Income Statement (USD)
| Q4 '23 | QoQ | |
|---|---|---|
| Revenue | 1.07B | 17.2% |
| Gross Profit | 857M | 22.7% |
| Cost of Revenue | 210M | 0.9% |
| Operating expense | 775M | 1% |
| Net Income | 97M | 253.2% |
| EBITDA | 127M | 502.9% |
Balance Sheet (USD)
| Q4 '23 | QoQ | |
|---|---|---|
| Total Assets | 5.39B | 11.3% |
| Total Liabilities | 5.19B | 15.1% |
| Total Equity | 199M | 610.1% |
| Shares Outstanding | 169M | 0.5% |
Cash Flow (USD)
| Q4 '23 | QoQ | |
|---|---|---|
| Cash from operations | 85M | 765.6% |
| Cash from investing | 152M | 79.3% |
| Cash from financing | -833M | 3659.8% |
EPS
Financial Highlights for Splunk in Q4 '23
Splunk reported a revenue of 1.07B, which is a 17.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 857M, marking a 22.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 210M, a -0.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 775M, showing a 1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 97M, showing a 253.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 127M, showing a 502.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Splunk with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
