iSpecimen (ISPC) Revenue & Revenue Breakdown
iSpecimen Revenue Highlights
Latest Revenue (Y)
$9.93M
Latest Revenue (Q)
$2.86M
Main Segment (Y)
Specimens
iSpecimen Revenue by Period
iSpecimen Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $9.93M | -4.56% |
| 2022-12-31 | $10.40M | -6.58% |
| 2021-12-31 | $11.14M | 36.06% |
| 2020-12-31 | $8.18M | 90.40% |
| 2019-12-31 | $4.30M | -2.20% |
| 2018-12-31 | $4.39M | - |
iSpecimen generated $9.93M in revenue during NA 2023, up -4.56% compared to the previous quarter, and up 225.91% compared to the same period a year ago.
iSpecimen Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $2.86M | 25.05% |
| 2024-03-31 | $2.29M | -11.07% |
| 2023-12-31 | $2.58M | -7.30% |
| 2023-09-30 | $2.78M | 70.92% |
| 2023-06-30 | $1.63M | -44.91% |
| 2023-03-31 | $2.95M | -0.38% |
| 2022-12-31 | $2.96M | 14.64% |
| 2022-09-30 | $2.58M | 10.46% |
| 2022-06-30 | $2.34M | -7.15% |
| 2022-03-31 | $2.52M | -1.19% |
| 2021-12-31 | $2.55M | -6.23% |
| 2021-09-30 | $2.72M | -6.38% |
| 2021-06-30 | $2.90M | -2.02% |
| 2021-03-31 | $2.96M | 9.05% |
| 2020-12-31 | $2.72M | 20.78% |
| 2020-09-30 | $2.25M | 49.55% |
| 2020-06-30 | $1.50M | -12.10% |
| 2020-03-31 | $1.71M | 32.64% |
| 2019-12-31 | $1.29M | 86.29% |
| 2019-09-30 | $692.71K | - |
iSpecimen generated $2.86M in revenue during Q2 2024, up 25.05% compared to the previous quarter, and up 97.07% compared to the same period a year ago.
iSpecimen Revenue Breakdown
iSpecimen Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Shipping and other | $566.46K | $445.72K | $191.05K |
| Specimens | $9.36M | $9.96M | $10.94M |
iSpecimen's latest annual revenue breakdown by segment (product or service), as of Dec 23: Specimens (94.29%), and Shipping and other (5.71%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Specimens | $2.14M | $5.13M | $1.52M | $2.71M | $2.87M | $2.51M | $2.21M | $2.37M | $2.50M | - | - |
| Shipping and other | $153.89K | $225.61K | $103.03K | $237.82K | $93.47K | $75.11K | $130.87K | $146.27K | $52.99K | - | - |
| Shipping And Handling | - | - | - | - | - | - | - | - | - | $46.88K | $74.66K |
| Product | - | - | - | - | - | - | - | - | - | $2.67M | $2.83M |
iSpecimen's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Specimens (93.28%), and Shipping and other (6.72%).
iSpecimen Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| GTH | Genetron | $650.71M | $201.32M |
| CSTL | Castle Biosciences | $219.79M | $87.00M |
| OLK | Olink AB (publ) | $169.91M | $28.59M |
| FONR | FONAR | $98.65M | $25.72M |
| PSNL | Personalis | $73.48M | $19.52M |
| TRIB | Trinity Biotech | $56.83M | $14.70M |
| XGN | Exagen | $52.55M | $15.06M |
| BIOC | Biocept | $25.86M | $589.00K |
| ISPC | iSpecimen | $9.93M | $2.86M |
| TTOO | T2 Biosystems | $7.19M | $1.95M |
| HTGM | HTG Molecular Diagnostics | $6.37M | $1.03M |
| OCX | OncoCyte | $1.50M | $104.00K |
| INBS | Intelligent Bio Solutions | $1.26M | $823.80K |
| SQL | SeqLL | $1.18K | - |
ISPC Revenue FAQ
What is iSpecimen’s yearly revenue?
iSpecimen's yearly revenue for 2023 was $9.93M, representing a decrease of -4.56% compared to 2022. The company's yearly revenue for 2022 was $10.4M, representing a decrease of -6.58% compared to 2021. ISPC's yearly revenue for 2021 was $11.14M, representing an increase of 36.06% compared to 2020.
What is iSpecimen’s quarterly revenue?
iSpecimen's quarterly revenue for Q2 2024 was $2.86M, a 25.05% increase from the previous quarter (Q1 2024), and a 76.21% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.29M, a -11.07% decrease from the previous quarter (Q4 2023), and a -22.38% decrease year-over-year (Q1 2023). ISPC's quarterly revenue for Q4 2023 was $2.58M, a -7.30% decrease from the previous quarter (Q3 2023), and a -13.05% decrease year-over-year (Q4 2022).
What is iSpecimen’s revenue growth rate?
iSpecimen's revenue growth rate for the last 3 years (2021-2023) was -10.84%, and for the last 5 years (2019-2023) was 130.98%.
What are iSpecimen’s revenue streams?
iSpecimen's revenue streams in c 23 are Shipping and other, and Specimens. Shipping and other generated $566.46K in revenue, accounting 5.71% of the company's total revenue, up 27.09% year-over-year. Specimens generated $9.36M in revenue, accounting 94.29% of the company's total revenue, down -5.97% year-over-year.
What is iSpecimen’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of iSpecimen was Specimens. This segment made a revenue of $9.36M, representing 94.29% of the company's total revenue.