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$5.41B
Revenue
$521.73M
Net Income
29.01%
Gross Margin
14.64%
Op. Margin
$1.16B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 11 annual reports available (2015 - 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 $5.41B $5.41B $5.33B $5.19B $5.01B $3.49B $2.72B $2.62B $2.38B $1.91B $1.74B
Revenue Growth % 0.0% 1.5% 2.6% 3.7% 43.7% 28.3% 3.6% 10.1% 25.1% 9.4% nan%
Cost of Revenue $3.84B $3.84B $3.70B $3.59B $3.52B $2.51B $1.97B $1.94B $1.81B $1.45B $1.34B
+ Gross Profit $1.57B $1.57B $1.62B $1.60B $1.49B $974.39M $746.36M $681.27M $576.15M $461.11M $400.34M
Gross Margin % 29.0% 29.0% 30.5% 30.9% 29.7% 27.9% 27.5% 26.0% 24.2% 24.2% 23.0%
Selling General & Admin $777.06M $777.06M $738.58M $725.00M $689.55M $497.97M $391.31M $391.74M $367.20M $294.25M $278.74M
+ Operating Income $791.93M $791.93M $886.34M $878.83M $797.16M $476.42M $355.05M $289.52M $208.95M $136.86M $121.60M
Operating Margin % 14.6% 14.6% 16.6% 16.9% 15.9% 13.7% 13.1% 11.0% 8.8% 7.2% 7.0%
Interest Expense $88.46M $88.46M $69.97M $74.61M $56.72M $29.14M $32.46M $37.82M $28.69M $8.02M $5.61M
Other Income/Expense $15.42M $15.42M $27.54M $21.27M $1.69M $4.00K $733.00K $2.08M $558.00K $281.00K $277.00K
Income Before Tax $703.58M $703.58M $840.79M $825.48M $742.13M $433.44M $323.09M $253.78M $180.82M $128.04M $116.27M
Income Tax Expense $181.86M $181.86M $218.19M $211.23M $186.15M $109.43M $76.07M $62.78M $46.07M $-30.09M $43.67M
+ Net Income $521.73M $521.73M $622.60M $614.25M $555.99M $324.02M $247.02M $191.00M $134.75M $158.13M $72.61M
Net Margin % 9.6% 9.6% 11.7% 11.8% 11.1% 9.3% 9.1% 7.3% 5.7% 8.3% 4.2%
Basic EPS 18.43 18.41 20.41 19.44 17.26 9.88 7.50 5.65 3.86 4.41 1.93
Diluted EPS 18.31 18.28 20.29 19.33 17.14 9.78 7.42 5.56 3.78 4.32 1.92
Basic Shares Outstanding - 28.3M 30.5M 31.6M 32.2M 32.8M 32.9M 33.8M 34.9M 35.9M 37.6M
Diluted Shares Outstanding - 28.5M 30.7M 31.8M 32.4M 33.1M 33.3M 34.4M 35.6M 36.6M 37.9M
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 $184.74M $400.32M $848.57M $240.07M $139.78M $330.01M $184.81M $100.93M $56.52M $134.38M
Accounts Receivable $894.41M $751.61M $799.01M $836.07M $668.42M $427.34M $428.84M $407.11M $308.51M $252.62M
Inventory $505.17M $406.66M $364.73M $438.64M $352.80M $161.37M $149.08M $168.98M $131.34M $116.19M
Other Current Assets $50.48M $40.38M $36.94M $34.26M $26.69M $17.69M $17.10M $27.68M $15.22M $23.36M
Total Current Assets $1.63B $1.60B $2.05B $1.55B $1.19B $936.40M $779.83M $704.70M $511.59M $526.55M
Property Plant & Equipment $274.21M $263.22M - - - $180.05M $178.08M $167.96M $107.12M $92.76M
Goodwill $3.05B $2.11B $2.04B $1.97B $1.95B $1.41B $1.37B $1.36B $1.08B $1.05B
Intangible Assets $1.35B $557.69M $591.06M $614.97M $684.21M $190.60M $181.12M $199.39M $33.24M $2.66M
Other Non-current Assets $10.73M $10.37M $10.87M $16.45M $13.21M $11.32M $5.62M $5.29M $2.28M $3.62M
Total Assets $6.61B $4.74B $5.16B $4.61B $4.26B $2.82B $2.60B $2.45B $1.75B $1.69B
Accounts Payable $440.21M $456.45M $469.58M $487.11M $461.92M $331.71M $307.97M $313.17M $263.81M $241.53M
Deferred Revenue $38.31M $18.65M - - - - - - - -
Total Current Liabilities $844.82M $767.18M $771.54M $789.64M $733.43M $496.48M $476.75M $444.26M $351.40M $325.93M
Long-term Debt $2.85B $1.38B $1.37B $1.42B $1.45B $683.40M $697.96M $716.62M $229.39M $158.80M
Deferred Tax Liabilities $387.59M $240.34M $243.93M $251.48M $248.24M $168.57M $175.26M $176.21M $132.84M $193.72M
Other Non-current Liabilities $2.12M $1.45M $1.55M $2.35M $960.00K $13.64M $1.49M $1.91M $3.24M $433.00K
Total Liabilities $4.29B $2.53B $2.60B $2.68B $2.62B $1.47B $1.45B $1.38B $753.03M $717.57M
Common Stock $396.00K $396.00K $394.00K $393.00K $391.00K $389.00K $388.00K $387.00K $386.00K $385.00K
Retained Earnings $3.52B $2.99B $2.37B $1.76B $1.20B $876.66M $632.86M $441.87M $307.12M $148.98M
