ContextLogic Inc. (LOGC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 32.4M | 0 | 0 | 0 | 0 | 0 | 0 | 7M | 36M | 53M | 60M | 78M | 96M | 123M | 125M | 134M | 189M | 289M | 368M | 656M |
| Revenue Growth % | - | - | - | -100% | -100% | -100% | -100% | -91.03% | -62.5% | -56.91% | -52% | -41.79% | -49.21% | -57.44% | -66.03% | -79.57% | -75.52% | -63.6% | -39.27% | 67879.27% |
| Cost of Goods Sold | 21.5M | 0 | 0 | 0 | 0 | 0 | 0 | 6M | 30M | 44M | 46M | 62M | 76M | 97M | 91M | 92M | 125M | 169M | 201M | 272M |
| COGS % of Revenue | 66.36% | - | - | - | - | - | - | 85.71% | 83.33% | 83.02% | 76.67% | 79.49% | 79.17% | 78.86% | 72.8% | 68.66% | 66.14% | 58.48% | 54.62% | 41.46% |
| Gross Profit | 10.9M | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 6M | 9M | 14M | 16M | 20M | 26M | 34M | 42M | 64M | 120M | 167M | 384M |
| Gross Margin % | 33.64% | - | - | - | - | - | - | 14.29% | 16.67% | 16.98% | 23.33% | 20.51% | 20.83% | 21.14% | 27.2% | 31.34% | 33.86% | 41.52% | 45.38% | 58.54% |
| Gross Profit Growth % | - | - | - | -100% | -100% | -100% | -100% | -93.75% | -70% | -65.38% | -58.82% | -61.9% | -68.75% | -78.33% | -79.64% | -89.06% | -85.35% | -73.45% | -54.25% | 39692.75% |
| Operating Expenses | 10.2M | 15M | 3M | 7M | 6M | 4M | 3M | 20M | 59M | 81M | 94M | 99M | 113M | 143M | 162M | 133M | 126M | 184M | 230M | 498M |
| OpEx % of Revenue | 31.48% | - | - | - | - | - | - | 285.71% | 163.89% | 152.83% | 156.67% | 126.92% | 117.71% | 116.26% | 129.6% | 99.25% | 66.67% | 63.67% | 62.5% | 75.91% |
| Selling, General & Admin | 10.2M | -8.98M | 3M | 7M | 6M | 4M | 3M | 16M | 37M | 56M | 56M | 61M | 62M | 103M | 120M | 85M | 77M | 133M | 176M | 446M |
| SG&A % of Revenue | 31.48% | - | - | - | - | - | - | 228.57% | 102.78% | 105.66% | 93.33% | 78.21% | 64.58% | 83.74% | 96% | 63.43% | 40.74% | 46.02% | 47.83% | 67.99% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4M | 22M | 25M | 38M | 38M | 51M | 40M | 42M | 46M | 66M | 51M | 54M | 52M |
| R&D % of Revenue | - | - | - | - | - | - | - | 57.14% | 61.11% | 47.17% | 63.33% | 48.72% | 53.13% | 32.52% | 33.6% | 34.33% | 34.92% | 17.65% | 14.67% | 7.93% |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | 0 | 0 | 0 |
| Operating Income | 700K | -15M | -3M | -7M | -6M | -4M | -3M | -19M | -53M | -72M | -80M | -83M | -93M | -117M | -128M | -91M | -62M | -64M | -63M | -114M |
| Operating Margin % | 2.16% | - | - | - | - | - | - | -271.43% | -147.22% | -135.85% | -133.33% | -106.41% | -96.88% | -95.12% | -102.4% | -67.91% | -32.8% | -22.15% | -17.12% | -17.38% |
| Operating Income Growth % | 111.67% | -275% | 0% | 63.16% | 88.68% | 94.44% | 96.25% | 77.11% | 43.01% | 38.46% | 37.5% | 8.79% | -50% | -82.81% | -103.17% | 20.18% | 50.79% | 87.48% | 19.23% | -1332.34% |
| EBITDA | 6.7M | -19M | -1M | -5M | -6M | -4M | -3M | -23M | -52M | -71M | -79M | -82M | -92M | -116M | -127M | -89M | -60M | -62M | -61M | -111M |
| EBITDA Margin % | 20.68% | - | - | - | - | - | - | -328.57% | -144.44% | -133.96% | -131.67% | -105.13% | -95.83% | -94.31% | -101.6% | -66.42% | -31.75% | -21.45% | -16.58% | -16.92% |
| EBITDA Growth % | 211.67% | -375% | 66.67% | 78.26% | 88.46% | 94.37% | 96.2% | 71.95% | 43.48% | 38.79% | 37.8% | 7.87% | -53.33% | -87.1% | -108.2% | 19.82% | 51.61% | 87.8% | 17.57% | -2138.35% |
