$4.30B
Revenue
$1.06B
Net Income
61.80%
Gross Margin
31.60%
Op. Margin
$1.62B
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 | $4.30B | $4.30B | $3.90B | $3.66B | $3.37B | $3.22B |
| Revenue Growth % | 0.0% | 10.4% | 6.5% | 8.7% | 4.7% | nan% |
| Cost of Revenue | $1.64B | $1.64B | $1.52B | $1.47B | $1.36B | $1.33B |
| Gross Profit | $2.66B | $2.66B | $2.38B | $2.19B | $2.00B | $1.89B |
| Gross Margin % | 61.8% | 61.8% | 61.0% | 59.8% | 59.5% | 58.8% |
| Operating Expenses | $1.30B | $1.30B | $1.25B | $1.09B | $1.11B | - |
| Research & Development | $251.21M | $251.21M | $219.79M | $190.95M | $254.82M | $161.01M |
| Operating Income | $1.36B | $1.36B | $1.13B | $1.10B | $898.76M | $932.03M |
| Operating Margin % | 31.6% | 31.6% | 29.0% | 30.0% | 26.7% | 29.0% |
| Interest Expense | $37.70M | $37.70M | $33.80M | $41.58M | $39.86M | $29.81M |
| Income Before Tax | $1.32B | $1.32B | $1.11B | $1.06B | $859.97M | $902.65M |
| Income Tax Expense | $264.73M | $264.73M | $221.96M | $216.13M | $180.88M | $157.81M |
| Net Income | $1.06B | $1.06B | $887.87M | $845.04M | $679.09M | $744.85M |
| Net Margin % | 24.6% | 24.6% | 22.8% | 23.1% | 20.2% | 23.2% |
| Basic EPS | nan | 13.17 | 10.77 | 10.17 | 8.12 | 8.74 |
| Diluted EPS | nan | 13.08 | 10.67 | 10.06 | 8.03 | 8.60 |
| Basic Shares Outstanding | -178K | 80.4M | 82.5M | 83.1M | 83.6M | 85.2M |
| Diluted Shares Outstanding | -182K | 81.0M | 83.2M | 84.0M | 84.6M | 86.6M |
| 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 | $180.07M | $288.27M | $453.93M | $112.55M | $144.45M |
| Accounts Receivable | $552.38M | $473.57M | $457.44M | $400.62M | $368.35M |
| Inventory | $377.76M | $381.88M | $380.28M | $367.82M | $269.03M |
| Other Current Assets | $303.62M | $256.18M | $203.59M | $220.49M | $173.82M |
| Total Current Assets | $1.41B | $1.40B | $1.50B | $1.10B | $955.65M |
| Property Plant & Equipment | $747.38M | $713.12M | $702.18M | $649.47M | $587.67M |
| Goodwill | $414.00M | $405.10M | $365.96M | $361.80M | $359.35M |
| Intangible Assets | $109.84M | $111.68M | $84.50M | $97.67M | $99.03M |
| Other Non-current Assets | $542.48M | $547.52M | $496.53M | $417.73M | $330.40M |
| Total Assets | $3.35B | $3.29B | $3.26B | $2.75B | $2.44B |
| Accounts Payable | $110.41M | $114.21M | $110.64M | $110.22M | $116.14M |
| Accrued Liabilities | $530.15M | $502.12M | $478.71M | $433.66M | $458.91M |
| Deferred Revenue | $35.26M | $33.80M | $37.20M | $37.94M | $40.03M |
| Total Current Liabilities | $1.15B | $1.07B | $951.55M | $1.24B | $763.58M |
| Long-term Debt | $450.00M | $449.79M | $622.88M | $694.39M | $775.21M |
| Deferred Tax Liabilities | $31.86M | $11.31M | $7.24M | $8.15M | $8.94M |
| Other Non-current Liabilities | $56.53M | $44.34M | $65.53M | $67.59M | $70.94M |
| Total Liabilities | $1.75B | $1.70B | $1.78B | $2.14B | $1.75B |
| Common Stock | $10.84M | $10.78M | $10.75M | $10.72M | $10.69M |
| Retained Earnings | $6.39B | $5.33B | $4.44B | $3.60B | $2.92B |
| Treasury Stock | - | - | - | - | $3.57B |
| Total Stockholders Equity | $1.61B | $1.60B | $1.48B | $608.74M | $689.99M |
| Total Liabilities & Equity | $3.35B | $3.29B | $3.26B | $2.75B | $2.44B |
| 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 | $1.06B | $1.06B | $887.87M | $845.04M | $679.09M | $744.85M |
| Depreciation & Amortization | $249.08M | $145.18M | $129.94M | $114.91M | $111.90M | $104.60M |