Treasury Stock - - - - $431.03M $386.67M $330.02M $216.61M $141.58M $22.30M
Total Stockholders Equity $2.32B $2.21B $2.56B $1.93B $1.64B $1.35B $1.15B $1.07B $996.52M $972.55M
Total Liabilities & Equity $6.61B $4.74B $5.16B $4.61B $4.26B $2.82B $2.60B $2.45B $1.75B $1.69B
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 $521.73M $521.73M $622.60M $614.25M $555.99M $324.02M $247.02M $191.00M $134.75M $158.13M $72.61M
Depreciation & Amortization $276.84M $169.37M $140.49M $132.88M $123.33M $79.39M $62.41M $52.70M $39.42M $16.45M $12.01M
Stock-based Compensation $31.49M $16.64M $16.58M $15.84M $12.31M $11.32M $14.75M $13.66M $11.32M $9.89M $7.67M
Change in Receivables $-73.67M $-79.77M $-56.02M $-20.81M $169.33M $69.04M $-2.61M $27.15M $35.52M $37.94M $19.95M
Change in Inventory $-35.02M $-17.09M $41.72M $-74.53M $93.87M $46.52M $11.84M $-17.43M $23.30M $14.90M $-1.37M
Change in Payables $-136.82M $-65.43M $-30.42M $-8.87M $26.58M $54.96M $16.84M $-5.12M $29.69M $17.94M $-11.70M
Operating Cash Flow $1.26B $756.32M $776.03M $849.41M $495.80M $403.02M $357.88M $271.78M $167.17M $113.19M $76.78M
Capital Expenditure $97.74M $59.43M $69.35M $64.00M $76.38M $55.55M $40.94M $45.54M $52.50M $25.31M $14.16M
Acquisitions $1.95B $1.93B $136.77M $149.15M $20.50M $1.27B $83.41M $6.95M $500.20M $84.09M $3.48M
Investing Cash Flow $-2.05B $-1.99B $-203.52M $-198.17M $-93.91M $-1.32B $-121.88M $-50.14M $-551.82M $-108.60M $-16.80M
Debt Repayment $1.01B $515.62M $47.04M $40.14M $38.66M $433.07M $324.95M $27.79M $18.40M $186.25M $15.00M
Stock Repurchased $1.00B $434.15M $966.35M - $250.05M $35.56M $49.15M $110.91M $65.03M $139.29M $22.30M
Financing Cash Flow $924.51M $1.02B $-1.02B $-43.84M $-300.07M $729.01M $-90.80M $-137.76M $429.06M $-82.45M $-38.46M
Net Change in Cash $135.09M $-215.58M $-448.25M $608.50M $100.29M $-190.23M $145.20M $83.88M $44.41M $-77.85M $21.53M
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 $1.39B - $3.92B -
Cost of Revenue $974.24M - $2.76B -
Gross Profit $418.92M - $1.16B -
Selling General & Admin $203.91M - $552.15M -
Operating Income $215.01M - $612.29M -
Interest Expense $28.41M - $65.56M -
Other Income/Expense $3.91M - $13.35M -
Income Before Tax $190.51M - $560.07M -
Income Tax Expense $48.28M - $142.86M -
Net Income $142.23M $150.72M $417.21M -
Basic EPS 5.08 - 14.65 -
Diluted EPS 5.04 - 14.56 -
Basic Shares Outstanding $28.02M - $28.47M -
Diluted Shares Outstanding $28.20M - $28.65M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.14B $400.32M
Accounts Receivable $874.31M $751.61M
Inventory $385.64M $406.66M
Other Current Assets $44.56M $40.38M
Total Current Assets $2.45B $1.60B
Goodwill $2.57B $2.11B
Intangible Assets $907.39M $557.69M
Other Non-current Assets $9.88M $10.37M
Total Assets $6.41B $4.74B
Accounts Payable $463.80M $456.45M
Total Current Liabilities $842.70M $767.18M
Long-term Debt $2.80B $1.33B
Deferred Tax Liabilities $331.43M $240.34M
Other Non-current Liabilities $2.34M $1.45M
Total Liabilities $4.19B $2.53B
Common Stock $396.00K $396.00K
Retained Earnings $3.41B $2.99B
Total Stockholders Equity $2.22B $2.21B
Total Liabilities & Equity $6.41B $4.74B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $142.23M $150.72M $417.21M -
Depreciation & Amortization - - $114.02M -
Stock-based Compensation - - $14.12M -
Change in Receivables - - $10.65M -
Change in Inventory - - $-23.50M -
Change in Payables - - $-14.78M -
Operating Cash Flow - - $579.59M -
Capital Expenditure - - $42.06M -
Acquisitions - - $851.18M -
Investing Cash Flow - - $-892.26M -
Debt Repayment - - $500.00M -
Stock Repurchased - - $417.15M -
Financing Cash Flow - - $1.05B -
Net Change in Cash - - $742.09M -

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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