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 | $6.86 | $7.27 | +6.0% | — | $783.3M | — |
| Q1 26 | $6.86 | $5.82 | -15.2% | — | $781.5M | — |
| Q3 25 | $6.96 | $7.16 | +2.9% | — | $799.5M | — |
| Q2 25 | $7.3 | $6.41 | -12.2% | — | $798.6M | — |
| Q1 25 | $6.54 | $6.63 | +1.4% | — | $794.4M | — |
| Q4 24 | $6.84 | $6.19 | -9.5% | — | $735.9M | — |
| Q3 24 | $7.12 | $7.07 | -0.7% | — | $748.9M | — |
| Q2 24 | $6.41 | $5.85 | -8.7% | — | $714.9M | — |
| Q1 24 | $5.59 | $6.17 | +10.4% | — | $677.7M | — |
| Q4 23 | $4.19 | $4.36 | +4.1% | — | $614.7M | — |
| Q3 23 | $5.04 | $5.38 | +6.7% | — | $609.4M | — |
| Q2 23 | $4.78 | $5.24 | +9.6% | — | $596.5M | — |
| Q1 23 | $4.71 | $4.86 | +3.2% | — | $506.9M | — |
| Q4 22 | $5.21 | $3.64 | -30.1% | — | $491.5M | — |
| Q3 22 | $3.77 | $4.91 | +30.2% | — | $516M | — |
| Q2 22 | $4.54 | $3.46 | -23.8% | — | $466.9M | — |
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 | — | $30.1 | — | — | $3.2B | — |
| FY24 | — | $26.4 | — | — | $2.9B | — |
| FY23 | — | $21 | — | — | $2.3B | — |
| FY22 | — | $16 | — | — | $1.9B |
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 | $1.6B | $1.7B | $1.6B | $1.4B | $1.5B | $1.7B | $1.9B | $2.3B | $2.9B | $3.2B |
| YoY change | +9.07% | +7.91% | -5.65% | -11% | +2.38% | +13.6% | +14.9% | +20.2% | +23.6% | +10.6% |
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 | 1.6B | 1.7B | 1.6B | 1.4B | 1.5B | 1.7B | 1.9B | 2.3B | 2.9B | 3.2B |
| Cost of revenue | 72.7M | 105.7M | 198.7M | 117.6M | 108.1M | 122.5M | 151.6M | 257.5M | 309.7M | 384.4M |
| Gross profit | 1.5B | 1.6B | 1.4B | 1.3B | 1.4B | 1.6B | 1.8B | 2.1B | 2.6B | 2.8B |
| Gross margin | 95.5% | 93.9% | 87.8% | 91.9% | 92.7% | 92.7% | 92.2% | 88.9% | 89.2% | 87.9% |
| Research & development | 147.6M | 264.6M | 357.9M | 1.2B | 357.7M | 540.1M | 322.9M | 408M | 481M | 550M |
| Selling, general & administrative | 316.8M | 330.1M | 265.8M | 336.2M | 423.9M | 467M | 482.1M | 477.1M | 638.6M | 731.1M |
| Operating expenses | 464.4M | 804.7M | 623.7M | 1.5B | 781.6M | 1B | 805M | 885.1M | 1.1B | 1.3B |
| Operating income | 1.1B | 1B | 805.4M | -187.6M | 593.6M | 555.9M | 979.7M | 1.2B | 1.4B | 1.5B |
| Operating margin | 66.4% | 59.4% | 49.5% | -12.9% | 40% | 33% | 50.6% | 50.9% | 50.3% | 47.7% |
| Non-operating income, net | -1.1M | -257.3M | -61.2M | 22.6M | 40.2M | 39.9M | -41.9M | -14M | -65.3M | 24.2M |
| Pretax income | 1.1B | 769.5M | 758.9M | -165M | 638.9M | 593.9M | 950.6M | 1.3B | 1.5B | 1.7B |
