FARO Technologies (FARO) Financials

$43.78 0.00 (0.00%)

Closing price 06/18/2025 04:00 PM Eastern

Extended Trading

$43.72 -0.06 (-0.13%)

As of 06/18/2025 04:16 PM Eastern

Annual Income Statements for FARO Technologies

This table shows FARO Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	34	13	11	-15	4.93	-62	0.63	-40	-27	-57	-9.07
Consolidated Net Income / (Loss)	34	13	11	-15	4.93	-62	0.63	-40	-27	-57	-9.07
Net Income / (Loss) Continuing Operations	34	13	11	-15	4.93	-62	0.63	-40	-27	-57	-9.07
Total Pre-Tax Income	38	13	13	5.83	4.56	-61	-31	-8.56	-22	-54	-0.93
Total Operating Income	37	13	13	5.32	5.75	-59	-31	-8.44	-25	-50	3.33
Total Gross Profit	189	167	178	199	222	198	160	184	176	165	187
Total Revenue	342	318	326	361	404	382	304	338	346	359	342
Operating Revenue	342	318	326	361	404	382	304	338	346	359	342
Total Cost of Revenue	153	150	148	162	182	184	144	154	170	194	155
Operating Cost of Revenue	153	150	148	162	182	184	144	154	170	194	155
Total Operating Expenses	151	154	165	193	216	257	191	192	201	215	184
Selling, General & Admin Expense	35	36	41	152	170	177	132	136	147	157	141
Research & Development Expense	28	27	30	41	46	44	43	49	49	42	40
Restructuring Charge	-	-	-	-	0.00	0.00	16	7.37	4.61	15	3.18
Total Other Income / (Expense), net	0.18	-0.32	-0.66	0.51	-1.20	-2.38	-0.09	-0.13	3.27	-4.53	-4.26
Interest & Investment Income	0.10	0.11	0.21	0.32	0.43	0.71	0.34	-0.06	0.04	-3.35	-3.55
Other Income / (Expense), net	0.09	-0.37	-0.82	0.19	-1.14	-2.31	-0.43	-0.07	3.24	-1.18	-0.71
Income Tax Expense	3.87	-0.01	1.52	20	-0.37	1.13	-31	31	5.11	2.52	8.13
Basic Earnings per Share	$1.95	$0.74	$0.67	($0.87)	$0.29	($3.58)	$0.04	($2.20)	($1.46)	($2.99)	($0.47)
Weighted Average Basic Shares Outstanding	17.25M	17.29M	16.65M	16.71M	17.04M	17.38M	17.77M	18.19M	18.32M	18.92M	19.15M
Diluted Earnings per Share	$1.93	$0.74	$0.67	($0.87)	$0.29	($3.58)	$0.04	($2.20)	($1.46)	($2.99)	($0.47)
Weighted Average Diluted Shares Outstanding	17.42M	17.39M	16.68M	16.71M	17.35M	17.38M	17.93M	18.19M	18.32M	18.92M	19.15M
Weighted Average Basic & Diluted Shares Outstanding	17.30M	17.30M	16.60M	16.70M	17M	17.60M	18.02M	18.21M	18.78M	18.97M	18.98M

This table shows FARO Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-6.26	-2.23	-21	-28	-8.76	1.59	-7.27	-0.52	-0.29	-0.99	0.91
Consolidated Net Income / (Loss)	-6.26	-2.23	-21	-28	-8.76	1.59	-7.27	-0.52	-0.29	-0.99	0.91
Net Income / (Loss) Continuing Operations	-6.26	-2.23	-21	-28	-8.76	1.59	-7.27	-0.52	-0.29	-0.99	0.91
Total Pre-Tax Income	-5.68	-1.48	-19	-27	-7.24	-0.77	-6.17	1.03	0.97	3.23	2.46
Total Operating Income	-7.13	-1.65	-19	-25	-6.93	1.36	-5.31	1.75	2.16	4.73	3.81
Total Gross Profit	43	51	40	33	42	50	43	45	46	53	47
Total Revenue	85	104	85	88	87	99	84	82	83	94	83
Operating Revenue	85	104	85	88	87	99	84	82	83	94	83
Total Cost of Revenue	42	53	45	55	45	49	41	37	37	40	36
Operating Cost of Revenue	42	53	45	55	45	49	41	37	37	40	36
Total Operating Expenses	50	53	58	59	49	49	49	43	44	48	43
Selling, General & Admin Expense	37	38	41	39	38	39	40	33	34	34	34
Research & Development Expense	13	13	13	12	8.19	9.24	9.02	9.83	9.77	11	9.49
Restructuring Charge	0.58	2.10	4.24	8.45	2.44	0.26	0.00	0.62	0.00	2.57	0.12
Total Other Income / (Expense), net	1.45	0.17	-0.62	-1.48	-0.31	-2.12	-0.86	-0.72	-1.20	-1.49	-1.36
Interest & Investment Income	0.02	0.01	-0.84	-1.00	-0.69	-0.82	-0.83	-0.76	-1.02	-0.94	-0.89
Other Income / (Expense), net	1.43	0.16	0.22	-0.48	0.38	-1.30	-0.03	0.04	-0.18	-0.56	-0.47
Income Tax Expense	0.59	0.75	1.93	1.42	1.52	-2.35	1.10	1.56	1.26	4.22	1.55
Basic Earnings per Share	($0.34)	($0.12)	($1.12)	($1.49)	($0.46)	$0.08	($0.38)	($0.03)	($0.02)	($0.04)	$0.05
Weighted Average Basic Shares Outstanding	18.44M	18.32M	18.82M	18.92M	18.95M	18.92M	19.05M	19.29M	19.27M	19.15M	19.05M
Diluted Earnings per Share	($0.34)	($0.12)	($1.12)	($1.49)	($0.46)	$0.08	($0.38)	($0.03)	($0.02)	($0.04)	$0.05
Weighted Average Diluted Shares Outstanding	18.44M	18.32M	18.82M	18.92M	18.95M	18.92M	19.05M	19.29M	19.27M	19.15M	19.73M
Weighted Average Basic & Diluted Shares Outstanding	18.78M	18.78M	18.90M	18.95M	18.95M	18.97M	19.21M	19.50M	18.92M	18.98M	19.23M

