$2.33B
Revenue
$315.60M
Net Income
46.46%
Gross Margin
15.34%
Op. Margin
$838.00M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $2.33B | $2.33B | $2.14B | $1.95B | $1.85B | $1.59B |
| Revenue Growth % | 0.0% | 9.1% | 9.5% | 5.5% | 16.2% | nan% |
| Cost of Revenue | $1.25B | $1.25B | $1.20B | $1.09B | $1.07B | $882.64M |
| Gross Profit | $1.08B | $1.08B | $935.76M | $861.10M | $783.86M | $709.64M |
| Gross Margin % | 46.5% | 46.5% | 43.8% | 44.1% | 42.4% | 44.6% |
| Selling General & Admin | - | - | - | - | - | $390.58M |
| Operating Income | $357.68M | $357.68M | $299.53M | $218.54M | $214.25M | $180.74M |
| Operating Margin % | 15.3% | 15.3% | 14.0% | 11.2% | 11.6% | 11.4% |
| Interest Expense | $5.35M | $5.00M | $5.93M | $23.63M | $21.26M | $17.73M |
| Other Income/Expense | $37.64M | $37.64M | $14.57M | $3.33M | $1.72M | $1.54M |
| Income Before Tax | $390.32M | $390.32M | $308.17M | $198.24M | $187.59M | $158.98M |
| Income Tax Expense | $74.72M | $74.72M | $45.14M | $32.32M | $23.35M | $-2.48M |
| Net Income | $315.60M | $315.60M | $263.03M | $165.92M | $164.24M | $161.46M |
| Net Margin % | 13.5% | 13.5% | 12.3% | 8.5% | 8.9% | 10.1% |
| Basic EPS | nan | 7.32 | 6.17 | 3.95 | 3.95 | 3.95 |
| Diluted EPS | nan | 7.20 | 6.05 | 3.88 | 3.87 | 3.82 |
| Basic Shares Outstanding | - | 43.1M | 42.6M | 42.0M | - | - |
| Diluted Shares Outstanding | - | 43.8M | 43.5M | 42.8M | - | - |
| 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 | $1.02B | $744.72M | $165.49M | $173.86M | $309.17M |
| Short-term Investments | $81.80M | $23.26M | $10.38M | $37.03M | $52.30M |
| Accounts Receivable | $638.80M | $587.63M | $619.70M | $577.26M | $521.06M |
| Other Current Assets | $9.41M | $8.06M | $10.30M | $8.24M | $8.15M |
| Total Current Assets | $1.84B | $1.44B | $860.59M | $847.24M | $964.33M |
| Property Plant & Equipment | $160.35M | $163.78M | $169.72M | $172.79M | $181.19M |
| Goodwill | $2.59B | $2.53B | $2.53B | $2.49B | $2.36B |
| Intangible Assets | $780.41M | $831.97M | $928.87M | $1.00B | $1.05B |
| Long-term Investments | $60.70M | $10.76M | $7.05M | $18.51M | $46.35M |
| Other Non-current Assets | $93.60M | $86.38M | $63.18M | $49.96M | $45.97M |
| Total Assets | $5.64B | $5.18B | $4.68B | $4.69B | $4.73B |
| Accounts Payable | $174.65M | $156.82M | $146.34M | $104.81M | $119.99M |
| Accrued Liabilities | $190.69M | $197.71M | $158.56M | $131.94M | $158.42M |
| Deferred Revenue | $780.84M | $701.44M | $632.91M | $568.54M | $510.53M |
| Total Current Liabilities | $1.76B | $1.07B | $1.00B | $889.70M | $829.50M |
| Long-term Debt | $599.66M | $597.93M | - | - | - |
| Deferred Tax Liabilities | $95.06M | $47.50M | $78.59M | $148.89M | $228.09M |
| Other Non-current Liabilities | $31.28M | $27.38M | $22.62M | $16.97M | $2.89M |
| Total Liabilities | $1.94B | $1.79B | $1.74B | $2.06B | $2.41B |
| Common Stock | $481.00K | $481.00K | $481.00K | $481.00K | $481.00K |
| Retained Earnings | $2.18B | $1.87B | $1.60B | $1.44B | $1.27B |
| Treasury Stock | - | - | - | - | $25.67M |
| Total Stockholders Equity | $3.70B | $3.39B | $2.94B | $2.62B | $2.32B |
| Total Liabilities & Equity | $5.64B | $5.18B | $4.68B | $4.69B | $4.73B |
| 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 | $315.60M | $315.60M | $263.03M | $165.92M | $164.24M | $161.46M |
| Depreciation & Amortization | $172.98M | $138.36M | $143.44M | $154.08M | $159.07M | $135.62M |
| Stock-based Compensation | $264.90M | $151.28M | $122.81M | $108.34M | $102.98M | $104.73M |
