Tencent Holdings Limited (TCEHY)
Tencent Holdings Limited is an investment holding company that specializes in providing a wide array of value-added services (VAS) and online advertising solutions, operating both within Mainland China and across international markets. The company's diverse business operations are structured into several key segments: Value-Added Services (VAS), Online Advertising, FinTech and Business Services, and other various ventures. Tencent's offerings encompass popular online games, extensive social networking platforms, cutting-edge FinTech and cloud computing solutions, and comprehensive digital advertising services. Beyond these core areas, the company is also actively involved in the production, investment, and distribution of films and television programs for external clients, alongside managing copyright licensing, merchandise sales, and related activities. Further expanding its technological and entertainment footprint, Tencent develops proprietary software, operates its significant online gaming portfolio, and delivers services in information technology, system integration, and asset management. Its cultural ventures extend to online literature and digital music entertainment platforms. Established in 1998, Tencent Holdings maintains its headquarters in Shenzhen, People's Republic of China.
Sector: Internet Content & Information
Industry: Internet Content & Information
Tencent Holdings Limited
OTC:TCEHYCommunication Services · Internet Content & Information
-0.87%$53.66
CLOSED · Nov 6Prev close$54.13-0.87%Close$53.66-0.01%AH close$53.66
AH$53.66-0.01%vs close
Mkt Cap$483.3B
Float9.01B
O/S9.01B
VOL3.68M sh
$ Vol$197.67M
RVOL0.91×
Inst Own-
SI<0.1%
EarningsNov 18 · in 1w
Div Yield1.26%
Dilution
Financials Summary
Revenue$109.62B
Net Income$32.78B
Total Assets$305.83B
Free Cash Flow$28.51B
Debt & Equity
Debt 26%
Equity 74%
Total Debt$60.96B
Total Equity$173.11B
Shares Outstanding
Short Interest
Split History1 split
- 5:1Forward splitMay 20, 20141 share → 5
Balance Sheet Details
Assets$305.83B
Liabilities$119.68B
Accounts Receivable$7.49B
Accounts Payable$18.17B
Inventory$79.5M
PP&E (Net)$26.54B
Goodwill$23.05B
Intangible Assets$12.58B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Revenue | $109.62B | $98.97B | $91.29B | $83.13B | $83.96B | $72.26B | $56.55B | $46.87B | $35.64B | $22.77B | $15.42B | $11.83B | $9.06B | $6.58B | $4.27B | $2.94B | $1.86B | $1.07B | $572.74M | $419.77M | $213.81M | $171.41M | $110.17M |
| YoY Growth | 10.8% | 8.4% | 9.8% | -1.0% | 16.2% | 27.8% | 20.7% | 31.5% | 56.5% | 47.7% | 30.3% | 30.6% | 37.7% | 54.0% | 45.0% | 57.9% | 73.9% | 87.2% | 36.4% | 96.3% | 24.7% | 55.6% | - |
| Cost of Revenue | $49.34B | $46.61B | $47.35B | $47.34B | $47.09B | $39.05B | $31.44B | $25.57B | $18.11B | $10.11B | $6.24B | $4.63B | $4.16B | $2.73B | $1.49B | $947.37M | $583.02M | $325.34M | $167.52M | $122.47M | $70.43M | $62.39M | $34.41M |
