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 % |
|---|---|---|---|---|---|---|
| Q4 26 | $1.82 | $1.43 | -21.4% | — | — | — |
| Q3 26 | $1.94 | $2.1 | +8.2% | — | — | — |
| Q2 26 | $2.89 | $3.37 | +16.6% | — | — | — |
| Q1 26 | $1.39 | $1.97 | +41.7% | — | — | — |
| Q4 25 | -$0.61 | -$0.24 | +60.7% | — | — | — |
| Q3 25 | $1.87 | $3.14 | +67.9% | — | — | — |
| Q2 25 | $1.43 | $5.2 | +263.6% | — | — | — |
| Q1 25 | $0.96 | $1.29 | +34.4% | — | — | — |
| Q4 24 | $1.71 | $1.72 | +0.6% | — | — | — |
| Q3 24 | $1.93 | $2.28 | +18.1% | — | — | — |
| Q2 24 | $1.15 | $1.66 | +44.3% | — | — | — |
| Q1 24 | $0.74 | $1.21 | +63.5% | — | — | — |
| Q4 23 | $0.73 | $0.89 | +21.9% | — | — | — |
| Q3 23 | $1.31 | $1.27 | -3.1% | — | — | — |
| Q2 23 | $0.67 | $0.73 | +9.0% | — | — | — |
| Q1 23 | $1.06 | $0.65 | -38.7% | — | — | — |
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 | — | $15.3 | — | — | $12.6B | — |
| FY24 | — | $14.7 | — | — | $11.3B | — |
| FY23 | — | $11.7 | — | — | $10B | — |
| FY22 | — | -$3.06 | — | — | $6.6B |
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 | $5.4B | $5.7B | $5.4B | $7.9B | $7.5B | $9.6B | $6.6B | $10B | $11.3B | $12.6B |
| YoY change | +5.97% | +5.19% | -5.67% | +46.6% | -4.9% | +27.7% | -31.8% | +52.6% | +13.2% | +11.4% |
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 | 5.4B | 5.7B | 5.4B | 7.9B | 7.5B | 9.6B | 6.6B | 10B | 11.3B | 12.6B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | 12M | 13M | 16M | 23M | 20M | 20M | 23M | 25M | 32M | 34M |
| Operating income | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 5M | 5M | 5M | 9M | 10M | 10M | 10M | 13M | 15M | 21M |
| Pretax income | 812M | 730M | 251M | 2.5B | 1.5B | 3.7B | -694M | 2.3B | 2.9B | 3B |
| Income tax | 221M | -315M | -36M | 475M | 283M | 730M | -207M | 433M | 566M | 587M |
| Net income | 591M | 1B | 287M | 2B | 1.2B | 3B | -487M | 1.8B | 2.3B | 2.4B |
| Net margin | 10.8% | 18.2% | 5.31% | 25.2% | 16.1% | 30.8% | -7.42% | 18.4% | 20.2% | 18.9% |
| EBITDA | — | — | — | — | — | — | — | — | — | — |
| EPS | 3.59 | 6.36 | 1.76 | 12.2 | 7.55 | 18.3 | -3.06 | 11.7 | 14.7 | 15.3 |
| Diluted EPS | 3.55 | 6.29 | 1.75 | 12.1 | 7.49 | 18.1 | -3.06 | 11.7 | 14.5 | 15.2 |
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 | 1.8B | 3.4B | 2.9B | 2.5B | 3.3B | 2.5B | 2.6B | 3.2B | 3.7B | 3.1B | 2.9B | — |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | 5M | 8M | 4M | 9M | 6M | 13M | 11M | 10M | 6M | 7M | 9M | — |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 3M | 5M | 3M | 4M | 3M | 5M | 4M | 5M | 6M | 6M | 6M | — |
| Pretax income | -148M | 1.5B | 953M | 386M | 1B | 479M | -128M | 855M | 1.4B | 840M | 326M | — |
| Income tax | -49M | 307M | 198M | 74M | 220M | 74M | -38M | 170M | 291M | 164M | 52M | — |
| Net income | -99M | 1.2B | 755M | 312M | 820M | 405M | -90M | 685M | 1.1B | 676M | 274M | — |
