$4.18B
Revenue
$653.80M
Net Income
40.48%
Gross Margin
20.53%
Op. Margin
$1.23B
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 | $4.18B | $4.18B | $4.08B | $4.10B | $4.12B | $3.76B |
| Revenue Growth % | 0.0% | 2.3% | -0.5% | -0.4% | 9.5% | nan% |
| Cost of Revenue | $2.49B | $2.49B | $2.48B | $2.59B | $2.76B | $2.45B |
| Gross Profit | $1.69B | $1.69B | $1.60B | $1.52B | $1.36B | $1.32B |
| Gross Margin % | 40.5% | 40.5% | 39.2% | 37.0% | 33.1% | 35.0% |
| Research & Development | $95.90M | $95.90M | $93.60M | $99.80M | $92.20M | $85.90M |
| Selling General & Admin | $736.90M | $736.90M | $701.40M | $680.20M | $677.10M | $596.40M |
| Operating Income | $857.50M | $857.50M | $803.80M | $739.20M | $595.30M | $636.90M |
| Operating Margin % | 20.5% | 20.5% | 19.7% | 18.0% | 14.4% | 16.9% |
| Interest Expense | - | $79.80M | $145.60M | $146.40M | $57.00M | $29.90M |
| Other Income/Expense | $-5.30M | $-5.30M | $3.70M | $-2.00M | $16.90M | $1.00M |
| Income Before Tax | $756.50M | $756.50M | $718.90M | $618.90M | $550.60M | $626.80M |
| Income Tax Expense | $107.00M | $107.00M | $93.30M | $-4.00M | $67.40M | $70.80M |
| Net Income | $653.80M | $653.80M | $625.40M | $622.70M | $480.90M | $553.00M |
| Net Margin % | 15.7% | 15.7% | 15.3% | 15.2% | 11.7% | 14.7% |
| Basic EPS | 3.99 | 3.99 | 3.78 | 3.77 | 2.92 | 3.34 |
| Diluted EPS | 3.97 | 3.96 | 3.74 | 3.75 | 2.90 | 3.30 |
| Basic Shares Outstanding | - | 164.1M | 165.6M | 165.1M | 164.8M | 165.8M |
| Diluted Shares Outstanding | - | 165.5M | 167.1M | 166.3M | 165.6M | 167.5M |
| 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) |
|---|---|---|---|---|---|
| Inventory | $632.60M | $610.90M | $677.70M | $790.00M | $562.90M |
| Other Current Assets | $134.40M | $141.30M | $159.30M | $128.10M | $112.30M |
| Total Current Assets | $1.54B | $1.44B | $1.57B | $1.56B | $1.30B |
| Property Plant & Equipment | $376.80M | $358.80M | $362.00M | $344.50M | $310.00M |
| Goodwill | $3.54B | $3.29B | $3.27B | $3.25B | $2.50B |
| Intangible Assets | $1.07B | $1.03B | $1.04B | $1.09B | $428.00M |
| Total Assets | $6.87B | $6.45B | $6.56B | $6.45B | $4.75B |
| Accounts Payable | $301.50M | $272.80M | $278.90M | $355.00M | $385.70M |
| Deferred Revenue | $37.40M | $33.80M | - | - | - |
| Other Current Liabilities | $537.70M | $496.80M | $545.30M | $602.10M | $525.90M |
| Total Current Liabilities | $959.30M | $895.10M | $949.60M | $1.06B | $1.05B |
| Long-term Debt | $1.64B | $1.64B | $1.99B | $2.32B | $894.10M |
| Deferred Tax Liabilities | $47.50M | $44.40M | $40.00M | $43.30M | $89.80M |
| Other Non-current Liabilities | $295.40M | $243.80M | $294.70M | $244.90M | $202.90M |
| Total Liabilities | $3.00B | $2.88B | $3.35B | $3.74B | $2.33B |
| Retained Earnings | $2.82B | $2.34B | $1.87B | $1.39B | $1.05B |
| Total Stockholders Equity | $3.87B | $3.56B | $3.22B | $2.71B | $2.42B |
| Total Liabilities & Equity | $6.87B | $6.45B | $6.56B | $6.45B | $4.75B |
| 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 | $808.70M | $653.80M | $625.40M | $622.70M | $480.90M | $553.00M |
| Stock-based Compensation | $49.60M | $37.00M | $39.70M | $29.10M | $24.90M | $29.80M |
| Deferred Income Tax | - | $-4.30M | $-11.40M | $-92.50M | - | - |
| Change in Receivables | $321.30M | $93.10M | $11.20M | $24.40M | $-30.40M | $142.00M |
