Akoustis (AKTS) Revenue & Revenue Breakdown
Akoustis Revenue Highlights
Latest Revenue (Y)
$27.12M
Latest Revenue (Q)
$7.51M
Main Segment (Y)
Other Segments
Main Geography (Y)
Other Member
Akoustis Revenue by Period
Akoustis Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-06-30 | $27.12M | 76.68% |
| 2022-06-30 | $15.35M | 131.94% |
| 2021-06-30 | $6.62M | 269.72% |
| 2020-06-30 | $1.79M | 24.05% |
| 2019-06-30 | $1.44M | 19.47% |
| 2018-06-30 | $1.21M | 7020.17% |
| 2017-06-30 | $16.96K | 100.00% |
| 2016-06-30 | - | 100.00% |
| 2015-06-30 | - | 100.00% |
| 2014-07-31 | - | - |
Akoustis generated $27.12M in revenue during NA 2023, up 76.68% compared to the previous quarter, and up 2245.37% compared to the same period a year ago.
Akoustis Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $7.51M | 7.03% |
| 2023-12-31 | $7.02M | 0.21% |
| 2023-09-30 | $7.00M | -15.97% |
| 2023-06-30 | $8.33M | 13.28% |
| 2023-03-31 | $7.36M | 25.42% |
| 2022-12-31 | $5.87M | 5.37% |
| 2022-09-30 | $5.57M | 6.96% |
| 2022-06-30 | $5.20M | 12.96% |
| 2022-03-31 | $4.61M | 25.46% |
| 2021-12-31 | $3.67M | 96.57% |
| 2021-09-30 | $1.87M | -13.40% |
| 2021-06-30 | $2.16M | -14.30% |
| 2021-03-31 | $2.52M | 92.43% |
| 2020-12-31 | $1.31M | 105.66% |
| 2020-09-30 | $636.00K | 73.77% |
| 2020-06-30 | $366.00K | 0.83% |
| 2020-03-31 | $363.00K | -29.92% |
| 2019-12-31 | $518.00K | -4.60% |
| 2019-09-30 | $543.00K | -20.00% |
| 2019-06-30 | $678.71K | 185.82% |
| 2019-03-31 | $237.46K | -26.54% |
| 2018-12-31 | $323.28K | 58.82% |
| 2018-09-30 | $203.55K | 14.38% |
| 2018-06-30 | $177.96K | -37.43% |
| 2018-03-31 | $284.41K | -36.02% |
| 2017-12-31 | $444.55K | 47.72% |
| 2017-09-30 | $300.94K | 12113.47% |
| 2017-06-30 | $2.46K | -83.01% |
| 2017-03-31 | $14.50K | 100.00% |
| 2016-12-31 | - | 100.00% |
| 2016-09-30 | - | 100.00% |
| 2016-06-30 | - | 100.00% |
| 2016-03-31 | - | 100.00% |
| 2015-12-31 | - | 100.00% |
| 2015-09-30 | - | 100.00% |
| 2015-06-30 | - | 100.00% |
| 2015-04-30 | - | 100.00% |
| 2015-01-31 | - | 100.00% |
| 2014-10-31 | - | 100.00% |
| 2014-07-31 | - | 100.00% |
| 2014-04-30 | - | 100.00% |
| 2014-01-31 | - | 100.00% |
| 2013-10-31 | - | 100.00% |
| 2013-07-31 | - | - |
Akoustis generated $7.51M in revenue during Q3 2024, up 7.03% compared to the previous quarter, and up 128.05% compared to the same period a year ago.
