ChampionX (CHX) Revenue & Revenue Breakdown


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ChampionX Revenue Highlights


Latest Revenue (Y)

$3.76B

Latest Revenue (Q)

$906.53M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

ChampionX Revenue by Period


ChampionX Revenue by Year

DateRevenueChange
2023-12-31$3.76B-1.25%
2022-12-31$3.81B23.77%
2021-12-31$3.07B61.84%
2020-12-31$1.90B67.96%
2019-12-31$1.13B-7.02%
2018-12-31$1.22B20.51%
2017-12-31$1.01B34.37%
2016-12-31$751.34M-30.22%
2015-12-31$1.08B-

ChampionX generated $3.76B in revenue during NA 2023, up -1.25% compared to the previous quarter, and up 308.91% compared to the same period a year ago.

ChampionX Revenue by Quarter

DateRevenueChange
2024-09-30$906.53M1.48%
2024-06-30$893.27M-3.13%
2024-03-31$922.14M-2.27%
2023-12-31$943.55M0.40%
2023-09-30$939.78M1.42%
2023-06-30$926.60M-2.29%
2023-03-31$948.35M-3.80%
2022-12-31$985.86M-3.50%
2022-09-30$1.02B9.54%
2022-06-30$932.57M7.69%
2022-03-31$865.96M5.33%
2021-12-31$822.14M0.41%
2021-09-30$818.78M9.29%
2021-06-30$749.17M9.39%
2021-03-31$684.89M-3.01%
2020-12-31$706.12M11.46%
2020-09-30$633.53M111.94%
2020-06-30$298.91M14.34%
2020-03-31$261.43M5.52%
2019-12-31$247.75M-11.00%
2019-09-30$278.38M-9.04%
2019-06-30$306.05M1.45%
2019-03-31$301.69M-3.06%
2018-12-31$311.20M-1.66%
2018-09-30$316.47M3.45%
2018-06-30$305.93M7.75%
2018-03-31$283.92M7.34%
2017-12-31$264.50M2.26%
2017-09-30$258.65M0.97%
2017-06-30$256.16M11.24%
2017-03-31$230.28M-

ChampionX generated $906.53M in revenue during Q3 2024, up 1.48% compared to the previous quarter, and up 97.83% compared to the same period a year ago.

ChampionX Revenue Breakdown


ChampionX Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Product$3.30B$3.32B$2.66B$1.62B$1.00B
Service$364.33M$399.86M$343.09M$218.09M-
Product and Service, Other----$130.62M

ChampionX's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (90.05%), and Service (9.95%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Service$105.01M$103.88M$95.59M$86.85M$88.64M$93.25M$100.03M$101.60M$101.84M$96.39M$91.89M$89.35M$81.22M$80.63M$79.65M$3.36M$1.05M$18.49M--
Product$771.83M$763.21M$823.37M$827.66M$813.42M$833.02M$862.98M$897.16M$807.55M$750.67M$710.33M$711.10M$649.40M$585.36M$609.32M$46.11M$16.87M$230.88M$212.93M$244.65M
Product and Service, Other-----------------$30.55M$32.19M$33.73M

ChampionX's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (88.02%), and Service (11.98%).

ChampionX Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Asia Pacific$81.00M$84.43M$84.37M$9.04M-
UNITED STATES$1.98B$1.93B$1.57B$72.95M$861.00M
Other$9.89M$54.17M$45.35M$-5.00K-
Middle East And Africa$426.39M$409.89M$358.54M$15.25M-
Latin America$560.00M$633.49M$402.80M$3.65M$32.41M
CANADA$385.57M$386.76M$339.37M$640.00K$70.31M
AUSTRALIA$69.67M$56.52M$63.10M-$30.84M
Europe$245.50M$245.97M$214.10M$12.05M$51.97M
Asia Pacific And Other----$24.66M
Middle East----$60.06M

ChampionX's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (52.69%), Latin America (14.90%), Middle East And Africa (11.35%), CANADA (10.26%), Europe (6.53%), Asia Pacific (2.16%), AUSTRALIA (1.85%), and Other (0.26%).

