$3.14B
Revenue
$705.99M
Net Income
81.39%
Gross Margin
24.65%
Op. Margin
$1.50B
Free Cash Flow
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
Q2 2024 (Mar 31, 2024) |
Q1 2024 (Dec 31, 2023) |
Q4 2023 (Sep 30, 2023) |
Q3 2023 (Jun 30, 2023) |
Q2 2023 (Mar 31, 2023) |
Q1 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $822.47M | $810.09M | $780.37M | $731.12M | $766.49M | $746.67M | $695.50M | $681.35M | $692.60M | $706.97M | $702.64M | $703.17M | $700.38M |
| Revenue Growth % (YoY) | 7.3% | 8.5% | 12.2% | 7.3% | 10.7% | 5.6% | -1.0% | -3.1% | -1.1% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $151.78M | $143.88M | $148.63M | $140.96M | $140.51M | $143.72M | $136.43M | $141.11M | $136.39M | $140.96M | $141.68M | $155.65M | $155.01M |
| Gross Profit | $670.68M | $666.21M | $631.74M | $590.16M | $625.98M | $602.95M | $559.07M | $540.24M | $556.21M | $566.01M | $560.96M | $547.52M | $545.37M |
| Gross Margin % | 81.5% | 82.2% | 81.0% | 80.7% | 81.7% | 80.8% | 80.4% | 79.3% | 80.3% | 80.1% | 79.8% | 77.9% | 77.9% |
| Operating Expenses | $456.49M | $460.56M | $435.43M | $431.27M | $420.90M | $411.93M | $395.98M | $400.28M | $391.69M | $394.27M | $457.39M | $441.48M | $454.16M |
| Research & Development | $141.16M | $136.39M | $136.34M | $136.56M | $130.52M | $123.95M | $124.39M | $122.21M | $119.58M | $127.83M | $128.76M | $141.36M | $142.32M |
| Operating Income | $214.19M | $205.65M | $196.32M | $158.90M | $205.08M | $191.03M | $163.09M | $139.96M | $164.52M | $171.74M | $103.57M | $106.05M | $91.21M |
| Operating Margin % | 26.0% | 25.4% | 25.2% | 21.7% | 26.8% | 25.6% | 23.4% | 20.5% | 23.8% | 24.3% | 14.7% | 15.1% | 13.0% |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | $2.97M | $2.97M | $2.97M |
| Other Income/Expense | $8.73M | $9.42M | $16.71M | $12.30M | $3.96M | $12.49M | $8.53M | $5.97M | $9.88M | $3.08M | $2.90M | $2.74M | $4.70M |
| Income Before Tax | $222.92M | $215.07M | $213.02M | $171.20M | $209.04M | $203.51M | $171.62M | $145.93M | $174.40M | $174.83M | $106.47M | $108.78M | $95.91M |
| Income Tax Expense | $42.87M | $24.58M | $23.11M | $25.67M | $42.60M | $38.22M | $27.54M | $26.91M | $36.02M | $22.69M | $17.49M | $27.35M | $23.51M |
| Net Income | $180.05M | $190.49M | $189.91M | $145.53M | $166.44M | $165.30M | $144.08M | $119.02M | $138.38M | $152.13M | $88.98M | $81.44M | $72.40M |
| Net Margin % | 21.9% | 23.5% | 24.3% | 19.9% | 21.7% | 22.1% | 20.7% | 17.5% | 20.0% | 21.5% | 12.7% | 11.6% | 10.3% |
| Basic EPS | 3.12 | 3.31 | 3.29 | 2.51 | 2.85 | 2.83 | 2.46 | 2.02 | 2.34 | 2.55 | 1.48 | 1.35 | 1.20 |
| Diluted EPS | 3.10 | 3.26 | 3.25 | 2.48 | 2.82 | 2.80 | 2.44 | 2.00 | 2.32 | 2.53 | 1.48 | 1.34 | 1.20 |
| Basic Shares Outstanding | 57.6M | -85K | 57.8M | 57.9M | 58.3M | -112K | 58.6M | 58.8M | 59.1M | -224K | 60.0M | 60.3M | 60.1M |
| Diluted Shares Outstanding | 58.2M | -89K | 58.5M | 58.8M | 59.1M | -102K | 59.1M | 59.6M | 59.7M | -193K | 60.3M | 60.7M | 60.4M |
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
Q2 2024 (Mar 31, 2024) |
Q1 2024 (Dec 31, 2023) |
Q4 2023 (Sep 30, 2023) |
Q3 2023 (Jun 30, 2023) |
Q2 2023 (Mar 31, 2023) |
Q1 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.20B | $1.34B | $1.43B | $1.26B | $1.15B | $1.07B | $934.81M | $902.68M | $822.57M | $797.16M | $677.50M | $734.54M | $605.74M |
| Short-term Investments | - | - | - | - | - | - | $812.00K | $802.00K | $3.29M | $6.16M | $13.11M | $20.71M | $54.02M |
| Accounts Receivable | $493.63M | $414.43M | $359.86M | $379.62M | $484.99M | $389.02M | $419.99M | $388.32M | $513.18M | $454.83M | $439.52M | $485.62M | $485.28M |
