Financial Statements — OI
Balance Sheet
(in billions USD)| Metric | 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 | 0.34 | 0.32 | 0.56 | 0.49 | 0.42 | 0.76 | 0.67 | 0.40 | 0.79 | 0.75 | 0.48 | 0.52 | 0.66 | 0.52 | 0.63 | 0.53 | 0.74 |
| Accounts Receivable | 0.88 | 0.81 | 0.89 | 0.85 | 0.76 | 0.79 | 0.73 | 0.80 | 0.77 | 0.98 | 1.00 | 0.89 | 0.96 | 0.90 | 0.79 | 0.86 | 0.71 |
| Inventory | 0.95 | 1.00 | 0.98 | 0.99 | 0.99 | 1.05 | 1.15 | 1.21 | 1.10 | 1.04 | 1.02 | 0.79 | 0.78 | 0.84 | 0.81 | 0.80 | 0.83 |
| Total Current Assets | 2.45 | 2.38 | 2.66 | 2.60 | 2.39 | 2.82 | 2.82 | 2.66 | 2.90 | 3.04 | 2.75 | 2.43 | 2.62 | 2.49 | 2.44 | 2.40 | 2.49 |
| Property, Plant & Equipment | 3.45 | 3.42 | 3.44 | 3.46 | 3.38 | 3.50 | 3.47 | 3.55 | 3.26 | 3.24 | 3.06 | 2.70 | 2.76 | 2.83 | 2.79 | 2.84 | 2.79 |
| Goodwill | 0.61 | 1.47 | 1.48 | 1.47 | 1.37 | 1.41 | 1.40 | 1.46 | 1.86 | 1.90 | 1.87 | 1.73 | 1.79 | 1.86 | 1.88 | 1.93 | 1.88 |
| Intangible Assets | 0.18 | 0.18 | 0.19 | 0.20 | 0.19 | 0.21 | 0.23 | 0.25 | 0.26 | 0.27 | 0.27 | 0.26 | 0.27 | 0.28 | 0.29 | 0.31 | 0.31 |
| Total Non-current Assets* | 3.63 | 3.60 | 3.63 | 3.65 | 3.59 | 6.55 | 6.52 | 6.75 | 6.84 | 6.88 | 6.67 | 6.21 | 6.26 | 6.39 | 6.32 | 6.48 | 6.34 |
| Total Assets | 8.09 | 8.95 | 9.26 | 9.18 | 8.73 | 9.37 | 9.33 | 9.41 | 9.74 | 9.91 | 9.43 | 8.64 | 8.87 | 8.88 | 8.77 | 8.87 | 8.82 |
| Accounts Payable | 1.09 | 1.06 | 1.08 | 1.10 | 1.03 | 1.09 | 1.13 | 1.17 | 1.25 | 1.32 | 1.30 | 1.17 | 1.19 | 1.17 | 1.06 | 1.04 | 1.00 |
| Short-term Debt | 0.19 | 0.16 | 0.17 | 0.24 | 0.23 | 0.54 | 0.50 | 0.82 | 0.16 | 0.24 | 0.35 | 0.33 | 0.07 | 0.07 | 0.08 | 0.09 | 0.18 |
| Total Current Liabilities | 1.94 | 1.89 | 1.99 | 2.10 | 1.93 | 2.29 | 2.23 | 2.60 | 2.07 | 2.13 | 2.26 | 2.10 | 1.79 | 1.75 | 1.74 | 1.69 | 1.70 |
| Long-term Debt | 4.79 | 4.80 | 4.95 | 4.90 | 4.79 | 4.71 | 4.65 | 4.12 | 4.75 | 4.78 | 4.42 | 4.28 | 4.43 | 4.62 | 4.85 | 4.98 | 5.17 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | 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 | Q3
2021 |
|---|
| Total Revenue | 1.67 | 1.54 | 1.50 | 1.65 | 1.71 | 1.57 | 1.53 | 1.68 | 1.73 | 1.59 | 1.64 | 1.74 | 1.89 | 1.83 | 1.69 | 1.69 | 1.78 | 1.69 | 1.59 | 1.61 |
| Cost of Revenue | 1.45 | 1.34 | 1.27 | 1.35 | 1.41 | 1.29 | 1.32 | 1.46 | 1.43 | 1.27 | 1.41 | 1.38 | 1.47 | 1.35 | 1.43 | 1.37 | 1.45 | 1.39 | 1.35 | 1.31 |
| Gross Profit | 0.21 | 0.20 | 0.23 | 0.30 | 0.30 | 0.28 | 0.21 | 0.22 | 0.30 | 0.32 | 0.23 | 0.36 | 0.42 | 0.48 | 0.26 | 0.33 | 0.33 | 0.30 | 0.24 | 0.30 |
| Research & Development | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.03 | 0.02 |
