Income StatementOct '25Jul '25Apr '25Jan '25Oct '24Jul '24Apr '24Jan '24Oct '23Jul '23Apr '23Jan '23Oct '22Jul '22

Total Revenues

4,565.2

4,341.1

4,136

3,953.6

3,740.4

3,516.3

Total Revenues %Chg

22%

23.5%

25.9%

29.4%

31.4%

33.1%

Cost of Sales

1,181.2

1,128.5

1,055.6

991.5

926.1

866

Gross Profit

3,383.9

3,212.6

3,080.4

2,962.1

2,814.4

2,650.3

Gross Profit Margin

74.1%

74%

74.5%

74.9%

75.2%

75.4%

Selling, General & Administrative Expenses

2,432.8

2,319.7

2,156.6

2,005.7

1,844.1

1,700.6

Research & Development Expenses

1,343.5

1,271.5

1,175.8

1,076.9

975.8

896.2

Operating Profit

-392.4

-378.7

-252

-120.4

-5.5

53.4

Operating Margin

-8.6%

-8.7%

-6.1%

-3%

-0.1%

1.5%

Interest and Investment Income

193.7

195

195.7

196.2

191.3

179.1

Interest Expense

-27.1

-26.8

-26.5

-26.3

-26.1

-26

Non-Operating Income

-5.5

-8.1

-6.5

5.1

9.8

9.8

Total Non-Operating Income

161.1

160.1

162.7

175

175

162.9

Income Before Provision for Income Taxes

-231.3

-218.6

-89.3

54.5

169.5

216.4

Provision for Income Taxes

84.1

79.6

84.6

71.1

38.5

41.8

Consolidated Net Income

-315.4

-298.2

-173.9

-16.6

131.1

174.6

Net Income Attributable to Minority Interests and Other

-1.2

-1.2

-1.6

2.7

4.4

4.4

Net Income Attributable to Preferred Dividends

—

—

—

—

—

—

Net Income Attributable to Common Shareholders

-314.2

-297

-172.3

-19.3

126.7

170.2

Basic EPS

-1.3

-1.2

-0.7

-0.1

0.5

0.7

Diluted EPS

-1.3

-1.2

-0.7

-0.1

0.5

0.7

Basic Weighted Average Shares Outstanding

249.2

247.7

246.2

244.8

243.2

241.7

Total Shares Outstanding

252.1

250.8

249.1

247.9

246.3

245.1

Diluted Weighted Average Shares Outstanding

249.2

247.7

248

244.8

248.7

248.3

EBITDA

-131

-133.9

-22.7

93.5

193.4

235.5

Effective Tax Rate

-36.3%

-36.4%

-94.7%

130.4%

22.7%

19.3%