Expedia Group, Inc. logo EXPE - Expedia Group, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 34
HOLD 39
SELL 2
STRONG
SELL
0
| PRICE TARGET: $271.47 DETAILS
HIGH: $330.00
LOW: $240.00
MEDIAN: $260.00
CONSENSUS: $271.47
UPSIDE: 26.47%
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
Revenue
Revenue 3,426 3,547 4,412 3,786 2,988 3,184 4,060 3,558 2,889 2,887 3,929 3,358 2,665 2,618 3,619 3,181 2,249 2,279 2,962 2,111 1,246 920 1,504 566 2,209 2,747 3,558 3,153 2,609 2,559 3,276 2,880 2,508 2,319.2 2,965.8 2,586.1 2,188.7 2,092.8 2,580.9 2,195.9 1,904.0 1,698.6 1,937.8 1,662.6 1,373.4 1,356.0 1,712.5 1,494.6 1,200.4 1,152.0 1,401.9 1,205.0 1,012.4 974.9 1,199.0 1,040.0 816.5 462.4 1,140.8 1,023.6 822.2 808.4 987.9 834.0 717.9 697.5 852.4 769.8 635.7 620.8 833.3 795.0 687.8 665.3 759.6 689.9 550.5 531.3 613.9 598.5 493.9 494.7 584.7 555.0 485.0 439.0 503.8
Cost of Revenue 377 346 376 377 357 335 388 362 358 340 412 407 414 412 455 419 371 395 442 374 311 287 363 381 629 559 569 522 513 476 504 498 487 437.3 458.6 439.0 421.7 370.8 416.9 406.4 402.8 338.5 328.1 321.1 321.9 284.3 299.7 300.5 294.6 248.5 276.3 262.6 250.6 225.1 243.6 229.7 200.1 175.2 209.7 198.5 177.8 176.2 190.0 168.6 158.0 145.5 169.4 148.8 143.5 136.9 177.0 168.9 151.9 146.4 151.1 143.6 121.3 121.8 133.1 128.4 119.3 110.2 128.1 129.5 114.1 118.7 104.7
Gross Profit 3,049 3,201 4,036 3,409 2,631 2,849 3,672 3,196 2,531 2,547 3,517 2,951 2,251 2,206 3,164 2,762 1,878 1,884 2,520 1,737 935 633 1,141 185 1,580 2,188 2,989 2,631 2,096 2,083 2,772 2,382 2,021 1,881.9 2,507.3 2,147.0 1,767.0 1,722.0 2,164.0 1,789.5 1,501.1 1,360.1 1,609.7 1,341.5 1,051.5 1,071.7 1,412.8 1,194.1 905.8 903.5 1,125.5 942.4 761.8 749.7 955.4 810.2 616.4 287.2 931.2 825.1 644.3 632.2 797.8 665.4 559.9 552.0 683.0 621.0 492.2 483.9 656.3 626.2 535.9 518.9 608.5 546.3 429.2 409.5 480.8 470.0 374.6 384.5 456.6 425.5 370.9 320.2 399.1
Operating Expenses
R&D Expenses 324 322 310 325 320 322 320 331 341 357 340 344 317 317 310 284 270 274 277 276 247 223 242 271 315 459 440 435 429 417 404 400 396 372.2 350.1 342.5 322.0 324.1 301.4 317.9 293.3 250.6 202.7 186.5 190.5 181.3 172.8 169.1 163.0 155.0 143.8 140.7 138.3 134.3 125.6 116.0 108.9 50.8 116.9 110.2 103.2 94.9 93.3 87.4 86.8 85.5 78.6 77.9 77.7 52.4 51.5 52.7 52.3 51.3 47.5 41.5 42.3 35.5 36.0 33.3 35.5 112.3 28.7 0 0 0 0
SG&A Expenses 2,254 2,111 2,373 2,330 2,136 1,959 2,281 2,170 2,022 1,762 2,050 1,964 1,858 1,562 1,856 1,905 1,525 1,227 1,496 1,383 820 635 657 440 1,390 1,508 1,877 1,871 1,726 1,420 1,703 1,737 1,715 1,321.2 1,602.0 1,622.4 1,428.2 1,142.5 1,370.3 1,347.5 1,188.4 974.9 1,073.5 1,026.9 879.8 743.0 920.8 846.2 723.7 584.7 717.6 682.4 588.5 492.1 593.2 531.1 455.6 384.2 516.3 480.9 423.9 370.8 419.6 375.9 351.9 316.9 358.0 338.9 303.8 307.6 389.4 384.2 375.5 321.0 362.7 331.6 340.7 250.5 281.2 269.7 309.9 139.3 273.1 293.9 272.5 145.4 239.5
Other Expenses 228 220 225 223 219 352 309 244 278 324 520 200 197 199 251 228 218 220 223 210 237 238 355 323 1,169 61 (25) 52 20 (9) (47) (90) 36 5.2 (31.6) (12.7) (21.7) 5.4 (9.1) 0.1 (28.2) (1.3) 26.3 (17.0) 11.5 15.2 10.2 (7.2) (0.5) (1.2) (11.3) 7.5 2.2 (1.0) 9.5 8.6 3.1 0 8.0 7.0 8.0 11.6 8.1 8.3 9.0 3.2 9.6 83.5 9.1 0 0 0 0 0 0 0 0 0 0 0 0 (67.4) 0 35.3 32.1 0 79.3
