Financial Statements — LAD
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.16 | 0.21 | 0.20 | 0.23 | 0.21 | 0.52 | 0.26 | 0.29 | 0.23 | 0.32 | 0.17 | 0.06 | 0.13 | 0.14 | 0.78 | 0.17 |
| Accounts Receivable | 1.26 | 1.21 | 1.24 | 1.40 | 1.21 | 1.24 | 1.25 | 1.00 | 0.88 | 0.84 | 1.00 | 0.98 | 0.92 | 0.81 | 0.80 | 0.74 |
| Inventory | 6.19 | 5.94 | 6.06 | 5.75 | 6.10 | 6.24 | 5.86 | 4.40 | 4.28 | 3.86 | 3.31 | 2.99 | 2.70 | 2.01 | 2.24 | 2.33 |
| Total Current Assets | 8.15 | 7.93 | 7.94 | 7.80 | 7.89 | 8.36 | 7.73 | 5.82 | 5.49 | 5.15 | 4.68 | 4.16 | 3.88 | 3.08 | 3.87 | 3.29 |
| Property, Plant & Equipment | 4.99 | 4.78 | 4.73 | 4.66 | 4.66 | 4.62 | 4.50 | 3.95 | 3.91 | 3.72 | 3.47 | 3.39 | 3.24 | 2.35 | 2.30 | 2.22 |
| Goodwill | 2.47 | 2.44 | 2.45 | 2.40 | 2.13 | 2.12 | 2.08 | 1.73 | 1.61 | 1.52 | 1.46 | 1.24 | 1.02 | 0.74 | 0.62 | 0.62 |
| Total Non-current Assets* | 17.60 | 12.58 | 12.21 | 11.77 | 15.37 | 14.85 | 14.45 | 12.45 | 12.19 | 11.27 | 9.39 | 8.85 | 8.20 | 7.13 | 6.22 | 4.96 |
| Total Assets | 25.75 | 24.52 | 24.16 | 23.48 | 23.26 | 23.21 | 22.18 | 18.27 | 17.68 | 16.42 | 14.07 | 13.01 | 12.08 | 10.20 | 10.09 | 8.25 |
| Accounts Payable | 0.49 | 0.34 | 0.37 | 0.36 | 0.30 | 0.38 | 0.33 | 0.31 | 0.30 | 0.32 | 0.24 | 0.27 | 0.26 | 0.25 | 0.26 | 0.20 |
| Total Current Liabilities | 8.20 | 6.53 | 6.51 | 6.62 | 6.66 | 7.02 | 6.59 | 4.38 | 4.05 | 3.95 | 2.83 | 2.61 | 2.83 | 2.18 | 2.60 | 2.61 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.22 | 4.72 | 3.40 | 2.59 | 2.52 | 2.12 |
| Total Non-current Liabilities* | 11.14 | 11.20 | 10.64 | 10.08 | 9.97 | 9.75 | 9.17 | 7.83 | 7.83 | 6.99 | 6.22 | 5.66 | 4.31 | 3.44 | 3.27 | 2.83 |
| Total Liabilities | 19.34 | 17.73 | 17.15 | 16.70 | 16.63 | 16.77 | 15.76 | 12.20 | 11.88 | 10.94 | 9.05 | 8.27 | 7.14 | 5.63 | 5.86 | 5.44 |
| Retained Earnings | 6.34 | 6.39 | 6.19 | 5.95 | 5.56 | 5.36 | 5.16 | 4.81 | 4.57 | 4.28 | 3.83 | 3.51 | 3.19 | 2.58 | 2.28 | 1.99 |
| Total Stockholder Equity | 6.38 | 6.77 | 6.99 | 6.76 | 6.60 | 6.37 | 6.35 | 6.00 | 5.76 | 5.44 | 4.98 | 4.69 | 4.90 | 4.54 | 4.23 | 2.81 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | 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 |
|---|
| Total Revenue | 9.27 | 9.20 | 9.68 | 9.58 | 9.18 | 9.17 | 9.22 | 9.23 | 8.56 | 7.68 | 8.28 | 8.11 | 6.97 | 6.95 | 7.30 | 7.24 | 6.71 | 6.31 | 6.17 | 6.01 |
| Cost of Revenue | 7.85 | 7.83 | 8.21 | 8.10 | 7.77 | 7.80 | 7.79 | 7.81 | 7.23 | 6.42 | 6.91 | 6.73 | 5.76 | 5.74 | 5.98 | 5.89 | 5.43 | 5.07 | 4.98 | 4.90 |
| Gross Profit | 1.42 | 1.37 | 1.47 | 1.49 | 1.41 | 1.37 | 1.43 | 1.42 | 1.34 | 1.26 | 1.37 | 1.39 | 1.21 | 1.21 | 1.31 | 1.35 | 1.28 | 1.24 | 1.19 | 1.11 |
