FVRR Stock Income Statements
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Quarterly Income Statements
Quarterly
|
Annual
| Unit: USD | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 91,502,000 | 92,532,000 | 89,385,000 | 87,956,000 | 83,130,000 | 82,541,000 | 85,010,000 | 86,685,000 | 79,755,000 | 74,324,000 | 75,263,000 | 68,320,000 | 55,885,000 | 52,345,000 | 47,130,000 | 34,150,000 | 29,531,000 | 27,867,000 | 25,912,000 |
| cost of revenue | 16,050,999 | 15,075,000 | 15,632,000 | 15,666,000 | 15,814,000 | 15,631,000 | 17,526,000 | 16,977,000 | 15,213,000 | 12,436,000 | 12,528,000 | 11,546,000 | 9,703,000 | 8,708,000 | 7,957,000 | 6,820,000 | 6,120,000 | 5,863,000 | 5,305,000 |
| gross profit | 75,451,001 | 77,457,000 | 73,753,000 | 72,290,000 | 67,316,000 | 66,910,000 | 67,484,000 | 69,708,000 | 64,542,000 | 61,888,000 | 62,735,000 | 56,774,000 | 46,182,000 | 43,637,000 | 39,173,000 | 27,330,000 | 23,411,000 | 22,004,000 | 20,607,000 |
| operating expenses | |||||||||||||||||||
| research and development | 21,863,000 | 23,490,000 | 23,289,000 | 21,887,000 | 21,328,000 | 22,938,000 | 24,523,000 | 23,774,000 | 21,829,000 | 20,490,000 | 20,106,000 | 16,873,000 | 13,570,000 | 11,642,000 | 10,533,000 | 9,974,000 | 9,322,000 | 9,088,000 | 8,457,000 |
| sales and marketing | 39,767,000 | 40,521,000 | 38,870,000 | 42,050,000 | 40,448,000 | 41,959,000 | 44,325,000 | 47,867,000 | 40,244,000 | 38,298,000 | 38,184,000 | 42,639,000 | 27,403,000 | 25,548,000 | 23,207,000 | 18,221,000 | 15,663,000 | 15,859,000 | 15,852,000 |
| general and administrative | |||||||||||||||||||
| total operating expenses | 15,816,000 | 15,791,000 | 15,604,000 | 15,499,000 | 7,762,000 | 14,489,000 | 13,658,000 | 15,252,000 | 16,345,000 | 12,395,000 | 12,789,000 | 11,087,000 | 8,983,000 | 7,430,000 | 6,031,000 | 5,590,000 | 6,495,000 | 5,894,000 | 5,621,000 |
| operating income | 77,059,000 | 79,802,000 | 77,763,000 | 79,436,000 | 69,538,000 | 79,386,000 | 82,506,000 | 86,893,000 | 78,418,000 | 71,183,000 | 71,079,000 | 70,599,000 | 49,956,000 | 44,620,000 | 39,771,000 | 33,785,000 | 31,480,000 | 30,841,000 | 29,930,000 |
| net income | -1,608,000 | -2,345,000 | -4,010,000 | -7,146,000 | -2,222,000 | -12,476,000 | 12,607,000 | -17,185,000 | -13,876,000 | -9,295,000 | -8,344,000 | -13,825,000 | -3,774,000 | -983,000 | -598,000 | -6,455,000 | -8,069,000 | -8,837,000 | -9,323,000 |