| Income tax | 346.5M | 351.6M | 169.7M | -60.5M | 124.1M | 118.1M | 223.3M | 289.5M | 343.9M | 379.2M |
| Net income | 713.7M | 417.9M | 589.2M | -104.5M | 514.8M | 475.8M | 727.3M | 984.8M | 1.2B | 1.3B |
| Net margin | 44.6% | 24.2% | 36.2% | -7.21% | 34.7% | 28.2% | 37.6% | 42.3% | 41.5% | 41.9% |
| EBITDA | 1.1B | 1.1B | 862.2M | -74.9M | 721.4M | 664.7M | 1B | 1.4B | 1.7B | 1.8B |
| EPS | 16.3 | 9.5 | 13.5 | -2.39 | 11.7 | 10.6 | 16 | 21 | 26.4 | 30.1 |
| Diluted EPS | 15.3 | 9.31 | 13.4 | -2.39 | 11.5 | 10.1 | 15 | 19.8 | 24.6 | 27.9 |
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 | 609.4M | 614.7M | 677.7M | 714.9M | 748.9M | 735.9M | 794.4M | 798.6M | 799.5M | 790.2M | 781.5M | 783.3M |
| Cost of revenue | 70.1M | 71M | 72.9M | 77.8M | 83.1M | 75.9M | 92.5M | 87.6M | 100.9M | 103.4M | 133.4M | 99.5M |
| Gross profit | 539.3M | 543.7M | 604.8M | 637.1M | 665.8M | 660M | 701.9M | 711M | 698.6M | 686.8M | 648.1M | 683.8M |
| Gross margin | 88.5% | 88.4% | 89.2% | 89.1% | 88.9% | 89.7% | 88.4% | 89% | 87.4% | 86.9% | 82.9% | 87.3% |
| Research & development | 84.7M | 151.4M | 104.1M | 139.6M | 103.5M | 133.8M | 149M | 134M | 127.5M | 139.5M | 138.2M | 146.3M |
| Selling, general & administrative | 127.6M | 132.2M | 144.4M | 177.6M | 154.1M | 162.5M | 170.1M | 190.8M | 181.8M | 189.8M | 184.1M | 206.7M |
| Operating expenses | 212.3M | 283.6M | 248.5M | 317.2M | 257.6M | 296.3M | 319.1M | 324.8M | 309.3M | 329.3M | 322.3M | 353M |
| Operating income | 327M | 260.1M | 356.3M | 319.9M | 408.2M | 363.7M | 382.8M | 386.2M | 389.3M | 357.5M | 325.8M | 330.8M |
| Operating margin | 53.7% | 42.3% | 52.6% | 44.7% | 54.5% | 49.4% | 48.2% | 48.4% | 48.7% | 45.2% | 41.7% | 42.2% |
| Non-operating income, net | -4.9M | -600K | 1.8M | 800K | -59.3M | -8.6M | -4.3M | -21.8M | 5.3M | 46.4M | -46.3M | 13.3M |
| Pretax income | 351.8M | 295.4M | 398.6M | 355.3M | 388.6M | 396.5M | 423.5M | 408.4M | 438M | 444M | 318.3M | 372.7M |
| Income tax | 84.2M | 78.3M | 92M | 77.2M | 79.5M | 95.2M | 101.3M | 98.9M | 99.3M | 79.7M | 43.4M | 39.7M |
| Net income | 267.6M | 217.1M | 306.6M | 278.1M | 309.1M | 301.3M | 322.2M | 309.5M | 338.7M | 364.3M | 274.9M | 333M |
| Net margin | 43.9% | 35.3% | 45.2% | 38.9% | 41.3% | 40.9% | 40.6% | 38.8% | 42.4% | 46.1% | 35.2% | 42.5% |
| EBITDA | 380.7M | 324.2M | 426.9M | 385.6M | 482.9M | 430.1M | 449.4M | 458.5M | 463.7M | 470.7M | 343.9M | 399.8M |
| EPS | 5.71 | 4.62 | 6.52 | 6.26 | 6.93 | 6.74 | 7.18 | 6.86 | 7.73 | 8.41 | 6.32 | 7.82 |
