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 | -$0.1 | -$0.29 | -190.0% | — | $5.6T | — |
| Q1 26 | -$0.05 | -$0.38 | -660.0% | — | $5.5T | — |
| Q4 25 | $0.12 | -$0.24 | -300.0% | — | $7.2T | — |
| Q3 25 | $0.08 | -$0.01 | -112.5% | — | $7T | — |
| Q2 24 | -$0.39 | -$0.74 | -89.7% | — | $6.7T | — |
| Q1 24 | -$0.57 | -$0.77 | -35.1% | — | $5.3T | — |
| Q4 23 | -$0.06 | $0.06 | +200.0% | — | $7.4T | — |
| Q3 23 | -$0.59 | -$0.82 | -39.0% | — | $4.8T | — |
| Q2 23 | -$0.86 | -$0.9 | -4.7% | — | $4.7T | — |
| Q1 23 | -$0.93 | -$1.27 | -36.6% | — | $4.4T | — |
| Q4 22 | -$0.67 | -$2.04 | -204.5% | — | $7.3T | — |
| Q3 22 | -$0.37 | -$0.83 | -124.3% | — | $6.8T | — |
| Q2 22 | -$0.41 | -$0.43 | -4.9% | — | $5.6T | — |
| Q1 22 | $0.02 | $0.02 | 0.0% | — | $6.5T | — |
| Q4 21 | $0.47 | $0.33 | -29.8% | — | $8.8T | — |
| Q3 21 | $0.44 | $0.29 | -34.1% | — | $7.2T | — |
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 | — | $226.5 | — | — | $25.8T | — |
| FY24 | — | -$2.7K | — | — | $18.5B | — |
| FY23 | — | -$3.7K | — | — | $21.3T | — |
| FY22 | — | -$4.1K | — | — | $26.2T |
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 | $26.5T | $27.8T | $24.3T | $23.5T | $24.3T | $29.9T | $26.2T | $21.3T | $18.5B | $25.8T |
| YoY change | -6.62% | +4.85% | -12.4% | -3.54% | +3.35% | +23.1% | -12.5% | -18.4% | -99.9% | +139.5K% |
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 | 26.5T | 27.8T | 24.3T | 23.5T | 24.3T | 29.9T | 26.2T | 21.3T | 18.5B | 25.8T |
| Cost of revenue | 22.8T | 22.4T | 21.3T | 21.6T | 21.6T | 24.6T | 25T | 21T | 16.7B | 22.4T |
| Gross profit | 3.7T | 5.4T | 3.1T | 1.9T | 2.6T | 5.3T | 1.1T | 345.2B | 1.8B | 3.4T |
| Gross margin | 14.1% | 19.3% | 12.7% | 7.96% | 10.9% | 17.8% | 4.3% | 1.62% | 9.68% | 13.1% |
| Research & development | 1.1T | 1.2T | 1.2T | 1.2T | 1.1T | 1.2T | 1.4T | 1.4T | 1B | 1.4T |
| Selling, general & administrative | 1.3T | 1.7T | 1.8T | 2T | 1.3T | 1.5T | 1.5T | 1.1T | 944M | 1.2T |
| Operating expenses | 2.4T | 2.9T | 3T | 3.2T | 2.4T | 2.7T | 2.9T | 2.5T | 1.9B | 2.6T |
| Operating income | 1.3T | 2.5T | 91.8B | -1.4T | -36.5B | 2.2T | -2.1T | -2.5T | -389.5M | 517B |
| Operating margin | 4.94% | 8.86% | 0.38% | -5.79% | -0.15% | 7.47% | -7.97% | -11.8% | -2.11% | 2% |
| Non-operating income, net | 81.1B | -95.7B | -154.5B | -1.8T | -220.6B | -91.3B | -1.2T | -183.7B | -555.3M | 645.5B |
| Pretax income | 1.3T | 2.3T | -91.4B | -3.3T | -602.4B | 1.7T | -3.4T | -3.3T | -1.5B | 501.7B |
