Northrop Grumman Corporation logo NOC - Northrop Grumman Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 20
HOLD 14
SELL 1
STRONG
SELL 0
| PRICE TARGET: $731.46 DETAILS
HIGH: $815.00
LOW: $623.00
MEDIAN: $750.00
CONSENSUS: $731.46
UPSIDE: 31.66%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 9,881 11,712 10,423 10,351 9,468 10,686 9,996 10,218 10,133 10,638 9,775 9,576 9,301 10,033 8,971 8,801 8,797 8,639 8,720 9,151 9,157 10,212 9,083 8,884 8,620 8,721 8,475 8,456 8,189 8,156 8,085 7,119 6,735 6,634 6,527 6,375 6,267 6,397 6,155 6,000 5,956 5,694 5,979 5,896 5,957 6,108 5,984 6,039 5,848 6,157 6,106 6,294 6,104 6,476 6,270 6,274 6,198 6,506 6,612 6,560 6,734 8,607 8,714 8,826 8,610 7,752 8,726 8,957 8,320 9,154 8,381 8,628 7,724 8,824 7,928 7,929 7,344 8,021 7,433 7,601 7,184 7,860 7,446 7,962 7,453 7,846 7,408 7,374 7,105 7,094 6,627 4,830 4,396 4,304 3,663 1,986 2,229 1,731 1,856 2,080
Cost of Revenue 7,921 9,416 8,196 8,141 7,888 8,754 7,890 8,027 8,000 10,153 7,734 7,536 7,316 8,209 7,153 6,842 6,924 7,088 6,786 7,108 7,417 8,122 7,243 7,058 6,898 6,615 6,748 6,726 6,493 6,487 6,090 5,557 5,170 5,221 5,016 4,854 4,758 4,920 4,667 4,583 4,561 4,378 4,522 4,442 4,542 4,653 4,635 4,629 4,461 4,828 4,761 4,906 4,787 4,915 4,962 4,920 4,841 5,070 5,198 5,163 5,355 7,004 7,188 7,340 7,077 6,381 7,303 7,530 6,916 7,326 6,825 7,025 6,522 7,182 6,330 6,361 5,948 6,593 6,100 6,155 5,894 6,421 6,332 6,641 6,196 6,558 6,227 6,282 6,042 6,094 5,685 3,947 3,587 3,563 3,019 1,548 1,447 1,191 1,220 1,426
Gross Profit 1,960 2,296 2,227 2,210 1,580 1,932 2,106 2,191 2,133 485 2,041 2,040 1,985 1,824 1,818 1,959 1,873 1,551 1,934 2,043 1,740 2,090 1,840 1,826 1,722 2,106 1,727 1,730 1,696 1,669 1,995 1,562 1,565 1,413 1,511 1,521 1,509 1,477 1,488 1,417 1,395 1,316 1,457 1,454 1,415 1,455 1,349 1,410 1,387 1,329 1,345 1,388 1,317 1,561 1,308 1,354 1,357 1,436 1,414 1,397 1,379 1,603 1,526 1,486 1,533 1,371 1,423 1,427 1,404 1,828 1,556 1,603 1,202 1,642 1,598 1,568 1,396 1,428 1,333 1,446 1,290 1,439 1,114 1,321 1,257 1,288 1,181 1,092 1,063 1,000 942 883 809 741 644 438 782 540 636 654
Operating Expenses
R&D Expenses 0 0 0 0 0 1,100 0 0 0 1,200 0 0 0 1,200 0 0 0 0 0 0 0 1,100 0 0 0 953 0 0 0 764 0 0 0 639 0 0 0 705 0 0 0 712 0 0 0 569 0 0 0 507 0 0 0 520 0 0 0 0 0 0 0 0 0 0 0 610 0 0 0 576 0 0 0 0 0 0 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 971 1,025 985 1,016 877 247 818 934 894 1,167 893 940 906 690 598 628 600 1,914 524 632 531 1,681 553 529 486 2,570 576 584 560 1,132 547 481 457 619 677 703 716 646 662 620 656 627 663 641 635 693 580 590 542 561 555 582 558 737 572 580 561 637 589 556 568 815 725 770 768 851 768 774 749 920 785 797 738 882 791 824 715 806 787 764 695 905 681 705 662 751 643 609 629 612 551 472 453 427 369 248 430 211 220 245
Other Expenses 0 231 0 (231) 130 (504) 168 167 168 (1,489) 132 133 132 (972) 376 377 376 (1,105) 367 367 (1,613) (1,843) 302 303 302 (2,553) 200 200 200 (1,123) 270 258 254 (609) 2 (17) (18) (705) 0 0 0 (712) 0 0 0 (569) 0 0 0 (507) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,060 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (35) 0 0 0 0 0 0 0 0 0 0 100 87 99 95
Operating Expenses 971 1,256 985 785 1,007 843 986 1,101 1,062 878 1,025 1,073 1,038 918 974 1,005 976 809 891 999 (1,082) 938 855 832 788 970 776 784 760 773 817 739 711 649 679 686 698 646 662 620 656 627 663 641 635 693 580 590 542 561 555 604 552 720 572 580 561 637 589 556 568 815 725 770 768 851 768 774 749 3,980 785 797 738 882 791 824 715 806 787 764 695 905 681 705 662 716 643 609 629 612 551 472 453 427 369 248 530 298 319 340
Operating Income
Operating Income 989 1,040 1,242 1,425 573 1,089 1,120 1,090 1,071 (393) 1,016 967 947 906 844 954 897 742 1,043 1,044 2,822 1,152 985 994 934 1,136 951 946 936 925 1,178 823 854 767 845 855 832 831 826 797 739 689 794 813 780 762 769 820 845 768 790 806 759 824 736 774 796 799 825 841 811 788 801 716 765 520 655 653 655 (2,152) 771 806 464 760 807 744 681 622 546 682 595 534 433 616 595 572 538 483 434 388 391 411 356 314 275 (58) 252 242 317 314
Interest Expense 162 175 161 173 156 160 161 154 146 128 141 147 129 120 122 131 133 133 132 136 155 160 154 154 125 130 123 137 138 142 133 144 143 136 73 76 75 77 74 74 76 75 75 75 76 74 69 70 69 74 70 60 53 54 53 52 53 53 57 53 58 65 68 68 80 62 76 70 73 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,361 2,321 1,863 1,950 1,071 2,125 1,680 1,583 1,538 (229) 1,576 1,457 1,425 2,896 1,547 1,661 1,580 3,809 1,721 1,738 1,503 810 1,638 1,665 1,475 (98) 1,436 1,410 1,406 1,193 1,695 1,234 1,224 973 969 990 948 959 956 903 842 827 907 930 879 902 874 928 954 918 910 899 875 980 876 902 929 992 944 841 937 785 872 870 815 679 655 653 801 (1,955) 771 806 464 965 989 936 856 805 714 852 777 746 626 803 768 757 723 667 611 556 522 538 507 490 442 289 352 329 416 382
