Fire-Boltt
Financial Performance
Fire-Boltt Revenue & Financials
Revenue
~$365.4M (FY2024)
What is Fire-Boltt's revenue?
Fire-Boltt had ~$365.4M in revenue for fiscal year 2024.
- Latest revenue
- ~$365.4M (FY2024)
- Years of data
- 3
Financial Analysis
Fire-Boltt does not publish audited financials in its own name, and no reliable FY24-FY26 revenue figure is public. In December 2022 Arnav Kishore told PTI the company made about $58 million (₹500 crore) in FY22 revenue and ~$139 million (₹1,200 crore) in the first half of FY23, with a target of about $278 million (₹2,400 crore) for the full year. That target has not been confirmed. Industry data points to a sharp drop since then, as Fire-Boltt's smartwatch shipments fell 52.2% in 2025. No external funding round or valuation has been disclosed.
Revenue Trend Analysis
Trend
Not enough comparable years
Fire-Boltt has 2 full fiscal year figures on this page, plus 1 other figure (annualized run-rate, partial-period or estimated) that are not ranked or trended with them. There are not enough consecutive, comparable fiscal years to measure a trend.
Reported Revenue Figures
| Fiscal Year | Revenue | YoY Change | Source |
|---|---|---|---|
| FY2024 | ~$365.4M | — | ROC filings / Entrackr Reported operating revenue from smartwatch and wearable sales in India. |
| FY2023annualized run-rate | ~$278.4M | — | LiveMint (target run-rate) |
| FY2022unaudited | $66M | — | Founder statement to PTI (Economic Times) About $58 million (₹500 crore) for FY2021-22, converted at ~₹75/USD. Not an audited figure. |
Click any row to see year details.
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Fire-Boltt Revenue and Financial FAQ
What is Fire-Boltt's annual revenue?
Fire-Boltt does not publish audited results. Arnav Kishore told PTI it made about $58 million (₹500 crore) in FY22 and ~$139 million (₹1,200 crore) in the first half of FY23, targeting about $278 million (₹2,400 crore) for FY23. That target has not been confirmed.
Has Fire-Boltt raised venture funding?
No external funding round or valuation has been publicly disclosed. The company grew with Savex Technologies as incubator and distributor; Savex says it holds no equity.
How did the 2025 smartwatch slump affect Fire-Boltt?
Fire-Boltt's smartwatch shipments fell 52.2% in 2025 and it slipped to third in India behind Noise and boAt.
How much is Fire-Boltt investing in smartphones?
More than $50 million (around ₹475 crore) in the first year of the Boltt smartphone business, per Moneycontrol and ET.
Is Fire-Boltt successful?
Incredibly successful. In 2023, Fire-Boltt experienced such massive hyper-growth that they became the number two smartwatch brand globally in terms of total units shipped (surpassing Samsung), entirely driven by their absolute dominance over the massive Indian consumer market.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Fire-Boltt Revenue & Financials." CorpDigest, https://corpdigest.com/company/fire-boltt/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Fire-Boltt reported ~$365.4M in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/fire-boltt/financials" target="_blank" rel="noopener">CorpDigest — Fire-Boltt financials</a></div>Related Financial Audits
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