See more : Jiangmen Kanhoo Industry Co., Ltd (300340.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of FARO Technologies, Inc. (FARO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of FARO Technologies, Inc., a leading company in the Hardware, Equipment & Parts industry within the Technology sector.
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FARO Technologies, Inc. (FARO)
About FARO Technologies, Inc.
FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurate position components; and FARO Laser Scanning Portfolio to measure and collect a cloud of data points. It also provides FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. The company offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 358.83M | 345.77M | 337.81M | 303.77M | 381.77M | 403.63M | 360.92M | 325.58M | 317.55M | 341.83M | 291.78M | 273.40M | 254.16M | 191.78M | 147.70M | 209.25M | 191.62M | 152.41M | 125.59M | 97.02M | 71.79M | 46.25M | 35.11M | 40.45M | 33.11M | 27.50M | 23.50M | 14.60M |
| Cost of Revenue | 193.83M | 170.00M | 153.89M | 143.92M | 183.63M | 175.28M | 156.28M | 147.62M | 149.87M | 152.91M | 129.89M | 123.78M | 110.48M | 78.38M | 67.00M | 84.02M | 76.57M | 62.95M | 52.66M | 37.02M | 29.52M | 21.11M | 14.30M | 14.75M | 14.16M | 11.10M | 9.60M | 6.50M |
| Gross Profit | 165.00M | 175.76M | 183.93M | 159.85M | 198.13M | 228.35M | 204.64M | 177.96M | 167.68M | 188.91M | 161.89M | 149.62M | 143.69M | 113.40M | 80.71M | 125.23M | 115.04M | 89.46M | 72.93M | 60.00M | 42.27M | 25.14M | 20.81M | 25.70M | 18.94M | 16.40M | 13.90M | 8.10M |
| Gross Profit Ratio | 45.98% | 50.83% | 54.45% | 52.62% | 51.90% | 56.57% | 56.70% | 54.66% | 52.80% | 55.27% | 55.48% | 54.73% | 56.53% | 59.13% | 54.64% | 59.85% | 60.04% | 58.70% | 58.07% | 61.84% | 58.88% | 54.35% | 59.26% | 63.54% | 57.23% | 59.64% | 59.15% | 55.48% |
| Research & Development | 41.81M | 49.42M | 48.76M | 42.90M | 44.18M | 39.71M | 35.38M | 30.13M | 26.56M | 27.51M | 22.41M | 17.58M | 15.20M | 12.69M | 12.61M | 12.63M | 10.26M | 7.23M | 6.44M | 5.44M | 4.53M | 4.03M | 3.37M | 3.55M | 3.83M | 2.60M | 1.10M | 700.00K |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 47.65M | 43.81M | 40.81M | 37.47M | 36.48M | 30.60M | 29.07M | 26.81M | 26.78M | 24.96M | 26.14M | 25.51M | 24.55M | 15.54M | 11.75M | 0.00 | 7.87M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 116.92M | 103.54M | 79.87M | 79.31M | 80.16M | 71.69M | 64.45M | 62.12M | 50.68M | 48.60M | 63.02M | 56.13M | 45.28M | 37.27M | 25.89M | 0.00 | 13.89M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 157.34M | 146.66M | 136.23M | 131.83M | 177.38M | 164.57M | 147.35M | 120.68M | 116.78M | 116.64M | 102.29M | 93.51M | 88.92M | 77.46M | 73.55M | 89.16M | 81.64M | 69.84M | 52.81M | 37.63M | 27.46M | 21.77M | 19.25M | 19.92M | 17.11M | 13.30M | 7.60M | 4.50M |
| Other Expenses | 15.39M | 3.24M | -70.00K | -431.00K | -2.31M | -1.14M | 190.00K | -822.00K | -371.00K | 94.00K | -50.00K | -102.00K | 6.71M | 6.33M | 5.53M | 4.51M | 4.03M | 4.14M | 3.45M | 2.34M | 2.84M | 2.28M | 2.56M | 2.93M | 4.47M | 3.00M | 300.00K | 200.00K |
| Operating Expenses | 199.14M | 196.07M | 185.00M | 174.72M | 221.55M | 222.59M | 199.32M | 164.68M | 154.56M | 151.57M | 131.74M | 118.07M | 110.83M | 96.47M | 91.70M | 106.29M | 95.93M | 81.20M | 62.71M | 45.41M | 34.83M | 28.08M | 25.18M | 26.40M | 25.41M | 18.90M | 9.00M | 5.40M |
| Cost & Expenses | 408.37M | 366.07M | 338.88M | 318.64M | 405.19M | 397.87M | 355.60M | 312.30M | 304.43M | 304.49M | 261.63M | 241.84M | 221.31M | 174.85M | 158.69M | 190.31M | 172.51M | 144.15M | 115.36M | 82.44M | 64.35M | 49.19M | 39.48M | 41.15M | 39.57M | 30.00M | 18.60M | 11.90M |
