Emergent BioSolutions Inc
NYSE:EBS
Income Statement
Earnings Waterfall
Emergent BioSolutions Inc
Revenue
|
1B
USD
|
Cost of Revenue
|
-705.4m
USD
|
Gross Profit
|
343.9m
USD
|
Operating Expenses
|
-545.4m
USD
|
Operating Income
|
-201.5m
USD
|
Other Expenses
|
-559m
USD
|
Net Income
|
-760.5m
USD
|
Income Statement
Emergent BioSolutions 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 |
313
N/A
|
324
+3%
|
351
+9%
|
400
+14%
|
405
+1%
|
414
+2%
|
411
-1%
|
432
+5%
|
489
+13%
|
537
+10%
|
520
-3%
|
505
-3%
|
489
-3%
|
503
+3%
|
512
+2%
|
519
+1%
|
561
+8%
|
562
+0%
|
681
+21%
|
706
+4%
|
782
+11%
|
855
+9%
|
878
+3%
|
1 016
+16%
|
1 106
+9%
|
1 108
+0%
|
1 259
+14%
|
1 333
+6%
|
1 555
+17%
|
1 706
+10%
|
1 709
+0%
|
1 653
-3%
|
1 774
+7%
|
1 757
-1%
|
1 602
-9%
|
1 513
-6%
|
1 118
-26%
|
979
-12%
|
1 238
+27%
|
1 269
+2%
|
1 049
-17%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(62)
|
(75)
|
(93)
|
(105)
|
(102)
|
(102)
|
(86)
|
(89)
|
(108)
|
(117)
|
(128)
|
(132)
|
(131)
|
(154)
|
(159)
|
(164)
|
(196)
|
(207)
|
(262)
|
(291)
|
(322)
|
(356)
|
(368)
|
(403)
|
(434)
|
(419)
|
(448)
|
(475)
|
(507)
|
(529)
|
(627)
|
(709)
|
(748)
|
(814)
|
(756)
|
(687)
|
(693)
|
(693)
|
(867)
|
(895)
|
(705)
|
|
Gross Profit |
251
N/A
|
248
-1%
|
258
+4%
|
295
+14%
|
303
+3%
|
313
+3%
|
325
+4%
|
343
+5%
|
382
+11%
|
419
+10%
|
393
-6%
|
373
-5%
|
358
-4%
|
349
-2%
|
353
+1%
|
355
+0%
|
365
+3%
|
354
-3%
|
419
+18%
|
415
-1%
|
460
+11%
|
499
+8%
|
511
+2%
|
614
+20%
|
673
+10%
|
689
+2%
|
812
+18%
|
858
+6%
|
1 049
+22%
|
1 177
+12%
|
1 082
-8%
|
943
-13%
|
1 026
+9%
|
943
-8%
|
846
-10%
|
826
-2%
|
424
-49%
|
286
-33%
|
371
+30%
|
374
+1%
|
344
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(208)
|
(217)
|
(235)
|
(258)
|
(213)
|
(226)
|
(205)
|
(191)
|
(240)
|
(241)
|
(258)
|
(266)
|
(252)
|
(250)
|
(243)
|
(233)
|
(241)
|
(255)
|
(261)
|
(283)
|
(370)
|
(427)
|
(512)
|
(566)
|
(558)
|
(560)
|
(549)
|
(562)
|
(569)
|
(636)
|
(652)
|
(610)
|
(642)
|
(680)
|
(669)
|
(656)
|
(588)
|
(613)
|
(754)
|
(738)
|
(545)
|
|
Selling, General & Administrative |
(88)
|
(98)
|
(108)
|
(116)
|
(109)
|
(113)
|
(109)
|
(104)
|
(121)
|
(127)
|
(135)
|
(150)
|
(144)
|
(144)
|
(140)
|
(132)
|
(135)
|
(137)
|
(143)
|
(148)
|
(203)
|
(220)
|
(255)
|
(282)
|
(274)
|
(278)
|
(283)
|
(293)
|
(303)
|
(315)
|
(330)
|
(336)
|
(349)
|
(352)
|
(342)
|
(340)
|
(340)
|
(356)
|
(468)
|
(473)
|
(368)
|
|
Research & Development |
(120)
|
(120)
|
(127)
|
(142)
|
(105)
|
(113)
|
(97)
|
(87)
|
(119)
|
(115)
|
(122)
|
(115)
|
(108)
|
(103)
|
(101)
|
(96)
|
(97)
|
(106)
|
(105)
|
(119)
|
(143)
|
(160)
|
(199)
|
(215)
|
(226)
|
(223)
|
(207)
|
(209)
|
(206)
|
(215)
|
(216)
|
(211)
|
(235)
|
(228)
|
(229)
|
(218)
|
(188)
|
(187)
|
(204)
|
(180)
|
(111)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
(3)
|
(3)
|
(5)
|
(9)
|
(11)
|
(13)
|
(16)
|
(25)
|
(36)
|
(46)
|
(57)
|
(59)
|
(59)
|
(59)
|
(60)
|
(60)
|
(60)
|
(60)
|
(60)
|
(59)
|
(58)
|
(57)
|
(56)
|
(60)
|
(63)
|
(82)
|
(84)
|
(66)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
(12)
|
(12)
|
0
|
0
|
0
|
0
|
0
|
(46)
|
(46)
|
(4)
|
0
|
(42)
|
(42)
|
(42)
|
0
|
(7)
|
0
|
0
|
0
|
|
Operating Income |
43
N/A
|
31
-28%
|
24
-22%
|
37
