Three-Statement Breakdown
REVENUE UP
Revenue rose 5.6% year over year to $75.0B, and carried a 6.7% net margin.
REVENUE
+5.6%
75,048
GROSS PROFIT
+9.9%
7,619
NET INCOME
-6.0%
5,017
EPS (DILUTED)
-3.7%
$21.49
| Income statement | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
|
53,762 | 59,812 | 65,398 | 67,044 | 65,984 | 67,571 | 71,043 | 75,048 | +5.6% |
| Cost of revenue |
|
(46,488) | (51,445) | (56,744) | (57,983) | (57,697) | (59,092) | (64,113) | (67,429) | +5.2% |
| Gross profit |
|
7,274 | 8,367 | 8,654 | 9,061 | 8,287 | 8,479 | 6,930 | 7,619 | +9.9% |
| Research & development |
|
(1,300) | (1,300) | (1,300) | (1,500) | (1,700) | (1,500) | (1,600) | (2,000) | +25.0% |
| Operating income |
|
7,334 | 8,545 | 8,644 | 9,123 | 8,348 | 8,507 | 7,013 | 7,731 | +10.2% |
| Interest expense |
|
(668) | (653) | (591) | (569) | (623) | (916) | (1,036) | (1,118) | +7.9% |
| Income tax |
|
(792) | (1,011) | (1,347) | (1,235) | (948) | (1,178) | (884) | (905) | +2.4% |
| Net income |
|
5,046 | 6,230 | 6,833 | 6,315 | 5,732 | 6,920 | 5,336 | 5,017 | -6.0% |
| EPS (diluted) |
|
$17.59 | $21.95 | $24.30 | $22.76 | $21.66 | $27.55 | $22.31 | $21.49 | -3.7% |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · GROSS PROFIT · YoY BRIDGE
FROM6,930
REVENUE+4,005
COST OF REVENUE-3,316
TO7,619
No bridge for this line yet — select Gross profit to see its YoY walk.
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SRC 10-Q FILED 2026-07-23 ↗