Seadrill Limited logo SDRL - Seadrill Limited

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 8
HOLD 17
SELL 12
STRONG
SELL 0
| PRICE TARGET: $49.67 DETAILS
HIGH: $55.00
LOW: $39.00
MEDIAN: $55.00
CONSENSUS: $49.67
UPSIDE: 13.01%
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
Revenue
Revenue 358 362 352 377 335 289 354 360 367 389 414 414 266 238 269 253 248 376 222 219 219 113.5 210.5 261 309 487 295 311 293 269 238 330 340 410 474 559 556 516 728 852 873 806 957 1,124 1,219 1,114 1,229 1,149 1,185 1,355 1,225 1,158 1,201 1,141 1,059
Cost of Revenue 308 316 240 345 294 275 278 206 276 265 282 278 202 172 232 212 176 362 221 285 195 177 242 256 256 459 188 222 224 147 162 224 183 156.1 199.5 226.4 210 232 243 248 290 368 374 422 446 488 521 437 492 565 491 439 482 449 423
Gross Profit 50 46 112 32 41 14 76 154 91 124 132 136 64 66 37 41 72 14 1 (66) 24 (63.5) (31.5) 5 53 28 107 89 69 122 76 106 157 253.9 274.5 332.6 346 284 485 604 583 438 583 702 773 626 708 712 693 790 734 719 719 692 636
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 25 27 0 26 23 31 27 24 25 0 20 14 14 0 18 16 14 29 16 21 0 0 0 0 0 0 33 24 23 31 31 49 51 57.9 69.5 87.6 62 71 51 54 60 68 55 61 65 83 84 75 73 86 78 64 72 84 65
Other Expenses 0 0 86 0 0 (14) 2 (158) (14) 72 (5) 13 (1) 76 (1) 0 21 (232) (11) 141 48 1,490.5 1,523.5 93 1,337 121 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 25 27 86 26 23 17 29 (134) 11 72 15 27 13 76 17 16 35 (203) 5 162 48 1,490.5 1,523.5 93 1,337 121 23 397 5 10 31 46 319 2,875.9 513.5 421.6 222 62 1,068 121 227 10 2,221 206 8 104 373 73 2,544 382 258 1,170 131 506 284
Operating Income
Operating Income 25 19 26 6 18 (3) 47 288 80 52 117 109 51 (10) 20 25 37 217 (4) (228) (24) (1,554) (1,555) (88) (1,284) (93) (58) (73) (71) (29) (106) (137) (90) 0 (3) 60 78 (9) 242 359 323 181 335 453 513 362 461 476 450 503 471 507 491 452 413
Interest Expense 15 16 15 15 15 15 15 16 15 15 15 13 16 18 33 30 17 12 18 22 57 82.5 127.5 84 96 102 101 103 112 112 109 10 9 10 52 76 72 75 25 160 123 0 228 28 259 321 106 92 107 126 101 90 104 80 97
Interest Income 2 3 4 3 4 5 6 7 7 13 10 5 7 0 4 2 1 – 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 37 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 102 46 85 58 71 28 96 131 123 98 166 157 96 38 57 41 65 3,895 (22) (198) 18 (74) (47) (6) 38 18 85 69 72 113 46 47 96 187 182 246 275 201 426 540 493 357 506 611 671 501 598 614 598 676 637 658 647 618 577
EBIT 31 (23) 27 2 16 (17) 54 88 85 55 127 120 60 (7) 19 2 35 3,835 (34) (239) (24) (128.5) (129.5) (88) (62) (114) (58) (73) (71) (29) (106) (137) (90) (3,303) (3) 60 78 (9) 242 359 323 181 335 453 513 362 461 476 450 503 471 1,889 588 186 352
Income Before Tax 16 (39) 0 (13) 1 (32) 39 256 70 54 112 107 44 (23) (16) (28) 3,745 3,829 (52) (261) (302) (1,453.5) (1,455.5) (178) (1,562) (169) (518) (236) (278) (354) (241) (3,686) (171) (2,632) (291) (165) 52 147 (608) 323 233 465 (1,866) 468 506 201 229 547 3,130 282 375 1,799 484 106 255
