Meta Materials (MMAT) Revenue & Revenue Breakdown
Meta Materials Revenue Highlights
Latest Revenue (Y)
$7.84M
Latest Revenue (Q)
$3.27M
Main Segment (Y)
Development Revenue
Meta Materials Revenue by Period
Meta Materials Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $7.84M | -23.11% |
| 2022-12-31 | $10.20M | 149.85% |
| 2021-12-31 | $4.08M | 263.80% |
| 2020-12-31 | $1.12M | 24.35% |
| 2019-12-31 | $902.41K | -29.63% |
| 2018-12-31 | $1.28M | 124.78% |
| 2017-12-31 | $570.50K | 60.98% |
| 2016-12-31 | $354.39K | -78.32% |
| 2015-12-31 | $1.63M | -70.51% |
| 2014-12-31 | $5.54M | 327.72% |
| 2013-12-31 | $1.30M | 24.90% |
| 2012-12-31 | $1.04M | 4194.66% |
| 2011-12-31 | $24.15K | 100.00% |
| 2010-12-31 | - | 100.00% |
| 2009-03-30 | - | - |
Meta Materials generated $7.84M in revenue during NA 2023, up -23.11% compared to the previous quarter, and up 611.60% compared to the same period a year ago.
Meta Materials Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $3.27M | 40.88% |
| 2023-12-31 | $2.32M | 5.57% |
| 2023-09-30 | $2.20M | 8.35% |
| 2023-06-30 | $2.03M | 43.78% |
| 2023-03-31 | $1.41M | -2.32% |
| 2022-12-31 | $1.45M | -41.13% |
| 2022-09-30 | $2.46M | -26.11% |
| 2022-06-30 | $3.32M | 11.73% |
| 2022-03-31 | $2.97M | 29.94% |
| 2021-12-31 | $2.29M | 299.80% |
| 2021-09-30 | $572.61K | -8.28% |
| 2021-06-30 | $624.32K | 4.70% |
| 2021-03-31 | $596.30K | 118.17% |
| 2020-12-31 | $273.32K | 37.92% |
| 2020-09-30 | $198.18K | -5.79% |
| 2020-06-30 | $210.34K | -52.23% |
| 2020-03-31 | $440.34K | 10.03% |
| 2019-12-31 | $400.21K | 144.90% |
| 2019-09-30 | $163.41K | -20.12% |
| 2019-06-30 | $204.58K | 43.16% |
| 2019-03-31 | $142.90K | -10.14% |
| 2018-12-31 | $159.02K | 16.53% |
| 2018-09-30 | $136.46K | -51.82% |
| 2018-06-30 | $283.26K | -41.13% |
| 2018-03-31 | $481.16K | -8.52% |
| 2017-12-31 | $525.95K | 2774.68% |
| 2017-09-30 | $18.30K | 37.53% |
| 2017-06-30 | $13.30K | 2.73% |
| 2017-03-31 | $12.95K | -21.95% |
| 2016-12-31 | $16.59K | -51.60% |
| 2016-09-30 | $34.28K | -67.42% |
| 2016-06-30 | $105.22K | -45.85% |
| 2016-03-31 | $194.31K | 45.05% |
| 2015-12-31 | $133.97K | -66.55% |
| 2015-09-30 | $400.44K | -21.27% |
| 2015-06-30 | $508.64K | -13.97% |
| 2015-03-31 | $591.26K | -53.26% |
| 2014-12-31 | $1.27M | -35.26% |
| 2014-09-30 | $1.95M | 19.16% |
| 2014-06-30 | $1.64M | 140.40% |
| 2014-03-31 | $682.13K | 60.68% |
| 2013-12-31 | $424.52K | -6.61% |
| 2013-09-30 | $454.56K | 167.09% |
| 2013-06-30 | $170.19K | -25.75% |
| 2013-03-31 | $229.20K | -52.91% |
| 2012-12-31 | $486.72K | 77.06% |
| 2012-09-30 | $274.90K | 9.34% |
| 2012-06-30 | $251.41K | 938.21% |
| 2012-03-31 | $24.22K | 100.00% |
| 2011-12-31 | - | 100.00% |
| 2011-09-30 | - | -100.00% |
| 2011-06-30 | $24.15K | 100.00% |
| 2011-03-31 | - | 100.00% |
| 2010-12-31 | - | 100.00% |
| 2010-09-30 | - | 100.00% |
| 2010-06-30 | - | 100.00% |
| 2010-03-31 | - | - |
Meta Materials generated $3.27M in revenue during Q1 2024, up 40.88% compared to the previous quarter, and up 226.34% compared to the same period a year ago.
