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urban-gro (UGRO) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-12-31$71.54M7.91%
2022-12-31$66.30M6.74%
2021-12-31$62.11M140.40%
2020-12-31$25.84M6.81%
2019-12-31$24.19M20.64%
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

DateRevenueChange
2024-03-31$15.54M3.58%
2023-12-31$15.01M-28.32%
2023-09-30$20.93M11.13%
2023-06-30$18.84M13.26%
2023-03-31$16.63M-3.46%
2022-12-31$17.23M39.30%
2022-09-30$12.37M-24.03%
2022-06-30$16.28M-22.66%
2022-03-31$21.05M11.04%
2021-12-31$18.96M3.67%
2021-09-30$18.29M42.53%
2021-06-30$12.83M6.62%
2021-03-31$12.03M30.63%
2020-12-31$9.21M10.20%
2020-09-30$8.36M108.71%
2020-06-30$4.01M-6.00%
2020-03-31$4.26M-40.26%
2019-12-31$7.13M27.76%
2019-09-30$5.58M-1.00%
2019-06-30$5.64M-3.33%
2019-03-31$5.83M8.63%
2018-12-31$5.37M0.63%
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/ServiceDec 23Dec 20Dec 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/ServiceMar 24Dec 23Sep 23Jun 23Dec 22Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 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

CountryDec 20Dec 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

CountryDec 22Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 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

TickerCompanyLast Year RevenueLast Quarter Revenue
HYHyster-Yale Materials Handling$4.12B$1.02B
REVGREV Group$2.64B$579.40M
TWITitan$1.82B$447.99M
ALGAlamo Group$1.69B$401.30M
ASTEAstec Industries$1.34B$291.40M
LNNLindsay$1.02B$139.20M
SHYFShyft Group$872.20M$-390.67M
MNTXManitex$291.39M$76.23M
UGROurban-gro$71.54M$15.54M
CEADCEA Industries$6.91M$390.82K

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.