$3.59B
Revenue
$424.00M
Net Income
69.07%
Gross Margin
16.50%
Op. Margin
$599.50M
Free Cash Flow
| Breakdown | TTM (Jan 02, 2026) |
FY 2026 (Jan 02, 2026) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $3.59B | $3.59B | $3.68B | $3.80B | $3.68B | $3.66B |
| Revenue Growth % | 0.0% | -2.6% | -3.0% | 3.3% | 0.5% | nan% |
| Cost of Revenue | $1.11B | $1.11B | $1.29B | $1.47B | $1.57B | $1.62B |
| Gross Profit | $2.48B | $2.48B | $2.40B | $2.33B | $2.11B | $2.03B |
| Gross Margin % | 69.1% | 69.1% | 65.1% | 61.4% | 57.3% | 55.6% |
| Operating Expenses | $1.89B | $1.89B | $1.94B | $1.88B | $1.59B | $1.47B |
| Research & Development | $630.70M | $630.70M | $662.30M | $664.30M | $542.10M | $536.60M |
| Operating Income | $592.00M | $592.00M | $460.70M | $448.80M | $510.90M | $561.00M |
| Operating Margin % | 16.5% | 16.5% | 12.5% | 11.8% | 13.9% | 15.3% |
| Interest Expense | $81.50M | $81.50M | $140.40M | $133.70M | $73.10M | $61.80M |
| Other Income/Expense | $-8.80M | $-11.00M | $-3.90M | $31.90M | $-800.00K | $41.30M |
| Income Before Tax | $509.40M | $509.40M | $2.01B | $357.00M | $569.10M | $574.60M |
| Income Tax Expense | $85.40M | $85.40M | $501.50M | $45.70M | $119.40M | $81.80M |
| Net Income | $424.00M | $424.00M | $1.50B | $311.30M | $449.70M | $492.70M |
| Net Margin % | 11.8% | 11.8% | 40.8% | 8.2% | 12.2% | 13.5% |
| Basic EPS | 1.77 | 1.77 | 6.13 | 1.26 | 1.81 | 1.96 |
| Diluted EPS | 1.76 | 1.76 | 6.09 | 1.25 | 1.80 | 1.94 |
| Basic Shares Outstanding | - | 239.2M | 245.5M | 247.9M | 248.6M | 251.4M |
| Diluted Shares Outstanding | - | 241.5M | 247.2M | 249.1M | 250.2M | 254.3M |
| Breakdown | FY 2026 (Jan 02, 2026) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $253.40M | $738.80M | $229.80M | $271.00M | $325.70M |
| Accounts Receivable | $856.00M | $725.80M | $706.60M | $643.30M | $624.80M |
| Inventory | $186.30M | $194.30M | $235.70M | $402.50M | $363.30M |
| Other Current Assets | $233.50M | $196.20M | $147.80M | $201.40M | $136.80M |
| Total Current Assets | $1.63B | $2.27B | $1.83B | $1.52B | $1.45B |
| Property Plant & Equipment | $182.80M | $188.40M | $202.50M | $219.00M | $233.20M |
| Goodwill | $5.24B | $4.99B | $5.35B | $4.14B | $3.98B |
| Intangible Assets | $924.10M | $998.10M | $1.24B | $498.10M | $506.60M |
| Other Non-current Assets | $462.70M | $264.10M | $375.50M | $336.20M | $284.70M |
| Total Assets | $9.31B | $9.49B | $9.54B | $7.27B | $7.10B |
| Accounts Payable | $168.30M | $161.60M | $165.30M | $175.50M | $207.30M |
| Short-term Debt | - | - | $530.40M | - | - |
| Deferred Revenue | $894.00M | $800.40M | $663.10M | $639.10M | $548.80M |
| Other Current Liabilities | $211.70M | $211.20M | $201.30M | $188.10M | $201.50M |
| Total Current Liabilities | $1.50B | $1.79B | $1.83B | $1.46B | $1.19B |
| Long-term Debt | $1.39B | $1.39B | $2.54B | $1.22B | $1.29B |
| Deferred Tax Liabilities | $190.50M | $199.90M | $287.80M | $157.80M | $263.10M |
| Other Non-current Liabilities | $285.00M | $145.50M | $165.70M | $134.40M | $151.10M |
| Total Liabilities | $3.48B | $3.74B | $5.04B | $3.22B | $3.15B |
| Common Stock | $200.00K | $200.00K | $200.00K | $200.00K | $300.00K |
| Retained Earnings | $3.39B | $3.76B | $2.44B | $2.23B | $2.17B |
| Total Stockholders Equity | $5.84B | $5.75B | $4.50B | $4.05B | $3.94B |
| Total Liabilities & Equity | $9.31B | $9.49B | $9.54B | $7.27B | $7.10B |
| Breakdown | TTM (Jan 02, 2026) |
FY 2026 (Jan 02, 2026) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $490.70M | $424.00M | $1.50B | $311.30M | $449.70M | $492.70M |
| Depreciation & Amortization | $347.60M | $199.90M | $232.00M | $250.60M | $171.80M | - |
| Stock-based Compensation | $261.20M | $146.50M | $158.60M | $145.40M | $120.40M | $122.60M |
| Deferred Income Tax | $-43.90M | $2.30M | $27.00M | $-104.60M | $-40.00M | $-26.90M |
