Three-Statement Breakdown
FCF DOWN
Free cash flow moved from -$926.0M to -$2.1B — the lowest of its last 8 readings.
CASH FROM OPS
-62.7%
906
CAPITAL EXPENDITURE
-11.6%
2,967
FREE CASH FLOW
—
-2,061
FCF / NET INCOME
—
-2.71×
| Cash flow | 24-09 | 24-12 | 25-03 | 25-06 | 25-09 | 25-12 | 26-03 | QoQ | YoY | TTM | 8Q | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 579 | 674 | 634 | 549 | 850 | 670 | 885 | 761 | -14.0% | +38.6% | 3,166 | ||
| Cash from operations |
|
3,131 | 1,932 | 2,848 | 1,057 | 2,851 | 1,960 | 2,430 | 906 | -62.7% | -14.3% | 8,147 | |
| Cash conversion |
|
5.41× | 2.87× | 4.49× | 1.93× | 3.35× | 2.93× | 2.75× | 1.19× | -56.6% | -38.2% | 2.57× | |
| Capital expenditures |
|
(2,605) | (2,828) | (2,635) | (3,065) | (2,931) | (3,156) | (3,356) | (2,967) | -11.6% | -3.2% | (12,410) | |
| Free cash flow |
|
526 | -896 | 213 | -2,008 | -80 | -1,196 | -926 | -2,061 | — | — | -4,263 | |
| FCF margin |
|
8.9% | -13.5% | 3.6% | -34.0% | -1.3% | -17.6% | -13.5% | -34.9% | — | — | -16.5% | |
| Cash from investing |
|
-2,994 | -3,156 | -3,264 | -3,004 | -2,982 | -3,066 | -3,302 | -2,857 | — | — | -12,207 | |
| Dividends paid |
NOT DISCLOSED
|
21 | 22 | 55 | 55 | 56 | — | — | — | — | — | — | |
| Debt repayment |
|
350 | 0 | 0 | 1,050 | 875 | 1,951 | 600 | 0 | -100.0% | -100.0% | 3,426 | |
| Cash from financing |
|
-459 | 1,207 | 1,609 | 256 | 188 | 1,306 | 1,390 | 1,682 | +21.0% | 6.6× | 4,566 | |
| Net change in cash |
|
-322 | -17 | 1,193 | -1,691 | 57 | 200 | 518 | -269 | — | — | 506 | |
| Ending cash balance |
|
895 | 940 | 2,023 | 494 | 404 | 713 | 1,131 | 972 | -14.1% | +96.8% | 972 | |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM-926
CASH FROM OPERATIONS-1,524
CAPITAL EXPENDITURES+389
TO-2,061
No bridge for this line yet — select Free cash flow to see its QoQ walk.
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM
SRC 10-Q FILED 2026-07-23 ↗