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GSE Systems (GVP) Revenue & Revenue Breakdown

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GSE Systems Revenue Highlights

Latest Revenue (Y)

$45.04M

Latest Revenue (Q)

$11.72M

Main Segment (Y)

Engineering Segment

Main Geography (Y)

United States

GSE Systems Revenue by Period

GSE Systems Revenue by Year

DateRevenueChange
2023-12-31--5.64%
2022-12-31--13.50%
2021-12-31--4.23%
2020-12-31--30.56%
2019-12-31--10.05%
2018-12-31-30.15%
2017-12-31-33.48%
2016-12-31--6.52%
2015-12-31-49.76%
2014-12-31--20.25%
2013-12-31--8.97%
2012-12-31-2.19%
2011-12-31-8.29%
2010-12-31-17.86%
2009-12-31-38.12%
2008-12-31--9.08%
2007-12-31-15.99%
2006-12-31-25.29%
2005-12-31--25.63%
2004-12-31-17.97%
2003-12-31--41.97%
2002-12-31--14.34%
2001-12-31--9.66%
2000-12-31--16.47%
1999-12-31--9.62%
1998-12-31--7.40%
1997-12-31--16.98%
1996-12-31-12.54%
1995-12-31--

GSE Systems generated $45.04M in revenue during NA 2023, up -5.64% compared to the previous quarter, and up 48.83% compared to the same period a year ago.

GSE Systems Revenue by Quarter

DateRevenueChange
2024-06-30-3.92%
2024-03-31-10.46%
2023-12-31--11.68%
2023-09-30--6.63%
2023-06-30-13.92%
2023-03-31-0.53%
2022-12-31--9.09%
2022-09-30--6.65%
2022-06-30-3.83%
2022-03-31--11.51%
2021-12-31--5.55%
2021-09-30-8.61%
2021-06-30-3.19%
2021-03-31-3.56%
2020-12-31--2.08%
2020-09-30--9.89%
2020-06-30--19.01%
2020-03-31-2.39%
2019-12-31--13.67%
2019-09-30--14.61%
2019-06-30-5.70%
2019-03-31--2.89%
2018-12-31-4.83%
2018-09-30--11.73%
2018-06-30-7.88%
2018-03-31-4.05%
2017-12-31-42.80%
2017-09-30--10.02%
2017-06-30-4.79%
2017-03-31-23.05%
2016-12-31--7.95%
2016-09-30-16.21%
2016-06-30--4.32%
2016-03-31--8.71%
2015-12-31--4.99%
2015-09-30-9.75%
2015-06-30--2.60%
2015-03-31-6.78%
2014-12-31-67.54%
2014-09-30--5.47%
2014-06-30--5.14%
2014-03-31--28.85%
2013-12-31-3.19%
2013-09-30-7.69%
2013-06-30--10.89%
2013-03-31--2.23%
2012-12-31--2.64%
2012-09-30--1.32%
2012-06-30--1.54%
2012-03-31--10.73%
2011-12-31-19.52%
2011-09-30-11.48%
2011-06-30--8.64%
2011-03-31--0.04%
2010-12-31-3.55%
2010-09-30-1.11%
2010-06-30-5.04%
2010-03-31-1.29%
2009-12-31-8.30%
2009-09-30--4.07%
2009-06-30-31.03%
2009-03-31--2.83%
2008-12-31-19.48%
2008-09-30-6.80%
2008-06-30--7.45%
2008-03-31--12.89%
2007-12-31--

GSE Systems generated $11.72M in revenue during Q2 2024, up 3.92% compared to the previous quarter, and up 107.84% compared to the same period a year ago.

GSE Systems Revenue Breakdown

GSE Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Engineering Segment-----
Workforce Solutions-----
Engineering-----
Performance Improvement Solutions-----
Nuclear Industry Training and Consulting-----

GSE Systems's latest annual revenue breakdown by segment (product or service), as of Dec 23: Engineering Segment (61.12%), and Workforce Solutions (38.88%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Workforce Solutions--------------------
Engineering Segment--------------------
Engineering--------------------
Performance Improvement Solutions--------------------
Nuclear Industry Training and Consulting--------------------

GSE Systems's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Engineering Segment (71.95%), and Workforce Solutions (28.05%).

GSE Systems Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
United States-----
Asia-----
Europe-----
U.S-----
Sweden-----
UK-----

GSE Systems's latest annual revenue breakdown by geography, as of Dec 23: United States (97.78%), and Asia (2.22%).

Quarterly Revenue by Country

CountryMar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18
Workforce Solutions--------------------
Engineering--------------------
Performance Improvement Solutions--------------------
Nuclear Industry Training and Consulting--------------------

GSE Systems's latest quarterly revenue breakdown by geography, as of Mar 23: Engineering (63.85%), and Workforce Solutions (36.15%).

GVP Revenue FAQ

What is GSE Systems’s yearly revenue?

GSE Systems's yearly revenue for 2023 was $45.04M, representing a decrease of -5.64% compared to 2022. The company's yearly revenue for 2022 was $47.73M, representing a decrease of -13.50% compared to 2021. GVP's yearly revenue for 2021 was $55.18M, representing a decrease of -4.23% compared to 2020.

What is GSE Systems’s quarterly revenue?

GSE Systems's quarterly revenue for Q2 2024 was $11.72M, a 3.92% increase from the previous quarter (Q1 2024), and a -5.34% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $11.28M, a 10.46% increase from the previous quarter (Q4 2023), and a 3.77% increase year-over-year (Q1 2023). GVP's quarterly revenue for Q4 2023 was $10.22M, a -11.68% decrease from the previous quarter (Q3 2023), and a -5.56% decrease year-over-year (Q4 2022).

What is GSE Systems’s revenue growth rate?

GSE Systems's revenue growth rate for the last 3 years (2021-2023) was -18.38%, and for the last 5 years (2019-2023) was -45.72%.

What are GSE Systems’s revenue streams?

GSE Systems's revenue streams in c 23 are Engineering Segment, and Workforce Solutions. Engineering Segment generated $20.83M in revenue, accounting 61.12% of the company's total revenue Workforce Solutions generated $13.25M in revenue, accounting 38.88% of the company's total revenue, down -25.62% year-over-year.

What is GSE Systems’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of GSE Systems was Engineering Segment. This segment made a revenue of $20.83M, representing 61.12% of the company's total revenue.