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$8.09B
Revenue
$1.09B
Net Income
39.77%
Gross Margin
16.97%
Op. Margin
-
Free Cash Flow
Financial Statements Annual (10-K)
Showing 16 of 16 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 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
+ Total Revenue $8.09B $8.09B $7.75B $8.44B $8.51B $7.91B $6.68B $7.14B $6.99B $6.04B $6.96B $7.75B $8.73B $8.10B $7.95B $6.64B $5.34B
Revenue Growth % 0.0% 4.5% -8.2% -0.8% 7.6% 18.3% -6.3% 2.1% 15.7% -13.1% -10.3% -11.2% 7.7% 1.9% 19.7% 24.2% nan%
Cost of Revenue $4.87B $4.87B $4.79B $5.35B $5.44B $4.94B $4.21B $4.52B $4.43B $4.32B $4.39B $4.78B $5.39B $5.00B $4.90B $4.02B $3.33B
+ Gross Profit $3.22B $3.22B $2.96B $3.08B $3.06B $2.97B $2.47B $2.62B $2.56B $2.47B $2.57B $2.97B $3.34B $3.11B $3.05B $2.62B $2.01B
Gross Margin % 39.8% 39.8% 38.2% 36.6% 36.0% 37.6% 37.0% 36.7% 36.6% 40.9% 36.9% 38.4% 38.3% 38.3% 38.4% 39.4% 37.7%
Research & Development - $165.34M $149.60M $139.06M - - - - - - - - - - - - -
Selling General & Admin $1.84B $1.84B $1.75B $1.72B $1.68B $1.69B $1.54B $1.60B $1.72B $1.76B $1.65B $1.76B $1.99B $1.84B $1.84B $1.61B $1.42B
+ Operating Income $1.37B $1.37B $1.21B $1.37B $1.38B $1.28B $932.99M $974.89M $843.11M $714.45M $920.76M $1.22B $1.35B $1.27B $1.21B $1.01B $591.13M
Operating Margin % 17.0% 17.0% 15.6% 16.2% 16.2% 16.2% 14.0% 13.7% 12.1% 11.8% 13.2% 15.7% 15.5% 15.6% 15.2% 15.2% 11.1%
Interest Expense $103.89M $103.89M $126.43M $131.31M $116.46M $106.32M $111.94M $125.82M $130.97M $136.40M $131.68M $131.69M $123.88M $125.77M $121.81M $115.94M $116.77M
Other Income/Expense $32.99M $32.99M $46.88M $21.47M $20.20M $14.86M $11.90M $12.95M $4.36M $7.93M $7.11M $5.90M $4.22M $-6.67M $-55.00K $-3.65M $3.75M
Income Before Tax - $1.37B $1.76B $1.12B - - $841.73M $843.01M $725.38M $689.33M $800.61M $1.09B $1.24B $1.14B $1.01B $813.12M $494.41M
Income Tax Expense $276.82M $276.82M $357.05M $213.18M $222.13M $277.01M $158.28M $165.09M $134.23M $180.44M $204.73M $316.07M $271.61M $304.45M $248.80M $208.45M $120.99M
+ Net Income $1.09B $1.09B $2.70B $1.06B $1.07B $1.12B $683.45M $677.92M $570.27M $508.89M $869.83M $775.24M $1.00B $811.07M $895.24M $700.10M $356.44M
Net Margin % 13.5% 13.5% 34.8% 12.5% 12.5% 14.2% 10.2% 9.5% 8.2% 8.4% 12.5% 10.0% 11.5% 10.0% 11.3% 10.5% 6.7%
Basic EPS 7.98 7.99 19.58 7.56 7.47 7.81 4.74 4.67 3.80 3.28 5.52 4.65 5.86 4.47 4.82 3.75 1.91
Diluted EPS 7.94 7.94 19.45 7.52 7.42 7.74 4.70 4.61 3.75 3.25 5.46 4.59 5.78 4.41 4.74 3.70 1.91
Basic Shares Outstanding - 136.9M 137.7M 139.8M 142.7M 143.9M 144.1M 145.2M 149.9M 155.2M 157.6M 166.7M 171.3M - 186K 187K 186K
Diluted Shares Outstanding - 137.8M 138.7M 140.6M 143.6M 145.3M 145.4M 147.0M 152.1M 156.6M 159.2M 168.8M 173.5M - 189K 189K 187K
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 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Cash & Cash Equivalents - - - - - $513.08M $397.25M $396.22M $349.15M $362.19M $681.58M $803.88M $800.08M $1.21B $1.19B $716.44M
Short-term Investments - - - - - - - - - - - - - - $121.73M $223.81M
Accounts Receivable $1.37B $1.35B $1.43B $1.52B $1.35B $1.14B $1.22B $1.23B $1.27B $1.12B $1.19B $1.36B $1.23B $1.19B $1.02B $878.75M
Inventory $1.27B $1.14B $1.23B $1.37B $1.19B $835.80M $806.14M $748.80M $870.49M $802.89M $863.74M $927.00M $872.84M $803.35M $657.96M $570.86M
Other Current Assets $186.00M $140.56M $141.54M $159.12M $137.60M $133.09M $127.85M $126.88M $104.36M $135.21M $101.48M $75.55M $79.09M $154.86M $56.82M -
