$5.20B
Revenue
$352.80M
Net Income
58.70%
Gross Margin
7.60%
Op. Margin
$1.22B
Free Cash Flow
| Breakdown | 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) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.28B | $1.40B | $1.33B | $1.19B | $1.15B | $1.36B | $1.40B | $1.43B | $1.37B | $1.45B | $1.41B | $1.27B | $1.17B |
| Revenue Growth % (YoY) | 11.4% | 2.9% | -4.8% | -16.8% | -16.2% | -5.8% | -1.2% | 12.6% | 17.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $525.50M | $565.40M | $557.60M | $501.10M | $468.00M | $557.60M | $587.40M | $617.00M | $600.60M | $621.80M | $626.80M | $575.50M | $518.80M |
| Gross Profit | $754.70M | $838.70M | $773.40M | $688.50M | $680.90M | $807.20M | $810.40M | $813.10M | $771.20M | $827.00M | $787.80M | $694.10M | $649.40M |
| Gross Margin % | 59.0% | 59.7% | 58.1% | 57.9% | 59.3% | 59.1% | 58.0% | 56.9% | 56.2% | 57.1% | 55.7% | 54.7% | 55.6% |
| Operating Expenses | $665.30M | $671.80M | $679.30M | $643.50M | $695.10M | $681.50M | $722.80M | $672.00M | $655.50M | $623.50M | $638.50M | $586.30M | $590.90M |
| Research & Development | $283.10M | $288.70M | $290.60M | $274.60M | $296.60M | $289.10M | $288.50M | $282.00M | $284.80M | $269.20M | $274.00M | $244.30M | $248.60M |
| Operating Income | $89.40M | $166.90M | $94.10M | $45.00M | $-14.20M | $125.70M | $87.60M | $141.10M | $115.70M | $203.50M | $149.30M | $107.80M | $58.50M |
| Operating Margin % | 7.0% | 11.9% | 7.1% | 3.8% | -1.2% | 9.2% | 6.3% | 9.9% | 8.4% | 14.0% | 10.6% | 8.5% | 5.0% |
| Other Income/Expense | $-4.30M | $-200.00K | $2.30M | $1.30M | $2.10M | $-2.80M | $-4.80M | $-7.40M | $-8.60M | $1.50M | $-9.10M | $-8.10M | $-12.90M |
| Income Before Tax | $81.80M | $180.50M | $96.90M | $47.00M | $-26.40M | $117.60M | $82.80M | $41.50M | $107.10M | $205.00M | $140.20M | $145.50M | $45.60M |
| Income Tax Expense | $17.70M | $15.30M | $2.10M | $10.80M | $-27.70M | $-10.40M | $5.00M | $15.00M | $19.60M | $22.40M | $16.60M | $31.60M | $-10.10M |
| Net Income | $64.10M | $162.00M | $92.60M | $34.10M | $-800.00K | $124.30M | $76.10M | $24.40M | $85.40M | $180.40M | $121.50M | $113.40M | $55.70M |
| Net Margin % | 5.0% | 11.5% | 7.0% | 2.9% | -0.1% | 9.1% | 5.4% | 1.7% | 6.2% | 12.5% | 8.6% | 8.9% | 4.8% |
| Basic EPS | 0.19 | 0.49 | 0.28 | 0.10 | 0.00 | 0.39 | 0.24 | 0.08 | 0.26 | 0.56 | 0.38 | 0.35 | 0.17 |
| Diluted EPS | 0.19 | 0.48 | 0.28 | 0.10 | 0.00 | 0.38 | 0.24 | 0.07 | 0.26 | 0.55 | 0.37 | 0.35 | 0.17 |
| Basic Shares Outstanding | 333.3M | 1.5M | 329.4M | 325.1M | 322.6M | -300K | 319.3M | 319.3M | 322.3M | 300K | 322.8M | 321.0M | 321.8M |
| Diluted Shares Outstanding | 339.2M | 1.2M | 335.9M | 332.7M | 322.6M | -400K | 323.8M | 326.0M | 329.1M | 200K | 328.9M | 328.1M | 331.1M |
| Breakdown | 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) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.29B | $1.22B | $1.06B | $935.00M | $1.07B | $1.07B | $1.24B | $1.09B | $923.50M | $880.10M | $830.90M | $721.80M | $1.01B |
