urban-gro (UGRO) Revenue & Revenue Breakdown
urban-gro Revenue Highlights
Latest Revenue (Y)
$71.54M
Latest Revenue (Q)
$15.54M
Main Segment (Y)
Equipment Systems
Main Geography (Y)
Equipment Systems
urban-gro Revenue by Period
urban-gro Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $71.54M | 7.91% |
| 2022-12-31 | $66.30M | 6.74% |
| 2021-12-31 | $62.11M | 140.40% |
| 2020-12-31 | $25.84M | 6.81% |
| 2019-12-31 | $24.19M | 20.64% |
| 2018-12-31 | $20.05M | - |
urban-gro generated $71.54M in revenue during NA 2023, up 7.91% compared to the previous quarter, and up 356.81% compared to the same period a year ago.
urban-gro Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $15.54M | 3.58% |
| 2023-12-31 | $15.01M | -28.32% |
| 2023-09-30 | $20.93M | 11.13% |
| 2023-06-30 | $18.84M | 13.26% |
| 2023-03-31 | $16.63M | -3.46% |
| 2022-12-31 | $17.23M | 39.30% |
| 2022-09-30 | $12.37M | -24.03% |
| 2022-06-30 | $16.28M | -22.66% |
| 2022-03-31 | $21.05M | 11.04% |
| 2021-12-31 | $18.96M | 3.67% |
| 2021-09-30 | $18.29M | 42.53% |
| 2021-06-30 | $12.83M | 6.62% |
| 2021-03-31 | $12.03M | 30.63% |
| 2020-12-31 | $9.21M | 10.20% |
| 2020-09-30 | $8.36M | 108.71% |
| 2020-06-30 | $4.01M | -6.00% |
| 2020-03-31 | $4.26M | -40.26% |
| 2019-12-31 | $7.13M | 27.76% |
| 2019-09-30 | $5.58M | -1.00% |
| 2019-06-30 | $5.64M | -3.33% |
| 2019-03-31 | $5.83M | 8.63% |
| 2018-12-31 | $5.37M | 0.63% |
| 2018-09-30 | $5.34M | -42.89% |
| 2018-06-30 | $9.34M | - |
urban-gro generated $15.54M in revenue during Q1 2024, up 3.58% compared to the previous quarter, and up 90.21% compared to the same period a year ago.
urban-gro Revenue Breakdown
urban-gro Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 20 | Dec 19 |
|---|---|---|---|
| Equipment Systems | $12.68M | $22.06M | - |
| Service | $11.92M | - | - |
| Other | $688.24K | - | - |
| Consumable Products | - | $1.88M | - |
| Services | - | $1.90M | $928.06K |
| Products | - | - | $3.17M |
urban-gro's latest annual revenue breakdown by segment (product or service), as of Dec 23: Equipment Systems (50.13%), Service (47.15%), and Other (2.72%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | $3.13M | $2.52M | $2.90M | $3.03M | $3.36M | $2.84M | $3.03M | $3.64M | - | - | - | - | - | - | - |
| Other | $75.14K | $198.76K | $178.44K | $134.09K | - | - | - | - | - | - | - | - | - | - | - |
| Equipment Systems | $2.51M | $2.10M | $3.04M | $4.62M | $3.88M | $10.08M | $17.07M | $16.45M | $12.18M | $11.34M | - | - | - | - | - |
| Consumable Products | - | - | - | - | - | $265.42K | $259.05K | $347.02K | $372.45K | $363.57K | $429.09K | $-13.26M | - | - | - |
| Services | - | - | - | - | - | - | - | - | $1.46M | $288.41K | $260.51K | $412.75K | $448.88K | $626.67K | $414.67K |
| Product Sales | - | - | - | - | - | - | - | - | - | - | - | - | $7.91M | $3.38M | $3.85M |
urban-gro's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Service (54.81%), Equipment Systems (43.87%), and Other (1.31%).
urban-gro Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 20 | Dec 19 |
|---|---|---|
| Services | $1.90M | $928.06K |
| Equipment Systems | $22.06M | - |
| Consumable Products | $1.88M | - |
| Products | - | $3.17M |
urban-gro's latest annual revenue breakdown by geography, as of Dec 20: Equipment Systems (85.37%), Services (7.37%), and Consumable Products (7.26%).
Quarterly Revenue by Country
| Country | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | $3.36M | $2.84M | $3.03M | $3.64M | - | - | - | - | - | - | - |
| Equipment Systems | - | $3.88M | $10.08M | $17.07M | $16.45M | $12.18M | $11.34M | - | - | - | - |
| Consumable Products | - | $265.42K | $259.05K | $347.02K | $372.45K | $363.57K | $429.09K | $-13.26M | - | - | - |
| Services | - | - | - | - | $1.46M | $288.41K | $260.51K | $412.75K | $448.88K | $626.67K | $414.67K |
| Product Sales | - | - | - | - | - | - | - | - | $7.91M | $3.38M | $3.85M |
urban-gro's latest quarterly revenue breakdown by geography, as of Dec 22: Service (100.00%).
urban-gro Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| HY | Hyster-Yale Materials Handling | $4.12B | $1.06B |
| REVG | REV Group | $2.64B | $579.40M |
| TWI | Titan | $1.82B | $532.17M |
| ALG | Alamo Group | $1.69B | $416.30M |
| ASTE | Astec Industries | $1.34B | $309.20M |
| LNN | Lindsay | $1.14B | $139.20M |
| SHYF | Shyft Group | $872.20M | $192.78M |
| MNTX | Manitex | $291.39M | $76.23M |
| UGRO | urban-gro | $71.54M | $15.54M |
| IDEX | Ideanomics | $16.41M | $665.00K |
| CEAD | CEA Industries | $6.91M | $234.51K |
UGRO Revenue FAQ
What is urban-gro’s yearly revenue?
urban-gro's yearly revenue for 2023 was $71.54M, representing an increase of 7.91% compared to 2022. The company's yearly revenue for 2022 was $66.3M, representing an increase of 6.74% compared to 2021. UGRO's yearly revenue for 2021 was $62.11M, representing an increase of 140.40% compared to 2020.
What is urban-gro’s quarterly revenue?
urban-gro's quarterly revenue for Q1 2024 was $15.54M, a 3.58% increase from the previous quarter (Q4 2023), and a -6.55% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $15.01M, a -28.32% decrease from the previous quarter (Q3 2023), and a -12.91% decrease year-over-year (Q4 2022). UGRO's quarterly revenue for Q3 2023 was $20.93M, a 11.13% increase from the previous quarter (Q2 2023), and a 69.26% increase year-over-year (Q3 2022).
What is urban-gro’s revenue growth rate?
urban-gro's revenue growth rate for the last 3 years (2021-2023) was 15.18%, and for the last 5 years (2019-2023) was 195.76%.
What are urban-gro’s revenue streams?
urban-gro's revenue streams in c 23 are Equipment Systems, Service, and Other. Equipment Systems generated $12.68M in revenue, accounting 50.13% of the company's total revenue, down -42.54% year-over-year. Service generated $11.92M in revenue, accounting 47.15% of the company's total revenue Other generated $688.24K in revenue, accounting 2.72% of the company's total revenue
What is urban-gro’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of urban-gro was Equipment Systems. This segment made a revenue of $12.68M, representing 50.13% of the company's total revenue.