$14.43B
Revenue
$1.38B
Net Income
-
Gross Margin
14.78%
Op. Margin
$1.94B
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $14.43B | $14.43B | $14.26B | $14.21B | $13.69B | $14.30B |
| Revenue Growth % | 0.0% | 1.2% | 0.4% | 3.8% | -4.3% | nan% |
| Cost of Revenue | - | - | $29.96B | $10.02B | $9.77B | $10.11B |
| Gross Profit | - | - | $-15.70B | $4.19B | $3.92B | $4.19B |
| Gross Margin % | nan% | nan% | -110.1% | 29.5% | 28.6% | 29.3% |
| Operating Expenses | $12.19B | $12.19B | $12.02B | $12.04B | $11.68B | $12.21B |
| Research & Development | $152.00M | $152.00M | $152.00M | $144.00M | $150.00M | $159.00M |
| Selling General & Admin | $1.98B | $1.98B | $1.86B | $1.88B | $1.76B | $1.95B |
| Operating Income | $2.13B | $2.13B | $2.01B | $2.19B | $2.03B | $2.11B |
| Operating Margin % | 14.8% | 14.8% | 14.1% | 15.4% | 14.9% | 14.7% |
| Interest Expense | - | $217.00M | $183.00M | $155.00M | $134.00M | $129.00M |
| Income Before Tax | $1.93B | $1.93B | $2.04B | $2.03B | $1.89B | $1.96B |
| Income Tax Expense | $479.00M | $479.00M | $305.00M | $533.00M | $519.00M | $541.00M |
| Net Income | $1.38B | $1.38B | $1.65B | $1.41B | $1.25B | $1.25B |
| Net Margin % | 9.6% | 9.6% | 11.5% | 9.9% | 9.2% | 8.7% |
| Basic EPS | 3.52 | 3.52 | 4.10 | 3.42 | 2.98 | 2.91 |
| Diluted EPS | 3.50 | 3.50 | 4.07 | 3.39 | 2.96 | 2.89 |
| Basic Shares Outstanding | - | 392.8M | 401.7M | 411.4M | 420.0M | 427.7M |
| Diluted Shares Outstanding | - | 394.9M | 404.4M | 414.6M | 423.0M | 431.4M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.10B | $2.30B | $1.27B | $1.19B | $1.56B |
| Accounts Receivable | $3.69B | $3.43B | $3.54B | $3.36B | $3.23B |
| Inventory | $613.00M | $557.00M | $612.00M | $617.00M | $622.00M |
| Other Current Assets | $405.00M | $679.00M | $259.00M | $311.00M | $382.00M |
| Total Current Assets | $6.50B | $7.67B | $6.40B | $6.14B | $8.26B |
| Property Plant & Equipment | $743.00M | $701.00M | $727.00M | $719.00M | $774.00M |
| Goodwill | $1.70B | $1.55B | $1.59B | $1.57B | $1.67B |
| Intangible Assets | $343.00M | $311.00M | $335.00M | $369.00M | $419.00M |
| Other Non-current Assets | $410.00M | $362.00M | $328.00M | $287.00M | $297.00M |
| Total Assets | $10.65B | $11.32B | $10.12B | $9.82B | $12.28B |
| Accounts Payable | $2.14B | $1.88B | $1.88B | $1.72B | $1.56B |
| Short-term Debt | $215.00M | $51.00M | $32.00M | $670.00M | $24.00M |
| Accrued Liabilities | $1.85B | $1.92B | $1.87B | $1.79B | $1.99B |
| Deferred Revenue | $2.61B | $2.60B | $2.70B | $2.66B | $2.67B |
| Total Current Liabilities | $7.66B | $7.75B | $6.48B | $6.84B | $6.25B |
| Long-term Debt | $7.74B | $8.27B | $6.87B | $6.10B | $7.25B |
| Deferred Tax Liabilities | $223.00M | $207.00M | $245.00M | $279.00M | $267.00M |
| Other Non-current Liabilities | $329.00M | $383.00M | $493.00M | $556.00M | $606.00M |
| Total Liabilities | $15.92B | $16.04B | $14.84B | $14.48B | $15.26B |
| Common Stock | $333.00M | $265.00M | $213.00M | $162.00M | $119.00M |
| Retained Earnings | $-440.00M | $-978.00M | $-2.00B | $-2.87B | $-2.26B |
| Treasury Stock | $4.20B | $3.39B | $2.38B | $1.57B | $725.00M |
| Total Stockholders Equity | $-5.39B | $-4.85B | $-4.92B | $-4.87B | $-3.62B |
| Total Liabilities & Equity | $10.65B | $11.32B | $10.12B | $9.82B | $12.28B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $1.38B | $1.38B | $1.65B | $1.41B | $1.25B | $1.25B |
| Stock-based Compensation | $145.00M | $80.00M | $73.00M | $64.00M | $67.00M | $65.00M |
| Deferred Income Tax | $-178.00M | $-104.00M | $-31.00M | $-61.00M | $-16.00M | $-92.00M |
| Change in Receivables | $361.00M | $111.00M | $68.00M | $239.00M | $309.00M | $152.00M |
