Caterpillar Inc. logo CAT - Caterpillar Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 25
HOLD 21
SELL 7
STRONG
SELL 0
| PRICE TARGET: $867.33 DETAILS
HIGH: $1,165.00
LOW: $658.00
MEDIAN: $825.00
CONSENSUS: $867.33
DOWNSIDE: 1.43%
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 17,415 19,133 17,638 16,569 14,249 16,215 16,106 16,689 15,799 17,070 16,810 17,318 15,862 16,597 14,994 14,247 13,589 13,798 12,397 12,889 11,887 11,235 9,881 9,997 10,635 13,144 12,758 14,432 13,466 14,342 13,510 14,011 12,859 12,896 11,413 11,331 9,822 9,574 9,160 10,342 9,461 11,030 10,962 12,317 12,702 14,244 13,549 14,150 13,241 14,402 13,423 14,621 13,210 16,075 16,445 17,374 15,981 17,243 15,716 14,230 12,949 12,807 11,134 10,409 8,238 7,898 7,298 7,975 9,225 12,923 12,981 13,624 11,796 12,144 11,442 11,356 10,016 11,003 10,517 10,605 9,392 9,663 8,977 9,360 8,339 8,571 7,659 7,583 6,480 6,465 5,932 5,377 5,291 5,096 5,488 4,810 5,114 4,779 5,363 4,919
Cost of Revenue 11,306 13,658 11,673 11,108 9,291 10,659 10,402 10,464 9,960 11,304 10,863 11,310 10,320 11,802 10,353 10,095 9,665 10,106 8,728 8,997 8,137 7,912 7,056 7,262 7,441 9,300 8,758 10,133 9,193 10,176 9,207 9,604 8,732 9,051 7,841 7,978 6,960 7,690 6,674 7,567 6,974 8,330 8,014 8,822 8,910 10,653 9,791 10,350 9,597 10,716 9,952 10,958 9,828 12,696 11,836 12,478 11,441 12,763 11,455 10,303 9,057 9,349 7,752 7,372 5,894 5,852 5,255 5,752 7,027 10,066 9,704 10,036 8,609 8,920 8,270 8,579 7,407 7,971 7,610 7,672 6,784 6,906 6,547 7,074 6,385 6,052 5,745 5,563 4,889 5,006 4,459 4,074 3,957 3,911 4,028 3,531 4,397 3,216 3,583 3,301
Gross Profit 6,109 5,475 5,965 5,461 4,958 5,556 5,704 6,225 5,839 5,766 5,947 6,008 5,542 4,795 4,641 4,152 3,924 3,692 3,669 3,892 3,750 3,323 2,825 2,735 3,194 3,844 4,000 4,299 4,273 4,166 4,303 4,407 4,127 3,845 3,572 3,353 2,862 1,884 2,486 2,775 2,487 2,700 2,948 3,495 3,792 3,591 3,758 3,800 3,644 3,686 3,471 3,663 3,382 3,379 4,609 4,896 4,540 4,480 4,261 3,927 3,892 3,458 3,382 3,037 2,344 2,046 2,043 2,223 2,198 2,857 3,277 3,588 3,187 3,224 3,172 2,777 2,609 3,032 2,907 2,933 2,608 2,757 2,430 2,286 1,954 2,519 1,914 2,020 1,591 1,459 1,473 1,303 1,334 1,185 1,460 1,279 717 1,563 1,780 1,618
Operating Expenses
R&D Expenses 537 562 555 551 480 519 533 535 520 554 554 528 472 401 476 480 457 439 427 446 374 374 344 341 356 386 431 441 435 466 479 462 443 579 461 458 425 522 453 468 508 553 513 510 524 578 533 516 508 467 469 548 562 613 634 632 587 604 584 584 525 543 510 450 402 355 327 351 388 507 437 415 369 357 357 350 340 368 329 343 307 290 285 268 241 243 240 214 231 175 169 132 186 190 172 167 176 161 157 155
SG&A Expenses 1,816 1,876 1,822 1,694 1,593 1,769 1,669 1,652 1,577 1,756 1,624 1,528 1,463 1,479 1,401 1,425 1,346 1,422 1,340 1,364 1,239 1,216 1,126 1,179 1,121 1,283 1,251 1,309 1,319 1,463 1,299 1,440 1,276 1,606 1,254 1,304 1,061 1,483 992 1,123 1,088 1,267 1,129 1,318 1,249 1,522 1,446 1,437 1,292 1,417 1,319 1,421 1,390 1,591 1,471 1,517 1,340 1,487 1,360 1,257 1,099 1,109 1,148 1,059 932 942 907 914 882 413 1,061 1,074 959 265 1,213 968 890 278 1,234 1,111 1,083 228 1,008 997 744 849 881 744 673 669 604 616 620 653 655 621 670 650 647 637
Other Expenses 671 377 536 297 306 344 355 556 223 322 320 300 876 1,235 339 303 266 220 238 293 323 353 370 431 313 325 298 336 312 354 390 338 300 499 348 407 996 1,141 560 399 397 994 381 334 317 428 387 372 446 350 282 137 212 137 (92) 131 290 429 558 485 435 515 537 551 502 621 532 611 1,103 1,480 606 574 566 1,347 289 246 239 1,240 266 0 0 1,172 197 0 213 731 130 292 119 116 118 128 135 139 175 0 (769) 255 257 257
Operating Expenses 3,024 2,815 2,913 2,542 2,379 2,632 2,557 2,743 2,320 2,632 2,498 2,356 2,811 3,115 2,216 2,208 2,069 2,081 2,005 2,103 1,936 1,943 1,840 1,951 1,790 1,994 1,980 2,086 2,066 2,283 2,168 2,240 2,019 2,684 2,063 2,169 2,482 3,146 2,005 1,990 1,993 2,814 2,023 2,162 2,090 2,528 2,366 2,325 2,246 2,234 2,070 2,106 2,164 2,341 2,013 2,280 2,217 2,520 2,502 2,326 2,059 2,167 2,195 2,060 1,836 1,918 1,766 1,876 2,373 2,400 2,104 2,063 1,894 1,969 1,859 1,564 1,469 1,886 1,829 1,454 1,390 1,690 1,490 1,265 1,198 1,823 1,251 1,250 1,023 960 891 876 941 982 1,002 788 77 1,066 1,061 1,049
Operating Income
Operating Income 3,085 2,660 3,052 2,919 2,579 2,924 3,147 3,482 3,519 3,134 3,449 3,652 2,731 1,680 2,425 1,944 1,855 1,611 1,664 1,789 1,814 1,380 985 784 1,404 1,850 2,020 2,213 2,207 1,883 2,135 2,167 2,108 1,161 1,509 1,184 380 (1,262) 481 785 494 (114) 925 1,333 1,702 1,063 1,392 1,475 1,398 1,452 1,401 1,557 1,218 1,038 2,596 2,616 2,323 1,960 1,759 1,601 1,833 1,291 1,187 977 508 128 277 347 (175) 457 1,173 1,525 1,293 1,255 1,313 1,213 1,140 1,146 1,078 1,479 1,218 1,067 940 1,021 756 696 663 770 568 499 582 427 393 203 458 491 640 497 719 569
Interest Expense 479 478 346 107 99 107 93 113 122 126 109 107 115 117 109 108 109 111 114 119 141 129 135 134 112 111 101 103 102 98 102 100 101 165 116 120 121 119 124 130 129 126 127 125 129 126 128 120 110 109 116 120 120 115 326 308 317 310 323 299 290 295 312 315 335 326 347 381 380 0 291 279 284 0 289 279 271 0 266 256 232 0 197 184 170 0 129 120 118 0 118 521 135 0 175 182 0 186 170 153
