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 | -$0.19 | -$0.29 | -52.6% | — | $531M | — |
| Q1 26 | -$0.19 | -$0.11 | +42.1% | — | $723M | — |
| Q4 25 | -$0.02 | -$0.09 | -350.0% | — | $770M | — |
| Q3 25 | -$0.08 | -$0.09 | -12.5% | — | $767M | — |
| Q2 25 | -$0.19 | -$0.13 | +31.6% | — | $754M | — |
| Q1 25 | -$0.19 | -$0.13 | +31.6% | — | $751M | — |
| Q4 24 | -$0.09 | -$0.15 | -66.7% | — | $800M | — |
| Q3 24 | -$0.16 | -$0.14 | +12.5% | — | $807M | — |
| Q2 24 | -$0.26 | -$0.14 | +46.2% | — | $828M | — |
| Q1 24 | -$0.15 | $0.46 | +406.7% | — | $921M | — |
| Q4 23 | $0.04 | $0.03 | -25.0% | — | $953M | — |
| Q3 23 | $0.02 | -$0.09 | -550.0% | — | $932M | — |
| Q2 23 | $0.03 | -$0.04 | -233.3% | — | $915M | — |
| Q4 22 | $0.05 | $0.01 | -80.0% | — | $986M | — |
| Q3 22 | $0.08 | $0.09 | +12.5% | — | $977M | — |
| Q2 22 | $0.05 | $0.03 | -40.0% | — | $928M | — |
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 | — | -$1.14 | — | — | $3B | — |
| FY24 | — | $2.28 | — | — | $3.4B | — |
| FY23 | — | -$1.41 | — | — | $3.7B | — |
| FY22 | — | -$0.89 | — | — | $3.9B |
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 | $6.4B | $6B | $5.4B | $4.5B | $4.2B | $4.1B | $3.9B | $3.7B | $3.4B | $3B |
| YoY change | -3.81% | -6.02% | -10.4% | -17.2% | -6.81% | -0.55% | -6.81% | -3.53% | -9.83% | -9.36% |
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 | 6.4B | 6B | 5.4B | 4.5B | 4.2B | 4.1B | 3.9B | 3.7B | 3.4B | 3B |
| Cost of revenue | 5.2B | 4.7B | 4.2B | 3.5B | 3.2B | 3.1B | 3B | 2.9B | 2.7B | 2.5B |
| Gross profit | 1.2B | 1.3B | 1.2B | 973M | 954M | 1B | 840M | 834M | 626M | 552M |
| Gross margin | 19.3% | 21.5% | 22.5% | 21.8% | 22.9% | 24.2% | 21.8% | 22.4% | 18.7% | 18.1% |
| Research & development | 31M | 12M | 11M | 8M | 1M | 4M | 7M | 7M | 6M | 4M |
| Selling, general & administrative | 679M | 611M | 560M | 479M | 468M | 544M | 440M | 458M | 455M | 412M |
| Operating expenses | 710M | 623M | 571M | 487M | 469M | 548M | 447M | 465M | 461M | 416M |
| Operating income | -87M | 174M | 180M | 27M | 26M | 102M | 163M | 105M | -39M | -58M |
| Operating margin | -1.36% | 2.89% | 3.34% | 0.6% | 0.62% | 2.46% | 4.22% | 2.82% | -1.16% | -1.91% |
| Non-operating income, net | -1.1B | -53M | -463M | -2.1B | -105M | -73M | -213M | -344M | 618M | -61M |
| Pretax income | -1.2B | -16M | -395M | -2.1B | -139M | -25M | -127M | -332M | 504M | -160M |
| Income tax | -244M | -193M | 21M | -172M | -21M | 3M | 55M | -36M | 78M | 10M |
| Net income | -983M | 181M | -416M | -1.9B | -118M | -28M | -182M | -296M | 426M | -170M |
| Net margin | -15.3% | 3.01% | -7.71% | -43.3% | -2.83% | -0.68% | -4.72% | -7.95% | 12.7% | -5.59% |
| EBITDA | 546M | 676M | 635M | 496M | 484M | 448M | 394M | 372M | 178M | 128M |
| EPS | -4.85 | 0.84 | -2.06 | -9.29 | -0.61 | -0.18 | -0.89 | -1.41 | 2.28 | -1.14 |
