Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Sharp.
Income Statement
| Breakdown | March 31, 2024 | March 31, 2023 | March 31, 2022 | March 31, 2021 | March 31, 2020 | March 31, 2019 | March 31, 2018 | March 31, 2017 | March 31, 2016 | March 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.32T | $2.55T | $2.50T | $2.43T | $2.27T | $2.40T | $2.43T | $2.05T | $2.46T | $2.79T |
| Cost of Revenue | $1.97T | $2.22T | $2.06T | $2.00T | $1.86T | $1.98T | $2.02T | $1.67T | $2.23T | $2.40T |
| Gross Profit | $347.89B | $330.83B | $431.72B | $421.32B | $409.80B | $424.11B | $404.26B | $383.86B | $233.31B | $388.51B |
| Gross Profit Ratio | 14.98% | 13.00% | 17.30% | 17.40% | 18.04% | 17.67% | 16.66% | 18.72% | 9.48% | 13.94% |
| Research and Development Expenses | $73.02B | $5.81B | $86.29B | $86.79B | $100.59B | $108.55B | $100.54B | $106.11B | $130.12B | $141.04B |
| General and Administrative Expenses | $304.18B | $294.93B | $280.75B | $276.12B | $292.25B | $274.51B | $259.16B | $- | $- | $- |
| Selling and Marketing Expenses | $44.36B | $44.61B | $44.55B | $41.12B | $37.71B | $36.30B | $32.27B | $- | $- | $- |
| Selling General and Administrative Expenses | $348.54B | $339.54B | $325.30B | $317.24B | $329.96B | $310.81B | $291.43B | $296.74B | $349.10B | $436.57B |
| Other Expenses | $-53.33B | $-3.42B | $-1.27B | $-7.33B | $3.81B | $300.00M | $-6.42B | $-11.24B | $-19.16B | $-32.48B |
| Operating Expenses | $368.23B | $356.55B | $347.01B | $338.20B | $357.02B | $339.97B | $314.14B | $321.40B | $395.28B | $436.57B |
| Cost and Expenses | $2.34T | $2.57T | $2.41T | $2.34T | $2.22T | $2.32T | $2.34T | $1.99T | $2.62T | $2.83T |
| Interest Income | $4.56B | $2.68B | $2.58B | $2.82B | $2.92B | $2.71B | $2.35B | $887.00M | $912.00M | $1.67B |
| Interest Expense | $10.80B | $9.30B | $4.45B | $5.51B | $4.71B | $4.38B | $4.80B | $6.39B | $18.72B | $23.18B |
| Depreciation and Amortization | $66.22B | $86.36B | $74.46B | $73.62B | $74.20B | $78.85B | $76.12B | $68.23B | $78.53B | $109.32B |
| EBITDA | $-60.55B | $-139.95B | $157.12B | $155.06B | $124.09B | $156.24B | $166.24B | $130.69B | $-97.02B | $-56.33B |
| EBITDA Ratio | -2.61% | 2.43% | 7.31% | 5.80% | 5.94% | 6.35% | 7.05% | 4.92% | -3.94% | 1.29% |
| Operating Income | $-20.34B | $-25.72B | $84.72B | $83.11B | $52.77B | $84.14B | $90.12B | $62.45B | $-161.97B | $-48.06B |
| Operating Income Ratio | -0.88% | -1.01% | 3.39% | 3.43% | 2.32% | 3.51% | 3.71% | 3.05% | -6.58% | -1.73% |
| Total Other Income Expenses Net | $-117.22B | $-213.32B | $5.09B | $-16.67B | $-19.13B | $-1.80B | $-709.00M | $-63.04B | $-69.16B | $-140.77B |
| Income Before Tax | $-137.56B | $-239.04B | $89.80B | $66.44B | $38.33B | $75.59B | $89.42B | $-587.00M | $-231.12B | $-188.83B |
| Income Before Tax Ratio | -5.92% | -9.38% | 3.60% | 2.74% | 1.69% | 3.15% | 3.68% | -0.03% | -9.39% | -6.78% |
| Income Tax Expense | $12.52B | $22.61B | $16.05B | $14.21B | $16.76B | $2.17B | $18.71B | $23.74B | $22.06B | $31.41B |
| Net Income | $-149.98B | $-260.84B | $73.99B | $53.26B | $20.96B | $74.23B | $70.22B | $-24.88B | $-255.97B | $-222.35B |
| Net Income Ratio | -6.46% | -10.24% | 2.96% | 2.20% | 0.92% | 3.09% | 2.89% | -1.21% | -10.40% | -7.98% |
| EPS | $-230.99 | $-407.31 | $121.14 | $87.20 | $34.31 | $30.38 | $28.74 | $-14.10 | $-378.50 | $-328.77 |
| EPS Diluted | $-230.99 | $-407.31 | $121.14 | $87.20 | $33.00 | $30.38 | $28.74 | $-14.10 | $-378.50 | $-328.77 |
| Weighted Average Shares Outstanding | 649.28M | 640.40M | 610.80M | 610.83M | 610.85M | 2.44B | 2.44B | 1.76B | 676.28M | 676.30M |
| Weighted Average Shares Outstanding Diluted | 649.28M | 640.40M | 610.80M | 610.83M | 635.04M | 2.44B | 2.44B | 1.76B | 676.28M | 676.30M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | March 31, 2024 | March 31, 2023 | March 31, 2022 | March 31, 2021 | March 31, 2020 | March 31, 2019 | March 31, 2018 | March 31, 2017 | March 31, 2016 | March 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $227.13B | $262.06B | $287.36B | $341.92B | $225.05B | $266.65B | $422.30B | $482.12B | $275.40B | $258.49B |
| Short Term Investments | $-28.15B | $-26.44B | $-71.33B | $-71.62B | $-75.79B | $-72.93B | $18.30B | $2.55B | $-2.28B | $22.44B |
| Cash and Short Term Investments | $227.13B | $262.06B | $287.36B | $341.92B | $225.05B | $266.65B | $422.30B | $482.12B | $275.40B | $258.49B |
| Net Receivables | $402.51B | $435.01B | $484.82B | $453.69B | $420.99B | $- | $463.46B | $367.00B | $- | $- |
| Inventory | $269.58B | $299.31B | $310.28B | $263.07B | $294.79B | $243.85B | $219.71B | $217.89B | $184.31B | $338.30B |
| Other Current Assets | $91.00B | $90.71B | $148.17B | $130.10B | $142.27B | $630.87B | $118.27B | $126.70B | $332.09B | $304.72B |
| Total Current Assets | $990.23B | $1.09T | $1.23T | $1.19T | $1.09T | $1.14T | $1.22T | $1.19T | $965.96B | $1.30T |
| Property Plant Equipment Net | $280.12B | $389.26B | $418.26B | $438.49B | $410.76B | $405.04B | $428.60B | $349.61B | $351.20B | $400.59B |
| Goodwill | $5.42B | $6.28B | $8.44B | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $25.66B | $29.56B | $42.28B | $45.11B | $45.55B | $39.70B | $44.80B | $42.36B | $41.64B | $42.48B |
| Goodwill and Intangible Assets | $31.08B | $35.84B | $42.28B | $45.11B | $45.55B | $39.70B | $44.80B | $42.36B | $41.64B | $42.48B |
| Long Term Investments | $266.73B | $242.64B | $242.72B | $235.80B | $266.22B | $258.71B | $172.06B | $148.72B | $168.71B | $167.79B |
| Tax Assets | $- | $18.13B | $22.39B | $19.05B | $18.25B | $22.74B | $18.73B | $-148.72B | $16.07B | $-167.79B |
| Other Non-Current Assets | $21.87B | $- | $-2.00M | $-1.00M | $2.94B | $-1.21B | $20.74B | $188.00B | $27.10B | $219.64B |
| Total Non-Current Assets | $599.80B | $685.87B | $725.66B | $738.45B | $743.72B | $724.98B | $684.92B | $579.97B | $604.71B | $662.71B |
| Other Assets | $- | $2.00M | $3.00M | $2.00M | $2.00M | $4.00M | $1.00M | $3.00M | $- | $- |
| Total Assets | $1.59T | $1.77T | $1.96T | $1.93T | $1.83T | $1.87T | $1.91T | $1.77T | $1.57T | $1.96T |
| Account Payables | $318.16B | $328.90B | $379.39B | $361.82B | $312.00B | $372.17B | $384.97B | $306.01B | $212.56B | $334.55B |
| Short Term Debt | $132.23B | $182.86B | $-112.40B | $11.17B | $237.73B | $111.45B | $91.26B | $113.53B | $638.76B | $848.95B |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $115.00M | $446.00M | $- |
| Deferred Revenue | $112.14B | $148.35B | $166.70B | $151.85B | $158.51B | $185.15B | $208.33B | $248.19B | $260.83B | $279.98B |
