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$15.34B
Revenue
$4.47B
Net Income
70.25%
Gross Margin
42.24%
Op. Margin
$8.66B
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 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
+ Total Revenue $15.34B $15.34B $14.21B $12.50B $11.18B $8.30B $7.44B $6.70B $6.26B $6.06B $5.66B $5.31B $5.05B $4.88B $3.95B $6.17B $5.95B
Revenue Growth % 0.0% 7.9% 13.7% 11.8% 34.8% 11.5% 11.1% 7.0% 3.2% 7.1% 6.5% 5.2% 3.6% 23.3% -35.9% 3.6% 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 $1.67B $1.63B $1.58B $1.39B $2.35B $2.39B
+ Gross Profit $10.77B $10.77B $9.82B $8.36B $7.42B $6.10B $5.35B $4.90B $4.56B $4.35B $3.89B $3.64B $3.42B $3.29B $2.57B $3.82B $3.57B
Gross Margin % 70.2% 70.2% 69.1% 66.9% 66.3% 73.5% 71.9% 73.1% 72.8% 71.7% 68.8% 68.5% 67.8% 67.5% 64.9% 62.0% 59.9%
Operating Expenses $9.16B $9.16B $8.73B $8.44B $8.16B $4.09B $3.84B $3.52B $3.47B $3.45B $3.39B $3.41B $4.93B $3.46B $2.89B $4.76B $4.69B
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 $1.58B $3.17B $1.74B $1.38B $2.26B $2.14B
+ Operating Income $6.48B $6.48B $5.58B $4.02B $4.94B $4.22B $3.62B $3.23B $2.79B $2.61B $3.37B $1.92B $113.00M $1.41B $1.08B $1.42B $1.26B
Operating Margin % 42.2% 42.2% 39.3% 32.2% 44.2% 50.9% 48.6% 48.2% 44.6% 43.0% 59.5% 36.1% 2.2% 28.8% 27.2% 23.0% 21.1%
Interest Expense $391.00M $390.00M $391.00M $334.00M $304.00M $119.00M $141.00M $198.00M $134.00M $149.00M $181.00M $102.00M $59.00M $59.00M $77.00M $81.64M $76.87M
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 $1.81B $54.00M $1.35B $1.00B $1.33B $1.18B
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 $547.00M $245.00M $443.00M $374.00M $487.55M $429.11M
+ Net Income $4.47B $4.47B $3.85B $2.63B $3.25B $3.02B $2.34B $2.12B $1.96B $1.50B $2.11B $1.16B $-115.00M $1.38B $911.00M $828.06M $730.50M
Net Margin % 29.2% 29.2% 27.1% 21.0% 29.0% 36.4% 31.4% 31.7% 31.3% 24.7% 37.2% 21.8% -2.3% 28.2% 23.0% 13.4% 12.3%
Basic EPS 14.67 14.67 12.36 8.25 10.25 12.56 9.71 8.65 7.80 5.84 8.02 4.26 -0.42 5.01 3.05 2.68 2.34
Diluted EPS 14.66 14.66 12.35 8.23 10.20 12.51 9.66 8.60 7.73 5.78 7.94 4.21 -0.42 4.91 3.00 2.65 2.33
Basic Shares Outstanding - 304.8M 311.6M 318.4M 316.9M 240.8M 241.0M 245.4M 250.9M 256.3M 262.8M 271.6M 271.5M 274.5M 298.1M 309.4M 312.2M
Diluted Shares Outstanding - 305.1M 311.9M 318.9M 318.5M 241.8M 242.1M 246.9M 253.2M 258.9M 265.2M 274.6M 271.5M 279.8M 303.6M 312.2M 313.3M
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Cash & Cash Equivalents $1.75B $1.67B $1.29B $1.29B $6.50B $4.11B $2.87B $1.92B $2.78B $2.39B $1.48B $2.50B $1.54B $835.00M $1.42B $1.21B
Short-term Investments $56.00M $20.00M $26.00M $14.00M $11.00M $9.00M $28.00M $18.00M $12.00M $8.00M $6.00M $3.00M $18.00M $29.00M $22.16M $24.60M
Accounts Receivable $3.44B $2.87B $2.83B $2.49B $1.65B $1.59B $1.58B $1.45B $1.32B $1.12B $991.00M $932.00M $979.00M $1.04B $990.57M $969.66M
Inventory - - - - - - - - - - - - - $263.00M $275.10M $301.23M
Other Current Assets $858.00M $906.00M $1.00B $574.00M $323.00M $264.00M $221.00M $179.00M $214.00M $142.00M $206.00M $171.00M $228.00M $138.00M $298.00M -
Total Current Assets $6.30B $5.46B $5.14B $5.67B $8.81B $5.99B $4.71B $3.60B $4.32B $3.67B $3.30B $3.97B $2.94B $2.68B $3.29B $2.94B
Property Plant & Equipment $278.00M $265.00M $258.00M $297.00M $241.00M $284.00M $320.00M $270.00M $275.00M $271.00M $270.00M $206.00M $249.00M $500.00M $548.77M $579.80M
Goodwill $36.48B $34.92B $34.85B $34.55B $3.51B $3.73B $3.58B $3.54B $2.99B $2.95B $2.88B $1.39B $1.41B $1.10B $1.89B $1.69B
Intangible Assets $16.27B $16.56B $17.40B $18.31B $1.28B $1.35B $1.42B $1.52B $1.39B $1.51B $1.52B $1.00B $1.03B $608.00M $663.88M $538.74M
Other Non-current Assets $610.00M $591.00M $536.00M $562.00M $399.00M $684.00M $641.00M $525.00M $449.00M $272.00M $177.00M $180.00M $170.00M $267.00M $287.35M $166.38M
Total Assets $61.20B $60.22B $60.59B $61.78B $15.03B $12.54B $11.35B $9.46B $9.43B $8.67B $8.18B $6.77B $6.06B $6.43B $7.05B $6.48B
Accounts Payable $610.00M $553.00M $557.00M $450.00M $205.00M $233.00M $190.00M $211.00M $195.00M $183.00M $206.00M $191.00M $219.00M $347.00M $396.48M $301.83M
Short-term Debt $718.00M $4.00M $47.00M $226.00M - - - - $399.00M - $143.00M - - $400.00M - $22.00K
Accrued Liabilities - - - - - - - - - - - - - $119.00M $114.47M $114.16M
Deferred Revenue $4.09B $3.69B $3.46B $3.13B $2.22B $2.17B $1.93B $1.64B $1.61B $1.51B $1.42B $1.32B $1.31B $1.30B $1.21B $1.12B
Other Current Liabilities $1.01B $869.00M $1.03B $1.09B $547.00M $551.00M $461.00M $350.00M $351.00M $314.00M $372.00M $402.00M $402.00M $422.00M $437.48M $441.60M
Total Current Liabilities $7.64B $6.39B $6.12B $6.00B $3.81B $3.59B $3.09B $2.63B $3.21B $2.61B $2.91B $3.97B $2.37B $3.13B $2.68B $2.45B
Long-term Debt $13.09B $11.40B $11.41B $10.73B $4.11B $4.11B $3.95B $3.66B $3.17B $3.56B $3.47B $799.00M $799.00M $798.00M $1.20B $1.20B
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 $345.00M $267.00M $267.00M $402.00M $439.86M $226.84M
Total Liabilities $25.05B $22.71B $22.49B $22.04B $9.49B $9.19B $8.54B $7.15B $7.31B $6.89B $7.02B $5.42B $3.91B $4.84B $4.76B $4.55B
Common Stock $415.00M $415.00M $415.00M $415.00M $294.00M $294.00M $294.00M $294.00M $412.00M $412.00M $412.00M $412.00M $412.00M $412.00M $411.71M $411.71M
Retained Earnings $23.67B $20.98B $18.73B $17.78B $15.02B $13.37B $12.21B $11.28B $10.03B $9.21B $7.64B $6.95B $7.38B $7.67B $7.06B $6.52B
Treasury Stock - - - - $13.47B $13.46B $12.30B $11.04B $9.60B $8.70B $7.73B $6.85B $6.75B $6.24B $4.96B $4.75B
Total Stockholders Equity $31.13B $33.16B $34.20B $36.39B $2.03B $509.00M $479.00M $628.00M $711.00M $650.00M $194.00M $488.00M $1.30B $1.51B $2.21B $1.85B
Total Liabilities & Equity $61.20B $60.22B $60.59B $61.78B $15.03B $12.54B $11.35B $9.46B $9.43B $8.67B $8.18B $6.77B $6.06B $6.43B $7.05B $6.48B
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Net Income $4.47B $4.47B $3.85B $2.63B $3.25B $3.02B $2.34B $2.12B $1.96B $1.50B $2.11B $1.16B $-115.00M $1.38B $911.00M $828.06M $730.50M
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 $78.00M $100.00M $99.00M $77.00M $66.48M $22.27M
Deferred Income Tax $-443.00M $-242.00M $-323.00M $-381.00M $-353.00M $13.00M $-31.00M $46.00M $81.00M - $79.00M $280.00M $-245.00M $43.00M $17.00M $74.41M $5.69M
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 $118.00M $9.00M $35.00M $-14.00M $37.04M $50.31M
Change in Inventory - - - - - - - - - - - - - - $-13.00M $-26.92M $67.64M
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 $195.00M $1.21B $816.00M $924.00M $1.46B $1.32B
Capital Expenditure $342.00M $195.00M $124.00M $143.00M $89.00M $35.00M $76.00M $115.00M $113.00M $123.00M $115.00M $139.00M $92.00M $117.00M $92.00M $115.44M $68.53M
Acquisitions $2.06B $2.02B $305.00M $296.00M $-210.00M $99.00M $201.00M $91.00M - - - - - - $200.00M $364.40M -
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 $-2.52B $-65.00M $-130.00M $-271.00M $-597.55M $-278.69M
Stock Repurchased $6.95B $5.00B $3.30B $3.30B $12.00B - $1.16B $1.24B $1.66B $1.00B $1.12B $974.00M $362.00M $978.00M $1.50B $255.81M -
Dividends Paid $2.05B $1.17B $1.13B $1.15B $1.02B $743.00M $645.00M $560.00M $503.00M $421.00M $380.00M $363.00M $326.00M $308.00M $296.00M $292.26M $281.55M
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 $1.51B $-462.00M $-1.74B $-1.66B $-533.41M $-326.05M
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 $-1.02B $955.00M $782.00M $-581.00M $315.67M $738.26M
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.

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