Proofpoint, Inc. (PFPT) financial statements (2021 and earlier)

Company profile

Business Address 925 W. MAUDE AVENUE
SUNNYVALE, CA 94085
State of Incorp. DE
Fiscal Year End December 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
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 investments910848185332397406215
Cash and cash equivalents910848185286345346180
Short-term investments   46516035
Restricted cash and investments3400   
Receivables255266199109735541
Inventory, net of allowances, customer advances and progress billings0101100
Inventory0101100
Deferred costs     22
Deferred tax assets    4
Other undisclosed current assets90112102474064
Total current assets:1,2601,230487489511469266
Noncurrent Assets
Operating lease, right-of-use asset18252
Property, plant and equipment111747174533519
Intangible assets, net (including goodwill)819874597393229175135
Goodwill688688460298167134108
Intangible assets, net (excluding goodwill)13018613796624127
Restricted cash and investments5700   
Deferred costs     00
Other noncurrent assets1818813544
Deferred tax assets, net332  
Other undisclosed noncurrent assets104846733  
Total noncurrent assets:1,2391,108746486291214158
TOTAL ASSETS:2,4992,3381,233975802683424
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities13413611176664949
Accounts payable216201215149
Accrued liabilities1321199164513524
Employee-related liabilities      15
Deferred revenue702616
Debt 20 0001
Deferred rent credit  1
Deferred revenue and credits383260183124
Customer advances and deposits   1
Contract with customer, liability493
Other undisclosed current liabilities29     (17)
Total current liabilities:865772605459326232158
Noncurrent Liabilities
Long-term debt and lease obligation, including:962786 000162
Long-term debt, excluding current maturities784750 198367346162
Capital lease obligations 000 
Operating lease, liability17936
Other undisclosed long-term debt and lease obligation   (198)(367)(346) 
Liabilities, other than long-term debt23018711686684549
Deferred revenue and credits74554441
Deferred revenue190168
Contract with customer, liability105
Deferred rent credit  4
Deferred tax liabilities, net 1402
Other liabilities4019711917
Other undisclosed noncurrent liabilities   197363345(2)
Total noncurrent liabilities:1,192973116283431391209
Total liabilities:2,0571,745720742757622368
Stockholders' equity
Stockholders' equity attributable to parent442592513233456056
Common stock0000000
Treasury stock, value(139)      
Additional paid in capital1,4701,3181,108788514441331
Accumulated other comprehensive income (loss) 0(0)(0)(0)(0)(0)
Accumulated deficit(889)(726)(595)(554)(469)(381)(274)
Total stockholders' equity:442592513233456056
TOTAL LIABILITIES AND EQUITY:2,4992,3381,233975802683424

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,050888717515375265196
Revenue, net515375265196
Cost of revenue
(Cost of Goods and Services Sold)
(275)(236)(202)(143)(109)(84)(66)
Gross profit:775652515372267181130
Operating expenses(870)(757)(617)(441)(352)(267)(181)
Operating loss:(95)(105)(102)(69)(86)(86)(51)
Nonoperating income (expense)(2)5(2)1(1)(2)(4)
Foreign currency transaction loss, before tax(3)(2)(1)   (2)
Other nonoperating income (expense)17(1)1(1)(2)(2)
Interest and debt expense(36)(13)(7)(29)(25)(18)(11)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes32(6)3202
Loss from continuing operations before income taxes:(131)(110)(117)(94)(110)(106)(65)
Income tax expense (benefit)(33)(20)1310(1)(1)0
Net loss available to common stockholders, diluted:(164)(130)(104)(84)(111)(106)(64)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(164)(130)(104)(84)(111)(106)(64)
Comprehensive loss:(164)(130)(104)(84)(111)(106)(64)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)00(0)00(0)
Comprehensive loss, net of tax, attributable to parent:(164)(130)(104)(84)(111)(106)(64)

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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