Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | -14,815,135.0 | -12,335,647.0 | -11,541,731.0 | -3,560,478.0 | 17.5 | 14.1 | 11.4 |
Revenue growth | 20.1% | 6.9% | 224.2% | -20291227.2% | 24.7% | 23.2% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 5.8 | 3.8 | 3.1 |
Gross profit | -14,815,135.0 | -12,335,647.0 | -11,541,731.0 | -3,560,478.0 | 11.7 | 10.2 | 8.3 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 66.9% | 72.8% | 73.0% |
Selling, general and administrative | | | | | 8.5 | 7.6 | 6.3 |
General and administrative | 49,519.0 | 93,993.0 | 42,617.0 | 46,514.0 | | | |
EBIT | -14,864,654.0 | -12,429,640.0 | -11,584,348.0 | -3,606,992.0 | 3.2 | 2.6 | 2.1 |
EBIT margin | 100.3% | 100.8% | 100.4% | 101.3% | 18.3% | 18.7% | 18.1% |
Pre-tax income | 0.0 | 0.0 | 0.0 | 0.0 | 5.6 | 5.2 | 4.8 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 2.1 | 1.9 | 1.8 |
Tax rate | | | | | 36.9% | 36.0% | 37.6% |
Net income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Net margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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