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Performant Financial (PFMT) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Performant Financial Revenue Highlights

Latest Revenue (Y)

$113.74M

Latest Revenue (Q)

$31.52M

Main Segment (Y)

Health Care

Performant Financial Revenue by Period

Performant Financial Revenue by Year

DateRevenueChange
2023-12-31$113.74M4.18%
2022-12-31$109.18M-12.23%
2021-12-31$124.39M-20.23%
2020-12-31$155.94M3.66%
2019-12-31$150.43M-3.36%
2018-12-31$155.67M17.89%
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$255.30M21.53%
2012-12-31$210.07M28.90%
2011-12-31$162.97M31.94%
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

DateRevenueChange
2024-09-30$31.52M7.35%
2024-06-30$29.36M7.42%
2024-03-31$27.33M-16.07%
2023-12-31$32.57M8.69%
2023-09-30$29.96M17.57%
2023-06-30$25.48M-0.95%
2023-03-31$25.73M-12.01%
2022-12-31$29.24M7.59%
2022-09-30$27.18M5.83%
2022-06-30$25.68M-5.18%
2022-03-31$27.08M-14.24%
2021-12-31$31.58M10.49%
2021-09-30$28.58M-12.97%
2021-06-30$32.84M4.63%
2021-03-31$31.39M-21.60%
2020-12-31$40.04M10.51%
2020-09-30$36.23M7.23%
2020-06-30$33.78M-26.38%
2020-03-31$45.89M4.71%
2019-12-31$43.82M22.06%
2019-09-30$35.90M0.20%
2019-06-30$35.83M2.74%
2019-03-31$34.88M-12.22%
2018-12-31$39.73M44.05%
2018-09-30$27.58M-11.98%
2018-06-30$31.34M-45.04%
2018-03-31$57.02M71.29%
2017-12-31$33.29M11.92%
2017-09-30$29.74M-17.16%
2017-06-30$35.91M8.45%
2017-03-31$33.11M-2.08%
2016-12-31$33.81M8.39%
2016-09-30$31.20M-18.07%
2016-06-30$38.07M-0.54%
2016-03-31$38.28M-6.76%
2015-12-31$41.05M6.62%
2015-09-30$38.51M-6.68%
2015-06-30$41.26M7.01%
2015-03-31$38.56M-2.86%
2014-12-31$39.70M0.14%
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$76.81M11.07%
2013-06-30$69.16M40.09%
2013-03-31$49.36M-11.81%
2012-12-31$55.97M4.82%
2012-09-30$53.40M-2.59%
2012-06-30$54.82M19.49%
2012-03-31$45.88M7.59%
2011-12-31$42.64M1.50%
2011-09-30$42.01M-2.86%
2011-06-30$43.24M23.27%
2011-03-31$35.08M-

Performant Financial generated $31.52M in revenue during Q3 2024, up 7.35% compared to the previous quarter, and up 123.68% compared to the same period a year ago.

Performant Financial Revenue Breakdown

Performant Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Health Care$106.44M$94.67M$77.45M$68.55M$43.33M
Claims-based$45.27M$41.38M$29.18M--
Customer Care And Outsourced Services$7.27M$14.28M$13.53M$13.99M$17.48M
Eligibility-based$61.18M$53.28M$48.28M--
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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Customer Care And Outsourced Services$1.23M$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
Health Care$30.29M$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
Eligibility-Based$16.07M-------------------
Claims-Based$14.22M-------------------
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-------
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
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-------

Performant Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Health Care (49.00%), Eligibility-Based (26.00%), Claims-Based (23.00%), and Customer Care And Outsourced Services (1.99%).

Performant Financial Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
MMSMaximus$4.90B$1.35B
BVBrightView$2.77B$738.80M
CBZCBIZ$1.59B$438.88M
FAFirst Advantage$763.76M$199.12M
CVEOCiveo$699.01M$175.97M
PFSWPFSweb$295.12M$67.92M
CASSCass Information Systems$196.96M$22.77M
PFMTPerformant Financial$113.74M$31.52M
WHLMWilhelmina$17.21M$4.57M

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 Q3 2024 was $31.52M, a 7.35% increase from the previous quarter (Q2 2024), and a 5.20% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $29.36M, a 7.42% increase from the previous quarter (Q1 2024), and a 15.21% increase year-over-year (Q2 2023). PFMT'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).

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, Claims-based, Customer Care And Outsourced Services, Eligibility-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. Claims-based generated $45.26M in revenue, accounting 20.56% of the company's total revenue, up 9.38% 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. Eligibility-based generated $61.18M in revenue, accounting 27.79% of the company's total revenue, up 14.82% 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.