Income StatementJul '25Jan '25Jul '24Jan '24Jul '23Jan '23Jul '22Jan '22Jul '21Jan '21Jul '20Jan '20Jul '19Jan '19

Total Revenues

20,065

19,437

18,458

18,007

16,850

16,221

Total Revenues %Chg

8.7%

7.9%

9.5%

11%

11.4%

14.3%

Cost of Sales

4,507

4,322

4,321

4,303

4,238

4,188

Gross Profit

15,558

15,115

14,137

13,704

12,612

12,033

Gross Profit Margin

77.5%

77.8%

76.6%

76.1%

74.8%

74.2%

Selling, General & Administrative Expenses

8,303

8,272

7,821

7,874

7,537

7,980

Research & Development Expenses

2,941

2,776

2,717

2,479

2,427

2,408

Other Operating Expenses

40

354

107

228

760

828

Operating Profit

4,274

3,713

3,492

3,123

1,888

817

Operating Margin

21.3%

19.1%

18.9%

17.3%

11.2%

5%

Interest and Investment Income

—

—

—

—

—

—

Interest Expense

—

—

—

—

—

—

Non-Operating Income

106

21

212

9

-70

-309

Total Non-Operating Income

106

21

212

9

-70

-309

Income Before Provision for Income Taxes

4,380

3,734

3,704

3,132

1,818

508

Provision for Income Taxes

952

499

742

462

352

396

Consolidated Net Income

3,428

3,235

2,962

2,670

1,466

112

Net Income Attributable to Common Shareholders

3,428

3,235

2,962

2,670

1,466

112

Basic EPS

3.6

3.4

3.1

2.8

1.5

0.1

Diluted EPS

3.6

3.3

3

2.7

1.5

0.1

Basic Weighted Average Shares Outstanding

958

957

967

971

977

990

Total Shares Outstanding

955

962

958

971

975

981

Diluted Weighted Average Shares Outstanding

966

969

979

981

987

993

EBITDA

7,023

6,456

6,321

5,917

4,978

3,656

Effective Tax Rate

21.7%

13.4%

20%

14.8%

19.4%

78%