National Instruments

Turning powerful possibilities into real solutions with our open, software-defined platform for automated test and automated measurement systems.

Launch date

1976

Employees

5001-10000 people

Market cap

Enterprise valuation

€7.5b (Public information from 2024)

Austin Texas (HQ)

http://www.ni.com

https://twitter.com/niglobal https://www.linkedin.com/company/national-instruments

Revenues, earnings & profits over time

USD	2019	2020	2021	2022	2023	2024	2025
Revenues	1.4b	1.3b	1.5b	1.7b	1.8b	1.9b	2.0b
% growth	-	(5 %)	14 %	13 %	6 %	7 %	7 %
EBITDA	196m	(32.9m)	218m	216m	457m	507m	548m
% EBITDA margin	15 %	(3 %)	15 %	13 %	26 %	27 %	27 %
Profit	162m	144m	89.3m	140m	175m	252m	245m
% profit margin	12 %	11 %	6 %	8 %	10 %	13 %	12 %
EV / revenue	3.8x	4.3x	4.0x	3.2x	4.7x	4.4x	4.0x
EV / EBITDA	26.4x	-170.1x	27.1x	24.4x	18.1x	16.2x	14.8x
R&D budget	272m	280m	336m	332m	-	-	-
R&D % of revenue	20 %	22 %	23 %	20 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
Mar 1995	N/A	N/A	IPO
Aug 2014	Ontario Centre of Innovation	$60.0k	Grant
Apr 2023*	Emerson Electric	$8.2b Valuation: $8.2b 4.9x EV/LTM Revenues 38.0x EV/LTM EBITDA	Acquisition
Total Funding		€54.5k

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 6 Israel 2 Belgium 1 Denmark 1 France 1 Germany 1

By Industry

Semiconductors 7 Transportation 3 Education 1 Telecom 1

By Round

ACQUISITION 11 SERIES B 1

ACQUISITION by National Instruments Jul 2020

ACQUISITION by National Instruments May 2011

ACQUISITION by National Instruments Nov 2012

MicroLEX Systems

ACQUISITION by National Instruments Feb 2008

ACQUISITION by National Instruments Dec 2003

ACQUISITION by National Instruments Mar 2015

ACQUISITION by National Instruments Jan 2013

ACQUISITION by National Instruments Oct 2015

ACQUISITION by National Instruments May 2021