FARO Technologies
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. FARO Technologies's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $358,831,000. Profit margin reached -16%. Total operating expenses were $199,142,000.
Profit Margin
| 2014 | 341.82M | 33.64M | 9.84% |
|---|---|---|---|
| 2015 | 317.54M | 12.81M | 4.03% |
| 2016 | 325.58M | 11.10M | 3.41% |
| 2017 | 360.91M | -14.51M | -4.02% |
| 2018 | 403.62M | 4.93M | 1.22% |
| 2019 | 381.76M | -62.14M | -16.28% |
| 2020 | 303.76M | 629K | 0.21% |
| 2021 | 337.81M | -39.96M | -11.83% |
| 2022 | 345.76M | -26.75M | -7.74% |
| 2023 | 358.83M | -56.57M | -15.77% |
FARO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 358.83M | 345.76M | 337.81M | 303.76M | 381.76M | 403.62M | 360.91M | 325.58M | 317.54M | 341.82M |
Cost of revenue | 193.83M | 170.00M | 153.88M | 143.92M | 183.63M | 175.28M | 156.28M | 147.62M | 149.87M | 152.91M |
Gross profit | 164.99M | 175.76M | 183.92M | 159.84M | 198.13M | 228.34M | 204.63M | 177.96M | 167.67M | 188.91M |
Operating exp. | ||||||||||
Research and development | 41.80M | 49.41M | 48.76M | 42.89M | 44.17M | 39.70M | 35.37M | 30.12M | 26.55M | 27.51M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 116.92M | 103.54M | 79.87M | 79.30M | 80.15M |
Total operating expenses | 199.14M | 196.07M | 184.99M | 174.72M | 221.55M | 222.59M | 199.31M | 164.67M | 154.55M | 151.57M |
Operating income | -49.53M | -20.30M | -1.13M | -14.87M | -23.42M | 5.75M | 5.32M | 13.28M | 13.12M | 37.34M |
Other income (expenses), net | -4.52M | -1.34M | -7.42M | -91K | -37.59M | -1.13M | 505K | -822K | -316K | 182K |
Income before tax | -54.06M | -21.65M | -8.56M | -30.77M | -61.01M | 4.55M | 5.82M | 12.62M | 12.80M | 37.52M |
Income tax expense | 2.51M | 5.10M | 31.40M | -31.40M | 1.13M | -372K | 20.34M | 1.51M | -7K | 3.87M |
Net income | -56.57M | -26.75M | -39.96M | 629K | -62.14M | 4.93M | -14.51M | 11.10M | 12.81M | 33.64M |
Earnings per share | ||||||||||
Basic EPS | -2.99 | -1.46 | -2.2 | 0.03 | -3.58 | 0.29 | -0.87 | 0.67 | 0.74 | 1.95 |
Diluted EPS | -2.99 | -1.46 | -2.2 | 0.03 | -3.58 | 0.28 | -0.87 | 0.67 | 0.74 | 1.93 |
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