UTStarcom (UTSI) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

UTStarcom Revenue Highlights

Latest Revenue (Y)

$15.75M

Latest Revenue (Q)

$9.24M

Main Segment (Y)

Service

Main Geography (Y)

INDIA

UTStarcom Revenue by Period

UTStarcom Revenue by Year

Date	Revenue	Change
2023-12-31	$15.75M	12.32%
2022-12-31	$14.03M	-11.91%
2021-12-31	$15.92M	-34.51%
2020-12-31	$24.31M	-63.07%
2019-12-31	$65.82M	-43.23%
2018-12-31	$115.94M	17.96%
2017-12-31	$98.29M	22.58%
2016-12-31	$80.18M	-31.53%
2015-12-31	$117.10M	-9.52%
2014-12-31	$129.42M	-21.30%
2013-12-31	$164.44M	-11.94%
2012-12-31	$186.73M	-41.75%
2011-12-31	$320.58M	9.96%
2010-12-31	$291.54M	-24.54%
2009-12-31	$386.34M	-76.45%
2008-12-31	$1.64B	-33.50%
2007-12-31	$2.47B	0.33%
2006-12-31	$2.46B	-16.06%
2005-12-31	$2.93B	8.35%
2004-12-31	$2.70B	37.63%
2003-12-31	$1.96B	100.07%
2002-12-31	$981.81M	56.63%
2001-12-31	$626.84M	70.04%
2000-12-31	$368.65M	96.61%
1999-12-31	$187.50M	-

UTStarcom generated $15.75M in revenue during NA 2023, up 12.32% compared to the previous quarter, and up 13.59% compared to the same period a year ago.

UTStarcom Revenue by Quarter

Date	Revenue	Change
2023-12-31	$9.24M	100.00%
2023-09-30	$4.62M	-29.08%
2023-06-30	$6.51M	100.00%
2023-03-31	$3.26M	-50.15%
2022-12-31	$6.53M	99.18%
2022-09-30	$3.28M	-56.22%
2022-06-30	$7.49M	100.00%
2022-03-31	$3.75M	-48.18%
2021-12-31	$7.23M	100.00%
2021-09-30	$3.61M	-58.42%
2021-06-30	$8.69M	100.00%
2021-03-31	$4.35M	-59.01%
2020-12-31	$10.60M	100.00%
2020-09-30	$5.30M	-61.33%
2020-06-30	$13.71M	100.00%
2020-03-31	$6.85M	-51.67%
2019-12-31	$14.18M	8.45%
2019-09-30	$13.08M	-5.97%
2019-06-30	$13.91M	-43.59%
2019-03-31	$24.65M	93.73%
2018-12-31	$12.73M	-75.57%
2018-09-30	$52.09M	82.55%
2018-06-30	$28.54M	26.32%
2018-03-31	$22.59M	23.88%
2017-12-31	$18.23M	-29.96%
2017-09-30	$26.03M	-17.31%
2017-06-30	$31.48M	39.70%
2017-03-31	$22.54M	6.23%
2016-12-31	$21.22M	29.46%
2016-09-30	$16.39M	-18.16%
2016-06-30	$20.03M	-11.19%
2016-03-31	$22.55M	-13.47%
2015-12-31	$26.06M	-4.54%
2015-09-30	$27.30M	-11.32%
2015-06-30	$30.79M	-6.59%
2015-03-31	$32.96M	0.24%
2014-12-31	$32.88M	1.79%
2014-09-30	$32.30M	1.26%
2014-06-30	$31.90M	-1.38%
2014-03-31	$32.34M	-15.56%
2013-12-31	$38.30M	-7.07%
2013-09-30	$41.22M	-13.66%
2013-06-30	$47.74M	28.41%
2013-03-31	$37.18M	-14.09%
2012-12-31	$43.27M	7.31%
2012-09-30	$40.33M	-28.58%
2012-06-30	$56.47M	21.03%
2012-03-31	$46.66M	-44.10%
2011-12-31	$83.47M	0.20%
2011-09-30	$83.30M	-9.99%
2011-06-30	$92.55M	51.06%
2011-03-31	$61.27M	-19.52%
2010-12-31	$76.13M	24.00%
2010-09-30	$61.39M	-16.09%
2010-06-30	$73.17M	-9.50%
2010-03-31	$80.85M	-30.51%
2009-12-31	$116.34M	65.01%
2009-09-30	$70.50M	-12.05%
2009-06-30	$80.16M	-32.83%
2009-03-31	$119.34M	-50.50%
2008-12-31	$241.10M	33.49%
2008-09-30	$180.61M	-71.46%
2008-06-30	$632.76M	7.98%
2008-03-31	$585.99M	-27.33%
2007-12-31	$806.33M	24.72%
2007-09-30	$646.49M	20.11%
2007-06-30	$538.25M	13.10%
2007-03-31	$475.90M	-32.44%
2006-12-31	$704.46M	17.23%
2006-09-30	$600.90M	9.42%
2006-06-30	$549.15M	-7.95%
2006-03-31	$596.57M	-10.86%
2005-12-31	$669.28M	5.35%
2005-09-30	$635.31M	-12.12%
2005-06-30	$722.96M	-

UTStarcom generated $9.24M in revenue during Q4 2023, up 100.00% compared to the previous quarter, and up 281.68% compared to the same period a year ago.

