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 | $5.09 | $4.38 | -13.9% | — | $9.6B | — |
| Q1 26 | $6.29 | $5.21 | -17.2% | — | $8.9B | — |
| Q4 25 | $4.84 | $5.03 | +3.9% | — | $11B | — |
| Q3 25 | $5.19 | $3.84 | -26.0% | — | $8.8B | — |
| Q2 25 | $5.82 | $3.8 | -34.7% | — | $8.7B | — |
| Q1 25 | $5.9 | $5.73 | -2.9% | — | — | — |
| Q4 24 | $5.82 | $5.48 | -5.8% | — | $9B | — |
| Q3 24 | $5.46 | $5.74 | +5.1% | — | $7.5B | — |
| Q2 24 | $5.64 | $6.71 | +19.0% | — | — | — |
| Q1 24 | $6.51 | $6.21 | -4.6% | — | $415.2M | — |
| Q4 23 | $5.27 | $5 | -5.1% | — | $374.9M | — |
| Q3 23 | $5.01 | $5.19 | +3.6% | — | $6.3B | — |
| Q2 23 | $5.14 | $4.61 | -10.3% | — | $6.2B | — |
| Q1 23 | $4.64 | $4.64 | 0.0% | — | $6.4B | — |
| Q4 22 | $4 | $4.35 | +8.7% | — | $7.3B | — |
| Q3 22 | $3.88 | $4.22 | +8.8% | — | $6.3B | — |
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 | — | $349.6 | — | — | $37.2B | — |
| FY24 | — | $451.7 | — | — | $31.3B | — |
| FY23 | — | $340.1 | — | — | $25.8B | — |
| FY22 | — | $332.9 | — | — | $25.3B |
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 | $9.8B | $12.6B | $15.4B | $16.8B | $12.6B | $18.8B | $25.3B | $25.8B | $31.3B | $37.2B |
| YoY change | +8.44% | +29.1% | +22.4% | +9.16% | -24.9% | +48.8% | +34.8% | +2.01% | +21.3% | +18.8% |
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 | 9.8B | 12.6B | 15.4B | 16.8B | 12.6B | 18.8B | 25.3B | 25.8B | 31.3B | 37.2B |
| Cost of revenue | 4.6B | 10.9B | 7.5B | 8.3B | 9.3B | 9.9B | 10.7B | 10.3B | 13.5B | 19.9B |
| Gross profit | 5.1B | 1.7B | 7.9B | 8.5B | 3.4B | 8.9B | 14.6B | 15.6B | 17.8B | 17.3B |
| Gross margin | 52.7% | 13.4% | 51.1% | 50.7% | 26.5% | 47.5% | 57.8% | 60.3% | 56.9% | 46.6% |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 204.8M | 204.4M | 235.3M | 250.2M | 232.9M | 263.2M | 287.1M | 319.2M | 319.6M | 346M |
| Operating expenses | 204.8M | 204.4M | 100.6M | 45.5M | 74.1M | 263.2M | -59.2M | 319.2M | 319.6M | 346M |
| Operating income | 4.9B | 1.5B | 7.8B | 8.5B | 3.3B | 8.7B | 14.4B | 15.2B | 17.5B | 17B |
| Operating margin | 50.6% | 11.7% | 50.5% | 50.4% | 26% | 46.1% | 56.7% | 59% | 55.9% | 45.6% |
| Non-operating income, net | 40.4M | 7.3B | 87.8M | -78.9M | 243.5M | 108.6M | 138.1M | -846.9M | 2.1B | -1.9B |
| Pretax income | 5B | 8.4B | 6.9B | 7.7B | 2.9B | 8.1B | 14.1B | 14.6B | 20.4B | 15B |
| Income tax | 1.4B | 1.6B | 1.8B | 2B | 729.2M | 1.7B | 3.4B | 3.9B | 6.3B | 4B |
