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$9.04B
Revenue
$957.00M
Net Income
38.46%
Gross Margin
13.54%
Op. Margin
$1.04B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 15 annual reports available (2011 - 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 $9.04B $9.04B $8.56B $7.36B $5.52B $5.20B
Revenue Growth % 0.0% 5.5% 16.3% 33.4% 6.3% nan%
Cost of Revenue $5.56B $5.56B $5.35B $4.65B $3.44B $3.22B
+ Gross Profit $3.48B $3.48B $3.21B $2.72B $2.08B $1.98B
Gross Margin % 38.5% 38.5% 37.5% 36.9% 37.7% 38.0%
Research & Development $226.00M $226.00M $230.00M $232.00M $206.00M $204.00M
Selling General & Admin $1.92B $1.92B $1.91B $1.76B $1.23B $1.18B
+ Operating Income $1.22B $1.22B $1.01B $652.00M $622.00M $585.00M
Operating Margin % 13.5% 13.5% 11.8% 8.9% 11.3% 11.3%
Interest Expense $105.00M $61.00M $67.00M $49.00M $50.00M $76.00M
Other Income/Expense $18.00M $18.00M $16.00M $33.00M $7.00M -
Income Before Tax $1.18B $1.18B $1.09B $635.00M $440.00M $511.00M
Income Tax Expense $231.00M $231.00M $197.00M $26.00M $85.00M $84.00M
+ Net Income $957.00M $957.00M $890.00M $609.00M $355.00M $427.00M
Net Margin % 10.6% 10.6% 10.4% 8.3% 6.4% 8.2%
Basic EPS 3.92 3.93 3.67 2.81 1.97 2.37
Diluted EPS 3.92 3.92 3.65 2.79 1.96 2.35
Basic Shares Outstanding - 243.4M 242.6M 217.0M 180.2M 180.2M
Diluted Shares Outstanding - 244.0M 243.5M 218.2M 181.0M 181.5M
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 $1.48B $1.12B $1.02B $944.00M $1.35B
Accounts Receivable $1.76B $1.67B $1.62B $1.10B $953.00M
Inventory $983.00M $996.00M $1.02B $799.00M $700.00M
Other Current Assets $244.00M $236.00M $230.00M $173.00M $158.00M
Total Current Assets $4.64B $4.10B $3.88B $3.01B $3.16B
Property Plant & Equipment $1.16B $1.15B $1.17B $630.00M $644.00M
Goodwill $8.33B $7.98B $7.59B $2.72B $2.79B
Intangible Assets $2.27B $2.38B $2.53B $930.00M $1.02B
Other Non-current Assets $1.23B $884.00M $943.00M $661.00M $664.00M
Total Assets $17.63B $16.49B $16.11B $7.95B $8.28B
Accounts Payable $1.01B $1.01B $968.00M $723.00M $639.00M
Short-term Debt $534.00M $38.00M - - -
Accrued Liabilities $1.24B $1.27B $1.22B $867.00M $752.00M
Total Current Liabilities $2.86B $2.34B $2.21B $1.59B $1.39B
Long-term Debt $1.95B $1.98B $2.27B $1.88B $2.44B
Deferred Tax Liabilities $405.00M $497.00M $557.00M $222.00M $287.00M
Total Liabilities $5.88B $5.61B $5.94B $4.45B $5.05B
Common Stock $3.00M $3.00M $3.00M $2.00M $2.00M
Retained Earnings $3.71B $3.14B $2.60B $2.29B $2.15B
Treasury Stock $768.00M $753.00M $733.00M $708.00M $656.00M
Total Stockholders Equity $11.48B $10.64B $10.17B $3.49B $3.22B
Total Liabilities & Equity $17.63B $16.49B $16.11B $7.95B $8.28B
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 $957.00M $957.00M $890.00M $609.00M $355.00M $427.00M
Depreciation & Amortization - $575.00M $562.00M $436.00M - -
Stock-based Compensation $65.00M $53.00M $56.00M $60.00M $37.00M $33.00M
Deferred Income Tax - $-35.00M $-36.00M $-79.00M $-64.00M $10.00M
