Psychemedics (PMD) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Psychemedics Revenue Highlights

Latest Revenue (Y)

$22.10M

Latest Revenue (Q)

$5.17M

Main Segment (Y)

Testing

Main Geography (Y)

UNITED STATES

Psychemedics Revenue by Period

Psychemedics Revenue by Year

Date	Revenue	Change
2023-12-31	$22.10M	-12.45%
2022-12-31	$25.24M	1.33%
2021-12-31	$24.91M	16.62%
2020-12-31	$21.36M	-43.31%
2019-12-31	$37.68M	-11.71%
2018-12-31	$42.67M	7.49%
2017-12-31	$39.70M	1.85%
2016-12-31	$38.98M	44.50%
2015-12-31	$26.98M	-7.63%
2014-12-31	$29.20M	8.69%
2013-12-31	$26.87M	6.53%
2012-12-31	$25.22M	4.71%
2011-12-31	$24.09M	19.80%
2010-12-31	$20.11M	18.60%
2009-12-31	$16.95M	-26.12%
2008-12-31	$22.95M	-6.59%
2007-12-31	$24.57M	4.88%
2006-12-31	$23.43M	9.52%
2005-12-31	$21.39M	12.94%
2004-12-31	$18.94M	18.39%
2003-12-31	$16.00M	-0.45%
2002-12-31	$16.07M	2.15%
2001-12-31	$15.73M	-18.16%
2000-12-31	$19.22M	-1.94%
1999-12-31	$19.60M	10.73%
1998-12-31	$17.70M	14.94%
1997-12-31	$15.40M	26.23%
1996-12-31	$12.20M	20.79%
1995-12-31	$10.10M	16.09%
1994-12-31	$8.70M	31.82%
1993-12-31	$6.60M	-

Psychemedics generated $22.10M in revenue during NA 2023, up -12.45% compared to the previous quarter, and up 51.78% compared to the same period a year ago.

Psychemedics Revenue by Quarter

Date	Revenue	Change
2024-09-30	$5.17M	9.45%
2024-06-30	$4.73M	-11.74%
2024-03-31	$5.36M	7.18%
2023-12-31	$5.00M	-12.38%
2023-09-30	$5.70M	3.02%
2023-06-30	$5.54M	-5.50%
2023-03-31	$5.86M	2.74%
2022-12-31	$5.70M	-12.48%
2022-09-30	$6.52M	0.05%
2022-06-30	$6.51M	0.08%
2022-03-31	$6.51M	1.12%
2021-12-31	$6.44M	-3.55%
2021-09-30	$6.67M	9.63%
2021-06-30	$6.09M	6.55%
2021-03-31	$5.71M	7.09%
2020-12-31	$5.33M	3.11%
2020-09-30	$5.17M	56.13%
2020-06-30	$3.31M	-56.03%
2020-03-31	$7.54M	-13.52%
2019-12-31	$8.71M	-11.54%
2019-09-30	$9.85M	6.06%
2019-06-30	$9.29M	-5.43%
2019-03-31	$9.82M	-1.15%
2018-12-31	$9.94M	-9.80%
2018-09-30	$11.02M	2.12%
2018-06-30	$10.79M	-1.35%
2018-03-31	$10.94M	12.04%
2017-12-31	$9.76M	-2.88%
2017-09-30	$10.05M	3.77%
2017-06-30	$9.68M	-5.14%
2017-03-31	$10.21M	-5.16%
2016-12-31	$10.76M	-9.16%
2016-09-30	$11.85M	22.16%
2016-06-30	$9.70M	45.49%
2016-03-31	$6.67M	8.69%
2015-12-31	$6.13M	-13.41%
2015-09-30	$7.08M	1.18%
2015-06-30	$7.00M	3.64%
2015-03-31	$6.76M	-0.09%
2014-12-31	$6.76M	-12.23%
2014-09-30	$7.70M	0.13%
2014-06-30	$7.69M	9.22%
2014-03-31	$7.04M	8.65%
2013-12-31	$6.48M	-8.10%
2013-09-30	$7.06M	2.27%
2013-06-30	$6.90M	7.25%
2013-03-31	$6.43M	13.68%
2012-12-31	$5.66M	-12.41%
2012-09-30	$6.46M	-5.86%
2012-06-30	$6.86M	9.90%
2012-03-31	$6.24M	12.56%
2011-12-31	$5.55M	-12.16%
2011-09-30	$6.32M	1.40%
2011-06-30	$6.23M	3.80%
2011-03-31	$6.00M	17.27%
2010-12-31	$5.12M	0.20%
2010-09-30	$5.11M	-5.83%
2010-06-30	$5.42M	21.46%
2010-03-31	$4.46M	4.52%
2009-12-31	$4.27M	-8.53%
2009-09-30	$4.67M	18.68%
2009-06-30	$3.93M	-3.53%
2009-03-31	$4.08M	-15.45%
2008-12-31	$4.82M	-22.25%
2008-09-30	$6.20M	-0.10%
2008-06-30	$6.21M	8.79%
2008-03-31	$5.71M	-3.10%
2007-12-31	$5.89M	-

Psychemedics generated $5.17M in revenue during Q3 2024, up 9.45% compared to the previous quarter, and up 93.46% compared to the same period a year ago.

