Baxter International Inc. logo BAX - Baxter International Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 15
HOLD 20
SELL 1
STRONG
SELL 0
| PRICE TARGET: $20.00 DETAILS
HIGH: $27.00
LOW: $15.00
MEDIAN: $19.50
CONSENSUS: $20.00
UPSIDE: 4.28%
Annual Quarterly
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 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 2,701 2,974 2,835 2,810 2,625 2,753 2,699 2,694 2,490 3,885 2,599 3,707 3,513 3,887 3,609 3,594 3,707 3,514 3,226 3,098 2,946 3,181 2,972 2,718 2,802 3,039 2,851 2,834 2,638 2,841 2,761 2,842 2,677 2,774 2,707 2,605 2,475 2,645 2,558 2,585 2,375 2,603 2,487 2,475 2,403 4,472 2,709 4,154 3,848 4,368 3,710 3,669 3,448 3,753 3,477 3,572 3,388 3,594 3,479 3,536 3,284 3,498 3,224 3,194 2,927 3,470 3,145 3,123 2,824 3,131 3,151 3,189 2,877 3,009 2,750 2,829 2,675 2,763 2,557 2,649 2,409 2,491 2,398 2,577 2,383 2,601 2,320 2,379 2,209 2,537 2,162 2,036 2,022 2,136 1,870 1,757 1,932 1,687 1,694 1,583
Cost of Revenue 1,810 2,397 1,885 1,819 1,764 1,794 1,666 1,663 1,529 2,413 1,543 2,596 2,238 2,424 2,564 2,223 2,359 2,108 1,905 1,865 1,801 1,990 1,777 1,680 1,639 1,741 1,621 1,681 1,558 1,649 1,529 1,603 1,563 1,612 1,577 1,473 1,431 1,543 1,487 1,613 1,410 1,531 1,453 1,454 1,384 2,248 1,516 2,185 1,957 2,414 1,804 1,730 1,692 1,848 1,667 1,700 1,674 1,829 1,708 1,701 1,609 1,880 1,565 1,556 1,884 1,703 1,513 1,485 1,336 1,529 1,630 1,562 1,497 1,524 1,374 1,437 1,409 1,448 1,342 1,494 1,357 1,490 1,388 1,464 1,414 1,481 1,357 1,440 1,315 1,397 1,191 997 1,101 1,152 1,044 986 972 816 867 804
Gross Profit 891 577 950 991 861 959 1,033 1,031 961 1,472 1,056 1,111 1,275 1,463 1,045 1,371 1,348 1,406 1,321 1,233 1,145 1,191 1,195 1,038 1,163 1,298 1,230 1,153 1,080 1,192 1,232 1,239 1,114 1,162 1,130 1,132 1,044 1,102 1,071 972 965 1,072 1,034 1,021 1,019 2,224 1,193 1,969 1,891 1,954 1,906 1,939 1,756 1,905 1,810 1,872 1,714 1,765 1,771 1,835 1,675 1,618 1,659 1,638 1,043 1,767 1,632 1,638 1,488 1,602 1,521 1,627 1,380 1,485 1,376 1,392 1,266 1,315 1,215 1,155 1,052 1,001 1,010 1,113 969 1,120 963 939 894 1,140 971 1,039 921 984 826 771 960 871 827 779
Operating Expenses
R&D Expenses 139 126 118 134 140 211 129 130 120 172 133 165 164 155 151 148 150 138 129 139 128 135 123 117 146 156 144 166 129 175 166 174 140 182 150 155 127 157 159 195 136 161 148 151 143 335 149 322 309 437 277 273 246 291 290 306 269 254 239 239 214 262 207 219 227 246 228 231 212 226 230 222 190 221 203 177 159 181 149 146 138 134 133 133 133 128 124 129 136 141 139 141 123 115 104 103 106 97 93 83
SG&A Expenses 728 761 708 718 703 761 754 723 729 977 744 964 995 912 941 970 1,052 885 680 675 627 650 601 590 628 666 627 641 601 629 684 681 622 697 680 630 564 663 726 709 641 733 794 783 784 1,091 827 988 910 1,064 975 838 795 1,040 743 789 752 886 787 765 716 833 670 721 683 788 672 660 611 674 681 703 640 654 663 621 583 612 562 582 526 519 491 537 507 789 462 532 464 481 466 387 390 413 361 343 406 328 336 315
Other Expenses (42) 419 (48) (52) (40) 422 (5) (1) (3) (6) 0 (1) (13) 43 2,833 (11) (17) 0 (1) (5) 0 0 1 0 (20) (60) (44) (4) (33) (10) 0 0 (80) 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 70 0 0 0 0 0 0 0 (104) 0 0 0 543 3 0 337 138 51 292 11 12 104 118 86 97
Operating Expenses 825 1,306 778 800 803 1,394 878 852 846 1,143 877 1,128 1,146 1,110 3,925 1,107 1,185 1,023 808 809 755 785 725 707 754 762 727 803 697 794 850 855 682 879 830 785 691 820 885 904 777 894 942 934 927 1,426 976 1,310 1,219 1,501 1,252 1,111 1,041 1,331 1,033 1,095 1,021 1,140 1,026 1,004 930 1,095 877 940 910 1,034 900 891 823 900 911 925 830 875 866 868 742 793 711 728 664 653 624 566 640 917 586 1,204 603 622 942 666 564 820 476 458 616 543 515 495
Operating Income
Operating Income 66 (729) 172 191 58 (435) 155 179 115 329 179 (17) 129 353 (2,880) 264 163 383 513 424 390 406 470 331 409 536 503 350 383 398 382 384 432 283 300 347 353 282 186 68 188 178 92 87 92 798 217 659 672 453 654 828 715 574 777 777 693 625 745 831 745 523 782 698 133 733 732 747 665 702 610 702 550 610 510 524 524 522 504 427 388 348 386 547 329 203 377 (265) 291 518 29 373 357 164 350 313 344 328 312 284
Interest Expense 66 69 68 72 81 100 101 104 103 117 136 132 127 125 109 93 88 78 54 37 37 41 42 40 30 30 28 28 25 23 24 24 22 23 22 21 20 20 20 16 33 37 38 36 35 36 36 47 48 49 51 24 31 28 31 27 27 25 23 22 22 27 30 30 28 44 27 29 31 0 37 25 37 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
