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Quarterly report 2023-Q1
added 05-23-2026

Qualtrics International Income Statement 2022-2011 | XM

Brief overview of income trends at Qualtrics International

This overview is based on financial performance over the past five years. The revenue attributed to Qualtrics International moved from $290 million to $1.5 billion between the two endpoints. The cumulative result was +403.1%, corresponding to roughly 38.1% per year. Sales grew at a rate typical of a strong expansion phase.

The gross result shifted from $211 million to $1 billion, or +387.9%. Comparing the endpoints gives gross margins of 72.7% and 70.5%. Weakening gross profitability reduces the quality of the top-line trend.

EBITDA changed from $13.9 million to −$1 billion (−7338.8%). EBITDA lagged revenue, showing weaker operating momentum. EBITDA margin moved from 4.8% to −68.9%. A lower EBITDA share weakens the quality of the result.

Across the five years, the net result shifted from $2.6 million to −$1.1 billion. The emergence of a loss requires close attention to costs and the operating model.

What the figures show

The current trajectory does not yet confirm a sustainable recovery. The constructive conclusion rests on a larger revenue base. The most visible risks are a low EBITDA margin, pressure on operating profitability and pressure from direct costs. The key question is whether sales can be converted into sustainable profit.

Annual Income Statement Qualtrics International

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

9.54 B 18.3 B - - - - - - - - - -

Shares

584 M 517 M 423 M 423 M - - - - - - - -

Historical Prices

16.3 35.4 - - - - - - - - - -

Net Income

-1.06 B -1.06 B -273 M -1.01 B -37.3 M 2.56 M -12 M - - - - -

Revenue

1.46 B 1.08 B 764 M 591 M 402 M 290 M 191 M - - - - -

Cost of Revenue

430 M 285 M 198 M 185 M - - - - - - - -

Gross Profit

1.03 B 790 M 565 M 406 M 299 M 211 M 130 M - - - - -

Operating Income

-1.05 B -1.05 B -255 M -994 M - - - - - - - -

EBITDA

-1 B -1.02 B -230 M -976 M -18.3 M 13.9 M -1.54 M - - - - -

Operating Expenses

2.08 B 1.84 B 820 M 1.4 B 435 M 208 M 140 M - - - - -

General and Administrative Expenses

758 M 877 M 175 M 717 M 74.2 M 26.5 M 21.9 M - - - - -

All numbers in USD currency

Quarterly Income Statement Qualtrics International

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

599 M - - 582 M 576 M - 515 M 514 M 482 M - 423 M 423 M 423 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Net Income

-259 M - -234 M -279 M -292 M - -286 M -263 M -200 M - -85.7 M -128 M -44.8 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Revenue

410 M - 378 M 356 M 336 M - 272 M 249 M 239 M - 193 M 181 M 176 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

123 M - 112 M 104 M 99.3 M - 66.8 M 64.8 M 61.8 M - 49 M 50.1 M 47.9 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

287 M - 266 M 252 M 236 M - 205 M 185 M 177 M - 144 M 131 M 128 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Income

-254 M - -240 M -272 M -291 M - -277 M -274 M -197 M - -82 M -125 M -36.9 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

EBITDA

-240 M - -229 M -261 M -281 M - -270 M -266 M -189 M - -75.9 M -119 M -31.3 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Expenses

540 M - 506 M 524 M 527 M - 482 M 458 M 373 M - 226 M 256 M 165 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

179 M - 182 M 188 M 203 M - 237 M 227 M 174 M - 60.7 M 72 M 22.5 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company Qualtrics International (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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