$11.31B
Revenue
$2.12B
Net Income
51.41%
Gross Margin
25.26%
Op. Margin
$3.71B
Free Cash Flow
| Breakdown | TTM (Sep 30, 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) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $11.31B | $10.82B | $9.98B | $9.11B | $8.17B | $7.41B | $7.89B | $7.34B | $6.38B | $6.04B |
| Revenue Growth % | 4.6% | 8.4% | 9.5% | 11.5% | 10.2% | -6.0% | 7.4% | 15.1% | 5.7% | nan% |
| Cost of Revenue | $5.50B | $5.30B | $5.01B | $4.88B | $4.13B | $3.81B | $3.96B | $3.86B | $3.36B | $3.17B |
| Gross Profit | $5.82B | $5.51B | $4.97B | $4.23B | $4.04B | $3.61B | $3.93B | $3.48B | $3.02B | $2.87B |
| Gross Margin % | 51.4% | 51.0% | 49.8% | 46.4% | 49.4% | 48.7% | 49.8% | 47.4% | 47.4% | 47.5% |
| Research & Development | $947.00M | $917.00M | $858.00M | $779.00M | $734.00M | $686.00M | $687.00M | $637.00M | $568.00M | $553.00M |
| Selling General & Admin | $1.86B | $1.75B | $1.56B | $1.45B | $1.35B | $1.29B | $1.40B | $1.25B | $979.00M | $1.00B |
| Operating Income | $2.86B | $2.69B | $2.29B | $1.66B | $1.67B | $1.38B | $1.58B | $1.25B | $1.28B | $1.07B |
| Operating Margin % | 25.3% | 24.8% | 23.0% | 18.2% | 20.4% | 18.7% | 20.0% | 17.1% | 20.1% | 17.7% |
| Interest Expense | $482.00M | $295.00M | $249.00M | $226.00M | $207.00M | $217.00M | $221.00M | $204.00M | $176.00M | $191.00M |
| Other Income/Expense | $130.00M | $-489.00M | $68.00M | $77.00M | $92.00M | $13.00M | $-365.00M | $53.00M | $-8.00M | $-12.00M |
| Income Before Tax | $2.74B | $1.97B | $2.15B | $1.51B | $1.55B | $1.17B | $1.00B | $1.10B | $1.08B | $844.00M |
| Income Tax Expense | $617.00M | $390.00M | $432.00M | $148.00M | $302.00M | $221.00M | $130.00M | $133.00M | $1.23B | $282.00M |
| Net Income | $2.12B | $1.58B | $1.71B | $1.36B | $1.25B | $949.00M | $868.00M | $966.00M | $-155.00M | $560.00M |
| Net Margin % | 18.7% | 14.6% | 17.1% | 15.0% | 15.2% | 12.8% | 11.0% | 13.2% | -2.4% | 9.3% |
| Basic EPS | 12.69 | 9.45 | 10.23 | 8.14 | 7.36 | 5.58 | 5.21 | 5.95 | -0.95 | 3.30 |
| Diluted EPS | 12.47 | 9.23 | 9.93 | 7.93 | 7.17 | 5.45 | 4.95 | 5.62 | -0.95 | 3.24 |
| Basic Shares Outstanding | 166.6M | 166.8M | 167.0M | 167.5M | 169.2M | 170.0M | 166.6M | 162.4M | 162.9M | 169.6M |
| Diluted Shares Outstanding | 169.0M | 170.8M | 172.1M | 171.9M | 173.6M | 174.1M | 175.6M | 172.0M | 162.9M | 173.1M |
| Breakdown | 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) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.10B | $1.71B | $1.32B | $1.87B | $1.25B | $1.00B | $1.25B | $1.21B | $1.03B |
| Accounts Receivable | $1.95B | $1.71B | $1.52B | $1.39B | $1.39B | $1.41B | $1.29B | $1.52B | $1.41B |
| Inventory | $766.00M | $827.00M | $1.05B | $788.00M | $508.00M | $447.00M | $356.00M | $327.00M | $273.00M |
| Other Current Assets | $429.00M | $357.00M | $383.00M | $259.00M | $242.00M | $272.00M | $354.00M | $832.00M | $755.00M |
| Total Current Assets | $6.48B | $5.72B | $5.25B | $5.41B | $4.33B | $4.18B | $4.27B | $3.95B | $3.47B |
| Property Plant & Equipment | $1.02B | - | - | - | $1.02B | $992.00M | $895.00M | $856.00M | $789.00M |
