$3.76B
Revenue
$526.71M
Net Income
52.75%
Gross Margin
19.30%
Op. Margin
$1.10B
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 | $3.76B | $3.76B | $3.39B | $3.07B | $2.70B | $2.42B | $2.16B | $2.02B | $1.82B | $1.67B | $1.57B |
| Revenue Growth % | 0.0% | 11.0% | 10.3% | 14.0% | 11.2% | 12.2% | 7.2% | 10.6% | 8.8% | 6.4% | nan% |
| Cost of Revenue | $1.78B | $1.78B | $1.60B | $1.47B | $1.31B | $1.16B | $1.05B | $993.59M | $894.44M | $819.94M | $772.35M |
| Gross Profit | $1.98B | $1.98B | $1.79B | $1.60B | $1.39B | $1.26B | $1.11B | $1.02B | $927.13M | $854.01M | $801.13M |
| Gross Margin % | 52.8% | 52.8% | 52.7% | 52.2% | 51.5% | 52.0% | 51.5% | 50.7% | 50.9% | 51.0% | 50.9% |
| Operating Expenses | $3.03B | $3.03B | $2.73B | $2.49B | $2.20B | $1.98B | $1.79B | $1.70B | - | - | - |
| Selling General & Admin | $1.13B | $1.13B | $1.02B | $915.23M | $802.71M | $727.49M | $656.21M | $623.38M | $550.70M | $503.43M | $490.53M |
| Operating Income | $726.07M | $726.07M | $657.22M | $583.23M | $493.39M | $439.99M | $368.09M | $317.39M | - | - | - |
| Operating Margin % | 19.3% | 19.3% | 19.4% | 19.0% | 18.3% | 18.1% | 17.0% | 15.7% | nan% | nan% | nan% |
| Interest Expense | $29.50M | $20.18M | $32.56M | $19.24M | $4.16M | $1.31M | $5.06M | $6.45M | $25.00K | - | $13.00K |
| Other Income/Expense | $3.42M | $3.42M | $683.00K | $22.09M | $8.17M | $35.68M | $-8.29M | $-49.32M | - | - | - |
| Income Before Tax | $700.93M | $700.93M | $630.23M | $586.26M | $498.92M | $474.84M | $354.72M | $261.16M | $310.73M | $294.50M | $260.64M |
| Income Tax Expense | $174.22M | $174.22M | $163.85M | $151.30M | $130.32M | $124.15M | $93.90M | $57.81M | $79.07M | $115.38M | $93.27M |
| Net Income | $526.71M | $526.71M | $466.38M | $434.96M | $368.60M | $350.69M | $260.82M | $203.35M | $231.66M | $179.12M | $167.37M |
| Net Margin % | 14.0% | 14.0% | 13.8% | 14.2% | 13.7% | 14.5% | 12.1% | 10.1% | 12.7% | 10.7% | 10.6% |
| Basic EPS | nan | 1.09 | 0.96 | 0.89 | 0.75 | 0.71 | 0.53 | 0.41 | 0.71 | 0.82 | 0.77 |
| Diluted EPS | nan | 1.09 | 0.96 | 0.89 | 0.75 | 0.71 | 0.53 | 0.41 | 0.71 | 0.82 | 0.77 |
| Basic Shares Outstanding | - | 484.1M | 484.2M | 489.9M | 492.3M | 492.1M | 491.6M | 491.2M | 327.3M | 218.0M | 218.2M |
| Diluted Shares Outstanding | - | 484.1M | 484.3M | 490.1M | 492.4M | 492.1M | 491.6M | 491.2M | 327.3M | 218.0M | 218.2M |
| 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 | $100.00M | $89.63M | $103.83M | $95.35M | $105.30M | $98.48M | $94.28M | $115.48M | $107.05M | $142.78M |
| Accounts Receivable | $202.52M | $196.08M | $178.21M | $155.76M | $139.58M | $126.34M | $122.77M | $104.02M | $97.80M | $88.49M |
| Inventory | $42.98M | $39.53M | $33.38M | $29.75M | $28.93M | $30.84M | $19.48M | $15.79M | $14.98M | $13.72M |
| Other Current Assets | $82.45M | $77.08M | $54.19M | $34.15M | $52.42M | $35.40M | $51.00M | $32.28M | $25.70M | $29.20M |
| Total Current Assets | $472.68M | $442.62M | $406.64M | $348.62M | $352.38M | $314.78M | $309.79M | $286.02M | $262.80M | $290.17M |
| Property Plant & Equipment | $126.19M | $124.84M | $126.66M | $128.05M | $133.26M | $178.05M | $195.53M | $136.88M | $134.09M | $133.48M |
