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 % |
|---|---|---|---|---|---|---|
| Q1 26 | $5.05 | $5.26 | +4.2% | — | $92.1B | — |
| Q4 25 | $5.17 | $4.73 | -8.5% | — | $111.4B | — |
| Q3 25 | $5.73 | $6.25 | +9.1% | — | — | — |
| Q2 25 | $5.04 | $5.17 | +2.6% | — | $98.9B | — |
| Q1 25 | $4.72 | $4.47 | -5.3% | — | $83.3B | — |
| Q4 24 | $4.19 | $6.73 | +60.6% | — | $101.5B | — |
| Q3 24 | $5.28 | $4.68 | -11.4% | — | $113.5B | — |
| Q2 24 | $4.77 | $5.38 | +12.8% | — | $117.5B | — |
| Q1 24 | $4.9 | $5.2 | +6.1% | — | $91.7B | — |
| Q4 23 | $3.79 | $3.92 | +3.4% | — | $130.2B | — |
| Q3 23 | $4.93 | $4.96 | +0.6% | — | $63.4B | — |
| Q2 23 | $3.99 | $4.62 | +15.8% | — | $125.6B | — |
| Q1 23 | $3.5 | $3.69 | +5.4% | — | $120.2B | — |
| Q4 22 | $4.17 | $3.06 | -26.6% | — | $92.6B | — |
| Q3 22 | $2.92 | $3.53 | +20.9% | — | $63.4B | — |
| Q2 22 | $3.34 | $4.21 | +26.0% | — | $9.3B | — |
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 | — | $31 | — | — | $410.5B | — |
| FY24 | — | $41.3 | — | — | $424.2B | — |
| FY23 | — | $44.3 | — | — | $439.3B | — |
| FY22 | — | -$10.3 | — | — | $234.1B |
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 | $223.4B | $242.1B | $225.4B | $327.2B | $286.3B | $354.7B | $234.1B | $439.3B | $424.2B | $410.5B |
| YoY change | +5.91% | +8.34% | -6.89% | +45.2% | -12.5% | +23.9% | -34% | +87.7% | -3.44% | -3.23% |
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 | 223.4B | 242.1B | 225.4B | 327.2B | 286.3B | 354.7B | 234.1B | 439.3B | 424.2B | 410.5B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 19.3B | 20.6B | 21.9B | 23.2B | 23.3B | 23B | 25.1B | 28.6B | 32.7B | 37.4B |
| Operating expenses | 45.5B | 48.7B | 53.5B | 54B | 52.9B | 57.1B | 63.2B | 117.1B | 70B | 73.9B |
| Operating income | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 159.9B | 169B | 178.3B | 179.6B | 168.5B | 193.1B | 211.9B | 260.6B | 54.1B | 55.2B |
| Pretax income | 33.7B | 23.8B | 4B | 102.7B | 55.7B | 111.9B | -30.5B | 120.2B | 110.4B | 82.5B |
| Income tax | 9.2B | -21.5B | -321M | 20.9B | 12.4B | 20.9B | -8.5B | 23B | 20.8B | 15.2B |
| Net income | 24.4B | 45.4B | 4.3B | 81.8B | 43.3B | 90.9B | -22B | 97.1B | 89.6B | 67.3B |
| Net margin | 10.9% | 18.7% | 1.92% | 25% | 15.1% | 25.6% | -9.4% | 22.1% | 21.1% | 16.4% |
| EBITDA | — | — | — | — | — | — | — | — | — | — |
| EPS | 9.76 | 18.2 | 1.63 | 33.2 | 17.8 | 39.7 | -10.3 | 44.3 | 41.3 | 31 |
| Diluted EPS | 9.76 | 18.2 | 1.63 | 33.2 | 17.8 | 39.7 | -10.3 | 44.3 | 41.3 | 31 |
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 | 63.4B | 130.2B | 91.7B | 117.5B | 113.5B | 101.5B | 83.3B | 98.9B | — | 111.4B | 92.1B | 117.9B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 6.6B | 8.5B | 6.5B | 6.9B | 10B | 10.2B | 9.6B | 9.8B | — | 9.9B | 8.6B | 8.9B |
