$12.67B
Revenue
$1.73B
Net Income
78.05%
Gross Margin
13.85%
Op. Margin
$7.43B
Free Cash Flow
| Breakdown | TTM (Sep 30, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $12.67B | $10.98B | $8.97B | $7.25B | $5.90B | $4.52B | $3.46B | $2.61B | $1.92B | $1.39B | $1.01B |
| Revenue Growth % | 15.3% | 22.4% | 23.8% | 22.9% | 30.5% | 30.6% | 32.6% | 36.0% | 37.9% | 38.3% | nan% |
| Cost of Revenue | $2.78B | $2.29B | $1.92B | $1.57B | $1.35B | $987.11M | $796.64M | $622.66M | $499.77M | $398.68M | $329.41M |
| Gross Profit | $9.89B | $8.70B | $7.05B | $5.67B | $4.54B | $3.53B | $2.66B | $1.99B | $1.43B | $991.83M | $676.07M |
| Gross Margin % | 78.1% | 79.2% | 78.6% | 78.3% | 77.1% | 78.2% | 77.0% | 76.1% | 74.7% | 71.3% | 67.2% |
| Operating Expenses | $8.13B | $7.33B | $6.29B | $5.32B | $4.29B | $3.33B | $2.62B | $2.03B | $1.53B | $1.41B | $842.43M |
| Research & Development | $2.85B | $2.54B | $2.12B | $1.77B | $1.40B | $1.02B | $748.37M | $529.50M | $377.52M | $285.24M | $217.39M |
| Operating Income | $1.75B | $1.36B | $762.00M | $355.00M | $257.00M | $198.86M | $42.12M | $-42.43M | $-101.41M | $-422.81M | $-166.37M |
| Operating Margin % | 13.9% | 12.4% | 8.5% | 4.9% | 4.4% | 4.4% | 1.2% | -1.6% | -5.3% | -30.4% | -16.5% |
| Interest Expense | $44.00M | $23.00M | $23.00M | $27.00M | $28.00M | $32.75M | $33.28M | $52.73M | $53.39M | $33.28M | $31.10M |
| Other Income/Expense | $-24.00M | $-45.00M | $-56.00M | $71.00M | $20.00M | $-16.93M | $58.34M | $56.13M | $5.80M | $6.04M | $4.45M |
| Income Before Tax | $2.18B | $1.74B | $1.01B | $399.00M | $249.00M | $150.00M | $67.00M | $-39.02M | $-149.00M | $-450.05M | $-193.01M |
| Income Tax Expense | $452.00M | $313.00M | $-723.00M | $74.00M | $19.00M | $30.68M | $-559.51M | $-12.32M | $126.00K | $1.75M | $5.41M |
| Net Income | $1.73B | $1.43B | $1.73B | $325.00M | $230.14M | $118.50M | $626.70M | $-26.70M | $-149.13M | $-451.80M | $-198.43M |
| Net Margin % | 13.7% | 13.0% | 19.3% | 4.5% | 3.9% | 2.6% | 18.1% | -1.0% | -7.8% | -32.5% | -19.7% |
| Basic EPS | 8.36 | 6.92 | 8.48 | 1.61 | 1.16 | 0.61 | 3.36 | -0.15 | -0.68 | nan | nan |
| Diluted EPS | 8.28 | 6.84 | 8.42 | 1.60 | 1.13 | 0.59 | 3.18 | -0.15 | -0.68 | nan | nan |
| Basic Shares Outstanding | 207.6M | 205.8M | 204.1M | 201.4M | 198.1M | 193.1M | 186.5M | 177.8M | 171.2M | - | - |
| Diluted Shares Outstanding | 209.5M | 208.4M | 205.6M | 203.5M | 203.2M | 202.5M | 197.2M | 177.8M | 171.2M | - | - |
| Breakdown | 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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.30B | $1.90B | $1.47B | $1.73B | $1.68B | $775.78M | $566.20M | $726.50M | $401.24M | $412.31M |
| Accounts Receivable | $2.24B | $2.04B | $1.73B | $1.39B | $1.01B | $835.28M | $574.81M | $434.89M | $322.76M | $203.33M |
| Other Current Assets | $668.00M | $403.00M | $280.00M | $223.00M | $191.47M | $125.49M | $132.07M | $77.68M | $43.64M | $29.08M |
| Total Current Assets | $9.19B | $7.78B | $6.65B | $5.22B | $4.52B | $2.83B | $2.34B | $2.41B | $1.34B | $1.09B |
| Property Plant & Equipment | $1.76B | $1.36B | $1.05B | $766.00M | $659.64M | $468.08M | $347.22M | $245.12M | $181.62M | $144.71M |
