$14.43B
Revenue
$1.38B
Net Income
-
Gross Margin
14.78%
Op. Margin
$1.94B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.80B | $3.69B | $3.60B | $3.35B | $3.67B | $3.55B | $3.60B | $3.44B | $3.62B | $3.52B | $3.72B | $3.35B | $3.44B | $3.34B |
| Revenue Growth % (YoY) | 3.3% | 4.0% | -0.2% | -2.5% | 1.5% | 0.7% | -3.2% | 2.7% | 5.3% | 5.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | $7.65B | $7.51B | $7.00B | $22.55B | $2.47B | $2.52B | $2.41B | $2.55B | $2.48B | $2.64B | $2.35B | $2.48B | $2.37B |
| Gross Profit | - | $-3.96B | $-3.91B | $-3.65B | $-18.88B | $1.08B | $1.08B | $1.03B | $1.07B | $1.05B | $1.08B | $996.00M | $960.00M | $971.00M |
| Gross Margin % | nan% | -107.3% | -108.8% | -108.9% | -513.7% | 30.4% | 30.0% | 29.9% | 29.5% | 29.7% | 29.1% | 29.8% | 27.9% | 29.0% |
| Operating Expenses | $3.20B | $3.10B | $3.04B | $2.85B | $3.13B | $2.96B | $3.01B | $2.91B | $3.09B | $2.96B | $3.15B | $2.84B | $2.96B | $2.83B |
| Research & Development | $41.00M | $36.00M | $38.00M | $37.00M | $37.00M | $40.00M | $39.00M | $36.00M | $37.00M | $36.00M | $36.00M | $35.00M | $38.00M | $37.00M |
| Selling General & Admin | $512.00M | $504.00M | $499.00M | $464.00M | $495.00M | $455.00M | $449.00M | $462.00M | $498.00M | $452.00M | $479.00M | $455.00M | $448.00M | $417.00M |
| Operating Income | $589.00M | $586.00M | $547.00M | $411.00M | $531.00M | $363.00M | $570.00M | $544.00M | $522.00M | $571.00M | $580.00M | $513.00M | $491.00M | $529.00M |
| Operating Margin % | 15.5% | 15.9% | 15.2% | 12.3% | 14.4% | 10.2% | 15.8% | 15.8% | 14.4% | 16.2% | 15.6% | 15.3% | 14.3% | 15.8% |
| Income Before Tax | $526.00M | $521.00M | $521.00M | $366.00M | $483.00M | $512.00M | $544.00M | $500.00M | $477.00M | $532.00M | $542.00M | $480.00M | $455.00M | $493.00M |
| Income Tax Expense | $142.00M | $129.00M | $98.00M | $110.00M | $130.00M | $-45.00M | $94.00M | $126.00M | $133.00M | $137.00M | $135.00M | $128.00M | $137.00M | $143.00M |
| Net Income | $374.00M | $374.00M | $393.00M | $243.00M | $337.00M | $540.00M | $415.00M | $353.00M | $323.00M | $376.00M | $376.00M | $331.00M | $297.00M | $324.00M |
| Net Margin % | 9.9% | 10.1% | 10.9% | 7.3% | 9.2% | 15.2% | 11.5% | 10.3% | 8.9% | 10.7% | 10.1% | 9.9% | 8.6% | 9.7% |
| Basic EPS | 0.95 | 0.96 | 1.00 | 0.61 | 0.85 | 1.35 | 1.03 | 0.87 | 0.80 | 0.92 | 0.91 | 0.80 | 0.71 | 0.77 |
| Diluted EPS | 0.95 | 0.95 | 0.99 | 0.61 | 0.84 | 1.34 | 1.02 | 0.86 | 0.79 | 0.91 | 0.90 | 0.79 | 0.71 | 0.77 |
| Basic Shares Outstanding | - | 391.0M | 393.7M | 396.6M | -1.0M | 400.2M | 402.9M | 405.2M | -1.2M | 410.8M | 412.7M | 414.3M | -1.3M | 418.5M |
| Diluted Shares Outstanding | - | 392.8M | 395.8M | 399.1M | -1.0M | 402.7M | 405.5M | 408.1M | -1.2M | 413.7M | 416.0M | 417.8M | -1.3M | 421.2M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.10B | $840.00M | $688.00M | $1.92B | $2.30B | $827.00M | $942.00M | $884.00M | $1.27B | $1.64B | $1.22B | $1.12B | $1.19B | $1.03B |
| Accounts Receivable | $3.69B | $3.75B | $3.70B | $3.57B | $3.43B | $3.60B | $3.61B | $3.65B | $3.54B | $3.46B | $3.50B | $3.36B | $3.36B | $3.10B |
