OverviewSuggest Edit

FLIR Systems is a provider of sensing solutions for government, defense, industrial, and commercial markets. The company designs, develops, manufactures, markets, and distributes thermal imaging, visible-light imaging, video analytics, measurement and diagnostics, and advanced threat detection systems. Its advanced systems and components can be used for a range of applications, including situational awareness, airborne and ground-based surveillance, condition monitoring, navigation, recreation, research and development, manufacturing process control, search and rescue, drug interdiction, transportation safety and efficiency, border and maritime patrol, environmental monitoring, as well as chemical, biological, radiological, nuclear, and explosives threat detection.

TypePublic
Founded1978
HQWilsonville, OR, US
Websiteflir.com
Employee Ratings3.8
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2019)4,265(+17%)
Job Openings46
Revenue (FY, 2020)$1.9 B(+2%)
Share Price (May 2021)$59.3
Cybersecurity ratingCMore

Key People/Management at FLIR Systems

Jim Cannon

Jim Cannon

President and Chief Executive Officer
Carol Lowe

Carol Lowe

Executive Vice President and Chief Financial Officer
Sonia Galindo

Sonia Galindo

SVP, General Counsel, Secretary, Chief Ethics & Compliance Officer
Paula Cooney

Paula Cooney

Senior Vice President, Chief Human Resources Officer
Roger Wells

Roger Wells

Vice President and General Manager for the Unmanned Systems & Integrated Solutions Line of Business
Mark Stock

Mark Stock

Vice President and General Manager for the Sensors Line of Business
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FLIR Systems Office Locations

FLIR Systems has offices in Wilsonville, Arlington, Billerica, Goleta and in 5 other locations
Wilsonville, OR, US (HQ)
27700 SW Parkway Ave
Arlington, VA, US
1201 S Joyce St, Suite C006
Billerica, MA, US
25 Esquire Rd, North Billerica
Goleta, CA, US
6769 Hollister Ave
Nashua, NH, US
9 Townsend W
Meer, BE
Luxemburgstraat 2
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FLIR Systems Financials and Metrics

FLIR Systems Revenue

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FLIR Systems's revenue was reported to be $1.92 b in FY, 2020
USD

Revenue (Q1, 2021)

467.3m

Gross profit (Q1, 2021)

209.2m

Gross profit margin (Q1, 2021), %

44.8%

Net income (Q1, 2021)

38.8m

EBIT (Q1, 2021)

52.5m

Market capitalization (7-May-2021)

7.8b

Closing stock price (7-May-2021)

59.3

Cash (31-Mar-2021)

100.0k

EV

8.5b
FLIR Systems's current market capitalization is $7.8 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.8b1.8b1.9b1.9b

Revenue growth, %

8%(1%)6%

Cost of goods sold

941.7m875.4m957.5m976.7m

Gross profit

858.8m900.3m929.5m947.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

439.6m452.7m434.9m444.7m482.0m471.2m450.9m482.0m466.4m467.3m

Cost of goods sold

221.7m220.2m212.8m211.1m248.4m241.7m231.6m229.8m237.5m258.1m

Gross profit

217.9m232.6m222.1m233.7m233.6m229.6m219.4m252.2m228.9m209.2m

Gross profit Margin, %

50%51%51%53%48%49%49%52%49%45%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

519.1m512.1m284.6m297.8m

Accounts Receivable

346.7m323.7m318.7m353.6m

Prepaid Expenses

81.9m102.6m116.7m104.6m

Inventories

372.2m352.1m388.8m472.2m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

107.2m282.4m171.6m212.6m

Depreciation and Amortization

71.0m66.5m103.1m94.7m

Inventories

(33.0m)17.4m(24.4m)(71.1m)

Accounts Payable

21.6m(22.4m)51.8m(4.3m)
Quarterly
USDFY, 2017

Revenue/Employee

508.3k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.5 x
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FLIR Systems Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020

Backlog (Industrial)

$181 m$164.5 m$154 m$189 m$350.7 m

Backlog (Government and Defense)

$352 m$391.1 m$471 m$434.6 m$562.1 m

Backlog (Commercial)

$64 m$46.7 m$45 m$48.9 m

Facilities

74799498104
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FLIR Systems Acquisitions / Subsidiaries