| Net margin | -5.47% | 35.3% | 25.7% | 12.3% | 24.7% | 16% | -3.51% | 21.1% | 30.1% | 21.9% | 9.57% | — |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | -0.63 | 7.54 | 4.82 | 1.99 | 5.25 | 2.59 | -0.57 | 4.38 | 7.19 | 4.34 | 1.77 | 8.14 |
| Diluted EPS | -0.63 | 7.5 | 4.78 | 1.98 | 5.2 | 2.56 | -0.57 | 4.34 | 7.11 | 4.29 | 1.75 | 8.05 |
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 | 12.5B | 12.3B | 12.6B | 17.2B | 14.1B | 18.4B | 16.3B | 16.2B | 22.5B | 25.5B | 27.5B |
| Enterprise value | 2.5B | 1.8B | 2B | 5.6B | 1.7B | 5.1B | 3.8B | 2.4B | 5.9B | 6.7B | 26.3B |
| Shares outstanding | 164.6M | 164.3M | 163.1M | 163.2M | 161.1M | 161.1M | 158.8M | 157M | 156.5M | 156.2M | 156.2M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 21.1 | 11.8 | 44 | 8.59 | 11.6 | 6.18 | — | 8.81 | 9.81 | 10.7 | 8.47 |
| P/S | 2.29 | 2.15 | 2.33 | 2.17 | 1.87 | 1.91 | 2.48 | 1.62 | 1.98 | 2.02 | 1.96 |
| P/B | 1.77 | 1.49 | 1.61 | 1.74 | 1.3 | 1.4 | 1.54 | 1.34 | 1.61 | 1.6 | 1.64 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | 6.02 |
| EV/Sales | 0.45 | 0.32 | 0.37 | 0.7 | 0.23 | 0.53 | 0.57 | 0.24 | 0.52 | 0.53 | 1.88 |
| Earnings yield | 4.74% | 8.48% | 2.27% | 11.6% | 8.64% | 16.2% | — | 11.3% | 10.2% | 9.38% | 11.8% |
| FCF yield | 8.84% | 8.41% | 9.2% | 6.9% | 10.5% | 10.7% | 12.5% | 12.5% | 11.7% | 12.1% | 10.9% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.1 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 37.2% |
| Net margin | 10.8% | 18.2% | 5.31% | 25.2% | 16.1% | 30.8% | -7.42% | 18.4% | 20.2% | 18.9% | 23.8% |
| ROE | 8.37% | 12.7% | 3.66% | 20.2% | 11.3% | 22.6% | -4.61% | 15.2% | 16.4% | 15% | 21.5% |
| ROA | — | — | — | — | — | — | — | — | 6.28% | 5.84% | 6.41% |
| Return on tangible assets | — | — | — | — | — | — | — | — | 6.28% | 5.84% | 6.69% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | — | — | — | — | — | — | 1.15 |
| Debt / equity | 0.12 | 0.1 | 0.11 | 0.09 | 0.08 | 0.07 | 0.08 | 0.07 | 0.06 | 0.06 | 0.05 |
| Debt / assets | — | — | — | — | — | — | — | — | 0.02 | 0.02 | 0.02 |
| Net debt / EBITDA | — | — | — | — | — | — | — | — | — | — | -0.23 |
| Interest coverage | 16.3 | 14.8 | 5.74 | 47.6 | 28.8 | 70.8 | -12.1 | 43.1 | 54.9 | 57.2 | 65.8 |
| Effective tax rate | 27.2% | 0% | 0% | 19.2% | 18.9% | 19.7% | 0% | 19% | 19.8% | 19.7% | 19.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 33.1 | 34.9 | 33.2 | 48.6 | 46.8 | 59.8 | 41.3 | 63.8 | 72.5 | 80.9 | 89.9 |
| EPS (basic) | 3.59 | 6.36 | 1.76 | 12.2 | 7.55 | 18.3 | -3.06 | 11.7 | 14.7 | 15.3 | 15.3 |
| EPS (diluted) | 3.55 | 6.29 | 1.75 | 12.1 | 7.49 | 18.1 | -3.06 | 11.7 | 14.5 | 15.2 | 21 |
| Book value per share | 42.9 | 50.2 | 48 | 60.5 | 67 | 81.4 | 66.5 | 77.1 | 89.1 | 101.9 | 108.7 |
| FCF per share | 6.69 | 6.31 | 7.12 | 7.26 | 9.13 | 12.2 | 12.8 | 13 | 16.8 | 19.8 | 21.9 |
