Business 12 months to May 2026 · SEC EDGAR
Results
Operating income
$5.46b
6% margin · +5% YoY
Net income
$4k
0% margin · +8% YoY
EPS, diluted
$0.00
+10% YoY
Net income is $5.46b below operating income. The difference lies outside operations (gains or losses on investments, interest) and in tax; operating income is the closer read of the business itself.
Cash and balance sheet
Free cash flow
$5.12b
5% of revenue
Net debt
$10.73b
$13.31b cash and securities, $24.04b debt
Diluted shares
239m
−2% YoY
Valuation at today’s market cap
EV / sales
0.8×
enterprise value $79.84b
EV / operating income
14.6×
10-K filed Jul 20, 2026 ↗