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Instructure (INST) Revenue & Revenue Breakdown

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Instructure Revenue Highlights

Latest Revenue (Y)

$530.21M

Latest Revenue (Q)

$173.16M

Main Segment (Y)

Subscription And Support

Main Geography (Y)

UNITED STATES

Instructure Revenue by Period

Instructure Revenue by Year

DateRevenueChange
2023-12-31$530.21M11.58%
2022-12-31$475.19M17.23%
2021-12-31$405.36M34.20%
2020-12-31$302.06M16.86%
2019-12-31$258.47M23.35%
2018-12-31$209.54M30.17%
2017-12-31$160.97M42.94%
2016-12-31$112.62M-72.22%
2001-12-31$405.36M-

Instructure generated $530.21M in revenue during NA 2023, up 11.58% compared to the previous quarter, and up 253.03% compared to the same period a year ago.

Instructure Revenue by Quarter

DateRevenueChange
2024-09-30$173.16M1.60%
2024-06-30$170.44M9.64%
2024-03-31$155.46M14.83%
2023-12-31$135.38M0.34%
2023-09-30$134.92M2.94%
2023-06-30$131.07M1.73%
2023-03-31$128.84M3.30%
2022-12-31$124.73M1.88%
2022-09-30$122.43M6.85%
2022-06-30$114.58M0.98%
2022-03-31$113.46M2.59%
2021-12-31$110.59M3.14%
2021-09-30$107.22M14.59%
2021-06-30$93.57M-0.44%
2021-03-31$93.98M7.37%
2020-12-31$87.53M7.04%
2020-09-30$81.77M33.24%
2020-06-30$61.37M-14.03%
2020-03-31$71.39M3.17%
2019-12-31$69.19M1.26%
2019-09-30$68.33M8.70%
2019-06-30$62.87M8.25%
2019-03-31$58.08M3.24%
2018-12-31$56.25M1.83%
2018-09-30$55.24M10.34%
2018-06-30$50.06M4.32%
2018-03-31$47.99M7.23%
2017-12-31$44.76M3.59%
2017-09-30$43.20M12.08%
2017-06-30$38.55M11.82%
2017-03-31$34.47M9.28%
2016-12-31$31.55M4.65%
2016-09-30$30.14M16.43%
2016-06-30$25.89M11.12%
2016-03-31$23.30M-

Instructure generated $173.16M in revenue during Q3 2024, up 1.60% compared to the previous quarter, and up 132.12% compared to the same period a year ago.

Instructure Revenue Breakdown

Instructure Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Professional Services And Other$44.69M$44.53M$37.58M
Subscription And Support$485.52M$430.66M$367.78M

Instructure's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription And Support (91.57%), and Professional Services And Other (8.43%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Sep 21Jun 21
Professional Services And Other$12.97M$12.88M$10.80M$10.02M$11.81M$12.50M$10.36M$10.19M$12.70M$11.67M$9.97M--
Subscription And Support$160.19M$157.57M$144.66M$125.36M$123.11M$118.57M$118.48M$114.54M$109.73M$102.91M$103.49M--
Service-----------$11.06M$9.31M
Subscription and Circulation-----------$96.16M-
Subscription And Circulation------------$84.26M

Instructure's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Subscription And Support (92.51%), and Professional Services And Other (7.49%).

Instructure Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
UNITED STATES$422.85M$376.69M$326.00M
Non-US$107.36M$98.50M$79.36M

Instructure's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (79.75%), and Non-US (20.25%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Non-US$31.45M$30.60M$28.95M$27.06M$27.34M$26.72M$26.25M$26.66M$24.86M$23.62M$23.36M$22.05M$20.46M-
UNITED STATES$141.72M$139.84M$126.51M$108.32M$107.58M$104.35M$102.60M$98.06M$97.57M$90.96M$90.11M$88.54M$86.76M$75.13M
Non Us-------------$18.44M

Instructure's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (81.84%), and Non-US (18.16%).

Instructure Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
BLKBBlackbaud$1.11B$286.73M
PCORProcore$950.01M$295.88M
PYCRPaycor HCM$654.95M$167.48M
ETWOE2open Parent$634.55M$151.16M
CVTCvent$630.56M$166.21M
APPFAppFolio$620.45M$205.73M
INSTInstructure$530.21M$173.16M
CWANClearwater Analytics$368.17M$115.83M
PROPROS$303.71M$82.70M
MLNKMeridianLink$303.62M$80.37M
ALKTAlkami$264.83M$85.91M
AGYSAgilysys$237.46M$68.28M
ENFNEnfusion$174.53M$51.17M
AMSWAAmerican Software$102.52M$26.19M

INST Revenue FAQ

What is Instructure’s yearly revenue?

Instructure's yearly revenue for 2023 was $530.21M, representing an increase of 11.58% compared to 2022. The company's yearly revenue for 2022 was $475.19M, representing an increase of 17.23% compared to 2021. INST's yearly revenue for 2021 was $405.36M, representing an increase of 34.20% compared to 2020.

What is Instructure’s quarterly revenue?

Instructure's quarterly revenue for Q3 2024 was $173.16M, a 1.60% increase from the previous quarter (Q2 2024), and a 28.34% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $170.44M, a 9.64% increase from the previous quarter (Q1 2024), and a 30.04% increase year-over-year (Q2 2023). INST's quarterly revenue for Q1 2024 was $155.46M, a 14.83% increase from the previous quarter (Q4 2023), and a 20.65% increase year-over-year (Q1 2023).

What is Instructure’s revenue growth rate?

Instructure's revenue growth rate for the last 3 years (2021-2023) was 30.80%, and for the last 5 years (2019-2023) was 105.13%.

What are Instructure’s revenue streams?

Instructure's revenue streams in c 23 are Professional Services And Other, and Subscription And Support. Professional Services And Other generated $44.69M in revenue, accounting 8.43% of the company's total revenue, up 0.36% year-over-year. Subscription And Support generated $485.52M in revenue, accounting 91.57% of the company's total revenue, up 12.74% year-over-year.

What is Instructure’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Instructure was Subscription And Support. This segment made a revenue of $485.52M, representing 91.57% of the company's total revenue.