$19.03B
Revenue
$2.14B
Net Income
49.39%
Gross Margin
17.35%
Op. Margin
$4.24B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $6.57B | $4.21B | $4.24B | $4.01B | $6.43B | $4.08B | $4.05B |
| Revenue Growth % (YoY) | 2.2% | 3.3% | 4.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $2.40B | $2.46B | $2.45B | $2.31B | $2.32B | $2.37B | $2.38B |
| Gross Profit | $4.17B | $1.75B | $1.79B | $1.70B | $4.11B | $1.71B | $1.67B |
| Gross Margin % | 63.4% | 41.5% | 42.2% | 42.3% | 64.0% | 41.9% | 41.1% |
| Selling General & Admin | $436.00M | $422.00M | $425.00M | $427.00M | $446.40M | $406.00M | $407.60M |
| Operating Income | $800.00M | $836.00M | $861.00M | $804.00M | $803.40M | $845.90M | $813.80M |
| Operating Margin % | 12.2% | 19.8% | 20.3% | 20.1% | 12.5% | 20.8% | 20.1% |
| Interest Expense | $72.00M | $143.00M | $145.00M | $140.00M | $81.20M | $138.20M | $128.30M |
| Interest Income | $2.00M | $2.00M | $2.00M | $2.00M | $1.60M | $4.30M | $1.60M |
| Other Income/Expense | $-1.00M | $7.00M | $4.00M | $11.00M | $-500.00K | $10.30M | $700.00K |
| Income Before Tax | $564.00M | $645.00M | $720.00M | $665.00M | $532.70M | $646.50M | $654.00M |
| Income Tax Expense | $20.00M | $95.00M | $170.00M | $170.00M | $20.20M | $80.60M | $142.10M |
| Net Income | $544.43M | $549.67M | $549.90M | $495.00M | $512.17M | $565.67M | $511.54M |
| Net Margin % | 8.3% | 13.1% | 13.0% | 12.3% | 8.0% | 13.9% | 12.6% |
| Basic EPS | 1.76 | 1.76 | 1.76 | 1.58 | 1.64 | 1.80 | 1.62 |
| Diluted EPS | 1.75 | 1.76 | 1.75 | 1.58 | 1.63 | 1.80 | 1.62 |
| Basic Shares Outstanding | - | 311.7M | 313.1M | 313.0M | -336K | 314.0M | 314.9M |
| Diluted Shares Outstanding | - | 312.0M | 313.4M | 313.3M | -340K | 314.4M | 315.2M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $76.00M | $84.00M | $122.00M | $83.00M | $74.00M | $83.40M | $490.60M |
| Accounts Receivable | $1.90B | $1.90B | $1.88B | $1.85B | $1.82B | $1.85B | $1.82B |
| Inventory | $106.00M | - | - | - | $98.00M | - | - |
| Other Current Assets | $550.00M | $500.00M | $414.00M | $384.00M | $511.00M | $417.50M | $351.30M |
| Total Current Assets | $2.52B | $2.48B | $2.42B | $2.32B | $2.41B | $2.35B | $2.66B |
| Goodwill | $16.71B | $16.70B | $16.63B | $16.59B | $15.98B | $15.88B | $15.86B |
| Intangible Assets | $655.00M | $599.00M | $612.00M | $632.00M | $546.00M | $454.80M | $463.40M |
| Other Non-current Assets | $1.57B | $1.59B | $1.47B | $1.39B | $1.38B | $1.40B | $1.32B |
| Total Assets | $34.37B | $33.79B | $33.40B | $33.10B | $32.40B | $31.81B | $31.93B |
| Accounts Payable | $1.37B | $1.25B | $1.20B | $1.15B | $1.34B | $1.23B | $1.29B |
| Deferred Revenue | $496.00M | $504.00M | $490.00M | $504.00M | $485.00M | $485.50M | $472.50M |
| Total Current Liabilities | $3.93B | $4.26B | $3.65B | $3.49B | $4.13B | $3.64B | $4.53B |
| Long-term Debt | $13.71B | $12.35B | $12.55B | $12.86B | $11.85B | $12.05B | $11.53B |
| Other Non-current Liabilities | $556.00M | $563.00M | $580.00M | $580.00M | $588.00M | $575.20M | $600.20M |
| Common Stock | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.20M | $3.20M |
| Retained Earnings | $11.16B | $10.81B | $10.46B | $10.09B | $9.77B | $9.44B | $9.06B |
| Total Stockholders Equity | $11.97B | $11.87B | $12.05B | $11.66B | $11.40B | $11.23B | $11.01B |
| Total Liabilities & Equity | $34.37B | $33.79B | $33.40B | $33.10B | $32.40B | $31.81B | $31.93B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Net Income | $544.43M | $549.67M | $1.04B | $495.00M | $512.17M | $1.53B | $965.33M |
