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$7.65B
Revenue
$581.40M
Net Income
43.61%
Gross Margin
14.96%
Op. Margin
$1.98B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 9 annual reports available (2017 - 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)
+ Total Revenue $7.65B $7.65B $7.24B $6.88B $5.92B $5.15B
Revenue Growth % 0.0% 5.7% 5.2% 16.2% 14.8% nan%
Cost of Revenue $4.31B $4.31B $4.07B $3.99B $3.59B $3.16B
+ Gross Profit $3.34B $3.34B $3.17B $2.88B $2.33B $1.99B
Gross Margin % 43.6% 43.6% 43.8% 41.9% 39.3% 38.6%
Research & Development - $114.30M $116.60M $108.20M - -
Selling General & Admin $1.44B $1.44B $1.34B $1.27B $1.10B $1.03B
+ Operating Income $1.14B $1.14B $1.30B $1.16B $817.30M $565.70M
Operating Margin % 15.0% 15.0% 18.0% 16.9% 13.8% 11.0%
Interest Expense $406.20M $249.00M $209.00M $156.70M $103.20M $87.70M
Other Income/Expense $44.60M $44.60M $48.90M $37.00M $29.20M $44.00M
Income Before Tax $935.30M $935.30M $1.13B $1.03B $742.20M $513.00M
Income Tax Expense $219.40M $219.40M $262.50M $240.00M $149.60M $-21.80M
+ Net Income $581.40M $581.40M $838.60M $778.70M $604.70M $562.50M
Net Margin % 7.6% 7.6% 11.6% 11.3% 10.2% 10.9%
Basic EPS 1.46 1.46 2.08 1.92 1.49 1.36
Diluted EPS 1.45 1.45 2.06 1.90 1.47 1.34
Basic Shares Outstanding - 398.1M 403.4M 404.8M - -
Diluted Shares Outstanding - 401.0M 407.2M 409.0M - -
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 $1.25B $1.54B $1.60B $1.61B $2.11B
Accounts Receivable $1.52B $1.34B $1.23B $1.12B $948.60M
Inventory $1.17B $1.05B $1.00B $1.03B $854.20M
Other Current Assets $308.30M $231.90M $219.60M $206.90M $186.90M
Total Current Assets $4.25B $4.16B $4.05B $3.97B $4.11B
Property Plant & Equipment $930.30M $842.10M - - -
Goodwill $8.48B $8.15B $6.61B $6.06B $5.98B
Intangible Assets $4.24B $4.37B $3.61B $3.58B $3.91B
Other Non-current Assets $355.80M $457.20M $549.40M $509.10M $468.70M
Total Assets $18.30B $18.01B $15.56B $14.77B $15.15B
Accounts Payable $996.10M $843.60M $801.20M $778.70M $670.50M
Short-term Debt $1.40M $1.70M $30.60M $36.50M $38.80M
Accrued Liabilities $1.07B $972.20M $995.50M $858.80M $741.30M
Deferred Revenue $347.20M $318.60M - - -
Total Current Liabilities $2.07B $1.82B $1.83B $1.67B $1.47B
Long-term Debt $4.78B $4.75B $2.69B $2.72B $3.40B
Deferred Tax Liabilities $696.90M $757.60M $612.60M $610.60M $708.60M
Other Non-current Liabilities $462.50M $294.30M $433.90M $360.80M $310.10M
Total Liabilities $8.14B $7.76B $5.72B $5.51B $6.08B
Common Stock $4.30M $4.30M $4.30M $4.30M $4.30M
Retained Earnings $3.05B $2.50B $1.70B $950.90M $378.60M
Treasury Stock - - - - $748.40M
Total Stockholders Equity $10.09B $10.18B $9.78B $9.20B $9.00B
Total Liabilities & Equity $18.30B $18.01B $15.56B $14.77B $15.15B
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 $767.90M $581.40M $838.60M $778.70M $604.70M $562.50M
Depreciation & Amortization - $505.80M $482.00M $459.10M - -
Stock-based Compensation $98.10M $53.00M $58.80M $51.90M $78.90M $87.20M
