ClearOne (CLRO) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

ClearOne Revenue Highlights

Latest Revenue (Y)

$18.70M

Latest Revenue (Q)

$2.50M

Main Segment (Y)

Audio Conferencing

Main Geography (Y)

Americas

ClearOne Revenue by Period

ClearOne Revenue by Year

Date	Revenue	Change
2023-12-31	$18.70M	-25.79%
2022-12-31	$25.20M	-12.99%
2021-12-31	$28.97M	-0.35%
2020-12-31	$29.07M	16.08%
2019-12-31	$25.04M	-11.06%
2018-12-31	$28.16M	-32.65%
2017-12-31	$41.80M	-14.05%
2016-12-31	$48.64M	-15.85%
2015-12-31	$57.80M	-0.20%
2014-12-31	$57.91M	16.77%
2013-12-31	$49.59M	6.84%
2012-12-31	$46.42M	0.76%
2011-12-31	$46.07M	11.59%
2010-12-31	$41.28M	100.00%
2009-12-31	-	-100.00%
2009-06-30	$35.70M	-10.19%
2008-06-30	$39.75M	-0.27%
2007-06-30	$39.86M	5.92%
2006-06-30	$37.63M	18.92%
2005-06-30	$31.64M	-6.64%
2004-06-30	$33.89M	-41.14%
2003-06-30	$57.59M	5.58%
2002-06-30	$54.54M	36.77%
2001-06-30	$39.88M	29.17%
2000-06-30	$30.87M	34.28%
1999-06-30	$22.99M	33.14%
1998-06-30	$17.27M	29.14%
1997-06-30	$13.37M	16.59%
1996-06-30	$11.47M	3.33%
1995-06-30	$11.10M	26.14%
1994-06-30	$8.80M	-

ClearOne generated $18.70M in revenue during NA 2023, up -25.79% compared to the previous quarter, and up 66.43% compared to the same period a year ago.

ClearOne Revenue by Quarter

Date	Revenue	Change
2024-09-30	$2.50M	8.68%
2024-06-30	$2.30M	-36.39%
2024-03-31	$3.62M	-12.81%
2023-12-31	$4.15M	-15.03%
2023-09-30	$4.89M	-10.83%
2023-06-30	$5.48M	31.24%
2023-03-31	$4.18M	3.90%
2022-12-31	$4.02M	-35.81%
2022-09-30	$6.26M	-15.06%
2022-06-30	$7.38M	-2.25%
2022-03-31	$7.54M	4.76%
2021-12-31	$7.20M	3.00%
2021-09-30	$6.99M	-9.61%
2021-06-30	$7.74M	9.90%
2021-03-31	$7.04M	-17.84%
2020-12-31	$8.57M	1.83%
2020-09-30	$8.41M	32.33%
2020-06-30	$6.36M	10.87%
2020-03-31	$5.73M	-9.34%
2019-12-31	$6.33M	5.56%
2019-09-30	$5.99M	-6.67%
2019-06-30	$6.42M	1.82%
2019-03-31	$6.30M	-12.59%
2018-12-31	$7.21M	7.93%
2018-09-30	$6.68M	-4.13%
2018-06-30	$6.97M	-4.36%
2018-03-31	$7.29M	-21.24%
2017-12-31	$9.26M	-12.36%
2017-09-30	$10.56M	2.41%
2017-06-30	$10.31M	-11.71%
2017-03-31	$11.68M	8.84%
2016-12-31	$10.73M	-16.87%
2016-09-30	$12.91M	7.87%
2016-06-30	$11.97M	-8.19%
2016-03-31	$13.03M	-8.75%
2015-12-31	$14.28M	-10.24%
2015-09-30	$15.91M	13.56%
2015-06-30	$14.01M	3.14%
2015-03-31	$13.59M	-11.50%
2014-12-31	$15.35M	-2.47%
2014-09-30	$15.74M	11.54%
2014-06-30	$14.11M	11.04%
2014-03-31	$12.71M	-10.70%
2013-12-31	$14.23M	15.07%
2013-09-30	$12.37M	5.67%
2013-06-30	$11.70M	3.63%
2013-03-31	$11.29M	-13.36%
2012-12-31	$13.04M	12.63%
2012-09-30	$11.57M	-0.70%
2012-06-30	$11.65M	14.78%
2012-03-31	$10.15M	-15.14%
2011-12-31	$11.96M	3.94%
2011-09-30	$11.51M	-3.19%
2011-06-30	$11.89M	11.11%
2011-03-31	$10.70M	-15.29%
2010-12-31	$12.63M	21.94%
2010-09-30	$10.36M	4.25%
2010-06-30	$9.94M	18.92%
2010-03-31	$8.36M	9.29%
2009-09-30	$7.65M	-2.72%
2009-06-30	$7.86M	3.26%
2009-03-31	$7.61M	-23.65%
2008-12-31	$9.97M	-2.81%
2008-09-30	$10.26M	-0.97%
2008-06-30	$10.36M	13.05%
2008-03-31	$9.16M	-

ClearOne generated $2.50M in revenue during Q3 2024, up 8.68% compared to the previous quarter, and up 45.67% compared to the same period a year ago.

