Nortech Systems (NSYS) Revenue & Revenue Breakdown
Nortech Systems Revenue Highlights
Latest Revenue (Y)
$139.33M
Latest Revenue (Q)
$33.89M
Nortech Systems Revenue by Period
Nortech Systems Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $139.33M | 3.88% |
| 2022-12-31 | $134.12M | 16.46% |
| 2021-12-31 | $115.17M | 10.63% |
| 2020-12-31 | $104.11M | -10.51% |
| 2019-12-31 | $116.33M | 2.61% |
| 2018-12-31 | $113.37M | 0.92% |
| 2017-12-31 | $112.33M | -3.68% |
| 2016-12-31 | $116.62M | 1.24% |
| 2015-12-31 | $115.19M | 2.81% |
| 2014-12-31 | $112.04M | 0.89% |
| 2013-12-31 | $111.06M | 3.85% |
| 2012-12-31 | $106.94M | -6.39% |
| 2011-12-31 | $114.24M | 14.44% |
| 2010-12-31 | $99.82M | 24.87% |
| 2009-12-31 | $79.94M | -34.40% |
| 2008-12-31 | $121.85M | 3.18% |
| 2007-12-31 | $118.10M | 12.32% |
| 2006-12-31 | $105.15M | 24.85% |
| 2005-12-31 | $84.22M | 15.88% |
| 2004-12-31 | $72.67M | 25.39% |
| 2003-12-31 | $57.96M | -4.45% |
| 2002-12-31 | $60.66M | 3.75% |
| 2001-12-31 | $58.46M | 6.77% |
| 2000-12-31 | $54.75M | 42.28% |
| 1999-12-31 | $38.48M | -4.75% |
| 1998-12-31 | $40.40M | 10.99% |
| 1997-12-31 | $36.40M | 38.93% |
| 1996-12-31 | $26.20M | 43.17% |
| 1995-12-31 | $18.30M | 42.97% |
| 1994-12-31 | $12.80M | 9.40% |
| 1993-12-31 | $11.70M | - |
Nortech Systems generated $139.33M in revenue during NA 2023, up 3.88% compared to the previous quarter, and up 122.90% compared to the same period a year ago.
Nortech Systems Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $33.89M | -0.95% |
| 2024-03-31 | $34.22M | -5.10% |
| 2023-12-31 | $36.05M | 8.05% |
| 2023-09-30 | $33.37M | -4.72% |
| 2023-06-30 | $35.02M | 0.38% |
| 2023-03-31 | $34.89M | -2.05% |
| 2022-12-31 | $35.62M | 0.97% |
| 2022-09-30 | $35.28M | 8.48% |
| 2022-06-30 | $32.52M | 5.88% |
| 2022-03-31 | $30.71M | -8.22% |
| 2021-12-31 | $33.46M | 13.62% |
| 2021-09-30 | $29.45M | -2.42% |
| 2021-06-30 | $30.18M | 36.74% |
| 2021-03-31 | $22.07M | -7.43% |
| 2020-12-31 | $23.84M | -9.56% |
| 2020-09-30 | $26.36M | -0.37% |
| 2020-06-30 | $26.46M | -3.57% |
| 2020-03-31 | $27.44M | -10.97% |
| 2019-12-31 | $30.82M | 2.54% |
| 2019-09-30 | $30.06M | 10.13% |
| 2019-06-30 | $27.29M | -3.10% |
| 2019-03-31 | $28.16M | -2.30% |
| 2018-12-31 | $28.83M | -2.47% |
| 2018-09-30 | $29.56M | 3.57% |
| 2018-06-30 | $28.54M | 7.91% |
| 2018-03-31 | $26.45M | 3.42% |
| 2017-12-31 | $25.57M | -9.67% |
| 2017-09-30 | $28.31M | -6.05% |
| 2017-06-30 | $30.13M | 6.41% |
| 2017-03-31 | $28.32M | -2.38% |
| 2016-12-31 | $29.01M | -2.39% |
| 2016-09-30 | $29.72M | 2.67% |
| 2016-06-30 | $28.95M | -0.02% |
| 2016-03-31 | $28.95M | -7.92% |
| 2015-12-31 | $31.44M | 3.40% |
| 2015-09-30 | $30.41M | 13.46% |
| 2015-06-30 | $26.80M | 0.99% |
| 2015-03-31 | $26.54M | -12.83% |
| 2014-12-31 | $30.45M | 8.59% |
| 2014-09-30 | $28.04M | 2.30% |
| 2014-06-30 | $27.41M | 4.82% |
| 2014-03-31 | $26.15M | -10.73% |
| 2013-12-31 | $29.29M | 6.95% |
| 2013-09-30 | $27.39M | -3.73% |
| 2013-06-30 | $28.45M | 9.74% |
| 2013-03-31 | $25.93M | 3.61% |
| 2012-12-31 | $25.02M | -1.95% |
| 2012-09-30 | $25.52M | -8.96% |
| 2012-06-30 | $28.03M | -1.16% |
| 2012-03-31 | $28.36M | -2.62% |
| 2011-12-31 | $29.12M | 2.84% |
| 2011-09-30 | $28.32M | 1.88% |
| 2011-06-30 | $27.80M | -4.14% |
| 2011-03-31 | $29.00M | 5.73% |
| 2010-12-31 | $27.43M | 5.66% |
| 2010-09-30 | $25.96M | 5.11% |
| 2010-06-30 | $24.69M | 13.58% |
| 2010-03-31 | $21.74M | 9.54% |
| 2009-12-31 | $19.85M | 6.42% |
| 2009-09-30 | $18.65M | -6.24% |
| 2009-06-30 | $19.89M | -7.70% |
| 2009-03-31 | $21.55M | -20.10% |
| 2008-12-31 | $26.97M | -14.80% |
| 2008-09-30 | $31.66M | -1.05% |
| 2008-06-30 | $31.99M | 2.45% |
| 2008-03-31 | $31.23M | 6.47% |
| 2007-12-31 | $29.33M | - |
Nortech Systems generated $33.89M in revenue during Q2 2024, up -0.95% compared to the previous quarter, and up 97.14% compared to the same period a year ago.
Nortech Systems Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AORT | Artivion | $354.00M | $98.02M |
| FNA | Paragon 28 | $216.39M | $61.02M |
| KIDS | OrthoPediatrics | $148.73M | $52.80M |
| NSYS | Nortech Systems | $139.33M | $33.89M |
| SRDX | Surmodics | $132.58M | $30.34M |
| NPCE | NeuroPace | $65.42M | $18.12M |
| IRIX | IRIDEX | $51.87M | $12.63M |
| CVRX | CVRx | $39.30M | $11.81M |
| SSKN | STRATA Skin Sciences | $33.36M | $8.44M |
| INVO | INVO Bioscience | $3.02M | $1.58M |
| TNON | Tenon Medical | $2.93M | $719.00K |
| PETV | PetVivo | $968.71K | $48.27K |
| TLIS | Talis Biomedical | $412.00K | - |
| MOTS | Motus GI | $319.00K | $64.00K |
| NXL | Nexalin | $110.75K | $26.84K |
| OFIX | Orthofix Medical | $100.00K | $198.62M |
| BJDX | Bluejay Diagnostics | - | - |
| NVNO | enVVeno Medical | - | - |
NSYS Revenue FAQ
What is Nortech Systems’s yearly revenue?
Nortech Systems's yearly revenue for 2023 was $139.33M, representing an increase of 3.88% compared to 2022. The company's yearly revenue for 2022 was $134.12M, representing an increase of 16.46% compared to 2021. NSYS's yearly revenue for 2021 was $115.17M, representing an increase of 10.63% compared to 2020.
What is Nortech Systems’s quarterly revenue?
Nortech Systems's quarterly revenue for Q2 2024 was $33.89M, a -0.95% decrease from the previous quarter (Q1 2024), and a -3.23% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $34.22M, a -5.10% decrease from the previous quarter (Q4 2023), and a -1.93% decrease year-over-year (Q1 2023). NSYS's quarterly revenue for Q4 2023 was $36.05M, a 8.05% increase from the previous quarter (Q3 2023), and a 1.23% increase year-over-year (Q4 2022).
What is Nortech Systems’s revenue growth rate?
Nortech Systems's revenue growth rate for the last 3 years (2021-2023) was 20.98%, and for the last 5 years (2019-2023) was 19.77%.