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$194.78B
Revenue
$-6.67B
Net Income
98.63%
Gross Margin
-3.91%
Op. Margin
$8.65B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 16 of 16 annual reports available (2010 - 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)
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)
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)
+ Total Revenue $194.78B $194.78B $163.07B $154.00B $144.55B $125.98B $111.11B $74.64B $60.12B $48.38B $40.61B $22.76B $16.56B $10.86B $8.67B $5.34B $4.45B
Revenue Growth % 0.0% 19.4% 5.9% 6.5% 14.7% 13.4% 48.9% 24.2% 24.3% 19.1% 78.4% 37.4% 52.4% 25.3% 62.3% 20.1% nan%
Cost of Revenue $2.67B $2.67B $2.73B $3.56B $7.03B $4.89B $3.30B $2.46B $2.39B $1.85B $1.86B $1.62B $1.28B $326.92M $87.70M $78.11M $63.92M
+ Gross Profit $192.11B $14.21B $17.07B $17.64B - - - - - - - - - - - - -
Gross Margin % 98.6% 7.3% 10.5% 11.5% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan%
Operating Expenses $202.40B $202.40B $159.90B $151.07B $143.23B $124.20B $108.03B $72.86B $58.66B $47.18B $39.35B $22.05B $16.10B $10.59B $8.69B $5.15B $4.29B
Selling General & Admin $12.90B $12.90B $12.40B $12.56B $11.59B $10.17B $9.87B $6.53B $6.04B $4.45B $3.68B $1.80B $1.30B - - - -
+ Operating Income $-7.62B $-7.62B $3.17B $2.93B $1.32B $1.78B $3.08B $1.78B $1.46B $1.20B $1.26B $705.00M $464.00M $277.42M $-27.12M $190.32M $157.07M
Operating Margin % -3.9% -3.9% 1.9% 1.9% 0.9% 1.4% 2.8% 2.4% 2.4% 2.5% 3.1% 3.1% 2.8% 2.6% -0.3% 3.6% 3.5%
Interest Expense $1.10B $647.00M $688.00M $725.00M $665.00M $665.00M $728.00M $412.00M $343.00M $255.00M $217.00M $43.00M $35.00M $26.96M $20.46M $20.32M $17.99M
Other Income/Expense - $895.00M $1.08B $668.00M - - - - - - - - - - - - -
Income Before Tax $-6.73B $-6.73B $4.26B $3.60B $1.96B $1.81B $2.77B $1.78B $1.37B $1.13B $1.16B $697.00M $457.00M $268.92M $-11.62M $174.88M $154.28M
Income Tax Expense $-51.00M $-51.00M $963.00M $899.00M $760.00M $477.00M $979.00M $473.00M $474.00M $326.00M $599.00M $339.00M $196.00M $107.08M $-329.00K $66.52M $59.90M
+ Net Income $-6.67B $-6.67B $3.31B $2.70B $1.20B $1.35B $1.81B $1.32B $900.00M $828.00M $562.00M $355.00M $271.00M $165.10M $1.86M $111.22M $94.84M
Net Margin % -3.4% -3.4% 2.0% 1.8% 0.8% 1.1% 1.6% 1.8% 1.5% 1.7% 1.4% 1.6% 1.6% 1.5% 0.0% 2.1% 2.1%
Basic EPS -13.61 -13.53 6.33 4.97 2.09 2.31 3.17 3.19 2.31 4.80 3.52 2.98 2.33 3.05 0.04 2.22 1.95
Diluted EPS -13.62 -13.53 6.31 4.95 2.07 2.28 3.12 3.14 2.26 4.69 3.43 2.88 2.25 2.94 0.03 2.12 1.88
Basic Shares Outstanding - 493.1M 521.8M 543.3M 575.2M 582.8M 570.7M 413.5M 390.2M 344.9M 159.6M 119.1M 116.3M 54.1M 51.5M 50.2M 48.8M
Diluted Shares Outstanding - 493.1M 523.7M 545.7M 582.0M 590.5M 579.1M 420.4M 398.5M 353.4M 164.0M 123.1M 120.4M 56.2M 53.7M 52.5M 50.4M
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)
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)
Cash & Cash Equivalents $17.89B $14.06B $17.19B $12.07B $13.12B $10.80B $12.12B $5.34B $4.07B $3.93B $1.76B $1.55B $974.30M $843.95M $573.70M $434.17M
Short-term Investments $2.43B $2.62B $2.46B $2.32B $1.54B $1.58B $863.00M $722.00M $531.00M $505.00M $176.00M $177.00M $102.13M $139.12M $130.50M $21.35M
Other Current Assets $1.95B $1.60B $5.57B $2.46B $1.60B $1.32B $1.09B $784.00M $687.00M $832.00M $390.00M $324.00M $217.66M $127.08M $78.36M $64.15M