ClearOne Revenue Breakdown

ClearOne Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Video Products	$2.59M	$3.55M	$6.44M	$8.99M	$4.62M
Microphones	$7.75M	$9.82M	$10.96M	$9.15M	$8.82M
Audio Conferencing	$8.37M	$11.83M	$11.57M	$10.93M	$11.61M

ClearOne's latest annual revenue breakdown by segment (product or service), as of Dec 23: Audio Conferencing (44.73%), Microphones (41.43%), and Video Products (13.84%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	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
Audio Conferencing	$929.00K	$905.00K	$1.52M	$3.75M	$2.29M	$2.17M	$3.20M	$3.28M	$3.18M	$2.72M	$2.92M	$3.10M	$2.83M	$2.73M	$2.77M	$2.65M	$2.79M	$3.09M	$2.92M	$2.89M
Microphones	$1.17M	$1.04M	$1.57M	$3.87M	$2.69M	$1.30M	$2.48M	$3.12M	$2.93M	$2.74M	$2.66M	$3.22M	$2.35M	$2.68M	$2.44M	$1.89M	$2.14M	$2.29M	$2.19M	$2.23M
Video Products	$403.00K	$356.00K	$528.00K	$1.43M	$506.00K	$548.00K	$588.00K	$975.00K	$1.44M	$1.75M	$1.42M	$1.42M	$1.85M	$3.16M	$3.21M	$1.82M	$804.00K	$943.00K	$883.00K	$1.30M

ClearOne's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Microphones (46.81%), Audio Conferencing (37.10%), and Video Products (16.09%).

ClearOne Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Asia, Middle East and Australia	$7.34M	$7.83M	$8.20M	$6.00M	$7.77M
Americas	$9.05M	$12.30M	$14.04M	$18.32M	$14.04M
Europe and Africa	$2.32M	$5.08M	$6.73M	$4.75M	$3.23M

ClearOne's latest annual revenue breakdown by geography, as of Dec 23: Americas (48.37%), Asia, Middle East and Australia (39.23%), and Europe and Africa (12.40%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	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
Americas	$932.00K	$1.21M	$1.09M	$4.09M	$3.38M	$2.09M	$3.25M	$3.18M	$3.78M	$3.46M	$3.42M	$3.64M	$3.52M	$4.75M	$6.21M	$4.00M	$3.35M	$3.55M	$3.23M	$3.49M
Europe and Africa	$214.00K	$253.00K	$528.00K	$980.00K	$427.00K	$667.00K	$995.00K	$1.72M	$1.70M	$1.70M	$1.44M	$2.30M	$1.29M	$1.96M	$1.05M	$774.00K	$966.00K	$764.00K	$826.00K	$958.00K
Asia, Middle East and Australia	-	-	-	-	-	$3.29M	$2.47M	$2.07M	$2.04M	$2.13M	$1.80M	$2.23M	$1.85M	$1.15M	$1.58M	$1.42M	-	-	-	-
Asia Middle East and Australia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.93M	$1.97M

ClearOne's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (81.33%), and Europe and Africa (18.67%).

ClearOne Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MINM	Minim	$26.11M	-
CLRO	ClearOne	$18.70M	$2.50M
SATX	Satixfy Communications	$10.73M	$1.91M
SYTA	Siyata Mobile	$8.23M	$2.36M
ASNS	Actelis Networks	$5.61M	$3.43M
MOB	Mobilicom	$3.30M	$1.63M

CLRO Revenue FAQ

What is ClearOne’s yearly revenue?

ClearOne's yearly revenue for 2023 was $18.7M, representing a decrease of -25.79% compared to 2022. The company's yearly revenue for 2022 was $25.2M, representing a decrease of -12.99% compared to 2021. CLRO's yearly revenue for 2021 was $28.97M, representing a decrease of -0.35% compared to 2020.

What is ClearOne’s quarterly revenue?

ClearOne's quarterly revenue for Q3 2024 was $2.5M, a 8.68% increase from the previous quarter (Q2 2024), and a -48.78% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.3M, a -36.39% decrease from the previous quarter (Q1 2024), and a -57.98% decrease year-over-year (Q2 2023). CLRO's quarterly revenue for Q1 2024 was $3.62M, a -12.81% decrease from the previous quarter (Q4 2023), and a -13.31% decrease year-over-year (Q1 2023).

What is ClearOne’s revenue growth rate?

ClearOne's revenue growth rate for the last 3 years (2021-2023) was -35.43%, and for the last 5 years (2019-2023) was -25.31%.

What are ClearOne’s revenue streams?

ClearOne's revenue streams in c 23 are Video Products, Microphones, and Audio Conferencing. Video Products generated $2.59M in revenue, accounting 13.84% of the company's total revenue, down -27.11% year-over-year. Microphones generated $7.75M in revenue, accounting 41.43% of the company's total revenue, down -21.12% year-over-year. Audio Conferencing generated $8.37M in revenue, accounting 44.73% of the company's total revenue, down -29.28% year-over-year.

What is ClearOne’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of ClearOne was Audio Conferencing. This segment made a revenue of $8.37M, representing 44.73% of the company's total revenue.