$9.36B
Revenue
$1.05B
Net Income
99.96%
Gross Margin
22.55%
Op. Margin
$-4.21B
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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.50B | $1.99B | $1.94B | $2.92B | $2.26B | $1.86B | $1.91B | $2.62B | $2.18B | $1.86B | $1.88B | $2.78B | $2.71B | $1.90B |
| Revenue Growth % (YoY) | 10.7% | 7.1% | 2.0% | 11.5% | 3.7% | -0.2% | 1.6% | -5.7% | -19.5% | -2.3% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | $1.00M | $2.00M | $1.00M | $1.00M | $1.00M | - | $1.00M | $1.00M | $1.00M | $57.00M | $40.00M | $61.00M | $52.00M |
| Gross Profit | $2.50B | $1.99B | $1.94B | $2.92B | $2.26B | $1.85B | $1.91B | $2.62B | $2.18B | $1.86B | $1.82B | $2.74B | $2.65B | $1.85B |
| Gross Margin % | 100.0% | 99.9% | 99.9% | 100.0% | 100.0% | 99.9% | 100.0% | 100.0% | 100.0% | 99.9% | 97.0% | 98.6% | 97.7% | 97.3% |
| Operating Expenses | $1.96B | $1.49B | $1.53B | $2.27B | $1.78B | $1.43B | $1.44B | $2.00B | $1.86B | $1.34B | $1.50B | $2.24B | $2.36B | $1.52B |
| Operating Income | $542.00M | $502.00M | $417.00M | $649.00M | $483.00M | $424.00M | $467.00M | $616.00M | $321.00M | $518.00M | $380.00M | $541.00M | $354.00M | $384.00M |
| Operating Margin % | 21.6% | 25.3% | 21.5% | 22.2% | 21.4% | 22.8% | 24.5% | 23.5% | 14.7% | 27.8% | 20.3% | 19.5% | 13.1% | 20.2% |
| Interest Expense | $140.00M | $763.00M | $487.00M | $290.00M | $185.00M | - | - | - | $175.00M | $176.00M | $165.00M | $148.00M | $136.00M | $116.00M |
| Other Income/Expense | $19.00M | $26.00M | $30.00M | $10.00M | $17.00M | $15.00M | $10.00M | $14.00M | $-2.00M | $13.00M | $13.00M | $13.00M | $-51.00M | $8.00M |
| Income Before Tax | $330.00M | $286.00M | $253.00M | $378.00M | $280.00M | $245.00M | $261.00M | $428.00M | $117.00M | $350.00M | $217.00M | $403.00M | $166.00M | $277.00M |
| Income Tax Expense | $66.00M | $-7.00M | $55.00M | $81.00M | $32.00M | $52.00M | $33.00M | $78.00M | $-75.00M | $68.00M | $99.00M | $78.00M | $32.00M | $75.00M |
| Net Income | $264.00M | $293.00M | $198.00M | $297.00M | $248.00M | $193.00M | $228.00M | $350.00M | $192.00M | $282.00M | $118.00M | $325.00M | $134.00M | $202.00M |
| Net Margin % | 10.5% | 14.7% | 10.2% | 10.2% | 11.0% | 10.4% | 12.0% | 13.4% | 8.8% | 15.2% | 6.3% | 11.7% | 4.9% | 10.6% |
| Basic EPS | 0.40 | 0.45 | 0.30 | 0.45 | 0.38 | 0.30 | 0.36 | 0.55 | 0.30 | 0.41 | 0.17 | 0.50 | 0.19 | 0.30 |
| Diluted EPS | 0.40 | 0.45 | 0.30 | 0.45 | 0.38 | 0.30 | 0.36 | 0.55 | 0.30 | 0.40 | 0.17 | 0.49 | 0.19 | 0.30 |
| Basic Shares Outstanding | - | 652.9M | 652.8M | 652.2M | 2.9M | 647.8M | 640.8M | 632.2M | 93K | 631.2M | 631.1M | 630.3M | 41K | 629.5M |
| Diluted Shares Outstanding | - | 656.0M | 654.0M | 653.3M | 2.8M | 648.2M | 641.8M | 634.0M | 142K | 633.0M | 633.0M | 633.1M | -587K | 633.1M |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $38.00M | $37.00M | $93.00M | $1.25B | $24.00M | $112.00M | $66.00M | $161.00M | $90.00M | $120.00M | $214.00M | $114.00M | $74.00M | $114.00M |
| Short-term Investments | $510.00M | $579.00M | $683.00M | $640.00M | $561.00M | $531.00M | $477.00M | $458.00M | $541.00M | $566.00M | $517.00M | $548.00M | $510.00M | $452.00M |
| Accounts Receivable | $806.00M | $787.00M | $798.00M | $869.00M | $717.00M | $701.00M | $633.00M | $675.00M | $710.00M | $767.00M | $638.00M | $874.00M | $889.00M | $773.00M |
| Other Current Assets | $140.00M | $101.00M | $102.00M | $113.00M | $123.00M | $96.00M | $112.00M | $131.00M | $145.00M | $134.00M | $155.00M | $147.00M | $171.00M | $141.00M |
