TELA Bio (TELA) Revenue & Revenue Breakdown


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TELA Bio Revenue Highlights


Latest Revenue (Y)

$58.45M

Latest Revenue (Q)

$18.96M

Main Geography (Y)

Non-US

TELA Bio Revenue by Period


TELA Bio Revenue by Year

DateRevenueChange
2023-12-31$58.45M41.13%
2022-12-31$41.42M40.58%
2021-12-31$29.46M61.77%
2020-12-31$18.21M17.91%
2019-12-31$15.45M86.68%
2018-12-31$8.27M94.91%
2017-12-31$4.25M-

TELA Bio generated $58.45M in revenue during NA 2023, up 41.13% compared to the previous quarter, and up 706.47% compared to the same period a year ago.

TELA Bio Revenue by Quarter

DateRevenueChange
2024-09-30$18.96M17.81%
2024-06-30$16.09M-3.08%
2024-03-31$16.60M-2.32%
2023-12-31$17.00M12.93%
2023-09-30$15.05M3.85%
2023-06-30$14.49M21.71%
2023-03-31$11.91M2.47%
2022-12-31$11.62M4.15%
2022-09-30$11.16M7.24%
2022-06-30$10.41M26.42%
2022-03-31$8.23M-1.71%
2021-12-31$8.37M9.41%
2021-09-30$7.65M1.27%
2021-06-30$7.56M28.60%
2021-03-31$5.88M3.71%
2020-12-31$5.67M6.66%
2020-09-30$5.31M51.50%
2020-06-30$3.51M-5.88%
2020-03-31$3.73M-23.40%
2019-12-31$4.86M22.43%
2019-09-30$3.97M20.28%
2019-06-30$3.30M-0.09%
2019-03-31$3.31M36.22%
2018-12-31$2.43M9.72%
2018-09-30$2.21M21.71%
2018-06-30$1.82M-
2018-03-31$1.82M-

TELA Bio generated $18.96M in revenue during Q3 2024, up 17.81% compared to the previous quarter, and up 130.79% compared to the same period a year ago.

TELA Bio Revenue Breakdown


TELA Bio Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 19
Non-US$6.10M$3.20M-
Europe--$500.00K

TELA Bio's latest annual revenue breakdown by geography, as of Dec 23: Non-US (100.00%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Jun 23Mar 23
Non-US$2.80M$2.40M$2.30M$3.60M$1.50M$1.00M

TELA Bio's latest quarterly revenue breakdown by geography, as of Sep 24: Non-US (100.00%).

TELA Bio Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
VREXVarex Imaging$893.40M$209.10M
TCMDTactile Systems$274.42M$73.09M
TMDXTransMedics Group$241.62M$-12.24M
FNAParagon 28$216.39M$61.02M
AXGNAxoGen$159.01M$48.64M
KIDSOrthoPediatrics$148.73M$52.80M
SIBNSI-BONE$138.89M$40.34M
RXSTRxSight$89.08M$45.41M
SGHTSight Sciences$81.06M$20.16M
LUNGPulmonx$68.67M$20.39M
NPCENeuroPace$65.42M$21.06M
TELATELA Bio$58.45M$18.96M
CVRXCVRx$39.30M$13.37M
TBIOTelesis Bio$27.51M$3.44M
CLPTClearPoint Neuro$23.95M$8.12M
DCTHDelcath Systems$2.06M$9.56M
OFIXOrthofix Medical$100.00K$198.62M

TELA Revenue FAQ


What is TELA Bio’s yearly revenue?

TELA Bio's yearly revenue for 2023 was $58.45M, representing an increase of 41.13% compared to 2022. The company's yearly revenue for 2022 was $41.42M, representing an increase of 40.58% compared to 2021. TELA's yearly revenue for 2021 was $29.46M, representing an increase of 61.77% compared to 2020.

What is TELA Bio’s quarterly revenue?

TELA Bio's quarterly revenue for Q3 2024 was $18.96M, a 17.81% increase from the previous quarter (Q2 2024), and a 25.94% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $16.09M, a -3.08% decrease from the previous quarter (Q1 2024), and a 11.02% increase year-over-year (Q2 2023). TELA's quarterly revenue for Q1 2024 was $16.6M, a -2.32% decrease from the previous quarter (Q4 2023), and a 39.42% increase year-over-year (Q1 2023).

What is TELA Bio’s revenue growth rate?

TELA Bio's revenue growth rate for the last 3 years (2021-2023) was 98.39%, and for the last 5 years (2019-2023) was 278.43%.