Duos Technologies Group (DUOT) Revenue & Revenue Breakdown

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Duos Technologies Group Revenue Highlights

Latest Revenue (Y)

$7.47M

Latest Revenue (Q)

$3.24M

Main Segment (Y)

Product

Main Geography (Y)

North America

Duos Technologies Group Revenue by Period

Duos Technologies Group Revenue by Year

Date	Revenue	Change
2023-12-31	$7.47M	-50.23%
2022-12-31	$15.01M	81.75%
2021-12-31	$8.26M	2.74%
2020-12-31	$8.04M	-41.07%
2019-12-31	$13.64M	13.22%
2018-12-31	$12.05M	210.16%
2017-12-31	$3.88M	-36.37%
2016-12-31	$6.10M	-9.79%
2015-12-31	$6.77M	1586.41%
2014-12-31	$401.31K	-33.95%
2013-12-31	$607.60K	-1.55%
2012-12-31	$617.19K	-7.35%
2011-12-31	$666.15K	-37.78%
2010-12-31	$1.07M	37.23%
2009-12-31	$780.24K	-36.33%
2008-12-31	$1.23M	166.46%
2007-12-31	$459.91K	-

Duos Technologies Group generated $7.47M in revenue during NA 2023, up -50.23% compared to the previous quarter, and up 62.01% compared to the same period a year ago.

Duos Technologies Group Revenue by Quarter

Date	Revenue	Change
2024-09-30	$3.24M	114.43%
2024-06-30	$1.51M	41.08%
2024-03-31	$1.07M	-29.83%
2023-12-31	$1.53M	-0.33%
2023-09-30	$1.53M	-13.51%
2023-06-30	$1.77M	-33.06%
2023-03-31	$2.64M	-55.44%
2022-12-31	$5.93M	47.52%
2022-09-30	$4.02M	11.20%
2022-06-30	$3.62M	151.31%
2022-03-31	$1.44M	-61.27%
2021-12-31	$3.72M	113.51%
2021-09-30	$1.74M	168.31%
2021-06-30	$648.67K	-69.90%
2021-03-31	$2.15M	-43.06%
2020-12-31	$3.78M	195.21%
2020-09-30	$1.28M	-35.33%
2020-06-30	$1.98M	100.03%
2020-03-31	$990.95K	-82.75%
2019-12-31	$5.75M	161.33%
2019-09-30	$2.20M	63.35%
2019-06-30	$1.35M	-69.08%
2019-03-31	$4.35M	70.11%
2018-12-31	$2.56M	-49.86%
2018-09-30	$5.10M	57.47%
2018-06-30	$3.24M	182.25%
2018-03-31	$1.15M	79.19%
2017-12-31	$640.62K	-38.74%
2017-09-30	$1.05M	-10.04%
2017-06-30	$1.16M	12.24%
2017-03-31	$1.04M	-50.36%
2016-12-31	$2.09M	52.60%
2016-09-30	$1.37M	-17.00%
2016-06-30	$1.65M	64.02%
2016-03-31	$1.00M	-44.66%
2015-12-31	$1.81M	-19.07%
2015-09-30	$2.24M	39.36%
2015-06-30	$1.61M	31626.86%
2015-03-31	$5.07K	-95.70%
2014-12-31	$117.92K	466.64%
2014-09-30	$20.81K	-84.63%
2014-06-30	$135.42K	6.49%
2014-03-31	$127.17K	533.35%
2013-12-31	$20.08K	-87.25%
2013-09-30	$157.44K	-29.40%
2013-06-30	$223.02K	6.78%
2013-03-31	$208.86K	68.62%
2012-12-31	$123.87K	-52.29%
2012-09-30	$259.62K	64.20%
2012-06-30	$158.11K	109.15%
2012-03-31	$75.59K	-75.16%
2011-12-31	$304.27K	90.17%
2011-09-30	$160.00K	114.42%
2011-06-30	$74.62K	-41.36%
2011-03-31	$127.25K	-53.41%
2010-12-31	$273.13K	-10.72%
2010-09-30	$305.93K	30.19%
2010-06-30	$234.99K	-8.44%
2010-03-31	$256.65K	48.03%
2009-12-31	$173.38K	-36.15%
2009-09-30	$271.53K	99.29%
2009-06-30	$136.25K	-31.56%
2009-03-31	$199.08K	22.17%
2008-12-31	$162.96K	-51.09%
2008-09-30	$333.21K	-29.56%
2008-06-30	$473.02K	84.58%
2008-03-31	$256.26K	19.70%
2007-12-31	$214.10K	-

Duos Technologies Group generated $3.24M in revenue during Q3 2024, up 114.43% compared to the previous quarter, and up 182.98% compared to the same period a year ago.

