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 | $0.76 | $0.84 | +10.5% | — | $2.8B | — |
| Q1 26 | $0.82 | $0.85 | +3.7% | — | $2.7B | — |
| Q4 25 | $0.79 | $0.78 | -1.3% | — | $2.7B | — |
| Q3 25 | $0.77 | $0.79 | +2.6% | — | $2.6B | — |
| Q2 25 | $0.71 | $0.76 | +7.0% | — | $2.6B | — |
| Q1 25 | $0.76 | $0.73 | -3.9% | — | $2.5B | — |
| Q4 24 | $0.72 | $0.72 | 0.0% | — | $2.5B | — |
| Q3 24 | $0.74 | $0.81 | +9.5% | — | $2.5B | — |
| Q2 24 | $0.73 | $0.74 | +1.4% | — | $2.5B | — |
| Q1 24 | $0.73 | $0.78 | +6.8% | — | $2.5B | — |
| Q4 23 | $0.68 | $0.7 | +2.9% | — | $2.4B | — |
| Q3 23 | $0.67 | $0.66 | -1.5% | — | $2.3B | — |
| Q2 23 | $0.64 | $0.69 | +7.8% | — | $2.4B | — |
| Q1 23 | $0.6 | $0.7 | +16.7% | — | $2.4B | — |
| Q4 22 | $0.42 | $0.42 | 0.0% | — | $2.2B | — |
| Q3 22 | $0.48 | $0.5 | +4.2% | — | $2.1B | — |
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 | — | $1.99 | — | — | $10.4B | — |
| FY24 | — | $2.06 | — | — | $9.9B | — |
| FY23 | — | $1.98 | — | — | $9.5B | — |
| FY22 | — | $0.68 | — | — | $8.7B |
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 | $6.6B | $6.8B | $7.2B | $7.5B | $6.8B | $8.3B | $8.7B | $9.5B | $9.9B | $10.4B |
| YoY change | — | +2.97% | +5.32% | +4.96% | -8.99% | +21.3% | +5.14% | +8.47% | +4.82% | +4.94% |
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 | 6.6B | 6.8B | 7.2B | 7.5B | 6.8B | 8.3B | 8.7B | 9.5B | 9.9B | 10.4B |
| Cost of revenue | 3.5B | 3.6B | 4B | 3.8B | 3.9B | 3.6B | 4B | 4.2B | 4.4B | 4.7B |
| Gross profit | 3.1B | 3.2B | 3.2B | 3.7B | 2.9B | 4.7B | 4.7B | 5.2B | 5.5B | 5.7B |
| Gross margin | 47.2% | 47.2% | 44.6% | 48.8% | 43% | 56.1% | 54.5% | 55.5% | 55.6% | 55.2% |
| Research & development | 499M | 584M | 587M | 656M | 673M | 842M | 702M | 828M | 876M | 990M |
| Selling, general & administrative | 2.5B | 2.6B | 2.8B | 2.8B | 2.7B | 3.1B | 3.1B | 3.2B | 3.3B | 3.4B |
| Operating expenses | 3.1B | 3.3B | 3.4B | 3.8B | 3.4B | 4.1B | 4.1B | 4.2B | 4.1B | 4.4B |
| Operating income | 10M | -77M | -248M | -187M | -482M | 580M | 672M | 1B | 1.4B | 1.4B |
| Operating margin | 0.15% | -1.13% | -3.47% | -2.49% | -7.05% | 7% | 7.71% | 11% | 14.3% | 13.1% |
| Non-operating income, net | -91M | -20M | -27M | -22M | -26M | -35M | -79M | -52M | -37M | -58M |
| Pretax income | -113M | -127M | -300M | -332M | -635M | 418M | 463M | 832M | 1.3B | 1.2B |
| Income tax | 57M | -383M | -73M | 324M | -104M | 42M | 128M | -142M | 238M | 180M |
| Net income | -170M | 256M | -227M | -656M | -531M | 376M | 335M | 974M | 1B | 980M |
| Net margin | -2.58% | 3.77% | -3.17% | -8.74% | -7.77% | 4.54% | 3.84% | 10.3% | 10.3% | 9.42% |
| EBITDA | 1.3B | 1.2B | 1.4B | 1.2B | 1.1B | 1.8B | 1.8B | 2.3B | 2.7B | 2.7B |
| EPS | -0.35 | 0.52 | -0.46 | -1.34 | -1.09 | 0.77 | 0.68 | 1.98 | 2.06 | 1.99 |
