Vontier (VNT) Revenue & Revenue Breakdown
Vontier Revenue Highlights
Latest Revenue (Y)
$3.10B
Latest Revenue (Q)
$696.40M
Main Segment (Y)
Product
Main Geography (Y)
North America
Vontier Revenue by Period
Vontier Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $3.10B | -2.80% |
| 2022-12-31 | $3.18B | 6.48% |
| 2021-12-31 | $2.99B | 10.58% |
| 2020-12-31 | $2.70B | -2.43% |
| 2019-12-31 | $2.77B | 3.98% |
| 2018-12-31 | $2.67B | 6.71% |
| 2017-12-31 | $2.50B | - |
Vontier generated $3.10B in revenue during NA 2023, up -2.80% compared to the previous quarter, and up 116.10% compared to the same period a year ago.
Vontier Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-28 | $696.40M | -7.86% |
| 2024-03-29 | $755.80M | -4.21% |
| 2023-12-31 | $789.00M | 3.08% |
| 2023-09-29 | $765.40M | 0.13% |
| 2023-06-30 | $764.40M | -1.55% |
| 2023-03-31 | $776.40M | -10.95% |
| 2022-12-31 | $871.90M | 10.65% |
| 2022-09-30 | $788.00M | 1.49% |
| 2022-07-01 | $776.40M | 3.78% |
| 2022-04-01 | $748.10M | -5.33% |
| 2021-12-31 | $790.20M | 2.82% |
| 2021-10-01 | $768.50M | 6.06% |
| 2021-07-02 | $724.60M | 2.43% |
| 2021-04-02 | $707.40M | -13.20% |
| 2020-12-31 | $815.00M | 9.15% |
| 2020-09-25 | $746.70M | 39.91% |
| 2020-06-30 | $533.70M | -12.39% |
| 2020-03-31 | $609.20M | -18.04% |
| 2019-12-31 | $743.30M | 4.05% |
| 2019-09-30 | $714.40M | - |
Vontier generated $696.40M in revenue during Q2 2024, up -7.86% compared to the previous quarter, and up 89.70% compared to the same period a year ago.
Vontier Revenue Breakdown
Vontier Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Product | $2.78B | $2.87B | $2.71B | $2.46B |
| Service | $317.10M | $310.10M | $278.00M | $244.70M |
| Environmental | - | $288.60M | $272.60M | $235.70M |
| Retail Solutions | - | $610.60M | $416.80M | $375.90M |
| Software-As-A-Service | - | $175.10M | $185.20M | $181.60M |
| Smart Cities | - | $39.30M | $37.60M | $32.40M |
| Service and Other Recurring Revenue | - | $474.20M | $484.80M | $445.30M |
| Retail Fueling Hardware | - | $854.50M | $879.90M | $822.90M |
| Other Solution | - | $9.30M | $14.60M | $59.70M |
| Mobility Technologies | - | $2.44B | $2.26B | $2.09B |
| Diagnostics and Repair Technologies | - | $743.90M | $732.10M | $617.10M |
| Auto Repair | - | $646.10M | $634.40M | $526.90M |
| Alternative Energy | - | $86.70M | $64.80M | - |
| E-mobility | - | - | - | $24.20M |
Vontier's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (89.76%), and Service (10.24%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Apr 22 | Dec 21 | Oct 21 | Jul 21 | Apr 21 | Dec 20 | Sep 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $620.40M | $686.60M | $713.40M | $685.80M | $682.50M | $696.40M | $793.80M | $707.70M | $702.50M | $670.30M | $707.60M | $699.70M | $660.80M | $644.60M | $746.00M | $686.00M |
| Service | $76.00M | $69.20M | $75.60M | $79.60M | $81.90M | $80.00M | $78.10M | $80.30M | $73.90M | $77.80M | $82.60M | $68.80M | $63.80M | $62.80M | $69.00M | $60.70M |
| Alternative Energy | - | - | - | - | - | - | $25.20M | $21.60M | $18.60M | $21.30M | - | - | - | - | - | - |
| Auto Repair | - | - | - | - | - | - | $153.30M | $158.30M | $157.10M | $177.40M | $149.20M | $156.10M | $164.40M | $164.70M | - | - |
| Diagnostics and Repair Technologies | - | - | - | - | - | - | $177.90M | $182.40M | $181.50M | $202.10M | $173.20M | $179.90M | $188.50M | $190.50M | $169.10M | $168.10M |
| Environmental | - | - | - | - | - | - | $84.30M | $68.00M | $74.60M | $61.70M | $74.20M | $73.30M | $63.50M | $61.60M | - | - |
| Other Solution | - | - | - | - | - | - | $2.10M | $2.20M | $2.60M | $2.40M | $-32.90M | $21.10M | $13.20M | $13.20M | - | - |
| Mobility Technologies | - | - | - | - | - | - | $694.00M | $605.60M | $594.90M | $546.00M | $617.00M | $588.60M | $536.10M | $516.90M | $645.90M | $578.60M |
| Retail Fueling Hardware | - | - | - | - | - | - | $245.70M | $213.50M | $214.70M | $180.60M | $231.00M | $243.60M | $208.80M | $196.50M | - | - |
| Retail Solutions | - | - | - | - | - | - | $195.00M | $154.30M | $138.80M | $122.50M | $131.70M | $96.40M | $97.30M | $91.40M | - | - |
| Service and Other Recurring Revenue | - | - | - | - | - | - | $111.50M | $123.40M | - | - | - | - | - | - | - | - |
| Smart Cities | - | - | - | - | - | - | $11.50M | $8.50M | $9.00M | $10.30M | $10.90M | $9.60M | $8.80M | $8.30M | - | - |
| Software-As-A-Service | - | - | - | - | - | - | $43.30M | $46.00M | - | - | - | - | - | - | - | - |
| Software As A Service | - | - | - | - | - | - | - | $42.90M | $43.90M | $45.00M | $45.70M | $46.50M | $47.00M | - | - | - |
| Service And Other Recurring Revenue | - | - | - | - | - | - | - | $118.70M | $117.10M | $126.90M | $118.00M | $119.50M | $123.90M | - | - | - |
| E Mobility | - | - | - | - | - | - | - | - | - | - | - | $4.70M | $2.60M | $800.00K | - | - |
Vontier's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product (89.09%), and Service (10.91%).