Interest Income 0 11 10 14 17 10 14 18 25 44 9 8 10 8 5 4 3 4 4 3 3 3 3 4 9 10 15 8 7 12 13 13 10 9 8 8 6 7 6 5 5 5 4 6 5 7 5 5 5 8 6 7 6 6 6 5 9 10 9 7 12 8 6 5 9 0 4 5 5 0 17 0 20 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
Profitability
EBITDA 303 (447) 426 462 325 (176) 424 448 420 679 292 264 454 683 (2,605) 655 562 606 711 651 605 464 666 531 607 16 704 547 603 659 595 623 652 515 496 511 542 500 352 1,440 3,551 408 221 334 370 892 341 902 937 730 922 950 907 780 976 1,024 934 740 926 994 911 673 842 869 306 931 849 907 816 887 764 861 730 763 651 741 664 666 650 573 527 491 531 588 476 359 527 425 439 664 497 618 517 557 459 421 448 446 398 381
EBIT 66 (687) 189 205 78 (421) 170 221 149 355 200 (51) 141 349 (2,936) 312 182 361 505 429 388 251 457 329 408 (193) 509 354 411 468 396 428 460 316 312 327 348 299 148 1,234 3,362 242 5 144 183 634 238 649 701 480 715 767 724 602 797 844 759 573 750 825 753 494 671 700 140 759 685 753 668 737 599 701 574 610 510 594 524 522 504 427 388 348 386 443 329 203 377 278 291 518 366 511 408 444 350 313 344 328 312 284
Income Before Tax (6) (756) 121 133 (3) (521) 69 117 46 238 64 (183) 14 224 (3,045) 219 94 283 451 392 351 210 415 289 378 (223) 481 326 386 445 372 404 438 293 290 306 328 279 128 1,218 3,329 205 (33) 108 148 598 202 602 653 431 664 743 693 574 766 817 732 548 727 803 731 467 641 670 112 715 658 724 637 687 562 676 537 594 483 508 529 515 479 398 354 384 350 412 298 167 346 (332) 252 506 (12) 356 277 (33) 342 287 364 312 13 257
Income Tax Expense 11 279 172 11 (67) (33) 8 22 40 165 27 10 (30) 39 (54) 34 21 41 (1) 91 51 39 56 42 45 (204) 106 13 44 91 (146) 61 49 354 42 42 55 39 1 6 (58) 22 (35) 34 14 74 27 134 146 105 136 153 141 80 183 156 144 76 149 174 154 41 117 133 172 139 126 135 119 118 86 128 105 116 88 77 126 82 105 89 72 90 234 88 74 61 87 (163) 63 128 (58) 92 77 42 89 73 94 81 (33) 66
Net Income (15) (1,128) (46) 91 126 (512) 140 (314) 37 245 2,508 (141) 44 181 (2,937) 252 71 238 450 298 298 168 356 246 332 (23) 369 313 342 348 518 343 389 (71) 251 265 272 243 130 1,212 3,380 205 1 332 430 953 468 520 556 326 544 590 552 494 583 661 588 463 576 615 570 423 525 535 (63) 572 530 587 516 569 472 544 429 478 395 431 403 431 374 309 282 292 116 322 226 106 276 (170) 178 371 35 9 200 (75) 253 162 270 231 48 191
Per Share Data
EPS (Basic) -0.03 -2.16 -0.09 0.18 0.25 -1.00 0.28 -0.61 0.07 0.48 4.95 -0.28 0.09 0.36 -5.83 0.50 0.14 0.48 0.90 0.59 0.59 0.33 0.70 0.48 0.65 -0.05 0.72 0.61 0.67 0.66 0.97 0.64 0.72 -0.13 0.46 0.49 0.50 0.45 0.24 2.21 6.16 0.37 0.00 0.61 0.79 1.76 0.86 0.96 1.02 0.60 1.00 1.09 1.01 0.90 1.07 1.20 1.05 0.82 1.02 1.08 0.99 0.73 0.90 0.90 0.87 0.95 0.88 0.97 0.84 0.93 0.76 0.87 0.68 0.76 0.62 0.66 0.62 0.66 0.58 0.47 0.44 0.46 0.19 0.52 0.37 0.17 0.45 -0.28 0.29 0.61 0.06 0.01 0.33 -0.12 0.43 0.28 0.46 0.39 0.08 0.35
EPS (Diluted) -0.03 -2.16 -0.09 0.18 0.25 -1.00 0.27 -0.61 0.07 0.48 4.93 -0.28 0.09 0.36 -5.83 0.50 0.14 0.47 0.89 0.59 0.58 0.33 0.69 0.48 0.64 -0.04 0.71 0.60 0.66 0.65 0.95 0.63 0.71 -0.13 0.45 0.48 0.49 0.44 0.24 2.19 6.12 0.37 0.00 0.60 0.78 1.74 0.86 0.95 1.01 0.59 0.99 1.07 1.00 0.89 1.06 1.19 1.04 0.82 1.01 1.07 0.98 0.73 0.89 0.90 0.87 0.94 0.87 0.96 0.83 0.92 0.74 0.85 0.67 0.74 0.61 0.65 0.61 0.65 0.57 0.47 0.43 0.45 0.18 0.51 0.36 0.17 0.45 -0.28 0.29 0.60 0.06 0.01 0.32 -0.12 0.42 0.27 0.45 0.39 0.08 0.35
Shares Outstanding 515 514 514 513 512 510 510 510 508 507 507 506 505 504 504 504 503 501 500 503 505 510 511 509 507 507 511 510 512 528 534 535 539 543 545 544 541 541 544 548 549 547 546 544 543 542 542 542 542 543 543 543 545 548 548 550 559 562 566 570 577 577 584 593 602 602 605 607 613 613 625 626 632 632 641 650 650 650 653 654 641 641 622 621 619 619 615 613 612 612 598 598 602 600 590 590 590 590 582 580
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 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Current Assets
Cash & Cash Equivalents 2,017 1,966 1,726 1,686 2,294 1,764 1,420 2,095 3,026 3,078 5,788 1,722 1,673 1,718 1,601 1,852 2,294 2,951 3,258 3,136 3,182 3,730 4,359 4,085 4,110 3,335 3,009 2,925 1,908 1,838 2,860 2,857 2,947 3,394 3,517 3,817 2,858 2,801 2,597 2,630 2,211 2,300 2,673 2,786 1,802 1,703 1,818 760 648 925 608 1,408 1,169 278 470 431 723 579 568 496 694 606 825 723 608 709 478 428 431 465 409 831 588 761 833 670 592 476 468 385 263 471 349 296 472 479 478 429 324
Short-Term Investments 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 1,232 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
Net Receivables 1,698 1,932 1,777 1,773 1,646 1,730 1,729 2,639 2,521 1,772 2,512 2,495 2,547 2,623 2,555 2,473 2,471 2,713 2,074 2,021 1,915 2,077 2,001 1,884 1,892 1,896 1,814 1,885 1,802 1,840 1,826 1,783 1,807 1,793 1,748 1,721 1,646 1,691 1,739 1,813 1,830 2,072 2,254 2,302 2,133 1,940 1,976 2,069 2,097 1,914 1,955 1,918 1,838 1,861 1,686 1,689 1,559 1,542 1,591 1,633 1,619 1,652 1,641 1,734 1,829 1,746 1,784 1,986 1,764 1,739 1,766 1,682 1,605 1,485 1,286 1,196 1,234 1,209 1,689 1,762 1,701 1,916 1,676 1,691 1,651 1,676 1,580 1,586 1,590
Inventory 2,316 2,232 2,460 2,384 2,170 2,046 2,103 2,985 2,988 1,918 2,873 2,897 2,922 2,679 2,675 2,663 2,548 2,453 2,025 2,065 2,017 1,916 1,988 1,905 1,694 1,653 1,715 1,757 1,751 1,667 1,718 1,622 1,581 1,475 1,550 1,525 1,480 1,430 1,568 1,591 1,682 2,384 2,477 2,557 2,496 2,421 2,320 2,117 2,166 2,104 2,076 1,917 1,745 1,713 1,415 1,358 1,257 1,159 1,257 1,271 1,263 1,116 1,211 1,397 1,331 1,167 1,366 1,366 1,251 1,208 1,219 1,240 1,202 883 954 942 940 906 1,653 1,675 1,598 1,537 1,764 1,788 1,800 1,772 1,793 1,743 1,733
Other Current Assets 816 481 970 906 925 2,947 3,612 874 865 2,510 861 1,091 957 618 0 0 0 390 0 0 0 342 0 0 0 315 0 0 0 404 0 0 0 368 0 22 46 391 51 78 111 0 0 226 0 0 526 464 209 140 229 87 125 36 116 97 119 371 409 419 391 445 578 633 764 673 598 457 548 458 307 416 413 351 387 308 259 320 494 465 467 416 518 517 496 495 410 398 410
Total Current Assets 6,847 6,872 6,933 6,749 7,035 8,853 8,864 8,593 9,400 9,600 12,034 8,205 8,099 8,011 7,810 7,882 8,173 8,872 8,167 8,004 7,856 8,411 9,033 8,566 8,333 7,503 7,210 7,218 6,087 5,959 7,028 6,890 6,956 7,263 7,448 7,704 6,633 6,574 6,589 6,823 8,017 7,375 8,015 8,271 7,072 6,690 6,640 5,704 5,400 5,360 5,271 5,683 5,160 4,211 4,064 3,991 4,009 3,651 3,825 3,819 3,967 3,819 4,255 4,487 4,532 4,295 4,226 4,237 3,994 3,870 3,701 4,169 3,808 3,480 3,460 3,116 3,025 2,911 4,304 4,287 4,029 4,340 4,307 4,292 4,419 4,422 4,261 4,156 4,057
Non-Current Assets
Property, Plant & Equipment 3,190 3,186 3,082 3,091 3,018 3,176 3,160 4,838 4,901 3,207 4,797 5,027 5,554 5,236 5,345 5,542 5,723 5,808 5,163 5,216 5,181 5,325 5,038 4,963 4,917 5,120 4,995 5,129 5,056 4,530 4,520 4,531 4,614 4,588 4,488 4,337 4,274 4,289 4,327 4,329 4,403 4,983 5,064 5,159 4,757 4,598 4,216 4,330 4,554 4,592 4,157 4,025 3,907 3,650 3,128 2,922 2,888 2,807 2,710 2,668 2,673 2,650 2,514 2,648 2,633 2,445 2,443 2,463 2,386 2,360 2,199 2,145 2,150 1,843 1,771 1,740 1,746 1,749 2,524 2,595 2,569 2,562 2,680 2,645 2,633 2,655 2,654 2,635 2,644
Goodwill 4,899 4,929 5,400 5,395 5,338 5,275 5,783 6,001 6,430 5,793 6,407 6,418 6,868 6,452 6,639 9,644 9,816 9,836 3,098 3,148 3,111 3,217 3,094 3,052 2,961 3,030 2,847 2,938 2,930 3,002 2,980 2,984 3,107 3,099 3,117 2,746 2,633 2,595 2,679 2,658 2,727 1,956 2,002 1,825 1,756 1,642 1,649 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
Intangible Assets 4,218 4,369 4,805 4,950 5,081 5,223 5,449 5,741 5,905 5,918 6,230 6,470 6,640 6,793 6,927 7,459 7,693 7,792 1,876 1,910 1,962 1,671 1,678 1,716 1,759 1,471 1,365 1,364 1,441 1,410 1,402 1,427 1,507 1,374 1,371 1,109 1,091 1,111 1,180 1,254 1,359 522 556 513 511 401 457 2,221 2,253 2,259 2,129 2,081 2,020 1,894 1,592 1,397 1,370 1,239 1,258 1,194 1,004 921 862 1,734 1,735 930 1,783 1,775 1,756 1,622 1,535 1,526 1,542 1,386 1,216 1,182 1,152 1,098 2,218 2,273 2,268 2,290 3,309 2,468 2,479 2,490 2,499 2,516 2,512
Long-Term Investments 113 103 126 114 117 109 126 168 174 136 186 0 0 247 0 0 0 195 0 0 0 135 0 0 0 76 0 0 0 44 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
Other Non-Current Assets 579 396 721 747 715 2,942 3,294 971 978 3,359 1,002 1,765 1,130 1,268 1,244 1,304 1,311 642 1,503 1,404 1,356 512 1,255 1,168 1,105 372 882 895 836 292 917 746 706 379 1,117 1,067 1,028 348 1,020 918 844 1,651 1,529 491 1,647 1,622 1,185 1,405 1,523 1,496 1,658 1,537 1,391 1,412 879 972 1,015 1,036 1,015 1,106 1,070 2,254 2,271 1,030 998 2,203 1,119 800 770 855 720 815 838 887 1,099 3,665 3,677 3,679 1,230 1,067 1,060 810 0 876 972 978 482 466 431
Total Non-Current Assets 12,999 13,183 14,134 14,297 14,269 16,929 17,812 17,719 18,388 18,676 18,622 19,680 20,192 20,276 20,155 23,949 24,543 24,649 11,640 11,678 11,610 11,608 11,065 10,899 10,742 10,690 10,089 10,326 10,263 9,761 9,819 9,688 9,934 9,848 10,093 9,259 9,026 8,972 9,206 9,159 9,333 9,112 9,151 9,083 8,671 8,263 7,507 7,956 8,330 8,347 7,944 7,643 7,318 6,956 5,599 5,291 5,273 5,082 4,983 4,968 4,747 5,825 5,647 5,412 5,366 5,578 5,345 5,038 4,912 4,837 4,454 4,486 4,530 4,116 4,086 6,587 6,575 6,526 5,972 5,935 5,897 5,662 5,989 5,989 6,084 6,123 5,635 5,617 5,587