Akoustis Revenue Breakdown
Akoustis Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Jun 22 | Jun 21 | Jun 20 | Jun 19 | Jun 18 |
|---|---|---|---|---|---|
| Other Segments | $15.35M | $6.62M | - | - | - |
| FoundryAndFabricationServicesMember | - | $2.85M | - | - | - |
| RFProductMember | - | $3.77M | - | - | - |
| FoundryFabricationServicesRevenueMember | - | - | $991.00K | - | - |
| ProductSalesRevenueMember | - | - | $799.00K | - | - |
| Grant Revenue | - | - | - | $109.00K | - |
| RF Filters | - | - | - | - | $53.64K |
| Foundry Fabrication Services | - | - | - | - | $1.01M |
Akoustis's latest annual revenue breakdown by segment (product or service), as of Jun 22: Other Segments (100.00%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Member | $7.51M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Segments | - | $11.14M | $5.57M | $5.20M | $4.61M | $3.67M | $1.87M | $2.16M | $2.52M | $1.31M | $636.00K | - | - | - | - | - | - | - | - | - |
| FoundryAndFabricationServicesMember | - | - | - | - | $407.00K | $384.00K | $413.00K | $584.00K | $1.54M | $670.00K | $57.00K | - | - | - | - | - | - | - | - | - |
| RFProductMember | - | - | - | - | $4.20M | $3.29M | $1.46M | $1.57M | $980.00K | $638.00K | $579.00K | - | - | - | - | - | - | - | - | - |
| ProductSalesRevenueMember | - | - | - | - | - | - | - | - | - | - | - | $292.00K | - | - | - | - | - | - | - | - |
| FoundryFabricationServicesRevenueMember | - | - | - | - | - | - | - | - | - | - | - | $74.00K | - | - | - | - | - | - | - | - |
| Total | - | - | - | - | - | - | - | - | - | - | - | - | $363.00K | $518.00K | - | - | - | - | - | - |
| Foundry Fabrication Services Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $232.00K | $323.00K | $361.00K | $491.03K | - | - | - | - |
| RF Filters | - | - | - | - | - | - | - | - | - | - | - | - | $131.00K | $29.25K | - | - | - | - | - | - |
| RF Product | - | - | - | - | - | - | - | - | - | - | - | - | - | $195.00K | $182.00K | - | - | - | - | - |
| Revenue With Customers | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $237.46K | - | - | - |
| Revenue With Customer | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $323.28K | $203.55K | - |
| Grant | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $109.47K | $109.47K | - |
| Foundry Fabrication Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $255.16K |
Akoustis's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Total Member (100.00%).
Akoustis Revenue Breakdown by Country
Annual Revenue by Country
| Country | Jun 23 | Jun 22 |
|---|---|---|
| Other Member | $14.00K | $13.00K |
| Other Segments | - | $15.35M |
| Europe | - | $2.93M |
| Asia | - | $8.63M |
| Americas | - | $3.78M |
Akoustis's latest annual revenue breakdown by geography, as of Jun 23: Other Member (100.00%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 |
|---|---|---|---|---|---|---|---|
| Europe | $977.00K | $938.00K | $690.00K | $1.23M | $609.00K | $992.00K | $635.00K |
| Americas | $2.91M | $3.32M | $3.00M | $3.14M | $4.06M | $2.37M | $1.62M |
| Asia | $3.62M | $2.76M | $3.31M | $7.49M | $2.69M | $2.51M | $3.30M |
| Other Member | - | - | - | - | $11.00K | - | $10.00K |
| Other Segments | - | - | - | - | - | $5.87M | - |
Akoustis's latest quarterly revenue breakdown by geography, as of Mar 24: Asia (48.19%), Americas (38.80%), and Europe (13.01%).
Akoustis Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CIEN | Ciena | $4.39B | $942.31M |
| LITE | Lumentum | $1.36B | $366.50M |
| ADTN | ADTRAN | $1.15B | $225.99M |
| NTGR | NETGEAR | $740.84M | $143.90M |
| KN | Knowles | $462.30M | $204.70M |
| CRNT | Ceragon Networks | $347.18M | $88.50M |
| AVNW | Aviat Networks | $346.59M | $111.61M |
| CASA | Casa Systems | $286.54M | $62.09M |
| GILT | Gilat Satellite Networks | $266.09M | $76.08M |
| AUDC | AudioCodes | $244.38M | $60.08M |
| CMBM | Cambium Networks | $220.19M | $45.95M |
| KVHI | KVH Industries | $132.38M | $28.67M |
| SILC | Silicom | $124.13M | $14.37M |
| AKTS | Akoustis | $27.12M | $7.51M |
AKTS Revenue FAQ
What is Akoustis’s yearly revenue?
Akoustis's yearly revenue for 2023 was $27.12M, representing an increase of 76.68% compared to 2022. The company's yearly revenue for 2022 was $15.35M, representing an increase of 131.94% compared to 2021. AKTS's yearly revenue for 2021 was $6.62M, representing an increase of 269.72% compared to 2020.
What is Akoustis’s quarterly revenue?
Akoustis's quarterly revenue for Q3 2024 was $7.51M, a 7.03% increase from the previous quarter (Q2 2024), and a 2.09% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $7.02M, a 0.21% increase from the previous quarter (Q1 2024), and a 19.64% increase year-over-year (Q2 2023). AKTS's quarterly revenue for Q1 2024 was $7M, a -15.97% decrease from the previous quarter (Q4 2023), and a 25.80% increase year-over-year (Q1 2023).
What is Akoustis’s revenue growth rate?
Akoustis's revenue growth rate for the last 3 years (2021-2023) was 309.81%, and for the last 5 years (2019-2023) was 1779.49%.
What are Akoustis’s revenue streams?
Akoustis's revenue streams in n 22 are Other Segments
What is Akoustis’s main source of revenue?
For the fiscal year ending Jun 22, the largest source of revenue of Akoustis was Other Segments. This segment made a revenue of $15.35M, representing 100.00% of the company's total revenue.