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 % |
|---|---|---|---|---|---|---|
| Q1 27 | $3.39 | $3.5 | +3.2% | — | — | — |
| Q4 26 | $2.69 | $2.86 | +6.3% | — | — | — |
| Q3 26 | $2.21 | $2.38 | +7.7% | — | — | — |
| Q2 26 | $2.09 | $2.17 | +3.8% | — | — | — |
| Q1 26 | $2.36 | $2.48 | +5.1% | — | — | — |
| Q4 25 | $2.31 | $2.39 | +3.5% | — | — | — |
| Q3 25 | $2.3 | $2.38 | +3.5% | — | — | — |
| Q2 25 | $2.19 | $2.32 | +5.9% | — | — | — |
| Q1 25 | $2.03 | $2.12 | +4.4% | — | — | — |
| Q4 24 | $1.99 | $2.09 | +5.0% | — | — | — |
| Q3 24 | $1.91 | $2.13 | +11.5% | — | — | — |
| Q2 24 | $2 | $2.12 | +6.0% | — | — | — |
| Q1 24 | $1.74 | $1.9 | +9.2% | — | — | — |
| Q4 23 | $1.84 | $2 | +8.7% | — | — | — |
| Q3 23 | $1.93 | $2.03 | +5.2% | — | — | — |
| Q2 23 | $1.73 | $2.03 | +17.3% | — | — | — |
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 | — | $8.71 | — | — | $28.4B | — |
| FY24 | — | $8.68 | — | — | $27.2B | — |
| FY23 | — | $8.16 | — | — | $26.5B | — |
| FY22 | — | $7.49 | — | — | $25.8B |
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 | $10.8B | $14.7B | $16.7B | $14.6B | $17.2B | $23.1B | $25.8B | $26.5B | $27.2B | $28.4B |
| YoY change | +12.1% | +35.8% | +13.7% | -12.6% | +17.8% | +34.1% | +11.8% | +2.84% | +2.49% | +4.39% |
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 | 10.8B | 14.7B | 16.7B | 14.6B | 17.2B | 23.1B | 25.8B | 26.5B | 27.2B | 28.4B |
| Cost of revenue | 6.3B | 8.1B | 9.2B | 8.2B | 9.5B | 12.1B | 13.8B | 14.1B | 14.3B | 14.6B |
| Gross profit | 4.5B | 6.6B | 7.5B | 6.4B | 7.7B | 10.9B | 12B | 12.4B | 12.9B | 13.8B |
| Gross margin | 41.7% | 45% | 45% | 43.7% | 44.7% | 47.3% | 46.5% | 46.7% | 47.5% | 48.7% |
| Research & development | 1.5B | 1.8B | 2B | 2.1B | 2.2B | 2.5B | 2.8B | 3.1B | 3.2B | 3.6B |
| Selling, general & administrative | 819M | 895M | 1B | 982M | 1.1B | 1.2B | 1.4B | 1.6B | 1.8B | 1.8B |
| Operating expenses | 2.4B | 2.7B | 3B | 3B | 3.3B | 3.7B | 4.2B | 4.7B | 5B | 5.3B |
| Operating income | 2.2B | 3.9B | 4.5B | 3.4B | 4.4B | 7.2B | 7.8B | 7.7B | 7.9B | 8.5B |
| Operating margin | 19.9% | 26.8% | 26.9% | 22.9% | 25.4% | 31.2% | 30.2% | 28.9% | 28.9% | 29.9% |
| Non-operating income, net | — | — | — | — | — | -311M | 4M | — | — | -181M |
| Pretax income | 2B | 3.8B | 4.4B | 3.3B | 4.2B | 6.8B | 7.6B | 7.7B | 8.2B | 9.3B |
| Income tax | 292M | 297M | 1.4B | 563M | 547M | 883M | 1.1B | 860M | 975M | 2.3B |
