$5.20B
Revenue
$352.80M
Net Income
58.70%
Gross Margin
7.60%
Op. Margin
$1.22B
Free Cash Flow
| Breakdown | TTM (Mar 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) |
|---|---|---|---|---|---|---|
| Total Revenue | $5.20B | $5.07B | $5.56B | $5.30B | $4.74B | $4.45B |
| Revenue Growth % | 2.6% | -8.8% | 5.0% | 11.9% | 6.5% | nan% |
| Cost of Revenue | $2.15B | $2.09B | $2.36B | $2.34B | $2.00B | $1.87B |
| Gross Profit | $3.06B | $2.98B | $3.20B | $2.96B | $2.74B | $2.57B |
| Gross Margin % | 58.7% | 58.8% | 57.5% | 55.8% | 57.9% | 57.9% |
| Operating Expenses | $2.66B | $2.69B | $2.73B | $2.44B | $2.35B | $2.22B |
| Research & Development | $1.14B | $1.15B | $1.14B | $1.04B | $1.01B | $958.40M |
| Operating Income | $395.40M | $291.80M | $470.10M | $519.10M | $387.50M | $353.10M |
| Operating Margin % | 7.6% | 5.8% | 8.4% | 9.8% | 8.2% | 7.9% |
| Interest Expense | - | $82.60M | $81.50M | $67.30M | $62.60M | $87.20M |
| Other Income/Expense | $-900.00K | $5.50M | $-23.80M | $-28.60M | $-16.80M | $-32.90M |
| Income Before Tax | $406.20M | $298.00M | $349.00M | $536.30M | $310.10M | $265.20M |
| Income Tax Expense | $45.90M | $500.00K | $29.20M | $60.50M | $57.40M | $7.40M |
| Net Income | $352.80M | $287.90M | $310.20M | $471.00M | $252.70M | $257.80M |
| Net Margin % | 6.8% | 5.7% | 5.6% | 8.9% | 5.3% | 5.8% |
| Basic EPS | 1.06 | 0.88 | 0.97 | 1.46 | 0.78 | 0.78 |
| Diluted EPS | 1.05 | 0.86 | 0.95 | 1.43 | 0.76 | 0.77 |
| Basic Shares Outstanding | 333.3M | 327.2M | 320.0M | 322.1M | 324.4M | 330.4M |
| Diluted Shares Outstanding | 339.2M | 334.6M | 325.9M | 329.5M | 331.6M | 335.2M |
| Breakdown | 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.22B | $1.07B | $880.10M | $922.50M | $1.36B |
| Short-term Investments | $160.30M | $139.40M | $210.30M | $315.50M | $412.10M |
| Accounts Receivable | $1.16B | $1.04B | $1.23B | $994.40M | $964.10M |
| Inventory | $830.10M | $952.40M | $619.40M | $272.60M | $210.20M |
| Other Current Assets | $467.60M | $591.50M | $680.00M | $451.60M | $533.10M |
| Total Current Assets | $3.85B | $3.80B | $3.62B | $2.96B | $3.27B |
| Property Plant & Equipment | $680.20M | $689.90M | $666.80M | $703.00M | $762.30M |
| Goodwill | $3.73B | $3.73B | $3.73B | $3.76B | $3.67B |
| Intangible Assets | $42.60M | $91.80M | $160.50M | $284.30M | $266.70M |
| Long-term Investments | $385.40M | $116.80M | $139.60M | $455.50M | $656.60M |
| Other Non-current Assets | $1.16B | $978.70M | $866.70M | $564.20M | $567.30M |
| Total Assets | $10.01B | $9.52B | $9.33B | $8.89B | $9.38B |
| Accounts Payable | $256.50M | $295.10M | $347.40M | $273.70M | $277.00M |
| Short-term Debt | $399.40M | - | - | - | $421.50M |
| Deferred Revenue | $1.23B | $1.13B | $1.02B | $937.90M | $867.30M |
| Other Current Liabilities | $399.90M | $386.70M | $404.90M | $328.90M | $324.60M |
| Total Current Liabilities | $2.64B | $2.10B | $2.08B | $1.88B | $2.16B |
| Long-term Debt | $1.22B | $1.62B | $1.60B | $1.69B | $1.71B |
| Other Non-current Liabilities | $133.50M | $122.70M | $131.70M | $58.40M | $73.40M |
| Total Liabilities | $5.22B | $5.03B | $4.85B | $4.57B | $4.83B |
| Retained Earnings | $-2.02B | $-2.30B | $-2.38B | $-2.65B | $-2.67B |
| Total Stockholders Equity | $4.78B | $4.49B | $4.48B | $4.32B | $4.54B |
| Total Liabilities & Equity | $10.01B | $9.52B | $9.33B | $8.89B | $9.38B |
| Breakdown | TTM (Mar 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) |
|---|---|---|---|---|---|---|
| Net Income | $352.00M | $287.90M | $310.20M | $471.00M | $252.70M | $257.80M |
| Depreciation & Amortization | $275.60M | $156.90M | $194.70M | $217.70M | $237.40M | $212.40M |
| Stock-based Compensation | $494.60M | $290.80M | $279.40M | $209.30M | $222.60M | $190.20M |
