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$9.70B
Revenue
$1.03B
Net Income
35.72%
Gross Margin
17.60%
Op. Margin
$2.27B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 4 of 6 annual reports available (2018 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $9.70B $8.01B $6.86B $5.69B $5.00B
Revenue Growth % 21.0% 16.7% 20.6% 13.9% nan%
Cost of Revenue $6.23B $5.08B $4.46B $4.08B $3.48B
+ Gross Profit $3.46B $2.93B $2.40B $1.62B $1.52B
Gross Margin % 35.7% 36.6% 35.0% 28.4% 30.5%
Research & Development - $367.60M $303.50M - -
Selling General & Admin $1.52B $1.37B $1.31B $1.18B $1.11B
+ Operating Income $1.71B $1.37B $872.20M $223.40M $259.90M
Operating Margin % 17.6% 17.1% 12.7% 3.9% 5.2%
Interest Expense $100.10M $150.40M $180.10M $147.30M $90.60M
Income Before Tax $1.42B $765.40M $533.70M $167.00M $166.20M
Income Tax Expense $389.70M $269.60M $73.50M $90.40M $46.60M
+ Net Income $1.03B $495.80M $460.20M $76.60M $119.60M
Net Margin % 10.7% 6.2% 6.7% 1.3% 2.4%
Basic EPS 2.71 1.32 1.21 0.20 0.34
Diluted EPS 2.65 1.28 1.19 -0.04 0.33
Basic Shares Outstanding 382.0M 376.4M 380.1M 376.7M 355.5M
Diluted Shares Outstanding 390.9M 386.3M 386.2M 378.2M 360.1M
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $1.23B $780.40M $260.60M $439.10M
Accounts Receivable $2.36B $2.19B $1.89B $1.54B
Inventory $1.24B $884.30M $822.00M $616.30M
Other Current Assets $267.10M $151.60M $187.30M $106.80M
Total Current Assets $5.10B $4.00B $3.16B $2.70B
Property Plant & Equipment $625.10M $560.10M $489.40M $489.30M
Goodwill $1.32B $1.33B $1.28B $1.33B
Intangible Assets $1.49B $1.67B $1.82B $2.14B
Other Non-current Assets $92.00M $100.40M $134.00M $235.50M
Total Assets $9.13B $8.00B $7.10B $6.94B
Accounts Payable $1.32B $986.40M $984.00M $858.50M
Short-term Debt - - - $21.80M
Accrued Liabilities $612.60M $611.80M $872.40M $953.40M
Deferred Revenue $1.06B $638.90M $358.70M -
Other Current Liabilities $381.20M - - -
Total Current Liabilities $3.10B $2.31B $1.90B $1.85B
Long-term Debt $2.93B $2.92B $3.17B $2.95B
Deferred Tax Liabilities $240.30M $159.50M $176.50M $198.80M
Other Non-current Liabilities $282.30M $262.00M $219.60M $368.20M
Total Liabilities $6.70B $5.98B $5.65B $5.52B
Common Stock - - - -
Retained Earnings $-238.30M $-691.90M $-1.14B $-1.22B
Total Stockholders Equity $2.43B $2.01B $1.44B $1.42B
Total Liabilities & Equity $9.13B $8.00B $7.10B $6.94B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $1.20B $495.80M $460.20M $76.60M $119.60M
Depreciation & Amortization - $277.00M $271.00M - -
Stock-based Compensation $83.20M $34.60M $25.00M $24.70M $23.20M
Change in Working Capital $195.80M $-114.10M $-66.70M $449.20M $132.80M
Change in Receivables $728.90M $280.30M $272.50M $375.80M $117.40M
Change in Inventory $413.70M $369.30M $54.00M $211.40M $125.70M
Change in Payables $802.30M $343.10M $-17.70M $132.80M $105.10M
Operating Cash Flow $2.49B $1.32B $900.50M $-152.80M $210.90M
Capital Expenditure $223.90M $167.00M $127.90M $100.00M $73.40M
Acquisitions - $17.60M $28.80M $5.00M $1.16B
Investing Cash Flow $-1.20B $-201.70M $-139.10M $-112.10M $-1.22B
Stock Issued - - - - -
Stock Repurchased - $599.90M - - -
Dividends Paid $99.30M $42.20M $9.50M $3.80M $3.80M
Financing Cash Flow $-113.80M $-652.10M $-247.50M $100.20M $914.90M
Net Change in Cash $1.19B $443.60M $515.40M $-173.90M $-95.50M
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 $2.68B - $7.35B -
Cost of Revenue $1.67B - $4.76B -
Selling General & Admin $414.30M - $1.16B -
Operating Income $516.70M - $1.25B -
Interest Expense $22.80M - $69.40M -
Income Before Tax $492.20M - $1.18B -
Income Tax Expense $93.70M - $291.50M -
Net Income $398.50M $178.10M $887.20M -
Basic EPS 1.04 - 2.33 -
Diluted EPS 1.02 - 2.27 -
Basic Shares Outstanding $382.03M - $381.46M -
Diluted Shares Outstanding $390.93M - $390.26M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.40B $1.23B
Accounts Receivable $2.81B $2.36B
Inventory $1.44B $1.24B
Other Current Assets $360.80M $267.10M
Total Current Assets $6.55B $5.10B
Property Plant & Equipment $698.00M $625.10M
Goodwill $1.44B $1.32B
Intangible Assets $1.51B $1.49B
Other Non-current Assets $74.90M $92.00M
Total Assets $10.82B $9.13B
Accounts Payable $1.72B $1.32B
Accrued Liabilities $681.40M $612.60M
Deferred Revenue $1.13B $1.06B
Total Current Liabilities $3.58B $3.10B
Long-term Debt $2.90B $2.91B
Deferred Tax Liabilities $285.10M $240.30M
Other Non-current Liabilities $316.70M $282.30M
Total Liabilities $7.31B $6.70B
Common Stock - -
Retained Earnings $606.30M $-238.30M
Total Stockholders Equity $3.51B $2.43B
Total Liabilities & Equity $10.82B $9.13B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $398.50M $178.10M $887.20M -
Stock-based Compensation - - $38.70M -
Change in Working Capital - - $140.70M -
Change in Receivables - - $339.80M -
Change in Inventory - - $143.10M -
Change in Payables - - $362.10M -
Operating Cash Flow - - $1.13B -
Capital Expenditure $45.20M - $126.70M -
Acquisitions - - $221.70M -
Investing Cash Flow - - $-892.70M -
Stock Repurchased - - - -
Dividends Paid - - $42.60M -
Financing Cash Flow - - $-44.30M -
Net Change in Cash - - $212.00M -

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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