$3.31B
Revenue
$276.00M
Net Income
73.30%
Gross Margin
20.64%
Op. Margin
$1.27B
Free Cash Flow
| 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 | $3.31B | $3.31B | $3.19B | $2.90B | $2.51B | $2.15B |
| Revenue Growth % | 0.0% | 4.0% | 9.9% | 15.5% | 16.7% | nan% |
| Cost of Revenue | $885.00M | $885.00M | $931.00M | $872.00M | $738.00M | $609.00M |
| Gross Profit | $2.43B | $2.43B | $2.26B | $2.03B | $1.77B | $1.54B |
| Gross Margin % | 73.3% | 73.3% | 70.8% | 70.0% | 70.6% | 71.7% |
| Research & Development | $251.00M | $252.00M | $262.00M | $228.00M | $218.00M | $190.00M |
| Selling General & Admin | $869.00M | $869.00M | $872.00M | $808.00M | $717.00M | $679.00M |
| Operating Income | $684.00M | $683.00M | $668.00M | $518.00M | $273.00M | $110.00M |
| Operating Margin % | 20.6% | 20.6% | 21.0% | 17.8% | 10.9% | 5.1% |
| Interest Expense | $505.00M | $314.00M | $293.00M | $309.00M | $327.00M | $478.00M |
| Other Income/Expense | $1.00M | $1.00M | $48.00M | $11.00M | $11.00M | $33.00M |
| Income Before Tax | $366.00M | $365.00M | $421.00M | $205.00M | $-163.00M | $-294.00M |
| Income Tax Expense | $90.00M | $89.00M | $85.00M | $25.00M | $13.00M | $-318.00M |
| Net Income | $276.00M | $276.00M | $336.00M | $163.00M | $3.67B | $371.00M |
| Net Margin % | 8.3% | 8.3% | 10.5% | 5.6% | 146.3% | 17.2% |
| Basic EPS | 3.33 | 3.32 | 3.77 | 1.79 | 38.78 | 3.86 |
| Diluted EPS | 3.26 | 3.26 | 3.68 | 1.75 | 38.78 | 3.77 |
| Basic Shares Outstanding | - | 83.0M | 89.0M | 91.0M | 95.0M | 96.0M |
| Diluted Shares Outstanding | - | 85.0M | 91.0M | 93.0M | 95.0M | 98.0M |
| 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 | $167.00M | $196.00M | $425.00M | $914.00M | $585.00M |
| Accounts Receivable | $689.00M | $585.00M | $506.00M | $455.00M | $423.00M |
| Inventory | $169.00M | $158.00M | $177.00M | $161.00M | $98.00M |
| Total Current Assets | $1.28B | $1.18B | $1.31B | $1.69B | $1.73B |
| Property Plant & Equipment | $348.00M | $286.00M | $236.00M | $204.00M | $213.00M |
| Goodwill | $3.37B | $2.89B | $2.94B | $2.92B | $2.89B |
| Intangible Assets | $808.00M | $454.00M | $605.00M | $797.00M | $946.00M |
| Other Non-current Assets | $63.00M | $71.00M | $60.00M | $67.00M | $80.00M |
| Total Assets | $6.46B | $5.42B | $5.55B | $6.01B | $7.88B |
| Accounts Payable | $189.00M | $216.00M | $241.00M | $154.00M | $204.00M |
| Short-term Debt | $53.00M | $23.00M | $22.00M | $24.00M | $44.00M |
| Accrued Liabilities | $535.00M | $447.00M | $404.00M | $380.00M | $444.00M |
| Deferred Revenue | $28.00M | $21.00M | - | - | - |
| Total Current Liabilities | $803.00M | $735.00M | $696.00M | $622.00M | $974.00M |
| Long-term Debt | $5.11B | $3.85B | $3.85B | $3.87B | $8.65B |
| Deferred Tax Liabilities | $11.00M | $12.00M | $20.00M | $87.00M | $35.00M |
| Other Non-current Liabilities | $264.00M | $160.00M | $180.00M | $232.00M | $170.00M |
| Total Liabilities | $6.22B | $4.79B | $4.79B | $4.85B | $9.99B |
| Retained Earnings | $1.29B | $1.02B | $680.00M | $517.00M | $-3.16B |
| Treasury Stock | $2.10B | $1.22B | $751.00M | $580.00M | $175.00M |
| Total Stockholders Equity | $245.00M | $636.00M | $765.00M | $990.00M | $-2.26B |
| Total Liabilities & Equity | $6.46B | $5.42B | $5.55B | $6.01B | $7.88B |
