Three-Statement Breakdown
LITTLE CHANGED
Revenue was little changed at $33.7B year over year, and carried a 8.8% net margin.
REVENUE
-1.3%
33,670
GROSS PROFIT
+0.9%
8,516
NET INCOME
-27.3%
2,957
EPS (DILUTED)
-27.7%
$20.50
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
23,771 | 23,571 | 19,811 | 24,021 | 28,074 | 34,065 | 34,102 | 33,670 | -1.3% |
| Cost of revenue |
|
(18,034) | (17,591) | (14,917) | (18,326) | (21,355) | (25,816) | (25,663) | (25,154) | -2.0% |
| Gross profit |
|
5,737 | 5,980 | 4,894 | 5,695 | 6,719 | 8,249 | 8,439 | 8,516 | +0.9% |
| Research & development |
|
(902) | (1,001) | (906) | (1,090) | (1,278) | (1,500) | (1,463) | (1,396) | -4.6% |
| SG&A |
|
(2,437) | (2,454) | (2,125) | (2,374) | (2,687) | (3,333) | (3,275) | (3,125) | -4.6% |
| Operating income |
|
2,786 | 2,700 | 2,269 | 2,706 | 2,929 | 1,761 | 3,750 | 4,025 | +7.3% |
| Interest expense |
|
(114) | (109) | (100) | (111) | (199) | (375) | (370) | (329) | -11.1% |
| Income tax |
|
(566) | (566) | (527) | (587) | (636) | (786) | (835) | (1,006) | +20.5% |
| Net income |
|
2,187 | 2,268 | 1,811 | 2,164 | 2,183 | 840 | 4,068 | 2,957 | -27.3% |
| EPS (diluted) |
|
$13.15 | $14.48 | $12.01 | $14.61 | $15.12 | $5.15 | $28.37 | $20.50 | -27.7% |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM8,439
REVENUE-432
COST OF REVENUE+509
TO8,516
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q FILED 2026-08-04 ↗