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$5.20B
Revenue
$352.80M
Net Income
58.70%
Gross Margin
7.60%
Op. Margin
$1.22B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 16 of 16 annual reports available (2009 - 2024)
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)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
+ Total Revenue $5.20B $5.07B $5.56B $5.30B $4.74B $4.45B $4.45B $4.65B $5.03B $4.99B $4.86B $4.63B $4.67B $4.37B $4.45B $4.09B $3.32B
Revenue Growth % 2.6% -8.8% 5.0% 11.9% 6.5% -0.0% -4.3% -7.6% 0.7% 2.7% 5.0% -0.9% 7.0% -1.9% 8.7% 23.4% 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 $1.77B $1.73B $1.66B $1.58B $1.35B $1.16B
+ Gross Profit $3.06B $2.98B $3.20B $2.96B $2.74B $2.57B $2.62B $2.74B $3.07B $3.10B $3.08B $2.86B $2.94B $2.71B $2.87B $2.74B $2.16B
Gross Margin % 58.7% 58.8% 57.5% 55.8% 57.9% 57.9% 58.9% 59.0% 61.1% 62.2% 63.4% 61.8% 63.0% 62.1% 64.5% 67.0% 65.1%
Operating Expenses $2.66B $2.69B $2.73B $2.44B $2.35B $2.22B $2.17B $2.17B $2.22B $2.21B $2.17B $3.28B $2.38B $2.40B $2.25B $1.97B $1.85B
Research & Development $1.14B $1.15B $1.14B $1.04B $1.01B $958.40M $955.70M $1.00B $980.70M $1.01B $994.50M $1.01B $1.04B $1.10B $1.03B $917.86M $741.71M
+ Operating Income $395.40M $291.80M $470.10M $519.10M $387.50M $353.10M $442.20M $572.20M $848.10M $889.70M $912.00M $-419.70M $565.90M $308.10M $618.52M $767.58M $310.69M
Operating Margin % 7.6% 5.8% 8.4% 9.8% 8.2% 7.9% 9.9% 12.3% 16.9% 17.8% 18.8% -9.1% 12.1% 7.1% 13.9% 18.8% 9.4%
Interest Expense - $82.60M $81.50M $67.30M $62.60M $87.20M $90.60M $94.00M $93.90M $92.80M $80.60M $44.90M $57.40M $50.10M $35.66M $8.80M $5.42M
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 $333.40M $-40.40M $-16.60M $-46.81M $10.57M $1.37M
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 $-86.30M $525.50M $291.50M $571.72M $778.15M $312.06M
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 $248.00M $85.70M $105.00M $146.70M $158.78M $196.83M
+ Net Income $352.80M $287.90M $310.20M $471.00M $252.70M $257.80M $345.00M $566.90M $306.20M $592.70M $633.70M $-334.30M $439.80M $186.50M $425.14M $618.40M $117.00M
Net Margin % 6.8% 5.7% 5.6% 8.9% 5.3% 5.8% 7.8% 12.2% 6.1% 11.9% 13.0% -7.2% 9.4% 4.3% 9.6% 15.1% 3.5%
Basic EPS 1.06 0.88 0.97 1.46 0.78 0.78 1.01 1.62 0.81 1.55 1.62 -0.73 0.88 0.36 0.80 1.18 0.22
Diluted EPS 1.05 0.86 0.95 1.43 0.76 0.77 0.99 1.60 0.80 1.53 1.59 -0.73 0.86 0.35 0.79 1.15 0.22
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 457.4M 501.8M 520.9M 529.8M 522.4M 523.6M
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 457.4M 510.3M 526.2M 541.4M 538.8M 534.0M
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)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Cash & Cash Equivalents $1.22B $1.07B $880.10M $922.50M $1.36B $1.22B $2.49B $2.01B $1.83B $1.42B $1.64B $2.28B $2.41B $2.91B $1.81B $1.60B
Short-term Investments $160.30M $139.40M $210.30M $315.50M $412.10M $738.00M $1.07B $1.03B $752.30M $527.10M $332.20M $561.90M $441.50M $641.32M $474.51M $570.52M
Accounts Receivable $1.16B $1.04B $1.23B $994.40M $964.10M $879.70M $754.60M $852.00M $1.05B $780.70M $598.90M $578.30M $438.40M $577.39M $596.62M $458.65M
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 $254.20M $199.90M $140.40M $156.22M $169.81M -
Total Current Assets $3.85B $3.80B $3.62B $2.96B $3.27B $3.21B $4.58B $4.18B $3.97B $2.91B $2.97B $3.70B $3.60B $4.44B $3.21B $2.88B
Property Plant & Equipment $680.20M $689.90M $666.80M $703.00M $762.30M $830.90M $951.70M $1.02B $1.06B $1.02B $904.30M $882.30M $811.90M $598.58M $493.88M $455.65M
Goodwill $3.73B $3.73B $3.73B $3.76B $3.67B $3.34B $3.11B $3.10B $3.08B $2.98B $2.98B $4.06B $4.06B $3.93B $3.93B $3.66B
Intangible Assets $42.60M $91.80M $160.50M $284.30M $266.70M $185.80M $118.50M $128.10M $130.20M $33.90M $62.40M $106.90M $128.90M $123.11M $121.80M $13.83M
