$2.82B
Revenue
$1.05B
Net Income
75.46%
Gross Margin
47.70%
Op. Margin
$1.89B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $719.58M | $732.33M | $698.98M | $664.25M | $693.70M | $667.60M | $660.48M | $657.86M | $675.02M | $682.54M | $678.50M | $675.52M | $686.09M | $675.58M |
| Revenue Growth % (YoY) | 3.7% | 9.7% | 5.8% | 1.0% | 2.8% | -2.2% | -2.7% | -2.6% | -1.6% | 1.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $536.75M | $62.51M | $53.52M | $38.19M | $499.02M | $32.39M | $27.14M | $23.18M | $497.71M | $31.49M | $39.24M | $44.19M | $57.16M | $65.54M |
| Gross Profit | $182.83M | $669.82M | $645.46M | $626.06M | $194.68M | $635.20M | $633.34M | $634.68M | $177.32M | $651.05M | $639.26M | $631.33M | $628.94M | $610.04M |
| Gross Margin % | 25.4% | 91.5% | 92.3% | 94.3% | 28.1% | 95.1% | 95.9% | 96.5% | 26.3% | 95.4% | 94.2% | 93.5% | 91.7% | 90.3% |
| Operating Expenses | $420.66M | $358.16M | $364.20M | $329.34M | $311.36M | $292.00M | $306.01M | $334.50M | $465.34M | $433.94M | $437.27M | $451.38M | $451.43M | $432.60M |
| Selling General & Admin | $74.36M | $66.01M | $71.02M | $66.22M | $67.59M | $60.09M | $62.38M | $68.70M | $67.52M | $64.82M | $63.38M | $72.21M | $70.61M | $65.84M |
| Operating Income | $298.93M | $374.17M | $334.78M | $334.91M | $382.34M | $375.60M | $354.47M | $323.36M | $209.69M | $248.60M | $241.23M | $224.14M | $234.66M | $242.99M |
| Operating Margin % | 41.5% | 51.1% | 47.9% | 50.4% | 55.1% | 56.3% | 53.7% | 49.2% | 31.1% | 36.4% | 35.6% | 33.2% | 34.2% | 36.0% |
| Interest Expense | $97.27M | $370.13M | $211.94M | $132.22M | $80.41M | $314.70M | $193.19M | $121.14M | $70.79M | $325.80M | $201.42M | $127.09M | $101.36M | $277.22M |
| Interest Income | $7.22M | $5.52M | $8.15M | $10.78M | $20.60M | $7.00M | $7.05M | $7.31M | $5.54M | $5.27M | $4.68M | $2.82M | $3.25M | $2.86M |
| Other Income/Expense | $254.33M | $35.59M | $44.12M | $32.16M | $-124.60M | $23.70M | $-104.86M | $-44.65M | $33.09M | $-48.33M | $40.73M | $37.56M | $8.21M | $-39.76M |
| Income Before Tax | $432.28M | $289.08M | $260.75M | $259.93M | $155.87M | $298.21M | $147.12M | $171.47M | $138.42M | $93.22M | $172.79M | $144.06M | $128.82M | $102.64M |
| Income Tax Expense | $61.85M | $48.65M | $35.06M | $42.02M | $-22.92M | $42.32M | $-12.34M | $16.93M | $28.90M | $7.86M | $-29.18M | $43.51M | $26.25M | $2.88M |
| Net Income | $370.29M | $236.82M | $225.79M | $220.73M | $173.63M | $258.53M | $162.83M | $154.54M | $109.53M | $87.42M | $203.65M | $101.22M | $103.28M | $100.01M |
| Net Margin % | 51.5% | 32.3% | 32.3% | 33.2% | 25.0% | 38.7% | 24.7% | 23.5% | 16.2% | 12.8% | 30.0% | 15.0% | 15.1% | 14.8% |
| Basic EPS | nan | 2.21 | 2.10 | 2.05 | nan | 2.41 | 1.52 | 1.43 | nan | 0.81 | 1.88 | 0.94 | nan | 0.93 |
| Diluted EPS | nan | 2.20 | 2.09 | 2.04 | nan | 2.40 | 1.51 | 1.42 | nan | 0.80 | 1.87 | 0.93 | nan | 0.91 |
| Basic Shares Outstanding | - | 107.3M | 107.5M | 107.7M | - | 107.5M | 107.5M | 108.1M | - | 108.4M | 108.4M | 108.1M | - | 107.9M |
| Diluted Shares Outstanding | - | 107.6M | 107.8M | 108.1M | - | 107.9M | 107.7M | 108.6M | - | 108.9M | 108.9M | 109.3M | - | 109.4M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $264.57M | $430.31M | $275.27M | $636.45M | $189.84M | $186.34M | $220.51M | $240.31M | $208.55M | $190.54M | $179.17M | $152.77M | $143.71M | $201.21M |
| Short-term Investments | $6.65M | - | - | - | $254.53M | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | $171.26M | $158.13M | $139.89M | $129.85M | $145.69M | $111.02M | $88.65M | $126.53M | $182.75M | $158.33M | $160.31M | $183.13M | $184.37M | $116.97M |
| Other Current Assets | $34.70M | $144.06M | $41.08M | $117.01M | $22.76M | $67.15M | $72.56M | $44.34M | $38.59M | $45.55M | $64.91M | $40.21M | $33.15M | $54.80M |
| Total Current Assets | $773.43M | $812.52M | $523.81M | $933.32M | $1.98B | $450.27M | $460.01M | $447.60M | $484.27M | $459.98M | $518.62M | $471.55M | $482.73M | $529.81M |
| Property Plant & Equipment | $3.40B | $3.30B | $3.26B | $2.82B | $2.79B | $2.78B | $2.72B | $2.71B | $2.71B | $2.70B | $2.71B | $2.71B | $2.71B | $2.66B |
| Intangible Assets | $2.88B | $2.73B | $2.58B | $2.40B | $2.39B | $2.49B | $2.31B | $2.40B | $2.46B | $2.52B | $2.63B | $2.69B | $2.78B | $2.70B |
| Long-term Investments | $21.05M | - | - | - | $20.78M | - | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $651.99M | $642.06M | $641.65M | $618.34M | $657.10M | $772.94M | $785.94M | $806.54M | $812.48M | $845.23M | $855.25M | $771.05M | $722.37M | $744.20M |
| Total Assets | $11.58B | $11.26B | $10.77B | $10.44B | $11.42B | $10.20B | $9.79B | $10.00B | $10.18B | $10.33B | $10.60B | $10.54B | $10.59B | $9.95B |
| Accounts Payable | $73.03M | $219.72M | $60.82M | $65.04M | $59.55M | $54.44M | $50.74M | $45.76M | $42.20M | $46.61M | $47.03M | $53.55M | $51.43M | $51.31M |
| Accrued Liabilities | $93.50M | $97.54M | $86.08M | $74.75M | $81.98M | $89.31M | $76.32M | $77.03M | $92.62M | $92.70M | $84.12M | $92.80M | $101.48M | $96.18M |
| Deferred Revenue | $117.31M | $132.34M | $125.37M | $110.37M | $127.31M | $183.98M | $191.32M | $161.13M | $235.67M | $175.80M | $230.07M | $145.40M | $154.55M | $216.93M |
| Other Current Liabilities | $94.01M | $59.43M | $20.68M | $18.81M | $17.93M | $14.11M | $14.17M | $21.05M | $18.66M | $21.49M | $23.24M | $24.51M | $48.76M | $30.07M |
| Total Current Liabilities | $2.68B | $1.61B | $1.43B | $1.34B | $1.80B | $667.84M | $2.46B | $2.41B | $1.36B | $663.15M | $738.39M | $638.78M | $696.76M | $1.34B |
| Long-term Debt | $12.90B | $11.93B | $11.74B | $11.65B | $13.59B | $12.30B | $10.47B | $10.55B | $11.68B | $12.49B | $12.57B | $12.80B | $12.84B | $11.70B |
| Other Non-current Liabilities | $588.24M | $554.22M | $466.34M | $406.21M | $367.94M | $432.16M | $373.70M | $411.39M | $404.16M | $332.22M | $330.84M | $302.72M | $248.07M | $221.02M |
| Common Stock | $1.06M | $1.07M | $1.07M | $1.08M | $1.08M | $1.07M | $1.07M | $1.08M | $1.08M | $1.08M | $1.08M | $1.08M | $1.08M | $1.08M |
| Retained Earnings | $-7.25B | $-7.28B | $-7.25B | $-7.23B | $-7.33B | $-7.39B | $-7.55B | $-7.51B | $-7.45B | $-7.42B | $-7.36B | $-7.47B | $-7.48B | $-7.51B |
| Total Stockholders Equity | $-4.85B | $-4.93B | $-4.94B | $-4.97B | $-5.11B | $-5.17B | $-5.32B | $-5.22B | $-5.17B | $-5.17B | $-5.09B | $-5.27B | $-5.28B | $-5.36B |
| Total Liabilities & Equity | $11.58B | $11.26B | $10.77B | $10.44B | $11.42B | $10.20B | $9.79B | $10.00B | $10.18B | $10.33B | $10.60B | $10.54B | $10.59B | $9.95B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $370.29M | $236.82M | $225.79M | $220.73M | $173.63M | $258.53M | $162.83M | $154.54M | $109.53M | $392.28M | $304.87M | $101.22M | $103.28M | $358.15M |
| Stock-based Compensation | $19.18M | $56.55M | $37.23M | $15.71M | $17.93M | $56.44M | $40.07M | $21.47M | $22.09M | $65.83M | $44.46M | $26.21M | $25.77M | $74.14M |
| Deferred Income Tax | $9.81M | $94.64M | $61.87M | $35.68M | $-30.14M | $17.05M | $-13.13M | $8.28M | $6.09M | $-1.46M | $-258.00K | $36.32M | $17.37M | $15.53M |
| Operating Cash Flow | $304.02M | $987.30M | $669.27M | $301.18M | $310.17M | $1.02B | $720.05M | $294.45M | $432.61M | $1.11B | $798.10M | $311.17M | $288.63M | $997.07M |
| Capital Expenditure | $62.73M | $162.09M | $102.04M | $46.17M | $55.55M | $172.60M | $107.84M | $57.87M | $62.72M | $173.98M | $112.58M | $49.13M | $66.09M | $148.35M |
