Black Knight, Inc. (BKI) Financial Statements (2025 and earlier)
Company Profile
Business Address |
601 RIVERSIDE AVENUE JACKSONVILLE, FL 32204 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 12 | 77 | 35 | 15 | 20 | 14 | |||
Cash and cash equivalent | 12 | 77 | 35 | 15 | 20 | 14 | |||
Short-term investments | |||||||||
Receivables | 206 | 199 | 182 | 175 | 179 | 220 | |||
Prepaid expense | 83 | 45 | 40 | 37 | 44 | 36 | |||
Contract with customer, asset, after allowance for credit loss | 25 | 23 | 21 | 20 | ✕ | ||||
Disposal group, including discontinued operation | 6 | ||||||||
Other current assets | 12 | 9 | 10 | 8 | 9 | 9 | |||
Other undisclosed current assets | 15 | 2 | |||||||
Total current assets: | 344 | 352 | 287 | 256 | 266 | 281 | |||
Noncurrent Assets | |||||||||
Finance lease, right-of-use asset, after accumulated amortization | 14 | ✕ | ✕ | ||||||
Property, plant and equipment | 143 | 155 | 163 | 177 | 177 | 180 | |||
Long-term investments and receivables | 171 | 491 | 471 | 295 | |||||
Long-term investments | 171 | 491 | 471 | 295 | |||||
Accounts and financing receivable, after allowance for credit loss | |||||||||
Intangible assets, net (including goodwill) | 4,218 | 4,431 | 4,306 | 2,511 | 2,518 | 2,538 | |||
Goodwill | 3,748 | 3,817 | 3,613 | 2,361 | 2,330 | 2,307 | |||
Intangible assets, net (excluding goodwill) | 470 | 613 | 692 | 150 | 188 | 232 | |||
Disposal group, including discontinued operation, noncurrent assets | 74 | ||||||||
Deferred income tax assets | ✕ | ✕ | |||||||
Other noncurrent assets | 246 | 230 | 193 | 159 | 287 | 240 | |||
Other undisclosed noncurrent assets | 636 | 693 | 671 | 552 | 406 | 417 | |||
Total noncurrent assets: | 5,488 | 5,999 | 5,803 | 3,707 | 3,387 | 3,375 | |||
TOTAL ASSETS: | 5,832 | 6,351 | 6,091 | 3,963 | 3,653 | 3,656 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 160 | 153 | 154 | 66 | 66 | 52 | |||
Interest and dividends payable | ✕ | 13 | 12 | 13 | |||||
Taxes payable | ✕ | 28 | 17 | 24 | |||||
Employee-related liabilities | ✕ | 83 | 91 | 79 | 66 | 66 | 52 | ||
Accounts payable | 11 | 8 | 9 | ||||||
Accrued liabilities | 26 | 25 | 29 | ||||||
Deferred revenue | 60 | 65 | 51 | 51 | ✕ | ✕ | |||
Debt | 34 | 33 | 73 | 91 | 53 | 55 | |||
Deferred compensation liability | 1 | 1 | 1 | 1 | |||||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 53 | 60 | ||
Other undisclosed current liabilities | 17 | 15 | 13 | 52 | 67 | 64 | |||
Total current liabilities: | 271 | 265 | 291 | 261 | 239 | 232 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 2,622 | 2,363 | 2,122 | 1,465 | 1,284 | 1,379 | |||
Long-term debt, excluding current maturities | 2,622 | 2,363 | 2,122 | 1,465 | 1,284 | 1,379 | |||
Liabilities, other than long-term debt | 318 | 444 | 472 | 338 | 134 | 123 | |||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 107 | 101 | ||
Deferred revenue | 42 | 82 | 93 | 98 | ✕ | ✕ | |||
Deferred compensation liability, classified | 11 | 11 | |||||||
Deferred income tax liabilities | 228 | 284 | 284 | 185 | ✕ | ✕ | |||
Other liabilities | 48 | 79 | 95 | 55 | 16 | 11 | |||
Other undisclosed noncurrent liabilities | 210 | 214 | |||||||
