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$51.51B
Revenue
$4.21B
Net Income
15.33%
Gross Margin
10.34%
Op. Margin
$5.63B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2009 - 2024)
Breakdown TTM
(Sep 30, 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)
FY 2015
(Dec 31, 2015)
+ Total Revenue $51.51B $47.72B $42.27B $39.41B $38.47B $37.92B $39.35B $36.19B $30.97B $31.35B $31.47B
Revenue Growth % 7.9% 12.9% 7.3% 2.4% 1.4% -3.6% 8.7% 16.9% -1.2% -0.4% nan%
Cost of Revenue $43.61B $40.35B $35.60B $32.78B $32.06B $31.60B $32.29B $29.48B $24.73B $24.90B $15.87B
+ Gross Profit $7.89B $7.36B $6.67B $6.62B $6.41B $6.33B $7.06B $6.71B $6.24B $6.46B $15.60B
Gross Margin % 15.3% 15.4% 15.8% 16.8% 16.7% 16.7% 17.9% 18.6% 20.2% 20.6% 49.6%
Operating Expenses $46.18B $42.92B $38.03B $35.20B $34.31B $33.79B $34.70B $31.74B $26.80B $27.04B $27.29B
+ Operating Income $5.33B $4.80B $4.25B $4.21B $4.16B $4.13B $4.65B $4.46B $4.18B $4.31B $4.18B
Operating Margin % 10.3% 10.1% 10.0% 10.7% 10.8% 10.9% 11.8% 12.3% 13.5% 13.7% 13.3%
Other Income/Expense $72.00M $68.00M $82.00M $189.00M $134.00M $82.00M $14.00M $-16.00M $3.00M $13.00M $7.00M
Income Before Tax $5.07B $4.54B $3.98B $4.04B $3.87B $3.74B $4.20B $4.08B $4.08B $4.23B $4.10B
Income Tax Expense $857.00M $758.00M $669.00M $646.00M $616.00M $571.00M $718.00M $727.00M $1.17B $1.17B $1.14B
+ Net Income $4.21B $3.78B $3.31B $3.39B $3.26B $3.17B $3.48B $3.35B $2.91B $2.96B $2.96B
Net Margin % 8.2% 7.9% 7.8% 8.6% 8.5% 8.4% 8.9% 9.2% 9.4% 9.4% 9.4%
Basic EPS nan 13.81 12.14 12.31 11.61 11.04 12.09 11.33 9.73 9.70 9.23
Diluted EPS nan 13.63 12.02 12.19 11.55 11.00 11.98 11.18 9.56 9.52 9.08
Breakdown 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)
FY 2015
(Dec 31, 2015)
Cash & Cash Equivalents $1.70B $1.91B $1.24B $1.60B $2.82B $902.00M $963.00M $2.98B $2.33B $2.79B
Accounts Receivable $2.98B $3.00B $3.01B $3.04B $3.16B $3.54B $3.76B $3.62B $3.61B $3.45B
Inventory $9.72B $8.58B $6.32B $5.34B $5.75B $6.31B $5.98B $5.30B $3.52B $3.37B
Other Current Assets $1.74B $2.12B $1.70B $1.50B $1.79B $1.17B $914.00M $1.19B $697.00M $617.00M
Total Current Assets $24.39B $23.61B $21.06B $19.99B $21.54B $19.78B $18.19B $18.33B $15.45B $14.57B
Property Plant & Equipment $6.47B $6.20B $5.90B $5.42B $5.10B $4.47B $4.35B $3.52B $3.47B $3.47B
Goodwill $20.56B $20.59B $20.33B $20.10B $20.05B $19.68B $19.59B $11.91B $11.45B $11.44B
Intangible Assets $1.52B $1.66B $1.82B $1.98B $2.12B $2.31B $2.58B $702.00M $678.00M $763.00M
Other Non-current Assets $2.95B $2.75B $2.46B $2.59B $2.50B $2.59B $692.00M $585.00M $1.83B $1.75B
Total Assets $55.88B $54.81B $51.59B $50.07B $51.31B $48.84B $45.41B $35.05B $32.87B $32.00B
Accounts Payable $3.34B $3.10B $3.40B $3.17B $2.95B $3.16B $3.18B $3.21B $2.54B $1.96B
Short-term Debt $1.50B $507.00M $1.25B $1.00B $3.00B $2.92B $973.00M $2.00M $900.00M -
Deferred Revenue $9.49B $9.56B $7.44B $6.27B $6.28B $7.15B - - - -
Other Current Liabilities $3.49B $3.27B $3.25B $3.54B $3.73B $3.57B $3.32B $2.90B $4.47B $4.31B
Total Current Liabilities $17.82B $16.43B $15.34B $13.98B $15.96B $16.80B $14.74B $13.10B $12.85B $12.45B
Long-term Debt $7.26B $8.75B $9.24B $10.49B $9.99B $9.01B $11.44B $3.98B $2.99B $2.90B
Other Non-current Liabilities $8.73B $8.32B $8.43B $7.96B $9.69B $9.45B $7.49B $6.53B $6.06B $5.92B
Common Stock $482.00M $482.00M $482.00M $482.00M $482.00M $482.00M $482.00M $482.00M $482.00M $482.00M
Retained Earnings $41.49B $39.27B $37.40B $35.42B $33.50B $31.63B $29.33B $26.44B $25.23B $23.20B
Treasury Stock $22.45B $21.05B $20.72B $19.62B $17.89B $17.36B $17.24B $15.54B $14.16B $12.39B
Total Stockholders Equity $22.06B $21.30B $18.57B $17.64B $15.66B $13.58B $11.73B $11.44B $10.98B $10.74B