| Other Current Liabilities | $293.82B | $222.45B | $207.80B | $208.87B | $311.30B | $144.37B | $357.72B | $381.98B | $523.10B | $503.46B |
| Total Current Liabilities | $856.36B | $882.56B | $808.20B | $885.58B | $861.02B | $813.14B | $833.94B | $801.64B | $1.37T | $1.69T |
| Long Term Debt | $457.62B | $542.73B | $572.27B | $561.89B | $538.74B | $538.21B | $537.03B | $530.33B | $92.27B | $125.33B |
| Deferred Revenue Non-Current | $7.85B | $- | $- | $- | $- | $- | $- | $- | $-7.74B | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $7.74B | $- |
| Other Non-Current Liabilities | $110.78B | $125.31B | $106.55B | $115.61B | $137.45B | $142.54B | $135.98B | $133.91B | $134.75B | $105.11B |
| Total Non-Current Liabilities | $576.25B | $668.04B | $678.82B | $677.50B | $676.19B | $680.74B | $673.01B | $664.24B | $227.02B | $230.44B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.43T | $1.55T | $1.49T | $1.56T | $1.54T | $1.49T | $1.51T | $1.47T | $1.60T | $1.92T |
| Preferred Stock | $- | $199.98B | $445.09B | $389.62B | $90.58B | $108.00B | $200.00B | $200.00B | $225.00B | $86.32B |
| Common Stock | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $500.00M | $121.89B |
| Retained Earnings | $-90.18B | $59.80B | $345.22B | $289.55B | $264.73B | $258.04B | $204.91B | $-148.60B | $-123.64B | $-87.45B |
| Accumulated Other Comprehensive Income Loss | $- | $8.76B | $9.48B | $-38.98B | $-90.58B | $-105.88B | $-112.86B | $-125.14B | $-128.46B | $-86.32B |
| Other Total Stockholders Equity | $228.36B | $135.18B | $94.88B | $56.09B | $-103.74B | $203.91B | $281.40B | $562.89B | $208.56B | $-90.59B |
| Total Stockholders Equity | $143.18B | $208.74B | $454.57B | $350.65B | $275.60B | $350.87B | $378.45B | $294.15B | $-43.05B | $30.17B |
| Total Equity | $157.42B | $222.36B | $469.27B | $364.14B | $295.14B | $372.47B | $401.71B | $307.80B | $-31.21B | $44.52B |
| Total Liabilities and Stockholders Equity | $1.59T | $1.77T | $1.96T | $1.93T | $1.83T | $1.87T | $1.91T | $1.77T | $1.57T | $1.96T |
| Minority Interest | $14.25B | $13.62B | $14.70B | $13.49B | $19.54B | $21.61B | $23.27B | $13.65B | $11.84B | $14.35B |
| Total Liabilities and Total Equity | $1.59T | $1.77T | $1.96T | $1.93T | $1.83T | $1.87T | $1.91T | $1.77T | $1.57T | $1.96T |
| Total Investments | $238.58B | $216.21B | $171.39B | $164.18B | $190.43B | $185.78B | $172.06B | $151.27B | $166.43B | $167.79B |
| Total Debt | $589.86B | $725.59B | $626.57B | $724.92B | $776.47B | $649.65B | $628.28B | $643.87B | $712.84B | $953.50B |
| Net Debt | $362.73B | $463.53B | $339.21B | $383.00B | $551.42B | $383.00B | $205.98B | $161.75B | $437.44B | $695.00B |
Cash Flow Statement
| Breakdown | March 31, 2024 | March 31, 2023 | March 31, 2022 | March 31, 2021 | March 31, 2020 | March 31, 2019 | March 31, 2018 | March 31, 2017 | March 31, 2016 | March 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-137.56B | $-239.04B | $89.80B | $66.44B | $38.33B | $75.59B | $89.42B | $-587.00M | $-231.12B | $-188.83B |
| Depreciation and Amortization | $66.22B | $89.80B | $72.40B | $71.94B | $74.71B | $78.85B | $76.12B | $68.23B | $76.72B | $109.32B |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $86.08B | $6.94B | $-30.19B | $31.46B | $-58.64B | $-77.70B | $-55.74B | $50.91B | $154.70B | $77.98B |
