Forge Global (FRGE) Revenue & Revenue Breakdown
Forge Global Revenue Highlights
Latest Revenue (Y)
$69.82M
Latest Revenue (Q)
$22.28M
Main Segment (Y)
Custodial Administration Fees
Main Geography (Y)
Non-US
Forge Global Revenue by Period
Forge Global Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $69.82M | 1.34% |
| 2022-12-31 | $68.90M | -46.20% |
| 2021-12-31 | $128.06M | 168.15% |
| 2020-12-31 | $47.76M | 98.58% |
| 2019-12-31 | $24.05M | - |
Forge Global generated $69.82M in revenue during NA 2023, up 1.34% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Forge Global Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $22.28M | 15.80% |
| 2024-03-31 | $19.24M | 0.96% |
| 2023-12-31 | $19.06M | 3.50% |
| 2023-09-30 | $18.41M | 10.69% |
| 2023-06-30 | $16.64M | 7.61% |
| 2023-03-31 | $15.46M | -7.61% |
| 2022-12-31 | $16.73M | 5.82% |
| 2022-09-30 | $15.81M | -3.94% |
| 2022-06-30 | $16.46M | -17.23% |
| 2022-03-31 | $19.89M | -39.44% |
| 2021-12-31 | $32.84M | 21.30% |
| 2021-09-30 | $27.08M | -26.93% |
| 2021-06-30 | $37.06M | 19.23% |
| 2021-03-31 | $31.08M | 65.05% |
| 2020-12-31 | $18.83M | - |
Forge Global generated $22.28M in revenue during Q2 2024, up 15.80% compared to the previous quarter, and up 144.13% compared to the same period a year ago.
Forge Global Revenue Breakdown
Forge Global Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 |
|---|---|---|
| Custodial Administration Fees | $44.03M | $28.72M |
| Marketplace | $25.79M | - |
| Placement Fees | - | $40.66M |
Forge Global's latest annual revenue breakdown by segment (product or service), as of Dec 23: Custodial Administration Fees (63.06%), and Marketplace (36.94%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 |
|---|---|---|---|---|---|---|---|---|---|
| Custodial Administration Fees | $10.72M | $10.91M | $11.28M | $11.00M | $10.85M | $9.92M | $7.67M | $5.69M | $5.44M |
| Marketplace | $8.52M | - | - | - | - | - | - | - | - |
| Placement Fees | - | - | $7.28M | $4.63M | $6.90M | $8.23M | $10.95M | $14.59M | - |
Forge Global's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Custodial Administration Fees (55.72%), and Marketplace (44.28%).
Forge Global Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 |
|---|---|---|
| Non-US | $4.70M | $6.90M |
Forge Global's latest annual revenue breakdown by geography, as of Dec 23: Non-US (100.00%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 |
|---|---|---|---|---|---|---|---|---|---|
| Non-US | $1.50M | $1.80M | $1.00M | $1.00M | $900.00K | $800.00K | $1.90M | $1.36M | $2.93M |
Forge Global's latest quarterly revenue breakdown by geography, as of Mar 24: Non-US (100.00%).
Forge Global Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ENV | Envestnet | $1.25B | $348.27M |
| CVT | Cvent | $630.56M | $166.21M |
| CWAN | Clearwater Analytics | $368.17M | $106.79M |
| AMPL | Amplitude | $276.28M | $73.30M |
| VTEX | VTEX | $201.52M | $52.65M |
| ENFN | Enfusion | $174.53M | $49.45M |
| ONTF | ON24 | $163.71M | $37.35M |
| DHX | DHI Group | $151.88M | $36.02M |
| EXFY | Expensify | $150.69M | $33.29M |
| LAW | CS Disco | $138.09M | $36.01M |
| FRGE | Forge Global | $69.82M | $22.28M |
| AIXI | Xiao-I | $8.34M | $4.53M |
| IDBA | IDEX Biometrics ASA | $4.09M | $1.46M |
FRGE Revenue FAQ
What is Forge Global’s yearly revenue?
Forge Global's yearly revenue for 2023 was $69.82M, representing an increase of 1.34% compared to 2022. The company's yearly revenue for 2022 was $68.9M, representing a decrease of -46.20% compared to 2021. FRGE's yearly revenue for 2021 was $128.06M, representing an increase of 168.15% compared to 2020.
What is Forge Global’s quarterly revenue?
Forge Global's quarterly revenue for Q2 2024 was $22.28M, a 15.80% increase from the previous quarter (Q1 2024), and a 33.93% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $19.24M, a 0.96% increase from the previous quarter (Q4 2023), and a 24.46% increase year-over-year (Q1 2023). FRGE's quarterly revenue for Q4 2023 was $19.06M, a 3.50% increase from the previous quarter (Q3 2023), and a 13.89% increase year-over-year (Q4 2022).
What is Forge Global’s revenue growth rate?
Forge Global's revenue growth rate for the last 3 years (2021-2023) was -45.48%, and for the last 5 years (2019-2023) was 190.33%.
What are Forge Global’s revenue streams?
Forge Global's revenue streams in c 23 are Custodial Administration Fees, and Marketplace. Custodial Administration Fees generated $44.03M in revenue, accounting 63.06% of the company's total revenue, up 53.32% year-over-year. Marketplace generated $25.79M in revenue, accounting 36.94% of the company's total revenue
What is Forge Global’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Forge Global was Custodial Administration Fees. This segment made a revenue of $44.03M, representing 63.06% of the company's total revenue.