ADI Global Distribution Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jul '26 Jul 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	4,878	4,784	4,197	3,570
Revenue Growth	-	13.99%	17.56%	-
Cost of Revenue	3,810	3,719	3,337	2,902
Gross Profit	1,068	1,065	860	668
Selling, General & Admin	786	752	598	454
Research & Development	45	39	17	-
Amortization of Goodwill & Intangibles	98	95	55	13
Operating Expenses	929	886	670	467
Operating Income	139	179	190	201
Interest Expense	-71	-50	-39	-32
Interest & Investment Income	7	8	15	18
Currency Exchange Gain (Loss)	3	3	-3	9
Other Non Operating Income (Expenses)	-5	-365	-80	-71
EBT Excluding Unusual Items	73	-225	83	125
Merger & Restructuring Charges	-16	-18	-76	-13
Other Unusual Items	-13	-7	-	-
Pretax Income	44	-250	7	112
Income Tax Expense	2	11	25	50
Net Income	42	-261	-18	62
Net Income to Common	42	-261	-18	62
Net Income Growth	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jul '26 Jul 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	-689	-576	60	76
Gross Margin	21.89%	22.26%	20.49%	18.71%
Operating Margin	2.85%	3.74%	4.53%	5.63%
Profit Margin	0.86%	-5.46%	-0.43%	1.74%
Free Cash Flow Margin	-14.12%	-12.04%	1.43%	2.13%
EBITDA	256	294	261	223
EBITDA Margin	5.25%	6.14%	6.22%	6.25%
D&A For EBITDA	117	115	71	22
EBIT	139	179	190	201
EBIT Margin	2.85%	3.74%	4.53%	5.63%
Effective Tax Rate	4.54%	-	357.14%	44.64%
Advertising Expenses	-	13	10	6