| Net income | 1.7B | 3.5B | 3B | 2.7B | 3.6B | 5.9B | 6.5B | 6.9B | 7.2B | 7B |
| Net margin | 15.9% | 23.9% | 18.2% | 18.5% | 21% | 25.5% | 25.3% | 25.9% | 26.4% | 24.7% |
| EBITDA | 2.6B | 4.4B | 5.1B | 3.9B | 4.8B | 7.7B | 8.3B | 8.5B | 8.8B | 10.2B |
| EPS | 1.56 | 3.2 | 3.27 | 2.89 | 3.95 | 6.47 | 7.49 | 8.16 | 8.68 | 8.71 |
| Diluted EPS | 1.54 | 3.17 | 3.23 | 2.86 | 3.92 | 6.4 | 7.44 | 8.11 | 8.61 | 8.66 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.7B | 6.7B | 6.6B | 6.8B | 7B | 7.2B | 7.1B | 7.3B | 6.8B | 7B | 7.9B | 9.1B |
| Cost of revenue | 3.6B | 3.5B | 3.5B | 3.6B | 3.7B | 3.7B | 3.6B | 3.7B | 3.5B | 3.6B | 4B | 4.5B |
| Gross profit | 3.2B | 3.2B | 3.2B | 3.2B | 3.3B | 3.5B | 3.5B | 3.6B | 3.3B | 3.4B | 3.9B | 4.6B |
| Gross margin | 47.1% | 47.8% | 47.4% | 47.3% | 47.3% | 48.8% | 49.1% | 48.8% | 48% | 49% | 49.9% | 50.3% |
| Research & development | 789M | 754M | 785M | 836M | 858M | 859M | 893M | 901M | 917M | 928M | 1B | 1.1B |
| Selling, general & administrative | 409M | 483M | 456M | 427M | 431M | 462M | 423M | 428M | 455M | 411M | 397M | 411M |
| Operating expenses | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.4B | 1.3B | 1.4B | 1.5B |
| Operating income | 2B | 2B | 1.9B | 1.9B | 2B | 2.2B | 2.2B | 2.2B | 1.9B | 2.1B | 2.5B | 3.1B |
| Operating margin | 29.3% | 29.3% | 28.8% | 28.7% | 29% | 30.4% | 30.5% | 30.6% | 27.8% | 29.9% | 31.9% | 33.7% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | -265M | — | — |
| Pretax income | 2.2B | 2.3B | 2B | 2B | 1.9B | 2.1B | 2.3B | 2.6B | 2.3B | 2.3B | 3.2B | 2.9B |
| Income tax | 168M | 284M | 272M | 255M | 164M | 934M | 185M | 784M | 370M | 302M | 419M | 369M |
| Net income | 2B | 2B | 1.7B | 1.7B | 1.7B | 1.2B | 2.1B | 1.8B | 1.9B | 2B | 2.8B | 2.5B |
| Net margin | 29.8% | 30.1% | 25.9% | 25.2% | 24.6% | 16.5% | 30.1% | 24.4% | 27.9% | 28.9% | 35.5% | 27.8% |
| EBITDA | 2.4B | 2.5B | 2.1B | 2.1B | 2.1B | 2.3B | 2.5B | 2.7B | 2.5B | 2.8B | 3.4B | 3.2B |
| EPS | 2.4 | 2.43 | 2.08 | 2.06 | 2.11 | 1.46 | 2.64 | 2.23 | 2.39 | 2.55 | 3.53 | 3.2 |
| Diluted EPS | 2.38 | 2.41 | 2.06 | 2.05 | 2.09 | 1.45 | 2.63 | 2.22 | 2.38 | 2.54 | 3.51 | 3.17 |
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 | 32.2B | 60.5B | 33.3B | 50.8B | 54.3B | 124.4B | 76.9B | 111.2B | 150.2B | 187.4B | 386.3B |
| Enterprise value | 31.8B | 58.6B | 34.6B | 52.5B | 54.2B | 124.6B | 80.1B | 110.3B | 147.3B | 185.9B | 383B |
| Shares outstanding | 1.1B | 1.1B | 1B | 937M | 916M | 910M | 871M | 840M | 827M | 804M | 804M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 18.7 | 17.2 | 11 | 18.8 | 15 | 21.1 | 11.8 | 16.2 | 20.9 | 26.8 | 42 |
| P/S | 2.97 | 4.12 | 1.99 | 3.48 | 3.15 | 5.39 | 2.98 | 4.19 | 5.53 | 6.61 | 12.5 |
| P/B | 4.46 | 6.48 | 4.87 | 6.19 | 5.13 | 10.2 | 6.31 | 6.8 | 7.9 | 9.18 | 15.1 |
| EV/EBITDA | 12.4 | 13.2 | 6.8 | 13.6 | 11.3 | 16.2 | 9.7 | 13 | 16.8 | 18.3 | 37.7 |
| EV/Sales | 2.93 | 3.99 | 2.07 | 3.6 | 3.15 | 5.4 | 3.11 | 4.16 | 5.42 | 6.55 | 12.4 |
| Earnings yield | 5.35% | 5.81% | 9.12% | 5.32% | 6.67% | 4.73% | 8.48% | 6.17% | 4.78% | 3.73% | 2.38% |
| FCF yield | 7.19% | 5.69% | 9.5% | 5.52% | 6.23% | 3.84% | 6% | 6.83% | 4.99% | 3.04% | 0.8% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.97 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 41.7% | 45% | 45% | 43.7% | 44.7% | 47.3% | 46.5% | 46.7% | 47.5% | 48.7% | 50.3% |
| Operating margin | 19.9% | 26.8% | 26.9% | 22.9% | 25.4% | 31.2% | 30.2% | 28.9% | 28.9% | 29.9% | 33.7% |
| Net margin | 15.9% | 23.9% | 18.2% | 18.5% | 21% | 25.5% | 25.3% | 25.9% | 26.4% | 24.7% | 30.1% |
| ROE | 23.8% | 37.6% | 44.4% | 32.9% | 34.2% | 48.1% | 53.5% | 41.9% | 37.8% | 34.3% | 41.1% |
| ROA | 11.8% | 18.1% | 17.2% | 14.2% | 16.2% | 22.8% | 24.4% | 22.3% | 20.9% | 19.3% | 15.5% |
| ROIC | 27.1% | 49.2% | 38.2% | 28% | 36% | 49.9% | 43.3% | 43.9% | 42.9% | 33.8% | 34.9% |
| Return on tangible assets | 25.4% | 29.7% | 29% | 22.7% | 23.9% | 31.6% | 35% | 30.2% | 27.1% | 24.6% | 26.4% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.3 | 3.14 | 2.7 | 2.3 | 3 | 2.54 | 2.16 | 2.6 | 2.51 | 2.61 | 2.42 |
| Quick ratio | 1.74 | 2.43 | 1.75 | 1.51 | 2.12 | 1.86 | 1.35 | 1.82 | 1.87 | 1.87 | 1.79 |
| Debt / equity | 0.46 | 0.57 | 0.78 | 0.65 | 0.54 | 0.47 | 0.48 | 0.37 | 0.35 | 0.35 | 0.29 |
| Debt / assets | 0.23 | 0.27 | 0.3 | 0.28 | 0.26 | 0.22 | 0.22 | 0.2 | 0.19 | 0.19 | 0.17 |
| Net debt / EBITDA | -0.17 | -0.45 | 0.25 | 0.44 | -0.01 | 0.04 | 0.39 | -0.1 | -0.33 | -0.15 | -0.16 |
| Interest coverage | 14 | 20.3 | 19.8 | 14.8 | 18.4 | 29.7 | 34.3 | 33.4 | 34 | 35.5 | 29.5 |
| Effective tax rate | 14.5% | 7.78% | 30.9% | 17.2% | 13.1% | 13% | 14.1% | 11.1% | 12% | 24.5% | 13.6% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 9.78 | 13.7 | 16.5 | 15.6 | 18.8 | 25.3 | 29.6 | 31.6 | 32.9 | 35.3 | 38.8 |
| EPS (basic) | 1.56 | 3.2 | 3.27 | 2.89 | 3.95 | 6.47 | 7.49 | 8.16 | 8.68 | 8.71 | 8.71 |