| Gross Profit | $63.34B | $52.36B | $43.94B | $35.79B | $36.87B | $33.21B | $25.11B | $21.3B | $17.53B | $12.67B | $9.18B | $7.2B | $4.9B | $3.85B | $2.78B | $2B | $1.28B | $747.1M | $405.22M | $297.3M | $143.38M | $109.02M | $75.76M |
| Gross Margin | 57.8% | 52.9% | 48.1% | 43.1% | 43.9% | 46.0% | 44.4% | 45.5% | 49.2% | 55.6% | 59.5% | 60.9% | 54.0% | 58.5% | 65.2% | 67.8% | 68.7% | 69.7% | 70.8% | 70.8% | 67.1% | 63.6% | 68.8% |
| Research and Development | $12.5B | $10.6B | $1.36B | $9.2B | $7.78B | $5.84B | $4.55B | $3.44B | $2.62B | $1.78B | $1.35B | $1.14B | $763.72M | $625.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $26.66B | $22.36B | $20.65B | $20.37B | $19.55B | $15.2B | $11.22B | $9.86B | $7.6B | $5.19B | $3.72B | $3.29B | $2.35B | $1.61B | $1.08B | $566.85M | $390.9M | $277.36M | $170.51M | $135.4M | $81.74M | $41.75M | $25.18M |
| Other | -$13.11B | -$11.79B | -$704.66M | -$10.4B | -$31.18B | -$15.45B | -$5.14B | -$246.73M | -$633.31M | -$117.82M | -$49.62M | -$58.76M | -$55.16M | -$33.88M | -$63.08M | -$5.7M | $10.06M | -$16.82M | -$4.36M | $718K | -$7.09M | -$1.65M | $184K |
| Total Operating Expenses | $26.06B | $21.17B | $19.94B | $19.17B | -$3.85B | $5.59B | $10.64B | $9.61B | $6.97B | $5.07B | $3.69B | $3.25B | $2.3B | $1.59B | $1.02B | $561.14M | $400.96M | $260.54M | $166.15M | $136.11M | $70.78M | $40.1M | $25.36M |
| Operating Income (EBIT) | $35.69B | $31.19B | $23.99B | $16.61B | $40.71B | $27.62B | $17.79B | $14.64B | $13.54B | $8.41B | $6.09B | $4.58B | $2.88B | $2.32B | $1.84B | $1.47B | $902.45M | $486.56M | $245.08M | $174.37M | $72.6M | $68.93M | $50.4M |
| Operating Margin | 32.6% | 31.5% | 26.3% | 20.0% | 48.5% | 38.2% | 31.5% | 31.2% | 38.0% | 36.9% | 39.5% | 38.7% | 31.8% | 35.3% | 43.0% | 50.1% | 48.4% | 45.4% | 42.8% | 41.5% | 34.0% | 40.2% | 45.7% |
| Interest Expense | $2.21B | $1.87B | $1.78B | $1.5B | $1.19B | $1.12B | $1.15B | $734.19M | $458.68M | $324.82M | $226.34M | $129.81M | $59.06M | $48.95M | $10.87M | $126K | $293K | $21.1M | $238K | $807K | $7.09M | $0 | $0 |
| Interest Income | $2.49B | $2.4B | $2.07B | $1.29B | $996.81M | $1.04B | $946.44M | $684.87M | $590.59M | $392.58M | $348.81M | $251.23M | $196.96M | $125.26M | $70.3M | $38.36M | $20.39M | $15.77M | $12.85M | $11.36M | $6.8M | $0 | $300K |
| Other Income (Expense) | $4.74B | $5B | $187.37M | $14.9B | -$3.53B | -$631.81M | -$1.39B | -$476.97M | -$312.83M | -$671.08M | -$661.19M | -$229.19M | $13.04M | $18.59M | -$23.16M | $11.23M | $3.04M | -$21.15M | -$15.07M | -$6.98M | -$7.09M | $1.41M | $300K |
| Income Before Tax (EBT) | $40.43B | $36.2B | $24.18B | $31.51B | $37.18B | $26.98B | $16.4B | $14.16B | $13.22B | $7.74B | $5.43B | $4.35B | $2.89B | $2.26B | $1.81B | $1.49B | $905.48M | $465.41M | $230.02M | $167.4M | $65.51M | $70.34M | $50.7M |
| Income Tax Expense | $6.92B | $6.75B | $6.49B | $3.23B | $3.04B | $2.98B | $2.03B | $2.17B | $2.36B | $1.53B | $1.07B | $768.22M | $557.31M | $339.69M | $280.94M | $269.5M | $122.78M | $43.36M | -$5.02M | $7.94M | -$7.24M | $3.38M | $2.4M |
