$25.20B
Revenue
$2.71B
Net Income
40.44%
Gross Margin
17.09%
Op. Margin
$4.38B
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 | $25.20B | $25.20B | $22.06B | $20.43B | $19.70B | $17.93B | $15.22B | $15.46B | $14.91B | $14.48B | $13.61B |
| Revenue Growth % | 0.0% | 14.2% | 8.0% | 3.7% | 9.9% | 17.8% | -1.5% | 3.6% | 3.0% | 6.4% | nan% |
| Cost of Revenue | $15.01B | $15.01B | $13.38B | $12.61B | $12.29B | $11.11B | $9.34B | $9.50B | $9.25B | $9.02B | $8.49B |
| Gross Profit | $10.19B | $10.19B | $8.68B | $7.82B | $7.40B | $6.82B | $5.88B | $5.96B | $5.67B | $5.46B | $5.12B |
| Gross Margin % | 40.4% | 40.4% | 39.3% | 38.3% | 37.6% | 38.0% | 38.6% | 38.6% | 38.0% | 37.7% | 37.6% |
| Operating Expenses | $20.90B | $20.90B | $18.00B | $16.85B | $16.33B | $14.97B | $12.78B | $12.75B | $12.12B | $11.85B | $11.31B |
| Selling General & Admin | $2.72B | $2.72B | $2.26B | $1.93B | $1.94B | $1.86B | $1.73B | $1.63B | $1.45B | $1.47B | $1.41B |
| Operating Income | $4.31B | $4.31B | $4.06B | $3.58B | $3.37B | $2.96B | $2.43B | $2.71B | $2.79B | $2.64B | $2.30B |
| Operating Margin % | 17.1% | 17.1% | 18.4% | 17.5% | 17.1% | 16.5% | 16.0% | 17.5% | 18.7% | 18.2% | 16.9% |
| Interest Expense | - | $927.00M | $530.00M | $447.00M | - | - | - | - | - | - | - |
| Other Income/Expense | $20.00M | $20.00M | $-11.00M | $6.00M | $-2.00M | $5.00M | $5.00M | $-50.00M | $2.00M | $-8.00M | $-50.00M |
| Income Before Tax | $3.43B | $3.43B | $3.46B | $3.02B | $2.92B | $2.35B | $1.89B | $2.10B | $2.38B | $2.19B | $1.82B |
| Income Tax Expense | $717.00M | $717.00M | $713.00M | $745.00M | $678.00M | $532.00M | $397.00M | $434.00M | $453.00M | $242.00M | $642.00M |
| Net Income | $2.71B | $2.71B | $2.75B | $2.30B | $2.24B | $1.82B | $1.50B | $1.67B | $1.93B | $1.95B | $1.18B |
| Net Margin % | 10.7% | 10.7% | 12.4% | 11.3% | 11.4% | 10.1% | 9.8% | 10.8% | 12.9% | 13.5% | 8.7% |
| Basic EPS | 6.72 | 6.72 | 6.84 | 5.69 | 5.42 | 4.32 | 3.54 | 3.93 | 4.49 | 4.44 | 2.66 |
| Diluted EPS | 6.70 | 6.70 | 6.81 | 5.66 | 5.39 | 4.29 | 3.52 | 3.91 | 4.45 | 4.41 | 2.65 |
| Basic Shares Outstanding | - | 402.7M | 401.5M | 404.9M | - | - | - | - | - | - | - |
| Diluted Shares Outstanding | - | 404.2M | 403.4M | 406.9M | - | - | - | - | - | - | - |
| 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 | $201.00M | $414.00M | $458.00M | $351.00M | $118.00M | $553.00M | $3.56B | $61.00M | $22.00M | $32.00M |
| Accounts Receivable | $3.44B | $3.27B | $2.63B | $2.46B | $2.28B | $2.10B | $1.95B | $1.93B | $1.80B | $1.70B |
| Other Current Assets | $429.00M | $467.00M | $303.00M | $284.00M | $270.00M | $239.00M | $223.00M | $207.00M | $132.00M | $122.00M |
| Total Current Assets | $4.91B | $4.77B | $3.80B | $3.55B | $3.07B | $3.54B | $6.21B | $2.65B | $2.62B | $2.38B |
| Property Plant & Equipment | - | - | - | - | - | - | $12.89B | $11.94B | $11.56B | $10.95B |
| Goodwill | $13.88B | $13.44B | $9.25B | $9.32B | $9.03B | $8.99B | $6.53B | $6.43B | $6.25B | $6.21B |
