$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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.03B | $4.03B | $4.00B | $3.86B | $3.73B | $3.95B | $2.47B | $2.41B | $1.97B | $1.47B | $1.08B |
| Revenue Growth % | 0.0% | 0.9% | 3.5% | 3.4% | -5.5% | 59.9% | 2.7% | 22.4% | 33.5% | 36.4% | nan% |
| Cost of Revenue | $1.32B | $1.32B | $1.20B | $1.16B | $1.10B | $1.02B | $708.71M | $662.90M | $518.62M | $356.47M | $264.58M |
| Gross Profit | $2.71B | $2.71B | $2.80B | $2.71B | $2.63B | $2.94B | $1.76B | $1.74B | $1.45B | $1.12B | $815.29M |
| Gross Margin % | 67.2% | 67.2% | 70.0% | 70.1% | 70.5% | 74.3% | 71.3% | 72.5% | 73.6% | 75.8% | 75.5% |
| Operating Expenses | $2.17B | $2.17B | $2.19B | $2.06B | $1.99B | $1.96B | $1.38B | $1.20B | $981.30M | $763.34M | $566.37M |
| Research & Development | $369.91M | $369.91M | $364.20M | $346.83M | $305.26M | $250.31M | $175.31M | $157.36M | $128.90M | $97.56M | $75.72M |
| Selling General & Admin | $1.76B | $1.76B | $1.76B | $1.70B | $1.67B | $1.71B | $1.20B | $1.07B | $852.40M | - | - |
| Operating Income | $545.75M | $545.75M | $607.63M | $643.34M | $642.60M | $976.40M | $387.17M | $542.49M | $466.56M | $353.61M | $248.92M |
| Operating Margin % | 13.5% | 13.5% | 15.2% | 16.7% | 17.2% | 24.7% | 15.7% | 22.5% | 23.7% | 24.0% | 23.1% |
| Other Income/Expense | $23.49M | $23.49M | $-18.89M | $-19.39M | $-48.91M | $32.92M | $-11.35M | $7.68M | $-8.49M | $11.19M | $-6.36M |
| Income Before Tax | $585.29M | $585.29M | $608.96M | $641.20M | $599.06M | $1.01B | $378.95M | $562.65M | $466.65M | $364.80M | $242.57M |
| Income Tax Expense | $174.94M | $174.94M | $187.60M | $196.15M | $237.48M | $240.40M | $-1.40B | $112.35M | $57.72M | $130.16M | $51.20M |
| Net Income | $410.35M | $410.35M | $421.36M | $445.05M | $361.57M | $772.02M | $1.78B | $442.78M | $400.24M | $231.42M | $189.68M |
| Net Margin % | 10.2% | 10.2% | 10.5% | 11.5% | 9.7% | 19.5% | 71.8% | 18.4% | 20.4% | 15.7% | 17.6% |
| Basic EPS | nan | 5.66 | 5.63 | 5.82 | 4.62 | 9.78 | 22.55 | 5.57 | 5.00 | 2.89 | 2.38 |
| Diluted EPS | nan | 5.65 | 5.62 | 5.81 | 4.61 | 9.69 | 22.41 | 5.53 | 4.92 | 2.83 | 2.33 |
| Basic Shares Outstanding | -289K | 72.5M | 74.9M | 76.4M | 78.2M | 78.9M | 78.8M | 79.4M | 80.1M | 80.1M | 79.9M |
| Diluted Shares Outstanding | -292K | 72.6M | 75.0M | 76.6M | 78.4M | 79.7M | 79.2M | 80.1M | 81.4M | 81.8M | 81.5M |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.09B | $1.04B | $937.44M | $942.05M | $1.10B | $960.84M | $550.42M | $636.90M | $449.51M | $389.27M |
| Accounts Receivable | $1.10B | $995.68M | $903.42M | $859.68M | $897.20M | $657.70M | $550.29M | $439.01M | $322.82M | $247.41M |
| Inventory | $226.34M | $254.29M | $296.90M | $338.75M | $230.23M | $139.24M | $112.05M | $55.64M | $31.69M | $27.13M |
| Other Current Assets | $47.27M | $81.58M | $273.55M | $226.37M | $195.31M | $91.75M | $102.45M | $72.47M | $80.95M | $38.18M |
| Total Current Assets | $2.62B | $2.49B | $2.45B | $2.42B | $2.49B | $1.85B | $1.63B | $1.30B | $1.16B | $952.98M |
| Property Plant & Equipment | $1.13B | $1.27B | $1.29B | $1.23B | $1.08B | $734.72M | $631.73M | $521.33M | $348.79M | $175.17M |
| Goodwill | $491.83M | $442.63M | $419.53M | $407.55M | $418.55M | $444.82M | $63.92M | $64.03M | - | - |
| Intangible Assets | $93.93M | $103.49M | $82.12M | $95.72M | $109.71M | $130.07M | $11.77M | - | - | - |
| Other Non-current Assets | $278.05M | $234.16M | $128.68M | $55.83M | $57.51M | $35.15M | $39.61M | $26.99M | $38.38M | $13.32M |
