Bank of New York Mellon Corp logo BNY - Bank of New York Mellon Corp

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 6
HOLD 9
SELL 0
STRONG
SELL 0
| PRICE TARGET: $139.86 DETAILS
HIGH: $149.00
LOW: $122.00
MEDIAN: $142.00
CONSENSUS: $139.86
UPSIDE: 0.51%
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 2015 Q4 2015 Q2 2014 Q4 2014 Q2 2013 Q4 2013 Q2
Revenue
Revenue 9,863 10,067 10,359 10,364 9,651 10,033 10,162 9,871 9,487 9,229 8,836 8,536 7,145 5,973 5,212 4,499 3,927 3,992 4,011 3,927 3,930 3,864 3,879 4,088 4,773 5,592 4,976 4,993 4,887 4,891 4,713 4,669 4,534 3,990 4,219 4,078 3,911 3,789 3,936 3,797 6.7 6.8 6.9 6.9 7.6 7.4
Cost of Revenue 4,447 4,935 5,351 5,382 4,982 5,293 5,627 5,362 5,083 4,946 4,506 4,129 2,841 2,161 1,028 382 82 35 7 (46) 0 111 126 306 925 898 1,196 1,155 1,086 979 740 634 457 362 306 219 163 104 81 114 0 0 0 0 0 0
Gross Profit 5,416 5,132 5,008 4,982 4,669 4,740 4,535 4,509 4,404 4,283 4,330 4,407 4,304 3,812 4,184 4,117 3,845 3,957 4,004 3,973 3,930 3,753 3,753 3,782 3,848 4,694 3,780 3,838 3,801 3,912 3,973 4,035 4,077 3,628 3,913 3,859 3,748 3,685 3,855 3,683 6.7 6.8 6.9 6.9 7.6 7.4
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
SG&A Expenses 2,567 1,714 1,695 1,734 1,802 1,682 1,696 1,691 1,821 1,631 1,714 1,692 1,791 1,802 1,641 1,623 1,702 1,633 1,584 1,518 1,602 1,554 1,466 1,464 1,482 1,639 1,479 1,421 1,524 1,602 1,478 1,489 1,576 1,628 1,485 1,432 1,488 1,395 1,467 1,412 1.1 1.1 1.0 1.0 1.1 1.1
Other Expenses 833 1,573 1,461 1,409 1,345 1,586 1,314 1,291 1,259 2,420 1,288 1,327 1,225 1,325 1,913 1,399 1,225 1,259 1,258 1,187 1,175 1,296 1,130 1,137 1,139 1,233 1,014 1,132 1,084 1,290 1,161 1,152 1,057 1,272 1,060 1,119 1,054 1,138 1,071 1,106 0 0 0 0 0 0
Operating Expenses 3,400 3,287 3,156 3,143 3,147 3,268 3,010 2,982 3,080 4,051 3,002 3,019 3,016 3,127 3,554 3,022 2,927 2,892 2,842 2,705 2,777 2,850 2,596 2,601 2,621 2,872 2,493 2,553 2,608 2,892 2,639 2,641 2,633 2,900 2,545 2,551 2,542 2,533 2,538 2,518 9.5 11.5 10.0 3.7 29.2 0.3
Operating Income
Operating Income 2,016 1,845 1,852 1,839 1,522 1,472 1,525 1,527 1,324 232 1,328 1,388 1,288 685 630 1,095 918 1,065 1,162 1,268 1,153 903 1,157 1,181 1,227 1,822 1,287 1,285 1,193 1,020 1,334 1,394 1,444 728 1,368 1,308 1,206 1,152 1,317 1,165 5.7 5.8 5.8 5.9 6.5 6.2
Interest Expense 4,454 4,961 5,358 5,399 4,964 5,273 5,604 5,362 5,056 4,862 4,503 4,124 2,814 2,141 1,058 335 80 52 52 40 83 96 117 163 756 906 1,212 1,163 1,079 979 743 637 462 368 312 226 168 97 100 123 0 0 0 0 0 0
Interest Income 5,824 6,307 6,594 6,602 6,123 6,467 6,652 6,392 6,096 5,963 5,519 5,224 3,942 3,197 1,984 1,159 778 729 693 685 738 776 820 943 1,570 1,721 1,942 1,965 1,920 1,864 1,634 1,553 1,381 1,219 1,151 1,052 960 928 874 890 0.6 0.6 0.6 0.6 0.7 0.7
