iRobot Corp - Company Profile
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iRobot Corp (iRobot) is a designer, developer, and marketer of consumer robotic products. The company offers vacuum cleaning, air purifiers and floor mopping products in various series under iRobot, Roomba, and Braava brand names. It also offers accessories such as replenishment kits, brushes, chargers, batteries, wheels, mopping pads, sweeping pads for Roomba and Braava robots. The company markets its products through a network of retailers, distributors, and online through e-commerce websites. It operates offices in the US, the UK, Germany, France, Switzerland, Belgium, Austria, China, Hong Kong, Japan, The Netherlands, Portugal, and Spain. iRobot is headquartered in Bedford, Massachusetts, the US.
Headquarters
United States of America
Address
8 Crosby Dr, Bedford, Massachusetts, 01730-1402
Website
www.irobot.com
Telephone
1 781 4303000
No of Employees
1,113
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
IRBT (NASD)
Revenue (2022)
$890.6M
-24.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-6.4%
(2022 vs 2021)
Market Cap*
$219.5M
Net Profit Margin (2022)
XYZ
-41.4%
(2022 vs 2021)
* As of and is in US$
iRobot Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Floor Care Robots | iRobot |
| Coding Robots | Roomba |
| Handheld Vacuum | Braava |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In April, the company launched the Roomba Combo Essential robot. |
| 2024 | Plans/Strategy | In January, the company announced its plans to end its merger deal with Amazon for US$1.4 billion. |
| 2023 | New Products/Services | In September, the company launched the Roomba Combo j9+ robot vacuum and mop and the Roomba j9+ robot vacuum. |
Competitor Comparison
| Key Parameters | iRobot Corp | Samsung Electronics Co Ltd | Hitachi Ltd | Panasonic Holdings Corp | Midea Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | South Korea | Japan | Japan | China |
| City | Bedford | Suwon | - | Kadoma-Shi | Foshan |
| State/Province | Massachusetts | Seoul | Tokyo | Osaka | Guangdong |
| No. of Employees | 1,113 | 98,557 | 322,525 | 233,391 | 198,613 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andrew Miller | Chairman | Executive Board | 2024 | 62 |
| Julie Zeiler | Chief Financial Officer; Executive Vice President | Senior Management | 2020 | 57 |
| Chris Jones | Chief Technology Officer | Senior Management | - | - |
| Kiran Smith | Chief Marketing Officer | Senior Management | 2020 | - |
| Glen D. Weinstein | Chief Legal Officer; Executive Vice President | Senior Management | 2012 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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