Citrix Systems, Inc. (CTXS) financial statements (2022 and earlier)

Company profile

Business Address 851 WEST CYPRESS CREEK ROAD
FORT LAUDERDALE, FL 33309
State of Incorp. DE
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
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 investments5278775891,2021,7481,684871
Cash and cash equivalents5147535466191,115957369
Short-term investments1312443584633727503
Receivables885858720688713726669
Inventory, net of allowances, customer advances and progress billings23201622141311
Inventory23201622141311
Contract with customer, asset473712 
Capitalized contract cost827250 
Other undisclosed current assets154127125174147139133
Total current assets:1,7191,9911,5132,0872,6212,5611,684
Noncurrent Assets
Operating lease, right-of-use asset155187206
Property, plant and equipment219209232243253344374
Long-term investments and receivables1514175741,0031,000912
Long-term investments1514175741,0031,000912
Intangible assets, net (including goodwill)4,1611,8801,9071,9701,7562,1952,246
Goodwill3,4011,7981,7981,8031,6141,9671,963
Intangible assets, net (excluding goodwill)76081108167142228283
Deferred costs   71549 
Deferred income tax assets417387362
Other noncurrent assets290223153125535870
Other undisclosed noncurrent assets   130119184195
Total noncurrent assets:5,2572,8992,8763,0493,1993,8293,797
TOTAL ASSETS:6,9764,8904,3895,1365,8206,3905,481
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities646642476410379427431
Accounts payable165928576678495
Accrued liabilities445507332290278303317
Taxes payable36436044344018
Deferred revenue1,7081,5101,352
Debt   1,155 1,348 
Deferred revenue and credits1,3081,3231,250
Contract with customer, liability1,345
Total current liabilities:2,3542,1521,8292,9111,6873,0981,681
Noncurrent Liabilities
Long-term debt and lease obligation166196209   1,325
Long-term debt, excluding current maturities      1,325
Operating lease, liability166196209
Liabilities, other than long-term debt5826977709231,013604502
Deferred revenue and credits556480414
Accounts payable and accrued liabilities205232259286335  
Deferred revenue330392443
Contract with customer, liability489
Deferred tax liabilities, net 0  
Other liabilities48736814812212388
Other undisclosed noncurrent liabilities   742   
Total noncurrent liabilities:7488939801,6651,0136041,827
Total liabilities:3,1023,0462,8084,5762,7003,7023,508
Temporary equity, carrying amount   8 79 
Stockholders' equity
Stockholders' equity attributable to parent5471128385529922,6091,973
Common stock0000000
Treasury stock, value(11,592)(11,477)(10,067)(9,014)(7,390)(6,135)(6,040)
Additional paid in capital7,0426,6086,2495,4054,8844,7624,567
Accumulated other comprehensive loss(3)(4)(5)(8)(11)(29)(29)
Retained earnings5,1014,9844,6604,1693,5094,0113,475
Total stockholders' equity:5471128385529922,6091,973
Other undisclosed liabilities and equity3,3261,733743 2,127  
TOTAL LIABILITIES AND EQUITY:6,9764,8904,3895,1365,8206,3905,481

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues3,2173,2373,0112,9742,8253,4183,276
Revenue, net2,8253,4183,276
Cost of revenue(625)(499)(464)(434)(440)(560)(614)
Cost of goods and services sold    (424)(558)(483)
Gross profit:2,5922,7382,5472,5402,3852,8592,661
Operating expenses(2,355)(2,129)(2,010)(1,862)(1,814)(2,210)(2,311)
Operating income:237609536678571649350
Nonoperating income2211193231136
Investment income, nonoperating131840281712
Other nonoperating income (expense)2181(8)3(4)(6)
Interest and debt expense(92)(65)(46)(80)(52)(45)(44)
Income from continuing operations before income taxes:167555510629550617312
Income tax expense (benefit)140(50)172(54)(528)(81)7
Income from continuing operations:30750468257622536319
Loss from discontinued operations    (3)  
Net income:30750468257619536319
Other undisclosed net loss attributable to parent    (40)  
Net income (loss) available to common stockholders, diluted:307504682576(21)536319

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:30750468257619536319
Other comprehensive income (loss)11334(0)8
Comprehensive income:30850668557824536328
Other undisclosed comprehensive loss, net of tax, attributable to parent    (40)  
Comprehensive income (loss), net of tax, attributable to parent:308506685578(16)536328

Statements sources

The financial statements are based on the company's filings with the 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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