$7.25B
Revenue
$1.66B
Net Income
58.74%
Gross Margin
25.89%
Op. Margin
$2.25B
Free Cash Flow
| Breakdown | TTM (Dec 27, 2025) |
FY 2025 (Dec 27, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $7.25B | $7.25B | $6.30B | $5.23B | $4.86B | $4.98B |
| Revenue Growth % | 0.0% | 15.1% | 20.4% | 7.6% | -2.5% | nan% |
| Cost of Revenue | $2.99B | $2.99B | $2.60B | $2.22B | $2.05B | $2.09B |
| Gross Profit | $4.26B | $4.26B | $3.70B | $3.00B | $2.81B | $2.89B |
| Gross Margin % | 58.7% | 58.7% | 58.7% | 57.5% | 57.7% | 58.0% |
| Operating Expenses | $2.38B | $2.38B | $2.10B | $1.91B | $1.78B | $1.67B |
| Research & Development | $1.13B | $1.13B | $993.60M | $904.70M | $834.93M | $840.02M |
| Selling General & Admin | $1.25B | $1.25B | $1.11B | $834.99M | $775.96M | $659.99M |
| Operating Income | $1.88B | $1.88B | $1.59B | $1.09B | $1.03B | $1.22B |
| Operating Margin % | 25.9% | 25.9% | 25.3% | 20.9% | 21.1% | 24.5% |
| Other Income/Expense | $1.74M | $1.74M | $8.49M | $4.46M | $7.58M | $4.87M |
| Income Before Tax | $2.01B | $2.01B | $1.70B | $1.20B | $1.06B | $1.21B |
| Income Tax Expense | $350.65M | $350.65M | $283.96M | $-89.28M | $91.39M | $124.60M |
| Net Income | $1.66B | $1.66B | $1.41B | $1.29B | $973.59M | $1.08B |
| Net Margin % | 23.0% | 23.0% | 22.4% | 24.7% | 20.0% | 21.7% |
| Basic EPS | 8.65 | 8.65 | 7.35 | 6.74 | 5.06 | 5.63 |
| Diluted EPS | 8.59 | 8.59 | 7.30 | 6.71 | 5.04 | 5.61 |
| Basic Shares Outstanding | - | 192.5M | - | - | - | - |
| Diluted Shares Outstanding | - | 193.6M | - | - | - | - |
| Breakdown | FY 2025 (Dec 27, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.28B | $2.08B | $1.69B | $1.28B | $1.50B |
| Accounts Receivable | $1.25B | $983.40M | $815.24M | $656.85M | $843.45M |
| Inventory | $1.77B | $1.47B | $1.35B | $1.52B | $1.23B |
| Other Current Assets | $467.56M | $353.99M | $318.56M | $315.92M | $328.72M |
| Total Current Assets | $6.25B | $5.34B | $4.46B | $3.96B | $4.26B |
| Property Plant & Equipment | $1.38B | $1.24B | $1.22B | $1.15B | $1.07B |
| Goodwill | $760.24M | $603.95M | $608.47M | $567.99M | $575.08M |
| Other Non-current Assets | $95.92M | $106.97M | $85.65M | $85.26M | $103.38M |
| Total Assets | $10.99B | $9.63B | $8.60B | $7.73B | $7.85B |
| Accounts Payable | $347.49M | $359.37M | $253.79M | $212.42M | $370.05M |
| Deferred Revenue | $105.65M | $111.00M | $101.19M | $91.09M | $87.65M |
| Total Current Liabilities | $1.72B | $1.51B | $1.31B | $1.21B | $1.45B |
| Deferred Tax Liabilities | $109.70M | $103.27M | $114.68M | $129.97M | $117.59M |
| Other Non-current Liabilities | $625.00K | $776.00K | $436.00K | $360.00K | $324.00K |
| Common Stock | $19.49M | $19.49M | $19.59M | $17.98M | $17.98M |
| Retained Earnings | $6.97B | $6.00B | $5.26B | $4.73B | $4.32B |
| Treasury Stock | $406.42M | $270.52M | $330.91M | $475.10M | $303.11M |
| Total Stockholders Equity | $8.97B | $7.85B | $7.01B | $6.20B | $6.11B |
| Total Liabilities & Equity | $10.99B | $9.63B | $8.60B | $7.73B | $7.85B |
| Breakdown | TTM (Dec 27, 2025) |
FY 2025 (Dec 27, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $2.00B | $1.66B | $1.41B | $1.29B | $973.59M | $1.08B |
| Stock-based Compensation | $286.05M | $166.00M | $137.16M | $101.42M | $76.80M | $92.52M |
| Deferred Income Tax | - | $82.55M | $-89.64M | $-339.73M | $-142.46M | $-5.44M |
