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$32.79B
Revenue
$14.97B
Net Income
-
Gross Margin
57.63%
Op. Margin
$26.16B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 17 annual reports available (2009 - 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)
+ Total Revenue $32.79B $32.79B $28.17B $25.10B $22.24B $18.88B $15.30B $16.88B $14.95B $12.50B $10.78B
Revenue Growth % 0.0% 16.4% 12.2% 12.9% 17.8% 23.4% -9.4% 12.9% 19.6% 16.0% nan%
Operating Expenses $13.89B $13.89B $12.59B $11.09B $9.97B $8.80B $7.22B $7.22B $7.67B $5.88B $5.01B
+ Operating Income $18.90B $18.90B $15.58B $14.01B $12.26B $10.08B $8.08B $9.66B $7.28B $6.62B $5.76B
Operating Margin % 57.6% 57.6% 55.3% 55.8% 55.2% 53.4% 52.8% 57.2% 48.7% 53.0% 53.5%
Interest Expense $680.00M $680.00M $571.00M $575.00M $471.00M $431.00M $380.00M $224.00M $186.00M $154.00M $95.00M
Other Income/Expense $166.00M $166.00M $20.00M $-7.00M $23.00M - $5.00M $27.00M $-14.00M $-2.00M $-63.00M
Income Before Tax $18.58B $18.58B $15.25B $13.64B $11.73B $10.31B $7.76B $9.73B $7.20B $6.52B $5.65B
Income Tax Expense $3.61B $3.61B $2.38B $2.44B $1.80B $1.62B $1.35B $1.61B $1.34B $2.61B $1.59B
+ Net Income $14.97B $14.97B $12.87B $11.20B $9.93B $8.69B $6.41B $8.12B $5.86B $3.92B $4.06B
Net Margin % 45.6% 45.6% 45.7% 44.6% 44.7% 46.0% 41.9% 48.1% 39.2% 31.3% 37.7%
Basic EPS 16.55 16.54 13.91 11.86 10.26 8.79 6.40 7.98 5.63 3.67 3.70
Diluted EPS 16.52 16.52 13.89 11.83 10.22 8.76 6.37 7.94 5.60 3.65 3.69
Basic Shares Outstanding - 905.0M 925.0M 944.0M 968.0M 988.0M 1.00B 1.02B 1.04B 1.07B 1.10B
Diluted Shares Outstanding - 906.0M 927.0M 946.0M 971.0M 992.0M 1.01B 1.02B 1.05B 1.07B 1.10B
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 $10.57B $8.44B $8.59B $7.01B $7.42B $10.11B $6.99B $6.68B $5.93B $6.72B
Accounts Receivable $4.61B $3.77B $4.06B $3.42B $3.01B $2.65B $2.51B $2.28B $1.97B $1.42B
Other Current Assets $1.21B $1.14B $2.64B $2.35B $2.27B $1.88B $1.76B $1.43B $1.04B $850.00M
Total Current Assets $23.56B $19.72B $18.96B $16.61B $16.95B $19.11B $16.90B $16.17B $13.80B $13.23B
Property Plant & Equipment $2.30B $2.14B $2.06B - - - $1.83B $921.00M $829.00M $733.00M
Goodwill $9.56B $9.19B $7.66B $7.52B $7.66B $4.96B $4.02B $2.90B $3.04B $1.76B
Intangible Assets $5.55B $5.45B $4.09B $3.86B $3.67B $1.75B $1.42B $991.00M $1.12B $722.00M
Other Non-current Assets $11.62B $9.96B $8.32B $7.58B $6.99B $5.37B $4.53B $3.30B $2.30B $1.93B
Total Assets $54.16B $48.08B $42.45B $38.72B $37.67B $33.58B $29.24B $24.86B $21.33B $18.68B
Accounts Payable $999.00M $929.00M $834.00M $926.00M $738.00M $527.00M $489.00M $537.00M $933.00M $609.00M
Accrued Liabilities $13.27B $10.39B $8.52B $7.80B $6.64B $5.43B $5.49B $4.75B $3.93B $3.32B
Deferred Revenue - - - $1.57B $1.87B $1.70B $1.37B - - -
Other Current Liabilities $2.41B $2.03B $1.61B $1.40B $1.36B $1.23B $928.00M $949.00M $792.00M $620.00M
Total Current Liabilities $22.76B $19.22B $16.26B $14.17B $13.16B $11.85B $11.90B $11.59B $8.79B $7.21B
Long-term Debt $18.25B $17.48B $14.34B $13.75B $13.11B $12.02B $8.53B $5.83B $5.42B $5.18B
Deferred Tax Liabilities $307.00M $317.00M $369.00M $393.00M $395.00M $86.00M $85.00M - - -
Other Non-current Liabilities $5.09B $4.55B $4.47B $4.03B $3.59B $3.11B $2.73B $1.88B $1.44B $524.00M
Total Liabilities $46.41B $41.57B $35.45B $32.35B $30.26B $27.07B $23.25B $19.37B $15.76B $12.99B
Retained Earnings $85.03B $72.91B $62.56B $53.61B $45.65B $38.75B $33.98B $27.28B $22.36B $19.42B
Treasury Stock $83.22B $71.43B $60.43B $51.35B $42.59B $36.66B $32.20B $25.75B $20.76B $17.02B
Total Stockholders Equity $7.74B $6.49B $6.93B $6.30B $7.31B $6.39B $5.89B $5.39B $5.47B $5.66B
Total Liabilities & Equity $54.16B $48.08B $42.45B $38.72B $37.67B $33.58B $29.24B $24.86B $21.33B $18.68B
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 $14.97B $14.97B $12.87B $11.20B $9.93B $8.69B $6.41B $8.12B $5.86B $3.92B $4.06B
