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Income Statement · Annual · Millions · USD
Line itemFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Total revenues1882431781195343136188187237
Cost of revenue170215––8240143164148177
Gross profit9128––(29)3(7)243960
Research and development913109764222
Selling, general and administrative44413128232027282528
Total operating expenses98–––––––––
Operating income(17)(10)(70)(76)(144)(31)(35)231223
Interest expense2232007314
Other non-operating income (expense)10(1)(11)(0)11(7)2(1)(4)
Income before taxes(7)(11)(81)(76)(143)(31)(42)251120
Income tax expense(2)6(7)0(6)(0)(0)01(11)
Net income from continuing operations(4)(18)(73)(76)(136)(31)(42)251031
Net income(49)(27)(70)(34)(136)(31)(42)251031
Net income to common shareholders–––––(31)(42)(3)10–