This table details how cash moves in and out of FARO Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-15	-1.93	-1.19	35	-32	25	52	-64	-84	39	12
Net Cash From Operating Activities	5.66	28	38	10	6.32	32	21	-13	-25	1.08	31
Net Cash From Continuing Operating Activities	5.66	28	39	10	6.32	32	21	-13	-25	1.08	31
Net Income / (Loss) Continuing Operations	34	13	11	-15	4.93	-62	0.63	-40	-27	-57	-9.07
Consolidated Net Income / (Loss)	34	13	11	-15	4.93	-62	0.63	-40	-27	-57	-9.07
Depreciation Expense	7.43	11	14	17	18	19	14	13	14	15	16
Amortization Expense	-	-	-	-	-	-	-	0.00	0.00	0.45	0.51
Non-Cash Adjustments To Reconcile Net Income	7.48	16	11	9.01	14	76	9.39	14	12	37	20
Changes in Operating Assets and Liabilities, net	-43	-12	2.74	-0.72	-31	-0.32	-2.86	-1.06	-24	5.03	3.75
Net Cash From Investing Activities	-21	-6.37	-37	15	-56	-9.34	14	-46	-50	-33	-3.19
Net Cash From Continuing Investing Activities	-21	-6.37	-37	15	-56	-9.34	14	-46	-50	-33	-3.19
Purchase of Property, Plant & Equipment	-19	-14	-7.72	-8.97	-11	-6.68	-4.77	-7.04	-6.37	-6.82	-5.84
Acquisitions	-2.37	-14	-29	-7.97	-29	-2.12	-7.33	-39	-44	-7.18	-7.36
Purchase of Investments	-	-	-	-33	-47	-50	-	0.00	0.00	-19	-10.00
Sale and/or Maturity of Investments	0.00	22	0.00	65	33	-	-	-	0.00	0.00	20
Net Cash From Financing Activities	3.53	-20	0.25	2.97	20	2.24	11	1.58	-1.00	71	-13
Net Cash From Continuing Financing Activities	3.53	-20	0.25	2.97	20	2.24	11	1.58	-1.00	71	-13
Repayment of Debt	-	-0.01	-0.01	-0.11	-0.16	-0.36	-0.34	-0.30	0.00	0.00	-2.69
Repurchase of Common Equity	0.00	-23	-	-	-	-	-	-	0.00	0.00	-10
Issuance of Debt	0.01	-	-	-	-	-	0.00	0.00	1.12	72	0.00
Other Financing Activities, net	0.17	0.31	-0.42	-0.52	-0.89	2.60	11	1.88	-2.11	-1.04	-0.16
Effect of Exchange Rate Changes	-3.44	-3.42	-1.93	-	-2.54	-0.52	5.64	-6.01	-8.43	0.12	-2.67

This table details how cash moves in and out of FARO Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-53	-11	31	-0.34	12	-3.13	2.73	18	-9.00	-0.21	3.74
Net Cash From Operating Activities	-15	-6.70	-18	5.14	-4.37	19	6.58	4.21	2.57	17	5.03
Net Cash From Continuing Operating Activities	-15	-6.70	-18	5.14	-4.37	19	6.58	4.21	2.57	17	5.05
Net Income / (Loss) Continuing Operations	-6.26	-2.24	-21	-28	-8.76	1.59	-7.27	-0.52	-0.29	-0.99	0.91
Consolidated Net Income / (Loss)	-6.26	-2.24	-21	-28	-8.76	1.59	-7.27	-0.52	-0.29	-0.99	0.91
Depreciation Expense	3.41	3.92	4.41	3.51	3.80	3.65	3.62	4.17	3.92	4.03	4.21
Amortization Expense	-	-	0.00	0.18	0.11	0.16	0.11	0.11	0.11	0.17	0.11
Non-Cash Adjustments To Reconcile Net Income	4.83	0.43	4.08	17	5.74	10	5.09	2.39	1.83	8.28	3.80
Changes in Operating Assets and Liabilities, net	-17	-8.82	-5.67	13	-5.28	3.10	5.02	-1.94	-3.01	5.78	-3.97
Net Cash From Investing Activities	-34	-6.70	-24	-4.42	18	-23	-2.77	18	-3.30	-15	-2.79
Net Cash From Continuing Investing Activities	-34	-6.70	-24	-4.42	18	-23	-2.77	18	-3.30	-15	-2.79
Purchase of Property, Plant & Equipment	-1.50	-1.39	-1.69	-2.62	-0.70	-1.80	-1.32	-0.37	-1.87	-2.28	-1.34
Acquisitions	-33	-5.30	-1.82	-1.80	-1.46	-2.11	-1.44	-1.95	-1.43	-2.54	-1.45
Net Cash From Financing Activities	-0.48	0.76	72	-0.35	-0.96	0.31	-0.04	-2.75	-10	-0.02	-0.01
Net Cash From Continuing Financing Activities	-0.48	0.76	72	-0.35	-0.96	0.31	-0.04	-2.75	-10	-0.02	-0.01
Other Financing Activities, net	-0.48	-0.36	-0.03	-0.35	-0.96	0.31	-0.04	-0.07	-0.03	-0.02	-0.01
Effect of Exchange Rate Changes	-3.89	1.92	0.35	-0.70	-0.84	1.31	-1.04	-0.76	1.77	-2.65	1.52

This table presents FARO Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	425	409	424	459	506	487	526	480	473	505	483
Total Current Assets	323	292	279	294	317	322	324	273	219	262	248
Cash & Equivalents	109	107	106	141	109	134	186	122	38	77	89
Short-Term Investments	65	43	43	11	25	25	-	-	0.00	19	10.00
Accounts Receivable	84	70	61	72	89	76	65	79	90	92	87
Inventories, net	43	46	52	54	65	59	47	53	50	35	32
Prepaid Expenses	16	19	16	16	29	29	26	20	41	39	30
Plant, Property, & Equipment, net	29	36	32	32	30	0.00	23	22	20	21	19
Total Noncurrent Assets	73	81	113	133	159	165	179	184	234	222	216
Goodwill	19	26	47	53	67	50	58	82	107	110	107
Intangible Assets	9.11	16	22	23	33	14	13	26	49	48	44
Noncurrent Deferred & Refundable Income Taxes	6.62	4.05	14	16	15	19	47	21	24	25	23
Other Noncurrent Operating Assets	38	35	30	42	44	82	60	55	54	39	42
Total Liabilities & Shareholders' Equity	425	409	424	459	506	487	526	480	473	505	483
Total Liabilities	82	82	84	107	130	155	165	153	162	236	233
Total Current Liabilities	67	63	67	76	98	106	108	99	106	113	113
Accounts Payable	15	11	11	12	20	14	14	14	27	27	27
Accrued Expenses	26	23	25	27	36	38	43	28	23	30	28
Customer Deposits	2.05	3.00	2.87	-	-	-	2.81	5.40	6.73	4.25	4.99
Current Deferred Revenue	24	26	27	-	33	39	39	41	36	41	42
Current Deferred & Payable Income Tax Liabilities	-	0.00	0.62	4.68	5.08	5.18	3.44	4.50	6.77	5.70	6.74
Other Current Liabilities	-	-	-	32	3.14	9.78	5.84	5.74	5.71	5.43	4.47
Total Noncurrent Liabilities	14	19	17	31	32	49	57	54	56	123	121
Long-Term Debt	-	-	-	-	-	-	-	-	0.00	73	70
Noncurrent Deferred Revenue	14	15	14	16	12	13	12	11	8.71	5.63	1.49
Noncurrent Deferred & Payable Income Tax Liabilities	-	0.69	1.41	0.70	0.74	0.36	0.79	1.06	12	13	15
Other Noncurrent Operating Liabilities	0.63	2.80	2.23	14	19	35	45	42	21	20	34
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	344	328	340	352	377	332	360	326	311	269	250
Total Preferred & Common Equity	344	328	340	352	377	332	360	326	311	269	250
Total Common Equity	344	328	340	352	377	332	360	326	311	269	250
Common Stock	200	207	213	223	251	268	288	301	328	346	358
Retained Earnings	160	172	183	169	175	113	114	74	47	-9.79	-19
Treasury Stock	-9.08	-32	-32	-32	-32	-31	-31	-31	-31	-31	-41
Accumulated Other Comprehensive Income / (Loss)	-6.70	-20	-25	-7.82	-18	-17	-10	-17	-33	-37	-49