| Income tax | 384.7B | 395.6B | 88.1B | -472.2B | -526.3B | 385.3B | -237.8B | -762.7B | 151.3M | 197.9B |
| Net income | 931.5B | 1.9T | -179.4B | -2.9T | -76.1B | 1.3T | -3.2T | -2.6T | -1.7B | 303.8B |
| Net margin | 3.51% | 6.97% | -0.74% | -12.2% | -0.31% | 4.46% | -12.2% | -12.1% | -9.05% | 1.18% |
| EBITDA | 4.4T | 5.8T | 3.7T | 2.3T | 4.2T | 6.8T | 2.8T | 1.8T | 3.2B | 5T |
| EPS | 1.2K | 2.4K | -278.7 | -3.8K | -120.3 | 1.6K | -4.1K | -3.7K | -2.7K | 226.5 |
| Diluted EPS | 1.2K | 2.4K | -278.7 | -3.8K | -120.3 | 1.5K | -4.1K | -3.7K | -2.7K | 226.5 |
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 | 4.8T | 7.4T | 5.3T | 6.7T | 4.7B | 5.4B | 6.1T | 5.6T | 7T | 7.2T | 5.5T | 5.6T |
| Cost of revenue | 4.7T | 6.5T | — | 6.1T | 4.1B | 4.8B | 5.3T | 5.1T | 5.8T | 6.2T | 4.8T | 4.8T |
| Gross profit | 37.3B | 863.9B | 217.9B | 613.6B | 580.3M | 625.8M | 742.8B | 507.7B | 1.1T | 985.7B | 765.5B | 764.1B |
| Gross margin | 0.78% | 11.7% | 4.15% | 9.15% | 12.4% | 11.5% | 12.2% | 9.09% | 16.4% | 13.7% | 13.8% | 13.6% |
| Research & development | 346.1B | 340.7B | 339.7B | 343.9B | 266.7M | 261.6M | 351.1B | 338B | 344.3B | 377.4B | 332.3B | 330.4B |
| Selling, general & administrative | 270.4B | 311.2B | — | 276.9B | 313M | 253.3M | 292.6B | 227.1B | 302.1B | 374.3B | 227.5B | 485.6B |
| Operating expenses | 616.6B | 651.9B | 339.7B | 620.8B | 579.7M | 514.9M | 643.6B | 565.1B | 646.4B | 751.7B | 559.8B | 816B |
| Operating income | -662.1B | 131.7B | -469.4B | -93.7B | -55.5M | 57.7M | 33.5B | -116B | 431B | 168.5B | 146.7B | -107.7B |
| Operating margin | -13.8% | 1.78% | -8.94% | -1.4% | -1.18% | 1.06% | 0.55% | -2.08% | 6.2% | 2.34% | 2.65% | -1.92% |
| Non-operating income, net | -168.5B | 96.9B | — | -116.6B | 62.3M | -307.2M | -1.3B | 1.3T | -240.7B | -387B | -530.2B | -208.9B |
| Pretax income | -1T | 19B | -989.3B | -432.6B | -142.6M | -390.7M | -148.5B | 991.9B | 29.9B | -371.6B | -522.2B | -459.1B |
| Income tax | -231.1B | -31.6B | -228.1B | 38.2B | 90.1M | 192.3M | 88.5B | 101.1B | 28.6B | -20.4B | 53.5B | -40.3B |
| Net income | -775.4B | 50.5B | -761.3B | -470.8B | -232.7M | -583M | -237B | 890.8B | 1.2B | -351.2B | -575.7B | -418.8B |
| Net margin | -16.2% | 0.68% | -14.5% | -7.02% | -4.96% | -10.7% | -3.91% | 15.9% | 0.02% | -4.88% | -10.4% | -7.46% |
| EBITDA | 404.5B | 1.3T | 508.2B | -10.8B | 804.2M | 925.4M | 1.2T | 1.1T | 1.4T | 1.2T | 1.2T | 889.8B |