Total Current Assets $40.37B $38.00B $40.76B $30.13B $28.50B $23.39B $20.32B $12.00B $8.70B $8.37B $3.60B $3.03B $1.80B $1.37B $940.01M $656.82M
Property Plant & Equipment $2.04B $2.07B $2.02B $2.43B $3.39B $2.77B $2.12B $1.71B $1.10B $797.00M $518.00M $445.00M $395.41M $377.73M $349.62M $326.34M
Goodwill $10.84B $17.56B $17.56B $18.81B $19.77B $18.65B $6.86B $7.01B $4.75B $4.71B $842.00M $754.00M $348.43M $256.29M $281.98M $278.05M
Intangible Assets $4.53B $5.41B $6.10B $6.91B $7.82B $8.39B $2.06B $2.24B $1.40B $1.54B $155.00M $120.00M $48.78M $20.27M $27.43M $29.11M
Long-term Investments $17.04B $17.43B $16.29B $14.68B $14.04B $12.85B $7.72B $6.86B $5.31B $4.54B $1.93B $1.28B $791.90M $614.72M $506.14M $595.88M
Other Non-current Assets $528.00M $593.00M $535.00M $2.69B $3.78B $1.60B $1.25B $527.00M $454.00M $95.00M $177.00M $80.00M $59.36M $64.28M $58.34M $30.06M
Total Assets $76.75B $82.44B $84.64B $76.87B $78.38B $68.72B $40.99B $30.90B $21.86B $20.20B $7.34B $5.84B $3.53B $2.74B $2.19B $1.94B
Deferred Revenue $736.00M $661.00M $715.00M $478.00M $434.00M $523.00M $383.00M $385.00M $328.00M $313.00M $143.00M $168.00M $38.19M $34.60M $9.89M $117.34M
Total Current Liabilities $36.70B $34.26B $36.72B $28.46B $25.77B $21.59B $12.93B $11.97B $9.33B $8.62B $3.63B $2.90B $1.56B $1.20B $837.61M $765.25M
Long-term Debt $17.49B $18.42B $17.71B $17.94B $18.57B $16.68B $13.64B $6.65B $4.70B $4.65B $1.22B $888.00M $665.70M $535.48M $348.34M $327.82M
Deferred Tax Liabilities $833.00M $684.00M $641.00M $615.00M $1.41B $1.53B $189.00M - - - - - - - - -
Other Non-current Liabilities $1.81B $2.57B $3.62B $5.62B $5.61B $2.96B $1.73B $1.26B $952.00M $869.00M $170.00M $158.00M $60.02M $55.34M $67.96M $53.38M
Total Liabilities $56.69B $55.94B $58.69B $52.63B $51.35B $42.76B $28.30B $19.88B $14.98B $14.14B $5.01B $3.95B $2.29B $1.79B $1.25B $1.15B
Common Stock $1.00M $1.00M $1.00M $1.00M $1.00M $1.00M - - - - - - $59.00K $55.00K $54.00K $52.00K
Retained Earnings $8.67B $15.35B $12.04B $9.34B $8.14B $6.79B $4.98B $3.66B $2.75B $1.92B $1.36B $1.00B $731.92M $566.82M $564.96M $453.74M
Treasury Stock - - $5.86B $4.21B $1.09B $816.00M $214.00M $139.00M $244.00M $179.00M $147.00M $98.00M $89.64M $69.86M $57.12M $50.49M
Total Stockholders Equity $19.95B $26.41B $25.84B $24.06B $26.80B $25.77B $12.55B $10.92B $6.85B $5.89B $2.16B $1.74B $1.23B $953.06M $935.63M $793.94M
Total Liabilities & Equity $76.75B $82.44B $84.64B $76.87B $78.38B $68.72B $40.99B $30.90B $21.86B $20.20B $7.34B $5.84B $3.53B $2.74B $2.19B $1.94B
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)
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)
Net Income $-5.36B $-6.67B $3.31B $2.70B $1.20B $1.35B $1.81B $1.32B $900.00M $828.00M $562.00M $355.00M $271.00M $165.10M $1.86M $111.22M $94.84M
Depreciation & Amortization $2.22B $1.27B $1.24B $1.29B $1.55B $1.48B $1.26B $643.00M $495.00M $361.00M $278.00M $111.00M $89.00M $67.42M $65.87M $58.33M $52.00M
Stock-based Compensation $357.00M $204.00M $212.00M $216.00M $234.00M $203.00M $281.00M $177.00M $145.00M $135.00M $148.00M $71.00M $48.00M $36.66M $25.33M $18.17M $13.87M
Deferred Income Tax $-203.00M $-60.00M $13.00M $-78.00M $-631.00M $-132.00M $-51.00M $55.00M $-129.00M $-108.00M $92.00M $-17.00M $-42.00M $-2.29M $-14.44M $2.03M $10.32M
