Horizon Therapeutics PLC
NASDAQ:HZNP
Income Statement
Earnings Waterfall
Horizon Therapeutics PLC
Revenue
|
3.6B
USD
|
Cost of Revenue
|
-903.4m
USD
|
Gross Profit
|
2.7B
USD
|
Operating Expenses
|
-2.2B
USD
|
Operating Income
|
567.6m
USD
|
Other Expenses
|
-129.6m
USD
|
Net Income
|
438m
USD
|
Income Statement
Horizon Therapeutics PLC
Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
32
N/A
|
50
+54%
|
74
+48%
|
117
+58%
|
172
+47%
|
223
+30%
|
297
+33%
|
358
+21%
|
465
+30%
|
616
+33%
|
757
+23%
|
849
+12%
|
933
+10%
|
915
-2%
|
981
+7%
|
997
+2%
|
1 030
+3%
|
1 092
+6%
|
1 056
-3%
|
1 059
+0%
|
1 073
+1%
|
1 126
+5%
|
1 208
+7%
|
1 264
+5%
|
1 282
+1%
|
1 292
+1%
|
1 300
+1%
|
1 376
+6%
|
1 518
+10%
|
1 819
+20%
|
2 200
+21%
|
2 187
-1%
|
2 557
+17%
|
2 957
+16%
|
3 226
+9%
|
3 769
+17%
|
3 813
+1%
|
3 701
-3%
|
3 629
-2%
|
3 576
-1%
|
3 644
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13)
|
(13)
|
(15)
|
(19)
|
(41)
|
(51)
|
(79)
|
(100)
|
(137)
|
(185)
|
(220)
|
(268)
|
(287)
|
(311)
|
(392)
|
(454)
|
(503)
|
(543)
|
(493)
|
(465)
|
(426)
|
(391)
|
(391)
|
(369)
|
(367)
|
(366)
|
(362)
|
(371)
|
(404)
|
(465)
|
(533)
|
(536)
|
(615)
|
(715)
|
(795)
|
(909)
|
(938)
|
(921)
|
(920)
|
(914)
|
(903)
|
|
Gross Profit |
19
N/A
|
37
+95%
|
59
+59%
|
99
+66%
|
131
+33%
|
172
+31%
|
218
+27%
|
258
+18%
|
328
+27%
|
432
+32%
|
538
+24%
|
581
+8%
|
646
+11%
|
604
-6%
|
589
-3%
|
543
-8%
|
527
-3%
|
549
+4%
|
563
+3%
|
595
+6%
|
647
+9%
|
735
+14%
|
816
+11%
|
895
+10%
|
915
+2%
|
926
+1%
|
938
+1%
|
1 004
+7%
|
1 114
+11%
|
1 353
+22%
|
1 668
+23%
|
1 651
-1%
|
1 942
+18%
|
2 242
+15%
|
2 432
+8%
|
2 860
+18%
|
2 875
+1%
|
2 781
-3%
|
2 709
-3%
|
2 662
-2%
|
2 741
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(97)
|
(97)
|
(102)
|
(148)
|
(172)
|
(195)
|
(227)
|
(264)
|
(359)
|
(405)
|
(482)
|
(702)
|
(636)
|
(661)
|
(664)
|
(696)
|
(896)
|
(924)
|
(880)
|
(890)
|
(746)
|
(757)
|
(775)
|
(772)
|
(767)
|
(781)
|
(800)
|
(881)
|
(989)
|
(1 049)
|
(1 183)
|
(1 297)
|
(1 489)
|
(1 686)
|
(1 878)
|
(1 965)
|
(1 971)
|
(2 029)
|
(1 979)
|
(2 203)
|
(2 173)
|
|
Selling, General & Administrative |
(81)
|
(85)
|
(92)
|
(111)
|
(134)
|
(182)
|
(209)
|
(243)
|
(333)
|
(370)
|
(440)
|
(509)
|
(507)
|
(533)
|
(603)
|
(635)
|
(684)
|
(706)
|
(655)
|
(661)
|
(656)
|
(663)
|
(693)
|
(685)
|
(676)
|
(686)
|
(697)
|
(773)
|
(828)
|
(882)
|
(973)
|
(1 058)
|
(1 190)
|
(1 324)
|
(1 446)
|
(1 487)
|
(1 530)
|
(1 567)
|
(1 541)
|
(1 622)
|
(1 658)
|
|
Research & Development |
(14)
|
(12)
|
(10)
|
(11)
|
(11)
|
(13)
|
(18)
|
(21)
|
(26)
|
(35)
|
(42)
|
(48)
|
(51)
|
(50)
|
(61)
|
(61)
|
(213)
|
(218)
|
(225)
|
(230)
|
(91)
|
(94)
|
(83)
|
(87)
|
(91)
|
(94)
|
(103)
|
(109)
|
(162)
|
(167)
|
(209)
|
(240)
|
(299)
|
(362)
|
(432)
|
(477)
|
(441)
|
(461)
|
(438)
|
(469)
|
(516)
|
|
Other Operating Expenses |
(3)
|
0
|
0
|
(26)
|
(26)
|
0
|
0
|
0
|
0
|
0
|
0
|
(145)
|
(78)
|
(78)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(112)
|
0
|
|
Operating Income |
(78)
N/A
|
(59)
+24%
|
(43)
+27%
|
(49)
-14%
|
(40)
+18%
|
(23)
+42%
|
(9)
+64%
|
(5)
+36%
|
(32)
-483%
|
26
N/A
|
55
+111%
|
(121)
N/A
|
10
N/A
|
(57)
N/A
|
(75)
-32%
|
(153)
-105%
|
(370)
-142%
|
(374)
-1%
|
(317)
+15%
|
(296)
+7%
|
(99)
+66%
|
(22)
+78%
|
41
N/A
|
123
+200%
|
148
+21%
|
146
-2%
|
138
-5%
|
123
-11%
|
125
+2%
|
305
+144%
|
485
+59%
|
354
-27%
|
453
+28%
|
556
+23%
|
553
0%
|
895
+62%
|
904
+1%
|
752
-17%
|
730
-3%
|
459
-37%
|
568
+24%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(10)
|
(10)
|
(81)
|
(285)
|
(297)
|
(303)
|
(243)
|
(45)
|
(49)
|
(62)
|
(23)
|
(31)
|
(31)
|
(30)
|
(88)
|
(100)
|
(113)
|
(125)
|
(127)
|
(125)
|
(125)
|
(124)
|
(122)
|
(119)
|
(110)
|
(100)
|
(87)
|
(76)
|
(72)
|
(65)
|
(60)
|
(58)
|
(62)
|
(72)
|
(82)
|
(89)
|
(87)
|
(87)
|
(85)
|
(80)
|
(70)
|
|
Non-Reccuring Items |
0
|
(3)
|
(26)
|
0
|
0
|
(4)
|
(7)
|
(18)
|
(85)
|
(107)
|
(155)
|
0
|
0
|
0
|
(71)
|
(72)
|
(72)
|
(72)
|
(23)
|
(56)
|
(56)
|
(46)
|
(3)
|
25
|
2
|
(50)
|
(70)
|
(64)
|
(59)
|
(32)
|
(27)
|
(39)
|
(20)
|
(6)
|
(10)
|
2
|
(56)
|
(75)
|
(112)
|
0
|
(54)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
6
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
(1)
|
(5)
|
(8)
|
(11)
|
(12)
|
(16)
|
(13)
|
(10)
|
(9)
|
(0)
|
7
|
7
|
7
|
7
|
0
|
0
|
9
|
3
|
3
|
1
|
1
|
(1)
|
(0)
|
(1)
|
(1)
|
1
|
