Three-Statement Breakdown
REVENUE UP
Revenue rose 8.9% year over year to $7.7B, and carried a 31.9% net margin.
REVENUE
+8.9%
7,718
GROSS PROFIT
+11.7%
5,745
NET INCOME
+19.5%
2,459
EPS (DILUTED)
+21.4%
$13.67
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
4,443 | 4,829 | 5,371 | 6,218 | 5,468 | 5,916 | 7,088 | 7,718 | +8.9% |
| Cost of revenue |
|
(1,246) | (1,387) | (1,475) | (1,637) | (1,613) | (1,687) | (1,945) | (1,973) | +1.4% |
| Gross profit |
|
3,197 | 3,442 | 3,896 | 4,581 | 3,855 | 4,229 | 5,143 | 5,745 | +11.7% |
| Research & development |
NOT DISCLOSED
|
(51) | — | — | — | — | — | — | — | — |
| SG&A |
|
(1,080) | (1,167) | (1,229) | (1,480) | (1,527) | (1,632) | (1,735) | (1,803) | +3.9% |
| Operating income |
|
1,868 | 1,998 | 2,388 | 2,844 | 1,883 | 2,137 | 2,875 | 3,351 | +16.6% |
| Interest expense |
|
-215 | -208 | -205 | -171 | -231 | -251 | -237 | -213 | — |
| Income tax |
|
(352) | (381) | (452) | (541) | (386) | (327) | (640) | (668) | +4.4% |
| Net income |
|
1,310 | 1,422 | 1,778 | 2,214 | 1,374 | 1,607 | 2,058 | 2,459 | +19.5% |
| EPS (diluted) |
|
$6.74 | $7.42 | $9.39 | $11.78 | $7.44 | $8.73 | $11.26 | $13.67 | +21.4% |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM5,143
REVENUE+630
COST OF REVENUE-28
TO5,745
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q FILED 2026-07-23 ↗