FARO Technologies, Inc. (FARO) — Financial statements
Income statement, balance sheet, and cash flow for FARO Technologies, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 342↓4.6% | 359↑3.8% | 346↑2.4% | 338↑11.2% | 304 | |
| Cost of Revenue | 155↓19.9% | 194↑14.0% | 170↑10.5% | 154↑6.9% | 144 | |
| Gross Profit | 187↑13.4% | 165↓6.1% | 176↓4.4% | 184↑15.1% | 160 | |
| Operating Expenses | ||||||
| R&D Expenses | 40↓4.2% | 42↓15.4% | 49↑1.3% | 49↑13.7% | 43 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 141↓10.6% | 157↑7.3% | 147↑7.7% | 136↑3.3% | 132 | |
| Other Expenses | 0.00↓100.0% | 15 | 0.00↑100.0% | -0.07↑83.8% | -0.43 | |
| Operating Expenses | 181↓15.8% | 215↑9.4% | 196↑6.0% | 185↑5.9% | 175 | |
| Total Costs & Expenses | 336↓17.7% | 408↑11.6% | 366↑8.0% | 339↑6.4% | 319 | |
| Operating Results | ||||||
| Operating Income | 3↑106.7% | -50↓143.9% | -20↓1684.6% | -1↑92.4% | -15 | |
| Depreciation & Amortization | 16↑2.3% | 15↑9.1% | 14↑3.0% | 14↓5.9% | 15 | |
| EBITDA | 18↑152.1% | -35↓366.4% | -8↓245.7% | 5↑132.0% | -16 | |
| EBIT | 3↑105.2% | -51↓149.7% | -20↓138.8% | -9↑72.4% | -31 | |
| Interest & Other Income | ||||||
| Net Interest Income | -4↓6.1% | -3↓9400.0% | 0.04↑165.5% | -0.06↓116.2% | 0.34 | |
| Interest Income | 0.00 | 0.00↓100.0% | 0.04 | 0.00↓100.0% | 0.34 | |
| Interest Expense | 4↑6.1% | 3 | 0.00↓100.0% | 0.06 | 0.00 | |
| Non-Operating Income | 0.71↓39.6% | 1↑125.5% | -5↓6691.4% | 0.07↓23.1% | 0.09 | |
| Other Income / Expenses | -4↑5.8% | -5↓238.3% | 3↑2717.6% | -0.13↓37.4% | -0.09 | |
| Income Before Tax | -0.93↑98.3% | -54↓149.7% | -22↓152.9% | -9↑72.2% | -31 | |
| Income Tax Expense | 8↑223.3% | 3↓50.7% | 5↓83.7% | 31↑200.0% | -31 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -9↑84.0% | -57↓111.5% | -27↑33.0% | -40↓6453.6% | 0.63 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -9↑84.0% | -57↓111.5% | -27↑33.0% | -40↓6453.6% | 0.63 | |
| Bottom-Line Net Income | -9↑84.0% | -57↓111.5% | -27↑33.0% | -40↓6453.6% | 0.63 | |
| EPS (Basic) | -0.47↑84.3% | -2.99↓104.8% | -1.46↑33.6% | -2.20↓6314.7% | 0.04 | |
| EPS (Diluted) | -0.47↑84.3% | -2.99↓104.8% | -1.46↑33.6% | -2.20↓6367.8% | 0.04 | |
| Weighted Average Shares | 19↑1.2% | 19↑3.3% | 18↑0.7% | 18↑2.4% | 18 | |
| Weighted Average Diluted Shares | 19↑1.2% | 19↑3.3% | 18↑0.7% | 18↑1.5% | 18 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.