Tencent Music Entertainment Group logo TME - Tencent Music Entertainment Group

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 11
HOLD 12
SELL 1
STRONG
SELL 0
| PRICE TARGET: $17.82 DETAILS
HIGH: $25.00
LOW: $10.70
MEDIAN: $17.40
CONSENSUS: $17.82
UPSIDE: 102.27%
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
Revenue
Revenue 7,847.3 7,744.6 8,463 8,442 7,356 7,458 7,015 7,160 6,768 6,893 6,569 7,286 7,004 7,425 7,365 1,044.2 6,644 7,607 7,805 8,008 7,824 8,335 7,575 977.9 6,311 7,293 6,507 5,898 5,736 5,397 4,969 4,503 4,116 3,586 2,910 2,242.5 2,242.5 1,219.1 1,219.1 961.4 961.4
Cost of Revenue 4,322.7 175.5 4,781 4,693 4,114 4,205 4,024 4,150 3,997 4,252 4,227 4,789 4,689 4,978 4,962 732.2 4,784 5,415 5,496 5,571 5,358 5,638 5,117 671.8 4,334 4,805 4,296 3,957 3,703 3,561 3,006 2,708 2,433 2,192 1,876 1,551.5 1,551.5 893.9 893.9 670.6 670.6
Gross Profit 3,524.6 7,569.1 3,682 3,749 3,242 3,253 2,991 3,010 2,771 2,641 2,342 2,497 2,315 2,447 2,403 312.0 1,860 2,192 2,309 2,437 2,466 2,697 2,458 306.1 1,977 2,488 2,211 1,941 2,033 1,836 1,963 1,795 1,683 1,394 1,034 691 691 325.3 325.3 290.7 290.7
Operating Expenses
R&D Expenses 0 0 0 0 0 2,280 0 0 0 2,525 0 0 0 2,580 0 0 0 2,339 0 0 0 1,667 0 0 0 1,159 0 0 0 937 0 0 0 797 0 0 0 123.8 123.8 100.7 100.7
SG&A Expenses 1,203.7 (1,070) 1,311 1,156 1,143 1,174 1,218 1,148 1,136 1,266 1,268 1,255 1,229 1,361 1,437 214.3 1,342 1,817 1,638 1,677 1,555 1,679 1,432 183.8 1,162 1,418 1,237 1,050 1,039 1,352 977 833 810 855 599 490 490 312.9 312.9 261.1 261.1
Other Expenses 0 6,021.2 (339) (385) (2,737) (2,610) (371) (336) (324) (2,864) (351) (297) (295) (2,882) (295) 0 (231) (2,646) (248) (275) (253) (1,945) (234) 0 (232) (1,291) 0 0 9 (1,563) (6) 0 0 1 1 0 0 0 0 0 0
Operating Expenses 1,203.7 4,951.2 972 771 (1,594) 844 847 812 812 927 917 958 934 1,059 1,142 214.3 1,111 1,510 1,390 1,402 1,302 1,401 1,198 183.8 930 1,286 1,237 1,050 1,039 1,352 977 833 810 845 592 472.5 472.5 219.7 219.7 355.3 355.3
Operating Income
Operating Income 2,320.9 2,617.9 2,710 2,978 4,836 2,409 2,144 2,198 1,959 1,714 1,425 1,539 1,381 1,388 1,261 97.7 749 682 919 1,035 1,164 1,296 1,260 122.3 1,047 1,202 1,188 1,085 1,147 (970) 1,062 1,014 933 650 464 209.5 209.5 118.0 118.0 (71.0) (71.0)
Interest Expense 45.7 84.0 4.5 12 25 (29) 97 26 30 13 35 42 34 38 24 23 30 30 30 30 31 18 42 17 20 7 18 22 17 9 9 9 8 0 0 0 0 0 0 0 0
Interest Income 244.5 440.1 34.2 254 297 315 299 304 278 277 273 265 237 224 186 151 150 122 131 123 154 156 139 153 174 173 154 144 144 100 82 63 37 24 28 20.5 20.5 16.0 16.0 0.0 0.0
Profitability
EBITDA 2,409.3 4,931.4 2,689 3,173.2 2,348.2 2,329.2 2,025 2,074 1,861 727 1,474 1,492.5 1,362.5 1,200.5 1,261.5 176.3 785.5 616.5 943.5 1,067.5 1,165.5 1,248.5 1,222.5 170.1 974.5 1,244 1,186 1,082 1,142 (960) 1,058 1,007 933 549 442 316 316 183.9 183.9 (46.4) (46.4)
EBIT 2,320.9 5,289.9 2,689 2,994 2,169 2,150 1,845 1,894 1,681 547 1,474 1,274 1,144 982 1,075 158.0 599 430 788 912 1,010 1,093 1,121 156.2 873 1,109 1,186 1,082 1,142 (960) 1,058 1,007 933 549 442 209.5 209.5 118.0 118.0 (71.0) (71.0)
Income Before Tax 2,578.3 2,410.3 2,689 2,982 4,834 2,499 2,076 2,226 1,911 1,704 1,439 1,535 1,367 1,373 1,245 153.6 739 652 890 984 1,106 1,283 1,251 152.6 1,016 1,187 1,168 1,060 1,125 (969) 1,049 998 925 647 472 239 239 121.6 121.6 (64.6) (64.6)
Income Tax Expense 454.2 433.6 477 515 446 423 367 432 381 295 176 187 167 168 152 18.8 90 75 102 113 127 71 116 19.6 130 147 145 132 139 (94) 85 95 85 113 82 41.5 41.5 3.2 3.2 11.3 11.3
Net Income 2,078.4 1,901.8 2,153 2,409 4,291 1,957 1,583 1,682 1,422 1,306 1,168 1,298 1,148 1,151 1,061 129.4 609 536 740 827 926 1,197 1,132 132.5 887 1,042 1,026 927 987 (876) 964 904 841 536 394 198 198 113.7 113.7 (72.7) (72.7)
Per Share Data
EPS (Basic) 1.36 1.22 1.40 1.58 2.80 1.26 1.00 1.10 0.92 0.84 0.74 0.83 0.74 0.74 0.67 0.53 0.37 0.32 0.44 0.50 0.56 0.72 0.68 0.56 0.54 0.62 0.62 0.58 0.60 -0.56 0.59 0.56 0.52 0.33 0.24 0.15 0.15 0.08 0.08 -0.06 -0.06
EPS (Diluted) 1.34 1.20 1.38 1.56 2.78 1.26 1.00 1.08 0.92 0.84 0.74 0.82 0.72 0.72 0.66 0.53 0.37 0.32 0.44 0.48 0.54 0.72 0.68 0.56 0.52 0.62 0.62 0.56 0.58 -0.56 0.59 0.56 0.52 0.33 0.24 0.15 0.15 0.08 0.08 -0.06 -0.06
Shares Outstanding 1,540.7 1,533.6 1,560.1 1,529.9 1,527.3 1,553.2 1,567.4 1,543.8 1,541.0 1,572.7 1,567.5 1,584.4 1,560.3 1,571.5 1,588.1 1,613.2 1,636.6 1,642.3 1,652.8 1,671.2 1,677.4 1,660.4 1,658.3 1,654.7 1,653.5 1,649.2 1,634.5 1,625.0 1,623.5 1,563.5 1,606.7 1,613.2 1,613.2 1,613.2 1,613.2 1,301.6 1,301.6 1,403.6 1,403.6 1,298.7 1,298.7
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Current Assets
Cash & Cash Equivalents 18,362.2 8,490.4 11,255 10,999 12,022 13,164 10,209 12,251 10,218 13,567 12,381 12,950 12,129 9,555 8,582 1,500.4 8,353 6,591 5,078 6,822 10,274 11,128 9,641 1,664.7 12,266 2,214.6 20,036 19,350 14,704 17,356 11,529 9,529 (5,174) 5,174 (3,332) 3,071 3,071 674.5 674.5
Short-Term Investments 8,295.9 15,856.1 11,065 11,197 14,669 14,045 18,354 12,296 16,407 9,974 9,843 10,037 8,362 11,328 10,331 1,696.2 11,681 13,835 15,163 15,516 13,281 14,895 15,168 1,354.4 8,674 1,011.2 653 587 3,459 81 0 0 10,348 0 6,664 261 261 633.3 633.3
Net Receivables 3,810.7 3,905.5 3,682 3,729 3,201 3,508 2,935 3,024 2,808 2,918 2,502 2,459 2,722 2,923 2,916 432.9 2,513 3,797 2,686 2,599 2,817 2,988 2,162 281.2 2,084 315.5 1,734 1,685 1,841 1,483 1,910 1,602 0 1,302 0 719 719 141.7 141.7
Inventory 47.8 41.0 57 32 18 23 18 14 11 8 5 6 12 14 20 3.4 23 24 27 21 18 18 25 4.2 26 3.7 32 27 20 35 36 31 0 30 0 14 14 3.3 3.3