| Net income | 3.6B | 6.8B | 5.1B | 5.7B | 2.1B | 6.4B | 10.6B | 10.7B | 14B | 10.9B |
| Net margin | 37.2% | 53.6% | 33.2% | 33.8% | 16.8% | 34.1% | 42.1% | 41.3% | 44.8% | 29.3% |
| EBITDA | 5.8B | 3B | 9.8B | 10.7B | 5.5B | 10.9B | 17.2B | 18.7B | 21.5B | 21.7B |
| EPS | 121 | 194.5 | 166.3 | 182.2 | 65.7 | 199.5 | 332.9 | 340.1 | 451.7 | 349.6 |
| Diluted EPS | 121 | 194.5 | 166.3 | 182.2 | 65.7 | 199.5 | 332.9 | 340.1 | 451.7 | 349.6 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.4B | 6.2B | 6.3B | 374.9M | 415.2M | 7.5B | 9B | 8.7B | 8.8B | 11B | 8.9B | 9.6B |
| Cost of revenue | 1.8B | 1.6B | 2B | 261.7M | 113.4M | 2.6B | 6.6B | 3.4B | 4.3B | 6.4B | 3.2B | 4.8B |
| Gross profit | 4.7B | 4.5B | 4.3B | 113.2M | 301.8M | 4.9B | 2.4B | 5.3B | 4.5B | 4.5B | 5.6B | 4.7B |
| Gross margin | 72.2% | 73.4% | 67.9% | 30.2% | 72.7% | 65.4% | 26.4% | 60.8% | 51.4% | 41.5% | 63.5% | 49.5% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 77.2M | 76.3M | 83.6M | 4.5M | 4.4M | 65.1M | 94.8M | 91M | 87.3M | 79.7M | 88.4M | 123.3M |
| Operating expenses | 645.1M | 616.4M | 628.4M | 4.5M | 46.1M | 796.4M | 94.8M | 888.7M | 808.9M | 763.1M | 934.2M | 854.2M |
| Operating income | 4B | 3.9B | 3.7B | 198.9M | 255.7M | 4.1B | 4.5B | 4.4B | 3.7B | 3.8B | 4.7B | 3.9B |
| Operating margin | 62.2% | 63.4% | 58% | 53% | 61.6% | 54.8% | 49.9% | 50.6% | 42.2% | 34.5% | 52.9% | 40.6% |
| Non-operating income, net | -486.9M | -345M | -6.3M | -7.4M | -11.1M | 652.7M | 670.9M | -1.2B | -380.5M | -186.5M | 30.7M | -252.3M |
| Pretax income | 3.5B | 3.6B | 3.8B | 204.2M | 253.2M | 5B | 5.3B | 3.3B | 3.2B | 3.3B | 4.2B | 3.3B |
| Income tax | 883.6M | 924.7M | 1B | 61.5M | 75.3M | 1.5B | 1.7B | 1B | 1B | 518.6M | 1.3B | 894.4M |
| Net income | 2.6B | 2.6B | 2.8B | 142.7M | 178M | 3.5B | 3.6B | 2.3B | 2.2B | 2.8B | 2.9B | 2.4B |
| Net margin | 40.3% | 43% | 44.3% | 38.1% | 42.9% | 46.4% | 39.8% | 26% | 25.2% | 25.6% | 33% | 24.9% |
| EBITDA | 4.8B | 4.7B | 4.2B | 254.1M | 308.8M | 5.2B | 5.5B | 5.4B | 5B | 5.1B | 5.6B | 4.9B |
| EPS | 83.7 | 81.5 | 90.3 | 84.6 | 102.7 | 112.7 | — | 71.5 | 70.5 | 90.5 | 93.8 | 76.5 |
| Diluted EPS | 83.7 | 81.5 | 90.3 | 84.6 | 102.7 | 112.7 | — | 71.5 | 70.5 | 90.5 | 93.8 | 76.5 |
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 | 89.2B | 113.2B | 93.4B | 116.2B | 102.3B | 127.8B | — | 8.8B | 7.7B | 9.7B | 7.3B |
| Enterprise value | 90.2B | 126.5B | 103.3B | 123.8B | 111B | 132.9B | — | 7.2B | 1B | 34.2B | 2.1B |