Total Current Assets $4.51B $4.48B $3.39B $3.42B $3.06B $2.62B $2.55B $2.50B $2.59B $2.42B $2.90B $3.24B $3.03B $3.40B $3.13B $2.52B
Property Plant & Equipment $1.12B $987.92M - - - $897.33M $842.32M $806.50M $945.67M $854.27M $837.07M $1.18B $1.17B $1.00B $785.62M $828.92M
Goodwill $5.43B $4.91B $4.88B $4.67B $4.56B $4.07B $3.78B $3.68B $4.56B $3.74B $3.49B $4.24B $4.11B $3.79B $3.11B $3.09B
Intangible Assets $1.76B $1.58B $1.48B $1.33B $1.36B $1.08B $1.06B $1.13B $1.80B $1.41B $1.37B $1.61B $1.63B $1.21B $799.28M $950.75M
Other Non-current Assets $606.21M $550.18M $560.86M $465.00M $466.26M $479.25M $440.37M $243.94M $215.53M $194.10M $168.25M $238.91M $111.43M $103.33M - -
Total Assets $13.42B $12.51B $11.35B $10.90B $10.40B $9.15B $8.67B $8.37B $10.12B $8.62B $9.09B $10.84B $10.44B $9.50B $8.56B $7.88B
Accounts Payable $875.68M $848.01M $958.54M $1.07B $1.07B $853.94M $983.29M $969.53M $830.32M $650.88M $615.33M $692.57M $651.36M $543.92M $438.29M $357.00M
Short-term Debt $706.68M $400.06M $468.28M $735.77M $105.70M - $84.70M $220.32M $414.55M $151.12M $777.96M $229.28M $610.77M $1.02M $16.59M $35.62M
Accrued Liabilities - - $64.57M - - - - - - - - - - - - -
Deferred Revenue $155.03M $198.63M $211.29M $256.93M $227.55M $184.84M $104.90M - - - - - - - - -
Other Current Liabilities $352.05M $335.33M $315.53M $318.34M $347.10M $343.64M $339.06M $313.45M $332.60M $235.97M $266.28M $260.91M $255.63M $234.38M $228.00M $219.29M
Total Current Liabilities $2.52B $2.20B $2.41B $2.77B $2.25B $1.74B $1.75B $1.83B $1.94B $1.37B $2.04B $1.62B $1.99B $1.20B $1.15B $969.18M
Long-term Debt $3.33B $2.93B $2.99B $2.94B $3.02B $3.11B $2.99B $2.94B $3.21B $2.62B $2.25B $2.60B $2.19B $2.19B $1.79B $1.83B
Deferred Tax Liabilities $394.37M $352.01M $346.38M $375.15M $364.12M $298.42M $322.04M - - - - - - - - -
Other Non-current Liabilities $483.06M $471.13M $461.97M $474.90M $532.54M $570.31M $527.17M $432.39M $459.12M $414.95M $482.34M $514.09M $677.53M $650.60M $562.01M -
Common Stock $260.19M $260.03M $259.84M $259.64M $259.46M $258.98M $258.55M $257.82M $256.54M $256.11M $255.89M $255.32M $254.12M $250.59M $249.36M $247.34M
Retained Earnings $14.22B $13.41B $11.00B $10.22B $9.45B $8.61B $8.21B $7.82B $7.93B $7.69B $7.07B $7.95B $7.20B $6.63B $5.95B $5.45B
Treasury Stock - - - $6.80B $6.22B $6.20B $6.09B $5.95B $4.97B $4.97B $4.37B $3.77B $3.31B $2.56B $2.32B $2.20B
Total Stockholders Equity $7.41B $6.95B $5.11B $4.29B $4.19B $3.39B $3.03B $2.77B $3.80B $3.64B $3.70B $5.38B $4.92B $4.93B $4.53B $4.08B
Total Liabilities & Equity $13.42B $12.51B $11.35B $10.90B $10.40B $9.15B $8.67B $8.37B $10.12B $8.62B $9.09B $10.84B $10.44B $9.50B $8.56B $7.88B
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 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Net Income $1.32B $1.09B $2.70B $1.06B $1.07B $1.12B $683.45M $677.92M $570.27M $508.89M $869.83M $775.24M $1.00B $811.07M $895.24M $700.10M $356.44M
Depreciation & Amortization $467.00M $379.58M $337.84M $317.46M $307.54M $290.12M $279.05M $272.29M $282.58M $360.74M $327.09M $307.19M $421.62M $357.58M $290.48M $229.24M $231.36M
Stock-based Compensation $67.86M $43.98M $40.36M $31.46M $30.82M $31.11M $25.03M $29.70M $23.70M $21.02M $30.70M $31.63M $30.48M $30.88M $25.99M $21.21M $17.16M
Deferred Income Tax - $-28.62M $-91.65M $-92.20M - - - - - - - - - - - - $-23.06M
Change in Receivables $18.98M $-49.41M $43.89M $-86.50M $209.02M $201.54M $-122.41M $7.90M $87.57M $44.65M $-37.92M $87.21M $92.47M $4.55M $95.71M $181.08M $-119.22M