Profitability
EBITDA 2,016 2,397 2,280 2,265 1,968 1,900 1,976 1,983 1,792 858 1,754 1,837 1,639 1,066 1,026 1,517 1,355 1,526 1,630 1,740 1,619 1,358 1,588 1,571 1,581 2,166 1,623 1,618 1,495 1,348 1,668 1,736 1,779 1,158 1,719 1,654 1,553 1,536 1,687 1,549 (9.0) 12.0 10.4 4.1 (28.8) 0.7
EBIT 2,016 1,845 1,852 1,839 1,522 1,472 1,525 1,527 1,324 232 1,328 1,388 1,288 685 630 1,095 918 1,065 1,162 1,268 1,153 903 1,157 1,181 1,227 1,822 1,287 1,285 1,193 1,020 1,334 1,394 1,444 728 1,368 1,308 1,206 1,152 1,317 1,165 0 0 0 0 0 0
Income Before Tax 2,016 1,845 1,852 1,839 1,522 1,472 1,525 1,527 1,324 232 1,328 1,388 1,288 685 630 1,095 918 1,065 1,162 1,268 1,153 903 1,157 1,181 1,227 1,822 1,287 1,285 1,193 1,020 1,334 1,394 1,444 728 1,368 1,308 1,206 1,152 1,317 1,165 (3.3) 17.8 16.3 10.0 (22.3) 6.9
Income Tax Expense 386 376 395 404 300 315 336 357 297 29 285 315 306 142 242 231 153 196 219 241 221 148 213 216 265 373 246 264 237 150 220 286 282 (453) 348 332 269 280 324 290 0 0 0 0 0 0
Net Income 1,632 1,461 1,445 1,423 1,220 1,155 1,182 1,168 1,025 205 1,040 1,072 982 543 388 869 773 863 947 1,022 927 750 937 950 980 1,440 1,038 1,017 946 881 1,111 1,103 1,171 1,175 1,018 975 922 870 987 873 (3.3) 17.8 16.3 10.0 (22.3) 6.9
Per Share Data
EPS (Basic) 2.26 2.02 1.90 1.95 1.59 1.56 1.51 1.53 1.26 0.21 1.23 1.31 1.13 0.63 0.39 1.03 0.86 1.01 1.04 1.14 0.97 0.79 0.98 1.01 1.05 1.52 1.07 1.01 0.94 0.84 1.07 1.04 1.11 1.09 0.94 0.88 0.83 0.77 0.90 0.76 -0.26 1.38 1.26 0.78 -1.72 0.54
EPS (Diluted) 2.24 2.02 1.88 1.93 1.58 1.54 1.50 1.52 1.25 0.20 1.22 1.31 1.13 0.62 0.39 1.03 0.86 1.01 1.04 1.13 0.97 0.79 0.98 1.01 1.05 1.52 1.07 1.01 0.94 0.84 1.06 1.03 1.10 1.08 0.94 0.88 0.83 0.77 0.90 0.75 -0.26 1.38 1.26 0.78 -1.72 0.54
Shares Outstanding 691.2 704.7 704.7 714.8 721.0 726.6 736.5 746.9 756.9 767.1 777.8 787.7 803.3 811.6 811.3 810.7 812.8 813.9 847.1 869.3 883.5 889.9 892.9 891.1 894.1 911.3 933.3 951.3 962.4 1,024.8 999.8 1,010.2 1,016.8 1,024.8 1,035.3 1,035.8 1,041.2 1,050.9 1,062.2 1,072.6 12.9 12.9 12.9 12.9 12.9 12.9
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
Current Assets
Cash & Cash Equivalents 187,040 131,517 119,861 141,301 116,545 101,937 116,210 132,938 135,138 125,191 122,238 133,052 133,261 107,355 121,131 142,755 160,102 121,336 153,768 152,779 155,278 162,160 129,316 135,549 174,298 114,683 95,946 90,747 80,360 88,000 94,291 96,611 111,253 108,871 96,621 92,456 85,006 77,949 99,732 107,192
Short-Term Investments 67,340 59,168 48,546 45,547 51,389 98,673 97,034 86,551 87,918 113,736 76,503 87,662 79,832 118,202 73,679 71,953 79,655 145,409 90,981 92,714 98,458 150,848 102,743 117,342 95,026 129,082 109,102 124,768 100,845 137,113 89,751 83,780 85,211 110,932 109,386 107,937 103,805 101,876 116,287 107,381
