Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise23.7%
Next ReportOct 28, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 29, 2026
$0.16
$0.17
-5.3%
March 31, 2026
$0.15
$0.12
26.4%
Dec. 31, 2025
$0.11
$0.09
25.7%
Sept. 30, 2025
$0.07
$0.05
50.5%
June 30, 2025
$0.04
$0.03
46.5%
March 31, 2025
$0.04
$0.04
-1.7%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement12
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
Gross Profit
·
$2.31B
$1.31B
$2.60B
$8.26B
$11.06B
$2.10B
SG&A Expense
$1.44B
$893M
$803M
$906M
$1.18B
$1.05B
$685M
Operating Expenses
$6.91B
$4.43B
$4.20B
$5.10B
$6.73B
$6.12B
$4.16B
Interest Income
$501M
$413M
$327M
$351M
$430M
$330M
$251M
Pretax Income
$-214M
$668M
$-403M
$742M
$6.18B
$9.53B
$904M
Income Tax
$20M
$32M
$-13M
$42M
$113M
$132M
$7M
Net Income
$-68M
$29M
$-16M
$46M
$308M
$198M
$0
EPS (Basic)
$-0.05
$0.21
$-0.12
$0.39
$2.36
$1.77
·
EPS (Diluted)
$-0.05
$0.21
$-0.15
$0.28
$2.32
$1.76
·
Shares (Basic)
1,322,362,708
141,037,083
128,641,762
120,577,548
130,578,206
111,926,619
·
Shares (Diluted)
1,322,362,708
141,037,083
1,980,523,690
1,971,620,573
1,989,433,567
116,238,493
·
EBITDA
$104M
·
·
·
·
·
·
Balance Sheet15
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
Cash & Equivalents
$2.70B
$1.27B
$1.11B
$722M
$2.13B
$1.97B
$1.39B
PP&E (Net)
$260M
$214M
$251M
$274M
$254M
$211M
$176M
PP&E (Gross)
$955M
$834M
$787M
$737M
$822M
$709M
$605M
Accum. Depreciation
$695M
$620M
$536M
$463M
$567M
$498M
$429M
Goodwill
$10.61B
$1.14B
$1.10B
$1.10B
$1.10B
$18M
·
Intangibles
$2.22B
$91M
$100M
$123M
$148M
·
·
Total Assets
$60.69B
$24.51B
$19.23B
$20.08B
$32.77B
$37.53B
$20.12B
Deferred Tax
$850M
$18M
$16M
$16M
$28M
$10M
$12M
Total Liabilities
$37.79B
$15.47B
$10.93B
$11.61B
$23.02B
$29.65B
$16.61B
Long-term Debt
$10.42B
·
·
·
·
·
·
Paid-in Capital
$22.77B
$389M
$341M
$276M
$288M
$283M
$0
Retained Earnings
$124M
$313M
$284M
$300M
$378M
$207M
$0
AOCI
·
$-48.0K
$52.0K
$69.0K
$81.0K
$317.0K
$-151.0K
Stockholders' Equity
$22.90B
$9.04B
$8.30B
$8.47B
$9.76B
$7.88B
$3.52B
Liabilities + Equity
$60.69B
$24.51B
$19.23B
$20.08B
$32.77B
$37.53B
$20.12B
Cash Flow15
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
D&A
$104M
$89M
$88M
$94M
$75M
$74M
$75M
Stock-based Comp
$343M
$145M
$180M
$216M
$164M
$136M
$40M
Deferred Tax
$12M
$29M
$-18M
$36M
$48M
$67M
$684.0K
Amort. of Intangibles
$186M
$24M
$22M
$25M
$4M
$5M
·
Other Non-cash
$-4.32B
·
·
·
·
·
·
Operating Cash Flow
$-3.93B
$-2.63B
$111M
$10.82B
$7.74B
$-1.68B
$-6.98B
CapEx
$91M
$68M
$60M
$93M
$118M
$106M
$49M
Investing Cash Flow
$-2.53B
$-496M
$861M
$579M
$-665M
$517M
$72M
Stock Issued
$55M
$41M
$25M
$38M
$42M
$0
$0
Stock Repurchased
·
$0
$0
$178M
$232M
$0
$0
Net Stock Activity
