NuVasive Inc
NASDAQ:NUVA
Income Statement
Earnings Waterfall
NuVasive Inc
Revenue
|
1.2B
USD
|
Cost of Revenue
|
-347.5m
USD
|
Gross Profit
|
878.7m
USD
|
Operating Expenses
|
-796.2m
USD
|
Operating Income
|
82.6m
USD
|
Other Expenses
|
-54.1m
USD
|
Net Income
|
28.5m
USD
|
Income Statement
NuVasive Inc
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 |
639
N/A
|
660
+3%
|
685
+4%
|
703
+3%
|
728
+4%
|
749
+3%
|
762
+2%
|
777
+2%
|
790
+2%
|
800
+1%
|
811
+1%
|
834
+3%
|
867
+4%
|
906
+5%
|
962
+6%
|
996
+4%
|
1 019
+2%
|
1 027
+1%
|
1 027
+0%
|
1 038
+1%
|
1 060
+2%
|
1 085
+2%
|
1 102
+2%
|
1 116
+1%
|
1 127
+1%
|
1 146
+2%
|
1 168
+2%
|
1 153
-1%
|
1 065
-8%
|
1 069
+0%
|
1 051
-2%
|
1 062
+1%
|
1 153
+9%
|
1 129
-2%
|
1 139
+1%
|
1 159
+2%
|
1 174
+1%
|
1 199
+2%
|
1 202
+0%
|
1 219
+1%
|
1 226
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(168)
|
(173)
|
(181)
|
(185)
|
(181)
|
(185)
|
(182)
|
(185)
|
(188)
|
(190)
|
(195)
|
(203)
|
(214)
|
(224)
|
(240)
|
(247)
|
(254)
|
(260)
|
(268)
|
(281)
|
(292)
|
(300)
|
(311)
|
(312)
|
(312)
|
(315)
|
(312)
|
(310)
|
(313)
|
(320)
|
(322)
|
(322)
|
(319)
|
(323)
|
(322)
|
(330)
|
(337)
|
(329)
|
(337)
|
(344)
|
(347)
|
|
Gross Profit |
472
N/A
|
487
+3%
|
505
+4%
|
519
+3%
|
547
+6%
|
564
+3%
|
580
+3%
|
593
+2%
|
601
+1%
|
610
+2%
|
617
+1%
|
631
+2%
|
653
+3%
|
682
+4%
|
722
+6%
|
749
+4%
|
766
+2%
|
767
+0%
|
758
-1%
|
757
0%
|
769
+1%
|
784
+2%
|
791
+1%
|
804
+2%
|
814
+1%
|
831
+2%
|
856
+3%
|
843
-1%
|
752
-11%
|
749
0%
|
729
-3%
|
740
+2%
|
834
+13%
|
805
-3%
|
817
+1%
|
829
+1%
|
837
+1%
|
869
+4%
|
865
0%
|
875
+1%
|
879
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(448)
|
(465)
|
(472)
|
(489)
|
(503)
|
(515)
|
(521)
|
(518)
|
(515)
|
(512)
|
(513)
|
(528)
|
(558)
|
(590)
|
(624)
|
(645)
|
(651)
|
(645)
|
(638)
|
(647)
|
(657)
|
(676)
|
(688)
|
(691)
|
(700)
|
(715)
|
(735)
|
(719)
|
(695)
|
(692)
|
(679)
|
(699)
|
(735)
|
(739)
|
(760)
|
(775)
|
(780)
|
(786)
|
(782)
|
(795)
|
(796)
|
|
Selling, General & Administrative |
(389)
|
(404)
|
(420)
|
(438)
|
(451)
|
(463)
|
(470)
|
(468)
|
(466)
|
(464)
|
(465)
|
