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Zendesk (Zendesk) Retained Earnings : $-1,280 Mil (As of Sep. 2022)


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What is Zendesk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zendesk's retained earnings for the quarter that ended in Sep. 2022 was $-1,280 Mil.

Zendesk's quarterly retained earnings declined from Mar. 2022 ($-1,126 Mil) to Jun. 2022 ($-1,221 Mil) and declined from Jun. 2022 ($-1,221 Mil) to Sep. 2022 ($-1,280 Mil).

Zendesk's annual retained earnings declined from Dec. 2019 ($-699 Mil) to Dec. 2020 ($-917 Mil) and declined from Dec. 2020 ($-917 Mil) to Dec. 2021 ($-1,140 Mil).


Zendesk Retained Earnings Historical Data

The historical data trend for Zendesk's Retained Earnings 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.

Zendesk Retained Earnings Chart

Zendesk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -398.04 -529.13 -698.78 -916.88 -1,140.24

Zendesk Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings 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 -1,078.39 -1,140.24 -1,126.08 -1,221.16 -1,280.25

Zendesk Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Zendesk  (NYSE:ZEN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Zendesk (Zendesk) Business Description

Traded in Other Exchanges
N/A
Address
989 Market Street, San Francisco, CA, USA, 94103
Founded in 2007, Zendesk provides a portfolio of customer engagement software solutions via single applications or the Sunshine suite. Its software unifies customer communication and data across various channels and business units, and simplifies customer service and engagement across self service, phone, chat, messaging, and email.
Executives
Norman Gennaro officer: SVP, Worldwide Sales 1019 MARKET STREET, SAN FRANCISCO CA 94103
Jeffrey J Titterton officer: SVP, Marketing PLANETOUT INC., P.O. BOX 500, SAN FRANCISCO CA 94104
Adrian Mcdermott officer: SVP of Product Development C/O ZENDESK, INC., 989 MARKET STREET, SUITE 300, SAN FRANCISCO CA 94103
Mikkel Svane director, officer: Chairman and CEO C/O ZENDESK, INC., 989 MARKET STREET, SUITE 300, SAN FRANCISCO CA 94103
Pat Copeland officer: Chief Engineering Officer ZENDESK, INC., 989 MARKET STREET, SAN FRANCISCO CA 94103
Ronald J Pasek director 101 INNOVATION DRIVE, SAN JOSE CA 95134
John Geschke officer: SVP, GC and Secretary C/O ZULILY, INC., 2601 ELLIOTT AVENUE, SUITE 200, SEATTLE WA 98101
Andrea Nieto officer: Chief People Officer ZENDESK, INC., 989 MARKET STREET, SAN FRANCISCO CA 94103
Soren Abildgaard officer: EVP of Engineering ZENDESK, INC., 989 MARKET STREET, SAN FRANCISCO CA 94103
Archana Agrawal director C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
L Michelle Wilson director PO BOX 81226, SEATTLE WA 98108-1226
Shelagh Glaser officer: Chief Financial Officer ZENDESK, INC., 989 MARKET STREET, SAN FRANCISCO CA 94103
Inamarie Johnson officer: Chief People Officer 1019 MARKET STREET, SAN FRANCISCO CA 94103
Alex Constantinople officer: Chief Marketing Officer 133 7TH AVE, SAN FRANCISCO CA 94118
Marc Cabi officer: Deputy Chief Financial Officer ZENDESK, INC., 989 MARKET STREET, SAN FRANCISCO CA 94103