Intercontinental Exchange, Inc. logo ICE - Intercontinental Exchange, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 1
BUY 32
HOLD 3
SELL 0
STRONG
SELL 0
| PRICE TARGET: $187.13 DETAILS
HIGH: $211.00
LOW: $163.00
MEDIAN: $184.00
CONSENSUS: $187.13
UPSIDE: 35.93%
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
Revenue
Revenue 3,666 3,140 3,007 3,262 3,229 3,030 3,033 2,897 2,801 2,666 2,429 2,336 2,472 2,377 2,387 2,413 2,459 2,328 2,277 2,134 2,429 2,233 1,930 1,966 2,115 1,667 1,663 1,634 1,583 1,677 1,463 1,556 1,580 1,439 1,435 1,496 1,471 1,484 1,416 1,504 1,554 1,302 1,187 1,096 1,180 1,144 1,010 1,016 1,063 733.6 338 372 352 323.4 323.2 351.2 365.2 327.2 340.8 325.2 334.3 285.0 287.1 296.2 281.6 256.6 256.3 250.4 231.6 207.3 201.4 197.2 207.2 159.3 151.7 136.7 126.6 95.3 94.7 73.6 50.3
Cost of Revenue 689 636 1,298 1,433 1,450 1,411 1,383 1,267 1,178 1,162 1,010 972 1,100 1,128 1,089 1,123 1,094 1,028 1,017 957 1,148 1,062 948 970 965 766 714 708 668 743 621 659 700 625 622 649 650 680 667 703 728 649 570 490 532 540 454 459 467 292.5 73 79 77 67.8 72.9 76.5 79.8 273.5 76.5 74.2 73.2 8.7 8.3 9.5 9.1 9.6 9.9 55.6 12.8 63.7 9.1 6.9 7.0 41.4 29.7 28.4 28.3 19.6 18.9 15.2 14.3
Gross Profit 2,977 2,504 1,709 1,829 1,779 1,619 1,650 1,630 1,623 1,504 1,419 1,364 1,372 1,249 1,298 1,290 1,365 1,300 1,260 1,177 1,281 1,171 982 996 1,150 901 949 926 915 934 842 897 880 814 813 847 821 804 749 801 826 653 617 606 648 604 556 557 596 441.1 265 293 275 255.6 250.3 274.8 285.4 53.7 264.3 251.0 261.1 276.3 278.9 286.6 272.5 246.9 246.4 194.8 218.7 143.5 192.4 190.2 200.2 117.9 122.1 108.2 98.3 75.7 75.7 58.4 36.0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 887 1,300 139 127 137 137 124 168 143 132 110 117 122 110 108 112 110 110 115 117 116 119 99 93 99 89 85 88 92 100 86 84 80 82 85 87 91 87 80 84 72 83 75 76 78 88 103 112 100 84.1 22 27 25 20.3 21.1 23.0 24.8 (175.2) 21.7 21.4 21.2 84.4 88.6 80.4 80.5 94.4 78.5 31.8 77.6 20.2 58.8 46.6 45.0 11.8 12.2 13.0 12.1 7.6 7.0 7.7 5.1
Other Expenses 425 0 396 405 421 405 423 396 417 447 464 292 281 275 277 309 263 310 267 261 273 272 256 159 169 190 158 158 158 158 154 158 150 140 132 151 148 159 195 166 170 152 102 100 108 116 123 118 105 194.0 41 41 50 42.9 35.1 36.4 35.4 34.1 38.5 38.7 36.6 33.3 38.8 27.9 28.2 28.6 27.9 28.1 27.3 26.1 14.4 10.8 10.9 9.6 9.0 18.7 6.5 3.9 3.3 3.3 3.2
Operating Expenses 1,312 1,300 535 532 558 542 547 564 560 579 574 409 403 385 385 421 373 420 382 378 389 391 355 252 268 279 243 246 250 258 240 242 230 222 217 238 239 246 275 250 242 235 177 176 186 204 226 230 205 278.1 63 68 75 63.2 56.2 59.3 60.2 (141.1) 60.3 60.1 57.8 117.8 127.3 108.3 108.7 123.0 106.4 59.9 104.9 46.2 73.2 57.4 56.0 21.3 21.2 31.7 18.6 11.5 10.3 11.0 8.3
Operating Income
Operating Income 1,665 1,204 1,174 1,297 1,221 1,077 1,103 1,066 1,063 925 845 955 969 864 913 869 992 880 878 799 892 780 627 744 882 622 706 680 665 676 602 655 650 592 596 609 582 558 474 551 584 418 440 430 462 400 330 327 391 163.1 202 225 200 192.4 194.1 215.4 225.2 194.8 204.0 190.9 203.3 158.6 151.6 178.3 163.8 123.9 140.0 135.0 113.8 97.3 119.1 132.8 144.3 96.5 100.9 76.5 79.6 64.2 65.4 47.4 27.7
Interest Expense 203 182 192 201 206 213 223 233 241 251 206 175 176 176 176 161 103 102 108 106 107 112 89 84 72 71 72 71 71 71 66 55 52 50 47 45 45 44 44 44 46 30 21 23 23 23 22 23 27 26.2 9 10 10 9.8 9.4 9.6 10.1 11.3 8.1 7.8 7.7 7.6 7.5 7.5 7.1 6.4 4.4 6.9 5.3 0 4.4 4.0 5.1 0 0 0 0 0 0 0 0
Interest Income 24 48 28 31 33 36 39 36 30 32 94 102 91 66 33 8 1 1 0 0 0 1 1 2 6 8 8 10 9 0 6 5 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.9 0.7 0.7 0.7 0.6 0.3 0.4 0.2 0.3 0.4 0.8 1.0 0.8 0.5 0.3 0.7 0.7 0.3 0.3 0.6 0 3.3 2.9 2.9 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,638 1,607 1,660 1,728 1,662 1,507 1,507 1,475 1,586 1,146 1,197 1,289 1,285 1,003 107 1,156 1,189 2,461 1,185 2,289 1,195 1,043 852 914 1,065 847 870 856 855 966 768 809 807 850 738 754 904 714 668 706 729 519 538 514 553 524 418 424 469 (12.9) 237 260 233 226.7 227.0 248.3 257.1 228.1 237.3 224.3 237.2 191.3 186.5 191.2 192.1 164.4 169.6 152.3 141.6 124.1 137.1 146.5 158.5 106.3 110.1 95.4 86.3 68.1 68.7 50.8 30.9
EBIT 1,254 1,218 1,273 1,333 1,273 1,118 1,121 1,094 1,205 767 888 1,022 1,025 740 (151) 900 935 2,211 932 2,038 940 786 672 757 908 658 712 699 697 809 620 666 669 719 610 612 770 574 487 560 586 421 444 421 464 435 335 343 389 (74.3) 202 227 201 193.2 194.1 216.2 225.1 194.9 204.2 191.4 204.0 158.0 154.8 163.3 163.8 135.8 141.8 124.7 114.3 97.3 122.7 135.7 147.6 96.6 101.0 87.5 79.6 64.2 65.4 47.4 27.7