| Diluted EPS | -0.35 | 0.52 | -0.46 | -1.34 | -1.09 | 0.76 | 0.68 | 1.96 | 2.05 | 1.98 |
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 | 2.3B | 2.4B | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B | 2.6B | 2.6B | 2.7B | 2.7B | 2.8B |
| Cost of revenue | 1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B |
| Gross profit | 1.3B | 1.3B | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.5B | 1.5B | 1.5B | 1.7B |
| Gross margin | 55.3% | 54.8% | 56.2% | 55% | 55.9% | 55.4% | 55.9% | 53.5% | 55.8% | 55.8% | 56.4% | 59.3% |
| Research & development | 201M | 208M | 199M | 220M | 225M | 232M | 222M | 245M | 250M | 273M | 245M | 663M |
| Selling, general & administrative | 798M | 794M | 802M | 837M | 809M | 802M | 813M | 870M | 865M | 901M | 882M | 964M |
| Operating expenses | 996M | 1.1B | 1B | 1.1B | 1B | 990M | 915M | 1.1B | 1.1B | 1.2B | 1.2B | 1.7B |
| Operating income | 293M | 208M | 368M | 318M | 332M | 395M | 468M | 247M | 332M | 313M | 292M | 11M |
| Operating margin | 12.6% | 8.84% | 15% | 12.7% | 13.5% | 15.8% | 18.9% | 9.51% | 12.7% | 11.5% | 10.8% | 0.39% |
| Non-operating income, net | — | — | — | — | — | — | -14M | -1M | -1M | -42M | -2M | -4M |
| Pretax income | 238M | 168M | 335M | 280M | 292M | 349M | 414M | 199M | 283M | 264M | 240M | -46M |
| Income tax | 34M | -259M | 87M | 57M | 29M | 65M | 64M | 23M | 46M | 47M | 51M | -46M |
| Net income | 204M | 427M | 248M | 223M | 263M | 284M | 350M | 176M | 237M | 217M | 189M | 0 |
| Net margin | 8.76% | 18.2% | 10.1% | 8.93% | 10.7% | 11.4% | 14.2% | 6.78% | 9.07% | 7.98% | 6.98% | 0% |
| EBITDA | 285M | 215M | 676M | 330M | 341M | 397M | 463M | 612M | 521M | 793M | 614M | 800M |
| EPS | 0.41 | — | 0.5 | 0.45 | 0.53 | 0.57 | 0.71 | 0.36 | 0.48 | 0.44 | 0.39 | 0 |
| Diluted EPS | 0.41 | — | 0.5 | 0.45 | 0.53 | 0.57 | 0.7 | 0.35 | 0.48 | 0.44 | 0.39 | 0 |
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 | — | — | — | 27.6B | 32.3B | 42.7B | 33.7B | 38.5B | 42B | 38.9B | 31.5B |
| Enterprise value | — | — | — | 30.6B | 35.2B | 45.6B | 37.8B | 42.5B | 45.3B | 37.8B | 35B |
| Shares outstanding | 488.7M | 488.7M | 488.7M | 488.2M | 489M | 490M | 491.4M | 493M | 494.4M | 493.2M | 493.2M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 113.5 | 100.6 | 39.5 | 41.2 | 39.7 | 49.3 |
| P/S | — | — | — | 3.68 | 4.72 | 5.15 | 3.86 | 4.07 | 4.23 | 3.74 | 2.88 |
| P/B | — | — | — | 1.43 | 1.71 | 2.22 | 1.71 | 1.87 | 1.95 | 1.77 | 1.45 |
| EV/EBITDA | — | — | — | 24.9 | 30.9 | 25.4 | 21 | 18.5 | 16.7 | 13.8 | 14.6 |
| EV/Sales | — | — | — | 4.07 | 5.15 | 5.5 | 4.33 | 4.5 | 4.57 | 3.63 | 3.22 |
| Earnings yield | — | — | — | — | — | 0.88% | 0.99% | 2.53% | 2.43% | 2.52% | 2.03% |
| FCF yield | — | — | — | 0.88% | 0.79% | 0.39% | 1.4% | 1.39% | 3.35% | 4.14% | 4.03% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.49 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 47.2% | 47.2% | 44.6% | 48.8% | 43% | 56.1% | 54.5% | 55.5% | 55.6% | 55.2% | 59.3% |
| Operating margin | 0.15% | -1.13% | -3.47% | -2.49% | -7.05% | 7% | 7.71% | 11% | 14.3% | 13.1% | 14.6% |
| Net margin | -2.58% | 3.77% | -3.17% | -8.74% | -7.77% | 4.54% | 3.84% | 10.3% | 10.3% | 9.42% | 5.92% |
| ROE | — | 1.11% | -1% | -3.4% | -2.82% | 1.95% | 1.7% | 4.72% | 4.72% | 4.45% | 2.94% |
| ROA | — | 0.93% | -0.84% | -2.37% | -1.92% | 1.34% | 1.15% | 3.29% | 3.35% | 3.11% | 2.8% |
| ROIC | — | -0.33% | -1.1% | -0.84% | -2.22% | 2.35% | 2.05% | 4.21% | 4.61% | 5.49% | 3.23% |
| Return on tangible assets | — | -1.9% | 1.88% | 6.18% | 6.32% | -5.12% | -4.15% | -15.3% | -21.6% | 4.39% | -16.2% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.85 | 1.8 | 1.84 | 2.21 | 2.18 | 1.9 | 2.28 | 2.77 | 2.12 | 2.09 |
| Quick ratio | — | 1.12 | 1.03 | 1.19 | 1.48 | 1.41 | 1.13 | 1.34 | 1.77 | 1.33 | 1.3 |
| Debt / equity | — | 0.01 | 0.01 | 0.2 | 0.24 | 0.23 | 0.26 | 0.25 | 0.24 | 0.02 | 0.25 |
| Debt / assets | — | 0.01 | 0.01 | 0.14 | 0.16 | 0.16 | 0.17 | 0.17 | 0.17 | 0.01 | 0.17 |
| Net debt / EBITDA | — | -0.02 | -0.09 | 2.4 | 2.57 | 1.62 | 2.27 | 1.76 | 1.22 | -0.4 | 1.41 |
| Interest coverage | -2.65 | -3.7 | -11.5 | -1.94 | -4.12 | 4.48 | 4.46 | 5.4 | 7.54 | 6.69 | 4.55 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 10% | 27.6% | 0% | 18.9% | 15.5% | 13.2% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 13.5 | 13.9 | 14.6 | 15.4 | 14 | 16.9 | 17.7 | 19.2 | 20 | 21.1 | 22.2 |
| EPS (basic) | -0.35 | 0.52 | -0.46 | -1.34 | -1.09 | 0.77 | 0.68 | 1.98 | 2.06 | 1.99 | 1.99 |
| EPS (diluted) | -0.35 | 0.52 | -0.46 | -1.34 | -1.09 | 0.76 | 0.68 | 1.96 | 2.05 | 1.98 | 1.31 |
| Book value per share | — | 47.1 | 46.3 | 39.5 | 38.5 | 39.3 | 40 | 41.8 | 43.6 | 44.6 | 44.7 |
| FCF per share | 1.51 | 1.48 | 0.88 | 0.5 | 0.52 | 0.34 | 0.96 | 1.09 | 2.85 | 3.26 | 3.25 |
| Cash per share | — | 0.35 | 0.53 | 1.75 | 3.21 | 3.22 | 1.99 | 2.23 | 3.7 | 3.1 | 3.01 |
| Capex per share | 0.91 | 0.85 | 1.07 | 1.13 | 0.97 | 1.43 | 1.29 | 1.33 | 0.96 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 6.73% | 6.1% | 7.33% | 7.37% | 6.92% | 8.44% | 7.3% | 6.96% | 4.77% | — | — |
| Capex / operating cash flow | 33.1% | 35.4% | 38.6% | 47.3% | 43.8% | 45.1% | 48.6% | 38% | 18.9% | — | — |
| Payout ratio | — | — | — | 0% | 0% | 14.4% | 29.9% | 11.9% | 12.8% | 16.9% | 27% |
| Dividend yield | — | — | — | 0% | 0% | 0.13% | 0.3% | 0.3% | 0.31% | 0.43% | 2.19% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| May 5, 2026 | $0.358 |
| May 13, 2025 | $0.331 |
| May 14, 2024 | $0.2644 |
| May 10, 2023 | $0.2356 |
| May 3, 2022 | $0.205 |
| May 4, 2021 | $0.0909 |
| — |
| FY21 | — | $0.77 | — | — | $8.3B | — |
| FY20 | — | -$1.09 | — | — | $6.8B | — |
| FY19 | — | -$1.34 | — | — | $7.5B | — |
| FY18 | — | -$0.46 | — | — | $7.2B | — |
| FY17 | — | $0.52 | — | — | $6.8B | — |
| FY16 | — | -$0.35 | — | — | $6.6B | — |
| 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 | $2.3B | $2.4B | $2.5B | $2.5B | $2.5B | $2.5B | $2.5B | $2.6B | $2.6B | $2.7B | $2.7B | $2.8B |
| YoY change | +8.83% | +8.34% | +4.55% | +3.06% | +5.37% | +6.38% | +0.57% | +4.01% | +6.52% | +8.63% | +9.42% | +8.74% |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 172M | 258M | 855M | 1.6B | 1.6B | 980M | 1.1B | 1.8B | 1.5B |
| Receivables | 1.5B | 1.4B | 1.5B | 1.5B | 1.6B | 1.8B | 1.9B | 1.9B | — |
| Inventory | 1.3B | 1.4B | 1.5B | 1.6B | 1.9B | 2.1B | 2.3B | 2.3B | 2.4B |
| Total current assets | 3.3B | 3.4B | 4.2B | 5B | 5.4B | 5.2B | 5.6B | 6.3B | 6.4B |
| Property, plant & equipment | 1.2B | 1.3B | 1.5B | 1.6B | 1.8B | 2B | 2.1B | 2.1B | 1.1B |
| Goodwill & intangibles | 40.9B | 39.2B | 38.3B | 36B | 35.3B | 37.2B | 36B | 35.1B | 9.3B |
| Total assets | 27.4B | 27.1B | 27.7B | 27.6B | 28B | 29.2B | 29.6B | 30.3B | 31.6B |
| Accounts payable | 615M | 663M | 833M | 876M | 903M | 861M | 811M | 773M | 926M |
| Short-term debt | 65M | 47M | 306M | 232M | 174M | 168M | 206M | 161M | — |
| Total current liabilities | 1.8B | 1.9B | 2.3B | 2.3B | 2.5B | 2.7B | 2.5B | 2.3B | 3B |
| Long-term debt | 84M | 89M | 3.5B | 4.3B | 4.3B | 4.9B | 4.9B | 5B | 429M |
| Total liabilities | 4.4B | 4.4B | 8.4B | 8.8B | 8.7B | 9.5B | 9B | 8.8B | 9.5B |
| Shareholders' equity | 23B | 22.6B | 19.3B | 18.8B | 19.3B | 19.7B | 20.6B | 21.6B | 22B |
| Total debt | 149M | 136M | 3.8B | 4.5B | 4.5B | 5.1B | 5.1B | 5.1B | 429M |
| Net debt | -23M | -91M | 3B | 2.9B | 2.9B | 4.1B | 4B | 3.5B | -1.1B |
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 22 | 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 | 980M | 1.1B | 1.1B | 1.4B | 1.6B | 1.8B | 1.4B | 1.4B | 1.5B | 1.5B | 1.7B | 1.5B |
| Receivables | 1.8B | 1.9B | 1.8B | 1.8B | — | 1.9B | 1.8B | 2B | 1.9B | — | 2B | 2.1B |
| Inventory | 2.1B | 2.3B | 2.3B | 2.3B | — | 2.3B | 2.3B | 2.4B | 2.4B | 2.4B | 2.4B | 2.5B |
| Total current assets | 5.2B | 5.6B | 5.7B | 6B | — | 6.3B | 6.1B | 6.3B | 6.3B | 6.4B | 6.6B | 6.6B |
| Property, plant & equipment | 2B | 2.1B | 4.7B | 4.7B | — | 2.1B | 4.9B | 5.1B | 5.1B | 1.1B | 5.2B | 5.3B |
| Goodwill & intangibles | 37.2B | 36B | 35.7B | 35.4B | — | 35.1B | 37.1B | 36.8B | 36.9B | 9.3B | 36.3B | 35.1B |
| Total assets | 29.2B | 29.6B | 29.6B | 29.7B | — | 30.3B | 31B | 31.4B | 31.5B | 31.6B | 31.6B | 31.1B |
| Accounts payable | 861M | 811M | 818M | 868M | — | 773M | 842M | 895M | 895M | 926M | 919M | 968M |
| Short-term debt | 168M | 206M | 205M | 195M | — | 161M | 170M | 147M | 647M | — | 648M | 648M |
| Total current liabilities | 2.7B | 2.5B | 2.3B | 2.3B | — | 2.3B | 2.2B | 2.4B | 3B | 3B | 3B | 3.2B |
