TAP 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,141	11,627	11,702	10,701	10,280
Revenue Growth (YoY)	-4.18%	-0.64%	9.35%	4.10%	6.48%
Cost of Revenue	6,866	7,094	7,333	7,046	6,226
Gross Profit	4,275	4,533	4,369	3,655	4,053
Selling, General & Admin	2,644	2,718	2,780	2,619	2,555
Other Operating Expenses	3,968	62.7	150.7	878.9	44.5
Total Operating Expenses	6,612	2,780	2,931	3,498	2,599
Operating Income	-2,337	1,753	1,438	157.5	1,454
Interest Income	20.6	35.4	25.4	4.3	2
Interest Expense	-247.9	-282.7	-234	-259	-260.3
Other Non-Operating Income (Expense)	46.2	-2.9	22.9	26.3	42.9
Total Non-Operating Income (Expense)	-181.1	-250.2	-185.7	-220	-215.4
Pretax Income	-2,518	1,503	1,253	-62.5	1,239
Provision for Income Taxes	-337.8	345.3	296.1	124	230.5
Net Income	-2,140	1,122	948.9	-175.3	1,006
Minority Interest in Earnings	40.6	-35.3	-7.5	11.2	-2.8
Net Income to Common	-2,140	1,122	948.9	-175.3	1,006
Net Income Growth	-	18.28%	-	-	-
Shares Outstanding (Basic)	199	209	216	217	217
Shares Outstanding (Diluted)	199	210	217	218	218
Shares Change (YoY)	-5.15%	-3.40%	-0.14%	-0.09%	-
EPS (Basic)	-10.75	5.38	4.39	1.31	4.53
EPS (Diluted)	-10.75	5.35	4.37	1.30	4.50
EPS Growth	-	22.43%	236.15%	-71.11%	-
Free Cash Flow	1,068	1,236	1,408	840.6	1,051
Free Cash Flow Growth	-13.62%	-12.17%	67.44%	-20.01%	-6.25%
Free Cash Flow Per Share	5.36	5.89	6.48	3.86	4.83
Dividends Per Share	1.880	1.760	1.640	1.520	0.680
Dividend Growth	6.82%	7.32%	7.90%	123.53%	19.30%
Gross Margin	38.37%	38.99%	37.33%	34.16%	39.43%
Operating Margin	-20.98%	15.08%	12.29%	1.47%	14.15%
Profit Margin	-19.57%	9.96%	8.17%	-1.74%	9.81%
FCF Margin	9.58%	10.63%	12.03%	7.86%	10.22%
EBITDA	-1,611	2,524	2,129	842.3	2,241
EBITDA Margin	-14.46%	21.71%	18.19%	7.87%	21.80%
EBIT	-2,337	1,753	1,438	157.5	1,454
EBIT Margin	-20.98%	15.08%	12.29%	1.47%	14.15%
Effective Tax Rate	13.42%	22.97%	23.64%	-198.40%	18.60%

Updated Feb 18, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q