Microsoft Excel LibreOffice Calc

Income Statement
Quarterly Data

Difficulty: Beginner

The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

eBay Inc., Consolidated Income Statement (quarterly data)

USD $ in millions

Microsoft Excel LibreOffice Calc
3 months ended Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Net revenues 2,640  2,580  2,613  2,409  2,328  2,217  2,395  2,217  2,230  2,137  2,322  2,099  2,110  2,061  4,921  4,353  4,366  4,262  4,530  3,892  3,877  3,748 
Cost of net revenues (597) (559) (590) (556) (561) (515) (539) (498) (493) (477) (493) (433) (434) (411) (1,600) (1,389) (1,392) (1,351) (1,449) (1,224) (1,211) (1,152)
Gross profit 2,043  2,021  2,023  1,853  1,767  1,702  1,856  1,719  1,737  1,660  1,829  1,666  1,676  1,650  3,321  2,964  2,974  2,911  3,081  2,668  2,666  2,596 
Sales and marketing (838) (756) (689) (627) (637) (562) (608) (600) (622) (538) (595) (565) (588) (519) (945) (923) (914) (805) (837) (755) (771) (697)
Product development (352) (334) (317) (316) (313) (278) (292) (288) (295) (239) (229) (241) (232) (221) (509) (511) (500) (480) (450) (433) (451) (434)
General and administrative (368) (270) (265) (254) (267) (245) (249) (224) (218) (209) (260) (207) (353) (302) (475) (442) (461) (465) (461) (415) (419) (408)
Provision for transaction losses (66) (72) (79) (68) (63) (62) (59) (56) (64) (52) (72) (65) (65) (69) (273) (249) (232) (204) (238) (185) (193) (175)
Amortization of acquired intangible assets (13) (10) (10) (10) (9) (9) (10) (9) (7) (8) (11) (10) (10) (10) (58) (58) (73) (79) (73) (81) (82) (82)
Operating expenses (1,637) (1,442) (1,360) (1,275) (1,289) (1,156) (1,218) (1,177) (1,206) (1,046) (1,167) (1,088) (1,248) (1,121) (2,260) (2,183) (2,180) (2,033) (2,059) (1,869) (1,916) (1,796)
Income from operations 406  579  663  578  478  546  638  542  531  614  662  578  428  529  1,061  781  794  878  1,022  799  750  800 
Interest and other, net 301  (32) (102) 119  (18) 12  1,366  (9) (8) (23) (12) 87  124  10  (7) 20  (5) 74 
Income before income taxes 707  547  561  697  460  558  2,004  533  523  591  650  665  552  539  1,054  801  803  873  1,028  873  756  809 
Income tax (provision) benefit (69) (140) (3,158) (174) (433) 477  3,944  (115) (86) (109) (127) (120) (122) (90) (31) (128) (127) (3,199) (178) (184) (116) (132)
Income (loss) from continuing operations 638  407  (2,597) 523  27  1,035  5,948  418  437  482  523  545  430  449  1,023  673  676  (2,326) 850  689  640  677 
Income (loss) from discontinued operations, net of income taxes (4) (12) (5) (2) (46) (6) (347) 177 
Net income (loss) 642  407  (2,601) 523  27  1,035  5,936  413  435  482  477  539  83  626  1,023  673  676  (2,326) 850  689  640  677 
Source: eBay Inc., Quarterly and Annual Reports
Item Description The company
Net revenues Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. eBay Inc.'s net revenues declined from Q4 2017 to Q1 2018 but then increased from Q1 2018 to Q2 2018 exceeding Q4 2017 level.
Income from operations The net result for the period of deducting operating expenses from operating revenues. eBay Inc.'s income from operations declined from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018.
Income before income taxes Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. eBay Inc.'s income before income taxes declined from Q4 2017 to Q1 2018 but then increased from Q1 2018 to Q2 2018 exceeding Q4 2017 level.
Income (loss) from continuing operations This represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. eBay Inc.'s income (loss) from continuing operations increased from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018.
Net income (loss) The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. eBay Inc.'s net income (loss) increased from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018.