IRobot Historical Income Statement

IRBT Stock  USD 9.61  0.34  3.67%   
Historical analysis of IRobot income statement accounts such as Total Revenue of 632.4 M or Gross Profit of 254.6 M can show how well iRobot performed in making a profits. Evaluating IRobot income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IRobot's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining iRobot 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 iRobot is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iRobot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy IRobot Stock please use our How to Invest in IRobot guide.

About IRobot Income Statement Analysis

iRobot 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 IRobot shareholders. The income statement also shows IRobot 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).

IRobot Income Statement Chart

At this time, IRobot's Interest Expense is comparatively stable compared to the past year. Gross Profit is likely to gain to about 254.6 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 622.6 M in 2024.

Total Revenue

Total revenue comprises all receipts iRobot 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 iRobot minus its cost of goods sold. It is profit before IRobot 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 iRobot. It is also known as IRobot 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from IRobot's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into iRobot 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iRobot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy IRobot Stock please use our How to Invest in IRobot guide.At this time, IRobot's Interest Expense is comparatively stable compared to the past year. Gross Profit is likely to gain to about 254.6 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 622.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit550.3M350.1M185.2M254.6M
Total Revenue1.6B1.2B866.2M632.4M

IRobot income statement Correlations

0.650.710.520.75-0.36-0.360.78-0.30.770.71-0.330.310.750.64-0.30.21-0.350.240.07-0.40.640.8
0.650.880.710.94-0.25-0.250.91-0.160.910.97-0.260.480.940.94-0.220.06-0.30.070.04-0.070.690.76
0.710.880.90.970.040.040.880.130.960.960.060.410.970.890.090.450.020.46-0.020.090.630.77
0.520.710.90.770.380.380.740.470.740.790.390.550.80.730.420.640.350.640.190.210.450.6
0.750.940.970.77-0.19-0.190.91-0.10.990.99-0.170.340.990.94-0.140.25-0.20.26-0.090.00.720.82
-0.36-0.250.040.38-0.191.0-0.331.0-0.2-0.171.00.23-0.17-0.241.00.790.990.780.290.72-0.52-0.39
-0.36-0.250.040.38-0.191.0-0.331.0-0.2-0.171.00.23-0.17-0.241.00.790.990.780.290.72-0.52-0.39
0.780.910.880.740.91-0.33-0.33-0.240.890.92-0.330.390.920.91-0.30.05-0.360.07-0.03-0.330.810.89
-0.3-0.160.130.47-0.11.01.0-0.24-0.12-0.070.990.28-0.07-0.151.00.820.980.80.310.72-0.44-0.3
0.770.910.960.740.99-0.2-0.20.89-0.120.96-0.170.270.970.9-0.150.27-0.20.28-0.16-0.010.690.81
0.710.970.960.790.99-0.17-0.170.92-0.070.96-0.160.440.990.97-0.130.22-0.190.220.010.020.740.82
-0.33-0.260.060.39-0.171.01.0-0.330.99-0.17-0.160.17-0.15-0.251.00.831.00.820.230.72-0.52-0.36
0.310.480.410.550.340.230.230.390.280.270.440.170.410.440.230.230.140.230.830.150.270.2
0.750.940.970.80.99-0.17-0.170.92-0.070.970.99-0.150.410.96-0.120.26-0.180.26-0.010.00.770.84
0.640.940.890.730.94-0.24-0.240.91-0.150.90.97-0.250.440.96-0.210.07-0.280.070.05-0.030.840.85
-0.3-0.220.090.42-0.141.01.0-0.31.0-0.15-0.131.00.23-0.12-0.210.840.990.820.290.72-0.49-0.34
0.210.060.450.640.250.790.790.050.820.270.220.830.230.260.070.840.831.00.190.58-0.20.03
-0.35-0.30.020.35-0.20.990.99-0.360.98-0.2-0.191.00.14-0.18-0.280.990.830.810.230.72-0.53-0.38
0.240.070.460.640.260.780.780.070.80.280.220.820.230.260.070.821.00.810.180.56-0.20.05
0.070.04-0.020.19-0.090.290.29-0.030.31-0.160.010.230.83-0.010.050.290.190.230.180.20.03-0.11
-0.4-0.070.090.210.00.720.72-0.330.72-0.010.020.720.150.0-0.030.720.580.720.560.2-0.32-0.37
0.640.690.630.450.72-0.52-0.520.81-0.440.690.74-0.520.270.770.84-0.49-0.2-0.53-0.20.03-0.320.88
0.80.760.770.60.82-0.39-0.390.89-0.30.810.82-0.360.20.840.85-0.340.03-0.380.05-0.11-0.370.88
Click cells to compare fundamentals