| Inventory | $79.89M | $77.23M | $66.92M | $67.88M | $73.24M | $76.38M | $78.54M | $69.76M | $35.84M | $35.87M | $46.10M | $50.74M | $59.20M |
| Other Current Assets | $742.16M | $682.77M | $631.30M | $629.39M | $632.89M | $569.47M | $552.02M | $589.95M | $586.88M | $554.74M | $537.56M | $533.55M | $510.28M |
| Total Current Assets | $2.52B | $2.52B | $2.49B | $2.34B | $2.34B | $2.11B | $1.99B | $1.95B | $1.96B | $1.85B | $1.71B | $1.83B | $1.71B |
| Property Plant & Equipment | $157.10M | $156.95M | $152.45M | $148.81M | $149.98M | $150.94M | $154.24M | $161.53M | $167.11M | $170.42M | $171.15M | $169.77M | $167.71M |
| Goodwill | $2.44B | $2.44B | $2.32B | $2.32B | $2.31B | $2.31B | $2.31B | $2.31B | $2.29B | $2.29B | $2.29B | $2.29B | $2.26B |
| Intangible Assets | $84.21M | - | - | - | - | - | - | - | - | - | - | - | - |
| Long-term Investments | $17.96M | $15.69M | $15.03M | $12.53M | $11.18M | $8.58M | $7.30M | $6.34M | $6.17M | $5.07M | $5.89M | $4.74M | $7.81M |
| Other Non-current Assets | $509.78M | $552.28M | $523.80M | $492.88M | $508.56M | $487.52M | $425.52M | $439.07M | $425.85M | $444.61M | $464.29M | $483.53M | $503.75M |
| Total Assets | $6.29B | $6.32B | $6.11B | $5.91B | $5.90B | $5.61B | $5.41B | $5.38B | $5.35B | $5.25B | $5.12B | $5.22B | $5.09B |
| Accounts Payable | $60.66M | $83.97M | $68.71M | $43.61M | $53.61M | $67.89M | $53.62M | $57.70M | $60.08M | $63.31M | $65.50M | $69.95M | $71.76M |
| Accrued Liabilities | $305.19M | $315.38M | $281.41M | $279.91M | $316.37M | $300.08M | $259.87M | $266.56M | $278.92M | $282.89M | $274.25M | $295.53M | $330.52M |
| Deferred Revenue | $1.25B | $1.21B | $1.20B | $1.20B | $1.22B | $1.12B | $1.14B | $1.18B | $1.19B | $1.13B | $1.15B | $1.16B | $1.13B |
| Total Current Liabilities | $1.62B | $1.61B | $1.55B | $1.52B | $1.59B | $1.49B | $1.46B | $1.50B | $1.52B | $1.47B | $1.49B | $1.53B | $1.53B |
| Deferred Tax Liabilities | $1.91M | $1.92M | $8.71M | $8.25M | $7.70M | $7.18M | $6.15M | $5.69M | $5.21M | $4.64M | $3.88M | $3.40M | $2.97M |
| Other Non-current Liabilities | $89.14M | $96.23M | $96.61M | $101.54M | $98.08M | $94.73M | $89.00M | $81.11M | $78.55M | $82.57M | $76.50M | $72.58M | $70.14M |
| Common Stock | $5.87M | $42.02M | $40.74M | $40.25M | $9.46M | $5.89M | $17.90M | $19.03M | $18.35M | $24.40M | $32.52M | $190.59M | $129.06M |
| Retained Earnings | $3.55B | $3.57B | $3.45B | $3.30B | $3.25B | $3.14B | $3.02B | $2.94B | $2.86B | $2.80B | $2.65B | $2.56B | $2.48B |
| Total Stockholders Equity | $3.54B | $3.59B | $3.47B | $3.31B | $3.24B | $3.13B | $3.01B | $2.93B | $2.86B | $2.80B | $2.66B | $2.73B | $2.58B |
| Total Liabilities & Equity | $6.29B | $6.32B | $6.11B | $5.91B | $5.90B | $5.61B | $5.41B | $5.38B | $5.35B | $5.25B | $5.12B | $5.22B | $5.09B |
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
Q2 2024 (Mar 31, 2024) |
Q1 2024 (Dec 31, 2023) |
Q4 2023 (Sep 30, 2023) |
Q3 2023 (Jun 30, 2023) |
Q2 2023 (Mar 31, 2023) |
Q1 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $180.05M | $190.49M | $501.89M | $145.53M | $166.44M | $165.30M | $144.08M | $257.40M | $138.38M | $152.13M | $88.98M | $153.84M | $72.40M |
| Depreciation & Amortization | $24.61M | $24.79M | $67.61M | $45.14M | $22.67M | $22.93M | $84.06M | $57.28M | $29.27M | $29.53M | $83.17M | $54.82M | $27.47M |
| Stock-based Compensation | $60.01M | $57.25M | $174.24M | $116.79M | $57.91M | $53.76M | $165.35M | $111.14M | $56.00M | $53.27M | $183.38M | $126.91M | $62.87M |
