marketcaparena

CGON

CG Oncology, Inc.

Company overview

Market capitalization
$6.17B
Employees
142
Latest publication
2026-09-29
About CG Oncology, Inc.

CG Oncology, Inc., a late-stage clinical biopharmaceutical company, develops and commercializes cretostimogene grenadenorepvec for patients with bladder cancer in the United States. The company's product candidate is cretostimogene, an investigational oncolytic immunotherapy, which is in phase 2 clinical trials of cretostimogene in patients with high-risk NMIBC after BCG failure; a phase 3 clinical trials to evaluate the safety and efficacy of cretostimogene as monotherapy in the treatment of patients who have received adequate BCG therapy with high-risk BCG-unresponsive, CIS-containing NMIBC and BCG-unresponsive Ta, or T1 papillary tumors; phase 3 BOND-003 Cohort C trials as a single agent; phase 3 BOND-003 Cohort P as a single agent in patients with BCG-UR papillary-only NMIBC. It also develops cretostimogene monotherapy for intermediate-risk NMIBC following TURBT, which is in phase 3 PIVOT-006 clinical trials to assess the safety and efficacy of adjuvant cretostimogene; and cretostimogene monotherapy for high-risk NMIBC in phase 2 CORE-008 clinical trials to assess the safety and clinical outcomes of cretostimogene in treating patients with high-risk NMIBC, including BCG-exposed and BCG-naïve NMIBC. The company was formerly known as Cold Genesys, Inc. and changed its name to CG Oncology, Inc. in June 2020. CG Oncology, Inc. was founded in 2010 and is headquartered in Irvine, California.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Revenue1,157,000USD1,083,000USD2,322,000USD1,666,000USD0USD52,000USD456,000USD43,000USD
Research Development54,657,000USD43,730,000USD29,959,000USD27,884,000USD31,331,000USD27,467,000USD26,800,000USD19,622,000USD
Selling General Administrative28,976,000USD20,780,000USD17,994,000USD23,334,000USD17,410,000USD14,789,000USD11,705,000USD8,716,000USD
General And Administrative Expenses28,976,000USD———————
Total Operating Expenses83,633,000USD64,510,000USD48,108,000USD51,218,000USD48,741,000USD42,256,000USD38,505,000USD28,338,000USD
Operating Income-86,401,000USD-66,389,000USD-48,700,000USD-51,129,000USD-48,741,000USD-42,204,000USD-38,049,000USD-28,295,000USD
Total Other Income Expense Net7,345,000USD6,186,999USD7,391,000USD7,321,000USD7,315,000USD7,752,000USD6,251,000USD7,890,000USD
Interest Income7,329,000USD6,288,000USD7,444,000USD7,421,000USD7,319,000USD7,747,000USD6,245,000USD7,892,000USD
Net Income-79,056,000USD-60,202,000USD-41,309,000USD-43,808,000USD-41,426,000USD-34,452,000USD-31,798,000USD-20,405,000USD
Cost Of Revenue3,925,000USD2,962,000USD2,914,000USD1,577,000USD156,000USD0USD—0USD
Gross Profit—-1,879,000USD-592,000USD89,000USD-156,000USD52,000USD456,000USD43,000USD
Net Interest Income—6,288,000USD7,444,000USD7,421,000USD7,319,000USD7,747,000USD6,245,000USD7,892,000USD
Income Before Tax—-60,202,000USD-41,309,000USD-43,808,000USD-41,426,000USD-34,452,000USD-31,798,000USD-20,405,000USD
Net Income From Continuing Ops—-60,202,000USD-41,309,000USD-43,808,000USD-41,426,000USD-34,452,000USD-31,798,000USD-20,405,000USD
Ebit—-66,388,999USD-41,309,000USD-43,808,000USD-48,741,000USD-42,204,000USD-38,017,000USD-28,295,000USD
Ebitda—-65,547,999USD-40,460,000USD-43,392,000USD-48,585,000USD-42,180,000USD-38,049,000USD-28,274,000USD
Depreciation And Amortization—841,000USD849,000USD416,000USD156,000USD24,000USD-32,000USD21,000USD
Reconciled Depreciation—841,000USD849,000USD416,000USD156,000USD24,000USD0USD21,000USD
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Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USD
Total Revenue4,040,000USD1,139,000USD204,000USD191,000USD10,358,000USD
Cost Of Revenue4,647,000USD32,000USD17,000USD15,000USD10,000USD
Gross Profit-607,000USD1,139,000USD204,000USD176,000USD10,348,000USD
Research Development116,641,000USD82,102,000USD45,752,000USD29,029,000USD18,319,000USD
Selling General Administrative73,526,000USD33,703,000USD9,901,000USD6,408,000USD4,645,000USD
Total Operating Expenses190,167,000USD115,805,000USD55,653,000USD35,422,000USD22,954,000USD
