Sapiens (SPNS) Revenue & Revenue Breakdown


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Sapiens Revenue Highlights


Latest Revenue (Y)

$514.58M

Latest Revenue (Q)

$134.25M

Main Segment (Y)

Insurance Member

Main Geography (Y)

Europe

Sapiens Revenue by Period


Sapiens Revenue by Year

DateRevenueChange
2023-12-31$514.58M8.39%
2022-12-31$474.74M2.97%
2021-12-31$461.04M20.41%
2020-12-31$382.90M17.57%
2019-12-31$325.67M12.41%
2018-12-31$289.71M7.62%
2017-12-31$269.19M24.52%
2016-12-31$216.19M16.46%
2015-12-31$185.64M17.90%
2014-12-31$157.45M16.30%
2013-12-31$135.38M18.85%
2012-12-31$113.91M62.90%
2011-12-31$69.93M33.87%
2010-12-31$52.23M14.31%
2009-12-31$45.70M4.96%
2008-12-31$43.53M2.69%
2007-12-31$42.40M-4.32%
2006-12-31$44.31M12.45%
2005-12-31$39.40M-17.57%
2004-12-31$47.80M-8.63%
2003-12-31$52.32M-19.30%
2002-12-31$64.83M2.20%
2001-12-31$63.44M-12.80%
2000-12-31$72.74M-20.78%
1999-12-31$91.83M29.34%
1998-12-31$71.00M59.19%
1997-12-31$44.60M14.36%
1996-12-31$39.00M-2.26%
1995-12-31$39.90M-37.75%
1993-12-31$64.10M69.58%
1992-12-31$37.80M-

Sapiens generated $514.58M in revenue during NA 2023, up 8.39% compared to the previous quarter, and up 177.62% compared to the same period a year ago.

Sapiens Revenue by Quarter

DateRevenueChange
2024-03-31$134.25M2.59%
2023-12-31$130.86M0.12%
2023-09-30$130.71M1.88%
2023-06-30$128.30M2.87%
2023-03-31$124.72M4.40%
2022-12-31$119.46M0.39%
2022-09-30$119.00M0.35%
2022-06-30$118.58M0.75%
2022-03-31$117.69M-1.28%
2021-12-31$119.22M1.20%
2021-09-30$117.81M2.98%
2021-06-30$114.41M4.39%
2021-03-31$109.59M7.80%
2020-12-31$101.66M4.11%
2020-09-30$97.64M4.92%
2020-06-30$93.06M2.79%
2020-03-31$90.53M4.40%
2019-12-31$86.72M4.93%
2019-09-30$82.64M3.92%
2019-06-30$79.53M3.57%
2019-03-31$76.79M4.74%
2018-12-31$73.31M0.10%
2018-09-30$73.24M1.49%
2018-06-30$72.16M1.52%
2018-03-31$71.08M-0.72%
2017-12-31$71.60M-0.57%
2017-09-30$72.01M4.29%
2017-06-30$69.05M22.14%
2017-03-31$56.53M-1.01%
2016-12-31$57.11M1.12%
2016-09-30$56.48M6.51%
2016-06-30$53.03M6.99%
2016-03-31$49.57M1.83%
2015-12-31$48.67M3.48%
2015-09-30$47.03M8.29%
2015-06-30$43.44M5.91%
2015-03-31$41.01M-1.82%
2014-12-31$41.77M3.40%
2014-09-30$40.40M4.52%
2014-06-30$38.65M5.52%
2014-03-31$36.63M1.20%
2013-12-31$36.19M4.56%
2013-09-30$34.61M4.68%
2013-06-30$33.06M4.94%
2013-03-31$31.51M1.08%
2012-12-31$31.17M5.40%
2012-09-30$29.57M8.80%
2012-06-30$27.18M4.61%
2012-03-31$25.98M5.68%
2011-12-31$24.59M38.46%
2011-09-30$17.76M24.54%
2011-06-30$14.26M7.00%
2011-03-31$13.32M-9.15%
2010-12-31$14.67M11.55%
2010-09-30$13.15M5.21%
2010-06-30$12.50M4.81%
2010-03-31$11.92M1.33%
2009-12-31$11.77M-9.14%
2009-09-30$12.95M26.56%
2009-06-30$10.23M-4.76%
2009-03-31$10.74M-2.39%
2008-12-31$11.01M-0.15%
2008-09-30$11.02M0.11%
2008-06-30$11.01M4.97%
2008-03-31$10.49M3.10%
2007-12-31$10.18M-3.38%
2007-09-30$10.53M-

