PANL Balance Sheet, Income & Cash Flow

Income Statement PANL
Line item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	–	4,432.18	29.24	21.27	8.22	6.73	9.91	8.72	9.53	8.74	16.01	15.53	10.98	11.65	9.77
Cost of Revenue	–	3,998.74	26.78	20.31	7.03	6.00	8.88	7.47	8.37	7.87	13.83	12.67	9.46	10.07	8.70
Gross Profit	–	433.44	2.46	0.96	1.19	0.73	1.04	1.25	1.15	0.87	2.18	2.86	1.52	1.59	1.07
Research & Development	–	343.89	2.55	2.20	1.28	1.21	1.26	1.26	–	1.91	2.22	2.60	–	–	–
Selling, General & Administrative	–	126.28	0.86	0.69	0.43	0.36	0.39	0.39	0.40	0.36	0.42	0.45	0.50	0.53	0.48
Total Operating Expenses	–	199.34	0.86	1.09	0.60	0.36	0.63	0.41	0.62	0.42	0.42	0.52	0.54	0.53	0.48
Operating Income	–	224.94	1.59	-0.13	0.59	0.36	0.41	0.84	0.54	0.45	1.76	2.34	0.98	1.05	0.59
Interest Expense	–	0.00	0.52	0.33	0.17	0.16	0.21	0.21	0.21	0.18	0.26	0.50	0.38	0.44	0.37
Pre-Tax Income	–	182.22	1.16	-0.73	0.38	0.26	0.23	0.56	0.39	0.29	1.61	2.05	0.64	0.76	0.31
Income Tax Expense	–	212.98	-0.08	0.39	0.24	-0.01	0.26	0.26	0.35	0.23	0.40	0.19	0.06	–	–
Net Income	–	-30.77	1.15	-0.65	0.32	0.21	0.20	0.42	0.27	0.26	1.50	1.76	0.58	0.63	0.30
EBITDA	–	301.43	2.40	0.23	0.91	0.82	0.85	1.18	1.04	0.86	2.38	3.05	1.67	1.79	1.34

Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

Income Statement