| D&A (Non-Cash Add-back) | 6M | 0 | 0 | 0 | 0 | 0 | 0 | -4M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 2M | 2M | 2M | 2M | 3M |
| EBIT | 700K | -19M | -1M | -5M | -6M | -4M | -3M | -19M | -53M | -72M | -80M | -83M | -93M | -117M | -128M | -89M | -70M | -64M | -63M | -114M |
| Net Interest Income | 0 | 0 | 0 | 2M | 2M | 2M | 2M | 2M | 0 | 3M | 3M | 6M | 4M | 5M | 6M | 2M | 2M | 5M | 3M | 8M |
| Interest Income | 0 | 0 | 0 | 2M | 2M | 2M | 2M | 2M | 0 | 3M | 3M | 6M | 4M | 5M | 147K | 45K | 5K | 3K | 3K | 4K |
| Interest Expense | 4.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.85M | -1.96M | -2M | -5M | -3M | -8M |
| Other Income/Expense | -25.6M | 2M | 2M | 2M | 2M | 2M | 2M | 6M | 0 | 3M | 3M | 6M | 4M | 5M | 6M | 2M | 2M | 5M | 3M | 8M |
| Pretax Income | -24.9M | -13M | -1M | -5M | -4M | -2M | -1M | -13M | -53M | -69M | -77M | -77M | -89M | -112M | -122M | -89M | -60M | -59M | -60M | -106M |
| Pretax Margin % | -76.85% | - | - | - | - | - | - | -185.71% | -147.22% | -130.19% | -128.33% | -98.72% | -92.71% | -91.06% | -97.6% | -66.42% | -31.75% | -20.42% | -16.3% | -16.16% |
| Income Tax | -41.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6M | -1M | 3M | 3M | 0 | -2M | 2M | 1M | 0 | -1M | 4M | 5M |
| Effective Tax Rate % | 168.27% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -11.32% | 1.45% | -3.9% | -3.9% | 0% | 1.79% | -1.64% | -1.12% | 0% | 1.69% | -6.67% | -4.72% |
| Net Income | 17M | -14M | -2M | -6M | -4M | -2M | -1M | -13M | -59M | -68M | -80M | -80M | -89M | -110M | -124M | -90M | -60M | -58M | -64M | -111M |
| Net Margin % | 52.47% | - | - | - | - | - | - | -185.71% | -163.89% | -128.3% | -133.33% | -102.56% | -92.71% | -89.43% | -99.2% | -67.16% | -31.75% | -20.07% | -17.39% | -16.92% |
| Net Income Growth % | 525% | -600% | -100% | 53.85% | 93.22% | 97.06% | 98.75% | 83.75% | 33.71% | 38.18% | 35.48% | 11.11% | -48.33% | -89.66% | -93.75% | 18.92% | 53.13% | 89.81% | 35.35% | -909.09% |
| Net Income (Continuing) | 17M | -13M | -1M | -5M | -4M | -2M | -1M | -13M | -59M | -68M | -80M | -80M | -89M | -110M | -124M | -90M | -60M | -58M | -64M | -111M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 443.7M | 78M | 77M | 76M | 75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.37 | -0.52 | -0.07 | -0.23 | -0.27 | -0.08 | -0.04 | -0.50 | -2.43 | -2.82 | -3.35 | -3.38 | -3.83 | -4.80 | -5.53 | -4.05 | -2.72 | -2.77 | -3.00 | -5.40 |
| EPS Growth % | 237.04% | -583.31% | -83.73% | 54% | 88.89% | 97.3% | 98.86% | 85.21% | 36.55% | 41.25% | 39.42% | 16.54% | -40.81% | -73.29% | -84.33% | 25% | 56.83% | -855.17% | 35.62% | -831.03% |
| EPS (Basic) | 0.37 | -0.52 | -0.07 | -0.23 | -0.27 | -0.08 | -0.04 | -0.50 | -2.43 | -2.82 | -3.35 | -3.38 | -3.83 | -4.80 | -5.53 | -4.05 | -2.72 | -2.77 | -3.00 | -5.40 |
| Diluted Shares Outstanding | 45.73M | 26.75M | 26.68M | 26.6M | 26.31M | 26.29M | 26.28M | 25.86M | 24.32M | 24.12M | 23.9M | 23.65M | 23.25M | 22.93M | 22.43M | 22.24M | 22.05M | 20.95M | 20.93M | 20.8M |
| Basic Shares Outstanding | 45.73M | 26.75M | 26.68M | 26.6M | 26.31M | 26.29M | 26.28M | 25.86M | 24.32M | 24.12M | 23.9M | 23.65M | 23.25M | 22.93M | 22.43M | 22.24M | 22.05M | 20.95M | 20.93M | 20.8M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |