Three-Statement Breakdown
REVENUE UP
Revenue rose 2.3% year over year to $9.5B, and carried a 28.2% net margin.
REVENUE
+2.3%
9,467
GROSS PROFIT
+4.0%
6,801
NET INCOME
+7.5%
2,673
EPS (DILUTED)
+10.1%
$6.02
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
5,825 | 6,260 | 6,675 | 7,776 | 8,080 | 8,544 | 9,256 | 9,467 | +2.3% |
| Cost of revenue |
|
(1,911) | (1,992) | (2,057) | (2,303) | (2,454) | (2,561) | (2,719) | (2,666) | -1.9% |
| Gross profit |
|
3,914 | 4,268 | 4,618 | 5,473 | 5,626 | 5,983 | 6,537 | 6,801 | +4.0% |
| Research & development |
|
(432) | (457) | (463) | (508) | (539) | (614) | (686) | (698) | +1.7% |
| SG&A |
|
(1,484) | (1,638) | (1,726) | (2,001) | (2,009) | (2,151) | (2,318) | (2,378) | +2.6% |
| Interest expense |
|
(206) | (223) | (231) | (224) | (221) | (239) | (225) | (222) | -1.3% |
| Income tax |
|
(266) | (301) | (360) | (454) | (545) | (596) | (637) | (687) | +7.8% |
| Net income |
|
1,428 | 1,500 | 1,638 | 2,037 | 2,114 | 2,344 | 2,486 | 2,673 | +7.5% |
| EPS (diluted) |
|
$2.93 | $3.11 | $3.42 | $4.27 | $4.49 | $5.07 | $5.47 | $6.02 | +10.1% |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM6,537
REVENUE+211
COST OF REVENUE+53
TO6,801
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q FILED 2026-08-06 ↗