Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-7.5%
Next ReportNov 04, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
$0.88
$0.79
11.6%
March 31, 2026
$0.63
$0.63
0.43%
Dec. 31, 2025
$0.26
$0.40
-34.6%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement13
Metric
Trend
2025
2024
Revenue
$3.89B
$3.77B
Cost of Revenue
$2.64B
$2.46B
R&D Expense
$97M
$83M
SG&A Expense
$421M
$392M
Other Non-op
$60M
$5M
Pretax Income
$647M
$797M
Income Tax
$362M
$192M
Net Income
$237M
$594M
EPS (Basic)
$1.49
$3.74
EPS (Diluted)
$1.49
$3.74
Shares (Basic)
158,700,000
158,700,000
Shares (Diluted)
158,900,000
158,700,000
EBITDA
$24M
·
Balance Sheet28
Metric
Trend
2025
2024
Cash & Equivalents
$534M
$661M
Receivables
$645M
$569M
Inventory
$715M
$558M
Other Current Assets
$193M
$73M
Current Assets
$2.39B
$1.86B
PP&E (Net)
$2.06B
$1.75B
PP&E (Gross)
$4.64B
$4.15B
Accum. Depreciation
$2.58B
$2.40B
Goodwill
$820M
$806M
Intangibles
$49M
$35M
Other Non-current Assets
$192M
$142M
Total Assets
$5.67B
$5.00B
Accounts Payable
$909M
$778M
Accrued Liabilities
·
$283M
Current Liabilities
$1.71B
$1.08B
Capital Leases
$69M
$64M
Deferred Tax
$233M
$179M
Other Non-current Liabilities
$262M
$230M
Total Liabilities
$4.30B
$1.82B
Long-term Debt
$2.00B
$0
Total Debt
$1.97B
·
Common Stock
$2M
$0
Paid-in Capital
$1.50B
$0
Retained Earnings
$41M
$0
AOCI
$-127M
$-213M
Stockholders' Equity
$1.41B
$3.26B
Liabilities + Equity
$5.67B
$5.00B
Shares Outstanding
158,747,196
0
Cash Flow13
Metric
Trend
2025
2024
D&A
$24M
$39M
Stock-based Comp
$27M
$17M
Deferred Tax
$-26M
$-6M
Amort. of Intangibles
$4M
$3M
Other Non-cash
$193M
·
Operating Cash Flow
$455M
$842M
CapEx
$336M
$296M
Investing Cash Flow
$-330M
$-298M
Dividends Paid
$1.50B
$0
Financing Cash Flow
$-235M
$-453M
Net Change in Cash
$-126M
$55M
Taxes Paid
$50M
$22M
Free Cash Flow
$119M
·
Profitability5
Metric
Trend
2025
2024
Net Margin
6.1%
·
Pretax Margin
16.7%
·
EBITDA Margin
0.62%
·
ROA
4.4%
·
ROE
10.2%
·
Liquidity & Solvency4
Metric
Trend
2025
2024
Current Ratio
1.4
·
Quick Ratio
0.7
·
Debt / Equity
1.4
·
LT Debt / Equity
1.4
·
Efficiency3
Metric
Trend
2025
2024
Asset Turnover
0.7
·
Inventory Turnover
4.1
·
Receivables Turnover
6.4
·
Per Share5
Metric
Trend
2025
2024
Book Value / Share
$8.89
·
Revenue / Share
$24.46
·
Cash Flow / Share
$2.86
·
Cash / Share
$3.36
·
EPS (TTM)
$1.49
·
Growth Rates3
Metric
Trend
2025
2024
Revenue YoY
3.1%
3.3%
EPS YoY
-60.2%
-4.3%
Net Income YoY
-60.1%
-4.3%
Valuation (TTM)17
Metric
Trend
2025
2024
Revenue TTM
$3.89B
·
Net Income TTM
$237M
