Proofpoint, Inc. (PFPT) Financial Statements (2024 and earlier)

Company Profile

Business Address 925 W. MAUDE AVENUE
SUNNYVALE, CA 94085
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2021
MRQ
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 910,279847,555185,392331,598396,751406,237
Cash and cash equivalents 910,279847,555185,392286,072345,426346,205
Short-term investments    45,52651,32560,032
Restricted cash and investments 3,2623,734283315  
Receivables 255,390265,741199,194109,32572,95154,522
Inventory, net of allowances, customer advances and progress billings 3171,249481730598485
Inventory 3171,249481730598485
Deferred costs      2,228
Other undisclosed current assets 90,490111,705102,08747,03940,4955,695
Total current assets: 1,259,7381,229,984487,437489,007510,795469,167
Noncurrent Assets
Operating lease, right-of-use asset 182,22851,852
Property, plant and equipment 111,03073,51270,62773,61752,52334,501
Intangible assets, net (including goodwill) 818,846873,540597,070393,306228,978175,099
Goodwill 688,454687,517460,425297,704167,270133,769
Intangible assets, net (excluding goodwill) 130,392186,023136,64595,60261,70841,330
Restricted cash and investments 5,4106,618477273  
Deferred costs      314
Other noncurrent assets 17,68617,7377,59212,8134,5583,733
Deferred tax assets, net2,9462,5432,121 
Other undisclosed noncurrent assets 103,77284,26866,8693,2542,685 
Total noncurrent assets: 1,238,9721,107,527745,581485,806290,865213,647
TOTAL ASSETS: 2,498,7102,337,5111,233,018974,813801,660682,814
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 134,420135,734110,95676,19766,06249,134
Accounts payable 2,23316,31120,23712,27115,29714,081
Accrued liabilities 132,187119,42390,71963,92650,76535,053
Deferred revenue 702,248615,874
Debt  20,202 343232
Deferred rent credit   829
Deferred revenue and credits382,501259,518182,691
Contract with customer, liability492,742
Other undisclosed current liabilities 28,560     
Total current liabilities: 865,228771,810604,527458,732325,612231,857
Noncurrent Liabilities
Long-term debt and lease obligation, including: 962,067785,843 5591123
Long-term debt, excluding current maturities 783,561749,620 197,858366,541345,699
Capital lease obligations 5591123
Other undisclosed long-term debt and lease obligation    (197,858)(366,541)(345,699)
Liabilities, other than long-term debt 229,671187,361115,95785,57768,38845,163
Deferred revenue and credits73,97555,48543,564
Deferred revenue 190,032168,189
Contract with customer, liability105,388
Deferred rent credit   3,757
Deferred tax liabilities, net 5333,895411
Other liabilities 39,63919,1726,81211,0699,0081,188
Operating lease, liability 178,50636,223
Other undisclosed noncurrent liabilities    197,325362,646345,288
Total noncurrent liabilities: 1,191,738973,204115,957282,957431,125390,574
Total liabilities: 2,056,9661,745,014720,484741,689756,737622,431
Equity
Equity, attributable to parent 441,744592,497512,534233,12444,92360,383
Common stock 666544
Treasury stock, value (139,356)     
Additional paid in capital 1,470,4971,318,0841,107,953787,572514,034441,104
Accumulated other comprehensive income (loss)  1(7)(9)(7)(23)
Accumulated deficit (889,403)(725,594)(595,418)(554,444)(469,108)(380,702)
Total equity: 441,744592,497512,534233,12444,92360,383
TOTAL LIABILITIES AND EQUITY: 2,498,7102,337,5111,233,018974,813801,660682,814

Income Statement (P&L) ($ in thousands)

6/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 1,050,010888,190716,994515,289375,496265,397
Revenue, net515,289375,496265,397
Cost of revenue
(Cost of Goods and Services Sold)
 (275,459)(236,214)(201,761)(143,378)(108,593)(84,058)
Gross profit: 774,551651,976515,233371,911266,903181,339
Operating expenses (869,747)(756,907)(616,944)(441,375)(352,484)(267,231)
Operating loss: (95,196)(104,931)(101,711)(69,464)(85,581)(85,892)
Nonoperating income (expense) (2,299)5,454(2,045)774(1,103)(1,927)
Loss, foreign currency transaction, before tax (2,847)(1,655)(943)   
Other nonoperating income (expense) 5487,109(1,102)774(1,103)(1,927)
Interest and debt expense (36,241)(12,526)(7,207)(28,608)(25,082)(18,374)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 2,8471,655(6,018)3,0111,544374
Loss from continuing operations before income taxes: (130,889)(110,348)(116,981)(94,287)(110,222)(105,819)
Income tax expense (benefit) (32,920)(19,917)13,2329,950(986)(635)
Loss from continuing operations: (163,809)(130,265)(103,749)(84,337)(111,208)(106,454)
Loss before gain (loss) on sale of properties:(163,809)(130,265)(103,749)(84,337)(111,208)(106,454)
Net loss available to common stockholders, diluted: (163,809)(130,265)(103,749)(84,337)(111,208)(106,454)

Comprehensive Income ($ in thousands)

6/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss: (163,809)(130,265)(103,749)(84,337)(111,208)(106,454)
Comprehensive loss: (163,809)(130,265)(103,749)(84,337)(111,208)(106,454)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (1)82(2)164
Comprehensive loss, net of tax, attributable to parent: (163,810)(130,257)(103,747)(84,339)(111,192)(106,450)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: