Intuitive Surgical, Inc. logo ISRG - Intuitive Surgical, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 38
HOLD 12
SELL 5
STRONG
SELL
0
| PRICE TARGET: $622.60 DETAILS
HIGH: $750.00
LOW: $525.00
MEDIAN: $618.00
CONSENSUS: $622.60
UPSIDE: 42.90%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 2,770.8 2,866.2 2,505.1 2,440 2,253.4 2,413.5 2,038.1 2,009.9 1,890.6 1,928.3 1,743.7 1,755.9 1,696.2 1,655 1,557.4 1,522.1 1,487.7 1,550.7 1,403.3 1,464 1,292.1 1,329.1 1,077.7 852.1 1,099.5 1,277.7 1,128.2 1,098.9 973.7 1,046.5 920.9 909.3 847.5 892.4 806.1 756.2 674.2 756.9 682.9 670.1 594.5 676.5 589.7 586.1 532.1 604.7 550.1 512.2 464.7 576.2 499 578.5 611.4 609.3 537.8 536.5 495.2 496.8 446.7 425.7 388.1 389.3 344.4 350.7 328.6 323.0 280.1 260.6 188.4 231.5 236.0 219.2 188.2 189.4 156.9 140.2 114.2 112.6 95.8 87.0 77.3 72.1 60.9 52.8 41.6 45.2 35.5 31.1 27.1 27.6 21.5 21.1 19.4 16.0 12.7 12.1 10.7 7.9 5.1 2.9
Cost of Revenue 940.3 961.9 842.7 822.1 795.7 771.3 664.2 637.2 645.2 650.9 576.5 584 583.2 544.1 505.3 498.8 478 489.9 431.9 440.3 389.5 433.3 353.4 349.2 361.3 381.7 342.6 339.9 304.1 310.8 278.6 277 253.7 259.1 239.3 228.3 208.1 229.7 195.9 199.2 189.5 217.7 193.9 199.6 195.3 211.3 189.5 167.8 149.3 178.2 142.3 173.3 177.1 171.4 147.7 150.1 139.3 133.9 121.2 119.1 109.3 107.2 93.8 93.9 88.1 89.9 81.1 70.4 59.7 66.2 66.4 63.1 58.4 54.2 48.4 46.1 37.7 37.6 33.6 28.0 25.6 23.5 18.8 17.1 14.4 15.4 12.8 11.4 11.2 20.6 7.9 9.5 9.2 9.2 6.7 6.1 5.9 3.4 2.2 1.8
Gross Profit 1,830.5 1,904.3 1,662.4 1,617.9 1,457.7 1,642.2 1,373.9 1,372.7 1,245.4 1,277.4 1,167.2 1,171.9 1,113 1,110.9 1,052.1 1,023.3 1,009.7 1,060.8 971.4 1,023.7 902.6 895.8 724.3 502.9 738.2 896 785.6 759 669.6 735.7 642.3 632.3 593.8 633.3 566.8 527.9 466.1 527.2 487 470.9 405 458.8 395.8 386.5 336.8 393.4 360.6 344.4 315.4 398 356.7 405.2 434.3 437.9 390.1 386.4 355.9 362.9 325.5 306.6 278.8 282.1 250.6 256.8 240.5 233.2 199.0 190.2 128.7 165.3 169.6 156.1 129.8 135.2 108.5 94.1 76.5 74.9 62.2 59.0 51.7 48.6 42.1 35.6 27.3 29.8 22.7 19.6 15.8 7.0 13.5 11.6 10.2 6.8 6.1 5.9 4.8 4.5 2.9 1.1
Operating Expenses
R&D Expenses 361.9 352.9 329.4 313.3 316.2 294.7 286 280.1 284.5 260.1 249.4 244.4 244.9 244.1 217.1 207.3 210.5 183.4 165.5 162.3 159.8 149.8 155 143.2 147.1 156.6 135.9 120.8 144 119.9 107.6 95.1 95.5 87.1 83.4 84.6 73.5 69.1 62.6 54.7 53.2 52.6 51 49.4 44.4 47.3 47.5 40.2 43 41.7 43.2 41.2 41.6 41.7 49.7 40.2 38.4 41.4 35.4 32 31.4 32.6 26.9 28.5 28 25.8 24.6 23.4 21.3 20.9 21.9 20.4 16.3 16.1 14.3 10.2 8.2 8.4 8.0 7.2 6.1 4.3 4.6 4.4 4.1 4.2 4.6 3.6 5.3 4.7 3.6 4.0 4.6 3.8 3.3 3.2 3.1 3.2 2.8 2.6
SG&A Expenses 613.3 687.1 573.3 561.2 563.4 612.6 510.6 525.3 491.5 567.1 452 464.3 480.5 494.3 436.1 418.4 391.1 427 363.3 350.2 326 330.2 298.9 279.1 308.1 341.8 284 279.2 273.4 283.8 221.4 259.8 221.6 219.2 204.8 185.8 201.1 193.7 168 170.8 172.8 160.3 154.9 163.3 162 160 154 161.2 215.8 147.7 139.3 145.5 141.5 148.1 129 120.9 124.2 122 111.2 106.5 99.1 95.8 91.6 88.6 82.8 79.0 69.9 67.3 62.4 61.7 62.7 57.5 48.6 45.7 40.2 38.9 33.9 31.1 28.6 27.3 23.8 20.8 16.5 15.9 14.2 14.6 12.6 11.5 10.2 7.9 9.4 10.6 9.8 8.0 7.7 6.8 6.6 5.4 4.0 3.1
Other 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.3 0.7
Operating Expenses 975.2 1,040 902.7 874.5 879.6 907.3 796.6 805.4 776 827.2 701.4 708.7 725.4 738.4 653.2 625.7 601.6 610.4 528.8 512.5 485.8 480 453.9 422.3 455.2 498.4 419.9 400 417.4 403.7 329 354.9 317.1 306.3 288.2 270.4 274.6 262.8 230.6 225.5 226 212.9 205.9 212.7 206.4 207.3 201.5 201.4 258.8 189.4 182.5 186.7 183.1 189.8 178.7 161.1 162.6 163.4 146.6 138.5 130.5 128.4 118.5 117.1 110.8 104.8 94.5 90.6 83.7 82.6 84.5 77.9 64.9 61.8 54.5 49.1 42.2 39.5 36.6 34.5 30.0 25.1 21.1 20.3 18.3 18.9 17.2 15.2 15.6 12.6 13.0 14.6 14.4 11.8 11.0 10.1 11.1 9.9 8.1 6.5
Operating Income
