Manitex (MNTX) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Manitex Revenue Highlights

Latest Revenue (Y)

$291.39M

Latest Revenue (Q)

$76.23M

Main Segment (Y)

Equipment Sales

Main Geography (Y)

Equipment Sales

Manitex Revenue by Period

Manitex Revenue by Year

Date	Revenue	Change
2023-12-31	$291.39M	6.40%
2022-12-31	$273.85M	29.46%
2021-12-31	$211.54M	26.29%
2020-12-31	$167.50M	-25.48%
2019-12-31	$224.78M	-7.16%
2018-12-31	$242.11M	13.61%
2017-12-31	$213.11M	-26.25%
2016-12-31	$288.96M	-25.28%
2015-12-31	$386.74M	46.45%
2014-12-31	$264.08M	7.76%
2013-12-31	$245.07M	19.40%
2012-12-31	$205.25M	44.25%
2011-12-31	$142.29M	48.41%
2010-12-31	$95.88M	71.55%
2009-12-31	$55.89M	-47.45%
2008-12-31	$106.34M	-0.57%
2007-12-31	$106.95M	133.67%
2006-12-31	$45.77M	498.95%
2005-12-31	$7.64M	-3.63%
2004-12-31	$7.93M	719.96%
2003-12-31	$967.00K	-84.56%
2002-12-31	$6.26M	-

Manitex generated $291.39M in revenue during NA 2023, up 6.40% compared to the previous quarter, and up 120.36% compared to the same period a year ago.

Manitex Revenue by Quarter

Date	Revenue	Change
2024-06-30	$76.23M	3.94%
2024-03-31	$73.34M	-6.75%
2023-12-31	$78.65M	10.26%
2023-09-30	$71.33M	-3.00%
2023-06-30	$73.53M	8.34%
2023-03-31	$67.87M	-13.89%
2022-12-31	$78.82M	21.19%
2022-09-30	$65.04M	-6.53%
2022-06-30	$69.58M	15.16%
2022-03-31	$60.42M	13.17%
2021-12-31	$53.39M	4.82%
2021-09-30	$50.94M	-15.17%
2021-06-30	$60.05M	27.30%
2021-03-31	$47.17M	4.39%
2020-12-31	$45.18M	23.91%
2020-09-30	$36.47M	-1.75%
2020-06-30	$37.12M	-23.84%
2020-03-31	$48.73M	-10.49%
2019-12-31	$54.45M	4.82%
2019-09-30	$51.94M	-14.81%
2019-06-30	$60.97M	6.18%
2019-03-31	$57.42M	-5.23%
2018-12-31	$60.59M	-0.57%
2018-09-30	$60.94M	-4.64%
2018-06-30	$63.90M	12.76%
2018-03-31	$56.67M	-12.10%
2017-12-31	$64.48M	14.19%
2017-09-30	$56.46M	9.44%
2017-06-30	$51.59M	-23.96%
2017-03-31	$67.85M	4.42%
2016-12-31	$64.98M	-12.35%
2016-09-30	$74.13M	-23.00%
2016-06-30	$96.28M	-5.94%
2016-03-31	$102.36M	30.26%
2015-12-31	$78.58M	-18.71%
2015-09-30	$96.67M	-8.46%
2015-06-30	$105.60M	-0.26%
2015-03-31	$105.88M	58.25%
2014-12-31	$66.91M	1.08%
2014-09-30	$66.20M	-3.22%
2014-06-30	$68.40M	9.31%
2014-03-31	$62.58M	-4.36%
2013-12-31	$65.43M	13.75%
2013-09-30	$57.52M	-8.05%
2013-06-30	$62.55M	5.02%
2013-03-31	$59.57M	5.38%
2012-12-31	$56.52M	5.89%
2012-09-30	$53.38M	1.68%
2012-06-30	$52.50M	22.51%
2012-03-31	$42.85M	17.20%
2011-12-31	$36.56M	-1.03%
2011-09-30	$36.94M	-0.33%
2011-06-30	$37.07M	16.85%
2011-03-31	$31.72M	7.37%
2010-12-31	$29.54M	18.85%
2010-09-30	$24.86M	27.47%
2010-06-30	$19.50M	-11.23%
2010-03-31	$21.97M	47.11%
2009-12-31	$14.93M	-0.86%
2009-09-30	$15.06M	27.14%
2009-06-30	$11.85M	-15.62%
2009-03-31	$14.04M	-49.47%
2008-12-31	$27.79M	-2.63%
2008-09-30	$28.54M	7.87%
2008-06-30	$26.46M	12.37%
2008-03-31	$23.55M	-13.61%
2007-12-31	$27.26M	-

Manitex generated $76.23M in revenue during Q2 2024, up 3.94% compared to the previous quarter, and up 112.32% compared to the same period a year ago.

