One plan - full access

No subscription, no auto-renewal, no hidden terms.
Pay once and use it for 30 days.

PRO plan No auto-renewal
$18

30 days of full access
One-time payment

🌐 US & Global Companies
Get access for 30 days →
♧ Secure payment · Instant access

What is included

  • ✓Full access to detailed company analysis
  • ✓Fundamental screener
  • ✓Advanced stock screener filters
  • ✓5 ratings. Separate lists for US & Global Companies and MOEX
  • ✓Company data export in XLSX and CSV
  • ✓MarketCap’s overall ranking of top companies
  • ✓Analytics updates after each new financial report
⚠ The service is not an investment advisor. Financial statement data from public companies is available to everyone - MarketCap structures and analyzes it.
FARO Technologies logo
FARO Technologies FARO
report update icon

Quarterly report 2025-Q1
added 05-30-2026

FARO Technologies Income Statement 2024-2008 | FARO

Brief overview of financial results at FARO Technologies

The figures are compared over a five-year interval. According to figures from FARO Technologies, revenue changed from $382 million to $342 million over five years. Across the full period, sales moved by −10.3%; the average annual rate was −2.2%. The business finished the period with a smaller revenue base.

At the gross-profit level, the result moved from 198 million dollars to 187 million dollars, a change of −5.5%. The cost base moved more slowly than the top line, which supported margins. The gross margin was 51.9% at the start and 54.7% at the end. The business retained more gross profit from each unit of revenue.

The operating result measured by EBITDA moved from −$4.9 million to $19.1 million, or +488.7%. Operating profitability strengthened faster than the scale of sales. The EBITDA share of revenue changed from −1.3% to 5.6%. The business generated more EBITDA from each unit of revenue.

The net financial result changed from −$62.1 million to −$9.1 million. Losses became smaller, but the business remains unprofitable.

The five-year change in capitalization reached −42.6%: from 904 million dollars to 519 million dollars. The market has not yet confirmed the improvement in fundamentals.

Overall conclusion

The figures do not all move in the same direction. The strongest signals are better sales economics, improving net profitability and positive operating leverage. The most visible risks are lower investor confidence and a softer top-line trend. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.

Annual Income Statement FARO Technologies

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

519 M 513 M 532 M 996 M 1.66 B 904 M 713 M 900 M 612 M 444 M 955 M 897 M 554 M 911 M - - -

Shares

19.2 M 18.9 M 18.3 M 18.2 M 17.8 M 17.4 M 17 M 16.7 M 16.7 M 17.3 M 17.2 M 17.1 M 16.9 M 16.5 M 16.2 M 16.1 M -

Historical Prices

27.1 27.1 29 54.7 93.5 57.2 45.8 59.4 34.5 32 60 57.5 42.4 55.5 - - -

Net Income

-9.07 M -56.6 M -26.8 M -40 M 629 K -62.1 M 4.93 M -14.5 M 11.1 M 12.8 M 33.6 M 21.5 M 23 M 23.4 M 11.1 M -10.6 M -

Revenue

342 M 359 M 346 M 338 M 304 M 382 M 404 M 361 M 326 M 318 M 342 M 292 M 273 M 254 M - - -

Cost of Revenue

155 M 194 M 170 M 154 M 144 M 184 M 182 M 156 M 148 M 150 M 153 M 130 M 124 M 110 M 78.4 M 67 M -

Gross Profit

187 M 165 M 176 M 184 M 160 M 198 M 228 M 205 M 178 M 168 M 189 M 162 M 150 M 144 M 113 M 80.7 M -

Operating Income

3.33 M -49.5 M -24.9 M -8.44 M -30.7 M -58.6 M 5.75 M 5.32 M 13.3 M 13.1 M 37.3 M 30.2 M 31.6 M 32.9 M 16.9 M -11 M -

Interest Expense

- - - 490 K 1.25 M 781 K 486 K 4 K 48 K 56 K 8 K 9 K 28 K 37 K 34 K 14 K -

EBITDA

19.1 M -34.2 M -10.9 M 4.96 M -16.4 M -4.9 M 24.1 M 21.9 M 27.2 M 24.3 M 44.8 M 37.2 M 38.5 M 39.6 M 23.3 M -5.46 M -

Operating Expenses

184 M 215 M 201 M 192 M 191 M 222 M 223 M 199 M 165 M 155 M 152 M 132 M 118 M 111 M 96.5 M 91.7 M -

General and Administrative Expenses

141 M 157 M 147 M 136 M 132 M - 47.7 M 43.8 M 40.8 M 37.5 M 36.5 M 30.6 M 29.1 M 26.8 M 26.8 M 25 M -

All numbers in USD currency

Quarterly Income Statement FARO Technologies

2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

19.1 M 19 M 19.3 M 19.3 M 19 M 19 M 19 M 18.9 M 18.8 M 18.8 M 18.4 M 18.3 M 18.2 M 18.2 M 18.2 M 18.2 M 18.1 M 18 M 17.8 M 17.7 M 17.6 M 17.6 M 17.4 M 17.3 M 17.3 M 17.3 M 17.1 M 17 M 16.8 M 16.8 M 16.7 M 16.7 M 16.7 M 16.7 M 16.7 M 16.7 M 16.6 M 16.6 M 17.4 M 17.4 M 17.3 M 17.3 M 17.3 M 17.2 M 17.2 M 17.2 M 17.1 M 17.1 M 17 M 17 M 16.9 M 16.9 M 16.8 M 16.7 M 16.6 M 16.4 M 16.3 M