Change in Inventory $164.06M $37.21M $-4.42M $-145.45M $199.03M $297.62M $-10.52M $56.87M $85.05M $-25.86M $-63.13M $63.72M $18.26M $37.99M $46.12M $132.78M $-79.78M
Change in Payables $-41.65M $-15.64M $9.08M $-104.58M $15.42M $229.33M $-95.64M $18.27M $106.56M $58.70M $42.92M $60.18M $9.99M $73.46M $72.43M $93.77M $-20.38M
Operating Cash Flow - - - $1.34B $805.72M $1.12B $1.10B $945.31M - - - - - - - - -
Capital Expenditure $377.58M $220.26M $167.53M $192.59M $220.96M $171.47M $165.69M $186.80M $170.99M $165.21M $154.25M $166.03M $236.83M $297.01M $271.81M $174.84M $112.97M
Acquisitions $1.35B $663.27M $635.27M $533.62M $312.86M $1.11B $335.79M $216.40M $68.56M $1.56B $567.84M $802.25M $322.84M $1.04B $1.38B $104.42M $221.99M
Investing Cash Flow - - - $-726.63M $-540.92M $-992.75M $-481.38M $-384.25M - - - - - - - - -
Debt Repayment - $400.00M - - - - - $805.11M $350.00M $2.02M $300.05M $6.57M $3.25M $3.58M $402.65M $75.86M $32.41M
Stock Repurchased $622.10M $540.70M $500.00M - $585.00M $21.64M $106.28M $143.28M $894.98M - $600.16M $601.08M $457.87M $748.96M $242.49M $123.56M -
Dividends Paid $496.43M $283.01M $283.12M $284.30M $287.55M $286.90M $284.31M $282.20M $283.57M $268.34M $257.97M $258.49M $247.82M $240.96M $219.15M $200.10M $189.87M
Financing Cash Flow $-953.57M $-624.87M $-1.27B $-568.06M $-260.26M $-249.88M $-506.29M $-558.04M - - - - - - - - -
Net Change in Cash $-787.61M $-168.07M $1.43B $34.99M $-4.64M $-127.57M $115.82M $1.03M $-357.74M $-13.04M $-319.40M $-122.30M $3.81M $-406.68M $17.68M $472.64M $166.55M
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 $2.08B $1.98B $5.99B $5.82B
Cost of Revenue $1.24B $1.22B $3.60B $3.60B
Gross Profit $833.59M $763.19M $2.40B $2.21B
Selling General & Admin $456.44M $429.57M $1.37B $1.30B
Operating Income $377.15M $333.62M $1.03B $911.29M
Interest Expense $27.24M $34.13M $81.64M $102.87M
Other Income/Expense $18.52M $13.03M $26.66M $33.02M
Income Tax Expense $82.95M $73.43M $211.06M $291.78M
Net Income $302.00M $347.10M $811.88M $1.26B
Basic EPS 2.20 2.53 5.92 9.14
Diluted EPS 2.19 2.51 5.88 9.08
Basic Shares Outstanding $137.24M $137.25M $137.25M $137.91M
Diluted Shares Outstanding $138.03M $138.22M $138.10M $138.83M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Accounts Receivable $1.45B $1.35B
Inventory $1.32B $1.14B
Other Current Assets $176.37M $140.56M
Total Current Assets $4.50B $4.48B
Property Plant & Equipment $1.10B $987.92M
Goodwill $5.40B $4.91B
Intangible Assets $1.81B $1.58B
Other Non-current Assets $604.64M $550.18M
Total Assets $13.42B $12.51B
Accounts Payable $861.57M $848.01M
Short-term Debt $400.65M $400.06M
Deferred Revenue $183.44M $198.63M
Other Current Liabilities $360.47M $335.33M
Total Current Liabilities $2.21B $2.20B
Long-term Debt $2.67B $2.53B
Deferred Tax Liabilities $392.12M $352.01M
Other Non-current Liabilities $489.65M $471.13M
Total Stockholders Equity $7.66B $6.95B
Total Liabilities & Equity $13.42B $12.51B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $302.00M $347.10M $811.88M $1.26B
Depreciation & Amortization $98.46M $86.67M $280.26M $251.18M
Stock-based Compensation $6.73M $8.19M $37.60M $32.30M
Change in Receivables - - $33.82M $5.96M
Change in Inventory - - $95.57M $36.94M
Change in Payables - - $-26.31M $-60.55M
Capital Expenditure - - $163.27M $113.63M
Acquisitions - - $663.19M $602.65M
Stock Repurchased - - $40.70M $500.00M
Dividends Paid - - $213.18M $212.37M
Financing Cash Flow - - $-280.35M $-818.45M
Net Change in Cash - - $-292.07M $-19.09M

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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