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FARO Technologies (FARO) Gross Margin

Annual Gross Margin

45.98%
-4.85%-9.54%

December 31, 2023

Summary

Performance

1-Year Change

-9.54%

3-Year Change

-12.62%

5-Year Change

-16.23%

15-Year Change

-16.48%

FARO Gross Margin Chart

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Highlights

Sector Rank

50.45%
FARO annual gross profit margin is higher than 50.45% of companies in Technology sector

High & Low

All-time High

63.54%
FARO annual gross profit margin is currently -27.64% below its historical high of 63.54%

3-Year Low

45.98%
FARO annual gross profit margin is currently at its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
FARO previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Feb 27, 2025
FARO next annual earnings announcement is scheduled for Feb 27, 2025

OtherFAROprofitabilitymetrics:

Annual Revenue

$358.83 M
FARO annual revenue is $358.83 million

Annual Gross Profit

$165.00 M
FARO annual gross profit is $165.00 million

Annual Operating Margin

-9.52%
FARO annual operating profit margin is -9.52%

Annual Net Margin

-15.77%
FARO annual net profit margin is -15.77%

Quarterly Gross Margin

55.69%
+1.13%+2.07%

September 30, 2024

Summary

Performance

3-Month Change

+2.07%

1-Year Change

+2.07%

3-Year Change

+4.15%

5-Year Change

-0.71%

FARO Quarterly Gross Margin Chart

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Highlights

Sector Rank

58.36%
FARO quarterly gross profit margin is higher than 58.36% of companies in Technology sector

High & Low

All-time High

66.74%
FARO quarterly gross profit margin is currently -16.56% below its historical high of 66.74%

3-Year Low

37.78%
FARO quarterly gross profit margin is currently +47.41% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
FARO previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

Feb 27, 2025
FARO next earnings announcement is scheduled for Feb 27, 2025

OtherFAROprofitabilitymetrics:

Quarterly Revenue

$82.56 M
FARO quarterly revenue is $82.56 million

Quarterly Gross Profit

$45.98 M
FARO quarterly gross profit is $45.98 million

Quarterly Operating Margin

2.62%
FARO quarterly operating profit margin is 2.62%

Quarterly Net Margin

-0.35%
FARO quarterly net profit margin is -0.35%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

45.98%
FARO annual gross profit margin is 45.98%

Annual Gross Profit

$165.00 M
FARO annual gross profit is $165.00 million

Annual Revenue

$358.83 M
FARO annual revenue is $358.83 million

FARO Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-9.5%+2.1%
3 y3 years-12.6%+4.2%
5 y5 years-16.2%-0.7%

FARO Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-15.6%at lowat high+47.4%
5 y5-year-15.6%at lowat high+47.4%
alltimeall time-27.6%at low-16.6%+47.4%

