Heliogen (HLGN) Revenue & Revenue Breakdown


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Heliogen Revenue Highlights


Latest Revenue (Y)

$4.45M

Latest Revenue (Q)

$2.26M

Main Segment (Y)

Service

Heliogen Revenue by Period


Heliogen Revenue by Year

DateRevenueChange
2023-12-31$4.45M-67.68%
2022-12-31$13.75M56.19%
2021-12-31$8.80M4302.00%
2020-12-31$200.00K100.00%
2019-12-31--

Heliogen generated $4.45M in revenue during NA 2023, up -67.68% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Heliogen Revenue by Quarter

DateRevenueChange
2024-06-30$2.26M137.00%
2024-03-31$954.00K-120.23%
2023-12-31$-4.72M-307.48%
2023-09-30$2.27M63.06%
2023-06-30$1.39M-28.03%
2023-03-31$1.94M-58.96%
2022-12-31$4.72M52.26%
2022-09-30$3.10M29.60%
2022-06-30$2.39M-32.41%
2022-03-31$3.54M-32.47%
2021-12-31$5.24M138.01%
2021-09-30$2.20M160.59%
2021-06-30$845.00K63.76%
2021-03-31$516.00K100.00%
2020-12-31--100.00%
2020-09-30$108.00K17.39%
2020-06-30$92.00K100.00%
2020-03-31--

Heliogen generated $2.26M in revenue during Q2 2024, up 137.00% compared to the previous quarter, and up 116.73% compared to the same period a year ago.

Heliogen Revenue Breakdown


Heliogen Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Project Revenue$300.00K$2.34M-
Service$588.00K$364.00K$6.46M

Heliogen's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (66.22%), and Project Revenue (33.78%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Jun 23Mar 23Sep 22Jun 22Mar 22
Project Revenue$533.00K-$635.00K$816.00K$1.99M--
Service$421.00K$261.00K$277.00K$50.00K$53.00K--
Service, Other----$43.00K$72.00K-

Heliogen's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Project Revenue (55.87%), and Service (44.13%).

Heliogen Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
NRGVEnergy Vault$341.54M$3.77M
BRDSBird Global$244.66M$54.33M
AMPSAltus Power$155.16M$52.46M
CISOCerberus Cyber Sentinel$57.06M$11.83M
HLGNHeliogen$4.45M$2.26M

HLGN Revenue FAQ


Heliogen's yearly revenue for 2023 was $4.44M, representing a decrease of -67.68% compared to 2022. The company's yearly revenue for 2022 was $13.75M, representing an increase of 56.19% compared to 2021. HLGN's yearly revenue for 2021 was $8.8M, representing an increase of 4302.00% compared to 2020.

Heliogen's quarterly revenue for Q2 2024 was $2.26M, a 137.00% increase from the previous quarter (Q1 2024), and a 62.20% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $954K, a -120.23% decrease from the previous quarter (Q4 2023), and a -50.75% decrease year-over-year (Q1 2023). HLGN's quarterly revenue for Q4 2023 was $-4.716M, a -307.48% decrease from the previous quarter (Q3 2023), and a -199.92% decrease year-over-year (Q4 2022).

Heliogen's revenue growth rate for the last 3 years (2021-2023) was -49.51%, and for the last 5 years (2019-2023) was 0%.

Heliogen's revenue streams in c 23 are Project Revenue, and Service. Project Revenue generated $300K in revenue, accounting 33.78% of the company's total revenue, down -87.19% year-over-year. Service generated $588K in revenue, accounting 66.22% of the company's total revenue, up 61.54% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Heliogen was Service. This segment made a revenue of $588K, representing 66.22% of the company's total revenue.