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$40.55B
Revenue
$1.16B
Net Income
18.66%
Gross Margin
4.32%
Op. Margin
$-44.00M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 16 of 16 annual reports available (2010 - 2025)
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)
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 $40.55B $40.55B $35.77B $31.95B $30.83B $27.75B $23.83B $23.89B $21.34B $14.21B $13.07B $10.86B $9.05B $7.18B $6.51B $5.91B $5.12B
Revenue Growth % 0.0% 13.4% 12.0% 3.6% 11.1% 16.5% -0.3% 12.0% 50.2% 8.7% 20.4% 20.0% 26.0% 10.3% 10.3% 15.4% nan%
Cost of Revenue $32.98B $32.98B $28.81B $25.68B $24.24B $21.58B $19.05B $18.69B $16.45B $14.31B $13.42B $7.08B $5.61B $4.19B $3.74B $3.46B $2.96B
+ Gross Profit $7.57B $7.57B $6.96B $6.27B $6.59B $6.17B $4.78B $5.21B $4.89B $-95.49M $-349.32M $3.77B $3.44B $3.00B $2.77B $2.45B $2.16B
Gross Margin % 18.7% 18.7% 19.4% 19.6% 21.4% 22.2% 20.1% 21.8% 22.9% -0.7% -2.7% 34.8% 38.0% 41.7% 42.5% 41.5% 42.1%
Operating Expenses - - - - - - - - $3.37B $2.86B $2.78B $2.63B $2.44B $2.10B $2.00B $1.88B $4.68B
+ Operating Income $1.75B $1.75B $1.41B $1.12B $1.51B $1.64B $969.76M $1.26B $1.09B $1.07B $815.49M $835.94M $792.25M $616.13M $585.08M $462.86M $446.38M
Operating Margin % 4.3% 4.3% 4.0% 3.5% 4.9% 5.9% 4.1% 5.3% 5.1% 7.5% 6.2% 7.7% 8.8% 8.6% 9.0% 7.8% 8.7%
Interest Expense $776.00M $448.00M $396.00M $191.00M $89.22M $41.07M $67.46M $86.67M $107.27M $136.81M $144.85M $118.88M $112.03M $135.08M $175.07M $150.25M $191.15M
Interest Income - - - - - - - - $8.59M $9.85M $8.05M $6.31M $6.23M $6.29M $7.64M $9.44M $8.42M
Other Income/Expense $18.00M $19.00M $39.00M $61.00M $-11.86M $203.61M $17.39M $28.91M $93.02M $9.40M $4.69M $-3.81M $12.18M $13.52M $11.09M $-2.71M -
Income Before Tax $1.59B $1.59B $1.22B $1.28B $1.66B $2.41B $969.97M $1.36B $1.38B $1.16B $880.73M $879.73M $777.26M $508.99M $489.48M - -
Income Tax Expense $318.00M $317.00M $182.00M $250.00M $234.23M $567.51M $214.10M $69.89M $313.06M $466.15M $296.66M $320.85M $263.76M $187.19M $185.32M $189.10M $130.37M
+ Net Income $1.16B $1.16B $968.00M $986.00M $1.41B $1.84B $751.99M $1.28B $1.06B $691.48M $571.97M $547.13M $484.50M $316.54M $315.56M $239.16M $200.34M
Net Margin % 2.9% 2.9% 2.7% 3.1% 4.6% 6.6% 3.2% 5.4% 5.0% 4.9% 4.4% 5.0% 5.4% 4.4% 4.8% 4.0% 3.9%
Basic EPS 3.88 3.88 3.16 3.20 4.36 5.48 2.24 3.82 3.13 2.05 1.71 1.64 1.47 0.96 0.98 0.75 0.64
Diluted EPS 3.86 3.85 3.14 3.15 4.29 5.41 2.22 3.77 3.10 2.03 1.69 1.63 1.45 0.95 0.97 0.74 0.63
Basic Shares Outstanding - 298.2M 305.9M 308.4M 322.8M 335.2M 335.2M 335.8M 339.3M 337.7M 335.4M 332.6M 330.6M 328.1M 322.3M 318.5M 313.9M
Diluted Shares Outstanding - 300.8M 308.0M 312.6M 327.7M 339.7M 338.4M 340.5M 343.1M 340.8M 338.4M 336.4M 334.2M 331.8M 327.0M 323.7M 319.0M
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)
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 $1.86B $1.11B $1.26B $1.32B $2.43B $1.90B $971.78M $777.22M $751.77M $762.58M $540.40M $740.88M $491.91M $1.09B $1.09B $506.57M
Accounts Receivable $8.28B $7.00B $6.37B $5.33B $5.15B $4.39B $4.47B $3.67B $3.21B $2.61B $2.47B $1.74B $1.49B $1.26B $1.14B $940.17M