Operating Income-190,774,000USD-114,666,000USD-55,449,000USD-35,246,000USD-12,606,000USD
Interest Income29,931,000USD26,624,000USD6,904,000USD——
Net Interest Income29,931,000USD26,624,000USD6,904,000USD-1,000USD-451,000USD
Income Before Tax-160,995,000USD-88,039,000USD-48,607,000USD-35,443,000USD-12,839,000USD
Net Income-160,995,000USD-88,039,000USD-48,607,000USD-35,443,000USD-12,839,000USD
Net Income From Continuing Ops-160,995,000USD-88,039,000USD-48,607,000USD-35,443,000USD-12,839,000USD
Ebit-160,995,000USD-114,666,000USD-55,449,000USD-35,246,000USD-12,388,000USD
Ebitda-159,550,000USD-114,634,000USD-55,432,000USD-35,231,000USD-12,378,000USD
Depreciation And Amortization1,445,000USD32,000USD17,000USD15,000USD10,000USD
Reconciled Depreciation1,445,000USD32,000USD17,000USD15,000USD10,000USD
Total Other Income Expense Net29,779,000USD26,627,000USD6,842,000USD-197,000USD-233,000USD
Selling And Marketing Expenses——17,000USD15,000USD10,000USD
Interest Expense——6,904,000USD1,000USD451,000USD
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Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Assets1,085,655,000USD1,135,262,000USD791,592,000USD729,913,000USD701,445,000USD728,181,000USD754,797,000USD552,471,000USD
Cash And Equivalents19,636,000USD———————
Cash And Short Term Investments1,028,278,000USD1,076,242,000USD742,155,000USD680,263,000USD661,052,000USD688,434,000USD741,998,000USD540,710,000USD
Short Term Investments1,008,642,000USD1,042,542,000USD709,665,000USD635,118,000USD646,428,000USD646,962,000USD484,930,000USD497,299,000USD
Total Current Assets1,049,647,000USD1,102,143,000USD759,475,000USD695,790,000USD673,030,000USD701,192,000USD754,210,000USD552,080,000USD
Other Current Assets19,949,000USD23,133,000USD15,067,000USD13,511,000USD11,416,000USD12,413,000USD11,431,000USD11,233,000USD
Other Non Current Assets4,729,000USD———————
Total Liabilities56,537,000USD———————
Total Current Liabilities47,240,000USD35,216,000USD30,836,000USD30,528,000USD30,381,000USD22,642,000USD21,368,000USD15,630,000USD
Other Non Current Liabilities1,156,000USD———————
Total Stockholder Equity1,029,118,000USD1,091,779,000USD752,602,000USD687,643,000USD670,358,000USD704,758,000USD733,377,000USD536,770,000USD
Total Equity Including Noncontrolling Interest1,029,118,000USD———————
Long Term Debt3,000,000USD3,000,000USD3,000,000USD3,000,000USD————
Inventory1,003,000USD1,493,000USD1,565,000USD1,501,000USD——0USD—
Property Plant Equipment Net20,437,000USD19,586,000USD19,567,000USD19,532,000USD1,218,000USD1,297,000USD493,000USD338,000USD
Goodwill10,297,000USD———————
Accounts Payable12,727,000USD8,236,000USD5,714,000USD9,193,000USD7,125,000USD6,731,000USD6,517,000USD4,076,000USD
Short Term Debt985,000USD1,066,000USD915,000USD912,000USD288,000USD255,000USD186,000USD225,000USD
Common Stock9,000USD9,000USD8,000USD8,000USD8,000USD8,000USD8,000USD7,000USD
Retained Earnings-518,234,000USD-439,178,000USD-378,976,000USD-337,667,000USD-293,859,000USD-252,433,000USD-217,981,000USD-186,183,000USD
Intangible Assets—560,000USD575,000USD1,672,000USD————
Total Liab—43,483,000USD38,990,000USD42,270,000USD31,087,000USD23,423,000USD21,420,000USD15,701,000USD
Other Current Liab—25,914,000USD24,207,000USD20,164,000USD22,968,000USD15,656,000USD14,665,000USD11,329,000USD
Capital Stock—9,000USD8,000USD8,000USD8,000USD8,000USD8,000USD7,000USD
Good Will—10,297,000USD10,297,000USD12,805,000USD——0USD—
Cash—33,700,000USD32,490,000USD45,145,000USD14,624,000USD41,472,000USD257,068,000USD43,411,000USD
Net Debt—-26,125,000USD-25,469,000USD-37,904,000USD-13,630,000USD-40,436,000USD-256,830,000USD-43,115,000USD
Short Long Term Debt Total—7,575,000USD7,021,000USD7,241,000USD994,000USD1,036,000USD238,000USD296,000USD
Net Receivables—1,275,000USD688,000USD515,000USD562,000USD345,000USD781,000USD137,000USD
Property Plant Equipment Gross—21,880,000USD21,041,000USD20,155,000USD1,218,000USD1,297,000USD493,000USD338,000USD
Common Stock Shares Outstanding—84,518,512shares77,303,440shares76,729,726shares76,226,829shares76,187,621shares64,820,235shares67,143,744shares
