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$27.19B
Revenue
$1.02B
Net Income
15.16%
Gross Margin
5.81%
Op. Margin
$1.63B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2009 - 2024)
Breakdown TTM
(Sep 30, 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 $27.19B $23.67B $20.88B $17.07B $12.98B $11.20B $12.11B $11.17B $9.47B $7.65B $7.57B
Revenue Growth % 14.9% 13.4% 22.3% 31.5% 15.9% -7.5% 8.4% 18.0% 23.7% 1.0% nan%
Cost of Revenue $23.07B $20.16B $17.95B $14.54B $11.03B $9.54B $10.51B $9.69B $8.22B $6.64B $6.65B
+ Gross Profit $4.12B $3.51B $2.94B $2.53B $1.95B $1.66B $1.60B $1.48B $1.24B $1.01B $923.66M
Gross Margin % 15.2% 14.8% 14.1% 14.8% 15.0% 14.8% 13.2% 13.2% 13.1% 13.3% 12.2%
Selling General & Admin $2.10B $1.82B $1.56B $1.34B $1.16B $975.07M $955.99M $857.57M $777.92M $653.34M $592.86M
+ Operating Income $1.58B $1.35B $1.13B $872.06M $663.52M $611.37M $554.87M $540.27M $378.85M $320.81M $237.50M
Operating Margin % 5.8% 5.7% 5.4% 5.1% 5.1% 5.5% 4.6% 4.8% 4.0% 4.2% 3.1%
Interest Expense $242.04M $202.69M $186.91M $124.36M $68.90M $45.01M $66.89M $36.95M $20.95M $14.89M $8.02M
Interest Income $24.93M $32.40M $10.83M $2.61M $3.19M $2.45M $927.00K $1.55M $832.00K $2.42M $1.49M
Other Income/Expense $24.04M $35.84M $18.06M $-46.41M $25.09M $2.54M $83.38M $-47.21M $-4.98M $-663.00K $-2.30M
Income Before Tax $1.39B $1.21B $969.96M $703.89M $622.90M $571.35M $572.29M $457.67M $353.76M $307.69M $228.68M
Income Tax Expense $350.62M $284.75M $219.27M $192.24M $130.92M $119.39M $165.47M $161.66M $35.53M $107.25M $97.47M
+ Net Income $1.02B $904.82M $744.69M $491.19M $485.96M $445.60M $402.04M $293.35M $314.98M $200.10M $321.82M
Net Margin % 3.7% 3.8% 3.6% 2.9% 3.7% 4.0% 3.3% 2.6% 3.3% 2.6% 4.2%
Basic EPS 6.86 6.16 5.13 3.42 3.45 3.15 2.76 1.92 2.02 1.26 1.59
Diluted EPS 6.75 6.03 5.00 3.32 3.34 3.07 2.73 1.90 2.00 1.26 1.59
Basic Shares Outstanding 149.0M 146.9M 145.2M 143.5M 140.8M 141.4M 145.7M 153.0M 156.1M 157.3M 195.1M
Diluted Shares Outstanding 151.5M 150.1M 148.8M 148.0M 145.4M 145.2M 147.5M 154.2M 157.2M 157.3M 195.1M
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 $741.96M $1.29B $428.50M $229.10M $184.62M $164.80M $78.69M $138.28M $112.18M $128.77M
Accounts Receivable $5.17B $4.41B $3.67B $3.40B $2.72B $2.75B $2.35B $1.99B $1.50B $1.62B
Inventory $260.18M $175.66M $103.27M $84.66M $50.47M $55.72M $107.73M $80.89M $88.55M $75.28M
Other Current Assets $469.34M $387.11M $249.57M $215.05M $183.38M $261.29M $208.06M $168.36M $114.59M $134.59M
Total Current Assets $7.85B $7.68B $5.54B $4.73B $3.59B $3.83B $3.33B $2.87B $2.29B $2.28B
Property Plant & Equipment - - - - - - $1.28B $1.29B $1.17B $1.10B
Goodwill $5.32B $4.05B $3.59B $3.53B $2.12B $2.02B $1.90B $1.87B $1.60B $1.55B
Intangible Assets $1.86B $1.36B $1.46B $1.80B $435.65M $413.73M $280.18M $263.18M $187.02M $205.07M
Other Non-current Assets $655.71M $565.62M $622.74M $632.24M $435.71M $393.26M $293.59M $189.87M $101.03M $76.33M
Total Assets $18.68B $16.24B $13.46B $12.86B $8.40B $8.33B $7.08B $6.48B $5.35B $5.21B
Short-term Debt $62.68M $535.20M $37.49M $29.17M $14.76M $74.87M $65.65M $1.22M $7.56M $7.07M
Deferred Revenue $2.15B $1.54B $1.14B $802.87M $528.86M $606.15M $425.96M $433.39M - -
Total Current Liabilities $6.03B $5.21B $3.41B $3.16B $2.14B $2.26B $1.81B $1.49B $1.21B $1.20B
Long-term Debt $4.10B $3.66B $3.69B $3.72B $1.17B $1.29B $1.04B $670.72M $353.56M $475.36M
Deferred Tax Liabilities $353.27M $254.00M $227.86M $191.10M $166.41M $214.78M $219.12M $179.38M $192.83M -
Other Non-current Liabilities $650.28M $636.25M $567.52M $487.31M $391.22M $311.31M $404.56M $342.36M $259.73M $260.13M
Total Liabilities $11.35B $9.95B $8.07B $7.74B $4.05B $4.28B $3.47B $2.68B $2.01B $2.13B
Common Stock $2.00K $2.00K $2.00K $2.00K $2.00K - - $2.00K $1.00K $2.00K
