Three-Statement Breakdown
FCF UP
Free cash flow moved from -$476.0M to $572.0M.
CASH FROM OPS
—
848
CAPITAL EXPENDITURE
+3.0%
276
FREE CASH FLOW
—
572
FCF / NET INCOME
—
3.84×
| Cash flow | 24-09 | 24-12 | 25-03 | 25-06 | 25-09 | 25-12 | 26-03 | QoQ | YoY | TTM | 8Q | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 135 | -494 | -453 | 1,580 | -148 | -252 | -2,916 | 149 | — | -90.6% | -3,167 | ||
| Depreciation & amortization | 1,762 | 1,643 | 1,547 | 1,447 | 1,375 | 1,315 | 1,226 | 1,159 | -5.5% | -19.9% | 5,075 | ||
| Stock-based comp |
|
159 | 138 | 123 | 175 | 242 | 229 | 152 | 190 | +25.0% | +8.6% | 813 | |
| Cash from operations |
|
847 | 2,715 | 553 | 983 | 979 | 1,804 | -208 | 848 | — | -13.7% | 3,423 | |
| Cash conversion |
NOT DISCLOSED
|
6.27× | — | — | 0.62× | — | — | — | 5.69× | — | +814.8% | — | |
| Capital expenditures |
|
(215) | (286) | (251) | (281) | (278) | (421) | (268) | (276) | +3.0% | -1.8% | (1,243) | |
| Free cash flow |
|
632 | 2,429 | 302 | 702 | 701 | 1,383 | -476 | 572 | — | -18.5% | 2,180 | |
| FCF margin |
|
6.6% | 24.2% | 3.4% | 7.2% | 7.8% | 14.6% | -5.4% | 6.6% | — | -8.3% | 6.0% | |
| Cash from investing |
|
-218 | 6 | -195 | -236 | -330 | -418 | -282 | -217 | — | — | -1,247 | |
| Debt repayment |
|
847 | 493 | 3,665 | 16,738 | 1,260 | 1,001 | 123 | 15,250 | 124.0× | -8.9% | 17,634 | |
| Cash from financing |
|
-875 | -600 | -1,895 | 9 | -1,237 | -1,117 | -756 | -517 | — | — | -3,627 | |
| Net change in cash |
|
-127 | 1,926 | -1,442 | 917 | -593 | 272 | -1,302 | 105 | — | -88.5% | -1,518 | |
| Ending cash balance |
|
3,336 | 5,312 | 3,868 | 4,888 | 4,294 | 4,566 | 3,264 | 3,369 | +3.2% | -31.1% | 3,369 | |
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-476
CASH FROM OPERATIONS+1,056
CAPITAL EXPENDITURES-8
TO572
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 2026-08-06 ↗