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 | -$0.29 | -$0.14 | +51.7% | — | $9.8B | — |
| Q4 25 | -$0.51 | -$0.34 | +33.3% | — | $9.5B | — |
| Q2 25 | -$0.17 | -$0.42 | -147.1% | — | $10.1B | — |
| Q1 25 | -$0.01 | $0.02 | +300.0% | — | $10.4B | — |
| Q3 24 | $0.47 | $0.47 | 0.0% | — | $10.9B | — |
| Q2 24 | $0.72 | $0.68 | -5.6% | — | $10.9B | — |
| Q1 24 | $0.45 | $0.56 | +24.4% | — | $10.8B | — |
| Q4 23 | $0.4 | $0.43 | +7.5% | — | $10.6B | — |
| Q3 23 | $0.45 | $0.48 | +6.7% | — | $10.7B | — |
| Q2 23 | $0.71 | $0.75 | +5.6% | — | $11.4B | — |
| Q1 23 | $0.37 | $0.58 | +56.8% | — | $11.9B | — |
| Q4 22 | $0.57 | $0.46 | -19.3% | — | $11.9B | — |
| Q3 22 | $1.15 | $1.11 | -3.5% | — | $14.1B | — |
| Q2 22 | $2.14 | $2.31 | +7.9% | — | $15.7B | — |
| Q1 22 | $2.05 | $2.34 | +14.1% | — | $15.3B | — |
| Q4 21 | $2.03 | $2.15 | +5.9% | — | $14.4B | — |
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 | — | -$3.7 | — | — | $40B | — |
| FY24 | — | $1.57 | — | — | $43B | — |
| FY23 | — | $0.82 | — | — | $44.6B | — |
| FY22 | — | $6.32 | — | — | $56.9B |
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 | $48.2B | $43.7B | $49.6B | $43B | $38.5B | $55B | $56.9B | $44.6B | $43B | $40B |
| YoY change | — | -9.19% | +13.4% | -13.4% | -10.3% | +42.6% | +3.52% | -21.6% | -3.72% | -6.97% |
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 | 48.2B | 43.7B | 49.6B | 43B | 38.5B | 55B | 56.9B | 44.6B | 43B | 40B |
| Cost of revenue | 37.7B | 36.4B | 41.1B | 36.7B | 33.3B | 44.2B | 48.3B | 39.7B | 38.4B | 37.4B |
| Gross profit | 10.5B | 7.4B | 8.5B | 6.3B | 5.2B | 10.8B | 8.6B | 4.9B | 4.6B | 2.5B |
| Gross margin | 21.8% | 16.9% | 17.2% | 14.7% | 13.5% | 19.6% | 15.1% | 10.9% | 10.7% | 6.34% |
| Research & development | 1.6B | 803M | 800M | 765M | 768M | 857M | 851M | 829M | 810M | 752M |
| Selling, general & administrative | 4.1B | 1.8B | 1.8B | 1.6B | 1.5B | 1.6B | 1.7B | 1.6B | 1.6B | 1.4B |
| Operating expenses | 5.7B | 2.6B | 2.6B | 2.4B | 2.2B | 2.5B | 2.5B | 2.5B | 2.4B | 2.1B |
| Operating income | 4.3B | 4.4B | 5.5B | 3.5B | 2.6B | 7.9B | 5.7B | 2.1B | 1.9B | 158M |
| Operating margin | 8.9% | 10% | 11% | 8.2% | 6.63% | 14.3% | 10% | 4.71% | 4.43% | 0.4% |
| Non-operating income, net | 877M | -3.3B | -749M | -3.9B | 304M | 934M | 877M | -927M | 306M | -2B |
| Pretax income | 4.4B | 237M | 3.7B | -1.2B | 2.1B | 8.1B | 6.1B | 656M | 1.6B | -2.5B |
| Income tax | 9M | 1.5B | 809M | 470M | 777M | 1.7B | 1.4B | -4M | 399M | -67M |
| Net income | 4.4B | 595M | 4.8B | -1.3B | 1.3B | 6.4B | 4.6B | 660M | 1.2B | -2.4B |
| Net margin | 9.14% | 1.36% | 9.63% | -2.96% | 3.36% | 11.7% | 8.15% | 1.48% | 2.8% | -6.11% |
| EBITDA | 7.8B | 6.9B | 9.3B | 6.9B | 6.2B | 12.1B | 9.7B | 4.8B | 5.4B | 2.8B |
| EPS | 5.3 | 0.6 | 6.19 | -1.84 | 1.64 | 8.44 | 6.32 | 0.82 | 1.57 | -3.7 |
