$11.95B
Revenue
$2.62B
Net Income
-
Gross Margin
35.11%
Op. Margin
$2.33B
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 | $3.20B | $2.92B | $2.78B | $3.05B | $2.74B | $2.65B | $2.34B |
| Revenue Growth % (YoY) | 16.6% | 10.2% | 19.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | $485.00M | $478.00M | $643.00M | $622.00M | $524.00M | $441.00M |
| Gross Profit | - | $2.44B | $2.30B | $2.40B | $2.12B | $2.13B | $1.90B |
| Gross Margin % | nan% | 83.4% | 82.8% | 78.9% | 77.3% | 80.2% | 81.1% |
| Operating Expenses | $2.15B | $1.81B | $1.84B | $1.95B | $1.95B | $1.81B | $1.64B |
| Selling General & Admin | - | $168.00M | $168.00M | $194.00M | $188.00M | $170.00M | $164.00M |
| Operating Income | $1.05B | $1.11B | $945.00M | $1.09B | $793.00M | $838.00M | $696.00M |
| Operating Margin % | 32.8% | 37.9% | 34.0% | 35.9% | 28.9% | 31.6% | 29.8% |
| Interest Expense | $371.00M | $372.00M | $350.00M | $349.00M | $338.00M | $338.00M | - |
| Other Income/Expense | $18.00M | $21.00M | $16.00M | $14.00M | $13.00M | $31.00M | $33.00M |
| Income Before Tax | $1.02B | $929.00M | $757.00M | $922.00M | $608.00M | $968.00M | $555.00M |
| Income Tax Expense | $244.00M | $246.00M | $174.00M | $193.00M | $91.00M | $227.00M | $129.00M |
| Net Income | $734.00M | $647.00M | $546.00M | $691.00M | $486.00M | $706.00M | $401.00M |
| Net Margin % | 23.0% | 22.1% | 19.6% | 22.7% | 17.7% | 26.6% | 17.2% |
| Basic EPS | 0.60 | 0.53 | 0.45 | 0.57 | 0.39 | 0.58 | 0.33 |
| Diluted EPS | 0.60 | 0.53 | 0.45 | 0.56 | 0.40 | 0.58 | 0.33 |
| Basic Shares Outstanding | - | 1.22B | 1.22B | 1.22B | 163K | 1.22B | 1.22B |
| Diluted Shares Outstanding | - | 1.23B | 1.22B | 1.22B | 510K | 1.22B | 1.22B |
| 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) |
|---|---|---|---|---|---|---|---|
| Accounts Receivable | $2.08B | $1.48B | $1.56B | $1.78B | $1.86B | $1.31B | $1.40B |
| Inventory | $314.00M | $339.00M | $335.00M | $249.00M | $279.00M | $275.00M | $274.00M |
| Other Current Assets | $256.00M | $225.00M | $218.00M | $224.00M | $192.00M | $208.00M | $170.00M |
| Total Current Assets | $3.24B | $2.27B | $3.22B | $2.54B | $2.66B | $2.70B | $2.12B |
| Property Plant & Equipment | $42.00B | $40.38B | $39.77B | $39.16B | $38.69B | $37.97B | $36.70B |
| Goodwill | $466.00M | - | - | - | $466.00M | - | - |
| Other Non-current Assets | $2.01B | $1.89B | $1.84B | $1.82B | $1.83B | $1.66B | $1.58B |
| Total Assets | $58.57B | $55.74B | $56.14B | $54.92B | $54.53B | $53.84B | $52.41B |
| Accounts Payable | $2.22B | $1.41B | $1.41B | $1.55B | $1.61B | $1.14B | $1.19B |
| Accrued Liabilities | - | - | - | - | - | $1.20B | $1.23B |
| Other Current Liabilities | $1.64B | $1.47B | $1.52B | $1.29B | $1.36B | - | - |
| Total Current Liabilities | $6.11B | $5.38B | $6.01B | $6.27B | $5.31B | $4.72B | $4.70B |
| Long-term Debt | $27.32B | $25.59B | $25.60B | $24.12B | $24.74B | $24.82B | $24.10B |
| Common Stock | $1.26B | $1.26B | $1.26B | $1.26B | $1.26B | $1.26B | $1.26B |
| Retained Earnings | $-12.24B | $-12.35B | $-12.39B | $-12.32B | $-12.40B | $-12.30B | $-12.42B |
| Treasury Stock | $1.18B | $1.18B | $1.18B | $1.18B | $1.18B | $1.18B | $1.18B |
| Total Stockholders Equity | $12.81B | $12.52B | $12.44B | $12.49B | $12.44B | $12.43B | $12.30B |
| Total Liabilities & Equity | $58.57B | $55.74B | $56.14B | $54.92B | $54.53B | $53.84B | $52.41B |
| 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 | $734.00M | $647.00M | $1.24B | $691.00M | $486.00M | $706.00M | $401.00M |
| Depreciation & Amortization | $593.00M | $564.00M | $1.19B | $585.00M | $565.00M | $566.00M | $1.09B |
| Stock-based Compensation | $23.00M | $70.00M | $49.00M | $30.00M | $30.00M | $69.00M | $48.00M |
| Change in Inventory | $-21.00M | $66.00M | $61.00M | $-28.00M | $3.00M | $6.00M | $3.00M |
| Change in Payables | $474.00M | $-359.00M | $-265.00M | $-29.00M | $456.00M | $-317.00M | $-219.00M |
| Operating Cash Flow | $1.58B | $4.32B | $2.88B | $1.43B | $1.22B | $3.76B | $2.51B |
| Capital Expenditure | $1.96B | $2.94B | $1.98B | $1.01B | $768.00M | $1.80B | $1.12B |
| Acquisitions | - | $1.00M | $1.00M | $1.00M | $249.00M | $2.00B | $1.84B |
| Investing Cash Flow | $-2.29B | $-3.20B | $-2.19B | $-1.17B | $-1.07B | $-3.79B | $-3.06B |
| Debt Repayment | $1.09B | $1.73B | $975.00M | $853.00M | $660.00M | $2.29B | $2.27B |
| Stock Issued | - | $9.00M | $5.00M | $5.00M | $2.00M | $8.00M | $5.00M |
| Stock Repurchased | - | - | - | - | - | - | - |
| Dividends Paid | $610.00M | $1.83B | $1.22B | $610.00M | $579.00M | $1.74B | $1.16B |
| Financing Cash Flow | $704.00M | $-1.11B | $154.00M | $-223.00M | $-850.00M | $-1.35B | $-1.55B |
| Net Change in Cash | $-7.00M | $10.00M | $843.00M | $40.00M | $-702.00M | $-1.39B | $-2.10B |
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 | $2.92B | $2.65B | $8.75B | $7.76B |
| Operating Expenses | $1.81B | $1.81B | $5.60B | $5.21B |
| Selling General & Admin | $168.00M | $170.00M | $530.00M | $520.00M |
| Operating Income | $1.11B | $838.00M | $3.15B | $2.55B |
| Interest Expense | $372.00M | $338.00M | $1.07B | $1.03B |
| Other Income/Expense | $21.00M | $31.00M | $51.00M | $95.00M |
| Income Before Tax | $929.00M | $968.00M | $2.61B | $2.38B |
| Income Tax Expense | $246.00M | $227.00M | $613.00M | $549.00M |
| Net Income | $647.00M | $706.00M | $1.88B | $1.74B |
| Basic EPS | 0.53 | 0.58 | 1.54 | 1.43 |
| Diluted EPS | 0.53 | 0.58 | 1.54 | 1.42 |
| Basic Shares Outstanding | $1.22B | $1.22B | $1.22B | $1.22B |
| Diluted Shares Outstanding | $1.23B | $1.22B | $1.22B | $1.22B |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Accounts Receivable | $1.48B | $1.86B |
| Inventory | $339.00M | $279.00M |
| Other Current Assets | $225.00M | $192.00M |
| Total Current Assets | $2.27B | $2.66B |
| Property Plant & Equipment | $40.38B | $38.69B |
| Other Non-current Assets | $1.89B | $1.83B |
| Total Assets | $55.74B | $54.53B |
| Accounts Payable | $1.41B | $1.61B |
| Other Current Liabilities | $1.47B | $1.36B |
| Total Current Liabilities | $5.38B | $5.31B |
| Long-term Debt | $25.59B | $24.74B |
| Common Stock | $1.26B | $1.26B |
| Retained Earnings | $-12.35B | $-12.40B |
| Treasury Stock | $1.18B | $1.18B |
| Total Stockholders Equity | $12.52B | $12.44B |
| Total Liabilities & Equity | $55.74B | $54.53B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $647.00M | $706.00M | $1.88B | $1.74B |
| Depreciation & Amortization | $564.00M | $566.00M | $1.75B | $1.65B |
| Stock-based Compensation | - | - | $70.00M | $69.00M |
| Change in Inventory | - | - | $66.00M | $6.00M |
| Change in Payables | - | - | $-359.00M | $-317.00M |
| Operating Cash Flow | - | - | $4.32B | $3.76B |
| Capital Expenditure | - | - | $2.94B | $1.80B |
| Acquisitions | - | - | $1.00M | $2.00B |
| Investing Cash Flow | - | - | $-3.20B | $-3.79B |
| Debt Repayment | - | - | $1.73B | $2.29B |
| Stock Issued | - | - | $9.00M | $8.00M |
| Dividends Paid | - | - | $1.83B | $1.74B |
| Financing Cash Flow | - | - | $-1.11B | $-1.35B |
| Net Change in Cash | - | - | $10.00M | $-1.39B |
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.