| Stage | ADP | % of rev | NRDS | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $5.5B | 100.00% | $240M | 100.00% | ADP ×22.92 |
| Gross profit | $2.8B | 50.57% | $226M | 94.24% | NRDS +43.7pp |
| Operating income | $1.5B | 26.64% | $19M | 8.10% | ADP +18.5pp |
| Pre-tax income | $1.5B | 26.50% | $20M | 8.22% | ADP +18.3pp |
| Net income | $1.1B | 20.49% | $15M | 6.22% | ADP +14.3pp |
| Stage | ADP | NRDS | Gap · A − B |
|---|---|---|---|
| Revenue | $5.5B100.00% | $240M100.00% | ADP ×22.92 |
| Gross profit | 50.57%$2.8B | 94.24%$226M | NRDS +43.7pp |
| Operating income | 26.64%$1.5B | 8.10%$19M | ADP +18.5pp |
| Pre-tax income | 26.50%$1.5B | 8.22%$20M | ADP +18.3pp |
| Net income | 20.49%$1.1B | 6.22%$15M | ADP +14.3pp |