$11.80B
Revenue
$929.00M
Net Income
8.43%
Gross Margin
10.93%
Op. Margin
$1.76B
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 | $11.80B | $11.80B | $11.30B | $10.98B | $9.57B | $9.85B |
| Revenue Growth % | 0.0% | 4.4% | 3.0% | 14.7% | -2.9% | nan% |
| Cost of Revenue | $10.80B | $10.80B | $10.29B | $9.09B | $8.14B | $8.45B |
| Gross Profit | $995.00M | $995.00M | $1.01B | $1.89B | $1.43B | $1.41B |
| Gross Margin % | 8.4% | 8.4% | 8.9% | 17.2% | 14.9% | 14.3% |
| Operating Expenses | $10.51B | $10.51B | $10.14B | $9.87B | $8.94B | $8.47B |
| Research & Development | - | $8.00M | $6.00M | $6.00M | - | - |
| Operating Income | $1.29B | $1.29B | $1.16B | $1.11B | $629.00M | $1.39B |
| Operating Margin % | 10.9% | 10.9% | 10.3% | 10.1% | 6.6% | 14.1% |
| Interest Expense | - | - | $4.00M | $3.00M | - | - |
| Income Before Tax | $1.36B | $1.36B | $1.33B | $1.23B | $687.00M | $1.39B |
| Income Tax Expense | $369.00M | $369.00M | $356.00M | $329.00M | $207.00M | $369.00M |
| Net Income | $929.00M | $929.00M | $911.00M | $827.00M | $442.00M | $990.00M |
| Net Margin % | 7.9% | 7.9% | 8.1% | 7.5% | 4.6% | 10.0% |
| Basic EPS | nan | 2.52 | 2.34 | 1.99 | 1.05 | 2.34 |
| Diluted EPS | nan | 2.51 | 2.33 | 1.97 | 1.04 | 2.28 |
| Basic Shares Outstanding | -3.0M | 369.0M | 388.0M | 416.0M | 421.0M | 422.0M |
| Diluted Shares Outstanding | -3.0M | 371.0M | 390.0M | 420.0M | 425.0M | 434.0M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $506.00M | $723.00M | $1.13B | $1.13B | $1.14B |
| Short-term Investments | $878.00M | $1.12B | $1.47B | $2.02B | $2.86B |
| Accounts Receivable | $95.00M | $79.00M | $68.00M | $64.00M | $67.00M |
| Inventory | $438.00M | $405.00M | $424.00M | $417.00M | $432.00M |
| Other Current Assets | $102.00M | $107.00M | - | - | - |
| Total Current Assets | $2.36B | $2.69B | $3.43B | $3.94B | $4.72B |
| Property Plant & Equipment | $2.54B | $2.41B | $2.31B | $2.12B | $2.25B |
| Goodwill | $1.96B | $1.88B | $1.93B | $1.99B | $2.14B |
| Intangible Assets | $148.00M | $144.00M | $150.00M | $159.00M | $272.00M |
| Other Non-current Assets | $362.00M | $256.00M | $265.00M | $343.00M | $742.00M |
| Total Assets | $10.78B | $11.12B | $12.03B | $11.83B | $13.22B |
| Accounts Payable | $793.00M | $801.00M | - | - | - |
| Short-term Debt | $30.00M | $127.00M | $168.00M | $2.00M | - |
| Deferred Revenue | $205.00M | $196.00M | - | - | - |
| Other Current Liabilities | $173.00M | $166.00M | - | - | - |
| Total Current Liabilities | $2.25B | $2.28B | $2.42B | $2.17B | $2.38B |
| Deferred Tax Liabilities | $406.00M | $389.00M | $390.00M | $390.00M | $425.00M |
| Other Non-current Liabilities | $158.00M | $157.00M | $157.00M | $162.00M | $167.00M |
| Total Liabilities | $4.68B | $4.69B | $4.91B | $4.67B | $5.30B |
| Retained Earnings | $1.76B | $2.09B | $2.31B | $2.19B | $2.89B |
| Treasury Stock | $28.00M | $52.00M | - | - | - |
| Total Stockholders Equity | $5.38B | $5.73B | $6.41B | $6.48B | $7.06B |
| Total Liabilities & Equity | $10.78B | $11.12B | $12.03B | $11.83B | $13.22B |
| 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 | $1.22B | $929.00M | $911.00M | $827.00M | $442.00M | $990.00M |
| Depreciation & Amortization | $557.00M | $448.00M | $476.00M | $453.00M | $602.00M | $516.00M |
| Stock-based Compensation | $73.00M | $42.00M | $41.00M | $64.00M | $42.00M | $41.00M |
