Private company
Casa Systems 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 2022
36.2%Gross margin3
-23.9%Operating margin3
-27.6%Net margin3
-28.6%Revenue growth, 20223
-160.3%Return on equity3
-$12.3MFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue49¢$182.9M
- Research and development23¢$85.2M
- Selling, general and admin23¢$86.9M
- Interest5¢$17.6M
- Income tax0¢$615.0K
Out of $286.5M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $316.1M4 | $351.6M5 | $297.1M6 | $282.3M7 | $393.2M3 | $401.3M3 | $286.5M3 |
| Cost of revenue | $97.8M4 | $93.5M5 | $79.2M6 | $119.8M7 | $192.6M3 | $213.1M3 | $182.9M3 |
| Gross profit | $218.3M4 | $258.1M5 | $218.0M6 | $162.5M7 | $200.6M3 | $188.2M3 | $103.7M3 |
| Research and development | $49.2M4 | $60.7M5 | $71.0M6 | $83.3M7 | $84.4M3 | $84.4M3 | $85.2M3 |
| Selling, general and admin | $61.2M5 | $68.0M6 | $88.3M7 | $92.0M3 | $85.6M3 | $86.9M3 | |
| Operating income | $114.8M4 | $136.2M5 | $79.0M6 | -$9.1M7 | $24.2M3 | $18.3M3 | -$68.5M3 |
| Interest | $902.0K4 | $17.5M5 | $19.8M6 | $20.5M7 | $16.9M3 | $15.0M3 | $17.6M3 |
| Income tax | $27.0M4 | $34.3M5 | -$7.1M6 | $23.8M7 | -$15.1M3 | $287.0K3 | $615.0K3 |
| Net income | $88.7M4 | $88.5M5 | $73.0M6 | -$48.2M7 | $24.8M3 | $3.2M3 | -$79.2M3 |
| Earnings per share | -$1.074 | $0.345 | $0.876 | -$0.577 | $0.303 | $0.043 | -$0.863 |
| Earnings per share (diluted) | -$1.074 | $0.265 | $0.796 | -$0.577 | $0.293 | $0.043 | -$0.863 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $329.6M5 | $260.8M4 | $280.6M5 | $113.6M6 | $157.5M7 | $154.7M3 | $126.3M3 |
| Current assets | $425.3M4 | $417.5M5 | $308.4M6 | $370.7M7 | $355.0M3 | $291.8M3 | |
| Total assets | $469.7M4 | $474.6M6 | $444.3M6 | $493.0M7 | $468.7M3 | $398.3M3 | |
| Current liabilities | $100.6M4 | $89.1M5 | $94.5M6 | $119.2M7 | $90.9M3 | $323.9M3 | |
| Long-term debt | $295.5M4 | $293.3M5 | $284.8M6 | $276.1M7 | $274.2M3 | ||
| Total liabilities | $419.5M4 | $399.8M6 | $405.7M6 | $416.6M7 | $386.8M3 | $348.9M3 | |
| Shareholders’ equity | -$71.7M5 | $50.2M6 | $74.9M7 | $38.6M3 | $76.4M3 | $81.9M3 | $49.4M3 |
| Shares outstanding | 81.0M shares4 | 83.0M shares4 | 83.8M shares6 | 83.6M shares7 | 84.4M shares3 | 94.7M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $110.8M4 | $95.0M5 | $98.5M6 | -$39.0M7 | $53.6M3 | $33.6M3 | -$8.6M3 |
| Capital spending | $7.4M4 | $7.0M5 | $8.0M6 | $8.6M7 | $5.2M3 | $3.9M3 | $3.7M3 |
| Free cash flow | $103.4M | $88.0M | $90.6M | -$47.6M | $48.5M | $29.7M | -$12.3M |
| Share buybacks | $75.1M6 | $1.8M7 | $3.0M3 | $8.8M3 | $1.2M3 | ||
| Dividend per share | $2.924 | $1.765 |
Recent filings
- Jun 10, 20248-K
- May 3, 20248-K
- Apr 3, 20248-K
- Apr 2, 20248-K
- Mar 28, 20248-K
- Jan 5, 20243
- Jan 2, 20248-K
- Jan 2, 20244
- Dec 14, 20234
- Dec 12, 20234
- Nov 21, 20238-K
- Nov 8, 202310-Q
- Nov 7, 20238-K
- Sep 29, 20238-K
- Sep 14, 20234
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.
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