Psychemedics Revenue Breakdown

Psychemedics Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Testing	$18.66M	$21.61M	$21.89M	$19.07M	$34.55M
Other Revenue	$121.00K	$156.00K	$168.00K	$118.00K	$247.00K
Shipping/Collection (Hair)	$3.32M	$3.48M	$2.85M	$2.17M	$2.88M

Psychemedics's latest annual revenue breakdown by segment (product or service), as of Dec 23: Testing (84.45%), Shipping/Collection (Hair) (15.01%), and Other Revenue (0.55%).

Quarterly Revenue by Product

Product/Service	Sep 24	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	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Other Revenue	$27.00K	$26.00K	$32.00K	$51.00K	$21.00K	$26.00K	$23.00K	$65.00K	$25.00K	$32.00K	$34.00K	$39.00K	$40.00K	$40.00K	$49.00K	$32.00K	$22.00K	$20.00K	$44.00K	$52.00K
Testing	$4.42M	$3.94M	$4.54M	$4.25M	$4.86M	$4.61M	$4.94M	$4.85M	$5.55M	$5.48M	$5.72M	$5.62M	$5.86M	$5.37M	$5.05M	$4.71M	$4.59M	$2.94M	$6.83M	$8.01M
Shipping/Collection (Hair)	$727.00K	$764.00K	$785.00K	$702.00K	$819.00K	$897.00K	$898.00K	$789.00K	$937.00K	$1.00M	$750.00K	$778.00K	$774.00K	$680.00K	$615.00K	$598.00K	$562.00K	$353.00K	$660.00K	$651.00K

Psychemedics's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Testing (85.43%), Shipping/Collection (Hair) (14.05%), and Other Revenue (0.52%).

Psychemedics Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$21.22M	$24.51M	$23.58M	$19.49M	$27.33M
Non-US	$882.00K	$731.00K	-	-	-
BRAZIL	-	-	$640.00K	$1.34M	$9.82M
Other Foreign Countries	-	-	$685.00K	$530.00K	$530.00K

Psychemedics's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (96.01%), and Non-US (3.99%).

Quarterly Revenue by Country

Country	Mar 23	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Sep 18	Jun 18	Mar 18
Testing	$4.94M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shipping/Collection (Hair)	$898.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Revenue	$23.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	-	$6.24M	$6.34M	$5.61M	$5.39M	$5.04M	$4.98M	$3.13M	$6.34M	$6.36M	$7.10M	$6.81M	$7.06M	$7.54M	$7.57M	$7.32M
BRAZIL	-	$1.00K	$180.00K	$320.00K	$140.00K	$137.00K	$62.00K	$164.00K	$1.06M	$2.20M	$2.62M	$2.36M	$2.64M	$3.38M	$3.10M	$3.53M
Other Foreign Countries	-	$191.00K	$155.00K	$158.00K	$180.00K	$153.00K	$135.00K	$25.00K	$133.00K	$156.00K	$131.00K	$124.00K	$120.00K	$93.00K	$121.00K	$86.00K

Psychemedics's latest quarterly revenue breakdown by geography, as of Mar 23: Testing (84.28%), Shipping/Collection (Hair) (15.33%), and Other Revenue (0.39%).

Psychemedics Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FONR	FONAR	$102.88B	$25.94M
SHC	Sotera Health Company	$1.05B	$285.47M
BNR	Burning Rock Biotech	$537.43M	$125.62M
CSTL	Castle Biosciences	$219.79M	$85.78M
STIM	Neuronetics	$71.35M	$16.45M
XGN	Exagen	$52.55M	$15.06M
PMD	Psychemedics	$22.10M	$5.17M
DRIO	DarioHealth	$20.35M	$6.25M
SERA	Sera Prognostics	$306.00K	$24.00K

PMD Revenue FAQ

What is Psychemedics’s yearly revenue?

Psychemedics's yearly revenue for 2023 was $22.1M, representing a decrease of -12.45% compared to 2022. The company's yearly revenue for 2022 was $25.24M, representing an increase of 1.33% compared to 2021. PMD's yearly revenue for 2021 was $24.91M, representing an increase of 16.62% compared to 2020.

What is Psychemedics’s quarterly revenue?

Psychemedics's quarterly revenue for Q3 2024 was $5.18M, a 9.45% increase from the previous quarter (Q2 2024), and a -9.27% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $4.73M, a -11.74% decrease from the previous quarter (Q1 2024), and a -14.61% decrease year-over-year (Q2 2023). PMD's quarterly revenue for Q1 2024 was $5.36M, a 7.18% increase from the previous quarter (Q4 2023), and a -8.57% decrease year-over-year (Q1 2023).

What is Psychemedics’s revenue growth rate?

Psychemedics's revenue growth rate for the last 3 years (2021-2023) was -11.29%, and for the last 5 years (2019-2023) was -41.35%.

What are Psychemedics’s revenue streams?

Psychemedics's revenue streams in c 23 are Testing, Other Revenue, and Shipping/Collection (Hair). Testing generated $18.66M in revenue, accounting 84.45% of the company's total revenue, down -13.64% year-over-year. Other Revenue generated $121K in revenue, accounting 0.55% of the company's total revenue, down -22.44% year-over-year. Shipping/Collection (Hair) generated $3.32M in revenue, accounting 15.01% of the company's total revenue, down -4.60% year-over-year.

What is Psychemedics’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Psychemedics was Testing. This segment made a revenue of $18.66M, representing 84.45% of the company's total revenue.