Precipio (PRPO) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Precipio Revenue Highlights

Latest Revenue (Y)

$12.40M

Latest Revenue (Q)

$4.44M

Main Segment (Y)

Service revenue, net

Precipio Revenue by Period

Precipio Revenue by Year

Date	Revenue	Change
2023-12-31	$12.40M	31.70%
2022-12-31	$9.41M	6.36%
2021-12-31	$8.85M	45.26%
2020-12-31	$6.09M	94.82%
2019-12-31	$3.13M	9.18%
2018-12-31	$2.86M	66.22%
2017-12-31	$1.72M	10.66%
2016-12-31	$1.56M	-5.81%
2015-12-31	$1.65M	-93.90%
2014-12-31	$27.08M	-1.67%
2013-12-31	$27.54M	-12.50%
2012-12-31	$31.48M	-1.54%
2011-12-31	$31.97M	59.47%
2010-12-31	$20.05M	-8.97%
2009-12-31	$22.02M	-8.21%
2008-12-31	$23.99M	3.53%
2007-12-31	$23.18M	-1.02%
2006-12-31	$23.41M	-9.34%
2005-12-31	$25.83M	-23.56%
2004-12-31	$33.79M	-0.23%
2003-12-31	$33.87M	-9.82%
2002-12-31	$37.55M	-2.37%
2001-12-31	$38.47M	48.62%
2000-12-31	$25.88M	12.36%
1999-12-31	$23.03M	-

Precipio generated $12.40M in revenue during NA 2023, up 31.70% compared to the previous quarter, and up 432.82% compared to the same period a year ago.

Precipio Revenue by Quarter

Date	Revenue	Change
2024-06-30	$4.44M	29.40%
2024-03-31	$3.43M	-20.72%
2023-12-31	$4.33M	15.81%
2023-09-30	$3.74M	5.80%
2023-06-30	$3.53M	25.42%
2023-03-31	$2.82M	17.82%
2022-12-31	$2.39M	7.95%
2022-09-30	$2.21M	-6.10%
2022-06-30	$2.36M	-3.60%
2022-03-31	$2.45M	0.49%
2021-12-31	$2.44M	8.41%
2021-09-30	$2.25M	-4.18%
2021-06-30	$2.34M	28.51%
2021-03-31	$1.82M	-6.03%
2020-12-31	$1.94M	19.30%
2020-09-30	$1.63M	24.39%
2020-06-30	$1.31M	7.57%
2020-03-31	$1.22M	76.74%
2019-12-31	$688.00K	-12.24%
2019-09-30	$784.00K	-16.77%
2019-06-30	$942.00K	32.12%
2019-03-31	$713.00K	4.09%
2018-12-31	$685.00K	5.38%
2018-09-30	$650.00K	-20.44%
2018-06-30	$817.00K	14.75%
2018-03-31	$712.00K	-24.66%
2017-12-31	$945.00K	250.00%
2017-09-30	$270.00K	3.85%
2017-06-30	$260.00K	-60.49%
2017-03-31	$658.00K	83.29%
2016-12-31	$359.00K	-21.44%
2016-09-30	$457.00K	-9.50%
2016-06-30	$505.00K	113.98%
2016-03-31	$236.00K	-101.96%
2015-12-31	$-12.02M	-403.46%
2015-09-30	$3.96M	-43.75%
2015-06-30	$7.04M	8.09%
2015-03-31	$6.51M	-15.37%
2014-12-31	$7.70M	20.78%
2014-09-30	$6.37M	-5.80%
2014-06-30	$6.76M	8.21%
2014-03-31	$6.25M	0.53%
2013-12-31	$6.22M	-6.44%
2013-09-30	$6.65M	-9.03%
2013-06-30	$7.31M	-0.92%
2013-03-31	$7.37M	1.12%
2012-12-31	$7.29M	-7.57%
2012-09-30	$7.89M	-13.24%
2012-06-30	$9.09M	26.19%
2012-03-31	$7.21M	-15.93%
2011-12-31	$8.57M	3.85%
2011-09-30	$8.25M	7.64%
2011-06-30	$7.67M	2.50%
2011-03-31	$7.48M	46.90%
2010-12-31	$5.09M	15.23%
2010-09-30	$4.42M	-13.27%
2010-06-30	$5.09M	-6.38%
2010-03-31	$5.44M	-16.47%
2009-12-31	$6.51M	29.11%
2009-09-30	$5.05M	-7.80%
2009-06-30	$5.47M	9.70%
2009-03-31	$4.99M	-18.53%
2008-12-31	$6.12M	14.10%
2008-09-30	$5.37M	-14.07%
2008-06-30	$6.25M	-0.13%
2008-03-31	$6.25M	-4.24%
2007-12-31	$6.53M	-

Precipio generated $4.44M in revenue during Q2 2024, up 29.40% compared to the previous quarter, and up 157.65% compared to the same period a year ago.