Income Before Tax 1,897 1,070 1,081 1,132 1,067 905 898 861 964 516 682 847 849 564 (327) 739 832 2,109 824 1,932 833 674 583 673 836 587 640 628 626 738 554 611 617 669 563 567 725 530 443 516 540 391 423 398 441 412 313 320 362 (100.5) 193 217 191 183.4 184.7 206.6 215.1 183.6 196.1 183.7 196.3 150.3 147.2 155.8 156.7 129.4 137.4 117.8 109.1 81.2 118.3 131.6 142.4 96.1 99.3 75.2 87.9 67.4 68.1 48.3 28.8
Income Tax Expense 465 219 250 267 255 196 227 222 181 126 123 32 175 124 (152) 173 165 580 187 679 183 146 189 145 178 134 103 150 134 119 89 149 143 (562) 186 140 214 171 93 153 163 18 113 109 118 118 90 93 101 69.5 48 59 54 50.8 50.6 61.3 65.3 53.3 59.1 59.3 66.1 48.5 47.3 53.3 53.2 46.4 50.5 45.8 36.9 32.3 43.3 46.8 50.1 31.4 32.6 21.5 32.3 18.4 24.5 17.3 9.1
Net Income 1,413 840 816 851 797 698 657 632 767 373 541 799 655 425 (191) 555 657 1,527 633 1,252 646 526 390 523 650 448 529 472 484 611 458 455 464 1,225 371 419 503 352 344 357 369 370 306 283 315 288 206 226 261 (176.1) 141 154 135 129.5 131.1 143.2 147.9 126.8 132.6 121.4 128.9 99.1 96.3 101.7 101.2 84.3 87.5 72.1 72.2 48.9 75.0 84.9 92.3 64.7 66.7 53.7 55.6 49.0 43.6 31.0 19.7
Per Share Data
EPS (Basic) 2.49 1.49 1.43 1.49 1.39 1.22 1.15 1.10 1.34 0.65 0.96 1.43 1.17 0.76 -0.34 0.99 1.17 2.72 1.12 2.23 1.15 0.94 0.71 0.96 1.18 0.81 0.95 0.84 0.85 1.07 0.80 0.79 0.80 2.10 0.63 0.71 0.85 0.59 0.58 0.60 0.62 0.66 0.55 0.51 0.56 0.51 0.36 0.39 0.46 -0.31 0.39 0.42 0.37 0.36 0.36 0.39 0.41 0.35 0.36 0.33 0.35 0.27 0.26 0.27 0.27 0.23 0.24 0.20 0.20 0.14 0.21 0.24 0.26 0.19 0.19 0.16 0.16 0.17 0.15 0.11 0.07
EPS (Diluted) 2.48 1.49 1.42 1.48 1.38 1.21 1.14 1.10 1.33 0.65 0.96 1.42 1.17 0.76 -0.34 0.99 1.16 2.70 1.12 2.22 1.14 0.93 0.71 0.95 1.17 0.80 0.94 0.84 0.85 1.07 0.79 0.78 0.79 2.08 0.63 0.71 0.84 0.59 0.57 0.60 0.62 0.66 0.55 0.51 0.56 0.51 0.36 0.39 0.45 -0.31 0.38 0.42 0.37 0.35 0.36 0.39 0.40 0.35 0.36 0.33 0.35 0.27 0.26 0.27 0.27 0.23 0.24 0.19 0.20 0.14 0.21 0.24 0.26 0.19 0.19 0.15 0.16 0.17 0.15 0.10 0.07
Shares Outstanding 567 571.1 572 573 574 574 574 573 573 565 563 560 559 559 558 558 561 562 563 563 562 561 548 546 552 556 559 563 568 569 572 578 582 584 588 591 594 595 596 595 595 559 550 555 560 555 570 575 575 575 365 365 365 363.3 363.9 363.8 363.2 360.0 365.7 367.2 367.2 366.0 368.3 369.8 368.4 365.7 365.7 364.5 363.4 357.4 357.4 353.0 351.8 347.2 347.2 346.0 337.7 284.0 284.0 279.4 277.7
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 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
Current Assets
Cash & Cash Equivalents 1,494 837 850 1,003 783 844 755 885 863 899 837 2,877 2,069 1,799 1,183 830 638 607 618 602 562 583 610 880 583 841 655 837 653 724 515 532 523 535 419 398 360 407 458 390 468 627 687 678 752 652 638 2,057 964 961 1,537.3 1,457.0 1,390.8 1,612 1,241.2 1,082.0 968.4 822.9 34,957.4 756.7 694.3 621.8 307.1 612.3 552.5 391.6 300.5 229.6 283.5 241.7 362.9 215.9 119.6 92.8 120.9 114.9 204.3 70.2 54.1 8.2
Short-Term Investments 884 2,779 1,351 1,633 2,385 524 500 98 0 230 0 0 0 6,149 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16 17 21 23 24 24 25 29 21 22 1,073 1,200 1,241 26 57 74 36.5 36.5 0 0 0 0 0 0 0 0 0 0 2.0 2.0 2.0 2.0 4.8 3.1 3.4 3.8 11.5 60.8 141.0 100.3 110.4 62.4 77.4 178.0 134.5 133.9
Net Receivables 2,382 3,210 2,828 2,965 3,603 3,129 1,565 3,450 3,701 2,950 3,321 2,725 3,547 3,935 9,150 4,560 5,472 1,208 1,327 1,300 1,530 1,230 1,310 1,279 1,569 988 1,056 1,062 1,181 953 1,020 1,049 1,167 903 897 912 999 777 789 862 941 700 490 541 608 508 446 432 544 546 175.8 185.8 187.0 127 148.9 175.2 178.8 136.3 159.2 165.8 165.2 114.5 135.9 140.6 109.1 170.0 119.6 110.6 81.2 98.7 78.4 74.5 52.0 71.6 81.8 77.9 32.1 36.7 29.6 20.8
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 0 0 0 0 0 0 0 0 0 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 122,305 78,952 85,817 88,368 85,873 84,598 81,875 82,558 75,978 80,894 81,239 93,620 108,720 142,448 155,477 167,796 159,492 149,321 109,743 93,126 86,673 83,631 86,893 94,953 109,862 65,930 66,933 62,233 65,432 64,773 59,581 55,808 54,783 51,991 53,163 54,354 53,097 55,829 50,461 49,223 52,986 51,826 46,666 43,712 45,898 47,787 46,841 47,190 43,115 42,493 43,602.3 35,466.4 33,766.8 31,970 32,611.4 34,768.1 31,323.2 31,608.8 63.4 26,960.8 24,601.3 22,787.4 24,589.9 20,637.4 18,772.2 16,504.3 17,930.1 12,769.0 12,148.5 1,377.4 805.5 963.7 816.6 766.5 716.6 671.2 19.9 19.4 14.2 12.9
Total Current Assets 127,065 85,778 90,846 93,969 92,644 89,095 84,695 86,991 80,542 84,973 85,397 99,222 114,336 156,947 173,712 176,375 169,378 154,300 112,720 96,066 89,175 87,219 89,137 97,435 112,253 67,979 68,871 64,372 67,485 66,692 61,295 57,560 56,634 53,562 55,239 56,448 55,073 57,133 51,844 50,630 54,554 53,313 48,052 45,133 48,486 50,245 49,378 50,191 45,254 44,259 45,389.6 37,185.2 35,375.2 33,750.1 34,034.5 36,058.5 32,506.8 32,605.4 35,222.9 27,931.6 25,506.9 23,575.8 25,061.9 21,418.1 19,459.9 17,094.6 18,384.7 13,137.9 12,552.6 1,748.3 1,278.9 1,334.3 1,142.1 1,046.7 1,042.9 942.4 340.9 311.4 242.4 181.9
Non-Current Assets
Property, Plant & Equipment 2,707 2,691 2,413 2,368 2,218 2,153 2,029 1,992 1,960 1,923 1,918 1,718 1,727 1,767 1,720 1,703 1,733 1,699 1,723 1,745 1,731 1,713 1,693 1,510 1,503 1,536 1,505 1,525 1,538 1,241 1,206 1,220 1,235 1,246 1,192 1,161 1,132 1,129 1,080 1,048 1,018 1,037 904 911 879 874 839 845 898 891 201.7 164.9 154.8 143.4 140.9 137.7 133.2 131.0 99.1 99.5 94.8 94.5 93.5 91.1 91.7 86.6 87.1 86.9 89.0 76.2 64.4 62.7 63.5 60.8 57.2 50.7 26.3 22.4 23.9 21.6
Goodwill 30,634 30,646 30,643 30,652 30,617 30,595 30,598 30,553 30,549 30,553 30,463 21,134 21,120 21,111 21,075 21,106 21,141 21,123 21,309 21,315 21,304 21,291 21,243 13,534 13,527 13,342 13,310 13,308 13,098 13,085 12,934 12,484 12,514 12,216 12,016 12,001 12,302 12,291 12,009 12,046 12,104 12,079 8,507 8,532 8,504 8,535 8,471 8,583 9,482 9,501 1,961.6 1,932.9 1,933.8 1,938.0 1,936.8 1,907.3 1,916.5 1,903.0 1,901.9 1,938.9 1,929.2 1,916.1 1,452.0 1,453.0 1,465.8 1,476.8 1,476.2 1,497.9 1,434.8 1,423.6 1,054.1 1,054.5 1,009.7 1,007.8 1,079.4 1,078.6 79.6 79.6 79.6 74.8
Intangible Assets 15,108 15,353 15,589 15,845 16,067 16,306 16,573 16,805 17,056 17,317 17,595 12,814 12,946 13,090 13,210 13,397 13,576 13,736 13,928 14,098 14,242 14,408 14,507 10,149 10,212 10,258 10,330 10,446 10,406 10,462 10,445 10,223 10,326 10,269 10,056 10,103 10,356 10,420 10,359 10,493 10,630 10,758 7,653 7,700 7,724 7,780 7,754 7,957 9,410 9,404 803.9 804.2 820.7 799.0 816.6 822.4 844.6 854.4 872.4 899.7 918.7 890.8 671.0 687.5 702.5 718.3 732.8 731.8 728.9 749.1 541.2 544.5 537.7 518.5 320.4 172.8 1.6 1.6 1.6 1.8
Long-Term Investments 396 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 432 416 427 352 299 253 341 309 379 496 557 384 324 330.0 329.5 375.7 391 414.5 381.2 523.3 451.1 400.2 146.5 147.8 0 33 148.6 147.3 173.9 166.1 158.3 141.5 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 3,267 2,419 1,410 1,341 1,324 1,279 1,306 1,341 1,290 1,318 1,649 1,395 1,421 1,423 1,575 2,626 2,660 2,644 982 966 1,593 1,569 1,500 1,432 1,406 1,378 1,323 1,279 1,330 1,311 1,362 1,360 1,353 971 615 611 600 598 588 580 502 501 487 487 526 454 348 349 493 428 198.1 197.0 198.4 193 196.7 197.7 199.7 203.0 170.2 24.8 25.1 165.1 138.4 15.5 17.7 11.5 17.2 12.1 12.8 163.7 57.5 56.9 43.3 50.4 48.4 50.4 44.8 5.9 2.7 11.6
Total Non-Current Assets 52,112 51,109 50,055 50,206 50,226 50,333 50,506 50,691 50,855 51,111 51,625 37,061 37,214 37,391 37,580 38,832 39,110 39,202 37,942 38,124 38,870 38,981 38,943 26,625 26,648 26,514 26,468 26,558 26,372 26,099 25,947 25,287 25,428 24,702 23,879 23,876 24,390 24,870 24,452 24,594 24,606 24,674 17,804 17,971 17,942 18,034 17,908 18,291 20,667 20,559 3,495.3 3,428.5 3,483.4 3,464.8 3,505.6 3,446.3 3,617.3 3,542.5 3,443.8 3,109.3 3,115.6 3,066.5 2,388.0 2,395.7 2,425.0 2,467.1 2,479.3 2,487.0 2,407.0 2,412.6 1,717.2 1,718.6 1,654.3 1,637.5 1,505.4 1,352.5 152.3 109.5 107.8 109.8
Total Assets 179,177 136,887 140,901 144,175 142,870 139,428 135,201 137,682 131,397 136,084 137,022 136,283 151,550 194,338 211,292 215,207 208,488 193,502 150,662 134,190 128,045 126,200 128,080 124,060 138,901 94,493 95,339 90,930 93,857 92,791 87,242 82,847 82,062 78,264 79,118 80,324 79,463 82,003 76,296 75,224 79,160 77,987 65,856 63,104 66,428 68,279 67,286 68,482 65,921 64,818 48,884.9 40,613.7 38,858.5 37,214.8 37,540.1 39,504.8 36,124.1 36,147.9 38,666.7 31,040.9 28,622.5 26,642.3 27,449.9 23,813.8 21,884.9 19,561.7 20,864.0 15,624.9 14,959.6 4,160.9 2,996.1 3,052.9 2,796.3 2,684.2 2,548.2 2,294.9 493.2 420.9 350.2 291.7
Current Liabilities
Account Payables 1,311 1,078 1,042 1,067 1,056 1,051 1,045 1,008 967 1,003 964 919 949 866 788 719 733 703 696 636 673 639 594 520 548 505 543 518 509 521 486 405 476 462 427 415 451 388 383 350 399 398 297 324 392 409 282 293 357 392 94.5 108.9 95.3 70 83.7 73.6 76.8 66.0 79.5 82.1 68.8 65.2 63.1 51.3 57.3 59.8 52.2 46.2 49.7 47.3 31.0 25.1 27.8 33.4 39.6 41.7 13.2 0.8 1.2 2.7
