Sapiens (SPNS) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $514.58M | 8.39% |
| 2022-12-31 | $474.74M | 2.97% |
| 2021-12-31 | $461.04M | 20.41% |
| 2020-12-31 | $382.90M | 17.57% |
| 2019-12-31 | $325.67M | 12.41% |
| 2018-12-31 | $289.71M | 7.62% |
| 2017-12-31 | $269.19M | 24.52% |
| 2016-12-31 | $216.19M | 16.46% |
| 2015-12-31 | $185.64M | 17.90% |
| 2014-12-31 | $157.45M | 16.30% |
| 2013-12-31 | $135.38M | 18.85% |
| 2012-12-31 | $113.91M | 62.90% |
| 2011-12-31 | $69.93M | 33.87% |
| 2010-12-31 | $52.23M | 14.31% |
| 2009-12-31 | $45.70M | 4.96% |
| 2008-12-31 | $43.53M | 2.69% |
| 2007-12-31 | $42.40M | -4.32% |
| 2006-12-31 | $44.31M | 12.45% |
| 2005-12-31 | $39.40M | -17.57% |
| 2004-12-31 | $47.80M | -8.63% |
| 2003-12-31 | $52.32M | -19.30% |
| 2002-12-31 | $64.83M | 2.20% |
| 2001-12-31 | $63.44M | -12.80% |
| 2000-12-31 | $72.74M | -20.78% |
| 1999-12-31 | $91.83M | 29.34% |
| 1998-12-31 | $71.00M | 59.19% |
| 1997-12-31 | $44.60M | 14.36% |
| 1996-12-31 | $39.00M | -2.26% |
| 1995-12-31 | $39.90M | -37.75% |
| 1993-12-31 | $64.10M | 69.58% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $134.25M | 2.59% |
| 2023-12-31 | $130.86M | 0.12% |
| 2023-09-30 | $130.71M | 1.88% |
| 2023-06-30 | $128.30M | 2.87% |
| 2023-03-31 | $124.72M | 4.40% |
| 2022-12-31 | $119.46M | 0.39% |
| 2022-09-30 | $119.00M | 0.35% |
| 2022-06-30 | $118.58M | 0.75% |
| 2022-03-31 | $117.69M | -1.28% |
| 2021-12-31 | $119.22M | 1.20% |
| 2021-09-30 | $117.81M | 2.98% |
| 2021-06-30 | $114.41M | 4.39% |
| 2021-03-31 | $109.59M | 7.80% |
| 2020-12-31 | $101.66M | 4.11% |
| 2020-09-30 | $97.64M | 4.92% |
| 2020-06-30 | $93.06M | 2.79% |
| 2020-03-31 | $90.53M | 4.40% |
| 2019-12-31 | $86.72M | 4.93% |
| 2019-09-30 | $82.64M | 3.92% |
| 2019-06-30 | $79.53M | 3.57% |
| 2019-03-31 | $76.79M | 4.74% |
| 2018-12-31 | $73.31M | 0.10% |
| 2018-09-30 | $73.24M | 1.49% |
| 2018-06-30 | $72.16M | 1.52% |
| 2018-03-31 | $71.08M | -0.72% |
| 2017-12-31 | $71.60M | -0.57% |
| 2017-09-30 | $72.01M | 4.29% |
| 2017-06-30 | $69.05M | 22.14% |
| 2017-03-31 | $56.53M | -1.01% |
| 2016-12-31 | $57.11M | 1.12% |
| 2016-09-30 | $56.48M | 6.51% |
| 2016-06-30 | $53.03M | 6.99% |
| 2016-03-31 | $49.57M | 1.83% |
| 2015-12-31 | $48.67M | 3.48% |
| 2015-09-30 | $47.03M | 8.29% |
| 2015-06-30 | $43.44M | 5.91% |
| 2015-03-31 | $41.01M | -1.82% |
| 2014-12-31 | $41.77M | 3.40% |
| 2014-09-30 | $40.40M | 4.52% |
| 2014-06-30 | $38.65M | 5.52% |
| 2014-03-31 | $36.63M | 1.20% |
| 2013-12-31 | $36.19M | 4.56% |
| 2013-09-30 | $34.61M | 4.68% |
| 2013-06-30 | $33.06M | 4.94% |
| 2013-03-31 | $31.51M | 1.08% |
| 2012-12-31 | $31.17M | 5.40% |
| 2012-09-30 | $29.57M | 8.80% |
| 2012-06-30 | $27.18M | 4.61% |
| 2012-03-31 | $25.98M | 5.68% |
| 2011-12-31 | $24.59M | 38.46% |
| 2011-09-30 | $17.76M | 24.54% |
| 2011-06-30 | $14.26M | 7.00% |
| 2011-03-31 | $13.32M | -9.15% |
| 2010-12-31 | $14.67M | 11.55% |
| 2010-09-30 | $13.15M | 5.21% |
| 2010-06-30 | $12.50M | 4.81% |
| 2010-03-31 | $11.92M | 1.33% |
| 2009-12-31 | $11.77M | -9.14% |
| 2009-09-30 | $12.95M | 26.56% |
| 2009-06-30 | $10.23M | -4.76% |
| 2009-03-31 | $10.74M | -2.39% |
| 2008-12-31 | $11.01M | -0.15% |
| 2008-09-30 | $11.02M | 0.11% |
| 2008-06-30 | $11.01M | 4.97% |
| 2008-03-31 | $10.49M | 3.10% |
| 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/Service | Dec 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
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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
| Country | Dec 20 | Jun 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PLUS | ePlus | $2.21B | $551.76M |
| MANH | Manhattan Associates | $928.73M | $265.32M |
| GWRE | Guidewire Software | $905.34M | $240.68M |
| PRGS | Progress Software | $694.44M | $175.08M |
| PYCR | Paycor HCM | $654.95M | $187.02M |
| ETWO | E2open Parent | $634.55M | $151.16M |
| APPF | AppFolio | $620.45M | $197.38M |
| SPNS | Sapiens | $514.58M | $134.25M |
| PRO | PROS | $303.71M | $82.01M |
| MLNK | MeridianLink | $303.62M | $78.68M |
| AGYS | Agilysys | $237.46M | $63.51M |
| ENFN | Enfusion | $174.53M | $49.45M |
| PDFS | PDF Solutions | $165.84M | $41.66M |
| AMSWA | American Software | $102.52M | $26.19M |
SPNS Revenue FAQ
What is Sapiens’s yearly revenue?
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.
What is Sapiens’s quarterly revenue?
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).
What is Sapiens’s revenue growth rate?
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%.
What are Sapiens’s revenue streams?
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
What is Sapiens’s main source of 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.