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$21.32B
Revenue
$2.92B
Net Income
36.16%
Gross Margin
18.61%
Op. Margin
$3.85B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 17 annual reports available (2009 - 2025)
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 $21.32B $21.32B $19.84B $17.68B $15.99B $14.14B
Revenue Growth % 0.0% 7.5% 12.2% 10.5% 13.1% nan%
Cost of Revenue $13.61B $13.61B $25.49B $11.82B $11.03B $9.67B
+ Gross Profit $7.71B $7.71B $-5.65B $5.86B $4.96B $4.47B
Gross Margin % 36.2% 36.2% -28.5% 33.1% 31.0% 31.6%
Research & Development - $347.60M $309.60M $252.30M - -
Selling General & Admin $3.74B $3.74B $3.58B $2.96B $2.55B $2.45B
+ Operating Income $3.97B $3.97B $3.50B $2.89B $2.42B $2.02B
Operating Margin % 18.6% 18.6% 17.6% 16.4% 15.1% 14.3%
Interest Expense $226.70M $226.70M $238.40M $234.50M $223.50M $233.70M
Other Income/Expense $-20.90M $-20.90M $-20.10M $-67.50M $-23.30M $1.10M
Income Before Tax - $3.68B $3.24B $2.57B $2.17B $1.79B
Income Tax Expense $705.90M $705.90M $627.60M $498.40M $375.90M $333.50M
+ Net Income $2.92B $2.92B $2.57B $2.02B $1.76B $1.42B
Net Margin % 13.7% 13.7% 12.9% 11.4% 11.0% 10.1%
Basic EPS nan 13.09 11.35 8.85 7.55 5.96
Diluted EPS nan 12.98 11.24 8.77 7.48 5.87
Basic Shares Outstanding - 223.0M 226.2M 228.6M - -
Diluted Shares Outstanding - 224.9M 228.4M 230.7M - -
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 $1.76B $1.59B $1.10B $1.22B $2.16B
Accounts Receivable $3.24B $3.09B $2.96B $2.78B $2.43B
Inventory $2.10B $1.97B $2.15B $1.99B $1.53B
Other Current Assets $760.80M $686.00M $665.70M $384.80M $351.50M
Total Current Assets $7.86B $7.34B $6.87B $6.38B $6.47B
Property Plant & Equipment $2.25B $2.02B $1.77B $1.54B $1.40B
Goodwill $6.46B $6.13B $6.10B $5.50B $5.50B
Intangible Assets $3.24B $3.31B $3.44B $3.26B $3.31B
Other Non-current Assets $1.61B $1.35B $1.21B $1.40B $1.38B
Total Assets $21.42B $20.15B $19.39B $18.08B $18.06B
Accounts Payable $2.15B $2.15B $2.03B $2.09B $1.79B
Short-term Debt $693.00M $452.20M $801.90M $1.05B $350.40M
Accrued Liabilities $2.83B $2.79B $2.63B $2.01B $2.07B
Total Current Liabilities $6.29B $6.07B $6.05B $5.69B $4.75B
Long-term Debt $4.62B $4.32B $3.98B $3.79B $4.49B
Other Non-current Liabilities $1.35B $1.12B $1.04B $1.15B $1.15B
Total Liabilities $12.82B $12.66B $12.37B $11.98B $11.79B
Common Stock $245.00M $249.00M $251.70M $253.30M $259.70M
Retained Earnings $10.42B $9.79B $9.13B $8.32B $8.35B
Treasury Stock $1.65B $1.72B $1.72B $1.72B $1.72B
Total Stockholders Equity $8.58B $7.46B $7.00B $6.09B $6.26B
Total Liabilities & Equity $21.42B $20.15B $19.39B $18.08B $18.06B
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 $3.52B $2.92B $2.57B $2.02B $1.76B $1.42B
Stock-based Compensation $156.20M $86.60M $82.90M $64.30M $56.30M $66.50M
Deferred Income Tax - $113.60M $-129.10M $-53.50M - -
Change in Inventory - $84.80M $-162.50M $96.40M $466.70M $348.80M
Change in Payables - $-2.60M $100.90M $-125.30M $317.90M $275.30M
Operating Cash Flow $4.57B $3.19B $3.15B $2.39B $1.50B $1.59B
Capital Expenditure $710.70M $383.00M $370.60M $300.70M $291.80M $223.00M
Acquisitions $816.80M $276.00M $180.30M $862.80M $234.70M $269.20M
Investing Cash Flow $-1.51B $-640.00M $-562.90M $-1.17B $-540.40M $-545.70M
Debt Repayment - $159.10M $507.50M $754.60M $9.60M $432.50M
Stock Repurchased $2.84B $1.48B $1.28B $669.30M $1.20B $1.10B
Dividends Paid $1.47B $837.30M $757.50M $683.70M $620.20M $561.10M
Financing Cash Flow $-4.70B $-2.50B $-2.02B $-1.35B $-1.85B $-2.13B
Net Change in Cash $-1.37B $173.20M $494.80M $-125.20M $-938.70M $-1.13B
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 $5.74B - $16.18B -
Cost of Revenue $3.62B - $10.22B -
Selling General & Admin $952.90M - $2.81B -
Operating Income $1.17B - $3.15B -
Interest Expense $55.60M - $171.10M -
Other Income/Expense $-18.00M - $-40.00M -
Income Tax Expense $231.50M - $583.10M -
Net Income $847.60M $759.90M $2.33B -
Basic EPS 3.81 - 10.42 -
Diluted EPS 3.78 - 10.33 -
Basic Shares Outstanding $222.60M - $223.40M -
Diluted Shares Outstanding $224.40M - $225.30M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Accounts Receivable $3.60B $3.09B
Inventory $2.36B $1.97B
Other Current Assets $775.50M $686.00M
Total Current Assets $7.86B $7.34B
Property Plant & Equipment $2.21B $2.02B
Goodwill $6.44B $6.13B
Intangible Assets $3.27B $3.31B
Other Non-current Assets $1.59B $1.35B
Total Assets $21.37B $20.15B
Accounts Payable $2.40B $2.15B
Short-term Debt $694.70M $452.20M
Accrued Liabilities $2.82B $2.79B
Total Current Liabilities $6.52B $6.07B
Long-term Debt $3.92B $4.32B
Other Non-current Liabilities $1.35B $1.12B
Total Liabilities $13.03B $12.66B
Common Stock $246.50M $249.00M
Retained Earnings $10.31B $9.79B
Treasury Stock $1.72B $1.72B
Total Stockholders Equity $8.33B $7.46B
Total Liabilities & Equity $21.37B $20.15B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $847.60M $759.90M $2.33B -
Stock-based Compensation - - $67.30M -
Operating Cash Flow - - $2.04B -
Capital Expenditure - - $277.20M -
Acquisitions - - $276.00M -
Investing Cash Flow - - $-554.60M -
Debt Repayment - - $157.30M -
Stock Repurchased - - $1.25B -
Dividends Paid - - $629.10M -
Financing Cash Flow - - $-2.06B -
Net Change in Cash - - $-464.30M -

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.

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