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$45.18B
Revenue
$10.98B
Net Income
48.49%
Gross Margin
29.49%
Op. Margin
$9.33B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 16 annual reports available (2009 - 2025)
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)
+ Total Revenue $45.18B $45.18B $39.00B $33.72B $31.62B $29.70B
Revenue Growth % 0.0% 15.9% 15.6% 6.7% 6.5% nan%
Cost of Revenue $23.28B $23.28B $21.04B $19.72B $19.17B $17.33B
+ Gross Profit $21.91B $21.91B $17.96B $14.01B $12.45B $12.37B
Gross Margin % 48.5% 48.5% 46.1% 41.5% 39.4% 41.6%
Research & Development $3.39B $3.39B $2.93B $2.68B $2.71B $2.27B
+ Operating Income $13.33B $13.33B $10.42B $6.95B $5.63B $6.19B
Operating Margin % 29.5% 29.5% 26.7% 20.6% 17.8% 20.9%
Interest Expense $718.61M $718.61M $674.50M $699.83M $706.21M $765.62M
Other Income/Expense $172.46M $172.46M $266.78M $-48.77M $337.31M $411.21M
Income Before Tax $12.72B $12.72B $9.97B $6.21B $5.26B $5.84B
Income Tax Expense $1.74B $1.74B $1.25B $797.41M $772.00M $723.88M
+ Net Income $10.98B $10.98B $8.71B $5.41B $4.49B $5.12B
Net Margin % 24.3% 24.3% 22.3% 16.0% 14.2% 17.2%
Basic EPS 2.57 2.58 20.28 12.25 10.10 11.55
Diluted EPS 2.53 2.53 19.83 12.03 9.95 11.24
Basic Shares Outstanding - 4.25B 429.5M 441.6M 444.7M 443.2M
Diluted Shares Outstanding - 4.34B 439.3M 449.5M 451.3M 455.4M
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)
Cash & Cash Equivalents $9.03B $7.80B $7.12B $5.15B $6.03B
Short-term Investments $28.68M $1.78B $20.97M $911.28M -
Other Current Assets $3.96B $3.52B $2.78B $3.21B $2.04B
Total Current Assets $13.02B $13.10B $9.92B $9.27B $8.07B
Property Plant & Equipment $2.00B $1.59B $1.49B $1.40B $1.32B
Intangible Assets $32.78B $32.45B - - -
Other Non-current Assets $7.79B $6.48B $5.66B $5.19B $4.27B
Total Assets $55.60B $53.63B $48.73B $48.59B $44.58B
Accounts Payable $900.61M $899.91M $747.41M $671.51M $837.48M
Short-term Debt $998.87M $1.78B $399.84M - $699.82M
Accrued Liabilities $3.22B $2.16B $1.80B $1.51B $1.45B
Deferred Revenue $1.78B $1.52B $1.44B $1.26B $1.21B
Total Current Liabilities $10.98B $10.76B $8.86B $7.93B $8.49B
Long-term Debt $13.46B $13.80B $14.14B $14.35B $14.69B
Other Non-current Liabilities $2.96B $2.55B $2.56B $2.45B $2.46B
Total Liabilities $28.98B $28.89B $28.14B $27.82B $28.74B
Common Stock $7.29B $6.25B $5.15B $4.64B $4.02B
Retained Earnings $42.28B $31.30B $22.59B $17.18B $12.69B
Treasury Stock - - - - $824.19M
Total Stockholders Equity $26.62B $24.74B $20.59B $20.78B $15.85B
Total Liabilities & Equity $55.60B $53.63B $48.73B $48.59B $44.58B
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)
Net Income $10.98B $10.98B $8.71B $5.41B $4.49B $5.12B
Depreciation & Amortization $333.39M $333.39M $328.91M $356.95M $336.68M $208.41M
Stock-based Compensation $368.45M $368.45M $272.59M $339.37M $575.45M $403.22M
Deferred Income Tax - $-449.10M $-591.37M $-542.98M - -
Change in Payables $-284.46M $-8.04M $121.35M $93.50M $-158.54M $145.12M
Operating Cash Flow $10.15B $10.15B $7.36B $7.27B $2.03B $392.61M
Capital Expenditure $816.50M $688.22M $439.54M $348.55M $407.73M $524.59M
Acquisitions - $17.19M - - $757.39M $788.35M
Purchases of Investments $325.98M $169.97M $1.74B $504.86M $911.28M -
Investing Cash Flow $1.04B $1.04B $-2.18B $541.75M $-2.08B $-1.34B
Debt Repayment $2.63B $1.83B $400.00M - $700.00M $500.00M
Stock Issued - - - - - $174.41M
Stock Repurchased $12.66B $9.13B $6.26B $6.05B - $600.02M
Financing Cash Flow $-10.35B $-10.35B $-4.07B $-5.95B $-664.25M $-1.15B
Net Change in Cash $1.23B $1.23B $688.82M $1.95B $-884.53M $-2.18B
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 $11.51B $9.82B $33.13B $28.75B
Cost of Revenue $6.16B $5.12B $16.75B $15.27B
Research & Development $853.58M $735.06M $2.50B $2.15B
Operating Income $3.25B $2.91B $10.37B $8.14B
Interest Expense $175.29M $184.83M $542.12M $526.13M
Other Income/Expense $36.46M $-21.69M $126.99M $212.67M
Income Before Tax $3.11B $2.70B $9.95B $7.83B
Income Tax Expense $562.49M $339.44M $1.39B $988.37M
Net Income $2.55B $2.36B $8.56B $6.84B
Basic EPS 6.00 5.52 20.12 15.91
Diluted EPS 5.87 5.40 19.67 15.56
Basic Shares Outstanding $424.45M $428.24M $425.63M $430.12M
Diluted Shares Outstanding $434.04M $437.90M $435.28M $439.76M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $9.29B $7.80B
Short-term Investments $37.10M $1.78B
Other Current Assets $3.64B $3.52B
Total Current Assets $12.96B $13.10B
Property Plant & Equipment $1.84B $1.59B
Other Non-current Assets $7.49B $6.48B
Total Assets $54.93B $53.63B
Accounts Payable $793.23M $899.91M
Short-term Debt - $1.78B
Accrued Liabilities $3.11B $2.16B
Deferred Revenue $1.72B $1.52B
Total Current Liabilities $9.73B $10.76B
Long-term Debt $14.46B $13.80B
Other Non-current Liabilities $3.19B $2.55B
Total Liabilities $28.98B $28.89B
Common Stock $7.08B $6.25B
Retained Earnings $39.86B $31.30B
Total Stockholders Equity $25.95B $24.74B
Total Liabilities & Equity $54.93B $53.63B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $2.55B $2.36B $8.56B $6.84B
Depreciation & Amortization $87.33M $80.91M $247.41M $249.38M
Stock-based Compensation $80.99M $65.65M $233.82M $210.76M
Change in Payables $139.45M $30.60M $-125.93M $-134.03M
Operating Cash Flow $2.83B $2.32B $8.04B $5.82B
Capital Expenditure $164.72M $126.86M $448.88M $280.86M
Purchases of Investments $3.85M $1.74B $161.51M $1.74B
Investing Cash Flow $43.87M $-1.87B $1.30B $-2.02B
Debt Repayment - - $1.83B $400.00M
Stock Repurchased $1.86B $1.70B $7.05B $5.30B
Financing Cash Flow $-1.74B $226.60M $-8.27B $-3.40B
Net Change in Cash $1.11B $832.04M $1.48B $340.57M

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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