Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q2 26 | $1.58 | $1.59 | +0.6% | — | $1.1B | — |
| Q1 26 | $1.6 | $1.61 | +0.6% | — | $1.1B | — |
| Q4 25 | $1.75 | $1.84 | +5.1% | — | $1.1B | — |
| Q3 25 | $1.64 | $1.86 | +13.4% | — | $1.1B | — |
| Q2 25 | $1.53 | $1.73 | +13.1% | — | $1B | — |
| Q1 25 | $1.57 | $1.7 | +8.3% | — | $1B | — |
| Q4 24 | $1.52 | $1.66 | +9.2% | — | $1B | — |
| Q3 24 | $1.59 | $1.59 | 0.0% | — | $1B | — |
| Q2 24 | $1.53 | $1.58 | +3.3% | — | $979.6M | — |
| Q1 24 | $1.61 | $1.64 | +1.9% | — | $987M | — |
| Q4 23 | $1.61 | $1.69 | +5.0% | — | $995M | — |
| Q3 23 | $1.5 | $1.63 | +8.7% | — | $965.5M | — |
| Q2 23 | $1.41 | $1.49 | +5.7% | — | $935.7M | — |
| Q1 23 | $1.32 | $1.4 | +6.1% | — | $915.7M | — |
| Q4 22 | $1.27 | $1.37 | +7.9% | — | $927.8M | — |
| Q3 22 | $1.22 | $1.26 | +3.3% | — | $881.9M | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | $3.11 | — | — | $4.2B | — |
| FY24 | — | $3.34 | — | — | $4B | — |
| FY23 | — | $3.59 | — | — | $3.8B | — |
| FY22 | — | $3.29 | — | — | $3.6B |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B | $2.5B | $2.7B | $2.9B | $3.2B | $3.5B | $3.6B | $3.8B | $4B | $4.2B |
| YoY change | +6.85% | +6.01% | +9.06% | +6.6% | +10.5% | +8.23% | +4.49% | +5.4% | +4.7% | +5.44% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.3B | 2.5B | 2.7B | 2.9B | 3.2B | 3.5B | 3.6B | 3.8B | 4B | 4.2B |
| Cost of revenue | 809.1M | 875.8M | 953.5M | 987.6M | 1.1B | 1.3B | 1.4B | 1.5B | 1.6B | 1.7B |
| Gross profit | 1.5B | 1.6B | 1.8B | 1.9B | 2.1B | 2.2B | 2.2B | 2.3B | 2.4B | 2.5B |
| Gross margin | 65.5% | 64.8% | 64.9% | 65.9% | 64.6% | 63.3% | 61.7% | 60.4% | 59.4% | 58.9% |
| Research & development | 167.6M | 222.4M | 246.2M | 261.4M | 269.3M | 335.4M | 391.4M | 406M | 470.9M | 513.6M |
| Selling, general & administrative | 799.8M | 888M | 982.8M | 947.5M | 966.7M | 919M | 984.1M | 1.1B | 1.1B | 1.2B |
| Operating expenses | 967.4M | 1.1B | 1.2B | 1.2B | 1.2B | 1.3B | 1.4B | 1.5B | 1.6B | 1.7B |
| Operating income | 477.8M | 392.5M | 416.1M | 578M | 701.7M | 807.2M | 711M | 703.4M | 636.4M | 628.2M |
| Operating margin | 20.4% | 15.8% | 15.3% | 20% | 21.9% | 23.3% | 19.7% | 18.5% | 15.9% | 14.9% |
| Non-operating income, net | -7.5M | -77.4M | -56.7M | -30.5M | -45.6M | -22.3M | -45.2M | -78.4M | -122.5M | -65.9M |
| Pretax income | 466.4M | 314.2M | 343.1M | 532.5M | 616.1M | 728.2M | 658M | 652.5M | 587M | 602.4M |