| Diluted EPS | 5.38 | 4.36 | 6.17 | 5.85 | 6.39 | 6.19 | 6.63 | 6.41 | 7.16 | 7.7 | 5.82 | 7.27 |
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 | 6.3B | 6.5B | 4.7B | 3.9B | 6.7B | 9.7B | 12.7B | 10.3B | 15.9B | 21.6B | 20.8B |
| Enterprise value | 5.2B | 5.8B | 3.6B | 3.2B | 5.7B | 8.6B | 10.6B | 8B | 13B | 18.7B | 18.2B |
| Shares outstanding | 43.8M | 44M | 43.5M | 43.8M | 44.2M | 44.9M | 45.5M | 46.8M | 45.2M | 44.3M | 44.3M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 8.8 | 15.6 | 8.04 | — | 13 | 20.4 | 17.4 | 10.4 | 13.3 | 16.2 | 17.4 |
| P/S | 3.93 | 3.77 | 2.91 | 2.66 | 4.52 | 5.76 | 6.53 | 4.42 | 5.54 | 6.78 | 6.6 |
| P/B | 3.37 | 3.07 | 1.69 | 1.39 | 1.98 | 2.45 | 2.64 | 1.72 | 2.47 | 3.04 | 3.24 |
| EV/EBITDA | 4.77 | 5.46 | 4.14 | -43 | 7.87 | 12.9 | 10.2 | 5.77 | 7.52 | 10.1 | 12.1 |
| EV/Sales | 3.27 | 3.38 | 2.19 | 2.22 | 3.83 | 5.09 | 5.48 | 3.44 | 4.51 | 5.86 | 5.76 |
| Earnings yield | 11.4% | 6.42% | 12.4% | — | 7.67% | 4.9% | 5.75% | 9.57% | 7.49% | 6.18% | 5.75% |
| FCF yield | 9.64% | 5.96% | 12.5% | -7.52% | 10.4% | 4.92% | 5.25% | 7.26% | 6.78% | 4.8% | 2.68% |
| PEG | — | — | — | — | — | — | — | — | — | — | 1.24 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 95.5% | 93.9% | 87.8% | 91.9% | 92.7% | 92.7% | 92.2% | 88.9% | 89.2% | 87.9% | 87.3% |
| Operating margin | 66.4% | 59.4% | 49.5% | -12.9% | 40% | 33% | 50.6% | 50.9% | 50.3% | 47.7% | 42.2% |
| Net margin | 44.6% | 24.2% | 36.2% | -7.21% | 34.7% | 28.2% | 37.6% | 42.3% | 41.5% | 41.9% | 41.6% |
| ROE | 38.3% | 19.7% | 21% | -3.76% | 15.2% | 12% | 15.2% | 16.5% | 18.5% | 18.8% | 19.3% |
| ROA | 30.7% | 14.5% | 17.3% | -2.67% | 11.2% | 9.2% | 12% | 13.7% | 16.2% | 16.9% | 11.6% |
| ROIC | 88.1% | 38.6% | 38.1% | -8.75% | 20.3% | 15.7% | 27.2% | 24.8% | 32.3% | 28.3% | 31.3% |
| Return on tangible assets | 31.6% | 15% | 19.3% | -2.91% | 12% | 9.37% | 12.2% | 14.2% | 16.7% | 17.5% | 18.4% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 4.29 | 3.26 | 6.39 | 4.03 | 6.7 | 7.61 | 9.85 | 4.41 | 5.25 | 6.6 | 5.73 |
| Quick ratio | 3.98 | 3.01 | 6.03 | 3.83 | 6.44 | 7.3 | 9.55 | 4.28 | 5.03 | 6.28 | 5.41 |
| Debt / equity | — | 0.12 | 0.09 | 0.31 | 0.24 | 0.2 | 0.17 | 0.12 | 0.05 | — | 0 |
| Debt / assets | — | 0.09 | 0.07 | 0.22 | 0.17 | 0.15 | 0.13 | 0.1 | 0.04 | — | — |
| Net debt / EBITDA | — | -0.63 | -1.35 | 8.49 | -1.43 | -1.7 | -1.97 | -1.65 | -1.72 | — | -1.59 |
| Interest coverage | 272.8 | 86.5 | 55.6 | -2.73 | 28.2 | 32.9 | 30.3 | 22.5 | 36.9 | 88.9 | 132.1 |