Vontier Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| UNITED STATES | $2.16B | $2.28B | $2.06B | $1.84B |
| Countries Excluding North America, Western Europe, and High Growth Markets | $128.10M | $139.70M | $139.40M | $117.70M |
| North America | $2.29B | $2.38B | $2.13B | $1.90B |
| Western Europe | $253.00M | $242.60M | $266.10M | $255.70M |
Vontier's latest annual revenue breakdown by geography, as of Dec 23: North America (47.37%), UNITED STATES (44.74%), Western Europe (5.24%), and Countries Excluding North America, Western Europe, and High Growth Markets (2.65%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Apr 22 | Dec 21 | Oct 21 | Jul 21 | Apr 21 | Dec 20 | Sep 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Countries Excluding North America, Western Europe, and High Growth Markets | $31.90M | $32.00M | $27.10M | $32.80M | $34.70M | $33.50M | $41.20M | $35.00M | $32.40M | $31.10M | $35.50M | $37.00M | $34.80M | $32.10M | $32.50M | $31.40M |
| Western Europe | $59.90M | $59.60M | $65.20M | $60.70M | $65.60M | $61.50M | $74.50M | $48.30M | $56.10M | $63.70M | $74.80M | $68.70M | $67.60M | $55.00M | $79.10M | $63.70M |
| UNITED STATES | $478.00M | $537.40M | $547.60M | $543.10M | $522.50M | $547.80M | $607.90M | $567.40M | $564.30M | $540.70M | $543.60M | $526.70M | $492.40M | $494.20M | $534.00M | $525.50M |
| North America | $499.40M | $555.70M | $579.80M | $565.40M | $561.60M | $580.80M | $636.50M | $603.20M | $583.90M | $559.40M | $562.90M | $547.00M | $512.70M | $508.50M | $550.00M | $539.90M |
Vontier's latest quarterly revenue breakdown by geography, as of Jun 24: North America (46.71%), UNITED STATES (44.71%), Western Europe (5.60%), and Countries Excluding North America, Western Europe, and High Growth Markets (2.98%).
Vontier Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FTV | Fortive | $6.07B | $1.55B |
| TDY | Teledyne | $5.64B | $1.35B |
| ST | Sensata Technologies | $4.05B | $1.04T |
| MKSI | MKS Instruments | $3.62B | $887.00M |
| VNT | Vontier | $3.10B | $696.40M |
| ITRI | Itron | $2.17B | $609.07M |
| ESE | ESCO | $956.03M | $260.78M |
| NOVT | Novanta | $881.66M | $235.86M |
| CGNX | Cognex | $837.55M | $239.29M |
| VPG | Vishay Precision Group | $355.05M | $77.36M |
| SOTK | Sono-Tek | $19.70M | $5.03M |
| MLAB | Mesa Laboratories | - | $58.17M |
VNT Revenue FAQ
What is Vontier’s yearly revenue?
Vontier's yearly revenue for 2023 was $3.1B, representing a decrease of -2.80% compared to 2022. The company's yearly revenue for 2022 was $3.18B, representing an increase of 6.48% compared to 2021. VNT's yearly revenue for 2021 was $2.99B, representing an increase of 10.58% compared to 2020.
What is Vontier’s quarterly revenue?
Vontier's quarterly revenue for Q2 2024 was $696.4M, a -7.86% decrease from the previous quarter (Q1 2024), and a -8.90% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $755.8M, a -4.21% decrease from the previous quarter (Q4 2023), and a -2.65% decrease year-over-year (Q1 2023). VNT's quarterly revenue for Q4 2023 was $789M, a 3.08% increase from the previous quarter (Q3 2023), and a -9.51% decrease year-over-year (Q4 2022).
What is Vontier’s revenue growth rate?
Vontier's revenue growth rate for the last 3 years (2021-2023) was 3.49%, and for the last 5 years (2019-2023) was 11.66%.
What are Vontier’s revenue streams?
Vontier's revenue streams in c 23 are Product, and Service. Product generated $2.78B in revenue, accounting 89.76% of the company's total revenue, down -3.35% year-over-year. Service generated $317.1M in revenue, accounting 10.24% of the company's total revenue, up 2.26% year-over-year.
What is Vontier’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Vontier was Product. This segment made a revenue of $2.78B, representing 89.76% of the company's total revenue.