Also trades as: RF-PF (NYSE) · $vol 1M · RF-PC (NYSE) · $vol 1M · 0KV3.L (LSE) · $vol 1M · RF-PE (NYSE) · $vol 0M · RF-PB (NYSE) · $vol 0M · RN70.F (FSX) · $vol 0M

$27.83

+0.12 (+0.43%)

Weekly Expected Move ±3.1%

$25 $26 $27 $27 $28

NYSE · Financial Services · Banks - Regional · Alpha Radar Neutral · Power 54 · $23.7B mcap · 851M float · 1.50% daily turnover · Short 73% of daily vol

Overview News Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Dividends Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$9.6B +2.5% ▲

5Y CAGR: +7.7%

Gross Profit

$7.2B +8.7% ▲

5Y CAGR: +7.7%

Operating Income

$2.7B +16.5% ▲

5Y CAGR: +15.9%

Net Income

$2.2B +13.9% ▲

5Y CAGR: +14.5%

EPS (Diluted)

$2.29 +18.7% ▲

5Y CAGR: +17.3%

EBITDA

$2.8B +12.3% ▲

5Y CAGR: +10.1%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$6.6B	$7.5B	$9.2B	$9.4B	$9.6B
YoY Growth	-0.6%	+13.3%	+22.3%	+2.4%	+2.5%
Cost of Revenue	-$357M	$587M	$2.1B	$2.8B	$2.4B
Gross Profit	$7.0B	$6.9B	$7.0B	$6.6B	$7.2B
Gross Margin	105.4%	92.2%	76.7%	70.4%	74.6%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$2.4B	$2.4B	$2.5B	$2.6B	$2.9B
Operating Expenses	$3.7B	$4.0B	$4.4B	$4.2B	$4.4B
Operating Income	$3.2B	$2.9B	$2.6B	$2.4B	$2.7B
Operating Margin	48.7%	38.4%	28.5%	25.1%	28.5%
Interest Expense	$167M	$316M	$1.6B	$2.3B	$2.1B
Income Before Tax	$3.2B	$2.9B	$2.6B	$2.4B	$2.7B
Tax Expense	$694M	$631M	$533M	$461M	$587M
Net Income	$2.5B	$2.2B	$2.1B	$1.9B	$2.2B
Net Margin	38.2%	30.0%	22.7%	20.2%	22.4%
EPS (Diluted)	$2.49	$2.28	$2.11	$1.93	$2.29
EBITDA	$3.6B	$3.2B	$2.8B	$2.5B	$2.8B
Shares Outstanding	963M	942M	938M	918M	880M

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$2.3B	$2.4B	$2.4B	$2.3B	$2.4B	$2.5B	$2.4B	$2.3B
Cost of Revenue	$678M	$715M	$692M	$655M	$651M	$644M	$487M	$545M
Gross Profit	$1.6B	$1.7B	$1.7B	$1.7B	$1.8B	$1.8B	$1.9B	$1.8B
Gross Margin	70.6%	70.1%	71.0%	71.7%	73.2%	73.8%	79.8%	76.6%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$665M	$690M	$556M	$675M	$704M	$714M	$848M	$839M
Operating Expenses	$1.0B	$1.1B	$1.0B	$1.0B	$1.1B	$1.1B	$1.2B	$1.1B
Operating Income	$625M	$608M	$657M	$621M	$706M	$708M	$708M	$714M
Operating Margin	27.1%	25.4%	27.5%	26.8%	29.1%	28.8%	29.4%	30.7%
Interest Expense	$576M	$602M	$572M	$531M	$525M	$539M	$487M	$454M
Income Before Tax	$625M	$608M	$657M	$621M	$706M	$708M	$708M	$714M
Tax Expense	$124M	$118M	$123M	$131M	$143M	$139M	$174M	$155M
Net Income	$501M	$490M	$534M	$490M	$563M	$569M	$534M	$559M
Net Margin	21.7%	20.5%	22.4%	21.2%	23.2%	23.2%	22.2%	24.0%
EPS (Diluted)	$0.52	$0.49	$0.56	$0.51	$0.59	$0.61	$0.58	$0.62
EBITDA	$666M	$642M	$678M	$643M	$725M	$729M	$730M	$714M
Shares Outstanding	918M	918M	915M	910M	900M	894M	880M	868M

RF NYSE