Operating Income 855.3 864.3 759.7 743.4 578.1 734.9 577.3 567.3 469.4 450.2 465.8 463.2 387.6 372.5 398.9 397.6 408.1 450.4 442.6 511.2 416.8 415.8 270.4 80.6 283 397.6 365.7 359 252.2 332 313.3 277.4 276.7 327 278.6 257.5 191.5 264.4 256.4 245.4 179 245.9 189.9 173.8 130.4 186.1 159.1 143 56.6 208.6 174.2 218.5 251.2 248.1 211.4 225.3 193.3 199.5 178.9 168.1 148.3 153.7 132.1 139.7 129.7 128.4 104.5 99.5 45.0 82.7 85.0 78.2 64.9 73.4 54.0 45.0 34.3 35.4 25.7 24.5 21.7 23.5 21.0 15.3 8.9 10.9 5.5 4.5 0.3 (5.6) 0.5 (3.0) (4.3) (5.1) (4.9) (4.5) (6.3) (5.4) (5.2) (5.4)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4.6 0 1.3 0 0.4 0 0 0 4.3 4.3 0 4.3 4 3.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 85.1 91.3 95.5 88.7 90.4 74.9 93.7 87.2 69.1 65.7 56.2 36 34.2 22.2 3.9 9.3 5.7 3.8 18.5 15 32 20.7 84.8 26.6 25.1 34.1 33.3 32.8 27.5 26.8 21.9 18.2 13.2 12.3 10.8 10.1 8.7 11.7 10.4 8 5.5 5.9 3.7 0 4.3 0 2 0 3.9 5.9 3.9 0 0 3.5 0 0 0 (1.9) 1.9 4.1 5.3 (4.5) 5 4.5 4.1 4.1 4.3 5.2 5 0 0 0 0 0 0 0 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 855.3 1,085.2 919.7 898.7 719 859.6 693.5 679.1 578.7 573.4 574.4 560.5 480.3 478.7 488.7 483.6 491.9 531.3 524.6 586.8 488.5 495.6 339.6 144.4 346.4 461.4 416.6 405.7 293.8 364.9 342.5 306.6 303 351.3 305.5 283.8 216.1 288.5 278.7 267.7 204.6 270.5 213.5 194.9 150.6 211.8 179 160.2 73.6 226.7 190.8 235.1 267.2 263.5 226.6 239.2 206.6 212 190.4 179.3 159.6 164.5 142.4 149.5 139.2 137.1 113.4 108.5 53 90.2 91.8 84.4 69.5 77.1 57.4 48.1 37.2 63.7 28.3 26.7 23.9 25.3 22.6 17.0 10.6 12.7 7.2 6.2 2.1 0.3 1.9 (1.8) (3.1) (3.9) (3.8) (2.9) (4.9) (4.1) (3.9) (4.6)
EBIT 855.3 864.3 759.7 743.4 578.1 734.9 577.3 567.3 469.4 450.2 465.8 463.2 387.6 372.5 398.9 397.6 408.1 450.4 442.6 511.2 416.8 415.8 270.4 80.6 283 397.6 365.7 359 252.2 332 313.3 277.4 276.7 327 280.6 259.9 193.4 264.4 256.4 245.4 179 245.9 189.9 173.8 130.4 186.1 159.1 143 56.6 208.6 174.2 218.5 251.2 248.1 211.4 225.3 193.3 199.5 178.9 168.1 148.3 153.7 132.1 139.7 129.7 128.4 104.5 99.5 45 82.7 85.0 78.2 64.9 73.4 54.0 45.0 34.3 35.4 25.7 24.5 21.7 23.5 21.0 15.3 8.9 10.9 5.5 4.5 0.3 (5.6) 0.5 (3.0) (4.3) (5.1) (4.9) (4.1) (6.3) (5.4) (5.2) (5.4)
Income Before Tax 940.4 955.6 855.2 832.1 668.5 809.8 671 654.5 538.5 515.9 522 499.2 421.8 394.7 402.8 406.9 402.4 454.2 461.1 526.2 448.8 436.5 355.2 107.2 308.1 431.7 399 391.8 279.7 358.8 335.2 295.6 289.9 339.3 289.4 267.6 200.2 276.1 266.8 253.4 184.5 251.8 193.6 178.4 134.7 184.8 161.1 142.6 60.5 214.5 178.1 222.8 255.5 251.8 215.7 229.3 197.1 203.1 180.8 172.2 153.6 157.2 137.1 144.2 133.8 132.5 108.9 104.7 50.0 88.3 89.6 83.9 73.4 81.8 66.2 50.3 38.9 39.6 28.8 27.8 23.9 25.4 22.4 16.3 9.6 12.0 6.2 5.1 0.9 (9.6) 0.9 (18.4) (3.7) (7.9) (4.2) (3.4) 0 0 0 0
Income Tax Expense 114.4 156.1 146 167.9 (35.2) 121.8 100.4 123 (8.9) (94.8) 102.2 73.2 61 58 78.1 93.3 33 71.5 73.9 3.2 13.6 72.9 38.4 37 (8.1) 69 0.3 75.4 (24.3) 67.5 43.4 41 2.6 378.1 (8.1) 46.1 20.4 72.1 55.8 68.9 48.1 61.8 26.3 43.9 37.7 38 37.4 38.6 16.2 48.3 21.3 63.7 66.6 76.9 32.4 74.4 53.6 51.9 58.4 54.8 49.5 36 50.5 55.5 48.5 55.0 44.3 42.3 21.9 37.5 32.0 32.7 28.6 32.7 25.3 19.6 15.1 16.0 11.6 11.1 9.5 (24.1) 1.7 1.5 0.5 0.4 0.1 0.3 0.0 (4.8) 0 (15.8) 0 (0.8) 0 0 (1.3) (1.4) (0.7) (0.3)
Net Income 821.5 794.8 704.4 658.4 698.4 685.7 565.1 526.9 544.9 606.2 415.7 420.8 355.3 324.9 324 307.8 365.6 380.6 380.5 517.2 426.3 365.2 313.9 68 313.5 357.7 396.8 318.3 306.5 292.5 292.5 255.3 287.6 (38.8) 297.5 221.5 179.8 204 211 184.5 136.4 190 167.3 134.5 97 146.8 123.7 104 44.3 166.2 156.8 159.1 188.9 174.9 183.3 154.9 143.5 151.2 122.4 117.4 104.1 121.2 86.6 88.7 85.3 77.6 64.5 62.4 28.1 50.8 57.6 51.2 44.8 49.2 40.9 30.7 23.8 23.6 17.3 16.7 14.5 49.5 20.7 14.8 9.1 11.7 6.1 4.8 0.9 (4.9) 0.9 (2.6) (3.7) (4.3) (4.2) (3.4) (5.0) (4.0) (4.5) (5.0)
Per Share Data
EPS (Basic) 2.31 2.24 1.98 1.84 1.95 1.92 1.59 1.48 1.54 1.72 1.18 1.20 1.01 0.93 0.91 0.86 1.02 1.06 1.07 1.45 1.20 1.04 0.89 0.19 0.90 1.03 1.15 0.92 0.89 0.85 0.86 0.75 0.85 -0.12 0.89 0.67 0.54 0.58 0.61 0.54 0.40 0.57 0.50 0.40 0.29 0.44 0.38 0.31 0.13 0.48 0.45 0.44 0.52 0.49 0.51 0.43 0.40 0.43 0.35 0.33 0.30 0.34 0.24 0.25 0.24 0.22 0.19 0.18 0.08 0.15 0.16 0.15 0.13 0.14 0.12 0.09 0.07 0.07 0.05 0.05 0.04 0.15 0.07 0.05 0.03 0.04 0.02 0.02 0.00 -0.02 0.01 -0.02 -0.02 -0.03 -0.03 -0.02 -0.03 -0.03 -0.05 -0.20
