Fitbit, Inc.

EDGAR

29 filing records in this dataset, filed from 2015-05-07 to 2020-11-04. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

364 million USD

2020-10-03 · USD

Exact inputs and evidence

Operating margin

-14.06%

2020-10-03 · %

Exact inputs and evidence
  • Operating Income: -51178000 USD Source
  • Revenue: 363932000 USD Source

Operating cash flow

-13.1 million USD

2020-10-03 · USD

Exact inputs and evidence
  • Operating Cash Flow: -62608000 USD Source
  • Operating Cash Flow: -49472000 USD Source

Free cash flow

-27 million USD

2020-10-03 · USD

Exact inputs and evidence
  • Operating Cash Flow: -62608000 USD Source
  • Operating Cash Flow: -49472000 USD Source
  • Capital Expenditure: 22419000 USD Source
  • Capital Expenditure: 8550000 USD Source
Cash and cash equivalents
373 million USD Source
Exact value

373384000 USD

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

40875583 shares

Reported share-count change

0.00% · 0 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
  • 40875583 shares · 2014-12-31· Source
  • 40875583 shares · 2015-12-31· Source

Trailing twelve months

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

Net income

-259 million USD

2019-09-29 – 2020-10-03

Exact inputs and evidence
  • Net income: -120835000 USD · 2019-09-29 – 2019-12-31 Source
  • Net income: 20294000 USD · 2020-01-01 – 2020-04-04 Source
  • Net income: -104097000 USD · 2020-04-05 – 2020-07-04 Source
  • Net income: -54452000 USD · 2020-07-05 – 2020-10-03 Source

Operating cash flow

-34.3 million USD

2019-09-29 – 2020-10-03

Exact inputs and evidence
  • Operating cash flow: -156832000 USD · 2019-01-01 – 2019-12-31 Source
  • Operating cash flow: -185112000 USD · 2019-01-01 – 2019-09-28 Source
  • Operating cash flow: -81972000 USD · 2020-01-01 – 2020-04-04 Source
  • Operating cash flow: -49472000 USD · 2020-01-01 – 2020-07-04 Source
  • Operating cash flow: -81972000 USD · 2020-01-01 – 2020-04-04 Source
  • Operating cash flow: -62608000 USD · 2020-01-01 – 2020-10-03 Source
  • Operating cash flow: -49472000 USD · 2020-01-01 – 2020-07-04 Source

Capital expenditure

32.7 million USD

2019-09-29 – 2020-10-03

Exact inputs and evidence
  • Capital expenditure: 36531000 USD · 2019-01-01 – 2019-12-31 Source
  • Capital expenditure: 26277000 USD · 2019-01-01 – 2019-09-28 Source
  • Capital expenditure: 3556000 USD · 2020-01-01 – 2020-04-04 Source
  • Capital expenditure: 8550000 USD · 2020-01-01 – 2020-07-04 Source
  • Capital expenditure: 3556000 USD · 2020-01-01 – 2020-04-04 Source
  • Capital expenditure: 22419000 USD · 2020-01-01 – 2020-10-03 Source
  • Capital expenditure: 8550000 USD · 2020-01-01 – 2020-07-04 Source