| Income tax | 145.6M | 91.4M | 44.7M | 53.4M | 45.9M | 62.6M | 126.7M | 106.4M | 82.1M | 150.4M |
| Net income | 320.7M | 222.8M | 298.4M | 478M | 557.1M | 651.6M | 523.7M | 547.6M | 504.9M | 452M |
| Net margin | 13.7% | 8.95% | 11% | 16.5% | 17.4% | 18.8% | 14.5% | 14.4% | 12.7% | 10.7% |
| EBITDA | 830.6M | 783.6M | 874.4M | 1.1B | 1.2B | 1.4B | 1.3B | 1.3B | 1.4B | 1.4B |
| EPS | 1.81 | 1.27 | 1.78 | 2.94 | 3.43 | 4.01 | 3.29 | 3.59 | 3.34 | 3.11 |
| Diluted EPS | 1.79 | 1.26 | 1.76 | 2.9 | 3.37 | 3.93 | 3.26 | 3.52 | 3.27 | 3.07 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 965.5M | 995M | 987M | 979.6M | 1B | 1B | 1B | 1B | 1.1B | 1.1B | 1.1B | 1.1B |
| Cost of revenue | 383.1M | 393.4M | 394.7M | 402.9M | 408.8M | 414.4M | 418.9M | 426.5M | 429.5M | 452.5M | 471.3M | 485.9M |
| Gross profit | 582.4M | 601.6M | 592.2M | 576.7M | 595.9M | 605.6M | 596.2M | 617M | 625.1M | 642.4M | 602.3M | 613.8M |
| Gross margin | 60.3% | 60.5% | 60% | 58.9% | 59.3% | 59.4% | 58.7% | 59.1% | 59.3% | 58.7% | 56.1% | 55.8% |
| Research & development | 105.9M | 109.2M | 116.9M | 113.4M | 120.3M | 120.2M | 123.5M | 125.8M | 124.7M | 139.5M | 141.6M | 148.8M |
| Selling, general & administrative | 262.7M | 272.6M | 268.9M | 273.4M | 275.5M | 283.1M | 272.3M | 290.5M | 288.5M | 303.2M | 302.4M | 335.4M |
| Operating expenses | 368.7M | 381.8M | 385.9M | 386.8M | 395.9M | 403.3M | 395.9M | 416.4M | 413.2M | 442.7M | 444M | 484.2M |
| Operating income | 180.9M | 185.1M | 167.4M | 151.6M | 157.7M | 159.7M | 155M | 155.8M | 166M | 151.3M | 113.9M | 83.9M |
| Operating margin | 18.7% | 18.6% | 17% | 15.5% | 15.7% | 15.7% | 15.3% | 14.9% | 15.7% | 13.8% | 10.6% | 7.63% |
| Non-operating income, net | -8M | -6M | -205K | -4.5M | -100.2M | -17.6M | 5.6M | -9.8M | -3.8M | -57.8M | -1.2M | -6.5M |
| Pretax income | 179.4M | 196.2M | 188.3M | 166.8M | 73.8M | 158.1M | 173.4M | 151.9M | 173.2M | 103.9M | 122M | 100M |
| Income tax | 20.3M | 35.1M | 12.8M | 35.1M | 15.9M | 18.2M | 50.2M | 48.3M | 33M | 18.8M | 15.7M | 20.6M |
| Net income | 160.5M | 161.2M | 175.4M | 131.7M | 57.9M | 139.9M | 123.2M | 103.6M | 140.2M | 85.1M | 106.3M | 79.4M |
| Net margin | 16.6% | 16.2% | 17.8% | 13.4% | 5.76% | 13.7% | 12.1% | 9.93% | 13.3% | 7.77% | 9.9% | 7.22% |
| EBITDA | 336.2M | 354.9M | 352M | 333.8M | 331.4M | 350.3M | 354.6M | 338M | 355.3M | 357.1M | 313.4M | 294.8M |
| EPS | 1.06 | 1.07 | 1.16 | 0.86 | 0.38 | 0.93 | 0.83 | 0.72 | 0.98 | 0.59 | 0.73 | 0.55 |
| Diluted EPS | 1.04 | 1.03 | 1.11 | 0.86 | 0.38 | 0.91 | 0.82 | 0.71 | 0.97 | 0.58 | 0.71 | 0.52 |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 11.7B | 11.2B | 10.2B | 14.1B | 17.1B | 19B | 13.4B | 18B | 14.5B | 12.7B | 15.7B |
| Enterprise value | 11.5B | 11.1B | 9.9B | 15.2B | 18.7B | 20.8B | 15.5B | 21.7B | 17.5B | 17.2B | 22.4B |
| Shares outstanding | 174.9M | 171.6M | 167.3M | 162.7M | 162.5M | 162.7M | 159.1M | 152.5M | 151.4M | 145.4M | 145.4M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 36.4 | 50.1 | 34.3 | 29.4 | 30.6 | 29.2 | 25.6 | 33 | 28.7 | 28.1 | 40 |
| P/S | 4.97 | 4.48 | 3.76 | 4.86 | 5.33 | 5.5 | 3.71 | 4.74 | 3.63 | 3.01 | 3.67 |
| P/B | 3.62 | 3.32 | 3.2 | 3.84 | 4.01 | 4.2 | 3.08 | 3.93 | 2.97 | 2.55 | 3.34 |
| EV/EBITDA | 13.8 | 14.2 | 11.3 | 14.4 | 15.5 | 15.1 | 11.9 | 16.6 | 12.8 | 12.2 | 20.7 |
| EV/Sales | 4.88 | 4.46 | 3.64 | 5.25 | 5.86 | 6.01 | 4.28 | 5.7 | 4.39 | 4.08 | 5.17 |
| Earnings yield | 2.75% | 2% | 2.92% | 3.4% | 3.27% | 3.42% | 3.9% | 3.03% | 3.49% | 3.56% | 2.5% |
| FCF yield | 4.76% | 3.46% | 5.9% | 3.53% | 2.83% | 4.51% | 6.09% | 3.43% | 5.76% | 5.51% | 4.53% |
| PEG | — | — | — | — | — | — | — | — | — | — | -1.69 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 65.5% | 64.8% | 64.9% | 65.9% | 64.6% | 63.3% | 61.7% | 60.4% | 59.4% | 58.9% | 55.8% |
| Operating margin | 20.4% | 15.8% | 15.3% | 20% | 21.9% | 23.3% | 19.7% | 18.5% | 15.9% | 14.9% | 7.63% |
| Net margin | 13.7% | 8.95% | 11% | 16.5% | 17.4% | 18.8% | 14.5% | 14.4% | 12.7% | 10.7% | 9.51% |
| ROE | 9.95% | 6.63% | 9.35% | 13.1% | 13.1% | 14.4% | 12% | 11.9% | 10.4% | 9.08% | 8.92% |
| ROA | 7.33% | 4.79% | 5.46% | 6.82% | 7.17% | 7.86% | 6.31% | 5.53% | 4.87% | 3.94% | 2.52% |
| ROIC | 10.9% | 8.4% | 12.6% | 10.9% | 11% | 11.7% | 8.93% | 7.12% | 6.91% | 4.98% | 3.95% |
| Return on tangible assets | 19.8% | 17.8% | 13.9% | 13.9% | 14.1% | 19.5% | 27.7% | 17.5% | 19.3% | 11.8% | 5.45% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.5 | 2.95 | 2.09 | 3.22 | 2.54 | 2.43 | 2.41 | 2.16 | 1.23 | 2.36 | 1.64 |
| Quick ratio | 3.5 | 2.95 | 2.09 | 3.22 | 2.54 | 2.43 | 2.41 | 2.16 | 1.23 | 2.36 | 1.64 |
| Debt / equity | 0.2 | 0.2 | 0.49 | 0.73 | 0.65 | 0.63 | 0.73 | 0.99 | 0.95 | 1.14 | 1.97 |
| Debt / assets | 0.15 | 0.14 | 0.29 | 0.38 | 0.36 | 0.35 | 0.38 | 0.46 | 0.45 | 0.49 | 0.62 |
| Net debt / EBITDA | -0.24 | -0.06 | -0.38 | 1.08 | 1.39 | 1.29 | 1.6 | 2.81 | 2.22 | 3.2 | 4.53 |
| Interest coverage | 26 | 17.7 | 8.94 | 11.8 | 9.91 | 11.1 | 60.3 | 37.8 | 22.6 | 20.6 | 15.8 |
