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 27 | $6.49 | $8.89 | +37.0% | — | — | — |
| Q4 26 | $6.01 | $6.97 | +16.0% | — | — | — |
| Q3 26 | $5.75 | $7.75 | +34.8% | — | — | — |
| Q2 26 | $5.77 | $4.66 | -19.2% | — | — | — |
| Q1 26 | $5.55 | $4.72 | -15.0% | — | — | — |
| Q4 25 | $5.34 | $5.66 | +6.0% | — | — | — |
| Q3 25 | $5.26 | $4.99 | -5.1% | — | — | — |
| Q2 25 | $5.34 | $6.13 | +14.8% | — | — | — |
| Q1 25 | $5.09 | $5.48 | +7.7% | — | — | — |
| Q4 24 | $4.57 | $6.02 | +31.7% | — | — | — |
| Q3 24 | $4.46 | $4.73 | +6.1% | — | — | — |
| Q2 24 | $4.27 | $5.57 | +30.4% | — | — | — |
| Q1 24 | $4.14 | $4.4 | +6.3% | — | — | — |
| Q4 23 | $3.38 | $5.16 | +52.7% | — | — | — |
| Q3 23 | $3.73 | $2.99 | -19.8% | — | — | — |
| Q2 23 | $3 | $5.2 | +73.3% | — | — | — |
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 | — | $17.9 | — | — | $23.7B | — |
| FY24 | — | $10.9 | — | — | $22B | — |
| FY23 | — | $13.6 | — | — | $18.3B | — |
| FY22 | — | $7.73 | — | — | $15.9B |
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 | $11.5B | $12.5B | $12.9B | $14.2B | $14.6B | $16.1B | $15.9B | $18.3B | $22B | $23.7B |
| YoY change | +10.6% | +8.63% | +2.88% | +10% | +2.8% | +10.4% | -1.37% | +15.6% | +20.2% | +7.44% |
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 | 11.5B | 12.5B | 12.9B | 14.2B | 14.6B | 16.1B | 15.9B | 18.3B | 22B | 23.7B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | 645.5M | 710M | 786M | 868M | 816M | 936M | 1B | 1.1B | 1.3B | 1.5B |
| Operating income | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 266.6M | 352M | 363M | 392M | 360M | 449M | 527M | 372M | 593M | 907M |
| Pretax income | 1B | 1.1B | 846M | 1.1B | 553M | 1.4B | 718M | 1.2B | 980M | 1.5B |
| Income tax | 342.5M | -679M | 130M | 262M | 138M | 215M | 197M | 251M | 256M | 351M |
| Net income | 701.4M | 1.8B | 716M | 870M | 415M | 1.2B | 521M | 909M | 724M | 1.2B |
| Net margin | 6.09% | 14.6% | 5.56% | 6.14% | 2.85% | 7.28% | 3.29% | 4.96% | 3.28% | 5.02% |
| EBITDA | — | — | — | — | — | — | — | — | — | — |
| EPS | 10.9 | 28.3 | 11.3 | 13.9 | 6.35 | 9.1 | 7.73 | 13.6 | 10.9 | 17.9 |
| Diluted EPS | 10.8 | 27.7 | 11 | 13.6 | 6.31 | 9.04 | 7.64 | 13.4 | 10.7 | 17.7 |
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 | 5.1B | 4.9B | 6.3B | 4.9B | 5.6B | 5.2B | 5.3B | 5.6B | 6.2B | 6.6B | 6.5B | 6.6B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | 274M | 290M | 283M | 301M | 320M | 368M | 302M | 375M | 361M | 431M | 346M | 377M |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 102M | 98M | 149M | 147M | 150M | 147M | 88M | 84M | 436M | 299M | 368M | 377M |
| Pretax income | 380M | 164M | 272M | 269M | 214M | 225M | 369M | 341M | 320M | 510M | 441M | 605M |
| Income tax | 91M | 4M | 60M | 65M | 56M | 75M | 81M | 160M | 65M | 45M | 110M | 141M |
| Net income | 289M | 160M | 212M | 204M | 158M | 150M | 288M | 181M | 255M | 465M | 331M | 464M |
| Net margin | 5.65% | 3.27% | 3.35% | 4.2% | 2.82% | 2.89% | 5.45% | 3.26% | 4.09% | 7.04% | 5.11% | 7.07% |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | 4.34 | 2.4 | 3.2 | 3.07 | 2.37 | 2.26 | 4.33 | 2.72 | 3.85 | 7.07 | 5.04 | 7.07 |
| Diluted EPS | 4.29 | 2.37 | 3.16 | 3.03 | 2.33 | 2.22 | 4.27 | 2.7 | 3.81 | 6.97 | 4.98 | 7.01 |
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 | 8.1B | 10B | 8.9B | 10.2B | 7.6B | 7.4B | 9.5B | 10.7B | 14.1B | 13.4B | 16.5B |
| Enterprise value | -21.4B | -25.9B | -29.6B | -38.8B | -48.8B | -52.5B | -42.5B | 3.1B | 5B | 871.5M | 16.4B |
| Shares outstanding | 64.3M | 64.4M | 63.7M | 62.7M | 65.4M | 67.8M | 66.9M | 66.3M | 65.8M | 65.9M | 65.9M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 11.5 | 5.51 | 12.5 | 11.7 | 18.3 | 6.35 | 18.3 | 11.8 | 19.4 | 11.3 | 11.2 |
| P/S | 0.7 | 0.8 | 0.69 | 0.72 | 0.52 | 0.46 | 0.6 | 0.59 | 0.64 | 0.57 | 0.64 |
| P/B | 1.14 | 1.05 | 1.06 | 0.88 | 0.53 | 0.57 | 1.33 | 1.17 | 1.29 | 0.99 | 1.21 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | 7.08 |
| EV/Sales | -1.85 | -2.07 | -2.3 | -2.74 | -3.35 | -3.27 | -2.68 | 0.17 | 0.23 | 0.04 | 0.63 |
| Earnings yield | 8.67% | 18.1% | 8.02% | 8.51% | 5.48% | 15.8% | 5.48% | 8.47% | 5.15% | 8.87% | 8.95% |
| FCF yield | 17.6% | 19.3% | 17.4% | 22.2% | 43.5% | 56.3% | 14.1% | 37.7% | 66.6% | 30.5% | 59.5% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.07 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 10.6% |
| Net margin | 6.09% | 14.6% | 5.56% | 6.14% | 2.85% | 7.28% | 3.29% | 4.96% | 3.28% | 5.02% | 5.81% |
| ROE | 9.89% | 19% | 8.47% | 7.5% | 2.89% | 8.99% | 7.27% | 9.91% | 6.64% | 8.77% | 11.7% |
| ROA | — | — | — | — | — | — | — | — | 0.61% | 0.76% | 0.95% |
| Return on tangible assets | — | — | — | — | — | — | — | — | 0.61% | 0.76% | 0.91% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | — | — | — | — | — | — | 1.17 |
| Debt / equity | 0.55 | 0.37 | 0.41 | 0.31 | 0.28 | 0.3 | 0.55 | 0.48 | 0.46 | 0.42 | 0.41 |
| Debt / assets | — | — | — | — | — | — | — | — | 0.04 | 0.04 | 0.03 |
| Net debt / EBITDA | — | — | — | — | — | — | — | — | — | — | 0.02 |
| Interest coverage | 8.59 | 8.83 | 6.76 | 7.54 | 4.25 | 11 | 4.76 | 5.51 | 4.22 | 5.21 | 5.74 |
| Effective tax rate | 32.8% | 0% | 15.4% | 23.1% | 25% | 15.5% | 27.4% | 21.6% | 26.1% | 22.8% | 19.2% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 179.3 | 194.3 | 202.3 | 226 | 222.8 | 237.1 | 236.9 | 276.5 | 334.9 | 359.5 | 397.1 |
| EPS (basic) | 10.9 | 28.3 | 11.3 | 13.9 | 6.35 | 9.1 | 7.73 | 13.6 | 10.9 | 17.9 | 17.9 |
| EPS (diluted) | 10.8 | 27.7 | 11 | 13.6 | 6.31 | 9.04 | 7.64 | 13.4 | 10.7 | 17.7 | 22.7 |
| Book value per share | 110.4 | 148.5 | 132.7 | 185.1 | 219.5 | 191.9 | 107.1 | 138.3 | 165.7 | 205.7 | 209.7 |
| FCF per share | 22.1 | 30.1 | 24.4 | 36.3 | 50.4 | 61.7 | 20.1 | 61 | 142.4 | 62.1 | 78.9 |
| Cash per share | 519.2 | 613.8 | 660.2 | 839.7 | 923.4 | 940.6 | 836.2 | 182 | 213.6 | 276.9 | 86.8 |
| Capex per share | 0.69 | 0.68 | 0.46 | 0.54 | 0.43 | 0.28 | 0.37 | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.39% | 0.35% | 0.23% | 0.24% | 0.19% | 0.12% | 0.16% | — | — | — | — |
| Capex / operating cash flow | 5.55% | 5.71% | -41.4% | 3.18% | 4.49% | 1.22% | 2.9% | — | — | — | — |
| Payout ratio | 14.3% | 6.42% | 19.6% | 18.7% | 43.9% | 16.6% | 39.3% | 24.1% | 31.6% | 20.2% | 16.4% |
| Dividend yield | 1.24% | 1.16% | 1.57% | 1.59% | 2.4% | 2.61% | 2.16% | 2.04% | 1.63% | 1.79% | 1.55% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Aug 18, 2026 | $0.98 |
| May 19, 2026 | $0.93 |
| Feb 17, 2026 | $0.93 |
| — |
| FY21 | — | $9.1 | — | — | $16.1B | — |
| FY20 | — | $6.35 | — | — | $14.6B | — |
| FY19 | — | $13.9 | — | — | $14.2B | — |
| FY18 | — | $11.3 | — | — | $12.9B | — |
| FY17 | — | $28.3 | — | — | $12.5B | — |
| FY16 | — | $10.9 | — | — | $11.5B | — |
| 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 | $5.1B | $4.9B | $6.3B | $4.9B | $5.6B | $5.2B | $5.3B | $5.6B | $6.2B | $6.6B | $6.5B | $6.6B |
| YoY change | +27.6% | +12.7% | +50.8% | +17.4% | +9.72% | +6.21% | -16.4% | +14.4% | +11.1% | +27.2% | +22.4% | +18.2% |
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 | 33.4B | 39.5B | 42B | 52.6B | 60.4B | 63.8B | 56B | 12.1B | 14.1B | 18.2B |
| Receivables | 684M | 782M | 758M | 904M | 983M | 2.6B | 2.7B | 5.4B | 5.5B | 7.2B |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 142.6M | 118.6M | 473M | 460M | 426M | 386M | 335M | 308M | 16M | 12M |
| Total assets | — | — | — | — | — | — | — | — | 118.7B | 156.6B |
| Accounts payable | 389M | 488.7M | 487M | 557M | 598M | 613M | 756M | — | — | — |
| Short-term debt | 299.9M | 399.9M | 400M | 400M | 400M | 400M | 400M | 0 | — | — |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 3.6B | 3.2B | 3.1B | 3.2B | 3.6B | 3.4B | 3.6B | 4.4B | 5B | 5.7B |
| Total liabilities | — | — | — | — | — | — | — | — | 107.8B | 143B |
| Shareholders' equity | 7.1B | 9.6B | 8.4B | 11.6B | 14.4B | 13B | 7.2B | 9.2B | 10.9B | 13.6B |
| Total debt | 3.9B | 3.6B | 3.5B | 3.6B | 4B | 3.8B | 4B | 4.4B | 5B | 5.7B |
| Net debt | 2.7B | 2.3B | 1.6B | 2.1B | 553M | 899M | 1B | 1.5B | 1.7B | 1.5B |
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 | 11.6B | 12.1B | 15.5B | 14.8B | 16.2B | 14.1B | 17B | 17.5B | 17.6B | 18.2B | 18.7B | 19.1B |
| Receivables | 2.8B | 5.4B | 5.3B | 5.1B | 5.4B | 5.5B | 5.4B | 5.4B | 5.8B | 7.2B | 6.7B | 6.7B |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | 308M | — | — | — | 16M | — | — | — | 12M | — | — |
| Total assets | — | — | 106B | 109.9B | 120.3B | 118.7B | 128.2B | 133.5B | 152B | 156.6B | 164.1B | 167.1B |
| Accounts payable | 750M | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | — | 0 | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 4.5B | 4.4B | 4.4B | 5.1B | 5.1B | 5B | 5.7B | 5.7B | 5.7B | 5.7B | 6.1B | 5.7B |
| Total liabilities | — | — | — | 100.1B | 109B | 107.8B | 116.7B | 121.3B | 138.9B | 143B | 150.7B | 153.3B |
| Shareholders' equity | 8.2B | 9.2B | 9.6B | 9.8B | 11.2B | 10.9B | 11.5B | 12.1B | 13.1B | 13.6B | 13.4B | 13.8B |
| Total debt | 4.5B | 4.4B | 4.4B | 5.1B | 5.1B | 5B | 5.7B | 5.7B | 5.7B | 5.7B | 6.1B | 5.7B |
| Net debt | 1.6B | 1.5B | -1.5B | 471M | -128M | 1.7B | 583M | 318M | 1.1B | 1.5B | 1.1B | 421M |
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 | 701.4M | 1.8B | 716M | 870M | 415M | 1.2B | 517M | 902M | 717M | 1.2B |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -15M | -1.1B | -784M | 256M | 256M | -71M | 134M | -467M | 30M | -392M |
| Operating cash flow | 804.4M | 770M | -70M | 1.1B | 623M | 1.6B | 862M | 228M | 655M | 4.1B |
| Capital expenditure | -44.6M | -44M | -29M | -34M | -28M | -19M | -25M | — | — | — |
| Investing cash flow | -2.2B | -1.1B | -75M | -2B | -2.6B | -4.5B | -5.4B | -3.2B | -11.3B | -9.8B |
| Dividends paid | -100.4M | -117M | -140M | -163M | -182M | -194M | -205M | -219M | -229M | -240M |
| Share repurchases | -122.9M | -44M | -300M | -101M | -163M | -99M | -81M | -227M | -27M | -174M |
| Financing cash flow | 1B | -266M | -369M | 36M | 1.3B | -11M | 4.2B | -525M | 3.5B | 7.9B |
| Net change in cash | -398.7M | -550M | -514M | -847M | -714M | -2.9B | -294M | -3.5B | -7.2B | 2.1B |
| Free cash flow | 1.4B | 1.9B | 1.6B | 2.3B | 3.3B | 4.2B | 1.3B | 4B | 9.4B | 4.1B |
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 | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating cash flow | — | — | — | — | — | — | — | 820M | 990M | 852M | 2.9B | 484M |
| Capital expenditure | -8M | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 81M | -1.3B | -3.5B | -3.3B | -815M | -3.6B | -1.2B | -487M | -5.5B | -2.7B | -3.5B | -1.3B |
| Dividends paid | -56M | -56M | -56M | -56M | -59M | -58M | -59M | -59M | -61M | -61M | -61M | -61M |
| Share repurchases | -50M | -58M | -16M | -3M | -7M | -1M | -38M | 0 | -75M | -61M | -94M | -52M |
| Financing cash flow | -963M | 46M | 1.1B | 1B | 297M | 985M | 2.1B | 402M | 3.1B | 2.3B | 1.9B | 1.7B |
| Net change in cash | -882M | -1.3B | -2.4B | -2.3B | -518M | -2.6B | 852M | 735M | -1.4B | 488M | 1.3B | 903M |
| Free cash flow | 980M | 1.2B | 5.7B | 967M | 1.1B | 1.6B | 1.4B | 820M | 990M | 852M | 2.9B | 484M |
| Nov 10, 2025 |
| $0.93 |
| Aug 12, 2025 | $0.93 |
| May 13, 2025 | $0.89 |
| Feb 18, 2025 | $0.89 |
| Nov 12, 2024 | $0.89 |