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Guardforce AI (GFAI) Revenue & Revenue Breakdown

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Guardforce AI Revenue Highlights

Latest Revenue (Y)

$36.28M

Latest Revenue (Q)

$17.87M

Guardforce AI Revenue by Period

Guardforce AI Revenue by Year

DateRevenueChange
2023-12-31$36.28M5.23%
2022-12-31$34.48M-1.92%
2021-12-31$35.15M-6.63%
2020-12-31$37.65M-2.39%
2019-12-31$38.57M3.29%
2018-12-31$37.34M8.32%
2017-12-31$34.48M-

Guardforce AI generated $36.28M in revenue during NA 2023, up 5.23% compared to the previous quarter, and up 97.15% compared to the same period a year ago.

Guardforce AI Revenue by Quarter

DateRevenueChange
2023-12-31$17.87M-2.97%
2023-06-30$18.41M5.01%
2022-12-31$17.54M3.50%
2022-06-30$16.94M1.16%
2021-12-31$16.75M90.57%
2021-09-30$8.79M-52.25%
2021-06-30$18.41M109.43%
2021-03-31$8.79M-53.55%
2020-12-31$18.92M101.02%
2020-09-30$9.41M-49.74%
2020-06-30$18.73M98.98%
2020-03-31$9.41M-52.81%
2019-12-31$19.95M106.84%
2019-09-30$9.64M-48.23%
2019-06-30$18.63M93.16%
2019-03-31$9.64M-47.58%
2018-12-31$18.39M-2.93%
2018-06-30$18.95M-

Guardforce AI generated $17.87M in revenue during Q4 2023, up -2.97% compared to the previous quarter, and up 203.31% compared to the same period a year ago.

Guardforce AI Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ADTADT$4.98B$1.22B
BCOBrink's Company$4.87B$-2.49B
ALLEAllegion$3.65B$967.10M
MGMistras Group$705.47M$182.69M
BAERBridger Aerospace Group$66.71M$64.51M
GFAIGuardforce AI$36.28M$17.87M
SPCBSuperCom$26.57M$6.85M
KSCPKnightscope$12.80M$2.54M
LGMKLogicMark$9.93M$2.85M
IVDAIveda Solutions$6.50M$2.40M

GFAI Revenue FAQ

What is Guardforce AI’s yearly revenue?

Guardforce AI's yearly revenue for 2023 was $36.28M, representing an increase of 5.23% compared to 2022. The company's yearly revenue for 2022 was $34.48M, representing a decrease of -1.92% compared to 2021. GFAI's yearly revenue for 2021 was $35.15M, representing a decrease of -6.63% compared to 2020.

What is Guardforce AI’s quarterly revenue?

Guardforce AI's quarterly revenue for Q4 2023 was $17.87M, a -2.97% decrease from the previous quarter (Q2 2023), and a 6.68% increase year-over-year (Q4 2021). The company's quarterly revenue for Q2 2023 was $18.41M, a 5.01% increase from the previous quarter (Q4 2022), and a 109.52% increase year-over-year (Q3 2021). GFAI's quarterly revenue for Q4 2022 was $17.54M, a 3.50% increase from the previous quarter (Q2 2022), and a -4.72% decrease year-over-year (Q2 2021).

What is Guardforce AI’s revenue growth rate?

Guardforce AI's revenue growth rate for the last 3 years (2021-2023) was 3.21%, and for the last 5 years (2019-2023) was -5.94%.