Also trades as: BBN1.F (FSX) · $vol 0M

$118.51

-0.06 (-0.05%)

Weekly Expected Move ±5.1%

$106 $112 $118 $124 $130

NYSE · Financial Services · Asset Management · Alpha Radar Sell · Power 43 · $142.4B mcap · 732M float · 1.12% daily turnover · Short 58% of daily vol

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$13.8B +21.6% ▲

5Y CAGR: +20.7%

Gross Profit

$11.9B +8.9% ▲

5Y CAGR: +17.9%

Operating Income

$7.2B +11.1% ▲

5Y CAGR: +22.4%

Net Income

$3.0B +8.7% ▲

5Y CAGR: +23.6%

EPS (Diluted)

$3.88 +7.2% ▲

5Y CAGR: +20.9%

EBITDA

$7.2B +11.1% ▲

5Y CAGR: +21.8%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$16.9B	$7.4B	$7.4B	$11.4B	$13.8B
YoY Growth	+212.1%	-55.8%	-0.2%	+52.9%	+21.6%
Cost of Revenue	$198M	$317M	$432M	$444M	$1.9B
Gross Profit	$16.7B	$7.1B	$7.0B	$10.9B	$11.9B
Gross Margin	98.8%	95.7%	94.2%	96.1%	86.0%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$928M	$1.1B	$1.2B	$1.4B	$1.5B
Operating Expenses	$3.1B	$3.7B	$4.0B	$4.5B	$4.7B
Operating Income	$13.6B	$3.5B	$3.0B	$6.5B	$7.2B
Operating Margin	80.5%	46.5%	39.8%	56.8%	51.9%
Interest Expense	$198M	$317M	$432M	$444M	$508M
Income Before Tax	$13.6B	$3.5B	$3.0B	$6.5B	$7.2B
Tax Expense	$1.2B	$473M	$513M	$1.0B	$1.1B
Net Income	$5.9B	$1.7B	$1.4B	$2.8B	$3.0B
Net Margin	34.8%	23.5%	18.7%	24.4%	21.8%
EPS (Diluted)	$8.13	$2.36	$1.84	$3.62	$3.88
EBITDA	$13.6B	$3.5B	$3.0B	$6.5B	$7.2B
Shares Outstanding	720M	741M	755M	767M	781M

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$2.4B	$3.0B	$2.8B	$2.9B	$3.7B	$2.8B	$4.4B	$4.1B
Cost of Revenue	$109M	$111M	$116M	$118M	$136M	$126M	$1.5B	$60M
Gross Profit	$2.3B	$2.9B	$2.7B	$2.8B	$3.6B	$2.7B	$2.8B	$4.0B
Gross Margin	95.5%	96.3%	95.9%	96.0%	96.3%	95.5%	64.5%	98.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$318M	$344M	$345M	$344M	$361M	$394M	$448M	$0
Operating Expenses	$1.1B	$1.1B	$1.1B	$1.4B	$1.7B	$1.2B	$448M	$2.4B
Operating Income	$1.2B	$1.8B	$1.6B	$1.5B	$1.9B	$1.4B	$2.4B	$1.6B
Operating Margin	50.3%	60.4%	55.4%	49.3%	51.6%	51.4%	54.2%	38.8%
Interest Expense	$109M	$111M	$116M	$118M	$136M	$126M	$128M	$137M
Income Before Tax	$1.2B	$1.8B	$1.6B	$1.5B	$1.9B	$1.4B	$2.4B	$1.5B
Tax Expense	$260M	$245M	$232M	$244M	$289M	$210M	$382M	$197M
Net Income	$444M	$781M	$704M	$615M	$764M	$625M	$1.0B	$650M
Net Margin	18.5%	26.0%	25.0%	20.9%	20.6%	22.2%	23.3%	15.8%
EPS (Diluted)	$0.58	$1.02	$0.92	$0.80	$0.98	$0.80	$1.30	$0.83
EBITDA	$1.2B	$1.8B	$1.6B	$1.5B	$1.9B	$1.5B	$2.4B	$1.6B
Shares Outstanding	769M	768M	769M	772M	782M	782M	781M	784M

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