Vonage Holdings Corp
NASDAQ:VG
Income Statement
Earnings Waterfall
Vonage Holdings Corp
Revenue
|
1.4B
USD
|
Cost of Revenue
|
-720.1m
USD
|
Gross Profit
|
714.8m
USD
|
Operating Expenses
|
-731.8m
USD
|
Operating Income
|
-16.9m
USD
|
Other Expenses
|
-24.3m
USD
|
Net Income
|
-41.2m
USD
|
Income Statement
Vonage Holdings Corp
Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
860
N/A
|
851
-1%
|
849
0%
|
842
-1%
|
835
-1%
|
832
0%
|
829
0%
|
841
+1%
|
855
+2%
|
866
+1%
|
869
+0%
|
868
0%
|
871
+0%
|
880
+1%
|
895
+2%
|
902
+1%
|
914
+1%
|
939
+3%
|
956
+2%
|
972
+2%
|
990
+2%
|
995
+0%
|
1 002
+1%
|
1 013
+1%
|
1 021
+1%
|
1 029
+1%
|
1 049
+2%
|
1 075
+2%
|
1 112
+4%
|
1 153
+4%
|
1 189
+3%
|
1 207
+2%
|
1 220
+1%
|
1 234
+1%
|
1 248
+1%
|
1 283
+3%
|
1 324
+3%
|
1 366
+3%
|
1 409
+3%
|
1 435
+2%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(278)
|
(274)
|
(298)
|
(291)
|
(286)
|
(283)
|
(275)
|
(280)
|
(286)
|
(289)
|
(268)
|
(270)
|
(274)
|
(284)
|
(296)
|
(303)
|
(315)
|
(336)
|
(355)
|
(372)
|
(391)
|
(398)
|
(405)
|
(414)
|
(417)
|
(419)
|
(427)
|
(437)
|
(458)
|
(487)
|
(511)
|
(525)
|
(531)
|
(539)
|
(554)
|
(583)
|
(618)
|
(654)
|
(695)
|
(720)
|
|
Gross Profit |
582
N/A
|
577
-1%
|
551
-5%
|
551
+0%
|
549
0%
|
549
0%
|
554
+1%
|
561
+1%
|
569
+2%
|
577
+1%
|
601
+4%
|
598
0%
|
597
0%
|
596
0%
|
599
+1%
|
599
0%
|
599
0%
|
603
+1%
|
600
0%
|
600
0%
|
599
0%
|
597
0%
|
597
+0%
|
599
+0%
|
604
+1%
|
611
+1%
|
622
+2%
|
638
+3%
|
655
+3%
|
666
+2%
|
678
+2%
|
682
+1%
|
689
+1%
|
695
+1%
|
694
0%
|
700
+1%
|
707
+1%
|
712
+1%
|
714
+0%
|
715
+0%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(484)
|
(484)
|
(461)
|
(485)
|
(466)
|
(478)
|
(497)
|
(515)
|
(523)
|
(526)
|
(538)
|
(527)
|
(523)
|
(526)
|
(543)
|
(544)
|
(551)
|
(550)
|
(551)
|
(557)
|
(556)
|
(544)
|
(526)
|
(525)
|
(523)
|
(536)
|
(556)
|
(593)
|
(623)
|
(648)
|
(671)
|
(669)
|
(674)
|
(696)
|
(676)
|
(696)
|
(676)
|
(682)
|
(707)
|
(732)
|
|
Selling, General & Administrative |
(449)
|
(450)
|
(428)
|
(427)
|
(433)
|
(446)
|
(805)
|
(812)
|
(813)
|
(807)
|
(470)
|
(456)
|
(447)
|
(445)
|
(454)
|
(452)
|
(454)
|
(450)
|
(449)
|
(453)
|
(452)
|
(441)
|
(424)
|
(419)
|
(416)
|
(423)
|
(433)
|
(459)
|
(481)
|
(499)
|
(516)
|
(511)
|
(513)
|
(530)
|
(505)
|
(505)
|
(500)
|
(488)
|
(536)
|
(557)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
(15)
|
(20)
|
(24)
|
(29)
|
(21)
|
(22)
|
(25)
|
(27)
|
(27)
|
(27)
|
(28)
|
(29)
|
(30)
|
(31)
|
(31)
|
(30)
|
(30)
|
(32)
|
(36)
|
(43)
|
(52)
|
(58)
|
(64)
|
(67)
|
(69)
|
(72)
|
(75)
|
(78)
|
(82)
|
(83)
|
(86)
|
(83)
|
(81)
|
(81)
|
|
Depreciation & Amortization |
(34)
|
(34)
|
(33)
|
(33)
|
(32)
|
(33)
|
(36)
|
(40)
|
(44)
|
(48)
|
(48)
|
(49)
|
(51)
|
(54)
|
(62)
|
(65)
|
(68)
|
(71)
|
(72)
|
(73)
|
(73)
|
(74)
|
(73)
|
(71)
|
(72)
|
(70)
|
(71)
|
(75)
|
(77)
|
(82)
|
(86)
|
(86)
|
(86)
|
(87)
|
(89)
|
(89)
|
(90)
|
(90)
|
(89)
|
(94)
|
|
Other Operating Expenses |
0
|
0
|
0
|
(25)
|
0
|
0
|
358
|
358
|
358
|
358
