MRNA - Moderna, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$40.29
DETAILS
HIGH:
$49.00
LOW:
$33.00
MEDIAN:
$38.00
CONSENSUS:
$40.29
DOWNSIDE:
15.48%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||
| Revenue | 389 | 678 | 1,016 | 142 | 107 | 956 | 1,855 | 221 | 167 | 2,813 | 1,831 | 344 | 1,838 | 5,149 | 3,220 | 4,566 | 5,940 | 6,949 | 4,829 | 4,215 | 1,743 | 570.7 | 157.9 | 66.4 | 8.4 | 14.1 | 17.0 | 13.1 | 16.0 | 35.4 | 41.8 | 28.9 | 29.0 | 91.9 | 42.5 | 35.7 | 35.7 |
| Cost of Revenue | 955 | 452 | 1,008 | 119 | 90 | 739 | 514 | 115 | 96 | 929 | 2,241 | 731 | 792 | 1,918 | 1,100 | 1,381 | 1,017 | 952 | 722 | 750 | 193 | 15.6 | 8.5 | 7.6 | 7.4 | 8.9 | 7.3 | 7.5 | 7.3 | 7.3 | 6.5 | 104.5 | 90.1 | 5.9 | 5.1 | 99.5 | 99.5 |
| Gross Profit | (566) | 226 | 8 | 23 | 17 | 217 | 1,341 | 106 | 71 | 1,884 | (410) | (387) | 1,046 | 3,231 | 2,120 | 3,185 | 4,923 | 5,997 | 4,107 | 3,465 | 1,550 | 555.1 | 149.4 | 58.8 | 0.9 | 5.1 | 9.7 | 5.6 | 8.7 | 28.1 | 35.3 | (75.6) | (61.1) | 86.0 | 37.3 | (63.8) | (63.8) |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||
| R&D Expenses | 649 | 775 | 801 | 700 | 856 | 1,122 | 1,137 | 1,221 | 1,027 | 1,406 | 1,160 | 1,148 | 1,131 | 1,211 | 820 | 710 | 554 | 648 | 521 | 421 | 401 | 758.9 | 344.5 | 151.9 | 115.1 | 117.5 | 119.7 | 128.5 | 130.6 | 150.4 | 109.0 | 104.5 | 90.1 | 117.8 | 93.6 | 99.5 | 99.5 |
| SG&A Expenses | 173 | 308 | 268 | 230 | 212 | 351 | 281 | 268 | 274 | 470 | 442 | 332 | 305 | 375 | 278 | 211 | 268 | 201 | 168 | 121 | 77 | 79.0 | 48 | 37 | 24.1 | 25.6 | 28.2 | 28.5 | 27.3 | 38.0 | 18.5 | 21.4 | 16.3 | 15.9 | 16.7 | 16.0 | 16.0 |
| Other Expenses | 0 | 0 | (801) | 0 | (1) | (10) | (7) | (20) | 36 | 2 | 0 | 0 | (24) | 65 | (144) | (183) | (126) | (262) | (140) | (139) | (194) | (7.7) | (8.0) | (8.0) | (7.4) | (7.5) | (7.4) | (7.7) | (130.6) | (7.3) | (6.5) | (104.5) | (90.1) | (5.9) | 184.4 | (99.5) | (99.5) |
| Operating Expenses | 822 | 1,083 | 268 | 930 | 1,067 | 1,463 | 1,411 | 1,469 | 1,337 | 1,878 | 1,602 | 1,480 | 1,412 | 1,651 | 954 | 738 | 696 | 587 | 549 | 403 | 284 | 830.1 | 384.5 | 180.9 | 131.8 | 135.7 | 140.5 | 149.3 | 27.3 | 181.1 | 121.1 | 21.4 | 16.3 | 127.8 | 294.7 | 16.0 | 16.0 |
| Operating Income | |||||||||||||||||||||||||||||||||||||
| Operating Income | (1,388) | (857) | (260) | (907) | (1,050) | (1,246) | (70) | (1,363) | (1,266) | 6 | (2,012) | (1,867) | (366) | 1,580 | 1,166 | 2,447 | 4,227 | 5,410 | 3,558 | 3,062 | 1,266 | (275.0) | (235.1) | (122.1) | (130.9) | (130.6) | (130.8) | (143.7) | (141.6) | (153.0) | (85.8) | (97.0) | (77.4) | (41.8) | (67.9) | (79.8) | (79.8) |
| Interest Expense | 17 | 0 | 0 | 1 | 1 | 6 | 6 | 6 | 6 | 6 | 10 | 13 | 9 | 10 | 8 | 5 | 6 | 6 | 4 | 5 | 3 | 3.5 | 2.8 | 1.9 | 1.7 | 2.0 | 1.7 | 1.8 | 1.5 | 1.5 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0 |
| Interest Income | 72 | 70 | 73 | 81 | 90 | 91 | 103 | 111 | 120 | 103 | 105 | 104 | 109 | 87 | 58 | 40 | 15 | 7 | 4 | 3 | 4 | 4.2 | 5.6 | 7.1 | 7.9 | 8.0 | 9.3 | 10.3 | 11.0 | 8.9 | 6.5 | 6.4 | 5.2 | 3.8 | 3.9 | 3.6 | 3.6 |
| Profitability | |||||||||||||||||||||||||||||||||||||
| EBITDA | (1,329) | (732) | (135) | (760) | (924) | (1,118) | 79 | (1,232) | (1,123) | 278 | (1,699) | (1,646) | (218) | 1,745 | 1,338 | 2,555 | 4,306 | 5,488 | 3,626 | 3,137 | 1,278 | (259.8) | (221.4) | (107.1) | (115.0) | (113.5) | (114.5) | (126.3) | (123.8) | (132.4) | (73.8) | (84.6) | (67.2) | (35.9) | (62.7) | (75.1) | (75.1) |
| EBIT | (1,388) | (799) | (187) | (817) | (963) | (1,178) | 27 | (1,273) | (1,159) | 76 | (1,948) | (1,736) | (296) | 1,665 | 1,225 | 2,479 | 4,235 | 5,416 | 3,556 | 3,068 | 1,263 | (267.5) | (229.9) | (114.7) | (122.5) | (122.4) | (121.7) | (133.8) | (131.1) | (139.7) | (80.3) | (90.5) | (72.3) | (41.8) | (67.9) | (79.8) | (79.8) |
| Income Before Tax | (1,334) | (799) | (187) | (818) | (964) | (1,184) | 21 | (1,279) | (1,165) | 70 | (1,958) | (1,749) | (305) | 1,655 | 1,217 | 2,474 | 4,229 | 5,410 | 3,552 | 3,063 | 1,260 | (271.0) | (232.8) | (116.6) | (124.2) | (123.5) | (123.4) | (135.3) | (132.6) | (141.3) | (80.3) | (90.4) | (72.4) | (38.1) | (64.8) | (76.5) | (76.5) |
| Income Tax Expense | 9 | 27 | 13 | 7 | 7 | (64) | 8 | 0 | 10 | (147) | 1,672 | (369) | (384) | 190 | 174 | 277 | 572 | 542 | 219 | 283 | 39 | 1.5 | 0.9 | 0.1 | 0.1 | (0.2) | (0.2) | (0.3) | (0.0) | 0.2 | 0 | 0.2 | (0.2) | (0.2) | (0.0) | 0.0 | 0.0 |
| Net Income | (1,343) | (826) | (200) | (825) | (971) | (1,120) | 13 | (1,279) | (1,175) | 217 | (3,630) | (1,380) | 79 | 1,465 | 1,043 | 2,197 | 3,657 | 4,868 | 3,333 | 2,780 | 1,221 | (272.5) | (233.6) | (116.7) | (124.2) | (123.3) | (123.2) | (135.1) | (132.6) | (141.4) | (80.3) | (90.6) | (72.4) | (37.9) | (68.3) | (80.1) | (80.1) |
| Per Share Data | |||||||||||||||||||||||||||||||||||||
| EPS (Basic) | -3.40 | -2.11 | -0.51 | -2.13 | -2.52 | -2.91 | 0.03 | -3.33 | -3.08 | 0.57 | -9.53 | -3.62 | 0.20 | 3.81 | 2.67 | 5.55 | 9.09 | 12.03 | 8.27 | 6.93 | 3.05 | -0.69 | -0.59 | -0.31 | -0.35 | -0.37 | -0.37 | -0.41 | -0.40 | -0.44 | -0.27 | -0.24 | -0.19 | -0.13 | -1.05 | -1.25 | -1.25 |
| EPS (Diluted) | -3.40 | -2.11 | -0.51 | -2.13 | -2.52 | -2.91 | 0.03 | -3.33 | -3.08 | 0.55 | -9.53 | -3.62 | 0.20 | 3.62 | 2.53 | 5.24 | 8.58 | 11.29 | 7.70 | 6.46 | 2.84 | -0.69 | -0.59 | -0.31 | -0.35 | -0.37 | -0.37 | -0.41 | -0.40 | -0.44 | -0.27 | -0.24 | -0.19 | -0.13 | -1.05 | -1.25 | -1.25 |
| Shares Outstanding | 395 | 392 | 390.0 | 388 | 386 | 385 | 385 | 384 | 382 | 381 | 381 | 381 | 386 | 385 | 390 | 396 | 402 | 405 | 404 | 402 | 400 | 396 | 394.9 | 377.4 | 353 | 334.4 | 330.8 | 329.2 | 328.8 | 328.8 | 324.4 | 395 | 395 | 296.7 | 64.7 | 64.1 | 64.1 |
