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 | $1.25 | $1.3 | +4.0% | — | $2.3B | — |
| Q1 26 | $1.09 | $1.13 | +3.7% | — | $2.2B | — |
| Q4 25 | $1.03 | $1.07 | +3.9% | — | $2.2B | — |
| Q3 25 | $1.03 | $1.05 | +1.9% | — | $2.1B | — |
| Q2 25 | $0.88 | $0.92 | +4.5% | — | $2B | — |
| Q1 25 | $0.75 | $0.77 | +2.7% | — | $1.9B | — |
| Q4 24 | $0.83 | $0.85 | +2.4% | — | $2B | — |
| Q3 24 | $0.79 | $0.79 | 0.0% | — | $1.9B | — |
| Q2 24 | $0.79 | $0.82 | +3.8% | — | $2B | — |
| Q1 24 | $0.76 | $0.79 | +3.9% | — | $2B | — |
| Q4 23 | $0.84 | $0.85 | +1.2% | — | $2B | — |
| Q3 23 | $0.91 | $0.89 | -2.2% | — | $2B | — |
| Q2 23 | $1 | $1.04 | +4.0% | — | $2.1B | — |
| Q1 23 | $1.13 | $1.1 | -2.7% | — | $2.1B | — |
| Q4 22 | $1.32 | $1.32 | 0.0% | — | $2.2B | — |
| Q3 22 | $1.27 | $1.3 | +2.4% | — | $2.2B | — |
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 | — | $3.9 | — | — | $8.2B | — |
| FY24 | — | $3.05 | — | — | $7.8B | — |
| FY23 | — | $3.14 | — | — | $8.2B | — |
| FY22 | — | $4.12 | — | — | $8.1B |
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 | $5.3B | $5.7B | $6.1B | $6.5B | $6.9B | $6.6B | $8.1B | $8.2B | $7.8B | $8.2B |
| YoY change | +8.93% | +8.6% | +7.38% | +5.92% | +6.38% | -3.74% | +21.1% | +2.14% | -5.23% | +5.81% |
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 | 5.3B | 5.7B | 6.1B | 6.5B | 6.9B | 6.6B | 8.1B | 8.2B | 7.8B | 8.2B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.9B | 2B | 2.1B | 2.1B | 2.3B | 2.3B | 2.8B | 3.2B | 3B | 3.1B |
| Operating expenses | 1.9B | 2B | 2.1B | 2.1B | 2.3B | 2.3B | 2.8B | 3.2B | 3B | 3.1B |
| Operating income | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — |
| Pretax income | 1.5B | 1.9B | 2.2B | 2.3B | 1.3B | 3B | 2.7B | 2B | 1.9B | 2.3B |
| Income tax | 489M | 260M | 462M | 460M | 241M | 658M | 582M | 422M | 379M | 497M |
| Net income | 1B | 1.7B | 1.7B | 1.8B | 1.1B | 2.3B | 2.1B | 1.6B | 1.5B | 1.8B |
| Net margin | 19.9% | 28.9% | 28.1% | 27.6% | 15.3% | 34.9% | 25.7% | 19.6% | 19.4% | 22.2% |
| EBITDA | — | — | — | — | — | — | — | — | — | — |
| EPS | 1.97 | 3.26 | 3.54 | 3.82 | 2.22 | 5.18 | 4.12 | 3.14 | 3.05 | 3.9 |
| Diluted EPS | 1.97 | 3.25 | 3.52 | 3.81 | 2.22 | 5.16 | 4.1 | 3.13 | 3.03 | 3.86 |
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 | 2B | 2B | 2B | 2B | 1.9B | 2B | 1.9B | 2B | 2.1B | 2.2B | 2.2B | 2.3B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 749M | 981M | 802M | 740M | 727M | 720M | 774M | 764M | 781M | 802M | 829M | 826M |
| Operating expenses | 749M | 981M | 802M | 740M | 727M | 720M | 774M | 764M | 781M | 802M | 829M | 826M |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | 549M | 205M | 430M | 480M | 470M | 508M | 468M | 554M | 629M | 677M | 650M | 755M |
| Income tax | 119M | 16M | 96M | 88M | 88M | 107M | 95M | 118M | 135M | 149M | 133M | 168M |
