Three-Statement Breakdown
REVENUE DOWN
Revenue fell 5.2% year over year to $15.0B, and carried a -96.6% net margin.
REVENUE
-5.2%
15,005
GROSS PROFIT
-2.3%
5,560
NET INCOME
—
-14,497
EPS (DILUTED)
—
-$50.41
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
1,763 | 1,886 | 1,888 | 19,819 | 18,634 | 17,016 | 15,826 | 15,005 | -5.2% |
| Cost of revenue |
NOT DISCLOSED
|
— | — | — | (10,717) | (10,111) | (9,510) | (10,136) | (9,445) | -6.8% |
| Gross profit |
NOT DISCLOSED
|
— | — | — | 9,101 | 8,523 | 7,505 | 5,690 | 5,560 | -2.3% |
| Research & development |
|
(28) | (26) | (29) | (91) | (110) | (110) | (91) | (68) | -25.3% |
| SG&A |
|
(436) | (509) | (475) | (2,686) | (3,015) | (2,989) | (2,427) | (2,380) | -1.9% |
| Operating income |
|
36 | 73 | 112 | 3,422 | 2,233 | -278 | -304 | -17,723 | — |
| Interest expense |
NOT DISCLOSED
|
(219) | (251) | (148) | (96) | (57) | (90) | — | — | — |
| Income tax |
|
(7) | (20) | (24) | (828) | (798) | -297 | (49) | -4,386 | — |
| Net income |
|
-40 | -63 | -52 | 2,521 | 2,537 | -1,702 | -120 | -14,497 | — |
| EPS (diluted) |
|
-$0.42 | -$0.65 | -$0.41 | $7.94 | $8.05 | -$6.28 | -$0.44 | -$50.41 | — |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM5,690
REVENUE-821
COST OF REVENUE+690
ROUNDING+1
TO5,560
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q FILED 2026-08-03 ↗