Interest Income 0 127 180 81 99 120 108 118 136 170 135 96 93 69 52 25 21 16 20 21 23 21 21 27 43 46 50 54 52 56 59 45 36 36 32 32 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 55 0 0 0 0 0 0 0 86 0 0 0 10 0 0 0 0 0 0 0 0 0 0 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 3,680 4,102 4,051 3,479 3,226 3,905 3,766 4,168 4,199 3,920 4,169 4,321 3,295 2,774 3,218 2,757 2,665 3,260 2,482 2,577 2,725 1,688 1,592 1,421 2,240 2,121 2,753 2,928 3,008 2,167 2,935 2,974 2,916 2,004 2,364 2,000 1,122 (449) 1,270 1,623 1,234 690 1,668 2,022 2,649 1,861 2,307 2,329 2,233 2,320 2,156 2,234 1,970 1,171 3,299 3,375 3,072 2,983 2,615 2,248 2,628 2,142 1,980 1,823 1,358 1,157 1,160 1,320 702 2,436 2,111 2,367 2,171 3,203 1,765 1,650 1,552 2,765 1,496 1,881 1,618 2,576 1,309 1,393 1,128 1,762 1,015 1,123 918 838 921 737 695 500 751 780 893 752 976 826
EBIT 3,085 3,504 3,481 2,925 2,686 3,350 3,223 3,637 3,675 3,375 3,644 3,779 2,763 2,216 2,667 2,204 2,108 2,674 1,889 1,990 2,139 1,071 999 813 1,626 1,477 2,108 2,281 2,367 1,466 2,237 2,288 2,235 1,280 1,641 1,280 412 (1,228) 509 869 494 (84) 910 1,261 1,896 1,066 1,509 1,540 1,452 1,496 1,377 1,473 1,247 428 2,579 2,686 2,411 2,288 1,957 1,649 2,053 1,527 1,415 1,261 804 454 599 782 168 1,909 1,610 1,887 1,699 2,707 1,313 1,213 1,140 2,383 1,078 1,479 1,218 2,212 940 1,021 756 1,420 663 770 568 499 582 427 393 203 458 491 640 497 719 569
Income Before Tax 3,211 3,026 3,135 2,825 2,577 3,253 3,105 3,517 3,542 3,260 3,527 3,676 2,650 2,098 2,567 2,100 2,006 2,549 1,796 1,884 2,006 947 858 686 1,518 1,373 2,012 2,184 2,271 1,370 2,142 2,195 2,139 1,119 1,531 1,164 284 (1,347) 379 737 364 (211) 780 1,138 1,769 942 1,385 1,421 1,343 1,382 1,260 1,352 1,128 914 2,455 2,581 2,300 1,978 1,628 1,340 1,755 1,221 1,096 942 467 115 253 400 (211) 365 1,271 1,548 1,352 1,305 1,322 1,208 1,191 1,134 1,103 1,495 1,210 1,116 970 1,075 813 733 680 775 578 474 554 421 289 237 399 237 392 261 466 381
Income Tax Expense 670 712 836 646 574 463 642 836 688 587 734 752 708 644 527 427 469 429 368 470 475 167 187 227 425 276 518 565 387 321 415 490 472 2,418 470 361 90 (180) 96 184 92 (128) 218 335 521 179 364 419 418 376 310 387 246 214 753 872 689 416 474 318 512 233 295 209 231 (91) (139) 40 (80) (296) 395 434 420 330 395 385 375 252 334 449 370 270 303 315 232 182 182 209 158 125 155 116 89 70 128 75 128 45 151 123
Net Income 2,549 2,401 2,290 2,179 2,003 2,791 2,464 2,681 2,856 2,676 2,794 2,922 1,943 1,454 2,041 1,673 1,537 2,120 1,426 1,413 1,530 780 668 458 1,092 1,098 1,494 1,620 1,881 1,048 1,727 1,707 1,665 (1,299) 1,059 802 192 (1,171) 283 550 271 (87) 559 802 1,245 757 1,017 999 922 1,003 946 960 880 697 1,699 1,699 1,586 1,547 1,141 1,015 1,225 968 792 707 233 232 404 371 (112) 661 868 1,106 922 975 927 823 816 882 769 1,046 840 846 667 760 581 551 498 566 420 349 399 305 200 167 271 162 264 216 315 258
Per Share Data
EPS (Basic) 5.50 5.15 4.89 4.64 4.22 5.81 5.09 5.50 5.78 5.31 5.48 5.70 3.76 2.81 3.89 3.15 2.88 3.94 2.62 2.58 2.80 1.43 1.23 0.84 2.00 2.00 2.69 2.85 3.29 1.80 2.92 2.86 2.78 -2.18 1.79 1.36 0.33 -2.00 0.48 0.94 0.46 -0.15 0.63 1.18 1.84 1.25 1.66 1.60 1.47 1.57 1.48 1.48 1.34 1.07 2.60 2.60 2.44 2.38 1.76 1.57 1.91 1.51 1.25 1.12 0.37 0.37 0.65 0.61 -0.19 1.10 1.43 1.80 1.49 1.58 1.45 1.28 1.27 1.37 1.18 1.58 1.25 1.25 0.98 1.12 0.85 1.61 0.73 0.83 0.62 0.51 0.58 0.44 0.29 0.24 0.40 0.24 0.38 0.32 0.46 0.37
EPS (Diluted) 5.47 5.12 4.89 4.62 4.20 5.78 5.06 5.48 5.75 5.28 5.45 5.67 3.74 2.79 3.87 3.13 2.86 3.91 2.60 2.56 2.77 1.42 1.22 0.84 1.98 1.97 2.66 2.83 3.25 1.78 2.88 2.82 2.74 -2.18 1.77 1.35 0.32 -2.00 0.48 0.93 0.46 -0.15 0.62 1.16 1.81 1.23 1.63 1.57 1.44 1.54 1.45 1.45 1.31 1.04 2.54 2.54 2.37 2.38 1.71 1.52 1.84 1.51 1.22 1.09 0.36 0.37 0.64 0.60 -0.19 1.10 1.39 1.74 1.45 1.58 1.40 1.24 1.23 1.37 1.14 1.52 1.20 1.25 0.94 1.08 0.81 1.61 0.70 0.80 0.60 0.51 0.57 0.44 0.29 0.24 0.39 0.24 0.38 0.31 0.45 0.37
Shares Outstanding 463.4 466.5 468.6 469.7 474.9 484.2 484.2 487.2 493.9 504.4 509.8 512.9 516.2 517.4 525 531 534.5 538.7 544 547.9 546.4 544.5 542.3 541.5 546.8 550.3 556.3 567.8 572.4 581.4 592.1 596.2 598 596.4 592.9 590.2 587.5 585.8 584.7 584.1 582.8 582.3 588.4 603.2 604.9 605.8 611.5 626.3 626.7 637 639.3 649.9 656.2 654.4 653.6 652.9 650 647.1 646.6 645.5 641.4 637.2 632.6 629.8 626.4 624.5 622.4 611.8 602.1 602.1 607 614.3 617.5 617.5 638.3 640.5 643.9 643.9 653.2 662.1 672 672.1 678.8 678.3 684.1 342 683.6 684.8 685.2 685.2 689.4 688.6 688 686.6 686.6 689.4 685.6 685.7 692.3 706.8
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 4,072 9,980 7,538 5,442 3,562 6,889 5,638 4,341 4,959 6,978 6,545 7,387 6,789 7,004 6,346 6,014 6,526 9,254 9,446 11,067 11,351 9,352 9,319 8,791 7,130 8,292 7,936 7,459 7,158 7,890 8,046 0 0 0 0 0 0 0 0 0 0 3,597 3,538 4,867 3,991 3,566 910 467 368 342 309 327 309 445 232 272 247 334 398 469 436 548 283 325 244 360 235 221 306 292 787 557 518 487 759 633 605 638 897 696 465 419 333 173 64 83 86 77 86
