GrubHub Inc. (GRUB) financial statements (2021 and earlier)
Company profile
| Business Address |
111 WEST WASHINGTON, SUITE 2100 CHICAGO, IL 60602 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 425 | 225 | 258 | 324 | 311 | 313 | ||
| Cash and cash equivalents | 376 | 211 | 234 | 240 | 169 | 202 | ||
| Short-term investments | 49 | 14 | 24 | 84 | 141 | 111 | ||
| Restricted cash and investments | 1 | 1 | ||||||
| Receivables | 124 | 121 | 96 | 61 | 42 | 36 | ||
| Prepaid expense | 12 | 3 | 3 | |||||
| Deferred tax assets | ✕ | 1 | ||||||
| Other undisclosed current assets | 17 | 16 | 7 | |||||
| Total current assets: | 566 | 364 | 360 | 396 | 356 | 353 | ||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 101 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 173 | 119 | 71 | 47 | 19 | 16 | ||
| Intangible assets, net (including goodwill) | 1,508 | 1,568 | 1,105 | 750 | 682 | 607 | ||
| Goodwill | 1,008 | 1,019 | 590 | 436 | 396 | 353 | ||
| Intangible assets, net (excluding goodwill) | 500 | 549 | 516 | 314 | 286 | 254 | ||
| Estimated insurance recoveries | 1 | |||||||
| Other noncurrent assets | 27 | 14 | 6 | 5 | 3 | 4 | ||
| Other undisclosed noncurrent assets | (1) | |||||||
| Total noncurrent assets: | 1,809 | 1,702 | 1,183 | 801 | 704 | 627 | ||
| TOTAL ASSETS: | 2,375 | 2,066 | 1,544 | 1,198 | 1,060 | 980 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 108 | 90 | 51 | 27 | 25 | 19 | ||
| Accounts payable | 27 | 27 | 8 | 8 | 8 | 3 | ||
| Accrued liabilities | 62 | 44 | 27 | 11 | 12 | 8 | ||
| Employee-related liabilities | 20 | 18 | 13 | 7 | 5 | 6 | ||
| Taxes payable | 0 | 3 | 1 | 0 | 2 | |||
| Debt | 9 | 6 | 4 | |||||
| Restructuring reserve | 1 | |||||||
| Other liabilities | 132 | 127 | 120 | 83 | 64 | 92 | ||
| Other undisclosed current liabilities | (1) | |||||||
| Total current liabilities: | 249 | 223 | 175 | 110 | 90 | 111 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 604 | 336 | 170 | |||||
| Long-term debt, excluding current maturities | 493 | 336 | 170 | |||||
| Operating lease, liability | 111 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 1 | 65 | 82 | 115 | 93 | 98 | ||
| Accounts payable and accrued liabilities | 1 | 18 | 7 | 7 | 5 | 6 | ||
| Deferred tax liabilities, net | ✕ | 46 | 74 | 108 | 88 | 92 | ||
| Other undisclosed noncurrent liabilities | 27 | |||||||
| Total noncurrent liabilities: | 632 | 400 | 251 | 115 | 93 | 98 | ||
| Total liabilities: | 881 | 623 | 426 | 225 | 183 | 209 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 1,494 | 1,442 | 1,118 | 972 | 878 | 771 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 1,164 | 1,095 | 849 | 806 | 759 | 690 | ||
| Accumulated other comprehensive loss | (2) | (2) | (1) | (2) | (1) | (0) | ||
| Retained earnings | 331 | 349 | 270 | 168 | 119 | 81 | ||
| Total stockholders' equity: | 1,494 | 1,442 | 1,118 | 972 | 878 | 771 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,375 | 2,066 | 1,544 | 1,198 | 1,060 | 980 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 1,312 | 1,007 | 683 | 493 | 362 | 254 | |
| Revenue, net | ✕ | ✕ | 683 | 493 | 362 | 254 | |
| Cost of revenue | (114) | (82) | (55) | (41) | (33) | (23) | |
| Gross profit: | 1,198 | 925 | 628 | 452 | 329 | 230 | |
| Operating expenses | (1,205) | (840) | (538) | (368) | (267) | (185) | |
| Operating income (loss): | (6) | 85 | 90 | 84 | 62 | 45 | |
| Nonoperating expense (Investment Income, Nonoperating) | (0) | ||||||
| Interest and debt expense | (2) | (8) | (2) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (8) | 77 | 88 | 84 | 62 | 45 | |
| Other undisclosed income (loss) from continuing operations before income taxes | (19) | 4 | 2 | 0 | |||
| Income (loss) from continuing operations before income taxes: | (27) | 81 | 90 | 84 | 62 | 45 | |
| Income tax expense (benefit) | 8 | (3) | 9 | (34) | (24) | (21) | |
| Net income (loss) attributable to parent: | (19) | 78 | 99 | 50 | 38 | 24 | |
| Preferred stock dividends and other adjustments | (0) | ||||||
| Net income (loss) available to common stockholders, basic: | (19) | 78 | 99 | 50 | 38 | 24 | |
| Dilutive securities, effect on basic earnings per share | 0 | ||||||
| Net income (loss) available to common stockholders, diluted: | (19) | 78 | 99 | 50 | 38 | 24 | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (19) | 78 | 99 | 50 | 38 | 24 | |
| Comprehensive income (loss): | (19) | 78 | 99 | 50 | 38 | 24 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | (1) | 1 | (1) | (0) | (0) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (18) | 78 | 100 | 48 | 38 | 24 | |
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.