| Net Income | $32.78B | $29.09B | $17.27B | $28.22B | $33.7B | $23.96B | $13.99B | $11.8B | $10.72B | $6.16B | $4.32B | $3.57B | $2.32B | $1.91B | $1.53B | $1.21B | $772.81M | $417.4M | $234.74M | $159.46M | $72.75M | $66.96M | $48.3M |
| Net Income Margin | 29.9% | 29.4% | 18.9% | 33.9% | 40.1% | 33.2% | 24.7% | 25.2% | 30.1% | 27.0% | 28.0% | 30.2% | 25.6% | 29.0% | 35.8% | 41.0% | 41.4% | 38.9% | 41.0% | 38.0% | 34.0% | 39.1% | 43.8% |
| Supplementary Data | |||||||||||||||||||||||
| EPS | 24.05 | 20.94 | 12.19 | 19.76 | 23.60 | 16.84 | 9.86 | 8.34 | 7.60 | 4.38 | 3.10 | 2.58 | 1.69 | 1.39 | 1.12 | 0.89 | 0.57 | 0.31 | 0.18 | 0.12 | 0.05 | 0.06 | 0.05 |
| Diluted EPS | 23.50 | 20.49 | 11.89 | 19.34 | 23.16 | 16.52 | 9.72 | 8.23 | 7.50 | 4.33 | 3.06 | 2.55 | 1.66 | 1.37 | 1.10 | 0.87 | 0.56 | 0.30 | 0.17 | 0.12 | 0.05 | 0.06 | 0.05 |
| Weighted Average OS | 9.09B | 9.27B | 9.46B | 9.53B | 9.53B | 9.49B | 9.47B | 9.44B | 9.41B | 9.38B | 9.30B | 9.23B | 9.16B | 9.14B | 9.09B | 9.09B | 9.01B | 8.97B | 8.90B | 8.82B | 8.86B | 7.61B | 6.60B |
| EBITDA | $45.58B | $39.6B | $33.27B | $25.8B | $47.01B | $35.71B | $24.25B | $20.03B | $17.22B | $8.24B | $6.05B | $4.4B | $2.98B | $2.7B | $2.12B | $1.55B | $985.05M | $540.5M | $259.13M | $188.35M | $74.1M | $74.42M | $50.4M |
| EBITDA Margin | 41.6% | 40.0% | 36.4% | 31.0% | 56.0% | 49.4% | 42.9% | 42.7% | 48.3% | 36.2% | 39.2% | 37.2% | 32.9% | 41.0% | 49.5% | 52.8% | 52.8% | 50.4% | 45.2% | 44.9% | 34.7% | 43.4% | 45.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Assets | |||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||
| Cash and Cash Equivalents | $22.2B | $19.86B | $25.83B | $23.49B | $25.18B | $22.9B | $19.93B | $14.66B | $15.84B | $10.78B | $6.51B | $6.4B | $3.03B | $2.01B | $1.89B | $1.56B | $905.93M | $459.87M | $442.01M | $276.46M | $236.24M | $128.89M | $48.8M |
| Short-Term Investments | $42.85B | $31.57B | $28.77B | $19.9B | $14.15B | $11.25B | $8.1B | $10.36B | $5.5B | $7.54B | $5.6B | $1.62B | $2.94B | $2.07B | $2.06B | $1.76B | $0 | $259.45M | $39.95M | $64.48M | $57.54M | $99.97M | $0 |
| Cash and Short-Term Investments | $65.06B | $51.44B | $56.83B | $43.39B | $39.33B | $34.16B | $28.03B | $25.02B | $21.35B | $18.32B | $12.11B | $8.02B | $5.97B | $4.08B | $3.95B | $3.32B | $905.93M | $719.32M | $481.95M | $340.94M | $293.79M | $228.85M | $48.8M |
| Accounts Receivable | $7.49B | $12.33B | $6.99B | $6.82B | $7.39B | $6.74B | $5.37B | $4.26B | $2.48B | $1.52B | $1.06B | $687.72M | $442.94M | $259.47M | $21.49M | $0 | $0 | -$199.77M | $99.55M | $59.86M | $33.39M | $0 | $14.95M |
| Inventory | $79.5M | $65.95M | $68.35M | $349.71M | $159.34M | $122.02M | $107.63M | $48.57M | $44.22M | $39.42M | $33.28M | $36.57M | $207.46M | $85.15M | $0 | $0 | $0 | $822K | $255K | $370K | $397K | $0 | $5.38M |
