Instructure, inc. (INST)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14
Revenue:
Revenue

258,473

209,544

160,975

112,617

73,193

44,352

Cost of revenue:
Cost of revenue

82,826

61,843

46,562

33,002

24,073

15,113

Gross profit

175,647

147,701

114,413

79,615

49,120

29,239

Operating expenses:
Sales and marketing

121,643

97,481

78,726

65,907

53,459

35,390

Research and development

83,526

59,391

48,293

35,973

24,151

21,290

General and administrative

56,471

35,602

31,196

25,542

23,482

11,268

Total operating expenses

261,640

192,474

158,215

127,422

101,092

67,948

Loss from operations

-85,993

-44,773

-43,802

-47,807

-51,972

-38,709

Other income (expense):
Interest income

1,795

2,413

361

352

39

32

Interest expense

16

68

55

87

74

136

Change in fair value of warrant liability

-

-

-

-

653

2,518

Other income (expense), net

-225

-698

257

-343

-201

-39

Total other income, net

1,554

1,647

563

-78

-889

-2,661

Loss before income tax benefit (expense)

-84,439

-43,126

-43,239

-47,885

-52,861

-41,370

Income tax benefit (expense)

-3,620

339

-155

317

117

57

Net loss

-80,819

-43,465

-43,084

-48,202

-52,978

-41,427

Deemed dividends to investors

-

-

-

-

632

-

Net loss attributable to common stockholders

-

-

-

-

-53,610

-41,427

Net loss per common share, basic and diluted

-2.19

-1.27

-1.47

-1.73

-6.07

-7.50

Weighted-average common shares used in computing basic and diluted net loss per common share attributable to common stockholders

36,892

34,248

29,401

27,838

8,838

5,525

Subscription and Support
Revenue

236,241

188,501

144,108

100,270

62,463

38,093

Cost of revenue

64,170

46,706

34,351

24,252

17,682

12,131

Professional Services and Other
Revenue

22,232

21,043

16,867

12,347

10,730

6,259

Cost of revenue

18,656

15,137

12,211

8,750

6,391

2,982