EBIT 989 1,915 1,484 1,600 734 1,711 1,349 1,257 1,239 (629) 1,259 1,134 1,127 2,514 1,220 1,331 1,273 3,478 1,407 1,438 1,209 465 1,321 1,357 1,178 (439) 1,178 1,165 1,172 927 1,497 1,120 1,142 820 858 883 863 831 826 804 752 696 804 811 780 775 763 826 855 781 790 784 765 841 748 779 809 835 812 841 816 584 736 740 686 522 660 627 627 (2,152) 771 806 464 760 806 763 690 622 549 682 604 534 438 621 595 572 538 493 438 388 391 411 354 314 275 190 252 242 317 287
Income Before Tax 1,030 1,740 1,323 1,427 578 1,551 1,188 1,146 1,131 (757) 1,118 987 998 2,452 1,090 1,150 1,144 3,345 1,275 1,302 3,016 305 1,167 1,203 1,053 (569) 1,055 1,028 1,034 785 1,237 849 871 684 785 807 773 748 769 730 676 621 729 736 704 701 694 756 786 707 720 724 712 787 695 727 756 782 755 788 758 519 746 638 692 460 620 596 590 (2,258) 742 739 409 699 731 652 590 687 474 589 517 459 435 554 596 422 442 390 347 294 300 334 264 214 192 160 219 240 273 270
Income Tax Expense 155 313 223 253 97 287 162 206 187 (222) 181 175 156 372 175 204 189 635 212 265 821 (25) 181 198 185 (160) 122 167 171 128 93 160 132 506 140 255 133 223 167 213 120 162 213 205 220 195 221 245 207 229 223 236 223 254 236 247 250 232 235 268 262 143 257 (73) 230 157 133 202 201 278 233 256 146 242 241 192 203 230 168 147 160 128 147 188 198 150 151 101 119 91 93 108 82 83 78 57 75 90 98 97
Net Income 875 1,427 1,100 1,174 481 1,264 1,026 940 944 (535) 937 812 842 2,080 915 946 955 2,710 1,063 1,037 2,195 330 986 1,005 868 (409) 933 861 863 657 1,144 689 739 178 645 552 640 525 602 517 556 459 516 531 484 506 473 511 579 478 497 488 489 533 459 480 506 548 520 520 530 376 497 711 469 413 490 394 389 (2,533) 512 495 264 454 489 460 387 453 302 430 358 331 293 367 409 272 278 295 232 224 205 224 182 131 114 103 125 132 178 173
Per Share Data
EPS (Basic) 6.16 9.99 7.69 8.17 3.33 8.66 7.02 6.37 6.34 -3.54 6.20 5.35 5.52 13.58 5.92 6.09 6.12 16.96 6.65 6.44 13.46 1.98 5.91 6.02 5.18 -2.44 5.52 5.07 5.08 3.86 7.15 4.52 4.24 1.02 3.69 3.16 3.72 3.00 3.38 2.87 3.07 2.53 2.78 2.77 2.45 2.56 2.29 2.41 2.68 2.21 2.18 2.09 2.07 2.25 1.86 1.91 2.00 2.17 1.89 1.84 1.82 1.29 1.69 2.37 1.55 1.37 1.55 1.22 1.19 -7.75 1.53 1.46 0.78 1.34 1.44 1.34 1.12 1.31 0.88 1.25 1.04 0.96 0.82 1.02 1.13 0.75 0.78 0.83 0.65 0.62 0.55 0.61 0.78 0.59 0.65 0.72 0.88 0.94 1.27 1.24
EPS (Diluted) 6.14 9.99 7.67 8.15 3.32 8.66 7.00 6.36 6.32 -3.54 6.18 5.34 5.50 13.46 5.89 6.06 6.10 16.90 6.63 6.42 13.43 1.98 5.89 6.01 5.15 -2.44 5.49 5.06 5.06 3.86 7.11 4.50 4.21 1.02 3.67 3.15 3.69 3.00 3.35 2.85 3.03 2.53 2.75 2.74 2.41 2.56 2.26 2.37 2.63 2.21 2.14 2.05 2.03 2.25 1.82 1.88 1.96 2.17 1.86 1.81 1.79 1.29 1.67 2.34 1.53 1.37 1.53 1.21 1.17 -7.75 1.51 1.44 0.76 1.34 1.41 1.31 1.10 1.31 0.86 1.23 1.02 0.96 0.81 1.00 1.11 0.75 0.76 0.82 0.65 0.62 0.54 0.61 0.77 0.59 0.64 0.71 0.88 0.93 1.27 1.24
Shares Outstanding 142.1 142.9 143.1 143.7 144.6 147 146.2 147.5 148.9 151.1 151.2 151.7 152.6 153.2 154.6 155.4 156 159.8 159.8 161 163.1 166.8 166.8 166.9 167.7 167.7 169.1 169.7 170 170 174.1 174.5 174.3 174.1 174.2 174.5 174.8 174.8 178.1 180.1 181.3 181.3 185.8 191.8 197.7 197.7 206.2 212.4 216.3 216.3 228.2 234 236.4 236.4 247.2 250.8 253.1 253.1 274.9 282.6 291.8 291.8 293.5 299.6 302.5 302.5 317.1 322 326.9 326.7 334.2 339 338.8 338.1 340.2 343.3 345.3 345.3 344.7 344 343.3 343.3 356.2 358.5 360.7 360.7 357.5 359 361.3 361.3 365.9 365.4 225.7 222.6 166.8 144.4 138.0 141.6 139.8 139.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Current Assets
Cash & Cash Equivalents 2,090 4,403 1,957 1,899 1,685 4,353 3,326 3,272 3,061 3,109 2,082 3,384 2,495 2,577 1,666 1,169 2,174 3,530 4,055 3,941 3,517 4,907 4,995 4,178 3,278 2,245 1,127 1,088 755 1,579 1,228 1,539 10,369 11,225 1,878 1,383 1,403 2,541 1,103 1,139 1,277 2,044 1,961 3,275 1,056 882 713 559 457 342 268 408 1,412 462 310 225 1,636 319 753 97 41 142 37 87 29 44 80 40 24 63 48 47 43 44 93 119 79 18 32 3 10 17 14 101 206 100 12 4 96
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 9,362 8,843 9,799 9,329 8,662 7,697 8,529 8,711 9,582 8,647 8,034 7,966 8,276 7,494 8,366 8,598 7,831 6,959 7,264 7,328 7,229 6,641 7,681 7,449 8,054 6,660 7,888 7,489 7,951 6,474 7,302 7,087 5,110 4,519 4,414 4,280 4,072 3,299 3,659 3,483 3,346 4,160 4,197 3,394 4,251 4,416 3,666 3,487 3,426 3,226 2,980 3,132 2,889 2,325 2,297 2,056 1,493 1,557 1,292 1,341 1,450 1,402 1,352 1,505 1,489 1,507 1,418 1,432 1,403 1,441 1,574 1,542 1,448 1,356 1,344 1,251 1,446 1,197 1,248 1,250 1,122 1,202 1,232 1,068 812 820 1,106 1,063 891
