$7.72B
Revenue
$2.46B
Net Income
74.44%
Gross Margin
43.42%
Op. Margin
$4.39B
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $7.72B | $7.72B | $7.09B | $5.92B | $5.47B | $6.22B | $5.37B | $4.83B | $4.44B | $4.20B | $3.60B |
| Revenue Growth % | 0.0% | 8.9% | 19.8% | 8.2% | -12.1% | 15.8% | 11.2% | 8.7% | 5.7% | 16.6% | nan% |
| Cost of Revenue | $1.97B | $1.97B | $1.95B | $1.69B | $1.61B | $1.64B | $1.48B | $1.39B | $1.25B | $1.22B | - |
| Gross Profit | $5.75B | $5.75B | $5.14B | $4.23B | $3.85B | $4.58B | $3.90B | $3.44B | $3.20B | $2.99B | - |
| Gross Margin % | 74.4% | 74.4% | 72.6% | 71.5% | 70.5% | 73.7% | 72.5% | 71.3% | 72.0% | 71.1% | nan% |
| Operating Expenses | $4.37B | $4.37B | $4.21B | $3.78B | $3.58B | $3.37B | $2.98B | $2.83B | $2.57B | $2.40B | $2.97B |
| Selling General & Admin | $1.80B | $1.80B | $1.74B | $1.63B | $1.53B | $1.48B | $1.23B | $1.17B | $1.08B | $986.00M | $936.40M |
| Operating Income | $3.35B | $3.35B | $2.88B | $2.14B | $1.88B | $2.84B | $2.39B | $2.00B | $1.87B | $1.82B | $638.70M |
| Operating Margin % | 43.4% | 43.4% | 40.6% | 36.1% | 34.4% | 45.7% | 44.5% | 41.4% | 42.0% | 43.3% | 17.7% |
| Interest Expense | - | $235.00M | $280.00M | $281.00M | - | - | - | - | - | - | - |
| Other Income/Expense | $-31.00M | $-31.00M | $61.00M | $49.00M | $38.00M | $82.00M | $46.00M | $20.00M | $19.00M | $4.00M | $57.10M |
| Income Before Tax | $3.13B | $3.13B | $2.70B | $1.94B | $1.76B | $2.75B | $2.23B | $1.81B | $1.67B | $1.79B | $558.00M |
| Income Tax Expense | $668.00M | $668.00M | $640.00M | $327.00M | $386.00M | $541.00M | $452.00M | $381.00M | $352.00M | $779.00M | $282.20M |
| Net Income | $2.46B | $2.46B | $2.06B | $1.61B | $1.37B | $2.21B | $1.78B | $1.42B | $1.31B | $1.00B | $266.60M |
| Net Margin % | 31.9% | 31.9% | 29.0% | 27.2% | 25.1% | 35.6% | 33.1% | 29.4% | 29.5% | 23.8% | 7.4% |
| Basic EPS | 13.73 | 13.73 | 11.32 | 8.77 | 7.47 | 11.88 | 9.48 | 7.51 | 6.84 | 5.24 | 1.38 |
| Diluted EPS | 13.68 | 13.67 | 11.26 | 8.73 | 7.44 | 11.78 | 9.39 | 7.42 | 6.74 | 5.15 | 1.36 |
| Basic Shares Outstanding | - | 179.1M | 181.8M | 183.2M | 183.9M | 186.4M | 187.6M | 189.3M | 191.6M | 191.1M | 192.7M |
| Diluted Shares Outstanding | - | 179.9M | 182.7M | 184.0M | 184.7M | 187.9M | 189.3M | 191.6M | 194.4M | 194.2M | 195.4M |
| Breakdown | FY 2025 (Dec 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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.38B | $2.41B | $2.13B | $1.77B | $1.81B | $2.60B | $1.83B | $1.69B | $1.07B | $2.05B |
| Short-term Investments | $64.00M | $566.00M | $63.00M | $90.00M | $91.00M | $99.00M | $98.00M | $133.00M | $111.80M | $173.40M |
| Accounts Receivable | $2.02B | $1.80B | $1.66B | $1.65B | $1.72B | $1.43B | $1.42B | $1.29B | $1.15B | $887.40M |
| Other Current Assets | $714.00M | $515.00M | $489.00M | $583.00M | $389.00M | $383.00M | $330.00M | $282.00M | $250.10M | $140.80M |
| Total Current Assets | $5.19B | $5.29B | $4.34B | $4.09B | $4.01B | $4.51B | $3.68B | $3.39B | $2.58B | $3.25B |
| Property Plant & Equipment | $722.00M | $656.00M | $603.00M | $502.00M | $347.00M | $278.00M | $292.00M | $320.00M | $325.10M | $325.90M |
