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$15.00B
Revenue
$-14.50B
Net Income
37.05%
Gross Margin
-118.12%
Op. Margin
$-1.45B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 16 of 16 annual reports available (2010 - 2025)
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
+ Total Revenue $15.00B $15.00B $15.83B $17.02B $2.00B $1.99B $1.89B $1.89B $2.09B $1.89B $1.81B $3.14B $3.45B $3.28B $3.12B $2.76B $2.35B
Revenue Growth % 0.0% -5.2% -7.0% 751.6% 0.6% 5.2% 0.1% -9.8% 10.9% 4.1% -42.4% -8.8% 5.0% 5.1% 13.0% 17.5% nan%
Cost of Revenue $9.45B $9.45B $10.14B $9.51B $862.07M $783.65M $744.38M $804.46M $1.42B $787.50M $725.18M $948.65M $1.29B $1.43B $1.40B $1.41B $1.55B
+ Gross Profit $5.56B $5.56B $5.69B $7.51B $1.14B $1.20B $1.14B $1.08B $667.68M $1.10B $1.09B $2.20B $2.16B $1.85B $1.72B $1.35B $797.24M
Gross Margin % 37.1% 37.1% 36.0% 44.1% 56.9% 60.5% 60.6% 57.3% 31.9% 58.2% 59.9% 69.8% 62.6% 56.4% 55.2% 48.8% 33.9%
Operating Expenses $32.73B $32.73B $16.13B $17.29B $1.81B $1.77B $1.78B $1.81B $1.91B $1.69B $2.69B $2.79B $3.12B $3.18B $3.02B $2.68B $2.21B
Research & Development - $68.00M $91.00M $110.00M $32.81M $31.78M $29.45M $25.74M $27.57M $31.75M $76.02M $78.29M $60.89M $67.94M $69.65M $50.97M $46.09M
Selling General & Admin $2.38B $2.38B $2.43B $2.99B $455.23M $461.70M $474.91M $509.14M $436.25M $366.01M $385.63M $374.12M $372.01M $357.43M $367.82M $288.57M $128.37M
+ Operating Income $-17.72B $-17.72B $-304.07M $-277.91M $189.64M $217.01M $112.47M $73.08M $183.24M $196.31M $364.40M $356.03M $328.09M $103.59M $99.89M $80.84M $142.32M
Operating Margin % -118.1% -118.1% -1.9% -1.6% 9.5% 10.9% 6.0% 3.9% 8.8% 10.4% 20.1% 11.3% 9.5% 3.2% 3.2% 2.9% 6.1%
Interest Expense - $2.09B $1.43B $1.40B $57.17M $95.51M $147.93M $251.02M $248.57M $217.24M $123.63M $122.07M $171.35M $192.55M $153.03M $82.59M $14.56M
Interest Income - - - - - - - - - - - - - - $11.18M $10.82M $14.47M
Other Income/Expense $122.81M $122.81M $593.50M $-1.77B $3.21M $-12.43M $195.00K $-166.00K $-4.75M $6.58M $1.75M $-2.01M $4.25M $6.96M $59.53M $-24.69M $-860.00K
Income Before Tax $-18.89B $-18.89B $-75.57M $-1.93B $233.22M $128.35M $-27.84M $-93.17M $-7.96M $100.69M $286.84M $221.57M $178.33M $-34.04M $194.68M $25.77M $288.77M
Income Tax Expense $-4.39B $-4.39B $48.95M $-296.86M $66.67M $65.63M $24.07M $20.49M $30.67M $-284.29M $106.15M $72.20M $30.78M $-37.44M $-16.33M $21.50M $84.42M
+ Net Income $-14.50B $-14.50B $-119.55M $-1.70B $166.55M $62.72M $-51.90M $-62.92M $-40.48M $392.56M $179.93M $153.36M $152.87M $2.52M $211.05M $4.27M $204.36M
Net Margin % -96.6% -96.6% -0.8% -10.0% 8.3% 3.2% -2.7% -3.3% -1.9% 20.8% 9.9% 4.9% 4.4% 0.1% 6.8% 0.2% 8.7%
Basic EPS -50.30 -50.41 -0.44 -6.28 2.10 0.81 -0.41 -0.65 -0.42 4.13 1.94 1.77 1.81 0.03 2.42 0.04 2.40
Diluted EPS -50.30 -50.41 -0.44 -6.28 2.10 0.81 -0.41 -0.65 -0.42 4.07 1.92 1.75 1.78 0.03 2.40 0.04 2.40
Basic Shares Outstanding - 287.6M 274.1M 270.8M 270.1M 275.1M - - - 95.4M 93.8M 92.4M 91.2M 89.4M 87.2M 86.2M 85.1M
Diluted Shares Outstanding - 287.6M 274.1M 270.8M 307.7M 313.1M - - - 96.7M 94.4M 93.5M 92.6M 91.0M 88.0M 87.1M 85.2M
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Cash & Cash Equivalents $1.88B $4.31B $1.82B $704.54M $535.89M $896.00M $1.52B $928.31M $2.43B $2.57B $924.24M $549.05M $634.12M $731.61M $614.03M $141.81M
