Switch, Inc.

EDGAR

58 filing records in this dataset, filed from 2017-09-08 to 2022-11-09. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

174 million USD

2022 Q3 · USD

Exact inputs and evidence

Operating margin

4.31%

2022 Q3 · %

Exact inputs and evidence
  • Operating Income: 7512000 USD Source
  • Revenue: 174467000 USD Source

Operating cash flow

67 million USD

2022 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 208973000 USD Source
  • Operating Cash Flow: 141984000 USD Source

Free cash flow

-85.4 million USD

2022 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 208973000 USD Source
  • Operating Cash Flow: 141984000 USD Source
  • Capital Expenditure: 438351000 USD Source
  • Capital Expenditure: 285947000 USD Source
Cash and cash equivalents
41.3 million USD Source
Exact value

41251000 USD

Long-term debt including current maturities
1.89 billion USD Source
Exact value

1894375000 USD

Shares outstanding
1 shares Source
Exact value

1 shares

Trailing twelve months

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

Revenue

669 million USD

2021-10-01 – 2022-09-30

Exact inputs and evidence
  • Revenue: 592045000 USD · 2021-01-01 – 2021-12-31 Source
  • Revenue: 430660000 USD · 2021-01-01 – 2021-09-30 Source
  • Revenue: 164609000 USD · 2022-01-01 – 2022-03-31 Source
  • Revenue: 168185000 USD · 2022-04-01 – 2022-06-30 Source
  • Revenue: 174467000 USD · 2022-07-01 – 2022-09-30 Source

Net income

379 million USD

2021-10-01 – 2022-09-30

Exact inputs and evidence
  • Net income: 5412000 USD · 2021-01-01 – 2021-12-31 Source
  • Net income: 15633000 USD · 2021-01-01 – 2021-09-30 Source
  • Net income: 12793000 USD · 2022-01-01 – 2022-03-31 Source
  • Net income: 376835000 USD · 2022-04-01 – 2022-06-30 Source
  • Net income: -257000 USD · 2022-07-01 – 2022-09-30 Source

Operating cash flow

273 million USD

2021-10-01 – 2022-09-30

Exact inputs and evidence
  • Operating cash flow: 260785000 USD · 2021-01-01 – 2021-12-31 Source
  • Operating cash flow: 196267000 USD · 2021-01-01 – 2021-09-30 Source
  • Operating cash flow: 56512000 USD · 2022-01-01 – 2022-03-31 Source
  • Operating cash flow: 141984000 USD · 2022-01-01 – 2022-06-30 Source
  • Operating cash flow: 56512000 USD · 2022-01-01 – 2022-03-31 Source
  • Operating cash flow: 208973000 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: 141984000 USD · 2022-01-01 – 2022-06-30 Source

Capital expenditure

562 million USD

2021-10-01 – 2022-09-30

Exact inputs and evidence
  • Capital expenditure: 455688000 USD · 2021-01-01 – 2021-12-31 Source
  • Capital expenditure: 331659000 USD · 2021-01-01 – 2021-09-30 Source
  • Capital expenditure: 150433000 USD · 2022-01-01 – 2022-03-31 Source
  • Capital expenditure: 285947000 USD · 2022-01-01 – 2022-06-30 Source
  • Capital expenditure: 150433000 USD · 2022-01-01 – 2022-03-31 Source
  • Capital expenditure: 438351000 USD · 2022-01-01 – 2022-09-30 Source
  • Capital expenditure: 285947000 USD · 2022-01-01 – 2022-06-30 Source

