FTNT

FTNT

Fortinet, Inc.

$120.55

+$2.86 (+2.43%)

Mkt Cap: $88.32B

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Fortinet, Inc. (FTNT) Financial Statements

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Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$7.11B	$6.80B ↑14.2%	$5.96B ↑12.3%	$5.30B ↑20.1%	$4.42B ↑32.2%	$3.34B
Cost of Revenue	$1.37B	$1.30B ↑12.5%	$1.16B ↓6.4%	$1.24B ↑14.0%	$1.08B ↑38.6%	$783.00M
Gross Profit	$5.74B	$5.50B ↑14.6%	$4.80B ↑18.0%	$4.07B ↑22.1%	$3.33B ↑30.2%	$2.56B
R&D Expenses	$830.90M	$815.50M ↑13.8%	$716.80M ↑16.8%	$613.80M ↑19.8%	$512.40M ↑20.8%	$424.20M
SG&A Expenses	$2.67B	$2.58B ↑13.1%	$2.28B ↑2.9%	$2.22B ↑19.5%	$1.86B ↑24.6%	$1.49B
Operating Income	$2.21B	$2.08B ↑15.4%	$1.80B ↑45.3%	$1.24B ↑28.0%	$969.60M ↑49.1%	$650.40M
Interest Expense	$11.00M	$20.10M ↑0.5%	$20.00M ↓4.8%	$21.00M ↑16.7%	$18.00M ↑20.8%	$14.90M
Income Tax	$464.60M	$439.10M ↑54.7%	$283.90M ↑97.4%	$143.80M ↑366.9%	$30.80M ↑118.4%	$14.10M
Net Income	$1.95B	$1.85B ↑6.2%	$1.75B ↑52.0%	$1.15B ↑33.9%	$857.30M ↑41.3%	$606.80M
EBITDA	$2.47B	$2.46B ↑12.0%	$2.20B ↑49.9%	$1.47B ↑36.2%	$1.08B ↑48.1%	$727.70M
EPS	2.59	2.43 ↑7.5%	2.26 ↑54.8%	1.46 ↑37.7%	1.06 ↑45.2%	0.73
Shares Out (Diluted)	3.04B	748.00M ↓3.1%	771.90M ↓2.1%	788.20M ↓2.1%	805.30M ↓3.6%	835.50M

Metric	TTM	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Revenue	$7.11B	$1.85B ↑20.1%	$1.91B ↑14.8%	$1.72B ↑14.4%	$1.63B ↑13.6%	$1.54B ↑13.8%	$1.66B ↑17.3%	$1.51B ↑13.0%	$1.43B ↑10.9%	$1.35B ↑7.2%	$1.42B ↑10.3%	$1.33B ↑16.1%	$1.29B ↑25.5%	$1.26B ↑32.2%	$1.28B ↑33.1%	$1.15B ↑32.6%	$1.03B ↑28.6%	$954.80M ↑34.4%	$963.60M	$867.20M	$801.10M	$710.30M
Cost of Revenue	$1.37B	$364.50M ↑24.4%	$389.20M ↑23.8%	$318.60M ↑21.0%	$301.70M ↑9.7%	$293.10M ↓3.8%	$314.50M ↓0.4%	$263.40M ↓17.1%	$275.00M ↓7.0%	$304.70M ↓1.0%	$315.90M ↑6.3%	$317.70M ↑12.3%	$295.80M ↑17.9%	$307.80M ↑21.3%	$297.30M ↑30.2%	$283.00M ↑34.0%	$250.80M ↑34.2%	$253.80M ↑62.1%	$228.30M	$211.20M	$186.90M	$156.60M
