$9.01B
Revenue
$3.51B
Net Income
64.06%
Gross Margin
42.82%
Op. Margin
$6.66B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $2.49B | $2.31B | $2.20B | $2.00B | $1.93B | $1.81B | $1.69B |
| Revenue Growth % (YoY) | 28.9% | 27.5% | 30.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $924.00M | $818.10M | $766.20M | $728.70M | $699.44M | $649.22M | $593.19M |
| Gross Profit | $1.56B | $1.49B | $1.44B | $1.28B | $1.23B | $1.16B | $1.10B |
| Gross Margin % | 62.9% | 64.6% | 65.2% | 63.7% | 63.8% | 64.2% | 64.9% |
| Operating Expenses | $530.90M | $512.00M | $452.40M | $417.30M | $431.34M | $376.47M | $397.64M |
| Research & Development | $348.40M | $326.00M | $296.50M | $266.40M | $285.02M | $235.82M | $267.48M |
| Operating Income | $1.03B | $978.20M | $986.20M | $858.80M | $799.65M | $785.25M | $699.57M |
| Operating Margin % | 41.5% | 42.4% | 44.7% | 42.8% | 41.4% | 43.4% | 41.4% |
| Other Income/Expense | $104.50M | $98.90M | $94.00M | $96.20M | $89.28M | $97.66M | $70.86M |
| Income Before Tax | $1.14B | $1.08B | $1.08B | $955.00M | $888.93M | $882.91M | $770.44M |
| Income Tax Expense | $181.60M | $224.10M | $191.40M | $141.20M | $87.93M | $134.97M | $105.01M |
| Net Income | $955.80M | $853.00M | $888.80M | $813.80M | $801.00M | $747.94M | $665.43M |
| Net Margin % | 38.4% | 37.0% | 40.3% | 40.6% | 41.5% | 41.3% | 39.4% |
| Basic EPS | 0.76 | 0.68 | 0.71 | 0.65 | -4.27 | 2.38 | 2.12 |
| Diluted EPS | 0.75 | 0.67 | 0.70 | 0.64 | -4.18 | 2.33 | 2.08 |
| Basic Shares Outstanding | - | 1.26B | 1.26B | 1.26B | 942.6M | 314.5M | 313.7M |
| Diluted Shares Outstanding | - | 1.28B | 1.27B | 1.28B | 961.0M | 320.4M | 319.9M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.96B | $2.33B | $2.23B | $1.85B | $2.76B | $3.18B | $2.43B |
| Accounts Receivable | $1.89B | $1.49B | $1.62B | $1.44B | $1.14B | $1.13B | $1.23B |
| Inventory | $2.25B | $2.16B | $2.06B | $1.96B | $1.83B | $1.77B | $1.85B |
| Other Current Assets | $1.51B | $1.43B | $976.40M | $733.50M | $632.29M | $548.69M | $487.79M |
| Total Current Assets | $16.39B | $15.18B | $13.50B | $12.28B | $11.91B | $10.88B | $9.84B |
| Property Plant & Equipment | $203.10M | $172.60M | $152.30M | $123.90M | $98.84M | $93.03M | $96.28M |
| Goodwill | $416.10M | $416.20M | $416.50M | $268.50M | $268.50M | - | $268.53M |
| Intangible Assets | $288.80M | - | - | $56.40M | $62.00M | - | $75.39M |
| Other Non-current Assets | $668.80M | $609.80M | $659.40M | $245.20M | $263.30M | $220.29M | $163.54M |
| Total Assets | $19.45B | $18.05B | $16.53B | $14.51B | $14.04B | $12.85B | $11.62B |
| Accounts Payable | $651.70M | $481.00M | $543.90M | $389.10M | $381.08M | $289.16M | $297.83M |
| Accrued Liabilities | $475.40M | $471.00M | $380.70M | $263.10M | $435.28M | $323.99M | $320.07M |
| Deferred Revenue | $4.00B | $3.52B | $2.79B | $2.07B | $1.73B | $1.60B | $1.33B |
| Other Current Liabilities | $246.80M | $193.90M | $339.20M | $147.60M | $188.58M | $221.63M | $214.53M |
| Total Current Liabilities | $5.38B | $4.67B | $4.05B | $3.12B | $2.73B | $2.43B | $2.16B |
| Other Non-current Liabilities | $331.80M | $309.60M | $307.10M | $257.80M | $252.76M | $142.12M | $133.38M |
| Total Liabilities | $7.08B | $6.14B | $5.63B | $4.40B | $4.05B | $3.60B | $3.19B |
| Common Stock | $100.00K | $100.00K | $100.00K | $100.00K | $126.00K | $31.00K | $31.00K |
| Retained Earnings | $9.45B | $9.12B | $8.26B | $7.57B | $7.54B | $6.87B | $6.18B |
| Total Stockholders Equity | $12.37B | $11.91B | $10.90B | $10.12B | $9.99B | $9.25B | $8.43B |
| Total Liabilities & Equity | $19.45B | $18.05B | $16.53B | $14.51B | $14.04B | $12.85B | $11.62B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
|---|---|---|---|---|---|---|---|
| Net Income | $955.80M | $853.00M | $888.80M | $813.80M | $801.00M | $2.05B | $1.30B |
| Depreciation & Amortization | $22.80M | $49.80M | $26.60M | $13.80M | $15.39M | $46.65M | $31.11M |
