QualTek Services
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. QualTek Services's past years’ income statements indicate that its last revenue has increased compared to the previous period by 23% to $753,856,000. The net income raised on -$152,967,000 and profit margin reached -20%. Total operating expenses were $128,269,000.

Profit Margin

QualTek Services Inc. (NASDAQ:QTEK): Profit margin
2019 599.26M -101.17M -16.88%
2020 656.52M -135.74M -20.68%
2021 612.24M -160.90M -26.28%
2022 753.85M -152.96M -20.29%

QTEK Income Statement (2019 – 2022)

2022 2021 2020 2019
Revenue
Revenue
753.85M612.24M656.52M599.26M
Cost of revenue
665.29M502.68M597.58M525.40M
Gross profit
88.56M109.55M58.94M73.86M
Operating exp.
Research and development
0000
Selling and marketing
0000
Total operating expenses
128.26M104.66M93.52M82.76M
Operating income
-39.70M4.88M-34.58M-8.90M
Other income (expenses), net
-65.08M-106.45M-59.64M-52.62M
Income before tax
-104.79M-101.57M-94.22M-61.53M
Income tax expense
48.17M59.32M41.52M39.64M
Net income
-152.96M-160.90M-135.74M-101.17M
Earnings per share
Basic EPS
-0.00-7.46-6.29-4.69
Diluted EPS
-0.00-7.46-6.29-4.69
Data sourceData source