Tantech Holdings Ltd (TANH) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
TANH Revenue Growth
Revenue Breakdown (FY 2022)
TANH's revenue distribution by segment and geography for fiscal year 2022
By Product/Segment
By Geography
TANH Revenue Analysis (2013–2024)
As of May 6, 2026, Tantech Holdings Ltd (TANH) generated trailing twelve-month (TTM) revenue of $90.3 million, reflecting significant decline in growth of -22.3% year-over-year. The most recent quarter (Q4 2024) recorded $21.4 million in revenue, down 0.5% sequentially.
Looking at the longer-term picture, TANH's 5-year compound annual growth rate (CAGR) stands at -2.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $65.5 million in 2014.
Revenue diversification analysis shows TANH's business is primarily driven by Consumer product (99%), and EV (1%). With over half of revenue concentrated in Consumer product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Defensive sector peers including CODA (+33.2% YoY), CBAT (-22.0% YoY), and NRGV (+362.0% YoY), TANH has underperformed the peer group in terms of revenue growth. Compare TANH vs CODA →
TANH Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TANHCurrent | $90M | -22.3% | -2.7% | 9.3% | |
 CODA | $27M | +33.2% | +5.8% | 17.1% | |
 CBAT | $177M | -22.0% | +51.4% | 5.0% | |
 NRGV | $204M | +362.0% | - | -36.5% | |
 GPRE | $2.1B | -14.9% | +1.7% | -4.0% | |
 AMTX | $208M | -26.2% | +4.7% | -17.9% |
TANH Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $42.9M | -9.3% | $8.9M | 20.8% | $4.0M | 9.3% |
| 2023 | $47.3M | -11.5% | $10.2M | 21.5% | $1.8M | 3.9% |
| 2022 | $53.5M | -3.2% | $10.1M | 18.9% | $5.9M | 11.1% |
| 2021 | $55.3M | +30.7% | $10.4M | 18.9% | $-8,514,845 | -15.4% |
| 2020 | $42.3M | -14.1% | $4.5M | 10.6% | $-10,344,960 | -24.5% |
| 2019 | $49.2M | +66.5% | $6.0M | 12.1% | $732K | 1.5% |
| 2018 | $29.6M | -31.4% | $8.0M | 27.2% | $2.4M | 8.0% |
| 2017 | $43.1M | -9.6% | $10.7M | 24.8% | $4.6M | 10.7% |
| 2016 | $47.7M | -19.0% | $13.5M | 28.4% | $6.3M | 13.2% |
| 2015 | $58.8M | -10.2% | $16.9M | 28.7% | $10.2M | 17.4% |
See TANH's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TANH Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TANH vs WMT
Side-by-side business, growth, and profitability comparison vs Walmart Inc..
Start ComparisonTANH — Frequently Asked Questions
Quick answers to the most common questions about buying TANH stock.
Is TANH's revenue growth accelerating or slowing?
TANH revenue declined -22.3% year-over-year, contrasting with the 5-year CAGR of -2.7%. TTM revenue fell to $90M. This reverses the prior growth trend.
What is TANH's long-term revenue growth rate?
Tantech Holdings Ltd's 5-year revenue CAGR of -2.7% reflects the variable expansion pattern. Current YoY growth of -22.3% is below this long-term average.
How is TANH's revenue distributed by segment?
TANH reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.