Desktop Metal (DM) Revenue & Revenue Breakdown
Desktop Metal Revenue Highlights
Latest Revenue (Y)
$189.70M
Latest Revenue (Q)
$38.93M
Main Geography (Y)
Americas
Desktop Metal Revenue by Period
Desktop Metal Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $189.70M | -9.25% |
| 2022-12-31 | $209.02M | 85.95% |
| 2021-12-31 | $112.41M | 582.50% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $38.93M | -4.11% |
| 2024-03-31 | $40.60M | -22.44% |
| 2023-12-31 | $52.35M | 22.45% |
| 2023-09-30 | $42.75M | -19.77% |
| 2023-06-30 | $53.29M | 28.97% |
| 2023-03-31 | $41.32M | -31.77% |
| 2022-12-31 | $60.56M | 28.61% |
| 2022-09-30 | $47.09M | -18.36% |
| 2022-06-30 | $57.67M | 31.96% |
| 2022-03-31 | $43.71M | -22.89% |
| 2021-12-31 | $56.68M | 122.82% |
| 2021-09-30 | $25.44M | 34.05% |
| 2021-06-30 | $18.98M | 67.75% |
| 2021-03-31 | $11.31M | 35.18% |
| 2020-12-31 | $8.37M | 231.18% |
| 2020-09-30 | $2.53M | 15.44% |
| 2020-06-30 | $2.19M | -35.33% |
| 2020-03-31 | $3.38M | 100.00% |
| 2019-12-31 | - | 100.00% |
| 2019-09-30 | - | 100.00% |
| 2019-06-30 | - | 100.00% |
| 2019-03-31 | - | - |
Desktop Metal generated $38.93M in revenue during Q2 2024, up -4.11% compared to the previous quarter, and up 94.23% compared to the same period a year ago.
Desktop Metal Revenue Breakdown
Desktop Metal Revenue Breakdown by Product
Quarterly Revenue by Product
| Product/Service | Jun 24 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|
| Service | $7.52M | - | - | - |
| Product | $31.41M | - | - | - |
| 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 Jun 24: Product (80.68%), and Service (19.32%).
Desktop Metal Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Americas | $119.77M | $11.32M | $4.09M | $1.42M |
| EMEA | $54.40M | $6.16M | $1.69M | - |
| APAC | $15.53M | $1.29M | $634.00K | - |
| 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
| Country | Jun 24 | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $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 |
| Asia Pacific | $4.62M | $132.00K | $82.00K | - | - | - | - | - | - | - | - | - | - |
| EMEA | $10.43M | $9.45M | $50.60M | $2.26M | $1.54M | $1.73M | $1.28M | $1.95M | $1.20M | $770.00K | $327.00K | - | - |
| 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 Jun 24: Americas (61.34%), EMEA (26.80%), and Asia Pacific (11.87%).
Desktop Metal Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| HPQ | HP | $53.72B | $13.52B |
| SMCI | Super Micro Computer | $5.84B | $3.85B |
| CRCT | Cricut | $765.15M | $167.95M |
| SSYS | Stratasys | $627.60M | $144.05M |
| DDD | 3D Systems | $488.07M | $113.25M |
| QMCO | Quantum | $311.60M | $71.34M |
| CAN | Canaan | $211.48M | $35.09M |
| DM | Desktop Metal | $189.70M | $38.93M |
| MKFG | Markforged | $93.78M | $21.69M |
| VLD | Velo3D | $77.56M | $10.34M |
| NNDM | Nano Dimension | $56.31M | $13.51M |
| IONQ | IonQ | $22.04M | $7.58M |
| RGTI | Rigetti Computing | $12.01M | $3.09M |
| QBTS | D-Wave Quantum | $8.76M | $2.18M |
| QUBT | Quantum Computing | $358.05K | $27.32K |
DM Revenue FAQ
What is Desktop Metal’s yearly revenue?
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.
What is Desktop Metal’s quarterly revenue?
Desktop Metal'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). The company'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). DM's quarterly revenue for Q4 2023 was $52.35M, a 22.45% increase from the previous quarter (Q3 2023), and a -13.56% decrease year-over-year (Q4 2022).
What is Desktop Metal’s revenue growth rate?
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%.