Phoenix Motor Inc. (PEVM) Revenue (2021 - 2025)
Phoenix Motor (PEVM) reported Revenue of $2.49 million for Q3 2025, down 47.8% from $4.77 million a year earlier and down 9.2% from the prior quarter.
Phoenix Motor Inc. (PEVM) Revenue (2021 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, Phoenix Motor's Revenue came in at $14.57 million, down 44.2% year-over-year; for FY2024, it came in at $31.15 million, up 897.9% from FY2023.
- Revenue has a three-year compound annual growth rate of 118.7% (FY2021 to FY2024).
- By year, Revenue came in at $3.12 million in FY2023 (-27.9%), $4.33 million in FY2022 (+45.4%) and $2.98 million in FY2021.
- The Q3 2025 figure ranks as the lowest quarterly Revenue since Q4 2023.
- Year over year, Revenue has now declined in each of the last three quarters, with growth averaging 238.0% over the last five quarters.
- The high point for year-over-year Revenue in five years was Q2 2024 (growth of 939.0%); the low point was Q2 2025 (a decline of 77.2%).
- Per Business Quant data, the three quarters before Q3 2025 came in at $2.74 million (Q2 2025), $4.41 million (Q1 2025) and $4.93 million (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 2.49 Mn |
| Jun 30, 2025 | 2.74 Mn |
| Mar 31, 2025 | 4.41 Mn |
| Dec 31, 2024 | 4.93 Mn |
| Sep 30, 2024 | 4.77 Mn |
| Jun 30, 2024 | 12.03 Mn |
| Mar 31, 2024 | 9.42 Mn |
| Dec 31, 2023 | -105,000.00 |
| Sep 30, 2023 | 288,000.00 |
| Jun 30, 2023 | 1.16 Mn |
| Mar 31, 2023 | 1.78 Mn |
| Dec 31, 2022 | 1.75 Mn |
| Sep 30, 2022 | 409,000.00 |
| Jun 30, 2022 | 1.50 Mn |
| Mar 31, 2022 | 671,000.00 |
| Dec 31, 2021 | 1.30 Mn |
| Sep 30, 2021 | 554,000.00 |
| Jun 30, 2021 | 653,000.00 |
Phoenix Motor Inc. Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=PEVM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "PEVM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=PEVM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();