Long-term Investments $385.40M $116.80M $139.60M $455.50M $656.60M $589.80M $199.00M $988.40M $1.07B $1.24B $1.13B $1.25B $988.10M $740.66M $535.18M $483.50M
Other Non-current Assets $1.16B $978.70M $866.70M $564.20M $567.30M $514.60M $403.50M $379.40M $237.20M $390.20M $303.90M $233.80M $138.30M $75.35M $55.47M $35.42M
Total Assets $10.01B $9.52B $9.33B $8.89B $9.38B $8.84B $9.36B $9.83B $9.66B $8.62B $8.40B $10.33B $9.83B $9.98B $8.47B $7.59B
Accounts Payable $256.50M $295.10M $347.40M $273.70M $277.00M $219.50M $208.80M $217.60M $221.00M $159.30M $234.60M $200.40M $209.30M $324.84M $292.27M $242.59M
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 $780.80M $705.80M $693.50M $712.66M $660.26M $571.65M
Other Current Liabilities $399.90M $386.70M $404.90M $328.90M $324.60M $282.50M $233.50M $304.30M $249.30M $250.30M $287.30M $261.30M $202.40M $193.63M $237.70M $142.53M
Total Current Liabilities $2.64B $2.10B $2.08B $1.88B $2.16B $1.54B $1.84B $1.74B $1.74B $1.80B $1.53B $1.44B $1.42B $1.47B $1.47B $1.38B
Long-term Debt $1.22B $1.62B $1.60B $1.69B $1.71B $1.68B $1.79B $2.14B $2.13B $1.65B $1.35B $999.30M $999.20M $999.03M - -
Other Non-current Liabilities $133.50M $122.70M $131.70M $58.40M $73.40M $58.10M $119.80M $118.80M $166.10M $61.60M $134.90M $105.20M $69.10M $65.59M $59.09M $37.53M
Total Liabilities $5.22B $5.03B $4.85B $4.57B $4.83B $4.23B $4.54B $5.15B $4.69B $4.04B $3.48B $3.02B $2.83B $2.89B - -
Retained Earnings $-2.02B $-2.30B $-2.38B $-2.65B $-2.67B $-2.74B $-2.83B $-3.36B $-3.28B $-3.74B $-3.86B $-2.63B $-2.91B $-2.97B $-3.11B $-3.24B
Total Stockholders Equity $4.78B $4.49B $4.48B $4.32B $4.54B $4.61B $4.82B $4.68B $4.96B $4.57B $4.92B $7.30B $7.00B $7.09B $6.61B $5.82B
Total Liabilities & Equity $10.01B $9.52B $9.33B $8.89B $9.38B $8.84B $9.36B $9.83B $9.66B $8.62B $8.40B $10.33B $9.83B $9.98B $8.47B $7.59B
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)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Net Income $352.00M $287.90M $310.20M $471.00M $252.70M $257.80M $345.00M $566.90M $306.20M $592.70M $633.70M $-334.30M $439.80M $186.50M $425.14M $618.40M $117.00M
Depreciation & Amortization $275.60M $156.90M $194.70M $217.70M $237.40M $212.40M $210.30M $210.50M $225.60M $206.70M $176.50M $186.10M $189.90M $187.00M $169.30M $155.30M $148.37M
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 $240.00M $244.60M $242.70M $217.76M $177.82M $139.66M
Deferred Income Tax - - - - - - - - - - - - - - - - $9.44M
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 $16.80M $139.90M $-139.10M $-18.63M $129.20M $-28.68M
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 $763.40M $842.30M $642.40M $986.73M $812.34M $796.10M
Capital Expenditure $198.00M $115.50M $159.40M $105.10M $100.00M $100.40M $109.60M $147.40M $151.20M $214.70M $210.30M $192.90M $233.10M $348.70M $266.31M $185.29M $153.10M
Acquisitions - - - - - - $270.90M $16.40M $33.00M $144.60M $3.50M $27.10M $10.00M $139.40M $30.72M $374.76M -
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 $337.60M $366.20M $559.70M $645.36M $1.09B $398.44M
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 $434.00M $-564.40M $-596.70M $-707.24M $-532.75M $-948.30M
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 $159.80M $141.70M $99.10M $346.95M $451.04M $164.21M
Stock Repurchased - - $397.60M $315.20M $443.50M $381.10M $554.90M $756.60M $725.80M $324.60M $1.15B $2.26B $577.80M $650.60M $548.59M $565.47M $453.89M
Dividends Paid $362.00M $288.60M $280.80M $270.40M $259.10M $264.10M $260.10M $249.30M $150.40M $152.50M $156.30M $86.00M - - - - -
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 $-1.82B $-401.70M $-548.30M $819.04M $-72.42M $-262.16M
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 $-644.40M $-123.80M $-502.60M $1.10B $207.16M $-414.36M
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.

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