$9.22B
Revenue
$1.35B
Net Income
51.09%
Gross Margin
20.05%
Op. Margin
$6.47B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.42B | $2.32B | $2.26B | $2.23B | $2.26B | $2.20B | $2.16B | $2.13B | $2.11B | $2.06B | $2.02B | $2.00B | $1.87B | $1.84B |
| Revenue Growth % (YoY) | 7.0% | 5.2% | 4.5% | 4.6% | 7.1% | 6.8% | 7.0% | 6.4% | 12.8% | 12.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.20B | $1.14B | $1.08B | $1.08B | $1.20B | $1.10B | $1.08B | $1.09B | $1.09B | $1.07B | $1.06B | $1.01B | $970.70M | $934.67M |
| Gross Profit | $1.22B | $1.17B | $1.17B | $1.14B | $1.06B | $1.10B | $1.08B | $1.04B | $1.02B | $992.04M | $957.61M | $992.12M | $900.14M | $905.99M |
| Gross Margin % | 50.5% | 50.7% | 52.0% | 51.3% | 47.1% | 50.1% | 49.9% | 48.7% | 48.2% | 48.1% | 47.4% | 49.7% | 48.1% | 49.2% |
| Operating Expenses | $2.00B | $1.84B | $1.76B | $1.77B | $2.16B | $1.78B | $1.72B | $1.76B | $1.76B | $1.68B | $1.69B | $1.61B | $1.59B | $1.51B |
| Operating Income | $422.00M | $474.00M | $494.00M | $458.00M | $103.00M | $425.00M | $436.00M | $364.00M | $346.14M | $380.35M | $332.39M | $384.12M | $282.20M | $333.16M |
| Operating Margin % | 17.4% | 20.5% | 21.9% | 20.6% | 4.6% | 19.3% | 20.2% | 17.1% | 16.4% | 18.5% | 16.5% | 19.2% | 15.1% | 18.1% |
| Interest Expense | $142.00M | $128.00M | $135.00M | $122.00M | $126.00M | $117.00M | $110.00M | $104.00M | $103.18M | $101.39M | $99.97M | $97.48M | $94.20M | $91.35M |
| Interest Income | $41.00M | $53.00M | $52.00M | $47.00M | $49.00M | $35.00M | $29.00M | $24.00M | $28.00M | $23.11M | $23.50M | $19.39M | $18.46M | $11.19M |
| Other Income/Expense | $-9.00M | - | $-7.00M | $9.00M | $-11.00M | $7.00M | $-7.00M | $-6.00M | $-1.01M | $-5.97M | $-11.52M | $7.50M | $-28.89M | $-6.74M |
| Income Before Tax | $312.00M | $399.00M | $405.00M | $392.00M | - | $350.00M | $348.00M | $277.00M | $270.07M | $295.75M | $244.40M | $313.79M | $177.71M | $246.34M |
| Income Tax Expense | $48.00M | $25.00M | $38.00M | $49.00M | $14.00M | $54.00M | $47.00M | $46.00M | $42.58M | $19.98M | $37.38M | $55.05M | $48.81M | $34.61M |
| Net Income | $265.00M | $374.00M | $368.00M | $343.00M | $-14.00M | $297.00M | $301.00M | $231.00M | $227.39M | $275.79M | $207.03M | $258.79M | $128.76M | $211.81M |
| Net Margin % | 11.0% | 16.1% | 16.3% | 15.4% | -0.6% | 13.5% | 13.9% | 10.9% | 10.8% | 13.4% | 10.3% | 13.0% | 6.9% | 11.5% |
| Basic EPS | 2.69 | 3.82 | 3.76 | 3.52 | -0.19 | 3.11 | 3.17 | 2.44 | 2.41 | 2.94 | 2.21 | 2.78 | 1.38 | 2.30 |
| Diluted EPS | 2.69 | 3.81 | 3.75 | 3.50 | -0.19 | 3.10 | 3.16 | 2.43 | 2.40 | 2.93 | 2.21 | 2.77 | 1.38 | 2.30 |
| Basic Shares Outstanding | - | 98.0M | 97.8M | 97.5M | 465K | 95.4M | 94.9M | 94.7M | 219K | 93.7M | 93.5M | 93.0M | 335K | 91.9M |
| Diluted Shares Outstanding | - | 98.2M | 98.0M | 97.9M | 477K | 95.7M | 95.2M | 95.2M | 221K | 94.2M | 93.9M | 93.3M | 309K | 92.1M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.73B | $2.08B | $3.66B | $2.95B | $3.08B | $2.78B | $1.99B | $1.53B | $2.10B | $2.36B | $2.34B | $2.64B | $1.91B | $2.50B |
| Short-term Investments | $1.50B | $854.00M | $872.00M | $723.00M | $527.00M | $451.00M | - | - | - | - | - | - | - | - |
| Accounts Receivable | $1.00B | $1.14B | $1.14B | $1.09B | $949.00M | $1.12B | $1.12B | $1.08B | $1.00B | $1.03B | $1.01B | $913.41M | $855.38M | $778.86M |
