| Stage | DTE | % of rev | IR | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.4B | 100.00% | $2.1B | 100.00% | DTE ×1.63 |
| Gross profit | $1.7B | 51.91% | $924M | 44.76% | DTE +7.2pp |
| Operating income | $458M | 13.59% | $783M | 37.90% | IR +24.3pp |
| Pre-tax income | $241M | 7.15% | $725M | 35.12% | IR +28.0pp |
| Net income | $282M | 8.37% | $672M | 32.52% | IR +24.2pp |
| Stage | DTE | IR | Gap · A − B |
|---|---|---|---|
| Revenue | $3.4B100.00% | $2.1B100.00% | DTE ×1.63 |
| Gross profit | 51.91%$1.7B | 44.76%$924M | DTE +7.2pp |
| Operating income | 13.59%$458M | 37.90%$783M | IR +24.3pp |
| Pre-tax income | 7.15%$241M | 35.12%$725M | IR +28.0pp |
| Net income |
| 8.37%$282M |
| 32.52%$672M |
| IR +24.2pp |