Stamps.com Inc. (STMP) Financial Statements (2024 and earlier)

Company Profile

Business Address 1990 E. GRAND AVE
EL SEGUNDO, CA 90245
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments567,471443,552389,618275,053215,624156,307
Cash and cash equivalents567,471443,552389,618275,053215,624156,307
Receivables48,21071,34377,91656,41655,66475,198
Inventory, net of allowances, customer advances and progress billings  3,600   3,900
Inventory  3,600   3,900
Prepaid expense14,46717,48017,58216,41117,21320,447
Other current assets68,64586,31952,69535,67428,96322,731
Other undisclosed current assets  (3,600)   (3,900)
Total current assets:698,793618,694537,811383,554317,464274,683
Noncurrent Assets
Operating lease, right-of-use asset56,34858,50660,15915,96716,97017,697
Property, plant and equipment36,02132,88733,00833,14133,75732,983
Intangible assets, net (including goodwill)510,988514,007506,716503,240508,993529,603
Goodwill390,353388,753380,708375,096375,246384,540
Intangible assets, net (excluding goodwill)120,635125,254126,008128,144133,747145,063
Deferred income tax assets26,37126,37827,05627,05627,05627,056
Other noncurrent assets20,73446,82745,63629,45627,77920,474
Total noncurrent assets:650,462678,605672,575608,860614,555627,813
TOTAL ASSETS:1,349,2551,297,2991,210,386992,414932,019902,496
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:230,962215,967190,274160,256140,208121,853
Taxes payable8,7827,2683,4366,56314,820 
Employee-related liabilities36,17529,10826,93522,57026,16523,029
Accounts payable78,65469,91253,36846,88935,18247,783
Accrued liabilities1,7851,7562,0541,9571,46910,057
Other undisclosed accounts payable and accrued liabilities105,566107,923104,48182,27762,57240,984
Deferred revenue7,4117,8339,89510,6817,8668,015
Debt    4,84151,99254,800
Other undisclosed current liabilities4,9566,2855,942   
Total current liabilities:243,329230,085206,111175,778200,066184,668
Noncurrent Liabilities
Long-term debt and lease obligation:54,89453,98654,85812,31913,48114,191
Liabilities, other than long-term debt7,7017,52411,15910,72510,73511,455
Deferred income tax liabilities7,7017,52411,15910,72510,73511,455
Operating lease, liability54,89453,98654,85812,31913,48114,191
Other undisclosed noncurrent liabilities32,70931,58529,61928,32227,42926,557
Total noncurrent liabilities:95,30493,09595,63651,36651,64552,203
Total liabilities:338,633323,180301,747227,144251,711236,871
Equity
Equity, attributable to parent1,010,622974,119908,639765,270680,308665,625
Common stock575757565656
Treasury stock, value(675,163)(648,132)(627,360)(611,485)(602,088)(593,511)
Additional paid in capital1,302,8651,276,4841,249,4201,162,8901,119,9191,098,426
Accumulated other comprehensive income (loss)19,01316,1043,390(5,352)(5,014)9,713
Retained earnings363,850329,606283,132219,161167,435150,941
Total equity:1,010,622974,119908,639765,270680,308665,625
TOTAL LIABILITIES AND EQUITY:1,349,2551,297,2991,210,386992,414932,019902,496

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

6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
Revenues189,090205,987193,917206,730151,346160,902
Cost of revenue
(Cost of Goods and Services Sold)
(43,223)(46,723)(43,952)(47,761)(40,380) 
Other undisclosed gross profit      (44,234)
Gross profit:145,867159,264149,965158,969110,966116,668
Operating expenses(101,546)(101,091)(95,343)(97,783)(86,795)(84,422)
Operating income (loss):44,32158,17354,62261,18624,17132,246
Nonoperating income (expense)
(Gain (Loss), Foreign Currency Transaction, before Tax)
(89)(232)(67)(33)(138)(221)
Interest and debt expense(95)(95)(96)(456)(467)(565)
Income (loss) from continuing operations before equity method investments, income taxes:44,13757,84654,45960,69723,56631,460
Other undisclosed income from continuing operations before income taxes2892762635
Income (loss) from continuing operations before income taxes:44,16557,85554,48660,70323,59231,495
Income tax expense (benefit)(9,921)(11,381)9,485(8,977)(7,098)(11,161)
Income (loss) from continuing operations:34,24446,47463,97151,72616,49420,334
Income (loss) before gain (loss) on sale of properties:34,24446,47463,97151,72616,49420,334
Net income (loss) available to common stockholders, diluted:34,24446,47463,97151,72616,49420,334

Comprehensive Income ($ in thousands)

6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
Net income (loss):34,24446,47463,97151,72616,49420,334
Comprehensive income (loss):34,24446,47463,97151,72616,49420,334
Other undisclosed comprehensive income (loss), net of tax, attributable to parent2,90912,7148,742(338)(14,727)16,766
Comprehensive income (loss), net of tax, attributable to parent:37,15359,18872,71351,3881,76737,100

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.

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