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Lion Electric Company (LEV) Revenue & Revenue Breakdown

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Lion Electric Company Revenue Highlights

Latest Revenue (Y)

$253.50M

Latest Revenue (Q)

$55.48M

Main Geography (Y)

CANADA

Lion Electric Company Revenue by Period

Lion Electric Company Revenue by Year

DateRevenueChange
2023-12-31$253.50M81.18%
2022-12-31$139.91M142.44%
2021-12-31$57.71M146.39%
2020-12-31$23.42M-24.11%
2019-12-31$30.86M-

Lion Electric Company generated $253.50M in revenue during NA 2023, up 81.18% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Lion Electric Company Revenue by Quarter

DateRevenueChange
2024-03-31$55.48M-8.19%
2023-12-31$60.43M-24.79%
2023-09-30$80.35M38.49%
2023-06-30$58.02M6.06%
2023-03-31$54.70M16.97%
2022-12-31$46.77M14.13%
2022-09-30$40.98M38.81%
2022-06-30$29.52M30.35%
2022-03-31$22.65M-0.98%
2021-12-31$22.87M91.78%
2021-09-30$11.93M-28.54%
2021-06-30$16.69M168.07%
2021-03-31$6.23M-53.90%
2020-12-31$13.50M100.00%
2020-09-30--100.00%
2020-06-30$6.08M-

Lion Electric Company generated $55.48M in revenue during Q1 2024, up -8.19% compared to the previous quarter, and up 118.63% compared to the same period a year ago.

Lion Electric Company Revenue Breakdown

Lion Electric Company Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21
UNITED STATES$18.83M$20.23M
CANADA$121.09M$37.48M

Lion Electric Company's latest annual revenue breakdown by geography, as of Dec 22: CANADA (86.54%), and UNITED STATES (13.46%).

Quarterly Revenue by Country

CountryJun 23Mar 23Dec 22Sep 22
CANADA$45.97M$52.44M$40.08M$35.43M
UNITED STATES$12.05M$2.27M$6.69M$5.55M

Lion Electric Company's latest quarterly revenue breakdown by geography, as of Jun 23: CANADA (79.24%), and UNITED STATES (20.76%).

Lion Electric Company Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CATCaterpillar$67.06B$16.11B
DEDeere & Company$44.76B$13.15B
WNCWabash National$2.54B$464.04M
TWITitan$1.82B$447.99M
LEVLion Electric Company$253.50M$55.48M
HYFMHydrofarm Group$226.58M$44.01M
UGROurban-gro$71.54M$15.54M
XOSXos$44.52M$13.16M
NKLANikola$35.84M$25.18M
CEADCEA Industries$6.91M$390.82K

LEV Revenue FAQ

What is Lion Electric Company’s yearly revenue?

Lion Electric Company's yearly revenue for 2023 was $253.5M, representing an increase of 81.18% compared to 2022. The company's yearly revenue for 2022 was $139.91M, representing an increase of 142.44% compared to 2021. LEV's yearly revenue for 2021 was $57.71M, representing an increase of 146.39% compared to 2020.

What is Lion Electric Company’s quarterly revenue?

Lion Electric Company's quarterly revenue for Q1 2024 was $55.48M, a -8.19% decrease from the previous quarter (Q4 2023), and a 1.42% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $60.43M, a -24.79% decrease from the previous quarter (Q3 2023), and a 29.21% increase year-over-year (Q4 2022). LEV's quarterly revenue for Q3 2023 was $80.35M, a 38.49% increase from the previous quarter (Q2 2023), and a 96.07% increase year-over-year (Q3 2022).

What is Lion Electric Company’s revenue growth rate?

Lion Electric Company's revenue growth rate for the last 3 years (2021-2023) was 339.26%, and for the last 5 years (2019-2023) was 721.37%.