This table presents FARO Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	443	445	529	502	485	492	481	490	495
Total Current Assets	242	209	276	257	246	256	248	245	255
Cash & Equivalents	102	49	69	68	80	80	98	89	92
Short-Term Investments	-	-	20	20	-	20	0.00	0.00	10
Accounts Receivable	71	75	90	88	88	89	85	83	86
Inventories, net	44	51	51	42	40	35	34	39	33
Prepaid Expenses	25	34	46	39	37	33	30	34	34
Plant, Property, & Equipment, net	21	20	20	23	22	20	18	20	19
Total Noncurrent Assets	180	216	234	222	217	216	215	225	221
Goodwill	80	101	108	109	107	108	108	111	109
Intangible Assets	28	48	49	49	47	47	46	46	43
Noncurrent Deferred & Refundable Income Taxes	20	18	24	24	24	25	25	25	23
Other Noncurrent Operating Assets	52	49	53	40	39	36	36	43	46
Total Liabilities & Shareholders' Equity	443	445	529	502	485	492	481	490	495
Total Liabilities	145	146	232	231	226	230	224	234	235
Total Current Liabilities	94	95	105	108	105	109	106	113	111
Accounts Payable	14	18	23	21	23	25	28	30	26
Accrued Expenses	25	23	26	30	25	27	25	25	25
Customer Deposits	6.98	5.87	6.39	5.58	5.24	5.03	5.21	4.28	4.63
Current Deferred Revenue	36	36	37	36	34	41	40	41	42
Current Deferred & Payable Income Tax Liabilities	6.54	6.42	7.28	10	12	5.91	3.23	6.88	7.94
Other Current Liabilities	5.87	5.53	5.48	5.14	5.26	5.11	4.65	4.65	4.78
Total Noncurrent Liabilities	50	51	127	123	121	121	118	121	124
Long-Term Debt	-	-	72	72	73	73	70	70	70
Capital Lease Obligations	16	14	13	12	11	9.69	9.56	15	17
Noncurrent Deferred Revenue	10	10	8.72	5.29	4.02	6.12	6.11	2.51	1.53
Noncurrent Deferred & Payable Income Tax Liabilities	1.01	5.71	12	12	11	13	12	13	15
Other Noncurrent Operating Liabilities	23	21	21	21	21	20	20	20	20
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	298	299	296	271	259	262	257	256	260
Total Preferred & Common Equity	298	299	296	271	259	262	257	256	260
Total Common Equity	298	299	296	271	259	262	257	256	260
Common Stock	306	325	332	337	340	351	352	355	362
Retained Earnings	55	49	26	-2.62	-11	-17	-18	-18	-18
Treasury Stock	-31	-31	-31	-31	-31	-31	-31	-41	-41
Accumulated Other Comprehensive Income / (Loss)	-32	-44	-31	-32	-39	-41	-47	-41	-43

