$3.01B
Revenue
$623.00M
Net Income
48.60%
Gross Margin
29.24%
Op. Margin
$1.12B
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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.01B | $3.01B | $3.23B | $3.04B | $2.77B | $2.40B | $2.08B | $2.70B | $2.71B | $2.26B | $1.84B |
| Revenue Growth % | 0.0% | -6.7% | 6.3% | 9.6% | 15.3% | 15.4% | -22.9% | -0.6% | 19.9% | 22.9% | nan% |
| Cost of Revenue | $1.55B | $1.55B | $1.70B | $1.56B | $1.47B | $1.26B | $1.08B | $1.30B | $1.29B | $1.13B | $976.00M |
| Gross Profit | $1.46B | $1.46B | $1.53B | $1.47B | $1.30B | $1.15B | $998.00M | $1.39B | $1.42B | $1.13B | $864.20M |
| Gross Margin % | 48.6% | 48.6% | 47.4% | 48.4% | 46.8% | 47.7% | 48.0% | 51.7% | 52.4% | 50.0% | 47.0% |
| Research & Development | $174.00M | $174.00M | $200.00M | $194.00M | $185.00M | $171.00M | $147.00M | $154.00M | $131.00M | $105.00M | $88.80M |
| Selling General & Admin | $380.00M | $380.00M | $337.00M | $357.00M | $328.00M | $305.00M | $317.00M | $356.00M | $364.00M | $342.00M | $323.90M |
| Operating Income | $880.00M | $880.00M | $992.00M | $919.00M | $784.00M | $669.00M | $534.00M | $892.00M | $923.00M | $652.00M | $451.50M |
| Operating Margin % | 29.2% | 29.2% | 30.8% | 30.3% | 28.3% | 27.9% | 25.7% | 33.1% | 34.0% | 28.8% | 24.5% |
| Interest Expense | $207.00M | $120.00M | $124.00M | $131.00M | $117.00M | $103.00M | $136.00M | $125.00M | $115.00M | $124.00M | $78.30M |
| Interest Income | - | - | - | - | - | - | - | - | - | - | $700.00K |
| Other Income/Expense | $16.00M | $16.00M | $-6.00M | $15.00M | $-21.00M | $19.00M | $-4.00M | $10.00M | $3.00M | $-22.00M | $2.40M |
| Income Before Tax | $804.00M | $804.00M | $897.00M | $827.00M | $645.00M | $572.00M | $393.00M | $768.00M | $805.00M | $527.00M | $341.30M |
| Income Tax Expense | $181.00M | $181.00M | $166.00M | $154.00M | $114.00M | $130.00M | $94.00M | $164.00M | $166.00M | $23.00M | $126.40M |
| Net Income | $623.00M | $623.00M | $731.00M | $673.00M | $531.00M | $442.00M | $299.00M | $604.00M | $639.00M | $504.00M | $214.90M |
| Net Margin % | 20.7% | 20.7% | 22.7% | 22.2% | 19.2% | 18.4% | 14.4% | 22.4% | 23.6% | 22.3% | 11.7% |
| Basic EPS | 7.39 | 7.42 | 8.40 | 7.48 | 5.53 | 4.13 | 2.62 | 4.95 | 4.81 | 3.38 | 1.28 |
| Diluted EPS | 7.32 | 7.33 | 8.31 | 7.40 | 5.53 | 4.13 | 2.62 | 4.91 | 4.78 | 3.36 | 1.27 |
| Basic Shares Outstanding | - | 84.0M | 87.0M | 90.0M | - | - | - | - | - | - | - |
| Diluted Shares Outstanding | - | 85.0M | 88.0M | 91.0M | - | - | - | - | - | - | - |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.50B | $781.00M | $555.00M | $232.00M | $127.00M | $310.00M | $192.00M | $231.00M | $199.00M | $204.70M |
| Accounts Receivable | $333.00M | $360.00M | $356.00M | $363.00M | $301.00M | $228.00M | $253.00M | $279.00M | $221.00M | $196.90M |
| Inventory | $316.00M | $315.00M | $276.00M | $224.00M | $204.00M | $181.00M | $199.00M | $170.00M | $154.00M | $125.60M |
| Other Current Assets | $89.00M | $82.00M | $63.00M | $47.00M | $39.00M | $37.00M | $42.00M | $29.00M | $25.00M | $20.40M |
| Total Current Assets | $2.23B | $1.54B | $1.25B | $866.00M | $671.00M | $756.00M | $686.00M | $725.00M | $632.00M | $547.60M |
| Property Plant & Equipment | $862.00M | $803.00M | $774.00M | $763.00M | $706.00M | $638.00M | $616.00M | $466.00M | $448.00M | $464.10M |
