Mellanox Technologies, Ltd. (MLNX) Financial Statements (2024 and earlier)
Company Profile
Business Address |
350 OAKMEAD PARKWAY, SUITE 100 SUNNYVALE, CA 94085 |
State of Incorp. | |
Fiscal Year End | December 31 |
Industry (SIC) | 3674 - Semiconductors and Related Devices (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments, including: | 740,708 | 608,996 | 552,157 | 438,866 | 350,759 | 283,337 | |||
Cash and cash equivalents | 52,638 | 53,782 | 75,352 | 56,766 | 64,248 | 63,422 | |||
Short-term investments | 689,823 | 556,806 | 477,211 | 381,724 | 285,955 | 219,225 | |||
Other undisclosed cash, cash equivalents, and short-term investments | (1,753) | (1,592) | (406) | 376 | 556 | 690 | |||
Receivables | 202,561 | 200,351 | 171,718 | 150,625 | 142,772 | 155,664 | |||
Inventory, net of allowances, customer advances and progress billings | 84,927 | 89,650 | 95,656 | 104,381 | 105,049 | 94,484 | |||
Inventory | 84,927 | 89,650 | 95,656 | 104,381 | 105,049 | 94,484 | |||
Other undisclosed current assets | 21,453 | 22,487 | 23,726 | 16,566 | 14,119 | 11,317 | |||
Total current assets: | 1,049,649 | 921,484 | 843,257 | 710,438 | 612,699 | 544,802 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 59,964 | 62,376 | ✕ | ✕ | ✕ | ||||
Property, plant and equipment | 112,860 | 108,142 | 107,509 | 105,334 | 105,007 | 106,746 | |||
Long-term investments and receivables | 35,567 | 35,496 | 30,807 | 40,300 | 36,755 | 35,255 | |||
Long-term investments | 35,567 | 35,496 | 30,807 | 40,300 | 36,755 | 35,255 | |||
Intangible assets, net (including goodwill) | 630,480 | 632,962 | 640,602 | 653,244 | 668,456 | 682,366 | |||
Goodwill | 473,916 | 473,916 | 473,916 | 473,916 | 473,916 | 473,916 | |||
Intangible assets, net (excluding goodwill) | 156,564 | 159,046 | 166,686 | 179,328 | 194,540 | 208,450 | |||
Restricted cash and investments | 7,940 | 7,884 | 7,942 | 7,931 | |||||
Deferred income tax assets | 50,660 | 50,660 | ✕ | ✕ | ✕ | ||||
Other noncurrent assets | 5,178 | 5,560 | 6,198 | 2,295 | 2,602 | 2,910 | |||
Other undisclosed noncurrent assets | 5,587 | 5,428 | 121,460 | 67,703 | 70,316 | 69,759 | |||
Total noncurrent assets: | 900,296 | 900,624 | 914,516 | 876,760 | 891,078 | 904,967 | |||
TOTAL ASSETS: | 1,949,945 | 1,822,108 | 1,757,773 | 1,587,198 | 1,503,777 | 1,449,769 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 243,868 | 216,036 | 209,250 | 192,214 | 173,348 | 195,929 | |||
Accounts payable | 84,147 | 73,790 | 63,349 | 70,336 | 72,922 | 71,137 | |||
Accrued liabilities | 159,721 | 142,246 | 145,901 | 121,878 | 100,426 | 124,792 | |||
Deferred revenue | 23,325 | 22,998 | ✕ | ✕ | ✕ | ||||
Contract with customer, liability | ✕ | ✕ | ✕ | 22,840 | 20,558 | 20,326 | 20,719 | ||
Other undisclosed current liabilities | 17,730 | ||||||||
Total current liabilities: | 267,193 | 239,034 | 249,820 | 212,772 | 193,674 | 216,648 | |||
Noncurrent Liabilities | |||||||||
Liabilities, other than long-term debt | 130,484 | 120,317 | 53,556 | 51,418 | 53,780 | 50,081 | |||
Accounts payable and accrued liabilities | 318 | 285 | 183 | 173 | |||||
Deferred revenue | 22,257 | 20,224 | ✕ | ✕ | ✕ | ||||
