SEATTLE GENETICS INC /WA

EDGAR

147 filing records in this dataset, filed from 2001-05-14 to 2023-11-01. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

649 million USD

2023 Q3 · USD

Exact inputs and evidence

Operating margin

-35.66%

2023 Q3 · %

Exact inputs and evidence
  • Operating Income: -231338000 USD Source
  • Revenue: 648650000 USD Source

Operating cash flow

-35.8 million USD

2023 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -460711000 USD Source
  • Operating Cash Flow: -424888000 USD Source

Free cash flow

-79.8 million USD

2023 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -460711000 USD Source
  • Operating Cash Flow: -424888000 USD Source
  • Capital Expenditure: 131815000 USD Source
  • Capital Expenditure: 87885000 USD Source
Cash and cash equivalents
429 million USD Source
Exact value

428568000 USD

Long-term debt including current maturities
Not available
Shares outstanding
189 million shares Source
Exact value

188628000 shares

Reported share-count change

1.83% · 3.39 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 185234000 shares · 2022-09-30· Source
  • 188628000 shares · 2023-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

2.3 billion USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Revenue: 1962412000 USD · 2022-01-01 – 2022-12-31 Source
  • Revenue: 1434262000 USD · 2022-01-01 – 2022-09-30 Source
  • Revenue: 519719000 USD · 2023-01-01 – 2023-03-31 Source
  • Revenue: 603832000 USD · 2023-04-01 – 2023-06-30 Source
  • Revenue: 648650000 USD · 2023-07-01 – 2023-09-30 Source

Net income

-750 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Net income: -610308000 USD · 2022-01-01 – 2022-12-31 Source
  • Net income: -462137000 USD · 2022-01-01 – 2022-09-30 Source
  • Net income: -174737000 USD · 2023-01-01 – 2023-03-31 Source
  • Net income: -211528000 USD · 2023-04-01 – 2023-06-30 Source
  • Net income: -215789000 USD · 2023-07-01 – 2023-09-30 Source

Operating cash flow

-540 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Operating cash flow: -453751000 USD · 2022-01-01 – 2022-12-31 Source
  • Operating cash flow: -374311000 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: -249643000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: -424888000 USD · 2023-01-01 – 2023-06-30 Source
  • Operating cash flow: -249643000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: -460711000 USD · 2023-01-01 – 2023-09-30 Source
  • Operating cash flow: -424888000 USD · 2023-01-01 – 2023-06-30 Source

Capital expenditure

161 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Capital expenditure: 77340000 USD · 2022-01-01 – 2022-12-31 Source
  • Capital expenditure: 48095000 USD · 2022-01-01 – 2022-09-30 Source
  • Capital expenditure: 38655000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 87885000 USD · 2023-01-01 – 2023-06-30 Source
  • Capital expenditure: 38655000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 131815000 USD · 2023-01-01 – 2023-09-30 Source
  • Capital expenditure: 87885000 USD · 2023-01-01 – 2023-06-30 Source

Free cash flow

-701 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Operating cash flow: -453751000 USD · 2022-01-01 – 2022-12-31 Source
  • Operating cash flow: -374311000 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: -249643000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: -424888000 USD · 2023-01-01 – 2023-06-30 Source
  • Operating cash flow: -249643000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: -460711000 USD · 2023-01-01 – 2023-09-30 Source
  • Operating cash flow: -424888000 USD · 2023-01-01 – 2023-06-30 Source
  • Capital expenditure: 77340000 USD · 2022-01-01 – 2022-12-31 Source
  • Capital expenditure: 48095000 USD · 2022-01-01 – 2022-09-30 Source
  • Capital expenditure: 38655000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 87885000 USD · 2023-01-01 – 2023-06-30 Source
  • Capital expenditure: 38655000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 131815000 USD · 2023-01-01 – 2023-09-30 Source
  • Capital expenditure: 87885000 USD · 2023-01-01 – 2023-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2023-11-01.

Financial data available through: 2022-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2022-12-31
  • Operating income: 11 of 11 periods available· newest 2022-12-31
  • Net income: 11 of 11 periods available· newest 2022-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2022-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2022-12-31
  • Total assets: 11 of 11 periods available· newest 2022-12-31
  • liabilities: No compatible figures in this window
  • Current assets: 11 of 11 periods available· newest 2022-12-31
  • Current liabilities: 11 of 11 periods available· newest 2022-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2022-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 11 of 11 periods available· newest 2022-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +24.6%

    Prior period

    USD 1.57 billion

    –

    Current period

    USD 1.96 billion

    –

    Exact inputs and evidence

    1962412000 − 1574371000 = 388041000 USD

    1574371000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    1962412000 USD · 2022-01-01 – 2022-12-31