| EPS | -968.4 | 65.4 | -1K | -506.5 | -355 | — | -262.5 | 866 | -20.5 | — | -570.5 | -404.5 |
| Diluted EPS | -968.4 | 65.4 | -1K | -506.5 | -355 | — | -262.5 | 866 | -20.5 | — | -570.5 | -404.5 |
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 | 13.9T | 14.9T | 8.9T | 7.5T | 9.1T | 10.9T | 5.4T | 5.1T | — | — | 3B |
| Enterprise value | 16T | 17.2T | 15T | 17.7T | 19.1T | 20.1T | 18.3T | 19.5T | — | — | 9.7B |
| Shares outstanding | 1.1T | 1.1T | 1.1T | 1.1T | 1.1T | 1.1T | 1.1T | 1.1T | 694.8K | 1B | 1B |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 14.9 | 7.7 | — | — | — | 8.21 | — | — | — | — | 32.1 |
| P/S | 0.53 | 0.54 | 0.36 | 0.32 | 0.38 | 0.37 | 0.21 | 0.24 | — | — | 0 |
| P/B | 1.03 | 1 | 0.6 | 0.6 | 0.72 | 0.74 | 0.47 | 0.58 | — | — | 0.65 |
| EV/EBITDA | 3.62 | 2.99 | 4.06 | 7.58 | 4.57 | 2.97 | 6.62 | 11 | — | — | 3.33 |
| EV/Sales | 0.6 | 0.62 | 0.62 | 0.76 | 0.79 | 0.67 | 0.7 | 0.91 | — | — | 0.52 |
| Earnings yield | 6.69% | 13% | — | — | — | 12.2% | — | — | — | — | 3.11% |
| FCF yield | -3.59% | -1.9% | -44.4% | -63.3% | -7.33% | 18.1% | -53.9% | -48.2% | — | — | 16.5% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.22 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 14.1% | 19.3% | 12.7% | 7.96% | 10.9% | 17.8% | 4.3% | 1.62% | 9.68% | 13.1% | 13.6% |
| Operating margin | 4.94% | 8.86% | 0.38% | -5.79% | -0.15% | 7.47% | -7.97% | -11.8% | -2.11% | 2% | -1.92% |
| Net margin | 3.51% | 6.97% | -0.74% | -12.2% | -0.31% | 4.46% | -12.2% | -12.1% | -9.05% | 1.18% | -5.34% |
| ROE | 6.92% | 12.9% | -1.21% | -23% | -0.6% | 9.03% | -28.2% | -29.4% | -29.8% | 3.88% | -17.6% |
| ROA | 3.74% | 6.64% | -0.54% | -8.07% | -0.22% | 3.5% | -8.95% | -7.21% | -7.33% | 1.13% | 1.44% |
| ROIC | 5.98% | 11.8% | 0.44% | -5.99% | -0.16% | 7.23% | -8.59% | -10.9% | -2.71% | 1.65% | 3.25% |
| Return on tangible assets | 4.03% | 7.09% | -0.58% | -8.49% | -0.23% | 3.82% | -9.93% | -8% | -8.1% | 1.27% | -5.26% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.49 | 1.17 | 0.88 | 0.93 | 1.01 | 0.94 | 0.68 | 0.68 | 0.64 | 0.73 | 0.64 |
| Quick ratio | 1.16 | 0.9 | 0.61 | 0.75 | 0.81 | 0.7 | 0.47 | 0.5 | 0.47 | 0.46 | 0.37 |
| Debt / equity | 0.35 | 0.37 | 0.57 | 1.09 | 1.11 | 0.86 | 1.33 | 1.89 | 1.81 | 1.62 | 1.76 |
| Debt / assets | 0.19 | 0.19 | 0.26 | 0.38 | 0.4 | 0.33 | 0.42 | 0.46 | 0.44 | 0.47 | 0.49 |
| Net debt / EBITDA | 0.46 | 0.4 | 1.67 | 4.37 | 2.38 | 1.36 | 4.68 | 8.14 | 2.7 | 2.25 | 2.59 |