| Total Assets | $6.23B | $6.21B | $6.08B | $5.95B | $5.94B | $4.83B | $2.50B | $2.05B | $1.78B | $1.40B |
| Accounts Payable | $121.45M | $108.69M | $113.12M | $127.87M | $163.89M | $142.13M | $87.25M | $64.26M | $36.78M | $28.60M |
| Accrued Liabilities | $536.75M | $598.19M | $525.78M | $454.37M | $607.32M | $405.58M | $319.96M | $234.68M | $194.20M | $134.33M |
| Deferred Revenue | $1.26B | $1.33B | $1.43B | $1.34B | $1.15B | $777.89M | $563.76M | $393.14M | $266.84M | $191.41M |
| Total Current Liabilities | $1.92B | $2.04B | $2.07B | $1.93B | $1.92B | $1.33B | $970.97M | $692.07M | $497.82M | $354.33M |
| Other Non-current Liabilities | $113.82M | $139.91M | $173.06M | $195.97M | $174.60M | $100.02M | $37.31M | $29.49M | $15.58M | $1.29M |
| Total Liabilities | $2.18B | $2.36B | $2.45B | $2.35B | $2.32B | $1.60B | $1.15B | $799.57M | $627.49M | $400.76M |
| Common Stock | $7.00K | $7.00K | $7.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K |
| Retained Earnings | $2.46B | $2.48B | $2.45B | $2.57B | $2.62B | $2.22B | $439.91M | $378.14M | $263.36M | $131.45M |
| Total Stockholders Equity | $4.05B | $3.85B | $3.63B | $3.60B | $3.62B | $3.23B | $1.35B | $1.25B | $1.15B | $995.39M |
| Total Liabilities & Equity | $6.23B | $6.21B | $6.08B | $5.95B | $5.94B | $4.83B | $2.50B | $2.05B | $1.78B | $1.40B |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $503.58M | $410.35M | $421.36M | $445.05M | $361.57M | $772.02M | $1.78B | $442.78M | $400.24M | $231.42M | $189.68M |
| Depreciation & Amortization | $237.44M | $237.44M | $145.03M | $142.40M | $125.79M | $108.73M | $93.54M | $78.99M | $54.73M | $37.74M | $24.00M |
| Stock-based Compensation | $230.87M | $185.87M | $173.70M | $154.03M | $133.37M | $114.34M | $98.43M | $88.18M | $70.76M | $58.85M | $54.15M |
| Deferred Income Tax | $66.01M | $33.09M | $25.76M | $-18.64M | $-39.49M | $15.46M | $-1.49B | $307.00K | $-15.68M | $17.57M | $-16.40M |
| Change in Receivables | $326.62M | $139.91M | $153.49M | $104.61M | $-21.55M | $262.07M | $139.78M | $121.01M | $109.22M | $90.99M | $94.44M |
| Change in Inventory | $-17.25M | $-808.00K | $-25.05M | $-30.17M | $130.10M | $112.45M | $29.11M | $58.27M | $24.11M | $5.48M | $7.66M |
| Change in Payables | $6.39M | $5.33M | $-843.00K | $-7.70M | $-36.52M | $19.75M | $52.21M | $22.10M | $25.05M | $8.18M | $-3.40M |
| Operating Cash Flow | $827.23M | $593.22M | $738.23M | $785.78M | $568.73M | $1.17B | $662.17M | $747.27M | $554.68M | $438.54M | $247.65M |
| Capital Expenditure | $174.50M | $102.44M | $115.58M | $177.72M | $291.90M | $401.10M | $154.92M | $149.71M | $223.31M | $195.69M | $70.58M |
| Acquisitions | - | - | $77.08M | - | $12.30M | $8.00M | $420.79M | - | - | $8.95M | - |
| Sales of Investments | - | - | $25.66M | $55.17M | $23.79M | $498.00K | $42.64M | $290.75M | $375.11M | - | - |
| Investing Cash Flow | $-194.50M | $-112.44M | $-254.91M | $-195.94M | $-213.32M | $-563.43M | $-231.51M | $-350.44M | $6.93M | $-248.31M | $72.85M |
| Stock Issued | $49.57M | $21.75M | $25.28M | $26.59M | $26.15M | $25.62M | $20.31M | $17.91M | $16.64M | $14.46M | $13.78M |
| Stock Repurchased | $964.16M | $465.94M | $352.88M | $592.36M | $435.04M | $375.04M | - | $400.00M | $300.00M | $103.79M | $96.22M |
| Financing Cash Flow | $-974.39M | $-464.58M | $-355.72M | $-598.34M | $-501.69M | $-458.33M | $-30.81M | $-485.54M | $-369.43M | $-135.50M | $-95.52M |
| Net Change in Cash | $-262.29M | $51.22M | $106.44M | $-3.84M | $-157.78M | $138.66M | $410.34M | $-86.43M | $187.44M | $57.11M | $221.78M |
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.