| Other Current Assets | $16.69B | $5.86B | $11.4B | $31.89B | $23.42B | $4.42B | $2.92B | $2.38B | $2.26B | $2.1B | $9.26B | $2B | $1.05B | $959.03M | $1.26B | $412.49M | $214.27M | $396.62M | $90.61M | $141.56M | $66.81M | $146.42M | $3.51M |
| Total Current Assets | $89.31B | $74.38B | $77.71B | $84.84B | $72.67B | $47.61B | $38.07B | $32.54B | $26.75B | $22.36B | $23.29B | $11.29B | $8.05B | $5.47B | $5.32B | $3.8B | $1.97B | $973.7M | $724.77M | $559.78M | $399.27M | $382.81M | $72.64M |
| Long-Term Assets | |||||||||||||||||||||||
| Property, Plant & Equipment Net | $26.54B | $19.54B | $13.08B | $12.85B | $13.24B | $11.65B | $9.23B | $5.99B | $4.01B | $2.78B | $2.13B | $1.76B | $1.61B | $1.19B | $905.91M | $551.58M | $398.46M | $305.93M | $148.14M | $85.98M | $54.72M | $21.3M | $12.01M |
| Goodwill | $23.05B | $21.3B | $18.92B | $17.5B | $16.81B | $16.28B | $14.01B | $4.89B | $3.54B | $3.44B | $1.07B | $952.74M | $382.53M | $439.03M | $0 | $0 | $9.33M | $0 | $5.28M | $4.12M | $0 | $0 | $0 |
| Intangible Assets | $12.58B | $11.56B | $10.3B | $12.05B | $14.31B | $12.34B | $10B | $6.72B | $4.32B | $3.4B | $1.75B | $652.8M | $488.96M | $473.68M | $601.22M | $120.35M | $30.95M | $60.91M | $95.26M | $19.2M | $3.21M | $0 | $0 |
| Long-Term Investments | $147.75B | $132.43B | $107.71B | $76.64B | $100.62B | $91.32B | $56.72B | $44.31B | $36.01B | $17.32B | $11.09B | $8.49B | $760.12M | -$124.03M | -$745.35M | -$967.38M | $0 | -$214.07M | -$19.44M | $8.46M | $42.07M | -$74.88M | $0 |
| Deferred Tax Assets | $4.29B | $4.25B | $4.35B | $4.48B | $3.91B | $3.2B | $2.73B | $2.36B | $1.47B | $1.05B | $113.47M | $48.27M | $64.61M | $25.32M | $29.69M | $32.83M | $45.12M | $50.09M | $43.12M | $19.56M | $14.44M | $0 | $0 |
| Other Long-Term Assets | $2.29B | $3.51B | $8.7B | $28.2B | $20.13B | $17.47B | $12.23B | $11.65B | $7.05B | $9B | $6.55B | $2.47B | $4.72B | $3.8B | $2.4B | $1.83B | $168.01M | $300.75M | $49.9M | $0 | $0 | $99.97M | $1.65M |
| Total Long-Term Assets | $216.52B | $192.59B | $158.71B | $151.72B | $169.02B | $152.26B | $104.93B | $75.91B | $56.39B | $36.99B | $22.7B | $14.37B | $8.03B | $5.81B | $3.19B | $1.57B | $651.87M | $503.6M | $322.26M | $137.33M | $114.44M | $46.39M | $13.66M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $305.83B | $266.96B | $236.42B | $236.56B | $241.69B | $199.88B | $143B | $108.45B | $83.14B | $59.34B | $45.99B | $25.66B | $16.07B | $11.28B | $8.51B | $5.37B | $2.62B | $1.48B | $1.05B | $697.1M | $513.71M | $429.2M | $86.3M |
| Liabilities | |||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||
| Accounts Payable | $18.17B | $17.79B | $15.13B | $13.85B | $16.41B | $14.09B | $12.1B | $11.05B | $7.51B | $4.11B | $2.35B | $1.3B | $1B | $631.36M | $336.38M | $206.93M | $104.4M | $36.67M | $17.55M | $5.84M | $3.83M | $376K | $8.89M |
| Short-Term Debt | $7.97B | $9.22B | $8.35B | $3.3B | $2.85B | $2.13B | $4.98B | $6.08B | $3.07B | $2.36B | $2.38B | $756.82M | $388.08M | $161.44M | $1.2B | $794.29M | $30.33M | $0 | $43.8M | $0 | $0 | $22K | $0 |
