博通：2025财年第二季度利润表

appeconomyinsights.comBroadcom Q2 FY25 Income StatementAPP ECONOMYINSIGHTSRevenue$15.0B+20% Y/YGross profit$10.2B68% margin+6pp Y/YOperatingExpenses($4.4B)R&D($2.7B)18% of revenue(1pp) Y/YSG&A($1.1B)7% of revenue(3pp) Y/YCost ofrevenue($4.8B)Operating profit$5.8B39% margin+15pp Y/YRestructuring($0.1B)1% of revenue(2pp) Y/Y$8.4B+17% Y/YOther($0.7B)$6.6B+25% Y/YSemiconductorsolutionsInfrastructuresoftwareQ2 FY25Ending Apr. 2025Amortization($0.5B)3% of revenue(3pp) Y/YNetworking, Server Storage,Broadband, Wireless,IndustrialMainframe, Distributed,Cybersecurity, SAN, CloudInfrastructureNet profit$5.0B33% margin+16pp Y/YTax($0.1B) appeconomyinsights.comBroadcom Revenue BreakdownAPP ECONOMYINSIGHTSQ3 FY19Q4 FY19Q1 FY20Q2 FY20Q3 FY20Q4 FY20Q1 FY21Q2 FY21Q3 FY21Q4 FY21Q1 FY22Q2 FY22Q3 FY22Q4 FY22Q1 FY23Q2 FY23Q3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY256.66.75.85.85.34.62.01.91.91.81.81.81.91.81.81.81.81.71.61.61.71.71.28.48.28.27.37.27.47.36.96.87.17.16.66.25.95.65.04.84.94.84.24.04.24.6Q2 FY25Ending Apr. 2025SemiconductorsolutionsInfrastructuresoftwareNetworking, Server Storage,Broadband, Wireless,IndustrialMainframe, Distributed,Cybersecurity, SAN, CloudInfrastructureacquisition completed appeconomyinsights.comMicron Q3 FY25 Income StatementAPP ECONOMYINSIGHTSRevenue$9.3B+15% Q/Q$1.6B+45% Q/Q$1.2B+20% Q/QGross profit$3.5B38% margin+1pp Q/QOperating profit$2.2B23% margin+1pp Q/QNet profit$1.9B20% margin+1pp Q/QTax($0.2B)R&D($1.0B)Cost ofrevenue($5.8B)$5.1B+11% Q/QOperatingexpenses($1.3B)MobileStorageCompute &NetworkingSG&A($0.3B)Other($0.1B)Embedded$1.5B+4% Q/QQ3 FY25Ending May 2025Interest$12MOther($0.1B) appeconomyinsights.comAdobe Q2 FY25 Income StatementAPP ECONOMYINSIGHTSRevenue$5.9B+11% Y/Y$1.5B+10% Y/Y$0.1BGross profit$5.2B89% margin+0pp Y/YOperating profit$2.1B36% margin+0pp Y/YNet profit29% margin18% of revenue29% of revenue6% of revenueCost ofrevenue($0.6B)$4.3B+11% Y/YOperatingexpenses($3.1B)Digital Media95% gross marginDigital Experience72% gross marginPublishing& AdvertisingQ2 FY25Ending May 2025AmortizationDigital Media ARR$18.1B+12% Y/YRPO$19.7B+10% Y/YRPO = Remaining Performance ObligationARR = Annual Recurring Revenue appeconomyinsights.comOracle Q4 FY25 Income StatementAPP ECONOMYINSIGHTSRevenue$15.9B+11% Y/Y$2.0B+9% Y/Y$0.9B+1% Y/Y$1.3B(2%) Y/YGross profit$11.2B70% margin(2pp) Y/YOperating profit$5.1B32% margin(1pp) Y/YNet profit$3.4B22% margin(0pp) Y/Y($0.7B)R&D($2.7B)S&M($2.3B)Cost ofrevenue($4.7B)$6.7B+27% Y/YOperatingexpenses($6.1B)Cloud license& on-premiselicenseHardwareServicesCloud servicesAmortizationG&A($0.5B)Other($0.1B)Financial($1.0B)Cloud ($3.3B)76% gross marginHardware($0.3B)70% gross marginServices($1.1B)15% gross marginQ4 FY25Ending May 2025RPO$138B+41% Y/Y$11.7B+14% Y/YCloud services& license supportLicense support$5.0B+1% Y/Y appeconomyinsights.comQ2 FY22Q3 FY22Q4 FY22Q1 FY23Q2 FY23Q3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY256.76.25.95.65.35.14.84.64.44.13.83.62.92.82.75.04.84.94.94.94.94.94.94.94.94.84.84.74.84.92.01.11.20.91.81.31.20.82.21.31.40.92.51.31.20.90.70.70.70.80.80.80.70.90.80.90.80.91.31.31.31.31.41.31.41.41.51.41.41.4OracleRevenue BreakdownAPP ECONOMYINSIGHTSin $ billionHardwareCloud ServicesServicesCloud license &on-prem licensesLicense Support appeconomyinsights.comHPE Q2 FY25 Income StatementAPP ECONOMYINSIGHTSRevenue$7.6B+6% Y/Y$0.9B(1%) Y/Y$1.5B+13% Y/YGross profit$2.2B28% margin(5pp) Y/YCost ofrevenue($5.5B)Operatingloss($1.1B)(15%) margin(20pp) Y/YFinancial Services10% operating marginServer6% operating marginHybrid Cloud5% operating marginIntelligent Edge24% operating margin$4.1B+6% Y/Y$1.2B+7% Y/Y$0.1BCorporate & OtherOperatingexpenses($3.3B) appeconomyinsights.comAsana Q1 FY26 Income StatementAPP ECONOMYINSIGHTSRevenue$187M+9% Y/YGross profit$168M90% margin+0pp Y/YS&M($100M)53% of revenue(7pp) Y/YR&D($75M)40% of revenue(8pp) Y/YCost ofrevenue($19M)Operatingexpenses($212M)G&A($37M)20% of revenue+0pp Y/YOperatingloss($44M)(23%) margin+15pp Y/Y$76M+11% Y/YInternationalUnited States$112M+7% Y/YCustomers > $5K24,297 (+10% Y/Y)Customers > $100K728 (+20% Y/Y)DBNR = Dollar Based Net RetentionQ1 FY26Ending Apr. 2025 appeconomyinsights.comDocuSign Q1 FY26 Income StatementAPP ECONOMYINSIGHTSRevenue$764M+8% Y/YGross profit$606M79% margin+0pp Y/YProfessionalServicesSubscription$746M+8% Y/YR&D($159M)21% of revenue+2pp Y/YS&M($296M)39% of revenue(1pp) Y/YG&A($90M)12% of revenue(1pp) Y/YOperatingexpenses($546M)Cost ofrevenue($157M)$17M(4%) Y/YBillingsQ1 FY26Ending Apr. 2025NRR101%Flat Q/QNRR = Net Retention RateCustomers1.7M (+10% Y/Y)Enterprise268K (+8% Y/Y)Operating profit$60M8% margin+5pp Y/YNet profit$72M9% margin+5pp Y/YInterest$14MTax($2M) appeconomyinsights.comCrowdStrike Q1 FY26 Income StatementAPP ECONOMYINSIGHTSRevenue$1,103M+20% Y/Y$53M+8% Y/YGross profit$814M74% margin(2pp) Y/YS&M($440M)40% of revenue+2pp Y/YR&D($334M)30% of revenue+5pp Y/YCost ofrevenue($289M)$1,051M+20% Y/YOperatingexpenses($939M)Professional