v3.25.3
EARNINGS (LOSS) PER SHARE
 9 Months Ended
Sep. 27, 2025
EARNINGS (LOSS) PER SHARE  
EARNINGS (LOSS) PER SHARE

NOTE 5 - EARNINGS (LOSS) PER SHARE

The following table summarizes the calculation of basic earnings (loss) per share for the periods presented:

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Three Months Ended

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Nine Months Ended

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September 27,

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September 28,

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September 27,

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September 28,

In millions, except per share amounts

    

2025

    

2024

    

2025

    

2024

Numerator:

 

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Net income (loss)

 

$

(96)

 

$

(2,715)

 

$

(265)

 

$

(3,019)

Denominator:

 

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Weighted average common shares - basic and diluted

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814

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811

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813

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808

Earnings (loss) per share:

 

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Basic and diluted

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$

(0.12)

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$

(3.35)

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$

(0.33)

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$

(3.74)

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For the three months ended September 27, 2025 and September 28, 2024, the computation of diluted earnings (loss) per share attributable to common stockholders does not include 32.3 million and 20.4 million potential common shares, respectively; and 25.3 million and 17.0 million potential common shares for the nine months ended September 27, 2025 and September 28, 2024, respectively, related to restricted stock units granted under the 2022 Plan to the Company’s employees, as the effect of their inclusion would have been anti-dilutive.