| 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 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,908 | 2,595 | 1,132 | 1,279 | 1,623 | 1,927 | 1,644 | 2,478 | 2,051 | 2,907 | 2,932 | 3,801 | 3,441 | 3,205 | 3,027 | 2,873 | 5,048 | 6,848 | 5,550 | 5,603 | 5,442 | 2,624 | 1,505.6 | 1,761.6 | 391.7 | 235.9 | 173.7 | 151.6 | 502.9 | 658.4 | 167.1 | 140.6 | (756.0) | 134.9 | (1,058.1) |
| Short-Term Investments | 3,297 | 3,204 | 3,372 | 3,852 | 4,352 | 5,098 | 5,223 | 6,010 | 6,472 | 5,697 | 4,641 | 4,658 | 5,482 | 6,697 | 5,321 | 5,024 | 5,067 | 3,879 | 3,356 | 2,387 | 2,293 | 1,984 | 1,770.7 | 955.4 | 826.0 | 867.1 | 884.8 | 918.7 | 606.0 | 863.1 | 905.1 | 974.2 | 1,512.1 | 621.2 | 2,116.3 |
| Net Receivables | 147 | 184 | 1,394 | 457 | 306 | 592 | 1,836 | 423 | 387 | 1,081 | 2,146 | 688 | 1,521 | 1,685 | 2,821 | 2,844 | 3,364 | 3,323 | 3,199 | 2,071 | 3,228 | 1,408 | 213.5 | 57.9 | 18.8 | 16.3 | 25.2 | 17.9 | 24.0 | 30.6 | 11.6 | 12.2 | 0 | 18.4 | 0 |
| Inventory | 146 | 153 | 332 | 240 | 128 | 117 | 412 | 399 | 295 | 202 | 487 | 715 | 732 | 949 | 2,077 | 1,921 | 1,942 | 1,441 | 965 | 643 | 494 | 47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 141 | 408 | 132 | 57 | 69 | 58 | 46 | 31 | 68 | 88 | 96 | 53 | 64 | 44 | 162 | 134 | 71 | 26 | 94 | 68 | 0 | 11 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.1 | 0 | 0.6 | 0.8 | 7.5 | 0 | 1.0 | 0 |
| Total Current Assets | 5,770 | 6,544 | 6,598 | 6,171 | 6,766 | 8,099 | 9,666 | 9,661 | 9,600 | 10,325 | 10,799 | 10,599 | 12,122 | 13,431 | 14,297 | 13,563 | 16,350 | 16,071 | 13,425 | 10,969 | 11,703 | 6,298 | 3,577.2 | 2,796.7 | 1,249.9 | 1,128.8 | 1,094.5 | 1,097.4 | 1,140.8 | 1,563.0 | 1,117.9 | 1,162.9 | 756.0 | 783.2 | 1,058.1 |
| Non-Current Assets | |||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 2,792 | 2,853 | 2,864 | 2,919 | 2,964 | 2,955 | 3,165 | 2,971 | 2,760 | 2,658 | 2,717 | 2,410 | 2,135 | 2,139 | 2,132 | 1,446 | 1,473 | 1,383 | 960 | 898 | 461 | 387 | 368.6 | 322.0 | 302.6 | 287.9 | 203.7 | 208.5 | 213.5 | 212.0 | 206.5 | 202.5 | 0 | 139.0 | 0 |
| Goodwill | 52 | 0 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 116 | 0 | 47 | 48 | 49 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 2,413 | 2,336 | 2,252 | 2,380 | 2,424 | 2,508 | 2,358 | 2,357 | 3,691 | 4,743 | 5,359 | 6,224 | 7,525 | 8,360 | 8,655 | 10,162 | 9,171 | 6,843 | 6,442 | 4,207 | 468 | 639 | 692.0 | 354.9 | 502.5 | 160.0 | 279.9 | 365.0 | 437.7 | 173.0 | 150.4 | 221.8 | 0 | 145.9 | 0 |
| Other Non-Current Assets | 263 | 605 | 241 | 359 | 368 | 407 | 440 | 516 | 502 | 523 | 478 | 1,073 | 981 | 946 | 52 | 87 | 94 | 46 | 15 | 13 | 12 | 13 | 13.1 | 12.4 | 12.5 | 12.7 | 12.9 | 14.3 | 14.3 | 14.2 | 14.4 | 14.6 | (756.0) | 16.4 | (1,058.1) |
| Total Non-Current Assets | 5,718 | 5,794 | 5,537 | 5,839 | 5,938 | 6,043 | 6,137 | 6,019 | 7,129 | 8,101 | 8,651 | 11,285 | 12,003 | 12,427 | 11,759 | 12,480 | 11,259 | 8,598 | 7,498 | 5,184 | 991 | 1,039 | 1,073.7 | 689.3 | 817.6 | 460.6 | 496.4 | 587.9 | 665.4 | 399.1 | 371.2 | 438.9 | (756.0) | 301.3 | (1,058.1) |
