Nuance Communications, Inc. (NUAN) financial statements (2021 and earlier)
Company profile
| Business Address |
1 WAYSIDE ROAD BURLINGTON, MA 01803 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 TTM | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 299 | 301 | 561 | 452 | 844 | 580 | 537 | ||
| Cash and cash equivalents | 299 | 301 | 561 | 316 | 592 | 482 | 479 | ||
| Short-term investments | 136 | 252 | 99 | 57 | |||||
| Receivables | 216 | 201 | 309 | 379 | 395 | 380 | 373 | ||
| Inventory, net of allowances, customer advances and progress billings | 8 | 6 | 12 | 9 | |||||
| Inventory | 8 | 6 | 12 | 9 | |||||
| Contract with customer, asset | 48 | 49 | 68 | ✕ | ✕ | ✕ | |||
| Capitalized contract cost | 27 | 23 | 21 | ✕ | ✕ | ✕ | |||
| Deferred costs | 19 | 19 | 26 | ||||||
| Disposal group, including discontinued operation | 36 | ||||||||
| Other undisclosed current assets | 138 | 144 | 271 | 91 | 82 | 66 | 125 | ||
| Total current assets: | 784 | 736 | 1,255 | 929 | 1,328 | 1,039 | 1,044 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 101 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 139 | 143 | 141 | 156 | 177 | 185 | 186 | ||
| Long-term investments and receivables | 17 | 22 | 30 | 28 | 32 | ||||
| Long-term investments | 17 | 22 | 30 | 28 | 32 | ||||
| Intangible assets, net (including goodwill) | 2,285 | 2,347 | 3,600 | 4,054 | 4,255 | 4,271 | 4,175 | ||
| Goodwill | 2,131 | 2,134 | 3,243 | 3,504 | 3,591 | 3,509 | 3,378 | ||
| Intangible assets, net (excluding goodwill) | 153 | 213 | 357 | 550 | 664 | 762 | 796 | ||
| Disposal group, including discontinued operation, noncurrent assets | 77 | ||||||||
| Other noncurrent assets | 262 | 256 | 352 | 142 | 143 | 139 | 149 | ||
| Other undisclosed noncurrent assets | 110 | ||||||||
| Total noncurrent assets: | 2,863 | 2,857 | 4,111 | 4,374 | 4,604 | 4,623 | 4,541 | ||
| TOTAL ASSETS: | 3,648 | 3,593 | 5,366 | 5,302 | 5,932 | 5,661 | 5,585 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 239 | 288 | 382 | 366 | 341 | 332 | 441 | ||
| Accounts payable | 81 | 75 | 105 | 85 | 95 | 95 | 57 | ||
| Accrued liabilities | 158 | 213 | 277 | 282 | 246 | 238 | 225 | ||
| Employee-related liabilities | 142 | ||||||||
| Taxes payable | 6 | ||||||||
| Interest and dividends payable | 12 | ||||||||
| Deferred revenue | 273 | 261 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 1,053 | 432 | 1,143 | 376 | 5 | ||||
| Disposal group, including discontinued operation | 26 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 384 | 366 | 349 | 325 | ||
| Other undisclosed current liabilities | 5 | 4 | 320 | 14 | 29 | 9 | (144) | ||
| Total current liabilities: | 1,596 | 986 | 1,845 | 764 | 1,112 | 691 | 626 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 496 | 1,104 | 794 | 2,185 | 2,241 | 2,433 | 2,119 | ||
| Operating lease, liability | 100 | 108 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed long-term debt and lease obligation | 396 | 997 | 794 | 2,185 | 2,241 | 2,433 | 2,119 | ||
| Liabilities, other than long-term debt | 185 | 181 | 155 | 635 | 648 | 606 | 575 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 489 | 424 | 387 | 343 | ||
| Deferred revenue | 102 | 104 | ✕ | ✕ | ✕ | ✕ | |||
| Deferred tax liabilities, net | ✕ | ✕ | 54 | 50 | 131 | 115 | 162 | ||
| Disposal group, including discontinued operation, liabilities | 18 | ||||||||