1
|
3
|
6
|
5
|
4
|
2
|
(2)
|
(4)
|
(6)
|
(6)
|
(6)
|
0
|
|
Pre-Tax Income |
(88)
N/A
|
(72)
+19%
|
(150)
-109%
|
(335)
-123%
|
(343)
-2%
|
(338)
+1%
|
(270)
+20%
|
(80)
+70%
|
(182)
-128%
|
(156)
+14%
|
(133)
+15%
|
(162)
-22%
|
(21)
+87%
|
(80)
-283%
|
(227)
-185%
|
(318)
-40%
|
(542)
-70%
|
(565)
-4%
|
(459)
+19%
|
(468)
-2%
|
(277)
+41%
|
(188)
+32%
|
(83)
+56%
|
30
N/A
|
40
+34%
|
(5)
N/A
|
(20)
-349%
|
(18)
+11%
|
(5)
+72%
|
209
N/A
|
402
+92%
|
263
-34%
|
376
+43%
|
481
+28%
|
463
-4%
|
807
+74%
|
756
-6%
|
584
-23%
|
527
-10%
|
373
-29%
|
444
+19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
6
|
1
|
1
|
1
|
0
|
3
|
6
|
3
|
165
|
140
|
172
|
176
|
18
|
67
|
61
|
107
|
106
|
72
|
25
|
(24)
|
(30)
|
(22)
|
7
|
10
|
20
|
49
|
593
|
610
|
523
|
583
|
(12)
|
17
|
142
|
71
|
72
|
55
|
9
|
(9)
|
(5)
|
(1)
|
(6)
|
|
Income from Continuing Operations |
(82)
|
(70)
|
(149)
|
(333)
|
(343)
|
(335)
|
(264)
|
(77)
|
(17)
|
(16)
|
40
|
14
|
(3)
|
(12)
|
(166)
|
(211)
|
(435)
|
(493)
|
(434)
|
(492)
|
(308)
|
(210)
|
(76)
|
40
|
60
|
45
|
573
|
592
|
517
|
792
|
390
|
280
|
518
|
552
|
534
|
862
|
765
|
574
|
521
|
372
|
438
|
|
Net Income (Common) |
(82)
N/A
|
(70)
+14%
|
(149)
-112%
|
(333)
-124%
|
(343)
-3%
|
(335)
+2%
|
(264)
+21%
|
(77)
+71%
|
(17)
+78%
|
(16)
+7%
|
40
N/A
|
14
-65%
|
(3)
N/A
|
(12)
-297%
|
(166)
-1 246%
|
(211)
-27%
|
(435)
-106%
|
(493)
-13%
|
(350)
+29%
|
(408)
-17%
|
(224)
+45%
|
(126)
+44%
|
(38)
+70%
|
77
N/A
|
97
+25%
|
82
-16%
|
573
+600%
|
592
+3%
|
517
-13%
|
792
+53%
|
390
-51%
|
280
-28%
|
518
+85%
|
552
+7%
|
534
-3%
|
862
+61%
|
765
-11%
|
574
-25%
|
521
-9%
|
372
-29%
|
438
+18%
|
|
EPS (Diluted) |
-1.29
N/A
|
-1.08
+16%
|
-2.34
-117%
|
-4.96
-112%
|
-4.66
+6%
|
-3.9
+16%
|
-3.15
+19%
|
-0.61
+81%
|
-0.1
+84%
|
-0.09
+10%
|
0.25
N/A
|
0.09
-64%
|
-0.02
N/A
|
-0.08
-300%
|
-1.03
-1 188%
|
-1.31
-27%
|
-2.69
-105%
|
-3.01
-12%
|
-2.14
+29%
|
-2.48
-16%
|
-1.35
+46%
|
-0.73
+46%
|
-0.23
+68%
|
0.44
N/A
|
0.52
+18%
|
0.42
-19%
|
2.79
+564%
|
3.11
+11%
|
2.68
-14%
|
3.54
+32%
|
1.81
-49%
|
1.25
-31%
|
2.2
+76%
|
2.33
+6%
|
2.27
-3%
|
3.65
+61%
|
3.24
-11%
|
2.43
-25%
|
2.22
-9%
|
1.59
-28%
|
1.87
+18%
|