Gulf Island Fabrication (GIFI) Revenue & Revenue Breakdown
Gulf Island Fabrication Revenue Highlights
Latest Revenue (Y)
$151.07M
Latest Revenue (Q)
$41.26M
Main Segment (Y)
Forty Vehicle Ferry
Main Geography (Y)
Services Segment
Gulf Island Fabrication Revenue by Period
Gulf Island Fabrication Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $151.07M | 6.15% |
| 2022-12-31 | $142.32M | 52.29% |
| 2021-12-31 | $93.45M | -62.76% |
| 2020-12-31 | $250.96M | -17.26% |
| 2019-12-31 | $303.31M | 37.09% |
| 2018-12-31 | $221.25M | 29.37% |
| 2017-12-31 | $171.02M | -40.27% |
| 2016-12-31 | $286.33M | -6.47% |
| 2015-12-31 | $306.12M | -39.58% |
| 2014-12-31 | $506.64M | -16.72% |
| 2013-12-31 | $608.33M | 16.69% |
| 2012-12-31 | $521.34M | 69.36% |
| 2011-12-31 | $307.83M | 23.98% |
| 2010-12-31 | $248.29M | -20.30% |
| 2009-12-31 | $311.53M | -25.92% |
| 2008-12-31 | $420.51M | -11.05% |
| 2007-12-31 | $472.74M | 51.43% |
| 2006-12-31 | $312.18M | 65.57% |
| 2005-12-31 | $188.54M | 8.44% |
| 2004-12-31 | $173.88M | -14.63% |
| 2003-12-31 | $203.67M | 42.51% |
| 2002-12-31 | $142.92M | 25.70% |
| 2001-12-31 | $113.70M | 1.43% |
| 2000-12-31 | $112.09M | -6.75% |
| 1999-12-31 | $120.20M | -37.53% |
| 1998-12-31 | $192.40M | 41.06% |
| 1997-12-31 | $136.40M | - |
Gulf Island Fabrication generated $151.07M in revenue during NA 2023, up 6.15% compared to the previous quarter, and up 68.28% compared to the same period a year ago.
Gulf Island Fabrication Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $41.26M | -3.78% |
| 2024-03-31 | $42.88M | -3.75% |
| 2023-12-31 | $44.55M | 786.92% |
| 2023-09-30 | $5.02M | -87.23% |
| 2023-06-30 | $39.33M | -36.74% |
| 2023-03-31 | $62.17M | 63.00% |
| 2022-12-31 | $38.14M | -3.67% |
| 2022-09-30 | $39.59M | 10.28% |
| 2022-06-30 | $35.90M | 25.16% |
| 2022-03-31 | $28.69M | 11.13% |
| 2021-12-31 | $25.81M | 31.78% |
| 2021-09-30 | $19.59M | -19.29% |
| 2021-06-30 | $24.27M | -58.83% |
| 2021-03-31 | $58.95M | 2.41% |
| 2020-12-31 | $57.56M | 4.91% |
| 2020-09-30 | $54.87M | -8.51% |
| 2020-06-30 | $59.97M | -23.65% |
| 2020-03-31 | $78.56M | -1.12% |
| 2019-12-31 | $79.44M | 4.81% |
| 2019-09-30 | $75.80M | -5.78% |
| 2019-06-30 | $80.46M | 19.01% |
| 2019-03-31 | $67.61M | 12.24% |
| 2018-12-31 | $60.23M | 21.16% |
| 2018-09-30 | $49.71M | -7.96% |
| 2018-06-30 | $54.01M | 8.68% |
| 2018-03-31 | $49.70M | 33.32% |
| 2017-12-31 | $37.28M | -25.27% |
| 2017-09-30 | $49.88M | 8.76% |
| 2017-06-30 | $45.87M | 20.73% |
| 2017-03-31 | $37.99M | -31.50% |
| 2016-12-31 | $55.46M | -15.18% |
| 2016-09-30 | $65.38M | -19.78% |
| 2016-06-30 | $81.50M | -2.95% |
| 2016-03-31 | $83.98M | 52.64% |
| 2015-12-31 | $55.02M | -18.53% |
| 2015-09-30 | $67.53M | -19.93% |
| 2015-06-30 | $84.34M | -15.01% |
| 2015-03-31 | $99.23M | -20.46% |
| 2014-12-31 | $124.76M | 5.71% |
| 2014-09-30 | $118.02M | -8.63% |
| 2014-06-30 | $129.17M | -4.10% |
| 2014-03-31 | $134.69M | -0.33% |
| 2013-12-31 | $135.14M | -19.65% |
| 2013-09-30 | $168.19M | 8.81% |
| 2013-06-30 | $154.57M | 2.76% |
| 2013-03-31 | $150.42M | 16.39% |
| 2012-12-31 | $129.24M | -8.86% |
| 2012-09-30 | $141.79M | 3.33% |
| 2012-06-30 | $137.23M | 21.35% |
| 2012-03-31 | $113.08M | 27.91% |
| 2011-12-31 | $88.41M | 3.00% |
| 2011-09-30 | $85.83M | -1.63% |
| 2011-06-30 | $87.25M | 88.25% |
| 2011-03-31 | $46.35M | 7.78% |
| 2010-12-31 | $43.00M | -29.19% |
| 2010-09-30 | $60.73M | -19.33% |
| 2010-06-30 | $75.29M | 8.71% |
| 2010-03-31 | $69.26M | -2.13% |
| 2009-12-31 | $70.77M | -7.65% |
| 2009-09-30 | $76.63M | -3.16% |
| 2009-06-30 | $79.13M | -6.90% |
| 2009-03-31 | $85.00M | -1.39% |
| 2008-12-31 | $86.20M | -6.97% |
