$12.67B
Revenue
$1.73B
Net Income
78.05%
Gross Margin
13.85%
Op. Margin
$7.43B
Free Cash Flow
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|
| Total Revenue | $3.41B | $3.21B | $3.09B | $2.96B | $2.80B | $2.63B |
| Revenue Growth % (YoY) | 21.8% | 22.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $774.00M | $724.00M | $651.00M | $631.00M | $584.00M | $552.00M |
| Gross Profit | $2.63B | $2.49B | $2.44B | $2.33B | $2.21B | $2.08B |
| Gross Margin % | 77.3% | 77.5% | 78.9% | 78.7% | 79.1% | 79.0% |
| Operating Expenses | $2.06B | $2.13B | $1.99B | $1.95B | $1.79B | $1.83B |
| Research & Development | $750.00M | $734.00M | $703.00M | $668.00M | $626.00M | $643.00M |
| Operating Income | $572.00M | $358.00M | $451.00M | $374.00M | $418.00M | $240.00M |
| Operating Margin % | 16.8% | 11.1% | 14.6% | 12.6% | 14.9% | 9.1% |
| Interest Expense | $22.00M | $11.00M | $11.00M | - | $23.00M | $12.00M |
| Other Income/Expense | $7.00M | $-3.00M | $-11.00M | $-17.00M | $-10.00M | $-10.00M |
| Income Before Tax | $694.00M | $471.00M | $555.00M | $463.00M | $516.00M | $334.00M |
| Income Tax Expense | $192.00M | $86.00M | $95.00M | $79.00M | $84.00M | $72.00M |
| Net Income | $502.00M | $385.00M | $460.00M | $384.00M | $432.00M | $262.00M |
| Net Margin % | 14.7% | 12.0% | 14.9% | 13.0% | 15.4% | 10.0% |
| Basic EPS | 2.42 | 1.86 | 2.22 | 1.86 | 2.09 | 1.27 |
| Diluted EPS | 2.40 | 1.84 | 2.20 | 1.84 | 2.07 | 1.26 |
| Basic Shares Outstanding | 207.6M | 207.2M | 206.8M | 195K | 206.2M | 205.6M |
| Diluted Shares Outstanding | 209.5M | 209.3M | 209.4M | 419K | 208.6M | 207.8M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.73B | $3.12B | $3.37B | $2.30B | $1.89B | $2.16B |
| Accounts Receivable | $1.55B | $1.70B | $1.36B | $2.24B | $1.31B | $1.52B |
| Other Current Assets | $846.00M | $896.00M | $781.00M | $668.00M | $591.00M | $608.00M |
| Total Current Assets | $8.36B | $9.28B | $9.27B | $9.19B | $7.70B | $8.02B |
| Property Plant & Equipment | $2.13B | $1.99B | $1.89B | $1.76B | $1.72B | $1.61B |
| Goodwill | $1.82B | $1.78B | $1.30B | $1.27B | $1.29B | $1.24B |
| Intangible Assets | $391.00M | $319.00M | $230.00M | $209.00M | $214.00M | $220.00M |
| Other Non-current Assets | $272.00M | $864.00M | $764.00M | $763.00M | $635.00M | $599.00M |
| Total Assets | $21.79B | $22.05B | $20.97B | $20.38B | $18.43B | $18.21B |
| Accounts Payable | $146.00M | $211.00M | $309.00M | $68.00M | $165.00M | $296.00M |
| Accrued Liabilities | $1.27B | $1.38B | $1.11B | $1.37B | $1.06B | $1.16B |
| Deferred Revenue | $6.35B | $6.80B | $6.74B | $6.82B | $5.46B | $5.62B |
| Total Current Liabilities | $7.87B | $8.49B | $8.26B | $8.36B | $6.79B | $7.17B |
| Other Non-current Liabilities | $211.00M | $209.00M | $162.00M | $145.00M | $142.00M | $127.00M |
| Total Liabilities | $10.49B | $11.12B | $10.83B | $10.77B | $9.14B | $9.54B |
| Common Stock | - | - | - | - | - | - |
| Retained Earnings | $4.84B | $4.34B | $3.95B | $3.49B | $3.11B | $2.68B |
| Total Stockholders Equity | $11.30B | $10.93B | $10.14B | $9.61B | $9.29B | $8.67B |
| Total Liabilities & Equity | $21.79B | $22.05B | $20.97B | $20.38B | $18.43B | $18.21B |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|
| Net Income | $502.00M | $385.00M | $460.00M | $384.00M | $1.04B | $262.00M |
| Depreciation & Amortization | $526.00M | $332.00M | $160.00M | $154.00M | $410.00M | $266.00M |
| Stock-based Compensation | $1.46B | $969.00M | $470.00M | $454.00M | $1.29B | $866.00M |
| Change in Receivables | $-740.00M | $-599.00M | $-901.00M | $981.00M | $-727.00M | $-499.00M |
| Change in Payables | $48.00M | $133.00M | $234.00M | $-94.00M | $42.00M | $172.00M |
| Operating Cash Flow | $3.21B | $2.39B | $1.68B | $1.64B | $2.63B | $1.96B |
| Capital Expenditure | $630.00M | $395.00M | $205.00M | $253.00M | $599.00M | $397.00M |
| Acquisitions | $215.00M | $76.00M | $18.00M | $31.00M | $82.00M | $41.00M |
| Purchases of Investments | $2.72B | $2.32B | $1.14B | $1.08B | $3.95B | $2.66B |
| Investing Cash Flow | $-1.19B | $-640.00M | $-217.00M | $-738.00M | $-1.76B | $-1.10B |
| Stock Repurchased | $1.24B | $659.00M | $298.00M | $296.00M | $400.00M | $175.00M |
| Financing Cash Flow | $-1.60B | $-944.00M | $-398.00M | $-471.00M | $-872.00M | $-580.00M |
| Net Change in Cash | $424.00M | $823.00M | $1.07B | $417.00M | $-11.00M | $263.00M |
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 | $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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.