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 21,890 21,569 20,461 20,078 19,016 18,847 18,902 18,937 18,742 18,820 18,742 18,704 18,349 17,869 17,076 17,315 18,138 17,375 16,566 17,193 17,288 16,780 15,935 15,915 16,954 17,904 17,467 18,535 17,893 17,452 16,798 16,897 16,666 16,193 15,675 15,595 15,217 14,503 14,516 15,527 16,166 14,434 14,191 13,912 14,644 16,066 15,080 12,232 11,740 9,197 10,177 9,637 8,258 9,535 8,831 9,186 8,445 8,079 8,091 8,071 7,689 7,439 7,688 7,945 7,631 7,176 7,467 7,323 6,532 5,991 5,923 5,899 5,278 5,222 5,694 4,689 4,465 4,285 4,308 4,637 4,499 4,290 4,176 4,041 4,121 3,625 3,839 3,504 3,299
Inventory 19,626 18,135 18,958 18,595 17,862 16,827 17,312 17,082 16,953 16,565 17,580 17,746 17,633 16,270 16,860 15,881 15,038 14,038 13,666 12,672 12,149 11,402 11,453 11,371 11,748 11,266 12,180 12,007 12,340 11,529 11,814 11,255 10,947 10,018 10,212 9,388 9,082 8,614 9,478 9,458 9,849 7,339 6,990 6,360 7,160 7,992 7,187 4,097 3,678 3,047 2,949 3,064 2,763 3,084 2,922 2,846 2,964 2,692 2,644 2,555 2,659 2,594 2,719 2,772 2,892 2,842 3,116 3,132 3,091 2,603 2,621 2,526 2,478 2,222 2,182 2,198 2,118 1,921 2,188 2,211 2,095 1,835 1,731 1,672 1,678 1,525 1,515 1,566 1,654
Other Current Assets 2,980 2,801 0 2,640 2,579 3,119 3,094 2,736 3,010 4,586 5,138 3,163 2,889 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,041 1,153 1,216 1,147 1,300 892 605 729 2,257 693 699 1,926 441 322 279 1,344 1,416 1,307 1,263 1,186 1,229 1,287 1,210 1,136 1,081 968 1,010 947 928 865 837 805 852 795 821 807 803 911 922 917 865 817 805 807 838 832 710 800
Total Current Assets 48,568 52,485 49,818 46,755 43,019 45,682 44,946 43,096 43,664 46,949 48,005 47,000 45,660 43,785 42,577 41,982 42,570 43,455 41,893 42,946 42,581 39,464 38,534 37,862 37,586 39,193 39,160 39,789 39,126 38,603 38,454 38,641 37,357 36,244 37,185 36,991 35,548 31,967 31,999 33,606 33,748 27,376 26,412 27,217 27,383 29,672 24,922 18,726 17,866 16,267 15,489 15,070 14,480 14,785 13,435 13,744 13,000 12,521 12,440 12,358 11,970 11,810 11,977 12,252 11,903 11,459 11,786 11,686 10,876 9,814 10,196 9,819 9,079 8,783 9,430 8,341 7,995 7,647 8,304 8,466 7,976 7,409 7,057 6,691 6,670 6,071 6,272 5,857 5,839
Non-Current Assets
Property, Plant & Equipment 15,249 15,140 14,310 13,896 13,432 13,361 12,837 12,582 12,538 12,680 12,287 12,124 11,973 12,028 11,643 11,744 11,932 12,090 11,904 12,014 12,132 12,401 12,232 12,357 12,488 12,904 12,842 13,172 13,259 13,574 13,607 13,752 13,912 14,155 14,187 14,420 14,727 15,322 15,680 15,916 15,935 11,763 12,057 12,386 12,226 12,342 9,436 7,140 7,153 7,251 7,034 6,998 7,009 6,810 6,311 6,158 5,993 5,588 5,273 5,253 5,181 5,201 4,936 4,913 4,852 4,866 4,517 4,444 4,376 4,058 3,819 3,786 3,765 3,767 3,546 3,569 3,609 3,644 3,549 3,640 3,708 3,776 3,697 3,718 3,769 3,827 3,767 3,835 3,875
Goodwill 5,865 5,321 5,329 5,331 5,270 5,241 5,317 5,264 5,277 5,308 5,268 5,293 5,309 5,288 6,092 6,195 6,293 6,324 6,353 6,372 6,343 6,394 6,304 6,192 6,140 6,196 6,142 6,211 6,191 6,217 6,233 6,249 6,376 6,200 6,196 6,142 6,051 6,020 6,725 6,677 6,710 2,292 2,284 2,269 2,264 2,256 1,937 0 0 1,398 0 0 1,402 0 0 0 0 0 0 0 0 0 0 0 0 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 419 241 281 321 361 399 448 488 516 564 604 630 694 758 806 889 967 1,042 1,121 1,176 1,246 1,308 1,363 1,420 1,478 1,565 1,630 1,733 1,807 1,897 1,976 2,039 2,163 2,111 2,175 2,232 2,287 2,349 2,453 2,652 2,741 485 488 465 485 492 456 1,630 1,634 239 1,681 1,681 281 1,706 1,485 1,502 1,482 1,507 1,488 1,508 1,519 1,543 1,563 1,578 1,235 1,241 1,236 1,253 1,169 228 224 223 229 233 221 220 218 170 240 236 237 237 353 353 352 353 359 361 361
Long-Term Investments 16,831 16,414 15,603 18,828 18,029 18,581 18,435 17,629 17,422 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 154 133 105 92 92 0 0 0 800 0 0 747 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 441 0 0 0 0 0 0
Other Non-Current Assets 6,199 6,102 5,381 1,767 1,529 1,188 1,240 1,357 1,464 19,159 17,908 17,773 17,608 17,871 17,571 18,176 18,541 18,042 17,769 17,734 17,036 17,234 16,868 17,276 16,776 17,184 16,847 16,809 16,965 16,779 16,651 16,680 16,519 16,559 15,972 15,859 15,996 16,256 16,966 16,913 16,687 14,259 14,904 14,882 16,372 16,367 16,094 10,690 10,620 10,140 9,172 8,931 8,075 8,239 7,693 7,918 8,750 8,848 8,639 8,765 8,293 8,157 7,983 8,012 7,729 7,562 7,595 7,723 7,156 6,656 6,519 6,369 6,219 5,945 6,547 5,992 5,590 5,369 5,393 5,536 4,877 4,828 3,007 4,683 4,406 4,556 4,427 4,306 4,092
Total Non-Current Assets 46,982 46,100 43,904 43,570 41,955 42,082 41,327 40,240 40,077 40,527 38,786 38,427 37,989 38,158 38,330 39,125 39,706 39,338 38,891 38,751 38,148 38,860 38,207 38,704 38,308 39,260 38,833 39,398 39,600 39,906 39,755 40,346 40,657 40,718 41,375 41,519 42,001 42,737 44,403 44,694 44,559 31,417 32,424 33,249 34,709 34,768 29,877 19,992 19,992 19,674 18,731 18,468 18,223 17,589 16,468 16,533 16,225 15,943 15,400 15,526 14,993 14,901 14,482 14,503 13,816 13,669 13,348 13,420 12,701 10,942 10,562 10,378 10,213 9,945 10,314 9,781 9,417 9,183 9,182 9,412 8,822 8,841 8,856 8,754 8,527 8,736 8,553 8,502 8,328
