Financial Snapshot

Revenue
$1.458B
TTM
Gross Margin
38.61%
TTM
Net Earnings
-$111.1M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
157.77%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$1.291B
Q3 2024
Book Value
$214.4M
Q3 2024
Cash
Q3 2024
P/E
-14.15
Nov 29, 2024 EST
Free Cash Flow
$20.13M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $1.614B $1.573B $1.425B $1.356B $1.299B $943.4M $740.7M $870.1M $886.7M $668.1M $544.1M $438.4M $404.9M $454.4M $309.1M $519.2M $245.9M $58.20M $4.100M $600.0K
YoY Change 2.6% 10.39% 5.13% 4.37% 37.68% 27.36% -14.87% -1.87% 32.73% 22.78% 24.1% 8.29% -10.89% 46.99% -40.47% 111.14% 322.51% 1319.51% 583.33%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $1.614B $1.573B $1.425B $1.356B $1.299B $943.4M $740.7M $870.1M $886.7M $668.1M $544.1M $438.4M $404.9M $454.4M $309.1M $519.2M $245.9M $58.20M $4.100M $600.0K
Cost Of Revenue $991.2M $1.037B $927.2M $946.8M $972.9M $622.2M $496.7M $476.4M $483.2M $379.8M $325.5M $280.9M $239.4M $248.2M $204.0M $285.7M $169.3M $71.40M $27.50M $7.200M
Gross Profit $622.9M $535.8M $498.0M $408.8M $325.9M $321.2M $244.0M $393.7M $403.5M $288.3M $218.6M $157.6M $165.5M $206.2M $105.1M $233.6M $76.60M -$13.20M -$23.30M -$6.600M
Gross Profit Margin 38.59% 34.06% 34.94% 30.16% 25.09% 34.04% 32.94% 45.25% 45.5% 43.15% 40.18% 35.94% 40.87% 45.38% 34.0% 44.99% 31.15% -22.68% -568.29% -1100.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Selling, General & Admin $291.8M $265.0M $254.2M $241.8M $277.8M $205.2M $180.1M $179.3M $163.0M $127.5M $118.0M $123.3M $119.1M $116.2M $93.70M $79.50M $58.70M $33.30M $15.40M $11.20M
YoY Change 10.1% 4.25% 5.13% -12.93% 35.37% 13.91% 0.47% 9.97% 27.9% 8.0% -4.3% 3.52% 2.54% 24.01% 17.86% 35.43% 76.28% 116.23% 37.5%
% of Gross Profit 46.85% 49.47% 51.06% 59.16% 85.23% 63.89% 73.82% 45.54% 40.41% 44.22% 53.98% 78.27% 72.0% 56.36% 89.15% 34.03% 76.63%
Research & Development $316.9M $306.2M $299.9M $265.6M $288.0M $244.3M $224.4M $232.1M $180.7M $133.5M $124.8M $117.2M $127.1M $118.5M $97.30M $80.60M $60.90M $39.00M $25.00M $46.30M
YoY Change 3.49% 2.1% 12.9% -7.76% 17.88% 8.88% -3.35% 28.47% 35.37% 6.96% 6.45% -7.78% 7.26% 21.81% 20.72% 32.35% 56.15% 56.0% -46.0%
% of Gross Profit 50.87% 57.15% 60.22% 64.98% 88.36% 76.07% 91.95% 58.96% 44.79% 46.3% 57.08% 74.4% 76.81% 57.48% 92.58% 34.5% 79.5%
Depreciation & Amortization $55.80M $46.10M $47.10M $52.30M $60.00M $47.70M $39.40M $35.50M $26.80M $25.90M $24.50M $23.50M $17.70M $15.40M $16.50M $13.00M $9.800M $7.500M $6.400M $5.600M
YoY Change 21.04% -2.12% -9.94% -12.83% 25.79% 21.07% 10.99% 32.46% 3.47% 5.71% 4.26% 32.77% 14.94% -6.67% 26.92% 32.65% 30.67% 17.19% 14.29%
% of Gross Profit 8.96% 8.6% 9.46% 12.79% 18.41% 14.85% 16.15% 9.02% 6.64% 8.98% 11.21% 14.91% 10.7% 7.47% 15.7% 5.57% 12.79%
Operating Expenses $627.8M $595.9M $585.5M $564.0M $676.2M $506.8M $427.1M $419.5M $343.7M $261.0M $242.8M $240.6M $246.1M $234.9M $191.0M $160.1M $119.6M $72.40M $40.30M $57.50M
YoY Change 5.34% 1.79% 3.81% -16.59% 33.41% 18.67% 1.81% 22.04% 31.72% 7.47% 0.94% -2.26% 4.79% 22.97% 19.3% 33.86% 65.19% 79.65% -29.91%
Operating Profit -$4.840M -$60.16M -$87.48M -$155.2M -$350.2M -$185.7M -$183.1M -$25.77M $59.74M $27.34M -$24.19M -$83.00M -$80.65M -$28.69M -$85.90M $73.50M -$43.00M -$85.60M -$63.60M -$64.10M
YoY Change -91.95% -31.23% -43.63% -55.69% 88.62% 1.42% 610.36% -143.15% 118.48% -213.05% -70.86% 2.92% 181.11% -66.6% -216.87% -270.93% -49.77% 34.59% -0.78%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Interest Expense $30.61M $26.02M $49.10M $46.73M $31.66M $22.05M $14.02M $12.89M $11.94M $11.02M $6.061M $0.00 $0.00 $1.400M $2.700M $8.500M $4.300M -$2.800M -$2.100M -$800.0K
YoY Change 17.66% -47.02% 5.07% 47.61% 43.58% 57.3% 8.77% 7.92% 8.35% 81.83% -100.0% -48.15% -68.24% 97.67% -253.57% 33.33% 162.5%
% of Operating Profit 19.99% 40.31% 11.56%
Other Income/Expense, Net -$12.57M $4.646M -$71.31M -$45.49M -$33.43M -$29.27M -$12.85M -$3.407M -$7.705M -$10.93M -$6.279M -$139.0K $595.0K $1.074M -$400.0K -$500.0K -$16.20M -$1.600M -$200.0K -$1.600M
YoY Change -370.51% -106.52% 56.77% 36.09% 14.19% 127.81% 277.14% -55.78% -29.51% 74.07% 4417.27% -123.36% -44.6% -368.5% -20.0% -96.91% 912.5% 700.0% -87.5%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Pretax Income -$17.41M -$55.51M -$158.8M -$200.7M -$383.7M -$215.0M -$195.9M -$29.18M $52.03M $16.41M -$30.50M -$83.14M -$80.05M -$27.62M -$88.50M $81.50M -$55.10M -$89.90M -$66.00M -$66.50M
YoY Change -68.64% -65.04% -20.88% -47.69% 78.49% 9.7% 571.45% -156.08% 217.03% -153.81% -63.31% 3.86% 189.89% -68.8% -208.59% -247.91% -38.71% 36.21% -0.75%
Income Tax $7.800M $20.50M $12.00M $6.000M $3.000M -$700.0K -$1.400M -$4.800M $1.081M $2.753M $1.700M $2.190M $1.691M $317.0K -$1.900M $2.700M $300.0K $100.0K $0.00 $0.00
% Of Pretax Income 2.08% 16.77% 3.31%
Net Earnings -$25.21M -$76.04M -$170.8M -$206.7M -$386.6M -$214.3M -$194.5M -$23.93M $51.41M $13.66M -$32.12M -$85.33M -$81.74M -$27.93M -$86.60M $78.70M -$55.30M -$89.90M -$64.80M -$66.50M
YoY Change -66.84% -55.47% -17.39% -46.53% 80.41% 10.17% 712.91% -146.54% 276.4% -142.53% -62.36% 4.39% 192.65% -67.75% -210.04% -242.31% -38.49% 38.73% -2.56%
Net Earnings / Revenue -1.56% -4.83% -11.98% -15.25% -29.77% -22.72% -26.26% -2.75% 5.8% 2.04% -5.9% -19.46% -20.19% -6.15% -28.02% 15.16% -22.49% -154.47% -1580.49% -11083.33%
Basic Earnings Per Share -$0.11 -$0.35 -$0.82 -$1.10 -$2.16 -$1.36 -$1.32 -$0.17 $0.39 $0.11 -$0.27 -$0.77 -$0.78 -$0.28
Diluted Earnings Per Share -$0.11 -$0.35 -$0.82 -$1.10 -$2.16 -$1.36 -$1.32 -$0.17 $0.36 $0.11 -$0.27 -$0.77 -$0.78 -$0.28 -$906.8K $810.5K -$1.091M -$1.082M -$779.8K -$800.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Cash & Short-Term Investments $172.5M $178.7M $190.6M $298.0M $109.2M $229.5M $263.9M $304.3M $274.7M $326.1M $297.0M $180.8M $195.8M $281.7M $253.2M $235.0M $272.4M $29.60M $37.10M
YoY Change -3.44% -6.27% -36.04% 172.89% -52.42% -13.04% -13.28% 10.78% -15.76% 9.8% 64.27% -7.66% -30.49% 11.26% 7.74% -13.73% 820.27% -20.22%
Cash & Equivalents $172.5M $178.7M $190.6M $298.0M $109.2M $203.0M $116.3M $162.6M $149.1M $86.50M $124.3M $104.7M $94.50M $113.6M $109.9M $166.8M $91.20M $28.90M $36.00M
