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 % |
|---|---|---|---|---|---|---|
| Q4 26 | $0.39 | $0.4 | +2.6% | — | — | — |
| Q3 26 | $0.39 | $0.4 | +2.6% | — | — | — |
| Q2 26 | $0.36 | $0.41 | +13.9% | — | — | — |
| Q1 26 | $0.38 | $0.41 | +7.9% | — | $853.5B | — |
| Q4 25 | $0.25 | $0.4 | +60.0% | — | $953.1B | — |
| Q3 25 | $0.25 | $0.38 | +52.0% | — | $652.8B | — |
| Q2 25 | $0.25 | $0.39 | +56.0% | — | $195.6B | — |
| Q1 25 | $0.25 | $0.38 | +52.0% | — | $724.2B | — |
| Q4 24 | $0.71 | $0.84 | +18.3% | — | $255.4B | — |
| Q3 24 | $0.25 | $0.39 | +56.0% | — | $717.7B | — |
| Q2 24 | $0.23 | $0.38 | +65.2% | — | $663.2B | — |
| Q4 23 | $0.39 | $0.39 | 0.0% | — | $282B | — |
| Q3 23 | $0.41 | $0.4 | -2.4% | — | $336.2B | — |
| Q2 23 | $0.36 | $0.35 | -2.8% | — | $308.7B | — |
| Q1 23 | $0.65 | $0.75 | +15.4% | — | $278.4B | — |
| Q4 22 | $0.34 | $0.35 | +2.9% | — | — | — |
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 % |
|---|---|---|---|---|---|---|
| FY26 | — | — | — | — | $1.9T | — |
| FY25 | — | $135 | — | — | $1.8T | — |
| FY24 | — | $266 | — | — | $2T | — |
| FY23 | — | $267.1 | — | — | $1.2T | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $462.1B | $567.8B | $667.6B | $791.7B | $936.7B | $1T | $1.2T | $2T | $1.8T | $1.9T |
| YoY change | +18.7% | +22.9% | +17.6% | +18.6% | +18.3% | +8.83% | +18.2% | +64.8% | -7.46% | +4.73% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 462.1B | 567.8B | 667.6B | 791.7B | 936.7B | 1T | 1.2T | 2T | 1.8T | 1.9T |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 167.3B | 191.8B | 213.6B | 263.9B | 293B | 320.2B | 400.2B | 951.8B | 592B | 628.7B |
| Operating expenses | 167.3B | 191.8B | 213.6B | 263.9B | 293B | 320.2B | 400.2B | 951.8B | 592B | 628.7B |
| Operating income | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — |
| Pretax income | 220B | 277.1B | 340B | 365.8B | 439.8B | 519.2B | 662.4B | 705.5B | 861.5B | 939B |
| Income tax | 79.2B | 98.3B | 119.4B | 105.5B | 113.8B | 132.6B | 166.1B | 77.8B | 175B | 211.9B |
| Net income | 140.7B | 178.8B | 220.6B | 260.4B | 326B | 386.6B | 496.3B | 627.6B | 686.5B | 727.1B |
| Net margin | 30.5% | 31.5% | 33% | 32.9% | 34.8% | 37.9% | 41.2% | 31.6% | 37.3% | 37.8% |
| EBITDA | — | — | — | — | — | — | — | — | — | — |
| EPS | 82.8 | 103.8 | 123.2 | 142.8 | 177.8 | 209.3 | 267.1 | 266 | 135 | — |
| Diluted EPS | 81.9 | 102.5 | 122 | 141.8 | 177.1 | 208.1 | 266 | 132.5 | 134.5 | — |
Revenue, gross profit, operating income, and net income per period.
