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$3.78B
Revenue
$392.79M
Net Income
-
Gross Margin
13.26%
Op. Margin
$413.87M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 16 annual reports available (2010 - 2025)
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 $3.78B $3.78B $3.58B $3.49B $3.32B $3.23B
Revenue Growth % 0.0% 5.4% 2.7% 5.0% 2.9% nan%
Cost of Revenue - $2.37B $2.23B $2.22B - -
+ Gross Profit - $1.40B $1.36B $1.26B - -
Gross Margin % nan% 37.2% 37.8% 36.2% nan% nan%
Operating Expenses $3.28B $3.28B $3.09B $3.08B $2.94B $2.88B
Research & Development - $105.10M $96.10M $92.80M - -
+ Operating Income $501.04M $501.04M $496.50M $404.02M $379.27M $347.35M
Operating Margin % 13.3% 13.3% 13.9% 11.6% 11.4% 10.8%
Interest Expense $49.97M $49.97M $43.52M $40.42M $40.83M $30.28M
Interest Income $11.68M $11.68M $12.10M $4.37M $2.70M $3.67M
Other Income/Expense $-2.03M $-2.03M $3.27M $3.21M $-4.80M $-3.09M
Income Before Tax $491.38M $491.38M $469.76M $374.82M $334.70M $321.65M
Income Tax Expense $98.88M $98.88M $95.59M $90.65M $95.15M $78.02M
+ Net Income $392.79M $392.79M $374.54M $284.49M $239.29M $244.10M
Net Margin % 10.4% 10.4% 10.5% 8.2% 7.2% 7.6%
Basic EPS 5.97 5.97 5.65 4.34 3.66 3.72
Diluted EPS 5.90 5.89 5.53 4.25 3.59 3.61
Basic Shares Outstanding - 65.7M 66.3M 65.6M - -
Diluted Shares Outstanding - 66.7M 67.7M 66.9M - -
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 $402.42M $223.84M $223.64M $141.73M $122.92M
Short-term Investments $7.11M $2.34M - - $740.00K
Inventory $537.85M $461.81M $513.05M $486.81M $441.46M
Other Current Assets $142.35M $132.34M $134.76M $124.77M $121.73M
Total Current Assets $1.89B $1.48B $1.55B $1.43B $1.36B
Property Plant & Equipment $1.68B $1.45B $1.48B - -
Goodwill $1.08B $936.26M $963.42M $945.63M $974.16M
Intangible Assets $255.34M $254.77M $283.21M $315.74M $362.34M
Long-term Investments $131.03M $146.27M $49.20M $52.31M $59.48M
Other Non-current Assets $1.68B $1.51B $1.42B $1.43B $1.51B
Total Assets $5.25B $4.43B $4.45B $4.20B $4.14B
Short-term Debt $183.95M $176.03M $81.79M $3.81M $147.28M
Deferred Revenue $74.83M $64.42M - - -
Total Current Liabilities $1.17B $1.07B $1.25B $917.18M $982.49M
Long-term Debt $1.14B $688.07M $681.19M $1.05B $907.02M
Deferred Tax Liabilities $19.65M $14.26M $19.02M $20.56M $27.55M
Common Stock $728.00K $725.00K $717.00K $709.00K $704.00K
Retained Earnings $2.64B $2.37B $2.11B $1.93B $1.79B
Treasury Stock - - - - $421.20M
Total Stockholders Equity $2.67B $2.47B $2.31B $2.05B $1.97B
Total Liabilities & Equity $5.25B $4.43B $4.45B $4.20B $4.14B
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 $471.59M $392.79M $374.54M $284.49M $239.29M $244.10M
Depreciation & Amortization - $287.36M $263.78M $248.59M $233.71M $234.85M
Stock-based Compensation $90.34M $43.94M $47.65M $41.29M $40.94M $38.87M
Deferred Income Tax $-34.87M $-11.69M $-21.41M $-19.88M $-12.11M $-14.36M
Change in Receivables - - - - - $123.25M
Change in Inventory $32.64M $10.65M $-21.90M $10.64M $60.35M $79.96M
Operating Cash Flow $861.44M $570.00M $643.41M $575.24M $478.62M $363.44M
Capital Expenditure $447.57M $270.42M $276.48M $312.34M $310.43M $307.94M
Acquisitions - $60.20M - $16.57M $4.10M $148.42M
Purchases of Investments - - - - - $6.87M
Investing Cash Flow $-514.13M $-331.43M $-396.72M $-324.46M $-295.64M $-457.24M
Debt Repayment $204.06M $166.56M $373.85M $125.81M $265.08M $68.84M
Stock Repurchased $595.00M $365.00M $68.64M $47.55M $92.13M $78.15M
Dividends Paid $210.35M $120.78M $114.06M $103.68M $99.46M $98.51M
Financing Cash Flow $-374.29M $-77.47M $-225.34M $-171.55M $-162.10M $-81.52M
Net Change in Cash $20.38M $180.50M $201.00K $81.41M $19.81M $-182.04M
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 $961.13M $909.29M $2.81B $2.73B
Cost of Revenue $598.05M $558.51M $1.75B $1.71B
Operating Expenses $824.21M $770.99M $2.42B $2.36B
Operating Income $136.92M $138.30M $394.76M $376.39M
Interest Expense $13.53M $12.29M $35.73M $32.53M
Interest Income $2.40M $3.02M $7.09M $9.02M
Other Income/Expense $232.00K $1.14M $226.00K $-518.00K
Income Before Tax $154.13M $131.13M $399.86M $353.69M
Income Tax Expense $26.30M $31.21M $81.63M $80.38M
Net Income $127.93M $100.04M $318.44M $273.60M
Basic EPS 1.95 1.51 4.83 4.13
Diluted EPS 1.92 1.48 4.75 4.05
Basic Shares Outstanding $65.71M $66.44M $65.99M $66.27M
Diluted Shares Outstanding $66.63M $67.72M $67.04M $67.57M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $257.06M $223.84M
Short-term Investments $7.76M $2.34M
Inventory $547.30M $461.81M
Other Current Assets $172.47M $132.34M
Total Current Assets $1.78B $1.48B
Goodwill $1.07B $936.26M
Intangible Assets $260.37M $254.77M
Long-term Investments $130.35M $146.27M
Other Non-current Assets $1.68B $1.51B
Total Assets $5.10B $4.43B
Short-term Debt $367.75M $176.03M
Total Current Liabilities $1.50B $1.07B
Long-term Debt $546.02M $688.07M
Deferred Tax Liabilities $20.48M $14.26M
Common Stock $728.00K $725.00K
Retained Earnings $2.60B $2.37B
Total Stockholders Equity $2.77B $2.47B
Total Liabilities & Equity $5.10B $4.43B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $127.93M $100.04M $318.44M $273.60M
Stock-based Compensation - - $36.77M $37.96M
Deferred Income Tax - - $-31.85M $-11.65M
Change in Inventory - - $22.78M $-22.65M
Operating Cash Flow - - $386.31M $465.17M
Capital Expenditure - - $183.60M $210.42M
Acquisitions - - $28.22M -
Investing Cash Flow - - $-215.12M $-225.66M
Debt Repayment - - $36.49M $372.39M
Stock Repurchased - - $190.00M $31.30M
Dividends Paid - - $89.29M $84.11M
Financing Cash Flow - - $-154.23M $-137.65M
Net Change in Cash - - $33.21M $101.88M

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.

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