$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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $5.20B | $5.07B | $5.56B | $5.30B | $4.74B | $4.45B | $4.45B | $4.65B | $5.03B | $4.99B | $4.86B |
| Revenue Growth % | 2.6% | -8.8% | 5.0% | 11.9% | 6.5% | -0.0% | -4.3% | -7.6% | 0.7% | 2.7% | nan% |
| Cost of Revenue | $2.15B | $2.09B | $2.36B | $2.34B | $2.00B | $1.87B | $1.83B | $1.91B | $1.96B | $1.89B | $1.78B |
| Gross Profit | $3.06B | $2.98B | $3.20B | $2.96B | $2.74B | $2.57B | $2.62B | $2.74B | $3.07B | $3.10B | $3.08B |
| Gross Margin % | 58.7% | 58.8% | 57.5% | 55.8% | 57.9% | 57.9% | 58.9% | 59.0% | 61.1% | 62.2% | 63.4% |
| Operating Expenses | $2.66B | $2.69B | $2.73B | $2.44B | $2.35B | $2.22B | $2.17B | $2.17B | $2.22B | $2.21B | $2.17B |
| Research & Development | $1.14B | $1.15B | $1.14B | $1.04B | $1.01B | $958.40M | $955.70M | $1.00B | $980.70M | $1.01B | $994.50M |
| Operating Income | $395.40M | $291.80M | $470.10M | $519.10M | $387.50M | $353.10M | $442.20M | $572.20M | $848.10M | $889.70M | $912.00M |
| Operating Margin % | 7.6% | 5.8% | 8.4% | 9.8% | 8.2% | 7.9% | 9.9% | 12.3% | 16.9% | 17.8% | 18.8% |
| Interest Expense | - | $82.60M | $81.50M | $67.30M | $62.60M | $87.20M | $90.60M | $94.00M | $93.90M | $92.80M | $80.60M |
| Other Income/Expense | $-900.00K | $5.50M | $-23.80M | $-28.60M | $-16.80M | $-32.90M | $-27.80M | $-39.50M | $-36.30M | $-62.30M | $-59.80M |
| Income Before Tax | $406.20M | $298.00M | $349.00M | $536.30M | $310.10M | $265.20M | $414.40M | $532.70M | $811.80M | $827.40M | $852.20M |
| Income Tax Expense | $45.90M | $500.00K | $29.20M | $60.50M | $57.40M | $7.40M | $69.40M | $-34.20M | $505.60M | $234.70M | $218.50M |
| Net Income | $352.80M | $287.90M | $310.20M | $471.00M | $252.70M | $257.80M | $345.00M | $566.90M | $306.20M | $592.70M | $633.70M |
| Net Margin % | 6.8% | 5.7% | 5.6% | 8.9% | 5.3% | 5.8% | 7.8% | 12.2% | 6.1% | 11.9% | 13.0% |
| Basic EPS | 1.06 | 0.88 | 0.97 | 1.46 | 0.78 | 0.78 | 1.01 | 1.62 | 0.81 | 1.55 | 1.62 |
| Diluted EPS | 1.05 | 0.86 | 0.95 | 1.43 | 0.76 | 0.77 | 0.99 | 1.60 | 0.80 | 1.53 | 1.59 |
| Basic Shares Outstanding | 333.3M | 327.2M | 320.0M | 322.1M | 324.4M | 330.4M | 343.2M | 349.0M | 377.7M | 381.7M | 390.6M |
| Diluted Shares Outstanding | 339.2M | 334.6M | 325.9M | 329.5M | 331.6M | 335.2M | 348.2M | 354.4M | 384.2M | 387.8M | 399.4M |
| 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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.22B | $1.07B | $880.10M | $922.50M | $1.36B | $1.22B | $2.49B | $2.01B | $1.83B | $1.42B |
| Short-term Investments | $160.30M | $139.40M | $210.30M | $315.50M | $412.10M | $738.00M | $1.07B | $1.03B | $752.30M | $527.10M |
| Accounts Receivable | $1.16B | $1.04B | $1.23B | $994.40M | $964.10M | $879.70M | $754.60M | $852.00M | $1.05B | $780.70M |
| Inventory | $830.10M | $952.40M | $619.40M | $272.60M | $210.20M | - | - | - | - | - |
| Other Current Assets | $467.60M | $591.50M | $680.00M | $451.60M | $533.10M | $376.30M | $268.10M | $299.90M | $332.30M | $183.70M |
| Total Current Assets | $3.85B | $3.80B | $3.62B | $2.96B | $3.27B | $3.21B | $4.58B | $4.18B | $3.97B | $2.91B |
| Property Plant & Equipment | $680.20M | $689.90M | $666.80M | $703.00M | $762.30M | $830.90M | $951.70M | $1.02B | $1.06B | $1.02B |
| Goodwill | $3.73B | $3.73B | $3.73B | $3.76B | $3.67B | $3.34B | $3.11B | $3.10B | $3.08B | $2.98B |
| Intangible Assets | $42.60M | $91.80M | $160.50M | $284.30M | $266.70M | $185.80M | $118.50M | $128.10M | $130.20M | $33.90M |
| Long-term Investments | $385.40M | $116.80M | $139.60M | $455.50M | $656.60M | $589.80M | $199.00M | $988.40M | $1.07B | $1.24B |
