Financials in USD. Standardized financial statements.
A compact view of how Trend Micro Incorporated turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $276.22B | $272.64B | $248.69B | $223.79B | $190.36B | $174.06B | $165.19B | $160.41B | $148.81B | $131.94B |
| Revenue Growth? | +1.3% | +9.6% | +11.1% | +17.6% | +9.4% | +5.4% | +3.0% | +7.8% | +12.8% | 0.0% |
| Cost of Revenue? | $63.77B | $64.98B | $63.66B | $54.30B | $42.02B | $38.17B | $32.30B | $32.73B | $28.14B | $23.04B |
| Gross Profit? | $212.45B | $207.66B | $185.03B | $169.50B | $148.34B | $135.90B | $132.90B | $127.68B | $120.67B | $108.90B |
| Gross Margin? | +76.9% | +76.2% | +74.4% | +75.7% | +77.9% | +78.1% | +80.4% | +79.6% | +81.1% | +82.5% |
| Operating Expenses? | $154.62B | $159.55B | $152.43B | $138.15B | $104.70B | $96.43B | $95.21B | $91.84B | $84.23B | $74.53B |
| Operating Income? | $57.83B | $48.10B | $32.60B | $31.34B | $43.64B | $39.46B | $37.69B | $35.84B | $36.44B | $34.36B |
| EBITDA? | $84.91B | $77.03B | $60.92B | $56.53B | $64.54B | $62.14B | $53.50B | $51.75B | $50.39B | $45.55B |
| Income Before Tax | $52.38B | $55.58B | $31.98B | $41.90B | $52.37B | $39.85B | $39.14B | $37.19B | $37.10B | $35.72B |
| Income Tax Expense | $18.25B | $21.05B | $21.22B | $12.94B | $14.76B | $13.48B | $11.32B | $8.89B | $11.40B | $11.07B |
| Net Income? | $34.55B | $34.36B | $10.73B | $29.84B | $38.37B | $26.90B | $27.95B | $28.31B | $25.69B | $24.65B |
| EPS? | $261.94 | $259.04 | $78.38 | $213.58 | $275.20 | $193.39 | $200.93 | $204.37 | $187.01 | $179.63 |
| Diluted EPS? | $260.37 | $257.66 | $78.38 | $213.21 | $275.06 | $192.87 | $200.30 | $202.58 | $185.24 | $178.80 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality