United Airlines Holdings, Inc. logo UAL - United Airlines Holdings, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 31
HOLD 16
SELL 0
STRONG
SELL 0
| PRICE TARGET: $136.10 DETAILS
HIGH: $150.00
LOW: $112.00
MEDIAN: $135.50
CONSENSUS: $136.10
UPSIDE: 36.15%
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 14,608 15,397 15,225 15,236 13,212 14,695 14,843 14,986 12,539 13,626 14,484 14,178 11,429 12,400 12,877 12,112 7,566 8,192 7,750 5,471 3,221 3,412 2,489 1,475 7,979 10,888 11,380 11,402 9,589 10,491 11,003 10,777 9,032 9,438 9,899 10,008 8,426 9,052 9,913 9,396 8,195 9,036 10,306 9,914 8,608 9,313 10,563 10,329 8,696 9,329 10,228 10,001 8,721 8,702 9,909 9,939 8,602 8,928 10,171 9,809 8,202 8,433 5,394 5,161 4,241 4,193 4,433 4,018 3,691 4,547 5,565 5,371 4,711 5,030 5,527 5,213 4,373 6,044 5,176 5,113 4,465 4,386 4,655 4,423 3,915 3,988 4,305 4,189 3,909 3,614 3,109 3,467 3,793 2,949 4,658 4,424 4,793 4,905 5,109 4,546
Cost of Revenue 5,365 5,522 5,388 5,345 4,937 10,183 10,405 10,184 9,799 9,937 10,042 9,298 9,241 8,828 9,127 9,087 7,273 6,904 6,396 5,593 4,623 4,790 4,453 4,002 7,140 7,850 7,857 7,871 7,208 7,634 7,905 7,681 6,991 6,892 6,898 6,761 6,427 6,339 6,468 6,235 5,814 6,212 6,669 6,766 6,305 7,007 7,714 7,556 7,292 7,289 7,770 7,518 7,348 6,815 7,669 7,639 7,249 4,841 5,168 4,788 4,410 990 2,563 2,407 2,155 4,126 2,116 933 1,055 2,156 2,782 2,280 1,976 78 1,728 1,582 1,378 (4,115) 153 190 193 205 1,548 147 2,334 156 212 145 196 181 252 354 306 3,212 352 313 0 283 202 260
Gross Profit 9,243 9,875 9,837 9,891 8,275 4,512 4,438 4,802 2,740 3,689 4,442 4,880 2,188 3,572 3,750 3,025 293 1,288 1,354 (122) (1,402) (1,378) (1,964) (2,527) 839 3,038 3,523 3,531 2,381 2,857 3,098 3,096 2,041 2,546 3,001 3,247 1,999 2,713 3,445 3,161 2,381 2,824 3,637 3,148 2,303 2,306 2,849 2,773 1,404 2,040 2,458 2,483 1,373 1,887 2,240 2,300 1,353 4,087 5,003 5,021 3,792 7,443 2,831 2,754 2,086 67 2,317 3,085 2,636 2,391 2,783 3,091 2,735 4,952 3,799 3,631 2,995 10,159 5,023 4,923 4,272 4,181 3,107 4,276 1,581 3,832 4,093 4,044 3,713 3,433 2,857 3,113 3,487 (263) 4,306 4,111 4,793 4,622 4,907 4,286
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 7,879 571 555 487 496 551 574 626 480 571 516 487 403 434 482 393 226 235 218 139 85 80 53 31 295 417 432 442 360 396 427 393 342 328 352 362 307 316 345 339 303 316 366 348 312 334 375 346 318 338 377 347 328 6,825 2,639 345 337 2,243 2,652 2,543 2,156 2,409 1,333 1,340 1,162 (1,087) 1,099 1,810 1,710 1,941 2,100 2,219 2,009 1,433 2,024 517 1,948 (710) 1,864 1,049 201 0 1,804 0 1,230 0 0 0 0 (775) 0 (731) 0 (5,880) 268 0 0 0 0 0
Other Expenses 367 7,918 7,887 8,079 7,172 2,459 2,299 2,247 2,161 2,121 2,187 2,876 1,828 1,763 1,809 1,754 1,451 1,461 99 9 (106) 677 (402) (921) 1,516 1,760 1,618 1,617 1,526 1,809 1,484 1,558 1,437 1,489 1,486 1,425 1,360 1,392 1,476 1,762 1,429 1,427 1,372 1,355 1,250 1,347 1,283 1,521 1,435 1,467 1,573 1,366 1,309 516 (599) 1,380 1,287 1,550 1,551 1,670 1,525 2,906 980 973 848 1,228 1,130 1,168 1,208 1,262 1,174 3,566 1,167 3,583 1,119 2,577 1,139 10,898 475 3,614 4,242 4,363 1,138 4,228 529 4,402 4,173 4,037 3,924 3,567 3,288 4,108 3,972 623 4,775 4,502 4,956 4,663 4,302 4,034
Operating Expenses 8,246 8,489 8,442 8,566 7,668 3,010 2,873 2,873 2,641 2,692 2,703 3,363 2,231 2,197 2,291 2,147 1,677 1,696 317 148 (21) 757 (349) (890) 1,811 2,177 2,050 2,059 1,868 2,205 1,894 1,760 1,740 2,348 1,811 1,770 1,639 1,708 1,776 2,101 1,732 1,612 1,738 1,648 1,562 1,502 1,615 1,867 1,701 1,640 1,950 1,661 1,637 2,333 2,040 1,725 1,624 3,793 3,948 4,213 3,681 5,315 1,714 2,313 2,010 (603) 2,229 2,254 2,181 3,203 2,609 2,910 2,518 5,016 3,143 3,094 3,087 10,188 2,339 4,663 4,443 4,363 2,942 4,228 1,759 4,402 4,173 4,037 3,924 2,792 3,288 3,377 3,972 (5,257) 5,043 4,502 4,956 4,663 4,302 4,034
Operating Income
Operating Income 997 1,386 1,395 1,325 607 1,502 1,565 1,929 99 997 1,739 1,517 (43) 1,375 1,458 878 (1,384) (408) 1,037 (270) (1,381) (2,135) (1,615) (1,637) (972) 861 1,473 1,472 495 652 1,203 1,161 276 729 1,092 1,399 320 1,005 1,624 1,060 649 1,081 1,899 1,445 741 625 1,191 906 (349) 235 508 770 (264) (465) 200 575 (271) 45 935 808 34 (62) 541 441 76 (74) 88 107 (282) (812) (491) (2,694) (441) (64) 656 537 (92) (29) 335 260 (171) (182) 165 48 (250) (570) (80) 7 (211) (134) (431) (995) (485) (886) (469) (391) (163) (41) 605 252
