Vision Marine Technologies Inc. revenue

Vision Marine Technologies Inc.'s revenue was $4.2m in fiscal 2023, down 27.4% on the year before. Since fiscal 2018 ($995,459) it has grown at a compound 33.3% a year.

Revenue history

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

Vision Marine Technologies Inc.: revenue history, annual
Fiscal year	2018Aug 2018	2019Aug 2019	2020Aug 2020	2021Aug 2021	2022Aug 2022	2023Aug 2023
Revenue	995	2,165	1,797	2,772	5,780	4,196
Growth on the year before	—	+117.5%	−17.0%	+54.3%	+108.5%	−27.4%
Gross profit	393	970	449	1,266	2,583	1,141
Gross margin	39.5%	44.8%	25.0%	45.7%	44.7%	27.2%

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

Automobile Manufacturers: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Vision Marine Technologies Inc.	$4.2m	-27.4%	—
Fly-e Group, Inc.	$16.5m	-28.0%	—
Robo.ai Inc.	$950,000	-92.1%	—
Ezgo Technologies Ltd.	$20.5m	12.4%	—
Xos, Inc.	$37.7m	-26.9%	—
Kandi Technologies Group, Inc.	$87.4m	-31.5%	—

Compare with peers

More: Automobile Manufacturers stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Vision Marine Technologies Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vision Marine Technologies Inc.