| Interest coverage | 12.6 | 26.8 | -0.13 | -18.4 | -0.63 | 4.96 | -7.28 | -3.62 | -1.41 | 1.71 | -1.11 |
| Effective tax rate | 29.2% | 17% | 0% | 0% | 0% | 22.4% | 0% | 0% | 0% | 39.4% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 24.5 | 25.7 | 22.5 | 21.7 | 22.4 | 27.6 | 24.1 | 20 | 26.6K | 25.8K | 25.3K |
| EPS (basic) | 1.2K | 2.4K | -278.7 | -3.8K | -120.3 | 1.6K | -4.1K | -3.7K | -2.7K | 226.5 | 226.5 |
| EPS (diluted) | 1.2K | 2.4K | -278.7 | -3.8K | -120.3 | 1.5K | -4.1K | -3.7K | -2.7K | 226.5 | -0.99 |
| Book value per share | 12.4 | 13.8 | 13.7 | 11.5 | 11.8 | 13.6 | 10.4 | 8.24 | 8.1K | 7.8K | 4.61 |
| FCF per share | -0.46 | -0.26 | -3.64 | -4.4 | -0.62 | 1.82 | -2.68 | -2.32 | -504.8 | 245 | 742.3 |
| Cash per share | 2.53 | 3.06 | 2.2 | 3.09 | 3.9 | 3.29 | 1.94 | 2.12 | 2K | 1.6K | 1.6K |
| Capex per share | 3.19 | 5.94 | 7.2 | 6.08 | 1.98 | 2.84 | 4.53 | 2.82 | 1.9K | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 13% | 23.1% | 32.1% | 28.1% | 8.86% | 10.3% | 18.8% | 14.1% | 7.07% | — | — |
| Capex / operating cash flow | 97.9% | 100.2% | 170.1% | -404.4% | 61.7% | 61% | 156.5% | 117.5% | 63.1% | — | — |
| Payout ratio | 19.2% | 9.24% | -99.7% | 0% | 0% | 0% | -7.28% | 0% | 0% | — | 0% |
| Dividend yield | 1.29% | 1.2% | 2.02% | 0% | 0% | 0% | 4.33% | 0% | — | — | — |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Dec 30, 2021 | $0.263 |
| Dec 28, 2017 | $0.234 |
| Dec 28, 2016 | $0.2195 |
| Dec 29, 2015 | $0.215 |
| Dec 29, 2014 | $0.2282 |
| Dec 29, 2010 | $0.23 |
| Dec 29, 2009 | $0.2232 |
| Dec 29, 2008 | $0.1856 |
| — |
| FY21 | — | $1.6K | — | — | $29.9T | — |
| FY20 | — | -$120.3 | — | — | $24.3T | — |
| FY19 | — | -$3.8K | — | — | $23.5T | — |
| FY18 | — | -$278.7 | — | — | $24.3T | — |
| FY17 | — | $2.4K | — | — | $27.8T | — |
| FY16 | — | $1.2K | — | — | $26.5T | — |
| 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 | $4.8T | $7.4T | $5.3T | $6.7T | $4.7B | $5.4B | $6.1T | $5.6T | $7T | $7.2T | $5.5T | $5.6T |
| YoY change | -29.3% | +1.29% | +19.1% | +41.6% | -99.9% | -99.9% | +15.5% | -16.7% | +148.1K% | +132.2K% | -8.76% | +0.45% |
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 | 2.7T | 3.3T | 2.4T | 3.3T | 4.2T | 3.6T | 2.1T | 2.3T | 1.4B | 1.6T |
| Receivables | 3.9T | 3.3T | 2.3T | 2.6T | — | — | — | — | 2.5B | 2.4T |
| Inventory | 2.3T | 2.4T | 2.7T | 2.1T | 2.2T | 3.4T | 2.9T | 2.5T | 1.9B | 2.5T |
| Total current assets | 10.5T | 10.5T | 8.8T | 10.2T | 11.1T | 13.2T | 9.4T | 9.5T | 7B | 7T |
| Property, plant & equipment | 5.7T | 9.7T | 15.1T | 14.7T | 12.7T | 12T | 12.2T | 10T | 4.6B | 4.2T |
| Goodwill & intangibles | 1.8T | 1.8T | 2T | 1.7T | 2T | 3.3T | 3.5T | 3.5T | 2.2B | 3T |
| Total assets | 24.9T | 29.2T | 33.2T | 35.6T | 35.1T | 38.2T | 35.7T | 35.8T | 22.8B | 26.9T |
| Accounts payable | 2.9T | 2.9T | 3.1T | 2.6T | 3.8T | 4.8T | 4.1T | 4.2T | 2.9B | 3.3T |
| Short-term debt | 667.9B | 1.5T | 1.6T | 2T | 3.1T | 4T | 5.5T | 5.2T | 4.5B | 3.8T |
| Total current liabilities | 7.1T | 9T | 10T | 11T | 11T | 14T | 14T | 13.9T | 11B | 9.6T |
| Long-term debt | 4.1T | 4.2T | 7T | 11.6T | 11T | 8.7T | 9.6T | 11.4T | 5.6B | 8.9T |
| Total liabilities | 11.4T | 14.2T | 18.3T | 23.1T | 22.3T | 23.4T | 24.4T | 27T | 17.2B | 19.1T |
| Shareholders' equity | 13.5T | 15T | 14.9T | 12.5T | 12.7T | 14.8T | 11.3T | 8.8T | 5.6B | 7.8T |
| Total debt | 4.8T | 5.6T | 8.6T | 13.6T | 14.2T | 12.7T | 15.1T | 16.6T | 10.1B | 12.7T |
| Net debt | 3.2T | 3T | 6.2T | 10.2T | 9.9T | 9.2T | 13.2T | 14.3T | 8.7B | 11.2T |
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 | 3.3T | 2.3T | 3.3T | 2.4T | 1.2B | 1.4B | 991.6B | 1.7T | 1.6T | 1.6T | 1.5T | 1.5T |
| Receivables | 2.4T | — | 2.9T | 3.7T | 2.1B | 2.5B | 3.4T | 2.2T | 3.3T | 2.4T | 2.2T | 2.2T |
| Inventory | 3.3T | 2.5T | 3.4T | 3.1T | 2.3B | 1.9B | 3T | 2.9T | 3.1T | 2.5T | 2.8T | 3.1T |
| Total current assets | 10.5T | 9.5T | 10.2T | 9.8T | 6.8B | 7B | 10.2T | 7.3T | 8.4T | 7T | 7.1T | 7.4T |
| Property, plant & equipment | — | 10T | — | — | — | 4.6B | — | — | — | 4.2T | — | — |
| Goodwill & intangibles | 1.7T | 3.5T | 1.7T | 1.8T | 1.1B | 2.2B | 1.5T | 1.6T | 1.5T | 3T | 1.8T | 1.9T |
| Total assets | 37.5T | 35.8T | 36.1T | 35.1T | 22.8B | 22.8B | 32T | 28T | 28.7T | 26.9T | 27.3T | 27.5T |
| Accounts payable | 4.7T | 4.2T | 4.4T | 4.4T | 2.8B | 2.9B | 4.3T | 3.7T | 4.4T | 3.3T | 2.7T | 3.2T |
| Short-term debt | 5.4T | 5.2T | 5.9T | 6T | 4.3B | 4.5B | 7T | 5.5T | 5.4T | 3.8T | 4.9T | 6.1T |
| Total current liabilities | 14.6T | 13.9T | 13.9T | 14.4T | 10.4B | 11B | 15.9T | 11.8T | 12.1T | 9.6T | 9.7T | 11.6T |
| Long-term debt | 12.1T | 11.4T | 11.2T | 10.2T | 5.9B | 5.6B | 7.6T | 8T | 8.1T | 8.9T | 8.9T | 7.3T |
| Total liabilities | 28.6T | 27T | 26.6T | 25.9T | 17.1B | 17.2B | 24.2T | 20.4T | 20.8T | 19.1T | 19.5T | 19.9T |
| Shareholders' equity | 8.9T | 8.8T | 9.5T | 9.2T | 5.7B | 5.6B | 7.8T | 7.6T | 7.9T | 7.8T | 7.8T | 7.6T |
| Total debt | 17.6T | 16.6T | 17.1T | 16.2T | 10.2B | 10.1B | 14.7T | 13.5T | 13.5T | 12.7T | 13.8T | 13.5T |
| Net debt | 14.6T | 14.3T | 14.5T | 14.2T | 9B | 8.7B | 13.7T | 11.8T | 12T | 11.2T | 12.3T | 12T |
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 | 931.5B | 1.9T | -179.4B | -2.9T | -76.1B | 1.3T | -3.2T | -2.6T | -1.7B | 303.8B |
| Depreciation & amortization | 3T | 3.2T | 3.6T | 3.7T | 4.1T | 4.5T | 4.6T | 4.2T | 3.6B | 4.4T |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -1.1T | 947.7B | 1.1T | -2.1T | -314.6B | -1.7T | 1.8T | 1.1T | -579.8M | -2.3T |
| Operating cash flow | 3.5T | 6.4T | 4.6T | -1.6T | 3.5T | 5T | 3.1T | 2.6T | 2.1B | 2.4T |
| Capital expenditure | -3.5T | -6.4T | -7.8T | -6.6T | -2.1T | -3.1T | -4.9T | -3T | -1.3B | — |
| Investing cash flow | -2.8T | -6T | -7.2T | -6.2T | -2T | -3.6T | -5.9T | -1.9T | -405M | 1T |
| Dividends paid | -178.9B | -178.9B | -178.9B | 0 | 0 | 0 | -232.6B | 0 | 0 | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -1.2T | 211.6B | 540.9B | 2.3T | -2.9T | -9.2T | -4.8T | -9.2T | -7.8B | -12.3T |
| Net change in cash | -524.4B | 588.6B | -2.1T | -5.6T | -1.3T | -7.8T | -7.6T | -8.5T | -6.2B | -8.9T |
| Free cash flow | -500.2B | -282.7B | -3.9T | -4.8T | -669.9B | 2T | -2.9T | -2.5T | -350.7M | 245B |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -698.8B | -775.4B | 50.5B | -761.3B | -232.7M | -583M | -237B | 890.8B | 1.2B | -351.2B | -575.7B | -418.8B |
| Depreciation & amortization | 1T | 1T | 1.1T | 1.3T | 855.1M | 849.9M | 1.2T | 1.2T | 992.8B | 993.5B | 994.3B | 980.1B |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | 743.2B | 553.1B | -545.2B | -426.9B | 326.2M | -208.9M | -270.9B | -1.5T | -794.4B | 240.4B | -617.4B | 362.1B |
| Operating cash flow | 973.1B | 737.2B | 795.2B | 49.2B | 1.1B | 482.6M | 935.4B | 700.8B | 463.8B | 918B | 66.4B | 1.1T |
| Capital expenditure | -881.3B | -588.1B | -600.2B | -864.9B | -356.1M | -195.8M | -303B | — | — | — | — | — |
| Investing cash flow | -682.2B | -98.6B | -386.2B | -504.7B | -88.5M | -120.1M | -231.1B | 846.6B | 33.8B | 47.7B | 57.9B | 67.9B |
| Dividends paid | — | 0 | 0 | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -2.9T | -2T | -3.4T | -439.4B | -1.3B | -2.5B | -1T | -5.1T | -2T | -4.1T | -500.1B | -4T |
| Net change in cash | -2.6T | -1.3T | -3T | -894.9B | -319.4M | -2.1B | -327.9B | -3.6T | -1.5T | -3.1T | -375.8B | -2.8T |
| Free cash flow | -320.9B | 254.7B | -383.3B | -1.5T | -16.5M | 635.5M | 45.9B | -919B | 92B | 1T | -730B | 354.2B |