$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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $45.43B | $45.43B | $40.65B | $34.07B | $31.97B | $27.77B | $19.42B | $16.83B | $18.89B | $19.88B | $17.78B | $14.18B | $9.67B | $6.59B | $5.91B |
| Revenue Growth % | 0.0% | 11.7% | 19.3% | 6.6% | 15.1% | 43.0% | 15.4% | -10.9% | -5.0% | 11.8% | 25.4% | 46.7% | 46.7% | 11.4% | nan% |
| Cost of Revenue | $39.49B | $39.49B | $34.43B | $28.67B | $27.18B | $23.70B | $15.82B | $13.90B | $31.00B | $35.13B | $30.52B | - | - | - | - |
| Gross Profit | $5.94B | $5.94B | $6.22B | $5.40B | $4.80B | $4.07B | $3.60B | $2.92B | $-12.11B | $-15.25B | $-12.74B | - | - | - | - |
| Gross Margin % | 13.1% | 13.1% | 15.3% | 15.9% | 15.0% | 14.6% | 18.6% | 17.4% | -64.1% | -76.7% | -71.6% | nan% | nan% | nan% | nan% |
| Operating Expenses | $44.65B | $44.65B | $38.94B | $32.50B | $30.80B | $26.75B | $18.34B | $15.79B | $17.74B | $20.44B | $17.48B | $13.79B | $9.47B | $6.45B | $5.87B |
| Operating Income | $781.00M | $781.00M | $1.71B | $1.57B | $1.17B | $1.02B | $1.08B | $1.04B | $1.13B | $-555.00M | $306.00M | $387.00M | $192.92M | $136.56M | $41.09M |
| Operating Margin % | 1.7% | 1.7% | 4.2% | 4.6% | 3.7% | 3.7% | 5.6% | 6.2% | 6.0% | -2.8% | 1.7% | 2.7% | 2.0% | 2.1% | 0.7% |
| Interest Expense | $181.00M | $181.00M | $121.00M | $109.00M | $110.00M | $120.00M | $102.00M | $87.00M | $115.00M | $118.00M | $101.00M | $66.00M | $56.81M | $52.07M | $16.77M |
| Other Income/Expense | - | - | - | - | - | $-25.00M | $-15.00M | $15.00M | $-17.00M | $61.00M | - | $1.00M | $-57.61M | $-55.41M | $-17.71M |
| Income Before Tax | $589.00M | $589.00M | $1.59B | $1.46B | $1.06B | $875.00M | $961.00M | $972.00M | $999.00M | $-612.00M | $205.00M | $322.00M | $135.30M | $81.15M | $23.38M |
| Income Tax Expense | $117.00M | $117.00M | $410.00M | $373.00M | $271.00M | $216.00M | $288.00M | $235.00M | $292.00M | $-100.00M | $153.00M | $179.00M | $72.73M | $36.32M | $10.51M |
| Net Income | $472.00M | $472.00M | $1.18B | $1.09B | $792.00M | $659.00M | $673.00M | $737.00M | $707.00M | $-512.00M | $52.00M | $143.00M | $62.22M | $52.93M | $9.79M |
| Net Margin % | 1.0% | 1.0% | 2.9% | 3.2% | 2.5% | 2.4% | 3.5% | 4.4% | 3.7% | -2.6% | 0.3% | 1.0% | 0.6% | 0.8% | 0.2% |
| Basic EPS | 8.85 | 8.93 | 20.52 | 18.91 | 13.72 | 11.40 | 11.40 | 11.85 | 11.57 | -9.07 | 0.93 | 2.75 | 1.33 | 1.16 | 0.21 |
| Diluted EPS | 8.84 | 8.92 | 20.42 | 18.77 | 13.55 | 11.25 | 11.23 | 11.47 | 10.61 | -9.07 | 0.92 | 2.58 | 1.29 | 1.13 | 0.21 |
| Basic Shares Outstanding | - | 52.8M | 57.4M | 57.7M | 57.8M | 57.8M | 59.0M | 62.2M | 61.1M | 56.0M | 55.0M | 52.0M | 46.9M | 45.7M | 46.4M |
