Three-Statement Breakdown
REVENUE DOWN
Revenue fell 5.1% year over year to $13.0B, and carried a -16.4% net margin.
REVENUE
-5.1%
13,040
GROSS PROFIT
-5.7%
4,275
NET INCOME
—
-2,140
EPS (DILUTED)
—
-$10.75
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
13,338 | 13,009 | 11,724 | 12,450 | 12,808 | 13,885 | 13,734 | 13,040 | -5.1% |
| Cost of revenue |
|
(6,585) | (6,378) | (5,886) | (6,226) | (7,046) | (7,333) | (7,094) | (6,866) | -3.2% |
| Gross profit |
|
4,185 | 4,201 | 3,768 | 4,053 | 3,655 | 4,369 | 4,533 | 4,275 | -5.7% |
| SG&A |
|
(2,803) | (2,728) | (2,437) | (2,554) | (2,619) | (2,780) | (2,718) | (2,644) | -2.7% |
| Operating income |
|
1,632 | 764 | -409 | 1,454 | 158 | 1,438 | 1,753 | -2,337 | — |
| Interest expense |
|
(306) | (281) | (275) | (260) | (251) | (234) | (283) | (248) | -12.3% |
| Income tax |
|
(225) | (234) | (302) | (230) | (124) | (296) | (345) | -338 | — |
| Net income |
|
1,116 | 242 | -949 | 1,006 | -175 | 949 | 1,122 | -2,140 | — |
| EPS (diluted) |
NOT DISCLOSED
|
— | — | — | — | -$0.81 | $4.37 | $5.35 | -$10.75 | — |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM4,533
REVENUE-694
COST OF REVENUE+227
FX & OTHER+208
ROUNDING+1
TO4,275
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 ↗