$12.24B
Revenue
$2.51B
Net Income
82.96%
Gross Margin
20.78%
Op. Margin
$9.20B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 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 | $2.78B | $4.09B | $3.10B | $2.27B | $2.48B | $3.73B | $2.75B |
| Revenue Growth % (YoY) | 12.0% | 9.7% | 12.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $487.00M | $549.00M | $544.00M | $506.00M | $427.00M | $465.00M | $506.00M |
| Gross Profit | $2.29B | $3.55B | $2.55B | $1.77B | $2.05B | $3.27B | $2.24B |
| Gross Margin % | 82.5% | 86.6% | 82.4% | 77.7% | 82.8% | 87.5% | 81.6% |
| Operating Expenses | $2.51B | $2.47B | $2.48B | $2.23B | $2.05B | $2.21B | $2.25B |
| Research & Development | $589.00M | $587.00M | $610.00M | $568.00M | $538.00M | $524.00M | $519.00M |
| Operating Income | $269.00M | $1.62B | $612.00M | $38.00M | $430.00M | $1.52B | $497.00M |
| Operating Margin % | 9.7% | 39.7% | 19.8% | 1.7% | 17.3% | 40.9% | 18.1% |
| Other Income/Expense | $-38.00M | $-13.00M | $-23.00M | $-38.00M | $9.00M | $3.00M | $-42.00M |
| Income Before Tax | $393.00M | $1.79B | $779.00M | $173.00M | $622.00M | $1.74B | $681.00M |
| Income Tax Expense | $52.00M | $418.00M | $137.00M | $19.00M | $161.00M | $367.00M | $126.00M |
| Net Income | $341.00M | $1.37B | $642.00M | $154.00M | $461.00M | $1.37B | $555.00M |
| Net Margin % | 12.3% | 33.6% | 20.7% | 6.8% | 18.6% | 36.7% | 20.2% |
| Basic Shares Outstanding | - | 611.0M | 615.0M | 621.0M | -2.0M | 631.0M | 635.0M |
| Diluted Shares Outstanding | - | 621.0M | 626.0M | 632.0M | -3.0M | 642.0M | 649.0M |
| Breakdown | Q4 2025 (Dec 31, 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 | $6.56B | $7.53B | $7.40B | $7.60B | $6.86B | $7.67B | $7.88B |
| Short-term Investments | $4.45B | $4.16B | $3.95B | $3.89B | $3.75B | $3.58B | $3.37B |
| Other Current Assets | $824.00M | $645.00M | $757.00M | $628.00M | $638.00M | $493.00M | $659.00M |
| Total Current Assets | $18.80B | $19.54B | $23.18B | $21.30B | $17.18B | $18.32B | $22.25B |
| Property Plant & Equipment | $107.00M | - | - | - | $147.00M | - | - |
| Goodwill | $754.00M | - | - | - | $750.00M | - | - |
| Intangible Assets | $16.00M | - | - | - | $27.00M | - | - |
| Other Non-current Assets | $539.00M | $607.00M | $608.00M | $527.00M | $563.00M | $469.00M | $460.00M |
| Total Assets | $22.21B | $23.06B | $26.99B | $25.06B | $20.96B | $22.17B | $26.32B |
| Accounts Payable | $232.00M | - | - | - | $142.00M | - | - |
| Deferred Revenue | $1.74B | $1.82B | $2.86B | $2.72B | $1.62B | $1.66B | $2.62B |
| Total Current Liabilities | $13.65B | $14.04B | $18.82B | $16.73B | $10.16B | $11.34B | $15.83B |
| Long-term Debt | - | - | - | - | $2.00B | $1.99B | $1.99B |
| Other Non-current Liabilities | $360.00M | $415.00M | $394.00M | $389.00M | $391.00M | $354.00M | $497.00M |
| Total Liabilities | $14.01B | $14.45B | $19.21B | $17.12B | $12.55B | $13.68B | $18.32B |
| Common Stock | - | - | - | - | - | - | - |
| Retained Earnings | $-5.50B | $-4.75B | $-5.26B | $-4.88B | $-4.22B | $-3.84B | $-4.11B |
| Total Stockholders Equity | $8.20B | $8.61B | $7.78B | $7.94B | $8.41B | $8.49B | $8.00B |
| Total Liabilities & Equity | $22.21B | $23.06B | $26.99B | $25.06B | $20.96B | $22.17B | $26.32B |
| Breakdown | Q4 2025 (Dec 31, 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 | $341.00M | $1.37B | $642.00M | $154.00M | $461.00M | $1.37B | $555.00M |
| Stock-based Compensation | $411.00M | $1.18B | $782.00M | $358.00M | $368.00M | $1.04B | $677.00M |
| Operating Cash Flow | $526.00M | $4.12B | $2.76B | $1.79B | $466.00M | $4.05B | $2.97B |
| Investing Cash Flow | $-300.00M | $-448.00M | $-242.00M | $-151.00M | $-220.00M | $-396.00M | $-194.00M |
| Stock Repurchased | $1.09B | $2.69B | $1.82B | $807.00M | $838.00M | $2.59B | $1.50B |
| Financing Cash Flow | $-1.45B | $-2.38B | $2.47B | $2.15B | $-1.33B | $-2.24B | $2.94B |
| Net Change in Cash | $-1.23B | $1.95B | $5.68B | $3.99B | $-1.44B | $1.53B | $5.52B |
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 | $4.09B | - | $9.46B | - |
| Cost of Revenue | $549.00M | - | $1.60B | - |
| Operating Expenses | $2.47B | - | $7.19B | - |
| Research & Development | $587.00M | - | $1.76B | - |
| Operating Income | $1.62B | - | $2.27B | - |
| Other Income/Expense | $-13.00M | - | $-74.00M | - |
| Income Before Tax | $1.79B | - | $2.74B | - |
| Income Tax Expense | $418.00M | - | $574.00M | - |
| Net Income | $1.37B | $555.00M | $2.17B | - |
| Basic Shares Outstanding | $611.00M | - | $616.00M | - |
| Diluted Shares Outstanding | $621.00M | - | $626.00M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $7.53B | $6.86B |
| Short-term Investments | $4.16B | $3.75B |
| Other Current Assets | $645.00M | $638.00M |
| Total Current Assets | $19.54B | $17.18B |
| Other Non-current Assets | $607.00M | $563.00M |
| Total Assets | $23.06B | $20.96B |
| Deferred Revenue | $1.82B | $1.62B |
| Total Current Liabilities | $14.04B | $10.16B |
| Long-term Debt | - | $2.00B |
| Other Non-current Liabilities | $415.00M | $391.00M |
| Total Liabilities | $14.45B | $12.55B |
| Common Stock | - | - |
| Retained Earnings | $-4.75B | $-4.22B |
| Total Stockholders Equity | $8.61B | $8.41B |
| Total Liabilities & Equity | $23.06B | $20.96B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.37B | $555.00M | $2.17B | - |
| Stock-based Compensation | - | - | $1.18B | - |
| Operating Cash Flow | - | - | $4.12B | - |
| Investing Cash Flow | - | - | $-448.00M | - |
| Stock Repurchased | - | - | $2.69B | - |
| Financing Cash Flow | - | - | $-2.38B | - |
| Net Change in Cash | - | - | $1.95B | - |
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.