Sonim (SONM) Revenue & Revenue Breakdown
Sonim Revenue Highlights
Latest Revenue (Y)
$93.63M
Latest Revenue (Q)
$11.52M
Main Segment (Y)
Feature Phones
Main Geography (Y)
UNITED STATES
Sonim Revenue by Period
Sonim Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $93.63M | 34.09% |
| 2022-12-31 | $69.83M | 27.96% |
| 2021-12-31 | $54.57M | -14.72% |
| 2020-12-31 | $63.99M | -44.95% |
| 2019-12-31 | $116.25M | -14.31% |
| 2018-12-31 | $135.66M | 129.82% |
| 2017-12-31 | $59.03M | - |
Sonim generated $93.63M in revenue during NA 2023, up 34.09% compared to the previous quarter, and up 69.02% compared to the same period a year ago.
Sonim Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $11.52M | -31.35% |
| 2024-03-31 | $16.78M | 24.91% |
| 2023-12-31 | $13.43M | -51.28% |
| 2023-09-30 | $27.57M | 2.72% |
| 2023-06-30 | $26.84M | 4.01% |
| 2023-03-31 | $25.80M | 6.98% |
| 2022-12-31 | $24.12M | 17.67% |
| 2022-09-30 | $20.50M | 71.45% |
| 2022-06-30 | $11.96M | -9.83% |
| 2022-03-31 | $13.26M | -16.78% |
| 2021-12-31 | $15.93M | 10.29% |
| 2021-09-30 | $14.45M | 20.84% |
| 2021-06-30 | $11.95M | -2.34% |
| 2021-03-31 | $12.24M | -22.70% |
| 2020-12-31 | $15.84M | 10.02% |
| 2020-09-30 | $14.39M | -31.65% |
| 2020-06-30 | $21.06M | 65.73% |
| 2020-03-31 | $12.71M | -26.00% |
| 2019-12-31 | $17.17M | -40.49% |
| 2019-09-30 | $28.85M | -34.05% |
| 2019-06-30 | $43.75M | 65.18% |
| 2019-03-31 | $26.48M | -43.08% |
| 2018-12-31 | $46.53M | 17.80% |
| 2018-09-30 | $39.50M | 25.59% |
| 2018-06-30 | $31.45M | 72.90% |
| 2018-03-31 | $18.19M | - |
Sonim generated $11.52M in revenue during Q2 2024, up -31.35% compared to the previous quarter, and up 44.63% compared to the same period a year ago.
Sonim Revenue Breakdown
Sonim Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|
| Smartphones | $14.79M | $25.88M | $57.98M |
| Accessories And Other | $2.05M | $2.78M | $5.56M |
| Feature Phones | $37.72M | $35.33M | $52.71M |
Sonim's latest annual revenue breakdown by segment (product or service), as of Dec 21: Feature Phones (69.13%), Smartphones (27.11%), and Accessories And Other (3.76%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Smartphones | $5.58M | $3.59M | $3.68M | $2.80M | $3.95M | $4.37M | $7.84M | $5.68M | $6.14M | $6.22M | - | - | - |
| Feature Phones | $3.35M | $8.84M | $11.99M | $11.40M | $7.78M | $6.56M | $7.27M | $8.32M | $13.84M | $5.90M | - | - | - |
| Accessories and Other | $188.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Accessories And Other | - | $833.00K | $1.36M | $246.00K | $192.00K | $257.00K | $722.00K | $386.00K | $1.08M | $587.00K | - | - | - |
| Scanners | - | - | - | $3.00K | $36.00K | $1.05M | - | - | - | - | - | - | - |
| Product | - | - | - | - | - | - | - | - | - | - | $28.77M | $43.61M | $26.33M |
| Service | - | - | - | - | - | - | - | - | - | - | $77.00K | $138.00K | $152.00K |
Sonim's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Smartphones (61.22%), Feature Phones (36.72%), and Accessories and Other (2.06%).
