$10.06B
Revenue
$2.86B
Net Income
66.00%
Gross Margin
29.27%
Op. Margin
$3.98B
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $10.06B | $10.06B | $8.35B | $7.12B | $6.22B | $5.71B | $4.36B | $4.48B | $3.72B | $3.14B | $2.71B |
| Revenue Growth % | 0.0% | 20.5% | 17.2% | 14.5% | 9.0% | 31.0% | -2.7% | 20.3% | 18.7% | 16.0% | nan% |
| Cost of Revenue | $3.42B | $3.42B | $2.72B | $2.39B | $2.03B | $1.75B | $1.50B | $1.37B | $1.12B | $934.80M | $814.30M |
| Gross Profit | $6.64B | $6.64B | $5.63B | $4.73B | $4.20B | $3.96B | $2.86B | $3.11B | $2.60B | $2.19B | $1.89B |
| Gross Margin % | 66.0% | 66.0% | 67.5% | 66.4% | 67.4% | 69.3% | 65.6% | 69.4% | 69.9% | 69.9% | 69.8% |
| Operating Expenses | $3.70B | $3.70B | $3.29B | $2.96B | $2.62B | $2.14B | $1.81B | $1.74B | $1.40B | $1.14B | $944.90M |
| Research & Development | $1.31B | $1.31B | $1.15B | $998.80M | $879.00M | $671.00M | $595.10M | $557.30M | $418.10M | $328.60M | $239.60M |
| Selling General & Admin | $2.38B | $2.38B | $2.14B | $1.96B | $1.74B | $1.47B | $1.22B | $1.18B | $986.60M | $810.90M | $705.30M |
| Operating Income | $2.95B | $2.95B | $2.35B | $1.77B | $1.58B | $1.82B | $1.05B | $1.37B | $1.20B | $1.05B | $945.20M |
| Operating Margin % | 29.3% | 29.3% | 28.1% | 24.8% | 25.3% | 31.9% | 24.1% | 30.7% | 32.2% | 33.6% | 34.9% |
| Other Income/Expense | $365.90M | $365.90M | $324.90M | $192.10M | $29.70M | $69.30M | $157.20M | $127.70M | $80.10M | $41.90M | $35.60M |
| Income Before Tax | $3.31B | $3.31B | $2.67B | $1.96B | $1.61B | $1.89B | $1.21B | $1.50B | $1.28B | $1.10B | $980.80M |
| Income Tax Expense | $434.80M | $434.80M | $336.30M | $141.60M | $262.40M | $162.20M | $140.20M | $120.40M | $154.50M | $436.50M | $244.90M |
| Net Income | $2.86B | $2.86B | $2.32B | $1.80B | $1.32B | $1.70B | $1.06B | $1.38B | $1.13B | $660.00M | $735.90M |
| Net Margin % | 28.4% | 28.4% | 27.8% | 25.2% | 21.3% | 29.9% | 24.3% | 30.8% | 30.3% | 21.0% | 27.2% |
| Basic EPS | nan | 8.00 | 6.54 | 5.12 | 3.72 | 4.79 | 9.06 | 11.95 | 9.92 | 5.91 | 19.21 |
| Diluted EPS | nan | 7.87 | 6.42 | 5.03 | 3.65 | 4.66 | 8.82 | 11.54 | 9.49 | 5.67 | 18.73 |
| Basic Shares Outstanding | -600K | 356.9M | 355.2M | 351.2M | 355.7M | 356.1M | 117.0M | 115.4M | 113.7M | 111.7M | 38.3M |
| Diluted Shares Outstanding | -800K | 362.7M | 362.0M | 357.4M | 362.0M | 365.8M | 120.3M | 119.5M | 118.8M | 116.3M | 39.3M |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $3.37B | $2.03B | $2.75B | $1.58B | $1.29B | $1.62B | $1.17B | $857.90M | $648.20M | $1.04B |
| Short-term Investments | $2.57B | $1.99B | $2.47B | $2.54B | $2.91B | $3.49B | $2.05B | $2.21B | $1.31B | $1.52B |
| Accounts Receivable | $1.53B | $1.23B | $1.13B | $942.10M | $782.70M | $645.50M | $645.20M | $682.30M | $511.90M | $430.20M |
| Inventory | $1.84B | $1.49B | $1.22B | $893.20M | $587.10M | $601.50M | $595.50M | $409.00M | $241.20M | $182.30M |
| Other Current Assets | $477.30M | $385.10M | $314.00M | $299.80M | $271.10M | $267.50M | $200.20M | $178.80M | $97.20M | $83.30M |
| Total Current Assets | $9.78B | $7.11B | $7.89B | $6.25B | $5.84B | $6.63B | $4.66B | $4.33B | $2.81B | $3.25B |
