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Income Statement · Annual · Millions · USD
Line itemFY2018FY2019FY2020FY2021FY2022FY2023FY2024
Total revenues9121,1988457831,0601,123509
Cost of revenue1,0071,2018558121,1081,045758
Gross profit(450)(2)(10)(29)(48)78(249)
Research and development50373447504638
Selling, general and administrative82978689101126174
Total operating expenses140133120143152297327
Operating income(590)(136)(130)(172)(200)(219)(577)
Interest expense26263228304245
Other non-operating income (expense)(12)(28)4(67)(26)(54)(20)
Income before taxes(602)(163)(126)(239)(226)(274)(597)
Income tax expense(1)1012032(1)18
Net income from continuing operations(601)(174)(138)(239)(258)(273)(615)
Net income(604)(183)(143)(255)(267)(276)(614)
MAXNQ · FinancialMD