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Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	4,455	4,519	4,827	4,988	5,071	5,846	6,370	6,242	6,761	7,472
Cost of revenue	3,090	3,203	3,402	3,711	3,727	4,262	4,604	4,546	4,860	5,276
Net interest income	–	–	–	–	(63)	(47)	(54)	(65)	–	–
Gross profit	1,365	1,316	1,425	1,277	1,344	1,584	1,766	1,696	1,901	2,196
Research and development	–	–	–	87	74	86	111	109	111	167
Selling, general and administrative	870	871	932	932	889	909	974	960	1,138	1,266
Total operating expenses	–	–	–	–	–	1,025	1,155	1,149	1,381	1,589
Operating income	530	445	493	258	311	559	611	547	520	607
Interest expense	–	–	20	69	63	48	54	65	81	135
Interest and investment income	–	3	7	3	–	–	–	–	–	–
Other non-operating income (expense)	(185)	(1)	(4)	(13)	(147)	(159)	(139)	9	(7)	43
Income before taxes	310	166	104	71	101	353	418	313	221	(457)
Income tax expense	133	560	(301)	35	64	111	135	103	105	70
Net income from continuing operations	177	(394)	405	36	37	242	283	210	116	(527)
Net income	177	(394)	405	36	37	242	283	210	116	(527)
Net income to common shareholders	–	–	–	–	–	–	283	210	91	(562)