Income Tax Expense 23 (29) 11 29 15 (133) 7 3 10 (19) 22 13 1 0 2 8 2 (6) 3 9 2 4.5 1.5 5 3 30 3 (30) 18 6 2 (2) 32 57 21 (7) (5) 10 49 56 84 71 34 45 58 51 39 (106) 35 1 60 49 44 108 39
Net Income (7) (10) (11) (42) (14) 101 32 253 60 73 90 94 43 249 (16) (36) 3,710 3,911 (86) (294) (311) (1,457) (1,457) (181) (1,564) (199) (522) (203) (295) (362) (240) (3,700) (181) (2,666) (229) (142) 64 140 (652) 250 133 387 (1,825) 378 426 156 149 604 3,065 231 286 1,727 409 (21) 189
Per Share Data
EPS (Basic) -0.11 -0.16 -0.18 -0.68 -0.23 1.58 0.49 3.64 0.83 1.02 1.13 1.18 0.86 -0.46 -0.32 -0.72 74.52 1.04 -0.86 -2.93 -3.04 -12.24 -14.57 -1.81 -15.64 -2.00 -5.22 -2.03 -2.95 -3.62 -2.40 -7.34 -0.36 -5.27 -0.45 -0.29 0.13 0.28 -1.29 0.50 0.27 0.78 -3.70 0.77 0.86 0.32 0.31 1.24 6.24 0.49 0.60 3.53 0.85 -0.04 0.40
EPS (Diluted) -0.11 -0.16 -0.17 -0.65 -0.23 1.60 0.49 3.49 0.81 0.98 1.10 1.16 0.83 -0.46 -0.32 -0.72 74.52 1.04 -0.86 -2.93 -3.04 -12.16 -14.47 -1.81 -15.64 -1.99 -5.22 -2.03 -2.95 -3.62 -2.40 -7.34 -0.36 -5.27 -0.45 -0.28 0.13 0.28 -1.29 0.50 0.27 0.78 -3.70 0.77 0.86 0.32 0.31 1.23 6.22 0.47 0.58 3.51 0.84 -0.04 0.39
Shares Outstanding 62.1 62.5 62 62 62 63.9 65.3 70 72 71.5 79.6 80 50 50.0 50.0 50.0 50.0 100.4 100 100 100 100.0 100.0 100 100 99.5 100 100 100 100 100 504 502.8 506.0 504.0 489.7 504.0 505.3 505.4 500 493.0 496.2 493.0 493.0 495.3 493.0 480.6 485.8 491.4 471.6 477.0 489.4 478.5 469.0 469.0
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 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
Current Assets
Cash & Cash Equivalents 304 339 402 393 404 478 566 835 584 697 837 412 376 480 224 336 393 293 0 428 0 491 491 849 456,213 1,115 1,216 1,251 1,474 1,542 1,576 809 (1,379) 1,255 1,345 1,462 1,368 1,250 1,287 1,092 1,044 1,181 918 903 831 638 543 912 744 551 437 328 318 518
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 5 0 11 12 22 36 57 118 121 2,758 124 116 94 110 93 141 286 96 247 324 309 426 878 933 1,072 416 316 936 314 333 246
Net Receivables 214 162 232 234 196 248 190 216 211 231 250 224 138 164 205 205 179 186 0.0 172 0 210 210 341 0 354 363 369 378 386 204 281 0 519 380 377 483 630 727 710 766 729 837 956 1,096 797 824 780 1,144 1,043 1,015 884 981 835
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.2) (0.4) 0 0 (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 293 257 132 138 137 145 281 237 241 230 248 465 205 176 714 304 316 1,502 0 347 0 361 361 219 0 293 360 385 728 782 1,137.8 827.6 0 354 649 707 904 934 901 1,053 994 951 1,109 854 917 1,109 885 1,267 487 652 590 824 722 699
Total Current Assets 811 758 830 823 801 928 1,037 1,288 1,036 1,158 1,335 1,101 719 857 1,143 845 888 1,981 0.0 947 0 1,062 1,062 1,414 456,213 1,773 1,951 2,027 2,616 2,767 3,036 2,039 1,379 2,252 2,494 2,640 2,886 2,907 3,056 3,141 2,942 3,108 3,188 3,022 3,300 3,422 3,185 4,031 2,834 2,562 2,978 2,350 2,354 2,298
