uCloudlink Group (UCL) Revenue & Revenue Breakdown


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uCloudlink Group Revenue Highlights


Latest Revenue (Y)

$85.58M

Latest Revenue (Q)

$18.13M

Main Segment (Y)

Others Member

Main Geography (Y)

JAPAN

uCloudlink Group Revenue by Period


uCloudlink Group Revenue by Year

DateRevenueChange
2023-12-31$85.58M19.75%
2022-12-31$71.46M-3.20%
2021-12-31$73.82M-17.58%
2020-12-31$89.57M-43.45%
2019-12-31$158.38M25.30%
2018-12-31$126.40M47.24%
2017-12-31$85.84M-

uCloudlink Group generated $85.58M in revenue during NA 2023, up 19.75% compared to the previous quarter, and up 67.70% compared to the same period a year ago.

uCloudlink Group Revenue by Quarter

DateRevenueChange
2024-03-31$18.13M-16.58%
2023-12-31$21.73M-8.94%
2023-09-30$23.86M8.58%
2023-06-30$21.98M22.05%
2023-03-31$18.01M-8.18%
2022-12-31$19.61M7.68%
2022-09-30$18.21M1.05%
2022-06-30$18.02M15.44%
2022-03-31$15.61M-11.13%
2021-12-31$17.57M-9.07%
2021-09-30$19.32M0.43%
2021-06-30$19.24M8.74%
2021-03-31$17.69M3.92%
2020-12-31$17.03M-5.39%
2020-09-30$18.00M-14.41%
2020-06-30$21.03M-37.28%
2020-03-31$33.52M-37.57%
2019-12-31$53.70M21.75%
2019-09-30$44.10M22.76%
2019-06-30$35.93M45.72%
2019-03-31$24.66M-

uCloudlink Group generated $18.13M in revenue during Q1 2024, up -16.58% compared to the previous quarter, and up 92.44% compared to the same period a year ago.

uCloudlink Group Revenue Breakdown


uCloudlink Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 21Dec 20
Others Member$1.40M--
Sales Of Products-$36.03M$43.42M
Revenues From Services-$37.80M$46.15M

uCloudlink Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Others Member (100.00%).

Quarterly Revenue by Product

Product/ServiceDec 21Jun 21
Sales Of Products$24.99M$19.22M
Revenues From Services$32.77M$17.71M

uCloudlink Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 21: Revenues From Services (56.74%), and Sales Of Products (43.26%).

uCloudlink Group Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
CHINA$11.16M$9.63M--
HONG KONG$1.66M$2.20M$2.77M-
Europe$4.21M$3.36M$1.84M$1.71M
North America$24.07M$27.18M$24.18M$23.51M
TAIWAN$868.00K---
JAPAN$37.12M$35.88M$47.56M-
Southeast Asia--$4.17M$2.50M
Mainland China--$3.84M-
Others--$1.46M$1.25M
TAIWAN, PROVINCE OF CHINA--$242.00K$635.00K

uCloudlink Group's latest annual revenue breakdown by geography, as of Dec 23: JAPAN (46.94%), North America (30.44%), CHINA (14.11%), Europe (5.32%), HONG KONG (2.10%), and TAIWAN (1.10%).

Quarterly Revenue by Country

CountryDec 22Jun 22Jun 21
North America$14.20M$12.98M$9.50M
Europe$1.93M$1.43M$612.00K
Southeast Asia--$1.71M
T W--$81.00K
H K--$1.44M
C N--$2.60M
Revenues From Services--$17.71M
Sales Of Products--$19.22M
J P--$20.31M
Others--$676.00K

uCloudlink Group's latest quarterly revenue breakdown by geography, as of Dec 22: North America (88.03%), and Europe (11.97%).

uCloudlink Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
TLKPerusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk$149.22T$37.43T
KTKT$26.39T$6.65T
SKMSK Telecom$17.61T$4.47T
PHIPLDT$210.95B$54.22B
LBRDALiberty Broadband$54.61B$246.00M
VIVTelefônica Brasil$52.10B$13.55B
TIMBTIM$23.83B$6.10B
USMUnited States Cellular$3.91B$922.00M
UCLuCloudlink Group$85.58M$18.13M

UCL Revenue FAQ


What is uCloudlink Group’s yearly revenue?

uCloudlink Group's yearly revenue for 2023 was $85.58M, representing an increase of 19.75% compared to 2022. The company's yearly revenue for 2022 was $71.46M, representing a decrease of -3.20% compared to 2021. UCL's yearly revenue for 2021 was $73.82M, representing a decrease of -17.58% compared to 2020.

What is uCloudlink Group’s quarterly revenue?

uCloudlink Group's quarterly revenue for Q1 2024 was $18.13M, a -16.58% decrease from the previous quarter (Q4 2023), and a 0.68% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $21.73M, a -8.94% decrease from the previous quarter (Q3 2023), and a 10.81% increase year-over-year (Q4 2022). UCL's quarterly revenue for Q3 2023 was $23.86M, a 8.58% increase from the previous quarter (Q2 2023), and a 31.02% increase year-over-year (Q3 2022).

What is uCloudlink Group’s revenue growth rate?

uCloudlink Group's revenue growth rate for the last 3 years (2021-2023) was 15.92%, and for the last 5 years (2019-2023) was -45.97%.

What are uCloudlink Group’s revenue streams?

uCloudlink Group's revenue streams in c 23 are Others Member

What is uCloudlink Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of uCloudlink Group was Others Member. This segment made a revenue of $1.4M, representing 100.00% of the company's total revenue.