$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) |
|---|---|---|---|---|---|---|
| Total Revenue | $6.27B | $6.27B | $5.88B | $5.50B | $5.28B | $5.05B |
| Revenue Growth % | 0.0% | 6.6% | 6.9% | 4.2% | 4.6% | nan% |
| Cost of Revenue | $3.25B | $3.25B | $3.02B | $2.85B | $2.77B | $2.64B |
| Gross Profit | $3.02B | $3.02B | $2.86B | $2.65B | $2.52B | $2.41B |
| Gross Margin % | 48.2% | 48.2% | 48.7% | 48.2% | 47.6% | 47.7% |
| Operating Expenses | $1.58B | $1.58B | $1.52B | $1.44B | $1.37B | $1.17B |
| Research & Development | $507.50M | $507.50M | $517.70M | $473.80M | $447.30M | $414.90M |
| Operating Income | $1.44B | $1.44B | $1.34B | $1.21B | $1.14B | $1.24B |
| Operating Margin % | 22.9% | 22.9% | 22.8% | 22.0% | 21.6% | 24.6% |
| Interest Expense | $434.70M | $434.70M | $463.00M | $476.30M | $312.20M | $205.70M |
| Other Income/Expense | $-23.00M | $-23.00M | $8.90M | $20.70M | $20.80M | $-18.20M |
| Income Before Tax | $974.80M | $974.80M | $893.70M | $857.70M | $876.10M | $1.04B |
| Income Tax Expense | $176.10M | $176.10M | $132.00M | $249.10M | $227.10M | $236.40M |
| Net Income | $796.90M | $796.90M | $760.50M | $607.10M | $650.20M | $800.00M |
| Net Margin % | 12.7% | 12.7% | 12.9% | 11.0% | 12.3% | 15.8% |
| Basic EPS | nan | 3.26 | 3.09 | 2.45 | 2.56 | 3.13 |
| Diluted EPS | nan | 3.15 | 3.00 | 2.39 | 2.48 | 2.99 |
| Basic Shares Outstanding | - | 244.3M | 246.4M | 248.3M | 254.0M | 255.6M |
| Diluted Shares Outstanding | - | 253.1M | 253.8M | 254.5M | 262.0M | 267.3M |
| 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 | $462.10M | $567.10M | $432.20M | $440.10M | $564.00M |
| Accounts Receivable | $978.70M | $902.00M | $799.40M | $778.60M | $713.40M |
| Other Current Assets | $193.70M | $179.80M | $165.80M | $193.80M | $187.50M |
| Total Current Assets | $5.49B | $4.86B | $4.05B | $2.42B | $4.25B |
| Property Plant & Equipment | $289.50M | $299.60M | $315.30M | $343.90M | $382.00M |
| Goodwill | $9.99B | $9.22B | $8.97B | $8.86B | $8.05B |
| Intangible Assets | $3.24B | $3.13B | - | - | - |
| Long-term Investments | $174.40M | $177.40M | - | - | - |
| Total Assets | $20.71B | $19.04B | $18.10B | $16.65B | $17.33B |
| Accounts Payable | $87.20M | $70.20M | $80.30M | $49.50M | $28.70M |
| Deferred Revenue | $492.40M | $486.10M | $470.30M | $464.70M | $334.00M |
| Total Current Liabilities | $5.11B | $4.35B | $3.77B | $2.19B | $3.85B |
| Long-term Debt | $7.41B | $6.99B | $6.67B | $7.02B | $5.90B |
| Deferred Tax Liabilities | $846.80M | $725.50M | $816.60M | $872.90M | $835.00M |
| Other Non-current Liabilities | $190.20M | $191.10M | $248.70M | $225.80M | $254.00M |
| Total Liabilities | $13.77B | $12.44B | $11.70B | $10.55B | $11.11B |
| Retained Earnings | $4.18B | $3.64B | $3.13B | $2.74B | $2.29B |
| Treasury Stock | $3.51B | $2.47B | $1.73B | $1.26B | $784.00M |
| Total Stockholders Equity | $6.89B | $6.53B | $6.34B | $6.04B | $6.17B |
| Total Liabilities & Equity | $20.71B | $19.04B | $18.10B | $16.65B | $17.33B |
| 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 | $1.01B | $796.90M | $760.50M | $607.10M | $650.20M | $800.00M |
| Depreciation & Amortization | $1.22B | $703.80M | $680.10M | $670.40M | $671.60M | $667.40M |
| Stock-based Compensation | $423.30M | $257.70M | $203.30M | $159.50M | $124.80M | $114.00M |
| Deferred Income Tax | - | $-17.40M | $-115.40M | $-82.90M | - | - |
| Change in Receivables | $107.00M | $46.00M | $119.10M | $23.10M | $38.10M | $72.20M |
| Change in Payables | $-12.10M | $14.10M | $-10.70M | $33.00M | $7.60M | $600.00K |
| Operating Cash Flow | $2.66B | $1.74B | $1.39B | $1.22B | $1.13B | $1.43B |
| Capital Expenditure | $129.10M | $80.80M | $61.40M | $56.60M | $63.40M | $51.30M |
| Acquisitions | $1.06B | $1.05B | $647.10M | $34.10M | $1.64B | $-7.30M |
| Purchases of Investments | - | $2.50M | $100.00K | $600.00K | $10.00M | $20.10M |
| Investing Cash Flow | $-1.52B | $-1.31B | $-855.70M | $-268.40M | $-1.76B | $-148.20M |
| Debt Repayment | $1.25B | $765.10M | $5.26B | $749.70M | $599.80M | $889.90M |
| Stock Repurchased | $1.72B | $1.04B | $737.50M | $471.60M | $476.10M | $487.90M |
| Dividends Paid | $437.90M | $253.80M | $244.90M | $220.90M | $203.10M | $174.00M |
| Financing Cash Flow | $-296.00M | $-243.50M | $-152.30M | $712.80M | $-1.18B | $556.70M |
| Net Change in Cash | $872.30M | $203.30M | $371.90M | $1.66B | $-1.83B | $1.83B |
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.