Rapid Micro Biosystems (RPID) Revenue & Revenue Breakdown
Rapid Micro Biosystems Revenue Highlights
Latest Revenue (Y)
$22.52M
Latest Revenue (Q)
$6.62M
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 |
|---|---|---|
| 2024-06-30 | $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 $6.62M in revenue during Q2 2024, up 17.95% compared to the previous quarter, and up 131.44% 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 - recurring | - | - | $7.82M |
| Product and service revenue - non-recurring | - | - | $13.82M |
| Non-commercial revenue - non-recurring | - | - | $1.59M |
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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | $2.08M | $1.96M | $2.31M | $2.08M | $1.83M | $1.71M | $1.53M | $1.53M | - | - | - | - | - |
| Product | $4.92M | $5.17M | $7.88M | $5.69M | $3.17M | $3.32M | $2.84M | $3.21M | - | - | - | - | - |
| 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 Jun 24: Product (70.26%), and Service (29.74%).
Rapid Micro Biosystems Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| JAPAN | $2.56M | - | - |
| All Other Countries | $3.97M | $2.96M | - |
| GERMANY | $2.12M | $2.65M | - |
| UNITED STATES | $9.88M | $8.77M | - |
| SWITZERLAND | $4.00M | $2.76M | - |
| Switzerland | - | - | $4.31M |
| United states | - | - | $12.89M |
| All other countries | - | - | $4.33M |
| Germany | - | - | $1.70M |
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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SWITZERLAND | $1.60M | $972.00K | $1.00M | $1.06M | $960.00K | $973.00K | $660.00K | $608.00K | - | - | - | - | - |
| All Other Countries | $1.01M | $1.23M | $777.00K | $1.78M | $853.00K | $560.00K | $988.00K | $627.00K | - | - | - | - | - |
| GERMANY | $970.00K | $464.00K | $724.00K | $478.00K | $501.00K | $413.00K | $411.00K | $1.41M | - | - | - | - | - |
| UNITED STATES | $2.66M | $2.15M | $2.89M | $2.67M | $2.62M | $1.70M | $2.31M | $2.09M | - | - | - | - | - |
| JAPAN | $372.00K | $800.00K | $941.00K | $167.00K | $68.00K | $1.39M | - | - | - | - | - | - | - |
| All other countries | - | - | - | - | - | - | - | - | $531.00K | $815.00K | $645.00K | $1.39M | $1.00M |
| 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 |
Rapid Micro Biosystems's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (40.21%), SWITZERLAND (24.24%), All Other Countries (15.28%), GERMANY (14.66%), and JAPAN (5.62%).
Rapid Micro Biosystems Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LIVN | LivaNova | $1.15B | $318.60M |
| BVS | Bioventus | $512.35M | $151.22M |
| AXGN | AxoGen | $159.01M | $47.91M |
| KIDS | OrthoPediatrics | $148.73M | $52.80M |
| SRDX | Surmodics | $132.58M | $30.34M |
| RXST | RxSight | $89.08M | $45.52M |
| LUNG | Pulmonx | $68.67M | $20.78M |
| IRIX | IRIDEX | $51.87M | $12.63M |
| AZYO | Elutia | $49.19M | $6.13M |
| LNSR | LENSAR | $42.16M | $10.59M |
| OSA | ProSomnus | $27.65M | $7.46M |
| RPID | Rapid Micro Biosystems | $22.52M | $6.62M |
| VVOS | Vivos Therapeutics | $13.80M | $4.05M |
| INVO | INVO Bioscience | $3.02M | $1.58M |
| TIVC | Tivic Health Systems | $1.18M | $140.00K |
| OWLT | Owlet | $800.00K | $20.70M |
| TLIS | Talis Biomedical | $412.00K | - |
| 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 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). The company'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). RPID's quarterly revenue for Q4 2023 was $6.34M, a 3.12% increase from the previous quarter (Q3 2023), and a 44.88% increase year-over-year (Q4 2022).
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.