Three-Statement Breakdown
REVENUE DOWN
Revenue fell 3.8% year over year to $48.3B, and carried a -2.7% net margin.
REVENUE
-3.8%
48,296
GROSS PROFIT
+2.4%
6,080
NET INCOME
—
-1,322
EPS (DILUTED)
—
-$0.33
| Income statement | 24-09 | 24-12 | 25-03 | 25-06 | 25-09 | 25-12 | 26-03 | QoQ | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 46,196 | 48,211 | 40,659 | 50,184 | 50,534 | 45,890 | 43,253 | 48,296 | +11.7% | -3.8% | |
| Cost of revenue | (40,168) | (41,301) | (35,188) | (44,245) | (43,411) | (51,622) | (35,311) | (42,216) | +19.6% | -4.6% | |
| Gross profit |
|
6,028 | 6,910 | 5,471 | 5,939 | 7,123 | -5,732 | 7,942 | 6,080 | -23.4% | +2.4% |
| SG&A | (2,456) | (2,777) | (2,431) | (2,706) | (2,740) | (2,972) | (2,807) | (2,684) | -4.4% | -0.8% | |
| Operating income | 880 | 1,231 | 319 | 511 | 1,558 | -11,557 | 2,329 | 638 | -72.6% | +24.9% | |
| Interest expense |
NOT DISCLOSED
10-Q
|
— | — | (288) | (297) | — | — | (350) | (357) | +2.0% | +20.2% |
| Income tax | -27 | (483) | (148) | (570) | -630 | -3,756 | (361) | -711 | — | — | |
| Net income | 892 | 1,824 | 471 | -36 | 2,448 | -11,054 | 2,551 | -1,322 | — | — | |
| EPS (diluted) |
NOT DISCLOSED
10-Q
|
$0.22 | — | $0.12 | -$0.01 | $0.60 | — | $0.63 | -$0.33 | — | — |
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SELECTED · GROSS PROFIT · YoY BRIDGE
FROM5,939
REVENUE-1,888
COST OF REVENUE+2,029
TO6,080
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SRC 10-Q FILED 2026-07-29 ↗