The table below shows Akoustis Technologies, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q3 2024
Q1 2024
Q4 2023
Q3 2023
Q1 2023
Q4 2022
Revenue
$9.03M
$7.51M
$7.02M
$7.00M
$7.36M
$5.87M
Cost of revenue
$4.72M
$7.16M
$6.34M
$8.09M
$8.47M
$5.27M
Gross profit
$4.30M
$349.00K
$681.00K
-$1.08M
-$1.12M
$591.00K
R&D
$2.69M
$5.97M
$6.41M
$10.35M
$7.35M
$7.64M
AKTS annual revenue (10-K history)
Akoustis Technologies, Inc. reported annual revenue of $27.38M for fiscal year 2024. That is up 1.0% from $27.12M in fiscal 2023. Over the 9 fiscal years shown, annual revenue grew from $254.83K (FY 2016) to $27.38M. Figures come from the company's audited annual reports as filed with the SEC.