Manitex Revenue Breakdown

Manitex Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 21	Dec 20	Dec 19	Dec 18
Services	$5.42M	$2.95M	-	-
Aerial Platforms	$27.18M	-	-	-
Boom Trucks Knuckle Boom And Truck Cranes	$128.77M	$116.01M	$155.56M	$175.90M
Part Sales	$25.77M	$26.53M	$28.40M	$28.73M
Equipment Sales	$180.35M	$138.02M	$190.08M	$209.24M
Rough Terrain Cranes	$839.00K	$9.35M	$10.08M	$7.38M
Other Equipment	$23.56M	$12.66M	$15.34M	$14.55M
Mobile Tanks	-	-	$9.10M	$11.41M
Installation Services	-	-	$6.29M	$4.13M

Manitex's latest annual revenue breakdown by segment (product or service), as of Dec 21: Equipment Sales (46.02%), Boom Trucks Knuckle Boom And Truck Cranes (32.86%), Aerial Platforms (6.94%), Part Sales (6.58%), Other Equipment (6.01%), Services (1.38%), and Rough Terrain Cranes (0.21%).

Quarterly Revenue by Product

Product/Service	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
Other Equipment	$7.15M	$5.19M	$3.57M	$5.40M	$2.60M	$1.71M	$2.95M	$3.46M	$3.02M	$3.46M	$5.40M	$4.33M	$3.82M	$2.97M	$3.42M	-	-	-
Aerial Platforms	$9.45M	$8.32M	$3.09M	$8.05M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rentals	$5.18M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Boom Trucks Knuckle Boom Truck Cranes	$38.34M	$37.63M	$30.38M	$44.65M	$33.23M	$23.60M	$27.16M	$34.79M	$36.68M	$43.82M	$39.57M	$43.95M	$47.27M	$41.55M	-	-	-	-
Services	$1.17M	$1.02M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rough Terrain Cranes	-	$162.00K	$-4.54M	$1.59M	$1.76M	$2.04M	$1.37M	$2.81M	$2.03M	$3.13M	$5.10M	$2.11M	$1.45M	$1.41M	$2.54M	$1.86M	$1.00M	$1.98M
Part Sales	$7.11M	$6.77M	$4.96M	$6.34M	$7.26M	$7.20M	$6.95M	$6.75M	$5.67M	$7.17M	$5.21M	$8.03M	$7.85M	$7.30M	$6.48M	$7.14M	$8.03M	$7.09M
Other Equipment And Rentals	-	$6.51M	$3.73M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equipment Sales	-	-	$46.17M	$37.24M	$45.40M	$53.48M	-	-	-	-	-	-	-	-	-	-	-	-
Installation Services	-	-	-	$858.00K	$1.18M	$1.13M	$702.00K	$557.00K	$690.00K	$3.83M	$791.00K	$925.00K	$745.00K	$630.00K	$1.03M	$1.32M	$1.16M	-
Mobile Tanks	-	-	-	-	-	-	-	-	-	-	$1.34M	$1.31M	$3.46M	$2.99M	$3.47M	$3.14M	$3.32M	$1.48M

Manitex's latest quarterly revenue breakdown by segment (product or service), as of Jun 22: Boom Trucks Knuckle Boom Truck Cranes (56.06%), Aerial Platforms (13.81%), Other Equipment (10.45%), Part Sales (10.39%), Rentals (7.58%), and Services (1.70%).