Operating Expenses 2,806 2,653 2,908 2,878 2,675 2,633 2,910 2,745 2,641 2,443 2,910 2,508 2,372 2,078 2,417 2,417 2,013 1,721 1,996 1,869 1,304 1,096 1,254 1,034 2,874 2,028 2,367 2,358 2,207 1,905 2,178 2,209 2,183 1,764.9 2,023.1 2,031.2 1,816.9 1,534.6 1,748.9 1,749.7 1,571.7 1,305.8 1,307.6 1,240.3 1,095.3 948.7 1,112.1 1,033.5 905.2 761.5 880.0 841.9 739.4 636.6 728.3 655.8 567.7 433.9 641.1 598.1 535.0 477.4 521.0 471.7 447.7 405.6 446.2 500.3 390.5 377.0 456.8 455.6 445.9 390.6 428.8 392.7 361.9 310.0 391.6 333.8 348.3 298.8 307.9 329.1 304.6 250.2 318.8
Operating Income
Operating Income 243 548 1,128 531 (44) 216 762 451 (110) 104 607 443 (121) 128 747 345 (135) 163 524 (132) (369) (463) (113) (849) (1,294) 160 609 265 (131) 96 672 111 (165) 113.5 481.7 102.8 (72.8) 147.2 386.2 25.7 (102.4) 29.5 345.0 90.1 (51.0) 94.7 296.8 129.2 (3.0) 138.7 238.7 94.3 (105.6) 1.5 227.1 154.4 48.7 (145.0) 289.4 227.0 108.2 149.2 276.8 193.7 112.2 140.9 223.0 114.6 92.9 (2,889.1) 199.6 170.5 90.0 128.3 179.8 153.6 67.3 99.5 89.3 136.3 26.2 85.7 148.6 96.4 66.3 70.0 80.3
Interest Expense 111 121 62 58 58 62 61 61 62 61 62 61 61 60 63 73 81 84 86 83 98 102 113 95 50 53 40 39 41 41 47 51 51 52.1 44.0 43 43.0 42.9 43.4 42.9 44.0 36.4 33.3 28.5 28.0 28.4 25.6 22.3 21.8 22.0 22.0 21.6 21.7 22.3 22.1 22.0 21.4 (3.8) 32.0 31.2 31.3 32.9 27.0 20.2 21.2 20.6 21.2 20.8 21.6 0 20.1 13.3 15.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 60 58 69 74 54 50 67 67 51 45 56 63 43 27 20 10 3 4 2 1 2 2 3 3 10 14 17 17 11 10 34 16 11 9.3 9.3 10 6.3 5.4 5.8 5.0 3.6 2.3 4.2 4.7 5.5 6.5 8.1 6.9 5.8 4.9 6.6 7.3 5.9 5.8 7.8 7.1 5.7 5.4 5.9 5.5 3.4 2.9 2.5 1.2 0.6 1.0 1.2 1.4 2.7 0 7.4 9.1 8.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 364 595 1,418 704 60 609 1,146 754 117 440 714 724 192 442 952 143 70 754 752 64 (443) (6) 109 (626) (1,200) 399 651 502 128 376 901 278 121 364.8 686.6 316.7 16.8 356.1 583.6 230.9 129.7 206.6 451.1 115.8 159.1 211.4 401.1 212.7 82.9 223.1 312.4 179.0 (36.1) 63.9 279.8 204.2 86.0 (122.3) 268.0 181.3 154.0 190.6 304.4 234.4 148.0 189.4 254.9 131.1 122.4 (2,850.8) 234.5 226.3 147.4 181.3 179.8 153.6 67.3 159.2 89.3 136.3 26.2 145.5 148.6 96.4 97.4 174.9 159.6
EBIT 136 375 1,193 481 (159) 397 935 549 (93) 232 506 525 0 243 753 (54) (127) 555 551 (141) (652) (393) (111) (858) (1,429) 173 601 274 (100) 97 659 37 (118) 128.0 459.4 99.3 (88) 158.0 382.9 30.7 (121.9) 30.5 375.4 586.6 59.6 116.4 315.1 128.9 2.3 142.5 234.0 109.1 (97.5) 6.3 226.4 156.9 48.2 (143.5) 225.7 143.8 31.3 147.2 265.6 195.7 113.3 137.2 219.4 97.0 88.7 (2,902.8) 183.8 174.5 94.4 128.3 179.8 153.6 67.3 99.5 89.3 136.3 26.2 85.7 148.6 96.4 66.3 70.0 80.3
Income Before Tax 25 254 1,131 423 (217) 335 874 488 (155) 171 444 464 (61) 183 690 (127) (208) 471 465 (224) (750) (495) (224) (953) (1,479) 120 561 235 (141) 56 612 (14) (169) 75.9 415.4 56.7 (131.3) 115.1 339.6 (12.2) (170.9) (5.9) 342.2 558.1 31.7 88.0 289.5 106.6 (19.5) 120.5 212.1 87.4 (119.3) (16.0) 204.3 134.9 26.8 (139.6) 271.2 196.3 74.2 114.3 238.6 175.5 92.1 116.6 198.2 76.2 67.0 (2,918.3) 163.7 161.2 78.7 114.0 164.8 160.2 57.9 103.0 97.1 153.3 31.6 66.6 150.6 119.6 77.2 72.6 95.0
Income Tax Expense 37 42 167 101 (20) 34 190 113 (19) 35 139 77 79 8 214 58 (85) 76 87 (47) (169) (104) (24) (213) (82) 42 154 48 (41) 31 81 (5) (20) 23.0 66.1 3.0 (46.7) 30.2 60.6 (18.2) (49.1) 7.0 66.0 131.2 (0.9) 31.7 38.9 20.8 0.3 26.5 45.4 24.4 (11.9) (23.1) 36.1 28.8 5.2 (62.5) 60.8 55.5 22.0 42.7 60.6 60.2 31.5 12.4 80.4 34.3 27.3 (158.2) 69.2 65.9 29.0 49.9 65.5 64.1 23.6 35.9 37.7 56.2 9.7 42.1 69.0 45.5 29.4 28.6 37.5
