STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $38.2B | $32.0B | $28.6B | $26.9B | |
| YoY % | — | -16.3% | -10.6% | -6.0% | |
| P / Sales | 0.3x | 0.3x | 0.2x | 0.3x | |
| EV / Sales | 0.4x | 0.5x | 0.5x | 0.6x | |
| Gross Profit, Adj. | $7.5B | $3.5B | $1.6B | $2.3B | |
| YoY % | — | -53.6% | -55.1% | +47.8% | |
| Margin % | 19.6% | 10.9% | 5.4% | 8.6% | |
| EV / Gross Profit | 2.2x | 4.8x | 8.5x | 6.5x | |
| EBITDA, Adj. | $4.7B | $3.0B | $1.1B | $1.8B | |
| YoY % | — | -36.9% | -63.2% | +68.0% | |
| Margin % | 12.3% | 9.3% | 3.8% | 6.8% | |
| EV / EBITDA | 3.5x | 5.6x | 12.1x | 8.1x | |
| EBIT | $4.1B | $2.2B | $261.0M | $927.0M | |
| YoY % | — | -45.7% | -88.2% | +255.2% | |
| Margin % | 10.6% | 6.9% | 0.9% | 3.5% | |
| EV / EBIT | 4.1x | 7.6x | 50.7x | 16.0x | |
| Net Income | $2.9B | $1.6B | $177.0M | $579.0M | |
| YoY % | — | -45.0% | -88.9% | +227.1% | |
| Net Margin | 7.6% | 5.0% | 0.6% | 2.2% | |
| EPS (GAAP) | $14.28 | $8.29 | $0.91 | $3.08 | |
| YoY % | — | -41.9% | -89.0% | +238.5% |