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$9.41B
Revenue
$665.48M
Net Income
52.67%
Gross Margin
8.89%
Op. Margin
$135.31M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 14 annual reports available (2011 - 2024)
Breakdown TTM
(Jun 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
+ Total Revenue $9.41B $8.97B $8.00B $7.44B $6.31B $4.60B
Revenue Growth % 4.9% 12.1% 7.5% 18.0% 37.3% nan%
Cost of Revenue $4.45B $4.20B $3.85B $3.93B $3.19B $2.41B
+ Gross Profit $4.96B $4.77B $4.15B $3.52B $3.12B $2.19B
Gross Margin % 52.7% 53.2% 51.9% 47.2% 49.5% 47.6%
Operating Expenses $4.12B $3.86B $3.37B $2.97B $2.53B $2.07B
Selling General & Admin - - - - - $2.07B
+ Operating Income $837.13M $904.26M $784.79M $546.67M $598.19M $133.68M
Operating Margin % 8.9% 10.1% 9.8% 7.3% 9.5% 2.9%
Interest Expense $43.32M $21.29M $21.87M $19.29M $14.58M $16.33M
Interest Income - - - - - $5.91M
Other Income/Expense $47.24M $-26.51M $16.09M $-24.41M $-28.43M $31.46M
Income Before Tax $884.38M $877.75M $800.87M $522.26M $569.76M $154.73M
Income Tax Expense $151.89M $148.14M $150.95M $93.09M $-245.88M $8.50M
+ Net Income $665.48M $639.47M $545.80M $373.03M $741.50M $98.56M
Net Margin % 7.1% 7.1% 6.8% 5.0% 11.8% 2.1%
Basic EPS 4.43 4.21 3.53 2.40 4.77 0.64
Diluted EPS 4.39 4.16 3.49 2.38 4.73 0.64
Basic Shares Outstanding 150.0M 151.8M 154.5M 155.6M 155.5M 154.2M
Diluted Shares Outstanding 151.3M 153.8M 156.3M 156.6M 156.8M 154.9M
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Cash & Cash Equivalents $1.12B $1.19B $615.73M $796.28M $1.37B
Short-term Investments $118.47M $72.59M $102.17M $98.58M $100.77M
Accounts Receivable $990.56M $860.30M $848.29M $732.79M $619.80M
Inventory $1.92B $1.53B - - -
Other Current Assets $205.99M $222.14M $176.03M $193.55M $166.96M
Total Current Assets $4.45B $3.95B $3.65B $3.37B $3.34B
Property Plant & Equipment $1.83B $1.51B $1.35B $1.13B $935.44M
Goodwill $94.49M $101.23M $93.50M $93.50M $93.50M
Long-term Investments $146.69M $124.00M $70.50M $145.59M $108.41M
Other Non-current Assets $126.27M $136.09M $83.09M $75.11M $95.26M
Total Assets $8.46B $7.55B $6.89B $6.49B $5.81B
Accounts Payable $1.24B $1.01B $957.38M $876.34M $744.08M
Short-term Debt $33.34M $11.89M $19.64M $1.20M $3.30M
Accrued Liabilities $330.25M $320.11M $294.14M $265.42M $208.71M
Total Current Liabilities $2.26B $1.66B $1.61B $1.45B $1.21B
Long-term Debt $68.45M $242.94M $216.49M $263.44M $679.41M
Deferred Tax Liabilities $11.15M $12.59M $8.66M $11.82M $11.44M
Other Non-current Liabilities $123.12M $122.79M $120.05M $133.61M $118.08M
Total Liabilities $3.64B $3.15B $3.02B $2.95B $3.09B
Retained Earnings $4.44B $3.80B $3.25B $2.88B $2.14B
Total Stockholders Equity $4.28B $4.02B $3.57B $3.26B $2.48B
Total Liabilities & Equity $8.46B $7.55B $6.89B $6.49B $5.81B
Breakdown TTM
(Jun 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Net Income $1.21B $639.47M $545.80M $373.03M $741.50M $98.56M
Depreciation & Amortization $385.74M $211.50M $181.93M $153.72M $139.58M $142.81M
Stock-based Compensation $160.69M $86.67M $67.96M $59.87M $60.11M $65.24M
Deferred Income Tax $23.37M $5.08M $-2.37M $-6.49M $-387.25M $-19.57M
Change in Receivables $577.55M $248.56M $3.42M $179.73M $154.25M $-13.26M
