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BLOG: Quansight Labs Annual Report 2024 (#911)
Signed-off-by: Pavithra Eswaramoorthy <[email protected]> Co-authored-by: gabalafou <[email protected]>
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‎apps/labs/posts/labs-annual-report-2024.md‎

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title: 'Quansight Labs Annual Report 2024: Year of focus and execution'
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authors: [pavithra-eswaramoorthy, tania-allard, irina-fumarel, ralf-gommers]
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published: March 19, 2025
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description: 'Presenting our 2024 annual report! Read about our open source project and community highlights, initiatives, and work culture.'
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category: [Community, PyData ecosystem]
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featuredImage:
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src: /posts/labs-annual-report-2024/featured.png
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alt: 'A line-style illustration that depicts an urban street scene with people with disabilities. On the left, a person in a wheelchair is being assisted to cross the street. In the center, two people walk arm-in-arm in the crosswalk. On the right, a person with a cane and a guide dog walks along the sidewalk. The background shows a simplified city skyline with buildings, trees, a traffic light, and a bus stop sign. The image aims to depict accessibility and inclusion in urban environments.'
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hero:
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imageSrc: /posts/labs-annual-report-2024/hero.png
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imageAlt: 'A line-style illustration that depicts an urban street scene with people with disabilities. On the left, a person in a wheelchair is being assisted to cross the street. In the center, two people walk arm-in-arm in the crosswalk. On the right, a person with a cane and a guide dog walks along the sidewalk. The background shows a simplified city skyline with buildings, trees, a traffic light, and a bus stop sign. The image aims to depict accessibility and inclusion in urban environments.'
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We’re pleased to share the Quansight Labs Annual Report 2024!
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As we settle into the new year, we’re taking a moment to reflect on 2024—a year filled with impactful projects, meaningful collaborations, and continued growth in our mission to sustain and advance community-driven open-source projects.
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Our annual report offers an in-depth look at our work over the past year, covering key initiatives, projects and community updates, financial insights, and team growth.
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<p align="center">
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<a href="https://labs.quansight.org/annual-reports/quansight-labs-annual-report-2024.pdf">
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<b>Click to read and download the full report</b>
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</a>
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</p>
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The following graphic presents notable highlights from the report.
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<p align="center">
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<img
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src="/posts/labs-annual-report-2024/infographic.png"
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alt=""
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/>
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</p>
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<div class="sr-only">
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<h2>At a Glance: Quansight Labs Annual Report 2024</h2>
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<section>
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<h3>Our Mission</h3>
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<p>The mission of Quansight Labs is to sustain and grow community-driven open source projects and ecosystems, with a focus on the core of the PyData stack, as well as digital infrastructure and tools for data science, Machine Learning (ML), Artificial Intelligence (AI), and scientific computing.</p>
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</section>
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<section>
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<h3>OSS Projects We Contribute To</h3>
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<p>We spent 44,547 hours contributing to 40+ open-source projects.</p>
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<p><strong>Projects include:</strong></p>
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<ul>
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<li>conda</li>
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<li>Hypothesis</li>
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<li>Numba</li>
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<li>SciPy</li>
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<li>JupyterLab</li>
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<li>Napari</li>
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<li>SymPy</li>
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<li>scikit-learn</li>
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<li>Bokeh</li>
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<li>IPython</li>
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<li>NumPy</li>
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<li>PyO3</li>
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<li>Narwhals</li>
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<li>Flax</li>
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<li>JAX</li>
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<li>PyTorch</li>
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<li>pandas</li>
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<li>Nebari</li>
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<li>PyData Sphinx Theme</li>
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<li>conda-forge</li>
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<li>Polars</li>
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<li>OpenBLAS</li>
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<li>conda-store</li>
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<li>CuPy</li>
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<li>Scientific Python</li>
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<li>CPython</li>
