Quanterix (QTRX) Revenue & Revenue Breakdown

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Quanterix Revenue Highlights

Latest Revenue (Y)

$137.42M

Latest Revenue (Q)

$34.38M

Main Segment (Y)

Product

Main Geography (Y)

North America

Quanterix Revenue by Period

Quanterix Revenue by Year

Date	Revenue	Change
2024-12-31	$137.42M	12.30%
2023-12-31	$122.37M	16.59%
2022-12-31	$104.95M	-5.07%
2021-12-31	$110.56M	27.99%
2020-12-31	$86.38M	52.25%
2019-12-31	$56.73M	50.76%
2018-12-31	$37.63M	64.52%
2017-12-31	$22.87M	30.08%
2016-12-31	$17.59M	44.38%
2015-12-31	$12.18M	-

Quanterix generated $137.42M in revenue during NA 2024, up 12.30% compared to the previous quarter, and up 242.22% compared to the same period a year ago.

Quanterix Revenue by Quarter

Date	Revenue	Change
2024-06-30	$34.38M	7.22%
2024-03-31	$32.07M	1.64%
2023-12-31	$31.55M	2.32%
2023-09-30	$30.84M	-0.12%
2023-06-30	$30.87M	9.35%
2023-03-31	$28.23M	10.24%
2022-12-31	$25.61M	-2.86%
2022-09-30	$26.36M	12.55%
2022-06-30	$23.43M	-20.73%
2022-03-31	$29.55M	-2.43%
2021-12-31	$30.29M	13.52%
2021-09-30	$26.68M	9.21%
2021-06-30	$24.43M	-1.96%
2021-03-31	$24.92M	-4.64%
2020-12-31	$26.13M	-11.30%
2020-09-30	$29.46M	124.37%
2020-06-30	$13.13M	-16.51%
2020-03-31	$15.73M	-1.19%
2019-12-31	$15.92M	6.51%
2019-09-30	$14.94M	10.40%
2019-06-30	$13.54M	9.72%
2019-03-31	$12.34M	13.42%
2018-12-31	$10.88M	2.70%
2018-09-30	$10.59M	22.54%
2018-06-30	$8.64M	72.38%
2018-03-31	$5.01M	-23.90%
2017-12-31	$6.59M	14.91%
2017-09-30	$5.73M	9.99%
2017-06-30	$5.21M	-2.34%
2017-03-31	$5.34M	-20.08%
2016-12-31	$6.68M	-

Quanterix generated $34.38M in revenue during Q2 2024, up 7.22% compared to the previous quarter, and up 121.77% compared to the same period a year ago.

Quanterix Revenue Breakdown

Quanterix Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Service And Other Revenue	$51.24M	-	-	-	-
License and Service	$4.45M	-	-	-	-
Product	$79.74M	$580.00K	-	-	-
Grant	$1.99M	-	-	-	-
Service revenue.	-	$19.09M	-	-	-
Product revenue	-	$32.64M	$2.63M	$505.00K	-
Service-type warranties and research services	-	-	$9.60M	$7.00M	-
Undelivered licenses of intellectual property	-	-	$500.00K	$500.00K	-
Service and other revenue	-	-	$11.00K	$114.00K	-
License And Service	-	-	-	-	-
Undelivered Licenses Of Intellectual Property	-	-	-	-	$500.00K
Undelivered Services Related To Initial And Extended Service Type Warranties And Research Services	-	-	-	-	$4.90M
Service Other	-	-	-	-	$202.00K

Quanterix's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product (58.03%), Service And Other Revenue (37.29%), License and Service (3.24%), and Grant (1.44%).

Quarterly Revenue by Product

Product/Service	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	Jun 19
Product	$19.89M	$111.00K	$186.00K	$92.00K	$182.00K	$126.00K	$186.00K	$120.00K	$194.00K	$321.00K	$126.00K	-	-	-	-	-	-	-	-	-
Research Services	$10.13M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Services	$670.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License and Service	$729.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Instruments	$2.47M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consumable And Other Products	$17.42M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service	$13.51M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service revenue.	-	$5.29M	$14.43M	$4.66M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Grant revenue	-	$274.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product revenue	-	$7.14M	$18.37M	$7.24M	$7.03M	$16.67M	$17.69M	$9.92M	$10.75M	$151.00K	-	-	-	-	-	-	-	-	-	-
Undelivered licenses of intellectual property	-	-	-	$10.40M	$500.00K	$500.00K	$500.00K	-	-	-	-	-	-	-	-	-	-	-	-	-
Service-type warranties and research services	-	-	-	-	$10.20M	-	$9.90M	-	-	-	-	-	-	-	-	-	-	-	-	-
Service and other revenue	-	-	-	-	$4.50M	$3.60M	$4.87M	$4.25M	$68.00K	-	-	-	-	-	-	-	-	-	-	-
Collaboration and license revenue	-	-	-	-	-	$170.00K	$301.00K	-	-	-	-	-	-	-	-	-	-	-	-	-
Undelivered Services Related To Initial And Extended Service Type Warranties And Research Services	-	-	-	-	-	-	-	-	-	-	$5.20M	$6.10M	$5.90M	$3.30M	$2.80M	$3.00M	-	-	-	-
Service Other	-	-	-	-	-	-	-	-	-	-	$17.00K	$5.00K	$24.00K	$131.00K	$26.00K	$21.00K	$24.00K	$45.00K	$31.00K	$19.00K
Undelivered Licenses Of Intellectual Property	-	-	-	-	-	-	-	-	-	-	$500.00K	$500.00K	$500.00K	$500.00K	$1.70M	$1.70M	-	-	-	-
License And Service	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$184.00K	-	-

Quanterix's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product (30.68%), Consumable And Other Products (26.88%), Service (20.85%), Research Services (15.63%), Instruments (3.80%), License and Service (1.12%), and Other Services (1.03%).