EPS (Diluted) 2.28 2.21 1.95 1.81 1.92 1.88 1.56 1.46 1.51 1.69 1.16 1.18 1.00 0.91 0.90 0.85 1.00 1.04 1.04 1.42 1.17 1.01 0.87 0.19 0.87 1.00 1.11 0.89 0.85 0.85 0.82 0.72 0.81 -0.12 0.85 0.64 0.52 0.57 0.59 0.52 0.39 0.55 0.49 0.40 0.29 0.44 0.37 0.31 0.13 0.48 0.44 0.43 0.51 0.47 0.50 0.42 0.39 0.43 0.34 0.32 0.29 0.34 0.24 0.24 0.24 0.22 0.18 0.18 0.08 0.15 0.16 0.14 0.12 0.14 0.12 0.09 0.07 0.07 0.05 0.05 0.04 0.15 0.06 0.04 0.03 0.04 0.02 0.02 0.00 -0.02 0.01 -0.02 -0.02 -0.03 -0.03 -0.02 -0.03 -0.03 -0.05 -0.20
Shares Outstanding 354.9 354.9 356.6 358.5 357.5 356.4 355.8 355 353.5 352.1 351.7 350.9 350.2 351.1 355.3 358.1 358.4 357.5 356.8 355.8 353.4 352.8 351.9 350.4 349.2 347.4 346.2 346.2 345 343.8 342 341.1 338.4 336.6 335.4 333 335.7 349.2 348.3 344.7 339.3 335.7 335.7 332.1 330.3 326.7 324.9 332.1 352.7 349.1 347.4 359.1 362.7 360 359.1 359.1 355.5 352.8 351.9 352.8 351.9 351.9 354.6 353.7 349.2 344.7 342.7 341.1 350.1 349.9 351.1 349.0 347.2 345.3 342.3 338.7 335.6 333.1 331.9 330.2 327.4 322.4 316.4 313.1 310.7 306.9 304.4 302.0 299.5 299.5 167.2 164.9 163.7 162.7 160.4 159.3 158.1 156.0 89.1 25.1
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
Current Assets
Cash & Cash Equivalents 2,037.1 3,368 2,806.6 3,403.1 2,573.8 2,027.4 2,413.3 3,036.7 2,839.5 2,750.1 3,602 3,435.4 2,143 1,581.2 1,538 1,536.1 1,103.1 1,290.9 1,346.7 1,615.5 1,401.8 1,622.6 1,370.6 2,035.6 1,223.8 1,167.6 969.6 5,148.2 5,064.6 857.9 4,570.5 4,259.6 4,068.2 3,846.5 3,802 3,423.3 3,146.8 4,837.9 4,561.3 4,224.9 980.5 1,588.2 1,395.5 221.4 902.1 96.6 86.4 8.2 13.3 11.3 17.7 22.8 17.6 18.3 24.6 23.5 13.7 22.7 26.0 40.5 39.0
Short-Term Investments 2,510.8 2,566.9 2,102.2 1,923.4 1,937.5 1,985.9 1,818.4 1,720.5 1,960.6 2,473.1 2,873.7 2,363.8 2,549.2 2,541 2,781 2,909.9 2,892.2 2,940 2,785.3 2,823.7 3,155.7 3,548.9 3,347.6 2,452.7 2,029.6 2,054.1 1,928 1,928.1 1,933 2,205.2 0 0 0 0 0 0 0 0 0 0 827.9 0 0 334.0 0 243.4 282.6 98.2 102.5 101.6 25.2 22.2 33.2 30.2 39.7 51.0 63.2 66.8 61.7 46.9 15.6
Net Receivables 1,711.1 1,628.2 1,383.9 1,394.2 1,349.4 1,356.8 1,290 1,243.2 1,260.4 1,267.5 1,097.1 1,038.8 1,057.4 1,073.3 971.1 955 1,016.3 893 793.6 794.3 733.3 726.6 588.6 508.8 527.6 708.3 639 633.4 547.6 682.3 580.4 532.5 474.9 507.9 468 481.1 412.9 430.2 432 403.8 325.9 194.7 180.2 205.4 175.2 139.3 120.5 24.7 27.3 26.8 21.9 20.9 16.9 19.0 15.6 9.7 10.3 6.4 8.4 5.3 2.8
Inventory 1,945.1 1,840 1,781.9 1,667 1,553.6 1,487.2 1,481.7 1,383.9 1,299.3 1,220.6 1,147.5 1,005.2 946.6 893.2 837.1 724 653 587.1 584.9 569.7 576.8 601.5 662.9 645.5 620.3 595.5 579.6 512.8 468.3 409 370.1 331.5 283.6 241.2 225.2 214.2 213.5 182.3 183.5 169.2 163 74 68.5 57.6 59.2 64.4 26.8 7.2 8.0 8.8 13.6 8.3 8.7 9.9 7.6 6.8 6.5 6.1 5.3 4.8 3.6
Other Current Assets 3,315.8 376.4 282.7 358.2 243.5 253.7 212.2 270 272.9 176.7 0 188.6 0 6.1 162.4 0 0 129.6 0 134.7 126.4 0 0 2.4 0 0 0 56 59.5 137.4 58.3 0 45.6 2 38.3 37.6 36.5 41.6 30 26.8 1.1 7.2 7.3 7.3 9.3 9.6 8.6 0.2 0.2 0.2 0 0 0 0 0 0 0 0 1.6 1.0 1.0
Total Current Assets 11,519.9 9,779.5 8,525.3 8,745.9 7,657.8 7,111 7,215.6 7,654.3 7,632.7 7,888 8,902.9 8,031.8 6,877 6,253 6,293.1 6,292.5 5,803.2 5,844.9 5,728 6,016.6 6,066.4 6,625.9 6,300.3 5,899 4,691.5 4,662.6 4,317 6,294.4 6,472.9 4,333.2 5,932.5 5,539 5,253.5 4,686.9 4,495.2 4,118.6 3,773.2 5,450.4 5,176.8 4,797.9 2,406.4 1,856.9 1,019.5 846.6 1,136.5 564.5 538.7 141.9 154.7 151.9 80.4 76.2 78.6 79.4 90.1 92.7 95.3 103.7 102.9 98.4 62.0
Non-Current Assets
Property, Plant & Equipment 5,447.9 5,342.4 5,150.9 4,985.3 4,799 4,783 4,433 4,116.8 3,799.6 3,537.6 3,077 2,830.8 2,580.2 2,374.2 2,243.7 2,109.3 1,968.2 1,876.4 1,737.9 1,651.2 1,592.9 1,577.3 1,509.7 1,450.3 1,369.2 1,272.9 1,136.8 1,032.4 935.4 812 746.4 688.8 661.9 613.1 584.8 540.1 497.4 458.4 447.3 440.1 439 144.4 132.9 125.7 122.6 122.6 64.2 29.0 9.4 10.3 11.6 9.8 10.4 10.7 6.8 6.6 5.8 4.7 3.8 3.7 3.1
Goodwill 613.2 370.3 348.1 348.7 347.5 347.5 348.3 348 348.2 348.7 348.1 348.6 348.6 348.5 348.2 349.1 343.2 343.6 344.3 344.3 344.5 336.7 336.3 336.8 335 307.2 304.7 244.9 247.5 240.6 236.1 210.9 201.1 201.1 201.1 201.1 201.1 201.1 201.1 201.1 201.1 110.7 110.7 110.7 110.7 110.7 112.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 173.5 11.1 14.5 17.9 19.6 23 25.3 28.7 33.8 636.7 638.4 47.2 44.8 49.8 57.1 66.2 64.1 70.5 77.2 84 87.2 77.4 88.9 101 488 112.1 415.7 383.8 378.7 66.7 237.4 221.3 203.8 26 154.8 152.4 140.2 31.5 135.8 144.3 131.5 49.8 52.4 56.2 64.0 68.1 4.5 150.5 151.0 151.2 153.5 3.4 2.6 2.7 3.5 3.7 3.9 0 0 0 0
