Rapid Micro Biosystems (RPID) Revenue & Revenue Breakdown

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Rapid Micro Biosystems Revenue Highlights

Latest Revenue (Y)

$28.05M

Latest Revenue (Q)

$7.60M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Rapid Micro Biosystems Revenue by Period

Rapid Micro Biosystems Revenue by Year

Date	Revenue	Change
2024-12-31	$28.05M	24.57%
2023-12-31	$22.52M	31.44%
2022-12-31	$17.13M	-26.25%
2021-12-31	$23.23M	44.50%
2020-12-31	$16.08M	-2.63%
2019-12-31	$16.51M	-

Rapid Micro Biosystems generated $28.05M in revenue during NA 2024, up 24.57% compared to the previous quarter, and up 169.88% compared to the same period a year ago.

Rapid Micro Biosystems Revenue by Quarter

Date	Revenue	Change
2024-09-30	$7.60M	14.90%
2024-06-30	$6.62M	17.95%
2024-03-31	$5.61M	-11.46%
2023-12-31	$6.34M	3.12%
2023-09-30	$6.14M	22.85%
2023-06-30	$5.00M	-0.66%
2023-03-31	$5.04M	15.11%
2022-12-31	$4.37M	-7.70%
2022-09-30	$4.74M	22.77%
2022-06-30	$3.86M	-7.21%
2022-03-31	$4.16M	-20.12%
2021-12-31	$5.21M	-24.51%
2021-09-30	$6.90M	12.54%
2021-06-30	$6.13M	22.72%
2021-03-31	$5.00M	-4.64%
2020-12-31	$5.24M	-0.17%
2020-09-30	$5.25M	102.35%
2020-06-30	$2.59M	-13.54%
2020-03-31	$3.00M	-

Rapid Micro Biosystems generated $7.60M in revenue during Q3 2024, up 14.90% compared to the previous quarter, and up 152.02% compared to the same period a year ago.

Rapid Micro Biosystems Revenue Breakdown

Rapid Micro Biosystems Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21
Product	$21.04M	$20.06M	$11.06M	-
Service	$9.32M	$7.94M	$6.08M	-
Government Contract	-	-	-	-
Non-commercial revenue - non-recurring	-	-	-	$1.59M
Product and service revenue - non-recurring	-	-	-	$13.82M
Product and service revenue - recurring	-	-	-	$7.82M

Rapid Micro Biosystems's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product (69.30%), and Service (30.70%).

Quarterly Revenue by Product

Product/Service	Dec 24	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
Product	$5.64M	$5.31M	$4.92M	$5.17M	$7.88M	$5.69M	$3.17M	$3.32M	$2.84M	$3.21M	-	-	-	-	-
Service	$2.93M	$2.35M	$2.08M	$1.96M	$2.31M	$2.08M	$1.83M	$1.71M	$1.53M	$1.53M	-	-	-	-	-
Product and service revenue - recurring	-	-	-	-	-	-	-	-	-	-	$2.50M	$2.66M	$2.28M	$2.17M	$1.90M
Product and service revenue - non-recurring	-	-	-	-	-	-	-	-	-	-	$1.36M	$1.50M	$2.58M	$4.13M	$3.79M
Non-commercial revenue - non-recurring	-	-	-	-	-	-	-	-	-	-	-	-	$353.00K	$596.00K	$436.00K

Rapid Micro Biosystems's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Product (65.78%), and Service (34.22%).

Rapid Micro Biosystems Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21
SWITZERLAND	$5.67M	$4.00M	$2.76M	-
UNITED STATES	$10.64M	$9.88M	$8.77M	-
JAPAN	$2.05M	$2.56M	-	-
GERMANY	$3.05M	$2.12M	$2.65M	-
All Other Countries	$6.64M	$3.97M	$2.96M	-
Germany	-	-	-	$1.70M
Switzerland	-	-	-	$4.31M
United states	-	-	-	$12.89M
All other countries	-	-	-	$4.33M

Rapid Micro Biosystems's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (37.93%), All Other Countries (23.68%), SWITZERLAND (20.21%), GERMANY (10.87%), and JAPAN (7.32%).

