Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-43.6%
Next ReportOct 23, 2026
Period
Report
EPS Actual
EPS Est
Surprise
March 31, 2024
$0.01
$0.00
—
Dec. 31, 2023
$-0.01
$0.00
—
Sept. 30, 2023
$0.00
$0.00
—
March 31, 2022
$0.14
$0.24
-43.6%
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
$44.88B
$39.89B
$35.63B
$33.40B
$27.03B
$24.32B
$22.95B
$21.55B
$20.69B
$18.43B
Cost of Revenue
$26.84B
$24.92B
$22.38B
$21.38B
$16.04B
$14.70B
$14.36B
$13.60B
$13.43B
$11.87B
Gross Profit
$18.03B
$14.97B
$13.26B
$12.02B
·
·
·
·
·
·
SG&A Expense
$8.12B
$7.44B
$6.46B
$5.73B
$4.94B
$4.55B
$4.51B
$4.87B
$4.39B
$3.99B
Operating Income
$3.01B
$2.26B
$2.40B
$2.65B
$2.87B
$2.39B
$1.88B
$1.75B
$1.29B
$958M
Interest Expense
$3.96B
$2.74B
$2.20B
$1.68B
$1.10B
$963M
$1.05B
$728M
$497M
$437M
Interest Income
$1M
$13M
$0
$10M
$74M
$172M
$194M
$46M
$129M
$123M
Pretax Income
$-941M
$-286M
$352M
$1.02B
$1.85B
$1.60B
$1.02B
$1.07B
$924M
$643M
Income Tax
$425M
$499M
$183M
$346M
$590M
$68M
$314M
$3M
$194.0K
$698.0K
Net Income
$-1.37B
$-785M
$169M
$675M
$1.26B
$1.53B
$705M
$1.07B
$923M
$642M
EPS (Basic)
$-3.14
$-2.10
$0.92
$3.69
$6.89
$8.53
$3.94
$6.92
$6.14
$4.45
EPS (Diluted)
$-3.14
$-2.10
$0.91
$3.64
$6.73
$8.45
$3.90
$6.86
$6.11
$4.45
Shares (Basic)
434,455,365
373,167,257
183,033,950
182,803,189
182,468,672
179,533,536
179,180,285
154,330,243
150,417,470
144,498,253
Shares (Diluted)
434,754,395
373,605,546
185,198,369
185,672,592
187,016,037
181,216,005
180,643,177
155,757,426
151,064,039
144,498,253
EBITDA
$10.29B
$7.89B
$6.94B
$6.42B
$6.16B
$5.23B
$4.17B
$3.29B
$3.05B
·
Balance Sheet13
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Cash & Equivalents
$4.10B
$5.00B
$4.11B
$3.65B
$3.78B
$5.10B
$2.32B
$1.93B
$1.99B
$1.62B
Receivables
·
$14.84B
$14.10B
$14.62B
$14.06B
$9.72B
$12.07B
$12.63B
$10.71B
$8.78B
Inventory
$2.89B
$3.96B
$3.39B
$1.94B
$2.41B
$1.41B
$1.30B
$1.72B
$646M
$1.18B
Current Assets
$24.85B
$25.08B
$24.21B
$22.32B
$22.01B
$17.21B
$16.64B
$17.11B
$14.07B
$12.14B
PP&E (Net)
$43.48B
$38.91B
$32.21B
$22.31B
$16.69B
$12.50B
$11.80B
$8.64B
$7.21B
$6.62B
Goodwill
·
·
$0
$0
$0
$15M
$15M
$15M
$15M
$15M
Intangibles
$601M
$696M
·
·
·
$2.39B
·
·
·
·
Total Assets
$90.67B
$83.33B
$70.98B
$57.40B
$47.07B
$36.66B
$34.26B
$29.94B
$24.46B
$21.53B
Accounts Payable
·
$17.17B
$14.01B
$12.85B
$11.34B
$9.22B
$9.07B
$8.15B
$7.36B
$6.37B
Current Liabilities
$33.74B
$27.82B
$23.63B
$22.06B
$21.10B