| Stock-based Compensation | $133.10M | $306.10M | $178.20M | $93.00M | $100.73M | $254.63M | $156.51M |
| Deferred Income Tax | $-109.50M | $-202.50M | $-337.90M | $-107.10M | $-116.15M | $-376.73M | $-228.46M |
| Change in Receivables | $397.50M | $348.90M | $483.10M | $295.40M | $9.58M | $96.50M | $202.23M |
| Change in Inventory | $91.40M | $321.10M | $224.50M | $122.70M | $64.61M | $-175.22M | $-91.40M |
| Change in Payables | $162.40M | $98.10M | $160.00M | $6.70M | $90.37M | $-142.00M | $-136.24M |
| Operating Cash Flow | $1.26B | $3.11B | $1.84B | $641.70M | $1.03B | $2.68B | $1.50B |
| Capital Expenditure | $37.00M | $82.50M | $52.40M | $28.40M | $12.45M | $19.58M | $12.55M |
| Acquisitions | - | $300.00M | $300.00M | - | - | - | - |
| Purchases of Investments | $1.93B | $4.82B | $2.71B | $1.55B | $1.93B | $2.59B | $1.75B |
| Investing Cash Flow | $-999.10M | $-2.58B | $-1.39B | $-765.90M | $-1.31B | $-1.15B | $-773.54M |
| Stock Repurchased | $620.10M | $983.00M | $983.00M | $787.10M | $123.80M | $299.82M | $234.67M |
| Financing Cash Flow | $-625.50M | $-970.40M | $-991.00M | $-793.80M | $-130.04M | $-291.77M | $-236.15M |
| Net Change in Cash | $-362.70M | $-435.80M | $-536.90M | $-917.30M | $-412.77M | $1.24B | $490.44M |
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 | $2.31B | $1.81B | $6.52B | $5.07B |
| Cost of Revenue | $818.10M | $649.20M | $2.31B | $1.81B |
| Gross Profit | $1.49B | $1.16B | $4.20B | $3.26B |
| Operating Expenses | $512.00M | $376.40M | $1.38B | $1.12B |
| Research & Development | $326.00M | $235.80M | $888.90M | $711.70M |
| Operating Income | $978.20M | $785.30M | $2.82B | $2.15B |
| Other Income/Expense | $98.90M | $97.60M | $289.10M | $231.10M |
| Income Before Tax | $1.08B | $882.90M | $3.11B | $2.38B |
| Income Tax Expense | $224.10M | $134.90M | $556.70M | $325.00M |
| Net Income | $853.00M | $748.00M | $2.56B | $2.05B |
| Basic EPS | 0.68 | 0.59 | 2.03 | 1.63 |
| Diluted EPS | 0.67 | 0.58 | 2.00 | 1.60 |
| Basic Shares Outstanding | $1.26B | $1.26B | $1.26B | $1.25B |
| Diluted Shares Outstanding | $1.28B | $1.28B | $1.28B | $1.28B |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.33B | $2.76B |
| Accounts Receivable | $1.49B | $1.14B |
| Inventory | $2.16B | $1.83B |
| Other Current Assets | $1.43B | $632.30M |
| Total Current Assets | $15.18B | $11.91B |
| Property Plant & Equipment | $172.60M | $98.80M |
| Goodwill | $416.20M | $268.50M |
| Other Non-current Assets | $609.80M | $325.30M |
| Total Assets | $18.05B | $14.04B |
| Accounts Payable | $481.00M | $381.10M |
| Accrued Liabilities | $471.00M | $435.30M |
| Deferred Revenue | $3.52B | $1.73B |
| Other Current Liabilities | $193.90M | $188.50M |
| Total Current Liabilities | $4.67B | $2.73B |
| Other Non-current Liabilities | $309.60M | $252.80M |
| Total Liabilities | $6.14B | $4.05B |
| Common Stock | $100.00K | $100.00K |
| Retained Earnings | $9.12B | $7.54B |
| Total Stockholders Equity | $11.91B | $9.99B |
| Total Liabilities & Equity | $18.05B | $14.04B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $853.00M | $748.00M | $2.56B | $2.05B |
| Depreciation & Amortization | - | - | $49.80M | $46.70M |
| Stock-based Compensation | - | - | $306.10M | $254.60M |
| Deferred Income Tax | - | - | $-202.50M | $-376.70M |
| Change in Receivables | - | - | $348.90M | $96.50M |
| Change in Inventory | - | - | $321.10M | $-175.20M |
| Change in Payables | - | - | $98.10M | $-142.00M |
| Operating Cash Flow | - | - | $3.11B | $2.68B |
| Capital Expenditure | - | - | $82.50M | $19.60M |
| Acquisitions | - | - | $300.00M | - |
| Purchases of Investments | - | - | $4.82B | $2.59B |
| Investing Cash Flow | - | - | $-2.58B | $-1.15B |
| Stock Repurchased | - | - | $983.00M | $299.80M |
| Financing Cash Flow | - | - | $-970.40M | $-291.80M |
| Net Change in Cash | - | - | $-435.80M | $1.24B |
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.