Premier, Inc. (PINC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
13034 BALLANTYNE CORPORATE PLACE CHARLOTTE, NC 28277 |
| State of Incorp. | |
| Fiscal Year End | June 30 |
| Industry (SIC) | 8741 - Management Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2025 | 12/31/2024 MRQ | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 86 | 125 | 90 | 86 | 129 | 99 | |||
| Cash and cash equivalent | 86 | 125 | 90 | 86 | 129 | 99 | |||
| Receivables | 117 | 127 | 115 | 114 | 141 | 135 | |||
| Inventory, net of allowances, customer advances and progress billings | 80 | 77 | 120 | 176 | 71 | ||||
| Inventory | 80 | 77 | 120 | 176 | 71 | ||||
| Contract with customer, asset, after allowance for credit loss | 329 | 336 | 299 | 260 | 267 | 216 | |||
| Other undisclosed current assets | 76 | 81 | 60 | 66 | 68 | 97 | |||
| Total current assets: | 608 | 748 | 642 | 646 | 782 | 618 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 15 | 21 | 29 | 40 | 48 | 58 | |||
| Property, plant and equipment | 203 | 206 | 212 | 213 | 224 | 207 | |||
| Long-term investments and receivables | 270 | 229 | 232 | 216 | 153 | 133 | |||
| Long-term investments | 270 | 229 | 232 | 216 | 153 | 133 | |||
| Intangible assets, net (including goodwill) | 1,119 | 1,265 | 1,442 | 1,356 | 1,397 | 1,359 | |||
| Goodwill | 869 | 996 | 1,012 | 1,000 | 1,000 | 942 | |||
| Intangible assets, net (excluding goodwill) | 250 | 269 | 430 | 357 | 397 | 417 | |||
| Deferred costs | 47 | 54 | 50 | 47 | 60 | 49 | |||
| Deferred income tax assets | 783 | 776 | 654 | 725 | 782 | 430 | |||
| Other noncurrent assets | 96 | 103 | 110 | 114 | 77 | 94 | |||
| Total noncurrent assets: | 2,534 | 2,653 | 2,730 | 2,712 | 2,741 | 2,330 | |||
| TOTAL ASSETS: | 3,142 | 3,401 | 3,371 | 3,357 | 3,523 | 2,949 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 72 | 126 | 101 | 86 | 234 | 182 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 101 | 73 | |||
| Accounts payable | 22 | 60 | 54 | 45 | 85 | 55 | |||
| Accrued liabilities | 50 | 66 | 47 | 41 | 48 | 54 | |||
| Deferred revenue | 21 | 20 | 24 | 30 | 34 | 35 | |||
| Debt | 151 | 103 | 316 | 251 | 174 | 80 | |||
| Disposal group, including discontinued operation | 0 | ||||||||
| Other liabilities | 56 | 53 | 51 | 47 | 47 | 32 | |||
| Due to related parties | ✕ | ✕ | ✕ | 98 | 96 | ||||
| Other undisclosed current liabilities | 432 | 446 | 323 | 241 | 131 | 167 | |||
| Total current liabilities: | 733 | 747 | 815 | 753 | 717 | 496 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 102 | 43 | 58 | ||||||
| Long-term debt, excluding current maturities | 102 | 5 | |||||||
| Liabilities, other than long-term debt | 73 | 93 | 119 | 324 | 471 | 142 | |||
| Deferred compensation liability, classified | 47 | 54 | 50 | 47 | 60 | 49 | |||
| Deferred income tax liabilities | 18 | ||||||||
| Due to related parties | ✕ | ✕ | ✕ | 201 | 299 | ||||
| Other liabilities | 22 | 28 | 47 | 43 | 112 | 76 | |||
| Operating lease, liability | 5 | 11 | 22 | 33 | 43 | 53 | |||
| Other undisclosed noncurrent liabilities | 618 | 599 | 31 | 62 | 393 | ||||
| Total noncurrent liabilities: | 692 | 693 | 222 | 355 | 576 | 593 | |||
| Total liabilities: | 1,424 | 1,439 | 1,037 | 1,108 | 1,293 | 1,089 | |||
| Temporary equity, including noncontrolling interest | 1,720 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent | 1,717 | 1,961 | 2,333 | 2,248 | 2,229 | 139 | |||
| Treasury stock, value | (250) | (250) | (250) | ||||||
| Additional paid in capital | 2,204 | 2,106 | 2,178 | 2,166 | 2,059 | 139 | |||
| Accumulated other comprehensive loss | (0) | (0) | (0) | (0) | |||||
| Retained earnings (accumulated deficit) | (487) | 106 | 405 | 332 | 169 | ||||
| Other undisclosed equity | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Total equity: | 1,718 | 1,962 | 2,334 | 2,249 | 2,230 | 139 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,142 | 3,401 | 3,371 | 3,357 | 3,523 | 2,949 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2025 | 12/31/2024 TTM | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,181 | 1,346 | 1,336 | 1,433 | 1,721 | 1,300 | ||
| Cost of revenue | (373) | (458) | (440) | (548) | (884) | (433) | ||
| Gross profit: | 808 | 888 | 896 | 885 | 837 | 867 | ||
| Operating expenses | (862) | (760) | (654) | (625) | (580) | (518) | ||
| Other operating income, net | 25 | |||||||
| Operating income (loss): | (54) | 128 | 242 | 260 | 257 | 374 | ||
| Nonoperating income (expense) | 107 | 22 | 8 | 67 | (6) | 10 | ||
| Investment income, nonoperating | 1 | 1 | (14) | 53 | (39) | (7) | ||
| Other nonoperating income (expense) | 101 | 21 | 6 | (10) | 12 | 4 | ||
| Income from continuing operations before income taxes: | 53 | 150 | 250 | 327 | 251 | 384 | ||
| Income tax expense (benefit) | (15) | (43) | (75) | (59) | 54 | (93) | ||
| Income from continuing operations: | 39 | 107 | 175 | 268 | 305 | 291 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 305 | 292 | |
| Income (loss) from discontinued operations | (41) | 1 | ||||||
| Net income (loss): | (2) | 107 | 175 | 268 | 305 | 292 | ||
| Net income (loss) attributable to noncontrolling interest | 9 | 13 | 0 | (2) | (162) | |||
| Net income attributable to parent: | 7 | 120 | 175 | 266 | 305 | 130 | ||
| Preferred stock dividends and other adjustments | (27) | 468 | ||||||
| Other undisclosed net loss available to common stockholders, basic | (11) | (17) | ||||||
| Net income (loss) available to common stockholders, basic: | (5) | 120 | 175 | 266 | 261 | 599 | ||
| Other undisclosed net loss available to common stockholders, diluted | (347) | |||||||
| Net income (loss) available to common stockholders, diluted: | (5) | 120 | 175 | 266 | 261 | 252 | ||
Comprehensive Income ($ in millions)
| 6/30/2025 | 12/31/2024 TTM | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2) | 107 | 175 | 268 | 305 | 292 | ||
| Comprehensive income (loss): | (2) | 107 | 175 | 268 | 305 | 292 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (2) | 13 | 0 | (2) | (17) | (162) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | (0) | (0) | (0) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (5) | 120 | 175 | 266 | 288 | 130 | ||
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.