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National Instruments (National Instruments) Net Income : $179 Mil (TTM As of Jun. 2023)


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What is National Instruments Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. National Instruments's Net Income for the three months ended in Jun. 2023 was $30 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was $179 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. National Instruments's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $0.23.


National Instruments Net Income Historical Data

The historical data trend for National Instruments's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Instruments Net Income Chart

National Instruments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.06 162.15 143.66 89.32 139.64

National Instruments Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.43 61.91 40.07 46.93 30.49

National Instruments Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

National Instruments's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=171.876+-32.232+0+0
=140

National Instruments's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=32.411+-1.919+0+0
=30

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $179 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Instruments  (NAS:NATI) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

National Instruments's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


National Instruments Net Income Related Terms

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National Instruments (National Instruments) Business Description

Traded in Other Exchanges
N/A
Address
11500 North MoPac Expressway, Austin, TX, USA, 78759
National Instruments provides testing and measurement equipment and integrated, software-led solutions to serve high-complexity automated testing in late product development. NI serves a long tail of more than 30,000 customers in myriad end markets but focuses on the semiconductor, transportation, and aerospace and defense verticals.
Executives
Ritu Favre officer: Executive Vice President 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Scott Arthur Rust officer: Executive Vice President C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Alexander M Davern officer: Senior Vice President and CFO C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Thomas Benjamin officer: Executive Vice President C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC EXPRESSWAY, AUSTIN TX 78759
Eric Howard Starkloff director, officer: President & CEO 11500 NORTH MOPAC, BUILDING C, AUSTIN TX 78759
Daniel Berenbaum officer: Chief Financial Officer, EVP C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226
Cashman James E Iii director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Gerhard Paul Fettweis director C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Michael E Mcgrath director 11701 LUNA ROAD, DALLAS TX 75234
Liam Griffin director 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Gayla J Delly director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Jason Elliot Green officer: Chief Revenue Officer & EVP C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Karen Marie Rapp officer: Chief Financial Officer & EVP C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Carla Pineyro Sublett officer: Chief Marketing Officer C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Jeffrey L Kodosky director C/O NATIONAL INSTRUMENTS CORP, 11500 N. MOPAC EXPRESSWAY, AUSTIN TX 78759

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