Non-Current Assets
Property, Plant & Equipment 2,965 2,995 2,996 2,975 2,974 2,962 2,883 2,800 2,872 2,868 2,831 2,687 1,667 1,678 1,657 1,909 1,893 1,442 0 1,943 0 2,139 2,139 5,110 0 6,424 6,480 6,540 6,603 6,688 6,746 12,815 0 13,493 15,118 15,672 15,848 16,049 16,188 16,307 16,455 16,737 17,050 17,599 17,221 17,770 16,648 17,128 20,661 19,718 16,455 15,441 14,816 14,623
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 563 604 604 886 886 927 1,200 1,200 1,200 1,200 1,320 1,320
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 62 58 71 82 76 68 64 66 94 90 80 67 56 84 79 58 141 27 0 248 0 24 24 258 0 392 375 724 753 800 901 1,615 0 1,473 2,259 2,230 2,168 2,014 2,656 2,583 2,592 2,488 3,058 3,002 2,898 2,711 3,294 3,286 140 325 399 420 509 658
Other Non-Current Assets 125 92 123 140 152 135 112 88 67 56 62 154 153 170 93 103 38 437 0 519 0 727 736 509 0 690 685 681 575 593 635 576 (1,379) 764 846 763 764 1,073 1,116 1,034 1,450 1,351 1,285 1,592 2,274 2,598 2,591 2,119 1,465 1,174 769 1,795 (16,645) (16,601)
Total Non-Current Assets 3,181 3,189 3,237 3,247 3,262 3,228 3,115 3,009 3,086 3,060 2,996 2,936 1,892 1,944 1,839 2,078 2,083 1,916 0 2,710 0 2,899 2,899 5,877 0 7,506 7,540 7,945 7,931 8,081 8,282 15,006 (1,379) 15,730 18,223 18,665 18,780 19,136 19,960 19,924 20,497 20,576 21,956 22,797 22,997 23,965 23,419 23,460 23,466 22,417 18,823 18,856 16,645 16,601
Total Assets 3,992 3,947 4,067 4,070 4,063 4,156 4,152 4,297 4,122 4,218 4,331 4,037 2,611 2,801 2,982 2,923 2,971 3,897 0.0 3,657 0 3,961 3,961 7,291 456,213 9,279 9,491 9,972 10,547 10,848 11,318 17,045 0 17,982 20,717 21,305 21,666 22,043 23,016 23,065 23,439 23,684 25,144 25,819 26,297 27,387 26,604 27,491 26,300 24,979 21,801 21,206 19,632 19,479
Current Liabilities
Account Payables 80 61 72 73 78 118 108 80 64 53 55 49 66 76 75 75 64 53 0 57 0 45 52 81 0 105 110 102 108 121 115 188 0 82 90 97 93 122 158 152 141 116 56 96 84 90 61 111 90 131 66 58 72 62
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 10 10 22 32 21 10 0 0 546 0 5,662 5,662 420 0 343 296 185 416 33 165 90 0 509 3,900 3,622 3,430 3,541 2,844 1,744 1,780 2,151 2,064 1,917 2,607 2,157 2,663.5 2,592 1,761 3,216 3,190.4 2,816 0 0
Deferred Revenue 0 0 67 68 58 63 0 47 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (275) 0 0 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 337 313 19 24 47 52 302 277 291 336 303 295 252 175 310 241 232 1,320 0 208 0 831 780 275 0 310 298 281 280 310 317 478 0 268 1,016 1,013 1,015 1,230 1,313 1,338 1,178 1,299 1,331 1,357 1,472 1,362 1,378.5 1,691 1,446 2,292 1,140.6 1,908 3,541 2,834
Total Current Liabilities 417 374 439 441 399 501 410 404 355 389 358 354 328 404 417 337 348 1,373 0 878 0 6,545 6,545 782 0 770 711 575 811 464 597 805 0 859 5,006 4,732 4,723 4,893 4,315 3,234 3,342 3,566 3,451 3,370 4,532 3,609 4,103 4,394 3,825 5,639 4,397 4,782 3,613 2,896
Non-Current Liabilities
