undamentalytics Newsletter

Electronic Equipment & Instruments stocks

56 US-listed companies in electronic equipment & instruments, with $44.4bn of combined revenue in their latest fiscal years. Roper Technologies is the largest ($7.9bn). The fastest grower with at least $100m of revenue in both years is Canaan Inc., up 96.7%. The median company grew 7.9% with a net margin of 4.9%.

Companies56
Combined revenue$44.4bn
Median revenue growth7.9%
Median net margin4.9%
Median return on equity8.4%
#CompanyRevenueGrowthNet marginROEFiscal year
1 Roper TechnologiesROP $7.9bn 12.3% 19.4% 7.9% 2025
2 Teledyne TechnologiesTDY $6.1bn 7.9% 14.6% 8.9% 2025
3 Zebra TechnologiesZBRA $5.4bn 8.3% 7.8% 11.7% 2025
4 Keysight TechnologiesKEYS $5.4bn 8.0% 15.8% 15.5% 2025
5 Vontier CorpVNT $3.1bn 3.2% 13.2% 35.4% 2025
6 Itron, Inc.ITRI $2.4bn −3.0% 12.7% 19.4% 2025
7 Ralliant CorpRAL $2.1bn −4.0% −59.1% −45.3% 2025
8 OSI Systems IncOSIS $1.8bn 4.3% 8.7% 17.3% 2026
9 Crane NXT, Co.CXT $1.7bn 11.4% 8.8% 12.5% 2025
10 Cognex CorpCGNX $994m 8.7% 11.5% 7.6% 2025
11 Mirion Technologies, Inc.MIR $925m 7.5% 3.1% 1.7% 2025
12 Badger Meter IncBMI $917m 10.9% 15.5% 21.5% 2025
13 Daktronics IncDAKT $839m 10.9% 5.4% 15.8% 2026
14 Canaan Inc.CAN $530m 96.7% −39.7% −59.8% 2025
15 Arlo Technologies, Inc.ARLO $529m 3.6% 2.8% 13.1% 2025
16 Powerfleet, Inc.AIOT $444m 22.4% −4.6% −4.5% 2026
17 3d Systems CorpDDD $387m −12.1% 7.7% 14.3% 2025
18 Ituran Location & Control Ltd.ITRN $359m 6.8% 16.1% 28.8% 2025
19 Transcat IncTRNS $332m 19.2% 1.6% 1.8% 2026
20 Turtle Beach CorpTBCH $320m −14.2% 4.9% 12.6% 2025
21 Nlight, Inc.LASR $261m 31.6% −9.0% −10.6% 2025
22 Kornit Digital Ltd.KRNT $208m 2.1% −6.5% −1.9% 2025
23 Napco Security Technologies, IncNSSC $202m 11.4% 21.3% 23.9% 2026
24 Ouster, Inc.OUST $169m 52.5% −35.6% −27.3% 2025
25 Planet Image International LtdYIBO $155m 3.6% −5.3% −14.4% 2025
26 Evolv Technologies Holdings, Inc.EVLV $146m 40.5% −22.7% −28.0% 2025
27 Intest CorpINTT $114m −12.9% −2.2% −2.5% 2025
28 Geospace Technologies CorpGEOS $111m −18.3% −8.8% −7.5% 2025
29 Boxlight CorpBOXL $109m −19.6% −21.8% — 2025
30 Lightpath Technologies IncLPTH $72m 92.8% −28.6% −24.9% 2026
31 Frequency Electronics IncFEIM $63m −9.4% −1.4% −1.6% 2026
32 Innoviz Technologies Ltd.INVZ $55m 127.0% −123.1% −86.6% 2025
33 Rekor Systems, Inc.REKR $48m 5.3% −64.9% −81.7% 2025
34 Multi Ways Holdings LtdMWG $45m 44.1% −1.0% −2.0% 2025
35 Optex Systems Holdings IncOPXS $41m 21.6% 12.5% 23.9% 2025
36 Genasys Inc.GNSS $41m 69.8% −44.4% −183.6% 2025
37 Kopin CorpKOPN $39m −21.9% 6.6% 6.0% 2025
38 Senstar Technologies CorpSNT $36m 1.7% 8.8% 8.0% 2025
39 Syntec Optics Holdings, Inc.OPTX $28m −1.3% −6.4% −17.4% 2025
40 Supercom LtdSPCB $28m 0.9% 13.4% 13.6% 2025
41 Virtra, IncVTSI $22m −15.0% 1.2% 0.6% 2025
42 Data I/o CorpDAIO $22m −1.2% −24.4% −33.6% 2025
43 Aeva Technologies, Inc.AEVA $18m 99.4% −804.4% — 2025
44 Birchtech Corp.BCHT $18m 1.3% −17.2% — 2025
45 Interlink Electronics IncLINK $12m 1.8% −13.6% −16.4% 2025
46 Knightscope, Inc.KSCP $11m 4.9% −298.3% −155.3% 2025
47 WF Holding LtdWFF $7m 61.9% −64.4% −127.3% 2025
48 Vuzix CorpVUZI $6m 9.1% −513.9% −104.1% 2025
49 Energous CorpWATT $6m 633.1% −170.4% −168.0% 2025
50 Multisensor AI Holdings, Inc.MSAI $6m −25.0% −211.0% −52.9% 2025
51 Serve Robotics Inc.SERV $3m 46.2% −3823.5% −42.0% 2025
52 Maris Tech Ltd.MTEK $1m −77.9% −403.3% −168.6% 2025
53 Microvision, Inc.MVIS $1m −74.3% −7862.7% −182.1% 2025
54 Wearable Devices Ltd.WLDS $647,000 23.9% −1253.0% −72.3% 2025
55 Focus Universal Inc.FCUV $255,023 −35.9% −1877.4% −166.0% 2025
56 Aeye, Inc.LIDR $233,000 15.3% −14574.2% −70.4% 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other technology industries

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.