Also trades as: ARZGY (OTC) · $vol 2M · ASG.DE (XETRA) · $vol 0M · ARZGF (OTC) · $vol 0M · GEN.BR (BRU) · $vol 0M

€41.46 ($46.58)

-0.40 (-0.96%)

Weekly Expected Move ±3.0%

€39 €40 €41 €43 €44

MIL · Financial Services · Insurance - Diversified · Tech Score Sell · Power 34 · €62.0B mcap · 773M float · 0.320% daily turnover

Revenue

$69.1B +24.9% ▲

5Y CAGR: -2.6%

Gross Profit

$69.1B +24.9% ▲

5Y CAGR: -3.1%

Operating Income

$6.4B -88.2% ▼

5Y CAGR: +3.9%

Net Income

$4.2B +12.0% ▲

5Y CAGR: +19.1%

EPS (Diluted)

$2.76 +14.0% ▲

5Y CAGR: +20.4%

EBITDA

$7.2B +3.1% ▲

5Y CAGR: +11.6%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$95.7B	$48.0B	$72.8B	$55.3B	$69.1B
YoY Growth	+21.2%	-49.8%	+51.7%	-24.1%	+24.9%
Cost of Revenue	$0	$6.1B	$5.4B	$0	$0
Gross Profit	$95.7B	$25.9B	$48.5B	$55.3B	$69.1B
Gross Margin	100.0%	53.9%	66.6%	100.0%	100.0%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$2.8B	$3.3B	$1.4B	$1.4B	$0
Operating Expenses	$2.8B	$22.0B	$42.8B	$1.4B	$62.7B
Operating Income	$92.8B	$4.2B	$6.3B	$53.9B	$6.4B
Operating Margin	97.0%	8.8%	8.7%	97.5%	9.2%
Interest Expense	$736M	$608M	$793M	$1.1B	$821M
Income Before Tax	$4.6B	$3.9B	$5.6B	$6.0B	$6.4B
Tax Expense	$1.4B	$1.4B	$1.5B	$1.8B	$1.7B
Net Income	$2.8B	$2.2B	$3.7B	$3.7B	$4.2B
Net Margin	3.0%	4.7%	5.1%	6.7%	6.0%
EPS (Diluted)	$1.79	$1.41	$2.42	$2.42	$2.76
EBITDA	$5.6B	$4.8B	$6.1B	$7.0B	$7.2B
Shares Outstanding	1.60B	1.59B	1.54B	1.54B	1.51B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$27.8B	$27.4B	$36.7B	$55.7B	-$368M	$35.7B	$34.6B	$35.3B
Cost of Revenue	-$15.8B	$518M	$1.3B	$0	$0	$0	$0	$24.8B
Gross Profit	$43.6B	$26.9B	$12.7B	$28.3B	$27.0B	$14.0B	$34.6B	$10.6B
Gross Margin	156.8%	98.1%	34.7%	50.9%	-7325.4%	39.4%	100.0%	29.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$464M	$464M	$251M	$490M	$872M	$754M	$1.1B	$810M
Operating Expenses	$25.4B	$23.6B	$451M	$522M	$840M	$377M	$31.7B	$6.5B
Operating Income	$2.9B	$4.0B	$2.5B	$18.3B	$35.7B	$4.1B	$2.9B	$4.0B
Operating Margin	10.6%	14.6%	6.8%	32.8%	-9677.2%	11.4%	8.4%	11.4%
Interest Expense	$0	$0	$424M	$542M	$608M	$844M	$399M	$406M
Income Before Tax	$2.1B	$3.4B	$2.1B	$4.9B	$1.1B	$3.5B	$2.9B	$4.0B
Tax Expense	$656M	$1.0B	$533M	$1.5B	$354M	$1.1B	$651M	$1.2B
Net Income	$1.4B	$2.2B	$1.5B	$3.1B	$646M	$1.1B	$2.0B	$2.5B
Net Margin	4.9%	8.1%	4.1%	5.5%	-175.3%	3.0%	5.8%	7.2%
EPS (Diluted)	$0.86	$1.42	$0.95	$1.99	$0.43	$1.42	$1.30	$1.66
EBITDA	-$926M	-$781M	$2.5B	$3.3B	$3.7B	$7.5B	$3.3B	$4.4B
Shares Outstanding	1.57B	1.55B	1.58B	1.55B	1.55B	1.52B	1.55B	1.50B

G.MI MIL