Qencode, a privately owned company headquartered in the US, founded in 2017 with an estimated 10 employees, reported $293,859.3 in revenue as of 2023. The company's main product focuses on video processing and playout, specializing as a technology provider of cloud-based solutions for video encoding and transcoding.

2020 Revenue

Founded

2017

Headcount

10

Headquarters

US

Primary Segment

Video processing and playout

Ownership

Privately Owned

News Summary:

Qencode recently highlighted its partnership with Wasabi on March 12, 2026, focusing on high-performance encoding paired with predictable cloud storage. The company noted that the increasing adoption of 4K, 8K, and VR formats leads to significantly larger video files, with an 8K file roughly four times the size of a 4K file. Previously, on February 24, 2026, Qencode joined the Alliance for Open Media (AOMedia) at the Promoter level, positioning itself to contribute to the Video Codec Working Group, which is responsible for the development of AV1 and AV2 codecs. This move, according to Qencode, strengthens its commitment to open standards and the practical deployment of next-generation codecs, aiming for interoperability and simplified adoption for developers and media companies. Earlier, on January 12, 2026, Qencode announced an update to its AV1 technology, designed to address the economic and device support challenges that previously hindered the widespread deployment of the codec despite its compression benefits, thereby enabling AV1 economics at scale.

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Qencode offers products in the media tech industry. Qencode's product portfolio comprises of video processing and playout.
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Qencode's revenues were less than $1M in 2023. All the revenue comes from file-based encoding, ABR and packaging.
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