| EPS (diluted) | 1.54 | 3.17 | 3.23 | 2.86 | 3.92 | 6.4 | 7.44 | 8.11 | 8.61 | 8.66 | 11.6 |
| Book value per share | 6.52 | 8.71 | 6.76 | 8.77 | 11.5 | 13.5 | 14 | 19.5 | 23 | 25.4 | 32.3 |
| FCF per share | 2.09 | 3.21 | 3.12 | 2.99 | 3.69 | 5.25 | 5.3 | 9.04 | 9.05 | 7.09 | 7.03 |
| Cash per share | 3.39 | 6.78 | 3.98 | 3.86 | 6.26 | 6 | 2.96 | 8.18 | 11.5 | 10.7 | 11.6 |
| Capex per share | 0 | — | — | — | — | — | — | — | — | 2.81 | 3.47 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0% | — | — | — | — | — | — | — | — | 7.97% | 8.99% |
| Capex / operating cash flow | 0% | — | — | — | — | — | — | — | — | 28.4% | 33% |
| Payout ratio | 25.8% | 12.2% | 19.9% | 28.5% | 21.7% | 14.2% | 13.4% | 14.2% | 16.6% | 19.8% | 16.5% |
| Dividend yield | 1.38% | 0.71% | 1.82% | 1.52% | 1.45% | 0.67% | 1.14% | 0.88% | 0.79% | 0.74% | 0.44% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Nov 19, 2026upcoming | $0.53 |
| Aug 20, 2026 | $0.53 |
| May 21, 2026 | $0.53 |
| Feb 19, 2026 | $0.46 |
| — |
| FY21 | — | $6.47 | — | — | $23.1B | — |
| FY20 | — | $3.95 | — | — | $17.2B | — |
| FY19 | — | $2.89 | — | — | $14.6B | — |
| FY18 | — | $3.27 | — | — | $16.7B | — |
| FY17 | — | $3.2 | — | — | $14.7B | — |
| FY16 | — | $1.56 | — | — | $10.8B | — |
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.7B | $6.7B | $6.6B | $6.8B | $7B | $7.2B | $7.1B | $7.3B | $6.8B | $7B | $7.9B | $9.1B |
| YoY change | -0.39% | -0.47% | +0.24% | +5.49% | +4.79% | +6.84% | +6.83% | +7.73% | -3.48% | -2.15% | +11.4% | +24.8% |
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 | 3.7B | 7.3B | 4B | 3.6B | 5.7B | 5.5B | 2.6B | 6.9B | 9.5B | 8.6B |
| Receivables | 2.3B | 2.3B | 2.3B | 2.5B | 3B | 5B | 6.1B | 5.2B | 5.2B | 5.2B |
| Inventory | 2B | 2.9B | 3.7B | 3.5B | 3.9B | 4.3B | 5.9B | 5.7B | 5.4B | 5.9B |
| Total current assets | 8.4B | 12.9B | 10.6B | 10.2B | 13.4B | 16.1B | 15.9B | 19.1B | 21.2B | 20.9B |
| Property, plant & equipment | -324M | -249M | -41M | -61M | 201M | 448M | 669M | 1B | 1.4B | 2.2B |
| Goodwill & intangibles | 7.8B | 7.6B | 7.2B | 7.1B | 7.2B | 7.2B | 8.1B | 8.1B | 8B | 7.9B |
| Total assets | 14.6B | 19.4B | 17.6B | 19B | 22.4B | 25.8B | 26.7B | 30.7B | 34.4B | 36.3B |
| Accounts payable | 813M | 945M | 996M | 958M | 1.1B | 1.5B | 1.8B | 1.5B | 1.6B | 2B |
| Short-term debt | 200M | — | — | 600M | 64M | 73M | 85M | 286M | 887M | 191M |
| Total current liabilities | 3.6B | 4.1B | 3.9B | 4.4B | 4.5B | 6.3B | 7.4B | 7.4B | 8.5B | 8B |