| Deferred Income Tax | $21.69M | $43.85M | $-30.66M | $-73.70M | $-87.19M | $-13.27M |
| Change in Receivables | $159.70M | $61.69M | $-28.80M | $39.88M | $51.41M | $-17.61M |
| Change in Payables | $46.95M | $17.84M | $10.51M | $41.48M | $-17.54M | $-44.95M |
| Operating Cash Flow | $864.17M | $653.54M | $624.63M | $380.44M | $381.45M | $371.75M |
| Capital Expenditure | $26.17M | $16.02M | $20.54M | $20.52M | $22.53M | $33.92M |
| Acquisitions | $119.91M | $83.65M | $1.40M | $62.76M | $163.92M | $2.09B |
| Purchases of Investments | $407.74M | $228.47M | $32.45M | $10.62M | $29.93M | $77.45M |
| Investing Cash Flow | $-427.59M | $-222.49M | $-67.61M | $-76.96M | $-172.53M | $-2.09B |
| Stock Repurchased | - | $174.65M | - | - | - | $12.98M |
| Financing Cash Flow | $-162.17M | $-160.37M | $22.21M | $-311.84M | $-344.24M | $1.42B |
| Net Change in Cash | $274.41M | $270.68M | $579.23M | $-8.36M | $-135.31M | $-294.45M |
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 | $595.88M | $543.34M | $1.76B | $1.60B |
| Cost of Revenue | $314.43M | $305.88M | $935.44M | $897.73M |
| Gross Profit | $281.45M | $237.46M | $821.72M | $698.94M |
| Operating Income | $97.93M | $82.83M | $282.70M | $227.84M |
| Interest Expense | $1.24M | $1.24M | $2.16M | $2.86M |
| Other Income/Expense | $10.86M | $4.50M | $26.40M | $8.23M |
| Income Before Tax | $107.55M | $86.10M | $305.36M | $231.40M |
| Income Tax Expense | $23.16M | $10.20M | $55.28M | $33.59M |
| Net Income | $84.39M | $75.90M | $250.07M | $197.81M |
| Basic EPS | 1.96 | 1.78 | 5.80 | 4.64 |
| Diluted EPS | 1.93 | 1.74 | 5.70 | 4.56 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $834.10M | $744.72M |
| Short-term Investments | $116.72M | $23.26M |
| Accounts Receivable | $661.99M | $587.63M |
| Other Current Assets | $8.16M | $8.06M |
| Total Current Assets | $1.74B | $1.44B |
| Property Plant & Equipment | $160.63M | $163.78M |
| Goodwill | $2.55B | $2.53B |
| Intangible Assets | $779.17M | $831.97M |
| Long-term Investments | $22.44M | $10.76M |
| Other Non-current Assets | $87.64M | $86.38M |
| Total Assets | $5.46B | $5.18B |
| Accounts Payable | $147.86M | $156.82M |
| Accrued Liabilities | $173.09M | $197.71M |
| Deferred Revenue | $761.05M | $701.44M |
| Total Current Liabilities | $1.69B | $1.07B |
| Deferred Tax Liabilities | $75.83M | $47.50M |
| Other Non-current Liabilities | $31.11M | $27.38M |
| Total Liabilities | $1.85B | $1.79B |
| Common Stock | $481.00K | $481.00K |
| Retained Earnings | $2.12B | $1.87B |
| Total Stockholders Equity | $3.60B | $3.39B |
| Total Liabilities & Equity | $5.46B | $5.18B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $84.39M | $75.90M | $250.07M | $197.81M |
| Depreciation & Amortization | $34.99M | $34.53M | $103.93M | $108.77M |
| Stock-based Compensation | - | - | $112.63M | $88.46M |
| Deferred Income Tax | - | - | $26.38M | $-41.50M |
| Change in Receivables | - | - | $72.56M | $7.90M |
| Change in Payables | - | - | $-8.96M | $-922.00K |
| Operating Cash Flow | - | - | $409.66M | $399.86M |
| Capital Expenditure | - | - | $11.70M | $16.73M |
| Acquisitions | - | - | $35.14M | $1.40M |
| Purchases of Investments | - | - | $179.97M | - |
| Investing Cash Flow | - | - | $-164.11M | $-34.67M |
| Stock Repurchased | - | - | $174.65M | - |
| Financing Cash Flow | - | - | $-156.17M | $7.62M |
| Net Change in Cash | - | - | $89.38M | $372.80M |
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.