| Goodwill | $3.53B | $3.40B | $3.31B | $2.56B | $2.22B | $2.07B | $1.51B | $938.00M | $728.00M |
| Intangible Assets | $1.25B | $1.25B | $1.34B | $1.10B | $1.23B | $1.33B | $1.23B | $861.00M | $821.00M |
| Long-term Investments | $135.00M | $143.00M | $147.00M | $209.00M | $158.00M | $159.00M | $169.00M | $247.00M | $238.00M |
| Other Non-current Assets | $375.00M | $274.00M | $310.00M | $558.00M | $482.00M | $422.00M | $344.00M | $333.00M | $1.02B |
| Total Assets | $14.60B | $13.34B | $12.81B | $12.19B | $10.88B | $10.64B | $9.41B | $8.21B | $8.46B |
| Accounts Payable | $1.02B | $881.00M | $1.06B | $851.00M | $612.00M | $618.00M | $592.00M | $593.00M | $553.00M |
| Short-term Debt | $322.00M | $1.31B | $1.00M | - | - | - | $31.00M | $52.00M | $4.00M |
| Accrued Liabilities | $1.64B | $1.50B | $1.64B | $1.56B | $1.31B | $1.36B | $1.21B | $2.29B | $2.11B |
| Deferred Revenue | $2.07B | $2.04B | $1.86B | $1.65B | $1.55B | $1.45B | $1.26B | - | - |
| Total Current Liabilities | $5.05B | $5.74B | $4.56B | $4.06B | $3.49B | $3.44B | $3.10B | $2.93B | $2.67B |
| Long-term Debt | $5.67B | $4.71B | $6.01B | $5.69B | $5.16B | $5.11B | $5.29B | $4.42B | $4.39B |
| Deferred Tax Liabilities | $87.00M | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $1.72B | $1.74B | $1.69B | $2.15B | $2.36B | $2.28B | $2.30B | $2.58B | $2.35B |
| Common Stock | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M |
| Retained Earnings | $2.30B | $1.64B | $1.34B | $1.35B | $1.13B | $1.24B | $1.05B | $467.00M | $1.15B |
| Total Stockholders Equity | $1.70B | $724.00M | $116.00M | $-40.00M | $-558.00M | $-700.00M | $-1.29B | $-1.74B | $-964.00M |
| Total Liabilities & Equity | $14.60B | $13.34B | $12.81B | $12.19B | $10.88B | $10.64B | $9.41B | $8.21B | $8.46B |
| Breakdown | TTM (Sep 30, 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) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $2.55B | $1.58B | $1.71B | $1.36B | $1.25B | $949.00M | $868.00M | $966.00M | $-155.00M | $560.00M |
| Depreciation & Amortization | $616.00M | $336.00M | $356.00M | $440.00M | $438.00M | $409.00M | $394.00M | $360.00M | $343.00M | $295.00M |
| Stock-based Compensation | $482.00M | $243.00M | $212.00M | $172.00M | $129.00M | $129.00M | $118.00M | $73.00M | $66.00M | $68.00M |
| Deferred Income Tax | $69.00M | $-215.00M | $-32.00M | $-334.00M | $34.00M | $-25.00M | $-84.00M | $9.00M | $1.10B | $213.00M |
| Change in Receivables | - | - | - | - | - | - | - | - | $60.00M | $6.00M |
| Change in Inventory | $212.00M | $-62.00M | $-200.00M | $242.00M | $284.00M | $14.00M | $74.00M | $-71.00M | $46.00M | $-6.00M |
| Operating Cash Flow | $3.94B | $2.39B | $2.04B | $1.82B | $1.84B | $1.61B | $1.82B | $1.07B | $1.35B | $1.17B |
| Capital Expenditure | $237.00M | $257.00M | $253.00M | $256.00M | $243.00M | $217.00M | $248.00M | $197.00M | $227.00M | $271.00M |
| Investing Cash Flow | $-6.09B | $-507.00M | $-414.00M | $-1.39B | $-742.00M | $-437.00M | $-934.00M | $-1.27B | $-448.00M | $-1.00B |
| Debt Repayment | $574.00M | $1.91B | $1.00M | $285.00M | $353.00M | $914.00M | $2.04B | $723.00M | $21.00M | $686.00M |
