SemiLEDs Corp
NASDAQ:LEDS
Income Statement
Earnings Waterfall
SemiLEDs Corp
Income Statement
SemiLEDs Corp
| Aug-2010 | Nov-2010 | Feb-2011 | May-2011 | Aug-2011 | Nov-2011 | Feb-2012 | May-2012 | Aug-2012 | Nov-2012 | Feb-2013 | May-2013 | Aug-2013 | Nov-2013 | Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | Feb-2024 | May-2024 | Aug-2024 | Nov-2024 | Feb-2025 | May-2025 | Aug-2025 | Nov-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue |
36
N/A
|
42
+18%
|
44
+5%
|
40
-10%
|
34
-15%
|
28
-18%
|
26
-7%
|
29
+14%
|
29
+0%
|
29
-2%
|
26
-11%
|
20
-22%
|
18
-10%
|
15
-16%
|
15
-4%
|
16
+8%
|
14
-7%
|
14
-3%
|
14
+3%
|
13
-8%
|
14
+6%
|
14
+0%
|
13
-12%
|
11
-9%
|
10
-11%
|
10
-3%
|
9
-11%
|
9
-3%
|
9
+8%
|
9
-8%
|
8
-3%
|
8
-1%
|
8
-8%
|
6
-14%
|
7
+1%
|
6
-4%
|
6
-6%
|
7
+10%
|
6
-1%
|
6
-3%
|
6
-3%
|
5
-14%
|
5
-6%
|
5
-3%
|
5
-1%
|
5
+16%
|
6
+18%
|
7
+5%
|
7
+4%
|
7
+3%
|
6
-14%
|
6
-2%
|
6
-3%
|
6
-1%
|
6
-4%
|
5
-6%
|
5
-2%
|
5
-8%
|
15
+208%
|
31
+110%
|
43
+38%
|
44
+3%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(20)
|
(21)
|
(24)
|
(25)
|
(29)
|
(31)
|
(32)
|
(37)
|
(35)
|
(37)
|
(36)
|
(34)
|
(33)
|
(29)
|
(28)
|
(27)
|
(26)
|
(25)
|
(22)
|
(19)
|
(18)
|
(18)
|
(17)
|
(16)
|
(15)
|
(13)
|
(11)
|
(10)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(13)
|
(29)
|
(41)
|
(42)
|
|
| Gross Profit |
16
N/A
|
21
+30%
|
20
-4%
|
16
-23%
|
4
-71%
|
(3)
N/A
|
(6)
-102%
|
(8)
-25%
|
(6)
+26%
|
(8)
-44%
|
(11)
-33%
|
(14)
-33%
|
(15)
-4%
|
(14)
+6%
|
(14)
+2%
|
(12)
+13%
|
(11)
+4%
|
(11)
+7%
|
(8)
+24%
|
(6)
+24%
|
(4)
+33%
|
(4)
+2%
|
(4)
-4%
|
(5)
-14%
|
(5)
-4%
|
(3)
+32%
|
(3)
+24%
|
(1)
+49%
|
0
N/A
|
0
-75%
|
(0)
N/A
|
(0)
+81%
|
(0)
-450%
|
(1)
-61%
|
(0)
+62%
|
(0)
+67%
|
0
N/A
|
1
+164%
|
2
+46%
|
2
+5%
|
2
-13%
|
1
-33%
|
1
-29%
|
1
+32%
|
1
+4%
|
1
+21%
|
2
+22%
|
1
-21%
|
1
+16%
|
2
+19%
|
1
-16%
|
1
-7%
|
1
-22%
|
1
-22%
|
1
-19%
|
1
+48%
|
1
+12%
|
1
+1%
|
2
+83%
|
2
+20%
|
2
+3%
|
2
-10%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(5)
|
(5)
|
(7)
|
(10)
|
(16)
|
(20)
|
(22)
|
(23)
|
(22)
|
(30)
|
(29)
|
(18)
|
(16)
|
(29)
|
(29)
|
(15)
|
(13)
|
(13)
|
(11)
|
(10)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
| Selling, General & Administrative |
(3)
|
(4)
|
(5)
|
(8)
|
(12)
|
(14)
|
(15)
|
(15)
|
(14)
|
(14)
|
(14)
|
(13)
|
(11)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(8)
|
(7)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
| Research & Development |
(2)
|
(2)
|
(2)
|
(2)
|
(5)
|
(6)
|
(7)
|
(8)
|
(7)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(9)
|
0
|
0
|
(14)
|
(14)
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
11
N/A
|
15
+39%
|
13
-18%
|
5
-59%
|
(12)
N/A
|
(23)
-97%
|
(28)
-22%
|
(31)
-9%
|
(27)
+11%
|
(38)
-39%
|
(39)
-3%
|
(32)
+19%
|
(31)
+3%
|
(42)
-39%
|
(42)
+1%
|
(27)
+37%
|
(25)
+7%
|
(23)
+7%
|
(19)
+16%
|
(16)
+17%
|
(14)
+16%
|
(12)
+11%
|
(12)
+3%
|
(12)
0%
|
(12)
0%
|
(10)
+17%
|
(8)
+15%
|
(7)
+22%
|
(4)
+31%
|
(4)
+7%
|
(4)
-8%
|
(4)
+9%
|
(5)
-11%
|
(5)
-10%
|
(4)
+11%
|
(4)
+5%
|
(4)
+7%
|
(3)
+17%
|
(3)
+16%
|
(3)
-1%
|
(3)
+1%
|
(3)
-15%
|
(4)
-10%
|
(3)
+4%
|
(4)
-26%
|
(4)
+2%
|
(4)