Total Assets 19,846 20,055 21,067 21,046 21,304 25,782 26,676 26,312 27,788 28,276 30,656 27,885 28,291 28,287 27,965 31,831 32,716 33,521 19,807 19,682 19,466 20,019 20,098 19,465 19,075 18,193 17,299 17,544 16,350 15,720 16,847 16,578 16,890 17,111 17,541 16,963 15,659 15,546 15,795 15,982 17,350 16,487 17,166 17,354 15,743 14,953 14,147 13,660 13,730 13,707 13,215 13,326 12,478 11,167 9,663 9,282 9,282 8,733 8,808 8,787 8,714 9,644 9,902 9,899 9,898 9,873 9,571 9,275 8,906 8,707 8,155 8,655 8,338 7,596 7,546 9,703 9,600 9,437 10,276 10,222 9,926 10,002 10,296 10,281 10,503 10,545 9,896 9,773 9,644
Current Liabilities
Account Payables 1,086 999 953 995 963 968 841 1,251 1,329 881 1,246 1,240 1,290 1,110 1,234 1,282 1,223 1,246 999 1,005 1,023 1,043 2,695 2,561 2,500 892 2,609 2,593 2,529 998 2,592 2,524 2,533 920 2,572 2,471 2,330 791 2,499 2,537 2,387 0 0 807 0 0 3,143 2,839 2,532 3,107 2,391 2,732 3,043 2,355 1,297 1,344 1,445 1,990 1,358 1,498 1,489 1,805 1,644 1,786 1,919 2,024 2,005 1,804 1,714 1,963 1,729 1,951 1,965 442 1,436 1,366 1,308 355 2,018 1,966 1,884 701 2,028 2,148 1,994 1,783 1,749 1,706 1,857
Short-Term Debt 842 1 755 8 662 2,752 2,498 2,468 2,634 2,667 2,426 2,177 1,153 1,404 279 408 409 511 510 457 407 406 727 319 536 541 2 4 798 4 3 3 3 3 3 3 3 3 6 1,074 1,289 695 697 711 239 235 546 205 177 153 151 116 220 202 565 374 670 634 448 198 435 255 371 233 417 271 234 315 215 144 193 249 446 346 331 546 339 219 259 307 410 531 597 643 913 822 770 881 684
Deferred Revenue 0 141 0 0 0 131 0 0 0 128 0 0 0 154 0 0 0 162 0 0 0 32 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
Other Current Liabilities 0 666 0 0 0 1,528 1,089 0 0 1,635 0 70 0 618 0 0 0 751 0 0 0 555 0 0 0 584 0 0 0 576 0 0 0 648 0 1 3 744 3 4 10 3,390 3,587 482 3,156 2,887 0 586 567 538 700 686 588 609 683 631 655 748 640 663 595 640 535 578 595 536 502 415 493 450 295 387 429 1,657 414 420 377 1,580 520 385 434 1,534 0 0 0 328 0 0 0
Total Current Liabilities 3,693 2,970 3,775 2,939 3,481 6,511 6,200 6,131 6,365 6,503 6,209 5,765 4,760 4,745 3,708 3,916 3,890 4,236 3,441 3,344 3,187 3,333 3,422 2,880 3,036 3,230 2,611 2,597 3,327 2,814 2,704 2,629 2,642 2,821 2,662 2,558 2,438 2,744 2,606 3,723 3,823 4,085 4,284 4,464 3,395 3,122 3,689 3,630 3,276 3,798 3,242 3,534 3,851 3,166 2,545 2,349 2,770 3,372 2,446 2,359 2,519 2,700 2,550 2,597 2,931 2,831 2,741 2,534 2,422 2,557 2,217 2,587 2,840 2,445 2,181 2,332 2,024 2,154 2,797 2,658 2,728 2,766 2,625 2,791 2,907 2,933 2,519 2,587 2,541
Non-Current Liabilities
Long-Term Debt 8,621 9,473 8,747 9,492 9,412 10,374 10,437 10,436 11,092 11,089 14,067 14,306 15,278 15,232 16,153 16,278 16,765 17,149 5,446 5,710 5,681 5,786 5,760 6,055 5,996 4,809 5,063 5,157 3,451 3,481 3,485 3,495 3,550 3,509 3,495 3,454 2,784 2,779 2,834 2,094 2,068 4,119 4,056 3,440 3,593 3,675 2,024 4,429 4,630 4,421 4,806 5,570 4,398 2,935 2,576 2,378 2,179 1,726 2,246 2,355 2,303 2,601 2,916 2,907 2,938 3,096 2,921 3,111 2,898 2,635 2,560 2,659 2,174 1,695 1,692 2,449 2,672 2,372 2,358 2,508 2,123 2,341 2,416 2,565 2,704 2,800 2,800 2,628 2,645
Deferred Tax Liabilities 0 245 0 0 0 103 0 0 0 403 0 0 0 661 0 0 0 962 0 0 0 143 0 0 0 192 0 0 0 215 0 0 0 280 0 0 0 93 0 0 0 0 0 0 0 0 0 0 0 0 77 0 0 77 117 280 214 160 371 379 330 311 443 440 499 461 531 369 305 316 309 317 313 255 217 169 144 173 158 224 163 167 0 238 209 201 328 320 297
Other Non-Current Liabilities 1,262 1,006 1,121 1,097 1,122 1,487 1,838 1,598 1,652 1,507 1,778 1,745 1,854 1,267 2,071 2,264 2,434 1,447 1,621 1,624 1,636 1,496 1,824 1,882 1,827 1,488 1,514 1,464 1,483 1,341 1,545 1,585 1,605 1,385 1,925 1,786 1,762 1,650 1,691 1,655 2,439 2,149 2,167 2,030 1,981 1,998 2,142 2,299 2,289 2,214 1,999 1,249 1,261 631 847 861 862 816 807 823 857 684 716 736 679 646 679 386 587 580 600 642 685 697 879 963 1,028 1,034 1,411 1,137 1,225 1,008 1,594 1,184 1,421 1,426 381 390 387
Total Non-Current Liabilities 10,137 10,983 10,078 10,814 10,769 12,247 12,534 12,473 13,188 13,305 16,281 16,489 17,590 17,647 18,678 19,012 19,707 20,164 7,551 7,803 7,789 7,960 8,074 8,425 8,309 7,051 7,071 7,111 5,354 5,040 5,030 5,080 5,155 5,174 5,420 5,240 4,546 4,522 4,525 3,749 4,507 6,268 6,223 5,470 5,574 5,673 4,166 6,728 6,919 6,635 6,882 6,819 5,688 3,643 3,540 3,519 3,255 2,702 3,424 3,557 3,490 3,596 4,075 4,083 4,116 4,203 4,131 3,866 3,790 3,531 3,469 3,618 3,172 2,647 2,788 3,581 3,844 3,579 3,927 3,869 3,511 3,516 4,010 3,987 4,334 4,427 3,509 3,338 3,329