Total Assets 95,550 98,585 93,722 90,325 84,974 87,764 86,273 83,336 83,741 87,476 86,791 85,427 83,649 81,943 80,907 81,107 82,276 82,793 80,784 81,697 80,729 78,324 76,741 76,566 75,894 78,453 77,993 79,187 78,726 78,509 78,209 78,987 78,014 76,962 78,560 78,510 77,549 74,704 76,402 78,300 78,307 58,793 58,836 60,038 62,092 64,440 54,799 38,718 37,858 36,711 34,220 33,538 32,705 32,374 29,903 30,277 29,225 28,464 27,840 27,884 26,963 26,711 26,459 26,755 25,719 25,128 25,134 25,106 23,577 20,756 20,758 20,197 19,292 18,728 19,744 18,122 17,412 16,830 17,486 17,878 16,798 16,250 15,913 15,445 15,197 14,807 14,825 14,359 14,167
Current Liabilities
Account Payables 9,641 8,968 8,729 8,563 7,792 7,675 7,705 7,575 7,778 7,906 7,827 8,443 8,951 8,689 8,260 8,092 8,361 8,154 7,218 6,921 6,694 6,128 5,193 5,083 5,769 5,957 6,141 7,022 7,198 7,051 6,788 6,831 6,938 6,487 6,113 5,778 5,302 4,614 4,713 5,104 5,101 3,975 3,431 2,993 2,682 3,340 4,426 3,664 3,309 2,259 2,516 2,375 1,790 2,410 5,405 2,329 2,234 2,339 2,263 2,266 2,192 2,003 2,102 2,060 2,123 3,558 3,678 3,587 3,790 3,358 3,173 3,098 2,904 2,858 1,798 2,814 2,734 2,579 2,695 2,828 2,835 2,624 2,504 2,347 2,311 2,055 1,956 1,883 1,899
Short-Term Debt 12,424 12,634 13,798 12,800 12,769 11,058 12,117 13,475 13,022 13,406 12,880 14,714 12,165 11,279 11,016 10,743 12,307 11,756 9,630 11,381 11,824 11,164 12,019 11,715 12,724 11,376 12,318 11,514 11,542 11,553 10,332 12,470 12,150 11,031 11,089 13,377 14,557 13,965 13,488 14,343 13,893 8,927 8,622 9,784 9,738 11,425 10,302 6,433 6,340 5,738 5,572 5,512 6,087 5,324 1,229 4,722 4,694 3,733 3,516 3,883 3,705 3,874 3,248 3,896 3,420 3,048 2,505 2,787 2,231 1,626 2,186 2,115 2,190 2,927 2,895 2,888 2,488 2,436 2,173 1,861 1,673 1,633 1,788 1,593 1,060 1,533 1,871 1,552 1,677
Deferred Revenue 4,382 3,314 3,391 3,412 2,951 2,322 2,404 2,324 2,194 1,929 2,333 2,137 2,202 1,860 1,831 1,608 1,388 1,087 1,155 1,157 1,168 1,108 1,209 1,227 1,295 1,187 1,309 1,263 1,354 1,243 1,491 1,378 1,399 1,426 1,510 1,533 1,383 1,167 1,161 1,259 1,328 1,404 0 1,217 1,546 0 0 0 0 253 0 0 259 0 0 0 0 0 0 0 0 0 0 0 0 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 9,455 11,642 2,760 2,627 2,834 2,909 2,934 2,882 3,265 3,123 3,115 3,109 3,035 2,690 2,878 2,333 2,355 2,256 2,319 2,126 2,035 2,017 1,978 2,143 2,074 2,155 2,188 2,157 2,348 1,919 1,867 1,871 1,890 1,742 1,744 1,787 1,641 1,635 1,620 1,635 1,593 2,118 2,248 2,078 1,652 2,698 2,243 330 271 2,018 324 111 1,849 7 62 149 2,308 2,496 2,328 2,346 2,265 2,377 2,250 2,251 2,227 1,339 1,222 1,305 1,416 1,395 1,179 1,285 1,195 1,228 2,549 1,196 1,076 1,034 1,006 1,231 1,242 1,241 1,163 1,210 1,716 1,083 979 995 940
Total Current Liabilities 35,902 36,558 35,991 34,934 32,595 32,272 32,218 33,564 32,371 34,728 33,124 35,314 31,842 31,531 30,202 28,963 29,532 29,847 25,976 27,508 26,578 25,717 24,978 25,231 26,516 26,621 27,201 27,735 27,388 28,218 26,033 28,300 27,402 26,931 25,903 28,133 27,635 26,132 25,290 27,183 26,215 19,784 18,417 18,975 19,490 22,089 21,073 13,325 13,200 12,347 11,167 10,688 11,725 10,504 9,340 9,631 9,236 8,568 8,107 8,495 8,162 8,254 7,600 8,207 7,770 7,945 7,405 7,679 7,437 6,379 6,538 6,498 6,289 7,013 7,242 6,898 6,298 6,049 5,874 5,920 5,750 5,498 5,455 5,150 5,087 4,671 4,806 4,430 4,516
Non-Current Liabilities
Long-Term Debt 30,642 30,696 27,736 27,948 25,819 27,454 25,784 23,836 24,831 24,533 24,259 22,985 24,873 25,826 25,509 26,219 25,277 25,954 27,154 26,204 26,356 25,896 26,107 26,907 24,369 26,153 25,588 24,764 24,240 24,503 25,441 23,699 23,165 23,410 24,835 23,815 23,725 22,750 23,622 23,980 24,470 20,226 21,548 21,847 23,558 23,466 17,153 14,981 14,570 14,546 12,564 12,744 11,774 12,435 11,699 12,032 11,342 11,334 11,144 10,853 10,218 9,928 10,347 10,106 9,509 9,404 9,726 9,464 8,316 6,942 6,645 6,267 5,603 4,532 4,550 4,042 4,058 3,964 4,589 5,042 4,314 4,270 3,892 3,946 3,971 3,895 3,867 4,237 4,035
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 0 0 0 0 549 532 568 534 429 401 392 496 474 457 448 507 544 544 528 494 530 429 58 119 123 117 58 57 60 53 48 85 37 37 36 27 21 21 23 28 26 24 24 23 24 23
Other Non-Current Liabilities 10,346 10,013 9,336 8,780 8,490 8,647 8,868 8,800 8,894 8,773 8,901 8,872 8,764 8,807 9,574 10,166 10,370 10,397 10,959 11,105 11,178 11,230 10,662 10,651 10,770 10,922 10,211 11,810 11,620 11,211 10,845 12,046 12,175 12,418 12,125 12,483 12,529 12,541 11,775 11,834 11,869 9,079 9,849 9,916 11,188 12,549 7,965 3,253 3,222 3,172 4,025 4,038 3,333 3,065 2,491 2,481 2,515 2,514 2,537 2,534 2,543 2,536 2,620 2,666 2,698 2,590 2,714 2,707 2,698 2,698 2,832 2,856 2,981 3,019 3,141 3,360 3,378 3,393 3,502 3,517 3,532 3,548 3,739 3,751 3,762 4,018 3,986 3,995 3,995
Total Non-Current Liabilities 40,988 40,709 37,072 36,728 34,309 35,998 34,652 32,636 33,725 33,245 33,160 31,857 33,637 34,521 35,083 36,385 35,647 36,430 38,113 37,309 37,534 37,229 36,769 37,558 35,139 37,203 35,799 36,574 35,860 36,211 36,286 35,745 35,340 36,265 36,960 36,298 36,254 35,359 35,397 35,814 36,339 29,305 31,397 31,763 34,746 36,015 25,118 18,783 18,324 18,286 17,123 17,211 15,508 15,892 14,686 14,987 14,314 14,296 14,188 13,931 13,305 12,992 13,461 13,302 12,636 12,052 12,559 12,294 11,131 9,698 9,534 9,183 8,637 7,599 7,776 7,439 7,473 7,393 8,118 8,580 7,867 7,841 7,659 7,723 7,757 7,937 7,876 8,256 8,053
