TechTarget Inc
NASDAQ:TTGT
Income Statement
Earnings Waterfall
TechTarget Inc
Revenue
|
230m
USD
|
Cost of Revenue
|
-75.5m
USD
|
Gross Profit
|
154.4m
USD
|
Operating Expenses
|
-156.7m
USD
|
Operating Income
|
-2.3m
USD
|
Other Expenses
|
6.7m
USD
|
Net Income
|
4.5m
USD
|
Income Statement
TechTarget Inc
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 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
89
N/A
|
92
+4%
|
95
+3%
|
99
+5%
|
106
+7%
|
107
+1%
|
111
+3%
|
113
+2%
|
112
-1%
|
113
+1%
|
113
-1%
|
109
-3%
|
107
-3%
|
105
-1%
|
103
-2%
|
105
+2%
|
109
+4%
|
112
+3%
|
117
+4%
|
120
+2%
|
121
+1%
|
124
+2%
|
127
+2%
|
130
+2%
|
134
+3%
|
135
+1%
|
136
+0%
|
138
+2%
|
148
+7%
|
170
+15%
|
199
+17%
|
232
+17%
|
263
+13%
|
279
+6%
|
294
+5%
|
301
+3%
|
298
-1%
|
286
-4%
|
266
-7%
|
246
-8%
|
230
-6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(27)
|
(27)
|
(27)
|
(27)
|
(28)
|
(28)
|
(29)
|
(30)
|
(30)
|
(30)
|
(30)
|
(30)
|
(30)
|
(30)
|
(29)
|
(29)
|
(28)
|
(28)
|
(28)
|
(29)
|
(29)
|
(29)
|
(30)
|
(31)
|
(32)
|
(33)
|
(34)
|
(35)
|
(37)
|
(45)
|
(54)
|
(63)
|
(71)
|
(74)
|
(76)
|
(79)
|
(79)
|
(78)
|
(77)
|
(76)
|
(76)
|
|
Gross Profit |
61
N/A
|
65
+6%
|
68
+5%
|
72
+6%
|
78
+8%
|
78
+0%
|
82
+4%
|
83
+2%
|
82
-2%
|
83
+1%
|
83
-1%
|
79
-4%
|
76
-3%
|
75
-2%
|
73
-3%
|
76
+4%
|
80
+5%
|
84
+5%
|
89
+6%
|
91
+3%
|
92
+1%
|
95
+3%
|
97
+2%
|
99
+3%
|
102
+3%
|
102
+0%
|
102
0%
|
103
+1%
|
111
+7%
|
125
+12%
|
145
+16%
|
170
+17%
|
192
+13%
|
205
+7%
|
217
+6%
|
223
+3%
|
219
-2%
|
209
-5%
|
189
-9%
|
170
-10%
|
154
-9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(64)
|
(64)
|
(65)
|
(68)
|
(71)
|
(71)
|
(72)
|
(72)
|
(70)
|
(71)
|
(70)
|
(70)
|
(70)
|
(69)
|
(69)
|
(69)
|
(70)
|
(71)
|
(72)
|
(74)
|
(76)
|
(76)
|
(79)
|
(78)
|
(79)
|
(80)
|
(79)
|
(81)
|
(88)
|
(102)
|
(117)
|
(142)
|
(158)
|
(163)
|
(168)
|
(163)
|
(160)
|
(162)
|
(162)
|
(158)
|
(157)
|
|
Selling, General & Administrative |
(51)
|
(52)
|
(53)
|
(55)
|
(58)
|
(58)
|
(59)
|
(59)
|
(57)
|
(58)
|
(57)
|
(57)
|
(57)
|
(56)
|
(56)
|
(57)
|
(57)
|
(58)
|
(59)
|
(60)
|
(62)
|
(63)
|
(65)
|
(65)
|
(67)
|
(67)
|
(66)
|
(68)
|
(74)
|
(86)
|
(99)
|
(120)
|
(131)
|
(135)
|
(139)
|
(135)
|
(135)