| Cash per share | 66 | 69.1 | 70.4 | 76.4 | 82.2 | 87.9 | 84.3 | 93.6 | 111.6 | 126.1 | 12.3 |
| Capex per share | 0.08 | 0.1 | 0.12 | 0.15 | 0.12 | 0.09 | 0.09 | 0.11 | 0.14 | — | 0.12 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.24% | 0.28% | 0.37% | 0.3% | 0.27% | 0.16% | 0.23% | 0.18% | 0.19% | — | 0.15% |
| Capex / operating cash flow | 2.19% | 2.13% | 29% | 1.03% | 1.46% | 0.45% | -1.36% | 0.95% | 0.97% | — | 0.6% |
| Payout ratio | 51.8% | 38.3% | 117.1% | 17.8% | 30.8% | 13.3% | -86.9% | 24.6% | 21.4% | 21.9% | 17.1% |
| Dividend yield | 2.45% | 3.25% | 2.66% | 2.07% | 2.66% | 2.15% | 2.6% | 2.8% | 2.18% | 2.06% | 2.1% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Sep 23, 2026 | $0.94 |
| Jun 23, 2026 | $0.94 |
| Mar 24, 2026 | $0.94 |
| — |
| FY21 | — | $18.3 | — | — | $9.6B | — |
| FY20 | — | $7.55 | — | — | $7.5B | — |
| FY19 | — | $12.2 | — | — | $7.9B | — |
| FY18 | — | $1.76 | — | — | $5.4B | — |
| FY17 | — | $6.36 | — | — | $5.7B | — |
| FY16 | — | $3.59 | — | — | $5.4B | — |
| 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 | $1.8B | $3.4B | $2.9B | $2.5B | $3.3B | $2.5B | $2.6B | $3.2B | $3.7B | $3.1B | $2.9B | — |
| YoY change | +28.4% | +7.77% | +31% | -2.34% | +83.3% | -24.4% | -12.6% | +27.7% | +12.2% | +21.8% | +11.6% | — |
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 | 10.9B | 11.4B | 11.5B | 12.5B | 13.2B | 14.2B | 13.4B | 14.7B | 17.5B | 19.7B |
| Receivables | 2.1B | 2B | 2.1B | 2.4B | 2.4B | 2.6B | 3B | 3.2B | 3.5B | 3.8B |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | — | — | — | — | — | — | — | — | 36.5B | 41B |
| Accounts payable | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 20M | 24M | 32M | 39M | 54M | 54M | 50M | 25M | 25M | 25M |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 826M | 827M | 834M | 845M | 845M | 843M | 841M | 849M | 850M | 861M |
| Total liabilities | — | — | — | — | — | — | — | — | 22.6B | 25.1B |
| Shareholders' equity | 7.1B | 8.2B | 7.8B | 9.9B | 10.8B | 13.1B | 10.6B | 12.1B | 13.9B | 15.9B |
| Total debt | 846M | 851M | 866M | 884M | 899M | 897M | 891M | 874M | 875M | 886M |
| Net debt | 69M | 194M | 82M | 117M | -1M | -242M | -373M | -33M | -108M | -545M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 13.6B | 1.7B | 14.7B | 1.6B | 1.9B | 2.9B | 17.5B | 2.2B | 2.2B | 2.5B | 19.7B | 2.1B |
| Receivables | 3.4B | 3.4B | 3.2B | 3.4B | 3.6B | 3.6B | 3.5B | 4B | 4.2B | 4B | 3.8B | 3.9B |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | — | — | — | 33.7B | 34.8B | 37B | 36.5B | 37.3B | 38.8B | 40.6B | 41B | 41.2B |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 842M | 844M | 849M | 848M | 849M | 849M | 850M | 853M | 859M | 858M | 861M | 859M |
| Total liabilities | — | — | — | — | 22B | 23.2B | 22.6B | 23.6B | 24.5B | 25.2B | 25.1B | 25.5B |