Change in Inventory $193.15M $441.70M $-324.19M $389.03M $458.00M $-78.63M
Change in Payables $-122.27M $260.51M $41.56M $107.20M $135.14M $-37.71M
Operating Cash Flow $1.03B $687.39M $1.23B $238.32M $212.15M $331.45M
Capital Expenditure $894.62M $416.79M $323.72M $358.99M $309.67M $309.92M
Acquisitions - - $70.37M - - -
Purchases of Investments $331.22M $197.42M $160.23M $70.84M $215.16M $166.61M
Investing Cash Flow $-927.32M $-485.36M $-418.02M $-287.49M $-344.67M $-312.47M
Stock Repurchased $330.10M $330.10M $160.06M $74.25M - -
Financing Cash Flow $-42.16M $-253.46M $-234.68M $-118.06M $-433.92M $533.30M
Net Change in Cash $63.82M $-73.39M $574.18M $-180.55M $-574.54M $545.95M
SEC Filing Format - Data shown as it appears in the Q2 2025 (10-Q) filing Period ended: Jun 30, 2025
Condensed Consolidated Statements of Operations
Description Jun 30, 2025 Jun 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $2.44B $2.16B $4.85B $4.41B
Cost of Revenue $1.14B $973.21M $2.30B $2.04B
Gross Profit $1.30B $1.18B $2.56B $2.37B
Operating Expenses $1.13B $977.91M $2.12B $1.86B
Operating Income $173.08M $206.53M $438.21M $505.33M
Interest Expense - - $15.55M $9.11M
Other Income/Expense $45.52M $-1.65M $70.05M $-3.70M
Income Before Tax $218.60M $204.88M $508.25M $501.63M
Income Tax Expense $35.89M $40.35M $100.48M $96.72M
Net Income $170.50M $140.30M $372.93M $346.92M
Basic EPS 1.14 0.92 2.49 2.27
Diluted EPS 1.13 0.91 2.46 2.24
Basic Shares Outstanding $150.00M $152.50M $149.71M $152.71M
Diluted Shares Outstanding $151.31M $154.18M $151.40M $154.64M
Condensed Consolidated Balance Sheets
Description Jun 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.38B $1.12B
Short-term Investments $106.25M $118.47M
Accounts Receivable $1.15B $990.56M
Inventory $1.87B $1.92B
Other Current Assets $242.04M $205.99M
Total Current Assets $4.85B $4.45B
Property Plant & Equipment $2.08B $1.83B
Goodwill $103.94M $94.49M
Long-term Investments $157.45M $146.69M
Other Non-current Assets $130.05M $126.27M
Total Assets $9.28B $8.46B
Accounts Payable $1.16B $1.24B
Short-term Debt $179.63M $33.34M
Accrued Liabilities $356.30M $330.25M
Total Current Liabilities $2.32B $2.26B
Long-term Debt $87.97M $68.45M
Deferred Tax Liabilities $10.28M $11.15M
Other Non-current Liabilities $129.60M $123.12M
Total Liabilities $3.90B $3.64B
Retained Earnings $4.81B $4.44B
Total Stockholders Equity $4.78B $4.28B
Total Liabilities & Equity $9.28B $8.46B
Condensed Consolidated Statements of Cash Flows
Description Jun 30, 2025 Jun 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $170.50M $140.30M $372.93M $346.92M
Depreciation & Amortization - - $117.18M $99.66M
Stock-based Compensation - - $49.57M $44.16M
Deferred Income Tax - - $15.38M $13.38M
Change in Receivables - - $89.75M $219.91M
Change in Inventory - - $-90.60M $15.10M
Change in Payables - - $-109.68M $192.34M
Operating Cash Flow - - $448.18M $494.43M
Capital Expenditure - - $330.72M $169.54M
Purchases of Investments - - $92.06M $121.16M
Investing Cash Flow - - $-314.96M $-240.44M
Stock Repurchased - - - $120.04M
Financing Cash Flow - - $100.13M $-163.72M
Net Change in Cash - - $260.64M $90.52M

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.

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