| Inventory | $613.00M | $640.00M | $602.00M | $586.00M | $557.00M | $625.00M | $605.00M | $593.00M | $612.00M | $624.00M | $640.00M | $642.00M | $617.00M | $603.00M |
| Other Current Assets | $405.00M | $577.00M | $632.00M | $671.00M | $679.00M | $663.00M | $335.00M | $291.00M | $259.00M | $301.00M | $326.00M | $320.00M | $311.00M | $441.00M |
| Total Current Assets | $6.50B | $6.61B | $6.39B | $7.43B | $7.67B | $6.50B | $6.24B | $6.14B | $6.40B | $6.75B | $6.42B | $6.15B | $6.14B | $5.83B |
| Property Plant & Equipment | $743.00M | $742.00M | $732.00M | $708.00M | $701.00M | $721.00M | $708.00M | $713.00M | $727.00M | $708.00M | $715.00M | $719.00M | $719.00M | $692.00M |
| Goodwill | $1.70B | $1.70B | $1.71B | $1.59B | $1.55B | $1.63B | $1.55B | $1.57B | $1.59B | $1.55B | $1.58B | $1.57B | $1.57B | $1.45B |
| Intangible Assets | $343.00M | $348.00M | $357.00M | $326.00M | $311.00M | $330.00M | $330.00M | $343.00M | $335.00M | $336.00M | $355.00M | $360.00M | $369.00M | $346.00M |
| Other Non-current Assets | $410.00M | $393.00M | $390.00M | $360.00M | $362.00M | $361.00M | $329.00M | $314.00M | $328.00M | $343.00M | $347.00M | $294.00M | $287.00M | $273.00M |
| Total Assets | $10.65B | $10.77B | $10.49B | $11.18B | $11.32B | $10.26B | $9.86B | $9.79B | $10.12B | $10.39B | $10.13B | $9.85B | $9.82B | $9.34B |
| Accounts Payable | $2.14B | $1.76B | $1.74B | $1.62B | $1.88B | $1.78B | $1.72B | $1.64B | $1.88B | $1.66B | $1.74B | $1.51B | $1.72B | $1.52B |
| Short-term Debt | $215.00M | $492.00M | $675.00M | $1.48B | $51.00M | $1.67B | $1.66B | $35.00M | $32.00M | $585.00M | $746.00M | $646.00M | $670.00M | $103.00M |
| Accrued Liabilities | $1.85B | $2.02B | $2.02B | $1.92B | $1.92B | $1.86B | $1.72B | $1.69B | $1.87B | $1.73B | $1.78B | $1.68B | $1.79B | $1.66B |
| Deferred Revenue | $2.61B | $2.80B | $2.82B | $2.87B | $2.60B | $2.79B | $2.80B | $2.95B | $2.70B | $2.78B | $2.89B | $2.98B | $2.66B | $2.71B |
| Total Current Liabilities | $7.66B | $7.07B | $7.25B | $7.89B | $7.75B | $8.10B | $7.89B | $6.32B | $6.48B | $6.75B | $7.16B | $6.82B | $6.84B | $5.99B |
| Long-term Debt | $7.74B | $7.59B | $7.07B | $6.92B | $8.27B | $5.60B | $5.53B | $6.85B | $6.87B | $6.82B | $6.12B | $6.12B | $6.10B | $6.46B |
| Deferred Tax Liabilities | $223.00M | $210.00M | $211.00M | $217.00M | $207.00M | $215.00M | $206.00M | $255.00M | $245.00M | $258.00M | $278.00M | $278.00M | $279.00M | $244.00M |
| Other Non-current Liabilities | $329.00M | $328.00M | $339.00M | $386.00M | $383.00M | $385.00M | $388.00M | $452.00M | $493.00M | $488.00M | $501.00M | $546.00M | $556.00M | $550.00M |
| Total Liabilities | $15.92B | $16.06B | $15.70B | $16.17B | $16.04B | $15.04B | $14.74B | $14.61B | $14.84B | $15.00B | $14.76B | $14.48B | $14.48B | $14.07B |
| Common Stock | $333.00M | $320.00M | $300.00M | $278.00M | $265.00M | $245.00M | $230.00M | $210.00M | $213.00M | $198.00M | $183.00M | $172.00M | $162.00M | $134.00M |
| Retained Earnings | $-440.00M | $-453.00M | $-663.00M | $-889.00M | $-978.00M | $-1.15B | $-1.54B | $-1.79B | $-2.00B | $-2.18B | $-2.42B | $-2.65B | $-2.87B | $-3.04B |
