AVID
Income statement / Annual
Last year (2022), Avid Technology, Inc.'s total revenue was $417.41 M,
an increase of 1.82% from the previous year.
In 2022, Avid Technology, Inc.'s net income was $55.24 M.
See Avid Technology, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
FY-2013
|
| Period Ended |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
12/31/2013 |
| Operating Revenue |
$417.41 M
|
$409.94 M
|
$360.47 M
|
$411.79 M
|
$413.28 M
|
$419.00 M
|
$511.93 M
|
$505.60 M
|
$530.25 M
|
$563.41 M
|
| Cost of Revenue |
$142.98 M |
$144.14 M |
$132.15 M |
$162.71 M |
$174.12 M |
$176.89 M |
$179.21 M |
$197.45 M |
$204.47 M |
$223.91 M |
| Gross Profit |
$274.44 M |
$265.80 M |
$228.32 M |
$249.08 M |
$239.16 M |
$242.12 M |
$332.72 M |
$308.15 M |
$325.78 M |
$339.50 M |
| Gross Profit Ratio |
0.66 |
0.65 |
0.63 |
0.6 |
0.58 |
0.58 |
0.65 |
0.61 |
0.61 |
0.6 |
| Research and Development
Expenses |
$66.90 M
|
$65.56 M
|
$57.02 M
|
$62.34 M
|
$62.38 M
|
$68.21 M
|
$81.56 M
|
$95.90 M
|
$90.39 M
|
$95.25 M
|
| General & Administrative
Expenses |
$57.19 M
|
$57.37 M
|
$47.05 M
|
$53.36 M
|
$55.23 M
|
$53.89 M
|
$61.47 M
|
$74.11 M
|
$81.18 M
|
$77.58 M
|
| Selling & Marketing
Expenses |
$95.98 M
|
$95.49 M
|
$87.64 M
|
$99.94 M
|
$101.27 M
|
$106.26 M
|
$110.34 M
|
$122.51 M
|
$133.05 M
|
$133.89 M
|
| Selling, General &
Administrative Expenses |
$153.17 M
|
$152.87 M
|
$134.69 M
|
$153.31 M
|
$156.50 M
|
$160.15 M
|
$171.81 M
|
$196.62 M
|
$214.23 M
|
$211.47 M
|
| Other Expenses |
$832,000.00 |
$4.84 M |
$868,000.00 |
$694,000.00 |
$192,000.00 |
$761,000.00 |
$232,000.00 |
-$175,000.00 |
-$1.14 M |
$343,000.00 |
| Operating Expenses |
$220.07 M |
$218.43 M |
$191.71 M |
$216.34 M |
$220.33 M |
$229.81 M |
$255.87 M |
$294.87 M |
$306.25 M |
$309.37 M |
| Cost And Expenses |
$363.05 M |
$362.57 M |
$323.85 M |
$379.06 M |
$394.45 M |
$406.70 M |
$435.08 M |
$492.32 M |
$510.72 M |
$533.27 M |
| Interest Income |
$45,000.00 |
$6,000.00 |
$70,000.00 |
$36,000.00 |
$195,000.00 |
$535,000.00 |
$0.00 |
$113,000.00 |
$126,000.00 |
$555,000.00 |
| Interest Expense |
$9.35 M |
$7.15 M |
$19.13 M |
$29.58 M |
$23.09 M |
$18.67 M |
$18.67 M |
$6.41 M |
$2.78 M |
$1.57 M |
| Depreciation &
Amortization |
$9.67 M
|
$14.21 M
|
$13.55 M
|
$14.26 M
|
$21.14 M
|
$22.34 M
|
$25.48 M
|
$20.09 M
|
$17.95 M
|
$22.77 M
|
| EBITDA |
$63.52 M
|
$60.47 M
|
$31.57 M
|
$32.10 M
|
$13.68 M
|
$21.64 M
|
$64.02 M
|
$33.37 M
|
$19.70 M
|
$53.80 M
|
| EBITDA Ratio |
0.15 |
0.15 |
0.13 |
0.11 |
0.1 |
0.08 |
0.2 |
0.07 |
0.07 |
0.1 |
| Operating Income Ratio
|
0.13
|
0.11
|
0.09
|
0.08
|
0.03
|
0.01
|
0.13
|
0.01
|
0.04
|
0.04
|
| Total Other
Income/Expenses Net |
-$8.52 M
|
-$2.31 M
|
-$19.13 M
|
-$29.58 M
|
-$23.09 M
|
-$18.67 M
|
-$18.67 M
|
-$6.41 M
|
-$2.78 M
|
-$676,000.00
|
| Income Before Tax |
$45.34 M |
$43.96 M |
$12.43 M |
$2.53 M |
-$9.40 M |
-$13.42 M |
$45.34 M |
$565,000.00 |
$16.92 M |
$24.09 M |
| Income Before Tax Ratio
|
0.11
|
0.11
|
0.03
|
0.01
|
-0.02
|
-0.03
|
0.09
|
0
|
0.03
|
0.04
|
| Income Tax Expense |
-$9.90 M |
$2.57 M |
$1.37 M |
-$5.08 M |
$1.27 M |
$133,000.00 |
-$2.88 M |
-$1.92 M |
$2.19 M |
$2.94 M |
| Net Income |
$55.24 M |
$41.39 M |
$11.06 M |
$7.60 M |
-$10.67 M |
-$13.56 M |
$48.22 M |
$2.48 M |
$14.73 M |
$21.15 M |
| Net Income Ratio |
0.13 |
0.1 |
0.03 |
0.02 |
-0.03 |
-0.03 |
0.09 |
0 |
0.03 |
0.04 |
| EPS |
1.24 |
0.92 |
0.25 |
0.18 |
-0.26 |
-0.33 |
1.2 |
0.06 |
0.38 |
0.54 |
| EPS Diluted |
1.23 |
0.89 |
0.25 |
0.17 |
-0.26 |
-0.33 |
1.2 |
0.06 |
0.38 |
0.54 |
| Weighted Average Shares
Out |
$44.53 M
|
$45.10 M
|
$43.82 M
|
$42.65 M
|
$41.05 M
|
$41.02 M
|
$40.02 M
|
$39.42 M
|
$39.15 M
|
$39.04 M
|
| Weighted Average Shares
Out Diluted |
$44.86 M
|
$46.30 M
|
$44.88 M
|
$43.50 M
|
$41.66 M
|
$41.02 M
|
$40.18 M
|
$40.38 M
|
$39.27 M
|
$39.07 M
|
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