$55M
·
$25M
$-140M
$-190M
$-2.02B
·
Financing Cash Flow
$8.10B
$3.28B
$-624M
$-12.82B
$-6.92B
$1.76B
$7.23B
Net Change in Cash
$1.65B
$152M
$348M
$-1.42B
$157M
$598M
$319M
Taxes Paid
$2M
$6M
$-1M
$13M
$77M
$56M
$11M
Free Cash Flow
$-4.02B
·
$50M
$10.73B
$7.63B
$-1.78B
·
Profitability6
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
Gross Margin
·
·
1081.5%
1411.1%
4886.8%
13158.9%
·
Net Margin
-54.4%
·
-12.8%
25.2%
182.4%
235.5%
·
Pretax Margin
-171.2%
·
-333.4%
402.8%
3661.0%
11337.8%
·
EBITDA Margin
83.2%
·
·
·
·
·
·
ROA
-0.16%
·
-0.08%
0.18%
0.88%
0.69%
·
ROE
-0.45%
·
-0.18%
0.53%
3.2%
2.8%
·
Efficiency1
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
Asset Turnover
0.0
·
0.0
0.0
0.0
0.0
·
Per Share3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
Revenue / Share
$0.09
·
$0.06
$0.09
$0.08
$0.72
·
Cash Flow / Share
$-2.97
·
$0.06
$5.49
$3.89
$-14.43
·
EPS (TTM)
$-0.05
$0.21
$-0.15
$0.28
$2.32
$1.76
·
Growth Rates7
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
Revenue YoY
27.6%
-19.0%
-34.3%
9.0%
101.0%
·
·
Revenue CAGR 3Y
-12.1%
-16.6%
12.9%
·
·
·
·
Revenue CAGR 5Y
8.3%
·
·
·
·
·
·
EPS YoY
·
·
·
-87.9%
31.8%
·
·
EPS CAGR 3Y
·
-55.1%
·
·
·
·
·
Net Income YoY
·
·
·
-84.9%
55.7%
·
·
Net Income CAGR 3Y
·
-54.5%
·
·
·
·
·
Valuation (TTM)4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
Revenue TTM
$125M
$98M
$121M
$184M
$169M
$84M
·
Net Income TTM
$-68M
$29M
$-16M
$46M
$308M
$198M
·
P/E
-387.2
53.6
-96.5
25.0
6.0
11.5
·
Earnings Yield
-0.26%
1.9%
-1.0%
4.0%
16.6%
8.7%
·
Income Statement12
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Gross Profit
·
·
·
·
·
·
·
$-54M
$617M
$709M
·
$568M
$571M
$18M
$-113M
$567M
SG&A Expense
$568M
$535M
$536M
$355M
$287M
$261M
$202M
$221M
$233M
$237M
$208M
$199M
$200M
$195M
$196M
$204M
Operating Expenses
$2.50B
$2.54B
$2.52B
$1.79B
$1.43B
$1.32B
$1.09B
$1.14B
$1.11B
$1.09B
$937M
$1.09B
$1.10B
$1.08B
$986M
$1.19B
Interest Expense
$374M
$349M
·
·
$155M
$109M
·
·
·
·
·
·
·
·
·
·
Interest Income
·
·
$159M
$126M
$124M
$92M
$103M
$109M
$112M
$89M
$86M
$94M
$81M
$67M
$85M
$96M
Pretax Income
$281M
$400M
$169M
$-184M
$24M
$-223M
$675M
$-497M
$192M
$298M
$-243M
$118M
$138M
$-416M
$-505M
$106M
Income Tax
$52M
$103M
$101M
$-60M
$-10M
$-11M
$26M
$-16M
$14M
$8M
$-10M
$3M
$-782.0K
$-5M
$-13M
$10M
Net Income
$230M
$297M
$68M
$-124M
$-2M
$-10M
$34M
$-22M
$1M
$16M
$-11M
$6M
$7M
$-19M
$-18M
$7M
EPS (Basic)
$0.08
$0.11
$0.09
$-0.06
$-0.01
$-0.07
$0.24
$-0.16
$0.01
$0.12
$-0.08
$0.05
$0.06
$-0.15
$-0.14
$0.06
EPS (Diluted)
$0.08
$0.10
$0.10
$-0.06
$-0.01
$-0.08
$0.28
$-0.19
$0.01
$0.11
$-0.08
$0.04
$0.05
$-0.16
$-0.18
$0.04
Shares (Basic)
2,836,345,108
2,828,455,368
·
2,106,227,188
171,438,105
147,717,296
