Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Yahoo! Inc., consolidated income statement (quarterly data)

US$ in thousands

3 months ended:	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013	Dec 31, 2012	Sep 30, 2012	Jun 30, 2012	Mar 31, 2012
Revenue	1,327,270)	1,469,140)	1,305,206)	1,307,637)	1,087,152)	1,273,393)	1,225,673)	1,243,265)	1,225,970)	1,253,072)	1,148,140)	1,084,191)	1,132,730)	1,265,795)	1,138,973)	1,135,244)	1,140,368)	1,345,807)	1,201,732)	1,217,794)	1,221,233)
Traffic acquisition costs	(493,502)	(509,000)	(447,537)	(466,486)	(227,763)	(270,916)	(223,229)	(200,230)	(183,139)	(73,616)	(54,180)	(43,826)	(45,909)	(65,594)	(58,464)	(64,316)	(66,068)	(124,961)	(112,829)	(137,025)	(144,091)
Other	(256,774)	(261,617)	(255,421)	(268,483)	(282,587)	(316,193)	(302,846)	(295,932)	(285,263)	(261,971)	(266,820)	(271,148)	(280,844)	(273,906)	(271,763)	(271,262)	(278,007)	(287,146)	(282,081)	(278,453)	(253,980)
Cost of revenue	(750,276)	(770,617)	(702,958)	(734,969)	(510,350)	(587,109)	(526,075)	(496,162)	(468,402)	(335,587)	(321,000)	(314,974)	(326,753)	(339,500)	(330,227)	(335,578)	(344,075)	(412,107)	(394,910)	(415,478)	(398,071)
Gross profit	576,994)	698,523)	602,248)	572,668)	576,802)	686,284)	699,598)	747,103)	757,568)	917,485)	827,140)	769,217)	805,977)	926,295)	808,746)	799,666)	796,293)	933,700)	806,822)	802,316)	823,162)
Sales and marketing	(209,366)	(206,810)	(212,654)	(226,024)	(236,033)	(256,728)	(274,329)	(274,304)	(275,357)	(301,987)	(309,618)	(292,817)	(329,846)	(311,501)	(282,562)	(279,738)	(257,019)	(274,123)	(269,272)	(272,910)	(285,267)
Product development	(252,220)	(253,754)	(243,644)	(280,035)	(278,029)	(272,463)	(272,285)	(306,428)	(326,747)	(316,231)	(305,624)	(303,659)	(281,632)	(285,215)	(267,444)	(236,248)	(219,580)	(240,417)	(217,301)	(199,628)	(228,478)
General and administrative	(156,837)	(160,189)	(176,713)	(158,355)	(155,451)	(181,733)	(151,963)	(180,595)	(173,513)	(162,997)	(147,234)	(128,019)	(136,493)	(149,791)	(151,304)	(135,039)	(133,421)	(144,610)	(135,249)	(136,117)	(124,271)
Amortization of intangibles	(11,506)	(11,566)	(11,594)	(16,369)	(18,773)	(19,365)	(19,622)	(19,982)	(20,073)	(17,924)	(15,322)	(15,164)	(18,340)	(14,139)	(15,253)	(8,084)	(7,365)	(7,926)	(8,084)	(9,756)	(10,053)
Gain on sale of patents	—)	—)	—)	120,059)	1,500)	—)	—)	9,100)	2,000)	35,094)	1,300)	61,500)	—)	79,950)	—)	—)	—)	—)	—)	—)	—)
Asset impairment charge	—)	—)	—)	—)	—)	(2,682)	(41,699)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Goodwill impairment charge	—)	—)	—)	(394,901)	—)	(4,460,837)	—)	—)	—)	(88,414)	—)	—)	—)	(63,555)	—)	—)	—)	—)	—)	—)	—)
Intangible assets impairment charge	—)	—)	—)	(87,335)	—)	(15,423)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Restructuring (charges) reversals, net	(5,812)	(2,053)	(9,962)	(19,384)	(57,230)	(7,087)	(26,012)	(19,688)	(51,232)	(32,872)	(8,470)	(52,621)	(9,487)	(7,826)	576)	(3,578)	7,062)	(76,634)	(24,727)	(129,092)	(5,717)
