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$24.57B
Revenue
$3.61B
Net Income
59.11%
Gross Margin
19.09%
Op. Margin
$8.46B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 17 annual reports available (2009 - 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 $24.57B $24.57B $23.88B $23.89B $31.47B $29.45B
Revenue Growth % 0.0% 2.9% -0.1% -24.1% 6.9% nan%
Cost of Revenue $10.04B $10.04B $9.67B $9.86B $12.52B $11.50B
+ Gross Profit $14.52B $14.52B $14.21B $14.03B $18.95B $17.95B
Gross Margin % 59.1% 59.1% 59.5% 58.7% 60.2% 61.0%
Research & Development $1.60B $1.60B $1.58B $1.50B $1.75B $1.74B
Selling General & Admin $8.23B $8.23B $7.76B $7.33B $8.52B $8.20B
+ Operating Income $4.69B $4.69B $4.86B $5.20B $8.69B $7.46B
Operating Margin % 19.1% 19.1% 20.4% 21.8% 27.6% 25.3%
Interest Expense $543.00M $331.00M $370.00M $286.00M $211.00M $238.00M
Interest Income $30.00M $30.00M $117.00M $303.00M $41.00M $11.00M
Other Income/Expense $-222.00M $-222.00M $-56.00M $-175.00M $-226.00M $456.00M
Income Before Tax $4.23B $4.23B $4.65B $5.04B $8.29B $7.60B
Income Tax Expense $633.00M $633.00M $747.00M $823.00M $1.08B $1.25B
+ Net Income $3.61B $3.61B $3.90B $4.76B $7.21B $6.43B
Net Margin % 14.7% 14.7% 16.3% 19.9% 22.9% 21.8%
Basic EPS 5.07 5.07 5.33 6.44 9.80 8.77
Diluted EPS 5.04 5.05 5.29 6.38 9.66 8.61
Basic Shares Outstanding - 712.7M 731.0M 736.5M 725.1M 714.6M
Diluted Shares Outstanding - 716.1M 737.2M 743.1M 737.1M 736.8M
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)
Accounts Receivable $3.91B $3.54B $3.92B $4.92B $4.63B
Inventory $2.49B $2.33B $2.59B $3.11B $2.77B
Other Current Assets $1.74B $1.55B $1.56B $1.86B $1.66B
Total Current Assets $12.76B $9.50B $13.94B $15.88B $11.65B
Property Plant & Equipment $5.53B $4.99B $4.55B $3.96B $3.79B
Goodwill $43.15B $40.50B $41.61B $39.75B $41.18B
Intangible Assets $17.82B $18.57B $20.75B $20.30B $22.84B
Other Non-current Assets $4.21B $3.99B $3.64B $4.46B $3.72B
Total Assets $83.46B $77.54B $84.49B $84.35B $83.18B
Short-term Debt $2.00M $505.00M $1.70B $591.00M $8.00M
Accrued Liabilities $4.96B $4.54B $4.81B $5.50B $5.56B
Deferred Revenue $1.35B $1.30B - - -
Total Current Liabilities $6.81B $6.80B $8.27B $8.39B $8.14B
Long-term Debt $18.42B $16.00B $16.71B $19.09B $22.17B
Other Non-current Liabilities $5.70B $5.69B $6.02B $6.79B $7.70B
Common Stock $9.00M $9.00M $9.00M $9.00M $9.00M
Retained Earnings $46.89B $44.19B $41.07B $39.20B $32.83B
Total Stockholders Equity $52.53B $49.54B $53.49B $50.08B $45.17B
Total Liabilities & Equity $83.46B $77.54B $84.49B $84.35B $83.18B
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 $4.57B $3.61B $3.90B $4.76B $7.21B $6.43B
Stock-based Compensation $511.00M $298.00M $288.00M $306.00M $336.00M $218.00M
Change in Receivables $-7.00M $216.00M $-331.00M $-322.00M $477.00M $611.00M
Change in Inventory $472.00M $58.00M $-147.00M $-185.00M $486.00M $502.00M
Change in Payables $-163.00M $9.00M $19.00M $-149.00M $5.00M $549.00M
Operating Cash Flow $10.35B $6.42B $6.69B $7.16B $8.52B $8.36B
Capital Expenditure $1.89B $1.16B $1.39B $1.38B $1.15B $1.29B
Acquisitions - - $558.00M $5.61B $637.00M $10.96B
Purchases of Investments $195.00M $127.00M $331.00M $172.00M $523.00M $934.00M
Investing Cash Flow $-1.94B $-1.20B $-1.98B $-7.08B $-2.23B $-12.99B
Stock Issued - - - - - -
Stock Repurchased $5.24B $3.09B $5.98B - - -
Dividends Paid $1.50B $878.00M $768.00M $821.00M $818.00M $742.00M
Financing Cash Flow $-5.72B $-2.96B $-8.38B $-273.00M $-2.57B $1.29B
Net Change in Cash $3.33B $2.54B $-3.79B $-131.00M $3.41B $-3.45B
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 $6.05B $5.80B $17.73B $17.34B
Cost of Revenue $2.53B $2.40B $7.17B $7.02B
Gross Profit $3.52B $3.40B $10.56B $10.32B
Research & Development $378.00M $383.00M $1.16B $1.14B
Selling General & Admin $1.99B $2.06B $6.21B $5.74B
Operating Income $1.15B $958.00M $3.19B $3.44B
Interest Expense $67.00M $87.00M $231.00M $280.00M
Interest Income $3.00M $4.00M $17.00M $103.00M
Other Income/Expense $-14.00M $102.00M $-135.00M $7.00M
Income Before Tax $1.08B $977.00M $2.86B $3.33B
Income Tax Expense $168.00M $159.00M $443.00M $518.00M
Net Income $908.00M $818.00M $2.42B $2.81B
Basic EPS 1.28 1.13 3.38 3.83
Diluted EPS 1.27 1.12 3.37 3.80
Basic Shares Outstanding $710.70M $723.00M $714.50M $733.80M
Diluted Shares Outstanding $713.70M $729.40M $717.90M $740.10M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Accounts Receivable $3.75B $3.54B
Inventory $2.67B $2.33B
Other Current Assets $1.65B $1.55B
Total Current Assets $9.61B $9.50B
Property Plant & Equipment $5.38B $4.99B
Goodwill $42.95B $40.50B
Intangible Assets $18.10B $18.57B
Other Non-current Assets $3.87B $3.99B
Total Assets $79.90B $77.54B
Short-term Debt $23.00M $505.00M
Accrued Liabilities $4.60B $4.54B
Total Current Liabilities $6.32B $6.80B
Long-term Debt $16.83B $15.50B
Other Non-current Liabilities $5.66B $5.69B
Common Stock $9.00M $9.00M
Retained Earnings $45.92B $44.19B
Total Stockholders Equity $51.07B $49.54B
Total Liabilities & Equity $79.90B $77.54B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $908.00M $818.00M $2.42B $2.81B
Stock-based Compensation - - $235.00M $231.00M
Change in Receivables - - $65.00M $-482.00M
Change in Inventory - - $242.00M $117.00M
Change in Payables - - $-134.00M $-186.00M
Operating Cash Flow - - $4.30B $4.67B
Capital Expenditure - - $785.00M $876.00M
Acquisitions - - - $525.00M
Purchases of Investments - - $79.00M $188.00M
Investing Cash Flow - - $-812.00M $-1.29B
Stock Repurchased - - $3.09B $5.17B
Dividends Paid - - $652.00M $573.00M
Financing Cash Flow - - $-4.28B $-6.69B
Net Change in Cash - - $-550.00M $-3.24B

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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