SUMO · Sumo Logic, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q1 '20 | Q1 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $67.86M | $78.95M | $74.11M | $47.20M | $62.02M | $49.41M | - | $51.87M | - | - |
| Cost of Revenue | $24.14M | $25.11M | $25.96M | $14.43M | $20.38M | $14.11M | - | $11.21M | - | - |
| Gross Profit | $43.71M | $53.84M | $48.15M | $32.78M | $41.63M | $39.06M | - | $38.27M | - | - |
| R&D | $26.25M | $26.46M | $27.64M | $17.70M | $25.46M | $15.30M | - | $14.03M | - | - |
| SG&A | $17.00M | $15.91M | $17.55M | $9.08M | $14.02M | $7.51M | - | $14.19M | - | - |
| Total Operating Expenses | $78.54M | $81.16M | $84.72M | $56.23M | $73.04M | $71.99M | - | $61.16M | - | - |
| D&A | - | - | - | $300.0K | $500.0K | $300.0K | - | $300.0K | - | - |
| Operating Income | ($34.83M) | ($27.32M) | ($36.58M) | ($23.46M) | ($31.41M) | ($32.92M) | - | ($22.90M) | - | - |
| Interest Expense | $29.0K | $79.0K | $6.0K | $159.0K | $44.0K | $205.0K | - | $290.0K | - | - |
| Income Tax | $523.0K | $528.0K | $444.0K | $178.0K | ($639.0K) | $169.0K | - | $417.0K | - | - |
| Net Income | ($34.75M) | ($26.29M) | ($35.88M) | ($23.57M) | ($30.84M) | ($32.05M) | - | ($23.93M) | - | - |
| EPS - Basic | ($0.30) | ($0.22) | ($0.31) | - | ($0.28) | ($0.66) | - | - | - | - |
| EPS - Diluted | ($0.26) | ($0.22) | ($0.31) | - | ($0.28) | ($0.66) | - | - | - | - |
Balance Sheet
| Line item | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q1 '20 | Q1 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $76.50M | $91.66M | $82.21M | $79.99M | $78.29M | $98.12M | $404.14M | $407.47M | - | $65.63M |
| Accounts Receivable | $58.37M | $56.28M | $50.74M | $43.88M | $43.40M | $30.77M | $44.76M | $27.01M | $27.01M | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $17.28M | $17.97M | $12.43M | $7.75M | $9.34M | $6.71M | $4.83M | $6.15M | - | - |
| Current Assets | $391.81M | $409.53M | $397.31M | $369.85M | $361.42M | $343.37M | $475.31M | $145.32M | - | - |
| Total Assets | $579.10M | $576.08M | $583.04M | $602.13M | $604.08M | $601.81M | $570.51M | $563.57M | - | - |
| Current Liabilities | $196.20M | $186.89M | $180.90M | $169.13M | $158.46M | $139.64M | $130.77M | $118.62M | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $203.99M | $196.11M | $194.54M | $183.16M | $172.35M | $154.59M | $139.09M | $125.28M | - | - |
| Stockholders' Equity | $375.11M | $379.97M | $388.50M | $418.97M | $431.73M | $447.22M | $431.41M | $438.30M | - | - |
| Retained Earnings | ($645.97M) | ($618.08M) | ($591.79M) | ($521.16M) | ($487.59M) | ($456.75M) | ($397.79M) | ($377.20M) | - | - |
Cash Flow
| Line item | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q1 '20 | Q1 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.43M) | - | - | ($11.12M) | - | - | - | - | - | - |
| Investing Cash Flow | ($5.30M) | - | - | ($486.0K) | - | - | - | - | - | - |
| Financing Cash Flow | $6.95M | - | - | $24.83M | - | - | - | - | - | - |
| CapEx | $371.0K | - | - | $15.0K | - | - | - | - | - | - |
| Free Cash Flow | ($1.80M) | - | - | ($11.14M) | - | - | - | - | - | - |
Ratios
| Metric | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q1 '20 | Q1 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 64.4% | 68.2% | 65.0% | 69.4% | 67.1% | 79.1% | - | 73.8% | - | - |
| Operating margin | -51.3% | -34.6% | -49.4% | -49.7% | -50.7% | -66.6% | - | -44.1% | - | - |
| EBITDA margin | - | - | - | -49.1% | -49.8% | -66.0% | - | -43.6% | - | - |
| Net margin | -51.2% | -33.3% | -48.4% | -49.9% | -49.7% | -64.9% | - | -46.1% | - | - |
| Free cash flow margin | -2.7% | - | - | -23.6% | - | - | - | - | - | - |
| FCF / Net income | 0.05 | - | - | 0.47 | - | - | - | - | - | - |
| R&D / Revenue | 38.7% | 33.5% | 37.3% | 37.5% | 41.1% | 31.0% | - | 27.0% | - | - |
| SG&A / Revenue | 25.0% | 20.1% | 23.7% | 19.2% | 22.6% | 15.2% | - | 27.4% | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -6.0% | -4.6% | -6.2% | -3.9% | -5.1% | -5.3% | - | -4.2% | - | - |
| Return on equity | -9.3% | -6.9% | -9.2% | -5.6% | -7.1% | -7.2% | - | -5.5% | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.00 | 2.19 | 2.20 | 2.19 | 2.28 | 2.46 | 3.63 | 1.23 | - | - |
| Quick ratio | 2.00 | 2.19 | 2.20 | 2.19 | 2.28 | 2.46 | 3.63 | 1.23 | - | - |
| Cash ratio | 0.39 | 0.49 | 0.45 | 0.47 | 0.49 | 0.70 | 3.09 | 3.43 | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -1201.0x | -345.8x | -6096.5x | -147.5x | -713.9x | -160.6x | - | -79.0x | - | - |
| Equity multiplier | 1.54 | 1.52 | 1.50 | 1.44 | 1.40 | 1.35 | 1.32 | 1.29 | - | - |
| Liabilities / Assets | 0.35 | 0.34 | 0.33 | 0.30 | 0.29 | 0.26 | 0.24 | 0.22 | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | 0.14 | 0.13 | 0.08 | 0.10 | 0.08 | - | 0.09 | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 314d | 260d | 250d | 339d | 255d | 227d | - | 190d | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 261d | 261d | 175d | 196d | 167d | 174d | - | 200d | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 43.8% | 27.3% | 50.0% | - | 19.6% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 33.4% | 29.3% | 23.2% | - | 8.8% | - | - | - | - | - |
| Operating income growth (YoY) | -48.5% | 13.0% | -11.1% | - | -37.2% | - | - | - | - | - |
| Net income growth (YoY) | -47.5% | 14.7% | -12.0% | - | -28.9% | - | - | - | - | - |
| EPS growth (YoY) | - | 21.4% | 53.0% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 83.8% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -10.5% | -12.0% | -13.1% | -2.9% | -1.5% | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-01-31.
Geographic
$242.13M totalUS$197.83M · 81.7%
Non Us$44.29M · 18.3%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Sumo Logic against the 5 most active filers in the same SIC group.