| Total Current Assets | $5.70B | $2.95B | $2.93B | $4.14B | $4.38B | $4.27B | $4.08B | $4.29B | $3.03B | $3.02B | $2.80B | $3.14B | $4.70B | $4.08B |
| Property Plant & Equipment | $34.06B | $34.55B | $33.90B | $33.10B | $32.09B | $31.44B | $30.22B | $29.38B | $29.85B | $29.17B | $28.45B | $27.60B | $27.14B | $25.91B |
| Goodwill | $3.55B | $3.94B | $3.94B | $3.94B | $3.94B | $3.94B | $3.94B | $3.94B | $4.16B | $4.16B | $4.16B | $4.29B | $4.29B | $4.29B |
| Other Non-current Assets | $222.00M | $239.00M | $237.00M | $221.00M | $247.00M | $235.00M | $211.00M | $163.00M | $162.00M | $167.00M | $186.00M | $222.00M | $215.00M | $214.00M |
| Total Assets | $46.53B | $45.05B | $44.10B | $44.49B | $43.77B | $42.89B | $40.98B | $40.20B | $39.72B | $39.00B | $38.10B | $37.75B | $38.55B | $36.72B |
| Accounts Payable | $1.30B | $968.00M | $903.00M | $1.04B | $1.32B | $1.68B | $1.06B | $753.00M | $917.00M | $763.00M | $832.00M | $934.00M | $1.35B | $1.03B |
| Short-term Debt | $500.00M | $500.00M | $500.00M | $500.00M | $500.00M | - | $2.00M | - | $4.00M | $4.00M | $2.00M | $500.00M | $511.00M | $514.00M |
| Deferred Revenue | $89.00M | $95.00M | $95.00M | $94.00M | $93.00M | $96.00M | $95.00M | $97.00M | $111.00M | $110.00M | $109.00M | $109.00M | $110.00M | $109.00M |
| Other Current Liabilities | $566.00M | $476.00M | $409.00M | $345.00M | $525.00M | $461.00M | $433.00M | $394.00M | $510.00M | $407.00M | $347.00M | $344.00M | $452.00M | $295.00M |
| Total Current Liabilities | $6.26B | $5.74B | $3.69B | $4.44B | $4.04B | $3.84B | $3.41B | $3.43B | $3.86B | $3.89B | $3.18B | $3.15B | $5.11B | $4.61B |
| Long-term Debt | $20.57B | $19.40B | $20.56B | $20.36B | $20.40B | $19.73B | $18.51B | $18.12B | $17.56B | $16.84B | $16.03B | $15.78B | $14.84B | $13.44B |
| Deferred Tax Liabilities | $4.60B | $4.55B | $4.52B | $4.48B | $4.39B | $4.38B | $4.32B | $4.29B | $4.08B | $4.13B | $4.04B | $3.99B | $3.99B | $3.97B |
| Other Non-current Liabilities | $770.00M | $780.00M | $843.00M | $759.00M | $722.00M | $786.00M | $744.00M | $725.00M | $763.00M | $829.00M | $833.00M | $793.00M | $774.00M | $835.00M |
| Common Stock | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M |
| Retained Earnings | $2.04B | $1.93B | $1.92B | $1.87B | $1.57B | $1.47B | $1.54B | $1.44B | $1.09B | $1.03B | $1.03B | $1.03B | $709.00M | $719.00M |
| Total Stockholders Equity | $11.15B | $11.04B | $11.02B | $10.96B | $10.67B | $10.54B | $10.35B | $10.00B | $9.67B | $9.59B | $10.37B | $10.36B | $10.04B | $9.99B |
| Total Liabilities & Equity | $46.53B | $45.05B | $44.10B | $44.49B | $43.77B | $42.89B | $40.98B | $40.20B | $39.72B | $39.00B | $38.10B | $37.75B | $38.55B | $36.72B |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $264.00M | $293.00M | $495.00M | $297.00M | $248.00M | $193.00M | $578.00M | $350.00M | $192.00M | $282.00M | $443.00M | $325.00M | $134.00M | $202.00M |
| Depreciation & Amortization | $405.00M | $392.00M | $733.00M | $363.00M | $356.00M | $1.08B | $749.00M | $363.00M | $359.00M | $374.00M | $349.00M | $319.00M | $314.00M | $974.00M |
| Deferred Income Tax | $38.00M | $84.00M | $74.00M | $45.00M | $-17.00M | $238.00M | $200.00M | $193.00M | $-63.00M | $94.00M | $22.00M | $-13.00M | $-6.00M | $26.00M |
| Change in Inventory | $-47.00M | $64.00M | $-24.00M | $-110.00M | $-23.00M | $-19.00M | $-52.00M | $-93.00M | $-104.00M | $-63.00M | $-142.00M | $-95.00M | $35.00M | $224.00M |
| Change in Payables | $256.00M | $-271.00M | $-330.00M | $-216.00M | $457.00M | $-247.00M | $-83.00M | $-70.00M | $141.00M | $-443.00M | $-403.00M | $-323.00M | $322.00M | $-119.00M |
| Operating Cash Flow | $774.00M | $1.71B | $970.00M | $410.00M | $889.00M | $1.25B | $1.11B | $538.00M | $808.00M | $3.07B | $2.48B | $1.71B | $485.00M | $1.32B |
| Capital Expenditure | $1.48B | $3.39B | $2.17B | $1.04B | $2.01B | $2.50B | $1.66B | $845.00M | $1.08B | $3.32B | $2.26B | $1.12B | $1.34B | $3.08B |
| Investing Cash Flow | $-1.41B | $-2.60B | $-1.34B | $-234.00M | $-1.93B | $-2.56B | $-1.60B | $-844.00M | $-1.04B | $-3.19B | $-2.15B | $-1.16B | $-1.40B | $-229.00M |
| Debt Repayment | $506.00M | $1.07B | $1.03B | $11.00M | $87.00M | $963.00M | $463.00M | $22.00M | $577.00M | $2.61B | $2.61B | $2.04B | $276.00M | $1.52B |
| Stock Issued | - | - | - | - | - | $494.00M | $247.00M | $3.00M | - | - | - | - | - | - |
| Dividends Paid | $143.00M | $431.00M | $287.00M | $143.00M | $138.00M | $384.00M | $254.00M | $126.00M | $126.00M | $359.00M | $240.00M | $120.00M | $112.00M | $328.00M |
| Financing Cash Flow | $644.00M | $905.00M | $440.00M | $1.05B | $942.00M | $1.33B | $459.00M | $376.00M | $206.00M | $168.00M | $-187.00M | $-519.00M | $875.00M | $-1.22B |
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 | $1.99B | $1.86B | $6.85B | $6.38B |
| Cost of Revenue | $1.00M | $1.00M | $4.00M | $2.00M |
| Operating Expenses | $1.49B | $1.43B | $5.28B | $4.87B |
| Operating Income | $502.00M | $424.00M | $1.57B | $1.51B |
| Interest Expense | - | - | $763.00M | $620.00M |
| Other Income/Expense | $26.00M | $15.00M | $66.00M | $39.00M |
| Income Before Tax | $286.00M | $245.00M | $917.00M | $934.00M |
| Income Tax Expense | $-7.00M | $52.00M | $129.00M | $163.00M |
| Net Income | $293.00M | $193.00M | $788.00M | $771.00M |
| Basic EPS | 0.45 | 0.30 | 1.21 | 1.20 |
| Diluted EPS | 0.45 | 0.30 | 1.20 | 1.20 |
| Basic Shares Outstanding | $652.86M | $647.80M | $652.61M | $640.29M |
| Diluted Shares Outstanding | $656.03M | $648.21M | $654.68M | $641.36M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $37.00M | $24.00M |
| Short-term Investments | $579.00M | $561.00M |
| Accounts Receivable | $787.00M | $717.00M |
| Other Current Assets | $101.00M | $123.00M |
| Total Current Assets | $2.95B | $4.38B |
| Property Plant & Equipment | $34.55B | $32.09B |
| Goodwill | $3.94B | $3.94B |
| Other Non-current Assets | $239.00M | $247.00M |
| Total Assets | $45.05B | $43.77B |
| Accounts Payable | $968.00M | $1.32B |
| Short-term Debt | $500.00M | $500.00M |
| Deferred Revenue | $95.00M | $93.00M |
| Other Current Liabilities | $476.00M | $525.00M |
| Total Current Liabilities | $5.74B | $4.04B |
| Long-term Debt | $19.40B | $20.40B |
| Deferred Tax Liabilities | $4.55B | $4.39B |
| Other Non-current Liabilities | $780.00M | $722.00M |
| Common Stock | $6.00M | $6.00M |
| Retained Earnings | $1.93B | $1.57B |
| Total Stockholders Equity | $11.04B | $10.67B |
| Total Liabilities & Equity | $45.05B | $43.77B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $293.00M | $193.00M | $788.00M | $771.00M |
| Depreciation & Amortization | $392.00M | $334.00M | $1.12B | $1.08B |
| Deferred Income Tax | - | - | $84.00M | $238.00M |
| Change in Inventory | - | - | $64.00M | $-19.00M |
| Change in Payables | - | - | $-271.00M | $-247.00M |
| Operating Cash Flow | - | - | $1.71B | $1.25B |
| Capital Expenditure | - | - | $3.39B | $2.50B |
| Investing Cash Flow | - | - | $-2.60B | $-2.56B |
| Debt Repayment | - | - | $1.07B | $963.00M |
| Stock Issued | - | - | - | $494.00M |
| Dividends Paid | - | - | $431.00M | $384.00M |
| Financing Cash Flow | - | - | $905.00M | $1.33B |
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.