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WalkMe (WKME) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

WalkMe Revenue Highlights

Latest Revenue (Y)

$266.95M

Latest Revenue (Q)

$68.57M

Main Segment (Y)

Subscription Services

Main Geography (Y)

UNITED STATES

WalkMe Revenue by Period

WalkMe Revenue by Year

DateRevenueChange
2023-12-31$266.95M8.96%
2022-12-31$245.01M26.75%
2021-12-31$193.30M30.34%
2020-12-31$148.31M41.07%
2019-12-31$105.13M-

WalkMe generated $266.95M in revenue during NA 2023, up 8.96% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

WalkMe Revenue by Quarter

DateRevenueChange
2024-03-31$68.57M1.01%
2023-12-31$67.89M1.30%
2023-09-30$67.02M1.30%
2023-06-30$66.16M0.40%
2023-03-31$65.89M1.59%
2022-12-31$64.86M2.38%
2022-09-30$63.35M5.69%
2022-06-30$59.94M5.44%
2022-03-31$56.85M6.74%
2021-12-31$53.26M5.28%
2021-09-30$50.59M8.09%
2021-06-30$46.80M9.72%
2021-03-31$42.65M9.63%
2020-12-31$38.91M0.65%
2020-09-30$38.66M5.85%
2020-06-30$36.52M6.72%
2020-03-31$34.22M-

WalkMe generated $68.57M in revenue during Q1 2024, up 1.01% compared to the previous quarter, and up 105.72% compared to the same period a year ago.

WalkMe Revenue Breakdown

WalkMe Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Professional Service$19.24M$51.93M$17.98M
Subscription Services$247.72M$246.96M$175.33M

WalkMe's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription Services (92.79%), and Professional Service (7.21%).

WalkMe Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Rest Of World$79.52M$71.51M$56.91M
ISRAEL$499.00K$763.00K$1.10M
UNITED STATES$186.94M$172.73M$135.29M

WalkMe's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (70.03%), Rest Of World (29.79%), and ISRAEL (0.19%).

WalkMe Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
MNDYmonday$729.70M$216.91M
CGNTCognyte Software$313.40M$82.71M
RSKDRiskified$297.61M$76.41M
SMWBSimilarweb$218.02M$58.98M
BASECouchbase$180.04M$51.63M

WKME Revenue FAQ

What is WalkMe’s yearly revenue?

WalkMe's yearly revenue for 2023 was $266.95M, representing an increase of 8.96% compared to 2022. The company's yearly revenue for 2022 was $245.01M, representing an increase of 26.75% compared to 2021. WKME's yearly revenue for 2021 was $193.3M, representing an increase of 30.34% compared to 2020.

What is WalkMe’s quarterly revenue?

WalkMe's quarterly revenue for Q1 2024 was $68.57M, a 1.01% increase from the previous quarter (Q4 2023), and a 4.07% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $67.89M, a 1.30% increase from the previous quarter (Q3 2023), and a 4.67% increase year-over-year (Q4 2022). WKME's quarterly revenue for Q3 2023 was $67.02M, a 1.30% increase from the previous quarter (Q2 2023), and a 5.78% increase year-over-year (Q3 2022).

What is WalkMe’s revenue growth rate?

WalkMe's revenue growth rate for the last 3 years (2021-2023) was 38.10%, and for the last 5 years (2019-2023) was 153.93%.

What are WalkMe’s revenue streams?

WalkMe's revenue streams in c 23 are Professional Service, and Subscription Services. Professional Service generated $19.24M in revenue, accounting 7.21% of the company's total revenue, down -62.95% year-over-year. Subscription Services generated $247.72M in revenue, accounting 92.79% of the company's total revenue, up 0.30% year-over-year.

What is WalkMe’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of WalkMe was Subscription Services. This segment made a revenue of $247.72M, representing 92.79% of the company's total revenue.