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Gogoro (GGR) Revenue & Revenue Breakdown

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Gogoro Revenue Highlights

Latest Revenue (Y)

$349.85M

Latest Revenue (Q)

$86.86M

Main Segment (Y)

Leasing

Main Geography (Y)

Country of domicile

Gogoro Revenue by Period

Gogoro Revenue by Year

DateRevenueChange
2023-12-31$349.85M-8.61%
2022-12-31$382.83M4.59%
2021-12-31$366.01M0.52%
2020-12-31$364.13M-17.10%
2019-12-31$439.24M-

Gogoro generated $349.85M in revenue during NA 2023, up -8.61% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Gogoro Revenue by Quarter

DateRevenueChange
2024-09-30$86.86M7.30%
2024-06-30$80.94M16.11%
2024-03-31$69.71M-23.84%
2023-12-31$91.53M-0.24%
2023-09-30$91.75M5.16%
2023-06-30$87.25M10.00%
2023-03-31$79.32M-16.91%
2022-12-31$95.47M-6.57%
2022-09-30$102.18M12.63%
2022-06-30$90.72M-3.95%
2022-03-31$94.45M-21.67%
2021-12-31$120.59M19.84%
2021-09-30$100.63M16.85%
2021-06-30$86.12M46.78%
2021-03-31$58.67M-39.13%
2020-12-31$96.39M-
2020-09-30$96.39M12.50%
2020-06-30$85.68M-
2020-03-31$85.68M-

Gogoro generated $86.86M in revenue during Q3 2024, up 7.30% compared to the previous quarter, and up 99.55% compared to the same period a year ago.

Gogoro Revenue Breakdown

Gogoro Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Leasing$13.25M$10.65M$10.30M
Other Products And Services$10.79M$9.09M$1.14M
Sales-Related Services--$6.84M
Energy Services--$99.59M
Products--$248.14M

Gogoro's latest annual revenue breakdown by segment (product or service), as of Dec 23: Leasing (55.12%), and Other Products And Services (44.88%).

Gogoro Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21
Foreign countries$22.21M$11.78M
Country of domicile$360.62M$354.23M

Gogoro's latest annual revenue breakdown by geography, as of Dec 22: Country of domicile (94.20%), and Foreign countries (5.80%).

Gogoro Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
LEALear$23.47B$5.59B
ADNTAdient$14.69B$3.72B
LKQLKQ$13.87B$3.58B
DANDana$10.55B$2.48B
ALVAutoliv$10.47B$2.56B
GNTXGentex$2.30B$608.53M
DORMDorman Products$1.93B$503.77M
FOXFFox Factory$1.46B$359.12M
SUPSuperior Industries$1.39B$321.76M
SRIStoneridge$975.82M$213.83M
MPAAMotorcar Parts of America$717.68M$169.89M
GGRGogoro$349.85M$86.86M

GGR Revenue FAQ

What is Gogoro’s yearly revenue?

Gogoro's yearly revenue for 2023 was $349.85M, representing a decrease of -8.61% compared to 2022. The company's yearly revenue for 2022 was $382.83M, representing an increase of 4.59% compared to 2021. GGR's yearly revenue for 2021 was $366.01M, representing an increase of 0.52% compared to 2020.

What is Gogoro’s quarterly revenue?

Gogoro's quarterly revenue for Q3 2024 was $86.86M, a 7.30% increase from the previous quarter (Q2 2024), and a -5.33% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $80.94M, a 16.11% increase from the previous quarter (Q1 2024), and a -7.22% decrease year-over-year (Q2 2023). GGR's quarterly revenue for Q1 2024 was $69.71M, a -23.84% decrease from the previous quarter (Q4 2023), and a -12.11% decrease year-over-year (Q1 2023).

What is Gogoro’s revenue growth rate?

Gogoro's revenue growth rate for the last 3 years (2021-2023) was -4.42%, and for the last 5 years (2019-2023) was -20.35%.

What are Gogoro’s revenue streams?

Gogoro's revenue streams in c 23 are Leasing, and Other Products And Services. Leasing generated $13.25M in revenue, accounting 55.12% of the company's total revenue, up 24.41% year-over-year. Other Products And Services generated $10.79M in revenue, accounting 44.88% of the company's total revenue, up 18.77% year-over-year.

What is Gogoro’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Gogoro was Leasing. This segment made a revenue of $13.25M, representing 55.12% of the company's total revenue.