Cybersecurity was High Wire Networks’s largest segment in fiscal 2024, bringing in $4.30M of $8.38M (51%).
| Segment | FY 2023 | FY 2024 |
|---|---|---|
| Svc | $3.87M | $4.08M |
| Cybersecurity | $3.03M | $4.30M |
| Total | $6.91M | $8.38M |
High Wire Networks brought in $8.38M from its two segments in fiscal 2024, the year ended December 31, 2024. That was up 21.3% from $6.91M in fiscal 2023. Cybersecurity was the largest at $4.30M (51.3%), ahead of Svc at $4.08M (48.7%).
Compared with fiscal 2023, Cybersecurity grew 41.9% to $4.30M and Svc grew 5.2% to $4.08M.
Technology Solutions was High Wire Networks’s largest revenue line in fiscal 2022, bringing in $17.81M of $26.77M (67%).
| Contract with Customer, Basis of Pricing | FY 2017 | FY 2022 |
|---|---|---|
| Technology Solutions | $17.81M | |
| Managed Services | $8.96M | |
| Fixed Price Contract | — | |
| Time & Materials Contract | — | |
| Unit Price | — | |
| Total | $26.77M |
High Wire Networks brought in $26.77M from its two revenue lines in fiscal 2022, the year ended December 31, 2022. Technology Solutions was the largest at $17.81M (66.5%), ahead of Managed Services at $8.96M (33.5%).
Fixed-Price was High Wire Networks’s largest product and service line in fiscal 2021, bringing in $17.29M of $27.21M (64%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|
| Professional Services | $19.45M | — | — |
| Fixed-Price | $1.42M | — | $17.29M |
| Time-&-Materials | — | — | $9.92M |
| Long-Term | — | $9.85M | — |
| Unit-Price | $4.63M | — | — |
| Short-Term | $8.82K | $56.51K | — |
| Total | $25.50M | $9.91M | $27.21M |
High Wire Networks brought in $27.21M from its two product and service lines in fiscal 2021, the year ended December 31, 2021. High Wire Networks regrouped these lines after fiscal 2020, so the total does not compare directly with that year's $9.91M. Fixed-Price was the largest at $17.29M (63.6%), ahead of Time-&-Materials at $9.92M (36.4%).
High Wire Networks began breaking out Time-&-Materials in fiscal 2021, when it brought in $9.92M. High Wire Networks stopped reporting Professional Services ($19.45M in fiscal 2019), Long-Term ($9.85M in fiscal 2020), Unit-Price ($4.63M in fiscal 2019) and one other as separate lines.
High Wire Networks (HWNI) reports its revenue by segment, by contract with customer, basis of pricing and by product and service. In fiscal 2024, Cybersecurity was its largest segment, bringing in $4.30M (51.3% of the total), followed by Svc at $4.08M (48.7%).
Cybersecurity was High Wire Networks' largest segment in fiscal 2024, bringing in $4.30M, or 51.3% of the $8.38M total across its two segments.
Technology Solutions was High Wire Networks' largest revenue line in fiscal 2022, bringing in $17.81M, or 66.5% of the $26.77M total across its two revenue lines.
Fixed-Price was High Wire Networks' largest product and service line in fiscal 2021, bringing in $17.29M, or 63.6% of the $27.21M total across its two product and service lines.
Cybersecurity grew faster than Svc in fiscal 2024, up 41.9% from $3.03M to $4.30M. Svc grew 5.2% to $4.08M.
Every figure comes from High Wire Networks' annual financial filings, as reported. Each line keeps the name High Wire Networks gives it, and years follow its fiscal calendar.
High Wire Networks' revenue by segment goes back to fiscal 2023, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.