| Diluted EPS | 5.3 | 0.6 | 6.19 | -1.84 | 1.64 | 8.38 | 6.28 | 0.82 | 1.57 | -3.7 |
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 | 10.7B | 10.6B | 10.8B | 10.9B | 10.9B | 10.4B | 10.4B | 10.1B | 10B | 9.5B | 9.8B | 12.1B |
| Cost of revenue | 9.6B | 9.6B | 9.5B | 9.6B | 9.8B | 9.5B | 9.8B | 9.5B | 9.2B | 8.9B | 9.2B | 9.9B |
| Gross profit | 1.1B | 975M | 1.3B | 1.3B | 1.1B | 935M | 671M | 583M | 731M | 548M | 640M | 2.2B |
| Gross margin | 10.6% | 9.18% | 11.9% | 12.1% | 9.84% | 8.99% | 6.43% | 5.77% | 7.33% | 5.79% | 6.53% | 17.9% |
| Research & development | 197M | 213M | 204M | 196M | 208M | 202M | 200M | 188M | 191M | 173M | 181M | 207M |
| Selling, general & administrative | 380M | 411M | 442M | 390M | 396M | 353M | 366M | 347M | 340M | 339M | 417M | 535M |
| Operating expenses | 577M | 624M | 646M | 586M | 604M | 555M | 566M | 535M | 531M | 512M | 598M | 742M |
| Operating income | 480M | 270M | 550M | 661M | 390M | 304M | 29M | -15M | 154M | -10M | -4M | 1.4B |
| Operating margin | 4.47% | 2.54% | 5.11% | 6.06% | 3.58% | 2.92% | 0.28% | -0.15% | 1.54% | -0.11% | -0.04% | 11.5% |
| Non-operating income, net | 85M | -468M | 33M | 102M | 97M | 74M | -215M | -474M | 90M | -1.4B | -209M | -342M |
| Pretax income | 417M | -352M | 449M | 608M | 324M | 219M | -374M | -659M | 70M | -1.5B | -390M | 871M |
| Income tax | 90M | -257M | -89M | 150M | 84M | 254M | -84M | 142M | -54M | -71M | 55M | 69M |
| Net income | 327M | -95M | 538M | 458M | 240M | -35M | -290M | -801M | 124M | -1.5B | -445M | 802M |
| Net margin | 3.05% | -0.89% | 5% | 4.2% | 2.21% | -0.34% | -2.78% | -7.93% | 1.24% | -15.6% | -4.54% | 6.63% |
| EBITDA | 1.3B | 565M | 1.4B | 1.5B | 1.3B | 1.2B | 820M | 777M | 896M | 354M | 499M | 2.2B |
| EPS | 0.43 | -0.15 | 0.73 | 0.62 | 0.3 | -0.08 | -0.44 | -1.18 | 0.08 | -2.15 | -0.74 | 0.99 |
| Diluted EPS | 0.42 | -0.15 | 0.73 | 0.62 | 0.3 | -0.08 | -0.44 | -1.18 | 0.08 | -2.15 | -0.74 | 0.99 |
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 | — | — | — | 40.6B | 41.1B | 42.2B | 36.3B | 38.7B | 28.2B | 16.6B | 20.1B |
| Enterprise value | — | — | — | 57.4B | 55B | 55.3B | 49.2B | 52.2B | 43.7B | 32.4B | 36.9B |
| Shares outstanding | 750M | 750M | 750M | 742.5M | 740.5M | 743.6M | 721M | 705.7M | 703.8M | 711.6M | 711.6M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | 31.8 | 6.59 | 7.83 | 58.6 | 23.5 | — | 75.9 |
| P/S | — | — | — | 0.95 | 1.07 | 0.77 | 0.64 | 0.87 | 0.66 | 0.42 | 0.49 |
| P/B | — | — | — | 2.88 | 3.16 | 2.25 | 1.71 | 2.03 | 1.58 | 0.95 | 1.27 |
| EV/EBITDA | — | — | — | 8.26 | 8.93 | 4.57 | 5.08 | 10.9 | 8.16 | 11.4 | 9.32 |
| EV/Sales | — | — | — | 1.34 | 1.43 | 1.01 | 0.86 | 1.17 | 1.02 | 0.81 | 0.89 |
| Earnings yield | — | — | — | — | 3.15% | 15.2% | 12.8% | 1.71% | 4.25% | — | 1.32% |
