Luminar (LAZR) Revenue & Revenue Breakdown
Luminar Revenue Highlights
Latest Revenue (Y)
$69.78M
Latest Revenue (Q)
$20.97M
Main Segment (Y)
Service
Main Geography (Y)
North America
Luminar Revenue by Period
Luminar Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $69.78M | 71.46% |
| 2022-12-31 | $40.70M | 27.40% |
| 2021-12-31 | $31.94M | 128.97% |
| 2020-12-31 | $13.95M | 10.70% |
| 2019-12-31 | $12.60M | - |
Luminar generated $69.78M in revenue during NA 2023, up 71.46% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Luminar Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $20.97M | -5.18% |
| 2023-12-31 | $22.11M | 30.40% |
| 2023-09-30 | $16.96M | 4.70% |
| 2023-06-30 | $16.20M | 11.63% |
| 2023-03-31 | $14.51M | 30.41% |
| 2022-12-31 | $11.13M | -12.98% |
| 2022-09-30 | $12.79M | 28.73% |
| 2022-06-30 | $9.93M | 44.89% |
| 2022-03-31 | $6.86M | -44.47% |
| 2021-12-31 | $12.34M | 54.73% |
| 2021-09-30 | $7.98M | 26.45% |
| 2021-06-30 | $6.31M | 18.75% |
| 2021-03-31 | $5.31M | 118.46% |
| 2020-12-31 | $2.43M | -42.41% |
| 2020-09-30 | $4.22M | 23.34% |
| 2020-06-30 | $3.42M | -11.57% |
| 2020-03-31 | $3.87M | -33.23% |
| 2019-12-31 | $5.80M | 88.04% |
| 2019-09-30 | $3.08M | 65.85% |
| 2019-06-30 | $1.86M | - |
| 2019-03-31 | $1.86M | - |
Luminar generated $20.97M in revenue during Q1 2024, up -5.18% compared to the previous quarter, and up 188.46% compared to the same period a year ago.
Luminar Revenue Breakdown
Luminar Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|
| Service | $22.21M | $21.83M | - |
| Product | $18.49M | $10.12M | - |
| Component Sales Segment | - | - | $2.56M |
| Autonomy Solutions Segment | - | - | $11.39M |
Luminar's latest annual revenue breakdown by segment (product or service), as of Dec 22: Service (54.56%), and Product (45.44%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | $6.92M | $7.85M | $6.27M | $7.14M | $2.77M | $5.99M | $8.13M | $5.31M | - | - | - | - |
| Product | $24.51M | $27.27M | $9.92M | $7.37M | $8.36M | $6.80M | $1.80M | $1.54M | - | - | - | - |
| Autonomy Solutions Segment | - | - | - | - | - | - | - | - | $10.79M | $7.55M | $5.82M | $4.34M |
| Component Sales Segment | - | - | - | - | - | - | - | - | $1.55M | $428.00K | $487.00K | $977.00K |
Luminar's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (77.99%), and Service (22.01%).
Luminar Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|
| North America | $35.03M | $23.04M | $4.01M |
| Europe And Middle East | $1.96M | $6.40M | $9.04M |
| Asia Pacific | $3.70M | $2.50M | $906.00K |
Luminar's latest annual revenue breakdown by geography, as of Dec 22: North America (86.08%), Asia Pacific (9.10%), and Europe And Middle East (4.82%).
Quarterly Revenue by Country
| Country | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $81.00K | $1.02M | $393.00K | $592.00K | $743.00K | $168.00K | $932.00K | $1.86M | $2.03M | - | $154.00K | $321.00K |
| North America | $20.34M | $16.37M | $13.78M | $13.20M | $8.91M | $12.44M | $8.72M | $4.97M | $10.73M | $5.71M | $4.06M | $2.54M |
| Europe And Middle East | $550.00K | $592.00K | $2.03M | $719.00K | $1.48M | $177.00K | $284.00K | $27.00K | $-413.00K | $2.27M | $2.09M | $2.45M |
Luminar's latest quarterly revenue breakdown by geography, as of Mar 24: North America (96.99%), Europe And Middle East (2.62%), and Asia Pacific (0.39%).
Luminar Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| HSAI | Hesai Group | $1.88B | $359.12M |
| WPRT | Westport Fuel Systems | $337.88M | $77.23M |
| KNDI | Kandi Technologies Group | $123.60M | $20.70M |
| LAZR | Luminar | $69.78M | $20.97M |
| INVZ | Innoviz | $20.88M | $7.06M |
| AEVA | Aeva | $4.31M | $2.01M |
| LIDR | AEye | $1.46M | $32.00K |
| HYLN | Hyliion | $672.00K | - |
| MBLY | Mobileye Global | - | $439.00M |
| QS | QuantumScape | - | - |
LAZR Revenue FAQ
What is Luminar’s yearly revenue?
Luminar's yearly revenue for 2023 was $69.78M, representing an increase of 71.46% compared to 2022. The company's yearly revenue for 2022 was $40.7M, representing an increase of 27.40% compared to 2021. LAZR's yearly revenue for 2021 was $31.94M, representing an increase of 128.97% compared to 2020.
What is Luminar’s quarterly revenue?
Luminar's quarterly revenue for Q1 2024 was $20.97M, a -5.18% decrease from the previous quarter (Q4 2023), and a 44.52% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $22.11M, a 30.40% increase from the previous quarter (Q3 2023), and a 98.76% increase year-over-year (Q4 2022). LAZR's quarterly revenue for Q3 2023 was $16.96M, a 4.70% increase from the previous quarter (Q2 2023), and a 32.65% increase year-over-year (Q3 2022).
What is Luminar’s revenue growth rate?
Luminar's revenue growth rate for the last 3 years (2021-2023) was 118.44%, and for the last 5 years (2019-2023) was 453.71%.
What are Luminar’s revenue streams?
Luminar's revenue streams in c 22 are Service, and Product. Service generated $22.21M in revenue, accounting 54.56% of the company's total revenue, up 1.74% year-over-year. Product generated $18.49M in revenue, accounting 45.44% of the company's total revenue, up 82.76% year-over-year.
What is Luminar’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Luminar was Service. This segment made a revenue of $22.21M, representing 54.56% of the company's total revenue.