VIZIO (VZIO) Revenue & Revenue Breakdown


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VIZIO Revenue Highlights


Latest Revenue (Y)

$1.68B

Latest Revenue (Q)

$353.90M

Main Segment (Y)

Product

VIZIO Revenue by Period


VIZIO Revenue by Year

DateRevenueChange
2023-12-31$1.68B-9.81%
2022-12-31$1.86B-12.30%
2021-12-31$2.12B3.99%
2020-12-31$2.04B11.20%
2019-12-31$1.84B3.15%
2018-12-31$1.78B-

VIZIO generated $1.68B in revenue during NA 2023, up -9.81% compared to the previous quarter, and up 94.34% compared to the same period a year ago.

VIZIO Revenue by Quarter

DateRevenueChange
2024-03-31$353.90M-29.59%
2023-12-31$502.60M17.93%
2023-09-30$426.20M8.06%
2023-06-30$394.40M10.57%
2023-03-31$356.70M-33.14%
2022-12-31$533.50M22.64%
2022-09-30$435.00M6.38%
2022-06-30$408.90M-15.78%
2022-03-31$485.50M-22.80%
2021-12-31$628.87M6.89%
2021-09-30$588.32M46.65%
2021-06-30$401.16M-20.67%
2021-03-31$505.66M-31.14%
2020-12-31$734.29M26.13%
2020-09-30$582.18M47.96%
2020-06-30$393.46M18.32%
2020-03-31$332.54M-61.31%
2015-09-30$859.49M27.92%
2015-06-30$671.89M-
2015-03-31$671.89M-18.33%
2014-09-30$822.69M31.04%
2014-06-30$627.81M-
2014-03-31$627.81M-

VIZIO generated $353.90M in revenue during Q1 2024, up -29.59% compared to the previous quarter, and up 66.34% compared to the same period a year ago.

VIZIO Revenue Breakdown


VIZIO Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Product$1.08B$1.38B$1.82B
Service$598.20M$477.90M$308.70M

VIZIO's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (64.39%), and Service (35.61%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Service$159.60M$174.20M$156.20M$142.30M$125.50M$136.50M$128.00M$110.80M$102.60M$105.13M$85.86M$65.51M$52.20M
Product$194.30M$328.50M$270.00M$252.10M$231.20M$397.00M$307.00M$298.10M$382.90M$523.74M$502.46M$335.64M$453.46M

VIZIO's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (54.90%), and Service (45.10%).

VIZIO Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
LPLLG Display$21.33T$5.25T
SONYSony Group$13.02T$3.48T
ZEPPZepp Health$2.50B$287.23M
VZIOVIZIO$1.68B$353.90M
SONOSonos$1.66B$397.15M
GPROGoPro$1.01B$186.22M
VOXXVOXX$468.91M$92.49M
UEICUniversal Electronics$420.46M$90.45M
HEARTurtle Beach$258.12M$76.48M

VZIO Revenue FAQ


VIZIO's yearly revenue for 2023 was $1.68B, representing a decrease of -9.81% compared to 2022. The company's yearly revenue for 2022 was $1.86B, representing a decrease of -12.30% compared to 2021. VZIO's yearly revenue for 2021 was $2.12B, representing an increase of 3.99% compared to 2020.

VIZIO's quarterly revenue for Q1 2024 was $353.9M, a -29.59% decrease from the previous quarter (Q4 2023), and a -0.78% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $502.6M, a 17.93% increase from the previous quarter (Q3 2023), and a -5.79% decrease year-over-year (Q4 2022). VZIO's quarterly revenue for Q3 2023 was $426.2M, a 8.06% increase from the previous quarter (Q2 2023), and a -2.02% decrease year-over-year (Q3 2022).

VIZIO's revenue growth rate for the last 3 years (2021-2023) was -20.90%, and for the last 5 years (2019-2023) was -8.54%.

VIZIO's revenue streams in c 23 are Product, and Service. Product generated $1.08B in revenue, accounting 64.39% of the company's total revenue, down -21.89% year-over-year. Service generated $598.2M in revenue, accounting 35.61% of the company's total revenue, up 25.17% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of VIZIO was Product. This segment made a revenue of $1.08B, representing 64.39% of the company's total revenue.