| 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 | Dec-31-13 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Stamps.com | 695.9 | 519.1 | 566.6 | 468.7 | | | | |
| United States | 691.9 | 518.0 | 564.7 | 468.7 | | | | |
| International | 66.1 | 53.9 | 22.2 | | | | | |
| MetaPack | 62.1 | 52.8 | 20.4 | | | | | |
| Total revenues [+] | 758.0 | 571.9 | 586.9 | 468.7 | 364.3 | 214.0 | 147.3 | 127.8 |
| Products | | | | | | 18.3 | 16.9 | 16.6 |
| Services | | | | | | 176.7 | 115.7 | 99.0 |
| Other | | | | | | 0.0 | 0.0 | 0.0 |
| Revenue growth [+] | 32.5% | -2.6% | 25.2% | 28.7% | 70.3% | 45.3% | 15.2% | 10.5% |
| Stamps.com | 34.1% | -8.4% | 20.9% | | | | | |
| United States | 33.6% | -8.3% | 20.5% | | | | | |
| International | 22.7% | 142.6% | | | | | | |
| MetaPack | 17.6% | 159.3% | | | | | | |
| Cost of goods sold [+] | 178.8 | 155.2 | 126.9 | 79.2 | 63.0 | 43.9 | 32.9 | 27.5 |
| Cost of product sales | | | | | | 6.0 | 5.5 | 5.7 |
| Cost of services | | | | | | 28.0 | 19.7 | 15.4 |
| Gross profit | 579.2 | 416.6 | 460.0 | 389.5 | 301.3 | 170.0 | 114.4 | 100.3 |
| Gross margin | 76.4% | 72.9% | 78.4% | 83.1% | 82.7% | 79.5% | 77.7% | 78.5% |
| Selling, general and administrative [+] | 285.4 | 245.0 | 209.0 | 179.8 | 146.0 | 98.5 | 68.8 | 55.2 |
| Sales and marketing | 166.7 | 134.2 | 112.1 | 91.2 | 78.8 | 56.1 | 43.7 | 39.4 |
| General and administrative | 118.7 | 110.8 | 97.0 | 88.6 | 67.1 | 42.4 | 25.1 | 15.8 |
| Research and development | 95.6 | 78.0 | 56.6 | 46.2 | 35.2 | 20.7 | 13.3 | 11.0 |
| Other operating expenses | | | | | | 46.1 | 8.4 | |
| EBITDA [+] | 224.1 | 121.4 | 218.5 | 184.9 | 139.4 | 12.4 | 28.6 | 36.7 |
| EBITDA growth | 84.6% | -44.4% | 18.1% | 32.7% | 1025.6% | -56.8% | -21.9% | 42.0% |
| EBITDA margin | 29.6% | 21.2% | 37.2% | 39.5% | 38.3% | 5.8% | 19.4% | 28.7% |
| Depreciation | 4.1 | 5.7 | 5.8 | 5.4 | 4.6 | 3.9 | 3.2 | 2.3 |
| EBITA | 220.1 | 115.8 | 212.7 | 179.5 | 134.8 | 8.5 | 25.4 | 34.3 |
| EBITA margin | 29.0% | 20.2% | 36.2% | 38.3% | 37.0% | 4.0% | 17.3% | 26.9% |
| Amortization of intangibles | 21.9 | 22.2 | 18.3 | 16.0 | 14.6 | 3.8 | 1.6 | 0.2 |
| EBIT [+] | 198.2 | 93.6 | 194.4 | 163.5 | 120.2 | 4.7 | 23.8 | 34.1 |
| EBIT growth | 111.8% | -51.9% | 18.9% | 36.0% | 2468.8% | -80.3% | -30.2% | 41.2% |
| EBIT margin | 26.1% | 16.4% | 33.1% | 34.9% | 33.0% | 2.2% | 16.2% | 26.7% |
| Non-recurring items [+] | | | | | | 10.0 | | |
| Legal settlement | | | | | | 10.0 | | |
| Interest expense, net [+] | 1.1 | 2.5 | 2.6 | 3.7 | 3.6 | 0.3 | -0.4 | -0.5 |
| Interest expense | 1.1 | 2.5 | 2.6 | 3.7 | 3.6 | 0.4 | | |
| Interest income | | | | | | 0.1 | 0.4 | 0.5 |
| Other income (expense), net [+] | -0.4 | -0.3 | -0.9 | 0.4 | 0.3 | | | |
| Gain (loss) on foreign currency transactions | -0.5 | -0.5 | -1.0 | | | | | |
| Change in value of contingent liability | | | | | | 46.1 | 8.4 | |
| Pre-tax income | 196.6 | 90.7 | 190.9 | 160.2 | 117.0 | -5.6 | 24.2 | 34.6 |
| Income taxes | 18.0 | 31.5 | 22.3 | 9.6 | 41.7 | -1.4 | -12.7 | -9.6 |
| Tax rate | 9.1% | 34.7% | 11.7% | 6.0% | 35.7% | 24.6% | | |
| Net income | 178.7 | 59.2 | 168.6 | 150.6 | 75.2 | -4.2 | 36.9 | 44.2 |
| Net margin | 23.6% | 10.4% | 28.7% | 32.1% | 20.7% | -2.0% | 25.0% | 34.5% |
| |
| Basic EPS [+] | $10.15 | $3.43 | $9.39 | $8.81 | $4.36 | ($0.26) | $2.30 | $2.81 |
| Growth | 195.8% | -63.5% | 6.7% | 101.9% | -1808.0% | -111.1% | -18.1% | 17.3% |
| Diluted EPS [+] | $9.37 | $3.33 | $8.99 | $8.19 | $4.12 | ($0.26) | $2.25 | $2.71 |
| Growth | 181.6% | -63.0% | 9.7% | 98.7% | -1713.8% | -111.4% | -17.1% | 18.0% |
| |
| |
| Shares outstanding (basic) [+] | 17.6 | 17.3 | 18.0 | 17.1 | 17.2 | 16.4 | 16.0 | 15.7 |
| Growth | 2.0% | -3.9% | 5.0% | -0.8% | 4.9% | 2.7% | 2.0% | -2.4% |
| Shares outstanding (diluted) [+] | 19.1 | 17.8 | 18.8 | 18.4 | 18.3 | 16.4 | 16.4 | 16.3 |
| Growth | 7.1% | -5.2% | 2.0% | 0.7% | 11.0% | 0.1% | 0.7% | -2.9% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |