$45.18B
Revenue
$10.98B
Net Income
48.49%
Gross Margin
29.49%
Op. Margin
$9.33B
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 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
FY 2009 (Dec 31, 2009) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $45.18B | $45.18B | $39.00B | $33.72B | $31.62B | $29.70B | $25.00B | $20.16B | $15.79B | $8.83B | $6.78B | $5.50B | $4.37B | $3.61B | $3.20B | $2.16B | $1.67B |
| Revenue Growth % | 0.0% | 15.9% | 15.6% | 6.7% | 6.5% | 18.8% | 24.0% | 27.6% | 78.9% | 30.3% | 23.2% | 25.8% | 21.2% | 12.6% | 48.2% | 29.5% | nan% |
| Cost of Revenue | $23.28B | $23.28B | $21.04B | $19.72B | $19.17B | $17.33B | $15.28B | $12.44B | $9.97B | $6.26B | $4.59B | $3.75B | $3.08B | $2.63B | $2.04B | $1.36B | $1.08B |
| Gross Profit | $21.91B | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.16B | $805.27M | $591.00M |
| Gross Margin % | 48.5% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | 36.3% | 37.2% | 35.4% |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $788.61M | $521.63M | $399.06M |
| Research & Development | $3.39B | $3.39B | $2.93B | $2.68B | $2.71B | $2.27B | $1.83B | - | - | - | $650.79M | $472.32M | $378.77M | $329.01M | $259.03M | $163.33M | $114.54M |
| Operating Income | $13.33B | $13.33B | $10.42B | $6.95B | $5.63B | $6.19B | $4.59B | $2.60B | $1.61B | $379.79M | $305.83M | $402.65M | $228.35M | $49.99M | $376.07M | $283.64M | $191.94M |
| Operating Margin % | 29.5% | 29.5% | 26.7% | 20.6% | 17.8% | 20.9% | 18.3% | 12.9% | 10.2% | 4.3% | 4.5% | 7.3% | 5.2% | 1.4% | 11.7% | 13.1% | 11.5% |
| Interest Expense | $718.61M | $718.61M | $674.50M | $699.83M | $706.21M | $765.62M | $767.50M | $626.02M | $420.49M | $150.11M | $132.72M | $50.22M | $29.14M | $19.99M | $20.02M | $19.63M | $6.47M |
| Other Income/Expense | $172.46M | $172.46M | $266.78M | $-48.77M | $337.31M | $411.21M | $-618.44M | $84.00M | $41.73M | $30.83M | $-31.23M | $-3.06M | $-3.00M | $474.00K | $3.48M | - | - |
| Income Before Tax | $12.72B | $12.72B | $9.97B | $6.21B | $5.26B | $5.84B | $3.20B | $2.06B | $1.23B | $260.51M | $141.88M | $349.37M | $171.07M | $30.48M | $359.52M | $267.70M | $192.19M |
| Income Tax Expense | $1.74B | $1.74B | $1.25B | $797.41M | $772.00M | $723.88M | $437.95M | $195.31M | $15.22M | $73.83M | $19.24M | $82.57M | $58.67M | $13.33M | $133.40M | $106.84M | $76.33M |
| Net Income | $10.98B | $10.98B | $8.71B | $5.41B | $4.49B | $5.12B | $2.76B | $1.87B | $1.21B | $186.68M | $122.64M | $266.80M | $112.40M | $17.15M | $226.13M | $160.85M | $115.86M |
| Net Margin % | 24.3% | 24.3% | 22.3% | 16.0% | 14.2% | 17.2% | 11.0% | 9.3% | 7.7% | 2.1% | 1.8% | 4.8% | 2.6% | 0.5% | 7.1% | 7.4% | 6.9% |
| Basic EPS | 2.57 | 2.58 | 20.28 | 12.25 | 10.10 | 11.55 | 6.26 | 4.26 | 2.78 | 0.44 | 0.29 | 4.44 | 1.93 | 0.31 | 4.28 | 3.06 | 2.05 |
| Diluted EPS | 2.53 | 2.53 | 19.83 | 12.03 | 9.95 | 11.24 | 6.08 | 4.13 | 2.68 | 0.43 | 0.28 | 4.32 | 1.85 | 0.29 | 4.16 | 2.96 | 1.98 |
| Basic Shares Outstanding | - | 4.25B | 429.5M | 441.6M | 444.7M | 443.2M | 440.9M | 437.8M | 435.4M | 428.8M | 425.9M | 60.1M | 58.2M | 55.5M | 52.8M | 52.5M | 56.6M |
| Diluted Shares Outstanding | - | 4.34B | 439.3M | 449.5M | 451.3M | 455.4M | 454.2M | 451.8M | 451.2M | 438.7M | 436.5M | 61.7M | 60.8M | 58.9M | 54.4M | 54.3M | 58.4M |
| 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 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
FY 2009 (Dec 31, 2009) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $9.03B | $7.80B | $7.12B | $5.15B | $6.03B | $8.21B | $5.02B | $3.79B | $1.47B | $1.81B | $1.11B | $604.97M | $290.29M | $508.05M | $194.50M | $134.22M |
| Short-term Investments | $28.68M | $1.78B | $20.97M | $911.28M | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | $3.96B | $3.52B | $2.78B | $3.21B | $2.04B | $1.56B | $1.16B | $748.47M | $260.20M | $215.13M | $206.27M | $151.94M | $64.62M | $57.33M | $47.36M | $23.82M |
| Total Current Assets | $13.02B | $13.10B | $9.92B | $9.27B | $8.07B | $9.76B | $6.18B | $9.69B | $5.72B | $5.43B | $3.94B | $3.06B | $2.24B | $1.83B | $640.97M | $411.01M |
| Property Plant & Equipment | $2.00B | $1.59B | $1.49B | $1.40B | $1.32B | $960.18M | $565.22M | $418.28M | $250.40M | $173.41M | $149.88M | $133.60M | $131.68M | $136.35M | $128.57M | $131.65M |
| Intangible Assets | $32.78B | $32.45B | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $7.79B | $6.48B | $5.66B | $5.19B | $4.27B | $3.17B | $2.73B | $901.03M | $341.42M | $284.80M | $192.98M | $129.12M | $89.41M | $55.05M | $14.09M | $12.30M |
| Total Assets | $55.60B | $53.63B | $48.73B | $48.59B | $44.58B | $39.28B | $33.98B | $25.97B | $13.59B | $10.20B | $7.06B | $5.41B | $3.97B | $3.07B | $982.07M | $679.73M |
| Accounts Payable | $900.61M | $899.91M | $747.41M | $671.51M | $837.48M | $656.18M | $674.35M | $562.99M | $312.84M | $253.49M | $201.58M | $108.44M | $86.47M | $86.99M | $222.82M | $91.47M |
| Short-term Debt | $998.87M | $1.78B | $399.84M | - | $699.82M | $499.88M | - | - | - | - | - | - | - | - | - | - |
| Accrued Liabilities | $3.22B | $2.16B | $1.80B | $1.51B | $1.45B | $1.10B | $843.04M | $477.42M | $197.63M | $140.39M | $69.75M | $54.02M | $53.14M | $54.23M | $36.49M | $33.39M |
| Deferred Revenue | $1.78B | $1.52B | $1.44B | $1.26B | $1.21B | $1.12B | $924.75M | $760.90M | $443.47M | $346.72M | $274.59M | $215.77M | $169.47M | $148.80M | $127.18M | $100.10M |
| Total Current Liabilities | $10.98B | $10.76B | $8.86B | $7.93B | $8.49B | $7.81B | $6.86B | $6.49B | $4.59B | $3.53B | $2.66B | $2.15B | $1.68B | $1.23B | $388.58M | $226.37M |
| Long-term Debt | $13.46B | $13.80B | $14.14B | $14.35B | $14.69B | $15.81B | $14.76B | $10.36B | $3.36B | $2.37B | $900.00M | $500.00M | $200.00M | - | - | $200.00M |
| Other Non-current Liabilities | $2.96B | $2.55B | $2.56B | $2.45B | $2.46B | $1.98B | $1.44B | $129.23M | $61.19M | $52.10M | $59.96M | $79.21M | $70.67M | $61.70M | $69.20M | $17.65M |
| Total Liabilities | $28.98B | $28.89B | $28.14B | $27.82B | $28.74B | $28.22B | $26.39B | $20.74B | $10.91B | $7.98B | $5.20B | $4.08B | $3.22B | $2.43B | $691.90M | $480.59M |
| Common Stock | $7.29B | $6.25B | $5.15B | $4.64B | $4.02B | $3.45B | $2.79B | $2.32B | $1.60B | $1.32B | $60.00K | $60.00K | $56.00K | $55.00K | $53.00K | $53.00K |
| Retained Earnings | $42.28B | $31.30B | $22.59B | $17.18B | $12.69B | $7.57B | $4.81B | $2.94B | $1.13B | $941.92M | $819.28M | $552.49M | $440.08M | $422.93M | $237.74M | $198.82M |
| Treasury Stock | - | - | - | - | $824.19M | - | - | - | - | - | - | - | - | - | - | - |
