Smart Share Global Limited (EM) Revenue History
Annual and quarterly revenue from 2019 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
EM Revenue Growth
Revenue Breakdown (FY 2024)
EM's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
EM Revenue Analysis (2019–2024)
As of May 8, 2026, Smart Share Global Limited (EM) generated trailing twelve-month (TTM) revenue of $3.07 billion, reflecting significant decline in growth of -24.7% year-over-year. The most recent quarter (Q3 2023) recorded $613.5 million in revenue, down 40.8% sequentially.
Looking at the longer-term picture, EM's 5-year compound annual growth rate (CAGR) stands at -1.3%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $3.59 billion in 2021.
Revenue diversification analysis shows EM's business is primarily driven by Mobile Device Charging Business (73%), Electricity, Generation (25%), and Service, Other (2%). With over half of revenue concentrated in Mobile Device Charging Business, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including BTBT, NXRT (-0.7% YoY), and PSHG (-11.1% YoY), EM has underperformed the peer group in terms of revenue growth. Compare EM vs BTBT →
EM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EMCurrent | $3.1B | -24.7% | -1.3% | -3.8% | |
 BTBT | $164M | - | - | 16.8% | |
 NXRT | $251M | -0.7% | +4.2% | 11.1% | |
 PSHG | $87M | -11.1% | +26.6% | 47.8% | |
 BEEM | $49M | -54.6% | +57.4% | -23.6% | |
 BLNK | $124M | -22.3% | +114.6% | -160.6% |
EM Historical Revenue Data (2019–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $1.89B | -36.0% | $803.6M | 42.4% | $-71,168,000 | -3.8% |
| 2023 | $2.96B | +4.2% | $1.75B | 59.1% | $-1,065,000 | -0.0% |
| 2022 | $2.84B | -20.8% | $2.28B | 80.4% | $-621,245,000 | -21.9% |
| 2021 | $3.59B | +27.6% | $3.03B | 84.5% | $-108,999,000 | -3.0% |
| 2020 | $2.81B | +38.9% | $2.38B | 84.7% | $131.8M | 4.7% |
| 2019 | $2.02B | - | $1.73B | 85.5% | $232.1M | 11.5% |
See EM's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs EM Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare EM vs AMZN
Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..
Start ComparisonEM — Frequently Asked Questions
Quick answers to the most common questions about buying EM stock.
Is EM's revenue growth accelerating or slowing?
EM revenue declined -24.7% year-over-year, contrasting with the 5-year CAGR of -1.3%. TTM revenue fell to $3.1B. This reverses the prior growth trend.
What is EM's long-term revenue growth rate?
Smart Share Global Limited's 5-year revenue CAGR of -1.3% reflects the variable expansion pattern. Current YoY growth of -24.7% is below this long-term average.
How is EM's revenue distributed by segment?
EM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2024 are available for download. Segment mix reveals concentration and diversification trends.