| Effective tax rate | 32.7% | 45.7% | 22.4% | 0% | 19.4% | 19.9% | 23.5% | 22.7% | 22.3% | 22.1% | 16.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 36.5 | 39.2 | 37.4 | 33.1 | 33.6 | 37.5 | 42.6 | 49.7 | 63.7 | 71.8 | 72.9 |
| EPS (basic) | 16.3 | 9.5 | 13.5 | -2.39 | 11.7 | 10.6 | 16 | 21 | 26.4 | 30.1 | 30.1 |
| EPS (diluted) | 15.3 | 9.31 | 13.4 | -2.39 | 11.5 | 10.1 | 15 | 19.8 | 24.6 | 27.9 | 27.9 |
| Book value per share | 42.5 | 48.2 | 64.5 | 63.5 | 76.8 | 88.2 | 105.4 | 127.9 | 142.6 | 160.2 | 150 |
| FCF per share | 13.8 | 8.82 | 13.7 | -6.63 | 15.8 | 10.6 | 14.6 | 16 | 23.9 | 23.4 | 23.7 |
| Cash per share | 24 | 21.1 | 32.5 | 33.9 | 41.5 | 43 | 62.4 | 64 | 72.3 | 65.9 | 62.1 |
| Capex per share | 0.87 | 1.77 | 4.24 | 1.91 | 1.29 | 2.69 | 3.05 | 4.92 | 5.45 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.38% | 4.52% | 11.3% | 5.78% | 3.84% | 7.17% | 7.17% | 9.9% | 8.57% | — | — |
| Capex / operating cash flow | 5.85% | 18.4% | 25.1% | -40.8% | 8.06% | 21.3% | 18.5% | 25.1% | 19.2% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | $10.6 | — | — | $1.7B | — |
| FY20 | — | $11.7 | — | — | $1.5B | — |
| FY19 | — | -$2.39 | — | — | $1.4B | — |
| FY18 | — | $13.5 | — | — | $1.6B | — |
| FY17 | — | $9.5 | — | — | $1.7B | — |
| FY16 | — | $16.3 | — | — | $1.6B | — |
| 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 | $609.4M | $614.7M | $677.7M | $714.9M | $748.9M | $735.9M | $794.4M | $798.6M | $799.5M | $790.2M | $781.5M | $783.3M |
| YoY change | +18.1% | +25.1% | +33.7% | +19.8% | +22.9% | +19.7% | +17.2% | +11.7% | +6.76% | +7.38% | -1.62% | -1.92% |
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 | 1.1B | 927.4M | 1.4B | 1.5B | 1.8B | 1.9B | 2.8B | 3B | 3.3B | 2.9B |
| Receivables | 214.5M | 297.1M | 175.7M | 151.4M | 157.4M | 198.7M | 220.4M | 278.9M | 279.3M | 350.2M |
| Inventory | 100M | 107.9M | 101M | 93.4M | 86.5M | 93.8M | 102M | 111.8M | 157.9M | 183.1M |
| Total current assets | 1.4B | 1.4B | 1.8B | 1.9B | 2.2B | 2.3B | 3.4B | 3.6B | 3.9B | 3.7B |
| Property, plant & equipment | 79.4M | 137.7M | 166.4M | 165.2M | 138M | 168.2M | 224.8M | 360.1M | 358.6M | 785M |
| Goodwill & intangibles | 67.6M | 91.2M | 341.6M | 316.6M | 316.2M | 89.2M | 89M | 228.4M | 223.8M | 233M |
| Total assets | 2.3B | 2.9B | 3.4B | 3.9B | 4.6B | 5.2B | 6B | 7.2B | 7.4B | 7.9B |
| Accounts payable | 8.1M | 8.4M | 23.1M | 9.9M | 4.1M | 3.8M | 4.1M | 5.6M | 6M | 7.1M |
| Short-term debt | — | — | — | 250M | — | — | — | 400M | 300M | — |
