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Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	1,868	2,146	2,448	2,595	2,537	2,810	2,791	1,712	1,700	1,993
Cost of revenue	872	975	1,146	1,186	1,212	1,260	1,260	672	662	872
Gross profit	996	1,172	1,303	1,409	1,325	1,550	1,531	1,040	1,037	1,121
Research and development	59	85	106	114	120	131	154	114	109	145
Selling, general and administrative	563	700	797	852	744	860	864	623	675	720
Operating income	319	372	322	427	423	628	500	259	104	118
Interest expense	55	83	103	80	66	57	54	85	84	100
Interest and investment income	0	1	1	2	1	1	1	12	6	6
Income before taxes	246	285	220	340	358	559	446	185	26	25
Income tax expense	8	130	23	(122)	22	74	83	42	(31)	(34)
Net income from continuing operations	238	155	196	462	336	485	363	144	57	59
Net income	237	153	201	461	335	485	363	356	70	(906)