The table below shows Akoustis Technologies, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
Revenue
$27.38M
$27.12M
$15.35M
$6.62M
$1.79M
$1.44M
Cost of revenue
$28.07M
$30.24M
$19.49M
$10.65M
$2.41M
$1.01M
Gross profit
-$689.00K
-$3.12M
-$4.14M
-$4.03M
-$624.00K
$430.00K
R&D
$29.99M
$33.24M
$35.71M
$24.08M
$20.52M
$19.07M
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.