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Price chart (1D to 10Y)
Licensed market data — shown to members, not published to the open web.
Income Statement, fiscal years · USD, as filed
| Line item | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Total revenue | $117.92B | $116.60B | $134.90B | $164.50B | $200.96B |
| Cost of revenue | $22.64B | $25.24B | $25.95B | $30.16B | $36.17B |
| Gross profit | $95.28B | $91.36B | $108.94B | $134.34B | $164.79B |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 8080.0% |
| 7830.0% |
| 8080.0% |
| 8170.0% |
| 8200.0% |
| Research & development | $24.65B | $35.33B | $38.48B | $43.87B | $57.37B |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $48.52B | $62.41B | $62.19B | $64.96B | $81.51B |
| Operating income | $46.75B | $28.94B | $46.75B | $69.38B | $83.27B |
| Operating margin | 3960.0% | 2480.0% | 3470.0% | 4220.0% | 4140.0% |
| Interest expense | $23.00M | $185.00M | $446.00M | — | — |
| Pretax income | $47.28B | $28.81B | $47.42B | $70.66B | $85.93B |
| Tax provision | $7.91B | $5.61B | $8.33B | $8.30B | $25.47B |
| Net income | $39.37B | $23.20B | $39.09B | $62.36B | $60.45B |
| Net margin | 3340.0% | 1990.0% | 2900.0% | 3790.0% | 3010.0% |
| EBITDA | $54.72B | $37.63B | $57.92B | $84.87B | $101.89B |
| Basic EPS | 13.99 | 8.63 | 15.19 | 24.61 | 23.98 |
| Diluted EPS | 13.77 | 8.59 | 14.87 | 23.86 | 23.49 |