Gogoro (GGR) Revenue & Revenue Breakdown


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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

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
2024-03-31$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-

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/ServiceDec 23Dec 22Dec 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

CountryDec 22Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
LEALear$23.47B$5.59B
ADNTAdient$15.39B$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$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.