Matterport (MTTR) Revenue & Revenue Breakdown


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Matterport Revenue Highlights


Latest Revenue (Y)

$157.75M

Latest Revenue (Q)

$42.22M

Main Segment (Y)

Subscription and Circulation

Main Geography (Y)

UNITED STATES

Matterport Revenue by Period


Matterport Revenue by Year

DateRevenueChange
2023-12-31$157.75M15.88%
2022-12-31$136.13M22.44%
2021-12-31$111.17M29.45%
2020-12-31$85.88M86.67%
2019-12-31$46.01M-

Matterport generated $157.75M in revenue during NA 2023, up 15.88% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Matterport Revenue by Quarter

DateRevenueChange
2024-06-30$42.22M5.88%
2024-03-31$39.87M0.83%
2023-12-31$39.55M-2.70%
2023-09-30$40.64M2.72%
2023-06-30$39.57M4.14%
2023-03-31$37.99M-7.65%
2022-12-31$41.14M8.29%
2022-09-30$37.99M33.40%
2022-06-30$28.48M-0.10%
2022-03-31$28.51M5.25%
2021-12-31$27.09M-2.05%
2021-09-30$27.66M-6.26%
2021-06-30$29.50M9.56%
2021-03-31$26.93M14.17%
2020-12-31$23.59M-5.93%
2020-09-30$25.07M3.26%
2020-06-30$24.28M87.66%
2020-03-31$12.94M-

Matterport generated $42.22M in revenue during Q2 2024, up 5.88% compared to the previous quarter, and up 111.11% compared to the same period a year ago.

Matterport Revenue Breakdown


Matterport Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Service$37.62M$27.27M$12.59M
License$110.00K$97.00K$4.76M
Subscription and Circulation$87.24M$73.79M$61.27M
Product$32.78M$34.97M$32.55M

Matterport's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription and Circulation (55.30%), Service (23.85%), Product (20.78%), and License (0.07%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Product$6.75M$7.55M$7.83M$7.99M$9.42M$13.57M$8.98M$5.06M$7.37M$6.55M$8.57M
Subscription and Circulation$24.02M$23.67M$22.85M$20.87M$19.85M$19.28M$18.98M$18.39M$17.14M$16.52M$15.68M
Service$9.10M$8.30M$9.94M$10.68M$8.70M$8.27M$10.02M$5.01M$3.97M$3.73M$3.29M
License-$28.00K$28.00K$27.00K$27.00K$27.00K$21.00K$26.00K$23.00K$284.00K$118.00K

Matterport's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Subscription and Circulation (60.23%), Service (22.83%), and Product (16.94%).

Matterport Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Non-US$57.58M$54.28M$43.63M
UNITED STATES$100.16M$81.84M$67.54M

Matterport's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (63.50%), and Non-US (36.50%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Non-US$13.97M$15.51M$13.97M$14.33M$13.77M$17.49M$12.68M$11.84M$12.27M$11.06M$11.27M
UNITED STATES$25.90M$24.03M$26.67M$25.24M$24.23M$23.66M$25.31M$16.64M$16.24M$16.03M$16.38M

Matterport's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (64.96%), and Non-US (35.04%).

Matterport Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
NOWServiceNow$8.97B$2.63B
SHOPShopify$7.06B$1.86B
COMPCompass$4.88B$1.70B
ZMZoom Video Communications$4.53B$1.16B
TEAMAtlassian$4.36B$1.19B
SNOWSnowflake$2.81B$868.82M
DOCUDocuSign$2.76B$736.03M
UUnity Software$2.19B$449.26M
DDOGDatadog$2.13B$645.28M
TTDTrade Desk$1.95B$584.55M
PAYCPaycom Software$1.69B$437.51M
MNDYmonday$729.70M$216.91M
GTLBGitLab$579.91M$182.58M
APPSDigital Turbine$544.48M$117.99M
AIC3.ai$310.58M$87.21M
MTTRMatterport$157.75M$42.22M

MTTR Revenue FAQ


Matterport's yearly revenue for 2023 was $157.75M, representing an increase of 15.88% compared to 2022. The company's yearly revenue for 2022 was $136.12M, representing an increase of 22.44% compared to 2021. MTTR's yearly revenue for 2021 was $111.17M, representing an increase of 29.45% compared to 2020.

Matterport's quarterly revenue for Q2 2024 was $42.22M, a 5.88% increase from the previous quarter (Q1 2024), and a 6.69% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $39.87M, a 0.83% increase from the previous quarter (Q4 2023), and a 4.94% increase year-over-year (Q1 2023). MTTR's quarterly revenue for Q4 2023 was $39.54M, a -2.70% decrease from the previous quarter (Q3 2023), and a -3.88% decrease year-over-year (Q4 2022).

Matterport's revenue growth rate for the last 3 years (2021-2023) was 41.89%, and for the last 5 years (2019-2023) was 242.86%.

Matterport's revenue streams in c 23 are Service, License, Subscription and Circulation, and Product. Service generated $37.62M in revenue, accounting 23.85% of the company's total revenue, up 37.97% year-over-year. License generated $110K in revenue, accounting 0.07% of the company's total revenue, up 13.40% year-over-year. Subscription and Circulation generated $87.24M in revenue, accounting 55.30% of the company's total revenue, up 18.23% year-over-year. Product generated $32.78M in revenue, accounting 20.78% of the company's total revenue, down -6.27% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Matterport was Subscription and Circulation. This segment made a revenue of $87.24M, representing 55.30% of the company's total revenue.