Total Liabilities 76,890 77,267 73,063 71,662 66,904 68,270 66,870 66,200 66,096 67,973 66,284 67,171 65,479 66,052 65,285 65,348 65,179 66,277 64,089 64,817 64,112 62,946 61,747 62,789 61,655 63,824 63,000 64,309 63,248 64,429 62,319 64,045 62,742 63,196 62,863 64,431 63,889 61,491 60,687 62,997 62,554 49,089 49,814 50,738 54,236 58,104 46,191 32,108 31,524 30,633 28,290 27,899 27,233 26,396 24,026 24,618 23,550 22,864 22,295 22,426 21,467 21,246 21,061 21,509 20,406 19,997 19,964 19,973 18,568 16,077 16,072 15,681 14,926 14,612 15,018 14,337 13,771 13,442 13,992 14,500 13,617 13,339 13,114 12,873 12,844 12,608 12,682 12,686 12,569
Stockholders' Equity
Common Stock 5,852 7,181 6,223 6,143 6,043 6,941 5,584 5,517 5,663 6,403 6,698 6,478 6,546 6,560 6,523 6,464 6,281 6,398 6,352 6,293 6,215 6,230 6,204 6,120 6,046 5,935 5,951 5,822 5,804 5,827 5,715 5,746 5,640 5,593 5,460 5,316 5,222 5,277 5,266 5,277 5,247 3,636 3,482 3,439 3,347 3,086 2,759 1,118 1,101 1,059 1,030 1,033 1,034 1,035 1,044 1,045 1,051 1,048 1,049 1,049 1,049 1,045 1,044 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 867 0 0 0 0 0 0
Retained Earnings 67,997 65,448 64,460 62,160 61,356 59,352 57,920 55,455 54,108 51,250 49,888 47,094 45,457 43,514 43,304 41,263 40,820 39,282 38,361 36,934 36,697 35,167 35,508 34,841 35,504 34,437 34,477 32,981 32,435 30,427 30,384 28,657 27,929 26,301 28,530 27,471 27,584 27,377 29,450 29,167 29,517 20,133 19,941 19,711 19,579 19,694 16,877 9,146 8,862 8,450 8,136 7,978 7,849 7,785 7,606 7,402 7,367 7,205 7,175 6,959 6,875 6,617 6,608 6,389 6,328 6,123 6,037 5,701 5,456 5,026 4,759 4,375 4,298 3,904 4,067 3,374 3,136 2,840 2,677 2,465 2,261 1,961 1,763 1,621 1,411 1,234 1,202 714 677
Accumulated Other Comprehensive Income (1,881) (1,772) (1,723) (1,684) (2,205) (2,471) (1,717) (2,230) (2,093) (1,820) (2,232) (1,946) (1,746) (2,457) (3,353) (2,499) (1,710) (1,553) (1,440) (1,154) (1,290) (888) (1,448) (1,815) (2,012) (1,567) (1,783) (1,499) (1,588) (1,684) (1,568) (1,496) (1,016) (1,192) (1,233) (1,471) (1,827) (2,039) (1,527) (1,633) (1,493) (4,045) (3,886) (3,764) (4,906) (5,332) (2,481) (549) (500) (517) (591) (708) (742) (170) (73) (97) (54) 23 (16) 42 52 78 (19) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 169 0 0 0 0 0 0
Total Stockholders' Equity 18,660 21,318 20,658 18,661 18,067 19,491 19,397 17,130 17,639 19,494 20,489 18,235 18,149 15,869 15,591 15,727 17,065 16,484 16,665 16,833 16,573 15,331 14,949 13,734 14,197 14,588 14,952 14,837 15,437 14,039 15,850 14,879 15,206 13,697 15,627 14,009 13,588 13,137 15,645 15,232 15,676 9,185 8,942 8,740 7,275 6,234 8,608 6,610 6,334 6,078 5,930 5,639 5,472 5,978 5,877 5,659 5,675 5,600 5,545 5,458 5,496 5,465 5,398 5,246 5,313 5,131 5,170 5,133 5,009 4,679 4,686 4,516 4,366 4,116 4,726 3,785 3,641 3,388 3,494 3,378 3,181 2,911 2,799 2,572 2,353 2,199 2,143 1,673 1,598
Total Liabilities & Equity 95,550 98,585 93,722 90,325 84,974 87,764 86,273 83,336 83,741 87,476 86,791 85,427 83,649 81,943 80,907 81,107 82,276 82,793 80,784 81,697 80,729 78,324 76,741 76,566 75,894 78,453 77,993 79,187 78,726 78,509 78,209 78,987 78,014 76,962 78,560 78,510 77,549 74,704 76,402 78,300 78,307 58,793 58,836 60,038 62,092 64,440 54,799 38,718 37,858 36,711 34,220 33,538 32,705 32,374 29,903 30,277 29,225 28,464 27,840 27,884 26,963 26,711 26,459 26,755 25,719 25,128 25,134 25,106 23,577 20,756 20,758 20,197 19,292 18,728 19,744 18,122 17,412 16,830 17,486 17,878 16,798 16,250 15,913 15,445 15,197 14,807 14,825 14,359 14,167
Debt Metrics
Total Debt 43,066 43,330 41,534 40,748 38,588 38,409 37,901 37,311 37,853 37,878 37,139 37,699 37,038 36,993 36,525 36,962 37,584 37,789 36,784 37,585 38,180 37,163 38,126 38,622 37,093 37,657 37,906 36,278 35,782 36,553 35,773 36,169 35,315 34,878 35,924 37,192 38,282 36,783 37,110 38,323 38,363 29,153 30,170 31,631 33,296 34,891 27,455 21,414 20,910 20,284 18,136 18,256 17,861 17,759 12,928 16,754 16,036 15,067 14,660 14,736 13,923 13,802 13,595 14,002 12,929 12,452 12,231 12,251 10,547 8,568 8,831 8,382 7,793 7,459 7,445 6,930 6,546 6,400 6,762 6,903 5,987 5,903 5,680 5,539 5,031 5,428 5,738 5,789 5,712
Net Debt 38,994 33,350 33,996 35,306 35,026 31,520 32,263 32,970 32,894 30,900 30,594 30,312 30,249 29,989 30,179 30,948 31,058 28,535 27,338 26,518 26,829 27,811 28,807 29,831 29,963 37,657 37,906 36,278 35,782 28,663 27,727 36,169 35,315 34,878 35,924 37,192 38,282 36,783 37,110 38,323 38,363 25,556 26,632 26,764 29,305 31,325 26,545 20,947 20,542 19,942 17,827 17,929 17,552 17,314 12,696 16,482 15,789 14,733 14,262 14,267 13,487 13,254 13,312 13,677 12,685 12,092 11,996 12,030 10,241 8,276 8,044 7,825 7,275 6,972 6,686 6,297 5,941 5,762 5,865 6,207 5,522 5,484 5,347 5,366 4,967 5,345 5,652 5,712 5,626
