SMART Global Holdings Income Statement 2025-2011 | SGH

Brief overview of profit and loss at SMART Global Holdings

The figures are compared over a five-year interval. Revenue reported by SMART Global Holdings was $1.1 billion at the beginning of the period and $338 million at the end. Overall revenue changed by −69.9%, equal to an annualized rate of about −21.3%. Sales followed a declining trajectory over the five years.

The gross result shifted from 216 million dollars to 96.7 million dollars, or −55.3%. Direct costs outpaced revenue, limiting the benefit of changes in sales. Gross margin moved from 19.3% to 28.6%. The margin shift points to a more favorable sales-and-cost structure.

Over the period, EBITDA shifted from 77.8 million dollars to 68.7 million dollars, a change of −11.7%. EBITDA grew faster than revenue, indicating positive operating leverage. Comparing the endpoints gives EBITDA margins of 6.9% and 20.3%. The business generated more EBITDA from each unit of revenue.

The final result was −1.1 million dollars initially and 25.4 million dollars in the final year. The trajectory reversed from a loss to positive earnings.

The market value of the business moved from 864 million dollars to 1.1 billion dollars, or +26.9%. The financial trend was stronger than the market valuation.

Overall conclusion

The five-year picture requires weighing both strengths and weaknesses. Key strengths include a stronger final result, better sales economics and higher operating efficiency. The main areas of concern are a softer top-line trend. Investors should continue to monitor margins, costs, and earnings quality.