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Cutera CUTR
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Quarterly report 2024-Q3
added 05-30-2026

Cutera Income Statement 2023-2008 | CUTR

Brief overview of revenue and earnings at Cutera

The figures are compared over a five-year interval. The revenue attributed to Cutera moved from $45.5 million to $49.5 million between the two endpoints. Overall revenue changed by +9%, equal to an annualized rate of about 1.7%. The scale of the core business was largely unchanged.

Gross profit changed from $80.4 million to −$12.7 million (−115.8%). The cost base moved against the top-line trend and weighed on the gross result. Gross margin moved from 176.8% to −25.6%. The margin decline reflects a less favorable sales-and-cost structure.

The operating result measured by EBITDA moved from −12.2 million dollars to −148 million dollars, or −1115.9%. Changes in revenue did not translate into comparable EBITDA performance. The EBITDA share of revenue changed from −26.8% to −299%. The business retained less EBITDA from each unit of revenue.

The net financial result changed from −30.8 million dollars to −57.2 million dollars. Profitability deteriorated further over the five years.

The five-year change in capitalization reached −80.5%: from $239 million to $46.5 million. Lower capitalization reflects weaker investor expectations.

Overall conclusion

The financial trajectory is weak and requires a cautious interpretation. Caution is warranted because of limited revenue growth, pressure on operating profitability and a weaker market valuation. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.

Annual Income Statement Cutera

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

46.5 M 442 M 686 M 590 M 349 M 239 M 625 M 270 M 165 M 183 M 150 M 183 M 130 M - - -

Shares

19.9 M 18.7 M 17.9 M 16.7 M 14.1 M 13.9 M 13.9 M 13.2 M 14 M 14.3 M 14 M 14.2 M 13.9 M 13.5 M - -

Historical Prices

2.34 23.6 38.4 35.3 24.8 17.1 45 20.4 11.8 12.8 10.7 12.9 9.35 - - -

Net Income

-57.2 M -7.79 M 2.06 M -23.9 M -12.3 M -30.8 M 30 M 2.58 M -4.44 M -10.6 M -4.75 M -6.55 M -10.1 M -10.5 M -17.7 M -

Revenue

49.5 M 67.4 M 231 M 49.9 M 51.8 M 45.5 M 47.6 M 37.9 M 94.8 M 78.1 M 74.6 M 77.3 M 60.3 M 53.3 M 53.7 M -

Cost of Revenue

171 M 113 M 98.2 M 21.9 M 23 M 26.7 M 20.3 M 16 M 40.5 M 34.8 M 32.7 M 35.7 M 26 M 23.1 M 21.8 M -

Gross Profit

-12.7 M 38.7 M 133 M 75.8 M 98.2 M 80.4 M 86.1 M 68.1 M 54.3 M 43.4 M 41.9 M 41.5 M 34.3 M 30.2 M 31.9 M -

Operating Income

-156 M -38.2 M 1.83 M -22.8 M -12.1 M -13.4 M 11.1 M 2.4 M -4.52 M -10.6 M -5.26 M -6.83 M -10.4 M -11.1 M -10.3 M -

Interest Expense

-244 K -4.3 M -2.42 M 68 K -199 K - - - - 8 K 105 K 105 K 614 K 583 K 1.57 M -

EBITDA

-148 M -32.4 M 5.02 M -18.8 M -10.6 M -12.2 M 12.1 M 3.38 M -3.34 M -9.28 M -3.95 M -5.22 M -9.8 M -10.4 M -9.48 M -

Operating Expenses

198 M 178 M 131 M 98.6 M 110 M 93.8 M 75 M 65.7 M 58.8 M 54 M 47.1 M 48.4 M 44.7 M 41.3 M 42.3 M -

General and Administrative Expenses

63.3 M 45.9 M 32.9 M 31.5 M 24 M 21 M 14.1 M 12.9 M 12.1 M 11.2 M 9.94 M 11.3 M 10.1 M 9.58 M 10.3 M -

All numbers in USD currency

Quarterly Income Statement Cutera

2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

20.2 M 20.1 M 20 M 20 M 19.9 M 19.9 M 19.8 M 19.7 M 19.6 M 18.7 M 18.1 M 18 M 17.9 M 17.9 M 17.8 M 17.7 M 17.6 M 17.1 M 14.4 M 14.3 M 14.2 M 14.1 M 14 M 13.9 M 13.9 M 13.7 M 13.6 M 13.7 M 14 M 13.9 M 13.8 M 13.6 M 13.2 M 13.1 M 13 M 13 M 13.8 K 14.4 K 14.6 K 14.4 M 14.3 M 14.2 M 14 M 14 M 14.5 M 14.7 M 14.4 M 14.2 M 14.1 M 14.1 M 14 M 13.9 M 13.9 M 13.6 M 13.7 M

Net Income

-39 M -24.7 M -22.8 M - -44.3 M -33.3 M -28 M - -12.1 M -47.3 M -15.1 M - -1.39 M 7.75 M -359 K 2.19 M -2.26 M -11.4 M -12.4 M -2.09 M -2.63 M 588 K -8.22 M -26.3 M -873 K -1.57 M -2.03 M 22.9 M 6.19 M 1.95 M -1.02 M 4.21 M 1.64 M -1.23 M -2.05 M 2.05 M -957 K -1.89 M -3.64 M -1.62 M -2.64 M -2.74 M -3.61 M -278 K -1.67 M -638 K -2.16 M 1.08 M -892 K -1.47 M -5.27 M -887 K -2.86 M -2.46 M -3.86 M

