Avalara, Inc.
AVLRDelisted Oct 19, 2022- Industry
- Services-Prepackaged Software
- SEC CIK
- 0001348036
Avalara, Inc. was delisted on Oct 19, 2022; its insiders filed their last Form 4 on Oct 19, 2022; 385 institutions reported holding it in 13F filings for Q3 2022, worth $7.92B in total; no superinvestor held it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:52 PM ET
Revenue flow, FY2021
Where the revenue went in FY2021, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2021: $135.6M (19.4% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
| Filing | 10-K/A | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2022 | Feb 10, 2021 | Feb 12, 2020 | Feb 12, 2019 |
| Revenue | $699.0M | $500.6M | $382.4M | $272.1M |
| Cost of revenue | $206.3M | $143.1M | $115.3M | $78.6M |
| Gross profit | $492.6M | $357.5M | $267.1M | $193.4M |
| Operating expenses | $609.6M | $419.4M | $323.0M | $269.5M |
| Research and development | $171.0M | $119.7M | $82.4M | $51.9M |
| Selling, general and administrative | $140.1M | $95.2M | $71.9M | $39.6M |
| Operating income | -$116.9M | -$62.0M | -$55.9M | -$76.1M |
| Interest expense | $2.31M | – | $289.0K | $2.61M |
| Income tax | $3.31M | -$8.31M | $955.0K | -$976.0K |
| Net income | -$135.6M | -$49.2M | -$50.2M | -$75.5M |
| Weighted shares, basic | 86.3M | 81.0M | 73.3M | 38.7M |
| Weighted shares, diluted | 86.3M | 81.0M | 73.3M | 38.7M |
| Margins and growth | ||||
| Gross margin | 70.5% | 71.4% | 69.9% | 71.1% |
| Operating margin | -16.7% | -12.4% | -14.6% | -28.0% |
| Net margin | -19.4% | -9.8% | -13.1% | -27.8% |
| Revenue growth, year over year | +39.6% | +30.9% | +40.5% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
| Filing | 10-K/A | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2022 | Feb 10, 2021 | Feb 12, 2020 | Feb 12, 2019 |
| Cash and equivalents | $1.51B | $673.6M | $466.9M | $142.3M |
| Accounts receivable | $114.2M | $75.9M | $51.6M | $40.3M |
| Total current assets | $1.78B | $832.9M | $566.8M | $207.3M |
| Property, plant and equipment | $46.5M | $34.7M | $35.0M | $33.4M |
| Goodwill | $672.4M | $513.2M | $101.2M | $61.3M |
| Intangible assets | $96.8M | $86.5M | $22.9M | $19.4M |
| Total assets | $2.70B | $1.60B | $807.3M | $322.9M |
| Accounts payable | $16.7M | $20.3M | $11.7M | – |
| Total current liabilities | $567.7M | $378.9M | $271.7M | $185.7M |
| Total liabilities | $1.67B | $522.2M | $343.5M | $213.4M |
| Shareholders' equity | $1.03B | $1.08B | $463.7M | $109.6M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
| Filing | 10-K/A | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2022 | Feb 10, 2021 | Feb 12, 2020 | Feb 12, 2019 |
| Operating cash flow | $34.1M | $42.6M | $22.4M | -$3.06M |
| Capital expenditures | $7.66M | $4.50M | $10.2M | $15.5M |
| Free cash flow | $26.5M | $38.1M | $12.2M | -$18.5M |
| Depreciation and amortization | $36.5M | $20.2M | $15.8M | $12.8M |
| Stock-based compensation | $98.5M | $48.2M | $34.3M | $15.9M |
| Share buybacks | – | – | $0 | $1.81M |
| Investing cash flow | -$100.3M | -$378.1M | -$52.1M | -$20.4M |
| Financing cash flow | $918.9M | $606.1M | $354.4M | $151.4M |
| Net change in cash | $852.1M | $270.5M | $324.6M | $128.2M |
| Ratio | ||||
| Stock-based compensation, % of revenue | 14.1% | 9.6% | 9.0% | 5.9% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.