Also trades as: SAF.PA (PAR) · $vol 214M · SAFRY (OTC) · $vol 20M

$379.70

+13.73 (+3.75%)

Weekly Expected Move ±4.0%

$349 $365 $380 $395 $410

OTC · Industrials · Aerospace & Defense · Tech Score Sell · Power 37 · $157.4B mcap · 344M float · 0.0009% daily turnover · Short 16% of daily vol

Revenue

$31.2B +12.5% ▲

5Y CAGR: +13.4%

Gross Profit

$4.5B -66.3% ▼

5Y CAGR: +32.9%

Operating Income

$4.1B -1.1% ▼

5Y CAGR: +34.9%

Net Income

$7.2B +1176.0% ▲

5Y CAGR: +82.8%

EPS (Diluted)

$17.17 +1229.6% ▲

5Y CAGR: +84.6%

EBITDA

$5.6B +731.7% ▲

5Y CAGR: +24.2%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$15.1B	$19.5B	$23.7B	$27.7B	$31.2B
YoY Growth	-9.0%	+29.0%	+21.1%	+17.2%	+12.5%
Cost of Revenue	$14.2B	$17.3B	$12.4B	$14.4B	$26.7B
Gross Profit	$980M	$2.2B	$11.2B	$13.3B	$4.5B
Gross Margin	6.5%	11.2%	47.4%	47.9%	14.3%
R&D Expenses	$838M	$1.2B	$1.2B	$0	$1.6B
SG&A Expenses	$4.9B	$5.8B	$7.0B	$0	-$1.5B
Operating Expenses	$182M	$159M	$8.4B	$9.1B	$330M
Operating Income	$798M	$2.0B	$2.8B	$4.2B	$4.1B
Operating Margin	5.3%	10.5%	11.8%	15.1%	13.3%
Interest Expense	$114M	$101M	$140M	$115M	$118M
Income Before Tax	$68M	-$3.1B	$4.8B	-$859M	$10.1B
Tax Expense	$0	-$694M	$1.2B	-$284M	$2.8B
Net Income	$43M	-$2.5B	$3.4B	-$667M	$7.2B
Net Margin	0.3%	-12.6%	14.6%	-2.4%	23.0%
EPS (Diluted)	$0.10	$-5.76	$7.98	$-1.52	$17.17
EBITDA	$1.5B	$3.7B	$4.4B	$676M	$5.6B
Shares Outstanding	440M	427M	431M	438M	418M

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$10.8B	$11.1B	$12.5B	$13.3B	$14.4B	$7.4B	$16.3B	$17.2B
Cost of Revenue	$9.5B	$9.8B	$10.9B	$6.6B	$7.8B	$3.6B	$14.3B	$14.6B
Gross Profit	$1.3B	$1.3B	$1.6B	$6.6B	$6.6B	$3.8B	$2.0B	$2.6B
Gross Margin	12.1%	11.9%	13.0%	50.0%	45.9%	51.1%	12.1%	15.1%
R&D Expenses	$674M	$678M	$538M	$909M	-$909M	$452M	$0	$700M
SG&A Expenses	$3.0B	$31M	$1.8B	$4.0B	-$4.0B	$2.3B	$15M	-$601M
Operating Expenses	$37M	$180M	$2.2B	$4.7B	$4.4B	$2.6B	$54M	$275M
Operating Income	$1.3B	$1.1B	$724M	$1.9B	$2.2B	$1.2B	$1.9B	$2.3B
Operating Margin	11.7%	10.3%	5.8%	14.6%	15.6%	16.4%	11.8%	13.6%
Interest Expense	$56M	$64M	$76M	$67M	$48M	$0	$62M	$67M
Income Before Tax	$1.8B	$2.4B	$1.1B	-$71M	-$788M	$3.6B	$3.2B	$2.6B
Tax Expense	$518M	$532M	$314M	-$126M	-$158M	$1.0B	$1.0B	$808M
Net Income	$1.3B	$1.9B	$1.6B	$57M	-$724M	$2.5B	$2.1B	$1.7B
Net Margin	12.0%	16.7%	12.6%	0.4%	-5.0%	33.9%	13.1%	10.1%
EPS (Diluted)	$3.05	$4.29	$3.70	$0.13	$-1.65	$6.04	$5.10	$4.21
EBITDA	$2.1B	$3.1B	$1.2B	$2.8B	-$2.1B	$1.5B	$2.7B	$3.2B
Shares Outstanding	427M	435M	428M	438M	438M	418M	418M	416M

SAFRF OTC