Quick Answer
Envela Corp reported Revenue (ASC 606) of $171.67 million for fiscal year 2023.
Envela Corp Revenue (ASC 606) — Annual History
| Fiscal Year | Revenue (ASC 606) | YoY Change |
|---|---|---|
| 2023 | $171.67M | -6.0% |
| 2022 | $182.69M | +29.6% |
| 2021 | $140.97M | +23.7% |
| 2020 | $113.92M | +38.9% |
| 2019 | $82.02M | +51.7% |
| 2018 | $54.06M | -12.8% |
| 2017 | $61.99M | — |
Quarterly Revenue (ASC 606)
| Quarter Ending | Revenue (ASC 606) | YoY | QoQ |
|---|---|---|---|
| March 31, 2024 | $39.86M | -20.0% | +9.9% |
| September 30, 2023 | $36.27M | -19.8% | -27.9% |
| June 30, 2023 | $50.30M | +18.0% | +1.0% |
| March 31, 2023 | $49.81M | +5.0% | +10.2% |
| September 30, 2022 | $45.20M | +19.9% | +6.0% |
| June 30, 2022 | $42.64M | +26.4% | -10.1% |
| March 31, 2022 | $47.42M | +86.0% | +25.8% |
| September 30, 2021 | $37.68M | -2.9% | +11.7% |
- Envela Corp showed a decrease of -6.0% in Revenue (ASC 606) compared to the prior fiscal year.
- Over the 2017–2023 period, Envela Corp’s revenue (asc 606) has grown by 176.9% (from $61.99 million to $171.67 million).
- The most recent figure is from Envela Corp’s fiscal year 2023 report (Form 10-K), filed with the SEC on March 21, 2024.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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