| Change in Receivables | $79.41M | $55.24M | $-26.83M | $-7.28M | $98.19M | $-29.25M | $-34.70M | $-66.57M | $58.71M | $14.80M | $-31.51M | $14.32M | $15.84M |
| Change in Inventory | $2.67M | $10.31M | $-9.46M | $-8.50M | $-3.14M | $-2.16M | $42.66M | $33.89M | $-34.00K | $-10.23M | $-22.26M | $-17.62M | $-9.17M |
| Operating Cash Flow | $159.21M | $208.07M | $741.60M | $459.38M | $202.78M | $246.50M | $545.91M | $386.95M | $165.32M | $189.80M | $463.61M | $298.55M | $157.63M |
| Capital Expenditure | $9.72M | $16.14M | $27.12M | $18.58M | $8.07M | $6.06M | $24.35M | $18.50M | $9.05M | $15.38M | $38.80M | $23.79M | $13.10M |
| Acquisitions | - | $146.89M | $24.17M | $10.10M | - | - | $32.94M | $32.94M | - | - | $35.05M | $35.01M | - |
| Purchases of Investments | $2.18M | $1.32M | $4.40M | $1.90M | $1.90M | $500.00K | $1.60M | $1.00M | $1.00M | - | $1.79M | $689.00K | $680.00K |
| Sales of Investments | - | $548.00K | - | - | - | $817.00K | $5.42M | $5.42M | $2.91M | $7.82M | $103.51M | $95.77M | $63.52M |
| Investing Cash Flow | $-10.56M | $-163.80M | $-55.69M | $-30.58M | $-9.97M | $-5.74M | $-53.47M | $-47.02M | $-7.13M | $-7.57M | $43.96M | $52.37M | $61.90M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | $350.00M | $350.00M | $350.00M |
| Stock Repurchased | - | $125.01M | $377.08M | $252.07M | - | $100.51M | $400.05M | $250.03M | $150.02M | $60.01M | $290.04M | $40.01M | $40.01M |
| Financing Cash Flow | $-293.02M | $-127.16M | $-337.66M | $-244.28M | $-114.68M | $-101.87M | $-355.13M | $-236.14M | $-134.97M | $-61.39M | $-591.91M | $-377.37M | $-374.86M |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $822.47M | - |
| Cost of Revenue | $151.78M | - |
| Gross Profit | $670.68M | - |
| Operating Expenses | $456.49M | - |
| Research & Development | $141.16M | - |
| Operating Income | $214.19M | - |
| Other Income/Expense | $8.73M | - |
| Income Before Tax | $222.92M | - |
| Income Tax Expense | $42.87M | - |
| Net Income | $180.05M | - |
| Basic EPS | 3.12 | - |
| Diluted EPS | 3.10 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Sep 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $1.20B | $1.34B |
| Accounts Receivable | $493.63M | $414.43M |
| Inventory | $79.89M | $77.23M |
| Other Current Assets | $742.16M | $682.77M |
| Total Current Assets | $2.52B | $2.52B |
| Property Plant & Equipment | $157.10M | $156.95M |
| Goodwill | $2.44B | $2.44B |
| Intangible Assets | $84.21M | $96.27M |
| Long-term Investments | $17.96M | $15.69M |
| Other Non-current Assets | $509.78M | $552.28M |
| Total Assets | $6.29B | $6.32B |
| Accounts Payable | $60.66M | $83.97M |
| Accrued Liabilities | $305.19M | $315.38M |
| Deferred Revenue | $1.25B | $1.21B |
| Total Current Liabilities | $1.62B | $1.61B |
| Deferred Tax Liabilities | $1.91M | $1.92M |
| Other Non-current Liabilities | $89.14M | $96.23M |
| Common Stock | $5.87M | $42.02M |
| Retained Earnings | $3.55B | $3.57B |
| Total Stockholders Equity | $3.54B | $3.59B |
| Total Liabilities & Equity | $6.29B | $6.32B |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $180.05M | - |
| Depreciation & Amortization | $24.61M | - |
| Stock-based Compensation | $60.01M | - |
| Change in Receivables | $79.41M | - |
| Change in Inventory | $2.67M | - |
| Operating Cash Flow | $159.21M | - |
| Capital Expenditure | $9.72M | - |
| Purchases of Investments | $2.18M | - |
| Investing Cash Flow | $-10.56M | - |
| Financing Cash Flow | $-293.02M | - |
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.