Three-Statement Breakdown
REVENUE UP
Revenue rose 2.2% year over year to $9.9B, and carried a 13.1% net margin.
REVENUE
+2.2%
9,891
GROSS PROFIT
+1.6%
7,486
NET INCOME
-20.8%
1,293
EPS (DILUTED)
-21.4%
$8.79
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
13,453 | 14,378 | 13,445 | 10,982 | 10,173 | 9,836 | 9,676 | 9,891 | +2.2% |
| Cost of revenue |
|
(1,816) | (1,955) | (1,805) | (2,110) | (2,278) | (2,533) | (2,310) | (2,404) | +4.1% |
| Gross profit |
|
11,637 | 12,422 | 11,639 | 8,872 | 7,895 | 7,302 | 7,366 | 7,486 | +1.6% |
| Research & development |
|
(2,597) | (2,281) | (3,991) | (2,501) | (2,231) | (2,445) | (1,980) | (1,779) | -10.2% |
| SG&A |
|
(2,106) | (2,375) | (2,504) | (2,674) | (2,404) | (2,550) | (2,404) | (2,434) | +1.2% |
| Operating income |
NOT DISCLOSED
|
5,889 | 7,043 | 4,550 | 2,841 | — | — | — | — | — |
| Interest expense |
|
(201) | (187) | (222) | (254) | (247) | (247) | (250) | (268) | +6.9% |
| Income tax |
|
(1,426) | (1,158) | (992) | (52) | (633) | (135) | (274) | (264) | -3.7% |
| Net income |
|
4,431 | 5,888 | 4,001 | 1,556 | 3,047 | 1,161 | 1,632 | 1,293 | -20.8% |
| EPS (diluted) |
|
$21.58 | $31.42 | $24.80 | $10.40 | $20.87 | $7.97 | $11.18 | $8.79 | -21.4% |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM7,366
REVENUE+215
COST OF REVENUE-94
ROUNDING-1
TO7,486
No bridge for this line yet — select Gross profit to see its YoY walk.
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM
SRC 10-Q FILED 2026-07-29 ↗