Meta Materials Revenue Breakdown
Meta Materials Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 |
|---|---|---|
| Product Sale | $1.21M | $407.91K |
| Contract Revenue | $8.81M | $3.43M |
| Development Revenue | $8.99M | $3.67M |
| Other Development Revenue | $179.30K | $246.66K |
Meta Materials's latest annual revenue breakdown by segment (product or service), as of Dec 22: Development Revenue (46.84%), Contract Revenue (45.91%), Product Sale (6.31%), and Other Development Revenue (0.93%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Contract Revenue | $2.62M | $1.54M | $1.35M | $1.11M | $2.00M | $2.99M | $2.71M | $2.20M | $275.18K | $545.55K |
| Product Sale | $85.17K | $22.91K | $58.70K | $277.45K | $432.06K | $334.11K | $168.13K | $86.48K | $297.43K | $1.95K |
| Development Revenue | $3.14M | $2.01M | $1.35M | $1.17M | $2.02M | $2.99M | $2.81M | $2.20M | $275.18K | $622.37K |
| Other Development Revenue | $525.00K | $466.81K | $59.30K | $20.00K | - | $100.00K | $4.51K | - | $76.82K | - |
Meta Materials's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Development Revenue (49.33%), Contract Revenue (41.09%), Other Development Revenue (8.24%), and Product Sale (1.34%).
Meta Materials Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Mar 24 |
|---|---|
| Other Countries | $22.95K |
| CANADA | $53.71K |
| UNITED STATES | $3.14M |
Meta Materials's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (97.62%), CANADA (1.67%), and Other Countries (0.71%).
Meta Materials Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| GLW | Corning | $12.59B | $3.25B |
| MEI | Methode Electronics | $1.11B | $259.50M |
| DAKT | Daktronics | $818.08M | $170.30M |
| SGMA | SigmaTron | $414.44M | $95.92M |
| WBX | Wallbox | $155.43M | $41.81M |
| OUST | Ouster | $83.28M | $25.94M |
| KOPN | Kopin | $40.39M | $12.34B |
| LPTH | LightPath | $32.93M | $7.70M |
| CPSH | CPS | $27.55M | $5.03M |
| LINK | Interlink Electronics | $13.94M | $2.90M |
| TMPO | Tempo Automation | $12.05M | $2.77M |
| MMAT | Meta Materials | $7.84M | $3.27M |
MMAT Revenue FAQ
What is Meta Materials’s yearly revenue?
Meta Materials's yearly revenue for 2023 was $7.84M, representing a decrease of -23.11% compared to 2022. The company's yearly revenue for 2022 was $10.2M, representing an increase of 149.85% compared to 2021. MMAT's yearly revenue for 2021 was $4.08M, representing an increase of 263.80% compared to 2020.
What is Meta Materials’s quarterly revenue?
Meta Materials's quarterly revenue for Q1 2024 was $3.27M, a 40.88% increase from the previous quarter (Q4 2023), and a 131.70% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $2.32M, a 5.57% increase from the previous quarter (Q3 2023), and a 60.66% increase year-over-year (Q4 2022). MMAT's quarterly revenue for Q3 2023 was $2.2M, a 8.35% increase from the previous quarter (Q2 2023), and a -10.42% decrease year-over-year (Q3 2022).
What is Meta Materials’s revenue growth rate?
Meta Materials's revenue growth rate for the last 3 years (2021-2023) was 92.11%, and for the last 5 years (2019-2023) was 769.11%.
What are Meta Materials’s revenue streams?
Meta Materials's revenue streams in c 22 are Product Sale, Contract Revenue, Development Revenue, and Other Development Revenue. Product Sale generated $1.21M in revenue, accounting 6.31% of the company's total revenue, up 197.06% year-over-year. Contract Revenue generated $8.81M in revenue, accounting 45.91% of the company's total revenue, up 156.98% year-over-year. Development Revenue generated $8.99M in revenue, accounting 46.84% of the company's total revenue, up 144.61% year-over-year. Other Development Revenue generated $179.3K in revenue, accounting 0.93% of the company's total revenue, down -27.31% year-over-year.
What is Meta Materials’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Meta Materials was Development Revenue. This segment made a revenue of $8.99M, representing 46.84% of the company's total revenue.