| Operating expenses | 30B | 31.3B | 27.7B | 28.9B | 19.4B | -15.2B | 18.4B | 18.9B | — | 18.9B | 17.7B | 18.5B |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 66.4B | 66.2B | 63B | 26.1B | 14.2B | -22.3B | 13.6B | 13.3B | — | 13.7B | 14.4B | 14.8B |
| Pretax income | -17B | 46.9B | 15.7B | 38.1B | 32.5B | 24B | 5.1B | 14.8B | — | 24.5B | 12.3B | 32.1B |
| Income tax | -4.4B | 9.2B | 2.9B | 7.6B | 6B | 4.3B | 476M | 2.3B | — | 5.2B | 2.1B | 6.3B |
| Net income | -12.6B | 37.8B | 12.8B | 30.5B | 26.5B | 19.8B | 4.7B | 12.5B | — | 19.3B | 10.2B | 25.8B |
| Net margin | -19.8% | 29% | 14% | 26% | 23.3% | 19.5% | 5.61% | 12.6% | — | 17.3% | 11.1% | 21.9% |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | -5.88 | — | 5.88 | 14.1 | 12.2 | — | 2.13 | 5.73 | 14.3 | — | 4.68 | 11.9 |
| Diluted EPS | -5.88 | — | 5.88 | 14.1 | 12.2 | — | 2.13 | 5.73 | — | — | 4.68 | 11.9 |
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 | 401.9B | 489B | 503.4B | 555.1B | 554.6B | 677.3B | 680.6B | 775.1B | 977.5B | 1.1T | 1.1T |
| Enterprise value | 417.1B | 475.6B | 489.1B | 530.5B | 533.2B | 644.9B | 674.8B | 735.8B | 768.1B | 840.2B | -233.9B |
| Shares outstanding | 2.5B | 2.5B | 2.5B | 2.5B | 2.4B | 2.3B | 2.2B | 2.2B | 2.2B | 2.2B | 2.2B |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 16.5 | 10.8 | 116.5 | 6.79 | 12.8 | 7.45 | — | 7.98 | 10.9 | 16.1 | 12.7 |
| P/S | 1.8 | 2.02 | 2.23 | 1.7 | 1.94 | 1.91 | 2.91 | 1.76 | 2.3 | 2.64 | 2.81 |
| P/B | 1.41 | 1.39 | 1.43 | 1.3 | 1.23 | 1.32 | 1.41 | 1.36 | 1.5 | 1.51 | 0 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -1.79 |
| EV/Sales | 1.87 | 1.96 | 2.17 | 1.62 | 1.86 | 1.82 | 2.88 | 1.67 | 1.81 | 2.05 | -0.61 |
| Earnings yield | 6.08% | 9.27% | 0.86% | 14.7% | 7.8% | 13.4% | — | 12.5% | 9.16% | 6.2% | 7.88% |
| FCF yield | 4.9% | 6.96% | 4.54% | 4.09% | 4.83% | 3.86% | 3.22% | 3.84% | 1.19% | 2.31% | 6.68% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.12 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 32.6% |
| Net margin | 10.9% | 18.7% | 1.92% | 25% | 15.1% | 25.6% | -9.4% | 22.1% | 21.1% | 16.4% | 22.3% |
| ROE | 8.56% | 12.9% | 1.23% | 19.1% | 9.58% | 17.7% | -4.57% | 17% | 13.7% | 9.35% | 12.1% |
| ROA | — | — | — | — | — | — | — | — | 7.76% | 5.5% | 6.01% |
| Return on tangible assets | — | — | — | — | — | — | — | — | 9.77% | 6.8% | 6.8% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | — | — | — | — | — | — | 2.89 |
| Debt / equity | 0.36 | 0.29 | 0.28 | 0.24 | 0.26 | 0.22 | 0.25 | 0.22 | 0.19 | 0.18 | 0.17 |
| Debt / assets | — | — | — | — | — | — | — | — | 0.11 | 0.11 | 0.1 |
| Net debt / EBITDA | — | — | — | — | — | — | — | — | — | — | -1.81 |
| Interest coverage | 10 | 6.44 | 2.04 | 26.9 | 14.6 | 27.8 | -6.01 | 25 | 22.2 | 17.3 | 17.3 |
| Effective tax rate | 27.4% | 0% | 0% | 20.4% | 22.3% | 18.7% | 0% | 19.2% | 18.9% | 18.4% | 18.4% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 90.6 | 98.1 | 91.4 | 133.5 | 119.7 | 156.6 | 106.3 | 202.2 | 196.7 | 190.3 | 267.6K |
