$7.25B
Revenue
$1.66B
Net Income
58.74%
Gross Margin
25.89%
Op. Margin
$2.25B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 27, 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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $2.12B | $1.77B | $1.81B | $1.54B | $1.82B | $1.59B | $1.51B |
| Revenue Growth % (YoY) | 16.6% | 11.7% | 20.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $866.70M | $724.41M | $747.55M | $650.55M | $742.64M | $634.42M | $643.78M |
| Gross Profit | $1.26B | $1.05B | $1.07B | $884.54M | $1.08B | $951.60M | $862.89M |
| Gross Margin % | 59.2% | 59.1% | 58.8% | 57.6% | 59.3% | 60.0% | 57.3% |
| Operating Expenses | $644.11M | $589.68M | $594.72M | $551.72M | $563.84M | $514.12M | $520.86M |
| Research & Development | $294.98M | $286.46M | $276.66M | $268.12M | $258.75M | $249.16M | $243.15M |
| Selling General & Admin | $349.12M | $303.22M | $318.05M | $283.60M | $305.09M | $264.96M | $277.71M |
| Operating Income | $614.15M | $456.80M | $472.30M | $332.82M | $516.08M | $437.48M | $342.03M |
| Operating Margin % | 28.9% | 25.8% | 26.0% | 21.7% | 28.3% | 27.6% | 22.7% |
| Other Income/Expense | $409.00K | $598.00K | $-256.00K | $987.00K | $5.86M | $1.81M | $-513.00K |
| Income Before Tax | $635.39M | $509.82M | $480.25M | $389.08M | $516.14M | $486.25M | $365.97M |
| Income Tax Expense | $106.70M | $108.20M | $79.43M | $56.31M | $80.41M | $87.14M | $65.34M |
| Net Income | $528.68M | $401.62M | $400.82M | $332.77M | $435.73M | $399.11M | $300.63M |
| Net Margin % | 24.9% | 22.7% | 22.1% | 21.7% | 23.9% | 25.2% | 20.0% |
| Basic EPS | 2.75 | 2.09 | 2.08 | 1.73 | 2.27 | 2.08 | 1.57 |
| Diluted EPS | 2.72 | 2.08 | 2.07 | 1.72 | 2.24 | 2.07 | 1.56 |
| Basic Shares Outstanding | - | 192.5M | 192.5M | 192.5M | - | 192.2M | 192.1M |
| Diluted Shares Outstanding | - | 193.5M | 193.4M | 193.7M | - | 193.2M | 192.9M |
| Breakdown | Q4 2025 (Dec 27, 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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.28B | $2.07B | $2.07B | $2.18B | $2.08B | $2.01B | $1.94B |
| Accounts Receivable | $1.25B | $955.61M | $1.01B | $787.13M | $983.40M | $922.03M | $808.45M |
| Inventory | $1.77B | $1.89B | $1.79B | $1.58B | $1.47B | $1.51B | $1.32B |
| Other Current Assets | $467.56M | $410.30M | $415.07M | $380.51M | $353.99M | $334.49M | $322.04M |
| Total Current Assets | $6.25B | $5.81B | $5.82B | $5.45B | $5.34B | $5.21B | $4.70B |
| Property Plant & Equipment | $1.38B | $1.30B | $1.29B | $1.23B | $1.24B | $1.22B | $1.21B |
| Goodwill | $760.24M | $757.29M | $640.55M | $616.96M | $603.95M | $611.88M | $599.61M |
| Other Non-current Assets | $95.92M | $101.12M | $103.13M | $107.48M | $106.97M | $97.96M | $103.65M |
| Total Assets | $10.99B | $10.52B | $10.32B | $9.79B | $9.63B | $9.35B | $8.88B |
| Accounts Payable | $347.49M | $378.02M | $397.30M | $344.80M | $359.37M | $374.02M | $331.94M |
| Deferred Revenue | $105.65M | $104.98M | $108.44M | $105.72M | $111.00M | $113.05M | $106.00M |
| Total Current Liabilities | $1.72B | $1.75B | $1.93B | $1.33B | $1.51B | $1.58B | $1.62B |
| Deferred Tax Liabilities | $109.70M | $109.04M | $89.19M | $104.92M | $103.27M | $105.00M | $102.95M |
| Other Non-current Liabilities | $625.00K | $914.00K | $844.00K | $803.00K | $776.00K | $602.00K | $571.00K |
| Common Stock | $19.49M | $19.49M | $19.49M | $19.49M | $19.49M | $19.49M | $19.49M |
| Retained Earnings | $6.97B | $6.44B | $6.04B | $6.33B | $6.00B | $5.56B | $5.16B |
| Treasury Stock | $406.42M | $392.74M | $356.36M | $301.80M | $270.52M | $243.99M | $223.90M |
| Total Stockholders Equity | $8.97B | $8.48B | $8.13B | $8.18B | $7.85B | $7.51B | $7.00B |
| Total Liabilities & Equity | $10.99B | $10.52B | $10.32B | $9.79B | $9.63B | $9.35B | $8.88B |
| Breakdown | Q4 2025 (Dec 27, 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $528.68M | $401.62M | $733.59M | $332.77M | $435.73M | $399.11M | $300.63M |
| Stock-based Compensation | $41.00M | $125.00M | $82.28M | $37.77M | $36.12M | $101.04M | $65.98M |
| Change in Receivables | $291.63M | $-68.82M | $-17.90M | $-213.09M | $92.69M | $103.57M | $8.60M |
| Change in Inventory | $-106.82M | $324.88M | $206.28M | $102.24M | $14.95M | $163.87M | $11.37M |
| Change in Payables | $-22.99M | $-7.53M | $-2.59M | $-12.63M | $-3.68M | $124.31M | $92.06M |
| Operating Cash Flow | $553.78M | $1.08B | $593.96M | $420.79M | $483.89M | $948.58M | $690.63M |
| Capital Expenditure | $124.17M | $146.27M | $85.74M | $40.06M | $84.70M | $108.87M | $70.33M |
| Investing Cash Flow | $-131.41M | $-513.83M | $-246.11M | $-132.60M | $-202.57M | $-190.76M | $-143.16M |
| Dividends Paid | $172.97M | $490.92M | $317.75M | $144.57M | $143.98M | $428.37M | $284.25M |
| Financing Cash Flow | $-218.60M | $-625.48M | $-415.75M | $-204.81M | $-177.42M | $-449.43M | $-285.69M |
| Net Change in Cash | $205.81M | $-6.61M | $-7.25M | $96.05M | $70.08M | $315.92M | $244.01M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.