iRobot’s reported scale changed sharply across fiscal 2021–2024: revenue, robot shipments, staffing and operating results all moved materially over the period. The figures below distinguish worldwide company shipments from customer measures, GAAP from non-GAAP results, and historical tariff disclosures from current operating data.
Key iRobot Statistics
The most broadly useful iRobot statistics in this overview are:
- $681.849 million in total revenue was reported by consolidated iRobot for fiscal 2024, ended December 28, 2024.
- 2.463 million robot units shipped worldwide were reported by iRobot in fiscal 2024.
- More than 50 million consumer robots sold worldwide was iRobot’s cumulative statement by its fiscal 2024 filing.
- $1.565 billion in total revenue was reported by consolidated iRobot for fiscal 2021, ended January 1, 2022.
- 17.6 million connected customers worldwide were reported at the end of fiscal 2022.
- 26% growth in connected customers was reported from 2021 to 2022 for iRobot’s worldwide customer base.
- 80% of worldwide robot sales in fiscal 2024 came from mid-tier robots priced at $300–$499 MSRP and premium robots priced at $500 or more.
- $340 average gross selling price per robot was reported for worldwide iRobot shipments in fiscal 2024.
- $172.0 million in consolidated revenue was reported for the fourth quarter of 2024.
- 47% lower United States revenue year over year was reported for the fourth quarter of 2024.
- $103.0 million GAAP operating loss was reported by consolidated iRobot for fiscal 2024.
- 541 global employees remained at the end of fiscal 2024.
- $126.4 million in operating-expense reduction was reported for fiscal 2024 versus fiscal 2023, excluding specified one-time benefits.
- $134.3 million in cash and cash equivalents was held by consolidated iRobot on December 28, 2024.
- $76.0 million in inventory was held by consolidated iRobot on December 28, 2024.
- $26.6 million in manufacturing-transition charges was recorded for fiscal 2024.
- $40.0 million of restricted cash was drawn for inventory purchases in the fourth quarter of 2024.
- 25% historical tariff rate on Roomba products imported from China was described in iRobot’s fiscal 2021 filing as eliminated by a 2020 Section 301 exclusion.
Contents
- Revenue, shipments and long-term scale
- Financial trends and profitability
- Connected customers, product mix and pricing
- Geographic revenue and quarterly performance
- Workforce, costs and restructuring
- Cash, inventory, tariffs and financial risk
iRobot Revenue, Shipments and Long-Term Scale
iRobot’s fiscal calendar uses 52- or 53-week years. The reported revenue and shipment series shows a smaller consolidated business in fiscal 2024 than in fiscal 2021, while the cumulative installed history remained substantial.
| Fiscal period | Total revenue | Robot units shipped |
|---|---|---|
| FY2021, ended January 1, 2022 | $1.564987 billion | 5.602 million |
| FY2022, ended December 31, 2022 | $1.183383 billion | 4.182 million |
| FY2023, ended December 30, 2023 | $890.580 million | 3.034 million |
| FY2024, ended December 28, 2024 | $681.849 million | 2.463 million |
Source: iRobot Corporation Annual Report for fiscal 2024 and iRobot Corporation Annual Report for fiscal 2021.
The shipment figures are worldwide company shipments, not retail sell-through, end-user purchases or an active installed-base estimate. iRobot said it had sold more than 50 million consumer robots worldwide by its fiscal 2024 filing; that cumulative statement is not a precise audited total.
iRobot Financial Trends and Profitability Statistics
Fiscal 2024 included both GAAP losses and separately presented non-GAAP measures. The measures should not be treated as interchangeable: iRobot defines non-GAAP figures separately, and they are not substitutes for GAAP results.
- Fiscal 2024 GAAP gross profit was $142.357 million, while GAAP gross margin was 20.9%.
- Fiscal 2024 non-GAAP gross margin was 21.9%; the company’s release noted a $26.6 million manufacturing-transition charge affecting GAAP margin.
- Fiscal 2024 GAAP operating loss was $103.0 million, compared with a fiscal 2024 non-GAAP operating loss of $117.8 million.
- Fiscal 2024 GAAP net loss per diluted share was $4.92.
- Fiscal 2023 GAAP operating loss was $264.1 million, while fiscal 2022 GAAP net loss was $286.3 million.
- Fiscal 2021 non-GAAP operating income was $38.256 million, equal to a 2.4% non-GAAP operating margin.
Sources: iRobot Reports Fourth-Quarter and Full-Year 2024 Financial Results, fiscal 2024 Annual Report, fiscal 2022 Annual Report, and fiscal 2021 Annual Report.
iRobot Connected Customers, Product Mix and Pricing Data
Connected customers are a company-defined measure, not a survey estimate of active users during a specified period. iRobot reported 17.6 million connected customers worldwide at the end of fiscal 2022, with connected customers up 26% from 2021 to 2022.
