Adeia (ADEA) Depreciation Expense (2019 - 2022)
Adeia recorded quarterly Depreciation Expense of $5.4 million in Q3 2022, down 2.13% quarter-over-quarter from $5.5 million in Q2 2022, and down 20.72% year-over-year from $6.8 million in Q3 2021.
Adeia's Depreciation Expense history runs 4 years deep, the most recent figure standing at $5.4 million for Q3 2022.
- In Q3 2022, Depreciation Expense fell 20.72% year-over-year to $5.4 million; the TTM figure through Sep 2022 stood at $22.6 million (down 6.35% YoY), while the FY2021 annual figure was $23.8 million, up 32.83% from the prior year.
- Depreciation Expense came in at $5.4 million for Q3 2022 at Adeia, down from $5.5 million in the prior quarter.
- In the past five years, Depreciation Expense ranged from a high of $6.8 million in Q3 2021 to a low of $1.6 million in Q3 2019.
- A 4-year average of $4.5 million and a median of $5.5 million in 2021 frame the typical range for Depreciation Expense.
- Across the five-year window, Depreciation Expense jumped 314.55% in 2020 and retreated 20.72% in 2022, its largest moves.
- Adeia's Depreciation Expense stood at $1.7 million in 2019, then jumped by 266.55% to $6.1 million in 2020, then decreased by 4.85% to $5.8 million in 2021, then decreased by 7.22% to $5.4 million in 2022.
- According to Business Quant data, Depreciation Expense over the past three periods registered $5.4 million, $5.5 million, and $5.9 million for Q3 2022, Q2 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | - |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Adeia | 2.94 Bn | 2.83 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 5.39 Mn |
| Jun 30, 2022 | 5.51 Mn |
| Mar 31, 2022 | 5.87 Mn |
| Dec 31, 2021 | 5.81 Mn |
| Sep 30, 2021 | 6.80 Mn |
| Jun 30, 2021 | 5.51 Mn |
| Mar 31, 2021 | 5.68 Mn |
| Dec 31, 2020 | 6.10 Mn |
| Sep 30, 2020 | 6.75 Mn |
| Jun 30, 2020 | 3.33 Mn |
| Mar 31, 2020 | 1.73 Mn |
| Dec 31, 2019 | 1.67 Mn |
| Sep 30, 2019 | 1.63 Mn |
| Jun 30, 2019 | 1.76 Mn |