| Goodwill | $2.08B | $2.08B | $2.08B | $2.08B | $2.06B | $2.06B | $2.04B | $1.94B | $1.94B | $1.94B |
| Intangible Assets | $794.00M | $822.00M | $833.00M | $878.00M | $917.00M | $963.00M | $1.04B | $1.07B | $1.15B | $1.24B |
| Long-term Investments | $24.00M | $11.00M | $20.00M | $22.00M | $46.00M | - | - | - | - | - |
| Other Non-current Assets | $94.00M | $87.00M | $72.00M | $67.00M | $53.00M | $56.00M | $65.00M | $39.00M | $31.00M | $23.50M |
| Total Assets | $6.08B | $5.34B | $5.03B | $4.67B | $4.46B | $4.48B | $4.45B | $4.24B | $4.21B | $4.22B |
| Accounts Payable | $190.00M | $212.00M | $210.00M | $195.00M | $179.00M | $157.00M | $150.00M | $169.00M | $159.00M | $127.90M |
| Deferred Revenue | $34.00M | $41.00M | $41.00M | $38.00M | $37.00M | $34.00M | $35.00M | $34.00M | $41.00M | $27.30M |
| Other Current Liabilities | $197.00M | $217.00M | $212.00M | $208.00M | $204.00M | $140.00M | $202.00M | $197.00M | $183.00M | $150.20M |
| Total Current Liabilities | $460.00M | $506.00M | $501.00M | $480.00M | $459.00M | $373.00M | $417.00M | $426.00M | $417.00M | $342.20M |
| Long-term Debt | $2.91B | $2.41B | $2.50B | $2.50B | $2.50B | $2.51B | $2.51B | $2.52B | $2.53B | $2.15B |
| Deferred Tax Liabilities | $557.00M | $501.00M | $519.00M | $536.00M | $514.00M | $442.00M | $387.00M | $329.00M | $276.00M | - |
| Other Non-current Liabilities | $160.00M | $152.00M | $159.00M | $163.00M | $227.00M | $260.00M | $221.00M | $172.00M | $181.00M | $233.30M |
| Total Liabilities | $4.21B | $3.69B | $3.79B | $3.80B | $3.82B | $3.72B | $3.67B | $3.58B | $3.52B | $3.14B |
| Retained Earnings | $-38.00M | $-239.00M | $-628.00M | $-953.00M | $-1.13B | $-974.00M | $-970.00M | $-1.10B | $-1.05B | $-586.40M |
| Total Stockholders Equity | $1.87B | $1.65B | $1.23B | $874.00M | $634.00M | $756.00M | $781.00M | $659.00M | $689.00M | $1.08B |
| Total Liabilities & Equity | $6.08B | $5.34B | $5.03B | $4.67B | $4.46B | $4.48B | $4.45B | $4.24B | $4.21B | $4.22B |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $815.00M | $623.00M | $731.00M | $673.00M | $531.00M | $442.00M | $299.00M | $604.00M | $639.00M | $504.00M | $214.90M |
| Stock-based Compensation | $47.00M | $27.00M | $26.00M | $22.00M | $18.00M | $14.00M | $17.00M | $13.00M | $13.00M | $12.00M | $9.40M |
| Deferred Income Tax | $59.00M | $64.00M | $-17.00M | $-17.00M | $-4.00M | $64.00M | $69.00M | $65.00M | $52.00M | $-50.00M | $114.20M |
| Change in Receivables | $-5.00M | $-34.00M | $8.00M | $-7.00M | $70.00M | $78.00M | $-28.00M | $-37.00M | $61.00M | $19.00M | $3.70M |
| Change in Inventory | $51.00M | $-3.00M | $44.00M | $52.00M | $25.00M | $26.00M | $-21.00M | $11.00M | $18.00M | $25.00M | $-15.40M |
| Change in Payables | $1.00M | $-36.00M | $1.00M | $21.00M | $15.00M | $24.00M | $-4.00M | $-25.00M | $9.00M | $30.00M | $1.90M |
| Operating Cash Flow | $1.38B | $836.00M | $801.00M | $784.00M | $657.00M | $635.00M | $561.00M | $847.00M | $837.00M | $658.00M | $591.00M |
| Capital Expenditure | $258.00M | $175.00M | $143.00M | $125.00M | $167.00M | $175.00M | $115.00M | $172.00M | $100.00M | $91.00M | $70.60M |
| Purchases of Investments | - | - | - | - | - | $41.00M | - | $1.00M | $3.00M | $3.00M | $1.00M |
