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Income Statement · Annual · Millions · USD

Line item	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	18,914	18,608	17,456	20,613	17,288	18,951	22,486	21,747
Cost of revenue	–	–	–	–	12,991	13,789	16,505	–
Gross profit	–	–	–	–	4,297	5,162	5,981	–
Research and development	400	401	419	503	416	493	686	625
Selling, general and administrative	2,689	2,761	2,820	3,120	1,977	2,607	3,197	3,092
Operating income	3,637	2,491	3,083	2,645	3,984	2,160	2,646	2,172
Interest expense	–	–	298	319	238	306	580	458
Income before taxes	3,842	2,672	2,855	2,400	3,823	1,999	2,274	1,798
Income tax expense	1,073	517	849	699	616	521	1,062	240
Net income from continuing operations	2,769	2,155	2,006	1,701	3,207	1,478	1,212	1,558
Net income	2,769	2,155	2,006	1,701	3,534	1,349	5,604	1,484
Net income to common shareholders	2,734	2,116	1,982	1,664	3,534	1,349	–	–