Long-Term Debt 614 613 612 612 611 610 610 609 609 608 610 345 348 496 950 947 944 908 0 0 0 426 426 6,453 0 6,519 6,566 6,658 6,730 7,103 7,127 8,750 0 8,504 5,599 6,276 6,650 7,065 8,058 9,463 9,494 9,878 9,822 11,061 10,562 11,982 10,913 11,628 13,317 10,717 9,151 8,818 9,630 9,731
Deferred Tax Liabilities 16 14 14 12 11 11 10 9 9 9 8 8 8 0 9 8 0 9 0 0 0 10 0 0 0 0 0 0 0 87 93 105 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 94 88 76 72 58 60 209 216 222 229 240 251 182 193 152 161 172 5,323 0 6,515 0 120 113 119 0 116 156 154 211 208 155 1,226 0 1,660 166 197 230 316 322 332 535 413 712 678 813 852 841 796 956 857 413 1,076 (9,630) (9,731)
Total Non-Current Liabilities 724 715 763 758 756 737 829 834 840 846 858 604 538 695 1,111 1,116 1,120 6,240 0 6,519 0 556 556 6,581 0 6,659 6,735 6,827 6,957 7,311 7,282 9,976 0 10,164 5,765 6,473 6,880 7,381 8,380 9,795 10,029 10,291 10,534 11,739 11,375 12,834 11,754 12,424 14,273 11,574 9,564 9,894 9,630 9,731
Total Liabilities 1,141 1,089 1,202 1,199 1,155 1,238 1,239 1,238 1,195 1,235 1,216 958 866 1,099 1,528 1,453 1,468 7,613 0 7,397 0 7,101 7,101 7,363 456,213 7,429 7,446 7,402 7,768 7,775 7,879 10,781 0 11,023 10,771 11,205 11,603 12,274 12,695 13,029 13,371 13,857 13,985 15,109 15,907 16,443 15,857 16,818 18,098 17,213 13,961 14,676 13,608 12,912
Stockholders' Equity
Common Stock 1 1 1 1 1 1 1 1 1 1 1 1 0 0 0 0 0 10 0.0 10 0 10 10 10 0 10 10 10 10 10 10 1,017 0 1,017 1,017 1,017 1,017 1,017 1,017 986 986 986 986 986 986 986 939 939 939 939 939 939 938 938
Retained Earnings 863 870 880 891 933 947 846 814 561 501 428 338 244 201 (48) (32) 4 (7,215) 0 (7,233) 0 (6,628) (6,628) (3,709) 0 (1,851) (1,629) (1,110) (907) (611) (240) (146) 0 225 3,120 3,263 3,198 2,961 3,615 3,354 3,379 2,990 4,819 4,440 4,013 3,856 4,198 4,058 1,449 1,664 1,812 492 83 905
Accumulated Other Comprehensive Income 1 1 1 1 1 1 1 1 1 1 2 2 2 2 3 3 0 (15) 0 (21) 0 (26) (26) (35) 0 (13) (16) (10) (6) (7) (1) 41 6,560 58 47 38 53 13 (103) (150) (142) 9 (563) (581) (448) 255 350 429 528 262 384 175 0 0
Total Stockholders' Equity 2,851 2,858 2,865 2,871 2,908 2,918 2,913 3,059 2,927 2,983 3,115 3,079 1,745 1,702 1,454 1,470 1,503 (3,716) 0.0 (3,740) 0 (3,140) (3,140) (236) 0 1,642 1,860 2,383 2,589 2,883 3,260 6,175 6,959 6,560 9,441 9,573 9,521 9,236 9,784 9,418 9,453 9,213 10,469 10,068 9,764 10,314 10,132 10,086 7,512 7,138 7,415 5,891 5,503 6,117
Total Liabilities & Equity 3,992 3,947 4,067 4,070 4,063 4,156 4,152 4,297 4,122 4,218 4,331 4,037 2,611 2,801 2,982 2,923 2,971 3,897 0.0 3,657 0 3,961 3,961 7,291 456,213 9,279 9,491 9,972 10,547 10,848 11,318 17,045 6,959 17,982 20,717 21,305 21,666 22,043 23,016 23,065 23,439 23,684 25,144 25,819 26,297 27,387 26,604 27,491 26,300 24,979 21,801 21,206 0 0
Debt Metrics
