Login

PPD, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2021 10-Q, filed Oct 28, 2021. Its latest SEC filing is a 4 from Mar 14, 2024.

The sections below describe the company as of the FY2020 annual report.

What Did They Do?

Provides clinical development and laboratory services to pharmaceutical, biotechnology, medical-device and government organizations.

How Did They Make Money?

Customers pay PPD for clinical development and laboratory services; PPD earns contract revenue as it performs the work and is paid for services rendered, on projects lasting several months to many years.

revenue

Who Were Their Customers?

Customers include pharmaceutical, biotechnology, medical-device and government organizations, as well as academic and nonprofit groups. PPD serves them through clinical development and laboratory services.

Did Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in .

Operating income,
11% of revenue
▲ +22% vs ($417.2M, 10%)
Net income,
3% of revenue
▲ +221% vs ($47.8M, 1%)

How Were They Changing?

Since the FY2020 annual report
Latest quarter: Q3 FY2021, the three months to Sep 30, 2021
Revenue
▲ +27%
vs $1.2B in Q3 FY2020
Net income
▲ +2123%
vs $7.5M in Q3 FY2020
  • Dec 8, 2021 Thermo Fisher completed its acquisition of PPD PPD became a wholly owned subsidiary of Thermo Fisher.

Grew. Revenue grew 25% in 2 years, from $3.7B in to $4.7B in , about 12% a year.

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support