
Invitae Corp
NYSE:NVTA

Income Statement
Earnings Waterfall
Invitae Corp
Revenue
|
494m
USD
|
Cost of Revenue
|
-385.7m
USD
|
Gross Profit
|
108m
USD
|
Operating Expenses
|
1.7B
USD
|
Operating Income
|
1.8B
USD
|
Other Expenses
|
-2.6B
USD
|
Net Income
|
-799.7m
USD
|
Income Statement
Invitae Corp
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||
Revenue |
1
N/A
|
1
+33%
|
2
+100%
|
3
+69%
|
4
+56%
|
6
+45%
|
8
+38%
|
11
+33%
|
15
+34%
|
19
+27%
|
25
+31%
|
31
+25%
|
40
+28%
|
52
+29%
|
68
+31%
|
86
+26%
|
109
+27%
|
128
+18%
|
148
+16%
|
161
+9%
|
177
+10%
|
196
+11%
|
217
+11%
|
241
+11%
|
233
-3%
|
245
+5%
|
280
+14%
|
319
+14%
|
389
+22%
|
435
+12%
|
460
+6%
|
481
+4%
|
501
+4%
|
520
+4%
|
516
-1%
|
510
-1%
|
494
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2)
|
(4)
|
(6)
|
(8)
|
(11)
|
(14)
|
(17)
|
(19)
|
(22)
|
(25)
|
(28)
|
(31)
|
(35)
|
(41)
|
(50)
|
(59)
|
(69)
|
(76)
|
(80)
|
(83)
|
(91)
|
(103)
|
(118)
|
(137)
|
(152)
|
(167)
|
(198)
|
(233)
|
(280)
|
(321)
|
(349)
|
(370)
|
(391)
|
(421)
|
(417)
|
(409)
|
(386)
|
|
Gross Profit |
(1)
N/A
|
(3)
-93%
|
(4)
-52%
|
(6)
-37%
|
(7)
-25%
|
(7)
-6%
|
(8)
-11%
|
(8)
N/A
|
(7)
+15%
|
(6)
+11%
|
(3)
+55%
|
0
N/A
|
5
+2 350%
|
11
+120%
|
18
+68%
|
27
+48%
|
40
+49%
|
52
+30%
|
68
+31%
|
77
+14%
|
86
+11%
|
93
+9%
|
99
+6%
|
103
+5%
|
81
-22%
|
79
-3%
|
81
+3%
|
86
+5%
|
109
+28%
|
114
+4%
|
112
-2%
|
110
-1%
|
110
-1%
|
99
-9%
|
99
0%
|
101
+2%
|
108
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(33)
|
(37)
|
(43)
|
(51)
|
(64)
|
(73)
|
(81)
|
(88)
|
(89)
|
(93)
|
(97)
|
(102)
|
(110)
|
(122)
|
(139)
|
(157)
|
(172)
|
(183)
|
(190)
|
(200)
|
(230)
|
(285)
|
(343)
|
(409)
|
(476)
|
(477)
|
(711)
|
(730)
|
(503)
|
(620)
|
(503)
|
(603)
|
(933)
|
(894)
|
1 513
|
1 601
|
1 651
|
|
Selling, General & Administrative |
(13)
|
(17)
|
(21)
|
(26)
|
(31)
|
(35)
|
(39)
|
(43)
|
(45)
|
(48)
|
(52)
|
(58)
|
(66)
|
(77)
|
(93)
|
(105)
|
(116)
|
(123)
|
(127)
|
(133)
|
(154)
|
(178)
|
(201)
|
(230)
|
(247)
|
(258)
|
(470)
|
(465)
|
(490)
|
(568)
|
(410)
|
(462)
|
(482)
|
(434)
|
(411)
|
(390)
|
(389)
|
|
Research & Development |
(20)
|
(21)
|
(22)
|
(26)
|
(32)
|
(38)
|
(43)
|
(45)
|
(44)
|
(44)
|
(45)
|
(44)
|
(45)
|
(45)
|
(46)
|
(52)
|
(56)
|
(61)
|
(64)
|
(66)
|
(76)
|
(107)
|
(142)
|
(179)
|
(229)
|
(220)
|
(241)
|
(265)
|
(297)
|
(357)
|
(416)
|
(464)
|
(473)
|
(462)
|
(402)
|
(336)
|
(285)
|
|
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
|
284
|
304
|
323
|