| Change in Inventory | $58.00M | $25.00M | $-26.00M | $-15.00M | $65.00M | $-14.00M |
| Change in Payables | $-312.00M | $181.00M | $57.00M | $152.00M | $272.00M | $130.00M |
| Operating Cash Flow | $2.19B | $1.60B | $1.56B | $1.63B | $1.56B | $1.75B |
| Capital Expenditure | $256.00M | $152.00M | $126.00M | $138.00M | $115.00M | $156.00M |
| Acquisitions | $227.00M | $109.00M | $87.00M | $36.00M | $46.00M | $80.00M |
| Investing Cash Flow | $-887.00M | $-406.00M | $-164.00M | $-183.00M | $-33.00M | $-89.00M |
| Debt Repayment | - | $1.30B | - | $534.00M | $500.00M | - |
| Stock Repurchased | $1.62B | $809.00M | $1.01B | $800.00M | $850.00M | $725.00M |
| Dividends Paid | $1.12B | $647.00M | $606.00M | $539.00M | $465.00M | $393.00M |
| Financing Cash Flow | $-4.57B | $-2.42B | $-309.00M | $-1.35B | $-3.65B | $58.00M |
| Net Change in Cash | $-3.23B | $-1.22B | $1.04B | $85.00M | $-2.28B | $1.68B |
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 | $3.69B | $3.55B | $10.63B | $10.59B |
| Operating Expenses | $3.10B | $2.96B | $8.99B | $8.88B |
| Research & Development | $36.00M | $40.00M | $111.00M | $115.00M |
| Selling General & Admin | $504.00M | $455.00M | $1.47B | $1.37B |
| Operating Income | $586.00M | $363.00M | $1.54B | $1.48B |
| Income Before Tax | $521.00M | $512.00M | $1.41B | $1.56B |
| Income Tax Expense | $129.00M | $-45.00M | $337.00M | $175.00M |
| Net Income | $374.00M | $540.00M | $1.01B | $1.31B |
| Basic EPS | 0.96 | 1.35 | 2.57 | 3.25 |
| Diluted EPS | 0.95 | 1.34 | 2.55 | 3.23 |
| Basic Shares Outstanding | $391.00M | $400.20M | $393.70M | $402.70M |
| Diluted Shares Outstanding | $392.80M | $402.70M | $395.80M | $405.40M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $840.00M | $2.30B |
| Accounts Receivable | $3.75B | $3.43B |
| Inventory | $640.00M | $557.00M |
| Other Current Assets | $577.00M | $679.00M |
| Total Current Assets | $6.61B | $7.67B |
| Property Plant & Equipment | $742.00M | $701.00M |
| Goodwill | $1.70B | $1.55B |
| Intangible Assets | $348.00M | $311.00M |
| Other Non-current Assets | $393.00M | $362.00M |
| Total Assets | $10.77B | $11.32B |
| Accounts Payable | $1.76B | $1.88B |
| Short-term Debt | $492.00M | $1.35B |
| Accrued Liabilities | $2.02B | $1.92B |
| Deferred Revenue | $2.80B | $2.60B |
| Total Current Liabilities | $7.07B | $7.75B |
| Long-term Debt | $7.59B | $6.97B |
| Deferred Tax Liabilities | $210.00M | $207.00M |
| Other Non-current Liabilities | $328.00M | $383.00M |
| Total Liabilities | $16.06B | $16.04B |
| Common Stock | $320.00M | $265.00M |
| Retained Earnings | $-453.00M | $-978.00M |
| Treasury Stock | $4.20B | $3.39B |
| Total Stockholders Equity | $-5.42B | $-4.85B |
| Total Liabilities & Equity | $10.77B | $11.32B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $374.00M | $540.00M | $1.01B | $1.31B |
| Stock-based Compensation | - | - | $63.00M | $52.00M |
| Deferred Income Tax | - | - | $-102.00M | $-26.00M |
| Change in Receivables | - | - | $191.00M | $93.00M |
| Change in Inventory | - | - | $52.00M | $14.00M |
| Change in Payables | - | - | $-193.00M | $-115.00M |
| Operating Cash Flow | - | - | $779.00M | $873.00M |
| Capital Expenditure | - | - | $107.00M | $87.00M |
| Acquisitions | - | - | $92.00M | $70.00M |
| Investing Cash Flow | - | - | $-376.00M | $-210.00M |
| Debt Repayment | - | - | $1.30B | - |
| Stock Repurchased | - | - | $809.00M | $800.00M |
| Dividends Paid | - | - | $483.00M | $450.00M |
| Financing Cash Flow | - | - | $-1.89B | $-1.10B |
| Net Change in Cash | - | - | $-1.47B | $-448.00M |
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.