Change in Receivables $206.00M $55.00M $107.00M $87.00M $192.00M $70.00M
Change in Inventory $13.00M $-23.00M $41.00M $-41.00M $147.00M $167.00M
Change in Payables $-80.00M $-22.00M $64.00M $22.00M $117.00M $81.00M
Operating Cash Flow $1.61B $1.24B $1.26B $837.00M $596.00M $538.00M
Capital Expenditure $571.00M $331.00M $321.00M $271.00M $208.00M $208.00M
Acquisitions $177.00M $163.00M $193.00M $476.00M - -
Purchases of Investments $49.00M $49.00M $11.00M $1.00M $11.00M -
Investing Cash Flow $-626.00M $-471.00M $-482.00M $-628.00M $-191.00M $-183.00M
Debt Repayment $114.00M $82.00M $17.00M $160.00M $527.00M $600.00M
Stock Repurchased $41.00M $15.00M $20.00M $25.00M $52.00M $68.00M
Dividends Paid $685.00M $391.00M $350.00M $299.00M $217.00M $203.00M
Financing Cash Flow $-861.00M $-501.00M $-615.00M $-157.00M $-790.00M $-855.00M
Net Change in Cash $345.00M $358.00M $102.00M $75.00M $-405.00M $-526.00M
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 $2.27B - $6.64B -
Cost of Revenue $1.39B - $4.09B -
Gross Profit $883.00M - $2.54B -
Research & Development $52.00M - $166.00M -
Selling General & Admin $474.00M - $1.44B -
Operating Income $334.00M - $870.00M -
Interest Expense $6.00M - $43.00M -
Other Income/Expense $6.00M - $13.00M -
Income Before Tax $297.00M - $813.00M -
Income Tax Expense $71.00M - $196.00M -
Net Income $227.00M $194.00M $622.00M -
Basic EPS 0.93 - 2.56 -
Diluted EPS 0.93 - 2.55 -
Basic Shares Outstanding $243.45M - $243.32M -
Diluted Shares Outstanding $244.09M - $243.91M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.19B $1.12B
Accounts Receivable $1.80B $1.67B
Inventory $1.03B $996.00M
Other Current Assets $254.00M $236.00M
Total Current Assets $4.44B $4.10B
Property Plant & Equipment $1.14B $1.15B
Goodwill $8.28B $7.98B
Intangible Assets $2.32B $2.38B
Other Non-current Assets $1.11B $884.00M
Total Assets $17.30B $16.49B
Accounts Payable $968.00M $1.01B
Short-term Debt $49.00M $38.00M
Accrued Liabilities $1.17B $1.27B
Total Current Liabilities $2.27B $2.34B
Long-term Debt $1.91B $1.98B
Deferred Tax Liabilities $492.00M $497.00M
Total Liabilities $5.85B $5.61B
Common Stock $3.00M $3.00M
Retained Earnings $3.47B $3.14B
Treasury Stock $767.00M $753.00M
Total Stockholders Equity $11.21B $10.64B
Total Liabilities & Equity $17.30B $16.49B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $227.00M $194.00M $622.00M -
Stock-based Compensation $12.00M - $37.00M -
Change in Receivables - - $113.00M -
Change in Inventory - - $30.00M -
Change in Payables - - $-45.00M -
Operating Cash Flow - - $698.00M -
Capital Expenditure - - $248.00M -
Acquisitions - - $113.00M -
Purchases of Investments - - $26.00M -
Investing Cash Flow - - $-329.00M -
Debt Repayment - - $60.00M -
Stock Repurchased - - $14.00M -
Dividends Paid - - $293.00M -
Financing Cash Flow - - $-382.00M -
Net Change in Cash - - $70.00M -

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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