Financial Statements — MTN
Balance Sheet
(in billions USD)| Metric | Q3
2026 | Q2
2026 | 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 | 0.37 | 0.38 | 0.58 | 0.47 | 0.49 | 0.40 | 0.71 | 0.81 | 0.73 | 0.90 | 1.30 | 1.18 | 1.40 | 1.41 | 1.47 | 1.34 | 1.30 | 0.46 |
| Accounts Receivable | 0.36 | 0.16 | 0.10 | 0.34 | 0.12 | 0.13 | 0.34 | 0.14 | 0.11 | 0.35 | 0.16 | 0.12 | 0.27 | 0.17 | 0.11 | 0.21 | 0.12 | 0.21 |
| Inventory | 0.13 | 0.14 | 0.15 | 0.11 | 0.13 | 0.15 | 0.11 | 0.13 | 0.16 | 0.10 | 0.12 | 0.14 | 0.09 | 0.10 | 0.10 | 0.07 | 0.09 | 0.10 |
| Total Current Assets | 0.95 | 0.82 | 1.05 | 1.00 | 0.84 | 0.85 | 1.23 | 1.18 | 1.13 | 1.48 | 1.76 | 1.62 | 1.85 | 1.77 | 1.78 | 1.68 | 1.57 | 0.84 |
| Property, Plant & Equipment | 2.37 | 2.41 | 2.38 | 2.39 | 2.38 | 2.43 | 2.29 | 2.35 | 2.34 | 2.37 | 2.42 | 2.31 | 2.14 | 2.19 | 2.06 | 2.12 | 2.16 | 2.17 |
| Goodwill | 1.70 | 1.70 | 1.66 | 1.68 | 1.63 | 1.67 | 1.68 | 1.70 | 1.67 | 1.69 | 1.72 | 1.69 | 1.75 | 1.76 | 1.79 | 1.80 | 1.76 | 1.71 |
| Intangible Assets | 0.30 | 0.30 | 0.30 | 0.30 | 0.29 | 0.30 | 0.30 | 0.30 | 0.30 | 0.31 | 0.31 | 0.31 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.31 |
| Total Non-current Assets* | 4.73 | 4.78 | 4.72 | 4.76 | 4.69 | 4.79 | 4.58 | 4.67 | 4.63 | 4.72 | 4.80 | 4.66 | 4.55 | 4.60 | 4.51 | 4.59 | 4.59 | 4.55 |
| Total Assets | 5.69 | 5.60 | 5.76 | 5.76 | 5.53 | 5.64 | 5.81 | 5.85 | 5.76 | 6.20 | 6.56 | 6.28 | 6.40 | 6.37 | 6.29 | 6.28 | 6.17 | 5.39 |
| Short-term Debt | -- | -- | 0.53 | 0.53 | 0.53 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.04 | 1.32 | 1.94 | 1.63 | 1.79 | 1.36 | 1.04 | 1.23 | 1.36 | 0.99 | 1.29 | 1.34 | 0.83 | 1.16 | 1.27 | 0.72 | 0.98 | 0.95 |
| Long-term Debt | 3.02 | 2.93 | 3.17 | 2.71 | 2.71 | 2.78 | 2.77 | 2.79 | 2.81 | 2.85 | 2.87 | 2.85 | 2.83 | 2.84 | 2.91 | 2.96 | 2.99 | 2.44 |
| Total Non-current Liabilities* | 3.73 | 3.63 | 3.36 | 2.89 | 2.93 | 3.53 | 3.45 | 3.47 | 3.47 | 3.61 | 3.50 | 3.39 | 3.50 | 3.42 | 3.36 | 3.53 | 3.50 | 3.06 |
| Total Liabilities | 4.77 | 4.96 | 5.30 | 4.53 | 4.72 | 4.90 | 4.49 | 4.70 | 4.83 | 4.60 | 4.79 | 4.73 | 4.33 | 4.58 | 4.62 | 4.25 | 4.48 | 4.01 |
| Retained Earnings | 0.82 | 0.58 | 0.45 | 1.00 | 0.69 | 0.52 | 1.04 | 0.76 | 0.62 | 1.08 | 0.84 | 0.71 | 1.08 | 0.79 | 0.60 | 0.91 | 0.64 | 0.49 |
| Total Stockholder Equity | 0.55 | 0.30 | 0.16 | 0.90 | 0.53 | 0.44 | 1.00 | 0.83 | 0.63 | 1.27 | 1.46 | 1.26 | 1.83 | 1.57 | 1.43 | 1.78 | 1.46 | 1.17 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q3
2026 | Q2
2026 | 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 |
|---|
| Total Revenue | 1.21 | 1.08 | 0.27 | 0.27 | 1.30 | 1.14 | 0.26 | 0.27 | 1.28 | 1.08 | 0.26 | 0.27 | 1.24 | 1.10 | 0.28 | 0.27 | 1.18 | 0.91 | 0.18 | 0.20 |
