Apollo Global Management, Inc. logo APO - Apollo Global Management, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 23
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $157.25 DETAILS
HIGH: $186.00
LOW: $136.00
MEDIAN: $153.50
CONSENSUS: $157.25
UPSIDE: 22.36%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2008 Q4 2008 Q3 2008 Q1 2007 Q1
Revenue
Revenue 4,932 8,114 9,823 6,814 5,548 5,283 7,773 6,018 7,040 11,046 2,595 13,702 5,301 4,842 2,979 2,286 862 1,195.3 1,078 1,383 2,295 1,296.5 1,018.3 1,508.3 (1,469.1) 914.8 702.7 636.6 677.8 (114.9) 517.7 523.3 166.9 869.5 711.7 449.7 682.1 685.4 503.7 660.4 120.8 193.7 193.3 351.7 303.0 275.4 221.1 572.2 491.4 795.1 1,132.1 497.3 1,309.1 1,159.2 712.4 211.6 776.7 646.0 (1,479.6) 308.9 696.3 1,348.4 458.7 79.3 223.6 454.6 213.7 141.7 20.7 (310.3) 15.4 124.9
Cost of Revenue 0 2,462 376 330 326 289 291 291 269 261 254 257 255 (502) 232 234 734 240.3 501 596 887 81.5 163.2 151.0 139.3 478.8 258.0 236.6 287.7 (13.6) 226.1 223.4 139.1 309.4 270.6 186.3 269.0 305.2 208.9 261.4 73.6 103.7 104.6 172.8 156.4 119.2 98.6 279.3 243.5 285.3 526.6 240.0 542.3 598.6 446.9 236.9 463.0 549.6 (210.5) 418.8 582.9 790.6 463.9 314.0 0 1,495.0 348.3 342.6 843.6 0 268.1 109.5
Gross Profit 4,932 5,652 9,447 6,484 5,222 4,994 7,482 5,727 6,771 10,785 2,341 13,445 5,046 5,344 2,747 2,052 128 955.0 577 787 1,408 1,215.0 855.1 1,357.3 (1,608.4) 436.0 444.8 400.0 390.1 (101.3) 291.6 299.9 27.8 560.1 441.1 263.4 413.1 380.2 294.8 399.0 47.2 90.0 88.7 178.9 146.7 156.2 122.5 292.8 247.9 509.9 605.4 257.2 766.8 560.6 265.5 (25.3) 313.7 96.4 (1,269.1) (109.9) 113.4 557.8 (5.2) (234.7) 223.6 (1,040.4) (134.6) (200.9) (822.9) (310.3) (252.6) 15.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 439 1,384 794 642 727 728 640 632 638 947 523 485 612 1,226 321 232 148 1,419.0 112 116 100 555.8 332.4 519.1 (499.4) 91.5 85.3 81.8 71.7 71.6 70.7 62.5 61.7 67.9 68.1 59.7 62.0 73.9 58.6 70.1 58.6 62.5 49 51.4 47.7 58.7 51.5 55.9 54.0 64.6 50.3 57.9 48.8 64.8 45.2 49.4 39.5 56.0 35.9 44.0 41.7 49.3 29.7 32.6 411.6 (1,004.2) 29.4 22.2 (459.6) 283.3 36.8 24.9
Other Expenses 4,163 0 5,481 4,394 2,962 2,344 4,586 3,381 3,726 7,734 727 11,905 2,538 2,825 3,325 4,848 1,772 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (14.1) 0 0 0 11.1 11.2 11.2 11.0 11.1 11.2 11.1 11.7 12.6 12.8 14.2 14.6 16.2 16.6 12.0 20.8 3.5 6.7 6.9 16.9 13.1 5.1 6.0 16.9 22.5 14.5 13.4 (60.3) 18.1 35.7 3.8
Operating Expenses 4,602 1,384 6,275 5,036 3,689 3,072 5,226 4,013 4,364 8,681 1,250 12,390 3,150 4,051 3,646 5,080 1,920 1,419.0 112 116 100 555.8 332.4 519.1 (499.4) 91.5 85.3 81.8 71.7 71.6 70.7 62.5 61.7 67.9 68.1 59.7 62.0 59.7 58.6 70.1 58.6 73.6 60.2 62.6 58.7 69.7 62.7 67.0 65.8 77.2 63.1 72.0 63.4 81.0 61.7 61.4 60.2 59.5 42.6 50.9 58.7 62.4 34.8 38.6 428.5 (981.6) 44.0 35.6 (519.9) 301.3 72.6 28.6
Operating Income
Operating Income 330 4,268 3,172 1,448 1,533 1,922 2,256 1,714 2,407 2,104 1,091 1,055 1,896 1,293 (899) (3,028) (1,792) (464.0) 465 671 1,308 659.2 522.7 838.2 (1,109.0) 344.4 359.4 318.1 318.4 (172.9) 221.0 237.4 (33.8) 492.2 372.9 203.6 351.0 320.5 236.3 328.9 (11.4) 16.4 28.5 116.3 88.0 86.5 59.9 225.8 182.2 432.7 542.3 185.2 703.3 479.6 203.8 (86.6) 253.5 36.9 (1,311.7) (160.8) 54.8 495.4 (40.0) (273.3) (204.9) (58.8) (178.6) (236.5) (303.0) (611.7) (325.2) (13.2)