Company NameDateDeal Size
Endeavor RoboticsFebruary 18, 2019$385 m
Aeryon LabsJanuary 28, 2019$266 m
AcyclicaSeptember 11, 2018
Prox DynamicsNovember 30, 2016$134 m
Point Grey Research, Inc.October 03, 2016$253 m
ArmasightJune 28, 2016$41 m
DVTelJanuary 26, 2016$92 m
Digimerge TechnologiesJanuary 08, 2013
Traficon International NVDecember 28, 2012$46 m
Lorex TechnologyDecember 20, 2012$60 m
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FLIR Systems Revenue Breakdown

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FLIR Systems revenue breakdown by business segment: 39.1% from Industrial, 18.8% from Commercial and 42.1% from Government and Defense

FLIR Systems revenue breakdown by geographic segment: 21.1% from Europe, 13.6% from Asia, 55.0% from United States, 6.5% from Middle East/Africa and 3.8% from Other

FLIR Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

FLIR Systems Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

FLIR Systems Online and Social Media Presence

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FLIR Systems Company Culture

  • Overall Culture

    C+

    69/100

  • CEO Rating

    A+

    81/100

  • Compensation

    C+

    66/100

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FLIR Systems News and Updates

FLIR Wins Additional $15.4M Contract for Black Hornet Nano-UAV Systems for U.S. Army Soldier Borne Sensor Program

FLIR Systems, Inc. (NASDAQ: FLIR) announced it has won an additional $15.4 million contract to deliver its FLIR Black Hornet® 3 Personal Reconnaissance Systems (PRS) to the U.S. Army.

FLIR Wins DARPA Contract Worth Up to $20.5M to Develop Revolutionary New Protective Fabrics for Chem-Bio Defense

FLIR Systems, Inc. (NASDAQ: FLIR) announced it has won a contract with the Defense Advanced Research Projects Agency (DARPA) to rapidly develop novel fabrics with embedded catalysts and chemistries that can fight and reduce chemical and biological threats upon contact.

Flir Systems Inc. stock falls Wednesday, underperforms market

Shares of Flir Systems Inc. FLIR, -0.03% slid 0.62% to $57.35 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, 0.13% rising 0.15% to 4,079.95 and the Dow Jones Industrial Average DJIA, -0.22% rising 0.05% to 33,446.26. The s…

FLIR Systems Launches Radiometric Version of Boson Thermal Imaging Camera Module

The Boson® camera core represents the best in FLIR high-performance uncooled thermal imaging technology within a small, lightweight, and low-power package, and now FLIR partners and customers will have the option to purchase radiometric versions that can capture the temperature data of every pixel i…

New FLIR T865 Joins T-Series Family with Improved Accuracy for Condition Monitoring and Science Applications

FLIR Systems today announced the latest T-Series high-performance thermal camera, the FLIR T865. Built for electrical condition and mechanical equipment inspection, and for use in research and development applications, the T865 provides ±1 °C (±1.6 °F) or ±1% temperature measurement accuracy, a wide…

FLIR Systems and Neurala Make Deep Learning Inspection for the Production Line More Accessible

To empower those with no AI expertise and to reduce the complexity and cost of implementing deep learning inspection on the production line, FLIR Systems has collaborated with Neurala to develop a fully supported software and hardware solution. This easy-to-deploy solution saves time as it helps pro…
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FLIR Systems Frequently Asked Questions

  • When was FLIR Systems founded?

    FLIR Systems was founded in 1978.

  • Who are FLIR Systems key executives?

    FLIR Systems's key executives are Jim Cannon, Carol Lowe and Sonia Galindo.

  • How many employees does FLIR Systems have?

    FLIR Systems has 4,265 employees.

  • What is FLIR Systems revenue?

    Latest FLIR Systems annual revenue is $1.9 b.

  • What is FLIR Systems revenue per employee?

    Latest FLIR Systems revenue per employee is $451 k.

  • Who are FLIR Systems competitors?

    Competitors of FLIR Systems include Teledyne DALSA, Chemring Group and Smiths Detection.

  • Where is FLIR Systems headquarters?

    FLIR Systems headquarters is located at 27700 SW Parkway Ave, Wilsonville.

  • Where are FLIR Systems offices?

    FLIR Systems has offices in Wilsonville, Arlington, Billerica, Goleta and in 5 other locations.

  • How many offices does FLIR Systems have?

    FLIR Systems has 9 offices.