$9.01B
Revenue
$3.51B
Net Income
64.06%
Gross Margin
42.82%
Op. Margin
$6.66B
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $9.01B | $9.01B | $7.00B | $5.86B | $4.38B | $2.95B | $2.32B | $2.41B | $2.15B | $1.65B | $1.13B | $837.59M |
| Revenue Growth % | 0.0% | 28.6% | 19.5% | 33.8% | 48.6% | 27.2% | -3.9% | 12.1% | 30.7% | 45.8% | 34.8% | nan% |
| Cost of Revenue | $3.24B | $3.24B | $2.51B | $2.23B | $1.71B | $1.07B | $835.63M | $866.37M | $777.99M | $584.42M | $406.05M | $294.03M |
| Gross Profit | $5.77B | $5.77B | $4.49B | $3.63B | $2.68B | $1.88B | $1.48B | $1.54B | $1.37B | $1.06B | $723.12M | $543.56M |
| Gross Margin % | 64.1% | 64.1% | 64.1% | 61.9% | 61.1% | 63.8% | 63.9% | 64.1% | 63.8% | 64.5% | 64.0% | 64.9% |
| Operating Expenses | $1.91B | $1.91B | $1.55B | $1.37B | $1.15B | $956.04M | $782.20M | $738.56M | $1.10B | $591.50M | $479.71M | $394.25M |
| Research & Development | $1.24B | $1.24B | $996.72M | $854.92M | $728.39M | $586.75M | $486.59M | $462.76M | $442.47M | $349.59M | $273.58M | $209.45M |
| Operating Income | $3.86B | $3.86B | $2.94B | $2.26B | $1.53B | $924.74M | $699.68M | $805.77M | $273.35M | $470.27M | $243.41M | $149.31M |
| Operating Margin % | 42.8% | 42.8% | 42.0% | 38.5% | 34.9% | 31.4% | 30.2% | 33.4% | 12.7% | 28.6% | 21.6% | 17.8% |
| Interest Expense | - | - | - | - | - | - | - | - | $2.70M | $2.78M | $3.14M | - |
| Other Income/Expense | $393.60M | $393.60M | $320.42M | $164.78M | $54.69M | $6.14M | $39.18M | $56.50M | $18.16M | $7.27M | $1.95M | $-147.00K |
| Income Before Tax | $4.25B | $4.25B | $3.27B | $2.42B | $1.58B | $930.88M | $738.86M | $862.27M | $288.80M | $474.76M | $242.22M | $146.01M |
| Income Tax Expense | $738.30M | $738.30M | $412.98M | $334.70M | $229.35M | $90.03M | $104.31M | $2.40M | $-39.31M | $51.56M | $58.04M | $24.91M |
| Net Income | $3.51B | $3.51B | $2.85B | $2.09B | $1.35B | $840.85M | $634.56M | $859.87M | $328.12M | $423.20M | $184.19M | $121.10M |
| Net Margin % | 39.0% | 39.0% | 40.7% | 35.6% | 30.9% | 28.5% | 27.4% | 35.7% | 15.3% | 25.7% | 16.3% | 14.5% |
| Basic EPS | 2.80 | 2.79 | 2.27 | 6.75 | 4.41 | 2.74 | 8.35 | 11.26 | 4.39 | 5.85 | 2.66 | 1.81 |
| Diluted EPS | 2.76 | 2.75 | 2.23 | 6.58 | 4.27 | 2.63 | 7.99 | 10.63 | 4.06 | 5.35 | 2.50 | 1.67 |
| Basic Shares Outstanding | - | 1.26B | 1.26B | 309.4M | 306.5M | 306.5M | 76.0M | 76.3M | 74.8M | 72.3M | 68.8M | 66.0M |
| Diluted Shares Outstanding | - | 1.28B | 1.28B | 317.1M | 316.5M | 319.2M | 79.5M | 80.9M | 80.8M | 79.0M | 73.2M | 71.4M |
| 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) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.96B | $2.76B | $1.94B | $671.71M | $620.81M | $893.22M | $1.11B | $649.95M | $859.19M | $567.92M | $687.33M |
| Accounts Receivable | $1.89B | $1.14B | $1.02B | $923.10M | $516.51M | $389.54M | $391.99M | $331.78M | $247.35M | $253.12M | $144.26M |
| Inventory | $2.25B | $1.83B | $1.95B | $1.29B | $650.12M | $479.67M | $243.82M | $264.56M | $306.20M | $236.49M | $92.13M |
| Other Current Assets | $1.51B | $632.29M | $412.52M | $314.22M | $237.74M | $94.92M | $111.46M | $162.32M | $177.33M | $168.68M | $50.61M |
| Total Current Assets | $16.39B | $11.91B | $8.39B | $5.55B | $4.81B | $3.84B | $3.47B | $2.71B | $2.27B | $1.53B | $974.33M |
| Property Plant & Equipment | $203.10M | $98.84M | $101.58M | $95.01M | $78.63M | $32.23M | $39.27M | $75.36M | $74.28M | $76.96M | $79.71M |
| Goodwill | $416.10M | $268.50M | $268.53M | $265.92M | $188.40M | $189.70M | $54.85M | $53.68M | - | - | - |
| Intangible Assets | $288.80M | $62.00M | $88.77M | $122.20M | $93.56M | $122.79M | $45.23M | $58.61M | - | - | - |
| Long-term Investments | - | - | - | $39.47M | $20.25M | $8.31M | $4.15M | $30.34M | $36.14M | - | - |
| Other Non-current Assets | $668.80M | $263.30M | $151.90M | $73.75M | $33.44M | $30.07M | $30.35M | $22.70M | $18.89M | $18.82M | $20.79M |
| Total Assets | $19.45B | $14.04B | $9.95B | $6.78B | $5.73B | $4.74B | $4.19B | $3.08B | $2.46B | $1.73B | $1.16B |