| Treasury Stock | $4.20B | $4.20B | $3.95B | $3.65B | $3.39B | $3.19B | $2.99B | $2.68B | $2.38B | $2.15B | $1.93B | $1.75B | $1.57B | $1.43B |
| Total Stockholders Equity | $-5.39B | $-5.42B | $-5.37B | $-5.13B | $-4.85B | $-4.90B | $-5.05B | $-5.02B | $-4.92B | $-4.79B | $-4.85B | $-4.86B | $-4.87B | $-4.91B |
| Total Liabilities & Equity | $10.65B | $10.77B | $10.49B | $11.18B | $11.32B | $10.26B | $9.86B | $9.79B | $10.12B | $10.39B | $10.13B | $9.85B | $9.82B | $9.34B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $374.00M | $374.00M | $393.00M | $243.00M | $337.00M | $540.00M | $415.00M | $353.00M | $323.00M | $1.08B | $376.00M | $331.00M | $297.00M | $956.00M |
| Stock-based Compensation | $17.00M | $63.00M | $44.00M | $21.00M | $21.00M | $52.00M | $36.00M | $16.00M | $15.00M | $49.00M | $34.00M | $15.00M | $26.00M | $41.00M |
| Deferred Income Tax | $-2.00M | $-102.00M | $-74.00M | - | $-5.00M | $-26.00M | $-25.00M | $16.00M | $-27.00M | $-34.00M | $-16.00M | $-2.00M | $-22.00M | $6.00M |
| Change in Receivables | $-80.00M | $191.00M | $146.00M | $104.00M | $-25.00M | $93.00M | $171.00M | $162.00M | $25.00M | $214.00M | $204.00M | $-14.00M | $138.00M | $171.00M |
| Change in Inventory | $-27.00M | $52.00M | $15.00M | $18.00M | $-40.00M | $14.00M | $10.00M | $-9.00M | $-23.00M | $8.00M | $21.00M | $20.00M | $-15.00M | $80.00M |
| Change in Payables | $374.00M | $-193.00M | $-212.00M | $-281.00M | $172.00M | $-115.00M | $-129.00M | $-217.00M | $187.00M | $-35.00M | $43.00M | $-218.00M | $135.00M | $137.00M |
| Operating Cash Flow | $817.00M | $779.00M | $405.00M | $190.00M | $690.00M | $873.00M | $479.00M | $171.00M | $597.00M | $1.03B | $724.00M | $278.00M | $464.00M | $1.10B |
| Capital Expenditure | $45.00M | $107.00M | $70.00M | $34.00M | $39.00M | $87.00M | $55.00M | $31.00M | $42.00M | $96.00M | $62.00M | $25.00M | $34.00M | $81.00M |
| Acquisitions | $17.00M | $92.00M | $82.00M | $36.00M | $17.00M | $70.00M | $40.00M | $30.00M | $9.00M | $27.00M | $20.00M | $16.00M | $8.00M | $38.00M |
| Investing Cash Flow | $-30.00M | $-376.00M | $-320.00M | $-161.00M | $46.00M | $-210.00M | $-97.00M | $-79.00M | $-51.00M | $-132.00M | $-91.00M | $-21.00M | $-95.00M | $62.00M |
| Debt Repayment | - | $1.30B | $1.30B | - | - | - | - | - | $534.00M | - | - | - | - | $500.00M |
| Stock Repurchased | - | $809.00M | $561.00M | $253.00M | $207.00M | $800.00M | $600.00M | $300.00M | $225.00M | $575.00M | $350.00M | $175.00M | $150.00M | $700.00M |
| Dividends Paid | $164.00M | $483.00M | $319.00M | $155.00M | $156.00M | $450.00M | $295.00M | $138.00M | $139.00M | $400.00M | $261.00M | $120.00M | $120.00M | $345.00M |
| Financing Cash Flow | $-531.00M | $-1.89B | $-1.72B | $-428.00M | $793.00M | $-1.10B | $-679.00M | $-467.00M | $-932.00M | $-418.00M | $-585.00M | $-341.00M | $-250.00M | $-3.40B |
| Net Change in Cash | $252.00M | $-1.47B | $-1.62B | $-392.00M | $1.49B | $-448.00M | $-329.00M | $-393.00M | $-361.00M | $446.00M | $32.00M | $-74.00M | $153.00M | $-2.44B |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.