Depreciation & Amortization $1.42B $1.14B $897.00M $799.00M $750.00M $726.00M $580.00M $522.00M $459.00M $436.00M $373.00M
Stock-based Compensation $1.03B $597.00M $526.00M $460.00M $295.00M $273.00M $254.00M $250.00M $196.00M $176.00M $50.00M
Deferred Income Tax $175.00M $57.00M $-527.00M $-236.00M $-651.00M $-69.00M $73.00M $-7.00M $-244.00M $86.00M $-20.00M
Change in Receivables $977.00M $642.00M $-186.00M $546.00M $481.00M $397.00M $86.00M $246.00M $317.00M $445.00M $338.00M
Change in Payables $-43.00M $45.00M $75.00M $-99.00M $190.00M $100.00M $26.00M $-42.00M $101.00M $290.00M $145.00M
Operating Cash Flow $27.01B $17.65B $14.78B $11.98B $11.20B $9.46B $7.22B $8.18B $6.22B $5.55B $4.48B
Capital Expenditure $847.00M $489.00M $474.00M $371.00M $442.00M $407.00M $339.00M $422.00M $330.00M $300.00M $215.00M
Acquisitions - - $2.51B - $313.00M $4.44B $989.00M $1.44B - $1.18B -
Sales of Investments $433.00M $232.00M $262.00M $191.00M $211.00M $291.00M $140.00M $376.00M $379.00M $500.00M $339.00M
Investing Cash Flow $-2.27B $-1.36B $-3.40B $-1.35B $-1.47B $-5.27B $-1.88B $-1.64B $-506.00M $-1.78B $-1.17B
Debt Repayment $2.25B $750.00M $1.34B - $724.00M $650.00M - $500.00M - $64.00M -
Stock Repurchased $19.11B $11.73B $11.04B $9.03B $8.75B $5.90B $4.47B $6.50B $4.93B $3.76B $3.51B
Dividends Paid $4.83B $2.76B $2.45B $2.16B $1.90B $1.74B $1.60B $1.34B $1.04B $942.00M $837.00M
Financing Cash Flow $-23.16B $-14.18B $-10.84B $-9.49B $-10.33B $-6.55B $-2.15B $-5.87B $-4.97B $-4.76B $-2.29B
Net Change in Cash $2.38B $2.44B $343.00M $1.27B $-706.00M $-2.52B $3.45B $632.00M $745.00M $-681.00M $1.08B
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 $8.60B $7.37B $23.98B $20.68B
Operating Expenses $3.54B $3.37B $10.00B $9.03B
Operating Income $5.06B $4.00B $13.99B $11.64B
Interest Expense $186.00M $159.00M $563.00M $462.00M
Other Income/Expense $2.00M $7.00M $23.00M $19.00M
Income Before Tax $5.00B $3.87B $13.70B $11.36B
Income Tax Expense $1.07B $603.00M $2.79B $1.83B
Net Income $3.93B $3.26B $10.91B $9.53B
Basic EPS 4.35 3.54 12.02 10.27
Diluted EPS 4.34 3.53 12.00 10.25
Basic Shares Outstanding $903.00M $923.00M $908.00M $928.00M
Diluted Shares Outstanding $905.00M $925.00M $909.00M $930.00M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $10.31B $8.44B
Accounts Receivable $4.25B $3.77B
Other Current Assets $3.95B $2.99B
Total Current Assets $23.22B $19.72B
Property Plant & Equipment $2.30B $2.14B
Goodwill $9.57B $9.19B
Intangible Assets $5.59B $5.45B
Other Non-current Assets $11.06B $9.96B
Total Assets $53.29B $48.08B
Accounts Payable $935.00M $929.00M
Accrued Liabilities $11.98B $10.39B
Other Current Liabilities $2.36B $2.03B
Total Current Liabilities $20.69B $19.22B
Long-term Debt $18.98B $17.48B
Deferred Tax Liabilities $326.00M $317.00M
Other Non-current Liabilities $5.37B $4.55B
Total Liabilities $45.37B $41.57B
Retained Earnings $81.75B $72.91B
Treasury Stock $79.67B $71.43B
Total Stockholders Equity $7.90B $6.49B
Total Liabilities & Equity $53.29B $48.08B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $3.93B $3.26B $10.91B $9.53B
Depreciation & Amortization $290.00M $225.00M $846.00M $666.00M
Stock-based Compensation - - $485.00M $418.00M
Deferred Income Tax - - $77.00M $-261.00M
Change in Receivables - - $264.00M $-99.00M
Change in Payables - - $-28.00M $59.00M
Operating Cash Flow - - $12.65B $9.95B
Capital Expenditure - - $377.00M $379.00M
Sales of Investments - - $183.00M $204.00M
Investing Cash Flow - - $-941.00M $-724.00M
Debt Repayment - - $750.00M $1.34B
Stock Repurchased - - $8.17B $7.57B
Dividends Paid - - $2.07B $1.84B
Financing Cash Flow - - $-9.99B $-6.79B
Net Change in Cash - - $2.04B $2.50B

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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