Short-Term Debt 1,751 1,035 1,667 1,850 2,932 3,027 2,619 3,234 1,916 1,954 2,257 0 0 4 7 4 1,777 1,521 1,831 318 2,068 2,411 2,463 705 3,071 2,569 1,329 1,303 1,005 951 1,198 2,645 2,623 1,833 1,197 2,023 2,376 2,493 1,585 1,811 2,048 2,591 1,253 1,016 1,946 2,042 1,889 1,683 1,297 1,135 448.8 48.8 48.8 163 50 50 50 50 252.5 289.9 284.9 252.8 112.2 117.9 114.2 110.5 17,951.2 103.3 46.9 43.8 40.6 37.5 37.5 37.5 37.5 37.5 0 0 0 0
Deferred Revenue 640 204 361 509 612 236 375 497 590 200 334 437 562 170 315 473 589 194 322 428 523 158 267 383 504 129 247 360 479 135 249 372 468 121 228 338 440 114 217 330 429 98 186 294 367 69 139 271 348 42,216 43,440.7 35,328.1 33,630.4 31,882.5 32,530.8 34,686.7 31,269.5 31,555.8 94.4 65.2 72.7 60.1 23,879.0 61.8 75.5 68.2 42.1 50.4 41.1 56.5 12.1 7.0 23.9 12.4 11.6 8.8 2.6 2.8 2.0 1.4
Other Current Liabilities 117,971 76,907 83,732 86,394 83,598 82,322 78,975 80,259 74,273 79,117 79,433 87,037 102,334 142,174 156,977 164,645 161,406 146,089 108,894 92,495 85,879 81,783 86,035 94,070 109,111 65,184 66,153 61,606 64,847 64,116 58,894 55,113 54,155 51,631 52,532 53,722 52,545 55,261 49,954 48,603 52,556 51,325 46,592 43,825 45,981 47,677 46,842 47,269 43,209 42,488 43,540.6 71.7 65.2 74.7 61.9 71.1 64.0 47.7 34,547.3 26,935.8 24,559.2 37.1 61.3 20,598.1 18,720.8 16,448.9 31.1 12,711.3 12,156.3 1,410.7 828.8 985.0 821.8 789.4 783.3 670.8 3.9 7.5 6.0 14.1
Total Current Liabilities 125,689 84,116 89,780 93,443 92,720 89,553 84,562 87,464 80,048 84,626 85,282 90,204 106,006 149,171 166,321 169,422 168,479 153,411 112,032 94,250 89,402 87,999 89,686 96,193 113,526 68,816 68,534 64,131 67,035 66,108 61,065 58,894 57,946 54,171 54,600 56,819 56,006 58,617 52,354 51,438 55,636 54,743 48,458 45,580 48,798 50,539 49,337 49,670 45,403 44,342 44,145.8 35,644.8 33,909.6 32,245.7 32,810.3 34,955.5 31,550.5 31,800.3 34,928.7 27,373.0 24,985.7 23,127.4 24,158.7 20,829.2 18,967.8 16,687.4 18,076.4 12,911.2 12,311.6 1,558.3 912.5 1,054.5 911.0 872.7 872.0 758.8 37.9 35.3 25.7 28.2
Non-Current Liabilities
Long-Term Debt 18,619 18,609 17,366 17,358 17,349 17,341 18,581 18,573 20,068 20,659 21,042 18,128 18,123 18,118 18,113 18,109 12,401 12,397 12,394 14,135 14,131 14,126 14,869 7,703 5,252 5,250 6,496 6,494 6,492 6,490 6,488 4,271 4,269 4,267 4,865 3,874 3,872 3,871 4,720 4,719 4,718 4,717 2,247 2,247 2,247 2,247 2,247 2,248 3,584 3,923 341.8 754.0 861.7 969 800 812.5 825 837.5 453.6 274.6 348.0 325.8 367.2 253.5 281.9 310.4 338.2 360.8 332.5 345 162.5 175 184.4 193.8 203.1 212.5 0 0 0 0
Deferred Tax Liabilities 4,136 3,998 4,000 3,805 3,848 3,904 3,855 3,950 4,030 4,080 4,210 3,256 3,409 3,493 3,565 3,945 4,011 4,100 3,689 3,711 3,527 3,563 3,567 2,317 2,312 2,314 2,281 2,296 2,308 2,337 2,275 2,284 2,292 2,298 2,989 2,915 2,985 2,958 2,841 2,903 2,893 2,837 1,870 1,902 1,913 2,028 2,137 2,197 2,809 2,594 192.4 205.4 214.4 216 216.0 220.5 232.4 235.9 240.7 265.2 271.5 268.2 161.5 167.1 181.1 208.8 194.5 192.8 194.3 191.9 107.4 111.2 108.7 115.2 47.7 55.7 0 4.3 6.5 5.5
Other Non-Current Liabilities 556 538 570 584 570 575 612 628 637 634 670 588 568 541 606 603 606 594 594 602 594 565 497 484 477 468 484 493 515 554 560 558 549 539 645 783 776 767 803 801 799 815 871 892 976 998 778 827 889 881 118.9 115.5 110.1 107 107.8 108.9 108.3 111.8 116.2 41.5 45.6 104.1 88.2 19.2 93.8 17.8 24.0 34.0 26.0 105.3 115.6 117.7 115.4 116.2 119.5 27.8 0.8 1.8 1.4 1.3
Total Non-Current Liabilities 23,926 23,780 22,412 22,205 22,107 22,155 23,366 23,474 25,060 25,672 26,228 22,190 22,333 22,406 22,551 22,924 17,306 17,343 16,951 18,735 18,558 18,574 19,248 10,778 8,313 8,313 9,548 9,581 9,621 9,381 9,323 7,113 7,110 7,141 8,499 7,572 7,633 7,596 8,364 8,423 8,410 8,369 4,988 5,041 5,136 5,183 5,162 5,272 7,282 7,539 653.0 1,074.9 1,186.2 1,292.6 1,123.8 1,141.9 1,165.7 1,185.2 726.9 581.3 665.1 698.1 617.0 439.7 483.4 536.9 556.7 587.6 635.8 642.2 385.6 403.9 408.5 425.1 370.3 296.0 0.8 6.1 7.9 6.8
Total Liabilities 149,615 107,896 112,192 115,648 114,827 111,708 107,928 110,938 105,108 110,298 111,510 112,394 128,339 171,577 188,872 192,346 185,785 170,754 128,983 112,985 107,960 106,573 108,934 106,971 121,839 77,129 78,082 73,712 76,656 75,489 70,388 66,007 65,056 61,312 63,099 64,391 63,639 66,213 60,718 59,861 64,046 63,112 53,446 50,621 53,934 55,722 54,499 54,942 52,685 51,881 44,798.9 36,719.7 35,095.9 33,538.3 33,934.1 36,097.4 32,716.2 32,985.5 35,655.6 27,954.3 25,650.8 23,825.5 24,775.7 21,268.9 19,451.2 17,224.3 18,633.1 13,498.8 12,947.4 2,200.5 1,298.1 1,458.4 1,319.5 1,297.8 1,242.3 1,054.8 38.7 41.4 33.6 35.0
Stockholders' Equity