| Long-term debt | 3.1B | 5.3B | 5.3B | 4.7B | 5.6B | 5.7B | 5.7B | 5.7B | 5.7B | 6.9B |
| Total liabilities | 7.4B | 10.1B | 10.8B | 10.8B | 11.8B | 13.6B | 14.5B | 14.4B | 15.4B | 15.9B |
| Shareholders' equity | 7.2B | 9.3B | 6.8B | 8.2B | 10.6B | 12.2B | 12.2B | 16.3B | 19B | 20.4B |
| Total debt | 3.3B | 5.3B | 5.3B | 5.3B | 5.7B | 5.8B | 5.8B | 6B | 6.6B | 7B |
| Net debt | -81M | 294M | 1.9B | 2.2B | 356M | 758M | 3.8B | -133M | -1.4B | -191M |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 6.9B | 7.5B | 7.6B | 9.1B | 9.5B | 8.2B | 6.7B | 7B | 8.6B | 8.5B | 8.2B | 9.2B |
| Receivables | 5.2B | 4.7B | 4.8B | 5B | 5.2B | 6B | 6.2B | 5.8B | 5.2B | 5B | 6.4B | 7.7B |
| Inventory | 5.7B | 5.6B | 5.7B | 5.6B | 5.4B | 5.5B | 5.7B | 5.8B | 5.9B | 6B | 6.3B | 6.6B |
| Total current assets | 19.1B | 19.2B | 19.3B | 20.7B | 21.2B | 20.7B | 19.7B | 19.7B | 20.9B | 21B | 22.6B | 25.1B |
| Property, plant & equipment | 1B | 1.1B | 1.2B | 1.2B | 1.4B | 1.5B | 1.6B | 2B | 2.2B | 2.6B | 2.9B | 3.2B |
| Goodwill & intangibles | 8.1B | 8B | 8B | 8B | 8B | 8B | 8B | 8B | 7.9B | 7.8B | 8.3B | 8.4B |
| Total assets | 30.7B | 31.5B | 31.9B | 33.6B | 34.4B | 33.3B | 33.6B | 34.2B | 36.3B | 37.6B | 40.3B | 43.5B |
| Accounts payable | 1.5B | 1.4B | 1.5B | 1.5B | 1.6B | 1.7B | 1.8B | 1.8B | 2B | 1.9B | 2.2B | 2.4B |
| Short-term debt | 286M | 287M | 275M | 274M | 887M | 880M | 880M | 888M | 191M | 201M | 1.3B | 1.4B |
| Total current liabilities | 7.4B | 7.1B | 6.9B | 7.2B | 8.5B | 7.7B | 8B | 7.9B | 8B | 7.8B | 9B | 10.4B |
| Long-term debt | 5.7B | 5.7B | 5.7B | 6.4B | 5.7B | 5.7B | 5.8B | 5.9B | 6.9B | 7B | 6B | 5.9B |
| Total liabilities | 14.4B | 14.1B | 13.8B | 14.8B | 15.4B | 14.7B | 14.7B | 14.7B | 15.9B | 15.9B | 16.4B | 17.9B |
| Shareholders' equity | 16.3B | 17.4B | 18.2B | 18.8B | 19B | 18.6B | 19B | 19.5B | 20.4B | 21.7B | 23.9B | 25.6B |
| Total debt | 6B | 6B | 6B | 6.7B | 6.6B | 6.6B | 6.7B | 6.8B | 7B | 7.2B | 7.3B | 7.3B |
| Net debt | -133M | -865M | -1.1B | -1.6B | -1.4B | 324M | 501M | 1.4B | -191M | -28M | 967M | 309M |
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 | 1.7B | 3.5B | 3B | 2.7B | 3.6B | 5.9B | 6.5B | 6.9B | 7.2B | 7B |
| Depreciation & amortization | 389M | 407M | 457M | 363M | 376M | 394M | 444M | 515M | 392M | 435M |
| Stock-based compensation | 201M | 220M | 258M | 263M | 307M | 346M | 413M | 490M | 577M | 668M |
| Change in working capital | 23M | -336M | -927M | -159M | -628M | -1.7B | -1.3B | 795M | 728M | -450M |
