Three-Statement Breakdown
REVENUE UP
Revenue rose 18% year over year to $45.9B, and carried a 19.0% net margin.
REVENUE
+18.5%
45,855
GROSS PROFIT
—
—
NET INCOME
+32.8%
8,704
EPS (DILUTED)
+35.9%
$8.14
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
97,012 | 90,221 | 75,833 | 56,469 | 29,139 | 35,348 | 38,702 | 45,855 | +18.5% |
| Cost of revenue |
NOT DISCLOSED
RESTATED · WAS (50,392)
|
(72,818) | (66,911) | (60,421) | (53,895) | (44,273) | (22,939) | (24,308) | — | — |
| Gross profit |
NOT DISCLOSED
|
24,194 | 23,310 | 15,412 | 2,574 | -15,134 | 12,409 | 14,394 | — | — |
| Research & development |
|
(3,415) | (3,118) | (2,565) | (1,682) | (808) | (1,011) | (1,286) | (1,580) | +22.9% |
| SG&A |
|
(14,643) | (13,806) | (12,628) | (8,177) | (3,672) | (4,045) | (4,437) | (4,088) | -7.9% |
| Income tax |
|
(93) | (552) | -487 | -757 | (169) | (994) | (962) | (1,405) | +46.0% |
| Net income |
|
-22,355 | -4,979 | 5,704 | -6,337 | 336 | 9,482 | 6,556 | 8,704 | +32.8% |
| EPS (diluted) |
|
-$2.62 | -$4.99 | $4.63 | -$6.00 | $0.05 | $8.36 | $5.99 | $8.14 | +35.9% |
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SRC 10-Q FILED 2026-07-16 ↗