Eastman Kodak's global revenue 2005-2023

The global revenue of the Eastman Kodak Company amounted to around 1.1 billion U.S. dollars in 2023. After witnessing income gain in 2019, in 2020 Kodak again experiences loss.

Eastman Kodak Company

When hearing the name Kodak, most people would automatically think of their most famous photographic film products. Once the company’s signature and most profitable product, photographic film was gradually replaced by digital forms of image recording and is deemed antique in a world of smartphones. Having failed to react promptly to the change of market tides, Kodak suffered from bankruptcy in 2012, and reemerged as a company focusing on products such as print systems and enterprise inkjet systems.

Photo-taking in a world of smartphones

Although Kodak’s presence has faded in today’s consumer market, the habit of photo-taking that it helped to popularize has never been more prevalent. Thanks to the increasing ubiquity of smartphones, photo-taking is now an integral part of our life. Social media platforms such as Instagram and Snapchat, where users primarily post or share photos, have hundreds of millions of active users worldwide. As smartphones overtake cameras to become the primary photo-taking device, phone brands put more and more emphasis on their camera quality and ever more phones are equipped with dual or triple cameras. With a touch of the screen, photo-taking has never been easier.