$9.04B
Revenue
$957.00M
Net Income
38.46%
Gross Margin
13.54%
Op. Margin
$1.04B
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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $9.04B | $9.04B | $8.56B | $7.36B | $5.52B | $5.20B | $4.88B | $5.25B | $5.21B | $4.71B | $3.77B | $3.65B | $3.92B | $3.84B | $3.79B | $3.80B |
| Revenue Growth % | 0.0% | 5.5% | 16.3% | 33.4% | 6.3% | 6.5% | -7.1% | 0.8% | 10.6% | 24.8% | 3.2% | -6.7% | 2.1% | 1.2% | -0.3% | nan% |
| Cost of Revenue | $5.56B | $5.56B | $5.35B | $4.65B | $3.44B | $3.22B | $3.05B | $3.20B | $3.18B | $2.86B | $2.31B | $2.25B | $2.40B | $2.34B | $2.29B | $2.34B |
| Gross Profit | $3.48B | $3.48B | $3.21B | $2.72B | $2.08B | $1.98B | $1.83B | $2.05B | $2.03B | $1.85B | $1.46B | $1.40B | $1.51B | $1.50B | $1.50B | $1.46B |
| Gross Margin % | 38.5% | 38.5% | 37.5% | 36.9% | 37.7% | 38.0% | 37.5% | 39.0% | 38.9% | 39.3% | 38.7% | 38.4% | 38.6% | 39.1% | 39.6% | 38.4% |
| Research & Development | $226.00M | $226.00M | $230.00M | $232.00M | $206.00M | $204.00M | $187.00M | $191.00M | $189.00M | $180.00M | $110.00M | $95.00M | $104.00M | $104.00M | $106.00M | $100.00M |
| Selling General & Admin | $1.92B | $1.92B | $1.91B | $1.76B | $1.23B | $1.18B | $1.14B | $1.16B | $1.16B | $1.09B | $915.00M | $854.00M | $920.00M | $986.00M | $914.00M | $877.00M |
| Operating Income | $1.22B | $1.22B | $1.01B | $652.00M | $622.00M | $585.00M | $367.00M | $486.00M | $654.00M | $556.00M | $406.00M | $449.00M | $463.00M | $363.00M | $443.00M | $395.00M |
| Operating Margin % | 13.5% | 13.5% | 11.8% | 8.9% | 11.3% | 11.3% | 7.5% | 9.3% | 12.6% | 11.8% | 10.8% | 12.3% | 11.8% | 9.5% | 11.7% | 10.4% |
| Interest Expense | $105.00M | $61.00M | $67.00M | $49.00M | $50.00M | $76.00M | $77.00M | $67.00M | $82.00M | $82.00M | $70.00M | $55.00M | $54.00M | $55.00M | $55.00M | $17.00M |
| Other Income/Expense | $18.00M | $18.00M | $16.00M | $33.00M | $7.00M | - | $-5.00M | $-4.00M | $13.00M | $2.00M | $4.00M | - | $1.00M | $-10.00M | - | $5.00M |
| Income Before Tax | $1.18B | $1.18B | $1.09B | $635.00M | $440.00M | $511.00M | $285.00M | $416.00M | $585.00M | $466.00M | $340.00M | $403.00M | $421.00M | $298.00M | $388.00M | $383.00M |
| Income Tax Expense | $231.00M | $231.00M | $197.00M | $26.00M | $85.00M | $84.00M | $31.00M | $15.00M | $36.00M | $136.00M | $80.00M | $63.00M | $84.00M | $70.00M | $91.00M | $104.00M |
| Net Income | $957.00M | $957.00M | $890.00M | $609.00M | $355.00M | $427.00M | $254.00M | $401.00M | $549.00M | $331.00M | $260.00M | $340.00M | $337.00M | $228.00M | $297.00M | $279.00M |
| Net Margin % | 10.6% | 10.6% | 10.4% | 8.3% | 6.4% | 8.2% | 5.2% | 7.6% | 10.5% | 7.0% | 6.9% | 9.3% | 8.6% | 5.9% | 7.8% | 7.3% |
| Basic EPS | 3.92 | 3.93 | 3.67 | 2.81 | 1.97 | 2.37 | 1.41 | 2.23 | 3.05 | 1.84 | 1.45 | 1.88 | 1.84 | 1.23 | 1.60 | 1.51 |
| Diluted EPS | 3.92 | 3.92 | 3.65 | 2.79 | 1.96 | 2.35 | 1.40 | 2.21 | 3.03 | 1.83 | 1.45 | 1.87 | 1.83 | 1.22 | 1.59 | 1.50 |
| Basic Shares Outstanding | - | 243.4M | 242.6M | 217.0M | 180.2M | 180.2M | 180.1M | 180.0M | 179.8M | 179.6M | 179.1M | 180.9M | 183.1M | 185.2M | 185.8M | 185.1M |
| Diluted Shares Outstanding | - | 244.0M | 243.5M | 218.2M | 181.0M | 181.5M | 181.1M | 181.2M | 181.1M | 180.9M | 180.0M | 181.7M | 184.2M | 186.0M | 186.2M | 185.3M |
| 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) |
