Financial Summary (All financials)
In millions, except per share items | Jul-31-22 | Jul-31-21 | Jul-31-20 | Jul-31-19 | Jul-31-18 | Jul-31-17 | Jul-31-16 | Jul-31-15 |
Revenues | 1,580.8 | 1,394.4 | 1,307.7 | 1,236.1 | 1,155.5 | 845.9 | 503.4 | 241.4 |
Revenue growth | 13.4% | 6.6% | 5.8% | 7.0% | 36.6% | 68.0% | 108.5% | 89.9% |
Cost of goods sold | 321.2 | 291.9 | 286.7 | 304.1 | 386.0 | 327.3 | 170.8 | 101.0 |
Gross profit | 1,259.6 | 1,102.5 | 1,021.0 | 932.0 | 769.4 | 518.6 | 332.6 | 140.5 |
Gross margin | 79.7% | 79.1% | 78.1% | 75.4% | 66.6% | 61.3% | 66.1% | 58.2% |
Sales and marketing | 978.7 | 1,052.5 | 1,160.4 | 909.8 | 649.7 | 501.0 | 286.6 | 161.8 |
Research and development | 572.0 | 557.0 | 554.0 | 500.7 | 313.8 | 288.6 | 116.4 | 73.5 |
General and administrative | 166.4 | 153.8 | 135.5 | 119.6 | 86.4 | 77.3 | 34.3 | 23.9 |
EBITA | -441.3 | -643.4 | -828.9 | -598.0 | -273.9 | -348.4 | -104.6 | -118.8 |
EBITA margin | -27.9% | -46.1% | -63.4% | -48.4% | -23.7% | -41.2% | -20.8% | -49.2% |
Amortization of intangibles | 16.2 | 17.4 | | | 6.6 | | | |
EBIT | -457.4 | -660.8 | -828.9 | -598.0 | -280.4 | -348.4 | -104.6 | -118.8 |
EBIT margin | -28.9% | -47.4% | -63.4% | -48.4% | -24.3% | -41.2% | -20.8% | -49.2% |
Pre-tax income | -778.3 | -1,015.8 | -855.2 | -613.1 | -289.7 | -374.8 | -105.9 | -124.6 |
Income taxes | 19.3 | 18.5 | 17.7 | 8.1 | 7.4 | 4.9 | 2.3 | 1.5 |
Net income | -797.5 | -1,034.3 | -872.9 | -621.2 | -297.2 | -379.6 | -108.2 | -126.1 |
Net margin | -50.5% | -74.2% | -66.8% | -50.3% | -25.7% | -44.9% | -21.5% | -52.2% |
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Diluted EPS | ($3.62) | ($5.01) | ($4.48) | ($3.43) | ($1.81) | ($2.96) | ($2.46) | ($3.11) |
Shares outstanding (diluted) | 220.5 | 206.5 | 194.7 | 181.0 | 164.1 | 128.3 | 44.0 | 40.6 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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