| Shares outstanding | 620.2M | 620.1M | 620.1M | 620.1M | 620.1M | 620.1M | 30M | 30M | 30M | 30M | 30M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 24.6 | 16.8 | 18.2 | 20.4 | 48.1 | 20 | — | 0.83 | 0.55 | 0.89 | 13 |
| P/S | 9.15 | 8.99 | 6.06 | 6.91 | 8.1 | 6.81 | — | 0.34 | 0.25 | 0.26 | 0.19 |
| P/B | 3.92 | 3.36 | 2.55 | 3 | 2.45 | 2.79 | — | 0.17 | 0.13 | 0.21 | 3.12 |
| EV/EBITDA | 15.6 | 42.1 | 10.5 | 11.6 | 20.3 | 12.2 | — | 0.39 | 0.05 | 1.58 | 1.89 |
| EV/Sales | 9.25 | 10 | 6.7 | 7.36 | 8.79 | 7.07 | — | 0.28 | 0.03 | 0.92 | 0.97 |
| Earnings yield | 4.07% | 5.96% | 5.48% | 4.89% | 2.08% | 5% | — | 120.9% | 181.5% | 112.6% | 7.68% |
| FCF yield | 3.02% | 4.03% | 6.49% | 5.07% | -0.38% | 5.2% | — | 136.8% | 144.6% | 46.8% | -4.62% |
| PEG | — | — | — | — | — | — | — | — | — | — | 1.84 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 52.7% | 13.4% | 51.1% | 50.7% | 26.5% | 47.5% | 57.8% | 60.3% | 56.9% | 46.6% | 49.5% |
| Operating margin | 50.6% | 11.7% | 50.5% | 50.4% | 26% | 46.1% | 56.7% | 59% | 55.9% | 45.6% | 40.6% |
| Net margin | 37.2% | 53.6% | 33.2% | 33.8% | 16.8% | 34.1% | 42.1% | 41.3% | 44.8% | 29.3% | 26.1% |
| ROE | 16% | 20% | 14% | 14.7% | 5.1% | 14% | 21.7% | 20.7% | 22.8% | 23.5% | 22.8% |
| ROA | 12.4% | 11.9% | 9.11% | 9.88% | 3.52% | 9.72% | 15% | 15.2% | 16.8% | 12.2% | 11.8% |
| ROIC | 15% | 2.53% | 12.4% | 13.6% | 4.84% | 13.4% | 21.2% | 22.3% | 22% | 17.5% | 16.6% |
| Return on tangible assets | -32% | -15.3% | -11.9% | -14% | -4.84% | -15.2% | -31% | -37.8% | -49.9% | -40.8% | 33% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 7.14 | 2.4 | 2.49 | 3.06 | 2.79 | 3.08 | 3.25 | 3.88 | 4.36 | 3.03 | 3.29 |
| Quick ratio | 7.09 | 2.38 | 2.47 | 3.05 | 2.78 | 3.06 | 3.24 | 3.87 | 4.35 | 3.01 | 3.29 |
| Debt / equity | 0.2 | 0.53 | 0.4 | 0.35 | 0.33 | 0.3 | 0.31 | 0.24 | 0.22 | 0.77 | 0.71 |
| Debt / assets | 0.15 | 0.32 | 0.26 | 0.24 | 0.23 | 0.21 | 0.21 | 0.17 | 0.16 | 0.4 | 0.38 |
| Net debt / EBITDA | 0.17 | 4.43 | 1.01 | 0.71 | 1.59 | 0.46 | 0.12 | -0.09 | -0.31 | 1.13 | 1.11 |
| Interest coverage | 40.9 | 14.6 | 6.62 | 8.07 | 4.08 | 10.6 | 17.5 | 14 | 25.6 | 10.7 | 7.48 |
| Effective tax rate | 27.9% | 19.5% | 26% | 25.8% | 25.5% | 21.3% | 24.4% | 27% | 31.1% | 27% | 26.5% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 15.7 | 20.3 | 24.8 | 27.1 | 20.4 | 30.3 | 843.8 | 860.7 | 1K | 1.2K | 1.3K |