Common Stock 7 7 7 7 7 7 7 7 7 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 1 1 1 1 1 1 1 1 1 1 1 1 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.6 0.6 0.6 0.6
Retained Earnings 21,397 20,281 19,704 19,164 18,590 18,071 17,632 17,236 16,865 16,356 16,225 15,925 15,362 14,943 14,731 15,135 14,793 14,350 13,009 12,563 11,498 11,039 10,682 10,462 10,103 9,629 9,335 8,961 8,644 8,317 7,818 7,498 7,182 6,825 5,718 5,468 5,171 4,789 4,911 4,669 4,415 4,148 3,863 3,641 3,441 3,210 3,000 2,878 2,704 2,482 2,938.8 2,797.4 2,644.1 2,508.7 2,379.2 2,248.1 2,105.0 1,957.1 1,830.3 1,697.7 1,576.3 1,447.4 1,252.0 1,150.3 1,049.1 964.9 877.4 805.4 732.8 683.8 608.9 524.0 431.7 367.1 300.4 246.7 191.2 142.2 98.5 67.6
Accumulated Other Comprehensive Income (251) (224) (247) (218) (303) (338) (251) (309) (305) (294) (331) (284) (315) (331) (403) (305) (221) (196) (206) (174) (184) (192) (273) (321) (333) (243) (348) (309) (290) (315) (274) (265) (190) (223) (322) (367) (427) (344) (316) (258) (208) (188) (191) (68) (153) (46) 244 582 464 359 (117.5) (158.4) (110.4) (52.6) (27.1) (81.5) 70.9 (21.3) (74.7) 58.1 60.3 37.7 25.0 18.5 24.6 29.3 28.7 18.0 19.9 27.2 29.1 28.6 30.7 28.7 27.5 27.4 27.4 27.3 28.1 20.2
Total Stockholders' Equity 29,562 28,915 28,644 28,444 27,974 27,647 27,233 26,687 26,239 25,717 25,459 23,820 23,167 22,706 22,379 22,814 22,667 22,709 21,559 21,080 19,963 19,498 19,021 16,953 16,939 17,255 17,161 17,115 17,106 17,201 16,832 16,805 16,978 16,924 15,992 15,898 15,755 15,717 15,512 15,292 15,048 14,808 12,340 12,410 12,297 12,360 12,614 13,243 12,915 12,583 4,041.9 3,847.2 3,720.4 3,643.4 3,575.9 3,375.7 3,372.6 3,121.5 2,973.8 3,049.2 2,937.4 2,777.6 2,638.0 2,509.5 2,399.7 2,302.3 2,195.1 2,090.5 2,006.2 1,954.6 1,698.0 1,594.5 1,476.9 1,386.4 1,306.0 1,240.1 454.5 379.4 316.6 256.7
Total Liabilities & Equity 179,177 136,887 140,901 144,175 142,870 139,428 135,201 137,682 131,397 136,084 137,022 136,283 151,550 194,338 211,292 215,207 208,488 193,502 150,662 134,190 128,045 126,200 128,080 124,060 138,901 94,493 95,339 90,930 93,857 92,791 87,242 82,847 82,062 78,264 79,118 80,324 79,463 82,003 76,296 75,224 79,160 77,987 65,856 63,104 66,428 68,254 67,286 68,482 65,921 64,422 48,884.9 40,613.7 38,858.5 37,215 37,540.1 39,504.8 36,124.1 36,147.9 38,666.7 31,040.9 28,622.5 26,642.3 27,449.9 23,813.8 21,884.9 19,561.7 20,864.0 15,624.9 14,959.6 4,160.9 2,996.1 3,052.9 2,796.3 2,684.2 2,548.2 2,294.9 493.2 420.9 350.2 291.7
Debt Metrics
Total Debt 20,985 20,279 19,509 19,666 20,621 20,703 21,518 22,130 22,309 22,912 23,605 18,346 18,356 18,376 18,387 18,380 14,466 14,170 14,499 14,740 16,505 16,857 17,647 8,682 8,595 8,100 8,112 8,095 7,803 7,441 7,686 6,916 6,892 6,100 6,062 5,897 6,248 6,364 6,305 6,530 6,766 7,308 3,500 3,263 4,193 4,289 4,136 3,931 4,881 5,058 790.6 802.8 910.5 1,132.5 850 862.5 875 887.5 706.1 564.5 633.0 578.5 479.5 371.4 396.2 420.9 18,289.3 464.1 379.4 388.8 203.1 212.5 221.9 231.2 240.6 250 0 0 0 0
Net Debt 19,491 19,442 18,659 18,663 19,838 19,859 20,763 21,245 21,446 22,013 22,768 15,469 16,287 16,577 17,204 17,550 13,828 13,563 13,881 14,138 15,943 16,274 17,037 7,802 8,012 7,259 7,457 7,258 7,150 6,717 7,171 6,384 6,369 5,565 5,643 5,499 5,888 5,957 5,847 6,140 6,298 6,681 2,813 2,585 3,441 3,625 3,498 1,874 3,917 4,097 (746.7) (654.3) (480.3) (480) (391.2) (219.5) (93.4) 64.6 (34,355.9) (192.1) (61.3) (43.3) 172.4 (240.9) (245.0) 29.3 144.6 234.5 191.5 147.0 (159.7) (3.4) 102.3 138.4 119.8 135.1 (204.3) (70.2) (54.1) (8.2)
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
Operating Activities
Net Income 1,432 862 831 865 812 709 671 632 767 390 559 815 674 440 (175) 555 667 1,529 637 1,253 650 528 394 528 658 453 537 478 492 619 465 462 474 1,231 375 426 510 359 350 363 377 373 310 289 323 294 223 215 273 (170.1) 145.0 157.9 137.2 132.6 134.1 145.3 149.8 130.3 136.9 121.4 128.9 101.8 99.9 102.5 103.5 83.0 86.9 72.1 72.2 48.9 75.0 84.9 92.3 64.7 66.7 53.7 55.6 49.0 43.6 31.0 19.7
Depreciation & Amortization 384 389 387 395 389 389 386 381 381 379 309 267 260 263 258 256 254 250 253 251 255 257 180 157 157 189 158 157 158 157 148 143 138 131 128 142 134 140 181 146 143 98 94 93 89 89 83 73 88 61.4 34.4 33.1 32.2 33.5 32.9 32.1 32.0 33.2 33.1 32.8 33.1 33.3 31.7 27.9 28.2 28.6 27.9 27.6 27.3 26.8 14.9 11.0 11.1 9.8 9.1 7.9 6.6 3.9 3.4 3.3 3.2