Non Current Assets Total—33,119,000USD32,117,000USD34,123,000USD28,415,000USD26,989,000USD587,000USD391,000USD
Non Current Liabilities Total—8,267,000USD8,154,000USD11,742,000USD706,000USD781,000USD52,000USD71,000USD
Non Current Liabilities Other—1,451,000USD1,741,000USD3,804,000USD————
Non Currrent Assets Other—2,676,000USD1,678,000USD114,000USD27,197,000USD25,692,000USD94,000USD53,000USD
Net Working Capital—1,066,927,000USD728,639,000USD665,262,000USD642,649,000USD678,550,000USD732,842,000USD536,450,000USD
Unclassified Non Current Liabilities—3,816,000USD3,413,000USD4,938,000USD————
Unclassified Equity—1,530,939,000USD1,131,562,000USD1,025,294,000USD964,201,000USD957,175,000USD951,342,000USD722,939,000USD
Current Deferred Revenue———259,000USD————
Accumulated Other Comprehensive Income————0USD———
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Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USD
Total Assets791,592,000USD754,797,000USD199,301,000USD147,747,000USD58,692,000USD
Intangible Assets575,000USD————
Other Current Assets15,067,000USD11,431,000USD6,358,000USD3,424,000USD4,798,000USD
Total Liab38,990,000USD21,420,000USD14,511,000USD22,570,000USD18,440,000USD
Total Stockholder Equity752,602,000USD733,377,000USD184,790,000USD125,177,000USD40,252,000USD
Other Current Liab24,207,000USD14,665,000USD10,226,000USD5,289,000USD1,957,000USD
Common Stock8,000USD8,000USD—4,000USD3,000USD
Capital Stock8,000USD8,000USD307,890,000USD202,870,000USD82,870,000USD
Retained Earnings-378,976,000USD-217,981,000USD-129,942,000USD-81,335,000USD-45,892,000USD
Good Will10,297,000USD0USD———
Cash32,490,000USD257,068,000USD8,266,000USD88,143,000USD53,607,000USD
Cash And Short Term Investments742,155,000USD741,998,000USD187,674,000USD143,481,000USD53,607,000USD
Total Current Assets759,475,000USD754,210,000USD194,124,000USD147,208,000USD58,407,000USD
Total Current Liabilities30,836,000USD21,368,000USD14,254,000USD15,429,000USD5,975,000USD
Net Debt-25,469,000USD-256,830,000USD-7,236,000USD-72,199,000USD-38,478,000USD
Short Term Debt915,000USD186,000USD786,000USD9,155,000USD3,015,000USD
Short Long Term Debt Total7,021,000USD238,000USD1,030,000USD15,944,000USD15,129,000USD
Long Term Debt3,000,000USD——6,532,000USD12,064,000USD
Short Term Investments709,665,000USD484,930,000USD179,408,000USD55,338,000USD0USD
Net Receivables688,000USD781,000USD92,000USD303,000USD2,000USD
Inventory1,565,000USD0USD———
Accounts Payable5,714,000USD6,517,000USD3,242,000USD985,000USD1,003,000USD
Property Plant Equipment Net19,567,000USD493,000USD491,000USD506,000USD200,000USD
Property Plant Equipment Gross21,041,000USD493,000USD491,000USD506,000USD200,000USD
Common Stock Shares Outstanding77,303,440shares62,496,725shares66,636,252shares66,636,252shares66,636,252shares
Non Current Assets Total32,117,000USD587,000USD5,177,000USD539,000USD285,000USD
Non Current Liabilities Total8,154,000USD52,000USD257,000USD7,141,000USD12,465,000USD
Non Current Liabilities Other1,741,000USD—13,000USD352,000USD351,000USD
Non Currrent Assets Other1,678,000USD94,000USD4,686,000USD33,000USD85,000USD
Net Working Capital728,639,000USD732,842,000USD179,870,000USD131,779,000USD52,432,000USD
Unclassified Non Current Liabilities3,413,000USD————
Unclassified Equity1,131,562,000USD951,342,000USD6,842,000USD3,638,000USD3,274,000USD
Other Assets——1USD——
Short Long Term Debt———8,966,000USD2,943,000USD
Unclassified Current Liabilities———-8,966,000USD-2,943,002USD
Current Deferred Revenue————2USD
Accumulated Other Comprehensive Income————-3,000USD
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Depreciation1,691,000USD
Stock Based Compensation20,808,000USD
Other Non Cash Items-92,000USD
Change To Account Receivables271,000USD
Change To Inventory562,000USD
Change To Liabilities15,704,000USD
Change In Working Capital-87,000USD
Operating Cash Flow-103,357,000USD
Capital Expenditures-772,000USD
Net Investments-303,645,000USD
Investing Cash Flow-304,417,000USD
Net Common Stock Issuance-194,000USD
Unclassified Financing Cash Flow395,114,000USD
Financing Cash Flow394,920,000USD
Change In Cash-12,854,000USD
End Cash Flow19,636,000USD
SourceDisclosureDeterministicFinal

Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income-60,202,000USD-41,309,000USD-43,808,000USD-41,426,000USD-34,452,000USD-31,798,000USD-20,405,000USD-18,904,000USD
Depreciation841,000USD849,000USD416,000USD156,000USD24,000USD0USD21,000USD7,000USD
Stock Based Compensation6,474,000USD7,187,000USD7,331,000USD7,007,000USD5,151,000USD4,990,000USD2,649,000USD2,246,000USD
Other Non Cash Items8,197,000USD1,040,000USD40,000USD-2,359,000USD-469,000USD1,250,000USD-1,586,000USD-2,476,000USD
Change To Account Receivables-587,000USD-301,000USD-238,000USD-217,000USD436,000USD-644,000USD45,000USD-90,000USD
Change To Inventory72,000USD-64,000USD-380,000USD—0USD———
Change In Working Capital-5,779,000USD-3,983,000USD-2,873,000USD8,663,000USD469,000USD4,896,000USD3,402,000USD3,007,000USD
Total Cash From Operating Activities-56,943,000USD-36,216,000USD-38,894,000USD-27,959,000USD-29,277,000USD-20,662,000USD-15,919,000USD-16,120,000USD
Capital Expenditures-304,000USD-7,000USD-97,000USD-14,000USD-16,000USD-209,000USD-1,000USD-14,000USD
Free Cash Flow-57,247,000USD-36,223,000USD-38,991,000USD-27,973,000USD-29,293,000USD-20,871,000USD-15,918,000USD-16,134,000USD
Investments-334,541,000USD-75,498,000USD15,045,000USD1,407,000USD-186,769,000USD10,905,000USD32,005,000USD-36,230,000USD
Total Cashflows From Investing Activities-334,845,000USD-75,505,000USD15,045,000USD1,407,000USD-186,769,000USD10,905,000USD32,005,000USD-36,230,000USD
Total Cash From Financing Activities392,998,000USD99,066,000USD54,370,000USD-296,000USD450,000USD223,414,000USD2,167,000USD40,000USD
Issuance Of Capital Stock391,550,000USD98,449,000USD49,001,000USD0USD0USD223,059,000USD0USD0USD
Change In Cash1,210,000USD-12,655,000USD30,521,000USD-26,848,000USD-215,596,000USD213,657,000USD18,253,000USD-52,310,000USD
Begin Period Cash Flow32,490,000USD45,145,000USD14,624,000USD41,472,000USD257,068,000USD43,411,000USD25,158,000USD77,468,000USD
End Period Cash Flow33,700,000USD32,490,000USD45,145,000USD14,624,000USD41,472,000USD257,068,000USD43,411,000USD25,158,000USD
Other Cashflows From Financing Activities-174,000USD99,066,000USD5,369,000USD-296,000USD450,000USD-365,000USD2,167,000USD40,000USD
Unclassified Operating Cash Flow-6,474,000USD———————
Net Borrowings—0USD0USD0USD0USD0USD0USD—
Unclassified Financing Cash Flow—-98,449,000USD——————
Other Cashflows From Investing Activities——26,000,000USD-1,000,000USD-25,000,000USD———
Unclassified Investing Cash Flow——-25,903,000USD1,014,000USD25,016,000USD———
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Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USD
Net Income-160,995,000USD-88,039,000USD-48,607,000USD-35,443,000USD-12,839,000USD
Depreciation1,445,000USD32,000USD17,000USD15,000USD10,000USD
Stock Based Compensation26,676,000USD11,402,000USD1,528,000USD676,000USD1,112,000USD
Other Non Cash Items-1,748,000USD-5,014,000USD-2,056,000USD509,000USD30,000USD
Change To Account Receivables-320,000USD-689,000USD0USD——
Change To Inventory-444,000USD0USD0USD——
Change In Working Capital2,276,000USD2,906,000USD3,439,000USD4,439,000USD-1,967,000USD
Total Cash From Operating Activities-132,346,000USD-78,713,000USD-45,679,000USD-29,804,000USD-13,654,000USD
Capital Expenditures-134,000USD-234,000USD0USD-14,000USD-97,000USD
Free Cash Flow-132,480,000USD-78,947,000USD-45,679,000USD-29,818,000USD-13,751,000USD
Investments-223,721,000USD-300,764,000USD-121,195,000USD-55,352,000USD-97,000USD
Total Cashflows From Investing Activities-245,822,000USD-300,764,000USD-121,195,000USD-55,352,000USD-97,000USD
Net Borrowings0USD-365,000USD-16,291,000USD0USD15,201,000USD
Total Cash From Financing Activities153,590,000USD628,279,000USD86,997,000USD119,692,000USD15,446,000USD
Issuance Of Capital Stock147,450,000USD629,469,000USD104,627,000USD119,526,000USD0USD
Change In Cash-224,578,000USD248,802,000USD-79,877,000USD34,536,000USD1,695,000USD
Begin Period Cash Flow257,068,000USD8,266,000USD88,143,000USD53,607,000USD51,912,000USD
End Period Cash Flow32,490,000USD257,068,000USD8,266,000USD88,143,000USD53,607,000USD
Other Cashflows From Financing Activities153,590,000USD-825,000USD103,288,000USD119,526,000USD-97,000USD
Unclassified Investing Cash Flow-21,967,000USD——55,352,000USD—
Unclassified Financing Cash Flow-147,450,000USD—-104,627,000USD-119,360,000USD—
Other Cashflows From Investing Activities———-55,338,000USD—
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Operating metrics