This table displays calculated financial ratios and metrics derived from FARO Technologies' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	17.15%	-7.10%	2.53%	10.85%	11.83%	-5.42%	-20.43%	11.21%	2.35%	3.78%	-4.57%
EBITDA Growth	25.19%	-46.57%	9.85%	-16.07%	3.75%	-285.06%	60.23%	128.98%	-257.55%	-352.84%	154.06%
EBIT Growth	29.99%	-65.94%	-2.27%	-55.77%	-16.27%	-1,420.63%	48.95%	72.66%	-154.96%	-133.85%	105.16%
NOPAT Growth	49.01%	-60.79%	-10.99%	-213.45%	146.94%	-759.49%	47.67%	72.51%	-195.44%	-98.76%	106.72%
Net Income Growth	56.44%	-61.92%	-13.31%	-230.69%	133.96%	-1,360.59%	101.01%	-6,453.58%	33.05%	-111.46%	83.98%
EPS Growth	54.40%	-61.66%	-9.46%	-229.85%	133.33%	-1,334.48%	101.12%	-5,600.00%	33.64%	-104.79%	84.28%
Operating Cash Flow Growth	-83.49%	395.44%	34.07%	-72.45%	-38.94%	413.49%	-34.11%	-162.99%	-84.45%	104.32%	2,749.21%
Free Cash Flow Firm Growth	-147.09%	155.39%	-128.98%	-1,357.13%	-60.82%	177.66%	-179.50%	-57.57%	-182.49%	97.31%	949.67%
Invested Capital Growth	34.23%	4.56%	7.47%	5.02%	21.45%	-28.62%	0.68%	17.06%	40.80%	-11.10%	-8.08%
Revenue Q/Q Growth	4.35%	-3.88%	0.11%	4.25%	1.62%	-21.12%	37.16%	2.19%	1.07%	-1.38%	-1.53%
EBITDA Q/Q Growth	3.92%	-13.66%	-11.31%	40.95%	-13.90%	-458.04%	74.77%	25.45%	-161.86%	3.92%	31.44%
EBIT Q/Q Growth	4.33%	-28.49%	-25.64%	1,138.04%	-46.65%	-746.72%	61.98%	8.24%	-28.79%	2.95%	274.47%
NOPAT Q/Q Growth	9.44%	-19.40%	-27.01%	-8,791.99%	151.73%	-1,180.22%	62.39%	12.18%	-28.38%	5.72%	8,422.50%
Net Income Q/Q Growth	9.29%	-14.86%	-32.47%	-16,785.06%	141.48%	-828.40%	100.82%	-308.62%	52.42%	6.33%	-39.65%
EPS Q/Q Growth	9.04%	-14.94%	-30.93%	0.00%	140.85%	-842.11%	100.92%	-300.00%	52.75%	6.27%	-34.29%
Operating Cash Flow Q/Q Growth	-61.14%	208.99%	-22.66%	23.80%	-60.45%	30.27%	7.95%	-169.90%	-54.76%	104.43%	-4.31%
Free Cash Flow Firm Q/Q Growth	-291.45%	139.36%	-117.71%	3.98%	-14.31%	209.46%	-235.09%	59.42%	-110.54%	92.21%	106.80%
Invested Capital Q/Q Growth	9.32%	-4.23%	-0.91%	-7.32%	2.98%	-22.40%	16.69%	-11.47%	8.52%	-2.79%	-6.70%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	55.15%	52.66%	54.66%	55.05%	54.89%	51.90%	52.62%	54.45%	50.83%	45.98%	54.65%
EBITDA Margin	13.12%	7.55%	8.09%	6.12%	5.68%	-11.11%	-5.55%	1.45%	-2.23%	-9.72%	5.51%
Operating Margin	10.92%	4.13%	4.08%	1.47%	1.43%	-15.36%	-10.10%	-2.50%	-7.21%	-13.80%	0.97%
EBIT Margin	10.95%	4.02%	3.83%	1.53%	1.14%	-15.96%	-10.24%	-2.52%	-6.27%	-14.13%	0.76%
Profit (Net Income) Margin	9.84%	4.04%	3.41%	-4.02%	1.22%	-16.28%	0.21%	-11.83%	-7.74%	-15.77%	-2.65%
Tax Burden Percent	89.68%	100.05%	87.97%	-249.12%	108.16%	101.86%	-2.04%	466.81%	123.58%	104.65%	970.66%
Interest Burden Percent	100.24%	100.43%	101.32%	105.71%	98.76%	100.11%	98.91%	100.65%	99.83%	106.60%	-35.69%
Effective Tax Rate	10.32%	-0.05%	12.03%	349.12%	-8.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	22.63%	7.57%	6.35%	-6.79%	2.81%	-19.71%	-12.34%	-3.12%	-7.09%	-12.75%	0.95%
ROIC Less NNEP Spread (ROIC-NNEP)	22.54%	7.77%	6.74%	-5.95%	3.72%	-5.26%	-25.19%	19.03%	5.74%	109.44%	85.16%
Return on Net Nonoperating Assets (RNNOA)	-12.43%	-3.75%	-3.02%	2.59%	-1.46%	2.17%	12.52%	-8.52%	-1.31%	-6.77%	-4.45%
Return on Equity (ROE)	10.20%	3.82%	3.33%	-4.20%	1.35%	-17.54%	0.18%	-11.64%	-8.39%	-19.52%	-3.50%
Cash Return on Invested Capital (CROIC)	-6.60%	3.12%	-0.85%	-11.68%	-16.56%	13.69%	-13.02%	-18.83%	-40.97%	-1.00%	9.37%
Operating Return on Assets (OROA)	9.16%	3.06%	2.99%	1.25%	0.96%	-12.27%	-6.15%	-1.69%	-4.55%	-10.37%	0.53%
Return on Assets (ROA)	8.24%	3.07%	2.67%	-3.29%	1.02%	-12.52%	0.12%	-7.95%	-5.61%	-11.57%	-1.84%
Return on Common Equity (ROCE)	10.20%	3.82%	3.33%	-4.20%	1.35%	-17.54%	0.18%	-11.64%	-8.39%	-19.52%	-3.50%
Return on Equity Simple (ROE_SIMPLE)	9.79%	3.91%	3.27%	-4.12%	1.31%	-18.72%	0.17%	-12.24%	-8.60%	-21.06%	-3.63%
Net Operating Profit after Tax (NOPAT)	33	13	12	-13	6.22	-41	-21	-5.91	-17	-35	2.33
NOPAT Margin	9.80%	4.13%	3.59%	-3.67%	1.54%	-10.75%	-7.07%	-1.75%	-5.05%	-9.66%	0.68%
Net Nonoperating Expense Percent (NNEP)	0.09%	-0.19%	-0.39%	-0.84%	-0.91%	-14.45%	12.85%	-22.14%	-12.83%	-122.19%	-84.21%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-5.36%	-9.85%	0.70%
Cost of Revenue to Revenue	44.85%	47.34%	45.34%	44.95%	45.11%	48.10%	47.38%	45.55%	49.17%	54.02%	45.35%
SG&A Expenses to Revenue	10.34%	11.45%	12.54%	42.20%	42.05%	46.46%	43.40%	40.33%	42.42%	43.85%	41.06%
R&D to Revenue	8.08%	8.41%	9.25%	11.38%	11.42%	11.57%	14.12%	14.43%	14.29%	11.65%	11.70%
Operating Expenses to Revenue	44.22%	48.53%	50.58%	53.57%	53.47%	67.26%	62.72%	56.94%	58.04%	59.79%	53.68%
Earnings before Interest and Taxes (EBIT)	37	13	12	5.51	4.62	-61	-31	-8.51	-22	-51	2.62
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	45	24	26	22	23	-42	-17	4.89	-7.70	-35	19
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.15	1.57	1.77	2.23	1.86	2.64	3.50	3.90	1.78	1.59	1.92
Price to Tangible Book Value (P/TBV)	3.43	1.80	2.22	2.84	2.54	3.27	4.35	5.83	3.57	3.84	4.85
Price to Revenue (P/Rev)	3.17	1.62	1.84	2.18	1.74	2.30	4.15	3.77	1.60	1.19	1.40
Price to Earnings (P/E)	32.18	40.08	54.05	0.00	142.22	0.00	2,002.69	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.11%	2.49%	1.85%	0.00%	0.70%	0.00%	0.05%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	5.36	2.05	2.37	3.17	2.34	4.14	6.15	5.64	1.84	1.62	1.98
Enterprise Value to Revenue (EV/Rev)	2.66	1.14	1.39	1.76	1.41	1.88	3.54	3.41	1.53	1.15	1.36
Enterprise Value to EBITDA (EV/EBITDA)	20.25	15.15	17.14	28.66	24.76	0.00	0.00	235.71	0.00	0.00	24.67
Enterprise Value to EBIT (EV/EBIT)	24.27	28.49	36.20	114.93	122.99	0.00	0.00	0.00	0.00	0.00	177.82
Enterprise Value to NOPAT (EV/NOPAT)	27.13	27.67	38.61	0.00	91.20	0.00	0.00	0.00	0.00	0.00	199.70
Enterprise Value to Operating Cash Flow (EV/OCF)	160.57	12.96	12.00	61.18	89.77	22.11	50.20	0.00	0.00	385.45	15.19
