Three-Statement Breakdown
FCF DOWN
Free cash flow moved from -$501.0M to -$698.0M — the lowest of its last 8 readings.
CASH FROM OPS
+4.7%
583
CAPITAL EXPENDITURE
+21.1%
1,281
FREE CASH FLOW
—
-698
FCF / NET INCOME
—
-3.03×
| Cash flow | 24-09 | 24-12 | 25-03 | 25-06 | 25-09 | 25-12 | 26-03 | QoQ | YoY | TTM | 8Q | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 214 | 177 | 414 | 183 | 318 | 266 | 452 | 230 | -49.1% | +25.7% | 1,266 | ||
| Stock-based comp |
NOT DISCLOSED
|
— | — | 19 | 7 | — | — | 23 | 8 | -65.2% | +14.3% | — | |
| Cash from operations |
|
781 | 511 | 513 | 602 | 966 | 548 | 557 | 583 | +4.7% | -3.2% | 2,654 | |
| Cash conversion |
|
3.65× | 2.89× | 1.24× | 3.29× | 3.04× | 2.06× | 1.23× | 2.53× | +105.7% | -22.9% | 2.10× | |
| Capital expenditures |
|
(679) | (860) | (793) | (930) | (1,145) | (1,162) | (1,058) | (1,281) | +21.1% | +37.7% | (4,646) | |
| Free cash flow |
|
102 | -349 | -280 | -328 | -179 | -614 | -501 | -698 | — | — | -1,992 | |
| FCF margin |
|
4.9% | -15.8% | -11.2% | -16.2% | -8.0% | -27.0% | -18.1% | -33.1% | — | — | -21.2% | |
| Cash from investing |
|
-683 | -874 | -783 | -930 | -1,147 | -1,144 | -1,046 | -1,361 | — | — | -4,698 | |
| Dividends paid |
|
190 | 190 | 190 | 202 | 201 | 201 | 202 | 214 | +5.9% | +5.9% | 818 | |
| Debt repayment |
NOT DISCLOSED
|
0 | 0 | 0 | 0 | — | — | 18 | 650 | 36.1× | — | — | |
| Cash from financing |
|
161 | 119 | 271 | 306 | 982 | 563 | 654 | -134 | — | — | 2,065 | |
| Net change in cash |
|
259 | -244 | 1 | -22 | 801 | -33 | 165 | -912 | — | — | 21 | |
| Ending cash balance |
|
542 | 306 | 312 | 294 | 1,102 | 1,071 | 1,241 | 332 | -73.2% | +12.9% | 332 | |
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-501
CASH FROM OPERATIONS+26
CAPITAL EXPENDITURES-223
TO-698
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 2026-08-07 ↗