Short-Term Investments $0.00 $26.50M $147.6M $141.7M $125.6M $239.6M $172.7M $76.10M $101.3M $168.0M $143.4M $68.20M $181.2M $700.0K $1.100M
Other Short-Term Assets $129.7M $159.7M $150.8M $175.1M $143.5M $98.60M $43.10M $42.80M $29.50M $24.60M $17.80M $10.90M $16.50M $17.70M $15.70M $8.800M $83.00M $66.00M $5.900M
YoY Change -18.78% 5.9% -13.86% 22.02% 45.54% 128.77% 0.7% 45.08% 19.92% 38.2% 63.3% -33.94% -6.78% 12.74% 78.41% -89.4% 25.76% 1018.64%
Inventory $431.2M $374.9M $291.4M $269.3M $340.4M $311.9M $214.7M $233.0M $174.7M $146.5M $123.7M $127.8M $89.00M $81.90M $68.90M $59.00M $58.60M $58.30M $24.70M
Prepaid Expenses
Receivables $382.0M $419.7M $359.0M $319.4M $349.6M $317.1M $126.2M $150.4M $186.2M $154.6M $100.6M $107.0M $80.60M $75.90M $69.50M $69.40M $39.20M $41.60M $3.400M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.900M $1.400M $4.500M $900.0K $1.000M $1.100M $500.0K $1.500M
Total Short-Term Assets $1.115B $1.133B $991.8M $1.062B $942.8M $957.1M $647.9M $730.4M $665.1M $651.9M $539.1M $429.5M $383.2M $461.6M $408.2M $373.2M $454.3M $196.0M $72.50M
YoY Change -1.55% 14.24% -6.61% 12.63% -1.49% 47.72% -11.3% 9.82% 2.02% 20.92% 25.52% 12.08% -16.98% 13.08% 9.38% -17.85% 131.79% 170.34%
Property, Plant & Equipment $247.0M $207.5M $205.6M $222.0M $218.9M $342.8M $135.9M $124.8M $110.9M $81.60M $79.70M $80.30M $76.80M $51.70M $43.70M $46.80M $37.00M $26.70M $14.50M
YoY Change 19.04% 0.93% -7.41% 1.42% -36.14% 152.24% 8.89% 12.53% 35.91% 2.38% -0.75% 4.56% 48.55% 18.31% -6.62% 26.49% 38.58% 84.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $36.10M $47.80M $91.00M $73.70M $73.40M $11.90M $63.30M $14.50M $18.30M $74.70M $30.10M $0.00
YoY Change -100.0% -24.48% -47.47% 23.47% 0.41% 516.81% -81.2% 336.55% -20.77% -75.5% 148.17%
Other Assets $51.50M $48.24M $47.55M $50.30M $46.40M $41.00M $9.900M $10.30M $9.300M $10.90M $8.800M $6.500M $8.400M $23.70M $21.80M $11.10M $6.200M $6.000M $13.10M
YoY Change 6.75% 1.47% -5.48% 8.41% 13.17% 314.14% -3.88% 10.75% -14.68% 23.86% 35.38% -22.62% -64.56% 8.72% 96.4% 79.03% 3.33% -54.2%
Total Long-Term Assets $563.9M $536.2M $595.5M $670.6M $685.5M $844.2M $469.8M $468.2M $559.1M $166.1M $161.8M $98.70M $148.5M $89.90M $83.70M $133.9M $74.90M $34.50M $28.40M
YoY Change 5.16% -9.96% -11.2% -2.17% -18.8% 79.69% 0.34% -16.26% 236.6% 2.66% 63.93% -33.54% 65.18% 7.41% -37.49% 78.77% 117.1% 21.48%
Total Assets $1.679B $1.669B $1.587B $1.733B $1.628B $1.801B $1.118B $1.199B $1.224B $818.0M $700.9M $528.2M $531.7M $551.5M $491.9M $507.1M $529.2M $230.5M $100.9M
YoY Change
Accounts Payable $299.0M $304.9M $216.4M $175.8M $273.4M $191.2M $58.10M $62.50M $92.60M $61.50M $39.80M $61.40M $48.80M $35.70M $31.10M $34.00M $17.50M $41.80M $14.50M
YoY Change -1.93% 40.88% 23.1% -35.7% 42.99% 229.09% -7.04% -32.51% 50.57% 54.52% -35.18% 25.82% 36.69% 14.79% -8.53% 94.29% -58.13% 188.28%
Accrued Expenses $213.2M $197.3M $213.7M $175.9M $239.1M $195.1M $95.30M $92.70M $98.20M $73.40M $66.30M $51.50M $44.00M $48.50M $35.40M $27.40M $31.10M $22.70M $9.300M