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  • Net income

    +USD 64.16 million

    Prior period

    −USD 674.47 million

    –

    Current period

    −USD 610.31 million

    –

    Exact inputs and evidence

    -610308000 − -674471000 = 64163000 USD

    -674471000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    -610308000 USD · 2022-01-01 – 2022-12-31

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  • Operating cash flow

    +USD 45.26 million

    Prior period

    −USD 499.01 million

    –

    Current period

    −USD 453.75 million

    –

    Exact inputs and evidence

    -453751000 − -499007000 = 45256000 USD

    -499007000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    -453751000 USD · 2022-01-01 – 2022-12-31

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  • Capital expenditure

    +47.8%

    Prior period

    USD 52.33 million

    –

    Current period

    USD 77.34 million

    –

    Exact inputs and evidence

    77340000 − 52330000 = 25010000 USD

    52330000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    77340000 USD · 2022-01-01 – 2022-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2022 2022-01-01 – 2022-12-31

  • Revenue USD 1.96 billion 100% of revenue
  • Cost of revenue USD 410.06 million 21% of revenue
  • Operating expenses USD 2.17 billion 110% of revenue
  • Operating income −USD 612.97 million −31% of revenue
  • Tax, interest and other Derived −USD 2.66 million −0.1% of revenue
  • Net income −USD 610.31 million −31% of revenue

Cash

  • Operating cash flow −USD 453.75 million −23% of revenue
  • Capital expenditure USD 77.34 million 3.9% of revenue
  • Free cash flow Derived −USD 531.09 million −27% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2013 Operating loss: operating costs were 123% of revenue.
  • 2014 Operating loss: operating costs were 127% of revenue.
  • 2015 Operating loss: operating costs were 136% of revenue.
  • 2016 Operating loss: operating costs were 134% of revenue.
  • 2017 Operating loss: operating costs were 141% of revenue.
  • 2018 Operating loss: operating costs were 140% of revenue.
  • 2019 Operating loss: operating costs were 124% of revenue.
  • 2020 Net income was higher than operating income, so the split is not drawn.
  • 2021 Operating loss: operating costs were 143% of revenue.
  • 2022 Operating loss: operating costs were 131% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2013 2013-01-01 – 2013-12-31269264000 332125000 Derived -62861000 -341000 Derived -62520000 -23264000 Derived
Source
2014 2014-01-01 – 2014-12-31286758000 364121000 Derived -77363000 -1222000 Derived -76141000 -77175000 Derived
Source
2015 2015-01-01 – 2015-12-31336802000 457752000 Derived -120950000 -464000 Derived -120486000 -146595000 Derived
Source
2016 2016-01-01 – 2016-12-31418147000 560872000 Derived -142725000 -2614000 Derived -140111000 -124806000 Derived
Source
2017 2017-01-01 – 2017-12-31482250000 678051000 Derived -195801000 -70271000 Derived -125530000 -147622000 Derived
Source
2018 2018-01-01 – 2018-12-31654700000 914698000 Derived -259998000 -37305000 Derived -222693000 -224755000 Derived
Source
2019 2019-01-01 – 2019-12-31916713000 1137258000 Derived -220545000 -61895000 Derived -158650000 -234490000 Derived
Source
2020 2020-01-01 – 2020-12-312175536000 1578684000 Derived 596852000 -16818000 Derived 613670000 774159000 Derived
Source
2021 2021-01-01 – 2021-12-311574371000 2256427000 Derived -682056000 -7585000 Derived -674471000 -551337000 Derived
Source
2022 2022-01-01 – 2022-12-311962412000 2575382000 Derived -612970000 -2662000 Derived -610308000 -531091000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 2B 2022
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.3B1.8B1.2B587.4M0.0201320182022
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2013Revenue269264000
2014Revenue286758000
2015Revenue336802000
2016Revenue418147000
2017Revenue482250000
2018Revenue654700000
2019Revenue916713000
2020Revenue2175536000
2021Revenue1574371000
2022Revenue1962412000

Revenue growth

Change in revenue from the same financial period one year earlier.

