Instructure (INST) Revenue & Revenue Breakdown
Instructure Revenue Highlights
Latest Revenue (Y)
$530.21M
Latest Revenue (Q)
$170.44M
Main Segment (Y)
Subscription And Support
Main Geography (Y)
UNITED STATES
Instructure Revenue by Period
Instructure Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $530.21M | 11.58% |
| 2022-12-31 | $475.19M | 17.23% |
| 2021-12-31 | $405.36M | 34.20% |
| 2020-12-31 | $302.06M | 16.86% |
| 2019-12-31 | $258.47M | 23.35% |
| 2018-12-31 | $209.54M | 30.17% |
| 2017-12-31 | $160.97M | 42.94% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $170.44M | 9.64% |
| 2024-03-31 | $155.46M | 14.83% |
| 2023-12-31 | $135.38M | 0.34% |
| 2023-09-30 | $134.92M | 2.94% |
| 2023-06-30 | $131.07M | 1.73% |
| 2023-03-31 | $128.84M | 3.30% |
| 2022-12-31 | $124.73M | 1.88% |
| 2022-09-30 | $122.43M | 6.85% |
| 2022-06-30 | $114.58M | 0.98% |
| 2022-03-31 | $113.46M | 2.59% |
| 2021-12-31 | $110.59M | 3.14% |
| 2021-09-30 | $107.22M | 14.59% |
| 2021-06-30 | $93.57M | -0.44% |
| 2021-03-31 | $93.98M | 7.37% |
| 2020-12-31 | $87.53M | 7.04% |
| 2020-09-30 | $81.77M | 33.24% |
| 2020-06-30 | $61.37M | -14.03% |
| 2020-03-31 | $71.39M | 3.17% |
| 2019-12-31 | $69.19M | 1.26% |
| 2019-09-30 | $68.33M | 8.70% |
| 2019-06-30 | $62.87M | 8.25% |
| 2019-03-31 | $58.08M | 3.24% |
| 2018-12-31 | $56.25M | 1.83% |
| 2018-09-30 | $55.24M | 10.34% |
| 2018-06-30 | $50.06M | 4.32% |
| 2018-03-31 | $47.99M | 9.48% |
| 2017-12-31 | $43.84M | 2.07% |
| 2017-09-30 | $42.95M | 12.89% |
| 2017-06-30 | $38.04M | 11.96% |
| 2017-03-31 | $33.98M | 7.71% |
| 2016-12-31 | $31.55M | 4.65% |
| 2016-09-30 | $30.14M | 16.43% |
| 2016-06-30 | $25.89M | 11.12% |
| 2016-03-31 | $23.30M | - |
Instructure generated $170.44M in revenue during Q2 2024, up 9.64% compared to the previous quarter, and up 132.29% compared to the same period a year ago.
Instructure Revenue Breakdown
Instructure Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 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/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Professional Services And Other | $12.88M | $10.80M | $10.02M | $11.81M | $12.50M | $10.36M | $10.19M | $12.70M | $11.67M | $9.97M | - | - |
| Subscription And Support | $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 Jun 24: Subscription And Support (92.45%), and Professional Services And Other (7.55%).
Instructure Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Non-US | $107.36M | $98.50M | $79.36M |
| UNITED STATES | $422.85M | $376.69M | $326.00M |
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
| Country | Jun 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $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 | $30.60M | $28.95M | $27.06M | $27.34M | $26.72M | $26.25M | $26.66M | $24.86M | $23.62M | $23.36M | $22.05M | $20.46M | - |
| Non Us | - | - | - | - | - | - | - | - | - | - | - | - | $18.44M |
Instructure's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (82.04%), and Non-US (17.96%).
Instructure Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BLKB | Blackbaud | $1.11B | $287.29M |
| PCOR | Procore | $950.01M | $284.35M |
| PYCR | Paycor HCM | $654.95M | $187.02M |
| ETWO | E2open Parent | $634.55M | $151.16M |
| CVT | Cvent | $630.56M | $166.21M |
| APPF | AppFolio | $620.45M | $197.38M |
| INST | Instructure | $530.21M | $170.44M |
| CWAN | Clearwater Analytics | $368.17M | $106.79M |
| PRO | PROS | $303.71M | $82.01M |
| MLNK | MeridianLink | $303.62M | $78.68M |
| ALKT | Alkami | $264.83M | $82.16M |
| AGYS | Agilysys | $237.46M | $63.51M |
| ENFN | Enfusion | $174.53M | $49.45M |
| AMSWA | American 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 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). The company'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). INST's quarterly revenue for Q4 2023 was $135.38M, a 0.34% increase from the previous quarter (Q3 2023), and a 8.54% increase year-over-year (Q4 2022).
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.