Duos Technologies Group Revenue Breakdown

Duos Technologies Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 18
Service, Other	$3.85M	$3.82M	$2.39M	-	-
Product	$4.35M	$11.19M	$5.87M	-	-
Overhead	-	-	$2.30M	-	-
Technology systems	-	-	-	$4.96M	-
AI technologies	-	-	-	$1.01M	-
Consulting services	-	-	-	$273.60K	-
Technical support	-	-	-	$1.80M	-
Project Revenues	-	-	-	-	$10.75M
IT Asset Management Services Revenues	-	-	-	-	$124.48K
Maintenance and Technical Support Revenues	-	-	-	-	$1.17M

Duos Technologies Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (53.04%), and Service, Other (46.96%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 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	Sep 19
Service, Other	$1.55M	$1.25M	$800.83K	$2.21M	$825.07K	$816.52K	$1.02M	$1.31M	$837.10K	$656.05K	$588.22K	$587.31K	$548.27K	-	-	-	-	-	-	-
Technology Service	$1.69M	$780.91K	$583.44K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	-	-	-	$1.64M	$883.84K	$1.83M	$4.92M	$2.71M	$2.78M	$783.27K	$3.13M	$1.15M	$100.40K	-	-	-	-	-	-	-
Maintenance And Support	-	-	-	-	-	$709.17K	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Overhead	-	-	-	-	-	-	-	-	-	-	-	-	$657.91K	$593.23K	$503.59K	-	-	-	-	-
Technology systems	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.49M	$2.35M	$672.95K	-	-	-
Services and consulting	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$664.46K	-	-	-	-	-
Consulting services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$88.92K	$50.22K	-	-	-
Technical support	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$571.23K	$502.50K	-	-	-
AI technologies	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$774.17K	$56.28K	$178.22K	-	-
Maintenance and Technical Support Revenues	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$382.12K	$229.01K	-
IT Asset Management Services Revenues	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.38K	$48.09K	-
Project Revenues	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.42M	$1.92M	-
Consulting Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$132.08K	-
Technical Support	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$345.19K	-
Technology Systems	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$513.67K	-

Duos Technologies Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Technology Service (52.07%), and Service, Other (47.93%).

Duos Technologies Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 18
North America	$7.47M	-	-	-	-
A I	-	$234.77K	-	-	-
It Suppliers	-	-	$3.18K	-	-
IT Suppliers	-	-	-	$7.16K	$124.48K

Duos Technologies Group's latest annual revenue breakdown by geography, as of Dec 23: North America (100.00%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Mar 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	Sep 19	Jun 19
North America	$3.24M	$1.51M	$1.07M	$5.94M	$1.53M	$3.72M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service, Other	-	-	-	-	-	$816.52K	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	-	-	-	-	-	$1.83M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
A I	-	-	-	-	-	-	$479.19K	$183.38K	$150.44K	$131.41K	$204.53K	$3.99K	-	-	-	-	-	-	-	-
It Suppliers	-	-	-	-	-	-	-	-	-	-	-	$945.00	$795.00	-	-	-	-	-	-	-
IT Suppliers	-	-	-	-	-	-	-	-	-	-	-	-	-	$130.59K	$88.92K	$47.83K	$2.38K	$129.70K	$53.86K	$32.81K

Duos Technologies Group's latest quarterly revenue breakdown by geography, as of Sep 24: North America (100.00%).

Duos Technologies Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
OCFT	OneConnect Financial	$3.67B	$723.27M
RBT	Rubicon	$697.58M	$163.06M
ADEA	Adeia	$388.79M	$86.10M
ALKT	Alkami	$264.83M	$85.91M
BCOV	Brightcove	$201.19M	$49.95M
ENFN	Enfusion	$174.53M	$51.17M
AMSWA	American Software	$102.52M	$26.19M
CCRD	CoreCard	$56.00M	$15.70M
PBTS	X3	$10.48M	$1.73M
DUOT	Duos Technologies Group	$7.47M	$3.24M
MYSZ	My Size	$7.00M	$1.84M
IDAI	T Stamp	$4.56M	$511.08K
IDBA	IDEX Biometrics ASA	$4.09M	$1.46M
AMST	Amesite	$166.88K	$11.25K

DUOT Revenue FAQ

What is Duos Technologies Group’s yearly revenue?

Duos Technologies Group's yearly revenue for 2023 was $7.47M, representing a decrease of -50.23% compared to 2022. The company's yearly revenue for 2022 was $15.01M, representing an increase of 81.75% compared to 2021. DUOT's yearly revenue for 2021 was $8.26M, representing an increase of 2.74% compared to 2020.

What is Duos Technologies Group’s quarterly revenue?

Duos Technologies Group's quarterly revenue for Q3 2024 was $3.24M, a 114.43% increase from the previous quarter (Q2 2024), and a 111.57% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.51M, a 41.08% increase from the previous quarter (Q1 2024), and a -14.66% decrease year-over-year (Q2 2023). DUOT's quarterly revenue for Q1 2024 was $1.07M, a -29.83% decrease from the previous quarter (Q4 2023), and a -59.51% decrease year-over-year (Q1 2023).

What is Duos Technologies Group’s revenue growth rate?

Duos Technologies Group's revenue growth rate for the last 3 years (2021-2023) was -9.55%, and for the last 5 years (2019-2023) was -45.23%.

What are Duos Technologies Group’s revenue streams?

Duos Technologies Group's revenue streams in c 23 are Service, Other, and Product. Service, Other generated $3.85M in revenue, accounting 46.96% of the company's total revenue, up 0.81% year-over-year. Product generated $4.35M in revenue, accounting 53.04% of the company's total revenue, down -61.11% year-over-year.

What is Duos Technologies Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Duos Technologies Group was Product. This segment made a revenue of $4.35M, representing 53.04% of the company's total revenue.