| Change in Inventory | $50.30M | $36.90M | $-53.60M | $-109.60M | $187.00M | $121.40M |
| Change in Payables | $83.70M | $20.50M | $-3.70M | $-75.10M | $-56.90M | $114.20M |
| Operating Cash Flow | $1.34B | $814.80M | $766.70M | $619.20M | $363.30M | $613.20M |
| Capital Expenditure | $113.30M | $68.80M | $74.40M | $76.00M | $85.20M | $60.20M |
| Acquisitions | - | $292.10M | $108.00M | $600.00K | $1.58B | $338.50M |
| Purchases of Investments | - | $18.00M | - | - | - | - |
| Investing Cash Flow | $-466.70M | $-404.50M | $-187.60M | $-85.40M | $-1.58B | $-390.70M |
| Debt Repayment | $519.30M | $269.30M | $362.50M | $12.50M | $88.30M | $103.80M |
| Stock Repurchased | $400.00M | $225.00M | $150.00M | - | $50.00M | $150.00M |
| Dividends Paid | $287.90M | $164.30M | $152.30M | $145.20M | $138.60M | $133.00M |
| Financing Cash Flow | $-784.80M | $-402.50M | $-636.70M | $-468.10M | $1.23B | $-222.20M |
| Net Change in Cash | $29.10M | $-17.10M | $-51.60M | $61.40M | $14.40M | $12.40M |
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 | $1.02B | - | $3.16B | - |
| Cost of Revenue | $603.40M | - | $1.88B | - |
| Gross Profit | $418.60M | - | $1.28B | - |
| Research & Development | $24.70M | - | $73.40M | - |
| Selling General & Admin | $162.20M | - | $552.60M | - |
| Operating Income | $231.70M | - | $652.50M | - |
| Other Income/Expense | $-600.00K | - | $-2.10M | - |
| Income Before Tax | $216.70M | - | $572.10M | - |
| Income Tax Expense | $32.40M | - | $84.40M | - |
| Net Income | $184.30M | $186.10M | $487.70M | - |
| Basic EPS | 1.13 | - | 2.97 | - |
| Diluted EPS | 1.12 | - | 2.94 | - |
| Basic Shares Outstanding | $163.80M | - | $164.40M | - |
| Diluted Shares Outstanding | $165.10M | - | $165.70M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $128.40M | $118.70M |
| Inventory | $639.70M | $610.90M |
| Other Current Assets | $155.40M | $141.30M |
| Total Current Assets | $1.45B | $1.44B |
| Property Plant & Equipment | $367.10M | $358.80M |
| Goodwill | $3.53B | $3.29B |
| Intangible Assets | $1.09B | $1.03B |
| Other Non-current Assets | $4.95B | $4.65B |
| Total Assets | $6.76B | $6.45B |
| Accounts Payable | $308.80M | $272.80M |
| Other Current Liabilities | $567.50M | $496.80M |
| Total Current Liabilities | $988.20M | $895.10M |
| Long-term Debt | $1.58B | $1.64B |
| Deferred Tax Liabilities | $41.30M | $44.40M |
| Other Non-current Liabilities | $311.10M | $243.80M |
| Total Liabilities | $2.98B | $2.88B |
| Retained Earnings | $2.70B | $2.34B |
| Total Stockholders Equity | $3.78B | $3.56B |
| Total Liabilities & Equity | $6.76B | $6.45B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $184.30M | $186.10M | $487.70M | - |
| Stock-based Compensation | $6.10M | - | $27.30M | - |
| Change in Receivables | - | - | $-56.70M | - |
| Change in Inventory | - | - | $45.70M | - |
| Change in Payables | - | - | $31.20M | - |
| Operating Cash Flow | - | - | $764.00M | - |
| Capital Expenditure | - | - | $45.10M | - |
| Acquisitions | - | - | $292.20M | - |
| Purchases of Investments | - | - | $18.00M | - |
| Investing Cash Flow | - | - | $-354.30M | - |
| Debt Repayment | - | - | $269.30M | - |
| Stock Repurchased | - | - | $175.00M | - |
| Dividends Paid | - | - | $123.30M | - |
| Financing Cash Flow | - | - | $-370.80M | - |
| Net Change in Cash | - | - | $9.70M | - |
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.