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Forge Global (FRGE) Revenue & Revenue Breakdown

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Forge Global Revenue Highlights

Latest Revenue (Y)

$69.82M

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
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 $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

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 23Dec 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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Marketplace$8.71M$8.52M--------
Custodial Administration Fees$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 Sep 24: Custodial Administration Fees (54.66%), and Marketplace (45.34%).

Forge Global Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 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

CountrySep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Non-US$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 Sep 24: Non-US (100.00%).

Forge Global Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CWANClearwater Analytics$368.17M$115.83M
AMPLAmplitude$276.28M$75.22M
VTEXVTEX$201.52M$52.65M
ENFNEnfusion$174.53M$51.17M
ONTFON24$163.71M$37.35M
DHXDHI Group$151.88M$35.28M
EXFYExpensify$150.69M$35.41M
LAWCS Disco$138.09M$36.27M
FRGEForge Global$69.82M$19.22M
AIXIXiao-I$8.34M$4.53M

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 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 (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.