Shiftpixy Inc Revenue Growth Rates (PIXY), Current and Historic Growth - CSIMarket
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Shiftpixy Inc   (NASDAQ: PIXY)
    Sector  Services    Industry Employment Agencies
   Industry Employment Agencies
   Sector  Services
 

PIXY's Revenue Growth by Quarter and Year

Shiftpixy Inc 's Revenue results by quarter and year




PIXY Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
4th Quarter August -
3rd Quarter May 3.24
2nd Quarter February 3.22
1st Quarter November 3.45
FY 9.91

PIXYs Annual Revenue
Shiftpixy Inc 's Revenue in the fiscal year 2023 $ 16.88 millions
Shiftpixy Inc 's Revenue in the fiscal year 2022 $ 36.00 millions
Shiftpixy Inc 's Revenue in the fiscal year 2021 $ 23.42 millions
Shiftpixy Inc 's Revenue in the fiscal year 2020 $ 8.64 millions
Shiftpixy Inc 's Revenue in the fiscal year 2019 $ 53.44 millions




PIXY Revenue third quarter 2024 Y/Y Growth Comment
Shiftpixy Inc reported decline in Revenue in the third quarter 2024 by -18.93% to $ 3.24 millions, from the same quarter in 2023.
The contraction in the third quarter 2024 Shiftpixy Inc 's Revenue compares unfavorably to the Company's average Revenue jump of 50.02%.

Looking into third quarter 2024 results within Employment Agencies industry 2 other companies have achieved higher Revenue growth. While Shiftpixy Inc ' s Revenue fall of -18.93% ranks overall at the positon no. 3490 in the third quarter 2024.




PIXY Revenue ( Y/Y Growth %) 2024
2023 2022 2021
4th Quarter August - -52.72 % -22.62 % 382.35 %
3rd Quarter May -18.93 % -58.51 % 1.69 % 371.64 %
2nd Quarter February -29.69 % -56.13 % 331.4 % 20.4 %
1st Quarter November -34.54 % -41.05 % 257.6 % 15.21 %
FY   - -52.36 % 53.71 % -

Financial Statements
Shiftpixy Inc 's third quarter 2024 Revenue $ 3.24 millions PIXY's Income Statement
Shiftpixy Inc 's third quarter 2023 Revenue $ 4.00 millions Quarterly PIXY's Income Statement


PIXY Revenue (Quarter on Quarter Growth %)

2024
2023 2022 2021
4th Quarter August - -17.5 % -27.59 % -4.85 %
3rd Quarter May 0.71 % -12.66 % -7.66 % 291.74 %
2nd Quarter February -6.67 % -13.09 % 16.78 % -3.2 %
1st Quarter November 4.55 % -24.5 % -0.89 % 33.69 %
FY (Year on Year)   - -52.36 % 53.71 % -




Revenue third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Employment Agencies Industry #3
Services Sector #474
Overall #3490

Revenue Y/Y Growth Statistics
High Average Low
370.46 % 50.02 % -84.22 %
(Aug 31 2022)   (Aug 31 2023)
Revenue third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Employment Agencies Industry #3
Services Sector #474
Overall #3490
Revenue Y/Y Growth Statistics
High Average Low
370.46 % 50.02 % -84.22 %
(Aug 31 2022)   (Aug 31 2023)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Shiftpixy Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
291.69 % 3.26 % -100 %
(May 31 2021)  


PIXY's III. Quarter Q/Q Revenue Comment
Shiftpixy Inc achieved in the III. Quarter 2024 below company average Revenue growth of 0.71% quarter on quarter, to $ 3.24 millions.

Although the III. Quarter 2024 Revenue Q/Q growth was lower than the regular , this has been yet encouraging story, as the III. Quarter surge, eclipses the -12.66% growth in the III. Quarter a year ago

Within Employment Agencies industry Shiftpixy Inc achieved highest sequential Revenue growth. While Shiftpixy Inc 's Revenue growth quarter on quarter, overall rank is 36.


Revenue Q/Q Growth Company Ranking
Within: No.
Employment Agencies Industry #1
Services Sector #5
Overall #36
Revenue Q/Q Growth Company Ranking
Within: No.
Employment Agencies Industry #1
Services Sector #5
Overall #36
Revenue Q/Q Growth Statistics
High Average Low
291.69 % 3.26 % -100 %
(May 31 2021)  


PIXY's III. Quarter Q/Q Revenue Comment
Shiftpixy Inc achieved in the III. Quarter 2024 below company average Revenue growth of 0.71% quarter on quarter, to $ 3.24 millions.

III. Quarter 2024 Revenue Q/Q growth were paradoxical, although lower than the regular, yet it demonstrates absolute recovery measured to the -12.66% in the III. Quarter a year ago.

Within Employment Agencies industry Shiftpixy Inc achieved highest sequential Revenue growth. While Shiftpixy Inc 's Revenue growth quarter on quarter, overall rank is 36.


Shiftpixy Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(May 31 2024)
12 Months Ending
(Feb 29 2024)
12 Months Ending
(Nov 30 2023)
12 Months Ending
(Aug 31 2023)
12 Months Ending
(May 31 2023)
Cumulative Revenue 12 Months Ending $ 13.21 $ 13.97 $ 15.33 $ 17.14 $ 20.83
Y / Y Revenue Growth (TTM) -36.57 % -47.23 % -52.6 % -52.39 % -45.25 %
Year on Year Revenue Growth Overall Ranking # 3508 # 73 # 174 # 898 # 0
Seqeuential Revenue Change (TTM) -5.42 % -8.85 % -10.59 % -17.7 % -21.32 %
Seq. Revenue Growth (TTM) Overall Ranking # 3111 # 72 # 168 # 3124 # 0


Cumulative Revenue growth Comment
Shiftpixy Inc showed decline, but improvement compare to trailing twelve month Revenue decrease in Feb 29 2024. If the fiscal year would end in May 31 2024, Shiftpixy Inc 's annual Revenue fall would be -36.57% year on year to $13 millions.

In the Services sector 476 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 73 to 3508.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Employment Agencies Industry # 1
Services Sector # 477
Overall # 3508

Revenue TTM Y/Y Growth Statistics
High Average Low
19.03 %
-36.07 %
-55.15 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 438
S&P 500 # 3111
Cumulative Revenue growth Comment
Shiftpixy Inc showed decline, but improvement compare to trailing twelve month Revenue decrease in Feb 29 2024. If the fiscal year would end in May 31 2024, Shiftpixy Inc 's annual Revenue drop would be -36.57% year on year to $13 millions.

In the Services sector 476 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 73 to 3508.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Employment Agencies Industry # 1
Services Sector # 477
Overall # 3508

Revenue TTM Y/Y Growth Statistics
High Average Low
19.03 %
-36.07 %
-55.15 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 438
S&P 500 # 3111




Other Revenue Growth
Employment Agencies Industry Revenue Growth Trends and Statistics
Services Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
PIXY's Revenue Growth Ratio versus Employment Agencies Industry, Services Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue drop for the quarter ending May 31 2024 within Services SectorY/Y Change %Revenue for the quarter ending May 31 2024
Accenture Plc-0.59%$ -0.590 millions
Scholastic Corporation-10.11%$ -10.108 millions
Shiftpixy Inc -18.93%$ -18.925 millions
Resources Connection Inc -19.44%$ -19.445 millions
Digital Brand Media And Marketing Group Inc-57.02%$ -57.019 millions


About Shiftpixy Inc Revenue Growth Rates (PIXY), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Shiftpixy Inc (CIK 1675634).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001477932-24-004048
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Shiftpixy Inc ’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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