Free cash flow

-289 million USD

2021-10-01 – 2022-09-30

Exact inputs and evidence
  • Operating cash flow: 260785000 USD · 2021-01-01 – 2021-12-31 Source
  • Operating cash flow: 196267000 USD · 2021-01-01 – 2021-09-30 Source
  • Operating cash flow: 56512000 USD · 2022-01-01 – 2022-03-31 Source
  • Operating cash flow: 141984000 USD · 2022-01-01 – 2022-06-30 Source
  • Operating cash flow: 56512000 USD · 2022-01-01 – 2022-03-31 Source
  • Operating cash flow: 208973000 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: 141984000 USD · 2022-01-01 – 2022-06-30 Source
  • Capital expenditure: 455688000 USD · 2021-01-01 – 2021-12-31 Source
  • Capital expenditure: 331659000 USD · 2021-01-01 – 2021-09-30 Source
  • Capital expenditure: 150433000 USD · 2022-01-01 – 2022-03-31 Source
  • Capital expenditure: 285947000 USD · 2022-01-01 – 2022-06-30 Source
  • Capital expenditure: 150433000 USD · 2022-01-01 – 2022-03-31 Source
  • Capital expenditure: 438351000 USD · 2022-01-01 – 2022-09-30 Source
  • Capital expenditure: 285947000 USD · 2022-01-01 – 2022-06-30 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: 2022-11-09.

Financial data available through: 2021-12-31.

Coverage by financial measure
  • Revenue: 7 of 11 periods available· newest 2021-12-31
  • Operating income: 7 of 11 periods available· newest 2021-12-31
  • Net income: 7 of 11 periods available· newest 2021-12-31
  • Operating cash flow: 7 of 11 periods available· newest 2021-12-31
  • Capital expenditure: 7 of 11 periods available· newest 2021-12-31
  • Total assets: 6 of 11 periods available· newest 2021-12-31
  • Total liabilities: 6 of 11 periods available· newest 2021-12-31
  • Current assets: 6 of 11 periods available· newest 2021-12-31
  • Current liabilities: 6 of 11 periods available· newest 2021-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2021-12-31
  • Long-term debt including current maturities: 6 of 11 periods available· newest 2021-12-31
  • shares outstanding: No compatible figures in this window

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

    +15.7%

    Prior period

    USD 511.55 million

    –

    Current period

    USD 592.05 million

    –

    Exact inputs and evidence

    592045000 − 511547000 = 80498000 USD

    511547000 USD · 2020-01-01 – 2020-12-31

    Inspect prior input Prior source

    592045000 USD · 2021-01-01 – 2021-12-31

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  • Net income

    -65.2%

    Prior period

    USD 15.54 million

    –

    Current period

    USD 5.41 million

    –

    Exact inputs and evidence

    5412000 − 15539000 = -10127000 USD

    15539000 USD · 2020-01-01 – 2020-12-31

    Inspect prior input Prior source

    5412000 USD · 2021-01-01 – 2021-12-31

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  • Operating cash flow

    +10.4%

    Prior period

    USD 236.24 million

    –

    Current period

    USD 260.79 million

    –

    Exact inputs and evidence

    260785000 − 236240000 = 24545000 USD

    236240000 USD · 2020-01-01 – 2020-12-31

    Inspect prior input Prior source

    260785000 USD · 2021-01-01 – 2021-12-31

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  • Capital expenditure

    +31.3%

    Prior period

    USD 347.04 million

    –

    Current period

    USD 455.69 million

    –

    Exact inputs and evidence

    455688000 − 347040000 = 108648000 USD

    347040000 USD · 2020-01-01 – 2020-12-31

    Inspect prior input Prior source

    455688000 USD · 2021-01-01 – 2021-12-31

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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.

2021 2021-01-01 – 2021-12-31

  • Revenue USD 592.05 million 100% of revenue
  • Operating costs Derived USD 536.02 million 91% of revenue
  • Operating income USD 56.03 million 9.5% of revenue
  • Tax, interest and other Derived USD 50.62 million 8.5% of revenue
  • Net income USD 5.41 million 0.9% of revenue