| Goodwill | $1.37B | $1.16B | $1.07B | $846.70M | $721.82M | $653.18M | $572.85M | $368.48M | $346.51M | $255.66M |
| Other Non-current Assets | $50.02M | $45.15M | $46.82M | $39.03M | $34.95M | $30.60M | - | $19.06M | $19.42M | $16.82M |
| Total Assets | $3.14B | $2.82B | $2.60B | $2.12B | $1.98B | $1.85B | $1.74B | $1.09B | $1.03B | $916.54M |
| Accounts Payable | $44.36M | $49.62M | $49.20M | $42.80M | $44.57M | $64.60M | $35.23M | $27.17M | $26.16M | $30.28M |
| Short-term Debt | $123.68M | - | - | - | - | - | - | - | - | - |
| Deferred Revenue | $187.67M | $180.85M | $172.38M | $158.09M | $145.12M | $131.25M | $122.83M | $116.00M | $109.03M | $99.82M |
| Other Current Liabilities | $120.02M | $115.66M | $101.74M | $54.57M | $73.21M | $63.54M | $60.98M | $50.41M | $58.34M | $44.85M |
| Total Current Liabilities | $785.52M | $645.16M | $576.69M | $493.78M | $491.16M | $472.51M | $410.04M | $299.03M | $294.57M | $276.99M |
| Long-term Debt | $486.15M | $395.31M | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | $37.00M | $15.65M | - | - | $13.26M | $10.61M | $9.93M | - | - | - |
| Total Liabilities | $1.77B | $1.49B | $1.44B | $854.83M | $898.82M | $904.54M | $928.63M | $382.22M | $379.74M | $347.99M |
| Common Stock | $481.19M | $484.37M | $484.08M | $492.45M | $491.91M | $491.61M | $327.43M | $327.31M | $217.99M | $217.79M |
| Retained Earnings | $738.91M | $734.65M | $566.40M | $687.07M | $500.92M | $358.89M | $420.01M | $370.29M | $400.48M | $343.38M |
| Total Stockholders Equity | $1.37B | $1.33B | $1.16B | $1.27B | $1.08B | $941.36M | $815.75M | $711.91M | $653.92M | $568.54M |
| Total Liabilities & Equity | $3.14B | $2.82B | $2.60B | $2.12B | $1.98B | $1.85B | $1.74B | $1.09B | $1.03B | $916.54M |
| 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 | $631.95M | $526.71M | $466.38M | $434.96M | $368.60M | $350.69M | $260.82M | $203.35M | - | - | - |
| Depreciation & Amortization | $214.90M | $124.74M | $113.22M | $99.75M | $91.33M | $94.20M | $88.33M | $81.11M | $66.79M | $56.58M | $50.90M |
| Stock-based Compensation | $68.31M | $39.71M | $29.98M | $24.61M | $21.21M | $14.87M | $20.85M | $14.16M | $13.73M | $12.40M | $12.41M |
| Deferred Income Tax | $44.09M | $19.15M | $-10.34M | $-7.64M | $1.59M | $1.65M | $-1.22M | $-7.23M | $7.63M | $18.64M | $-3.25M |
| Change in Receivables | $88.83M | $36.41M | $49.35M | $45.87M | $34.00M | $22.44M | $12.04M | $20.15M | $12.55M | $13.66M | $15.87M |
| Change in Inventory | $4.93M | $1.72M | $5.87M | $4.28M | $540.00K | $-2.64M | $10.71M | $2.15M | $374.00K | $837.00K | $671.00K |
| Operating Cash Flow | $1.15B | $678.11M | $607.65M | $528.37M | $465.93M | $401.81M | $435.79M | $319.57M | $286.27M | $235.37M | $226.53M |
| Capital Expenditure | $48.72M | $28.09M | $27.57M | $32.47M | $30.63M | $27.19M | $23.23M | $27.15M | $27.18M | $24.68M | $33.08M |
| Acquisitions | $590.29M | $309.52M | $157.47M | $366.85M | $119.19M | $146.10M | $147.61M | $430.56M | $76.77M | $130.19M | $46.31M |
| Investing Cash Flow | $-622.36M | $-326.70M | $-176.23M | $-372.89M | $-134.14M | $-98.97M | $-162.40M | $-455.11M | $-101.38M | $-154.18M | $-76.84M |
| Debt Repayment | - | - | - | $55.00M | $245.00M | $88.00M | $54.00M | $60.00M | - | - | - |
