Gulf Island Fabrication (GIFI) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Gulf Island Fabrication Revenue Highlights

Latest Revenue (Y)

$151.07M

Latest Revenue (Q)

$37.64M

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
2024-09-30	$37.64M	-8.78%
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 $37.64M in revenue during Q3 2024, up -8.78% compared to the previous quarter, and up 95.71% 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
Seventy Vehicle Ferry	$1.30M	$900.00K	$4.10M	$1.10M	-
Forty Vehicle Ferry	$1.40M	$1.10M	$300.00K	$7.20M	$5.10M
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	Sep 24	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
Fabrication Segment	$17.11M	$17.14M	$87.33M	$2.70M	$109.41M	$7.91M	$7.03M	-	-	-	-	-	-	-	-	-	-	-	-	-
Services Segment	$20.25M	$25.53M	$1.21M	$20.13M	$1.66M	$2.12M	$1.24M	-	-	-	-	-	-	-	-	-	-	-	-	-
Shipyard Segment	$490.00K	$577.00K	$357.00K	$7.61M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Seventy Vehicle Ferry	-	-	-	$1.20M	$600.00K	$800.00K	$1.70M	$900.00K	$700.00K	-	-	-	-	-	-	-	-	-	-	-
Forty Vehicle Ferry	-	-	$900.00K	$300.00K	$200.00K	-	$400.00K	$5.90M	$100.00K	-	$1.20M	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-
Offshore Facility Modules	-	-	-	-	-	-	-	-	-	-	-	-	-	$600.00K	-	-	-	-	-	-
Towing Salvage And Rescue Ship	-	-	-	-	-	-	-	-	-	-	-	-	-	$800.00K	$600.00K	$6.70M	-	-	-	-
Paddle Wheel Riverboat And Subsea Components Projects	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$100.00K	$500.00K	$900.00K	-	-
Jacket And Deck	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$100.00K	$600.00K	$500.00K	-	-	-
Harbor Tug	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$400.00K	-	$600.00K	$1.80M	$1.90M	-
Ice Breaker Tug	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$200.00K	-
Ice-Breaker Tug	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$500.00K
Services Project	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.50M

Gulf Island Fabrication's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Services Segment (53.49%), Fabrication Segment (45.21%), and Shipyard Segment (1.29%).

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	Sep 24	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	$20.25M	$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 Sep 24: Services Segment (100.00%).

Gulf Island Fabrication Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
RYI	Ryerson	$5.11B	$1.13B
MLI	Mueller Industries	$3.42B	$997.83M
ESAB	ESAB	$2.77B	$673.25M
CRS	Carpenter	$2.76B	$717.60M
MEC	Mayville Engineering Company	$588.42M	$135.39M
IIIN	Insteel Industries	$529.20M	$145.78M
NWPX	Northwest Pipe Company	$444.36M	$130.31M
GIFI	Gulf Island Fabrication	$151.07M	$37.64M

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 Q3 2024 was $37.64M, a -8.78% decrease from the previous quarter (Q2 2024), and a 649.35% increase year-over-year (Q3 2023). The company'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). GIFI'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).

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 Seventy Vehicle Ferry, and Forty Vehicle Ferry. Seventy Vehicle Ferry generated $1.3M in revenue, accounting 48.15% of the company's total revenue, up 44.44% year-over-year. Forty Vehicle Ferry generated $1.4M in revenue, accounting 51.85% of the company's total revenue, up 27.27% 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.