| Other liabilities | 65 | 77 | 101 | 96 | 92 | 104 | 69 | ||
| Other undisclosed noncurrent liabilities | 164 | 178 | 399 | ||||||
| Total noncurrent liabilities: | 845 | 1,463 | 1,348 | 2,821 | 2,889 | 3,039 | 2,694 | ||
| Total liabilities: | 2,441 | 2,449 | 3,193 | 3,585 | 4,001 | 3,730 | 3,320 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 1,153 | 1,144 | 2,155 | 1,717 | 1,931 | 1,931 | 2,265 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (17) | (17) | (17) | (17) | (17) | (17) | (17) | ||
| Additional paid in capital | 1,529 | 1,551 | 2,598 | 2,598 | 2,629 | 2,493 | 3,149 | ||
| Accumulated other comprehensive loss | (102) | (118) | (133) | (123) | (101) | (116) | (117) | ||
| Accumulated deficit | (257) | (272) | (294) | (741) | (580) | (429) | (750) | ||
| Stockholders' equity attributable to noncontrolling interest | 18 | ||||||||
| Other undisclosed stockholders' equity | 53 | ||||||||
| Total stockholders' equity: | 1,206 | 1,144 | 2,173 | 1,717 | 1,931 | 1,931 | 2,265 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,648 | 3,593 | 5,366 | 5,302 | 5,932 | 5,661 | 5,585 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 TTM | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,406 | 1,479 | 1,823 | 2,069 | 1,977 | 1,980 | 1,979 | |
| Revenue, net | ✕ | ✕ | ✕ | 2,052 | 1,939 | 1,949 | 1,931 | |
| Cost of revenue (Cost of Goods and Services Sold) | (586) | (639) | (780) | (874) | (854) | (830) | (830) | |
| Other undisclosed gross profit | (18) | (38) | (31) | (48) | ||||
| Gross profit: | 820 | 840 | 1,043 | 1,178 | 1,086 | 1,119 | 1,101 | |
| Operating expenses | (728) | (727) | (911) | (1,265) | (1,034) | (981) | (1,046) | |
| Operating income (loss): | 92 | 113 | 133 | (87) | 52 | 139 | 55 | |
| Nonoperating expense | (91) | (103) | (107) | (130) | (171) | (137) | (135) | |
| Interest and debt expense | (93) | (94) | (120) | (137) | (157) | (133) | (136) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 93 | 94 | 120 | 137 | 157 | 133 | 136 | |
| Income (loss) from continuing operations before income taxes: | 1 | 10 | 26 | (217) | (119) | 2 | (80) | |
| Income tax expense (benefit) | (13) | 19 | 89 | 57 | (32) | (14) | (35) | |
| Income (loss) from continuing operations: | (13) | 29 | 114 | (160) | (151) | (12) | (115) | |
| Loss from discontinued operations | (7) | |||||||
| Other undisclosed loss before gain (loss) on sale of properties | (7) | |||||||
| Net income (loss): | (20) | 21 | 114 | (160) | (151) | (12) | (115) | |
| Other undisclosed net income attributable to parent | 14 | 99 | ||||||
| Net income (loss) available to common stockholders, diluted: | (6) | 21 | 214 | (160) | (151) | (12) | (115) | |
Comprehensive Income ($ in millions)
| 12/31/2020 TTM | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (20) | 21 | 114 | (160) | (151) | (12) | (115) | |
| Other comprehensive income | 7 | |||||||
| Other undisclosed comprehensive loss | (10) | |||||||
| Comprehensive income (loss): | (23) | 21 | 114 | (160) | (151) | (12) | (115) | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (12) | |||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 29 | 27 | 90 | (22) | 15 | 1 | (93) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 6 | 36 | 204 | (181) | (136) | (12) | (208) | |
Statements sources
The financial statements are based on the company's filings with the 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.