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STAMPS.COM INC (STMP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:          
Revenues  758.0571.9586.9468.7364.3214.0147.3127.8
            Revenues growth  32.5%-2.6%25.2%28.7%70.3%45.3%15.2%10.5%
Cost of revenues (exclusive of amortization of intangible assets, which is included in general and administrative expense):          
    Gross profit  579.2416.6460.0389.5301.3170.0114.4100.3
            Gross margin  76.4%72.9%78.4%83.1%82.7%79.5%77.7%78.5%
   
Operating expenses:          
Sales and marketing  166.7134.2112.191.278.856.143.739.4
Research and development  95.678.056.646.235.220.713.311.0
General and administrative  118.7110.897.088.667.142.425.115.8
    Total operating expenses  381.0323.1265.6226.0181.1175.390.666.2
    Income (loss) from operations  198.293.6194.4163.5120.2-5.323.834.1
            Operating margin  26.1%16.4%33.1%34.9%33.0%-2.5%16.2%26.7%
Foreign currency exchange gain (loss), net  -0.5-0.5-1.0     
Interest expense  -1.1-2.5-2.6-3.7-3.6-0.4  
Interest income and other income (loss), net  0.10.20.10.40.30.10.40.5
    Income (loss) before income taxes   196.690.7190.9160.2117.0-5.624.234.6
Income tax (benefit) expense  18.031.522.39.641.7-1.4-12.7-9.6
    Net income (loss)  178.759.2168.6150.675.2-4.236.944.2
   
Net income (loss) per share:          
Basic (in dollars per share)  $10.15$3.43$9.39$8.81$4.36($0.26)$2.30$2.81
Diluted (in dollars per share)  $9.37$3.33$8.99$8.19$4.12($0.26)$2.25$2.71
   
Weighted average shares outstanding:          
Basic (in shares)  17.617.318.017.117.216.416.015.7
Diluted (in shares)  19.117.818.818.418.316.416.416.3

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