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$199.12B
Revenue
$5.66B
Net Income
89.36%
Gross Margin
-
Op. Margin
$6.60B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 17 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)
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)
FY 2009
(Dec 31, 2009)
+ Total Revenue $199.12B $199.12B $177.01B $171.34B $156.59B $138.64B $121.87B $104.21B $92.11B $90.04B $84.86B $79.16B $73.87B $71.02B $61.50B $60.71B $58.80B $65.03B
Revenue Growth % 0.0% 12.5% 3.3% 9.4% 13.0% 13.8% 16.9% 13.1% 2.3% 6.1% 7.2% 7.2% 4.0% 15.5% 1.3% 3.2% -9.6% nan%
Cost of Revenue $21.18B $21.18B $19.75B $17.29B $13.04B $10.89B $8.95B $1.99B - - - - - - $137.40M - - $419.00M
+ Gross Profit $177.95B $177.95B $157.26B $154.05B $143.56B $127.74B $112.91B $102.22B $92.11B $90.04B - - - - $61.36B $60.71B $58.80B $64.61B
Gross Margin % 89.4% 89.4% 88.8% 89.9% 91.7% 92.1% 92.7% 98.1% 100.0% 100.0% nan% nan% nan% nan% 99.8% 100.0% 100.0% 99.4%
Selling General & Admin $20.98B $20.98B $20.02B $20.09B $17.69B $15.91B $17.45B $13.36B $14.02B $12.65B $12.56B $12.53B $11.75B $9.95B $8.68B $8.44B $8.84B $9.66B
+ Operating Income - $7.20B $7.86B $8.50B - - - - - - - - - - - - - -
Operating Margin % nan% 3.6% 4.4% 5.0% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan%
Interest Expense $1.41B $1.41B $1.24B $1.03B $851.00M $798.00M $784.00M $746.00M $753.00M $739.00M $723.00M $653.00M $600.70M $602.70M $511.80M $430.30M $418.90M $447.40M
Income Before Tax $6.71B $6.71B $7.90B $7.71B $7.77B $7.92B $6.24B $5.99B $5.07B $3.96B $4.56B $4.63B $4.37B $3.84B $3.86B $3.96B $4.35B $7.40B
Income Tax Expense $1.05B $1.05B $1.93B $1.72B $1.75B $1.83B $1.67B $1.18B $1.32B $121.00M $2.09B $2.07B $1.81B $1.21B $1.21B $1.31B $1.47B $2.66B
+ Net Income $5.66B $5.66B $5.98B $5.99B $6.03B $6.10B $4.57B $4.81B $3.75B $3.84B $2.47B $2.56B $2.57B $2.49B $2.66B $2.65B $2.89B $4.75B
Net Margin % 2.8% 2.8% 3.4% 3.5% 3.8% 4.4% 3.8% 4.6% 4.1% 4.3% 2.9% 3.2% 3.5% 3.5% 4.3% 4.4% 4.9% 7.3%
Basic EPS 25.25 25.28 25.81 25.38 25.10 25.04 18.23 18.81 14.53 14.70 9.39 9.73 9.31 8.34 8.26 7.35 7.03 9.96
Diluted EPS 25.19 25.21 25.68 25.22 24.81 24.73 17.98 18.47 14.19 14.35 9.21 9.38 8.99 8.20 8.18 7.25 6.94 9.88
Basic Shares Outstanding - 224.0M 231.7M 235.9M - - - - - - - - - - - - - -
Diluted Shares Outstanding - 224.6M 232.9M 237.4M - - - - - - - - - - - - - -
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)
FY 2009
(Dec 31, 2009)
Cash & Cash Equivalents $9.49B $8.29B $6.53B $7.39B $4.88B $5.74B $4.94B $3.93B $3.61B $4.08B $2.11B $2.15B $1.58B $2.48B $2.20B $1.79B $4.82B
Other Current Assets $5.34B $4.70B $5.79B $5.28B $4.65B $4.06B $2.32B $2.10B $2.25B $1.78B $1.56B $1.47B $1.68B $1.83B $1.86B $1.53B $1.27B
Total Current Assets $63.00B $58.94B $60.03B $55.62B $51.12B $45.75B $39.03B $34.32B $36.26B $34.31B $30.86B $32.23B $29.75B $29.35B $27.10B $26.14B $28.07B
Property Plant & Equipment $4.68B $4.65B $4.36B $4.32B $3.92B $3.48B $3.13B $2.73B $2.17B $1.98B $2.02B $1.94B $1.80B $1.72B $1.42B $1.16B $1.10B
Goodwill $28.34B $28.28B $25.32B $24.38B $24.23B $21.69B $20.50B $20.50B $19.23B $17.56B $17.56B $17.08B $16.92B $16.89B $13.86B $13.26B $13.26B