Quarterly Revenue by Country

Country	Dec 24	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
UNITED STATES	$2.41M	$3.42M	$2.66M	$2.15M	$2.89M	$2.67M	$2.62M	$1.70M	$2.31M	$2.09M	-	-	-	-	-
All Other Countries	$2.73M	$1.67M	$1.01M	$1.23M	$777.00K	$1.78M	$853.00K	$560.00K	$988.00K	$627.00K	-	-	-	-	-
GERMANY	$692.00K	$923.00K	$970.00K	$464.00K	$724.00K	$478.00K	$501.00K	$413.00K	$411.00K	$1.41M	-	-	-	-	-
SWITZERLAND	$1.74M	$1.36M	$1.60M	$972.00K	$1.00M	$1.06M	$960.00K	$973.00K	$660.00K	$608.00K	-	-	-	-	-
JAPAN	$654.00K	$227.00K	$372.00K	$800.00K	$941.00K	$167.00K	$68.00K	$1.39M	-	-	-	-	-	-	-
Germany	-	-	-	-	-	-	-	-	-	-	$401.00K	$424.00K	$432.00K	$298.00K	$636.00K
Switzerland	-	-	-	-	-	-	-	-	-	-	$609.00K	$879.00K	$1.32M	$899.00K	$1.05M
United states	-	-	-	-	-	-	-	-	-	-	$2.32M	$2.04M	$2.81M	$4.31M	$3.45M
All other countries	-	-	-	-	-	-	-	-	-	-	$531.00K	$815.00K	$645.00K	$1.39M	$1.00M

Rapid Micro Biosystems's latest quarterly revenue breakdown by geography, as of Dec 24: All Other Countries (33.23%), UNITED STATES (29.28%), SWITZERLAND (21.11%), GERMANY (8.42%), and JAPAN (7.96%).

Rapid Micro Biosystems Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LIVN	LivaNova	$1.25B	$318.11M
BVS	Bioventus	$573.28M	$138.96M
TMCI	Treace Medical Concepts	$209.36M	$45.09M
KIDS	OrthoPediatrics	$204.73M	$52.80M
AXGN	AxoGen	$187.34M	$48.64M
RXST	RxSight	$139.93M	$45.41M
SRDX	Surmodics	$126.08M	$29.92M
LUNG	Pulmonx	$83.79M	$20.39M
OWLT	Owlet	$78.10M	$22.12M
LNSR	LENSAR	$53.49M	$13.54M
IRIX	IRIDEX	$48.67M	$11.58M
RPID	Rapid Micro Biosystems	$28.05M	$7.60M
VVOS	Vivos Therapeutics	$15.03M	$3.86M
TIVC	Tivic Health Systems	$780.00K	$126.00K
BBLG	Bone Biologics	-	-
AIMD	Ainos	-	-
BJDX	Bluejay Diagnostics	-	-
OFIX	Orthofix Medical	-	$198.62M

RPID Revenue FAQ

What is Rapid Micro Biosystems’s yearly revenue?

Rapid Micro Biosystems's yearly revenue for 2024 was $28.05M, representing an increase of 24.57% compared to 2023. The company's yearly revenue for 2023 was $22.52M, representing an increase of 31.44% compared to 2022. RPID's yearly revenue for 2022 was $17.13M, representing a decrease of -26.25% compared to 2021.

What is Rapid Micro Biosystems’s quarterly revenue?

Rapid Micro Biosystems's quarterly revenue for Q3 2024 was $7.6M, a 14.90% increase from the previous quarter (Q2 2024), and a 23.74% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $6.62M, a 17.95% increase from the previous quarter (Q1 2024), and a 32.31% increase year-over-year (Q2 2023). RPID's quarterly revenue for Q1 2024 was $5.61M, a -11.46% decrease from the previous quarter (Q4 2023), and a 11.44% increase year-over-year (Q1 2023).

What is Rapid Micro Biosystems’s revenue growth rate?

Rapid Micro Biosystems's revenue growth rate for the last 3 years (2022-2024) was 63.72%, and for the last 5 years (2020-2024) was 74.48%.

What are Rapid Micro Biosystems’s revenue streams?

Rapid Micro Biosystems's revenue streams in c 24 are Product, and Service. Product generated $21.04M in revenue, accounting 69.30% of the company's total revenue, up 4.89% year-over-year. Service generated $9.32M in revenue, accounting 30.70% of the company's total revenue, up 17.36% year-over-year.

What is Rapid Micro Biosystems’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Rapid Micro Biosystems was Product. This segment made a revenue of $21.04M, representing 69.30% of the company's total revenue.