Sonim (SONM) Revenue & Revenue Breakdown


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Sonim Revenue Highlights


Latest Revenue (Y)

$93.63M

Latest Revenue (Q)

$15.02M

Main Segment (Y)

Feature Phones

Main Geography (Y)

UNITED STATES

Sonim Revenue by Period


Sonim Revenue by Year

DateRevenueChange
2023-12-31$93.63M34.09%
2022-12-31$69.83M27.96%
2021-12-31$54.57M-14.72%
2020-12-31$63.99M-44.95%
2019-12-31$116.25M-14.31%
2018-12-31$135.66M129.82%
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

DateRevenueChange
2024-09-30$15.02M30.44%
2024-06-30$11.52M-31.35%
2024-03-31$16.78M24.91%
2023-12-31$13.43M-51.28%
2023-09-30$27.57M2.72%
2023-06-30$26.84M4.01%
2023-03-31$25.80M6.98%
2022-12-31$24.12M17.67%
2022-09-30$20.50M71.45%
2022-06-30$11.96M-9.83%
2022-03-31$13.26M-16.78%
2021-12-31$15.93M10.29%
2021-09-30$14.45M20.84%
2021-06-30$11.95M-2.34%
2021-03-31$12.24M-22.70%
2020-12-31$15.84M10.02%
2020-09-30$14.39M-31.65%
2020-06-30$21.06M65.73%
2020-03-31$12.71M-26.00%
2019-12-31$17.17M-40.49%
2019-09-30$28.85M-34.05%
2019-06-30$43.75M65.18%
2019-03-31$26.48M-43.08%
2018-12-31$46.53M17.80%
2018-09-30$39.50M25.59%
2018-06-30$31.45M72.90%
2018-03-31$18.19M-

Sonim generated $15.02M in revenue during Q3 2024, up 30.44% compared to the previous quarter, and up 55.98% compared to the same period a year ago.

Sonim Revenue Breakdown


Sonim Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 21Dec 20Dec 19
Feature Phones$37.72M$35.33M$52.71M
Smartphones$14.79M$25.88M$57.98M
Accessories And Other$2.05M$2.78M$5.56M

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/ServiceSep 24Mar 24Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19
Feature Phones$6.78M$3.35M$8.84M$11.99M$11.40M$7.78M$6.56M$7.27M$8.32M$13.84M$5.90M---
Accessories and Other$285.00K$188.00K------------
Smartphones$7.96M$5.58M$3.59M$3.68M$2.80M$3.95M$4.37M$7.84M$5.68M$6.14M$6.22M---
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 Sep 24: Smartphones (52.97%), Feature Phones (45.13%), and Accessories and Other (1.90%).

Sonim Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 21Dec 20Dec 19
Europe And Middle East$1.14M$1.98M$5.31M
Accessories And Other$2.05M--
Canada And Latin America$9.40M$14.23M$17.40M
Asia Pacific$1.67M$1.68M$2.95M
Feature Phones$37.72M--
Smartphones$14.79M--
UNITED STATES$42.36M$46.11M$90.60M

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

CountrySep 24Mar 24Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19
Europe and Middle East$77.00K$41.00K------------
Canada$3.18M$1.81M------------
Asia Pacific$98.00K$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
United States$11.67M$7.27M------------
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
Smartphones--$3.59M-----------
Feature Phones--$8.84M-----------
Accessories And Other--$833.00K-----------
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 Sep 24: United States (77.67%), Canada (21.17%), Asia Pacific (0.65%), and Europe and Middle East (0.51%).

Sonim Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FAMIFarmmi$110.36M$49.82M
SONMSonim$93.63M$15.02M
BRQSBorqs$52.54M$-11.45M
PBTSX3$10.48M$1.73M
METXBTC Digital$9.07M$2.56M
SONNSonnet BioTherapeutics$147.81K-

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 Q3 2024 was $15.02M, a 30.44% increase from the previous quarter (Q2 2024), and a -45.51% decrease year-over-year (Q3 2023). The company'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). SONM'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).

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 Feature Phones, Smartphones, and Accessories And Other. Feature Phones generated $37.72M in revenue, accounting 69.13% of the company's total revenue, up 6.77% year-over-year. 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.

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.