Performant Financial (PFMT) Revenue & Revenue Breakdown
Performant Financial Revenue Highlights
Latest Revenue (Y)
$113.74M
Latest Revenue (Q)
$27.33M
Main Segment (Y)
Health Care
Performant Financial Revenue by Period
Performant Financial Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $113.74M | 4.18% |
| 2022-12-31 | $109.18M | -12.23% |
| 2021-12-31 | $124.39M | -20.23% |
| 2020-12-31 | $155.94M | 3.66% |
| 2019-12-31 | $150.43M | -3.36% |
| 2018-12-31 | $155.67M | 17.89% |
| 2017-12-31 | $132.05M | -6.59% |
| 2016-12-31 | $141.36M | -11.31% |
| 2015-12-31 | $159.38M | -18.42% |
| 2014-12-31 | $195.38M | -23.47% |
| 2013-12-31 | $255.30M | 21.53% |
| 2012-12-31 | $210.07M | 28.90% |
| 2011-12-31 | $162.97M | 31.94% |
| 2010-12-31 | $123.52M | - |
Performant Financial generated $113.74M in revenue during NA 2023, up 4.18% compared to the previous quarter, and up 73.07% compared to the same period a year ago.
Performant Financial Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $27.33M | -16.07% |
| 2023-12-31 | $32.57M | 8.69% |
| 2023-09-30 | $29.96M | 17.57% |
| 2023-06-30 | $25.48M | -0.95% |
| 2023-03-31 | $25.73M | -12.01% |
| 2022-12-31 | $29.24M | 7.59% |
| 2022-09-30 | $27.18M | 5.83% |
| 2022-06-30 | $25.68M | -5.18% |
| 2022-03-31 | $27.08M | -14.24% |
| 2021-12-31 | $31.58M | 10.49% |
| 2021-09-30 | $28.58M | -12.97% |
| 2021-06-30 | $32.84M | 4.63% |
| 2021-03-31 | $31.39M | -21.60% |
| 2020-12-31 | $40.04M | 10.51% |
| 2020-09-30 | $36.23M | 7.23% |
| 2020-06-30 | $33.78M | -26.38% |
| 2020-03-31 | $45.89M | 4.71% |
| 2019-12-31 | $43.82M | 22.06% |
| 2019-09-30 | $35.90M | 0.20% |
| 2019-06-30 | $35.83M | 2.74% |
| 2019-03-31 | $34.88M | -12.22% |
| 2018-12-31 | $39.73M | 44.05% |
| 2018-09-30 | $27.58M | -11.98% |
| 2018-06-30 | $31.34M | -45.04% |
| 2018-03-31 | $57.02M | 71.29% |
| 2017-12-31 | $33.29M | 11.92% |
| 2017-09-30 | $29.74M | -17.16% |
| 2017-06-30 | $35.91M | 8.45% |
| 2017-03-31 | $33.11M | -2.08% |
| 2016-12-31 | $33.81M | 8.39% |
| 2016-09-30 | $31.20M | -18.07% |
| 2016-06-30 | $38.07M | -0.54% |
| 2016-03-31 | $38.28M | -6.76% |
| 2015-12-31 | $41.05M | 6.62% |
| 2015-09-30 | $38.51M | -6.68% |
| 2015-06-30 | $41.26M | 7.01% |
| 2015-03-31 | $38.56M | -2.86% |
| 2014-12-31 | $39.70M | 0.14% |
| 2014-09-30 | $39.64M | -30.96% |
| 2014-06-30 | $57.42M | -2.06% |
| 2014-03-31 | $58.62M | -2.25% |
| 2013-12-31 | $59.98M | -21.91% |
| 2013-09-30 | $76.81M | 11.07% |
| 2013-06-30 | $69.16M | 40.09% |
| 2013-03-31 | $49.36M | -11.81% |
| 2012-12-31 | $55.97M | 4.82% |
| 2012-09-30 | $53.40M | -2.59% |
| 2012-06-30 | $54.82M | 19.49% |
| 2012-03-31 | $45.88M | 7.59% |
| 2011-12-31 | $42.64M | 1.50% |
| 2011-09-30 | $42.01M | -2.86% |
| 2011-06-30 | $43.24M | 23.27% |
| 2011-03-31 | $35.08M | - |
Performant Financial generated $27.33M in revenue during Q1 2024, up -16.07% compared to the previous quarter, and up 93.48% compared to the same period a year ago.
