Juniper Networks, Inc.

JNPR

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

5,074

Cost of Revenue

2,092

Gross Profit

2,982

Gross Margin

58.8%

Operating Income

292

Operating Margin

5.8%

Net Income

288

Net Margin

5.7%

EPS (Basic)

$0.88

EPS (Diluted)

$0.86

EBITDA

536

EBITDA Margin

10.6%

2023

12/31/2023

Revenue

5,565

Cost of Revenue

2,363

Gross Profit

3,202

Gross Margin

57.5%

Operating Income

470

Operating Margin

8.4%

Net Income

310

Net Margin

5.6%

EPS (Basic)

$0.97

EPS (Diluted)

$0.95

EBITDA

624

EBITDA Margin

11.2%

2022

12/31/2022

Revenue

5,301

Cost of Revenue

2,343

Gross Profit

2,958

Gross Margin

55.8%

Operating Income

519

Operating Margin

9.8%

Net Income

471

Net Margin

8.9%

EPS (Basic)

$1.46

EPS (Diluted)

$1.43

EBITDA

757

EBITDA Margin

14.3%

2021

12/31/2021

Revenue

4,735

Cost of Revenue

1,995

Gross Profit

2,740

Gross Margin

57.9%

Operating Income

388

Operating Margin

8.2%

Net Income

253

Net Margin

5.3%

EPS (Basic)

$0.78

EPS (Diluted)

$0.76

EBITDA

598

EBITDA Margin

12.6%

2020

12/31/2020

Revenue

4,445

Cost of Revenue

1,871

Gross Profit

2,574

Gross Margin

57.9%

Operating Income

353

Operating Margin

7.9%

Net Income

258

Net Margin

5.8%

EPS (Basic)

$0.78

EPS (Diluted)

$0.77

EBITDA

549

EBITDA Margin

12.4%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	5,074	5,565	5,301	4,735	4,445
Cost of Revenue	2,092	2,363	2,343	1,995	1,871
Gross Profit	2,982	3,202	2,958	2,740	2,574
Gross Margin	58.8%	57.5%	55.8%	57.9%	57.9%
Operating Income	292	470	519	388	353
Operating Margin	5.8%	8.4%	9.8%	8.2%	7.9%
Net Income	288	310	471	253	258
Net Margin	5.7%	5.6%	8.9%	5.3%	5.8%
EPS (Basic)	$0.88	$0.97	$1.46	$0.78	$0.78
EPS (Diluted)	$0.86	$0.95	$1.43	$0.76	$0.77
EBITDA	536	624	757	598	549
EBITDA Margin	10.6%	11.2%	14.3%	12.6%	12.4%