Generated approximately $62 million in revenue last year (2015).
Active in the global robot arm market

Universal Robots has reaffirmed the infinite growth potential of the robotics industry with its recently released financial statements. Generating revenue of approximately 418 million Danish kroner (approximately US$62 million) last year (2015), Universal Robots achieved a profit of approximately 65.4 million Danish kroner (approximately US$9.65 million), recording a revenue growth rate of about 91% compared to 2014.

Last spring, the U.S. IT company Teradyne attracted significant attention in the industry by acquiring Universal Robots for approximately $285 million. Universal Robots, with a headquarters workforce of around 150 employees, has consistently demonstrated the high growth potential of the industrial robot market. In particular, boasting easy installation, simple operation, and reasonable costs, it has continued to expand the high growth potential of the industrial collaborative robot market by guaranteeing corporate production efficiency and product quality as a robot that collaborates safely with humans.


Universal Robots is the company that invented the world's first collaborative robot, and the first collaborative robot was sold in December 2008. Experts predict that the collaborative robot market, which was estimated at $100 million in 2015, will grow to approximately $3 billion by 2020. In this way, Teradyne acquired Universal Robots, a leader in collaborative robots, and secured a firm position in the collaborative robot market, which has high growth potential.



Universal Robots, which achieved revenue of approximately 418 million Danish kroner (approx. US$62 million) last year, grew by 91% compared to 2014 and 223% compared to 2013, and recorded a profit of approximately 65.4 million Danish kroner (approx. US$9.65 million), an increase of 122% compared to 2014. In 2015, the profit growth rate was higher than the revenue growth rate, indicating that the robot manufacturer reduced robot manufacturing costs while increasing profits.

Universal Robots has recorded a continuous sales growth rate of nearly 75% on average every year since 2012. Universal Robots' robot arms, manufactured in Odense, Denmark, are sold through more than 200 distributors, with sales in Europe (45%), the Americas (30%), and Asia (25%) as of 2015.

Teradyne stated that it will strive to help Universal Robots maintain its leading position in the collaborative robot market through continuous investment. In fact, Universal Robots' development team has more than doubled its workforce last year, including additional robot developers hired.

Enrico Krog Iversen, CEO of Universal Robots, said, “Collaborative robots have the advantage of having a low burden of initial investment costs because the investment can usually be recouped within one year. “Based on these advantages, we forecast that the collaborative robot industry market will continue to grow by more than 50% annually,” he stated, adding, “Universal Robotics is constantly investing in sales, development, and customer support to maintain its position as a leader in the collaborative robot industry.” He also predicted, “Although I will be stepping down from the CEO position in the second half of this year, I am confident that Universal Robots will continue to grow steadily under the three keywords of ‘focus,’ ‘simplicity,’ and ‘steadfast management.’”