Net Income

906 K - -289 K -524 K -7.27 M - -8.76 M -28.2 M -21.2 M - -6.26 M -8.57 M -9.69 M -31.7 M -3.86 M -1.18 M -3.22 M 27.4 M -3.02 M -8.93 M -14.8 M -49.7 M -6.2 M -6.4 M 152 K 5.76 M -2.49 M 1.2 M 455 K -11.1 M 1.63 M -3.62 M -1.46 M 3.54 M 1.09 M 3.39 M 3.08 M 8.88 M -884 K 4.15 M 664 K 11.1 M 11.2 M 6.33 M 4.98 M 8.26 M 5.04 M 3.63 M 4.57 M 7.84 M 3.67 M 4.73 M 6.75 M 9.47 M 6.43 M 4.23 M 3.24 M

Revenue

82.9 M - 82.6 M 82.1 M 84.2 M - 86.8 M 88.2 M 85 M - 85.3 M 79.9 M 76.7 M 100 M 79.2 M 82.1 M 76.3 M 93 M 70.7 M 60.6 M 79.5 M 104 M 90.5 M 93.5 M 93.6 M 113 M 99.7 M 98.2 M 92.8 M 106 M 90.2 M 82.7 M 81.6 M 91.7 M 79.6 M 78.5 M 75.7 M 91.3 M 72.5 M 83.8 M 69.9 M 104 M 82.2 M 82.1 M 73.4 M 89.9 M 68.2 M 68.3 M 65.4 M 80.7 M 60.7 M 66.8 M 65.2 M 77.1 M 64.8 M 59.7 M 52.6 M

Cost of Revenue

35.6 M - 36.6 M 37.3 M 40.9 M - 45.1 M 54.9 M 45.3 M - 42.1 M 39.5 M 35.6 M - 36.8 M 36.6 M 35.9 M - 34.4 M 31.7 M 35.6 M - 39.7 M 42.8 M 40.6 M - 49.1 M 40.6 M 39 M - 38.2 M 35.9 M 37.8 M - 36.9 M 34.6 M 33.1 M - 37.6 M 39.2 M 30.3 M - 36.2 M 36.5 M 33.3 M - 29.4 M 31.4 M 28.5 M - 28.4 M 29.7 M 28 M - 28.4 M 26.2 M 22.3 M

Gross Profit

47.2 M - 46 M 44.8 M 43.3 M - 41.7 M 33.3 M 39.7 M - 43.3 M 40.4 M 41 M 55.7 M 42.3 M 45.5 M 40.4 M 50.8 M 36.3 M 28.9 M 43.9 M 43.6 M 50.8 M 50.7 M 53 M 62.8 M 50.6 M 56 M 52.1 M 62.1 M 52 M 46.8 M 43.7 M 48.7 M 42.7 M 43.9 M 42.7 M 48.5 M 34.8 M 44.4 M 39.5 M 57.3 M 46 M 45.5 M 40.1 M 49.3 M 38.8 M 36.9 M 36.8 M 43.1 M 32.3 M 37.1 M 37.2 M 43.5 M 36.4 M 33.5 M 30.3 M

Operating Income

3.81 M - 2.16 M 1.75 M -5.31 M - -6.93 M -25.4 M -18.6 M - -7.13 M -8.96 M -7.19 M - -5.21 M -651 K -6.44 M - -4.86 M -12 M -16.6 M - -5.89 M -4.89 M 358 K - -2.71 M 1.93 M 693 K - 2.35 M -4.17 M -2.01 M - 841 K 4.5 M 4.33 M - -922 K 5.42 M 1.86 M - 8.99 M 8.41 M 6.96 M - 7.6 M 5.49 M 5.7 M - 5.02 M 6.87 M 8.43 M - 9.97 M 5.75 M 4.28 M

Interest Expense

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -7 K - - - 5 K 1 K - - 2 K - 1 K - 2 K 7 K 13 K - 2 K 2 K 29 K