Interest Expense 77 72 94 79 81 92 82 89 76 80 64 54 60 51 64 65 41 233.5 156 168 351 282.5 160.9 184.3 31.2 28.1 27.8 23.3 19.1 15.2 15.2 15.2 13.8 13.4 13.3 13.2 13.0 13.0 12.8 9.8 7.9 7.6 7.5 7.5 7.4 7.4 7.4 4.5 3.1 7.0 7.2 7.6 7.5 8.0 7.1 10.6 11.4 9.9 9.8 10.3 10.9 7.8 7.3 9.5 10.8 11.9 12.3 12.7 15.4 15.5 16.6 3.3
Interest Income 5,062 9 35 5 34 32 46 62 32 43 59 41 33 45 40 61 208 220.7 163 229 134 442.0 83.1 88.6 7.9 9.6 10.2 8.7 7.1 7.1 5.4 4.5 3.6 3.5 1.5 0.6 0.8 1.0 1.2 1.3 0.6 0.8 0.8 0.9 0.7 2.1 2.2 2.7 3.3 2.8 3.3 3.0 3.1 2.6 3.3 2.2 1.6 3.2 0.7 0.6 0.3 0.5 0.4 0.3 0.4 0.4 0.3 0.3 3.5 4.9 6.8 14.9
Profitability
EBITDA 360 4,268 3,393 1,256 1,570 2,112 2,449 1,787 2,501 2,258 1,188 1,185 2,016 1,383 (732) (2,801) (1,397) 949.1 895 1,874 2,079 1,516.9 930.9 1,327.8 (2,544.0) 456.8 321.1 386.1 358.0 (319.3) 400.6 181.6 (83.1) 748.8 471.0 209.4 411.6 440.1 281.9 468.5 (67.2) 48.6 121.9 175.8 105.4 154.5 (19.8) 303.0 507.0 773.4 762.8 188.1 840.8 626.9 243.4 1,867.7 465.6 329.2 (1,747.3) (83.9) 276.9 844.3 176.4 (273.9) (52.2) 41.3 194.5 141.6 (1,079.6) (1,032.3) (440.5) 836.5
EBIT 360 4,268 2,993 924 1,262 1,816 2,168 1,527 2,263 2,041 947 1,005 1,851 1,222 (881) (2,922) (1,503) 941.7 888 1,867 2,073 1,511.1 926.4 1,323.7 (2,548.5) 452.5 317.0 382.4 354.3 (323.3) 397.0 177.9 (87.0) 745.7 464.2 205.4 407.2 435.5 277.2 463.6 (71.8) 37.5 110.7 164.7 94.5 143.4 (31.0) 291.9 495.3 760.8 750.0 173.9 826.2 610.7 226.8 1,855.7 457.1 322.5 (1,754) (90.8) 270.8 838.1 170.5 (279.9) (58.3) 35.1 188.4 135.4 (1,085.2) (1,037.6) (446.9) 835.7
Income Before Tax 283 2,811 2,899 845 1,181 1,724 2,086 1,438 2,187 1,961 883 951 1,791 1,171 (945) (2,987) (1,544) 708.2 732 1,699 1,722 1,228.6 765.5 1,139.4 (2,579.7) 424.4 289.2 359.1 335.2 (338.5) 381.8 162.7 (100.8) 732.3 450.9 192.2 394.2 422.5 264.4 453.8 (79.7) 29.9 103.2 157.2 87.0 136.0 (38.4) 287.3 492.2 753.8 742.8 166.3 818.6 602.7 219.7 1,845.1 445.7 312.7 (1,763.8) (101.1) 259.9 830.3 163.2 (289.4) (69.1) 23.3 176.1 122.7 (1,100.6) (1,053.1) (463.4) 832.4
Income Tax Expense 1,694 117 438 3 243 62 317 261 422 (1,620) 243 201 253 211 (96) (381) (485) 95.6 101 194 203 153.1 89.4 140.3 (295.9) 66.4 (231.9) 16.9 19.7 39.4 19.1 18.9 8.6 271.0 16.5 (0.8) 39.2 28.2 29.7 38.0 (5.1) 5.5 6.6 9.1 5.5 50.3 29.4 35.0 32.5 23.6 47.2 18.1 18.6 18.3 21.9 10.7 14.6 19.4 (19.8) 3.5 8.8 44.1 30.9 12.7 4.1 3.6 18.0 0.9 (25.0) (4.7) (2.5) 1.8
Net Income (1,906) 1,690 1,736 630 425 1,439 782 822 1,384 2,756 658 577 978 573 (574) (1,649) (413) 239.7 258 658 679 430.0 262.5 428.8 (1,003.5) 160.3 347.4 157.9 143.0 (191.7) 163.7 59.5 (63.6) 183.2 196.5 88.4 140.1 161.1 91.4 174.1 (32.8) 6.1 41.1 56.4 30.9 22.2 2.2 71.7 72.2 159.2 192.5 58.7 249.0 171.5 82.8 (41.4) 98.0 10.9 (466.9) (51.0) 38.2 206.3 24.1 (75.1) (60.7) 5.0 (46.7) (37.4) (245.2) (481.8) (96.4) 144.0
Per Share Data
EPS (Basic) -3.24 2.78 2.82 1.03 0.68 2.42 1.29 1.36 2.31 4.75 1.10 1.00 1.67 0.98 -0.98 -2.82 -0.70 0.94 1.02 2.79 2.89 1.85 1.11 1.84 -4.47 0.68 1.64 0.74 0.67 -1.00 0.77 0.25 -0.34 0.92 1.00 0.44 0.75 0.87 0.50 0.91 -0.19 0.20 0.30 0.09 0.04 -0.05 0.33 0.32 0.94 1.13 0.32 1.60 1.12 0.55 -0.38 0.66 -3.86 -0.46 0.33 0.23 -0.79 -0.63 -0.48 -0.38 -4.92 -0.98 1.47
