Income StatementJun '25Dec '24Jun '24

Total Revenues

2,115.9

1,907.1

1,694.8

Total Revenues %Chg

24.8%

30.3%

26.8%

Cost of Sales

1,561.6

1,403.3

1,236.1

Gross Profit

554.3

503.8

458.7

Gross Profit Margin

26.2%

26.4%

27.1%

Selling, General & Administrative Expenses

371.9

306.4

275.3

Research & Development Expenses

759.6

720.5

723.7

Operating Profit

-577.2

-523

-540.3

Operating Margin

-27.3%

-27.4%

-31.9%

Interest and Investment Income

95.2

93

86.6

Interest Expense

-20.7

-20.6

-20.6

Non-Operating Income

8.4

-7.9

-3.7

Total Non-Operating Income

82.9

64.5

62.3

Income Before Provision for Income Taxes

-494.3

-458.5

-478

Provision for Income Taxes

1.8

3

1.2

Consolidated Net Income

-496.1

-461.5

-479.1

Net Income Attributable to Minority Interests and Other

-2.7

-2.6

-2.6

Net Income Attributable to Common Shareholders

-493.4

-458.9

-476.5

Basic EPS

-0.7

-0.7

-0.8

Diluted EPS

-0.7

-0.7

-0.8

Basic Weighted Average Shares Outstanding

678.3

656

638.9

Total Shares Outstanding

693.2

668.4

646.6

Diluted Weighted Average Shares Outstanding

678.3

656

638.9

EBITDA

-469.7

-403.1

-433.8

Effective Tax Rate

-0.4%

-0.6%

-0.2%