Net Income (6) 205 959 330 (200) 299 684 386 (135) 132 425 385 (145) 177 482 (185) (122) 386 376 (172) (578) (383) (192) (736) (1,301) 76 409 183 (103) 17 525 1 (137) 55.2 352.2 56.7 (86.1) 79.5 279.3 31.6 (121.9) (12.5) 283.2 449.6 44.1 66.0 257.1 89.4 (14.3) 94.7 170.9 71.5 (104.2) 6.7 171.5 105.2 (3.3) 70.3 209.5 140.4 52.0 71.3 176.6 114.3 59.4 102.2 117.0 40.9 39.4 (2,760.0) 94.8 96.1 51.3 65.4 99.6 96.1 34.8 67.1 59.0 95.5 23.3 25.2 82.0 73.4 48.0 44.1 58.1
Per Share Data
EPS (Basic) -0.05 1.67 7.76 2.61 -1.56 2.33 5.27 2.93 -1.00 0.96 2.99 2.62 -0.92 1.14 3.05 -1.18 -0.79 1.80 2.40 -1.15 -3.98 -2.69 -1.36 -5.22 -9.24 0.52 2.77 1.23 -0.70 0.11 3.51 0.01 -0.91 0.36 2.32 0.37 -0.57 0.53 1.86 0.21 -0.81 -0.10 2.18 3.49 0.35 0.52 2.01 0.69 -0.11 0.72 1.25 0.52 -0.77 0.05 1.26 0.79 -0.02 0.52 1.54 1.03 0.38 0.51 1.26 0.80 0.42 0.71 0.82 0.28 0.28 -19.26 0.66 0.68 0.36 0.45 0.68 0.64 0.22 0.41 0.36 0.56 0.14 0.15 0.48 0.44 0.28 0.26 0.34
EPS (Diluted) -0.05 1.60 7.33 2.48 -1.56 2.20 5.04 2.80 -1.00 0.91 2.88 2.54 -0.92 1.11 2.98 -1.18 -0.79 1.70 2.26 -1.15 -3.98 -2.69 -1.36 -5.22 -9.24 0.52 2.71 1.21 -0.70 0.11 3.43 0.01 -0.90 0.35 2.23 0.36 -0.57 0.51 1.81 0.21 -0.81 -0.09 2.12 3.38 0.34 0.50 1.94 0.67 -0.11 0.70 1.22 0.51 -0.77 0.05 1.21 0.76 -0.02 0.52 1.50 1.01 0.37 0.51 1.24 0.80 0.40 0.71 0.80 0.28 0.28 -19.26 0.66 0.66 0.34 0.45 0.64 0.60 0.22 0.41 0.34 0.54 0.12 0.15 0.46 0.44 0.28 0.26 0.34
Shares Outstanding 121.8 122.7 123.7 126.5 128.6 131.4 129.8 131.9 135.5 138.2 142.2 147.2 152.5 155.4 157.6 157.3 156.3 153.5 151.0 149.0 145.2 142.4 141.3 141.0 140.8 144.6 147.2 149.0 147.9 148.5 149.5 150.1 150.5 152.3 152.1 151.6 150.5 150.6 150.2 149.6 150.8 127.9 130.0 128.9 127.6 127.7 127.9 129.5 130.0 131.3 136.4 136.4 135.4 135.0 136.0 132.6 133.2 133.7 136.2 136.8 136.9 138.0 140.6 142.0 144.3 144.2 144.2 144.1 143.7 143.3 143.3 143.0 142.6 141.8 146.1 151.5 153.9 165.1 165.2 173.0 172.9 168.2 168.2 167.8 167.8 167.8 167.8
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
Current Assets
Cash & Cash Equivalents 7,789 6,976 7,262 6,304 5,715 4,183 4,722 6,242 5,686 4,225 5,056 6,274 5,904 4,096 4,588 5,568 5,552 4,111 5,031 5,464 4,291 3,363 4,353 5,053 3,905 3,315 3,797 4,258 3,708 2,443 2,920 3,072 3,423 2,847 3,239.9 2,874.8 2,503.2 1,796.8 1,844.5 2,296.5 2,063.3 795.9 997.5 642.5 862.3 475.2 836.5
Short-Term Investments 254 320 344 367 411 300 196 31 26 28 0 27 44 48 49 26 0 200 0 11 23 24 23 422 194 526 658 631 466 28 458 1,491 1,031 468.5 540.6 906.3 851.4 72.3 45.7 38.5 28.6 331.3 46.5 45.8 47.9 90.0 0
Net Receivables 5,204 4,204 4,522 4,982 4,512 3,252 3,832 4,198 3,806 2,833 2,837 2,973 2,576 2,118 2,056 2,278 1,829 1,349 1,587 1,839 1,399 821 949 1,109 1,497 2,594 2,746 3,021 2,763 2,175 2,330 2,534 2,429 1,886.6 1,870.6 1,954.6 1,707.4 1,362.6 1,425.8 1,590.0 1,481.3 390.7 376.7 307.8 371.4 323.7 317.9
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 906 699 722 3,080 2,949 2,080 2,082 3,044 2,830 2,144 2,201 3,539 3,602 2,529 1,778 2,756 2,583 1,694 1,587 2,541 1,972 772 725 1,311 813 779 447 619 447 259 186 336 219 69 46.9 47.1 34.5 18.7 18.4 42.2 42.8 16.3 17.8 14.1 20.6 12.0 21.0
Total Current Assets 14,153 12,199 12,850 14,733 13,587 9,815 10,832 13,515 12,348 9,230 10,094 12,813 12,126 8,791 9,270 11,786 11,147 8,181 9,043 11,113 8,836 5,634 6,735 8,944 7,652 7,735 7,969 8,824 7,702 5,197 6,172 7,794 7,431 5,539.6 5,983.8 6,026.6 5,328.4 3,450.3 3,620.3 4,164.0 3,796.1 1,815.7 1,713.4 1,225.0 1,517.0 1,090.5 1,318.7
