Q2 2026 Earnings

Binding Future Product Shipment Agreements

$875.1M

Other performance obligations totaling $ 1.3 billion as of June 30, 2026 include unbilled multi-year PCS and service contract amounts of $ 427.8 million, and $ 875.1 million of binding contractual agreements with certain customers that are primarily related to future product shipments.

Unbilled Multi-Year PCS and Service Contracts

$427.8M

Other performance obligations totaling $ 1.3 billion as of June 30, 2026 include unbilled multi-year PCS and service contract amounts of $ 427.8 million, and $ 875.1 million of binding contractual agreements with certain customers that are primarily related to future product shipments.

Non-Cancellable Purchase Commitments

$9.70B

We outsource most of our manufacturing and supply chain management operations to third-party contract manufacturers, who procure components and assemble products on our behalf. A significant portion of our purchase orders for finished goods and strategic components, including integrated circuits consigned to contract manufacturers, consists of non-cancellable commitments. As of June 30, 2026, we had non-cancellable purchase commitments not recorded on our balance sheet of $ 9.7 billion, of which $ 9.4 billion have expected receipt dates within 12 months, and $ 0.3 billion have expected receipt dates greater than 12 months. These open purchase orders are considered enforceable and legally binding, and while we may have some limited ability to reschedule, and adjust our requirements based on our business needs prior to the delivery of goods or performance of services, this can only occur with the agreement of the related supplier.

Non-Cancellable Purchase Commitments Beyond 12 Months

$300.0M

We outsource most of our manufacturing and supply chain management operations to third-party contract manufacturers, who procure components and assemble products on our behalf. A significant portion of our purchase orders for finished goods and strategic components, including integrated circuits consigned to contract manufacturers, consists of non-cancellable commitments. As of June 30, 2026, we had non-cancellable purchase commitments not recorded on our balance sheet of $ 9.7 billion, of which $ 9.4 billion have expected receipt dates within 12 months, and $ 0.3 billion have expected receipt dates greater than 12 months. These open purchase orders are considered enforceable and legally binding, and while we may have some limited ability to reschedule, and adjust our requirements based on our business needs prior to the delivery of goods or performance of services, this can only occur with the agreement of the related supplier.

Non-Cancellable Purchase Commitments Within 12 Months

$9.40B

We outsource most of our manufacturing and supply chain management operations to third-party contract manufacturers, who procure components and assemble products on our behalf. A significant portion of our purchase orders for finished goods and strategic components, including integrated circuits consigned to contract manufacturers, consists of non-cancellable commitments. As of June 30, 2026, we had non-cancellable purchase commitments not recorded on our balance sheet of $ 9.7 billion, of which $ 9.4 billion have expected receipt dates within 12 months, and $ 0.3 billion have expected receipt dates greater than 12 months. These open purchase orders are considered enforceable and legally binding, and while we may have some limited ability to reschedule, and adjust our requirements based on our business needs prior to the delivery of goods or performance of services, this can only occur with the agreement of the related supplier.