$14.34B
Revenue
$4.50B
Net Income
85.35%
Gross Margin
24.95%
Op. Margin
$6.64B
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 | $14.34B | $14.34B | $14.20B | $13.12B | $12.17B | $16.07B |
| Revenue Growth % | 0.0% | 1.0% | 8.3% | 7.8% | -24.3% | nan% |
| Cost of Revenue | $2.10B | $2.10B | $1.97B | $1.82B | $1.56B | $2.44B |
| Gross Profit | $12.24B | $12.24B | $12.23B | $11.30B | $10.61B | $13.63B |
| Gross Margin % | 85.4% | 85.4% | 86.1% | 86.2% | 87.2% | 84.8% |
| Operating Expenses | $10.77B | $10.77B | $10.21B | $9.07B | $7.43B | $7.12B |
| Research & Development | $5.85B | $5.85B | $5.13B | $4.44B | $3.59B | $2.91B |
| Selling General & Admin | $2.70B | $2.70B | $2.95B | $2.63B | $2.12B | $1.82B |
| Operating Income | $3.58B | $3.58B | $3.99B | $4.05B | $4.74B | $8.95B |
| Operating Margin % | 24.9% | 24.9% | 28.1% | 30.9% | 38.9% | 55.7% |
| Interest Expense | $41.60M | $41.60M | $52.60M | $73.00M | $59.40M | $57.30M |
| Other Income/Expense | $1.70B | $1.70B | $844.40M | $225.20M | $179.30M | $436.30M |
| Income Before Tax | $5.23B | $5.23B | $4.78B | $4.20B | $4.86B | $9.33B |
| Income Tax Expense | $725.80M | $725.80M | $367.30M | $245.70M | $520.40M | $1.25B |
| Net Income | $4.50B | $4.50B | $4.41B | $3.95B | $4.34B | $8.08B |
| Net Margin % | 31.4% | 31.4% | 31.1% | 30.1% | 35.6% | 50.2% |
| Basic EPS | nan | 43.07 | 40.90 | 37.05 | 40.51 | 76.40 |
| Diluted EPS | nan | 41.48 | 38.34 | 34.77 | 38.22 | 71.97 |
| Basic Shares Outstanding | -500K | 104.6M | 107.9M | 106.7M | 107.1M | 105.7M |
| Diluted Shares Outstanding | -300K | 108.6M | 115.1M | 113.7M | 113.5M | 112.2M |
| 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 | $3.12B | $2.49B | $2.73B | $3.11B | $2.89B |
| Short-term Investments | $5.49B | $6.52B | $8.11B | $4.64B | $2.81B |
| Accounts Receivable | $5.74B | $6.21B | $5.67B | $5.33B | $6.04B |
| Inventory | $3.20B | $3.09B | $2.58B | $2.40B | $1.95B |
| Other Current Assets | $474.80M | $349.20M | $386.60M | $411.20M | $332.40M |
| Total Current Assets | $18.02B | $18.66B | $19.48B | $15.88B | $14.01B |
| Intangible Assets | $1.26B | $1.15B | $1.04B | $915.50M | $6.70M |
| Long-term Investments | $10.26B | $8.90B | $5.40B | $6.59B | $6.84B |
| Other Non-current Assets | $1.82B | $1.14B | $444.10M | $336.40M | $222.80M |
| Total Assets | $40.56B | $37.76B | $33.08B | $29.21B | $25.43B |
| Accounts Payable | $939.00M | $789.50M | $606.60M | $589.20M | $564.00M |
| Deferred Revenue | $553.00M | $627.70M | $458.90M | $477.90M | $442.00M |
| Total Current Liabilities | $4.37B | $3.94B | $3.42B | $3.14B | $3.93B |
| Long-term Debt | $1.99B | $1.98B | $1.98B | $1.98B | $1.98B |
| Other Non-current Liabilities | $2.02B | $1.57B | $854.10M | $638.00M | $680.20M |
| Total Liabilities | $9.30B | $8.41B | $7.11B | $6.55B | $6.67B |
| Retained Earnings | $35.80B | $31.67B | $27.26B | $23.31B | $18.97B |
| Treasury Stock | - | - | - | - | $8.26B |
| Total Stockholders Equity | $31.26B | $29.35B | $25.97B | $22.66B | $18.77B |
| Total Liabilities & Equity | $40.56B | $37.76B | $33.08B | $29.21B | $25.43B |
| 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 | $4.50B | $4.50B | $4.41B | $3.95B | $4.34B | $8.08B |
| Depreciation & Amortization | $932.60M | $543.70M | $482.90M | $421.00M | $341.40M | $286.20M |
| Stock-based Compensation | $1.76B | $993.70M | $982.80M | $885.00M | $725.00M | $601.70M |