Long-Term Investments 3,461.9 3,298.5 3,727.3 4,206 4,817 5,064.6 4,079.8 3,142.8 2,731.9 2,120 1,044.9 1,332.5 1,886.4 2,623.6 3,078.1 3,738 4,416.2 4,415.5 4,131.5 3,295.6 2,673 1,757.7 1,643.2 1,586.5 2,642.7 2,623.5 2,533 2,429.8 2,255.9 1,771.3 1,434.6 1,327.1 1,550.9 1,885.9 1,655.2 1,599.9 1,682 2,283.3 2,346 2,041.1 1,992.7 620.3 652.1 616.5 521.4 482 165 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets (3,635.4) 810.8 606.8 789.1 540.9 369.0 644.4 412.4 364 0 0 645.9 671.5 660.3 653.2 634.2 598.1 562.7 504.2 510.9 439.8 426.2 378.8 364.5 0 329.3 0 0 0 194.3 (1,442.5) (1,331.6) (1,668) (1,716.3) (1,411.5) (1,324) (1,465.3) (2,057.2) (2,129.6) (1,826.2) 0 (549.6) 45.7 0.5 (443.4) (0.0) 0.1 1.0 1.3 1.6 0 0 0 0 0 0 0 4.1 4.3 4.5 0
Total Non-Current Assets 6,744.9 10,851.7 10,826.5 11,417.3 11,562.6 11,727.6 10,527.8 8,995.6 8,195.3 7,553.5 5,809.8 5,871.5 6,176.2 6,721 6,967.7 7,412.7 7,875.2 7,710.1 7,206.6 6,280.4 5,474 4,543 4,317.2 4,204.6 5,199.6 5,070.6 4,814.3 4,460 4,209.9 3,513.5 1,386.1 1,310.6 1,172.7 1,071.1 1,149.4 1,132.2 1,034.8 1,036.5 997.9 982.9 2,899.9 386.2 997.1 963.1 364.8 821.5 373.5 180.5 161.6 163.0 165.1 13.2 13.0 13.4 10.3 10.3 9.7 8.8 8.1 8.1 3.1
Total Assets 20,111 20,631.2 19,351.8 20,163.2 19,220.4 18,838.6 17,743.4 16,649.9 15,828 15,441.5 14,712.7 13,903.3 13,053.2 12,974 13,260.8 13,705.2 13,678.4 13,555 12,934.6 12,297 11,540.4 11,168.9 10,617.5 10,103.6 9,891.1 9,733.2 9,131.3 8,531.6 8,234.9 7,846.7 7,318.6 6,849.6 6,426.2 5,758 5,644.6 5,250.8 4,808 6,486.9 6,174.7 5,780.8 5,306.3 2,243.1 2,016.6 1,809.7 1,501.3 1,386.1 912.2 322.5 316.3 315.0 245.5 89.4 91.6 92.9 100.4 103.0 105.0 112.4 111.1 106.6 65.1
Current Liabilities
Account Payables 332.9 255.1 291.2 266.8 276.2 193.4 218.7 194.4 194.4 188.7 196.2 199.7 164.1 147 164.2 149.7 128.1 121.2 120 117.9 103.1 81.6 116 108.9 133.4 123.5 132.4 129.6 130.6 100.7 96.4 102.2 96.3 82.5 80.4 74.2 74 68.5 60.6 64.8 57.9 41.6 34.4 27.6 26.6 21.2 22.3 4.3 4.7 5.9 17.2 10.1 9.3 9.1 6.2 6.9 5.5 7.1 5.2 4.8 3.5
Short-Term Debt 0 39 0 0 0 33.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.9 1.0 1.0 1.2 1.4 1.5 1.4 1.9 2.1 2.1 2.0 1.9 1.7 1.8
Deferred Revenue 663.5 506.7 491.1 499.9 496.3 468.8 426 433.9 437.5 446.1 394.8 405.2 417.8 397.3 358.9 376.3 386 377.2 348.5 360 358.1 350.3 327.8 343.1 337.4 337.8 307.6 306.8 329.2 294.3 307.1 302.2 280 302.8 295.1 298 286.6 249.9 236.1 233.9 225.3 108.8 104.2 99.5 89.5 96.9 47.6 13.4 13.0 11.3 7.1 6.1 4.8 4.5 3.4 2.2 2.3 0 0 0 0
Other Current Liabilities 758.9 609.4 437.3 420.8 397.9 359.6 490 452 453 436.4 374.8 346.6 260.9 401.6 315.9 285.8 227.4 362.1 277.5 274.6 207.5 245.4 214.2 210.5 197.8 287.3 247.2 186.3 166.1 198.4 157 146.2 126.7 46.8 128.1 125.6 125 110.6 133.8 323.1 77.5 50.8 0 (0.0) 51.1 0 0 0 0 0 5.4 0 0 0 0 3.6 1.5 3.6 8.2 6.7 5.0
Total Current Liabilities 1,911 2,006.2 1,803.2 1,692.6 1,538.1 1,745.3 1,676.8 1,487.5 1,375.1 1,658.7 1,676.4 1,538.4 1,307.4 1,422.1 1,233.4 1,175 1,112.2 1,149.8 1,027.3 1,004.6 904.6 965.2 894.7 924.8 945.9 1,030.2 930.9 913.5 1,194.5 820.6 1,030.1 980.4 919.8 1,031.2 684.7 728.5 680.5 709.1 632.9 599.3 452.9 318.7 173.8 202.8 230.1 163.0 103.7 32.1 30.2 34.2 38.8 25.5 26.1 25.2 17.0 16.5 14.6 19.8 15.4 13.3 10.3
Non-Current Liabilities
Long-Term Debt 0 131.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.2 0.4 0.7 1.2 1.5 1.8 1.8 1.0 0.8 1.5 1.9 1.2 2.0 2.5