Other Current Assets 4,020.9 4,185.7 3,858 20 11 84 3,010 3,205 31 267 3,348 3,151 2,620 87 0 507.6 0 56 0 0 0 53 0 315.9 0 318.7 0 0 0 55 139 102 0 39 0 932 932 340.5 340.5
Total Current Assets 34,537.5 32,478.7 29,917 30,877 34,176 34,544 34,526 30,790 32,543 29,936 28,079 28,603 25,845 26,559 26,070 4,140.5 25,260 26,791 26,106 28,373 28,954 31,687 30,042 3,620.4 25,286 3,863.8 25,266 23,848 22,174 20,778 15,408 12,913 5,174 7,467 3,332 4,997 4,997 1,793.3 1,793.3
Non-Current Assets
Property, Plant & Equipment 1,567.1 1,488.9 1,358 1,273 1,197 1,098 1,016 899 843 857 826 734 702 721 724 109.5 515 526 523 493 477 487 307 43.7 300 46.9 306 293 251 168 146 119 0 127 0 108 108 124.3 124.3
Goodwill 20,451.3 20,534.1 20,521.5 20,465 19,648 19,647 19,647 19,646 19,567 19,542 19,542 19,538 19,538 19,493 19,493 2,911.9 19,126 19,121 19,100 19,062 19,062 17,492 17,150 2,422.9 17,140 2,460.6 17,140 17,140 17,088 17,088 16,289 16,289 0 16,262 0 15,762 15,762 1,596.5 1,596.5
Intangible Assets 2,759.7 2,900.8 2,944.6 5,374 4,374 4,413 4,378 4,435 4,442 4,469 4,592 4,639 4,751 4,848 4,990 410.9 5,227 4,324 2,764 2,740 2,551 2,020 1,912 276.1 1,615 232.9 1,637 1,669 1,684 1,763 1,535 1,605 0 1,717 0 2,007 2,007 607.5 607.5
Long-Term Investments 36,949.5 42,029.7 46,921.2 49,190 37,984 29,895 24,204 25,847 20,984 19,840 18,962 17,967 17,326 14,332 14,427 1,803.8 14,837 15,403 15,262 15,913 15,786 15,328 13,378 1,715.3 6,941 813.6 4,613 4,927 4,381 3,784 5,662 4,334 0 4,118 0 302 302 299.7 299.7
Other Non-Current Assets 2,680.0 2,656.7 2,681.6 263 312 425 454 419 437 540 580 642 599 709 659 468.9 675 743 2,297 1,135 967 956 1,063 141.1 983 117.1 850 892 825 901 576 585 (5,174) 204 (3,332) 359 359 43.7 43.7
Total Non-Current Assets 64,940.6 70,108.6 74,965.3 76,996 63,908 55,900 50,087 51,615 46,633 45,600 44,877 43,863 43,268 40,450 40,685 5,764.6 40,737 40,463 40,286 39,682 39,151 36,586 34,027 4,629.3 27,170 3,698.7 24,675 25,044 24,356 23,827 24,287 23,034 (5,174) 22,533 (3,332) 18,538 18,538 2,671.7 2,671.7
Total Assets 99,478.1 102,587.3 104,866 107,873 98,084 90,444 84,613 82,405 79,176 75,536 72,956 72,466 69,113 67,009 66,755 9,905.1 65,997 67,254 66,392 68,055 68,105 68,273 64,069 8,249.7 52,456 7,562.5 49,941 48,892 46,530 44,605 39,695 35,947 0 30,000 0 23,535 23,535 4,465.1 4,465.1
Current Liabilities
Account Payables 6,152.9 6,288.0 6,620.4 6,956 7,296 6,879 6,523 6,218 5,493 5,006 5,050 5,217 5,320 4,998 4,838 857.1 5,179 4,329 4,481 4,403 3,915 3,565 3,207 433.0 2,644 367.4 2,496 2,453 2,124 1,830 1,738 1,487 0 1,045 0 998 998 165.5 165.5
