Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise0.13%
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
$19.17
$19.57
-2.1%
March 31, 2026
$20.98
$18.76
11.8%
Dec. 31, 2025
$16.14
$18.48
-12.6%
Sept. 30, 2025
$17.74
$17.68
0.36%
June 30, 2025
$16.68
$16.58
0.59%
March 31, 2025
$16.94
$16.49
2.7%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement15
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Revenue
·
·
·
·
·
·
·
·
$10.94B
$10.21B
Cost of Revenue
$14.08B
$13.40B
$12.97B
$12.71B
$11.00B
$8.83B
$8.55B
$7.69B
$7.00B
$6.45B
Gross Profit
$6.08B
$5.87B
$5.59B
$5.50B
$5.32B
$4.73B
$4.23B
$4.11B
$3.94B
$3.76B
R&D Expense
$207M
$153M
$135M
$129M
$124M
$127M
$117M
$110M
$116M
$118M
Operating Income
$4.08B
$4.07B
$3.83B
$3.83B
$3.75B
$3.33B
$2.72B
$2.70B
$2.66B
$2.52B
Interest Expense
$47M
$49M
$56M
$35M
$27M
$26M
$24M
·
·
·
Interest Income
$41M
$38M
$232M
·
·
·
·
·
·
·
Pretax Income
$4.51B
$4.45B
$4.35B
$4.12B
$4.04B
$3.60B
$3.10B
$3.00B
$3.14B
$2.97B
Income Tax
$1.19B
$1.28B
$1.18B
$1.14B
$1.07B
$973M
$757M
$803M
$657M
$834M
Net Income
$3.31B
$3.16B
$3.17B
$2.98B
$2.96B
$2.61B
$2.33B
$2.20B
$2.49B
$2.14B
EPS (Basic)
$0.81
$0.76
$0.77
$0.71
$0.70
$0.62
$0.55
$0.51
$0.55
$0.47
EPS (Diluted)
$0.80
$0.76
$0.76
$0.71
$0.70
$0.61
$0.55
$0.51
$0.55
$0.47
Shares (Basic)
4,112,814,745
4,141,611,738
4,138,568,090
4,180,897,857
4,209,546,724
4,242,416,665
4,257,754,522
4,347,130,157
4,510,664,644
4,571,278,894
Shares (Diluted)
4,120,108,168
4,152,051,184
4,144,680,425
4,187,731,070
4,218,525,134
4,250,732,467
4,265,144,228
4,353,420,772
4,515,147,740
4,572,793,490
EBITDA
$4.64B
$4.64B
$4.40B
$4.35B
$4.22B
$3.77B
$3.13B
$2.98B
$2.95B
·
Balance Sheet11
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Cash & Equivalents
$2.34B
$2.86B
$1.77B
$1.48B
$2.31B
$3.38B
$2.46B
$2.83B
$3.05B
$3.49B
Current Assets
$10.91B
$11.36B
$10.72B
$8.63B
$8.87B
$8.31B
$7.21B
$7.64B
$7.67B
$8.28B
PP&E (Net)
$1.41B
$1.50B
$1.54B
$1.68B
$1.79B
$1.86B
$1.81B
$1.93B
$1.86B
$1.81B
Goodwill
$1.28B
$1.18B
$875M
$882M
$817M
$832M
$699M
$512M
$339M
$563M
Intangibles
$298M
$323M
$167M
$213M
$225M
$283M
$251M
$100M
$38M
$120M
Total Assets
$16.45B
$17.42B
$16.52B
$15.31B
$15.55B
$14.82B
$12.26B
$12.25B
$12.26B
$12.85B
Accounts Payable
$500M
$487M
$474M
$470M
$545M
$362M
·
·
·
·
Current Liabilities
$5.52B
$5.01B
$4.65B
$4.77B
$4.43B
$3.26B
$2.76B
$2.69B
$2.16B
$2.16B
Total Liabilities
$6.61B
$6.16B
$5.92B
$6.09B
$5.56B
$4.32B
$3.56B
$2.85B
$2.29B
$2.22B
Retained Earnings
$13.46B
$13.77B
$12.56B
$11.40B
$11.67B
$12.09B
$11.01B
$11.25B
$11.59B
$12.19B
Stockholders' Equity
$9.79B
$11.21B
$10.56B
$9.17B
$9.94B
$10.44B
$8.65B
$9.39B
$9.96B
$10.64B
Cash Flow9
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
D&A
$552M
$569M
$565M
$524M
$466M
$441M
$407M
$287M
$289M
$254M
Other Non-cash
$174M
$624M
$-584M
$-652M
$-84M
$204M
$-127M
$-224M
$-518M
·
Operating Cash Flow
$4.04B
$4.35B
$3.15B
$2.85B
$3.35B
$3.26B
$2.61B
$2.26B
$2.26B
$2.10B
CapEx
·
·
·
·
·
·
$465M
$349M
$310M
$411M
Investing Cash Flow
$10M
$-361M
$-708M
$-218M
$-1.00B
$-1.13B
$-242M
$-225M
$482M
$-2.55B
