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Akoustis's peak revenue was $27.4M in 2024. The peak quarterly revenue was $9.0M in 2025(q1).
Akoustis's revenue increased from $254.8k in 2016 to $27.4M currently. That's a 10,645.82% change in annual revenue.
| Fiscal year / year | Akoustis revenue |
|---|---|
| 2016 | $254,834 |
| 2017 | $486,496 |
| 2018 | $1.2M |
| 2019 | $1.4M |
| 2020 | $1.8M |
| 2021 | $6.6M |
| 2022 | $15.4M |
| 2023 | $27.1M |
| 2024 | $27.4M |
Rate Akoustis' financial transparency
Akoustis saw the greatest revenue growth in 2021, when revenue increased by 269.72%.
Akoustis had the lowest revenue growth in 2019, when revenue changed by 19.45%.
| Year | Akoustis growth |
|---|---|
| 2017 | 91%↑ |
| 2018 | 148%↑ |
| 2019 | 19%↑ |
| 2020 | 24%↑ |
| 2021 | 270%↑ |
| 2022 | 132%↑ |
| 2023 | 77%↑ |
| 2024 | 1%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2016 | - | - | - | $20,500 |
| 2017 | - | - | $14,516 | $472,607 |
| 2018 | $300,940 | $297,190 | $284,408 | $326,052 |
| 2019 | $204,453 | $323,000 | $237,000 | $678,798 |
| 2020 | $543,000 | $518,000 | $363,000 | $366,000 |
| 2021 | $636,000 | $1.3M | $2.5M | $2.2M |
| 2022 | $1.9M | $3.7M | $4.6M | $5.2M |
| 2023 | $5.6M | $5.9M | $7.4M | $8.3M |
| 2024 | $7.0M | $7.0M | $7.5M | $5.9M |
| 2025 | $9.0M | - | - | - |
Do you work at Akoustis?
Did Akoustis meet its revenue projections?
| CEO | Jeffrey B Shealy Ph.D. |
| Industry | Technology Hardware & Equipment |
| Company Type | Public |
| Employees Number | 156 |
| Date Founded | 2014 |
| Headquarters | Huntersville, North Carolina |
| Number of Locations | 2 |
| Revenue | $27.4M |
| Net Income | -$63,557,000 |
| Gross Proft | ($689.0K) (2024) |
| Tax Rate | -0.0% |
| Total Assets | $148,917,000 |
| Ticker | AKTS |
Akoustis received early financing of $8.3M on 2015.
| Series | Round size | Date |
|---|---|---|
| Debt | $15M | 2018 |
| Equity | $14.5M | 2017 |
| Equity | $6.3M | 2017 |
| Equity | $10M | 2017 |
| Equity | $10M | 2016 |
| Equity | $4M | 2016 |
| Equity | $8.3M | 2015 |
Zippia gives an in-depth look into the details of Akoustis, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Akoustis. The employee data is based on information from people who have self-reported their past or current employments at Akoustis. 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 Akoustis. The data presented on this page does not represent the view of Akoustis and its employees or that of Zippia.
Akoustis may also be known as or be related to AKOUSTIS TECHNOLOGIES INC., Akoustis, Akoustis Technologies, Akoustis Technologies Inc and Akoustis Technologies, Inc.