| Net income | 430M | 189M | 334M | 392M | 382M | 401M | 373M | 436M | 494M | 528M | 517M | 587M |
| Net margin | 21.4% | 9.51% | 17.1% | 20% | 20.1% | 20.3% | 19.3% | 21.4% | 23.3% | 24.5% | 23.8% | 25.7% |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | 0.85 | 0.34 | 0.66 | 0.79 | 0.77 | 0.83 | 0.78 | 0.93 | 1.06 | 1.14 | 1.14 | 1.31 |
| Diluted EPS | 0.85 | 0.34 | 0.65 | 0.78 | 0.77 | 0.83 | 0.77 | 0.92 | 1.05 | 1.13 | 1.13 | 1.3 |
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 | 18.6B | 21.1B | 14.2B | 18.3B | 15.3B | 20.1B | — | 15.7B | 19.7B | 25.3B | 27.3B |
| Enterprise value | 11.2B | 11.4B | 6.6B | 8.4B | -11.8B | -7.8B | — | -12B | -11.7B | -12.7B | 32.2B |
| Shares outstanding | 522.1M | 502.2M | 478.8M | 449.7M | 427.1M | 425.7M | 476M | 475.1M | 450.7M | 433.2M | 433.2M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 17.8 | 12.8 | 8.27 | 10.2 | 14.4 | 8.67 | — | 9.79 | 13.1 | 13.8 | 14.1 |
| P/S | 3.54 | 3.69 | 2.32 | 2.81 | 2.21 | 3.03 | — | 1.91 | 2.53 | 3.07 | 3.35 |
| P/B | 0.94 | 1.04 | 0.68 | 0.82 | 0.67 | 0.86 | — | 0.65 | 0.81 | 0.96 | 1.14 |
| EV/Sales | 2.13 | 2 | 1.07 | 1.29 | -1.71 | -1.17 | — | -1.46 | -1.5 | -1.54 | 3.94 |
| Earnings yield | 5.62% | 7.84% | 12.1% | 9.81% | 6.92% | 11.5% | — | 10.2% | 7.65% | 7.24% | 7.08% |
| FCF yield | 6.38% | 6.85% | 10.8% | 8.77% | -0.05% | 10.7% | — | 17.7% | 9.53% | 8.05% | 6.18% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.35 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 35.1% |
| Net margin | 19.9% | 28.9% | 28.1% | 27.6% | 15.3% | 34.9% | 25.7% | 19.6% | 19.4% | 22.2% | 26.1% |
| ROE | 5.29% | 8.15% | 8.27% | 8.07% | 4.66% | 9.9% | 8.75% | 6.61% | 6.22% | 6.96% | 8.27% |
| ROA | — | — | — | — | — | — | — | — | 0.69% | 0.81% | 0.94% |
| Return on tangible assets | — | — | — | — | — | — | — | — | 0.75% | 0.87% | 0.98% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / equity | 0.81 | 0.67 | 0.77 | 0.63 | 0.37 | 0.3 | 0.67 | 0.57 | 0.51 | 0.43 | 0.01 |
| Debt / assets | — | — | — | — | — | — | — | — | 0.06 | 0.05 | 0.07 |
| Effective tax rate | 31.9% | 13.6% | 21.2% | 20.4% | 18.6% | 22.1% | 21.9% | 20.8% | 20.1% | 21.3% | 21.6% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 10.1 | 11.4 | 12.8 | 14.4 | 16.2 | 15.6 | 16.9 | 17.3 | 17.3 | 19 | 19.1 |
| EPS (basic) | 1.97 | 3.26 | 3.54 | 3.82 | 2.22 | 5.18 | 4.12 | 3.14 | 3.05 | 3.9 | 3.9 |
| EPS (diluted) | 1.97 | 3.25 | 3.52 | 3.81 | 2.22 | 5.16 | 4.1 | 3.13 | 3.03 | 3.86 | 4.59 |
| Book value per share | 37.8 | 40.4 | 43.5 | 49.4 | 53.1 | 55 | 49.8 | 51.2 | 53.8 | 60.8 | 57 |
| FCF per share | 2.27 | 2.87 | 3.21 | 3.56 | -0.02 | 5.05 | 8.39 | 5.87 | 4.17 | 4.7 | 5.51 |
| Cash per share | 44.8 | 46.4 | 49.6 | 53.2 | 83 | 82 | 72.7 | 87.8 | 97.3 | 113.8 | 32.9 |
| Capex per share | 0.26 | 0.5 | 0.48 | 0.21 | — | — | — | — | — | 0.4 | 0.35 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.57% | 4.43% | 3.79% | 1.46% | — | — | — | — | — | 2.11% | 1.7% |
