Sumo Logic Net Income

Sumo Logic posts a net income of $-120M as of January 2023. That compares with $-120M in the prior-year period — down 1.2% year over year. That is below the Technology sector average of $12T. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Sumo Logic's net income was $-120M. The latest reading is $-120M — a 1.2% year-over-year decrease (period ending January 2023). Use the history and growth charts on this page for a longer lookback.

For Technology stocks, a net income near $12T is typical. Sumo Logic's $-120M is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Net Income is one piece of Sumo Logic's financial statement story. At $-120M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for SUMO's net income usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $12T), and (3) consistency with growth and profitability. This page covers the first two; Sumo Logic's other metric pages and overview cover the third.