| Goodwill | $1.27B | $1.23B | $824.00M | $777.00M | $240.76M | $156.76M | $148.84M | $128.73M | $82.53M | $55.67M |
| Intangible Assets | $209.00M | $224.00M | $232.00M | $287.00M | $153.37M | $143.85M | $100.58M | $86.92M | $65.85M | $43.01M |
| Other Non-current Assets | $763.00M | $452.00M | $359.00M | $212.00M | $100.04M | $78.00M | $73.46M | $49.60M | $36.58M | $22.35M |
| Total Assets | $20.38B | $17.39B | $13.30B | $10.80B | $8.72B | $6.02B | $3.88B | $3.40B | $2.03B | $1.81B |
| Accounts Payable | $68.00M | $126.00M | $274.00M | $89.00M | $34.24M | $52.96M | $30.73M | $32.11M | $38.08M | $37.37M |
| Accrued Liabilities | $1.37B | $1.36B | $975.00M | $850.00M | $668.09M | $461.40M | $330.25M | $244.60M | $171.64M | $101.26M |
| Deferred Revenue | $6.82B | $5.79B | $4.66B | $3.84B | $2.96B | $2.19B | $1.65B | $1.28B | $861.78M | $593.00M |
| Total Current Liabilities | $8.36B | $7.37B | $6.00B | $4.95B | $3.74B | $2.75B | $2.01B | $2.10B | $1.07B | $731.64M |
| Other Non-current Liabilities | $145.00M | $118.00M | $56.00M | $51.00M | $35.15M | $23.46M | $55.06M | $43.24M | $34.18M | $23.32M |
| Total Liabilities | $10.77B | $9.76B | $8.27B | $7.10B | $5.88B | $3.89B | $2.77B | $2.81B | $1.65B | $1.24B |
| Common Stock | - | - | - | - | $196.00K | $189.00K | $180.00K | $174.00K | $167.00K | $160.00K |
| Retained Earnings | $3.49B | $2.07B | $338.00M | $-4.00M | $-233.74M | $-352.24M | $-978.78M | $-1.15B | $-997.39M | $-557.01M |
| Total Stockholders Equity | $9.61B | $7.63B | $5.03B | $3.69B | $2.83B | $2.13B | $1.11B | $584.13M | $386.96M | $566.81M |
| Total Liabilities & Equity | $20.38B | $17.39B | $13.30B | $10.80B | $8.72B | $6.02B | $3.88B | $3.40B | $2.03B | $1.81B |
| Breakdown | TTM (Sep 30, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.73B | $1.43B | $1.73B | $325.00M | $230.14M | $118.50M | $626.70M | $-26.70M | $-149.13M | $-451.80M | $-198.43M |
| Depreciation & Amortization | $1.17B | $564.00M | $562.00M | $433.00M | $472.00M | $336.38M | $252.11M | $149.60M | $113.88M | $83.08M | $60.36M |
| Stock-based Compensation | $3.35B | $1.75B | $1.60B | $1.40B | $1.13B | $870.45M | $662.20M | $543.95M | $394.08M | $317.58M | $257.71M |
| Change in Receivables | $-1.26B | $254.00M | $300.00M | $340.00M | $401.00M | $151.43M | $259.83M | $146.15M | $98.43M | $125.11M | $50.85M |
| Change in Payables | $321.00M | $-52.00M | $-142.00M | $172.00M | $55.00M | $-33.58M | $21.36M | $-4.76M | $-5.50M | $-3.55M | $14.79M |
| Operating Cash Flow | $8.91B | $4.27B | $3.40B | $2.72B | $2.19B | $1.79B | $1.24B | $811.09M | $642.83M | $159.92M | $315.09M |
| Capital Expenditure | $1.48B | $852.00M | $694.00M | $550.00M | $392.00M | $419.33M | $264.89M | $224.46M | $150.51M | $105.56M | $87.48M |
| Acquisitions | $340.00M | $113.00M | $282.00M | $91.00M | $785.00M | $107.24M | $7.41M | $37.44M | $58.20M | $34.30M | $1.10M |
| Purchases of Investments | $7.26B | $5.03B | $4.63B | $4.04B | $2.48B | $2.93B | $1.60B | $1.29B | $1.19B | $518.66M | $712.78M |
| Sales of Investments | - | - | - | - | - | - | $1.16B | $1.19B | $440.59M | $271.54M | $305.05M |