Precipio Revenue Breakdown

Precipio Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Service revenue, net	$26.49M	$8.01M	$7.93M	-	-
Diagnostic Testing	$12.40M	$4.21M	$3.61M	$6.79M	$3.46M
Biomarker Testing and Clinical Project Services	-	-	$56.00K	-	-
Service Revenue Net	-	-	-	$5.87M	$3.08M
Biomarker Testing And Clinical Project Services	-	-	-	$426.00K	$595.00K

Precipio's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service revenue, net (68.12%), and Diagnostic Testing (31.88%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 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
Service revenue, net	$11.21M	$9.52M	$7.08M	$21.78M	$2.66M	$2.06M	$1.97M	$1.98M	$2.14M	$1.93M	$2.04M	-	-	-	-	-	-	-	-	-
Diagnostic Testing	$4.60M	$3.91M	$2.82M	$1.15M	$1.00M	$1.09M	$967.00K	$839.00K	$1.96M	$2.02M	$1.94M	$2.12M	$1.97M	$1.59M	$1.10M	$900.00K	$878.00K	-	-	-
Other	-	-	-	-	$877.00K	$761.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service Revenue Net	-	-	-	-	-	-	-	-	-	-	-	$2.10M	$2.14M	$1.66M	$1.82M	$1.58M	$1.28M	$1.19M	$681.00K	$758.00K
Biomarker Testing And Clinical Project Services	-	-	-	-	-	-	-	-	-	-	-	$35.00K	$21.00K	$18.00K	$26.00K	$24.00K	$358.00K	$26.00K	$142.00K	-
Other Party	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$24.00K	$26.00K	-

Precipio's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service revenue, net (70.91%), and Diagnostic Testing (29.09%).

Precipio Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NTRA	Natera	$1.08B	$439.76M
BNR	Burning Rock Biotech	$537.43M	$125.62M
TWST	Twist Bioscience	$312.97M	$81.46M
CDNA	CareDx	$280.32M	$82.88M
CSTL	Castle Biosciences	$219.79M	$85.78M
MDXH	MDxHealth SA	$70.19M	$19.83M
XGN	Exagen	$52.55M	$15.06M
BDSX	Biodesix	$49.09M	$18.15M
STRR	Star Equity	$45.78M	$13.66M
PMD	Psychemedics	$22.10M	$5.17M
PRPO	Precipio	$12.40M	$4.44M
GENE	Genetic	$8.69M	$3.96M
APDN	Applied DNA Sciences	$3.43M	$797.52K
SERA	Sera Prognostics	$306.00K	$24.00K
BIAF	bioAffinity	-	$2.35M

PRPO Revenue FAQ

What is Precipio’s yearly revenue?

Precipio's yearly revenue for 2023 was $12.4M, representing an increase of 31.70% compared to 2022. The company's yearly revenue for 2022 was $9.41M, representing an increase of 6.36% compared to 2021. PRPO's yearly revenue for 2021 was $8.85M, representing an increase of 45.26% compared to 2020.

What is Precipio’s quarterly revenue?

Precipio's quarterly revenue for Q2 2024 was $4.44M, a 29.40% increase from the previous quarter (Q1 2024), and a 25.70% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $3.43M, a -20.72% decrease from the previous quarter (Q4 2023), and a 21.83% increase year-over-year (Q1 2023). PRPO's quarterly revenue for Q4 2023 was $4.33M, a 15.81% increase from the previous quarter (Q3 2023), and a 81.05% increase year-over-year (Q4 2022).

What is Precipio’s revenue growth rate?

Precipio's revenue growth rate for the last 3 years (2021-2023) was 40.08%, and for the last 5 years (2019-2023) was 296.42%.

What are Precipio’s revenue streams?

Precipio's revenue streams in c 23 are Service revenue, net, and Diagnostic Testing. Service revenue, net generated $26.49M in revenue, accounting 68.12% of the company's total revenue, up 230.71% year-over-year. Diagnostic Testing generated $12.4M in revenue, accounting 31.88% of the company's total revenue, up 194.37% year-over-year.

What is Precipio’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Precipio was Service revenue, net. This segment made a revenue of $26.49M, representing 68.12% of the company's total revenue.