NASDAQ$VMEO

Vimeo Inc. · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Vimeo reported Q3 2021 financial results with revenue increasing 33% to $100 million.

Vimeo's Q3 2021 revenue reached $100.1 million, a 33% increase year-over-year, driven by subscriber growth and ARPU expansion. The company now serves over 6,000 paying Enterprise customers. Vimeo Events was launched this week as the latest expansion of Vimeo's product suite.

  • Revenue increased 33% year-on-year driven by a 14% increase in subscribers and 15% growth in ARPU.
  • Enterprise revenue grew more than 60% in the quarter, and Vimeo now has more than 6,000 paying Enterprise customers.
  • GAAP operating loss was $11.5 million, compared to GAAP operating loss of $7.5 million in the third quarter of fiscal 2020.
  • Free cash flow was $9.4 million, compared to $8.6 million in the third quarter of fiscal 2020.

Headline financials

Total Revenue

$100M

Previous: $75.1M+33.2%
EPS (adj)

-$0.07

Previous: -$0.06-16.7%
Capital Expenditures

$87K

Previous: $271K-67.9%
Free Cash Flow

$9.4M

Previous: $8.63M+8.9%
Net Income

-$11.7M

Previous: -$9.81M-19.3%
Operating Income

-$11.5M

Previous: -$7.53M-52.7%
Gross Profit

$74.9M

Previous: $52.3M+43.3%
Cash & Equivalents

$341M

Previous: $12.5M+2623.6%
Total Assets

$620M

No prior period
Stock-Based Comp

$10.9M

Previous: $3.53M+210.1%

Revenue & EPS history

Vimeo · Revenue · Quarterly

$100M

Q3 2021+33.2%vs Q3 2020
Beat estimate in 9 of 10 quarters(90%)
ActualEstimate

Revenue by segment

Vimeo · $20.8M total across 1 segment · Q3 2023

  • Vimeo Enterprise
    $20.8M

Forward guidance

Vimeo will live stream a video conference to answer questions regarding its third quarter results on Thursday, November 4, 2021, at 8:30 a.m. Eastern Time. This live stream will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of Vimeo’s business.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 13 quarterly earnings reports

Historical avg

-0.5%

Avg return

Earnings day

+6.7%

Avg return

5 days after

+9.2%

Avg return

30 days after

50%

11 / 22 earnings

Positive

+43.2%

Q3 2024

Best reaction

-28.4%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q3 2025-0.4%-0.1%
Q2 2025+8.4%+2.4%+12.1%
Q1 2025-10.1%-9.7%-12.6%
Q4 2024-18.7%-14.6%-19.2%
Q3 2024+43.2%+39.2%+38.4%
Q2 2024+19.0%+30.2%+42.2%
Q1 2024+6.8%+7.4%+4.6%
Q4 2023+4.4%+9.4%+41.8%
Q3 2023+8.5%+8.2%+13.7%
Q2 2023+13.6%+2.9%-3.9%
Q1 2023+10.1%+8.6%+27.5%
Q4 2022+5.8%+8.0%-0.3%
Q3 2022+5.7%+10.6%+16.8%
Q2 2022+6.4%+12.5%-10.6%
Q1 2022-3.9%-14.0%-21.8%
Q4 2019-3.8%
Q4 2021-15.0%
Q3 2020-0.7%
Q3 2021-28.4%
Q4 2020-22.1%
Q2 2020-22.1%
Q2 2021-18.4%
Q1 2021
Q1 2020

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