Olo (OLO) Revenue & Revenue Breakdown
Olo Revenue Highlights
Latest Revenue (Y)
$228.29M
Latest Revenue (Q)
$70.50M
Main Segment (Y)
Platform
Olo Revenue by Period
Olo Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $228.29M | 23.13% |
| 2022-12-31 | $185.40M | 24.13% |
| 2021-12-31 | $149.37M | 51.76% |
| 2020-12-31 | $98.42M | 94.16% |
| 2019-12-31 | $50.69M | 59.41% |
| 2018-12-31 | $31.80M | - |
Olo generated $228.29M in revenue during NA 2023, up 23.13% compared to the previous quarter, and up 717.91% compared to the same period a year ago.
Olo Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $70.50M | 6.00% |
| 2024-03-31 | $66.51M | 5.57% |
| 2023-12-31 | $63.00M | 9.01% |
| 2023-09-30 | $57.79M | 4.60% |
| 2023-06-30 | $55.25M | 5.76% |
| 2023-03-31 | $52.24M | 4.94% |
| 2022-12-31 | $49.78M | 5.32% |
| 2022-09-30 | $47.27M | 3.65% |
| 2022-06-30 | $45.60M | 6.65% |
| 2022-03-31 | $42.76M | 7.00% |
| 2021-12-31 | $39.96M | 6.87% |
| 2021-09-30 | $37.39M | 4.16% |
| 2021-06-30 | $35.90M | -0.63% |
| 2021-03-31 | $36.12M | 18.25% |
| 2020-12-31 | $30.55M | 11.06% |
| 2020-09-30 | $27.50M | 13.16% |
| 2020-06-30 | $24.30M | 51.26% |
| 2020-03-31 | $16.07M | - |
Olo generated $70.50M in revenue during Q2 2024, up 6.00% compared to the previous quarter, and up 134.96% compared to the same period a year ago.
Olo Revenue Breakdown
Olo Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Platform | $225.18M | $51.80M | $25.57M |
| Professional Services And Other | $4.13M | $5.71M | $5.26M |
Olo's latest annual revenue breakdown by segment (product or service), as of Dec 23: Platform (98.20%), and Professional Services And Other (1.80%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Professional Services And Other | $904.00K | $975.00K | $908.00K | $1.03M | $1.06M | $1.14M | $1.17M | $1.35M | $1.42M | $1.78M | $1.30M | $1.53M | $1.18M | $1.24M |
| Platform | $69.60M | $65.77M | $130.58M | $57.26M | $19.72M | $17.61M | $14.10M | $13.92M | $12.75M | $11.02M | $7.15M | $6.63M | $6.18M | $5.61M |
Olo's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Platform (98.72%), and Professional Services And Other (1.28%).
Olo Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PRO | PROS | $303.71M | $82.70M |
| MLNK | MeridianLink | $303.62M | $78.68M |
| RSKD | Riskified | $297.61M | $76.41M |
| OLO | Olo | $228.29M | $70.50M |
| SMWB | Similarweb | $218.02M | $58.98M |
| VTEX | VTEX | $201.52M | $52.65M |
| ENFN | Enfusion | $174.53M | $49.45M |
| ONTF | ON24 | $163.71M | $37.35M |
| EXFY | Expensify | $150.69M | $33.29M |
| LAW | CS Disco | $138.09M | $36.01M |
| CCRD | CoreCard | $56.00M | $15.70M |
OLO Revenue FAQ
What is Olo’s yearly revenue?
Olo's yearly revenue for 2023 was $228.29M, representing an increase of 23.13% compared to 2022. The company's yearly revenue for 2022 was $185.4M, representing an increase of 24.13% compared to 2021. OLO's yearly revenue for 2021 was $149.37M, representing an increase of 51.76% compared to 2020.
What is Olo’s quarterly revenue?
Olo's quarterly revenue for Q2 2024 was $70.5M, a 6.00% increase from the previous quarter (Q1 2024), and a 27.61% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $66.51M, a 5.57% increase from the previous quarter (Q4 2023), and a 27.32% increase year-over-year (Q1 2023). OLO's quarterly revenue for Q4 2023 was $63M, a 9.01% increase from the previous quarter (Q3 2023), and a 26.56% increase year-over-year (Q4 2022).
What is Olo’s revenue growth rate?
Olo's revenue growth rate for the last 3 years (2021-2023) was 52.84%, and for the last 5 years (2019-2023) was 350.35%.
What are Olo’s revenue streams?
Olo's revenue streams in c 23 are Platform, and Professional Services And Other. Platform generated $225.18M in revenue, accounting 98.20% of the company's total revenue, up 334.74% year-over-year. Professional Services And Other generated $4.13M in revenue, accounting 1.80% of the company's total revenue, down -27.77% year-over-year.
What is Olo’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Olo was Platform. This segment made a revenue of $225.18M, representing 98.20% of the company's total revenue.