| 2008-09-30 | $92.66M | -21.43% |
| 2008-06-30 | $117.92M | -4.69% |
| 2008-03-31 | $123.73M | 22.63% |
| 2007-12-31 | $100.89M | - |
Gulf Island Fabrication generated $41.26M in revenue during Q2 2024, up -3.78% compared to the previous quarter, and up 66.37% compared to the same period a year ago.
Gulf Island Fabrication Revenue Breakdown
Gulf Island Fabrication Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Forty Vehicle Ferry | $1.40M | $1.10M | $300.00K | $7.20M | $5.10M |
| Seventy Vehicle Ferry | $1.30M | $900.00K | $4.10M | $1.10M | - |
| Marine Docking Structures Offshore Modules And Material Supply Projects | - | - | $3.30M | - | - |
| First Forty Vehicle Ferry Project | - | - | - | $6.20M | - |
| Second Forty Vehicle Ferry Project | - | - | - | $1.00M | - |
| Paddle Wheel Riverboat And Subsea Components Projects | - | - | - | $1.50M | - |
| Jacket And Deck | - | - | - | $1.20M | $2.00M |
| Harbor Tug | - | - | - | $1.00M | $4.90M |
| Towing Salvage And Rescue Ship | - | - | - | $7.30M | - |
| Paddle Wheel River Boat | - | - | - | - | $1.30M |
| Ice Breaker Tug | - | - | - | - | $1.50M |
| Subsea Components Project | - | - | - | - | $1.60M |
Gulf Island Fabrication's latest annual revenue breakdown by segment (product or service), as of Dec 23: Forty Vehicle Ferry (51.85%), and Seventy Vehicle Ferry (48.15%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shipyard Segment | $577.00K | $357.00K | $7.61M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Services Segment | $25.53M | $1.21M | $20.13M | $1.66M | $2.12M | $1.24M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Fabrication Segment | $17.14M | $87.33M | $2.70M | $109.41M | $7.91M | $7.03M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Forty Vehicle Ferry | - | $900.00K | $300.00K | $200.00K | - | $400.00K | $5.90M | $100.00K | - | $1.20M | - | - | - | - | - | - | - | - | - | - |
| Seventy Vehicle Ferry | - | - | $1.20M | $600.00K | $800.00K | $1.70M | $900.00K | $700.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Marine Docking Structures Project Offshore Modules Project Material Supply Project And Subsea Structures Project | - | - | - | - | - | - | - | - | - | - | $3.70M | - | - | - | - | - | - | - | - | - |
| Marine Docking Structures Project And Material Supply Project | - | - | - | - | - | - | - | - | - | - | $1.10M | - | - | - | - | - | - | - | - | - |
| Offshore Modules Project Material Supply Project And Subsea Structures Project | - | - | - | - | - | - | - | - | - | - | - | $1.90M | - | - | - | - | - | - | - | - |
| Towing Salvage And Rescue Ship | - | - | - | - | - | - | - | - | - | - | - | - | $800.00K | $600.00K | $6.70M | - | - | - | - | - |
| Offshore Facility Modules | - | - | - | - | - | - | - | - | - | - | - | - | $600.00K | - | - | - | - | - | - | - |
| Jacket And Deck | - | - | - | - | - | - | - | - | - | - | - | - | - | $100.00K | $600.00K | $500.00K | - | - | - | - |
| Harbor Tug | - | - | - | - | - | - | - | - | - | - | - | - | - | $400.00K | - | $600.00K | $1.80M | $1.90M | $1.40M | - |
| Paddle Wheel Riverboat And Subsea Components Projects | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $100.00K | $500.00K | $900.00K | - | - | - |
| Ice Breaker Tug | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $200.00K | - | - |
| Ice-Breaker Tug | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $500.00K | $900.00K |
| Services Project | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.50M | - |
Gulf Island Fabrication's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Services Segment (59.04%), Fabrication Segment (39.63%), and Shipyard Segment (1.33%).
