Nevro Historical Income Statement

NVRO Stock  USD 5.07  0.14  2.69%   
Historical analysis of Nevro Corp income statement accounts such as Total Revenue of 280.2 M can show how well Nevro Corp performed in making a profits. Evaluating Nevro Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nevro Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Nevro 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 Nevro Corp is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nevro 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 metropolitan statistical area.
To learn how to invest in Nevro Stock, please use our How to Invest in Nevro Corp guide.

About Nevro Income Statement Analysis

Nevro 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 Nevro Corp shareholders. The income statement also shows Nevro 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).

Nevro Corp Income Statement Chart

At this time, Nevro Corp's Depreciation And Amortization is very stable compared to the past year. As of the 2nd of February 2025, Total Other Income Expense Net is likely to grow to about 1.4 M, while Interest Expense is likely to drop about 8.8 M.

Total Revenue

Total revenue comprises all receipts Nevro 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 Nevro Corp minus its cost of goods sold. It is profit before Nevro 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 Nevro Corp. It is also known as Nevro 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.
Most accounts from Nevro Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nevro 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nevro 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 metropolitan statistical area.
To learn how to invest in Nevro Stock, please use our How to Invest in Nevro Corp guide.At this time, Nevro Corp's Depreciation And Amortization is very stable compared to the past year. As of the 2nd of February 2025, Total Other Income Expense Net is likely to grow to about 1.4 M, while Interest Expense is likely to drop about 8.8 M.
 2022 2023 2024 2025 (projected)
Gross Profit276.4M290.1M333.6M191.8M
Total Revenue406.4M425.2M489.0M280.2M

Nevro Corp income statement Correlations

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0.830.770.991.00.99-0.76-0.530.98-0.441.00.99-0.57-0.28-0.57-0.32-0.530.87-0.110.530.080.82-0.53
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0.860.761.00.990.99-0.82-0.560.99-0.471.01.0-0.6-0.29-0.6-0.35-0.560.87-0.110.550.110.86-0.57
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-0.5-0.57-0.48-0.44-0.44-0.470.580.99-0.48-0.45-0.480.980.410.980.40.98-0.320.3-0.410.04-0.470.07
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-0.64-0.7-0.61-0.57-0.57-0.60.690.99-0.60.98-0.58-0.610.491.00.430.99-0.440.35-0.460.06-0.60.19
-0.18-0.77-0.29-0.28-0.28-0.290.250.42-0.240.41-0.28-0.290.490.53-0.330.470.060.520.360.83-0.25-0.32
-0.61-0.72-0.6-0.57-0.57-0.60.680.99-0.590.98-0.57-0.611.00.530.380.99-0.420.36-0.410.11-0.570.14
-0.65-0.03-0.36-0.32-0.31-0.350.470.45-0.360.4-0.33-0.360.43-0.330.380.47-0.440.13-0.91-0.73-0.60.77
-0.62-0.66-0.57-0.53-0.53-0.560.670.99-0.560.98-0.54-0.570.990.470.990.47-0.410.36-0.480.04-0.590.19
0.830.540.860.870.870.87-0.73-0.410.88-0.320.870.86-0.440.06-0.42-0.44-0.410.070.720.390.73-0.65
-0.2-0.42-0.13-0.11-0.11-0.110.150.3-0.050.3-0.09-0.120.350.520.360.130.360.070.010.38-0.18-0.03
0.790.150.550.530.520.55-0.62-0.470.58-0.410.540.55-0.460.36-0.41-0.91-0.480.720.010.780.68-0.81
0.34-0.460.110.080.080.11-0.240.010.160.040.10.110.060.830.11-0.730.040.390.380.780.26-0.71
0.950.580.870.820.810.86-0.9-0.560.86-0.470.830.87-0.6-0.25-0.57-0.6-0.590.73-0.180.680.26-0.78
-0.8-0.08-0.58-0.53-0.52-0.570.70.17-0.570.07-0.56-0.580.19-0.320.140.770.19-0.65-0.03-0.81-0.71-0.78
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Nevro Corp Account Relationship Matchups

Nevro Corp income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization8.2M8.7M10.3M11.5M13.3M13.9M
Interest Expense21.8M19.7M6.4M8.0M9.2M8.8M
Selling General Administrative267.2M309.3M322.1M334.8M385.0M215.3M
Total Revenue362.0M386.9M406.4M425.2M489.0M280.2M
Gross Profit249.9M266.0M276.4M290.1M333.6M191.8M
Other Operating Expenses424.9M477.8M505.2M524.5M603.2M342.4M
Operating Income(62.9M)(90.9M)(98.8M)(99.3M)(89.4M)(93.8M)
Ebit(62.9M)(111.1M)10.7M(89.8M)(80.9M)(76.8M)
Research Development45.6M47.7M53.1M54.4M62.6M41.9M
Ebitda(54.7M)(102.4M)21.0M(78.3M)(70.5M)(67.0M)
Cost Of Revenue112.1M120.9M130.0M135.1M155.4M88.4M
Total Operating Expenses312.8M357.0M375.2M389.4M447.8M253.9M
Income Before Tax(82.2M)(130.8M)4.3M(97.9M)(88.1M)(92.5M)
Total Other Income Expense Net(19.3M)(19.9M)(1.9M)1.4M1.3M1.4M
Net Income(83.1M)(131.4M)3.0M(92.2M)(83.0M)(87.1M)
Income Tax Expense868K534K1.3M(5.6M)(5.1M)(4.8M)
Net Income From Continuing Ops(83.1M)(131.4M)3.0M(102.4M)(92.2M)(96.8M)
Non Operating Income Net Other5.3M2.5M(143K)4.5M5.2M5.5M
Net Income Applicable To Common Shares(103.7M)(83.1M)(131.4M)3.0M2.7M2.8M
Tax Provision868K534K1.3M1.3M1.2M934.8K
Interest Income3.0M671K4.0M12.7M14.6M15.3M
Net Interest Income(18.9M)(19.1M)(2.4M)6.2M7.2M7.5M
Reconciled Depreciation8.2M8.7M10.3M10.9M12.5M8.2M

Pair Trading with Nevro Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nevro Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nevro Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nevro Stock

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The ability to find closely correlated positions to Nevro Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nevro Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nevro Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nevro Corp to buy it.
The correlation of Nevro Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nevro Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nevro Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nevro Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Nevro Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nevro Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nevro Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nevro Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nevro 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 metropolitan statistical area.
To learn how to invest in Nevro Stock, please use our How to Invest in Nevro Corp guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nevro Corp. If investors know Nevro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nevro Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.87)
Revenue Per Share
11.404
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.09)
Return On Equity
(0.25)
The market value of Nevro Corp is measured differently than its book value, which is the value of Nevro that is recorded on the company's balance sheet. Investors also form their own opinion of Nevro Corp's value that differs from its market value or its book value, called intrinsic value, which is Nevro Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nevro Corp's market value can be influenced by many factors that don't directly affect Nevro Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nevro Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nevro Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nevro Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.