| Current Income Tax Payable | $0 | $3.09B | $3.3B | $2.73B | $2.21B | $2.14B | $1.65B | $1.69B | $1.45B | $893.98M | $310.28M | $153.94M | $286.45M | $143.9M | $133.14M | $84.88M | $45.3M | $7.09M | $30.86M | $9.77M | $4.31M | $847K | $1.07M |
| Current Unearned Revenue | $16.68B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.06B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12.83M | $0 |
| Other Current Liabilities | $8.06B | $27.89B | $21.11B | $40.57B | $33.86B | $17.75B | $14.04B | $9.82B | $9.12B | $6.63B | $12.24B | $4.15B | $2.71B | $2.06B | $1.41B | $416.49M | $260.22M | $102.25M | $74.95M | $47.87M | $35.1M | $18.42M | $5.45M |
| Total Current Liabilities | $61.91B | $59.5B | $52.79B | $65.09B | $60.42B | $40.33B | $36B | $30.34B | $22.75B | $15.17B | $18.65B | $7.5B | $4.99B | $3.1B | $3.18B | $1.95B | $683.99M | $313.52M | $247.27M | $130.09M | $74.63M | $31.64M | $15.4M |
| Long-Term Liabilities | |||||||||||||||||||||||
| Long-Term Debt | $50.18B | $41.54B | $43.91B | $46.82B | $42.4B | $35.4B | $28.19B | $20.8B | $16.71B | $14.05B | $7.5B | $4.58B | $1.87B | $1.44B | $559.61M | $0 | $0 | $0 | $0 | $7.22M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $331.48M | $934.75M | $514.89M | $525.09M | $678.43M | $0 | $1.1B | $1.06B | $358.4M | $305.49M | $450.29M | $521.34M | -$694.92M | -$846.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $3.25B | $2.78B | $2.64B | $1.82B | $1.97B | $0 | $1.92B | $1.64B | $895.63M | $772.41M | $549.82M | $440.99M | $216M | $196.6M | $140.83M | $144.98M | $55.46M | $11.75M | $8.99M | $2.52M | $121K | $0 | $148K |
| Other Long-Term Liabilities | $2.01B | $2.16B | $3.14B | $2.19B | $2.38B | $5.99B | $1.32B | $3.92B | $2.16B | $2.2B | $1.54B | $1.27B | $455.83M | $226.06M | $278.78M | $0 | $41.08M | $84.88M | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $57.77B | $49.49B | $52.67B | $54.12B | $49.85B | $42.92B | $33.73B | $24.71B | $18.86B | $16.26B | $9.04B | $5.85B | $2.32B | $1.87B | $979.22M | $144.98M | $96.54M | $96.63M | $8.99M | $9.74M | $121K | $397K | $148K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$397K | $0 |
| Total Liabilities | $119.68B | $108.99B | $105.46B | $119.21B | $110.27B | $83.25B | $69.73B | $55.06B | $41.61B | $31.43B | $27.69B | $13.35B | $7.31B | $4.96B | $4.15B | $2.1B | $780.53M | $410.15M | $256.26M | $139.83M | $74.75M | $31.64M | $15.55M |
| Stockholders' Equity | |||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30K | $30K | $30K | $30K | $29K | $29K | $29K | $0 | $0 | $0 |
| Retained Earnings | $155.81B | $133.71B | $123.04B | $106.72B | $101.16B | $80.71B | $57.66B | $44.92B | $30.38B | $20.5B | $14.99B | $11.1B | $7.83B | $5.74B | $4B | $2.67B | $1.58B | $890.22M | $511.72M | $308.72M | $173.2M | $0 | $0 |
| Comprehensive Income & Other | $9.32B | $460.82M | -$6.82B | -$7.67B | $9.61B | $0 | $0 | -$934.45M | -$2.56B | -$2.07B | -$1.65B | -$1.28B | -$902.22M | -$631.63M | -$398.64M | -$228.63M | -$135.58M | -$86.26M | -$51.48M | -$30.72M | $0 | $0 | $0 |