| Total Assets | 11,488 | 12,338 | 12,135 | 12,010 | 12,704 | 14,142 | 15,803 | 15,680 | 16,729 | 18,426 | 19,450 | 21,884 | 24,125 | 25,858 | 26,056 | 26,043 | 27,609 | 24,669 | 20,923 | 16,153 | 12,694 | 7,337 | 4,650.9 | 3,486.0 | 2,067.5 | 1,589.4 | 1,590.9 | 1,685.3 | 1,806.2 | 1,962.1 | 1,489.2 | 1,601.8 | 0 | 1,084.5 | 0 |
| Current Liabilities | |||||||||||||||||||||||||||||||||||
| Account Payables | 161 | 317 | 267 | 175 | 226 | 405 | 373 | 279 | 183 | 520 | 494 | 310 | 389 | 487 | 330 | 181 | 199 | 302 | 87 | 77 | 8 | 18 | 20.5 | 18.8 | 11.0 | 7.1 | 11.7 | 29.6 | 38.5 | 31.2 | 24.4 | 27.5 | 0 | 20.7 | 0 |
| Short-Term Debt | 50 | 0 | 48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 102 | 99 | 163 | 218 | 125 | 153 | 379 | 702 | 559 | 568 | 1,372 | 1,040 | 1,219 | 2,038 | 4,002 | 4,093 | 5,599 | 6,253 | 7,977 | 7,302 | 7,531 | 3,867 | 1,234.5 | 45.2 | 58.8 | 63.3 | 70.2 | 83.4 | 74.0 | 109.1 | 115.4 | 0 | 0 | 96.7 | 0 |
| Other Current Liabilities | 1,974 | 1,571 | 893 | 654 | 666 | 863 | 665 | 758 | 834 | 842 | 491 | 141 | 104 | 243 | 434 | 378 | 108 | 140 | 117 | 128 | 182 | 99 | 53.8 | 33.4 | 22.3 | 32.5 | 29.8 | 20.4 | 16.1 | 26.9 | 1.2 | 139.1 | 0 | 19.5 | 0 |
| Total Current Liabilities | 2,395 | 1,987 | 1,681 | 1,572 | 1,604 | 2,206 | 2,201 | 2,363 | 2,380 | 3,015 | 4,385 | 3,123 | 3,499 | 4,923 | 6,807 | 6,812 | 9,238 | 9,128 | 9,957 | 8,840 | 8,441 | 4,389 | 1,473.6 | 161.6 | 134.6 | 143.1 | 147.8 | 162.0 | 159.2 | 222.8 | 186.4 | 200.0 | 0 | 191.5 | 0 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt | 590 | 1,243 | 660 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.7 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 253 | 0 | 239 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 30 | (368) | (618) | 276 | 274 | 267 | 276 | 266 | 262 | 256 | 172 | 173 | 163 | 135 | 81 | 113 | 91 | 76 | 1 | 1 | 2 | 3 | 2.2 | 1.2 | 1.2 | 0.1 | 14.0 | 11.2 | 10.8 | 10.3 | 12.3 | 226.2 | 0 | 9.1 | 0 |
| Total Non-Current Liabilities | 1,685 | 1,701 | 1,124 | 1,039 | 1,034 | 1,035 | 1,675 | 1,605 | 1,532 | 1,557 | 1,610 | 1,812 | 1,763 | 1,812 | 1,257 | 1,246 | 1,296 | 1,396 | 842 | 609 | 415 | 387 | 417.5 | 377.5 | 292.1 | 271.5 | 191.2 | 184.7 | 201.0 | 209.1 | 226.3 | 252.9 | 0 | 267.7 | 0 |
| Total Liabilities | 4,080 | 3,688 | 2,805 | 2,611 | 2,638 | 3,241 | 3,876 | 3,968 | 3,912 | 4,572 | 5,995 | 4,935 | 5,262 | 6,735 | 8,064 | 8,058 | 10,534 | 10,524 | 10,799 | 9,449 | 8,856 | 4,776 | 1,891.1 | 539.1 | 426.7 | 414.6 | 339.1 | 346.7 | 360.2 | 431.9 | 412.7 | 452.9 | 0 | 459.2 | 0 |
| 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 |
| Retained Earnings | 5,880 | 7,223 | 8,049 | 8,249 | 9,074 | 10,045 | 11,165 | 11,152 | 12,431 | 13,606 | 13,389 | 17,019 | 18,399 | 18,320 | 16,855 | 15,812 | 13,615 | 9,958 | 5,090 | 1,757 | (1,023) | (2,244) | (1,971.0) | (1,737.4) | (1,620.7) | (1,496.5) | (1,369.5) | (1,246.4) | (1,111.3) | (1,006.6) | (874.0) | (784.9) | 0 | (621.9) | 0 |