Net Receivables 6,627 81,805 7,146 7,966 7,271 7,082 7,420 7,431 6,454 8,585 7,302 6,680 8,098 6,919 6,839 6,025 5,896 5,903 6,033 6,844 6,640 5,716 5,445 5,163 6,313 5,924 5,552 6,944 7,749 6,741 6,642 6,854 6,736 8,032 6,802 9,719 8,023 7,512 7,477 8,421
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
Other Current Assets 3,096 0 0 (9,788) 0 0 0 0 0 0 0 0 0 0 0 0 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 Assets 267,668 272,490 178,736 188,196 178,239 210,463 223,488 229,769 232,248 250,067 208,795 230,198 223,818 234,891 204,465 223,485 248,290 275,070 252,953 254,544 262,518 320,757 239,625 260,143 277,654 251,644 212,540 224,442 190,823 233,596 192,719 189,258 205,143 229,646 214,272 211,575 198,230 188,611 224,744 224,258
Non-Current Assets
Property, Plant & Equipment 3,796 3,581 3,549 3,289 3,257 3,266 3,380 3,267 3,136 3,163 3,234 3,241 3,248 3,256 3,311 3,354 3,359 3,431 3,422 3,442 3,521 3,602 3,617 3,598 3,514 3,625 3,149 2,970 3,010 1,832 1,832 1,752 1,702 1,634 1,631 1,640 1,307 1,303 1,338 1,399
Goodwill 16,734 16,767 16,773 16,823 16,661 16,598 16,338 16,217 16,228 16,261 16,159 16,246 16,192 16,150 16,412 17,271 17,462 17,512 17,420 17,487 17,469 17,496 17,357 17,253 17,240 17,386 17,248 17,337 17,367 17,350 17,390 17,418 17,596 17,564 17,543 17,457 17,355 17,316 17,449 17,501
Intangible Assets 5,520 2,822 5,534 2,849 5,512 5,527 5,336 5,323 5,294 5,284 5,244 5,238 5,165 5,161 5,092 5,081 5,083 5,087 4,940 4,908 4,888 4,896 4,858 4,823 4,748 4,697 4,830 4,870 4,865 4,872 4,837 4,858 4,885 4,910 4,974 4,986 5,007 5,049 5,082 5,123
Long-Term Investments 212,219 150,200 183,143 159,678 172,254 170,268 167,292 164,573 168,686 122,691 159,201 160,868 160,871 128,639 180,778 186,004 187,571 131,129 180,521 175,253 166,428 111,684 153,618 146,285 149,461 95,080 124,961 120,293 119,901 95,894 122,435 129,540 134,561 108,355 105,566 108,806 106,788 112,392 112,815 114,239
Other Non-Current Assets 55,580 26,440 67,577 114,946 64,768 9,942 11,627 9,390 9,136 12,411 12,615 14,591 15,818 17,686 17,895 17,426 12,046 12,209 11,277 11,329 10,160 11,198 9,323 10,214 15,538 9,076 10,440 11,256 10,166 9,329 10,557 10,102 9,710 9,649 10,411 10,351 8,849 8,798 12,686 9,831
Total Non-Current Assets 293,849 199,810 276,576 297,585 262,452 205,601 203,973 198,770 202,480 159,810 196,453 200,184 201,294 170,892 223,488 229,136 225,521 169,368 217,580 212,419 202,466 148,876 188,773 182,173 190,501 129,864 160,628 156,726 155,309 129,277 157,051 163,670 168,454 142,112 140,125 143,240 139,306 144,858 149,370 148,093
Total Assets 561,517 472,300 455,312 485,781 440,691 416,064 427,461 428,539 434,728 409,877 405,248 430,382 425,112 405,783 427,953 452,621 473,811 444,438 470,533 466,963 464,984 469,633 428,398 442,316 468,155 381,508 373,168 381,168 346,132 362,873 349,770 352,928 373,597 371,758 354,397 354,815 337,536 333,469 374,114 372,351