Retained Earnings $5.71B $4.86B $4.16B $3.71B $3.26B $2.85B $2.48B $2.19B $1.88B $1.68B
Treasury Stock - - $1.19B $980.26M $857.82M $586.77M $554.44M $85.45M $14.29M $1.80B
Total Stockholders Equity $7.32B $6.27B $5.38B $5.11B $4.34B $4.05B $3.60B $3.79B $3.34B $3.09B
Total Liabilities & Equity $18.68B $16.24B $13.46B $12.86B $8.40B $8.33B $7.08B $6.48B $5.35B $5.21B
Breakdown TTM
(Sep 30, 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 $1.02B $904.82M $744.69M $491.19M $485.96M $445.60M $402.04M $293.35M $314.98M $200.10M $321.82M
Stock-based Compensation $289.20M $150.53M $126.76M $105.60M $88.26M $91.64M $52.01M $52.48M $46.45M $42.84M $36.94M
Deferred Income Tax $68.10M $-8.32M $3.82M $42.05M $26.07M $-60.02M $-7.92M $61.97M $-32.13M $-15.70M $-19.40M
Change in Working Capital - - - $229.72M $457.68M $-327.37M $156.81M $400.53M $241.18M $49.23M $-222.11M
Change in Inventory $88.06M $39.52M $-2.82M $19.33M - - - - - - $33.52M
Operating Cash Flow $2.60B $2.08B $1.58B $1.13B $582.39M $1.12B $526.55M $358.79M $371.89M - -
Capital Expenditure $968.42M $604.08M $434.80M $427.63M $385.85M $260.05M $261.76M $293.60M $244.65M $212.56M $209.97M
Acquisitions $2.78B $1.75B $651.62M $195.09M $2.45B $292.57M $387.97M $94.92M $361.22M $68.79M $112.91M
Purchases of Investments - $81.87M $7.54M $78.08M $139.02M $14.86M $47.06M $36.91M $56.53M $13.15M -
Investing Cash Flow $-3.95B $-2.29B $-989.65M $-617.19M $-2.90B $-499.32M $-617.60M $-402.67M $-572.08M - -
Stock Repurchased $387.68M - $350.00K $127.76M $66.69M $247.25M $20.09M $443.15M $50.00M - $1.61B
Dividends Paid $104.60M $54.20M $47.75M $41.06M $34.02M $28.89M $23.24M - - - -
Financing Cash Flow $737.45M $-305.64M $268.50M $-311.07M $2.36B $-601.37M $177.69M $-16.57M $227.76M - -
Net Change in Cash $-611.13M $-549.03M $861.83M $201.33M $45.08M $17.06M $86.49M $-60.52M $29.36M $-14.36M $-61.74M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $7.63B - $20.64B -
Cost of Revenue $6.41B - $17.58B -
Gross Profit $1.22B - $3.06B -
Selling General & Admin $572.95M - $1.60B -
Operating Income $517.22M - $1.13B -
Interest Expense $71.81M - $185.70M -
Interest Income $3.72M - $11.35M -
Other Income/Expense $13.31M - $17.69M -
Income Before Tax $462.44M - $969.92M -
Income Tax Expense $119.61M - $244.59M -
Net Income $339.42M $191.88M $712.93M -
Basic EPS 2.28 - 4.80 -
Diluted EPS 2.24 - 4.72 -
Basic Shares Outstanding $149.04M - $148.59M -
Diluted Shares Outstanding $151.50M - $151.13M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $610.39M $741.96M
Accounts Receivable $6.36B $5.17B
Inventory $333.71M $260.18M
Other Current Assets $605.19M $469.34M
Total Current Assets $9.47B $7.85B
Goodwill $6.70B $5.32B
Intangible Assets $2.32B $1.86B
Other Non-current Assets $903.54M $655.71M
Total Assets $22.74B $18.68B
Short-term Debt $97.35M $62.68M
Deferred Revenue $2.45B $2.15B
Total Current Liabilities $7.04B $6.03B
Long-term Debt $5.53B $4.10B
Deferred Tax Liabilities $451.83M $353.27M
Other Non-current Liabilities $1.03B $650.28M
Total Liabilities $14.34B $11.35B
Common Stock $2.00K $2.00K
Retained Earnings $6.38B $5.71B
Total Stockholders Equity $8.40B $7.32B
Total Liabilities & Equity $22.74B $18.68B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $339.42M $191.88M $712.93M -
Stock-based Compensation - - $129.12M -
Deferred Income Tax - - $73.43M -
Change in Inventory - - $70.82M -
Operating Cash Flow - - $1.10B -
Capital Expenditure - - $415.56M -
Acquisitions - - $1.78B -
Purchases of Investments - - $149.20M -
Investing Cash Flow - - $-2.29B -
Stock Repurchased - - $134.56M -
Dividends Paid - - $45.39M -
Financing Cash Flow - - $1.03B -
Net Change in Cash - - $-132.33M -

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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