Other Current Assets $552.00M $321.00M $315.00M $557.01M $371.66M $293.32M $276.32M $245.61M $227.42M $179.66M $220.96M $84.40M $67.45M $52.70M $42.38M $47.87M
Total Current Assets $13.49B $9.97B $9.67B $8.53B $10.08B $8.85B $7.53B $6.75B $5.45B $5.12B $5.31B $3.52B $2.88B $4.08B $3.55B $2.26B
Property Plant & Equipment $1.05B $914.00M $907.00M $836.04M $816.09M $815.01M $836.21M $721.69M $617.74M $560.76M $529.82M $497.93M $458.60M $379.18M $295.49M $188.40M
Goodwill $7.05B $5.62B $5.13B $4.87B $5.00B $3.82B $3.75B $3.65B $3.25B $2.98B $3.09B $2.33B $2.29B $1.89B $1.83B $1.32B
Intangible Assets $2.97B $2.30B $2.08B $2.19B $2.41B $1.37B $1.38B $1.44B $1.40B $1.41B $1.45B $802.36M $841.23M $786.79M $794.33M $332.86M
Other Non-current Assets $1.83B $1.88B $1.55B $1.11B $875.74M $747.41M $668.54M $619.40M $422.96M $366.39M $293.24M $168.94M $164.99M $143.14M $141.79M $95.20M
Total Assets $30.88B $24.38B $22.55B $20.51B $22.07B $18.04B $16.20B $13.46B $11.48B $10.78B $11.02B $7.65B $7.00B $7.81B $7.22B $5.12B
Short-term Debt $2.46B $906.00M - - - - $981.71M $1.33B $910.78M $1.25B $1.75B $506.05M $517.10M $1.10B $758.20M $471.37M
Deferred Revenue $448.00M $375.00M $297.60M $276.33M $280.66M $162.04M $108.67M $82.23M $100.61M - - - - - - -
Other Current Liabilities $447.00M $345.00M $218.00M $226.17M $199.42M $160.60M $122.34M $90.75M $74.45M $102.72M $70.66M $63.75M $56.64M $43.20M $42.38M $15.15M
Total Current Liabilities $12.32B $9.29B $8.24B $8.24B $8.42B $7.14B $6.44B $5.80B $4.61B $4.53B $4.99B $2.88B $2.61B $2.97B $2.68B $1.96B
Long-term Debt $5.05B $3.25B $2.80B $1.09B $1.54B $1.38B $1.76B $1.77B $2.00B $2.55B $2.65B $1.83B $1.80B $2.35B $2.40B $1.39B
Deferred Tax Liabilities $238.00M $247.00M $255.00M $282.07M $405.26M $124.48M $34.59M - - - - - - - - -
Other Non-current Liabilities $1.34B $945.00M $903.00M $1.01B $1.04B $625.30M $454.42M $596.20M $543.23M $524.03M $430.58M $329.50M $295.47M $274.37M $220.39M $128.79M
Total Liabilities $21.25B $15.19B $13.48B $11.91B $12.71B $10.53B $9.92B $8.45B $7.40B $7.72B $8.26B $5.35B $5.06B $6.13B $5.80B $4.06B
Common Stock $3.00M $3.00M $3.00M $3.11M $3.33M $3.36M $3.35M $3.37M $3.40M $3.37M $3.34M $3.33M $3.32M $3.30M $3.28M $3.24M
Retained Earnings $9.92B $9.57B $9.19B $8.83B $8.37B $6.53B $5.79B $4.50B $3.35B $2.66B $2.09B $1.54B $1.06B $740.05M $424.50M $185.34M
Total Stockholders Equity $8.88B $8.41B $8.27B $7.85B $8.53B $7.08B $6.23B $4.94B $4.02B $3.01B $2.71B $2.26B $1.90B $1.54B $1.15B $908.22M
Total Liabilities & Equity $30.88B $24.38B $22.55B $20.51B $22.07B $18.04B $16.20B $13.46B $11.48B $10.78B $11.02B $7.65B $7.00B $7.81B $7.22B $5.12B
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)
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 $1.16B $1.16B $968.00M $986.00M $1.41B $1.84B $751.99M $1.28B $1.06B $691.48M $571.97M $547.13M $484.50M $316.54M $315.56M $239.16M $200.34M
Depreciation & Amortization $729.00M $729.00M $674.00M $622.00M $613.09M $525.87M $501.73M $439.22M $451.99M $406.11M $366.93M $314.10M $265.10M $190.39M $169.65M $115.72M $108.38M
Stock-based Compensation $204.00M $120.00M $146.00M $96.00M $160.32M $184.93M $60.39M $127.74M $128.17M $93.09M $63.48M $74.71M $59.76M $48.43M $51.71M $44.33M -