Current Liabilities
Account Payables 24,754 21,872 23,638 21,273 22,244 20,073 19,741 17,569 19,392 18,395 17,441 21,084 22,598 23,435 23,741 25,769 26,608 25,150 26,002 23,704 23,827 25,085 23,514 25,012 24,016 18,758 18,364 18,946 19,310 19,731 18,683 19,123 20,172 20,184 21,176 21,622 21,306 20,987 21,162 21,172
Short-Term Debt 20,508 2,003 18,949 17,853 17,325 14,365 14,875 16,002 15,112 14,507 14,771 21,285 26,540 12,335 11,339 11,434 13,181 11,566 12,780 12,926 15,571 11,305 16,578 15,177 14,249 15,360 15,334 20,651 14,534 16,182 10,893 15,708 25,536 18,238 12,815 11,810 13,692 10,743 9,045 8,709
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 419,514 362,987 317,311 346,393 311,444 291,525 298,413 305,825 310,432 286,212 281,604 295,720 284,257 281,541 305,542 329,008 348,029 322,232 345,599 342,366 338,855 343,878 299,800 308,154 338,025 261,123 251,869 254,358 224,080 239,977 233,014 231,654 243,220 245,530 231,839 236,630 222,258 222,357 262,586 260,492
Total Current Liabilities 469,225 386,862 359,898 385,519 351,013 325,963 333,029 339,396 344,936 319,114 313,816 338,089 333,395 317,311 340,622 366,211 387,818 358,948 384,381 378,996 378,253 380,268 339,892 348,343 376,290 295,241 285,567 293,955 257,924 275,890 262,590 266,485 288,928 283,952 265,830 270,062 257,256 254,087 292,793 290,373
Non-Current Liabilities
Long-Term Debt 32,757 31,873 32,570 33,429 31,081 31,079 33,600 31,227 32,702 31,736 29,933 33,834 33,027 30,855 28,177 28,130 25,558 26,680 25,810 26,080 25,698 26,334 26,541 29,194 29,038 28,100 28,692 30,124 31,806 32,390 31,047 31,313 29,489 31,007 31,761 29,037 27,368 25,217 25,367 24,671
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
Other Non-Current Liabilities 14,216 8,757 18,483 22,294 14,974 17,258 18,442 16,795 16,328 18,122 20,368 17,357 17,888 16,767 19,258 17,135 18,283 15,419 16,105 16,093 15,630 16,911 16,618 20,813 21,448 16,439 17,439 15,254 14,933 13,725 14,272 13,384 13,056 15,053 15,702 15,218 13,081 14,585 15,581 18,010
Total Non-Current Liabilities 46,973 40,630 51,053 55,723 46,055 48,337 52,042 48,022 49,030 49,858 50,301 51,191 50,915 47,622 47,435 45,265 43,841 42,099 42,100 42,173 41,328 43,245 43,159 50,007 50,486 44,539 46,131 45,378 46,739 46,115 45,319 44,697 42,545 46,060 47,463 44,255 40,449 39,802 40,948 42,681
Total Liabilities 516,198 427,492 410,951 441,242 397,068 374,300 385,071 387,418 393,966 368,972 364,117 389,280 384,310 364,933 388,057 411,476 431,659 401,047 426,481 421,169 419,581 423,513 383,051 398,350 426,776 339,780 331,698 339,333 304,663 322,005 307,909 311,182 331,473 330,012 313,293 314,317 297,705 293,889 333,741 333,054