| Total current liabilities | 332.5M | 444.7M | 276.6M | 463M | 323.3M | 305.4M | 343.2M | 804.4M | 738.1M | 560.6M |
| Long-term debt | — | 250M | 250M | 600M | 800M | 800M | 800M | 300M | — | — |
| Total liabilities | 463.4M | 758.4M | 593.2M | 1.1B | 1.2B | 1.2B | 1.2B | 1.2B | 920M | 783.8M |
| Shareholders' equity | 1.9B | 2.1B | 2.8B | 2.8B | 3.4B | 4B | 4.8B | 6B | 6.4B | 7.1B |
| Total debt | — | 250M | 250M | 850M | 800M | 800M | 800M | 700M | 300M | — |
| Net debt | — | -455.1M | -419.2M | 111.6M | 61.3M | -94.8M | -161.2M | -507.7M | -1.4B | — |
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 | 2.9B | 3B | 2.7B | 3B | 3.3B | 3.3B | 3.3B | 3B | 2.8B | 2.9B | 2.2B | 2.7B |
| Receivables | 258.6M | 278.9M | 307.3M | 290.7M | 341.8M | 279.3M | 322M | 379.3M | 297.7M | 350.2M | 312M | 310.3M |
| Inventory | 104.3M | 111.8M | 120.2M | 136.5M | 146.7M | 157.9M | 165.4M | 169.2M | 176.5M | 183.1M | 178.3M | 193.8M |
| Total current assets | 3.5B | 3.6B | 3.2B | 3.6B | 4B | 3.9B | 3.9B | 3.8B | 3.5B | 3.7B | 2.9B | 3.5B |
| Property, plant & equipment | 320.7M | 360.1M | 236.9M | 243.1M | 304.3M | 358.6M | 433.4M | 473.5M | 638.6M | 785M | 891M | 975M |
| Goodwill & intangibles | 44.4M | 228.4M | 115.4M | 115.2M | 112.1M | 223.8M | 111.7M | 111.5M | 116.7M | 233M | 115.5M | 114.1M |
| Total assets | 7B | 7.2B | 6.5B | 6.7B | 7.1B | 7.4B | 7.7B | 7.9B | 7.4B | 7.9B | 6.7B | 7.2B |
| Accounts payable | — | 5.6M | — | — | — | 6M | — | — | — | 7.1M | — | — |
| Short-term debt | 300M | 400M | 400M | 400M | 400M | 300M | 200M | — | — | — | — | — |
| Total current liabilities | 744.1M | 804.4M | 860.6M | 832.3M | 873.4M | 738.1M | 721.5M | 527.1M | 546.3M | 560.6M | 599.1M | 607.8M |
| Long-term debt | 500M | 300M | 200M | 100M | — | — | — | — | — | — | — | — |
| Total liabilities | 1.3B | 1.2B | 1.2B | 1B | 1B | 920M | 936.7M | 734.4M | 760.9M | 783.8M | 813.1M | 819.8M |
| Shareholders' equity | 5.7B | 6B | 5.3B | 5.7B | 6.1B | 6.4B | 6.8B | 7.2B | 6.6B | 7.1B | 5.9B | 6.4B |
| Total debt | 800M | 700M | 600M | 500M | 400M | 300M | 200M | — | — | — | — | — |
| Net debt | -307.7M | -507.7M | -651.5M | -855.7M | -1.2B | -1.4B | -1.7B | — | — | — | — | — |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 713.7M | 417.9M | 589.2M | -104.5M | 514.8M | 475.8M | 727.3M | 984.8M | 1.2B | 1.3B |
| Depreciation & amortization | 31.6M | 31M | 35.9M | 45.9M | 49.9M | 49.9M | 51.3M | 53.2M | 72.5M | 85.6M |
