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Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	605	595	559	618	586	664	767	929	1,042	1,081
Cost of revenue	250	246	241	285	270	298	358	431	471	472
Net interest income	1	1	1	1	0	0	1	5	6	4
Gross profit	355	349	318	333	316	366	409	498	571	609
Research and development	55	58	72	88	84	98	112	127	138	145
Selling, general and administrative	97	94	104	121	109	126	138	156	166	175
Total operating expenses	–	–	–	–	–	–	–	–	–	–
Operating income	194	186	134	116	114	134	153	210	262	280
Other non-operating income (expense)	1	(2)	1	(1)	(0)	(0)	5	(2)	(1)	2
Income before taxes	196	185	136	116	114	134	158	214	267	286
Income tax expense	72	68	32	30	27	24	29	37	48	66
Net income from continuing operations	124	116	105	86	87	110	129	177	218	220
Net income	124	116	105	86	87	110	129	177	218	220