Trip.com Group Limited logo TCOM - Trip.com Group Limited

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 31
HOLD 10
SELL 2
STRONG
SELL
0
| PRICE TARGET: $75.00 DETAILS
HIGH: $75.00
LOW: $75.00
MEDIAN: $75.00
CONSENSUS: $75.00
UPSIDE: 61.39%
Metric 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 Q3 2003 Q2 2003 Q1
Revenue
Revenue 15,185.5 18,338 14,843 13,830 12,744 15,873 12,772 11,905 10,325 13,740 11,247 9,198 5,027 6,892 4,011 4,109 4,681 5,344 5,890 4,108 4,964 5,462 3,159 4,731 8,335 10,476 8,691 8,164 7,560 9,355 7,319 6,731 6,176.2 8,119 6,415.8 6,045 5,067.3 5,571.9 4,411.3 4,178.0 2,874.1 3,181.6 2,527.1 2,314.8 1,913.3 2,129.6 1,722.3 1,581.8 1,440.4 1,541.0 1,244.9 1,160.5 1,101.4 1,173.0 62.8 910.8 1,690.4 974.7 833.0 764.5 787.1 812.2 695.2 586.7 1,100.8 545.4 476.3 400.6 786.9 400.3 401.7 366.7 396.8 346.0 308.8 249.1 246.1 222.4 34.0 167.3 135.8 150.3 137.5 103.3 84.4 96.2 85.2 68.0 43.3 43.3 43.3 43.3
Cost of Revenue 3,195.3 3,359 2,818 2,705 2,640 2,800 2,312 2,238 2,010 2,467 2,007 1,637 1,199 1,271 976 1,067 1,118 1,223 1,223 1,034 910 1,029 872 1,220 1,728 2,157 1,798 1,689 1,620 1,991 1,469 1,244 1,061.6 1,303 1,124.1 1,189 1,126.4 1,234.3 1,233.1 1,135.9 763.2 845.6 730.0 704.6 583.6 589.0 478.6 449.4 394.4 379.1 309.1 304.2 284.7 286.0 15.2 226.0 389.2 226.1 189.8 164.7 169.5 176.2 151.2 128.4 218.2 124.4 108.1 90.0 160.0 87.1 79.6 68.0 69.0 64.0 57.2 48.5 46.5 43.6 7.4 28.2 30.7 24.0 19.7 15.0 15.5 12.3 11.0 9.7 0 0 0 0
Gross Profit 11,990.2 14,979 12,025 11,125 10,104 13,073 10,460 9,667 8,315 11,273 9,240 7,561 3,828 5,621 3,035 3,042 3,563 4,121 4,667 3,074 4,054 4,433 2,287 3,511 6,607 8,319 6,893 6,475 5,940 7,364 5,850 5,487 5,114.6 6,816 5,291.7 4,856 3,940.9 4,337.6 3,178.1 3,042.1 2,110.8 2,336.0 1,797.1 1,610.2 1,329.7 1,540.6 1,243.7 1,132.4 1,046.0 1,161.9 935.7 856.3 816.7 887.0 47.6 684.9 1,301.1 748.6 643.3 599.8 617.6 636.0 544.0 458.3 882.7 421.1 368.2 310.6 626.9 313.2 322.0 298.7 327.8 281.9 251.7 200.6 199.6 178.8 26.6 139.2 105.1 126.3 117.7 88.3 69.0 83.9 74.2 58.3 43.3 43.3 43.3 43.3
Operating Expenses
R&D Expenses 3,972.4 4,083 3,500 3,525 3,397 3,640 2,993 3,109 2,916 3,577 2,953 2,674 2,104 2,491 1,772 1,974 2,236 2,305 2,226 2,225 2,162 2,008 1,801 1,696 2,694 2,790 2,642 2,544 2,718 2,491 2,251 2,160 2,074.6 2,185 2,036.7 1,963 1,722.3 1,844.4 1,723.8 2,396.9 860.4 831.3 796.5 808.4 789.2 612.2 479.3 440.7 332.9 335.5 309.9 267.5 264.1 243.2 12.1 196.2 303.1 161.6 136.8 130.3 120.6 123.2 109.3 100.7 151.4 80.8 76.3 63.3 117.3 61.8 56.9 53.5 55.7 48.0 41.5 34.0 31.6 27.3 1.6 23.0 18.4 13.9 14.1 11.7 13.0 9.6 8.3 7.1 0 0 0 0
SG&A Expenses 5,518.8 5,322 4,423 4,037 4,406 4,427 3,912 3,243 3,202 3,787 3,310 2,646 1,964 2,276 1,430 1,427 2,031 2,062 2,115 1,636 1,908 1,635 1,174 3,324 3,333 3,287 2,918 3,046 3,411 3,393 2,875 2,737 2,735.4 3,052 2,609.7 2,519 2,011.2 2,045.7 1,850.3 2,472.5 1,155.2 1,099.5 939.7 982.0 941.4 840.1 673.5 620.8 530.2 526.9 430.0 428.8 432.6 453.7 44.0 312.1 504.7 282.7 238.1 206.8 204.7 204.8 177.4 161.2 272.2 141.1 128.3 112.0 230.6 116.8 111.1 108.7 113.2 99.8 93.9 78.5 75.4 72.9 8.7 55.1 48.5 40.1 37.7 30.9 36.5 27.9 24.9 21.9 0 0 0 0
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 0 364.4 0 0 0 0 0 0 0 (0.4) 0.1 0.1 0.1 0.5 (0.2) 0.1 0.1 (115.1) 0 0 0
Operating Expenses 9,491.2 9,405 7,923 7,562 7,803 8,067 6,905 6,352 6,118 7,364 6,263 5,320 4,068 4,767 3,202 3,401 4,267 4,367 4,341 3,861 4,070 3,643 2,975 5,020 6,027 6,077 5,560 5,590 6,129 5,884 5,126 4,897 4,810.0 5,237 4,646.4 4,482 3,733.5 3,890.1 3,574.0 4,869.4 2,015.6 1,930.8 1,736.2 1,790.4 1,730.6 1,452.3 1,152.7 1,061.4 863.1 862.3 739.8 696.3 696.7 696.9 56.1 508.3 807.8 444.3 374.9 337.1 325.3 328.0 286.6 261.9 423.6 221.9 204.5 175.4 347.9 178.6 168.0 162.2 533.2 147.7 135.4 112.5 107.0 100.2 10.3 78.1 66.5 54.1 52.0 42.7 50.0 37.3 33.3 29.1 (115.1) 0 0 0
Operating Income
Operating Income 2,499.0 5,574 4,102 3,563 2,301 5,006 3,555 3,315 2,197 3,909 2,977 2,241 (240) 854 (167) (359) (704) (246) 326 (787) (16) 790 (688) (1,509) 580 2,242 1,333 885 (189) 1,480 724 590 304.6 1,579 645.3 374 207.4 447.4 (395.9) (1,827.4) 95.2 405.2 60.9 (180.3) (400.9) 88.2 90.9 70.9 182.9 299.5 195.9 160.0 119.9 190.1 (8.5) 176.6 493.3 304.3 268.4 262.7 292.3 308.0 257.4 196.4 324.5 199.2 163.7 135.2 226.6 107.5 127.2 110.3 (233.3) 111.0 95.1 71.1 76.4 64.1 16.3 49.9 62.8 62.4 57.3 39.2 33.0 41.0 36.2 25.6 (71.8) 43.3 43.3 43.3
Interest Expense 113.4 183 265 286 323 399 514 499 497 529 555 486 427 395 351 341 358 382 418 407 377 430 461 448 387 423 426 441 422 393 371 322 322.7 318.8 379.2 260.3 219.7 191.2 163.0 158.1 95.2 95.3 58.8 53.1 50.5 45.2 33.7 33.0 45.8 3.6 3.9 3.8 0 0 13.9 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 37.7 0 0 0 0 0