EPS (Diluted) -3.24 2.78 2.78 1.02 0.68 2.39 1.29 1.35 2.28 4.65 1.10 1.00 1.67 0.98 -0.98 -2.82 -0.70 0.94 1.02 2.79 2.89 1.85 1.11 1.84 -4.47 0.68 1.63 0.74 0.67 -1.00 0.77 0.25 -0.34 0.91 1.00 0.44 0.75 0.87 0.50 0.91 -0.19 0.20 0.30 0.09 0.04 -0.05 0.33 0.32 0.93 1.13 0.32 1.59 1.12 0.55 -0.38 0.66 -3.86 -0.46 0.33 0.23 -0.79 -0.63 -0.48 -0.38 -4.92 -0.98 1.47
Shares Outstanding 595 607.9 589 587 587.3 584 585.4 587.1 588.1 584 578.8 579.0 584.1 583 584.3 584.8 586.5 245.6 239.5 231.1 230.0 227.9 227.8 227.7 226.8 223.0 205.8 199.6 200.8 200.3 200.3 200.7 198.4 195.3 192.9 190.6 186.5 185.1 184.4 183.7 182.7 0 176.2 170.4 166.0 162.1 158.5 152.9 147.8 145.1 142.8 137.3 131.2 130.0 129.0 126.5 125.3 0 122.4 121.0 98.2 0 97.8 96.3 95.8 0 97.9 97.9 0 97.9 97.9 97.9
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2009 Q4
Current Assets
Cash & Cash Equivalents 23,450 19,240 18,415 13,248 13,300 16,166 16,660 16,888 18,139 15,928 12,935 12,311 15,876 9,452 11,515 13,064 10,562 1,380 2,762.8 2,630.4 2,725.9 2,448.8 2,644.2 1,611.6 1,276.9 1,601.5 1,284.6 1,012.8 767.9 659.4 907.9 1,152.1 837.6 479.5 786.4 1,125.2 1,152.2 855.0 986.4 892.2 582.5 483.5 366.2
Short-Term Investments 0 228,820 227,549 218,218 203,131 189,814 188,355 172,521 164,647 154,315 135,772 133,607 122,786 117,921 105,457 103,699 107,394 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 225.5 364.6 198.9 0 0 0 0 0 0 1,630.9 1,554.2
Net Receivables 11,165 10,945 10,840 9,273 9,424 8,778 8,026 6,667 5,624 4,603 4,566 4,739 4,693 4,823 4,786 4,845 5,015 490 540.3 467.4 466.1 510.6 545.5 539.6 695.3 465.6 487.5 471.4 391.2 395.4 352.3 343.2 345.4 315 1,865.3 1,552.8 1,670.7 1,517.6 1,289.5 1,108.3 752.3 529.3 617.5
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 1,351 2,786 2,486 2,213 946 967 1,095 1,577 1,763 1,492 2,393.9 2,209 1,613.9 1,721 1,446 1,872 650.2 1,052.8 1,524.9 707.7 17.7 17.7 81.4 19.8 19.8 19.8 17.7 3.5 3.5 3.5 3.9 3.9 3.9 4.2 5.0 4.9 4.7 4.8 5.3 5.4 1,510.9 6.8
Total Current Assets 34,615 260,356 259,590 243,225 228,068 215,704 214,008 197,171 189,987 176,609 154,765 153,130 145,564 133,872 123,479 123,054 124,843 2,578 4,417.2 4,691.0 3,967.1 3,023.8 3,251.6 2,278.3 2,034.8 2,142.1 1,839.8 1,554.2 1,218.2 1,107.9 1,431.2 1,672.9 1,586.6 1,352.6 2,854.8 2,683.0 2,827.9 2,455.5 2,280.7 2,005.8 1,340.2 4,154.5 2,544.7
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 0 0 0 0 0 0 954.7 0 877.1 0 0 0 576.7 474.2 444.8 373.3 375.1 374.5 375.6 241.2 232.7 216.7 120.6 123.6 20.0 19.3 18.3 18.5 19.2 0 0 0 25.2 0 0 0 63.7 67.8
Goodwill 0 5,920 5,900 4,339 4,331 4,327 4,335 4,328 4,328 4,329 4,324 4,329 4,325 4,322 4,322 4,417 4,312 117 117.0 117.0 117.0 117.0 117.0 117.0 93.9 93.9 88.9 88.9 88.9 88.9 88.9 88.9 88.9 88.9 88.9 88.9 88.9 88.9 88.9 88.9 88.9 48.9 47.9
Intangible Assets 5,912 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16.5 20.6 22.7 23.6 25.2 24.2 21.3 20.6 19.9 19.3 19.4 18.9 18.9 17.3 17.9 18.8 19.2 19.8 21.0 22.7 24.7 26.4 28.1 62.7 69.1
Long-Term Investments 399,327 157,777 147,385 138,811 131,990 125,515 119,888 114,533 111,320 106,702 101,400 102,303 99,908 98,868 99,626 100,245 113,689 26,091 21,992.0 21,570.2 22,104.3 19,128.4 13,877.7 14,150.2 12,808.7 5,377.4 5,188.6 5,116.5 4,824.9 4,291.2 5,007.8 4,413.4 4,810.3 5,120.7 3,077.5 2,626.4 2,566.7 2,408.6 2,337.5 2,284.3 2,097.4 0 0