| Deferred Income Tax | $-15.00M | $-14.00M | $-7.00M | $-10.00M | $-20.00M | $160.00M |
| Change in Receivables | $26.00M | $11.00M | $9.00M | $6.00M | $1.00M | $5.00M |
| Change in Inventory | $-116.00M | $14.00M | $-8.00M | $19.00M | $19.00M | $16.00M |
| Operating Cash Flow | $2.78B | $1.47B | $1.42B | $1.47B | $1.41B | $1.13B |
| Capital Expenditure | $1.02B | $626.00M | $705.00M | $710.00M | $679.00M | $689.00M |
| Acquisitions | - | - | - | - | $23.00M | $115.00M |
| Purchases of Investments | $13.35B | $7.58B | $4.73B | $3.52B | $5.19B | $6.14B |
| Investing Cash Flow | $-367.00M | $-5.00M | $-178.00M | $-743.00M | $-522.00M | $-855.00M |
| Stock Repurchased | $1.69B | $1.14B | $1.25B | $613.00M | $466.00M | $75.00M |
| Dividends Paid | $623.00M | $353.00M | $248.00M | $216.00M | $202.00M | $203.00M |
| Financing Cash Flow | $-2.68B | $-1.69B | $-1.64B | $-716.00M | $-844.00M | $-313.00M |
| Net Change in Cash | $-246.00M | $-217.00M | $-405.00M | $-2.00M | $-6.00M | $-22.00M |
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 | $3.21B | $3.07B | $8.97B | $8.71B |
| Operating Expenses | $2.81B | $2.70B | $7.87B | $7.70B |
| Operating Income | $400.00M | $371.00M | $1.10B | $1.01B |
| Interest Expense | - | - | - | $4.00M |
| Income Before Tax | $413.00M | $436.00M | $1.15B | $1.16B |
| Income Tax Expense | $114.00M | $119.00M | $313.00M | $309.00M |
| Net Income | $282.00M | $297.00M | $789.00M | $796.00M |
| Basic EPS | 0.76 | 0.77 | 2.12 | 2.04 |
| Diluted EPS | 0.76 | 0.77 | 2.11 | 2.03 |
| Basic Shares Outstanding | $368.00M | $384.00M | $372.00M | $391.00M |
| Diluted Shares Outstanding | $369.00M | $385.00M | $374.00M | $393.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $648.00M | $723.00M |
| Short-term Investments | $1.50B | $1.12B |
| Accounts Receivable | $86.00M | $79.00M |
| Inventory | $389.00M | $405.00M |
| Total Current Assets | $3.02B | $2.69B |
| Property Plant & Equipment | $2.44B | $2.41B |
| Goodwill | $1.93B | $1.88B |
| Intangible Assets | $146.00M | $144.00M |
| Other Non-current Assets | $268.00M | $256.00M |
| Total Assets | $11.03B | $11.12B |
| Short-term Debt | $29.00M | $127.00M |
| Total Current Liabilities | $2.28B | $2.28B |
| Deferred Tax Liabilities | $396.00M | $389.00M |
| Other Non-current Liabilities | $156.00M | $157.00M |
| Total Liabilities | $4.65B | $4.69B |
| Retained Earnings | $2.05B | $2.09B |
| Treasury Stock | $10.00M | $52.00M |
| Total Stockholders Equity | $5.69B | $5.73B |
| Total Liabilities & Equity | $11.03B | $11.12B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $282.00M | $297.00M | $789.00M | $796.00M |
| Depreciation & Amortization | $114.00M | $120.00M | $333.00M | $355.00M |
| Stock-based Compensation | - | - | $32.00M | $32.00M |
| Deferred Income Tax | - | - | $-10.00M | $-4.00M |
| Change in Receivables | - | - | $5.00M | $4.00M |
| Change in Inventory | - | - | $-25.00M | $-69.00M |
| Operating Cash Flow | - | - | $1.34B | $1.25B |
| Capital Expenditure | - | - | $385.00M | $523.00M |
| Purchases of Investments | - | - | $6.16B | $3.33B |
| Investing Cash Flow | - | - | $-316.00M | $-28.00M |
| Stock Repurchased | - | - | $692.00M | $1.06B |
| Dividends Paid | - | - | $268.00M | $187.00M |
| Financing Cash Flow | - | - | $-1.11B | $-1.16B |
| Net Change in Cash | - | - | $-75.00M | $65.00M |
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.