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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
Marketplace$25.79M-
Custodial Administration Fees$44.03M$28.72M
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 Marketplace, and Custodial Administration Fees. Marketplace generated $25.79M in revenue, accounting 36.94% of the company's total revenue Custodial Administration Fees generated $44.03M in revenue, accounting 63.06% of the company's total revenue, up 53.32% year-over-year.

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.