Other Non-Current Assets 27,676 36,896 36,668 33,175 30,656 32,349 30,458 30,472 28,416 25,848 22,746 20,672.4 20,527 18,644.2 22,913 20,134 18,711 715.2 806.9 462.7 444.8 462.0 303.2 268.4 247.3 202.2 179.5 171.8 155.0 158.7 57.6 64.3 45.9 53.3 228.3 205.5 195.6 56.5 162.2 134.6 156.1 13.5 11.3
Total Non-Current Assets 432,915 200,593 189,953 176,325 166,977 162,191 154,681 149,333 144,064 136,879 128,470 128,854 124,760 123,345 126,861 124,796 136,712 27,924 23,873.4 22,850.4 23,443.0 20,645.3 15,376.3 15,680.1 14,288.0 6,400.0 6,224.6 5,794.1 5,503.3 4,883.8 5,541.0 4,966.1 5,361.9 5,638.5 4,005.6 3,538.9 3,433.7 3,174.0 3,209.5 3,156.4 3,020.6 819.5 840.5
Total Assets 467,530 460,949 449,543 419,550 395,045 377,895 368,689 346,504 334,051 313,488 283,235 281,984 270,324 257,217 250,340 247,850 261,555 30,502 28,290.6 27,541.3 27,410.1 23,669.1 18,627.9 17,958.4 16,322.8 8,542.1 8,064.3 7,348.2 6,721.5 5,991.7 6,972.2 6,639.0 6,948.5 6,991.1 6,860.4 6,221.9 6,261.6 5,629.6 5,490.2 5,162.2 4,360.8 4,974.0 3,385.2
Current Liabilities
Account Payables 0 3,861 4,326 4,079 3,773 3,616 3,908 3,638 3,425 3,338 3,657 3,286 3,189 2,975 3,032 2,937 3,208 2,847 209.3 141.7 130.7 120.0 143.7 119.9 100.2 94.4 96.8 89.8 83.8 70.9 82.0 74.5 81.5 68.9 79.1 60.1 72.2 57.5 116.3 116.8 98.7 33.1 548.6
Short-Term Debt 0 0 0 0 0 0 0 0 16 31 31 33 34 35 33 35 37 38 38.4 39.3 38.9 40.5 38.9 37.3 36.6 54.5 67.8 70.8 69.8 71.4 72.3 69.2 73.0 370.9 369.8 367.5 362.9 362.1 365.9 365.1 551.3 0 0
Deferred Revenue 0 315,889 309,737 292,238 273,439 253,637 245,436 228,389 220,234 204,670 189,065 184,359 181,100 173,616 166,894 164,571 164,369 0 175.2 74.9 126.0 30.4 120.1 63.2 128.1 84.6 172.2 92.3 183.5 111.1 182.0 109.2 145.3 128.1 155.1 116.1 171.3 174.9 204.5 158.5 175.5 271.3 321.4
Other Current Liabilities 0 0 (500) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 0 331,897 324,298 304,337 285,173 269,615 258,005 242,657 232,647 216,445 201,283 198,415 195,499 184,331 177,997 174,601 175,806 4,107 2,586.1 2,217.5 2,154.2 1,642.0 1,681.5 1,419.0 1,945.0 1,493.5 1,537.5 1,250.4 1,249.6 1,130.9 1,433.8 1,324.8 1,426.2 1,748.2 1,958.2 1,738.3 1,840.0 1,782.7 1,814.3 1,648.1 1,677.2 913.7 936.3
Non-Current Liabilities
Long-Term Debt 14,220 13,364 12,631 12,144 10,581 10,588 9,807 9,815 9,580 8,061 7,006 6,689 6,473 6,487 7,807 7,873 13,868 13,650 13,635.7 13,691.0 14,390.8 14,247.2 11,223.5 10,742.1 9,576.3 3,446.3 3,109.5 3,139.5 2,679.9 2,144.6 2,169.3 2,168.7 2,314.7 1,993.6 1,963.9 1,875.7 1,788.0 1,776.9 1,828.8 1,812.2 1,329.3 1,939.6 933.8
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 413,777 73,173 72,817 69,208 66,947 66,712 69,336 65,618 64,808 63,737 56,984 58,851.8 50,618 50,336.6 61,650 57,215 51,603 275.8 1,417.3 1,593.7 1,632.6 1,151 1,197.0 1,153.2 967.6 270.1 195.1 219.9 57.1 153.3 193.2 214.4 155.5 223.4 191.2 138.6 114.5 27.5 31.8 28.7 (8.3) 264.0 41.4