| Accounts Receivables | $53.84B | $41.58B | $-6.87B | $-8.78B | $101.77B | $-39.06B | $-94.39B | $22.01B | $134.99B | $33.41B |
| Inventory | $48.01B | $45.35B | $-21.47B | $53.27B | $-56.19B | $1.79B | $4.80B | $-27.45B | $137.50B | $-30.86B |
| Accounts Payables | $-40.57B | $-82.20B | $6.10B | $8.51B | $-54.32B | $-39.96B | $61.09B | $71.16B | $-121.23B | $- |
| Other Working Capital | $24.80B | $2.21B | $-7.95B | $-21.53B | $-49.90B | $-475.00M | $-60.54B | $78.36B | $17.20B | $108.84B |
| Other Non Cash Items | $109.76B | $157.05B | $-56.85B | $34.79B | $13.68B | $2.31B | $-4.52B | $8.67B | $-19.17B | $18.86B |
| Net Cash Provided by Operating Activities | $124.50B | $14.75B | $75.16B | $204.64B | $68.09B | $79.04B | $105.27B | $127.23B | $-18.87B | $17.34B |
| Investments in Property Plant and Equipment | $-40.87B | $-57.01B | $-63.07B | $-51.38B | $-93.74B | $-142.85B | $-102.06B | $-77.40B | $-46.36B | $-49.71B |
| Acquisitions Net | $-166.00M | $619.00M | $4.27B | $3.72B | $-2.38B | $10.06B | $-45.00M | $-8.62B | $3.79B | $13.40B |
| Purchases of Investments | $-13.88B | $-101.42B | $-143.69B | $-126.45B | $-165.78B | $-116.13B | $-67.96B | $-45.93B | $-26.24B | $-25.39B |
| Sales Maturities of Investments | $61.23B | $91.93B | $137.58B | $124.56B | $111.73B | $59.38B | $48.23B | $45.12B | $23.12B | $50.49B |
| Other Investing Activities | $4.56B | $24.91B | $33.46B | $35.43B | $22.28B | $21.96B | $-4.16B | $-3.84B | $5.18B | $-4.83B |
| Net Cash Used for Investing Activities | $10.88B | $-40.97B | $-31.45B | $-14.11B | $-127.88B | $-167.59B | $-126.01B | $-90.68B | $-40.51B | $-16.04B |
| Debt Repayment | $-138.56B | $-10.91B | $- | $-89.40B | $127.54B | $22.05B | $-24.40B | $287.66B | $-63.36B | $-130.86B |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $387.12B | $224.61B | $- |
| Common Stock Repurchased | $- | $- | $- | $-75.00M | $-97.08B | $-85.16B | $-32.00M | $-29.98B | $-10.00M | $- |
| Dividends Paid | $-25.00M | $-24.43B | $-18.31B | $-10.98B | $-15.03B | $-21.08B | $- | $-38.44B | $- | $- |
| Other Financing Activities | $-11.08B | $16.85B | $-105.98B | $23.73B | $-10.87B | $-4.33B | $-4.70B | $-372.60B | $-176.59B | $-5.23B |
| Net Cash Used Provided by Financing Activities | $-149.67B | $-18.48B | $-124.29B | $-76.72B | $4.56B | $-88.52B | $-29.13B | $272.20B | $-15.36B | $-136.09B |
| Effect of Forex Changes on Cash | $26.81B | $9.86B | $27.15B | $8.66B | $-3.24B | $482.00M | $852.00M | $-4.44B | $-7.94B | $16.37B |
| Net Change in Cash | $12.52B | $-32.75B | $-53.43B | $122.47B | $-58.48B | $-175.20B | $-49.48B | $303.94B | $-82.68B | $-118.42B |
| Cash at End of Period | $219.13B | $206.61B | $239.36B | $292.79B | $170.32B | $228.80B | $404.00B | $453.48B | $149.53B | $232.21B |
| Cash at Beginning of Period | $206.61B | $239.36B | $292.79B | $170.32B | $228.80B | $404.00B | $453.48B | $149.53B | $232.21B | $350.63B |
| Operating Cash Flow | $124.50B | $14.75B | $75.16B | $204.64B | $68.09B | $79.04B | $105.27B | $127.23B | $-18.87B | $17.34B |
| Capital Expenditure | $-52.57B | $-57.01B | $-63.07B | $-51.38B | $-93.74B | $-142.85B | $-102.06B | $-77.40B | $-46.36B | $-49.71B |
| Free Cash Flow | $71.92B | $-42.27B | $12.08B | $153.26B | $-25.65B | $-63.80B | $3.21B | $49.83B | $-65.23B | $-32.37B |