Instructure Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 27, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	6,148	6,232	6,065	5,826	5,255	4,634
Revenue Growth (YoY)	-0.12%	2.74%	4.11%	10.87%	13.38%	1.54%
Cost of Revenue	2,473	2,501	2,471	2,462	2,248	2,018
Gross Profit	3,675	3,731	3,594	3,363	3,007	2,617
Selling, General & Admin	2,222	2,174	2,066	1,956	1,842	1,732
Research & Development	423.1	414	397.8	401.5	354.8	320.7
Operating Expenses	2,645	2,588	2,463	2,358	2,197	2,053
Operating Income	1,030	1,143	1,131	1,006	810.6	563.8
Interest Expense	-134.2	-152.8	-123.5	-98.3	-103.2	-148.5
Other Non Operating Income (Expenses)	-23.3	-58	-16.5	-8.4	-11.9	-
EBT Excluding Unusual Items	872.9	932.1	990.8	899	695.5	415.3
Merger & Restructuring Charges	27.4	-	-	-17.9	-	-26.8
Gain (Loss) on Sale of Investments	-	-	-	-8.1	57	1,119
Gain (Loss) on Sale of Assets	-	37.5	-	0.5	-	-
Legal Settlements	-	-	-	-	29.9	-
Other Unusual Items	-	-	-	-	-104.9	-
Pretax Income	900.3	969.6	990.8	873.5	677.5	1,508
Income Tax Expense	131.4	136.7	125	118.3	63.3	55.5
Earnings From Continuing Operations	768.9	832.9	865.8	755.2	614.2	1,452
Earnings From Discontinued Operations	-	-	-	-	-5.8	161.1
Net Income	768.9	832.9	865.8	755.2	608.4	1,613
Preferred Dividends & Other Adjustments	-	-	-	-	34.5	69
Net Income to Common	768.9	832.9	865.8	755.2	573.9	1,544
Net Income Growth	-13.19%	-3.80%	14.64%	24.13%	-62.29%	118.34%
Shares Outstanding (Basic)	344	349	353	356	349	337
Shares Outstanding (Diluted)	347	353	356	361	352	359
Shares Change (YoY)	-2.42%	-0.79%	-1.44%	2.41%	-1.87%	5.59%
EPS (Basic)	2.24	2.39	2.46	2.12	1.64	4.58
EPS (Diluted)	2.22	2.36	2.43	2.10	1.63	4.49
EPS Growth	-10.72%	-2.88%	15.82%	28.44%	-63.65%	127.57%
Free Cash Flow	1,386	1,406	1,246	1,207	911.1	1,361
Free Cash Flow Per Share	4.00	3.99	3.50	3.35	2.59	3.79
Dividend Per Share	0.240	0.320	0.290	0.280	0.280	0.280
Dividend Growth	-22.58%	10.35%	3.57%	-	-	-
Gross Margin	59.78%	59.87%	59.26%	57.73%	57.23%	56.46%
Operating Margin	16.76%	18.34%	18.64%	17.26%	15.43%	12.17%
Profit Margin	12.51%	13.36%	14.27%	12.96%	10.92%	33.32%
Free Cash Flow Margin	22.54%	22.57%	20.54%	20.72%	17.34%	29.37%
EBITDA	1,574	1,687	1,588	1,471	1,206	947.8
EBITDA Margin	25.60%	27.07%	26.17%	25.25%	22.95%	20.45%
D&A For EBITDA	543.3	543.9	456.8	465.6	395.5	384
EBIT	1,030	1,143	1,131	1,006	810.6	563.8
EBIT Margin	16.76%	18.34%	18.64%	17.26%	15.43%	12.17%
Effective Tax Rate	14.59%	14.10%	12.62%	13.54%	9.34%	3.68%
Revenue as Reported	6,148	6,232	6,065	5,826	5,255	4,634

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q