Business 12 months to Jul 2026 · SEC EDGAR
Results
Operating income
$802.4m
9% margin · −27% YoY
Net income
$1.08b
11% margin · −46% YoY
EPS, diluted
$5.60
−55% YoY
Net income is $274.2m above 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
$2.75b
29% of revenue
Net debt
$6.43b
$3.61b cash and securities, $10.04b debt
Diluted shares
192m
+19% YoY
Valuation at today’s market cap
EV / sales
10.8×
enterprise value $101.58b
EV / operating income
127×
10-Q filed Aug 26, 2026 ↗