Interest Income 669.6 675 609 640 517 598 634 592 593 543 513 441 458 453 544 591 757 485 472 418 429 642 603 513 536 509 562 487 574 521 324 480 334.7 271.6 247.5 130.3 126.4 99.2 150.9 190.7 124.9 121.8 136.4 62.6 57.2 72.0 83.3 92.2 70.6 56.2 47.0 26.3 34.1 54.1 0 45.8 51.7 31.2 23.0 19.0 13.5 9.8 9.0 5.3 8.1 4.3 5.0 3.4 0 8.1 9.3 7.5 0 0 3.1 0 3.2 0 0 0 4.0 0 3.1 0 0 0 0 0.7 0 0 0 0
Profitability
EBITDA 5,364.9 23,370.2 6,355 5,450 2,513 5,209.5 3,764 3,524 2,400.5 4,127 3,195 2,442 (22) 1,108.5 87.5 (104.5) (449.5) 57.5 629.5 (483.5) 287.5 1,063.2 (414.8) (1,235.8) 853.2 2,486.8 1,598.5 1,129.8 55.8 1,700 958 810 524.6 1,758.0 824.2 553.0 386.3 526.0 (222.4) (1,748.8) 161.1 487.9 131.4 (135.5) (333.5) 125.5 120.4 100.4 212.4 323.6 267.0 194.0 119.9 190.1 (8.5) 167.1 447.6 249.9 250.9 249.8 292.3 263.7 241.4 195.9 459.0 196.6 145.4 125.7 279.0 123.1 129.5 117.7 (205.5) 120.6 116.2 88.0 92.6 78.5 18.4 61.1 32.4 72.9 29.0 42.5 20.1 43.6 36.2 29.3 (71.8) 43.3 43.3 43.3
EBIT 5,150.9 23,159.3 6,143 5,238 2,301 5,006 3,555 3,315 2,197 3,909 2,977 2,241 (240) 854 (167) (359) (704) (246) 326 (787) (16) 790 (688) (1,509) 580 2,242 1,333 885 (189) 1,480 724 590 304.6 1,579 645.3 374 207.4 447.4 (395.9) (1,827.4) 95.2 405.2 60.9 (180.3) (400.9) 88.2 90.9 70.9 182.9 299.5 267.0 194.0 119.9 190.1 (8.5) 176.6 493.3 304.3 268.4 262.7 292.3 308.0 257.4 196.4 459.0 199.2 163.7 135.2 279.0 106.6 127.3 110.3 (205.5) 134.2 116.2 88.0 92.6 78.5 16.3 61.1 38.6 72.9 29.0 46.5 18.9 46.7 40.9 29.2 (71.8) 43.3 43.3 43.3
Income Before Tax 5,037.5 23,263 5,878 4,952 2,717 7,544 4,581 4,989 1,741 5,086 1,210 3,715 2,326 522 216 (1,015) (846) (773) (562) 1,806 1,123 1,826 (271) (5,592) 2,357 1,185 (66) 5,264 (1,206) (848) 2,720 1,223 557.3 1,797 881.6 183 700.7 263.7 (538.1) (1,584.5) 121.2 2,795.3 129.9 (176.8) (310.5) 238.9 159.0 135.0 306.6 444.7 263.1 190.3 212.3 250.3 24.5 231.8 590.8 389.9 308.9 294.7 344.0 362.1 282.3 202.4 372.4 206.2 187.0 148.2 259.3 127.1 161.1 136.7 150.4 129.3 103.8 77.2 79.4 75.9 14.4 56.9 73.0 75.7 63.8 45.1 36.3 45.6 37.7 26.1 0 0 0 0
Income Tax Expense 823.5 3,344 998 638 526 721 693 664 399 448 562 341 246 277 173 (14) 37 95 97 41 163 245 201 (254) 364 365 336 677 35 257 322 179 239.4 368 529.2 139 110.2 221.2 53.0 93.5 71.5 361.1 31.3 6.3 13.4 50.4 47.1 46.7 69.8 92.2 70.4 61.4 53.8 59.4 51.8 64.8 132.2 82.1 48.0 62.8 66.1 62.2 52.4 24.3 71.5 26.8 33.4 26.8 39.6 21.8 41.6 37.8 11.2 19.5 15.7 12.2 11.1 11.3 2.1 8.5 8.2 10.1 7.2 5.4 (5.3) 7.2 6.2 4.3 (13.5) (13.5) (13.5) (13.5)
Net Income 4,221.9 19,890 4,846 4,277 2,157 6,765 3,833 4,312 1,297 4,615 631 3,375 2,057 266 69 (989) (834) (849) (647) 1,780 1,004 1,578 (476) (5,353) 2,008 793 (403) 4,613 (1,190) (1,139) 2,381 1,060 351.7 1,394 326.9 52 645.3 23.9 (521.3) (1,578.7) 75.7 2,415.1 142.8 (126.0) (224.4) 216.9 134.9 115.4 261.5 373.0 210.4 153.5 192.6 193.8 (49.4) 208.4 487.4 325.3 263.7 234.9 302.3 320.1 235.2 190.4 311.6 188.5 158.9 121.4 219.7 104.5 119.3 98.8 139.3 109.7 88.1 64.9 68.2 64.6 12.1 48.4 64.8 65.5 56.6 39.6 41.6 38.4 31.4 21.7 13.5 13.5 13.5 13.5
Per Share Data
EPS (Basic) 6.43 30.36 7.34 6.48 3.28 10.37 5.84 6.62 1.99 7.05 0.97 5.18 3.17 0.22 0.50 -1.24 -1.30 -1.32 -1.02 2.95 1.67 2.63 -0.80 -8.98 3.38 1.40 -0.72 8.32 -2.16 -2.08 4.36 1.93 0.93 2.60 0.68 0.16 1.28 0.05 -1.13 -3.49 0.21 8.52 0.50 -0.45 -0.83 0.79 0.50 0.42 0.97 1.42 0.22 0.59 0.75 0.12 -0.19 0.73 1.70 1.13 0.92 0.82 1.05 1.12 0.82 0.69 1.13 0.70 0.59 0.45 0.82 0.39 0.45 0.37 0.52 0.41 0.34 0.25 0.26 0.25 0.04 0.19 0.25 0.26 0.22 0.16 0.16 0.16 0.13 0.09 0.16 0.01 0.01 0.01
EPS (Diluted) 6.01 28.61 6.97 6.09 3.09 9.93 5.57 6.38 1.94 6.84 0.94 5.02 3.12 0.22 0.49 -1.24 -1.29 -1.32 -1.02 2.88 1.65 2.61 -0.79 -8.98 3.23 1.35 -0.72 7.45 -2.16 -2.08 3.89 1.81 0.85 2.36 0.65 0.15 1.18 0.05 -1.13 -3.49 0.19 6.63 0.45 -0.45 -0.80 0.69 0.44 0.38 0.84 1.22 0.19 0.55 0.69 0.11 -0.18 0.69 1.60 1.07 0.86 0.77 0.99 1.05 0.78 0.65 1.07 0.66 0.57 0.45 0.81 0.38 0.43 0.36 0.50 0.39 0.32 0.24 0.25 0.25 0.04 0.18 0.25 0.25 0.22 0.15 0.16 0.16 0.12 0.08 0.05 0.01 0.01 0.01
Shares Outstanding 655.9 655.0 659.9 660.2 698.1 688.2 655.9 651.3 668.6 654.1 653.4 651.8 649.9 647.9 647.9 647.8 643.5 643.2 634.3 604.6 603.0 600.7 598.7 596.0 594.1 567.8 555.9 554.8 550.1 548.1 546.8 548.0 540.0 535.9 525.9 519.5 505.6 473.0 461.7 452.7 357.9 283.4 285.2 281.4 269.1 273.3 271.6 272.0 268.8 263.1 261.4 259.5 258.3 266.3 266.3 287.3 287.3 288.4 287.7 287.1 287.1 286.5 286.1 275.7 275.7 269.6 268.6 267.9 267.9 267.2 266.7 265.8 265.8 264.6 262.4 261.4 261.4 259.8 258.3 256.5 256.5 254.5 253.9 252.6 252.6 244.6 244.8 243.7 84.8 84.8 84.8 84.8
Metric 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
Current Assets
Cash & Cash Equivalents 46,480.6 59,221 58,313 56,360 48,439 41,982 51,553 42,187 41,592 37,761 36,843 30,576 17,000 18,916 22,959 20,861 19,818 20,528 27,696 23,060 18,096 25,205 18,896 24,093 19,923 18,330 23,002 22,708 21,530 21,490 22,041 17,253 18,243 18,323.5 16,196.3 18,920.1 18,434.7 30,772.3 10,116.9 12,405.7 19,215.7 8,946.0 12,923.7 4,311.4 5,300.9 6,970.0 6,548.6 6,930.7 7,138.3 3,074.3 2,750.5 3,939.8 3,421.5 2,850.0 2,850 2,964.9 3,503.4 2,900.1 3,332.2 2,049.8 2,153.9 1,648 1,539.5 3,093.6 1,434.6 1,192.0 1,075.4 1,264.5 1,069.8 1,116.1 1,117.6 995.8 1,064.4 1,189.4 969.9 858.7 843.7 758.8 801.6 787.8 735.3 665.2 643.0 617.2 615.9 558.3 500.9 472.6 472.1
Short-Term Investments 32,027.4 21,234 21,705 21,739 28,475 34,316 38,216 25,507 17,748 24,076 18,532 17,386 25,545 28,684 30,721 30,369 29,566 36,883 35,286 30,679 24,820 22,224 23,886 25,073 23,058 26,069 32,949 33,703 36,753 37,793 33,178 34,123 28,130 27,062.8 24,259.4 14,899.4 14,112.9 6,197.0 5,443.9 6,046.8 8,235.8 7,231.6 6,401.3 6,842.6 6,438.9 3,225.2 3,012.5 3,874.0 3,635.1 2,910.6 3,226.0 1,487.6 1,408.7 1,251.0 1,631 1,977.5 1,288.5 1,124.6 572.8 1,295.1 1,178.3 1,262 1,038.3 137.6 180.2 167.1 113.2 108 176.6 161.9 162.1 244.7 141.2 13.0 13.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 15,250.7 16,344 14,413 13,357 21,842 13,839 12,907 15,306 18,937.3 12,845 10,689 9,257 11,232.5 6,151 5,445 3,979 10,601.5 5,213 5,339 4,353 8,879.5 5,784 5,129 5,098 13,417 9,295 10,325 6,108 7,310 6,797 6,261 5,178 5,786.0 5,855.1 5,266.7 4,815.6 5,800.5 4,390.0 4,416.1 2,797.7 4,854.4 3,179.8 2,708.6 2,223.5 1,942.1 2,017.7 1,998.5 1,578.6 1,624.2 1,552.2 1,545.0 1,254.4 1,304.8 1,050.1 1,054 832.7 807.1 859.8 793.7 690.0 624.8 682 647.6 501.9 422.9 419.7 392.7 332.4 277.3 337.1 337.6 333.5 262.8 219.6 235.7 198.6 154.2 135.1 110.7 96.4 72.8 65.2 61.8 59.4 35.5 37.6 41.0 38.1 29.6
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 27,368.4 28,614 22,085 20,832 3,663 24,461 18,863 17,027 3,346 18,927 17,028 15,167 2,235 0 0 0 1,934 0 0 0 1,977 0 0 0 2,756 3,905 3,901 5,170 13,400 3,990 2,462 1,119 2,325 2,024.6 1,967.1 2,207.1 2,134.5 1,981.1 2,417.4 2,418.0 2,500.2 1,372.0 1,438.8 1,121.7 1,066.5 958.7 1,321.3 843.5 869.3 837.4 839.0 810.1 852.3 1,353.3 1,510 252.9 258.3 249.2 264.2 263.8 261.3 597 195.9 146.7 136.6 64.0 63.3 16.7 15.4 19.5 19.5 18.8 17.9 11.1 10.7 10.3 14.8 10.5 9.7 9.3 12.1 1.9 1.5 0.7 1.0 1.2 0.9 0.7 0.5
Total Current Assets 121,127.1 125,413 116,516 112,288 112,120 114,598 121,539 100,027 88,732 93,609 83,092 72,386 61,435 67,045 69,903 64,483 66,108 76,596 78,698 67,878 58,011 65,782 63,494 64,648 67,955 75,578 80,165 79,349 79,394 84,464 74,293 66,315 59,418 63,241.4 54,786.0 46,617.0 45,911.4 52,222.1 29,145.8 30,129.6 40,600.9 25,750.5 26,695.9 16,802.2 17,076.7 16,194.1 14,692.2 14,686.5 14,365.7 10,195.2 9,317.8 8,237.7 7,643.2 7,436.4 7,045 6,586.9 6,398.5 5,878.0 5,345.3 4,655.1 4,570.9 4,189 3,822.6 4,016.9 2,306.3 2,012.4 1,737.9 1,797.0 1,631.3 1,702.2 1,704.5 1,659.7 1,547.6 1,540.0 1,290.4 1,122.5 1,052.6 971.4 966.8 931.9 851.6 773.7 727.0 693.1 670.9 612.0 550.0 518.4 509.3
Non-Current Assets
Property, Plant & Equipment 6,330.0 6,329 6,160 5,812 5,901 5,792 5,824 5,730 5,859 5,819 5,907 5,897 6,056 6,095 6,232 6,096 6,316 6,446 6,619 6,821 6,767 6,668 6,780 7,262 7,342 6,971 6,937 6,665 5,872 5,837 5,822 5,785 5,616 5,631.5 5,647.5 5,564.9 5,592.0 5,574.2 5,568.7 5,563.0 5,556.0 5,314.7 5,351.1 5,257.0 5,220.6 3,479.5 2,095.4 1,511.1 1,412.9 1,368.0 1,331.9 1,302.5 1,123.9 736.3 728 686.4 683.9 650.7 643.4 638.8 653.7 620 612.9 623.5 550.5 473.1 397.4 352.9 346.1 265.1 265.5 261.2 267.2 262.3 252.6 192.3 153.6 106.3 81.9 58.0 53.6 33.8 33.7 32.4 31.9 29.9 28.7 29.1 23.3
Goodwill 62,307.7 62,288 61,884 61,146 60,911 60,926 59,381 59,377 59,372 59,365 59,382 59,340 59,337 59,313 59,326 59,353 59,353 59,353 59,353 59,352 59,353 59,406 59,327 58,308 58,308 57,915 57,920 57,920 58,026 58,107 57,657 56,488 56,246 56,265.6 56,218.1 56,015.2 56,015.2 46,431.2 46,392.1 46,440.5 45,690.4 2,719.0 2,536.0 2,560.1 1,892.5 1,185.5 1,180.5 1,180.5 972.5 944.8 829.0 829.0 822.6 801.6 802 798.6 798.6 798.6 788.2 758.2 758.2 758 758.2 322.9 322.9 322.9 322.9 63.7 63.7 14.6 14.6 14.6 14.6 14.6 14.6 14.6 14.6 14.6 9.5 9.5 9.5 0 0 0 0 0 0 0 0
Intangible Assets 13,021.3 13,071 12,967 12,809 12,840 12,898 12,551 12,596 12,644 12,689 12,738 12,781 12,825 12,869 12,929 12,991 13,046 13,112 13,177 13,231 13,344 13,519 13,324 13,158 13,264 13,373 13,481 13,595 13,817 13,863 13,963 13,811 13,847 13,888.2 13,834.9 13,927.2 14,024.3 10,990.9 11,020.1 11,048.7 11,110.2 1,145.4 1,167.3 1,102.2 772.8 530.5 532.1 533.3 464.1 466.4 427.0 429.3 432.1 434.7 437 417.0 419.9 412.7 412.7 400.6 403.3 401 403.5 173.6 175.8 109.6 110.2 110.9 136.0 113.0 113.2 113.7 68.0 65.5 65.7 66.1 69.4 0 0 0 67.3 14.7 14.9 10.6 10.7 10.9 11.0 11.1 11.2
Long-Term Investments 61,414.1 59,752 51,121 51,825 47,194 46,745 45,392 47,672 49,342 53,465 54,757 56,720 50,177 47,004 44,075 42,668 44,961 43,216 47,039 48,246 47,943 51,003 53,659 51,353 51,278 47,647 35,000 34,244 26,874 25,416 27,008 25,224 25,574 22,609.4 22,166.6 21,478.1 20,532.8 18,285.8 17,977.1 14,743.1 13,870.5 11,855.6 8,558.0 5,203.3 5,318.8 5,067.4 3,030.4 2,739.4 2,857.2 1,528.4 1,368.9 1,413.7 1,437.2 1,435.6 1,271 1,328.5 1,305.1 1,271.9 1,412.8 1,569.2 1,730.1 1,555 1,398.2 1,359.1 801.2 786.1 632.3 424.3 464.3 0 0 0 227.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 600.4 485 514 470 361 545 538 623 612 643 624 596 537 404 398 399 391 414 413 408 436 387 551 655 1,046 620 1,011 805 997 919 1,191 916 1,077 1,173.0 1,625.2 1,959.0 1,962.9 1,638.5 1,625.2 1,598.0 1,609.2 2,465.7 1,433.6 1,019.1 928.2 1,810.5 2,242.9 738.8 745.9 226.6 196.9 191.5 210.6 387.4 136 158.3 155.4 158.0 157.0 0 0 111 0 0 0 68.5 211.1 23.4 0 209.0 209.3 218.1 0 209.5 195.8 177.4 160.5 222.3 184.4 128.4 54.3 93.6 51.2 47.6 27.2 25.7 21.9 17.5 13.5
Total Non-Current Assets 146,430.2 145,165 135,922 135,474 130,461 129,702 126,284 128,479 130,405 133,903 135,124 136,747 130,256 127,253 124,725 123,335 125,751 124,268 128,307 129,564 129,238 132,417 135,001 132,053 132,214 127,505 115,107 113,878 106,436 104,906 106,347 102,866 102,822 99,986.1 99,895.7 99,324.6 98,502.5 83,336.2 83,067.0 79,839.0 78,241.7 23,500.5 19,045.9 15,141.7 14,132.8 12,073.4 9,081.3 6,703.2 6,452.8 4,534.2 4,153.6 4,166.1 4,026.5 3,795.6 3,428 3,388.8 3,362.9 3,291.9 3,414.1 3,366.9 3,545.3 3,491 3,172.8 2,479.1 1,850.5 1,760.2 1,674.0 975.1 1,010.1 601.8 602.6 607.6 577.3 551.8 528.7 450.4 398.0 343.1 275.8 196.0 184.6 142.1 99.8 90.6 69.9 66.4 61.6 57.7 48.0
Total Assets 267,557.3 270,578 252,438 247,762 242,581 244,300 247,823 228,506 219,137 227,512 218,216 209,133 191,691 194,298 194,628 187,818 191,859 200,864 207,005 197,442 187,249 198,199 198,495 196,701 200,169 203,083 195,272 193,227 185,830 189,370 180,640 169,181 162,240 163,227.5 154,681.6 145,941.6 144,413.9 135,558.3 112,212.8 109,968.5 118,842.6 49,251.0 45,741.8 31,943.9 31,209.5 28,267.5 23,773.4 21,389.7 20,818.5 14,729.4 13,471.5 12,403.8 11,669.8 11,232.0 10,473 9,975.7 9,761.4 9,169.9 8,759.5 8,022.0 8,116.2 7,680 6,995.5 6,496.0 4,156.8 3,772.7 3,411.9 2,772.1 2,641.4 2,304.0 2,307.1 2,267.3 2,124.9 2,091.8 1,819.0 1,572.8 1,450.6 1,314.5 1,242.6 1,127.9 1,036.2 915.8 826.8 783.6 740.7 678.5 611.6 576.1 557.3
Current Liabilities
Account Payables 19,162.2 20,149 19,506 16,979 16,578 17,596 19,189 17,736 16,459 18,173 14,729 11,287 7,569 7,389 6,745 4,201 6,019 7,325 6,577 4,973 4,506 7,109 4,478 4,929 12,294 13,386 12,925 10,969 11,714 13,599 11,108 9,416 7,459 8,314.1 7,029.5 6,416.8 7,278.8 7,679.8 7,654.1 6,054.3 5,944.5 4,143.4 3,794.2 3,517.2 2,304.1 2,152.8 2,171.1 2,082.4 1,637.5 1,595.4 1,532.6 1,472.7 1,023.7 965.4 1,017 970.1 763.3 736.3 672.5 622.2 595.3 580 625.9 465.9 291.0 198.8 294.5 232.6 138.7 258.6 258.9 290.3 230.9 350.1 237.0 210.5 151.3 142.1 93.4 78.7 72.4 57.6 39.7 40.7 30.2 25.0 22.8 20.1 14.7
Short-Term Debt 19,347.3 20,339 28,202 22,577 19,433 26,607 39,530 38,627 25,857 30,807 32,414 39,231 32,674 33,868 36,203 30,870 39,866 45,143 40,967 40,796 33,665 34,328 42,097 40,382 30,516 36,751 37,690 37,924 36,011 36,026 24,462 20,576 16,316 14,838.8 10,587.1 10,692.4 6,887.3 13,571.5 11,329.2 11,496.9 12,710.2 5,819.4 5,924.9 3,115.8 3,560.5 2,377.4 1,541.0 947.8 774.6 537.0 446.6 452.2 453.5 947.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 187.6 0 0 0 96.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 18,196.6 22,208 19,692 17,361 18,029 17,217 16,561 13,928 13,380 14,340 13,505 10,467 8,278 7,844 7,822 6,857 7,535 7,425 7,595 7,210 7,605 7,996 8,013 10,159 11,675 9,944 10,680 8,646 9,472 7,823 8,183 6,254 7,868 8,771.5 7,782.9 6,275.6 8,203.5 5,726.0 5,468.1 4,402.7 5,974.1 5,360.6 4,767.9 3,375.5 4,136.4 3,381.8 3,071.9 2,082.4 2,451.9 1,932.6 1,834.2 1,330.9 1,414.9 1,223.8 0 880.3 1,090.9 738.0 724.4 0 0 0 0 0 0 0 162.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0.2 0 0 0 0 0 0 0 0
Other Current Liabilities 21,512.7 21,783 20,054 19,860 0 19,017 16,836 0 0 16,438 15,029 13,562 0 12,607 11,926 11,888 0 13,624 13,431 12,659 0 11,927 11,969 12,330 0 0 0 0 367 0 0 0 367 0 0 0 168.4 0 0 0 92.2 0 0 0 80.8 0 0 0 0 0 0 0 0 173.6 2,488 113.3 0 135.9 116.3 455.6 595.7 1,139 487.2 234.0 276.8 279.3 103.4 114.7 0 276.2 276.6 353.3 0 280.7 274.1 244.0 207.9 164.0 224.0 212.6 140.3 92.1 83.3 100.8 108.6 62.3 38.9 39.7 49.2
Total Current Liabilities 78,218.8 84,479 87,454 76,777 74,010 80,437 92,116 86,807 72,411 79,758 75,677 74,547 61,239 61,708 62,696 53,816 66,218 73,517 68,570 65,638 58,369 61,360 66,557 67,800 69,182 74,118 74,629 69,505 68,784 69,065 55,233 47,269 42,162 41,972.5 34,767.3 31,729.0 30,295.0 33,173.8 29,651.5 27,523.0 33,666.1 18,873.8 17,686.8 13,091.8 12,714.7 10,253.7 8,889.4 6,795.4 6,368.0 5,599.7 5,002.3 4,282.1 3,910.1 4,163.3 3,505 2,540.2 2,568.1 2,164.0 1,994.9 1,632.8 1,880.9 1,719 1,706.3 1,606.5 1,158.5 950.8 854.7 650.3 626.0 588.0 588.8 692.5 672.0 671.3 547.3 454.5 420.7 306.1 317.4 291.2 270.4 149.8 123.0 141.5 138.7 87.3 61.7 59.8 63.9