| Goodwill | $6.37B | $5.99B | $5.96B | $5.84B | $6.00B | $4.56B | $3.72B | $3.78B | $3.75B | $1.02B |
| Intangible Assets | $1.87B | $1.89B | $2.05B | $2.21B | $2.47B | $1.82B | $1.50B | $1.57B | $1.63B | $296.40M |
| Long-term Investments | $110.00M | $98.00M | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $1.10B | $1.17B | $1.14B | $1.09B | $1.03B | $515.00M | $389.00M | $275.00M | $159.90M | $112.20M |
| Total Assets | $15.83B | $15.51B | $14.62B | $14.35B | $14.68B | $12.41B | $10.27B | $9.53B | $8.59B | $5.33B |
| Accounts Payable | $62.00M | $53.00M | - | - | - | - | - | - | - | - |
| Deferred Revenue | $1.58B | $1.45B | $1.32B | $1.26B | $1.25B | $1.09B | $1.05B | $953.00M | $883.60M | $683.90M |
| Total Current Liabilities | $2.98B | $3.60B | $2.50B | $2.38B | $2.50B | $2.22B | $1.91B | $2.10B | $2.06B | $2.43B |
| Long-term Debt | $6.99B | $7.43B | $7.00B | $7.39B | $7.41B | $6.42B | $5.58B | $5.23B | $5.11B | $3.06B |
| Deferred Tax Liabilities | $315.00M | $449.00M | $402.00M | $457.00M | $488.00M | $404.00M | $357.00M | $352.00M | - | - |
| Other Non-current Liabilities | $859.00M | $517.00M | $676.00M | $674.00M | $438.00M | $590.00M | $504.00M | $576.00M | $664.00M | $425.20M |
| Total Liabilities | $11.62B | $11.78B | $11.15B | $11.66B | $11.76B | $10.65B | $9.43B | $8.87B | $8.71B | $6.35B |
| Common Stock | - | - | - | - | - | $3.00M | $3.00M | $3.00M | $3.40M | - |
| Retained Earnings | $17.85B | $16.07B | $14.66B | $13.62B | $12.76B | $11.01B | $9.66B | $8.59B | $7.47B | $6.69B |
| Treasury Stock | - | - | - | $11.51B | $10.51B | $9.75B | $9.25B | $8.31B | $8.15B | $8.03B |
| Total Stockholders Equity | $4.05B | $3.56B | $3.32B | $2.52B | $2.73B | $1.57B | $612.00M | $459.00M | $-327.70M | $-1.23B |
| Total Liabilities & Equity | $15.83B | $15.51B | $14.62B | $14.35B | $14.68B | $12.41B | $10.27B | $9.53B | $8.59B | $5.33B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.08B | $2.46B | $2.06B | $1.61B | $1.37B | $2.21B | $1.78B | $1.42B | $1.31B | $1.00B | $266.60M |
| Depreciation & Amortization | $593.00M | $480.00M | $431.00M | $373.00M | $331.00M | $257.00M | $220.00M | $200.00M | $192.00M | $158.00M | $126.70M |
| Stock-based Compensation | $405.00M | $232.00M | $220.00M | $193.00M | $169.00M | $175.00M | $154.00M | $136.00M | $130.00M | $123.00M | $98.10M |
| Deferred Income Tax | $18.00M | $-17.00M | $-62.00M | $-38.00M | $48.00M | $-218.00M | $-44.00M | $-38.00M | $-99.00M | $88.00M | $-153.10M |
| Change in Receivables | $125.00M | $203.00M | $187.00M | $12.00M | $-34.00M | $257.00M | $-31.00M | $134.00M | $136.00M | $148.00M | $104.80M |
| Operating Cash Flow | $4.96B | $2.90B | $2.84B | $2.15B | $1.47B | $2.00B | $2.15B | $1.68B | $1.46B | $755.00M | $1.23B |
| Capital Expenditure | $571.00M | $326.00M | $317.00M | $271.00M | $283.00M | $139.00M | $103.00M | $69.00M | $91.00M | $91.00M | $115.20M |
| Acquisitions | $673.00M | $227.00M | $221.00M | $3.00M | $97.00M | $2.18B | $897.00M | $162.00M | $289.00M | $3.51B | $80.80M |
| Purchases of Investments | $347.00M | $188.00M | $651.00M | $143.00M | $320.00M | $437.00M | $181.00M | $138.00M | $193.00M | $170.00M | - |
