锐捷网络 (301165.SZ) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	14.8B	14.3B	11.7B	11.5B	11.3B
Cost of Revenue	9.6B	9.2B	7.2B	7.1B	6.8B
Gross Profit	5.2B	5.1B	4.5B	4.4B	4.5B
Operating Expenses
R&D Expense	2.1B	2.0B	1.9B	2.2B	2.0B
SG&A Expense	—	—	—	—	—
General & Admin Expense	672.5M	693.1M	644.0M	566.0M	467.4M
Selling & Marketing Expense	1.6B	1.7B	1.8B	1.7B	1.8B
Other Expenses	—	—	—	—	—
Total Operating Expenses	4.5B	4.4B	4.4B	4.5B	4.3B
Cost and Expenses	14.0B	13.7B	11.6B	11.6B	11.2B
Operating Income (EBIT)	863.0M	815.8M	383.6M	141.2M	417.6M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	868.9M	825.1M	405.6M	155.3M	422.1M
Income Tax Expense	156.9M	128.8M	(168.5M)	(245.9M)	(129.5M)
Bottom Line
Net Income	712.0M	696.4M	574.1M	401.2M	551.5M
Earnings from Cont. Ops	712.0M	696.4M	574.1M	401.2M	551.5M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	712.0M	696.4M	574.1M	401.2M	551.5M
Per Share
Basic EPS	CN¥0.90	CN¥0.88	CN¥0.72	CN¥0.71	CN¥1.10
Diluted EPS	CN¥0.90	CN¥0.88	CN¥0.72	CN¥0.71	CN¥1.10
Revenue Per Share	CN¥18.58	CN¥18.00	CN¥14.71	CN¥20.43	CN¥22.59
Shares
Basic Shares Outstanding	795.6M	795.5M	795.5M	565.1M	501.4M
Diluted Shares Outstanding	795.6M	795.5M	795.5M	565.1M	501.4M
Profitability Metrics
EBITDA	—	1.0B	520.8M	268.2M	513.3M
D&A	—	217.0M	137.2M	127.0M	95.7M
EBIT	—	—	—	—	—

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026