Total Non-Current Liabilities 427,997 86,537 85,448 81,352 77,528 77,300 79,143 75,433 74,388 71,798 63,990 66,242 57,091 57,488 69,457 65,088 65,471 14,431 15,480.5 15,694.7 16,357.0 15,731.1 12,757.3 12,297.5 10,878.7 4,010.5 3,684.4 3,556.9 3,029.7 2,408.9 2,544.6 2,492.2 2,615.5 2,345.1 2,310.2 2,130.4 2,073.8 1,979.3 2,065.1 1,999.4 1,496.5 2,203.5 975.2
Total Liabilities 427,997 418,434 409,746 385,689 362,701 346,915 337,148 318,090 307,035 288,243 265,273 264,657 252,590 241,819 247,454 239,689 241,277 18,538 18,066.5 17,912.2 18,511.3 17,373.1 14,438.9 13,716.5 12,823.8 5,504.0 5,221.9 4,807.3 4,279.3 3,539.8 3,978.3 3,817.0 4,041.7 4,093.3 4,268.4 3,868.7 3,913.8 3,762.0 3,879.3 3,647.5 3,173.8 3,117.2 2,086.1
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 5,157 7,634 7,306 5,919 5,634 6,022 4,865 4,376 3,862 2,972 535 153 (172) (1,007) (2,837) (1,943) (93) 1,144 1,078.9 990.8 477.3 0 (396.9) (653.7) (1,075.3) 0 0 (222.0) (372.6) (473.3) (273.5) (430.3) (481.8) (379.5) (560.6) (755.5) (838.7) (986.2) (1,147.8) (1,236.7) (1,403.3) (2,169.7) (2,029.5)
Accumulated Other Comprehensive Income (3,144) (2,645) (2,492) (3,693) (4,583) (5,494) (3,473) (5,820) (5,640) (5,575) (8,095) (6,392) (6,162) (7,335) (13,758) (9,790) (4,676) (5) (3.1) (2.5) (2.6) (2.1) 2.7 (3.9) (8.2) (4.6) (6.8) (5.2) (4.8) (4.2) (3.6) (3.1) (0.8) (1.8) (2.1) (3.0) (11.8) (8.7) (5.5) (7.0) (5.1) (2.5) (4.1)
Total Stockholders' Equity 19,951 23,341 23,137 19,321 17,976 17,253 17,863 15,273 14,787 14,044 8,442 8,229 8,074 6,640 (1,339) 3,679 10,993 3,789 2,647.9 2,365.1 1,937.2 1,429.3 1,089.6 929.0 556.6 1,852.2 1,764.6 1,379.3 1,321.5 1,376.2 1,627.4 1,550.1 1,554.9 1,462.9 1,329.5 1,222.0 1,177.3 835.1 723.1 685.3 549.4 (265.9) (304.0)
Total Liabilities & Equity 467,530 460,949 449,543 419,550 395,045 377,895 368,689 346,504 334,051 313,488 283,235 281,984 270,324 257,217 250,340 247,850 261,555 30,502 28,290.6 27,541.3 27,410.1 23,669.1 18,627.9 17,958.4 16,322.8 8,542.1 8,064.3 7,348.2 6,721.5 5,991.7 6,972.2 6,639.0 6,948.5 6,991.1 6,860.4 6,221.9 6,261.6 5,629.6 5,490.2 5,162.2 4,360.8 4,974.0 3,385.2
Debt Metrics
Total Debt 14,220 13,364 12,631 12,144 10,581 10,588 9,807 9,815 9,596 8,092 7,037 7,423.2 6,507 7,186.4 7,840 7,908 13,905 14,193.2 14,101.6 14,140.3 14,763.3 14,620.6 11,599.2 11,118.4 9,819.6 3,710.2 3,384.9 3,315.4 2,858.9 2,215.9 2,241.6 2,237.9 2,387.7 2,364.5 2,333.7 2,243.2 2,150.9 2,139.0 2,194.7 2,177.3 1,880.6 1,939.6 933.8
Net Debt (9,230) (5,876) (5,784) (1,104) (2,719) (5,578) (6,853) (7,073) (8,543) (7,836) (5,898) (4,887.8) (9,369) (2,265.6) (3,675) (5,156) 3,343 12,813.2 11,338.8 11,509.8 12,037.5 12,171.8 8,955.0 9,506.8 8,542.8 2,108.7 2,100.3 2,302.6 2,091.0 1,556.5 1,333.7 1,085.7 1,324.6 1,520.3 1,348.4 1,118.0 998.7 1,284.0 1,208.3 1,285.1 1,298.1 1,456.1 567.6
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income (1,411) 662 2,461 842 938 1,662 1,769 822 1,384 2,799 640 750 1,538 960 (1,174) (3,002) (1,530) 612.5 631.4 1,505.5 1,518.5 1,075.5 676.1 999.1 (2,283.8) 358.0 521.1 342.2 315.6 (377.9) 362.7 143.8 (109.3) 461.3 434.4 192.9 355.0 394.3 234.7 415.8 (74.6)
Depreciation & Amortization 397 391 400 332 308 296 281 260 238 217 241 180 165 161 162 138 133 7.4 6.9 7.0 6.1 5.8 4.5 4.1 4.5 4.3 4.0 3.7 3.6 4.0 3.6 3.7 3.9 3.1 6.8 4.1 4.4 4.6 4.6 4.9 4.6
