$4.03B
Revenue
$410.35M
Net Income
67.19%
Gross Margin
13.53%
Op. Margin
$652.72M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $4.03B | $4.03B | $4.00B | $3.86B | $3.73B | $3.95B |
| Revenue Growth % | 0.0% | 0.9% | 3.5% | 3.4% | -5.5% | nan% |
| Cost of Revenue | $1.32B | $1.32B | $1.20B | $1.16B | $1.10B | $1.02B |
| Gross Profit | $2.71B | $2.71B | $2.80B | $2.71B | $2.63B | $2.94B |
| Gross Margin % | 67.2% | 67.2% | 70.0% | 70.1% | 70.5% | 74.3% |
| Operating Expenses | $2.17B | $2.17B | $2.19B | $2.06B | $1.99B | $1.96B |
| Research & Development | $369.91M | $369.91M | $364.20M | $346.83M | $305.26M | $250.31M |
| Selling General & Admin | $1.76B | $1.76B | $1.76B | $1.70B | $1.67B | $1.71B |
| Operating Income | $545.75M | $545.75M | $607.63M | $643.34M | $642.60M | $976.40M |
| Operating Margin % | 13.5% | 13.5% | 15.2% | 16.7% | 17.2% | 24.7% |
| Other Income/Expense | $23.49M | $23.49M | $-18.89M | $-19.39M | $-48.91M | $32.92M |
| Income Before Tax | $585.29M | $585.29M | $608.96M | $641.20M | $599.06M | $1.01B |
| Income Tax Expense | $174.94M | $174.94M | $187.60M | $196.15M | $237.48M | $240.40M |
| Net Income | $410.35M | $410.35M | $421.36M | $445.05M | $361.57M | $772.02M |
| Net Margin % | 10.2% | 10.2% | 10.5% | 11.5% | 9.7% | 19.5% |
| Basic EPS | nan | 5.66 | 5.63 | 5.82 | 4.62 | 9.78 |
| Diluted EPS | nan | 5.65 | 5.62 | 5.81 | 4.61 | 9.69 |
| Basic Shares Outstanding | -289K | 72.5M | 74.9M | 76.4M | 78.2M | 78.9M |
| Diluted Shares Outstanding | -292K | 72.6M | 75.0M | 76.6M | 78.4M | 79.7M |
| 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 | $1.09B | $1.04B | $937.44M | $942.05M | $1.10B |
| Accounts Receivable | $1.10B | $995.68M | $903.42M | $859.68M | $897.20M |
| Inventory | $226.34M | $254.29M | $296.90M | $338.75M | $230.23M |
| Other Current Assets | $47.27M | $81.58M | $273.55M | $226.37M | $195.31M |
| Total Current Assets | $2.62B | $2.49B | $2.45B | $2.42B | $2.49B |
| Property Plant & Equipment | $1.13B | $1.27B | $1.29B | $1.23B | $1.08B |
| Goodwill | $491.83M | $442.63M | $419.53M | $407.55M | $418.55M |
| Intangible Assets | $93.93M | $103.49M | $82.12M | $95.72M | $109.71M |
| Other Non-current Assets | $278.05M | $234.16M | $128.68M | $55.83M | $57.51M |
| Total Assets | $6.23B | $6.21B | $6.08B | $5.95B | $5.94B |
| Accounts Payable | $121.45M | $108.69M | $113.12M | $127.87M | $163.89M |
| Accrued Liabilities | $536.75M | $598.19M | $525.78M | $454.37M | $607.32M |
| Deferred Revenue | $1.26B | $1.33B | $1.43B | $1.34B | $1.15B |
| Total Current Liabilities | $1.92B | $2.04B | $2.07B | $1.93B | $1.92B |
| Other Non-current Liabilities | $113.82M | $139.91M | $173.06M | $195.97M | $174.60M |
| Total Liabilities | $2.18B | $2.36B | $2.45B | $2.35B | $2.32B |
| Common Stock | $7.00K | $7.00K | $7.00K | $8.00K | $8.00K |
| Retained Earnings | $2.46B | $2.48B | $2.45B | $2.57B | $2.62B |
| Total Stockholders Equity | $4.05B | $3.85B | $3.63B | $3.60B | $3.62B |
| Total Liabilities & Equity | $6.23B | $6.21B | $6.08B | $5.95B | $5.94B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $503.58M | $410.35M | $421.36M | $445.05M | $361.57M | $772.02M |
| Depreciation & Amortization | $237.44M | $237.44M | $145.03M | $142.40M | $125.79M | $108.73M |
| Stock-based Compensation | $230.87M | $185.87M | $173.70M | $154.03M | $133.37M | $114.34M |
| Deferred Income Tax | $66.01M | $33.09M | $25.76M | $-18.64M | $-39.49M | $15.46M |
| Change in Receivables | $326.62M | $139.91M | $153.49M | $104.61M | $-21.55M | $262.07M |
| Change in Inventory | $-17.25M | $-808.00K | $-25.05M | $-30.17M | $130.10M | $112.45M |
