Clarivate Plc
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.46B | $2.56B | $2.63B | $2.66B | $1.88B | $1.25B | $974.3M | $968.5M |
| Cost of Revenue | $833.6M | $869.2M | $906.4M | $954.0M | $626.1M | $438.8M | $352.0M | — |
| Gross Profit | $1.62B | $1.69B | $1.72B | $1.71B | $1.25B | $815.3M | $622.3M | — |
| Gross Margin | 66.0% | 66.0% | 65.5% | 64.1% | 66.6% | 65.0% | 63.9% | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | $13.7M |
| SG&A Expense | $708.6M | $727.6M | $739.7M | $729.9M | $643.0M | $544.7M | $475.0M | $413.0M |
| Operating Income | $71.5M | $-275.6M | $-734.7M | $-3.93B | $-87.0M | $-36.3M | $-82.5M | $-105.7M |
| Operating Margin | 2.9% | -10.8% | -27.9% | -147.6% | -4.6% | -2.9% | -8.5% | -10.9% |
| Interest Expense | — | — | $293.7M | $270.3M | $252.5M | $111.9M | $157.7M | $130.8M |
| Pretax Income | $-193.9M | $-553.8M | $-1.01B | $-3.99B | $-258.2M | $-353.3M | $-248.4M | $-236.5M |
| Income Tax Expense | $7.2M | $82.9M | $-101.3M | $-28.9M | $12.3M | $-2.7M | $10.2M | $5.6M |
| Net Income | $-201.1M | $-636.7M | $-911.2M | $-3.96B | $-270.5M | $-350.6M | $-258.6M | $-242.2M |
| Net Margin | -8.2% | -24.9% | -34.7% | -148.9% | -14.4% | -28.0% | -26.5% | -25.0% |
| EPS (Basic) | $-0.30 | $-0.96 | $-1.47 | $-5.97 | $-0.49 | $-0.82 | $-0.94 | $-0.89 |
| EPS (Diluted) | $-0.30 | $-0.96 | $-1.47 | $-6.24 | $-0.61 | $-0.82 | $-0.94 | $-0.01 |
| Shares Outstanding (Basic) | 673.3M | 693.6M | 671.6M | 676.1M | 631.0M | 427.0M | 273.9M | 273.2M |
| Shares Outstanding (Diluted) | 673.3M | 693.6M | 671.6M | 678.6M | 640.8M | 427.0M | 273.9M | 273.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |