O 
116.10
+0.90%
Close of 6 Nov 2026, in USD
At a glance
Figures in USD, from our data supplier.
Revenue
$67.36bn
FY2017FY2026
Net income
$17.09bn
FY2017FY2026
Free cash flow
−$23.69bn
FY2017FY2026
Shareholders' equity
$42.51bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $67.36bn | $57.40bn | $52.96bn | $49.95bn | $42.44bn | $40.48bn | $39.07bn | $39.51bn | $39.83bn | $37.73bn |
| Gross profit | $43.92bn | $40.47bn | $37.82bn | $36.39bn | $33.56bn | $32.62bn | $31.13bn | $31.51bn | $31.77bn | $30.28bn |
| Research and development | $10.27bn | $9.86bn | $8.91bn | $8.62bn | $7.22bn | $6.53bn | $6.07bn | $6.03bn | $6.08bn | $6.15bn |
| Operating income | $20.78bn | $17.68bn | $15.35bn | $13.09bn | $10.93bn | $15.21bn | $13.90bn | $13.54bn | $13.26bn | $12.91bn |
| Net income | $17.09bn | $12.44bn | $10.47bn | $8.50bn | $6.72bn | $13.75bn | $10.13bn | $11.08bn | $3.59bn | $9.45bn |
| Diluted earnings per share | 5.70 | 4.26 | 3.65 | 3.02 | 2.45 | 5.10 | 3.32 | 3.31 | 0.94 | 2.21 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $261.76bn | $168.36bn | $140.98bn | $134.38bn | $109.30bn | $131.11bn | $115.44bn | $108.71bn | $137.26bn | $134.99bn |
| Cash and short-term investments | $31.89bn | $11.20bn | $10.66bn | $10.19bn | $21.90bn | $46.55bn | $43.06bn | $37.83bn | $67.26bn | $66.08bn |
| Total liabilities | $218.70bn | $147.39bn | $131.74bn | $132.83bn | $115.06bn | $125.16bn | $102.72bn | $86.35bn | $91.04bn | $80.75bn |
| Debt | $156.19bn | $104.10bn | $94.47bn | $90.48bn | $75.86bn | $84.25bn | $71.60bn | $56.17bn | $60.62bn | $57.91bn |
| Shareholders' equity | $42.51bn | $20.45bn | $8.70bn | $1.07bn | −$6.22bn | $5.24bn | $12.07bn | $21.79bn | $46.22bn | $53.86bn |
| Shares outstanding | 3,000m | 2,922m | 2,869m | 2,817m | 2,746m | 2,694m | 3,053m | 3,349m | 3,825m | 4,283m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $31.98bn | $20.82bn | $18.67bn | $17.16bn | $9.54bn | $15.89bn | $13.14bn | $14.55bn | $15.39bn | $14.13bn |
| Capital spending | −$55.66bn | −$21.21bn | −$6.87bn | −$8.70bn | −$4.51bn | −$2.13bn | −$1.56bn | −$1.66bn | −$1.74bn | −$2.02bn |
| Free cash flow | −$23.69bn | −$394.0m | $11.81bn | $8.47bn | $5.03bn | $13.75bn | $11.57bn | $12.89bn | $13.65bn | $12.11bn |
| Dividends paid | −$5.79bn | −$4.74bn | −$4.39bn | −$3.67bn | −$3.46bn | −$3.06bn | −$3.07bn | −$2.93bn | −$3.14bn | −$2.63bn |
Latest quarters
By quarter end
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.34bn | $19.18bn | $17.19bn | $16.06bn | $14.93bn | $15.90bn | $14.13bn | $14.06bn |
| Gross profit | $11.61bn | $12.51bn | $11.10bn | $10.68bn | $10.04bn | $11.16bn | $9.94bn | $9.97bn |
| Operating income | $6.73bn | $6.13bn | $5.64bn | $4.73bn | $4.28bn | $5.11bn | $4.36bn | $4.22bn |
| Net income | $4.76bn | $4.30bn | $3.72bn | $6.13bn | $2.93bn | $3.43bn | $2.94bn | $3.15bn |
| Diluted earnings per share | 1.59 | 1.43 | 1.24 | 2.10 | 1.00 | 1.17 | 1.00 | 1.10 |