Operating Cash Flow $9.89B $5.09B $154.00M $8.05B $6.26B $4.21B $5.50B $1.48B $1.23B $1.49B $1.85B $658.00M $1.22B $382.53M $278.69M $261.70M $168.93M
Capital Expenditure $1.25B $767.00M $644.00M $799.00M $1.00B $910.00M $869.00M $730.00M $675.00M $422.00M $306.00M $150.00M $103.00M $67.83M $82.14M $68.99M $63.30M
Acquisitions - - - - $1.46B $534.00M $4.05B $36.00M $2.06B $50.00M - - - - - - $60.39M
Purchases of Investments $9.76B $4.54B $7.18B $6.62B $6.74B $7.40B $7.40B $2.58B $3.85B $2.70B $2.45B $1.32B $1.01B $790.65M $695.69M $318.40M $615.51M
Investing Cash Flow $-1.49B $472.00M $-1.05B $-1.19B $-2.92B $-3.30B $-6.96B $-1.53B $-4.58B $-1.26B $-2.40B $-813.00M $-848.00M $-342.10M $-187.91M $-129.08M $-210.61M
Debt Repayment $4.56B $1.90B $622.00M $2.32B $1.49B $7.43B $4.07B $17.80B $4.08B $1.35B $6.08B $1.58B $1.67B $41.59M $218.23M $416.28M $195.73M
Stock Issued $65.00M $37.00M $46.00M $44.00M $70.00M $35.00M - - $2.78B - - - - - - - -
Stock Repurchased $989.00M $475.00M $3.12B $1.63B $3.10B $297.00M $626.00M $75.00M $71.00M $65.00M $63.00M $53.00M $29.00M $19.78M $12.74M $7.81M $3.22M
Financing Cash Flow $-3.29B $-1.62B $-2.41B $-1.66B $-4.20B $1.36B $260.00M $6.83B $4.61B $-82.00M $2.72B $305.00M $198.00M $153.69M $179.47M $6.91M $72.09M
Net Change in Cash $5.11B $3.94B $-3.30B $5.17B $-868.00M $2.26B $-1.17B $6.78B $1.26B $153.00M $2.10B $150.00M $572.00M $194.12M $270.25M $139.53M $30.41M
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 $49.69B - $145.05B -
Cost of Revenue $651.00M - $1.99B -
Operating Expenses $56.64B - $150.93B -
Selling General & Admin $3.15B - $9.53B -
Operating Income $-6.95B - $-5.88B -
Interest Expense $170.00M - $458.00M -
Income Before Tax $-6.67B - $-5.18B -
Income Tax Expense $-42.00M - $392.00M -
Net Income $-6.63B - $-5.57B -
Basic EPS -13.50 - -11.29 -
Diluted EPS -13.50 - -11.29 -
Basic Shares Outstanding $491.14M - $493.64M -
Diluted Shares Outstanding $491.14M - $493.64M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $17.06B $14.06B
Short-term Investments $2.18B $2.62B
Other Current Assets $1.72B $1.60B
Total Current Assets $44.06B $38.00B
Property Plant & Equipment $2.16B $2.07B
Goodwill $10.84B $17.56B
Intangible Assets $4.84B $5.41B
Long-term Investments $18.18B $17.43B
Other Non-current Assets $593.00M $593.00M
Total Assets $82.09B $82.44B
Deferred Revenue $656.00M $661.00M
Total Current Liabilities $40.63B $34.26B
Long-term Debt $17.55B $18.42B
Deferred Tax Liabilities $810.00M $684.00M
Other Non-current Liabilities $2.05B $2.57B
Total Liabilities $61.03B $55.94B
Common Stock $1.00M $1.00M
Retained Earnings $9.78B $15.35B
Total Stockholders Equity $20.95B $26.41B
Total Liabilities & Equity $82.09B $82.44B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-6.63B - $-5.57B -
Depreciation & Amortization - - $946.00M -
Stock-based Compensation - - $146.00M -
Deferred Income Tax - - $13.00M -
Operating Cash Flow - - $4.65B -
Capital Expenditure - - $554.00M -
Purchases of Investments - - $3.77B -
Investing Cash Flow - - $-188.00M -
Debt Repayment - - $1.71B -
Stock Issued - - $29.00M -
Stock Repurchased - - $473.00M -
Financing Cash Flow - - $-1.43B -
Net Change in Cash - - $3.03B -

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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