| Investing Cash Flow | $324.00M | $2.00M | $-1.06B | $-247.00M | $-262.00M | $-2.62B | $-1.08B | $36.00M | $-406.00M | $-3.42B | $102.00M |
| Stock Repurchased | $2.64B | $1.61B | $1.29B | $490.00M | $983.00M | $750.00M | $503.00M | $991.00M | $203.00M | $200.00M | $738.80M |
| Dividends Paid | $1.26B | $701.00M | $620.00M | $564.00M | $515.00M | $463.00M | $420.00M | $378.00M | $337.20M | $290.40M | $285.10M |
| Financing Cash Flow | $-6.14B | $-3.06B | $-1.45B | $-1.58B | $-1.21B | $-122.00M | $-351.00M | $-1.56B | $-412.00M | $1.60B | $-1.01B |
| Net Change in Cash | $-527.00M | $-24.00M | $278.00M | $361.00M | $-42.00M | $-786.00M | $765.00M | $147.00M | $613.00M | $-980.00M | $294.10M |
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 | $2.01B | $1.81B | $5.83B | $5.42B |
| Cost of Revenue | $492.00M | $512.00M | $1.47B | $1.45B |
| Operating Expenses | $1.09B | $1.07B | $3.25B | $3.10B |
| Selling General & Admin | $453.00M | $434.00M | $1.33B | $1.29B |
| Operating Income | $917.00M | $738.00M | $2.58B | $2.31B |
| Other Income/Expense | $8.00M | $25.00M | $42.00M | $45.00M |
| Income Before Tax | $867.00M | $703.00M | $2.44B | $2.17B |
| Income Tax Expense | $220.00M | $169.00M | $592.00M | $510.00M |
| Net Income | $646.00M | $534.00M | $1.85B | $1.66B |
| Basic EPS | 3.61 | 2.94 | 10.30 | 9.13 |
| Diluted EPS | 3.60 | 2.93 | 10.26 | 9.09 |
| Basic Shares Outstanding | $178.90M | $181.70M | $179.50M | $182.20M |
| Diluted Shares Outstanding | $179.60M | $182.50M | $180.20M | $183.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.18B | $2.41B |
| Short-term Investments | $78.00M | $566.00M |
| Accounts Receivable | $1.77B | $1.80B |
| Other Current Assets | $566.00M | $515.00M |
| Total Current Assets | $4.60B | $5.29B |
| Property Plant & Equipment | $712.00M | $656.00M |
| Goodwill | $6.46B | $5.99B |
| Intangible Assets | $1.92B | $1.89B |
| Other Non-current Assets | $1.14B | $1.17B |
| Total Assets | $15.41B | $15.51B |
| Deferred Revenue | $1.37B | $1.45B |
| Total Current Liabilities | $2.50B | $3.60B |
| Long-term Debt | $6.98B | $6.73B |
| Deferred Tax Liabilities | $348.00M | $449.00M |
| Other Non-current Liabilities | $901.00M | $517.00M |
| Total Liabilities | $11.30B | $11.78B |
| Retained Earnings | $17.41B | $16.07B |
| Total Stockholders Equity | $3.96B | $3.56B |
| Total Liabilities & Equity | $15.41B | $15.51B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $646.00M | $534.00M | $1.85B | $1.66B |
| Depreciation & Amortization | $123.00M | $108.00M | $356.00M | $318.00M |
| Stock-based Compensation | - | - | $174.00M | $166.00M |
| Deferred Income Tax | - | - | $40.00M | $9.00M |
| Change in Receivables | - | - | $-63.00M | $43.00M |
| Operating Cash Flow | - | - | $2.04B | $2.16B |
| Capital Expenditure | - | - | $245.00M | $243.00M |
| Acquisitions | - | - | $227.00M | $110.00M |
| Purchases of Investments | - | - | $158.00M | $623.00M |
| Investing Cash Flow | - | - | $44.00M | $-875.00M |
| Stock Repurchased | - | - | $1.17B | $812.00M |
| Dividends Paid | - | - | $534.00M | $465.00M |
| Financing Cash Flow | - | - | $-2.45B | $-812.00M |
| Net Change in Cash | - | - | $-227.00M | $512.00M |
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.