Income (loss) from operations	(58,747)	64,151)	(52,319)	(489,676)	(167,214)	(4,530,034)	(86,312)	(44,794)	(87,354)	32,154)	42,172)	38,437)	30,179)	174,218)	92,759)	136,979)	185,970)	189,990)	152,189)	54,813)	169,376)
Other income (expense), net	18,822)	(15,440)	(6,122)	15,062)	(47,416)	(9,023)	(23,955)	(11,741)	(31,063)	87,550)	10,308,931)	(13,589)	(13,453)	(2,691)	5,370)	23,606)	17,072)	17,730)	4,607,656)	20,175)	2,278)
Income (loss) before income taxes and earnings in equity interests	(39,925)	48,711)	(58,441)	(474,614)	(214,630)	(4,539,057)	(110,267)	(56,535)	(118,417)	119,704)	10,351,103)	24,848)	16,726)	171,527)	98,129)	160,585)	203,042)	207,720)	4,759,845)	74,988)	171,654)
(Provision) benefit for income taxes	26,177)	1,492)	105,513)	(15,543)	34,766)	13,985)	93,208)	(58,495)	40,900)	(52,340)	(3,973,402)	(8,143)	(4,217)	(41,498)	(31,891)	(50,267)	(29,736)	(83,007)	(1,774,094)	(26,523)	(56,419)
Earnings in equity interests, net of tax	113,688)	113,704)	116,228)	51,777)	81,574)	92,845)	95,195)	95,841)	99,690)	101,917)	398,692)	255,852)	301,402)	221,641)	232,756)	224,690)	217,588)	148,939)	175,265)	179,991)	172,243)
Net income (loss)	99,940)	163,907)	163,300)	(438,380)	(98,290)	(4,432,227)	78,136)	(19,189)	22,173)	169,281)	6,776,393)	272,557)	313,911)	351,670)	298,994)	335,008)	390,894)	273,652)	3,161,016)	228,456)	287,478)
Net income attributable to noncontrolling interests	(506)	(1,909)	(474)	(1,533)	(942)	(2,760)	(1,875)	(2,365)	(975)	(2,937)	(2,291)	(2,850)	(2,333)	(3,480)	(2,338)	(3,858)	(609)	(1,385)	(778)	(1,825)	(1,135)
Net income (loss) attributable to Yahoo! Inc.	99,434)	161,998)	162,826)	(439,913)	(99,232)	(4,434,987)	76,261)	(21,554)	21,198)	166,344)	6,774,102)	269,707)	311,578)	348,190)	296,656)	331,150)	390,285)	272,267)	3,160,238)	226,631)	286,343)

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Income statement item	Description	The company
Revenue	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	Yahoo! Inc. revenue increased from Q3 2016 to Q4 2016 but then slightly decreased from Q4 2016 to Q1 2017 not reaching Q3 2016 level.
Income (loss) from operations	The net result for the period of deducting operating expenses from operating revenues.	Yahoo! Inc. income (loss) from operations increased from Q3 2016 to Q4 2016 but then decreased significantly from Q4 2016 to Q1 2017.
Income (loss) before income taxes and earnings in equity interests	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Yahoo! Inc. income (loss) before income taxes and earnings in equity interests increased from Q3 2016 to Q4 2016 but then slightly decreased from Q4 2016 to Q1 2017 not reaching Q3 2016 level.
Net income (loss) attributable to Yahoo! Inc.	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Yahoo! Inc. net income (loss) attributable to Yahoo! Inc. decreased from Q3 2016 to Q4 2016 and from Q4 2016 to Q1 2017.

Yahoo! Inc. (NASDAQ:YHOO)

Income Statement Quarterly Data

Income Statement
Quarterly Data