Quanterix Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Asia Pacific	$11.40M	$12.56M	$480.00K	$255.00K	$207.00K
North America	$43.72M	$3.17M	-	-	-
EMEA	$24.62M	$25.51M	$2.78M	$2.04M	-
E M E A	-	-	-	-	$1.54M

Quanterix's latest annual revenue breakdown by geography, as of Dec 24: North America (54.83%), EMEA (30.87%), and Asia Pacific (14.30%).

Quarterly Revenue by Country

Country	Dec 24	Mar 24	Dec 23	Jun 23	Mar 23	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	Mar 19	Dec 18
EMEA	$19.31M	$5.31M	$24.05M	$753.00K	$706.00K	$688.00K	$659.00K	$587.00K	-	-	-	-	-	-	-	-	-	-	-	-
Asia Pacific	$7.70M	$3.71M	$12.27M	$153.00K	$135.00K	$124.00K	$92.00K	$76.00K	$66.00K	$51.00K	$62.00K	$46.00K	$50.00K	$59.00K	$52.00K	$52.00K	$54.00K	$28.00K	$37.00K	$1.33M
E M E A	-	-	-	-	-	-	-	-	$556.00K	$458.00K	$438.00K	$407.00K	$372.00K	$385.00K	$379.00K	$496.00K	$293.00K	$300.00K	$234.00K	$2.98M
North America	-	-	-	-	-	-	-	-	$1.11M	$1.10M	$971.00K	$881.00K	$811.00K	$731.00K	$748.00K	$830.00K	$806.00K	$814.00K	$689.00K	$6.57M

Quanterix's latest quarterly revenue breakdown by geography, as of Dec 24: EMEA (71.50%), and Asia Pacific (28.50%).

Quanterix Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
TCMD	Tactile Systems	$292.98M	$73.09M
PRCT	PROCEPT BioRobotics	$224.50M	$58.37M
KIDS	OrthoPediatrics	$204.73M	$52.80M
SIBN	SI-BONE	$167.18M	$40.34M
QTRX	Quanterix	$137.42M	$34.38M
CTKB	Cytek Biosciences	$111.11M	$51.50M
LUNG	Pulmonx	$83.79M	$20.39M
NPCE	NeuroPace	$79.91M	$21.06M
SGHT	Sight Sciences	$79.87M	$20.16M
CVRX	CVRx	$51.29M	$13.37M
MXCT	MaxCyte	$38.63M	$8.16M
RPID	Rapid Micro Biosystems	$28.05M	$7.60M
HSCS	Heart Test Laboratories	$18.60M	-
VVOS	Vivos Therapeutics	$15.03M	$3.86M
TIVC	Tivic Health Systems	$780.00K	$126.00K
BBLG	Bone Biologics	-	-
OFIX	Orthofix Medical	-	$198.62M

QTRX Revenue FAQ

What is Quanterix’s yearly revenue?

Quanterix's yearly revenue for 2024 was $137.42M, representing an increase of 12.30% compared to 2023. The company's yearly revenue for 2023 was $122.37M, representing an increase of 16.59% compared to 2022. QTRX's yearly revenue for 2022 was $104.95M, representing a decrease of -5.07% compared to 2021.

What is Quanterix’s quarterly revenue?

Quanterix's quarterly revenue for Q2 2024 was $34.38M, a 7.22% increase from the previous quarter (Q1 2024), and a 11.36% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $32.07M, a 1.64% increase from the previous quarter (Q4 2023), and a 13.57% increase year-over-year (Q1 2023). QTRX's quarterly revenue for Q4 2023 was $31.55M, a 2.32% increase from the previous quarter (Q3 2023), and a 23.19% increase year-over-year (Q4 2022).

What is Quanterix’s revenue growth rate?

Quanterix's revenue growth rate for the last 3 years (2022-2024) was 30.94%, and for the last 5 years (2020-2024) was 59.09%.

What are Quanterix’s revenue streams?

Quanterix's revenue streams in c 24 are Service And Other Revenue, License and Service, Product, and Grant. Service And Other Revenue generated $51.24M in revenue, accounting 37.29% of the company's total revenue License and Service generated $4.45M in revenue, accounting 3.24% of the company's total revenue Product generated $79.74M in revenue, accounting 58.03% of the company's total revenue, up 13648.28% year-over-year. Grant generated $1.98M in revenue, accounting 1.44% of the company's total revenue

What is Quanterix’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Quanterix was Product. This segment made a revenue of $79.74M, representing 58.03% of the company's total revenue.