| Cash from operations | $23.10bn | $14.62bn | $7.15bn | $2.07bn | $8.14bn | $6.16bn | $5.93bn | $1.30bn |
| Capital spending | −$28.50bn | −$16.49bn | −$18.64bn | −$12.03bn | −$8.50bn | −$9.08bn | −$5.86bn | −$3.97bn |
| Free cash flow | −$5.40bn | −$1.87bn | −$11.48bn | −$9.97bn | −$362.0m | −$2.92bn | $71.0m | −$2.67bn |
| Total assets | $303.26bn | $261.76bn | $245.24bn | $204.98bn | $180.45bn | $168.36bn | $161.38bn | $148.48bn |
| Cash and short-term investments | $37.08bn | $31.89bn | $39.13bn | $19.77bn | $11.01bn | $11.20bn | $17.82bn | $11.31bn |
| Debt | $125.34bn | $129.54bn | $137.94bn | $108.08bn | $91.31bn | $92.57bn | $96.28bn | $88.62bn |
| Shareholders' equity | $66.77bn | $42.51bn | $38.49bn | $29.95bn | $24.15bn | $20.45bn | $16.73bn | $13.75bn |
Financial ratios
Data as of 1 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 65.2% | 70.5% | 71.4% | 72.8% | 79.1% | 80.6% |
| Operating margin | 30.8% | 30.8% | 29.0% | 25.3% | 32.2% | 37.6% |
| Net margin | 25.4% | 21.7% | 19.8% | 17.0% | 15.8% | 34.0% |
| Return on equity | 40.2% | 60.8% | 120.3% | 792.5% | -108.0% | 262.4% |
| Return on assets | 6.5% | 7.4% | 7.4% | 6.3% | 6.1% | 10.5% |
| Free cash flow yield | 20.2% | 9.6% | 6.0% | 6.2% | 3.4% | 4.5% |
| Revenue growth | 17.4% | 8.4% | 6.0% | 17.7% | 4.8% | 3.6% |
| Earnings growth | 37.3% | 18.9% | 23.1% | 26.6% | -51.1% | 35.6% |
| Current ratio | 1.12x | 0.75x | 0.72x | 0.91x | 1.62x | 2.30x |
| Debt to equity | 3.05x | 4.53x | 10.13x | 84.33x | -12.20x | 16.08x |
| Equity ratio | 16.2% | 12.1% | 6.2% | 0.8% | -5.7% | 4.0% |
| Interest coverage | 4.52x | 4.94x | 4.37x | 3.60x | 4.97x | 6.09x |
| R&D as a share of sales | 15.2% | 17.2% | 16.8% | 17.3% | 17.0% | 16.1% |
| Buybacks as a share of market value | 0.2% | -1.8% | -1.8% | -2.6% | -1.9% | 11.7% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.5% | 10.7% | 6.2% |
| Operating income | 16.6% | 6.4% | 5.1% |
| Net income | 26.2% | 4.4% | 6.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 67.6% | 69.7% | 72.4% | 75.2% |
| Operating margin | 30.8% | 29.4% | 30.0% | 31.6% |
| Net margin | 23.7% | 21.3% | 22.2% | 22.3% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 24.1 | 45.8 | 45.7 | 34.9 | 33.4 | 17.1 | 19.5 | 16.0 | 48.1 | 21.4 |
| Price to sales | 6.1 | 9.9 | 9.0 | 6.0 | 5.3 | 5.8 | 5.0 | 4.5 | 4.3 | 5.4 |
Market value over time
30 Sept 2016 to 31 Aug 2026, in USD
$167.35bn$434.68bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 9% | 56% | 32% | -12% | 42% | 20% | 16% | -3% | 23% | 9% |
Dividends and splits
Per share, in the currency the company pays
Paid for 17 years. Last went ex-dividend on 9 Oct 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.00 | 2.00 | 2.10 | 1.60 | 1.36 | 1.28 | 1.04 | 0.96 |
- 2-for-1 split · 13 Oct 2000
- 2-for-1 split · 19 Jan 2000
- 3-for-2 split · 1 Mar 1999
- 3-for-2 split · 18 Aug 1997
- 3-for-2 split · 17 Apr 1996
- 3-for-2 split · 23 Feb 1995
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.