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iRobot Corporation
Brand VerifiedUnited States

iRobot Corporation

iRobot

iRobot Corporation is the American consumer robotics company behind the Roomba robot vacuum cleaner, founded in 1990 and headquartered at 8 Crosby Drive, Bedford, Massachusetts.
Incorporated in California in August 1990 as IS Robotics, Inc., it reincorporated in Massachusetts in 1994 and became iRobot Corporation in Delaware in December 2000, later listing on Nasdaq under ticker IRBT. The company reports having sold more than 50 million consumer robots worldwide since the Roomba was introduced in 2002.
Its business is the design, manufacture, marketing and support of home cleaning robots: Roomba robot vacuum cleaners, Braava floor moppers and related accessories and consumables, sold through retailers, distributors and direct-to-consumer channels in the United States, EMEA, Japan and other regions. Research and development is concentrated at its Bedford headquarters and in China, and the company holds several hundred U.S. patents plus more than 1,200 foreign patents covering cleaning, mapping and navigation.
Financially, iRobot contracted sharply as competition intensified. Revenue fell to US$681.8 million in fiscal 2024 from US$890.6 million in 2023 and US$1.18 billion in 2022, with a net loss of US$145.5 million and 541 full-time employees at year-end after a restructuring that cut about 440 roles, about 40% of the workforce. In December 2025 the company filed for Chapter 11 in Delaware with a prepackaged plan supported by Shenzhen PICEA Robotics, emerged on 23 January 2026 under new ownership, and its common stock was delisted from Nasdaq and cancelled. It continues to operate as a private, Bedford-based consumer robotics business and launched new Roomba models in 2026.
Its industry position is that of the pioneer that created and then lost dominance of the consumer robot vacuum market, and the case study in pricing pressure from low-cost competitors.
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United StatesFounded 1990500+ / 100
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

DelistedIRBT · NASDAQ · weeklyHistory →
Market cap
$14.8 M
Share price
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1Y change
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Recent change
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Since first close
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· updated 2026-10-19Source ↗

Ownership & Control

Latest available filings
Controlling entity
Privately held (no public ownership data)
Company type
Brand
Insiders
—
Institutions
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Free float
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Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.

In the press

All coverage →5 latest headlines12
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

iRobot Corporation, headquartered in Bedford, Massachusetts, is a pioneering force in home robotics and the creator of the Roomba brand, which has become synonymous with robot vacuums globally. Founded in 1990, the company operates as an original brand manufacturer with all production outsourced to contract manufacturers. In December 2025, iRobot filed for Chapter 11 bankruptcy protection and is being assumed by its primary creditor and contract manufacturer Picea (Shenzhen Bihai) and affiliates. The company's stock was delisted from NASDAQ and now trades over-the-counter.

Core Business

iRobot's core business centers on floor cleaning robotics, anchored by its flagship Roomba line of robot vacuums, the Braava family of robot mops, and the 2025 Roomba Max 705 series. The company also operates in smart home integration through its proprietary iRobot OS platform, which enables connectivity and automation across connected devices. Its PrecisionVision navigation technology provides advanced obstacle detection and mapping capabilities, allowing robots to navigate complex home environments with increasing sophistication. The brand maintains a distinctive niche in pet households through its Pet Owner Official Promise commitment, catering to the specific cleaning challenges faced by pet owners.

Global Presence

iRobot maintains its primary operations in the United States, with particularly strong search popularity and market presence in the US and Japan. The company's workforce has been significantly reduced, shrinking from 1,500 employees to approximately 500-600 following multiple rounds of layoffs throughout 2024-2025. Production is entirely outsourced to contract manufacturers, with its primary partner Picea employing over 7,000 people and providing vertical integration stability. Despite operating at a diminished scale following its Chapter 11 filing, the Roomba brand retains global recognition as the benchmark for robotic floor cleaning solutions.

Key Strengths

Despite severe financial difficulties, iRobot retains remarkable brand equity, scoring 96/100 in brand influence—the Roomba name remains the global benchmark for robotic vacuums. The company scores well on supply chain management at 85/100 through its partnership with Picea, which provides vertical integration stability. User satisfaction remains strong at 82/100, with particular praise for its obstacle avoidance algorithms and privacy protection features, though hardware specifications have only recently caught up to competitors from China.

VerityRank Score

VerityRank Score of 76/100

Quick Facts

Headquarters

Bedford, Massachusetts, United States

Founded

1990

Employees

500+

Market cap

$14.8 M

Presence

60+ Countries

Categories
Home FurnitureFloor Cleaning IndustryFloor Scrubber IndustryHome Cleaning Appliances BrandsHome Cleaning Appliances IndustrySweeping Machine IndustrySweeping and Mopping Robot Industry

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Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Refer to the official company website and public filings.