Gogoro (GGR) Revenue & Revenue Breakdown
Gogoro Revenue Highlights
Latest Revenue (Y)
$349.85M
Latest Revenue (Q)
$69.71M
Main Segment (Y)
Leasing
Main Geography (Y)
Country of domicile
Gogoro Revenue by Period
Gogoro Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $349.85M | -8.61% |
| 2022-12-31 | $382.83M | 4.59% |
| 2021-12-31 | $366.01M | 0.52% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $69.71M | -23.84% |
| 2023-12-31 | $91.53M | -0.24% |
| 2023-09-30 | $91.75M | 5.16% |
| 2023-06-30 | $87.25M | 10.00% |
| 2023-03-31 | $79.32M | -16.91% |
| 2022-12-31 | $95.47M | -6.57% |
| 2022-09-30 | $102.18M | 12.63% |
| 2022-06-30 | $90.72M | -3.95% |
| 2022-03-31 | $94.45M | -21.67% |
| 2021-12-31 | $120.59M | 19.84% |
| 2021-09-30 | $100.63M | 16.85% |
| 2021-06-30 | $86.12M | 46.78% |
| 2021-03-31 | $58.67M | - |
Gogoro generated $69.71M in revenue during Q1 2024, up -23.84% compared to the previous quarter, and up 73.02% compared to the same period a year ago.
Gogoro Revenue Breakdown
Gogoro Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Other Products And Services | $10.79M | $9.09M | $1.14M |
| Leasing | $13.25M | $10.65M | $10.30M |
| Products | - | - | $248.14M |
| Energy Services | - | - | $99.59M |
| Sales-Related Services | - | - | $6.84M |
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
| Country | Dec 22 | Dec 21 |
|---|---|---|
| Country of domicile | $360.62M | $354.23M |
| Foreign countries | $22.21M | $11.78M |
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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LEA | Lear | $23.47B | $6.01B |
| ADNT | Adient | $15.39B | $3.72B |
| LKQ | LKQ | $13.87B | $3.71B |
| DAN | Dana | $10.55B | $2.74B |
| ALV | Autoliv | $10.47B | $2.60B |
| GNTX | Gentex | $2.30B | $572.93M |
| DORM | Dorman Products | $1.93B | $502.95M |
| FOXF | Fox Factory | $1.46B | $348.49M |
| SUP | Superior Industries | $1.39B | $316.28M |
| SRI | Stoneridge | $975.82M | $237.06M |
| MPAA | Motorcar Parts of America | $717.68M | $169.89M |
| GGR | Gogoro | $349.85M | $69.71M |
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 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). The company's quarterly revenue for Q4 2023 was $91.53M, a -0.24% decrease from the previous quarter (Q3 2023), and a -4.12% decrease year-over-year (Q4 2022). GGR's quarterly revenue for Q3 2023 was $91.75M, a 5.16% increase from the previous quarter (Q2 2023), and a -10.21% decrease year-over-year (Q3 2022).
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 Other Products And Services, and Leasing. Other Products And Services generated $10.79M in revenue, accounting 44.88% of the company's total revenue, up 18.77% year-over-year. Leasing generated $13.25M in revenue, accounting 55.12% of the company's total revenue, up 24.41% 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.