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$12.76B
Revenue
$1.11B
Net Income
-
Gross Margin
11.35%
Op. Margin
-
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 16 annual reports available (2010 - 2025)
Breakdown TTM
(Feb 22, 2026)
FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
+ Total Revenue $12.76B $12.08B $11.39B $10.49B $9.63B $7.20B
Revenue Growth % 5.7% 6.0% 8.6% 8.9% 33.8% nan%
Cost of Revenue - $11.20B $5.37B $5.06B $4.52B $3.42B
+ Gross Profit - $873.10M $6.02B $5.43B $5.11B $3.78B
Gross Margin % nan% 7.2% 52.9% 51.7% 53.0% 52.5%
Operating Expenses $11.31B $10.71B $10.08B $9.29B $8.47B $6.55B
+ Operating Income $1.45B $1.36B $1.31B $1.20B $1.16B $648.70M
Operating Margin % 11.4% 11.3% 11.5% 11.5% 12.1% 9.0%
Other Income/Expense - - - - - $-8.70M
Income Before Tax $1.26B $1.19B $1.18B $1.12B $1.09B $576.50M
Income Tax Expense $149.60M $136.20M $145.00M $137.00M $138.80M $-55.90M
+ Net Income $1.11B $1.05B $1.03B $981.90M $952.80M $629.30M
Net Margin % 8.7% 8.7% 9.0% 9.4% 9.9% 8.7%
Basic EPS 9.52 8.93 8.57 8.06 7.46 4.83
Diluted EPS 9.44 8.86 8.51 7.99 7.39 4.77
Basic Shares Outstanding 115.0M 117.5M 119.9M 121.9M 127.8M 130.4M
Diluted Shares Outstanding 115.8M 118.4M 120.8M 122.9M 129.0M 131.8M
Breakdown FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
Cash & Cash Equivalents $240.00M $194.80M $367.80M $420.60M $1.21B
Accounts Receivable $93.80M $79.10M $80.20M $72.00M $68.20M
Inventory $311.60M $290.50M $287.90M $270.60M $190.80M
Other Current Assets $156.70M $136.70M $154.50M $141.40M $60.20M
Total Current Assets $937.70M $822.80M $997.70M $1.18B $1.87B
Goodwill $1.66B $1.39B $1.04B $1.04B $1.04B
Other Non-current Assets $371.60M $347.60M $301.10M $291.60M $295.70M
Total Assets $12.59B $11.32B $10.24B $10.14B $10.66B
Accounts Payable $439.60M $399.50M $426.20M $366.90M $304.50M
Short-term Debt - $86.80M - - -
Deferred Revenue - - - - $474.20M
Other Current Liabilities $913.30M $847.20M $752.50M $704.50M $795.80M
Total Current Liabilities $2.25B $2.19B $1.94B $1.85B $1.85B
Long-term Debt $2.13B $1.37B $884.90M $901.00M $929.80M
Deferred Tax Liabilities $278.80M $232.00M $142.20M $201.10M $221.60M
Other Non-current Liabilities $1.80B $1.58B $1.41B $1.23B $754.80M
Total Liabilities $10.28B $9.08B $8.04B $7.94B $7.84B
Common Stock $2.30B $2.25B $2.23B $2.23B $2.29B
Retained Earnings $-16.10M $-35.50M $-32.50M $-25.90M $522.30M
Total Stockholders Equity $2.31B $2.24B $2.20B $2.20B $2.81B
Total Liabilities & Equity $12.59B $11.32B $10.24B $10.14B $10.66B
Breakdown TTM
(Feb 22, 2026)
FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
Net Income $1.60B $1.05B $1.03B $981.90M $952.80M $629.30M
Depreciation & Amortization $822.80M $516.10M $459.90M $387.80M $368.40M $350.90M
Stock-based Compensation $155.00M $79.10M $68.50M $67.50M $60.50M $72.40M
Change in Working Capital $319.90M $-11.50M $-95.40M $-175.70M $96.70M $25.90M
Change in Receivables $16.90M $13.20M $-9.30M $8.20M $3.90M $18.40M
Change in Inventory $63.00M $20.50M $-5.60M $17.30M $79.80M $-16.10M