| Investing Cash Flow | $-2.79B | $-2.50B | $-2.17B | $-2.58B | $-1.61B | $-1.51B | $-724.48M | $-347.42M | $-883.95M | $-108.45M | $-231.74M |
| Stock Repurchased | $2.50B | $696.00M | $538.00M | - | - | - | - | - | $55.00M | - | - |
| Financing Cash Flow | $-3.41B | $-1.34B | $-803.00M | $-344.00M | $-506.00M | $596.65M | $-301.86M | $-607.43M | $538.89M | $-55.75M | $82.99M |
| Net Change in Cash | $2.73B | $406.00M | $429.00M | $-257.00M | $53.00M | $901.44M | $209.45M | $-159.29M | $325.90M | $-10.85M | $160.05M |
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 | $3.41B | $2.80B | $9.71B | $8.03B |
| Cost of Revenue | $774.00M | $584.00M | $2.15B | $1.66B |
| Gross Profit | $2.63B | $2.21B | $7.56B | $6.37B |
| Operating Expenses | $2.06B | $1.79B | $6.18B | $5.38B |
| Research & Development | $750.00M | $626.00M | $2.19B | $1.88B |
| Operating Income | $572.00M | $418.00M | $1.38B | $990.00M |
| Interest Expense | - | - | $22.00M | $23.00M |
| Other Income/Expense | $7.00M | $-10.00M | $-7.00M | $-28.00M |
| Income Before Tax | $694.00M | $516.00M | $1.72B | $1.27B |
| Income Tax Expense | $192.00M | $84.00M | $373.00M | $234.00M |
| Net Income | $502.00M | $432.00M | $1.35B | $1.04B |
| Basic EPS | 2.42 | 2.09 | 6.50 | 5.06 |
| Diluted EPS | 2.40 | 2.07 | 6.43 | 5.00 |
| Basic Shares Outstanding | $207.63M | $206.16M | $207.19M | $205.64M |
| Diluted Shares Outstanding | $209.50M | $208.55M | $209.37M | $208.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.73B | $2.30B |
| Accounts Receivable | $1.55B | $2.24B |
| Other Current Assets | $846.00M | $668.00M |
| Total Current Assets | $8.36B | $9.19B |
| Property Plant & Equipment | $2.13B | $1.76B |
| Goodwill | $1.82B | $1.27B |
| Intangible Assets | $391.00M | $209.00M |
| Other Non-current Assets | $272.00M | $291.00M |
| Total Assets | $21.79B | $20.38B |
| Accounts Payable | $146.00M | $68.00M |
| Accrued Liabilities | $1.27B | $1.37B |
| Deferred Revenue | $6.35B | $6.82B |
| Total Current Liabilities | $7.87B | $8.36B |
| Other Non-current Liabilities | $211.00M | $145.00M |
| Total Liabilities | $10.49B | $10.77B |
| Common Stock | - | - |
| Retained Earnings | $4.84B | $3.49B |
| Total Stockholders Equity | $11.30B | $9.61B |
| Total Liabilities & Equity | $21.79B | $20.38B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $502.00M | $432.00M | $1.35B | $1.04B |
| Depreciation & Amortization | - | - | $526.00M | $410.00M |
| Stock-based Compensation | - | - | $1.46B | $1.29B |
| Change in Receivables | - | - | $-740.00M | $-727.00M |
| Change in Payables | - | - | $48.00M | $42.00M |
| Operating Cash Flow | - | - | $3.21B | $2.63B |
| Capital Expenditure | - | - | $630.00M | $599.00M |
| Acquisitions | - | - | $215.00M | $82.00M |
| Purchases of Investments | - | - | $2.72B | $3.95B |
| Investing Cash Flow | - | - | $-1.19B | $-1.76B |
| Stock Repurchased | - | - | $1.24B | $400.00M |
| Financing Cash Flow | - | - | $-1.60B | $-872.00M |
| Net Change in Cash | - | - | $424.00M | $-11.00M |
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.