INOGEN, INC. INGN Income Statement

Inogen, inc. (INGN)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13
Revenue
Sales revenue
338,868	340,546	347,805	351,125	347,249	336,015	313,634	287,059	253,110	225,492	209,745	193,785	181,325	168,170	154,509	136,580	123,387	113,625	103,032	93,209	81,288	73,096	65,871	58,580	50,867	44,905	0	0	0
Rental revenue
21,362	21,397	21,752	21,962	22,013	22,096	21,733	22,047	22,879	23,946	26,757	28,109	31,015	34,659	37,915	42,200	44,855	45,380	44,645	43,083	41,368	39,441	37,310	34,985	32,462	30,538	0	0	0
Total revenue
360,230	361,943	369,557	373,087	369,262	358,111	335,367	309,106	275,989	249,438	236,502	221,894	212,340	202,829	192,424	178,780	168,242	159,005	147,677	136,292	122,656	112,537	103,181	93,565	83,329	75,443	0	0	0
Cost of revenue
Cost of sales revenue
181,025	175,974	173,329	171,370	169,108	163,989	153,582	142,173	125,198	110,163	102,637	95,507	90,560	85,154	78,876	70,651	65,471	61,553	56,825	50,925	43,741	38,693	34,269	30,874	26,656	24,306	0	0	0
Cost of rental revenue, including depreciation of $1,299 and $1,705, respectively
13,387	14,108	14,719	14,710	14,892	15,542	16,019	16,810	17,571	18,038	18,696	19,260	20,005	20,365	20,888	21,222	21,257	21,194	20,816	20,057	19,313	18,327	17,036	15,822	13,861	12,146	0	0	0
Total cost of revenue
194,412	190,082	188,048	186,080	184,000	179,531	169,601	158,983	142,769	128,201	121,333	114,767	110,565	105,519	99,764	91,873	86,728	82,747	77,641	70,982	63,054	57,020	51,305	46,696	40,517	36,452	0	0	0
Gross profit
Gross profit-sales revenue
157,843	164,572	174,476	179,755	178,141	172,026	160,052	144,886	127,912	115,329	107,108	98,278	90,765	83,016	75,633	65,929	57,916	52,072	47,460	44,040	0	-	0	0	-	-	-	-	-
Gross profit-rental revenue
7,975	7,289	7,033	7,252	7,121	6,554	5,714	5,237	5,308	5,908	8,061	8,849	11,010	14,294	17,027	20,978	23,598	24,186	23,409	22,568	0	-	0	0	-	-	-	-	-
Total gross profit
165,818	171,861	181,509	187,007	185,262	178,580	165,766	150,123	133,220	121,237	115,169	107,127	101,775	97,310	92,660	86,907	81,514	76,258	70,036	65,310	59,602	55,517	51,876	46,869	42,812	38,991	0	0	0
Operating expense
Research and development
11,337	9,401	7,515	6,975	7,282	7,029	6,656	5,935	5,420	5,313	5,160	5,135	5,254	5,113	5,123	4,889	4,485	4,180	3,619	3,301	3,205	2,977	2,893	2,769	2,530	2,398	0	0	0
Sales and marketing
104,512	105,550	108,271	110,563	105,804	95,641	82,565	69,321	58,267	50,758	44,889	41,473	39,104	37,540	36,966	35,419	33,410	31,369	29,054	26,509	25,306	24,087	22,739	21,702	19,933	18,375	0	0	0
General and administrative
37,217	37,121	35,838	37,295	38,126	38,018	38,238	38,624	38,814	37,576	36,549	34,883	32,259	31,793	30,404	28,115	27,809	25,658	24,354	22,638	19,611	17,942	16,612	15,447	14,969	13,754	0	0	0
Total operating expense
153,066	152,072	151,624	154,833	151,212	140,688	127,459	113,880	102,501	93,647	86,598	81,491	76,617	74,446	72,493	68,423	65,704	61,207	57,027	52,448	48,122	45,006	42,244	39,918	37,432	34,527	0	0	0
Income (loss) from operations
12,752	19,789	29,885	32,174	34,050	37,892	38,307	36,243	30,719	27,590	28,571	25,636	25,158	22,864	20,167	18,484	15,810	15,051	13,009	12,862	11,480	10,511	9,632	6,951	5,380	4,464	0	0	0
Other income (expense)
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	6	10	14	18	22	27	126	323	449	690	699	591	562	0	0	0
Interest income
3,930	4,712	5,025	4,771	4,050	3,259	2,408	1,734	1,207	765	538	378	268	196	162	129	119	102	80	62	48	42	31	24	15	12	0	0	0
Change in fair value of preferred stock warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-36	24	-17	246	262	0	0	0