| Operating cash flow | 2.4B | 3.8B | 2.9B | 3.2B | 3.8B | 4.9B | 5.9B | 8.7B | 8.3B | 8B |
| Capital expenditure | 0 | — | — | — | — | — | — | — | — | -2.3B |
| Investing cash flow | -172M | -2.2B | 1.2B | -2M | 292M | -548M | -570M | -429M | -1.1B | -2.8B |
| Dividends paid | -444M | -430M | -605M | -771M | -787M | -838M | -873M | -975M | -1.2B | -1.4B |
| Share repurchases | -1.9B | -1.2B | -5.3B | -2.4B | -649M | -3.8B | -6.1B | -2.2B | -3.8B | -4.9B |
| Financing cash flow | -3.5B | 341M | -5.9B | -3.1B | -1.3B | -4.6B | -7B | -3.9B | -4.9B | -6.5B |
| Net change in cash | -1.3B | 1.9B | -1.8B | 86M | 2.8B | -241M | -1.7B | 4.4B | 2.3B | -1.3B |
| Free cash flow | 2.3B | 3.4B | 3.2B | 2.8B | 3.4B | 4.8B | 4.6B | 7.6B | 7.5B | 5.7B |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 2B | 2B | 1.7B | 1.7B | 1.7B | 1.2B | 2.1B | 1.8B | 1.9B | 2B | 2.8B | 2.5B |
| Depreciation & amortization | 130M | 91M | 96M | 95M | 110M | 105M | 103M | 113M | 114M | 127M | 135M | 151M |
| Stock-based compensation | 115M | 170M | 134M | 132M | 141M | 195M | 159M | 158M | 156M | 207M | 169M | 169M |
| Change in working capital | -178M | 224M | -269M | 521M | 252M | -1.5B | -150M | 512M | 711M | -875M | -1.3B | -123M |
| Operating cash flow | 2.1B | 2.2B | 1.5B | 2.3B | 2.2B | 725M | 2.2B | 2.6B | 2.8B | 1.7B | 845M | 3B |
| Capital expenditure | — | — | — | — | — | — | — | -584M | -785M | -646M | -635M | -707M |
| Investing cash flow | -180M | -218M | 108M | -363M | -664M | -516M | 698M | -2B | -139M | -780M | -965M | -1.4B |
| Dividends paid | -268M | -266M | -266M | -331M | -329M | -326M | -325M | -368M | -365M | -365M | -365M | -420M |
| Share repurchases | -700M | -700M | -820M | -861M | -1.4B | -1.3B | -1.7B | -1.1B | -851M | -337M | -400M | -440M |
| Financing cash flow | -1.2B | -1.3B | -1B | -1.3B | -1.9B | -2B | -2.1B | -1.6B | -933M | -1.1B | -1.1B | -889M |
| Net change in cash | 774M | 722M | 605M | 643M | -301M | -1.8B | 810M | -890M | 1.8B | -225M | -1.3B | 735M |
| Free cash flow | 1.2B | 2.1B | 1.1B | 2.1B | 2.2B | 544M | 1.1B | 2B | 2B | 1B | 210M | 2.3B |
| Nov 20, 2025 | $0.46 |
| Aug 21, 2025 | $0.46 |
| May 22, 2025 | $0.46 |
| Feb 20, 2025 | $0.40 |
| Date | Ratio |
|---|---|
| Apr 17, 2002 | 2:1 |
| Mar 16, 2000 | 2:1 |
| Oct 14, 1997 | 2:1 |
| Oct 13, 1995 | 2:1 |
| Oct 6, 1993 | 2:1 |
| Apr 7, 1992 | 2:1 |
| May 16, 1986 | 2:1 |
| Feb 6, 1981 | 3:2 |
| Apr 2, 1980 | 3:2 |