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	67.20	0.00	0.00	0.00	25.18	0.00	0.00	0.00	0.00	20.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.05	0.31	0.34
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.05	0.31	0.34
Financial Leverage	-0.55	-0.48	-0.45	-0.44	-0.39	-0.41	-0.50	-0.45	-0.23	-0.06	-0.05
Leverage Ratio	1.24	1.24	1.25	1.28	1.32	1.40	1.46	1.46	1.50	1.69	1.91
Compound Leverage Factor	1.24	1.25	1.26	1.35	1.31	1.40	1.45	1.47	1.49	1.80	-0.68
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.50%	23.74%	25.25%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.50%	23.74%	25.25%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	95.50%	76.26%	74.75%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-1.90	-2.40	4.47
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.01	0.36	-0.76
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-1.90	-2.40	4.47
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.84	-2.41	36.19
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.33	0.37	-6.17
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.84	-2.41	36.19
Altman Z-Score	10.30	5.92	6.36	6.34	5.08	4.62	5.75	6.29	3.05	1.79	2.24
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.81	4.64	4.18	3.88	3.25	3.04	3.00	2.77	2.06	2.31	2.20
Quick Ratio	3.84	3.49	3.16	2.95	2.28	2.21	2.32	2.03	1.21	1.66	1.65
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-9.76	5.41	-1.57	-23	-37	29	-23	-36	-101	-2.71	23
Operating Cash Flow to CapEx	30.22%	197.84%	486.83%	115.44%	57.37%	486.41%	448.14%	-191.56%	-390.14%	15.77%	524.29%
Free Cash Flow to Firm to Interest Expense	-1,219.78	96.52	-32.63	-5,705.24	-75.52	36.49	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	707.25	500.57	782.98	2,588.75	13.01	41.57	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-1,633.00	247.55	622.15	346.25	-9.67	33.03	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.84	0.76	0.78	0.82	0.84	0.77	0.60	0.67	0.73	0.73	0.69
Accounts Receivable Turnover	4.55	4.13	4.96	5.41	5.01	4.63	4.32	4.72	4.10	3.94	3.82
Inventory Turnover	3.33	3.39	3.03	3.07	3.05	2.96	2.72	3.06	3.30	4.58	4.66
Fixed Asset Turnover	14.93	9.73	9.63	11.36	12.96	0.00	0.00	14.92	16.50	17.55	17.14
Accounts Payable Turnover	10.11	11.22	13.14	14.30	11.50	10.86	10.34	10.87	8.20	7.09	5.67
Days Sales Outstanding (DSO)	80.23	88.44	73.59	67.49	72.81	78.92	84.58	77.33	89.12	92.74	95.43
Days Inventory Outstanding (DIO)	109.55	107.65	120.48	118.87	119.51	123.23	134.34	119.23	110.76	79.61	78.34
Days Payable Outstanding (DPO)	36.09	32.52	27.78	25.53	31.74	33.60	35.30	33.59	44.53	51.49	64.34
Cash Conversion Cycle (CCC)	153.69	163.57	166.29	160.83	160.58	168.55	183.62	162.97	155.34	120.86	109.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	170	177	191	200	243	173	175	204	288	256	235
Invested Capital Turnover	2.31	1.83	1.77	1.85	1.82	1.83	1.75	1.78	1.40	1.32	1.39
Increase / (Decrease) in Invested Capital	43	7.72	13	9.56	43	-70	1.18	30	83	-32	-21
Enterprise Value (EV)	908	363	451	633	568	718	1,074	1,153	529	414	465
Market Capitalization	1,083	514	600	785	701	876	1,260	1,275	552	427	480
Book Value per Share	$19.91	$18.83	$20.37	$21.07	$21.83	$19.08	$20.20	$17.93	$16.56	$14.17	$13.19
Tangible Book Value per Share	$18.27	$16.40	$16.23	$16.56	$16.01	$15.39	$16.23	$12.02	$8.25	$5.87	$5.23
Total Capital	344	328	340	352	377	332	360	326	326	352	334
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	15	84	84
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	15	84	84
Net Debt	-174	-150	-149	-152	-134	-159	-186	-122	-23	-13	-14
Capital Expenditures (CapEx)	19	14	7.72	8.97	11	6.68	4.77	7.04	6.37	6.82	5.84
Debt-free, Cash-free Net Working Capital (DFCFNWC)	82	79	63	66	86	58	30	53	75	52	37
Debt-free Net Working Capital (DFNWC)	256	229	212	218	219	216	216	175	113	148	135
Net Working Capital (NWC)	256	229	212	218	219	216	216	175	113	148	135
Net Nonoperating Expense (NNE)	-0.16	0.32	0.58	1.26	1.29	21	-22	34	9.31	22	11
Net Nonoperating Obligations (NNO)	-174	-150	-149	-152	-134	-159	-186	-122	-23	-13	-14
Total Depreciation and Amortization (D&A)	7.43	11	14	17	18	19	14	13	14	16	16
Debt-free, Cash-free Net Working Capital to Revenue	23.96%	24.81%	19.33%	18.37%	21.22%	15.13%	9.99%	15.56%	21.78%	14.51%	10.69%
Debt-free Net Working Capital to Revenue	74.94%	72.16%	65.13%	60.48%	54.31%	56.65%	71.10%	51.68%	32.72%	41.34%	39.52%
Net Working Capital to Revenue	74.94%	72.16%	65.13%	60.48%	54.31%	56.65%	71.10%	51.68%	32.72%	41.34%	39.52%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.95	$0.74	$0.67	($0.87)	$0.29	($3.58)	$0.04	($2.20)	($1.46)	($2.99)	($0.47)
Adjusted Weighted Average Basic Shares Outstanding	17.25M	17.29M	16.65M	16.71M	17.04M	17.38M	17.77M	18.19M	18.32M	18.92M	19.15M
Adjusted Diluted Earnings per Share	$1.93	$0.74	$0.67	($0.87)	$0.29	($3.58)	$0.04	($2.20)	($1.46)	($2.99)	($0.47)
Adjusted Weighted Average Diluted Shares Outstanding	17.42M	17.39M	16.68M	16.71M	17.35M	17.38M	17.93M	18.19M	18.32M	18.92M	19.15M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	17.32M	16.59M	16.68M	16.80M	34.51M	17.60M	18.02M	18.21M	18.78M	18.97M	18.98M
Normalized Net Operating Profit after Tax (NOPAT)	33	9.19	12	3.73	4.03	-16	-10	-0.75	-14	-24	4.56
Normalized NOPAT Margin	9.80%	2.89%	3.59%	1.03%	1.00%	-4.29%	-3.43%	-0.22%	-4.11%	-6.66%	1.33%
Pre Tax Income Margin	10.98%	4.03%	3.88%	1.61%	1.13%	-15.98%	-10.13%	-2.53%	-6.26%	-15.07%	-0.27%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4,679.25	227.70	259.63	1,378.00	9.50	-78.04	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	4,185.72	234.45	243.46	-3,314.49	12.81	-52.55	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	2,339.00	-25.32	98.79	-864.50	-13.18	-86.58	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	1,845.47	-18.57	82.62	-5,556.99	-9.87	-61.10	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	177.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-110.46%

