Infinera Corporation (INFN)

Infinera Income Statement

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

Year Ending	TTM	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020	Dec 28, 2019
Revenue	1,529	1,614	1,573	1,425	1,356	1,299
Revenue Growth (YoY)	-5.99%	2.60%	10.39%	5.13%	4.37%	37.68%
Cost of Revenue	942.52	991.22	1,037	927.23	946.8	972.94
Gross Profit	586.46	622.91	535.78	497.97	408.79	325.92
Selling, General & Admin	294.46	291.81	265.05	254.24	241.84	277.77
Research & Development	313.1	316.88	306.19	299.89	265.63	287.98
Other Operating Expenses	17.25	19.06	24.7	31.32	56.51	110.4
Operating Expenses	624.81	627.75	595.93	585.45	563.99	676.15
Operating Income	-38.36	-4.84	-60.16	-87.48	-155.2	-350.23
Interest Expense / Income	32.44	30.61	26.02	49.1	46.73	31.66
Other Expense / Income	-1.52	-18.04	-30.66	22.21	-1.24	1.77
Pretax Income	-69.27	-17.41	-55.51	-158.79	-200.69	-383.66
Income Tax	8.93	7.81	20.53	11.99	6.04	2.96
Net Income	-78.2	-25.21	-76.04	-170.78	-206.72	-386.62
Shares Outstanding (Basic)	232	227	216	207	188	179
Shares Outstanding (Diluted)	232	227	216	207	188	179
Shares Change	4.11%	4.78%	4.34%	10.18%	5.16%	13.46%
EPS (Basic)	-0.34	-0.11	-0.35	-0.82	-1.10	-2.16
EPS (Diluted)	-0.34	-0.11	-0.35	-0.82	-1.10	-2.16
Free Cash Flow	21.72	-12.8	-83.61	-13.25	-151.31	-197.55
Free Cash Flow Per Share	0.09	-0.06	-0.39	-0.06	-0.80	-1.10
Gross Margin	38.36%	38.59%	34.06%	34.94%	30.16%	25.09%
Operating Margin	-2.51%	-0.30%	-3.82%	-6.14%	-11.45%	-26.96%
Profit Margin	-5.11%	-1.56%	-4.83%	-11.98%	-15.25%	-29.77%
Free Cash Flow Margin	1.42%	-0.79%	-5.31%	-0.93%	-11.16%	-15.21%
EBITDA	37.79	91.99	54.33	-26.11	-53.82	-232.17
EBITDA Margin	2.47%	5.70%	3.45%	-1.83%	-3.97%	-17.88%
Depreciation & Amortization	74.63	78.78	83.83	83.58	100.14	119.82
EBIT	-36.83	13.2	-29.5	-109.69	-153.96	-352
EBIT Margin	-2.41%	0.82%	-1.87%	-7.70%	-11.36%	-27.10%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).