| EPS (basic) | 121 | 194.5 | 166.3 | 182.2 | 65.7 | 199.5 | 332.9 | 340.1 | 451.7 | 349.6 | 349.6 |
| EPS (diluted) | 121 | 194.5 | 166.3 | 182.2 | 65.7 | 199.5 | 332.9 | 340.1 | 451.7 | 349.6 | 18.7 |
| Book value per share | 36.7 | 54.3 | 59.1 | 62.5 | 67.2 | 73.8 | 1.6K | 1.7K | 2.1K | 1.5K | 78.1 |
| FCF per share | 4.35 | 7.35 | 9.77 | 9.49 | -0.63 | 10.7 | 358.1 | 402.5 | 372.6 | 151.4 | 194.9 |
| Cash per share | 5.64 | 7.54 | 7.39 | 9.99 | 8.37 | 14.1 | 439.2 | 462.4 | 669.4 | 370.5 | 388 |
| Capex per share | 2.93 | 2.37 | 2.64 | 4.22 | 0 | 0.46 | 0 | 0 | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 18.6% | 11.7% | 10.6% | 15.5% | 0% | 1.52% | 0% | 0% | — | — | — |
| Capex / operating cash flow | 30.8% | 42.7% | 16.3% | 24.5% | 0% | 2.53% | 0% | 0% | — | — | — |
| Payout ratio | 46.4% | 27.4% | 39.7% | 52.8% | 0% | 38.5% | 42.4% | 56% | 44.7% | 219.7% | 30% |
| Dividend yield | 1.89% | 1.63% | 2.18% | 2.58% | 0% | 1.93% | — | 67.7% | 81.2% | 247.4% | 9.44% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| May 27, 2026 | $5.757 |
| May 28, 2025 | $25.714 |
| Jun 25, 2024 | $5.597 |
| May 24, 2024 | $6.4698 |
| Nov 27, 2023 | $5.7114 |
| May 26, 2023 | $5.6528 |
| May 27, 2022 | $7.6538 |
| Sep 29, 2021 | $3.9926 |
| — |
| FY21 | — | $199.5 | — | — | $18.8B | — |
| FY20 | — | $65.7 | — | — | $12.6B | — |
| FY19 | — | $182.2 | — | — | $16.8B | — |
| FY18 | — | $166.3 | — | — | $15.4B | — |
| FY17 | — | $194.5 | — | — | $12.6B | — |
| FY16 | — | $121 | — | — | $9.8B | — |
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4B | $6.2B | $6.3B | $374.9M | $415.2M | $7.5B | $9B | $8.7B | $8.8B | $11B | $8.9B | $9.6B |
| YoY change | +18.9% | -2.58% | +0.7% | -94.8% | -93.6% | +18.1% | +2.3K% | — | +17.1% | +21.6% | — | +9.91% |
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 | 3.5B | 4.7B | 4.6B | 6.2B | 5.2B | 8.8B | 13.2B | 13.9B | 20.1B | 11.1B |
| Receivables | 464.9M | 685.5M | 793.1M | 1B | 1.1B | 1.9B | 2.5B | 2.3B | 2.8B | 2.6B |
| Inventory | 24.4M | 50.2M | 48.7M | 49.7M | 34M | 57.1M | 64.7M | 60.4M | 58.2M | 93.2M |
| Total current assets | 4.2B | 5.8B | 6B | 7.8B | 7.7B | 11.7B | 18.1B | 18.7B | 25.7B | 17.9B |
| Property, plant & equipment | 323.1M | 452.3M | 536.4M | 490.3M | 471.1M | 148.5M | 131.6M | 137.8M | 205.3M | 242.1M |
| Goodwill & intangibles | 40.6B | 100.7B | 99.2B | 98.3B | 104.4B | 107.9B | 105.3B | 98.6B | 111.8B | 116B |