$16.92B
$16.50B
$14.44B
$12.22B
$11.44B
Total Liabilities
$71.74B
$63.20B
$52.91B
$42.26B
$32.59B
$23.50B
$22.90B
$19.16B
$15.46B
$13.27B
Retained Earnings
$-9.17B
$-7.80B
$-6.63B
$-6.79B
$-7.47B
$-8.72B
$-10.26B
$-10.74B
$-11.55B
$-12.27B
Stockholders' Equity
$18.93B
$20.13B
$18.07B
$15.15B
$14.48B
$13.17B
$11.35B
$10.78B
$9.00B
$8.26B
Cash Flow9
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
D&A
$7.27B
$5.63B
$4.77B
$3.97B
$3.28B
$2.84B
$2.29B
$1.53B
$1.75B
$1.76B
Other Non-cash
$1.27B
$3.80B
$41M
$3.69B
$-2.30B
$2.60B
$2.05B
$-1.16B
$-557M
·
Operating Cash Flow
$7.18B
$8.65B
$5.93B
$8.11B
$2.24B
$6.97B
$5.04B
$1.44B
$2.12B
$1.75B
CapEx
$11.96B
$11.09B
$11.12B
$11.62B
$6.80B
$2.66B
$4.06B
$3.80B
$1.67B
$1.60B
Investing Cash Flow
$-12.90B
$-12.32B
$-12.46B
$-13.77B
$-7.59B
$-3.62B
$-4.33B
$-3.97B
$-1.79B
$-1.61B
Dividends Paid
·
·
·
·
$0
$0
$224M
$218M
$209M
$170M
Financing Cash Flow
$5.16B
$4.73B
$7.44B
$4.94B
$4.17B
$618M
$4M
$3.05B
$-1.05B
$-258M
Free Cash Flow
$-4.78B
$-2.45B
$-6.14B
$-3.28B
$-4.56B
$4.31B
$981M
$-2.35B
$452M
·
Levered FCF
$-10.53B
$-9.97B
$-7.17B
$-4.37B
$-5.30B
$6.37B
$24.42B
$-3.08B
$-45M
·
Profitability8
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Gross Margin
40.2%
37.5%
·
·
·
·
·
·
·
·
Operating Margin
6.7%
5.7%
6.1%
7.3%
10.6%
9.8%
8.2%
8.1%
6.2%
·
Net Margin
-3.0%
-2.0%
0.47%
2.0%
4.7%
6.3%
3.1%
5.0%
4.5%
·
Pretax Margin
-2.1%
-0.72%
0.99%
3.1%
6.8%
0.09%
0.06%
5.0%
4.5%
·
EBITDA Margin
22.9%
19.8%
19.5%
19.2%
22.8%
21.5%
18.2%
15.3%
14.7%
·
ROA
-1.6%
-1.0%
0.26%
1.3%
3.0%
4.3%
2.2%
3.9%
4.0%
·
ROE
-7.0%
-4.1%
1.0%
4.3%
9.1%
12.5%
12.9%
10.8%
10.7%
·
ROIC
23.1%
30.7%
5.8%
9.4%
13.5%
-38.9%
-27764.3%
16.2%
14.3%
·
Liquidity & Solvency3
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Current Ratio
0.7
1.0
1.0
1.0
1.0
1.0
1.0
1.2
1.2
·
Quick Ratio
0.1
0.7
0.8
0.8
0.8
0.6
0.7
1.0
1.0
·
Interest Coverage
0.8
0.8
1.0
1.5
2.6
2.5
1.8
2.4
2.6
·
Efficiency3
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Asset Turnover
0.5
0.5
0.6
0.6
0.6
0.7
0.7
0.8
0.9
·
Inventory Turnover
7.8
6.8
8.4
9.8
8.4
22.3
16.6
11.5
14.7
·
Receivables Turnover
·
2.8
2.5
2.3
2.3
2.2
1.9
1.8
2.1
·
Per Share3
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Revenue / Share
$103.22
$106.76
$192.41
$179.91
$144.51
$134.20
$127.06
$138.34
$136.93
·
Cash Flow / Share
$16.51
$23.14
$26.91
$44.91
$12.00
$38.44
$27.92
$9.25
$14.04
·
EPS (TTM)
$-3.14
