Broadcom free cash flow nearly doubled in fiscal Q3 2026. Yet one closely watched measure of cash conversion moved sharply in the opposite direction. The company reported $13.665 billion in free cash flow (FCF), up approximately 94.55% from the year-earlier quarter. At the same time, FCF divided by GAAP net income declined from 169.66% to … Read more
Apple reported substantially higher net income in fiscal 2025. Yet its free cash flow, calculated from the company’s cash flow statement, moved in the opposite direction. Net income increased 19.50% to $112.010 billion, while free cash flow fell 9.23% to $98.767 billion. Under a consistent free-cash-flow-to-net-income definition, Apple’s cash conversion ratio declined from 116.08% in … Read more
TSMC Q3 2026 earnings are scheduled for October 15, but investors already have an important piece of the quarterly picture: revenue. Taiwan Semiconductor Manufacturing Company (NYSE: TSM) disclosed monthly revenue figures that sum to NT$1,494.243 billion for July–September, approximately 17.6% above second-quarter revenue. The monthly figures are unaudited and should not be confused with the … Read more
A chipmaker can report faster revenue growth, higher gross profit, and a stronger gross margin while generating less free cash flow. Taiwan Semiconductor Manufacturing Company (NYSE: TSM) provided a useful example in the second quarter of 2026. TSMC’s revenue increased 12.0% sequentially, and its gross margin rose from 66.2% to 67.7%. Yet its quarterly free … Read more
AbbVie earnings for Q2 2026 make the company’s post-Humira transition much easier to quantify. Revenue reached $16.990 billion, up 10.2% year over year on a reported basis, but the more revealing change is inside the product mix. Skyrizi generated $5.505 billion of quarterly revenue and Rinvoq produced $2.525 billion. Together, those two products accounted for … Read more
Amazon CapEx has become one of the most important numbers for investors trying to understand the economics of the company’s AI buildout. AWS is growing rapidly, but serving that demand requires Amazon (NASDAQ: AMZN) to commit enormous amounts of cash to data centers, servers, networking equipment, power infrastructure, and other computing assets before those investments … Read more
A company can report stronger revenue, higher operating profit, and more cash from operations while free cash flow still falls. One common reason is capital expenditures, or CapEx. That does not automatically mean the business is deteriorating. A company may be replacing aging equipment, building a new factory, expanding data-center capacity, or investing ahead of … Read more
Microsoft’s AI spending is showing up in more than revenue growth. In fiscal 2026, the company generated substantially more cash from operations, but it also spent far more cash on property and equipment as it expanded the infrastructure behind Azure and AI services. That combination makes Microsoft free cash flow especially useful to watch. Revenue … Read more
Revenue growth can make a business look stronger at first glance, but sales alone do not tell investors how much cash ultimately remains after the company funds its operations and capital spending. Free cash flow margin adds that missing perspective. It measures free cash flow as a percentage of revenue, giving investors a practical way … Read more
A Verizon stock dividend yield near 5.7% can look compelling, especially for income investors. I own Verizon shares myself, but the yield alone is not enough for me to add more VZ to my portfolio. My reasoning starts with a different question: how much financial room does Verizon have after supporting its network, servicing its … Read more