Friday, July 3, 2020

The 136 Companies in Santa Clara County in the San Francisco Bay Area Posted Total Pretax Income of $37.5 Bil in the 1Q of 2020, Down 2% From $38.4 Bil in the 1Q of 2019. The 390 Companies in All 9 Counties in the San Francisco Bay Area Posted Total Pretax Income of $50.3 Bil in the 1Q of 2020, Down 23% From $65.2 Bil in the 1Q of 2019.

From a review of Company SEC filings, I found 136 Companies headquartered in Santa Clara County in the San Francisco Bay Area which filed their 1Q 2020 financial statements with the SEC.

The table below shows the US GAAP Pretax Income (Loss) From Continuing Operations for the first quarter of both 2020 and 2019 for each of these 136 Santa Clara County Companies.


US US
GAAP GAAP
Pretax Pretax
Income Income
(Loss) (Loss) Better
First First (Worse)
Quarter Quarter %
Santa Clara County California Companies 2020 2019  Change
All Cos Filing 1Q 2020 Financial Statements With SEC City HQs mils $ mils $
Alphabet Mountain View             7,757             8,146 -5%
Intuit Mountain View             1,408             1,797 -22%
NortonLifeLock (was named Symantec) Tempe, AZ/ Mountain View, CA                257                  20
Synopsys Mountain View                110                134
Omnicell Mountain View                  11                  11
Ceva Mountain View                  (1)                  (2)
Iridex Corp Mountain View                  (2)                  (3)
Livongo Health Mountain View                  (6)                (16)
MobileIron Mountain View                (12)                (17)
Quotient Technology Mountain View                (16)                (13)
IGM Biosciences Mountain View                (18)                  (7)
ChemoCentryx Mountain View                (22)                (12)
Elastic N.V. Mountain View                (34)                (31)
Pure Storage Mountain View                (88)                (99)
Apple Cupertino           13,135           13,793 -5%
Seagate Technology Cupertino                338                215
Durect Cupertino                (10)                  (7)
Aemetis Cupertino                (12)                (11)
Intel Santa Clara             6,614             4,547 45%
NVIDIA Santa Clara                981                389 152%
Applied Materials Santa Clara                878                759
SVB Financial Group Santa Clara                183                399
Advanced Micro Devices Santa Clara                168                    4
Arista Networks Santa Clara                162                207
Agilent Technologies Santa Clara                121                218
ServiceNow Santa Clara                  48                (11)
eHealth Santa Clara                    1                  (9)
Telenav Santa Clara                  (0)                  (5)
Intevac Santa Clara                  (1)                  (2)
PDF Solutions Santa Clara                  (4)                  (3)
SiTime Santa Clara                  (5)                  (3)
Chegg Santa Clara                  (5)                  (4)
Upwork Santa Clara/ Mountain View                (10)                  (5)
Adesto Technologies Santa Clara                (11)                  (7)
SI-BONE Santa Clara                (13)                  (9)
Ambarella Santa Clara                (14)                (16)
Landec Corp Santa Clara                (17)                    2
ShockWave Medical Santa Clara                (19)                (13)
Palo Alto Networks Santa Clara                (68)                (21)
Marvell Technology Group Ltd Santa Clara              (108)                (41)
Coherent Santa Clara              (455)                  25
Avaya Holdings Santa Clara              (635)                (19)
HP Inc Palo Alto                826                883
VMWare Palo Alto                368                351
Tesla Palo Alto                  70              (645) 111%
Varian Medical Systems Palo Alto                  53                113
Inpixon Palo Alto                  (6)                  (5)
Bill.com Holdings Palo Alto                  (8)                  (2)
Eiger BioPharmaceuticals Palo Alto                (15)                (17)
Kodiak Sciences Palo Alto                (24)                  (8)
Hercules Capital Palo Alto                (29)                  62
Cloudera Palo Alto                (56)              (100)
BridgeBio Pharma Palo Alto              (104)                (69)
Jazz Pharmaceuticals Palo Alto              (209)                115
Kulr Technology Group Campbell                  (1)                  (1)
Timber Pharmaceuticals (was BioPharmX) Campbell/ Woodland Lake NJ                  (2)                  (4)
VIVUS Campbell                  (5)                  (8)
8X8 Inc Campbell/ San Jose                (50)                (28)
Kyto Technology and Life Science Loa Altos Hills                  (0)                  (0)
Netflix Los Gatos                796                400 99%
Atomera Los Gatos                  (4)                  (4)
ROKU Los Gatos/ San Jose                (55)                (10)
KLA Corp Milpitas                115                221
Lumentum Holdings Milpitas / San Jose                  49                (83)
Aviat Networks Milpitas                    1                  (2)
Onto Innovation (was Nanometrics) Milpitas/ Wilmington, MA                  (4)                    9
FireEye Milpitas                (75)                (73)
Intuitive Surgical Sunnyvale                308                280
NetApp Sunnyvale                250                384
Fortinet Sunnyvale                117                  60
