TESSCO Technologies Incorporated manufactures and distributes technology products and solutions for wireless infrastructure market in the United States and internationally. It operates through two segments, Carrier and Commercial. The company offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding products, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems. It also provides network systems products, such as fixed and mobile broadband radio equipment, wireless networking filtering and distributed antenna systems, two-way radios, and security and surveillance products. In addition, the company offers installation, test, and maintenance products comprising analysis equipment; and various frequency, voltage, and power-measuring devices, as well as tools, hardware, GPS and safety products, and replacement and component parts and supplies to install, tune, and maintain wireless communications equipment. The company sells its products to carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, federal governments, state and local governments, manufacturers, national solutions providers, and value-added resellers under the Ventev brand. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland.
Revenue of TESSCO Technologies Incorporated (TESS)
Revenue in 2023 (TTM): $452.06 M
According to TESSCO Technologies Incorporated's latest financial reports the company's current revenue (TTM) is $452.06 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of TESSCO Technologies Incorporated
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $452.06 M | $91.08 M | $-2,113,500 | $-4,341,200 | $-4,347,000 |
| 2022 | $417.54 M | $78.04 M | $-3,506,500 | $-4,383,400 | $-3,312,100 |
| 2021 | $373.34 M | $67.72 M | $-17,791,600 | $-18,217,900 | $-15,246,900 |
| 2020 | $540.3 M | $91.82 M | $-15,991,700 | $-29,273,700 | $-21,568,900 |
| 2019 | $606.81 M | $121.36 M | $8.15 B | $7.29 M | $5.55 M |
| 2018 | $580.27 M | $120.23 M | $7.9 B | $7.47 M | $5.2 M |
| 2017 | $533.3 M | $111.77 M | $6.78 M | $2.49 M | $1.45 M |
| 2016 | $530.68 M | $111.97 M | $9.03 B | $8.87 M | $5.34 M |
| 2015 | $549.62 M | $130.89 M | $14.38 B | $14.21 M | $8.63 M |
| 2014 | $560.09 M | $138.16 M | $26.49 B | $26.31 M | $16.25 M |
| 2013 | $752.57 M | $147.04 M | $29.22 B | $28.99 M | $17.79 M |
| 2012 | $733.39 M | $148.66 M | $27 B | $26.71 M | $16.44 M |
| 2011 | $605.22 M | $133.28 M | $15.98 B | $15.55 M | $10.02 M |
| 2010 | $522.03 M | $123.33 M | $15.06 B | $14.74 M | $9.14 M |
| 2009 | $483.01 M | $121.85 M | $11.2 B | $10.53 M | $6.33 M |
| 2008 | $520.97 M | $116.99 M | $8.11 B | $7.54 M | $4.82 M |
| 2007 | $492.33 M | $121.41 M | $12.2 B | $11.32 M | $7.04 M |
| 2006 | $477.33 M | $103.01 M | $8.74 B | $8.39 M | $5.12 M |
| 2005 | $513.03 M | $94.85 M | $10.1 B | $9.93 M | $6.07 M |
| 2004 | $352.67 M | $77.65 M | $6.81 B | $4.8 M | $2.89 M |
| 2003 | $273.91 M | $71.31 M | $6.26 B | $4.96 M | $3.05 M |
| 2002 | $248.92 M | $68.48 M | $7.89 B | $6.39 M | $3.91 M |
| 2001 | $258.77 M | $74.15 M | $10.55 B | $8.51 M | $5.27 M |
| 2000 | $196.83 M | $57.05 M | $11.69 M | $8.94 M | $5.54 M |
| 1999 | $160.6 M | $44.2 M | $5.3 M | $3.2 M | $2 M |
| 1998 | $131.7 M | $37.8 M | $7.3 M | $5.4 M | $3.4 M |
| 1997 | $147.1 M | $38.7 M | $8.2 M | $6.8 M | $4.2 M |
| 1996 | $92.3 M | $23.9 M | $6.9 M | $6.3 M | $4 M |
| 1995 | $74.5 M | $17.3 M | $4.7 M | $4.1 M | $2.5 M |
| 1994 | $61.4 M | $14.6 M | $2.2 M | $1.7 M | $1000 K |
| 1993 | $49.8 M | $12.4 M | $1.6 M | $1.1 M | $700 K |