| Stage | ADP | % of rev | LZ | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $5.5B | 100.00% | $195M | 100.00% | ADP ×28.14 |
| Gross profit | $2.8B | 50.57% | $138M | 70.75% | LZ +20.2pp |
| Operating income | $1.5B | 26.64% | $14M | 6.94% | ADP +19.7pp |
| Pre-tax income | $1.5B | 26.50% | $15M | 7.62% | ADP +18.9pp |
| Net income | $1.1B | 20.49% | $8M | 4.13% | ADP +16.4pp |
| Stage | ADP | LZ | Gap · A − B |
|---|---|---|---|
| Revenue | $5.5B100.00% | $195M100.00% | ADP ×28.14 |
| Gross profit | 50.57%$2.8B | 70.75%$138M | LZ +20.2pp |
| Operating income | 26.64%$1.5B | 6.94%$14M | ADP +19.7pp |
| Pre-tax income | 26.50%$1.5B | 7.62%$15M | ADP +18.9pp |
| Net income |
| 20.49%$1.1B |
| 4.13%$8M |
| ADP +16.4pp |