EngageSmart (ESMT) Revenue & Revenue Breakdown


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EngageSmart Revenue Highlights


Latest Revenue (Y)

$303.92M

Latest Revenue (Q)

$97.73M

Main Segment (Y)

S M B Solutions

EngageSmart Revenue by Period


EngageSmart Revenue by Year

DateRevenueChange
2022-12-31$303.92M40.52%
2021-12-31$216.28M47.57%
2020-12-31$146.56M77.79%
2019-12-31$82.43M-

EngageSmart generated $303.92M in revenue during NA 2022, up 40.52% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

EngageSmart Revenue by Quarter

DateRevenueChange
2023-09-30$97.73M3.52%
2023-06-30$94.41M6.76%
2023-03-31$88.43M5.40%
2022-12-31$83.90M6.48%
2022-09-30$78.80M6.68%
2022-06-30$73.86M9.65%
2022-03-31$67.36M9.33%
2021-12-31$61.62M11.03%
2021-09-30$55.49M7.24%
2021-06-30$51.75M9.12%
2021-03-31$47.42M5.39%
2020-12-31$45.00M15.30%
2020-09-30$39.03M-

EngageSmart generated $97.73M in revenue during Q3 2023, up 3.52% compared to the previous quarter, and up 132.32% compared to the same period a year ago.

EngageSmart Revenue Breakdown


EngageSmart Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21
Enterprise Solutions$138.46M$107.55M
S M B Solutions$165.46M$108.73M

EngageSmart's latest annual revenue breakdown by segment (product or service), as of Dec 22: S M B Solutions (54.44%), and Enterprise Solutions (45.56%).

Quarterly Revenue by Product

Product/ServiceSep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Enterprise Solutions$42.25M$41.31M$38.65M$38.71M$35.87M$33.02M$30.86M$30.56M$27.28M
S M B Solutions$55.48M$53.10M$49.79M$45.19M$42.93M$40.84M$36.50M$31.06M$28.22M

EngageSmart's latest quarterly revenue breakdown by segment (product or service), as of Sep 23: S M B Solutions (56.77%), and Enterprise Solutions (43.23%).

EngageSmart Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$694.71B$211.98B
FLYWFlywire$403.09B$103.68M
CSGSCSG Systems$1.17B$295.13M
NTCTNetScout Systems$829.46M$174.56M
EVCMEverCommerce$675.37M$177.39M
GBGlobal Blue Group$422.30M$105.24M
IIIVi3 Verticals$370.24M$56.04M
CCSIConsensus Cloud Solutions$362.56M$87.50M
ESMTEngageSmart$303.92M$97.73M
BASECouchbase$180.04M$51.59M
LVOXLiveVox$136.03M$35.35M

ESMT Revenue FAQ


EngageSmart's yearly revenue for 2022 was $303.92M, representing an increase of 40.52% compared to 2021. The company's yearly revenue for 2021 was $216.28M, representing an increase of 47.57% compared to 2020. ESMT's yearly revenue for 2020 was $146.56M, representing an increase of 77.79% compared to 2019.

EngageSmart's quarterly revenue for Q3 2023 was $97.73M, a 3.52% increase from the previous quarter (Q2 2023), and a 24.03% increase year-over-year (Q3 2022). The company's quarterly revenue for Q2 2023 was $94.41M, a 6.76% increase from the previous quarter (Q1 2023), and a 27.82% increase year-over-year (Q2 2022). ESMT's quarterly revenue for Q1 2023 was $88.43M, a 5.40% increase from the previous quarter (Q4 2022), and a 31.28% increase year-over-year (Q1 2022).

EngageSmart's revenue growth rate for the last 3 years (2020-2022) was 107.37%

EngageSmart's revenue streams in c 22 are Enterprise Solutions, and S M B Solutions. Enterprise Solutions generated $138.46M in revenue, accounting 45.56% of the company's total revenue, up 28.74% year-over-year. S M B Solutions generated $165.46M in revenue, accounting 54.44% of the company's total revenue, up 52.18% year-over-year.

For the fiscal year ending Dec 22, the largest source of revenue of EngageSmart was S M B Solutions. This segment made a revenue of $165.46M, representing 54.44% of the company's total revenue.