Other income (expense)
-169	-229	-578	-67	-1,260	-696	-289	-33	1,538	1,301	587	315	-219	-329	-111	-162	-202	-404	-315	-255	-200	-88	0	0	0	-	-	0	0
Total other income, net
3,761	4,483	4,447	4,704	2,790	2,563	2,119	1,701	2,745	2,066	1,125	692	46	-139	41	-47	-101	-324	-262	-319	-475	-459	-684	-660	-828	-616	0	0	0
Income (loss) before provision (benefit) for income taxes
16,513	24,272	34,332	36,878	36,840	40,455	40,426	37,944	33,464	29,656	29,696	26,328	25,204	22,725	20,208	18,437	15,709	14,727	12,747	12,543	11,005	10,052	8,948	6,291	4,552	3,848	0	0	0
Provision (benefit) for income taxes
2,454	3,322	1,962	-5,061	-9,549	-11,390	-768	5,844	7,636	8,654	2,828	1,552	1,274	2,206	1,091	1,870	3,175	3,142	3,501	3,860	3,495	3,226	-18,330	-19,628	-21,041	-21,587	0	0	0
Net income (loss)
14,059	20,950	32,370	41,939	46,389	51,845	41,194	32,100	25,828	21,002	26,868	24,776	23,930	20,519	19,117	16,567	12,534	11,585	9,246	8,683	7,510	6,826	27,278	25,919	25,593	25,435	0	0	0
Change in foreign currency translation adjustment
-144	-123	-446	-184	-214	31	252	496	0	-	0	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in net unrealized gains (losses) on foreign currency hedging
-989	-1,566	-549	-27	1,314	981	451	153	-870	-567	-368	-162	201	55	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Less: reclassification adjustment for net (gains) losses included in net income
-708	-872	-504	188	573	577	136	-523	-675	-446	-299	-38	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Total net change in unrealized gains (losses) on foreign currency hedging
-281	-694	-45	-215	741	404	315	676	-195	-121	-133	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in net unrealized gains (losses) on marketable securities
-13	6	32	53	49	17	-3	7	-18	65	-4	-21	-6	-59	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Total other comprehensive income, net of tax
-438	-811	-459	-346	576	452	500	1,033	258	307	197	-32	144	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income (loss)
13,621	20,139	31,911	41,593	46,965	52,297	41,694	33,133	26,086	21,309	27,065	24,744	24,074	20,521	19,123	16,565	12,416	11,548	0	0	0	-	-	-	-	-	-	-	-
Less deemed dividend on redeemable convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Net income (loss) before preferred rights dividend
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Less preferred rights dividend on redeemable convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Net income (loss) attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Basic net income (loss) per share attributable to common stockholders (Note 7)
-0.07	-0.06	0.31	0.47	0.24	0.47	0.77	0.69	0.51	-0.02	0.35	0.40	0.29	0.25	0.26	0.38	0.13	0.20	0.14	0.18	0.08	0.09	0.12	0.13	-0.01	7.64	-3.90	0.67	-3.65
Diluted net income (loss) per share attributable to common stockholders (Note 7)
-0.07	-0.06	0.31	0.45	0.24	0.44	0.73	0.65	0.48	-0.02	0.33	0.38	0.27	0.24	0.25	0.36	0.12	0.18	0.13	0.17	0.08	0.09	0.11	0.11	-0.01	7.56	-3.90	0.67	-3.65
Weighted-average number of shares used in calculating net income (loss) per share attributable to common stockholders:
Basic common shares
21,916	21,878	21,840	21,815	21,750	21,544	21,324	21,172	21,026	20,869	20,753	20,622	20,489	20,310	20,157	19,972	19,827	19,689	19,428	19,310	19,167	18,804	18,286	18,201	9,437	282	276	274	272
Diluted common shares
21,916	21,878	22,191	22,359	22,534	22,600	22,659	22,503	22,295	22,165	21,998	21,848	21,579	21,363	21,182	20,997	20,840	20,814	20,783	20,672	20,562	22,352	20,213	20,146	9,437	7,209	276	274	272