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Converge Technology Solutions revenue
Converge Technology Solutions's revenue is $515.8 million.
What is Converge Technology Solutions's revenue?
- Converge Technology Solutions's revenue growth from 2010 to 2024 is -6.67%.
- Converge Technology Solutions has 750 employees, and the revenue per employee ratio is $687,694.
- Converge Technology Solutions's peak quarterly revenue was $154.3M in 2012(q2).
- Converge Technology Solutions peak revenue was $586.9M in 2022.
- Converge Technology Solutions annual revenue for 2023 was 550.4M, -6.21% growth from 2022.
- Converge Technology Solutions annual revenue for 2024 was 515.8M, -6.3% growth from 2023.
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Converge Technology Solutions historical revenue
Converge Technology Solutions's peak revenue was $586.9M in 2022. The peak quarterly revenue was $154.3M in 2012(q2).
Converge Technology Solutions's revenue increased from $552.6m in 2010 to $515.8M currently. That's a -6.67% change in annual revenue.
Converge Technology Solutions annual revenue
Converge Technology Solutions annual revenue over time
| Fiscal year / year | Converge Technology Solutions revenue |
|---|---|
| 2010 | $552.6M |
| 2011 | $279.9M |
| 2012 | $304.5M |
| 2013 | $409.5M |
| 2014 | $404.0M |
| 2015 | $382.3M |
| 2016 | $396.7M |
| 2017 | $423.0M |
| 2018 | $470.5M |
| 2019 | $469.0M |
| 2020 | $424.1M |
| 2021 | $512.9M |
| 2022 | $586.9M |
| 2023 | $550.4M |
| 2024 | $515.8M |
How accurately did Converge Technology Solutions' revenue projections match actual performance?
Converge Technology Solutions annual growth
Converge Technology Solutions saw the greatest revenue growth in 2013, when revenue increased by 34.48%.
Converge Technology Solutions had the lowest revenue growth in 2011, when revenue changed by -49.36%.
Converge Technology Solutions annual growth rate over time
| Year | Converge Technology Solutions growth |
|---|---|
| 2011 | -49%↓ |
| 2012 | 9%↑ |
| 2013 | 34%↑ |
| 2014 | -1%↓ |
| 2015 | -5%↓ |
| 2016 | 4%↑ |
| 2017 | 7%↑ |
| 2018 | 11%↑ |
| 2019 | -0%↓ |
| 2020 | -10%↓ |
| 2021 | 21%↑ |
| 2022 | 14%↑ |
| 2023 | -6%↓ |
| 2024 | -6%↓ |
Converge Technology Solutions quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Converge Technology Solutions quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2011 | - | $146.9M | $146.1M | ($164.6M) |
| 2012 | $147.0M | $154.3M | $137.4M | ($134.1M) |
| 2013 | $98.1M | $105.4M | $103.6M | $102.4M |
| 2014 | $100.7M | $103.0M | $100.0M | $100.4M |
| 2015 | $98.3M | $100.1M | $90.6M | $93.3M |
| 2016 | $96.7M | $98.7M | $99.7M | $101.6M |
| 2017 | $100.2M | $105.7M | $106.2M | $110.9M |
| 2018 | $113.5M | $118.0M | $118.9M | $120.1M |
| 2019 | $117.6M | $120.7M | $115.7M | $115.0M |
| 2020 | $103.1M | $84.2M | $113.8M | $123.0M |
| 2021 | $128.4M | $129.6M | $122.4M | $132.5M |
| 2022 | $147.7M | $145.0M | $151.9M | $142.3M |
| 2023 | $146.0M | $145.2M | $134.6M | $124.7M |
| 2024 | $125.8M | $130.2M | $132.4M | $127.4M |
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Is Converge Technology Solutions transparent about its revenue structure?
Converge Technology Solutions financial information
| CEO | Richard Graham |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 750 |
| Date Founded | 2017 |
| Number of Locations | 1 |
| Revenue | $515.8M |
| Net Income | $59,575,000 |
| Gross Proft | $189.2M (2024) |
| Tax Rate | 0.2% |
| Total Assets | $748,487,000 |
| Ticker | CTS |
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Converge Technology Solutions financing
Converge Technology Solutions received early financing of $5.0M on 2018-06-01.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Equity | $5M | 06/2018 |
| Post Ipo Equity | $280K | 08/2020 |
| Post Ipo Equity | $62.6M | 11/2020 |
| Post Ipo Equity | $67M | 01/2021 |
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Zippia gives an in-depth look into the details of Converge Technology Solutions, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Converge Technology Solutions. The employee data is based on information from people who have self-reported their past or current employments at Converge Technology Solutions. 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 Converge Technology Solutions. The data presented on this page does not represent the view of Converge Technology Solutions and its employees or that of Zippia.
Converge Technology Solutions may also be known as or be related to Converge Technology Solutions, Converge Technology Solutions Corp and Converge Technology Solutions Corp.