Total Debt 614 613 629 619 618 618 610 609 609 608 610 355 358 527 982 968 1,000 908 0 617 0 6,088 6,156 6,888 0 6,886 6,875 6,858 7,162 7,136 7,292 8,840 0 9,013 9,499 9,898 10,080 10,606 10,902 11,207 11,274 12,029 11,886 12,978 13,169 14,139 13,576.5 14,220 15,078 13,933 12,341.4 11,634 0 0
Net Debt 310 274 227 226 214 140 44 (226) 25 (89) (227) (57) (18) 47 758 632 607 615 0 189 0 5,597 5,665 6,039 (456,213) 5,771 5,659 5,607 5,688 5,594 5,716 8,031 1,379 7,758 8,154 8,436 8,712 9,356 9,615 10,115 10,230 10,848 10,968 12,075 12,338 13,501 13,033.5 13,308 14,334 13,382 11,904.4 11,306 (318) (518)
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
Operating Activities
Net Income (7) (10) (11) (42) (14) 101 32 253 60 73 90 94 43 (23) (18) (36) 3,743 23 (33) (294) (304) (1,457) (1,457) (181) (1,564) (199) (522) (203) (295) (362) (240) (3,700) (181) (2,666) (229) (143) 65 142 (657) 252 133 389 (1,829) 379 427 157 149 605 3,069 231 286 1,727 409 (21) 189
Depreciation & Amortization 71 69 58 56 55 45 42 43 38 44 39 37 36 45 38 39 30 60 12 41 42 54.5 82.5 82 108 141 143 142 143 142 152 184 186 187 185 186 197 210 184 181 170 176 171 158 158 139 137 138 148 173 166 151 156 166 164
Stock-Based Compensation 0 6 5 5 4 5 5 0 3 0 0 0 0 0 0 0 0 0 0 0 0 4 0 0 0 1 2 1 1 6 0 1 2 2 1 2 2 2 0 0 3 3 1 3 1 2 3 0 5 4 2 1 2 4 2
Change in Working Capital (101) (141) (40) (28) (25) (10) (31) (6) (38) 54 18 (75) (45) 56 (31) (93) (1) (78) (19) 28 25 42 38 (45) (67) 68 2 (57) (1) 111 29 (64) 19 218 (215) 1 29 250 (2) (51) 20 (37) 191 (70) 35 (246) (72) (345) 13 (31) 105 (199) (61) (83) 31
Other Non-Cash Items (2) 33 11 9 (50) (128) (75) (209) (29) (9) (40) (42) (17) 4 (16) 55 (3,773) (40) (13) 200 198 1,285.5 1,265.5 (18) 1,407 (67) 361 33 54 142 (81) 3,443 (22) 2,523 174 18 (138) (259) 717 (79) (32) (233) 2,057 (70) (122) 227 197 (173) (2,579) 114 (26) (1,432) (83) 174 18
Operating Cash Flow (22) (40) 28 11 (27) 7 (27) 79 29 140 112 20 15 77 (30) (31) (5) (39) (51) (25) (39) (71) (71) (162) (116) (56) (16) (85) (99) 33 (140) (136) 4 264 (84) 64 155 345 242 303 294 298 591 400 499 279 414 225 656 491 533 248 423 319 371
Investing Activities
Capital Expenditure (13) (45) (19) 45 (45) (38) (53) (43) (23) (48) (28) (14) (11) (23) (50) (37) (31) (5) (11) (9) (4) (6.5) (6.5) (12) (2) (11) (10) (21) (6) (17) (10) (17) (32) (20) (34) (13) (25) (31) (29) (39) (37) (93) (114) (161) (567) (348) (1,215) (568) (742) (1,575) (984) (1,332) (382) (301) (294)
Acquisitions 0 1 0 0 0 0 0 0 0 (31) 14 (2) 43 0 1 2 0 25 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (23) 0 0 (531) 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 (42.1) 0 0 (94) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 42.1 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
Other Investing Activities 0 22 0 (68) (4) 45 0 338 0 21 48 46 4 649 (66) 82 (112) 61 (14) 2 (8) (3) (3) 4 (3) (12) 18 8 8 30 58 168 30 30 95 119 206 106 25 298 35 (50) (33) 215 613 185 344 700 1,710 131 (69) 1,962 (161) (148) 34
