Income StatementBalance SheetCash FlowSegments
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Sysco Income Statement

Revenue, expenses, and profitability over time

Sysco generated $83.6B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $1.7B with a 2.08% net margin. Gross margin stands at 18.54% and operating margin at 3.59%. Diluted EPS is $3.61, which declined 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$83.6BGross Profit (TTM)$15.5BOperating Income (TTM)$3.0BNet Income (TTM)$1.7BEps Diluted (TTM)$3.61
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$34.9B
P/E Ratio20.12
ROE82.29%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Derivative Gain (Loss) Excluded from Effectiveness-$160.0M-$149.0M-$166.0M-$172.0M-$173.0M-$168.0M
Interest Income (Expense), Non-operating-$160.0M-$149.0M-$166.0M-$172.0M-$173.0M-$168.0M
Other Non-Cash Income (Expense)$48.0M-$4.0M$16.0M-$8.0M$43.0M$5.0M
Cash Paid for Interest$178.0M$131.0M$176.0M$178.0M$173.0M$170.0M
Other non-cash income (expense)$48.0M-$4.0M$16.0M-$8.0M$43.0M$5.0M
Other Charges-$19.0M-$9.0M-$4.0M-$28.0M-$9.0M-$6.0M
Interest expense$178.0M$131.0M$176.0M$178.0M$173.0M$170.0M
Fair Value Hedge Ineffectiveness, Net$5.0M-$1.0M$2.0M$0.0$0.0$0.0
Change in Accounts Payable-$437.0M$282.0M$271.0M$82.0M-$536.0M$497.0M
Other Non-Cash Income (Expense)$48.0M-$4.0M$16.0M-$8.0M$43.0M$5.0M
Interest Income (Expense), Nonoperating-$160.0M-$149.0M-$166.0M-$172.0M-$173.0M-$168.0M
Non-operating Interest Income (Expense)-$160.0M-$149.0M-$166.0M-$172.0M-$173.0M-$168.0M
Other Non-cash Income (Expense)$48.0M-$4.0M$16.0M-$8.0M$43.0M$5.0M
Other Non-Cash Income (Expense)$48.0M-$4.0M$16.0M-$8.0M$43.0M$5.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
OCI Available-for-Sale Securities Adjustment-$2.0M$2.0M$1.0M$1.0M$0.0-$1.0M
Common Stock Dividends Per Share$0.5$0.5$0.5$0.5$0.5$0.5
OCI - Available-for-Sale Securities Adjustment-$2.0M$2.0M$1.0M$1.0M$0.0-$1.0M
Other Comprehensive Income (Loss), Net of Tax-$230.0M$141.0M$157.0M-$31.0M$41.0M$33.0M
Dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
OCI Foreign Currency Before Reclassification and Tax-$257.0M$136.0M$240.0M-$65.0M$53.0M-$62.0M
Acquisitions, Net of Cash$40.0M$0.0$0.0———
Change in Accounts and Notes Receivable-$344.0M$145.0M—$349.0M-$248.0M$234.0M
Change in Income Taxes Payable-$130.0M-$101.0M—$66.0M-$88.0M-$47.0M
Change in Prepaid Expenses and Other Assets-$13.0M$8.0M$11.0M$42.0M-$14.0M-$9.0M
Effect of Exchange Rate on Cash (Continuing Operations)-$32.0M$12.0M$29.0M-$6.0M$7.0M-$6.0M
Net Change in Cash and Restricted Cash$21.0M$709.0M—-$222.0M$272.0M$657.0M
Net Short-term Borrowings (Maturity < 3 Months)$219.0M-$492.0M$78.0M$76.0M$975.0M-$800.0M
OCI Defined Benefit Plan, After Tax-$5.0M-$5.0M-$5.0M-$5.0M-$6.0M-$6.0M
Payments to Acquire Other Productive Assets$211.0M$199.0M$374.0M$160.0M$140.0M$161.0M
Repayment of Long-term Obligations$47.0M$52.0M$406.0M$42.0M$788.0M$36.0M
ROU Asset Obtained - Finance Lease$15.0M$17.0M$147.0M$11.0M$12.0M$7.0M
OCI Attributable to Parent-$230.0M$141.0M$157.0M-$31.0M$41.0M$33.0M
Other Comprehensive Income (Loss), Before Tax-$222.0M$142.0M$129.0M-$20.0M$36.0M$65.0M
Number of reportable segments0.000.000.003.000.000.00
OCI available-for-sale securities adjustment-$2.0M$2.0M$1.0M$1.0M$0.0-$1.0M
Other comprehensive income (loss), after-tax-$222.0M$142.0M$129.0M-$20.0M$36.0M$65.0M