Deferred Income Tax - $-79.40M $-33.10M $-76.90M $-85.80M $-103.60M
Change in Receivables $-4.50M $59.10M $45.10M $48.60M $195.20M $62.50M
Change in Inventory $166.20M $26.10M $-39.80M $-117.30M $225.60M $134.40M
Change in Payables $-35.90M $78.70M $13.30M $-23.90M $120.40M $118.20M
Operating Cash Flow $2.11B $1.36B $1.40B $1.38B - -
Capital Expenditure $135.60M $135.60M $149.10M $105.40M $94.60M $64.10M
Acquisitions $898.80M $525.00M $2.96B $963.00M $246.80M $974.80M
Investing Cash Flow $-1.14B $-660.60M $-3.11B $-1.06B - -
Debt Repayment - - $1.24B $1.52B $655.60M $435.70M
Stock Repurchased $1.54B $1.02B $260.70M $263.00M $261.10M $736.80M
Dividends Paid $56.00M $31.80M $32.30M $32.40M $32.40M $8.20M
Financing Cash Flow $-1.59B $-1.05B $1.71B $-337.50M $-954.00M $-1.16B
Net Change in Cash $-451.40M $-292.40M $-54.30M $-17.50M $-496.60M $358.70M
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 $1.96B $1.86B $5.56B $5.34B
Cost of Revenue $1.10B $1.05B $3.11B $2.98B
Gross Profit $855.20M $815.00M $2.45B $2.35B
Selling General & Admin $361.00M $334.30M $1.08B $1.01B
Operating Income $375.50M $356.30M $754.40M $921.30M
Interest Expense $65.10M $63.80M $158.50M $98.00M
Other Income/Expense $9.00M $9.50M $35.20M $40.80M
Income Before Tax $319.40M $302.00M $600.60M $807.70M
Income Tax Expense $73.60M $73.80M $153.10M $174.30M
Net Income $244.10M $221.60M $315.30M $608.80M
Basic EPS 0.62 0.55 0.79 1.51
Diluted EPS 0.61 0.54 0.78 1.49
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.18B $1.54B
Accounts Receivable $1.43B $1.34B
Inventory $1.26B $1.05B
Other Current Assets $300.30M $231.90M
Total Current Assets $4.16B $4.16B
Goodwill $8.41B $8.15B
Intangible Assets $4.32B $4.37B
Other Non-current Assets $356.00M $457.20M
Total Assets $18.19B $18.01B
Accounts Payable $831.60M $843.60M
Short-term Debt $1.40M $3.10M
Accrued Liabilities $1.09B $972.20M
Total Current Liabilities $1.93B $1.82B
Long-term Debt $4.79B $4.75B
Deferred Tax Liabilities $686.70M $757.60M
Other Non-current Liabilities $461.60M $294.30M
Total Liabilities $8.00B $7.76B
Common Stock $4.30M $4.30M
Retained Earnings $2.79B $2.50B
Total Stockholders Equity $10.12B $10.18B
Total Liabilities & Equity $18.19B $18.01B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $244.10M $221.60M $315.30M $608.80M
Stock-based Compensation - - $45.80M $43.60M
Change in Receivables - - $-23.30M $17.90M
Change in Inventory - - $109.60M $40.10M
Change in Payables - - $-69.20M $-95.60M
Operating Cash Flow - - $856.70M $870.50M
Capital Expenditure $29.10M $29.70M $98.10M $113.80M
Acquisitions - - $459.80M $2.76B
Investing Cash Flow - - $-557.90M $-2.87B
Debt Repayment - - - $1.24B
Stock Repurchased - - $703.30M $198.20M
Dividends Paid - - $24.00M $24.20M
Financing Cash Flow - - $-726.60M $1.78B
Net Change in Cash - - $-364.60M $-218.60M

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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