·
Market Cap
$7.71B
·
Enterprise Value
$9.15B
·
P/E
32.6
·
P/S
2.0
·
P/B
5.5
·
P / Tangible Book
14.2
·
P / Cash Flow
16.9
·
P / FCF
64.8
·
EV / EBITDA
381.2
·
EV / FCF
76.9
·
EV / Revenue
2.4
·
Dividend Yield
19.4%
·
Earnings Yield
3.1%
·
Payout Ratio
632.9%
·
Annual Payout
$1.50B
·
Income Statement12
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Revenue
$1.15B
$991M
$987M
$969M
$1.03B
$897M
$913M
$907M
Cost of Revenue
$778M
$675M
$729M
$659M
$671M
$577M
$608M
$575M
R&D Expense
$25M
$28M
$27M
$26M
$23M
$22M
$21M
$21M
SG&A Expense
$123M
$108M
$112M
$113M
$105M
$93M
$89M
$107M
Other Non-op
$2M
$7M
$17M
$36M
$-2M
$11M
$3M
$-1M
Pretax Income
$176M
$136M
$86M
$173M
$199M
$188M
$176M
$197M
Income Tax
$42M
$31M
$32M
$182M
$101M
$47M
$42M
$49M
Net Income
$119M
$85M
$41M
$-35M
$97M
$134M
$133M
$152M
EPS (Basic)
$0.75
$0.53
·
·
$0.61
$0.85
·
·
EPS (Diluted)
$0.75
$0.53
·
·
$0.61
$0.85
·
·
Shares (Basic)
158,800,000
158,800,000
·
·
158,700,000
158,700,000
·
·
Shares (Diluted)
159,400,000
159,300,000
·
·
158,700,000
158,700,000
·
·
Balance Sheet28
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Cash & Equivalents
$750M
$642M
$534M
$417M
·
·
$661M
·
Receivables
$671M
$632M
$645M
$635M
·
·
$569M
·
Inventory
$666M
$704M
$715M
$732M
·
·
$558M
·
Other Current Assets
$168M
$146M
$193M
$94M
·
·
$73M
·
Current Assets
$2.57B
$2.44B
$2.39B
$1.88B
·
·
$1.86B
·
PP&E (Net)
·
·
$2.06B
$1.95B
·
·
$1.75B
·
PP&E (Gross)
·
·
$4.64B
·
·
·
$4.15B
·
Accum. Depreciation
·
·
$2.58B
·
·
·
$2.40B
·
Goodwill
$817M
$819M
$820M
$820M
·
·
$806M
·
Intangibles
$47M
$48M
$49M
$39M
·
·
$35M
·
Other Non-current Assets
$182M
$188M
$192M
$128M
·
·
$142M
·
Total Assets
$5.92B
$5.75B
$5.67B
$5.25B
·
·
$5.00B
·
Accounts Payable
$942M
$910M
$909M
$872M
·
·
$778M
·
Accrued Liabilities
·
·
·
$341M
·
·
·
·
Current Liabilities
$1.76B
$1.71B
$1.71B
$1.23B
·
·
$1.08B
·
Capital Leases
·
·
$69M
·
·
·
$64M
·
Deferred Tax
$245M
$237M
$233M
$174M
·
·
$179M
·
Other Non-current Liabilities
$250M
$254M
$262M
$247M
·
·
$230M
·
Total Liabilities
$4.33B
$4.28B
$4.30B
$2.07B
·
·
$1.82B
·
Long-term Debt
$1.97B
$1.97B
$2.00B
·
·
·
$0
·
Total Debt
$1.97B
$1.97B
·
·
·
·
·
·
Common Stock
$2M
$2M
$2M
·
·
·
$0
·
Paid-in Capital
$1.51B
$1.50B
$1.50B
·
·
·
$0
·
Retained Earnings
$220M
$113M
$41M
·
·
·
$0
·
AOCI
$-142M
$-128M
$-127M
$-154M
·
·
$-213M
·
Stockholders' Equity
$1.59B
$1.49B
$1.41B
$3.23B
·
·
$3.26B
·
Liabilities + Equity
$5.92B
$5.75B
$5.67B
$5.25B
·
·
$5.00B
·
Shares Outstanding
158,842,224
158,795,531
158,747,196
·
·
·
0
·
Cash Flow9