| Diluted EPS | -4.85 | 0.83 | -2.06 | -9.29 | -0.61 | -0.18 | -0.89 | -1.41 | 2.23 | -1.14 |
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 | 932M | 953M | 921M | 828M | 807M | 800M | 751M | 754M | 767M | 770M | 723M | 531M |
| Cost of revenue | 724M | 740M | 735M | 677M | 656M | 662M | 618M | 617M | 631M | 624M | 587M | 435M |
| Gross profit | 208M | 213M | 186M | 151M | 151M | 138M | 133M | 137M | 136M | 146M | 136M | 96M |
| Gross margin | 22.3% | 22.4% | 20.2% | 18.2% | 18.7% | 17.3% | 17.7% | 18.2% | 17.7% | 19% | 18.8% | 18.1% |
| Research & development | 2M | 2M | 2M | 1M | 1M | 2M | 1M | 1M | 1M | 1M | 1M | 0 |
| Selling, general & administrative | 115M | 114M | 116M | 115M | 115M | 109M | 120M | 100M | 96M | 96M | 91M | 80M |
| Operating expenses | 115M | 116M | 116M | 116M | 114M | 111M | 120M | 103M | 100M | 97M | 93M | 80M |
| Operating income | 12M | 32M | 8M | -16M | -7M | -24M | -35M | -14M | -12M | 3M | -4M | -21M |
| Operating margin | 1.29% | 3.36% | 0.87% | -1.93% | -0.87% | -3% | -4.66% | -1.86% | -1.56% | 0.39% | -0.55% | -3.95% |
| Non-operating income, net | -297M | -25M | 146M | 335M | 182M | -45M | -9M | -12M | -14M | -26M | -11M | -23M |
| Pretax income | -313M | -4M | 127M | 300M | 159M | -82M | -56M | -38M | -38M | -28M | -27M | -57M |
| Income tax | -24M | -10M | 28M | 84M | 36M | -70M | -5M | 2M | 8M | 5M | 6M | 12M |
| Net income | -289M | 6M | 99M | 216M | 123M | -12M | -51M | -40M | -46M | -33M | -33M | -116M |
| Net margin | -31% | 0.63% | 10.7% | 26.1% | 15.2% | -1.5% | -6.79% | -5.31% | -6% | -4.29% | -4.56% | -21.8% |
| EBITDA | 93M | 97M | 70M | 35M | 37M | 36M | 13M | 34M | 36M | 45M | 43M | 22M |
| EPS | -1.34 | 0.02 | 0.46 | 1.1 | 0.75 | -0.09 | -0.33 | -0.26 | -0.3 | -0.23 | -0.23 | -0.76 |
| Diluted EPS | -1.34 | 0.02 | 0.46 | 1.07 | 0.72 | -0.09 | -0.33 | -0.26 | -0.3 | -0.23 | -0.23 | -0.76 |
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 | 3B | 3.3B | 2.2B | 1.3B | 928.5M | — | — | 791.2M | — | — | 244.2M |
| Enterprise value | 4.6B | 4.7B | 3B | 2.6B | 2.3B | — | — | 1.8B | — | — | 1B |
| Shares outstanding | 202.7M | 204M | 206M | 208.2M | 193.4M | 155.6M | 204.5M | 216.8M | 182.5M | 158.4M | 158.4M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | 18.2 | — | — | — | — | — | — | — | — | 17.8 |
| P/S | 0.47 | 0.55 | 0.41 | 0.29 | 0.22 | — | — | 0.21 | — | — | 0.08 |
| P/B | 0.92 | 0.93 | 0.68 | 0.99 | 0.78 | — | — | 1.25 | — | — | 0.46 |
| EV/EBITDA | 8.37 | 6.95 | 4.73 | 5.3 | 4.7 | — | — | 4.8 | — | — | 13.4 |
| EV/Sales | 0.71 | 0.78 | 0.56 | 0.59 | 0.55 | — | — | 0.48 | — | — | 0.35 |
| Earnings yield | — | 5.49% | — | — | — | — | — | — | — | — | 5.62% |
