Sequans Communications (SQNS) Revenue & Revenue Breakdown


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Sequans Communications Revenue Highlights


Latest Revenue (Y)

$33.62M

Latest Revenue (Q)

$6.03M

Main Segment (Y)

License fee

Main Geography (Y)

Asia

Sequans Communications Revenue by Period


Sequans Communications Revenue by Year

DateRevenueChange
2023-12-31$33.62M-44.48%
2022-12-31$60.55M19.01%
2021-12-31$50.88M-0.07%
2020-12-31$50.92M64.97%
2019-12-31$30.86M-23.32%
2018-12-31$40.25M-16.60%
2017-12-31$48.26M5.89%
2016-12-31$45.58M39.35%
2015-12-31$32.71M44.72%
2014-12-31$22.60M64.83%
2013-12-31$13.71M-38.38%
2012-12-31$22.25M-76.25%
2011-12-31$93.71M36.72%
2010-12-31$68.54M250.50%
2009-12-31$19.56M-14.02%
2008-12-31$22.74M-

Sequans Communications generated $33.62M in revenue during NA 2023, up -44.48% compared to the previous quarter, and up 83.52% compared to the same period a year ago.

Sequans Communications Revenue by Quarter

DateRevenueChange
2024-03-31$6.03M26.27%
2023-12-31$4.77M-38.70%
2023-09-30$7.79M-14.98%
2023-06-30$9.16M-23.04%
2023-03-31$11.90M-25.22%
2022-12-31$15.91M-3.73%
2022-09-30$16.53M16.22%
2022-06-30$14.22M2.38%
2022-03-31$13.89M0.59%
2021-12-31$13.81M16.14%
2021-09-30$11.89M-7.51%
2021-06-30$12.86M4.35%
2021-03-31$12.32M-21.97%
2020-12-31$15.79M11.82%
2020-09-30$14.12M15.46%
2020-06-30$12.23M39.43%
2020-03-31$8.77M-4.30%
2019-12-31$9.17M22.70%
2019-09-30$7.47M-7.80%
2019-06-30$8.10M15.12%
2019-03-31$7.04M15.89%
2018-12-31$6.07M-40.95%
2018-09-30$10.29M-18.75%
2018-06-30$12.66M12.68%
2018-03-31$11.23M-0.73%
2017-12-31$11.32M0.16%
2017-09-30$11.30M-14.51%
2017-06-30$13.22M6.33%
2017-03-31$12.43M-10.92%
2016-12-31$13.95M12.01%
2016-09-30$12.46M26.03%
2016-06-30$9.88M6.45%
2016-03-31$9.29M-14.58%
2015-12-31$10.87M16.16%
2015-09-30$9.36M24.84%
2015-06-30$7.50M55.91%
2015-03-31$4.81M-26.84%
2014-12-31$6.57M1.77%
2014-09-30$6.46M27.43%
2014-06-30$5.07M12.52%
2014-03-31$4.50M-9.81%
2013-12-31$4.99M22.73%
2013-09-30$4.07M73.37%
2013-06-30$2.35M1.95%
2013-03-31$2.30M-26.45%
2012-12-31$3.13M-60.79%
2012-09-30$7.98M13.46%
2012-06-30$7.04M71.29%
2012-03-31$4.11M-64.25%
2011-12-31$11.49M-56.21%
2011-09-30$26.23M-14.30%
2011-06-30$30.61M20.55%
2011-03-31$25.39M11.04%
2010-12-31$22.86M21.21%
2010-09-30$18.86M13.38%
2010-06-30$16.64M63.47%
2010-03-31$10.18M-

Sequans Communications generated $6.03M in revenue during Q1 2024, up 26.27% compared to the previous quarter, and up 37.88% compared to the same period a year ago.

Sequans Communications Revenue Breakdown


Sequans Communications Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Technology, IOT$11.77M$24.37M$27.18M$14.90M$12.82M
License fee$23.00M----
Development And Other Services$2.56M$12.65M$6.34M--
Product$8.06M$22.97M$30.41M$37.92M$21.95M
Technology, Broadband$21.84M$36.18M$23.70M$25.46M$10.43M
Development Services-$4.50M---
Technology, Vertical---$10.56M$7.62M
License---$350.00K$2.58M

Sequans Communications's latest annual revenue breakdown by segment (product or service), as of Dec 23: License fee (34.21%), Technology, Broadband (32.49%), Technology, IOT (17.51%), Product (11.99%), and Development And Other Services (3.81%).

Quarterly Revenue by Product

Product/ServiceJun 21Sep 20
Technology, Vertical$7.02M$9.04M
Product Revenue$15.94M-
Development And Other Services$8.94M$9.27M
License$300.00K-
Technology, Broadband and Critical IoT$4.09M$17.44M
Technology, Massive IoT$14.07M$8.64M
Product-$25.86M

Sequans Communications's latest quarterly revenue breakdown by segment (product or service), as of Jun 21: Product Revenue (31.66%), Technology, Massive IoT (27.94%), Development And Other Services (17.75%), Technology, Vertical (13.94%), Technology, Broadband and Critical IoT (8.12%), and License (0.60%).

