$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) |
|---|---|---|---|---|---|
| Total Revenue | $11.31B | $10.82B | $9.98B | $9.11B | $8.17B |
| Revenue Growth % | 4.6% | 8.4% | 9.5% | 11.5% | nan% |
| Cost of Revenue | $5.50B | $5.30B | $5.01B | $4.88B | $4.13B |
| Gross Profit | $5.82B | $5.51B | $4.97B | $4.23B | $4.04B |
| Gross Margin % | 51.4% | 51.0% | 49.8% | 46.4% | 49.4% |
| Research & Development | $947.00M | $917.00M | $858.00M | $779.00M | $734.00M |
| Selling General & Admin | $1.86B | $1.75B | $1.56B | $1.45B | $1.35B |
| Operating Income | $2.86B | $2.69B | $2.29B | $1.66B | $1.67B |
| Operating Margin % | 25.3% | 24.8% | 23.0% | 18.2% | 20.4% |
| Interest Expense | $482.00M | $295.00M | $249.00M | $226.00M | $207.00M |
| Other Income/Expense | $130.00M | $-489.00M | $68.00M | $77.00M | $92.00M |
| Income Before Tax | $2.74B | $1.97B | $2.15B | $1.51B | $1.55B |
| Income Tax Expense | $617.00M | $390.00M | $432.00M | $148.00M | $302.00M |
| Net Income | $2.12B | $1.58B | $1.71B | $1.36B | $1.25B |
| Net Margin % | 18.7% | 14.6% | 17.1% | 15.0% | 15.2% |
| Basic EPS | 12.69 | 9.45 | 10.23 | 8.14 | 7.36 |
| Diluted EPS | 12.47 | 9.23 | 9.93 | 7.93 | 7.17 |
| Basic Shares Outstanding | 166.6M | 166.8M | 167.0M | 167.5M | 169.2M |
| Diluted Shares Outstanding | 169.0M | 170.8M | 172.1M | 171.9M | 173.6M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $2.10B | $1.71B | $1.32B | $1.87B |
| Accounts Receivable | $1.95B | $1.71B | $1.52B | $1.39B |
| Inventory | $766.00M | $827.00M | $1.05B | $788.00M |
| Other Current Assets | $429.00M | $357.00M | $383.00M | $259.00M |
| Total Current Assets | $6.48B | $5.72B | $5.25B | $5.41B |
| Property Plant & Equipment | $1.02B | - | - | - |
| Goodwill | $3.53B | $3.40B | $3.31B | $2.56B |
| Intangible Assets | $1.25B | $1.25B | $1.34B | $1.10B |
| Long-term Investments | $135.00M | $143.00M | $147.00M | $209.00M |
| Other Non-current Assets | $375.00M | $274.00M | $310.00M | $558.00M |
| Total Assets | $14.60B | $13.34B | $12.81B | $12.19B |
| Accounts Payable | $1.02B | $881.00M | $1.06B | $851.00M |
| Short-term Debt | $322.00M | $1.31B | $1.00M | - |
| Accrued Liabilities | $1.64B | $1.50B | $1.64B | $1.56B |
| Deferred Revenue | $2.07B | $2.04B | $1.86B | $1.65B |
| Total Current Liabilities | $5.05B | $5.74B | $4.56B | $4.06B |
| Long-term Debt | $5.67B | $4.71B | $6.01B | $5.69B |
| Deferred Tax Liabilities | $87.00M | - | - | - |
| Other Non-current Liabilities | $1.72B | $1.74B | $1.69B | $2.15B |
| Common Stock | $2.00M | $2.00M | $2.00M | $2.00M |
| Retained Earnings | $2.30B | $1.64B | $1.34B | $1.35B |
| Total Stockholders Equity | $1.70B | $724.00M | $116.00M | $-40.00M |
| Total Liabilities & Equity | $14.60B | $13.34B | $12.81B | $12.19B |
| 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) |
|---|---|---|---|---|---|
| Net Income | $2.55B | $1.58B | $1.71B | $1.36B | $1.25B |
| Depreciation & Amortization | $616.00M | $336.00M | $356.00M | $440.00M | $438.00M |
| Stock-based Compensation | $482.00M | $243.00M | $212.00M | $172.00M | $129.00M |
| Deferred Income Tax | $69.00M | $-215.00M | $-32.00M | $-334.00M | $34.00M |
| Change in Inventory | $212.00M | $-62.00M | $-200.00M | $242.00M | $284.00M |
| Operating Cash Flow | $3.94B | $2.39B | $2.04B | $1.82B | $1.84B |
| Capital Expenditure | $237.00M | $257.00M | $253.00M | $256.00M | $243.00M |
| Investing Cash Flow | $-6.09B | $-507.00M | $-414.00M | $-1.39B | $-742.00M |
| Debt Repayment | $574.00M | $1.91B | $1.00M | $285.00M | $353.00M |
| Stock Issued | - | $75.00M | $104.00M | $156.00M | $102.00M |
| Stock Repurchased | $1.64B | $244.00M | $804.00M | $836.00M | $528.00M |
| Dividends Paid | $710.00M | $654.00M | $589.00M | $530.00M | $482.00M |
| Financing Cash Flow | $2.08B | $-1.45B | $-1.29B | $-906.00M | $-429.00M |
| Net Change in Cash | $56.00M | $397.00M | $380.00M | $-549.00M | $620.00M |
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.