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$16.60B
Revenue
$2.08B
Net Income
54.20%
Gross Margin
21.53%
Op. Margin
$2.01B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 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)
+ Total Revenue $16.60B $16.60B $15.35B $14.81B $14.06B $12.68B $11.62B $11.12B $7.44B $6.69B $6.44B
Revenue Growth % 0.0% 8.2% 3.6% 5.4% 10.8% 9.2% 4.5% 49.4% 11.2% 3.9% nan%
Cost of Revenue $7.60B $7.60B $6.82B $6.73B $6.73B $5.71B $5.13B $4.78B $3.56B $2.69B $2.58B
+ Gross Profit $9.00B $9.00B $8.53B $8.08B $7.32B $6.98B $6.49B $6.34B $3.88B $4.00B $3.86B
Gross Margin % 54.2% 54.2% 55.6% 54.5% 52.1% 55.0% 55.8% 57.0% 52.2% 59.7% 59.9%
Research & Development - $70.00M $70.00M $66.00M - - - - - - -
Selling General & Admin $5.35B $5.35B $5.01B $4.91B $4.64B $4.15B $3.98B $3.96B $2.63B $2.56B $2.33B
+ Operating Income $3.58B $3.58B $2.59B $3.19B $2.60B $2.89B $2.48B $2.38B $1.24B $1.39B $1.43B
Operating Margin % 21.5% 21.5% 16.9% 21.5% 18.5% 22.8% 21.3% 21.4% 16.6% 20.7% 22.3%
Interest Expense $964.00M $594.00M $494.00M $496.00M $693.00M $500.00M $604.00M $654.00M $401.00M $164.00M $147.00M
Interest Income - - - - - - - - - $3.00M $3.00M
Other Income/Expense $-134.00M $-134.00M $60.00M $61.00M $-14.00M $2.00M $-17.00M $-19.00M $19.00M $8.00M $25.00M
Income Before Tax $2.69B $2.69B $1.91B $2.76B $1.72B $2.80B $1.75B $1.69B $791.00M $1.17B $1.28B
Income Tax Expense $608.00M $608.00M $473.00M $576.00M $284.00M $653.00M $428.00M $440.00M $202.00M $95.00M $434.00M
+ Net Income $2.08B $2.08B $1.44B $2.18B $1.44B $2.15B $1.32B $1.25B $586.00M $1.08B $847.00M
Net Margin % 12.5% 12.5% 9.4% 14.7% 10.2% 16.9% 11.4% 11.3% 7.9% 16.1% 13.2%
Basic EPS 1.53 1.53 1.06 1.56 1.01 1.52 0.94 0.89 0.54 5.91 4.57
Diluted EPS 1.53 1.53 1.05 1.55 1.01 1.50 0.93 0.88 0.53 5.89 4.54
Basic Shares Outstanding - 1.36B 1.36B 1.40B 1.42B 1.42B 1.41B 1.41B 1.09B 182.0M 185.4M
Diluted Shares Outstanding - 1.36B 1.37B 1.41B 1.43B 1.43B 1.42B 1.42B 1.10B 182.8M 186.6M
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 $1.03B $510.00M $267.00M $535.00M $567.00M $240.00M $75.00M $83.00M $61.00M $1.79B
Accounts Receivable $1.67B $1.50B $1.37B $1.48B $1.15B $1.05B $1.11B $1.15B $668.00M $595.00M
Inventory $1.73B $1.30B $1.14B $1.31B $894.00M $762.00M $654.00M $626.00M $229.00M $202.00M
Other Current Assets $484.00M $433.00M $598.00M $471.00M $447.00M $323.00M $403.00M $254.00M $99.00M $101.00M
Total Current Assets $5.27B $4.00B $3.38B $3.80B $3.06B $2.39B $2.27B $2.16B $1.12B $2.74B
Property Plant & Equipment $3.23B $2.96B $2.70B $2.49B $2.49B $2.21B $2.03B $2.31B $1.20B $1.14B
Goodwill $20.25B $20.05B $20.20B $20.07B $20.18B $20.18B $20.17B $20.01B $3.56B $2.99B
Intangible Assets $23.73B $23.63B $23.29B $23.18B $23.86B $23.97B $24.12B $23.97B $3.78B $2.66B
Other Non-current Assets $1.29B $1.20B $1.15B $1.25B $937.00M $894.00M $748.00M $259.00M $279.00M $183.00M
Total Assets $55.46B $53.43B $52.13B $51.84B $50.60B $49.78B $49.52B $48.92B $10.02B $9.79B
Accounts Payable $3.00B $2.98B $3.60B $5.21B $4.32B $3.74B $3.18B $2.30B $365.00M $303.00M
Short-term Debt $3.10B $2.64B $3.25B $895.00M $304.00M $2.35B $1.59B $1.46B $79.00M $10.00M
Accrued Liabilities $1.38B $1.58B $1.24B $1.15B $1.11B $1.04B $939.00M $1.01B $719.00M $670.00M
Deferred Revenue - - - - - - - - $64.00M $64.00M
Other Current Liabilities $785.00M $835.00M $714.00M $685.00M $613.00M $416.00M $445.00M $380.00M $12.00M -
Total Current Liabilities $8.29B $8.09B $8.92B $8.08B $6.49B $7.69B $6.47B $5.70B $1.24B $1.05B
Long-term Debt $13.04B $12.91B $9.95B $11.07B $11.58B $11.14B $12.83B $14.20B $4.40B $4.47B
Deferred Tax Liabilities $5.53B $5.43B $5.76B $5.74B $5.99B $5.99B $6.03B $5.92B $1.03B -
Other Non-current Liabilities $3.09B $2.75B $1.83B $1.82B $1.58B $1.12B $930.00M $254.00M $264.00M $209.00M
