BurgerFi (BFI) Revenue & Revenue Breakdown
BurgerFi Revenue Highlights
Latest Revenue (Y)
$170.10M
Latest Revenue (Q)
$42.88M
Main Segment (Y)
Royalty And Other Fees
Main Geography (Y)
FLORIDA
BurgerFi Revenue by Period
BurgerFi Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-01-01 | $170.10M | -4.82% |
| 2023-01-02 | $178.72M | 159.51% |
| 2021-12-31 | $68.87M | 113.24% |
| 2020-12-31 | $32.30M | -3.76% |
| 2019-12-31 | $33.55M | 100.00% |
| 2018-12-31 | - | 100.00% |
| 2017-12-31 | - | - |
BurgerFi generated $170.10M in revenue during NA 2023, up -4.82% compared to the previous quarter, and up Infinity% compared to the same period a year ago.
BurgerFi Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-04-01 | $42.88M | 3.40% |
| 2024-01-01 | $41.47M | 5.04% |
| 2023-10-02 | $39.48M | -9.09% |
| 2023-07-03 | $43.43M | -5.03% |
| 2023-04-03 | $45.73M | 1.09% |
| 2023-01-02 | $45.23M | 4.58% |
| 2022-10-03 | $43.26M | -4.51% |
| 2022-06-30 | $45.30M | 0.81% |
| 2022-03-31 | $44.93M | 28.14% |
| 2021-12-31 | $35.06M | 215.47% |
| 2021-09-30 | $11.12M | -5.66% |
| 2021-06-30 | $11.78M | 6.77% |
| 2021-03-31 | $11.04M | -65.83% |
| 2020-12-31 | $32.30M | 100.00% |
| 2020-09-30 | - | 100.00% |
| 2020-06-30 | - | 100.00% |
| 2020-03-31 | - | 100.00% |
| 2019-12-31 | - | 100.00% |
| 2019-09-30 | - | 100.00% |
| 2019-06-30 | - | 100.00% |
| 2019-03-31 | - | 100.00% |
| 2018-12-31 | - | 100.00% |
| 2018-09-30 | - | 100.00% |
| 2018-06-30 | - | 100.00% |
| 2018-03-31 | - | - |
BurgerFi generated $42.88M in revenue during Q1 2024, up 3.40% compared to the previous quarter, and up 94.79% compared to the same period a year ago.
BurgerFi Revenue Breakdown
BurgerFi Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Jan 24 | Jan 23 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Royalty Brand Development And Co Op | $1.77M | $1.79M | $1.99M | - |
| Royalty And Other Fees | $7.49M | $9.73M | $8.02M | - |
| Franchise Revenues | - | $1.81M | - | - |
| Initial Franchise Fees | - | - | $1.07M | - |
| Franchising Receivables | - | - | - | $480.00K |
| Deferred Revenue Long Term | - | - | - | $2.82M |
| Deferred Revenue Current | - | - | - | $490.00K |
| Restaurant Sales | - | - | - | $851.00K |
| Gift Card Liability | - | - | - | $430.00K |
BurgerFi's latest annual revenue breakdown by segment (product or service), as of Jan 24: Royalty And Other Fees (80.85%), and Royalty Brand Development And Co Op (19.15%).
Quarterly Revenue by Product
| Product/Service | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Jan 23 | Oct 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Restaurant Sales | $40.88M | $1.35M | - | - | - | - | - | - | - | - | - | - | - |
| Royalty And Other Fees | $1.56M | $5.79M | $1.70M | $2.55M | $2.46M | $2.61M | $2.10M | $255.00K | - | - | - | - | - |
| Royalty Brand Development And Co Op | $436.00K | $1.32M | $458.00K | $435.00K | $429.00K | $451.00K | $471.00K | $74.00K | - | - | - | - | - |
| Franchise Revenues | - | - | - | $380.00K | $41.00K | - | - | - | - | - | - | - | - |
| Royalty | - | - | - | - | - | - | - | - | $26.00K | $17.00K | - | - | - |
| Restaurant Sales Revenues | - | - | - | - | - | - | - | - | - | $8.69M | $8.98M | $8.51M | - |
| Franchise Fees | - | - | - | - | - | - | - | - | - | $95.00K | $90.00K | $108.00K | - |
| Royalty Brand Development And Coop Revenues | - | - | - | - | - | - | - | - | - | $471.00K | $545.00K | $511.00K | - |
| Royalty And Other Revenues | - | - | - | - | - | - | - | - | - | $1.86M | $2.16M | $1.91M | - |
| Initial Franchise Fees | - | - | - | - | - | - | - | - | - | - | - | - | $25.00K |
BurgerFi's latest quarterly revenue breakdown by segment (product or service), as of Apr 24: Restaurant Sales (95.35%), Royalty And Other Fees (3.63%), and Royalty Brand Development And Co Op (1.02%).
BurgerFi Revenue Breakdown by Country
Annual Revenue by Country
| Country | Jan 24 | Jan 23 | Dec 21 |
|---|---|---|---|
| FLORIDA | $400.00K | $400.00K | $500.00K |
BurgerFi's latest annual revenue breakdown by geography, as of Jan 24: FLORIDA (100.00%).
Quarterly Revenue by Country
| Country | Jan 23 | Dec 20 |
|---|---|---|
| Royalty Brand Development And Co Op | $435.00K | - |
| Royalty And Other Fees | $2.55M | - |
| UNITED STATES | - | $1.70M |
| Non Us | - | $2.00K |
| FLORIDA | - | $19.00K |
BurgerFi's latest quarterly revenue breakdown by geography, as of Jan 23: Royalty And Other Fees (85.45%), and Royalty Brand Development And Co Op (14.55%).
BurgerFi Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EAT | Brinker | $4.42B | $1.14B |
| ARCO | Arcos Dorados | $4.33B | $1.08B |
| CAKE | Cheesecake Factory | $3.44B | $904.04M |
| JACK | Jack in the Box | $1.69B | $365.35M |
| BJRI | BJ's Restaurants | $1.33B | $349.93M |
| DIN | Dine Brands Global | $831.07M | $206.24M |
| PBPB | Potbelly | $491.41M | $119.70M |
| CHUY | Chuy's | $461.31M | $119.80M |
| WING | Wingstop | $460.06M | $162.50M |
| BFI | BurgerFi | $170.10M | $42.88M |
| NATH | Nathan's Famous | $138.61M | $28.99M |
| GTIM | Good Times Restaurants | $138.12M | $37.94M |
BFI Revenue FAQ
What is BurgerFi’s yearly revenue?
BurgerFi's yearly revenue for 2023 was $170.1M, representing a decrease of -4.82% compared to 2022. The company's yearly revenue for 2022 was $178.72M, representing an increase of 159.51% compared to 2021. BFI's yearly revenue for 2021 was $68.87M, representing an increase of 113.24% compared to 2020.
What is BurgerFi’s quarterly revenue?
BurgerFi's quarterly revenue for Q1 2024 was $42.88M, a 3.40% increase from the previous quarter (Q4 2023), and a -6.23% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $41.47M, a 5.04% increase from the previous quarter (Q3 2023), and a -8.33% decrease year-over-year (Q4 2022). BFI's quarterly revenue for Q3 2023 was $39.48M, a -9.09% decrease from the previous quarter (Q2 2023), and a -8.73% decrease year-over-year (Q3 2022).
What is BurgerFi’s revenue growth rate?
BurgerFi's revenue growth rate for the last 3 years (2021-2023) was 147.00%, and for the last 5 years (2019-2023) was 406.93%.
What are BurgerFi’s revenue streams?
BurgerFi's revenue streams in n 24 are Royalty Brand Development And Co Op, and Royalty And Other Fees. Royalty Brand Development And Co Op generated $1.78M in revenue, accounting 19.15% of the company's total revenue, down -0.62% year-over-year. Royalty And Other Fees generated $7.49M in revenue, accounting 80.85% of the company's total revenue, down -23.02% year-over-year.
What is BurgerFi’s main source of revenue?
For the fiscal year ending Jan 24, the largest source of revenue of BurgerFi was Royalty And Other Fees. This segment made a revenue of $7.49M, representing 80.85% of the company's total revenue.