23andMe (ME) Revenue & Revenue Breakdown


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23andMe Revenue Highlights


Latest Revenue (Y)

$219.64M

Latest Revenue (Q)

$60.26M

Main Segment (Y)

Consumer Services

Main Geography (Y)

UNITED STATES

23andMe Revenue by Period


23andMe Revenue by Year

DateRevenueChange
2024-03-31$219.64M-26.66%
2023-03-31$299.49M10.15%
2022-03-31$271.89M11.47%
2021-03-31$243.92M-20.15%
2020-03-31$305.46M-30.72%
2019-03-31$440.90M-

23andMe generated $219.64M in revenue during NA 2023, up -26.66% compared to the previous quarter, and up 49.82% compared to the same period a year ago.

23andMe Revenue by Quarter

DateRevenueChange
2024-12-31$60.26M36.74%
2024-09-30$44.07M9.05%
2024-06-30$40.41M-36.88%
2024-03-31$64.03M43.09%
2023-12-31$44.75M-10.50%
2023-09-30$50.00M-17.85%
2023-06-30$60.86M-34.11%
2023-03-31$92.38M38.00%
2022-12-31$66.94M-11.52%
2022-09-30$75.66M17.28%
2022-06-30$64.51M-35.85%
2022-03-31$100.56M76.76%
2021-12-31$56.89M3.06%
2021-09-30$55.20M-6.81%
2021-06-30$59.24M-33.13%
2021-03-31$88.58M59.67%
2020-12-31$55.48M7.09%
2020-09-30$51.80M7.80%
2020-06-30$48.06M-

23andMe generated $60.26M in revenue during Q3 2024, up 36.74% compared to the previous quarter, and up 120.53% compared to the same period a year ago.

23andMe Revenue Breakdown


23andMe Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceMar 25Mar 24Mar 23Mar 22
Consumer Services$166.51M$202.31M$247.14M-
Research Services$23.39M$27.50M$67.80M-
PGS-$167.74M--
Therapeutics----
Service-$191.82M--
Health Care, Other-$34.57M--
K I T S--$27.70M-

23andMe's latest annual revenue breakdown by segment (product or service), as of Mar 25: Consumer Services (87.68%), and Research Services (12.32%).

Quarterly Revenue by Product

Product/ServiceMar 25Sep 24Mar 24Dec 23Sep 23Jun 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Consumer Services$83.77M$43.59M$88.25M$42.90M$48.66M$22.50M$10.00M$24.50M$83.51M$46.04M$44.49M$47.85M-
Research Services$22.78M$481.00K$19.65M$1.85M$2.90M$3.10M$31.30M$43.40M$59.30M$17.05M$34.00M$39.90M$50.60M
Health Care, Other-$6.42M$17.69M$7.82M$9.06M$11.53M$7.67M------
Service-$38.51M$97.07M$44.75M$50.00M$100.56M$56.89M$55.20M-----
PGS-$37.17M$93.07M$35.08M$39.60M$71.98M$38.37M------
Therapeutics-------------

23andMe's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Consumer Services (78.62%), and Research Services (21.38%).

23andMe Revenue Breakdown by Country

Annual Revenue by Country

CountryMar 25Mar 24Mar 23Mar 22
UNITED KINGDOM$28.14M$24.28M--
UNITED STATES$149.16M$180.15M$217.24M$192.44M
CANADA$8.64M$10.56M$13.58M$14.29M
Other Regions$3.95M$4.64M$5.64M$6.68M
Research Services---$67.80M

23andMe's latest annual revenue breakdown by geography, as of Mar 25: UNITED STATES (78.55%), UNITED KINGDOM (14.82%), CANADA (4.55%), and Other Regions (2.08%).

Quarterly Revenue by Country

CountryMar 25Sep 24Mar 24Dec 23Sep 23Jun 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
UNITED KINGDOM$26.02M$1.97M-----------
CANADA$6.63M$2.40M$3.46M$2.38M$2.56M$2.17M$2.87M$2.84M$3.04M$5.24M$3.06M$2.75M$3.24M
Other Regions$2.96M$1.03M$1.52M$1.01M$1.09M$1.01M$1.11M$1.24M$1.39M$2.13M$1.31M$1.51M$1.74M
UNITED STATES$113.87M$38.67M$55.42M$39.22M$42.19M$43.33M$46.77M$52.55M$48.11M$71.73M$41.74M$38.61M$40.35M

23andMe's latest quarterly revenue breakdown by geography, as of Mar 25: UNITED STATES (76.18%), UNITED KINGDOM (17.40%), CANADA (4.43%), and Other Regions (1.98%).

23andMe Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
TMOThermo Fisher Scientific$42.88B$10.36B
DHRDanaher$23.88B$5.94B
AAgilent$6.83B$1.68B
ILMNIllumina$4.37B$1.10B
IDXXIDEXX Laboratories$3.90B$998.43M
WATWaters$2.96B$661.71M
GHGuardant Health$739.02M$203.47M
TWSTTwist Bioscience$312.97M$92.79M
ME23andMe$219.64M$60.26M

ME Revenue FAQ


What is 23andMe’s yearly revenue?

23andMe's yearly revenue for 2023 was $219.64M, representing a decrease of -26.66% compared to 2022. The company's yearly revenue for 2022 was $299.49M, representing an increase of 10.15% compared to 2021. ME's yearly revenue for 2021 was $271.89M, representing an increase of 11.47% compared to 2020.

What is 23andMe’s quarterly revenue?

23andMe's quarterly revenue for Q3 2024 was $60.26M, a 36.74% increase from the previous quarter (Q2 2024), and a 34.67% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $44.07M, a 9.05% increase from the previous quarter (Q1 2024), and a -11.86% decrease year-over-year (Q2 2023). ME's quarterly revenue for Q1 2024 was $40.41M, a -36.88% decrease from the previous quarter (Q4 2023), and a -33.60% decrease year-over-year (Q1 2023).

What is 23andMe’s revenue growth rate?

23andMe's revenue growth rate for the last 3 years (2021-2023) was -19.22%, and for the last 5 years (2019-2023) was -28.10%.

What are 23andMe’s revenue streams?

23andMe's revenue streams in r 25 are Consumer Services, and Research Services. Consumer Services generated $166.51M in revenue, accounting 87.68% of the company's total revenue, down -17.70% year-over-year. Research Services generated $23.39M in revenue, accounting 12.32% of the company's total revenue, down -14.95% year-over-year.

What is 23andMe’s main source of revenue?

For the fiscal year ending Mar 25, the largest source of revenue of 23andMe was Consumer Services. This segment made a revenue of $166.51M, representing 87.68% of the company's total revenue.