Interest Expense 273 324 278 310 308 316 326 367 393 430 445 451 448 447 428 398 400 406 431 404 336 334 329 179 150 141 169 170 166 170 156 151 144 151 149 146 139 124 130 143 145 154 151 154 161 164 173 173 173 179 183 182 190 193 193 204 208 186 217 242 248 285 177 178 183 162 143 135 134 111 144 137 147 0 156 139 206 0 164 0 0 0 129 0 114 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 135 137 142 167 164 172 187 190 177 207 234 216 170 156 104 33 5 6 11 12 7 5 8 11 26 30 36 38 29 31 28 25 17 16 17 13 11 11 14 9 8 9 5 6 5 5 8 4 5 5 5 6 5 7 4 7 13 (19) 16 5 4 22 7 5 1 6 6 7 10 (4) 30 33 53 0 71 66 63 0 75 0 0 0 9 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,742 2,134 2,263 2,291 849 1,622 2,354 2,825 937 1,885 2,593 2,507 847 1,575 2,191 1,468 (741) 180 1,657 460 (792) (2,039) (1,377) (1,206) (1,349) 985 2,093 2,084 1,080 1,027 1,794 1,577 882 751 1,680 1,947 790 1,008 2,143 1,508 829 1,059 1,911 1,945 1,234 187 1,656 1,492 112 291 776 1,247 236 (54) 208 1,166 286 430 1,261 1,169 431 387 439 672 322 177 301 371 (45) (927) (413) (2,417) (187) (209) 966 833 189 85 561 478 45 54 (1,437) 253 (37) (357) 133 225 19 834 (431) (35) (485) 1,079 (201) (391) 895 (41) 605 252
EBIT 986 1,386 1,533 1,558 122 1,622 1,612 2,106 229 1,199 1,931 1,838 192 1,575 1,582 857 (1,351) (439) 1,035 (160) (1,415) (2,039) (2,003) (1,824) (1,964) 985 1,518 1,524 533 726 1,214 1,006 326 751 1,142 1,423 289 1,008 1,640 1,074 639 1,059 1,757 1,351 672 187 1,093 964 (433) 291 565 653 (236) (439) 208 544 (239) 40 877 784 43 (40) 564 449 101 (50) 81 149 (278) (1,189) (647) (2,633) (407) (385) 721 604 (31) (211) 335 260 (171) (182) (1,643) 48 (956) (570) (80) 7 (211) 641 (706) (264) (734) 833 (469) (643) 568 (294) 358 20
Income Before Tax 870 1,325 1,255 1,248 478 1,306 1,286 1,739 (164) 771 1,485 1,387 (256) 1,130 1,153 459 (1,752) (845) 603 (564) (1,751) (2,373) (2,332) (2,003) (2,114) 844 1,349 1,354 367 556 1,061 857 184 600 980 1,274 145 884 1,510 931 494 905 1,606 1,197 511 23 920 791 (606) 112 382 471 (426) (632) 15 340 (447) (146) 660 542 (211) (325) 386 271 (82) (212) (62) 14 (412) (1,300) (791) (2,770) (554) (98) 566 466 (237) 22,747 249 116 22,623 (16,900) (1,772) (1,434) (1,070) (746) (274) (247) (456) (476) (623) (1,144) (531) (483) (562) (489) (110) (172) 536 177
Income Tax Expense 172 281 306 275 91 322 321 416 (40) 172 348 312 (62) 287 211 130 (375) (199) 130 (130) (394) (476) (491) (376) (410) 203 325 302 75 94 225 173 37 20 343 456 49 487 545 343 181 82 (3,210) 4 3 (5) (4) 2 3 (28) 3 2 (9) (12) 9 1 1 (8) 7 4 2 (1) (1) (2) 0 29 (4) (14) (30) 5 2 (29) (5) (43) 232 192 (85) (39) 59 (3) (5) 4 0 (4) 0 (5) 0 0 3 0 0 326 (191) (177) (198) (185) (41) (63) 199 66
Net Income 699 1,044 949 973 387 984 965 1,323 (124) 599 1,137 1,075 (194) 843 942 329 (1,377) (646) 473 (434) (1,357) (1,897) (1,841) (1,627) (1,704) 641 1,024 1,052 292 462 833 683 145 580 645 821 99 397 965 588 313 823 4,816 1,193 508 28 924 789 (609) 140 379 469 (417) (620) 6 339 (448) (138) 653 538 (213) (325) 387 273 (82) (240) (57) 28 (382) (1,303) (792) (2,740) (549) (53) 334 274 (152) 22,790 190 119 22,628 (16,904) (1,772) (1,430) (1,070) (741) (274) (247) (459) (476) (623) (1,473) (341) (302) (365) (313) (71) (116) 336 (99)
Per Share Data
EPS (Basic) 2.14 3.19 2.93 3.00 1.18 3.00 2.93 4.02 -0.38 1.83 3.47 3.28 -0.59 2.58 2.88 1.01 -4.24 -1.99 1.46 -1.34 -4.29 -6.08 -6.33 -5.80 -6.89 2.55 4.01 4.03 1.09 1.71 3.07 2.51 0.53 2.02 2.15 2.68 0.31 1.26 3.02 1.78 0.88 2.24 12.83 3.14 1.33 0.08 2.50 2.12 -1.66 0.39 1.06 1.37 -1.26 -1.87 0.02 1.02 -1.36 -0.42 1.97 1.63 -0.65 -0.99 2.30 1.62 -0.49 -1.43 -0.39 0.19 -2.64 -9.00 -6.12 -21.47 -4.43 -0.45 2.82 2.31 -1.32 197.91 1.62 1.01 194.66 -145.47 -15.25 -12.33 -9.21 -6.39 -2.38 -2.25 -4.17 -4.33 -6.26 -15.53 -6.08 -5.67 -6.87 -5.97 -1.35 -2.30 3.08 -1.86
EPS (Diluted) 2.14 3.19 2.90 2.97 1.16 2.94 2.90 3.96 -0.38 1.81 3.42 3.24 -0.59 2.55 2.86 1.00 -4.24 -1.99 1.44 -1.34 -4.29 -6.08 -6.33 -5.79 -6.86 2.53 3.99 4.02 1.09 1.70 3.06 2.48 0.52 1.99 2.12 2.66 0.31 1.26 3.01 1.78 0.88 2.24 12.82 3.14 1.32 0.07 2.37 2.01 -1.66 0.37 0.98 1.21 -1.26 -1.87 0.02 0.89 -1.36 -0.42 1.69 1.39 -0.65 -0.99 1.75 1.29 -0.49 -1.43 -0.39 0.19 -2.64 -9.00 -6.12 -21.47 -4.43 -0.44 2.21 1.83 -1.32 197.91 1.30 0.93 194.66 -145.42 -15.25 -12.33 -9.21 -6.39 -2.38 -2.25 -4.17 -4.32 -6.26 -15.53 -3.11 -2.76 -3.33 -2.86 -0.65 -1.06 3.07 -0.90
Shares Outstanding 326.8 327 326.9 327.2 333 327.9 329 328.8 328.3 328.0 328 331.5 327.4 326.9 329.4 329 325 323.8 328.5 323.6 323.6 311.8 291 280.7 248.5 253.4 253.6 257.7 264.3 272.7 273.1 273.0 284.3 291.8 299.8 307.5 313.7 316 320 330.5 354 367 375 380 384 376 390.0 392.5 368 361 385.8 385.0 332 331 331 331 330 329 330 330 328 327.9 168 168 167.4 167.4 145.6 145.1 144.7 144.7 127.3 127.1 121.1 117.7 117.5 117.4 117 115.2 117.3 117.8 116.2 116.2 116.2 116.0 116.2 115.9 115.1 109.8 110.1 110.0 99.5 94.8 56.1 53.3 53.1 52.4 52.4 50.4 53.1 53.1
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 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 7,869 5,942 6,730 9,354 9,370 8,769 8,812 10,864 8,441 6,058 7,478 9,605 7,634 7,166 11,258 16,885 18,468 18,283 19,256 20,838 12,666 11,269 13,150 6,505 3,442 2,762 2,959 3,221 1,848 1,694 2,621 2,884 2,404 1,482 1,870 2,371 2,164 2,179 2,630 2,483 1,795 4,906 3,516 3,042 2,566 2,457 1,263 1,377 1,859 1,640 1,272 637 886 1,011 2,110 798 1,250 1,679 618 661 400 310 915 1,144 256 390 447 588 216 295 529 77 455 229 244 194 248 194 431 380 529 500 739 1,579 1,046 437 647 705 1,030
