New Relic, Inc. (NEWR) Financial Statements (2024 and earlier)

Company Profile

Business Address 188 SPEAR STREET, STE. 1000
SAN FRANCISCO, CA 94105
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2023
MRQ
3/31/2023
12/31/2022
MRQ
3/31/2022
3/31/2021
3/31/2020
3/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments879,812800,171828,679816,075805,097744,728
Cash and cash equivalents625,727506,815268,695240,821292,523234,356
Short-term investments254,085293,356559,984575,254512,574510,372
Receivables234,287197,926226,182174,027147,361120,605
Capitalized contract cost14,96216,80524,05836,21032,01627,161
Other undisclosed current assets17,74721,43329,44721,94415,97921,838
Total current assets:1,146,8081,036,3351,108,3661,048,2561,000,453914,332
Noncurrent Assets
Operating lease, right-of-use asset19,67840,30450,46557,42557,777
Property, plant and equipment48,50954,11468,36891,308100,29480,742
Intangible assets, net (including goodwill)183,901186,284179,313157,23958,80355,367
Goodwill172,298172,298163,677144,25345,11241,512
Intangible assets, net (excluding goodwill)11,60313,98615,63612,98613,69113,855
Capitalized contract cost, net8,5586,69110,46332,57928,14126,218
Restricted cash and investments5,7955,7865,7755,6425,6418,805
Other noncurrent assets5,7595,6574,9166,1707,3254,763
Total noncurrent assets:272,200298,836319,300350,363257,981175,895
TOTAL ASSETS:1,419,0081,335,1711,427,6661,398,6191,258,4341,090,227
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities29,45269,70769,56861,36741,61933,786
Employee-related liabilities37,02337,19629,05423,537
Accounts payable29,45229,26132,54524,17112,56510,249
Accrued liabilities 40,446    
Deferred revenue370,987294,759398,754373,594313,161
Debt 500,044499,486  8,682 
Restructuring reserve1,519     
Contract with customer, liability267,000
Other liabilities39,42426,47236,09819,17413,12014,572
Other undisclosed current liabilities46,96111,23311,1037,886  
Total current liabilities:988,387901,657515,523462,021376,582315,358
Noncurrent Liabilities
Long-term debt and lease obligation   547,472509,304484,438405,937
Long-term debt, excluding current maturities   497,663449,380427,044405,937
Liabilities, other than long-term debt67,08173,08220,2819,9305,10616,569
Deferred revenue3,8007,2431081,6743,166
Contract with customer, liability4,597
Deferred rent credit      11,025
Other liabilities24,89724,85620,1738,2561,940947
Operating lease, liability38,38440,98349,80959,92457,394
Total noncurrent liabilities:67,08173,082567,753519,234489,544422,506
Total liabilities:1,055,468974,7391,083,276981,255866,126737,864
Temporary equity, carrying amount23,10518,33521,6863,3891,6692,733
Equity
Equity, attributable to parent340,435342,097322,704413,975390,639349,630
Common stock696866646058
Treasury stock, value(263)(263)(263)(263)(263)(263)
Additional paid in capital1,311,6151,258,5621,114,2211,001,309780,479654,759
Accumulated other comprehensive income (loss)(7,432)(9,943)(8,012)(19)4,869645
Accumulated deficit(963,554)(906,327)(783,308)(587,116)(394,506)(305,569)
Total equity:340,435342,097322,704413,975390,639349,630
TOTAL LIABILITIES AND EQUITY:1,419,0081,335,1711,427,6661,398,6191,258,4341,090,227

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

9/30/2023
TTM
3/31/2023
12/31/2022
TTM
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Revenues925,626973,676785,521667,648599,510479,225
Cost of revenue(246,383)(321,832)(256,279)(181,564)(103,237)(77,399)
Gross profit:679,243651,844529,242486,084496,273401,826
Operating expenses(864,486)(893,335)(757,795)(657,484)(581,762)(434,932)
Operating loss:(185,243)(241,491)(228,553)(171,400)(85,489)(33,106)
Nonoperating income14,2555,1771,6925,97018,41611,726
Investment income, nonoperating14,3214,3472,8627,88815,48213,103
Other nonoperating income (expense)(66)830(1,170)(1,918)2,934(1,377)
Interest and debt expense(4,943)9,880(4,921)(24,901)(23,695)(19,679)
Loss from continuing operations before income taxes:(175,931)(226,434)(231,782)(190,331)(90,768)(41,059)
Income tax expense(2,896)(49)(323)(559)(211)(697)
Loss from continuing operations:(178,827)(226,483)(232,105)(190,890)(90,979)(41,756)
Loss before gain (loss) on sale of properties:(199,871)(232,105)(190,890)(90,979)(41,756)
Net loss:(178,827)(226,483)(232,105)(190,890)(90,979)(41,756)
Net income (loss) attributable to noncontrolling interest(1,419)(16,005)(18,297)(1,720)2,042863
Net loss available to common stockholders, diluted:(180,246)(242,488)(250,402)(192,610)(88,937)(40,893)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
3/31/2023
12/31/2022
TTM
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Net loss:(178,827)(226,483)(232,105)(190,890)(90,979)(41,756)
Other comprehensive income (loss)580(9,924)(7,993)   
Comprehensive loss:(178,247)(236,407)(240,098)(190,890)(90,979)(41,756)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,419)(12,068)(18,297)(6,608)6,2661,832
Comprehensive loss, net of tax, attributable to parent:(179,666)(248,475)(258,395)(197,498)(84,713)(39,924)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: