$3.74B
Revenue
$1.32B
Net Income
95.33%
Gross Margin
46.03%
Op. Margin
$3.84B
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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $952.48M | $942.32M | $917.12M | $928.50M | $883.36M | $905.63M | $887.73M | $858.21M | $776.01M | $738.27M | $733.98M | $779.44M | $837.57M |
| Revenue Growth % (YoY) | 7.8% | 4.1% | 3.3% | 8.2% | 13.8% | 22.7% | 20.9% | 10.1% | -7.3% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $51.19M | $42.68M | $41.49M | $39.31M | $32.85M | $54.01M | $46.08M | $40.80M | $27.59M | $44.75M | $51.46M | $92.66M | $106.83M |
| Gross Profit | $901.30M | $899.64M | $875.62M | $889.19M | $850.51M | $851.62M | $841.65M | $817.40M | $748.42M | $693.53M | $682.52M | $686.77M | $730.74M |
| Gross Margin % | 94.6% | 95.5% | 95.5% | 95.8% | 96.3% | 94.0% | 94.8% | 95.2% | 96.4% | 93.9% | 93.0% | 88.1% | 87.2% |
| Operating Expenses | $525.30M | $524.06M | $523.08M | $528.26M | $511.94M | $522.65M | $480.79M | $495.98M | $449.26M | $443.86M | $480.67M | $499.43M | $521.76M |
| Operating Income | $441.56M | $444.48M | $409.80M | $425.74M | $395.87M | $469.75M | $679.37M | $391.92M | $360.76M | $336.67M | $290.21M | $428.66M | $357.02M |
| Operating Margin % | 46.4% | 47.2% | 44.7% | 45.9% | 44.8% | 51.9% | 76.5% | 45.7% | 46.5% | 45.6% | 39.5% | 55.0% | 42.6% |
| Interest Expense | $92.35M | $95.17M | $97.29M | $99.34M | $94.15M | $90.52M | $94.51M | $97.62M | $82.75M | $86.18M | $81.67M | $84.61M | $83.11M |
| Other Income/Expense | $1.75M | $3.69M | $7.48M | $15.62M | $9.56M | $4.21M | $2.35M | $2.86M | $-1.27M | $2.87M | $1.22M | $1.49M | $56.00K |
| Income Before Tax | $350.96M | $353.00M | $319.99M | $342.02M | $311.28M | $388.32M | $587.74M | $297.16M | $285.30M | $260.18M | $209.76M | $345.54M | $273.97M |
| Income Tax Expense | $2.09M | $2.24M | $3.44M | $444.00K | $15.39M | $755.00K | $1.52M | $1.41M | $905.00K | $659.00K | $1.42M | $504.00K | $387.00K |
| Net Income | $339.62M | $341.68M | $309.01M | $333.61M | $288.48M | $378.65M | $572.83M | $288.35M | $277.30M | $252.92M | $203.65M | $336.32M | $265.75M |
| Net Margin % | 35.7% | 36.3% | 33.7% | 35.9% | 32.7% | 41.8% | 64.5% | 33.6% | 35.7% | 34.3% | 27.7% | 43.1% | 31.7% |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $177.29M | $129.73M | $448.45M | $1.09B | $1.12B | $344.12M | $295.25M | $272.79M | $489.49M | $213.95M | $112.64M | $286.66M | $159.09M |
| Accounts Receivable | - | - | - | $701.23M | - | - | - | - | - | - | - | - | - |
| Other Current Assets | $57.09M | $70.65M | $68.24M | $54.89M | $36.32M | $39.85M | $50.75M | $52.99M | $31.48M | $29.03M | $64.35M | $59.51M | $86.28M |
| Total Current Assets | $917.05M | $905.01M | $1.19B | $1.85B | $1.83B | $1.07B | $1.07B | $992.41M | $1.14B | $797.20M | $735.30M | $900.42M | $896.30M |
| Property Plant & Equipment | $9.73B | $9.74B | $9.73B | $9.71B | $9.70B | $9.64B | $9.73B | $9.66B | $8.66B | $8.60B | $8.54B | $8.54B | $8.54B |
| Goodwill | $4.78M | $4.78M | $4.78M | $4.78M | $4.78M | $4.78M | $4.78M | $4.78M | $4.78M | $4.78M | $4.78M | $4.78M | $4.78M |
| Intangible Assets | $625.99M | $633.91M | $641.82M | $649.74M | $657.66M | $665.57M | $673.49M | $681.41M | $689.32M | $697.24M | $705.16M | $713.08M | $720.99M |
| Other Non-current Assets | $340.55M | $352.10M | $365.76M | $387.03M | $255.33M | $256.90M | $249.48M | $233.46M | $217.16M | $198.63M | $194.18M | $167.05M | $168.72M |
| Total Assets | $12.13B | $12.16B | $12.46B | $13.14B | $12.98B | $12.18B | $12.27B | $12.47B | $11.63B | $11.22B | $11.11B | $11.27B | $11.47B |
| Accrued Liabilities | $279.35M | $289.11M | $257.04M | $329.40M | $203.72M | $226.06M | $173.72M | $262.57M | $189.98M | $223.89M | $163.50M | $254.64M | $189.62M |
| Deferred Revenue | - | - | - | $11.05M | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $640.47M | $694.80M | $1.01B | $1.69B | $1.65B | $634.12M | $708.14M | $1.30B | $635.90M | $621.54M | $581.33M | $903.86M | $745.92M |
| Long-term Debt | $6.92B | $6.92B | $6.93B | $6.93B | $6.93B | $7.14B | $7.27B | $7.28B | $7.26B | $6.82B | $6.69B | $6.57B | $7.03B |
| Deferred Tax Liabilities | $31.91M | $31.69M | $31.39M | $29.68M | $29.65M | $15.73M | $15.70M | $15.47M | $15.38M | $15.28M | $15.35M | $14.42M | $14.18M |
