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This statistic highlights McAfee Corp’s Revenue Breakdown by Region, split between the United States and International (Rest of the World), on a quarterly basis from Q3 2019 onwards.
Region | Q3 2020 | Q2 2021 | Q3 2021 | Contribution in Q3 2021 |
US | $402 | $284 | $300 | 61% |
International | $326 | $183 | $191 | 39% |
Total | $728 | $467 | $491 | 100% |
(All figures are in millions, except percentages)
The total revenue has shown a decrease of $237 million, from $728 million in Q3 2020 to $491 million in Q3 2021 almost a decline of about 32.55% on a YOY basis. Moreover, for the latest quarter in 2021, 61% of the revenue can be traced back to the United States, whereas all other countries contribute 39% of the revenue. In Q3 2021, Asana Inc. recorded exceptionally high revenue of $300 million from the United States. For the same time period, earnings from the rest of the world (international) were approximately $191 million.
United States
The majority of the total revenue of the company is generated by the United States with a contribution of 61%. They had shown an increase of 5.63% and a decrease of 29.35% in the latest quarter as compared to Q2 2021 and Q3 2020 respectively.
International (Rest of the world)
Revenue from other countries contributed 39% to the total revenue of the company in the latest quarter. This region showed a revenue of $191 million in Q3 2021 with a decrease of 41.41% from Q3 2020 on a YOY basis and an increase of 4.37% from Q2 2021 on a quarterly basis.
About McAfee Corp
McAfee is a global leader in cybersecurity for over 30 years. It protects millions of consumers and many of the world’s largest government and enterprise clients with a variety of cybersecurity tools. McAfee meets the cyber security needs of consumers, with solutions for device security, privacy and safe WiFi, online protection, and identity protection, among others.
McAfee Corp. was incorporated in Delaware in 2019. Originally founded in 1987 by John McAfee, the company was then bought by Intel in 2011. A joint venture between Intel and TPG Capital in turn in 2016 resulted in the current ownership status of the company wherein Intel holds a 49-percent stake. McAfee returned to the stock market in 2020. Its stock is traded on the Nasdaq stock exchange under the ticker ‘MCFE’.
McAfee is a cybersecurity company that provides advanced security solutions. Security technologies from McAfee use a unique, predictive capability that is powered by McAfee Global Threat Intelligence, which enables home users to stay protected against fileless attacks, viruses, malware, and other online threats. The main competitors of the company are NortonLifelock, Avast/AVG, Kaspersky, Trend Micro, ESET, and Microsoft, which expanded from desktop anti-malware into mobile, security, VPN, and identity protection among others. At the same time, their competitors also include point-tool provider companies like Cujo and Dojo in the home IoT (Internet of Things) space and AnchorFree, ExpressVPN, and ProtonVPN in the network security domain.
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