Total Liabilities 13,830 13,953 13,853 13,753 14,250 18,758 18,734 18,604 19,553 19,808 22,490 22,254 22,350 22,392 22,386 22,928 23,597 24,400 10,992 11,147 10,976 11,293 11,496 11,305 11,345 10,281 9,682 9,708 8,681 7,854 7,734 7,709 7,797 7,995 8,082 7,798 6,984 7,266 7,131 7,472 8,330 10,353 10,507 9,934 8,969 8,795 7,855 10,358 10,195 10,433 10,124 10,353 9,539 6,809 6,085 5,868 6,025 6,074 5,870 5,916 6,009 6,296 6,625 6,680 7,047 7,034 6,872 6,400 6,212 6,088 5,686 6,205 6,012 5,092 4,969 5,913 5,868 5,733 6,724 6,527 6,239 6,282 6,635 6,778 7,241 7,360 6,028 5,925 5,870
Stockholders' Equity
Common Stock 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 683 649 649 649 627 627 627 612 599 599 300 298 298 298 294 294 294 294 0 291 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 13,685 13,705 14,837 14,970 14,968 14,929 15,529 15,539 16,003 16,114 16,015 13,655 13,947 14,050 14,015 17,099 16,994 17,065 16,967 16,658 16,502 16,328 16,285 16,055 15,935 15,718 15,849 16,184 15,970 15,075 15,394 14,966 14,734 14,483 14,615 14,480 14,323 14,200 14,049 14,037 12,923 7,376 7,030 7,343 6,580 6,152 4,039 2,151 2,372 2,145 1,930 1,891 1,689 1,862 1,516 1,245 992 853 923 693 689 1,415 1,270 1,145 1,023 990 861 1,068 1,089 1,006 905 824 742 1,022 948 2,279 2,184 2,105 2,006 1,917 1,831 1,762 1,662 1,588 1,513 1,452 2,124 2,058 1,996
Accumulated Other Comprehensive Income (3,802) (3,754) (3,733) (3,746) (3,942) (4,010) (3,647) (3,828) (3,722) (3,554) (3,716) (3,814) (3,739) (3,833) (4,054) (3,767) (3,387) (3,380) (3,482) (3,376) (3,480) (3,314) (3,839) (3,988) (4,177) (3,710) (4,288) (4,639) (4,562) (3,823) (4,239) (4,199) (3,876) (4,001) (3,994) (4,176) (4,418) (4,556) (4,172) (4,204) (3,035) (2,348) (2,033) (1,777) (1,752) (1,977) (1,261) (1,482) (1,415) (1,430) (1,241) (1,305) (1,274) (783) (577) (370) (382) (649) (426) (418) (348) (374) (386) (337) 0 (296) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 6,043 6,129 7,241 7,320 7,081 6,964 7,872 7,643 8,173 8,402 8,101 5,569 5,879 5,833 5,535 8,859 9,075 9,077 8,770 8,494 8,452 8,689 8,567 8,128 7,699 7,882 7,588 7,812 7,646 7,844 9,130 8,881 9,099 9,124 9,466 9,175 8,686 8,290 8,677 8,509 9,019 5,898 6,429 7,191 6,552 6,099 6,292 3,302 3,535 3,274 3,091 2,973 2,939 4,358 3,578 3,414 3,257 2,659 2,938 2,871 2,705 3,348 3,277 3,219 2,851 2,839 2,699 2,875 2,694 2,619 2,469 2,450 2,326 2,504 2,577 3,790 3,732 3,704 3,552 3,695 3,687 3,720 3,661 3,503 3,262 3,185 3,868 3,848 3,774
Total Liabilities & Equity 19,846 20,055 21,067 21,046 21,304 25,782 26,676 26,312 27,788 28,276 30,656 27,885 28,291 28,287 27,965 31,831 32,716 33,521 19,807 19,682 19,466 20,019 20,098 19,465 19,075 18,193 17,299 17,544 16,350 15,720 16,847 16,578 16,890 17,111 17,541 16,963 15,659 15,546 15,795 15,982 17,350 16,487 17,166 17,354 15,743 14,953 14,147 13,660 13,730 13,707 13,215 13,326 12,478 11,167 9,663 9,282 9,282 8,733 8,808 8,787 8,714 9,644 9,902 9,899 9,898 9,873 9,571 9,275 8,906 8,707 8,155 8,655 8,338 7,596 7,546 9,703 9,600 9,437 10,276 10,222 9,926 10,002 10,296 10,281 10,503 10,545 9,896 9,773 9,644
Debt Metrics
Total Debt 9,687 9,780 9,712 9,725 10,309 13,449 13,194 13,343 14,170 14,113 16,929 16,921 16,889 17,203 16,886 17,156 17,682 18,310 6,440 6,636 6,560 6,804 6,977 6,862 7,018 5,961 5,559 5,651 4,669 3,485 3,488 3,498 3,553 3,512 3,498 3,457 2,787 2,782 2,840 3,168 3,357 4,814 4,753 4,151 3,832 3,910 2,570 4,634 4,807 4,574 4,957 5,686 4,647 3,137 3,141 2,752 2,849 2,360 2,694 2,553 2,738 2,856 3,287 3,140 3,355 3,367 3,155 3,426 3,113 2,779 2,753 2,908 2,620 2,041 2,023 2,995 3,011 2,591 2,617 2,815 2,533 2,872 3,013 3,208 3,617 3,622 3,570 3,509 3,329
Net Debt 7,670 7,814 7,986 8,039 8,015 11,685 11,774 11,248 11,144 11,035 11,141 15,199 15,216 15,485 15,285 15,304 15,388 15,359 3,182 3,500 3,378 3,074 2,618 2,777 2,908 2,626 2,550 2,726 2,761 1,647 628 641 606 118 (19) (360) (71) (19) 243 538 1,146 2,514 2,080 1,365 2,030 2,207 752 3,874 4,159 3,649 4,349 4,278 3,478 2,859 2,671 2,321 2,126 1,781 2,126 2,057 2,044 2,250 2,462 2,417 2,747 2,658 2,677 2,998 2,682 2,314 2,344 2,077 2,032 1,280 1,190 2,325 2,419 2,115 2,149 2,430 2,270 2,401 2,664 2,912 3,145 3,143 3,092 3,080 3,005
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 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Operating Activities
Net Income (15) (1,035) (51) 122 64 (488) 61 (278) 6 73 155 (193) 0 185 (2,991) 120 73 242 452 301 300 171 359 247 333 (19) 375 313 342 354 509 343 389 (61) 248 264 273 240 127 1,212 3,387 116 324 224 (171) 189 378 283 44 217 264 316 200 253 (75) 272 253 270 231 48 191 229 210 207 178 212 (124) 63 164 182 159 162 (203) 158 177 176 158 176 163 165 145 172 149 144 131 (592) 135 132 57