Gross Profit	$5.74B	$1.49B ↑19.1%	$1.52B ↑12.6%	$1.41B ↑13.0%	$1.33B ↑14.6%	$1.25B ↑18.9%	$1.35B ↑22.4%	$1.24B ↑22.4%	$1.16B ↑16.3%	$1.05B ↑9.9%	$1.10B ↑11.5%	$1.02B ↑17.4%	$997.00M ↑27.9%	$954.50M ↑36.2%	$985.70M ↑34.1%	$866.50M ↑32.1%	$779.30M ↑26.9%	$701.00M ↑26.6%	$735.30M	$656.00M	$614.20M	$553.70M
R&D Expenses	$830.90M	$214.00M ↑7.8%	$205.00M ↑7.3%	$202.40M ↑8.1%	$209.50M ↑26.7%	$198.60M ↑14.8%	$191.10M ↑25.3%	$187.30M ↑19.4%	$165.40M ↑7.9%	$173.00M ↑14.5%	$152.50M ↑18.3%	$156.90M ↑16.8%	$153.30M ↑23.3%	$151.10M ↑21.0%	$128.90M ↑14.5%	$134.30M ↑24.6%	$124.30M ↑16.6%	$124.90M ↑28.5%	$112.60M	$107.80M	$106.60M	$97.20M
SG&A Expenses	$2.67B	$692.50M ↑15.3%	$686.60M ↑18.1%	$644.90M ↑9.8%	$648.90M ↑16.3%	$600.50M ↑8.1%	$581.60M ↑3.4%	$587.60M ↑5.3%	$557.90M ↓1.4%	$555.50M ↑4.6%	$562.50M ↑12.5%	$557.90M ↑19.3%	$565.80M ↑22.8%	$531.10M ↑24.6%	$500.20M ↑22.3%	$467.80M ↑22.2%	$460.90M ↑27.6%	$426.20M ↑26.8%	$409.00M	$382.90M	$361.30M	$336.00M
Operating Income	$2.21B	$580.00M ↑27.8%	$625.60M ↑9.0%	$545.90M ↑15.9%	$456.70M ↑4.5%	$453.80M ↑41.3%	$574.10M ↑49.0%	$470.90M ↑55.3%	$437.20M ↑56.7%	$321.20M ↑17.4%	$385.40M ↑7.7%	$303.20M ↑14.2%	$279.00M ↑42.9%	$273.50M ↑81.1%	$357.80M ↑66.5%	$265.50M ↑59.6%	$195.30M ↑32.4%	$151.00M ↑24.2%	$214.90M	$166.40M	$147.50M	$121.60M
Interest Expense	$11.00M	-$4.20M ↓185.7%	$4.40M ↓10.2%	$6.20M ↑24.0%	$4.60M ↓8.0%	$4.90M ↓3.9%	$4.90M ↓9.3%	$5.00M ↓7.4%	$5.00M ↓3.8%	$5.10M ↑2.0%	$5.40M ↑20.0%	$5.40M ↑20.0%	$5.20M ↑15.6%	$5.00M ↑11.1%	$4.50M -	$4.50M ↓2.2%	$4.50M -	$4.50M ↑246.2%	$4.50M	$4.60M	$4.50M	$1.30M
Income Tax	$464.60M	$122.00M ↑26.4%	$144.80M ↑67.0%	$120.70M ↑48.6%	$77.10M ↑0.8%	$96.50M ↑144.3%	$86.70M ↓8.9%	$81.20M	$76.50M ↑177.2%	$39.50M ↑85.4%	$95.20M ↑934.8%	-$300,000.00 ↓101.1%	$27.60M	$21.30M ↑363.0%	$9.20M ↑148.6%	$27.30M ↑393.5%	$2.40M ↓68.0%	-$8.10M ↓166.4%	$3.70M	-$9.30M	$7.50M	$12.20M
Net Income	$1.95B	$534.50M ↑23.3%	$506.00M ↓3.8%	$473.90M ↓12.2%	$440.10M ↑15.9%	$433.40M ↑44.8%	$526.20M ↑69.3%	$539.90M ↑67.2%	$379.80M ↑42.6%	$299.30M ↑20.8%	$310.90M ↓0.9%	$322.90M ↑39.4%	$266.30M ↑53.5%	$247.70M ↑79.0%	$313.80M ↑57.7%	$231.60M ↑42.0%	$173.50M ↑26.2%	$138.40M ↑29.1%	$199.00M	$163.10M	$137.50M	$107.20M