Short-Term Debt 110.6 116.1 0 2,147 2,152 2,154 2,099 0 0 0 0 0 0 0 0 13.1 0 0 0 0 0 0 0 10.5 0 9.9 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 3,800.8 3,541.3 3,408.7 3,428 3,313 3,435 2,931 2,952 2,991 3,051 2,555 2,426 2,334 2,309 2,235 283.1 1,872 1,834 1,697 1,789 1,932 1,710 1,540 223.8 1,653 243.2 1,617 1,453 1,399 1,537 1,448 1,364 0 1,047 0 0 0 0 0
Other Current Liabilities 5,439.6 3,560.3 3,269.7 0 0 0 0 0 3,606 0 0 0 0 0 0 565.7 0 (12) 0 0 0 0 0 467.9 0 542.9 0 0 0 0 1,448 1,364 0 1,047 0 1,525 1,525 1,762.4 1,762.4
Total Current Liabilities 16,558.9 14,598.3 14,351.1 16,496 18,630 16,550 15,271 13,179 12,187 12,014 11,413 11,441 10,980 11,717 12,138 1,777.8 11,062 10,450 9,960 9,864 9,468 9,602 8,622 1,191.5 8,003 1,218.8 7,632 7,200 6,435 6,238 5,173 4,369 0 3,527 0 2,523 2,523 1,927.9 1,927.9
Non-Current Liabilities
Long-Term Debt 4,526.0 3,499.2 3,534.8 3,559 3,568 3,572 3,481 5,674 5,647 5,636 5,712 5,747 5,463 5,536 5,641 796.3 5,041 5,062 5,148 5,126 5,213 5,175 5,399 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 585.8 504.3 679.1 616 227 198 234 267 174 239 206 147 193 211 219 37.3 254 271 253 282 207 265 235 33.4 242 42.6 0 0 0 354 379 423 0 304 0 0 0 0 0
Other Non-Current Liabilities 423.4 379.2 365.1 345 0 0 0 0 0 0 0 0 1 0 6 9.3 115 125 133 141 194 204 224 33.6 111 9.8 588 587 683 201 20 18 0 0 0 0 0 0 0
Total Non-Current Liabilities 6,077.2 4,886.1 5,086.1 5,002 4,255 4,168 4,113 6,347 6,234 6,320 6,375 6,313 6,070 6,165 6,323 915.9 5,714 5,749 5,817 5,833 5,894 5,940 6,002 86.8 499 73.2 674 668 742 595 399 441 0 325 0 0 0 0 0
Total Liabilities 22,636.1 19,484.4 19,437.2 21,498 22,885 20,718 19,384 19,526 18,421 18,334 17,788 17,754 17,050 17,882 18,461 2,693.6 16,776 16,199 15,777 15,697 15,362 15,542 14,624 1,278.3 8,502 1,292.0 8,306 7,868 7,177 6,833 5,572 4,810 0 3,852 0 2,523 2,523 1,927.9 1,927.9
Stockholders' Equity
Common Stock 2.0 2.0 2 2 2 2 2 2 2 2 2 2 2 2 2 0.3 2 2 2 2 2 2 2 0.3 2 0.3 2 2 2 2 2 2 0 2 0 2 2 0.6 0.6
Retained Earnings 28,540.0 29,399.7 27,193.9 25,036 22,642 20,051 18,106 16,520 18,391 16,969 15,666 14,498 13,200 12,052 10,970 2,339.2 14,803 14,194 13,660 12,864 12,037 11,111 9,965 1,248.6 7,894 1,005.9 5,980 4,954 4,027 3,040 3,936 2,972 0 1,227 0 (40) (40) (974.5) (974.5)
Accumulated Other Comprehensive Income 17,091.9 0 27,129.9 30,861 22,966 19,845 16,727 15,464 11,887 9,658 8,507 8,787 7,646 6,140 5,404 3.3 1,290 3,726 3,594 4,734 4,929 6,300 4,681 824.3 1,578 314.0 1,277 1,822 1,481 903 2,766 1,793 26,141 997 20,625 600 600 45.4 45.4
Total Stockholders' Equity 74,062.4 80,338.1 82,751 83,878 73,237 67,863 63,485 61,209 59,316 55,907 53,934 53,577 50,980 48,099 47,224 7,056.5 48,432 50,317 49,953 51,775 52,211 52,245 49,341 6,957.1 43,867 6,257.8 41,540 40,925 39,305 37,721 34,079 31,115 26,148 26,141 20,634 20,625 20,625 2,491.1 2,491.1