Stockholders' Equity
Common Stock 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 13 13 13 13 13
Retained Earnings 47,582 46,396 45,346 44,388 43,343 42,537 41,756 40,999 40,178 39,549 39,822 39,199 38,465 37,864 37,660 37,644 37,088 36,667 36,125 35,540 34,822 34,241 33,821 33,224 32,601 31,894 30,789 30,081 29,382 28,652 28,098 27,306 26,496 25,635 24,757 24,027 23,300 22,621 22,002 21,233
Accumulated Other Comprehensive Income (3,496) (3,035) (3,362) (3,549) (4,115) (4,656) (3,867) (4,900) (4,876) (4,893) (5,805) (5,602) (5,543) (5,966) (6,627) (5,307) (3,881) (2,213) (2,003) (1,670) (1,819) (985) (1,359) (1,943) (2,827) (2,638) (2,893) (2,688) (2,990) (3,171) (2,983) (2,795) (2,343) (2,357) (2,781) (3,093) (3,524) (3,765) (2,785) (2,552)
Total Stockholders' Equity 44,783 44,313 43,879 43,950 43,119 41,318 41,992 40,843 40,569 40,770 40,966 40,933 40,634 40,734 39,737 40,984 41,799 43,034 43,601 45,281 44,954 45,801 44,917 43,697 41,145 41,483 41,120 41,533 41,225 40,638 41,560 41,505 41,728 41,251 40,523 39,974 39,138 38,811 39,695 38,559
Total Liabilities & Equity 561,517 472,300 455,312 485,781 440,691 416,064 427,461 428,539 434,728 409,877 405,248 430,382 425,112 405,783 427,953 452,621 473,811 444,438 470,533 466,963 464,984 469,633 428,398 442,316 468,155 381,508 373,168 381,168 346,132 362,873 349,770 352,928 373,597 371,758 354,397 354,815 337,536 333,469 374,114 372,351
Debt Metrics
Total Debt 53,265 33,876 51,519 51,282 48,406 45,444 48,475 47,229 47,814 46,243 44,704 55,119 59,567 43,190 39,516 39,564 38,739 38,246 38,590 39,006 41,269 37,639 43,119 44,371 43,287 43,460 44,026 50,775 46,340 48,572 41,940 47,021 55,025 49,245 44,576 40,847 41,060 35,960 34,412 33,380
Net Debt (133,775) (97,641) (68,342) (90,019) (68,139) (56,493) (67,735) (85,709) (87,324) (78,948) (77,534) (77,933) (73,694) (64,165) (81,615) (103,191) (121,363) (83,090) (115,178) (113,773) (114,009) (124,521) (86,197) (91,178) (131,011) (71,223) (51,920) (39,972) (34,020) (39,428) (52,351) (49,590) (56,228) (59,626) (52,045) (51,609) (43,946) (41,989) (65,320) (73,812)
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
Operating Activities
Net Income 1,632 1,461 1,445 1,423 1,220 1,155 1,182 1,168 1,025 302 1,040 1,067 976 543 388 869 773 863 947 1,022 927 750 937 950 980 1,440 1,038 1,017 946 881 1,111 1,103 1,171 1,175 1,018 975 922 870 987 873
Depreciation & Amortization 0 0 428 426 446 428 451 456 468 661 426 379 351 381 396 422 437 461 468 472 466 455 431 390 354 344 336 333 302 328 334 342 335 430 351 346 347 384 370 384
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 365 0 0 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 (5,096) 3,181 (2,850) 210 (1,354) 110 (1,883) 534 (4,212) (2,695) 3,617 (331) 430 1,637 2,182 3,544 2,186 1,822 (1,306) 1,433 (4,752) (2,230) (596) 5,405 (2,873) (4,373) 3,805 (2,813) (2,158) 2,107 1 1,241 (2,415) (93) 3,717 (1,927) (2,612) 3,341 (1,574) (1,609)