EBITDA	$2.47B	$580.00M ↑3.6%	$694.70M ↑5.5%	$639.20M ↓3.3%	$560.20M ↑11.5%	$560.00M ↑47.7%	$658.50M ↑45.9%	$661.20M ↑82.9%	$502.50M ↑51.4%	$379.10M ↑17.2%	$451.20M ↑12.8%	$361.50M ↑22.3%	$331.80M ↑55.4%	$323.60M ↑91.8%	$400.00M ↑68.7%	$295.60M ↑60.5%	$213.50M ↑26.8%	$168.70M ↑22.2%	$237.10M	$184.20M	$168.40M	$138.00M
EPS	2.59	0.72 ↑28.6%	0.68 -	0.62 ↓11.4%	0.57 ↑16.3%	0.56 ↑43.6%	0.68 ↑70.0%	0.70 ↑70.7%	0.49 ↑48.5%	0.39 ↑25.8%	0.40 -	0.41 ↑41.4%	0.33 ↑57.1%	0.31 ↑82.4%	0.40 ↑66.7%	0.29 ↑52.6%	0.21 ↑31.2%	0.17 ↑30.8%	0.24	0.19	0.16	0.13
Shares Out (Diluted)	3.04B	742.80M ↓4.4%	748.00M ↓3.5%	770.20M ↓0.2%	774.80M ↑0.6%	776.80M ↑0.8%	775.20M ↑0.4%	771.90M ↓2.4%	769.90M ↓3.3%	770.50M ↓2.9%	772.30M ↓2.5%	791.20M ↓0.9%	795.90M ↓1.8%	793.40M ↓3.4%	791.80M ↓5.2%	798.60M ↓4.8%	810.10M ↓3.0%	821.00M ↓1.3%	835.00M	838.60M	835.40M	832.00M

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Cash & Equiv.	$2.22B	$2.50B ↓13.2%	$2.88B ↑105.7%	$1.40B ↓16.9%	$1.68B ↑27.6%	$1.32B
Accounts Receivable	$1.49B	$1.69B ↑15.6%	$1.46B ↑4.4%	$1.40B ↑11.1%	$1.26B ↑56.2%	$807.70M
Inventory	$369.60M	$399.50M ↑26.6%	$315.50M ↓34.9%	$484.80M ↑83.2%	$264.60M ↑50.5%	$175.80M
Current Assets	$5.33B	$5.90B ↓1.2%	$5.97B ↑34.8%	$4.43B ↑16.2%	$3.81B ↑5.8%	$3.60B
Goodwill & Intangibles	$344.40M	$354.70M ↑1.2%	$350.40M ↑116.6%	$161.80M ↓12.1%	$184.00M ↓2.5%	$188.70M
Total Assets	$9.88B	$10.39B ↑6.4%	$9.76B ↑34.5%	$7.26B ↑16.6%	$6.23B ↑5.2%	$5.92B
Accounts Payable	$238.70M	$230.80M ↑20.9%	$190.90M ↓6.6%	$204.30M ↓16.1%	$243.40M ↑64.0%	$148.40M
Short-term Debt	$0.00	$499.70M	$0.00	$0.00	$0.00	$0.00
Current Liabilities	$4.62B	$5.03B ↑24.0%	$4.06B ↑9.2%	$3.72B ↑20.8%	$3.08B ↑32.8%	$2.32B
Long-term Debt	$496.80M	$496.60M ↓50.1%	$994.30M ↑0.2%	$992.30M ↑0.2%	$990.40M ↑0.2%	$988.40M
Total Debt	$496.80M	$996.30M ↑0.2%	$994.30M ↑0.2%	$992.30M ↑0.2%	$990.40M ↑0.2%	$988.40M