UTStarcom Revenue Breakdown

UTStarcom Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Product	$2.28M	$2.32M	$12.38M	$43.72M	$97.68M
Service	$11.77M	$13.60M	$11.93M	$21.90M	$18.26M

UTStarcom's latest annual revenue breakdown by segment (product or service), as of Dec 22: Service (83.75%), and Product (16.25%).

Quarterly Revenue by Product

Product/Service	Dec 19	Dec 18
Service	$3.64M	$18.26M
Product	-	$97.68M

UTStarcom's latest quarterly revenue breakdown by segment (product or service), as of Dec 19: Service (100.00%).

UTStarcom Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
JAPAN	$5.17M	$5.84M	$12.21M	$21.76M	$35.50M
CHINA	$1.74M	$1.86M	$2.29M	$2.44M	$3.15M
INDIA	$7.15M	$8.22M	$9.81M	$37.21M	$70.11M
Other Countries	-	-	$9.00K	$702.00K	$743.00K
TAIWAN, PROVINCE OF CHINA	-	-	-	$3.52M	$6.45M

UTStarcom's latest annual revenue breakdown by geography, as of Dec 22: INDIA (50.90%), JAPAN (36.76%), and CHINA (12.35%).

Quarterly Revenue by Country

Country	Dec 19	Dec 18
CHINA	-	$3.15M

UTStarcom Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CMTL	Comtech Telecommunications	$1.11T	$128.08M
TSAT	Telesat	$704.16M	$152.18M
KN	Knowles	$462.30M	$95.80M
AVNW	Aviat Networks	$408.08M	$88.43M
CASA	Casa Systems	$286.54M	$62.09M
GILT	Gilat Satellite Networks	$266.09M	$76.08M
DZSI	DZS	$244.54M	$31.07M
AUDC	AudioCodes	$244.38M	$60.08M
CAMP	CalAmp	$186.23M	$53.63M
PWFL	PowerFleet	$133.59M	$75.43M
KVHI	KVH Industries	$132.38M	$28.67M
SILC	Silicom	$124.13M	$14.37M
AKTS	Akoustis	$27.38M	$7.51M
MINM	Minim	$26.11M	-
CLRO	ClearOne	$18.70M	$2.50M
UTSI	UTStarcom	$15.75M	$9.24M
SYTA	Siyata Mobile	$8.23M	$2.36M
ASNS	Actelis Networks	$5.61M	$3.43M
MYNA	Mynaric	$5.39M	$962.00K
MOB	Mobilicom	$3.30M	$1.63M

UTSI Revenue FAQ

What is UTStarcom’s yearly revenue?

UTStarcom's yearly revenue for 2023 was $15.75M, representing an increase of 12.32% compared to 2022. The company's yearly revenue for 2022 was $14.02M, representing a decrease of -11.91% compared to 2021. UTSI's yearly revenue for 2021 was $15.92M, representing a decrease of -34.51% compared to 2020.

What is UTStarcom’s quarterly revenue?

UTStarcom's quarterly revenue for Q4 2023 was $9.24M, a 100.00% increase from the previous quarter (Q3 2023), and a 41.42% increase year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $4.62M, a -29.08% decrease from the previous quarter (Q2 2023), and a 40.84% increase year-over-year (Q3 2022). UTSI's quarterly revenue for Q2 2023 was $6.51M, a 100.00% increase from the previous quarter (Q1 2023), and a -13.05% decrease year-over-year (Q2 2022).

What is UTStarcom’s revenue growth rate?

UTStarcom's revenue growth rate for the last 3 years (2021-2023) was -1.06%, and for the last 5 years (2019-2023) was -76.07%.

What are UTStarcom’s revenue streams?

UTStarcom's revenue streams in c 22 are Product, and Service. Product generated $2.28M in revenue, accounting 16.25% of the company's total revenue, down -1.68% year-over-year. Service generated $11.77M in revenue, accounting 83.75% of the company's total revenue, down -13.46% year-over-year.

What is UTStarcom’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of UTStarcom was Service. This segment made a revenue of $11.77M, representing 83.75% of the company's total revenue.