| Change in Receivables | $-8.18M | $222.81M | $196.26M | $129.12M | $-167.34M | $19.11M |
| Change in Inventory | $526.58M | $218.06M | $178.81M | $-244.51M | $363.33M | $476.45M |
| Change in Payables | $-45.74M | $-30.52M | $120.64M | $28.50M | $-131.27M | $108.95M |
| Operating Cash Flow | $2.65B | $1.63B | $1.43B | $1.38B | $788.26M | $1.01B |
| Capital Expenditure | $396.25M | $270.45M | $193.57M | $193.52M | $244.29M | $307.64M |
| Acquisitions | - | - | - | $150.85M | $13.46M | $20.18M |
| Investing Cash Flow | $-1.02B | $-645.24M | $-393.33M | $-332.97M | $-145.12M | $-475.37M |
| Dividends Paid | $1.13B | $663.88M | $572.36M | $558.77M | $679.10M | $491.46M |
| Financing Cash Flow | $-1.46B | $-844.08M | $-626.86M | $-636.51M | $-840.62M | $-486.71M |
| Net Change in Cash | $288.01M | $199.21M | $386.00M | $414.24M | $-218.93M | $40.09M |
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 | $1.77B | $1.59B | $5.12B | $4.47B |
| Cost of Revenue | $724.41M | $634.42M | $2.12B | $1.86B |
| Gross Profit | $1.05B | $951.60M | $3.00B | $2.62B |
| Operating Expenses | $589.68M | $514.12M | $1.74B | $1.54B |
| Research & Development | $286.46M | $249.16M | $831.25M | $734.85M |
| Selling General & Admin | $303.22M | $264.96M | $904.87M | $803.87M |
| Operating Income | $456.80M | $437.48M | $1.26B | $1.08B |
| Other Income/Expense | $598.00K | $1.81M | $1.33M | $2.62M |
| Income Before Tax | $509.82M | $486.25M | $1.38B | $1.18B |
| Income Tax Expense | $108.20M | $87.14M | $243.94M | $203.56M |
| Net Income | $401.62M | $399.11M | $1.14B | $975.70M |
| Basic EPS | 2.09 | 2.08 | 5.90 | 5.08 |
| Diluted EPS | 2.08 | 2.07 | 5.87 | 5.06 |
| Basic Shares Outstanding | $192.46M | $192.20M | $192.51M | $192.06M |
| Diluted Shares Outstanding | $193.53M | $193.17M | $193.55M | $192.94M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.07B | $2.08B |
| Accounts Receivable | $955.61M | $983.40M |
| Inventory | $1.89B | $1.47B |
| Other Current Assets | $410.30M | $353.99M |
| Total Current Assets | $5.81B | $5.34B |
| Property Plant & Equipment | $1.30B | $1.24B |
| Goodwill | $757.29M | $603.95M |
| Other Non-current Assets | $101.12M | $106.97M |
| Total Assets | $10.52B | $9.63B |
| Accounts Payable | $378.02M | $359.37M |
| Deferred Revenue | $104.98M | $111.00M |
| Total Current Liabilities | $1.75B | $1.51B |
| Deferred Tax Liabilities | $109.04M | $103.27M |
| Other Non-current Liabilities | $914.00K | $776.00K |
| Common Stock | $19.49M | $19.49M |
| Retained Earnings | $6.44B | $6.00B |
| Treasury Stock | $392.74M | $270.52M |
| Total Stockholders Equity | $8.48B | $7.85B |
| Total Liabilities & Equity | $10.52B | $9.63B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $401.62M | $399.11M | $1.14B | $975.70M |
| Stock-based Compensation | - | - | $125.00M | $101.04M |
| Change in Receivables | - | - | $-68.82M | $103.57M |
| Change in Inventory | - | - | $324.88M | $163.87M |
| Change in Payables | - | - | $-7.53M | $124.31M |
| Operating Cash Flow | - | - | $1.08B | $948.58M |
| Capital Expenditure | - | - | $146.27M | $108.87M |
| Investing Cash Flow | - | - | $-513.83M | $-190.76M |
| Dividends Paid | - | - | $490.92M | $428.37M |
| Financing Cash Flow | - | - | $-625.48M | $-449.43M |
| Net Change in Cash | - | - | $-6.61M | $315.92M |
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.