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This statistic highlights Immersion Corp’s Revenue Breakdown by Segment, split between Royalty and License, and Development and Services, reported on a quarterly basis from Q1 2016 onwards.
Revenue Breakdown by Segment | Q3 2020 | Q2 2021 | Q3 2021 | Contribution in Q3 2021 |
Development, services, and other | $0.06 | $0.10 | $0.10 | 2% |
Royalty and license | $7 | $11 | $7 | 98% |
Total | $7.06 | $11.10 | $7.10 | 100% |
(All figures are in millions, except percentages)
Immersion Corporation is a premier licensing company mainly focused on the invention, acceleration, and scaling, through licensing, of innovative haptic technologies that allow people to use their sense of touch to engage with products and experience the digital world around them effectively. They are one of the leading experts in haptics, and their focus on innovation allows them to deliver world-class intellectual property and technology that enables the creation of products that delight end users.
Immersion Corp’s Revenue by Segment increases on a year-on-year and quarter-on-quarter basis. Earlier in Q3 2020 company held a revenue of $7.06 million, while in Q3 2021 it rose to $7.1 million showing an increase of 1%. The company’s Development, Services, and Other segments show revenue holding of 2%, and the Royalty and License segment stands for 98% which is the largest revenue shareholding for the year 2021.
The company shows immense up and down in revenue by region in the Development, services and other segment. Earlier in Q3 2020 company held a total of $0.06 million, while in the year Q2 2021 it rose to $0.1 million. This shows their 67% rise in revenue in this region of the company. While for the year Q3 2021 it remains the same as $0.1 million.
The company shows immense up and down in revenue by region in the Royalty and License segment. Earlier in Q3 2020 company held a total of $7 million, while in the year Q2 2021 it rose to $11 million. This shows their 57% rise in revenue in this region of the company. While in the year Q3 2021 it falls immensely to $7 million, which shows the total growth decreases by 37%.
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