Secureworks Historical Income Statement

SCWX Stock  USD 6.14  0.13  2.07%   
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 209.6 M or Total Operating Expenses of 317.5 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 tightly coupled 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

Secureworks Corp Income Statement is one of the three primary financial statements used for reporting Secureworks's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Secureworks Corp revenue and expense. Secureworks Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Secureworks Corp's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 2.7 M in 2024, whereas Operating Income is likely to drop (99.6 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.
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 tightly coupled 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. Interest Expense is likely to rise to about 2.7 M in 2024, whereas Operating Income is likely to drop (99.6 M) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit318.1M271.8M203.7M237.2M
Total Revenue535.2M463.5M365.9M446.9M

Secureworks Corp income statement Correlations

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0.110.06-0.030.15-0.45-0.45-0.03-0.440.210.1-0.47-0.3-0.34-0.50.31-0.36-0.2-0.040.16-0.070.35-0.350.14
0.840.060.990.980.030.030.860.150.980.940.01-0.030.00.05-0.53-0.050.64-0.9-0.480.72-0.53-0.07-0.75
0.81-0.030.990.980.010.010.910.130.930.960.0-0.05-0.040.09-0.56-0.090.66-0.91-0.520.74-0.57-0.08-0.81
0.840.150.980.98-0.16-0.160.91-0.030.950.98-0.16-0.09-0.16-0.07-0.48-0.220.56-0.9-0.50.75-0.52-0.13-0.75
-0.08-0.450.030.01-0.161.0-0.30.990.05-0.280.980.40.910.62-0.170.910.390.080.18-0.28-0.010.440.07
-0.08-0.450.030.01-0.161.0-0.30.990.05-0.280.980.40.910.62-0.170.910.390.080.18-0.28-0.010.440.07
0.67-0.030.860.910.91-0.3-0.3-0.20.750.96-0.32-0.22-0.39-0.01-0.55-0.430.55-0.88-0.60.69-0.54-0.27-0.85
0.07-0.440.150.13-0.030.990.99-0.20.18-0.160.960.370.90.6-0.220.90.45-0.020.1-0.18-0.080.42-0.01
0.870.210.980.930.950.050.050.750.180.880.04-0.010.07-0.01-0.460.010.58-0.85-0.390.66-0.45-0.05-0.64
0.790.10.940.960.98-0.28-0.280.96-0.160.88-0.28-0.13-0.3-0.09-0.47-0.350.52-0.89-0.540.77-0.55-0.17-0.78
-0.11-0.470.010.0-0.160.980.98-0.320.960.04-0.280.580.930.62-0.120.930.360.120.31-0.240.030.590.14
-0.16-0.3-0.03-0.05-0.090.40.4-0.220.37-0.01-0.130.580.530.310.130.540.090.20.650.030.160.870.31
-0.06-0.340.0-0.04-0.160.910.91-0.390.90.07-0.30.930.530.3-0.091.00.090.130.18-0.22-0.120.610.32
-0.13-0.50.050.09-0.070.620.62-0.010.6-0.01-0.090.620.310.3-0.180.30.770.020.35-0.120.340.15-0.36
-0.30.31-0.53-0.56-0.48-0.17-0.17-0.55-0.22-0.46-0.47-0.120.13-0.09-0.18-0.07-0.410.790.5-0.410.360.350.55
-0.11-0.36-0.05-0.09-0.220.910.91-0.430.90.01-0.350.930.541.00.3-0.070.070.170.21-0.25-0.10.610.35
0.39-0.20.640.660.560.390.390.550.450.580.520.360.090.090.77-0.410.07-0.55-0.030.260.01-0.04-0.75
-0.67-0.04-0.9-0.91-0.90.080.08-0.88-0.02-0.85-0.890.120.20.130.020.790.17-0.550.6-0.660.520.320.76
-0.50.16-0.48-0.52-0.50.180.18-0.60.1-0.39-0.540.310.650.180.350.50.21-0.030.6-0.40.840.430.48
0.64-0.070.720.740.75-0.28-0.280.69-0.180.660.77-0.240.03-0.22-0.12-0.41-0.250.26-0.66-0.4-0.48-0.09-0.63
-0.520.35-0.53-0.57-0.52-0.01-0.01-0.54-0.08-0.45-0.550.030.16-0.120.340.36-0.10.010.520.84-0.48-0.110.31
-0.1-0.35-0.07-0.08-0.130.440.44-0.270.42-0.05-0.170.590.870.610.150.350.61-0.040.320.43-0.09-0.110.41
-0.550.14-0.75-0.81-0.750.070.07-0.85-0.01-0.64-0.780.140.310.32-0.360.550.35-0.750.760.48-0.630.310.41
Click cells to compare fundamentals

Secureworks Corp Account Relationship Matchups

Secureworks Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization42.9M41.6M44.4M40.5M37.1M44.0M
Interest Expense850K451K(3.5M)1.2M2.6M2.7M
Total Revenue552.8M561.0M535.2M463.5M365.9M446.9M
Gross Profit300.0M318.9M318.1M271.8M203.7M237.2M
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)(52.4M)(148.0M)(94.8M)(99.6M)
Research Development95.0M105.0M122.5M141.8M111.0M86.7M
Ebitda(9.2M)8.8M(8.0M)(107.6M)(57.7M)(54.8M)
Cost Of Revenue252.8M242.2M217.1M191.6M162.2M209.6M
Total Operating Expenses352.1M351.7M370.5M419.9M298.5M317.5M
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 determining whether Secureworks Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Secureworks 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 Secureworks Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Secureworks Corp Stock:
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 tightly coupled 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.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Is Secureworks Corp's industry 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 Secureworks Corp. If investors know Secureworks 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 Secureworks 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
(1.00)
Revenue Per Share
4.252
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.08)
Return On Equity
(0.16)
The market value of Secureworks Corp is measured differently than its book value, which is the value of Secureworks that is recorded on the company's balance sheet. Investors also form their own opinion of Secureworks Corp's value that differs from its market value or its book value, called intrinsic value, which is Secureworks 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 Secureworks Corp's market value can be influenced by many factors that don't directly affect Secureworks 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 Secureworks Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Secureworks Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Secureworks 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.