$2.82B
Revenue
$1.05B
Net Income
75.46%
Gross Margin
47.70%
Op. Margin
$1.89B
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $2.82B | $2.82B | $2.68B | $2.71B | $2.63B | $2.31B |
| Revenue Growth % | 0.0% | 5.1% | -1.2% | 3.0% | 14.1% | nan% |
| Cost of Revenue | $690.97M | $690.97M | $581.73M | $612.62M | $222.97M | $159.09M |
| Gross Profit | $2.12B | $2.12B | $2.10B | $2.10B | - | - |
| Gross Margin % | 75.5% | 75.5% | 78.3% | 77.4% | nan% | nan% |
| Operating Expenses | $1.47B | $1.47B | $1.24B | $1.79B | $1.71B | $1.53B |
| Selling General & Admin | $277.61M | $277.61M | $258.76M | $267.94M | $261.85M | $220.03M |
| Operating Income | $1.34B | $1.34B | $1.44B | $923.66M | $925.41M | $782.50M |
| Operating Margin % | 47.7% | 47.7% | 53.6% | 34.1% | 35.1% | 33.9% |
| Interest Expense | $811.57M | $467.40M | $395.11M | $396.59M | $378.57M | $360.10M |
| Interest Income | $31.68M | $31.68M | $41.96M | $18.30M | $10.13M | $3.45M |
| Other Income/Expense | $366.21M | $366.21M | $-250.41M | $63.05M | $10.47M | $-74.28M |
| Income Before Tax | $1.24B | $1.24B | $772.67M | $548.50M | $525.84M | $252.56M |
| Income Tax Expense | $187.58M | $187.58M | $23.99M | $51.09M | $66.04M | $14.94M |
| Net Income | $1.05B | $1.05B | $749.54M | $501.81M | $461.43M | $237.62M |
| Net Margin % | 37.4% | 37.4% | 28.0% | 18.5% | 17.5% | 10.3% |
| Basic EPS | 9.83 | 9.83 | 6.96 | 4.64 | 4.27 | 2.17 |
| Diluted EPS | 9.80 | 9.80 | 6.94 | 4.61 | 4.22 | 2.14 |
| Basic Shares Outstanding | -302K | 107.2M | 107.6M | 108.2M | 108.0M | 109.3M |
| Diluted Shares Outstanding | -298K | 107.5M | 108.1M | 108.9M | 109.4M | 111.2M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $264.57M | $189.84M | $208.55M | $143.71M | $367.28M |
| Short-term Investments | $6.65M | $254.53M | - | - | - |
| Accounts Receivable | $171.26M | $145.69M | $182.75M | $184.37M | $101.95M |
| Other Current Assets | $34.70M | $22.76M | $38.59M | $33.15M | $30.81M |
| Total Current Assets | $773.43M | $1.98B | $484.27M | $482.73M | $614.45M |
| Property Plant & Equipment | $3.40B | $2.79B | $2.71B | $2.71B | $2.58B |
| Intangible Assets | $2.88B | $2.39B | $2.46B | $2.78B | $2.80B |
| Long-term Investments | $21.05M | $20.78M | - | - | - |
| Other Non-current Assets | $651.99M | $657.10M | $812.48M | $722.37M | $575.64M |
| Total Assets | $11.58B | $11.42B | $10.18B | $10.59B | $9.80B |
| Accounts Payable | $73.03M | $59.55M | $42.20M | $51.43M | $34.07M |
| Accrued Liabilities | $93.50M | $81.98M | $92.62M | $101.48M | $68.07M |
| Deferred Revenue | $117.31M | $127.31M | $235.67M | $154.55M | $184.38M |
| Other Current Liabilities | $94.01M | $17.93M | $18.66M | $48.76M | $18.22M |
| Total Current Liabilities | $2.68B | $1.80B | $1.36B | $696.76M | $616.33M |
| Long-term Debt | $12.90B | $13.59B | $11.68B | $12.84B | $12.28B |
| Other Non-current Liabilities | $588.24M | $367.94M | $404.16M | $248.07M | $191.47M |
| Common Stock | $1.06M | $1.08M | $1.08M | $1.08M | $1.09M |
| Retained Earnings | $-7.25B | $-7.33B | $-7.45B | $-7.48B | $-7.20B |
| Total Stockholders Equity | $-4.85B | $-5.11B | $-5.17B | $-5.28B | $-5.28B |
| Total Liabilities & Equity | $11.58B | $11.42B | $10.18B | $10.59B | $9.80B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $1.05B | $1.05B | $749.54M | $501.81M | $461.43M | $237.62M |
| Stock-based Compensation | $128.68M | $75.73M | $74.37M | $87.92M | $99.91M | $84.40M |
| Deferred Income Tax | $202.00M | $104.45M | $-13.09M | $4.63M | $32.90M | $-8.51M |
| Operating Cash Flow | $2.26B | $1.29B | $1.33B | $1.54B | $1.29B | $1.19B |
| Capital Expenditure | $373.03M | $224.82M | $228.15M | $236.70M | $214.44M | $133.69M |
| Acquisitions | $1.12B | $1.06B | $299.81M | $129.96M | $1.18B | $1.26B |
| Purchases of Investments | $1.83B | $1.17B | $1.80B | $1.34B | $881.78M | $1.73B |
| Investing Cash Flow | $-706.26M | $-601.83M | $-809.31M | $-468.25M | $-1.39B | $-1.42B |
| Stock Repurchased | - | $497.81M | $200.02M | $100.01M | $431.67M | $582.58M |
| Dividends Paid | $842.93M | $479.01M | $424.19M | $369.96M | $306.77M | $253.58M |
| Financing Cash Flow | $-4.39B | $-1.66B | $645.74M | $-1.02B | $-135.47M | $339.26M |
| Net Change in Cash | $-2.80B | $-963.64M | $1.15B | $61.66M | $-246.34M | $92.82M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $732.33M | $667.60M | $2.10B | $1.99B |
| Cost of Revenue | $62.51M | $32.39M | $154.22M | $82.70M |
| Operating Expenses | $358.16M | $292.00M | $1.05B | $932.51M |
| Selling General & Admin | $66.01M | $60.09M | $203.25M | $191.16M |
| Operating Income | $374.17M | $375.60M | $1.04B | $1.05B |
| Interest Expense | - | - | $370.13M | $314.70M |
| Interest Income | $5.52M | $7.00M | $24.45M | $21.36M |
| Other Income/Expense | $35.59M | $23.70M | $111.88M | $-125.81M |
| Income Before Tax | $289.08M | $298.21M | $809.76M | $616.79M |
| Income Tax Expense | $48.65M | $42.32M | $125.73M | $46.91M |
| Net Income | $236.82M | $258.53M | $683.34M | $575.91M |
| Basic EPS | 2.21 | 2.41 | 6.36 | 5.35 |
| Diluted EPS | 2.20 | 2.40 | 6.34 | 5.33 |
| Basic Shares Outstanding | $107.26M | $107.49M | $107.51M | $107.68M |
| Diluted Shares Outstanding | $107.56M | $107.92M | $107.83M | $108.07M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $430.31M | $189.84M |
| Accounts Receivable | $158.13M | $145.69M |
| Other Current Assets | $144.06M | $417.33M |
| Total Current Assets | $812.52M | $1.98B |
| Property Plant & Equipment | $3.30B | $2.79B |
| Intangible Assets | $2.73B | $2.39B |
| Other Non-current Assets | $642.06M | $657.10M |
| Total Assets | $11.26B | $11.42B |
| Accounts Payable | $219.72M | $59.55M |
| Accrued Liabilities | $97.54M | $81.98M |
| Deferred Revenue | $132.34M | $127.31M |
| Other Current Liabilities | $59.43M | $17.93M |
| Total Current Liabilities | $1.61B | $1.80B |
| Long-term Debt | $11.93B | $12.40B |
| Other Non-current Liabilities | $554.22M | $367.94M |
| Common Stock | $1.07M | $1.08M |
| Retained Earnings | $-7.28B | $-7.33B |
| Total Stockholders Equity | $-4.93B | $-5.11B |
| Total Liabilities & Equity | $11.26B | $11.42B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $236.82M | $258.53M | $683.34M | $575.91M |
| Stock-based Compensation | - | - | $56.55M | $56.44M |
| Deferred Income Tax | - | - | $94.64M | $17.05M |
| Operating Cash Flow | - | - | $987.30M | $1.02B |
| Capital Expenditure | - | - | $162.09M | $172.60M |
| Acquisitions | $11.80M | $207.39M | $664.41M | $268.41M |
| Purchases of Investments | - | - | $658.00M | $1.20B |
| Investing Cash Flow | - | - | $-421.01M | $-480.42M |
| Stock Repurchased | - | - | $281.53M | $200.02M |
| Dividends Paid | - | - | $360.78M | $318.81M |
| Financing Cash Flow | - | - | $-1.52B | $-533.85M |
| Net Change in Cash | - | - | $-935.26M | $546.00K |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.