$6.27B
Revenue
$796.90M
Net Income
48.17%
Gross Margin
22.91%
Op. Margin
$2.53B
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $6.27B | $6.27B | $5.88B | $5.50B | $5.28B | $5.05B | $4.67B | $4.63B | $3.42B | $1.68B | $1.48B |
| Revenue Growth % | 0.0% | 6.6% | 6.9% | 4.2% | 4.6% | 8.2% | 0.8% | 35.4% | 104.2% | 13.1% | nan% |
| Cost of Revenue | $3.25B | $3.25B | $3.02B | $2.85B | $2.77B | $2.64B | $2.57B | $2.61B | $2.05B | $886.42M | $800.49M |
| Gross Profit | $3.02B | $3.02B | $2.86B | $2.65B | $2.52B | $2.41B | $2.09B | $2.02B | $1.37B | $788.87M | $680.95M |
| Gross Margin % | 48.2% | 48.2% | 48.7% | 48.2% | 47.6% | 47.7% | 44.9% | 43.6% | 40.0% | 47.1% | 46.0% |
| Operating Expenses | $1.58B | $1.58B | $1.52B | $1.44B | $1.37B | $1.17B | $1.11B | $1.11B | $940.90M | $391.96M | $392.25M |
| Research & Development | $507.50M | $507.50M | $517.70M | $473.80M | $447.30M | $414.90M | $399.40M | $383.70M | $318.20M | $153.33M | $152.69M |
| Operating Income | $1.44B | $1.44B | $1.34B | $1.21B | $1.14B | $1.24B | $985.80M | $914.40M | $429.10M | $396.91M | $288.69M |
| Operating Margin % | 22.9% | 22.9% | 22.8% | 22.0% | 21.6% | 24.6% | 21.1% | 19.7% | 12.5% | 23.7% | 19.5% |
| Interest Expense | $434.70M | $434.70M | $463.00M | $476.30M | $312.20M | $205.70M | $249.90M | $409.60M | $280.10M | $108.64M | $129.94M |
| Other Income/Expense | $-23.00M | $-23.00M | $8.90M | $20.70M | $20.80M | $-18.20M | $41.60M | $25.70M | $8.20M | $-4.48M | $3.38M |
| Income Before Tax | $974.80M | $974.80M | $893.70M | $857.70M | $876.10M | $1.04B | $775.80M | $531.70M | $125.10M | $282.63M | $163.62M |
| Income Tax Expense | $176.10M | $176.10M | $132.00M | $249.10M | $227.10M | $236.40M | $150.60M | $93.20M | $21.90M | $-46.23M | $32.62M |
| Net Income | $796.90M | $796.90M | $760.50M | $607.10M | $650.20M | $800.00M | $625.20M | $438.50M | $103.20M | $328.86M | $131.00M |
| Net Margin % | 12.7% | 12.7% | 12.9% | 11.0% | 12.3% | 15.8% | 13.4% | 9.5% | 3.0% | 19.6% | 8.8% |
| Basic EPS | nan | 3.26 | 3.09 | 2.45 | 2.56 | 3.13 | 2.44 | 1.73 | 0.44 | 1.60 | 0.65 |
| Diluted EPS | nan | 3.15 | 3.00 | 2.39 | 2.48 | 2.99 | 2.35 | 1.66 | 0.42 | 1.55 | 0.64 |
| Basic Shares Outstanding | - | 244.3M | 246.4M | 248.3M | 254.0M | 255.6M | 256.4M | 252.9M | 232.5M | 204.9M | 200.3M |
| Diluted Shares Outstanding | - | 253.1M | 253.8M | 254.5M | 262.0M | 267.3M | 266.6M | 264.2M | 243.7M | 211.6M | 205.8M |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $462.10M | $567.10M | $432.20M | $440.10M | $564.00M | $209.30M | $152.80M | $166.70M | $64.06M | $117.56M |
| Accounts Receivable | $978.70M | $902.00M | $799.40M | $778.60M | $713.40M | $648.00M | $669.70M | $681.70M | $243.90M | $241.31M |
| Other Current Assets | $193.70M | $179.80M | $165.80M | $193.80M | $187.50M | $187.50M | $204.50M | $154.50M | $38.74M | $31.12M |
| Total Current Assets | $5.49B | $4.86B | $4.05B | $2.42B | $4.25B | $2.30B | $2.79B | $2.05B | $359.46M | $415.11M |
| Property Plant & Equipment | $289.50M | $299.60M | $315.30M | $343.90M | $382.00M | $412.80M | $466.40M | $553.20M | $100.96M | $80.39M |
| Goodwill | $9.99B | $9.22B | $8.97B | $8.86B | $8.05B | $8.08B | $7.96B | $7.86B | $3.71B | $3.65B |
| Intangible Assets | $3.24B | $3.13B | - | - | - | - | - | - | - | - |
