Tungray Technologies Inc Class A Ordinary Shares (TRSG) Revenue History
Annual and quarterly revenue from 2020 to 2024
Compound Annual Growth Rate (CAGR)
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TRSG Revenue Growth
TRSG Revenue Analysis (2020–2024)
As of May 8, 2026, Tungray Technologies Inc Class A Ordinary Shares (TRSG) generated trailing twelve-month (TTM) revenue of $27.2 million, reflecting significant decline in growth of -18.1% year-over-year. The most recent quarter (Q4 2024) recorded $7.4 million in revenue, up 35.7% sequentially.
Looking at the longer-term picture, TRSG's historical revenue data shows a 3-year CAGR of -0.5%. The company achieved its highest annual revenue of $14.4 million in 2023.
When compared to Industrials sector peers including CLPS (+0.9% YoY), CNET (-66.6% YoY), and AIXI (+16.7% YoY), TRSG has underperformed the peer group in terms of revenue growth. Compare TRSG vs CLPS →
TRSG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TRSGCurrent | $27M | -18.1% | - | -5.1% | |
 CLPS | $164M | +0.9% | +13.0% | -4.0% | |
 CNET | $15M | -66.6% | -23.3% | -24.3% | |
 AIXI | $70M | +16.7% | - | -18.3% | |
 BTBT | $164M | - | - | 16.8% | |
 CODA | $27M | +33.2% | +5.8% | 17.1% |
TRSG Historical Revenue Data (2020–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $12.8M | -10.8% | $5.6M | 43.7% | $-656,100 | -5.1% |
| 2023 | $14.4M | +21.3% | $6.7M | 46.7% | $1.1M | 7.8% |
| 2022 | $11.8M | -8.9% | $6.7M | 56.3% | $2.3M | 19.7% |
| 2021 | $13.0M | +88.6% | $6.7M | 51.9% | $3.5M | 26.8% |
| 2020 | $6.9M | - | $3.3M | 48.3% | $1.1M | 16.6% |
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Start ComparisonTRSG — Frequently Asked Questions
Quick answers to the most common questions about buying TRSG stock.
Is TRSG's revenue growth accelerating or slowing?
TRSG revenue declined -18.1% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $27M. This reverses the prior growth trend.
What is TRSG's long-term revenue growth rate?
Tungray Technologies Inc Class A Ordinary Shares's 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -18.1% is below this long-term average.
How is TRSG's revenue distributed by segment?
TRSG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2024 are available for download. Segment mix reveals concentration and diversification trends.