Investing Cash Flow (13) (22) (19) (23) (49) 7 (53) 295 (23) (58) 34 30 36 626 (115) (47) (143) 81 (25) (7) (12) (9.5) (9.5) (8) (5) (23) 8 (13) 2 13 48 151 (2) 10 61 106 181 75 (4) 259 (2) (143) (147) 54 46 (163) (871) 132 968 (1,467) (1,053) 630 (1,074) (449) (260)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 (31) 261 (3) (160) (464) 0 0 65 0 0 0 0 0 0 (4) (20) 0 0 (339) (4) (179) (25) (80) (73) (70) (213) (266) (244) 0 0 (345) (246) (269) (176) (440) (455) 68 1,131 (213) (1,078) 1,328 782 0 0 0 0
Stock Repurchased 0 0 0 0 0 (101) (190) (122) (119) (217) (46) 0 0 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) (10) 0 0 0 0 0 0 0 0 (18) 0 (14) (14) (11) 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 (490) (466) (459) (446) (434) (407) 0 (328.4) (397)
Other Financing Activities (1) (3) 0 0 0 0 0 0 0 0 (28) (4) 0 0 36 0 20 0 0 0 723 (69.5) (69.5) 0 0 (12) (12) 0 0 0 1,036 0 0 0 (53) 0 0 (312) (264) (21) (7) (7) (5) 0 (18) 7 (72) (12) 81 301 300 (395) 694 258.4 528
Financing Cash Flow (1) (3) 0 0 0 (101) (190) (122) (119) (220) 187 (7) (160) (464) 36 0 85 0 0 0 723 (69.5) (69.5) (4) (20) (12) (12) (339) (4) (179) 1,011 (80) (73) (70) (266) (266) (244) (313) (274) (366) (253) (276) (181) (440) (473) 75 569 (709) (1,456) 1,169 634 (802) 694 (70) 131
Cash Position
Net Change in Cash (36) (63) 9 (11) (75) (87) (270) 250 (116) (141) 330 48 (107) 245 (119) (80) 25 453 (82) (22) 666 (148.5) (148.5) (178) (159) (88) (24) (433) (2,278) (133) 3,095 (70) (71) 203 (285) (21) 94 118 (37) 195 48 (137) 263 15 72 193 95 (369) 168 193 114 76 43 (200) 518
Cash at Beginning 365 428 419 430 505 592 862 612 728 869 539 491 598 279 398 478 453 0 644 666 0 0 1,020 1,198 1,357 1,445 1,469 1,902 4,180 4,313 1,218 1,288 1,359 1,156 1,441 1,462 1,368 1,250 1,287 1,092 1,044 1,181 918 903 831 638 543 912 744 551 437 361 318 518 0
Cash at End 329 365 428 419 430 505 592 862 612 728 869 539 491 524 279 398 478 453 562 644 666 (148.5) 871.5 1,020 1,198 1,357 1,445 1,469 1,902 4,180 4,313 1,218 1,288 1,359 1,156 1,441 1,462 1,368 1,250 1,287 1,092 1,044 1,181 918 903 831 638 543 912 744 551 437 361 318 518
Free Cash Flow (35) (85) 9 56 (72) (31) (80) 36 6 92 84 6 4 54 (80) (68) (36) (44) (62) (34) (43) (77.5) (77.5) (174) (118) (67) (26) (106) (105) 16 (150) (153) (28) 244 (118) 51 130 314 213 264 257 205 477 239 (68) (69) (801) (343) (86) (1,084) (451) (1,084) 41 18 77
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
Income Statement
Revenue 358 362 352 377 335 289 354 360 367 389 414 414 266 238 269 253 248 376 222 219 219 113.5 210.5 261 309 487 295 311 293 269 238 330 340 410 474 559 556 516 728 852 873 806 957 1,124 1,219 1,114 1,229 1,149 1,185 1,355 1,225 1,158 1,201 1,141 1,059
Gross Profit 50 46 112 32 41 14 76 154 91 124 132 136 64 66 37 41 72 14 1 (66) 24 (63.5) (31.5) 5 53 28 107 89 69 122 76 106 157 253.9 274.5 332.6 346 284 485 604 583 438 583 702 773 626 708 712 693 790 734 719 719 692 636
