Akoustis (AKTS) Revenue & Revenue Breakdown

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Akoustis Revenue Highlights

Latest Revenue (Y)

$27.38M

Latest Revenue (Q)

$7.51M

Main Segment (Y)

Other Segments

Main Geography (Y)

Asia

Akoustis Revenue by Period

Akoustis Revenue by Year

Date	Revenue	Change
2024-06-30	$27.38M	0.97%
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	-93.34%
2016-03-31	$254.83K	100.00%
2015-06-30	-	100.00%
2014-07-31	-	-

Akoustis generated $27.38M in revenue during NA 2024, up 0.97% compared to the previous quarter, and up 1897.71% 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	-	-	-
RFProductMember	-	$3.77M	-	-	-
FoundryAndFabricationServicesMember	-	$2.85M	-	-	-
ProductSalesRevenueMember	-	-	$799.00K	-	-
FoundryFabricationServicesRevenueMember	-	-	$991.00K	-	-
Grant Revenue	-	-	-	$109.00K	-
Foundry Fabrication Services	-	-	-	-	$1.01M
RF Filters	-	-	-	-	$53.64K

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	-	-	-	-	-	-	-	-
RF Filters	-	-	-	-	-	-	-	-	-	-	-	-	$131.00K	$29.25K	-	-	-	-	-	-
Foundry Fabrication Services Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$232.00K	$323.00K	$361.00K	$491.03K	-	-	-	-
Total	-	-	-	-	-	-	-	-	-	-	-	-	$363.00K	$518.00K	-	-	-	-	-	-
RF Product	-	-	-	-	-	-	-	-	-	-	-	-	-	$195.00K	$182.00K	-	-	-	-	-
Revenue With Customers	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$237.46K	-	-	-
Grant	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$109.47K	$109.47K	-
Revenue With Customer	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$323.28K	$203.55K	-
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 24	Jun 23	Jun 22
Americas	$11.39M	$3.78M	-
Asia	$12.47M	$8.63M	-
Europe	$3.52M	$2.93M	-
Other Member	-	$14.00K	$13.00K
Other Segments	-	-	$15.35M

Akoustis's latest annual revenue breakdown by geography, as of Jun 24: Asia (45.54%), Americas (41.60%), and Europe (12.85%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Europe	$750.00K	$915.00K	$977.00K	$938.00K	$690.00K	$1.23M	$609.00K	$992.00K	$635.00K
Americas	$2.43M	$2.16M	$2.91M	$3.32M	$3.00M	$3.14M	$4.06M	$2.37M	$1.62M
Asia	$5.84M	$2.78M	$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 Sep 24: Asia (64.74%), Americas (26.95%), and Europe (8.31%).

Akoustis Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CIEN	Ciena	$4.39B	$942.31M
LITE	Lumentum	$1.36B	$336.90M
ADTN	ADTRAN	$1.15B	$227.70M
NTGR	NETGEAR	$740.84M	$182.65M
KN	Knowles	$462.30M	$95.80M
AVNW	Aviat Networks	$408.08M	$88.43M
CRNT	Ceragon Networks	$347.18M	$88.50M
GILT	Gilat Satellite Networks	$266.09M	$76.08M
AUDC	AudioCodes	$244.38M	$60.08M
CMBM	Cambium Networks	$220.19M	$43.73M
KVHI	KVH Industries	$132.38M	$28.67M
SILC	Silicom	$124.13M	$14.37M
AKTS	Akoustis	$27.38M	$7.51M

AKTS Revenue FAQ

What is Akoustis’s yearly revenue?

Akoustis's yearly revenue for 2024 was $27.38M, representing an increase of 0.97% compared to 2023. The company's yearly revenue for 2023 was $27.12M, representing an increase of 76.68% compared to 2022. AKTS's yearly revenue for 2022 was $15.35M, representing an increase of 131.94% compared to 2021.

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 (2022-2024) was 78.40%, and for the last 5 years (2020-2024) was 1429.83%.

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.