| Selling, General & Admin | 1.04 | 0.98 | 1.00 | 1.01 | 0.95 | 0.90 | 0.94 | 0.98 | 0.93 | 0.84 | 0.85 | 0.84 | 0.76 | 0.79 | 0.75 | 0.78 | 0.73 | 0.70 | 0.67 | 0.63 |
| Total Operating Expenses* | 1.09 | 1.03 | 1.04 | 1.06 | 1.00 | 0.96 | 1.01 | 1.03 | 0.99 | 0.89 | 0.91 | 0.91 | 0.83 | 0.83 | 0.79 | 0.82 | 0.77 | 0.74 | 0.71 | 0.66 |
| Operating Income | 0.34 | 0.34 | 0.42 | 0.43 | 0.41 | 0.42 | 0.42 | 0.39 | 0.34 | 0.37 | 0.47 | 0.48 | 0.38 | 0.38 | 0.52 | 0.53 | 0.51 | 0.50 | 0.48 | 0.45 |
| Pretax Income | 0.14 | 0.19 | 0.28 | 0.35 | 0.28 | 0.29 | 0.29 | 0.28 | 0.22 | 0.28 | 0.36 | 0.41 | 0.31 | 0.34 | 0.46 | 0.47 | 0.47 | 0.43 | 0.42 | 0.42 |
| Tax Provision | 0.04 | 0.05 | 0.06 | 0.09 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.10 | 0.11 | 0.08 | 0.09 | 0.13 | 0.13 | 0.13 | 0.14 | 0.11 | 0.11 |
| Net Income | 0.10 | 0.14 | 0.22 | 0.26 | 0.21 | 0.22 | 0.21 | 0.21 | 0.16 | 0.21 | 0.26 | 0.30 | 0.23 | 0.25 | 0.33 | 0.33 | 0.34 | 0.29 | 0.31 | 0.30 |
| Basic EPS | 4.29 | 5.90 | 8.63 | 9.89 | 7.96 | 8.11 | 7.82 | 7.88 | 5.90 | 7.76 | 9.49 | 10.79 | 8.32 | 9.15 | 11.97 | 11.67 | 11.59 | 9.94 | 10.18 | 10.83 |
| Diluted EPS | 4.28 | 5.90 | 8.61 | 9.87 | 7.94 | 8.09 | 7.80 | 7.87 | 5.89 | 7.75 | 9.46 | 10.78 | 8.30 | 9.10 | 11.92 | 11.60 | 11.55 | 9.87 | 10.11 | 10.75 |
* Derived from reported values
Cash Flow Statement
(in billions USD)| Metric | 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 |
|---|
| Operating Cash Flow | (0.11) | 0.12 | (0.10) | 0.01 | 0.32 | 0.06 | 0.22 | (0.15) | 0.29 | (0.30) | 0.12 | (0.25) | (0.05) | (0.09) | (0.25) | (0.29) | 0.03 | (0.19) | 0.73 | 0.77 |
| Capital Expenditures | 0.10 | 0.09 | 0.11 | 0.08 | 0.07 | 0.08 | 0.06 | 0.13 | 0.08 | 0.07 | 0.07 | 0.06 | 0.04 | 0.09 | 0.07 | 0.08 | 0.06 | 0.07 | 0.08 | 0.06 |
| Free Cash Flow* | (0.21) | 0.03 | (0.21) | (0.07) | 0.25 | (0.02) | 0.16 | (0.28) | 0.21 | (0.36) | 0.05 | (0.31) | (0.09) | (0.19) | (0.33) | (0.37) | (0.03) | (0.26) | 0.64 | 0.70 |
| Investing Cash Flow | (0.24) | (0.55) | (0.16) | (0.20) | (0.12) | (0.03) | (0.31) | (0.25) | (1.27) | (0.03) | (0.24) | (0.59) | (0.41) | (0.31) | (0.23) | (0.43) | (0.36) | (0.33) | (0.74) | (1.38) |
| Financing Cash Flow | 0.43 | 0.35 | 0.28 | 0.16 | (0.17) | 0.03 | (0.24) | 0.67 | 0.45 | 0.98 | 0.18 | 0.74 | 0.51 | 0.44 | 0.62 | 0.67 | 0.32 | 0.56 | (0.63) | 1.22 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | 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 |
|---|
| Dividends Per Share | 0.55 | 0.55 | 0.55 | 0.55 | 0.53 | 0.53 | 0.53 | 0.53 | 0.50 | 0.50 | 0.50 | 0.50 | 0.42 | 0.42 | 0.42 | 0.42 | 0.35 | 0.35 | 0.35 | 0.35 |