24.6% 2022
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.151%103%55%7%-41%201320182022
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2013Year over year27.7%
2014Year over year6.5%
2015Year over year17.5%
2016Year over year24.2%
2017Year over year15.3%
2018Year over year35.8%
2019Year over year40%
2020Year over year137.3%
2021Year over year-27.6%
2022Year over year24.6%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -31.2% 2022
Net margin -31.1% 2022
Free cash flow margin -27.1% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.42%19%-4%-27%-50%201320182022
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2013Operating margin-23.3%
2014Operating margin-27%
2015Operating margin-35.9%
2016Operating margin-34.1%
2017Operating margin-40.6%
2018Operating margin-39.7%
2019Operating margin-24.1%
2020Operating margin27.4%
2021Operating margin-43.3%
2022Operating margin-31.2%
2013Net margin-23.2%
2014Net margin-26.6%
2015Net margin-35.8%
2016Net margin-33.5%
2017Net margin-26%
2018Net margin-34%
2019Net margin-17.3%
2020Net margin28.2%
2021Net margin-42.8%
2022Net margin-31.1%
2013Free cash flow margin-8.6%
2014Free cash flow margin-26.9%
2015Free cash flow margin-43.5%
2016Free cash flow margin-29.8%
2017Free cash flow margin-30.6%
2018Free cash flow margin-34.3%
2019Free cash flow margin-25.6%
2020Free cash flow margin35.6%
2021Free cash flow margin-35%
2022Free cash flow margin-27.1%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -453.8M 2022
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.965.0M571.9M178.8M-214.3M-607.5M201320182022
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2013Operating cash flow-1110000
2014Operating cash flow-59999000
2015Operating cash flow-133203000
2016Operating cash flow-96971000
2017Operating cash flow-118900000
2018Operating cash flow-203536000
2019Operating cash flow-163737000
2020Operating cash flow856568000
2021Operating cash flow-499007000
2022Operating cash flow-453751000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -531.1M 2022
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.880.2M495.8M111.4M-273.0M-657.4M201320182022
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2013Free cash flow-23264000
2014Free cash flow-77175000
2015Free cash flow-146595000
2016Free cash flow-124806000
2017Free cash flow-147622000
2018Free cash flow-224755000
2019Free cash flow-234490000
2020Free cash flow774159000
2021Free cash flow-551337000
2022Free cash flow-531091000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2013-12-31Liabilities / assetsNot reported
2014-12-31Liabilities / assetsNot reported
2015-12-31Liabilities / assetsNot reported
2016-12-31Liabilities / assetsNot reported
2017-12-31Liabilities / assetsNot reported
2018-12-31Liabilities / assetsNot reported
2019-12-31Liabilities / assetsNot reported
2020-12-31Liabilities / assetsNot reported
2021-12-31Liabilities / assetsNot reported
2022-12-31Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

3.42× 2022
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.8.52×6.39×4.26×2.13×0.00×201320182022
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2013Current assets / current liabilities4.41×
2014Current assets / current liabilities3.24×
2015Current assets / current liabilities5.74×
2016Current assets / current liabilities4.95×
2017Current assets / current liabilities3.45×
2018Current assets / current liabilities2.9×
2019Current assets / current liabilities4.54×
2020Current assets / current liabilities7.89×
2021Current assets / current liabilities5.04×
2022Current assets / current liabilities3.42×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2013 2013-01-01 – 2013-12-31
−USD 62.52 million
Exact value

Exact value: -62520000 USD

2013-01-01 – 2013-12-31: -62520000 USD Inspect Net Income Open source
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−USD 1.11 million
Exact value

Exact value: -1110000 USD

2013-01-01 – 2013-12-31: -1110000 USD Inspect Operating Cash Flow Open source
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USD 22.15 million
Exact value

Exact value: 22154000 USD

2013-01-01 – 2013-12-31: 22154000 USD Inspect Capital Expenditure Open source
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−USD 23.26 million
Calculation and evidence

-1110000 − 22154000 USD

Exact free cash flow: -23264000 USD

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2014 2014-01-01 – 2014-12-31
−USD 76.14 million
Exact value

Exact value: -76141000 USD

2014-01-01 – 2014-12-31: -76141000 USD Inspect Net Income Open source
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−USD 60 million
Exact value

Exact value: -59999000 USD

2014-01-01 – 2014-12-31: -59999000 USD Inspect Operating Cash Flow Open source
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USD 17.18 million
Exact value

Exact value: 17176000 USD

2014-01-01 – 2014-12-31: 17176000 USD Inspect Capital Expenditure Open source
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−USD 77.18 million
Calculation and evidence

-59999000 − 17176000 USD

Exact free cash flow: -77175000 USD

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2015 2015-01-01 – 2015-12-31
−USD 120.49 million
Exact value

Exact value: -120486000 USD

2015-01-01 – 2015-12-31: -120486000 USD Inspect Net Income Open source
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−USD 133.2 million
Exact value

Exact value: -133203000 USD

2015-01-01 – 2015-12-31: -133203000 USD Inspect Operating Cash Flow Open source
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USD 13.39 million
Exact value

Exact value: 13392000 USD

2015-01-01 – 2015-12-31: 13392000 USD Inspect Capital Expenditure Open source
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−USD 146.6 million
Calculation and evidence

-133203000 − 13392000 USD

Exact free cash flow: -146595000 USD

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2016 2016-01-01 – 2016-12-31
−USD 140.11 million
Exact value

Exact value: -140111000 USD

2016-01-01 – 2016-12-31: -140111000 USD Inspect Net Income Open source
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−USD 96.97 million
Exact value

