Income StatementJun '25Dec '24Jun '24

Total Revenues

6,316

5,579

5,143

Total Revenues %Chg

22.8%

24.9%

23.4%

Cost of Sales

3,116

2,827

2,715

Gross Profit

3,200

2,752

2,428

Gross Profit Margin

50.7%

49.3%

47.2%

Selling, General & Administrative Expenses

1,913

1,663

1,826

Depreciation & Amortization Expenses

311

279

282

Research & Development Expenses

657

586

582

Other Operating Expenses

1

—

—

Operating Profit

318

224

-262

Operating Margin

5%

4%

-5.1%

Interest and Investment Income

98

105

94

Interest Expense

—

—

—

Non-Operating Income

53

2

-7

Total Non-Operating Income

151

107

87

Income Before Provision for Income Taxes

469

331

-175

Provision for Income Taxes

-7

31

8

Consolidated Net Income

476

300

-183

Net Income Attributable to Minority Interests and Other

-2

-3

-3

Net Income Attributable to Common Shareholders

478

303

-180

Basic EPS

1.1

0.7

-0.4

Diluted EPS

1.1

0.7

-0.4

Basic Weighted Average Shares Outstanding

422.8

415.6

407.5

Total Shares Outstanding

426.9

419.7

413.1

Diluted Weighted Average Shares Outstanding

422.8

452.9

407.5

EBITDA

629

503

20

Effective Tax Rate

-1.5%

9.4%

-4.6%