| Total Stockholders Equity | $26.62B | $24.74B | $20.59B | $20.78B | $15.85B | $11.07B | $7.58B | $5.24B | $2.68B | $2.22B | $1.86B | $1.33B | $744.67M | $642.81M | $290.16M | $199.14M |
| Total Liabilities & Equity | $55.60B | $53.63B | $48.73B | $48.59B | $44.58B | $39.28B | $33.98B | $25.97B | $13.59B | $10.20B | $7.06B | $5.41B | $3.97B | $3.07B | $982.07M | $679.73M |
| 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 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
FY 2009 (Dec 31, 2009) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $10.98B | $10.98B | $8.71B | $5.41B | $4.49B | $5.12B | $2.76B | $1.87B | $1.21B | $186.68M | $122.64M | $266.80M | $112.40M | $17.15M | $226.13M | $160.85M | $115.86M |
| Depreciation & Amortization | $333.39M | $333.39M | $328.91M | $356.95M | $336.68M | $208.41M | $115.71M | $103.58M | $83.16M | $57.53M | $62.28M | $54.03M | $48.37M | $45.47M | $43.75M | $38.10M | $38.04M |
| Stock-based Compensation | $368.45M | $368.45M | $272.59M | $339.37M | $575.45M | $403.22M | $415.18M | $405.38M | $320.66M | $173.68M | $124.72M | $115.24M | $73.10M | $73.95M | $61.58M | $28.00M | $12.62M |
| Deferred Income Tax | - | $-449.10M | $-591.37M | $-542.98M | - | - | - | - | $-85.52M | $-46.85M | $-58.66M | $-30.06M | $-22.04M | $-30.07M | $-18.60M | $-962.00K | $6.33M |
| Change in Payables | $-284.46M | $-8.04M | $121.35M | $93.50M | $-158.54M | $145.12M | $-41.60M | $96.06M | $199.20M | $32.25M | $51.62M | $83.81M | $18.37M | $-3.76M | $23.97M | $19.21M | $-2.26M |
| Operating Cash Flow | $10.15B | $10.15B | $7.36B | $7.27B | $2.03B | $392.61M | $2.43B | $-2.89B | $-2.68B | $-1.47B | $-749.44M | $16.48M | $97.83M | $22.77M | $317.71M | $276.40M | $325.06M |
| Capital Expenditure | $816.50M | $688.22M | $439.54M | $348.55M | $407.73M | $524.59M | $497.92M | $253.03M | $173.95M | $107.65M | $91.25M | $69.73M | $54.14M | $41.46M | $49.68M | $33.84M | $45.93M |
| Acquisitions | - | $17.19M | - | - | $757.39M | $788.35M | - | - | - | - | - | - | - | - | - | - | - |
| Purchases of Investments | $325.98M | $169.97M | $1.74B | $504.86M | $911.28M | - | - | - | - | - | - | - | - | - | - | - | - |
| Sales of Investments | - | - | - | - | - | - | - | - | - | $140.25M | $104.76M | $141.95M | $60.92M | $29.36M | $38.10M | $15.82M | $35.67M |
| Investing Cash Flow | $1.04B | $1.04B | $-2.18B | $541.75M | $-2.08B | $-1.34B | $-505.35M | $-387.06M | $-339.12M | $49.77M | $-179.19M | $-42.87M | $-255.97M | $-245.92M | $-265.81M | $-116.08M | $-246.08M |
| Debt Repayment | $2.63B | $1.83B | $400.00M | - | $700.00M | $500.00M | - | - | - | - | - | - | $219.36M | - | - | - | - |
| Stock Issued | - | - | - | - | - | $174.41M | $235.41M | $72.49M | $124.50M | $36.98M | $77.98M | $60.54M | $124.56M | $-464.00K | $199.95M | - | $35.27M |
| Stock Repurchased | $12.66B | $9.13B | $6.26B | $6.05B | - | $600.02M | - | - | - | - | - | - | - | - | $199.67M | $210.26M | $324.33M |
| Financing Cash Flow | $-10.35B | $-10.35B | $-4.07B | $-5.95B | $-664.25M | $-1.15B | $1.24B | $4.51B | $4.05B | $1.09B | $1.64B | $541.71M | $476.26M | $5.59M | $261.66M | $-100.05M | $-84.64M |
| Net Change in Cash | $1.23B | $1.23B | $688.82M | $1.95B | $-884.53M | $-2.18B | $3.20B | $1.23B | $989.25M | $-341.75M | $695.72M | $508.64M | $314.67M | $-217.76M | $313.55M | $60.27M | $-5.66M |
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.