FARO develops and markets computer-aided measurement and imaging devices and software. The devices are used for inspecting components and assemblies, production planning, documenting large volume spaces or structures in 3D, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes. 
Type
Public
HQ
Lake Mary, US
Founded
1981
Size (employees)
1,485 (est)
Website
faro.com
FARO Technologies was founded in 1981 and is headquartered in Lake Mary, US
Report incorrect company information

FARO Technologies Office Locations

FARO Technologies has offices in Khwaeng Bang Na, Seo-gu, Haeundae-gu, Chengdu Shi and in 23 other locations
Lake Mary, US (HQ)
250 Technology Park
Exton, US
290 National Rd
Wixom, US
46998 Magellan Dr
South Brisbane, AU
1 12 Cordelia St
Jardim Belizário, BR
360 R. San José
Chaoyang Qu, CN
24A Jianguomen Wai Street
Show all (27)
Report incorrect company information

FARO Technologies Financials and Metrics

FARO Technologies Financials

FARO Technologies's revenue was reported to be $360.92 m in FY, 2017
USD

Revenue (FY, 2017)

360.9 m

Gross profit (FY, 2017)

204.6 m

Gross profit margin (FY, 2017), %

56.7%

Net income (FY, 2017)

(14.5 m)

EBIT (FY, 2017)

5.3 m

Market capitalization (25-Apr-2018)

1 b

Cash (31-Dec-2017)

141 m
FARO Technologies's current market capitalization is $1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

291.8 m341.8 m317.5 m325.6 m360.9 m

Revenue growth, %

17%(7%)3%

Cost of goods sold

97.6 m115 m114 m147.6 m156.3 m

Gross profit

194.2 m226.8 m203.6 m178 m204.6 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

68.2 m73.4 m82.1 m82.2 m69.9 m83.8 m72.5 m75.7 m78.5 m79.6 m81.6 m82.7 m90.3 m

Cost of goods sold

29.4 m33.3 m36.5 m36.2 m30.3 m39.2 m37.6 m33.1 m34.6 m36.9 m37.8 m35.9 m38.2 m

Gross profit

38.8 m40.1 m45.5 m46 m39.6 m44.5 m34.9 m42.7 m43.9 m42.7 m43.7 m46.8 m52 m

Gross profit Margin, %

57%55%55%56%57%53%48%56%56%54%54%57%58%
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017

Cash

35.1 m50.7 m64.5 m93.2 m124.6 m109.3 m107.4 m106.2 m141 m

Accounts Receivable

66.3 m84 m69.9 m61.4 m72.1 m

Inventories

14.6 m17 m18.5 m51.9 m53.8 m

Current Assets

324.1 m340.5 m292.2 m286.2 m294.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

116.9 m122.7 m129.8 m116.9 m96.1 m90.6 m96 m120.3 m133.5 m121.3 m105.9 m117.6 m129.8 m

Accounts Receivable

52.9 m64.7 m66 m68.9 m62.3 m70 m63.8 m60.1 m56.8 m57.4 m60.6 m58.8 m60.4 m

Inventories

49 m50.2 m53.3 m56.5 m66.7 m68.9 m55.1 m48.6 m51.8 m55.2 m52.5 m57.9 m59 m

Current Assets

304.6 m323 m335 m329.1 m313.7 m318.8 m307.4 m299.3 m309.3 m295 m279.8 m279.2 m281.2 m
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

21.5 m33.6 m12.8 m11.1 m(14.5 m)

Depreciation and Amortization

7 m7.4 m11.2 m13.9 m16.6 m

Inventories

(3.3 m)(22 m)(18 m)(10.9 m)

Accounts Payable

1.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

13.2 m5 m11.3 m11.2 m664 k4.1 m(884 k)3.1 m3.4 m1.1 m(1.5 m)

Depreciation and Amortization

5.3 m1.8 m3.7 m1.8 m2.5 m2.7 m2.8 m3.1 m3.3 m3.4 m3.7 m

Accounts Payable

9.9 m11.2 m9.3 m12.5 m10.2 m10.8 m11.5 m12 m

Cash From Operating Activities

24.2 m(823 k)9.5 m
USDY, 2017

Revenue/Employee

243 k

Financial Leverage

1.3 x
Show all financial metrics

FARO Technologies Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017

Manufacturing Facilities

5 5 5

New Bookings

$69.10 m$83.80 m$72.30 m$100.40 m$325.60 m$73.50 m$81.60 m$79.80 m$95.80 m$330.70 m$86.90 m

Patents and Patent Applications

800 900 920

Trademarks

21 65 70
Show all operating metrics
Report incorrect company information

FARO Technologies News and Updates

Short Range 3D Scanners Market by Top Manufacturers with Production-Artec 3D, 3D Digital Corp, Carl Zeiss Optotechnik, FARO Technologies, Hexagon Manufacturing Intelligence's and Others

ReportsWeb has announced the addition of the “Short Range 3D Scanners Market” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Posted via Industry Today. Follow us on Twitter @IndustryToday
Report incorrect company information