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(19)
|
0
|
(20)
|
0
|
0
|
|
Operating Income |
99
N/A
|
94
-5%
|
90
-4%
|
67
-26%
|
83
+25%
|
70
-15%
|
57
-19%
|
46
-19%
|
46
-1%
|
51
+10%
|
63
+23%
|
71
+13%
|
74
+5%
|
70
-5%
|
56
-20%
|
55
-2%
|
48
-12%
|
53
+10%
|
50
-6%
|
43
-13%
|
43
+0%
|
53
+21%
|
71
+36%
|
74
+4%
|
81
+9%
|
75
-7%
|
65
-12%
|
45
-31%
|
32
-30%
|
18
-44%
|
7
-61%
|
13
+87%
|
16
+20%
|
(0)
N/A
|
19
N/A
|
5
-74%
|
31
+531%
|
31
-1%
|
7
-76%
|
(17)
N/A
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(12)
|
(13)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
(14)
|
(13)
|
(15)
|
(20)
|
(25)
|
(30)
|
(33)
|
(33)
|
(34)
|
(33)
|
(32)
|
(31)
|
(29)
|
(29)
|
(28)
|
(25)
|
|
Non-Reccuring Items |
(34)
|
(25)
|
(25)
|
0
|
0
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(5)
|
(5)
|
(7)
|
(3)
|
(3)
|
(7)
|
(6)
|
(6)
|
(13)
|
(11)
|
(10)
|
(10)
|
0
|
0
|
(5)
|
(14)
|
(14)
|
(14)
|
(9)
|
(0)
|
0
|
0
|
0
|
(19)
|
0
|
(20)
|
0
|
0
|
(3)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
|
Pre-Tax Income |
57
N/A
|
62
+9%
|
59
-5%
|
61
+4%
|
78
+27%
|
64
-18%
|
48
-26%
|
36
-24%
|
36
0%
|
41
+14%
|
52
+25%
|
59
+14%
|
61
+4%
|
55
-11%
|
43
-21%
|
43
-1%
|
31
-28%
|
35
+13%
|
31
-11%
|
16
-49%
|
17
+6%
|
28
+63%
|
46
+66%
|
59
+29%
|
66
+12%
|
57
-14%
|
37
-36%
|
12
-68%
|
(8)
N/A
|
(23)
-195%
|
(26)
-15%
|
(20)
+25%
|
(18)
+10%
|
(33)
-86%
|
(32)
+2%
|
(26)
+18%
|
(19)
+29%
|
2
N/A
|
(20)
N/A
|
(44)
-119%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
320
|
312
|
(22)
|
(25)
|
(31)
|
(27)
|
(18)
|
(14)
|
(15)
|
(17)
|
(22)
|
(25)
|
(26)
|
(23)
|
(18)
|
(20)
|
(16)
|
(16)
|
(18)
|
(5)
|
(1)
|
(8)
|
(10)
|
(5)
|
(8)
|
(0)
|
(1)
|
(1)
|
14
|
(1)
|
7
|
(3)
|
(18)
|
8
|
(4)
|
(7)
|
(6)
|
(18)
|
(4)
|
3
|
|
Income from Continuing Operations |
377
|
374
|
37
|
36
|
46
|
37
|
29
|
22
|
21
|
25
|
30
|
34
|
35
|
32
|
25
|
23
|
15
|
19
|
13
|
11
|
16
|
19
|
35
|
54
|
58
|
57
|
36
|
11
|
7
|
(24)
|
(20)
|
(23)
|
(36)
|
(25)
|
(36)
|
(33)
|
(24)
|
(16)
|
(25)
|
(41)
|
|
Income to Minority Interest |
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
|
|
Net Income (Common) |
377
N/A
|
374
-1%
|
37
-90%
|
36
-2%
|
46
+30%
|
37
-19%
|
28
-25%
|
20
-30%
|
18
-10%
|
18
+2%
|
20
+11%
|
23
+14%
|
26
+12%
|
25
-5%
|
23
-9%
|
23
+2%
|
15
-35%
|
19
+24%
|
13
-29%
|
11
-15%
|
16
+41%
|
19
+23%
|
(34)
N/A
|
(15)
+55%
|
(12)
+25%
|
(13)
-9%
|
36
N/A
|
11
-70%
|
7
-38%
|
(24)
N/A
|
(20)
+19%
|
(23)
-17%
|
(36)
-57%
|
(25)
+31%
|
(36)
-47%
|
(33)
+9%
|
(24)
+26%
|
(16)
+33%
|
(25)
-50%
|
(41)
-68%
|
|
EPS (Diluted) |
1.66
N/A
|
1.6
-4%
|
0.16
-90%
|
0.16
N/A
|
0.21
+31%
|
0.17
-19%
|
0.13
-24%
|
0.09
-31%
|
0.08
-11%
|
0.08
N/A
|
0.09
+13%
|
0.11
+22%
|
0.12
+9%
|
0.11
-8%
|
0.1
-9%
|
0.1
N/A
|
0.07
-30%
|
0.08
+14%
|
0.06
-25%
|
0.05
-17%
|
0.07
+40%
|
0.08
+14%
|
-0.15
N/A
|
-0.06
+60%
|
-0.05
+17%
|
-0.05
N/A
|
0.15
N/A
|
0.04
-73%
|
0.03
-25%
|
-0.1
N/A
|
-0.08
+20%
|
-0.09
-13%
|
-0.15
-67%
|
-0.1
+33%
|
-0.15
-50%
|
-0.13
+13%
|
-0.09
+31%
|
-0.06
+33%
|
-0.1
-67%
|
-0.16
-60%
|