This table displays calculated financial ratios and metrics derived from FARO Technologies' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	7.78%	3.65%	10.84%	10.38%	1.74%	-4.83%	-0.85%	-6.94%	-4.90%	-5.37%	-1.64%
EBITDA Growth	-2.50%	-66.18%	-235.57%	-501.93%	-14.65%	58.57%	88.54%	127.43%	329.10%	116.93%	578.78%
EBIT Growth	-3.47%	-144.33%	-156.25%	-252.81%	-14.84%	103.56%	71.00%	106.94%	130.39%	7,767.92%	162.74%
NOPAT Growth	-36.82%	96.84%	-158.84%	-183.05%	2.82%	182.28%	71.48%	94.99%	86.65%	-251.77%	137.81%
Net Income Growth	-62.41%	92.96%	-118.48%	-229.43%	-39.85%	171.08%	65.66%	98.14%	96.70%	-162.09%	112.47%
EPS Growth	-61.90%	93.14%	-111.32%	-217.02%	-35.29%	166.67%	66.07%	97.99%	95.65%	-150.00%	113.16%
Operating Cash Flow Growth	-356.65%	-419.81%	-160.68%	36.01%	70.64%	378.43%	135.84%	-18.01%	158.72%	-7.40%	-23.48%
Free Cash Flow Firm Growth	53.71%	-27.61%	-55.92%	-1,484.38%	92.76%	138.92%	155.80%	139.24%	469.32%	-41.52%	-95.83%
Invested Capital Growth	14.86%	40.80%	29.34%	26.02%	-0.75%	-11.10%	-16.40%	-11.04%	-4.24%	-8.08%	-0.18%
Revenue Q/Q Growth	6.78%	21.71%	-18.19%	3.82%	-1.58%	13.85%	-14.77%	-2.56%	0.58%	13.29%	-11.41%
EBITDA Q/Q Growth	37.64%	206.11%	-674.72%	-58.29%	88.12%	246.75%	-141.52%	478.96%	-0.79%	38.95%	-8.35%
EBIT Q/Q Growth	22.14%	73.87%	-1,135.46%	-40.39%	74.66%	100.81%	-10,166.04%	133.61%	10.93%	109.65%	-19.74%
NOPAT Q/Q Growth	20.42%	76.88%	-1,029.61%	-36.17%	72.68%	119.58%	-491.59%	76.09%	27.14%	-122.52%	197.55%
Net Income Q/Q Growth	26.98%	64.32%	-847.36%	-33.46%	69.00%	118.14%	-557.62%	92.79%	44.85%	-241.18%	191.89%
EPS Q/Q Growth	27.66%	64.71%	-833.33%	-33.04%	69.13%	117.39%	-575.00%	92.11%	33.33%	-100.00%	225.00%
Operating Cash Flow Q/Q Growth	-494.39%	55.02%	-173.79%	128.00%	-185.13%	526.60%	-64.75%	-35.94%	-39.03%	572.66%	-70.88%
Free Cash Flow Firm Q/Q Growth	-845.02%	-115.16%	5.89%	8.23%	96.10%	1,256.46%	34.93%	-35.46%	-63.33%	83.12%	-90.37%
Invested Capital Q/Q Growth	24.85%	8.52%	1.91%	-8.73%	-1.68%	-2.79%	-4.17%	-2.87%	5.83%	-6.70%	4.07%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	50.70%	49.14%	46.74%	37.78%	48.00%	50.88%	51.41%	54.56%	55.69%	56.75%	57.01%
EBITDA Margin	-2.69%	2.34%	-16.46%	-25.09%	-3.03%	3.90%	-1.90%	7.40%	7.30%	8.95%	9.26%
Operating Margin	-8.35%	-1.59%	-21.91%	-28.74%	-7.98%	1.37%	-6.30%	2.13%	2.62%	5.05%	4.60%
EBIT Margin	-6.68%	-1.43%	-21.65%	-29.28%	-7.54%	0.05%	-6.33%	2.18%	2.41%	4.46%	4.04%
Profit (Net Income) Margin	-7.34%	-2.15%	-24.91%	-32.02%	-10.09%	1.61%	-8.63%	-0.64%	-0.35%	-1.05%	1.09%
Tax Burden Percent	110.33%	150.84%	110.05%	105.28%	121.01%	-207.31%	117.86%	-50.78%	-29.92%	-30.49%	36.84%
Interest Burden Percent	99.58%	99.46%	104.54%	103.88%	110.56%	-1,445.28%	115.58%	57.56%	48.57%	77.55%	73.47%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	150.78%	129.92%	130.49%	63.16%
Return on Invested Capital (ROIC)	-8.06%	-1.56%	-20.88%	-30.36%	-7.69%	1.27%	-5.87%	-1.51%	-1.06%	-2.15%	2.36%
ROIC Less NNEP Spread (ROIC-NNEP)	-6.47%	-0.07%	-3.35%	-6.88%	18.35%	-2.30%	30.28%	-4.84%	91.43%	-5.51%	5.47%
Return on Net Nonoperating Assets (RNNOA)	1.58%	0.02%	0.51%	1.08%	-0.99%	0.14%	-1.07%	0.20%	0.14%	0.29%	-0.34%
Return on Equity (ROE)	-6.48%	-1.54%	-20.37%	-29.28%	-8.68%	1.41%	-6.93%	-1.31%	-0.92%	-1.86%	2.02%
Cash Return on Invested Capital (CROIC)	-19.31%	-40.97%	-35.37%	-38.40%	-13.16%	-1.00%	8.45%	9.15%	4.32%	9.37%	-0.41%
Operating Return on Assets (OROA)	-4.83%	-1.04%	-15.38%	-22.45%	-5.90%	0.04%	-4.44%	1.56%	1.72%	3.09%	2.79%
Return on Assets (ROA)	-5.31%	-1.56%	-17.70%	-24.55%	-7.89%	1.18%	-6.05%	-0.46%	-0.25%	-0.73%	0.76%
Return on Common Equity (ROCE)	-6.48%	-1.54%	-20.37%	-29.28%	-8.68%	1.41%	-6.93%	-1.31%	-0.92%	-1.86%	2.02%
Return on Equity Simple (ROE_SIMPLE)	-18.78%	0.00%	-12.90%	-21.34%	-23.31%	0.00%	-16.29%	-5.83%	-2.54%	0.00%	-0.34%
Net Operating Profit after Tax (NOPAT)	-4.99	-1.15	-13	-18	-4.85	0.95	-3.72	-0.89	-0.65	-1.44	1.41
NOPAT Margin	-5.85%	-1.11%	-15.34%	-20.12%	-5.58%	0.96%	-4.41%	-1.08%	-0.78%	-1.54%	1.70%
Net Nonoperating Expense Percent (NNEP)	-1.59%	-1.49%	-17.52%	-23.48%	-26.04%	3.56%	-36.15%	3.33%	-92.49%	3.36%	-3.11%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.35%	-	-	-	0.27%	-	-	-	-0.43%	0.40%
Cost of Revenue to Revenue	49.30%	50.86%	53.26%	62.22%	52.00%	49.12%	48.59%	45.44%	44.31%	43.25%	42.99%
SG&A Expenses to Revenue	43.62%	36.51%	48.70%	43.71%	43.74%	39.89%	47.00%	39.70%	41.23%	36.73%	40.81%
R&D to Revenue	14.75%	12.19%	14.97%	13.22%	9.43%	9.35%	10.71%	11.98%	11.83%	12.22%	11.45%
Operating Expenses to Revenue	59.05%	50.73%	68.65%	66.51%	55.98%	49.50%	57.71%	52.43%	53.06%	51.70%	52.40%
Earnings before Interest and Taxes (EBIT)	-5.70	-1.49	-18	-26	-6.55	0.05	-5.34	1.79	1.99	4.17	3.35
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2.29	2.43	-14	-22	-2.63	3.86	-1.60	6.07	6.02	8.37	7.67
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.67	1.78	1.56	1.13	1.11	1.59	1.56	1.20	1.46	1.92	1.99
Price to Tangible Book Value (P/TBV)	3.34	3.57	3.31	2.69	2.74	3.84	3.83	3.00	3.80	4.85	4.80
Price to Revenue (P/Rev)	1.47	1.60	1.31	0.85	0.79	1.19	1.14	0.87	1.07	1.40	1.52
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.76	1.84	1.57	1.13	1.11	1.62	1.59	1.21	1.47	1.98	2.05
Enterprise Value to Revenue (EV/Rev)	1.37	1.53	1.30	0.84	0.80	1.15	1.09	0.82	1.06	1.36	1.47
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	50.71	25.77	24.67	17.87
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	177.82	44.50
