FARO Technologies Overview
- Year Founded
-
1981
- Status
-
Public
- Employees
-
2,006
- Stock Symbol
-
FARO
- Investments
-
19
- Share Price
-
$42.11
- (As of Tuesday Closing)
FARO Technologies General Information
Description
Faro Technologies Inc is a technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
Contact Information
Website
www.faro.comCorporate Office
- 125 Technology Park
- Lake Mary, FL 32746
- United States
Corporate Office
- 125 Technology Park
- Lake Mary, FL 32746
- United States
FARO Technologies Stock Performance
As of 20-May-2025, FARO Technologies’s stock price is $42.11. Its current market cap is $810M with 19.2M shares.
(As of Tuesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $42.11 | $42.10 | $13.52 - $42.64 | $810M | 19.2M | 601K | -$0.05 |
FARO Technologies Financials Summary
As of 31-Mar-2025, FARO Technologies has a trailing 12-month revenue of $341M.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 508,295 | 480,983 | 436,477 | 523,656 |
| Revenue | 341,046 | 342,427 | 358,831 | 345,765 |
| EBITDA | 27,627 | 18,439 | (35,212) | (7,574) |
| Net Income | (893) | (9,066) | (56,577) | (26,756) |
| Total Assets | 495,029 | 483,005 | 504,692 | 473,347 |
| Total Debt | 92,064 | 88,797 | 89,031 | 20,358 |
FARO Technologies Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
FARO Technologies Comparisons
Industry
Financing
Details
FARO Technologies Competitors (42)
One of FARO Technologies’s 42 competitors is Matterport, a Formerly VC-backed company based in Sunnyvale, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Matterport | Formerly VC-backed | Sunnyvale, CA | ||||
| Stemmer Imaging | Private Equity-Backed | Puchheim, Germany | ||||
| Renishaw | Corporation | Wotton-under-Edge, United Kingdom | ||||
| Cognex | Formerly VC-backed | Natick, MA | ||||
| Altair Engineering (Business/Productivity Software) | Formerly VC-backed | Troy, MI |
FARO Technologies Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
FARO Technologies Patents
FARO Technologies Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250157153-A1 | Method and apparatus for removing unwanted points from point clouds | Pending | 20-Oct-2023 | ||
| US-12299932-B2 | Compensation of three-dimensional measuring instrument having an autofocus camera | Active | 18-Sep-2023 | ||
| US-20250028052-A1 | Measuring the position of a mirror surface in point clouds captured by a scanner | Pending | 20-Jul-2023 | ||
| US-20250003749-A1 | Virtual mirror graphical representation for predictive collision analysis | Pending | 28-Jun-2023 | ||
| US-20240346630-A1 | Image acquisition for three-dimensional (3d) coordinate measurement devices | Pending | 12-Apr-2023 | G06T3/4053 |
FARO Technologies Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
FARO Technologies Investments & Acquisitions (19)
FARO Technologies’s most recent deal was a Later Stage VC with Bluwhale for . The deal was made on 28-Jan-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Bluwhale | 28-Jan-2025 | Later Stage VC | Multimedia and Design Software | ||
| SiteScape (Multimedia and Design Software) | 01-Dec-2022 | Merger/Acquisition | Multimedia and Design Software | ||
| GeoSLAM | 01-Sep-2022 | Merger/Acquisition | Electronic Equipment and Instruments | ||
| HoloBuilder | 04-Jun-2021 | Merger/Acquisition | Business/Productivity Software | ||
| Advanced Technical Solutions | 21-Aug-2020 | Merger/Acquisition | Electronic Equipment and Instruments |
FARO Technologies ESG
Risk Overview
Risk Rating
Updated December, 03, 2024
15.73 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,631
Rank
Percentile
Technology Hardware
Industry
of 615
Rank
Percentile
Electronics Equipment
Subindustry
of 126
Rank
Percentile
FARO Technologies Affiliates
Subsidiaries (5)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| SiteScape (Multimedia and Design Software) | New York, NY | 2020 | |
| Dustin Forensics | Adairsville, GA | 2014 | |
| HoloBuilder | Lake Mary, FL | 2012 | |
| Lanmark Controls | Cranberry Township, PA | 2005 | |
| Advanced Technical Solutions | Molndal, Sweden | 1990 |
FARO Technologies FAQs
-
When was FARO Technologies founded?
FARO Technologies was founded in 1981.
-
Where is FARO Technologies headquartered?
FARO Technologies is headquartered in Lake Mary, FL.
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What is the size of FARO Technologies?
FARO Technologies has 2,006 total employees.
-
What industry is FARO Technologies in?
FARO Technologies’s primary industry is Other Hardware.
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Is FARO Technologies a private or public company?
FARO Technologies is a Public company.
-
What is FARO Technologies’s stock symbol?
The ticker symbol for FARO Technologies is FARO.
-
What is the current stock price of FARO Technologies?
As of 20-May-2025 the stock price of FARO Technologies is $42.11.
-
What is the current market cap of FARO Technologies?
The current market capitalization of FARO Technologies is $810M.
-
What is FARO Technologies’s current revenue?
The trailing twelve month revenue for FARO Technologies is $341M.
-
Who are FARO Technologies’s competitors?
Matterport, Stemmer Imaging, Renishaw, Cognex, and Altair Engineering (Business/Productivity Software) are some of the 42 competitors of FARO Technologies.
-
What is FARO Technologies’s annual earnings per share (EPS)?
FARO Technologies’s EPS for 12 months was -$0.05.
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