FARO Technologies Gross Margin History

DateAnnualQuarterly
Sep 2024
-
55.69%(+2.1%)
Jun 2024
-
54.56%(+6.1%)
Mar 2024
-
51.41%(+1.0%)
Dec 2023
45.98%(-9.5%)
50.88%(+6.0%)
Sep 2023
-
48.00%(+27.1%)
Jun 2023
-
37.78%(-19.2%)
Mar 2023
-
46.74%(-4.9%)
Dec 2022
50.83%(-6.6%)
49.14%(-3.1%)
Sep 2022
-
50.70%(+0.2%)
Jun 2022
-
50.60%(-5.5%)
Mar 2022
-
53.52%(-3.7%)
Dec 2021
54.45%(+3.5%)
55.59%(+4.0%)
Sep 2021
-
53.47%(-3.5%)
Jun 2021
-
55.39%(+4.6%)
Mar 2021
-
52.94%(-3.1%)
Dec 2020
52.62%(+1.4%)
54.63%(+6.5%)
Sep 2020
-
51.31%(+7.5%)
Jun 2020
-
47.71%(-13.5%)
Mar 2020
-
55.18%(+31.8%)
Dec 2019
51.90%(-5.4%)
41.87%(-25.4%)
Sep 2019
-
56.09%(+3.4%)
Jun 2019
-
54.27%(-4.2%)
Mar 2019
-
56.63%(+1.7%)
Dec 2018
54.89%(-0.3%)
55.69%(+9.7%)
Sep 2018
-
50.76%(-13.6%)
Jun 2018
-
58.72%(+1.3%)
Mar 2018
-
57.94%(+9.8%)
Dec 2017
55.05%(+0.7%)
52.75%(-8.5%)
Sep 2017
-
57.66%(+2.0%)
Jun 2017
-
56.55%(+5.4%)
Mar 2017
-
53.64%(+1.1%)
Dec 2016
54.66%(+3.8%)
53.08%(-1.0%)
Sep 2016
-
53.62%(-4.1%)
Jun 2016
-
55.94%(-0.7%)
Mar 2016
-
56.33%(+6.7%)
Dec 2015
52.66%(-4.5%)
52.79%(+9.8%)
Sep 2015
-
48.09%(-9.6%)
Jun 2015
-
53.17%(-6.1%)
Mar 2015
-
56.64%(+3.7%)
Dec 2014
55.15%(-0.6%)
54.60%(-2.5%)
Sep 2014
-
55.98%(+0.9%)
Jun 2014
-
55.47%(+1.5%)
Mar 2014
-
54.63%(-0.4%)
Dec 2013
55.48%(+1.4%)
54.87%(-3.6%)
Sep 2013
-
56.93%(+5.3%)
Jun 2013
-
54.04%(-4.1%)
Mar 2013
-
56.33%(+5.5%)
Dec 2012
54.73%(-3.2%)
53.39%(+0.4%)
Sep 2012
-
53.19%(-4.2%)
Jun 2012
-
55.51%(-2.6%)
Mar 2012
-
57.01%(+1.0%)
Dec 2011
56.53%(-4.4%)
56.45%(+0.5%)
Sep 2011
-
56.15%(+0.0%)
Jun 2011
-
56.13%(-2.5%)
Mar 2011
-
57.59%(-2.4%)
DateAnnualQuarterly
Dec 2010
59.13%(+8.2%)
59.02%(+1.3%)
Sep 2010
-
58.26%(-1.7%)
Jun 2010
-
59.27%(-1.3%)
Mar 2010
-
60.07%(+8.5%)
Dec 2009
54.64%(-8.7%)
55.37%(+0.9%)
Sep 2009
-
54.89%(-2.2%)
Jun 2009
-
56.10%(+8.5%)
Mar 2009
-
51.70%(-9.8%)
Dec 2008
59.85%(-0.3%)
57.31%(-3.0%)
Sep 2008
-
59.09%(-5.8%)
Jun 2008
-
62.75%(+4.4%)
Mar 2008
-
60.11%(+0.2%)
Dec 2007
60.04%(+2.3%)
59.98%(+0.9%)
Sep 2007
-
59.42%(-3.3%)
Jun 2007
-
61.42%(+3.8%)
Mar 2007
-
59.16%(+0.7%)
Dec 2006
58.70%(+1.1%)
58.75%(+1.3%)
Sep 2006
-
57.98%(-2.2%)
Jun 2006
-
59.31%(+0.9%)
Mar 2006
-
58.76%(+3.8%)
Dec 2005
58.07%(-6.1%)
56.59%(+4.3%)
Sep 2005
-
54.25%(-8.9%)
Jun 2005
-
59.52%(-5.2%)
Mar 2005
-
62.80%(+8.3%)
Dec 2004
61.84%(+5.0%)
57.97%(-8.2%)
Sep 2004
-
63.13%(-0.2%)
Jun 2004
-
63.25%(-1.2%)
Mar 2004
-
64.04%(+7.5%)
Dec 2003
58.88%(+8.3%)
59.55%(+3.6%)
Sep 2003
-
57.50%(-7.2%)
Jun 2003
-
61.94%(+10.6%)
Mar 2003
-
55.99%(-1.5%)
Dec 2002
54.35%(-10.0%)
56.85%(+5.0%)
Sep 2002
-
54.13%(+11.6%)
Jun 2002
-
48.52%(-13.5%)
Mar 2002
-
56.10%(-8.3%)
Dec 2001
60.40%(-4.9%)
61.17%(-2.9%)
Sep 2001
-
62.97%(+8.4%)
Jun 2001
-
58.09%(-1.7%)
Mar 2001
-
59.08%(-11.5%)
Dec 2000
63.54%(+11.0%)
66.74%(+4.7%)
Sep 2000
-
63.72%(+0.5%)
Jun 2000
-
63.41%(+5.7%)
Mar 2000
-
60.00%(+8.9%)
Dec 1999
57.23%(-4.0%)
55.11%(+7.2%)
Sep 1999
-
51.43%(-15.0%)
Jun 1999
-
60.52%(-0.6%)
Mar 1999
-
60.90%(+2.8%)
Dec 1998
59.64%(+0.8%)
59.26%(+18.5%)
Sep 1998
-
50.00%(-21.4%)
Jun 1998
-
63.64%(+6.6%)
Mar 1998
-
59.70%(+1.4%)
Dec 1997
59.15%(+6.0%)
58.90%(-0.7%)
Sep 1997
-
59.32%
Dec 1996
55.78%
-

FAQ

  • What is FARO Technologies annual gross profit margin?
  • What is the all time high annual gross margin for FARO Technologies?
  • What is FARO Technologies annual gross margin year-on-year change?
  • What is FARO Technologies quarterly gross profit margin?
  • What is the all time high quarterly gross margin for FARO Technologies?
  • What is FARO Technologies quarterly gross margin year-on-year change?

What is FARO Technologies annual gross profit margin?

The current annual gross margin of FARO is 45.98%

What is the all time high annual gross margin for FARO Technologies?

FARO Technologies all-time high annual gross profit margin is 63.54%

What is FARO Technologies annual gross margin year-on-year change?

Over the past year, FARO annual gross profit margin has changed by -4.85% (-9.54%)

What is FARO Technologies quarterly gross profit margin?

The current quarterly gross margin of FARO is 55.69%

What is the all time high quarterly gross margin for FARO Technologies?

FARO Technologies all-time high quarterly gross profit margin is 66.74%

What is FARO Technologies quarterly gross margin year-on-year change?

Over the past year, FARO quarterly gross profit margin has changed by +1.13% (+2.07%)