Total Liabilities	$8.89B	$9.15B ↑10.7%	$8.27B ↑7.1%	$7.72B ↑18.6%	$6.51B ↑27.1%	$5.12B
Retained Earnings	-$782.00M	-$507.90M ↓333.7%	-$117.10M ↑93.7%	-$1.86B ↓20.4%	-$1.55B ↓230.5%	-$467.90M
Total Equity	$989.70M	$1.24B ↓17.2%	$1.49B ↑422.4%	-$463.40M ↓64.6%	-$281.60M ↓136.0%	$781.70M

Metric	TTM	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Cash & Equiv.	$2.22B	$2.22B ↓38.2%	$2.50B ↓13.2%	$2.00B ↓19.8%	$3.37B ↑52.9%	$3.60B ↑86.7%	$2.88B ↑105.7%	$2.49B ↑13.8%	$2.20B ↓7.3%	$1.93B ↓16.4%	$1.40B ↓16.9%	$2.19B ↑126.8%	$2.38B ↑234.7%	$2.30B ↑149.5%	$1.68B ↑27.6%	$964.00M ↓48.0%	$710.00M ↓62.2%	$923.50M ↓50.4%	$1.32B	$1.85B	$1.88B	$1.86B
Accounts Receivable	$1.49B	$1.49B ↑26.6%	$1.69B ↑15.6%	$1.17B ↑11.9%	$1.22B ↑12.2%	$1.17B ↑17.8%	$1.46B ↑4.4%	$1.04B ↑3.0%	$1.08B ↑0.4%	$996.20M ↓8.4%	$1.40B ↑11.1%	$1.01B ↑5.3%	$1.08B ↑17.3%	$1.09B ↑37.6%	$1.26B ↑56.2%	$963.20M ↑59.2%	$919.50M ↑57.3%	$790.40M ↑24.0%	$807.70M	$604.90M	$584.60M	$637.30M
Inventory	$369.60M	$369.60M ↑1.9%	$399.50M ↑26.6%	$426.60M ↑20.4%	$405.20M ↑5.7%	$362.70M ↓17.5%	$315.50M ↓34.9%	$354.30M ↓24.2%	$383.20M ↑1.8%	$439.50M ↑45.2%	$484.80M ↑83.2%	$467.50M ↑116.6%	$376.30M ↑92.8%	$302.70M ↑64.0%	$264.60M ↑50.5%	$215.80M ↑21.3%	$195.20M ↑30.3%	$184.60M ↑23.4%	$175.80M	$177.90M	$149.80M	$149.60M
Current Assets	$5.33B	$5.33B ↓17.2%	$5.90B ↓1.2%	$4.91B ↓5.9%	$6.35B ↑29.0%	$6.44B ↑41.3%	$5.97B ↑34.8%	$5.22B ↑9.8%	$4.92B ↑0.8%	$4.56B ↑4.6%	$4.43B ↑16.2%	$4.75B ↑59.4%	$4.88B ↑65.2%	$4.36B ↑35.9%	$3.81B ↑5.8%	$2.98B ↓24.8%	$2.95B ↓24.4%	$3.21B ↓15.2%	$3.60B	$3.96B	$3.91B	$3.78B
Goodwill & Intangibles	$344.40M	$344.40M ↓3.6%	$354.70M ↑1.2%	$368.50M ↑13.6%	$382.20M ↑141.7%	$357.40M ↑119.1%	$350.40M ↑116.6%	$324.40M ↑96.6%	$158.10M ↓7.3%	$163.10M ↓8.8%	$161.80M ↓12.1%	$165.00M ↑3.8%	$170.60M ↑2.3%	$178.90M -	$184.00M ↓2.5%	$159.00M ↓19.9%	$166.70M ↑30.3%	$178.90M ↑36.0%	$188.70M	$198.60M	$127.90M	$131.50M