Deferred Tax Liabilities 0 172.5 0 0 0 95.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (209) (216.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 53.2 48.4 53.3 44.1 38.2 27.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 498.8 155.6 427.1 445.7 411 301.7 329.5 322.4 356.3 339.9 370.3 359.8 406.9 398.3 416.7 410.4 370.9 329.9 412.8 380.9 414.5 412.5 405.8 384 385.9 390.9 423.3 444.5 352.2 305.6 300.7 283.9 313.2 327.1 69 128.7 122.3 112.6 104.8 109.8 103 22.2 24.4 15.3 7.0 9.8 8.4 1.2 1.5 1.1 0.9 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 602.8 683.3 506.5 517.5 474.6 563.7 389.1 365.9 406.5 385.5 412.8 405.2 451.6 439.3 453.4 447.8 409.3 453.7 447.8 412.9 445.6 444.6 436.1 412.4 414.7 418.3 423.3 338.5 454.3 338.6 326.8 314 338.6 327.1 69 128.7 122.3 112.6 104.8 109.8 103 75.4 72.8 69.7 51.1 48.0 8.4 1.5 2.0 1.8 2.1 1.5 1.8 1.8 1.0 0.8 1.5 1.9 1.2 2.0 2.5
Total Liabilities 2,513.8 2,689.5 2,309.7 2,210.1 2,012.7 2,309 2,065.9 1,853.4 1,781.6 2,044.2 2,089.2 1,943.6 1,759 1,861.4 1,686.8 1,622.8 1,521.5 1,603.5 1,475.1 1,417.5 1,350.2 1,409.8 1,330.8 1,337.2 1,360.6 1,448.5 1,354.2 1,252 1,194.5 1,159.2 1,030.1 980.4 919.8 1,031.2 684.7 728.5 680.5 709.1 632.9 599.3 555.9 318.7 246.6 272.4 230.1 210.9 112.1 33.5 32.2 36.0 40.9 27.1 27.9 27.0 18.0 17.3 16.1 21.7 16.6 15.3 12.7
Stockholders' Equity
Common Stock 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 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
Retained Earnings 6,397.7 7,011.8 6,424 7,605.5 7,139.4 6,803.3 6,129.8 5,581.7 5,067.9 4,743 4,209.2 3,807.7 3,397.4 3,500.1 4,017.8 4,682.8 4,858 4,760.9 4,390.1 4,022.7 3,514.7 3,261.3 2,937.2 2,633 2,570.9 2,494.5 2,142.6 1,819 1,696 1,521.7 1,234 948.1 698 61.4 776.6 482.3 263.3 1,574.9 1,402.8 1,193 1,009.6 685.7 597 511.7 369.6 307.3 144.4 (132.7) (137.6) (138.4) (130.2) (131.1) (128.8) (126.2) (106.1) (101.3) (97.1) (93.7) (88.7) (84.7) (80.2)
Accumulated Other Comprehensive Income 16.5 43.3 26.5 3 (27.1) (51.3) 12.9 (23.5) (8.7) (12.2) (56.5) (79.8) (108.5) (162.5) (187.6) (144.2) (110.7) (24.2) 5.3 10.3 11.4 24.9 16.2 22.3 8.9 12.4 17.8 16.1 (0.7) (13.3) (16.7) (16.4) (18.1) (15.5) (9.2) (9.8) (8) (8.9) 4 9.3 1.3 0.7 2.2 1.3 0.8 (1.0) 0.2 (0.3) 1.0 0.8 0.6 1.0 1.4 1.1 (0.4) (1.2) (1.5) (2.3) (3.3) (4.3) (3.3)
Total Stockholders' Equity 17,474.5 17,824 16,929.7 17,845.7 17,106.4 16,433.7 15,583.3 14,708.3 13,962.6 13,307.6 12,539 11,879.1 11,217.7 11,041.9 11,515.4 12,082.4 12,156.9 11,951.5 11,459.5 10,879.5 10,190.2 9,759.1 9,286.7 8,766.4 8,530.5 8,284.7 7,777.1 7,279.6 7,040.4 6,678.8 6,288.5 5,869.2 5,506.4 4,726.8 4,959.9 4,522.3 4,127.5 5,777.8 5,541.8 5,181.5 4,750.4 1,924.4 1,770 1,537.3 1,271.2 1,175.1 800.2 288.9 284.2 279.0 204.6 62.4 63.7 65.9 82.4 85.7 88.9 90.7 94.5 91.3 52.3
Total Liabilities & Equity 20,111 20,631.2 19,351.8 20,163.2 19,220.4 18,838.6 17,743.4 16,649.9 15,828 15,441.5 14,712.7 13,903.3 13,053.2 12,974 13,260.8 13,705.2 13,678.4 13,555 12,934.6 12,297 11,540.4 11,168.9 10,617.5 10,103.6 9,891.1 9,733.2 9,131.3 8,531.6 8,234.9 7,846.7 7,318.6 6,849.6 6,426.2 5,758 5,644.6 5,250.8 4,808 6,486.9 6,174.7 5,780.8 5,306.3 2,243.1 2,016.6 1,809.7 1,501.3 1,386.1 912.2 322.5 316.3 315.0 245.5 89.4 91.6 92.9 100.4 103.0 105.0 112.4 111.1 106.6 65.1
Debt Metrics
Total Debt 0 302.8 0 0 0 146 0 0 0 0 0 0 0 0 0 0 0 87 0 0 0 0 0 0 0 0 72.2 69.6 71.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.1 1.4 1.7 2.5 3.0 3.3 3.2 2.9 2.9 3.5 3.9 3.2 3.8 4.3
Net Debt (2,037.1) (3,065.2) (2,806.6) (3,403.1) (2,573.8) (1,881.4) (2,413.3) (3,036.7) (2,839.5) (2,750.1) (3,602) (3,435.4) (2,143) (1,581.2) (1,538) (1,536.1) (1,103.1) (1,203.9) (1,346.7) (1,615.5) (1,401.8) (1,622.6) (1,370.6) (2,035.6) (1,223.8) (1,167.6) (897.4) (5,078.6) (4,993.3) (857.9) (4,570.5) (4,259.6) (4,068.2) (3,846.5) (3,802) (3,423.3) (3,146.8) (4,837.9) (4,561.3) (4,224.9) (980.5) (1,588.2) (1,395.5) (221.4) (902.1) (96.6) (86.4) (7.1) (11.9) (9.6) (15.2) (19.8) (14.3) (15.2) (21.8) (20.6) (10.1) (18.8) (22.8) (36.7) (34.8)
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 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
Operating Activities
Net Income 821.5 799.5 709.2 664.2 703.7 688 570.6 531.5 547.4 610.7 419.8 426 360.8 336.7 324.7 313.6 369.4 382.7 387.2 523 435.2 363.6 316.8 70.2 316.2 362.7 398.7 316.4 304 291.3 291.8 254.6 287.3 (38.8) 297.5 221.5 179.8 204 211 184.5 136.4 20.7 14.8 9.1 4.8 0.9 (4.9) (3.4) 0.9 (2.3) (2.6) (6.5) (3.7) (5.6) (4.3) (4.8) (4.2) (5.0) (4.0) (4.5) (5.0)
