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Switch Inc (SWCH) Annual Income Statement

Annual · GAAP · USD millions
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The data below summarizes Switch Inc's income statement results from Dec 31 2015 to Dec 31 2021, enabling period-by-period comparison of operating performance.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2021)
2021 		(Dec 31 2020) (Dec 31 2019) (Dec 31 2018) (Dec 31 2015)
Revenues
Total Revenue592.05
Costs & Expenses
Cost of Goods and Services Sold339.64
Gross Profit252.41
Selling, Administration, Marketing161.38
Depreciation & Amortization0.00
Other Operating Expense / -Income-5.37
Litigation Settlement, Expense35.00
Total operating costs including COS536.02
Operating income / -loss56.03
Interest Expense47.64
Interest Income0.00
Net Interest Expense / -Income47.64
Extinguishment of Debt-0.15
Gain (Loss) on Derivative Instruments, Net, Pretax-0.62
Other loss / -income-8.26
Total costs & expenses574.64
Income & Taxes
Income / -loss before income taxes17.41
Income taxes expenses / -benefit2.66
Income after income taxes14.75
Income / -loss from continuing operations14.75
Non-controlling interests9.34
Net income / -loss14.75
Income / -loss to shareholder5.41
EBIT65.05
EBITD237.60
EBITDA240.15
Earnings Per Share
Basic EPS (excl. extra items)0.04
Basic Net EPS0.04
Basic shares outstanding (Mill. of Units)134.09
Diluted Net EPS0.04
Diluted average shares (Mill. of Units)138.70
Dividend per share0.36
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About SWCH Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.