$1.66B
Revenue
$825.70M
Net Income
88.15%
Gross Margin
67.67%
Op. Margin
$1.83B
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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
FY 2009 (Dec 31, 2009) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.66B | $1.66B | $1.56B | $1.49B | $1.42B | $1.33B | $1.27B | $1.23B | $1.21B | $1.17B | $1.14B | $1.06B | $1.01B | $965.09M | $873.59M | $771.98M | $680.58M | $1.03B |
| Revenue Growth % | 0.0% | 6.4% | 4.3% | 4.8% | 7.3% | 4.9% | 2.7% | 1.4% | 4.3% | 2.0% | 7.8% | 4.9% | 4.7% | 10.5% | 13.2% | 13.4% | -34.0% | nan% |
| Cost of Revenue | $196.30M | $196.30M | $191.40M | $197.30M | $200.70M | $191.93M | $180.18M | $180.47M | $192.13M | $193.33M | $198.24M | $192.79M | $188.43M | $187.01M | $167.60M | $165.25M | $156.68M | $245.90M |
| Gross Profit | $1.46B | $1.46B | $1.37B | $1.30B | $1.22B | $1.14B | $1.08B | $1.05B | $1.02B | $971.77M | $943.92M | $866.58M | $821.69M | $778.07M | $705.99M | $606.73M | $523.90M | $784.72M |
| Gross Margin % | 88.2% | 88.2% | 87.7% | 86.8% | 85.9% | 85.5% | 85.8% | 85.3% | 84.2% | 83.4% | 82.6% | 81.8% | 81.3% | 80.6% | 80.8% | 78.6% | 77.0% | 76.1% |
| Operating Expenses | $535.60M | $535.60M | $499.20M | $492.50M | $481.80M | $460.77M | $440.85M | $425.53M | $447.58M | $457.37M | $455.60M | $453.42M | $445.69M | $436.86M | $416.26M | $442.59M | $448.30M | $716.89M |
| Research & Development | $103.60M | $103.60M | $96.70M | $91.00M | $85.70M | $80.53M | $74.67M | $60.80M | $57.88M | $52.34M | $59.10M | $63.72M | $67.78M | $70.30M | $61.69M | $53.28M | $53.66M | $83.56M |
| Selling General & Admin | $235.70M | $235.70M | $211.10M | $204.20M | $195.40M | $188.40M | $186.00M | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $1.12B | $1.12B | $1.06B | $1.00B | $943.10M | $866.80M | $824.20M | $806.13M | $767.39M | $707.72M | $686.57M | $605.95M | $564.43M | $528.23M | $457.33M | $329.39M | $232.28M | $313.73M |
| Operating Margin % | 67.7% | 67.7% | 67.9% | 67.0% | 66.2% | 65.3% | 65.2% | 65.5% | 63.2% | 60.7% | 60.1% | 57.2% | 55.9% | 54.7% | 52.4% | 42.7% | 34.1% | 30.4% |
| Interest Expense | $77.00M | $77.00M | $75.30M | $75.30M | $75.30M | $83.25M | $90.14M | $90.61M | $114.84M | $136.34M | $115.56M | $107.63M | $85.99M | $74.76M | $50.20M | $147.33M | $157.67M | $47.35M |
| Other Income/Expense | - | $-2.00M | $1.60M | $5.10M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Income Before Tax | $1.07B | $1.07B | $1.02B | $976.50M | $880.20M | $782.22M | $750.24M | $758.78M | $729.52M | $599.01M | $581.17M | $487.65M | $483.31M | $456.77M | $412.69M | $193.59M | $95.35M | $281.29M |
| Income Tax Expense | $242.80M | $242.80M | $236.20M | $158.90M | $206.40M | $-2.61M | $-64.64M | $146.48M | $147.03M | $141.76M | $140.53M | $112.41M | $128.05M | $-87.68M | $100.21M | $55.03M | $25.32M | $80.11M |
| Net Income | $825.70M | $825.70M | $785.70M | $817.60M | $673.80M | $784.83M | $814.89M | $612.30M | $582.49M | $457.25M | $440.64M | $375.24M | $355.26M | $544.45M | $320.03M | $142.89M | $830.97M | $245.55M |
