Finisar manufactures optical components and subsystems that enable high-speed voice, video and data communications for networking, storage, wireless and cable TV apps. The Company has created critical breakthroughs in optics technology and supplied system manufacturers with the production volumes needed to meet the exploding demand for network bandwidth. Finsar's optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in these networks, including the switches, routers, and servers used in wireline networks.

Employee Rating

3.3More
TypeSubsidiary
Parent CompanyII-VI
HQSunnyvale, US
Founded1988
Websitefinisar.com
Cybersecurity ratingDMore
Finisar was founded in 1988 and is headquartered in Sunnyvale, US

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Key People/Management at Finisar

Francis J. Kramer

Francis J. Kramer

Chairman
Vincent D. Mattera

Vincent D. Mattera

Chief Executive Officer, Director
Marc Y. E. Pelaez

Marc Y. E. Pelaez

Director
Ishrat Hakim

Ishrat Hakim

Chief Sales Officer
Gary A. Kapusta

Gary A. Kapusta

Chief Procurement Officer
Joseph J. Corasanti

Joseph J. Corasanti

Director
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Finisar Office Locations

Finisar has offices in Sunnyvale, Allen, Caney, Horsham and in 12 other locations
Sunnyvale, US (HQ)
1389 Moffett Park Dr
Allen, US
Allen, TX, USA
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Finisar Financials and Metrics

Summary Metrics

Founding Date

1988

Total Funding

$390 m

Investors

In total, Finisar had raised $390 m. Finisar is a subsidiary of II-VI

Finisar Revenue

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Finisar's revenue was reported to be $1.28 b in FY, 2019
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

952.6m934.3m1.2b1.3b1.3b1.4b1.3b1.3b

Revenue growth, %

8%1%15%(9%)

Cost of goods sold

672.9m662.1m754.8m888.6m901.3m941.2m951.5m926.6m

Gross profit

279.7m272.2m402.1m362.4m361.9m508.1m365.0m353.9m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q2, 2015Q3, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

228.2m241.5m243.0m220.5m232.0m238.4m266.1m290.7m294.0m327.6m297.0m321.1m306.3m314.0m309.2m341.3m369.9m380.6m341.8m332.2m1.0b317.3m325.4m327.6m285.0m

Cost of goods sold

160.2m169.6m170.2m161.5m166.2m168.4m173.1m186.2m187.4m227.4m210.6m230.6m221.2m224.1m219.8m231.6m235.2m243.0m225.9m235.4m705.0m236.2m239.2m232.7m197.6m

Gross profit

68.0m71.9m72.7m59.1m65.9m70.0m93.0m104.6m106.7m100.3m86.4m90.5m85.1m89.9m89.4m109.7m134.7m137.6m115.9m96.8m301.4m81.2m86.2m94.9m87.4m

Gross profit Margin, %

30%30%30%27%28%29%35%36%36%31%29%28%28%29%29%32%36%36%34%29%30%26%26%29%31%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

234.5m289.1m303.1m197.4m299.2m260.2m312.3m814.2m

Accounts Receivable

167.8m149.6m233.5m263.4m

Prepaid Expenses

25.2m17.2m44.2m

Inventories

218.4m200.7m259.8m283.7m273.3m331.4m348.5m299.0m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q2, 2015Q3, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

238.1m228.0m218.3m220.4m262.4m265.5m288.4m316.5m374.9m287.5m187.0m258.3m198.3m233.0m268.3m280.4m283.0m240.6m278.8m274.5m259.0m326.2m332.1m906.9m882.3m

Accounts Receivable

166.5m176.5m178.3m179.4m155.9m155.5m171.8m248.1m247.7m263.7m256.6m

Prepaid Expenses

16.0m19.1m22.4m24.4m25.2m22.9m18.5m54.9m51.2m44.7m40.2m

Inventories

208.6m214.9m225.5m208.2m203.6m202.1m207.0m231.2m247.1m270.1m284.8m264.7m277.9m282.1m262.6m272.6m292.4m312.3m356.8m369.1m382.2m325.8m309.5m306.9m320.6m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

43.0m(5.5m)111.5m11.9m35.2m249.3m(48.3m)(53.2m)

Depreciation and Amortization

45.6m52.8m2.5m2.9m2.7m2.8m105.4m100.4m

Inventories

(21.3m)19.4m(63.0m)(38.0m)(4.2m)(73.6m)839.0k33.5m

Accounts Payable

(12.0m)3.0m34.0m12.0m10.1m(1.0m)1.2m3.0m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q2, 2015Q3, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

10.1m16.1m25.0m(6.2m)(5.9m)(9.3m)26.0m30.0m27.1m14.2m(11.4m)6.6m1.7m3.4m12.1m23.9m48.8m46.4m19.9m25.7m(29.9m)(18.5m)(23.8m)(39.1m)(8.7m)

Depreciation and Amortization

10.6m21.6m33.0m809.0k25.8m39.1m14.0m761.0k737.0k668.0k737.0k668.0k668.0k668.0k668.0k713.0k24.9m51.6m73.7m26.3m51.4m75.9m23.5m

Inventories

(7.1m)(16.6m)(27.9m)17.1m18.5m(12.5m)270.1m284.8m264.7m277.9m282.1m262.6m272.6m292.4m312.3m(18.8m)(31.4m)(28.0m)11.3m21.6m27.8m(20.6m)

Accounts Payable

3.7m6.7m1.9m(2.3m)(7.8m)14.0m143.2m113.2m133.2m123.9m139.6m131.2m136.3m153.0m155.9m8.0m11.5m(13.3m)9.9m(2.8m)(4.9m)(7.1m)
USDQ1, 2012