No operating metrics are currently published for this company.

Revenue breakdown

PeriodDimensionBusiness / regionRevenueCurrencySource
Q2 2026Quarterly · 2026-06-30ProductCommercial And Development Revenue1,147,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductLicense And Collaboration Revenue10,000USDDisclosure
Q1 2026Quarterly · 2026-03-31ProductCommercial And Development Revenue1,069,000USD0001193125-26-214669
Q1 2026Quarterly · 2026-03-31ProductLicense And Collaboration Revenue14,000USD0001193125-26-214669
FY 2025Yearly · 2025-12-31ProductCommercial And Development Revenue3,234,000USD0001193125-26-079498
FY 2025Yearly · 2025-12-31ProductLicense And Collaboration Revenue806,000USD0001193125-26-079498
Q3 2025Quarterly · 2025-09-30ProductCommercial And Development Revenue1,508,000USD0001193125-25-283000
Q3 2025Quarterly · 2025-09-30ProductLicense And Collaboration Revenue158,000USD0001193125-25-283000
Q1 2025Quarterly · 2025-03-31ProductCommercial And Development Revenue0USD0001193125-26-214669
Q1 2025Quarterly · 2025-03-31ProductLicense And Collaboration Revenue52,000USD0001193125-26-214669
FY 2024Yearly · 2024-12-31ProductCommercial And Development Revenue0USD0001193125-26-079498
FY 2024Yearly · 2024-12-31ProductLicense And Collaboration Revenue1,139,000USD0001193125-26-079498
Q3 2024Quarterly · 2024-09-30ProductCommercial And Development Revenue0USD0001193125-25-283000
Q3 2024Quarterly · 2024-09-30ProductLicense And Collaboration Revenue43,000USD0001193125-25-283000
FY 2023Yearly · 2023-12-31ProductCommercial And Development Revenue0USD0001193125-26-079498
FY 2023Yearly · 2023-12-31ProductLicense And Collaboration Revenue204,000USD0001193125-26-079498

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.