| Stock Issued | - | $75.00M | $104.00M | $156.00M | $102.00M | $108.00M | $114.00M | $168.00M | $82.00M | $93.00M |
| Stock Repurchased | $1.64B | $244.00M | $804.00M | $836.00M | $528.00M | $612.00M | $315.00M | $132.00M | $483.00M | $842.00M |
| Dividends Paid | $710.00M | $654.00M | $589.00M | $530.00M | $482.00M | $436.00M | $379.00M | $337.00M | $307.00M | $280.00M |
| Financing Cash Flow | $2.08B | $-1.45B | $-1.29B | $-906.00M | $-429.00M | $-966.00M | $-1.14B | $220.00M | $-722.00M | $-1.04B |
| Net Change in Cash | $56.00M | $397.00M | $380.00M | $-549.00M | $620.00M | $253.00M | $-256.00M | $-11.00M | $238.00M | $-950.00M |
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 | $3.01B | - | $8.30B | - |
| Cost of Revenue | $1.46B | - | $4.04B | - |
| Gross Profit | $1.55B | - | $4.27B | - |
| Research & Development | $237.00M | - | $700.00M | - |
| Selling General & Admin | $485.00M | - | $1.37B | - |
| Operating Income | $770.00M | - | $2.04B | - |
| Interest Expense | $86.00M | - | $166.00M | - |
| Other Income/Expense | $41.00M | - | $100.00M | - |
| Income Before Tax | $725.00M | - | $1.95B | - |
| Income Tax Expense | $161.00M | - | $442.00M | - |
| Net Income | $562.00M | - | $1.50B | - |
| Basic EPS | 3.37 | - | 9.02 | - |
| Diluted EPS | 3.33 | - | 8.89 | - |
| Basic Shares Outstanding | $166.60M | - | $166.80M | - |
| Diluted Shares Outstanding | $169.00M | - | $169.20M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $894.00M | $2.10B |
| Accounts Receivable | $2.02B | $1.95B |
| Inventory | $943.00M | $766.00M |
| Other Current Assets | $441.00M | $429.00M |
| Total Current Assets | $5.81B | $6.48B |
| Goodwill | $6.78B | $3.53B |
| Intangible Assets | $3.13B | $1.25B |
| Long-term Investments | $192.00M | $135.00M |
| Other Non-current Assets | $446.00M | $375.00M |
| Total Assets | $18.80B | $14.60B |
| Accounts Payable | $940.00M | $1.02B |
| Short-term Debt | $928.00M | - |
| Accrued Liabilities | $1.72B | $1.64B |
| Deferred Revenue | $2.07B | $2.07B |
| Total Current Liabilities | $5.66B | $5.05B |
| Long-term Debt | $8.41B | $5.67B |
| Other Non-current Liabilities | $1.92B | $1.72B |
| Common Stock | $2.00M | $2.00M |
| Retained Earnings | $2.59B | $2.30B |
| Total Stockholders Equity | $2.33B | $1.70B |
| Total Liabilities & Equity | $18.80B | $14.60B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $562.00M | - | $1.50B | - |
| Depreciation & Amortization | - | - | $282.00M | - |
| Stock-based Compensation | - | - | $213.00M | - |
| Deferred Income Tax | - | - | $95.00M | - |
| Change in Inventory | - | - | $107.00M | - |
| Operating Cash Flow | - | - | $1.58B | - |
| Capital Expenditure | $66.00M | - | $151.00M | - |
| Investing Cash Flow | - | - | $-4.97B | - |
| Debt Repayment | - | - | $322.00M | - |
| Stock Repurchased | - | - | $664.00M | - |
| Dividends Paid | $182.00M | - | $546.00M | - |
| Financing Cash Flow | - | - | $2.11B | - |
| Net Change in Cash | - | - | $-1.21B | - |
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.