| Intangible Assets | $3.77B | $4.19B | $759.00M | $827.00M | $898.00M | $1.02B | $521.00M | $572.00M | $547.00M | $591.00M |
| Other Non-current Assets | $1.61B | $1.57B | $1.01B | $1.02B | $903.00M | $866.00M | $792.00M | $359.00M | $264.00M | $407.00M |
| Total Assets | $45.84B | $44.57B | $32.82B | $31.37B | $29.10B | $29.34B | $27.74B | $22.65B | $21.83B | $20.86B |
| Accounts Payable | $1.87B | $2.05B | $1.71B | $1.77B | $1.38B | $1.12B | $1.06B | $1.04B | $1.04B | $799.00M |
| Short-term Debt | $711.00M | $1.36B | $334.00M | $414.00M | $708.00M | $551.00M | $218.00M | $432.00M | $739.00M | $417.00M |
| Accrued Liabilities | $2.21B | $2.18B | $1.60B | $1.62B | $1.43B | $1.34B | $1.33B | $1.12B | $980.00M | $1.08B |
| Deferred Revenue | $735.00M | $673.00M | $578.00M | $589.00M | $571.00M | $539.00M | $534.00M | $522.00M | $503.00M | $493.00M |
| Total Current Liabilities | $5.52B | $6.26B | $4.23B | $4.39B | $4.08B | $3.55B | $3.14B | $3.11B | $3.26B | $2.79B |
| Long-term Debt | $22.20B | $22.54B | $15.89B | $14.57B | $12.70B | $13.26B | $13.28B | $9.59B | $8.75B | $8.89B |
| Deferred Tax Liabilities | $3.16B | $2.81B | $1.83B | $1.73B | $1.69B | $1.81B | $1.41B | $1.29B | - | - |
| Other Non-current Liabilities | $1.69B | $1.65B | $1.09B | $1.11B | $1.12B | $1.05B | $912.00M | $553.00M | $755.00M | $695.00M |
| Total Liabilities | $35.84B | $36.31B | $25.93B | $24.50B | $21.97B | $21.89B | $20.67B | $16.37B | $15.79B | $15.54B |
| Common Stock | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M |
| Retained Earnings | $17.23B | $15.86B | $14.33B | $13.17B | $12.00B | $11.16B | $10.59B | $9.80B | $8.59B | $7.39B |
| Treasury Stock | - | - | - | - | - | - | - | - | - | $6.87B |
| Total Stockholders Equity | $9.99B | $8.25B | $6.90B | $6.85B | $7.12B | $7.45B | $7.07B | $6.28B | $6.02B | $5.30B |
| Total Liabilities & Equity | $45.84B | $44.57B | $32.82B | $31.37B | $29.10B | $29.34B | $27.74B | $22.65B | $21.83B | $20.86B |
| 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 | $3.35B | $2.71B | $2.75B | $2.30B | $2.24B | $1.82B | $1.50B | $1.67B | $1.93B | $1.95B | $1.18B |
| Depreciation & Amortization | $2.86B | $2.86B | $2.27B | $2.07B | $2.04B | $2.00B | $1.67B | $1.57B | $1.48B | $1.38B | $1.30B |
| Stock-based Compensation | $312.00M | $169.00M | $118.00M | $93.00M | $84.00M | $108.00M | $94.00M | $86.00M | $89.00M | $101.00M | $90.00M |
| Deferred Income Tax | $501.00M | $363.00M | $124.00M | $83.00M | $49.00M | $-77.00M | $165.00M | $100.00M | $25.00M | $-251.00M | $73.00M |
| Operating Cash Flow | $10.00B | $6.04B | $5.39B | $4.72B | $4.54B | $4.34B | $3.40B | $3.87B | $3.57B | $3.18B | $3.01B |
| Capital Expenditure | $5.62B | $3.23B | $3.23B | $2.90B | $2.59B | $1.90B | $1.63B | $1.82B | $1.69B | $1.51B | $1.34B |
| Acquisitions | $764.00M | $395.00M | $7.49B | $170.00M | $377.00M | $75.00M | $4.08B | $521.00M | $460.00M | $200.00M | $611.00M |