Total Assets	$9.88B	$9.88B ↓5.0%	$10.39B ↑6.4%	$9.36B ↑5.8%	$10.64B ↑32.1%	$10.41B ↑35.8%	$9.76B ↑34.5%	$8.85B ↑18.4%	$8.05B ↑7.6%	$7.66B ↑12.1%	$7.26B ↑16.6%	$7.48B ↑40.2%	$7.49B ↑41.4%	$6.83B ↑20.9%	$6.23B ↑5.2%	$5.34B ↓10.6%	$5.29B ↓4.8%	$5.65B ↑7.0%	$5.92B	$5.97B	$5.56B	$5.28B
Accounts Payable	$238.70M	$238.70M ↑6.3%	$230.80M ↑20.9%	$221.30M ↑24.4%	$245.20M ↑85.6%	$224.50M ↑66.1%	$190.90M ↓6.6%	$177.90M ↓29.9%	$132.10M ↓44.6%	$135.20M ↓43.3%	$204.30M ↓16.1%	$253.90M ↑18.0%	$238.30M ↑23.4%	$238.40M ↑36.5%	$243.40M ↑64.0%	$215.10M ↑51.2%	$193.10M ↑46.3%	$174.70M ↑34.9%	$148.40M	$142.30M	$132.00M	$129.50M
Short-term Debt	$0.00	$0.00 ↓100.0%	$499.70M	$499.40M	$499.00M	$498.70M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00 ↓100.0%	$0.00	$0.00	$0.00	$17.60M	$0.00	$0.00
Current Liabilities	$4.62B	$4.62B ↓2.2%	$5.03B ↑24.0%	$4.79B ↑23.2%	$4.78B ↑28.2%	$4.73B ↑24.4%	$4.06B ↑9.2%	$3.88B ↑6.4%	$3.73B ↑6.4%	$3.80B ↑16.5%	$3.72B ↑20.8%	$3.65B ↑31.3%	$3.50B ↑32.9%	$3.26B ↑29.9%	$3.08B ↑32.8%	$2.78B ↑26.5%	$2.63B ↑31.8%	$2.51B ↑33.6%	$2.32B	$2.20B	$2.00B	$1.88B
Long-term Debt	$496.80M	$496.80M ↑0.1%	$496.60M ↓50.1%	$496.50M ↓50.0%	$496.30M ↓50.0%	$496.20M ↓50.0%	$994.30M ↑0.2%	$993.80M ↑0.2%	$993.30M ↑0.2%	$992.80M ↑0.2%	$992.30M ↑0.2%	$991.80M ↑0.2%	$991.30M ↑0.2%	$990.90M ↑0.2%	$990.40M ↑0.2%	$989.90M ↑0.2%	$989.40M ↑0.2%	$988.90M ↑0.2%	$988.40M	$988.00M	$987.50M	$987.00M
Total Debt	$496.80M	$496.80M ↓50.1%	$996.30M ↑0.2%	$995.90M ↑0.2%	$995.30M ↑0.2%	$994.90M ↑0.2%	$994.30M ↑0.2%	$993.80M ↑0.2%	$993.30M ↑0.2%	$992.80M ↑0.2%	$992.30M ↑0.2%	$991.80M ↑0.2%	$991.30M ↑0.2%	$990.90M ↑0.2%	$990.40M ↑0.2%	$989.90M ↓1.6%	$989.40M ↑0.2%	$988.90M ↑0.2%	$988.40M	$1.01B	$987.50M	$987.00M
Total Liabilities	$8.89B	$8.89B ↑5.3%	$9.15B ↑10.7%	$8.63B ↑8.6%	$8.58B ↑10.5%	$8.44B ↑8.3%	$8.27B ↑7.1%	$7.94B ↑7.3%	$7.76B ↑8.4%	$7.80B ↑14.3%	$7.72B ↑18.6%	$7.41B ↑24.3%	$7.16B ↑26.3%	$6.82B ↑25.9%	$6.51B ↑27.1%	$5.96B ↑23.2%	$5.67B ↑25.8%	$5.42B ↑26.0%	$5.12B	$4.83B	$4.51B	$4.30B