Total noncurrent liabilities: | 2,940 | 2,807 | 2,594 | 1,804 | 1,628 | 1,716 | |||
Total liabilities: | 3,211 | 3,072 | 2,885 | 2,064 | 1,867 | 1,947 | |||
Temporary equity, including noncontrolling interest | 48 | 1,189 | 578 | ||||||
Equity | |||||||||
Equity, attributable to parent | 2,573 | 2,090 | 2,628 | 1,899 | 1,787 | 1,709 | |||
Treasury stock, value | (236) | (271) | (145) | (159) | (181) | (90) | |||
Additional paid in capital | 1,398 | 1,411 | 2,054 | 1,587 | 1,586 | 1,594 | |||
Accumulated other comprehensive income (loss) | (6) | (18) | (39) | (20) | 0 | 4 | |||
Retained earnings | 1,417 | 968 | 757 | 491 | 381 | 201 | |||
Other undisclosed equity | |||||||||
Total equity: | 2,573 | 2,090 | 2,628 | 1,899 | 1,787 | 1,709 | |||
TOTAL LIABILITIES AND EQUITY: | 5,832 | 6,351 | 6,091 | 3,963 | 3,653 | 3,656 |
Income Statement (P&L) ($ in millions)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 1,552 | 1,475 | 1,239 | 1,177 | 1,114 | 1,052 | ||
Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 58 | 1,052 | |
Gross profit: | 1,552 | 1,475 | 1,239 | 1,177 | 1,114 | 1,052 | ||
Operating expenses | (1,274) | (1,172) | (972) | (888) | (849) | (789) | ||
Operating income: | 278 | 303 | 267 | 290 | 265 | 263 | ||
Nonoperating income (expense) | (113) | (90) | 16 | (1) | (7) | (13) | ||
Other nonoperating income (expense) | (12) | (6) | 16 | (1) | (7) | (13) | ||
Interest and debt expense | (3) | (0) | (6) | (13) | ||||
Income from continuing operations before equity method investments, income taxes: | 166 | 210 | 283 | 288 | 252 | 237 | ||
Income from equity method investments | 3 | |||||||
Other undisclosed loss from continuing operations before income taxes | (63) | (64) | (46) | (45) | ||||
Income from continuing operations before income taxes: | 166 | 213 | 220 | 225 | 206 | 192 | ||
Income tax expense (benefit) | (22) | (36) | (42) | (42) | (38) | 62 | ||
Income from continuing operations: | 143 | 177 | 179 | 183 | 169 | 254 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | 177 | 179 | 183 | 169 | 254 | |
Loss from discontinued operations | ||||||||
Other undisclosed net income (loss) | 307 | 3 | 67 | (74) | ||||
Net income (loss): | 450 | 180 | 246 | 109 | 169 | 254 | ||
Net income (loss) attributable to noncontrolling interest | 3 | 28 | 18 | (72) | ||||
Net income (loss) available to common stockholders, basic: | 453 | 208 | 264 | 109 | 169 | 182 | ||
Other undisclosed net income available to common stockholders, diluted | 42 | |||||||
Net income (loss) available to common stockholders, diluted: | 453 | 208 | 264 | 109 | 169 | 225 |
Comprehensive Income ($ in millions)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 450 | 180 | 246 | 109 | 169 | 254 | ||
Other comprehensive income (loss) | 11 | 21 | (19) | (22) | (4) | 4 | ||
Other undisclosed comprehensive income | 2 | |||||||
Comprehensive income (loss): | 461 | 201 | 227 | 87 | 165 | 261 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 3 | 28 | 18 | (74) | ||||
Comprehensive income (loss), net of tax, attributable to parent: | 464 | 229 | 246 | 87 | 165 | 186 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.