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Avid Technology revenue decreased from $411.8 million in 2019 to $360.5 million in 2020, a (12.5%) decrease.

Annual Revenue ($)

Avid Technology revenue was $360.47 m in FY, 2020 which is a (12.5%) year over year decrease from the previous period.

Quarterly Revenue ($)

FY, 2018FY, 2019FY, 2020
Revenue$413.28 m$411.79 m$360.47 m
Growth(1.00%)(0.36%)(12.46%)
Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021
Revenue$104.05 m$103.32 m$98.7 m$93.46 m$86.45 m$79.28 m$90.43 m$94.36 m$94.88 m

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Avid Technology revenue breakdown by business segment: 60.9% from Services and 39.1% from Products and Solutions

Avid Technology revenue breakdown by geographic segment: 39.8% from United States, 6.7% from Other Americas, 39.5% from Europe, Middle East and Africa and 14.0% from Asia-Pacific

FY, 2020FY, 2019FY, 2018
Services$219.7 m$109.8 m$208.18 m
Products and Solutions$140.76 m$207.45 m$205.11 m
FY, 2020FY, 2019FY, 2018
United States$143.52 m$152.01 m$150.88 m
Other Americas$24.03 m$32.78 m$27.49 m
Europe, Middle East and Africa$142.37 m$161.76 m$172.24 m
Asia-Pacific$50.55 m$65.23 m$62.67 m

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