$45.43B
Revenue
$472.00M
Net Income
13.07%
Gross Margin
1.72%
Op. Margin
$-644.00M
Free Cash Flow
| 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) |
|---|---|---|---|---|---|---|
| Total Revenue | $45.43B | $45.43B | $40.65B | $34.07B | $31.97B | $27.77B |
| Revenue Growth % | 0.0% | 11.7% | 19.3% | 6.6% | 15.1% | nan% |
| Cost of Revenue | $39.49B | $39.49B | $34.43B | $28.67B | $27.18B | $23.70B |
| Gross Profit | $5.94B | $5.94B | $6.22B | $5.40B | $4.80B | $4.07B |
| Gross Margin % | 13.1% | 13.1% | 15.3% | 15.9% | 15.0% | 14.6% |
| Operating Expenses | $44.65B | $44.65B | $38.94B | $32.50B | $30.80B | $26.75B |
| Operating Income | $781.00M | $781.00M | $1.71B | $1.57B | $1.17B | $1.02B |
| Operating Margin % | 1.7% | 1.7% | 4.2% | 4.6% | 3.7% | 3.7% |
| Interest Expense | $181.00M | $181.00M | $121.00M | $109.00M | $110.00M | $120.00M |
| Other Income/Expense | - | - | - | - | - | $-25.00M |
| Income Before Tax | $589.00M | $589.00M | $1.59B | $1.46B | $1.06B | $875.00M |
| Income Tax Expense | $117.00M | $117.00M | $410.00M | $373.00M | $271.00M | $216.00M |
| Net Income | $472.00M | $472.00M | $1.18B | $1.09B | $792.00M | $659.00M |
| Net Margin % | 1.0% | 1.0% | 2.9% | 3.2% | 2.5% | 2.4% |
| Basic EPS | 8.85 | 8.93 | 20.52 | 18.91 | 13.72 | 11.40 |
| Diluted EPS | 8.84 | 8.92 | 20.42 | 18.77 | 13.55 | 11.25 |
| Basic Shares Outstanding | - | 52.8M | 57.4M | 57.7M | 57.8M | 57.8M |
| Diluted Shares Outstanding | - | 52.9M | 57.7M | 58.1M | 58.5M | 58.6M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $4.25B | $4.66B | $4.85B | $4.01B | $4.44B |
| Short-term Investments | $4.01B | $4.33B | $4.26B | $3.50B | $3.20B |
| Accounts Receivable | $3.53B | $3.30B | $3.10B | $2.30B | $2.18B |
| Other Current Assets | $655.00M | $487.00M | $331.00M | $277.00M | $247.00M |
| Total Current Assets | $12.44B | $12.77B | $12.54B | $10.08B | $10.06B |
| Goodwill | $1.96B | $1.67B | $1.24B | - | - |
| Intangible Assets | $237.00M | $267.00M | - | - | - |
| Other Non-current Assets | $147.00M | $138.00M | $143.00M | $123.00M | $179.00M |
| Total Assets | $15.56B | $15.63B | $14.89B | $12.31B | $12.21B |
| Deferred Revenue | $66.00M | $51.00M | $418.00M | $359.00M | $370.00M |
| Total Current Liabilities | $7.37B | $7.90B | $8.17B | $6.86B | $7.05B |
| Long-term Debt | $3.77B | $2.92B | $2.18B | $2.18B | $2.17B |
| Other Non-current Liabilities | $173.00M | $120.00M | $124.00M | $104.00M | $140.00M |
| Total Liabilities | $11.49B | $11.13B | $10.68B | $9.35B | $9.58B |
| Retained Earnings | $3.60B | $4.09B | $3.89B | $2.80B | $2.40B |
| Total Stockholders Equity | $4.07B | $4.50B | $4.21B | $2.96B | $2.63B |
| Total Liabilities & Equity | $15.56B | $15.63B | $14.89B | $12.31B | $12.21B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $472.00M | $472.00M | $1.18B | $1.09B | $792.00M | $659.00M |
| Depreciation & Amortization | $349.00M | $195.00M | $186.00M | $171.00M | $176.00M | $131.00M |
| Stock-based Compensation | $104.00M | $47.00M | $116.00M | $115.00M | $103.00M | $72.00M |
| Deferred Income Tax | - | $43.00M | $53.00M | $-31.00M | - | - |
| Change in Receivables | $701.00M | $145.00M | $78.00M | $778.00M | $95.00M | $415.00M |
| Operating Cash Flow | $-457.00M | $-535.00M | $644.00M | $1.66B | $773.00M | $2.12B |
| Capital Expenditure | $187.00M | $101.00M | $100.00M | $84.00M | $91.00M | $77.00M |
| Acquisitions | $735.00M | $245.00M | $344.00M | $3.00M | $134.00M | $129.00M |
| Purchases of Investments | $1.36B | $751.00M | $1.13B | $1.43B | $1.91B | $2.71B |
| Investing Cash Flow | $194.00M | $312.00M | $-464.00M | $-744.00M | $-790.00M | $-1.65B |
| Stock Repurchased | $2.00B | $1.00B | $1.00B | - | $400.00M | $128.00M |
| Financing Cash Flow | $-65.00M | $-170.00M | $-347.00M | $-58.00M | $-441.00M | $-183.00M |
| Net Change in Cash | $-328.00M | $-393.00M | $-167.00M | $860.00M | $-458.00M | $283.00M |
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 | $11.48B | - | $34.05B | - |
| Cost of Revenue | $10.04B | - | $29.35B | - |
| Operating Expenses | $11.34B | - | $33.11B | - |
| Operating Income | $137.00M | - | $943.00M | - |
| Interest Expense | $49.00M | - | $140.00M | - |
| Income Before Tax | $88.00M | - | $803.00M | - |
| Income Tax Expense | $9.00M | - | $171.00M | - |
| Net Income | $79.00M | $301.00M | $632.00M | - |
| Basic EPS | 1.51 | - | 11.81 | - |
| Diluted EPS | 1.51 | - | 11.79 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $4.22B | $4.66B |
| Short-term Investments | $4.23B | $4.33B |
| Accounts Receivable | $3.52B | $3.30B |
| Other Current Assets | $590.00M | $487.00M |
| Total Current Assets | $12.55B | $12.77B |
| Other Non-current Assets | $142.00M | $138.00M |
| Total Assets | $15.70B | $15.63B |
| Deferred Revenue | $73.00M | $51.00M |
| Total Current Liabilities | $7.48B | $7.90B |
| Long-term Debt | $3.66B | $2.92B |
| Other Non-current Liabilities | $174.00M | $120.00M |
| Total Liabilities | $11.51B | $11.13B |
| Retained Earnings | $3.76B | $4.09B |
| Total Stockholders Equity | $4.19B | $4.50B |
| Total Liabilities & Equity | $15.70B | $15.63B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $79.00M | $301.00M | $632.00M | - |
| Depreciation & Amortization | $45.00M | - | $151.00M | - |
| Stock-based Compensation | - | - | $27.00M | - |
| Change in Receivables | - | - | $118.00M | - |
| Operating Cash Flow | - | - | $-237.00M | - |
| Capital Expenditure | - | - | $102.00M | - |
| Acquisitions | - | - | $245.00M | - |
| Purchases of Investments | - | - | $607.00M | - |
| Investing Cash Flow | - | - | $82.00M | - |
| Stock Repurchased | - | - | $1.00B | - |
| Financing Cash Flow | - | - | $-262.00M | - |
| Net Change in Cash | - | - | $-417.00M | - |
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.