Business 12 months to Jul 2026 · SEC EDGAR
Results
Operating income
$6.79b
18% margin · +11% YoY
Net income
$430.0m
1% margin
Net income is $6.36b 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
$6.13b
16% of revenue
Net debt
$19.33b
$8.82b cash and securities, $28.15b debt
Diluted shares
1.29b
−0% YoY
Valuation at today’s market cap
EV / sales
3.5×
enterprise value $131.77b
EV / operating income
19.4×
10-Q filed Sep 3, 2026 ↗