Zynex (ZYXI) Revenue & Revenue Breakdown
Zynex Revenue Highlights
Latest Revenue (Y)
$184.32M
Latest Revenue (Q)
$49.88M
Main Segment (Y)
Supplies
Zynex Revenue by Period
Zynex Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $184.32M | 16.54% |
| 2022-12-31 | $158.17M | 21.39% |
| 2021-12-31 | $130.30M | 62.63% |
| 2020-12-31 | $80.12M | 76.20% |
| 2019-12-31 | $45.47M | 42.47% |
| 2018-12-31 | $31.92M | 36.21% |
| 2017-12-31 | $23.43M | 76.01% |
| 2016-12-31 | $13.31M | 14.36% |
| 2015-12-31 | $11.64M | 4.71% |
| 2014-12-31 | $11.12M | -48.73% |
| 2013-12-31 | $21.68M | -45.33% |
| 2012-12-31 | $39.67M | 16.16% |
| 2011-12-31 | $34.15M | 41.78% |
| 2010-12-31 | $24.09M | 28.93% |
| 2009-12-31 | $18.68M | 58.81% |
| 2008-12-31 | $11.76M | 46.16% |
| 2007-12-31 | $8.05M | 214.78% |
| 2006-12-31 | $2.56M | 13.19% |
| 2005-12-31 | $2.26M | 79.74% |
| 2004-12-31 | $1.26M | 100.00% |
| 2003-09-30 | - | 100.00% |
| 2002-09-30 | - | 100.00% |
| 2001-12-31 | - | -100.00% |
| 2000-12-31 | $160.88K | 100.00% |
| 1999-12-31 | - | -100.00% |
| 1998-12-31 | $12.41K | -86.13% |
| 1997-12-31 | $89.49K | - |
Zynex generated $184.32M in revenue during NA 2023, up 16.54% compared to the previous quarter, and up 577.50% compared to the same period a year ago.
Zynex Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $49.88M | 7.20% |
| 2024-03-31 | $46.53M | -1.59% |
| 2023-12-31 | $47.28M | -5.27% |
| 2023-09-30 | $49.91M | 11.04% |
| 2023-06-30 | $44.95M | 6.60% |
| 2023-03-31 | $42.17M | -13.59% |
| 2022-12-31 | $48.80M | 17.55% |
| 2022-09-30 | $41.52M | 12.95% |
| 2022-06-30 | $36.76M | 18.26% |
| 2022-03-31 | $31.08M | -23.00% |
| 2021-12-31 | $40.37M | 16.04% |
| 2021-09-30 | $34.79M | 12.13% |
| 2021-06-30 | $31.02M | 28.58% |
| 2021-03-31 | $24.13M | -5.77% |
| 2020-12-31 | $25.61M | 27.86% |
| 2020-09-30 | $20.03M | 3.96% |
| 2020-06-30 | $19.26M | 26.50% |
| 2020-03-31 | $15.23M | 7.53% |
| 2019-12-31 | $14.16M | 19.84% |
| 2019-09-30 | $11.82M | 14.76% |
| 2019-06-30 | $10.30M | 11.97% |
| 2019-03-31 | $9.20M | -1.51% |
| 2018-12-31 | $9.34M | 14.83% |
| 2018-09-30 | $8.13M | 7.37% |
| 2018-06-30 | $7.57M | 10.14% |
| 2018-03-31 | $6.88M | -15.47% |
| 2017-12-31 | $8.13M | 19.27% |
| 2017-09-30 | $6.82M | 35.26% |
| 2017-06-30 | $5.04M | 46.74% |
| 2017-03-31 | $3.44M | 17.55% |
| 2016-12-31 | $2.92M | -19.41% |
| 2016-09-30 | $3.63M | 10.38% |
| 2016-06-30 | $3.29M | -5.49% |
| 2016-03-31 | $3.48M | 27.92% |
| 2015-12-31 | $2.72M | 1.91% |
| 2015-09-30 | $2.67M | -13.21% |
| 2015-06-30 | $3.07M | -3.46% |
| 2015-03-31 | $3.18M | 44.95% |
| 2014-12-31 | $2.20M | -50.14% |
| 2014-09-30 | $4.40M | 226.46% |
| 2014-06-30 | $1.35M | -57.40% |
| 2014-03-31 | $3.17M | -5.55% |
| 2013-12-31 | $3.35M | -35.41% |
| 2013-09-30 | $5.19M | -5.14% |
| 2013-06-30 | $5.47M | -28.64% |
| 2013-03-31 | $7.67M | -27.62% |
| 2012-12-31 | $10.59M | 4.87% |
| 2012-09-30 | $10.10M | 0.76% |
| 2012-06-30 | $10.03M | 12.10% |
| 2012-03-31 | $8.94M | -7.73% |
| 2011-12-31 | $9.69M | 2.82% |
| 2011-09-30 | $9.43M | 12.29% |
| 2011-06-30 | $8.39M | 26.56% |
| 2011-03-31 | $6.63M | -2.61% |
| 2010-12-31 | $6.81M | 2.31% |
| 2010-09-30 | $6.66M | 15.94% |
| 2010-06-30 | $5.74M | 17.77% |
| 2010-03-31 | $4.88M | -9.91% |