| 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 | $276.00M | $276.00M | $336.00M | $163.00M | $3.67B | $371.00M |
| Depreciation & Amortization | $406.00M | $406.00M | $361.00M | $384.00M | $420.00M | $398.00M |
| Stock-based Compensation | - | $121.00M | $110.00M | $118.00M | - | - |
| Deferred Income Tax | - | $-18.00M | $-82.00M | $-84.00M | - | - |
| Change in Inventory | - | $19.00M | $-2.00M | $29.00M | $65.00M | $-9.00M |
| Change in Payables | - | $40.00M | $59.00M | $65.00M | $-74.00M | $98.00M |
| Operating Cash Flow | $1.27B | $794.00M | $632.00M | $590.00M | $-381.00M | $685.00M |
| Acquisitions | - | $861.00M | $5.00M | $4.00M | $136.00M | $186.00M |
| Investing Cash Flow | $-2.23B | $-1.17B | $-258.00M | $-251.00M | $6.12B | $-442.00M |
| Debt Repayment | - | $530.00M | - | $205.00M | $280.00M | $595.00M |
| Stock Issued | - | - | - | - | - | - |
| Stock Repurchased | $1.32B | $880.00M | $462.00M | $170.00M | $405.00M | - |
| Financing Cash Flow | $810.00M | $321.00M | $-577.00M | $-788.00M | $-5.46B | $-679.00M |
| Net Change in Cash | $-132.00M | $-46.00M | $-209.00M | $-446.00M | $266.00M | $-442.00M |
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 | $841.00M | - | $2.42B | - |
| Cost of Revenue | $217.00M | - | $647.00M | - |
| Research & Development | $62.00M | - | $192.00M | - |
| Selling General & Admin | $219.00M | - | $644.00M | - |
| Operating Income | $229.00M | - | $600.00M | - |
| Interest Expense | - | - | $226.00M | - |
| Other Income/Expense | $-2.00M | - | $1.00M | - |
| Income Before Tax | $139.00M | - | $367.00M | - |
| Income Tax Expense | $25.00M | - | $76.00M | - |
| Net Income | $114.00M | $82.00M | $291.00M | - |
| Basic EPS | 1.37 | - | 3.45 | - |
| Diluted EPS | 1.34 | - | 3.39 | - |
| Basic Shares Outstanding | $84.00M | - | $84.00M | - |
| Diluted Shares Outstanding | $85.00M | - | $86.00M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $236.00M | $196.00M |
| Accounts Receivable | $659.00M | $585.00M |
| Inventory | $175.00M | $158.00M |
| Total Current Assets | $1.32B | $1.18B |
| Property Plant & Equipment | $348.00M | $286.00M |
| Goodwill | $3.36B | $2.89B |
| Intangible Assets | $842.00M | $454.00M |
| Other Non-current Assets | $71.00M | $71.00M |
| Total Assets | $6.51B | $5.42B |
| Accounts Payable | $162.00M | $216.00M |
| Short-term Debt | $49.00M | $23.00M |
| Accrued Liabilities | $374.00M | $447.00M |
| Total Current Liabilities | $621.00M | $735.00M |
| Long-term Debt | $4.89B | $3.85B |
| Deferred Tax Liabilities | $13.00M | $12.00M |
| Other Non-current Liabilities | $227.00M | $160.00M |
| Total Liabilities | $5.79B | $4.79B |
| Retained Earnings | $1.31B | $1.02B |
| Treasury Stock | $1.60B | $1.22B |
| Total Stockholders Equity | $723.00M | $636.00M |
| Total Liabilities & Equity | $6.51B | $5.42B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $114.00M | $82.00M | $291.00M | - |
| Depreciation & Amortization | $108.00M | - | $298.00M | - |
| Change in Working Capital | - | - | $226.00M | - |
| Operating Cash Flow | - | - | $475.00M | - |
| Acquisitions | - | - | $861.00M | - |
| Investing Cash Flow | - | - | $-1.08B | - |
| Stock Repurchased | - | - | $380.00M | - |
| Financing Cash Flow | - | - | $612.00M | - |
| Net Change in Cash | - | - | $17.00M | - |
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.