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OpGen (OPGN) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChart

OpGen Revenue Highlights

Latest Revenue (Y)

$3.42M

0

Main Segment (Y)

Product

Main Geography (Y)

International

OpGen Revenue by Period

OpGen Revenue by Year

DateRevenueChange
2023-12-31$3.42M31.11%
2022-12-31$2.61M-39.45%
2021-12-31$4.31M2.17%
2020-12-31$4.21M20.46%
2019-12-31$3.50M18.75%
2018-12-31$2.95M-8.24%
2017-12-31$3.21M-20.24%
2016-12-31$4.03M27.49%
2015-12-31$3.16M-23.47%
2014-12-31$4.13M71.18%
2013-12-31$2.41M-58.45%
2012-12-31$5.80M-

OpGen generated $3.42M in revenue during NA 2023, up 31.11% compared to the previous quarter, and up 116.02% compared to the same period a year ago.

OpGen Revenue by Quarter

DateRevenueChange
2024-09-30--100.00%
2024-06-30$28.00K-83.35%
2024-03-31$168.15K-84.28%
2023-12-31$1.07M53.03%
2023-09-30$699.02K-5.04%
2023-06-30$736.14K-19.41%
2023-03-31$913.44K26.58%
2022-12-31$721.63K60.82%
2022-09-30$448.71K-53.61%
2022-06-30$967.21K105.90%
2022-03-31$469.75K-67.05%
2021-12-31$1.43M15.05%
2021-09-30$1.24M52.67%
2021-06-30$811.62K-2.18%
2021-03-31$829.72K-38.65%
2020-12-31$1.35M27.97%
2020-09-30$1.06M-11.08%
2020-06-30$1.19M92.63%
2020-03-31$616.93K-24.83%
2019-12-31$820.67K26.60%
2019-09-30$648.22K-35.79%
2019-06-30$1.01M-1.04%
2019-03-31$1.02M34.42%
2018-12-31$758.96K37.44%
2018-09-30$552.22K-30.00%
2018-06-30$788.90K-6.77%
2018-03-31$846.23K-14.60%
2017-12-31$990.91K32.99%
2017-09-30$745.11K5.96%
2017-06-30$703.21K-8.88%
2017-03-31$771.77K-23.33%
2016-12-31$1.01M32.50%
2016-09-30$759.66K-35.78%
2016-06-30$1.18M9.86%
2016-03-31$1.08M-19.02%
2015-12-31$1.33M35.56%
2015-09-30$980.79K161.44%
2015-06-30$375.15K-20.55%
2015-03-31$472.20K-57.92%
2014-12-31$1.12M34.42%
2014-09-30$834.82K-22.14%
2014-06-30$1.07M-2.28%
2014-03-31$1.10M-

OpGen generated - in revenue during Q3 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

OpGen Revenue Breakdown

OpGen Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Service$153.72K$172.63K---
Collaborations Revenue$864.55K$836.15K$1.34M$1.32M-
Product$2.40M$1.89M$2.17M--
Laboratory Service Revenue----$5.43K

OpGen's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (70.21%), Collaborations Revenue (25.29%), and Service (4.50%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Dec 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18
Product$28.00K$141.37K$1.55M$439.67K$410.90K$279.43K$359.11K$570.67K$573.03K$504.29K$520.18K$589.75K$539.86K$632.52K-----
Service-$26.78K$88.04K$44.00K$21.67K$78.12K$31.02K------------
Collaborations Revenue-------$78.56K$188.94K$342.31K$561.09K$250.00K$250.00K$75.00K$500.00K$500.00K$156.70K-$155.28K
Laboratory Service Revenue-------------$185.00$5.25K-$12.51K$12.37K$1.10K

OpGen's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product (100.00%).

OpGen Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23
International$2.74M
Domestic$678.09K

OpGen's latest annual revenue breakdown by geography, as of Dec 23: International (80.16%), and Domestic (19.84%).

Quarterly Revenue by Country

CountryJun 24Mar 24
Domestic$28.00K$168.15K

OpGen's latest quarterly revenue breakdown by geography, as of Jun 24: Domestic (100.00%).

OpGen Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
SGHTSight Sciences$81.06M$20.16M
NPCENeuroPace$65.42M$21.06M
SSKNSTRATA Skin Sciences$33.36M$8.44M
HSCSHeart Test Laboratories$18.60M-
VVOSVivos Therapeutics$13.80M$3.86M
NUWENuwellis$8.86M$2.37M
RSLSReShape Lifesciences$8.68M$2.29M
NURONeuroMetrix$5.90M$587.31K
NAOVNanoVibronix$2.28M$376.00K
TIVCTivic Health Systems$1.18M$126.00K
IINNInspira Technologies Oxy B.H.N.--
BJDXBluejay Diagnostics--
NVNOenVVeno Medical--
MOVEMovano-$50.00K
BBLGBone Biologics--

OPGN Revenue FAQ

What is OpGen’s yearly revenue?

OpGen's yearly revenue for 2023 was $3.42M, representing an increase of 31.11% compared to 2022. The company's yearly revenue for 2022 was $2.61M, representing a decrease of -39.45% compared to 2021. OPGN's yearly revenue for 2021 was $4.31M, representing an increase of 2.17% compared to 2020.

What is OpGen’s quarterly revenue?

OpGen's quarterly revenue for Q3 2024 was $0, a -100.00% decrease from the previous quarter (Q2 2024), and a -100.00% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $28K, a -83.35% decrease from the previous quarter (Q1 2024), and a -96.20% decrease year-over-year (Q2 2023). OPGN's quarterly revenue for Q1 2024 was $168.15K, a -84.28% decrease from the previous quarter (Q4 2023), and a -81.59% decrease year-over-year (Q1 2023).

What is OpGen’s revenue growth rate?

OpGen's revenue growth rate for the last 3 years (2021-2023) was -20.62%, and for the last 5 years (2019-2023) was -2.30%.

What are OpGen’s revenue streams?

OpGen's revenue streams in c 23 are Service, Collaborations Revenue, and Product. Service generated $153.72K in revenue, accounting 4.50% of the company's total revenue, down -10.96% year-over-year. Collaborations Revenue generated $864.55K in revenue, accounting 25.29% of the company's total revenue, up 3.40% year-over-year. Product generated $2.4M in revenue, accounting 70.21% of the company's total revenue, up 26.73% year-over-year.

What is OpGen’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of OpGen was Product. This segment made a revenue of $2.4M, representing 70.21% of the company's total revenue.