$-2.10
$0.91
$3.64
$6.73
$8.45
$3.90
$6.86
$6.11
·
Valuation (TTM)6
Metric
Trend
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Revenue TTM
$44.88B
$39.89B
$35.63B
$33.40B
$27.03B
$24.32B
$22.95B
$21.55B
$20.69B
·
Net Income TTM
$-1.37B
$-785M
$169M
$675M
$1.26B
$1.53B
$705M
$1.07B
$923M
·
P/E
-4.1
-2.0
8.3
2.1
2.7
2.5
1.2
1.4
2.0
·
Earnings Yield
-24.6%
-49.1%
12.0%
48.1%
37.5%
39.9%
86.7%
70.1%
49.4%
·
Payout Ratio
·
·
·
·
0.00%
0.00%
31.7%
20.4%
22.6%
·
Annual Payout
·
·
·
·
$0
$0
$224M
$218M
$209M
·
Per Share1
Metric
Trend
Q4 2020
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)
$3.90
$4.45
$3.10
·
·
·
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)5
Metric
Trend
Q4 2020
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
$22.95B
$18.43B
$15.03B
·
·
·
·
·
·
·
·
·
·
·
·
·
Net Income TTM
$705M
$642M
$438M
·
·
·
·
·
·
·
·
·
·
·
·
·
P/E
1.2
1.2
2.5
·
·
·
·
·
·
·
·
·
·
·
·
·
Earnings Yield
86.7%
82.4%
40.7%
·
·
·
·
·
·
·
·
·
·
·
·
·
Annual Payout
$224M
$170M
$170M
·
·
·
·
·
·
·
·
·
·
·
·
·
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
Revenue
$44.88B
$39.89B
$35.63B
$33.40B
$27.03B
Gross Margin %
40.2%
37.5%
·
·
·
Operating Margin %
6.7%
5.7%
6.1%
7.3%
10.6%
Net Income
$-1.37B
$-785M
$169M
$675M
$1.26B
Diluted EPS
$-3.14
$-2.10
$0.91
$3.64
$6.73
Metric
2026-03-31
2025-03-31
2024-03-31
2023-03-31
2022-03-31
Current Ratio
0.7
1.0
1.0
1.0
1.0
Quick Ratio
0.1
0.7
0.8
0.8
0.8
Metric
2026-03-31
2025-03-31
2024-03-31
2023-03-31
2022-03-31
Free Cash Flow
$-4.78B
$-2.45B
$-6.14B
$-3.28B
$-4.56B
Institutional owners (13F)
50 filers
· $57.9M 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.
Holders50
Value held$57.9M
New positions12
Exited positions4
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
12 (+6 vs prior Q)
4 (+2 vs prior Q)
18 (+3 vs prior Q)
5 (-2 vs prior Q)
+199K
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
Infinity Capital Ventures, LP, Infinity Capital Venture Management, LLC, Vegesna Family Trust, Raju Vegesna, Raju Vegesna Infotech and Industries Private Limited, Ramanand Core Investment Company Private Limited
×9 filings
SAIF Investment Company Limited, SB Asia Infrastructure Fund, L.P.(1), SB Asia Pacific Partners L.P. (1), SB Asia Pacific Investments Limited (1), Asia Infrastructure Investments Limited(1), SB First Singapore Pte Ltd.(1), SOFTBANK Corp.(1)
×6 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.