Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise3.7%
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2025
$0.20
$0.13
58.5%
March 31, 2025
$0.23
$0.15
54.1%
Dec. 31, 2024
$0.19
$0.31
-39.5%
Sept. 30, 2024
$0.25
$0.29
-14.9%
March 31, 2024
$0.19
$0.31
-39.5%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement12
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue
$26.12B
$22.65B
$21.48B
$20.54B
$20.98B
$18.63B
$16.24B
$14.93B
$14.02B
$13.10B
$14.95B
Cost of Revenue
$20.46B
$17.76B
$16.58B
·
·
·
·
·
·
·
·
Gross Profit
$5.66B
$4.89B
$4.90B
$4.93B
$4.27B
$5.29B
$4.41B
$3.43B
$3.36B
$2.87B
$3.15B
SG&A Expense
$877M
$825M
$1.08B
$804M
$925M
$809M
$-711M
$724M
$686M
$741M
$671M
Operating Income
$-616M
$-827M
$-1.20B
$-1.98B
$658M
$-1.03B
$-1.10B
$-1.04B
$-1.22B
$-879M
$-1.03B
Interest Expense
$3.14B
$2.34B
$2.27B
$1.95B
$1.25B
$973M
$1.18B
$1.25B
$1.45B
$1.50B
$1.20B
Interest Income
$1.34B
$1.18B
$1.07B
$956M
$902M
$895M
$730M
$814M
$699M
$904M
$770M
Pretax Income
$3.25B
$2.91B
$2.49B
$943M
$4.58B
$5.12B
$2.85B
$1.96B
$1.39B
$1.39B
$1.69B
Income Tax
$578M
$599M
$354M
$-281M
$1.18B
$1.29B
$-676M
$512M
$275M
$520M
$532M
Net Income
$2.69B
$2.80B
$2.33B
$1.15B
$5.05B
$3.91B
$2.06B
$1.44B
$1.12B
$874M
$1.16B
Shares (Basic)
·
·
·
2,736,553,750
2,736,553,750
2,736,553,750
273,655,375
273,655,375
273,655,375
273,655,375,000
273,655,375,000
EBITDA
$-616M
$-827M
$-1.20B
$-2.08B
$-501M
$-22M
$-200M
$-1.04B
$-1.22B
·
·
Balance Sheet13
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Cash & Equivalents
$3.13B
$4.16B
$5.63B
$2.68B
$3.47B
$3.22B
$2.94B
$1.95B
$1.04B
$982M
$1.48B
Receivables
$1.05B
$950M
$570M
$897M
$750M
$514M
$427M
$363M
$409M
$307M
$475M
Inventory
$173M
$136M
$175M
$195M
$198M
$163M
$130M
$116M
$111M
$131M
$131M
Current Assets
$10.88B
$13.04B
$13.72B
$9.33B
$11.19B
$11.41B
$7.91B
$6.68B
$5.70B
$4.24B
$6.82B
PP&E (Net)
$8.15B
$8.52B
$10.83B
$10.07B
$10.14B
$9.50B
$10.59B
$10.84B
$9.83B
$8.93B
$8.69B
Goodwill
·
·
·
$204M
·
·
·
·
·
·
·
Intangibles
$19.21B
$16.62B
$11.17B
$10.28B
$9.22B
$6.93B
$6.33B
$6.03B
$6.45B
$6.46B
$6.15B
Total Assets
$60.41B
$57.38B
$55.82B
$49.70B
$49.54B
$46.78B
$38.31B
$35.93B
$33.16B
$30.29B
$28.84B
Accounts Payable
$147M
$113M
$102M
$105M
$105M
$89M
$73M
$68M
$63M
$66M
$62M
Current Liabilities
$11.06B
$10.34B
$9.31B
$7.16B
$7.98B
$9.65B
$5.35B
$6.70B
$6.11B
$5.66B
$4.79B
Total Liabilities
·
·
·
·
·
·
·
·
$33.16B
$30.29B
$28.84B
Retained Earnings
·
·
·
·
·
·
·
·
$0
·
·
Stockholders' Equity
$23.13B
$25.67B
$23.89B
$20.82B
$21.84B
$19.96B
$17.25B
$16.03B
$15.21B
$14.72B
$14.16B
Cash Flow9
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
D&A
·
·
·
·
$-1.08B
$1.01B
$951M
$749M
$732M
·
·
Other Non-cash
·
·
·
·
$-579M
$-979M
$-212M
·
·
·
·
Operating Cash Flow
$3.03B
$3.39B
$3.52B
$3.90B
$3.39B
$3.94B
$2.95B
$1.77B
$989M
$1.48B
$1.32B
CapEx
·
·
·
$536M
$338M
$226M
$368M
$1.49B
$1.21B
$1.28B
$753M
Investing Cash Flow
$-1.76B
$-5.74B
$-3.14B
$-2.77B
$32M
$-1.67B
$-1.66B
$-2.15B
$-1.58B
$-2.51B
$-1.95B
Dividends Paid
·
·
·
·
·
$626M
$380M
$301M
$506M
$369M
$308M
Financing Cash Flow
$-2.30B
$804M
$2.70B
$-1.92B
$-2.88B
$-1.72B
$-288M
$1.29B
$650M
$536M
$1.37B
Free Cash Flow
·
·
·
$3.37B
$3.05B
$3.71B
$2.40B
$282M
$-216M
·
·
Levered FCF
·
·
·
$963M
$1.48B
$2.99B
$2.39B
$-642M
$-1.38B
·
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Gross Margin
21.7%
21.6%
22.8%
·
·
28.4%
27.6%
23.0%
23.9%
·
·
Operating Margin
-2.4%
-3.6%
-5.6%
·
·
-5.5%
-8.0%
-7.0%
-8.7%
·
·
Net Margin
10.3%
12.4%
10.8%
·
·
21.0%
12.7%
9.7%
8.0%
·
·
Pretax Margin
12.4%
12.8%
11.6%
·
·
27.5%
16.6%
13.1%
9.9%
·
·
EBITDA Margin
-2.4%
-3.6%
-5.6%
·
·
-0.12%
-1.2%
-7.0%
-8.7%
·
·
ROA
4.6%
5.0%
4.4%
2.3%
10.5%
9.2%
5.6%
4.2%
3.5%
·
·
ROE
11.0%
11.3%
10.4%
5.4%
24.2%
21.0%
12.4%
9.2%
7.5%
·
·
ROIC
-2.2%
-2.6%
-4.3%
-12.1%
3.3%
-3.9%
-5.7%
-4.8%
-6.4%
·
·
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Current Ratio
1.0
1.3
1.5
1.3
1.4
1.2
1.5
1.0
0.9
·
·
Quick Ratio
0.4
0.5
0.7
0.5
0.5
0.4
0.6
0.3
0.2
·
·
Interest Coverage
-0.2
-0.4
-0.5
-1.0
0.5
-1.1
-133.7
-0.8
-0.8
·
·
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Asset Turnover
0.4
0.4
0.4
·
·
0.4
0.4
0.4
0.4
·
·
Inventory Turnover
132.1
·
·
·
·
·
·
·
·
·
·
Receivables Turnover
26.1
29.8
23.3
·
·
39.6
41.1
38.7
39.2
·
·
Valuation (TTM)4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue TTM
$26.12B
$22.65B
$21.48B
$20.54B
$20.98B
$18.63B
$16.24B
$14.93B
$14.02B
·
·
Net Income TTM
$2.69B
$2.80B
$2.33B
$1.15B
$5.05B
$3.91B
$2.06B
$1.44B
$1.12B
·
·
Payout Ratio
·
·
·
·
·
16.0%
18.4%
20.8%
45.3%
·
·
Annual Payout
·
·
·
·
·
$626M
$380M
$301M
$506M
·
·
Valuation (TTM)3
Metric
Trend
Q4 2019
Q4 2017
Q4 2016
Q4 2015
Q4 2014
Q4 2013
Q4 2012
Q4 2011
Q4 2010
Q4 2009
Q4 2008
Q4 2007
Q4 2006
Q4 2005
Q4 2004
Q4 2003
Revenue TTM
$16.24B
$14.02B
$13.10B
$14.95B
·
·
·
·
·
·
·
·
·
·
·
·
Net Income TTM
$2.06B
$1.12B
$874M
$1.16B
·
·
·
·
·
·
·
·
·
·
·
·
Annual Payout
$380M
$506M
$369M
$308M
·
·
·
·
·
·
·
·
·
·
·
·
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$26.12B
$22.65B
$21.48B
$20.54B
$20.98B
Gross Margin %
21.7%
21.6%
22.8%
·
·
Operating Margin %
-2.4%
-3.6%
-5.6%
·
·
Net Income
$2.69B
$2.80B
$2.33B
$1.15B
$5.05B
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Current Ratio
1.0
1.3
1.5
1.3
1.4
Quick Ratio
0.4
0.5
0.7
0.5
0.5
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
·
·
·
$3.37B
$3.05B
Institutional owners (13F)
142 filers
· $248.5M total
· As of Sept. 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders142
Value held$248.5M
New positions26
Exited positions14
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
26 (+3 vs prior Q)
14 (+4 vs prior Q)
55 (+10 vs prior Q)
33 (-10 vs prior Q)
-2.1M
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.