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$67.59B
Revenue
$8.88B
Net Income
33.79%
Gross Margin
16.50%
Op. Margin
$12.64B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 17 annual reports available (2009 - 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 $67.59B $67.59B $64.81B $67.06B $59.43B $50.97B $41.75B $53.80B $54.72B $45.46B $38.54B
Revenue Growth % 0.0% 4.3% -3.4% 12.8% 16.6% 22.1% -22.4% -1.7% 20.4% 18.0% nan%
Cost of Revenue $44.75B $44.75B $40.20B $42.77B $41.35B $35.51B $29.08B $36.63B $37.00B $31.26B $28.04B
+ Gross Profit $22.84B $22.84B $24.61B $24.29B $18.08B $15.46B $12.67B $17.17B $17.73B $14.20B $10.49B
Gross Margin % 33.8% 33.8% 38.0% 36.2% 30.4% 30.3% 30.3% 31.9% 32.4% 31.2% 27.2%
Operating Expenses $56.44B $56.44B $51.74B $54.09B $51.52B $44.09B $37.20B $45.51B $46.43B $41.06B $38.04B
Research & Development $2.15B $2.15B $2.11B $2.11B $1.81B $1.69B $1.42B $1.69B $1.85B $1.91B $1.95B
Selling General & Admin $6.99B $6.99B $6.67B $6.37B $5.65B $5.37B $4.64B $5.16B $5.48B $5.18B $4.69B
+ Operating Income $11.15B $11.15B $13.07B $12.97B $7.90B $6.88B $4.55B $8.29B $8.29B $4.41B $498.00M
Operating Margin % 16.5% 16.5% 20.2% 19.3% 13.3% 13.5% 10.9% 15.4% 15.2% 9.7% 1.3%
Interest Expense - $1.84B $1.74B $1.44B - - - - - - -
Other Income/Expense $892.00M $892.00M $813.00M $595.00M $1.29B $1.81B $-44.00M $-57.00M $-67.00M $207.00M $146.00M
Income Before Tax $11.54B $11.54B $13.37B $13.05B $8.75B $8.20B $4.00B $7.81B $7.82B $4.08B $139.00M
Income Tax Expense $2.77B $2.77B $2.63B $2.78B $2.07B $1.74B $1.01B $1.75B $1.70B $3.34B $192.00M
+ Net Income $8.88B $8.88B $10.79B $10.33B $6.70B $6.49B $3.00B $6.09B $6.15B $759.00M $-59.00M
Net Margin % 13.1% 13.1% 16.6% 15.4% 11.3% 12.7% 7.2% 11.3% 11.2% 1.7% -0.2%
Basic EPS 18.91 18.90 22.17 20.24 12.72 11.93 5.51 10.85 10.39 1.27 -0.11
Diluted EPS 18.82 18.81 22.05 20.12 12.64 11.83 5.46 10.74 10.26 1.26 -0.11
Basic Shares Outstanding - 470.0M 486.7M 510.6M 526.9M 544.0M 544.1M 561.6M 591.4M 591.8M 584.3M
Diluted Shares Outstanding - 472.3M 489.4M 513.6M 530.4M 548.5M 548.6M 567.5M 599.4M 599.3M 584.3M
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 $9.98B $6.89B $6.98B $7.00B $9.25B $9.35B - - - -
Accounts Receivable $10.92B $9.28B $9.31B $8.86B $8.48B $7.32B $8.57B $8.80B $7.44B $5.98B
Inventory $18.14B $16.83B $16.57B $16.27B $14.04B $11.40B $11.27B $11.53B $10.02B $8.61B
Other Current Assets $2.80B $3.12B $4.59B $2.64B $2.79B $1.93B $1.74B $1.76B $1.77B $1.68B
Total Current Assets $52.48B $45.68B $46.95B $43.78B $43.45B $39.46B $39.19B $38.60B $36.24B $31.97B
Property Plant & Equipment $15.14B $13.36B $12.68B $12.03B $12.09B $12.40B $12.90B $13.57B $14.15B $15.32B
Goodwill $5.32B $5.24B $5.31B $5.29B $6.32B $6.39B $6.20B $6.22B $6.20B $6.02B