| Property Plant & Equipment | $5.34B | $4.65B | $3.54B | $2.37B | $1.88B | $1.58B | $1.27B | $812.00M | $613.10M | $458.40M |
| Goodwill | $370.30M | $347.50M | $348.70M | $348.50M | $343.60M | $336.70M | $307.20M | $240.60M | $201.10M | $201.10M |
| Intangible Assets | $17.10M | $23.00M | - | - | - | - | - | - | - | - |
| Long-term Investments | $3.10B | $4.82B | $2.12B | $2.62B | $4.42B | $1.76B | $2.62B | $1.77B | $1.89B | $2.28B |
| Total Assets | $20.46B | $18.74B | $15.44B | $12.97B | $13.55B | $11.17B | $9.73B | $7.85B | $5.76B | $6.49B |
| Accounts Payable | $255.10M | $193.40M | $188.70M | $147.00M | $121.20M | $81.60M | $123.50M | $100.70M | $82.50M | $68.50M |
| Accrued Liabilities | - | - | - | - | - | - | - | - | $169.50M | $151.00M |
| Deferred Revenue | $506.70M | $468.80M | $446.10M | $397.30M | $377.20M | $350.30M | $337.80M | $294.30M | $284.50M | $240.60M |
| Other Current Liabilities | $596.00M | $547.50M | $587.50M | $476.20M | $301.30M | $298.30M | $317.30M | $231.80M | $168.90M | - |
| Total Current Liabilities | $2.01B | $1.75B | $1.66B | $1.42B | $1.15B | $965.20M | $1.03B | $820.60M | $704.10M | $596.50M |
| Other Non-current Liabilities | - | - | - | - | - | - | - | - | $327.10M | $112.60M |
| Total Liabilities | $2.52B | $2.21B | $2.04B | $1.86B | $1.60B | $1.41B | $1.45B | $1.16B | $1.03B | $709.10M |
| Common Stock | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $100.00K | $100.00K | $100.00K | $100.00K | - |
| Retained Earnings | $7.01B | $6.80B | $4.74B | $3.50B | $4.76B | $3.26B | $2.49B | $1.52B | $61.40M | $1.57B |
| Total Stockholders Equity | $17.82B | $16.43B | $13.31B | $11.04B | $11.90B | $9.73B | $8.26B | $6.68B | $4.73B | $5.78B |
| Total Liabilities & Equity | $20.46B | $18.74B | $15.44B | $12.97B | $13.55B | $11.17B | $9.73B | $7.85B | $5.76B | $6.49B |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.55B | $2.86B | $2.32B | $1.80B | $1.32B | $1.70B | $1.06B | $1.38B | $1.13B | $660.00M | $735.90M |
| Stock-based Compensation | $1.35B | $788.20M | $676.80M | $592.80M | $513.20M | $449.20M | $395.40M | $335.80M | $261.20M | $209.10M | $177.60M |
| Deferred Income Tax | - | $19.10M | $-135.30M | $-280.80M | - | - | - | - | - | - | - |
| Change in Receivables | $342.20M | $301.70M | $95.90M | $186.30M | $159.30M | $142.30M | $-5.70M | $-38.80M | $161.30M | $81.70M | $35.90M |
| Change in Inventory | $1.77B | $1.06B | $830.00M | $712.50M | $546.60M | $256.00M | $170.10M | $360.50M | $279.00M | $115.50M | $46.70M |
| Change in Payables | $213.40M | $57.90M | $-400.00K | $41.70M | $21.30M | $36.00M | $-32.30M | $12.30M | $16.70M | $14.00M | $15.90M |
| Operating Cash Flow | $4.91B | $3.03B | $2.42B | $1.81B | $1.49B | $2.09B | $1.48B | $1.60B | $1.17B | $1.14B | $1.04B |
| Capital Expenditure | $928.30M | $539.80M | $1.11B | $1.06B | $532.40M | $353.50M | $341.50M | $425.60M | $187.40M | $190.70M | $53.90M |
| Acquisitions | - | $13.90M | $1.00M | $8.90M | $12.80M | $8.70M | $37.70M | $59.70M | $87.90M | - | - |
| Purchases of Investments | $2.43B | $1.22B | $5.14B | $2.21B | $1.40B | $6.45B | $4.29B | $3.35B | $2.58B | $2.00B | $2.59B |
| Sales of Investments | $4.22B | $2.18B | $2.88B | $2.69B | $3.25B | $4.27B | $2.93B | $2.57B | $1.53B | $703.10M | $970.10M |
| Investing Cash Flow | $1.35B | $665.80M | $-3.27B | $-360.10M | $1.37B | $-2.46B | $-940.60M | $-1.15B | $-1.05B | $378.70M | $-1.28B |
| Stock Repurchased | - | $2.30B | - | $416.30M | $2.61B | - | $134.30M | $269.50M | - | $2.27B | $42.50M |
| Financing Cash Flow | $-2.98B | $-2.36B | $150.90M | $-287.60M | $-2.57B | $43.00M | $-85.70M | $-168.40M | $126.30M | $-1.91B | $558.50M |
| Net Change in Cash | $3.28B | $1.34B | $-707.70M | $1.17B | $294.70M | $-332.50M | $455.90M | $273.20M | $246.20M | $-388.40M | $322.00M |
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 | $2.51B | $2.04B | $7.20B | $5.94B |
| Cost of Revenue | $842.70M | $664.20M | $2.46B | $1.95B |
| Gross Profit | $1.66B | $1.37B | $4.74B | $3.99B |
| Operating Expenses | $902.70M | $796.60M | $2.66B | $2.38B |
| Research & Development | $329.40M | $286.00M | $958.90M | $850.60M |
| Selling General & Admin | $573.30M | $510.60M | $1.70B | $1.53B |
| Operating Income | $759.70M | $577.30M | $2.08B | $1.61B |
| Other Income/Expense | $95.50M | $93.70M | $274.60M | $250.00M |
| Income Before Tax | $855.20M | $671.00M | $2.36B | $1.86B |
| Income Tax Expense | $146.00M | $100.40M | $278.70M | $214.50M |
| Net Income | $704.40M | $565.10M | $2.06B | $1.64B |
| Basic EPS | 1.98 | 1.59 | 5.77 | 4.61 |
| Diluted EPS | 1.95 | 1.56 | 5.67 | 4.53 |
| Basic Shares Outstanding | $356.60M | $355.80M | $357.50M | $354.80M |
| Diluted Shares Outstanding | $361.80M | $362.70M | $363.50M | $361.40M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.81B | $2.03B |
| Short-term Investments | $2.10B | $1.99B |
| Accounts Receivable | $1.26B | $1.23B |
| Inventory | $1.78B | $1.49B |
| Other Current Assets | $574.90M | $385.10M |
| Total Current Assets | $8.53B | $7.11B |
| Property Plant & Equipment | $5.15B | $4.65B |
| Goodwill | $348.10M | $347.50M |
| Long-term Investments | $3.52B | $4.82B |
| Total Assets | $19.35B | $18.74B |
| Accounts Payable | $291.20M | $193.40M |
| Deferred Revenue | $491.10M | $468.80M |
| Other Current Liabilities | $565.40M | $547.50M |
| Total Current Liabilities | $1.80B | $1.75B |
| Total Liabilities | $2.31B | $2.21B |
| Common Stock | $400.00K | $400.00K |
| Retained Earnings | $6.42B | $6.80B |
| Total Stockholders Equity | $16.93B | $16.43B |
| Total Liabilities & Equity | $19.35B | $18.74B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $704.40M | $565.10M | $2.06B | $1.64B |
| Stock-based Compensation | - | - | $584.90M | $499.80M |
| Change in Receivables | - | - | $34.20M | $21.80M |
| Change in Inventory | - | - | $810.40M | $650.90M |
| Change in Payables | - | - | $97.00M | $21.20M |
| Operating Cash Flow | - | - | $2.14B | $1.59B |
| Capital Expenditure | - | - | $377.30M | $799.20M |
| Acquisitions | - | - | $1.20M | - |
| Purchases of Investments | - | - | $790.90M | $3.71B |
| Sales of Investments | - | - | $1.80B | $2.40B |
| Investing Cash Flow | - | - | $875.20M | $-2.01B |
| Stock Repurchased | - | - | $2.09B | - |
| Dividends Paid | - | - | - | $8.00M |
| Financing Cash Flow | - | - | $-2.23B | $101.50M |
| Net Change in Cash | - | - | $787.10M | $-323.80M |
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.