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Olo (OLO) Revenue & Revenue Breakdown

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Olo Revenue Highlights

Latest Revenue (Y)

$228.29M

Latest Revenue (Q)

$71.85M

Main Segment (Y)

Platform

Olo Revenue by Period

Olo Revenue by Year

DateRevenueChange
2023-12-31$228.29M23.13%
2022-12-31$185.40M24.13%
2021-12-31$149.37M51.76%
2020-12-31$98.42M94.16%
2019-12-31$50.69M59.41%
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

DateRevenueChange
2024-09-30$71.85M1.91%
2024-06-30$70.50M6.00%
2024-03-31$66.51M5.57%
2023-12-31$63.00M9.01%
2023-09-30$57.79M4.60%
2023-06-30$55.25M5.76%
2023-03-31$52.24M4.94%
2022-12-31$49.78M5.32%
2022-09-30$47.27M3.65%
2022-06-30$45.60M6.65%
2022-03-31$42.76M7.00%
2021-12-31$39.96M6.87%
2021-09-30$37.39M4.16%
2021-06-30$35.90M-0.63%
2021-03-31$36.12M18.25%
2020-12-31$30.55M11.06%
2020-09-30$27.50M13.16%
2020-06-30$24.30M51.26%
2020-03-31$16.07M-

Olo generated $71.85M in revenue during Q3 2024, up 1.91% compared to the previous quarter, and up 130.05% compared to the same period a year ago.

Olo Revenue Breakdown

Olo Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Professional Services And Other$854.00K$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$71.00M$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 Sep 24: Platform (98.81%), and Professional Services And Other (1.19%).

Olo Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PROPROS$303.71M$82.70M
MLNKMeridianLink$303.62M$80.37M
RSKDRiskified$297.61M$76.41M
OLOOlo$228.29M$71.85M
SMWBSimilarweb$218.02M$58.98M
VTEXVTEX$201.52M$52.65M
ENFNEnfusion$174.53M$51.17M
ONTFON24$163.71M$37.35M
EXFYExpensify$150.69M$35.41M
LAWCS Disco$138.09M$36.27M
CCRDCoreCard$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 Q3 2024 was $71.85M, a 1.91% increase from the previous quarter (Q2 2024), and a 24.33% increase year-over-year (Q3 2023). The company'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). OLO'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).

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.