Bionano Genomics (BNGO) Revenue & Revenue Breakdown


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Bionano Genomics Revenue Highlights


Latest Revenue (Y)

$36.12M

Latest Revenue (Q)

$7.77M

Main Segment (Y)

Product

Main Geography (Y)

Americas

Bionano Genomics Revenue by Period


Bionano Genomics Revenue by Year

DateRevenueChange
2023-12-31$36.12M29.90%
2022-12-31$27.80M54.62%
2021-12-31$17.98M111.47%
2020-12-31$8.50M-16.06%
2019-12-31$10.13M-15.59%
2018-12-31$12.00M26.26%
2017-12-31$9.51M39.93%
2016-12-31$6.79M-

Bionano Genomics generated $36.12M in revenue during NA 2023, up 29.90% compared to the previous quarter, and up 300.95% compared to the same period a year ago.

Bionano Genomics Revenue by Quarter

DateRevenueChange
2024-06-30$7.77M-11.38%
2024-03-31$8.77M-18.21%
2023-12-31$10.72M15.06%
2023-09-30$9.32M7.57%
2023-06-30$8.66M16.82%
2023-03-31$7.42M-9.74%
2022-12-31$8.21M13.77%
2022-09-30$7.22M8.26%
2022-06-30$6.67M17.10%
2022-03-31$5.70M-9.62%
2021-12-31$6.30M35.38%
2021-09-30$4.66M20.72%
2021-06-30$3.86M21.72%
2021-03-31$3.17M-20.59%
2020-12-31$3.99M81.68%
2020-09-30$2.20M85.79%
2020-06-30$1.18M4.05%
2020-03-31$1.14M-59.27%
2019-12-31$2.79M-15.81%
2019-09-30$3.31M52.35%
2019-06-30$2.17M17.37%
2019-03-31$1.85M-53.84%
2018-12-31$4.01M41.89%
2018-09-30$2.83M-16.56%
2018-06-30$3.39M91.69%
2018-03-31$1.77M-37.84%
2017-12-31$2.85M3.72%
2017-09-30$2.74M24.91%
2017-06-30$2.20M27.62%
2017-03-31$1.72M-

Bionano Genomics generated $7.77M in revenue during Q2 2024, up -11.38% compared to the previous quarter, and up 104.80% compared to the same period a year ago.

Bionano Genomics Revenue Breakdown


Bionano Genomics Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Product$26.73M$20.43M$11.70M$6.23M$9.47M
Instrument Revenue$10.00M$8.57M$5.89M$3.08M$6.76M
Software Revenue$5.57M$5.13M---
Product and Service, Other$9.39M$700.00K$600.00K$2.27M$655.06K
Consumable Revenue$11.16M$6.73M$5.81M$3.14M$2.71M

Bionano Genomics's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (42.53%), Consumable Revenue (17.75%), Instrument Revenue (15.91%), Product and Service, Other (14.94%), and Software Revenue (8.86%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Software$1.75M$1.64M$1.21M$1.32M----------------
Product$6.83M$8.21M$6.46M$6.61M$5.45M$9.79M$3.61M$3.91M$3.12M$3.85M$3.30M$2.50M$2.05M$2.73M$1.58M$940.00K$983.00K$2.60M$3.16M$2.02M
Product and Service, Other$1.94M$2.51M$2.86M$2.05M$1.97M$-1.57M$3.62M$2.76M$2.58M$2.45M$1.35M$1.36M$1.12M$1.26M$616.00K$242.00K$153.00K$184.94K$150.72K$154.24K
Instrument Revenue$1.61M$3.31M$2.34M$2.45M$1.90M$2.69M$1.83M$2.45M$1.60M$2.38M$1.47M$1.16M$882.00K$1.60M$724.00K$229.00K$534.00K---
Consumable Revenue$3.46M$3.49M$2.48M$2.95M$2.23M$1.97M$1.78M$1.47M$1.52M$1.47M$1.83M$1.34M$1.17M$1.13M$856.00K$711.00K$449.00K---

Bionano Genomics's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (43.78%), Consumable Revenue (22.21%), Product and Service, Other (12.44%), Software (11.22%), and Instrument Revenue (10.35%).