Free cash flow

-67 million USD

2019-09-29 – 2020-10-03

Exact inputs and evidence
  • Operating cash flow: -156832000 USD · 2019-01-01 – 2019-12-31 Source
  • Operating cash flow: -185112000 USD · 2019-01-01 – 2019-09-28 Source
  • Operating cash flow: -81972000 USD · 2020-01-01 – 2020-04-04 Source
  • Operating cash flow: -49472000 USD · 2020-01-01 – 2020-07-04 Source
  • Operating cash flow: -81972000 USD · 2020-01-01 – 2020-04-04 Source
  • Operating cash flow: -62608000 USD · 2020-01-01 – 2020-10-03 Source
  • Operating cash flow: -49472000 USD · 2020-01-01 – 2020-07-04 Source
  • Capital expenditure: 36531000 USD · 2019-01-01 – 2019-12-31 Source
  • Capital expenditure: 26277000 USD · 2019-01-01 – 2019-09-28 Source
  • Capital expenditure: 3556000 USD · 2020-01-01 – 2020-04-04 Source
  • Capital expenditure: 8550000 USD · 2020-01-01 – 2020-07-04 Source
  • Capital expenditure: 3556000 USD · 2020-01-01 – 2020-04-04 Source
  • Capital expenditure: 22419000 USD · 2020-01-01 – 2020-10-03 Source
  • Capital expenditure: 8550000 USD · 2020-01-01 – 2020-07-04 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: 2020-11-04.

Financial data available through: 2019-12-31.

Coverage by financial measure
  • Revenue: 5 of 11 periods available· newest 2017-12-31
  • Operating income: 7 of 11 periods available· newest 2019-12-31
  • Net income: 7 of 11 periods available· newest 2019-12-31
  • Operating cash flow: 7 of 11 periods available· newest 2019-12-31
  • Capital expenditure: 7 of 11 periods available· newest 2019-12-31
  • Total assets: 6 of 11 periods available· newest 2019-12-31
  • Total liabilities: 6 of 11 periods available· newest 2019-12-31
  • Current assets: 6 of 11 periods available· newest 2019-12-31
  • Current liabilities: 6 of 11 periods available· newest 2019-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2019-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 2 of 11 periods available· newest 2015-12-31

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.

  • Net income

    −USD 134.88 million

    Prior period

    −USD 185.83 million

    –

    Current period

    −USD 320.71 million

    –

    Exact inputs and evidence

    -320711000 − -185829000 = -134882000 USD

    -185829000 USD · 2018-01-01 – 2018-12-31

    Inspect prior input Prior source

    -320711000 USD · 2019-01-01 – 2019-12-31

    Inspect current input Current source
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  • Operating cash flow

    -238.5%

    Prior period

    USD 113.21 million

    –

    Current period

    −USD 156.83 million

    –

    Exact inputs and evidence

    -156832000 − 113207000 = -270039000 USD

    113207000 USD · 2018-01-01 – 2018-12-31

    Inspect prior input Prior source

    -156832000 USD · 2019-01-01 – 2019-12-31

    Inspect current input Current source
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  • Capital expenditure

    -30.9%

    Prior period

    USD 52.88 million

    –

    Current period

    USD 36.53 million

    –

    Exact inputs and evidence

    36531000 − 52880000 = -16349000 USD

    52880000 USD · 2018-01-01 – 2018-12-31

    Inspect prior input Prior source

    36531000 USD · 2019-01-01 – 2019-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Revenue.

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.

2017 2017-01-01 – 2017-12-31

  • Revenue USD 1.62 billion 100% of revenue
  • Cost of revenue USD 924.62 million 57% of revenue
  • Operating expenses USD 891.99 million 55% of revenue
  • Operating income −USD 201.09 million −12% of revenue
  • Tax, interest and other Derived USD 76.11 million 4.7% of revenue
  • Net income −USD 277.19 million −17% of revenue