Cash

  • Operating cash flow USD 260.79 million 44% of revenue
  • Capital expenditure USD 455.69 million 77% of revenue
  • Free cash flow Derived −USD 194.9 million −33% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2015 28%70%
  • 2016 9.9%84%
  • 2017 Net loss: net income was −4% of revenue.
  • 2018 12%87%
  • 2019 15%83%
  • 2020 16%81%
  • 2021 91%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2015 2015-01-01 – 2015-12-31265870000 186311000 Derived 79559000 6087000 Derived 73472000 -60832000 Derived
Source
2016 2016-01-01 – 2016-12-31318352000 267282000 Derived 51070000 19702000 Derived 31368000 -121032000 Derived
Source
2017 2017-01-01 – 2017-12-31378275000 359448000 Derived 18827000 34035000 Derived -15208000 -255960000 Derived
Source
2018 2018-01-01 – 2018-12-31405860000 351181000 Derived 54679000 50627000 Derived 4052000 -97194000 Derived
Source
2019 2019-01-01 – 2019-12-31462310000 385383000 Derived 76927000 68010000 Derived 8917000 -98299000 Derived
Source
2020 2020-01-01 – 2020-12-31511547000 416134000 Derived 95413000 79874000 Derived 15539000 -110800000 Derived
Source
2021 2021-01-01 – 2021-12-31592045000 536017000 Derived 56028000 50616000 Derived 5412000 -194903000 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 592M 2021
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.639.4M479.6M319.7M159.9M0.0201520182021
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Revenue265870000
2016Revenue318352000
2017Revenue378275000
2018Revenue405860000
2019Revenue462310000
2020Revenue511547000
2021Revenue592045000

Revenue growth

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

15.7% 2021
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.21.3%16.0%10.7%5.3%0.0%201520182021
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2015Year over yearNo prior comparable period
2016Year over year19.7%
2017Year over year18.8%
2018Year over year7.3%
2019Year over year13.9%
2020Year over year10.7%
2021Year over year15.7%

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 9.5% 2021
Net margin 0.9% 2021
Free cash flow margin -32.9% 2021
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.38%9%-19%-47%-75%201520182021
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2015Operating margin29.9%
2016Operating margin16%
2017Operating margin5%
2018Operating margin13.5%
2019Operating margin16.6%
2020Operating margin18.7%
2021Operating margin9.5%
2015Net margin27.6%
2016Net margin9.9%
2017Net margin-4%
2018Net margin1%
2019Net margin1.9%
2020Net margin3%
2021Net margin0.9%
2015Free cash flow margin-22.9%
2016Free cash flow margin-38%
2017Free cash flow margin-67.7%
2018Free cash flow margin-23.9%
2019Free cash flow margin-21.3%
2020Free cash flow margin-21.7%
2021Free cash flow margin-32.9%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 260.8M 2021
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.281.6M211.2M140.8M70.4M0.0201520182021
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Operating cash flow129281000
2016Operating cash flow166065000
2017Operating cash flow146601000
2018Operating cash flow178330000
2019Operating cash flow209413000
2020Operating cash flow236240000
2021Operating cash flow260785000

Free cash flow

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

USD -194.9M 2021
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.20.5M-53.8M-128.0M-202.2M-276.4M201520182021
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Free cash flow-60832000
2016Free cash flow-121032000
2017Free cash flow-255960000
2018Free cash flow-97194000
2019Free cash flow-98299000
2020Free cash flow-110800000
2021Free cash flow-194903000

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.

78.8% 2021
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.85%64%43%21%0%2015-12-3120182021
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2015-12-31Liabilities / assetsNot reportedNo source recorded
2016Liabilities / assets69.8%
2017Liabilities / assets48.3%
2018Liabilities / assets51.5%
2019Liabilities / assets64.6%
2020Liabilities / assets71.1%
2021Liabilities / assets78.8%

Current assets to current liabilities

Current assets divided by current liabilities.

0.5× 2021
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.4.71×3.53×2.35×1.18×0.00×2015-12-3120182021
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2015-12-31Current assets / current liabilitiesNot reportedNo source recorded
2016Current assets / current liabilities0.26×
2017Current assets / current liabilities4.36×
2018Current assets / current liabilities1.44×
2019Current assets / current liabilities0.52×
2020Current assets / current liabilities1.19×
2021Current assets / current liabilities0.5×

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
2015 2015-01-01 – 2015-12-31
USD 73.47 million
Exact value

Exact value: 73472000 USD

2015-01-01 – 2015-12-31: 73472000 USD Inspect Net Income Open source
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USD 129.28 million
Exact value

Exact value: 129281000 USD

2015-01-01 – 2015-12-31: 129281000 USD Inspect Operating Cash Flow Open source
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USD 190.11 million
Exact value

Exact value: 190113000 USD

2015-01-01 – 2015-12-31: 190113000 USD Inspect Capital Expenditure Open source
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−USD 60.83 million
Calculation and evidence