| Other Stockholders' Equity | $17.31B | $12.22B | -$1.84B | $1.41B | $19.71B | $24.81B | $7.2B | $3.58B | $8B | $5.68B | $3B | $892.03M | $857.55M | $453.92M | $262.81M | $593.82M | $248.51M | $162.16M | $265.29M | $248.53M | $265.76M | $397.56M | $70.74M |
| Total Equity | $173.11B | $145.93B | $121.2B | $108.13B | $120.86B | $105.52B | $64.86B | $48.49B | $38.38B | $26.18B | $17.99B | $11.99B | $8.69B | $6.19B | $4.27B | $3.26B | $1.83B | $1.05B | $777.03M | $557.28M | $438.96M | $397.56M | $70.74M |
| Minority Interest | $13.04B | $12.04B | $9.76B | $9.21B | $10.55B | $11.1B | $8.41B | $4.9B | $3.15B | $1.74B | $309.54M | $316.43M | $77.65M | $127.53M | $93.61M | $12.58M | $18.01M | $14.75M | $13.73M | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $292.79B | $254.92B | $226.67B | $227.34B | $231.14B | $188.77B | $134.59B | $103.55B | $79.99B | $57.6B | $45.68B | $25.34B | $16B | $11.15B | $8.42B | $5.36B | $2.61B | $1.46B | $1.03B | $697.1M | $513.71M | $429.2M | $86.3M |
| Supplementary Data | |||||||||||||||||||||||
| Total Debt | $60.96B | $53.68B | $55.65B | $53.83B | $48.49B | $39.63B | $34.85B | $26.87B | $19.77B | $16.41B | $9.88B | $5.33B | $2.26B | $1.6B | $0 | $794.29M | $30.33M | $0 | $43.8M | $7.22M | $0 | $22K | $0 |
| Net Debt | $38.75B | $33.82B | $29.82B | $30.34B | $23.31B | $16.73B | $14.92B | $12.21B | $3.93B | $5.64B | $3.37B | -$1.07B | -$775.71M | -$402.3M | -$1.89B | -$765.86M | -$875.6M | -$459.87M | -$398.21M | -$269.24M | -$236.24M | -$128.86M | -$48.8M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | $34.45B | $29.45B | $17.69B | $28.29B | $34.15B | $24B | $14.37B | $11.99B | $10.86B | $6.21B | $4.36B | $3.58B | $2.33B | $1.92B | $1.53B | $1.21B | $782.7M | $417.4M | $235.04M | $159.46M | $72.75M | $66.96M | $48.3M |
| Depreciation & Amortization | $9.9B | $8.43B | $8.85B | $9.18B | $8.64B | $7.61B | $6.7B | $5.13B | $3.54B | $1.91B | $1B | $722.2M | $540.52M | $392.76M | $290.71M | $117.37M | $80.61M | $53.99M | $28.87M | $20.14M | $0 | $4.17M | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$20.1B | -$8.59B | -$2.82B | $0 | -$2.37B | -$199.51M | $424.36M | -$251.23M | -$84.54M | $67.04M | -$314.72M | $131.35M | -$70.75M | -$459.9M | $5.83M | -$5.45M | $0 | $0 | $0 |
| Stock-Based Compensation | $3.85B | $3.1B | $3.16B | $3.74B | $3.24B | $1.89B | $1.52B | $1.18B | $919.91M | $646.5M | $413.11M | $270.11M | $175.08M | $135.62M | $109.83M | $74.31M | $48.18M | $24.06M | $15.2M | $11.65M | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | -$186.17M | -$157.09M | -$151.39M | $649.95M | -$603.48M | -$1.13B | -$904.92M | -$1.54B | -$959.33M | -$439.2M | -$370.09M | -$212.55M | -$90.84M | -$40.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$13.34M | $3M | $282.1M | -$180.03M | $194.42M | -$14.24M | -$59.06M | -$4.35M | -$5.85M | -$5.7M | -$2.55M | $194.86M | -$122.17M | -$45.1M | $0 | $0 | $822K | -$567K | $115K | $27K | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $151.39M | -$649.95M | $603.48M | $1.13B | $904.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $2.67B | $3.43B | $2.6B | -$2.59B | -$60.86M | $4.12B | $2.36B | $738.24M | $3.55B | $1.65B | $960.23M | $637.81M | $1.01B | $570.93M | $0 | $0 | $314.86M | $30.78M | -$37.27M | $42.74M | $0 | $0 | $0 |