| Effective tax rate | 31.2% | 29.1% | 13% | 10% | 7.45% | 8.59% | 19.3% | 16.3% | 14% | 25% | 17.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 13.4 | 14.5 | 16.2 | 17.8 | 19.7 | 21.3 | 22.7 | 25 | 26.4 | 28.9 | 29.9 |
| EPS (basic) | 1.81 | 1.27 | 1.78 | 2.94 | 3.43 | 4.01 | 3.29 | 3.59 | 3.34 | 3.11 | 3.11 |
| EPS (diluted) | 1.79 | 1.26 | 1.76 | 2.9 | 3.37 | 3.93 | 3.26 | 3.52 | 3.27 | 3.07 | 2.76 |
| Book value per share | 18.4 | 19.6 | 19.1 | 22.5 | 26.2 | 27.8 | 27.4 | 30.1 | 32.2 | 34.2 | 33.1 |
| FCF per share | 3.18 | 2.25 | 3.6 | 3.05 | 2.97 | 5.28 | 5.13 | 4.05 | 5.51 | 4.81 | 4.1 |
| Cash per share | 4.79 | 4.15 | 11.3 | 9.45 | 6.76 | 6.63 | 6.95 | 5.67 | 10.5 | 8.16 | 23.3 |
| Capex per share | 1.03 | 1.48 | 1.3 | 2.21 | 3.17 | 2.02 | 1.52 | 3 | 2.58 | 2.14 | 2.12 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 7.71% | 10.2% | 8.02% | 12.4% | 16.1% | 9.5% | 6.67% | 12% | 9.78% | 7.41% | 7.55% |
| Capex / operating cash flow | 22.3% | 31.9% | 22.4% | 34.7% | 41.7% | 23.7% | 18.9% | 32.5% | 25% | 20.5% | 22.5% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | $4.01 | — | — | $3.5B | — |
| FY20 | — | $3.43 | — | — | $3.2B | — |
| FY19 | — | $2.94 | — | — | $2.9B | — |
| FY18 | — | $1.78 | — | — | $2.7B | — |
| FY17 | — | $1.27 | — | — | $2.5B | — |
| FY16 | — | $1.81 | — | — | $2.3B | — |
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $965.5M | $995M | $987M | $979.6M | $1B | $1B | $1B | $1B | $1.1B | $1.1B | $1.1B | $1.1B |
| YoY change | +9.48% | +7.25% | +7.78% | +4.69% | +4.06% | +2.5% | +2.85% | +6.52% | +4.97% | +7.35% | +5.76% | +5.38% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 837M | 711.9M | 1.9B | 1.5B | 1.1B | 1.1B | 1.1B | 864.4M | 1.6B | 1.2B |
| Receivables | 261M | 320M | 337.4M | 396.2M | 473.5M | 502M | 490.2M | 516.2M | 508.9M | 577.9M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.3B | 1.3B | 2.5B | 2.2B | 1.9B | 1.9B | 2B | 1.8B | 2.6B | 2.3B |
| Property, plant & equipment | 801M | 862.5M | 910.6M | 1.9B | 2.3B | 2.5B | 2.4B | 2.7B | 3B | 3.8B |
| Goodwill & intangibles | 2.8B | 3.4B | 3.3B | 3.6B | 3.8B | 4.9B | 6.4B | 6.8B | 7.8B | 7.6B |
| Total assets | 4.4B | 4.6B | 5.5B | 7B | 7.8B | 8.3B | 8.3B | 9.9B | 10.4B | 11.5B |
| Accounts payable | 76.1M | 80.3M | 99.1M | 138.9M | 118.5M | 109.9M | 145.4M | 146.9M | 130.4M | 125.1M |
| Short-term debt | — | — | 686.6M | 139.5M | 154.8M | 175.7M | 196.1M | 222.9M | 1.4B | 336.6M |