Quarterly Revenue by Country

CountrySep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
UNITED STATES$513.49M$505.23M$481.80M$497.53M$497.50M$503.43M$483.78M$507.97M$490.36M$452.60M$433.03M$412.66M$378.86M$342.81M$321.54M$33.13M$11.93M$195.37M$180.60M$210.91M
Middle Ease And Africa$111.11M$117.43M$101.61M$106.57M$101.24M$103.96M$102.16M$100.48M$88.83M$89.50M$81.00M---------
Latin America$75.03M$75.82M$155.64M$144.94M$125.34M$134.09M$195.56M$193.97M$135.02M$108.92M$99.52M$119.80M$102.77M$80.71M$107.01M$1.28M$490.00K$7.58M$8.47M$6.83M
Europe$63.88M$55.65M$53.90M$59.47M$68.21M$63.92M$64.39M$63.44M$58.69M$59.45M$55.92M$57.54M$49.91M$50.74M$62.67M$5.82M$1.23M$12.03M$11.45M$10.47M
CANADA$99.95M$99.11M$97.77M$97.39M$91.52M$98.90M$94.60M$99.25M$94.21M$98.70M$91.72M$88.23M$80.88M$78.53M$72.99M$136.00K$62.00K$17.95M$16.30M$19.22M
Asia Pacific$22.85M$24.01M$20.69M$20.51M$20.20M$19.60M$18.59M$20.90M$24.58M$20.36M$19.82M$22.67M$21.45M$20.43M$19.26M$3.07M$1.77M$5.49M$6.63M-
AUSTRALIA$20.21M$16.02M$16.78M$18.34M$17.27M$17.27M$14.56M$16.35M$12.37M$13.23M$13.63M$18.11M$15.22M$16.14M$14.02M--$9.27M$8.83M$8.00M
Other----$9.89M$11.08M$15.71M$15.17M$12.22M$9.30M$10.94M$10.60M$14.53M--$1.38M----
Middle East---------------$6.05M$2.44M$12.36M$15.70M$16.32M

ChampionX's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (56.64%), Middle Ease And Africa (12.26%), CANADA (11.03%), Latin America (8.28%), Europe (7.05%), Asia Pacific (2.52%), and AUSTRALIA (2.23%).

ChampionX Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BKRBaker Hughes Company$25.51B$6.91B
FTITechnipFMC$7.82B$2.35B
CHXChampionX$3.76B$906.53M
MRCMRC Global$3.41B$2.74B
OIIOceaneering$2.42B$679.81M
DNOWNOW$2.32B$633.00M
RESRPC$1.62B$337.65M
XPROExpro Group$1.51B$422.83M
HLXHelix Energy Solutions Group$1.29B$342.42M
VTOLBristow Group$1.23B$365.12M
WHDCactus$1.10B$293.18M
OISOil States$782.28M-
RNGRRanger Energy Services$636.60M$153.00M

CHX Revenue FAQ


What is ChampionX’s yearly revenue?

ChampionX's yearly revenue for 2023 was $3.76B, representing a decrease of -1.25% compared to 2022. The company's yearly revenue for 2022 was $3.81B, representing an increase of 23.77% compared to 2021. CHX's yearly revenue for 2021 was $3.07B, representing an increase of 61.84% compared to 2020.

What is ChampionX’s quarterly revenue?

ChampionX's quarterly revenue for Q3 2024 was $906.53M, a 1.48% increase from the previous quarter (Q2 2024), and a -3.54% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $893.27M, a -3.13% decrease from the previous quarter (Q1 2024), and a -3.60% decrease year-over-year (Q2 2023). CHX's quarterly revenue for Q1 2024 was $922.14M, a -2.27% decrease from the previous quarter (Q4 2023), and a -2.76% decrease year-over-year (Q1 2023).

What is ChampionX’s revenue growth rate?

ChampionX's revenue growth rate for the last 3 years (2021-2023) was 22.22%, and for the last 5 years (2019-2023) was 232.22%.

What are ChampionX’s revenue streams?

ChampionX's revenue streams in c 23 are Product, and Service. Product generated $3.3B in revenue, accounting 90.05% of the company's total revenue, down -0.63% year-over-year. Service generated $364.33M in revenue, accounting 9.95% of the company's total revenue, down -8.89% year-over-year.

What is ChampionX’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of ChampionX was Product. This segment made a revenue of $3.3B, representing 90.05% of the company's total revenue.