129281000 − 190113000 USD

Exact free cash flow: -60832000 USD

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2016 2016-01-01 – 2016-12-31
USD 31.37 million
Exact value

Exact value: 31368000 USD

2016-01-01 – 2016-12-31: 31368000 USD Inspect Net Income Open source
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USD 166.07 million
Exact value

Exact value: 166065000 USD

2016-01-01 – 2016-12-31: 166065000 USD Inspect Operating Cash Flow Open source
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USD 287.1 million
Exact value

Exact value: 287097000 USD

2016-01-01 – 2016-12-31: 287097000 USD Inspect Capital Expenditure Open source
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−USD 121.03 million
Calculation and evidence

166065000 − 287097000 USD

Exact free cash flow: -121032000 USD

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2017 2017-01-01 – 2017-12-31
−USD 15.21 million
Exact value

Exact value: -15208000 USD

2017-01-01 – 2017-12-31: -15208000 USD Inspect Net Income Open source
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USD 146.6 million
Exact value

Exact value: 146601000 USD

2017-01-01 – 2017-12-31: 146601000 USD Inspect Operating Cash Flow Open source
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USD 402.56 million
Exact value

Exact value: 402561000 USD

2017-01-01 – 2017-12-31: 402561000 USD Inspect Capital Expenditure Open source
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−USD 255.96 million
Calculation and evidence

146601000 − 402561000 USD

Exact free cash flow: -255960000 USD

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2018 2018-01-01 – 2018-12-31
USD 4.05 million
Exact value

Exact value: 4052000 USD

2018-01-01 – 2018-12-31: 4052000 USD Inspect Net Income Open source
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USD 178.33 million
Exact value

Exact value: 178330000 USD

2018-01-01 – 2018-12-31: 178330000 USD Inspect Operating Cash Flow Open source
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USD 275.52 million
Exact value

Exact value: 275524000 USD

2018-01-01 – 2018-12-31: 275524000 USD Inspect Capital Expenditure Open source
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−USD 97.19 million
Calculation and evidence

178330000 − 275524000 USD

Exact free cash flow: -97194000 USD

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2019 2019-01-01 – 2019-12-31
USD 8.92 million
Exact value

Exact value: 8917000 USD

2019-01-01 – 2019-12-31: 8917000 USD Inspect Net Income Open source
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USD 209.41 million
Exact value

Exact value: 209413000 USD

2019-01-01 – 2019-12-31: 209413000 USD Inspect Operating Cash Flow Open source
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USD 307.71 million
Exact value

Exact value: 307712000 USD

2019-01-01 – 2019-12-31: 307712000 USD Inspect Capital Expenditure Open source
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−USD 98.3 million
Calculation and evidence

209413000 − 307712000 USD

Exact free cash flow: -98299000 USD

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2020 2020-01-01 – 2020-12-31
USD 15.54 million
Exact value

Exact value: 15539000 USD

2020-01-01 – 2020-12-31: 15539000 USD Inspect Net Income Open source
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USD 236.24 million
Exact value

Exact value: 236240000 USD

2020-01-01 – 2020-12-31: 236240000 USD Inspect Operating Cash Flow Open source
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USD 347.04 million
Exact value

Exact value: 347040000 USD

2020-01-01 – 2020-12-31: 347040000 USD Inspect Capital Expenditure Open source
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−USD 110.8 million
Calculation and evidence

236240000 − 347040000 USD

Exact free cash flow: -110800000 USD

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2021 2021-01-01 – 2021-12-31
USD 5.41 million
Exact value

Exact value: 5412000 USD

2021-01-01 – 2021-12-31: 5412000 USD Inspect Net Income Open source
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USD 260.79 million
Exact value

Exact value: 260785000 USD

2021-01-01 – 2021-12-31: 260785000 USD Inspect Operating Cash Flow Open source
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USD 455.69 million
Exact value

Exact value: 455688000 USD

2021-01-01 – 2021-12-31: 455688000 USD Inspect Capital Expenditure Open source
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−USD 194.9 million
Calculation and evidence

260785000 − 455688000 USD

Exact free cash flow: -194903000 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.

58 filings · 1,967 latest values · 1,967 originally reported values

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

Identifiers: 0001710583, 1710583, SWCH, edgar:1710583

Also known as Switch, Inc.