Retained Earnings	-$782.00M	-$782.00M ↓347.2%	-$507.90M ↓333.7%	-$958.50M ↓49.0%	$364.40M ↑130.8%	$316.30M ↑120.2%	-$117.10M ↑93.7%	-$643.30M ↑50.5%	-$1.18B ↓14.5%	-$1.56B ↓20.3%	-$1.86B ↓20.4%	-$1.30B ↑30.1%	-$1.03B ↑35.8%	-$1.30B ↓29.4%	-$1.55B ↓230.5%	-$1.86B	-$1.61B ↓721.5%	-$1.00B ↓309.7%	-$467.90M	-$138.60M	-$195.70M	-$244.90M
Total Equity	$989.70M	$989.70M ↓49.6%	$1.24B ↓17.2%	$735.10M ↓19.1%	$2.06B ↑614.9%	$1.96B	$1.49B ↑422.4%	$908.10M	$288.20M ↓10.3%	-$137.50M	-$463.40M ↓64.6%	$74.10M ↑111.7%	$321.20M ↑181.8%	$11.40M ↓94.8%	-$281.60M ↓136.0%	-$634.70M ↓156.8%	-$392.90M ↓137.4%	$217.70M ↓77.8%	$781.70M	$1.12B	$1.05B	$980.80M

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Net Income	$1.95B	$1.85B ↑6.2%	$1.75B ↑52.0%	$1.15B ↑34.0%	$856.60M ↑41.2%	$606.70M
D&A	$300.70M	$336.30M ↑173.9%	$122.80M ↑8.3%	$113.40M ↑8.7%	$104.30M ↑23.6%	$84.40M
Stock-Based Comp	$286.50M	$279.50M ↑8.4%	$257.90M ↑3.6%	$249.00M ↑14.6%	$217.30M ↑4.5%	$207.90M
Working Capital Δ	-$292.50M	-$10.40M ↑49.5%	-$20.60M ↓116.3%	$126.10M ↓45.9%	$233.00M ↓42.1%	$402.40M
Operating Cash Flow	$2.80B	$2.59B ↑14.7%	$2.26B ↑16.7%	$1.94B ↑11.8%	$1.73B ↑15.4%	$1.50B
Capital Expenditure	-$368.90M	-$364.80M ↑3.7%	-$378.90M ↓85.6%	-$204.10M ↑27.4%	-$281.20M ↑5.0%	-$295.90M
Free Cash Flow	$2.44B	$2.23B ↑18.4%	$1.88B ↑8.5%	$1.73B ↑19.5%	$1.45B ↑20.4%	$1.20B
Dividends Paid	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Share Buybacks	-$3.11B	-$2.29B	-$600,000.00 ↑100.0%	-$1.50B ↑24.6%	-$1.99B ↓168.4%	-$741.80M

Metric	TTM	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Net Income	$1.95B	$534.50M ↑23.3%	$506.00M ↓3.8%	$473.90M ↓12.2%	$440.10M ↑15.9%	$433.40M ↑44.8%	$526.20M ↑69.3%	$539.90M ↑67.2%	$379.80M ↑42.6%	$299.30M ↑20.8%	$310.90M ↓0.9%	$322.90M ↑39.7%	$266.30M ↑53.6%	$247.70M ↑79.1%	$313.80M ↑57.8%	$231.10M ↑41.6%	$173.40M ↑26.1%	$138.30M ↑29.0%	$198.80M	$163.20M	$137.50M	$107.20M
D&A	$300.70M	$94.20M ↑163.1%	$129.80M ↑268.8%	$38.40M ↑28.9%	$38.30M ↑31.2%	$35.80M ↑25.2%	$35.20M ↑16.6%	$29.80M ↑5.3%	$29.20M ↑6.6%	$28.60M ↑4.0%	$30.20M ↑10.6%	$28.30M ↑7.2%	$27.40M ↑9.2%	$27.50M ↑7.8%	$27.30M ↑7.9%	$26.40M ↑15.3%	$25.10M ↑32.8%	$25.50M ↑47.4%	$25.30M	$22.90M	$18.90M	$17.30M