| FCF yield | -3.08% | 5.1% | 2.69% | -6.43% | 2.37% | — | — | -0.51% | — | — | 39.3% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.09 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 19.3% | 21.5% | 22.5% | 21.8% | 22.9% | 24.2% | 21.8% | 22.4% | 18.7% | 18.1% | 18.1% |
| Operating margin | -1.36% | 2.89% | 3.34% | 0.6% | 0.62% | 2.46% | 4.22% | 2.82% | -1.16% | -1.91% | -3.96% |
| Net margin | -15.3% | 3.01% | -7.71% | -43.3% | -2.83% | -0.68% | -4.72% | -7.95% | 12.7% | -5.59% | -7.76% |
| ROE | -29.9% | 5.13% | -12.9% | -148.8% | -9.92% | -2.47% | -19.8% | -46.8% | 50.5% | -24.8% | -20.5% |
| ROA | -12.8% | 2.4% | -6.23% | -42.8% | -2.77% | -0.69% | -5.1% | -9.36% | 16.4% | -7.09% | -1.24% |
| ROIC | -1.8% | 3.53% | 4.46% | 1.02% | 1.02% | 4.28% | 8.74% | 6.45% | -2.52% | -4.49% | -2.99% |
| Return on tangible assets | 41.7% | -14.8% | 24.2% | -695.7% | -33.1% | -3.97% | -18.5% | -22.3% | 42.8% | -20.6% | -29.6% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.37 | 1.98 | 1.64 | 1.35 | 1.44 | 1.64 | 1.76 | 1.91 | 1.68 | 1.57 | 1.55 |
| Quick ratio | 1.34 | 1.98 | 1.64 | 1.35 | 1.44 | 1.64 | 1.76 | 1.91 | 1.68 | 1.57 | 1.55 |
| Debt / equity | 0.59 | 0.58 | 0.49 | 1.41 | 1.51 | 1.47 | 1.67 | 2.36 | 0.98 | 1.23 | 1.27 |
| Debt / assets | 0.25 | 0.27 | 0.23 | 0.41 | 0.42 | 0.41 | 0.43 | 0.47 | 0.32 | 0.35 | 0.37 |
| Net debt / EBITDA | 2.84 | 2.08 | 1.28 | 2.7 | 2.79 | 2.8 | 2.4 | 2.67 | 2.6 | 4.75 | 4.19 |
| Interest coverage | -29.7 | 0.88 | -2.53 | -26 | -1.32 | 0.55 | -0.51 | -1.99 | 7.72 | -2.33 | -2.06 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 15.5% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 31.6 | 29.5 | 26.2 | 21.5 | 21.5 | 26.6 | 18.9 | 17.2 | 18.4 | 19.2 | 18.9 |
| EPS (basic) | -4.85 | 0.84 | -2.06 | -9.29 | -0.61 | -0.18 | -0.89 | -1.41 | 2.28 | -1.14 | -1.14 |
| EPS (diluted) | -4.85 | 0.83 | -2.06 | -9.29 | -0.61 | -0.18 | -0.89 | -1.41 | 2.23 | -1.14 | -1.13 |
| Book value per share | 16.2 | 17.3 | 15.6 | 6.24 | 6.15 | 7.28 | 4.48 | 2.92 | 4.62 | 4.32 | 3.38 |
| FCF per share | -0.46 | 0.82 | 0.29 | -0.4 | 0.11 | 0.62 | -0.04 | -0.02 | -0.58 | -0.97 | -0.47 |
| Cash per share | 1.92 | 3.23 | 3.67 | 2.38 | 2.33 | 2.67 | 2.85 | 2.3 | 2.01 | 1.47 | 1.47 |
| Capex per share | 0.74 | 0.31 | 0.81 | 0.7 | 0.39 | 0.51 | 0.45 | 0.24 | 0.15 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.33% | 1.05% | 3.08% | 3.27% | 1.83% | 1.93% | 2.38% | 1.37% | 0.83% | — | — |
| Capex / operating cash flow | -17.8% | 17.8% | 93.8% | -7.99% | 48.7% | 41.5% | -187.8% | -25.8% | 4.29% | — | — |
| Payout ratio | 0% | 5.52% | -2.4% | -0.52% | -8.47% | -35.7% | -5.49% | -3.38% | 2.35% | -5.88% | 0% |
| Dividend yield | 0% | 0.3% | 0.46% | 0.77% | 1.08% | — | — | 1.26% | — | — | — |
| — |
| FY21 | — | -$0.18 | — | — | $4.1B | — |
| FY20 | — | -$0.61 | — | — | $4.2B | — |
| FY19 | — | -$9.29 | — | — | $4.5B | — |
| FY18 | — | -$2.06 | — | — | $5.4B | — |
