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$3.12B
Revenue
$658.02M
Net Income
94.04%
Gross Margin
-
Op. Margin
$2.17B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 15 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 $3.12B $3.12B $2.42B $3.37B $4.15B $2.93B $1.97B $2.83B $3.28B $2.61B $1.10B
Revenue Growth % 0.0% 28.9% -28.4% -18.6% 41.5% 48.8% -30.4% -13.9% 25.7% 137.4% nan%
Cost of Revenue $185.55M $185.55M $140.54M $202.88M $427.05M $367.29M $188.32M $359.89M $496.05M $220.31M $168.58M
+ Gross Profit $2.93B $2.93B $2.28B $3.17B $3.72B $2.56B $1.78B $2.47B $2.79B $2.39B $931.36M
Gross Margin % 94.0% 94.0% 94.2% 94.0% 89.7% 87.5% 90.4% 87.3% 84.9% 91.6% 84.7%
Operating Expenses $2.28B $2.28B $2.17B $2.27B $2.73B $2.53B $2.71B $5.04B $5.06B $2.53B $1.90B
Interest Expense $104.90M $104.90M $118.76M $124.00M $165.15M $227.34M $192.67M $194.28M $210.21M $195.68M $168.21M
Income Tax Expense $173.67M $173.67M $-15.73M $229.20M $230.46M $-9.74M $-25.55M $-500.29M $-30.49M $-251.03M $-280.75M
+ Net Income $658.02M $658.02M $266.34M $871.14M $1.18B $411.78M $-711.78M $-1.72B $-1.75B $333.15M $-521.39M
Net Margin % 21.1% 21.1% 11.0% 25.8% 28.5% 14.1% -36.2% -60.7% -53.2% 12.8% -47.4%
Basic EPS 2.76 2.76 1.10 3.61 4.79 1.65 -2.95 -6.92 -7.10 1.34 -2.75
Diluted EPS 2.74 2.74 1.09 3.57 4.69 1.61 -2.95 -6.92 -7.10 1.34 -2.75
Basic Shares Outstanding - 237.9M 240.7M 237.0M 240.9M 242.9M 241.4M 248.0M 246.2M 245.1M 189.9M
Diluted Shares Outstanding - 239.8M 242.7M 239.8M 246.4M 249.3M 241.4M 248.0M 246.2M 245.5M 189.9M
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 $204.00K $304.49M $211.97M $207.00K $214.42M $458.00K $546.00K $545.00K $448.00K $314.00K
Accounts Receivable $358.69M $302.21M $274.67M $481.05M $471.77M $252.64M $272.90M $490.72M $348.83M $241.72M
Inventory - - - - - - - $22.96M $21.35M $26.57M
Other Current Assets $22.01M $17.56M $15.99M $12.11M $15.23M $13.41M $17.51M $22.96M - -
Total Current Assets $444.48M $721.46M $870.12M $539.59M $736.66M $289.84M $427.80M $602.18M $429.23M $281.88M
Property Plant & Equipment $4.93M $2.46M $1.70M $2.43M $3.49M $4.16M $5.38M $9.78M $14.67M $16.87M
Goodwill - - - - - - - - $1.64B $1.65B
Other Non-current Assets $74.94M $79.59M $88.92M $68.08M $86.26M $75.86M $75.43M $68.17M $76.73M $72.66M
Total Assets $7.42B $7.35B $7.20B $6.63B $6.66B $6.14B $6.61B $9.71B $11.73B $11.28B
Accounts Payable $164.35M $133.13M $110.13M $206.74M $178.41M $132.42M $155.34M $227.34M $343.87M $229.19M
Accrued Liabilities $322.10M $289.15M $302.16M $442.92M $420.90M $348.33M $356.39M $475.85M $317.53M $265.84M
Total Current Liabilities $661.15M $1.27B $583.09M $1.02B $1.15B $706.84M $566.54M $754.81M $755.47M $702.65M
Long-term Debt $1.20B $1.70B - - - - - - - -
Deferred Tax Liabilities $701.60M $541.38M $561.29M $333.57M $117.64M $135.27M $160.20M - - -
Total Liabilities $3.10B $3.41B $3.44B $3.75B $4.57B $4.50B $4.26B $5.65B $5.95B $5.87B
Common Stock $2.69M $2.67M $2.66M $2.63M $2.60M $2.56M $2.51M $2.50M $2.48M $2.47M
Retained Earnings $-909.20M $-1.48B $-1.67B $-2.46B $-3.61B $-4.02B $-3.31B $-1.57B $195.99M $-117.32M
Treasury Stock $746.49M $513.94M $448.68M $429.66M $30.01M $30.13M $7.24M $391.00K $599.00K $1.21M
Total Stockholders Equity $4.32B $3.94B $3.77B $2.88B $2.09B $1.64B $2.35B $4.06B $5.77B $5.41B