Non-Current Assets
Property, Plant & Equipment 2,709 2,743 2,774 2,760 2,723 2,718 2,734 2,713 2,694 2,716 2,684 2,666 2,613 2,573 2,529 2,541 2,564 2,587 2,705 2,728 2,739 2,831 2,901 2,931 2,925 2,809 2,585 2,477 2,365 1,877 1,769 1,689 1,627 1,575.3 1,521.6 1,479.1 1,422.0 1,394.9 1,339.6 1,235.3 1,174.3 257.0 235.9 236.8 235.2 240.2 152.9
Goodwill 7,016 6,872 6,874 6,855 6,847 6,844 6,851 6,847 6,847 6,849 6,845 7,150 7,150 7,143 7,109 7,135 7,166 7,171 7,318 7,370 7,363 7,380 7,343 7,330 7,330 8,127 8,104 8,118 8,109 8,120 8,157 8,139 8,251 8,228.9 8,226.2 8,156.7 7,979.9 7,942.0 8,027.2 8,019.8 8,026.4 3,596.8 3,584.2 3,604.0 3,569.2 3,519.8 5,912.9
Intangible Assets 887 819 797 801 808 817 947 991 1,006 1,023 1,149 1,180 1,196 1,209 1,223 1,306 1,368 1,393 1,425 1,457 1,479 1,515 1,537 1,600 1,642 1,804 1,843 1,887 1,936 1,992 2,101 2,157 2,243 2,308.5 2,377.6 2,390.5 2,386.5 2,446.7 2,573.6 2,646.0 2,739.0 801.3 809.2 823.0 829.7 818.2 988.5
Long-Term Investments 422 0 0 0 0 0 0 0 0 0 1,155 1,202 1,198 1,184 1,122 1,151 1,468 1,450 655 663 667 671 606 618 610 796 770 815 804 778 717 758 858 845 888.8 538.4 528.2 520.1 558.3 643.9 635.0 152.1 77.8 48.3 54.9 80.1 0
Other Non-Current Assets 860 1,387 1,416 1,331 1,608 1,698 1,527 1,283 1,245 1,238 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 89.0
Total Non-Current Assets 12,306 12,253 12,258 12,243 12,527 12,573 12,573 12,378 12,413 12,412 12,428 12,863 12,860 12,770 12,609 12,958 13,430 13,367 12,901 13,068 13,030 13,056 12,944 12,961 12,765 13,681 13,412 13,377 13,261 12,836 12,969 12,760 12,998 12,976.0 13,051.4 12,596.7 12,340.5 12,327.3 12,511.5 12,564.6 12,593.9 4,807.2 4,707.1 4,712.1 4,689.1 4,658.3 7,143.4
Total Assets 26,459 24,452 25,108 26,976 26,114 22,388 23,405 25,893 24,761 21,642 22,522 25,676 24,986 21,561 21,879 24,744 24,577 21,548 21,944 24,181 21,866 18,690 19,679 21,905 20,417 21,416 21,381 22,201 20,963 18,033 19,141 20,554 20,429 18,515.6 19,035.2 18,623.2 17,668.9 15,777.5 16,131.8 16,728.5 16,390.0 6,622.9 6,420.5 5,937.2 6,206.1 5,748.8 8,462.1
Current Liabilities
Account Payables 3,315 3,291 3,215 3,346 2,938 3,070 3,158 3,567 3,155 3,118 3,017 2,841 2,541 2,656 2,667 2,726 2,226 2,021 2,033 1,935 1,292 1,098 1,102 1,049 1,695 2,827 2,778 1,970 2,769 2,487 2,752 2,720 2,551 2,536 2,605.3 2,515.8 2,110.3 2,086.3 2,141.6 2,145.5 2,005.7 1,003.2 897.6 813.4 936.4 812.0 1,009.2
Short-Term Debt 0 1,692 1,748 1,747 1,746 1,043 1,042 1,041 0 0 0 0 0 0 0 0 0 735 753 0 0 0 0 750 750 749 749 0 0 0 0 500 500 500 500 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 15,174 10,591 11,304 13,582 13,091 8,681 9,586 12,259 11,569 7,887 8,561 11,708 11,222 7,314 7,617 10,214 9,381 5,854 6,005 8,412 6,221 3,279 3,424 4,829 6,126 6,000 6,023 7,575 7,145 4,691 5,141 6,566 6,335 3,545.0 3,958.8 5,049.3 4,795.1 2,900.3 3,379.5 4,201.9 3,909.6 26.9 24.6 17.2 20.6 17.5 13.8
Other Current Liabilities 844 1,027 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,260.6 1,271.8 0 1,112.9 1,009.6 1,067.9
Total Current Liabilities 19,362 16,657 17,262 19,614 18,573 13,611 14,787 17,756 15,565 11,783 12,560 15,429 14,612 10,778 11,119 13,837 12,469 9,450 9,751 11,713 8,774 5,406 5,636 7,872 9,608 10,714 10,582 11,676 10,726 8,060 8,763 10,497 9,991 7,878.7 8,272.6 8,744.5 8,019.6 6,127.2 6,619.4 7,446.8 6,958.0 2,587.2 2,444.6 1,835.1 2,392.6 2,040.6 2,090.8
