iRobot Corp (iRobot) is a designer, developer, and marketer of consumer robots. It operates through a single reporting segment: Consumer Robot. As of December 2022, the company sold nearly 50 million consumer robots worldwide.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

iRobot R&D focuses on the development of new products and related accessories, and the enhancement of existing products through the development of new applications. Its R&D team develops new hardware products and software, and improves its existing software to meet emerging trends and customer demands. As of December 2022, the company held more than 1,000 foreign patents and 585 US patents. It has more than 500 pending patent applications across the world. The company It carries out R&D activities in Pasadena, California; and Bedford, Massachusetts. The company’s R&D continues to achieve high yield results. In FY2022, the company incurred expenses of US$166.5 million on R&D, which as a percentage of revenue stood at 14.1%.