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 2,549 2,401 2,299 2,179 2,003 2,790 2,463 2,681 2,854 2,673 2,793 2,924 1,942 1,454 2,040 1,673 1,537 2,120 1,428 1,414 1,531 780 671 459 1,093 1,097 1,494 1,619 1,884 1,049 1,727 1,705 1,667 (1,299) 1,061 803 194 (1,167) 283 553 272 667 760 581 566 420 349 222 399 129 305 213 200 80 167 205 271 264 216 315 258 239 219 283 205 301 336 446 430 451 385 435 394 381 310 374 296 300 213 323 300 279 244 240 192 148 432 67 34
Depreciation & Amortization 595 598 570 554 540 555 543 531 524 545 525 542 532 558 551 553 557 586 593 587 586 617 593 608 614 644 645 647 641 701 698 686 681 724 723 720 710 779 761 754 740 369 372 372 353 350 339 337 339 332 310 312 302 296 297 290 293 253 255 257 257 243 235 235 232 213 223 225 204 173 189 187 189 173 175 174 174 165 169 174 174 174 170 170 169 165 169 168 166
Stock-Based Compensation (97) 41 71 85 45 52 52 75 44 30 60 74 44 31 55 67 40 31 58 69 42 33 55 67 47 35 57 68 45 33 52 62 50 41 48 68 49 31 41 45 101 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (1,875) 508 347 141 (1,294) 151 643 (450) (1,203) 856 736 (42) (1,399) (133) (127) 90 (1,630) (513) (14) 74 (194) 192 154 114 (877) 149 (1,578) (7) (1,481) (758) (1,217) (541) (1,561) (552) (649) 671 336 668 (145) 908 (791) 278 (474) (706) (3,017) (2,936) 32 (221) 84 (260) 216 80 76 (330) (335) 229 (133) (107) (34) 680 (675) 384 623 366 (494) 310 26 (108) (428) (169) 190 65 (295) (89) 106 0 (304) 136 224 44 (63) 42 53 137 (279) 518 (208) 14 (86)
Other Non-Cash Items 164 (122) 40 235 33 137 64 263 (113) 43 39 (85) 645 857 28 34 (92) (750) 64 15 (146) 486 267 195 233 509 130 284 43 1,058 132 236 98 1,627 58 120 253 1,334 231 54 168 (180) 159 (68) (296) (37) (61) 92 (63) 17 175 27 47 57 355 (4) 36 6 20 29 65 (42) 50 (204) (4) (390) 385 (297) (98) (21) 55 (184) 52 29 (133) 13 101 137 (42) (73) 9 91 11 (6) 70 (70) (61) (45) (6)
Operating Cash Flow 1,870 3,591 3,737 3,122 1,289 3,393 3,569 3,021 2,052 4,003 4,060 3,249 1,573 2,739 2,481 2,233 313 1,412 1,740 2,118 1,928 2,072 1,734 1,391 1,130 2,434 769 2,588 1,121 2,083 1,392 2,148 935 541 1,241 2,382 1,542 1,645 1,171 2,314 490 1,134 817 179 (2,394) (2,203) 659 430 759 218 1,006 632 625 103 484 720 467 416 457 1,281 (95) 824 1,127 680 (61) 434 970 266 108 434 819 503 340 494 458 561 267 738 564 468 420 586 478 541 152 761 332 204 108
Investing Activities
Capital Expenditure (323) (444) 852 (955) (918) (1,037) (723) (719) (736) (854) (781) (707) (750) (708) (617) (595) (679) (785) (587) (596) (504) (624) (493) (450) (548) (813) (631) (678) (547) (787) (601) (771) (757) (699) (513) (615) (509) (728) (595) (865) (740) (664) (607) (403) (482) (346) (632) (373) (413) (347) (513) (405) (472) (383) 1,763 (2,923) (476) (516) (302) (343) (227) (536) (289) (243) (212) (510) (281) 1,458 (1,936) (471) (260) (222) (153) (293) (197) (127) (116) (423) (19) (120) (117) (566) 123 (130) (121) (246) (155) (142) (89)
Acquisitions (788) (21) (19) (19) 12 6 (6) (103) 42 10 0 0 (14) 0 0 1 0 13 (5) 0 28 12 0 13 0 38 3 (1) (2) 2 2 0 12 7 2 91 0 0 0 (26) (12) (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (467) (639) (671) (441) (179) (605) (369) (280) (275) (724) (2,658) (557) (541) (722) (289) (708) (1,446) (873) (485) (364) (534) (144) (187) (203) (215) (168) (185) (137) (109) (124) (108) (129) (537) (466) (413) (145) (83) (171) (130) (207) (74) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (221) (1,103) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 361 559 629 405 923 314 267 707 1,867 1,144 284 224 239 303 876 633 571 361 148 150 126 106 88 83 68 248 111 113 57 79 195 79 89 501 244 98 89 390 109 146 49 0 4,302 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (558) (1,335) (1,556) (877) (13) (327) (209) (327) 60 (130) (280) (159) 383 284 220 94 241 292 554 (430) 155 (168) 162 (140) 177 (212) 183 (396) 142 (323) (110) (680) (19) (201) 211 338 206 65 228 (156) (152) (477) (4,271) (541) 2,370 1,735 (437) (338) (2) (19) (288) 523 (854) (316) (2,424) 2,965 (584) (42) (129) (1,524) 330 (173) (194) (1,270) (103) 129 (186) (3,204) 1,274 97 (466) (719) (347) (283) (465) (652) (241) (19) (8) (930) (113) (7) (488) (143) (180) (362) (338) (205) (94)
Investing Cash Flow (1,775) (1,880) (1,320) (1,332) (175) (1,649) (1,040) (722) 958 (554) (3,435) (1,199) (683) (843) 190 (575) (1,313) (992) (375) (1,240) (477) (526) (216) (530) (213) (574) (275) (898) (181) (798) (346) (1,268) (800) (526) (274) (66) (93) (142) (161) (885) (572) (1,145) (576) (943) 1,888 1,389 (1,069) (711) (415) (366) (801) 118 (1,326) (699) (661) 42 (1,060) (558) (431) (1,867) 103 (709) (483) (1,513) (315) (381) (467) (1,967) (1,765) (374) (726) (941) (500) (576) (662) (779) (357) (442) (27) (1,050) (230) (573) (365) (273) (301) (608) (242) (347) (183)
Financing Activities
Net Debt Issuance (122) (2,355) 744 1,709 (98) 930 248 (490) 111 419 (415) 651 (61) 378 (246) (512) (272) 1,046 (765) (645) 1,045 (1,101) (562) 1,418 (365) (353) 1,756 427 (424) 874 (392) 1,075 283 (1,090) (1,428) (1,220) 1,355 (27) (1,184) (90) (9) 465 503 1,151 681 1,115 799 459 (301) 295 (222) (496) 795 619 478 (744) 776 241 106 863 203 321 (529) 1,091 472 232 (95) 1,837 1,851 (221) 484 623 419 (57) 518 385 161 (355) (143) 1,215 (270) 231 117 (123) 186 0 (49) 132 55