Stock-Based Compensation 232 248 208 166 149 243 136 142 189 604 142 140 140 130 117 125 168 1,015.0 56.2 53.0 56.4 51.9 49.7 59.4 52.1 57.2 42.7 44.7 45.1 49.6 50.3 37.8 35.5 21.1 24.5 22.7 23.1 28.8 26.2 34.0 14.0
Change in Working Capital 1,580 2,205 2,834 1,521 (359) (648) 1,251 111 1,422 121 (1,707) 3,580 1,441 (1,028) 2,453 5,319 375 56.5 (251.9) 27.1 1,134.9 (97.7) 264.9 370.9 (846.1) (83.9) 197.8 (46.4) 121.1 (448.0) 158.8 (14.4) (102.3) (371.6) (37.6) (22.3) (84.2) (309.9) (39.0) (156.0) 121.3
Other Non-Cash Items 822 (687) (5,600) (1,599) (24) (1,557) (1,583) (2) (3,163) 214 (1,162) (1,508) (2,213) 1,242 786 1,393 (3,139) (2,873.9) 592.4 (431.7) (3,130.0) (4,304.5) (483.5) (1,494.8) 4,252.1 (161.9) (182.5) (200.3) (208.3) 775.2 (214.7) 166.0 206.8 (237.5) (191.1) 13.0 (128.0) (105.5) 17.6 (150.3) 63.1
Operating Cash Flow 1,620 2,819 303 1,262 1,012 (4) 1,854 1,333 70 2,064 (364) 3,551 1,071 1,465 2,344 3,973 (3,993) (1,072.9) 1,043.8 1,321.9 (228.8) (3,131.1) 577.3 69.8 867.6 247.7 384.4 158.5 292.1 43.4 375.8 353.5 41.5 140.8 250.9 211.7 204.8 42.1 271.0 178.0 124.2
Investing Activities
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 (9,324) (8,981) 0 0 0 0 0 (37.0) (14.5) (7.7) (5.5) (11.5) (10.5) (19.5) (18.2) (20.9) (9.0) (4.7) (4.9) (4.7) (4.9) (2.9) (2.2) (2.6) (2.3) (2.6) (1.0) (1.4) (1.2) (1.4) (2.3)
Acquisitions 20,090 99 (33,448) 15,907 17,640 0 18,975 13,745 8,967 5,556 6,493 7,421 4,932 53,393 0 (9) 10,429 (111.3) (107.4) (117.4) (30.6) (22.7) (34.6) (28.8) (82.5) (70.5) (21.4) (32.4) (62.7) (83.6) (25.0) (123.9) (36.5) (37.1) (43.6) (29.1) (43.5) (36.4) (82.5) (63.5) (42.6)
Purchases of Investments (28,698) (46,511) (19,139) (34,368) (35,430) (29,084) (34,107) (30,633) (27,802) (23,035) (16,743) (19,145) (11,031) 0 (17,624) (14,803) (19,946) (3,144.4) (1,149.7) (37.2) (817.1) (855.4) (6.0) (141.0) (1,438.2) 79.2 14.4 13.9 (556.6) (24.1) (413.1) 28.9 (117.4) (162.9) (208.9) (4.7) 0 (2.4) (0.3) (19.6) (24.6)
Sales/Maturities of Investments 0 36,061 43,700 0 0 0 0 18,506 11,481 10,267 9,324 8,981 0 0 5,772 9,956 13,555 1,987.0 85.4 820.3 816.8 61.7 758.3 113.4 748.5 0.9 161.9 0.8 230.4 (2.5) 20.9 225.8 228.3 37.2 28.8 31.8 0 34.1 37.0 21.2 10.4
Other Investing Activities 274 (1,280) (4,350) (1,168) 902 12,834 666 (16,318) (9,031) (1,920) 39 (144) 459 (64,666) 499 935 (935) 97.7 70.8 95.0 55.3 (2.4) 60.2 60.3 31.1 (0.4) (0.1) (1.2) 19.2 37.2 29.0 (1.5) 25.0 (7.5) 0.5 (1.2) 31.6 (4.4) (3.4) (1.7) 2.1
Investing Cash Flow (8,334) (11,631) (13,237) (19,629) (16,888) (16,250) (14,466) (14,700) (16,385) (14,688) (10,211) (11,868) (5,640) (11,273) (11,353) (3,921) 3,103 (1,208.1) (1,115.4) 753.0 18.9 (830.2) 767.5 (15.5) (759.4) (11.7) 146.0 (23.6) (374.6) (77.7) (393.2) 126.3 97.2 (172.8) (225.5) (5.9) (12.9) (10.4) (50.4) (64.9) (57.0)
Financing Activities
Net Debt Issuance 1,727 71 1,156 1,871 (524) 1,056 (800) 127 2,303 80 897 810 (655) (1,248) (56) 55 2,961 63 (140) (614) 57 2,802.3 (102.2) 709.2 (34.6) 308.0 0 456.0 550.0 0 3.6 (91.1) (1.4) 18.0 59.3 32.6 0 (1.0) 0 314.3 18.4
Stock Repurchased (632) (240) (340) 0 (193) (102) (453) (75) (260) (26) 0 (77) (458) (172) (26) (211) (226) (98.7) (78) (123) 0 0 (27.4) 0 (64.2) 0 (4.6) (33.8) (72.3) (9.1) (29.4) (11.7) (40.8) 0 (11.2) (7.1) (0.2) (0.4) (0.0) (0.1) (12.9)