Non-Current Liabilities
Long-Term Debt 11,437.3 11,033 10,938 19,656 20,134 19,126 20,034 8,688 19,099 19,677 19,697 13,453 13,177 17,435 17,402 20,302 11,093 12,271 22,713 23,356 22,718 32,259 28,067 23,292 19,537 20,600 21,673 24,465 24,146 26,062 29,912 29,072 29,220 33,597.2 35,595.9 34,304.4 34,650.7 28,018.5 19,737.6 19,157.6 18,354.6 16,842.3 16,430 8,058.7 7,984.6 7,979.4 5,797.3 5,809.2 5,657.2 1,101.6 1,104.7 1,117.9 1,121.4 1,131.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.8 0 0 0 1.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 3,951.5 3,846 3,640 3,494 4,098 3,797 3,477 3,608 3,825 3,635 3,647 3,485 3,487 3,477 3,491 3,504 3,527 3,518 3,534 3,545 3,574 3,616 3,567 3,528 3,592 3,624 3,657 3,978 3,838 3,865 3,915 3,786 3,895 3,510.6 3,536.2 3,562.0 3,607.9 3,011.5 3,040.7 3,030.4 3,045.3 649.7 213.2 201.7 132.5 71.8 72.0 72.2 63.2 63.2 53.0 53.1 53.3 53.5 0 48.1 48.3 48.5 48.7 45.2 45.4 0 49.2 11.0 11.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 654.4 678 383 327 296 270 259 326 319 362 310 263 235 182 170 154 165 202 250 385 403 201 206 1,461 1,406 1,379 555 782 329 391 614 340 348 481.8 478.7 339.9 339.6 97.8 97.8 94.7 91.7 0 0 0 0 0 0 0 0 0 0 0 0 0 120 0 0 0 0 0 0 131 0 0 0 0 0 0 0 0.8 0.8 0.8 1.2 1.6 1.6 1.6 2.4 2.4 0 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 16,628.6 16,120 15,504 23,999 25,089 23,736 24,315 13,090 23,720 24,142 24,138 17,699 17,433 21,647 21,654 24,327 15,185 16,418 27,105 28,021 27,313 36,558 32,376 29,056 25,284 26,256 26,581 29,824 28,313 30,318 34,441 33,198 33,463 37,589.6 39,610.8 38,206.3 38,598.1 31,127.8 22,876.0 22,282.7 21,491.6 17,492.0 16,643.2 8,260.4 8,117.1 8,051.2 5,869.3 5,881.4 5,720.4 1,164.8 1,157.7 1,171.1 1,174.7 1,184.7 120 48.1 48.3 48.5 48.7 45.2 45.4 131 49.2 11.0 11.5 0 0 0 0.8 0.8 0.8 0.8 2.8 1.6 1.6 1.6 2.4 2.4 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 94,847.4 100,599 102,958 100,776 99,099 104,173 116,431 99,897 96,131 103,900 99,815 92,246 78,672 83,355 84,350 78,143 81,403 89,935 95,675 93,659 85,682 97,918 98,933 96,856 94,466 100,374 101,210 99,329 97,097 99,383 89,674 80,467 75,625 79,562.1 74,378.0 69,935.4 68,893.1 64,301.6 52,527.5 49,805.7 55,157.7 36,365.8 34,330.0 21,352.2 20,831.8 18,304.9 14,758.6 12,676.9 12,088.4 6,764.5 6,160.0 5,453.2 5,084.9 5,348.0 3,625 2,588.3 2,616.4 2,212.6 2,043.6 1,678.1 1,926.3 1,850 1,755.5 1,617.5 1,170.1 950.8 854.7 650.3 626.9 588.8 589.6 693.3 674.8 672.9 548.9 456.1 423.1 308.5 317.4 291.2 270.4 149.8 123.0 141.5 138.7 87.3 61.7 59.8 63.9
Stockholders' Equity
Common Stock 0 168,095 147,646 0 6 0 0 6 6 0 0 0 6 0 0 0 6 0 0 0 6 0 0 0 6 0 5 0 5 0 0 5 5 5.2 5.1 5.1 5.0 4.9 4.6 4.6 4.1 3.1 3.1 3.1 3.1 3.1 3.1 3.1 3.0 3.0 3.0 3.0 3.0 0 3 0 2.9 0 0 2.9 2.9 3 2.9 2.9 2.8 2.8 0 2.8 2.8 2.8 2.8 2.8 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.6 2.6 2.6 2.6 2.6 2.5 2.5 2.5
Retained Earnings 0 0 0 0 45,251 0 0 33,118 28,806 0 0 0 20,135 0 0 0 18,823 0 0 0 19,470 0 0 0 22,803 0 20,153 0 15,943 0 0 16,197 8,838 8,338.0 7,108.9 6,782.0 6,699.6 6,122.8 6,098.9 6,620.2 8,198.8 8,158.0 5,742.8 5,600.0 5,726.0 5,966.1 5,749.2 5,614.3 5,498.9 5,252.7 4,879.7 4,669.3 4,515.8 4,328.5 4,233 3,975.7 3,806.6 3,558.7 3,233.5 2,969.8 2,734.9 2,526 2,133.3 1,898.1 1,707.7 1,529.4 1,340.9 1,182.0 1,060.6 848.1 910.1 730.6 631.6 622.9 512.4 424.6 359.5 376.8 312.5 252.0 203.5 230.7 165.2 108.6 69.0 81.1 42.7 11.3 (10.5)
Accumulated Other Comprehensive Income 0 132 791 0 1,263 0 0 (213) (328) 0 0 0 (943) 0 0 0 (870) 0 0 0 (971) 0 0 0 (870) 0 (885) 0 (998) 0 0 863 6,763 4,592.0 2,984.3 2,398.5 1,247.9 547.7 342.1 817.8 729.0 915.8 1,024.1 458.0 577.7 660.2 321.2 195.3 491.1 89.0 18.8 21.1 44.4 (64.2) (470) (253.6) (74.4) (164.3) 15.0 31.7 199.0 582 16.9 (0.6) (77.7) (77.8) (76.8) (146.6) (95.0) (25.9) (86.7) (6.7) (36.4) 29.0 30.9 34.4 37.7 27.9 30.6 31.8 33.7 11.3 19.1 17.8 18.4 2.2 1.6 1.2 2.1
Total Stockholders' Equity 171,057.9 168,227 148,437 145,986 142,550 139,143 130,500 127,774 122,184 122,821 117,649 116,150 112,283 110,230 109,542 108,913 109,677 110,005 110,395 102,837 100,354 98,715 97,529 97,617 103,442 100,662 92,077 91,908 86,715 87,756 89,063 86,839 84,836 81,730.3 78,309.0 74,186.3 71,536.8 67,578.4 56,078.2 55,856.2 44,550.7 11,821.9 9,699.3 9,528.9 9,529.2 9,426.6 8,588.9 8,450.4 8,530.4 7,760.1 7,130.3 6,747.1 6,489.6 5,824.4 6,848 7,324.0 7,042.3 6,856.5 6,613.9 6,256.0 6,103.7 5,830 5,156.9 4,833.3 2,925.0 2,655.9 2,395.2 2,119.1 2,012.0 1,713.7 1,716.0 1,572.8 1,450.1 1,417.8 1,269.4 1,116.1 1,026.8 1,005.4 924.1 835.8 765.0 765.2 703.1 641.4 601.4 590.6 549.3 515.8 492.8
Total Liabilities & Equity 267,557.3 270,578 252,438 247,762 242,581 244,300 247,823 228,506 219,137 227,512 218,216 209,133 191,691 194,298 194,628 187,818 191,859 200,864 207,005 197,442 187,249 198,199 198,495 196,701 200,169 203,083 195,272 193,227 185,830 189,370 180,640 169,181 162,240 163,227.5 154,681.6 145,941.6 144,413.9 135,558.3 112,212.8 109,968.5 118,842.6 49,251.0 45,741.8 31,943.9 31,209.5 28,267.5 23,773.4 21,389.7 20,818.5 14,729.4 13,471.5 12,403.8 11,669.8 11,232.0 10,473 9,975.7 9,761.4 9,169.9 8,759.5 8,022.0 8,116.2 7,680 6,995.5 6,496.0 4,156.8 3,772.7 3,411.9 2,772.1 2,641.4 2,304.0 2,307.1 2,267.3 2,124.9 2,091.8 1,819.0 1,572.8 1,450.6 1,314.5 1,242.6 1,127.9 1,036.2 915.8 826.8 783.6 740.7 678.5 611.6 576.1 557.3
Debt Metrics
Total Debt 31,370.0 31,935 39,683 42,755 40,322 46,276 60,109 47,783 45,573 50,952 52,595 53,182 46,659 51,856 54,196 51,539 51,722 57,841 64,288 64,887 57,410 67,069 70,700 64,449 51,240 58,004 60,059 62,988 60,157 62,088 54,374 49,648 45,536 48,436.0 46,183.1 44,996.8 41,538.0 41,590.0 31,066.7 30,654.5 31,064.8 22,661.7 22,354.9 11,174.5 11,545.1 10,356.8 7,338.2 6,757.0 6,431.8 1,638.6 1,551.4 1,570.1 1,574.9 2,078.3 381 0 0 0 0 0 0 0 0 0 0 0 0 0 188.4 0 0 0 98.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Debt (15,110.6) (27,286) (18,630) (13,605) (8,117) 4,294 8,556 5,596 3,981 13,191 15,752 22,606 29,659 32,940 31,237 30,678 31,904 37,313 36,592 41,827 39,314 41,864 51,804 40,356 31,317 39,674 37,057 40,280 38,627 40,598 32,333 32,395 27,293 30,112.5 29,986.8 26,076.8 23,103.3 10,817.7 20,949.8 18,248.9 11,849.1 13,715.7 9,431.2 6,863.1 6,244.2 3,386.9 789.6 (173.7) (706.6) (1,435.7) (1,199.2) (2,369.6) (1,846.6) (771.6) (2,469) (2,964.9) (3,503.4) (2,900.1) (3,332.2) (2,049.8) (2,153.9) (1,648) (1,539.5) (3,093.6) (1,434.6) (1,192.0) (1,075.4) (1,264.5) (881.4) (1,116.1) (1,117.6) (995.8) (966.1) (1,189.4) (969.9) (858.7) (843.7) (758.8) (801.6) (787.8) (735.3) (665.2) (643.0) (617.2) (615.9) (558.3) (500.9) (472.6) (472.1)
Metric 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 2011 Q4 2010 Q4 2009 Q4 2008 Q4 2008 Q3 2007 Q4 2007 Q2 2006 Q4 2005 Q4 2005 Q2 2004 Q4 2004 Q1 2003 Q4
Operating Activities
Net Income 4,373 19,890 4,846 4,277 2,157 6,765 3,833 599.9 1,297 4,615 631 3,375 1,367 266 69 (989) (834) (849) (647) 1,780 1,004 1,578 (476) (5,353) 2,008 793 (403) 4,613 (1,190) (1,139) 2,381 1,060 351.7 1,394 326.9 52 645.3 23.9 (521.3) (1,578.7) 75.7 2,415.1 98.5 (183.1) (224.4) 216.9 134.9 88.4 261.5 373.0 210.4 153.5 192.6 193.8 487.4 302.3 311.6 219.7 105.4 139.3 88.1 68.2 64.8 56.6 41.6 21.7 13.5
Depreciation & Amortization 1,095 0 0 0 0 0 0 38.7 0 0 0 301 0 0 0 0 0 0 0 0 0 0 0 0 565 0 63 0 (609.0) 0 468 0 (176.9) 0 0 0 77,160.6 0 0 0 66.0 107.1 78.2 62.8 67.4 0 0 35.9 0 0 0 0 99 0 89.9 72.6 53.3 38.2 0 26.3 0 0 0 0 1.2 0 1.3
Stock-Based Compensation 664 560 566 480 459 459 674 450 450 509 497 378 310 351 304 223 507 514 366 294 511 531 488 343 443 393 393 485 450 401 480 376 400.4 384 527.9 522 589.2 556.8 578.0 1,835.6 196.5 134.1 153.1 158.9 126.6 137.1 111.3 121.6 106.3 108.9 111.2 111.6 113.7 108.5 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (5,734) 0 0 0 0 0 0 (1,033) 0 0 0 700 0 0 0 0 0 0 0 0 0 0 0 0 (319) 0 799 0 (931.3) 0 (198) 0 (1,101.3) 0 0 0 (1,101.3) 0 0 0 2,163.3 (1,916.2) 380.5 748.9 1,499.8 0 0 (28.0) 0 0 0 0 533.6 0 391 263.2 219.8 (6.7) 0 (22.4) 0 0 0 0 14.3 0 9.7
Other Non-Cash Items 11,619 (20,450) (5,412) (4,757) (2,616) (7,224) (4,507) 2,415.3 (1,747) (5,067.7) (1,069.9) (1,488) (1,616.3) (554.5) (373) 766 327 335 281 (2,074) (1,515) (2,109) (12) 5,010 (2,451) (1,186) 10 (5,098) 740 738 (2,861) (1,436) (752.1) (1,778) (854.7) (574) (1,234.5) (580.8) (56.8) (257.0) 341.8 (1,976.9) 50.4 8.4 (176.6) (354.0) (246.2) (35.2) (367.8) (481.9) (321.5) (265.1) (192.6) (193.8) 886.4 930.2 457.2 336.9 (105.4) 350.8 (88.1) (68.2) (64.8) (56.6) 0.3 (21.7) 11.8
Operating Cash Flow 14,379 0 0 0 0 0 0 2,453 0 56.3 58.1 3,175 60.7 62.5 0 0 0 0 0 0 0 0 0 0 3,575 0 1,534 0 (3,663.8) 0 2,224 0 (1,634.2) 0 0 0 (404,964.9) 0 0 0 2,843.3 (1,236.8) 715.6 726.8 1,292.7 0 0 191.5 0 0 0 0 1,654.4 0 1,851.3 1,550.2 1,027.6 590.9 105.4 485.6 88.1 68.2 64.8 56.6 57.5 21.7 36.5
Investing Activities
Capital Expenditure (797) 0 0 0 0 0 0 (427.1) 0 0 0 (111) 0 0 0 0 0 0 0 0 0 0 0 0 (465) 0 (19) 0 761.9 0 (350) 0 479.8 0 0 0 (56,050.3) 0 0 0 (144.2) (101.7) (198.0) (214.2) (1,830.8) 0 0 (67.7) 0 0 0 0 (543.1) 0 (218.2) (166) (178.1) (165.3) 0 (126.8) 0 0 0 0 (3.1) 0 (2.3)
