Secureworks Historical Income Statement

SCWX Stock  USD 8.37  0.02  0.24%   
Historical analysis of Secureworks Corp income statement accounts such as Other Operating Expenses of 527.1 M, Research Development of 86.7 M, Cost Of Revenue of 208.3 M or Total Operating Expenses of 318.8 M can show how well Secureworks Corp performed in making a profits. Evaluating Secureworks Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Secureworks Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Secureworks Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Secureworks Corp is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Secureworks Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Secureworks Stock please use our How to Invest in Secureworks Corp guide.

About Secureworks Income Statement Analysis

Secureworks Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Secureworks Corp shareholders. The income statement also shows Secureworks investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Secureworks Corp Income Statement Chart

At this time, Secureworks Corp's Depreciation And Amortization is fairly stable compared to the past year. Total Revenue is likely to rise to about 446.9 M in 2024, whereas Interest Expense is likely to drop slightly above 2.2 M in 2024.

Total Revenue

Total revenue comprises all receipts Secureworks Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Secureworks Corp minus its cost of goods sold. It is profit before Secureworks Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Secureworks Corp. It is also known as Secureworks Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Secureworks Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Secureworks Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Secureworks Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Secureworks Stock please use our How to Invest in Secureworks Corp guide.At this time, Secureworks Corp's Depreciation And Amortization is fairly stable compared to the past year. Total Revenue is likely to rise to about 446.9 M in 2024, whereas Interest Expense is likely to drop slightly above 2.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.5M1.2M2.6M2.2M
Depreciation And Amortization49.6M45.2M33.9M44.6M

Secureworks Corp income statement Correlations

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0.40.370.320.43-0.33-0.350.31-0.280.420.41-0.37-0.35-0.28-0.40.28-0.310.07-0.24-0.30.03-0.27-0.08-0.1
0.80.370.990.980.030.020.860.170.970.940.01-0.030.00.05-0.53-0.050.64-0.9-0.480.72-0.53-0.07-0.75
0.780.320.990.980.0-0.010.920.140.920.96-0.02-0.07-0.060.09-0.57-0.110.66-0.92-0.540.72-0.57-0.11-0.82
0.810.430.980.98-0.16-0.170.91-0.020.940.98-0.16-0.09-0.16-0.07-0.48-0.220.56-0.9-0.50.75-0.52-0.13-0.75
-0.16-0.330.030.0-0.161.0-0.30.990.06-0.290.980.40.910.62-0.170.910.390.080.18-0.28-0.010.440.07
-0.17-0.350.02-0.01-0.171.0-0.310.980.06-0.30.980.410.910.62-0.170.910.380.090.2-0.280.020.430.08
0.70.310.860.920.91-0.3-0.31-0.190.730.97-0.32-0.22-0.39-0.01-0.55-0.430.55-0.88-0.60.69-0.54-0.27-0.85
0.01-0.280.170.14-0.020.990.98-0.190.21-0.160.970.420.910.62-0.210.90.46-0.020.12-0.15-0.10.47-0.02
0.790.420.970.920.940.060.060.730.210.860.060.030.09-0.01-0.440.040.57-0.83-0.360.68-0.44-0.01-0.62
0.790.410.940.960.98-0.29-0.30.97-0.160.86-0.3-0.16-0.31-0.1-0.48-0.360.52-0.9-0.550.76-0.55-0.2-0.79
-0.15-0.370.01-0.02-0.160.980.98-0.320.970.06-0.30.580.930.62-0.120.930.360.120.31-0.240.030.590.14
-0.01-0.35-0.03-0.07-0.090.40.41-0.220.420.03-0.160.580.530.310.130.540.090.20.650.030.160.870.31
-0.12-0.280.0-0.06-0.160.910.91-0.390.910.09-0.310.930.530.3-0.091.00.090.130.18-0.22-0.120.610.32
-0.08-0.40.050.09-0.070.620.62-0.010.62-0.01-0.10.620.310.3-0.180.30.770.020.35-0.120.340.15-0.36
-0.240.28-0.53-0.57-0.48-0.17-0.17-0.55-0.21-0.44-0.48-0.120.13-0.09-0.18-0.07-0.410.790.5-0.410.360.350.55
-0.17-0.31-0.05-0.11-0.220.910.91-0.430.90.04-0.360.930.541.00.3-0.070.070.170.21-0.25-0.10.610.35
0.380.070.640.660.560.390.380.550.460.570.520.360.090.090.77-0.410.07-0.55-0.030.260.01-0.04-0.75
-0.61-0.24-0.9-0.92-0.90.080.09-0.88-0.02-0.83-0.90.120.20.130.020.790.17-0.550.6-0.660.520.320.76
-0.46-0.3-0.48-0.54-0.50.180.2-0.60.12-0.36-0.550.310.650.180.350.50.21-0.030.6-0.40.840.430.48
0.730.030.720.720.75-0.28-0.280.69-0.150.680.76-0.240.03-0.22-0.12-0.41-0.250.26-0.66-0.4-0.48-0.09-0.63
-0.59-0.27-0.53-0.57-0.52-0.010.02-0.54-0.1-0.44-0.550.030.16-0.120.340.36-0.10.010.520.84-0.48-0.110.31
0.05-0.08-0.07-0.11-0.130.440.43-0.270.47-0.01-0.20.590.870.610.150.350.61-0.040.320.43-0.09-0.110.41
-0.55-0.1-0.75-0.82-0.750.070.08-0.85-0.02-0.62-0.790.140.310.32-0.360.550.35-0.750.760.48-0.630.310.41
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Secureworks Corp Account Relationship Matchups