Short-term Investments $1.10B $1.24B $623.04M $973.91M $1.01B $1.64B $940.62M $2.28B $814.16M $522.52M $612.34M $1.14B - - - -
Accounts Receivable $1.27B $1.20B $1.12B $236.48M $182.06M $183.99M $196.63M $201.10M $196.84M $209.79M $179.24M $163.23M $159.29M $211.37M $212.96M $42.25M
Inventory $380.65M $455.20M $665.17M $625.98M - - - $75.38M $83.59M $72.44M $67.01M $62.96M $66.08M $84.35M $68.71M $30.43M
Other Current Assets $34.68M $88.25M $16.08M $210.45M $198.44M $189.82M $179.53M $18.54M $91.57M $10.86M $16.72M $7.70M $29.93M $10.90M $76.28M $92.89M
Total Current Assets $5.13B $8.10B $4.89B $2.13B $1.93B $2.91B $2.84B $3.58B $3.72B $3.72B $2.13B $2.33B $2.36B $2.21B $2.31B $1.54B
Property Plant & Equipment $2.24B $9.19B $9.56B $7.90B - - - $3.41B $3.47B $3.67B $3.41B $3.19B $2.55B $2.61B $2.45B $1.26B
Goodwill - - - $532.49M $511.09M $511.60M $506.95M $504.17M $504.17M $510.63M $510.63M $510.63M $504.17M $507.92M $533.02M $6.46M
Intangible Assets $54.41M - - - - $478.76M $478.60M $430.04M $471.32M $88.45M $132.65M $195.66M $262.04M $347.50M $466.45M $158.99M
Long-term Investments - - - - - - - - - - - - - $183.21M $140.44M $725.59M
Other Non-current Assets $451.51M $505.99M $411.49M $317.06M $338.24M $352.92M $334.84M $263.89M $214.81M $171.82M $185.79M $187.30M $173.63M $141.84M $148.45M $64.97M
Total Assets $43.02B $60.94B $57.11B $6.20B $6.05B $7.07B $7.15B $8.66B $8.75B $9.01B $7.24B $7.25B $6.70B $6.60B $6.54B $3.84B
Accounts Payable $541.71M $740.98M $774.01M $1.02B - - - - - - - - - - $250.37M $145.20M
Deferred Revenue $639.17M $650.94M $754.66M $121.74M $141.34M $104.57M $101.06M $72.28M $65.96M - - - - - - -
Total Current Liabilities $12.36B $5.83B $8.02B $422.83M $460.12M $1.43B $496.02M $1.35B $413.89M $531.44M $526.83M $517.73M $558.45M $587.33M $583.72M $358.82M
Long-term Debt $18.66B $25.66B $19.72B $1.50B $1.50B $1.50B $2.39B $2.57B $3.59B $3.62B $2.19B $2.33B $2.35B $2.42B $2.47B $359.82M
Deferred Tax Liabilities $598.59M $4.99B $5.01B $424.62M $403.68M $359.90M $351.69M - - - - - - - - -
Other Non-current Liabilities - - - - - - - - - - $93.95M $107.33M $76.48M - - $34.35M
Total Liabilities $37.20B $40.69B $36.72B $2.60B $2.63B $3.47B $3.41B $4.51B $4.57B $5.00B $3.46B $3.63B $3.48B $3.45B $3.49B $828.83M
Retained Earnings $-2.88B $11.62B $11.74B $833.52M $656.47M $583.59M $632.81M $694.13M $721.32M $314.25M $134.32M $-19.04M $-171.91M $-174.44M $-385.49M $-389.13M
Treasury Stock - - - - $436.52M $174.91M $131.45M $131.45M $98.16M $98.16M $98.16M $98.16M $98.16M $98.16M $98.16M $98.16M
Total Stockholders Equity $5.77B $20.19B $19.88B $3.50B $3.35B $3.54B $3.67B $4.14B $4.16B $3.92B $3.70B $3.53B $3.22B $3.14B $3.04B $3.01B
Total Liabilities & Equity $43.02B $60.94B $57.11B $6.20B $6.05B $7.07B $7.15B $8.66B $8.75B $9.01B $7.24B $7.25B $6.70B $6.60B $6.54B $3.84B
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Net Income $-14.70B $-14.50B $-119.55M $-1.70B $166.55M $62.72M $-51.90M $-62.92M $-40.48M $392.56M $179.93M $153.36M $152.87M $2.52M $211.05M $4.27M $204.36M
Depreciation & Amortization $1.59B $1.59B $1.93B $1.60B $1.17B $1.21B $525.01M $490.76M $598.18M $522.19M $495.07M $528.16M $556.68M $507.11M $457.33M $385.89M $228.91M
Stock-based Compensation $60.00M $36.27M $36.38M $51.51M $11.55M $7.70M $8.89M $9.35M $9.99M $10.10M $15.23M $21.84M $14.68M $18.35M $14.59M $16.06M $13.55M
Deferred Income Tax $-4.66B $-4.41B $28.28M $-337.22M $729.59M $639.71M - - - - $98.15M $56.13M $31.74M $-35.78M $-1.07M $-8.97M $103.57M
Change in Inventory - $-59.37M $-189.65M $37.98M $-16.20M $175.92M - - $-5.65M $19.29M $4.81M $4.91M $-2.61M $-16.53M $16.11M $-21.49M $-22.58M
Operating Cash Flow $321.65M $-99.37M $1.25B $2.43B $529.61M $632.23M $534.39M $656.32M $734.52M $726.89M $803.34M $776.45M - - - - $404.01M
Capital Expenditure $1.78B $965.73M $1.54B $3.10B $325.89M $438.43M $408.80M $418.58M $555.14M $583.21M $722.34M $809.27M $680.03M $391.87M $513.00M $377.17M $196.74M
Acquisitions - - - - - - - - - - - - - - - $2.08B -
Purchases of Investments $7.12B $3.07B $1.25B $2.41B $1.07B $1.65B $2.80B $993.37M $2.97B - - - - - $2.61M $73.05M $69.07M
Investing Cash Flow $-4.86B $-1.40B $-3.05B $-2.81B $-275.19M $158.93M $-1.14B $821.96M $-2.10B $-868.00M $-632.27M $-275.31M - - - - $-238.56M
Stock Repurchased - $48.51M - - $89.30M $261.44M $43.46M - $33.29M - - - - - - - $605.00K
Financing Cash Flow $-1.61B $-910.31M $4.48B $-277.12M $-83.11M $-1.15B $-15.62M $-885.31M $-136.56M $72.00K $1.48B $-120.26M - - - - $-46.97M
Net Change in Cash $-6.14B $-2.41B $2.68B $-650.20M $169.01M $-359.94M $-625.08M $592.39M $-1.50B $-139.62M $1.65B $375.19M $-85.07M $-97.50M - - $118.48M
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 $3.61B - $11.21B -
Cost of Revenue $2.37B - $7.26B -
Operating Expenses $20.26B - $28.15B -
Selling General & Admin $621.49M - $1.85B -
Operating Income $-16.64B - $-16.94B -
Other Income/Expense $28.95M - $105.48M -
Income Before Tax $-16.94B - $-17.60B -
Income Tax Expense $-4.16B - $-4.30B -
Net Income $-12.78B $-205.59M $-13.29B -
Basic EPS -44.37 - -46.25 -
Diluted EPS -44.37 - -46.25 -
Basic Shares Outstanding $288.05K - $287.36K -
Diluted Shares Outstanding $288.05K - $287.36K -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $2.43B $4.31B
Short-term Investments $1.48B $1.24B
Accounts Receivable $1.13B $1.20B
Inventory $416.07M $455.20M
Other Current Assets $20.68M $88.25M
Total Current Assets $6.03B $8.10B
Property Plant & Equipment $3.08B $9.19B
Other Non-current Assets $507.65M $505.99M
Total Assets $45.27B $60.94B
Accounts Payable $668.19M $740.98M
Deferred Revenue $652.40M $650.94M
Total Current Liabilities $9.96B $5.83B
Long-term Debt $21.79B $25.66B
Deferred Tax Liabilities $680.78M $4.99B
Total Liabilities $38.26B $40.69B
Retained Earnings $-1.67B $11.62B
Total Stockholders Equity $6.95B $20.19B
Total Liabilities & Equity $45.27B $60.94B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-12.78B $-205.59M $-13.29B -
Depreciation & Amortization $391.29M - $1.37B -
Stock-based Compensation - - $27.99M -
Deferred Income Tax - - $-4.33B -
Operating Cash Flow - - $325.95M -
Capital Expenditure - - $807.63M -
Purchases of Investments - - $2.77B -
Investing Cash Flow - - $-1.65B -
Stock Repurchased - - $48.51M -
Financing Cash Flow - - $-562.87M -
Net Change in Cash - - $-1.88B -

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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