Other Non-Cash Items 451 543 21 18 17 69 39 16 26 45 21 3 27 98 649 46 (3) (19) (36) (97) (90) 2 (6) 128 154 2 (23) (20) (11) (8) (31) (20) 41 (82) (29) (10) (20) (62) 295 309
Operating Cash Flow (3,013) 5,185 (1,064) 2,197 412 1,550 (312) 2,129 (2,680) (2,068) 5,040 1,148 1,792 2,924 3,725 4,990 3,429 3,129 54 2,829 (3,174) (865) 778 6,810 (1,685) (2,471) 5,081 (1,565) (949) 3,184 1,244 2,420 (852) 1,291 5,205 (622) (1,233) 4,689 95 (332)
Investing Activities
Capital Expenditure (617) (436) (438) (359) (320) (413) (375) (382) (299) (269) (336) (354) (261) (357) (118) (600) (271) (374) (376) (245) (220) (266) (333) (359) (264) (98) (395) (453) (264) (289) (314) (332) (173) (264) (211) (436) (286) (330) (146) (201)
Acquisitions 0 0 0 0 0 0 0 0 0 (1,163) 15,701 (10,342) 0 395 51 0 45 (170) (625) (1,307) 8 (32,629) 15,366 34,371 (63,322) (5,507) 9,587 (30,775) 17,210 (12,931) 2,784 18,441 84 (14,541) 107 (8,382) (2,115) 29,118 1 (38)
Purchases of Investments (14,532) (13,517) (11,132) (7,143) (13,981) (10,642) (11,073) (7,418) (19,779) (10,306) (2,857) (4,005) (9,190) (6,682) (5,779) (10,163) (12,209) (17,289) (14,547) (15,614) (15,710) (17,714) (21,003) (31,991) (27,373) (16,006) (14,009) (14,948) (10,294) (10,527) (6,394) (10,034) (10,445) (9,700) (6,818) (9,680) (8,406) (8,540) (8,979) (8,480)
Sales/Maturities of Investments 9,978 8,014 10,904 8,753 7,266 12,416 9,129 8,732 4,498 10,837 7,406 8,504 14,594 9,422 8,364 13,018 13,970 14,706 11,810 16,692 13,715 16,765 20,558 17,760 12,707 16,205 11,325 13,469 13,729 9,019 6,531 8,427 11,712 7,747 6,557 7,568 8,017 10,102 6,751 9,271
Other Investing Activities (78,552) (14,824) 31,696 (36,997) (11,769) 270 12,523 4,495 (11,161) (445) 717 (1,146) (22,895) 22,346 16,827 7,051 (35,436) 23,058 (420) (305) 6,885 (311) (142) 74 (349) 88 (352) 511 429 10 196 142 (2,608) (289) (210) (207) 499 (205) (2,265) 5,064
Investing Cash Flow (83,723) (20,763) 31,030 (35,746) (18,804) 1,631 10,204 5,427 (26,741) (1,346) 20,631 (7,343) (17,752) 25,124 19,345 9,306 (33,901) 19,931 (4,158) (779) 4,678 (34,155) 14,446 19,855 (78,601) (5,318) 6,156 (32,196) 20,810 (14,718) 2,803 16,644 (1,430) (17,047) (575) (11,137) (2,291) 30,145 (4,638) 5,616
Financing Activities
Net Debt Issuance 138 1,775 (1,256) 3,048 936 (1,869) 1,700 (1,184) 1,186 742 (3,607) 1,087 1,889 1,929 600 2,883 (396) 1,062 (177) 347 (299) (5,470) (2,620) 73 209 (482) (6,913) 4,096 (2,453) 2,250 (1,948) 537 6,119 (586) 3,296 (672) 4,723 2,314 865 1,743
Stock Repurchased (983) (1,045) (849) (895) (746) (750) (725) (601) (988) (950) (450) (448) (1,256) (2) (1) (3) (118) (1,249) (2,001) (618) (699) (1) 0 (3) (985) (1,041) (981) (750) (555) (1,372) (602) (651) (644) (651) (650) (506) (879) (848) (464) (509)