Acquisitions (753) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 927.2 0 0 0 1,053.9 0 0 0 1,053.9 0 0 0 5,111.2 (75.1) (310.0) (617.2) 9.6 0 0 (126.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (197,838) 0 0 0 0 0 0 (925.4) 0 0 0 (5,516) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,789.2 0 0 0 3,033.2 0 0 0 (116,418.0) 0 0 0 0 0 (2,394.6) (404.9) 0 0 0 (234.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 196,847 0 0 0 0 0 0 365.2 0 0 0 8,847 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (20) 0 0 0 (29) 0 0 0 343,958.8 0 0 0 0 0 42.0 0 0 0 0 (9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (1,640) 0 0 0 0 0 0 (3,363.7) 0 0 0 (924) 0 0 0 0 0 0 0 0 0 0 0 0 507 0 3,579 0 5,966.1 0 (5,665) 0 297.1 0 0 0 (6,750.3) 0 0 0 (2,609.2) (2,196.8) (261.3) (30.6) (2,855.6) 0 0 (4.5) 0 0 0 0 (696.8) 0 (121.7) (2,274.4) (584.3) (333.4) 0 (142.8) 0 (206.8) (72.8) 0 (0.0) 0 2
Investing Cash Flow (4,181) 0 0 0 0 0 0 (4,351) 0 0 0 2,296 0 0 0 0 0 0 0 0 0 0 0 0 42 0 3,560 0 10,424.4 0 (6,015) 0 4,835.0 0 0 0 165,794.1 0 0 0 2,357.9 (2,373.6) (3,143.9) (1,266.9) (4,676.8) 0 0 (424.1) 0 0 0 0 (1,239.9) 0 (339.9) (2,440.4) (762.4) (498.7) 0 (269.6) 0 (206.8) (72.8) 0 (3.1) 0 (0.3)
Financing Activities
Net Debt Issuance (9,119) 0 0 0 0 0 0 1,656 0 0 0 6,644 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6,477.8 0 11,089.7 (425.1) 0 0 0 155.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased (4,396) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 274 0 (86) 0 210.6 0 279 0 593.3 0 0 0 593.3 0 0 0 (145.2) (345.1) (489.6) 0 0 0 0 (103.7) 0 0 0 0 (1,766) 0 (104.3) 1,625.2 96.9 40.2 0 88 0 0 0 0 0.0 0 364
Dividends Paid (1,423) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (218) 0 0 0 0 0 0 613.8 0 0 0 (143) 0 0 0 0 0 0 0 0 0 0 0 0 (9,087) 0 (8,510) 0 (18,963.9) 0 8,341 0 (10,654.2) 0 0 0 (10,654.1) 0 0 0 (1,292.0) (86.3) 460.9 (11.5) 1,605.0 0 0 (22.0) 0 0 0 0 (515.6) 0 (114.7) 1,625.3 96.9 (72.1) 0 16.4 0 (27.1) (30.4) 0 0 0 364
Financing Cash Flow (14,663) 0 0 0 0 0 0 2,369 0 0 0 6,501 0 0 0 0 0 0 0 0 0 0 0 0 (9,087) 0 (8,510) 0 (18,963.9) 0 8,341 0 (10,654.2) 0 0 0 (10,654.1) 0 0 0 5,040.6 (431.4) 11,061.0 (436.6) 1,605.0 0 0 29.7 0 0 0 0 (515.6) 0 (114.7) 1,625.3 96.9 (72.1) 0 16.4 0 (27.1) (30.4) 0 1.8 0 364
Cash Position
Net Change in Cash 46,451 0 0 0 0 0 0 790 1,031.7 97.9 622.5 12,089 (8.2) (762.1) 0 0 0 0 0 0 0 0 0 0 (5,156) 0 (3,382) 0 (21,760.9) 0 4,511 0 (12,923.3) 0 0 0 (249,787.0) 0 0 0 10,269.7 (3,977.7) 8,612.3 (989.5) (1,669.1) 0 0 (207.6) 0 0 0 0 (81.9) 0 1,349.5 719.3 364.8 5.4 105.4 220 88.1 (27.1) (30.4) 56.6 57.6 21.7 401.6
Cash at Beginning 0 0 0 0 0 0 0 43,983 5,169.9 5,072.0 4,449.5 18,487 2,667.5 3,429.6 0 0 0 0 0 0 0 0 0 0 18,330 0 22,708 0 21,764 0 17,253 0 12,923.7 0 0 0 12,923.7 0 0 19,215.7 8,946.0 0 4,311.4 5,300.9 6,970.0 0 0 7,138.3 0 0 0 0 2,850 0 2,900 1,648 1,192 1,198 0 1,189 0 870.8 765.7 0 558.3 0 70
Cash at End 46,451 0 0 0 0 0 0 44,773 6,201.6 5,169.9 5,072.0 30,576 2,659.3 2,667.5 0 0 0 0 0 0 0 0 0 0 13,174 0 19,326 0 3.1 0 21,764 0 0.3 0 0 0 (236,863.4) 0 0 19,215.7 19,215.7 (3,977.7) 12,923.7 4,311.4 5,300.9 0 0 6,930.7 0 0 0 0 2,768.1 0 4,249.5 2,367.3 1,556.8 1,203.4 105.4 1,409 88.1 843.7 735.4 56.6 615.9 21.7 471.6
Free Cash Flow 13,582 0 0 0 0 0 0 2,025.9 0 56.3 58.1 3,064 60.7 62.5 0 0 0 0 0 0 0 0 0 0 3,110 0 1,515 0 (2,901.9) 0 1,874 0 (1,154.4) 0 0 0 (461,015.2) 0 0 0 2,699.1 (1,338.5) 517.6 512.5 (538.1) 0 0 123.8 0 0 0 0 1,111.3 0 1,633.1 1,384.2 849.5 425.6 105.4 358.8 88.1 68.2 64.8 56.6 54.4 21.7 34.2
Key Metrics 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 Q3 2003 Q2 2003 Q1
Income Statement
Revenue 15,185.5 18,338 14,843 13,830 12,744 15,873 12,772 11,905 10,325 13,740 11,247 9,198 5,027 6,892 4,011 4,109 4,681 5,344 5,890 4,108 4,964 5,462 3,159 4,731 8,335 10,476 8,691 8,164 7,560 9,355 7,319 6,731 6,176.2 8,119 6,415.8 6,045 5,067.3 5,571.9 4,411.3 4,178.0 2,874.1 3,181.6 2,527.1 2,314.8 1,913.3 2,129.6 1,722.3 1,581.8 1,440.4 1,541.0 1,244.9 1,160.5 1,101.4 1,173.0 62.8 910.8 1,690.4 974.7 833.0 764.5 787.1 812.2 695.2 586.7 1,100.8 545.4 476.3 400.6 786.9 400.3 401.7 366.7 396.8 346.0 308.8 249.1 246.1 222.4 34.0 167.3 135.8 150.3 137.5 103.3 84.4 96.2 85.2 68.0 43.3 43.3 43.3 43.3
Gross Profit 11,990.2 14,979 12,025 11,125 10,104 13,073 10,460 9,667 8,315 11,273 9,240 7,561 3,828 5,621 3,035 3,042 3,563 4,121 4,667 3,074 4,054 4,433 2,287 3,511 6,607 8,319 6,893 6,475 5,940 7,364 5,850 5,487 5,114.6 6,816 5,291.7 4,856 3,940.9 4,337.6 3,178.1 3,042.1 2,110.8 2,336.0 1,797.1 1,610.2 1,329.7 1,540.6 1,243.7 1,132.4 1,046.0 1,161.9 935.7 856.3 816.7 887.0 47.6 684.9 1,301.1 748.6 643.3 599.8 617.6 636.0 544.0 458.3 882.7 421.1 368.2 310.6 626.9 313.2 322.0 298.7 327.8 281.9 251.7 200.6 199.6 178.8 26.6 139.2 105.1 126.3 117.7 88.3 69.0 83.9 74.2 58.3 43.3 43.3 43.3 43.3
Operating Income 2,499.0 5,574 4,102 3,563 2,301 5,006 3,555 3,315 2,197 3,909 2,977 2,241 (240) 854 (167) (359) (704) (246) 326 (787) (16) 790 (688) (1,509) 580 2,242 1,333 885 (189) 1,480 724 590 304.6 1,579 645.3 374 207.4 447.4 (395.9) (1,827.4) 95.2 405.2 60.9 (180.3) (400.9) 88.2 90.9 70.9 182.9 299.5 195.9 160.0 119.9 190.1 (8.5) 176.6 493.3 304.3 268.4 262.7 292.3 308.0 257.4 196.4 324.5 199.2 163.7 135.2 226.6 107.5 127.2 110.3 (233.3) 111.0 95.1 71.1 76.4 64.1 16.3 49.9 62.8 62.4 57.3 39.2 33.0 41.0 36.2 25.6 (71.8) 43.3 43.3 43.3
