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 27 | $2.61 | $2.75 | +5.4% | — | $2.6B | — |
| Q1 27 | $2.52 | $2.66 | +5.6% | — | $2.5B | — |
| Q4 26 | $2.32 | $2.47 | +6.5% | — | $2.5B | — |
| Q3 26 | $2.17 | $2.32 | +6.9% | — | $2.4B | — |
| Q2 26 | $2.12 | $2.21 | +4.2% | — | $2.3B | — |
| Q1 26 | $2.01 | $2.23 | +10.9% | — | $2.2B | — |
| Q4 25 | $1.78 | $1.92 | +7.9% | — | $2.2B | — |
| Q3 25 | $1.76 | $1.89 | +7.4% | — | $2.2B | — |
| Q2 25 | $1.65 | $1.75 | +6.1% | — | $2.1B | — |
| Q1 25 | $1.58 | $1.74 | +10.1% | — | $2B | — |
| Q4 24 | $1.47 | $1.57 | +6.8% | — | $1.9B | — |
| Q3 24 | $1.41 | $1.53 | +8.5% | — | $1.9B | — |
| Q2 24 | $1.26 | $1.43 | +13.5% | — | $1.8B | — |
| Q1 24 | $1.12 | $1.31 | +17.0% | — | $1.7B | — |
| Q4 23 | $0.91 | $0.99 | +8.8% | — | $1.6B | — |
| Q3 23 | $0.84 | $0.99 | +17.9% | — | $1.6B | — |
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 % |
|---|---|---|---|---|---|---|
| FY26 | — | $2.61 | — | — | $9.6B | — |
| FY25 | — | $1.98 | — | — | $8.4B | — |
| FY24 | — | $5.28 | — | — | $7.3B | — |
| FY23 | — | -$1.44 | — | — | $6.2B |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6B | $2.1B | $2.8B | $3.6B | $4.3B | $5.1B | $6.2B | $7.3B | $8.4B | $9.6B |
| YoY change | +36.1% | +36.1% | +31.7% | +28.5% | +19% | +19% | +21% | +16.8% | +16.4% | +13.1% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.6B | 2.1B | 2.8B | 3.6B | 4.3B | 5.1B | 6.2B | 7.3B | 8.4B | 9.6B |
| Cost of revenue | 483.5M | 629.4M | 835M | 1.1B | 1.2B | 1.4B | 1.7B | 1.8B | 2.1B | 2.3B |
| Gross profit | 1.1B | 1.5B | 2B | 2.6B | 3.1B | 3.7B | 4.5B | 5.5B | 6.4B | 7.2B |
| Gross margin | 69.3% | 70.6% | 70.4% | 70.6% | 72.3% | 72.2% | 72.4% | 75.6% | 75.5% | 75.7% |
| Research & development | 680.5M | 910.6M | 1.2B | 1.5B | 1.7B | 1.9B | 2.3B | 2.5B | 2.6B | 2.7B |
| Selling, general & administrative | 763.5M | 906.3M | 1.2B | 1.5B | 1.6B | 1.9B | 2.5B | 2.8B | 3.3B | 3.5B |
| Operating expenses | 1.4B | 1.8B | 2.5B | 3.1B | 3.4B | 3.8B | 4.7B | 5.3B | 5.9B | 6.2B |
| Operating income | -353.1M | -303.2M | -463.3M | -502.2M | -248.6M | -116M | -222M | 183M | 499M | 1B |
| Operating margin | -22.4% | -14.1% | -16.4% | -13.8% | -5.76% | -2.26% | -3.57% | 2.52% | 5.91% | 10.7% |
| Non-operating income, net | -13.6M | 7.7M | 57.3M | 37.2M | 23.5M | 144M | -33M | -14M | -97M | -219M |
| Pretax income | -385.5M | -314.8M | -423.8M | -482.4M | -275.1M | 16M | -260M | 356M | 638M | 1B |
| Income tax | -814K | 6.4M | -5.5M | -1.8M | 7.3M | -13M | 107M | -1B | 112M | 316M |
| Net income | -384.7M | -321.2M | -418.3M | -480.7M | -282.4M | 29M | -367M | 1.4B | 526M | 693M |
| Net margin | -24.4% | -15% | -14.8% | -13.3% | -6.54% | 0.56% | -5.9% | 19% | 6.23% | 7.26% |
| EBITDA | -249.6M | -134.5M | -165.4M | -147.5M | 87.3M | 377M | 206M | 752M | 1.2B | 1.8B |
| EPS | -2.06 | -1.55 | -1.93 | -2.12 | -1.19 | 0.12 | -1.44 | 5.28 | 1.98 | 2.61 |