| Long-term Investments | $174.40M | $177.40M | - | - | - | - | - | $190.50M | - | - |
| Total Assets | $20.71B | $19.04B | $18.10B | $16.65B | $17.33B | $15.92B | $16.74B | $16.11B | $5.54B | $5.71B |
| Accounts Payable | $87.20M | $70.20M | $80.30M | $49.50M | $28.70M | $28.10M | $36.90M | $41.40M | $27.09M | $16.49M |
| Deferred Revenue | $492.40M | $486.10M | $470.30M | $464.70M | $334.00M | $332.50M | $333.20M | $245.70M | $204.60M | $235.22M |
| Total Current Liabilities | $5.11B | $4.35B | $3.77B | $2.19B | $3.85B | $2.28B | $2.78B | $1.92B | $443.66M | $560.62M |
| Long-term Debt | $7.41B | $6.99B | $6.67B | $7.02B | $5.90B | $6.39B | $7.08B | $8.17B | $2.01B | $2.37B |
| Deferred Tax Liabilities | $846.80M | $725.50M | $816.60M | $872.90M | $835.00M | $923.80M | $1.09B | - | - | - |
| Other Non-current Liabilities | $190.20M | $191.10M | $248.70M | $225.80M | $254.00M | $287.90M | $333.70M | $235.50M | $118.68M | $59.23M |
| Total Liabilities | $13.77B | $12.44B | $11.70B | $10.55B | $11.11B | $10.21B | $11.62B | $11.53B | $2.85B | $3.45B |
| Common Stock | - | - | - | - | - | $2.60M | $2.60M | $2.50M | $2.08M | $2.05M |
| Retained Earnings | $4.18B | $3.64B | $3.13B | $2.74B | $2.29B | $1.67B | $1.18B | $847.10M | $766.86M | $492.35M |
| Treasury Stock | $3.51B | $2.47B | $1.73B | $1.26B | $784.00M | $296.10M | $78.30M | $18.00M | $18.00M | $18.00M |
| Total Stockholders Equity | $6.89B | $6.53B | $6.34B | $6.04B | $6.17B | $5.72B | $5.12B | $4.58B | $2.69B | $2.26B |
| Total Liabilities & Equity | $20.71B | $19.04B | $18.10B | $16.65B | $17.33B | $15.92B | $16.74B | $16.11B | $5.54B | $5.71B |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.01B | $796.90M | $760.50M | $607.10M | $650.20M | $800.00M | $625.20M | $438.50M | $103.20M | $328.86M | $131.00M |
| Depreciation & Amortization | $1.22B | $703.80M | $680.10M | $670.40M | $671.60M | $667.40M | $725.30M | $775.20M | $518.50M | $237.19M | $228.68M |
| Stock-based Compensation | $423.30M | $257.70M | $203.30M | $159.50M | $124.80M | $114.00M | $87.80M | $72.40M | $96.90M | $41.49M | $50.56M |
| Deferred Income Tax | - | $-17.40M | $-115.40M | $-82.90M | - | - | - | - | - | - | - |
| Change in Receivables | $107.00M | $46.00M | $119.10M | $23.10M | $38.10M | $72.20M | $-24.30M | $-9.90M | $-50.40M | $1.85M | $10.85M |
| Change in Payables | $-12.10M | $14.10M | $-10.70M | $33.00M | $7.60M | $600.00K | $-13.10M | $-700.00K | $-91.00M | $13.84M | $-1.30M |
| Operating Cash Flow | $2.66B | $1.74B | $1.39B | $1.22B | $1.13B | $1.43B | $1.18B | $1.33B | $640.10M | $471.80M | $418.40M |
| Capital Expenditure | $129.10M | $80.80M | $61.40M | $56.60M | $63.40M | $51.30M | $34.80M | $63.00M | $33.60M | $35.57M | $27.93M |
| Acquisitions | $1.06B | $1.05B | $647.10M | $34.10M | $1.64B | $-7.30M | $116.00M | $94.10M | $7.07B | $17.41M | $457.51M |
| Purchases of Investments | - | $2.50M | $100.00K | $600.00K | $10.00M | $20.10M | $60.90M | $300.00K | $16.40M | - | $1.00M |
| Investing Cash Flow | $-1.52B | $-1.31B | $-855.70M | $-268.40M | $-1.76B | $-148.20M | $-210.50M | $-140.50M | $-7.10B | $-63.30M | $-496.00M |
| Debt Repayment | $1.25B | $765.10M | $5.26B | $749.70M | $599.80M | $889.90M | $1.02B | $3.36B | $3.14B | $512.45M | $383.44M |