Non-Current Liabilities
Long-Term Debt 4,470 4,723 4,468 4,466 4,465 5,223 5,221 5,218 6,256 6,253 6,250 6,247 6,243 6,240 6,237 6,727 7,719 7,715 7,712 8,480 8,464 8,216 8,826 8,803 6,080 4,189 4,170 3,715 3,704 3,717 3,727 3,731 3,771 3,749 3,735.7 3,220.9 3,170.9 3,159.3 3,204.2 3,196.8 3,209.5 895.4 895.2 895.1 894.8 894.7 1,000
Deferred Tax Liabilities 31 20 21 21 20 19 34 31 31 33 34 35 35 52 50 45 58 58 55 22 23 67 105 74 58 56 60 65 66 69 250 314 405 328.6 393.4 466.2 496.2 485.0 417.9 512.1 526.4 227.0 230.1 224.0 198.0 199.0 362.4
Other Non-Current Liabilities 524 251 502 520 479 471 506 470 472 473 464 447 501 451 445 420 414 413 438 465 456 462 456 388 383 389 354 343 332 506 455 440 432 408 395.8 369.4 323.1 312.9 358.6 322.1 329.0 246.8 243.6 233.3 230.5 213.9 104.1
Total Non-Current Liabilities 5,261 5,248 5,253 5,276 5,220 5,978 6,052 6,011 7,060 7,073 7,036 7,031 7,084 7,055 7,047 7,526 8,541 8,546 8,591 9,375 9,382 9,258 9,909 9,808 7,068 5,166 5,027 4,589 4,574 4,292 4,432 4,485 4,608 4,486.0 4,524.9 4,056.6 3,990.3 3,957.2 3,980.7 4,031.0 4,064.9 1,369.1 1,369.0 1,352.4 1,323.3 1,307.6 1,466.5
Total Liabilities 24,623 21,905 22,515 24,890 23,793 19,589 20,839 23,767 22,625 18,856 19,596 22,460 21,696 17,833 18,166 21,363 21,010 17,996 18,342 21,088 18,156 14,664 15,545 17,680 16,676 15,880 15,609 16,265 15,300 12,352 13,195 14,982 14,599 12,364.7 12,797.5 12,801.1 12,009.8 10,084.4 10,600.2 11,477.8 11,022.9 3,956.3 3,813.6 3,187.4 3,716.0 3,348.2 3,557.3
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.4 0.4 0.4 0.4 0.4 0.4
Retained Earnings 1,632 1,696 1,540 630 351 602 303 (381) (767) (632) (764) (1,169) (1,554) (1,409) (1,586) (2,068) (1,883) (1,761) (2,147) (2,531) (2,359) (1,781) (1,398) (1,206) (470) 879 850 508 373 517 551 74 117 331.1 321.6 14.9 0.7 129.0 (307.1) 7.4 373.3 (1,442.4) (1,556.6) (1,616.0) (1,835.3) (1,876.2) 536.8
Accumulated Other Comprehensive Income (376) (191) (194) (187) (220) (232) (194) (223) (222) (209) (240) (207) (211) (234) (317) (240) (161) (149) (221) (186) (199) (178) (239) (273) (301) (217) (258) (216) (217) (220) (202) (190) (125) (148.9) (124.0) (188.3) (251.4) (280.4) (307.1) (299.6) (287.4) (46.0) (19.8) 3.4 (5.8) (41.7) 26.9
Total Stockholders' Equity 576 1,284 1,337 836 1,072 1,557 1,322 889 890 1,534 1,673 1,759 1,832 2,283 2,268 1,910 2,078 2,057 2,114 1,607 1,209 2,532 1,632 1,734 2,270 3,967 4,184 4,342 4,083 4,104 4,386 3,967 4,195 4,522.3 4,603.4 4,226.1 4,089.3 4,132.3 3,885.8 4,202.3 4,631.7 2,605.9 2,538.8 2,682.7 2,424.6 2,336.1 4,842.2
Total Liabilities & Equity 26,459 24,452 25,108 26,976 26,114 22,388 23,405 25,893 24,761 21,642 22,522 25,676 24,986 21,561 21,879 24,744 24,577 21,548 21,944 24,181 21,866 18,690 19,679 21,905 20,417 21,416 21,381 22,201 20,963 18,033 19,141 20,554 20,429 18,515.6 19,035.2 18,623.2 17,668.9 15,777.5 16,131.8 16,728.5 16,390.0 6,622.9 6,420.5 5,937.2 6,206.1 5,748.8 8,462.1
Debt Metrics
Total Debt 4,706 6,669 6,478 6,482 6,467 6,531 6,554 6,551 6,557 6,567 6,538 6,549 6,548 6,552 6,552 7,061 8,069 8,810 8,851 8,888 8,903 8,729 9,348 10,096 7,377 5,470 5,362 4,181 4,176 3,717 3,727 4,231 4,271 4,249 4,235.7 3,220.9 3,170.9 3,159.3 3,204.2 3,196.8 3,209.5 895.4 895.2 895.1 894.8 894.7 1,000
Net Debt (3,083) (307) (784) 178 752 2,348 1,832 309 871 2,342 1,482 275 644 2,456 1,964 1,493 2,517 4,699 3,820 3,424 4,612 5,366 4,995 5,043 3,472 2,155 1,565 (77) 468 1,274 807 1,159 848 1,402 995.9 346.1 667.7 1,362.5 1,359.7 900.3 1,146.2 99.5 (102.2) 252.5 32.5 419.4 163.5
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
Operating Activities
Net Income (6) 205 964 322 (197) 299 684 386 (135) 136 305 387 (140) 175 476 (185) (123) 395 378 (177) (581) (391) (200) (740) (1,397) 78 407 187 (100) 25 531 (9) (149) 52.9 349.4 53.7 (84.5) 84.9 278.9 19.3 (121.8) 82.0 73.4 48.0
Depreciation & Amortization 228 220 225 223 219 212 211 205 210 208 208 199 192 199 199 197 197 199 201 205 209 387 220 232 229 226 228 228 228 279 242 241 239 236.8 227.2 217.3 208.2 198.1 200.6 200.2 195.3 197.5 12.1 11.4
Stock-Based Compensation 0 0 90 105 98 93 147 114 104 99 105 106 103 94 97 93 90 99 116 120 83 49 47 54 55 66 60 59 56 49 54 50 50 45.8 6.3 50.1 47.2 44.8 48.3 95.4 54.0 0 0 0
Change in Working Capital 3,299 (372) (1,753) 528 2,770 (528) (3,379) 730 2,649 (657) (2,600) 462 3,066 (422) (2,180) 954 2,909 (96) (2,036) 2,447 2,305 (66) (836) (1,179) (821) 93 (1,600) 719 1,979 (522) (959) 362 1,501 (435.6) (917.5) 445.4 1,500.4 (459.9) (644.3) 287.8 985.2 12.1 102.2 363.7
Other Non-Cash Items 409 275 (124) (104) 108 114 817 (11) 89 (37) 541 (48) (7) (192) 222 551 19 (325) 37 (15) 329 (244) 39 (42) 1,258 (89) 87 (23) (31) 51 36 265 (53) (8.7) (17.3) (62.9) (11.6) 100.8 24.2 22.0 (35.2) (138.3) 78.8 70.7
Operating Cash Flow 3,931 304 (497) 1,121 2,952 198 (1,493) 1,501 2,879 (238) (1,375) 1,146 3,157 (182) (997) 1,628 2,991 285 (1,221) 2,514 2,170 (385) (819) (1,846) (784) 341 (861) 1,138 2,149 (145) (371) 815 1,676 (122.9) (443.6) 692.2 1,673.4 20.7 (182.4) 626.8 1,099.3 160.2 285.8 497.7
Investing Activities
Capital Expenditure (184) (185) 396 (200) (196) (191) 371 (194) (177) (177) (213) (223) (233) (177) (170) (159) (156) (143) (179) (183) (168) (128) (176) (206) (287) (296) (291) (299) (274) (244) (223) (219) (192) (184.7) (168.7) (190.0) (166.9) (182.3) (187.1) (212.4) (167.6) (14.8) (13.4) (12.6)
Acquisitions 0 0 0 0 0 0 0 0 0 25 0 0 0 4 0 0 0 0 0 183 0 0 0 206 287 296 291 299 0 (13) (40) 219 192 (0.3) (32.1) 190.0 166.9 67.1 (0.8) 212.4 167.6 25.1 0 (13.6)
Purchases of Investments (174) (110) (90) (99) (329) (144) (336) 0 (69) (28) 0 0 0 196 0 (60) (337) (200) 0 (1) 0 0 0 (400) (285) (63) (647) (198) (438) (89) (45) (802) (867) (98.2) (721.8) (203.8) (787.5) (43.5) (15.4) (37.4) (2.1) (0.0) (2.1) (0.3)
Sales/Maturities of Investments 197 131 175 323 118 35 0 0 43 152 27 17 5 5 0 0 537 0 11 12 0 0 400 176 585 217 608 27 0 445 1,052 315 325 181.0 739.2 175.7 6.8 29.3 8.9 14.5 8.2 14.8 0 1
Other Investing Activities (279) (35) (393) (60) 23 (61) (487) (15) (37) (137) (61) 13 33 (94) (96) (42) (31) (82) 75 (244) (12) (28) 10 (149) (268) (278) (224) (289) 6 (3) 35 (219) (186) 82 7.2 (326.2) (168.9) 52.9 (6.6) (212.4) (165.3) (251.1) (227.0) (306.5)
Investing Cash Flow (440) (199) (112) 164 (384) (361) (452) (209) (240) (165) (247) (193) (195) (66) (266) (261) 13 (425) (93) (233) (180) (156) 234 (373) 32 (124) (263) (460) (706) 96 779 (706) (728) (102.2) (176.2) (354.4) (949.6) (129.4) (194.4) (235.3) (159.2) (226.0) (242.5) (331.9)
Financing Activities
Net Debt Issuance (1,828) 0 0 0 (59) 0 0 0 0 0 0 0 0 0 (417) (1,000) (724) 0 0 (3) 261 (651) (768) 2,714 1,900 (4) 835 0 0 0 0 0 0 0 992.5 0 0 (0.3) (1.1) 0 (400.4) 0 0 0