| FY17 | — | $0.84 | — | — | $6B | — |
| FY16 | — | -$4.85 | — | — | $6.4B | — |
| 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 | $932M | $953M | $921M | $828M | $807M | $800M | $751M | $754M | $767M | $770M | $723M | $531M |
| YoY change | -4.61% | -3.35% | -0.11% | -9.51% | -13.4% | -16.1% | -18.5% | -8.94% | -4.96% | -3.75% | -3.73% | -29.6% |
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 | 390M | 658M | 756M | 496M | 450M | 415M | 582M | 498M | 366M | 233M |
| Receivables | 1B | 1.1B | 782M | 652M | 670M | 699M | 630M | 559M | 493M | 500M |
| Inventory | 41M | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.9B | 2.7B | 2B | 1.6B | 1.6B | 1.7B | 1.6B | 1.7B | 1.3B | 1.1B |
| Property, plant & equipment | 263M | 240M | 321M | 606M | 544M | 505M | 456M | 382M | 330M | 312M |
| Goodwill & intangibles | 10.1B | 8.8B | 8.4B | 4.2B | 3.9B | 3.3B | 2.6B | 1.8B | 1.6B | 1.6B |
| Total assets | 7.7B | 7.5B | 6.7B | 4.5B | 4.3B | 4B | 3.6B | 3.2B | 2.6B | 2.4B |
| Accounts payable | 164M | 118M | 230M | 198M | 182M | 198M | 228M | 174M | 157M | 142M |
| Short-term debt | 28M | 82M | 55M | 141M | 171M | 101M | 92M | 88M | 76M | 74M |
| Total current liabilities | 1.4B | 1.4B | 1.2B | 1.2B | 1.1B | 1B | 923M | 868M | 744M | 681M |
| Long-term debt | 1.9B | 2B | 1.5B | 1.7B | 1.6B | 1.6B | 1.4B | 1.4B | 753M | 767M |
| Total liabilities | 4.4B | 4B | 3.5B | 3.2B | 3.1B | 2.9B | 2.7B | 2.5B | 1.8B | 1.7B |
| Shareholders' equity | 3.3B | 3.5B | 3.2B | 1.3B | 1.2B | 1.1B | 917M | 633M | 843M | 685M |
| Total debt | 1.9B | 2.1B | 1.6B | 1.8B | 1.8B | 1.7B | 1.5B | 1.5B | 829M | 841M |
| Net debt | 1.6B | 1.4B | 811M | 1.3B | 1.3B | 1.3B | 947M | 995M | 463M | 608M |
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 | 451M | 498M | 415M | 300M | 393M | 366M | 277M | 275M | 248M | 233M | 228M | 228M |
| Receivables | 612M | 559M | 600M | 518M | 528M | 493M | 480M | 458M | 488M | 500M | 499M | 337M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.5B | 1.7B | 1.6B | 1.4B | 1.4B | 1.3B | 1.2B | 1.1B | 1.2B | 1.1B | 1.1B | 1.1B |
| Property, plant & equipment | 443M | 382M | 374M | 354M | 348M | 330M | 343M | 341M | 336M | 312M | 314M | 262M |
| Goodwill & intangibles | 1.9B | 1.8B | 1.8B | 1.7B | 1.7B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.5B | 1.5B |
| Total assets | 3.1B | 3.2B | 3.1B | 2.8B | 2.8B | 2.6B | 2.5B | 2.5B | 2.5B | 2.4B | 2.4B | 2.2B |
| Accounts payable | 166M | 174M | 167M | 136M | 133M | 157M | 155M | 126M | 135M | 142M | 133M | 95M |
| Short-term debt | 96M | 88M | 87M | 84M | 78M | 76M | 77M | 79M | 68M | 74M | 73M | 60M |
| Total current liabilities | 805M | 868M | 849M | 819M | 827M | 744M | 723M | 697M | 702M | 681M | 685M | 707M |
| Long-term debt | 1.4B | 1.4B | 1.2B | 933M | 859M | 753M | 759M | 755M | 814M | 767M | 806M | 780M |