·
141,763,221
139,647,845
136,991,743
·
129,390,501
126,740,748
124,732,722
·
119,020,520
Shares (Diluted)
2,843,538,118
2,846,974,742
·
2,106,227,188
171,438,105
2,001,936,379
·
2,003,296,515
139,647,845
1,991,982,680
·
1,983,992,350
1,979,450,651
1,974,629,808
·
1,970,665,767
Balance Sheet15
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Cash & Equivalents
$3.10B
$2.69B
$2.70B
$5.84B
$5.09B
$1.41B
$1.27B
$1.23B
$1.31B
$861M
$1.11B
$957M
$883M
$893M
$722M
$826M
PP&E (Net)
$277M
$273M
$260M
$201M
$194M
$203M
$214M
$229M
$233M
$243M
·
$256M
$263M
$267M
·
$274M
PP&E (Gross)
·
·
$955M
·
·
·
$834M
·
·
·
·
·
·
·
·
·
Accum. Depreciation
$757M
$726M
$695M
$669M
$642M
$623M
$620M
$599M
$576M
$557M
·
$521M
$500M
$487M
·
$616M
Goodwill
$10.61B
$10.61B
$10.61B
·
·
·
$1.14B
·
·
·
·
·
·
·
·
·
Intangibles
$2.00B
$2.11B
$2.22B
·
·
·
$91M
·
·
·
·
·
·
·
·
·
Total Assets
$60.98B
$59.44B
$60.69B
$33.58B
$30.36B
$25.25B
$24.51B
$25.12B
$23.65B
$22.22B
·
$20.65B
$20.86B
$21.20B
·
$22.60B
Deferred Tax
·
·
$850M
$552M
$715M
·
$18M
·
·
·
·
·
·
·
·
·
Total Liabilities
$37.43B
$36.21B
$37.79B
$24.72B
$22.91B
$16.67B
$15.47B
$16.77B
$14.83B
$13.61B
·
$12.14B
$12.49B
$13.09B
·
$13.69B
Long-term Debt
$10.77B
$10.43B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Paid-in Capital
$22.89B
$22.81B
$22.77B
$8.80B
$7.27B
$404M
$389M
$373M
$358M
$351M
·
$317M
$302M
$295M
·
$242M
Retained Earnings
$651M
$421M
$124M
$55M
$179M
$180M
$313M
$279M
$301M
$300M
·
$295M
$289M
$281M
·
$316M
AOCI
·
·
·
$-2M
$-1M
$-54.0K
·
$60.0K
$85.0K
$72.0K
·
$68.0K
$60.0K
$-32.0K
·
$58.0K
Stockholders' Equity
$23.55B
$23.23B
$22.90B
$8.85B
$7.45B
$8.58B
$9.04B
$8.35B
$8.81B
$8.61B
$8.30B
$8.51B
$8.36B
$8.11B
$8.48B
$8.91B
Liabilities + Equity
$60.98B
$59.44B
$60.69B
$33.58B
$30.36B
$25.25B
$24.51B
$25.12B
$23.65B
$22.22B
·
$20.65B
$20.86B
$21.20B
·
$22.60B
Cash Flow12
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
D&A
$145M
$146M
$157M
$78M
$27M
$27M
$29M
$29M
$28M
$27M
$26M
$28M
$25M
$31M
$24M
$24M
Stock-based Comp
$89M
$88M
$181M
$72M
$50M
$40M
$35M
$40M
$39M
$31M
$35M
$42M
$51M
$52M
$48M
$56M
Operating Cash Flow
$-1.21B
$1.86B
$-1.23B
$-50M
$-1.85B
$-796M
$1.84B
$-1.34B
$-122M
$-3.01B
$1.39B
$328M
$-286M
$-1.33B
$1.22B
$3.02B
CapEx
$34M
$43M
$40M
$22M
$15M
$14M
$19M
$19M
$16M
$14M
$-876.0K
$21M
$16M
$18M
$5M
$25M
Investing Cash Flow
$559M
$335M
$-2.47B
$-3M
$-130M
$75M
$-36M
$-234M
$-261M
$35M
$122M
$97M
$583M
$64M
$197M
$-26M
Stock Issued
$15M
$19M
$16M
$22M
$8M
$8M
$8M
$21M
$7M
$5M
$6M
$7M
$6M
$6M
$6M
$6M
Stock Repurchased
·
·
·
·
·
·
·
·
·
·
·
$0
$0
$0
$12M
$21M
Net Stock Activity
·
$19M
·
·
·
$8M
·
·
·
$5M
·
·
·
$6M
·
·
Financing Cash Flow
$1.07B
$-2.15B
$780M
$798M
$5.66B