| Net Margin % | 49.8% | 49.8% | 50.4% | 54.8% | 47.3% | 59.1% | 64.4% | 49.7% | 47.9% | 39.2% | 38.6% | 35.4% | 35.2% | 56.4% | 36.6% | 18.5% | 122.1% | 23.8% |
| Basic EPS | nan | nan | nan | nan | 6.24 | 7.01 | 7.08 | 5.17 | 5.13 | 4.56 | 4.12 | 3.29 | 2.80 | 3.77 | 2.04 | 0.87 | 4.68 | 1.28 |
| Diluted EPS | nan | nan | nan | nan | 6.24 | 7.00 | 7.07 | 5.15 | 4.75 | 3.68 | 3.42 | 2.82 | 2.52 | 3.49 | 1.95 | 0.86 | 4.64 | 1.28 |
| Basic Shares Outstanding | - | 93.5M | 98.1M | 103.4M | 107.9M | 112.0M | 115.1M | 118.5M | 113.5M | 100.3M | 107.0M | 114.2M | 126.7M | 144.6M | 157.0M | 165.4M | 177.5M | 191.8M |
| Diluted Shares Outstanding | - | 93.8M | 98.2M | 103.5M | 108.0M | 112.2M | 115.3M | 119.0M | 122.7M | 124.2M | 128.8M | 133.0M | 140.9M | 155.8M | 163.9M | 166.9M | 179.0M | 192.6M |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
FY 2009 (Dec 31, 2009) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $307.90M | $206.70M | $240.10M | $373.60M | $223.49M | $401.19M | $508.20M | $357.42M | $465.85M | $231.94M | $228.66M | $191.61M | $339.22M | $130.74M | $1.31B | $1.56B | $1.48B |
| Short-term Investments | $272.60M | $393.20M | $686.30M | $606.80M | $982.32M | $765.71M | $709.86M | $912.25M | $1.95B | $1.57B | $1.69B | $1.23B | $1.38B | $1.43B | $32.86M | $501.24M | $185.00K |
| Accounts Receivable | $7.70M | $5.60M | - | - | - | - | - | - | - | $13.05M | $12.64M | $13.45M | $13.63M | $11.48M | $14.97M | $14.87M | $63.13M |
| Other Current Assets | $72.00M | $63.90M | $61.90M | $58.30M | $62.93M | $51.03M | $60.53M | $47.37M | $31.40M | $31.38M | $39.86M | $52.48M | $64.54M | $30.80M | $21.85M | $102.22M | $167.72M |
| Total Current Assets | $652.50M | $663.80M | $988.30M | $1.04B | $1.27B | $1.22B | $1.28B | $1.32B | $2.45B | $1.84B | $1.97B | $1.49B | $1.80B | $1.64B | $1.45B | $2.18B | $1.71B |
| Property Plant & Equipment | $213.70M | $224.50M | $233.20M | $232.00M | $251.22M | $245.57M | $250.28M | $253.91M | $263.51M | $266.12M | $295.57M | $319.03M | $339.65M | $333.86M | $327.14M | $190.32M | $403.82M |
| Goodwill | $52.50M | $52.50M | $52.50M | $52.50M | $52.53M | $52.53M | $52.53M | $52.53M | $52.53M | $52.53M | $52.53M | $52.53M | $52.53M | - | - | $52.53M | $289.98M |
| Intangible Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.62M | $22.42M |
| Other Non-current Assets | $28.80M | $39.40M | $29.00M | $30.60M | $35.56M | $37.96M | $39.81M | $41.05M | $18.60M | $19.19M | $24.36M | $25.74M | $27.75M | $25.32M | $24.66M | $20.58M | $44.87M |
| Total Assets | $1.33B | $1.41B | $1.75B | $1.73B | $1.98B | $1.77B | $1.85B | $1.91B | $2.94B | $2.33B | $2.36B | $2.15B | $2.66B | $2.06B | $1.86B | $2.44B | $2.47B |
| Deferred Revenue | $1.04B | $973.50M | $931.10M | $890.40M | $847.41M | $780.05M | $755.18M | $732.38M | $713.31M | $688.26M | $680.48M | $621.31M | $595.22M | $564.63M | $502.54M | $457.48M | $642.51M |
| Other Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.63M |
| Total Current Liabilities | $1.33B | $1.53B | $1.19B | $1.12B | $1.07B | $988.69M | $965.17M | $947.59M | $1.56B | $1.52B | $1.50B | $1.92B | $2.03B | $695.02M | $658.92M | $652.71M | $886.47M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | $100.00M | $100.00M | - | - |