| 2009-12-31 | $5.41M | 15.37% |
| 2009-09-30 | $4.69M | 7.92% |
| 2009-06-30 | $4.35M | 2.70% |
| 2009-03-31 | $4.23M | -901.43% |
| 2008-12-31 | $-528.10K | -115.08% |
| 2008-09-30 | $3.50M | -30.60% |
| 2008-06-30 | $5.05M | 34.93% |
| 2008-03-31 | $3.74M | 20.61% |
| 2007-12-31 | $3.10M | - |
Zynex generated $49.88M in revenue during Q2 2024, up 7.20% compared to the previous quarter, and up 118.29% compared to the same period a year ago.
Zynex Revenue Breakdown
Zynex Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Device | $58.82M | $43.50M | - | - | - |
| Supplies | $125.50M | $114.67M | $93.69M | - | - |
| Devices | - | - | $36.61M | $21.27M | $10.71M |
| Public Utilities Inventory Supplies | - | - | - | $58.85M | $34.76M |
Zynex's latest annual revenue breakdown by segment (product or service), as of Dec 23: Supplies (68.09%), and Device (31.91%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Device | $15.92M | $14.03M | $16.28M | $16.86M | $13.74M | $11.94M | $15.92M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplies | $33.96M | $32.51M | $31.00M | $33.06M | $31.21M | $30.23M | $32.89M | $27.25M | $24.36M | $27.02M | $25.71M | - | - | - | - | - | - | - | - | - |
| Device revenue | - | - | - | - | - | - | - | $11.35M | - | - | - | - | - | - | - | - | - | - | - | - |
| Devices | - | - | - | - | - | - | - | - | $9.51M | $6.72M | $13.35M | $9.07M | $7.83M | $6.37M | $8.24M | $5.30M | $4.28M | $3.44M | $3.79M | $2.66M |
| Public Utilities Inventory Supplies | - | - | - | - | - | - | - | - | - | - | - | - | $23.19M | $17.76M | $17.36M | $14.72M | $14.98M | $11.78M | $10.37M | $9.16M |
Zynex's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Supplies (68.09%), and Device (31.91%).
Zynex Peer Comparison by Revenue
ZYXI Revenue FAQ
What is Zynex’s yearly revenue?
Zynex's yearly revenue for 2023 was $184.32M, representing an increase of 16.54% compared to 2022. The company's yearly revenue for 2022 was $158.17M, representing an increase of 21.39% compared to 2021. ZYXI's yearly revenue for 2021 was $130.3M, representing an increase of 62.63% compared to 2020.
What is Zynex’s quarterly revenue?
Zynex's quarterly revenue for Q2 2024 was $49.88M, a 7.20% increase from the previous quarter (Q1 2024), and a 10.97% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $46.53M, a -1.59% decrease from the previous quarter (Q4 2023), and a 10.34% increase year-over-year (Q1 2023). ZYXI's quarterly revenue for Q4 2023 was $47.28M, a -5.27% decrease from the previous quarter (Q3 2023), and a -3.12% decrease year-over-year (Q4 2022).
What is Zynex’s revenue growth rate?
Zynex's revenue growth rate for the last 3 years (2021-2023) was 41.46%, and for the last 5 years (2019-2023) was 305.35%.
What are Zynex’s revenue streams?
Zynex's revenue streams in c 23 are Device, and Supplies. Device generated $58.82M in revenue, accounting 31.91% of the company's total revenue, up 35.23% year-over-year. Supplies generated $125.5M in revenue, accounting 68.09% of the company's total revenue, up 9.44% year-over-year.
What is Zynex’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Zynex was Supplies. This segment made a revenue of $125.5M, representing 68.09% of the company's total revenue.