Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 641.3B | 398.2B | 420.5B | 416.6B | 432.2B |
| Cost of Revenue | 239.6B | 129.5B | 195.1B | 108.8B | 154.4B |
| Gross Profit | 401.7B | 268.8B | 225.4B | 307.9B | 277.8B |
| Operating Expenses | |||||
| R&D Expense | 713.0M | 3.0B | 1.7B | 4.1B | 3.5B |
| SG&A Expense | 12.2B | 12.0B | 10.8B | 11.0B | 10.5B |
| General & Admin Expense | 12.3B | 12.0B | 7.2B | 11.0B | 10.5B |
| Selling & Marketing Expense | 1.1B | — | 3.5B | — | — |
| Other Expenses | 84.9B | 80.3B | 22.9B | 125.0B | 69.8B |
| Total Operating Expenses | 112.6B | 95.4B | 35.4B | 140.1B | 83.8B |
| Cost and Expenses | 352.2B | 224.8B | 230.5B | 248.8B | 238.2B |
| Operating Income (EBIT) | 289.9B | 173.4B | 190.0B | 167.8B | 193.3B |
| Non-Operating | |||||
| Interest Income | 4.8B | 4.9B | 4.6B | 4.8B | 3.0B |
| Interest Expense | 2.5B | 2.6B | 6.1B | 5.3B | 6.0B |
| Net Interest Income | 2.3B | 2.3B | (1.5B) | (549.0M) | (3.0B) |
| Other Non-Op Income/Expense | (6.0B) | (3.8B) | 5.3B | 5.2B | 1.4B |
| Non-Operating Income (excl Interest) | (2.3B) | (2.7B) | 2.5B | 2.8B | (4.5B) |
| EBT (Pre-Tax Income) | 283.8B | 169.6B | 190.0B | 173.0B | 194.8B |
| Income Tax Expense | 74.9B | 47.5B | 52.0B | 48.9B | 53.1B |
| Bottom Line | |||||
| Net Income | 208.8B | 122.1B | 137.9B | 123.8B | 141.7B |
| Earnings from Cont. Ops | 208.9B | 122.1B | 138.0B | 124.1B | 141.7B |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 207.9B | 118.9B | 137.9B | 123.8B | 141.7B |
| Per Share | |||||
| Basic EPS | $4.37 | $2.57 | $2.90 | $2.60 | $3.03 |
| Diluted EPS | $4.37 | $2.57 | $2.90 | $2.60 | $3.03 |
| Revenue Per Share | $13.49 | $8.38 | $8.84 | $8.76 | $9.32 |
| Shares | |||||
| Basic Shares Outstanding | 47.5B | 47.5B | 47.6B | 47.6B | 46.4B |
| Diluted Shares Outstanding | 47.5B | 47.5B | 47.6B | 47.6B | 46.7B |
| Profitability Metrics | |||||
| EBITDA | 275.5B | 254.1B | 261.7B | 235.7B | 260.9B |
| D&A | 85.4B | 81.5B | 74.2B | 70.7B | 63.1B |
| EBIT | 195.3B | 176.1B | 187.5B | 165.0B | 197.8B |
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 Jun 1, 2026