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$23.09B
Revenue
$4.27B
Net Income
36.88%
Gross Margin
25.41%
Op. Margin
$6.65B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 17 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)
+ Total Revenue $23.09B $23.09B $15.22B $12.55B $12.62B $10.88B
Revenue Growth % 0.0% 51.7% 21.3% -0.5% 16.1% nan%
Cost of Revenue $14.58B $14.58B $10.08B $8.47B $8.59B $7.47B
+ Gross Profit $8.52B $8.52B $5.14B $4.08B $4.03B $3.40B
Gross Margin % 36.9% 36.9% 33.8% 32.5% 31.9% 31.3%
Research & Development - $647.00M $453.00M $342.20M - -
Selling General & Admin $2.55B $2.55B $1.86B $1.49B $1.42B $1.23B
+ Operating Income $5.87B $5.87B $3.16B $2.56B $2.59B $2.11B
Operating Margin % 25.4% 25.4% 20.7% 20.4% 20.5% 19.4%
Interest Expense $479.10M $288.10M $179.50M $139.50M $128.40M $115.50M
Other Income/Expense $99.90M $99.90M $72.00M $29.30M $10.00M $-400.00K
Income Before Tax $5.60B $5.60B $3.01B $2.45B $2.47B $1.99B
Income Tax Expense $1.30B $1.30B $570.30M $509.30M $550.60M $409.10M
+ Net Income $4.27B $4.27B $2.42B $1.93B $1.90B $1.59B
Net Margin % 18.5% 18.5% 15.9% 15.4% 15.1% 14.6%
Basic EPS 3.51 3.51 2.01 1.62 3.19 2.66
Diluted EPS 3.34 3.34 1.92 1.55 3.06 2.54
Basic Shares Outstanding - 1.22B 1.20B 1.19B 596.2M 597.9M
Diluted Shares Outstanding - 1.28B 1.26B 1.24B 621.0M 625.5M
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)
Cash & Cash Equivalents $11.13B $3.32B $1.48B $1.37B $1.20B
Short-term Investments $303.60M $18.40M $185.20M $61.10M $44.30M
Accounts Receivable $4.72B $3.29B $2.62B $2.63B $2.45B
Inventory $3.42B $2.55B $2.17B $2.09B $1.89B
Other Current Assets $691.00M $517.00M $389.60M $320.00M $367.90M
Total Current Assets $20.27B $9.69B $6.84B $6.48B $5.96B
Property Plant & Equipment $2.31B $1.71B $1.31B $1.20B $1.18B
Goodwill $10.58B $8.24B $7.09B $6.45B $6.38B
Intangible Assets $2.24B $1.23B - - -
Other Non-current Assets $847.30M $581.10M $449.20M $462.60M $411.20M
Total Assets $36.24B $21.44B $16.53B $15.33B $14.68B
Accounts Payable $2.66B $1.82B $1.35B $1.31B $1.31B
Other Current Liabilities $1.65B $934.40M $737.50M $653.20M $556.30M
Total Current Liabilities $6.80B $4.08B $3.15B $2.68B $2.45B
Long-term Debt $14.56B $6.48B $3.98B $4.58B $4.80B
Deferred Tax Liabilities $432.90M $376.70M $367.00M $409.80M $424.20M
Other Non-current Liabilities $788.50M $509.40M $453.70M $443.30M $438.70M
Total Liabilities $22.73B $11.58B $8.10B $8.23B $8.30B
Common Stock $1.20M $1.20M $600.00K $600.00K $600.00K
Retained Earnings $9.85B $7.11B $5.92B $4.98B $4.28B
Total Stockholders Equity $13.41B $9.79B $8.35B $7.02B $6.30B
Total Liabilities & Equity $36.24B $21.44B $16.53B $15.33B $14.68B
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)
Net Income $4.27B $4.27B $2.42B $1.93B $1.90B $1.59B
Depreciation & Amortization $922.40M $922.40M $572.50M $406.40M $392.90M $395.60M
Stock-based Compensation $219.90M $135.40M $109.50M $99.00M $89.50M $83.00M
Deferred Income Tax $-114.90M $-65.60M $-82.80M $-58.80M $-4.70M $-29.60M
Change in Receivables - $964.40M $586.80M $-146.40M $273.10M $398.40M
Change in Inventory - $487.40M $200.10M $-71.40M $278.50M $263.00M
Change in Payables - $554.10M $423.10M $-34.60M $62.50M $131.70M
Operating Cash Flow $8.32B $5.37B $2.81B $2.53B $2.17B $1.54B
Capital Expenditure $1.67B $996.60M $665.40M $372.80M $383.80M $360.40M
Acquisitions $8.47B $3.82B $2.16B $970.40M $288.20M $2.23B
Purchases of Investments $325.00M $309.30M $26.20M $305.70M $309.40M $164.50M
Investing Cash Flow $-10.40B $-5.08B $-2.65B $-1.39B $-731.10M $-1.89B
Stock Repurchased $1.19B $665.20M $689.30M $585.10M $730.50M $661.70M
Dividends Paid $802.20M $802.20M $595.10M $500.60M $477.40M $346.70M
Financing Cash Flow $7.95B $7.42B $1.73B $-1.01B $-1.20B $-145.20M
Net Change in Cash $6.04B $7.81B $1.84B $101.90M $176.00M $-504.90M
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 $6.19B $4.04B $16.66B $10.90B
Cost of Revenue $3.84B $2.68B $10.60B $7.25B
Gross Profit $2.36B $1.36B $6.06B $3.66B
Selling General & Admin $657.00M $492.00M $1.85B $1.34B
Operating Income $1.70B $819.50M $4.15B $2.20B
Interest Expense $80.70M $55.70M $188.80M $112.60M
Other Income/Expense $19.30M $11.20M $44.10M $48.50M
Income Before Tax $1.64B $775.00M $3.95B $2.10B
Income Tax Expense $385.80M $166.10M $851.80M $412.00M
Net Income $1.25B $604.40M $3.07B $1.68B
Basic EPS 1.02 0.50 2.53 1.40
Diluted EPS 0.97 0.48 2.41 1.33
Basic Shares Outstanding $1.22B $1.20B $1.22B $1.20B
Diluted Shares Outstanding $1.28B $1.27B $1.27B $1.26B
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $3.80B $3.32B
Short-term Investments $88.80M $18.40M
Accounts Receivable $4.54B $3.29B
Inventory $3.30B $2.55B
Other Current Assets $651.90M $517.00M
Total Current Assets $12.38B $9.69B
Property Plant & Equipment $2.14B $1.71B
Goodwill $9.87B $8.24B
Other Non-current Assets $766.70M $581.10M
Total Assets $27.14B $21.44B
Accounts Payable $2.46B $1.82B
Other Current Liabilities $1.44B $934.40M
Total Current Liabilities $5.98B $4.08B
Long-term Debt $7.13B $6.48B
Deferred Tax Liabilities $377.60M $376.70M
Other Non-current Liabilities $894.90M $509.40M
Total Liabilities $14.54B $11.58B
Common Stock $1.20M $1.20M
Retained Earnings $9.15B $7.11B
Total Stockholders Equity $12.52B $9.79B
Total Liabilities & Equity $27.14B $21.44B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $1.25B $604.40M $3.07B $1.68B
Depreciation & Amortization $227.70M $201.20M $673.40M $428.70M
Stock-based Compensation - - $94.80M $79.90M
Deferred Income Tax - - $-40.50M $-33.60M
Operating Cash Flow - - $3.65B $1.97B
Capital Expenditure - - $742.90M $465.60M
Acquisitions - - $2.77B $2.10B
Purchases of Investments - - $87.40M $20.70M
Investing Cash Flow - - $-3.58B $-2.40B
Stock Repurchased - - $493.90M $520.40M
Dividends Paid $201.20M $132.40M $600.30M $396.20M
Financing Cash Flow - - $346.00M $515.80M
Net Change in Cash - - $482.30M $88.00M

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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