Infinera Corporation (INFN) — Financial statements
Income statement, balance sheet, and cash flow for Infinera Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,418↓12.1% | 1,614↑2.6% | 1,573↑10.4% | 1,425↑5.1% | 1,356 | |
| Cost of Revenue | 874↓11.8% | 991↓4.5% | 1,037↑11.9% | 927↓2.1% | 947 | |
| Gross Profit | 545↓12.6% | 623↑16.3% | 536↑7.6% | 498↑21.8% | 409 | |
| Operating Expenses | ||||||
| R&D Expenses | 300↓5.2% | 317↑3.5% | 306↑2.1% | 300↑12.9% | 266 | |
| General & Administrative Expenses | 133↑6.3% | 125↑5.3% | 119↑2.8% | 115↑2.8% | 112 | |
| Selling & Marketing Expenses | 159↓4.8% | 167↑14.0% | 146↑5.5% | 139↑7.1% | 130 | |
| SG&A Expenses | 292↓0.1% | 292↑10.1% | 265↑4.2% | 254↑5.1% | 242 | |
| Other Expenses | 36↑90.1% | 19↑30.8% | 15↓16.5% | 17↓6.1% | 19 | |
| Operating Expenses | 628↑0.1% | 628↑7.2% | 586↑2.5% | 572↑8.7% | 526 | |
| Total Costs & Expenses | 1,502↓7.2% | 1,619↓0.3% | 1,623↑8.3% | 1,499↑1.8% | 1,473 | |
| Operating Results | ||||||
| Operating Income | -84↓2142.7% | 4↑111.7% | -35↑52.6% | -74↑37.2% | -117 | |
| Depreciation & Amortization | 62↓20.9% | 79↓15.5% | 93↓5.4% | 99↓17.0% | 119 | |
| EBITDA | -38↓141.7% | 92↑44.3% | 64↑673.6% | -11↑68.5% | -35 | |
| EBIT | -101↓863.0% | 13↑144.8% | -29↑73.1% | -110↑28.8% | -154 | |
| Interest & Other Income | ||||||
| Net Interest Income | -29↓3.7% | -28↓11.0% | -25↑48.4% | -49↓4.4% | -47 | |
| Interest Income | 3↑24.6% | 3↑204.1% | 0.89↑96.3% | 0.46↑285.6% | 0.12 | |
| Interest Expense | 32↑5.5% | 31↑17.7% | 26↓47.0% | 49↑5.1% | 47 | |
| Non-Operating Income | 17↑287.5% | -9↑52.0% | -19↓185.3% | 22↓39.5% | 37 | |
| Other Income / Expenses | -49↓129.6% | -22↓204.6% | -7↑90.1% | -71↑14.5% | -83 | |
| Income Before Tax | -133↓664.2% | -17↑68.6% | -56↑65.0% | -159↑20.9% | -201 | |
| Income Tax Expense | 17↑121.8% | 8↓62.0% | 21↑71.3% | 12↑98.6% | 6 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -150↓496.3% | -25↑66.8% | -76↑55.5% | -171↑17.4% | -207 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -150↓496.3% | -25↑66.8% | -76↑55.5% | -171↑17.4% | -207 | |
| Bottom-Line Net Income | -150↓496.3% | -25↑66.8% | -76↑55.5% | -171↑17.4% | -207 | |
| EPS (Basic) | -0.64↓481.8% | -0.11↑68.6% | -0.35↑57.3% | -0.82↑25.5% | -1.10 | |
| EPS (Diluted) | -0.64↓481.8% | -0.11↑68.6% | -0.35↑57.3% | -0.82↑25.5% | -1.10 | |
| Weighted Average Shares | 235↑3.5% | 227↑4.8% | 216↑4.3% | 207↑10.2% | 188 | |
| Weighted Average Diluted Shares | 235↑3.5% | 227↑4.8% | 216↑4.3% | 207↑10.2% | 188 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.