| Metric | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $13.84B | $13.99B | $14.15B | $14.67B | $14.88B +7.5% | $15.35B +9.7% | $15.84B +12.0% | $17.25B +17.6% | Strengthening |
| Operating Profit | $2.36B | $3.11B | $3.20B | $3.09B | $3.36B +42.6% | $3.78B +21.5% | $3.96B +23.7% | $4.26B +38.1% | Strengthening |
| Net Profit | $2.71B | $2.43B | $2.49B | $2.55B | $2.86B +5.5% | $3.17B +30.8% | $3.37B +35.4% | $3.86B +51.3% | Strengthening |
| EPS | $0.68 | $0.61 | $0.63 | — | $0.72 +5.9% | $0.80 +31.1% | $0.85 +34.9% | — | Strengthening |
| Other Income | -$91.00M | -$226.00M | -$255.00M | -$88.00M | $28.00M | -$135.00M +40.3% | $79.00M | $669.00M | Strengthening |
| Interest | $418.00M | $404.00M | $403.00M | $368.00M | $350.00M -16.3% | $370.00M -8.4% | $377.00M -6.5% | $373.00M +1.4% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $2.27B | $2.89B | $2.95B | $3.00B | $3.39B +49.6% | $3.65B +26.3% | $4.04B +37.1% | $4.93B +64.5% | Strengthening |
| MarginsOPM | 17.0% | 22.3% | 22.6% | 21.0% | 22.6% +32.6% | 24.6% +10.7% | 25.0% +10.5% | 24.7% +17.5% | Strengthening |
| Tax | -19.6% | 15.9% | 15.5% | 15.0% | 15.7% | 12.9% -18.7% | 16.5% +6.6% | 21.8% +45.4% | Strengthening |
| ReturnsROIC | 5.3% | 4.7% | 4.9% | 5.0% | 5.6% +5.5% | 6.2% +30.8% | 6.6% +35.4% | 7.5% +51.3% | Strengthening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $11.75B | $11.81B | $9.18B | $7.08B | $10.12B | $7.51B | $8.35B | $7.22B |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | $47.76B | $43.57B | $39.11B | $36.72B | $43.35B | $36.86B | $34.99B | $38.66B |
| Net PP&E | $2.79B | $3.37B | $3.43B | $3.00B | $3.06B | $3.16B | $3.41B | $4.16B |
| Goodwill | $33.53B | $33.81B | $38.17B | $38.30B | $38.53B | $58.66B | $59.14B | $59.48B |
| Intangibles | $2.20B | $1.58B | $3.62B | $2.57B | $1.82B | $11.22B | $9.18B | $7.56B |
| Total Assets | $97.79B | $94.85B | $97.50B | $94.00B | $101.85B | $124.41B | $122.29B | $129.64B |
| LiabilitiesTotal Current Liabilities | $31.71B | $25.33B | $26.26B | $25.64B | $31.31B | $40.58B | $35.06B | $41.52B |
| Short-Term Debt | $10.19B | $3.00B | $2.51B | $1.10B | $1.73B | $11.34B | $5.23B | $10.16B |
| Long-Term Debt | $14.47B | $11.58B | $9.02B | $8.42B | $6.66B | $19.62B | $22.86B | $19.37B |
| Long-Term Leases | — | $661.00M | $831.00M | $724.00M | $707.00M | $906.00M | $1.18B | $1.25B |
| Total Liabilities | $64.22B | $56.93B | $56.22B | $54.23B | $57.50B | $78.96B | $75.45B | $79.35B |
| EquityCommon Stock & APIC | $40.27B | $41.20B | $42.35B | $42.71B | $44.29B | $45.80B | $47.75B | $49.68B |
| Retained Earnings | -$5.90B | -$2.76B | -$654.00M | -$1.32B | $1.64B | $1.09B | $50.00M | $1.56B |
| Total Equity | $33.57B | $37.92B | $41.27B | $39.77B | $44.35B | $45.46B | $46.84B | $50.28B |
| HighlightsNet Cash / (Debt) | -$12.92B | -$2.77B | -$2.35B | -$2.44B | $1.73B | -$23.45B | -$19.75B | -$22.32B |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $15.83B | $15.43B | $15.45B | $13.23B | $19.89B | $10.88B | $14.19B | $14.18B |
| Cash from Investing | $14.84B | $3.50B | -$5.29B | $1.55B | -$5.11B | -$20.48B | $1.73B | -$3.48B |
| Cash from Financing | -$27.89B | -$18.86B | -$12.10B | -$15.96B | -$11.63B | $6.84B | -$15.81B | -$12.35B |
| SummaryCapital Expenditure | -$909.00M | -$770.00M | -$692.00M | -$477.00M | -$849.00M | -$670.00M | -$905.00M | -$1.41B |
| Free Cash Flow | $14.92B | $14.66B | $14.76B | $12.75B | $19.04B | $10.21B | $13.29B | $12.77B |
| FCF Margin | 28.7% | 29.7% | 29.6% | 24.7% | 33.4% | 19.0% | 23.5% | 20.2% |