Other investing activities, net-$5.0M-$6.0M-$6.0M-$22.0M-$1.0M$0.0
Payments to acquire available-for-sale debt securities$4.0M$9.0M$7.0M$0.0$0.0$15.0M
Dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Income Taxes Paid, Net$259.0M$225.0M$130.0M$31.0M$222.0M$148.0M
Interest Paid, Net$178.0M$131.0M$176.0M$178.0M$173.0M$170.0M
OCI Foreign Currency Gain (Loss) Before Reclassification and Tax-$257.0M$136.0M$240.0M-$65.0M$53.0M-$62.0M
Accounts receivable sold$2.2B$1.9B—$1.4B$1.6B$1.4B
Allowance For Doubtful Accounts Receivable Other Adjustments$4.0M$4.0M$4.0M———
Amortization Of Financing Costs$4.0M$3.0M$4.0M$4.0M$3.0M$4.0M
Derivatives$5.0M-$1.0M$2.0M$0.0$0.0$0.0
Interest expense-$8.0M-$10.0M-$14.0M-$15.0M-$15.0M-$21.0M
(Increase) decrease in fair value of debt-$34.0M$25.0M—-$4.0M$4.0M$36.0M
Dividends declared (in dollars per share)$0.5$0.5$0.5$0.5$0.5$0.5
Comprehensive Income (Loss), Net of Tax, Attributable to Parent$176.0M$542.0M$688.0M$445.0M$430.0M$373.0M
Currency Translation And Other-$40.3M-$40.3M-$40.3M———
Customer Accounts Written off, Net Of Recoveries$26.5M$26.5M$26.5M———
Percent of principal due upon early repayment—————100.0%
Deferred taxes-$3.8M-$3.8M-$3.8M———
Depreciation$199.5M$199.5M$199.5M———
Depreciation and amortization$238.0M$236.0M—$233.0M$240.0M$251.0M
Dividends, Common Stock, Cash$251.0M$246.0M$259.0M$259.0M$260.0M$259.0M
Effective tax rates$0.2$0.2—$0.2$0.2$0.2
Income taxes at U.S. statutory rate of 21%$0.1$0.1$0.1———
Foreign operations-$0.0-$0.0-$0.0———
Other adjustments &#8211; net$0.0$0.0$0.0———
Excess tax benefits associated with employee equity plans (in percent)0.1%0.1%0.1%———
State income taxes &#8211; net of federal income tax benefit$0.0$0.0$0.0———
Share-Based Payment Arrangement, Expense, Tax Benefit$3.8M$3.8M$3.8M———
Income tax benefit realized from option exercises$750.0K$750.0K$750.0K———
Acquired intangibles$3.0M$3.0M$3.0M———
Goodwill Additions$2.3M$2.3M$2.3M———
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount$20.5M$20.5M$20.5M———
Income Taxes Paid, Net$259.0M$225.0M$130.0M$31.0M$222.0M$148.0M
Increase (Decrease) in Accounts and Notes Receivable-$344.0M$145.0M—$349.0M-$248.0M$234.0M
Accounts payable-$437.0M$282.0M$271.0M$82.0M-$536.0M$497.0M
Increase Decrease In Accrued Income Taxes Payable-$130.0M-$101.0M—$66.0M-$88.0M-$47.0M
Accrued liabilities$111.0M-$81.0M—-$83.0M$122.0M$61.0M
Increase (Decrease) in Deferred Income Taxes$5.0M$5.0M—$5.0M$8.0M$1.0M
Increase Decrease In Finished Goods And Work In Process Inventories$107.0M-$180.0M$116.0M$335.0M-$147.0M$45.0M
Short- and long-term operating lease liabilities-$46.0M-$44.0M-$45.0M-$49.0M-$57.0M-$52.0M
Increase (decrease) in other assets$7.0M-$21.0M-$2.0M$11.0M$4.0M-$2.0M
Increase (decrease) in all other liabilities$9.0M$13.0M$25.0M-$7.0M$12.0M-$15.0M
Increase (Decrease) in Prepaid Expense and Other Assets-$13.0M$8.0M$11.0M$42.0M-$14.0M-$9.0M
Add - Incremental shares under stock-based compensation plans (in shares)$2.1M$1.8M—$1.6M$1.3M$1.8M
Interest Paid, Excluding Capitalized Interest, Operating Activity$178.0M$131.0M$176.0M$178.0M$173.0M$170.0M
Noncontrolling Interest, Change in Redemption Value-$4.0M-$12.0M—-$16.0M-$8.0M-$3.0M
Multiemployer plan, contributions by employer$16.5M$16.5M$16.5M———
All other plans$4.5M$4.5M$4.5M———
Individually significant plans$12.0M$12.0M$12.0M———
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$234.0M$66.0M-$1.1B-$195.0M-$67.0M$0.0
