Three-Statement Breakdown
REVENUE UP
Revenue rose 7.9% year over year to $6.1B, and carried a 14.6% net margin.
REVENUE
+7.9%
6,115
GROSS PROFIT
+7.4%
2,615
NET INCOME
+9.2%
895
EPS (DILUTED)
+9.7%
$18.88
| Income statement | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
2,902 | 3,164 | 3,086 | 4,614 | 5,459 | 5,636 | 5,670 | 6,115 | +7.9% |
| Cost of revenue |
|
(1,791) | (1,920) | (1,905) | (2,773) | (3,128) | (3,196) | (3,235) | (3,501) | +8.2% |
| Gross profit |
|
1,111 | 1,243 | 1,181 | 1,841 | 2,330 | 2,439 | 2,435 | 2,615 | +7.4% |
| Research & development |
NOT DISCLOSED
|
— | — | — | — | (352) | (356) | (293) | (317) | +8.4% |
| SG&A |
|
(694) | (715) | (662) | (1,068) | (804) | (852) | (903) | (931) | +3.2% |
| Operating income |
|
417 | 492 | 480 | 624 | 972 | 1,034 | 989 | 1,150 | +16.2% |
| Interest expense |
|
(26) | (21) | (15) | (91) | (89) | (77) | (58) | (60) | +2.9% |
| Income tax |
|
(60) | (71) | (68) | (88) | (119) | (72) | (117) | (199) | +69.6% |
| Net income |
|
334 | 402 | 402 | 445 | 789 | 886 | 819 | 895 | +9.2% |
| EPS (diluted) |
|
$9.01 | $10.73 | $10.62 | $10.05 | $16.53 | $18.49 | $17.21 | $18.88 | +9.7% |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM2,435
REVENUE+445
COST OF REVENUE-265
TO2,615
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q FILED 2026-07-24 ↗