Neonode Inc. (NEON) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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NEON Revenue Growth
Revenue Breakdown (FY 2025)
NEON's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
NEON Revenue Analysis (2014–2025)
As of May 8, 2026, Neonode Inc. (NEON) generated trailing twelve-month (TTM) revenue of $2.1 million, reflecting significant decline in growth of -20.6% year-over-year. The most recent quarter (Q4 2025) recorded $520,000 in revenue, up 20.9% sequentially.
Looking at the longer-term picture, NEON's 5-year compound annual growth rate (CAGR) stands at -19.2%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $11.1 million in 2015.
Revenue diversification analysis shows NEON's business is primarily driven by License Fees (88%), and Non-recurring Engineering (12%). With over half of revenue concentrated in License Fees, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including INTT (-5.0% YoY), MVIS (-74.3% YoY), and LIQT (+11.0% YoY), NEON has underperformed the peer group in terms of revenue growth. Compare NEON vs INTT →
NEON Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NEONCurrent | $2M | -20.6% | -19.2% | -391.5% | |
 INTT | $114M | -5.0% | +16.2% | -3.3% | |
 MVIS | $1M | -74.3% | -17.1% | -5743.8% | |
 LIQT | $17M | +11.0% | -6.0% | -50.3% | |
 CODA | $27M | +33.2% | +5.8% | 17.1% | |
 SYNA | $1.1B | +12.8% | -4.2% | -8.8% |
NEON Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.1M | -33.7% | $2.0M | 98.7% | $-8,073,000 | -391.5% |
| 2024 | $3.1M | -18.8% | $3.0M | 96.3% | $-6,547,000 | -210.6% |
| 2023 | $3.8M | -32.5% | $3.8M | 99.7% | $-5,737,000 | -149.8% |
| 2022 | $5.7M | -2.8% | $4.9M | 85.8% | $-5,286,000 | -93.2% |
| 2021 | $5.8M | -2.5% | $4.9M | 83.6% | $-7,107,000 | -121.8% |
| 2020 | $6.0M | -10.0% | $4.9M | 82.0% | $-6,191,000 | -103.5% |
| 2019 | $6.6M | -22.2% | $6.0M | 89.7% | $-5,730,000 | -86.2% |
| 2018 | $8.5M | -16.6% | $7.6M | 89.2% | $-3,877,000 | -45.4% |
| 2017 | $10.2M | +0.3% | $7.9M | 77.1% | $-5,476,000 | -53.5% |
| 2016 | $10.2M | -8.1% | $8.9M | 86.9% | $-5,144,000 | -50.4% |
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Start ComparisonNEON — Frequently Asked Questions
Quick answers to the most common questions about buying NEON stock.
Is NEON's revenue growth accelerating or slowing?
NEON revenue declined -20.6% year-over-year, contrasting with the 5-year CAGR of -19.2%. TTM revenue fell to $2M. This reverses the prior growth trend.
What is NEON's long-term revenue growth rate?
Neonode Inc.'s 5-year revenue CAGR of -19.2% reflects the variable expansion pattern. Current YoY growth of -20.6% is below this long-term average.
How is NEON's revenue distributed by segment?
NEON reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.