OverviewSuggest Edit

National Instruments (NI) is a company manufacturing test and automated measurement systems. It offers PC-based systems, multifunction input and output devices, distributed measurement and control systems, high-performance test equipment, systems engineering software, and accessories. The company also delivers related repair, calibration, and training services. National Instruments caters to the semiconductor, automotive, aerospace, defense, electronics, energy, industrial machinery, and other markets.
TypePublic
Founded1976
HQAustin, TX, US
Websiteni.com
Employee Ratings3.9
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2020)7,000(-4%)
Job Openings221
Revenue (FY, 2021)$1.5 B(+15%)
Share Price (May 2022)$33.7(+5%)
Cybersecurity ratingBMore
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Key People/Management at National Instruments

Eric Starkloff

Eric Starkloff

President, Chief Executive Officer
Karen Rapp

Karen Rapp

Chief Financial Officer
Scott Rust

Scott Rust

Global Executive Vice President, Platform and Product
Jason Green

Jason Green

Chief Revenue Officer, Executive Vice President, Portfolio Unit
Kevin Ilcisin

Kevin Ilcisin

Senior Vice President Strategy and Corporate Development
Stefanie Breyer

Stefanie Breyer

Senior Vice President of Product Planning
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National Instruments Office Locations

National Instruments has offices in Austin, Yerevan, Macquarie Park, Zaventem and in 36 other locations
Austin, TX, US (HQ)
11500 N Mopac Expy
Yerevan, AM
123 Hovsep Emin St
Macquarie Park, AU
4 Drake Ave
Zaventem, BE
Ikaroslaan 79
São Paulo, BR
Av. Paulista, 509 - 21º andar Cerqueira César
Las Condes, CL
Cerro El Plomo 5680
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National Instruments Financials and Metrics

National Instruments Revenue

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National Instruments's revenue was reported to be $1.47 b in FY, 2021
USD

Revenue (FY, 2021)

1.5b

Gross profit (FY, 2021)

1.0b

Gross profit margin (FY, 2021), %

71.4%

Net income (FY, 2021)

89.3m

EBIT (FY, 2021)

118.2m

Market capitalization (13-May-2022)

4.4b

Closing stock price (13-May-2022)

33.7

Cash (31-Dec-2021)

211.1m

EV

4.6b
National Instruments's current market capitalization is $4.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

1.4b1.4b1.3b1.5b

Revenue growth, %

5%0%(5%)

Cost of goods sold

333.7m336.9m371.1m421.0m

Gross profit

1.0b1.0b915.6m1.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

311.1m334.2m340.4m309.4m301.3m308.1m335.2m346.7m367.2m

Cost of goods sold

76.1m83.8m85.9m83.8m85.9m92.3m95.4m99.2m102.7m

Gross profit

235.0m250.5m254.5m225.6m215.4m215.9m239.8m247.5m264.4m

Gross profit Margin, %

76%75%75%73%71%70%72%71%72%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

194.6m260.2m211.1m

Accounts Receivable

248.9m266.9m341.3m

Prepaid Expenses

65.5m68.5m89.9m

Inventories

200.4m194.0m289.2m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

162.2m143.7m89.3m

Depreciation and Amortization

73.5m87.1m99.4m

Inventories

(6.8m)7.6m(90.5m)

Accounts Payable

4.0m(10.0k)31.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

23.2m51.9m103.6m132.7m143.5m138.9m4.5m21.8m49.0m

Depreciation and Amortization

18.0m36.0m54.5m19.3m38.3m61.2m23.9m50.0m73.4m

Cash From Operating Activities

42.1m88.6m149.3m43.6m101.5m108.8m29.8m52.3m86.0m

Capital Expenditures

(10.9m)(26.0m)(47.2m)(12.8m)(25.4m)(36.6m)(8.5m)(17.4m)(26.1m)
USDFY, 2018

Revenue/Employee

187.1k
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National Instruments Operating Metrics

National Instruments's Customers was reported to be 35 k in FY, 2021.
FY, 2018FY, 2019FY, 2020FY, 2021

Customers

35 k35 k35 k35 k

Patents (US)

862870861

Patents (Foreign)

889194

Patent Applications

606289
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National Instruments Acquisitions / Subsidiaries

