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$14.30B
Revenue
$399.04M
Net Income
12.54%
Gross Margin
-
Op. Margin
$400.83M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 14 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)
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)
+ Total Revenue $14.30B $14.30B $12.30B $12.00B $9.78B $7.95B $6.32B $7.18B $6.91B $6.61B $5.13B
Revenue Growth % 0.0% 16.2% 2.6% 22.7% 23.0% 25.8% -12.0% 4.0% 4.6% 28.7% nan%
Cost of Revenue $12.51B $12.51B $10.68B $10.61B $8.59B $6.81B $5.27B $6.07B $5.94B $5.75B -
+ Gross Profit $1.79B $1.79B $1.63B $1.38B $1.19B $1.15B $1.05B $1.11B $970.11M $861.67M -
Gross Margin % 12.5% 12.5% 13.2% 11.5% 12.2% 14.4% 16.6% 15.5% 14.0% 13.0% nan%
Interest Expense $309.31M $176.47M $195.34M $237.65M $106.48M $61.81M $65.02M $84.97M $81.23M $59.16M $47.70M
Other Income/Expense $3.77M $3.78M $-11.01M $40.89M $1.36M $33.41M $27.47M $-14.04M $1.78M $12.99M $6.79M
Income Before Tax $515.40M $515.40M $250.96M $-82.70M $43.06M $430.07M $425.16M $510.94M $365.30M $371.83M $225.82M
Income Tax Expense $93.39M $93.38M $51.54M $-35.41M $9.17M $99.35M $102.47M $116.84M $106.07M $22.94M $91.78M
+ Net Income $399.04M $399.04M $162.79M $-49.95M $33.35M $328.83M $322.85M $392.33M $259.66M $347.21M $131.26M
Net Margin % 2.8% 2.8% 1.3% -0.4% 0.3% 4.1% 5.1% 5.5% 3.8% 5.3% 2.6%
Basic EPS 5.13 5.12 2.09 -0.64 0.45 4.54 4.43 5.22 3.30 4.29 1.63
Diluted EPS 5.07 5.07 2.06 -0.64 0.42 4.45 4.38 5.17 3.26 4.22 1.61
Basic Shares Outstanding - 77.9M 78.0M 77.5M 74.9M 72.5M 72.8M 75.2M 78.7M 80.9M 80.4M
Diluted Shares Outstanding - 78.7M 78.9M 77.5M 76.2M 73.9M 73.7M 75.8M 79.8M 82.3M 81.4M
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)
Cash & Cash Equivalents $396.03M $399.90M $529.56M $370.59M $360.74M $423.12M $71.43M $27.42M $40.33M $38.77M
Accounts Receivable $1.54B $1.38B $1.37B $1.40B $1.02B $784.49M $850.33M $1.92B $1.60B $1.16B
Inventory $112.47M $107.34M $108.15M $117.97M $92.59M $89.64M $100.07M $113.71M $76.99M $111.03M
Other Current Assets $94.83M $89.12M $104.21M $118.64M $81.88M $31.39M $75.17M $47.33M $35.76M $55.11M
Total Current Assets $4.33B $3.65B $3.97B $3.86B $2.87B $2.36B $2.17B $2.17B $1.85B $1.40B
Property Plant & Equipment - - - - - $982.33M $905.84M $747.81M $706.51M $549.08M
Goodwill $2.25B $2.20B $2.13B $2.05B $1.52B $1.24B $1.22B $1.10B $1.14B $995.87M
Intangible Assets $656.25M $727.37M $784.26M $946.30M $670.28M $184.04M $211.53M $169.37M $191.14M $179.71M
Other Non-current Assets $503.48M $447.24M $418.49M $409.16M $360.09M $282.86M $254.74M $253.44M $178.82M $55.98M
Total Assets $9.92B $8.98B $9.37B $9.29B $7.12B $5.23B $5.00B $4.44B $4.07B $3.18B
Accounts Payable $1.28B $1.11B $1.24B $1.11B $663.06M $571.27M $535.03M $669.71M $377.95M $363.67M
Accrued Liabilities $540.78M $455.04M $415.07M $365.97M $229.94M $187.65M $115.58M $133.03M $148.97M $112.29M
Deferred Revenue $747.73M $735.62M $480.97M $406.23M $313.96M $228.39M $206.18M $231.64M - -
Other Current Liabilities $123.41M $165.85M $184.62M $163.65M $141.16M $74.99M $74.78M $80.94M $65.45M $70.85M
Total Current Liabilities $3.27B $3.00B $2.84B $2.50B $1.78B $1.42B $1.22B $1.28B $963.83M $839.99M
Long-term Debt $2.18B $2.04B $2.89B $3.05B $1.88B $1.16B $1.31B $1.32B $1.28B $961.38M
Deferred Tax Liabilities $478.16M $362.77M $390.40M $571.40M $450.36M $302.94M $296.33M $263.69M $204.52M $166.60M
Other Non-current Liabilities $370.61M $326.14M $243.70M $238.39M $289.96M $230.05M $221.28M $176.41M $184.17M $99.77M
Total Liabilities $6.59B $5.99B $6.65B $6.55B $4.58B $3.22B $3.21B $3.05B $2.63B $2.08B
Common Stock $9.93M $9.90M $9.91M $9.86M $9.54M $9.31M $9.19M $9.13M $9.09M $9.06M
