Independence Contract Drilling (ICD)
NYSE:ICD
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Independence Contract Drilling (ICD) Income Statement

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Independence Contract Drilling Income Statement

Last quarter (Q2 2024), Independence Contract Drilling's total revenue was $43.33M, a decrease of -23.12% from the same quarter last year. In Q2, Independence Contract Drilling's net income was $-16.72M. See Independence Contract Drilling’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 179.96M$ 210.11M$ 186.71M$ 87.95M$ 83.42M$ 203.60M
Cost of Revenue
$ 132.37M$ 173.80M$ 123.40M$ 75.75M$ 109.29M$ 190.28M
Gross Profit
$ 47.59M$ 36.31M$ 63.31M$ 12.20M$ -25.87M$ 13.32M
Operating Expense
$ 66.30M$ 68.04M$ 65.25M$ 54.61M$ 13.48M$ 16.43M
Operating Income
$ -23.36M$ -3.72M$ -2.10M$ -42.41M$ -39.35M$ -3.11M
Net Non Operating Interest Income Expense
$ -39.11M$ -35.95M$ -29.57M$ -15.19M$ -14.63M$ -14.41M
Other Income Expense
$ -3.50M$ 623.00K$ 46.15M$ -10.22M$ -42.81M$ -43.39M
Pretax Income
$ -62.47M$ -39.67M$ -71.52M$ -48.18M$ -96.78M$ -60.91M
Tax Provision
$ -3.21M$ -1.98M$ -6.20M$ 18.53M$ -147.00K$ -122.00K
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ -59.25M$ -37.70M$ -71.82M$ -66.71M$ -96.64M$ -60.79M
Basic EPS
$ -4.16$ -2.69$ -5.01$ -8.89$ -19.69$ -16.20
Diluted EPS
$ -4.16$ -2.69$ -5.01$ -8.89$ -19.69$ -16.20
Basic Average Shares
$ 57.16M$ 14.01M$ 13.03M$ 7.51M$ 4.91M$ 3.77M
Diluted Average Shares
$ 57.14M$ 14.01M$ 13.03M$ 7.51M$ 4.91M$ 3.77M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
----$ -10.86$ -4.80
Reported Normalized Diluted E P S
----$ -10.86-
Rent Expense Supplemental
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Total Expenses
$ 91.19M$ 198.29M$ 188.65M$ 130.37M$ 122.77M$ 206.71M
Net Income From Continuing And Discontinued Operation
$ -59.25M$ -37.70M$ -65.32M$ -66.71M$ -96.64M$ -60.79M
Normalized Income
$ -26.45M-$ -61.70M-$ -53.92M$ -17.49M
Interest Expense
----$ 14.63M$ 14.41M
EBIT
$ -35.38M$ -3.72M$ -71.13M$ -55.68M$ -82.16M$ -46.49M
EBITDA
$ -27.23M$ 39.83M$ -64.07M$ -54.57M$ -38.24M$ -1.13M
Currency in USD

Independence Contract Drilling Earnings and Revenue History

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