|
(136)
|
(136)
|
(133)
|
(131)
|
|
Research & Development |
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
|
Depreciation & Amortization |
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(9)
|
(11)
|
(16)
|
(16)
|
(17)
|
(16)
|
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
|
Other Operating Expenses |
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
|
(2)
|
(2)
|
0
|
0
|
|
Operating Income |
(3)
N/A
|
0
N/A
|
2
+433%
|
4
+81%
|
8
+69%
|
7
-1%
|
10
+31%
|
11
+17%
|
12
+7%
|
12
+0%
|
12
+1%
|
9
-24%
|
7
-28%
|
6
-6%
|
5
-28%
|
7
+51%
|
10
+51%
|
13
+27%
|
17
+30%
|
18
+3%
|
17
-6%
|
18
+11%
|
18
-2%
|
22
+20%
|
23
+5%
|
22
-3%
|
23
+4%
|
22
-2%
|
23
+2%
|
22
-1%
|
28
+22%
|
28
+2%
|
34
+22%
|
42
+22%
|
49
+17%
|
60
+23%
|
59
-2%
|
46
-21%
|
28
-40%
|
12
-57%
|
(2)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(23)
|
(23)
|
(24)
|
(24)
|
1
|
4
|
8
|
11
|
12
|
|
Non-Reccuring Items |
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
|
(2)
|
0
|
0
|
3
|
5
|
|
Pre-Tax Income |
(3)
N/A
|
1
N/A
|
3
+389%
|
4
+61%
|
7
+67%
|
7
-3%
|
9
+35%
|
11
+18%
|
12
+7%
|
12
+2%
|
11
-6%
|
8
-28%
|
5
-40%
|
4
-10%
|
3
-31%
|
6
+85%
|
10
+70%
|
12
+28%
|
16
+27%
|
16
+2%
|
15
-8%
|
17
+13%
|
17
+1%
|
20
+21%
|
22
+9%
|
21
-5%
|
22
+5%
|
22
+0%
|
23
+2%
|
22
-3%
|
27
+21%
|
27
+1%
|
11
-59%
|
19
+68%
|
25
+36%
|
37
+45%
|
58
+57%
|
51
-12%
|
36
-29%
|
26
-28%
|
14
-44%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(3)
|
(3)
|
(5)
|
(5)
|
(5)
|
(6)
|
(4)
|
(5)
|
(5)
|
(9)
|
(7)
|
(10)
|
(12)
|
(12)
|
(18)
|
(16)
|
(14)
|
(10)
|
(13)
|
(10)
|
|
Income from Continuing Operations |
(2)
|
(0)
|
2
|
2
|
4
|
4
|
6
|
7
|
7
|
7
|
6
|
4
|
2
|
2
|
1
|
3
|
6
|
9
|
12
|
13
|
13
|
14
|
14
|
15
|
17
|
16
|
16
|
18
|
17
|
17
|
17
|
20
|
1
|
6
|
14
|
18
|
42
|
36
|
26
|
13
|
4
|
|
Net Income (Common) |
(2)
N/A
|
(0)
+92%
|
2
N/A
|
2
+18%
|
4
+72%
|
4
+5%
|
6
+36%
|
7
+19%
|
7
+4%
|
7
-6%
|
6
-6%
|
4
-32%
|
2
-44%
|
2
+2%
|
1
-43%
|
3
+149%
|
7
+95%
|
9
+31%
|
12
+34%
|
14
+14%
|
13
-5%
|
14
+9%
|
14
-2%
|
15
+11%
|
17
+9%
|
16
-7%
|
16
+4%
|
18
+9%
|
17
-4%
|
17
-3%
|
17
+2%
|
20
+19%
|
1
-96%
|
6
+599%
|
14
+116%
|
18
+36%
|
42
+125%
|
36
-13%
|
26
-27%
|
13
-50%
|
4
-66%
|