Loading company

Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	2,570	2,885	3,179	3,292	2,812	3,076	3,548	4,118	4,308	3,769
Cost of revenue	2,142	2,383	2,682	2,750	2,347	2,712	3,114	3,333	3,413	3,137
Gross profit	428	503	497	542	465	363	434	786	896	633
Realized investment gains (losses)	–	–	–	(2)	(1)	(0)	(1)	1	0	–
Research and development	107	105	111	115	101	108	101	120	136	137
Selling, general and administrative	395	429	458	488	416	450	473	577	628	617
Total operating expenses	395	429	458	488	416	516	473	577	651	655
Operating income	33	74	39	54	50	(152)	(39)	209	245	(22)
Interest expense	7	15	16	20	14	16	28	37	34	31
Other non-operating income (expense)	5	20	(2)	(6)	(8)	(3)	(23)	(28)	(26)	(21)
Income before taxes	38	94	37	48	42	(155)	(62)	181	219	(43)
Income tax expense	(4)	45	2	11	4	28	9	53	75	15
Net income from continuing operations	42	49	34	37	39	(183)	(72)	128	144	(58)
Net income	43	49	35	36	37	(173)	(74)	126	142	(60)