| Other Non-current Liabilities | $9.40M | $10.10M | $36.30M | $62.10M | $78.63M | $95.49M | $312.68M | $281.49M | $128.20M | $117.17M | $114.80M | $98.72M | $44.52M | $44.30M | $43.72M | $17.98M | $161.69M |
| Total Liabilities | $3.48B | $3.36B | $3.33B | $3.30B | $3.24B | $3.16B | $3.34B | $3.30B | $4.20B | $3.54B | $3.43B | $3.04B | $3.08B | $2.07B | $1.94B | $1.77B | $1.87B |
| Common Stock | $9.62B | $10.65B | $11.81B | $12.64B | $13.62B | $14.28B | $353.00K | $352.00K | $325.00K | $324.00K | $323.00K | $322.00K | $320.00K | $319.00K | $317.00K | $313.00K | $308.00K |
| Retained Earnings | $-11.78B | $-12.60B | $-13.39B | $-14.20B | $-14.88B | $-15.66B | $-16.48B | $-17.09B | $-17.69B | $-18.18B | $-18.63B | $-19.00B | $-19.36B | $-19.90B | $-20.22B | $-20.36B | $-21.19B |
| Total Stockholders Equity | $-2.15B | $-1.96B | $-1.58B | $-1.56B | $-1.26B | $-1.39B | $-1.49B | $-1.39B | $-1.26B | $-1.20B | $-1.07B | $-883.47M | $-423.56M | $-9.32M | $-88.11M | $676.43M | $549.74M |
| Total Liabilities & Equity | $1.33B | $1.41B | $1.75B | $1.73B | $1.98B | $1.77B | $1.85B | $1.91B | $2.94B | $2.33B | $2.36B | $2.15B | $2.66B | $2.06B | $1.86B | $2.44B | $2.47B |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
FY 2009 (Dec 31, 2009) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $825.70M | $825.70M | $785.70M | $817.60M | $673.80M | $784.83M | $814.89M | $612.30M | $582.49M | $457.25M | $440.64M | $375.24M | $355.26M | $544.45M | $320.03M | $142.89M | $830.97M | $245.55M |
| Depreciation & Amortization | $31.20M | $31.20M | $36.90M | $44.10M | $46.90M | $47.94M | $46.35M | $46.33M | $48.37M | $49.88M | $58.17M | $61.49M | $63.69M | $60.66M | $54.82M | $55.71M | $67.66M | $86.27M |
| Stock-based Compensation | $87.20M | $69.70M | $61.10M | $59.70M | $58.60M | $53.44M | $48.24M | $50.63M | $52.50M | $52.91M | $50.04M | $46.08M | $43.98M | $36.65M | $33.36M | $43.27M | $52.18M | $51.17M |
| Deferred Income Tax | - | $47.30M | $13.70M | $-52.60M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Change in Receivables | - | - | - | - | - | - | - | - | - | - | $871.00K | $-661.00K | $73.00K | $2.50M | $-3.33M | $251.00K | $-13.15M | $-25.80M |
| Operating Cash Flow | $1.88B | $1.09B | $902.60M | $853.80M | $831.10M | $807.15M | $730.18M | $753.89M | $697.77M | $702.76M | $667.95M | $651.48M | $600.95M | $579.40M | $537.63M | $335.90M | $215.21M | $395.19M |
| Capital Expenditure | $42.20M | $22.80M | $28.10M | $45.80M | $27.40M | $53.03M | $43.40M | $40.32M | $37.01M | $49.50M | $26.57M | $40.66M | $39.33M | $65.59M | $53.02M | $192.66M | $80.53M | $116.88M |
| Purchases of Investments | $886.00M | $572.20M | $880.70M | $1.33B | $1.34B | $2.87B | $2.36B | $2.03B | $2.98B | $4.93B | $3.69B | $3.22B | $3.28B | $3.45B | $2.62B | $78.97M | $787.72M | $1.15M |
| Investing Cash Flow | $531.30M | $109.10M | $286.30M | $-97.40M | $355.70M | $-269.25M | $-72.26M | $167.19M | $1.07B | $-405.08M | $-40.40M | $-496.90M | $112.69M | $-11.06M | $-1.44B | $273.24M | $603.09M | $484.45M |
