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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 9 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)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
+ Total Revenue $7.65B $7.65B $7.24B $6.88B $5.92B $5.15B $4.91B $2.45B $2.69B $2.38B
Revenue Growth % 0.0% 5.7% 5.2% 16.2% 14.8% 4.9% 100.3% -8.8% 13.2% nan%
Cost of Revenue $4.31B $4.31B $4.07B $3.99B $3.59B $3.16B $3.30B $1.54B $1.68B $1.48B
+ Gross Profit $3.34B $3.34B $3.17B $2.88B $2.33B $1.99B $1.61B $911.70M $1.01B $897.90M
Gross Margin % 43.6% 43.6% 43.8% 41.9% 39.3% 38.6% 32.9% 37.2% 37.6% 37.8%
Research & Development - $114.30M $116.60M $108.20M - - - - - -
Selling General & Admin $1.44B $1.44B $1.34B $1.27B $1.10B $1.03B $894.80M $436.40M $434.60M $446.60M
+ Operating Income $1.14B $1.14B $1.30B $1.16B $817.30M $565.70M $85.70M $275.30M $443.00M $108.70M
Operating Margin % 15.0% 15.0% 18.0% 16.9% 13.8% 11.0% 1.7% 11.2% 16.5% 4.6%
Interest Expense $406.20M $249.00M $209.00M $156.70M $103.20M $87.70M $111.10M $88.90M $99.60M $140.70M
Other Income/Expense $44.60M $44.60M $48.90M $37.00M $29.20M $44.00M $8.00M $4.70M $7.20M $3.80M
Income Before Tax $935.30M $935.30M $1.13B $1.03B $742.20M $513.00M $-19.40M $190.90M $349.50M $-112.70M
Income Tax Expense $219.40M $219.40M $262.50M $240.00M $149.60M $-21.80M $13.00M $31.80M $80.10M $-131.20M
+ Net Income $581.40M $581.40M $838.60M $778.70M $604.70M $562.50M $-33.30M $159.10M $269.40M $18.40M
Net Margin % 7.6% 7.6% 11.6% 11.3% 10.2% 10.9% -0.7% 6.5% 10.0% 0.8%
Basic EPS 1.46 1.46 2.08 1.92 1.49 1.36 -0.09 0.78 1.34 0.10
Diluted EPS 1.45 1.45 2.06 1.90 1.47 1.34 -0.09 0.76 1.29 0.10
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)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
Cash & Cash Equivalents $1.25B $1.54B $1.60B $1.61B $2.11B $1.75B $505.50M $221.20M $393.30M
Accounts Receivable $1.52B $1.34B $1.23B $1.12B $948.60M $966.60M $459.10M $525.40M $536.30M
Inventory $1.17B $1.05B $1.00B $1.03B $854.20M $943.60M $502.50M $523.90M $494.50M
Other Current Assets $308.30M $231.90M $219.60M $206.90M $186.90M $201.00M $76.80M $60.70M $39.50M
Total Current Assets $4.25B $4.16B $4.05B $3.97B $4.11B $3.86B $1.54B $1.33B $1.46B
Property Plant & Equipment $930.30M $842.10M - - - $797.30M $326.60M $356.60M $363.20M
Goodwill $8.48B $8.15B $6.61B $6.06B $5.98B $6.30B $1.29B $1.29B $1.23B
Intangible Assets $4.24B $4.37B $3.61B $3.58B $3.91B $4.73B $1.25B $1.37B $1.43B
Other Non-current Assets $355.80M $457.20M $549.40M $509.10M $468.70M $346.90M $212.20M $140.10M $134.60M
Total Assets $18.30B $18.01B $15.56B $14.77B $15.15B $16.06B $4.63B $4.49B $4.62B
Accounts Payable $996.10M $843.60M $801.20M $778.70M $670.50M $671.10M $322.90M $340.00M $269.70M
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 $787.10M $244.10M $248.50M $271.20M
Deferred Revenue $347.20M $318.60M - - - - - - -
Total Current Liabilities $2.07B $1.82B $1.83B $1.67B $1.47B $1.50B $574.60M $596.40M $561.80M
Long-term Debt $4.78B $4.75B $2.69B $2.72B $3.40B $3.86B $1.60B $1.66B $2.02B
Deferred Tax Liabilities $696.90M $757.60M $612.60M $610.60M $708.60M $875.70M $251.00M $265.50M -
Other Non-current Liabilities $462.50M $294.30M $433.90M $360.80M $310.10M $360.70M $229.40M $190.20M $226.00M
Total Liabilities $8.14B $7.76B $5.72B $5.51B $6.08B $6.87B $2.76B $2.81B $3.14B
Common Stock $4.30M $4.30M $4.30M $4.30M $4.30M $4.20M $2.10M $2.00M $2.00M
Retained Earnings $3.05B $2.50B $1.70B $950.90M $378.60M $-175.70M $-141.40M $-308.70M $-577.80M
Treasury Stock - - - - $748.40M $33.30M $36.80M $53.00M $23.00M
Total Stockholders Equity $10.09B $10.18B $9.78B $9.20B $9.00B $9.12B $1.87B $1.68B $1.48B
Total Liabilities & Equity $18.30B $18.01B $15.56B $14.77B $15.15B $16.06B $4.63B $4.49B $4.62B
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)
Net Income $767.90M $581.40M $838.60M $778.70M $604.70M $562.50M $-33.30M $159.10M $269.40M $18.40M
Depreciation & Amortization - $505.80M $482.00M $459.10M - - - - - -
Stock-based Compensation $98.10M $53.00M $58.80M $51.90M $78.90M $87.20M $51.30M $19.20M $2.80M $175.00M
Deferred Income Tax - $-79.40M $-33.10M $-76.90M $-85.80M $-103.60M $-104.40M $-21.30M $4.00M $-249.00M
Change in Receivables $-4.50M $59.10M $45.10M $48.60M $195.20M $62.50M $-100.30M $-54.70M $-13.20M $65.70M
Change in Inventory $166.20M $26.10M $-39.80M $-117.30M $225.60M $134.40M $-170.80M $-18.70M $13.00M $22.70M
Change in Payables $-35.90M $78.70M $13.30M $-23.90M $120.40M $118.20M $-13.30M $-9.20M $69.60M $39.90M
Operating Cash Flow $2.11B $1.36B $1.40B $1.38B - - $914.30M $343.30M $444.50M $200.50M
Capital Expenditure $135.60M $135.60M $149.10M $105.40M $94.60M $64.10M $48.70M $43.20M $52.20M $56.80M
Acquisitions $898.80M $525.00M $2.96B $963.00M $246.80M $974.80M $-9.00M $12.00M $186.30M $18.80M
Investing Cash Flow $-1.14B $-660.60M $-3.11B $-1.06B - - $-37.90M $-54.30M $-235.00M $-60.80M
Debt Repayment - - $1.24B $1.52B $655.60M $435.70M $1.62B $32.80M $337.60M $2.88B
Stock Issued - - - - - - - - - $893.60M
Stock Repurchased $1.54B $1.02B $260.70M $263.00M $261.10M $736.80M $2.10M $18.60M $40.70M $3.60M
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 $328.70M $-11.50M $-373.00M $-17.40M
Net Change in Cash $-451.40M $-292.40M $-54.30M $-17.50M $-496.60M $358.70M $1.25B $284.30M $-172.10M $137.50M
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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