$15.34B
Revenue
$4.47B
Net Income
70.25%
Gross Margin
42.24%
Op. Margin
$8.66B
Free Cash Flow
| 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 | $15.34B | $15.34B | $14.21B | $12.50B | $11.18B | $8.30B | $7.44B | $6.70B | $6.26B | $6.06B | $5.66B |
| Revenue Growth % | 0.0% | 7.9% | 13.7% | 11.8% | 34.8% | 11.5% | 11.1% | 7.0% | 3.2% | 7.1% | nan% |
| Cost of Revenue | $4.56B | $4.56B | $4.39B | $4.14B | $3.77B | $2.19B | $2.09B | $1.80B | $1.70B | $1.71B | $1.77B |
| Gross Profit | $10.77B | $10.77B | $9.82B | $8.36B | $7.42B | $6.10B | $5.35B | $4.90B | $4.56B | $4.35B | $3.89B |
| Gross Margin % | 70.2% | 70.2% | 69.1% | 66.9% | 66.3% | 73.5% | 71.9% | 73.1% | 72.8% | 71.7% | 68.8% |
| Operating Expenses | $9.16B | $9.16B | $8.73B | $8.44B | $8.16B | $4.09B | $3.84B | $3.52B | $3.47B | $3.45B | $3.39B |
| Selling General & Admin | $3.42B | $3.42B | $3.17B | $3.16B | $3.38B | $1.71B | $1.54B | $1.52B | $1.56B | $1.56B | $1.44B |
| Operating Income | $6.48B | $6.48B | $5.58B | $4.02B | $4.94B | $4.22B | $3.62B | $3.23B | $2.79B | $2.61B | $3.37B |
| Operating Margin % | 42.2% | 42.2% | 39.3% | 32.2% | 44.2% | 50.9% | 48.6% | 48.2% | 44.6% | 43.0% | 59.5% |
| Interest Expense | $391.00M | $390.00M | $391.00M | $334.00M | $304.00M | $119.00M | $141.00M | $198.00M | $134.00M | $149.00M | $181.00M |
| Other Income/Expense | $37.00M | $36.00M | $25.00M | $-15.00M | $70.00M | $62.00M | $31.00M | $-98.00M | $25.00M | $27.00M | $28.00M |
| Income Before Tax | $6.23B | $6.23B | $5.31B | $3.67B | $4.70B | $4.16B | $3.23B | $2.93B | $2.68B | $2.46B | $3.19B |
| Income Tax Expense | $1.41B | $1.41B | $1.14B | $778.00M | $1.18B | $901.00M | $694.00M | $627.00M | $560.00M | $823.00M | $960.00M |
| Net Income | $4.47B | $4.47B | $3.85B | $2.63B | $3.25B | $3.02B | $2.34B | $2.12B | $1.96B | $1.50B | $2.11B |
| Net Margin % | 29.2% | 29.2% | 27.1% | 21.0% | 29.0% | 36.4% | 31.4% | 31.7% | 31.3% | 24.7% | 37.2% |
| Basic EPS | 14.67 | 14.67 | 12.36 | 8.25 | 10.25 | 12.56 | 9.71 | 8.65 | 7.80 | 5.84 | 8.02 |
| Diluted EPS | 14.66 | 14.66 | 12.35 | 8.23 | 10.20 | 12.51 | 9.66 | 8.60 | 7.73 | 5.78 | 7.94 |
| Basic Shares Outstanding | - | 304.8M | 311.6M | 318.4M | 316.9M | 240.8M | 241.0M | 245.4M | 250.9M | 256.3M | 262.8M |
| Diluted Shares Outstanding | - | 305.1M | 311.9M | 318.9M | 318.5M | 241.8M | 242.1M | 246.9M | 253.2M | 258.9M | 265.2M |
| 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 | $1.75B | $1.67B | $1.29B | $1.29B | $6.50B | $4.11B | $2.87B | $1.92B | $2.78B | $2.39B |
| Short-term Investments | $56.00M | $20.00M | $26.00M | $14.00M | $11.00M | $9.00M | $28.00M | $18.00M | $12.00M | $8.00M |
| Accounts Receivable | $3.44B | $2.87B | $2.83B | $2.49B | $1.65B | $1.59B | $1.58B | $1.45B | $1.32B | $1.12B |
| Other Current Assets | $858.00M | $906.00M | $1.00B | $574.00M | $323.00M | $264.00M | $221.00M | $179.00M | $214.00M | $142.00M |
| Total Current Assets | $6.30B | $5.46B | $5.14B | $5.67B | $8.81B | $5.99B | $4.71B | $3.60B | $4.32B | $3.67B |
| Property Plant & Equipment | $278.00M | $265.00M | $258.00M | $297.00M | $241.00M | $284.00M | $320.00M | $270.00M | $275.00M | $271.00M |
