Lichen International Limited (LICN) Revenue History
Annual and quarterly revenue from 2014 to 2024
Compound Annual Growth Rate (CAGR)
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LICN Revenue Growth
LICN Revenue Analysis (2014–2024)
As of May 8, 2026, Lichen International Limited (LICN) generated trailing twelve-month (TTM) revenue of $79.6 million, reflecting significant decline in growth of -21.2% year-over-year. The most recent quarter (Q2 2025) recorded $14.3 million in revenue, down 39.0% sequentially.
Looking at the longer-term picture, LICN's 5-year compound annual growth rate (CAGR) stands at +5.6%, indicating steady revenue expansion. The company achieved its highest annual revenue of $41.5 million in 2024, representing a new all-time high.
When compared to Industrials sector peers including FEDU (+100.1% YoY), COE (+228.9% YoY), and GOTU (+50.2% YoY), LICN has underperformed the peer group in terms of revenue growth. Compare LICN vs FEDU →
LICN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LICNCurrent | $80M | -21.2% | +5.6% | -11.0% | |
 FEDU | $251M | +100.1% | -8.4% | -6.3% | |
 COE | $51M | +228.9% | -24.8% | -15.9% | |
 GOTU | $4.6B | +50.2% | +17.0% | -26.0% | |
 TAL | $2.3B | +44.4% | -7.2% | -0.3% | |
 EDU | $4.9B | +7.3% | +6.5% | 8.7% |
LICN Historical Revenue Data (2014–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $41.5M | +4.3% | $25.7M | 61.9% | $-4,551,000 | -11.0% |
| 2023 | $39.8M | +17.6% | $24.3M | 61.2% | $12.3M | 30.8% |
| 2022 | $33.8M | -1.4% | $20.2M | 59.7% | $10.6M | 31.5% |
| 2021 | $34.3M | +11.8% | $20.5M | 59.7% | $11.3M | 32.9% |
| 2020 | $30.7M | -3.0% | $18.8M | 61.4% | $8.8M | 28.7% |
| 2019 | $31.6M | +23.5% | $19.3M | 61.2% | $9.7M | 30.8% |
| 2017 | $25.6M | +23.1% | $18.2M | 71.3% | $9.3M | 36.4% |
| 2016 | $20.8M | +40.8% | $15.2M | 73.0% | $8.6M | 41.5% |
| 2015 | $14.8M | +59.3% | $10.5M | 71.3% | $5.4M | 36.5% |
| 2014 | $9.3M | - | $6.2M | 66.8% | $2.5M | 26.5% |
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Start ComparisonLICN — Frequently Asked Questions
Quick answers to the most common questions about buying LICN stock.
Is LICN's revenue growth accelerating or slowing?
LICN revenue declined -21.2% year-over-year, contrasting with the 5-year CAGR of +5.6%. TTM revenue fell to $80M. This reverses the prior growth trend.
What is LICN's long-term revenue growth rate?
Lichen International Limited's 5-year revenue CAGR of +5.6% reflects the variable expansion pattern. Current YoY growth of -21.2% is below this long-term average.
How is LICN's revenue distributed by segment?
LICN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2024 are available for download. Segment mix reveals concentration and diversification trends.