| Accumulated Other Comprehensive Income | 25 | 45 | 27 | 23 | 10 | (10) | 11 | (71) | (101) | (123) | (211) | (263) | (267) | (370) | (351) | (240) | (184) | (24) | 31 | 16 | 1 | 3 | 4.8 | 8.3 | (6.1) | 1.8 | 2.8 | 2.7 | 0.6 | (1.3) | (0.9) | (2.0) | (551.4) | (1.2) | (334.8) |
| Total Stockholders' Equity | 7,408 | 8,650 | 9,330 | 9,399 | 10,066 | 10,901 | 11,927 | 11,712 | 12,817 | 13,854 | 13,455 | 16,949 | 18,863 | 19,123 | 17,992 | 17,985 | 17,075 | 14,145 | 10,124 | 6,704 | 3,838 | 2,561 | 2,759.8 | 2,946.9 | 1,640.9 | 1,174.8 | 1,251.8 | 1,338.6 | 1,446.0 | 1,530.2 | 1,076.4 | 1,148.9 | 625.3 | 625.3 | 841.9 |
| Total Liabilities & Equity | 11,488 | 12,338 | 12,135 | 12,010 | 12,704 | 14,142 | 15,803 | 15,680 | 16,729 | 18,426 | 19,450 | 21,884 | 24,125 | 25,858 | 26,056 | 26,043 | 27,609 | 24,669 | 20,923 | 16,153 | 12,694 | 7,337 | 4,650.9 | 3,486.0 | 2,067.5 | 1,589.4 | 1,590.9 | 1,685.3 | 1,806.2 | 1,962.1 | 1,489.2 | 1,601.8 | 625.3 | 1,084.5 | 841.9 |
| Debt Metrics | |||||||||||||||||||||||||||||||||||
| Total Debt | 1,298 | 1,916 | 1,394 | 741 | 745 | 747 | 1,355 | 1,269 | 1,237 | 1,243 | 1,455 | 1,168 | 1,108 | 1,200 | 1,261 | 887 | 947 | 916 | 583 | 603 | 234 | 237 | 212.3 | 167.8 | 147.8 | 132.4 | 33.8 | 33.6 | 33.4 | 33.5 | 26.9 | 26.7 | 0 | 15.7 | 0 |
| Net Debt | (610) | (679) | 261 | (538) | (878) | (1,180) | (289) | (1,209) | (814) | (1,664) | (1,477) | (2,633) | (2,333) | (2,005) | (1,766) | (1,986) | (4,101) | (5,932) | (4,967) | (5,000) | (5,208) | (2,387) | (1,293.3) | (1,593.9) | (243.9) | (103.5) | (139.9) | (118.0) | (469.6) | (624.9) | (140.2) | (113.9) | 756.0 | (119.2) | 1,058.1 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||||
| Net Income | (1,343) | (826) | (200) | (825) | (971) | (1,120) | 13 | (1,279) | (1,175) | 217 | (3,630) | (1,380) | 79 | 1,465 | 1,043 | 2,197 | 3,657 | 4,868 | 3,333 | 2,780 | 1,221 | (272.5) | (233.6) | (116.7) | (124.2) | (123.1) | (123.2) | (135.1) | (132.7) | (141.4) | (80.3) | (90.6) | (72.4) | (37.9) | (64.8) | (76.6) | (76.6) |
| Depreciation & Amortization | 59 | 0 | 0 | 57 | 39 | 60 | 52 | 41 | 36 | 202 | 249 | 92 | 78 | 80 | 113 | 76 | 79 | 78 | 70 | 69 | 15 | 7.7 | 8.5 | 8 | 7 | 8.9 | 7.3 | 7.5 | 7.3 | 7.3 | 6.5 | 5.9 | 5.2 | 5.9 | 5.1 | 4.7 | 4.7 |
| Stock-Based Compensation | 104 | 0 | 0 | 130 | 115 | 104 | 112 | 112 | 101 | 79 | 77 | 74 | 75 | 62 | 70 | 50 | 44 | 37 | 40 | 35 | 30 | 25.5 | 23.2 | 25 | 20 | 20.3 | 20.8 | 21.5 | 18.5 | 31.6 | 14.7 | 14.4 | 11.9 | 11.0 | 10.4 | 9.3 | 9.3 |
| Change in Working Capital | 553 | 1,580 | (818) | (297) | (211) | 1,737 | 86 | (146) | 60 | 249 | 182 | 574 | (1,144) | 153 | (904) | (1,815) | (889) | (1,465) | (170) | 1,193 | 1,750 | 1,436.2 | 1,091.5 | 59.8 | (10.5) | (1.9) | (10.9) | (1.3) | (36.1) | 11.3 | (20.5) | 22.6 | (55.9) | (81.7) | 33.8 | (1.2) | (1.2) |
| Other Non-Cash Items | (3) | 197 | 171 | 16 | (9) | 44 | (1,829) | (2) | (11) | (19) | 58 | (55) | (3) | (12) | 27 | 26 | 18 | 21 | 3 | 8 | 5 | 67.4 | 3.2 | 0.0 | 1.5 | (0.1) | (1.0) | (4.9) | (1.0) | 0.1 | (0.6) | (0.4) | (0.1) | (0.3) | (27.2) | (29.2) | (29.2) |
| Operating Cash Flow | (630) | 951 | (847) | (919) | (1,037) | 825 | (1,566) | (1,274) | (989) | 622 | (1,600) | (915) | (1,225) | 1,662 | 252 | 304 | 2,763 | 3,310 | 3,276 | 4,063 | 2,971 | 1,264.3 | 892.7 | (23.9) | (106.2) | (95.8) | (107.0) | (112.2) | (143.9) | (91.0) | (80.2) | (48.2) | (111.4) | (102.9) | (42.6) | (93.0) | (93.0) |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (62) | (39) | (33) | (3) | (127) | (522) | (151) | (182) | (196) | (220) | (140) | (234) | (113) | (92) | (89) | (87) | (132) | (120) | (99) | (30) | (35) | (23.3) | (19.3) | (18.6) | (6.2) | (6.7) | (6.7) | (10.6) | (7.6) | (13.6) | (26.1) | (34.1) | (31.9) | (12.0) | (29.1) | (8.7) | (8.7) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (85) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (1,348) | (1,547) | (1,162) | (1,295) | (1,764) | (1,888) | (1,251) | (846) | (2,544) | (1,663) | (816) | (196) | (1,108) | (2,510) | (191) | (3,162) | (5,572) | (2,373) | (3,720) | (5,833) | (726) | (630.2) | (1,422.5) | (282.4) | (621.3) | (195.9) | (106.0) | (413.8) | (429.5) | (276.5) | (113.2) | (177.7) | (660.2) | (209.8) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 1,334 | 1,538 | 1,895 | 1,862 | 2,621 | 1,871 | 2,123 | 2,677 | 2,858 | 1,345 | 1,745 | 2,374 | 3,317 | 1,559 | 1,225 | 2,097 | 1,818 | 1,385 | 492 | 1,985 | 581 | 463.3 | 263.6 | 313.5 | 311.5 | 333.0 | 226.0 | 177.5 | 425.4 | 296.3 | 255.4 | 200.2 | 208.4 | 335.8 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | (10) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (5) | 0 | 0 | (35) | (30) | 0 | 0 | 0 | 0 | 0 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.4 | 0 | 0 | (1.3) | 43.9 | 152.9 | 152.9 |
| Investing Cash Flow | (76) | (48) | 700 | 564 | 730 | (539) | 721 | 1,649 | 118 | (538) | 789 | 1,944 | 2,011 | (1,048) | 945 | (1,152) | (3,921) | (1,138) | (3,327) | (3,878) | (180) | (190.1) | (1,178.3) | 13 | (316.0) | 130.3 | 113.4 | (246.9) | (11.8) | 6.4 | 116.5 | (11.6) | (483.7) | 112.8 | 14.8 | 144.3 | 144.3 |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 545 | (3) | (5) | 2 | (14) | 3 | 2 | (1) | (124) | (65) | (56) | (25) | (61) | (46) | (46) | (31) | (44) | (34) | (60) | (2) | (6.3) | (0.0) | 0.0 | 0 | 0.3 | 0.3 | 0.2 | 0.2 | 11.8 | (1.5) | (1.3) | 0.4 | 1.4 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | (628) | (526) | (402) | (1,006) | (1,298) | (623) | (857) | 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 | (7.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.7) | (0.7) |