(473)
|
(492)
|
(513)
|
(534)
|
(549)
|
(554)
|
(547)
|
(540)
|
(546)
|
(553)
|
(568)
|
(576)
|
(574)
|
(581)
|
(593)
|
(611)
|
(596)
|
(570)
|
(563)
|
(547)
|
(563)
|
(594)
|
(594)
|
(610)
|
(624)
|
(628)
|
(636)
|
(634)
|
(650)
|
(653)
|
|
Research & Development |
(33)
|
(33)
|
(32)
|
(32)
|
(34)
|
(36)
|
(38)
|
(38)
|
(37)
|
(37)
|
(36)
|
(37)
|
(40)
|
(44)
|
(48)
|
(50)
|
(51)
|
(51)
|
(50)
|
(53)
|
(55)
|
(57)
|
(62)
|
(65)
|
(68)
|
(70)
|
(72)
|
(73)
|
(75)
|
(77)
|
(80)
|
(84)
|
(86)
|
(89)
|
(93)
|
(94)
|
(98)
|
(98)
|
(99)
|
(100)
|
(102)
|
|
Depreciation & Amortization |
(16)
|
(18)
|
(19)
|
(19)
|
(18)
|
(16)
|
(14)
|
(13)
|
(12)
|
(12)
|
(13)
|
(18)
|
(25)
|
(33)
|
(42)
|
(46)
|
(47)
|
(47)
|
(48)
|
(48)
|
(50)
|
(50)
|
(51)
|
(52)
|
(52)
|
(52)
|
(51)
|
(50)
|
(51)
|
(52)
|
(52)
|
(52)
|
(55)
|
(56)
|
(57)
|
(57)
|
(55)
|
(52)
|
(49)
|
(45)
|
(41)
|
|
Other Operating Expenses |
(10)
|
(10)
|
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 |
23
N/A
|
22
-4%
|
33
+48%
|
29
-11%
|
45
+52%
|
49
+11%
|
59
+20%
|
75
+27%
|
87
+16%
|
98
+13%
|
104
+6%
|
103
-1%
|
95
-8%
|
92
-3%
|
98
+7%
|
104
+5%
|
115
+11%
|
122
+6%
|
120
-1%
|
111
-8%
|
112
+1%
|
109
-3%
|
102
-6%
|
114
+11%
|
114
+0%
|
116
+2%
|
121
+5%
|
124
+2%
|
57
-54%
|
57
N/A
|
50
-12%
|
41
-18%
|
99
+140%
|
67
-33%
|
57
-15%
|
54
-5%
|
57
+6%
|
84
+47%
|
83
0%
|
80
-4%
|
83
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(27)
|
(27)
|
(26)
|
(26)
|
(27)
|
(27)
|
(27)
|
(25)
|
(25)
|
(26)
|
(28)
|
(47)
|
(50)
|
(54)
|
(59)
|
(43)
|
(43)
|
(40)
|
(38)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(38)
|
(45)
|
(57)
|
(69)
|
(66)
|
(54)
|
(38)
|
(21)
|
(1)
|
(31)
|
(51)
|
3
|
(16)
|
13
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(30)
|
(41)
|
(41)
|
(41)
|
27
|
36
|
36
|
35
|
(7)
|
35
|
31
|
25
|
30
|
(12)
|
(9)
|
(9)
|
(40)
|
(41)
|
(51)
|
(48)
|
(21)
|
(20)
|
(9)
|
2
|
7
|
7
|
4
|
(12)
|
(19)
|
(29)
|
(30)
|
(69)
|
(66)
|
(47)
|
(45)
|
5
|
3
|
(14)
|
|
Total Other Income |
1
|
4
|
3
|
3
|
4
|
(2)
|
(2)
|
(5)
|
(4)
|
(1)
|
0
|
1
|
0
|
0
|
(0)
|
0
|
(0)
|
(1)
|
(2)
|
(12)
|
(13)
|
(9)
|
(8)
|
1
|
4
|