Operating Income 25 19 26 6 18 (3) 47 288 80 52 117 109 51 (10) 20 25 37 217 (4) (228) (24) (1,554) (1,555) (88) (1,284) (93) (58) (73) (71) (29) (106) (137) (90) 0 (3) 60 78 (9) 242 359 323 181 335 453 513 362 461 476 450 503 471 507 491 452 413
Net Income (7) (10) (11) (42) (14) 101 32 253 60 73 90 94 43 249 (16) (36) 3,710 3,911 (86) (294) (311) (1,457) (1,457) (181) (1,564) (199) (522) (203) (295) (362) (240) (3,700) (181) (2,666) (229) (142) 64 140 (652) 250 133 387 (1,825) 378 426 156 149 604 3,065 231 286 1,727 409 (21) 189
EPS (Diluted) -0.11 -0.16 -0.17 -0.65 -0.23 1.60 0.49 3.49 0.81 0.98 1.10 1.16 0.83 -0.46 -0.32 -0.72 74.52 1.04 -0.86 -2.93 -3.04 -12.16 -14.47 -1.81 -15.64 -1.99 -5.22 -2.03 -2.95 -3.62 -2.40 -7.34 -0.36 -5.27 -0.45 -0.28 0.13 0.28 -1.29 0.50 0.27 0.78 -3.70 0.77 0.86 0.32 0.31 1.23 6.22 0.47 0.58 3.51 0.84 -0.04 0.39
Balance Sheet
Cash & Equivalents 304 339 402 393 404 478 566 835 584 697 837 412 376 480 224 336 393 293 0 428 0 491 491 849 456,213 1,115 1,216 1,251 1,474 1,542 1,576 809 (1,379) 1,255 1,345 1,462 1,368 1,250 1,287 1,092 1,044 1,181 918 903 831 638 543 912 744 551 437 328 318 518
Total Assets 3,992 3,947 4,067 4,070 4,063 4,156 4,152 4,297 4,122 4,218 4,331 4,037 2,611 2,801 2,982 2,923 2,971 3,897 0.0 3,657 0 3,961 3,961 7,291 456,213 9,279 9,491 9,972 10,547 10,848 11,318 17,045 0 17,982 20,717 21,305 21,666 22,043 23,016 23,065 23,439 23,684 25,144 25,819 26,297 27,387 26,604 27,491 26,300 24,979 21,801 21,206 19,632 19,479
Total Debt 614 613 629 619 618 618 610 609 609 608 610 355 358 527 982 968 1,000 908 0 617 0 6,088 6,156 6,888 0 6,886 6,875 6,858 7,162 7,136 7,292 8,840 0 9,013 9,499 9,898 10,080 10,606 10,902 11,207 11,274 12,029 11,886 12,978 13,169 14,139 13,576.5 14,220 15,078 13,933 12,341.4 11,634 0 0
Stockholders' Equity 2,851 2,858 2,865 2,871 2,908 2,918 2,913 3,059 2,927 2,983 3,115 3,079 1,745 1,702 1,454 1,470 1,503 (3,716) 0.0 (3,740) 0 (3,140) (3,140) (236) 0 1,642 1,860 2,383 2,589 2,883 3,260 6,175 6,959 6,560 9,441 9,573 9,521 9,236 9,784 9,418 9,453 9,213 10,469 10,068 9,764 10,314 10,132 10,086 7,512 7,138 7,415 5,891 5,503 6,117
Cash Flow
Operating Cash Flow (22) (40) 28 11 (27) 7 (27) 79 29 140 112 20 15 77 (30) (31) (5) (39) (51) (25) (39) (71) (71) (162) (116) (56) (16) (85) (99) 33 (140) (136) 4 264 (84) 64 155 345 242 303 294 298 591 400 499 279 414 225 656 491 533 248 423 319 371
Capital Expenditure (13) (45) (19) 45 (45) (38) (53) (43) (23) (48) (28) (14) (11) (23) (50) (37) (31) (5) (11) (9) (4) (6.5) (6.5) (12) (2) (11) (10) (21) (6) (17) (10) (17) (32) (20) (34) (13) (25) (31) (29) (39) (37) (93) (114) (161) (567) (348) (1,215) (568) (742) (1,575) (984) (1,332) (382) (301) (294)
Free Cash Flow (35) (85) 9 56 (72) (31) (80) 36 6 92 84 6 4 54 (80) (68) (36) (44) (62) (34) (43) (77.5) (77.5) (174) (118) (67) (26) (106) (105) 16 (150) (153) (28) 244 (118) 51 130 314 213 264 257 205 477 239 (68) (69) (801) (343) (86) (1,084) (451) (1,084) 41 18 77