Stock-Based Compensation 78 69 54 58 57 60 57 57 57 93 79 45 40 39 40 38 38 76 39 37 36 34 32 32 41 39 36 35 29 37 32 32 29 33 34 34 34 34 30 31 29 32 32 23 24 24 24 27 22 22.2 11.9 14.9 15.0 12.1 11.7 14.1 14.2 12.4 13.6 13.2 13.7 10.9 12.2 14.4 11.9 17.4 13.9 12.0 9.8 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (305) (24) (495) 232 (217) 285 (166) 165 (221) (7) (233) 135 (283) 230 (123) 184 (168) 61 (356) 383 (175) 254 (200) 139 (322) 83 (213) 77 24 79 (144) 32 (63) 108 (288) (132) 82 22 (125) (54) 15 (36) (292) (73) 80 91 (196) 27 186 37.4 2.5 36.7 (23.6) (12.1) 36.9 (4.4) (2.9) (10.1) 30.3 3.0 (18.7) 12.1 (16.6) 6.2 (35.0) 61.0 (9.2) (2.5) (27.4) (14.8) 17.5 16.8 (0.8) 35.9 16.3 1.7 10.4 22.7 12.7 (3.8) (5.1)
Other Non-Cash Items (403) (15) 50 5 (15) 6 33 27 75 196 62 46 45 198 1,105 (3) 51 (1,326) (30) (1,227) (10) (32) (38) 1 (11) (6) (8) (5) (21) (123) (7) (5) 1 (119) (6) 56 (177) (8) (2) 1 3 (1) 1 (13) (27) (35) (23) 32 (24) 203.7 1.0 (0.9) (1.9) (1.6) (1.3) 0.7 (2.5) 1.8 2.5 3.2 0.9 0.0 (0.3) 12.7 (0.9) 4.2 (2.1) (3.9) (0.8) 9.3 5.4 2.7 (24.7) (2.5) (2.8) (4.1) (28.5) (14.1) (9.9) (10.2) (0.7)
Operating Cash Flow 1,326 1,275 915 1,506 966 1,506 898 1,196 1,009 969 768 1,152 653 1,092 737 969 756 993 523 873 734 1,066 437 858 520 777 500 728 654 798 499 663 573 675 312 487 611 641 405 506 597 421 120 305 465 541 82 372 519 173.2 180.0 231.6 150.3 160.2 207.1 179.9 185.6 172.0 219.7 165.7 155.4 155.2 119.3 157.8 101.6 195.3 120.0 103.6 67.7 75.7 107.9 112.2 79.3 102.2 90.8 64.0 30.8 61.8 45.4 21.6 17.1
Investing Activities
Capital Expenditure (176) (166) (62) (60) (85) (276) (79) (165) (145) (163) (123) (118) (85) (157) (121) (101) (103) (124) (88) (124) (116) (142) (124) (85) (59) (102) (69) (69) (65) (119) (53) (57) (51) (117) (90) (84) (66) (111) (97) (101) (56) (85) (56) (76) (60) (89) (63) (47) (51) (77.1) (54.0) (25.3) (24.6) (17.9) (16.9) (17.9) (15.2) (45.0) (12.8) (17.4) (12.5) (10.7) (12.8) (13.5) (10.7) (16.2) (10.1) (10.5) (7.9) (19.2) (14.6) (8.7) (6.4) (11.4) (59.5) (12.3) (21.1) (6.7) (5.5) (4.3) (3.3)
Acquisitions 0 0 (6) (2) (11) (6) (6) (8) 0 (41) (10,146) (5) (2,142) (743) 22 0 0 (56) (4) (6) 0 (7) (9,188) (2) (249) 16 0 (333) 25 (95) (746) (5) (400) 2 (1) 426 22 (425) 0 0 0 (3,751) 0 0 (60) (308) 171 1,976 (142) (2,191.8) 0 (5.2) (44.0) 0 (18.2) 0 0 (10.4) 0 0 (3.2) (0.0) (553.0) 0 10.7 0.0 0.0 2.0 (39.8) (9.5) (7.7) 0 (29.6) (24.4) (63.6) 0.1 (392.3) 0 0 0 0
Purchases of Investments (802) (4,332) (1,355) (1,129) (183) 0 0 (931) (600) 944 (7) (1,263) (463) (4) (5,530) (823) (651) 0 0 0 (1,140) 142 124 85 15 102 0 69 26 (1) 0 (1) (304) (327) 0 0 0 0 0 0 0 (5) 0 0 0 1,262 (1,302) 4 (6) (5.5) 0.0 0 0 0 0 0 0 3.8 (514.2) (2.2) (1.4) (0.7) (15.5) (14.5) (2.6) (1.2) (9.0) (18.4) (63.2) 0.0 (2.0) (45.2) (55.4) (92.0) (65.7) (102.2) (72.5) (109.4) (74.3) (71.1) (54.4)
Sales/Maturities of Investments 0 1,502 1,448 2,373 100 0 0 914 932 191 399 482 2,605 (968) 470 2,847 1,709 0 0 1,237 1,700 (1) 2 (3) 6 (44) (40) 40 44 119 0 57 14 117 0 0 0 0 0 0 0 5 0 1,084 0 (38) 26 18 10 16 0 0 0 0 0 0.0 0 45.0 0 0 2.0 15.5 2 0 2 16.5 9.4 0.8 5.4 0.4 12.6 97.8 126.2 51.3 76.6 54.4 90.5 206.8 31.4 81.3 26.6
Other Investing Activities (442) 14 0 (114) (1,974) (638) 12 3 72 (325) (670) 3 2,130 4,910 (45) 38 (73) (1,993) (2) (7) 0 (120) (124) (85) (15) (54) (1) (69) (70) (42) (37) (57) (14) 290 9 (25) (64) (56) 93 (142) (3) (308) 3 (23) 34 (1,280) 6 (555) (60) (5.5) (23.3) (35.2) (47.5) (4.2) 0.7 (27.7) (0.7) (57.8) 8.1 5.9 (2.8) (18.6) 634.4 (634.4) (10.7) 0 0 0 0 3.9 (104.1) (5.7) (2.5) (1.5) (4.1) 3.6 8.7 (41.6) (2.5) (0.4) (0.2)
Investing Cash Flow (1,420) (3,082) (82) 1,068 (2,153) (920) (73) (187) 259 606 (10,547) (901) 2,045 3,038 (5,204) 1,961 882 (2,111) (94) 1,100 444 (128) (9,310) (90) (302) (82) (110) (362) (40) (138) (799) (63) (755) (35) (82) 317 (108) (592) (4) (243) (59) (4,144) (53) 985 (86) (453) (1,162) 1,396 (249) (2,263.9) (77.2) (65.7) (116.2) (22.1) (34.4) (45.5) (15.9) (64.4) (518.9) (13.7) (17.9) (14.5) 55.2 (662.5) (11.3) (0.8) (9.7) (26.1) (105.6) (24.4) (115.8) 38.1 32.2 (78.0) (116.3) (56.3) (386.7) 49.0 (50.9) 5.5 (31.3)
Financing Activities
Net Debt Issuance 716 (632) (184) (1,082) (96) (841) (616) (929) (638) 1,583 2,775 0 (4) (3) 3 3,918 256 2 0 (1,749) (343) (801) 7,155 0 503 (1) 31 293 54 0 0 23 789 (1) 24 (352) (117) 57 (225) (238) (543) (347) 237 (953) 35 216 322 (929) (161) 1,661.9 (12) (108) (222) 282.5 (12.5) (12.5) (12.5) 286 144.2 (65.8) (55.5) (45.3) 156.0 194.6 (24.1) (22.5) (31.1) (17.7) (10.9) (9.6) 185.5 (10.9) (9.4) (9.4) (9.4) (7.3) 247.9 0 0 0 0
Stock Repurchased (646) (400) (398) (255) (336) (4) (4) (2) (71) (25) (3) (1) (49) (1) (1) (159) (544) (251) (2) (2) (65) (2) (148) (403) (768) (341) (344) (343) (497) (141) (302) (463) (372) (243) (244) (244) (306) (53) (3) (1) (47) (58) (209) (206) (232) (203) (450) (1) (36) (53.5) (3) (1) (20) (52.4) (1.6) (4.5) (14.0) (53.8) (101.4) (25.9) (9.4) (81.7) (91.1) (0.8) (7.2) 0 (0.7) (0.5) (7.3) 43.5 (301.6) (1.4) (40.6) (3.8) (2.5) 0 0 0 (3.7) 0 (0.0)