| Goodwill | $36.48B | $34.92B | $34.85B | $34.55B | $3.51B | $3.73B | $3.58B | $3.54B | $2.99B | $2.95B |
| Intangible Assets | $16.27B | $16.56B | $17.40B | $18.31B | $1.28B | $1.35B | $1.42B | $1.52B | $1.39B | $1.51B |
| Other Non-current Assets | $610.00M | $591.00M | $536.00M | $562.00M | $399.00M | $684.00M | $641.00M | $525.00M | $449.00M | $272.00M |
| Total Assets | $61.20B | $60.22B | $60.59B | $61.78B | $15.03B | $12.54B | $11.35B | $9.46B | $9.43B | $8.67B |
| Accounts Payable | $610.00M | $553.00M | $557.00M | $450.00M | $205.00M | $233.00M | $190.00M | $211.00M | $195.00M | $183.00M |
| Short-term Debt | $718.00M | $4.00M | $47.00M | $226.00M | - | - | - | - | $399.00M | - |
| Deferred Revenue | $4.09B | $3.69B | $3.46B | $3.13B | $2.22B | $2.17B | $1.93B | $1.64B | $1.61B | $1.51B |
| Other Current Liabilities | $1.01B | $869.00M | $1.03B | $1.09B | $547.00M | $551.00M | $461.00M | $350.00M | $351.00M | $314.00M |
| Total Current Liabilities | $7.64B | $6.39B | $6.12B | $6.00B | $3.81B | $3.59B | $3.09B | $2.63B | $3.21B | $2.61B |
| Long-term Debt | $13.09B | $11.40B | $11.41B | $10.73B | $4.11B | $4.11B | $3.95B | $3.66B | $3.17B | $3.56B |
| Deferred Tax Liabilities | $3.26B | $3.40B | $3.69B | $4.07B | $147.00M | - | - | - | - | - |
| Other Non-current Liabilities | $1.11B | $815.00M | $522.00M | $489.00M | $807.00M | $653.00M | $624.00M | $634.00M | $679.00M | $439.00M |
| Total Liabilities | $25.05B | $22.71B | $22.49B | $22.04B | $9.49B | $9.19B | $8.54B | $7.15B | $7.31B | $6.89B |
| Common Stock | $415.00M | $415.00M | $415.00M | $415.00M | $294.00M | $294.00M | $294.00M | $294.00M | $412.00M | $412.00M |
| Retained Earnings | $23.67B | $20.98B | $18.73B | $17.78B | $15.02B | $13.37B | $12.21B | $11.28B | $10.03B | $9.21B |
| Treasury Stock | - | - | - | - | $13.47B | $13.46B | $12.30B | $11.04B | $9.60B | $8.70B |
| Total Stockholders Equity | $31.13B | $33.16B | $34.20B | $36.39B | $2.03B | $509.00M | $479.00M | $628.00M | $711.00M | $650.00M |
| Total Liabilities & Equity | $61.20B | $60.22B | $60.59B | $61.78B | $15.03B | $12.54B | $11.35B | $9.46B | $9.43B | $8.67B |
| 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 | $4.47B | $4.47B | $3.85B | $2.63B | $3.25B | $3.02B | $2.34B | $2.12B | $1.96B | $1.50B | $2.11B |
| Depreciation & Amortization | - | $1.18B | $1.17B | $1.14B | - | - | - | - | - | - | - |
| Stock-based Compensation | $375.00M | $236.00M | $247.00M | $171.00M | $214.00M | $122.00M | $90.00M | $78.00M | $94.00M | $99.00M | $76.00M |
| Deferred Income Tax | $-443.00M | $-242.00M | $-323.00M | $-381.00M | $-353.00M | $13.00M | $-31.00M | $46.00M | $81.00M | - | $79.00M |
| Change in Receivables | $923.00M | $600.00M | $79.00M | $291.00M | $-36.00M | $144.00M | $-18.00M | $135.00M | $164.00M | $196.00M | $177.00M |
| Operating Cash Flow | $9.00B | $5.65B | $5.69B | $3.71B | $2.60B | $3.60B | $3.57B | $2.78B | $2.06B | $2.02B | $1.46B |
| Capital Expenditure | $342.00M | $195.00M | $124.00M | $143.00M | $89.00M | $35.00M | $76.00M | $115.00M | $113.00M | $123.00M | $115.00M |
| Acquisitions | $2.06B | $2.02B | $305.00M | $296.00M | $-210.00M | $99.00M | $201.00M | $91.00M | - | - | - |