| Accounts Payable | $651.70M | $381.08M | $435.06M | $232.57M | $202.64M | $134.24M | $92.11M | $93.76M | $52.20M | $79.46M | $43.97M |
| Accrued Liabilities | $475.40M | $435.28M | $407.30M | $292.49M | $226.64M | $143.36M | $140.25M | $123.25M | $133.83M | $90.95M | $60.97M |
| Deferred Revenue | $4.00B | $1.73B | $915.20M | $637.43M | $593.58M | $396.26M | $312.67M | $358.59M | $327.71M | $273.35M | $122.05M |
| Other Current Liabilities | $246.80M | $188.58M | $152.04M | $131.04M | $86.97M | $94.39M | $52.05M | $30.91M | $16.17M | $15.79M | $8.03M |
| Total Current Liabilities | $5.38B | $2.73B | $1.91B | $1.29B | $1.11B | $768.24M | $597.07M | $606.50M | $529.90M | $459.55M | $235.01M |
| Deferred Tax Liabilities | - | - | - | $42.00K | $129.07M | $227.94M | $254.71M | $3.75M | - | - | - |
| Other Non-current Liabilities | $331.80M | $252.76M | $131.39M | $58.40M | $54.75M | $42.43M | $37.69M | $31.85M | $9.74M | $7.96M | $6.70M |
| Total Liabilities | $7.08B | $4.05B | $2.73B | $1.89B | $1.76B | $1.42B | $1.29B | $938.59M | $798.95M | $621.19M | $371.74M |
| Common Stock | $100.00K | $126.00K | $31.00K | $31.00K | $31.00K | $8.00K | $8.00K | $8.00K | $7.00K | $7.00K | $7.00K |
| Retained Earnings | $9.45B | $7.54B | $5.11B | $3.14B | $2.46B | $2.03B | $1.79B | $1.19B | $859.11M | $435.11M | $250.92M |
| Total Stockholders Equity | $12.37B | $9.99B | $7.22B | $4.89B | $3.98B | $3.32B | $2.89B | $2.14B | $1.66B | $1.11B | $788.15M |
| Total Liabilities & Equity | $19.45B | $14.04B | $9.95B | $6.78B | $5.73B | $4.74B | $4.19B | $3.08B | $2.46B | $1.73B | $1.16B |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.51B | $3.51B | $2.85B | $2.09B | $1.35B | $840.85M | $634.56M | $859.87M | $328.12M | $423.20M | $184.19M | $121.10M |
| Depreciation & Amortization | $113.00M | $72.60M | $62.04M | $70.63M | $62.70M | $50.33M | $44.59M | $32.85M | $27.67M | $20.64M | $19.75M | $13.67M |
| Stock-based Compensation | $710.40M | $439.20M | $355.36M | $296.76M | $230.93M | $186.88M | $137.04M | $101.28M | $91.20M | $75.43M | $59.03M | $45.30M |
| Deferred Income Tax | $-757.00M | $-312.00M | $-492.87M | $-370.80M | $-244.38M | $-99.29M | $-9.14M | $-75.74M | $-57.90M | $8.43M | $-21.72M | $-24.41M |
| Change in Receivables | $1.52B | $746.40M | $106.08M | $101.47M | $401.53M | $126.97M | $-10.67M | $60.21M | $77.92M | $-5.77M | $108.86M | $47.28M |
| Change in Inventory | $759.70M | $412.50M | $-110.61M | $655.47M | $638.95M | $170.45M | $235.32M | $-20.93M | $-51.05M | $69.71M | $144.36M | $14.12M |
| Change in Payables | $427.20M | $260.50M | $-51.63M | $198.61M | $31.44M | $66.68M | $41.16M | $-1.94M | $39.34M | $-30.10M | $38.68M | $9.04M |
| Operating Cash Flow | $6.86B | $4.37B | $3.71B | $2.03B | $492.81M | $1.02B | $735.11M | $963.03M | $503.12M | $631.63M | $131.44M | $200.53M |
| Capital Expenditure | $200.30M | $119.50M | $32.03M | $34.43M | $44.64M | $64.74M | $15.38M | $15.75M | $23.83M | $15.28M | $21.42M | $19.99M |
| Acquisitions | - | $300.00M | - | $-1.80M | $145.09M | - | $227.42M | $1.36M | $96.82M | - | - | - |
| Purchases of Investments | $11.00B | $6.75B | $4.53B | $2.61B | $1.42B | $2.32B | $2.69B | $1.50B | $8.00M | - | $439.71M | - |
| Investing Cash Flow | $-5.73B | $-3.58B | $-2.46B | $-687.45M | $216.33M | $-925.56M | $-608.80M | $-284.07M | $-755.11M | $-392.58M | $-325.98M | $184.17M |
| Stock Repurchased | $3.37B | $1.60B | $423.62M | $112.28M | $670.29M | $411.64M | $395.17M | $266.14M | - | - | - | - |
| Financing Cash Flow | $-3.38B | $-1.60B | $-421.81M | $-83.75M | $-654.60M | $-360.88M | $-346.34M | $-217.96M | $42.85M | $51.47M | $75.60M | $63.10M |
| Net Change in Cash | $-2.25B | $-798.50M | $824.30M | $1.26B | $50.93M | $-272.40M | $-218.06M | $461.35M | $-210.53M | $292.53M | $-119.20M | $447.30M |
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-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.