CION Investment Corporation (CION) Revenue History
Annual and quarterly revenue from 2012 to present
CION Revenue Over Time (2012–2025)
CION Revenue Growth History
7 of 13 years with positive growth- FY2012 revenue growth
- N/A
- FY2013 revenue growth
- +33268.4%
- FY2014 revenue growth
- +249.4%
- FY2015 revenue growth
- -46.8%
- FY2016 revenue growth
- +1024.6%
- FY2017 revenue growth
- -10.7%
- FY2018 revenue growth
- -27.2%
- FY2019 revenue growth
- +26.7%
- FY2020 revenue growth
- -68.3%
- FY2021 revenue growth
- +372.9%
- FY2022 revenue growth
- -32.4%
- FY2023 revenue growth
- +73.5%
- FY2024 revenue growth
- -25.7%
- FY2025 revenue growth
- +40.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $49.8M | — |
| Q4 2025 | $-15,931,000 | — |
| Q3 2025 | $61.3M | — |
| Q2 2025 | $52.6M | — |
| Q1 2025 | $-16,592,000 | — |
| Q4 2024 | $33.9M | — |
| Q3 2024 | $26.2M | — |
| Q2 2024 | $49.1M | — |
Multi-year avg. share of annual revenue by fiscal quarter
CION Revenue Analysis (2012–2025)
Current Revenue & Growth
As of June 28, 2026, CION Investment Corporation (CION) generated trailing twelve-month (TTM) revenue of $147.7 million. The most recent quarter (Q1 2026) recorded $49.8 million in revenue
Historical Growth Trajectory
CION's 5-year compound annual growth rate (CAGR) stands at +42.2%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +22.0% is below the 5-year average, signalling a growth deceleration in recent years. CION Investment Corporation's highest annual revenue of $201.3 million was recorded in 2025, an all-time high.
Peer Comparison
Compared to Financial Services sector peers — including ARCC, GBDC, and SLRC. Compare CION vs ARCC →
CION Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CIONCurrent | $148M | - | +42.2% | 34.7% | |
 ARCC | $3.1B | - | - | 69.7% | |
 GBDC | $871M | - | - | 78.9% | |
 SLRC | $220M | - | - | 72.9% | |
 CGBD | $198M | - | - | 86.2% | |
 TPVG | $97M | - | - | 77.9% |
CION Historical Revenue Data (2012–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $201.3M | - | $149.8M | 74.4% | $69.8M | 34.7% |
| 2024 | $142.8M | - | $45.9M | 32.2% | $34.0M | 23.8% |
| 2023 | $192.2M | - | $106.6M | 55.5% | $95.3M | 49.6% |
| 2022 | $110.8M | - | $61.1M | 55.2% | $50.5M | 45.6% |
| 2021 | $163.8M | - | $132.0M | 80.6% | $119.1M | 72.7% |
| 2020 | $34.6M | - | $-2,204,000 | -6.4% | $-10,754,000 | -31.1% |
| 2019 | $109.1M | - | $59.6M | 54.6% | $51.9M | 47.5% |
| 2018 | $86.1M | - | $40.5M | 47.0% | $31.3M | 36.4% |
| 2017 | $118.3M | - | $95.2M | 80.5% | $85.9M | 72.6% |
| 2016 | $132.5M | - | $128.9M | 97.3% | $119.7M | 90.3% |
| 2015 | $11.8M | - | $11.4M | 96.6% | $-1,442,000 | -12.2% |
| 2014 | $22.2M | - | $22.2M | 100.0% | $16.3M | 73.7% |
| 2013 | $6.3M | - | $6.3M | 100.0% | $6.1M | 96.2% |
| 2012 | $19K | - | $19K | 100.0% | $25K | 131.6% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
14+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CION — Frequently Asked Questions
Quick answers to the most common questions about buying CION stock.
Is CION's revenue growth accelerating or slowing?
CION TTM revenue: $148M. YoY growth: N/A. 5-year CAGR: +42.2%.
What is CION's revenue history from 2012 to 2026?
CION Investment Corporation (CION) revenue history spans 2012 to 2026. TTM revenue as of 2026 is $148M, growing at N/A YoY. The 5-year CAGR is +42.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CION's long-term revenue growth rate (CAGR)?
CION Investment Corporation's 5-year revenue CAGR of +42.2% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of N/A is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CION.
Why does CION's quarterly revenue fluctuate?
CION quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. CION Investment Corporation's revenue data from 2012 to 2026 shows full historical quarterly detail on this page.
How is CION's revenue distributed by segment?
CION reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CION's revenue compare to industry peers?
CION Investment Corporation (CION) with TTM revenue of $148M and N/A YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.