Three-Statement Breakdown
REVENUE UP
Revenue rose 16% year over year to $48.4B, and carried a 28.2% net margin.
REVENUE
+16.0%
48,371
GROSS PROFIT
+17.5%
23,759
NET INCOME
+33.2%
13,650
EPS (DILUTED)
—
—
| Income statement | TTM 24-09 | TTM 24-12 | TTM 25-03 | TTM 25-06 | TTM 25-09 | TTM 25-12 | TTM 26-03 | vs prior TTM | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 37,587 | 39,001 | 40,173 | 41,693 | 43,379 | 45,183 | 46,890 | 48,371 | +3.2% | +16.0% | |
| Cost of revenue | (20,579) | (21,038) | (21,325) | (21,476) | (22,520) | (23,275) | (23,900) | (24,612) | +3.0% | +14.6% | |
| Gross profit |
|
17,009 | 17,963 | 18,849 | 20,217 | 20,859 | 21,908 | 22,990 | 23,759 | +3.3% | +17.5% |
| Research & development | (2,822) | (2,925) | (3,046) | (3,159) | (3,278) | (3,391) | (3,528) | (3,711) | +5.2% | +17.5% | |
| SG&A | (1,688) | (1,702) | (1,719) | (1,734) | (1,774) | (1,888) | (2,070) | (2,127) | +2.8% | +22.7% | |
| Operating income | 9,641 | 10,418 | 11,132 | 12,304 | 12,643 | 13,327 | 13,937 | 14,355 | +3.0% | +16.7% | |
| Interest expense | (701) | (719) | (730) | (744) | (735) | (777) | (854) | (847) | -0.8% | +13.9% | |
| Income tax | (1,199) | (1,254) | (1,295) | (1,435) | (1,658) | (1,741) | (2,682) | (2,843) | +6.0% | +98.2% | |
| Net income | 7,781 | 8,712 | 9,270 | 10,248 | 10,431 | 10,981 | 13,374 | 13,650 | +2.1% | +33.2% | |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM20,217
REVENUE+6,678
COST OF REVENUE-3,136
TO23,759
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q FILED 2026-07-17 ↗