Total Liabilities $29.94B $29.19B $26.45B $26.71B $25.63B $25.95B $26.26B $26.39B $7.57B $7.66B
Common Stock $14.00M $14.00M $14.00M $14.00M $14.00M $14.00M $14.00M $14.00M $2.00M $2.00M
Retained Earnings $5.62B $4.79B $4.56B $3.54B $3.20B $2.06B $1.58B $1.18B $2.65B $2.27B
Total Stockholders Equity $25.52B $24.24B $25.68B $25.13B $24.97B $23.83B $23.26B $22.53B $2.45B $2.13B
Total Liabilities & Equity $55.46B $53.43B $52.13B $51.84B $50.60B $49.78B $49.52B $48.92B $10.02B $9.79B
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 $2.08B $2.08B $1.44B $2.18B $1.44B $2.15B $1.32B $1.25B $586.00M $1.08B $847.00M
Depreciation & Amortization - - - - - - - - - $102.00M $99.00M
Stock-based Compensation $164.00M $97.00M $98.00M $116.00M $52.00M $88.00M $85.00M $64.00M $35.00M $36.00M $45.00M
Deferred Income Tax - $45.00M $-254.00M $-4.00M - - - - - - -
Change in Working Capital $2.15B $1.00B $591.00M $1.75B $275.00M $-351.00M $-166.00M $-366.00M $-457.00M - -
Change in Receivables $35.00M $202.00M $209.00M $-70.00M $398.00M $152.00M $5.00M $7.00M $-82.00M $47.00M $31.00M
Change in Inventory $1.06B $405.00M $92.00M $-182.00M $426.00M $133.00M $107.00M $24.00M $-185.00M - $-3.00M
Operating Cash Flow $2.84B $1.99B $2.22B $1.33B $2.84B $2.87B $2.46B $2.47B $1.61B $1.04B $939.00M
Capital Expenditure $832.00M $486.00M $563.00M $425.00M $353.00M $423.00M $461.00M $330.00M $180.00M $202.00M $180.00M
Acquisitions - $149.00M $1.00B - - - - - - - -
Investing Cash Flow $-908.00M $-573.00M $-1.61B $-784.00M $-1.14B $210.00M $-316.00M $-150.00M $-19.13B $-1.76B $-189.00M
Stock Issued - - - - - $140.00M - - $9.00B - -
Stock Repurchased $18.00M $9.00M $1.11B $706.00M $379.00M - - - - $399.00M $519.00M
Dividends Paid $2.19B $1.25B $1.19B $1.14B $1.08B $955.00M $846.00M $844.00M $232.00M $414.00M $386.00M
Financing Cash Flow $-1.42B $-999.00M $-223.00M $-832.00M $-1.73B $-2.76B $-1.99B $-2.36B $17.58B $-907.00M $130.00M
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 $4.31B - $12.10B -
Cost of Revenue $1.97B - $5.52B -
Gross Profit $2.34B - $6.58B -
Selling General & Admin $1.34B - $3.89B -
Operating Income $995.00M - $2.69B -
Interest Expense - - $377.00M -
Other Income/Expense $45.00M - $52.00M -
Income Before Tax $852.00M - $2.23B -
Income Tax Expense $190.00M - $504.00M -
Net Income $662.00M $515.00M $1.73B -
Basic EPS 0.49 - 1.27 -
Diluted EPS 0.49 - 1.27 -
Basic Shares Outstanding $1.36B - $1.36B -
Diluted Shares Outstanding $1.36B - $1.36B -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $516.00M $510.00M
Accounts Receivable $1.50B $1.50B
Inventory $1.84B $1.30B
Other Current Assets $795.00M $606.00M
Total Current Assets $4.70B $4.00B
Property Plant & Equipment $3.04B $2.96B
Goodwill $20.20B $20.05B
Intangible Assets $23.79B $23.63B
Other Non-current Assets $1.23B $1.20B
Total Assets $54.60B $53.43B
Accounts Payable $2.99B $2.98B
Short-term Debt $2.29B $2.64B
Accrued Liabilities $1.40B $1.58B
Other Current Liabilities $823.00M $835.00M
Total Current Liabilities $7.53B $8.09B
Long-term Debt $13.53B $12.91B
Deferred Tax Liabilities $5.43B $5.43B
Other Non-current Liabilities $2.79B $2.75B
Total Liabilities $29.28B $29.19B
Common Stock $14.00M $14.00M
Retained Earnings $5.58B $4.79B
Total Stockholders Equity $25.32B $24.24B
Total Liabilities & Equity $54.60B $53.43B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $662.00M $515.00M $1.73B -
Stock-based Compensation - - $70.00M -
Change in Working Capital - - $871.00M -
Change in Receivables - - $16.00M -
Change in Inventory - - $518.00M -
Operating Cash Flow - - $1.28B -
Capital Expenditure - - $338.00M -
Acquisitions - - $114.00M -
Investing Cash Flow - - $-390.00M -
Stock Repurchased - - $9.00M -
Dividends Paid - - $937.00M -
Financing Cash Flow - - $-934.00M -

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.

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