| Shareholders' equity | 11B | 10.6B | 12.1B | 12.7B | 12.8B | 13.8B | 13.9B | 13.7B | 14.3B | 15.4B | 15.9B | 15.7B |
| Total debt | 867M | 869M | 874M | 873M | 874M | 874M | 875M | 878M | 884M | 883M | 886M | 884M |
| Net debt | 119M | -30M | -33M | 254M | 103M | -878M | -108M | -132M | -111M | -577M | -545M | -326M |
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 | 591M | 1B | 287M | 2B | 1.2B | 3B | -487M | 1.8B | 2.3B | 2.4B |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 23M | 26M | 28M | 30M | 31M | 33M | — | — | — | — |
| Change in working capital | -58M | 125M | -199M | -31M | -10M | -148M | -264M | -162M | -134M | -269M |
| Operating cash flow | 594M | 752M | 69M | 2.3B | 1.4B | 3.3B | -1.1B | 1.9B | 2.3B | 3.1B |
| Capital expenditure | -13M | -16M | -20M | -24M | -20M | -15M | -15M | -18M | -22M | — |
| Investing cash flow | -456M | -558M | -451M | -679M | -560M | -1.1B | -933M | -1.6B | -1.7B | -1.7B |
| Dividends paid | -306M | -400M | -336M | -355M | -375M | -395M | -423M | -454M | -490M | -525M |
| Share repurchases | -39M | -92M | -125M | -67M | -261M | -144M | -410M | -67M | -126M | -205M |
| Financing cash flow | -447M | -627M | -620M | -564M | -820M | -698M | -1B | -785M | -887M | -983M |
| Net change in cash | -309M | -433M | -1B | 1.1B | -7M | 1.6B | -3B | -489M | -308M | 458M |
| Free cash flow | 1.1B | 1B | 1.2B | 1.2B | 1.5B | 2B | 2B | 2B | 2.6B | 3.1B |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 534M | -99M | 1.2B | 755M | 312M | 820M | 405M | -90M | 685M | 1.1B | 676M | 274M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -135M | 170M | 245M | -427M | -159M | 318M | 134M | -718M | -225M | 428M | 246M | -262M |
| Operating cash flow | 480M | -35M | 1.6B | 465M | 166M | 1.2B | 457M | -804M | 549M | 1.1B | 947M | 656M |
| Capital expenditure | -4M | -2M | -8M | -7M | -5M | -6M | -4M | -3M | -4M | — | — | — |
| Investing cash flow | -558M | -318M | -370M | -355M | -385M | 251M | -1.2B | -58M | -556M | -398M | -666M | -491M |
| Dividends paid | -117M | -115M | -116M | -116M | -125M | -124M | -125M | -125M | -133M | -134M | -133M | -133M |
| Share repurchases | -41M | -1M | 0 | -75M | -46M | 0 | -5M | -42M | 0 | -60M | -103M | -179M |
| Financing cash flow | -200M | -182M | -201M | -289M | -206M | -185M | -207M | -229M | -202M | -248M | -304M | -389M |
| Net change in cash | -278M | -535M | 1.1B | -179M | -425M | 1.3B | -957M | -1.1B | -209M | 468M | -23M | -224M |
| Free cash flow | 571M | 648M | 569M | 346M | 737M | 906M | 638M | 307M | 737M | 1.1B | 939M | 654M |
| Dec 22, 2025 |
| $0.87 |
| Sep 22, 2025 | $0.87 |
| Jun 23, 2025 | $0.87 |
| Mar 24, 2025 | $0.87 |
| Dec 19, 2024 | $0.81 |
| Date | Ratio |
|---|---|
| Apr 4, 2005 | 105:100 |
| Apr 28, 2004 | 105:100 |
| May 18, 1998 | 3:1 |
| Mar 13, 1996 | 105:100 |
| Mar 13, 1995 | 105:100 |
| May 18, 1992 | 3:1 |
| Sep 2, 1987 | 105:100 |
| May 1, 1985 | 2:1 |