Sonim Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|
| Feature Phones | $37.72M | - | - |
| Europe And Middle East | $1.14M | $1.98M | $5.31M |
| Canada And Latin America | $9.40M | $14.23M | $17.40M |
| UNITED STATES | $42.36M | $46.11M | $90.60M |
| Asia Pacific | $1.67M | $1.68M | $2.95M |
| Smartphones | $14.79M | - | - |
| Accessories And Other | $2.05M | - | - |
Sonim's latest annual revenue breakdown by geography, as of Dec 21: UNITED STATES (38.81%), Feature Phones (34.56%), Smartphones (13.56%), Canada And Latin America (8.61%), Accessories And Other (1.88%), Asia Pacific (1.53%), and Europe And Middle East (1.05%).
Quarterly Revenue by Country
| Country | Mar 24 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $7.27M | - | - | - | - | - | - | - | - | - | - | - | - |
| Europe and Middle East | $41.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Asia Pacific | $7.66M | $109.00K | $708.00K | $949.00K | $5.00K | $9.00K | $216.00K | $847.00K | $555.00K | $61.00K | $960.00K | $750.00K | $949.00K |
| Canada | $1.81M | - | - | - | - | - | - | - | - | - | - | - | - |
| Accessories And Other | - | $833.00K | - | - | - | - | - | - | - | - | - | - | - |
| Smartphones | - | $3.59M | - | - | - | - | - | - | - | - | - | - | - |
| Europe And Middle East | - | $357.00K | $210.00K | $605.00K | $66.00K | $261.00K | $753.00K | $431.00K | $446.00K | $348.00K | $756.00K | $2.21M | $1.80M |
| Canada And Latin America | - | $1.38M | $1.18M | $1.10M | $3.77M | $3.34M | $3.58M | $3.99M | $2.58M | $4.08M | $3.96M | $5.66M | $3.65M |
| Feature Phones | - | $8.84M | - | - | - | - | - | - | - | - | - | - | - |
| UNITED STATES | - | $11.41M | $13.83M | $8.63M | $11.28M | $9.13M | $17.48M | $8.22M | $23.17M | $35.13M | $20.09M | - | - |
| U S | - | - | - | $11.79M | $8.11M | - | - | - | - | - | - | - | - |
Sonim's latest quarterly revenue breakdown by geography, as of Mar 24: Asia Pacific (45.68%), United States (43.31%), Canada (10.77%), and Europe and Middle East (0.24%).
SONM Revenue FAQ
What is Sonim’s yearly revenue?
Sonim's yearly revenue for 2023 was $93.63M, representing an increase of 34.09% compared to 2022. The company's yearly revenue for 2022 was $69.83M, representing an increase of 27.96% compared to 2021. SONM's yearly revenue for 2021 was $54.57M, representing a decrease of -14.72% compared to 2020.
What is Sonim’s quarterly revenue?
Sonim's quarterly revenue for Q2 2024 was $11.52M, a -31.35% decrease from the previous quarter (Q1 2024), and a -57.09% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $16.78M, a 24.91% increase from the previous quarter (Q4 2023), and a -34.98% decrease year-over-year (Q1 2023). SONM's quarterly revenue for Q4 2023 was $13.43M, a -51.28% decrease from the previous quarter (Q3 2023), and a -44.32% decrease year-over-year (Q4 2022).
What is Sonim’s revenue growth rate?
Sonim's revenue growth rate for the last 3 years (2021-2023) was 71.58%, and for the last 5 years (2019-2023) was -19.46%.
What are Sonim’s revenue streams?
Sonim's revenue streams in c 21 are Smartphones, Accessories And Other, and Feature Phones. Smartphones generated $14.79M in revenue, accounting 27.11% of the company's total revenue, down -42.84% year-over-year. Accessories And Other generated $2.05M in revenue, accounting 3.76% of the company's total revenue, down -26.15% year-over-year. Feature Phones generated $37.72M in revenue, accounting 69.13% of the company's total revenue, up 6.77% year-over-year.
What is Sonim’s main source of revenue?
For the fiscal year ending Dec 21, the largest source of revenue of Sonim was Feature Phones. This segment made a revenue of $37.72M, representing 69.13% of the company's total revenue.