Sequans Communications (SQNS) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $33.62M | -44.48% |
| 2022-12-31 | $60.55M | 19.01% |
| 2021-12-31 | $50.88M | -0.07% |
| 2020-12-31 | $50.92M | 64.97% |
| 2019-12-31 | $30.86M | -23.32% |
| 2018-12-31 | $40.25M | -16.60% |
| 2017-12-31 | $48.26M | 5.89% |
| 2016-12-31 | $45.58M | 39.35% |
| 2015-12-31 | $32.71M | 44.72% |
| 2014-12-31 | $22.60M | 64.83% |
| 2013-12-31 | $13.71M | -38.38% |
| 2012-12-31 | $22.25M | -76.25% |
| 2011-12-31 | $93.71M | 36.72% |
| 2010-12-31 | $68.54M | 250.50% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $6.03M | 26.27% |
| 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 | $16.53M | 16.22% |
| 2022-06-30 | $14.22M | 2.38% |
| 2022-03-31 | $13.89M | 0.59% |
| 2021-12-31 | $13.81M | 16.14% |
| 2021-09-30 | $11.89M | -7.51% |
| 2021-06-30 | $12.86M | 4.35% |
| 2021-03-31 | $12.32M | -21.97% |
| 2020-12-31 | $15.79M | 11.82% |
| 2020-09-30 | $14.12M | 15.46% |
| 2020-06-30 | $12.23M | 39.43% |
| 2020-03-31 | $8.77M | -4.30% |
| 2019-12-31 | $9.17M | 22.70% |
| 2019-09-30 | $7.47M | -7.80% |
| 2019-06-30 | $8.10M | 15.12% |
| 2019-03-31 | $7.04M | 15.89% |
| 2018-12-31 | $6.07M | -40.95% |
| 2018-09-30 | $10.29M | -18.75% |
| 2018-06-30 | $12.66M | 12.68% |
| 2018-03-31 | $11.23M | -0.73% |
| 2017-12-31 | $11.32M | 0.16% |
| 2017-09-30 | $11.30M | -14.51% |
| 2017-06-30 | $13.22M | 6.33% |
| 2017-03-31 | $12.43M | -10.92% |
| 2016-12-31 | $13.95M | 12.01% |
| 2016-09-30 | $12.46M | 26.03% |
| 2016-06-30 | $9.88M | 6.45% |
| 2016-03-31 | $9.29M | -14.58% |
| 2015-12-31 | $10.87M | 16.16% |
| 2015-09-30 | $9.36M | 24.84% |
| 2015-06-30 | $7.50M | 55.91% |
| 2015-03-31 | $4.81M | -26.84% |
| 2014-12-31 | $6.57M | 1.77% |
| 2014-09-30 | $6.46M | 27.43% |
| 2014-06-30 | $5.07M | 12.52% |
| 2014-03-31 | $4.50M | -9.81% |
| 2013-12-31 | $4.99M | 22.73% |
| 2013-09-30 | $4.07M | 73.37% |
| 2013-06-30 | $2.35M | 1.95% |
| 2013-03-31 | $2.30M | -26.45% |
| 2012-12-31 | $3.13M | -60.79% |
| 2012-09-30 | $7.98M | 13.46% |
| 2012-06-30 | $7.04M | 71.29% |
| 2012-03-31 | $4.11M | -64.25% |
| 2011-12-31 | $11.49M | -56.21% |
| 2011-09-30 | $26.23M | -14.30% |
| 2011-06-30 | $30.61M | 20.55% |
| 2011-03-31 | $25.39M | 11.04% |
| 2010-12-31 | $22.86M | 21.21% |
| 2010-09-30 | $18.86M | 13.38% |
| 2010-06-30 | $16.64M | 63.47% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Jun 21 | Sep 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
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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
| Country | Dec 21 | Jun 21 | Sep 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AMKR | Amkor | $6.50B | $1.46B |
| SYNA | Synaptics | $959.40M | $237.30M |
| SLAB | Silicon Laboratories | $782.26M | $145.37M |
| MXL | MaxLinear | $693.26M | $91.99M |
| FORM | FormFactor | $663.10M | $197.47M |
| AOSL | Alpha and Omega Semiconductor | $657.27M | $150.06M |
| MTSI | MACOM Technology Solutions | $648.41M | $190.49M |
| POWI | Power Integrations | $444.54M | $106.20M |
| MX | Magnachip Semiconductor | $230.05M | $53.17M |
| LASR | nLIGHT | $209.92M | $50.51M |
| CEVA | CEVA | $97.42M | $28.44M |
| VLN | Valens Semiconductor | $84.16M | $11.56M |
| NVTS | Navitas Semiconductor | $79.46M | $20.47M |
| MRAM | Everspin | $63.77M | $10.64M |
| SQNS | Sequans Communications | $33.62M | $6.03M |
| QUIK | QuickLogic | $21.20M | $4.13M |
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.