Tantech (TANH) Revenue & Revenue Breakdown


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Tantech Revenue Highlights


Latest Revenue (Y)

$47.32M

Latest Revenue (Q)

$27.58M

Main Segment (Y)

Consumer Product

Main Geography (Y)

Foreign Countries

Tantech Revenue by Period


Tantech Revenue by Year

DateRevenueChange
2023-12-31$47.32M-11.54%
2022-12-31$53.49M-3.21%
2021-12-31$55.26M30.70%
2020-12-31$42.28M-14.11%
2019-12-31$49.23M66.54%
2018-12-31$29.56M-31.39%
2017-12-31$43.08M-9.61%
2016-12-31$47.67M-18.98%
2015-12-31$58.83M-10.17%
2014-12-31$65.49M6.98%
2013-12-31$61.22M21.18%
2012-12-31$50.52M-

Tantech generated $47.32M in revenue during NA 2023, up -11.54% compared to the previous quarter, and up 160.07% compared to the same period a year ago.

Tantech Revenue by Quarter

DateRevenueChange
2023-12-31$27.58M39.69%
2023-06-30$19.74M-25.40%
2022-12-31$26.46M-2.08%
2022-06-30$27.03M-99.95%
2021-12-31$55.19B267389.22%
2021-06-30$20.63M-99.95%
2020-12-31$42.21B184312.18%
2020-06-30$22.89M-19.06%
2019-12-31$28.28M34.98%
2019-06-30$20.95M54.33%
2018-12-31$13.58M-15.08%
2018-06-30$15.99M-47.82%
2017-12-31$30.64M146.20%
2017-06-30$12.45M-49.97%
2016-12-31$24.88M9.17%
2016-06-30$22.79M-19.86%
2015-12-31$28.44M-6.45%
2015-06-30$30.39M-20.55%
2014-12-31$38.26M40.48%
2014-06-30$27.23M-27.25%
2013-12-31$37.44M124.99%
2013-09-30$16.64M-30.03%
2013-06-30$23.78M-

Tantech generated $27.58M in revenue during Q4 2023, up 39.69% compared to the previous quarter, and up 133.65% compared to the same period a year ago.

Tantech Revenue Breakdown


Tantech Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 20Dec 19Dec 18
Ev$395.47K$843.64K-
Trading$11.81M$2.27M$3.29M
Consumer Product$25.60M$40.14M-
EV--$3.89M
Consumer product--$14.35M

Tantech's latest annual revenue breakdown by segment (product or service), as of Dec 20: Consumer Product (67.71%), Trading (31.25%), and Ev (1.05%).

Quarterly Revenue by Product

Product/ServiceJun 21Jun 20
Ev$114.26K$397.76K
Consumer Product$16.55M$13.11M
Trading-$6.31M

Tantech's latest quarterly revenue breakdown by segment (product or service), as of Jun 21: Consumer Product (99.31%), and Ev (0.69%).

Tantech Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19Dec 18
Foreign Countries$14.42K----
CHINA-$55.26M$29.56M--
C--$42.28M$49.23M-

Tantech's latest annual revenue breakdown by geography, as of Dec 22: Foreign Countries (100.00%).

Quarterly Revenue by Country

CountryJun 21Jun 20
Consumer Product$16.55M-
Ev$114.26K-
Foreign Countries--
C$20.63M$22.89M

Tantech's latest quarterly revenue breakdown by geography, as of Jun 21: C (55.33%), Consumer Product (44.37%), and Ev (0.31%).

Tantech Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
COTYCoty$6.12B$1.39B
YSGYatsen$3.41B$773.36M
EPCEdgewell Personal Care Company$2.25B$647.80M
HELEHelen of Troy$2.01B$416.66M
NUSNu Skin Enterprises$1.97B$439.08M
GROVGrove Collaborative$259.28M$52.10M
MTEXMannatech$131.96M$29.39M
TANHTantech$47.32M$27.58M
UGUnited-Guardian$10.89M$3.39M
IPARInter Parfums-$342.23M

TANH Revenue FAQ


Tantech's yearly revenue for 2023 was $47.32M, representing a decrease of -11.54% compared to 2022. The company's yearly revenue for 2022 was $53.49M, representing a decrease of -3.21% compared to 2021. TANH's yearly revenue for 2021 was $55.26M, representing an increase of 30.70% compared to 2020.

Tantech's quarterly revenue for Q4 2023 was $27.58M, a 39.69% increase from the previous quarter (Q2 2023), and a -99.95% decrease year-over-year (Q4 2021). The company's quarterly revenue for Q2 2023 was $19.74M, a -25.40% decrease from the previous quarter (Q4 2022), and a -4.32% decrease year-over-year (Q2 2021). TANH's quarterly revenue for Q4 2022 was $26.46M, a -2.08% decrease from the previous quarter (Q2 2022), and a -99.94% decrease year-over-year (Q4 2020).

Tantech's revenue growth rate for the last 3 years (2021-2023) was -14.38%, and for the last 5 years (2019-2023) was -3.88%.

Tantech's revenue streams in c 20 are Ev, Trading, and Consumer Product. Ev generated $395.47K in revenue, accounting 1.05% of the company's total revenue, down -53.12% year-over-year. Trading generated $11.81M in revenue, accounting 31.25% of the company's total revenue, up 420.22% year-over-year. Consumer Product generated $25.6M in revenue, accounting 67.71% of the company's total revenue, down -36.22% year-over-year.

For the fiscal year ending Dec 20, the largest source of revenue of Tantech was Consumer Product. This segment made a revenue of $25.6M, representing 67.71% of the company's total revenue.