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, US
Websiteflir.com
Employee Ratings3.5

Locations

FLIR Systems is headquartered in
Wilsonville, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)4,265(+17%)
Job Openings79
Revenue (FY, 2019)$1.9 B(+7%)
Share Price (Oct 2020)$36.2 (-1%)
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

Interim 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, US (HQ)
27700 SW Parkway Ave
Arlington, US
1201 S Joyce St, Suite C006
Billerica, US
25 Esquire Rd, North Billerica
Goleta, US
6769 Hollister Ave
Nashua, 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 $1.89 b in FY, 2019 which is a 6.3% increase from the previous period.
USD

Revenue (Q2, 2020)

482.0m

Gross profit (Q2, 2020)

252.2m

Gross profit margin (Q2, 2020), %

52.3%

Net income (Q2, 2020)

61.3m

EBIT (Q2, 2020)

99.8m

Market capitalization (23-Oct-2020)

4.7b

Closing stock price (23-Oct-2020)

36.2

Cash (30-Jun-2020)

333.0m

EV

5.3b
FLIR Systems's current market capitalization is $4.7 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.7b1.8b1.8b1.9b

Revenue growth, %

7%8%(1%)6%

Cost of goods sold

895.0m941.7m875.4m957.5m

Gross profit

767.1m858.8m900.3m929.5m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

361.3m519.1m512.1m284.6m

Accounts Receivable

352.0m346.7m323.7m318.7m

Prepaid Expenses

79.9m81.9m102.6m116.7m

Inventories

371.4m372.2m352.1m388.8m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

166.6m107.2m282.4m171.6m

Depreciation and Amortization

57.5m71.0m66.5m103.1m

Inventories

51.2m(33.0m)17.4m(24.4m)

Accounts Payable

(33.5m)21.6m(22.4m)51.8m
USDFY, 2016

Revenue/Employee

483.8k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
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FLIR Systems Operating Metrics

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

Backlog (Industrial)

$164.50 m$189 m

Backlog (Government and Defense)

$391.10 m$434.60 m

Backlog (Commercial)

$46.70 m$48.90 m

Facilities

74 79 94 98 104
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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 Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

FLIR Systems Revenue Breakdown

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FLIR Systems revenue breakdown by business segment: 46.5% from Industrial, 50.1% from Government and Defense and 3.4% from Other

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 Online and Social Media Presence

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FLIR Systems News and Updates

Aircraft Engines 2020 Global Market Key Players – FLIR Systems, Nippon Ceramic, Honeywell, Raytheon Company - Analysis and Forecast to 2026

Wiseguyreports.Com Publish New Market Research Report On-“Aircraft Engines Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2026” Posted via Industry Today. Follow us on Twitter @IndustryToday

LenelS2 and FLIR Systems Announce Agreement to Support Healthy, Safe Workspaces

PITTSFORD, N.Y., July 29, 2020 /PRNewswire/ -- LenelS2 and FLIR Systems, Inc. (NASDAQ: FLIR) today announced that they had signed an agreement to integrate select FLIR thermal cameras with LenelS2's OnGuard® access control system. The integrated, non-contact solution joins the Carrier...

U.S. Army Awards $21.8M Production Contract to FLIR Systems for Nerve Agent Disclosure Spray

Advanced Spray Technology Changes Color when Chemical Warfare Agents like VX or Sarin are Detected on Equipment, Surfaces or Clothing, Enabling Faster, More Effective Decontamination.read more

FLIR Systems Launches FLIR Screen-EST Software to Improve Skin Temperature Screening for COVID-19

FLIR Screen-EST is Available for Use with FLIR Thermal Imaging Cameras Used for Skin Temperature Screening, Offering a Faster Solution for High Traffic Areas.read more

Basler, Cognex, and FLIR Systems Take Top Spots in ABI Research's Industrial Machine Vision Camera Vendor Competitive Assessment

SINGAPORE, Feb. 25, 2020 /PRNewswire/ -- Ranked as the number one industrial machine vision camera vendor, Basler scored highest in innovation and topped 7 of the 8 ranking criteria, announced global tech market advisory firm, ABI Research. Basler was closely followed by Cognex and FLIR...

FLIR Systems Names Sonia Galindo Senior Vice President, General Counsel, Secretary, and Chief Ethics and Compliance Officer

Ms. Galindo will assume a key role on the executive team reporting to President and CEO Jim Cannon, providing leadership and management of all legal and compliance matters in support of the company’s business objectives.read more
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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 $442.4 k.

  • Who are FLIR Systems competitors?

    Competitors of FLIR Systems include Hexagon Manufacturing Intelligence, MDA and General Dynamic Mission Systems.

  • 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.