IRobot Account Relationship Matchups

IRobot income statement Accounts

201920202021202220232024 (projected)
Interest Expense12.2M41.6M29.4M21.3M24.7M25.9M
Selling General Administrative83.1M100.8M99.2M118.1M109.1M60.5M
Total Revenue1.2B1.4B1.6B1.2B866.2M632.4M
Gross Profit543.9M670.2M550.3M350.1M185.2M254.6M
Other Operating Expenses1.1B1.3B1.6B1.4B1.1B622.6M
Operating Income86.6M146.3M(1.1M)(240.4M)(265.7M)(252.4M)
Ebit86.6M146.3M(1.1M)(240.4M)(265.7M)(252.4M)
Research Development141.6M156.7M161.3M166.5M144.1M151.3M
Ebitda123.8M181.1M32.2M(192.5M)(232.9M)(221.3M)
Cost Of Revenue670.1M760.2M1.0B833.3M681.0M377.8M
Total Operating Expenses457.3M523.9M551.4M590.5M450.9M244.8M
Net Income85.3M147.1M30.4M(286.3M)(304.7M)(289.5M)
Income Tax Expense13.5M40.8M(2.1M)24.6M11.7M10.4M
Selling And Marketing Expenses231.5M265.5M289.8M293.3M201.7M126.2M
Depreciation And Amortization37.2M34.8M33.3M47.9M32.8M19.9M
Income Before Tax98.8M187.9M28.3M(261.7M)(293.1M)(278.4M)
Total Other Income Expense Net12.2M41.6M29.4M(21.3M)(27.3M)(26.0M)
Net Income Applicable To Common Shares85.3M147.1M30.4M(286.3M)(257.7M)(244.8M)
Net Income From Continuing Ops85.3M147.1M30.4M(286.3M)(304.7M)(289.5M)
Non Operating Income Net Other12.2M41.6M29.4M(21.3M)(24.5M)(23.3M)
Tax Provision13.5M40.8M(2.1M)24.6M11.7M15.4M
Reconciled Depreciation37.2M34.8M33.3M47.9M32.8M39.0M

Pair Trading with IRobot

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IRobot position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IRobot will appreciate offsetting losses from the drop in the long position's value.

Moving together with IRobot Stock

  0.63VIOT Viomi Technology ADRPairCorr
  0.73EFOI Energy FocuPairCorr

Moving against IRobot Stock

  0.55HBB Hamilton Beach BrandsPairCorr
  0.52FLXS Flexsteel Industries Fiscal Year End 19th of August 2024 PairCorr
  0.48NVFY Nova Lifestyle IPairCorr
  0.44NTZ Natuzzi SpAPairCorr
The ability to find closely correlated positions to IRobot could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IRobot when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IRobot - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iRobot to buy it.
The correlation of IRobot is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IRobot moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iRobot moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IRobot can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for IRobot Stock Analysis

When running IRobot's price analysis, check to measure IRobot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IRobot is operating at the current time. Most of IRobot's value examination focuses on studying past and present price action to predict the probability of IRobot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRobot's price. Additionally, you may evaluate how the addition of IRobot to your portfolios can decrease your overall portfolio volatility.