| Interest Income | 0.00 | 36.00K | 55.00K | 340.00K | 714.00K | 429.00K | 319.00K | 164.00K | 111.00K | 96.00K | 74.00K | 160.00K | 101.00K | 105.00K | 253.00K | 2.17M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 3.35M | 36.00K | 55.00K | 0.00 | 781.00K | 486.00K | 4.00K | 48.00K | 56.00K | 8.00K | 9.00K | 28.00K | 37.00K | 34.00K | 14.00K | 452.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 15.38M | 14.10M | 13.69M | 14.55M | 18.52M | 18.31M | 16.59M | 13.87M | 11.22M | 7.43M | 7.04M | 6.98M | 6.71M | 6.33M | 5.53M | 4.51M | 5.25M | 4.54M | 3.45M | 2.34M | 2.12M | 2.27M | 2.56M | 2.93M | 4.47M | 3.00M | 300.00K | 200.00K |
| EBITDA | -35.24M | -7.56M | 5.19M | -16.23M | -41.72M | 23.36M | 22.42M | 27.15M | 24.34M | 44.96M | 37.19M | 37.95M | 38.45M | 20.58M | -4.61M | 23.32M | 24.36M | 12.80M | 13.68M | 17.64M | 9.56M | -671.48K | -802.12K | 2.23M | -2.00M | 500.00K | 5.20M | 2.90M |
| EBITDA Ratio | -9.82% | -0.50% | 3.63% | -0.24% | -1.70% | 5.79% | 6.21% | 8.34% | 7.66% | 13.15% | 12.75% | 14.11% | 15.61% | 12.18% | -3.52% | 12.30% | 11.72% | 7.88% | 11.53% | 17.07% | 11.59% | -2.73% | -7.90% | 4.78% | 0.16% | 9.09% | 20.00% | 19.86% |
| Operating Income | -49.54M | -20.31M | -1.14M | -14.88M | -23.42M | 5.75M | 5.32M | 13.28M | 13.12M | 37.34M | 30.15M | 31.55M | 32.86M | 16.93M | -10.99M | 18.94M | 19.11M | 8.26M | 10.23M | 14.58M | 7.44M | -2.94M | -4.37M | -697.10K | -6.46M | -2.50M | 4.90M | 2.70M |
| Operating Income Ratio | -13.80% | -5.87% | -0.34% | -4.90% | -6.13% | 1.43% | 1.47% | 4.08% | 4.13% | 10.92% | 10.33% | 11.54% | 12.93% | 8.83% | -7.44% | 9.05% | 9.97% | 5.42% | 8.14% | 15.03% | 10.36% | -6.36% | -12.44% | -1.72% | -19.52% | -9.09% | 20.85% | 18.49% |
| Total Other Income/Expenses | -4.53M | 3.27M | -125.00K | -91.00K | -2.38M | -1.20M | 505.00K | -658.00K | -316.00K | 182.00K | -1.29M | -612.00K | -1.15M | -2.71M | 831.00K | -577.00K | 3.93M | 1.52M | -328.00K | 705.33K | 2.00M | 1.13M | 855.38K | 1.16M | -2.05M | -1.90M | 400.00K | -300.00K |
| Income Before Tax | -54.06M | -21.65M | -8.56M | -30.77M | -61.01M | 4.56M | 5.83M | 12.63M | 12.81M | 37.52M | 28.86M | 30.94M | 31.71M | 14.22M | -10.16M | 18.36M | 23.04M | 9.78M | 9.90M | 15.29M | 9.44M | -1.80M | -2.51M | 464.20K | -8.52M | -4.40M | 5.30M | 2.50M |
| Income Before Tax Ratio | -15.07% | -6.26% | -2.53% | -10.13% | -15.98% | 1.13% | 1.61% | 3.88% | 4.03% | 10.98% | 9.89% | 11.32% | 12.47% | 7.41% | -6.88% | 8.77% | 12.02% | 6.41% | 7.88% | 15.76% | 13.14% | -3.90% | -7.14% | 1.15% | -25.72% | -16.00% | 22.55% | 17.12% |
| Income Tax Expense | 2.52M | 5.11M | 31.40M | -31.40M | 1.13M | -372.00K | 20.34M | 1.52M | -7.00K | 3.87M | 7.35M | 7.94M | 8.33M | 3.15M | 424.00K | 4.41M | 4.94M | 1.58M | 1.72M | 358.29K | 1.16M | 210.74K | 341.74K | 424.68K | -1.12M | 500.00K | 2.10M | 1.10M |
| Net Income | -56.58M | -26.76M | -39.96M | 629.00K | -62.15M | 4.93M | -14.52M | 11.11M | 12.81M | 33.65M | 21.51M | 23.00M | 23.38M | 11.07M | -10.58M | 13.95M | 18.09M | 8.20M | 8.18M | 14.93M | 8.28M | -2.02M | -2.85M | 39.52K | -7.39M | -4.90M | 3.20M | 1.40M |
| Net Income Ratio | -15.77% | -7.74% | -11.83% | 0.21% | -16.28% | 1.22% | -4.02% | 3.41% | 4.03% | 9.84% | 7.37% | 8.41% | 9.20% | 5.77% | -7.16% | 6.67% | 9.44% | 5.38% | 6.51% | 15.39% | 11.53% | -4.36% | -8.11% | 0.10% | -22.34% | -17.82% | 13.62% | 9.59% |
| EPS | -2.99 | -1.46 | -2.20 | 0.04 | -3.58 | 0.29 | -0.87 | 0.67 | 0.74 | 1.95 | 1.26 | 1.36 | 1.42 | 0.69 | -0.66 | 0.84 | 1.17 | 0.57 | 0.58 | 1.08 | 0.68 | -0.17 | -0.26 | 0.00 | -0.67 | -0.46 | 0.41 | 0.20 |