Manitex Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 21	Dec 20	Dec 19	Dec 18
Other Equipment	$23.56M	-	-	-
Equipment Sales	$180.35M	-	-	-
Boom Trucks Knuckle Boom And Truck Cranes	$128.77M	-	-	-
Aerial Platforms	$27.18M	-	-	-
Rough Terrain Cranes	$839.00K	-	-	-
All Other Countries	$53.36M	$44.94M	$9.51M	$8.16M
ITALY	$36.88M	$25.58M	$25.82M	$20.40M
CHILE	$12.23M	$8.40M	$10.10M	$8.30M
UNITED STATES	$77.88M	$71.41M	$116.79M	$124.06M
CANADA	$20.83M	$8.66M	$17.60M	$24.52M
FRANCE	$10.36M	$8.52M	$7.61M	$9.83M
Services	$5.42M	-	-	-
Part Sales	$25.77M	-	-	-
ISRAEL	-	-	$907.00K	$711.00K
IRELAND	-	-	$537.00K	$464.00K
INDONESIA	-	-	$179.00K	$534.00K
HONG KONG	-	-	$1.50M	$708.00K
GERMANY	-	-	$3.40M	$4.80M
ARGENTINA	-	-	$6.27M	$8.21M
CZECH REPUBLIC	-	-	$1.43M	$2.35M
DENMARK	-	-	$171.00K	$505.00K
UNITED ARAB EMIRATES	-	-	$339.00K	$749.00K
UKRAINE	-	-	$97.00K	$464.00K
TURKEY	-	-	$294.00K	$211.00K
SPAIN	-	-	$4.69M	$5.23M
SOUTH AFRICA	-	-	$20.00K	$214.00K
SINGAPORE	-	-	$843.00K	$195.00K
SAUDI ARABIA	-	-	$64.00K	$188.00K
ROMANIA	-	-	$1.23M	$406.00K
QATAR	-	-	$1.00K	$807.00K
PERU	-	-	$1.63M	$1.10M
NETHERLANDS	-	-	$1.07M	$1.41M
Martinique Island	-	-	$304.00K	$402.00K
MOROCCO	-	-	$302.00K	$162.00K
MEXICO	-	-	$2.76M	$1.37M
MALAYSIA	-	-	$403.00K	$875.00K
KUWAIT	-	-	$1.00K	$357.00K
AUSTRALIA	-	-	-	$48.00K
OMAN	-	-	-	$750.00K
SWEDEN	-	-	-	$634.00K
TAIWAN, PROVINCE OF CHINA	-	-	-	$501.00K
THAILAND	-	-	-	$56.00K

Manitex's latest annual revenue breakdown by geography, as of Dec 21: Equipment Sales (29.89%), Boom Trucks Knuckle Boom And Truck Cranes (21.34%), UNITED STATES (12.91%), All Other Countries (8.84%), ITALY (6.11%), Aerial Platforms (4.50%), Part Sales (4.27%), Other Equipment (3.90%), CANADA (3.45%), CHILE (2.03%), FRANCE (1.72%), Services (0.90%), and Rough Terrain Cranes (0.14%).

