$25.20B
Revenue
$2.71B
Net Income
40.44%
Gross Margin
17.09%
Op. Margin
$4.38B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $6.31B | $6.44B | $6.43B | $6.02B | $5.89B | $5.61B | $5.40B | $5.16B | $5.22B | $5.20B | $5.12B | $4.89B | $4.93B | $5.08B |
| Revenue Growth % (YoY) | 7.1% | 14.9% | 19.0% | 16.7% | 13.0% | 7.9% | 5.5% | 5.5% | 5.7% | 2.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $3.69B | $3.83B | $3.84B | $3.65B | $3.55B | $3.40B | $3.29B | $3.14B | $3.15B | $3.19B | $3.19B | $3.09B | $3.09B | $3.16B |
| Gross Profit | $2.62B | $2.61B | $2.59B | $2.37B | $2.34B | $2.21B | $2.11B | $2.02B | $2.07B | $2.01B | $1.93B | $1.81B | $1.84B | $1.92B |
| Gross Margin % | 41.5% | 40.5% | 40.3% | 39.4% | 39.7% | 39.4% | 39.1% | 39.1% | 39.7% | 38.7% | 37.8% | 36.9% | 37.3% | 37.8% |
| Operating Expenses | $5.16B | $5.45B | $5.28B | $5.00B | $4.97B | $4.49B | $4.39B | $4.14B | $4.43B | $4.18B | $4.17B | $4.07B | $4.17B | $4.13B |
| Selling General & Admin | $674.00M | $665.00M | $696.00M | $687.00M | $747.00M | $525.00M | $501.00M | $491.00M | $513.00M | $470.00M | $467.00M | $476.00M | $487.00M | $473.00M |
| Operating Income | $1.16B | $989.00M | $1.15B | $1.01B | $919.00M | $1.12B | $1.01B | $1.02B | $785.00M | $1.02B | $944.00M | $825.00M | $765.00M | $942.00M |
| Operating Margin % | 18.3% | 15.3% | 17.9% | 16.8% | 15.6% | 20.0% | 18.7% | 19.7% | 15.0% | 19.6% | 18.4% | 16.9% | 15.5% | 18.6% |
| Other Income/Expense | $4.00M | $7.00M | $7.00M | $2.00M | $-18.00M | $6.00M | $-1.00M | $2.00M | $6.00M | $-4.00M | $2.00M | $2.00M | $5.00M | $-6.00M |
| Income Before Tax | $935.00M | $775.00M | $928.00M | $788.00M | $700.00M | $995.00M | $894.00M | $869.00M | $644.00M | $872.00M | $809.00M | $696.00M | $643.00M | $828.00M |
| Income Tax Expense | $193.00M | $172.00M | $201.00M | $151.00M | $102.00M | $235.00M | $214.00M | $162.00M | $175.00M | $210.00M | $196.00M | $164.00M | $143.00M | $189.00M |
| Net Income | $742.00M | $603.00M | $726.00M | $637.00M | $598.00M | $760.00M | $680.00M | $708.00M | $493.00M | $663.00M | $615.00M | $533.00M | $499.00M | $639.00M |
| Net Margin % | 11.8% | 9.4% | 11.3% | 10.6% | 10.1% | 13.5% | 12.6% | 13.7% | 9.4% | 12.8% | 12.0% | 10.9% | 10.1% | 12.6% |
| Basic EPS | 1.84 | 1.50 | 1.80 | 1.58 | 1.49 | 1.89 | 1.70 | 1.76 | 1.23 | 1.64 | 1.52 | 1.31 | 1.22 | 1.55 |
| Diluted EPS | 1.83 | 1.49 | 1.80 | 1.58 | 1.48 | 1.88 | 1.69 | 1.75 | 1.22 | 1.63 | 1.51 | 1.30 | 1.21 | 1.54 |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $201.00M | $175.00M | $440.00M | $216.00M | $414.00M | $614.00M | $172.00M | $322.00M | $458.00M | $150.00M | $144.00M | $257.00M | $351.00M | $137.00M |
| Accounts Receivable | $3.44B | $3.40B | $3.41B | $3.26B | $3.27B | $2.84B | $2.73B | $2.53B | $2.63B | $2.65B | $2.58B | $2.42B | $2.46B | $2.45B |
| Other Current Assets | $429.00M | $424.00M | $389.00M | $433.00M | $467.00M | $336.00M | $1.10B | $333.00M | $303.00M | $320.00M | $320.00M | $336.00M | $284.00M | $292.00M |
| Total Current Assets | $4.91B | $4.84B | $4.98B | $4.46B | $4.77B | $4.26B | $4.44B | $3.53B | $3.80B | $3.56B | $3.48B | $3.37B | $3.55B | $3.26B |
| Goodwill | $13.88B | $13.89B | $13.89B | $13.53B | $13.44B | $9.82B | $9.36B | $9.25B | $9.25B | $9.40B | $9.40B | $9.34B | $9.32B | $9.09B |
| Intangible Assets | $3.77B | $3.87B | $3.96B | $4.01B | $4.19B | $742.00M | $753.00M | $728.00M | $759.00M | $779.00M | $809.00M | $823.00M | $827.00M | $847.00M |
| Other Non-current Assets | $1.61B | $1.60B | $1.56B | $1.56B | $1.57B | $995.00M | $1.01B | $1.01B | $1.01B | $1.00B | $986.00M | $1.00B | $1.02B | $929.00M |
| Total Assets | $45.84B | $45.61B | $45.72B | $44.49B | $44.57B | $34.73B | $34.00B | $32.67B | $32.82B | $31.93B | $31.61B | $31.29B | $31.37B | $29.84B |
| Accounts Payable | $1.87B | $2.08B | $2.02B | $1.90B | $2.05B | $1.85B | $1.78B | $1.62B | $1.71B | $1.74B | $1.63B | $1.51B | $1.77B | $1.49B |
| Short-term Debt | $711.00M | $880.00M | $964.00M | $954.00M | $1.36B | $676.00M | $242.00M | $336.00M | $334.00M | $297.00M | $513.00M | $336.00M | $414.00M | $258.00M |
| Accrued Liabilities | $2.21B | $2.08B | $2.14B | $1.81B | $2.18B | $1.65B | $1.52B | $1.41B | $1.60B | $1.60B | $1.54B | $1.43B | $1.62B | $1.50B |
| Deferred Revenue | $735.00M | $698.00M | $689.00M | $685.00M | $673.00M | $599.00M | $584.00M | $586.00M | $578.00M | $587.00M | $568.00M | $584.00M | $589.00M | $591.00M |
| Total Current Liabilities | $5.52B | $5.74B | $5.82B | $5.35B | $6.26B | $4.78B | $4.14B | $3.95B | $4.23B | $4.22B | $4.25B | $3.86B | $4.39B | $3.83B |
| Long-term Debt | $22.20B | $22.48B | $23.06B | $22.88B | $22.54B | $15.98B | $16.50B | $15.76B | $15.89B | $15.13B | $14.86B | $15.03B | $14.57B | $13.80B |
| Deferred Tax Liabilities | $3.16B | $3.02B | $2.87B | $2.84B | $2.81B | $1.88B | $1.83B | $1.88B | $1.83B | $1.81B | $1.78B | $1.78B | $1.73B | $1.63B |
| Other Non-current Liabilities | $1.69B | $1.71B | $1.70B | $1.68B | $1.65B | $1.15B | $1.15B | $1.08B | $1.09B | $1.08B | $1.07B | $1.08B | $1.11B | $1.12B |
| Total Liabilities | $35.84B | $36.09B | $36.52B | $35.84B | $36.31B | $26.76B | $26.55B | $25.59B | $25.93B | $24.97B | $24.69B | $24.48B | $24.50B | $22.83B |
| Common Stock | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M | $6.00M |
| Retained Earnings | $17.23B | $16.82B | $16.55B | $16.16B | $15.86B | $15.56B | $15.10B | $14.74B | $14.33B | $14.12B | $13.74B | $13.41B | $13.17B | $12.93B |
| Total Stockholders Equity | $9.99B | $9.52B | $9.20B | $8.65B | $8.25B | $7.98B | $7.46B | $7.08B | $6.90B | $6.95B | $6.91B | $6.79B | $6.85B | $7.01B |
| Total Liabilities & Equity | $45.84B | $45.61B | $45.72B | $44.49B | $44.57B | $34.73B | $34.00B | $32.67B | $32.82B | $31.93B | $31.61B | $31.29B | $31.37B | $29.84B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $742.00M | $603.00M | $1.36B | $637.00M | $598.00M | $760.00M | $680.00M | $708.00M | $493.00M | $1.81B | $1.15B | $533.00M | $499.00M | $1.74B |
| Depreciation & Amortization | $770.00M | $729.00M | $708.00M | $656.00M | $652.00M | $558.00M | $543.00M | $514.00M | $526.00M | $519.00M | $1.03B | $505.00M | $545.00M | $1.49B |
| Stock-based Compensation | $34.00M | $135.00M | $92.00M | $51.00M | $34.00M | $84.00M | $57.00M | $30.00M | $22.00M | $71.00M | $47.00M | $26.00M | $13.00M | $71.00M |
| Deferred Income Tax | $122.00M | $241.00M | $79.00M | $59.00M | $59.00M | $65.00M | $14.00M | $57.00M | $14.00M | $69.00M | $31.00M | $42.00M | $102.00M | $-53.00M |
| Operating Cash Flow | $1.70B | $4.34B | $2.75B | $1.21B | $1.51B | $3.88B | $2.52B | $1.37B | $1.38B | $3.34B | $2.07B | $1.04B | $1.05B | $3.49B |
| Capital Expenditure | $888.00M | $2.34B | $1.56B | $831.00M | $1.11B | $2.12B | $1.33B | $668.00M | $1.04B | $1.85B | $1.18B | $660.00M | $862.00M | $1.73B |
| Acquisitions | - | $395.00M | $366.00M | $3.00M | $6.71B | $782.00M | $243.00M | $11.00M | $31.00M | $139.00M | $118.00M | $34.00M | $170.00M | $207.00M |
| Investing Cash Flow | $-867.00M | $-2.70B | $-1.92B | $-829.00M | $-7.76B | $-2.84B | $-2.36B | $-755.00M | $-1.08B | $-2.01B | $-1.34B | $-778.00M | $-1.03B | $-2.04B |
| Stock Repurchased | - | - | - | - | - | $262.00M | $262.00M | $250.00M | $312.00M | $990.00M | $620.00M | $350.00M | $439.00M | $1.06B |
| Dividends Paid | $333.00M | $1.00B | $669.00M | $336.00M | $301.00M | $909.00M | $608.00M | $307.00M | $281.00M | $855.00M | $572.00M | $289.00M | $266.00M | $811.00M |
| Financing Cash Flow | $-843.00M | $-1.83B | $-781.00M | $-536.00M | $6.06B | $-903.00M | $-464.00M | $-737.00M | $1.00M | $-1.52B | $-919.00M | $-319.00M | $175.00M | $-1.39B |
| Net Change in Cash | $-11.00M | $-179.00M | $65.00M | $-156.00M | $-200.00M | $135.00M | $-306.00M | $-127.00M | $302.00M | $-195.00M | $-182.00M | $-53.00M | $197.00M | $54.00M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.