Inventory 0 1,309 1,615 1,553 1,578 1,455 1,646 1,504 1,370 1,109 1,355 1,287 1,115 978 989 909 838 811 872 863 860 759 853 832 785 783 810 810 778 654 719 690 435 780 1,007 1,039 933 816 797 973 898 1,148 1,289 1,170 1,099 1,178 1,102 1,220 1,319 1,147 1,226 1,158 1,091 1,107 1,222 1,386 749 585 603 627 1,240 1,190 1,424 1,336 1,424 1,373 1,580 1,582 1,424 1,283 1,315 1,270 1,172 1,053 1,114 1,089 996 771 922 987 1,076 1,043 1,061 1,015 564 569 655 655 663
Other Current Assets 3,318 543 550 1,069 1,173 583 628 568 575 635 1,478 1,051 743 1,259 1,099 799 713 944 532 409 429 2,827 549 576 880 878 883 639 866 973 759 406 243 445 300 162 160 200 212 0 0 648 627 524 487 520 691 890 847 836 1,109 1,068 10,283 653 35 30 22 65 61 797 72 59 63 111 88 109 146 162 155 149 156 140 131 144 131 108 103 86 169 172 186 169 89 101 67 71 79 71 71
Total Current Assets 14,770 15,098 13,921 13,850 13,098 14,088 14,129 14,055 14,588 13,500 12,949 13,688 12,629 12,308 12,120 11,475 11,556 12,244 12,723 12,541 12,035 15,134 14,078 13,035 12,997 10,566 10,708 10,026 10,443 9,680 10,008 9,722 16,157 16,587 7,599 6,864 6,568 6,856 5,771 5,781 5,706 8,384 8,369 8,635 7,256 7,252 6,454 6,376 6,229 5,745 5,727 5,936 15,835 4,687 4,004 3,820 3,966 2,526 2,709 2,862 2,803 2,793 2,876 3,039 3,030 3,033 3,224 3,216 3,006 2,936 3,093 2,999 2,794 2,597 2,682 2,567 2,624 2,072 2,371 2,412 2,394 2,431 2,396 2,285 1,649 1,560 1,852 1,793 1,721
Non-Current Assets
Property, Plant & Equipment 12,168 12,831 12,325 12,320 12,348 12,306 11,857 11,594 11,453 11,471 10,887 10,739 10,617 10,611 10,005 9,794 9,719 9,549 8,829 8,739 8,645 8,604 8,666 8,591 8,425 8,423 8,122 7,800 7,703 6,372 6,025 5,864 4,285 4,225 3,925 3,802 3,656 3,588 3,334 3,299 3,230 4,763 4,797 4,868 4,778 4,777 4,539 4,033 4,019 4,036 3,920 4,009 3,605 2,824 2,086 2,189 1,014 1,015 963 953 1,224 1,240 1,235 1,242 1,266 1,274 1,308 1,321 1,327 1,346 1,380 1,385 1,397 1,402 1,539 1,557 1,678 1,176 1,277 1,330 1,372 1,378 1,546 1,418 998 1,016 1,068 1,118 1,124
Goodwill 17,439 17,437 17,436 17,435 17,434 17,512 17,517 17,516 17,515 17,517 17,514 17,517 17,516 17,516 17,516 17,518 17,523 17,515 17,516 17,518 17,518 17,518 18,711 18,707 18,698 18,708 18,707 18,708 18,698 18,672 18,642 18,747 12,455 12,455 12,456 12,453 12,454 12,450 12,464 12,463 12,462 13,517 13,517 13,517 14,536 14,524 17,658 0 0 0 0 0 0 0 6,920 6,586 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 208 220 231 242 254 268 282 290 305 324 344 364 384 433 483 533 578 629 680 732 783 844 909 974 1,040 1,123 1,206 1,289 1,372 1,460 1,329 0 52 0 0 0 61 0 0 0 823 846 873 925 921 1,109 18,806 18,985 19,043 22,682 19,186 18,210 9,617 1,036 1,536 4,380 4,432 4,134 4,000 4,181 3,469 4,312 4,204 4,128 4,176 4,227 4,225 4,271 4,317 4,363 4,376 4,421 4,424 3,409 4,423 3,454 1,759 2,009 1,422 1,802 1,735 1,236 1,627 298 278 252 231 206
Long-Term Investments 492 483 400 413 349 347 361 339 343 339 318 334 334 332 320 328 382 418 390 404 415 396 363 348 308 382 367 353 363 335 0 0 0 353 0 0 0 0 0 0 0 308 304 300 292 0 (691) (534) (520) 0 0 0 0 (786) (35) (137) (691) 0 0 0 0 0 0 0 0 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 Assets 4,395 4,269 3,559 3,489 3,364 3,253 2,547 2,634 2,506 2,186 2,373 2,354 2,369 2,262 1,928 1,915 1,970 1,893 1,636 1,827 1,767 1,513 1,448 1,395 1,315 1,343 1,315 1,273 1,171 1,128 1,615 1,537 1,424 1,060 1,333 1,309 1,319 1,258 1,292 1,163 1,152 1,055 1,046 1,049 947 1,213 2,463 4,112 4,111 4,185 1,220 4,735 4,442 3,678 3,168 3,200 1,825 1,649 1,548 1,249 1,181 1,783 1,207 1,172 1,137 1,053 1,213 1,215 1,138 1,078 942 940 966 999 1,883 884 1,739 448 145 881 522 503 1,011 563 90 85 85 86 91
Total Non-Current Assets 35,237 36,279 35,195 35,601 35,201 35,271 33,957 33,615 33,230 32,838 31,746 31,740 31,434 31,267 30,435 30,277 30,347 30,153 29,418 29,601 29,388 29,125 30,220 30,296 30,075 30,404 29,717 29,425 29,308 27,973 27,811 27,656 18,638 18,568 18,914 18,949 18,845 18,758 18,329 18,300 18,227 21,310 21,393 21,617 22,892 22,890 25,769 26,951 27,115 27,264 28,261 28,421 26,431 16,119 13,210 13,511 7,219 7,096 6,645 6,202 6,586 6,492 6,754 6,618 6,531 6,503 6,748 6,761 6,736 6,741 6,685 6,701 6,784 6,825 6,831 6,864 6,871 3,383 3,431 3,633 3,696 3,616 3,793 3,608 1,386 1,379 1,405 1,435 1,421
Total Assets 50,007 51,377 49,300 49,451 48,468 49,359 48,289 47,670 47,818 46,544 44,896 45,609 44,244 43,755 42,733 41,914 41,903 42,579 42,346 42,142 41,423 44,469 44,772 43,475 43,203 41,089 40,553 39,584 39,751 37,653 37,943 37,378 34,795 34,917 26,513 25,813 25,413 25,614 24,100 24,081 23,933 29,694 29,762 30,252 30,148 30,142 32,223 33,327 33,344 33,009 33,988 34,357 42,266 20,806 17,214 17,331 11,185 9,622 9,354 9,064 9,389 9,285 9,630 9,657 9,561 9,536 9,972 9,977 9,742 9,677 9,778 9,700 9,578 9,422 9,513 9,431 9,495 5,455 5,802 6,045 6,090 6,047 6,189 5,893 3,035 2,939 3,257 3,228 3,142
