Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise2.9%
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
$0.33
$0.13
151.3%
Dec. 31, 2025
$0.22
$0.20
10.4%
June 30, 2025
$0.29
$0.16
79.5%
June 30, 2023
$0.17
$0.41
-58.9%
Dec. 31, 2022
$0.05
$0.28
-82.3%
June 30, 2022
$0.05
$0.28
-82.3%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement16
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$7.52B
$7.21B
$6.59B
$6.06B
$4.93B
$5.34B
$5.10B
$4.49B
$4.32B
$4.05B
Cost of Revenue
$4.67B
$4.42B
$4.11B
$3.85B
$2.97B
$3.08B
$2.76B
$2.44B
$2.17B
$2.14B
Gross Profit
$2.86B
$2.79B
$2.48B
$2.21B
$1.96B
$2.26B
$2.34B
$2.05B
$2.15B
$1.91B
R&D Expense
$426M
$384M
$395M
$361M
$355M
$294M
$276M
$241M
$288M
$198M
SG&A Expense
$1.18B
$1.25B
$1.37B
$1.20B
$1.06B
$986M
$943M
$815M
$860M
$775M
Operating Income
$1.24B
$1.19B
$782M
$782M
$595M
$996M
$1.13B
$994M
$1.00B
$939M
Interest Expense
$625M
$714M
$597M
$478M
$268M
$250M
$343M
$293M
$263M
$245M
Interest Income
$34M
$44M
$62M
$34M
$12M
$8M
$114M
$14M
$10M
$10M
Pretax Income
$615M
$444M
$206M
$338M
$350M
$879M
$817M
$726M
$696M
$713M
Income Tax
$115M
$231M
$43M
$90M
$85M
$170M
$168M
$131M
$34M
$168M
Net Income
$402M
$157M
$42M
$185M
$189M
$619M
$625M
$597M
$663M
$545M
EPS (Basic)
$0.59
$0.23
$0.06
$0.27
$0.28
$0.90
$0.91
$0.87
$0.97
$0.80
EPS (Diluted)
$0.59
$0.23
$0.06
$0.27
$0.28
$0.90
$0.91
$0.87
$0.97
$0.80
Shares (Basic)
680,512,566
679,668,551
679,756,294
679,805,142
681,556,937
685,515,740
685,115,836
684,709,377
684,197,276
683,225,815
Shares (Diluted)
681,573,145
679,916,715
677,101,992
679,292,729
681,404,922
685,142,749
684,719,195
684,686,164
684,243,891
684,170,887
EBITDA
$1.69B
$1.63B
$1.24B
$1.21B
$955M
$1.32B
$1.43B
$1.22B
$1.22B
·
Balance Sheet12
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Cash & Equivalents
$793M
$975M
$523M
$548M
$655M
$445M
$742M
$592M
$231M
$425M
Receivables
$769M
$836M
$767M
$739M
$500M
$520M
$491M
$404M
$386M
$534M
Inventory
$3.30B
$3.56B
$3.48B
$3.24B
$2.26B
$2.00B
$2.34B
$1.95B
$1.63B
$1.64B
Current Assets
$5.07B
$5.73B
$6.13B
$4.69B
$5.51B
$3.16B
$5.36B
$3.48B
$2.95B
$3.12B
PP&E (Net)
$3.12B
$3.34B
$3.25B
$3.30B
$2.55B
$2.32B
$2.16B
$1.95B
$1.76B
$1.81B
Goodwill
$6.83B
$7.40B
$6.80B
$7.01B
$6.23B
$5.33B
$5.51B
$5.21B
$4.59B
$3.64B
Intangibles
$2.73B
$2.93B
$2.83B
$2.95B
$1.64B
$1.56B
$1.43B
$1.39B
$1.27B
$1.20B
Total Assets
$19.71B
$21.41B
$20.99B
$21.23B
$19.23B
$15.27B
$15.54B
$12.48B
$10.92B
$10.13B
Accounts Payable
$1.12B
$1.12B
$971M
$919M
$785M
$746M
$753M
$724M
$572M
$612M
Current Liabilities
$2.02B
$2.16B
$2.33B
$2.02B
$3.47B
$1.34B
$1.37B
$1.26B
$978M
$1.07B
Total Liabilities
$12.11B
$12.80B
$13.48B
$13.25B
$11.92B
$8.55B
$8.70B
$7.78B
$7.29B
$6.40B
Stockholders' Equity
$5.27B
$5.88B
$5.37B
$5.65B
$5.52B
$5.11B
$4.82B
$4.23B
$3.63B
$3.72B
Cash Flow9
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
D&A
$450M
$438M
$447M
$411M
$360M
$322M
$302M
$229M
$215M
$202M
Other Non-cash
$195M
$307M
$-293M
$-627M
$48M
$170M
$-359M
$-88M
$-36M
·
Operating Cash Flow
$1.05B
$902M
$217M
$-1M
$597M
$1.11B
$569M
$737M
$842M
$553M
CapEx
$265M
$233M
$224M
$284M
$247M
$280M
$310M
$232M
$252M
$249M
Investing Cash Flow
$-579M
$886M
$-394M
$-2.00B
$-854M
$-858M
$-549M
$-782M
$-2.19B
$-507M
Dividends Paid
$128M
$1M
$0
$592.0K
$259M
$113M
$239M
·
·
·
Financing Cash Flow
$-529M
$-1.36B
$172M
$-165M
$2.30B
$-354M
$-332M
$153M
$1.43B
$-330M
Free Cash Flow
$782M
$670M
$-1M
$-277M
$350M
$830M
$259M
$505M
$590M
·
Levered FCF
$274M
$327M
$-483M
$-650M
$139M
$629M
$-14M
$265M
$340M
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Gross Margin
38.0%
38.8%
37.8%
36.8%
39.8%
42.2%
45.9%
45.7%
49.8%
·
Operating Margin
16.5%
16.5%
12.1%
13.3%
12.1%
18.6%
22.2%
22.2%
23.2%
·
Net Margin
5.3%
2.2%
0.90%
3.4%
3.8%
11.6%
12.3%
13.3%
15.3%
·
Pretax Margin
8.2%
6.2%
3.4%
6.0%
7.1%
16.4%
16.0%
16.2%
16.1%
·
EBITDA Margin
22.5%
22.6%
18.8%
20.0%
19.4%
24.7%
28.1%
27.3%
28.2%
·
ROA
2.0%
0.74%
0.28%
1.0%
1.1%
4.0%
4.5%
5.1%
6.3%
·
ROE
7.2%
2.8%
1.0%
3.6%
3.5%
12.5%
13.8%
15.2%
18.0%
·
ROIC
19.2%
9.7%
11.1%
9.9%
8.2%
15.7%
18.6%
19.3%
26.3%
·
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Current Ratio
2.5
2.7
2.8
2.4
1.6
2.4
3.9
2.8
3.0
·
Quick Ratio
0.8
0.8
0.6
0.7
0.3
0.7
0.9
0.8
0.6
·
Interest Coverage
2.0
1.7
1.3
1.6
2.1
4.0
3.3
3.4
3.8
·
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Asset Turnover
0.4
0.3
0.3
0.3
0.3
0.3
0.4
0.4
0.4
·
Inventory Turnover
1.4
1.3
1.2
1.4
1.4
1.4
1.3
1.4
1.3
·
Receivables Turnover
9.4
9.0
8.8
9.8
9.7
10.6
11.4
11.4
9.4
·
Per Share3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue / Share
$11.04
$10.61
$9.74
$8.93
$7.24
$7.79
$7.45
$6.55
$6.31
·
Cash Flow / Share
$1.54
$1.33
$0.31
$-0.02
$0.88
$1.62
$0.83
$1.08
$1.23
·
EPS (TTM)
$0.59
$0.23
$0.06
$0.27
$0.28
$0.90
$0.91
$0.87
$0.97
·
Valuation (TTM)6
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue TTM
$7.52B
$7.21B
$6.59B
$6.06B
$4.93B
$5.34B
$5.10B
$4.49B
$4.32B
·
Net Income TTM
$402M
$157M
$42M
$185M
$189M
$619M
$625M
$597M
$663M
·
P/E
15.8
32.3
192.7
31.5
40.1
20.5
25.6
21.1
23.6
·
Earnings Yield
6.3%
3.1%
0.52%
3.2%
2.5%
4.9%
3.9%
4.7%
4.2%
·
Payout Ratio
31.8%
0.61%
0.00%
0.28%
137.2%
·
·
·
·
·
Annual Payout
$128M
$1M
$0
$592.0K
$259M
$113M
$239M
·
·
·
Per Share1
Metric
Trend
Q4 2018
Q4 2016
Q4 2015
Q4 2014
Q4 2013
Q4 2012
Q4 2011
Q4 2010
EPS (TTM)
$0.87
$0.80
$0.78
·
·
·
·
·
Valuation (TTM)4
Metric
Trend
Q4 2018
Q4 2016
Q4 2015
Q4 2014
Q4 2013
Q4 2012
Q4 2011
Q4 2010
Revenue TTM
$4.49B
$4.05B
$3.93B
·
·
·
·
·
Net Income TTM
$597M
$545M
$532M
·
·
·
·
·
P/E
21.1
20.1
20.8
·
·
·
·
·
Earnings Yield
4.7%
5.0%
4.8%
·
·
·
·
·
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
$7.52B
$7.21B
$6.59B
$6.06B
$4.93B
Gross Margin %
38.0%
38.8%
37.8%
36.8%
39.8%
Operating Margin %
16.5%
16.5%
12.1%
13.3%
12.1%
Net Income
$402M
$157M
$42M
$185M
$189M
Diluted EPS
$0.59
$0.23
$0.06
$0.27
$0.28
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Current Ratio
2.5
2.7
2.8
2.4
1.6
Quick Ratio
0.8
0.8
0.6
0.7
0.3
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$782M
$670M
$-1M
$-277M
$350M
Institutional owners (13F)
177 filers
· $1.0B total
· As of June 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.
Holders177
Value held$1.0B
New positions16
Exited positions36
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
16 (-14 vs prior Q)
36 (+19 vs prior Q)
55 (-17 vs prior Q)
69 (+15 vs prior Q)
-3.7M
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.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership
Held by 3 ETFs
20
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.