Three-Statement Breakdown
REVENUE DOWN
Revenue fell 29% year over year to $1.8B, and carried a 11.7% net margin.
REVENUE
-29.2%
1,810
GROSS PROFIT
-34.3%
1,425
NET INCOME
-73.0%
211
EPS (DILUTED)
-73.8%
$0.34
| Income statement | 24-09 | 24-12 | 25-03 | 25-06 | 25-09 | 25-12 | 26-03 | QoQ | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,284 | 1,625 | 1,740 | 2,558 | 1,959 | 2,388 | 3,379 | 1,810 | -46.4% | -29.2% | |
| Cost of revenue | (441) | (387) | (378) | (389) | (377) | (388) | (400) | (385) | -3.8% | -1.1% | |
| Gross profit |
|
843 | 1,238 | 1,362 | 2,169 | 1,581 | 2,000 | 2,978 | 1,425 | -52.2% | -34.3% |
| SG&A | (88) | (108) | (91) | (82) | (99) | (108) | (96) | (106) | +11.2% | +30.5% | |
| Operating income | -282 | 781 | 496 | 1,134 | 603 | 1,016 | 2,036 | 394 | -80.6% | -65.3% | |
| Interest expense | (158) | (186) | (118) | (106) | (110) | (106) | (97) | (75) | -22.0% | -28.6% | |
| Income tax | -105 | (147) | (79) | (236) | (129) | (208) | (433) | (85) | -80.4% | -64.0% | |
| Net income | -301 | 418 | 242 | 784 | 336 | 677 | 1,487 | 211 | -85.8% | -73.0% | |
| EPS (diluted) |
NOT DISCLOSED
10-Q
|
-$0.54 | — | $0.40 | $1.30 | $0.53 | — | $2.36 | $0.34 | -85.6% | -73.8% |
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SELECTED · GROSS PROFIT · YoY BRIDGE
FROM2,169
REVENUE-748
COST OF REVENUE+4
TO1,425
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SRC 10-Q FILED 2026-07-22 ↗