Total Liabilities & Equity 99,478.1 102,587.3 104,866 107,873 98,084 90,444 84,613 82,405 79,176 75,536 72,956 72,466 69,113 67,009 66,755 9,905.1 65,997 67,254 66,392 68,055 68,105 68,273 64,069 8,249.7 52,456 7,562.5 49,941 48,892 46,530 44,605 39,695 35,947 26,148 30,000 20,634 23,157 23,157 4,425.5 4,425.5
Debt Metrics
Total Debt 4,823.9 3,815.4 3,865 6,042 6,075 6,051 5,924 6,029 6,001 6,048 6,145 6,123 5,862 5,965 6,089 866.0 5,326 5,359 5,452 5,443 5,525 5,496 5,534 19.2 132 21.1 143 140 93 143 0 0 0 0 0 0 0 0 0
Net Debt (13,538.2) (4,675.0) (7,390) (4,957) (5,947) (7,113) (4,285) (6,222) (4,217) (7,519) (6,236) (6,827) (6,267) (3,590) (2,493) (634.4) (3,027) (1,232) 374 (1,379) (4,749) (5,632) (4,107) (1,645.4) (12,134) (2,193.5) (19,893) (19,210) (14,611) (17,213) (11,529) (9,529) 5,174 (5,174) 3,332 (3,071) (3,071) (674.5) (674.5)
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
Operating Activities
Net Income 2,172.6 2,153 2,409 0 1,957 1,583 1,682 1,422 1,306 1,168 1,298 1,148 1,151 1,061 856 609 536 740 128.1 1,106 1,197 163.6 939 127.1 1,042 1,026 927 987 (876) 964 904 841 536 394 198 198 113.7 113.7 (72.7) (72.7)
Depreciation & Amortization 1,069.0 0 0 0 978 0 0 0 1,004 0 0 0 1,160 0 0 0 1,001 0 18.6 220 824 14.7 233 12.6 583 0 362 0 34 75 0 0 (31) 81 106.5 106.5 65.9 65.9 24.6 24.6
Stock-Based Compensation 0 211 147 0 71 168 164 193 117 185 166 202 167 226 226 204 201 202 0 151 140 0 139 0 137 129 119 134 1,661 110 103 132 144 58 91 91 (51.6) (51.6) 136.6 136.6
Change in Working Capital 0 0 0 0 (289) 0 0 0 734 0 0 0 1,558 0 0 0 (58) 0 0 445 (1,141) 0 0 0 265 0 0 0 606 0 0 0 451 0 0 0 40.4 40.4 4.6 4.6
Other Non-Cash Items (902.8) 1,319 (918) 2,519 (237) 414 1,098 1,071 (1,184) 88 603 502 (1,542) (35) 159 1,681 (858) 653 (0.2) (44) 844 (102.7) 128 13.0 6 326 962 (61) 2,808 680 1,078 (767) (789) 429 569.5 569.5 128.8 128.8 46.2 46.2
Operating Cash Flow 2,338.8 3,683 1,638 2,519 2,480 2,165 2,944 2,686 1,977 1,441 2,067 1,852 2,494 1,252 1,241 2,494 822 1,595 146.4 1,878 1,864 75.6 1,439 152.7 2,033 1,352 1,889 926 1,932 1,644 1,982 74 (253) 823 965 965 297.2 297.2 139.3 139.3
Investing Activities
Capital Expenditure (2,338.8) 0 0 0 (319) 0 0 0 (165) 0 0 0 (85) 0 0 0 (159) 0 (146.4) (200) (108) (75.6) (65) (152.7) (95) 0 (25) 0 (132) 0 0 0 (27) (25) (12.5) (12.5) (10.5) (10.5) (10.0) (10.0)
Acquisitions 1.0 0 0 0 (34) 0 0 0 (9) 0 0 0 (165) 0 0 0 (2,078) 0 0 (2,071) (540) 0 (240) 0 (45) 0 (45) 0 (1,090) 0 0 0 15 20 (33.5) (33.5) 338 338 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (6,684) 0 0 0 0 0 0 0 0 0 0 0 0 2 869 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6,572 0 0 0 0 0 0 0 0 0 0 0 0 260 1 0 0 0 0 0 0