Dividends Paid (336) (335) (330) (331) (302) (301) (301) (304) (283) (281) (256) (256) (241) (240) (264) (229) (229) (137) (135) (129) (153) (130.0) (125.2) (109.0) (222.0) (125.0) (114.0) (105.5) (127.5) (106.2) (99.8) (89.7) (142.8) (82.4) (108.3) (102.5) (87.1) (67.0) (70.8) (47.8) (53.6)
Other Financing Activities 9,113 8,714 18,678 16,275 15,293 15,092 13,805 11,886 16,582 16,106 8,183 4,537 12,877 9,357 8,079 2,425 8,734 725.8 86 (488) 611 1,093.7 (121.1) (258.2) (112.1) (102.0) (137.8) (192.4) (159.2) (98.9) (101.7) (198.5) (24.6) (93.4) (104.7) (140.2) (91.0) (82.5) (80.9) (64.9) (87.1)
Financing Cash Flow 9,872 8,210 19,164 17,815 14,274 15,745 12,251 11,634 18,342 15,880 10,221 5,014 11,523 7,697 7,733 2,040 11,240 553 (267) (1,354) 1,177 3,766 (375.9) 342.1 (432.9) 80.9 (256.4) 124.2 191.0 (214.2) (227.3) (390.9) 80.2 (157.7) (164.9) (217.5) 86.5 (150.9) (151.6) 201.5 (135.1)
Cash Position
Net Change in Cash 3,157 (610) 6,230 (542) (1,599) (515) (356) (1,733) 2,025 3,264 (357) (3,301) 6,957 (2,108) (1,274) 2,076 10,346 (1,727.3) (339.8) 721.8 967.1 (195.3) 968.9 396.3 (324.7) 316.9 273.9 259.1 108.5 (248.5) (244.6) 89.0 218.9 (189.8) (139.4) (11.6) 278.4 (119.3) 69.0 314.6 (67.9)
Cash at Beginning 20,591 21,201 14,971 15,513 17,112 17,627 17,983 19,716 17,691 14,427 14,784 18,085 11,128 13,236 14,510 12,434 2,088 3,815.6 4,155.4 3,433.6 2,466.5 2,661.9 1,693.0 1,296.6 1,621.3 1,304.4 1,030.5 771.3 662.9 911.3 1,156.0 1,067.0 848.1 941.0 1,080.5 1,092.1 813.7 932.9 864.0 549.4 617.3
Cash at End 23,748 20,591 21,201 14,971 15,513 17,112 17,627 17,983 19,716 17,691 14,427 14,784 18,085 11,128 13,236 14,510 12,434 2,088.3 3,815.6 4,155.4 3,433.6 2,466.5 2,661.9 1,693.0 1,296.6 1,621.3 1,304.4 1,030.5 771.3 662.9 911.3 1,156.0 1,067.0 751.3 941.0 1,080.5 1,092.1 813.7 932.9 864.0 549.4
Free Cash Flow 1,620 2,819 303 1,262 1,012 (4) 1,854 1,333 70 2,064 (9,688) (5,430) 1,071 1,465 2,344 3,973 (3,993) (1,110.0) 1,029.3 1,314.2 (234.3) (3,142.6) 566.9 50.3 849.4 226.8 375.4 153.8 287.2 38.6 370.9 350.6 39.4 138.2 248.6 209.1 203.8 40.7 269.8 176.6 121.9
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2008 Q4 2008 Q3 2008 Q1 2007 Q1
Income Statement
Revenue 4,932 8,114 9,823 6,814 5,548 5,283 7,773 6,018 7,040 11,046 2,595 13,702 5,301 4,842 2,979 2,286 862 1,195.3 1,078 1,383 2,295 1,296.5 1,018.3 1,508.3 (1,469.1) 914.8 702.7 636.6 677.8 (114.9) 517.7 523.3 166.9 869.5 711.7 449.7 682.1 685.4 503.7 660.4 120.8 193.7 193.3 351.7 303.0 275.4 221.1 572.2 491.4 795.1 1,132.1 497.3 1,309.1 1,159.2 712.4 211.6 776.7 646.0 (1,479.6) 308.9 696.3 1,348.4 458.7 79.3 223.6 454.6 213.7 141.7 20.7 (310.3) 15.4 124.9
Gross Profit 4,932 5,652 9,447 6,484 5,222 4,994 7,482 5,727 6,771 10,785 2,341 13,445 5,046 5,344 2,747 2,052 128 955.0 577 787 1,408 1,215.0 855.1 1,357.3 (1,608.4) 436.0 444.8 400.0 390.1 (101.3) 291.6 299.9 27.8 560.1 441.1 263.4 413.1 380.2 294.8 399.0 47.2 90.0 88.7 178.9 146.7 156.2 122.5 292.8 247.9 509.9 605.4 257.2 766.8 560.6 265.5 (25.3) 313.7 96.4 (1,269.1) (109.9) 113.4 557.8 (5.2) (234.7) 223.6 (1,040.4) (134.6) (200.9) (822.9) (310.3) (252.6) 15.4
