Sapiens International Corporation N.V. (SPNS) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 152.32M | 141.6M | 136.1M | 134.31M | 137.03M | 136.8M | 134.25M | 130.86M | 130.71M | 128.3M | 124.72M | 119.46M |
| Revenue Growth % | 11.16% | 3.51% | 1.38% | 2.63% | 4.84% | 6.63% | 7.64% | 9.54% | 9.84% | 8.19% | 5.97% | 0.2% |
| Cost of Goods Sold | 85.01M | 79.71M | 75.44M | 74.16M | 76.73M | 76.7M | 76.69M | 74.91M | 74.75M | 73.64M | 71.69M | 69.16M |
| COGS % of Revenue | 55.81% | 56.29% | 55.43% | 55.22% | 56% | 56.06% | 57.12% | 57.24% | 57.19% | 57.39% | 57.48% | 57.89% |
| Gross Profit | 67.31M | 61.89M | 60.66M | 60.15M | 60.3M | 60.1M | 57.56M | 55.95M | 55.95M | 54.66M | 53.03M | 50.3M |
| Gross Margin % | 44.19% | 43.71% | 44.57% | 44.78% | 44% | 43.94% | 42.88% | 42.76% | 42.81% | 42.61% | 42.52% | 42.11% |
| Gross Profit Growth % | 11.63% | 2.97% | 5.39% | 7.5% | 7.76% | 9.95% | 8.54% | 11.22% | 11.29% | 8.97% | 7.31% | 3.37% |
| Operating Expenses | 49.55M | 45.09M | 39.46M | 38.45M | 38.55M | 38.22M | 37.04M | 35.86M | 35.69M | 35.04M | 34.14M | 33.82M |
| OpEx % of Revenue | 32.53% | 31.85% | 29% | 28.63% | 28.13% | 27.94% | 27.59% | 27.4% | 27.3% | 27.31% | 27.37% | 28.31% |
| Selling, General & Admin | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 21.18M | 18.83M | 16.28M | 22.65M | 16.45M | 16.81M | 16.52M | 21.86M | 16.03M | 15.75M | 15.62M | 21.09M |
| R&D % of Revenue | 13.91% | 13.3% | 11.96% | 16.86% | 12% | 12.29% | 12.31% | 16.7% | 12.26% | 12.27% | 12.52% | 17.65% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 17.76M | 16.8M | 21.2M | 21.7M | 21.75M | 21.88M | 20.52M | 20.09M | 20.27M | 19.62M | 18.89M | 16.48M |
| Operating Margin % | 11.66% | 11.86% | 15.57% | 16.16% | 15.87% | 16% | 15.29% | 15.35% | 15.5% | 15.29% | 15.15% | 13.8% |
| Operating Income Growth % | -18.33% | -23.24% | 3.28% | 8.01% | 7.31% | 11.53% | 8.62% | 21.89% | 22.43% | 16.03% | 14.17% | 4.76% |
| EBITDA | 19.69M | 22.9M | 26.06M | 24.8M | 22.24M | 26.58M | 26.18M | 24.24M | 21.04M | 24.95M | 24.3M | 20.56M |
| EBITDA Margin % | 12.93% | 16.17% | 19.15% | 18.47% | 16.23% | 19.43% | 19.5% | 18.52% | 16.1% | 19.45% | 19.49% | 17.21% |
| EBITDA Growth % | -11.47% | -13.83% | -0.43% | 2.34% | 5.71% | 6.51% | 7.71% | 17.89% | 17.66% | 13.33% | 8.33% | -4.77% |
| D&A (Non-Cash Add-back) | 1.93M | 6.11M | 4.87M | 3.11M | 493K | 4.7M | 5.65M | 4.15M | 772K | 5.33M | 5.41M | 4.08M |
| EBIT | 17.76M | 16.8M | 21.2M | 21.7M | 21.75M | 21.88M | 20.52M | 20.69M | 20.27M | 19.62M | 18.89M | 16.48M |
| Net Interest Income | 239K | 1.27M | 1.33M | 864K | 913K | 1.11M | 1.09M | 0 | -551K | -562K | -1.2M | 1.1M |
| Interest Income | 239K | 1.27M | 1.33M | 864K | 913K | 1.11M | 1.09M | 0 | 0 | 0 | 0 | 1.1M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 551K | 562K | 1.2M | 0 |
| Other Income/Expense | 239K | 1.27M | 1.33M | 864K | 913K | 1.11M | 1.09M | 560K | -551K | -562K | -1.2M | 1.1M |
| Pretax Income | 18M | 18.07M | 22.53M | 22.56M | 22.66M | 22.99M | 21.61M | 20.65M | 19.71M | 19.06M | 17.7M | 17.58M |
| Pretax Margin % | 11.82% | 12.76% | 16.55% | 16.8% | 16.54% | 16.81% | 16.1% | 15.78% | 15.08% | 14.86% | 14.19% | 14.71% |
| Income Tax | 3.62M | 3.68M | 4.49M | 4.7M | 4.32M | 4.38M | 4.11M | 3.62M | 3.71M | 3.59M | 3.33M | 4.28M |
| Effective Tax Rate % | 20.12% | 20.37% | 19.94% | 20.81% | 19.08% | 19.03% | 19.03% | 17.55% | 18.82% | 18.82% | 18.82% | 24.33% |
| Net Income | 14.3M | 14.23M | 17.94M | 17.87M | 18.34M | 18.62M | 17.36M | 16.97M | 15.87M | 15.4M | 14.2M | 13.37M |
| Net Margin % | 9.39% | 10.05% | 13.18% | 13.3% | 13.38% | 13.61% | 12.93% | 12.97% | 12.14% | 12.01% | 11.38% | 11.19% |
| Net Income Growth % | -22.01% | -23.55% | 3.32% | 5.27% | 15.52% | 20.87% | 22.29% | 26.99% | 18.51% | 29.33% | 1.94% | -2.18% |
| Net Income (Continuing) | 14.38M | 14.39M | 18.03M | 17.87M | 18.34M | 18.62M | 17.5M | 17.02M | 16M | 15.47M | 14.37M | 13.3M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 13.72M | 13.81M | 13.75M | 0 | 0 | 0 | 0 | 2.68M | 82K | 85K | 87K | 2.44M |
| EPS (Diluted) | 0.25 | 0.25 | 0.32 | 0.32 | 0.33 | 0.33 | 0.31 | 0.30 | 0.28 | 0.28 | 0.26 | 0.24 |
| EPS Growth % | -24.24% | -24.24% | 3.23% | 6.67% | 17.86% | 17.86% | 19.23% | 25% | 16.67% | 33.33% | 4% | -4% |
| EPS (Basic) | 0.26 | 0.25 | 0.32 | 0.32 | 0.33 | 0.33 | 0.31 | 0.30 | 0.29 | 0.28 | 0.26 | 0.24 |
| Diluted Shares Outstanding | 56.43M | 56.07M | 56.02M | 56.16M | 56.31M | 56.16M | 55.98M | 55.91M | 55.81M | 55.58M | 55.57M | 55.52M |
| Basic Shares Outstanding | 57.2M | 55.9M | 55.89M | 55.89M | 55.85M | 55.8M | 55.74M | 55.73M | 55.4M | 55.2M | 55.16M | 55.14M |
| Dividend Payout Ratio | 259% | 261.49% | - | 11.38% | 77.2% | 83.98% | - | - | 86.2% | 88.13% | - | - |