| Other Financing Activities | (2) | (1) | 0 | 0 | (1) | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.0 | 0.3 | (0.2) | 28.1 | (3.3) | 15.5 | 7.6 | 0 | 0 | 0.3 | 0.0 | 0.0 | 0.1 | 0 | 0.1 | 0.1 |
| Financing Cash Flow | 17 | 560 | (1) | 9 | 4 | (3) | 11 | 34 | 14 | (109) | (58) | (668) | (542) | (438) | (1,041) | (1,327) | (642) | (873) | (2) | (24) | 26 | 44.1 | 30 | 1,381.3 | 578.1 | 27.6 | 15.8 | 7.8 | 0.3 | 575.9 | (9.4) | 110.4 | 550.0 | 1.5 | (0.0) | (0.7) | (0.7) |
| Cash Position | |||||||||||||||||||||||||||||||||||||
| Net Change in Cash | (688) | 1,462 | (147) | (345) | (303) | 282 | (833) | 409 | (857) | (25) | (869) | 361 | 244 | 176 | 156 | (2,175) | (1,800) | 1,299 | (53) | 161 | 2,817 | 1,118.3 | (255.8) | 1,369.9 | 155.8 | 62.2 | 22.1 | (351.3) | (155.7) | 491.3 | 14.1 | 50.5 | (45.1) | 11.4 | (27.9) | 50.6 | 50.6 |
| Cash at Beginning | 2,597 | 1,133 | 1,280 | 1,626 | 1,929 | 1,647 | 2,480 | 2,071 | 2,928 | 2,953 | 3,822 | 3,461 | 3,217 | 3,041 | 2,885 | 5,060 | 6,860 | 5,561 | 5,614 | 5,453 | 2,636 | 1,517.7 | 1,773.5 | 403.5 | 247.7 | 185.5 | 163.4 | 514.8 | 670.5 | 167.1 | 153.0 | 102.5 | 147.6 | 123.4 | 151.3 | 100.7 | 0 |
| Cash at End | 1,909 | 2,595 | 1,132 | 1,281 | 1,626 | 1,929 | 1,647 | 2,480 | 2,071 | 2,928 | 2,953 | 3,822 | 3,461 | 3,217 | 3,041 | 2,885 | 5,060 | 6,860 | 5,561 | 5,614 | 5,453 | 2,635.9 | 1,517.7 | 1,773.5 | 403.5 | 247.7 | 185.5 | 163.4 | 514.8 | 658.4 | 167.1 | 153.0 | 102.5 | 134.9 | 123.4 | 151.3 | 50.6 |
| Free Cash Flow | (692) | 912 | (880) | (922) | (1,164) | 303 | (1,717) | (1,456) | (1,185) | 402 | (1,740) | (1,149) | (1,338) | 1,570 | 163 | 217 | 2,631 | 3,190 | 3,177 | 4,033 | 2,936 | 1,241.0 | 873.5 | (42.5) | (112.4) | (102.4) | (113.8) | (122.8) | (151.5) | (104.7) | (106.4) | (82.3) | (143.3) | (114.9) | (71.7) | (101.6) | (101.6) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 389 | 678 | 1,016 | 142 | 107 | 956 | 1,855 | 221 | 167 | 2,813 | 1,831 | 344 | 1,838 | 5,149 | 3,220 | 4,566 | 5,940 | 6,949 | 4,829 | 4,215 | 1,743 | 570.7 | 157.9 | 66.4 | 8.4 | 14.1 | 17.0 | 13.1 | 16.0 | 35.4 | 41.8 | 28.9 | 29.0 | 91.9 | 42.5 | 35.7 | 35.7 |
| Gross Profit | (566) | 226 | 8 | 23 | 17 | 217 | 1,341 | 106 | 71 | 1,884 | (410) | (387) | 1,046 | 3,231 | 2,120 | 3,185 | 4,923 | 5,997 | 4,107 | 3,465 | 1,550 | 555.1 | 149.4 | 58.8 | 0.9 | 5.1 | 9.7 | 5.6 | 8.7 | 28.1 | 35.3 | (75.6) | (61.1) | 86.0 | 37.3 | (63.8) | (63.8) |
| Operating Income | (1,388) | (857) | (260) | (907) | (1,050) | (1,246) | (70) | (1,363) | (1,266) | 6 | (2,012) | (1,867) | (366) | 1,580 | 1,166 | 2,447 | 4,227 | 5,410 | 3,558 | 3,062 | 1,266 | (275.0) | (235.1) | (122.1) | (130.9) | (130.6) | (130.8) | (143.7) | (141.6) | (153.0) | (85.8) | (97.0) | (77.4) | (41.8) | (67.9) | (79.8) | (79.8) |