Total Liabilities & Equity $55.88B $54.81B $51.59B $50.07B $51.31B $48.84B $45.41B $35.05B $32.87B $32.00B
Breakdown TTM
(Sep 30, 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)
FY 2015
(Dec 31, 2015)
Net Income $5.21B $3.78B $3.31B $3.39B $3.26B $3.17B $3.48B $3.35B $2.91B $2.96B $2.96B
Stock-based Compensation $315.00M $183.00M $181.00M $165.00M $126.00M $128.00M $133.00M $140.00M $123.00M $100.00M $110.00M
Deferred Income Tax $15.00M $-86.00M $-177.00M $-178.00M $-66.00M $-127.00M $92.00M $-3.00M $401.00M $376.00M $167.00M
Change in Receivables $1.05B $-16.00M $-38.00M $-46.00M $-138.00M $-371.00M $-176.00M $-417.00M $195.00M $161.00M $-604.00M
Change in Inventory $13.00M $1.20B $2.22B $980.00M $-405.00M $-502.00M $376.00M $591.00M $182.00M $154.00M $156.00M
Change in Payables $-75.00M $247.00M $-303.00M $224.00M $194.00M $-215.00M $6.00M $-197.00M $657.00M $567.00M $-89.00M
Operating Cash Flow $7.02B $4.11B $4.71B $4.58B $4.27B $3.86B $2.98B $3.15B $3.88B - $2.50B
Capital Expenditure $1.39B $916.00M $904.00M $1.11B $887.00M $967.00M $987.00M $690.00M $428.00M $392.00M $569.00M
Acquisitions - - - - - $203.00M $19.00M $10.10B $399.00M $58.00M $5.00M
Sales of Investments - - - - - - - - - - $6.00M
Investing Cash Flow $-1.13B $-953.00M $-941.00M $-1.49B $-882.00M $-974.00M $-994.00M $-10.23B $-788.00M - $200.00M
Debt Repayment $4.25B $500.00M $1.25B $1.00B - $2.00B - - $900.00M $500.00M $500.00M
Stock Repurchased $3.12B $1.50B $434.00M $1.23B $1.83B $587.00M $231.00M $1.77B $1.56B $2.00B $3.23B
Dividends Paid $1.96B $1.53B $1.43B $1.37B $1.31B $1.24B $1.15B $1.07B $986.00M $911.00M $873.00M
Financing Cash Flow $-6.08B $-3.37B $-3.09B $-3.47B $-4.59B $-903.00M $-2.00B $5.09B $-2.40B - $-4.26B
Net Change in Cash $-210.00M $-216.00M $671.00M $-361.00M $-1.22B $1.92B $-61.00M $-2.02B $649.00M $-451.00M $-1.60B
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 $12.91B $11.67B $38.17B $34.38B
Operating Expenses $11.58B $10.49B $34.27B $31.00B
Operating Income $1.33B $1.18B $3.90B $3.37B
Interest Expense - - $238.00M $213.00M
Other Income/Expense $15.00M $15.00M $51.00M $47.00M
Income Before Tax $1.27B $1.11B $3.70B $3.17B
Income Tax Expense $213.00M $184.00M $637.00M $538.00M
Net Income $1.06B $930.00M $3.07B $2.63B
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $2.52B $1.70B
Accounts Receivable $3.30B $2.98B
Inventory $9.81B $9.72B
Other Current Assets $1.57B $1.74B
Total Current Assets $25.85B $24.39B
Property Plant & Equipment $6.60B $6.47B
Goodwill $20.87B $20.56B
Intangible Assets $1.40B $1.52B
Other Non-current Assets $2.87B $2.95B
Total Assets $57.60B $55.88B
Accounts Payable $3.46B $3.34B
Short-term Debt $1.01B $1.50B
Deferred Revenue $10.46B $9.49B
Other Current Liabilities $3.54B $3.49B
Total Current Liabilities $18.46B $17.82B
Long-term Debt $7.01B $7.26B
Other Non-current Liabilities $7.69B $8.73B
Common Stock $482.00M $482.00M
Retained Earnings $43.34B $41.49B
Treasury Stock $22.86B $22.45B
Total Stockholders Equity $24.43B $22.06B
Total Liabilities & Equity $57.60B $55.88B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $1.06B $930.00M $3.07B $2.63B
Stock-based Compensation - - $146.00M $137.00M
Deferred Income Tax - - $151.00M $-107.00M
Change in Receivables - - $314.00M $172.00M
Change in Inventory - - $131.00M $1.61B
Change in Payables - - $119.00M $193.00M
Operating Cash Flow - - $3.56B $1.95B
Capital Expenditure - - $552.00M $561.00M
Investing Cash Flow - - $-422.00M $-588.00M
Debt Repayment - - $1.50B -
Stock Repurchased - - $600.00M $183.00M
Dividends Paid $403.00M $390.00M $1.19B $1.14B
Financing Cash Flow - - $-2.31B $-1.17B
Net Change in Cash - - $823.00M $188.00M

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.

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