Contract with customer, liability | ✕ | ✕ | ✕ | 19,565 | 18,665 | 17,829 | 17,791 | ||
Other liabilities | 108,227 | 100,093 | 33,673 | 32,468 | 35,768 | 32,117 | |||
Other undisclosed noncurrent liabilities | 59,487 | 21,360 | 22,420 | 21,291 | |||||
Total noncurrent liabilities: | 130,484 | 120,317 | 113,043 | 72,778 | 76,200 | 71,372 | |||
Total liabilities: | 397,677 | 359,351 | 362,863 | 285,550 | 269,874 | 288,020 | |||
Equity | |||||||||
Equity, attributable to parent | 1,552,268 | 1,462,757 | 1,394,910 | 1,301,648 | 1,233,903 | 1,161,749 | |||
Common stock | 240 | 237 | 236 | 233 | 232 | 229 | |||
Additional paid in capital | 1,096,744 | 1,051,985 | 1,023,943 | 982,677 | 956,281 | 923,202 | |||
Accumulated other comprehensive income (loss) | 2,964 | 2,394 | 2,322 | (1,051) | (167) | (2,182) | |||
Retained earnings | 452,320 | 408,141 | 368,409 | 319,789 | 277,557 | 240,500 | |||
Total equity: | 1,552,268 | 1,462,757 | 1,394,910 | 1,301,648 | 1,233,903 | 1,161,749 | |||
TOTAL LIABILITIES AND EQUITY: | 1,949,945 | 1,822,108 | 1,757,773 | 1,587,198 | 1,503,777 | 1,449,769 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 335,251 | 310,324 | 305,217 | 290,070 | 279,211 | 268,462 | ||
Cost of revenue | (117,717) | (110,034) | (108,086) | (100,345) | (95,562) | (103,668) | ||
Gross profit: | 217,534 | 200,290 | 197,131 | 189,725 | 183,649 | 164,794 | ||
Operating expenses | (168,672) | (158,105) | (152,476) | (145,723) | (144,116) | (148,234) | ||
Operating income: | 48,862 | 42,185 | 44,655 | 44,002 | 39,533 | 16,560 | ||
Nonoperating income (expense) | 1,716 | 2,268 | 8,231 | (38) | 1,046 | (338) | ||
Other nonoperating income | 1,716 | 2,268 | 8,245 | 39 | 1,112 | 533 | ||
Interest and debt expense | (29) | (77) | (14) | (77) | (66) | (871) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 29 | 77 | 14 | 77 | 66 | 871 | ||
Income from continuing operations before income taxes: | 50,578 | 44,453 | 52,886 | 43,964 | 40,579 | 16,222 | ||
Income tax expense (benefit) | (6,399) | (6,024) | (4,266) | (1,132) | (3,522) | 304 | ||
Income from continuing operations: | 44,179 | 38,429 | 48,620 | 42,832 | 37,057 | 16,526 | ||
Income before gain (loss) on sale of properties: | 44,179 | 38,429 | 48,620 | 42,832 | 37,057 | 16,526 | ||
Net income available to common stockholders, basic: | 44,179 | 38,429 | 48,620 | 42,832 | 37,057 | 16,526 | ||
Dilutive securities, effect on basic earnings per share | 1,380 | 1,851 | ||||||
Other undisclosed net loss available to common stockholders, diluted | (1,823) | |||||||
Net income available to common stockholders, diluted: | 44,179 | 38,429 | 48,620 | 41,009 | 38,437 | 18,377 |
Comprehensive Income ($ in thousands)Annual | Quarterly
12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | ||
---|---|---|---|---|---|---|---|---|
Net income: | 44,179 | 38,429 | 48,620 | 42,832 | 37,057 | 16,526 | ||
Comprehensive income: | 44,179 | 38,429 | 48,620 | 42,832 | 37,057 | 16,526 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 570 | 1,375 | 3,373 | (884) | 2,015 | (2,169) | ||
Comprehensive income, net of tax, attributable to parent: | 44,749 | 39,804 | 51,993 | 41,948 | 39,072 | 14,357 |
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.