VZIO · Vizio Holding Corp. - 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 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $444.70M | $437.30M | $353.90M | - | $426.20M | $394.40M | $356.70M | - | $435.00M | $408.90M |
| Cost of Revenue | $335.60M | $337.80M | $272.80M | - | $329.70M | $308.30M | $281.30M | - | $354.90M | $335.00M |
| Gross Profit | $109.10M | $99.50M | $81.10M | - | $96.50M | $86.10M | $75.40M | - | $80.10M | $73.90M |
| R&D | $16.80M | $15.70M | $15.10M | - | $9.80M | $10.00M | $11.90M | - | $10.80M | $9.40M |
| SG&A | $85.20M | $79.80M | $76.10M | - | $63.60M | $58.60M | $58.20M | - | $54.80M | $50.30M |
| Total Operating Expenses | $114.70M | $106.50M | $100.90M | - | $83.80M | $79.80M | $78.70M | - | $75.40M | $69.80M |
| D&A | $1.20M | $1.20M | $2.90M | - | $1.20M | $1.20M | $800.0K | - | $1.00M | $900.0K |
| Operating Income | ($5.60M) | ($7.00M) | ($19.80M) | - | $12.70M | $6.30M | ($3.30M) | - | $4.70M | $4.10M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($1.00M) | ($1.40M) | ($3.10M) | - | $2.30M | $7.80M | ($200.0K) | - | $3.20M | $1.00M |
| Net Income | $500.0K | $200.0K | ($12.10M) | - | $13.80M | $1.90M | ($700.0K) | - | $2.00M | $2.30M |
| EPS - Basic | $0.00 | $0.00 | ($0.06) | - | $0.07 | $0.01 | $0.00 | - | $0.01 | $0.01 |
| EPS - Diluted | $0.00 | $0.00 | ($0.06) | - | $0.07 | $0.01 | $0.00 | - | $0.01 | $0.01 |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $224.50M | $202.10M | $202.80M | $221.60M | $215.50M | $192.60M | $210.20M | $288.70M | $265.90M | $335.80M |
| Accounts Receivable | $323.90M | $321.60M | $267.90M | $381.20M | $345.60M | $306.40M | $297.70M | $357.90M | $339.60M | $253.80M |
| Inventory | $49.10M | $27.60M | $25.60M | $6.80M | $17.60M | $7.60M | $13.80M | $15.50M | $34.10M | $31.00M |
| Accounts Payable | - | - | - | - | - | - | $97.60M | $117.20M | $115.40M | $114.80M |
| Current Assets | $810.90M | $758.50M | $696.20M | $794.40M | $752.50M | $692.00M | $697.90M | $778.40M | $784.20M | $743.20M |
| Total Assets | $988.90M | $943.20M | $861.40M | $960.70M | $906.80M | $838.10M | $841.70M | $915.70M | $900.10M | $858.30M |
| Current Liabilities | $489.70M | $457.20M | $392.00M | $492.00M | $466.10M | $426.60M | $441.20M | $523.20M | $523.20M | $497.60M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $508.60M | $476.30M | $410.70M | $511.40M | $485.30M | $442.70M | $458.90M | $542.00M | $543.60M | $516.90M |
| Stockholders' Equity | $480.30M | $466.90M | $450.70M | $449.30M | $421.50M | $395.40M | $382.80M | $373.70M | $356.50M | $341.40M |
| Retained Earnings | $23.90M | $23.40M | $23.20M | $35.30M | $22.10M | $8.40M | $6.50M | $7.10M | $800.0K | ($1.20M) |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($19.10M) | - | - | - | ($19.30M) | - | - | - |
| Investing Cash Flow | - | - | ($100.0K) | - | - | - | ($60.90M) | - | - | - |
| Financing Cash Flow | - | - | $500.0K | - | - | - | $1.70M | - | - | - |
| CapEx | - | - | $1.20M | - | - | - | $200.0K | - | - | - |
