S&W Seed Company (SANW) Revenue History
Annual and quarterly revenue from 2009 to present
SANW Revenue Over Time (2009–2024)
SANW Revenue Growth History
9 of 15 years with positive growth- FY2009 revenue growth
- N/A
- FY2010 revenue growth
- +36.0%
- FY2011 revenue growth
- -45.9%
- FY2012 revenue growth
- +288.5%
- FY2013 revenue growth
- +163.9%
- FY2014 revenue growth
- +38.0%
- FY2015 revenue growth
- +57.6%
- FY2016 revenue growth
- +18.3%
- FY2017 revenue growth
- -21.5%
- FY2018 revenue growth
- -15.0%
- FY2019 revenue growth
- +71.2%
- FY2020 revenue growth
- -27.5%
- FY2021 revenue growth
- +5.6%
- FY2022 revenue growth
- -15.1%
- FY2023 revenue growth
- +3.0%
- FY2024 revenue growth
- -17.8%
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2025 | $9.6M | +2.0% |
| Q2 2025 | $5.1M | -38.5% |
| Q1 2025 | $8.3M | -22.8% |
| Q4 2024 | $14.8M | -35.7% |
| Q3 2024 | $9.4M | -47.0% |
| Q2 2024 | $8.3M | -36.1% |
| Q1 2024 | $10.8M | -45.9% |
| Q4 2023 | $23.1M | +15.3% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2024)
SANW's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
SANW Revenue Analysis (2009–2024)
Current Revenue & Growth
As of June 22, 2026, S&W Seed Company (SANW) generated trailing twelve-month (TTM) revenue of $37.8 million, reflecting modest growth of +2.0% year-over-year. The most recent quarter (Q3 2025) recorded $9.6 million in revenue, up 88.2% sequentially.
Historical Growth Trajectory
SANW's 5-year compound annual growth rate (CAGR) stands at -11.2%, indicating revenue contraction over this period. The 3-year CAGR of -10.4% exceeds the 5-year average, indicating an acceleration in the most recent period. S&W Seed Company's highest annual revenue of $109.7 million was recorded in 2019.
Revenue by Segment
SANW's revenue is primarily driven by Other (81%), and Service (19%). With over half of revenue concentrated in Other, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Defensive sector peers — including SEED (-22.1% YoY), FLXS (+6.4% YoY), and RKDA (-9.5% YoY) — SANW has underperformed the peer group in revenue growth. Compare SANW vs SEED →
SANW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SANWCurrent | $38M | +2.0% | -11.2% | -29.3% | |
 SEED | $90M | -22.1% | +11.4% | -58.9% | |
 FLXS | $441M | +6.4% | +3.7% | 6.0% | |
 RKDA | $5M | -9.5% | -9.6% | -205.7% | |
 CTVA | $17.4B | +6.3% | +4.1% | 15.1% | |
 BG | $70.3B | +56.9% | +11.2% | 1.5% |
SANW Historical Revenue Data (2009–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $60.4M | -17.8% | $15.8M | 26.2% | $-17,688,257 | -29.3% |
| 2023 | $73.5M | +3.0% | $14.5M | 19.8% | $-17,943,522 | -24.4% |
| 2022 | $71.4M | -15.1% | $6.4M | 8.9% | $-32,803,767 | -46.0% |
| 2021 | $84.0M | +5.6% | $13.7M | 16.3% | $-20,269,261 | -24.1% |
| 2020 | $79.6M | -27.5% | $14.9M | 18.8% | $-16,828,448 | -21.1% |
| 2019 | $109.7M | +71.2% | $40.7M | 37.1% | $11.4M | 10.4% |
| 2018 | $64.1M | -15.0% | $14.8M | 23.0% | $-2,993,592 | -4.7% |
| 2017 | $75.4M | -21.5% | $16.1M | 21.4% | $-2,408,456 | -3.2% |
| 2016 | $96.0M | +18.3% | $18.4M | 19.1% | $2.0M | 2.1% |
| 2015 | $81.2M | +57.6% | $16.6M | 20.4% | $2.4M | 2.9% |
| 2014 | $51.5M | +38.0% | $10.0M | 19.4% | $1.1M | 2.0% |
| 2013 | $37.3M | +163.9% | $3.6M | 9.6% | $-3,368,268 | -9.0% |
| 2012 | $14.1M | +288.5% | $3.9M | 27.6% | $620K | 4.4% |
| 2011 | $3.6M | -45.9% | $1.4M | 37.4% | $-1,498,297 | -41.1% |
| 2010 | $6.7M | +36.0% | $1.8M | 27.5% | $396K | 5.9% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
17+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
SANW — Frequently Asked Questions
Quick answers to the most common questions about buying SANW stock.
Is SANW's revenue growth accelerating or slowing?
SANW revenue growth is slowing. TTM revenue is $38M, up +2.0% year-over-year — below the 5-year CAGR of -11.2%. The deceleration suggests maturing end-markets or increased competition.
What is SANW's revenue history from 2009 to 2026?
S&W Seed Company (SANW) revenue history spans 2009 to 2026. TTM revenue as of 2026 is $38M, growing at +2.0% YoY. The 5-year CAGR is -11.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is SANW's long-term revenue growth rate (CAGR)?
S&W Seed Company's 5-year revenue CAGR of -11.2% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of +2.0% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for SANW.
Why does SANW's quarterly revenue fluctuate?
SANW 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. S&W Seed Company's revenue data from 2009 to 2026 shows full historical quarterly detail on this page.
How is SANW's revenue distributed by segment?
SANW 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 SANW's revenue compare to industry peers?
S&W Seed Company (SANW) with TTM revenue of $38M and +2.0% 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.