Avalara
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Avalara's past years’ income statements indicate that its last revenue has increased compared to the previous period by 40% to $698,977,000. Profit margin reached -18%. Total operating expenses were $600,698,000.
Profit Margin
| 2015 | 123.15M | -77.76M | -63.14% |
|---|---|---|---|
| 2016 | 167.42M | -57.88M | -34.58% |
| 2017 | 213.15M | -64.12M | -30.08% |
| 2018 | 272.09M | -75.55M | -27.77% |
| 2019 | 382.42M | -50.21M | -13.13% |
| 2020 | 500.56M | -49.18M | -9.83% |
| 2021 | 698.97M | -125.23M | -17.92% |
AVLR Income Statement (2015 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 698.97M | 500.56M | 382.42M | 272.09M | 213.15M | 167.42M | 123.15M |
Cost of revenue | 204.83M | 143.09M | 115.29M | 78.64M | 57.97M | 48.51M | 40.74M |
Gross profit | 494.14M | 357.47M | 267.12M | 193.44M | 155.18M | 118.91M | 82.41M |
Operating exp. | |||||||
Research and development | 167.39M | 119.71M | 82.44M | 51.90M | 41.26M | 32.84M | 29.78M |
Selling and marketing | 296.00M | 204.49M | 168.63M | 168.81M | 133.79M | 103.48M | 98.68M |
Total operating expenses | 600.69M | 419.44M | 322.99M | 260.32M | 209.34M | 173.20M | 162.15M |
Operating income | -119.61M | -61.96M | -55.87M | -76.05M | -63.33M | -54.29M | -79.74M |
Other income (expenses), net | -2.31M | 4.47M | 6.61M | -472K | -2.01M | -2.95M | -1.61M |
Income before tax | -121.92M | -57.49M | -49.25M | -76.52M | -65.34M | -57.24M | -81.35M |
Income tax expense | 3.30M | -8.30M | 955K | -976K | -1.21M | 640K | -3.59M |
Net income | -125.23M | -49.18M | -50.21M | -75.55M | -64.12M | -57.88M | -77.76M |
Earnings per share | |||||||
Basic EPS | -1.45 | -0.61 | -0.68 | -1.95 | -1.13 | -1.01 | -1.36 |
Diluted EPS | -1.45 | -0.61 | -0.68 | -1.95 | -1.13 | -1.01 | -1.36 |
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