Bionano Genomics Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Asia Pacific$5.13M$4.98M$3.05M$850.93K$1.47M
EMEA$12.96M$8.96M$5.60M$3.16M$3.63M
Americas$18.02M$13.86M---
North America--$9.33M$4.49M$5.03M

Bionano Genomics's latest annual revenue breakdown by geography, as of Dec 23: Americas (49.89%), EMEA (35.89%), and Asia Pacific (14.21%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
EMEA$3.13M$4.54M$2.69M$2.75M$2.99M$2.64M$1.97M$2.61M$1.74M$1.84M$1.23M$940.00K$1.59M$1.25M$1.20M$315.00K$390.00K
Americas$4.69M$4.92M$5.35M$4.31M$3.44M------------
Asia Pacific$946.00K$1.27M$1.29M$1.60M$979.00K$1.33M$1.57M$1.45M$629.00K$1.55M$864.00K$551.00K$83.00K$633.93K$118.00K$79.00K$20.00K
North America------$3.68M$2.61M$3.33M$2.91M$2.56M$2.37M$1.50M$2.10M$874.00K$788.00K$726.00K

Bionano Genomics's latest quarterly revenue breakdown by geography, as of Mar 24: Americas (53.48%), EMEA (35.73%), and Asia Pacific (10.79%).

Bionano Genomics Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BDXBecton, Dickinson and$19.37B$4.99B
ISRGIntuitive Surgical$7.12B$2.01B
RMDResMed$4.69B$1.20B
WSTWest Pharmaceutical Services$2.95B$702.00M
NVSTEnvista$2.57B$623.60M
MHUAMeihua Medical$97.10M$48.91M
BNGOBionano Genomics$36.12M$7.77M
GMVDG Medical Innovations$4.42M$-128.35K
NXGLNEXGEL$4.09M$1.44M
POAIPredictive Oncology$1.78M$419.65K
LUCYInnovative Eyewear$1.15M$308.68M
STAASTAAR Surgical$322.42K$77.36M
GCTKGlucoTrack--
MBOTMicrobot Medical--
STSSSharps--

BNGO Revenue FAQ


Bionano Genomics's yearly revenue for 2023 was $36.12M, representing an increase of 29.90% compared to 2022. The company's yearly revenue for 2022 was $27.8M, representing an increase of 54.62% compared to 2021. BNGO's yearly revenue for 2021 was $17.98M, representing an increase of 111.47% compared to 2020.

Bionano Genomics's quarterly revenue for Q2 2024 was $7.77M, a -11.38% decrease from the previous quarter (Q1 2024), and a -10.29% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $8.77M, a -18.21% decrease from the previous quarter (Q4 2023), and a 18.26% increase year-over-year (Q1 2023). BNGO's quarterly revenue for Q4 2023 was $10.72M, a 15.06% increase from the previous quarter (Q3 2023), and a 30.51% increase year-over-year (Q4 2022).

Bionano Genomics's revenue growth rate for the last 3 years (2021-2023) was 100.86%, and for the last 5 years (2019-2023) was 256.54%.

Bionano Genomics's revenue streams in c 23 are Product, Instrument Revenue, Software Revenue, Product and Service, Other, and Consumable Revenue. Product generated $26.73M in revenue, accounting 42.53% of the company's total revenue, up 30.85% year-over-year. Instrument Revenue generated $10M in revenue, accounting 15.91% of the company's total revenue, up 16.72% year-over-year. Software Revenue generated $5.57M in revenue, accounting 8.86% of the company's total revenue, up 8.66% year-over-year. Product and Service, Other generated $9.39M in revenue, accounting 14.94% of the company's total revenue, up 1241.29% year-over-year. Consumable Revenue generated $11.16M in revenue, accounting 17.75% of the company's total revenue, up 65.76% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Bionano Genomics was Product. This segment made a revenue of $26.73M, representing 42.53% of the company's total revenue.