Stock-Based Comp	$286.50M	$72.50M ↑9.7%	$73.10M ↑11.1%	$71.80M ↑9.0%	$69.10M ↑8.1%	$66.10M ↑6.1%	$65.80M ↑3.8%	$65.90M ↑2.5%	$63.90M ↓1.7%	$62.30M ↑10.7%	$63.40M ↑15.9%	$64.30M ↑17.6%	$65.00M ↑18.8%	$56.30M ↑5.8%	$54.70M ↑3.0%	$54.70M ↑3.8%	$54.70M ↑4.0%	$53.20M ↑7.5%	$53.10M	$52.70M	$52.60M	$49.50M
Working Capital Δ	-$292.50M	$0.00 ↓100.0%	-$134.60M ↑35.0%	$1.30M ↓94.2%	-$159.20M ↑22.9%	$295.80M ↓20.2%	-$207.10M ↑27.6%	$22.60M ↓66.7%	-$206.60M ↓339.4%	$370.50M ↑43.7%	-$285.90M	$67.80M ↓37.6%	$86.30M	$257.90M ↑138.8%	$24.40M ↓19.2%	$108.60M ↑2.4%	-$8.00M ↓104.8%	$108.00M ↑7.4%	$30.20M	$106.10M	$165.50M	$100.60M
Operating Cash Flow	$2.80B	$1.08B ↑24.8%	$620.20M ↑29.9%	$655.20M ↑7.7%	$451.90M ↑32.1%	$863.30M ↑4.0%	$477.60M ↑149.1%	$608.10M ↑10.3%	$342.00M ↓33.6%	$830.40M ↑22.6%	$191.70M ↓63.7%	$551.20M ↑14.1%	$515.10M ↑59.3%	$677.50M ↑71.0%	$528.10M ↑44.0%	$483.00M ↑21.1%	$323.40M ↓22.7%	$396.10M ↑25.4%	$366.80M	$398.80M	$418.20M	$315.90M
Capital Expenditure	-$368.90M	-$70.60M ↓6.2%	-$42.80M ↑56.1%	-$87.70M ↓141.6%	-$167.80M ↓626.4%	-$66.50M ↑70.0%	-$97.60M ↓262.8%	-$36.30M ↑48.2%	-$23.10M ↑69.9%	-$221.90M ↓632.3%	-$26.90M ↑12.9%	-$70.10M ↑20.2%	-$76.80M ↓92.5%	-$30.30M ↑75.3%	-$30.90M ↑79.6%	-$87.80M ↓27.2%	-$39.90M ↓69.8%	-$122.60M ↓135.3%	-$151.30M	-$69.00M	-$23.50M	-$52.10M
Free Cash Flow	$2.44B	$1.01B ↑26.3%	$577.40M ↑51.9%	$567.50M ↓0.8%	$284.10M ↓10.9%	$796.80M ↑30.9%	$380.00M ↑130.6%	$571.80M ↑18.9%	$318.90M ↓27.2%	$608.50M ↓6.0%	$164.80M ↓66.9%	$481.10M ↑21.7%	$438.30M ↑54.6%	$647.20M ↑136.6%	$497.20M ↑130.7%	$395.20M ↑19.8%	$283.50M ↓28.2%	$273.50M ↑3.7%	$215.50M	$329.80M	$394.70M	$263.80M
Dividends Paid	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Share Buybacks	-$3.11B	-$823.00M	-$57.20M	-$1.83B	-$401.10M	$0.00	$0.00 ↑100.0%	-$600,000.00 ↑99.9%	$0.00	$0.00	-$896.20M	-$604.30M ↓20.9%	$0.00 ↑100.0%	$0.00 ↑100.0%	$0.00 ↑100.0%	-$500.00M ↓537.8%	-$800.00M ↓773.4%	-$691.20M	-$571.80M	-$78.40M	-$91.60M	$0.00