Revenue

32.5 M 34.4 M 38.8 M - 46.5 M 61.8 M 54.5 M - 62.8 M 64.2 M 58 M - 57.4 M 58.6 M 49.7 M 49.9 M 39.1 M 26.4 M 32.2 M 51.8 M 46.1 M 47.8 M 36 M 45.5 M 40.6 M 42.6 M 34.1 M 47.6 M 38.2 M 36.4 M 29.3 M 37.9 M 30.3 M 27.5 M 22.4 M 30 M 23.1 M 22.6 M 19.1 M 25.5 M 18.7 M 17.7 M 16.2 M 22.2 M 16.8 M 19.6 M 16 M 22.5 M 19.4 M 19.6 M 15.7 M 18.5 M 15.2 M 14.9 M 11.6 M

Cost of Revenue

30.7 M 26.7 M 26.4 M - 40 M 35.7 M 32.9 M - 28.6 M 29.2 M 26.2 M - 24 M 24.8 M 22 M 21.9 M 17.4 M 14.7 M 17.9 M 23 M 19.9 M 21.9 M 18.7 M 26.7 M 18.7 M 20.2 M 16.8 M 20.3 M 16 M 15.3 M 13.8 M 16 M 12.5 M 11.5 M 9.95 M 12.1 M 9.59 M 9.69 M 9.05 M 11.7 M 7.94 M 7.85 M 7.3 M 9.2 M 7.65 M 8.44 M 7.42 M 9.79 M 8.83 M 9.27 M 7.84 M 7.51 M 6.77 M 6.48 M 5.22 M

Gross Profit

1.81 M 7.64 M 12.4 M - 6.46 M 26.1 M 21.6 M - 34.2 M 35 M 31.8 M - 33.4 M 33.8 M 27.7 M 28.1 M 21.7 M 11.6 M 14.3 M 28.8 M 26.2 M 25.8 M 17.3 M 18.8 M 21.9 M 22.4 M 17.3 M 27.3 M 22.2 M 21 M 15.5 M 21.9 M 17.7 M 16 M 12.5 M 17.9 M 13.5 M 12.9 M 10 M 13.8 M 10.8 M 9.88 M 8.89 M 13 M 9.18 M 11.1 M 8.55 M 12.7 M 10.6 M 10.3 M 7.88 M 11 M 8.46 M 8.42 M 6.4 M

Operating Income

-36.2 M -21.8 M -19.4 M - -40.9 M -31.2 M -26.6 M - -9.43 M -10.1 M -13.2 M - 626 K 2.07 M 1.16 M 1.44 M -1.21 M -10.9 M -12.1 M -1.93 M -2.41 M 299 K -8.03 M -5.49 M -998 K -2.16 M -4.75 M 4.54 M 6.22 M 1.73 M -1.41 M 4.44 M 1.54 M -1.42 M -2.17 M 2 M -984 K -1.93 M -3.6 M -1.59 M -2.54 M -2.84 M -3.65 M -340 K -1.98 M -623 K -2.32 M 1.07 M -1.11 M -1.52 M -5.27 M -934 K -2.63 M -2.86 M -4.01 M

Interest Expense

575 K -387 K -1.32 M - -1.95 M -453 K -163 K - 265 K -1.53 M -755 K - -561 K -392 K 243 K - -382 K 3 K - - - - - - - - - - - - - - - - - - - - - 8 K - 138 K 80 K 105 K 140 K 75 K 135 K 105 K 152 K 144 K 96 K 140 K 91 K 199 K 184 K

EBITDA

-36.2 M -21.8 M -19.4 M - -36.2 M -27.2 M -23 M - -8.24 M -9 M -12.1 M - 626 K 2.07 M 1.16 M 1.44 M -155 K -10.2 M -11.8 M -1.93 M -1.22 M 1.11 M -7.62 M -5.49 M -149 K -1.61 M -4.5 M 4.54 M 6.97 M 2.22 M -1.16 M 4.44 M 2.27 M -932 K -1.93 M 2 M -72 K -1.31 M -3.28 M -1.59 M -1.55 M -2.18 M -3.32 M -340 K -1 M 23 K -2 M 1.07 M 78 K -753 K -4.92 M -934 K -2.14 M -2.54 M -3.85 M

Operating Expenses

38 M 29.4 M 31.9 M - 47.4 M 57.2 M 48.2 M - 43.7 M 45.1 M 44.9 M - 32.8 M 31.7 M 26.5 M 26.6 M 23 M 22.6 M 26.5 M 30.7 M 28.6 M 25.5 M 25.3 M 24.3 M 22.9 M 24.5 M 22.1 M 22.8 M 16 M 19.3 M 16.9 M 17.5 M 16.2 M 17.4 M 14.6 M 15.9 M 14.5 M 14.8 M 13.6 M 15.4 M 13.3 M 12.7 M 12.5 M 13.4 M 11.2 M 11.7 M 10.9 M 11.7 M 11.7 M 11.8 M 13.1 M 12 M 11.1 M 11.3 M 10.4 M

General and Administrative Expenses

14.7 M 4.32 M 12.9 M - 17 M 18.2 M 12.3 M - 10.8 M 11.2 M 13.5 M - 7.81 M 8.46 M 7.36 M 7.94 M 7.24 M 8.53 M 7.81 M 5.93 M 7.31 M 5.27 M 5.52 M 5.49 M 5.16 M 4.9 M 5.44 M 3.95 M 3.38 M 3.55 M 3.22 M 3.01 M 2.72 M 4 M 3.22 M 3.19 M 2.94 M 3.01 M 2.99 M 3.41 M 2.9 M 2.34 M 2.56 M 3.14 M 2.16 M 2.35 M 2.29 M 2.45 M 2.48 M 2.85 M 3.5 M 2.88 M 2.31 M 2.59 M 2.33 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Cutera (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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