| Other Current Assets | $897.00M | $891.00M | $881.00M | $743.00M | $890.00M | $705.00M | $612.00M | $561.00M | $468.19M | $497.19M | $395.72M | $437.15M | $459.14M | $656.87M |
| Total Current Assets | $5.12B | $4.97B | $6.55B | $5.50B | $5.45B | $5.05B | $3.73B | $3.17B | $3.57B | $3.89B | $3.74B | $3.99B | $3.31B | $4.02B |
| Property Plant & Equipment | $23.58B | $21.90B | $21.21B | $20.02B | $19.25B | $19.66B | $18.61B | $18.51B | $18.60B | $17.37B | $17.27B | $16.91B | $16.65B | $15.14B |
| Goodwill | $5.98B | $5.95B | $5.98B | $5.63B | $5.50B | $5.77B | $5.62B | $5.62B | $5.74B | $5.59B | $5.73B | $5.71B | $5.65B | $5.39B |
| Intangible Assets | $1.32B | $1.33B | $1.39B | $1.39B | $1.42B | $1.54B | $1.57B | $1.62B | $1.71B | $1.73B | $1.81B | $1.86B | $1.90B | $1.89B |
| Other Non-current Assets | $2.74B | $2.48B | $2.24B | $2.06B | $2.05B | $1.92B | $1.94B | $1.62B | $1.59B | $1.59B | $1.49B | $1.39B | $1.38B | $1.50B |
| Total Assets | $40.14B | $38.06B | $38.85B | $36.08B | $35.09B | $35.44B | $32.85B | $31.94B | $32.65B | $31.68B | $31.57B | $31.27B | $30.31B | $29.33B |
| Accounts Payable | $127.00M | - | - | - | $133.00M | - | - | - | - | - | - | - | - | - |
| Deferred Revenue | $133.00M | - | - | - | $123.00M | - | - | - | $125.00M | - | - | - | - | - |
| Other Current Liabilities | $340.00M | $280.00M | $368.00M | $245.00M | $232.00M | $297.00M | $230.00M | $186.00M | $301.73M | $194.70M | $215.47M | $226.08M | $251.35M | $211.43M |
| Total Current Liabilities | $3.89B | $3.07B | $4.24B | $3.33B | $3.35B | $4.37B | $3.07B | $2.89B | $3.16B | $1.89B | $1.85B | $1.75B | $1.84B | $1.70B |
| Deferred Tax Liabilities | $367.00M | - | - | - | $339.00M | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $983.00M | $861.00M | $932.00M | $744.00M | $760.00M | $822.00M | $787.00M | $752.00M | $795.55M | $775.27M | $785.55M | $784.90M | $797.86M | $738.92M |
| Total Liabilities | $25.96B | $23.88B | $24.74B | $22.17B | $21.53B | $21.83B | $20.55B | $19.61B | $20.14B | $19.77B | $19.52B | $19.25B | $18.80B | $18.17B |
| Common Stock | - | - | - | - | - | - | - | - | $95.00K | $94.00K | $94.00K | $94.00K | $93.00K | $93.00K |
| Retained Earnings | $6.10B | $5.83B | $5.46B | $5.09B | $4.75B | $4.76B | $4.47B | $4.17B | $3.93B | $3.71B | $3.43B | $3.22B | $2.96B | $2.84B |
| Total Stockholders Equity | $14.16B | $14.16B | $14.08B | $13.89B | $13.53B | $13.59B | $12.28B | $12.30B | $12.49B | $11.89B | $12.02B | $12.03B | $11.51B | $11.15B |
| Total Liabilities & Equity | $40.14B | $38.06B | $38.85B | $36.08B | $35.09B | $35.44B | $32.85B | $31.94B | $32.65B | $31.68B | $31.57B | $31.27B | $30.31B | $29.33B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $265.00M | $374.00M | $368.00M | $343.00M | $-14.00M | $829.00M | $532.00M | $231.00M | $227.39M | $275.79M | $207.03M | $258.79M | $128.76M | $211.81M |
| Stock-based Compensation | $128.00M | $370.00M | $240.00M | $113.00M | $114.00M | $348.00M | $226.00M | $101.00M | $105.29M | $301.71M | $203.26M | $98.72M | $107.52M | $296.46M |
| Change in Receivables | $-140.00M | $180.00M | $169.00M | $133.00M | $-180.00M | $153.00M | $141.00M | $85.00M | $-49.70M | $199.70M | $152.56M | $53.39M | $56.21M | $97.21M |