Short-Term Investments 6,298 6,298 6,599 6,262 5,960 5,706 5,352 4,384 5,591 8,330 9,608 9,533 9,522 9,248 7,437 3,190 211 123 166 230 309 414 552 958 1,779 2,182 2,167 2,223 2,219 2,256 2,314 2,187 2,071 2,316 2,458 2,278 2,215 2,249 2,226 2,202 2,177 0 0 0 0 0 2,899 11 11 78 295 285 388 612 633 482 547 665 556 503 393 379 483 231 383 425 447 439 502 550 594 522 502 468 0 526 643 949 1,198 1,566 1,176 1,032 1,124 1,042 1,020 0 0 0 0
Net Receivables 2,660 2,391 2,433 2,286 2,288 2,163 2,042 2,376 2,259 1,898 2,193 2,004 2,274 1,801 2,034 2,217 2,062 1,663 1,709 1,793 1,389 1,295 1,171 857 792 1,364 1,617 1,762 1,789 1,426 1,752 1,840 1,760 1,340 1,603 1,499 1,429 1,176 1,481 1,450 1,581 971 1,640 743 921 738 1,095 1,171 1,062 951 1,000 1,241 1,114 1,485 1,484 1,680 1,635 1,326 1,931 1,688 1,494 1,316 1,500 1,360 1,134 1,138 1,405 1,331 1,171 1,051 1,241 1,163 1,119 962 1,122 1,060 1,042 951 1,120 1,040 988 889 1,143 1,101 1,108 1,095 1,120 1,224 1,200
Inventory 1,718 1,556 1,588 1,547 1,601 1,572 1,639 1,680 1,675 1,561 1,513 1,290 1,196 1,109 1,116 1,153 1,068 983 955 912 918 932 961 955 1,070 1,072 1,065 996 972 985 1,011 942 924 924 937 882 900 873 842 798 759 280 188 472 228 228 230 222 207 264 273 294 310 323 318 390 450 424 374 361 327 340 343 275 294 384 364 425 377 355 349 350 326 369 351 321 230 298 304 307 294 285 278 283 266 278 290 302 319
Other Current Assets 847 670 744 809 929 673 726 30 40 31 392 38 173 45 61 43 41 37 254 254 254 255 76 0 0 0 0 0 0 0 0 0 0 (2) 0 0 0 0 0 0 0 379 436 484 355 812 418 877 713 701 684 504 462 344 226 0 0 225 208 221 215 222 534 547 566 256 528 565 585 244 511 512 592 227 972 554 641 236 483 401 420 151 369 388 463 1,903 1,563 1,524 1,412
Total Current Assets 19,392 16,857 18,094 20,258 20,148 18,883 18,571 20,003 18,696 18,487 21,912 23,306 21,586 20,058 22,689 24,371 22,612 21,834 23,057 24,673 16,019 14,800 16,476 10,041 7,905 8,194 8,533 8,910 7,608 7,094 8,671 8,881 8,287 7,113 7,877 8,248 7,724 7,309 7,970 7,844 7,224 6,983 6,520 5,105 4,754 4,857 6,966 4,089 4,279 4,024 3,778 3,194 3,379 4,060 5,644 4,465 4,540 4,779 4,066 3,826 3,322 2,935 3,775 3,557 2,633 2,908 3,191 3,348 2,851 2,948 3,224 2,624 2,994 2,682 2,689 2,655 2,804 3,043 3,536 3,694 3,407 3,192 3,653 4,393 3,903 3,713 3,620 3,755 3,961
Non-Current Assets
Property, Plant & Equipment 53,559 51,710 49,789 48,413 47,522 46,723 45,462 44,468 44,365 43,729 42,335 41,123 39,856 38,337 36,786 36,293 36,460 36,719 36,825 36,752 36,431 36,003 36,194 36,473 36,664 34,928 34,269 33,826 33,651 32,661 27,308 26,946 26,739 26,208 25,629 25,017 24,241 23,318 22,645 22,388 22,006 9,603 9,714 9,840 9,943 10,077 11,328 20,626 14,858 15,038 15,804 16,167 16,361 16,538 16,508 17,174 16,738 17,623 16,112 15,479 15,191 16,155 14,496 14,247 13,749 13,054 12,849 12,109 11,629 10,774 10,233 9,595 8,627 9,409 6,717 7,240 7,129 7,021 6,847 6,602 6,628 6,723 6,729 6,943 7,049 7,206 7,421 7,362 7,436
Goodwill 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,527 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 4,523 0 0 0 0 0 2,695 0 0 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,650 2,655 2,662 2,669 2,676 2,683 2,691 2,699 2,717 2,725 2,735 2,744 2,753 2,762 2,772 2,782 2,792 2,803 2,815 2,827 2,840 2,838 2,852 2,852 2,945 3,009 3,114 3,129 3,144 3,159 3,382 3,399 3,521 3,539 3,558 3,592 3,612 3,632 3,654 3,677 4,112 2,416 2,439 2,455 2,507 2,564 2,912 1,171 1,062 399 1,000 1,241 1,114 1,485 1,484 1,680 0 1,326 1,931 1,688 1,494 1,316 538 669 672 1,138 691 695 699 1,051 507 512 517 962 727 738 750 951 772 787 799 889 849 833 0 866 859 874 887
Long-Term Investments 1,561 1,330 1,242 1,295 1,239 1,267 1,209 220 244 348 1,404 1,403 1,311 1,373 1,285 1,297 1,401 1,420 1,336 1,407 1,107 1,000 824 798 763 1,180 1,125 1,139 1,098 966 848 848 853 806 882 0 0 579 0 0 0 (440) (444) 88 79 77 194 50 50 53 49 215 240 115 464 646 468 435 293 379 431 750 0 0 0 304 0 0 0 223 0 0 0 103 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets (748) (631) (1) 0 0 0 180 386 1,353 1,288 240 105 225 210 208 204 214 213 215 216 218 249 330 214 255 801 635 623 615 621 105 94 95 137 96 800 747 124 672 652 708 595 740 1,196 1,020 830 465 (7,808) 1,963 2,458 2,647 2,878 3,264 3,063 1,867 1,974 1,733 847 2,030 2,111 2,145 555 2,400 2,571 2,017 1,617 2,169 2,117 1,889 816 1,422 1,194 1,212 (173) 2,149 900 889 576 915 1,019 987 555 1,081 1,087 1,937 1,055 1,053 1,125 1,004
Total Non-Current Assets 61,549 59,591 58,219 56,904 55,964 55,200 54,069 53,251 53,206 52,617 51,241 50,035 48,831 47,300 46,279 46,010 46,426 46,341 46,237 46,376 45,643 44,748 44,713 44,860 45,150 44,417 43,666 43,240 43,031 41,930 36,166 35,810 35,731 35,213 34,688 34,059 33,721 32,831 32,357 32,632 33,149 13,151 13,432 13,579 14,052 14,244 18,642 17,476 17,569 17,955 19,172 19,927 20,277 20,130 19,960 20,449 20,180 19,576 19,007 18,549 18,330 18,028 17,434 17,487 16,438 15,651 15,709 14,921 14,217 12,516 12,162 11,301 10,356 9,995 9,593 8,878 8,768 8,598 8,534 8,408 8,414 8,572 8,659 8,863 8,986 9,127 9,333 9,361 9,327
Total Assets 80,941 76,448 76,313 77,163 76,111 74,083 72,640 73,254 71,902 71,104 73,153 73,341 70,417 67,358 68,968 70,381 69,038 68,175 69,294 71,049 61,662 59,548 61,189 54,901 53,055 52,611 52,199 52,150 50,639 49,024 44,837 44,691 44,018 42,346 42,565 42,307 41,445 40,140 40,327 40,476 40,373 20,134 19,952 18,684 18,806 19,101 25,608 21,565 21,848 21,979 22,950 23,121 23,656 24,190 25,604 24,914 24,720 24,355 23,073 22,375 21,652 20,963 21,209 21,044 19,071 18,559 18,900 18,269 17,068 15,803 15,386 13,925 13,350 12,677 12,282 11,533 11,572 11,641 12,070 12,102 11,821 11,764 12,312 13,256 12,889 12,840 12,953 13,116 13,288
Current Liabilities
Account Payables 5,377 4,567 4,636 4,920 4,694 4,193 4,008 4,478 4,344 3,835 4,206 4,172 3,858 3,395 3,534 3,755 2,966 2,562 2,199 2,218 1,838 1,595 1,831 1,725 2,436 2,703 2,848 3,033 2,707 2,363 2,581 2,703 2,399 2,196 2,231 2,225 2,135 2,139 2,138 2,240 2,065 926 887 803 791 784 830 572 517 501 471 420 284 617 1,360 1,238 1,276 1,188 1,201 1,150 1,026 967 1,015 1,054 1,018 1,151 1,233 1,119 1,025 1,030 1,066 884 837 994 823 742 666 696 719 628 596 651 644 597 613 599 666 657 627
Short-Term Debt 3,001 4,330 4,621 6,194 3,265 3,453 3,279 4,757 3,958 4,247 3,649 3,580 3,206 2,911 2,955 3,012 2,994 3,002 2,269 1,881 1,783 1,911 4,584 4,454 4,055 1,407 1,243 1,255 1,201 1,230 910 887 1,655 1,565 1,516 1,436 716 849 969 1,272 1,295 1,415 579 545 846 818 654 460 630 663 240 60 0 1,331 969 930 417 170 360 314 382 153 260 277 458 282 325 485 457 235 469 460 343 165 198 223 433 90 305 396 472 653 489 490 269 521 431 477 1,140
Deferred Revenue 3,832 11,852 12,980 13,216 13,950 10,964 11,791 3,252 3,086 3,095 11,361 12,943 12,990 2,693 11,389 12,521 11,420 8,593 8,492 9,059 6,753 5,741 5,679 5,790 6,664 7,259 8,052 8,561 8,394 2,286 7,468 2,206 2,221 2,176 1,992 2,069 2,120 2,135 2,168 7,455 7,056 4,045 3,837 3,007 3,269 3,139 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 15,571 757 764 910 989 948 838 10,259 10,511 7,510 856 861 926 8,357 1,652 1,592 1,798 1,394 1,083 1,951 724 724 944 2,066 538 566 574 604 601 4,934 585 6,397 6,147 4,445 5,240 5,939 6,009 4,740 5,572 918 1,028 906 1,026 991 1,208 1,433 5,071 3,280 3,060 1,330 2,671 2,409 1,021 3,710 4,204 4,294 4,051 1,454 5,665 5,325 4,926 1,412 4,675 4,670 4,276 1,429 4,350 4,253 4,039 1,267 4,454 4,059 4,130 1,189 3,918 4,017 3,800 1,100 3,897 3,947 3,842 1,020 4,283 4,210 4,106 3,776 4,065 4,176 3,899
Total Current Liabilities 27,781 26,133 27,119 28,992 25,798 23,314 23,365 25,855 24,764 22,203 24,756 25,575 23,635 19,992 21,989 23,444 21,788 18,304 16,935 18,064 14,167 12,725 15,791 16,395 16,087 14,938 15,691 16,078 15,335 13,839 13,684 14,092 14,183 12,676 13,087 13,596 12,662 12,286 13,253 13,982 13,380 8,573 7,539 6,473 7,100 7,205 7,859 6,240 6,314 6,112 4,658 4,296 3,991 7,160 8,474 8,122 7,341 6,781 7,226 6,789 6,334 5,411 5,950 6,001 5,752 5,668 5,908 5,857 5,521 5,248 5,989 5,403 5,310 5,003 4,939 4,982 4,899 4,433 4,921 4,971 4,910 4,906 5,416 5,297 4,988 4,896 5,162 5,310 5,666
Non-Current Liabilities
Long-Term Debt 21,940 20,562 26,138 20,885 24,398 25,203 22,207 21,687 23,059 27,413 25,932 26,713 27,460 28,283 28,490 29,175 29,665 30,361 31,520 32,303 25,849 24,836 22,297 14,318 13,198 13,145 12,900 12,938 12,734 12,215 12,218 12,460 12,166 11,703 11,334 10,668 11,178 9,918 9,612 9,275 9,472 6,281 7,153 6,378 5,604 5,736 7,027 172 (4,683) 0 524 732 700 7,098 6,240 4,521 4,860 4,688 3,022 2,554 2,634 2,650 5,067 5,067 5,109 2,858 4,767 4,635 4,531 2,092 3,076 3,007 3,095 1,661 3,244 3,053 3,370 2,919 4,009 3,992 3,592 2,887 4,070 3,437 3,470 3,529 3,493 3,478 3,306
Deferred Tax Liabilities 2,617 2,463 2,206 1,919 1,624 1,580 1,224 951 545 594 472 133 0 0 0 0 0 0 0 0 0 0 389 804 1,322 1,736 1,594 1,192 898 814 639 419 250 225 253 0 0 0 0 0 0 537 539 551 582 696 1,048 302 293 285 264 257 249 1,592 199 1,123 1,217 1,241 99 126 214 1,147 0 0 0 398 0 0 0 79 0 0 0 632 0 0 0 640 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 2,595 2,535 (2,849) 2,713 2,801 2,763 5,829 3,050 3,063 3,019 4,469 4,280 3,952 3,631 4,740 4,691 4,707 5,067 5,907 6,522 6,357 5,750 5,425 4,608 3,468 3,259 2,904 3,623 3,739 3,895 4,999 5,259 5,348 5,360 5,160 5,446 5,514 5,277 4,954 8,695 8,956 3,014 3,033 3,022 2,960 2,926 3,834 16,635 16,776 21,335 17,380 17,092 16,787 4,438 4,683 3,504 3,291 3,282 4,493 4,406 4,184 3,281 (5,067) (5,067) (5,109) 3,061 (4,767) (4,635) (4,531) 3,158 (3,076) (3,007) (3,095) 1,879 (3,244) (3,053) (3,370) 1,621 (4,009) (3,992) (3,592) 2,145 (4,070) (3,437) 3,334 (3,529) (3,493) (3,478) (3,306)
