OverviewSuggest Edit

iRobot is a technology company that designs and builds behavior-based AI robots. It develops consumer robots for inside and outside of the home, including a range of autonomous home vacuum cleaners (Roomba), floor moppers (Braava), and other autonomous cleaning devices.

TypePublic
Founded1990
HQBedford, MA, US
Websiteirobot.com
Employee Ratings4.3
Overall CultureC-

Latest Updates

Employees (est.) (Jan 2021)1,209(+5%)
Job Openings120
Revenue (FY, 2019)$1.2 B(+12%)
Share Price (Sept 2021)$80.2(-2%)
Cybersecurity ratingBMore

Key People/Management at iRobot

Colin Angle

Colin Angle

Chairman, CEO and Founder
Julie Zeiler

Julie Zeiler

Executive Vice President and Chief Financial Officer
Keith Hartsfield

Keith Hartsfield

Executive Vice President and Chief Product Officer
Russ Campanello

Russ Campanello

Executive Vice President, Human Resources and Corporate Communications
Glen Weinstein

Glen Weinstein

Executive Vice President, Chief Legal Officer
Charlie Kirol

Charlie Kirol

Executive Vice President and Chief Supply Chain Officer
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iRobot Office Locations

iRobot has offices in Bedford, Pasadena, Wien, Guangzhou Shi and in 11 other locations
Bedford, MA, US (HQ)
8 Crosby Dr
Pasadena, CA, US
177 E Colorado Blvd #400
Wien, AT
Am Europl. 5
Guangzhou Shi, CN
a2801, 161 Linhe W Rd, Tianhe Qu
Shanghai, CN
No. 288 South Shaanxi Road, Two ICC, Xuhui District
Villeurbanne, FR
11 Avenue Albert Einstein
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iRobot Financials and Metrics

iRobot Revenue

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View revenue for all periods
iRobot's revenue was reported to be $1.21 b in FY, 2019 which is a 11.1% increase from the previous period.
USD

Revenue (Q3, 2020)

413.1m

Gross profit (Q3, 2020)

198.8m

Gross profit margin (Q3, 2020), %

48.1%

Net income (Q3, 2020)

93.3m

EBIT (Q3, 2020)

81.0m

Market capitalization (15-Sept-2021)

2.3b

Closing stock price (15-Sept-2021)

80.2

Cash (26-Sept-2020)

297.2m

EV

2.0b
iRobot's current market capitalization is $2.3 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

883.9m1.1b1.2b

Revenue growth, %

34%24%11%

Cost of goods sold

450.8m537.2m670.1m

Gross profit

433.2m555.4m543.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

217.1m226.3m264.5m237.7m260.2m289.4m192.5m279.9m413.1m

Cost of goods sold

101.3m108.4m129.3m118.1m142.0m152.6m114.6m101.9m214.3m

Gross profit

115.8m117.9m135.2m119.5m118.2m136.8m78.0m178.0m198.8m

Gross profit Margin, %

53%52%51%50%45%47%40%64%48%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

128.6m130.4m239.4m

Accounts Receivable

142.8m162.2m146.2m

Inventories

106.9m164.6m157.3m

Current Assets

434.7m514.4m594.2m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

51.0m88.0m85.3m

Depreciation and Amortization

25.5m36.6m37.2m

Inventories

(1.5m)(58.5m)7.3m

Accounts Payable

17.5m22.5m(20.5m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

20.4m30.9m62.8m22.5m29.7m65.3m(18.1m)40.5m133.7m

Depreciation and Amortization

8.7m17.7m27.1m8.7m17.9m27.7m7.5m17.8m25.7m

Inventories

(4.2m)(10.3m)(54.6m)(16.9m)(27.1m)(83.9m)9.8m24.1m(61.0m)

Accounts Payable

(46.5m)(46.5m)(10.5m)(52.7m)(52.8m)(27.3m)(41.4m)(20.6m)46.1m
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iRobot Acquisitions / Subsidiaries

Company NameDateDeal Size
Root RoboticsJune 20, 2019
RobopolisJuly 25, 2017$141 m
Sales On Demand CorpNovember 21, 2016$16 m
Evolution RoboticsSeptember 17, 2012$74 m
Guangzhou iRobot Technology Consulting Company Limited
iRobot Austria GmbH
iRobot Belgium SPRL
iRobot France SAS
iRobot Germany GmbH
iRobot (HK) Limited
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iRobot Revenue Breakdown

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iRobot revenue breakdown by geographic segment: 49.7% from U.S. and 50.3% from Non-U.S.

iRobot Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

iRobot Online and Social Media Presence

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iRobot Company Culture

  • Overall Culture

    C-

    66/100

  • CEO Rating

    B

    71/100

  • Compensation

    C+

    69/100

Learn more on Comparably

iRobot News and Updates

iRobot Introduces Roomba® j7+ Robot Vacuum with Genius™ 3.0 Home Intelligence - Clean the Way You Want, So You Can Human

BEDFORD, Mass., Sept. 9, 2021 /PRNewswire/ -- Robots should clean your home exactly how you want them to, understanding your specific instructions and unique preferences. iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today is giving customers even more control over their clean...