| Other Non-current Assets | $1.16B | $978.70M | $866.70M | $564.20M | $567.30M | $514.60M | $403.50M | $379.40M | $237.20M | $390.20M |
| Total Assets | $10.01B | $9.52B | $9.33B | $8.89B | $9.38B | $8.84B | $9.36B | $9.83B | $9.66B | $8.62B |
| Accounts Payable | $256.50M | $295.10M | $347.40M | $273.70M | $277.00M | $219.50M | $208.80M | $217.60M | $221.00M | $159.30M |
| Short-term Debt | $399.40M | - | - | - | $421.50M | - | - | - | - | $299.90M |
| Deferred Revenue | $1.23B | $1.13B | $1.02B | $937.90M | $867.30M | $812.90M | $829.30M | $1.03B | $1.03B | $822.90M |
| Other Current Liabilities | $399.90M | $386.70M | $404.90M | $328.90M | $324.60M | $282.50M | $233.50M | $304.30M | $249.30M | $250.30M |
| Total Current Liabilities | $2.64B | $2.10B | $2.08B | $1.88B | $2.16B | $1.54B | $1.84B | $1.74B | $1.74B | $1.80B |
| Long-term Debt | $1.22B | $1.62B | $1.60B | $1.69B | $1.71B | $1.68B | $1.79B | $2.14B | $2.13B | $1.65B |
| Other Non-current Liabilities | $133.50M | $122.70M | $131.70M | $58.40M | $73.40M | $58.10M | $119.80M | $118.80M | $166.10M | $61.60M |
| Total Liabilities | $5.22B | $5.03B | $4.85B | $4.57B | $4.83B | $4.23B | $4.54B | $5.15B | $4.69B | $4.04B |
| Retained Earnings | $-2.02B | $-2.30B | $-2.38B | $-2.65B | $-2.67B | $-2.74B | $-2.83B | $-3.36B | $-3.28B | $-3.74B |
| Total Stockholders Equity | $4.78B | $4.49B | $4.48B | $4.32B | $4.54B | $4.61B | $4.82B | $4.68B | $4.96B | $4.57B |
| Total Liabilities & Equity | $10.01B | $9.52B | $9.33B | $8.89B | $9.38B | $8.84B | $9.36B | $9.83B | $9.66B | $8.62B |
| 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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $352.00M | $287.90M | $310.20M | $471.00M | $252.70M | $257.80M | $345.00M | $566.90M | $306.20M | $592.70M | $633.70M |
| Depreciation & Amortization | $275.60M | $156.90M | $194.70M | $217.70M | $237.40M | $212.40M | $210.30M | $210.50M | $225.60M | $206.70M | $176.50M |
| Stock-based Compensation | $494.60M | $290.80M | $279.40M | $209.30M | $222.60M | $190.20M | $202.20M | $217.10M | $187.50M | $224.60M | $217.30M |
| Change in Receivables | $-291.50M | $119.90M | $-183.40M | $232.00M | $31.80M | $76.10M | $118.10M | $-96.30M | $-203.80M | $263.50M | $218.90M |
| 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 | $528.90M | $861.10M | $1.26B | $1.11B | $892.50M |
| Capital Expenditure | $198.00M | $115.50M | $159.40M | $105.10M | $100.00M | $100.40M | $109.60M | $147.40M | $151.20M | $214.70M | $210.30M |
| Acquisitions | - | - | - | - | - | - | $270.90M | $16.40M | $33.00M | $144.60M | $3.50M |
| Sales of Investments | $412.60M | $239.20M | $217.30M | $390.30M | $394.00M | $865.00M | $1.64B | $910.20M | $741.60M | $342.30M | $319.80M |
| Investing Cash Flow | $-872.40M | $-390.30M | $-67.60M | $407.50M | $13.80M | $-288.90M | $-528.20M | $564.80M | $-309.00M | $-450.10M | $-508.70M |
| Debt Repayment | - | - | - | - | $423.80M | $376.20M | $950.00M | - | - | $300.00M | - |
| Stock Issued | $105.60M | $73.40M | $61.90M | $57.20M | $56.40M | $54.70M | $55.60M | $56.90M | $64.50M | $62.30M | $121.20M |
| Stock Repurchased | - | - | $397.60M | $315.20M | $443.50M | $381.10M | $554.90M | $756.60M | $725.80M | $324.60M | $1.15B |
| Dividends Paid | $362.00M | $288.60M | $280.80M | $270.40M | $259.10M | $264.10M | $260.10M | $249.30M | $150.40M | $152.50M | $156.30M |
| Financing Cash Flow | $-447.00M | $-232.70M | $-618.80M | $-528.40M | $-1.13B | $-222.40M | $-1.23B | $-968.60M | $-794.80M | $-229.60M | $-581.40M |
| Net Change in Cash | $82.30M | $151.50M | $186.60M | $-45.00M | $-440.30M | $106.50M | $-1.23B | $446.70M | $178.50M | $459.30M | $-218.70M |
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.