| Total Working Capital Change | $2.47B | $3.28B | $2.88B | -$2.77B | $133.56M | $4.11B | $2.3B | $733.89M | $3.55B | $1.64B | $957.69M | $832.67M | $886.63M | $525.83M | $176.47M | $352.05M | $315.68M | $30.21M | -$37.16M | $42.77M | $0 | $0 | $0 |
| Other Non-Cash Items | -$5.23B | -$5.51B | $689.52M | -$16.54B | $190.07M | $73.75M | $206.26M | -$2.16B | -$3.1B | -$729.09M | $120.82M | -$663.89M | -$374.14M | $16.97M | $210.64M | -$35.67M | $102.46M | $470.82M | -$17.59M | -$2.61M | -$17.28M | -$102.24M | $4.53M |
| Net Cash from Operating | $45.43B | $38.75B | $33.27B | $21.9B | $26.26B | $29.1B | $22.27B | $15.96B | $15.91B | $9.82B | $6.81B | $4.9B | $3.65B | $2.91B | $2B | $1.85B | $1.26B | $536.57M | $230.2M | $225.96M | $148.92M | -$31.11M | $52.82M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$13.11B | -$9.43B | -$3.15B | -$3.48B | -$9.32B | -$5.11B | -$8.54B | -$8.1B | -$4.8B | -$2.81B | -$1.96B | -$995.16M | -$911.52M | -$725.31M | -$725.58M | -$308.7M | -$123.03M | -$210.51M | -$118.6M | -$52.11M | -$39.59M | -$13.57M | -$8.91M |
| Acquisitions | -$5.2B | -$1.18B | -$1.33B | -$1.84B | -$10.04B | -$2.26B | -$2.31B | -$6.46B | -$5.98B | -$1.36B | -$2.17B | -$5.24B | -$615.02M | -$598.38M | -$779.06M | -$40.3M | -$22.27M | -$2.5M | -$27M | -$8.26M | -$2.03M | $0 | $0 |
| Purchases of Investments | -$73.47B | -$57.7B | -$45.4B | -$27.28B | -$24.81B | -$19.91B | -$20.21B | -$20.82B | -$18.17B | -$13.58B | -$15.02B | -$2.56B | -$3.89B | -$4.51B | -$1.45B | -$414.04M | -$61.65M | -$273.34M | -$20.15M | -$3.05M | -$17.54M | -$24.85M | $0 |
| Sales of Investments | $61.53B | $51.75B | $33.09B | $18.08B | $17.66B | $0 | $14.93B | $11.95B | $13.77B | $6.59B | $9.3B | $4.23B | $2.39B | $2.78B | $897.77M | $68.36M | $10.24M | $63.15M | $33.29M | $5.29M | -$1.19M | $0 | $0 |
| Other Investing Activities | -$590.14M | -$1.76B | -$1.97B | -$1.2B | -$252.72M | $3.75M | -$1.28B | -$31.28B | -$2.25B | -$2.57B | -$2.8B | -$46.02M | -$37.02M | $437.23M | -$242.81M | -$1.11B | -$556.49M | $46.28M | $67.37M | -$71.19M | $58.76M | -$110.75M | $5.33M |
| Net Cash from Investing | -$30.84B | -$18.32B | -$18.76B | -$15.72B | -$26.76B | -$27.27B | -$17.41B | -$22.77B | -$14.45B | -$10.63B | -$9.53B | -$4.26B | -$2.87B | -$2.44B | -$2.3B | -$1.8B | -$753.2M | -$376.92M | -$65.09M | -$129.32M | -$1.58M | -$149.17M | -$3.58M |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | -$9.07B | $5.52B | $2.59B | -$2.11B | -$8.28B | -$6.65B | -$3.63B | -$5.23B | -$3.72B | -$5.52B | -$2.71B | -$3.06B | -$504.4M | -$896.83M | -$563.75M | - | - | - | - | - | - | - | - |