Depreciation & Amortization 200 220.9 160 155.3 140.9 124.7 116.2 111.8 109.3 123.2 108.6 97.3 92.7 106.2 89.8 86 83.8 80.9 82 75.6 71.7 79.8 69.2 63.8 63.4 63.8 50.9 46.7 41.6 36.3 31 29.2 26.3 27.6 24.9 23.9 22.7 24.1 22.3 22.3 23.4 1.6 1.6 1.7 1.8 1.9 5.9 2.2 1.3 1.2 1.2 1.2 1.2 1.0 1.2 1.1 1.2 1.4 1.3 1.3 0.7
Stock-Based Compensation 209.5 203.3 203.5 196.2 185.2 177 172.9 173.6 153.3 150.4 156.1 146.5 139.8 127.6 138.1 126.7 120.8 117.8 120.1 108.1 103.2 103.1 105.8 95.9 90.6 89.2 88.9 81.6 76.1 70.4 70 63.3 57.5 55.6 55.7 50.4 47.4 45.5 46.8 42.6 42.7 0 0 0 0 0 0.7 0 0 0 1.6 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (644.8) (248.4) 709.5 (270.2) (439.3) (140.8) (85.6) (152.9) (540) (439.2) (100.8) 5.9 (243.5) (60.8) (124.2) (68.7) (365.4) (10.9) (79) (108.7) (169.5) 81.5 (179) 10.5 (186.2) 32.2 (79.5) (151.2) (123) (40.8) (77.7) (129.5) (135.7) 249.1 (24.6) (88.7) (44.2) 55.3 (23.4) (11.2) (23.7) (2.6) (7.4) 1.6 5.5 (3.5) 1.2 (6.7) 0.7 (4.9) 3.9 (4.0) 2.3 (2.5) 7.8 (6.9) 2.0 5.4 (2.3) (0.7) (1.5)
Other Non-Cash Items (13.6) (43.3) (1,029.2) (0.6) (9) 4.5 (2.9) (10.9) 2.6 3 8 17 12.3 11.5 16.7 14.8 28.8 19.2 7.7 13.4 (7.7) 13.8 (57.6) 1.5 4.3 4.5 (1.7) 2.7 1.6 1.3 1.1 2.6 7.4 4.4 5.4 5.3 6.1 9.2 7 4.6 0.8 1.6 1.4 (0.1) (0.2) (0.1) 0.9 0 0.0 0.0 0.0 0 (0.0) 0.1 (0.1) 0.0 (0.0) 0 0 0 0
Operating Cash Flow 911.9 892.5 841 715.4 581.6 822.6 706.5 620.5 265.4 228.3 548.4 665.7 371.4 437.9 383.2 446.7 223 567.7 501.4 542.7 477.6 627.5 274.6 229.9 352.8 552.7 396.3 316 333.2 338.1 319.8 231.5 280.2 332 353.9 216.5 241.5 325.1 259.6 249.7 208.5 21.4 10.4 12.3 11.9 (0.9) 3.1 (7.9) 2.9 (5.9) 2.5 (9.3) (0.3) (7.1) 4.7 (10.6) (1.1) 1.9 (4.9) (3.9) (5.8)
Investing Activities
Capital Expenditure (103.3) (162.5) (105.4) (155.3) (116.6) (312) (247.9) (309.4) (241.9) (435.5) (256.3) (178.3) (194.1) (137.7) (169.1) (130.5) (95.1) (150.9) (68.3) (75.7) (58.6) (61.9) (64.4) (110) (105.2) (142) (86.7) (82.1) (114.8) (55.5) (47) (44.8) (40.1) (31) (51.4) (55.3) (53) (17.8) (15.1) (11.4) (9.6) (1.3) (3.6) (1.0) (20.9) (0.5) (0.6) (0.9) (0.7) (0.3) (0.6) (0.4) (0.8) (4.0) (1.8) (0.8) (1.4) (1.3) (0.6) (1.0) (0.8)
Acquisitions (482.2) (12.7) 1.2 (1.2) 0 (1) 0 0 0 (1.8) 0.2 (7.3) (767.2) (1.2) 0.2 (11.8) (1.5) 0 0 0 (8.7) (105.2) 0 0 (37.7) (27.9) (33) 2.5 (1.3) (27.8) (22) 44.8 40.1 31 51.4 55.3 53 17.8 15.1 11.4 9.6 0.0 0 0 (0.0) 0.0 (2.6) (1.8) 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (911.3) (425) (99.1) (172) (519.8) (1,430) (1,920.2) (883.5) (905.9) (1,387.2) (806.2) (10.5) (3.5) (5.9) (17.4) (188.9) (1,187.3) (1,238.3) (1,706) (1,674.6) (1,833.1) (1,269.7) (1,596.4) (736.8) (690) (802.8) (727.5) (823.6) (992.3) (887.9) (842.4) (417.9) (433.7) (872.9) (415.1) (538.8) (168.2) (688.9) (828.3) (580.6) (487.7) (66.4) (32.6) (53.1) (13.0) (28.8) (85.6) (3.0) 0 0 (3.0) (3.0) 0 (8.5) (17.8) (10.7) (20.9) (14.5) (20.9) 0 0
Sales/Maturities of Investments 582.3 390.8 605.5 589.2 849.9 478.8 755.1 725.8 1,019.3 780.3 615.7 753.7 770.7 719.6 730.8 797.4 1,067.7 748.2 935.5 1,365.6 1,303.4 997.3 634.9 1,383.5 715.8 566.5 630.6 680.5 799.5 484.9 338.8 456.5 527.4 588.1 206.5 240.3 1,529.5 397.7 302.1 354.8 305.4 35.7 20.8 40.1 16.0 28.1 15.6 5.0 (0.0) 10.6 0.1 5.1 17.5 15.9 1.2 22.6 33.0 9.7 6.2 3.5 6.6
Other Investing Activities 0 0 (1.2) 0 0 0 0 0 0 0 0 0 767.2 0 0 0 0 0 0 0 0 105.2 0 0 0 0 0 0 (192.8) (403) (503.6) (82.9) (40.1) (31) (51.4) (55.3) (53) (17.8) (15.1) (11.4) (9.6) 0.0 0 0.2 0.0 0.3 0.1 0.2 (7.0) 0 (0.0) 0 0.0 0.0 0 0.0 0.0 0 0 (37.8) 0
Investing Cash Flow (914.5) (209.4) 401 260.7 213.5 (1,264.2) (1,413) (467.1) (128.5) (1,044.2) (446.6) 557.6 573.1 574.8 544.5 466.2 (214.7) (641) (838.8) (384.7) (597) (334.3) (1,025.9) 536.7 (117.1) (406.2) (216.6) (222.7) (308.9) (486.3) (572.6) (44.3) 53.6 (315.8) (260) (353.8) 1,308.3 (309) (541.3) (237.2) (191.9) (32.0) (15.4) (13.8) (17.9) (0.9) (73.2) (0.5) (7.7) 10.2 (3.5) 1.6 16.7 3.4 (18.4) 11.0 10.8 (6.1) (15.3) (35.3) 5.8
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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) (0.2) (0.3) (0.3) (0.3) (0.4) (0.4) (0.5) (0.4) 0.2 1.2 (0.9) 0.5 (0.5) (0.0) (0.7) 0.7 (0.6) (0.5) 0.1
