Luminar (LAZR) Revenue & Revenue Breakdown


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Luminar Revenue Highlights


Latest Revenue (Y)

$69.78M

Latest Revenue (Q)

$15.49M

Main Segment (Y)

Service

Main Geography (Y)

North America

Luminar Revenue by Period


Luminar Revenue by Year

DateRevenueChange
2023-12-31$69.78M71.46%
2022-12-31$40.70M27.40%
2021-12-31$31.94M128.97%
2020-12-31$13.95M10.70%
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

DateRevenueChange
2024-09-30$15.49M-5.82%
2024-06-30$16.45M-21.54%
2024-03-31$20.97M-5.18%
2023-12-31$22.11M30.40%
2023-09-30$16.96M4.70%
2023-06-30$16.20M11.63%
2023-03-31$14.51M30.41%
2022-12-31$11.13M-12.98%
2022-09-30$12.79M28.73%
2022-06-30$9.93M44.89%
2022-03-31$6.86M-44.47%
2021-12-31$12.34M54.73%
2021-09-30$7.98M26.45%
2021-06-30$6.31M18.75%
2021-03-31$5.31M118.46%
2020-12-31$2.43M-42.41%
2020-09-30$4.22M23.34%
2020-06-30$3.42M-11.57%
2020-03-31$3.87M-33.23%
2019-12-31$5.80M88.04%
2019-09-30$3.08M65.85%
2019-06-30$1.86M-
2019-03-31$1.86M-

Luminar generated $15.49M in revenue during Q3 2024, up -5.82% compared to the previous quarter, and up 95.65% compared to the same period a year ago.

Luminar Revenue Breakdown


Luminar Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20
Service$22.21M$21.83M-
Product$18.49M$10.12M-
Autonomy Solutions Segment--$11.39M
Component Sales Segment--$2.56M

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/ServiceSep 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Product$24.13M$24.51M$27.27M$9.92M$7.37M$8.36M$6.80M$1.80M$1.54M----
Service$5.40M$6.92M$7.85M$6.27M$7.14M$2.77M$5.99M$8.13M$5.31M----
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 Sep 24: Product (81.72%), and Service (18.28%).

Luminar Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20
Asia Pacific$3.70M$2.50M$906.00K
North America$35.03M$23.04M$4.01M
Europe And Middle East$1.96M$6.40M$9.04M

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

CountrySep 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
North America$14.02M$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$1.27M$550.00K$592.00K$2.03M$719.00K$1.48M$177.00K$284.00K$27.00K$-413.00K$2.27M$2.09M$2.45M
Asia Pacific$202.00K$81.00K$1.02M$393.00K$592.00K$743.00K$168.00K$932.00K$1.86M$2.03M-$154.00K$321.00K

Luminar's latest quarterly revenue breakdown by geography, as of Sep 24: North America (90.51%), Europe And Middle East (8.19%), and Asia Pacific (1.30%).

Luminar Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
HSAIHesai Group$1.88B$359.12M
WPRTWestport Fuel Systems$337.88M$77.23M
KNDIKandi Technologies Group$123.60M$20.70M
LAZRLuminar$69.78M$15.49M
INVZInnoviz$20.88M$7.06M
AEVAAeva$4.31M$2.25M
LIDRAEye$1.46M$32.00K
HYLNHyliion$672.00K$2.57M
MBLYMobileye Global-$486.00M
QSQuantumScape--

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 Q3 2024 was $15.49M, a -5.82% decrease from the previous quarter (Q2 2024), and a -8.64% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $16.45M, a -21.54% decrease from the previous quarter (Q1 2024), and a 1.57% increase year-over-year (Q2 2023). LAZR'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).

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.