Sapiens generated $134.25M in revenue during Q1 2024, up 2.59% compared to the previous quarter, and up 112.38% compared to the same period a year ago.

Sapiens Revenue Breakdown


Sapiens Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23
All Other Member$22.06M
Insurance Member$492.75M

Sapiens's latest annual revenue breakdown by segment (product or service), as of Dec 23: Insurance Member (95.72%), and All Other Member (4.28%).

Sapiens Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Europe$257.21M----
North America$212.22M----
UNITED STATES-$195.92M---
RestOfTheWorldMember--$35.00M$22.98M-
EuropesMember--$237.05M$172.66M-
NorthAmericasMember--$188.98M$187.26M-
North Americas----$163.56M
South Africa----$13.21M
Asias Pacific----$15.05M
Europes----$133.85M

Sapiens's latest annual revenue breakdown by geography, as of Dec 23: Europe (54.79%), and North America (45.21%).

Quarterly Revenue by Country

CountryDec 20Jun 20
EuropesMember$91.40M$81.26M
NorthAmericasMember$96.08M$91.18M
RestOfWorldMember-$11.16M
TotalRevenuesMember-$183.60M

Sapiens's latest quarterly revenue breakdown by geography, as of Dec 20: NorthAmericasMember (51.25%), and EuropesMember (48.75%).

Sapiens Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PLUSePlus$2.21B$551.76M
GWREGuidewire Software$980.50M$240.68M
MANHManhattan Associates$928.73M$266.68M
PRGSProgress Software$694.44M$178.69M
PYCRPaycor HCM$654.95M$187.02M
ETWOE2open Parent$634.55M$151.16M
APPFAppFolio$620.45M$205.73M
SPNSSapiens$514.58M$134.25M
PROPROS$303.71M$82.70M
MLNKMeridianLink$303.62M$78.68M
AGYSAgilysys$237.46M$68.28M
ENFNEnfusion$174.53M$49.45M
PDFSPDF Solutions$165.84M$41.66M
AMSWAAmerican Software$102.52M$26.19M

SPNS Revenue FAQ


Sapiens's yearly revenue for 2023 was $514.58M, representing an increase of 8.39% compared to 2022. The company's yearly revenue for 2022 was $474.74M, representing an increase of 2.97% compared to 2021. SPNS's yearly revenue for 2021 was $461.04M, representing an increase of 20.41% compared to 2020.

Sapiens's quarterly revenue for Q1 2024 was $134.25M, a 2.59% increase from the previous quarter (Q4 2023), and a 7.64% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $130.86M, a 0.12% increase from the previous quarter (Q3 2023), and a 9.54% increase year-over-year (Q4 2022). SPNS's quarterly revenue for Q3 2023 was $130.7M, a 1.88% increase from the previous quarter (Q2 2023), and a 9.84% increase year-over-year (Q3 2022).

Sapiens's revenue growth rate for the last 3 years (2021-2023) was 11.61%, and for the last 5 years (2019-2023) was 58.01%.

Sapiens's revenue streams in c 23 are All Other Member, and Insurance Member. All Other Member generated $22.06M in revenue, accounting 4.28% of the company's total revenue Insurance Member generated $492.75M in revenue, accounting 95.72% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of Sapiens was Insurance Member. This segment made a revenue of $492.75M, representing 95.72% of the company's total revenue.