Financial Summary (All financials)
In millions, except per share items | May-31-22 | May-31-21 | May-31-20 | May-31-19 | May-31-18 | May-31-17 | May-31-16 | May-31-15 |
Revenues | 3,105.2 | 4,276.5 | 3,578.7 | 3,096.5 | 2,447.4 | 1,799.5 | 1,478.3 | 1,246.8 |
Revenue growth | -27.4% | 19.5% | 15.6% | 26.5% | 36.0% | 21.7% | 18.6% | 9.5% |
Cost of goods sold | 1,809.0 | 2,039.0 | 1,593.9 | 1,380.2 | 1,065.7 | 749.6 | 614.4 | -526.3 |
Gross profit | 1,296.3 | 2,237.6 | 1,984.8 | 1,716.3 | 1,381.7 | 1,049.9 | 864.0 | 1,773.1 |
Gross margin | 41.7% | 52.3% | 55.5% | 55.4% | 56.5% | 58.3% | 58.4% | 142.2% |
Sales and marketing | 466.9 | 600.8 | 445.3 | 384.3 | 324.2 | 232.8 | 197.9 | 188.5 |
General and administrative | 1,866.6 | 1,489.8 | 1,145.5 | 1,028.8 | 794.5 | 554.9 | 471.0 | 378.4 |
EBITA | -1,032.0 | 152.2 | 404.9 | 315.8 | 264.4 | 260.3 | 199.3 | 152.6 |
EBITA margin | -33.2% | 3.6% | 11.3% | 10.2% | 10.8% | 14.5% | 13.5% | 12.2% |
Amortization of intangibles | 1.9 | 4.5 | 4.5 | 3.7 | 1.8 | 1.4 | 1.1 | 0.6 |
EBIT | -1,034.0 | 147.7 | 400.4 | 312.1 | 262.6 | 258.9 | 198.2 | 152.0 |
EBIT margin | -33.3% | 3.5% | 11.2% | 10.1% | 10.7% | 14.4% | 13.4% | 12.2% |
Pre-tax income | -1,032.5 | 315.0 | 487.8 | 315.8 | 357.0 | 330.7 | 267.3 | 220.5 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -26.2 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
Net income | -1,187.7 | 334.4 | 413.3 | 238.1 | 296.1 | 274.5 | 224.9 | 193.0 |
Net margin | -38.2% | 7.8% | 11.5% | 7.7% | 12.1% | 15.3% | 15.2% | 15.5% |
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Diluted EPS | ($0.70) | $0.20 | $0.26 | $0.15 | $1.87 | $1.74 | $1.43 | $1.23 |
Shares outstanding (diluted) | 1,696.4 | 1,652.0 | 1,595.4 | 1,590.4 | 158.6 | 158.0 | 157.4 | 157.3 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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