| Investing Cash Flow | $-6.31B | $-3.57B | $-10.60B | $-3.09B | $-3.06B | $-1.89B | $-4.85B | $-2.38B | $-2.17B | $-1.38B | $-1.93B |
| Stock Repurchased | - | - | $262.00M | $1.30B | $1.50B | $1.35B | $402.00M | $248.00M | $1.00B | $750.00M | $725.00M |
| Dividends Paid | $2.34B | $1.33B | $1.21B | $1.14B | $1.08B | $970.00M | $927.00M | $876.00M | $802.00M | $750.00M | $726.00M |
| Financing Cash Flow | $-3.99B | $-2.67B | $5.16B | $-1.52B | $-1.22B | $-2.90B | $-1.56B | $1.96B | $-1.51B | $-1.81B | $-1.08B |
| Net Change in Cash | $-281.00M | $-190.00M | $-65.00M | $107.00M | $251.00M | $-454.00M | $-3.00B | $3.46B | $-110.00M | $199.00M | $-10.00M |
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 | $6.44B | $5.61B | $18.89B | $16.17B |
| Cost of Revenue | $3.83B | $3.40B | $11.32B | $9.83B |
| Operating Expenses | $5.45B | $4.49B | $15.74B | $13.03B |
| Selling General & Admin | $665.00M | $525.00M | $2.05B | $1.52B |
| Operating Income | $989.00M | $1.12B | $3.15B | $3.14B |
| Other Income/Expense | $7.00M | $6.00M | $16.00M | $7.00M |
| Income Before Tax | $775.00M | $995.00M | $2.49B | $2.76B |
| Income Tax Expense | $172.00M | $235.00M | $524.00M | $611.00M |
| Net Income | $603.00M | $760.00M | $1.97B | $2.15B |
| Basic EPS | 1.50 | 1.89 | 4.88 | 5.35 |
| Diluted EPS | 1.49 | 1.88 | 4.87 | 5.33 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $175.00M | $414.00M |
| Accounts Receivable | $3.40B | $3.27B |
| Other Current Assets | $424.00M | $467.00M |
| Total Current Assets | $4.84B | $4.77B |
| Goodwill | $13.89B | $13.44B |
| Intangible Assets | $3.87B | $4.19B |
| Other Non-current Assets | $1.60B | $1.57B |
| Total Assets | $45.61B | $44.57B |
| Accounts Payable | $2.08B | $2.05B |
| Short-term Debt | $880.00M | $1.36B |
| Accrued Liabilities | $2.08B | $2.18B |
| Deferred Revenue | $698.00M | $673.00M |
| Total Current Liabilities | $5.74B | $6.26B |
| Long-term Debt | $22.48B | $22.54B |
| Deferred Tax Liabilities | $3.02B | $2.81B |
| Other Non-current Liabilities | $1.71B | $1.65B |
| Total Liabilities | $36.09B | $36.31B |
| Common Stock | $6.00M | $6.00M |
| Retained Earnings | $16.82B | $15.86B |
| Total Stockholders Equity | $9.52B | $8.25B |
| Total Liabilities & Equity | $45.61B | $44.57B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $603.00M | $760.00M | $1.97B | $2.15B |
| Depreciation & Amortization | $729.00M | $558.00M | $2.09B | $1.61B |
| Stock-based Compensation | - | - | $135.00M | $84.00M |
| Deferred Income Tax | - | - | $241.00M | $65.00M |
| Operating Cash Flow | - | - | $4.34B | $3.88B |
| Capital Expenditure | - | - | $2.34B | $2.12B |
| Acquisitions | - | - | $395.00M | $782.00M |
| Investing Cash Flow | - | - | $-2.70B | $-2.84B |
| Stock Repurchased | - | - | - | $262.00M |
| Dividends Paid | - | - | $1.00B | $909.00M |
| Financing Cash Flow | - | - | $-1.83B | $-903.00M |
| Net Change in Cash | - | - | $-179.00M | $135.00M |
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.