Intangible Assets $11.20B $12.09B $10.27B $10.31B $10.62B $9.40B $8.67B $9.01B $8.37B $7.96B $8.16B $7.96B $8.44B $8.67B $7.93B $8.00B $8.26B
Other Non-current Assets $2.31B $2.14B $1.97B $1.70B $1.72B $1.44B $1.35B $758.00M $565.30M $467.90M $485.40M $619.90M $645.20M $486.10M $433.60M $488.30M $393.00M
Total Assets $121.49B $116.89B $108.93B $102.77B $97.46B $86.61B $77.45B $71.57B $70.54B $65.08B $61.72B $62.06B $59.57B $58.96B $52.02B $50.17B $52.13B
Short-term Debt $150.00M $365.00M $225.00M $265.00M $275.00M - $700.00M $1.15B $1.27B $440.00M $540.00M $400.00M $400.00M $250.00M $100.00M $100.00M -
Other Current Liabilities $10.26B $10.03B $9.89B $9.68B $7.85B $6.05B $3.69B $3.19B $3.34B $3.58B $2.82B $1.86B $1.67B $1.77B $1.65B $1.62B $1.78B
Total Current Liabilities $41.03B $40.58B $41.79B $39.70B $34.88B $29.45B $23.62B $21.96B $23.36B $21.29B $19.09B $18.75B $16.35B $15.99B $15.83B $14.01B $14.67B
Long-term Debt $31.90B $30.87B $23.25B $22.35B $21.16B $19.34B $17.79B $17.22B $17.38B $14.36B $15.32B $14.13B $13.57B $14.17B $8.42B $8.15B $8.34B
Deferred Tax Liabilities $2.11B $2.15B $1.97B $2.03B $2.81B $2.02B $2.23B - - - - - - - - - -
Other Non-current Liabilities $3.38B $3.33B $1.74B $1.56B $1.68B $1.81B $1.42B $1.18B $925.10M $883.80M $994.30M $1.04B $836.00M $1.01B $1.03B $963.40M $1.12B
Total Liabilities $77.47B $75.46B $69.52B $66.38B $61.33B $53.42B $45.73B $43.03B $44.04B $39.98B $38.67B $37.81B $34.81B $35.15B $28.73B $26.35B $27.26B
Common Stock $2.00M $2.00M $2.00M $2.00M $2.00M $3.00M $3.00M $3.00M $2.60M $2.60M $2.60M $2.70M $2.90M $3.00M $3.40M $3.80M $4.50M
Retained Earnings $35.39B $33.55B $31.75B $29.72B $27.09B $23.80B $22.57B $19.99B $18.05B $16.56B $14.78B $14.01B $13.81B $12.65B $11.49B $10.72B $9.60B
Total Stockholders Equity $43.88B $41.31B $39.31B $36.31B $36.06B $33.20B $31.73B $28.54B $26.50B $25.10B $23.04B $24.25B $24.77B $23.80B $23.29B $23.81B $24.86B
Total Liabilities & Equity $121.49B $116.89B $108.93B $102.77B $97.46B $86.61B $77.45B $71.57B $70.54B $65.08B $61.72B $62.06B $59.57B $58.96B $52.02B $50.17B $52.13B
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)
FY 2009
(Dec 31, 2009)
Net Income $7.84B $5.66B $5.98B $5.99B $6.03B $6.10B $4.57B $4.81B $3.75B $3.84B $2.47B $2.56B $2.57B $2.49B $2.66B $2.65B $2.89B $4.75B
Stock-based Compensation $519.00M $276.00M $191.00M $289.00M $264.00M $255.00M $283.00M $294.00M $226.00M $169.60M $164.60M $148.20M $168.90M $146.00M $146.50M $134.80M $136.00M $153.60M
Deferred Income Tax $-679.00M $-279.00M $-374.00M $-602.00M $-76.00M $326.00M $-540.00M $81.00M $91.00M $-1.27B $126.90M $-65.90M $30.70M $59.10M $127.50M $74.30M $101.80M $61.30M
Change in Receivables $9.80B $2.53B $683.00M $1.76B $2.51B $2.14B $256.00M $1.05B $695.00M $22.20M $1.38B $42.90M $1.90B $418.30M $-189.90M $401.80M $-109.70M $484.20M
Operating Cash Flow $8.38B $4.29B $5.81B $8.06B $8.40B $8.36B $10.69B $6.06B $3.83B $4.18B $3.20B $4.12B $3.37B $3.05B $2.74B $3.37B $1.42B $3.04B
Capital Expenditure $1.77B $1.12B $1.26B $1.30B $1.15B $1.09B $1.02B $1.08B $1.21B $799.50M $583.60M $638.20M $714.60M $646.50M $544.90M $519.50M $451.40M $378.40M