Cash

  • Operating cash flow USD 64.24 million 4% of revenue
  • Capital expenditure USD 89.16 million 5.5% of revenue
  • Free cash flow Derived −USD 24.92 million −1.5% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2013 Operating loss: operating costs were 103% of revenue.
  • 2014 18%79%
  • 2015 9.5%9.3%81%
  • 2016 Operating loss: operating costs were 105% of revenue.
  • 2017 Operating loss: operating costs were 112% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2013 2013-01-01 – 2013-12-31271087000 280041000 Derived -8954000 42668000 Derived -51622000 25647000 Derived
Source
2014 2014-01-01 – 2014-12-31745433000 587504000 Derived 157929000 26152000 Derived 131777000 -7721000 Derived
Source
2015 2015-01-01 – 2015-12-311857998000 1509800000 Derived 348198000 172521000 Derived 175677000 110691000 Derived
Source
2016 2016-01-01 – 2016-12-312169461000 2281926000 Derived -112465000 -9688000 Derived -102777000 60080000 Derived
Source
2017 2017-01-01 – 2017-12-311615519000 1816606000 Derived -201087000 76105000 Derived -277192000 -24919000 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 1.6B 2017
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.2.3B1.8B1.2B585.8M0.020132014201520162017
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2013Revenue271087000
2014Revenue745433000
2015Revenue1857998000
2016Revenue2169461000
2017Revenue1615519000

Revenue growth

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

-25.5% 2017
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.191%133%75%17%-42%20132014201520162017
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2013Year over yearNo prior comparable period
2014Year over year175%
2015Year over year149.3%
2016Year over year16.8%
2017Year over year-25.5%

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 -12.4% 2017
Net margin -17.2% 2017
Free cash flow margin -1.5% 2017
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.24%13%1%-11%-22%20132014201520162017
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2013Operating margin-3.3%
2014Operating margin21.2%
2015Operating margin18.7%
2016Operating margin-5.2%
2017Operating margin-12.4%
2013Net margin-19%
2014Net margin17.7%
2015Net margin9.5%
2016Net margin-4.7%
2017Net margin-17.2%
2013Free cash flow margin9.5%
2014Free cash flow margin-1%
2015Free cash flow margin6%
2016Free cash flow margin2.8%
2017Free cash flow margin-1.5%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 64.2M 2017
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.152.6M114.4M76.3M38.1M0.020132014201520162017
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2013Operating cash flow33171000
2014Operating cash flow18774000
2015Operating cash flow141257000
2016Operating cash flow138720000
2017Operating cash flow64241000

Free cash flow

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

USD -24.9M 2017
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.121.5M82.2M42.9M3.6M-35.8M20132014201520162017
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2013Free cash flow25647000
2014Free cash flow-7721000
2015Free cash flow110691000
2016Free cash flow60080000
2017Free cash flow-24919000

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.

47.9% 2017
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.84%63%42%21%0%2013-12-312014201520162017
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2013-12-31Liabilities / assetsNot reportedNo source recorded
2014Liabilities / assets77.4%
2015Liabilities / assets35.4%
2016Liabilities / assets45.2%
2017Liabilities / assets47.9%

Current assets to current liabilities

Current assets divided by current liabilities.

1.97× 2017
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.2.88×2.16×1.44×0.72×0.00×2013-12-312014201520162017
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2013-12-31Current assets / current liabilitiesNot reportedNo source recorded
2014Current assets / current liabilities1.22×
2015Current assets / current liabilities2.67×
2016Current assets / current liabilities1.96×
2017Current assets / current liabilities1.97×

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 51.62 million
Exact value

Exact value: -51622000 USD

2013-01-01 – 2013-12-31: -51622000 USD Inspect Net Income Open source
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USD 33.17 million
Exact value

Exact value: 33171000 USD

2013-01-01 – 2013-12-31: 33171000 USD Inspect Operating Cash Flow Open source
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USD 7.52 million
Exact value

Exact value: 7524000 USD

2013-01-01 – 2013-12-31: 7524000 USD Inspect Capital Expenditure Open source
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USD 25.65 million
Calculation and evidence

33171000 − 7524000 USD

Exact free cash flow: 25647000 USD

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2014 2014-01-01 – 2014-12-31
USD 131.78 million
Exact value

Exact value: 131777000 USD

2014-01-01 – 2014-12-31: 131777000 USD Inspect Net Income Open source
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USD 18.77 million
Exact value

Exact value: 18774000 USD

2014-01-01 – 2014-12-31: 18774000 USD Inspect Operating Cash Flow Open source
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USD 26.5 million
Exact value