Stock Repurchased (5,028) (340) (303) (823) (3,724) (640) (782) (1,820) (4,455) (2,766) (380) (1,429) (400) (921) (1,385) (1,104) (820) (1,046) (1,371) (251) 0 0 0 (87) (1,043) (764) (1,178) (1,354) (751) (1,798) (750) (750) (500) 0 0 19 0 0 0 0 0 (200) (482) (357) 0 (250) (405) 0 0 0 0 0 0 0 0 (10) (14) (15) (71) (112) (211) (42) (69) (63) (78) (76) (291) (114) (86) (236) (252) (85) (133) (89) (111) (72) (31) (190) (114) (375) (33) (124) (39) (30) (47) 0 0 0 0
Dividends Paid (703) (706) (707) (662) (674) (680) (683) (635) (648) (662) (663) (618) (620) (620) (633) (592) (595) (599) (607) (564) (562) (560) (558) (558) (567) (568) (578) (492) (494) (507) (511) (466) (467) (464) (461) (454) (452) (451) (450) (450) (448) (169) (139) (141) (127) (127) (130) (121) (120) (120) (120) (120) (121) (120) (120) (120) (117) (117) (117) (113) (115) (115) (116) (107) (107) (107) (110) (91) (92) (93) (94) (75) (76) (76) (77) (68) (68) (70) (69) (50) (50) (30) (31) (15) (15) (16) (15) (15) (15)
Other Financing Activities 0 4,113 0 (73) 0 (41) 0 0 0 0 0 0 0 (9) (1) 0 0 0 (2) 0 (2) 0 0 0 (1) (1) 0 (1) (1) (22) (28) (1) (3) (2) (1) 0 (6) 16 (8) 1 (1) 0 0 0 0 0 0 0 18 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (165) 0 0 0
Financing Cash Flow (5,950) 751 (305) 151 (4,496) (426) (1,210) (2,929) (5,000) (3,033) (1,400) (1,393) (1,106) (1,123) (2,267) (2,176) (1,715) (586) (2,746) (1,402) 546 (1,542) (1,000) 786 (1,999) (1,507) 20 (1,376) (1,675) (1,432) (1,645) (35) (538) (1,343) (1,620) (1,572) 878 (431) (1,649) (541) (503) 230 6 807 592 807 340 401 (403) 175 (340) (616) 676 505 359 (873) 648 110 (82) 638 (123) 165 (712) 921 287 50 (495) 1,634 1,675 (549) 141 467 213 (220) 333 246 66 (615) (326) 790 (57) 77 46 (165) 134 (181) (52) 131 41
Cash Position
Net Change in Cash (5,910) 2,442 2,102 1,880 (3,328) 1,251 1,297 (617) (2,020) 425 (834) 598 (217) 658 332 (509) (2,731) (186) (1,393) (509) 1,985 47 528 1,661 (1,162) 356 477 301 (732) (156) (648) 767 (393) (1,330) (626) 748 2,336 1,055 (651) 878 (574) 218 232 72 99 26 (55) 88 (18) 18 (136) 160 (17) (98) 168 (40) 25 (64) (71) 33 (112) 265 (42) 81 (116) 0 0 (306) 14 0 0 0 (487) 487 0 0 (638) 0 0 0 (419) (333) 333 0 (83) 0 86 0 (119)
Cash at Beginning 9,986 7,544 5,442 3,562 6,896 5,645 4,348 4,965 6,985 6,560 7,394 6,796 7,013 6,355 6,023 6,532 9,263 9,449 10,842 11,351 9,366 9,319 8,791 7,130 8,292 7,936 7,459 7,158 7,890 8,046 8,694 7,927 8,320 9,591 10,283 9,535 7,199 6,113 6,764 5,886 6,460 749 517 445 368 342 397 309 327 309 445 285 302 400 232 272 247 398 469 436 548 283 325 244 360 0 0 306 292 0 0 0 487 0 0 0 638 0 0 0 419 333 0 0 83 0 0 0 119
Cash at End 4,076 9,986 7,544 5,442 3,568 6,896 5,645 4,348 4,965 6,985 6,560 7,394 6,796 7,013 6,355 6,023 6,532 9,263 9,449 10,842 11,351 9,366 9,319 8,791 7,130 8,292 7,936 7,459 7,158 7,890 8,046 8,694 7,927 8,261 9,657 10,283 9,535 7,168 6,113 6,764 5,886 967 749 517 467 368 342 397 309 327 309 445 285 302 400 232 272 334 398 469 436 548 283 325 244 0 0 0 306 0 0 0 0 487 0 0 0 0 0 0 0 0 333 0 0 0 86 0 0
Free Cash Flow 1,547 3,147 4,589 2,167 371 2,356 2,846 2,302 1,316 3,149 3,279 2,542 823 2,031 1,864 1,638 (366) 627 1,153 1,522 1,424 1,448 1,241 941 582 1,621 138 1,910 574 1,296 791 1,377 178 (158) 728 1,767 1,033 917 576 1,449 (250) 470 210 (224) (2,876) (2,549) 27 57 346 (129) 493 227 153 (280) 2,247 (2,203) (9) (100) 155 938 (322) 288 838 437 (273) (76) 689 1,724 (1,828) (37) 559 281 187 201 261 434 151 315 545 348 303 20 601 411 31 515 177 62 19
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 17,415 19,133 17,638 16,569 14,249 16,215 16,106 16,689 15,799 17,070 16,810 17,318 15,862 16,597 14,994 14,247 13,589 13,798 12,397 12,889 11,887 11,235 9,881 9,997 10,635 13,144 12,758 14,432 13,466 14,342 13,510 14,011 12,859 12,896 11,413 11,331 9,822 9,574 9,160 10,342 9,461 11,030 10,962 12,317 12,702 14,244 13,549 14,150 13,241 14,402 13,423 14,621 13,210 16,075 16,445 17,374 15,981 17,243 15,716 14,230 12,949 12,807 11,134 10,409 8,238 7,898 7,298 7,975 9,225 12,923 12,981 13,624 11,796 12,144 11,442 11,356 10,016 11,003 10,517 10,605 9,392 9,663 8,977 9,360 8,339 8,571 7,659 7,583 6,480 6,465 5,932 5,377 5,291 5,096 5,488 4,810 5,114 4,779 5,363 4,919
Gross Profit 6,109 5,475 5,965 5,461 4,958 5,556 5,704 6,225 5,839 5,766 5,947 6,008 5,542 4,795 4,641 4,152 3,924 3,692 3,669 3,892 3,750 3,323 2,825 2,735 3,194 3,844 4,000 4,299 4,273 4,166 4,303 4,407 4,127 3,845 3,572 3,353 2,862 1,884 2,486 2,775 2,487 2,700 2,948 3,495 3,792 3,591 3,758 3,800 3,644 3,686 3,471 3,663 3,382 3,379 4,609 4,896 4,540 4,480 4,261 3,927 3,892 3,458 3,382 3,037 2,344 2,046 2,043 2,223 2,198 2,857 3,277 3,588 3,187 3,224 3,172 2,777 2,609 3,032 2,907 2,933 2,608 2,757 2,430 2,286 1,954 2,519 1,914 2,020 1,591 1,459 1,473 1,303 1,334 1,185 1,460 1,279 717 1,563 1,780 1,618
