Three-Statement Breakdown
REVENUE UP
Revenue rose 7.8% year over year to $37.4B, and carried a 12.6% net margin.
REVENUE
+7.8%
37,442
GROSS PROFIT
+3.5%
13,829
NET INCOME
-17.1%
4,729
EPS (DILUTED)
-15.5%
$7.36
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 41,802 | 36,709 | 32,637 | 34,392 | 35,466 | 33,009 | 34,717 | 37,442 | +7.8% | |
| Cost of revenue |
|
(29,046) | (24,339) | (22,169) | (22,061) | (22,347) | (20,637) | (21,360) | (23,613) | +10.5% |
| Gross profit | 12,756 | 12,370 | 10,468 | 12,331 | 13,119 | 12,372 | 13,357 | 13,829 | +3.5% | |
| Research & development |
|
(1,809) | (1,556) | (1,334) | (1,333) | (1,478) | (1,375) | (1,454) | (1,812) | +24.6% |
| SG&A |
|
(6,051) | (5,519) | (4,772) | (4,798) | (5,214) | (4,887) | (5,235) | (5,450) | +4.1% |
| Operating income |
NOT DISCLOSED
|
— | — | — | — | 8,022 | 7,563 | 7,667 | 8,127 | +6.0% |
| Interest expense |
|
(367) | (357) | (359) | (343) | (414) | (749) | (1,048) | (1,344) | +28.2% |
| Income tax |
|
(659) | (1,329) | (1,147) | (1,625) | (1,412) | (1,262) | (1,249) | (1,008) | -19.3% |
| Net income | 6,765 | 6,143 | 4,779 | 5,542 | 4,966 | 5,658 | 5,705 | 4,729 | -17.1% | |
| EPS (diluted) | $8.98 | $8.41 | $6.72 | $7.91 | $7.27 | $8.47 | $8.71 | $7.36 | -15.5% | |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM13,357
REVENUE+2,725
COST OF REVENUE-2,253
TO13,829
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q/A FILED 2026-07-24 ↗