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LINKEDIN CORP (LNKD)

Income Statement Business | Geographic | Channel | Domestic/Foreign

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08
   10-K10-K10-K10-K10-K10-K10-KS-1/A
Revenues:  
    Talent Solutions  1,877.21,327.7910.3546.6260.9101.936.117.4
    Marketing Solutions  581.3454.5311.8235.3155.879.338.326.0
    Premium Subscriptions  532.4436.5306.5190.4105.561.945.735.4
Total revenues  2,990.92,218.81,528.5972.3522.2243.1120.178.8
            Revenue growth   [+]34.8%45.2%57.2%86.2%114.8%102.4%52.5%142.5%
Cost of goods sold  418.9293.8202.9125.581.444.825.918.6
Gross profit  2,572.11,925.01,325.6846.8440.7198.394.360.2
            Gross margin  86.0%86.8%86.7%87.1%84.4%81.6%78.5%76.4%
Selling, general and administrative   [+]1,526.91,115.7747.7452.9239.694.046.330.0
Research and development  775.7536.2395.6257.2132.265.139.429.4
Adjusted EBITDA  779.8592.2376.2223.098.748.014.75.5
            Adjusted EBITDA margin  26.1%26.7%24.6%22.9%18.9%19.7%12.2%6.9%
Stock-based compensation  510.3319.1193.986.329.88.86.24.6
EBITDA   [+]269.5273.1182.3136.768.939.18.50.9
            EBITDA margin  9.0%12.3%11.9%14.1%13.2%16.1%7.1%1.1%
Depreciation  285.8202.3118.169.939.518.611.96.4
EBITA  -16.270.764.266.829.420.6-3.4-5.5
            EBITA margin  -0.5%3.2%4.2%6.9%5.6%8.5%-2.8%-7.0%
Amortization of intangibles  134.734.616.49.93.61.0  
EBIT   [+]-150.936.147.856.925.819.6-3.4-5.5
            EBIT margin  -5.0%1.6%3.1%5.8%4.9%8.1%-2.8%-7.0%
Interest expense, net   [+]40.31.8-2.9-1.0    
Other income (expense), net  -23.5-3.1-1.5-0.8-2.9-0.60.21.3
Pre-tax income  -214.731.249.257.122.919.0-3.1-4.2
Income taxes  -50.046.522.535.511.03.60.80.3
            Tax rate  23.3%149.1%45.6%62.2%48.1%18.9%  
Minority interest  -1.4-0.4      
Net income  -163.4-14.926.821.611.93.4-4.00.0
            Net margin  -5.5%-0.7%1.8%2.2%2.3%1.4%-3.3%0.0%
   
Basic EPS   [+]($1.27)($0.12)$0.24$0.21$0.15$0.08($0.10)($0.11)
Diluted EPS   [+]($1.27)($0.12)$0.23$0.19$0.11$0.07($0.10)($0.11)
   
Shares outstanding (basic)   [+]129.0122.8113.6105.277.242.441.20.0
Shares outstanding (diluted)   [+]129.0122.8118.9112.8104.146.541.20.0
   
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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