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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.48B | $1.12B | $1.02B | $944.00M | $1.35B | $1.88B | $724.00M | $296.00M | $414.00M | $308.00M | $680.00M | $663.00M | $533.00M | $504.00M | $318.00M |
| Accounts Receivable | $1.76B | $1.67B | $1.62B | $1.10B | $953.00M | $923.00M | $1.04B | $1.03B | $956.00M | $843.00M | $749.00M | $771.00M | $817.00M | $776.00M | $756.00M |
| Inventory | $983.00M | $996.00M | $1.02B | $799.00M | $700.00M | $558.00M | $539.00M | $595.00M | $524.00M | $522.00M | $433.00M | $486.00M | $475.00M | $443.00M | $426.00M |
| Other Current Assets | $244.00M | $236.00M | $230.00M | $173.00M | $158.00M | $167.00M | $151.00M | $172.00M | $177.00M | $166.00M | $143.00M | $144.00M | $143.00M | $110.00M | $97.00M |
| Total Current Assets | $4.64B | $4.10B | $3.88B | $3.01B | $3.16B | $3.52B | $2.45B | $2.09B | $2.07B | $1.84B | $2.00B | $2.10B | $2.01B | $1.87B | $1.64B |
| Property Plant & Equipment | $1.16B | $1.15B | $1.17B | $630.00M | $644.00M | $657.00M | $658.00M | $656.00M | $643.00M | $616.00M | $439.00M | $461.00M | $488.00M | $487.00M | $463.00M |
| Goodwill | $8.33B | $7.98B | $7.59B | $2.72B | $2.79B | $2.85B | $2.84B | $2.98B | $2.77B | $2.63B | $1.58B | $1.64B | $1.72B | $1.65B | $1.61B |
| Intangible Assets | $2.27B | $2.38B | $2.53B | $930.00M | $1.02B | $1.09B | $1.17B | $1.23B | $1.17B | $1.20B | $435.00M | $431.00M | $488.00M | $484.00M | $505.00M |
| Other Non-current Assets | $1.23B | $884.00M | $943.00M | $661.00M | $664.00M | $623.00M | $589.00M | $264.00M | $210.00M | $186.00M | $194.00M | $235.00M | $193.00M | $187.00M | $173.00M |
| Total Assets | $17.63B | $16.49B | $16.11B | $7.95B | $8.28B | $8.75B | $7.71B | $7.22B | $6.86B | $6.47B | $4.66B | $4.86B | $4.90B | $4.68B | $4.39B |
| Accounts Payable | $1.01B | $1.01B | $968.00M | $723.00M | $639.00M | $569.00M | $597.00M | $586.00M | $549.00M | $457.00M | $338.00M | $338.00M | $332.00M | $332.00M | $322.00M |
| Short-term Debt | $534.00M | $38.00M | - | - | - | - | - | - | - | - | - | - | - | - | $5.00M |
| Accrued Liabilities | $1.24B | $1.27B | $1.22B | $867.00M | $752.00M | $787.00M | $628.00M | $546.00M | $551.00M | $521.00M | $407.00M | $481.00M | $479.00M | $443.00M | $490.00M |
| Total Current Liabilities | $2.86B | $2.34B | $2.21B | $1.59B | $1.39B | $1.96B | $1.50B | $1.39B | $1.10B | $1.24B | $823.00M | $908.00M | $853.00M | $781.00M | $817.00M |
| Long-term Debt | $1.95B | $1.98B | $2.27B | $1.88B | $2.44B | $2.48B | $2.04B | $2.05B | $2.20B | $2.11B | $1.20B | $1.20B | $1.20B | $1.20B | $1.20B |
| Deferred Tax Liabilities | $405.00M | $497.00M | $557.00M | $222.00M | $287.00M | $242.00M | $310.00M | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.88B | $5.61B | $5.94B | $4.45B | $5.05B | $5.77B | $4.74B | $4.44B | $4.34B | $4.27B | $2.57B | $2.74B | $2.65B | $2.60B | $2.57B |
| Common Stock | $3.00M | $3.00M | $3.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M |
| Retained Earnings | $3.71B | $3.14B | $2.60B | $2.29B | $2.15B | $1.93B | $1.87B | $1.64B | $1.23B | $1.03B | $885.00M | $648.00M | $405.00M | $264.00M | $40.00M |
| Treasury Stock | $768.00M | $753.00M | $733.00M | $708.00M | $656.00M | $588.00M | $527.00M | $487.00M | $428.00M | $403.00M | $399.00M | $220.00M | $86.00M | $13.00M | - |
| Total Stockholders Equity | $11.48B | $10.64B | $10.17B | $3.49B | $3.22B | $2.97B | $2.96B | $2.77B | $2.50B | $2.19B | $2.08B | $2.13B | $2.24B | $2.07B | $1.83B |
