Thoughtworks Holding Inc
NASDAQ:TWKS
Income Statement
Earnings Waterfall
Thoughtworks Holding Inc
Revenue
|
1.1B
USD
|
Cost of Revenue
|
-772.8m
USD
|
Gross Profit
|
354m
USD
|
Operating Expenses
|
-355.4m
USD
|
Operating Income
|
-1.4m
USD
|
Other Expenses
|
-67.3m
USD
|
Net Income
|
-68.7m
USD
|
Income Statement
Thoughtworks Holding Inc
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 |
772
N/A
|
804
+4%
|
805
+0%
|
802
0%
|
803
+0%
|
826
+3%
|
901
+9%
|
990
+10%
|
1 070
+8%
|
1 153
+8%
|
1 225
+6%
|
1 272
+4%
|
1 296
+2%
|
1 282
-1%
|
1 237
-4%
|
1 185
-4%
|
1 127
-5%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(477)
|
(495)
|
(486)
|
(478)
|
(476)
|
(483)
|
(526)
|
(595)
|
(670)
|
(785)
|
(883)
|
(943)
|
(950)
|
(915)
|
(861)
|
(803)
|
(773)
|
|
Gross Profit |
296
N/A
|
309
+5%
|
319
+3%
|
324
+2%
|
328
+1%
|
343
+5%
|
375
+9%
|
395
+5%
|
400
+1%
|
369
-8%
|
342
-7%
|
329
-4%
|
346
+5%
|
367
+6%
|
376
+3%
|
382
+2%
|
354
-7%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(220)
|
(224)
|
(217)
|
(208)
|
(207)
|
(224)
|
(246)
|
(317)
|
(343)
|
(391)
|
(422)
|
(401)
|
(389)
|
(373)
|
(362)
|
(353)
|
(355)
|
|
Selling, General & Administrative |
(204)
|
(208)
|
(200)
|
(191)
|
(189)
|
(206)
|
(228)
|
(299)
|
(325)
|
(372)
|
(403)
|
(381)
|
(369)
|
(353)
|
(340)
|
(330)
|
(332)
|
|
Depreciation & Amortization |
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
(20)
|
(21)
|
(20)
|
(22)
|
(23)
|
(24)
|
|
Operating Income |
76
N/A
|
85
+12%
|
102
+20%
|
116
+14%
|
121
+4%
|
119
-2%
|
129
+9%
|
78
-40%
|
57
-26%
|
(23)
N/A
|
(79)
-250%
|
(72)
+9%
|
(43)
+40%
|
(6)
+87%
|
15
N/A
|
30
+103%
|
(1)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(28)
|
(33)
|
(29)
|
(24)
|
(19)
|
(18)
|
(22)
|
(25)
|
(31)
|
(22)
|
(32)
|
(41)
|
(29)
|
(31)
|
(21)
|
(18)
|
(24)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
(16)
|
(19)
|
|
Total Other Income |
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(0)
|
2
|
(0)
|
0
|
(2)
|
2
|
|
Pre-Tax Income |
48
N/A
|
52
+10%
|
73
+39%
|
91
+25%
|
102
+12%
|
102
0%
|
108
+6%
|
53
-51%
|
16
-70%
|
(46)
N/A
|
(114)
-145%
|
(114)
N/A
|
(75)
+34%
|
(37)
+51%
|
(6)
+85%
|
(6)
N/A
|
(43)
-670%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(19)
|
(18)
|
(19)
|
(23)
|
(23)
|
(22)
|
(30)
|
(22)
|
(17)
|
(16)
|
(7)
|
(20)
|
(31)
|
(33)
|
(38)
|
(25)
|
(26)
|
|
Income from Continuing Operations |
28
|
34
|
53
|
68
|
79
|
80
|
78
|
31
|
(1)
|
(63)
|
(120)
|
(134)
|
(105)
|
(70)
|
(43)
|
(30)
|
(69)
|
|
Net Income (Common) |
28
N/A
|
34
+20%
|
53
+56%
|
68
+28%
|
73
+6%
|
74
+1%
|
12
-84%
|
(35)
N/A
|
(60)
-72%
|
(122)
-103%
|
(120)
+2%
|
(134)
-11%
|
(105)
+21%
|
(70)
+33%
|
(43)
+39%
|
(30)
+29%
|
(69)
-126%
|
|
EPS (Diluted) |
0.09
N/A
|
0.11
+22%
|
0.18
+64%
|
0.23
+28%
|
0.26
+13%
|
0.26
N/A
|
0.05
-81%
|
-0.14
N/A
|
-0.24
-71%
|
-0.39
-63%
|
-0.38
+3%
|
-0.43
-13%
|
-0.34
+21%
|
-0.23
+32%
|
-0.14
+39%
|
-0.1
+29%
|
-0.22
-120%
|