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Meta Materials (MMAT) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-12-31$7.84M-23.11%
2022-12-31$10.20M149.85%
2021-12-31$4.08M263.80%
2020-12-31$1.12M24.35%
2019-12-31$902.41K-29.63%
2018-12-31$1.28M124.78%
2017-12-31$570.50K60.98%
2016-12-31$354.39K-78.32%
2015-12-31$1.63M-70.51%
2014-12-31$5.54M327.72%
2013-12-31$1.30M24.90%
2012-12-31$1.04M4194.66%
2011-12-31$24.15K100.00%
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

DateRevenueChange
2024-03-31$3.27M40.88%
2023-12-31$2.32M5.57%
2023-09-30$2.20M8.35%
2023-06-30$2.03M43.78%
2023-03-31$1.41M-2.32%
2022-12-31$1.45M-41.13%
2022-09-30$2.46M-26.11%
2022-06-30$3.32M11.73%
2022-03-31$2.97M29.94%
2021-12-31$2.29M299.80%
2021-09-30$572.61K-8.28%
2021-06-30$624.32K4.70%
2021-03-31$596.30K118.17%
2020-12-31$273.32K37.92%
2020-09-30$198.18K-5.79%
2020-06-30$210.34K-52.23%
2020-03-31$440.34K10.03%
2019-12-31$400.21K144.90%
2019-09-30$163.41K-20.12%
2019-06-30$204.58K43.16%
2019-03-31$142.90K-10.14%
2018-12-31$159.02K16.53%
2018-09-30$136.46K-51.82%
2018-06-30$283.26K-41.13%
2018-03-31$481.16K-8.52%
2017-12-31$525.95K2774.68%
2017-09-30$18.30K37.53%
2017-06-30$13.30K2.73%
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$194.31K45.05%
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$1.95M19.16%
2014-06-30$1.64M140.40%
2014-03-31$682.13K60.68%
2013-12-31$424.52K-6.61%
2013-09-30$454.56K167.09%
2013-06-30$170.19K-25.75%
2013-03-31$229.20K-52.91%
2012-12-31$486.72K77.06%
2012-09-30$274.90K9.34%
2012-06-30$251.41K938.21%
2012-03-31$24.22K100.00%
2011-12-31-100.00%
2011-09-30--100.00%
2011-06-30$24.15K100.00%
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/ServiceDec 22Dec 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/ServiceMar 24Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 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

CountryMar 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

TickerCompanyLast Year RevenueLast Quarter Revenue
LPTHLightPath$31.73B$8.40M
GLWCorning$12.59B$3.39B
MEIMethode Electronics$1.11B$292.60M
DAKTDaktronics$818.08M$208.33M
SGMASigmaTron$373.88M$84.78M
WBXWallbox$155.43M$41.81M
OUSTOuster$83.28M$28.07M
KOPNKopin$40.39M$10.92B
CPSHCPS$27.55M$4.25B
LINKInterlink Electronics$13.94M$2.67M

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.