Dividends Paid
$2.13B
$2.42B
$1.78B
$1.70B
$1.70B
$1.23B
$1.36B
$1.96B
$1.16B
$1.03B
Financing Cash Flow
$-4.49B
$-2.88B
$-2.12B
$-3.29B
$-3.33B
$-1.32B
$-2.51B
$-2.07B
$-3.20B
$-1.03B
Free Cash Flow
·
·
·
·
·
·
$2.15B
$1.91B
$1.95B
·
Levered FCF
·
·
·
·
·
·
$2.13B
·
·
·
Profitability8
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Gross Margin
·
·
·
·
·
·
·
·
36.0%
·
Operating Margin
·
·
·
·
·
·
·
·
24.3%
·
Net Margin
·
·
·
·
·
·
·
·
22.7%
·
Pretax Margin
·
·
·
·
·
·
·
·
28.7%
·
EBITDA Margin
·
·
·
·
·
·
·
·
27.0%
·
ROA
19.6%
18.6%
19.9%
19.3%
19.5%
19.3%
19.0%
17.9%
19.8%
·
ROE
31.6%
29.0%
32.1%
31.2%
29.1%
27.4%
25.9%
22.7%
24.1%
·
ROIC
30.7%
25.8%
26.5%
30.2%
27.8%
23.2%
23.8%
21.0%
21.1%
·
Liquidity & Solvency3
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Current Ratio
2.0
2.3
2.3
1.8
2.0
2.5
2.6
2.8
3.5
·
Quick Ratio
0.4
0.6
0.4
0.3
0.5
1.0
0.9
0.2
0.2
·
Interest Coverage
86.9
83.1
68.5
109.3
139.1
127.9
113.5
·
·
·
Efficiency1
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Asset Turnover
·
·
·
·
·
·
·
·
0.9
·
Per Share3
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Revenue / Share
·
·
·
·
·
·
·
·
$4.85
·
Cash Flow / Share
$0.98
$1.05
$0.76
$0.68
$0.79
$0.77
$0.61
$0.52
$1.00
·
EPS (TTM)
$0.80
$0.76
$0.76
$0.71
$0.70
$0.61
$0.55
$0.51
$0.55
·
Valuation (TTM)6
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Revenue TTM
·
·
·
·
·
·
·
·
$10.94B
·
Net Income TTM
$3.31B
$3.16B
$3.17B
$2.98B
$2.96B
$2.61B
$2.33B
$2.20B
$2.49B
·
P/E
16.9
24.0
23.6
24.6
35.6
30.7
14.9
21.4
16.2
·
Earnings Yield
5.9%
4.2%
4.2%
4.1%
2.8%
3.3%
6.7%
4.7%
6.2%
·
Payout Ratio
64.4%
76.5%
56.1%
56.9%
57.5%
46.9%
58.3%
88.9%
46.5%
·
Annual Payout
$2.13B
$2.42B
$1.78B
$1.70B
$1.70B
$1.23B
$1.36B
$1.96B
$1.16B
·
Per Share1
Metric
Trend
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
Q4 2002
EPS (TTM)
$0.47
$0.90
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)5
Metric
Trend
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
Q4 2002
Revenue TTM
$10.21B
$9.50B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Net Income TTM
$2.14B
$2.05B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
P/E
16.8
10.6
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Earnings Yield
5.9%
9.5%
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Annual Payout
$1.03B
$1.06B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2026-03-31
2025-03-31
2024-03-31
2023-03-31
2022-03-31
Net Income
$3.31B
$3.16B
$3.17B
$2.98B
$2.96B
Diluted EPS
$0.80
$0.76
$0.76
$0.71
$0.70
Metric
2026-03-31
2025-03-31
2024-03-31
2023-03-31
2022-03-31
Current Ratio
2.0
2.3
2.3
1.8
2.0
Quick Ratio
0.4
0.6
0.4
0.3
0.5
No data for this statement
Not enough fundamentals data to build this statement yet.
Institutional owners (13F)
485 filers
· $5.8B 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.
Holders485
Value held$5.8B
New positions60
Exited positions68
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
60 (-26 vs prior Q)
68 (-2 vs prior Q)
165 (+21 vs prior Q)
161 (-10 vs prior Q)
+92.2M
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.