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Income Statement · Annual · Millions · USD

Line item	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	791	901	1,093	1,188	1,239
Cost of revenue	127	151	174	231	246
Gross profit	664	749	919	957	994
Research and development	52	74	116	107	97
Selling, general and administrative	431	466	565	612	634
Total operating expenses	–	827	1,072	919	–
Operating income	213	(77)	(152)	38	262
Interest expense	27	27	35	41	45
Interest and investment income	–	19	43	23	22
Income before taxes	190	(86)	(145)	20	239
Income tax expense	(15)	(43)	(19)	13	29
Net income from continuing operations	205	(43)	(126)	7	210
Net income	205	(42)	(126)	7	210