| Diluted Shares Outstanding | - | 52.9M | 57.7M | 58.1M | 58.5M | 58.6M | 59.9M | 64.2M | 66.6M | 56.0M | 56.0M | 56.0M | 48.3M | 46.9M | 47.0M |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $4.25B | $4.66B | $4.85B | $4.01B | $4.44B | $4.15B | $2.45B | $2.83B | $3.19B | $2.82B | $2.33B | $1.54B | $935.89M | $795.77M |
| Short-term Investments | $4.01B | $4.33B | $4.26B | $3.50B | $3.20B | $1.88B | $1.95B | $1.68B | $2.52B | $1.76B | $1.80B | $1.02B | $703.05M | $342.85M |
| Accounts Receivable | $3.53B | $3.30B | $3.10B | $2.30B | $2.18B | $1.67B | $1.41B | $1.33B | $871.00M | $974.00M | $597.00M | $596.46M | $298.94M | $149.68M |
| Other Current Assets | $655.00M | $487.00M | $331.00M | $277.00M | $247.00M | $175.00M | $134.00M | $149.00M | $185.00M | $131.00M | $192.00M | $50.88M | $42.48M | $28.39M |
| Total Current Assets | $12.44B | $12.77B | $12.54B | $10.08B | $10.06B | $7.88B | $5.97B | $6.46B | $7.51B | $5.99B | $5.31B | $3.25B | $2.04B | $1.35B |
| Property Plant & Equipment | - | - | - | - | - | - | - | $241.00M | $342.00M | $454.00M | $393.00M | $340.78M | $292.08M | $221.44M |
| Goodwill | $1.96B | $1.67B | $1.24B | - | - | - | - | - | $186.00M | $620.00M | $519.00M | $271.96M | $230.74M | $151.09M |
| Intangible Assets | $237.00M | $267.00M | - | - | - | - | - | - | $69.00M | $140.00M | $122.00M | $89.27M | $98.87M | $77.71M |
| Long-term Investments | - | - | - | - | - | - | - | - | - | - | - | - | $10.90M | $13.42M |
| Other Non-current Assets | $147.00M | $138.00M | $143.00M | $123.00M | $179.00M | $119.00M | $105.00M | $24.00M | $40.00M | $41.00M | $28.00M | $44.33M | $35.56M | $19.62M |
| Total Assets | $15.56B | $15.63B | $14.89B | $12.31B | $12.21B | $9.53B | $6.79B | $7.15B | $8.47B | $7.45B | $6.58B | $4.48B | $3.00B | $1.93B |
| Deferred Revenue | $66.00M | $51.00M | $418.00M | $359.00M | $370.00M | $375.00M | $249.00M | $211.00M | $282.00M | $315.00M | $223.00M | $196.08M | $122.22M | $141.80M |
| Total Current Liabilities | $7.37B | $7.90B | $8.17B | $6.86B | $7.05B | $4.96B | $3.27B | $4.25B | $5.56B | $4.57B | $3.82B | $2.17B | $1.29B | $828.04M |
| Long-term Debt | $3.77B | $2.92B | $2.18B | $2.18B | $2.17B | $2.13B | $1.24B | $1.02B | $1.32B | $975.00M | - | - | - | $261.78M |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | $15.00M | - | - | - | - |
| Other Non-current Liabilities | $173.00M | $120.00M | $124.00M | $104.00M | $140.00M | $119.00M | $90.00M | $44.00M | $61.00M | $42.00M | $37.00M | $33.49M | $26.35M | $23.48M |
| Total Liabilities | $11.49B | $11.13B | $10.68B | $9.35B | $9.58B | $7.44B | $4.83B | $5.51B | $7.13B | $5.80B | $5.02B | $3.47B | $2.11B | $1.15B |
| Retained Earnings | $3.60B | $4.09B | $3.89B | $2.80B | $2.40B | $1.86B | $1.78B | $1.01B | $298.00M | $810.00M | $758.00M | $615.35M | $553.13M | $500.20M |
| Treasury Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.00M |
