Financial Statements — SEB
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 | 0.11 | 0.21 | 0.12 | 0.09 | 0.11 | 0.08 | 0.08 | 0.10 | 0.07 | 0.08 | 0.07 | 0.10 | 0.09 | 0.06 | 0.09 | 0.07 |
| Short-term Investments | 1.05 | 1.04 | 0.99 | 1.01 | 1.10 | 1.07 | 1.08 | 1.13 | 1.23 | 1.21 | 1.02 | 1.10 | 1.30 | 1.52 | 1.48 | 1.38 |
| Accounts Receivable | 0.75 | 0.81 | 0.83 | 0.79 | 0.82 | 0.82 | 0.77 | 0.73 | 0.82 | 0.83 | 0.88 | 0.94 | 0.84 | 0.66 | 0.64 | 0.67 |
| Inventory | 1.72 | 1.38 | 1.53 | 1.47 | 1.36 | 1.40 | 1.32 | 1.52 | 1.61 | 1.59 | 1.82 | 1.84 | 1.70 | 1.54 | 1.50 | 1.36 |
| Total Current Assets | 3.76 | 3.56 | 3.60 | 3.49 | 3.51 | 3.50 | 3.39 | 3.61 | 3.87 | 3.87 | 3.96 | 4.14 | 4.07 | 3.91 | 3.88 | 3.61 |
| Property, Plant & Equipment | 2.87 | 2.77 | 2.67 | 2.59 | 2.52 | 2.47 | 2.43 | 2.33 | 2.29 | 2.26 | 2.23 | 2.15 | 2.05 | 1.84 | 1.74 | 1.66 |
| Goodwill | 0.17 | 0.17 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.17 | 0.16 | 0.17 |
| Intangible Assets | -- | -- | -- | -- | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 |
| Total Non-current Assets* | 4.67 | 4.40 | 4.25 | 4.14 | 4.02 | 4.20 | 4.19 | 3.99 | 3.94 | 3.93 | 3.79 | 3.67 | 3.60 | 3.34 | 3.19 | 3.08 |
| Total Assets | 8.43 | 7.96 | 7.86 | 7.63 | 7.53 | 7.70 | 7.58 | 7.60 | 7.81 | 7.80 | 7.74 | 7.81 | 7.67 | 7.26 | 7.07 | 6.69 |
| Accounts Payable | 0.36 | 0.32 | 0.32 | 0.35 | 0.36 | 0.36 | 0.35 | 0.37 | 0.35 | 0.37 | 0.42 | 0.54 | 0.47 | 0.40 | 0.39 | 0.34 |
| Total Current Liabilities | 1.58 | 1.46 | 1.50 | 1.38 | 1.44 | 1.43 | 1.33 | 1.17 | 1.46 | 1.45 | 1.60 | 1.76 | 1.63 | 1.44 | 1.41 | 1.18 |
| Long-term Debt | 0.97 | 0.98 | 0.98 | 0.99 | 0.99 | 0.99 | 0.99 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.71 | 0.71 | 0.71 | 0.70 |
| Total Non-current Liabilities* | 1.49 | 1.53 | 1.50 | 1.48 | 1.53 | 1.56 | 1.59 | 1.25 | 1.29 | 1.33 | 1.38 | 1.41 | 1.50 | 1.53 | 1.47 | 1.49 |
| Total Liabilities* | 3.07 | 2.99 | 3.00 | 2.87 | 2.97 | 2.99 | 2.92 | 2.41 | 2.74 | 2.79 | 2.99 | 3.19 | 3.15 | 2.98 | 2.90 | 2.68 |
| Retained Earnings | 5.67 | 5.30 | 5.21 | 5.13 | 4.95 | 5.10 | 5.05 | 5.57 | 5.45 | 5.40 | 5.20 | 5.05 | 4.95 | 4.73 | 4.64 | 4.46 |
| Total Stockholder Equity | 5.34 | 4.95 | 4.84 | 4.75 | 4.55 | 4.70 | 4.64 | 5.17 | 5.04 | 4.99 | 4.75 | 4.62 | 4.51 | 4.27 | 4.17 | 4.01 |
* 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 | 2.40 | 2.41 | 2.54 | 2.48 | 2.32 | 2.48 | 2.22 | 2.21 | 2.19 | 2.28 | 2.39 | 2.39 | 2.50 | 2.67 | 2.90 | 2.97 | 2.71 | 2.46 | 2.28 | 2.43 |
| Cost of Revenue | 2.18 | 2.22 | 2.34 | 2.32 | 2.17 | 2.26 | 2.08 | 2.08 | 2.10 | 2.26 | 2.22 | 2.30 | 2.47 | 2.40 | 2.65 | 2.69 | 2.47 | 2.28 | 2.08 | 2.18 |
