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Erayak Power Solution Group Inc. revenue

Erayak Power Solution Group Inc.'s revenue was $22.9m in fiscal 2025, down 24.6% on the year before. Since fiscal 2020 ($14.1m) it has grown at a compound 10.1% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025
Revenue141927203023
Growth on the year before—+31.9%+44.4%−24.5%+49.1%−24.6%
Gross profit467545

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Electrical Components & Equipment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Erayak Power Solution Group Inc. $22.9m -24.6% —
Huhutech International Group Inc. $21.4m 18.1% —
Xchg Ltd $25.1m -40.5% —
Beam Global $26.5m -20.5% -23.6%
Ccsc Technology International Holdings Ltd $17.3m -1.9% —
Enovix Corp $35.9m 34.9% 213.5%

Compare with peers

Head to head: HUHU vs RAYARAYA vs XCHBEEM vs RAYACCTG vs RAYA

More: Electrical Components & Equipment stocks compared, Industrials sector, rankings of US companies

Figures from Erayak Power Solution Group Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Erayak Power Solution Group Inc.