| Other Non-current Liabilities | $810.21M | $790.27M | $777.06M | $751.40M | $624.01M | $597.05M | $526.51M | $480.21M | $452.19M | $433.77M | $426.59M | $385.63M | $368.93M |
| Total Liabilities | $8.80B | $8.83B | $9.12B | $9.77B | $9.60B | $8.76B | $8.89B | $9.44B | $8.67B | $8.20B | $8.01B | $8.16B | $8.47B |
| Total Liabilities & Equity | $12.13B | $12.16B | $12.46B | $13.14B | $12.98B | $12.18B | $12.27B | $12.47B | $11.63B | $11.22B | $11.11B | $11.27B | $11.47B |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $339.62M | $341.68M | $309.01M | $333.61M | $1.24B | $951.48M | $572.83M | $288.35M | $277.30M | $252.92M | $203.65M | $336.32M | $265.75M |
| Depreciation & Amortization | $170.32M | $342.57M | $170.46M | $162.99M | $487.44M | $163.43M | $157.99M | $165.19M | $147.36M | $143.49M | $144.63M | $151.91M | $430.45M |
| Stock-based Compensation | $29.42M | $18.96M | $8.25M | $9.42M | $28.57M | $19.81M | $9.42M | $9.97M | $22.04M | $14.86M | $7.20M | $6.54M | $21.25M |
| Deferred Income Tax | $2.24M | $2.01M | $1.71M | $33.00K | $14.18M | $259.00K | $230.00K | $90.00K | $954.00K | $855.00K | $924.00K | $242.00K | $1.76M |
| Change in Receivables | $-19.16M | $2.79M | $-28.63M | $30.20M | $12.60M | $25.28M | $53.71M | $17.77M | $60.57M | $-41.00K | $4.04M | $-96.66M | $212.96M |
| Operating Cash Flow | $1.66B | $1.09B | $530.79M | $554.45M | $1.58B | $1.03B | $399.71M | $473.30M | $1.19B | $793.25M | $302.42M | $489.22M | $1.21B |
| Investing Cash Flow | $-476.29M | $-314.76M | $-140.79M | $-230.32M | $191.15M | $381.85M | $396.85M | $-1.07B | $-538.58M | $-330.67M | $-179.18M | $138.01M | $-356.25M |
| Debt Repayment | $1.00B | $1.00B | $663.83M | - | $143.85M | $143.85M | $14.50M | $650.00M | $1.32B | $918.33M | $313.14M | $250.00M | $1.27B |
| Stock Repurchased | - | - | - | - | - | - | - | - | $134.60M | $7.10M | $7.06M | $40.52M | $447.07M |
| Dividends Paid | $1.05B | $696.25M | $341.00M | $340.91M | $905.15M | $564.30M | $223.44M | $223.43M | $755.00M | $533.56M | $196.57M | $197.06M | $538.69M |
| Financing Cash Flow | $-2.10B | $-1.74B | $-1.03B | $-358.40M | $-921.62M | $-1.34B | $-774.10M | $378.70M | $-446.61M | $-535.28M | $-297.26M | $-499.67M | $-898.86M |
| Net Change in Cash | $-913.18M | $-960.73M | $-642.02M | $-34.27M | $851.95M | $71.33M | $22.46M | $-216.71M | $202.84M | $-72.70M | $-174.01M | $127.56M | $-42.91M |
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 | $952.48M | - | $2.81B | - |
| Cost of Revenue | $51.19M | - | $135.36M | - |
| Operating Expenses | $525.30M | - | $1.57B | - |
| Operating Income | $441.56M | - | $1.30B | - |
| Interest Expense | $92.35M | - | $284.82M | - |
| Other Income/Expense | $1.75M | - | $12.92M | - |
| Income Before Tax | $350.96M | - | $1.02B | - |
| Income Tax Expense | $2.09M | - | $7.76M | - |
| Net Income | $339.62M | $387.56M | $990.30M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $177.29M | $1.09B |
| Other Current Assets | $57.09M | $54.89M |
| Total Current Assets | $917.05M | $1.85B |
| Property Plant & Equipment | $9.73B | $9.71B |
| Goodwill | $4.78M | $4.78M |
| Intangible Assets | $625.99M | $649.74M |
| Other Non-current Assets | $340.55M | $387.03M |
| Total Assets | $12.13B | $13.14B |
| Accrued Liabilities | $279.35M | $329.40M |
| Total Current Liabilities | $640.47M | $1.69B |
| Long-term Debt | $6.92B | $6.93B |
| Deferred Tax Liabilities | $31.91M | $29.68M |
| Other Non-current Liabilities | $810.21M | $751.40M |
| Total Liabilities | $8.80B | $9.77B |
| Total Liabilities & Equity | $12.13B | $13.14B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $339.62M | $387.56M | $990.30M | - |
| Depreciation & Amortization | $170.32M | - | $512.90M | - |
| Stock-based Compensation | - | - | $29.42M | - |
| Deferred Income Tax | - | - | $2.24M | - |
| Change in Receivables | - | - | $-19.16M | - |
| Operating Cash Flow | - | - | $1.66B | - |
| Investing Cash Flow | - | - | $-476.29M | - |
| Debt Repayment | - | - | $1.00B | - |
| Dividends Paid | - | - | $1.05B | - |
| Financing Cash Flow | - | - | $-2.10B | - |
| Net Change in Cash | - | - | $-913.18M | - |
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.