Three-Statement Breakdown
REVENUE UP
Revenue rose 5.1% year over year to $16.6B, and carried a -8.0% net margin.
REVENUE
+5.1%
16,607
GROSS PROFIT
-0.3%
12,212
NET INCOME
—
-1,335
EPS (DILUTED)
—
-$0.54
| Income statement | 24-09 | 24-12 | 25-03 | 25-06 | 25-09 | 25-12 | 26-03 | QoQ | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16,657 | 15,624 | 15,529 | 15,806 | 17,276 | 16,400 | 16,286 | 16,607 | +2.0% | +5.1% | |
| Cost of revenue | (4,080) | (3,828) | (3,419) | (3,557) | (3,855) | (5,551) | (4,195) | (4,395) | +4.8% | +23.6% | |
| Gross profit |
|
12,577 | 11,796 | 12,110 | 12,249 | 13,421 | 10,849 | 12,091 | 12,212 | +1.0% | -0.3% |
| Research & development | (5,862) | (4,584) | (3,621) | (4,048) | (4,234) | (3,886) | (12,592) | (9,741) | -22.6% | +140.6% | |
| SG&A | (2,731) | (2,863) | (2,552) | (2,649) | (2,633) | (2,899) | (2,700) | (2,904) | +7.6% | +9.6% | |
| Interest expense | (330) | (328) | (313) | (305) | (327) | (412) | (479) | (525) | +9.6% | +72.1% | |
| Income tax | (929) | (426) | (818) | (571) | (958) | (457) | (709) | (654) | -7.8% | +14.5% | |
| Net income | 3,157 | 3,743 | 5,079 | 4,427 | 5,785 | 2,963 | -4,240 | -1,335 | — | — | |
| EPS (diluted) |
NOT DISCLOSED
10-Q
|
$1.24 | — | $2.01 | $1.76 | $2.32 | — | -$1.72 | -$0.54 | — | — |
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SELECTED · GROSS PROFIT · YoY BRIDGE
FROM12,249
REVENUE+801
COST OF REVENUE-838
TO12,212
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SRC 10-Q FILED 2026-08-07 ↗