Stock Repurchased (788) (327) (531) (688) (384) (198) (469) (529) (643) (468) (607) (593) (469) (366) (172) (22) (47) (57) (23) (30) (55) (6) (5) (4) (410) (391) (323) (4) (25) (303) (194) (224) (202) (158.0) (40) (69) (45.2) (89.0) (38.4) (141.3) (187.0) 0 0 0
Dividends Paid (58) (49) (49) (51) (51) 0 0 0 0 0 0 0 0 (67) 0 0 0 (17) 0 (50) 0 (58) 0 (17) (48) (50) (50) (48) (47) (48) (47) (45) (46) (45.5) (45.6) (42.4) (42.2) (39.1) (39.1) (35.8) (36.2) 0 0 0
Other Financing Activities (1) (13) (12) 28 25 43 28 (5) 12 (29) 13 1 32 54 20 (2) 108 70 50 (505) 4 221 (1,130) 1,123 75 (11) 111 65 93 (12) (559) 49 12 (127.5) (9.1) 79.5 39.1 215.9 11.8 41.5 19.7 (50.4) 4.6 (25.5)
Financing Cash Flow (2,650) (389) (567) (711) (469) (155) (441) (518) (631) (497) (581) (581) (437) (379) (558) (1,024) (663) (622) 27 (588) 210 (494) (762) 3,816 1,517 (432) 573 13 21 (335) (698) (220) (236) (173.0) 941.1 (32.5) (48.1) 124.7 (66.8) (144.6) (603.9) (50.5) 4.6 (25.5)
Cash Position
Net Change in Cash 813 (286) (1,193) 721 2,160 (472) (2,316) 740 1,961 (831) (2,266) 371 2,536 (515) (1,958) 189 2,330 (813) (1,387) 1,740 2,127 (943) (1,285) 1,645 624 (150) (633) 722 1,453 (404) (303) (234) 729 (393.2) 365.1 371.6 706.4 (47.7) (452.0) 233.2 387.0 (101.0) 47.5 139.7
Cash at Beginning 6,976 7,262 8,455 7,734 5,574 6,046 8,362 7,622 5,661 6,492 8,758 8,387 5,851 6,366 8,324 8,135 5,805 6,618 8,005 6,265 4,138 5,081 6,366 4,721 4,097 4,247 4,880 4,158 2,705 3,109 3,412 3,646 2,917 3,239.9 2,874.8 2,503.2 1,796.8 1,844.5 2,296.5 2,063.3 1,676.3 328.9 281.4 141.7
Cash at End 7,789 6,976 7,262 8,455 7,734 5,574 6,046 8,362 7,622 5,661 6,492 8,758 8,387 5,851 6,366 8,324 8,135 5,805 6,618 8,005 6,265 4,138 5,081 6,366 4,721 4,097 4,247 4,880 4,158 2,705 3,109 3,412 3,646 2,846.7 3,239.9 2,874.8 2,503.2 1,796.8 1,844.5 2,296.5 2,063.3 227.9 328.9 281.4
Free Cash Flow 3,747 119 (101) 921 2,756 7 (1,122) 1,307 2,702 (415) (1,588) 923 2,924 (359) (1,167) 1,469 2,835 142 (1,400) 2,331 2,002 (513) (995) (2,052) (1,071) 45 (1,152) 839 1,875 (389) (594) 596 1,484 (307.6) (612.3) 502.2 1,506.6 (161.6) (369.5) 414.4 931.7 145.4 272.4 485.1
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
Income Statement
Revenue 3,426 3,547 4,412 3,786 2,988 3,184 4,060 3,558 2,889 2,887 3,929 3,358 2,665 2,618 3,619 3,181 2,249 2,279 2,962 2,111 1,246 920 1,504 566 2,209 2,747 3,558 3,153 2,609 2,559 3,276 2,880 2,508 2,319.2 2,965.8 2,586.1 2,188.7 2,092.8 2,580.9 2,195.9 1,904.0 1,698.6 1,937.8 1,662.6 1,373.4 1,356.0 1,712.5 1,494.6 1,200.4 1,152.0 1,401.9 1,205.0 1,012.4 974.9 1,199.0 1,040.0 816.5 462.4 1,140.8 1,023.6 822.2 808.4 987.9 834.0 717.9 697.5 852.4 769.8 635.7 620.8 833.3 795.0 687.8 665.3 759.6 689.9 550.5 531.3 613.9 598.5 493.9 494.7 584.7 555.0 485.0 439.0 503.8
Gross Profit 3,049 3,201 4,036 3,409 2,631 2,849 3,672 3,196 2,531 2,547 3,517 2,951 2,251 2,206 3,164 2,762 1,878 1,884 2,520 1,737 935 633 1,141 185 1,580 2,188 2,989 2,631 2,096 2,083 2,772 2,382 2,021 1,881.9 2,507.3 2,147.0 1,767.0 1,722.0 2,164.0 1,789.5 1,501.1 1,360.1 1,609.7 1,341.5 1,051.5 1,071.7 1,412.8 1,194.1 905.8 903.5 1,125.5 942.4 761.8 749.7 955.4 810.2 616.4 287.2 931.2 825.1 644.3 632.2 797.8 665.4 559.9 552.0 683.0 621.0 492.2 483.9 656.3 626.2 535.9 518.9 608.5 546.3 429.2 409.5 480.8 470.0 374.6 384.5 456.6 425.5 370.9 320.2 399.1