| Net Income | (1,343) | (826) | (200) | (825) | (971) | (1,120) | 13 | (1,279) | (1,175) | 217 | (3,630) | (1,380) | 79 | 1,465 | 1,043 | 2,197 | 3,657 | 4,868 | 3,333 | 2,780 | 1,221 | (272.5) | (233.6) | (116.7) | (124.2) | (123.3) | (123.2) | (135.1) | (132.6) | (141.4) | (80.3) | (90.6) | (72.4) | (37.9) | (68.3) | (80.1) | (80.1) |
| EPS (Diluted) | -3.40 | -2.11 | -0.51 | -2.13 | -2.52 | -2.91 | 0.03 | -3.33 | -3.08 | 0.55 | -9.53 | -3.62 | 0.20 | 3.62 | 2.53 | 5.24 | 8.58 | 11.29 | 7.70 | 6.46 | 2.84 | -0.69 | -0.59 | -0.31 | -0.35 | -0.37 | -0.37 | -0.41 | -0.40 | -0.44 | -0.27 | -0.24 | -0.19 | -0.13 | -1.05 | -1.25 | -1.25 |
| Balance Sheet | |||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,908 | 2,595 | 1,132 | 1,279 | 1,623 | 1,927 | 1,644 | 2,478 | 2,051 | 2,907 | 2,932 | 3,801 | 3,441 | 3,205 | 3,027 | 2,873 | 5,048 | 6,848 | 5,550 | 5,603 | 5,442 | 2,624 | 1,505.6 | 1,761.6 | 391.7 | 235.9 | 173.7 | 151.6 | 502.9 | 658.4 | 167.1 | 140.6 | (756.0) | 134.9 | (1,058.1) | ||
| Total Assets | 11,488 | 12,338 | 12,135 | 12,010 | 12,704 | 14,142 | 15,803 | 15,680 | 16,729 | 18,426 | 19,450 | 21,884 | 24,125 | 25,858 | 26,056 | 26,043 | 27,609 | 24,669 | 20,923 | 16,153 | 12,694 | 7,337 | 4,650.9 | 3,486.0 | 2,067.5 | 1,589.4 | 1,590.9 | 1,685.3 | 1,806.2 | 1,962.1 | 1,489.2 | 1,601.8 | 0 | 1,084.5 | 0 | ||
| Total Debt | 1,298 | 1,916 | 1,394 | 741 | 745 | 747 | 1,355 | 1,269 | 1,237 | 1,243 | 1,455 | 1,168 | 1,108 | 1,200 | 1,261 | 887 | 947 | 916 | 583 | 603 | 234 | 237 | 212.3 | 167.8 | 147.8 | 132.4 | 33.8 | 33.6 | 33.4 | 33.5 | 26.9 | 26.7 | 0 | 15.7 | 0 | ||
| Stockholders' Equity | 7,408 | 8,650 | 9,330 | 9,399 | 10,066 | 10,901 | 11,927 | 11,712 | 12,817 | 13,854 | 13,455 | 16,949 | 18,863 | 19,123 | 17,992 | 17,985 | 17,075 | 14,145 | 10,124 | 6,704 | 3,838 | 2,561 | 2,759.8 | 2,946.9 | 1,640.9 | 1,174.8 | 1,251.8 | 1,338.6 | 1,446.0 | 1,530.2 | 1,076.4 | 1,148.9 | 625.3 | 625.3 | 841.9 | ||
| Cash Flow | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | (630) | 951 | (847) | (919) | (1,037) | 825 | (1,566) | (1,274) | (989) | 622 | (1,600) | (915) | (1,225) | 1,662 | 252 | 304 | 2,763 | 3,310 | 3,276 | 4,063 | 2,971 | 1,264.3 | 892.7 | (23.9) | (106.2) | (95.8) | (107.0) | (112.2) | (143.9) | (91.0) | (80.2) | (48.2) | (111.4) | (102.9) | (42.6) | (93.0) | (93.0) |
| Capital Expenditure | (62) | (39) | (33) | (3) | (127) | (522) | (151) | (182) | (196) | (220) | (140) | (234) | (113) | (92) | (89) | (87) | (132) | (120) | (99) | (30) | (35) | (23.3) | (19.3) | (18.6) | (6.2) | (6.7) | (6.7) | (10.6) | (7.6) | (13.6) | (26.1) | (34.1) | (31.9) | (12.0) | (29.1) | (8.7) | (8.7) |
| Free Cash Flow | (692) | 912 | (880) | (922) | (1,164) | 303 | (1,717) | (1,456) | (1,185) | 402 | (1,740) | (1,149) | (1,338) | 1,570 | 163 | 217 | 2,631 | 3,190 | 3,177 | 4,033 | 2,936 | 1,241.0 | 873.5 | (42.5) | (112.4) | (102.4) | (113.8) | (122.8) | (151.5) | (104.7) | (106.4) | (82.3) | (143.3) | (114.9) | (71.7) | (101.6) | (101.6) |