FARO Technologies, Inc. (FARO)

FARO Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	341.05	342.43	358.83	345.77	337.81	303.77
Revenue Growth (YoY)	-4.76%	-4.57%	3.78%	2.35%	11.21%	-20.43%
Cost of Revenue	149.96	155.27	184.49	170	153.89	143.92
Gross Profit	191.08	187.15	174.34	175.76	183.93	159.85
Selling, General & Admin	134.81	140.58	157.34	146.66	136.23	131.83
Research & Development	40.52	40.06	41.81	49.42	48.76	42.9
Operating Expenses	175.33	180.64	199.14	196.07	185	174.72
Operating Income	15.76	6.51	-24.8	-20.31	-1.07	-14.88
Interest Expense	-3.61	-3.55	-3.35	-	-0.06	-
Interest & Investment Income	-	-	-	0.04	-	0.34
Currency Exchange Gain (Loss)	-	-	-	-	-	-1.68
Other Non Operating Income (Expenses)	-1.45	-1.01	-1.18	3.24	-0.07	1.25
EBT Excluding Unusual Items	10.7	1.95	-29.33	-17.04	-1.19	-14.97
Merger & Restructuring Charges	-3.3	-3.18	-24.73	-4.61	-7.37	-15.81
Other Unusual Items	0.3	0.3	-	-	-	-
Pretax Income	7.69	-0.93	-54.06	-21.65	-8.56	-30.77
Income Tax Expense	8.58	8.13	2.52	5.11	31.4	-31.4
Net Income	-0.89	-9.07	-56.58	-26.76	-39.96	0.63
Net Income to Common	-0.89	-9.07	-56.58	-26.76	-39.96	0.63
Shares Outstanding (Basic)	19	19	19	18	18	18
Shares Outstanding (Diluted)	19	19	19	18	18	18
Shares Change (YoY)	0.94%	1.24%	3.27%	0.72%	1.46%	3.12%
EPS (Basic)	-0.05	-0.47	-2.99	-1.46	-2.20	0.04
EPS (Diluted)	-0.05	-0.47	-2.99	-1.46	-2.20	0.04
Free Cash Flow	23.22	24.79	-5.74	-31.23	-20.51	16.62
Free Cash Flow Per Share	1.21	1.29	-0.30	-1.71	-1.13	0.93
Gross Margin	56.03%	54.66%	48.59%	50.83%	54.45%	52.62%
Operating Margin	4.62%	1.90%	-6.91%	-5.87%	-0.32%	-4.90%
Profit Margin	-0.26%	-2.65%	-15.77%	-7.74%	-11.83%	0.21%
Free Cash Flow Margin	6.81%	7.24%	-1.60%	-9.03%	-6.07%	5.47%
EBITDA	32.09	22.25	-9.43	-6.33	12.33	-0.64
EBITDA Margin	9.41%	6.50%	-2.63%	-1.83%	3.65%	-0.21%
D&A For EBITDA	16.33	15.74	15.38	13.98	13.4	14.24
EBIT	15.76	6.51	-24.8	-20.31	-1.07	-14.88
EBIT Margin	4.62%	1.90%	-6.91%	-5.87%	-0.32%	-4.90%
Effective Tax Rate	111.61%	-	-	-	-	-
Revenue as Reported	341.05	342.43	358.83	345.77	337.81	303.77

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q