YoY Change 8.08% -7.66% 21.46% -26.43% 22.55% 104.72% 2.8% -5.6% 33.79% 10.71% 28.74% 17.05% -9.28% 37.01% 29.2% -11.9% 37.0% 144.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $10.00K $33.00K $0.00 $31.70M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -69.7% -100.0%
Long-Term Debt Due $25.51M $500.0K $1.791M $103.1M $1.400M $4.700M $144.9M $0.00 $20.00M $12.40M
YoY Change 5002.4% -72.08% -98.26% 7264.29% -70.21% -96.76% -100.0% 61.29%
Total Short-Term Liabilities $674.0M $703.9M $612.5M $633.9M $715.3M $502.9M $374.7M $216.5M $237.0M $174.3M $140.9M $144.0M $119.5M $120.1M $101.3M $83.50M $216.8M $193.8M $42.90M
YoY Change -4.25% 14.93% -3.38% -11.38% 42.24% 34.21% 73.07% -8.65% 35.97% 23.7% -2.15% 20.5% -0.5% 18.56% 21.32% -61.49% 11.87% 351.75%
Long-Term Debt $658.8M $667.7M $477.7M $447.4M $326.1M $460.5M $0.00 $133.6M $123.3M $116.9M $109.2M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.400M $11.40M
YoY Change -1.34% 39.77% 6.78% 37.2% -29.19% -100.0% 8.35% 5.47% 7.05% -100.0% -26.32%
Other Long-Term Liabilities $128.1M $115.5M $170.9M $220.8M $191.7M $120.8M $56.00M $60.80M $51.00M $44.90M $33.00M $28.00M $24.40M $20.70M $22.10M $18.10M $17.90M $14.10M $20.20M
YoY Change 10.92% -32.41% -22.62% 15.18% 58.69% 115.71% -7.89% 19.22% 13.59% 36.06% 17.86% 14.75% 17.87% -6.33% 22.1% 1.12% 26.95% -30.2%
Total Long-Term Liabilities $786.9M $783.2M $648.6M $668.2M $517.8M $581.3M $56.00M $194.4M $174.3M $161.8M $142.2M $28.00M $24.40M $20.70M $22.10M $18.10M $17.90M $22.50M $31.60M
YoY Change 0.47% 20.75% -2.93% 29.05% -10.92% 938.04% -71.19% 11.53% 7.73% 13.78% 407.86% 14.75% 17.87% -6.33% 22.1% 1.12% -20.44% -28.8%
Total Liabilities $1.463B $1.489B $1.263B $1.306B $1.242B $1.097B $452.3M $436.3M $462.0M $336.1M $283.1M $172.0M $143.9M $140.8M $123.4M $101.6M $234.6M $216.2M $74.50M
YoY Change -1.8% 17.89% -3.27% 5.19% 13.16% 142.63% 3.67% -5.56% 37.46% 18.72% 64.59% 19.53% 2.2% 14.1% 21.46% -56.69% 8.51% 190.2%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.5724 Billion

About Infinera Corp

Infinera Corp. engages in the provision of networking solutions, which consists of networking equipment, software and services. The company is headquartered in San Jose, California and currently employs 3,389 full-time employees. The company went IPO on 2007-06-07. The Company’s solutions deliver economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. Its hardware product portfolio consists of compact modular platforms, packet-optical platforms, optical line systems, and optical subsystems. Its software products include the Infinera Transcend Software Suite, which includes automation and network management software. These products address multiple market segments in the end-to-end transport infrastructure, including metro, long-haul and subsea. The company also provides customer support services, including professional service offerings designed to help customers optimize their network assets and migrate legacy services.

Industry: Telephone & Telegraph Apparatus Peers: ADTRAN Holdings, Inc. Clearfield, Inc. AVIAT NETWORKS, INC. Cambium Networks Corp CISCO SYSTEMS, INC. DIGI INTERNATIONAL INC EXTREME NETWORKS INC HARMONIC INC NETGEAR, INC. Ribbon Communications Inc.