Quarterly Revenue by Country

Country	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
CHILE	$3.09M	$2.45M	$2.56M	$3.12M	$3.22M	$3.08M	$1.97M	$1.26M	$2.08M	$2.30M	$2.98M	$2.44M	$2.38M	$1.34M	$2.38M	$2.65M	$1.92M	-
CANADA	$5.66M	$4.09M	$6.52M	$5.45M	$2.88M	$2.87M	$1.98M	$1.33M	$2.48M	$4.04M	$1.29M	$6.25M	$6.02M	$3.81M	$6.48M	$6.89M	$7.34M	-
All Other Countries	$13.08M	$12.65M	$19.17M	$10.16M	$14.57M	$13.16M	$39.98M	$1.89M	$1.15M	$1.93M	$3.94M	$1.56M	$2.13M	$1.87M	$1.42M	$2.66M	$1.85M	$2.23M
Other Equipment	$7.15M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	$37.05M	$30.88M	$16.98M	$24.38M	$17.44M	$15.66M	$14.75M	$16.52M	$24.47M	$25.51M	$30.51M	$30.88M	$29.89M	$34.25M	$32.23M	$31.11M	$26.47M	-
ITALY	$7.99M	$6.67M	$12.34M	$9.84M	$6.71M	$9.87M	$5.93M	$4.45M	$5.33M	$9.01M	$5.20M	$6.69M	$4.92M	$5.02M	$4.16M	$5.61M	$5.61M	-
FRANCE	$2.71M	$3.68M	$2.14M	$2.69M	$3.77M	$1.44M	$1.99M	$2.31M	$2.78M	$1.58M	$1.83M	$2.26M	$1.95M	$3.37M	$2.21M	$2.30M	$1.95M	-
Services	$1.17M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rough Terrain Cranes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rentals	$5.18M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Part Sales	$7.11M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Boom Trucks Knuckle Boom Truck Cranes	$38.34M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aerial Platforms	$9.45M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
I T	-	-	-	$7.98M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
U S	-	-	-	$19.08M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
C A	-	-	-	$5.98M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
C L	-	-	-	$3.34M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
MOROCCO	-	-	-	-	-	-	-	$85.00K	$16.00K	$22.00K	$184.00K	$27.00K	$91.00K	$23.00K	$52.00K	$49.00K	$38.00K	-
Martinique Island	-	-	-	-	-	-	-	$9.00K	$20.00K	$156.00K	$87.00K	$67.00K	$138.00K	$12.00K	-	-	-	-
NETHERLANDS	-	-	-	-	-	-	-	$676.00K	$735.00K	$234.00K	$-33.00K	$596.00K	$274.00K	$236.00K	$172.00K	$449.00K	$332.00K	$460.00K
PERU	-	-	-	-	-	-	-	$161.00K	$142.00K	$388.00K	$507.00K	$276.00K	$458.00K	$288.00K	$531.00K	$200.00K	$83.00K	-
PUERTO RICO	-	-	-	-	-	-	-	$696.00K	$158.00K	$236.00K	$285.00K	$26.00K	$8.00K	$22.00K	$39.00K	$10.00K	-	-
ROMANIA	-	-	-	-	-	-	-	$313.00K	$143.00K	$620.00K	$120.00K	$98.00K	$850.00K	$165.00K	$124.00K	$57.00K	$137.00K	$88.00K
SAUDI ARABIA	-	-	-	-	-	-	-	$20.00K	$25.00K	$20.00K	$3.00K	$11.00K	$24.00K	$24.00K	$3.00K	$6.00K	$140.00K	$39.00K
SINGAPORE	-	-	-	-	-	-	-	$44.00K	$1.03M	$6.00K	$158.00K	$48.00K	$546.00K	$92.00K	$57.00K	$5.00K	$132.00K	$1.00K
SOUTH AFRICA	-	-	-	-	-	-	-	$2.00K	$67.00K	$1.00K	$4.00K	$12.00K	$3.00K	$1.00K	-	$213.00K	$213.00K	-
SPAIN	-	-	-	-	-	-	-	$1.08M	$330.00K	$1.17M	$1.61M	$689.00K	$1.33M	$1.06M	$1.20M	$1.15M	$1.68M	$1.20M
UNITED ARAB EMIRATES	-	-	-	-	-	-	-	$84.00K	$1.29M	$599.00K	$134.00K	$148.00K	$39.00K	$17.00K	$6.00K	$395.00K	$336.00K	$12.00K
UKRAINE	-	-	-	-	-	-	-	$1.00K	$16.00K	$9.00K	$12.00K	$85.00K	$124.00K	$51.00K	$141.00K	$148.00K	-	-
TURKEY	-	-	-	-	-	-	-	$75.00K	$37.00K	$82.00K	$169.00K	$62.00K	-	$63.00K	$48.00K	$37.00K	$68.00K	$58.00K
THAILAND	-	-	-	-	-	-	-	$1.00K	-	-	$56.00K	$56.00K	-	-	-	-	-	-
ARGENTINA	-	-	-	-	-	-	-	$1.40M	$992.00K	$1.30M	$624.00K	$1.76M	$2.02M	$1.87M	$1.25M	$1.29M	$1.52M	$4.15M
BELGIUM	-	-	-	-	-	-	-	$121.00K	$32.00K	$103.00K	$85.00K	-	$26.00K	$31.00K	$76.00K	$150.00K	-	-
CHINA	-	-	-	-	-	-	-	$3.00K	$244.00K	-	$122.00K	$2.00K	$247.00K	$35.00K	$21.00K	-	-	-
CZECHIA	-	-	-	-	-	-	-	$301.00K	-	-	-	-	-	-	-	-	-	-
DENMARK	-	-	-	-	-	-	-	$28.00K	$9.00K	$45.00K	$77.00K	$26.00K	$7.00K	$62.00K	$16.00K	$244.00K	$25.00K	$220.00K
GERMANY	-	-	-	-	-	-	-	$275.00K	$995.00K	$1.11M	$580.00K	$671.00K	$804.00K	$1.35M	$1.03M	$1.34M	$2.16M	$275.00K
HONG KONG	-	-	-	-	-	-	-	$106.00K	$12.00K	$32.00K	$660.00K	$134.00K	$262.00K	$446.00K	$34.00K	$474.00K	$146.00K	$54.00K
IRELAND	-	-	-	-	-	-	-	$48.00K	$3.00K	$90.00K	$121.00K	$13.00K	$86.00K	$317.00K	$118.00K	$10.00K	$77.00K	$259.00K
ISRAEL	-	-	-	-	-	-	-	$466.00K	$671.00K	$161.00K	$298.00K	$25.00K	$148.00K	$437.00K	$85.00K	$8.00K	$190.00K	$428.00K
MALAYSIA	-	-	-	-	-	-	-	$65.00K	$147.00K	$153.00K	$252.00K	$151.00K	$133.00K	$1.00K	$371.00K	$370.00K	-	-
MEXICO	-	-	-	-	-	-	-	$105.00K	$610.00K	$175.00K	$417.00K	$605.00K	$1.20M	$544.00K	$426.00K	$362.00K	$304.00K	$280.00K
CZECH REPUBLIC	-	-	-	-	-	-	-	-	$249.00K	$254.00K	$409.00K	$504.00K	$180.00K	$333.00K	$907.00K	$443.00K	$496.00K	$506.00K
QATAR	-	-	-	-	-	-	-	-	$56.00K	-	$1.00K	$2.00K	$5.00K	$673.00K	$127.00K	-	-	-
INDONESIA	-	-	-	-	-	-	-	-	$51.00K	$92.00K	$36.00K	$23.00K	$28.00K	-	$361.00K	$95.00K	$78.00K	-
KUWAIT	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.00K	$29.00K	-	$318.00K	$10.00K
AUSTRALIA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.00K	$18.00K	$24.00K	-

