News

- Q1 total revenue of $38.0 million, up 33% year-over-year and above high end of the guidance range
- Q1 subscription revenue reached record $19.8 million, above high end of guidance range
- Q1 GAAP loss per share of $0.18 and Non-GAAP loss per share of $0.07, $0.03 better than the midpoint of guidance range
- Strong balance sheet with $456 million in cash and investments and no debt
- Company raises 2023 guidance driven by strong customer adoption and continued focus on operating efficiency

Company's commitment to customer success and hardware innovation recognized with expanded roles

Matterport digital twins provide precise, photorealistic 3D views of job sites to reduce errors and speed the RFI process in Autodesk Construction Cloud

- Q4 total revenue rose to a record $41.1 million, above Company guidance
- Q4 subscription revenue rose to a record $19.3 million, above Company guidance
- Q4 product revenue rose to a record $13.6 million, up 51% sequentially from the prior quarter
- Q4 GAAP loss per share of $0.21 and Non-GAAP loss per share of $0.09, at the high end of the Company’s guidance range
- 2022 annual revenue rose to a record $136.1 million, up 22% from 2021
- Balance sheet remains strong with $477 million in cash and investments and no debt

New offering helps real estate agents win listings and sell homes faster by creating an immersive 3D tour, HDR photos, and detailed floor plans for a low, flat rate

John Deere will use Matterport’s digital twin platform to streamline facilities and operations management to boost responsivity and productivity

New Report Demonstrates Digital Twins are a Powerful Tool for Avoiding Carbon Emissions

The former IBM veteran brings over 20 years of software experience to scale Matterport’s enterprise business across the region

Matthew Zinn joins Executive Team as Chief Legal Officer; Mike Knapp to serve as Vice President and Head of Investor Relations

Celebrating the second year the iconic sister fair to Art Basel has partnered with Matterport to provide digital access for design fans worldwide

Total revenue rose to a record $38.0 million, above Company guidance
Subscription revenue rose to a record $19.0 million, above Company guidance
Services revenue rose to a record $10.0 million, up 204% year-over-year
Q3 GAAP loss per share of $0.20
Q3 Non-GAAP loss per share of $0.09, exceeding Company guidance
Balance sheet remains strong with $495 million in cash and investments

Survey Finds 33% of Recent US Homebuyers Purchased a Home Sight Unseen, While 89% Consider 3D Virtual Tours as Important to the Buying Process

The award-winning designer and renowned artist collaborate with Matterport to bring their latest exhibition to thousands of people around the globe

Breakthrough innovations in 3D capture technology and AI-powered digital twin software create new ways for enterprises to market and manage properties digitally

North Carolina Regional MLS is integrating Matterport’s Digital Twin Platform to provide a more streamlined, virtual homebuying process for buyers, sellers, and Realtors

Partnership with leading enterprise technology distributor aims to capture North American property market of nearly 1 billion spaces

- Subscription revenue rose 20% year-over-year, above Company guidance
- Services revenue increased 74% year-over-year
- Q2 GAAP loss per share of $0.23
- Non-GAAP loss per share of $0.12, better than Company guidance
- Matterport increases full year revenue guidance range to $132 to $138 million, narrows full year guidance range for non-GAAP loss per share to $0.46 to $0.50
- Balance sheet remains strong with $562 million cash and investments and no debt

Burns & McDonnell is using Matterport’s Digital Twin Platform to help customers reduce average project schedules by 30 percent and eliminate travel by 80 percent