| Deferred Income Tax | - | $-785.40M | $-757.30M | $-837.80M | - | - |
| Change in Receivables | $-1.79B | $-498.10M | $554.00M | $338.80M | $-707.80M | $1.93B |
| Change in Inventory | $622.40M | $275.30M | $619.70M | $271.70M | $696.50M | $494.30M |
| Operating Cash Flow | $8.21B | $4.98B | $4.42B | $4.59B | $5.01B | $7.08B |
| Capital Expenditure | $1.58B | $898.40M | $755.90M | $718.60M | $590.10M | $551.90M |
| Acquisitions | - | $3.30M | $16.50M | $54.90M | $230.30M | - |
| Purchases of Investments | $18.89B | $10.96B | $16.62B | $11.65B | $7.49B | $7.05B |
| Investing Cash Flow | $-428.10M | $-629.10M | $-2.47B | $-3.19B | $-3.78B | $-5.38B |
| Stock Issued | $788.60M | $635.90M | $1.47B | $1.15B | $1.52B | $1.67B |
| Stock Repurchased | $6.58B | $3.44B | $2.60B | $2.23B | $2.08B | $1.65B |
| Dividends Paid | $650.50M | $370.30M | - | - | - | - |
| Financing Cash Flow | $-7.02B | $-3.72B | $-2.20B | $-1.79B | $-1.01B | $-1.01B |
| Net Change in Cash | $765.30M | $634.70M | $-248.80M | $-381.60M | $221.30M | $690.80M |
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 | $3.75B | - | $10.46B | - |
| Operating Expenses | $2.73B | - | $7.76B | - |
| Research & Development | $1.48B | - | $4.22B | - |
| Selling General & Admin | $657.80M | - | $1.93B | - |
| Operating Income | $1.03B | - | $2.70B | - |
| Interest Expense | $19.30M | - | $31.60M | - |
| Other Income/Expense | $755.80M | - | $1.52B | - |
| Income Before Tax | $1.76B | - | $4.19B | - |
| Income Tax Expense | $303.30M | - | $526.70M | - |
| Net Income | $1.46B | $1.43B | $3.66B | - |
| Basic EPS | 14.09 | - | 34.83 | - |
| Diluted EPS | 13.62 | - | 33.61 | - |
| Basic Shares Outstanding | $103.60M | - | $105.10M | - |
| Diluted Shares Outstanding | $107.20M | - | $108.90M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.51B | $2.49B |
| Short-term Investments | $5.94B | $6.52B |
| Accounts Receivable | $5.69B | $6.21B |
| Inventory | $3.25B | $3.09B |
| Other Current Assets | $595.60M | $349.20M |
| Total Current Assets | $17.98B | $18.66B |
| Intangible Assets | $1.38B | $1.15B |
| Long-term Investments | $10.29B | $8.90B |
| Other Non-current Assets | $1.67B | $1.14B |
| Total Assets | $40.17B | $37.76B |
| Accounts Payable | $903.80M | $789.50M |
| Deferred Revenue | $545.60M | $627.70M |
| Total Current Liabilities | $4.43B | $3.94B |
| Long-term Debt | $1.99B | $1.98B |
| Other Non-current Liabilities | $1.86B | $1.57B |
| Total Liabilities | $9.21B | $8.41B |
| Retained Earnings | $35.05B | $31.67B |
| Total Stockholders Equity | $30.96B | $29.35B |
| Total Liabilities & Equity | $40.17B | $37.76B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.46B | $1.43B | $3.66B | - |
| Depreciation & Amortization | - | - | $398.70M | - |
| Stock-based Compensation | - | - | $744.40M | - |
| Change in Receivables | - | - | $-549.30M | - |
| Change in Inventory | - | - | $277.40M | - |
| Operating Cash Flow | - | - | $3.81B | - |
| Capital Expenditure | - | - | $649.70M | - |
| Acquisitions | - | - | $3.00M | - |
| Purchases of Investments | - | - | $8.91B | - |
| Investing Cash Flow | - | - | $-849.40M | - |
| Stock Issued | - | - | $132.40M | - |
| Stock Repurchased | - | - | $2.77B | - |
| Dividends Paid | - | - | $277.60M | - |
| Financing Cash Flow | - | - | $-2.94B | - |
| Net Change in Cash | - | - | $24.10M | - |
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.