Three-Statement Breakdown
REVENUE UP
Revenue rose 17% year over year to $3.2B, and carried a 12.4% net margin.
REVENUE
+17.5%
3,179
GROSS PROFIT
+23.8%
1,161
NET INCOME
+17.6%
395
EPS (DILUTED)
+18.9%
$2.33
| Income statement | 24-09 | 24-12 | 25-03 | 25-06 | 25-09 | 25-12 | 26-03 | QoQ | YoY | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,663 | 2,583 | 2,610 | 2,706 | 2,886 | 2,965 | 2,950 | 3,179 | +7.8% | +17.5% | |
| Cost of revenue | (1,783) | (1,786) | (1,710) | (1,768) | (1,884) | (1,999) | (1,889) | (2,018) | +6.8% | +14.1% | |
| Gross profit | 880 | 797 | 900 | 938 | 1,002 | 966 | 1,061 | 1,161 | +9.4% | +23.8% | |
| Research & development | (50) | (51) | (46) | (50) | (59) | (68) | (56) | (70) | +25.0% | +40.0% | |
| SG&A | (318) | (333) | (307) | (347) | (375) | (461) | (401) | (400) | -0.2% | +15.3% | |
| Operating income | 433 | 334 | 474 | 472 | 491 | 356 | 517 | 600 | +16.1% | +27.1% | |
| Interest expense | (52) | (53) | (46) | (46) | (65) | (68) | (71) | (80) | +12.7% | +73.9% | |
| Income tax | (92) | (71) | (99) | (111) | (112) | (87) | (106) | (122) | +15.1% | +9.9% | |
| Net income | 283 | 212 | 322 | 336 | 310 | 202 | 362 | 395 | +9.1% | +17.6% | |
| EPS (diluted) |
NOT DISCLOSED
10-Q
|
$1.63 | — | $1.88 | $1.96 | $1.81 | — | $2.12 | $2.33 | +9.9% | +18.9% |
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SELECTED · GROSS PROFIT · YoY BRIDGE
FROM938
REVENUE+473
COST OF REVENUE-250
TO1,161
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SRC 10-Q FILED 2026-07-22 ↗