Manitex's latest quarterly revenue breakdown by geography, as of Jun 22: Boom Trucks Knuckle Boom Truck Cranes (27.79%), UNITED STATES (26.85%), All Other Countries (9.48%), Aerial Platforms (6.85%), ITALY (5.79%), Other Equipment (5.18%), Part Sales (5.15%), CANADA (4.10%), Rentals (3.76%), CHILE (2.24%), FRANCE (1.96%), and Services (0.85%).

Manitex Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
OSK	Oshkosh	$8.28B	$2.85B
TEX	Terex	$5.15B	$1.21B
HY	Hyster-Yale Materials Handling	$4.12B	$1.02B
REVG	REV Group	$2.64B	$579.40M
MTW	Manitowoc Company	$2.23B	$524.80M
ALG	Alamo Group	$1.69B	$401.30M
ASTE	Astec Industries	$1.34B	$291.40M
LNN	Lindsay	$1.02B	$139.20M
CMCO	Columbus McKinnon	$1.01B	$242.27M
SHYF	Shyft Group	$872.20M	$-390.67M
MNTX	Manitex	$291.39M	$76.23M

MNTX Revenue FAQ

What is Manitex’s yearly revenue?

Manitex's yearly revenue for 2023 was $291.39M, representing an increase of 6.40% compared to 2022. The company's yearly revenue for 2022 was $273.85M, representing an increase of 29.46% compared to 2021. MNTX's yearly revenue for 2021 was $211.54M, representing an increase of 26.29% compared to 2020.

What is Manitex’s quarterly revenue?

Manitex's quarterly revenue for Q2 2024 was $76.24M, a 3.94% increase from the previous quarter (Q1 2024), and a 3.67% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $73.34M, a -6.75% decrease from the previous quarter (Q4 2023), and a 8.06% increase year-over-year (Q1 2023). MNTX's quarterly revenue for Q4 2023 was $78.65M, a 10.26% increase from the previous quarter (Q3 2023), and a -0.21% decrease year-over-year (Q4 2022).

What is Manitex’s revenue growth rate?

Manitex's revenue growth rate for the last 3 years (2021-2023) was 37.75%, and for the last 5 years (2019-2023) was 29.64%.

What are Manitex’s revenue streams?

Manitex's revenue streams in c 21 are Services, Aerial Platforms, Boom Trucks Knuckle Boom And Truck Cranes, Part Sales, Equipment Sales, Rough Terrain Cranes, and Other Equipment. Services generated $5.42M in revenue, accounting 1.38% of the company's total revenue, up 83.86% year-over-year. Aerial Platforms generated $27.18M in revenue, accounting 6.94% of the company's total revenue Boom Trucks Knuckle Boom And Truck Cranes generated $128.77M in revenue, accounting 32.86% of the company's total revenue, up 10.99% year-over-year. Part Sales generated $25.77M in revenue, accounting 6.58% of the company's total revenue, down -2.86% year-over-year. Equipment Sales generated $180.35M in revenue, accounting 46.02% of the company's total revenue, up 30.67% year-over-year. Rough Terrain Cranes generated $839K in revenue, accounting 0.21% of the company's total revenue, down -91.02% year-over-year. Other Equipment generated $23.56M in revenue, accounting 6.01% of the company's total revenue, up 86.10% year-over-year.

What is Manitex’s main source of revenue?

For the fiscal year ending Dec 21, the largest source of revenue of Manitex was Equipment Sales. This segment made a revenue of $180.35M, representing 46.02% of the company's total revenue.