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Adverum Biotechnologies's revenue is $3.6 million.

What is Adverum Biotechnologies's revenue?

Adverum Biotechnologies's annual revenue is $3.6M. Zippia's data science team found the following key financial metrics about Adverum Biotechnologies after extensive research and analysis.
  • Adverum Biotechnologies's revenue growth from 2013 to 2023 is 650.0%.
  • Adverum Biotechnologies has 188 employees, and the revenue per employee ratio is $19,148.
  • Adverum Biotechnologies's peak quarterly revenue was $7.5M in 2021(1).
  • Adverum Biotechnologies peak revenue was $7.5M in 2021.
  • Adverum Biotechnologies annual revenue for 2021 was 7.5M, 2,900.0% growth from 2019.
  • Adverum Biotechnologies annual revenue for 2023 was 3.6M, -52.0% growth from 2021.

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Most recent quarter revenue
$3.6M (1'2023)
Company most recent quarter revenue
Peak revenue
$7.5M (2021)
Company peak revenue
Revenue / employee
$19,149
Company revenue / employee

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Most recent quarter revenue
$3.6M (1'2023)
Company most recent quarter revenue
Peak revenue
$7.5M (2021)
Company peak revenue
Revenue / employee
$19,149
Company revenue / employee

Adverum Biotechnologies historical revenue

Adverum Biotechnologies's peak revenue was $7.5M in 2021. The peak quarterly revenue was $7.5M in 2021(1).

Adverum Biotechnologies's revenue increased from $480.0k in 2013 to $3.6M currently. That's a 650.0% change in annual revenue.

Adverum Biotechnologies annual revenue

$8M
$6M
$5M
$3M
$2M
$0
2016
2017
2018
2019
2021
2023

Adverum Biotechnologies annual revenue over time

Fiscal year / yearAdverum Biotechnologies revenue
2013$480,000
2014$572,000
2015$2.3M
2016$1.5M
2017$1.8M
2018$1.6M
2019$250,000
2021$7.5M
2023$3.6M

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Adverum Biotechnologies annual growth

Adverum Biotechnologies saw the greatest revenue growth in 2021, when revenue increased by 2,900.0%.

Adverum Biotechnologies had the lowest revenue growth in 2019, when revenue changed by -84.49%.

Adverum Biotechnologies annual growth rate over time

YearAdverum Biotechnologies growth
2014
19%
2015
305%
2016
-37%
2017
27%
2018
-13%
2019
-84%
2021
2900%
2023
-52%

Adverum Biotechnologies quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$8M
$6M
$5M
$3M
$2M
$0
2017
2018
2019
2021
2023

Adverum Biotechnologies quarterly growth rate over time

YearQ1Q2Q3Q4
2014----
2015----
2016----
2017----
2018----
2019----
2021----
2023----

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Adverum Biotechnologies financial information

CEOLaurent Fischer
IndustryPharmaceuticals, Biotechnology & Life Sciences
Company TypePublic
Employees Number188
Date Founded2006
HeadquartersMenlo Park, California
Number of Locations2
Revenue$3.6M
Net Income-$154,536,000
Tax Rate0.0%
Total Assets$308,372,000
TickerADVM

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Adverum Biotechnologies financing

Adverum Biotechnologies received early financing of $5.7M on 2013-11-26.

SeriesRound sizeDate
Series Unknown$5.7M11/2013
Series B$55M04/2014
Post Ipo Equity$10.0M09/2014
Post Ipo Equity$141.6M01/2015
Post Ipo Equity$69M02/2018
Post Ipo Equity$150.2M02/2020
Post Ipo Equity$217M08/2020

Adverum Biotechnologies investors

InvestorsSecurity type
Redmile GroupSeries B
VenrockSeries B
DeerfieldSeries B
Adage Capital ManagementSeries B
Sabby CapitalSeries B
Rock Springs CapitalSeries B

Adverum Biotechnologies competitors

Adverum Biotechnologies's top competitor, Gilead Sciences, earned an annual revenue of $28.8B.

Adverum Biotechnologies's smallest competitor is GlobeImmune with revenue of $6.5M last year.

Adverum Biotechnologies revenue FAQs

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Zippia gives an in-depth look into the details of Adverum Biotechnologies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Adverum Biotechnologies. The employee data is based on information from people who have self-reported their past or current employments at Adverum Biotechnologies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Adverum Biotechnologies. The data presented on this page does not represent the view of Adverum Biotechnologies and its employees or that of Zippia.

Adverum Biotechnologies may also be known as or be related to ADVERUM BIOTECHNOLOGIES INC., Adverum Biotechnologies, Adverum Biotechnologies Inc and Adverum Biotechnologies, Inc.