Co-Diagnostics (CODX) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Co-Diagnostics Revenue Highlights


Latest Revenue (Y)

$6.81M

Latest Revenue (Q)

$641.14K

Main Segment (Y)

Product Revenue

Main Geography (Y)

UNITED STATES

Co-Diagnostics Revenue by Period


Co-Diagnostics Revenue by Year

DateRevenueChange
2023-12-31$6.81M-80.09%
2022-12-31$34.22M-65.04%
2021-12-31$97.89M31.30%
2020-12-31$74.55M34579.90%
2019-12-31$214.97K438.63%
2018-12-31$39.91K420.90%
2017-12-31$7.66K100.00%
2016-12-31--100.00%
2015-12-31$10.00K-

Co-Diagnostics generated $6.81M in revenue during NA 2023, up -80.09% compared to the previous quarter, and up 17068.07% compared to the same period a year ago.

Co-Diagnostics Revenue by Quarter

DateRevenueChange
2024-09-30$641.14K297.97%
2024-06-30$161.10K-36.26%
2024-03-31$252.75K-92.89%
2023-12-31$3.56M44.69%
2023-09-30$2.46M1142.18%
2023-06-30$197.81K-67.14%
2023-03-31$601.96K-57.05%
2022-12-31$1.40M-72.49%
2022-09-30$5.09M1.42%
2022-06-30$5.02M-77.87%
2022-03-31$22.70M11.26%
2021-12-31$20.40M-32.22%
2021-09-30$30.10M10.03%
2021-06-30$27.36M36.62%
2021-03-31$20.02M-26.23%
2020-12-31$27.15M24.41%
2020-09-30$21.82M-9.24%
2020-06-30$24.04M1452.46%
2020-03-31$1.55M1326.35%
2019-12-31$108.57K162.02%
2019-09-30$41.43K-32.71%
2019-06-30$61.57K1711.00%
2019-03-31$3.40K-68.59%
2018-12-31$10.82K11.62%
2018-09-30$9.70K-
2018-06-30$9.70K-
2018-03-31$9.70K273.21%
2017-12-31$2.60K-
2017-09-30$2.60K5.35%
2017-06-30$2.47K100.00%
2017-03-31-100.00%
2016-12-31-100.00%
2016-09-30-100.00%
2016-06-30-100.00%
2016-03-31--

Co-Diagnostics generated $641.14K in revenue during Q3 2024, up 297.97% compared to the previous quarter, and up 324.13% compared to the same period a year ago.

Co-Diagnostics Revenue Breakdown


Co-Diagnostics Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23
Product Revenue$991.47K

Co-Diagnostics's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product Revenue (100.00%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23
Product Revenue$206.88K$252.75K$854.94K$136.53K
Grant Revenue$434.26K$215.11K--

Co-Diagnostics's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Grant Revenue (67.73%), and Product Revenue (32.27%).

Co-Diagnostics Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
UNITED STATES$659.62K$24.67M--
Rest of World$331.86K$9.55M$45.70M$29.69M
Americas--$52.19M-
United States---$44.86M

Co-Diagnostics's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (66.53%), and Rest of World (33.47%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Rest of World$77.10K$166.45K$14.05K$48.43K$60.58K$208.80K$155.12K$395.01K$523.87K$8.48M$2.92M$7.53M$10.43M$7.76M--
UNITED STATES$564.04K$301.40K$41.13K$88.11K$137.23K$393.15K----------
Americas-------$4.70M$4.50M$14.22M$17.48M$16.91M$5.37M---
Rest Of World-----------$13.19M$21.99M---
United States-------------$12.49M$16.71M$14.05M

Co-Diagnostics's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (87.97%), and Rest of World (12.03%).

Co-Diagnostics Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
INGNInogen$315.66M$88.83M
SRDXSurmodics$126.08M$30.34M
NPCENeuroPace$65.42M$21.06M
CVRXCVRx$39.30M$13.37M
CLPTClearPoint Neuro$23.95M$8.12M
RPIDRapid Micro Biosystems$22.52M$7.60M
HSCSHeart Test Laboratories$18.60M-
VVOSVivos Therapeutics$13.80M$3.86M
RSLSReShape Lifesciences$8.68M$2.29M
CODXCo-Diagnostics$6.81M$641.14K
NURONeuroMetrix$5.90M$587.31K
NAOVNanoVibronix$2.28M$376.00K
TIVCTivic Health Systems$1.18M$126.00K
IINNInspira Technologies Oxy B.H.N.--
BJDXBluejay Diagnostics--
NVNOenVVeno Medical--
MOVEMovano-$50.00K
BBLGBone Biologics--
BMRABiomerica-$1.81M

CODX Revenue FAQ


What is Co-Diagnostics’s yearly revenue?

Co-Diagnostics's yearly revenue for 2023 was $6.81M, representing a decrease of -80.09% compared to 2022. The company's yearly revenue for 2022 was $34.22M, representing a decrease of -65.04% compared to 2021. CODX's yearly revenue for 2021 was $97.89M, representing an increase of 31.30% compared to 2020.

What is Co-Diagnostics’s quarterly revenue?

Co-Diagnostics's quarterly revenue for Q3 2024 was $641.14K, a 297.97% increase from the previous quarter (Q2 2024), and a -73.91% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $161.1K, a -36.26% decrease from the previous quarter (Q1 2024), and a -18.56% decrease year-over-year (Q2 2023). CODX's quarterly revenue for Q1 2024 was $252.74K, a -92.89% decrease from the previous quarter (Q4 2023), and a -58.01% decrease year-over-year (Q1 2023).

What is Co-Diagnostics’s revenue growth rate?

Co-Diagnostics's revenue growth rate for the last 3 years (2021-2023) was -93.04%, and for the last 5 years (2019-2023) was 3068.77%.

What are Co-Diagnostics’s revenue streams?

Co-Diagnostics's revenue streams in c 23 are Product Revenue

What is Co-Diagnostics’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Co-Diagnostics was Product Revenue. This segment made a revenue of $991.47K, representing 100.00% of the company's total revenue.