Total Non-Current Liabilities 37,284 35,034 34,886 34,797 37,697 38,094 37,838 36,873 37,950 39,577 39,544 40,061 40,114 40,470 42,081 42,973 43,626 44,842 46,928 48,081 42,289 40,863 38,395 29,989 27,550 26,142 25,207 25,752 25,502 25,143 21,684 21,960 21,499 20,849 20,508 19,857 20,334 19,195 18,635 18,710 19,153 14,317 15,300 15,022 14,335 14,551 15,109 21,949 21,910 21,783 23,701 22,648 22,148 15,727 14,023 12,076 12,413 12,384 10,703 10,237 10,257 10,401 0 0 0 9,610 0 0 0 8,218 0 0 0 6,648 0 0 0 7,388 0 0 0 7,125 0 0 6,804 0 0 0 0
Total Liabilities 65,065 61,167 62,004 63,789 63,495 61,408 61,203 62,728 62,714 61,780 64,300 65,636 63,749 60,462 64,070 66,417 65,414 63,146 63,863 66,145 56,456 53,588 54,186 46,384 43,637 41,080 40,898 41,830 40,837 38,982 35,368 36,052 35,682 33,612 33,595 33,453 32,996 31,481 31,888 32,692 32,533 22,890 22,839 21,495 21,435 21,756 22,968 28,189 28,224 27,895 28,359 26,944 26,139 22,887 22,497 20,198 19,754 19,165 17,929 17,026 16,591 15,812 15,136 15,367 14,742 15,278 14,782 14,496 13,801 13,466 12,645 11,869 11,764 11,651 11,403 11,050 11,461 11,821 12,157 12,570 11,999 12,031 12,593 12,070 11,792 11,602 11,614 11,959 12,151
Stockholders' Equity
Common Stock 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 4 4 4 2 2 0 2 2 1 1 1 1 1 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 128 128 0 0 0 0
Retained Earnings 10,730 10,092 9,049 8,110 7,137 6,880 5,896 4,986 3,664 3,831 3,232 2,095 1,020 1,265 421 (515) (844) 625 1,271 804 1,239 2,626 4,524 6,365 7,991 9,716 9,075 8,050 6,999 6,715 6,203 5,367 4,684 4,621 4,991 4,354 3,536 3,427 5,323 4,358 3,770 (5,765) (6,038) (5,956) (5,662) (5,690) 467 (6,931) (6,684) (11,277) (5,383) (4,760) (3,417) (1,946) 111 1,273 1,647 1,998 2,107 2,262 2,000 2,138 2,040 1,713 1,075 1,028 1,000 601 344 309 305 (255) (478) (566) (572) (898) (1,078) (1,039) (981) (1,211) (1,348) (1,335) (1,326) 207 969 249 332 332 332
Accumulated Other Comprehensive Income 23 48 123 142 164 188 (109) (97) (81) (62) 91 103 161 175 (964) (944) (937) (942) (1,124) (1,114) (1,126) (1,139) (1,009) (1,259) (771) (718) (504) (807) (793) (803) (1,089) (1,102) (1,114) (1,147) (824) (844) (836) (829) (798) (734) (777) (109) 40 0 89 91 65 (3,290) (3,289) (3,288) (3,623) (2,659) (2,663) (335) (181) 272 152 152 120 182 257 352 0 0 0 (2) (5,772) (5,781) (5,714) (5,741) (5,855) (6,154) (6,079) (5,963) (5,335) (5,825) (5,726) (76) (5,554) (5,436) (5,357) (16) (5,178) 0 (5,177) 0 0 0 0
Total Stockholders' Equity 15,876 15,282 14,309 13,374 12,616 12,675 11,437 10,526 9,188 9,324 8,853 7,705 6,668 6,896 4,898 3,964 3,624 5,029 5,431 4,904 5,206 5,960 7,003 8,517 9,418 11,531 11,301 10,320 9,802 10,042 9,469 8,639 8,336 8,806 8,970 8,854 8,449 8,659 8,439 7,784 7,840 (2,756) (2,887) 1,228 (2,629) (2,655) 2,640 (6,624) (6,376) (5,916) (5,409) (3,823) (2,483) 1,303 3,107 4,716 4,966 5,190 5,144 5,349 5,061 5,151 5,973 5,577 4,229 3,281 4,017 3,672 3,166 2,337 2,639 1,914 1,448 995 848 455 48 (239) (144) (522) (229) (316) (328) 1,143 1,097 1,203 1,302 1,157 1,137
Total Liabilities & Equity 80,941 76,448 76,313 77,163 76,111 74,083 72,640 73,254 71,902 71,104 73,153 73,341 70,417 67,358 68,968 70,381 69,038 68,175 69,294 71,049 61,662 59,548 61,189 54,901 53,055 52,611 52,199 52,150 50,639 49,024 44,837 44,691 44,018 42,346 42,565 42,307 41,445 40,140 40,327 40,476 40,373 20,134 19,952 18,684 18,806 19,101 25,608 21,565 21,848 21,979 22,950 23,121 23,656 24,190 25,604 24,914 24,720 24,355 23,073 22,375 21,652 20,963 21,209 21,044 19,071 18,559 18,900 18,269 17,068 15,803 15,386 13,925 13,350 12,677 12,282 11,533 11,572 11,641 12,070 12,102 11,821 11,764 12,312 13,256 12,889 12,840 12,953 13,116 13,288
Debt Metrics
Total Debt 30,971 31,036 36,653 32,786 32,925 33,633 30,585 34,254 34,844 36,739 35,014 35,841 36,025 36,433 36,978 38,010 38,614 39,366 39,887 40,081 33,659 32,751 32,861 24,892 23,429 20,450 20,140 20,183 20,088 19,787 14,380 14,503 14,964 14,392 13,943 13,163 12,843 11,705 11,457 11,415 11,606 9,174 9,304 8,543 7,812 7,948 9,129 786 788 852 764 792 700 10,273 9,260 7,512 7,434 7,388 5,541 5,070 5,273 5,330 5,327 5,344 5,567 5,429 5,092 5,120 4,988 4,177 3,545 3,467 3,438 3,283 3,442 3,276 3,803 4,102 4,314 4,388 4,064 4,346 4,559 3,927 3,739 4,050 3,924 3,955 4,446
Net Debt 23,102 25,094 29,923 23,432 23,555 24,864 21,773 23,390 26,403 30,681 27,536 26,236 28,391 29,267 25,720 21,125 20,146 21,083 20,631 19,243 20,993 21,482 19,711 18,387 19,987 17,688 17,181 16,962 18,240 18,093 11,759 11,619 12,560 12,910 12,073 10,792 10,679 9,526 8,827 8,932 9,811 4,268 5,788 5,501 5,246 5,491 7,866 (591) (1,071) (788) (508) 155 (186) 9,262 7,150 6,714 6,184 5,709 4,923 4,409 4,873 5,020 4,412 4,200 5,311 5,039 4,645 4,532 4,772 3,882 3,016 3,390 2,983 3,054 3,198 3,082 3,555 3,908 3,883 4,008 3,535 3,846 3,820 2,348 2,693 3,613 3,277 3,250 3,416
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 699 0 0 0 0 0 0 1,323 (124) 600 1,137 1,075 (194) 843 942 329 (1,377) (646) 473 (434) (1,357) (1,897) (1,841) (1,627) (1,704) 641 1,024 1,052 292 0 833 683 147 579 637 818 96 397 965 588 313 0 0 (302) (247) 0 (476) 0 0 0 (1,473) (889) 0 0 (302) 0 (365) (71) (116) 336 (99) 129 359 672 78 53 425 282 61 32 579 242 105 20 347 227 6 (19) 243 151 3 (15) 82 55 (34) (65) 149 23 (138)
