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Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	969	1,139	1,208	1,185	1,176	1,511	1,757	1,665	1,685	1,787
Cost of revenue	785	927	956	923	984	1,227	1,413	1,316	1,359	1,478
Net interest income	(2)	(2)	(2)	(2)	(4)	(5)	(22)	(31)	(35)	(31)
Gross profit	185	213	251	263	193	284	344	349	326	309
Research and development	13	14	15	18	20	27	29	28	29	26
Selling, general and administrative	129	144	153	147	134	164	169	158	146	143
Operating income	29	40	62	71	8	77	120	136	47	110
Interest expense	–	–	–	–	–	–	22	31	35	31
Other non-operating income (expense)	(2)	(1)	(43)	(3)	4	5	5	3	2	2
Income before taxes	25	36	17	66	8	77	103	108	15	82
Income tax expense	(0)	25	(4)	12	(7)	5	17	12	9	7
Net income from continuing operations	26	11	21	53	15	72	86	96	6	75
Net income	26	11	21	53	15	72	86	96	6	75