Operating Income 330 4,268 3,172 1,448 1,533 1,922 2,256 1,714 2,407 2,104 1,091 1,055 1,896 1,293 (899) (3,028) (1,792) (464.0) 465 671 1,308 659.2 522.7 838.2 (1,109.0) 344.4 359.4 318.1 318.4 (172.9) 221.0 237.4 (33.8) 492.2 372.9 203.6 351.0 320.5 236.3 328.9 (11.4) 16.4 28.5 116.3 88.0 86.5 59.9 225.8 182.2 432.7 542.3 185.2 703.3 479.6 203.8 (86.6) 253.5 36.9 (1,311.7) (160.8) 54.8 495.4 (40.0) (273.3) (204.9) (58.8) (178.6) (236.5) (303.0) (611.7) (325.2) (13.2)
Net Income (1,906) 1,690 1,736 630 425 1,439 782 822 1,384 2,756 658 577 978 573 (574) (1,649) (413) 239.7 258 658 679 430.0 262.5 428.8 (1,003.5) 160.3 347.4 157.9 143.0 (191.7) 163.7 59.5 (63.6) 183.2 196.5 88.4 140.1 161.1 91.4 174.1 (32.8) 6.1 41.1 56.4 30.9 22.2 2.2 71.7 72.2 159.2 192.5 58.7 249.0 171.5 82.8 (41.4) 98.0 10.9 (466.9) (51.0) 38.2 206.3 24.1 (75.1) (60.7) 5.0 (46.7) (37.4) (245.2) (481.8) (96.4) 144.0
EPS (Diluted) -3.24 2.78 2.78 1.02 0.68 2.39 1.29 1.35 2.28 4.65 1.10 1.00 1.67 0.98 -0.98 -2.82 -0.70 0.94 1.02 2.79 2.89 1.85 1.11 1.84 -4.47 0.68 1.63 0.74 0.67 -1.00 0.77 0.25 -0.34 0.91 1.00 0.44 0.75 0.87 0.50 0.91 -0.19 0.20 0.30 0.09 0.04 -0.05 0.33 0.32 0.93 1.13 0.32 1.59 1.12 0.55 -0.38 0.66 -3.86 -0.46 0.33 0.23 -0.79 -0.63 -0.48 -0.38 -4.92 -0.98 1.47
Balance Sheet
Cash & Equivalents 23,450 19,240 18,415 13,248 13,300 16,166 16,660 16,888 18,139 15,928 12,935 12,311 15,876 9,452 11,515 13,064 10,562 1,380 2,762.8 2,630.4 2,725.9 2,448.8 2,644.2 1,611.6 1,276.9 1,601.5 1,284.6 1,012.8 767.9 659.4 907.9 1,152.1 837.6 479.5 786.4 1,125.2 1,152.2 855.0 986.4 892.2 582.5 483.5 366.2
Total Assets 467,530 460,949 449,543 419,550 395,045 377,895 368,689 346,504 334,051 313,488 283,235 281,984 270,324 257,217 250,340 247,850 261,555 30,502 28,290.6 27,541.3 27,410.1 23,669.1 18,627.9 17,958.4 16,322.8 8,542.1 8,064.3 7,348.2 6,721.5 5,991.7 6,972.2 6,639.0 6,948.5 6,991.1 6,860.4 6,221.9 6,261.6 5,629.6 5,490.2 5,162.2 4,360.8 4,974.0 3,385.2
Total Debt 14,220 13,364 12,631 12,144 10,581 10,588 9,807 9,815 9,596 8,092 7,037 7,423.2 6,507 7,186.4 7,840 7,908 13,905 14,193.2 14,101.6 14,140.3 14,763.3 14,620.6 11,599.2 11,118.4 9,819.6 3,710.2 3,384.9 3,315.4 2,858.9 2,215.9 2,241.6 2,237.9 2,387.7 2,364.5 2,333.7 2,243.2 2,150.9 2,139.0 2,194.7 2,177.3 1,880.6 1,939.6 933.8
Stockholders' Equity 19,951 23,341 23,137 19,321 17,976 17,253 17,863 15,273 14,787 14,044 8,442 8,229 8,074 6,640 (1,339) 3,679 10,993 3,789 2,647.9 2,365.1 1,937.2 1,429.3 1,089.6 929.0 556.6 1,852.2 1,764.6 1,379.3 1,321.5 1,376.2 1,627.4 1,550.1 1,554.9 1,462.9 1,329.5 1,222.0 1,177.3 835.1 723.1 685.3 549.4 (265.9) (304.0)
Cash Flow
Operating Cash Flow 1,620 2,819 303 1,262 1,012 (4) 1,854 1,333 70 2,064 (364) 3,551 1,071 1,465 2,344 3,973 (3,993) (1,072.9) 1,043.8 1,321.9 (228.8) (3,131.1) 577.3 69.8 867.6 247.7 384.4 158.5 292.1 43.4 375.8 353.5 41.5 140.8 250.9 211.7 204.8 42.1 271.0 178.0 124.2
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 (9,324) (8,981) 0 0 0 0 0 (37.0) (14.5) (7.7) (5.5) (11.5) (10.5) (19.5) (18.2) (20.9) (9.0) (4.7) (4.9) (4.7) (4.9) (2.9) (2.2) (2.6) (2.3) (2.6) (1.0) (1.4) (1.2) (1.4) (2.3)
Free Cash Flow 1,620 2,819 303 1,262 1,012 (4) 1,854 1,333 70 2,064 (9,688) (5,430) 1,071 1,465 2,344 3,973 (3,993) (1,110.0) 1,029.3 1,314.2 (234.3) (3,142.6) 566.9 50.3 849.4 226.8 375.4 153.8 287.2 38.6 370.9 350.6 39.4 138.2 248.6 209.1 203.8 40.7 269.8 176.6 121.9