| FCF yield | — | — | — | 9.74% | 11.8% | 11.1% | 14.9% | 7.03% | -0.53% | -8.7% | 1.18% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.41 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 21.8% | 16.9% | 17.2% | 14.7% | 13.5% | 19.6% | 15.1% | 10.9% | 10.7% | 6.34% | 17.9% |
| Operating margin | 8.9% | 10% | 11% | 8.2% | 6.63% | 14.3% | 10% | 4.71% | 4.43% | 0.4% | 11.6% |
| Net margin | 9.14% | 1.36% | 9.63% | -2.96% | 3.36% | 11.7% | 8.15% | 1.48% | 2.8% | -6.11% | -3.13% |
| ROE | — | 2.2% | 14.2% | -9.03% | 9.95% | 34.2% | 21.8% | 3.45% | 6.73% | -13.9% | -5.54% |
| ROA | — | 0.74% | 5.7% | -2.1% | 2.11% | 10.2% | 7.66% | 1.14% | 2.1% | -4.18% | 1.3% |
| ROIC | — | 0% | 8.48% | 11.4% | 5.93% | 19.5% | 12.8% | 6.45% | 4.29% | 0.47% | 4.61% |
| Return on tangible assets | — | 1.45% | 8.59% | -3.59% | 3.5% | 16.1% | 12.1% | 1.81% | 3.27% | -6.17% | -2.32% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.89 | 2.53 | 1.57 | 1.72 | 1.58 | 1.81 | 1.77 | 1.61 | 1.97 | 1.75 |
| Quick ratio | — | 1.31 | 2.09 | 0.99 | 1.2 | 1.02 | 1.19 | 1.16 | 0.98 | 1.25 | 1.14 |
| Debt / equity | — | 0.78 | 0.59 | 1.36 | 1.46 | 0.86 | 0.79 | 0.86 | 0.99 | 1.12 | 1.12 |
| Debt / assets | — | 0.26 | 0.24 | 0.32 | 0.31 | 0.26 | 0.28 | 0.28 | 0.31 | 0.33 | 0.32 |
| Net debt / EBITDA | — | 2.13 | 1.84 | 2.41 | 2.26 | 1.09 | 1.33 | 2.81 | 2.89 | 5.54 | 4.01 |
| Interest coverage | 6.14 | 1.26 | 4.53 | -0.34 | 3.5 | 12.1 | 10.2 | 1.88 | 2.97 | -1.9 | -0.15 |
| Effective tax rate | 0.2% | 100% | 21.6% | 0% | 37.5% | 21.4% | 23.8% | 0% | 24.9% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 64.2 | 58.3 | 66.1 | 57.8 | 52 | 73.9 | 78.9 | 63.2 | 61 | 56.2 | 57.5 |
| EPS (basic) | 5.3 | 0.6 | 6.19 | -1.84 | 1.64 | 8.44 | 6.32 | 0.82 | 1.57 | -3.7 | -3.7 |
| EPS (diluted) | 5.3 | 0.6 | 6.19 | -1.84 | 1.64 | 8.38 | 6.28 | 0.82 | 1.57 | -3.7 | -1.83 |
| Book value per share | — | 36 | 44.8 | 19 | 17.6 | 25.2 | 29.5 | 27.1 | 25.4 | 24.6 | 22 |
| FCF per share | -9.26 | -10.6 | 2.82 | 5.33 | 6.53 | 6.3 | 7.51 | 3.85 | -0.21 | -2.03 | 2.21 |
| Cash per share | — | 8.26 | 3.77 | 3.22 | 6.89 | 4.02 | 5.39 | 4.23 | 3.11 | 5.36 | 5.86 |
| Capex per share | 0.13 | 0.51 | 0 | 0.1 | 1.07 | 1.02 | 0.28 | 0.04 | 0.15 | 3.48 | 3.13 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.2% | 0.87% | 0% | 0.17% | 2.06% | 1.37% | 0.36% | 0.06% | 0.25% | 6.2% | 5.49% |
| Capex / operating cash flow | -32.2% | -6.78% | 0.02% | 1.56% | 12% | 8.38% | 2.89% | 0.59% | 3.69% | 240.2% | 58.6% |
| Payout ratio | 55.9% | 543.7% | 77.7% | -163.9% | 160% | 32.4% | 43.2% | 298.8% | 163.7% | -61% | 700% |
| Dividend yield | — | — | — | 5.13% | 5.04% | 4.92% | 5.52% | 5.1% | 6.96% | 8.96% | 5.02% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Aug 31, 2026 | $0.35 |
| May 29, 2026 | $0.35 |
| Feb 27, 2026 | $0.35 |
| Nov 28, 2025 | $0.35 |
