$4.48B
Revenue
$555.00M
Net Income
33.71%
Gross Margin
12.87%
Op. Margin
-
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 | $4.48B | $4.48B | $3.65B | $3.57B | $12.16B | $11.40B | $9.36B | $10.29B | $8.04B | $7.59B | $5.28B |
| Revenue Growth % | 0.0% | 22.7% | 2.3% | -70.6% | 6.7% | 21.8% | -9.0% | 28.0% | 5.9% | 43.9% | nan% |
| Cost of Revenue | $2.97B | $2.97B | $2.49B | $2.24B | $11.76B | $10.91B | $9.11B | $9.64B | $8.73B | $1.22B | $3.99B |
| Gross Profit | $1.51B | $1.51B | $1.17B | $1.33B | $404.00M | $486.00M | $257.00M | $650.00M | $-692.00M | $6.38B | $1.29B |
| Gross Margin % | 33.7% | 33.7% | 31.9% | 37.3% | 3.3% | 4.3% | 2.7% | 6.3% | -8.6% | 83.9% | 24.4% |
| Operating Expenses | $3.90B | $3.90B | $3.37B | $3.31B | $10.10B | $9.42B | $9.19B | $8.82B | $6.53B | $6.20B | $3.54B |
| Selling General & Admin | $513.00M | $514.00M | $421.00M | $659.00M | $2.03B | $1.91B | $1.75B | $1.81B | $1.20B | $1.16B | $886.00M |
| Operating Income | $577.00M | $577.00M | $287.00M | $266.00M | $2.06B | $1.98B | $177.00M | $1.47B | $1.51B | $1.39B | $1.73B |
| Operating Margin % | 12.9% | 12.9% | 7.9% | 7.4% | 17.0% | 17.3% | 1.9% | 14.3% | 18.8% | 18.4% | 32.9% |
| Interest Expense | $232.00M | $232.00M | $188.00M | $782.00M | $689.00M | $642.00M | $634.00M | $657.00M | $606.00M | $591.00M | $362.00M |
| Other Income/Expense | $117.00M | $117.00M | $60.00M | $89.00M | $110.00M | $-47.00M | $10.00M | $9.00M | $78.00M | $8.00M | $-4.00M |
| Income Before Tax | $733.00M | $733.00M | $-24.00M | $97.00M | $2.19B | $789.00M | $-1.44B | $513.00M | $1.04B | $827.00M | $1.42B |
| Income Tax Expense | $137.00M | $137.00M | $44.00M | $24.00M | $164.00M | $45.00M | $-44.00M | $166.00M | $176.00M | $-1.06B | $495.00M |
| Net Income | $555.00M | $555.00M | $-2.06B | $761.00M | $1.81B | $398.00M | $-1.42B | $106.00M | $531.00M | $1.35B | $680.00M |
| Net Margin % | 12.4% | 12.4% | -56.5% | 21.3% | 14.9% | 3.5% | -15.2% | 1.0% | 6.6% | 17.8% | 12.9% |
| 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 | $1.05B | $2.63B | $1.41B | $2.25B | $2.81B | $2.83B | $1.22B | $358.00M | $1.03B | $562.00M |
| Accounts Receivable | $115.00M | $114.00M | $832.00M | $837.00M | $828.00M | $823.00M | $767.00M | $364.00M | $358.00M | $240.00M |
| Other Current Assets | $89.00M | $163.00M | $526.00M | $768.00M | $1.17B | $376.00M | $416.00M | $360.00M | $376.00M | $227.00M |
| Total Current Assets | $1.37B | $3.35B | $3.38B | $3.85B | $4.81B | $4.03B | $2.40B | $1.08B | $1.76B | $1.03B |
| Property Plant & Equipment | - | - | - | - | - | - | $2.26B | $2.47B | $2.54B | $2.35B |
| Goodwill | $7.03B | $4.13B | $3.96B | $19.34B | $19.25B | $19.22B | $19.94B | $18.39B | $18.38B | $14.35B |
| Intangible Assets | $5.10B | $2.69B | $3.87B | $4.29B | $4.80B | $5.38B | $5.94B | $5.71B | $6.13B | $1.07B |
| Other Non-current Assets | $491.00M | $778.00M | $1.74B | $1.81B | $2.55B | $2.14B | $2.01B | $583.00M | $640.00M | $480.00M |
| Total Assets | $15.40B | $13.00B | $41.17B | $42.46B | $44.35B | $44.00B | $44.19B | $40.83B | $42.00B | $31.38B |
| Accounts Payable | - | - | - | - | - | - | - | - | $1.25B | $985.00M |
| Short-term Debt | $52.00M | $26.00M | $1.18B | $1.68B | $2.89B | $743.00M | $60.00M | $17.00M | $768.00M | $5.00M |
| Deferred Revenue | $263.00M | $267.00M | $1.44B | $1.77B | $1.79B | $2.07B | $2.11B | $2.08B | $1.94B | $1.88B |
| Other Current Liabilities | $49.00M | $54.00M | $111.00M | $102.00M | $97.00M | $94.00M | $94.00M | $32.00M | $20.00M | $5.00M |
| Total Current Liabilities | $939.00M | $1.13B | $4.74B | $5.41B | $6.61B | $4.49B | $3.89B | $3.24B | $3.98B | $2.87B |
| Long-term Debt | $5.10B | $2.99B | $14.18B | $14.95B | $15.70B | $16.69B | $15.42B | $13.37B | $13.19B | $8.01B |
| Other Non-current Liabilities | $305.00M | $241.00M | $714.00M | $874.00M | $987.00M | $1.10B | $1.05B | $864.00M | $779.00M | $751.00M |
| Total Liabilities | $6.95B | $5.95B | $21.72B | $23.34B | $25.51B | $24.40B | $22.26B | $19.13B | $19.42B | $13.66B |
| Retained Earnings | $7.79B | $7.18B | $15.06B | $14.59B | $12.72B | $12.32B | $13.75B | $13.64B | $13.08B | $11.73B |