| Total Stockholders Equity | $4.07B | $4.50B | $4.21B | $2.96B | $2.63B | $2.10B | $1.96B | $1.65B | $1.34B | $1.65B | $1.56B | $1.01B | $892.94M | $782.31M |
| Total Liabilities & Equity | $15.56B | $15.63B | $14.89B | $12.31B | $12.21B | $9.53B | $6.79B | $7.15B | $8.47B | $7.45B | $6.58B | $4.48B | $3.00B | $1.93B |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $472.00M | $472.00M | $1.18B | $1.09B | $792.00M | $659.00M | $673.00M | $737.00M | $707.00M | $-512.00M | $52.00M | $143.00M | $62.22M | $52.93M | $9.79M |
| Depreciation & Amortization | $349.00M | $195.00M | $186.00M | $171.00M | $176.00M | $131.00M | $88.00M | $89.00M | $127.00M | $178.00M | $182.00M | $126.00M | $134.40M | $93.87M | $78.76M |
| Stock-based Compensation | $104.00M | $47.00M | $116.00M | $115.00M | $103.00M | $72.00M | $57.00M | $39.00M | $27.00M | $46.00M | $26.00M | $23.00M | $21.73M | $28.69M | $20.02M |
| Deferred Income Tax | - | $43.00M | $53.00M | $-31.00M | - | - | - | - | - | - | - | - | - | - | - |
| Change in Receivables | $701.00M | $145.00M | $78.00M | $778.00M | $95.00M | $415.00M | $100.00M | $76.00M | $530.00M | $-103.00M | $348.00M | $-56.00M | $297.52M | $149.25M | $-18.22M |
| Operating Cash Flow | $-457.00M | $-535.00M | $644.00M | $1.66B | $773.00M | $2.12B | $1.89B | $427.00M | $-314.00M | $804.00M | $673.00M | $1.12B | $1.06B | $190.08M | $347.78M |
| Capital Expenditure | $187.00M | $101.00M | $100.00M | $84.00M | $91.00M | $77.00M | $74.00M | $57.00M | $30.00M | $86.00M | $176.00M | $132.00M | $115.00M | - | - |
| Acquisitions | $735.00M | $245.00M | $344.00M | $3.00M | $134.00M | $129.00M | $755.00M | - | - | - | $48.00M | $450.00M | $44.13M | $61.52M | - |
| Purchases of Investments | $1.36B | $751.00M | $1.13B | $1.43B | $1.91B | $2.71B | $670.00M | $2.54B | $1.44B | $2.72B | $1.93B | $1.92B | $953.36M | $770.08M | $306.44M |
| Investing Cash Flow | $194.00M | $312.00M | $-464.00M | $-744.00M | $-790.00M | $-1.65B | $-400.00M | $-293.00M | $1.14B | $-1.07B | $-202.00M | $-1.42B | $-535.73M | $-543.31M | $-93.58M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | - | - | - | $47.47M | $1.13M |
| Stock Issued | - | - | - | - | - | - | - | - | - | - | - | $373.00M | - | - | - |
| Stock Repurchased | $2.00B | $1.00B | $1.00B | - | $400.00M | $128.00M | $606.00M | $47.00M | - | - | - | - | - | $52.66M | $3.00M |
| Financing Cash Flow | $-65.00M | $-170.00M | $-347.00M | $-58.00M | $-441.00M | $-183.00M | $225.00M | $-552.00M | $-1.19B | $636.00M | $19.00M | $1.08B | $78.64M | $493.35M | $47.74M |
| Net Change in Cash | $-328.00M | $-393.00M | $-167.00M | $860.00M | $-458.00M | $283.00M | $1.72B | $-418.00M | $-364.00M | $378.00M | $486.00M | $790.00M | $603.17M | $140.12M | $301.94M |
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.