+5%
|
(4)
-6%
|
(3)
+19%
|
(3)
+16%
|
(3)
-13%
|
(3)
-5%
|
(3)
N/A
|
(4)
-6%
|
(4)
-4%
|
(3)
+14%
|
(3)
+8%
|
(3)
+7%
|
(2)
+34%
|
(1)
+22%
|
(2)
-11%
|
(2)
-24%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(14)
|
(13)
|
(11)
|
(9)
|
(0)
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(9)
|
0
|
0
|
(11)
|
(14)
|
0
|
0
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(9)
|
(9)
|
(9)
|
(10)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Pre-Tax Income |
11
N/A
|
15
+33%
|
11
-23%
|
3
-75%
|
(15)
N/A
|
(27)
-77%
|
(33)
-22%
|
(38)
-15%
|
(50)
-31%
|
(51)
-3%
|
(50)
+2%
|
(51)
-3%
|
(45)
+13%
|
(42)
+6%
|
(42)
-1%
|
(37)
+12%
|
(25)
+34%
|
(23)
+8%
|
(19)
+16%
|
(16)
+18%
|
(13)
+15%
|
(12)
+8%
|
(12)
+3%
|
(12)
-2%
|
(21)
-76%
|
(19)
+12%
|
(17)
+7%
|
(16)
+10%
|
(4)
+74%
|
(4)
+7%
|
(4)
+1%
|
(3)
+33%
|
(3)
-18%
|
(4)
-20%
|
(3)
+8%
|
(4)
-16%
|
(4)
+6%
|
(3)
+19%
|
(2)
+41%
|
(1)
+20%
|
(1)
+60%
|
(1)
-71%
|
(2)
-64%
|
(1)
+29%
|
(3)
-162%
|
(3)
+6%
|
(3)
+4%
|
(3)
-33%
|
(3)
+20%
|
(3)
+1%
|
(3)
-15%
|
(3)
+5%
|
(3)
+9%
|
(3)
-4%
|
(3)
0%
|
(2)
+16%
|
(2)
+14%
|
(2)
+2%
|
(1)
+48%
|
(0)
+52%
|
(1)
-127%
|
(1)
-17%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
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
|
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
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
11
|
14
|
11
|
3
|
(16)
|
(28)
|
(34)
|
(39)
|
(50)
|
(51)
|
(50)
|
(51)
|
(45)
|
(42)
|
(42)
|
(37)
|
(25)
|
(23)
|
(19)
|
(16)
|
(13)
|
(12)
|
(12)
|
(12)
|
(21)
|
(19)
|
(17)
|
(16)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(1)
|
(1)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
2
N/A
|
3
+63%
|
1
-54%
|
(4)
N/A
|
(19)
-360%
|
(28)
-45%
|
(34)
-21%
|
(38)
-15%
|
(49)
-29%
|
(51)
-2%
|
(50)
+2%
|
(50)
-2%
|
(44)
+13%
|
(41)
+6%
|
(42)
-1%
|
(37)
+11%
|
(24)
+34%
|
(23)
+8%
|
(19)
+16%
|
(16)
+18%
|
(13)
+15%
|
(12)
+8%
|
(12)
+3%
|
(12)
-2%
|
(21)
-76%
|
(19)
+12%
|
(17)
+8%
|
(16)
+10%
|
(4)
+74%
|
(4)
+7%
|
(4)
+0%
|
(3)
+33%
|
(3)
-18%
|
(4)
-20%
|
(3)
+8%
|
(4)
-16%
|
(4)
+7%
|
(3)
+18%
|
(2)
+41%
|
(1)
+20%
|
(1)
+60%
|
(1)
-70%
|
(2)
-66%
|
(1)
+29%
|
(3)
-164%
|
(3)
+6%
|
(3)
+3%
|
(3)
-33%
|
(3)
+21%
|
(3)
N/A
|
(3)
-14%
|
(3)
+5%
|
(3)
+9%
|
(3)
-3%
|
(3)
-1%
|
(2)
+16%
|
(2)
+14%
|
(2)
+3%
|
(1)
+48%
|
(0)
+52%
|
(1)
-128%
|
(1)
-17%
|
|
| EPS (Diluted) |
0.68
N/A
|
3.96
+482%
|
0.54
-86%
|
-1.52
N/A
|
-8.76
-476%
|
-10.16
-16%
|
-12.25
-21%
|
-13.98
-14%
|
-18.04
-29%
|
-18.41
-2%
|
-18.03
+2%
|
-18.22
-1%
|
-15.84
+13%
|
-14.78
+7%
|
-14.87
-1%
|
-13.01
+13%
|
-8.7
+33%
|
-7.92
+9%
|
-6.55
+17%
|
-5.48
+16%
|
-4.62
+16%
|
-4.2
+9%
|
-4.1
+2%
|
-4.12
0%
|
-7.25
-76%
|
-5.29
+27%
|
-4.88
+8%
|
-4.4
+10%
|
-1.15
+74%
|
-1.07
+7%
|
-1.07
N/A
|
-0.71
+34%
|
-0.84
-18%
|
-1
-19%
|
-0.92
+8%
|
-1.07
-16%
|
-1
+7%
|
-0.82
+18%
|
-0.38
+54%
|
-0.36
+5%
|
-0.14
+61%
|
-0.24
-71%
|
-0.38
-58%
|
-0.26
+32%
|
-0.68
-162%
|
-0.6
+12%
|
-0.58
+3%
|
-0.76
-31%
|
-0.61
+20%
|
-0.56
+8%
|
-0.63
-12%
|
-0.62
+2%
|
-0.55
+11%
|
-0.56
-2%
|
-0.57
-2%
|
-0.32
+44%
|
-0.32
N/A
|
-0.27
+16%
|
-0.14
+48%
|
-0.07
+50%
|
-0.15
-114%
|
-0.15
N/A
|
|