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	199.70	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	385.45	15.04	11.52	11.55	15.19	17.29
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	17.17	12.47	33.22	20.22	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.05	0.05	0.29	0.31	0.32	0.31	0.32	0.31	0.33	0.34	0.34
Long-Term Debt to Equity	0.05	0.05	0.29	0.31	0.32	0.31	0.32	0.31	0.33	0.34	0.34
Financial Leverage	-0.24	-0.23	-0.15	-0.16	-0.05	-0.06	-0.04	-0.04	0.00	-0.05	-0.06
Leverage Ratio	1.44	1.50	1.63	1.66	1.67	1.69	1.83	1.86	1.89	1.91	1.89
Compound Leverage Factor	1.44	1.49	1.70	1.72	1.84	-24.39	2.11	1.07	0.92	1.48	1.39
Debt to Total Capital	4.57%	4.50%	22.43%	23.85%	24.51%	23.74%	23.96%	23.66%	25.07%	25.25%	25.12%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	4.57%	4.50%	22.43%	23.85%	24.51%	23.74%	23.96%	23.66%	25.07%	25.25%	25.12%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	95.43%	95.50%	77.57%	76.15%	75.50%	76.26%	76.04%	76.34%	74.93%	74.75%	74.88%
Debt to EBITDA	-4.88	-1.90	-4.89	-2.36	-2.32	-2.40	-3.67	13.96	5.96	4.47	3.10
Net Debt to EBITDA	11.62	3.01	0.17	0.10	-0.12	0.36	0.74	-3.22	-0.24	-0.76	-0.55
Long-Term Debt to EBITDA	-4.88	-1.90	-4.89	-2.36	-2.32	-2.40	-3.67	13.96	5.96	4.47	3.10
Debt to NOPAT	-1.06	-0.84	-3.37	-2.30	-2.29	-2.41	-3.26	-12.45	-3,053.86	36.19	-60.36
Net Debt to NOPAT	2.52	1.33	0.11	0.10	-0.11	0.37	0.66	2.88	121.61	-6.17	10.62
Long-Term Debt to NOPAT	-1.06	-0.84	-3.37	-2.30	-2.29	-2.41	-3.26	-12.45	-3,053.86	36.19	-60.36
Altman Z-Score	3.25	3.19	2.20	1.70	1.79	2.12	2.06	1.87	1.95	2.25	2.33
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.20	2.06	2.62	2.38	2.33	2.31	2.35	2.33	2.17	2.20	2.31
Quick Ratio	1.31	1.21	1.70	1.64	1.60	1.66	1.73	1.72	1.52	1.65	1.70
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-39	-85	-80	-73	-2.85	33	44	29	11	19	1.85
Operating Cash Flow to CapEx	-995.06%	-480.98%	-1,086.73%	195.77%	-621.16%	1,035.81%	496.98%	1,153.97%	137.25%	756.64%	374.89%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.72	0.73	0.71	0.77	0.78	0.73	0.70	0.72	0.71	0.69	0.69
Accounts Receivable Turnover	5.10	4.10	4.24	4.55	4.45	3.94	4.00	4.07	4.05	3.82	3.91
Inventory Turnover	3.04	3.30	3.43	4.55	4.35	4.58	4.39	4.53	4.13	4.66	4.37
Fixed Asset Turnover	0.00	16.50	16.88	16.34	17.07	17.55	18.20	16.90	16.66	17.14	17.66
Accounts Payable Turnover	9.52	8.20	9.53	11.18	9.67	7.09	7.86	7.00	6.07	5.67	5.81
Days Sales Outstanding (DSO)	71.60	89.12	86.07	80.18	82.11	92.74	91.30	89.78	90.05	95.43	93.42
Days Inventory Outstanding (DIO)	120.18	110.76	106.56	80.13	83.88	79.61	83.07	80.64	88.42	78.34	83.54
Days Payable Outstanding (DPO)	38.34	44.53	38.28	32.64	37.73	51.49	46.42	52.13	60.15	64.34	62.87
Cash Conversion Cycle (CCC)	153.44	155.34	154.34	127.68	128.26	120.86	127.95	118.30	118.31	109.42	114.09
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	265	288	293	268	263	256	245	238	252	235	245
Invested Capital Turnover	1.38	1.40	1.36	1.51	1.38	1.32	1.33	1.39	1.35	1.39	1.39
Increase / (Decrease) in Invested Capital	34	83	67	55	-2.00	-32	-48	-30	-11	-21	-0.45
Enterprise Value (EV)	467	529	459	303	293	414	391	289	370	465	503
Market Capitalization	502	552	462	306	289	427	408	307	373	480	518
Book Value per Share	$16.38	$16.56	$15.78	$14.35	$13.67	$14.17	$13.75	$13.36	$13.11	$13.19	$13.71
Tangible Book Value per Share	$8.21	$8.25	$7.43	$6.02	$5.55	$5.87	$5.59	$5.33	$5.04	$5.23	$5.69
Total Capital	314	326	382	356	343	352	345	336	341	334	347
Total Debt	14	15	86	85	84	84	83	80	86	84	87
Total Long-Term Debt	14	15	86	85	84	84	83	80	86	84	87
Net Debt	-34	-23	-2.92	-3.51	4.18	-13	-17	-18	-3.41	-14	-15
Capital Expenditures (CapEx)	1.50	1.39	1.69	2.62	0.70	1.80	1.32	0.37	1.87	2.28	1.34
Debt-free, Cash-free Net Working Capital (DFCFNWC)	65	75	82	61	60	52	48	43	44	37	42
Debt-free Net Working Capital (DFNWC)	114	113	171	149	140	148	147	141	132	135	145
Net Working Capital (NWC)	114	113	171	149	140	148	147	141	132	135	145
Net Nonoperating Expense (NNE)	1.27	1.08	8.13	11	3.91	-0.64	3.55	-0.36	-0.36	-0.45	0.50
Net Nonoperating Obligations (NNO)	-34	-23	-2.92	-3.51	4.18	-13	-17	-18	-3.41	-14	-15
Total Depreciation and Amortization (D&A)	3.41	3.92	4.41	3.69	3.92	3.81	3.73	4.28	4.03	4.20	4.32
Debt-free, Cash-free Net Working Capital to Revenue	19.12%	21.78%	23.14%	16.73%	16.58%	14.51%	13.46%	12.33%	12.53%	10.69%	12.31%
Debt-free Net Working Capital to Revenue	33.31%	32.72%	48.16%	41.15%	38.54%	41.34%	41.18%	40.15%	38.10%	39.52%	42.40%
Net Working Capital to Revenue	33.31%	32.72%	48.16%	41.15%	38.54%	41.34%	41.18%	40.15%	38.10%	39.52%	42.40%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.34)	($0.12)	($1.12)	($1.49)	($0.46)	$0.08	($0.38)	($0.03)	($0.02)	($0.04)	$0.05
Adjusted Weighted Average Basic Shares Outstanding	18.44M	18.32M	18.82M	18.92M	18.95M	18.92M	19.05M	19.29M	19.27M	19.15M	19.05M
Adjusted Diluted Earnings per Share	($0.34)	($0.12)	($1.12)	($1.49)	($0.46)	$0.08	($0.38)	($0.03)	($0.02)	($0.04)	$0.05
Adjusted Weighted Average Diluted Shares Outstanding	18.44M	18.32M	18.82M	18.92M	18.95M	18.92M	19.05M	19.29M	19.27M	19.15M	19.73M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	18.78M	18.78M	18.90M	18.95M	18.95M	18.97M	19.21M	19.50M	18.92M	18.98M	19.23M
Normalized Net Operating Profit after Tax (NOPAT)	-4.58	0.32	-10	-12	-3.14	1.13	-3.72	1.66	1.51	5.11	2.75
Normalized NOPAT Margin	-5.37%	0.31%	-11.85%	-13.41%	-3.62%	1.15%	-4.41%	2.02%	1.83%	5.46%	3.32%
Pre Tax Income Margin	-6.65%	-1.43%	-22.63%	-30.41%	-8.34%	-0.78%	-7.32%	1.26%	1.17%	3.46%	2.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-110.46%	0.00%

