MeridianLink (MLNK) Revenue & Revenue Breakdown


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MeridianLink Revenue Highlights


Latest Revenue (Y)

$303.62M

Latest Revenue (Q)

$78.68M

Main Segment (Y)

Subscription Fees

MeridianLink Revenue by Period


MeridianLink Revenue by Year

DateRevenueChange
2023-12-31$303.62M5.41%
2022-12-31$288.05M7.61%
2021-12-31$267.68M34.28%
2020-12-31$199.34M30.52%
2019-12-31$152.73M-

MeridianLink generated $303.62M in revenue during NA 2023, up 5.41% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

MeridianLink Revenue by Quarter

DateRevenueChange
2024-06-30$78.68M1.11%
2024-03-31$77.82M4.34%
2023-12-31$74.58M-2.50%
2023-09-30$76.49M1.42%
2023-06-30$75.42M-2.23%
2023-03-31$77.14M9.33%
2022-12-31$70.55M-1.68%
2022-09-30$71.75M-1.69%
2022-06-30$72.99M0.32%
2022-03-31$72.75M13.64%
2021-12-31$64.02M-4.96%
2021-09-30$67.37M-1.62%
2021-06-30$68.47M0.98%
2021-03-31$67.81M25.73%
2020-12-31$53.93M3.21%
2020-09-30$52.25M5.49%
2020-06-30$49.53M13.57%
2020-03-31$43.62M-

MeridianLink generated $78.68M in revenue during Q2 2024, up 1.11% compared to the previous quarter, and up 102.00% compared to the same period a year ago.

MeridianLink Revenue Breakdown


MeridianLink Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Subscription Fees$256.79M$248.86M$235.49M
Professional Services$36.25M$29.32M$22.71M
Service, Other$10.58M$9.86M$9.48M

MeridianLink's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription Fees (84.58%), Professional Services (11.94%), and Service, Other (3.48%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Subscription Fees$65.91M$62.00M$64.61M$63.77M$66.41M$60.00M$61.86M$63.53M$63.47M$55.76M$58.99M
Service, Other$2.89M$2.47M$3.17M$2.64M$2.29M$2.30M$2.60M$2.79M$2.17M$2.37M$2.67M
Professional Services$9.01M$10.11M$8.71M$9.00M$8.44M$8.25M$7.29M$6.67M$7.11M$5.89M$5.71M

MeridianLink's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Subscription Fees (84.70%), Professional Services (11.58%), and Service, Other (3.72%).

MeridianLink Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PCTYPaylocity$1.40B$401.28M
PWSCPowerSchool$697.65M$191.59M
PYCRPaycor HCM$654.95M$187.02M
ETWOE2open Parent$634.55M$151.16M
ADEAAdeia$388.79M$87.35M
CWANClearwater Analytics$368.17M$106.79M
PROPROS$303.71M$82.01M
MLNKMeridianLink$303.62M$78.68M
ALKTAlkami$264.83M$82.16M
AGYSAgilysys$237.46M$63.51M
ENFNEnfusion$174.53M$49.45M
AMSWAAmerican Software$102.52M$26.19M
CCRDCoreCard$56.00M$13.80M

MLNK Revenue FAQ


MeridianLink's yearly revenue for 2023 was $303.62M, representing an increase of 5.41% compared to 2022. The company's yearly revenue for 2022 was $288.05M, representing an increase of 7.61% compared to 2021. MLNK's yearly revenue for 2021 was $267.68M, representing an increase of 34.28% compared to 2020.

MeridianLink's quarterly revenue for Q2 2024 was $78.68M, a 1.11% increase from the previous quarter (Q1 2024), and a 4.32% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $77.82M, a 4.34% increase from the previous quarter (Q4 2023), and a 0.88% increase year-over-year (Q1 2023). MLNK's quarterly revenue for Q4 2023 was $74.58M, a -2.50% decrease from the previous quarter (Q3 2023), and a 5.71% increase year-over-year (Q4 2022).

MeridianLink's revenue growth rate for the last 3 years (2021-2023) was 13.43%, and for the last 5 years (2019-2023) was 98.79%.

MeridianLink's revenue streams in c 23 are Subscription Fees, Professional Services, and Service, Other. Subscription Fees generated $256.79M in revenue, accounting 84.58% of the company's total revenue, up 3.18% year-over-year. Professional Services generated $36.25M in revenue, accounting 11.94% of the company's total revenue, up 23.64% year-over-year. Service, Other generated $10.58M in revenue, accounting 3.48% of the company's total revenue, up 7.28% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of MeridianLink was Subscription Fees. This segment made a revenue of $256.79M, representing 84.58% of the company's total revenue.