PINC · As filed with the SEC
Premier income statement, by fiscal year
The statement as Premier 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 Income and Comprehensive Income · USD thousands, except per-share amounts; shares in thousands
| USD thousands, except per-share amounts; shares in thousands | FY2025 Year ended Jun 30, 2025 | FY2024 Year ended Jun 30, 2024 | FY2023 Year ended Jun 30, 2023 | FY2022 Year ended Jun 30, 2022 | FY2021 Year ended Jun 30, 2021 | FY2020 Year ended Jun 30, 2020 | FY2019 Year ended Jun 30, 2019 | FY2018 Year ended Jun 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Net revenue: | ||||||||
| Net revenue | 1,012,647 | 1,346,361 | 1,336,095 | 1,432,901 | 1,721,152 | 1,299,592 | 1,217,638 | — |
| Services | — | — | — | — | 977,030 | 1,029,647 | 1,033,481 | — |
| Software licenses | — | 1,132,639 | 1,091,436 | 1,039,395 | — | — | — | — |
| Products | — | 213,722 | 244,659 | 393,506 | 744,122 | 269,945 | 184,157 | — |
| Cost of revenue: | ||||||||
| Services | — | — | — | — | — | — | — | 187,399 |
| Products | — | — | — | — | — | — | — | 610,892 |
| Cost of revenue | 269,288 | 458,349 | 439,806 | 547,862 | 883,818 | 432,791 | 355,630 | 798,291 |
| Services | — | — | — | — | 170,773 | 188,275 | 182,375 | — |
| Software licenses | — | 268,885 | 218,087 | 183,984 | — | — | — | — |
| Products | — | 189,464 | 221,719 | 363,878 | 713,045 | 244,516 | 173,255 | — |
| Services and software licenses | 269,288 | — | — | — | — | — | — | — |
| Gross profit | 743,359 | 888,012 | 896,289 | 885,039 | 837,334 | 866,801 | 862,008 | 862,965 |
| Remeasurement of tax receivable agreement liabilities | — | — | — | 0 | 0 | 24,584 | 0 | 177,174 |
| Other operating income | — | — | — | — | — | — | 0 | 177,174 |
| Other operating income | — | — | — | 0 | 0 | 24,584 | — | (16,324) |
| Operating expenses: | ||||||||
| Selling, general, and administrative | 701,420 | 709,651 | 601,554 | 576,879 | 532,326 | 459,859 | 438,985 | 443,639 |
| Research and development | 2,634 | 3,115 | 4,540 | 4,151 | 3,338 | 2,376 | 1,224 | 1,423 |
| Amortization of purchased intangible assets | 38,189 | 47,274 | 48,102 | 43,936 | 44,753 | 55,530 | 53,285 | 55,447 |
| Operating expenses | 742,243 | 760,040 | 654,196 | 624,966 | 580,417 | 517,765 | 493,494 | 500,509 |
| Operating income | 1,116 | 127,972 | 242,093 | 260,073 | 256,917 | 373,620 | 368,514 | 539,630 |
| Remeasurement gain attributable to acquisition of Innovatix, LLC | — | — | — | — | — | — | 0 | 0 |
| Equity in net income (loss) of unconsolidated affiliates | 11,972 | (295) | 16,068 | 23,505 | 21,073 | 12,537 | 5,658 | 1,174 |
| Interest income (expense), net | — | 1,281 | (14,470) | (11,142) | (11,964) | (11,313) | (2,471) | (5,300) |
| Loss on disposal of long-lived assets | — | — | — | — | — | — | (6,681) | (2,376) |
| Gain on FFF Put and Call Rights | — | 0 | 0 | 64,110 | (27,352) | 4,690 | — | — |
| Interest expense, net | (17,223) | — | — | — | — | — | — | — |
| Other income, net | 102,184 | 20,832 | 6,307 | (9,646) | 11,967 | 4,153 | 3,119 | — |
| Other income, net | 96,933 | 21,818 | 7,905 | 66,827 | (6,276) | 10,067 | (375) | (22,826) |
