Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-4.4%
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
$4.21
$4.29
-1.7%
Dec. 31, 2025
$3.75
$3.87
-3.0%
June 30, 2025
$2.96
$3.33
-11.2%
Dec. 31, 2024
$3.16
$3.20
-1.4%
June 30, 2024
$3.54
$3.72
-4.8%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement13
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$57.64B
$53.66B
$54.04B
$55.55B
$63.49B
$44.61B
$43.16B
$40.52B
$40.03B
$33.78B
R&D Expense
$524M
$398M
$245M
$76M
$65M
$45M
$45M
$45M
$58M
$60M
Operating Income
$14.94B
$15.65B
$14.82B
$19.93B
$29.82B
$16.83B
$11.47B
$17.69B
$14.13B
$6.79B
Interest Expense
$1.06B
$763M
$967M
$335M
$243M
$268M
$554M
$552M
$848M
$1.11B
Interest Income
$465M
$514M
$536M
$179M
$64M
$141M
$300M
$249M
$141M
$89M
Pretax Income
$14.57B
$15.62B
$13.79B
$18.66B
$30.83B
$15.39B
$11.12B
$18.17B
$12.82B
$6.34B
Income Tax
$4.32B
$4.04B
$3.83B
$5.61B
$8.24B
$4.99B
$4.15B
$4.24B
$3.96B
$1.57B
Net Income
$9.97B
$11.55B
$10.06B
$12.39B
$21.11B
$9.77B
$8.01B
$13.64B
$8.76B
$4.62B
EPS (Basic)
$6.14
$7.12
$6.20
$7.65
$13.05
$6.04
$4.91
$7.93
$490.40
$256.90
EPS (Diluted)
$6.08
$7.07
$6.17
$7.60
$12.96
$6.00
$4.88
$7.88
$486.92
$255.30
Shares (Basic)
1,624,000,000
1,623,100,000
1,621,400,000
1,619,800,000
1,618,400,000
1,617,400,000
1,630,100,000
1,719,300,000
1,786,700,000
1,797,300,000
Shares (Diluted)
1,638,000,000
1,633,400,000
1,631,500,000
1,629,600,000
1,628,900,000
1,628,600,000
1,642,100,000
1,731,700,000
1,799,500,000
1,808,600,000
EBITDA
$14.94B
$15.65B
$14.82B
$19.93B
$34.51B
$21.11B
$15.85B
$21.70B
$18.51B
·
Balance Sheet13
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Cash & Equivalents
$2.55B
$2.33B
$1.84B
$1.89B
$1.34B
$1.15B
$978M
$740M
$1.03B
$956M
Receivables
$5.00B
$4.24B
$3.94B
$3.48B
$3.57B
$3.64B
$3.03B
$3.18B
$3.44B
$3.46B
Inventory
$6.97B
$5.86B
$6.66B
$6.21B
$5.44B
$3.92B
$3.46B
$3.45B
$3.47B
$2.94B
Current Assets
$21.57B
$19.12B
$21.51B
$18.97B
$24.43B
$20.86B
$17.30B
$20.17B
$18.68B
$15.05B
PP&E (Net)
$82.89B
$67.34B
$65.29B
$63.73B
$63.79B
$62.01B
$56.31B
$56.36B
$62.09B
$58.85B
Goodwill
$2.95B
$727M
$797M
$826M
$879M
$946M
$922M
$912M
$1.04B
$951M
Intangibles
$5.23B
$2.80B
$4.39B
$3.65B
$2.83B
$2.75B
$2.64B
$2.78B
$3.12B
$3.28B
Total Assets
$128.10B
$102.79B
$103.55B
$96.77B
$102.90B
$97.39B
$87.80B
$90.95B
$95.73B
$89.26B
Accounts Payable
$10.13B
$8.18B
$8.24B
$8.05B
$7.73B
$7.42B
$6.48B
$6.60B
$7.06B
$6.36B
Current Liabilities
$14.93B
$11.74B
$12.74B
·
·
·
·
·
$11.22B
$9.36B
Total Liabilities
$61.08B
$44.82B
$47.21B
$44.03B
$46.31B
$45.49B
$42.56B
$41.13B
$44.61B
$43.53B
Retained Earnings
$46.58B
$42.54B
$38.35B
$35.02B
$33.34B
$26.79B
$23.39B
$27.02B
$23.76B
$21.63B
Stockholders' Equity
$62.20B
$55.25B
$54.59B
$50.63B
$51.43B
$47.57B
$40.53B
$43.69B
$44.71B
$39.29B
Cash Flow5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
D&A
·
·
·
·
$4.70B
$4.28B
$4.38B
$4.01B
$4.38B
$4.79B
Other Non-cash
·
·
·
·
$-446M
$1.83B
$2.52B
$-5.83B
$747M
·
Operating Cash Flow
$16.83B
$15.60B
$15.16B
$16.13B
$25.34B
$15.88B
$14.91B
$11.82B
$13.88B
$8.46B
Investing Cash Flow
$-19.34B
$-9.59B
$-6.96B