| Diluted EPS | -2.06 | -1.55 | -1.93 | -2.12 | -1.19 | 0.12 | -1.44 | 5.21 | 1.95 | 2.59 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 | Q2 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.9B | 1.9B | 2B | 2.1B | 2.2B | 2.2B | 2.2B | 2.3B | 2.4B | 2.5B | 2.5B | 2.6B |
| Cost of revenue | 445M | 460.2M | 489M | 511M | 530M | 539M | 537M | 582M | 591M | 611M | 604M | 652M |
| Gross profit | 1.4B | 1.5B | 1.5B | 1.6B | 1.6B | 1.7B | 1.7B | 1.8B | 1.8B | 1.9B | 1.9B | 2B |
| Gross margin | 76.2% | 76.1% | 75.4% | 75.5% | 75.5% | 75.6% | 76% | 75.2% | 75.7% | 75.9% | 76.2% | 75.4% |
| Research & development | 619M | 635.1M | 656M | 649M | 647M | 674M | 663M | 660M | 666M | 691M | 705M | 747M |
| Selling, general & administrative | 714M | 748.2M | 781M | 814M | 818M | 839M | 835M | 857M | 911M | 925M | 895M | 937M |
| Operating expenses | 1.3B | 1.4B | 1.4B | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.6B | 1.6B | 1.6B | 1.7B |
| Operating income | 88M | 78.7M | 64M | 111M | 165M | 159M | 205M | 249M | 264M | 305M | 338M | 313M |
| Operating margin | 4.72% | 4.09% | 3.22% | 5.32% | 7.64% | 7.19% | 9.15% | 10.6% | 10.9% | 12% | 13.3% | 11.8% |
| Non-operating income, net | -10M | 999K | -5M | -3M | 5M | -94M | -166M | -4M | 19M | -68M | -9M | 2M |
| Pretax income | 129M | 138M | 123M | 168M | 227M | 120M | 103M | 304M | 338M | 264M | 355M | 327M |
| Income tax | 15M | -1.1B | 16M | 36M | 34M | 26M | 35M | 76M | 86M | 119M | 133M | -305M |
| Net income | 114M | 1.2B | 107M | 132M | 193M | 94M | 68M | 228M | 252M | 145M | 222M | 632M |
| Net margin | 6.11% | 61.8% | 5.38% | 6.33% | 8.94% | 4.25% | 3.04% | 9.71% | 10.4% | 5.73% | 8.73% | 23.9% |
| EBITDA | 227M | 237.9M | 227M | 275M | 337M | 239M | 382M | 415M | 457M | 520M | 473M | 446M |
| EPS | 0.43 | 4.52 | 0.4 | 0.5 | 0.73 | 0.35 | 0.25 | 0.86 | 0.95 | 0.56 | 0.87 | 2.58 |
| Diluted EPS | 0.43 | 4.42 | 0.4 | 0.49 | 0.72 | 0.35 | 0.25 | 0.84 | 0.94 | 0.55 | 0.87 | 2.57 |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 16.5B | 24.9B | 39.4B | 41.9B | 53.9B | 62.6B | 46.2B | 76.1B | 69.5B | 46.6B | 45.5B |
| Enterprise value | 15B | 23.1B | 38.8B | 41.6B | 52.6B | 61B | 43.4B | 71.6B | 64.9B | 44.9B | 46B |
| Shares outstanding | 198.2M | 207.8M | 216.8M | 227.2M | 237M | 247.2M | 254.8M | 261.3M | 265.3M | 265.1M | 265.1M |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 2.2K | — | 55.1 | 132.2 | 67.2 | 38.6 |
| P/S | 10.5 | 11.6 | 13.9 | 11.6 | 12.5 | 12.2 | 7.44 | 10.5 | 8.23 | 4.87 | 4.5 |
| P/B | 12.9 | 15.8 | 20.1 | 16.9 | 16.5 | 13.8 | 8.28 | 9.41 | 7.69 | 5.97 | 7.06 |
| EV/EBITDA | -60.1 | -172 | -234.4 | -281.9 | 602.7 | 161.8 | 210.5 | 95.1 | 55.8 | 25.3 | 29 |
| EV/Sales | 9.53 | 10.8 | 13.7 | 11.5 | 12.2 | 11.9 | 6.98 | 9.86 | 7.68 | 4.7 | 4.53 |
| Earnings yield | — | — | — | — | — | 0.05% | — | 1.82% | 0.76% | 1.49% | 2.59% |
