Three-Statement Breakdown
REVENUE DOWN
Revenue fell 8.8% year over year to $3.9B, and carried a -0.1% net margin.
REVENUE
-8.8%
3,863
GROSS PROFIT
-16.3%
1,087
NET INCOME
—
-4
EPS (DILUTED)
—
-$0.04
| Income statement | 24-09 | 24-12 | 25-03 | 25-06 | 25-09 | 25-12 | 26-03 | QoQ | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,232 | 3,820 | 3,657 | 4,234 | 3,941 | 3,358 | 3,287 | 3,863 | +17.5% | -8.8% | |
| Cost of revenue | (2,846) | (2,586) | (2,542) | (2,935) | (2,742) | (2,356) | (2,358) | (2,776) | +17.7% | -5.4% | |
| Gross profit | 1,386 | 1,234 | 1,115 | 1,299 | 1,199 | 1,002 | 929 | 1,087 | +17.0% | -16.3% | |
| SG&A | (958) | (930) | (931) | (988) | (971) | (940) | (912) | (958) | +5.0% | -3.0% | |
| Operating income | 428 | 304 | 184 | 311 | 229 | 62 | 17 | 129 | +678.1% | -58.7% | |
| Interest expense | -54 | -53 | -65 | -72 | -69 | -68 | -74 | -76 | — | — | |
| Income tax | (89) | (61) | (23) | (54) | (37) | -37 | -10 | (56) | — | +3.7% | |
| Net income | 285 | 190 | 96 | 185 | 122 | 31 | -47 | -4 | — | — | |
| EPS (diluted) |
NOT DISCLOSED
10-Q
|
$2.44 | — | $0.84 | $1.66 | $1.10 | — | -$0.43 | -$0.04 | — | — |
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SELECTED · GROSS PROFIT · YoY BRIDGE
FROM1,299
REVENUE-372
COST OF REVENUE+159
ROUNDING+1
TO1,087
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SRC 10-Q FILED 2026-07-30 ↗