323
|
22
|
2
|
2 326
|
2 327
|
2 325
|
|
Operating Income |
(35)
N/A
|
(40)
-16%
|
(47)
-18%
|
(57)
-20%
|
(71)
-24%
|
(81)
-14%
|
(90)
-11%
|
(96)
-7%
|
(96)
N/A
|
(99)
-2%
|
(99)
-1%
|
(101)
-2%
|
(105)
-4%
|
(111)
-6%
|
(121)
-9%
|
(131)
-8%
|
(133)
-2%
|
(132)
+1%
|
(123)
+7%
|
(122)
+0%
|
(144)
-18%
|
(191)
-33%
|
(244)
-28%
|
(306)
-25%
|
(395)
-29%
|
(399)
-1%
|
(630)
-58%
|
(644)
-2%
|
(394)
+39%
|
(506)
-29%
|
(392)
+23%
|
(493)
-26%
|
(824)
-67%
|
(795)
+3%
|
1 612
N/A
|
1 703
+6%
|
1 760
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(9)
|
(12)
|
(16)
|
(19)
|
(23)
|
(30)
|
(33)
|
(41)
|
(48)
|
(50)
|
(55)
|
(56)
|
(56)
|
(57)
|
(54)
|
(46)
|
|
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
|
(1)
|
(1)
|
(23)
|
(20)
|
0
|
0
|
2
|
0
|
(2 318)
|
(2 443)
|
(4 731)
|
(4 794)
|
(2 557)
|
|
Total Other Income |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
2
|
2
|
2
|
(3)
|
(4)
|
(2)
|
(10)
|
(4)
|
0
|
(23)
|
(31)
|
(32)
|
(35)
|
(11)
|
8
|
23
|
32
|
37
|
35
|
24
|
18
|
36
|
|
Pre-Tax Income |
(35)
N/A
|
(40)
-16%
|
(47)
-18%
|
(57)
-20%
|
(71)
-24%
|
(81)
-14%
|
(90)
-11%
|
(97)
-8%
|
(97)
-1%
|
(100)
-3%
|
(100)
0%
|
(103)
-3%
|
(107)
-4%
|
(114)
-7%
|
(125)
-10%
|
(133)
-6%
|
(136)
-2%
|
(135)
+0%
|
(132)
+2%
|
(134)
-1%
|
(155)
-16%
|
(210)
-36%
|
(260)
-24%
|
(321)
-23%
|
(438)
-36%
|
(453)
-4%
|
(714)
-58%
|
(732)
-2%
|
(446)
+39%
|
(547)
-23%
|
(416)
+24%
|
(516)
-24%
|
(3 161)
-512%
|
(3 259)
-3%
|
(3 151)
+3%
|
(3 128)
+1%
|
(808)
+74%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
7
|
51
|
49
|
49
|
44
|
3
|
0
|
7
|
16
|
19
|
0
|
17
|
8
|
112
|
119
|
133
|
139
|
37
|
65
|
52
|
47
|
45
|
11
|
8
|
|
Income from Continuing Operations |
(35)
|
(40)
|
(47)
|
(57)
|
(71)
|
(81)
|
(90)
|
(97)
|
(97)
|
(100)
|
(100)
|
(102)
|
(105)
|
(108)
|
(75)
|
(84)
|
(87)
|
(91)
|
(129)
|
(131)
|
(148)
|
(195)
|
(242)
|
(303)
|
(421)
|
(445)
|
(602)
|
(613)
|
(313)
|
(408)
|
(379)
|
(451)
|
(3 109)
|
(3 212)
|
(3 106)
|
(3 117)
|
(800)
|
|
Net Income (Common) |
(35)
N/A
|
(40)
-16%
|
(47)
-18%
|
(57)
-20%
|
(71)
-24%
|
(81)
-14%
|
(90)
-11%
|
(97)
-8%
|
(97)
-1%
|
(100)
-3%
|
(100)
0%
|
(102)
-1%
|
(105)
-4%
|
(108)
-2%
|
(123)
-15%
|
(133)
-7%
|
(136)
-2%
|
(140)
-3%
|
(129)
+8%
|
(131)
-1%
|
(148)
-13%
|
(195)
-32%
|
(242)
-24%
|
(303)
-25%
|
(421)
-39%
|
(445)
-6%
|
(602)
-35%
|
(613)
-2%
|
(313)
+49%
|
(408)
-30%
|
(379)
+7%
|
(451)
-19%
|
(3 109)
-589%
|
(3 212)
-3%
|
(3 106)
+3%
|
(3 117)
0%
|
(800)
+74%
|