| FCF yield | 1.4% | 1.26% | 1% | 1.48% | 1.88% | 2.2% | 2.8% | 2.51% | 3.15% | 5.96% | 6.7% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.19 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 69.3% | 70.6% | 70.4% | 70.6% | 72.3% | 72.2% | 72.4% | 75.6% | 75.5% | 75.7% | 75.4% |
| Operating margin | -22.4% | -14.1% | -16.4% | -13.8% | -5.76% | -2.26% | -3.57% | 2.52% | 5.91% | 10.7% | 11.8% |
| Net margin | -24.4% | -15% | -14.8% | -13.3% | -6.54% | 0.56% | -5.9% | 19% | 6.23% | 7.26% | 12.3% |
| ROE | -30.1% | -20.3% | -21.4% | -19.3% | -8.62% | 0.64% | -6.57% | 17.1% | 5.82% | 8.88% | 16% |
| ROA | -11.8% | -6.49% | -7.58% | -7.05% | -3.24% | 0.28% | -2.72% | 8.39% | 2.93% | 3.83% | 4.51% |
| ROIC | 190.1% | 154.6% | -33.5% | -23.8% | -12.6% | -3.87% | -8.18% | 5.13% | 9.39% | 11.4% | 17.4% |
| Return on tangible assets | -13.5% | -7.08% | -20% | -19% | -6.21% | 0.73% | -5.13% | 13.5% | 5.13% | 11.2% | 30.2% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.96 | 1.92 | 1.11 | 1.04 | 1.12 | 1.03 | 1.75 | 1.97 | 1.9 | 1.32 | 0.91 |
| Quick ratio | 1.96 | 1.92 | 1.11 | 1.04 | 1.12 | 1.03 | 1.75 | 1.97 | 1.9 | 1.32 | 0.91 |
| Debt / equity | 0.42 | 0.94 | 0.62 | 0.63 | 0.68 | 0.46 | 0.58 | 0.41 | 0.37 | 0.49 | 0.58 |
| Debt / assets | 0.16 | 0.3 | 0.22 | 0.23 | 0.26 | 0.2 | 0.24 | 0.2 | 0.19 | 0.21 | 0.24 |
| Net debt / EBITDA | 5.86 | 13.2 | 3.47 | 2.54 | -14.9 | -4.09 | -13.9 | -6.01 | -4.01 | -0.91 | 0.19 |
| Interest coverage | -11.8 | -6.07 | -6.04 | -7.22 | -3 | 1.94 | -1.55 | 4.12 | 6.6 | 9.85 | 12.6 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 17.6% | 31.3% | 2.57% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 7.94 | 10.3 | 13 | 16 | 18.2 | 20.8 | 24.4 | 27.8 | 31.8 | 36 | 39.6 |
| EPS (basic) | -2.06 | -1.55 | -1.93 | -2.12 | -1.19 | 0.12 | -1.44 | 5.28 | 1.98 | 2.61 | 2.61 |
| EPS (diluted) | -2.06 | -1.55 | -1.93 | -2.12 | -1.19 | 0.12 | -1.44 | 5.21 | 1.95 | 2.59 | 4.91 |
| Book value per share | 6.44 | 7.61 | 9.03 | 10.9 | 13.8 | 18.3 | 21.9 | 30.9 | 34.1 | 29.4 | 26.8 |
| FCF per share | 1.16 | 1.51 | 1.82 | 2.73 | 4.27 | 5.58 | 5.09 | 7.31 | 8.25 | 10.5 | 11.5 |
| Cash per share | 10.1 | 15.7 | 8.2 | 8.56 | 14.9 | 14.7 | 24 | 29.9 | 30.2 | 20.5 | 14.1 |
| Capex per share | — | — | — | — | — | — | — | — | — | 0.61 | 0.96 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | — | — | — | — | 1.7% | 2.33% |
| Capex / operating cash flow | — | — | — | — | — | — | — | — | — | 5.51% | 7.69% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY22 | — | $0.12 | — | — | $5.1B | — |
| FY21 | — | -$1.19 | — | — | $4.3B | — |
| FY20 | — | -$2.12 | — | — | $3.6B | — |
| FY19 | — | -$1.93 | — | — | $2.8B | — |
| FY18 | — | -$1.55 | — | — | $2.1B | — |
| FY17 | — | -$2.06 | — | — | $1.6B | — |
| Period | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 | Q2 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B | $1.9B | $2B | $2.1B | $2.2B | $2.2B | $2.2B | $2.3B | $2.4B | $2.5B | $2.5B | $2.6B |