| Change in Receivables | $-288.90M | $119.90M | $135.10M | $36.40M | $55.40M | $9.00M |
| Change in Inventory | $-20.90M | $-4.90M | $-11.00M | $-67.60M | $113.50M | $72.90M |
| Change in Payables | $-19.30M | $-5.40M | $5.70M | $-12.40M | $-24.80M | $60.30M |
| Operating Cash Flow | $643.90M | $386.20M | $531.40M | $597.10M | $391.20M | $750.50M |
| Capital Expenditure | $44.40M | $25.30M | $33.60M | $42.00M | $43.20M | $46.10M |
| Acquisitions | - | $4.40M | $22.00M | $2.09B | $373.50M | $236.10M |
| Investing Cash Flow | $-78.70M | $-37.00M | $1.86B | $-2.07B | $-226.30M | $-203.50M |
| Debt Repayment | $919.20M | $577.20M | $2.20B | $2.29B | $590.20M | $449.90M |
| Stock Issued | $-6.20M | $600.00K | $-6.50M | $6.70M | $-13.60M | $-15.10M |
| Stock Repurchased | $2.17B | $863.40M | $175.00M | $100.00M | $394.70M | $180.00M |
| Financing Cash Flow | $-2.06B | $-868.40M | $-1.86B | $1.43B | $-199.00M | $-447.70M |
| Net Change in Cash | $-1.43B | $-494.40M | $508.90M | $-32.10M | $-54.70M | $88.00M |
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 | $901.20M | $875.80M | $2.62B | $2.70B |
| Cost of Revenue | $280.10M | $300.20M | $837.70M | $984.80M |
| Gross Profit | $621.10M | $575.60M | $1.78B | $1.72B |
| Operating Expenses | $470.60M | $459.20M | $1.40B | $1.43B |
| Research & Development | $152.90M | $155.60M | $474.70M | $487.30M |
| Operating Income | $150.50M | $116.40M | $375.80M | $287.20M |
| Interest Expense | $20.70M | $14.10M | $55.70M | $77.40M |
| Other Income/Expense | $-3.60M | $-6.00M | $-2.30M | $-6.00M |
| Income Before Tax | $125.10M | $73.10M | $324.80M | $1.91B |
| Income Tax Expense | $13.60M | $32.50M | $57.40M | $493.90M |
| Net Income | $111.50M | $40.60M | $267.40M | $1.41B |
| Basic EPS | 0.47 | 0.17 | 1.11 | 5.76 |
| Diluted EPS | 0.46 | 0.16 | 1.10 | 5.73 |
| Basic Shares Outstanding | $238.20M | $245.60M | $239.90M | $245.40M |
| Diluted Shares Outstanding | $240.40M | $246.90M | $242.00M | $246.90M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $232.70M | $738.80M |
| Accounts Receivable | $542.80M | $725.80M |
| Inventory | $174.70M | $194.30M |
| Other Current Assets | $200.60M | $196.20M |
| Total Current Assets | $1.26B | $2.27B |
| Property Plant & Equipment | $185.80M | $188.40M |
| Goodwill | $5.24B | $4.99B |
| Intangible Assets | $967.40M | $998.10M |
| Other Non-current Assets | $461.00M | $387.60M |
| Total Assets | $9.02B | $9.49B |
| Accounts Payable | $158.70M | $161.60M |
| Deferred Revenue | $738.80M | $800.40M |
| Other Current Liabilities | $178.20M | $211.20M |
| Total Current Liabilities | $1.25B | $1.79B |
| Long-term Debt | $1.39B | $1.39B |
| Deferred Tax Liabilities | $192.90M | $199.90M |
| Other Non-current Liabilities | $288.50M | $268.90M |
| Total Liabilities | $3.23B | $3.74B |
| Common Stock | $200.00K | $200.00K |
| Retained Earnings | $3.36B | $3.76B |
| Total Stockholders Equity | $5.79B | $5.75B |
| Total Liabilities & Equity | $9.02B | $9.49B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $111.50M | $40.60M | $267.40M | $1.41B |
| Depreciation & Amortization | - | - | $149.30M | $179.20M |
| Stock-based Compensation | - | - | $111.10M | $110.30M |
| Deferred Income Tax | - | - | $-24.30M | $31.20M |
| Change in Receivables | - | - | $-195.00M | $-103.90M |
| Change in Inventory | - | - | $-17.30M | $-17.00M |
| Change in Payables | - | - | $-13.60M | $18.00M |
| Operating Cash Flow | - | - | $225.90M | $416.30M |
| Capital Expenditure | - | - | $19.70M | $27.50M |
| Acquisitions | - | - | $4.40M | $22.00M |
| Investing Cash Flow | - | - | $-36.10M | $1.86B |
| Debt Repayment | - | - | $577.20M | $1.80B |
| Stock Issued | - | - | $1.10M | $-6.00M |
| Stock Repurchased | - | - | $727.40M | $175.00M |
| Financing Cash Flow | - | - | $-729.30M | $-1.46B |
| Net Change in Cash | - | - | $-515.10M | $815.10M |
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.