Acquisitions $-146.00M $-88.00M $4.81B $1.55B $649.00M $3.48B $1.98B - $1.76B $2.08B - $638.90M - - $4.60B $600.00M $-300.00K $66.30M
Purchases of Investments $27.09B $15.03B $17.99B $16.24B $24.95B $18.67B $19.49B $22.95B $9.67B - - - - - - - - -
Sales of Investments $2.94B $1.77B $2.02B $2.94B $10.62B $4.34B $4.74B $2.44B $1.94B $1.85B $1.42B $1.31B $1.32B $1.84B $1.78B $1.89B $3.32B $1.55B
Investing Cash Flow $-1.82B $-1.34B $-5.17B $-5.57B $-4.56B $-9.64B $-7.32B $-2.79B $-1.26B $-5.08B $-513.90M $-1.15B $-974.90M $-2.23B $-4.55B $-942.00M $-1.27B $3.00B
Debt Repayment $4.65B $2.15B $1.65B $1.91B $1.90B $1.07B $1.93B $1.12B $1.68B $2.82B - $2.70B $1.73B $1.80B $1.25B $705.10M $481.70M $919.30M
Stock Issued - - - - - - - - $1.25B - - - - - - - - -
Stock Repurchased $4.74B $2.60B $2.90B $2.68B $2.32B $1.90B $2.70B $1.70B $1.69B $2.00B - $1.52B $3.00B $1.62B $2.50B $3.04B $4.36B $2.64B
Dividends Paid $1.53B $1.53B $1.51B $1.40B $1.23B $1.10B $954.00M $818.00M $776.00M $704.90M $684.00M $656.60M $480.70M $448.00M $367.10M $357.80M - -
Financing Cash Flow $-5.86B $-1.74B $1.19B $-3.35B $-1.32B $423.00M $-2.57B $-2.27B $-2.24B $426.90M $-732.90M $-3.00B $-1.82B $-1.72B $2.09B $-2.02B $-3.17B $-3.40B
Net Change in Cash $687.00M $1.20B $1.83B $-861.00M $2.51B $-861.00M $804.00M $1.00B $325.00M $-466.40M $1.96B $-38.20M $564.80M $-897.70M $283.00M $412.80M $-3.03B $2.63B
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 $50.71B - $149.38B -
Cost of Revenue $5.38B - $15.66B -
Selling General & Admin $5.27B - $15.57B -
Interest Expense $351.00M - $1.04B -
Income Before Tax $1.41B - $6.50B -
Income Tax Expense $219.00M - $1.38B -
Net Income $1.19B $2.30B $5.12B -
Basic EPS 5.32 - 22.73 -
Diluted EPS 5.32 - 22.67 -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $8.71B $8.29B
Other Current Assets $5.21B $4.70B
Total Current Assets $63.78B $58.94B
Property Plant & Equipment $4.66B $4.65B
Goodwill $28.45B $28.28B
Intangible Assets $11.33B $12.09B
Other Non-current Assets $2.78B $2.14B
Total Assets $122.75B $116.89B
Short-term Debt $180.00M $365.00M
Other Current Liabilities $12.44B $10.03B
Total Current Liabilities $40.88B $40.58B
Long-term Debt $31.17B $29.22B
Deferred Tax Liabilities $2.31B $2.15B
Other Non-current Liabilities $4.14B $3.33B
Total Liabilities $78.67B $75.46B
Common Stock $2.00M $2.00M
Retained Earnings $35.59B $33.55B
Total Stockholders Equity $43.95B $41.31B
Total Liabilities & Equity $122.75B $116.89B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $1.19B $2.30B $5.12B -
Stock-based Compensation - - $246.00M -
Deferred Income Tax - - $43.00M -
Change in Receivables - - $3.28B -
Operating Cash Flow - - $4.21B -
Capital Expenditure - - $823.00M -
Acquisitions - - $-55.00M -
Purchases of Investments - - $12.27B -
Sales of Investments - - $1.20B -
Investing Cash Flow - - $-1.81B -
Debt Repayment - - $2.15B -
Stock Repurchased - - $2.13B -
Dividends Paid $381.00M $378.00M $1.15B -
Financing Cash Flow - - $-1.97B -
Net Change in Cash - - $425.00M -

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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