(6)
|
(6)
|
(13)
|
(25)
|
(19)
|
(17)
|
(22)
|
(9)
|
(22)
|
(25)
|
(13)
|
(14)
|
(1)
|
(39)
|
(39)
|
(39)
|
|
Pre-Tax Income |
(3)
N/A
|
(1)
+76%
|
10
N/A
|
(24)
N/A
|
(19)
+19%
|
(20)
-5%
|
(11)
+45%
|
72
N/A
|
93
+29%
|
107
+16%
|
112
+4%
|
50
-56%
|
81
+63%
|
69
-14%
|
65
-7%
|
91
+41%
|
60
-34%
|
71
+18%
|
72
+2%
|
22
-70%
|
20
-10%
|
11
-42%
|
9
-24%
|
57
+551%
|
61
+8%
|
64
+4%
|
81
+26%
|
80
-1%
|
(6)
N/A
|
(16)
-150%
|
(48)
-206%
|
(66)
-38%
|
7
N/A
|
(23)
N/A
|
(58)
-150%
|
(26)
+55%
|
(35)
-32%
|
(14)
+61%
|
52
N/A
|
29
-45%
|
42
+46%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(1)
|
(3)
|
12
|
10
|
1
|
(6)
|
(39)
|
(46)
|
(46)
|
(47)
|
(19)
|
(31)
|
(29)
|
(29)
|
(40)
|
(27)
|
(8)
|
(12)
|
(1)
|
1
|
(8)
|
4
|
(8)
|
(9)
|
(16)
|
(15)
|
(19)
|
2
|
7
|
10
|
16
|
(5)
|
(2)
|
(6)
|
(11)
|
(5)
|
(7)
|
(12)
|
(8)
|
(13)
|
|
Income from Continuing Operations |
(7)
|
(2)
|
7
|
(12)
|
(10)
|
(19)
|
(18)
|
32
|
47
|
62
|
65
|
30
|
50
|
41
|
36
|
51
|
33
|
63
|
60
|
21
|
21
|
4
|
13
|
49
|
53
|
48
|
65
|
61
|
(4)
|
(9)
|
(37)
|
(50)
|
2
|
(26)
|
(64)
|
(37)
|
(40)
|
(20)
|
40
|
20
|
28
|
|
Income to Minority Interest |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(6)
N/A
|
(1)
+86%
|
8
N/A
|
(11)
N/A
|
(9)
+21%
|
(18)
-104%
|
(17)
+8%
|
33
N/A
|
48
+43%
|
62
+31%
|
66
+6%
|
31
-53%
|
51
+63%
|
42
-18%
|
37
-12%
|
53
+42%
|
35
-34%
|
65
+85%
|
82
+27%
|
42
-48%
|
41
-2%
|
24
-43%
|
13
-47%
|
49
+292%
|
53
+7%
|
48
-9%
|
65
+37%
|
61
-6%
|
(4)
N/A
|
(9)
-134%
|
(37)
-318%
|
(50)
-34%
|
2
N/A
|
(26)
N/A
|
(64)
-150%
|
(37)
+42%
|
(40)
-7%
|
(20)
+49%
|
40
N/A
|
20
-50%
|
28
+41%
|
|
EPS (Diluted) |
-0.14
N/A
|
-0.03
+79%
|
0.17
N/A
|
-0.26
N/A
|
-0.2
+23%
|
-0.4
-100%
|
-0.36
+10%
|
0.64
N/A
|
0.93
+45%
|
1.17
+26%
|
1.26
+8%
|
0.62
-51%
|
0.96
+55%
|
0.75
-22%
|
0.69
-8%
|
0.91
+32%
|
0.61
-33%
|
1.22
+100%
|
1.47
+20%
|
0.82
-44%
|
0.79
-4%
|
0.44
-44%
|
0.24
-45%
|
0.93
+288%
|
1
+8%
|
0.91
-9%
|
1.23
+35%
|
1.15
-7%
|
-0.07
N/A
|
-0.17
-143%
|
-0.72
-324%
|
-0.99
-38%
|
0.02
N/A
|
-0.5
N/A
|
-1.24
-148%
|
-0.59
+52%
|
-0.77
-31%
|
-0.39
+49%
|
0.7
N/A
|
0.38
-46%
|
0.53
+39%
|