Lion Electric Company (LEV) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $253.50M | 81.18% |
| 2022-12-31 | $139.91M | 142.44% |
| 2021-12-31 | $57.71M | 146.39% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $55.48M | -8.19% |
| 2023-12-31 | $60.43M | -24.79% |
| 2023-09-30 | $80.35M | 38.49% |
| 2023-06-30 | $58.02M | 6.06% |
| 2023-03-31 | $54.70M | 16.97% |
| 2022-12-31 | $46.77M | 14.13% |
| 2022-09-30 | $40.98M | 38.81% |
| 2022-06-30 | $29.52M | 30.35% |
| 2022-03-31 | $22.65M | -0.98% |
| 2021-12-31 | $22.87M | 91.78% |
| 2021-09-30 | $11.93M | -28.54% |
| 2021-06-30 | $16.69M | 168.07% |
| 2021-03-31 | $6.23M | -53.90% |
| 2020-12-31 | $13.50M | 100.00% |
| 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
| Country | Dec 22 | Dec 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
| Country | Jun 23 | Mar 23 | Dec 22 | Sep 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CAT | Caterpillar | $67.06B | $15.80B |
| DE | Deere & Company | $60.25B | $13.15B |
| WNC | Wabash National | $2.54B | $464.04M |
| TWI | Titan | $1.82B | $447.99M |
| LEV | Lion Electric Company | $253.50M | $55.48M |
| HYFM | Hydrofarm Group | $226.58M | $54.17M |
| UGRO | urban-gro | $71.54M | $15.54M |
| XOS | Xos | $44.52M | $13.16M |
| NKLA | Nikola | $35.84M | $25.18M |
| ZEV | Lightning eMotors | $24.41M | $12.37M |
| CEAD | CEA Industries | $6.91M | $234.51K |
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%.