Depreciation & Amortization 0 0 0 0 0 0 0 719 708 684 663 669 655 458 610 611 611 619 623 620 623 457 626 618 615 471 575 560 547 0 545 538 524 539 556 536 518 504 503 491 479 206 205 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,504 (213) (213) (211) 1,375 (199) (192) (191) 1,257 (183) (174) (176) 1,347 (216) (183) (189) 1,243 (182) (174) (163) 1,179 (184) 177 0 (107) (190) (191) (193)
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 238 0 0 0 25 41 24 18 30 0 0 0 0 0 0 0 0 0 0 0 70 0 3 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 568 0 0 0 475 0 0 0 (158) 0 0 0 0 0 0 0 593 0 0 0 44 0 0 0 (10) 0 0 0 (2,059) 0 0 0 0 0 0 0 478 (454) 223 101 95 236 216 256 24 0 0 0 0 0 0 0 0 0 0 0 (721) (3) (5) 423 (1,427) 443 487 574 (1,124) 156 383 399 (617) 361 256 179 (548) (203) 371 288 (727) (75) (27.2) (29) 0 0 0 0
Other Non-Cash Items 4,100 1,286 1,218 2,217 3,710 1,656 1,498 834 2,263 (2,669) (920) 2,055 2,681 (233) (811) 1,751 2,242 103 (1,882) 2,489 1,181 (1,355) (715) 855 1,134 (887) (496) 1,098 1,076 624 (495) 1,222 1,038 1,669 (616) 207 (67) (1,961) (330) 1,465 397 (826) 807 339 208 281 305 70 582 (212) 1,026 192 90 (85) (432) 183 544 19 538 884 981 (652) 426 426 422 339 398 384 382 5 366 348 352 (261) 432 366 378 (424) 364 348 326 (282) 368 466.2 380 156 229 600 585
Operating Cash Flow 4,799 1,286 1,218 2,217 3,710 2,224 1,498 2,876 2,847 (910) 880 3,799 3,142 1,158 741 2,691 1,476 (269) (786) 2,675 447 (2,177) (1,889) (130) 63 1,181 1,103 2,710 1,915 1,101 883 2,443 1,709 728 577 1,561 547 658 1,138 2,547 1,199 (142) 558 260 62 376 65 286 838 (188) (447) (697) 90 (85) (734) 183 179 (52) 422 1,220 882 260 569 880 712 340 1,067 961 826 170 918 799 680 489 924 666 374 252 222 696 454 155 191 671 317 (16) 188 432 254
Investing Activities
Capital Expenditure (1,672) (1,890) (1,464) (1,287) (1,233) (1,675) (1,410) (1,164) (1,366) (2,066) (1,842) (1,420) (1,843) (2,539) (1,328) (550) (402) (536) (266) (861) (444) (97) 368 (39) (1,959) (1,192) (869) (858) (1,609) (1,585) (825) (727) (944) (1,098) (1,120) (1,089) (691) (880) (689) (838) (816) (155) (84) (13) (90) (60) 0 0 0 (36) 0 0 0 (29) 0 0 0 0 0 0 0 (631) (452) (648) (658) (442) (810) (687) (893) (642) (679) (1,183) (308) (437) (729) (305) (67) 0 (412) (248) (82) (212) (237) (112) (75) (168) (468) (371) (489)
Acquisitions 0 0 0 0 0 0 0 0 0 19 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (9) 0 (27) 0 0 (139) 0 0 0 0 0 4 0 32 (40) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (2,356) (1,309) (1,732) (2,476) (2,246) (1,752) (2,303) (888) (866) (595) (1,999) (2,683) (4,193) (2,848) (5,082) (3,146) (156) (21) (47) 0 0 0 (2) (9) (541) (729) (734) (719) (724) (577) (649) (730) (596) (657) (997) (813) (774) (779) (716) 0 (638) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (109) 0 0 0 0 0 0 0 0 0 0 0 0 (72) (20) (34) 0 0 0 0 0 368 (390) (145) 0 0 0 0 (141) (47) (194) (32)
Sales/Maturities of Investments 2,269 1,630 1,432 2,199 2,023 1,455 1,386 2,163 3,657 1,905 1,912 2,641 4,061 1,023 846 153 62 126 87 79 105 137 408 847 927 714 798 716 768 637 524 615 840 797 819 751 810 755 736 611 653 (55) 42 20 0 67 61 141 5 103 87 (3) (9) 477 0 (151) 65 0 0 0 0 0 0 152 42 0 (8) 63 48 0 0 0 0 (4) 63 117 306 0 0 0 0 0 (82) 0 0 0 0 0 0
Other Investing Activities (135) 4 21 (16) (6) 257 (184) 23 16 (6) (7) (5) 7 (23) 36 59 66 83 12 1 10 0 (4) 13 1 (122) 19 5 12 (446) 96 23 (30) (18) 22 116 12 (56) (37) (640) 44 98 (100) 12 (193) (2) 48 69 (27) (93) (389) 197 (119) (141) (201) (424) (731) (156) (841) (738) (677) (34) (277) 773 109 38 62 314 (3) 77 538 8 14 74 (45) (5) 49 7 21 275 128 111 304 12 489 160 430 390 190
Investing Cash Flow (1,894) (1,565) (1,743) (1,580) (1,462) (1,715) (2,511) 134 1,441 (743) (1,936) (1,459) (1,968) (4,387) (5,528) (3,484) (430) (348) (214) (781) (329) 40 770 812 (1,572) (1,329) (795) (856) (1,580) (1,960) (854) (958) (730) (976) (1,276) (1,035) (643) (956) (706) (835) (797) (112) (142) 19 (283) 5 109 210 (22) (26) (302) 194 (128) 307 (201) (575) (666) (265) (841) (738) (677) (665) (729) 277 (507) (404) (756) (310) (848) (565) (213) (1,195) (328) (367) (711) (193) 288 7 (23) (363) (99) (101) (15) (100) 414 (149) (85) (175) (331)
Financing Activities
Net Debt Issuance (859) (482) (2,100) (597) (1,014) (509) (991) (579) (1,920) (122) (715) (491) (532) (880) (812) (800) (783) (575) (578) 6,277 767 (486) 7,906 1,247 2,560 178 (182) 84 376 164 (247) (554) 477 427 758 146 409 (47) (52) (225) (219) (74) (123) (55) 90 (275) (478) (197) (46) (26) (91) 18 (285) (56) 359 1,709 57 1,549 419 (191) (47) 0 (80) (287) (232) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased (27) (27) (21) (240) (349) (80) (82) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (353) (214) (369) (549) (513) (225) (41) (440) (529) (553) (579) (454) (258) (172) (260) (790) (1,392) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (81) 0 (42) 42 (42) 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (353) 0 0 0 (513) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2) 0 0 0 (2) (3) (2) (3) (8) (39) (39) (38) (39) (2) (1) (11) 0 0 (2) 0 0 0 (2) 0 0 0 (4) 0 0 0 (10) 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (90) 27 (15) (6) (94) (2) 0 (1) (18) (1) 0 0 (31) 3 (6) 2 (73) 0 (5) (1) (21) (1) (1) 0 335 (11) (20) (14) 467 (7) 4 (10) (32) (14) (2) (10) (65) (16) (16) (22) (2) 308 22 (31) (308) 148 374 100 (61) 0 715 (324) 74 222 157 3 17 (132) (5) 9 15 (199) 22 18 (65) 9 (452) (279) (57) 163 (253) 18 (126) (133) (163) (527) (608) (486) (148) (482) (326) (293) (1,016) (38) (122) (45) (161) (582) 585
Financing Cash Flow (976) (482) (2,136) (843) (1,457) (591) (1,073) (580) (1,938) (123) (715) (491) (563) (877) (818) (798) (856) (575) (583) 6,276 1,278 481 7,905 2,382 2,189 (47) (571) (479) (183) (68) (284) (1,004) (84) (140) 177 (318) 86 (235) (328) (1,037) (1,613) 234 (101) (86) (218) (127) (104) (99) (107) (26) 624 (308) (214) 164 513 1,704 35 1,378 376 (221) (115) (200) (69) (269) (339) 7 (452) (279) (57) 161 (253) 18 (126) (137) (163) (527) (608) (496) (148) (482) (326) (293) (1,016) (38) (122) (45) (161) (582) 585
Cash Position
Net Change in Cash 1,930 (761) (2,660) (206) 791 (82) (2,086) 2,429 2,351 (1,776) (1,771) 1,849 611 (4,106) (5,605) (1,591) 190 (1,192) (1,583) 8,170 1,396 (1,656) 6,786 3,064 680 (195) (263) 1,375 152 (927) (265) 481 919 (388) (522) 208 (10) (327) 147 688 (1,211) 35 295 159 (482) 219 21 347 635 (249) (125) (811) (252) 386 (422) 1,312 (452) 1,061 (43) 261 90 (605) (229) 888 (134) (57) (141) 372 (79) (234) 452 (378) 226 (15) 50 (54) 54 (237) 51 (149) 29 (239) (840) 533 609 (45) (161) (582) 585
Cash at Beginning 6,081 6,871 9,531 9,737 8,946 9,028 11,114 8,685 6,334 8,110 9,881 8,032 7,421 11,527 17,132 18,723 18,533 19,725 21,308 13,138 11,742 13,398 6,612 3,548 2,868 3,063 3,326 1,951 1,799 2,726 2,991 2,510 1,591 1,979 2,501 2,293 2,303 2,630 2,650 1,975 3,006 1,677 1,382 1,223 1,859 1,640 1,619 1,272 637 886 1,011 1,822 2,074 1,688 2,110 798 1,250 618 661 400 310 915 1,144 256 390 447 588 216 295 529 77 455 229 244 194 248 194 431 380 529 500 739 1,579 1,046 437 0 0 0 522
Cash at End 8,011 6,110 6,871 9,531 9,737 8,946 9,028 11,114 8,685 6,334 8,110 9,881 8,032 7,421 11,527 17,132 18,723 18,533 19,725 21,308 13,138 11,742 13,398 6,612 3,548 2,868 3,063 3,326 1,951 1,799 2,726 2,991 2,510 1,591 1,979 2,501 2,293 2,303 2,754 2,650 1,795 1,712 1,677 1,382 1,377 1,859 1,640 1,619 1,272 637 886 1,011 1,822 2,074 1,688 2,110 798 1,679 618 661 400 310 915 1,144 256 390 447 588 216 295 529 77 455 229 244 194 248 194 431 380 529 500 739 1,579 1,046 (45) (161) (582) 1,107
Free Cash Flow 3,127 (604) (246) 930 2,477 549 88 1,712 1,481 (2,976) (962) 2,379 1,299 (1,381) (587) 2,141 1,074 (805) (1,052) 1,814 3 (2,274) (1,521) (169) (1,896) (11) 234 1,852 306 (484) 58 1,716 765 (370) (543) 472 (144) (222) 449 1,709 383 (171) 474 247 (28) 316 65 286 838 (224) (447) (697) 90 (114) (734) 183 179 (52) 422 1,220 882 (371) 117 232 54 (102) 257 274 (67) (472) 239 (384) 372 52 195 361 307 252 (190) 448 372 (57) (46) 559 242 (184) (280) 61 (235)
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 14,608 15,397 15,225 15,236 13,212 14,695 14,843 14,986 12,539 13,626 14,484 14,178 11,429 12,400 12,877 12,112 7,566 8,192 7,750 5,471 3,221 3,412 2,489 1,475 7,979 10,888 11,380 11,402 9,589 10,491 11,003 10,777 9,032 9,438 9,899 10,008 8,426 9,052 9,913 9,396 8,195 9,036 10,306 9,914 8,608 9,313 10,563 10,329 8,696 9,329 10,228 10,001 8,721 8,702 9,909 9,939 8,602 8,928 10,171 9,809 8,202 8,433 5,394 5,161 4,241 4,193 4,433 4,018 3,691 4,547 5,565 5,371 4,711 5,030 5,527 5,213 4,373 6,044 5,176 5,113 4,465 4,386 4,655 4,423 3,915 3,988 4,305 4,189 3,909 3,614 3,109 3,467 3,793 2,949 4,658 4,424 4,793 4,905 5,109 4,546
Gross Profit 9,243 9,875 9,837 9,891 8,275 4,512 4,438 4,802 2,740 3,689 4,442 4,880 2,188 3,572 3,750 3,025 293 1,288 1,354 (122) (1,402) (1,378) (1,964) (2,527) 839 3,038 3,523 3,531 2,381 2,857 3,098 3,096 2,041 2,546 3,001 3,247 1,999 2,713 3,445 3,161 2,381 2,824 3,637 3,148 2,303 2,306 2,849 2,773 1,404 2,040 2,458 2,483 1,373 1,887 2,240 2,300 1,353 4,087 5,003 5,021 3,792 7,443 2,831 2,754 2,086 67 2,317 3,085 2,636 2,391 2,783 3,091 2,735 4,952 3,799 3,631 2,995 10,159 5,023 4,923 4,272 4,181 3,107 4,276 1,581 3,832 4,093 4,044 3,713 3,433 2,857 3,113 3,487 (263) 4,306 4,111 4,793 4,622 4,907 4,286
Operating Income 997 1,386 1,395 1,325 607 1,502 1,565 1,929 99 997 1,739 1,517 (43) 1,375 1,458 878 (1,384) (408) 1,037 (270) (1,381) (2,135) (1,615) (1,637) (972) 861 1,473 1,472 495 652 1,203 1,161 276 729 1,092 1,399 320 1,005 1,624 1,060 649 1,081 1,899 1,445 741 625 1,191 906 (349) 235 508 770 (264) (465) 200 575 (271) 45 935 808 34 (62) 541 441 76 (74) 88 107 (282) (812) (491) (2,694) (441) (64) 656 537 (92) (29) 335 260 (171) (182) 165 48 (250) (570) (80) 7 (211) (134) (431) (995) (485) (886) (469) (391) (163) (41) 605 252