Dividends Paid (297) (274) (276) (277) (278) (259) (261) (261) (258) (242) (241) (236) (236) (213) (213) (213) (214) (186) (187) (187) (187) (169) (170) (164) (166) (154) (155) (155) (157) (138) (138) (139) (140) (118) (119) (119) (120) (102) (102) (103) (102) (89) (84) (85) (73) (74) (74) (75) (76) (75) 0 0 0 0 0 0 0 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 Financing Activities 41,145 (4,096) (2,929) 2,186 2,993 3,900 (1,450) 6,328 (4,555) (2,950) (7,356) (15,298) (42,062) (17,997) (2,654) 2,014 14,180 41,295 (221) 6,312 1,483 7 1,761 89 20 (6) (1) 19 4 (165) 722 8 (7) (75) 126 (55) (8) 2 (5) 8 (5) 4,162 (1) (123) 2 6 (131) 325 7 (38.7) (7) 7 (10) 3.0 (1.0) (2.8) 0.7 (12.4) (2.9) 3.9 (2.0) 70.5 (8.9) 5.9 1.6 (11.7) 13.2 11.0 3.1 (44.0) 2.1 7.3 34.7 13.2 7.2 22.9 15.2 15.8 16.2 11.7 (0.3)
Financing Cash Flow 40,918 (5,402) (3,787) 572 2,283 2,796 (2,331) 5,136 (5,522) (1,634) (4,825) (15,535) (42,351) (18,214) (2,865) 5,560 13,678 40,860 (410) 4,374 888 (965) 8,598 (478) (411) (502) (469) (186) (596) (444) 282 (571) 270 (437) (213) (770) (551) (96) (335) (334) (697) 3,668 (57) (1,367) (268) (55) (333) (680) (266) 1,494.7 (22.1) (101.3) (252.4) 233.1 (15.1) (19.9) (25.8) 219.8 40.0 (87.8) (66.9) (56.4) 55.9 199.6 (29.7) (34.3) (18.6) (7.2) (15.1) (9.0) (113.5) (3.4) (15.3) 2.5 (2.6) (1.6) 266.5 23.2 19.5 17.9 2.5
Cash Position
Net Change in Cash 40,816 (388) (282) 3,171 1,106 3,361 (1,494) 47 (4,259) (45) (14,617) (15,279) (39,652) (14,066) (7,354) 8,472 15,315 39,740 15 6,348 2,065 (20) (270) 295 (202) 199 (82) 180 19 210 (18) 22 90 1,149 21 38 (47) (51) 68 (78) (159) (60) 9 (74) 100 14 (1,419) 1,093 3 (576.3) 80.2 66.2 (221.4) 371.0 159.2 113.6 145.4 325.6 (259.4) 62.4 72.5 82.6 232.1 (305.2) 59.8 160.8 91.2 70.9 (53.9) 41.8 (121.1) 147.0 96.3 26.8 (28.0) 6.0 (89.4) 134.1 16.1 45.9 (11.8)
Cash at Beginning 78,614 1,973 2,255 84,503 84,503 81,142 82,636 2,090 80,750 80,795 95,412 110,691 150,343 164,409 171,763 163,291 147,976 108,236 2,046 85,684 83,619 2,011 2,281 1,986 2,188 1,989 2,071 1,891 1,872 1,662 1,680 1,658 1,568 419 398 360 407 458 390 468 627 687 678 752 652 638 2,057 964 961 1,537.3 1,457.0 1,390.8 1,612.2 1,241.2 1,082.0 968.4 822.9 497.3 756.7 694.3 621.8 539.2 307.1 612.3 552.5 391.6 300.5 229.6 283.5 241.7 362.9 215.9 119.6 92.8 120.9 114.9 204.3 70.2 54.1 8.2 20.0
Cash at End 119,430 1,585 1,973 87,674 85,609 84,503 81,142 2,137 76,491 80,750 80,795 95,412 110,691 150,343 164,409 171,763 163,291 147,976 2,061 92,032 85,684 1,991 2,011 2,281 1,986 2,188 1,989 2,071 1,891 1,872 1,662 1,680 1,658 1,568 419 398 360 407 458 390 468 627 687 678 752 652 638 2,057 964 961 1,537.3 1,457.0 1,390.8 1,612.2 1,241.2 1,082.0 968.4 822.9 497.3 756.7 694.3 621.8 539.2 307.1 612.3 552.5 391.6 300.5 229.6 283.5 241.7 362.9 215.9 119.6 92.8 120.9 114.9 204.3 70.2 54.1 8.2
Free Cash Flow 1,150 1,109 853 1,446 881 1,230 819 1,031 864 806 645 1,034 568 935 616 868 653 869 435 749 618 924 313 773 461 675 431 659 589 679 446 606 522 558 222 403 545 530 308 405 541 336 64 229 405 452 19 325 468 96.1 126.1 206.2 125.6 142.4 190.2 162.1 170.5 126.9 207.0 148.3 142.9 144.4 106.5 144.2 90.8 179.1 109.8 93.1 59.8 56.5 93.3 103.5 72.9 90.8 31.3 51.7 9.7 55.1 39.9 17.4 13.8
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
Income Statement
Revenue 3,666 3,140 3,007 3,262 3,229 3,030 3,033 2,897 2,801 2,666 2,429 2,336 2,472 2,377 2,387 2,413 2,459 2,328 2,277 2,134 2,429 2,233 1,930 1,966 2,115 1,667 1,663 1,634 1,583 1,677 1,463 1,556 1,580 1,439 1,435 1,496 1,471 1,484 1,416 1,504 1,554 1,302 1,187 1,096 1,180 1,144 1,010 1,016 1,063 733.6 338 372 352 323.4 323.2 351.2 365.2 327.2 340.8 325.2 334.3 285.0 287.1 296.2 281.6 256.6 256.3 250.4 231.6 207.3 201.4 197.2 207.2 159.3 151.7 136.7 126.6 95.3 94.7 73.6 50.3
Gross Profit 2,977 2,504 1,709 1,829 1,779 1,619 1,650 1,630 1,623 1,504 1,419 1,364 1,372 1,249 1,298 1,290 1,365 1,300 1,260 1,177 1,281 1,171 982 996 1,150 901 949 926 915 934 842 897 880 814 813 847 821 804 749 801 826 653 617 606 648 604 556 557 596 441.1 265 293 275 255.6 250.3 274.8 285.4 53.7 264.3 251.0 261.1 276.3 278.9 286.6 272.5 246.9 246.4 194.8 218.7 143.5 192.4 190.2 200.2 117.9 122.1 108.2 98.3 75.7 75.7 58.4 36.0