Stock Repurchased (1,123.2) (201) (1,913.3) (181) 0 0 0 0 0 (66.3) 0 0 (350) (1,000.8) (1,000) (500.1) (106.5) 0 0 0 0 (34.3) 0 0 (100) 0 (69.5) (200) 0 0 (7) 0 0 (274) 0 0 (2,000) (34.4) 0 0 (8.1) 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)
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (352.3) (13.1) (19.7) (16.2) (370.1) (12.5) (17.4) (21.5) (227.1) 34.8 (15.6) (11.3) (131.4) 37.3 73.2 18 (173.4) (13.1) (22.8) (11.4) (186.2) (46.4) (28.7) (15.1) (170) 50.8 78.6 21.4 (41.8) (3.3) 57.7 (5.5) (94.5) (3) (1.6) (2.6) (47.4) 3.8 7.8 (1.2) (20.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Financing Cash Flow (1,353.7) (137.5) (1,843) (147.8) (235.8) 49.4 98.2 50 (46.7) (31.5) 61.8 63.3 (381.2) (963.5) (926.8) (482.1) (199.9) 18.6 68.3 58.3 (102.2) (39.8) 85.2 47.6 (178.7) 50.8 1.2 (178.6) (41.8) 33.7 57.7 43.2 (8.3) (243.1) 83.6 124.7 (1,878.3) (0.1) 109.7 200.5 248.4 11.4 2.0 6.7 0.9 3.8 78.4 3.2 (0.2) 1.0 0.3 2.0 (0.8) 1.5 (0.4) 0.7 0.1 0.9 5.7 40.7 34.9
Cash Position
Net Change in Cash (1,355.3) 561.4 (597) 829.3 554.8 (383.9) (620.5) 199.7 97 (852.8) 165.3 1,291.8 565.1 46.7 2.8 433 (187.8) (55.8) (268.8) 212.9 (220.8) 252.8 (666.5) 813.4 56.2 198 179.3 (85.4) (18.7) (113.9) (195.2) 228.8 326.5 (226.8) 178.5 (12.1) (328) 15 (171.9) 213 265.9 0.8 (3.1) 5.3 (5.1) 2.0 (1.1) (5.2) (5.1) 5.2 (0.7) (5.5) 15.5 (2.2) (14.1) 1.1 9.8 (3.3) (14.5) 1.4 34.9
Cash at Beginning 3,407.4 2,806.6 3,446.5 2,617.2 2,062.4 2,446.3 3,066.8 2,867.1 2,770.1 3,622.9 3,457.6 2,165.8 1,600.7 1,554 1,551.2 1,118.2 1,306 1,361.8 1,630.6 1,417.7 1,638.5 1,385.7 2,052.2 1,238.8 1,182.6 984.6 805.3 890.7 909.4 1,023.3 1,218.5 989.7 663.2 875 696.5 708.6 1,036.6 1,021.6 1,193.5 980.5 714.6 8.0 11.0 5.8 13.3 11.3 12.5 17.7 22.8 17.6 18.3 23.9 8.3 10.5 24.6 23.5 13.7 26.0 40.5 39.0 4.1
Cash at End 2,052.1 3,368 2,849.5 3,446.5 2,617.2 2,062.4 2,446.3 3,066.8 2,867.1 2,770.1 3,622.9 3,457.6 2,165.8 1,600.7 1,554 1,551.2 1,118.2 1,306 1,361.8 1,630.6 1,417.7 1,638.5 1,385.7 2,052.2 1,238.8 1,182.6 984.6 805.3 890.7 909.4 1,023.3 1,218.5 989.7 648.2 875 696.5 708.6 1,036.6 1,021.6 1,193.5 980.5 8.7 8.0 11.0 8.2 13.3 11.3 12.5 17.7 22.8 17.6 18.3 23.9 8.3 10.5 24.6 23.5 22.7 26.0 40.5 39.0
Free Cash Flow 808.6 730 735.6 560.1 465 510.6 458.6 311.1 23.5 (207.2) 292.1 487.4 177.3 300.2 214.1 316.2 127.9 416.8 433.1 467 419 565.6 210.2 119.9 247.6 410.7 309.6 233.9 218.4 282.6 272.8 186.7 240.1 301 302.5 161.2 188.5 307.3 244.5 238.3 198.9 20.0 6.8 11.3 (9.0) (1.5) 2.5 (8.8) 2.2 (6.3) 1.9 (9.7) (1.1) (11.1) 2.9 (11.4) (2.5) 0.6 (5.5) (4.9) (6.6)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 2,770.8 2,866.2 2,505.1 2,440 2,253.4 2,413.5 2,038.1 2,009.9 1,890.6 1,928.3 1,743.7 1,755.9 1,696.2 1,655 1,557.4 1,522.1 1,487.7 1,550.7 1,403.3 1,464 1,292.1 1,329.1 1,077.7 852.1 1,099.5 1,277.7 1,128.2 1,098.9 973.7 1,046.5 920.9 909.3 847.5 892.4 806.1 756.2 674.2 756.9 682.9 670.1 594.5 676.5 589.7 586.1 532.1 604.7 550.1 512.2 464.7 576.2 499 578.5 611.4 609.3 537.8 536.5 495.2 496.8 446.7 425.7 388.1 389.3 344.4 350.7 328.6 323.0 280.1 260.6 188.4 231.5 236.0 219.2 188.2 189.4 156.9 140.2 114.2 112.6 95.8 87.0 77.3 72.1 60.9 52.8 41.6 45.2 35.5 31.1 27.1 27.6 21.5 21.1 19.4 16.0 12.7 12.1 10.7 7.9 5.1 2.9
Gross Profit 1,830.5 1,904.3 1,662.4 1,617.9 1,457.7 1,642.2 1,373.9 1,372.7 1,245.4 1,277.4 1,167.2 1,171.9 1,113 1,110.9 1,052.1 1,023.3 1,009.7 1,060.8 971.4 1,023.7 902.6 895.8 724.3 502.9 738.2 896 785.6 759 669.6 735.7 642.3 632.3 593.8 633.3 566.8 527.9 466.1 527.2 487 470.9 405 458.8 395.8 386.5 336.8 393.4 360.6 344.4 315.4 398 356.7 405.2 434.3 437.9 390.1 386.4 355.9 362.9 325.5 306.6 278.8 282.1 250.6 256.8 240.5 233.2 199.0 190.2 128.7 165.3 169.6 156.1 129.8 135.2 108.5 94.1 76.5 74.9 62.2 59.0 51.7 48.6 42.1 35.6 27.3 29.8 22.7 19.6 15.8 7.0 13.5 11.6 10.2 6.8 6.1 5.9 4.8 4.5 2.9 1.1
Operating Income 855.3 864.3 759.7 743.4 578.1 734.9 577.3 567.3 469.4 450.2 465.8 463.2 387.6 372.5 398.9 397.6 408.1 450.4 442.6 511.2 416.8 415.8 270.4 80.6 283 397.6 365.7 359 252.2 332 313.3 277.4 276.7 327 278.6 257.5 191.5 264.4 256.4 245.4 179 245.9 189.9 173.8 130.4 186.1 159.1 143 56.6 208.6 174.2 218.5 251.2 248.1 211.4 225.3 193.3 199.5 178.9 168.1 148.3 153.7 132.1 139.7 129.7 128.4 104.5 99.5 45.0 82.7 85.0 78.2 64.9 73.4 54.0 45.0 34.3 35.4 25.7 24.5 21.7 23.5 21.0 15.3 8.9 10.9 5.5 4.5 0.3 (5.6) 0.5 (3.0) (4.3) (5.1) (4.9) (4.5) (6.3) (5.4) (5.2) (5.4)
