Private company
AVALARA, INC.
Last updated Oct 16, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
70.5%Gross margin3
-16.7%Operating margin3
-19.4%Net margin3
39.6%Revenue growth, 20213
-13.2%Return on equity3
$26.5MFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue30¢$206.3M
- Research and development24¢$171.0M
- Other costs46¢$318.3M
- Income tax0¢$3.3M
Out of $699.0M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2021
- Capital spending22¢$7.7M
- Kept or used elsewhere78¢$26.5M
Out of $34.1M of cash from operations.3
Financial statements
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $167.4M4 | $213.2M5 | $272.1M6 | $382.4M3 | $500.6M3 | $699.0M3 | |
| Cost of revenue | $48.5M4 | $58.0M5 | $78.6M6 | $115.5M3 | $143.8M3 | $206.3M3 | |
| Gross profit | $118.9M4 | $155.2M5 | $193.4M6 | $266.9M3 | $356.8M3 | $492.6M3 | |
| Research and development | $32.8M4 | $41.3M5 | $51.9M6 | $83.0M3 | $121.6M3 | $171.0M3 | |
| Operating income | -$54.3M4 | -$63.3M5 | -$76.1M6 | -$57.6M3 | -$68.1M3 | -$116.9M3 | |
| Income tax | $640.0K4 | -$1.2M5 | -$976.0K6 | $955.0K3 | -$8.3M3 | $3.3M3 | |
| Net income | -$57.9M4 | -$64.1M5 | -$75.5M6 | -$52.0M3 | -$55.3M3 | -$135.6M3 |
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $10.7M4 | $20.2M5 | $14.1M5 | $142.3M6 | $466.9M3 | $673.6M3 | $1.5B3 |
| Current assets | $61.1M4 | $207.3M5 | $566.8M6 | $832.9M3 | $1.8B3 | ||
| Total assets | $178.8M4 | $322.9M5 | $807.3M6 | $1.6B3 | $2.7B3 | ||
| Current liabilities | $136.9M4 | $185.7M5 | $271.7M6 | $378.9M3 | $567.7M3 | ||
| Long-term debt | $38.8M4 | ||||||
| Total liabilities | $201.5M4 | $213.4M5 | $343.5M6 | $522.2M3 | $1.7B3 | ||
| Shareholders’ equity | -$263.3M4 | -$343.2M5 | -$393.6M6 | $109.6M3 | $463.7M3 | $1.1B3 | $1.0B3 |
| Shares outstanding | 6.0M shares4 | 66.8M shares5 | 77.4M shares6 | 85.1M shares3 | 87.1M shares3 |
Former names
- AVALARA INCDec 19, 2005 to Aug 10, 20182
Recent filings
- Oct 19, 20228-K
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
- Oct 19, 20224 FORM 4 SUBMISSION
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARAVALARA, INC. filings on SEC EDGAR
- 2SEC EDGARAVALARA, INC. filings on SEC EDGAR
- 3SEC EDGARAVALARA, INC. 10-K for fiscal 2021
- 4SEC EDGARAVALARA, INC. 10-K for fiscal 2016
- 5SEC EDGARAVALARA, INC. 10-K for fiscal 2017
- 6SEC EDGARAVALARA, INC. 10-K for fiscal 2018