Renesas Electronics
Financial Performance
Renesas Revenue & Financials
Revenue
~$9B (FY2024)
Market Cap
$28.5B
Employees
21,200
What is Renesas's revenue?
Renesas had ~$9B in revenue for fiscal year 2024, down 8.1% from 2023.
- Latest revenue
- ~$9B (FY2024)
- Year-over-year
- -8.1%
- Growth rate (CAGR)
- 10.7% over 3 years
- Peak revenue
- ~$10.1B (FY2022)
- Years of data
- 4
- Employees
- 21,200
- How many employees does Renesas have?
- Renesas has about 21,200 employees.
Financial Analysis
Renesas Electronics delivers outstanding financial profitability characterized by strong gross margins, robust operating free cash flow, and disciplined capital allocation. In fiscal 2024, Renesas generated net sales of ¥1.35 trillion, maintaining strong profitability despite cyclical inventory adjustments in industrial IoT and automotive channels. Non-GAAP gross margin stood at an impressive 56.8%, while non-GAAP operating margin reached 30.1%, reflecting the high profitability of its analog and mixed-signal product mix. Operating cash flow surpassed ¥380 billion, enabling Renesas to fund strategic acquisitions and repay term debt. Renesas maintains a balanced capital return strategy, returning capital to shareholders through regular dividends and share repurchase authorizations.
Revenue Trend Analysis
YoY Change
-8.1%
3-Year CAGR
+10.7%
Peak Year
2022
Trend
Declining Trend
Renesas Electronics has 4 full fiscal year figures on this page, compounding at +10.7% annually over 3 years. The most recent year saw a 8.1% decline versus the prior year. Annual revenue peaked in fiscal year 2022 at ~$10.1B. Of 3 comparable year-over-year steps, 1 showed growth and 2 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | ~$9B | -8.1% |
| FY2023 | ~$9.8B | -2.1% |
| FY2022 | ~$10.1B | +50.9% |
| FY2021 | ~$6.7B | — |
Click any row to see year details.
Keep researching Renesas
Renesas Revenue and Financial FAQ
What was Renesas Electronics's revenue in 2024?
Renesas Electronics achieved $1350.00 billion in revenue for fiscal year 2024.
Is Renesas Electronics profitable?
Renesas Electronics's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Renesas Electronics growing?
Renesas Electronics has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Renesas Electronics fund its capital expenditures?
Renesas Electronics funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Renesas Electronics's debt profile?
Renesas Electronics maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Renesas Electronics reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Renesas Revenue & Financials." CorpDigest, https://corpdigest.com/company/renesas/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>Renesas reported ~$9B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/renesas/financials" target="_blank" rel="noopener">CorpDigest — Renesas financials</a></div>Explore Renesas
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