Exact value: 26495000 USD

2014-01-01 – 2014-12-31: 26495000 USD Inspect Capital Expenditure Open source
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−USD 7.72 million
Calculation and evidence

18774000 − 26495000 USD

Exact free cash flow: -7721000 USD

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2015 2015-01-01 – 2015-12-31
USD 175.68 million
Exact value

Exact value: 175677000 USD

2015-01-01 – 2015-12-31: 175677000 USD Inspect Net Income Open source
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USD 141.26 million
Exact value

Exact value: 141257000 USD

2015-01-01 – 2015-12-31: 141257000 USD Inspect Operating Cash Flow Open source
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USD 30.57 million
Exact value

Exact value: 30566000 USD

2015-01-01 – 2015-12-31: 30566000 USD Inspect Capital Expenditure Open source
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USD 110.69 million
Calculation and evidence

141257000 − 30566000 USD

Exact free cash flow: 110691000 USD

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2016 2016-01-01 – 2016-12-31
−USD 102.78 million
Exact value

Exact value: -102777000 USD

2016-01-01 – 2016-12-31: -102777000 USD Inspect Net Income Open source
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USD 138.72 million
Exact value

Exact value: 138720000 USD

2016-01-01 – 2016-12-31: 138720000 USD Inspect Operating Cash Flow Open source
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USD 78.64 million
Exact value

Exact value: 78640000 USD

2016-01-01 – 2016-12-31: 78640000 USD Inspect Capital Expenditure Open source
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USD 60.08 million
Calculation and evidence

138720000 − 78640000 USD

Exact free cash flow: 60080000 USD

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2017 2017-01-01 – 2017-12-31
−USD 277.19 million
Exact value

Exact value: -277192000 USD

2017-01-01 – 2017-12-31: -277192000 USD Inspect Net Income Open source
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USD 64.24 million
Exact value

Exact value: 64241000 USD

2017-01-01 – 2017-12-31: 64241000 USD Inspect Operating Cash Flow Open source
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USD 89.16 million
Exact value

Exact value: 89160000 USD

2017-01-01 – 2017-12-31: 89160000 USD Inspect Capital Expenditure Open source
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−USD 24.92 million
Calculation and evidence

64241000 − 89160000 USD

Exact free cash flow: -24919000 USD

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2018 2018-01-01 – 2018-12-31
−USD 185.83 million
Exact value

Exact value: -185829000 USD

2018-01-01 – 2018-12-31: -185829000 USD Inspect Net Income Open source
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USD 113.21 million
Exact value

Exact value: 113207000 USD

2018-01-01 – 2018-12-31: 113207000 USD Inspect Operating Cash Flow Open source
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USD 52.88 million
Exact value

Exact value: 52880000 USD

2018-01-01 – 2018-12-31: 52880000 USD Inspect Capital Expenditure Open source
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USD 60.33 million
Calculation and evidence

113207000 − 52880000 USD

Exact free cash flow: 60327000 USD

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2019 2019-01-01 – 2019-12-31
−USD 320.71 million
Exact value

Exact value: -320711000 USD

2019-01-01 – 2019-12-31: -320711000 USD Inspect Net Income Open source
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−USD 156.83 million
Exact value

Exact value: -156832000 USD

2019-01-01 – 2019-12-31: -156832000 USD Inspect Operating Cash Flow Open source
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USD 36.53 million
Exact value

Exact value: 36531000 USD

2019-01-01 – 2019-12-31: 36531000 USD Inspect Capital Expenditure Open source
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−USD 193.36 million
Calculation and evidence

-156832000 − 36531000 USD

Exact free cash flow: -193363000 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.

29 filings · 2,080 latest values · 2,080 originally reported values

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

Identifiers: 0001447599, 1447599, FIT, edgar:1447599

Also known as FITBIT INC, FITBIT, INC., Fitbit, Inc.