| Change in Payables | $6.39M | $5.33M | $-843.00K | $-7.70M | $-36.52M | $19.75M |
| Operating Cash Flow | $827.23M | $593.22M | $738.23M | $785.78M | $568.73M | $1.17B |
| Capital Expenditure | $174.50M | $102.44M | $115.58M | $177.72M | $291.90M | $401.10M |
| Acquisitions | - | - | $77.08M | - | $12.30M | $8.00M |
| Sales of Investments | - | - | $25.66M | $55.17M | $23.79M | $498.00K |
| Investing Cash Flow | $-194.50M | $-112.44M | $-254.91M | $-195.94M | $-213.32M | $-563.43M |
| Stock Issued | $49.57M | $21.75M | $25.28M | $26.59M | $26.15M | $25.62M |
| Stock Repurchased | $964.16M | $465.94M | $352.88M | $592.36M | $435.04M | $375.04M |
| Financing Cash Flow | $-974.39M | $-464.58M | $-355.72M | $-598.34M | $-501.69M | $-458.33M |
| Net Change in Cash | $-262.29M | $51.22M | $106.44M | $-3.84M | $-157.78M | $138.66M |
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 | $995.69M | $977.87M | $2.99B | $3.00B |
| Cost of Revenue | $356.49M | $296.10M | $959.98M | $901.58M |
| Gross Profit | $639.20M | $681.77M | $2.03B | $2.10B |
| Operating Expenses | $542.90M | $519.48M | $1.64B | $1.64B |
| Research & Development | $93.28M | $85.27M | $286.88M | $269.32M |
| Selling General & Admin | $417.80M | $434.14M | $1.31B | $1.34B |
| Operating Income | $96.30M | $162.30M | $390.43M | $463.48M |
| Other Income/Expense | $-4.81M | $-371.00K | $6.84M | $-6.99M |
| Income Before Tax | $94.73M | $165.93M | $408.69M | $468.18M |
| Income Tax Expense | $37.98M | $49.97M | $134.10M | $150.63M |
| Net Income | $56.75M | $115.96M | $274.59M | $317.56M |
| Basic EPS | 0.78 | 1.55 | 3.77 | 4.23 |
| Diluted EPS | 0.78 | 1.55 | 3.77 | 4.23 |
| Basic Shares Outstanding | $72.38M | $74.74M | $72.83M | $75.03M |
| Diluted Shares Outstanding | $72.42M | $74.76M | $72.88M | $75.15M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.00B | $1.04B |
| Accounts Receivable | $1.10B | $995.68M |
| Inventory | $228.16M | $254.29M |
| Other Current Assets | $174.11M | $198.58M |
| Total Current Assets | $2.53B | $2.49B |
| Property Plant & Equipment | $1.18B | $1.27B |
| Goodwill | $491.52M | $442.63M |
| Intangible Assets | $98.72M | $103.49M |
| Other Non-current Assets | $254.05M | $234.16M |
| Total Assets | $6.23B | $6.21B |
| Accounts Payable | $125.55M | $108.69M |
| Accrued Liabilities | $546.29M | $598.19M |
| Deferred Revenue | $1.29B | $1.33B |
| Total Current Liabilities | $1.97B | $2.04B |
| Other Non-current Liabilities | $111.75M | $139.91M |
| Total Liabilities | $2.28B | $2.36B |
| Common Stock | $7.00K | $7.00K |
| Retained Earnings | $2.42B | $2.48B |
| Total Stockholders Equity | $3.96B | $3.85B |
| Total Liabilities & Equity | $6.23B | $6.21B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $56.75M | $115.96M | $274.59M | $317.56M |
| Depreciation & Amortization | $55.72M | $37.79M | $135.44M | $106.91M |
| Stock-based Compensation | $48.38M | $49.04M | $141.58M | $134.85M |
| Deferred Income Tax | - | - | $-9.41M | $17.46M |
| Change in Receivables | - | - | $117.71M | $135.24M |
| Change in Inventory | - | - | $-3.06M | $-32.30M |
| Change in Payables | - | - | $6.73M | $-13.28M |
| Operating Cash Flow | - | - | $370.05M | $452.15M |
| Capital Expenditure | - | - | $66.53M | $92.62M |
| Acquisitions | - | - | - | $77.08M |
| Sales of Investments | - | - | - | $25.66M |
| Investing Cash Flow | - | - | $-76.53M | $-201.00M |
| Stock Issued | - | - | $21.75M | $25.28M |
| Stock Repurchased | - | - | $368.69M | $150.01M |
| Financing Cash Flow | - | - | $-367.17M | $-152.70M |
| Net Change in Cash | - | - | $-39.16M | $104.46M |
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.