Harbor Custom Development (HCDI) Revenue & Revenue Breakdown


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Harbor Custom Development Revenue Highlights


Latest Revenue (Y)

$55.41M

Latest Revenue (Q)

$5.54M

Main Segment (Y)

Multi Family

Harbor Custom Development Revenue by Period


Harbor Custom Development Revenue by Year

DateRevenueChange
2022-12-31$55.41M-23.41%
2021-12-31$72.35M43.57%
2020-12-31$50.40M62.82%
2019-12-31$30.95M440.17%
2018-12-31$5.73M-92.08%
2001-12-31$72.35M-

Harbor Custom Development generated $55.41M in revenue during NA 2022, up -23.41% compared to the previous quarter, and up 76.59% compared to the same period a year ago.

Harbor Custom Development Revenue by Quarter

DateRevenueChange
2023-09-30$5.54M-72.10%
2023-06-30$19.84M116.15%
2023-03-31$9.18M91.34%
2022-12-31$4.80M-59.16%
2022-09-30$11.75M14.21%
2022-06-30$10.29M-64.01%
2022-03-31$28.58M8.53%
2021-12-31$26.34M46.22%
2021-09-30$18.01M27.44%
2021-06-30$14.13M1.86%
2021-03-31$13.87M-42.95%
2020-12-31$24.32M211.53%
2020-09-30$7.81M-6.28%
2020-06-30$8.33M-16.21%
2020-03-31$9.94M-24.78%
2019-12-31$13.22M94.81%
2019-09-30$6.78M1.44%
2019-06-30$6.69M56.75%
2019-03-31$4.27M-83.80%
2001-12-31$26.34M124.16%
2001-09-30$11.75M14.21%
2001-06-30$10.29M-64.01%
2001-03-31$28.58M-

Harbor Custom Development generated $5.54M in revenue during Q3 2023, up -72.10% compared to the previous quarter, and up 53.82% compared to the same period a year ago.

Harbor Custom Development Revenue Breakdown


Harbor Custom Development Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21
Construction Materials$54.40K$444.70K
Multi Family$175.90K-
Home Building-$17.65M
Land-$20.63M

Harbor Custom Development's latest annual revenue breakdown by segment (product or service), as of Dec 22: Multi Family (76.38%), and Construction Materials (23.62%).

Quarterly Revenue by Product

Product/ServiceSep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
Construction Materials---$9.00K$3.90K$8.90K--
Fee Build--$424.20K$2.71M----
Multi Family---$148.70K----
Multi-family----$27.20K---
Other Segments------$32.60K-
Homes------$12.27M-
Entitled Land------$4.48M-
Developed Lots------$9.08M-
Home Building-------$3.71M

Harbor Custom Development Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FORForestar Group$1.44B$318.40M
LSEALandsea Homes$1.21B$431.14M
FPHFive Point$211.73M$51.19M
HCDIHarbor Custom Development$55.41M$5.54M
ARLAmerican Realty Investors$50.50M$11.77M
AEIAlset EHome$22.09M$1.13M
GGEGreen Giant-$183.47K

HCDI Revenue FAQ


Harbor Custom Development's yearly revenue for 2022 was $55.41M, representing a decrease of -23.41% compared to 2021. The company's yearly revenue for 2021 was $72.35M, representing an increase of 43.57% compared to 2020. HCDI's yearly revenue for 2020 was $50.4M, representing an increase of 62.82% compared to 2019.

Harbor Custom Development's quarterly revenue for Q3 2023 was $5.54M, a -72.10% decrease from the previous quarter (Q2 2023), and a -52.88% decrease year-over-year (Q3 2022). The company's quarterly revenue for Q2 2023 was $19.84M, a 116.15% increase from the previous quarter (Q1 2023), and a 92.92% increase year-over-year (Q2 2022). HCDI's quarterly revenue for Q1 2023 was $9.18M, a 91.34% increase from the previous quarter (Q4 2022), and a -67.88% decrease year-over-year (Q1 2022).

Harbor Custom Development's revenue growth rate for the last 3 years (2020-2022) was 9.96%, and for the last 5 years (2018-2022) was 867.04%.

Harbor Custom Development's revenue streams in c 22 are Construction Materials, and Multi Family. Construction Materials generated $54.4K in revenue, accounting 23.62% of the company's total revenue, down -87.77% year-over-year. Multi Family generated $175.9K in revenue, accounting 76.38% of the company's total revenue

For the fiscal year ending Dec 22, the largest source of revenue of Harbor Custom Development was Multi Family. This segment made a revenue of $175.9K, representing 76.38% of the company's total revenue.