Desktop Metal (DM) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Desktop Metal Revenue Highlights


Latest Revenue (Y)

$189.70M

Latest Revenue (Q)

$36.41M

Main Geography (Y)

Americas

Desktop Metal Revenue by Period


Desktop Metal Revenue by Year

DateRevenueChange
2023-12-31$189.70M-9.25%
2022-12-31$209.02M85.95%
2021-12-31$112.41M582.50%
2020-12-31$16.47M-52.37%
2019-12-31$34.58M-

Desktop Metal generated $189.70M in revenue during NA 2023, up -9.25% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Desktop Metal Revenue by Quarter

DateRevenueChange
2024-09-30$36.41M-6.49%
2024-06-30$38.93M-4.11%
2024-03-31$40.60M-22.44%
2023-12-31$52.35M22.45%
2023-09-30$42.75M-19.77%
2023-06-30$53.29M28.97%
2023-03-31$41.32M-31.77%
2022-12-31$60.56M28.61%
2022-09-30$47.09M-18.36%
2022-06-30$57.67M31.96%
2022-03-31$43.71M-22.89%
2021-12-31$56.68M122.82%
2021-09-30$25.44M34.05%
2021-06-30$18.98M67.75%
2021-03-31$11.31M35.18%
2020-12-31$8.37M231.18%
2020-09-30$2.53M15.44%
2020-06-30$2.19M-35.33%
2020-03-31$3.38M-39.15%
2019-12-31$5.56M-36.75%
2019-09-30$8.79M45.60%
2019-06-30$6.04M-
2019-03-31$6.04M-

Desktop Metal generated $36.41M in revenue during Q3 2024, up -6.49% compared to the previous quarter, and up 68.32% compared to the same period a year ago.

Desktop Metal Revenue Breakdown


Desktop Metal Revenue Breakdown by Product

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Sep 18Jun 18Mar 18
Product$31.94M$31.41M---
Service$4.47M$7.52M---
Natural Gas Nonregulated--$162.20M$124.00M-
Natural Gas Us Regulated--$119.40M$117.70M-
Product And Service Other--$1.80M--
Gas Infrastructure----$110.10M
Corporate And Other-----

Desktop Metal's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (87.73%), and Service (12.27%).

Desktop Metal Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
Americas$119.77M$11.32M$4.09M$1.42M
APAC$15.53M$1.29M$634.00K-
EMEA$54.40M$6.16M$1.69M-
E M E A---$1.16M
Asia Pacific---$178.00K

Desktop Metal's latest annual revenue breakdown by geography, as of Dec 23: Americas (63.14%), EMEA (28.67%), and APAC (8.19%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Americas$23.39M$23.88M$28.59M$113.88M$3.11M$2.78M$3.32M$2.46M$2.74M$2.81M$1.47M$1.00M$904.00K$705.00K
EMEA$8.66M$10.43M$9.45M$50.60M$2.26M$1.54M$1.73M$1.28M$1.95M$1.20M$770.00K$327.00K--
Asia Pacific$4.36M$4.62M$132.00K$82.00K----------
APAC--$2.57M$14.71M$521.00K$299.00K$339.00K$413.00K$316.00K$224.00K$264.00K$157.00K--
E M E A------------$381.00K$215.00K

Desktop Metal's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (64.24%), EMEA (23.78%), and Asia Pacific (11.99%).

Desktop Metal Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
HPQHP$53.72B$13.52B
SMCISuper Micro Computer$5.84B$3.85B
CRCTCricut$765.15M$167.95M
SSYSStratasys$627.60M$144.05M
DDD3D Systems$488.07M$113.25M
QMCOQuantum$311.60M$71.34M
CANCanaan$211.48M$35.09M
DMDesktop Metal$189.70M$36.41M
MKFGMarkforged$93.78M$21.69M
VLDVelo3D$77.56M$10.34M
NNDMNano Dimension$56.31M$13.51M
IONQIonQ$22.04M$7.58M
RGTIRigetti Computing$12.01M$3.09M
QBTSD-Wave Quantum$8.76M$2.18M
QUBTQuantum Computing$358.05K$183.00K

DM Revenue FAQ


Desktop Metal's yearly revenue for 2023 was $189.7M, representing a decrease of -9.25% compared to 2022. The company's yearly revenue for 2022 was $209.02M, representing an increase of 85.95% compared to 2021. DM's yearly revenue for 2021 was $112.41M, representing an increase of 582.50% compared to 2020.

Desktop Metal's quarterly revenue for Q3 2024 was $36.4M, a -6.49% decrease from the previous quarter (Q2 2024), and a -14.84% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $38.93M, a -4.11% decrease from the previous quarter (Q1 2024), and a -26.94% decrease year-over-year (Q2 2023). DM's quarterly revenue for Q1 2024 was $40.6M, a -22.44% decrease from the previous quarter (Q4 2023), and a -1.73% decrease year-over-year (Q1 2023).

Desktop Metal's revenue growth rate for the last 3 years (2021-2023) was 68.76%, and for the last 5 years (2019-2023) was 448.55%.