Markforged Holding Corp
NYSE:MKFG
Income Statement
Earnings Waterfall
Markforged Holding Corp
Revenue
|
93.8m
USD
|
Cost of Revenue
|
-49.4m
USD
|
Gross Profit
|
44.4m
USD
|
Operating Expenses
|
-122.3m
USD
|
Operating Income
|
-77.9m
USD
|
Other Expenses
|
-25.7m
USD
|
Net Income
|
-103.6m
USD
|
Income Statement
Markforged Holding Corp
Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
41
N/A
|
65
+59%
|
91
+41%
|
113
+24%
|
97
-14%
|
98
+1%
|
101
+3%
|
103
+2%
|
104
+1%
|
99
-5%
|
94
-6%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
0
|
(10)
|
(38)
|
(32)
|
(44)
|
(46)
|
(50)
|
(53)
|
(55)
|
(53)
|
(49)
|
|
Gross Profit |
0
N/A
|
14
N/A
|
53
+286%
|
40
-24%
|
53
+32%
|
52
-3%
|
51
-2%
|
51
0%
|
50
-2%
|
47
-6%
|
44
-5%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(61)
|
(97)
|
(114)
|
(161)
|
(140)
|
(139)
|
(138)
|
(138)
|
(133)
|
(128)
|
(122)
|
|
Selling, General & Administrative |
(33)
|
(59)
|
(82)
|
(102)
|
(98)
|
(96)
|
(95)
|
(96)
|
(91)
|
(87)
|
(82)
|
|
Research & Development |
0
|
(10)
|
(32)
|
(31)
|
(41)
|
(42)
|
(42)
|
(42)
|
(42)
|
(41)
|
(41)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Other Operating Expenses |
(28)
|
(28)
|
0
|
(28)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(20)
N/A
|
(42)
-110%
|
(61)
-44%
|
(80)
-31%
|
(86)
-8%
|
(87)
-1%
|
(87)
0%
|
(87)
0%
|
(84)
+4%
|
(82)
+2%
|
(78)
+5%
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
(3)
|
(1)
|
2
|
7
|
5
|
4
|
4
|
6
|
6
|
7
|
6
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(29)
|
(33)
|
|
Total Other Income |
0
|
42
|
63
|
88
|
115
|
71
|
57
|
33
|
5
|
4
|
1
|
|
Pre-Tax Income |
(24)
N/A
|
(2)
+92%
|
4
N/A
|
15
+285%
|
33
+122%
|
(11)
N/A
|
(26)
-128%
|
(49)
-90%
|
(73)
-48%
|
(101)
-39%
|
(104)
-3%
|
|
Net Income | ||||||||||||
Tax Provision |
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
1
|
|
Income from Continuing Operations |
(24)
|
(2)
|
4
|
15
|
33
|
(11)
|
(25)
|
(49)
|
(72)
|
(100)
|
(104)
|
|
Net Income (Common) |
(24)
N/A
|
(2)
+92%
|
4
N/A
|
15
+284%
|
33
+122%
|
(11)
N/A
|
(25)
-123%
|
(49)
-91%
|
(72)
-47%
|
(100)
-40%
|
(104)
-3%
|
|
EPS (Diluted) |
-0.1
N/A
|
-0.01
+90%
|
0.04
N/A
|
0.07
+75%
|
0.19
+171%
|
-0.06
N/A
|
-0.13
-117%
|
-0.26
-100%
|
-0.38
-46%
|
-0.52
-37%
|
-0.53
-2%
|