Secureworks Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization42.9M41.6M49.6M45.2M33.9M44.6M
Interest Expense850K451K3.5M1.2M2.6M2.2M
Total Revenue552.8M561.0M535.2M463.5M365.9M446.9M
Gross Profit300.0M318.9M318.1M271.8M217.8M238.5M
Other Operating Expenses604.9M593.9M587.6M611.5M460.7M527.1M
Operating Income(52.2M)(32.8M)(52.4M)(148.0M)(94.8M)(99.6M)
Ebit(52.2M)(32.8M)(55.9M)(146.8M)(94.8M)(99.6M)
Research Development95.0M105.0M122.5M141.8M111.0M86.7M
Ebitda(9.2M)8.8M(6.4M)(101.5M)(60.9M)(57.9M)
Cost Of Revenue252.8M242.2M217.1M191.6M148.1M208.3M
Total Operating Expenses352.1M351.7M370.5M419.9M312.6M318.8M
Income Before Tax(51.3M)(31.8M)(55.9M)(146.8M)(114.5M)(120.2M)
Total Other Income Expense Net850K1.0M(3.5M)1.2M(19.7M)(18.7M)
Net Income(31.7M)(21.9M)(39.8M)(114.5M)(86.0M)(81.7M)
Income Tax Expense(19.7M)(9.9M)(16.1M)(32.3M)(28.5M)(29.9M)
Selling General Administrative99.5M101.8M102.8M111.6M83.2M89.3M
Net Income From Continuing Ops(31.7M)(21.9M)(39.8M)(114.5M)(86.0M)(81.7M)
Net Income Applicable To Common Shares(31.7M)(21.9M)(39.8M)(114.5M)(103.0M)(97.9M)
Tax Provision(19.7M)(9.9M)(16.1M)(32.3M)(28.5M)(29.9M)
Net Interest Income850K1.0M(3.5M)1.2M(2.6M)(2.4M)
Selling And Marketing Expenses157.7M144.9M145.1M166.4M118.4M158.2M
Non Operating Income Net Other850K1.0M(3.5M)1.2M1.1M1.2M
Reconciled Depreciation42.9M41.6M44.4M40.5M33.9M32.8M

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When running Secureworks Corp's price analysis, check to measure Secureworks Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Secureworks Corp is operating at the current time. Most of Secureworks Corp's value examination focuses on studying past and present price action to predict the probability of Secureworks Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Secureworks Corp's price. Additionally, you may evaluate how the addition of Secureworks Corp to your portfolios can decrease your overall portfolio volatility.