Instructure Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2019	2018
Revenue	530.21	475.19	405.36	258.47	209.54
Revenue Growth (YoY)	11.58%	17.23%	56.83%	23.35%	-
Cost of Revenue	186.32	172.29	169.87	82.83	61.84
Gross Profit	343.9	302.9	235.5	175.65	147.7
Selling, General & Admin	258.95	242.19	217.46	178.11	133.08
Research & Development	88.16	77.19	63.77	83.53	59.39
Other Operating Expenses	0	0	1.22	0	0
Operating Expenses	347.11	319.38	282.44	261.64	192.47
Operating Income	-3.22	-16.48	-46.95	-85.99	-44.77
Interest Expense / Income	42.02	24.6	50.36	0.02	0.07
Other Expense / Income	-6.91	1.3	25.09	-1.57	-1.72
Pretax Income	-38.34	-42.37	-122.4	-84.44	-43.13
Income Tax	-4.26	-8.13	-33.72	-3.62	0.34
Net Income	-34.08	-34.24	-88.68	-80.82	-43.47
Shares Outstanding (Basic)	144	142	132	37	34
Shares Outstanding (Diluted)	144	142	132	37	34
Shares Change	1.52%	7.12%	258.85%	7.72%	-
EPS (Basic)	-0.24	-0.24	-0.67	-2.19	-1.27
EPS (Diluted)	-0.24	-0.24	-0.67	-2.19	-1.27
Free Cash Flow	158.13	133.99	100.94	8.72	-10.95
Free Cash Flow Per Share	1.10	0.94	0.76	0.24	-0.32
Gross Margin	64.86%	63.74%	58.10%	67.96%	70.49%
Operating Margin	-0.61%	-3.47%	-11.58%	-33.27%	-21.37%
Profit Margin	-6.43%	-7.21%	-21.88%	-31.27%	-20.74%
Free Cash Flow Margin	29.82%	28.20%	24.90%	3.37%	-5.22%
EBITDA	151.44	123.43	65.68	-64.45	-31.52
EBITDA Margin	28.56%	25.97%	16.20%	-24.93%	-15.04%
Depreciation & Amortization	147.75	141.21	137.72	19.98	11.54
EBIT	3.69	-17.78	-72.04	-84.42	-43.06
EBIT Margin	0.70%	-3.74%	-17.77%	-32.66%	-20.55%

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).