| Income before income taxes | 98,049 | 149,790 | 249,998 | 326,900 | 250,641 | 383,687 | 368,139 | 516,804 |
| Income tax expense | 25,315 | 43,071 | 75,111 | 58,582 | (53,943) | 92,561 | 33,462 | 259,234 |
| Net income from continuing operations | 72,734 | — | — | 268,318 | 304,584 | 291,126 | 334,677 | — |
| Net (loss) income from discontinued operations, net of tax | (41,901) | — | — | 0 | 0 | 1,054 | (50,598) | — |
| Net income | 30,833 | 106,719 | 174,887 | 268,318 | 304,584 | 292,180 | 284,079 | 257,570 |
| Net loss (income) attributable to non-controlling interest | — | 12,825 | 139 | (2,451) | (17,062) | (161,816) | (174,959) | (224,269) |
| Adjustment of redeemable limited partners' capital to redemption amount | — | — | 0 | 0 | (26,685) | 468,311 | (118,064) | 157,581 |
| Net (income) loss from continuing operations attributable to non-controlling interest | (10,564) | — | — | (2,451) | (17,062) | (161,318) | (200,907) | — |
| Net income from discontinued operations attributable to non-controlling interest | — | — | — | 0 | 0 | (498) | 25,948 | — |
| Net income attributable to stockholders | 20,269 | 119,544 | 175,026 | 265,867 | 260,837 | 598,675 | (8,944) | 190,882 |
| Comprehensive income: | ||||||||
| Net income | 30,833 | 106,719 | 174,887 | 268,318 | 304,584 | 292,180 | — | — |
| Comprehensive (income) loss attributable to non-controlling interest | (10,564) | 12,825 | 139 | (2,451) | (17,062) | (161,816) | — | — |
| Foreign currency translation loss | (22) | (21) | (5) | (3) | — | — | — | — |
| Comprehensive income attributable to stockholders | 20,247 | 119,523 | 175,021 | 265,864 | 287,522 | 130,364 | — | — |
| Weighted average shares outstanding: | ||||||||
| Basic (shares) | 91,228 | 113,791 | 118,767 | 120,220 | 116,527 | 67,035 | 59,188 | 53,518 |
| Diluted (shares) | 91,917 | 114,408 | 119,889 | 121,668 | 117,532 | 123,614 | 60,269 | 137,340 |
| Earnings per share attributable to stockholders: | ||||||||
| Basic earnings per share from continuing operations (usd per share) | 0.68 | — | — | 2.21 | 2.24 | 8.92 | 0.27 | — |
| Basic (loss) earnings per share from discontinued operations (usd per share) | (0.46) | — | — | 0.00 | 0.00 | 0.01 | (0.42) | — |
| Basic earnings per share attributable to stockholders (usd per share) | 0.22 | 1.05 | 1.47 | 2.21 | 2.24 | 8.93 | (0.15) | 3.57 |
| Diluted earnings per share from continuing operations (usd per share) | 0.68 | — | — | 2.19 | 2.22 | 2.03 | 0.27 | — |
| Diluted (loss) earnings per share from discontinued operations (usd per share) | (0.46) | — | — | 0.00 | 0.00 | 0.01 | (0.42) | — |
| Diluted earnings per share attributable to stockholders (usd per share) | 0.22 | 1.04 | 1.46 | 2.19 | 2.22 | 2.04 | (0.15) | 1.36 |
| Net administrative fees | — | — | — | — | — | — | — | 643,839 |
| Other services and support | — | — | — | — | — | — | — | 372,133 |
| Services | — | — | — | — | — | — | — | 1,015,972 |
| Products | — | — | — | — | — | — | — | 645,284 |
| Net revenue | — | — | — | — | — | — | — | 1,661,256 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.