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IKONICS's peak revenue was $140.1M in 2024. The peak quarterly revenue was $42.4M in 2024(q1).
IKONICS's revenue increased from $15.8m in 2007 to $140.1M currently. That's a 785.01% change in annual revenue.
| Fiscal year / year | IKONICS revenue |
|---|---|
| 2009 | $15.1M |
| 2010 | $16.5M |
| 2011 | $16.8M |
| 2012 | $17.3M |
| 2013 | $17.5M |
| 2014 | $18.5M |
| 2015 | $17.6M |
| 2016 | $17.6M |
| 2017 | $17.2M |
| 2018 | $18.2M |
| 2019 | $17.6M |
| 2020 | $13.4M |
| 2022 | $15.0M |
| 2023 | $69.2M |
| 2024 | $140.1M |
Rate IKONICS's financial transparency
IKONICS saw the greatest revenue growth in 2017, when revenue increased by 98,040.81%.
IKONICS had the lowest revenue growth in 2018, when revenue changed by -99.89%.
| Year | IKONICS growth |
|---|---|
| 2009 | -5%↓ |
| 2010 | 9%↑ |
| 2011 | 2%↑ |
| 2012 | 3%↑ |
| 2013 | 1%↑ |
| 2014 | 6%↑ |
| 2015 | -5%↓ |
| 2016 | 0%↑ |
| 2017 | -2%↓ |
| 2018 | 6%↑ |
| 2019 | -3%↓ |
| 2020 | -24%↓ |
| 2022 | 12%↑ |
| 2023 | 361%↑ |
| 2024 | 102%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $3.6M | $3.8M | $3.9M | $3.9M |
| 2010 | $3.7M | $4.2M | $4.1M | $4.4M |
| 2011 | $3.7M | $4.6M | $4.4M | $4.2M |
| 2012 | $4.0M | $4.5M | $4.2M | $4.5M |
| 2013 | $4.0M | $4.7M | $4.2M | $4.6M |
| 2014 | $4.5M | $4.9M | $4.5M | $4.6M |
| 2015 | $3.6M | $4.7M | $4.5M | $4.8M |
| 2016 | $4.0M | $4.2M | $4.6M | $4.8M |
| 2017 | $3.6M | $4.7M | $4.0M | $4.9M |
| 2018 | $4.1M | $4.6M | $4.7M | $4.9M |
| 2019 | $3.5M | $4.6M | $4.5M | $5.0M |
| 2020 | $3.5M | $2.6M | $3.1M | $13.4M |
| 2022 | $217,000 | $1.4M | $3.9M | $9.6M |
| 2023 | $11.5M | $15.5M | $19.0M | $23.3M |
| 2024 | $42.4M | $35.6M | $27.1M | $35.0M |
Do you work at IKONICS?
Did IKONICS meet its revenue projections?
| CEO | Glenn Sandgren |
| Industry | Commercial & Professional Services |
| Company Type | Public |
| Employees Number | 58 |
| Date Founded | 1952 |
| Headquarters | Duluth, Minnesota |
| Number of Locations | 2 |
| Revenue | $140.1M |
| Net Income | -$90,791,000 |
| Gross Proft | $77.4M (2024) |
| EBITDA | ($59.7M) (2022) |
| PE Ratio | -0.28 |
| Tax Rate | 0.0% |
| Market Capitalization | $20.0M |
| Total Assets | $317,687,000 |
| Ticker | IKNX |
IKONICS's top competitor, AMI Graphics, earned an annual revenue of $14.2M.
IKONICS's smallest competitor is Thinkfun with revenue of $280.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Faviana | - | $4.6M | 35 | - |
| Sorrelli | - | $13.0M | 60 | - |
| RAEN | - | $6.6M | 125 | - |
| Imagine This Company | - | $7.9M | 90 | - |
| T3 Micro | - | $5.3M | 61 | - |
| Sellmark | - | $570,000 | 7 | - |
| COLLECTION 18 | - | $13.0M | 100 | - |
| AMI Graphics | - | $14.2M | 42 | - |
| Vermont Nut Free Chocolates | - | $1.6M | 10 | - |
| Bleacher Creatures | - | $330,000 | 6 | - |
Zippia gives an in-depth look into the details of IKONICS, including salaries, political affiliations, employee data, and more, in order to inform job seekers about IKONICS. The employee data is based on information from people who have self-reported their past or current employments at IKONICS. 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 IKONICS. The data presented on this page does not represent the view of IKONICS and its employees or that of Zippia.
IKONICS may also be known as or be related to IKONICS, IKONICS Corp., IKONICS Corporation and Ikonics Corporation.