| Selling, General & Admin | 0.08 | 0.10 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.10 | 0.11 | 0.12 | 0.12 | 0.13 | 0.14 | 0.15 | 0.13 | 0.13 | 0.12 | 0.12 | 0.11 | 0.11 |
| Total Operating Expenses | 1.04 | 0.25 | -- | 0.24 | 0.29 | 0.26 | 0.34 | 0.27 | 0.20 | 0.20 | 0.67 | 0.28 | 0.26 | 0.21 | 0.23 | 0.05 | -0.00 | 0.13 | 0.44 | 0.18 |
| Operating Income | (0.83) | (0.05) | -- | 0.06 | 0.01 | 0.02 | (0.13) | (0.06) | 0.10 | 0.12 | (0.44) | 0.08 | 0.15 | 0.27 | 0.03 | 0.28 | 0.33 | 0.17 | -- | -- |
| Interest Expense | 0.09 | 0.08 | 0.08 | 0.09 | 0.09 | 0.08 | 0.08 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.12 | 0.07 | 0.06 | 0.06 | 0.05 | 0.07 | 0.06 | 0.05 |
| Pretax Income | 0.17 | 0.14 | (0.72) | 0.24 | 0.23 | 0.21 | 0.14 | 0.14 | 0.23 | 0.24 | -- | 0.30 | 0.33 | 0.40 | 0.05 | 0.27 | 0.26 | 0.23 | 0.07 | 0.13 |
| Tax Provision | 0.14 | 0.02 | -0.00 | 0.02 | 0.01 | 0.03 | 0.02 | 0.02 | 0.04 | 0.04 | 0.03 | 0.03 | 0.04 | 0.06 | 0.02 | 0.04 | 0.07 | 0.05 | 0.02 | 0.04 |
| Net Income | (0.97) | (0.07) | (0.14) | 0.03 | -0.00 | (0.02) | (0.15) | (0.08) | 0.06 | 0.07 | (0.47) | 0.05 | 0.11 | 0.21 | 0.01 | 0.23 | 0.25 | 0.09 | 0.04 | 0.09 |
| Basic EPS | (6.33) | (0.48) | (0.90) | 0.19 | (0.03) | (0.10) | (1.00) | (0.52) | 0.37 | 0.46 | (3.04) | 0.33 | 0.71 | 1.33 | 0.09 | 1.49 | 1.62 | 0.56 | 0.28 | 0.54 |
| Diluted EPS | (6.33) | (0.48) | (0.90) | 0.19 | (0.03) | (0.10) | (0.98) | (0.52) | 0.36 | 0.45 | (2.97) | 0.32 | 0.69 | 1.29 | 0.08 | 1.45 | 1.59 | 0.55 | 0.27 | 0.53 |
Cash Flow Statement
(in millions USD)| Metric | 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 | Q3
2021 |
|---|
| Operating Cash Flow | 94.00 | (294.00) | 402.00 | 214.00 | 155.00 | (171.00) | 318.00 | 191.00 | 250.00 | (270.00) | 381.00 | 339.00 | 291.00 | (193.00) | 378.00 | (344.00) | 193.00 | (73.00) | 231.00 | 313.00 |
| Capital Expenditures | 95.00 | 142.00 | 93.00 | 100.00 | 104.00 | 135.00 | 108.00 | 136.00 | 160.00 | 213.00 | 223.00 | 197.00 | 173.00 | 95.00 | 193.00 | 147.00 | 103.00 | 96.00 | 130.00 | 93.00 |
| Free Cash Flow* | (1.00) | (436.00) | 309.00 | 114.00 | 51.00 | (306.00) | 210.00 | 55.00 | 90.00 | (483.00) | 158.00 | 142.00 | 118.00 | (288.00) | 185.00 | (491.00) | 90.00 | (169.00) | 101.00 | 220.00 |
| Investing Cash Flow | (93.00) | (139.00) | (59.00) | (88.00) | (101.00) | (120.00) | (114.00) | (126.00) | (165.00) | (215.00) | (226.00) | (191.00) | (168.00) | (98.00) | (205.00) | 42.00 | 68.00 | (2.00) | (18.00) | (93.00) |
| Financing Cash Flow | -- | (19.00) | (147.00) | (56.00) | (14.00) | (33.00) | (192.00) | 4.00 | 197.00 | (17.00) | (58.00) | (101.00) | 148.00 | (16.00) | 60.00 | 189.00 | (91.00) | (152.00) | (102.00) | (103.00) |
* Derived from reported values