The best robot vacuum deals for Walmart Deals for Days 2021 include $160 off the iRobot Roomba i3+

  Summary List Placement Table of Contents: Masthead Sticky While Amazon Prime Day is the headline event this week, Walmart's Deals for Days is also offering some incredible savings on big brands. The event is active now and runs through June 23, and there are some excellent deals on robotic vacuums…

Global Robotic Vacuum (Floor & Pool) Cleaners Market Report 2021-2030: Major Players are Dyson, Ecovacs Robotics, Koninklijke Philips, LG, Panasonic, Samsung, Sharp, Neato Robotics, Miele and iRobot

Dublin, June 18, 2021 (GLOBE NEWSWIRE) -- The "Robotic Vacuum Cleaners Global Market Report 2021: COVID-19 Growth and Change to 2030" report has been added to ResearchAndMarkets.com's offering. This report focuses on the robotic vacuum cleaners market which is experiencing strong growth. The repor…

: iRobot stock drops as earnings beat does little to help outlook

Shares of iRobot Corp. IRBT fell in the extended session Monday after the consumer robot company’s earnings beat for the quarter did little to push its full-year earnings outlook above the Wall Street estimate. Shares of iRobot dropped 7% after hours, following a 4.5% decline in the regular session …

iRobot shares jump 14% as sales, earnings top estimates

iRobot shares jump 14% as sales, earnings top estimates
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iRobot Blogs

iRobot Reports Second-Quarter 2021 Financial Results

Second-Quarter Revenue Grew 31% Despite Supply Chain Challenges; Company Updates Full-Year 2021 Outlook Due to Semiconductor Chip Shortage; Company Announces Plans to Execute a $100 million Accelerated Share Repurchase BEDFORD, Mass. , July 28, 2021 /PRNewswire/ --  iRobot Corp.

iRobot Schedules Second-Quarter 2021 Results Call

BEDFORD, Mass. , July 14, 2021 /PRNewswire/ -- iRobot Corp.  (NASDAQ: IRBT), a leader in consumer robots, announced today it will issue its second-quarter 2021 financial results after market close on Wedneday, July 28, 2021 . The earnings press release will be posted at

iRobot Names Faris Habbaba as Chief Research and Development Officer

Former Zebra Technologies and Motorola executive to lead hardware and software development for the next generation of home robotics BEDFORD, Mass. , June 3, 2021 /PRNewswire/ --  iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, announced that Faris Habbaba will become its executive vice

iRobot Reports First-Quarter 2021 Financial Results

First-Quarter 2021 Revenue Growth of 58% Underpins Stronger-than-Expected Profitability and EPS Performance BEDFORD, Mass. , May 3, 2021 /PRNewswire/ --  iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the first quarter ended April 3, 2021 .

iRobot Schedules First-Quarter 2021 Results Call

iRobot Schedules First-Quarter 2021 Results Call Content Import Thu, 04/22/2021 - 09:03 iRobot Schedules First-Quarter 2021 Results Call 04/22/21 This release is a backfill from a News Wire General BEDFORD, Mass., April 22, 2021 /PR…

iRobot Expanding Direct-to-Consumer Product and Service Offerings

New iRobot H1 handheld vacuum, and extended warranty and service programs, offer customers more ways to keep a cleaner home BEDFORD, Mass. , April 6, 2021 /PRNewswire/ --  iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced it is diversifying its product offerings with the
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iRobot Frequently Asked Questions

  • When was iRobot founded?

    iRobot was founded in 1990.

  • Who are iRobot key executives?

    iRobot's key executives are Colin Angle, Julie Zeiler and Keith Hartsfield.

  • How many employees does iRobot have?

    iRobot has 1,209 employees.

  • What is iRobot revenue?

    Latest iRobot annual revenue is $1.2 b.

  • What is iRobot revenue per employee?

    Latest iRobot revenue per employee is $1 m.

  • Who are iRobot competitors?

    Competitors of iRobot include LG Electronics, Xiaomi and Dyson.

  • Where is iRobot headquarters?

    iRobot headquarters is located at 8 Crosby Dr, Bedford.

  • Where are iRobot offices?

    iRobot has offices in Bedford, Pasadena, Wien, Guangzhou Shi and in 11 other locations.

  • How many offices does iRobot have?

    iRobot has 15 offices.