| Stage | D | % of rev | FOXA | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $5.6B | 100.00% | $4.6B | 100.00% | D ×1.23 |
| Gross profit | $2.8B | 49.81% | $4.6B | 100.00% | FOXA +50.2pp |
| Operating income | $1.8B | 32.79% | $1.5B | 32.95% | FOXA +0.2pp |
| Pre-tax income | $1.5B | 26.53% | $1.3B | 28.07% | FOXA +1.5pp |
| Net income | $1.3B | 22.68% | $957M | 20.94% | D +1.7pp |
| Stage | D | FOXA | Gap · A − B |
|---|---|---|---|
| Revenue | $5.6B100.00% | $4.6B100.00% | D ×1.23 |
| Gross profit | 49.81%$2.8B | 100.00%$4.6B | FOXA +50.2pp |
| Operating income | 32.79%$1.8B | 32.95%$1.5B | FOXA +0.2pp |
| Pre-tax income | 26.53%$1.5B | 28.07%$1.3B | FOXA +1.5pp |
| Net income |
| 22.68%$1.3B |
| 20.94%$957M |
| D +1.7pp |