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Income Statement · Annual · Millions · USD

Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Total revenues	847	889	876	880	858	956	1,000	1,067	1,107	1,176
Cost of revenue	705	750	718	704	673	756	788	853	904	964
Gross profit	142	139	158	176	185	200	212	214	203	211
Research and development	1	1	1	1	2	3	3	4	3	3
Total operating expenses	81	83	100	97	100	112	121	129	119	122
Operating income	60	56	59	79	85	87	90	85	85	89
Interest expense	3	3	3	2	1	2	2	3	4	2
Other non-operating income (expense)	(6)	(7)	(6)	(6)	(5)	(6)	(5)	(5)	(7)	(6)
Income before taxes	54	49	52	73	80	82	85	80	78	83
Income tax expense	18	17	13	19	20	20	22	20	19	21
Net income from continuing operations	36	33	39	54	60	62	63	60	59	62
Net income	36	33	39	54	60	62	63	60	59	62