Current Liabilities
Account Payables 2,681 3,240 2,797 2,592 2,501 2,599 2,518 2,352 2,580 2,110 2,260 2,056 2,136 2,587 2,335 2,098 2,050 2,197 2,184 2,001 1,895 1,806 2,197 2,006 2,071 2,226 2,021 1,962 1,932 2,182 1,939 1,824 1,395 1,661 1,507 1,385 1,374 1,554 1,325 1,272 1,204 1,643 1,642 1,921 1,774 1,924 1,540 1,544 1,370 1,514 1,300 1,282 1,427 804 757 794 491 564 364 449 436 490 427 357 422 416 400 465 457 463 440 490 437 477 463 457 449 360 339 395 451 396 442 459 294 324 332 372 382
Short-Term Debt 758 865 533 551 605 1,906 1,589 1,590 1,582 370 64 1,097 1,082 1,371 1,069 14 7 290 6 6 42 1,005 1,806 1,803 1,790 1,448 704 1,089 752 517 517 744 868 867 863 862 0 12 0 3 0 773 775 103 520 589 151 398 590 471 170 276 225 146 134 107 0 10 215 212 295 225 299 640 353 269 226 186 206 291 368 224 471 428 433 250 250 209 313 338 221 301 225 433 0 0 210 265 210
Deferred Revenue 0 4,086 3,562 3,997 3,710 4,070 3,157 3,292 3,530 4,193 3,458 3,397 3,211 3,609 3,107 2,734 2,876 3,026 2,594 2,526 2,393 2,517 2,235 2,179 2,027 2,237 2,127 1,942 1,969 1,917 1,686 1,711 1,479 1,617 1,290 1,340 1,286 1,471 1,306 1,383 1,409 1,229 1,134 1,281 1,325 1,280 1,273 991 983 509 1,040 907 1,018 741 974 788 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 9,382 3,382 3,880 4,463 5,555 3,282 3,913 3,771 3,739 3,018 2,596 3,129 2,408 1,963 2,470 2,389 2,385 2,024 2,224 2,312 2,495 2,255 2,024 2,125 2,817 1,658 1,820 1,634 2,764 1,982 2,252 2,103 1,469 4,437 1,331 1,386 1,367 1,251 (39) 2,611 2,570 4,021 3,937 3,680 3,624 3,716 3,236 3,483 3,653 3,375 3,298 3,411 8,703 2,992 2,433 2,202 2,093 2,114 1,859 1,743 1,803 1,749 1,717 1,364 1,730 1,682 1,949 1,976 1,880 1,961 1,862 1,801 1,735 1,695 1,642 1,563 1,586 1,146 1,216 1,162 1,253 1,267 1,169 1,115 833 755 818 728 745
Total Current Liabilities 12,821 13,882 12,718 13,459 13,969 14,128 13,101 12,908 13,132 11,942 10,305 11,557 10,483 11,587 10,812 8,976 8,850 9,530 8,819 8,591 8,367 9,580 10,109 9,727 10,177 9,434 8,416 8,155 8,821 8,274 8,039 7,833 6,415 6,965 6,300 6,186 5,168 5,630 5,106 5,099 4,955 7,666 7,488 6,985 7,243 7,509 6,200 6,416 6,596 6,361 5,808 5,876 11,373 4,683 3,953 3,754 2,584 2,688 2,438 2,404 2,534 2,464 2,443 2,361 2,505 2,367 2,575 2,627 2,543 2,715 2,670 2,515 2,643 2,600 2,538 2,270 2,285 1,715 1,868 1,895 1,925 1,964 1,836 2,007 1,127 1,079 1,360 1,365 1,337
Non-Current Liabilities
Long-Term Debt 14,411 17,019 16,958 16,965 16,021 16,490 16,510 16,576 16,572 15,678 15,529 15,568 15,559 13,629 13,499 14,488 14,486 14,367 14,141 14,153 14,118 15,604 15,552 15,592 15,579 14,078 15,130 14,919 14,961 13,883 13,889 14,387 14,392 14,399 6,227 6,219 7,060 7,058 6,387 6,387 6,387 3,438 3,440 4,191 3,348 3,352 3,886 5,366 5,372 5,410 6,412 6,808 9,398 4,885 5,185 5,367 3,105 1,605 1,605 1,750 1,800 2,000 2,300 2,500 2,375 2,562 2,710 2,706 2,630 2,500 2,820 3,085 2,907 2,950 3,101 3,338 3,951 1,163 1,433 1,496 1,566 1,633 1,721 1,587 160 160 160 160 160
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 132 86 131 310 490 0 0 0 0 39 0 0 0 111 140 133 108 0 0 0 1,708 0 0 0 2,396 0 0 0 844 883 1,010 1,414 1,455 0 534 520 509 0 0 101 757 837 1,114 319 276 367 219 137 64 0 0 0 0 88 88 82 75 60 61 64 61 21 17 43 31 17 2 19 16 72 48 48 47 50 59 55
Other Non-Current Liabilities 3,755 1,945 1,840 1,751 1,640 1,653 2,109 2,015 2,061 2,237 1,398 1,226 1,277 1,271 2,697 3,014 3,309 3,676 6,602 6,837 7,059 7,363 7,313 7,111 7,105 7,450 5,861 6,075 5,999 7,201 6,912 6,931 6,308 4,797 7,493 7,489 7,627 7,667 6,840 6,914 6,970 1,200 1,471 1,515 1,552 1,503 5,372 4,637 4,630 4,581 7,073 7,017 6,684 2,612 1,614 1,535 1,170 1,134 1,139 1,128 1,509 1,500 1,752 1,765 1,770 1,757 1,713 1,785 1,798 1,764 1,725 1,777 1,780 1,683 1,742 1,741 1,711 1,087 1,055 1,266 1,254 1,144 1,135 845 340 331 317 309 301
Total Non-Current Liabilities 20,071 20,821 20,594 20,521 19,515 19,941 20,440 20,461 20,463 19,807 18,663 18,566 18,625 16,856 17,978 19,287 19,766 20,123 22,110 22,379 22,531 24,310 24,196 24,036 23,964 22,836 22,406 22,215 22,191 21,192 20,801 21,318 20,700 20,904 13,720 13,708 14,687 14,725 13,227 13,301 13,357 9,125 9,634 10,580 10,716 10,576 9,258 10,887 10,872 10,850 13,485 13,825 16,432 8,604 7,986 8,366 4,594 3,015 3,111 3,097 3,446 3,564 4,052 4,265 4,145 4,319 4,511 4,579 4,510 4,339 4,605 4,923 4,751 4,694 4,864 5,096 5,705 2,281 2,505 2,764 2,839 2,793 2,928 2,480 548 538 527 528 516
Total Liabilities 32,892 34,703 33,312 33,980 33,484 34,069 33,541 33,369 33,595 31,749 28,968 30,123 29,108 28,443 28,790 28,263 28,616 29,653 30,929 30,970 30,898 33,890 34,305 33,763 34,141 32,270 30,822 30,370 31,012 29,466 28,840 29,151 27,115 27,869 20,020 19,894 19,855 20,355 18,333 18,400 18,312 16,791 17,122 17,565 17,959 18,085 15,458 17,303 17,468 17,211 19,293 19,701 27,805 13,287 11,939 12,120 7,178 5,703 5,549 5,501 5,980 6,028 6,495 6,626 6,650 6,686 7,086 7,206 7,053 7,054 7,275 7,438 7,394 7,294 7,402 7,366 7,990 3,996 4,373 4,659 4,764 4,757 4,764 4,487 1,675 1,617 1,887 1,893 1,853
Stockholders' Equity
Common Stock 142 142 143 143 144 145 146 146 148 150 151 151 152 153 154 155 156 156 159 160 161 167 167 167 167 168 169 169 170 171 174 174 174 174 174 174 175 175 177 179 181 295 301 307 319 325 338 12,439 12,322 12,433 12,545 12,522 12,511 4,870 2,386 2,376 1,214 1,200 1,177 1,039 1,035 1,028 1,028 0 0 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 17,096 16,658 15,968 15,452 14,982 15,297 14,738 14,301 14,218 14,773 15,924 15,485 15,135 15,312 13,955 13,655 13,277 12,913 11,398 11,144 10,487 10,482 10,394 9,652 9,011 8,748 9,649 9,120 8,628 8,068 14,464 13,669 13,205 11,548 11,546 11,087 10,824 10,630 10,628 10,634 10,664 7,646 7,077 6,737 6,104 5,846 7,063 3,624 3,591 3,431 3,169 3,044 2,870 2,697 2,928 2,890 2,817 2,742 2,647 2,543 2,393 2,248 2,138 2,038 1,952 1,892 1,922 1,834 1,768 1,807 1,718 1,477 1,400 1,348 1,353 1,307 1,241 1,199 1,161 1,120 1,061 1,026 1,167 1,148 1,102 1,070 1,125 1,118 1,084
Accumulated Other Comprehensive Income (131) (126) (123) (124) (142) (152) (136) (146) (143) (128) (147) (150) (151) (153) (166) (159) (146) (143) (140) (132) (131) (128) (121) (117) (116) (97) (87) (75) (59) (52) (5,535) (5,616) (5,699) (4,718) (5,243) (5,342) (5,441) (5,546) (5,038) (5,132) (5,224) (2,987) (3,002) (3,014) (3,477) (3,596) (1,279) (51) (50) (79) (1,044) (1,049) (1,059) (67) (39) (55) (24) (23) (19) (19) (19) (19) (31) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 17,115 16,674 15,988 15,471 14,984 15,290 14,748 14,301 14,223 14,795 15,928 15,486 15,136 15,312 13,943 13,651 13,287 12,926 11,417 11,172 10,525 10,579 10,467 9,712 9,062 8,819 9,731 9,214 8,739 8,187 9,103 8,227 7,680 7,048 6,493 5,919 5,558 5,259 5,767 5,681 5,621 12,903 12,640 12,687 12,189 12,057 16,765 16,012 15,863 15,785 14,670 14,517 14,322 7,500 5,275 5,211 4,007 3,919 3,805 3,563 3,409 3,257 3,135 3,031 2,911 2,850 2,886 2,771 2,689 2,623 2,503 2,262 2,184 2,128 2,111 2,065 1,505 1,459 1,429 1,386 1,326 1,290 1,425 1,406 1,360 1,322 1,370 1,335 1,289
Total Liabilities & Equity 50,007 51,377 49,300 49,451 48,468 49,359 48,289 47,670 47,818 46,544 44,896 45,609 44,244 43,755 42,733 41,914 41,903 42,579 42,346 42,142 41,423 44,469 44,772 43,475 43,203 41,089 40,553 39,584 39,751 37,653 37,943 37,378 34,795 34,917 26,513 25,813 25,413 25,614 24,100 24,081 23,933 29,694 29,762 30,252 30,148 30,142 32,223 33,327 33,344 33,009 33,988 34,357 42,266 20,806 17,214 17,331 11,185 9,622 9,354 9,064 9,389 9,285 9,630 9,657 9,561 9,536 9,972 9,977 9,742 9,677 9,778 9,700 9,578 9,422 9,513 9,431 9,495 5,455 5,802 6,045 6,090 6,047 6,189 5,893 3,035 2,939 3,257 3,228 3,142
Debt Metrics
Total Debt 17,074 19,741 19,287 19,321 18,480 20,194 19,920 20,036 19,984 17,940 17,329 18,437 18,430 16,824 16,264 16,156 16,154 16,247 15,514 15,548 15,514 17,952 18,650 18,728 18,649 16,834 17,138 17,089 16,811 14,400 14,406 15,131 15,260 15,266 7,090 7,081 7,060 7,070 6,387 6,387 6,387 4,211 4,215 4,294 3,868 3,941 4,037 5,764 5,962 5,881 6,582 7,084 9,623 5,031 5,319 5,474 3,105 1,615 1,820 1,962 2,095 2,225 2,599 3,140 2,728 2,831 2,936 2,892 2,836 2,791 3,188 3,309 3,378 3,378 3,534 3,588 4,201 1,372 1,746 1,834 1,787 1,934 1,946 2,020 160 160 370 425 370
Net Debt 14,984 15,338 17,330 17,422 16,795 15,841 16,594 16,764 16,923 14,831 15,247 15,053 15,935 14,247 14,598 14,987 13,980 12,717 11,459 11,607 11,997 13,045 13,655 14,550 15,371 14,589 16,011 16,001 15,963 12,821 13,178 13,592 4,891 4,041 5,212 5,698 5,657 4,529 5,284 5,248 5,110 2,167 2,254 1,019 2,812 3,059 3,324 5,205 5,505 5,539 6,314 6,676 8,211 4,569 5,009 5,249 1,469 1,296 1,067 1,865 2,054 2,083 2,562 3,053 2,699 2,787 2,856 2,852 2,812 2,728 3,140 3,262 3,335 3,334 3,441 3,469 4,122 1,354 1,714 1,831 1,777 1,917 1,932 1,919 (46) 60 358 421 274
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Operating Activities
Net Income 875 1,427 1,100 1,174 481 1,264 1,026 940 944 (535) 937 812 842 2,080 915 946 955 2,710 1,063 1,037 2,195 330 986 1,005 868 (409) 933 861 863 657 1,144 689 739 178 645 552 640 525 602 517 556 288 366 398 289 228 203 224 128 253 224 (491) 182 149 131 79 114 125 132 178 173 138 128 113 104 (3) 116 93 (12) 117 115 100 75 17 70 86 61 58 61 79 54 (121) 39 65 52 (35) 26 53 52
