Proofpoint, inc. (PFPT)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Revenue:
Total revenue

935,027

888,190

843,240

800,034

757,470

716,994

665,434

615,941

566,507

519,681

482,408

447,506

414,969

378,337

343,630

312,995

286,637

265,397

246,652

227,814

210,666

195,607

180,250

164,442

149,871

137,931

125,743

118,324

112,440

106,295

100,337

93,739

87,676

81,838

0

0

0

Cost of revenue:
Total cost of revenue

249,902

236,214

225,947

217,003

209,947

201,761

189,264

174,338

158,059

143,378

132,711

123,980

116,145

108,593

102,654

96,428

89,594

84,058

79,609

75,819

71,256

65,679

58,905

51,987

46,205

41,562

37,126

34,910

33,801

33,113

32,631

31,750

30,711

29,730

0

0

0

Gross profit

685,125

651,976

617,293

583,031

547,523

515,233

476,170

441,603

408,448

376,303

349,697

323,526

298,824

269,744

240,976

216,567

197,043

181,339

167,043

151,995

139,410

129,928

121,345

112,455

103,666

96,369

88,617

83,414

78,639

73,182

67,706

61,989

56,965

52,108

0

0

0

Operating expense:
Research and development

247,109

230,463

216,709

202,566

194,908

185,391

172,590

159,150

143,929

129,803

122,161

114,177

105,459

98,506

90,826

86,333

81,404

74,459

68,570

62,024

55,663

51,903

48,689

43,542

38,835

34,449

29,920

27,875

26,508

24,827

23,730

22,062

20,719

19,779

0

0

0

Sales and marketing

442,875

416,717

397,897

382,401

364,475

345,368

319,056

295,456

270,671

248,694

225,122

210,183

198,721

189,324

187,828

175,012

161,986

148,414

132,913

119,924

108,466

98,333

94,659

86,412

78,471

71,781

65,270

61,981

59,192

55,239

52,357

49,010

45,406

42,676

0

0

0

General and administrative

113,457

109,727

105,848

103,337

94,485

86,185

76,943

66,454

59,773

52,735

47,001

42,006

52,657

52,774

52,823

54,391

39,887

36,616

32,983

30,155

28,506

26,679

25,670

24,295

21,226

19,622

17,259

14,642

13,829

12,693

11,925

10,827

9,955

9,237

0

0

0

Total operating expense

803,441

756,907

720,454

688,304

653,868

616,944

568,589

521,060

474,373

431,232

394,284

366,366

356,837

340,604

331,477

315,736

283,277

259,489

234,466

212,103

192,635

176,915

169,018

154,249

138,532

125,852

112,449

104,498

99,529

92,759

88,012

81,899

76,080

71,692

0

0

0

Operating loss

-118,316

-104,931

-103,161

-105,273

-106,345

-101,711

-92,419

-79,457

-65,925

-54,929

-44,587

-42,840

-58,013

-70,860

-90,501

-99,169

-86,234

-78,150

-67,423

-60,108

-53,225

-46,987

-47,673

-41,794

-34,866

-29,483

-23,832

-21,084

-20,890

-19,577

-20,306

-19,910

-19,115

-19,584

0

0

0

Interest expense

0

-

18,967

25,015

-

16,761

49,893

34,414

31,753

28,608

-23,556

-23,743

-23,704

-23,538

-23,441

-23,424

-20,947

-18,000

-14,916

-11,827

-11,293

-11,213

-9,022

-6,219

-3,426

-641

-2

2

-36

-108

-152

-215

-284

-300

0

0

0

Other income, net

11,004

7,109

4,054

2,098

1,874

1,491

2,835

3,440

4,257

3,785

309

-748

-1,234

-1,103

-820

-967

-745

-1,927

-2,493

-3,298

-3,211

-2,230

-1,424

108

-47

-215

-217

-460

-490

-154

-199

-339

-67

113

0

0

0

Loss before income taxes

-128,758

-110,348

-102,744

-112,860

-118,411

-116,981

-116,399

-98,819

-87,131

-79,752