Net Income 4,221.9 19,890 4,846 4,277 2,157 6,765 3,833 4,312 1,297 4,615 631 3,375 2,057 266 69 (989) (834) (849) (647) 1,780 1,004 1,578 (476) (5,353) 2,008 793 (403) 4,613 (1,190) (1,139) 2,381 1,060 351.7 1,394 326.9 52 645.3 23.9 (521.3) (1,578.7) 75.7 2,415.1 142.8 (126.0) (224.4) 216.9 134.9 115.4 261.5 373.0 210.4 153.5 192.6 193.8 (49.4) 208.4 487.4 325.3 263.7 234.9 302.3 320.1 235.2 190.4 311.6 188.5 158.9 121.4 219.7 104.5 119.3 98.8 139.3 109.7 88.1 64.9 68.2 64.6 12.1 48.4 64.8 65.5 56.6 39.6 41.6 38.4 31.4 21.7 13.5 13.5 13.5 13.5
EPS (Diluted) 6.01 28.61 6.97 6.09 3.09 9.93 5.57 6.38 1.94 6.84 0.94 5.02 3.12 0.22 0.49 -1.24 -1.29 -1.32 -1.02 2.88 1.65 2.61 -0.79 -8.98 3.23 1.35 -0.72 7.45 -2.16 -2.08 3.89 1.81 0.85 2.36 0.65 0.15 1.18 0.05 -1.13 -3.49 0.19 6.63 0.45 -0.45 -0.80 0.69 0.44 0.38 0.84 1.22 0.19 0.55 0.69 0.11 -0.18 0.69 1.60 1.07 0.86 0.77 0.99 1.05 0.78 0.65 1.07 0.66 0.57 0.45 0.81 0.38 0.43 0.36 0.50 0.39 0.32 0.24 0.25 0.25 0.04 0.18 0.25 0.25 0.22 0.15 0.16 0.16 0.12 0.08 0.05 0.01 0.01 0.01
Balance Sheet
Cash & Equivalents 46,480.6 59,221 58,313 56,360 48,439 41,982 51,553 42,187 41,592 37,761 36,843 30,576 17,000 18,916 22,959 20,861 19,818 20,528 27,696 23,060 18,096 25,205 18,896 24,093 19,923 18,330 23,002 22,708 21,530 21,490 22,041 17,253 18,243 18,323.5 16,196.3 18,920.1 18,434.7 30,772.3 10,116.9 12,405.7 19,215.7 8,946.0 12,923.7 4,311.4 5,300.9 6,970.0 6,548.6 6,930.7 7,138.3 3,074.3 2,750.5 3,939.8 3,421.5 2,850.0 2,850 2,964.9 3,503.4 2,900.1 3,332.2 2,049.8 2,153.9 1,648 1,539.5 3,093.6 1,434.6 1,192.0 1,075.4 1,264.5 1,069.8 1,116.1 1,117.6 995.8 1,064.4 1,189.4 969.9 858.7 843.7 758.8 801.6 787.8 735.3 665.2 643.0 617.2 615.9 558.3 500.9 472.6 472.1
Total Assets 267,557.3 270,578 252,438 247,762 242,581 244,300 247,823 228,506 219,137 227,512 218,216 209,133 191,691 194,298 194,628 187,818 191,859 200,864 207,005 197,442 187,249 198,199 198,495 196,701 200,169 203,083 195,272 193,227 185,830 189,370 180,640 169,181 162,240 163,227.5 154,681.6 145,941.6 144,413.9 135,558.3 112,212.8 109,968.5 118,842.6 49,251.0 45,741.8 31,943.9 31,209.5 28,267.5 23,773.4 21,389.7 20,818.5 14,729.4 13,471.5 12,403.8 11,669.8 11,232.0 10,473 9,975.7 9,761.4 9,169.9 8,759.5 8,022.0 8,116.2 7,680 6,995.5 6,496.0 4,156.8 3,772.7 3,411.9 2,772.1 2,641.4 2,304.0 2,307.1 2,267.3 2,124.9 2,091.8 1,819.0 1,572.8 1,450.6 1,314.5 1,242.6 1,127.9 1,036.2 915.8 826.8 783.6 740.7 678.5 611.6 576.1 557.3
Total Debt 31,370.0 31,935 39,683 42,755 40,322 46,276 60,109 47,783 45,573 50,952 52,595 53,182 46,659 51,856 54,196 51,539 51,722 57,841 64,288 64,887 57,410 67,069 70,700 64,449 51,240 58,004 60,059 62,988 60,157 62,088 54,374 49,648 45,536 48,436.0 46,183.1 44,996.8 41,538.0 41,590.0 31,066.7 30,654.5 31,064.8 22,661.7 22,354.9 11,174.5 11,545.1 10,356.8 7,338.2 6,757.0 6,431.8 1,638.6 1,551.4 1,570.1 1,574.9 2,078.3 381 0 0 0 0 0 0 0 0 0 0 0 0 0 188.4 0 0 0 98.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stockholders' Equity 171,057.9 168,227 148,437 145,986 142,550 139,143 130,500 127,774 122,184 122,821 117,649 116,150 112,283 110,230 109,542 108,913 109,677 110,005 110,395 102,837 100,354 98,715 97,529 97,617 103,442 100,662 92,077 91,908 86,715 87,756 89,063 86,839 84,836 81,730.3 78,309.0 74,186.3 71,536.8 67,578.4 56,078.2 55,856.2 44,550.7 11,821.9 9,699.3 9,528.9 9,529.2 9,426.6 8,588.9 8,450.4 8,530.4 7,760.1 7,130.3 6,747.1 6,489.6 5,824.4 6,848 7,324.0 7,042.3 6,856.5 6,613.9 6,256.0 6,103.7 5,830 5,156.9 4,833.3 2,925.0 2,655.9 2,395.2 2,119.1 2,012.0 1,713.7 1,716.0 1,572.8 1,450.1 1,417.8 1,269.4 1,116.1 1,026.8 1,005.4 924.1 835.8 765.0 765.2 703.1 641.4 601.4 590.6 549.3 515.8 492.8
Cash Flow
Operating Cash Flow 14,379 0 0 0 0 0 0 2,453 0 56.3 58.1 3,175 60.7 62.5 0 0 0 0 0 0 0 0 0 0 3,575 0 1,534 0 (3,663.8) 0 2,224 0 (1,634.2) 0 0 0 (404,964.9) 0 0 0 2,843.3 (1,236.8) 715.6 726.8 1,292.7 0 0 191.5 0 0 0 0 1,654.4 0 1,851.3 1,550.2 1,027.6 590.9 105.4 485.6 88.1 68.2 64.8 56.6 57.5 21.7 36.5
Capital Expenditure (797) 0 0 0 0 0 0 (427.1) 0 0 0 (111) 0 0 0 0 0 0 0 0 0 0 0 0 (465) 0 (19) 0 761.9 0 (350) 0 479.8 0 0 0 (56,050.3) 0 0 0 (144.2) (101.7) (198.0) (214.2) (1,830.8) 0 0 (67.7) 0 0 0 0 (543.1) 0 (218.2) (166) (178.1) (165.3) 0 (126.8) 0 0 0 0 (3.1) 0 (2.3)
Free Cash Flow 13,582 0 0 0 0 0 0 2,025.9 0 56.3 58.1 3,064 60.7 62.5 0 0 0 0 0 0 0 0 0 0 3,110 0 1,515 0 (2,901.9) 0 1,874 0 (1,154.4) 0 0 0 (461,015.2) 0 0 0 2,699.1 (1,338.5) 517.6 512.5 (538.1) 0 0 123.8 0 0 0 0 1,111.3 0 1,633.1 1,384.2 849.5 425.6 105.4 358.8 88.1 68.2 64.8 56.6 54.4 21.7 34.2