Depreciation & Amortization 372 406 379 350 337 414 331 326 299 400 317 323 298 382 327 330 303 331 314 300 294 345 317 308 297 281 258 245 234 266 253 159 122 153 111 107 104 134 113 106 103 188 182 173 172 169 168 163 131 173 127 105 153 140 176 203 167 100 87 99 95 101 95 103 90 104 102 95 92 115 100 110 93 94 103 100 70 75 64 75 66 68 82 76 41 64 78 38 31
Stock-Based Compensation 20 54 25 20 20 29 26 26 20 23 17 28 19 27 30 24 18 23 31 22 18 29 25 18 18 34 38 29 26 4 29 34 19 28 24 25 17 32 24 23 14 0 0 0 0 0 (151) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (3,077) 674 1,453 (256) (2,734) 1,620 2 406 (1,717) 1,325 35 21 (1,525) 1,255 406 (1,007) (1,254) 305 40 460 (624) 69 (149) 1,029 (2,400) 1,239 (110) 369 (2,073) 757 (560) 8 (1,119) 1,249 154 (151) (1,180) 918 23 (25) (727) 97 261 (274) 52 (162) (379) (179) 300 (1,594) 1,231 381 338 (236) 458 (120) (333) 231 (67) 50 (135) 335 (105) 118 (21) (58) (83) (150) (161) 20 (68) (100) (124) (271) (45) 76 114 193 6 (151) 102 (250) (100) 78 64 280 (12) (192) (14)
Other Non-Cash Items (154) 1,132 (1,858) (340) 365 (554) (137) (146) (149) 1,907 (203) (47) (131) (1,610) (304) (292) (309) (2,635) (301) (669) (1,950) 988 (20) (36) 68 1,852 44 55 4 459 (54) (15) 57 (37) 4 (26) (4) (114) (24) (17) 29 318 4 (34) 97 23 249 78 178 56 124 4 41 23 1 17 (68) 7 (3) (109) (126) 24 137 (99) (16) 129 (35) (44) 43 208 (10) (10) (11) 314 (42) (31) (15) 111 3 (21) (31) 351 18 (15) (7) 31 (4) (4) (12)
Operating Cash Flow (1,656) 3,897 1,557 868 (1,565) 2,578 1,091 1,425 (706) 2,430 1,228 919 (702) 2,251 1,335 (197) (488) 1,442 1,163 1,028 (66) 1,602 1,359 2,337 (993) 2,464 1,139 1,607 (913) 2,377 812 875 (237) 1,607 938 507 (439) 1,531 738 604 (60) 891 813 263 610 263 773 400 737 (1,112) 757 459 572 (99) 625 206 19 414 195 310 91 574 255 235 143 172 100 9 (37) 460 137 100 33 154 86 231 230 437 134 (18) 191 48 39 204 150 340 88 (105) 57
Investing Activities
Capital Expenditure (167) (662) (301) (231) (256) (816) (361) (320) (270) (803) (359) (304) (309) (632) (296) (263) (244) (733) (247) (230) (205) (592) (287) (269) (272) (471) (257) (252) (284) (463) (282) (199) (305) (278) (217) (217) (216) (312) (137) (173) (298) (173) (149) (197) (136) (131) (301) (171) (140) (89) (249) 91 (308) (72) (169) (92) (89) (122) (25) (91) (36) (73) (191) (127) (42) (65) (110) (46) (40) (97) (55) (51) (35) 2,814 (2,923) (44) (41) (36) (26) (26) (45) (35) (39) (35) (25) (30) (35) (35) (34)
Acquisitions 0 0 (333) 333 0 0 0 0 0 0 0 0 0 55 100 0 0 (3,400) 28 56 3,400 0 0 0 0 0 0 0 0 (7,657) 0 (7,657) 0 0 0 0 0 0 0 0 0 (40) 0 (313) 0 0 66 (23) (20) (23) 0 0 0 (161) (745) (13) 0 (468) 0 0 (3) 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 0 60 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 40 157 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 81 0 143 0 23 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (1) (2) 334 (41) 4 18 0 (1) 1 (7) 2 1 0 (1) 1 44 (5) 3,392 (4) 0 1 209 (2) 0 2 49 7 (3) 4 7,662 21 (7,653) (2) 18 14 5 2 112 1 2 0 (9) (13) (3) 6 75 220 115 4 3,243 529 (117) 170 (1) 17 165 (2,235) 21 648 (6) 4 13 12 3 13 (17) 31 8 4 66 (8) 46 21 (2,840) 2,889 32 (2,885) (23) 27 1 12 26 1 (1,852) (4) 7 2 (1) 2
Investing Cash Flow (168) (664) (300) 61 (252) (798) (361) (321) (269) (770) (200) (303) (309) (578) (195) (219) (249) (741) (223) (174) 3,196 (383) (289) (269) (270) (422) (250) (255) (280) (458) (261) (7,852) (307) (260) (203) (212) (214) (200) (136) (171) (298) (137) (162) (310) (130) (33) (15) (79) (156) 3,131 280 (26) (138) (234) (897) 60 (2,324) (569) 623 (97) (35) (60) (179) (124) (29) (82) (79) (38) (36) (31) (63) (5) (14) (26) (34) (12) (2,926) (59) 1 (25) (33) (9) (38) (1,887) (29) (23) (33) (35) (32)
Financing Activities
Net Debt Issuance (29) 0 (566) 90 (26) 0 0 0 2,495 0 (1,818) 768 1,995 0 0 0 0 0 0 (36) (2,200) (1,065) (27) (777) 2,976 (399) (511) (713) 794 (307) (476) (1,601) (14) 8,232 0 0 0 670 0 0 (107) 4 (10) 22 (193) 86 (526) (168) (524) (2,608) (38) (124) (316) (16) (317) (154) 919 (255) (142) (133) (130) (380) (102) (27) (103) (105) 44 56 45 (395) (122) 0 0 (156) (55) (613) 2,833 (373) (87) 55 (147) (8) (69) 0 0 (210) (56) 55 (140)
Stock Repurchased (68) (456) (277) (411) (480) (441) (321) (562) (1,190) (346) (223) (208) (723) (493) (371) (322) (318) (981) (581) (143) (2,000) 0 (2) (146) (344) (300) (213) (171) (60) (1,054) (168) (41) (79) (1,154) (26) (138) (229) (398) (467) (400) (282) (203) (147) (360) (131) (164) (193) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (333) (329) (330) (332) (302) (299) (301) (303) (283) (282) (280) (284) (270) (266) (267) (268) (251) (246) (251) (248) (238) (242) (242) (242) (227) (222) (223) (224) (211) (205) (209) (209) (198) (174) (174) (175) (166) (158) (160) (163) (159) (92) (94) (82) (83) (72) (73) (73) (80) (79) (51) (52) (51) (51) (48) (41) (41) (30) (28) (28) (28) (28) (28) (27) (28) (27) (28) (27) (27) (28) (28) (23) (23) (22) (24) (20) (19) 0 (20) (20) (19) (20) (20) (19) (20) (20) (19) (19) (19)
