Also trades as: AIQUY (OTC) · $vol 10M · AIL.DE (XETRA) · $vol 0M · AIQUF (OTC) · $vol 0M · AI.VI (VIE) · $vol 0M

€170.16 ($191.58)

+3.72 (+2.24%)

Weekly Expected Move ±2.8%

€161 €165 €170 €175 €180

PAR · Basic Materials · Chemicals - Specialty · Tech Score Neutral · Power 44 · €108.2B mcap · 634M float · 0.135% daily turnover

Revenue

$26.9B -0.4% ▼

5Y CAGR: +5.6%

Gross Profit

$9.6B -43.5% ▼

5Y CAGR: -6.2%

Operating Income

$5.6B +12.9% ▲

5Y CAGR: +8.9%

Net Income

$3.5B +6.4% ▲

5Y CAGR: +7.6%

EPS (Diluted)

$6.10 +6.3% ▲

5Y CAGR: +7.5%

EBITDA

$8.1B +8.6% ▲

5Y CAGR: +7.1%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$23.3B	$29.9B	$27.6B	$27.1B	$26.9B
YoY Growth	+13.9%	+28.3%	-7.8%	-2.0%	-0.4%
Cost of Revenue	$9.4B	$13.8B	$11.1B	$10.0B	$17.3B
Gross Profit	$13.9B	$16.1B	$16.5B	$17.0B	$9.6B
Gross Margin	59.8%	53.9%	59.6%	63.0%	35.8%
R&D Expenses	$304M	$308M	$309M	$309M	$439M
SG&A Expenses	$4.4B	$5.0B	$5.1B	$0	$4.0B
Operating Expenses	$9.9B	$11.8B	$11.9B	$12.1B	$4.1B
Operating Income	$4.0B	$4.3B	$4.6B	$4.9B	$5.6B
Operating Margin	17.2%	14.3%	16.6%	18.3%	20.7%
Interest Expense	$418M	$442M	$466M	$468M	$404M
Income Before Tax	$3.6B	$3.9B	$4.2B	$4.5B	$4.9B
Tax Expense	$915M	$1.0B	$972M	$1.1B	$1.2B
Net Income	$2.6B	$2.8B	$3.1B	$3.3B	$3.5B
Net Margin	11.0%	9.2%	11.1%	12.2%	13.1%
EPS (Diluted)	$4.47	$4.79	$5.34	$5.74	$6.10
EBITDA	$6.1B	$6.4B	$6.9B	$7.5B	$8.1B
Shares Outstanding	575M	576M	576M	576M	577M

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$15.7B	$14.0B	$13.6B	$13.4B	$13.7B	$13.7B	$13.2B	$13.8B
Cost of Revenue	$7.3B	$5.7B	$5.4B	$5.0B	$5.0B	$5.0B	$8.4B	$8.8B
Gross Profit	$8.4B	$8.2B	$8.2B	$8.4B	$8.6B	$8.7B	$4.8B	$5.0B
Gross Margin	53.6%	59.0%	60.3%	62.8%	63.2%	63.4%	36.6%	36.1%
R&D Expenses	$118M	$0	$121M	$0	$309M	$0	$195M	$215M
SG&A Expenses	$2.6B	$2.5B	$2.6B	$2.6B	$2.6B	$2.6B	$2.1B	$2.0B
Operating Expenses	$6.2B	$5.8B	$6.2B	$5.9B	$6.2B	$6.0B	$2.0B	$2.1B
Operating Income	$3.0B	$2.5B	$2.6B	$2.6B	$2.4B	$2.7B	$2.8B	$2.9B
Operating Margin	18.9%	17.7%	19.0%	19.4%	17.8%	19.6%	21.5%	20.9%
Interest Expense	$209M	$221M	$210M	$220M	$207M	$191M	$213M	$220M
Income Before Tax	$2.1B	$2.3B	$1.9B	$2.3B	$2.2B	$2.5B	$2.4B	$2.6B
Tax Expense	$543M	$539M	$433M	$543M	$544M	$630M	$601M	$675M
Net Income	$1.5B	$1.7B	$1.4B	$1.7B	$1.6B	$1.8B	$1.7B	$1.8B
Net Margin	9.2%	12.3%	10.0%	12.6%	11.9%	13.1%	13.0%	13.2%
EPS (Diluted)	$2.52	$3.29	$2.35	$2.91	$2.81	$3.12	$2.98	$2.86
EBITDA	$3.6B	$3.8B	$3.7B	$3.7B	$3.6B	$3.9B	$4.1B	$4.2B
Shares Outstanding	576M	524M	577M	578M	578M	578M	577M	637M

AI.PA PAR