| Capex / operating cash flow | 11.2% | 16% | 15.9% | 7.12% | — | — | — | — | — | 7.87% | 5.92% |
| Payout ratio | 24.4% | 20.3% | 28.2% | 38.1% | 72.8% | 33.8% | 43% | 57.7% | 59.8% | 48.5% | 39.2% |
| Dividend yield | 1.37% | 1.59% | 3.41% | 3.73% | 5.04% | 3.89% | — | 5.89% | 4.58% | 3.51% | 2.84% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Jul 30, 2026 | $0.46 |
| Apr 30, 2026 | $0.46 |
| Feb 4, 2026 | $0.46 |
| Oct 29, 2025 | $0.46 |
| Jul 31, 2025 | $0.42 |
| Apr 30, 2025 | $0.42 |
| — |
| FY21 | — | $5.18 | — | — | $6.6B | — |
| FY20 | — | $2.22 | — | — | $6.9B | — |
| FY19 | — | $3.82 | — | — | $6.5B | — |
| FY18 | — | $3.54 | — | — | $6.1B | — |
| FY17 | — | $3.26 | — | — | $5.7B | — |
| FY16 | — | $1.97 | — | — | $5.3B | — |
| 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 | $2B | $2B | $2B | $2B | $1.9B | $2B | $1.9B | $2B | $2.1B | $2.2B | $2.2B | $2.3B |
| YoY change | -7.49% | -10.9% | -8.08% | -6.45% | -5.51% | -0.6% | -1.07% | +3.98% | +11.3% | +9.16% | +12% | +12.1% |
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 | 23.4B | 23.3B | 23.8B | 23.9B | 35.4B | 34.9B | 34.6B | 41.7B | 43.8B | 49.3B |
| Receivables | — | — | — | 553M | 504M | 506M | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | -83M | -34M | -61M | -87M | -41M | -37M | -35M | 20M | -12M | 14M |
| Goodwill & intangibles | 13.8B | 13.8B | 13.8B | 14.1B | 14.1B | 14.4B | 16.7B | 16.7B | 16.7B | 16.6B |
| Total assets | — | — | — | — | — | — | — | — | 217.5B | 226.4B |
| Accounts payable | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 3.2B | 1.9B | 1.7B | 9M | 12M | 73M | 3M | 505M | 2B | 2B |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 12.8B | 11.8B | 14.4B | 14B | 8.3B | 6.9B | 15.9B | 13.5B | 10.4B | 9.2B |
| Total liabilities | — | — | — | — | — | — | — | — | 193.3B | 200B |
| Shareholders' equity | 19.7B | 20.3B | 20.8B | 22.2B | 22.7B | 23.4B | 23.7B | 24.3B | 24.3B | 26.3B |
| Total debt | 16B | 13.6B | 16.1B | 14.1B | 8.4B | 7B | 15.9B | 14B | 12.4B | 11.3B |
| Net debt | 11.9B | 10.4B | 11.9B | 10.4B | -4.7B | -2.5B | 5B | 1.9B | 1.2B | -2.4B |
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 | 40.4B | 41.7B | 43.1B | 44.2B | 44.2B | 43.8B | 46.3B | 43.8B | 47.6B | 49.3B | 49.4B | 51.2B |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | 20M | — | — | — | -12M | — | — | — | 14M | — | — |
| Goodwill & intangibles | 16.7B | 16.7B | 16.7B | 16.7B | 16.6B | 16.7B | 16.6B | 16.6B | 16.6B | 16.6B | 16.7B | 16.6B |
| Total assets | — | — | 220.4B | 219.9B | 219.7B | 217.5B | 220.1B | 218.3B | 222.7B | 226.4B | 227.9B | 233.8B |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | 232M | 505M | 1.3B | 2M | 2B | 2B | 2B | 2.2B | 2.2B | 2B | 2B | 1.7B |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 17.4B | 13.5B | 12.6B | 13.1B | 12B | 10.4B | 10.3B | 10.5B | 8.5B | 9.2B | 10.3B | 14.7B |
