$9.43B
Revenue
$1.07B
Net Income
-33.91%
Gross Margin
23.34%
Op. Margin
$1.97B
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $9.43B | $9.43B | $8.41B | $7.02B | $6.50B | $5.74B |
| Revenue Growth % | 0.0% | 12.2% | 19.7% | 7.9% | 13.3% | nan% |
| Cost of Revenue | $12.63B | $12.63B | $10.16B | $2.44B | $2.31B | $1.89B |
| Gross Profit | $-3.20B | $-3.20B | $-1.75B | $4.59B | $4.19B | $3.85B |
| Gross Margin % | -33.9% | -33.9% | -20.9% | 65.3% | 64.5% | 67.1% |
| Operating Expenses | $7.23B | $7.23B | $5.99B | $4.97B | $4.61B | $3.86B |
| Operating Income | $2.20B | $2.20B | $2.42B | $2.05B | $1.90B | $1.88B |
| Operating Margin % | 23.3% | 23.3% | 28.8% | 29.2% | 29.2% | 32.7% |
| Interest Expense | $1.23B | $714.00M | $785.00M | $761.00M | $487.00M | $404.00M |
| Interest Income | - | $31.00M | $39.00M | $40.00M | - | - |
| Income Before Tax | $1.68B | $1.68B | $1.81B | $1.45B | $1.36B | $1.36B |
| Income Tax Expense | $483.00M | $483.00M | $364.00M | $-265.00M | $-117.00M | $110.00M |
| Net Income | $1.07B | $1.07B | $1.45B | $1.72B | $1.48B | $1.25B |
| Net Margin % | 11.4% | 11.4% | 17.2% | 24.5% | 22.8% | 21.8% |
| 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) |
|---|---|---|---|---|---|
| Inventory | $205.00M | $142.00M | $166.00M | $133.00M | $96.00M |
| Other Current Assets | $179.00M | $108.00M | $119.00M | $123.00M | $86.00M |
| Total Current Assets | $2.83B | $2.28B | $2.17B | $2.05B | $1.82B |
| Property Plant & Equipment | $2.30B | $2.24B | $1.95B | $1.95B | $2.04B |
| Goodwill | $6.31B | $5.99B | $5.78B | $5.69B | $6.01B |
| Intangible Assets | $11.19B | $10.92B | $11.11B | $10.99B | $11.42B |
| Other Non-current Assets | $1.02B | $1.35B | $1.26B | $905.00M | $762.00M |
| Total Assets | $25.61B | $24.63B | $23.39B | $22.75B | $23.25B |
| Accounts Payable | $866.00M | $765.00M | $790.00M | $758.00M | $614.00M |
| Accrued Liabilities | $1.27B | $1.14B | $1.00B | $1.00B | $947.00M |
| Other Current Liabilities | $230.00M | $124.00M | - | - | - |
| Total Current Liabilities | $2.89B | $2.36B | $2.14B | $2.12B | $1.88B |
| Long-term Debt | $13.28B | $13.64B | $12.85B | $12.84B | $12.92B |
| Deferred Tax Liabilities | $1.12B | $1.21B | $1.30B | $1.31B | $1.37B |
| Other Non-current Liabilities | $1.03B | $706.00M | $996.00M | $872.00M | $1.82B |
| Total Liabilities | $20.46B | $19.79B | $18.66B | $18.48B | $19.39B |
| Common Stock | - | - | - | - | - |
| Retained Earnings | - | - | - | - | - |
| Total Stockholders Equity | $5.16B | $4.84B | $4.73B | $4.27B | $3.85B |
| Total Liabilities & Equity | $25.61B | $24.63B | $23.39B | $22.75B | $23.25B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $1.07B | $1.07B | $1.45B | $1.72B | $1.48B | $1.25B |
| Depreciation & Amortization | $371.00M | $301.00M | $264.00M | $191.00M | $190.00M | $201.00M |
| Stock-based Compensation | $280.00M | $151.00M | $172.00M | $194.00M | $136.00M | $102.00M |
| Deferred Income Tax | - | $97.00M | $-5.00M | $-430.00M | - | - |
| Change in Payables | $32.00M | $89.00M | $-30.00M | $22.00M | $169.00M | $149.00M |
| Operating Cash Flow | $2.40B | $1.71B | $1.50B | $1.32B | $1.49B | $1.73B |
| Capital Expenditure | $431.00M | $265.00M | $201.00M | $120.00M | $100.00M | $106.00M |
| Acquisitions | - | $152.00M | $508.00M | - | $12.00M | $1.00B |
| Investing Cash Flow | $-704.00M | $-318.00M | $-660.00M | $11.00M | $-64.00M | $-1.10B |
| Dividends Paid | $1.91B | $1.11B | $1.03B | $990.00M | $971.00M | $974.00M |
| Financing Cash Flow | $-2.26B | $-1.44B | $-625.00M | $-1.37B | $-1.31B | $-1.09B |
| Net Change in Cash | $-715.00M | $-105.00M | $195.00M | $-39.00M | $91.00M | $-473.00M |
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 | $2.45B | - | $6.97B | - |
| Operating Expenses | $1.79B | - | $5.39B | - |
| Operating Income | $663.00M | - | $1.58B | - |
| Interest Expense | - | - | $514.00M | - |
| Income Before Tax | $534.00M | - | $1.19B | - |
| Income Tax Expense | $94.00M | - | $263.00M | - |
| Net Income | $436.00M | $399.00M | $920.00M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Inventory | $216.00M | $142.00M |
| Other Current Assets | $201.00M | $108.00M |
| Total Current Assets | $3.02B | $2.28B |
| Property Plant & Equipment | $2.26B | $2.24B |
| Goodwill | $6.22B | $5.99B |
| Intangible Assets | $11.13B | $10.92B |
| Other Non-current Assets | $1.14B | $1.35B |
| Total Assets | $25.67B | $24.63B |
| Accounts Payable | $826.00M | $765.00M |
| Accrued Liabilities | $1.28B | $1.14B |
| Total Current Liabilities | $2.85B | $2.36B |
| Long-term Debt | $13.41B | $13.46B |
| Deferred Tax Liabilities | $1.15B | $1.21B |
| Other Non-current Liabilities | $977.00M | $706.00M |
| Total Liabilities | $20.50B | $19.79B |
| Total Stockholders Equity | $5.17B | $4.84B |
| Total Liabilities & Equity | $25.67B | $24.63B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $436.00M | $399.00M | $920.00M | - |
| Depreciation & Amortization | $76.00M | - | $225.00M | - |
| Stock-based Compensation | - | - | $113.00M | - |
| Change in Payables | - | - | $58.00M | - |
| Operating Cash Flow | - | - | $1.16B | - |
| Capital Expenditure | - | - | $163.00M | - |
| Acquisitions | - | - | $152.00M | - |
| Investing Cash Flow | - | - | $-213.00M | - |
| Dividends Paid | - | - | $826.00M | - |
| Financing Cash Flow | - | - | $-952.00M | - |
| Net Change in Cash | - | - | $-43.00M | - |
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.