Operating Income 243 548 1,128 531 (44) 216 762 451 (110) 104 607 443 (121) 128 747 345 (135) 163 524 (132) (369) (463) (113) (849) (1,294) 160 609 265 (131) 96 672 111 (165) 113.5 481.7 102.8 (72.8) 147.2 386.2 25.7 (102.4) 29.5 345.0 90.1 (51.0) 94.7 296.8 129.2 (3.0) 138.7 238.7 94.3 (105.6) 1.5 227.1 154.4 48.7 (145.0) 289.4 227.0 108.2 149.2 276.8 193.7 112.2 140.9 223.0 114.6 92.9 (2,889.1) 199.6 170.5 90.0 128.3 179.8 153.6 67.3 99.5 89.3 136.3 26.2 85.7 148.6 96.4 66.3 70.0 80.3
Net Income (6) 205 959 330 (200) 299 684 386 (135) 132 425 385 (145) 177 482 (185) (122) 386 376 (172) (578) (383) (192) (736) (1,301) 76 409 183 (103) 17 525 1 (137) 55.2 352.2 56.7 (86.1) 79.5 279.3 31.6 (121.9) (12.5) 283.2 449.6 44.1 66.0 257.1 89.4 (14.3) 94.7 170.9 71.5 (104.2) 6.7 171.5 105.2 (3.3) 70.3 209.5 140.4 52.0 71.3 176.6 114.3 59.4 102.2 117.0 40.9 39.4 (2,760.0) 94.8 96.1 51.3 65.4 99.6 96.1 34.8 67.1 59.0 95.5 23.3 25.2 82.0 73.4 48.0 44.1 58.1
EPS (Diluted) -0.05 1.60 7.33 2.48 -1.56 2.20 5.04 2.80 -1.00 0.91 2.88 2.54 -0.92 1.11 2.98 -1.18 -0.79 1.70 2.26 -1.15 -3.98 -2.69 -1.36 -5.22 -9.24 0.52 2.71 1.21 -0.70 0.11 3.43 0.01 -0.90 0.35 2.23 0.36 -0.57 0.51 1.81 0.21 -0.81 -0.09 2.12 3.38 0.34 0.50 1.94 0.67 -0.11 0.70 1.22 0.51 -0.77 0.05 1.21 0.76 -0.02 0.52 1.50 1.01 0.37 0.51 1.24 0.80 0.40 0.71 0.80 0.28 0.28 -19.26 0.66 0.66 0.34 0.45 0.64 0.60 0.22 0.41 0.34 0.54 0.12 0.15 0.46 0.44 0.28 0.26 0.34
Balance Sheet
Cash & Equivalents 7,789 6,976 7,262 6,304 5,715 4,183 4,722 6,242 5,686 4,225 5,056 6,274 5,904 4,096 4,588 5,568 5,552 4,111 5,031 5,464 4,291 3,363 4,353 5,053 3,905 3,315 3,797 4,258 3,708 2,443 2,920 3,072 3,423 2,847 3,239.9 2,874.8 2,503.2 1,796.8 1,844.5 2,296.5 2,063.3 795.9 997.5 642.5 862.3 475.2 836.5
Total Assets 26,459 24,452 25,108 26,976 26,114 22,388 23,405 25,893 24,761 21,642 22,522 25,676 24,986 21,561 21,879 24,744 24,577 21,548 21,944 24,181 21,866 18,690 19,679 21,905 20,417 21,416 21,381 22,201 20,963 18,033 19,141 20,554 20,429 18,515.6 19,035.2 18,623.2 17,668.9 15,777.5 16,131.8 16,728.5 16,390.0 6,622.9 6,420.5 5,937.2 6,206.1 5,748.8 8,462.1
Total Debt 4,706 6,669 6,478 6,482 6,467 6,531 6,554 6,551 6,557 6,567 6,538 6,549 6,548 6,552 6,552 7,061 8,069 8,810 8,851 8,888 8,903 8,729 9,348 10,096 7,377 5,470 5,362 4,181 4,176 3,717 3,727 4,231 4,271 4,249 4,235.7 3,220.9 3,170.9 3,159.3 3,204.2 3,196.8 3,209.5 895.4 895.2 895.1 894.8 894.7 1,000
Stockholders' Equity 576 1,284 1,337 836 1,072 1,557 1,322 889 890 1,534 1,673 1,759 1,832 2,283 2,268 1,910 2,078 2,057 2,114 1,607 1,209 2,532 1,632 1,734 2,270 3,967 4,184 4,342 4,083 4,104 4,386 3,967 4,195 4,522.3 4,603.4 4,226.1 4,089.3 4,132.3 3,885.8 4,202.3 4,631.7 2,605.9 2,538.8 2,682.7 2,424.6 2,336.1 4,842.2
Cash Flow
Operating Cash Flow 3,931 304 (497) 1,121 2,952 198 (1,493) 1,501 2,879 (238) (1,375) 1,146 3,157 (182) (997) 1,628 2,991 285 (1,221) 2,514 2,170 (385) (819) (1,846) (784) 341 (861) 1,138 2,149 (145) (371) 815 1,676 (122.9) (443.6) 692.2 1,673.4 20.7 (182.4) 626.8 1,099.3 160.2 285.8 497.7
Capital Expenditure (184) (185) 396 (200) (196) (191) 371 (194) (177) (177) (213) (223) (233) (177) (170) (159) (156) (143) (179) (183) (168) (128) (176) (206) (287) (296) (291) (299) (274) (244) (223) (219) (192) (184.7) (168.7) (190.0) (166.9) (182.3) (187.1) (212.4) (167.6) (14.8) (13.4) (12.6)
Free Cash Flow 3,747 119 (101) 921 2,756 7 (1,122) 1,307 2,702 (415) (1,588) 923 2,924 (359) (1,167) 1,469 2,835 142 (1,400) 2,331 2,002 (513) (995) (2,052) (1,071) 45 (1,152) 839 1,875 (389) (594) 596 1,484 (307.6) (612.3) 502.2 1,506.6 (161.6) (369.5) 414.4 931.7 145.4 272.4 485.1