| Total liabilities | — | — | — | 196.1B | 194.8B | 193.3B | 195.3B | 193.1B | 196.9B | 200B | 201.7B | 207.7B |
| Shareholders' equity | 22.9B | 24.3B | 23.8B | 23.9B | 24.9B | 24.3B | 24.9B | 25.2B | 25.8B | 26.3B | 26.2B | 26.2B |
| Total debt | 17.6B | 14B | 13.8B | 13.1B | 14B | 12.4B | 12.3B | 12.8B | 10.7B | 11.3B | 12.3B | 16.3B |
| Net debt | 1.9B | 1.9B | 1.8B | 754M | 2.4B | 1.2B | 88M | 3.5B | -1.7B | -2.4B | -846M | 2.5B |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 1B | 1.7B | 1.7B | 1.8B | 1.1B | 2.3B | 2.1B | 1.6B | 1.5B | 1.8B |
| Depreciation & amortization | 515M | 487M | 489M | 633M | 578M | 625M | 565M | 478M | 498M | 478M |
| Stock-based compensation | 23M | 48M | 41M | 41M | 48M | 59M | 84M | 87M | 97M | 120M |
| Change in working capital | -333M | -621M | -914M | -522M | -3B | -962M | -858M | 273M | -571M | -306M |
| Operating cash flow | 1.2B | 1.6B | 1.5B | 1.3B | -1.5B | 2.7B | 3.7B | 2.3B | 1.3B | 2.2B |
| Capital expenditure | -135M | -253M | -232M | -95M | — | — | — | — | — | -174M |
| Investing cash flow | -2B | -410M | -676M | 608M | -914M | -4.3B | -6.3B | -4.4B | -2.3B | -1.4B |
| Dividends paid | -255M | -336M | -485M | -682M | -770M | -783M | -892M | -928M | -903M | -888M |
| Share repurchases | -430M | -820M | -1B | -1.2B | -270M | -545M | -153M | -906M | -1.4B | -1B |
| Financing cash flow | 2.8B | -3.5B | -3B | -5.3B | -6.5B | -2.6B | 3.8B | -3.7B | -3.4B | -2.7B |
| Net change in cash | 2B | -2.3B | -2.2B | -3.4B | -8.9B | -4.2B | 1.1B | -5.9B | -4.4B | -1.9B |
| Free cash flow | 1.2B | 1.4B | 1.5B | 1.6B | -7M | 2.2B | 4B | 2.8B | 1.9B | 2B |
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 | — | — | — | — | — | — | — | — | 494M | 528M | 517M | 587M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | 119M | 112M | 113M | 99M |
| Stock-based compensation | — | — | — | — | — | — | — | — | 23M | 23M | 33M | 49M |
| Change in working capital | — | — | — | — | — | — | — | — | 670M | -628M | -326M | -116M |
| Operating cash flow | — | — | — | — | — | — | — | — | 1.7B | -158M | 237M | 726M |
| Capital expenditure | — | — | — | — | — | — | — | — | -35M | -92M | 0 | -21M |
| Investing cash flow | — | — | — | — | — | — | — | — | -207M | -134M | -771M | -1.3B |
| Dividends paid | — | — | — | — | — | — | — | — | -217M | -233M | -236M | -231M |
| Share repurchases | — | — | — | — | — | — | — | — | -75M | -525M | -300M | -225M |
| Financing cash flow | -867M | 273M | -496M | -7M | 13M | -15M | 47M | 202M | -2B | -133M | 446M | 3.6B |
| Net change in cash | -867M | 273M | -496M | -7M | 13M | -15M | 47M | 202M | -533M | -425M | -88M | 3B |
| Free cash flow | — | — | — | — | — | — | — | — | 1.7B | -250M | 237M | 705M |
| Jan 31, 2025 | $0.42 |
| Oct 30, 2024 | $0.42 |