| Change in Receivables | $-291.50M | $119.90M | $-183.40M | $232.00M | $31.80M | $76.10M |
| Change in Inventory | $-73.20M | $-82.80M | $484.40M | $394.20M | $60.40M | - |
| Operating Cash Flow | $1.42B | $788.10M | $872.80M | $97.60M | $689.70M | $612.00M |
| Capital Expenditure | $198.00M | $115.50M | $159.40M | $105.10M | $100.00M | $100.40M |
| Sales of Investments | $412.60M | $239.20M | $217.30M | $390.30M | $394.00M | $865.00M |
| Investing Cash Flow | $-872.40M | $-390.30M | $-67.60M | $407.50M | $13.80M | $-288.90M |
| Debt Repayment | - | - | - | - | $423.80M | $376.20M |
| Stock Issued | $105.60M | $73.40M | $61.90M | $57.20M | $56.40M | $54.70M |
| Stock Repurchased | - | - | $397.60M | $315.20M | $443.50M | $381.10M |
| Dividends Paid | $362.00M | $288.60M | $280.80M | $270.40M | $259.10M | $264.10M |
| Financing Cash Flow | $-447.00M | $-232.70M | $-618.80M | $-528.40M | $-1.13B | $-222.40M |
| Net Change in Cash | $82.30M | $151.50M | $186.60M | $-45.00M | $-440.30M | $106.50M |
SEC Filing Format - Data shown as it appears in the Q1 2025 (10-Q) filing
Period ended: Mar 31, 2025
Condensed Consolidated Statements of Operations
| Description | Mar 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $1.28B | $1.15B |
| Cost of Revenue | $525.50M | $468.00M |
| Gross Profit | $754.70M | $680.90M |
| Operating Expenses | $665.30M | $695.10M |
| Research & Development | $283.10M | $296.60M |
| Operating Income | $89.40M | $-14.20M |
| Other Income/Expense | $-4.30M | $2.10M |
| Income Before Tax | $81.80M | $-26.40M |
| Income Tax Expense | $17.70M | $-27.70M |
| Net Income | $64.10M | $-800.00K |
| Basic EPS | 0.19 | 0.00 |
| Diluted EPS | 0.19 | 0.00 |
| Basic Shares Outstanding | $333.30M | $322.60M |
| Diluted Shares Outstanding | $339.20M | $322.60M |
Condensed Consolidated Balance Sheets
| Description | Mar 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.29B | $1.22B |
| Short-term Investments | $268.70M | $160.30M |
| Accounts Receivable | $918.40M | $1.16B |
| Inventory | $824.70M | $830.10M |
| Other Current Assets | $436.10M | $467.60M |
| Total Current Assets | $3.74B | $3.85B |
| Property Plant & Equipment | $674.60M | $680.20M |
| Goodwill | $3.73B | $3.73B |
| Intangible Assets | $32.10M | $42.60M |
| Long-term Investments | $412.30M | $385.40M |
| Other Non-current Assets | $1.21B | $1.16B |
| Total Assets | $10.09B | $10.01B |
| Accounts Payable | $219.30M | $256.50M |
| Short-term Debt | $399.60M | $399.40M |
| Deferred Revenue | $1.28B | $1.23B |
| Other Current Liabilities | $386.90M | $399.90M |
| Total Current Liabilities | $2.51B | $2.64B |
| Long-term Debt | $1.23B | $1.22B |
| Other Non-current Liabilities | $130.40M | $133.50M |
| Total Liabilities | $5.26B | $5.22B |
| Retained Earnings | $-1.97B | $-2.02B |
| Total Stockholders Equity | $4.83B | $4.78B |
| Total Liabilities & Equity | $10.09B | $10.01B |
Condensed Consolidated Statements of Cash Flows
| Description | Mar 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $64.10M | $-800.00K |
| Depreciation & Amortization | $36.50M | $44.20M |
| Stock-based Compensation | $62.60M | $79.90M |
| Deferred Income Tax | $-34.80M | $-26.60M |
| Change in Receivables | $-246.20M | $-228.80M |
| Change in Inventory | $3.10M | $22.50M |
| Operating Cash Flow | $316.50M | $325.00M |
| Capital Expenditure | $24.30M | $34.80M |
| Sales of Investments | $64.50M | $45.10M |
| Investing Cash Flow | $-162.60M | $-265.50M |
| Stock Issued | $100.00K | $32.10M |
| Dividends Paid | $73.40M | $71.40M |
| Financing Cash Flow | $-90.30M | $-53.90M |
| Net Change in Cash | $64.20M | $2.00M |
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.