| Short-term Investments | $268.70M | $160.30M | $166.70M | $186.70M | $187.90M | $139.40M | $133.60M | $144.70M | $174.90M | $210.30M | $226.20M | $294.30M | $293.40M |
| Accounts Receivable | $918.40M | $1.16B | $958.10M | $878.90M | $814.90M | $1.04B | $937.30M | $908.50M | $1.06B | $1.23B | $1.03B | $1.05B | $848.80M |
| Inventory | $824.70M | $830.10M | $872.50M | $926.10M | $958.20M | $952.40M | $976.30M | $925.70M | $761.50M | $619.40M | $519.60M | $394.90M | $317.00M |
| Other Current Assets | $436.10M | $467.60M | $463.20M | $517.60M | $510.10M | $591.50M | $580.60M | $682.70M | $736.40M | $680.00M | $604.40M | $612.60M | $480.30M |
| Total Current Assets | $3.74B | $3.85B | $3.53B | $3.44B | $3.54B | $3.80B | $3.87B | $3.75B | $3.66B | $3.62B | $3.21B | $3.07B | $3.04B |
| Property Plant & Equipment | $674.60M | $680.20M | $684.90M | $685.20M | $688.60M | $689.90M | $687.80M | $689.10M | $671.00M | $666.80M | $667.20M | $675.70M | $689.40M |
| Goodwill | $3.73B | $3.73B | $3.73B | $3.73B | $3.73B | $3.73B | $3.73B | $3.73B | $3.73B | $3.73B | $3.73B | $3.73B | $3.73B |
| Intangible Assets | $32.10M | $42.60M | $53.10M | $63.80M | $74.60M | $91.80M | $109.00M | $126.20M | $143.30M | $160.50M | $177.70M | $196.20M | $215.60M |
| Long-term Investments | $412.30M | $385.40M | $331.20M | $308.60M | $277.20M | $116.80M | $40.90M | $62.30M | $92.60M | $139.60M | $197.80M | $269.50M | $362.20M |
| Other Non-current Assets | $1.21B | $1.16B | $1.12B | $1.05B | $1.00B | $978.70M | $841.30M | $888.20M | $884.20M | $866.70M | $844.80M | $768.60M | $635.40M |
| Total Assets | $10.09B | $10.01B | $9.60B | $9.43B | $9.48B | $9.52B | $9.40B | $9.38B | $9.32B | $9.33B | $8.98B | $8.86B | $8.83B |
| Accounts Payable | $219.30M | $256.50M | $258.00M | $268.30M | $250.20M | $295.10M | $324.40M | $371.80M | $357.50M | $347.40M | $352.70M | $360.60M | $318.30M |
| Short-term Debt | $399.60M | $399.40M | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue | $1.28B | $1.23B | $1.12B | $1.15B | $1.21B | $1.13B | $1.04B | $1.04B | $1.07B | $1.02B | $894.30M | $940.40M | $967.00M |
| Other Current Liabilities | $386.90M | $399.90M | $357.60M | $363.50M | $363.40M | $386.70M | $653.20M | $572.40M | $414.00M | $404.90M | $409.80M | $372.80M | $334.30M |
| Total Current Liabilities | $2.51B | $2.64B | $2.05B | $2.04B | $2.03B | $2.10B | $2.24B | $2.26B | $2.07B | $2.08B | $1.90B | $1.95B | $1.86B |
| Long-term Debt | $1.23B | $1.22B | $1.63B | $1.61B | $1.61B | $1.62B | $1.59B | $1.60B | $1.62B | $1.60B | $1.60B | $1.63B | $1.65B |
| Other Non-current Liabilities | $130.40M | $133.50M | $116.90M | $140.60M | $136.40M | $122.70M | $154.10M | $135.80M | $119.30M | $131.70M | $158.80M | $115.00M | $88.30M |
| Total Liabilities | $5.26B | $5.22B | $4.95B | $4.93B | $5.00B | $5.03B | $5.07B | $5.02B | $4.88B | $4.85B | $4.64B | $4.61B | $4.56B |
| Retained Earnings | $-1.97B | $-2.02B | $-2.18B | $-2.27B | $-2.31B | $-2.30B | $-2.42B | $-2.43B | $-2.38B | $-2.38B | $-2.50B | $-2.63B | $-2.68B |