| Total Liabilities & Equity | $17.63B | $16.49B | $16.11B | $7.95B | $8.28B | $8.75B | $7.71B | $7.22B | $6.86B | $6.47B | $4.66B | $4.86B | $4.90B | $4.68B | $4.39B |
| 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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $957.00M | $957.00M | $890.00M | $609.00M | $355.00M | $427.00M | $254.00M | $401.00M | $549.00M | $331.00M | $260.00M | $340.00M | $337.00M | $228.00M | $297.00M | $279.00M |
| Depreciation & Amortization | - | $575.00M | $562.00M | $436.00M | - | - | - | - | - | - | - | - | - | - | $142.00M | $137.00M |
| Stock-based Compensation | $65.00M | $53.00M | $56.00M | $60.00M | $37.00M | $33.00M | $26.00M | $29.00M | $30.00M | $21.00M | $18.00M | $15.00M | $18.00M | $27.00M | $22.00M | $13.00M |
| Deferred Income Tax | - | $-35.00M | $-36.00M | $-79.00M | $-64.00M | $10.00M | $-31.00M | $-77.00M | $-47.00M | $-33.00M | $14.00M | $-9.00M | $-29.00M | $-14.00M | $1.00M | $8.00M |
| Change in Receivables | $206.00M | $55.00M | $107.00M | $87.00M | $192.00M | $70.00M | $-109.00M | $23.00M | $103.00M | $79.00M | $6.00M | $24.00M | $37.00M | $47.00M | $-2.00M | $61.00M |
| Change in Inventory | $13.00M | $-23.00M | $41.00M | $-41.00M | $147.00M | $167.00M | $5.00M | $-47.00M | $97.00M | $-27.00M | $15.00M | $-23.00M | $49.00M | $39.00M | $-5.00M | $18.00M |
| Change in Payables | $-80.00M | $-22.00M | $64.00M | $22.00M | $117.00M | $81.00M | $-39.00M | $29.00M | $51.00M | $50.00M | $61.00M | $20.00M | $17.00M | $4.00M | $-4.00M | $-9.00M |
| Operating Cash Flow | $1.61B | $1.24B | $1.26B | $837.00M | $596.00M | $538.00M | $824.00M | $839.00M | $586.00M | $686.00M | $497.00M | $464.00M | $416.00M | $324.00M | $396.00M | $449.00M |
| Capital Expenditure | $571.00M | $331.00M | $321.00M | $271.00M | $208.00M | $208.00M | $183.00M | $226.00M | $237.00M | $170.00M | $124.00M | $117.00M | $119.00M | $126.00M | $112.00M | $126.00M |
| Acquisitions | $177.00M | $163.00M | $193.00M | $476.00M | - | - | - | $18.00M | $433.00M | $33.00M | $1.78B | $18.00M | - | $81.00M | $41.00M | $309.00M |
| Purchases of Investments | $49.00M | $49.00M | $11.00M | $1.00M | $11.00M | - | $200.00M | $7.00M | $11.00M | $11.00M | - | - | - | - | - | - |
| Investing Cash Flow | $-626.00M | $-471.00M | $-482.00M | $-628.00M | $-191.00M | $-183.00M | $-169.00M | $-231.00M | $-643.00M | $-181.00M | $-1.89B | $-132.00M | $-86.00M | $-199.00M | $-147.00M | $-423.00M |
| Debt Repayment | $114.00M | $82.00M | $17.00M | $160.00M | $527.00M | $600.00M | - | - | $120.00M | - | $608.00M | - | - | - | - | - |
| Stock Repurchased | $41.00M | $15.00M | $20.00M | $25.00M | $52.00M | $68.00M | $61.00M | $40.00M | $59.00M | $25.00M | $4.00M | $179.00M | $134.00M | $73.00M | $13.00M | - |
| Dividends Paid | $685.00M | $391.00M | $350.00M | $299.00M | $217.00M | $203.00M | $188.00M | $174.00M | $152.00M | $130.00M | $112.00M | $102.00M | $94.00M | $87.00M | $75.00M | $19.00M |
| Financing Cash Flow | $-861.00M | $-501.00M | $-615.00M | $-157.00M | $-790.00M | $-855.00M | $473.00M | $-177.00M | $-40.00M | $-421.00M | $1.03B | $-262.00M | $-147.00M | $-100.00M | $-74.00M | $172.00M |
| Net Change in Cash | $345.00M | $358.00M | $102.00M | $75.00M | $-405.00M | $-526.00M | $1.15B | $428.00M | $-118.00M | $106.00M | $-372.00M | $17.00M | $130.00M | $29.00M | $186.00M | $187.00M |
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.