Key Financial Trends

FARO Technologies delivered a mixed first quarter result for fiscal 2025, with notable improvements in profitability and balance sheet strength but ongoing top-line and cash-flow headwinds.

Operating income of $3.8 M in Q1 2025 compared with a $5.3 M operating loss in Q1 2024, indicating a return to core profitability.
Net income turned positive at $0.9 M versus a $7.3 M loss a year ago, reflecting improved operating leverage.
Gross margin expanded to 57.0% (from 51.4% in Q1 2024), driven by disciplined cost-of-revenue management.
Cash & equivalents climbed to $92.4 M, up from $79.5 M a year earlier, bolstering liquidity.
Net debt remained negative $(15.4) M, underscoring a net cash position and financial flexibility.
Book value per share held steady at $13.71, preserving shareholder equity base.
Leverage ratio near 1.9× and net debt/EBITDA of (0.55)× indicate a conservative capital structure.
Total revenue dipped 1.6% year-over-year to $82.9 M, marking soft demand in the quarter.
Operating cash flow weakened to $5.0 M from $17.3 M in Q4 2024, reflecting seasonal working-capital swings.
Sequential revenue fell 11.4% from Q4 2024, signaling ongoing sales headwinds into the new fiscal year.

06/19/25 04:48 AMAI Generated. May Contain Errors.

Frequently Asked Questions About FARO Technologies' Financials

When does FARO Technologies' financial year end?

According to the most recent income statement we have on file, FARO Technologies' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has FARO Technologies' net income changed over the last 10 years?

FARO Technologies' net income appears to be on an upward trend, with a most recent value of -$9.07 million in 2024, falling from $33.65 million in 2014. The previous period was -$56.58 million in 2023. Check out FARO Technologies' forecast to explore projected trends and price targets.

What is FARO Technologies' operating income?

FARO Technologies' total operating income in 2024 was $3.33 million, based on the following breakdown:

Total Gross Profit: $187.15 million
Total Operating Expenses: $183.82 million

How has FARO Technologies' revenue changed over the last 10 years?

Over the last 10 years, FARO Technologies' total revenue changed from $341.83 million in 2014 to $342.43 million in 2024, a change of 0.2%.

How much debt does FARO Technologies have?

FARO Technologies' total liabilities were at $233.40 million at the end of 2024, a 1.1% decrease from 2023, and a 186.0% increase since 2014.

How much cash does FARO Technologies have?

In the past 10 years, FARO Technologies' cash and equivalents has ranged from $37.81 million in 2022 to $185.63 million in 2020, and is currently $88.70 million as of their latest financial filing in 2024.

How has FARO Technologies' book value per share changed over the last 10 years?

Over the last 10 years, FARO Technologies' book value per share changed from 19.91 in 2014 to 13.19 in 2024, a change of -33.7%.

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This page (NASDAQ:FARO) was last updated on 6/19/2025 by MarketBeat.com Staff

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