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$158.0M-$188.0M-$325.0M-$107.0M-$193.0M-$189.0M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$445.0M$819.0M$1.2B$86.0M$525.0M$852.0M
Leased devices transferred from inventory to property and equipment$99.0M$68.0M$9.0M$26.0M$52.0M$39.0M
Number of customers182500.00182500.00182500.00———
Number of distribution facilities84.2584.2584.25———
Number of reportable segments$0.0$0.0$0.0$3.0$0.0$0.0
Operating lease right-of-use assets amortization expense$34.0M$34.0M$39.0M$37.0M$37.0M$39.0M
Net unrealized debt securities gains (losses), net of tax-$2.0M$2.0M$1.0M$1.0M$0.0-$1.0M
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent-$222.0M$142.0M$129.0M-$20.0M$36.0M$65.0M
Net gains (losses) deferred$6.0M$3.0M—$10.0M-$11.0M$62.0M
Change in excluded components of fair value hedge-$2.0M$0.0——$0.0$0.0
Change in net investment hedges$16.0M-$6.0M-$46.0M$13.0M-$8.0M$27.0M
Other comprehensive income/(loss)-$230.0M$141.0M$157.0M-$31.0M$41.0M$33.0M
Pension and other postretirement benefit, tax-$5.0M-$5.0M-$5.0M-$5.0M-$6.0M-$6.0M
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent$8.0M$1.0M-$28.0M$11.0M-$5.0M$32.0M
Other Noncash Income (Expense)$48.0M-$4.0M$16.0M-$8.0M$43.0M$5.0M
Other income, net (Note 6)-$19.0M-$9.0M-$4.0M-$28.0M-$9.0M-$6.0M
Payment for (Proceeds from) Other Investing Activity-$5.0M-$6.0M-$6.0M-$22.0M-$1.0M$0.0
Cash paid for the purchase of federal tax credits$47.5M$47.5M$47.5M$200.0M-$63.0M$241.0M
Payments for Repurchase of Common Stock$192.0M$400.0M$550.0M$0.0$0.0$200.0M
Payments of Ordinary Dividends, Common Stock$252.0M$249.0M$248.0M$259.0M$259.0M$260.0M
Payments to Acquire Debt Securities, Available-for-Sale$4.0M$9.0M$7.0M$0.0$0.0$15.0M
Payments to Acquire Businesses, Net of Cash Acquired$40.0M$0.0$0.0———
Payments to Acquire Productive Assets$211.0M$199.0M$374.0M$160.0M$140.0M$161.0M
Proceeds from new debt$0.0$1.3B$0.0$2.0M$0.0$1.3B
Financing &#8212; other$0.0-$21.0M-$1.0M-$15.0M-$12.0M-$18.0M
Short-term borrowings/(repayments) less than 90 days &#8212; net$219.0M-$492.0M$78.0M$76.0M$975.0M-$800.0M
Proceeds from sales and redemptions of investments in debt securities classified as available for sale$3.0M$11.0M$5.0M$7.0M$1.0M$14.0M
Dispositions of property, plant, and equipment$89.0M$3.0M$45.0M$24.0M$78.0M$29.0M
Cash received from option exercises$27.5M$27.5M$27.5M———
Proceeds from issuance of common stock relating to employee stock plans$38.0M$29.0M$14.0M$43.0M$17.0M$64.0M
Net additions (releases) charged to costs and expenses$36.0M$15.0M$13.0M$30.0M$15.0M$17.0M
Repayment of Long-Term Debt, Long-Term Lease Obligation, and Capital Security$47.0M$52.0M$406.0M$42.0M$788.0M$36.0M
Revenue From Contract With Customer Excluding Assessed Tax$20.2B$19.6B$21.1B$21.1B$20.8B$20.5B
Right Of Use Asset Obtained In Exchange For Finance Lease Liability$15.0M$17.0M$147.0M$11.0M$12.0M$7.0M
Stock-based compensation$30.0M$14.0M$19.0M$31.0M$33.0M$31.0M
Expected volatility6.7%6.7%6.7%———
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period67.3K67.3K67.3K———
Risk-free rate0.9%0.9%0.9%———
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Expirations in Period000———
Weighted-average dividend yield0.7%0.7%0.7%———
Intrinsic value of stock options exercised$250.0K$250.0K$250.0K———
Options canceled (in dollars per share)$19.65$19.65$19.65———
Granted (in shares)$19.13$19.13$19.13———
Options forfeited/expired (in dollars per share)$0.00$0.00$0.00———
Exercised (in shares)$13.50$13.50$13.50———
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period278.2K278.2K278.2K———
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture$77.0M$24.0M$32.0M$67.0M$54.0M$103.0M
Supply chain finance program, payments$298.8M$298.8M$298.8M———
Invoices confirmed during the period$296.5M$296.5M$296.5M———
Treasury stock, value, acquired$191.0M$400.0M$550.0M——$200.0M
Foreign Currency Translation Adjustments, Net-$257.0M$136.0M$240.0M-$65.0M$53.0M-$62.0M
Recognition of Net Gains/Losses on Benefit Obligations, Net of Taxes$0.0$0.0-$44.0M$4.0M$0.0$0.0
Cash Dividends, Common Stock$252.0M$249.0M$248.0M$259.0M$259.0M$260.0M
Cash Flow Hedge Reclassification, After Tax-$2.0M-$1.0M-$1.0M-$1.0M-$1.0M-$1.0M
Amortization of Actuarial Gain, Net of Tax$0.0$0.0-$44.0M$4.0M$0.0$0.0
Other Comprehensive Income (Loss)$176.0M$542.0M$688.0M$445.0M$430.0M$373.0M
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent-$230.0M$141.0M$157.0M-$31.0M$41.0M$33.0M
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
OCI Foreign Currency Gain (Loss), Pre-tax-$257.0M$136.0M$240.0M-$65.0M$53.0M-$62.0M
OCI Net of Tax, Parent-$230.0M$141.0M$157.0M-$31.0M$41.0M$33.0M
OCI Attributable to Parent-$230.0M$141.0M$157.0M-$31.0M$41.0M$33.0M
Stock Repurchased During Period, Value$192.0M$400.0M$550.0M$0.0$0.0$200.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share (Declared)$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Basic earnings per share$0.83$0.82$1.09$0.99$0.81$0.71
Diluted earnings per share$0.82$0.82$1.10$0.99$0.81$0.71
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common stock dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per share declared$0.51$0.51$0.54$0.54$0.54$0.54
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common stock dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common stock dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Weighted-average shares, basic490.7M487.5M—478.8M479.3M479.3M
Weighted-average shares, diluted492.8M489.3M—480.4M480.7M481.2M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effective Tax Rate Statutory Reconciliation$0.1$0.1$0.1———
Effective Tax Rate (Continuing Operations)$0.2$0.2—$0.2$0.2$0.2
Effective Tax Rate$0.2$0.2—$0.2$0.2$0.2
Cash Paid for Income Taxes$259.0M$225.0M$130.0M$31.0M$222.0M$148.0M
Current income tax expense (benefit)$150.5M$150.5M$150.5M———
Effective Tax Rate, Continuing Operations$0.2$0.2—$0.2$0.2$0.2
Income Tax at U.S. Statutory Rate5.3%5.3%5.3%———
Prior Year Tax Adjustments0.1%0.1%0.1%———
Stock-Based Compensation Tax Benefit$3.8M$3.8M$3.8M———
State and Local Income Taxes, Net$20.5M$20.5M$20.5M———
Tax Reconciliation: Other Adjustments0.1%0.1%0.1%———
Effective Income Tax Rate, Continuing Operations$0.2$0.2—$0.2$0.2$0.2
Tax Reconciliation, Federal Statutory Amount$0.1$0.1$0.1———
Tax Reconciliation, Other Items$0.0$0.0$0.0———
Tax Reconciliation, State and Local Taxes$0.0$0.0$0.0———
Effective Tax Rate$0.2$0.2—$0.2$0.2$0.2
Effective Tax Rate (Continuing Operations)$0.2$0.2—$0.2$0.2$0.2
Income Taxes Paid, Net$259.0M$225.0M$130.0M$31.0M$222.0M$148.0M
Share-Based Compensation Tax Benefit$3.8M$3.8M$3.8M———
Federal Income Tax Expense (Benefit), Continuing Operations$108.0M$108.0M$108.0M———
Foreign Income Tax Expense (Benefit), Continuing Operations$12.8M$12.8M$12.8M———
State and Local Income Tax Expense (Benefit), Continuing Operations$26.0M$26.0M$26.0M———
Income tax expense$127.0M$122.0M$186.0M$124.0M$121.0M$105.0M
Effective Tax Rate (Continuing Operations)$0.2$0.2—$0.2$0.2$0.2
Share-Based Compensation Tax Benefit$3.8M$3.8M$3.8M———
Tax Reconciliation at Federal Statutory Rate$0.1$0.1$0.1———
Current Income Tax Expense$150.5M$150.5M$150.5M———
Tax Reconciliation - Federal Statutory Rate$0.1$0.1$0.1———
Deferred Income Tax Expense (Benefit)-$3.8M-$3.8M-$3.8M———
Effective Tax Rate (Continuing Operations)$0.2$0.2—$0.2$0.2$0.2
Income Taxes Paid, Net$259.0M$225.0M$130.0M$31.0M$222.0M$148.0M
Effective Income Tax Rate$0.2$0.2—$0.2$0.2$0.2
Statutory Federal Income Tax Rate$0.1$0.1$0.1———
Effective Tax Rate, Continuing Operations$0.2$0.2—$0.2$0.2$0.2
Income and Other Taxes$259.0M$225.0M$130.0M$31.0M$222.0M$148.0M
Effective Tax Rate Continuing Operations$0.2$0.2—$0.2$0.2$0.2
Tax Reconciliation Federal Statutory Rate$0.1$0.1$0.1———
Tax Reconciliation Other Adjustments$0.0$0.0$0.0———
Tax Reconciliation State and Local Taxes$0.0$0.0$0.0———
Deferred Income Tax Expense (Benefit)$5.0M$5.0M—$5.0M$8.0M$1.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$30.0M$14.0M$19.0M$31.0M$33.0M$31.0M
Share-Based Compensation Expense$30.0M$14.0M$19.0M$31.0M$33.0M$31.0M
Defined Contribution Plan Cost$50.8M$50.8M$50.8M———
Stock-based compensation expense$77.0M$24.0M$32.0M$67.0M$54.0M$103.0M
Compensation and benefits$30.0M$14.0M$19.0M$31.0M$33.0M$31.0M
Depreciation and amortization$238.0M$238.0M$234.0M$233.0M$240.0M$251.0M
Defined Contribution Plan Cost$50.8M$50.8M$50.8M———
Defined Contribution Plan Cost$50.8M$50.8M$50.8M———
Operating Lease ROU Asset Amortization$34.0M$34.0M$39.0M$37.0M$37.0M$39.0M
Other Segment Items-$19.0M-$9.0M-$4.0M-$28.0M-$9.0M-$6.0M
Stock-based compensation expense$30.0M$14.0M$19.0M$31.0M$33.0M$31.0M
Defined Contribution Plan Expense$50.8M$50.8M$50.8M———
Other operating expenses$2.9B$2.9B$3.1B$3.1B$3.1B$3.2B
Share-Based Compensation Expense$77.0M$24.0M$32.0M$67.0M$54.0M$103.0M
Provision for credit losses$36.0M$15.0M$13.0M$30.0M$15.0M$17.0M
Share-Based Compensation$30.0M$14.0M$19.0M$31.0M$33.0M$31.0M
Amortization of Right-of-Use Assets$34.0M$34.0M—$37.0M$37.0M$39.0M
Total operating expenses$2.9B$2.9B$3.1B$3.1B$3.1B$3.2B

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Dividends Declared (Per Share)$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends$252.0M$249.0M$248.0M$259.0M$259.0M$260.0M
Cash Dividends, Common Stock$251.0M$246.0M$259.0M$259.0M$260.0M$259.0M
OCI Attributable to Parent-$230.0M$141.0M$157.0M-$31.0M$41.0M$33.0M
Net income$406.0M$401.0M$531.0M$476.0M$389.0M$340.0M
Common Stock Dividends$252.0M$249.0M$248.0M$259.0M$259.0M$260.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$3.7B$3.6B$4.0B$3.9B$3.8B$3.8B
Operating income$712.0M$681.0M$887.0M$800.0M$692.0M$619.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$533.0M$523.0M$717.0M$600.0M$510.0M$445.0M
Income (Loss) from Continuing Operations Before Income Taxes, Domestic$516.5M$516.5M$516.5M———
Income (Loss) from Continuing Operations Before Income Taxes, Foreign$87.3M$87.3M$87.3M———
Income Before Tax, Domestic$516.5M$516.5M$516.5M———
Income Before Tax, Foreign$87.3M$87.3M$87.3M———

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$16.5B$16.0B$17.2B$17.2B$17.0B$16.7B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$20.2B$19.6B$21.1B$21.1B$20.8B$20.5B