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$4.40B
Revenue
$1.27B
Net Income
43.54%
Gross Margin
36.35%
Op. Margin
$1.47B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 14 annual reports available (2012 - 2025)
Breakdown TTM
(Aug 31, 2025)
FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
+ Total Revenue $4.40B $4.26B $2.33B $3.15B $1.78B $1.35B
Revenue Growth % 3.2% 83.2% -26.1% 77.0% 31.7% nan%
Cost of Revenue $2.48B $2.41B $1.78B $1.95B $1.44B $1.19B
+ Gross Profit $1.91B $1.85B $541.57M $1.20B $337.06M $160.66M
Gross Margin % 43.5% 43.4% 23.3% 38.0% 19.0% 11.9%
Selling General & Admin $322.03M $314.45M $252.62M $232.21M $198.63M $183.94M
+ Operating Income $1.60B $1.54B $312.45M $967.73M $143.54M $-26.26M
Operating Margin % 36.3% 36.1% 13.4% 30.8% 8.1% -1.9%
Interest Expense - $612.00K $549.00K $583.00K $403.00K $213.00K
Interest Income - $48.67M $32.27M $18.55M $988.00K $2.83M
Other Income/Expense $1.15M $1.13M $3.04M $1.87M $9.82M $4.07M
Income Before Tax $1.67B $1.60B $359.97M $998.55M $166.01M $-9.95M
Income Tax Expense $400.70M $384.91M $83.69M $241.82M $33.57M $-12.01M
+ Net Income $1.27B $1.22B $277.89M $758.02M $132.65M $2.06M
Net Margin % 28.9% 28.6% 11.9% 24.1% 7.5% 0.2%
Basic EPS 26.09 25.04 5.70 15.58 2.73 0.04
Diluted EPS 26.00 24.95 5.69 15.52 2.72 0.04
Basic Shares Outstanding 48.3M 48.7M 48.7M 48.6M 48.6M 48.5M
Diluted Shares Outstanding 48.4M 48.9M 48.9M 48.8M 48.7M 48.7M
Breakdown FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
Cash & Cash Equivalents $499.39M $237.88M $292.82M $59.08M $57.35M
Accounts Receivable $244.08M $138.55M $110.98M $169.11M $79.07M
Inventory $295.67M $261.78M $284.42M $263.32M $218.38M
Other Current Assets $7.98M $5.24M $5.38M $4.29M $5.41M
Total Current Assets $1.97B $1.24B $1.12B $661.52M $519.93M
Property Plant & Equipment $1.03B $857.23M $744.54M $677.80M $589.42M
Goodwill $46.78M $45.78M $44.01M $44.01M $35.52M
Intangible Assets $15.16M $16.00M $15.90M $18.13M $20.34M
Other Non-current Assets $16.80M $12.72M $10.71M $9.13M $6.77M
Total Assets $3.08B $2.18B $1.95B $1.43B $1.23B
Accounts Payable $101.03M $75.86M $82.59M $82.05M $52.78M
Accrued Liabilities $32.91M $37.80M $15.99M $13.53M $12.60M
Total Current Liabilities $308.37M $227.74M $182.73M $184.67M $90.10M
Deferred Tax Liabilities $154.65M $142.87M $152.21M $128.20M $114.41M
Other Non-current Liabilities $55.58M $17.11M $10.00M $9.53M $10.42M
Total Liabilities $518.60M $387.72M $344.94M $323.14M $216.39M
Retained Earnings $2.57B $1.76B $1.57B $1.07B $975.98M
Treasury Stock $85.89M $31.60M $30.01M $28.45M $27.43M
Total Stockholders Equity $2.56B $1.80B $1.61B $1.10B $1.01B
Total Liabilities & Equity $3.08B $2.18B $1.95B $1.43B $1.23B
Breakdown TTM
(Aug 31, 2025)
FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
Net Income $1.79B $1.22B $277.89M $758.02M $132.65M $2.06M
Depreciation & Amortization $169.50M $94.02M $80.24M $72.23M $68.39M $59.48M
Stock-based Compensation - $4.53M $4.36M $4.21M $4.06M $3.78M
Deferred Income Tax $11.43M $11.57M $-9.67M $24.47M $5.68M $22.35M
Change in Receivables - $105.00M $27.57M $-58.13M $88.06M -
Change in Inventory - $12.22M $-28.80M $21.10M $36.15M $31.16M
Operating Cash Flow $1.74B $1.22B $451.40M $863.01M $126.21M $26.14M
Capital Expenditure $272.14M $161.25M $147.12M $136.57M $72.40M $95.07M
Acquisitions $503.00M $116.19M $53.75M - $44.82M -
Purchases of Investments - $1.21B $573.57M $530.78M $98.24M $88.28M
Investing Cash Flow $-1.23B $-575.47M $-412.59M $-375.11M $-117.02M $-44.19M
Debt Repayment - $2.48M - - - -
Dividends Paid $532.23M $330.29M $91.86M $252.29M $6.12M $1.65M
Financing Cash Flow $-591.22M $-386.72M $-93.76M $-254.16M $-7.46M $-2.72M
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Aug 31, 2025
Condensed Consolidated Statements of Operations
Description Aug 31, 2025
Current Prior Year
Total Revenue $922.60M $785.87M
Cost of Revenue $611.29M $538.65M
Gross Profit $311.31M $247.22M
Selling General & Admin $69.51M $61.93M
Operating Income $249.18M $186.96M
Other Income/Expense $1.23M $1.21M
Income Before Tax $263.26M $197.95M
Income Tax Expense $64.16M $48.36M
Net Income $199.34M $149.98M
Basic EPS 4.13 3.08
Diluted EPS 4.12 3.06
Basic Shares Outstanding $48.28M $48.76M
Diluted Shares Outstanding $48.42M $48.93M
Condensed Consolidated Balance Sheets
Description Aug 31, 2025 May 31, 2025
Cash & Cash Equivalents $251.92M $499.39M
Accounts Receivable $242.85M $259.30M
Inventory $328.43M $295.67M
Other Current Assets $19.11M $7.98M
Total Current Assets $1.85B $1.97B
Property Plant & Equipment $1.20B $1.03B
Goodwill $75.81M $46.78M
Intangible Assets $50.44M $15.16M
Other Non-current Assets $16.83M $16.80M
Total Assets $3.20B $3.08B
Accounts Payable $108.77M $101.03M
Total Current Liabilities $269.95M $308.37M
Deferred Tax Liabilities $168.95M $154.65M
Other Non-current Liabilities $55.58M $55.58M
Total Liabilities $494.48M $518.60M
Common Stock $751.00K $751.00K
Retained Earnings $2.70B $2.57B
Treasury Stock $85.89M $85.89M
Total Stockholders Equity $2.70B $2.56B
Total Liabilities & Equity $3.20B $3.08B
Condensed Consolidated Statements of Cash Flows
Description Aug 31, 2025
Current Prior Year
Net Income $199.34M $149.98M
Depreciation & Amortization $29.66M $22.05M
Deferred Income Tax $13.68M $-14.61M
Operating Cash Flow $278.60M $117.45M
Capital Expenditure $45.30M $35.77M
Acquisitions $275.29M $111.52M
Investing Cash Flow $-409.71M $-135.87M
Dividends Paid $114.16M $37.76M
Financing Cash Flow $-114.18M $-37.79M

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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