-67,834

-67,331

-82,951

-95,501

-114,762

-123,560

-107,926

-98,077

-84,832

-75,233

-67,729

-60,430

-58,119

-47,905

-38,339

-30,339

-24,051

-21,542

-21,416

-19,839

-20,657

-20,464

-19,466

-19,771

0

0

0

Provision for income taxes

47,466

19,917

20,022

1,626

1,460

-13,232

-27,338

-26,341

-25,456

-9,950

3,584

2,977

2,163

986

954

803

730

635

-260

-330

-295

-313

630

688

-2,806

-2,808

-2,907

-2,995

584

521

631

545

343

370

0

0

0

Net loss

-176,224

-130,265

-122,766

-114,486

-119,871

-103,749

-89,061

-72,478

-61,675

-69,802

-71,418

-70,308

-85,114

-96,487

-115,716

-124,363

-108,656

-98,712

-84,572

-74,903

-67,434

-60,117

-58,749

-48,593

-35,533

-27,531

-21,144

-18,547

-22,000

-20,360

-21,288

-21,009

-19,809

-20,141

0

0

0

Net loss per share, basic and diluted

-1.30

-0.51

-0.79

-0.52

-0.51

-0.39

-0.69

-0.67

-0.24

-0.13

-0.44

-0.54

-0.47

-0.18

-0.44

-0.92

-0.77

-0.68

-0.67

-0.57

-0.56

-0.35

-0.46

-0.41

-0.39

-0.34

-0.20

-0.06

-0.19

0.35

-0.14

-0.21

-0.85

-1.53

-1.07

-1.10

-1.33

Weighted average shares outstanding, basic and diluted

56,974

56,491

56,014

55,768

55,335

54,821

52,184

50,935

50,504

45,494

44,418

43,890

43,230

42,629

42,109

41,605

41,093

40,552

40,072

39,567

38,957

38,291

37,554

37,115

36,564

35,974

35,436

34,625

33,461

32,566

31,844

26,195

5,619

4,231

4,048

3,909

3,832

Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

-

Intangible amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

15,186

-

13,863

13,406

12,954

12,256

11,305

10,345

9,537

8,790

8,390

7,049

5,600

4,044

0

0

0

-

-

4,618

0

-

0

0

-

Subscription
Total revenue

919,491

875,006

829,728

786,958

745,197

704,400

653,338

602,367

552,051

506,355

467,944

434,573

403,188

367,494

334,350

304,410

278,870

257,329

237,627

218,910

202,179

187,527

174,087

159,045

144,814

132,062

120,192

112,719

106,653

101,470

95,373

88,175

81,088

73,896

0

0

0

Total cost of revenue

218,593

206,997

197,966

191,337

186,307

180,253

169,432

154,964

139,709

125,832

115,744

108,520

101,355

94,716

89,241

83,463

77,094

71,746

66,213

62,304

58,019

53,136

48,691

43,328

39,060

35,438

31,874

29,904

28,864

28,246

28,054

27,023

25,588

24,193

0

0

0

Hardware and Service
Total revenue

15,536

13,184

13,512

13,076

12,273

12,594

12,096

13,574

14,456

13,326

14,464

12,933

11,781

10,843

9,280

8,585

7,767

8,068

9,025

8,904

8,487

8,080

6,163

5,397

5,057

5,869

5,551

5,605

5,787

4,825

4,964

5,564

6,588

7,942

0

0

0

Total cost of revenue

31,309

29,217

27,981

25,666

23,640

21,508

19,832

19,374

18,350

17,546

16,967

15,460

14,790

13,877

13,413

12,965

12,500

12,312

13,396

13,515

13,237

12,543

10,214

8,659

7,145

6,124

5,252

5,006

4,937

4,867

4,577

4,727

5,123

5,537

0

0

0

Cost of subscription revenue
Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of hardware and services revenue
Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Research and development
Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales and marketing
Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative
Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-