| YoY change | +16.7% | +16.8% | +18.2% | +16.7% | +15.8% | +15% | +12.6% | +12.6% | +12.6% | +14.5% | +13.5% | +12.8% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2B | 3.3B | 1.8B | 1.9B | 3.5B | 3.6B | 6.1B | 7.8B | 8B | 5.4B |
| Receivables | 409.8M | 528.2M | 704.7M | 877.6M | 1B | 1.2B | 1.6B | 1.6B | 1.9B | 2.3B |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2.5B | 4B | 2.7B | 3.1B | 4.8B | 5.2B | 8.1B | 9.9B | 10.5B | 8.4B |
| Property, plant & equipment | 250.6M | 291.5M | 363M | 738.1M | 891.9M | 679M | 730M | 797M | 823M | 1.1B |
| Goodwill & intangibles | 418.5M | 409.7M | 3.4B | 4.3B | 4.2B | 6.5B | 6.3B | 6.2B | 7.7B | 11.9B |
| Total assets | 3.3B | 4.9B | 5.5B | 6.8B | 8.7B | 10.5B | 13.5B | 16.5B | 18B | 18.1B |
| Accounts payable | 26.8M | 21M | 29.1M | 57.6M | 75.6M | 55.5M | 154M | 78M | 108M | 142M |
| Short-term debt | — | 341.5M | 232.5M | 310.5M | 1.2B | 1.3B | 91M | 89M | 99M | 130M |
| Total current liabilities | 1.3B | 2.1B | 2.4B | 3B | 4.3B | 5.1B | 4.6B | 5.1B | 5.5B | 6.4B |
| Long-term debt | 534.4M | 1.1B | 972.3M | 1.3B | 1B | 799.8M | 3.2B | 3.2B | 3.3B | 3.7B |
| Total liabilities | 2B | 3.4B | 3.6B | 4.3B | 5.4B | 6B | 7.9B | 8.4B | 8.9B | 10.3B |
| Shareholders' equity | 1.3B | 1.6B | 2B | 2.5B | 3.3B | 4.5B | 5.6B | 8.1B | 9B | 7.8B |
| Total debt | 534.4M | 1.5B | 1.2B | 1.6B | 2.2B | 2.1B | 3.2B | 3.3B | 3.4B | 3.8B |
| Net debt | -5.5M | 357M | 566.2M | 838.7M | 853.9M | 568.5M | 1.4B | 1.3B | 1.8B | 2.3B |
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 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 | Q2 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 6.9B | 7.8B | 7.2B | 7.4B | 7.2B | 8B | 8B | 8.2B | 6.8B | 5.4B | 4.4B | 3.4B |
| Receivables | 1.2B | 1.6B | 1.1B | 1.3B | 1.4B | 1.9B | 1.4B | 1.6B | 1.8B | 2.3B | 1.6B | 1.9B |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 8.6B | 9.9B | 8.9B | 9.2B | 9.1B | 10.5B | 10B | 10.4B | 9.2B | 8.4B | 6.6B | 6B |
| Property, plant & equipment | 749.4M | 797M | 838M | 871M | 858M | 823M | 827M | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B |
| Goodwill & intangibles | 6.2B | 6.2B | 7.3B | 7.2B | 7.8B | 7.7B | 7.7B | 7.6B | 9.7B | 11.9B | 11.8B | 11.7B |
| Total assets | 13.9B | 16.5B | 15.9B | 16.2B | 16.4B | 18B | 17.2B | 18B | 17.8B | 18.1B | 16.1B | 15.9B |
| Accounts payable | 79.3M | 78M | 76M | 87M | 74M | 108M | 92M | 100M | 103M | 142M | 116M | 102M |
| Short-term debt | 98.3M | 89M | 95M | 98M | 102M | 99M | 98M | 110M | 117M | 130M | 1.1B | 1.1B |
| Total current liabilities | 4B | 5.1B | 4.4B | 4.5B | 4.4B | 5.5B | 4.8B | 4.9B | 5B | 6.4B | 6.5B | 6.6B |
| Long-term debt | 3.2B | 3.2B | 3.2B | 3.3B | 3.3B | 3.3B | 3.3B | 3.7B | 3.7B | 3.7B | 2.7B | 2.6B |
| Total liabilities | 7.3B | 8.4B | 7.8B | 7.9B | 7.8B | 8.9B | 8.3B | 8.8B | 8.9B | 10.3B | 9.4B | 9.4B |
