Business 12 months to Aug 2026 · SEC EDGAR
Results
Operating income
−$206.4m
-1% margin
Net income
−$894.8m
-5% margin
Net income is $688.4m 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
$1.55b
8% of revenue
Net debt
$12.14b
$433.1m cash and securities, $12.57b debt
Diluted shares
538m
−1% YoY
Valuation at today’s market cap
EV / sales
1.6×
enterprise value $29.60b
10-Q filed Sep 23, 2026 ↗