Also trades as: 0KOC.L (LSE) · $vol 2M

$225.60

-3.65 (-1.59%)

After Hours: $225.22 (-0.38, -0.17%)

Weekly Expected Move ±3.7%

$211 $219 $228 $237 $245

NYSE · Financial Services · Insurance - Property & Casualty · Tech Score Strong Buy · Power 73 · $133.2B mcap · 580M float · 0.507% daily turnover · Short 50% of daily vol

Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: $173.8M held by 218 funds, 60 bp over Treasuries → details ▾

Not rated: lending and leverage are a financial company's business, which the model misreads.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$87.6B +16.3% ▲

5Y CAGR: +15.5%

Gross Profit

$25.8B +23.6% ▲

5Y CAGR: +12.6%

Operating Income

$14.2B +32.8% ▲

5Y CAGR: +14.7%

Net Income

$11.3B +33.3% ▲

5Y CAGR: +14.7%

EPS (Diluted)

$19.23 +33.5% ▲

5Y CAGR: +14.8%

EBITDA

$14.8B +31.4% ▲

5Y CAGR: +13.9%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$47.7B	$49.6B	$62.1B	$75.3B	$87.6B
YoY Growth	+11.8%	+4.0%	+25.2%	+21.4%	+16.3%
Cost of Revenue	$37.3B	$42.0B	$50.3B	$54.4B	$61.8B
Gross Profit	$10.3B	$7.5B	$11.8B	$20.9B	$25.8B
Gross Margin	21.7%	15.2%	18.9%	27.7%	29.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0
Operating Expenses	$6.1B	$6.6B	$6.9B	$10.2B	$11.6B
Operating Income	$4.2B	$922M	$4.9B	$10.7B	$14.2B
Operating Margin	8.8%	1.9%	7.9%	14.2%	16.2%
Interest Expense	$219M	$244M	$268M	$279M	$278M
Income Before Tax	$4.2B	$922M	$4.9B	$10.7B	$14.2B
Tax Expense	$859M	$200M	$1.0B	$2.2B	$2.9B
Net Income	$3.4B	$722M	$3.9B	$8.5B	$11.3B
Net Margin	7.0%	1.5%	6.3%	11.3%	12.9%
EPS (Diluted)	$5.66	$1.18	$6.58	$14.40	$19.23
EBITDA	$4.8B	$1.5B	$5.5B	$11.3B	$14.8B
Shares Outstanding	587M	587M	588M	588M	588M

Line Item	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3
Revenue	$20.3B	$20.4B	$22.0B	$22.5B	$22.7B	$22.2B	$23.6B	$23.2B
Cost of Revenue	$14.4B	$14.3B	$15.1B	$19.0B	$16.1B	$13.8B	$17.7B	$0
Gross Profit	$5.8B	$6.1B	$6.9B	$3.5B	$6.7B	$8.4B	$5.9B	$23.2B
Gross Margin	28.8%	30.1%	31.3%	15.8%	29.3%	37.7%	25.2%	100.0%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0	$0	$0	$0
Operating Expenses	$2.9B	$2.9B	$2.9B	$224M	$3.0B	$4.8B	$1.7B	$19.9B
Operating Income	$3.0B	$3.2B	$4.0B	$3.3B	$3.7B	$3.6B	$4.2B	$3.2B
Operating Margin	14.6%	15.9%	18.1%	14.8%	16.2%	16.1%	17.8%	14.0%
Interest Expense	$70M	$70M	$69M	$70M	$69M	$70M	$88M	$87M
Income Before Tax	$3.0B	$3.2B	$4.0B	$3.3B	$3.7B	$3.6B	$4.2B	$3.2B
Tax Expense	$611M	$669M	$807M	$708M	$731M	$748M	$898M	$694M
Net Income	$2.4B	$2.6B	$3.2B	$2.6B	$3.0B	$2.8B	$3.3B	$2.5B
Net Margin	11.6%	12.6%	14.4%	11.6%	13.0%	12.7%	14.0%	11.0%
EPS (Diluted)	$4.01	$4.37	$5.40	$4.45	$5.02	$4.80	$5.67	$4.37
EBITDA	$3.1B	$3.4B	$4.1B	$3.5B	$3.8B	$3.7B	$4.4B	$3.3B
Shares Outstanding	588M	588M	588M	588M	588M	587M	584M	582M

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