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Income Statement
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Common Size IS
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Ping Identity Holding Corp. (PING)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
   10-K10-K10-K10-K10-K
Revenue:       
Total revenue  299.4243.6242.9201.6172.5
            Total revenue growth  22.9%0.3%20.5%16.8% 
Cost of revenue:       
Cost of revenue (exclusive of amortization shown below)       
Amortization expense  26.920.316.314.412.6
    Total cost of revenue  94.968.255.744.635.8
    Gross profit  204.6175.4187.2157.0136.7
            Gross margin  68.3%72.0%77.1%77.9%79.2%
   
Operating expenses:       
Sales and marketing  117.588.978.960.149.5
Research and development  78.548.946.036.226.2
General and administrative  71.647.238.328.420.2
Depreciation and amortization  17.417.016.616.316.5
    Total operating expenses  283.6202.0179.8141.1112.4
    Loss from operations  -79.0-26.77.415.924.3
            Operating margin  -26.4%-10.9%3.0%7.9%14.1%
   
Other income (expense):       
Interest expense  -3.0-2.4-12.9-15.8-19.3
Other income (expense), net  -1.12.90.4-0.30.8
    Total other income (expense)  -4.30.5-17.1-26.0-18.5
    Loss before income taxes  -83.3-26.1-9.7-10.15.8
Benefit (provision) for income taxes  18.914.38.2-3.413.2
    Net loss  -64.4-11.9-1.5-13.419.0
   
Net loss per share:       
Basic (in dollars per share)  ($0.78)($0.15)($0.02)($0.21)$0.29
Diluted (in dollars per share)  ($0.78)($0.15)($0.02)($0.21)$0.29
   
Weighted-average shares used in computing net loss per share:       
Basic (in shares)  82.380.468.965.065.0
Diluted (in shares)  82.380.468.965.065.0

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