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Burning Rock Biotech (BNR) Revenue & Revenue Breakdown

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Burning Rock Biotech Revenue Highlights

Latest Revenue (Y)

$537.43M

Latest Revenue (Q)

$125.62M

Main Segment (Y)

Service

Main Geography (Y)

CHINA

Burning Rock Biotech Revenue by Period

Burning Rock Biotech Revenue by Year

DateRevenueChange
2023-12-31$537.43M-4.58%
2022-12-31$563.24M10.90%
2021-12-31$507.86M18.13%
2020-12-31$429.90M12.64%
2019-12-31$381.68M82.74%
2018-12-31$208.87M87.89%
2017-12-31$111.17M-

Burning Rock Biotech generated $537.43M in revenue during NA 2023, up -4.58% compared to the previous quarter, and up 257.31% compared to the same period a year ago.

Burning Rock Biotech Revenue by Quarter

DateRevenueChange
2024-03-31$125.62M3.75%
2023-12-31$121.08M-5.08%
2023-09-30$127.57M-12.79%
2023-06-30$146.27M2.63%
2023-03-31$142.52M0.20%
2022-12-31$142.24M-8.02%
2022-09-30$154.63M18.18%
2022-06-30$130.85M-3.45%
2022-03-31$135.52M-8.02%
2021-12-31$147.34M16.37%
2021-09-30$126.61M-0.52%
2021-06-30$127.28M19.37%
2021-03-31$106.62M-19.05%
2020-12-31$131.72M6.33%
2020-09-30$123.88M15.81%
2020-06-30$106.97M58.88%
2020-03-31$67.33M-24.07%
2019-12-31$88.67M-14.51%
2019-09-30$103.72M22.30%
2019-06-30$84.81M-18.81%
2019-03-31$104.47M-

Burning Rock Biotech generated $125.62M in revenue during Q1 2024, up 3.75% compared to the previous quarter, and up 88.32% compared to the same period a year ago.

Burning Rock Biotech Revenue Breakdown

Burning Rock Biotech Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Product$192.41M$234.99M$165.40M$118.72M
Service$345.03M$511.45M$342.46M$311.18M

Burning Rock Biotech's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (64.20%), and Product (35.80%).

Quarterly Revenue by Product

Product/ServiceDec 22Jun 22
Service$205.97M$185.58M
Product$90.90M$80.79M

Burning Rock Biotech's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Service (69.38%), and Product (30.62%).

Burning Rock Biotech Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22
UNITED STATES$2.51M$9.93M
CHINA$534.93M$553.30M

Burning Rock Biotech's latest annual revenue breakdown by geography, as of Dec 23: CHINA (99.53%), and UNITED STATES (0.47%).

Quarterly Revenue by Country

CountryJun 22
Service$185.58M
Product$80.79M

Burning Rock Biotech's latest quarterly revenue breakdown by geography, as of Jun 22: Service (69.67%), and Product (30.33%).

Burning Rock Biotech Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FONRFONAR$102.88B$25.94M
QGENQiagen$1.97B$458.80M
SHCSotera Health Company$1.05B$285.47M
NEOGNeogen$924.22M$216.96M
GTHGenetron$650.71M$201.32M
BNRBurning Rock Biotech$537.43M$125.62M
CDNACareDx$280.32M$82.88M
LMDXLumiraDx$254.48M$21.00M
OLKOlink AB (publ)$169.91M$28.59M
PSNLPersonalis$73.48M$22.58M
STIMNeuronetics$71.35M$16.45M
DRIODarioHealth$20.35M$6.25M
SERASera Prognostics$306.00K$24.00K

BNR Revenue FAQ

What is Burning Rock Biotech’s yearly revenue?

Burning Rock Biotech's yearly revenue for 2023 was $537.44M, representing a decrease of -4.58% compared to 2022. The company's yearly revenue for 2022 was $563.24M, representing an increase of 10.90% compared to 2021. BNR's yearly revenue for 2021 was $507.86M, representing an increase of 18.13% compared to 2020.

What is Burning Rock Biotech’s quarterly revenue?

Burning Rock Biotech's quarterly revenue for Q1 2024 was $125.62M, a 3.75% increase from the previous quarter (Q4 2023), and a -11.85% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $121.08M, a -5.08% decrease from the previous quarter (Q3 2023), and a -14.87% decrease year-over-year (Q4 2022). BNR's quarterly revenue for Q3 2023 was $127.57M, a -12.79% decrease from the previous quarter (Q2 2023), and a -17.50% decrease year-over-year (Q3 2022).

What is Burning Rock Biotech’s revenue growth rate?

Burning Rock Biotech's revenue growth rate for the last 3 years (2021-2023) was 5.82%, and for the last 5 years (2019-2023) was 40.81%.

What are Burning Rock Biotech’s revenue streams?

Burning Rock Biotech's revenue streams in c 23 are Product, and Service. Product generated $192.4M in revenue, accounting 35.80% of the company's total revenue, down -18.12% year-over-year. Service generated $345.03M in revenue, accounting 64.20% of the company's total revenue, down -32.54% year-over-year.

What is Burning Rock Biotech’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Burning Rock Biotech was Service. This segment made a revenue of $345.03M, representing 64.20% of the company's total revenue.