Vizio Holding Corp
NYSE:VZIO
Income Statement
Earnings Waterfall
Vizio Holding Corp
Revenue
|
1.7B
USD
|
Cost of Revenue
|
-1.3B
USD
|
Gross Profit
|
356.3m
USD
|
Operating Expenses
|
-331.5m
USD
|
Operating Income
|
24.8m
USD
|
Other Expenses
|
3.4m
USD
|
Net Income
|
28.2m
USD
|
Income Statement
Vizio Holding Corp
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
2 124
N/A
|
2 104
-1%
|
2 112
+0%
|
1 958
-7%
|
1 863
-5%
|
1 734
-7%
|
1 720
-1%
|
1 711
-1%
|
1 680
-2%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(1 798)
|
(1 791)
|
(1 805)
|
(1 654)
|
(1 550)
|
(1 419)
|
(1 392)
|
(1 367)
|
(1 324)
|
|
Gross Profit |
326
N/A
|
312
-4%
|
307
-2%
|
304
-1%
|
313
+3%
|
315
+1%
|
327
+4%
|
344
+5%
|
356
+4%
|
|
Operating Income | ||||||||||
Operating Expenses |
(356)
|
(369)
|
(350)
|
(328)
|
(306)
|
(299)
|
(309)
|
(318)
|
(332)
|
|
Selling, General & Administrative |
(319)
|
(306)
|
(285)
|
(261)
|
(262)
|
(252)
|
(261)
|
(270)
|
(286)
|
|
Research & Development |
(34)
|
(60)
|
(62)
|
(64)
|
(41)
|
(44)
|
(44)
|
(43)
|
(41)
|
|
Depreciation & Amortization |
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
|
Operating Income |
(30)
N/A
|
(56)
-90%
|
(43)
+23%
|
(24)
+44%
|
6
N/A
|
16
+154%
|
18
+14%
|
26
+44%
|
25
-5%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
0
|
0
|
0
|
1
|
1
|
4
|
7
|
10
|
13
|
|
Total Other Income |
3
|
3
|
2
|
3
|
(1)
|
0
|
(0)
|
(1)
|
0
|
|
Pre-Tax Income |
(26)
N/A
|
(53)
-101%
|
(41)
+23%
|
(21)
+48%
|
7
N/A
|
19
+182%
|
25
+34%
|
36
+44%
|
38
+6%
|
|
Net Income | ||||||||||
Tax Provision |
(13)
|
(1)
|
3
|
4
|
(7)
|
(9)
|
(16)
|
(15)
|
(10)
|
|
Income from Continuing Operations |
(39)
|
(54)
|
(38)
|
(17)
|
(0)
|
10
|
10
|
21
|
28
|
|
Net Income (Common) |
(39)
N/A
|
(54)
-36%
|
(37)
+30%
|
(17)
+55%
|
(0)
+98%
|
10
N/A
|
10
-4%
|
21
+124%
|
28
+32%
|
|
EPS (Diluted) |
-0.22
N/A
|
-0.29
-32%
|
-0.2
+31%
|
-0.09
+55%
|
0
N/A
|
0.05
N/A
|
0.05
N/A
|
0.11
+120%
|
0.14
+27%
|