BackSorrento Therapeutics Overview

Sorrento Therapeutics Total Revenue

Sorrento Therapeutics's total revenue is $64M, below the Healthcare sector average of $110B.

Get informed when a big investor buys or sells

+ Follow

Quarterly Revenue

$15.03M
31.1% YoY

As of Jun 2023

Annual Revenue (TTM)

$64.27M
16.89% YoY

Trailing 12 months ending Jun 2023

Average Revenue (Comparison Companies)

Loading

Total Revenue History

Loading

Total Revenue Comparison

Loading

Annual Revenue Growth Rate (%)

Loading

Annual Revenue Growth (Absolute)

Loading

Sorrento Therapeutics (SRNE) FAQ

Sorrento Therapeutics posts a total revenue of $64M as of June 2023. That compares with $55M in the prior-year period — up 16.9% year over year. That is below the Healthcare sector average of $110B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Sorrento Therapeutics's total revenue was $55M. The latest reading is $64M — a 16.9% year-over-year increase (period ending June 2023). Use the history and growth charts on this page for a longer lookback.

For Healthcare stocks, a total revenue near $110B is typical. Sorrento Therapeutics's $64M is lower that level. That is roughly 99.9% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Total Revenue is one piece of Sorrento Therapeutics's financial statement story. At $64M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for SRNE's total revenue usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $110B), and (3) consistency with growth and profitability. This page covers the first two; Sorrento Therapeutics's other metric pages and overview cover the third.