| Investing Cash Flow | $-269.00M | $-184.00M | $-147.00M | $-129.00M | $-183.00M | $-212.00M | $-111.00M | $-405.00M | $-103.00M | $-94.00M | $-72.00M |
| Stock Repurchased | $733.00M | $328.00M | $254.00M | $263.00M | $278.00M | $513.00M | $225.00M | $393.00M | $609.00M | $885.00M | $256.20M |
| Dividends Paid | $161.00M | $91.00M | $87.00M | $83.00M | $80.00M | $81.00M | $78.00M | $73.00M | $80.00M | $89.00M | $100.60M |
| Financing Cash Flow | $-443.00M | $57.00M | $-427.00M | $-332.00M | $-367.00M | $-604.00M | $-335.00M | $-480.00M | $-700.00M | $-574.00M | $-564.00M |
| Net Change in Cash | $683.00M | $714.00M | $226.00M | $323.00M | $105.00M | $-183.00M | $118.00M | $-39.00M | $32.00M | $-6.00M | $-46.90M |
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 | $693.00M | $824.00M | $2.27B | $2.43B |
| Cost of Revenue | $364.00M | $428.00M | $1.16B | $1.27B |
| Gross Profit | $329.00M | $396.00M | $1.11B | $1.16B |
| Research & Development | $43.00M | $51.00M | $130.00M | $146.00M |
| Selling General & Admin | $82.00M | $85.00M | $270.00M | $253.00M |
| Operating Income | $204.00M | $260.00M | $709.00M | $757.00M |
| Interest Expense | - | - | $87.00M | $91.00M |
| Other Income/Expense | $2.00M | $10.00M | $15.00M | $-2.00M |
| Income Before Tax | $182.00M | $249.00M | $657.00M | $687.00M |
| Income Tax Expense | $45.00M | $49.00M | $133.00M | $131.00M |
| Net Income | $137.00M | $200.00M | $524.00M | $556.00M |
| Basic EPS | 1.63 | 2.30 | 6.24 | 6.39 |
| Diluted EPS | 1.63 | 2.27 | 6.16 | 6.32 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $902.00M | $781.00M |
| Accounts Receivable | $329.00M | $360.00M |
| Inventory | $331.00M | $315.00M |
| Other Current Assets | $109.00M | $82.00M |
| Total Current Assets | $1.67B | $1.54B |
| Property Plant & Equipment | $834.00M | $803.00M |
| Goodwill | $2.08B | $2.08B |
| Intangible Assets | $816.00M | $822.00M |
| Long-term Investments | $23.00M | $11.00M |
| Other Non-current Assets | $98.00M | $87.00M |
| Total Assets | $5.52B | $5.34B |
| Accounts Payable | $192.00M | $212.00M |
| Deferred Revenue | $35.00M | $41.00M |
| Other Current Liabilities | $172.00M | $217.00M |
| Total Current Liabilities | $438.00M | $506.00M |
| Long-term Debt | $2.39B | $2.40B |
| Deferred Tax Liabilities | $545.00M | $501.00M |
| Other Non-current Liabilities | $152.00M | $152.00M |
| Total Liabilities | $3.68B | $3.69B |
| Retained Earnings | $-70.00M | $-239.00M |
| Total Stockholders Equity | $1.84B | $1.65B |
| Total Liabilities & Equity | $5.52B | $5.34B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $137.00M | $200.00M | $524.00M | $556.00M |
| Stock-based Compensation | - | - | $20.00M | $20.00M |
| Deferred Income Tax | - | - | $46.00M | $-12.00M |
| Change in Receivables | - | - | $-37.00M | $36.00M |
| Change in Inventory | - | - | $11.00M | $50.00M |
| Change in Payables | - | - | $-38.00M | $36.00M |
| Operating Cash Flow | - | - | $593.00M | $590.00M |
| Capital Expenditure | - | - | $101.00M | $68.00M |
| Investing Cash Flow | - | - | $-108.00M | $-70.00M |
| Stock Repurchased | - | - | $282.00M | $133.00M |
| Dividends Paid | - | - | $69.00M | $66.00M |
| Financing Cash Flow | - | - | $-368.00M | $-287.00M |
| Net Change in Cash | - | - | $121.00M | $233.00M |
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.