| EPS (basic) | 9.76 | 18.2 | 1.63 | 33.2 | 17.8 | 39.7 | -10.3 | 44.3 | 41.3 | 31 | 31 |
| EPS (diluted) | 9.76 | 18.2 | 1.63 | 33.2 | 17.8 | 39.7 | -10.3 | 44.3 | 41.3 | 31 | 39.8 |
| Book value per share | 115.8 | 142.7 | 143 | 174.9 | 188.7 | 227.3 | 218.6 | 262.6 | 302.2 | 333.6 | 522.2K |
| FCF per share | 7.99 | 13.8 | 9.27 | 9.27 | 11.2 | 11.5 | 9.93 | 13.7 | 5.39 | 11.6 | 50.3K |
| Cash per share | 35 | 47 | 45.4 | 52.2 | 57.8 | 64.8 | 58.4 | 77.1 | 155 | 173 | 256.1K |
| Capex per share | 5.25 | 4.75 | 5.9 | 6.52 | 5.44 | 5.86 | 7.02 | 8.93 | 8.8 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 5.8% | 4.84% | 6.45% | 4.88% | 4.54% | 3.74% | 6.61% | 4.42% | 4.47% | — | — |
| Capex / operating cash flow | 49.9% | 104.9% | 6.5K% | 17.4% | 20.3% | 13.3% | -32.8% | 18.1% | 23.9% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | $39.7 | — | — | $354.7B | — |
| FY20 | — | $17.8 | — | — | $286.3B | — |
| FY19 | — | $33.2 | — | — | $327.2B | — |
| FY18 | — | $1.63 | — | — | $225.4B | — |
| FY17 | — | $18.2 | — | — | $242.1B | — |
| FY16 | — | $9.76 | — | — | $223.4B | — |
| 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 | $63.4B | $130.2B | $91.7B | $117.5B | $113.5B | $101.5B | $83.3B | $98.9B | — | $111.4B | $92.1B | $117.9B |
| YoY change | -0.01% | +40.6% | -23.6% | -6.41% | +78.9% | -22.1% | -9.22% | -15.9% | — | +9.83% | +10.5% | +19.2% |
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 | 86.4B | 116B | 111.9B | 128B | 138.3B | 146.7B | 128.6B | 167.6B | 334.2B | 373.3B |
| Receivables | 27.4B | 29.6B | 31.6B | 33.2B | 33.9B | 36.6B | 44.2B | 46.6B | 43.1B | 43.5B |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 227.1B | 228.9B | 226.3B | 227.1B | 206.4B | 204.7B | 214.6B | 227.9B | 237B | 233.8B |
| Total assets | — | — | — | — | — | — | — | — | 1.2T | 1.2T |
| Accounts payable | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 4B | 6.3B | 4.4B | 4.7B | 3.3B | 2.4B | 2.4B | 5.3B | 2.4B | 3.3B |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 97.7B | 96.3B | 93.1B | 98.7B | 113.5B | 111.9B | 120.3B | 122.9B | 122.3B | 125.8B |
| Total liabilities | — | — | — | — | — | — | — | — | 502.2B | 502.5B |
| Shareholders' equity | 285.4B | 352B | 352.5B | 428.6B | 451.3B | 514.9B | 481.7B | 570.8B | 651.7B | 719.7B |
| Total debt | 101.6B | 102.6B | 97.5B | 103.4B | 116.9B | 114.3B | 122.7B | 128.3B | 124.8B | 129.1B |
| Net debt | 73.6B | 71B | 67.1B | 39.2B | 68.9B | 26.1B | 86.9B | 90.2B | 77B | 77.2B |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 147.4B | 157.2B | 167.6B | 189B | 276.9B | 325.2B | 334.2B | 347.7B | 344.1B | 373.3B | 397.4B | 365.5B |
| Receivables | 5.2B | 5.8B | 46.6B | 5.4B | 5.8B | 46.1B | 43.1B | 46.1B | 46.7B | 43.5B | 46.7B | 48.3B |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 231.3B | 230.3B | 227.9B | 227.2B | 226.4B | 226.8B | 237B | 236.7B | 236.7B | 233.8B | 234.9B | 234.2B |
