Forge Global (FRGE) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Forge Global Revenue Highlights


Latest Revenue (Y)

$79.33M

Latest Revenue (Q)

$19.22M

Main Segment (Y)

Custodial Administration Fees

Main Geography (Y)

Non-US

Forge Global Revenue by Period


Forge Global Revenue by Year

DateRevenueChange
2024-12-31$79.33M13.62%
2023-12-31$69.82M1.34%
2022-12-31$68.90M-46.20%
2021-12-31$128.06M168.15%
2020-12-31$47.76M98.58%
2019-12-31$24.05M-

Forge Global generated $79.33M in revenue during NA 2024, up 13.62% compared to the previous quarter, and up 329.86% compared to the same period a year ago.

Forge Global Revenue by Quarter

DateRevenueChange
2024-09-30$19.22M-13.76%
2024-06-30$22.28M15.80%
2024-03-31$19.24M0.96%
2023-12-31$19.06M3.50%
2023-09-30$18.41M10.69%
2023-06-30$16.64M7.61%
2023-03-31$15.46M-7.61%
2022-12-31$16.73M5.82%
2022-09-30$15.81M-3.94%
2022-06-30$16.46M-17.23%
2022-03-31$19.89M-39.44%
2021-12-31$32.84M21.30%
2021-09-30$27.08M-26.93%
2021-06-30$37.06M19.23%
2021-03-31$31.08M65.05%
2020-12-31$18.83M-

Forge Global generated $19.22M in revenue during Q3 2024, up -13.76% compared to the previous quarter, and up 115.50% compared to the same period a year ago.

Forge Global Revenue Breakdown


Forge Global Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22
Custodial Administration Fees$41.79M$44.03M$28.72M
Marketplace$37.54M$25.79M-
Placement Fees--$40.66M

Forge Global's latest annual revenue breakdown by segment (product or service), as of Dec 24: Custodial Administration Fees (52.68%), and Marketplace (47.32%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Marketplace$20.31M$8.71M$8.52M--------
Custodial Administration Fees$20.56M$10.50M$10.72M$10.91M$11.28M$11.00M$10.85M$9.92M$7.67M$5.69M$5.44M
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 Dec 24: Custodial Administration Fees (50.31%), and Marketplace (49.69%).

Forge Global Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22
Non-US$5.30M$4.70M$6.90M

Forge Global's latest annual revenue breakdown by geography, as of Dec 24: Non-US (100.00%).

Quarterly Revenue by Country

CountryDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Non-US$2.70M$1.10M$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 Dec 24: Non-US (100.00%).

Forge Global Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CWANClearwater Analytics$451.80M$115.83M
AMPLAmplitude$299.27M$75.22M
ENFNEnfusion$201.61M$51.17M
VTEXVTEX$201.52M$52.65M
ONTFON24$148.08M$37.35M
LAWCS Disco$144.84M$36.27M
DHXDHI Group$141.93M$35.28M
EXFYExpensify$139.24M$35.41M
FRGEForge Global$79.33M$19.22M
AIXIXiao-I$8.34M$4.53M

FRGE Revenue FAQ


What is Forge Global’s yearly revenue?

Forge Global's yearly revenue for 2024 was $79.33M, representing an increase of 13.62% compared to 2023. The company's yearly revenue for 2023 was $69.82M, representing an increase of 1.34% compared to 2022. FRGE's yearly revenue for 2022 was $68.9M, representing a decrease of -46.20% compared to 2021.

What is Forge Global’s quarterly revenue?

Forge Global's quarterly revenue for Q3 2024 was $19.22M, a -13.76% decrease from the previous quarter (Q2 2024), and a 4.35% increase year-over-year (Q3 2023). The company'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). FRGE'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).

What is Forge Global’s revenue growth rate?

Forge Global's revenue growth rate for the last 3 years (2022-2024) was 15.14%, and for the last 5 years (2020-2024) was 66.11%.

What are Forge Global’s revenue streams?

Forge Global's revenue streams in c 24 are Custodial Administration Fees, and Marketplace. Custodial Administration Fees generated $41.79M in revenue, accounting 52.68% of the company's total revenue, down -5.09% year-over-year. Marketplace generated $37.54M in revenue, accounting 47.32% of the company's total revenue, up 45.56% year-over-year.

What is Forge Global’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Forge Global was Custodial Administration Fees. This segment made a revenue of $41.79M, representing 52.68% of the company's total revenue.