Interpace Biosciences (IDXG) Revenue Growth

Price: $2.005
Market Cap: $8.83M
Avg Volume: 7.93K
Country: US
Industry: Medical - Diagnostics & Research
Sector: Healthcare
Beta: 0.669
52W Range: $1.01-2.08
Website: Interpace Biosciences

What is Interpace Biosciences's Revenue Growth?

  • Interpace Biosciences's annual revenue growth as of FY 2023 is 26.31%.
  • Interpace Biosciences's quarterly revenue growth as of Q2 2024 is 17.22%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess Interpace Biosciences's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $40.21M
    • Quarterly: $12.04M
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $17.17M
    • Quarterly: $4.61M
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 26.19%
    • Quarterly Growth: 9.73%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $23.04M
    • Quarterly: $7.43M
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: 26.39%
    • Quarterly Growth: 22.40%

These metrics provide insights into Interpace Biosciences's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

26.31%

Quarterly Revenue Growth

17.22%

Historical Annual Revenue Growth
Historical Quarterly Revenue Growth
Historical Annual Revenue
Historical Quarterly Revenue
Historical Annual Cost of Revenue
Historical Quarterly Cost of Revenue
Historical Annual Gross Profit
Historical Quarterly Gross Profit

Interpace Biosciences Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $40.21M 26.31% $17.17M 26.19% $23.04M 26.39%
2022 $31.84M -22.94% $13.61M -41.77% $18.23M 1.59%
2021 $41.31M 27.52% $23.37M 7.83% $17.95M 67.32%
2020 $32.40M 34.55% $21.67M 36.41% $10.72M 30.94%
2019 $24.08M 9.97% $15.89M 55.81% $8.19M -29.99%
2018 $21.90M 37.74% $10.20M 38.58% $11.70M 37.01%
2017 $15.90M 21.49% $7.36M 10.80% $8.54M 32.51%
2016 $13.09M 38.73% $6.64M -3.89% $6.44M 155.51%
2015 $9.43M -92.14% $6.91M -93.19% $2.52M -86.40%
2014 $119.94M -20.49% $101.39M -19.80% $18.54M -24.04%