Other Financing Activities (59) (2) (26) (62) (43) (13) (54) (28) (95) (5) (8) (3) (73) (3) (5) 1 (50) 1 6 (3) (82) 0 18 (3) (46) (3) 97 (4) 0 (1) (9) (2) (100) (58) (40) (2) (90) (7) (11) (8) (136) 0 0 0 2 (3) 0 9 (199) (341) 0 0 0 0 0 (1) 1 0 0 0 0 0 0 0 0 5 0 0 0 0 (7) (70) 0 0 (7) (40) (61) 59 0 0 0 (9) 0 1,597 0 0 0 12 0
Financing Cash Flow (489) (787) (1,199) (715) (851) (753) (676) (893) 927 (633) (2,330) 273 929 (762) (643) (589) (619) (1,226) (826) (430) (4,520) (1,307) (253) (1,168) 2,296 (924) (850) (1,112) 462 (1,568) (862) (1,853) (312) 8,000 (240) (315) (485) 107 (638) (571) (684) (257) (220) (399) (378) (115) (775) (230) (721) (3,023) (87) (167) (353) (16) 426 (181) 894 (279) (162) (157) (157) (409) (126) (53) (129) (126) 19 45 34 (414) (152) (91) (20) (177) (78) (179) 2,757 (392) (106) 36 (165) (36) (88) 1,578 (15) (229) (47) 48 (159)
Cash Position
Net Change in Cash (2,313) 2,446 58 214 (2,668) 1,027 54 211 (48) 1,027 (1,302) 889 (82) 911 497 (1,005) (1,356) (525) 114 424 (1,390) (88) 817 900 1,033 1,118 39 240 (731) 351 (311) (8,830) (856) 9,347 495 (20) (1,138) 1,438 (36) (138) (1,042) 497 431 (446) 102 115 (17) 91 (140) (1,004) 950 266 81 (349) 154 85 (1,411) (434) 656 56 (101) 105 (126) (53) (129) (126) 19 45 34 (414) (152) (91) (20) (177) (78) (179) 2,757 (392) (106) 36 (165) (36) (88) (105) 106 (229) (47) 48 (159)
Cash at Beginning 4,403 1,957 1,899 1,685 4,353 3,326 3,272 3,061 3,109 2,082 3,384 2,495 2,577 1,666 1,169 2,174 3,530 4,055 3,941 3,517 4,907 4,995 4,178 3,278 2,245 1,127 1,088 848 1,579 1,228 1,539 10,369 11,225 1,878 1,383 1,403 2,541 1,103 1,139 1,277 2,319 1,215 784 1,230 457 342 359 268 408 1,412 462 196 115 464 310 225 1,636 753 97 41 142 37 163 0 44 0 0 0 63 0 0 0 44 0 0 0 18 0 0 0 17 0 101 206 100 0 0 0 230
Cash at End 2,090 4,403 1,957 1,899 1,685 4,353 3,326 3,272 3,061 3,109 2,082 3,384 2,495 2,577 1,666 1,169 2,174 3,530 4,055 3,941 3,517 4,907 4,995 4,178 3,278 2,245 1,127 1,088 848 1,579 1,228 1,539 10,369 11,225 1,878 1,383 1,403 2,541 1,103 1,139 1,277 1,712 1,215 784 559 457 342 359 268 408 1,412 462 196 115 464 310 225 319 753 97 41 142 37 (53) (85) (126) 19 45 97 (414) (152) (91) 24 (177) (78) (179) 2,775 (392) (106) 36 (148) (36) 13 101 206 (229) (47) 48 71
Free Cash Flow (1,823) 3,235 1,256 637 (1,821) 1,762 730 1,105 (976) 1,627 869 615 (1,011) 1,619 1,039 (460) (732) 709 916 798 (271) 1,010 1,072 2,068 (1,265) 1,993 882 1,355 (1,197) 1,914 530 676 (542) 1,329 721 290 (655) 1,219 601 431 (358) 718 664 66 474 132 472 229 597 (1,201) 508 550 264 (171) 456 114 (70) 292 170 219 55 501 64 108 101 107 (10) (37) (77) 363 82 49 (2) 2,968 (2,837) 187 189 401 108 (44) 146 13 0 169 125 310 53 (140) 23
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 9,881 11,712 10,423 10,351 9,468 10,686 9,996 10,218 10,133 10,638 9,775 9,576 9,301 10,033 8,971 8,801 8,797 8,639 8,720 9,151 9,157 10,212 9,083 8,884 8,620 8,721 8,475 8,456 8,189 8,156 8,085 7,119 6,735 6,634 6,527 6,375 6,267 6,397 6,155 6,000 5,956 5,694 5,979 5,896 5,957 6,108 5,984 6,039 5,848 6,157 6,106 6,294 6,104 6,476 6,270 6,274 6,198 6,506 6,612 6,560 6,734 8,607 8,714 8,826 8,610 7,752 8,726 8,957 8,320 9,154 8,381 8,628 7,724 8,824 7,928 7,929 7,344 8,021 7,433 7,601 7,184 7,860 7,446 7,962 7,453 7,846 7,408 7,374 7,105 7,094 6,627 4,830 4,396 4,304 3,663 1,986 2,229 1,731 1,856 2,080
Gross Profit 1,960 2,296 2,227 2,210 1,580 1,932 2,106 2,191 2,133 485 2,041 2,040 1,985 1,824 1,818 1,959 1,873 1,551 1,934 2,043 1,740 2,090 1,840 1,826 1,722 2,106 1,727 1,730 1,696 1,669 1,995 1,562 1,565 1,413 1,511 1,521 1,509 1,477 1,488 1,417 1,395 1,316 1,457 1,454 1,415 1,455 1,349 1,410 1,387 1,329 1,345 1,388 1,317 1,561 1,308 1,354 1,357 1,436 1,414 1,397 1,379 1,603 1,526 1,486 1,533 1,371 1,423 1,427 1,404 1,828 1,556 1,603 1,202 1,642 1,598 1,568 1,396 1,428 1,333 1,446 1,290 1,439 1,114 1,321 1,257 1,288 1,181 1,092 1,063 1,000 942 883 809 741 644 438 782 540 636 654
Operating Income 989 1,040 1,242 1,425 573 1,089 1,120 1,090 1,071 (393) 1,016 967 947 906 844 954 897 742 1,043 1,044 2,822 1,152 985 994 934 1,136 951 946 936 925 1,178 823 854 767 845 855 832 831 826 797 739 689 794 813 780 762 769 820 845 768 790 806 759 824 736 774 796 799 825 841 811 788 801 716 765 520 655 653 655 (2,152) 771 806 464 760 807 744 681 622 546 682 595 534 433 616 595 572 538 483 434 388 391 411 356 314 275 (58) 252 242 317 314
