| Stage | V | % of rev | FOUR | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $11.6B | 100.00% | $1.3B | 100.00% | V ×8.98 |
| Gross profit | $9.2B | 78.87% | $446M | 34.44% | V +44.4pp |
| Operating income | $6.9B | 59.12% | $95M | 7.34% | V +51.8pp |
| Pre-tax income | $6.8B | 58.74% | $37M | 2.86% | V +55.9pp |
| Net income | $5.6B | 48.38% | $24M | 1.85% | V +46.5pp |
| Stage | V | FOUR | Gap · A − B |
|---|---|---|---|
| Revenue | $11.6B100.00% | $1.3B100.00% | V ×8.98 |
| Gross profit | 78.87%$9.2B | 34.44%$446M | V +44.4pp |
| Operating income | 59.12%$6.9B | 7.34%$95M | V +51.8pp |
| Pre-tax income | 58.74%$6.8B | 2.86%$37M | V +55.9pp |
| Net income |
| 48.38%$5.6B |
| 1.85%$24M |
| V +46.5pp |
No shared counterparties.