| Acquisitions | $394.41M | $11.80M | $652.61M | $63.39M | $31.40M | $268.41M | $41.62M | $19.41M | $37.11M | $53.11M | $39.74M | $19.93M | $757.37M | $418.72M |
| Purchases of Investments | $508.31M | $658.00M | $434.31M | $228.38M | $596.05M | $1.20B | $681.21M | $311.84M | $333.88M | $1.01B | $627.31M | $213.37M | $375.20M | $506.58M |
| Investing Cash Flow | $-180.82M | $-421.01M | $-342.70M | $238.27M | $-328.89M | $-480.42M | $-206.52M | $-85.31M | $-106.37M | $-361.88M | $-258.35M | $-146.76M | $-802.34M | $-591.31M |
| Stock Repurchased | $216.27M | $281.53M | $130.70M | - | - | $200.02M | $200.02M | $106.16M | $46.36M | $53.65M | - | - | - | $431.67M |
| Dividends Paid | $118.23M | $360.78M | $241.64M | $122.28M | $105.38M | $318.81M | $213.46M | $108.14M | $91.76M | $278.20M | $186.07M | $93.93M | $76.66M | $230.10M |
| Financing Cash Flow | $-143.36M | $-1.52B | $-1.44B | $-1.28B | $1.18B | $-533.85M | $-467.94M | $-191.41M | $-311.55M | $-705.66M | $-474.89M | $-160.73M | $430.59M | $-566.07M |
| Net Change in Cash | $-28.37M | $-935.26M | $-1.10B | $-736.55M | $1.15B | $546.00K | $32.20M | $13.39M | $18.86M | $42.80M | $66.23M | $3.90M | $-90.59M | $-155.75M |
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 | $732.33M | $667.60M | $2.10B | $1.99B |
| Cost of Revenue | $62.51M | $32.39M | $154.22M | $82.70M |
| Operating Expenses | $358.16M | $292.00M | $1.05B | $932.51M |
| Selling General & Admin | $66.01M | $60.09M | $203.25M | $191.16M |
| Operating Income | $374.17M | $375.60M | $1.04B | $1.05B |
| Interest Expense | - | - | $370.13M | $314.70M |
| Interest Income | $5.52M | $7.00M | $24.45M | $21.36M |
| Other Income/Expense | $35.59M | $23.70M | $111.88M | $-125.81M |
| Income Before Tax | $289.08M | $298.21M | $809.76M | $616.79M |
| Income Tax Expense | $48.65M | $42.32M | $125.73M | $46.91M |
| Net Income | $236.82M | $258.53M | $683.34M | $575.91M |
| Basic EPS | 2.21 | 2.41 | 6.36 | 5.35 |
| Diluted EPS | 2.20 | 2.40 | 6.34 | 5.33 |
| Basic Shares Outstanding | $107.26M | $107.49M | $107.51M | $107.68M |
| Diluted Shares Outstanding | $107.56M | $107.92M | $107.83M | $108.07M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $430.31M | $189.84M |
| Accounts Receivable | $158.13M | $145.69M |
| Other Current Assets | $144.06M | $417.33M |
| Total Current Assets | $812.52M | $1.98B |
| Property Plant & Equipment | $3.30B | $2.79B |
| Intangible Assets | $2.73B | $2.39B |
| Other Non-current Assets | $642.06M | $657.10M |
| Total Assets | $11.26B | $11.42B |
| Accounts Payable | $219.72M | $59.55M |
| Accrued Liabilities | $97.54M | $81.98M |
| Deferred Revenue | $132.34M | $127.31M |
| Other Current Liabilities | $59.43M | $17.93M |
| Total Current Liabilities | $1.61B | $1.80B |
| Long-term Debt | $11.93B | $12.40B |
| Other Non-current Liabilities | $554.22M | $367.94M |
| Common Stock | $1.07M | $1.08M |
| Retained Earnings | $-7.28B | $-7.33B |
| Total Stockholders Equity | $-4.93B | $-5.11B |
| Total Liabilities & Equity | $11.26B | $11.42B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $236.82M | $258.53M | $683.34M | $575.91M |
| Stock-based Compensation | - | - | $56.55M | $56.44M |
| Deferred Income Tax | - | - | $94.64M | $17.05M |
| Operating Cash Flow | - | - | $987.30M | $1.02B |
| Capital Expenditure | - | - | $162.09M | $172.60M |
| Acquisitions | $11.80M | $207.39M | $664.41M | $268.41M |
| Purchases of Investments | - | - | $658.00M | $1.20B |
| Investing Cash Flow | - | - | $-421.01M | $-480.42M |
| Stock Repurchased | - | - | $281.53M | $200.02M |
| Dividends Paid | - | - | $360.78M | $318.81M |
| Financing Cash Flow | - | - | $-1.52B | $-533.85M |
| Net Change in Cash | - | - | $-935.26M | $546.00K |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.