Pandora Media Inc (P) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2100 FRANKLIN STREET OAKLAND, CA 94612 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4832 - Radio Broadcasting Stations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 420,787 | 544,405 | 500,847 | 499,430 | 227,637 | 203,004 | |||
| Cash and cash equivalent | 292,996 | 454,923 | 499,597 | 493,181 | 209,581 | 170,881 | |||
| Short-term investments | 127,791 | 89,482 | 1,250 | 6,249 | 18,056 | 32,123 | |||
| Receivables | 339,592 | 269,584 | 336,429 | 312,277 | 288,347 | 262,934 | |||
| Prepaid expense | 24,379 | 35,901 | 12,584 | 80,152 | 39,869 | 48,542 | |||
| Disposal group, including discontinued operation | 25,583 | ||||||||
| Other current assets | 6,636 | ||||||||
| Other undisclosed current assets | 21,799 | 20,074 | 55,668 | 20,294 | 220,449 | 29,422 | |||
| Total current assets: | 806,557 | 869,964 | 912,164 | 912,153 | 801,885 | 543,902 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 110,583 | 114,487 | 116,742 | 117,700 | 120,792 | 128,815 | |||
| Intangible asset, including goodwill, after accumulated amortization | 238,780 | 89,134 | 90,652 | 92,547 | 94,478 | 391,710 | |||
| Goodwill | 178,917 | 71,243 | 71,243 | 71,243 | 71,243 | 306,421 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 59,863 | 17,891 | 19,409 | 21,304 | 23,235 | 85,289 | |||
| Other noncurrent assets | 12,023 | 11,285 | 11,293 | 8,999 | 13,490 | 33,721 | |||
| Other undisclosed noncurrent assets | 35,471 | 34,132 | |||||||
| Total noncurrent assets: | 361,386 | 214,906 | 254,158 | 253,378 | 228,760 | 554,246 | |||
| TOTAL ASSETS: | 1,167,943 | 1,084,870 | 1,166,322 | 1,165,531 | 1,030,645 | 1,098,148 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 125,935 | 96,325 | 97,066 | 84,377 | 101,961 | 98,901 | |||
| Employee-related liabilities | 48,184 | 42,908 | 47,635 | 42,753 | 45,580 | 43,871 | |||
| Accounts payable | 17,704 | 15,762 | 14,896 | 8,444 | 12,780 | 21,152 | |||
| Accrued liabilities | 60,047 | 37,655 | 34,535 | 33,180 | 43,601 | 33,878 | |||
| Other liabilities | 32,848 | ||||||||
| Deferred revenue and credits | ✕ | 43,512 | 37,681 | 31,464 | 33,977 | 32,475 | 32,355 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | |||||
| Other undisclosed current liabilities | 125,791 | 106,254 | 97,751 | 99,798 | 131,319 | 89,972 | |||
| Total current liabilities: | 295,238 | 240,260 | 226,281 | 218,152 | 265,755 | 254,076 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 25,919 | 22,714 | 23,500 | 27,068 | 25,701 | 33,946 | |||
| Other liabilities | 25,919 | 22,714 | 23,500 | 27,068 | 25,701 | 33,946 | |||
| Other undisclosed noncurrent liabilities | 250,267 | 278,410 | 273,014 | 267,396 | 352,157 | 347,223 | |||
| Total noncurrent liabilities: | 276,186 | 301,124 | 296,514 | 294,464 | 377,858 | 381,169 | |||
| Total liabilities: | 571,424 | 541,384 | 522,795 | 512,616 | 643,613 | 635,245 | |||
| Temporary equity, including noncontrolling interest | 505,684 | 498,211 | 490,849 | 483,588 | 173,095 | ||||
| Equity | |||||||||
| Equity, attributable to parent | 90,835 | 45,275 | 152,678 | 169,327 | 213,937 | 462,903 | |||
| Common stock | 27 | 26 | 25 | 25 | 24 | 24 | |||
| Additional paid in capital | 1,598,905 | 1,453,915 | 1,422,221 | 1,387,957 | 1,347,285 | 1,306,532 | |||
| Accumulated other comprehensive loss | (223) | (247) | (217) | (1,372) | (651) | (596) | |||
| Accumulated deficit | (1,507,874) | (1,408,419) | (1,269,351) | (1,217,283) | (1,132,721) | (843,057) | |||
| Total equity: | 90,835 | 45,275 | 152,678 | 169,327 | 213,937 | 462,903 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,167,943 | 1,084,870 | 1,166,322 | 1,165,531 | 1,030,645 | 1,098,148 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 384,794 | 319,233 | 395,335 | 378,639 | 376,834 | 316,004 | ||
| Revenue, net | ✕ | 384,794 | 319,233 | 395,335 | 378,639 | 376,834 | 316,004 | |
| Cost of revenue | (259,587) | (244,429) | (248,894) | (242,778) | (243,825) | (231,570) | ||
| Cost of product and service sold | (226,860) | (217,580) | (216,515) | (215,491) | (216,385) | (206,038) | ||
| Gross profit: | 125,207 | 74,804 | 146,441 | 135,861 | 133,009 | 84,434 | ||
| Operating expenses | (219,343) | (201,731) | (188,057) | (194,805) | (400,542) | (209,215) | ||
| Operating loss: | (94,136) | (126,927) | (41,616) | (58,944) | (267,533) | (124,781) | ||
| Nonoperating expense | (4,978) | (4,704) | (4,800) | (7,033) | (7,326) | (7,152) | ||
| Other nonoperating expense | (4,978) | (4,704) | (7,033) | (7,326) | (7,152) | |||
| Interest and debt expense | (6,745) | (7,286) | (6,958) | (7,592) | (7,404) | (7,381) | ||
| Loss from continuing operations before equity method investments, income taxes: | (105,859) | (138,917) | (53,374) | (73,569) | (282,263) | (139,314) | ||
| Other undisclosed income from continuing operations before income taxes | 6,745 | 7,286 | 6,958 | 7,592 | 7,404 | 7,381 | ||
| Loss from continuing operations before income taxes: | (99,114) | (131,631) | (46,416) | (65,977) | (274,859) | (131,933) | ||
| Income tax expense (benefit) | 7,132 | (74) | 1,667 | (266) | (277) | (334) | ||
| Loss from continuing operations: | (91,982) | (131,705) | (44,749) | (66,243) | (275,136) | (132,267) | ||
| Loss before gain (loss) on sale of properties: | (91,982) | (131,705) | (44,749) | (66,243) | (275,136) | (132,267) | ||
| Net loss attributable to parent: | (91,982) | (131,705) | (44,749) | (66,243) | (275,136) | (132,267) | ||
| Preferred stock dividends and other adjustments | (7,473) | (7,363) | (7,319) | (18,319) | (14,528) | |||
| Net loss available to common stockholders, diluted: | (99,455) | (139,068) | (52,068) | (84,562) | (289,664) | (132,267) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (91,982) | (131,705) | (44,749) | (66,243) | (275,136) | (132,267) | ||
| Comprehensive loss: | (91,982) | (131,705) | (44,749) | (66,243) | (275,136) | (132,267) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 24 | (30) | 1,155 | (721) | (55) | 226 | ||
| Comprehensive loss, net of tax, attributable to parent: | (91,958) | (131,735) | (43,594) | (66,964) | (275,191) | (132,041) | ||
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.