| Common Stock Issuance | -$321.98M | -$223.05M | -$495.86M | $0 | $0 | -$22.33M | -$169.98M | -$216.15M | -$308.94M | $0 | -$72.4M | $0 | $4.5M | $17.54M | $23.94M | $29.87M | $24.8M | $13.03M | $15.6M | $5.1M | $1.71M | $264.67M | $0 |
| Common Stock Repurchases | -$10.99B | -$15.34B | -$6.56B | -$4.83B | -$749.03M | $0 | -$156.79M | -$117.37M | $0 | -$290.2M | $0 | -$9.14M | -$198.61M | -$3M | -$222.71M | -$71.61M | -$26.71M | -$61.37M | -$16.08M | -$36.14M | -$18.45M | $0 | $0 |
| Dividends Paid | -$5.63B | -$4.33B | -$3.15B | -$1.94B | -$1.87B | -$1.55B | -$1.25B | -$1.02B | -$757.27M | -$554.47M | -$395.73M | -$263.97M | -$220.05M | -$166.08M | -$125.66M | -$95.82M | -$83.13M | -$38.64M | -$31.51M | -$21.8M | -$19.81M | -$4.32M | -$1.55M |
| Other Financing Activities | -$4.03B | -$4.42B | $412.66M | -$3.18B | -$2.41B | -$2.79B | -$1.77B | $385.38M | $1.36B | $40.02M | $560.16M | $38.82M | $211.95M | -$47.36M | -$21.06M | -$10M | -$4.81M | $375K | $0 | $0 | -$477K | $12K | -$5.67M |
| Net Cash from Financing | -$13.06B | -$26.46B | -$12.38B | -$8.99B | $3.24B | $2.05B | $250.63M | $5.3B | $3.99B | $4.71B | $2.78B | $2.75B | $256.02M | -$357.65M | $655.5M | $616.39M | -$59.53M | -$130.4M | $11.81M | -$52.83M | -$37.03M | $260.37M | -$7.22M |
| Forex Effect | -$246.28M | $53.81M | $202.81M | $1.13B | -$463.03M | -$899.98M | $162.64M | $330.82M | -$382.38M | $363.65M | $55.61M | -$28.18M | -$15.44M | -$302K | -$25.86M | -$7.78M | -$104K | -$11.39M | -$11.37M | -$3.6M | -$2.95M | $0 | $0 |
| Net Change in Cash | $1.28B | -$5.97B | $2.34B | -$1.68B | $2.27B | $2.97B | $5.27B | -$1.18B | $5.07B | $4.27B | $108.67M | $3.37B | $1.03B | $115.61M | $330.35M | $654.23M | $446.06M | $17.86M | $165.55M | $40.21M | $107.36M | $80.08M | $42.02M |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | $45.43B | $38.75B | $33.27B | $21.9B | $26.26B | $29.1B | $22.27B | $15.96B | $15.91B | $9.82B | $6.81B | $4.9B | $3.65B | $2.91B | $2B | $1.85B | $1.26B | $536.57M | $230.2M | $225.96M | $148.92M | -$31.11M | $52.82M |
| Capital Expenditure | -$16.92B | -$14.4B | -$7.11B | -$7.62B | -$9.32B | -$9.98B | -$8.54B | -$8.1B | -$4.8B | -$2.81B | -$1.96B | -$995.16M | -$911.52M | -$725.31M | -$725.58M | -$308.7M | -$123.03M | -$210.51M | -$118.6M | -$52.11M | -$39.59M | -$13.57M | -$8.91M |
| Free Cash Flow | $28.51B | $24.35B | $26.17B | $14.28B | $16.94B | $19.11B | $13.73B | $7.85B | $11.11B | $7.01B | $4.85B | $3.91B | $2.74B | $2.19B | $1.28B | $1.54B | $1.14B | $326.06M | $111.59M | $173.85M | $109.33M | -$44.69M | $43.91M |
| Cash at Beginning | $19.86B | $25.83B | $23.49B | $25.18B | $22.9B | $19.93B | $14.66B | $15.84B | $10.78B | $6.51B | $6.4B | $3.03B | $2.01B | $1.89B | $1.56B | $905.93M | $459.87M | $442.01M | $276.46M | $236.24M | $128.89M | $48.8M | $6.78M |
| Cash at End | $21.14B | $19.86B | $25.83B | $23.49B | $25.18B | $22.9B | $19.93B | $14.66B | $15.84B | $10.78B | $6.51B | $6.4B | $3.03B | $2.01B | $1.89B | $1.56B | $905.93M | $459.87M | $442.01M | $276.46M | $236.24M | $128.89M | $48.8M |