Dividends Paid (434) (416) (477) (378) (414) (374) (425) (347) (396) (364) (415) (333) (375) (339) (372) (313) (352) (311) (362) (304) (346) (312) (339) (327) (318) (335) (330) (318) (306) (327) (319) (293) (282) (297) (288) (248) (243) (250) (219) (232)
Other Financing Activities 89,082 17,037 (27,482) 31,525 20,332 (2,269) (9,979) (5,281) 28,631 4,309 (22,819) 5,308 14,155 (27,742) (23,292) (16,981) 30,831 (23,919) 8,166 (1,369) (176) 43,156 (12,299) (29,233) 83,974 7,863 (1,570) 30,054 (16,536) 12,907 (1,862) (17,407) (4,222) 17,083 (6,337) 12,467 431 (36,095) 2,349 (4,221)
Financing Cash Flow 88,303 15,873 (30,564) 33,305 21,100 (5,258) (9,424) (7,413) 28,433 3,741 (27,287) 5,614 14,413 (26,150) (23,061) (14,538) 30,095 (24,127) 5,626 (1,941) (1,520) 37,373 (15,255) (29,490) 82,880 6,005 (9,791) 33,082 (19,837) 13,458 (4,721) (17,806) 971 15,549 (3,842) 11,041 4,032 (34,872) 3,528 (3,219)
Cash Position
Net Change in Cash 0 0 (670) (97) 2,834 (2,266) 506 125 (1,130) 354 (1,624) (411) (1,506) 1,929 (26) 82 (339) (1,070) 1,482 101 (49) 2,424 9 (2,819) 2,538 (1,725) 1,400 (701) 35 1,909 (671) 1,148 (1,261) (175) 832 (641) 544 (135) (852) 1,881
Cash at Beginning 0 0 8,314 8,411 5,577 7,843 7,337 7,212 8,342 7,988 9,612 10,023 11,529 9,600 9,626 9,544 9,883 10,953 9,471 9,370 9,419 6,995 6,986 9,805 7,267 8,992 7,592 8,293 8,258 6,349 7,020 5,872 7,133 5,557 4,725 5,366 4,822 4,957 5,809 3,928
Cash at End 0 0 7,644 8,314 8,411 5,577 7,843 7,337 7,212 8,342 7,988 9,612 10,023 11,529 9,600 9,626 9,544 9,883 10,953 9,471 9,370 9,419 6,995 6,986 9,805 7,267 8,992 7,592 8,293 8,258 6,349 7,020 5,872 5,382 5,557 4,725 5,366 4,822 4,957 5,809
Free Cash Flow (3,630) 4,749 (1,502) 1,838 92 1,137 (687) 1,747 (2,979) (2,337) 4,704 794 1,531 2,567 3,607 4,390 3,158 2,755 (322) 2,584 (3,394) (1,131) 445 6,451 (1,949) (2,569) 4,686 (2,018) (1,213) 2,895 930 2,088 (1,025) 1,027 4,994 (1,058) (1,519) 4,359 (51) (533)
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 2015 Q4 2015 Q2 2014 Q4 2014 Q2 2013 Q4 2013 Q2
Income Statement
Revenue 9,863 10,067 10,359 10,364 9,651 10,033 10,162 9,871 9,487 9,229 8,836 8,536 7,145 5,973 5,212 4,499 3,927 3,992 4,011 3,927 3,930 3,864 3,879 4,088 4,773 5,592 4,976 4,993 4,887 4,891 4,713 4,669 4,534 3,990 4,219 4,078 3,911 3,789 3,936 3,797 6.7 6.8 6.9 6.9 7.6 7.4
Gross Profit 5,416 5,132 5,008 4,982 4,669 4,740 4,535 4,509 4,404 4,283 4,330 4,407 4,304 3,812 4,184 4,117 3,845 3,957 4,004 3,973 3,930 3,753 3,753 3,782 3,848 4,694 3,780 3,838 3,801 3,912 3,973 4,035 4,077 3,628 3,913 3,859 3,748 3,685 3,855 3,683 6.7 6.8 6.9 6.9 7.6 7.4