Gulf Island Fabrication Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 19 | Dec 18 |
|---|---|---|---|---|
| Services Segment | $93.55M | $1.32M | $13.21M | $11.05M |
Gulf Island Fabrication's latest annual revenue breakdown by geography, as of Dec 23: Services Segment (100.00%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Services Segment | $25.53M | $68.30M | $22.98M | $1.07M | $1.21M | $20.13M | $1.66M | $2.12M | $1.24M | $20.53M | $15.19M | $12.79M | $15.40M | $11.99M | $11.70M | $7.61M | $11.86M |
Gulf Island Fabrication's latest quarterly revenue breakdown by geography, as of Mar 24: Services Segment (100.00%).
Gulf Island Fabrication Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| RYI | Ryerson | $5.11B | $1.23B |
| MLI | Mueller Industries | $3.42B | $997.75M |
| ESAB | ESAB | $2.77B | $707.05M |
| CRS | Carpenter | $2.76B | $684.90M |
| IIIN | Insteel Industries | $649.19M | $145.78M |
| HAYN | Haynes | $589.96M | $153.92M |
| MEC | Mayville Engineering | $588.42M | $163.64M |
| NWPX | Northwest Pipe | $444.36M | $129.50M |
| GIFI | Gulf Island Fabrication | $151.07M | $41.26M |
GIFI Revenue FAQ
What is Gulf Island Fabrication’s yearly revenue?
Gulf Island Fabrication's yearly revenue for 2023 was $151.07M, representing an increase of 6.15% compared to 2022. The company's yearly revenue for 2022 was $142.32M, representing an increase of 52.29% compared to 2021. GIFI's yearly revenue for 2021 was $93.45M, representing a decrease of -62.76% compared to 2020.
What is Gulf Island Fabrication’s quarterly revenue?
Gulf Island Fabrication's quarterly revenue for Q2 2024 was $41.26M, a -3.78% decrease from the previous quarter (Q1 2024), and a 4.92% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $42.88M, a -3.75% decrease from the previous quarter (Q4 2023), and a -31.02% decrease year-over-year (Q1 2023). GIFI's quarterly revenue for Q4 2023 was $44.55M, a 786.92% increase from the previous quarter (Q3 2023), and a 16.81% increase year-over-year (Q4 2022).
What is Gulf Island Fabrication’s revenue growth rate?
Gulf Island Fabrication's revenue growth rate for the last 3 years (2021-2023) was 61.65%, and for the last 5 years (2019-2023) was -50.19%.
What are Gulf Island Fabrication’s revenue streams?
Gulf Island Fabrication's revenue streams in c 23 are Forty Vehicle Ferry, and Seventy Vehicle Ferry. Forty Vehicle Ferry generated $1.4M in revenue, accounting 51.85% of the company's total revenue, up 27.27% year-over-year. Seventy Vehicle Ferry generated $1.3M in revenue, accounting 48.15% of the company's total revenue, up 44.44% year-over-year.
What is Gulf Island Fabrication’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Gulf Island Fabrication was Forty Vehicle Ferry. This segment made a revenue of $1.4M, representing 51.85% of the company's total revenue.