$5.50B
Revenue
$940.00M
Net Income
59.95%
Gross Margin
23.21%
Op. Margin
$1.62B
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
|---|---|---|---|---|
| Total Revenue | $5.50B | $5.50B | $5.19B | $5.02B |
| Revenue Growth % | 0.0% | 6.0% | 3.4% | nan% |
| Cost of Revenue | $2.20B | $2.20B | $2.09B | $2.12B |
| Gross Profit | $3.30B | $3.30B | $3.10B | $2.90B |
| Gross Margin % | 59.9% | 59.9% | 59.8% | 57.8% |
| Research & Development | $266.00M | $266.00M | $253.00M | $225.00M |
| Selling General & Admin | $1.76B | $1.76B | $1.64B | $1.54B |
| Operating Income | $1.28B | $1.28B | $1.21B | $1.14B |
| Operating Margin % | 23.2% | 23.2% | 23.3% | 22.7% |
| Interest Expense | $252.00M | $138.00M | $137.00M | $30.00M |
| Other Income/Expense | $-8.00M | $-8.00M | $-9.00M | $-14.00M |
| Income Before Tax | $1.17B | $1.17B | $1.09B | $1.10B |
| Income Tax Expense | $233.00M | $233.00M | $253.00M | $257.00M |
| Net Income | $940.00M | $940.00M | $833.00M | $839.00M |
| Net Margin % | 17.1% | 17.1% | 16.0% | 16.7% |
| Basic EPS | nan | 3.79 | 3.37 | 3.41 |
| Diluted EPS | nan | 3.76 | 3.34 | 3.40 |
| Basic Shares Outstanding | - | 248.3M | 247.3M | 246.4M |
| Diluted Shares Outstanding | - | 250.3M | 249.6M | 246.8M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
|---|---|---|---|
| Cash & Cash Equivalents | $2.03B | $1.10B | $762.00M |
| Accounts Receivable | $897.00M | $812.00M | $826.00M |
| Inventory | $307.00M | $288.00M | $297.00M |
| Other Current Assets | $197.00M | $186.00M | $188.00M |
| Total Current Assets | $3.43B | $2.39B | $2.07B |
| Property Plant & Equipment | $294.00M | $268.00M | $262.00M |
| Goodwill | $2.84B | $2.69B | $2.53B |
| Intangible Assets | $524.00M | $535.00M | $427.00M |
| Other Non-current Assets | $605.00M | $523.00M | $398.00M |
| Total Assets | $7.69B | $6.41B | $5.69B |
| Accrued Liabilities | $940.00M | $850.00M | $834.00M |
| Deferred Revenue | $267.00M | $237.00M | - |
| Total Current Liabilities | $2.06B | $1.25B | $1.26B |
| Long-term Debt | $2.67B | $2.60B | $2.63B |
| Other Non-current Liabilities | $558.00M | $517.00M | $410.00M |
| Common Stock | $2.00M | $2.00M | $2.00M |
| Retained Earnings | $1.74B | $917.00M | $178.00M |
| Total Stockholders Equity | $3.10B | $2.04B | $1.38B |
| Total Liabilities & Equity | $7.69B | $6.41B | $5.69B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
|---|---|---|---|---|
| Net Income | $1.17B | $940.00M | $833.00M | $839.00M |
| Depreciation & Amortization | - | $78.00M | $78.00M | $87.00M |
| Stock-based Compensation | $130.00M | $74.00M | $65.00M | $55.00M |
| Change in Receivables | $89.00M | $50.00M | $-3.00M | $-2.00M |
| Change in Inventory | $53.00M | $6.00M | $-3.00M | $-52.00M |
| Change in Payables | $19.00M | $8.00M | $-29.00M | $-1.00M |
| Operating Cash Flow | $1.73B | $1.08B | $875.00M | $963.00M |
| Capital Expenditure | $109.00M | $63.00M | $55.00M | $54.00M |
| Acquisitions | - | - | $363.00M | - |
| Purchases of Investments | - | $7.00M | $15.00M | - |
| Investing Cash Flow | $-160.00M | $-98.00M | $-434.00M | $-55.00M |
| Dividends Paid | $190.00M | $109.00M | $89.00M | - |
| Financing Cash Flow | $-169.00M | $-102.00M | $-65.00M | $-135.00M |
| Net Change in Cash | $1.53B | $930.00M | $339.00M | $762.00M |
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 | $1.40B | $1.31B | $4.11B | $3.85B |
| Cost of Revenue | $560.00M | $531.00M | $1.64B | $1.54B |
| Gross Profit | $844.00M | $783.00M | $2.47B | $2.30B |
| Research & Development | $67.00M | $63.00M | $198.00M | $184.00M |
| Selling General & Admin | $451.00M | $412.00M | $1.31B | $1.22B |
| Operating Income | $326.00M | $308.00M | $961.00M | $900.00M |
| Interest Expense | $21.00M | $27.00M | $136.00M | $137.00M |
| Other Income/Expense | $1.00M | $5.00M | $-5.00M | $-9.00M |
| Income Before Tax | $306.00M | $286.00M | $880.00M | $806.00M |
| Income Tax Expense | $67.00M | $67.00M | $194.00M | $200.00M |
| Net Income | $239.00M | $219.00M | $686.00M | $606.00M |
| Basic EPS | 0.96 | 0.89 | 2.76 | 2.45 |
| Diluted EPS | 0.95 | 0.88 | 2.74 | 2.43 |
| Basic Shares Outstanding | $248.50M | $247.40M | $248.20M | $247.20M |
| Diluted Shares Outstanding | $250.60M | $250.00M | $250.20M | $249.40M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.77B | $1.10B |
| Accounts Receivable | $875.00M | $812.00M |
| Inventory | $340.00M | $288.00M |
| Other Current Assets | $205.00M | $186.00M |
| Total Current Assets | $3.19B | $2.39B |
| Property Plant & Equipment | $285.00M | $268.00M |
| Goodwill | $2.82B | $2.69B |
| Intangible Assets | $529.00M | $535.00M |
| Other Non-current Assets | $596.00M | $523.00M |
| Total Assets | $7.43B | $6.41B |
| Accrued Liabilities | $937.00M | $850.00M |
| Total Current Liabilities | $2.04B | $1.25B |
| Long-term Debt | $1.97B | $2.60B |
| Other Non-current Liabilities | $572.00M | $517.00M |
| Common Stock | $2.00M | $2.00M |
| Retained Earnings | $1.52B | $917.00M |
| Total Stockholders Equity | $2.85B | $2.04B |
| Total Liabilities & Equity | $7.43B | $6.41B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $239.00M | $219.00M | $686.00M | $606.00M |
| Stock-based Compensation | - | - | $61.00M | $52.00M |
| Change in Receivables | - | - | $29.00M | $7.00M |
| Change in Inventory | - | - | $39.00M | $26.00M |
| Change in Payables | - | - | $-8.00M | $-10.00M |
| Operating Cash Flow | - | - | $766.00M | $590.00M |
| Capital Expenditure | - | - | $43.00M | $33.00M |
| Investing Cash Flow | - | - | $-63.00M | $-40.00M |
| Dividends Paid | - | - | $82.00M | $67.00M |
| Financing Cash Flow | - | - | $-77.00M | $-49.00M |
| Net Change in Cash | - | - | $674.00M | $505.00M |
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.