Net Income 699 1,044 949 973 387 984 965 1,323 (124) 599 1,137 1,075 (194) 843 942 329 (1,377) (646) 473 (434) (1,357) (1,897) (1,841) (1,627) (1,704) 641 1,024 1,052 292 462 833 683 145 580 645 821 99 397 965 588 313 823 4,816 1,193 508 28 924 789 (609) 140 379 469 (417) (620) 6 339 (448) (138) 653 538 (213) (325) 387 273 (82) (240) (57) 28 (382) (1,303) (792) (2,740) (549) (53) 334 274 (152) 22,790 190 119 22,628 (16,904) (1,772) (1,430) (1,070) (741) (274) (247) (459) (476) (623) (1,473) (341) (302) (365) (313) (71) (116) 336 (99)
EPS (Diluted) 2.14 3.19 2.90 2.97 1.16 2.94 2.90 3.96 -0.38 1.81 3.42 3.24 -0.59 2.55 2.86 1.00 -4.24 -1.99 1.44 -1.34 -4.29 -6.08 -6.33 -5.79 -6.86 2.53 3.99 4.02 1.09 1.70 3.06 2.48 0.52 1.99 2.12 2.66 0.31 1.26 3.01 1.78 0.88 2.24 12.82 3.14 1.32 0.07 2.37 2.01 -1.66 0.37 0.98 1.21 -1.26 -1.87 0.02 0.89 -1.36 -0.42 1.69 1.39 -0.65 -0.99 1.75 1.29 -0.49 -1.43 -0.39 0.19 -2.64 -9.00 -6.12 -21.47 -4.43 -0.44 2.21 1.83 -1.32 197.91 1.30 0.93 194.66 -145.42 -15.25 -12.33 -9.21 -6.39 -2.38 -2.25 -4.17 -4.32 -6.26 -15.53 -3.11 -2.76 -3.33 -2.86 -0.65 -1.06 3.07 -0.90
Balance Sheet
Cash & Equivalents 7,869 5,942 6,730 9,354 9,370 8,769 8,812 10,864 8,441 6,058 7,478 9,605 7,634 7,166 11,258 16,885 18,468 18,283 19,256 20,838 12,666 11,269 13,150 6,505 3,442 2,762 2,959 3,221 1,848 1,694 2,621 2,884 2,404 1,482 1,870 2,371 2,164 2,179 2,630 2,483 1,795 4,906 3,516 3,042 2,566 2,457 1,263 1,377 1,859 1,640 1,272 637 886 1,011 2,110 798 1,250 1,679 618 661 400 310 915 1,144 256 390 447 588 216 295 529 77 455 229 244 194 248 194 431 380 529 500 739 1,579 1,046 437 647 705 1,030
Total Assets 80,941 76,448 76,313 77,163 76,111 74,083 72,640 73,254 71,902 71,104 73,153 73,341 70,417 67,358 68,968 70,381 69,038 68,175 69,294 71,049 61,662 59,548 61,189 54,901 53,055 52,611 52,199 52,150 50,639 49,024 44,837 44,691 44,018 42,346 42,565 42,307 41,445 40,140 40,327 40,476 40,373 20,134 19,952 18,684 18,806 19,101 25,608 21,565 21,848 21,979 22,950 23,121 23,656 24,190 25,604 24,914 24,720 24,355 23,073 22,375 21,652 20,963 21,209 21,044 19,071 18,559 18,900 18,269 17,068 15,803 15,386 13,925 13,350 12,677 12,282 11,533 11,572 11,641 12,070 12,102 11,821 11,764 12,312 13,256 12,889 12,840 12,953 13,116 13,288
Total Debt 30,971 31,036 36,653 32,786 32,925 33,633 30,585 34,254 34,844 36,739 35,014 35,841 36,025 36,433 36,978 38,010 38,614 39,366 39,887 40,081 33,659 32,751 32,861 24,892 23,429 20,450 20,140 20,183 20,088 19,787 14,380 14,503 14,964 14,392 13,943 13,163 12,843 11,705 11,457 11,415 11,606 9,174 9,304 8,543 7,812 7,948 9,129 786 788 852 764 792 700 10,273 9,260 7,512 7,434 7,388 5,541 5,070 5,273 5,330 5,327 5,344 5,567 5,429 5,092 5,120 4,988 4,177 3,545 3,467 3,438 3,283 3,442 3,276 3,803 4,102 4,314 4,388 4,064 4,346 4,559 3,927 3,739 4,050 3,924 3,955 4,446
Stockholders' Equity 15,876 15,282 14,309 13,374 12,616 12,675 11,437 10,526 9,188 9,324 8,853 7,705 6,668 6,896 4,898 3,964 3,624 5,029 5,431 4,904 5,206 5,960 7,003 8,517 9,418 11,531 11,301 10,320 9,802 10,042 9,469 8,639 8,336 8,806 8,970 8,854 8,449 8,659 8,439 7,784 7,840 (2,756) (2,887) 1,228 (2,629) (2,655) 2,640 (6,624) (6,376) (5,916) (5,409) (3,823) (2,483) 1,303 3,107 4,716 4,966 5,190 5,144 5,349 5,061 5,151 5,973 5,577 4,229 3,281 4,017 3,672 3,166 2,337 2,639 1,914 1,448 995 848 455 48 (239) (144) (522) (229) (316) (328) 1,143 1,097 1,203 1,302 1,157 1,137
Cash Flow
Operating Cash Flow 4,799 1,286 1,218 2,217 3,710 2,224 1,498 2,876 2,847 (910) 880 3,799 3,142 1,158 741 2,691 1,476 (269) (786) 2,675 447 (2,177) (1,889) (130) 63 1,181 1,103 2,710 1,915 1,101 883 2,443 1,709 728 577 1,561 547 658 1,138 2,547 1,199 (142) 558 260 62 376 65 286 838 (188) (447) (697) 90 (85) (734) 183 179 (52) 422 1,220 882 260 569 880 712 340 1,067 961 826 170 918 799 680 489 924 666 374 252 222 696 454 155 191 671 317 (16) 188 432 254
Capital Expenditure (1,672) (1,890) (1,464) (1,287) (1,233) (1,675) (1,410) (1,164) (1,366) (2,066) (1,842) (1,420) (1,843) (2,539) (1,328) (550) (402) (536) (266) (861) (444) (97) 368 (39) (1,959) (1,192) (869) (858) (1,609) (1,585) (825) (727) (944) (1,098) (1,120) (1,089) (691) (880) (689) (838) (816) (155) (84) (13) (90) (60) 0 0 0 (36) 0 0 0 (29) 0 0 0 0 0 0 0 (631) (452) (648) (658) (442) (810) (687) (893) (642) (679) (1,183) (308) (437) (729) (305) (67) 0 (412) (248) (82) (212) (237) (112) (75) (168) (468) (371) (489)
Free Cash Flow 3,127 (604) (246) 930 2,477 549 88 1,712 1,481 (2,976) (962) 2,379 1,299 (1,381) (587) 2,141 1,074 (805) (1,052) 1,814 3 (2,274) (1,521) (169) (1,896) (11) 234 1,852 306 (484) 58 1,716 765 (370) (543) 472 (144) (222) 449 1,709 383 (171) 474 247 (28) 316 65 286 838 (224) (447) (697) 90 (114) (734) 183 179 (52) 422 1,220 882 (371) 117 232 54 (102) 257 274 (67) (472) 239 (384) 372 52 195 361 307 252 (190) 448 372 (57) (46) 559 242 (184) (280) 61 (235)