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$16.08B
Revenue
$2.08B
Net Income
44.46%
Gross Margin
17.02%
Op. Margin
$2.65B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 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)
+ Total Revenue $16.08B $16.08B $15.74B $15.32B $14.19B $12.73B
Revenue Growth % 0.0% 2.2% 2.7% 8.0% 11.4% nan%
Cost of Revenue $8.93B $8.93B $8.90B $9.15B $8.83B $7.62B
+ Gross Profit $7.15B $7.15B $6.84B $6.17B $5.36B $5.12B
Gross Margin % 44.5% 44.5% 43.5% 40.2% 37.8% 40.2%
Research & Development - $202.00M $207.00M $192.00M - -
Selling General & Admin $4.26B $4.26B $4.23B $4.06B $3.65B $3.42B
+ Operating Income $2.74B $2.74B $2.80B $1.99B $1.56B $1.60B
Operating Margin % 17.0% 17.0% 17.8% 13.0% 11.0% 12.6%
Interest Expense - $306.20M $340.30M $348.90M $222.40M $208.70M
Interest Income - $65.10M $57.80M $52.20M - -
Other Income/Expense $51.40M $51.40M $51.30M $59.90M $24.50M $33.90M
Income Before Tax $2.55B $2.55B $2.57B $1.76B $1.34B $1.41B
Income Tax Expense $454.60M $454.60M $439.30M $362.50M $234.50M $270.20M
+ Net Income $2.08B $2.08B $2.11B $1.37B $1.09B $1.13B
Net Margin % 12.9% 12.9% 13.4% 9.0% 7.7% 8.9%
Basic EPS 7.33 7.33 7.43 4.82 3.83 3.95
Diluted EPS 7.28 7.28 7.37 4.79 3.81 3.91
Basic Shares Outstanding - 283.3M 284.3M 285.0M 285.2M 286.3M
Diluted Shares Outstanding - 285.2M 286.6M 286.5M 286.6M 289.1M
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 $646.20M $1.26B $919.50M $598.60M $359.90M
Accounts Receivable $3.25B $2.87B $2.83B $2.70B $2.48B
Inventory $1.49B $1.46B $1.50B $1.79B $1.49B
Other Current Assets $569.60M $439.00M $393.20M $404.70M $357.00M
Total Current Assets $5.96B $6.03B $5.64B $5.49B $4.69B
Property Plant & Equipment $4.28B $3.75B $3.47B $3.29B $3.29B
Goodwill $9.23B $7.91B $8.15B $8.01B $8.06B
Intangible Assets $3.69B $3.31B $3.49B $3.68B $4.22B
Other Non-current Assets $782.70M $670.40M $532.70M $535.10M $546.00M
Total Assets $24.70B $22.39B $21.85B $21.46B $21.21B
Accounts Payable $2.07B $1.81B $1.57B $1.73B $1.38B
Short-term Debt $870.40M $615.70M $630.40M $505.10M $411.00M
Other Current Liabilities $1.74B $1.51B $1.33B $1.29B $1.14B
Total Current Liabilities $5.53B $4.79B $4.35B $4.21B $3.55B
Long-term Debt $7.37B $6.95B $7.55B $8.08B $8.35B
Deferred Tax Liabilities $329.90M $280.00M $418.20M $505.60M $622.00M
Other Non-current Liabilities $518.70M $366.20M $381.80M $406.30M $254.10M
Total Liabilities $14.89B $13.60B $13.77B $14.21B $13.95B
Common Stock $369.40M $367.80M $365.70M $364.70M $364.10M
Retained Earnings $12.83B $11.52B $10.08B $9.32B $8.81B
Treasury Stock $9.08B $8.31B $7.31B $7.30B $6.78B
Total Stockholders Equity $9.77B $8.76B $8.04B $7.24B $7.22B
Total Liabilities & Equity $24.70B $22.39B $21.85B $21.46B $21.21B
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 $2.08B $2.08B $2.11B $1.37B $1.09B $1.13B
Stock-based Compensation $254.70M $136.60M $134.80M $95.10M $87.80M $89.50M
