SOLS Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	3,886	3,770	3,649	3,587
Revenue Growth (YoY)	3.08%	3.32%	1.73%	-
Cost of Revenue	2,636	2,464	2,366	2,184
Gross Profit	1,250	1,306	1,283	1,403
Selling, General & Admin	422	394	380	357
Research & Development	97	83	81	79
Operating Expenses	519	477	461	436
Operating Income	731	829	822	967
Interest Expense	-28	-13	-16	-21
Earnings From Equity Investments	19	19	17	21
Other Non Operating Income (Expenses)	42	-12	-8	-24
EBT Excluding Unusual Items	764	823	815	943
Other Unusual Items	-117	-26	-1	-
Pretax Income	647	797	814	943
Income Tax Expense	362	192	195	211
Earnings From Continuing Operations	285	605	619	732
Minority Interest in Earnings	-48	-11	2	-14
Net Income	237	594	621	718
Net Income to Common	237	594	621	718
Net Income Growth	-60.10%	-4.35%	-13.51%	-
Shares Outstanding (Basic)	159	159	159	-
Shares Outstanding (Diluted)	159	159	159	-
Shares Change (YoY)	0.13%	-	-	-
EPS (Basic)	1.49	3.74	3.91	-
EPS (Diluted)	1.49	3.74	3.91	-
EPS Growth	-60.16%	-4.35%	-	-
Free Cash Flow	119	546	461	505
Free Cash Flow Per Share	0.75	3.44	2.90	-
Gross Margin	32.17%	34.64%	35.16%	39.11%
Operating Margin	18.81%	21.99%	22.53%	26.96%
Profit Margin	6.10%	15.76%	17.02%	20.02%
Free Cash Flow Margin	3.06%	14.48%	12.63%	14.08%
EBITDA	927	1,007	995	1,116
EBITDA Margin	23.86%	26.71%	27.27%	31.11%
D&A For EBITDA	196	178	173	149
EBIT	731	829	822	967
EBIT Margin	18.81%	21.99%	22.53%	26.96%
Effective Tax Rate	55.95%	24.09%	23.96%	22.38%
Revenue as Reported	3,886	3,770	3,649	3,587

Source: S&P Capital IQ. Standard template. Financial Sources.