5.89
+7.68%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$7.20bn
FY2016FY2025
Net income
−$285.0m
FY2016FY2025
Free cash flow
$17.0m
FY2016FY2025
Shareholders' equity
$2.39bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.20bn | $7.58bn | $8.13bn | $9.46bn | $10.59bn | $9.38bn | $9.71bn | $10.15bn | $9.55bn | $9.18bn |
| Gross profit | $2.43bn | $2.58bn | $2.44bn | $2.86bn | $3.38bn | $3.08bn | $3.22bn | $3.52bn | $3.26bn | $2.97bn |
| Research and development | — | $123.0m | $117.0m | $140.0m | $153.0m | $144.0m | $149.0m | $151.0m | $158.0m | $147.0m |
| Operating income | $447.0m | $514.0m | $451.0m | $825.0m | $1.12bn | $890.0m | $768.0m | $870.0m | $557.0m | $361.0m |
| Net income | −$285.0m | −$216.0m | −$388.0m | $197.0m | $622.0m | −$770.0m | $107.0m | −$6.94bn | $2.75bn | $528.0m |
| Diluted earnings per share | -0.68 | -0.52 | -0.94 | 0.47 | 1.45 | -1.82 | 0.25 | -14.64 | 5.63 | 1.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $10.71bn | $11.00bn | $12.16bn | $13.26bn | $14.27bn | $14.70bn | $15.64bn | $17.72bn | $33.14bn | $33.84bn |
| Cash and short-term investments | $203.0m | $198.0m | $332.0m | $287.0m | $440.0m | $981.0m | $349.0m | $496.0m | $486.0m | $588.0m |
| Total liabilities | $8.32bn | $8.25bn | $9.05bn | $9.74bn | $10.11bn | $10.83bn | $10.68bn | $12.50bn | $18.99bn | $22.49bn |
| Debt | $4.67bn | $4.59bn | $4.90bn | $5.38bn | $4.89bn | $5.61bn | $5.72bn | $7.01bn | $10.55bn | $11.89bn |
| Shareholders' equity | $2.39bn | $2.75bn | $3.11bn | $3.52bn | $4.16bn | $3.87bn | $4.96bn | $5.22bn | $14.14bn | $11.35bn |
| Shares outstanding | 418m | 416m | 414m | 417m | 428m | 424m | 424m | 474m | 488m | 421m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $264.0m | $496.0m | $930.0m | −$272.0m | $884.0m | $1.43bn | $1.04bn | $680.0m | $966.2m | $1.84bn |
| Capital spending | −$247.0m | −$259.0m | −$284.0m | −$312.0m | −$289.0m | −$259.0m | −$264.9m | −$384.4m | −$406.2m | −$441.4m |
| Free cash flow | $17.0m | $237.0m | $646.0m | −$584.0m | $595.0m | $1.17bn | $779.1m | $295.6m | $560.0m | $1.40bn |
| Dividends paid | −$120.0m | −$118.0m | −$184.0m | −$385.0m | −$394.0m | −$392.0m | −$390.3m | −$434.6m | −$428.6m | −$328.6m |
Latest quarters
By quarter end
| Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.90bn | $1.81bn | $1.94bn | $1.57bn | $1.95bn | $1.95bn | $2.03bn | $1.65bn |
| Gross profit | $628.0m | $616.0m | $686.0m | $506.0m | $674.0m | $692.0m | $706.0m | $512.0m |
| Operating income | $114.0m | $127.0m | $183.0m | $46.0m | $109.0m | $161.0m | $189.0m | $55.0m |
| Net income | −$315.0m | $21.0m | $46.0m | −$37.0m | −$54.0m | −$198.0m | $45.0m | −$9.0m |
| Diluted earnings per share | -0.75 | 0.05 | 0.11 | -0.09 | -0.13 | -0.48 | 0.11 | -0.02 |
| Total assets | $10.71bn | $11.29bn | $11.51bn | $11.28bn | $11.00bn | $11.77bn | $12.05bn | $12.10bn |
| Cash and short-term investments | $203.0m | $229.0m | $219.0m | $233.0m | $198.0m | $494.0m | $382.0m | $372.0m |
| Debt | $4.54bn | $4.54bn | $4.54bn | $4.52bn | $4.51bn | $4.09bn | $4.06bn | $4.56bn |
| Shareholders' equity | $2.39bn | $2.70bn | $2.69bn | $2.69bn | $2.75bn | $2.86bn | $3.08bn | $3.08bn |
Financial ratios
Data as of 30 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 33.8% | 33.6% | 28.9% | 30.0% | 31.8% | 32.8% | — | — |
| Operating margin | 0.3% | 0.5% | -1.0% | 4.1% | 9.6% | -7.8% | — | — |
| Net margin | -4.0% | -2.8% | -4.8% | 2.1% | 5.9% | -8.2% | — | — |
| Return on equity | -11.9% | -7.9% | -12.5% | 5.6% | 15.0% | -19.9% | — | — |
| Return on assets | -2.7% | -2.0% | -3.2% | 1.5% | 4.4% | -5.2% | — | — |
| Free cash flow yield | 24.0% | 35.7% | 57.7% | 1.9% | 53.9% | 78.1% | — | — |
| Revenue growth | -5.0% | -6.8% | -14.0% | -10.7% | 12.8% | -3.4% | — | — |
| Earnings growth | 31.9% | -44.3% | -297.0% | -68.3% | -180.8% | -819.6% | — | — |
| Current ratio | 1.07x | 1.14x | 1.16x | 1.32x | 1.31x | 1.28x | — | — |
| Debt to equity | 2.00x | 1.71x | 1.62x | 1.56x | 1.20x | 1.48x | — | — |
| Equity ratio | 22.3% | 25.0% | 25.6% | 26.5% | 29.1% | 26.4% | — | — |
| Interest coverage | 0.06x | 0.12x | -0.30x | 1.67x | 3.97x | -2.67x | — | — |
| R&D as a share of sales | — | — | 1.4% | 1.5% | 1.4% | 1.5% | 1.5% | 1.7% |
| Buybacks as a share of market value | -0.7% | -0.5% | -0.1% | 3.4% | -0.5% | -0.3% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.7% | -5.2% | 2.0% |
| Operating income | -18.5% | -12.9% | -4.8% |
| Net income | — | -18.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 33.9% | 31.8% | 32.0% | 33.1% |
| Operating margin | 6.5% | 6.9% | 8.1% | 7.8% |
| Net margin | -3.4% | -2.1% | -1.6% | -4.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.5 | -19.2 | -9.3 | 27.7 | 15.0 | -11.7 | 76.2 | -1.3 | 5.5 | 35.6 |
| Price to sales | 0.2 | 0.6 | 0.4 | 0.6 | 0.9 | 1.0 | 0.8 | 0.9 | 1.6 | 2.0 |
Market value over time
30 Nov 2016 to 29 Oct 2026, in USD
$22.86bn$2.18bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -63% | 14% | -31% | -38% | -1% | 4% | -1% | -34% | -34% | 5% |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 31 Aug 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.21 | 0.28 | 0.28 | 0.44 | 0.92 | 0.92 | 0.92 | 0.92 |
- 2-for-1 split · 2 Sept 1994
- 2-for-1 split · 4 Dec 1989
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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