| Total Stockholders Equity | $7.76B | $7.03B | $16.40B | $15.96B | $14.67B | $15.09B | $16.30B | $16.59B | $16.94B | $11.76B |
| Total Liabilities & Equity | $15.40B | $13.00B | $41.17B | $42.46B | $44.35B | $44.00B | $44.19B | $40.83B | $42.00B | $31.38B |
| 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 | $555.00M | $555.00M | $-2.06B | $761.00M | $1.81B | $398.00M | $-1.42B | $106.00M | $531.00M | $1.35B | $680.00M |
| Depreciation & Amortization | $393.00M | $393.00M | $352.00M | $406.00M | $1.04B | $1.07B | $1.08B | $1.06B | $905.00M | $824.00M | $354.00M |
| Stock-based Compensation | $33.00M | $21.00M | $30.00M | $27.00M | $237.00M | $256.00M | $261.00M | $312.00M | $192.00M | $230.00M | $150.00M |
| Deferred Income Tax | $-53.00M | $18.00M | $29.00M | $15.00M | $13.00M | $-41.00M | $-95.00M | $120.00M | $167.00M | $-1.06B | $427.00M |
| Operating Cash Flow | - | - | - | $2.46B | $2.55B | $2.44B | $1.73B | $2.31B | $2.16B | $1.73B | $2.17B |
| Capital Expenditure | $207.00M | $119.00M | $75.00M | $461.00M | $735.00M | $440.00M | $452.00M | $510.00M | $403.00M | $517.00M | $568.00M |
| Acquisitions | $3.53B | $3.27B | $205.00M | - | $136.00M | $14.00M | - | $-313.00M | $2.00M | $1.65B | - |
| Purchases of Investments | $48.00M | $25.00M | $8.00M | $173.00M | $58.00M | $252.00M | $113.00M | $29.00M | $414.00M | $862.00M | $784.00M |
| Investing Cash Flow | - | - | - | $-1.24B | $-46.00M | $-689.00M | $-736.00M | $314.00M | $-370.00M | $-3.14B | $-1.26B |
| Debt Repayment | $798.00M | $781.00M | $677.00M | $90.00M | $7.43B | $6.29B | $2.93B | $4.87B | $4.06B | $5.11B | $1.75B |
| Stock Issued | - | - | $939.00M | - | - | - | $754.00M | - | - | - | $203.00M |
| Stock Repurchased | - | - | - | - | $395.00M | $555.00M | $318.00M | $443.00M | $466.00M | - | - |
| Financing Cash Flow | - | - | - | $-1.47B | $-3.15B | $-1.70B | $574.00M | $-1.77B | $-2.38B | $1.87B | $-546.00M |
| Net Change in Cash | $-1.21B | $-1.91B | $935.00M | $-248.00M | $-648.00M | $47.00M | $1.57B | $854.00M | $-595.00M | $475.00M | $361.00M |
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 | $1.08B | $911.00M | $2.87B | $2.49B |
| Operating Expenses | $936.00M | $804.00M | $2.52B | $2.23B |
| Selling General & Admin | $140.00M | $118.00M | $363.00M | $310.00M |
| Operating Income | $149.00M | $107.00M | $351.00M | $257.00M |
| Interest Expense | $86.00M | $62.00M | $198.00M | $184.00M |
| Other Income/Expense | $-1.00M | $29.00M | $105.00M | $76.00M |
| Income Before Tax | $23.00M | $135.00M | $227.00M | $335.00M |
| Income Tax Expense | $10.00M | $3.00M | $5.00M | $41.00M |
| Net Income | $13.00M | $-2.37B | $222.00M | $-1.71B |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.59B | $2.96B |
| Accounts Receivable | $303.00M | $114.00M |
| Other Current Assets | $468.00M | $277.00M |
| Total Current Assets | $2.36B | $3.35B |
| Goodwill | $7.20B | $4.13B |
| Intangible Assets | $5.27B | $2.69B |
| Other Non-current Assets | $628.00M | $717.00M |
| Total Assets | $17.82B | $12.95B |
| Short-term Debt | $1.92B | $26.00M |
| Deferred Revenue | $1.09B | $267.00M |
| Other Current Liabilities | $46.00M | $54.00M |
| Total Current Liabilities | $3.53B | $1.13B |
| Long-term Debt | $5.12B | $4.52B |
| Other Non-current Liabilities | $423.00M | $242.00M |
| Total Liabilities | $9.73B | $5.90B |
| Retained Earnings | $7.44B | $7.18B |
| Total Stockholders Equity | $7.38B | $7.03B |
| Total Liabilities & Equity | $17.82B | $12.95B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $13.00M | $-2.37B | $222.00M | $-1.71B |
| Depreciation & Amortization | $118.00M | $88.00M | $275.00M | $263.00M |
| Stock-based Compensation | - | - | $18.00M | $27.00M |
| Deferred Income Tax | - | - | $-64.00M | $44.00M |
| Capital Expenditure | - | - | $58.00M | $52.00M |
| Acquisitions | - | - | $3.27B | $205.00M |
| Purchases of Investments | - | - | $23.00M | $10.00M |
| Debt Repayment | - | - | $746.00M | $683.00M |
| Stock Issued | - | - | - | $939.00M |
| Net Change in Cash | - | - | $-1.35B | $1.03B |
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.