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$10.84B
Revenue
$961.84M
Net Income
40.14%
Gross Margin
-
Op. Margin
$4.85B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 15 annual reports available (2011 - 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 $10.84B $10.84B $7.99B $6.64B $5.86B $4.74B $4.61B $5.12B $4.70B $4.32B $4.28B
Revenue Growth % 0.0% 35.6% 20.4% 13.3% 23.6% 3.0% -10.1% 9.0% 8.9% 0.8% nan%
Cost of Revenue $6.49B $6.49B $4.83B $3.95B $3.56B $2.77B $2.60B $2.69B $2.43B $2.08B -
+ Gross Profit $4.35B $4.35B $3.16B $2.69B $2.30B $1.97B $2.01B $2.43B $2.27B $2.23B -
Gross Margin % 40.1% 40.1% 39.6% 40.5% 39.3% 41.5% 43.6% 47.5% 48.2% 51.7% nan%
Operating Expenses $11.32B $11.32B $7.47B $6.29B $5.69B $4.57B $4.64B $4.58B $4.28B $4.02B $3.57B
Selling General & Admin $1.75B $1.75B $235.49M $179.09M $150.39M $126.73M $128.39M $126.55M $126.38M $122.01M $155.24M
Interest Expense $960.63M $579.59M $593.03M $607.85M $529.52M $489.85M $514.39M $555.56M $526.59M $484.62M $521.35M
Other Income/Expense - - - - - $-41.74M $-70.33M $-52.61M $-112.90M - -
Income Before Tax - - $524.44M $350.05M $173.06M $170.75M $-31.55M $542.89M $423.49M $299.62M $709.25M
Income Tax Expense $-7.12M $-7.12M $2.70M $6.36M $7.25M $8.71M $9.97M $2.96M $8.67M $20.13M $-19.13M
+ Net Income $961.84M $961.84M $972.86M $358.14M $160.57M $374.48M $1.04B $1.33B $829.75M $540.61M $1.08B
Net Margin % 8.9% 8.9% 12.2% 5.4% 2.7% 7.9% 22.6% 26.0% 17.7% 12.5% 25.3%
Basic EPS 1.41 1.41 1.58 0.66 0.31 0.79 2.36 3.07 2.03 1.26 2.83
Diluted EPS 1.39 1.39 1.57 0.66 0.30 0.78 2.33 3.05 2.02 1.26 2.81
Basic Shares Outstanding - 665.6M 603.0M 515.6M 462.2M 425.0M 415.5M 401.8M 373.6M 367.2M 358.3M
Diluted Shares Outstanding - 679.5M 608.8M 518.7M 465.2M 426.8M 417.4M 403.8M 375.2M 369.0M 360.2M
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 $5.03B $3.51B $1.99B $631.68M $269.26M $1.55B $284.92M $215.38M $243.78M $419.38M
Accounts Receivable $251.06M $222.54M - - - - - - - -
Goodwill $346.32M $149.22M $68.32M $68.32M $68.32M $68.32M $68.32M $68.32M $68.32M $68.32M
Intangible Assets $908.75M $665.94M - - - - - - - -
Total Assets $67.30B $51.04B $44.01B $37.89B $34.91B $32.48B $33.38B $30.34B $27.94B $28.87B
Long-term Debt $19.20B - - - - - - - - -
Total Liabilities $24.10B $18.47B $17.64B $16.50B $15.91B $15.26B $16.40B $14.33B $12.64B $13.19B
Common Stock $696.62M $637.00M $565.89M $491.92M $448.61M $418.69M $411.00M $384.46M $372.45M $363.07M
Retained Earnings $11.03B $10.10B $9.15B $8.80B $8.66B $8.33B $7.35B $6.12B $5.32B -
Treasury Stock $14.40M $114.18M $111.58M $111.00M $107.75M $104.49M $78.95M $68.50M $64.56M $54.74M
Total Stockholders Equity $42.13B $31.96B $25.40B $20.29B $17.64B $15.97B $15.54B $14.63B $14.42B $14.81B
Total Liabilities & Equity $67.30B $51.04B $44.01B $37.89B $34.91B $32.48B $33.38B $30.34B $27.94B $28.87B
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 $961.84M $961.84M $972.86M $358.14M $160.57M $374.48M $1.04B $1.33B $829.75M $540.61M $1.08B
Depreciation & Amortization $2.57B $2.08B $1.63B $1.40B $1.31B $1.04B $1.04B $1.03B $950.46M $921.72M $901.24M
Stock-based Compensation $1.61B $1.56B $75.82M $37.20M $26.15M $17.81M $28.32M $25.05M $27.65M $19.10M $28.87M
Deferred Income Tax - $-49.61M $-6.52M $-2.48M - - - - - - -
Operating Cash Flow $4.85B $2.88B $2.26B $1.60B $1.33B $1.28B $1.36B $1.54B $1.58B $1.43B $1.63B
Investing Cash Flow $-15.97B $-10.51B $-5.51B $-5.71B $-3.70B $-4.52B $2.35B $-2.05B $-2.39B $154.58M $-309.50M
Stock Issued - - - - - $2.35B $595.31M $1.06B $789.58M $621.99M $534.19M
Stock Repurchased - - - - - - $7.66M - - - -
Dividends Paid $3.18B $1.88B $1.55B $1.26B $1.13B $1.04B $1.12B - - - -
Financing Cash Flow $13.03B $9.00B $4.91B $5.45B $2.76B $1.57B $-2.08B $577.15M $818.37M $-1.91B $-1.24B
Net Change in Cash $2.21B $1.50B $1.64B $1.35B $375.54M $-1.67B $1.64B $69.64M $6.83M $-297.92M $184.53M
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 $2.69B - $7.66B -
Cost of Revenue $1.58B - $4.55B -
Operating Expenses $2.39B - $6.87B -
Selling General & Admin $63.12M - $191.06M -
Interest Expense - - $373.34M -
Income Before Tax $293.11M - $790.03M -
Income Tax Expense $2.33M - $-2.13M -
Net Income $282.19M - $844.07M -
Basic EPS 0.42 - 1.28 -
Diluted EPS 0.41 - 1.26 -
Basic Shares Outstanding $672.41M - $657.57M -
Diluted Shares Outstanding $685.40M - $669.22M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $6.81B $3.51B
Total Assets $59.50B $51.04B
Total Liabilities $20.19B $18.47B
Common Stock $684.23M $637.00M
Retained Earnings $10.94B $10.10B
Treasury Stock $14.34M $114.18M
Total Stockholders Equity $38.76B $31.96B
Total Liabilities & Equity $59.50B $51.04B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $282.19M - $844.07M -
Depreciation & Amortization $509.81M - $1.49B -
Stock-based Compensation - - $48.35M -
Operating Cash Flow - - $2.23B -
Investing Cash Flow - - $-5.06B -
Stock Issued - - $6.84B -
Dividends Paid - - $1.37B -
Financing Cash Flow - - $5.97B -
Net Change in Cash - - $3.23B -

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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