+54%
|
89
+143%
|
86
-3%
|
120
+39%
|
152
+27%
|
142
-7%
|
178
+26%
|
135
-24%
|
107
-21%
|
106
-2%
|
99
-6%
|
110
+11%
|
122
+11%
|
124
+2%
|
100
-20%
|
158
+58%
|
132
-17%
|
90
-32%
|
72
-20%
|
(2)
N/A
|
48
N/A
|
114
+139%
|
130
+14%
|
263
+102%
|
296
+13%
|
480
+62%
|
541
+13%
|
429
-21%
|
333
-22%
|
383
+15%
|
264
-31%
|
177
-33%
|
170
-4%
|
(163)
N/A
|
(327)
-100%
|
(382)
-17%
|
(364)
+5%
|
(202)
+45%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(3)
|
(5)
|
(7)
|
(8)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(6)
|
(5)
|
(3)
|
(3)
|
(1)
|
(10)
|
(19)
|
(28)
|
(39)
|
(38)
|
(38)
|
(34)
|
(32)
|
(31)
|
(31)
|
(33)
|
(34)
|
(35)
|
(34)
|
(33)
|
(34)
|
(37)
|
(47)
|
(86)
|
(97)
|
(88)
|
|
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
|
(43)
|
(46)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(7)
|
0
|
(239)
|
(457)
|
(451)
|
|
Total Other Income |
0
|
1
|
2
|
3
|
3
|
3
|
1
|
1
|
0
|
0
|
0
|
(1)
|
0
|
1
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
2
|
1
|
2
|
1
|
2
|
2
|
1
|
4
|
5
|
4
|
4
|
1
|
(4)
|
(4)
|
(8)
|
(19)
|
(12)
|
(5)
|
(1)
|
10
|
9
|
|
Pre-Tax Income |
43
N/A
|
28
-35%
|
21
-25%
|
33
+54%
|
84
+159%
|
83
-2%
|
116
+39%
|
148
+28%
|
136
-8%
|
173
+27%
|
129
-25%
|
101
-22%
|
99
-1%
|
93
-6%
|
103
+11%
|
116
+12%
|
119
+3%
|
96
-19%
|
155
+62%
|
130
-16%
|
82
-37%
|
53
-35%
|
(28)
N/A
|
10
N/A
|
77
+715%
|
94
+21%
|
230
+144%
|
226
-2%
|
407
+80%
|
514
+26%
|
400
-22%
|
300
-25%
|
303
+1%
|
225
-26%
|
135
-40%
|
117
-14%
|
(219)
N/A
|
(379)
-73%
|
(707)
-87%
|
(909)
-29%
|
(731)
+20%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(13)
|
(9)
|
(8)
|
(11)
|
(30)
|
(30)
|
(39)
|
(52)
|
(44)
|
(56)
|
(43)
|
(36)
|
(37)
|
(32)
|
(35)
|
(35)
|
(36)
|
(28)
|
(42)
|
(30)
|
(23)
|
(16)
|
6
|
(10)
|
(23)
|
(26)
|
(60)
|
(59)
|
(102)
|
(126)
|
(101)
|
(73)
|
(84)
|
(68)
|
(39)
|
(64)
|
7
|
(24)
|
(87)
|
(73)
|
(29)
|
|
Income from Continuing Operations |
30
|
19
|
14
|
22
|
54
|
53
|
76
|
97
|
91
|
117
|
87
|
65
|
63
|
61
|
68
|
81
|
83
|
67
|
113
|
100
|
58
|
37
|
(22)
|
(0)
|
55
|
68
|
170
|
167
|
305
|
387
|
299
|
227
|
220
|
158
|
97
|
54
|
(212)
|
(403)
|
(794)
|
(982)
|
(761)
|
|
Income to Minority Interest |
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
|
|
Net Income (Common) |
31
N/A
|
19
-39%
|
14
-29%
|
22
+61%
|
37
+68%
|
35
-4%
|
45
+26%
|
60
+34%
|
63
+6%
|
88
+40%
|
63
-28%
|
48
-25%
|
52
+9%
|
58
+13%
|
74
+27%
|
86
+17%
|
83
-4%
|
67
-19%
|
113
+68%
|
100
-11%
|
63
-37%
|
42
-34%
|
(18)
N/A
|
4
N/A
|
55
+1 198%
|
68
+25%
|
170
+150%
|
167
-2%
|
305
+83%
|
387
+27%
|
299
-23%
|
227
-24%
|
220
-3%
|
158
-28%
|
97
-39%
|
54
-45%
|
(212)
N/A
|
(403)
-91%
|
(794)
-97%
|
(982)
-24%
|
(761)
+23%
|
|
EPS (Diluted) |
0.84
N/A
|
0.51
-39%
|
0.35
-31%
|
0.46
+31%
|
0.8
+74%
|
0.92
+15%
|
1.13
+23%
|
1.24
+10%
|
1.32
+6%
|
1.82
+38%
|
1.57
-14%
|
0.96
-39%
|
1.05
+9%
|
1.17
+11%
|
1.47
+26%
|
1.7
+16%
|
1.65
-3%
|
1.35
-18%
|
2.21
+64%
|
1.96
-11%
|
1.21
-38%
|
0.81
-33%
|
-0.35
N/A
|
0.08
N/A
|
1.04
+1 200%
|
1.3
+25%
|
3.18
+145%
|
3.06
-4%
|
5.67
+85%
|
7.1
+25%
|
5.54
-22%
|
4.22
-24%
|
4.06
-4%
|
3.1
-24%
|
1.93
-38%
|
1.07
-45%
|
-4.22
N/A
|
-8.02
-90%
|
-15.46
-93%
|
-18.95
-23%
|
-14.85
+22%
|