| Stock Issued | - | - | - | - | - | - | - | - | $1.40B | - | - |
| Stock Repurchased | $1.72B | $1.04B | $737.50M | $471.60M | $476.10M | $487.90M | $227.70M | $60.30M | - | - | $15.00K |
| Dividends Paid | $437.90M | $253.80M | $244.90M | $220.90M | $203.10M | $174.00M | $136.10M | $107.70M | $70.90M | $54.36M | $50.14M |
| Financing Cash Flow | $-296.00M | $-243.50M | $-152.30M | $712.80M | $-1.18B | $556.70M | $-1.43B | $-513.40M | $7.52B | $-468.00M | $-236.10M |
| Net Change in Cash | $872.30M | $203.30M | $371.90M | $1.66B | $-1.83B | $1.83B | $-451.50M | $676.10M | $1.05B | $-55.02M | $-317.30M |
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 | $1.57B | $1.47B | $4.62B | $4.35B |
| Cost of Revenue | $820.20M | $761.60M | $2.39B | $2.24B |
| Gross Profit | $747.80M | $704.20M | $2.23B | $2.11B |
| Operating Expenses | $382.10M | $379.10M | $1.16B | $1.12B |
| Research & Development | $118.60M | $131.30M | $375.80M | $380.90M |
| Operating Income | $365.70M | $325.10M | $1.07B | $985.60M |
| Interest Expense | $104.20M | $109.60M | $314.90M | $338.90M |
| Other Income/Expense | $5.30M | $9.30M | $11.40M | $16.50M |
| Income Before Tax | $253.90M | $224.60M | $754.70M | $653.80M |
| Income Tax Expense | $43.50M | $60.00M | $150.00M | $140.50M |
| Net Income | $210.00M | $164.40M | $603.80M | $512.30M |
| Basic EPS | 0.86 | 0.67 | 2.47 | 2.08 |
| Diluted EPS | 0.83 | 0.65 | 2.39 | 2.02 |
| Basic Shares Outstanding | $243.80M | $246.10M | $244.80M | $246.40M |
| Diluted Shares Outstanding | $252.60M | $254.10M | $253.10M | $253.30M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $388.30M | $567.10M |
| Accounts Receivable | $961.50M | $902.00M |
| Other Current Assets | $239.60M | $179.80M |
| Total Current Assets | $5.32B | $4.86B |
| Property Plant & Equipment | $322.30M | $299.60M |
| Goodwill | $9.38B | $9.22B |
| Total Assets | $19.49B | $19.04B |
| Accounts Payable | $54.80M | $70.20M |
| Deferred Revenue | $455.40M | $486.10M |
| Total Current Liabilities | $4.77B | $4.35B |
| Long-term Debt | $6.57B | $6.99B |
| Deferred Tax Liabilities | $784.70M | $725.50M |
| Other Non-current Liabilities | $167.90M | $191.10M |
| Total Liabilities | $12.50B | $12.44B |
| Retained Earnings | $4.05B | $3.64B |
| Treasury Stock | $3.19B | $2.47B |
| Total Stockholders Equity | $6.93B | $6.53B |
| Total Liabilities & Equity | $19.49B | $19.04B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $210.00M | $164.40M | $603.80M | $512.30M |
| Depreciation & Amortization | - | - | $521.10M | $504.30M |
| Stock-based Compensation | - | - | $172.90M | $147.90M |
| Change in Receivables | - | - | $54.50M | $100.40M |
| Change in Payables | - | - | $-16.70M | $-40.80M |
| Operating Cash Flow | - | - | $1.10B | $902.00M |
| Capital Expenditure | - | - | $70.30M | $41.70M |
| Acquisitions | - | - | $5.90M | $646.90M |
| Purchases of Investments | - | - | $2.50M | - |
| Investing Cash Flow | - | - | $-229.60M | $-802.60M |
| Debt Repayment | - | - | $545.10M | $5.06B |
| Stock Repurchased | - | - | $717.30M | $369.30M |
| Dividends Paid | - | - | $188.30M | $182.60M |
| Financing Cash Flow | - | - | $-791.90M | $-790.10M |
| Net Change in Cash | - | - | $89.60M | $-688.50M |
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.