| Free Cash Flow | - | - | ($20.30M) | - | - | - | ($19.50M) | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 24.5% | 22.8% | 22.9% | - | 22.6% | 21.8% | 21.1% | - | 18.4% | 18.1% |
| Operating margin | -1.3% | -1.6% | -5.6% | - | 3.0% | 1.6% | -0.9% | - | 1.1% | 1.0% |
| EBITDA margin | -1.0% | -1.3% | -4.8% | - | 3.3% | 1.9% | -0.7% | - | 1.3% | 1.2% |
| Net margin | 0.1% | 0.0% | -3.4% | - | 3.2% | 0.5% | -0.2% | - | 0.5% | 0.6% |
| Free cash flow margin | - | - | -5.7% | - | - | - | -5.5% | - | - | - |
| FCF / Net income | - | - | 1.68 | - | - | - | 27.86 | - | - | - |
| R&D / Revenue | 3.8% | 3.6% | 4.3% | - | 2.3% | 2.5% | 3.3% | - | 2.5% | 2.3% |
| SG&A / Revenue | 19.2% | 18.2% | 21.5% | - | 14.9% | 14.9% | 16.3% | - | 12.6% | 12.3% |
| Effective tax rate | - | - | - | - | 14.3% | 80.4% | - | - | 61.5% | 30.3% |
| Return on assets | 0.1% | 0.0% | -1.4% | - | 1.5% | 0.2% | -0.1% | - | 0.2% | 0.3% |
| Return on equity | 0.1% | 0.0% | -2.7% | - | 3.3% | 0.5% | -0.2% | - | 0.6% | 0.7% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.66 | 1.66 | 1.78 | 1.61 | 1.61 | 1.62 | 1.58 | 1.49 | 1.50 | 1.49 |
| Quick ratio | 1.56 | 1.60 | 1.71 | 1.60 | 1.58 | 1.60 | 1.55 | 1.46 | 1.43 | 1.43 |
| Cash ratio | 0.46 | 0.44 | 0.52 | 0.45 | 0.46 | 0.45 | 0.48 | 0.55 | 0.51 | 0.67 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.06 | 2.02 | 1.91 | 2.14 | 2.15 | 2.12 | 2.20 | 2.45 | 2.52 | 2.51 |
| Liabilities / Assets | 0.51 | 0.50 | 0.48 | 0.53 | 0.54 | 0.53 | 0.55 | 0.59 | 0.60 | 0.60 |
| Efficiency | ||||||||||
| Asset turnover | 0.45 | 0.46 | 0.41 | - | 0.47 | 0.47 | 0.42 | - | 0.48 | 0.48 |
| Inventory turnover | 6.84 | 12.24 | 10.66 | - | 18.73 | 40.57 | 20.38 | - | 10.41 | 10.81 |
| Days sales outstanding | 266d | 268d | 276d | - | 296d | 284d | 305d | - | 285d | 227d |
| Days inventory outstanding | 53d | 30d | 34d | - | 19d | 9d | 18d | - | 35d | 34d |
| Days payable outstanding | - | - | - | - | - | - | 127d | - | 119d | 125d |
| Cash conversion cycle | - | - | - | - | - | - | 196d | - | 201d | 135d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.3% | 10.9% | -0.8% | - | -2.0% | -3.5% | -26.5% | - | -25.3% | 1.9% |
| Revenue CAGR (3y) | -8.6% | 2.9% | 2.1% | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 13.1% | 15.6% | 7.6% | - | 20.5% | 16.5% | 3.6% | - | -9.8% | 27.5% |
| Operating income growth (YoY) | - | - | -500.0% | - | 170.2% | 53.7% | 74.4% | - | -89.6% | -82.0% |
| Net income growth (YoY) | -96.4% | -89.5% | -1628.6% | - | 590.0% | -17.4% | 93.6% | - | - | - |
| EPS growth (YoY) | - | - | - | - | 600.0% | 0.0% | - | - | -94.7% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | -4.1% | - | - | - | -34.5% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 14.0% | 18.1% | 17.7% | 20.2% | 18.2% | 15.8% | 16.2% | 13.0% | 231.2% | 381.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Product / service
$1.68B totalProduct$1.08B · 64.4%
Service$598.20M · 35.6%
Peer comparison
Same SIC group: Household Audio & Video Equipment
Comparing Vizio Holding Corp. against the 5 most active filers in the same SIC group.