Varian Medical Systems
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. Varian Medical Systems's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 2% to $3,168,000,000. Total operating expenses were $1,054,000,000.
Profit Margin
| 2011 | 2.59B | 398.93M | 15.36% |
|---|---|---|---|
| 2012 | 2.80B | 427M | 15.21% |
| 2013 | 2.94B | 438.2M | 14.89% |
| 2014 | 3.04B | 403.7M | 13.24% |
| 2015 | 2.49B | 411.5M | 16.52% |
| 2016 | 3.21B | 402.3M | 12.5% |
| 2017 | 2.61B | 218.5M | 8.34% |
| 2018 | 2.91B | 149.9M | 5.14% |
| 2019 | 3.22B | 291.9M | 9.05% |
| 2020 | 3.16B | 0 |
VAR Income Statement (2011 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.16B | 3.22B | 2.91B | 2.61B | 3.21B | 2.49B | 3.04B | 2.94B | 2.80B | 2.59B |
Cost of revenue | 1.79B | 1.85B | 1.64B | 1.50B | 1.85B | 1.45B | 1.74B | 1.69B | 1.61B | 1.46B |
Gross profit | 1.37B | 1.37B | 1.27B | 1.11B | 1.36B | 1.03B | 1.30B | 1.24B | 1.19B | 1.13B |
Operating exp. | ||||||||||
Research and development | 280M | 247.6M | 233.9M | 210M | 253.5M | 195.4M | 234.8M | 208.2M | 185.7M | 170.72M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 1.05B | 984.1M | 836.19M | 813.69M | 793.6M | 636.4M | 730.5M | 640.8M | 602.2M | 547.43M |
Operating income | 0 | 386.2M | 437.4M | 300.2M | 567.7M | 395.7M | 571.2M | 608.9M | 594.1M | 588.45M |
Other income (expenses), net | 38M | 34.6M | 14.7M | 2.9M | -11.3M | 5.6M | 3.3M | 3.2M | 1.8M | -259K |
Income before tax | 0 | 420.8M | 452.1M | 303.1M | 556.4M | 401.3M | 574.5M | 612.1M | 595.9M | 588.71M |
Income tax expense | 0 | 122.4M | 301.8M | 87.7M | 153.7M | 142.64M | 170.80M | 173.83M | 168.87M | 180.08M |
Net income | 0 | 291.9M | 149.9M | 218.5M | 402.3M | 411.5M | 403.7M | 438.2M | 427M | 398.93M |
Earnings per share | ||||||||||
Basic EPS | 0 | 3.21 | 1.63 | 2.38 | 4.22 | 4.13 | 3.88 | 4.04 | 3.83 | 3.42 |
Diluted EPS | 0 | 3.21 | 1.63 | 2.35 | 4.19 | 4.09 | 3.83 | 3.98 | 3.76 | 3.36 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |