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iSpecimen (ISPC) Revenue & Revenue Breakdown

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iSpecimen Revenue Highlights

Latest Revenue (Y)

$9.29M

Latest Revenue (Q)

$2.86M

Main Segment (Y)

Product

iSpecimen Revenue by Period

iSpecimen Revenue by Year

DateRevenueChange
2024-12-31$9.29M-6.42%
2023-12-31$9.93M-4.56%
2022-12-31$10.40M-6.58%
2021-12-31$11.14M36.06%
2020-12-31$8.18M90.40%
2019-12-31$4.30M-2.20%
2018-12-31$4.39M-

iSpecimen generated $9.29M in revenue during NA 2024, up -6.42% compared to the previous quarter, and up 216.16% compared to the same period a year ago.

iSpecimen Revenue by Quarter

DateRevenueChange
2024-06-30$2.86M25.05%
2024-03-31$2.29M-11.07%
2023-12-31$2.58M-7.30%
2023-09-30$2.78M70.92%
2023-06-30$1.63M-44.91%
2023-03-31$2.95M-0.38%
2022-12-31$2.96M14.64%
2022-09-30$2.58M10.46%
2022-06-30$2.34M-7.15%
2022-03-31$2.52M-1.19%
2021-12-31$2.55M-6.23%
2021-09-30$2.72M-6.38%
2021-06-30$2.90M-2.02%
2021-03-31$2.96M9.05%
2020-12-31$2.72M20.78%
2020-09-30$2.25M49.55%
2020-06-30$1.50M-12.10%
2020-03-31$1.71M32.64%
2019-12-31$1.29M86.29%
2019-09-30$692.71K-

iSpecimen generated $2.86M in revenue during Q2 2024, up 25.05% compared to the previous quarter, and up 97.07% compared to the same period a year ago.

iSpecimen Revenue Breakdown

iSpecimen Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Product$9.10M---
Shipping and Handling$186.16K---
Specimens-$9.36M$9.96M$10.94M
Shipping and other-$566.46K$445.72K$191.05K

iSpecimen's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product (98.00%), and Shipping and Handling (2.00%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Specimens$2.63M$2.14M$5.13M$1.52M$2.71M$2.87M$2.51M$2.21M$2.37M$2.50M--
Shipping and other$35.03K$153.89K$225.61K$103.03K$237.82K$93.47K$75.11K$130.87K$146.27K$52.99K--
Product----------$2.67M$2.83M
Shipping And Handling----------$46.88K$74.66K

iSpecimen's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Specimens (98.68%), and Shipping and other (1.32%).

iSpecimen Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FONRFONAR$102.88B$2.02M
CSTLCastle Biosciences$332.07M$85.78M
TRIBTrinity Biotech$56.83M$14.70M
XGNExagen$55.64M$15.06M
ISPCiSpecimen$9.29M$2.86M
TTOOT2 Biosystems$7.19M$1.99M
INBSIntelligent Bio Solutions$3.11M$607.49K
OCXOncoCyte$1.88M$115.00K
PSNLPersonalis-$22.58M

ISPC Revenue FAQ

What is iSpecimen’s yearly revenue?

iSpecimen's yearly revenue for 2024 was $9.29M, representing a decrease of -6.42% compared to 2023. The company's yearly revenue for 2023 was $9.93M, representing a decrease of -4.56% compared to 2022. ISPC's yearly revenue for 2022 was $10.4M, representing a decrease of -6.58% compared to 2021.

What is iSpecimen’s quarterly revenue?

iSpecimen's quarterly revenue for Q2 2024 was $2.86M, a 25.05% increase from the previous quarter (Q1 2024), and a 76.21% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.29M, a -11.07% decrease from the previous quarter (Q4 2023), and a -22.38% decrease year-over-year (Q1 2023). ISPC's quarterly revenue for Q4 2023 was $2.58M, a -7.30% decrease from the previous quarter (Q3 2023), and a -13.05% decrease year-over-year (Q4 2022).

What is iSpecimen’s revenue growth rate?

iSpecimen's revenue growth rate for the last 3 years (2022-2024) was -10.68%, and for the last 5 years (2020-2024) was 13.53%.

What are iSpecimen’s revenue streams?

iSpecimen's revenue streams in c 24 are Product, and Shipping and Handling. Product generated $9.1M in revenue, accounting 98.00% of the company's total revenue Shipping and Handling generated $186.16K in revenue, accounting 2.00% of the company's total revenue

What is iSpecimen’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of iSpecimen was Product. This segment made a revenue of $9.1M, representing 98.00% of the company's total revenue.