| Total current liabilities | 374.6M | 456.7M | 1.2B | 693.3M | 758.2M | 790.3M | 818.9M | 836M | 2.1B | 967.5M |
| Long-term debt | 640.1M | 662.9M | 874.1M | 2.5B | 2.6B | 2.7B | 3B | 4.3B | 3.2B | 5.3B |
| Total liabilities | 1.1B | 1.3B | 2.3B | 3.3B | 3.5B | 3.6B | 3.9B | 5.3B | 5.5B | 6.5B |
| Shareholders' equity | 3.2B | 3.4B | 3.2B | 3.7B | 4.3B | 4.5B | 4.4B | 4.6B | 4.9B | 5B |
| Total debt | 640.1M | 662.9M | 1.6B | 2.7B | 2.8B | 2.9B | 3.2B | 4.5B | 4.6B | 5.7B |
| Net debt | 315.9M | 349.5M | 524.2M | 2.3B | 2.4B | 2.3B | 2.6B | 4B | 4.1B | 4.7B |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 939.3M | 864.4M | 1.7B | 1.6B | 1.7B | 1.6B | 1.3B | 966.6M | 1.1B | 1.2B | 930.4M | 3.4B |
| Receivables | 514.4M | 516.2M | 503.5M | 499.1M | 492.5M | 508.9M | 552.5M | 560.5M | 546.9M | 577.9M | 665.1M | 741.8M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.9B | 1.8B | 2.6B | 2.6B | 2.6B | 2.6B | 2.4B | 2B | 2.2B | 2.3B | 2.1B | 4.7B |
| Property, plant & equipment | 2.7B | 2.7B | 2.8B | 2.9B | 3B | 3B | 3.1B | 3.3B | 3.3B | 3.8B | 4.1B | 4.3B |
| Goodwill & intangibles | 6.6B | 6.8B | 6.7B | 7.6B | 7.5B | 7.8B | 7.7B | 7.7B | 7.6B | 7.6B | 7.6B | 7.5B |
| Total assets | 9.6B | 9.9B | 9.9B | 10.1B | 10.2B | 10.4B | 10B | 10.5B | 10.8B | 11.5B | 11.6B | 15.1B |
| Accounts payable | 144.5M | 146.9M | 134.7M | 124.5M | 106.6M | 130.4M | 155.9M | 146.6M | 190M | 125.1M | 151.4M | 273.4M |
| Short-term debt | 205.1M | 222.9M | 232.7M | 1.4B | 1.4B | 1.4B | 1.4B | 271.5M | 281.3M | 336.6M | 369.1M | 2.1B |
| Total current liabilities | 810.5M | 836M | 808.9M | 1.9B | 2B | 2.1B | 2B | 880.5M | 950.3M | 967.5M | 1B | 2.8B |
| Long-term debt | 4.3B | 4.3B | 4.3B | 3.2B | 3.3B | 3.2B | 3.2B | 5B | 4.9B | 5.3B | 5.5B | 7.3B |
| Total liabilities | 5.3B | 5.3B | 5.3B | 5.3B | 5.4B | 5.5B | 5.4B | 880.5M | 950.3M | 967.5M | 1B | 10.3B |
| Shareholders' equity | 4.3B | 4.6B | 4.6B | 4.8B | 4.8B | 4.9B | 4.6B | 4.5B | 4.7B | 5B | 4.9B | 4.7B |
| Total debt | 4.5B | 4.5B | 4.6B | 4.6B | 4.7B | 4.6B | 4.6B | 5.3B | 5.2B | 5.7B | 5.9B | 9.3B |
| Net debt | 4B | 4B | 4.1B | 4.2B | 4.1B | 4.1B | 3.5B | 4.4B | 4.3B | 4.7B | 5.2B | 7.9B |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 320.7M | 222.8M | 298.4M | 478M | 557.1M | 651.6M | 523.7M | 547.6M | 504.9M | 452M |
| Depreciation & amortization | 334.3M | 372.3M | 434.5M | 440.7M | 478.4M | 550.6M | 592.8M | 570.8M | 648.4M | 708.6M |
| Stock-based compensation | 144.5M | 164.3M | 183.8M | 187.1M | 197.4M | 202.8M | 217.2M | 328.5M | 393.4M | 459.4M |
| Change in working capital | -27.2M | -16.3M | -7.8M | -123.3M | -44.5M | -44.6M | 14.8M | -72.1M | 11.4M | -80.8M |
| Operating cash flow | 811.2M | 796.7M | 970.2M | 1B | 1.2B | 1.4B | 1.3B | 1.4B | 1.6B | 1.5B |
| Capital expenditure | -180.9M | -254.1M | -217.6M | -359.7M | -514.3M | -329M | -241.3M | -457.9M | -390.4M | -311.7M |
| Investing cash flow | -334.1M | -298.5M | -318.4M | -1.5B | -825.4M | -430.6M | -405.3M | -1.6B | -503.8M | -33M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -373.8M | -361.2M | -750M | -334.5M | -193.6M | -522.3M | -608M | -654M | -557.5M | -800M |
| Financing cash flow | -419.3M | -420.7M | 51.1M | -967.9M | -283.4M | -621.6M | -815.6M | 200.2M | -741.1M | -981.3M |
| Net change in cash | 57.8M | 77.5M | 702.9M | -1.4B | 125.7M | 337.9M | 58M | 31.4M | 314.9M | 504.5M |
| Free cash flow | 555.5M | 386.2M | 602.6M | 496.2M | 483.1M | 859.3M | 816.4M | 618.4M | 833.9M | 699.3M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 160.5M | 161.2M | 175.4M | 131.7M | 57.9M | 139.9M | 123.2M | 103.6M | 140.2M | 85.1M | 106.3M | 79.4M |
| Depreciation & amortization | 148.6M | 147.6M | 156.2M | 158.5M | 165.7M | 167.9M | 174M | 175.5M | 176.6M | 182.5M | 183.8M | 185.5M |
| Stock-based compensation | 87M | 92.1M | 93.3M | 98.5M | 102.6M | 99M | 112M | 112.8M | 115.4M | 119.2M | 128.7M | 146.3M |
| Change in working capital | -60M | -23M | 26.7M | 3.9M | 58M | -77.2M | -36.8M | 18.3M | -7.6M | -54.7M | -57.2M | -92.7M |
| Operating cash flow | 333.6M | 371.5M | 444.8M | 410.1M | 425.1M | 279.8M | 407.5M | 459.1M | 441.8M | 366.6M | 312.5M | 326.3M |
| Capital expenditure | -133.5M | -70.4M | -93.8M | -91M | -112.8M | -92.9M | -117.8M | -78.2M | -82.2M | -73M | -90.2M | -80.8M |
| Investing cash flow | -1.1B | -252.3M | -71.6M | -214.1M | -43.9M | -174.2M | 955.1M | -538.1M | -255.6M | -234.7M | -217.8M | -2.1B |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -113.2M | -54.9M | -125.4M | -127.8M | -165.8M | -138.4M | -500M | -300M | 0 | 0 | -205.9M | -409.9M |
| Financing cash flow | 756.2M | -70.2M | -236.3M | -168.4M | -181.8M | -154.6M | -572.4M | -933.3M | -12.5M | -15.3M | -313.3M | -1.3B |
| Net change in cash | -10.2M | 48.9M | 137M | 27.6M | 199.4M | -49.1M | 790.2M | -1B | 173.7M | 116.6M | -218.6M | -3.1B |
| Free cash flow | 161.8M | 255.3M | 178.1M | 267.4M | 207.4M | 180.9M | 55.2M | 235.4M | 246.8M | 161.9M | 120.7M | 100.5M |