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Stock-based Comp
$6M
$5M
$8M
$7M
$6M
$6M
$4M
·
Amort. of Intangibles
$700.0K
$1M
·
·
$1M
$1M
·
·
Operating Cash Flow
$262M
$199M
$166M
$-21M
$150M
$160M
$275M
·
CapEx
$138M
$75M
$88M
$110M
$76M
$62M
$95M
·
Investing Cash Flow
$-138M
$-77M
$-102M
$-110M
$-79M
$-39M
$-94M
·
Dividends Paid
$12M
$12M
·
·
$0
$0
·
·
Financing Cash Flow
$-16M
$-15M
$93M
$-316M
$106M
$-118M
$-128M
·
Net Change in Cash
$107M
$108M
$118M
$-456M
$204M
$8M
$16M
·
Free Cash Flow
·
$124M
·
·
·
·
·
·
Profitability4
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Net Margin
10.4%
8.6%
·
-3.6%
·
·
·
·
Pretax Margin
15.3%
13.7%
·
17.8%
·
·
·
·
ROA
4.0%
3.0%
·
-1.3%
·
·
·
·
ROE
15.0%
11.4%
·
-2.2%
·
·
·
·
Liquidity & Solvency4
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Current Ratio
1.5
1.4
·
1.5
·
·
·
·
Quick Ratio
0.8
0.7
·
0.9
·
·
·
·
Debt / Equity
1.2
1.3
·
·
·
·
·
·
LT Debt / Equity
1.2
1.3
·
·
·
·
·
·
Efficiency3
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Asset Turnover
0.4
0.3
·
0.4
·
·
·
·
Inventory Turnover
2.3
1.9
·
1.8
·
·
·
·
Receivables Turnover
3.4
3.1
·
3.1
·
·
·
·
Per Share5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Book Value / Share
$9.98
$9.36
·
·
·
·
·
·
Revenue / Share
$7.20
$6.22
·
·
·
·
·
·
Cash Flow / Share
·
$1.25
·
·
·
·
·
·
Cash / Share
$4.72
$4.04
·
·
·
·
·
·
Dividend Paid / Share
$0.07
$0.07
·
·
·
·
·
·
Valuation (TTM)10
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Revenue TTM
$4.09B
$3.98B
·
$3.81B
$3.75B
·
·
·
Net Income TTM
$210M
$188M
·
$329M
$516M
·
·
·
Market Cap
$14.07B
$12.09B
·
·
·
·
·
·
Enterprise Value
$15.30B
$13.42B
·
·
·
·
·
·
P/S
3.4
3.0
·
·
·
·
·
·
P/B
8.9
8.1
·
·
·
·
·
·
P / Tangible Book
19.5
19.5
·
·
·
·
·
·
P / Cash Flow
·
60.8
·
·
·
·
·
·
EV / Revenue
3.7
3.4
·
·
·
·
·
·
Payout Ratio
·
14.1%
·
·
·
·
·
·
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
Revenue
$3.89B
$3.77B
$3.65B
Net Income
$237M
$594M
$621M
Diluted EPS
$1.49
$3.74
$3.91
Metric
2025-12-31
2024-12-31
2023-12-31
Debt / Equity
1.4
·
·
Current Ratio
1.4
·
·
Quick Ratio
0.7
·
·
Metric
2025-12-31
2024-12-31
2023-12-31
Free Cash Flow
$119M
·
·
Institutional owners (13F)
1,189 filers
· $12.3B 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.
Holders1,189
Value held$12.3B
New positions149
Exited positions112
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
149 (-200 vs prior Q)
112 (-45 vs prior Q)
325 (+111 vs prior Q)
453 (+30 vs prior Q)
+4.8M
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.