Markforged Holding Corp financial data

Symbol
MKFG, MKFG-WT on NYSE
Industry
Computer Peripheral Equipment, NEC
Location
60 Tower Road, Waltham, Massachusetts
Fiscal year end
December 31
Former names
one (to 7/9/2021)
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 411 % -37.5%
Quick Ratio 62.9 % -5.88%
Debt-to-equity 53.4 % +47.8%
Return On Equity -71 % -270%
Return On Assets -46.3 % -229%
Operating Margin -141 % -66.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 199 M shares +1.91%
Common Stock, Shares, Outstanding 199 M shares +2.49%
Entity Public Float 148 M USD -18%
Common Stock, Value, Issued 19 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 199 M shares +2.01%
Weighted Average Number of Shares Outstanding, Diluted 199 M shares +2.01%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 90.2 M USD -12.5%
Revenue from Contract with Customer, Excluding Assessed Tax 90.2 M USD -12.5%
Cost of Revenue 47.3 M USD -9.96%
Research and Development Expense 40.3 M USD -4.52%
Selling and Marketing Expense 35.1 M USD -22.2%
General and Administrative Expense 47.8 M USD -5.93%
Operating Income (Loss) -127 M USD -45.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -121 M USD -147%
Income Tax Expense (Benefit) -771 K USD -85.3%
Net Income (Loss) Attributable to Parent -120 M USD -148%
Earnings Per Share, Basic -0.61 USD/shares -144%
Earnings Per Share, Diluted -0.61 USD/shares -144%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 108 M USD +19%
Accounts Receivable, after Allowance for Credit Loss, Current 21.5 M USD -17.7%
Inventory, Net 23.8 M USD -18.7%
Other Assets, Current 1.73 M USD -48.5%
Assets, Current 158 M USD -25.5%
Property, Plant and Equipment, Net 17.9 M USD -6.43%
Operating Lease, Right-of-Use Asset 35.8 M USD -19.7%
Goodwill 0 USD -100%
Other Assets, Noncurrent 3.73 M USD +22.7%
Assets 232 M USD -29.4%
Accounts Payable, Current 11.9 M USD +13%
Employee-related Liabilities, Current 5.4 M USD -4.15%
Accrued Liabilities, Current 12.5 M USD +8.66%
Contract with Customer, Liability, Current 9.61 M USD +4.74%
Liabilities, Current 60.1 M USD +53.5%
Contract with Customer, Liability, Noncurrent 5.46 M USD -6.46%
Operating Lease, Liability, Noncurrent 34.6 M USD -12%
Other Liabilities, Noncurrent 2.03 M USD -47.5%
Liabilities 104 M USD +15.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.07 M USD -191%
Retained Earnings (Accumulated Deficit) -241 M USD -100%
Stockholders' Equity Attributable to Parent 128 M USD -46.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 128 M USD -46.3%
Liabilities and Equity 232 M USD -29.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -7.42 M USD +52.3%
Net Cash Provided by (Used in) Financing Activities -181 K USD -392%
Net Cash Provided by (Used in) Investing Activities -1.32 M USD +92.7%
Common Stock, Shares Authorized 1 B shares 0%
Common Stock, Shares, Issued 199 M shares +1.92%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -8.93 M USD +73.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 109 M USD +20.6%
Deferred Tax Assets, Valuation Allowance 0 USD
Cash and Cash Equivalents, Period Increase (Decrease) -19.5 M USD -42.1%
Deferred Tax Assets, Gross 89 M USD +24.5%
Operating Lease, Liability 42 M USD -11.4%
Depreciation 1.16 M USD +170%
Payments to Acquire Property, Plant, and Equipment 1.32 M USD -19.6%
Property, Plant and Equipment, Gross 29.1 M USD +7.09%
Operating Lease, Liability, Current 7.32 M USD -8.31%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10.3 M USD -21.7%
Deferred Tax Assets, Operating Loss Carryforwards 10.5 M USD -6.48%
Unrecognized Tax Benefits 78.6 M USD +32%
Operating Lease, Payments 1.85 M USD +52.2%
Additional Paid in Capital 370 M USD +3.52%
Operating Leases, Future Minimum Payments, Due in Two Years 7.65 M USD +0.91%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 5.02 M USD -11.9%
Share-based Payment Arrangement, Expense 13.1 M USD -23.6%
Operating Leases, Future Minimum Payments, Due in Three Years 7.78 M USD +1.66%
Operating Leases, Future Minimum Payments Due 52.2 M USD -13.7%
Interest Expense 527 K USD +4691%