ShotSpotter (SSTI) Revenue & Revenue Breakdown


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ShotSpotter Revenue Highlights


Latest Revenue (Y)

$92.72M

Latest Revenue (Q)

$26.96M

Main Segment (Y)

Subscription, maintenance and support services Member

Main Geography (Y)

UNITED STATES

ShotSpotter Revenue by Period


ShotSpotter Revenue by Year

DateRevenueChange
2023-12-31$92.72M14.46%
2022-12-31$81.00M39.29%
2021-12-31$58.16M27.16%
2020-12-31$45.73M12.23%
2019-12-31$40.75M17.26%
2018-12-31$34.75M46.25%
2017-12-31$23.76M53.24%
2016-12-31$15.51M31.52%
2015-12-31$11.79M-

ShotSpotter generated $92.72M in revenue during NA 2023, up 14.46% compared to the previous quarter, and up 266.79% compared to the same period a year ago.

ShotSpotter Revenue by Quarter

DateRevenueChange
2024-06-30$26.96M6.10%
2024-03-31$25.41M-2.44%
2023-12-31$26.05M8.62%
2023-09-30$23.98M8.62%
2023-06-30$22.07M7.06%
2023-03-31$20.62M-1.80%
2022-12-31$21.00M11.84%
2022-09-30$18.77M-6.20%
2022-06-30$20.02M-5.65%
2022-03-31$21.21M51.84%
2021-12-31$13.97M-3.96%
2021-09-30$14.55M-0.53%
2021-06-30$14.62M-2.59%
2021-03-31$15.01M18.69%
2020-12-31$12.65M11.44%
2020-09-30$11.35M0.65%
2020-06-30$11.28M7.83%
2020-03-31$10.46M-4.19%
2019-12-31$10.91M9.32%
2019-09-30$9.98M-2.69%
2019-06-30$10.26M6.95%
2019-03-31$9.59M-1.18%
2018-12-31$9.71M5.40%
2018-09-30$9.21M3.18%
2018-06-30$8.93M29.25%
2018-03-31$6.91M5.95%
2017-12-31$6.52M-4.78%
2017-09-30$6.85M17.31%
2017-06-30$5.84M27.93%
2017-03-31$4.56M0.24%
2016-12-31$4.55M14.43%
2016-09-30$3.98M1.07%
2016-06-30$3.94M29.27%
2016-03-31$3.04M-

ShotSpotter generated $26.96M in revenue during Q2 2024, up 6.10% compared to the previous quarter, and up 130.75% compared to the same period a year ago.

ShotSpotter Revenue Breakdown


ShotSpotter Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Professional software development services member$5.20M$5.60M$3.40M
Subscription, maintenance and support services Member$87.50M$75.40M$54.70M

ShotSpotter's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription, maintenance and support services Member (94.39%), and Professional software development services member (5.61%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Subscription, maintenance and support services Member$26.00M$25.30M$24.60M$22.50M$20.90M$19.50M$20.30M$18.20M$17.80M$19.00M$13.60M$14.20M$13.60M$13.30M
Professional software development services member$1.00M$100.00K$1.40M$1.50M$1.20M$1.10M$700.00K$600.00K$2.20M$2.20M$400.00K$300.00K$1.00M$1.70M

ShotSpotter's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Subscription, maintenance and support services Member (96.30%), and Professional software development services member (3.70%).

ShotSpotter Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
URUGUAY$1.90M----
SOUTH AFRICA$1.90M$800.00K$900.00K$700.00K$1.00M
UNITED STATES$90.80M$80.20M$57.30M$45.00M$39.70M

ShotSpotter's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (95.98%), URUGUAY (2.01%), and SOUTH AFRICA (2.01%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
SOUTH AFRICA$700.00K$600.00K$500.00K$500.00K$500.00K$400.00K$100.00K$200.00K$200.00K$400.00K$400.00K$200.00K$200.00K$200.00K$200.00K$200.00K$100.00K$200.00K--
URUGUAY$700.00K$600.00K------------------
UNITED STATES$26.30M$24.80M$25.50M$23.50M$21.60M$20.20M$20.90M$18.60M$19.80M$20.80M$13.70M$14.30M$14.40M$14.80M$12.40M$11.20M$11.10M$10.30M$10.80M$9.80M

ShotSpotter's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (94.95%), SOUTH AFRICA (2.53%), and URUGUAY (2.53%).

ShotSpotter Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BLKBBlackbaud$1.11B$286.73M
PYCRPaycor HCM$654.95M$187.02M
ETWOE2open Parent$634.55M$151.16M
CVTCvent$630.56M$166.21M
PROPROS$303.71M$82.70M
MLNKMeridianLink$303.62M$78.68M
ENFNEnfusion$174.53M$49.45M
ONTFON24$163.71M$37.35M
EGANeGain$92.80M$22.35M
SSTIShotSpotter$92.72M$26.96M
RSSSResearch Solutions$20.37M$12.12M
PCYGReposiTrak$19.10M$5.08M

SSTI Revenue FAQ


ShotSpotter's yearly revenue for 2023 was $92.72M, representing an increase of 14.46% compared to 2022. The company's yearly revenue for 2022 was $81M, representing an increase of 39.29% compared to 2021. SSTI's yearly revenue for 2021 was $58.16M, representing an increase of 27.16% compared to 2020.

ShotSpotter's quarterly revenue for Q2 2024 was $26.96M, a 6.10% increase from the previous quarter (Q1 2024), and a 22.13% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $25.41M, a -2.44% decrease from the previous quarter (Q4 2023), and a 23.23% increase year-over-year (Q1 2023). SSTI's quarterly revenue for Q4 2023 was $26.04M, a 8.62% increase from the previous quarter (Q3 2023), and a 24.04% increase year-over-year (Q4 2022).

ShotSpotter's revenue growth rate for the last 3 years (2021-2023) was 59.43%, and for the last 5 years (2019-2023) was 127.52%.

ShotSpotter's revenue streams in c 23 are Professional software development services member, and Subscription, maintenance and support services Member. Professional software development services member generated $5.2M in revenue, accounting 5.61% of the company's total revenue, down -7.14% year-over-year. Subscription, maintenance and support services Member generated $87.5M in revenue, accounting 94.39% of the company's total revenue, up 16.05% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of ShotSpotter was Subscription, maintenance and support services Member. This segment made a revenue of $87.5M, representing 94.39% of the company's total revenue.