| Stock Repurchased | $246.45M | $216.85M | $11.61M | $315.01M | $7.07M | $10.69M | $8.28M | $10.01M | $9.54M | $8.25M | $31.07M |
| Dividends Paid | $407.83M | $327.90M | $297.99M | $264.35M | $211.62M | $208.66M | $160.49M | $153.84M | $152.74M | $122.02M | $109.00M |
| Financing Cash Flow | $-376.76M | $-343.58M | $-440.71M | $-149.42M | $-336.02M | $-290.16M | $-281.27M | $111.69M | $-162.28M | $-130.26M | $-136.37M |
| Net Change in Cash | $155.33M | $10.37M | $-14.20M | $8.48M | $-9.96M | $6.82M | $4.20M | $-21.21M | $8.44M | $-35.73M | $8.21M |
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 | $1.03B | $916.27M | $2.85B | $2.56B |
| Cost of Revenue | $467.45M | $421.89M | $1.33B | $1.20B |
| Operating Expenses | $801.09M | $724.47M | $2.28B | $2.05B |
| Selling General & Admin | $301.40M | $274.92M | $859.51M | $769.52M |
| Operating Income | $225.02M | $191.80M | $566.00M | $506.60M |
| Interest Expense | $7.94M | $7.15M | $19.53M | $25.69M |
| Other Income/Expense | $350.00K | $582.00K | $1.33M | $933.00K |
| Income Before Tax | $217.43M | $185.23M | $546.22M | $484.88M |
| Income Tax Expense | $53.90M | $48.31M | $135.95M | $124.18M |
| Net Income | $163.53M | $136.91M | $410.26M | $360.70M |
| Basic EPS | 0.34 | 0.28 | 0.85 | 0.74 |
| Diluted EPS | 0.34 | 0.28 | 0.85 | 0.74 |
| Basic Shares Outstanding | $484.63M | $484.32M | $484.56M | $484.23M |
| Diluted Shares Outstanding | $484.67M | $484.36M | $484.60M | $484.27M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $127.36M | $89.63M |
| Accounts Receivable | $236.57M | $196.08M |
| Inventory | $43.48M | $39.53M |
| Other Current Assets | $97.10M | $77.08M |
| Total Current Assets | $550.71M | $442.62M |
| Property Plant & Equipment | $128.66M | $124.84M |
| Goodwill | $1.36B | $1.16B |
| Intangible Assets | $598.19M | $541.59M |
| Other Non-current Assets | $55.88M | $45.15M |
| Total Assets | $3.22B | $2.82B |
| Accounts Payable | $54.96M | $49.62M |
| Short-term Debt | - | - |
| Deferred Revenue | $200.22M | $180.85M |
| Other Current Liabilities | $156.13M | $115.66M |
| Total Current Liabilities | $712.84M | $645.16M |
| Total Liabilities | $1.69B | $1.49B |
| Common Stock | $484.63M | $484.37M |
| Retained Earnings | $905.46M | $734.65M |
| Total Stockholders Equity | $1.53B | $1.33B |
| Total Liabilities & Equity | $3.22B | $2.82B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $163.53M | $136.91M | $410.26M | $360.70M |
| Depreciation & Amortization | - | - | $93.18M | $82.69M |
| Stock-based Compensation | - | - | $29.86M | $22.76M |
| Deferred Income Tax | - | - | $16.32M | - |
| Change in Receivables | - | - | $59.81M | $69.89M |
| Change in Inventory | - | - | $2.40M | $5.21M |
| Operating Cash Flow | - | - | $513.36M | $419.50M |
| Capital Expenditure | - | - | $22.36M | $23.39M |
| Acquisitions | - | - | $288.31M | $105.53M |
| Investing Cash Flow | - | - | $-302.81M | $-123.56M |
| Stock Repurchased | - | - | $18.57M | $11.53M |
| Dividends Paid | $80.10M | $72.80M | $239.45M | $217.96M |
| Financing Cash Flow | - | - | $-175.15M | $-305.51M |
| Net Change in Cash | - | - | $37.73M | $-8.54M |
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.