| Total liabilities | 2.5B | 2.5B | 2.4B | 2B | 2B | 1.8B | 1.7B | 1.7B | 1.8B | 1.7B | 1.8B | 1.7B |
| Shareholders' equity | 620M | 633M | 705M | 755M | 881M | 843M | 804M | 777M | 717M | 685M | 641M | 526M |
| Total debt | 1.5B | 1.5B | 1.3B | 1B | 937M | 829M | 836M | 834M | 882M | 841M | 879M | 840M |
| Net debt | 1.1B | 995M | 910M | 717M | 544M | 463M | 559M | 559M | 634M | 608M | 651M | 612M |
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 | -983M | 181M | -416M | -1.9B | -118M | -28M | -182M | -296M | 426M | -170M |
| Depreciation & amortization | 611M | 495M | 460M | 459M | 459M | 352M | 230M | 264M | 204M | 194M |
| Stock-based compensation | 23M | 40M | 38M | 24M | 20M | 21M | 21M | 19M | 19M | 19M |
| Change in working capital | -323M | -129M | 160M | -166M | -193M | -138M | -134M | -138M | 2M | -89M |
| Operating cash flow | -835M | 353M | 177M | -1.8B | 156M | 193M | -49M | -198M | 652M | -73M |
| Capital expenditure | -149M | -63M | -166M | -146M | -76M | -80M | -92M | -51M | -28M | — |
| Investing cash flow | 55M | 110M | 506M | -243M | -71M | -75M | 234M | -51M | 823M | 53M |
| Dividends paid | 0 | -10M | -10M | -10M | -10M | -10M | -10M | -10M | -10M | -10M |
| Share repurchases | — | — | — | — | — | 0 | 0 | -27M | -182M | -25M |
| Financing cash flow | 150M | -124M | -637M | -85M | -224M | -32M | -131M | -81M | -877M | -39M |
| Net change in cash | -630M | 339M | 46M | -2.2B | -139M | 86M | 54M | -330M | 598M | -59M |
| Free cash flow | -93M | 168M | 59M | -83M | 22M | 96M | -9M | -4M | -106M | -154M |
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 | -289M | 6M | 99M | 216M | 123M | -12M | -51M | -40M | -46M | -33M | -33M | -116M |
| Depreciation & amortization | 81M | 65M | 62M | 51M | 44M | 47M | 48M | 48M | 48M | 50M | 47M | 43M |
| Stock-based compensation | 5M | 6M | 3M | 5M | 6M | 5M | 3M | 5M | 5M | 6M | 0 | 2M |
| Change in working capital | -101M | 72M | -54M | 65M | -11M | -8M | -50M | -2M | -72M | 29M | -21M | 68M |
| Operating cash flow | -311M | 119M | 125M | 343M | 169M | 5M | -58M | -15M | -39M | 39M | -8M | 7M |
| Capital expenditure | -13M | -18M | -13M | -18M | -8M | 11M | -14M | — | — | — | — | — |
| Investing cash flow | -13M | -18M | 151M | 417M | 216M | 39M | -13M | 52M | 0 | 0 | 0 | 3M |
| Dividends paid | -2M | -3M | -2M | -3M | -2M | -3M | -2M | -3M | -2M | -3M | 0 | -2M |
| Share repurchases | -6M | -20M | -17M | -151M | -14M | 0 | 0 | -7M | -13M | -5M | — | — |
| Financing cash flow | -16M | -33M | -199M | -482M | -150M | -96M | -10M | -13M | -229M | 220M | 30M | -7M |
| Net change in cash | -340M | 68M | 77M | 278M | 235M | -52M | -81M | 24M | -268M | 259M | 22M | 3M |
| Free cash flow | -33M | 93M | -58M | -66M | -29M | 47M | -76M | -35M | -60M | 17M | -22M | -8M |