Change in Payables $49.50M $26.60M $-11.30M $40.90M $43.20M $48.90M
Capital Expenditure $1.26B $644.60M $601.20M $564.90M $376.90M $254.90M
Acquisitions - $613.70M $701.10M - - -
Investing Cash Flow $-1.23B $-1.28B $-1.32B $-568.40M $-389.00M $-263.70M
Debt Repayment - - $600.00M - - -
Stock Issued $56.40M $55.60M $43.60M $35.40M $40.20M $46.20M
Stock Repurchased $1.18B $418.20M $453.90M $458.70M $1.07B $45.40M
Dividends Paid $1.21B $658.50M $628.40M $589.80M $563.00M $202.60M
Financing Cash Flow $-1.55B $-385.80M $-483.40M $-1.03B $-1.61B $-478.90M
Net Change in Cash $-35.10M $34.40M $-196.10M $-55.90M $-742.60M $451.40M
SEC Filing Format - Data shown as it appears in the Q3 2026 (10-Q) filing Period ended: Feb 22, 2026
Condensed Consolidated Statements of Operations
Description Feb 22, 2026 Feb 22, 2026
Current Prior Year Current YTD Prior Year YTD
Total Revenue $3.35B $3.16B $9.49B $8.80B
Gross Profit $703.60M $673.00M $1.86B $1.76B
Operating Expenses $2.94B $2.74B $8.43B $7.83B
Operating Income $406.40M $418.20M $1.07B $979.50M
Interest Expense - - $130.30M $114.50M
Income Before Tax $356.80M $372.70M $923.00M $850.70M
Income Tax Expense $46.20M $49.00M $117.10M $103.70M
Net Income $306.80M $323.40M $801.80M $745.80M
Basic EPS 2.67 2.76 6.91 6.34
Diluted EPS 2.65 2.74 6.87 6.29
Basic Shares Outstanding $115.00M $117.20M $115.90M $117.70M
Diluted Shares Outstanding $115.80M $118.00M $116.70M $118.50M
Condensed Consolidated Balance Sheets
Description Feb 22, 2026 May 25, 2025
Cash & Cash Equivalents $240.40M $240.00M
Accounts Receivable $107.70M $93.80M
Inventory $345.30M $311.60M
Other Current Assets $136.50M $156.70M
Total Current Assets $1.01B $937.70M
Goodwill $1.66B $1.66B
Other Non-current Assets $412.50M $371.60M
Total Assets $12.89B $12.59B
Accounts Payable $451.40M $439.60M
Short-term Debt $290.00M -
Other Current Liabilities $927.40M $913.30M
Total Current Liabilities $2.61B $2.25B
Long-term Debt $2.14B $2.13B
Deferred Tax Liabilities $354.20M $278.80M
Other Non-current Liabilities $1.93B $1.80B
Total Liabilities $10.78B $10.28B
Common Stock $2.30B $2.30B
Retained Earnings $-217.40M $-16.10M
Total Stockholders Equity $2.10B $2.31B
Total Liabilities & Equity $12.89B $12.59B
Condensed Consolidated Statements of Cash Flows
Description Feb 22, 2026 Feb 22, 2026
Current Prior Year Current YTD Prior Year YTD
Net Income $306.80M $323.40M $801.80M $745.80M
Depreciation & Amortization $141.80M $131.90M $414.80M $381.10M
Stock-based Compensation - - $66.50M $64.50M
Change in Working Capital - - $30.20M $-50.00M
Change in Receivables - - $-300.00K $-15.00M
Change in Inventory - - $33.70M $32.10M
Change in Payables - - $-500.00K $7.20M
Capital Expenditure - - $540.90M $472.60M
Acquisitions - - - $613.70M
Investing Cash Flow - - $-523.10M $-1.10B
Stock Issued - - $18.20M $38.90M
Stock Repurchased - - $534.40M $367.20M
Dividends Paid - - $521.50M $494.60M
Financing Cash Flow - - $-761.50M $-123.90M
Net Change in Cash - - $-6.00M $18.60M

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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