Citrix Systems Inc
CTXSDelisted Sep 30, 2022- Industry
- Services-Prepackaged Software
- SEC CIK
- 0000877890
Citrix Systems Inc was delisted on Sep 30, 2022; its insiders filed their last Form 4 on Oct 3, 2022; 513 institutions reported holding it in 13F filings for Q3 2022, worth $10.3B in total; Fairfax Financial was the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 11:47 AM 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.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 31, 2022 | Jan 19, 2021 | Jan 22, 2020 | Jan 23, 2019 | Jan 31, 2018 |
| Revenue | $3.22B | $3.24B | $3.01B | $2.97B | $2.82B |
| Cost of revenue | $625.1M | $498.5M | $464.0M | $433.8M | $439.6M |
| Gross profit | $2.59B | $2.74B | $2.55B | $2.54B | $2.39B |
| Operating expenses | $2.36B | $2.13B | $2.01B | $1.86B | $1.81B |
| Selling, general and administrative | $409.6M | $352.1M | $320.4M | $315.3M | $302.6M |
| Operating income | $236.6M | $608.8M | $536.1M | $678.0M | $571.0M |
| Interest expense | $91.8M | $64.7M | $46.0M | $80.2M | $51.6M |
| Income tax | -$140.4M | $50.4M | -$172.3M | $53.8M | $528.4M |
| Net income | $307.5M | $504.4M | $681.8M | $575.7M | -$20.7M |
| EPS, basic | $2.48 | $4.08 | $5.21 | $4.23 | $-0.13 |
| EPS, diluted | $2.44 | $4.00 | $5.03 | $3.94 | $-0.13 |
| Weighted shares, basic | 124.1M | 123.6M | 130.9M | 136.0M | 150.8M |
| Weighted shares, diluted | 126.3M | 126.2M | 135.5M | 145.9M | 155.5M |
| Margins and growth | |||||
| Gross margin | 80.6% | 84.6% | 84.6% | 85.4% | 84.4% |
| Operating margin | 7.4% | 18.8% | 17.8% | 22.8% | 20.2% |
| Net margin | 9.6% | 15.6% | 22.6% | 19.4% | -0.7% |
| Revenue growth, year over year | −0.6% | +7.5% | +1.2% | +5.3% | −17.4% |
| Net income growth, year over year | −39.0% | −26.0% | +18.4% | – | −103.9% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 31, 2022 | Jan 19, 2021 | Jan 22, 2020 | Jan 23, 2019 | Jan 31, 2018 |
| Cash and equivalents | $514.0M | $752.9M | $545.8M | $618.8M | $1.12B |
| Short-term investments | – | – | – | – | $632.5M |
| Accounts receivable | $885.3M | $858.0M | $720.4M | $688.4M | $712.5M |
| Inventory | $23.2M | $20.1M | $15.9M | $21.9M | $13.9M |
| Total current assets | $1.72B | $1.99B | $1.51B | $2.09B | $2.62B |
| Property, plant and equipment | $219.0M | $208.8M | $231.9M | $243.4M | $252.9M |
| Goodwill | $3.40B | $1.80B | $1.80B | $1.80B | $1.61B |
| Intangible assets | $760.3M | $81.5M | $108.5M | $167.2M | $142.0M |
| Total assets | $6.98B | $4.89B | $4.39B | $5.14B | $5.82B |
| Accounts payable | $165.3M | $92.3M | $84.5M | $75.6M | $66.9M |
| Total current liabilities | $2.35B | $2.15B | $1.83B | $2.91B | $1.69B |
| Long-term debt | $3.33B | $1.73B | $742.9M | $741.8M | $2.13B |
| Total liabilities | – | – | – | $4.58B | – |
| Shareholders' equity | $547.3M | $112.1M | $837.7M | $551.5M | $992.5M |
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 | FY2017 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 31, 2022 | Jan 19, 2021 | Jan 22, 2020 | Jan 23, 2019 | Jan 31, 2018 |
| Operating cash flow | $671.7M | $935.8M | $783.1M | $1.04B | $908.3M |
| Capital expenditures | $83.4M | $41.4M | $63.5M | $69.4M | $80.9M |
| Free cash flow | $588.2M | $894.4M | $719.6M | $966.0M | $827.4M |
| Stock-based compensation | $346.8M | $307.7M | $278.9M | $203.6M | $165.1M |
| Dividends paid | $183.8M | $172.0M | $182.9M | $46.8M | – |
| Share buybacks | $0 | $1.29B | $453.9M | $1.26B | $1.17B |
| Investing cash flow | -$2.00B | -$138.3M | $1.04B | $132.2M | -$63.9M |
| Financing cash flow | $1.09B | -$595.2M | -$1.89B | -$1.66B | -$694.4M |
| Net change in cash | -$238.9M | $207.1M | -$73.0M | -$496.4M | $158.2M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 10.8% | 9.5% | 9.3% | 6.8% | 5.8% |
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.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Jul 18, 2022 | 126.9M | +2.1% | SEC |
| Apr 27, 2022 | 126.6M | +1.9% | SEC |
| Feb 7, 2022 | 125.5M | +2.1% | SEC |
| Nov 1, 2021 | 124.7M | +1.3% | SEC |
| Jul 23, 2021 | 124.2M | +0.6% | SEC |
| Apr 29, 2021 | 124.2M | +0.6% | SEC |
| Feb 1, 2021 | 123.0M | +0.5% | SEC |
| Oct 23, 2020 | 123.1M | −5.4% | SEC |
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.