Also trades as: KEY-PI (NYSE) · $vol 1M · KEY-PL (NYSE) · $vol 1M · KEY-PJ (NYSE) · $vol 0M · KEY-PK (NYSE) · $vol 0M · 0JQR.L (LSE) · $vol 0M

$21.56

+0.07 (+0.33%)

Weekly Expected Move ±3.1%

$20 $20 $21 $22 $22

NYSE · Financial Services · Banks - Regional · Alpha Radar Neutral · Power 54 · $23.4B mcap · 1.08B float · 1.31% daily turnover · Short 54% of daily vol

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$11.2B +23.6% ▲

5Y CAGR: +9.4%

Gross Profit

$7.0B +71.7% ▲

5Y CAGR: +5.0%

Operating Income

$2.3B +852.9% ▲

5Y CAGR: +8.2%

Net Income

$1.8B +1236.0% ▲

5Y CAGR: +6.4%

EPS (Diluted)

$1.52 +575.0% ▲

5Y CAGR: +3.7%

EBITDA

$2.3B +1096.6% ▲

5Y CAGR: +6.9%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$7.3B	$7.9B	$10.2B	$9.1B	$11.2B
YoY Growth	+2.7%	+7.9%	+29.3%	-11.5%	+23.6%
Cost of Revenue	-$122M	$1.4B	$4.5B	$5.0B	$4.2B
Gross Profit	$7.5B	$6.5B	$5.7B	$4.1B	$7.0B
Gross Margin	101.7%	82.5%	56.0%	44.8%	62.3%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$2.8B	$2.8B	$2.8B	$2.9B	$3.3B
Operating Expenses	$4.2B	$4.2B	$4.6B	$4.4B	$4.7B
Operating Income	$3.3B	$2.3B	$1.2B	-$306M	$2.3B
Operating Margin	44.4%	29.5%	11.3%	-3.4%	20.6%
Interest Expense	$296M	$885M	$4.0B	$4.7B	$3.8B
Income Before Tax	$3.3B	$2.3B	$1.2B	-$306M	$2.3B
Tax Expense	$642M	$422M	$196M	-$143M	$475M
Net Income	$2.6B	$1.9B	$967M	-$161M	$1.8B
Net Margin	35.8%	24.2%	9.5%	-1.8%	16.3%
EPS (Diluted)	$2.63	$1.93	$0.88	$-0.32	$1.52
EBITDA	$3.3B	$2.5B	$1.3B	-$233M	$2.3B
Shares Outstanding	957M	933M	933M	950M	1.10B

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$2.7B	$1.9B	$1.9B	$2.7B	$2.8B	$2.8B	$2.9B	$2.7B
Cost of Revenue	$1.3B	$1.3B	$1.1B	$1.1B	$1.1B	$1.1B	$971M	$889M
Gross Profit	$1.4B	$547M	$754M	$1.6B	$1.7B	$1.8B	$1.9B	$1.8B
Gross Margin	51.4%	29.3%	40.2%	59.5%	60.5%	62.8%	66.0%	67.4%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$674M	$705M	$780M	$712M	$867M	$893M	$812M	$959M
Operating Expenses	$1.0B	$1.1B	$1.2B	$1.1B	$1.2B	$1.2B	$1.2B	$1.1B
Operating Income	$335M	-$506M	-$413M	$515M	$539M	$602M	$648M	$701M
Operating Margin	12.5%	-27.1%	-22.0%	19.1%	19.3%	21.2%	22.7%	25.7%
Interest Expense	$1.2B	$1.2B	$1.1B	$974M	$966M	$947M	$863M	$783M
Income Before Tax	$335M	-$506M	-$413M	$515M	$539M	$602M	$648M	$658M
Tax Expense	$62M	-$95M	-$169M	$109M	$116M	$112M	$138M	$136M
Net Income	$274M	-$410M	-$244M	$405M	$425M	$489M	$510M	$522M
Net Margin	10.2%	-22.0%	-13.0%	15.0%	15.2%	17.3%	17.8%	19.1%
EPS (Diluted)	$0.25	$-0.47	$-0.28	$0.33	$0.35	$0.41	$0.43	$0.44
EBITDA	$360M	-$487M	-$408M	$518M	$547M	$609M	$648M	$701M
Shares Outstanding	938M	949M	987M	1.11B	1.10B	1.10B	1.10B	1.08B

KEY NYSE