ToughBuilt Industries (TBLT) Revenue & Revenue Breakdown


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ToughBuilt Industries Revenue Highlights


Latest Revenue (Y)

$95.25M

Latest Revenue (Q)

$20.63M

Main Segment (Y)

Metal Goods

Main Geography (Y)

United States of America

ToughBuilt Industries Revenue by Period


ToughBuilt Industries Revenue by Year

DateRevenueChange
2022-12-31$95.25M36.03%
2021-12-31$70.03M77.58%
2020-12-31$39.43M106.57%
2019-12-31$19.09M24.86%
2018-12-31$15.29M7.66%
2017-12-31$14.20M54.09%
2016-12-31$9.22M3.21%
2015-12-31$8.93M69.64%
2014-12-31$5.26M-

ToughBuilt Industries generated $95.25M in revenue during NA 2022, up 36.03% compared to the previous quarter, and up 670.71% compared to the same period a year ago.

ToughBuilt Industries Revenue by Quarter

DateRevenueChange
2023-09-30$20.63M9.27%
2023-06-30$18.88M-6.60%
2023-03-31$20.21M-32.40%
2022-12-31$29.90M-1.14%
2022-09-30$30.25M69.08%
2022-06-30$17.89M3.87%
2022-03-31$17.22M-30.21%
2021-12-31$24.67M43.33%
2021-09-30$17.22M8.59%
2021-06-30$15.85M29.08%
2021-03-31$12.28M2.17%
2020-12-31$12.02M-27.86%
2020-09-30$16.66M143.63%
2020-06-30$6.84M74.95%
2020-03-31$3.91M-13.68%
2019-12-31$4.53M-5.33%
2019-09-30$4.78M0.63%
2019-06-30$4.75M-5.34%
2019-03-31$5.02M49.31%
2018-12-31$3.36M-2.79%
2018-09-30$3.46M-23.74%
2018-06-30$4.54M15.51%
2018-03-31$3.93M-12.64%
2017-12-31$4.50M48.77%
2017-09-30$3.02M-19.73%
2017-06-30$3.77M29.08%
2017-03-31$2.92M4.20%
2015-12-31$2.80M-

ToughBuilt Industries generated $20.63M in revenue during Q3 2023, up 9.27% compared to the previous quarter, and up 115.33% compared to the same period a year ago.

ToughBuilt Industries Revenue Breakdown


ToughBuilt Industries Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 18
Electronic Goods$5.79M$3.16M-
Metal Goods$51.16M$26.84M$7.17M
Soft Goods$38.30M$40.03M$8.11M

ToughBuilt Industries's latest annual revenue breakdown by segment (product or service), as of Dec 22: Metal Goods (53.71%), Soft Goods (40.21%), and Electronic Goods (6.08%).

Quarterly Revenue by Product

Product/ServiceSep 23Jun 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Mar 19Sep 18
Electronic Goods$1.84M$952.93K$2.05M$2.78M$467.11K$493.54K----
Soft Goods$6.04M$9.91M$11.04M$8.24M$10.16M$8.86M$12.81M$9.14M$3.38M$1.95M
Metal Goods$12.75M$8.01M$16.81M$19.23M$7.26M$7.87M$8.70M$8.08M$1.64M$1.51M

ToughBuilt Industries's latest quarterly revenue breakdown by segment (product or service), as of Sep 23: Metal Goods (61.82%), Soft Goods (29.26%), and Electronic Goods (8.92%).

ToughBuilt Industries Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 18
Sweden$2.31K
United States of America$10.89M
Australia$1.81M
Belgium$197.34K
Canada$688.92K
Germany$19.00K
Russia$112.10K
South Korea$851.27K

ToughBuilt Industries's latest annual revenue breakdown by geography, as of Dec 18: United States of America (74.76%), Australia (12.40%), South Korea (5.84%), Canada (4.73%), Belgium (1.35%), Russia (0.77%), Germany (0.13%), and Sweden (0.02%).

Quarterly Revenue by Country

CountryDec 22Mar 19Sep 18
Metal Goods$16.81M--
Electronic Goods$2.05M--
Soft Goods$11.04M--
United States of America-$3.88M$2.34M
Russia-$64.83K$112.10K
Belgium-$84.51K$34.06K
Canada-$79.66K$231.44K
South Korea-$278.53K$192.93K
Sweden--$2.31K
Australia--$502.52K

ToughBuilt Industries's latest quarterly revenue breakdown by geography, as of Dec 22: Metal Goods (56.21%), Soft Goods (36.93%), and Electronic Goods (6.86%).

ToughBuilt Industries Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
SWKStanley Black & Decker$15.78B$4.02B
SNASnap-on$5.11B$1.28B
TKRTimken Company$4.77B$1.18B
TTCToro Company$4.55B$1.16B
LECOLincoln Electric$4.19B$1.02B
KMTKennametal$2.05B$515.79M
TBLTToughBuilt Industries$95.25M$20.63M

TBLT Revenue FAQ


ToughBuilt Industries's yearly revenue for 2022 was $95.25M, representing an increase of 36.03% compared to 2021. The company's yearly revenue for 2021 was $70.03M, representing an increase of 77.58% compared to 2020. TBLT's yearly revenue for 2020 was $39.43M, representing an increase of 106.57% compared to 2019.

ToughBuilt Industries's quarterly revenue for Q3 2023 was $20.63M, a 9.27% increase from the previous quarter (Q2 2023), and a -31.79% decrease year-over-year (Q3 2022). The company's quarterly revenue for Q2 2023 was $18.88M, a -6.60% decrease from the previous quarter (Q1 2023), and a 5.55% increase year-over-year (Q2 2022). TBLT's quarterly revenue for Q1 2023 was $20.21M, a -32.40% decrease from the previous quarter (Q4 2022), and a 17.37% increase year-over-year (Q1 2022).

ToughBuilt Industries's revenue growth rate for the last 3 years (2020-2022) was 141.55%, and for the last 5 years (2018-2022) was 523.01%.

ToughBuilt Industries's revenue streams in c 22 are Electronic Goods, Metal Goods, and Soft Goods. Electronic Goods generated $5.79M in revenue, accounting 6.08% of the company's total revenue, up 83.25% year-over-year. Metal Goods generated $51.16M in revenue, accounting 53.71% of the company's total revenue, up 90.65% year-over-year. Soft Goods generated $38.3M in revenue, accounting 40.21% of the company's total revenue, down -4.32% year-over-year.

For the fiscal year ending Dec 22, the largest source of revenue of ToughBuilt Industries was Metal Goods. This segment made a revenue of $51.16M, representing 53.71% of the company's total revenue.