
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.Read MoreShow Less
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.
Listed market data
DelistedIRBT · NASDAQ · weeklyHistory →Ownership & Control
Latest available filings- Controlling entity
- Privately held (no public ownership data)
- Company type
- Brand
- Insiders
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- 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- IRBT DEADLINE ALERT: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages iRobot Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - IRBT - TMX Newsfilewww.newsfilecorp.com2026-09-29
- iRobot Redefines Floor Care with the Introduction of a 5-in-1 Disinfecting Hard Floor Cleaner Along with a New Generation of Roomba Robots - Jul 7, 2026 - iRobot MediaKitmedia.irobot.com2026-07-07
- 1st Circ. Partially Revives IRobot, Amazon Merger Suit - Law360www.law360.com2026-06-08
- iRobot Launches Roomba® Mini Robot Vacuum & Mop + AutoEmpty™ Dock in UK and Europe - Mar 10, 2026 - iRobot MediaKitmedia.irobot.com2026-03-10
- iRobot Completes Court-Supervised Transaction with Picea, Enabling the Next Chapter of Growth - iRobot MediaKitmedia.irobot.com2026-01-23
Quick Facts
Headquarters
Bedford, Massachusetts, United States
Founded
1990
Employees
500+
Market cap
$14.8 M
Presence
60+ Countries
Listing
NASDAQ: IRBTCategories
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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.