Operating Income 3,085 2,660 3,052 2,919 2,579 2,924 3,147 3,482 3,519 3,134 3,449 3,652 2,731 1,680 2,425 1,944 1,855 1,611 1,664 1,789 1,814 1,380 985 784 1,404 1,850 2,020 2,213 2,207 1,883 2,135 2,167 2,108 1,161 1,509 1,184 380 (1,262) 481 785 494 (114) 925 1,333 1,702 1,063 1,392 1,475 1,398 1,452 1,401 1,557 1,218 1,038 2,596 2,616 2,323 1,960 1,759 1,601 1,833 1,291 1,187 977 508 128 277 347 (175) 457 1,173 1,525 1,293 1,255 1,313 1,213 1,140 1,146 1,078 1,479 1,218 1,067 940 1,021 756 696 663 770 568 499 582 427 393 203 458 491 640 497 719 569
Net Income 2,549 2,401 2,290 2,179 2,003 2,791 2,464 2,681 2,856 2,676 2,794 2,922 1,943 1,454 2,041 1,673 1,537 2,120 1,426 1,413 1,530 780 668 458 1,092 1,098 1,494 1,620 1,881 1,048 1,727 1,707 1,665 (1,299) 1,059 802 192 (1,171) 283 550 271 (87) 559 802 1,245 757 1,017 999 922 1,003 946 960 880 697 1,699 1,699 1,586 1,547 1,141 1,015 1,225 968 792 707 233 232 404 371 (112) 661 868 1,106 922 975 927 823 816 882 769 1,046 840 846 667 760 581 551 498 566 420 349 399 305 200 167 271 162 264 216 315 258
EPS (Diluted) 5.47 5.12 4.89 4.62 4.20 5.78 5.06 5.48 5.75 5.28 5.45 5.67 3.74 2.79 3.87 3.13 2.86 3.91 2.60 2.56 2.77 1.42 1.22 0.84 1.98 1.97 2.66 2.83 3.25 1.78 2.88 2.82 2.74 -2.18 1.77 1.35 0.32 -2.00 0.48 0.93 0.46 -0.15 0.62 1.16 1.81 1.23 1.63 1.57 1.44 1.54 1.45 1.45 1.31 1.04 2.54 2.54 2.37 2.38 1.71 1.52 1.84 1.51 1.22 1.09 0.36 0.37 0.64 0.60 -0.19 1.10 1.39 1.74 1.45 1.58 1.40 1.24 1.23 1.37 1.14 1.52 1.20 1.25 0.94 1.08 0.81 1.61 0.70 0.80 0.60 0.51 0.57 0.44 0.29 0.24 0.39 0.24 0.38 0.31 0.45 0.37
Balance Sheet
Cash & Equivalents 4,072 9,980 7,538 5,442 3,562 6,889 5,638 4,341 4,959 6,978 6,545 7,387 6,789 7,004 6,346 6,014 6,526 9,254 9,446 11,067 11,351 9,352 9,319 8,791 7,130 8,292 7,936 7,459 7,158 7,890 8,046 0 0 0 0 0 0 0 0 0 0 3,597 3,538 4,867 3,991 3,566 910 467 368 342 309 327 309 445 232 272 247 334 398 469 436 548 283 325 244 360 235 221 306 292 787 557 518 487 759 633 605 638 897 696 465 419 333 173 64 83 86 77 86
Total Assets 95,550 98,585 93,722 90,325 84,974 87,764 86,273 83,336 83,741 87,476 86,791 85,427 83,649 81,943 80,907 81,107 82,276 82,793 80,784 81,697 80,729 78,324 76,741 76,566 75,894 78,453 77,993 79,187 78,726 78,509 78,209 78,987 78,014 76,962 78,560 78,510 77,549 74,704 76,402 78,300 78,307 58,793 58,836 60,038 62,092 64,440 54,799 38,718 37,858 36,711 34,220 33,538 32,705 32,374 29,903 30,277 29,225 28,464 27,840 27,884 26,963 26,711 26,459 26,755 25,719 25,128 25,134 25,106 23,577 20,756 20,758 20,197 19,292 18,728 19,744 18,122 17,412 16,830 17,486 17,878 16,798 16,250 15,913 15,445 15,197 14,807 14,825 14,359 14,167
Total Debt 43,066 43,330 41,534 40,748 38,588 38,409 37,901 37,311 37,853 37,878 37,139 37,699 37,038 36,993 36,525 36,962 37,584 37,789 36,784 37,585 38,180 37,163 38,126 38,622 37,093 37,657 37,906 36,278 35,782 36,553 35,773 36,169 35,315 34,878 35,924 37,192 38,282 36,783 37,110 38,323 38,363 29,153 30,170 31,631 33,296 34,891 27,455 21,414 20,910 20,284 18,136 18,256 17,861 17,759 12,928 16,754 16,036 15,067 14,660 14,736 13,923 13,802 13,595 14,002 12,929 12,452 12,231 12,251 10,547 8,568 8,831 8,382 7,793 7,459 7,445 6,930 6,546 6,400 6,762 6,903 5,987 5,903 5,680 5,539 5,031 5,428 5,738 5,789 5,712
Stockholders' Equity 18,660 21,318 20,658 18,661 18,067 19,491 19,397 17,130 17,639 19,494 20,489 18,235 18,149 15,869 15,591 15,727 17,065 16,484 16,665 16,833 16,573 15,331 14,949 13,734 14,197 14,588 14,952 14,837 15,437 14,039 15,850 14,879 15,206 13,697 15,627 14,009 13,588 13,137 15,645 15,232 15,676 9,185 8,942 8,740 7,275 6,234 8,608 6,610 6,334 6,078 5,930 5,639 5,472 5,978 5,877 5,659 5,675 5,600 5,545 5,458 5,496 5,465 5,398 5,246 5,313 5,131 5,170 5,133 5,009 4,679 4,686 4,516 4,366 4,116 4,726 3,785 3,641 3,388 3,494 3,378 3,181 2,911 2,799 2,572 2,353 2,199 2,143 1,673 1,598
Cash Flow
Operating Cash Flow 1,870 3,591 3,737 3,122 1,289 3,393 3,569 3,021 2,052 4,003 4,060 3,249 1,573 2,739 2,481 2,233 313 1,412 1,740 2,118 1,928 2,072 1,734 1,391 1,130 2,434 769 2,588 1,121 2,083 1,392 2,148 935 541 1,241 2,382 1,542 1,645 1,171 2,314 490 1,134 817 179 (2,394) (2,203) 659 430 759 218 1,006 632 625 103 484 720 467 416 457 1,281 (95) 824 1,127 680 (61) 434 970 266 108 434 819 503 340 494 458 561 267 738 564 468 420 586 478 541 152 761 332 204 108
Capital Expenditure (323) (444) 852 (955) (918) (1,037) (723) (719) (736) (854) (781) (707) (750) (708) (617) (595) (679) (785) (587) (596) (504) (624) (493) (450) (548) (813) (631) (678) (547) (787) (601) (771) (757) (699) (513) (615) (509) (728) (595) (865) (740) (664) (607) (403) (482) (346) (632) (373) (413) (347) (513) (405) (472) (383) 1,763 (2,923) (476) (516) (302) (343) (227) (536) (289) (243) (212) (510) (281) 1,458 (1,936) (471) (260) (222) (153) (293) (197) (127) (116) (423) (19) (120) (117) (566) 123 (130) (121) (246) (155) (142) (89)
Free Cash Flow 1,547 3,147 4,589 2,167 371 2,356 2,846 2,302 1,316 3,149 3,279 2,542 823 2,031 1,864 1,638 (366) 627 1,153 1,522 1,424 1,448 1,241 941 582 1,621 138 1,910 574 1,296 791 1,377 178 (158) 728 1,767 1,033 917 576 1,449 (250) 470 210 (224) (2,876) (2,549) 27 57 346 (129) 493 227 153 (280) 2,247 (2,203) (9) (100) 155 938 (322) 288 838 437 (273) (76) 689 1,724 (1,828) (37) 559 281 187 201 261 434 151 315 545 348 303 20 601 411 31 515 177 62 19