
	Three Months Ended				Nine Months Ended
	March 29, 2026		March 30, 2025		March 29, 2026		March 30, 2025
	(In thousands)
Revenue	$	5,841,488	$	4,720,175	$	16,510,452	$	13,264,198

Installation and warranty expense	164,334		135,170		446,139		384,265
Other cost of goods sold (COGS) (1)	2,671,667		2,224,119		7,542,513		6,308,606
Segment COGS	2,836,001		2,359,289		7,988,652		6,692,871

Segment gross margin	3,005,487		2,360,886		8,521,800		6,571,327

Reconciliation to consolidated gross margin

All other COGS	94,960		47,200		275,232		181,977
Gross margin	2,910,527		2,313,686		8,246,568		6,389,350

Research and development	583,200		525,904		1,732,951		1,516,209
Selling, general, and administrative	280,311		226,023		827,310		713,301

Other income (expense), net	(35,460)		(25,035)		21,024		19,308
Income before income taxes	$	2,011,556	$	1,536,724	$	5,707,331	$	4,179,148

(1)Other COGS is primarily comprised of the capitalized cost of inventory sold, including both direct and indirect costs, but excludes installation and warranty expense and those items not allocated to the segment.