| Debt Repayment | - | $500.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Stock Repurchased | $881.60M | $881.60M | $1.23B | $901.40M | $1.05B | $722.59M | $777.45M | $782.58M | $638.15M | $621.17M | $662.49M | $643.17M | $883.40M | $1.04B | $325.68M | $550.10M | $449.75M | $260.57M |
| Dividends Paid | - | $215.20M | - | - | - | - | - | - | - | - | - | - | - | - | - | $463.50M | $518.22M | - |
| Financing Cash Flow | $-1.83B | $-1.10B | $-1.22B | $-889.80M | $-1.04B | $-719.13M | $-764.88M | $-770.30M | $-1.88B | $-65.07M | $-623.76M | $-117.78M | $-859.75M | $-357.33M | $-277.75M | $-852.20M | $-745.27M | $-197.99M |
| Net Change in Cash | $573.60M | $97.40M | $-33.40M | $-133.50M | $150.20M | $-181.78M | $-107.00M | $150.85M | $-108.39M | $233.56M | $953.00K | $37.05M | $-147.62M | $208.49M | $-1.18B | $-246.28M | $82.46M | $688.10M |
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 | $419.10M | $390.60M | $1.23B | $1.16B |
| Cost of Revenue | $48.80M | $46.80M | $147.30M | $143.00M |
| Operating Expenses | $134.80M | $121.30M | $395.10M | $367.60M |
| Research & Development | $25.40M | $23.20M | $77.10M | $71.80M |
| Selling General & Admin | $60.60M | $51.30M | $170.70M | $152.80M |
| Operating Income | $284.30M | $269.30M | $836.20M | $794.40M |
| Interest Expense | $18.90M | $18.90M | $58.10M | $56.50M |
| Income Before Tax | $271.70M | $260.90M | $797.40M | $773.80M |
| Income Tax Expense | $58.90M | $59.60M | $177.90M | $179.60M |
| Net Income | $212.80M | $201.30M | $619.50M | $594.20M |
| Basic Shares Outstanding | $93.30M | $97.30M | $93.90M | $99.00M |
| Diluted Shares Outstanding | $93.60M | $97.30M | $94.10M | $99.10M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $235.40M | $206.70M |
| Short-term Investments | $382.30M | $393.20M |
| Other Current Assets | $70.70M | $63.90M |
| Total Current Assets | $688.40M | $663.80M |
| Property Plant & Equipment | $218.60M | $224.50M |
| Goodwill | $52.50M | $52.50M |
| Other Non-current Assets | $31.90M | $39.40M |
| Total Assets | $1.40B | $1.41B |
| Deferred Revenue | $1.04B | $973.50M |
| Total Current Liabilities | $1.31B | $1.53B |
| Other Non-current Liabilities | $11.30M | $10.10M |
| Total Liabilities | $3.45B | $3.36B |
| Common Stock | $9.93B | $10.65B |
| Retained Earnings | $-11.98B | $-12.60B |
| Total Stockholders Equity | $-2.05B | $-1.96B |
| Total Liabilities & Equity | $1.40B | $1.41B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $212.80M | $201.30M | $619.50M | $594.20M |
| Depreciation & Amortization | $7.30M | $9.00M | $24.50M | $28.10M |
| Stock-based Compensation | $18.40M | $15.80M | $51.80M | $45.20M |
| Operating Cash Flow | - | - | $801.50M | $671.10M |
| Capital Expenditure | - | - | $18.30M | $18.60M |
| Purchases of Investments | - | - | $393.60M | $684.00M |
| Investing Cash Flow | - | - | $600.00K | $307.00M |
| Stock Repurchased | $218.70M | - | $627.20M | $963.30M |
| Dividends Paid | $72.00M | - | $144.10M | - |
| Financing Cash Flow | - | - | $-777.30M | $-951.00M |
| Net Change in Cash | - | - | $24.90M | $27.20M |
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.