Three-Statement Breakdown
REVENUE UP
Revenue rose 10% year over year to $27.4B, and carried a 14.9% net margin.
REVENUE
+10.3%
27,448
GROSS PROFIT
+8.6%
10,317
NET INCOME
+7.7%
4,087
EPS (DILUTED)
+10.0%
$10.45
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
21,609 | 21,390 | 17,858 | 19,628 | 20,752 | 23,196 | 24,878 | 27,448 | +10.3% |
| Cost of revenue |
|
(14,511) | (14,338) | (12,408) | (13,293) | (13,865) | (14,762) | (15,375) | (17,131) | +11.4% |
| Gross profit |
|
7,098 | 7,052 | 5,450 | 6,335 | 6,887 | 8,434 | 9,503 | 10,317 | +8.6% |
| Research & development |
|
(584) | (606) | (551) | (616) | (665) | (754) | (794) | (797) | +0.4% |
| SG&A |
|
(3,548) | (3,583) | (3,075) | (3,256) | (3,227) | (3,795) | (4,077) | (4,311) | +5.7% |
| Operating income |
NOT DISCLOSED
|
3,630 | 3,675 | — | — | — | — | — | — | — |
| Interest expense |
NOT DISCLOSED
|
— | (199) | (149) | (144) | (144) | (151) | (130) | (241) | +85.4% |
| Income tax |
|
(278) | (378) | (331) | (750) | (445) | (604) | (768) | (841) | +9.5% |
| Net income |
|
2,145 | 2,211 | 1,410 | 2,144 | 2,462 | 3,218 | 3,794 | 4,087 | +7.7% |
| EPS (diluted) |
|
$4.91 | $5.25 | $3.49 | $5.34 | $6.14 | $8.02 | $9.50 | $10.45 | +10.0% |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM9,503
REVENUE+2,570
COST OF REVENUE-1,756
TO10,317
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q FILED 2026-07-31 ↗