Intangible Assets $241.00M $399.00M $564.00M $758.00M $1.04B $1.31B $1.56B $1.90B $2.11B $2.35B
Other Non-current Assets $6.10B $5.30B $5.26B $4.59B $4.13B $3.83B $3.34B $2.33B $2.03B $1.67B
Total Assets $98.58B $87.76B $87.48B $81.94B $82.79B $78.32B $78.45B $78.51B $76.96B $74.70B
Accounts Payable $8.97B $7.67B $7.91B $8.69B $8.15B $6.13B $5.96B $7.05B $6.49B $4.61B
Short-term Debt $5.51B $4.39B $4.64B $5.96B $5.40B $2.02B $5.17B - - -
Accrued Liabilities $5.59B $5.24B $4.96B $4.08B $3.76B $3.64B $3.75B $3.57B $3.22B $3.00B
Deferred Revenue $3.31B $2.32B $1.93B $1.86B $1.09B $1.11B $1.19B - - -
Other Current Liabilities $2.80B $2.91B $3.12B $2.69B $2.26B $2.02B $2.15B $1.92B $1.98B $1.64B
Total Current Liabilities $36.56B $32.27B $34.73B $31.53B $29.85B $25.72B $26.62B $28.22B $26.93B $26.13B
Long-term Debt $30.70B $27.35B - - - - - - - -
Deferred Tax Liabilities $494.00M $432.00M - - - - - - - -
Other Non-current Liabilities $6.17B $4.89B $4.67B $4.60B $4.80B $4.36B $4.32B $3.76B $4.05B $3.18B
Total Liabilities $77.27B $68.27B $67.97B $66.05B $66.28B $62.95B $63.82B $64.43B $63.20B $61.49B
Common Stock $7.18B $6.94B $6.40B $6.56B $6.40B $6.23B $5.93B $5.83B $5.59B $5.28B
Retained Earnings $65.45B $59.35B $51.25B $43.51B $39.28B $35.17B $34.44B $30.43B $26.30B $27.38B
Treasury Stock $49.54B $44.33B $36.34B $31.75B $27.64B $25.18B $24.22B $20.53B $17.00B $17.48B
Total Stockholders Equity $21.32B $19.49B $19.50B $15.89B $16.52B $15.38B $14.63B $14.08B $13.77B $13.21B
Total Liabilities & Equity $98.58B $87.76B $87.48B $81.94B $82.79B $78.32B $78.45B $78.51B $76.96B $74.70B
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 $10.88B $8.88B $10.79B $10.33B $6.70B $6.49B $3.00B $6.09B $6.15B $759.00M $-59.00M
Depreciation & Amortization $2.26B $2.26B $2.15B $2.14B $2.22B $2.35B $2.43B $2.58B $2.77B $2.88B $3.03B
Deferred Income Tax $317.00M $465.00M $-621.00M $-592.00M $-377.00M $-383.00M $-74.00M $28.00M $220.00M $1.21B $-431.00M
Change in Receivables $2.30B $2.14B $160.00M $437.00M $220.00M $1.26B $-1.44B $-171.00M $1.62B $1.15B $-829.00M
Change in Inventory $4.11B $1.48B $414.00M $364.00M $2.59B $2.59B $34.00M $-274.00M $1.58B $1.29B $-1.11B
Change in Payables $2.55B $1.18B $-282.00M $-754.00M $798.00M $2.04B $98.00M $-1.02B $709.00M $1.48B $-200.00M
Operating Cash Flow $17.44B $11.74B $12.04B $12.88B $7.77B $7.20B $6.33B $6.91B $6.56B $5.71B -
Capital Expenditure $4.80B $2.82B $1.99B $1.60B $1.30B $1.09B $978.00M $1.06B $1.28B $898.00M $1.11B
Acquisitions $70.00M $47.00M $34.00M $75.00M $88.00M $490.00M $111.00M $47.00M $392.00M $59.00M $191.00M
Purchases of Investments $2.73B $1.93B $1.50B $4.41B $3.08B $1.77B $638.00M $552.00M $506.00M $1.05B $391.00M