Deferred Income Tax - $-36.20M $-184.60M $-55.10M - -
Change in Receivables $317.40M $185.90M $146.70M $84.30M $319.60M $178.20M
Change in Inventory $109.60M $-36.40M $115.60M $-320.30M $402.90M $73.00M
Change in Payables $72.60M $67.70M $300.00M $-232.30M $394.70M $200.40M
Operating Cash Flow $4.39B $2.95B $2.81B $2.41B $1.79B $2.06B
Capital Expenditure $1.74B $1.05B $994.50M $774.80M $712.80M $643.00M
Investing Cash Flow $-3.38B $-2.71B $-433.80M $-990.50M $-716.80M $-4.58B
Debt Repayment - $674.20M $630.40M $500.00M - $1.02B
Stock Repurchased $1.14B $783.80M $986.50M $13.70M $518.20M $106.60M
Dividends Paid $1.33B $753.60M $664.30M $617.30M $602.80M $566.40M
Financing Cash Flow $-1.04B $-853.30M $-2.02B $-1.05B $-837.30M $1.60B
Net Change in Cash - - - $320.90M $238.70M $-900.30M
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 $4.17B $4.00B $11.89B $11.74B
Cost of Revenue $2.30B $2.26B $6.58B $6.63B
Selling General & Admin $1.08B $1.02B $3.20B $3.18B
Operating Income $760.20M $1.04B $2.03B $2.22B
Other Income/Expense $12.80M $12.90M $38.80M $38.10M
Income Before Tax $717.70M $987.30M $1.89B $2.04B
Income Tax Expense $128.00M $246.50M $362.90M $384.50M
Net Income $585.00M $736.50M $1.51B $1.64B
Basic EPS 2.06 2.60 5.33 5.76
Diluted EPS 2.05 2.58 5.30 5.72
Basic Shares Outstanding $283.50M $283.60M $283.50M $284.60M
Diluted Shares Outstanding $285.40M $286.00M $285.30M $286.80M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.96B $1.26B
Accounts Receivable $3.11B $2.87B
Inventory $1.53B $1.46B
Other Current Assets $501.90M $439.00M
Total Current Assets $7.11B $6.03B
Property Plant & Equipment $4.06B $3.75B
Goodwill $8.11B $7.91B
Intangible Assets $3.14B $3.31B
Other Non-current Assets $712.10M $670.40M
Total Assets $23.90B $22.39B
Accounts Payable $1.87B $1.81B
Short-term Debt $16.20M $615.70M
Other Current Liabilities $1.51B $1.51B
Total Current Liabilities $4.19B $4.79B
Long-term Debt $8.05B $6.95B
Deferred Tax Liabilities $176.90M $280.00M
Other Non-current Liabilities $527.30M $366.20M
Total Liabilities $14.14B $13.60B
Common Stock $369.10M $367.80M
Retained Earnings $12.48B $11.52B
Treasury Stock $8.67B $8.31B
Total Stockholders Equity $9.72B $8.76B
Total Liabilities & Equity $23.90B $22.39B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $585.00M $736.50M $1.51B $1.64B
Stock-based Compensation - - $109.50M $109.50M
Change in Receivables - - $150.30M $109.30M
Change in Inventory - - $37.60M $163.60M
Change in Payables - - $-47.80M $277.70M
Operating Cash Flow - - $1.86B $2.05B
Capital Expenditure - - $716.20M $634.80M
Investing Cash Flow - - $-729.00M $193.70M
Debt Repayment - - $674.20M $630.40M
Stock Repurchased - - $374.60M $983.70M
Dividends Paid - - $564.40M $502.90M
Financing Cash Flow - - $-421.70M $-1.88B

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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