| Operating Income | 0.49 | 0.35 | (0.21) | (0.20) | 0.58 | 0.38 | (0.20) | (0.20) | 0.55 | 0.35 | (0.21) | (0.16) | 0.50 | 0.33 | (0.16) | (0.10) | 0.54 | 0.33 | (0.17) | (0.17) |
| Interest Expense | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Pretax Income | 0.45 | 0.30 | (0.26) | (0.25) | 0.55 | 0.34 | (0.24) | (0.23) | 0.51 | 0.32 | (0.25) | (0.19) | 0.47 | 0.30 | (0.20) | (0.13) | 0.50 | 0.29 | (0.20) | (0.21) |
| Tax Provision | 0.11 | 0.07 | (0.06) | (0.05) | 0.13 | 0.09 | (0.06) | (0.05) | 0.13 | 0.09 | (0.07) | (0.06) | 0.12 | 0.08 | (0.06) | (0.02) | 0.12 | 0.05 | (0.06) | (0.07) |
| Net Income | 0.31 | 0.21 | (0.19) | (0.19) | 0.39 | 0.25 | (0.17) | (0.18) | 0.36 | 0.22 | (0.18) | (0.13) | 0.33 | 0.21 | (0.14) | (0.11) | 0.37 | 0.22 | (0.14) | (0.14) |
| Basic EPS | 8.82 | 5.87 | (5.20) | (4.97) | 10.55 | 6.57 | (4.61) | (4.67) | 9.57 | 5.78 | (4.60) | (3.21) | 8.20 | 5.17 | (3.40) | (2.65) | 9.18 | 5.51 | (3.44) | (3.50) |
| Diluted EPS | 8.81 | 5.87 | (5.20) | (4.96) | 10.54 | 6.56 | (4.61) | (4.63) | 9.54 | 5.76 | (4.60) | (3.20) | 8.18 | 5.16 | (3.40) | (2.64) | 9.16 | 5.47 | (3.44) | (3.39) |
Cash Flow Statement
(in millions USD)| Metric | Q3
2026 | Q2
2026 | 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 |
|---|
| Operating Cash Flow | 6.82 | 259.91 | 315.94 | (171.56) | 117.75 | 326.26 | 282.42 | (94.24) | 109.85 | 242.66 | 328.50 | (87.32) | 121.39 | 272.50 | 332.99 | (62.48) | 161.66 | 262.31 | 349.02 | (25.89) |
| Capital Expenditures | 35.06 | 74.91 | 71.67 | 55.94 | 33.22 | 75.01 | 71.02 | 56.09 | 24.82 | 76.91 | 53.38 | 53.65 | 54.71 | 82.46 | 124.10 | 30.98 | 32.99 | 78.72 | 50.13 | 29.50 |
| Free Cash Flow* | (28.24) | 185.00 | 244.27 | (227.50) | 84.53 | 251.25 | 211.41 | (150.33) | 85.03 | 165.75 | 275.12 | (140.97) | 66.69 | 190.05 | 208.89 | (93.46) | 128.67 | 183.58 | 298.89 | (55.39) |
| Investing Cash Flow | (32.94) | (74.33) | (71.67) | (49.01) | (27.46) | (57.01) | (71.01) | (150.18) | (24.81) | (71.64) | 5.57 | (51.91) | (15.23) | (71.49) | (134.53) | (92.35) | (30.03) | (185.67) | (39.86) | (28.31) |
| Financing Cash Flow | 5.90 | (392.17) | (100.98) | 194.90 | (134.80) | (170.44) | (132.30) | (141.35) | (182.26) | (97.57) | (153.61) | (212.53) | (501.80) | (96.75) | (104.63) | (140.48) | (131.96) | (135.96) | (84.73) | (39.65) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q3
2026 | Q2
2026 | 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 |
|---|
| Dividends Per Share | 2.22 | 2.22 | 2.22 | 2.22 | 2.22 | 2.22 | 2.22 | 2.22 | 2.22 | 2.06 | 2.06 | 2.06 | 2.06 | 1.91 | 1.91 | 1.91 | 0.00 | 0.88 | 0.88 | 0.00 |