Exact value: -96971000 USD

2016-01-01 – 2016-12-31: -96971000 USD Inspect Operating Cash Flow Open source
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USD 27.84 million
Exact value

Exact value: 27835000 USD

2016-01-01 – 2016-12-31: 27835000 USD Inspect Capital Expenditure Open source
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−USD 124.81 million
Calculation and evidence

-96971000 − 27835000 USD

Exact free cash flow: -124806000 USD

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2017 2017-01-01 – 2017-12-31
−USD 125.53 million
Exact value

Exact value: -125530000 USD

2017-01-01 – 2017-12-31: -125530000 USD Inspect Net Income Open source
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−USD 118.9 million
Exact value

Exact value: -118900000 USD

2017-01-01 – 2017-12-31: -118900000 USD Inspect Operating Cash Flow Open source
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USD 28.72 million
Exact value

Exact value: 28722000 USD

2017-01-01 – 2017-12-31: 28722000 USD Inspect Capital Expenditure Open source
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−USD 147.62 million
Calculation and evidence

-118900000 − 28722000 USD

Exact free cash flow: -147622000 USD

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2018 2018-01-01 – 2018-12-31
−USD 222.69 million
Exact value

Exact value: -222693000 USD

2018-01-01 – 2018-12-31: -222693000 USD Inspect Net Income Open source
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−USD 203.54 million
Exact value

Exact value: -203536000 USD

2018-01-01 – 2018-12-31: -203536000 USD Inspect Operating Cash Flow Open source
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USD 21.22 million
Exact value

Exact value: 21219000 USD

2018-01-01 – 2018-12-31: 21219000 USD Inspect Capital Expenditure Open source
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−USD 224.76 million
Calculation and evidence

-203536000 − 21219000 USD

Exact free cash flow: -224755000 USD

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2019 2019-01-01 – 2019-12-31
−USD 158.65 million
Exact value

Exact value: -158650000 USD

2019-01-01 – 2019-12-31: -158650000 USD Inspect Net Income Open source
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−USD 163.74 million
Exact value

Exact value: -163737000 USD

2019-01-01 – 2019-12-31: -163737000 USD Inspect Operating Cash Flow Open source
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USD 70.75 million
Exact value

Exact value: 70753000 USD

2019-01-01 – 2019-12-31: 70753000 USD Inspect Capital Expenditure Open source
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−USD 234.49 million
Calculation and evidence

-163737000 − 70753000 USD

Exact free cash flow: -234490000 USD

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2020 2020-01-01 – 2020-12-31
USD 613.67 million
Exact value

Exact value: 613670000 USD

2020-01-01 – 2020-12-31: 613670000 USD Inspect Net Income Open source
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USD 856.57 million
Exact value

Exact value: 856568000 USD

2020-01-01 – 2020-12-31: 856568000 USD Inspect Operating Cash Flow Open source
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USD 82.41 million
Exact value

Exact value: 82409000 USD

2020-01-01 – 2020-12-31: 82409000 USD Inspect Capital Expenditure Open source
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USD 774.16 million
Calculation and evidence

856568000 − 82409000 USD

Exact free cash flow: 774159000 USD

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2021 2021-01-01 – 2021-12-31
−USD 674.47 million
Exact value

Exact value: -674471000 USD

2021-01-01 – 2021-12-31: -674471000 USD Inspect Net Income Open source
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−USD 499.01 million
Exact value

Exact value: -499007000 USD

2021-01-01 – 2021-12-31: -499007000 USD Inspect Operating Cash Flow Open source
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USD 52.33 million
Exact value

Exact value: 52330000 USD

2021-01-01 – 2021-12-31: 52330000 USD Inspect Capital Expenditure Open source
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−USD 551.34 million
Calculation and evidence

-499007000 − 52330000 USD

Exact free cash flow: -551337000 USD

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2022 2022-01-01 – 2022-12-31
−USD 610.31 million
Exact value

Exact value: -610308000 USD

2022-01-01 – 2022-12-31: -610308000 USD Inspect Net Income Open source
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−USD 453.75 million
Exact value

Exact value: -453751000 USD

2022-01-01 – 2022-12-31: -453751000 USD Inspect Operating Cash Flow Open source
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USD 77.34 million
Exact value

Exact value: 77340000 USD

2022-01-01 – 2022-12-31: 77340000 USD Inspect Capital Expenditure Open source
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−USD 531.09 million
Calculation and evidence

-453751000 − 77340000 USD

Exact free cash flow: -531091000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

147 filings · 3,731 latest values · 3,731 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001060736, 1060736, SGEN, edgar:1060736, sgen

Also known as SEAGEN INC., SEATTLE GENETICS INC /WA, Seagen Inc.