Total Liabilities & Equity $7.42B $7.35B $7.20B $6.63B $6.66B $6.14B $6.61B $9.71B $11.73B $11.28B
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 $755.08M $658.02M $266.34M $871.14M $1.18B $411.78M $-711.78M $-1.72B $-1.75B $333.15M $-521.39M
Depreciation & Amortization $643.09M $370.46M $358.36M $350.17M $353.42M $364.56M $473.29M $1.64B $658.08M $688.67M $567.14M
Deferred Income Tax $164.27M $164.27M $-23.90M $227.65M $215.77M $-17.73M $-25.03M $-506.44M $-30.49M $-251.04M $-280.85M
Change in Receivables $17.06M $56.40M $19.59M $-223.08M $3.29M $250.54M $-24.54M $-214.20M $142.38M $102.87M $20.59M
Change in Inventory - - - - - - $-1.01M $-4.52M $-138.00K $2.98M $-6.22M
Change in Payables $54.43M $9.09M $-443.00K $-77.06M $17.08M $39.23M $-32.69M $-60.37M $-4.27M $45.91M $-27.26M
Operating Cash Flow $2.17B $1.17B $944.51M $977.89M $1.86B $792.95M $268.68M $681.84M $990.69M $816.25M $387.07M
Capital Expenditure - - - - - - - - $1.48M $5.71M $3.05M
Acquisitions - - - - - - - - - - $-7.18M
Purchases of Investments $45.47M $23.12M $41.80M $45.17M $43.69M $30.81M $17.08M $19.04M $46.18M $88.17M $37.02M
Investing Cash Flow $-1.12B $-641.39M $-623.83M $-601.71M $-489.83M $-417.88M $-184.08M $39.48M $-695.43M $-1.14B $-308.83M
Stock Issued - - - - - - - - - - -
Dividends Paid $150.38M $85.68M $77.46M $77.24M $38.64M - - $20.07M $19.94M $19.84M $16.68M
Financing Cash Flow $-1.62B $-834.22M $-228.16M $-164.42M $-1.59B $-161.10M $-84.69M $-721.32M $-295.16M $322.94M $-78.39M
Net Change in Cash $-568.56M $-304.29M $92.52M $211.77M $-214.22M $213.96M $-88.00K $1.00K $97.00K $134.00K $-157.00K
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 $748.53M - $2.30B -
Cost of Revenue $48.88M - $142.07M -
Operating Expenses $565.18M - $1.70B -
Interest Expense $24.27M - $80.22M -
Income Tax Expense $39.04M - $116.18M -
Net Income $144.31M $28.70M $478.94M -
Basic EPS 0.61 - 2.00 -
Diluted EPS 0.60 - 1.99 -
Basic Shares Outstanding $237.38M - $238.52M -
Diluted Shares Outstanding $239.03M - $240.25M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $175.00K $304.49M
Accounts Receivable $239.22M $302.21M
Other Current Assets $23.90M $17.56M
Total Current Assets $334.83M $721.46M
Property Plant & Equipment $3.46M $2.46M
Other Non-current Assets $75.65M $79.59M
Total Assets $7.20B $7.35B
Accounts Payable $139.62M $133.13M
Accrued Liabilities $293.51M $289.15M
Total Current Liabilities $595.11M $1.27B
Deferred Tax Liabilities $650.43M $541.38M
Total Liabilities $2.99B $3.41B
Common Stock $2.69M $2.67M
Retained Earnings $-1.07B $-1.48B
Treasury Stock $692.00M $513.94M
Total Stockholders Equity $4.20B $3.94B
Total Liabilities & Equity $7.20B $7.35B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $144.31M $28.70M $478.94M -
Depreciation & Amortization - - $275.87M -
Deferred Income Tax $40.06M - $110.56M -
Change in Receivables - - $-63.06M -
Change in Payables - - $8.02M -
Operating Cash Flow - - $913.82M -
Purchases of Investments - - $18.46M -
Investing Cash Flow - - $-482.24M -
Dividends Paid - - $64.44M -
Financing Cash Flow - - $-735.89M -
Net Change in Cash - - $-304.31M -

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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