Our 昀椀nancial performance We had another year of pro昀椀tability in 2023. GAAP net income was $438.9 million, resulting in diluted earnings per share of $3.08. Non-GAAP net income was $613.2 million, resulting 1 in non-GAAP diluted earnings per share of $4.41 million. Quarterly revenue by year Quarterly gross margin % by year $800.0 $726.0 $724.7 55.0% $711.1 $700.0 $634.7 50.3% 50.0% 48.4% $600.0 $551.1 45.7% 46.2% 42.9% 43.8% $530.2 45.0% 41.1% 42.2% $500.0 $441.3 41.0% 40.8% 40.8% 40.2% $351.5 $412.7 40.0% $400.0 $316.1 $301.8 $302.6 35.0% $300.0 $200.0 30.0% $100.0 25.0% $0.0 20.0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Quarterly operating expenses % by year Quarterly operating income % by year 30.0% 35.0% 32.2% 32.4% 30.6% 31.7% 28.6% 30.4% 30.0% 26.0% 28.7% 26.6% 25.0% 25.0% 24.4% 24.4% 23.7% 21.7% 20.0% 20.0% 18.0% 15.0% 15.0% 16.4% 16.3% 16.5% 15.0% 14.5% 13.80% 10.0% 13.5% 13.4% 12.4% 12.1% 5.0% 10.0% 0.0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2021 2022 2023 1 See Appendix for reconciliation to comparable GAAP measures ENVIRONMENTAL, SOCIAL, AND GOVERNANCE REPORT 2023 19