Three-Statement Breakdown
REVENUE UP
Revenue rose 2.8% year over year to $23.6B, and carried a 13.9% net margin.
REVENUE
+2.8%
23,596
GROSS PROFIT
+6.4%
8,592
NET INCOME
+93.0%
3,291
EPS (DILUTED)
+99.6%
$5.03
| Income statement | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
23,968 | 22,317 | 23,668 | 20,637 | 22,331 | 22,952 | 23,596 | +2.8% |
| Cost of revenue |
|
(16,275) | (14,906) | (15,609) | (13,547) | (14,527) | (14,875) | (15,004) | +0.9% |
| Gross profit |
|
7,693 | 7,411 | 8,059 | 7,090 | 7,804 | 8,077 | 8,592 | +6.4% |
| Research & development |
|
(319) | (274) | (275) | (236) | (251) | (267) | (273) | +2.2% |
| SG&A |
|
(6,244) | (5,665) | (5,258) | (5,078) | (5,387) | (5,661) | (5,764) | +1.8% |
| Interest expense |
NOT DISCLOSED
|
(335) | (240) | (219) | (225) | — | — | — | — |
| Income tax |
|
-233 | (108) | (868) | -182 | -468 | (111) | (245) | +120.7% |
| Net income |
|
5,674 | 631 | 1,637 | 1,532 | 1,849 | 1,705 | 3,291 | +93.0% |
| EPS (diluted) |
|
$6.49 | $0.84 | $2.27 | $2.19 | $2.69 | $2.52 | $5.03 | +99.6% |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM8,077
REVENUE+644
COST OF REVENUE-129
TO8,592
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q FILED 2026-07-29 ↗