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<li>PyTorch Ignite</li>
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<li>Project Jupyter</li>
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<li>Pyodide</li>
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<li>Consortium for Python Data API Standards</li>
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<li>pydata/sparse</li>
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<li>stdlib</li>
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<li>NumFOCUS’ Diversity & Inclusion in Scientific Computing</li>
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<li>Spyder</li>
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<li>Python Software Foundation</li>
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</ul>
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<p><strong>Key initiatives:</strong></p>
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<ul>
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<li>Improving performance of free-threaded CPython</li>
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<li>Interactivity and internationalization of documentation</li>
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<li>Sustaining conda ecosystem for Python packaging</li>
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<li>Accelerating sparse array computation</li>
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<li>Wrap-up of a 3-year NASA ROSES grant (NumPy, pandas, SciPy, and scikit-learn)</li>
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<li>PyData Sphinx Theme accessibility audit and design system</li>
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<li>DataFrame compatibility with Narwhals</li>
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</ul>
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</section>
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<section>
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<h3>Inaugural Labs Open Source Fund</h3>
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<p>Since the creation of Labs, we have continuously strived to refine our working model and drive new initiatives to support our efforts of building and sustaining open source projects and communities. This year was no different, as we launched our Quansight Labs OSS Fund. This annual fund will grant small sponsorships to open source projects that our ecosystem and communities rely on, all of which are nominated and selected by Labs staff members.</p>
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<p><strong>2024 awardees:</strong></p>
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<ul>
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<li>mkdocstrings</li>
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<li>codemirror</li>
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<li>Maturin</li>
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</ul>
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</section>
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<section>
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<h3>Sustaining Labs</h3>
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<p>Our revenue grew very slightly to just over $4,200,000 USD, with a net income of $50,000 USD.</p>
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<p><strong>Revenue and income figures (2021-2024):</strong></p>
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<ul>
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<li><strong>2021:</strong> Revenue $2,930,000, Net Income $53,000</li>
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<li><strong>2022:</strong> Revenue $3,480,000, Net Income -$71,000</li>
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<li><strong>2023:</strong> Revenue $4,090,000, Net Income $12,000</li>
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<li><strong>2024:</strong> Revenue $4,261,000, Net Income $50,000</li>
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</ul>
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</section>
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<section>
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<h4>Demographic Survey Results</h4>
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<p>In annual demographic surveys (2021-2024), 40% to 48% of respondents self-identified as belonging to a marginalized group in tech and open source.</p>
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<ul>
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<li><strong>2024:</strong> 15 not marginalized, 11 self-identified as marginalized, 2 preferred not to identify</li>
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<li><strong>2023:</strong> 12 not marginalized, 8 self-identified as marginalized, 3 preferred not to identify</li>
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<li><strong>2022:</strong> 15 not marginalized, 8 self-identified as marginalized, 2 preferred not to identify</li>
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<li><strong>2021:</strong> 16 not marginalized, 11 self-identified as marginalized</li>
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</ul>
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</section>
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<section>
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<h3>Contact Us</h3>
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<p>Visit <a href="https://labs.quansight.org">labs.quansight.org</a> to learn more about us, and reach out at <a href="mailto:[email protected]">[email protected]</a>.</p>
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<p>Follow us:</p>
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<ul>
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<li><a href="https://bsky.app/profile/quansight.com">Bluesky</a></li>
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<li><a href="https://twitter.com/quansightai">Twitter (@quansightai)</a></li>
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<li><a href="https://www.linkedin.com/company/quansight/">LinkedIn</a></li>
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</ul>
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</section>
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</div>
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A huge thank you to all Labs members and collaborators for an amazing 2024! We’re excited for what’s ahead and look forward to seeing you in our community spaces this year!

‎apps/labs/public/posts/labs-annual-report-2024/featured.png‎

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‎apps/labs/public/posts/labs-annual-report-2024/hero.png‎

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‎apps/labs/public/posts/labs-annual-report-2024/infographic.png‎

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