National Instruments Corporation (NATI) — Financial statements
Income statement, balance sheet, and cash flow for National Instruments Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,657↑12.7% | 1,470↑14.2% | 1,287↓4.9% | 1,353↓0.4% | 1,359 | |
| Cost of Revenue | 535↑27.0% | 421↑13.4% | 371↑10.2% | 337↑0.9% | 334 | |
| Gross Profit | 1,122↑7.0% | 1,049↑14.5% | 916↓9.9% | 1,016↓0.9% | 1,025 | |
| Operating Expenses | ||||||
| R&D Expenses | 332↓1.3% | 336↑19.8% | 280↑2.9% | 272↑4.4% | 261 | |
| General & Administrative Expenses | 149↑17.0% | 127↓2.0% | 130↑5.8% | 123↑12.8% | 109 | |
| Selling & Marketing Expenses | 483↑3.4% | 467↑0.4% | 466↓1.7% | 473↓1.9% | 483 | |
| SG&A Expenses | 632↑6.3% | 595↓0.1% | 595↓0.1% | 596↑0.8% | 591 | |
| Other Expenses | 0.00 | 0.00↑100.0% | -0.79↓168.9% | -0.29↓126.6% | 1 | |
| Operating Expenses | 964↑3.6% | 931↑6.3% | 876↑0.8% | 869↑1.9% | 853 | |
| Total Costs & Expenses | 1,499↑10.9% | 1,352↑8.4% | 1,247↑3.4% | 1,206↑1.6% | 1,186 | |
| Operating Results | ||||||
| Operating Income | 125↑5.6% | 118↑196.9% | 40↓67.6% | 123↓29.0% | 173 | |
| Depreciation & Amortization | 91↓8.7% | 99↑236.7% | -73↓198.8% | 74↑4.1% | 71 | |
| EBITDA | 216↑4.2% | 207↑728.6% | -33↓116.8% | 196↓20.5% | 247 | |
| EBIT | 188↑75.6% | 107↓46.5% | 201↑63.5% | 123 | 0.00 | |
| Interest & Other Income | ||||||
| Net Interest Income | -16↓373.9% | -3↓268.9% | 2↓75.2% | 8↑37.9% | 6 | |
| Interest Income | 0.45↑21.1% | 0.38↓90.4% | 4↓52.0% | 8↑37.9% | 6 | |
| Interest Expense | 17↑338.9% | 4↑100.7% | 2 | 0.00 | 0.00 | |
| Non-Operating Income | 4↓66.7% | 11↑1087.2% | -1 | 0.00 | 0.00 | |
| Other Income / Expenses | -20↓38.4% | -15↓1751.5% | -0.79↓113.2% | 6↑67.6% | 4 | |
| Income Before Tax | 172↑65.9% | 104↓47.9% | 199↑10.1% | 181↑2.3% | 176 | |
| Income Tax Expense | 32↑126.0% | 14↓74.1% | 55↑199.6% | 18↓14.0% | 21 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 140↑56.3% | 89↓37.8% | 144↓11.4% | 162↑4.6% | 155 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 140↑56.3% | 89↓37.8% | 144↓11.4% | 162↑4.6% | 155 | |
| Bottom-Line Net Income | 140↑56.3% | 89↓37.8% | 144↓11.4% | 162↑4.6% | 155 | |
| EPS (Basic) | 1.05↑54.4% | 0.68↓38.2% | 1.10↓10.6% | 1.23↑6.0% | 1.16 | |
| EPS (Diluted) | 1.04↑55.2% | 0.67↓38.5% | 1.09↓10.7% | 1.22↑5.2% | 1.16 | |
| Weighted Average Shares | 132↓0.4% | 132↑0.9% | 131↓0.5% | 132↓0.2% | 132 | |
| Weighted Average Diluted Shares | 133↓0.8% | 134↑1.3% | 132↓0.7% | 133↓0.4% | 133 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.