$-6.71B
$-7.16B
$-6.56B
$-5.50B
$1.32B
$-2.37B
$-2.10B
Financing Cash Flow
$2.79B
$-7.09B
$-5.28B
$-15.47B
$-15.86B
$-7.13B
$-12.22B
$-12.95B
$-9.14B
$-7.49B
Profitability7
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Operating Margin
25.9%
29.2%
27.4%
35.9%
47.0%
37.7%
26.6%
43.6%
35.3%
·
Net Margin
17.3%
21.5%
18.6%
22.4%
33.2%
21.9%
18.6%
33.7%
21.9%
·
Pretax Margin
25.3%
29.1%
25.5%
33.6%
48.6%
34.5%
25.8%
44.8%
32.0%
·
EBITDA Margin
25.9%
29.2%
27.4%
35.9%
54.4%
47.3%
36.7%
53.6%
46.2%
·
ROA
8.6%
11.2%
10.0%
12.4%
21.1%
10.5%
9.0%
14.6%
9.5%
·
ROE
17.0%
21.0%
19.1%
24.4%
42.6%
22.3%
19.1%
30.9%
20.9%
·
ROIC
16.9%
21.0%
19.6%
27.8%
42.4%
24.2%
17.7%
31.0%
21.8%
·
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Current Ratio
1.4
1.6
·
·
·
·
·
·
1.7
·
Quick Ratio
0.5
0.6
·
·
·
·
·
·
0.4
·
Interest Coverage
14.1
20.5
15.3
59.5
122.7
62.8
20.7
32.0
16.7
·
Efficiency2
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Asset Turnover
0.5
0.5
0.5
0.6
0.6
0.5
0.5
0.4
0.4
·
Receivables Turnover
12.5
13.1
14.6
15.8
17.6
13.4
13.9
12.2
11.6
·
Per Share4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue / Share
$35.19
$32.85
$33.12
$34.09
$38.98
$27.39
$26.29
$23.40
$22.25
·
Cash Flow / Share
$10.28
$9.55
$9.29
$9.90
$15.56
$9.75
$9.08
$6.83
$7.72
·
Dividend / Share
·
·
·
·
·
$3.86
$6.35
$3.07
$2.35
$1.52
EPS (TTM)
$6.08
$7.07
$6.17
$7.60
$12.96
$6.00
$4.88
$7.88
$486.92
·
Valuation (TTM)4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue TTM
$57.64B
$53.66B
$54.04B
$55.55B
$63.49B
$44.61B
$43.16B
$40.52B
$40.03B
·
Net Income TTM
$9.97B
$11.55B
$10.06B
$12.39B
$21.11B
$9.77B
$8.01B
$13.64B
$8.76B
·
P/E
13.2
8.3
12.1
9.4
5.2
12.5
12.2
6.2
0.1
·
Earnings Yield
7.6%
12.0%
8.3%
10.7%
19.4%
8.0%
8.2%
16.2%
919.9%
·
Per Share1
Metric
Trend
Q4 2025
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
EPS (TTM)
$6.08
$486.92
$255.30
$-47.50
·
·
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)4
Metric
Trend
Q4 2025
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
$57.64B
$40.03B
$33.78B
$34.83B
·
·
·
·
·
·
·
·
·
·
·
·
Net Income TTM
$9.97B
$8.76B
$4.62B
$-866M
·
·
·
·
·
·
·
·
·
·
·
·
P/E
13.2
0.1
0.2
-0.6
·
·
·
·
·
·
·
·
·
·
·
·
Earnings Yield
7.6%
919.9%
663.8%
-163.1%
·
·
·
·
·
·
·
·
·
·
·
·
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
$57.64B
$53.66B
$54.04B
$55.55B
$63.49B
Operating Margin %
25.9%
29.2%
27.4%
35.9%
47.0%
Net Income
$9.97B
$11.55B
$10.06B
$12.39B
$21.11B
Diluted EPS
$6.08
$7.07
$6.17
$7.60
$12.96
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Current Ratio
1.4
1.6
·
·
·
Quick Ratio
0.5
0.6
·
·
·
No data for this statement
Not enough fundamentals data to build this statement yet.
Institutional owners (13F)
1,055 filers
· $12.8B 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.
Holders1,055
Value held$12.8B
New positions114
Exited positions70
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
114 (-58 vs prior Q)
70 (-2 vs prior Q)
392 (+45 vs prior Q)
298 (+11 vs prior Q)
+419K
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 47 ETFs
20
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.