Deferred Income Tax - $-269.00M $-194.00M $-121.00M - - - - $-11.40M $-8.99M $-9.64M $-14.94M $-28.47M $-11.59M $2.06M $6.15M -
Change in Receivables - - - - - - - - - $483.71M $236.92M $231.98M $307.98M $76.95M $142.79M $123.67M $180.13M
Operating Cash Flow $524.00M $1.56B $1.71B $480.00M $1.63B $2.36B $1.83B $1.22B $1.13B $894.41M $616.99M - - $745.11M $291.08M $361.22M $616.59M
Capital Expenditure $568.00M $366.00M $307.00M $305.00M $260.14M $209.85M $266.57M $293.51M $227.80M $178.04M $191.21M $139.46M $171.24M $156.36M $150.23M $147.98M $68.46M
Acquisitions - - - - - - - - - - $10.48M $161.11M $147.06M $504.15M $44.90M $49.79M $70.39M
Investing Cash Flow $-2.56B $-1.63B $-1.51B $-681.00M $-832.46M $-1.28B $-341.58M $-721.02M $-560.68M $-302.60M $-150.52M - $-151.56M $-464.99M $-197.67M $-480.25M $-62.50M
Stock Repurchased $2.07B $968.00M $627.00M $665.00M $1.85B $368.60M $50.03M $145.14M $161.03M - - - - - - - -
Financing Cash Flow $3.21B $796.00M $-221.00M $154.00M $-1.77B $-490.63M $-625.26M $-271.95M $-506.60M $-627.74M $-220.68M - $-232.07M $-866.28M $-100.69M $711.33M $-784.22M
Net Change in Cash $1.40B $793.00M $-150.00M $-34.00M $-1.13B $500.53M $945.50M $229.80M $39.12M $-6.59M $218.25M $-200.48M $248.97M $-597.38M $-3.88M $586.61M $-234.98M
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 $10.26B $9.04B $28.92B $25.36B
Cost of Revenue $8.30B $7.25B $23.51B $20.52B
Operating Income $481.00M $368.00M $1.13B $819.00M
Interest Expense - - $326.00M $307.00M
Other Income/Expense $3.00M $12.00M $10.00M $26.00M
Income Before Tax $487.00M $312.00M $1.03B $605.00M
Income Tax Expense $91.00M $67.00M $203.00M $70.00M
Net Income $363.00M $225.00M $741.00M $481.00M
Basic EPS 1.22 0.73 2.48 1.57
Diluted EPS 1.21 0.73 2.46 1.56
Basic Shares Outstanding $297.56M $306.25M $298.59M $306.27M
Diluted Shares Outstanding $300.26M $308.31M $301.05M $308.28M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.67B $1.11B
Accounts Receivable $7.56B $7.00B
Other Current Assets $525.00M $321.00M
Total Current Assets $12.57B $9.97B
Property Plant & Equipment $976.00M $914.00M
Goodwill $6.40B $5.62B
Intangible Assets $2.43B $2.30B
Other Non-current Assets $1.84B $1.88B
Total Assets $28.57B $24.38B
Deferred Revenue $382.00M $375.00M
Other Current Liabilities $392.00M $345.00M
Total Current Liabilities $11.15B $9.29B
Long-term Debt $4.32B $3.25B
Deferred Tax Liabilities $242.00M $247.00M
Other Non-current Liabilities $1.28B $945.00M
Total Liabilities $19.27B $15.19B
Common Stock $3.00M $3.00M
Retained Earnings $9.77B $9.57B
Total Stockholders Equity $8.54B $8.41B
Total Liabilities & Equity $28.57B $24.38B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $363.00M $225.00M $741.00M $481.00M
Depreciation & Amortization $181.00M $178.00M $540.00M $497.00M
Stock-based Compensation - - $110.00M $112.00M
Operating Cash Flow - - $338.00M $368.00M
Capital Expenditure - - $222.00M $214.00M
Investing Cash Flow - - $-664.00M $-1.49B
Stock Repurchased - - $680.00M $110.00M
Financing Cash Flow - - $832.00M $927.00M
Net Change in Cash - - $588.00M $-214.00M

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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