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$4.29B
Revenue
$703.00M
Net Income
66.21%
Gross Margin
18.19%
Op. Margin
$1.62B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 15 of 16 annual reports available (2010 - 2024)
Breakdown TTM
(Sep 30, 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 $4.29B $4.37B $4.50B $4.58B $4.53B $3.24B $3.54B $3.33B $2.75B $2.40B $2.22B $1.86B $1.42B $1.15B $1.06B $902.74M
Revenue Growth % -1.9% -2.9% -1.7% 1.3% 39.7% -8.6% 6.3% 21.1% 14.8% 8.0% 19.3% 31.0% 23.7% 8.8% 16.9% nan%
Cost of Revenue $1.45B $1.51B $1.76B $1.61B $1.37B $1.04B $1.08B $1.03B $926.00M $731.92M $670.47M $563.65M $509.29M $374.99M $346.44M $301.20M
+ Gross Profit $2.84B $2.86B $2.74B $2.97B $3.15B $2.20B $2.47B $2.30B $1.83B $1.67B $1.55B $1.30B $911.89M $773.53M $709.10M $601.54M
Gross Margin % 66.2% 65.4% 60.9% 64.8% 69.7% 68.0% 69.6% 69.0% 66.4% 69.5% 69.8% 69.7% 64.2% 67.4% 67.2% 66.6%
Operating Expenses $2.06B $3.69B $3.81B $7.15B $3.28B $1.62B $1.48B $1.42B $1.22B $1.08B $936.45M $783.00M $777.78M $572.78M $509.64M $389.89M
Research & Development $984.00M $1.17B $1.35B $1.32B $1.19B $682.00M $647.00M $623.00M $546.00M $504.42M $401.53M $388.06M $276.74M $231.03M $196.91M $177.95M
Selling General & Admin $1.06B $1.09B $1.61B $1.30B $2.09B $941.00M $835.00M $794.00M $674.00M $583.00M $524.66M $466.28M $381.04M $285.99M $261.84M $220.99M
+ Operating Income $780.00M $-833.00M $-1.07B $-4.18B $-123.00M $580.00M $985.00M $883.00M $606.00M $587.03M $612.84M $514.71M $134.11M $200.75M $199.46M $211.65M
Operating Margin % 18.2% -19.1% -23.7% -91.2% -2.7% 17.9% 27.8% 26.5% 22.0% 24.5% 27.6% 27.7% 9.4% 17.5% 18.9% 23.4%
Interest Expense $83.00M $83.00M $77.00M $26.00M $61.00M $49.00M $52.00M $57.00M $37.00M $33.18M $42.12M $41.73M $39.69M $37.78M $34.79M $24.60M
Interest Income $40.00M $46.00M $58.00M $11.00M - $41.00M $75.00M $44.00M $19.00M $9.80M $5.02M $3.90M $4.89M $16.21M $7.05M $8.38M
Other Income/Expense $175.00M $-292.00M $-29.00M $-142.00M $1.07B $284.00M $110.00M $24.00M $455.00M $-2.47M $-8.20M $-32.55M $-1.35M $-2.48M $-38.68M $-10.05M
Income Before Tax $895.00M $-1.18B $-1.12B $-4.34B $884.00M $856.00M $1.12B $894.00M $1.04B $561.18M $583.14M $448.76M $159.31M $222.61M $133.04M $185.38M
Income Tax Expense $192.00M $44.00M $44.00M $68.00M $122.00M $200.00M $128.00M $112.00M $365.00M $133.09M $125.75M $95.41M $34.01M $71.35M $46.42M $60.49M
+ Net Income $703.00M $-1.22B $-1.16B $-4.40B $762.00M $656.00M $1.00B $826.00M $726.00M $462.65M $461.56M $353.35M $125.31M $151.25M $86.63M $124.89M
Net Margin % 16.4% -28.0% -25.8% -96.1% 16.8% 20.3% 28.3% 24.8% 26.4% 19.3% 20.8% 19.0% 8.8% 13.2% 8.2% 13.8%
Basic EPS 4.47 -7.69 -7.34 -28.00 5.07 4.48 6.81 5.63 4.96 3.09 3.19 2.61 1.00 1.23 0.70 1.01
Diluted EPS 4.46 -7.69 -7.34 -28.00 5.04 4.45 6.74 5.56 4.92 3.07 3.10 2.37 0.90 1.13 0.62 0.87
Basic Shares Outstanding 153.0M 159.0M 158.0M 157.0M 150.0M 147.0M 147.0M 147.0M 146.0M 146.8M 144.8M 135.6M 125.1M 123.0M 123.4M 123.6M
Diluted Shares Outstanding 154.0M 159.0M 158.0M 157.0M 151.0M 148.0M 149.0M 149.0M 148.0M 148.0M 149.1M 149.0M 139.9M 133.7M 138.9M 143.4M
Breakdown 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 - - - - - - $1.14B $1.23B $734.52M $768.77M $636.15M $711.64M $433.98M $302.98M $248.95M
Short-term Investments $93.00M $6.00M $26.00M $107.00M $1.66B $1.37B $2.37B $920.00M $824.21M $617.45M $702.22M $453.97M $916.22M $886.59M $645.34M
Accounts Receivable $735.00M $734.00M $671.00M $648.00M $487.00M $573.00M $514.00M $411.00M $381.32M $385.53M $289.46M $238.95M $214.97M $173.89M $165.60M
Inventory $547.00M $587.00M $568.00M $431.00M $372.00M $359.00M $386.00M $333.00M $300.17M $270.78M $191.14M $154.10M $158.72M $128.78M $142.21M
Other Current Assets $244.00M $234.00M $285.00M $295.00M $152.00M $105.00M $78.00M $91.00M $77.88M $54.30M $29.84M $22.81M $32.70M $29.20M $36.92M
Total Current Assets $2.75B $2.61B $3.56B $2.71B $4.48B $4.45B $4.49B $2.98B $2.32B $2.10B $1.89B $1.62B $1.79B $1.54B $1.26B
Property Plant & Equipment $815.00M $1.01B $1.09B $1.02B $922.00M $889.00M $1.07B $931.00M $713.33M $342.69M $265.26M $202.67M $166.17M $143.48M $129.87M
Goodwill $1.11B $2.54B $3.24B $7.11B $897.00M $824.00M $831.00M $771.00M $776.00M $752.63M $724.90M $723.06M $369.33M $321.85M $278.21M
Intangible Assets $295.00M $2.99B $3.29B $3.25B $142.00M $145.00M $185.00M $175.00M $242.65M $273.62M $314.50M $331.17M $130.20M $106.47M $70.02M
Other Non-current Assets $348.00M $413.00M $423.00M $445.00M $589.00M $388.00M $308.00M $312.00M $107.21M $87.47M $95.52M $56.09M $73.16M $59.73M $63.11M
Total Assets $6.30B $10.11B $12.25B $15.22B $7.58B $7.32B $6.96B $5.26B $4.28B $3.69B $3.34B $3.02B $2.57B $2.20B $1.84B
Accounts Payable $221.00M $245.00M $293.00M $332.00M $192.00M $149.00M $184.00M $160.00M $137.93M $139.23M $82.63M $73.66M $65.73M $49.81M $66.74M
Accrued Liabilities $827.00M $1.32B $1.23B $761.00M $541.00M $516.00M $513.00M $432.00M $342.75M $396.34M $335.28M $219.12M $201.88M $187.77M $156.16M
Deferred Revenue $260.00M - - - - - - - - - - - - - -
Total Current Liabilities $1.55B $1.57B $2.77B $1.09B $1.24B $665.00M $1.80B $746.00M $704.66M $610.49M $722.16M $322.06M $304.57M $237.58M $534.52M
Long-term Debt - - - - $673.00M $1.14B $890.00M $1.18B $1.05B $1.02B $986.78M - - - -
Other Non-current Liabilities $339.00M $620.00M $649.00M $915.00M $303.00M $202.00M $359.00M $360.00M $213.96M $180.50M $167.90M $191.22M $134.37M $69.95M $28.53M
Common Stock $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $1.89M $1.86M $1.80M $1.75M $1.70M $1.67M $1.52M
Retained Earnings $-1.24B $-19.00M $1.14B $5.49B $4.72B $4.07B $3.08B $2.26B $1.49B $1.02B $561.21M $207.85M $82.55M $-68.71M $-155.34M
Treasury Stock - - - $3.70B $3.85B $3.02B $2.62B $2.34B $2.02B $1.67B $1.27B $1.24B $1.19B $1.11B $541.56M
Total Stockholders Equity $2.37B $5.75B $6.60B $10.74B $4.69B $4.61B $3.76B $2.75B $2.20B $1.85B $1.46B $1.53B $1.32B $1.08B $1.20B
Total Liabilities & Equity $6.30B $10.11B $12.25B $15.22B $7.58B $7.32B $6.96B $5.26B $4.28B $3.69B $3.34B $3.02B $2.57B $2.20B $1.84B
Breakdown TTM
(Sep 30, 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 $703.00M $-1.22B $-1.16B $-4.40B $762.00M $656.00M $1.00B $826.00M $726.00M $462.65M $461.56M $353.35M $125.31M $151.25M $86.63M $124.89M
Depreciation & Amortization - $354.00M $432.00M - - - - - - - - - - - - -
Stock-based Compensation $506.00M $370.00M $380.00M $366.00M $754.00M $194.00M $194.00M $193.00M $164.00M $129.06M $132.59M $152.55M $105.83M $94.32M $92.09M $71.64M
Deferred Income Tax - $-117.00M $-34.00M - - - - - - - - $99.85M $-36.66M $-21.70M $19.23M $48.70M
Change in Receivables $-63.00M $25.00M $40.00M $12.00M $164.00M $-89.00M $58.00M $105.00M $26.00M $-3.24M $95.91M $50.38M $15.93M $34.44M $7.01M $7.84M
Change in Inventory $33.00M $-19.00M $20.00M $135.00M $58.00M $12.00M $-25.00M $53.00M $33.00M $29.69M $80.55M $36.54M $-6.22M $23.71M $-22.15M $48.58M
Change in Payables $-23.00M $-4.00M $-44.00M $-38.00M $60.00M $40.00M $-35.00M $45.00M $10.00M $-1.97M $46.30M $-2.11M $2.39M - - -
Operating Cash Flow $1.84B $837.00M $478.00M $392.00M $545.00M $1.08B $1.05B $1.14B $875.00M $687.24M $659.60M $501.27M $386.42M $291.87M $358.14M $272.57M
Capital Expenditure $216.00M $128.00M $195.00M $286.00M $208.00M $189.00M $209.00M $296.00M $310.00M $259.89M $142.85M $106.00M $79.22M $68.78M $77.80M $49.82M
Acquisitions $21.00M $81.00M $29.00M $85.00M $2.44B $98.00M - $100.00M - $17.84M $36.58M $3.29M $523.50M $83.16M $58.30M $98.21M
Sales of Investments - - - - $331.00M $493.00M $1.39B $860.00M $321.00M $139.64M $294.22M $150.23M $289.20M $165.42M $160.01M $149.45M
Investing Cash Flow $-386.00M $-178.00M $-231.00M $-591.00M $-1.07B $-554.00M $745.00M $-1.81B $-214.00M $-514.54M $-106.15M $-406.62M $-69.65M $-150.01M $-401.00M $-285.05M
Stock Issued $99.00M $56.00M $67.00M $63.00M $60.00M $61.00M $59.00M $46.00M $71.00M $47.66M $71.84M $96.33M $94.46M $54.36M $61.94M $102.02M
Stock Repurchased $1.49B $116.00M - - - $736.00M $324.00M $201.00M $251.00M $249.34M $274.32M $237.18M $50.02M $82.52M $570.41M $44.02M
Financing Cash Flow $-1.49B $-570.00M $-1.21B $1.00B $-51.00M $-766.00M $-897.00M $594.00M $-176.00M $-204.71M $-418.76M $-166.75M $-38.72M $-10.76M $97.02M $116.47M
Net Change in Cash $-26.00M $79.00M $-963.00M $779.00M $-578.00M $-232.00M $898.00M $-81.00M $490.00M $-34.25M $132.62M $-75.48M $277.66M $131.00M $54.03M $104.31M
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 $1.08B - $3.18B -
Cost of Revenue $351.00M - $1.07B -
Gross Profit $733.00M - $2.11B -
Operating Expenses $506.00M - $1.50B -
Research & Development $229.00M - $728.00M -
Selling General & Admin $277.00M - $777.00M -
Operating Income $227.00M - $606.00M -
Interest Expense $25.00M - $75.00M -
Interest Income $9.00M - $30.00M -
Other Income/Expense $9.00M - $148.00M -
Income Before Tax $220.00M - $709.00M -
Income Tax Expense $70.00M - $193.00M -
Net Income $150.00M $-1.99B $516.00M -
Basic EPS 0.98 - 3.30 -
Diluted EPS 0.98 - 3.29 -
Basic Shares Outstanding $153.00M - $156.00M -
Diluted Shares Outstanding $154.00M - $157.00M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Short-term Investments $228.00M $93.00M
Accounts Receivable $729.00M $735.00M
Inventory $590.00M $547.00M
Other Current Assets $199.00M $244.00M
Total Current Assets $2.80B $2.75B
Property Plant & Equipment $748.00M $815.00M
Goodwill $1.11B $1.11B
Intangible Assets $225.00M $295.00M
Other Non-current Assets $423.00M $348.00M
Total Assets $6.18B $6.30B
Accounts Payable $218.00M $221.00M
Accrued Liabilities $746.00M $827.00M
Total Current Liabilities $1.96B $1.55B
Other Non-current Liabilities $334.00M $339.00M
Common Stock $2.00M $2.00M
Retained Earnings $-726.00M $-1.24B
Total Stockholders Equity $2.38B $2.37B
Total Liabilities & Equity $6.18B $6.30B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $150.00M $-1.99B $516.00M -
Stock-based Compensation - - $212.00M -
Change in Receivables - - $-13.00M -
Change in Inventory - - $43.00M -
Change in Payables - - $-13.00M -
Operating Cash Flow - - $758.00M -
Capital Expenditure - - $93.00M -
Acquisitions - - $7.00M -
Investing Cash Flow - - $-163.00M -
Stock Issued - - $44.00M -
Stock Repurchased - - $700.00M -
Financing Cash Flow - - $-681.00M -
Net Change in Cash - - $-77.00M -

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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