Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
FARO Technologies revenue
FARO Technologies's revenue is $342.4 million.
What is FARO Technologies's revenue?
- FARO Technologies's revenue growth from 2010 to 2024 is 78.56%.
- FARO Technologies has 1,432 employees, and the revenue per employee ratio is $239,125.
- FARO Technologies's peak quarterly revenue was $104.1M in 2019(q4).
- FARO Technologies peak revenue was $403.6M in 2018.
- FARO Technologies annual revenue for 2023 was 358.8M, 3.78% growth from 2022.
- FARO Technologies annual revenue for 2024 was 342.4M, -4.57% growth from 2023.
On this page
Zippia finds jobs where you're a top candidate and applies on your behalf.
FARO Technologies historical revenue
FARO Technologies's peak revenue was $403.6M in 2018. The peak quarterly revenue was $104.1M in 2019(q4).
FARO Technologies's revenue increased from $191.8m in 2010 to $342.4M currently. That's a 78.56% change in annual revenue.
FARO Technologies annual revenue
FARO Technologies annual revenue over time
| Fiscal year / year | FARO Technologies revenue |
|---|---|
| 2010 | $191.8M |
| 2011 | $254.2M |
| 2012 | $273.4M |
| 2013 | $291.8M |
| 2014 | $341.8M |
| 2015 | $317.5M |
| 2016 | $325.6M |
| 2017 | $360.9M |
| 2018 | $403.6M |
| 2019 | $381.8M |
| 2020 | $303.8M |
| 2021 | $337.8M |
| 2022 | $345.8M |
| 2023 | $358.8M |
| 2024 | $342.4M |
How accurately did FARO Technologies' revenue projections match actual performance?
FARO Technologies annual growth
FARO Technologies saw the greatest revenue growth in 2011, when revenue increased by 32.53%.
FARO Technologies had the lowest revenue growth in 2020, when revenue changed by -20.43%.
FARO Technologies annual growth rate over time
| Year | FARO Technologies growth |
|---|---|
| 2011 | 33%↑ |
| 2012 | 8%↑ |
| 2013 | 7%↑ |
| 2014 | 17%↑ |
| 2015 | -7%↓ |
| 2016 | 3%↑ |
| 2017 | 11%↑ |
| 2018 | 12%↑ |
| 2019 | -5%↓ |
| 2020 | -20%↓ |
| 2021 | 11%↑ |
| 2022 | 2%↑ |
| 2023 | 4%↑ |
| 2024 | -5%↓ |
FARO Technologies quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
FARO Technologies quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2019 | - | $93.5M | $90.5M | $104.1M |
| 2020 | $79.5M | $60.6M | $70.7M | $93.0M |
| 2021 | $76.3M | $82.1M | $79.2M | $100.2M |
| 2022 | $76.7M | $79.9M | $85.3M | $103.9M |
| 2023 | $85.0M | $88.2M | $86.8M | $98.8M |
| 2024 | $84.2M | $82.1M | $82.6M | $93.5M |
FARO Technologies jobs nearby
Do you work at FARO Technologies?
Is FARO Technologies transparent about its revenue structure?
FARO Technologies financial information
| CEO | Iain Torrens |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 1,432 |
| Date Founded | 1981 |
| Headquarters | Lake Mary, Florida |
| Number of Locations | 2 |
| Revenue | $342.4M |
| Net Income | -$26,756,000 |
| Gross Proft | $187.2M (2024) |
| EBITDA | $22.1M (2017) |
| PE Ratio | -95.46 |
| Tax Rate | -8.7% |
| Market Capitalization | $865.5M |
| Total Assets | $473,347,000 |
| Ticker | FARO |
FARO Technologies jobs you might like
FARO Technologies competitors
FARO Technologies's top competitor, Spectralink, earned an annual revenue of $170.0M.
FARO Technologies's smallest competitor is Osmonics with revenue of $600.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| SupplyPro | $76,578 | $26.0M | 350 | - |
| UTC RETAIL | $74,874 | $15.0M | 175 | - |
| Netlist | $77,963 | $147.1M | 150 | 3 |
| Datacolor | $93,568 | $800,000 | 50 | 2 |
| Wintek | $110,638 | $17.0M | 148 | - |
| Spectralink | $85,053 | $170.0M | 422 | - |
| Citizen America | $84,778 | $820,000 | 50 | 4 |
| Climax Portable Machining & Welding Systems | $84,323 | $86.4M | 50 | 2 |
| Osmonics | $84,305 | $600,000 | 25 | - |
Search for jobs
Related company revenues
Working at related companies
Related company jobs
FARO Technologies highest paying jobs
Zippia gives an in-depth look into the details of FARO Technologies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about FARO Technologies. The employee data is based on information from people who have self-reported their past or current employments at FARO Technologies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by FARO Technologies. The data presented on this page does not represent the view of FARO Technologies and its employees or that of Zippia.
FARO Technologies may also be known as or be related to FARO TECHNOLOGIES INC, FARO Technologies, FARO Technologies Inc, FARO Technologies, Inc., Faro Technologies and Faro Technologies Inc.