Poshmark, Inc. (POSH) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
203 REDWOOD SHORES PARKWAY REDWOOD CITY, CA 94065 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5961 - Catalog and Mail-Order Houses (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2022 MRQ | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments, including: | 309,283 | 72,674 | |||
| Cash and cash equivalent | 581,538 | 235,834 | |||
| Short-term investments | 26,238 | ||||
| Other undisclosed cash, cash equivalents, and short-term investments | (272,255) | (189,398) | |||
| Deferred costs | 3,200 | ||||
| Other undisclosed current assets | 281,992 | 194,103 | |||
| Total current assets: | 591,275 | 269,977 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 7,376 | 8,447 | |||
| Intangible assets, net (including goodwill) | 8,372 | ||||
| Goodwill | 7,012 | ||||
| Intangible assets, net (excluding goodwill) | 1,360 | ||||
| Other noncurrent assets | 1,650 | 7,010 | |||
| Total noncurrent assets: | 17,398 | 15,457 | |||
| TOTAL ASSETS: | 608,673 | 285,434 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 40,898 | 48,176 | |||
| Taxes payable | ✕ | 8,090 | 8,073 | ||
| Employee-related liabilities | ✕ | 8,369 | 6,842 | ||
| Accounts payable | 1,595 | 12,317 | |||
| Accrued liabilities | 22,844 | 20,944 | |||
| Business combination, contingent consideration, liability | 1,619 | ||||
| Other undisclosed current liabilities | 145,290 | 117,127 | |||
| Total current liabilities: | 187,807 | 165,303 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 55,421 | ||||
| Long-term debt, excluding current maturities | 55,421 | ||||
| Other undisclosed noncurrent liabilities | 3,247 | 8,317 | |||
| Total noncurrent liabilities: | 3,247 | 63,738 | |||
| Total liabilities: | 191,054 | 229,041 | |||
| Temporary equity, including noncontrolling interest | 156,175 | ||||
| Equity | |||||
| Equity, attributable to parent, including: | 417,619 | (99,782) | |||
| Common stock | 1 | ||||
| Treasury stock, value | (2,651) | ||||
| Additional paid in capital | 641,974 | 28,300 | |||
| Accumulated other comprehensive income (loss) | 123 | (1,574) | |||
| Accumulated deficit | (221,835) | (126,509) | |||
| Other undisclosed equity, attributable to parent | 8 | ||||
| Total equity: | 417,619 | (99,782) | |||
| TOTAL LIABILITIES AND EQUITY: | 608,673 | 285,434 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|
| Revenues | 326,009 | 262,077 | ||
| Cost of revenue | (108,577) | (83,266) | ||
| Cost of product and service sold | (51,858) | (43,507) | ||
| Gross profit: | 217,432 | 178,811 | ||
| Operating expenses | (261,857) | (155,411) | ||
| Operating income (loss): | (44,425) | 23,400 | ||
| Nonoperating expense | (54,262) | (6,467) | ||
| Interest and debt expense | (1,620) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (100,307) | 16,933 | ||
| Other undisclosed income from continuing operations before income taxes | 1,844 | 569 | ||
| Income (loss) from continuing operations before income taxes: | (98,463) | 17,502 | ||
| Income tax expense (benefit) | 134 | (657) | ||
| Income (loss) from continuing operations: | (98,329) | 16,845 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (98,329) | 16,845 | |
| Net income (loss) attributable to parent: | (98,329) | 16,845 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (12,776) | |||
| Net income (loss) available to common stockholders, diluted: | (98,329) | 4,069 | ||
Comprehensive Income ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|
| Net income (loss): | (98,329) | 16,845 | ||
| Other comprehensive income (loss) | 1,697 | (1,585) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (96,632) | 15,260 | ||
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.