| Total assets | — | — | — | 1.1T | 1.1T | 1.1T | 1.2T | 1.2T | 1.2T | 1.2T | 1.3T | 1.3T |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 3.1B | 2.5B | 5.3B | 2.7B | 2.3B | 2B | 2.4B | 1.9B | 3B | 3.3B | 2.2B | 2.7B |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 122.3B | 122.3B | 122.9B | 120.1B | 121.4B | 122.5B | 122.3B | 124B | 124B | 125.8B | 126.6B | 125.9B |
| Total liabilities | — | — | — | 492.3B | 500.9B | 515.4B | 502.2B | 507.8B | 493.7B | 502.5B | 522.8B | 512.9B |
| Shareholders' equity | 551.8B | 534.7B | 570.8B | 577.8B | 608B | 631.8B | 651.7B | 656.7B | 670.3B | 719.7B | 729.5B | 750.2B |
| Total debt | 125.3B | 124.8B | 128.3B | 122.8B | 123.6B | 124.5B | 124.8B | 125.9B | 127B | 129.1B | 128.9B | 128.6B |
| Net debt | 75.3B | 93.9B | 90.2B | 87.2B | 81.3B | 87.3B | 77B | 83.7B | 26.5B | 77.2B | 70.8B | 88B |
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 | 24.4B | 45.4B | 4.3B | 81.8B | 43.3B | 90.9B | -22B | 97.1B | 89.6B | 67.3B |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | 1.7B | -34.6B | -7.1B | 11.4B | 9.5B | 12.2B | -20.9B | 16B | -9.3B | -1.2B |
| Operating cash flow | 26B | 11.2B | 223M | 92B | 64B | 99.8B | -47.1B | 107.1B | 79.3B | 46B |
| Capital expenditure | -13B | -11.7B | -14.5B | -16B | -13B | -13.3B | -15.5B | -19.4B | -19B | — |
| Investing cash flow | -84.4B | -41.3B | -31.4B | -5.9B | -37.8B | 29.4B | -87.6B | -32.7B | -10.3B | -23.6B |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -1.3B | -4.8B | -24.7B | -27.1B | -7.9B | -9.2B | -2.9B | 0 |
| Financing cash flow | 12.8B | -1.4B | -5.8B | 730M | -18.3B | -28.5B | -1.7B | -14.4B | -10.4B | 2.2B |
| Net change in cash | -45.7B | -31.5B | -37B | 86.8B | 7.9B | 100.7B | -136.4B | 60B | 58.7B | 24.6B |
| Free cash flow | 19.7B | 34B | 22.9B | 22.7B | 26.8B | 26.2B | 21.9B | 29.8B | 11.6B | 25B |
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 | -12.6B | 37.8B | 12.8B | 30.5B | 26.5B | 19.8B | 4.7B | 12.5B | — | 19.3B | 10.2B | 25.8B |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -5.5B | 10.3B | -2.3B | 5.6B | -8.6B | -4B | -4.5B | -3.6B | — | 3.5B | -3.7B | 300M |
| Operating cash flow | -20.5B | 47.5B | 7.7B | 31.5B | 19.5B | 22.1B | 1.7B | 10.1B | — | 11.2B | 10.4B | 11.2B |
| Capital expenditure | -5.3B | -5.7B | -4.4B | -4.5B | -4.7B | -5.3B | -4.3B | — | — | — | — | — |
| Investing cash flow | -28B | -7.4B | -3.2B | -7.1B | -3.9B | 4.3B | -16.4B | 54.1B | -156M | -31.1B | 678M | -18.7B |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -1.1B | -2.2B | -2.6B | -356M | 0 | 0 | 0 | 0 | — | 0 | -235M | -4.2B |
| Financing cash flow | -4.6B | -136M | -9.8B | 854M | -3.1B | 1.7B | 53M | -1.2B | — | 2.5B | 174M | -4.3B |
| Net change in cash | -53.2B | 40.1B | -5.3B | 25.3B | 12.6B | 28B | -14.7B | 63B | -156M | -17.4B | 11.3B | -11.8B |
| Free cash flow | 8.4B | 8.7B | 6.2B | 9.1B | -2.9B | -726M | 6.6B | 5.2B | — | 5B | 5.5B | 5.6B |