Company NameDateDeal Size
NH Research, LLCOctober 28, 2021$206.24 m
monoDriveMay 04, 2021
OptimalPlus Ltd.July 02, 2020$352.64 m
Micropross SASOctober 28, 2015$108 m
BEEcubeMay 23, 2015
DigilentJanuary 24, 2013
SignalionJanuary 09, 2013
NMDG NVNovember 06, 2012
AWR CorporationMay 23, 2011
Phase MatrixMay 23, 2011
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National Instruments Revenue Breakdown

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National Instruments revenue breakdown by business segment: 44.4% from Product, 5.6% from Software Maintenance, 44.4% from Product and 5.6% from Software Maintenance

National Instruments revenue breakdown by geographic segment: 20.3% from Americas, 16.9% from APAC, 12.8% from EMEA, 20.3% from Americas, 16.9% from APAC and 12.8% from EMEA

Human Capital Metrics

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National Instruments Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

National Instruments Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

National Instruments Online and Social Media Presence

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National Instruments Company Culture

  • Overall Culture

    C+

    67/100

  • CEO Rating

    B+

    74/100

  • Compensation

    C-

    60/100

  • Diversity

    C

    66/100

Learn more on Comparably

National Instruments News and Updates

Ex-Dividend Reminder: Apple, National Instruments And Texas Instruments

On 5/6/22, Apple, National Instruments, and Texas Instruments will all trade ex-dividend for their respective upcoming dividends.

NI Announces First Quarter 2022 Earnings Conference Call

NI (NASDAQ: NATI) announced today it will release its first quarter 2022 results after market close on Thursday, April 28, 2022, at 4:00 p.m. Central Time.

NI Extends Leadership Position in Electric Vehicle Testing with Acquisition of Kratzer Automation AG’s Test Systems Business

NI (Nasdaq: NATI) today announced it has entered into a definitive agreement to purchase the test systems business of Kratzer Automation AG, a European leader in providing holistic customer solutions for electrification (EV). This agreement further expands NI’s investment in the high growth area of …

NI Closes Transaction with Heinzinger GmbH

NI (Nasdaq: NATI) today announced it has officially closed the purchase of the Electronic Vehicle (EV) Systems business of Rosenheim, Germany-based Heinzinger GmbH, a European leader in high-current and high-voltage power systems.

NI Announces Opening of Engineering Innovation Centre in Bangalore

NI (NASDAQ: NATI) today announced the opening of its Engineering Innovation Centre (EIC) in Bangalore. The engineering lab, which opened late 2021, supports NI’s customers, partners and startup companies that serve the local aerospace and defense market. The EIC will also be used to train the next g…

NI Announces New Software Bundle to Help Engineers Optimize Test Systems

NI (NASDAQ: NATI) today announced its Test Workflow subscription bundle for automating test systems. This offering expands engineers’ access to the software needed to design and automate a test or measurement system through a single software license.
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National Instruments Blogs

Re: Tips and Tricks for Engineers to Embrace Remote Work

i like to work as a remote work

Review of the year 2021 (Spoiler - less sucky than 2020)

With a new variant of COVID running riot it may seem that things are as dark as this time last year, I see reasons to be optimistic.

NI Partner Network Virtual Meeting Series: Q4 – December 2021

Please join us for the next edition in the NI Partner Network virtual meeting!

ODT Update - Now with extra table-age

I've been using my open document toolkit with a number of years now and it's been very handy. Well now it is even handier!
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National Instruments Frequently Asked Questions

  • When was National Instruments founded?

    National Instruments was founded in 1976.

  • Who are National Instruments key executives?

    National Instruments's key executives are Eric Starkloff, Karen Rapp and Scott Rust.

  • How many employees does National Instruments have?

    National Instruments has 7,000 employees.

  • What is National Instruments revenue?

    Latest National Instruments annual revenue is $1.5 b.

  • What is National Instruments revenue per employee?

    Latest National Instruments revenue per employee is $210 k.

  • Who are National Instruments competitors?

    Competitors of National Instruments include Vishay Precision Group, FormFactor and Astronics.

  • Where is National Instruments headquarters?

    National Instruments headquarters is located at 11500 N Mopac Expy, Austin.

  • Where are National Instruments offices?

    National Instruments has offices in Austin, Yerevan, Macquarie Park, Zaventem and in 36 other locations.

  • How many offices does National Instruments have?

    National Instruments has 40 offices.