Sequans Communications Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Asia Pacific$62.00K$2.20M$898.00K$53.00K$106.00K
UNITED STATES$8.67M$16.75M$22.57M$13.34M-
TAIWAN$29.00K$1.07M---
KOREA, REPUBLIC OF$30.00K$8.00K$1.09M$23.08M$6.81M
GERMANY$1.00M$15.53M$4.99M--
Europe, Middle East, And Africa$2.13M$983.00K$3.16M$3.46M-
CHINA$21.70M$24.02M$3.51M$501.00K$2.14M
Asia$21.82M$27.29M$20.16M$34.12M$20.45M
TAIWAN, PROVINCE OF CHINA--$14.67M$10.49M$11.39M

Sequans Communications's latest annual revenue breakdown by geography, as of Dec 23: Asia (39.36%), CHINA (39.15%), UNITED STATES (15.63%), Europe, Middle East, And Africa (3.83%), GERMANY (1.81%), Asia Pacific (0.11%), KOREA, REPUBLIC OF (0.05%), and TAIWAN (0.05%).

Quarterly Revenue by Country

CountryDec 21Jun 21Sep 20
KOREA, REPUBLIC OF$1.00K$1.09M$15.84M
UNITED STATES$10.71M$11.85M$9.43M
TAIWAN, PROVINCE OF CHINA$5.98M$8.69M$7.56M
Asia Pacific$231.00K$667.00K$48.00K
Asia$9.72M$10.45M$23.83M
License-$300.00K-
Development And Other Services-$8.94M-
Product Revenue-$15.94M-
Technology, Vertical-$7.02M-
Technology, Massive IoT-$14.07M-
Technology, Broadband and Critical IoT-$4.09M-
Rest Of World-$2.88M-
CHINA--$387.00K
Other Countries, Excluding USA And Asia--$1.87M

Sequans Communications's latest quarterly revenue breakdown by geography, as of Dec 21: UNITED STATES (40.22%), Asia (36.48%), TAIWAN, PROVINCE OF CHINA (22.43%), Asia Pacific (0.87%), and KOREA, REPUBLIC OF (0.00%).

Sequans Communications Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AMKRAmkor$6.50B$1.86B
SYNASynaptics$959.40M$257.70M
SLABSilicon Laboratories$782.26M$166.40M
MTSIMACOM Technology Solutions$729.58M$190.49M
MXLMaxLinear$693.26M$81.10M
FORMFormFactor$663.10M$207.92M
AOSLAlpha and Omega Semiconductor$657.27M$181.89M
POWIPower Integrations$444.54M$106.20M
MXMagnachip Semiconductor$230.05M$65.93M
LASRnLIGHT$209.92M$56.13M
CEVACEVA$97.42M$27.21M
VLNValens Semiconductor$84.16M$11.56M
NVTSNavitas Semiconductor$79.46M$21.68M
MRAMEverspin$63.77M$12.09M
SQNSSequans Communications$33.62M$6.03M
QUIKQuickLogic$21.20M$4.27M

SQNS Revenue FAQ


What is Sequans Communications’s yearly revenue?

Sequans Communications's yearly revenue for 2023 was $33.62M, representing a decrease of -44.48% compared to 2022. The company's yearly revenue for 2022 was $60.55M, representing an increase of 19.01% compared to 2021. SQNS's yearly revenue for 2021 was $50.88M, representing a decrease of -0.07% compared to 2020.

What is Sequans Communications’s quarterly revenue?

Sequans Communications's quarterly revenue for Q1 2024 was $6.03M, a 26.27% increase from the previous quarter (Q4 2023), and a -49.35% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $4.77M, a -38.70% decrease from the previous quarter (Q3 2023), and a -70.00% decrease year-over-year (Q4 2022). SQNS's quarterly revenue for Q3 2023 was $7.79M, a -14.98% decrease from the previous quarter (Q2 2023), and a -52.89% decrease year-over-year (Q3 2022).

What is Sequans Communications’s revenue growth rate?

Sequans Communications's revenue growth rate for the last 3 years (2021-2023) was -33.93%, and for the last 5 years (2019-2023) was 8.92%.

What are Sequans Communications’s revenue streams?

Sequans Communications's revenue streams in c 23 are Technology, IOT, License fee, Development And Other Services, Product, and Technology, Broadband. Technology, IOT generated $11.77M in revenue, accounting 17.51% of the company's total revenue, down -51.69% year-over-year. License fee generated $23M in revenue, accounting 34.21% of the company's total revenue Development And Other Services generated $2.56M in revenue, accounting 3.81% of the company's total revenue, down -79.77% year-over-year. Product generated $8.06M in revenue, accounting 11.99% of the company's total revenue, down -64.92% year-over-year. Technology, Broadband generated $21.84M in revenue, accounting 32.49% of the company's total revenue, down -39.63% year-over-year.

What is Sequans Communications’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Sequans Communications was License fee. This segment made a revenue of $23M, representing 34.21% of the company's total revenue.