$861M
$-1.76B
$1.48B
$827M
$2.73B
$-1.37B
$-352M
$-337M
$1.44B
$-1.52B
$-3.08B
Net Change in Cash
$421M
$41M
$-2.92B
$744M
$3.68B
$140M
$40M
$-89M
$444M
$-243M
$145M
$74M
$-40M
$169M
$-103M
$-92M
Free Cash Flow
·
$1.81B
·
·
·
$-811M
·
·
·
$-3.03B
·
·
·
$-1.35B
·
·
Levered FCF
·
$1.55B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Profitability5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Gross Margin
·
·
·
·
·
·
·
-805.8%
1981.0%
1888.5%
·
1497.5%
1556.5%
48.5%
·
1143.5%
Net Margin
39.5%
58.6%
·
-347.1%
-5.5%
-37.0%
·
-326.3%
4.2%
43.2%
·
16.4%
20.3%
-49.1%
·
13.9%
Pretax Margin
48.2%
78.9%
·
-516.2%
74.4%
-795.4%
·
-7372.1%
617.1%
794.9%
·
310.0%
377.2%
-1103.9%
·
214.5%
ROA
0.50%
0.70%
·
-0.42%
-0.01%
-0.04%
·
-0.10%
0.01%
0.07%
·
0.03%
0.03%
-0.08%
·
0.02%
ROE
1.5%
1.9%
·
-1.4%
-0.02%
-0.12%
·
-0.26%
0.02%
0.19%
·
0.07%
0.09%
-0.22%
·
0.08%
Efficiency1
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Asset Turnover
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
Per Share3
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue / Share
$0.20
$0.18
·
$0.02
$0.19
$0.01
·
$0.00
$0.22
$0.02
·
$0.02
$0.02
$0.02
·
$0.03
Cash Flow / Share
·
$0.65
·
·
·
$-0.40
·
·
·
$-1.51
·
·
·
$-0.67
·
·
EPS (TTM)
$0.22
$0.13
·
$0.13
$0.00
$0.02
·
$-0.15
$0.08
$0.12
·
$-0.25
$-0.25
$-0.28
·
$0.77
Valuation (TTM)4
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue TTM
$1.15B
$808M
·
$496M
$467M
$261M
·
$117M
$137M
$127M
·
$129M
$152M
$167M
·
$197M
Net Income TTM
$471M
$239M
·
$-102M
$-510.0K
$3M
·
$-16M
$13M
$19M
·
$-22M
$-22M
$-26M
·
$112M
P/E
71.6
109.6
·
149.1
·
603.5
·
-127.9
171.2
121.2
·
-32.7
-35.8
-32.4
·
8.2
Earnings Yield
1.4%
0.91%
·
0.67%
0.00%
0.17%
·
-0.78%
0.58%
0.82%
·
-3.1%
-2.8%
-3.1%
·
12.2%
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
Gross Margin %
·
·
1081.5%
1411.1%
4886.8%
Net Income
$-68M
$29M
$-16M
$46M
$308M
Diluted EPS
$-0.05
$0.21
$-0.15
$0.28
$2.32
No data for this statement
Not enough fundamentals data to build this statement yet.
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-4.02B
·
$50M
$10.73B
$7.63B
Institutional owners (13F)
891 filers
· $16.6B 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.
Holders891
Value held$16.6B
New positions134
Exited positions132
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
134 (-37 vs prior Q)
132 (+27 vs prior Q)
319 (+1 vs prior Q)
280 (+9 vs prior Q)
+132.3M
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.
Filer
Filed
Stake
Status
Purpose
Filing
Daniel Gilbert, Daniel Gilbert Trust #1 u/a/d 8/23/16, Jennifer Gilbert
×2 filings
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.
Company insiders
24 insiders
· 14 officers · 13 directors