EBITDA

8.03 M - 4.36 M 3.85 M -1.69 M - -5.03 M -23.4 M -14.2 M - 2.93 M -8.96 M -4.18 M - 4.35 M -651 K -3.25 M - 5.77 M -4.75 M -12.8 M - 8.31 M -4.89 M 358 K - -2.71 M 6.3 M 5.04 M - 6.72 M -184 K 1.71 M - 4.22 M 7.76 M 7.42 M - 1.87 M 8.16 M 4.35 M - 10.8 M 10.3 M 8.81 M - 9.3 M 7.22 M 7.54 M - 6.82 M 8.56 M 10.1 M - 11.7 M 7.48 M 5.9 M

Operating Expenses

43.4 M - 43.8 M 43 M 48.6 M - 48.6 M 58.7 M 58.3 M - 50.4 M 49.4 M 48.2 M - 47.5 M 46.1 M 46.8 M - 41.2 M 40.9 M 60.4 M - 56.7 M 55.6 M 52.7 M - 53.3 M 55.8 M 53.1 M - 49.7 M 50.9 M 45.8 M - 41.8 M 39.4 M 38.3 M - 35.8 M 39.1 M 37.8 M - 37 M 37.1 M 33.1 M - 31.2 M 31.4 M 31.1 M - 27.3 M 30.2 M 28.8 M - 26.4 M 27.8 M 26 M

General and Administrative Expenses

33.8 M - 34 M 32.6 M 39.6 M - 38 M 38.6 M 41.4 M - 37.2 M 36 M 35.5 M - 33.4 M 33.6 M 33.3 M - 30.2 M 30 M 36.3 M - - - - - 13.1 M 11.3 M 11.1 M - 10.3 M 11.9 M 10.7 M - 10.7 M 10.2 M 10.2 M - 8.24 M 9.07 M 9.8 M - 8.83 M 8.87 M 8.41 M - 7.28 M 7.83 M 7.52 M - 7.27 M 8.13 M 6.63 M - 6.42 M 6.92 M 6.59 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company FARO Technologies (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Scientific technical instruments industry

Issuer Price % 24h Market Cap Country
MicroVision MicroVision
MVIS
$ 1.13 0.99 % $ 309 M usaUSA
Vishay Precision Group Vishay Precision Group
VPG
$ 60.4 0.75 % $ 801 M usaUSA
Velodyne Lidar Velodyne Lidar
VLDR
- - $ 300 M usaUSA
ESCO Technologies ESCO Technologies
ESE
$ 249.12 0.09 % $ 6.43 B usaUSA
Genasys Genasys
GNSS
$ 1.33 3.1 % $ 59.9 M usaUSA
Garmin Ltd. Garmin Ltd.
GRMN
$ 284.79 0.22 % $ 54.8 B schweizSchweiz
Luna Innovations Incorporated Luna Innovations Incorporated
LUNA
- -58.85 % $ 27.4 M usaUSA
Bonso Electronics International Bonso Electronics International
BNSO
- -5.08 % $ 5.44 M chinaChina
CyberOptics Corporation CyberOptics Corporation
CYBE
- - $ 401 M usaUSA
MIND Technology MIND Technology
MIND
$ 4.31 0.7 % $ 35.6 M usaUSA
MKS Instruments MKS Instruments
MKSI
$ 214.83 1.58 % $ 14.5 B usaUSA
Cognex Corporation Cognex Corporation
CGNX
$ 53.99 0.18 % $ 9.07 B usaUSA
Schmitt Industries Schmitt Industries
SMIT
- 10.39 % $ 1.62 M usaUSA
Teledyne Technologies Incorporated Teledyne Technologies Incorporated
TDY
$ 618.6 0.01 % $ 29 B usaUSA
Itron Itron
ITRI
$ 83.04 0.41 % $ 3.78 B usaUSA
Energous Corporation Energous Corporation
WATT
$ 8.57 1.17 % $ 12.7 M usaUSA
FLIR Systems, Inc. FLIR Systems, Inc.
FLIR
- - $ 7.56 B usaUSA
Fortive Corporation Fortive Corporation
FTV
$ 57.79 0.02 % $ 19.2 B usaUSA
Mesa Laboratories Mesa Laboratories
MLAB
$ 122.48 0.27 % $ 675 M usaUSA
Novanta Novanta
NOVT
$ 128.79 0.27 % $ 4.71 B usaUSA
Keysight Technologies Keysight Technologies
KEYS
$ 331.21 2.16 % $ 57 B usaUSA
Vontier Corporation Vontier Corporation
VNT
$ 33.34 0.12 % $ 4.89 B usaUSA
Sensata Technologies Holding plc Sensata Technologies Holding plc
ST
$ 40.58 0.36 % $ 5.94 B niderlandNiderland
Trimble Trimble
TRMB
$ 59.46 0.54 % $ 14.2 B usaUSA
Image Sensing Systems, Inc. Image Sensing Systems, Inc.
ISNS
- 2.38 % $ 34.5 M usaUSA
MTS Systems Corporation MTS Systems Corporation
MTSC
- - $ 1.14 B usaUSA
Electro-Sensors Electro-Sensors
ELSE
$ 7.74 - $ 26.8 M usaUSA