Source: iRobot Corporation Annual Report for fiscal 2022.
The company’s price-band data describes MSRP categories and robot sales, while average gross selling price describes worldwide shipments. These are different measures and should not be read as consumer street prices.
| Period | $300–$499 MSRP plus $500+ MSRP share | Average gross selling price |
|---|---|---|
| FY2021 | Not supplied in this comparison | $332 per robot |
| FY2022 | Not supplied in this comparison | $337 per robot |
| FY2023 | 83% of robot sales | $360 per robot |
| FY2024 | 80% of robot sales | $340 per robot |
| Q4 2023 | 82% of robot sales | Not supplied |
| Q4 2024 | 83% of robot sales | Not supplied |
Source: fiscal 2024 Annual Report, iRobot’s fourth-quarter and full-year 2024 results, and fiscal 2021 Annual Report.
iRobot Geographic Revenue and Quarterly Performance Statistics
The fourth quarter of 2024 provides a period-specific view of revenue pressure across iRobot’s reported geographies. These changes include foreign-currency effects where the company specified them and should not be generalized to every quarter or fiscal year.
- Consolidated Q4 2024 revenue was $172.0 million.
- Q4 2024 revenue was down 47% year over year in the United States.
- Q4 2024 revenue was down 34% year over year in Japan, including foreign-currency effects.
- Q4 2024 revenue was down 44% year over year in EMEA, meaning Europe, the Middle East and Africa, including foreign-currency effects.
- Q4 2024 GAAP gross margin was 9.5%, affected by an $8.2 million manufacturing-transition charge.
- Q4 2024 GAAP operating expenses were $77.5 million, and GAAP operating loss was $61.0 million.
- Q3 2024 consolidated revenue was $193.435 million, with a 32.2% GAAP gross margin.
Source: iRobot Reports Fourth-Quarter and Full-Year 2024 Financial Results and fiscal 2024 Annual Report.
iRobot Workforce, Operating Costs and Restructuring Statistics
iRobot ended fiscal 2024 with 541 employees, compared with 1,113 employees at the end of fiscal 2023. The company described the fiscal 2024 reduction as approximately 440 employees, or about 40% of the global workforce at December 30, 2023.
Source: fiscal 2024 Annual Report.
| Consolidated expense | FY2023 | FY2024 |
|---|---|---|
| Research and development | $143.526 million | $93.283 million |
| Selling and marketing | $199.304 million | $138.828 million |
Source: iRobot Corporation Annual Report for fiscal 2024.
The company said fiscal 2024 operating expenses were reduced by $126.4 million versus fiscal 2023, excluding a $75.2 million parent-termination-fee benefit and a $13.5 million litigation-settlement benefit. Those exclusions matter because the reported reduction is not a simple comparison of every one-time item.
iRobot Cash, Inventory, Tariffs and Financial-Risk Statistics
Balance-sheet figures provide a snapshot rather than a full-year cash-flow measure. iRobot held $134.3 million in cash and cash equivalents on December 28, 2024, compared with $99.4 million at the end of Q3 2024 on September 28, 2024.
- Inventory was $76.0 million on December 28, 2024, compared with $152.5 million at the end of Q4 2023.
- Inventory was $149.2 million on September 28, 2024, the end of Q3 2024.
- iRobot had $41.1 million of additional restricted cash on September 28, 2024 set aside for future term-loan repayment; the company said $40.0 million was later drawn for inventory purchases.
- The fiscal 2024 manufacturing-transition charge was $26.6 million for the full year, including $8.2 million in Q4 2024; the company tied the charge to excess component inventory and non-cancelable purchase commitments.
Source: iRobot Reports Fourth-Quarter and Full-Year 2024 Financial Results and fiscal 2024 Annual Report.
Historical tariff disclosures describe policy exclusions, refunds and receivables, not current consumer prices or current operating revenue. In its fiscal 2022 filing, iRobot said a Section 301 tariff exclusion entitled it to an approximately $32.0 million refund tied to 2022–2023 activity; it had received $26.8 million by December 31, 2022, with $5.2 million recorded as a receivable.
The fiscal 2021 filing described a 2020 exclusion as eliminating a 25% tariff on Roomba products imported from China and as entitling iRobot to approximately $57.0 million in historical refunds for tariffs paid since Section 301 tariffs were imposed. These are separate historical disclosures and should not be combined into one current refund figure.
Sources: iRobot Corporation Annual Report for fiscal 2022 and iRobot Corporation Annual Report for fiscal 2021.