Financial Leverage

1.3 x
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Finisar Operating Metrics

FY, 2015FY, 2016FY, 2017

Patents Issued

2.15 k2 k2 k

Patents Pending

430 405 405
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Finisar Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

SecurityScorecard logo

Finisar Revenue Breakdown

Embed Graph

Finisar revenue breakdown by business segment: 78.2% from Datacom and 21.8% from Telecom

Finisar revenue breakdown by geographic segment: 36.7% from United States, 20.5% from China, 9.3% from Malaysia and 33.5% from Rest of the World

Finisar Online and Social Media Presence

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Finisar News and Updates

II-VI Incorporated Expands Compound Semiconductors and Photonic Solutions Platforms with the Completion of the Finisar Acquisition

PITTSBURGH, Sept. 24, 2019 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq:IIVI), a global leader in engineered materials and optoelectronic devices, today successfully completed the acquisition of Finisar Corporation (Nasdaq:FNSR).  The acquisition of Finisar was first announced on November 9, 201…

Finisar Presents Industry-First Optical Communication Solutions Driving Next-Generation Data Centers and Carrier Networks at ECOC 2019

SUNNVALE, Calif. and DUBLIN, Ireland, Sept. 22, 2019 (GLOBE NEWSWIRE) -- Finisar (NASDAQ: FNSR), an industry leader in optical modules and components, today introduced several new product and technology solutions at ECOC, the largest optical communications exhibition in Europe. Finisar will demons…

II-VI Incorporated Obtains All Governmental Regulatory Approvals to Complete Acquisition of Finisar Corporation and Sets Expected Closing Date

PITTSBURGH and SUNNYVALE, Calif., Sept. 20, 2019 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq:IIVI) (“II-VI”), a global leader in engineered materials and optoelectronic components, and Finisar Corporation (Nasdaq: FNSR) (“Finisar”) today jointly announced that II-VI has obtained antitrust clear…

Finisar Optics Experts Present at ECOC Exhibition in Dublin, Ireland

Speakers Focus on Upcoming Developments in Optical Technology Speakers Focus on Upcoming Developments in Optical Technology

Finisar Announces First Quarter of Fiscal 2020 Financial Results

SUNNYVALE, Calif., Sept. 04, 2019 (GLOBE NEWSWIRE) -- Finisar Corporation (NASDAQ: FNSR), a global technology leader for subsystems and components for fiber optic communications, today announced financial results for its first quarter of fiscal 2020, ended July 28, 2019. Finisar will not hold an e…

Synaptics taps former Finisar CEO as new top boss

Synaptics Inc. snagged Michael Hurlston to be its new chief executive, after his resignation from Finisar Corp. Synaptics announced the hire Monday afternoon, after Finisar announced his departure earlier in the day amid Finisar's acquisition by II-VI Inc. Synaptics announced in May that its chief…
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Finisar Blogs

Video: Finisar Demonstrates 400G-DR4 QSFP-DD Pluggable Transceivers at OFC 2019

The post Video: Finisar Demonstrates 400G-DR4 QSFP-DD Pluggable Transceivers at OFC 2019 appeared first on Finisar.

Video: Finisar Demonstrates 25G LR Lite SFP28 Transceiver at OFC 2019

The post Video: Finisar Demonstrates 25G LR Lite SFP28 Transceiver at OFC 2019 appeared first on Finisar.

Video: Finisar Demonstrates WaveAnalyzer™ 200A Portable Optical Spectrum Analyzer at OFC 2019

The post Video: Finisar Demonstrates WaveAnalyzer™ 200A Portable Optical Spectrum Analyzer at OFC 2019 appeared first on Finisar.

Video: Finisar Demonstrates 64Gbaud Integrated Coherent Tx & Rx Optical Sub-Assembly (IC-TROSA) at OFC 2019

The post Video: Finisar Demonstrates 64Gbaud Integrated Coherent Tx & Rx Optical Sub-Assembly (IC-TROSA) at OFC 2019 appeared first on Finisar.

Video: Finisar Demonstrates 200G, 2x200G & 400G-FR4 Pluggable Transceivers at OFC 2019

The post Video: Finisar Demonstrates 200G, 2x200G & 400G-FR4 Pluggable Transceivers at OFC 2019 appeared first on Finisar.

Video: Finisar Demonstrates 400G-SR8 Pluggable Transceivers at OFC 2019

The post Video: Finisar Demonstrates 400G-SR8 Pluggable Transceivers at OFC 2019 appeared first on Finisar.
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Finisar Frequently Asked Questions

  • When was Finisar founded?

    Finisar was founded in 1988.

  • Who are Finisar key executives?

    Finisar's key executives are Francis J. Kramer, Vincent D. Mattera and Marc Y. E. Pelaez.

  • How many employees does Finisar have?

    Finisar has 13,000 employees.

  • What is Finisar revenue?

    Latest Finisar annual revenue is $1.3 b.

  • What is Finisar revenue per employee?

    Latest Finisar revenue per employee is $98.5 k.

  • Who are Finisar competitors?

    Competitors of Finisar include Applied Optoelectronics, II-VI and Lumentum.

  • Where is Finisar headquarters?

    Finisar headquarters is located at 1389 Moffett Park Dr, Sunnyvale.

  • Where are Finisar offices?

    Finisar has offices in Sunnyvale, Allen, Caney, Horsham and in 12 other locations.

  • How many offices does Finisar have?

    Finisar has 16 offices.