Statements · Jun 26 YTD

Financial Statements

Income statement, balance sheet, and cash flow — reconciled to enterprise KPIs.

Income Statement

YTD · Actual vs Budget · Forecast · Prior Year

Line item

Actual

Budget

Forecast

Prior Year

Variance

Revenue

$6.15B

$6.20B

$6.16B

$5.59B

($43.9M) (-0.7%)

Cost of revenue

$3.68B

$3.75B

$3.73B

$3.42B

($73.9M) (-2.0%)

Gross profit

$2.47B

$2.44B

$2.43B

$2.17B

+$30.0M (+1.2%)

Operating expenses

$1.59B

$1.52B

$1.51B

$1.38B

+$65.1M (+4.3%)

EBITDA

$881.8M

$887.3M

$863.5M

$767.2M

($5.52M) (-0.6%)

Depreciation & amortization

$233.8M

—

Operating income

$648.0M

—

Interest expense

$148.8M

—

Taxes

$116.8M

—

Net income

$382.4M

$385.3M

$368.2M

$311.0M

($2.95M) (-0.8%)

Reconciliation checks

Gross profit = Revenue − Cost of revenuereconciles

EBITDA = Gross profit − Operating expensesreconciles

Division revenue rolls to enterprise revenuemismatch

Free cash flow = Cash from ops − Capexreconciles