MASI · As filed with the SEC
Masimo income statement, by fiscal year
The statement as Masimo presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD, except per-share amounts
| USD, except per-share amounts | FY2025 Year ended Jan 3, 2026 | FY2024 Year ended Dec 28, 2024 | FY2023 Year ended Dec 30, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Jan 1, 2022 | FY2020 Year ended Jan 2, 2021 | FY2019 Year ended Dec 28, 2019 | FY2018 Year ended Dec 29, 2018 |
|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,526,900,000 | 2,094,400,000 | 2,048,100,000 | 2,035,800,000 | — | — | — | — |
| Nonrelated Party | 1,408,400,000 | 1,980,300,000 | — | — | — | — | — | — |
| Related Party | 118,500,000 | 114,100,000 | — | — | — | — | — | — |
| Cost of goods sold | 581,700,000 | 1,090,000,000 | 1,044,600,000 | 977,000,000 | 430,806,000 | 400,679,000 | 308,665,000 | 283,397,000 |
| Gross profit | 945,200,000 | 1,004,400,000 | 1,003,500,000 | 1,058,800,000 | 808,347,000 | 743,065,000 | 629,172,000 | 574,892,000 |
| Operating expenses: | ||||||||
| Selling, general and administrative | 506,000,000 | 743,800,000 | 664,000,000 | 657,400,000 | 395,291,000 | 369,057,000 | 314,661,000 | 289,456,000 |
| Research and development | 126,400,000 | 222,800,000 | 175,200,000 | 191,400,000 | 137,234,000 | 118,659,000 | 93,295,000 | 76,967,000 |
| Litigation settlement, award and/or defense costs | — | — | — | — | — | — | 0 | 425,000 |
| Litigation settlements | 2,800,000 | 500,000 | 17,800,000 | 0 | 0 | (474,000) | — | — |
| Impairment charges, including intangible assets and goodwill - (Note 9 and Note 10) | — | 304,000,000 | 10,000,000 | — | — | — | — | — |
| Total operating expenses | 635,200,000 | 1,271,100,000 | 867,000,000 | 848,800,000 | 532,525,000 | 487,242,000 | 407,956,000 | 366,848,000 |
| Operating income | 310,000,000 | (266,700,000) | 136,500,000 | 210,000,000 | 275,822,000 | 255,823,000 | 221,216,000 | 208,044,000 |
| Non-operating loss | (37,400,000) | (38,600,000) | (48,400,000) | (16,600,000) | (1,442,000) | 7,913,000 | 12,950,000 | (5,732,000) |
| Income before provision for income taxes | — | — | — | — | — | 263,736,000 | 234,166,000 | 213,776,000 |
| Income from continuing operations before provision for income taxes | 272,600,000 | (305,300,000) | 88,100,000 | 193,400,000 | 274,380,000 | — | — | — |
| Provision for income taxes | 64,900,000 | (400,000) | 6,600,000 | 49,900,000 | 44,733,000 | 23,454,000 | 37,950,000 | 20,233,000 |
| Net income | — | — | — | 143,500,000 | 229,647,000 | 240,282,000 | 196,216,000 | 193,543,000 |
| Comprehensive loss attributable to noncontrolling interest | — | — | — | — | — | (20,000) | — | — |
| Net income from continuing operations, net of tax | 207,700,000 | — | — | — | — | — | — | — |
| Net (loss) from discontinued operations, net of tax - (Note 18) | (359,200,000) | — | — | — | — | — | — | — |
| Net (loss) income | (151,500,000) | (304,900,000) | 81,500,000 | — | — | 240,302,000 | — | — |
| Net (loss) income per share: | ||||||||
| Basic income per share - continuing operations (in dollars per share) | 3.88 | — | — | — | — | — | — | — |
| Basic (loss) per share - discontinued operations (in dollars per share) | (6.70) | — | — | — | — | — | — | — |
| Basic (loss) income per share (in dollars per share) | (2.83) | (5.72) | 1.54 | 2.68 | 4.16 | 4.39 | 3.67 | 3.70 |
| Diluted income per share - continuing operations (in dollars per share) | 3.83 | — | — | — | — | — | — | — |
| Diluted (loss) per share - discontinued operations (in dollars per share) | (6.63) | — | — | — | — | — | — | — |
| Diluted (loss) income per share (in dollars per share) | (2.80) | (5.72) | 1.51 | 2.60 | 3.98 | 4.14 | 3.44 | 3.45 |
| Weighted-average shares used in per share calculations: | ||||||||
| Basic (in shares) | 53,600,000 | 53,300,000 | 52,800,000 | 53,600,000 | 55,166,000 | 54,700,000 | 53,434,000 | 52,296,000 |
| Diluted (in shares) | 54,200,000 | 53,300,000 | 54,100,000 | 55,200,000 | 57,682,000 | 58,037,000 | 57,100,000 | 56,039,000 |
| Product | — | — | — | — | 1,239,153,000 | 1,143,744,000 | 936,408,000 | 829,874,000 |
| Royalty and other revenue | — | — | — | — | 0 | 0 | 1,429,000 | 28,415,000 |
| Total revenue | — | — | — | — | 1,239,153,000 | 1,143,744,000 | 937,837,000 | 858,289,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.