Private company

NATIONAL INSTRUMENTS CORP

American prepackaged software services company, incorporated in Delaware. Summary from the record

Last updated Oct 19, 2026.

Overview

  • IndustryServices-Prepackaged Software1
  • HeadquartersAustin, Texas1
  • Incorporated inDE2
  • Business address11500 North Mopac Expressway, Austin, Tx 787592
  • Filer categoryLarge accelerated filer2

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

67.7%Gross margin3
11.6%Operating margin3
8.4%Net margin3
12.7%Revenue growth, 20223
12.1%Return on equity3
-$5.2MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue32¢$534.7M
  • Research and development20¢$331.7M
  • Other costs36¢$602.1M
  • Interest1¢$16.6M
  • Income tax2¢$32.2M
  • Profit8¢$139.6M

Out of $1.7B in revenue.3

Where each dollar of operating cash went, fiscal 2022

  • Capital spending14¢$48.2M
  • Dividends paid42¢$147.8M
  • Share buybacks44¢$151.8M

Out of $43.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue45673$1.7B in 2022+35% since 2016
0$500.0M$1.0B$1.5B$2.0B2016: $1.2B$1.2B20162017: $1.3B$1.3B2017+5%2018: $1.4B$1.4B2018+5%2019: $1.4B$1.4B2019−0%2020: $1.3B$1.3B2020−5%2021: $1.5B$1.5B2021+14%2022: $1.7B$1.7B2022+13%
Gross profit45673$1.1B in 2022+23% since 2016
0$500.0M$1.0B$1.5B2016: $915.1M$915.1M20162017: $961.1M$961.1M2017+5%2018: $1.0B$1.0B2018+7%2019: $1.0B$1.0B2019−1%2020: $915.5M$915.5M2020−10%2021: $1.0B$1.0B2021+15%2022: $1.1B$1.1B2022+7%
Operating income45673$192.1M in 2022+60% since 2016
0$50.0M$100.0M$150.0M$200.0M2016: $119.7M$119.7M20162017: $145.8M$145.8M2017+22%2018: $172.9M$172.9M2018+19%2019: $174.6M$174.6M2019+1%2020: $199.6M$199.6M2020+14%2021: $118.2M$118.2M2021−41%2022: $192.1M$192.1M2022+63%
Net income45673$139.6M in 2022+69% since 2016
0$50.0M$100.0M$150.0M$200.0M2016: $82.7M$82.7M20162017: $52.4M$52.4M2017−37%2018: $155.1M$155.1M2018+196%2019: $162.2M$162.2M2019+5%2020: $143.7M$143.7M2020−11%2021: $89.3M$89.3M2021−38%2022: $139.6M$139.6M2022+56%
Fiscal year2016201720182019202020212022
Revenue$1.2B4$1.3B5$1.4B6$1.4B7$1.3B3$1.5B3$1.7B3
Cost of revenue$313.1M10$328.3M10$333.7M6$336.9M7$371.1M3$421.0M3$534.7M3
Gross profit$915.1M4$961.1M5$1.0B6$1.0B7$915.5M3$1.0B3$1.1B3
Research and development$235.7M4$231.8M5$261.1M6$272.5M7$280.4M3$336.0M3$331.7M3
Operating expenses$930.6M3$963.8M3
Operating income$119.7M4$145.8M5$172.9M6$174.6M7$199.6M3$118.2M3$192.1M3
Interest$151.0K6$40.0K7$1.9M3$3.8M3$16.6M3
Income before tax$103.6M3$171.9M3
Income tax$31.9M4$95.0M5$21.4M6$18.4M7$55.1M3$14.3M3$32.2M3
Net income$82.7M4$52.4M5$155.1M6$162.2M7$143.7M3$89.3M3$139.6M3
Earnings per share$0.644$0.405$1.176$1.237$1.103$0.683$1.063
Earnings per share (diluted)$0.644$0.405$1.166$1.227$1.093$0.673$1.053
Shares (weighted, basic)132.3M shares3131.7M shares3
Shares (weighted, diluted)133.6M shares3132.5M shares3

Compare NATIONAL INSTRUMENTS CORP with another company

Leadership

Who has led NATIONAL INSTRUMENTS CORP, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Alexander M. Davern2017–2019
  2. Eric Howard Starkloff2020–2023

President

  1. Alexander M. Davern2017–2018
  2. Eric Howard Starkloff2018–2023

Chief financial officer

  1. Alexander M. Davern2006–2016
  2. John Charles Roiko2017
  3. Karen Marie Rapp2017–2022
  4. Daniel Berenbaum2023

Chief operating officer

  1. Alexander M. Davern2010–2016
  2. Eric Howard Starkloff2018–2019
2010201520202025
Board members and other officers (30)

Former names

  • NATIONAL INSTRUMENTS CORP /DE/Jul 30, 1996 to Feb 10, 20162

Timeline

  1. Feb 4, 2020New chief executive Eric Howard Starkloff becomes CEO11
  2. Jan 25, 2017New chief executive Alexander M. Davern becomes CEO12

Filings

169 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 22 major events, 87 insider forms, 10 large holders, 42 other. The latest 20:

  1. Oct 23, 202315-12G FORM 15 EDGAR
  2. Oct 18, 20238-K EDGAR
  3. Oct 11, 202325-NSE EDGAR
  4. Oct 11, 20234 EDGAR
  5. Oct 11, 20234 EDGAR
  6. Oct 11, 20234 EDGAR
  7. Oct 11, 20234 EDGAR
  8. Oct 11, 20234 EDGAR
  9. Oct 11, 20234 EDGAR
  10. Oct 11, 20234 EDGAR
  11. Oct 11, 20234 EDGAR
  12. Oct 11, 20234 EDGAR
  13. Oct 11, 20234 EDGAR
  14. Oct 11, 20234 EDGAR
  15. Oct 11, 20234 EDGAR
  16. Oct 11, 2023S-8 POS EDGAR
  17. Oct 11, 2023S-8 POS EDGAR
  18. Oct 11, 2023S-8 POS EDGAR
  19. Oct 11, 2023S-8 POS EDGAR
  20. Oct 11, 2023S-8 POS EDGAR

The 169 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

34 open-market trades by officers, directors and large owners since October 2021: 1 buys and 33 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 25, 2023Favre RituExecutive Vice PresidentSale3,494$57.70$201.6KForm 4
May 17, 2023Rust Scott ArthurExecutive Vice PresidentSale29,821$57.98$1.7MForm 4
May 15, 2023DAVERN ALEXANDER MDirectorSale5,037$58.06$292.4KForm 4
Feb 1, 2023Starkloff Eric HowardPresident & CEOSale14,963$53.95$807.2KForm 4
Jan 31, 2023Starkloff Eric HowardPresident & CEOSale35,896$54.25$1.9MForm 4
Jan 31, 2023Rust Scott ArthurExecutive Vice PresidentSale2,094$54.25$113.6KForm 4
Jan 17, 2023Starkloff Eric HowardPresident & CEOSale1,200$54.40$65.3KForm 4
Jan 13, 2023Starkloff Eric HowardPresident & CEOSale2,100$46.86$98.4KForm 4
Dec 31, 2022Green Jason ElliotChief Revenue Officer & EVPSale8,026$36.90$296.2KForm 4
Dec 1, 2022Starkloff Eric HowardPresident & CEOSale900$42.00$37.8KForm 4
Nov 10, 2022Starkloff Eric HowardPresident & CEOSale800$40.00$32.0KForm 4
Nov 1, 2022Favre RituExecutive Vice PresidentSale1,437$38.18$54.9KForm 4
Aug 15, 2022Starkloff Eric HowardPresident & CEOSale900$42.00$37.8KForm 4
Aug 12, 2022Green Jason ElliotChief Revenue Officer & EVPSale5,000$41.46$207.3KForm 4
Aug 8, 2022Starkloff Eric HowardPresident & CEOSale800$40.00$32.0KForm 4
Aug 1, 2022Green Jason ElliotChief Revenue Officer & EVPSale5,000$38.59$192.9KForm 4
May 31, 2022Green Jason ElliotChief Revenue Officer & EVPSale2,500$34.51$86.3KForm 4
May 27, 2022Green Jason ElliotChief Revenue Officer & EVPSale2,500$34.97$87.4KForm 4
May 2, 2022Starkloff Eric HowardPresident & CEOSale19,032$36.14$687.8KForm 4
May 2, 2022Rust Scott ArthurExecutive Vice PresidentSale4,921$36.14$177.8KForm 4

All 34 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51