Trimble Sunnyvale                  79                  75
Juniper Networks Sunnyvale                  28                  45
Accuray Sunnyvale                    3                  (1)
eGain Sunnyvale                    2                    1
CantaBio Pharmaceuticals  Sunnyvale/ Palo Alto                    0                  (0)
Ooma Sunnyvale                  (1)                  (5)
Ondas Holdings Sunnyvale                  (3)                  (6)
GSI Technology Sunnyvale                  (4)                  (0)
Rambus Sunnyvale                  (7)                (26)
Silk Road Medical Sunnyvale                (10)                (24)
Alpha and Omega Semiconductor Ltd Sunnyvale                (11)                  (5)
CrowdStrike Holdings Sunnyvale                (18)                (25)
Inphi Sunnyvale                (20)                (22)
Proofpoint Sunnyvale                (46)                (28)
Infinera Sunnyvale                (98)              (121)
Cisco Systems San Jose             3,444             3,615 -5%
Adobe San Jose                919                702 31%
eBay San Jose                631                657
Broadcom San Jose                409                657
PayPal Holdings San Jose                263                717
Xilinx San Jose                190                260
Maxim Integrated Products San Jose                182                160
Cadence Design Systems San Jose                130                128
Fair Isaac San Jose                  62                  40
Align Technology San Jose                  53                  85
Western Digital San Jose                  46              (477)
Flex Ltd San Jose                  45                (36)
Zoom Video Communications San Jose                  29                    3
Xperi San Jose                  21                (34)
Power Integrations San Jose                  17                    7
Super Micro Computer San Jose                  16                  12
Synaptics San Jose                  16                  (8)
Sanmina San Jose                  11                  69
Viavi Solutions San Jose                    6                    1
Heritage Commerce Corp San Jose                    3                  17
Semler Scientific San Jose                    3                    2
SJW Group San Jose                    3                    8
Techpoint San Jose                    0                  (1)
A10 Networks San Jose                    0                (12)
iSign Solutions San Jose                  (0)                  (0)
SunPower San Jose                  (1)              (100)
MoSys San Jose                  (1)                    0
Summit Wireless Technologies San Jose                  (3)                  (3)
Quick Logic  San Jose/ Sunnyvale                  (3)                  (4)
DSP Group San Jose                  (3)                  (1)
Anixa Biosciences San Jose                  (3)                  (3)
Quantum San Jose                  (4)                  (8)
Netgear San Jose                  (4)                  15
Pixelworks San Jose                  (5)                    1
Immersion San Jose/ San Francisco                  (5)                (11)
Aridis Pharmaceuticals San Jose                  (7)                  (8)
Calix San Jose                  (7)                (10)
Energous San Jose                  (9)                (11)
Vocera Communications San Jose                (10)                (12)
Zscaler San Jose                (19)                (12)
California Water Service Group San Jose                (20)                  (8)
Harmonic San Jose                (21)                (12)
Arlo Technologies San Jose                (39)                (41)
Extreme Networks San Jose                (43)                  (5)
FirstHand Technology Value Fund San Jose                (45)                  (3)
Venus Concept (was Restoration Robotics) San Jose/ Toronto, Canada                (50)                  (4)
ForeScout Technologies San Jose                (61)                (34)
Bloomenergy San Jose                (82)              (109)
TiVo Corp San Jose              (180)                (20)
Nutanix San Jose              (236)              (207)
Hewlett Packard Enterprise Company  Palo Alto              (911)                440
Total all 136 Santa Clara County Companies           37,513           38,358 -2%

And the table below gives a summary of the Total Pretax Income (Loss) for all Companies in each of the 9 San Francisco Bay Area Counties.


Total Total
Pretax Pretax
Income Income
(Loss) (Loss) Better
First First (Worse)
# of Quarter  Quarter  %
San Francisco Bay Area County Cos 2020 2019 Change
mils $s mils $s
Santa Clara 136           37,513           38,358 -2%
San Mateo* 102           10,578             8,895 19%
San Francisco 69              (967)           10,451 -109%
Alameda 52                623             1,545 -60%
Contra Costa 18             3,281             5,734 -43%
Marin 9              (843)                  19 -4537%
Sonoma 2                119                210 -43%
Solano 1                    4                    6 -33%
Napa 1                  (2)                  (1) -100%
Total of all 9 Counties 390           50,306           65,217 -23%

* It should be pointed out that San Mateo County Company Facebook's 1Q of 2019 Pretax Income was burdened with a $3.0 Bil Legal Expense Charge related to its settlement with the US Federal Trade Commission.  The above San Mateo County's 19% Total Pretax Earnings increase reverses course to an 11% decline if that huge, one-time $3.0 Bil Earnings Charge was excluded.