FLIR Systems

FLIR Systems is the company specializing in the design and production of thermal imaging cameras, components, and imaging sensors.  The Company is structured to focus on six specific business segments. The Surveillance group addresses high-end military and other governmental thermal imaging markets. The Instruments segment produces thermography cameras for building inspection, predictive maintenance, and R&D, as well as test and measurement tools. Development of OEM camera cores and components, new technologies, and new applications for existing technologies are served by the OEM & Emerging Markets group. Marine electronics including thermal cameras under both the FLIR and Raymarine brands fall under the Maritime segment. Thermal and visible light cameras for industrial, commercial, and residential security are serviced under the Lorex by FLIR brands by the Security segment. The Detection segment produces sensors for chemical, biological, radiation, and explosive detection.

Company Growth (employees)
Wilsonville, US
Size (employees)
3,436 (est)
FLIR Systems was founded in 1978 and is headquartered in Wilsonville, US

FLIR Systems Office Locations

FLIR Systems has an office in Wilsonville
Wilsonville, US (HQ)
27700 SW Parkway Ave
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FLIR Systems Financials and Metrics

FLIR Systems Financials

FLIR Systems's revenue was reported to be $1.7 b in FY, 2016

Revenue (Q3, 2017)

464.7 m

Gross profit (Q3, 2017)

222.9 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

63.5 m

Market capitalization (22-Dec-2017)

6.6 b

Cash (30-Sep-2017)

437 m


6.6 b
FLIR Systems's current market capitalization is $6.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


1.5 b1.5 b1.6 b1.7 b

Revenue growth, %


Cost of goods sold

803.5 m895 m

Gross profit

753.6 m767.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


393 m381.9 m379.5 m402.7 m405.2 m406.8 m434.1 m464.7 m

Cost of goods sold

203.4 m201.2 m201.8 m219.4 m213.9 m215.5 m227.4 m241.8 m

Gross profit

189.6 m180.7 m177.7 m183.3 m191.4 m191.3 m206.7 m222.9 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


542.5 m531.4 m472.8 m361.3 m

Accounts Receivable

286.6 m354.7 m326.1 m352 m


344.7 m320.6 m393.1 m371.4 m

Current Assets

1.3 b1.3 b1.3 b1.2 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


492.2 m584.1 m602.1 m565.4 m547.8 m560.2 m525.4 m510.6 m903.2 m677.7 m397.4 m403.6 m437 m

Accounts Receivable

281.6 m270.2 m270.1 m298.6 m311.8 m327.7 m304.3 m298.5 m279.3 m309.6 m308.7 m332 m345.5 m


376 m338.9 m350.1 m343.3 m340.3 m360.6 m387.1 m398.9 m387.4 m380.2 m386.1 m405.3 m413 m

Current Assets

1.3 b1.3 b1.4 b1.3 b1.3 b1.4 b1.3 b1.3 b1.7 b1.5 b1.2 b1.2 b1.3 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

177 m200.3 m241.7 m166.6 m

Depreciation and Amortization

62.8 m57.2 m49.5 m57.5 m

Accounts Receivable

48.6 m(10.7 m)


51.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

148.3 m29.9 m74.7 m127.5 m47.9 m98.4 m171.5 m1.1 m46.5 m105.1 m42.6 m94 m157.5 m

Depreciation and Amortization

45 m16.5 m30.7 m44.3 m12.5 m24.6 m36.5 m13.9 m27.8 m41.9 m17 m35 m53.4 m

Accounts Receivable

52.9 m15.5 m15.9 m(17.4 m)35.6 m22.6 m28.8 m50.7 m20 m44.8 m24.5 m13 m


(44.1 m)(72.5 m)(2.1 m)20.2 m(12.8 m)(26.9 m)(30.6 m)
USDY, 2017


31.5 x


135.2 k

Financial Leverage

1.5 x
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FLIR Systems Operating Metrics

FLIR Systems's Backlog was reported to be $592 in FY, 2016, which is a 2% decrease from the previous period
FY, 2014FY, 2015FY, 2016



Backlog (OEM & Emerging Markets)

$132 m$140 m$143 m

Backlog (Surveillance)

$295 m$309 m$328 m

Backlog (Instruments)

$35 m$27 m$27 m
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FLIR Systems Market Value History

FLIR Systems Revenue Breakdown

FLIR Systems's Web-traffic and Trends

FLIR Systems Online and Social Media Presence

FLIR Systems Company Life and Culture

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