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NanoString Technologies's revenue is $127.3 million.

What is NanoString Technologies's revenue?

NanoString Technologies's annual revenue is $127.3M. Zippia's data science team found the following key financial metrics about NanoString Technologies after extensive research and analysis.
  • NanoString Technologies's revenue growth from 2012 to 2022 is 453.96%.
  • NanoString Technologies has 270 employees, and the revenue per employee ratio is $471,340.
  • NanoString Technologies's peak quarterly revenue was $48.1M in 2023(q3).
  • NanoString Technologies peak revenue was $145.1M in 2021.
  • NanoString Technologies annual revenue for 2021 was 145.1M, 23.67% growth from 2020.
  • NanoString Technologies annual revenue for 2022 was 127.3M, -12.28% growth from 2021.

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Most recent quarter revenue
$48.1M (Q3'2023)
Company most recent quarter revenue
Peak revenue
$145.1M (2021)
Company peak revenue
Revenue / employee
$471,341
Company revenue / employee

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Most recent quarter revenue
$48.1M (Q3'2023)
Company most recent quarter revenue
Peak revenue
$145.1M (2021)
Company peak revenue
Revenue / employee
$471,341
Company revenue / employee

NanoString Technologies historical revenue

NanoString Technologies's peak revenue was $145.1M in 2021. The peak quarterly revenue was $48.1M in 2023(q3).

NanoString Technologies's revenue increased from $23.0m in 2012 to $127.3M currently. That's a 453.96% change in annual revenue.

NanoString Technologies annual revenue

$145M
$116M
$87M
$58M
$29M
$0
2017
2018
2019
2020
2021
2022

NanoString Technologies annual revenue over time

Fiscal year / yearNanoString Technologies revenue
2012$23.0M
2013$31.4M
2014$47.6M
2015$62.7M
2016$86.5M
2017$114.9M
2018$106.7M
2019$125.6M
2020$117.3M
2021$145.1M
2022$127.3M

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NanoString Technologies annual growth

NanoString Technologies saw the greatest revenue growth in 2014, when revenue increased by 51.56%.

NanoString Technologies had the lowest revenue growth in 2022, when revenue changed by -12.28%.

NanoString Technologies annual growth rate over time

YearNanoString Technologies growth
2013
37%
2014
52%
2015
32%
2016
38%
2017
33%
2018
-7%
2019
18%
2020
-7%
2021
24%
2022
-12%

NanoString Technologies quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$48M
$38M
$29M
$19M
$10M
$0
2019
2020
2021
2022
2023

NanoString Technologies quarterly growth rate over time

YearQ1Q2Q3Q4
2013-$7.2M$8.4M$10.1M
2014$8.8M$10.9M$12.3M$15.6M
2015$11.6M$13.1M$15.7M$22.3M
2016$14.7M$22.6M$23.9M$25.2M
2017$18.1M$34.6M$27.0M$35.2M
2018$23.1M$25.0M$28.6M$30.0M
2019$27.7M$30.3M$30.6M$36.9M
2020$26.6M$22.6M$31.8M$36.3M
2021$31.6M$33.9M$37.2M$42.5M
2022$31.1M$32.2M$29.5M$34.4M
2023$35.8M$44.2M$48.1M-

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NanoString Technologies financial information

CEORobert Bradley Gray
IndustryPharmaceuticals, Biotechnology & Life Sciences
Company TypePublic
Employees Number270
Date Founded2003
HeadquartersSeattle, Washington
Number of Locations1
Revenue$127.3M
Net Income-$159,543,000
Gross Proft$61.8M (2022)
PE Ratio-4.32
Tax Rate-0.0%
Market Capitalization$689.4M
Total Assets$353,412,000
TickerNSTG

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NanoString Technologies financing

NanoString Technologies received early financing of $3.8M on 2005-04-27.

SeriesRound sizeDate
Series A$3.8M04/2005
Series B$8.5M06/2007
Series C$30M06/2009
Series Unknown$15M02/2010
Debt Financing$2.5M06/2011
Series D$20M11/2011
Debt Financing$15M04/2012
Series E$15.3M12/2012
Series Unknown$150K05/2013
Post Ipo Debt$45M04/2014
Post Ipo Equity$56M06/2017
Post Ipo Equity$46.8M07/2018
Post Ipo Equity$68.3M03/2019
Post Ipo Debt$175M03/2020
Post Ipo Equity$230M10/2020

NanoString Technologies investors

InvestorsSecurity type
OVP Venture PartnersSeries A
Threshold VenturesSeries A
OVP Venture PartnersSeries B
Threshold VenturesSeries B
CLARUS VENTURES LLCSeries C
CLARUS VENTURES LLCSeries Unknown
CLARUS VENTURES LLCSeries D
LYSOSOMAL THERAPEUTICS INCSeries D
GE HealthcareSeries D
BioMed VenturesSeries D
Threshold VenturesSeries D
OVP Venture PartnersSeries D
Oxford Finance LLCDebt Financing
Silicon Valley BankDebt Financing
Morgan Stanley Expansion CapitalSeries E
CLARUS VENTURES LLCSeries E
ALLIANCEBERNSTEIN L.P.Series E
GE VenturesSeries E
BioMed VenturesSeries E
OVP Venture PartnersSeries E
Threshold VenturesSeries E
CLARUS VENTURES LLCSeries Unknown
Accelerator CorpSeries Unknown
Threshold VenturesSeries Unknown
CRG LPPost Ipo Debt

NanoString Technologies competitors

NanoString Technologies's top competitor, Merck, earned an annual revenue of $64.2B.

NanoString Technologies's smallest competitor is ZymoGenetics with revenue of $27.0M last year.

NanoString Technologies revenue FAQs

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Zippia gives an in-depth look into the details of NanoString Technologies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about NanoString Technologies. The employee data is based on information from people who have self-reported their past or current employments at NanoString Technologies. 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 NanoString Technologies. The data presented on this page does not represent the view of NanoString Technologies and its employees or that of Zippia.

NanoString Technologies may also be known as or be related to NANOSTRING TECHNOLOGIES INC, NanoString Technologies, NanoString Technologies Inc, NanoString Technologies, Inc. and Nanostring Technologies, Inc.