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 Sep 30, 2018 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 2,649  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 (608) (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 2,041  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 (852) (838) (756) (689) (627) (637) (562) (608) (600) (622) (538) (595) (565) (588) (519) (945) (923) (914) (805) (837) (755) (771) (697)
Product development (307) (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 (248) (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 (65) (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) (13) (10) (10) (10) (9) (9) (10) (9) (7) (8) (11) (10) (10) (10) (58) (58) (73) (79) (73) (81) (82) (82)
Operating expenses (1,485) (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 556  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 392  301  (32) (102) 119  (18) 12  1,366  (9) (8) (23) (12) 87  124  10  (7) 20  (5) 74 
Income before income taxes 948  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 (228) (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 720  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) 721  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 

Based on: 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-07-19), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-05), 10-Q (filing date: 2017-10-20), 10-Q (filing date: 2017-07-21), 10-Q (filing date: 2017-04-20), 10-K (filing date: 2017-02-06), 10-Q (filing date: 2016-10-20), 10-Q (filing date: 2016-07-21), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-01), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-21), 10-Q (filing date: 2015-04-23), 10-K (filing date: 2015-02-06), 10-Q (filing date: 2014-10-16), 10-Q (filing date: 2014-07-18), 10-Q (filing date: 2014-05-01), 10-K (filing date: 2014-01-31), 10-Q (filing date: 2013-10-18), 10-Q (filing date: 2013-07-19), 10-Q (filing date: 2013-04-19).

Item Description The company
Net revenues Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. eBay Inc.'s net revenues increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
Income from operations The net result for the period of deducting operating expenses from operating revenues. eBay Inc.'s income from operations declined from Q1 2018 to Q2 2018 but then increased from Q2 2018 to Q3 2018 not reaching Q1 2018 level.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. eBay Inc.'s income before income taxes increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. eBay Inc.'s net income (loss) increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.