| Total Stockholders Equity | $4.83B | $4.78B | $4.64B | $4.50B | $4.48B | $4.49B | $4.33B | $4.35B | $4.44B | $4.48B | $4.34B | $4.25B | $4.27B |
| Total Liabilities & Equity | $10.09B | $10.01B | $9.60B | $9.43B | $9.48B | $9.52B | $9.40B | $9.38B | $9.32B | $9.33B | $8.98B | $8.86B | $8.83B |
| Breakdown | 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) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $64.10M | $162.00M | $92.60M | $33.30M | $-800.00K | $124.30M | $185.90M | $109.80M | $85.40M | $180.40M | $290.60M | $169.10M | $55.70M |
| Depreciation & Amortization | $36.50M | $37.30M | $119.60M | $82.20M | $44.20M | $47.30M | $147.40M | $98.50M | $49.40M | $52.30M | $165.40M | $111.50M | $56.30M |
| Stock-based Compensation | $62.60M | $79.40M | $211.40M | $141.20M | $79.90M | $81.80M | $197.60M | $122.90M | $60.90M | $55.40M | $153.90M | $92.40M | $45.20M |
| Deferred Income Tax | $-34.80M | - | $-147.60M | $-64.30M | $-26.60M | - | $-154.50M | - | - | - | - | - | - |
| Change in Receivables | $-246.20M | $206.30M | $-86.40M | $-165.20M | $-228.80M | $106.30M | $-289.70M | $-319.50M | $-166.10M | $197.70M | $34.30M | $54.20M | $-145.50M |
| Change in Inventory | $3.10M | $-48.00M | $-34.80M | $6.50M | $22.50M | $98.70M | $385.70M | $315.00M | $145.70M | $137.80M | - | - | - |
| Operating Cash Flow | $316.50M | $279.80M | $508.30M | $316.10M | $325.00M | $9.10M | $863.70M | $534.50M | $191.50M | $119.60M | $-22.00M | $-73.80M | $193.10M |
| Capital Expenditure | $24.30M | $27.20M | $88.30M | $58.20M | $34.80M | $35.40M | $124.00M | $83.20M | $42.10M | $31.70M | $73.40M | $49.50M | $25.00M |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | $3.90M | $3.90M | - |
| Sales of Investments | $64.50M | $56.90M | $182.30M | $108.90M | $45.10M | $42.20M | $175.10M | $128.80M | $69.40M | $59.60M | $330.70M | $218.80M | $123.60M |
| Investing Cash Flow | $-162.60M | $-48.10M | $-342.20M | $-319.50M | $-265.50M | $-118.40M | $50.80M | $54.70M | $42.20M | $76.30M | $331.20M | $217.70M | $63.90M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Stock Issued | $100.00K | $12.90M | $60.50M | $32.10M | $32.10M | $200.00K | $61.70M | $31.60M | $31.10M | $400.00K | $56.80M | $29.10M | $28.60M |
| Stock Repurchased | - | $-15.20M | $15.20M | $14.60M | $14.60M | $800.00K | $396.80M | $271.30M | $151.30M | $88.40M | $226.80M | $226.30M | $126.30M |
| Dividends Paid | $73.40M | $73.00M | $72.70M | $142.90M | $71.40M | $70.30M | $210.50M | $140.50M | $70.60M | $67.60M | $202.80M | $134.80M | $67.50M |
| Financing Cash Flow | $-90.30M | $-63.80M | $-168.90M | $-124.00M | $-53.90M | $-71.90M | $-546.90M | $-381.50M | $-190.80M | $-155.60M | $-372.80M | $-332.00M | $-165.20M |
| Net Change in Cash | $64.20M | $155.40M | $-3.90M | $-133.40M | $2.00M | $-176.90M | $363.50M | $209.50M | $44.10M | $48.10M | $-93.10M | $-202.10M | $90.10M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.