| Stock-based Compensation | $104.10M | $60.01M | $60.30M | $59.74M | $49.77M | $37.76M |
| Deferred Income Tax | - | $131.20M | $-24.19M | $-48.31M | - | - |
| Change in Receivables | $188.85M | $68.72M | $28.28M | $53.87M | $41.40M | $33.14M |
| Change in Inventory | $2.71M | $789.00K | $28.00M | $28.65M | $121.73M | $52.92M |
| Change in Payables | $-28.81M | $-8.57M | $8.09M | $-557.00K | $3.47M | - |
| Operating Cash Flow | $1.84B | $1.18B | $929.00M | $906.51M | $542.98M | $755.55M |
| Capital Expenditure | $218.83M | $124.68M | $120.92M | $133.63M | $148.84M | $119.55M |
| Acquisitions | - | - | $76.69M | - | $11.51M | $173.42M |
| Investing Cash Flow | $-229.09M | $-136.24M | $-207.06M | $-125.25M | $-195.35M | $-292.97M |
| Stock Repurchased | $2.36B | $1.22B | $837.03M | $71.92M | $819.71M | $746.78M |
| Financing Cash Flow | $-1.99B | $-1.16B | $-878.07M | $-442.00M | $-370.94M | $-697.41M |
| Net Change in Cash | $-356.16M | $-108.20M | $-165.67M | $341.39M | $-31.91M | $-239.47M |
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 | $1.11B | - | $3.21B | - |
| Cost of Revenue | $421.88M | - | $1.21B | - |
| Gross Profit | $683.35M | - | $2.00B | - |
| Operating Expenses | $328.51M | - | $957.04M | - |
| Research & Development | $63.41M | - | $184.37M | - |
| Operating Income | $354.85M | - | $1.04B | - |
| Interest Expense | $10.65M | - | $29.64M | - |
| Income Before Tax | $344.77M | - | $1.02B | - |
| Income Tax Expense | $70.16M | - | $205.93M | - |
| Net Income | $274.61M | $203.30M | $811.28M | - |
| Basic EPS | 3.43 | - | 10.06 | - |
| Diluted EPS | 3.40 | - | 9.99 | - |
| Basic Shares Outstanding | $80.10M | - | $80.61M | - |
| Diluted Shares Outstanding | $80.67M | - | $81.21M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $208.17M | $288.27M |
| Accounts Receivable | $566.88M | $473.57M |
| Inventory | $391.56M | $381.88M |
| Other Current Assets | $310.44M | $256.18M |
| Total Current Assets | $1.48B | $1.40B |
| Property Plant & Equipment | $739.44M | $713.12M |
| Goodwill | $413.65M | $405.10M |
| Intangible Assets | $114.79M | $111.68M |
| Other Non-current Assets | $513.57M | $547.52M |
| Total Assets | $3.39B | $3.29B |
| Accounts Payable | $122.27M | $114.21M |
| Accrued Liabilities | $488.86M | $502.12M |
| Deferred Revenue | $35.69M | $33.80M |
| Total Current Liabilities | $1.25B | $1.07B |
| Long-term Debt | $374.82M | $449.79M |
| Deferred Tax Liabilities | $3.72M | $11.31M |
| Other Non-current Liabilities | $57.62M | $44.34M |
| Total Liabilities | $1.83B | $1.70B |
| Common Stock | $10.83M | $10.78M |
| Retained Earnings | $6.14B | $5.33B |
| Total Stockholders Equity | $1.56B | $1.60B |
| Total Liabilities & Equity | $3.39B | $3.29B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $274.61M | $203.30M | $811.28M | - |
| Depreciation & Amortization | - | - | $106.46M | - |
| Stock-based Compensation | - | - | $43.90M | - |
| Change in Receivables | - | - | $82.59M | - |
| Change in Inventory | - | - | $2.20M | - |
| Change in Payables | - | - | $-4.98M | - |
| Operating Cash Flow | - | - | $826.04M | - |
| Capital Expenditure | - | - | $95.24M | - |
| Acquisitions | - | - | - | - |
| Investing Cash Flow | - | - | $-108.11M | - |
| Stock Repurchased | - | - | $979.19M | - |
| Financing Cash Flow | - | - | $-809.26M | - |
| Net Change in Cash | - | - | $-80.10M | - |
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.