Venus Concept Inc. (VERO) Revenue History
Annual and quarterly revenue from 2015 to 2024
Compound Annual Growth Rate (CAGR)
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VERO Revenue Growth
Revenue Breakdown (FY 2024)
VERO's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
VERO Revenue Analysis (2015–2024)
As of May 8, 2026, Venus Concept Inc. (VERO) generated trailing twelve-month (TTM) revenue of $58.9 million, reflecting moderate decline in growth of -8.2% year-over-year. The most recent quarter (Q3 2025) recorded $13.8 million in revenue, down 12.2% sequentially.
Looking at the longer-term picture, VERO's 5-year compound annual growth rate (CAGR) stands at -10.1%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $110.4 million in 2019.
Revenue diversification analysis shows VERO's business is primarily driven by System (59%), Leases (20%), and Product (16%). With over half of revenue concentrated in System, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including INMD (-4.5% YoY), SSKN (-5.2% YoY), and LASE (+177.0% YoY), VERO has underperformed the peer group in terms of revenue growth. Compare VERO vs INMD →
VERO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VEROCurrent | $59M | -8.2% | -10.1% | -41.9% | |
 INMD | $370M | -4.5% | +12.4% | 23.0% | |
 SSKN | $34M | -5.2% | +1.2% | -27.6% | |
 LASE | $3M | +177.0% | - | -189.3% | |
 HIMS | $2.3B | +59.0% | +73.6% | 5.2% | |
 SKIN | $301M | -8.2% | +20.4% | -6.9% |
VERO Historical Revenue Data (2015–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $64.8M | -15.1% | $44.3M | 68.3% | $-27,184,000 | -41.9% |
| 2023 | $76.4M | -23.3% | $52.2M | 68.3% | $-28,309,000 | -37.1% |
| 2022 | $99.5M | -5.8% | $66.0M | 66.3% | $-34,876,000 | -35.1% |
| 2021 | $105.6M | +35.4% | $74.1M | 70.2% | $-14,767,000 | -14.0% |
| 2020 | $78.0M | -29.3% | $51.4M | 65.9% | $-67,898,000 | -87.0% |
| 2019 | $110.4M | +402.9% | $76.7M | 69.4% | $-30,278,000 | -27.4% |
| 2018 | $22.0M | +3.1% | $9.5M | 43.3% | $-25,906,000 | -118.0% |
| 2017 | $21.3M | +36.5% | $9.1M | 42.9% | $-17,282,000 | -81.1% |
| 2016 | $15.6M | -9.5% | $5.2M | 33.1% | $-18,932,000 | -121.4% |
| 2015 | $17.2M | - | $4.7M | 27.4% | $-20,525,000 | -119.1% |
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Start ComparisonVERO — Frequently Asked Questions
Quick answers to the most common questions about buying VERO stock.
Is VERO's revenue growth accelerating or slowing?
VERO revenue declined -8.2% year-over-year, contrasting with the 5-year CAGR of -10.1%. TTM revenue fell to $59M. This reverses the prior growth trend.
What is VERO's long-term revenue growth rate?
Venus Concept Inc.'s 5-year revenue CAGR of -10.1% reflects the variable expansion pattern. Current YoY growth of -8.2% is below this long-term average.
How is VERO's revenue distributed by segment?
VERO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2024 are available for download. Segment mix reveals concentration and diversification trends.