| Shareholders' equity | 6.6B | 8.1B | 8.2B | 8.3B | 8.6B | 9B | 8.9B | 9.2B | 8.9B | 7.8B | 6.7B | 6.5B |
| Total debt | 3.3B | 3.3B | 3.3B | 3.4B | 3.4B | 3.4B | 3.4B | 3.8B | 3.8B | 3.8B | 3.8B | 3.8B |
| Net debt | 1.7B | 1.3B | 1.6B | 1.7B | 2.1B | 1.8B | 2.4B | 2.5B | 1.2B | 2.3B | 3.2B | 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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -384.7M | -321.2M | -418.3M | -480.7M | -282.4M | 29M | -367M | 1.4B | 526M | 693M |
| Depreciation & amortization | 105.8M | 135.7M | 198.1M | 276.3M | 293.7M | 344M | 364M | 282M | 326M | 347M |
| Stock-based compensation | 372.3M | 478.4M | 652.5M | 859.6M | 1B | 1.1B | 1.3B | 1.4B | 1.5B | 1.6B |
| Change in working capital | 155.3M | 101.2M | 57.8M | 50M | -19.7M | 92M | -74M | -8M | -227M | -289M |
| Operating cash flow | 344.1M | 487.2M | 568.1M | 886.1M | 1.3B | 1.8B | 1.5B | 2.3B | 2.5B | 2.9B |
| Capital expenditure | — | — | — | — | — | — | — | — | — | -162M |
| Investing cash flow | 58.9M | -701.6M | -448.6M | -553.1M | -979.2M | -1.2B | -2.1B | -1.5B | -1.5B | 333M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | — | — | 0 | 0 | -75M | -423M | -700M | -2.9B |
| Financing cash flow | 1.6M | 956.4M | -350.3M | -549K | 476.4M | -38.5M | 1.1B | -423M | -1.3B | -3.5B |
| Net change in cash | 404.6M | 742M | -230.8M | 332.5M | 748.6M | 575.5M | 457M | 373M | -296M | -239M |
| Free cash flow | 229.8M | 313.2M | 393.7M | 620.1M | 1B | 1.4B | 1.3B | 1.9B | 2.2B | 2.8B |
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 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 | Q2 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 114M | 1.2B | 107M | 132M | 193M | 94M | 68M | 228M | 252M | 145M | 222M | 632M |
| Depreciation & amortization | 69M | 71.5M | 75M | 79M | 81M | 91M | 84M | 81M | 85M | 97M | 92M | 91M |
| Stock-based compensation | 349M | 345.4M | 385M | 370M | 368M | 397M | 459M | 392M | 376M | 399M | 409M | 462M |
| Change in working capital | -159M | 285M | -46M | -222M | -312M | 354M | -126M | -318M | -258M | 413M | -4M | -405M |
| Operating cash flow | 441M | 2B | 612M | 482M | 417M | 1B | 645M | 616M | 588M | 1.3B | 696M | 519M |
| Capital expenditure | — | — | — | — | — | — | — | -28M | -38M | -60M | -80M | -59M |
| Investing cash flow | -111M | -433M | -177M | -291M | -401M | -641M | -487M | 13M | 1.7B | -865M | 97M | 946M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -145M | -139.7M | -128M | -312M | -158M | -103M | -290M | -299M | -802M | -1.5B | -1.6B | -1.3B |
| Financing cash flow | -150M | -139.7M | -367M | -453M | -282M | -234M | -501M | -460M | -925M | -1.6B | -1.7B | -1.5B |
| Net change in cash | 180M | 1.4B | 68M | -262M | -266M | 162M | -343M | 169M | 1.4B | -1.2B | -940M | 1M |
| Free cash flow | 390M | 948.9M | 291M | 516M | 357M | 1B | 421M | 588M | 550M | 1.2B | 616M | 460M |