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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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Professional software development services member$700.00K$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
Subscription, maintenance and support services Member$25.60M$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

ShotSpotter's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Subscription, maintenance and support services Member (97.34%), and Professional software development services member (2.66%).

ShotSpotter Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
SOUTH AFRICA$1.90M$800.00K$900.00K$700.00K$1.00M
URUGUAY$1.90M----
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%), SOUTH AFRICA (2.01%), and URUGUAY (2.01%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
URUGUAY$300.00K$700.00K$600.00K-----------------
UNITED STATES$26.00M$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
SOUTH AFRICA$300.00K$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--

ShotSpotter's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (97.74%), URUGUAY (1.13%), and SOUTH AFRICA (1.13%).

ShotSpotter Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
BLKBBlackbaud$1.11B$286.73M
PYCRPaycor HCM$654.95M$167.48M
ETWOE2open Parent$634.55M$151.16M
PROPROS$303.71M$82.70M
MLNKMeridianLink$303.62M$80.37M
ENFNEnfusion$174.53M$51.17M
ONTFON24$163.71M$37.35M
EGANeGain$92.80M$21.80M
SSTIShotSpotter$92.72M$26.96M
RSSSResearch Solutions$20.37M$12.04B

SSTI Revenue FAQ

What is ShotSpotter’s yearly revenue?

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.

What is ShotSpotter’s quarterly revenue?

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).

What is ShotSpotter’s revenue growth rate?

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%.

What are ShotSpotter’s revenue streams?

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.

What is ShotSpotter’s main source of revenue?

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.