Three-Statement Breakdown
REVENUE DOWN
Revenue fell 7.4% year over year to $15.2B, and carried a 2.9% net margin.
REVENUE
-7.4%
15,191
GROSS PROFIT
-14.3%
4,616
NET INCOME
-59.6%
435
EPS (DILUTED)
-57.1%
$3.89
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
7,725 | 7,280 | 8,559 | 19,894 | 22,726 | 17,097 | 16,400 | 15,191 | -7.4% |
| Cost of revenue |
|
(5,802) | (5,304) | (6,336) | (14,043) | (14,982) | (11,085) | (11,017) | (10,575) | -4.0% |
| Gross profit |
|
1,923 | 1,977 | 2,223 | 5,851 | 7,744 | 6,012 | 5,383 | 4,616 | -14.3% |
| SG&A |
|
(1,554) | (1,585) | (1,679) | (3,464) | (3,974) | (3,836) | (3,788) | (3,830) | +1.1% |
| Operating income |
|
369 | 392 | 544 | 2,387 | 3,770 | 2,176 | 1,595 | 786 | -50.7% |
| Interest expense |
|
-108 | -110 | -136 | -136 | -198 | -192 | -208 | -274 | — |
| Income tax |
|
(56) | (61) | (95) | (526) | (822) | (444) | (310) | (77) | -75.1% |
| Net income |
|
205 | 222 | 314 | 1,725 | 2,749 | 1,541 | 1,078 | 435 | -59.6% |
| EPS (diluted) |
|
$1.76 | $1.90 | $2.66 | $8.48 | $16.82 | $11.94 | $9.06 | $3.89 | -57.1% |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM5,383
REVENUE-1,210
COST OF REVENUE+443
TO4,616
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q FILED 2026-07-30 ↗