| Stock-based compensation | 12.1M | 73.5M | -26.4M | 45.4M | 163.8M | 138.5M | 106.8M | 39.1M | 144M | 147.7M |
| Change in working capital | -117.4M | -78.4M | 135.4M | -162M | 24.5M | -161.7M | -185.7M | -154.9M | -102.9M | -204.4M |
| Operating cash flow | 649.5M | 424.6M | 735.9M | -204.9M | 706M | 568.4M | 752.2M | 917.3M | 1.3B | 1.6B |
| Capital expenditure | -38M | -78M | -184.4M | -83.7M | -56.9M | -120.8M | -138.8M | -230.4M | -246.5M | — |
| Investing cash flow | 48.3M | -835.5M | -820.6M | -335.4M | -738.5M | -486.9M | -811.5M | -719.6M | 417.2M | -25.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -500M | -250M | 0 | -2.1M | -3.7M | -10.8M | -11.4M | -13.8M | -1B | -1B |
| Financing cash flow | -505.4M | 253.4M | -9.3M | 1.2B | -105.4M | -10.8M | -18.9M | -216.5M | -1.8B | -1.8B |
| Net change in cash | 192.4M | -157.5M | -94M | 656.9M | -137.9M | 70.7M | -78.2M | -18.8M | -113.3M | -297.2M |
| Free cash flow | 605.6M | 387.9M | 594M | -290.3M | 696.4M | 477.4M | 663.7M | 747.6M | 1.1B | 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 | 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 | 267.6M | 217.1M | 306.6M | 278.1M | 309.1M | 301.3M | 322.2M | 309.5M | 338.7M | 364.3M | 274.9M | 333M |
| Depreciation & amortization | 13.3M | 13.7M | 15M | 18.7M | 19.1M | 19.7M | 19.8M | 21.1M | 21.9M | 22.8M | 22.6M | 24.2M |
| Stock-based compensation | 21.1M | 16.6M | 25.6M | 49.7M | 41.7M | 27M | 31.8M | 37.8M | 39.1M | 39M | 33.9M | 43.4M |
| Change in working capital | 6.6M | -68.6M | 37.9M | -134.6M | -20M | 13.8M | 80.6M | -249.1M | 131.3M | -167.2M | 25.1M | -120.1M |
| Operating cash flow | 306.8M | 173.8M | 374.6M | 206.4M | 344.2M | 359.2M | 463.8M | 191.7M | 562.1M | 346.2M | 463.3M | 313.6M |
| Capital expenditure | -65.7M | -78.7M | -38.2M | -45.1M | -76.5M | -86.7M | -74.9M | — | — | — | — | — |
| Investing cash flow | -313.4M | 42.1M | 735.3M | -79.5M | -114.9M | -123.2M | -164.7M | -237.7M | 356.9M | -54.7M | 844.5M | 195.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -200K | -100K | -1B | -11.5M | -400K | -300K | 0 | -20.5M | -1B | 4.4M | -1.5B | -58.8M |
| Financing cash flow | -200K | -100.1M | -1.2B | -100.1M | -100.4M | -100.3M | -215.3M | -616.7M | -1B | -600K | -1.6B | -3.9M |
| Net change in cash | -6.8M | 115.8M | -104.2M | 26.8M | 128.9M | 135.7M | 83.8M | -662.7M | -81.5M | 290.9M | -250.5M | 505.2M |
| Free cash flow | 280.5M | 72M | 338.3M | 187.1M | 300.7M | 254.5M | 386.3M | 129.5M | 346.1M | 173.3M | 362.5M | 205.6M |