Other Investing Activities (4,135.3) (1,244) (633) (3,221) 1,677 (3,337) 693 (5,498) (19) (1,142) (1,339) 811 (858) (1,243) 1,234 (329) 3,233 (1,692) (452.2) (160) 505 (1,133.0) (1,767) (586.9) (6,432) (680) 2,559 (3,409) 272 333 (251) (322) (2) (26) (739) (739) 297.3 297.3 (366.8) (366.8)
Investing Cash Flow (4,991.8) (1,244) (633) (3,221) 1,324 (3,337) 693 (5,498) (193) (1,142) (1,339) 811 (1,108) (1,243) 1,234 (329) 996 (1,692) (452.2) (2,382) (143) (1,133.0) (2,072) (586.9) (6,572) (680) 2,559 (3,409) (950) 333 (251) (322) 248 839 (785) (785) 624.8 624.8 (376.8) (376.8)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (44) 0 0 0 0 (23) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased (651.6) 0 0 0 (2,142) 0 0 0 (1,349) 0 0 0 (3,145) 0 (967) 0 (3,584) 0 0 (327) (180) 0 (152) 0 (31) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 (1,508) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (19) 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 627.0 (2,122) (2,056) (456) 2,835 (882) (1,611) (522) 773 (849) (33) (80) 2,762 (1,668) 38 (395) 3,298 (1,651) (216.7) (22) 199 775.8 127 (18.8) (42) 37 (11) 16 4,905 0 0 2,855 1 78 10 10 541.4 541.4 314.6 314.6
Financing Cash Flow (24.6) (2,122) (2,056) (456) (815) (882) (1,611) (522) (576) (849) (33) (80) (383) (1,668) (973) (395) (286) (1,651) (216.7) (372) 19 775.8 (25) (18.8) (73) 37 (11) 16 4,886 0 0 2,855 1 78 10 10 541.4 541.4 314.6 314.6
Cash Position
Net Change in Cash (2,580.3) 256 (1,023) (1,142) 2,955 (2,042) 2,033 (3,349) 1,186 (569) 821 2,574 973 (1,462) 1,691 1,762 1,513 (1,744) (511.6) (854) 1,487 (249.1) (490) (485.3) (4,610) 686 4,646 (2,652) 5,827 2,000 1,769 2,586 (10) 1,736 188.5 188.5 1,447.3 1,447.3 88.2 88.2
Cash at Beginning 11,070.8 10,999 12,022 13,164 10,209 12,251 10,218 13,567 12,381 12,950 12,129 9,555 8,582 10,044 8,353 6,591 5,078 6,822 1,567.4 11,128 9,641 1,664.7 12,266 2,214.6 20,036 19,350 14,704 17,356 11,529 9,529 7,760 5,174 5,184 3,448 3,259.5 0 0 0 0 0
Cash at End 8,490.4 11,255 10,999 12,022 13,164 10,209 12,251 10,218 13,567 12,381 12,950 12,129 9,555 8,582 10,044 8,353 6,591 5,078 1,055.8 10,274 11,128 1,415.6 11,776 1,729.3 15,426 20,036 19,350 14,704 17,356 11,529 9,529 7,760 5,174 5,184 3,448 188.5 1,447.3 1,447.3 88.2 88.2
Free Cash Flow 0 3,683 1,638 2,519 2,161 2,165 2,944 2,686 1,812 1,441 2,067 1,852 2,409 1,252 1,241 2,494 663 1,595 0 1,678 1,756 0 1,374 0 1,938 1,352 1,864 926 1,800 1,644 1,982 74 (280) 798 952.5 952.5 286.7 286.7 129.3 129.3
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
Income Statement
Revenue 7,847.3 7,744.6 8,463 8,442 7,356 7,458 7,015 7,160 6,768 6,893 6,569 7,286 7,004 7,425 7,365 1,044.2 6,644 7,607 7,805 8,008 7,824 8,335 7,575 977.9 6,311 7,293 6,507 5,898 5,736 5,397 4,969 4,503 4,116 3,586 2,910 2,242.5 2,242.5 1,219.1 1,219.1 961.4 961.4