| Total assets | 29.2B | 56.6B | 56.2B | 57.5B | 60.4B | 65.8B | 70.9B | 70.3B | 83.6B | 89.2B |
| Accounts payable | 83.8M | 782.1M | 455.2M | 380.2M | 751.1M | 690M | 538M | 511.7M | 465.2M | 752.2M |
| Short-term debt | 58.3M | 513.8M | 500.1M | 570M | 1.2B | 602.7M | 1.9B | 1.3B | 1.2B | 2B |
| Total current liabilities | 593.2M | 2.4B | 2.4B | 2.6B | 2.8B | 3.8B | 5.6B | 4.8B | 5.9B | 5.9B |
| Long-term debt | 4.4B | 17.5B | 14B | 13.2B | 12.8B | 13.2B | 13.3B | 11B | 12.2B | 33.6B |
| Total liabilities | 6.5B | 22.9B | 19.5B | 18.7B | 18.7B | 20.1B | 21.9B | 18.8B | 22B | 42.8B |
| Shareholders' equity | 22.8B | 33.7B | 36.7B | 38.8B | 41.7B | 45.8B | 49B | 51.6B | 61.6B | 46.4B |
| Total debt | 4.5B | 18B | 14.5B | 13.7B | 13.9B | 13.8B | 15.2B | 12.2B | 13.4B | 35.6B |
| Net debt | 963.1M | 13.3B | 9.9B | 7.5B | 8.7B | 5B | 2.1B | -1.6B | -6.7B | 24.5B |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 15.1B | 14.5B | 16.9B | 756.4M | 939.5M | 18.5B | 20.1B | 19.8B | 16.3B | 11.1B | 13.8B | 11.6B |
| Receivables | 2.5B | 2B | 1.8B | 126.4M | 159.1M | 2.2B | 2.8B | 2B | 1.5B | 2.6B | 3B | 2.6B |
| Inventory | — | — | — | 3.3M | — | — | 58.2M | — | — | 93.2M | — | — |
| Total current assets | 20B | 18.9B | 21.2B | 1B | 1.2B | 23.8B | 25.7B | 25.5B | 21.4B | 17.9B | 21.3B | 18.5B |
| Property, plant & equipment | 164.2M | 163.7M | 167.3M | 7.5M | 10.2M | 229.6M | 205.3M | 250.6M | 251.3M | 242.1M | 320.9M | — |
| Goodwill & intangibles | 50.6B | 49.4B | 49.6B | 5.4B | 2.7B | 52.7B | 111.8B | 54.5B | 54.9B | 116B | 57.8B | 58.7B |
| Total assets | 70.8B | 68.7B | 71.3B | 3.8B | 4.1B | 78.4B | 83.6B | 80.5B | 76.8B | 89.2B | 92.4B | 90B |
| Accounts payable | 245.8M | 246.5M | 225.1M | 27.9M | 13.8M | 281.3M | 465.2M | 254M | 272.6M | 752.2M | 722.2M | 614.5M |
| Short-term debt | 1.8B | 1.9B | 1.1B | 68.5M | 62.4M | 969.6M | 1.2B | 1.1B | 334.1M | 2B | 2B | 1.8B |
| Total current liabilities | 5.6B | 7.8B | 7.1B | 263.2M | 273.6M | 5.1B | 5.9B | 13.8B | 7.9B | 5.9B | 6.3B | 5.6B |
| Long-term debt | 11.7B | 11.3B | 11.3B | 599.3M | 593.7M | 11.7B | 12.2B | 20.6B | 20.9B | 33.6B | 33.4B | 32.6B |
| Total liabilities | 20.3B | 22B | 21.4B | 1B | 1B | 20.5B | 22B | 38.3B | 32.7B | 42.8B | 42.9B | 41.5B |
| Shareholders' equity | 50.5B | 46.7B | 49.8B | 2.8B | 3B | 57.9B | 61.6B | 42.2B | 44.1B | 46.4B | 49.4B | 48.5B |
| Total debt | 13.5B | 13.1B | 12.4B | 667.7M | 656.2M | 12.6B | 13.4B | 21.7B | 21.2B | 35.6B | 35.4B | 34.5B |
| Net debt | -1.6B | -1.3B | -4.5B | -88.6M | -283.4M | -5.9B | -6.7B | 1.9B | 5B | 24.5B | 21.5B | 22.8B |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 5B | 8.4B | 6.9B | 7.7B | 2.9B | 8.1B | 14.1B | 14.6B | 20.4B | 15B |
| Depreciation & amortization | 529.7M | 1.2B | 1.8B | 1.8B | 1.9B | 2B | 2.1B | 2.1B | 2.3B | 3.3B |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | 385.8M | 552.6M | 431.4M | 430.6M | -732M | 549.7M | -961.8M | -102.8M | -988.6M | 1.5B |
| Operating cash flow | 5.9B | 3.4B | 10.1B | 10.7B | 4.7B | 11.3B | 15.6B | 16.4B | 20.9B | 12.3B |
| Capital expenditure | -1.8B | -1.5B | -1.6B | -2.6B | 0 | 286.3M | 0 | 0 | — | — |
| Investing cash flow | -1.5B | -5.2B | -1.6B | -2.7B | 178.9M | 63.1M | -157.1M | -2.3B | 157.9M | -3.7B |
| Dividends paid | -1.7B | -1.8B | -2B | -3B | 0 | -2.5B | -4.5B | -6B | -6.3B | -24B |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -1.7B | 709.8M | -5.3B | -3.4B | -199.3M | -2.5B | -6.1B | -8.2B | -8B | -8.7B |
| Net change in cash | 2.7B | -1.1B | 3.1B | 4.6B | 4.7B | 8.9B | 9.3B | 5.8B | 13.1B | -142.7M |
| Free cash flow | 2.7B | 4.6B | 6.1B | 5.9B | -391.4M | 6.7B | 10.7B | 12.1B | 11.2B | 4.5B |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 3.5B | 3.6B | 3.8B | 204.2M | 253.2M | 5B | 5.3B | 3.3B | 3.2B | 3.3B | 4.2B | 3.3B |
| Depreciation & amortization | 516.7M | 508.4M | 519.9M | 28.6M | 30.4M | 601.5M | 610.8M | 610.9M | 940.9M | 1.1B | 786.4M | 814.6M |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -5M | 92.4M | 212.6M | -22M | -30.3M | 259.2M | -782M | 760.3M | 157.8M | -1.3B | -406.4M | 238.6M |
| Operating cash flow | 4B | 4.2B | 4.5B | 198.1M | 244.7M | 5.6B | 5B | 2.7B | 4.5B | 2.3B | 3.6B | 3.6B |
| Capital expenditure | -143M | -152.9M | -367.4M | 36.2M | -10.2M | -1B | — | — | — | — | — | — |
| Investing cash flow | -207.1M | -489.6M | -429.9M | 36.2M | -5.6M | -1.3B | -127.6M | 1.4B | -62.9M | -5.5B | -33.6M | 78.7M |
| Dividends paid | 0 | -3B | 0 | -163.6M | 0 | 0 | 0 | -15B | -4.5B | -4.5B | 0 | -3B |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -762.3M | -3B | -814M | -166.5M | -8.3M | -127M | -5.3M | -5.5B | -4.6B | 1.5B | -129.3M | -3.3B |
| Net change in cash | 3.1B | 641.2M | 3.3B | 67.8M | 230.8M | 4.2B | 4.9B | -1.4B | -176.4M | -1.6B | 3.5B | 369.5M |
| Free cash flow | 3.7B | 2.9B | 3.3B | 119.3M | 182.8M | 2.8B | 1.9B | 1.3B | 2.6B | -1.6B | 3.1B | 1.7B |