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Judging from the vertical and horizontal income statement, what is the main takeaway from this company? Do you believe this company is sustainable? CONSOLIDATED INCOME

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Judging from the vertical and horizontal income statement, what is the main takeaway from this company?

Do you believe this company is sustainable?

CONSOLIDATED INCOME STATEMENT (2017-2021) VERITCAL ANALYSIS (In millions, except par value) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline As of: & & 1-Dec- & 2017% & & 30 Nov- & 2018% & & 29 Nov- & \begin{tabular}{|l|l|} 2019% & \\ \end{tabular} & & 27-Nov- & 2020% & & 3-Dec- & 2021% \\ \hline Revenue: & & 7,302.00 & 100% & $ & 9,030.00 & 100.00% & $ & 11,171.00 & 100.00% & $ & 12,868.00 & 1 & $ & 15,785.00 & 1 \\ \hline Subscription & & 6,134.00 & 84.00% & $ & 7,922.00 & 87.73% & $ & 994.00 & 8.90% & $ & 11,626.00 & 0.9034815 & $ & 14,573.00 & 0.92321825 \\ \hline Product & & 707.00 & 9.68% & $ & 622.00 & 6.89% & $ & 648.00 & 5.80% & $ & 507.00 & 0.03940006 & $ & 555.00 & 0.03515996 \\ \hline Services and support & & 461.00 & 6.31% & $ & 486.00 & 5.38% & $ & 529.00 & 4.74% & $ & 735.00 & 0.05711843 & $ & 657.00 & 0.04162179 \\ \hline Total revenue & & 7,392.00 & 101.23% & $ & 9,030.00 & 100.00% & $ & 11,171.00 & 100.00% & $ & 12,868.00 & 1 & $ & 15,785.00 & \\ \hline \multicolumn{16}{|l|}{ Cost of revenue: } \\ \hline Subscription & & 623.00 & 8.53% & $ & 807.00 & 8.94% & $ & 1,223.00 & 10.95% & $ & 1,108.00 & 0.08610507 & $ & 1,374.00 & 0.08704466 \\ \hline Product & & 57.00 & 0.78% & $ & 46.00 & 0.51% & $ & 40.00 & 0.36% & $ & 36.00 & 0.00279764 & $ & 41.00 & 0.0025974 \\ \hline Services and support & & 330.00 & 4.52% & $ & 342.00 & 3.79% & $ & 411.00 & 3.68% & $ & 578.00 & 0.04491763 & $ & 450.00 & 0.02850808 \\ \hline Total cost of revenue & & 1,010.00 & 13.83\% & $ & 1,195.00 & 13.23% & $ & 1,673.00 & 14.98% & $ & 1,722.00 & 0.13382033 & $ & 1,865.00 & 0.11815014 \\ \hline Gross profit & & 6,291.00 & 86.15% & $ & 7,835.00 & 86.77% & $ & 9,499.00 & 85.03% & $ & 11,146.00 & 0.86617967 & $ & 13,920.00 & 0.88184986 \\ \hline Operating expenses: & & & & & & & & & & & & 0 & & & \\ \hline Research and development & & 1,224.00 & 16.76% & $ & 1,538.00 & 17.03% & $ & 1,930.00 & 17.28% & $ & 2,188.00 & 0.17003419 & $ & 2,540.00 & 0.16091226 \\ \hline Sales and marketing & & 2,198.00 & 30.10% & $ & 2,621.00 & 29.03% & $ & 3,244.00 & 29.04% & $ & 3,591.00 & 0.27906435 & $ & 4,321.00 & 0.27374089 \\ \hline General and administrative & & 625.00 & 8.56% & $ & 745.00 & 8.25% & $ & 881.00 & 7.89% & $ & 968.00 & 0.07522537 & $ & 1,085.00 & 0.06873614 \\ \hline Amortization of intangibles & & 77.00 & 1.05% & $ & 91.00 & 1.01% & $ & 175.00 & 1.57% & $ & 162.00 & 0.01258937 & $ & 172.00 & 0.01089642 \\ \hline Total operating expenses & & 4,123.00 & 56.46% & $ & 4,995.00 & 55.32% & $ & 6,230.00 & 55.77% & $ & 6,909.00 & 0.53691327 & $ & 8,118.00 & 0.51428571 \\ \hline Operating income & & 2,168.00 & 29.69% & $ & 2,840.00 & 31.45% & $ & 3,268.00 & 29.25% & $ & 4,237.00 & 0.3292664 & $ & 5,802.00 & 0.36756414 \\ \hline Non-operating income (Expense): & & & & & & & & & 0.00% & & & & & & \\ \hline Interest and other income (expense), net & & 36.00 & 0.49% & $ & 40.00 & 0.44% & $ & 42.00 & 0.38% & $ & (116.00) & -0.0090146 & $ & (113.00) & -0.0071587 \\ \hline Interest expense & & (74.00) & 1.01% & $ & (89.00) & 0.99% & $ & (157.00) & 1.41% & $ & 13.00 & 0.00101026 & $ & 16.00 & 0.00101362 \\ \hline Investment gains (losses), net & & 7.00 & 0.10% & $ & 3.00 & 0.03% & $ & 52.00 & 0.47% & $ & 42.00 & 0.00326391 & & & \\ \hline Total onon-operating income (expense), net & & (30.00) & 0.41% & $ & (46.00) & 0.51% & $ & (63.00) & 0.56% & $ & (61.00) & -0.0047404 & $ & (97.00) & -0.0061451 \\ \hline Income before income taxes & & 2,138.00 & 29.28% & $ & 2,794.00 & 30.94% & $ & 3,205.00 & 28.69% & $ & 4,176.00 & 0.32 & $ & 5,705.00 & 0.36141907 \\ \hline Provision for incomes taxes & & 444.00 & 6.08% & $ & 203.00 & 2.25% & $ & 253.00 & 2.26% & $ & (1,084.00) & -0.08424 & $ & 883.00 & 0.05593918 \\ \hline Net income & & 1,693.00 & 23.19% & $ & 2,591.00 & 28.69% & $ & 2,951.00 & 26.42% & $ & 5,260.00 & 0.40876593 & $ & 4,822.00 & 0.30547989 \\ \hline Basic net income per share & & 3.43 & 0.05% & $ & 5.28 & 0.06% & $ & 6.07 & 0.05% & $ & 10.94 & 0.00085017 & s & 10.10 & 0.00063985 \\ \hline Shares used to compute basic net income per share & & 494.00 & 6.77% & $ & 491.00 & 5.44% & $ & 486.00 & 4.35% & $ & 481.00 & 0.03737955 & & 477.00 & 0.03021856 \\ \hline Diluted net income per share & & 3.38 & 0.05% & $ & 5.20 & 0.06% & $ & 6.00 & 0.05% & $ & 10.83 & 0.00084162 & s & 10.02 & 0.00063478 \\ \hline Shares used to compute diluted net income per share & & 501.00 & 6.86% & $ & 498.00 & 5.51% & $ & 492.00 & 4.40% & $ & 485.00 & 0.03769039 & $ & 481.00 & 0.03047197 \\ \hline \end{tabular} CONSOLIDATED INCOME STATEMENT (2017-2021) HORIZONTAL ANALYSIS (in millions, except par value)

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