| Investing Cash Flow | $-914.00M | $-704.00M | $-255.00M | $562.00M | $3.63B | $-120.00M | $-240.00M | $-131.00M | $-513.00M | $-209.00M | $1.21B |
| Stock Repurchased | $6.95B | $5.00B | $3.30B | $3.30B | $12.00B | - | $1.16B | $1.24B | $1.66B | $1.00B | $1.12B |
| Dividends Paid | $2.05B | $1.17B | $1.13B | $1.15B | $1.02B | $743.00M | $645.00M | $560.00M | $503.00M | $421.00M | $380.00M |
| Financing Cash Flow | $-8.20B | $-4.93B | $-5.00B | $-4.28B | $-11.33B | $-1.01B | $-2.17B | $-1.75B | $-2.29B | $-1.51B | $-1.60B |
| Net Change in Cash | $63.00M | $79.00M | $375.00M | $4.00M | $-5.22B | $2.38B | $1.24B | $928.00M | $-821.00M | $387.00M | $911.00M |
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 | $3.89B | $3.58B | $11.42B | $10.62B |
| Cost of Revenue | $1.12B | $1.06B | $3.39B | $3.25B |
| Operating Expenses | $2.22B | $2.17B | $6.65B | $6.40B |
| Selling General & Admin | $805.00M | $815.00M | $2.37B | $2.27B |
| Operating Income | $1.68B | $1.43B | $4.80B | $4.27B |
| Interest Expense | $79.00M | $72.00M | $233.00M | $227.00M |
| Other Income/Expense | $2.00M | $-2.00M | $25.00M | $10.00M |
| Income Before Tax | $1.60B | $1.36B | $4.60B | $4.05B |
| Income Tax Expense | $333.00M | $313.00M | $1.00B | $854.00M |
| Net Income | $1.18B | $971.00M | $3.34B | $2.97B |
| Basic EPS | 3.86 | 3.12 | 10.91 | 9.51 |
| Diluted EPS | 3.86 | 3.11 | 10.90 | 9.50 |
| Basic Shares Outstanding | $304.30M | $311.20M | $305.80M | $312.60M |
| Diluted Shares Outstanding | $304.50M | $311.50M | $306.10M | $312.90M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.67B | $1.67B |
| Accounts Receivable | $2.86B | $2.87B |
| Other Current Assets | $926.00M | $926.00M |
| Total Current Assets | $5.65B | $5.46B |
| Property Plant & Equipment | $270.00M | $265.00M |
| Goodwill | $34.92B | $34.92B |
| Intangible Assets | $15.81B | $16.56B |
| Other Non-current Assets | $837.00M | $837.00M |
| Total Assets | $59.75B | $60.22B |
| Accounts Payable | $418.00M | $553.00M |
| Short-term Debt | $3.00M | $4.00M |
| Deferred Revenue | $3.63B | $3.69B |
| Other Current Liabilities | $799.00M | $869.00M |
| Total Current Liabilities | $5.80B | $6.39B |
| Long-term Debt | $11.38B | $11.39B |
| Deferred Tax Liabilities | $3.03B | $3.40B |
| Other Non-current Liabilities | $1.17B | $815.00M |
| Total Liabilities | $22.05B | $22.71B |
| Common Stock | $415.00M | $415.00M |
| Retained Earnings | $23.29B | $20.98B |
| Total Stockholders Equity | $33.13B | $33.16B |
| Total Liabilities & Equity | $59.75B | $60.22B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.18B | $971.00M | $3.34B | $2.97B |
| Stock-based Compensation | - | - | $167.00M | $177.00M |
| Deferred Income Tax | - | - | $-287.00M | $-271.00M |
| Change in Receivables | - | - | $31.00M | $-188.00M |
| Operating Cash Flow | - | - | $3.90B | $3.95B |
| Capital Expenditure | - | - | $149.00M | $91.00M |
| Acquisitions | - | - | $50.00M | $264.00M |
| Investing Cash Flow | - | - | $-232.00M | $-262.00M |
| Stock Repurchased | - | - | $2.50B | $2.00B |
| Dividends Paid | - | - | $880.00M | $854.00M |
| Financing Cash Flow | - | - | $-3.73B | $-3.28B |
| Net Change in Cash | - | - | $6.00M | $406.00M |
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.