| Long-term debt | 4.9B | 4.9B | 4.9B | 4.9B | — | 5B | 5B | 5.1B | 4.6B | 429M | 4.6B | 4.6B |
| Total liabilities | 9.5B | 9B | 8.7B | 8.8B | — | 8.8B | 9B | 9.3B | 9.4B | 9.5B | 9.5B | 9.5B |
| Shareholders' equity | 19.7B | 20.6B | 20.8B | 20.9B | — | 21.6B | 22B | 22.1B | 22.1B | 22B | 22.1B | 21.6B |
| Total debt | 5.1B | 5.1B | 5.1B | 5.1B | — | 5.1B | 5.2B | 5.3B | 5.2B | 429M | 5.3B | 5.3B |
| Net debt | 4.1B | 4B | 3.9B | 3.7B | — | 3.5B | 3.8B | 3.8B | 3.7B | -1.1B | 3.7B | 3.9B |
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 | -170M | 256M | -227M | -656M | -531M | 376M | 335M | 974M | 1B | 980M |
| Depreciation & amortization | 1.3B | 1.3B | 1.6B | 1.4B | 1.6B | 1.2B | 1.1B | 1.2B | 1.2B | 1.3B |
| Stock-based compensation | — | 0 | 0 | 83M | 105M | 138M | 140M | 144M | 150M | 162M |
| Change in working capital | 181M | 36M | 80M | -48M | -45M | -314M | -522M | -404M | -189M | -240M |
| Operating cash flow | 1.3B | 1.2B | 1.4B | 1.2B | 1.1B | 1.6B | 1.3B | 1.7B | 2.5B | 2.3B |
| Capital expenditure | -444M | -414M | -524M | -553M | -473M | -700M | -636M | -658M | -473M | — |
| Investing cash flow | -781M | -598M | -813M | -888M | -484M | -718M | -1.8B | -901M | -970M | -686M |
| Dividends paid | — | — | — | 0 | 0 | -54M | -100M | -116M | -130M | -166M |
| Share repurchases | — | — | — | — | — | — | — | — | — | -676M |
| Financing cash flow | -435M | -539M | -78M | 659M | 466M | -166M | -50M | -245M | -322M | -1.1B |
| Net change in cash | 125M | 33M | 467M | 939M | 1.1B | 668M | -497M | 585M | 1.2B | 466M |
| Free cash flow | 739M | 722M | 428M | 244M | 256M | 165M | 472M | 537M | 1.4B | 1.6B |
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 22 | Q1 23 | Q2 23 | Q1 24 | Q2 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -97M | 174M | 169M | — | — | — | — | — | 237M | 217M | 189M | 0 |
| Depreciation & amortization | 276M | 302M | 297M | 296M | 311M | — | 310M | 362M | 187M | 476M | 322M | 793M |
| Stock-based compensation | 37M | 40M | 34M | — | — | — | — | — | 41M | 44M | 45M | 42M |
| Change in working capital | -73M | -355M | — | — | — | — | — | — | — | — | -243M | -109M |
| Operating cash flow | 206M | 209M | 428M | 296M | 311M | — | 310M | 362M | 724M | 658M | 418M | 510M |
| Capital expenditure | -239M | -104M | -117M | — | — | — | — | — | — | — | — | — |
| Investing cash flow | -351M | -130M | -306M | — | — | — | — | — | -128M | -99M | -27M | -82M |
| Dividends paid | 0 | — | — | — | — | — | — | — | 0 | 0 | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | -253M | -307M | -75M | -278M |
| Financing cash flow | 281M | -55M | -29M | — | — | — | — | — | -310M | -330M | -133M | -336M |
| Net change in cash | 136M | 24M | 93M | 296M | 311M | — | 310M | 362M | 286M | 229M | 258M | 92M |
| Free cash flow | 90M | -44M | 101M | — | — | -211M | — | — | 535M | 457M | 227M | 370M |