| Depreciation & Amortization | $458.00M | $459.00M | $463.00M | $434.00M | $442.80M | $422.00M | $812.20M |
| Stock-based Compensation | - | $33.00M | $23.00M | $13.00M | $11.00M | $31.00M | $21.80M |
| Deferred Income Tax | $139.00M | $130.00M | $-8.00M | $1.00M | $16.80M | $70.20M | $47.50M |
| Change in Receivables | $9.00M | $78.00M | $51.00M | $18.00M | $-23.90M | $99.90M | $69.40M |
| Change in Payables | $-37.00M | $23.00M | $-13.00M | $-42.00M | $-700.00K | $-26.30M | $19.50M |
| Operating Cash Flow | $981.00M | $3.31B | $2.13B | $1.02B | $1.02B | $2.91B | $1.91B |
| Capital Expenditure | $577.00M | $1.31B | $866.00M | $459.00M | $497.60M | $1.36B | $917.90M |
| Acquisitions | $171.00M | $1.26B | $963.00M | $834.00M | $352.60M | $400.40M | $201.00M |
| Investing Cash Flow | $-742.00M | $-2.57B | $-1.81B | $-1.29B | $-812.50M | $-1.75B | $-1.11B |
| Stock Repurchased | $271.00M | $599.00M | $59.00M | $55.00M | $161.30M | $320.70M | $167.60M |
| Dividends Paid | $194.00M | $544.00M | $362.00M | $181.00M | $182.20M | $504.80M | $336.80M |
| Financing Cash Flow | $-215.00M | $-723.00M | $-260.00M | $284.00M | $-209.90M | $-1.19B | $-434.60M |
| Net Change in Cash | $24.00M | $22.00M | $60.00M | $21.00M | $-3.50M | $-21.50M | $364.30M |
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 | $4.21B | - | $12.46B | - |
| Cost of Revenue | $2.46B | - | $7.23B | - |
| Selling General & Admin | $422.00M | - | $1.27B | - |
| Operating Income | $836.00M | - | $2.50B | - |
| Interest Expense | $143.00M | - | $428.00M | - |
| Interest Income | $2.00M | - | $6.00M | - |
| Other Income/Expense | $7.00M | - | $22.00M | - |
| Income Before Tax | $645.00M | - | $2.03B | - |
| Income Tax Expense | $95.00M | - | $435.00M | - |
| Net Income | $549.67M | $512.00M | $1.59B | - |
| Basic EPS | 1.76 | - | 5.10 | - |
| Diluted EPS | 1.76 | - | 5.10 | - |
| Basic Shares Outstanding | $311.73M | - | $312.59M | - |
| Diluted Shares Outstanding | $312.01M | - | $312.88M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $84.00M | $74.00M |
| Accounts Receivable | $1.90B | $1.82B |
| Other Current Assets | $500.00M | $511.00M |
| Total Current Assets | $2.48B | $2.41B |
| Goodwill | $16.70B | $15.98B |
| Intangible Assets | $599.00M | $546.00M |
| Other Non-current Assets | $1.59B | $1.38B |
| Total Assets | $33.79B | $32.40B |
| Accounts Payable | $1.25B | $1.34B |
| Deferred Revenue | $504.00M | $485.00M |
| Total Current Liabilities | $4.26B | $4.13B |
| Long-term Debt | $12.35B | $11.85B |
| Other Non-current Liabilities | $563.00M | $588.00M |
| Common Stock | $3.00M | $3.00M |
| Retained Earnings | $10.81B | $9.77B |
| Total Stockholders Equity | $11.87B | $11.40B |
| Total Liabilities & Equity | $33.79B | $32.40B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $549.67M | $512.00M | $1.59B | - |
| Depreciation & Amortization | $459.00M | - | $1.36B | - |
| Stock-based Compensation | - | - | $33.00M | - |
| Deferred Income Tax | - | - | $130.00M | - |
| Change in Receivables | - | - | $78.00M | - |
| Change in Payables | - | - | $23.00M | - |
| Operating Cash Flow | - | - | $3.31B | - |
| Capital Expenditure | - | - | $1.31B | - |
| Acquisitions | - | - | $1.26B | - |
| Investing Cash Flow | - | - | $-2.57B | - |
| Stock Repurchased | - | - | $599.00M | - |
| Dividends Paid | - | - | $544.00M | - |
| Financing Cash Flow | - | - | $-723.00M | - |
| Net Change in Cash | - | - | $22.00M | - |
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.