| Aug 29, 2025 | $0.35 |
| May 30, 2025 | $0.70 |
| Feb 28, 2025 | $0.70 |
| Nov 29, 2024 | $0.70 |
| — |
| FY21 | — | $8.44 | — | — | $55B | — |
| FY20 | — | $1.64 | — | — | $38.5B | — |
| FY19 | — | -$1.84 | — | — | $43B | — |
| FY18 | — | $6.19 | — | — | $49.6B | — |
| FY17 | — | $0.6 | — | — | $43.7B | — |
| FY16 | — | $5.3 | — | — | $48.2B | — |
| 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 | $10.7B | $10.6B | $10.8B | $10.9B | $10.9B | $10.4B | $10.4B | $10.1B | $10B | $9.5B | $9.8B | $12.1B |
| YoY change | -24% | -10.4% | -9.16% | -4.42% | +1.39% | -2.03% | -3.1% | -7.43% | -8.33% | -9.08% | -6.11% | +19.7% |
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 | 6.2B | 2.8B | 2.4B | 5.1B | 3B | 3.9B | 3B | 2.2B | 3.8B |
| Receivables | 7.3B | 5.6B | 4.8B | 5.1B | 6.8B | 5.6B | 4.7B | 4.8B | 4.8B |
| Inventory | 8.4B | 6.9B | 6.2B | 5.7B | 7.4B | 7B | 6.1B | 6.5B | 6.6B |
| Total current assets | 27.2B | 39.4B | 16.8B | 19.1B | 20.8B | 20.5B | 17.6B | 16.6B | 18.1B |
| Property, plant & equipment | 17.9B | 16.7B | 18.3B | 17.1B | 16.9B | 16.6B | 17.2B | 18.1B | 18.1B |
| Goodwill & intangibles | 39B | 28.1B | 25.1B | 24.5B | 23.3B | 22.2B | 21.4B | 20.6B | 18.9B |
| Total assets | 79.9B | 83.7B | 60.5B | 61.5B | 63B | 60.6B | 58B | 57.3B | 58.5B |
| Accounts payable | 5.4B | 4.5B | 3.9B | 3.8B | 5.6B | 4.9B | 4.5B | 4.8B | 4.2B |
| Short-term debt | 1.2B | 636M | 1.4B | 1B | 706M | 1B | 508M | 950M | 652M |
| Total current liabilities | 14.4B | 15.5B | 10.7B | 11.1B | 13.2B | 11.3B | 10B | 10.3B | 9.2B |
| Long-term debt | 19.8B | 19.3B | 17.7B | 18B | 15.4B | 15.7B | 15.9B | 16.7B | 18.9B |
| Total liabilities | 52.9B | 50.1B | 46.4B | 48.5B | 44.3B | 39.4B | 38.9B | 39.5B | 41B |
| Shareholders' equity | 27B | 33.6B | 14.1B | 13B | 18.7B | 21.2B | 19.1B | 17.9B | 17.5B |
| Total debt | 21B | 19.9B | 19.2B | 19B | 16.1B | 16.7B | 16.4B | 17.6B | 19.6B |
| Net debt | 14.8B | 17.2B | 16.8B | 13.9B | 13.1B | 12.8B | 13.5B | 15.5B | 15.8B |
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 | — | — | — | — | — | — | — | — | 4.6B | 3.8B | 3.9B | 3.7B |
| Receivables | — | — | — | — | — | — | — | — | 5B | 4.8B | 5.2B | 6.4B |
| Inventory | — | — | — | — | — | — | — | — | 6.7B | 6.6B | 6.8B | 7.2B |
| Total current assets | — | — | — | — | — | — | — | — | 19.6B | 18.1B | 19.5B | 20.9B |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 23.9B | 18.1B | 23.5B | 23.6B |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | 20.5B | 18.9B | 18.7B | 18.6B |
| Total assets | — | — | — | — | — | — | — | — | 61B | 58.5B | 59.8B | 61.6B |
| Accounts payable | — | — | — | — | — | — | — | — | 4.5B | 4.2B | 4.8B | 5.4B |
| Short-term debt | — | 508M | — | — | 723M | — | 968M | — | 870M | 652M | 1.2B | 1.2B |
| Total current liabilities | — | — | — | — | — | — | — | — | 10.1B | 9.2B | 10.5B | 11.9B |
| Long-term debt | — | — | — | — | — | — | — | — | 18.8B | 18.9B | 18.4B | 18.2B |
| Total liabilities | — | — | — | — | — | — | — | — | 41.9B | 41B | 43B | 44.2B |
| Shareholders' equity | — | — | — | — | — | — | — | — | 19.1B | 17.5B | 16.8B | 17.4B |
| Total debt | — | 508M | — | — | 723M | — | 968M | — | 19.6B | 19.6B | 19.6B | 19.4B |
| Net debt | — | — | — | — | — | — | — | — | 15B | 15.8B | 15.8B | 15.7B |
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 | 4.4B | 595M | 4.8B | -1.3B | 1.3B | 6.4B | 4.6B | 660M | 1.2B | -2.4B |
| Depreciation & amortization | 2.9B | 2.5B | 2.9B | 2.9B | 2.9B | 2.8B | 2.8B | 2.6B | 2.9B | 2.8B |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -8.4B | -11.5B | -1.7B | 387M | 1.2B | -1.4B | -786M | 1.1B | -1.6B | -1.2B |
| Operating cash flow | -301M | -5.6B | 4.4B | 4.8B | 6.6B | 9B | 7B | 4.4B | 3B | 1B |
| Capital expenditure | 97M | 382M | 1M | 75M | 794M | -755M | -203M | -26M | 109M | -2.5B |
| Investing cash flow | 8.8B | 9.5B | 210M | -295M | 404M | -1.5B | -1.2B | -574M | 572M | -2.3B |
| Dividends paid | -2.5B | -3.2B | -3.7B | -2.1B | -2.1B | -2.1B | -2B | -2B | -2B | -1.5B |
| Share repurchases | -916M | 0 | 0 | -500M | -125M | -1B | -2.3B | -625M | -494M | 0 |
| Financing cash flow | -4B | -3.3B | -5.5B | -4.1B | -3.4B | -6.2B | -3.4B | -3.4B | -1.2B | 2.4B |
| Net change in cash | 4.4B | 619M | -921M | 425M | 3.7B | 1.3B | 2.4B | 503M | 2.3B | 1.2B |
| Free cash flow | -6.9B | -7.9B | 2.1B | 4B | 4.8B | 4.7B | 5.4B | 2.7B | -151M | -1.4B |
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 | 327M | -95M | 538M | 458M | 240M | -35M | -290M | -801M | 124M | -1.5B | -445M | 802M |
| Depreciation & amortization | 657M | 657M | 720M | 682M | 741M | 751M | 714M | 724M | 688M | 708M | 719M | 664M |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | 829M | 632M | -924M | -388M | -170M | -139M | -610M | -867M | 422M | -143M | 436M | -547M |
| Operating cash flow | 1.7B | 976M | 478M | 836M | 850M | 787M | 30M | -388M | 1.1B | 284M | 1.1B | 1.3B |
| Capital expenditure | -44M | 16M | 2M | 6M | -93M | 194M | 3M | 128M | -564M | -568M | -503M | -632M |
| Investing cash flow | -416M | -324M | 443M | 229M | 45M | -145M | 284M | 101M | -499M | -673M | -452M | -1B |
| Dividends paid | -492M | -491M | -493M | -491M | -490M | -492M | -494M | -496M | -249M | -251M | -252M | -253M |
| Share repurchases | -125M | -125M | -200M | -200M | -94M | 0 | 0 | 0 | 0 | 0 | — | — |
| Financing cash flow | -364M | -838M | 546M | -675M | -661M | -456M | -528M | 1.8B | 1.6B | -455M | -324M | -517M |
| Net change in cash | 901M | -186M | 1.5B | 390M | 234M | 186M | -214M | 1.5B | 2.2B | -844M | 348M | -212M |
| Free cash flow | 1B | 885M | -250M | 113M | -57M | 43M | -594M | -1.1B | 563M | -284M | 621M | 699M |