Thorlabs Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Thorlabs

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Thorlabs Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	332216 Saw Blade & Handtool Manufacturing
Additional NAICS Codes	332 Fabricated Metal Product Manufacturing 333314 Optical Instrument & Lens Manufacturing
Address	56 Sparta Ave Newton, NJ 07860

Note: Revenues for privately held companies are statistical evaluations.


Thorlabs's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Thorlabs's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Thorlabs is classified as operating in the Saw Blade & Handtool Manufacturing industry, NAICS Code 332216.

Thorlabs Annual Revenue and Growth Rate

Thorlabs	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Thorlabs's revenues are gauged from an analysis of company filings.

Thorlabs's Income Statement (based on Industry Averages)

Thorlabs P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Thorlabs is developing and marketing. Thorlabs doesn't have any recent trademark applications, indicating Thorlabs is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
VANTAGEPRO Galvanometers for laser beam steering, laser marking, laser machining, and digital imaging	09/13/2022
ELLIPTEC Optomechanical devices being scientific apparatuses, namely, motorized one-axis positioners, motorized rotation stages, motorized optomechanical mounts and positioners, motorized electric actuators, motorized mounting platforms, motorized translation stages, optomechanical devices being scientific apparatuses in the nature of translation stages, optomechanical mounts, translation optomechanical mounts, rotation optomechanical mounts, optomechanical filter mounts	06/04/2021
VENETO Microscopes; Microscopes and parts thereof; Microscopes and parts thereof, namely, illumination modules, illumination sources, imaging components, multi-position objective turret, revolving filter turret; Microscopes and parts thereof, namely, a vertically-integrated microscope	12/16/2020

See all trademarks and details in the Full Report.

Market Share of Thorlabs's Largest Competitors

A competitive analysis shows these companies are in the same general field as Thorlabs, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
PRECISION METALS GROUP	Mentor, OH	100
RP TOOLS	Houston, TX	55
INLAND MIDWEST	Elmhurst, IL	45
LIE-NIELSEN TOOLWORKS	Warren, ME	33
GREAT LAKES CARBIDE TOOL MFG I	Peshtigo, WI	32
MERITOOL	Salamanca, NY	23
U.S. BLADE MFG.	Cranford, NJ	16
PRECISION COMPONENTS & ASSEMBLIES	Saint Peters, MO	16
PRECISION SAW WORKS	Polkton, NC	15

Nearby Competitors

These companies are similar in business line and location to Thorlabs. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
THORLABS	Newton, NJ	100
FRAZIER INDUSTRIAL	Long Valley, NJ	44
AIRSIDE SHEET METAL	Andover, NJ	4
SERVICE METAL FABRICATING	Rockaway, NJ	3
COLINEAR MACHINE & DESIGN HOLDINGS	Sparta, NJ	2
INDUSTRIAL SERVICES ENTERPRISES	Dover, NJ	2
FETTE COMPACTING AMERICA	Rockaway, NJ	2
AEROSPHERE POWER	Augusta, NJ	2
TROLEX	Randolph, NJ	2
WIRE CLOTH MANUFACTURERS	Mine Hill, NJ	2

Future Competition: Thorlabs's Fastest Growing Competitors

These companies are in the same general field as Thorlabs and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)