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 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 308.7B | 336.2B | 282B | 350.7B | 663.2B | 717.7B | 255.4B | 724.2B | 195.6B | 652.8B | 953.1B | 853.5B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 46.3B | 52.8B | 255.1B | 59.5B | 315B | 346.1B | 231.1B | 350.4B | -89.4B | 252.6B | 871.6B | 369.7B |
| Operating expenses | 46.3B | 52.8B | 255.1B | 59.5B | 315B | 346.1B | 231.1B | 350.4B | -89.4B | 252.6B | 871.6B | 369.7B |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | 149.6B | 169.4B | 215.2B | 166B | 209.7B | 212.4B | 117.4B | 227.3B | 207.7B | 239.7B | 154.9B | 208.5B |
| Income tax | 37.9B | 42B | 54.1B | 41.9B | 36.5B | 35.3B | -35.9B | 55.4B | 32.7B | 56.3B | 9.9B | 37.6B |
| Net income | 111.6B | 127.4B | 161.1B | 124B | 173.1B | 177.2B | 153.3B | 171.9B | 175B | 183.4B | 145B | 170.9B |
| Net margin | 36.2% | 37.9% | 57.1% | 35.4% | 26.1% | 24.7% | 60% | 23.7% | 89.5% | 28.1% | 15.2% | 20% |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | 60 | 68.3 | — | 66.5 | 66.7 | 68.2 | 69.6 | 65 | — | 34.7 | 36.9 | 31.8 |
| Diluted EPS | 59.8 | 68 | — | 66.1 | 66.4 | 68 | 69.4 | 64.8 | — | 69 | 36.8 | 63.4 |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 2.8T | 3.7T | 4.5T | 3T | 6.2T | 4.9T | 5.4T | — | 168.9B | — | — |
| Enterprise value | 1.1T | 2.5T | 2.7T | 374.9B | 2.3T | 1.1T | 3.3T | — | -1.7T | — | — |
| Shares outstanding | 147B | 149.1B | 154.9B | 158B | 158.9B | 159.9B | 160.8B | 4.7B | 5.1B | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 19.6 | 20.6 | 20.3 | 11.7 | 18.9 | 12.7 | 10.8 | — | 0.25 | — | — |
| P/S | 5.98 | 6.49 | 6.72 | 3.84 | 6.59 | 4.81 | 4.45 | — | 0.09 | — | — |
| P/B | 2.69 | 3.13 | 2.74 | 1.6 | 2.85 | 1.95 | 1.84 | — | 0.02 | — | — |
| EV/Sales | 2.47 | 4.32 | 4.04 | 0.47 | 2.5 | 1.08 | 2.77 | — | -0.93 | — | — |
| Earnings yield | 5.09% | 4.86% | 4.92% | 8.57% | 5.28% | 7.89% | 9.26% | — | 406.4% | — | — |
| FCF yield | 13.3% | 2.31% | 3.72% | 5.03% | 14.6% | 11.3% | 8.09% | — | 668.5% | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net margin | 30.5% | 31.5% | 33% | 32.9% | 34.8% | 37.9% | 41.2% | 31.6% | 37.3% | 37.8% | 37.8% |
| ROE | 13.7% | 15.2% | 13.5% | 13.7% | 15.1% | 15.4% | 17% | 7.96% | 7.96% | 7.94% | 7.94% |
| ROA | — | — | — | — | — | — | — | 1.42% | 1.42% | 1.38% | 1.38% |
| Return on tangible assets | — | — | — | — | — | — | — | 1.65% | 1.63% | 1.56% | 1.56% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / equity | 1.02 | 1.46 | 1.04 | 0.77 | 0.69 | 0.87 | 1.08 | 1.03 | 0.85 | 0.73 | 0.73 |
| Debt / assets | — | — | — | — | — | — | — | 0.18 | 0.15 | 0.13 | 0.13 |
| Effective tax rate | 36% | 35.5% | 35.1% | 28.8% | 25.9% | 25.5% | 25.1% | 11% | 20.3% | 22.6% | 22.6% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.14 | 3.81 | 4.31 | 5.01 | 5.89 | 6.38 | 7.5 | 421 | 361.6 | — | — |