Net Income 821.5 794.8 704.4 658.4 698.4 685.7 565.1 526.9 544.9 606.2 415.7 420.8 355.3 324.9 324 307.8 365.6 380.6 380.5 517.2 426.3 365.2 313.9 68 313.5 357.7 396.8 318.3 306.5 292.5 292.5 255.3 287.6 (38.8) 297.5 221.5 179.8 204 211 184.5 136.4 190 167.3 134.5 97 146.8 123.7 104 44.3 166.2 156.8 159.1 188.9 174.9 183.3 154.9 143.5 151.2 122.4 117.4 104.1 121.2 86.6 88.7 85.3 77.6 64.5 62.4 28.1 50.8 57.6 51.2 44.8 49.2 40.9 30.7 23.8 23.6 17.3 16.7 14.5 49.5 20.7 14.8 9.1 11.7 6.1 4.8 0.9 (4.9) 0.9 (2.6) (3.7) (4.3) (4.2) (3.4) (5.0) (4.0) (4.5) (5.0)
EPS (Diluted) 2.28 2.21 1.95 1.81 1.92 1.88 1.56 1.46 1.51 1.69 1.16 1.18 1.00 0.91 0.90 0.85 1.00 1.04 1.04 1.42 1.17 1.01 0.87 0.19 0.87 1.00 1.11 0.89 0.85 0.85 0.82 0.72 0.81 -0.12 0.85 0.64 0.52 0.57 0.59 0.52 0.39 0.55 0.49 0.40 0.29 0.44 0.37 0.31 0.13 0.48 0.44 0.43 0.51 0.47 0.50 0.42 0.39 0.43 0.34 0.32 0.29 0.34 0.24 0.24 0.24 0.22 0.18 0.18 0.08 0.15 0.16 0.14 0.12 0.14 0.12 0.09 0.07 0.07 0.05 0.05 0.04 0.15 0.06 0.04 0.03 0.04 0.02 0.02 0.00 -0.02 0.01 -0.02 -0.02 -0.03 -0.03 -0.02 -0.03 -0.03 -0.05 -0.20
Balance Sheet
Cash & Equivalents 2,037.1 3,368 2,806.6 3,403.1 2,573.8 2,027.4 2,413.3 3,036.7 2,839.5 2,750.1 3,602 3,435.4 2,143 1,581.2 1,538 1,536.1 1,103.1 1,290.9 1,346.7 1,615.5 1,401.8 1,622.6 1,370.6 2,035.6 1,223.8 1,167.6 969.6 5,148.2 5,064.6 857.9 4,570.5 4,259.6 4,068.2 3,846.5 3,802 3,423.3 3,146.8 4,837.9 4,561.3 4,224.9 980.5 1,588.2 1,395.5 221.4 902.1 96.6 86.4 8.2 13.3 11.3 17.7 22.8 17.6 18.3 24.6 23.5 13.7 22.7 26.0 40.5 39.0
Total Assets 20,111 20,631.2 19,351.8 20,163.2 19,220.4 18,838.6 17,743.4 16,649.9 15,828 15,441.5 14,712.7 13,903.3 13,053.2 12,974 13,260.8 13,705.2 13,678.4 13,555 12,934.6 12,297 11,540.4 11,168.9 10,617.5 10,103.6 9,891.1 9,733.2 9,131.3 8,531.6 8,234.9 7,846.7 7,318.6 6,849.6 6,426.2 5,758 5,644.6 5,250.8 4,808 6,486.9 6,174.7 5,780.8 5,306.3 2,243.1 2,016.6 1,809.7 1,501.3 1,386.1 912.2 322.5 316.3 315.0 245.5 89.4 91.6 92.9 100.4 103.0 105.0 112.4 111.1 106.6 65.1
Total Debt 0 302.8 0 0 0 146 0 0 0 0 0 0 0 0 0 0 0 87 0 0 0 0 0 0 0 0 72.2 69.6 71.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.1 1.4 1.7 2.5 3.0 3.3 3.2 2.9 2.9 3.5 3.9 3.2 3.8 4.3
Stockholders' Equity 17,474.5 17,824 16,929.7 17,845.7 17,106.4 16,433.7 15,583.3 14,708.3 13,962.6 13,307.6 12,539 11,879.1 11,217.7 11,041.9 11,515.4 12,082.4 12,156.9 11,951.5 11,459.5 10,879.5 10,190.2 9,759.1 9,286.7 8,766.4 8,530.5 8,284.7 7,777.1 7,279.6 7,040.4 6,678.8 6,288.5 5,869.2 5,506.4 4,726.8 4,959.9 4,522.3 4,127.5 5,777.8 5,541.8 5,181.5 4,750.4 1,924.4 1,770 1,537.3 1,271.2 1,175.1 800.2 288.9 284.2 279.0 204.6 62.4 63.7 65.9 82.4 85.7 88.9 90.7 94.5 91.3 52.3
Cash Flow
Operating Cash Flow 911.9 892.5 841 715.4 581.6 822.6 706.5 620.5 265.4 228.3 548.4 665.7 371.4 437.9 383.2 446.7 223 567.7 501.4 542.7 477.6 627.5 274.6 229.9 352.8 552.7 396.3 316 333.2 338.1 319.8 231.5 280.2 332 353.9 216.5 241.5 325.1 259.6 249.7 208.5 21.4 10.4 12.3 11.9 (0.9) 3.1 (7.9) 2.9 (5.9) 2.5 (9.3) (0.3) (7.1) 4.7 (10.6) (1.1) 1.9 (4.9) (3.9) (5.8)
Capital Expenditure (103.3) (162.5) (105.4) (155.3) (116.6) (312) (247.9) (309.4) (241.9) (435.5) (256.3) (178.3) (194.1) (137.7) (169.1) (130.5) (95.1) (150.9) (68.3) (75.7) (58.6) (61.9) (64.4) (110) (105.2) (142) (86.7) (82.1) (114.8) (55.5) (47) (44.8) (40.1) (31) (51.4) (55.3) (53) (17.8) (15.1) (11.4) (9.6) (1.3) (3.6) (1.0) (20.9) (0.5) (0.6) (0.9) (0.7) (0.3) (0.6) (0.4) (0.8) (4.0) (1.8) (0.8) (1.4) (1.3) (0.6) (1.0) (0.8)
Free Cash Flow 808.6 730 735.6 560.1 465 510.6 458.6 311.1 23.5 (207.2) 292.1 487.4 177.3 300.2 214.1 316.2 127.9 416.8 433.1 467 419 565.6 210.2 119.9 247.6 410.7 309.6 233.9 218.4 282.6 272.8 186.7 240.1 301 302.5 161.2 188.5 307.3 244.5 238.3 198.9 20.0 6.8 11.3 (9.0) (1.5) 2.5 (8.8) 2.2 (6.3) 1.9 (9.7) (1.1) (11.1) 2.9 (11.4) (2.5) 0.6 (5.5) (4.9) (6.6)