Gross Profit 3,524.6 7,569.1 3,682 3,749 3,242 3,253 2,991 3,010 2,771 2,641 2,342 2,497 2,315 2,447 2,403 312.0 1,860 2,192 2,309 2,437 2,466 2,697 2,458 306.1 1,977 2,488 2,211 1,941 2,033 1,836 1,963 1,795 1,683 1,394 1,034 691 691 325.3 325.3 290.7 290.7
Operating Income 2,320.9 2,617.9 2,710 2,978 4,836 2,409 2,144 2,198 1,959 1,714 1,425 1,539 1,381 1,388 1,261 97.7 749 682 919 1,035 1,164 1,296 1,260 122.3 1,047 1,202 1,188 1,085 1,147 (970) 1,062 1,014 933 650 464 209.5 209.5 118.0 118.0 (71.0) (71.0)
Net Income 2,078.4 1,901.8 2,153 2,409 4,291 1,957 1,583 1,682 1,422 1,306 1,168 1,298 1,148 1,151 1,061 129.4 609 536 740 827 926 1,197 1,132 132.5 887 1,042 1,026 927 987 (876) 964 904 841 536 394 198 198 113.7 113.7 (72.7) (72.7)
EPS (Diluted) 1.34 1.20 1.38 1.56 2.78 1.26 1.00 1.08 0.92 0.84 0.74 0.82 0.72 0.72 0.66 0.53 0.37 0.32 0.44 0.48 0.54 0.72 0.68 0.56 0.52 0.62 0.62 0.56 0.58 -0.56 0.59 0.56 0.52 0.33 0.24 0.15 0.15 0.08 0.08 -0.06 -0.06
Balance Sheet
Cash & Equivalents 18,362.2 8,490.4 11,255 10,999 12,022 13,164 10,209 12,251 10,218 13,567 12,381 12,950 12,129 9,555 8,582 1,500.4 8,353 6,591 5,078 6,822 10,274 11,128 9,641 1,664.7 12,266 2,214.6 20,036 19,350 14,704 17,356 11,529 9,529 (5,174) 5,174 (3,332) 3,071 3,071 674.5 674.5
Total Assets 99,478.1 102,587.3 104,866 107,873 98,084 90,444 84,613 82,405 79,176 75,536 72,956 72,466 69,113 67,009 66,755 9,905.1 65,997 67,254 66,392 68,055 68,105 68,273 64,069 8,249.7 52,456 7,562.5 49,941 48,892 46,530 44,605 39,695 35,947 0 30,000 0 23,535 23,535 4,465.1 4,465.1
Total Debt 4,823.9 3,815.4 3,865 6,042 6,075 6,051 5,924 6,029 6,001 6,048 6,145 6,123 5,862 5,965 6,089 866.0 5,326 5,359 5,452 5,443 5,525 5,496 5,534 19.2 132 21.1 143 140 93 143 0 0 0 0 0 0 0 0 0
Stockholders' Equity 74,062.4 80,338.1 82,751 83,878 73,237 67,863 63,485 61,209 59,316 55,907 53,934 53,577 50,980 48,099 47,224 7,056.5 48,432 50,317 49,953 51,775 52,211 52,245 49,341 6,957.1 43,867 6,257.8 41,540 40,925 39,305 37,721 34,079 31,115 26,148 26,141 20,634 20,625 20,625 2,491.1 2,491.1
Cash Flow
Operating Cash Flow 2,338.8 3,683 1,638 2,519 2,480 2,165 2,944 2,686 1,977 1,441 2,067 1,852 2,494 1,252 1,241 2,494 822 1,595 146.4 1,878 1,864 75.6 1,439 152.7 2,033 1,352 1,889 926 1,932 1,644 1,982 74 (253) 823 965 965 297.2 297.2 139.3 139.3
Capital Expenditure (2,338.8) 0 0 0 (319) 0 0 0 (165) 0 0 0 (85) 0 0 0 (159) 0 (146.4) (200) (108) (75.6) (65) (152.7) (95) 0 (25) 0 (132) 0 0 0 (27) (25) (12.5) (12.5) (10.5) (10.5) (10.0) (10.0)
Free Cash Flow 0 3,683 1,638 2,519 2,161 2,165 2,944 2,686 1,812 1,441 2,067 1,852 2,409 1,252 1,241 2,494 663 1,595 0 1,678 1,756 0 1,374 0 1,938 1,352 1,864 926 1,800 1,644 1,982 74 (280) 798 952.5 952.5 286.7 286.7 129.3 129.3