| EPS (basic) | 82.8 | 103.8 | 123.2 | 142.8 | 177.8 | 209.3 | 267.1 | 266 | 135 | — | — |
| EPS (diluted) | 81.9 | 102.5 | 122 | 141.8 | 177.1 | 208.1 | 266 | 132.5 | 134.5 | — | — |
| Book value per share | 6.99 | 7.89 | 10.6 | 12 | 13.6 | 15.7 | 18.1 | 1.7K | 1.7K | — | — |
| FCF per share | 2.49 | 0.57 | 1.08 | 0.97 | 5.69 | 3.47 | 2.7 | 205.2 | 222.1 | — | — |
| Cash per share | 18.2 | 19.7 | 22.5 | 26.2 | 33.5 | 37.5 | 32.2 | 2.1K | 1.8K | — | — |
| Capex per share | 0.09 | 0.06 | 0.1 | 0.11 | 0.11 | 0.16 | 0.27 | 11.1 | — | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.71% | 1.6% | 2.42% | 2.29% | 1.88% | 2.56% | 3.58% | 2.63% | — | — | — |
| Capex / operating cash flow | 10.1% | 5.57% | 66.6% | 103.9% | 2.21% | 6.23% | 13.2% | 4.76% | — | — | — |
| Payout ratio | 20.8% | 19.3% | 18.6% | 25.5% | 0.05% | 9.37% | 17.4% | 13.8% | 23% | 30.1% | 30.1% |
| Dividend yield | 1.06% | 0.94% | 0.91% | 2.19% | 0% | 0.74% | 1.61% | — | 93.6% | — | — |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Aug 11, 2025 | $0.1878 |
| Jul 31, 2025 | $0.0435 |
| Aug 12, 2024 | $0.174 |
| Aug 14, 2023 | $0.171 |
| May 12, 2023 | $0.6968 |
| Jul 19, 2022 | $0.5805 |
| May 11, 2022 | $0.5805 |
| Jul 20, 2021 | $0.262 |
| FY22 | — | $209.3 | — | — | $1T | — |
| FY21 | — | $177.8 | — | — | $936.7B | — |
| FY20 | — | $142.8 | — | — | $791.7B | — |
| FY19 | — | $123.2 | — | — | $667.6B | — |
| FY18 | — | $103.8 | — | — | $567.8B | — |
| FY17 | — | $82.8 | — | — | $462.1B | — |
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $308.7B | $336.2B | $282B | $350.7B | $663.2B | $717.7B | $255.4B | $724.2B | $195.6B | $652.8B | $953.1B | $853.5B |
| YoY change | +14.2% | — | — | +25.9% | +114.8% | +113.5% | -9.46% | +106.5% | -70.5% | -9.05% | +273.2% | +17.9% |
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 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.7T | 2.9T | 3.5T | 4.1T | 5.3T | 6T | 5.2T | 9.9T | 9.2T | 10.9T |
| Receivables | 67.4B | 77.9B | 97.9B | 325B | 123.7B | 136.5B | 194.5B | 249.9B | 323.2B | 330.2B |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | 39B | 39B | 43.2B | 109.1B | 117.6B | 137.4B | 177.6B | 268.3B | 314.7B | 339.8B |
| Goodwill & intangibles | 149.9B | 149.9B | 149.9B | 149.9B | 149.9B | 149.9B | 149.9B | 6.1T | 6T | 6T |
| Total assets | — | — | — | — | — | — | — | 44.1T | 48.2T | 52.6T |
| Accounts payable | 92.4B | 172B | 167.6B | 183.5B | 221.8B | 234.7B | 319.4B | 531.5B | 576.8B | 653.4B |
| Short-term debt | 322.3B | 779.2B | 654.1B | 377.4B | 239.3B | 554.2B | 1.1T | 1.3T | 1.3T | 1.3T |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 730.9B | 932.9B | 1T | 1.1T | 1.2T | 1.6T | 2.1T | 6.8T | 6T | 5.3T |
| Total liabilities | — | — | — | — | — | — | — | 36.2T | 39.6T | 43.5T |
| Shareholders' equity | 1T | 1.2T | 1.6T | 1.9T | 2.2T | 2.5T | 2.9T | 7.9T | 8.6T | 9.2T |
| Total debt | 1.1T | 1.7T | 1.7T | 1.5T | 1.5T | 2.2T | 3.2T | 8.1T | 7.3T | 6.6T |
| Net debt | 486.5B | 993.1B | 843.2B | 742.8B | 443.1B | 587.4B | 787.9B | 4.7T | 4.1T | 3T |
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 22 | Q2 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 4.8T | 6T | 5.2T | 1.6T | 10.1T | 1.9T | 9.9T | 1.9T | 8T | 2.3T | 9.2T | 2.1T |
| Receivables | 124.5B | 159.6B | 194.5B | — | 240.8B | — | 249.9B | — | 264.2B | — | 323.2B | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | 177.6B | — | — | — | 268.3B | — | — | — | 314.7B | — |
| Goodwill & intangibles | 149.9B | 149.9B | 149.9B | 3B | 6.1T | 0 | 6.1T | 0 | 6T | — | 6T | — |
| Total assets | — | — | — | — | — | 38.8T | 44.1T | 40.1T | 45.7T | 42.3T | 48.2T | 44.6T |
| Accounts payable | 77B | 89.4B | 319.4B | — | 273.9B | — | 531.5B | — | 299.3B | — | 576.8B | — |
| Short-term debt | 420.5B | 953B | 1.1T | — | 1.7T | — | 1.3T | — | 1.5T | — | 1.3T | — |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 1.2T | 1.4T | 2.1T | 2.6T | 6.2T | 8T | 6.8T | 6.7T | 6.1T | 6.5T | 6T | 6T |
| Total liabilities | — | — | — | — | — | 34.3T | 36.2T | 35.2T | 37.5T | 37.1T | 39.6T | 38.9T |
| Shareholders' equity | 2.3T | 2.6T | 2.9T | 3T | 7.4T | 4.5T | 7.9T | 4.9T | 8.2T | 5.2T | 8.6T | 5.6T |
| Total debt | 1.6T | 2.4T | 3.2T | 2.6T | 7.9T | 8T | 8.1T | 6.7T | 7.6T | 6.5T | 7.3T | 6T |
| Net debt | 858.1B | 1.4T | 787.9B | 995.3B | 6.1T | 6.1T | 4.7T | 4.8T | 5.4T | 4.2T | 4.1T | 3.9T |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 140.7B | 178.8B | 220.6B | 260.4B | 326B | 386.6B | 496.3B | 627.6B | 686.5B | 727.1B |
| Depreciation & amortization | 8.9B | 9.7B | 12.2B | 12.8B | 13.9B | 16.8B | 23.5B | 52.3B | 63B | 61.8B |
| Stock-based compensation | 8.2B | 6.6B | 5.3B | 7.5B | 10.6B | 13.9B | 14B | 20.1B | 24.6B | 22.2B |
| Change in working capital | -36.1B | -30.8B | -210.6B | -284B | 452.6B | 11.4B | -223.1B | 436.6B | 1.9B | -399.2B |
| Operating cash flow | 124.6B | 163.1B | 24.2B | 17.4B | 798.2B | 419.6B | 327.6B | 1.1T | 1.2T | 1.1T |
| Capital expenditure | -12.5B | -9.1B | -16.1B | -18.1B | -17.7B | -26.1B | -43.2B | -52.3B | — | — |
| Investing cash flow | -215.4B | -158.7B | -409.9B | -758.8B | -841.5B | -174B | -606.8B | -670.2B | -1.6T | -518.8B |
| Dividends paid | -29.3B | -34.5B | -41B | -66.4B | -166.6M | -36.2B | -86.4B | -86.6B | -158.1B | -219.1B |
| Share repurchases | — | — | — | — | — | — | — | -2.3B | — | — |
| Financing cash flow | 251.7B | 622.7B | 163.6B | -386.7B | 18B | 648.8B | 915B | -31.6B | -967.4B | -914B |
| Net change in cash | 160.9B | 627.1B | -222B | -1.1T | -25.2B | 894.4B | 635.9B | 396.5B | -1.3T | -314.3B |
| Free cash flow | 366.6B | 85.1B | 166.9B | 152.9B | 904B | 554.7B | 433.6B | 968.5B | 1.1T | 1.1T |
| Date | Ratio |
|---|
| Sep 8, 2025 | 2:1 |
| Sep 26, 2019 | 2:1 |
| Jul 25, 2011 | 5:1 |