| EPS Diluted | -2.99 | -1.46 | -2.20 | 0.04 | -3.58 | 0.28 | -0.87 | 0.67 | 0.74 | 1.93 | 1.25 | 1.34 | 1.39 | 0.68 | -0.66 | 0.83 | 1.15 | 0.56 | 0.57 | 1.06 | 0.64 | -0.17 | -0.26 | 0.00 | -0.67 | -0.46 | 0.39 | 0.19 |
| Weighted Avg Shares Out | 18.92M | 18.32M | 18.19M | 17.77M | 17.38M | 17.04M | 16.69M | 16.65M | 17.29M | 17.25M | 17.09M | 16.91M | 16.50M | 16.15M | 16.13M | 16.63M | 15.44M | 14.40M | 14.17M | 13.83M | 12.18M | 11.85M | 11.03M | 9.33M | 11.04M | 10.65M | 7.80M | 7.00M |
| Weighted Avg Shares Out (Dil) | 18.92M | 18.32M | 18.19M | 17.93M | 17.38M | 17.35M | 16.71M | 16.68M | 17.39M | 17.42M | 17.24M | 17.13M | 16.87M | 16.37M | 16.13M | 16.73M | 15.72M | 14.56M | 14.44M | 14.02M | 12.85M | 11.85M | 11.03M | 9.33M | 11.04M | 10.65M | 8.21M | 7.37M |
FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript
FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript
FARO Announces Third Quarter Financial Results
Revenue of $82.6 million, at the upper end of guidance range Gross margin of 55.7%; Non-GAAP gross margin 56.1%, above guidance range Loss per share of $(0.02); Non-GAAP earnings per share ("EPS") of $0.21, above guidance range Cash flow from...
FARO to Announce Financial Results for the Third Quarter 2024 on November 6, 2024
LAKE MARY, Fla. , Oct. 23, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, November 6, 2024, it will release its financial results for...
FARO Technologies Appoints Phillip Delnick as Senior Vice President, Global Sales
LAKE MARY, Fla. , Oct. 18, 2024 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the appointment of Phillip Delnick to lead FARO's global sales organization as its SVP, Global Sales, effective October 21,...
FARO Introduces New Range Capabilities in Focus Laser Scanner Update
New FARO Focus Premium Max leads refreshed lineup LAKE MARY, Fla. , Oct. 15, 2024 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO) has launched the next generation in the FARO Focus 3D Laser Scanner portfolio.
FARO Releases New Edition to its Portable CMM Series - FARO Quantum X
New arm series increases accuracy and boosts user confidence LAKE MARY, Fla. , Oct. 8, 2024 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO) has announced the release of the Quantum X FaroArm Series of portable coordinate measurement machines.
FARO Technologies, Inc. (FARO) Q2 2024 Earnings Call Transcript
FARO Technologies, Inc. (NASDAQ:FARO ) Q2 2024 Results Conference Call August 8, 2024 4:30 PM ET Company Participants Michael Funari - Investor Relations Greg Palm - Craig-Hallum Capital Group Peter Lau - President and Chief Executive Officer Matt Horwath -...
FARO Announces Second Quarter Financial Results
Revenue of $82.1 million Gross margin of 54.6%; Non-GAAP gross margin 55.0%, above guidance range Loss per share of $(0.03); Non-GAAP earnings per share ("EPS") of $0.18, above guidance range Cash flow from operations of $4.2 million LAKE MARY, Fla....
FARO to Announce Financial Results for the Second Quarter 2024 on August 8, 2024
LAKE MARY, Fla. , July 26, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Thursday, August 8, 2024, it will release its financial results for...
You've Been Warned! 3 3D Printing Stocks to Buy Now or Regret Forever.
You've come to the right place if you're looking for secular growth stocks. This article explores 3D printing stocks, poised to benefit from an annualized industry growth rate of 23.5% until 2030.
Source: https://incomestatements.info
Category: Stock Reports