Rapid Micro Biosystems (RPID) Revenue & Revenue Breakdown

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Rapid Micro Biosystems Revenue Highlights

Latest Revenue (Y)

$22.52M

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
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 $22.52M in revenue during NA 2023, up 31.44% compared to the previous quarter, and up 0.00% 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 23	Dec 22	Dec 21
Service	$7.94M	$6.08M	-
Product	$20.06M	$11.06M	-
Government Contract	-	-	-
Product and service revenue - non-recurring	-	-	$13.82M
Non-commercial revenue - non-recurring	-	-	$1.59M
Product and service revenue - recurring	-	-	$7.82M

Rapid Micro Biosystems's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (71.63%), and Service (28.37%).

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
Product	$5.31M	$4.92M	$5.17M	$7.88M	$5.69M	$3.17M	$3.32M	$2.84M	$3.21M	-	-	-	-	-
Service	$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 Sep 24: Product (69.35%), and Service (30.65%).

Rapid Micro Biosystems Revenue Breakdown by Country

Annual Revenue by Country

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

Rapid Micro Biosystems's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (43.87%), SWITZERLAND (17.74%), All Other Countries (17.62%), JAPAN (11.38%), and GERMANY (9.40%).

Quarterly Revenue by Country

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

Rapid Micro Biosystems's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (45.02%), All Other Countries (22.01%), SWITZERLAND (17.85%), GERMANY (12.14%), and JAPAN (2.99%).

Rapid Micro Biosystems Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LIVN	LivaNova	$1.15B	$318.11M
BVS	Bioventus	$512.35M	$138.96M
AXGN	AxoGen	$159.01M	$48.64M
KIDS	OrthoPediatrics	$148.73M	$52.80M
SRDX	Surmodics	$132.58M	$30.34M
RXST	RxSight	$89.08M	$45.41M
LUNG	Pulmonx	$68.67M	$20.39M
IRIX	IRIDEX	$51.87M	$11.58M
AZYO	Elutia	$49.19M	$6.13M
LNSR	LENSAR	$42.16M	$13.54M
OSA	ProSomnus	$27.65M	$7.46M
RPID	Rapid Micro Biosystems	$22.52M	$7.60M
VVOS	Vivos Therapeutics	$13.80M	$3.86M
INVO	INVO Bioscience	$3.02M	$1.58M
TIVC	Tivic Health Systems	$1.18M	$126.00K
OWLT	Owlet	$800.00K	$22.12M
AIMD	Ainos	$122.11K	-
OFIX	Orthofix Medical	$100.00K	$198.62M
BJDX	Bluejay Diagnostics	-	-
BBLG	Bone Biologics	-	-

RPID Revenue FAQ

What is Rapid Micro Biosystems’s yearly revenue?

Rapid Micro Biosystems's yearly revenue for 2023 was $22.52M, representing an increase of 31.44% compared to 2022. The company's yearly revenue for 2022 was $17.13M, representing a decrease of -26.25% compared to 2021. RPID's yearly revenue for 2021 was $23.23M, representing an increase of 44.50% compared to 2020.

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 (2021-2023) was -3.07%, and for the last 5 years (2019-2023) was 36.38%.

What are Rapid Micro Biosystems’s revenue streams?

Rapid Micro Biosystems's revenue streams in c 23 are Service, and Product. Service generated $7.94M in revenue, accounting 28.37% of the company's total revenue, up 30.72% year-over-year. Product generated $20.06M in revenue, accounting 71.63% of the company's total revenue, up 81.44% year-over-year.

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

For the fiscal year ending Dec 23, the largest source of revenue of Rapid Micro Biosystems was Product. This segment made a revenue of $20.06M, representing 71.63% of the company's total revenue.