Investing Cash Flow $-6.39B $-4.71B $-2.45B $-5.87B $-2.54B $-3.08B $-1.49B $-1.93B $-3.21B $-966.00M -
Stock Repurchased $13.34B $5.19B $7.70B $4.97B $4.23B $2.67B $1.13B $4.05B $3.80B - -
Dividends Paid $4.76B $2.75B $2.65B $2.56B $2.44B $2.33B $2.24B $2.13B $1.95B $1.83B $1.80B
Financing Cash Flow $-12.74B $-3.90B $-9.56B $-6.93B $-7.28B $-4.19B $-3.75B $-4.54B $-3.65B $-3.66B -
Net Change in Cash $-1.69B $3.09B $-89.00M $-28.00M $-2.25B $-103.00M $1.07B $402.00M $-430.00M $1.09B $708.00M
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 $17.64B $16.11B $48.46B $48.59B
Cost of Revenue $11.67B $10.07B $31.45B $29.88B
Operating Expenses $14.59B $12.96B $39.97B $38.45B
Research & Development $555.00M $533.00M $1.59B $1.59B
Selling General & Admin $1.82B $1.67B $5.11B $4.90B
Operating Income $3.05B $3.15B $8.49B $10.15B
Other Income/Expense $208.00M $76.00M $399.00M $387.00M
Income Before Tax $3.13B $3.10B $8.52B $10.13B
Income Tax Expense $836.00M $642.00M $2.06B $2.17B
Net Income $2.30B $2.46B $6.48B $8.00B
Basic EPS 4.91 5.09 13.76 16.36
Diluted EPS 4.88 5.06 13.69 16.27
Basic Shares Outstanding $468.60M $484.20M $471.30M $489.00M
Diluted Shares Outstanding $470.80M $486.70M $473.40M $491.70M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $7.54B $6.89B
Accounts Receivable $10.15B $9.28B
Inventory $18.96B $16.83B
Other Current Assets $2.86B $3.12B
Total Current Assets $49.82B $45.68B
Property Plant & Equipment $14.31B $13.36B
Goodwill $5.33B $5.24B
Intangible Assets $281.00M $399.00M
Other Non-current Assets $5.38B $5.30B
Total Assets $93.72B $87.76B
Accounts Payable $8.73B $7.67B
Accrued Liabilities $5.19B $5.24B
Deferred Revenue $3.39B $2.32B
Other Current Liabilities $2.76B $2.91B
Total Current Liabilities $35.99B $32.27B
Other Non-current Liabilities $5.67B $4.89B
Total Liabilities $73.06B $68.27B
Common Stock $6.22B $6.94B
Retained Earnings $64.46B $59.35B
Treasury Stock $48.30B $44.33B
Total Stockholders Equity $20.66B $19.49B
Total Liabilities & Equity $93.72B $87.76B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $2.30B $2.46B $6.48B $8.00B
Depreciation & Amortization $570.00M $543.00M $1.66B $1.60B
Deferred Income Tax - - $300.00M $-329.00M
Change in Receivables - - $788.00M $30.00M
Change in Inventory - - $2.02B $781.00M
Change in Payables - - $1.09B $-96.00M
Operating Cash Flow - - $8.15B $8.64B
Capital Expenditure - - $1.92B $1.28B
Acquisitions - - $26.00M $32.00M
Purchases of Investments - - $1.29B $892.00M
Investing Cash Flow - - $-2.83B $-804.00M
Stock Repurchased - - $4.85B $7.06B
Dividends Paid - - $2.04B $1.97B
Financing Cash Flow - - $-4.65B $-9.14B
Net Change in Cash - - $648.00M $-1.34B

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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