Depreciation & Amortization 237 240 237 257 247 245 254 352 271 324 92 315 313 334 331 343 380 245 206 222 217 213 209 202 199 209 195 193 192 191 199 195 192 199 184 184 194 201 204 206 189 145 145 147 147 148 146 140 131 128 107 120 109 103 113 111 109 104 118 86 97 93 52 130 97 112 42 104 107 99 97 93 109 93 84 87 84 (41) 122 126 129 134 136 129 125 131 124 122 117
Stock-Based Compensation 10 37 35 35 10 39 38 36 17 30 28 37 25 32 45 45 32 53 34 37 22 33 33 35 29 30 35 35 22 28 33 34 20 30 31 28 18 31 30 31 23 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
Change in Working Capital (55) 400 (28) (182) (298) 282 5 (278) (167) 45 105 (37) 182 (141) (337) (278) (224) 126 (17) (93) (177) 301 (115) (155) (303) 80 31 (103) (433) 111 (38) (188) (143) 31 (11) 73 (275) 137 98 179 (590) 148 (4) (182) (124) (424) 25 (15) (190) (306) 355 (1) (432) (470) 245 66 (387) 507 (91) (66) (408) 246 (148) (105) (292) 267 168 (215) (317) 235 (196) (160) (273) 63 (89) 11 (290) (143) 116 (168) (94) 190 149 (47) (133) 12 (38) (92) (103)
Other Non-Cash Items 7 750 (6) 8 (74) 536 (61) 360 94 (39) 68 324 20 80 3,322 98 2 75 62 21 40 37 46 51 31 794 47 65 11 54 (7) 39 22 74 163 9 (30) 108 224 (810) (3,271) 47 (55) 60 683 22 (38) 43 331 2 56 (3) 174 (30) 479 (17) (23) 8 41 252 (4) 57 22 (8) 23 (3) 308 117 2 (23) (45) (2) 383 2 2 24 (21) 681 (17) 2 (9) 19 (2) 0 (10) 897 16 (89) 108
Operating Cash Flow 213 584 237 217 (193) 488 253 115 163 531 365 351 479 439 290 274 208 693 675 477 377 712 510 374 272 829 701 446 128 755 456 405 447 514 605 529 189 713 532 742 (333) 536 506 272 322 (55) 752 477 225 (29) 776 448 76 (107) 788 398 (4) 767 338 184 (75) 622 215 237 9 550 310 146 (55) 383 87 126 20 353 193 278 (31) 728 270 204 134 514 422 253 127 246 229 125 165
Investing Activities
Capital Expenditure (137) (140) (111) (149) (122) (137) (24) (189) (110) (190) (13) (163) (168) (200) (161) (137) (140) (235) (179) (158) (171) (237) (156) (144) (172) (191) (167) (145) (193) (213) (142) (156) (155) (224) (131) (156) (123) (200) (167) (168) (184) (116) (98) (65) (140) (89) (227) (204) (184) (174) (270) (239) (207) (132) (294) (187) (175) (250) (142) (141) (115) (237) (146) (150) (98) (248) (99) (129) (92) (229) (118) (80) (69) (143) (93) (96) (66) (84) (113) (121) (81) (201) (112) (103) (86) (201) (120) (102) (93)
Acquisitions 0 0 0 0 0 0 0 0 0 0 (3) 0 (3) (57) (16) (16) (174) (10,039) (46) (36) (381) (28) (13) (10) (443) (232) (75) (2) (109) (10) (27) (9) (219) 2 (644) (40) 6 19 1 (1) (30) 0 0 0 (6) (14) (78) (22) (13) (71) (372) (55) (16) (49) (592) (160) (39) (24) (110) (103) (108) (109) (13) (41) (16) (43) (37) (100) (139) (30) (217) (29) (346) (65) (86) (46) (97) (11) (20) 0 0 (14) 4 (29) (23) 0 0 0 0
Purchases of Investments 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 18 16 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 0 0 0 0 0 0 0 0
Other Investing Activities 4 (58) 0 34 3,387 (68) (140) 80 (72) (40) 3,802 (10) 1 1 (7) (34) 10 7 18 6 14 1 12 0 11 2 11 0 1 0 8 0 0 0 0 0 0 2 0 0 13 (14) 0 49 5 26 87 0 0 0 2 27 5 0 44 (28) 0 (26) (34) (1) 1 70 (1) 2 4 3 0 0 0 (32) 27 (14) (4) (19) (13) 19 (2) (559) 402 (31) 266 73 (6) 53 39 (45) (43) (16) (35)
Investing Cash Flow (133) (198) (111) (115) 3,265 (205) (164) (91) (166) (230) 3,786 (173) (170) (256) (184) (187) (304) (10,267) (207) (188) (538) (264) (157) (154) (604) (421) (231) (147) (301) (223) (161) (165) (374) (222) (775) (196) (117) (179) (166) (169) (201) (130) (98) (16) (141) (77) (218) (226) (197) (245) (640) (267) (218) (181) (842) (375) (214) (300) (286) (245) (222) (276) (160) (189) (110) (288) (136) (229) (231) (291) (308) (123) (419) (227) (192) (123) (165) (654) 269 (152) 185 (142) (114) (79) (70) (246) (163) (118) (128)
Financing Activities
Net Debt Issuance 0 14 0 (680) (3,125) 296 (3) (809) (15) (2,794) 54 59 (252) 24 (129) (345) (449) 9,432 (157) 51 0 (536) (1) (225) 1,240 222 0 866 795 (3) 0 0 0 (1) 0 633 0 2 (367) (182) 491 (154) 241 (331) (114) 191 (428) (197) (833) 1,018 1,354 (428) 151 517 (278) 52 1 (454) 175 (58) 443 (405) 121 (48) 63 3 (69) 146 306 30 (134) 268 307 16 175 (7) 426 (17) (175) 242 (343) (148) (202) (416) (8) 56 64 177 393
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (32) 0 0 0 (35) (312) (253) (500) 0 0 0 (241) (309) (123) (597) (1,424) (247) (259) (522) (289) (180) (44) (51) (247) (45) 0 0 0 0 0 (7) (11) 0 (561) 0 (153) (1,028) 0 (106) (35) (69) (76) 0 (25) (209) (92) (49) (113) 0 0 0 0 0 0 0 0 0 0 0 (175) (5) (7) (80) 0 (245) (116) (139) 0 0 0 0 0 (28) (18) (78)
