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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 15 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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
+ Total Revenue $10.84B $10.84B $7.99B $6.64B $5.86B $4.74B $4.61B $5.12B $4.70B $4.32B $4.28B $3.86B $3.34B $2.88B $1.82B $1.33B
Revenue Growth % 0.0% 35.6% 20.4% 13.3% 23.6% 3.0% -10.1% 9.0% 8.9% 0.8% 10.9% 15.4% 16.1% 58.1% 37.0% 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% nan% nan% nan% nan% 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 $3.22B $2.96B $2.78B $1.64B $1.22B
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 $147.42M $142.94M $108.32M $97.34M $77.20M
Interest Expense $960.63M $579.59M $593.03M $607.85M $529.52M $489.85M $514.39M $555.56M $526.59M $484.62M $521.35M $492.17M $481.04M $458.36M $367.08M $297.37M
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 $636.12M $384.21M $102.25M $185.65M $112.61M
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 $6.45M $-1.27M $-7.49M $7.61M $1.39M
+ Net Income $961.84M $961.84M $972.86M $358.14M $160.57M $374.48M $1.04B $1.33B $829.75M $540.61M $1.08B $888.55M $512.30M $138.28M $294.84M $212.72M
Net Margin % 8.9% 8.9% 12.2% 5.4% 2.7% 7.9% 22.6% 26.0% 17.7% 12.5% 25.3% 23.0% 15.3% 4.8% 16.2% 16.0%
Basic EPS 1.41 1.41 1.58 0.66 0.31 0.79 2.36 3.07 2.03 1.26 2.83 2.35 1.46 0.28 0.99 0.90
Diluted EPS 1.39 1.39 1.57 0.66 0.30 0.78 2.33 3.05 2.02 1.26 2.81 2.34 1.45 0.28 0.98 0.90
Basic Shares Outstanding - 665.6M 603.0M 515.6M 462.2M 425.0M 415.5M 401.8M 373.6M 367.2M 358.3M 348.2M 306.3M 276.9M 224.3M 173.7M
Diluted Shares Outstanding - 679.5M 608.8M 518.7M 465.2M 426.8M 417.4M 403.8M 375.2M 369.0M 360.2M 349.4M 307.7M 278.8M 226.0M 174.4M
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 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
Cash & Cash Equivalents $5.03B $3.51B $1.99B $631.68M $269.26M $1.55B $284.92M $215.38M $243.78M $419.38M $360.91M $473.73M $158.78M $1.03B $163.48M
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 $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 $29.02B $25.01B $23.08B $19.55B $14.92B
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 $13.66B $11.45B $11.29B $8.99B $7.61B
Common Stock $696.62M $637.00M $565.89M $491.92M $448.61M $418.69M $411.00M $384.46M $372.45M $363.07M $354.81M $328.83M $289.46M $260.40M $192.30M
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 $44.37M $35.24M $21.26M $17.88M $13.54M
Total Stockholders Equity $42.13B $31.96B $25.40B $20.29B $17.64B $15.97B $15.54B $14.63B $14.42B $14.81B $14.59B $13.18B $11.41B $10.29B $7.12B
Total Liabilities & Equity $67.30B $51.04B $44.01B $37.89B $34.91B $32.48B $33.38B $30.34B $27.94B $28.87B $29.02B $25.01B $23.08B $19.55B $14.92B
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 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
Net Income $961.84M $961.84M $972.86M $358.14M $160.57M $374.48M $1.04B $1.33B $829.75M $540.61M $1.08B $888.55M $512.30M $138.28M $294.84M $212.72M
Depreciation & Amortization $2.57B $2.08B $1.63B $1.40B $1.31B $1.04B $1.04B $1.03B $950.46M $921.72M $901.24M $826.24M $844.13M $873.96M $533.59M $423.61M
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 $30.84M $32.08M $20.18M $18.52M $10.79M
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 $1.37B $1.14B $988.50M $818.13M $588.22M
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 $-3.48B $-2.13B $-3.53B $-3.59B $-4.52B
Stock Issued - - - - - $2.35B $595.31M $1.06B $789.58M $621.99M $534.19M $1.76B $2.34B $1.85B $3.58B $2.14B
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 $2.01B $1.30B $1.67B $3.65B $3.96B
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 $-112.82M $314.95M $-874.98M $870.28M $31.91M
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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