Three-Statement Breakdown
REVENUE UP
Revenue rose 11% year over year to $4.5B, and carried a 19.4% net margin.
REVENUE
+10.8%
4,477
GROSS PROFIT
+8.5%
3,072
NET INCOME
+21.3%
867
EPS (DILUTED)
+21.9%
$0.39
| Income statement | 24-09 | 24-12 | 25-03 | 25-06 | 25-09 | 25-12 | 26-03 | QoQ | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,699 | 3,987 | 4,241 | 4,042 | 4,146 | 4,508 | 4,828 | 4,477 | -7.3% | +10.8% | |
| Cost of revenue | (1,024) | (1,239) | (1,476) | (1,211) | (1,395) | (1,447) | (1,749) | (1,405) | -19.7% | +16.0% | |
| Gross profit |
|
2,675 | 2,748 | 2,765 | 2,831 | 2,751 | 3,061 | 3,079 | 3,072 | -0.2% | +8.5% |
| SG&A | (176) | (182) | (187) | (188) | (183) | (186) | (184) | (192) | +4.3% | +2.1% | |
| Operating income | 1,015 | 1,108 | 1,145 | 1,152 | 1,063 | 1,364 | 1,444 | 1,346 | -6.8% | +16.8% | |
| Interest expense | -466 | -442 | -451 | -452 | -456 | -442 | -430 | -425 | — | — | |
| Income tax | (113) | (197) | (186) | (177) | (185) | (284) | (287) | (272) | -5.2% | +53.7% | |
| Net income | 625 | 667 | 717 | 715 | 628 | 996 | 976 | 867 | -11.2% | +21.3% | |
| EPS (diluted) |
NOT DISCLOSED
10-Q
|
$0.28 | — | $0.32 | $0.32 | $0.28 | — | $0.44 | $0.39 | -11.4% | +21.9% |
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SELECTED · GROSS PROFIT · YoY BRIDGE
FROM2,831
REVENUE+435
COST OF REVENUE-194
TO3,072
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SRC 10-Q FILED 2026-07-24 ↗