Performant Financial Revenue Breakdown
Performant Financial Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Health Care | $106.44M | $94.67M | $77.45M | $68.55M | $43.33M |
| Eligibility-based | $61.18M | $53.28M | $48.28M | - | - |
| Customer Care And Outsourced Services | $7.27M | $14.28M | $13.53M | $13.99M | $17.48M |
| Claims-based | $45.27M | $41.38M | $29.18M | - | - |
| Recovery | $33.00K | $241.00K | $33.41M | $73.40M | $89.63M |
Performant Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Health Care (48.34%), Eligibility-based (27.79%), Claims-based (20.56%), Customer Care And Outsourced Services (3.30%), and Recovery (0.01%).
Quarterly Revenue by Product
| Product/Service | 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Customer Care And Outsourced Services | $1.53M | $1.43M | $1.47M | $1.54M | $2.82M | $3.14M | $3.62M | $3.92M | $3.60M | $3.69M | $3.08M | $3.15M | $3.61M | $3.65M | $3.22M | $3.02M | $4.10M | $4.33M | $4.21M | $4.46M |
| Recovery | - | - | - | $14.00K | $19.00K | $75.00K | $41.00K | $7.00K | $118.00K | $2.33M | $5.49M | $11.09M | $14.49M | $17.52M | $15.44M | $16.17M | $24.27M | $25.21M | $20.94M | $22.11M |
| Health Care | $25.80M | $31.13M | $28.49M | $23.93M | $22.89M | $26.03M | $23.52M | $21.76M | $23.36M | $25.56M | $20.01M | $18.60M | $13.29M | $18.87M | $17.57M | $14.59M | $17.52M | $14.29M | $10.76M | $9.26M |
| Eligibility-based | $13.39M | $16.40M | $18.16M | $14.13M | $12.48M | $13.51M | $13.14M | $12.42M | $14.21M | $16.06M | $12.73M | $11.58M | - | - | - | - | - | - | - | - |
| Claims-based | $12.41M | $14.73M | $10.32M | $9.80M | $10.41M | $12.52M | $10.38M | $9.34M | $9.15M | $9.50M | $7.28M | $7.03M | - | - | - | - | - | - | - | - |
Performant Financial's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Health Care (48.56%), Eligibility-based (25.20%), Claims-based (23.36%), and Customer Care And Outsourced Services (2.89%).
Performant Financial Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| MMS | Maximus | $4.90B | $1.35B |
| BV | BrightView | $2.82B | $738.80M |
| CBZ | CBIZ | $1.59B | $53.64M |
| FA | First Advantage | $763.76M | $184.55M |
| CVEO | Civeo | $699.01M | $188.71M |
| PFSW | PFSweb | $295.12M | $67.92M |
| CASS | Cass Information Systems | $196.96M | $48.99M |
| PFMT | Performant Financial | $113.74M | $27.33M |
| WHLM | Wilhelmina | $17.21M | $4.17M |
PFMT Revenue FAQ
What is Performant Financial’s yearly revenue?
Performant Financial's yearly revenue for 2023 was $113.74M, representing an increase of 4.18% compared to 2022. The company's yearly revenue for 2022 was $109.18M, representing a decrease of -12.23% compared to 2021. PFMT's yearly revenue for 2021 was $124.39M, representing a decrease of -20.23% compared to 2020.
What is Performant Financial’s quarterly revenue?
Performant Financial's quarterly revenue for Q1 2024 was $27.33M, a -16.07% decrease from the previous quarter (Q4 2023), and a 6.24% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $32.57M, a 8.69% increase from the previous quarter (Q3 2023), and a 11.37% increase year-over-year (Q4 2022). PFMT's quarterly revenue for Q3 2023 was $29.96M, a 17.57% increase from the previous quarter (Q2 2023), and a 10.24% increase year-over-year (Q3 2022).
What is Performant Financial’s revenue growth rate?
Performant Financial's revenue growth rate for the last 3 years (2021-2023) was -8.56%, and for the last 5 years (2019-2023) was -24.39%.
What are Performant Financial’s revenue streams?
Performant Financial's revenue streams in c 23 are Health Care, Eligibility-based, Customer Care And Outsourced Services, Claims-based, and Recovery. Health Care generated $106.44M in revenue, accounting 48.34% of the company's total revenue, up 12.44% year-over-year. Eligibility-based generated $61.18M in revenue, accounting 27.79% of the company's total revenue, up 14.82% year-over-year. Customer Care And Outsourced Services generated $7.27M in revenue, accounting 3.30% of the company's total revenue, down -49.11% year-over-year. Claims-based generated $45.26M in revenue, accounting 20.56% of the company's total revenue, up 9.38% year-over-year. Recovery generated $33K in revenue, accounting 0.01% of the company's total revenue, down -86.31% year-over-year.
What is Performant Financial’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Performant Financial was Health Care. This segment made a revenue of $106.44M, representing 48.34% of the company's total revenue.