Operating Income 1,665 1,204 1,174 1,297 1,221 1,077 1,103 1,066 1,063 925 845 955 969 864 913 869 992 880 878 799 892 780 627 744 882 622 706 680 665 676 602 655 650 592 596 609 582 558 474 551 584 418 440 430 462 400 330 327 391 163.1 202 225 200 192.4 194.1 215.4 225.2 194.8 204.0 190.9 203.3 158.6 151.6 178.3 163.8 123.9 140.0 135.0 113.8 97.3 119.1 132.8 144.3 96.5 100.9 76.5 79.6 64.2 65.4 47.4 27.7
Net Income 1,413 840 816 851 797 698 657 632 767 373 541 799 655 425 (191) 555 657 1,527 633 1,252 646 526 390 523 650 448 529 472 484 611 458 455 464 1,225 371 419 503 352 344 357 369 370 306 283 315 288 206 226 261 (176.1) 141 154 135 129.5 131.1 143.2 147.9 126.8 132.6 121.4 128.9 99.1 96.3 101.7 101.2 84.3 87.5 72.1 72.2 48.9 75.0 84.9 92.3 64.7 66.7 53.7 55.6 49.0 43.6 31.0 19.7
EPS (Diluted) 2.48 1.49 1.42 1.48 1.38 1.21 1.14 1.10 1.33 0.65 0.96 1.42 1.17 0.76 -0.34 0.99 1.16 2.70 1.12 2.22 1.14 0.93 0.71 0.95 1.17 0.80 0.94 0.84 0.85 1.07 0.79 0.78 0.79 2.08 0.63 0.71 0.84 0.59 0.57 0.60 0.62 0.66 0.55 0.51 0.56 0.51 0.36 0.39 0.45 -0.31 0.38 0.42 0.37 0.35 0.36 0.39 0.40 0.35 0.36 0.33 0.35 0.27 0.26 0.27 0.27 0.23 0.24 0.19 0.20 0.14 0.21 0.24 0.26 0.19 0.19 0.15 0.16 0.17 0.15 0.10 0.07
Balance Sheet
Cash & Equivalents 1,494 837 850 1,003 783 844 755 885 863 899 837 2,877 2,069 1,799 1,183 830 638 607 618 602 562 583 610 880 583 841 655 837 653 724 515 532 523 535 419 398 360 407 458 390 468 627 687 678 752 652 638 2,057 964 961 1,537.3 1,457.0 1,390.8 1,612 1,241.2 1,082.0 968.4 822.9 34,957.4 756.7 694.3 621.8 307.1 612.3 552.5 391.6 300.5 229.6 283.5 241.7 362.9 215.9 119.6 92.8 120.9 114.9 204.3 70.2 54.1 8.2
Total Assets 179,177 136,887 140,901 144,175 142,870 139,428 135,201 137,682 131,397 136,084 137,022 136,283 151,550 194,338 211,292 215,207 208,488 193,502 150,662 134,190 128,045 126,200 128,080 124,060 138,901 94,493 95,339 90,930 93,857 92,791 87,242 82,847 82,062 78,264 79,118 80,324 79,463 82,003 76,296 75,224 79,160 77,987 65,856 63,104 66,428 68,279 67,286 68,482 65,921 64,818 48,884.9 40,613.7 38,858.5 37,214.8 37,540.1 39,504.8 36,124.1 36,147.9 38,666.7 31,040.9 28,622.5 26,642.3 27,449.9 23,813.8 21,884.9 19,561.7 20,864.0 15,624.9 14,959.6 4,160.9 2,996.1 3,052.9 2,796.3 2,684.2 2,548.2 2,294.9 493.2 420.9 350.2 291.7
Total Debt 20,985 20,279 19,509 19,666 20,621 20,703 21,518 22,130 22,309 22,912 23,605 18,346 18,356 18,376 18,387 18,380 14,466 14,170 14,499 14,740 16,505 16,857 17,647 8,682 8,595 8,100 8,112 8,095 7,803 7,441 7,686 6,916 6,892 6,100 6,062 5,897 6,248 6,364 6,305 6,530 6,766 7,308 3,500 3,263 4,193 4,289 4,136 3,931 4,881 5,058 790.6 802.8 910.5 1,132.5 850 862.5 875 887.5 706.1 564.5 633.0 578.5 479.5 371.4 396.2 420.9 18,289.3 464.1 379.4 388.8 203.1 212.5 221.9 231.2 240.6 250 0 0 0 0
Stockholders' Equity 29,562 28,915 28,644 28,444 27,974 27,647 27,233 26,687 26,239 25,717 25,459 23,820 23,167 22,706 22,379 22,814 22,667 22,709 21,559 21,080 19,963 19,498 19,021 16,953 16,939 17,255 17,161 17,115 17,106 17,201 16,832 16,805 16,978 16,924 15,992 15,898 15,755 15,717 15,512 15,292 15,048 14,808 12,340 12,410 12,297 12,360 12,614 13,243 12,915 12,583 4,041.9 3,847.2 3,720.4 3,643.4 3,575.9 3,375.7 3,372.6 3,121.5 2,973.8 3,049.2 2,937.4 2,777.6 2,638.0 2,509.5 2,399.7 2,302.3 2,195.1 2,090.5 2,006.2 1,954.6 1,698.0 1,594.5 1,476.9 1,386.4 1,306.0 1,240.1 454.5 379.4 316.6 256.7
Cash Flow
Operating Cash Flow 1,326 1,275 915 1,506 966 1,506 898 1,196 1,009 969 768 1,152 653 1,092 737 969 756 993 523 873 734 1,066 437 858 520 777 500 728 654 798 499 663 573 675 312 487 611 641 405 506 597 421 120 305 465 541 82 372 519 173.2 180.0 231.6 150.3 160.2 207.1 179.9 185.6 172.0 219.7 165.7 155.4 155.2 119.3 157.8 101.6 195.3 120.0 103.6 67.7 75.7 107.9 112.2 79.3 102.2 90.8 64.0 30.8 61.8 45.4 21.6 17.1
Capital Expenditure (176) (166) (62) (60) (85) (276) (79) (165) (145) (163) (123) (118) (85) (157) (121) (101) (103) (124) (88) (124) (116) (142) (124) (85) (59) (102) (69) (69) (65) (119) (53) (57) (51) (117) (90) (84) (66) (111) (97) (101) (56) (85) (56) (76) (60) (89) (63) (47) (51) (77.1) (54.0) (25.3) (24.6) (17.9) (16.9) (17.9) (15.2) (45.0) (12.8) (17.4) (12.5) (10.7) (12.8) (13.5) (10.7) (16.2) (10.1) (10.5) (7.9) (19.2) (14.6) (8.7) (6.4) (11.4) (59.5) (12.3) (21.1) (6.7) (5.5) (4.3) (3.3)
Free Cash Flow 1,150 1,109 853 1,446 881 1,230 819 1,031 864 806 645 1,034 568 935 616 868 653 869 435 749 618 924 313 773 461 675 431 659 589 679 446 606 522 558 222 403 545 530 308 405 541 336 64 229 405 452 19 325 468 96.1 126.1 206.2 125.6 142.4 190.2 162.1 170.5 126.9 207.0 148.3 142.9 144.4 106.5 144.2 90.8 179.1 109.8 93.1 59.8 56.5 93.3 103.5 72.9 90.8 31.3 51.7 9.7 55.1 39.9 17.4 13.8