Lightning eMotors (ZEV) Revenue & Revenue Breakdown
Lightning eMotors Revenue Highlights
Latest Revenue (Y)
$24.41M
Latest Revenue (Q)
$12.37M
Main Segment (Y)
Zero-emission vehicles
Lightning eMotors Revenue by Period
Lightning eMotors Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2022-12-31 | $24.41M | 16.30% |
| 2021-12-31 | $20.99M | 130.99% |
| 2020-12-31 | $9.09M | 187.23% |
| 2019-12-31 | $3.16M | - |
Lightning eMotors generated $24.41M in revenue during NA 2022, up 16.30% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Lightning eMotors Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-09-30 | $12.37M | 56.22% |
| 2023-06-30 | $7.92M | 503.81% |
| 2023-03-31 | $1.31M | -69.75% |
| 2022-12-31 | $4.33M | -61.06% |
| 2022-09-30 | $11.13M | 214.79% |
| 2022-06-30 | $3.54M | -34.66% |
| 2022-03-31 | $5.41M | 28.22% |
| 2021-12-31 | $4.22M | -32.54% |
| 2021-09-30 | $6.26M | 5.64% |
| 2021-06-30 | $5.92M | 29.01% |
| 2021-03-31 | $4.59M | 23.41% |
| 2020-12-31 | $3.72M | -2.16% |
| 2020-09-30 | $3.80M | 100.00% |
| 2020-06-30 | - | -100.00% |
| 2020-03-31 | $695.00K | - |
Lightning eMotors generated $12.37M in revenue during Q3 2023, up 56.22% compared to the previous quarter, and up 349.72% compared to the same period a year ago.
Lightning eMotors Revenue Breakdown
Lightning eMotors Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 |
|---|---|---|
| Zero-emission vehicles | $22.40M | - |
| Other | $2.01M | - |
| Service Revenue | - | $216.00K |
Lightning eMotors's latest annual revenue breakdown by segment (product or service), as of Dec 22: Zero-emission vehicles (91.75%), and Other (8.25%).
Quarterly Revenue by Product
| Product/Service | Sep 23 | Jun 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|
| Zero-emission vehicles | $12.13M | $7.88M | $3.77M | $10.57M | $2.88M | - | - | - | - |
| Other | $563.00K | $285.00K | $904.00K | $561.00K | $316.00K | $671.00K | $427.00K | $443.00K | - |
| Service Revenue | - | - | - | - | - | $15.00K | - | - | - |
| Manufacturing Conversions Direct To Customer | - | - | - | - | - | - | - | $5.59M | $5.35M |
| Charging Systems | - | - | - | - | - | - | - | $242.00K | $2.00K |
| Conversion Kits Direct To Customer | - | - | - | - | - | - | - | - | $130.00K |
Lightning eMotors's latest quarterly revenue breakdown by segment (product or service), as of Sep 23: Zero-emission vehicles (95.56%), and Other (4.44%).
Lightning eMotors Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|
| Other | $904.00K | $561.00K | $316.00K | $671.00K | $427.00K | $443.00K | - |
| Zero-emission vehicles | $3.77M | $10.57M | $2.88M | - | - | - | - |
| Service Revenue | - | - | - | $15.00K | - | - | - |
| Manufacturing Conversions Direct To Customer | - | - | - | - | - | $5.59M | $5.35M |
| Conversion Kits Direct To Customer | - | - | - | - | - | - | $130.00K |
| Charging Systems | - | - | - | - | - | $242.00K | $2.00K |
Lightning eMotors's latest quarterly revenue breakdown by geography, as of Dec 22: Zero-emission vehicles (80.64%), and Other (19.36%).
Lightning eMotors Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CAT | Caterpillar | $67.06B | $15.80B |
| DE | Deere & Company | $60.25B | $13.15B |
| OSK | Oshkosh | $8.28B | $2.51B |
| TEX | Terex | $5.15B | $1.38B |
| WNC | Wabash National | $2.54B | $550.61M |
| MTW | Manitowoc Company | $2.23B | $562.10M |
| TWI | Titan | $1.82B | $532.17M |
| SHYF | Shyft Group | $872.20M | $192.78M |
| LEV | Lion Electric Company | $253.50M | $55.48M |
| HYFM | Hydrofarm Group | $226.58M | $54.17M |
| XOS | Xos | $44.52M | $13.16M |
| NKLA | Nikola | $35.84M | $31.32M |
| ZEV | Lightning eMotors | $24.41M | $12.37M |
| IDEX | Ideanomics | $16.41M | $665.00K |
ZEV Revenue FAQ
What is Lightning eMotors’s yearly revenue?
Lightning eMotors's yearly revenue for 2022 was $24.41M, representing an increase of 16.30% compared to 2021. The company's yearly revenue for 2021 was $20.99M, representing an increase of 130.99% compared to 2020. ZEV's yearly revenue for 2020 was $9.09M, representing an increase of 187.23% compared to 2019.
What is Lightning eMotors’s quarterly revenue?
Lightning eMotors's quarterly revenue for Q3 2023 was $12.37M, a 56.22% increase from the previous quarter (Q2 2023), and a 11.10% increase year-over-year (Q3 2022). The company's quarterly revenue for Q2 2023 was $7.92M, a 503.81% increase from the previous quarter (Q1 2023), and a 123.87% increase year-over-year (Q2 2022). ZEV's quarterly revenue for Q1 2023 was $1.31M, a -69.75% decrease from the previous quarter (Q4 2022), and a -75.78% decrease year-over-year (Q1 2022).
What is Lightning eMotors’s revenue growth rate?
Lightning eMotors's revenue growth rate for the last 3 years (2020-2022) was 168.63%
What are Lightning eMotors’s revenue streams?
Lightning eMotors's revenue streams in c 22 are Zero-emission vehicles, and Other. Zero-emission vehicles generated $22.4M in revenue, accounting 91.75% of the company's total revenue Other generated $2.01M in revenue, accounting 8.25% of the company's total revenue
What is Lightning eMotors’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Lightning eMotors was Zero-emission vehicles. This segment made a revenue of $22.4M, representing 91.75% of the company's total revenue.