Operating Income 2,016 1,845 1,852 1,839 1,522 1,472 1,525 1,527 1,324 232 1,328 1,388 1,288 685 630 1,095 918 1,065 1,162 1,268 1,153 903 1,157 1,181 1,227 1,822 1,287 1,285 1,193 1,020 1,334 1,394 1,444 728 1,368 1,308 1,206 1,152 1,317 1,165 5.7 5.8 5.8 5.9 6.5 6.2
Net Income 1,632 1,461 1,445 1,423 1,220 1,155 1,182 1,168 1,025 205 1,040 1,072 982 543 388 869 773 863 947 1,022 927 750 937 950 980 1,440 1,038 1,017 946 881 1,111 1,103 1,171 1,175 1,018 975 922 870 987 873 (3.3) 17.8 16.3 10.0 (22.3) 6.9
EPS (Diluted) 2.24 2.02 1.88 1.93 1.58 1.54 1.50 1.52 1.25 0.20 1.22 1.31 1.13 0.62 0.39 1.03 0.86 1.01 1.04 1.13 0.97 0.79 0.98 1.01 1.05 1.52 1.07 1.01 0.94 0.84 1.06 1.03 1.10 1.08 0.94 0.88 0.83 0.77 0.90 0.75 -0.26 1.38 1.26 0.78 -1.72 0.54
Balance Sheet
Cash & Equivalents 187,040 131,517 119,861 141,301 116,545 101,937 116,210 132,938 135,138 125,191 122,238 133,052 133,261 107,355 121,131 142,755 160,102 121,336 153,768 152,779 155,278 162,160 129,316 135,549 174,298 114,683 95,946 90,747 80,360 88,000 94,291 96,611 111,253 108,871 96,621 92,456 85,006 77,949 99,732 107,192
Total Assets 561,517 472,300 455,312 485,781 440,691 416,064 427,461 428,539 434,728 409,877 405,248 430,382 425,112 405,783 427,953 452,621 473,811 444,438 470,533 466,963 464,984 469,633 428,398 442,316 468,155 381,508 373,168 381,168 346,132 362,873 349,770 352,928 373,597 371,758 354,397 354,815 337,536 333,469 374,114 372,351
Total Debt 53,265 33,876 51,519 51,282 48,406 45,444 48,475 47,229 47,814 46,243 44,704 55,119 59,567 43,190 39,516 39,564 38,739 38,246 38,590 39,006 41,269 37,639 43,119 44,371 43,287 43,460 44,026 50,775 46,340 48,572 41,940 47,021 55,025 49,245 44,576 40,847 41,060 35,960 34,412 33,380
Stockholders' Equity 44,783 44,313 43,879 43,950 43,119 41,318 41,992 40,843 40,569 40,770 40,966 40,933 40,634 40,734 39,737 40,984 41,799 43,034 43,601 45,281 44,954 45,801 44,917 43,697 41,145 41,483 41,120 41,533 41,225 40,638 41,560 41,505 41,728 41,251 40,523 39,974 39,138 38,811 39,695 38,559
Cash Flow
Operating Cash Flow (3,013) 5,185 (1,064) 2,197 412 1,550 (312) 2,129 (2,680) (2,068) 5,040 1,148 1,792 2,924 3,725 4,990 3,429 3,129 54 2,829 (3,174) (865) 778 6,810 (1,685) (2,471) 5,081 (1,565) (949) 3,184 1,244 2,420 (852) 1,291 5,205 (622) (1,233) 4,689 95 (332)
Capital Expenditure (617) (436) (438) (359) (320) (413) (375) (382) (299) (269) (336) (354) (261) (357) (118) (600) (271) (374) (376) (245) (220) (266) (333) (359) (264) (98) (395) (453) (264) (289) (314) (332) (173) (264) (211) (436) (286) (330) (146) (201)
Free Cash Flow (3,630) 4,749 (1,502) 1,838 92 1,137 (687) 1,747 (2,979) (2,337) 4,704 794 1,531 2,567 3,607 4,390 3,158 2,755 (322) 2,584 (3,394) (1,131) 445 6,451 (1,949) (2,569) 4,686 (2,018) (1,213) 2,895 930 2,088 (1,025) 1,027 4,994 (1,058) (1,519) 4,359 (51) (533)