| Operating Cash Flow | $1.14B | $2.77B | $1.75B | $809.00M | $981.00M | $2.27B | $1.51B | $598.00M | $999.12M | $2.22B | $1.43B | $691.41M | $760.19M | $2.20B |
| Acquisitions | $69.00M | $182.00M | $182.00M | - | - | - | - | - | - | - | - | - | - | $964.01M |
| Purchases of Investments | - | - | - | - | - | - | - | $3.00M | $54.53M | $81.35M | $54.68M | $24.39M | $35.22M | $109.42M |
| Investing Cash Flow | $-2.71B | $-3.77B | $-2.40B | $-964.00M | $-1.11B | $-2.83B | $-1.46B | $-727.00M | $-1.28B | $-1.94B | $-1.19B | $-522.14M | $-1.07B | $-2.29B |
| Stock Issued | - | $99.00M | $99.00M | $99.00M | $697.00M | $976.00M | - | - | $433.23M | $300.77M | $300.77M | $300.77M | - | $796.02M |
| Dividends Paid | $461.00M | $1.40B | $928.00M | $468.00M | $413.00M | $1.23B | $817.00M | $412.00M | $404.01M | $970.99M | $646.40M | $326.16M | $287.57M | $863.89M |
| Financing Cash Flow | $1.23B | $47.00M | $1.21B | $15.00M | $478.00M | $1.25B | $-103.00M | $-397.00M | $-21.95M | $232.95M | $215.01M | $542.24M | $-325.68M | $1.18B |
| Net Change in Cash | $-341.00M | $-917.00M | $608.00M | $-120.00M | $306.00M | $680.00M | $-100.00M | $-566.00M | $-262.01M | $450.01M | $434.33M | $735.39M | $-599.62M | $958.41M |
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 | $2.32B | - | $6.80B | - |
| Cost of Revenue | $1.14B | - | $3.31B | - |
| Operating Expenses | $1.84B | - | $5.37B | - |
| Operating Income | $474.00M | - | $1.43B | - |
| Interest Expense | $128.00M | - | $385.00M | - |
| Interest Income | $53.00M | - | $152.00M | - |
| Other Income/Expense | - | - | $2.00M | - |
| Income Before Tax | $399.00M | - | $1.20B | - |
| Income Tax Expense | $25.00M | - | $112.00M | - |
| Net Income | $374.00M | $301.00M | $1.08B | - |
| Basic EPS | 3.82 | - | 11.10 | - |
| Diluted EPS | 3.81 | - | 11.07 | - |
| Basic Shares Outstanding | $97.98M | - | $97.78M | - |
| Diluted Shares Outstanding | $98.17M | - | $98.04M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.08B | $3.08B |
| Short-term Investments | $854.00M | $527.00M |
| Accounts Receivable | $1.14B | $949.00M |
| Other Current Assets | $891.00M | $890.00M |
| Total Current Assets | $4.97B | $5.45B |
| Property Plant & Equipment | $21.90B | $19.25B |
| Goodwill | $5.95B | $5.50B |
| Intangible Assets | $1.33B | $1.42B |
| Other Non-current Assets | $2.48B | $2.05B |
| Total Assets | $38.06B | $35.09B |
| Other Current Liabilities | $280.00M | $232.00M |
| Total Current Liabilities | $3.07B | $3.35B |
| Other Non-current Liabilities | $861.00M | $760.00M |
| Total Liabilities | $23.88B | $21.53B |
| Common Stock | - | - |
| Retained Earnings | $5.83B | $4.75B |
| Total Stockholders Equity | $14.16B | $13.53B |
| Total Liabilities & Equity | $38.06B | $35.09B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $374.00M | $301.00M | $1.08B | - |
| Stock-based Compensation | - | - | $370.00M | - |
| Change in Receivables | - | - | $180.00M | - |
| Operating Cash Flow | - | - | $2.77B | - |
| Acquisitions | - | - | $182.00M | - |
| Investing Cash Flow | - | - | $-3.77B | - |
| Stock Issued | - | - | $99.00M | - |
| Dividends Paid | - | - | $1.40B | - |
| Financing Cash Flow | - | - | $47.00M | - |
| Net Change in Cash | - | - | $-917.00M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.