| Gross Profit | 0.22 | 0.19 | 0.20 | 0.16 | 0.14 | 0.22 | 0.14 | 0.13 | 0.09 | 0.02 | 0.17 | 0.10 | 0.03 | 0.27 | 0.25 | 0.28 | 0.24 | 0.19 | 0.20 | 0.25 |
| Selling, General & Admin | 0.12 | 0.13 | 0.11 | 0.11 | 0.10 | 0.11 | 0.11 | 0.10 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.09 | 0.10 | 0.09 | 0.09 |
| Total Operating Expenses* | 0.12 | 0.13 | 0.11 | 0.11 | 0.10 | 0.11 | 0.11 | 0.10 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.09 | 0.10 | 0.09 | 0.17 |
| Operating Income | 0.10 | 0.07 | 0.08 | 0.05 | 0.04 | 0.11 | 0.03 | 0.03 | (0.02) | (0.09) | 0.07 | -0.00 | (0.06) | 0.16 | 0.16 | 0.19 | 0.15 | 0.09 | 0.11 | 0.17 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.02 | 0.01 | 0.02 | -- | 0.02 | 0.01 | 0.01 | -- | -- | 0.01 | 0.01 |
| Pretax Income | 0.14 | 0.13 | 0.13 | 0.11 | 0.04 | 0.14 | 0.04 | 0.05 | 0.02 | (0.02) | 0.09 | 0.05 | (0.01) | 0.25 | 0.14 | 0.06 | 0.12 | 0.13 | 0.10 | 0.20 |
| Tax Provision | 0.02 | (0.12) | 0.02 | 0.01 | 0.01 | (0.02) | 0.19 | (0.01) | 0.00 | (0.09) | (0.03) | -0.00 | 0.00 | 0.03 | -0.00 | (0.05) | 0.02 | 0.01 | 0.01 | 0.02 |
| Net Income | 0.12 | 0.26 | 0.11 | 0.10 | 0.03 | 0.16 | (0.15) | 0.06 | 0.02 | 0.07 | 0.13 | 0.05 | (0.02) | 0.22 | 0.15 | 0.11 | 0.10 | 0.12 | 0.09 | 0.18 |
| Basic EPS | 124.24 | 262.58 | 113.71 | 105.22 | 32.95 | 158.58 | (153.44) | 62.82 | 22.66 | 62.64 | 108.55 | 44.80 | (13.78) | 192.07 | 125.78 | 92.53 | 89.28 | 103.27 | 81.50 | 151.56 |
| Diluted EPS | 124.24 | 262.58 | 113.71 | 105.22 | 32.95 | 158.59 | (153.44) | 62.82 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions 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 | (54.00) | 188.00 | 319.00 | 81.00 | (20.00) | 300.00 | 194.00 | 6.00 | 19.00 | 129.00 | 377.00 | 111.00 | 93.00 | 299.00 | 260.00 | 11.00 | 106.00 | (4.00) | 164.00 | 82.00 |
| Capital Expenditures | 96.00 | 135.00 | 167.00 | 151.00 | 109.00 | 138.00 | 136.00 | 133.00 | 104.00 | 162.00 | 125.00 | 108.00 | 111.00 | 107.00 | 94.00 | 112.00 | 161.00 | 136.00 | 101.00 | 127.00 |
| Free Cash Flow* | (150.00) | 53.00 | 152.00 | (70.00) | (129.00) | 162.00 | 58.00 | (127.00) | (85.00) | (33.00) | 252.00 | 3.00 | (18.00) | 192.00 | 166.00 | (101.00) | (55.00) | (140.00) | 63.00 | (45.00) |
| Investing Cash Flow | (87.00) | (142.00) | (200.00) | (146.00) | (55.00) | (163.00) | (115.00) | (93.00) | (113.00) | 49.00 | (40.00) | (91.00) | (191.00) | (112.00) | (206.00) | (22.00) | (97.00) | (21.00) | (176.00) | (174.00) |
| Financing Cash Flow | 74.00 | (73.00) | (33.00) | 88.00 | 62.00 | (140.00) | (56.00) | 89.00 | 119.00 | (225.00) | (305.00) | (35.00) | (16.00) | (56.00) | (80.00) | 11.00 | 9.00 | 40.00 | (19.00) | 121.00 |
* 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 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 |