Dividends Paid (5) (87) (87) (87) (87) (147) (148) (148) (147) (147) (147) (146) (146) (146) (146) (141) (140) (140) (141) (124) (125) (125) (125) (112) (111) (113) (112) (97) (101) (102) (101) (86) (87) (87) (87) (71) (70) (71) (71) (63) (63) 0 0 0 0 (361) 0 0 0 (346) (1) 0 0 (348) 0 (1) 0 0 0 0 (84) (84) (85) (85) (84) (83) (83) (84) (81) (81) (79) (79) (77) (77) (83) (82) (78) (78) (74) (79) (75) (73) (74) (70) (69) (70) (69) (70) (69)
Other Financing Activities (14) (79) (3) (1) (24) (16) (6) 9 (18) (3) (1) (33) 26 3 5 17 41 (16) 9 36 20 18 15 76 41 16 67 84 141 21 61 82 64 47 92 85 84 36 78 96 82 0 (359) 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 (1) 1
Financing Cash Flow (11) (147) (81) (762) (3,226) 141 (146) (936) (140) (2,935) (62) (120) (372) (119) (302) (469) (548) 9,276 (324) (349) (358) (1,143) (111) (261) 1,170 (116) (354) 730 238 (1,508) (287) (263) (545) (330) (175) 603 (37) (280) (405) (149) 510 (109) (81) (278) (77) (150) (383) (86) (817) 535 754 (394) 85 225 195 24 (105) (440) 20 (84) 384 (574) 18 93 18 (52) (119) 86 258 (48) (183) 237 259 (192) 153 (61) 316 (75) (461) 72 (532) (254) (260) (352) (64) (5) (19) 104 260
Cash Position
Net Change in Cash 49 240 40 (608) (118) 334 (16) (934) (168) (2,594) 4,066 49 (45) 118 (252) (443) (657) (305) 121 (46) (550) (630) 272 (16) 775 326 75 1,032 64 (1,028) 6 (90) (447) (123) (300) 959 57 204 (33) 419 (2) 284 322 (3) 112 (279) 97 222 (800) 239 891 (194) (50) (60) 112 39 (292) 11 72 (198) 88 (219) 102 115 (101) 231 50 (3) (34) 56 (422) 243 (173) (72) 163 78 116 8 83 122 (208) 122 53 (176) (7) 0 0 0 (32)
Cash at Beginning 1,968 1,728 1,688 2,296 2,414 2,080 2,096 3,030 3,198 5,792 1,726 1,677 1,722 1,604 1,856 2,299 2,956 3,261 3,140 3,186 3,736 4,366 4,094 4,110 3,335 3,009 2,934 1,902 1,838 2,860 2,857 2,947 3,394 3,517 3,817 2,858 2,801 2,597 2,630 2,211 2,213 1,428 1,106 1,109 648 927 830 608 1,408 1,169 278 472 522 582 470 431 723 568 496 694 606 825 723 608 709 478 428 431 465 409 831 588 761 833 670 592 476 468 385 263 471 349 296 472 479 0 0 0 32
Cash at End 2,019 1,968 1,728 1,688 2,296 2,414 2,080 2,096 3,030 3,198 5,792 1,726 1,677 1,722 1,604 1,856 2,299 2,956 3,261 3,140 3,186 3,736 4,366 4,094 4,110 3,335 3,009 2,934 1,902 1,832 2,863 2,857 2,947 3,394 3,517 3,817 2,858 2,801 2,597 2,630 2,211 1,712 1,428 1,106 760 648 927 830 608 1,408 1,169 278 472 522 582 470 431 579 568 496 694 606 825 723 608 709 478 428 431 465 409 831 588 761 833 670 592 476 468 385 263 471 349 296 472 0 0 0 0
Free Cash Flow 76 444 126 68 (315) 351 229 (74) 53 341 352 188 311 239 129 137 68 458 496 319 206 475 354 230 100 638 534 301 (65) 542 314 249 292 290 474 373 66 513 365 574 (517) 420 408 207 182 (144) 525 273 41 (203) 506 209 (131) (239) 494 211 (179) 517 196 43 (190) 385 69 87 (89) 302 211 17 (147) 154 (31) 46 (49) 210 100 182 (97) 644 157 83 53 313 310 150 41 45 109 23 72
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 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 2,701 2,974 2,835 2,810 2,625 2,753 2,699 2,694 2,490 3,885 2,599 3,707 3,513 3,887 3,609 3,594 3,707 3,514 3,226 3,098 2,946 3,181 2,972 2,718 2,802 3,039 2,851 2,834 2,638 2,841 2,761 2,842 2,677 2,774 2,707 2,605 2,475 2,645 2,558 2,585 2,375 2,603 2,487 2,475 2,403 4,472 2,709 4,154 3,848 4,368 3,710 3,669 3,448 3,753 3,477 3,572 3,388 3,594 3,479 3,536 3,284 3,498 3,224 3,194 2,927 3,470 3,145 3,123 2,824 3,131 3,151 3,189 2,877 3,009 2,750 2,829 2,675 2,763 2,557 2,649 2,409 2,491 2,398 2,577 2,383 2,601 2,320 2,379 2,209 2,537 2,162 2,036 2,022 2,136 1,870 1,757 1,932 1,687 1,694 1,583
Gross Profit 891 577 950 991 861 959 1,033 1,031 961 1,472 1,056 1,111 1,275 1,463 1,045 1,371 1,348 1,406 1,321 1,233 1,145 1,191 1,195 1,038 1,163 1,298 1,230 1,153 1,080 1,192 1,232 1,239 1,114 1,162 1,130 1,132 1,044 1,102 1,071 972 965 1,072 1,034 1,021 1,019 2,224 1,193 1,969 1,891 1,954 1,906 1,939 1,756 1,905 1,810 1,872 1,714 1,765 1,771 1,835 1,675 1,618 1,659 1,638 1,043 1,767 1,632 1,638 1,488 1,602 1,521 1,627 1,380 1,485 1,376 1,392 1,266 1,315 1,215 1,155 1,052 1,001 1,010 1,113 969 1,120 963 939 894 1,140 971 1,039 921 984 826 771 960 871 827 779
Operating Income 66 (729) 172 191 58 (435) 155 179 115 329 179 (17) 129 353 (2,880) 264 163 383 513 424 390 406 470 331 409 536 503 350 383 398 382 384 432 283 300 347 353 282 186 68 188 178 92 87 92 798 217 659 672 453 654 828 715 574 777 777 693 625 745 831 745 523 782 698 133 733 732 747 665 702 610 702 550 610 510 524 524 522 504 427 388 348 386 547 329 203 377 (265) 291 518 29 373 357 164 350 313 344 328 312 284
