VerifyMe, Inc. (VRME) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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VRME Revenue Growth
Revenue Breakdown (FY 2024)
VRME's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
VRME Revenue Analysis (2013–2024)
As of May 7, 2026, VerifyMe, Inc. (VRME) generated trailing twelve-month (TTM) revenue of $21.7 million, reflecting moderate decline in growth of -7.4% year-over-year. The most recent quarter (Q3 2025) recorded $5.0 million in revenue, up 11.3% sequentially.
Looking at the longer-term picture, VRME's 5-year compound annual growth rate (CAGR) stands at +150.6%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $25.3 million in 2023.
Revenue diversification analysis shows VRME's business is primarily driven by Premium Services (100%). With over half of revenue concentrated in Premium Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including COHU (+23.1% YoY), IDAI (+72.6% YoY), and DGLY (-20.5% YoY), VRME has underperformed the peer group in terms of revenue growth. Compare VRME vs COHU →
VRME Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VRMECurrent | $22M | -7.4% | +150.6% | -8.6% | |
 COHU | $453M | +23.1% | -6.6% | -13.3% | |
 IDAI | $3M | +72.6% | +7.9% | -303.9% | |
 DGLY | $20M | -20.5% | +13.5% | -77.4% | |
 AAON | $1.4B | +20.1% | +22.9% | 10.1% |
VRME Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $24.2M | -4.4% | $8.7M | 35.8% | $-2,075,000 | -8.6% |
| 2023 | $25.3M | +29.3% | $8.0M | 31.7% | $-3,238,000 | -12.8% |
| 2022 | $19.6M | +2157.9% | $6.5M | 33.1% | $-3,747,000 | -19.1% |
| 2021 | $867K | +152.8% | $599K | 69.1% | $-4,831,000 | -557.2% |
| 2020 | $343K | +40.0% | $281K | 81.9% | $-3,568,000 | -1040.2% |
| 2019 | $245K | +227.2% | $200K | 81.6% | $-2,432,573 | -992.9% |
| 2018 | $75K | - | $46K | 61.5% | $-2,595,801 | -3466.4% |
| 2017 | $0 | -100.0% | $-43,095 | - | $-2,835,504 | - |
| 2016 | $37K | -82.9% | $13K | 34.3% | $-3,734,338 | -10077.8% |
| 2015 | $217K | +74.4% | $152K | 69.8% | $-5,242,490 | -2412.9% |
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Start ComparisonVRME — Frequently Asked Questions
Quick answers to the most common questions about buying VRME stock.
Is VRME's revenue growth accelerating or slowing?
VRME revenue declined -7.4% year-over-year, contrasting with the 5-year CAGR of +150.6%. TTM revenue fell to $22M. This reverses the prior growth trend.
What is VRME's long-term revenue growth rate?
VerifyMe, Inc.'s 5-year revenue CAGR of +150.6% reflects the variable expansion pattern. Current YoY growth of -7.4% is below this long-term average.
How is VRME's revenue distributed by segment?
VRME 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.