Retained Earnings $2.71B $2.31B $2.15B $2.20B $2.16B $1.83B $1.51B $1.12B $857.15M $509.94M
Total Stockholders Equity $3.26B $2.91B $2.71B $2.74B $2.54B $2.00B $1.79B $1.39B $1.43B $1.10B
Total Liabilities & Equity $9.92B $8.98B $9.37B $9.29B $7.12B $5.23B $5.00B $4.44B $4.07B $3.18B
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)
Net Income $408.94M $399.04M $162.79M $-49.95M $33.35M $328.83M $322.85M $392.33M $259.66M $347.21M $131.26M
Depreciation & Amortization - $427.10M $506.60M $603.20M - - - $235.48M $212.93M $188.05M $164.91M
Stock-based Compensation $57.26M $34.00M $32.67M $33.34M $27.45M $24.80M $21.88M $16.45M $13.53M $15.66M $15.07M
Deferred Income Tax - $115.20M $-34.50M $-140.90M - - $7.18M $22.16M $56.21M $18.28M $-3.94M
Change in Receivables $144.70M $140.81M $-29.63M $-45.01M $-6.30M $-149.15M $-87.37M $-113.06M $335.20M $417.49M $246.42M
Change in Inventory $6.11M $2.71M $-26.34M $-33.02M $20.52M $-10.15M $-17.90M $-24.05M $29.37M $-36.19M $22.23M
Operating Cash Flow $708.09M $545.71M $1.12B $687.28M $352.30M $793.07M $937.25M $550.28M $529.96M $156.26M $205.59M
Capital Expenditure $307.26M $259.99M $148.85M $192.94M $263.35M $170.07M $213.75M $126.47M $180.42M $123.41M $117.11M
Acquisitions $83.02M $71.04M $79.93M $69.39M $635.76M $1.24B $24.97M $179.48M $6.68M $116.00M $4.10M
Investing Cash Flow $-388.80M $-267.25M $-157.49M $-178.06M $-821.18M $-1.36B $-216.60M $-261.82M $-181.80M $-272.75M $-141.02M
Stock Repurchased $181.50M $77.33M - - $81.29M - $120.23M $5.65M $313.95M $1.55M -
Financing Cash Flow $-588.41M $-283.44M $-1.09B $-351.00M $480.90M $501.94M $-369.89M $-244.63M $-361.09M $118.16M $-29.49M
Net Change in Cash $-266.88M $-3.87M $-129.66M $158.97M $9.86M $-62.38M $351.69M $44.01M $-12.90M $1.56M $33.78M
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 $3.97B $3.25B $10.36B $8.90B
Cost of Revenue $3.43B $2.79B $9.07B $7.71B
Interest Expense $45.44M $47.05M $131.05M $150.97M
Other Income/Expense $-1.63M $-2.75M $1.31M $-4.64M
Income Before Tax $211.62M $136.96M $341.36M $154.53M
Income Tax Expense $45.12M $31.55M $72.40M $39.81M
Net Income $160.66M $95.24M $256.33M $88.05M
Basic EPS 2.07 1.22 3.29 1.13
Diluted EPS 2.04 1.21 3.26 1.12
Basic Shares Outstanding $77.70M $78.04M $77.86M $78.00M
Diluted Shares Outstanding $78.65M $78.91M $78.67M $78.80M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $231.42M $399.90M
Accounts Receivable $1.69B $1.38B
Inventory $111.87M $107.34M
Other Current Assets $102.85M $89.12M
Total Current Assets $4.31B $3.65B
Goodwill $2.21B $2.20B
Intangible Assets $632.49M $727.37M
Other Non-current Assets $451.28M $447.24M
Total Assets $9.69B $8.98B
Accounts Payable $1.29B $1.11B
Accrued Liabilities $498.86M $455.04M
Deferred Revenue $730.26M $735.62M
Other Current Liabilities $123.05M $165.85M
Total Current Liabilities $3.24B $3.00B
Long-term Debt $2.20B $2.04B
Deferred Tax Liabilities $449.12M $362.77M
Other Non-current Liabilities $373.93M $326.14M
Total Liabilities $6.51B $5.99B
Common Stock $9.93M $9.90M
Retained Earnings $2.56B $2.31B
Total Stockholders Equity $3.11B $2.91B
Total Liabilities & Equity $9.69B $8.98B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $160.66M $95.24M $256.33M $88.05M
Stock-based Compensation - - $25.63M $24.05M
Change in Receivables - - $304.80M $49.06M
Change in Inventory - - $7.53M $-18.74M
Operating Cash Flow - - $172.98M $649.93M
Capital Expenditure $68.70M $43.60M $179.76M $100.54M
Acquisitions - - $24.48M $33.81M
Investing Cash Flow - - $-155.33M $-80.80M
Stock Repurchased - - $77.33M -
Financing Cash Flow - - $-187.04M $-916.51M
Net Change in Cash - - $-168.49M $-348.34M

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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