Net Income (15) (1,128) (46) 91 126 (512) 140 (314) 37 245 2,508 (141) 44 181 (2,937) 252 71 238 450 298 298 168 356 246 332 (23) 369 313 342 348 518 343 389 (71) 251 265 272 243 130 1,212 3,380 205 1 332 430 953 468 520 556 326 544 590 552 494 583 661 588 463 576 615 570 423 525 535 (63) 572 530 587 516 569 472 544 429 478 395 431 403 431 374 309 282 292 116 322 226 106 276 (170) 178 371 35 9 200 (75) 253 162 270 231 48 191
EPS (Diluted) -0.03 -2.16 -0.09 0.18 0.25 -1.00 0.27 -0.61 0.07 0.48 4.93 -0.28 0.09 0.36 -5.83 0.50 0.14 0.47 0.89 0.59 0.58 0.33 0.69 0.48 0.64 -0.04 0.71 0.60 0.66 0.65 0.95 0.63 0.71 -0.13 0.45 0.48 0.49 0.44 0.24 2.19 6.12 0.37 0.00 0.60 0.78 1.74 0.86 0.95 1.01 0.59 0.99 1.07 1.00 0.89 1.06 1.19 1.04 0.82 1.01 1.07 0.98 0.73 0.89 0.90 0.87 0.94 0.87 0.96 0.83 0.92 0.74 0.85 0.67 0.74 0.61 0.65 0.61 0.65 0.57 0.47 0.43 0.45 0.18 0.51 0.36 0.17 0.45 -0.28 0.29 0.60 0.06 0.01 0.32 -0.12 0.42 0.27 0.45 0.39 0.08 0.35
Balance Sheet
Cash & Equivalents 2,017 1,966 1,726 1,686 2,294 1,764 1,420 2,095 3,026 3,078 5,788 1,722 1,673 1,718 1,601 1,852 2,294 2,951 3,258 3,136 3,182 3,730 4,359 4,085 4,110 3,335 3,009 2,925 1,908 1,838 2,860 2,857 2,947 3,394 3,517 3,817 2,858 2,801 2,597 2,630 2,211 2,300 2,673 2,786 1,802 1,703 1,818 760 648 925 608 1,408 1,169 278 470 431 723 579 568 496 694 606 825 723 608 709 478 428 431 465 409 831 588 761 833 670 592 476 468 385 263 471 349 296 472 479 478 429 324
Total Assets 19,846 20,055 21,067 21,046 21,304 25,782 26,676 26,312 27,788 28,276 30,656 27,885 28,291 28,287 27,965 31,831 32,716 33,521 19,807 19,682 19,466 20,019 20,098 19,465 19,075 18,193 17,299 17,544 16,350 15,720 16,847 16,578 16,890 17,111 17,541 16,963 15,659 15,546 15,795 15,982 17,350 16,487 17,166 17,354 15,743 14,953 14,147 13,660 13,730 13,707 13,215 13,326 12,478 11,167 9,663 9,282 9,282 8,733 8,808 8,787 8,714 9,644 9,902 9,899 9,898 9,873 9,571 9,275 8,906 8,707 8,155 8,655 8,338 7,596 7,546 9,703 9,600 9,437 10,276 10,222 9,926 10,002 10,296 10,281 10,503 10,545 9,896 9,773 9,644
Total Debt 9,687 9,780 9,712 9,725 10,309 13,449 13,194 13,343 14,170 14,113 16,929 16,921 16,889 17,203 16,886 17,156 17,682 18,310 6,440 6,636 6,560 6,804 6,977 6,862 7,018 5,961 5,559 5,651 4,669 3,485 3,488 3,498 3,553 3,512 3,498 3,457 2,787 2,782 2,840 3,168 3,357 4,814 4,753 4,151 3,832 3,910 2,570 4,634 4,807 4,574 4,957 5,686 4,647 3,137 3,141 2,752 2,849 2,360 2,694 2,553 2,738 2,856 3,287 3,140 3,355 3,367 3,155 3,426 3,113 2,779 2,753 2,908 2,620 2,041 2,023 2,995 3,011 2,591 2,617 2,815 2,533 2,872 3,013 3,208 3,617 3,622 3,570 3,509 3,329
Stockholders' Equity 6,043 6,129 7,241 7,320 7,081 6,964 7,872 7,643 8,173 8,402 8,101 5,569 5,879 5,833 5,535 8,859 9,075 9,077 8,770 8,494 8,452 8,689 8,567 8,128 7,699 7,882 7,588 7,812 7,646 7,844 9,130 8,881 9,099 9,124 9,466 9,175 8,686 8,290 8,677 8,509 9,019 5,898 6,429 7,191 6,552 6,099 6,292 3,302 3,535 3,274 3,091 2,973 2,939 4,358 3,578 3,414 3,257 2,659 2,938 2,871 2,705 3,348 3,277 3,219 2,851 2,839 2,699 2,875 2,694 2,619 2,469 2,450 2,326 2,504 2,577 3,790 3,732 3,704 3,552 3,695 3,687 3,720 3,661 3,503 3,262 3,185 3,868 3,848 3,774
Cash Flow
Operating Cash Flow 213 584 237 217 (193) 488 253 115 163 531 365 351 479 439 290 274 208 693 675 477 377 712 510 374 272 829 701 446 128 755 456 405 447 514 605 529 189 713 532 742 (333) 536 506 272 322 (55) 752 477 225 (29) 776 448 76 (107) 788 398 (4) 767 338 184 (75) 622 215 237 9 550 310 146 (55) 383 87 126 20 353 193 278 (31) 728 270 204 134 514 422 253 127 246 229 125 165
Capital Expenditure (137) (140) (111) (149) (122) (137) (24) (189) (110) (190) (13) (163) (168) (200) (161) (137) (140) (235) (179) (158) (171) (237) (156) (144) (172) (191) (167) (145) (193) (213) (142) (156) (155) (224) (131) (156) (123) (200) (167) (168) (184) (116) (98) (65) (140) (89) (227) (204) (184) (174) (270) (239) (207) (132) (294) (187) (175) (250) (142) (141) (115) (237) (146) (150) (98) (248) (99) (129) (92) (229) (118) (80) (69) (143) (93) (96) (66) (84) (113) (121) (81) (201) (112) (103) (86) (201) (120) (102) (93)
Free Cash Flow 76 444 126 68 (315) 351 229 (74) 53 341 352 188 311 239 129 137 68 458 496 319 206 475 354 230 100 638 534 301 (65) 542 314 249 292 290 474 373 66 513 365 574 (517) 420 408 207 182 (144) 525 273 41 (203) 506 209 (131) (239) 494 211 (179) 517 196 43 (190) 385 69 87 (89) 302 211 17 (147) 154 (31) 46 (49) 210 100 182 (97) 644 157 83 53 313 310 150 41 45 109 23 72