Net Income 875 1,427 1,100 1,174 481 1,264 1,026 940 944 (535) 937 812 842 2,080 915 946 955 2,710 1,063 1,037 2,195 330 986 1,005 868 (409) 933 861 863 657 1,144 689 739 178 645 552 640 525 602 517 556 459 516 531 484 506 473 511 579 478 497 488 489 533 459 480 506 548 520 520 530 376 497 711 469 413 490 394 389 (2,533) 512 495 264 454 489 460 387 453 302 430 358 331 293 367 409 272 278 295 232 224 205 224 182 131 114 103 125 132 178 173
EPS (Diluted) 6.14 9.99 7.67 8.15 3.32 8.66 7.00 6.36 6.32 -3.54 6.18 5.34 5.50 13.46 5.89 6.06 6.10 16.90 6.63 6.42 13.43 1.98 5.89 6.01 5.15 -2.44 5.49 5.06 5.06 3.86 7.11 4.50 4.21 1.02 3.67 3.15 3.69 3.00 3.35 2.85 3.03 2.53 2.75 2.74 2.41 2.56 2.26 2.37 2.63 2.21 2.14 2.05 2.03 2.25 1.82 1.88 1.96 2.17 1.86 1.81 1.79 1.29 1.67 2.34 1.53 1.37 1.53 1.21 1.17 -7.75 1.51 1.44 0.76 1.34 1.41 1.31 1.10 1.31 0.86 1.23 1.02 0.96 0.81 1.00 1.11 0.75 0.76 0.82 0.65 0.62 0.54 0.61 0.77 0.59 0.64 0.71 0.88 0.93 1.27 1.24
Balance Sheet
Cash & Equivalents 2,090 4,403 1,957 1,899 1,685 4,353 3,326 3,272 3,061 3,109 2,082 3,384 2,495 2,577 1,666 1,169 2,174 3,530 4,055 3,941 3,517 4,907 4,995 4,178 3,278 2,245 1,127 1,088 755 1,579 1,228 1,539 10,369 11,225 1,878 1,383 1,403 2,541 1,103 1,139 1,277 2,044 1,961 3,275 1,056 882 713 559 457 342 268 408 1,412 462 310 225 1,636 319 753 97 41 142 37 87 29 44 80 40 24 63 48 47 43 44 93 119 79 18 32 3 10 17 14 101 206 100 12 4 96
Total Assets 50,007 51,377 49,300 49,451 48,468 49,359 48,289 47,670 47,818 46,544 44,896 45,609 44,244 43,755 42,733 41,914 41,903 42,579 42,346 42,142 41,423 44,469 44,772 43,475 43,203 41,089 40,553 39,584 39,751 37,653 37,943 37,378 34,795 34,917 26,513 25,813 25,413 25,614 24,100 24,081 23,933 29,694 29,762 30,252 30,148 30,142 32,223 33,327 33,344 33,009 33,988 34,357 42,266 20,806 17,214 17,331 11,185 9,622 9,354 9,064 9,389 9,285 9,630 9,657 9,561 9,536 9,972 9,977 9,742 9,677 9,778 9,700 9,578 9,422 9,513 9,431 9,495 5,455 5,802 6,045 6,090 6,047 6,189 5,893 3,035 2,939 3,257 3,228 3,142
Total Debt 17,074 19,741 19,287 19,321 18,480 20,194 19,920 20,036 19,984 17,940 17,329 18,437 18,430 16,824 16,264 16,156 16,154 16,247 15,514 15,548 15,514 17,952 18,650 18,728 18,649 16,834 17,138 17,089 16,811 14,400 14,406 15,131 15,260 15,266 7,090 7,081 7,060 7,070 6,387 6,387 6,387 4,211 4,215 4,294 3,868 3,941 4,037 5,764 5,962 5,881 6,582 7,084 9,623 5,031 5,319 5,474 3,105 1,615 1,820 1,962 2,095 2,225 2,599 3,140 2,728 2,831 2,936 2,892 2,836 2,791 3,188 3,309 3,378 3,378 3,534 3,588 4,201 1,372 1,746 1,834 1,787 1,934 1,946 2,020 160 160 370 425 370
Stockholders' Equity 17,115 16,674 15,988 15,471 14,984 15,290 14,748 14,301 14,223 14,795 15,928 15,486 15,136 15,312 13,943 13,651 13,287 12,926 11,417 11,172 10,525 10,579 10,467 9,712 9,062 8,819 9,731 9,214 8,739 8,187 9,103 8,227 7,680 7,048 6,493 5,919 5,558 5,259 5,767 5,681 5,621 12,903 12,640 12,687 12,189 12,057 16,765 16,012 15,863 15,785 14,670 14,517 14,322 7,500 5,275 5,211 4,007 3,919 3,805 3,563 3,409 3,257 3,135 3,031 2,911 2,850 2,886 2,771 2,689 2,623 2,503 2,262 2,184 2,128 2,111 2,065 1,505 1,459 1,429 1,386 1,326 1,290 1,425 1,406 1,360 1,322 1,370 1,335 1,289
Cash Flow
Operating Cash Flow (1,656) 3,897 1,557 868 (1,565) 2,578 1,091 1,425 (706) 2,430 1,228 919 (702) 2,251 1,335 (197) (488) 1,442 1,163 1,028 (66) 1,602 1,359 2,337 (993) 2,464 1,139 1,607 (913) 2,377 812 875 (237) 1,607 938 507 (439) 1,531 738 604 (60) 891 813 263 610 263 773 400 737 (1,112) 757 459 572 (99) 625 206 19 414 195 310 91 574 255 235 143 172 100 9 (37) 460 137 100 33 154 86 231 230 437 134 (18) 191 48 39 204 150 340 88 (105) 57
Capital Expenditure (167) (662) (301) (231) (256) (816) (361) (320) (270) (803) (359) (304) (309) (632) (296) (263) (244) (733) (247) (230) (205) (592) (287) (269) (272) (471) (257) (252) (284) (463) (282) (199) (305) (278) (217) (217) (216) (312) (137) (173) (298) (173) (149) (197) (136) (131) (301) (171) (140) (89) (249) 91 (308) (72) (169) (92) (89) (122) (25) (91) (36) (73) (191) (127) (42) (65) (110) (46) (40) (97) (55) (51) (35) 2,814 (2,923) (44) (41) (36) (26) (26) (45) (35) (39) (35) (25) (30) (35) (35) (34)
Free Cash Flow (1,823) 3,235 1,256 637 (1,821) 1,762 730 1,105 (976) 1,627 869 615 (1,011) 1,619 1,039 (460) (732) 709 916 798 (271) 1,010 1,072 2,068 (1,265) 1,993 882 1,355 (1,197) 1,914 530 676 (542) 1,329 721 290 (655) 1,219 601 431 (358) 718 664 66 474 132 472 229 597 (1,201) 508 550 264 (171) 456 114 (70) 292 170 219 55 501 64 108 101 107 (10) (37) (77) 363 82 49 (2) 2,968 (2,837) 187 189 401 108 (44) 146 13 0 169 125 310 53 (140) 23