$5.40B
Revenue
$419.00M
Net Income
48.05%
Gross Margin
12.97%
Op. Margin
$1.28B
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 | $5.40B | $5.40B | $4.98B | $4.58B | $5.78B | $5.63B |
| Revenue Growth % | 0.0% | 8.3% | 8.7% | -20.7% | 2.7% | nan% |
| Cost of Revenue | $2.80B | $2.80B | $2.57B | $2.46B | $3.16B | $3.00B |
| Gross Profit | $2.59B | $2.59B | $2.41B | $2.12B | $2.62B | $2.63B |
| Gross Margin % | 48.1% | 48.1% | 48.4% | 46.3% | 45.4% | 46.7% |
| Operating Expenses | $1.89B | $1.89B | $1.67B | $1.64B | $2.10B | $1.65B |
| Research & Development | $593.00M | $593.00M | $563.00M | $519.00M | $570.00M | $567.00M |
| Operating Income | $700.00M | $700.00M | $742.00M | $481.00M | $529.00M | $979.00M |
| Operating Margin % | 13.0% | 13.0% | 14.9% | 10.5% | 9.2% | 17.4% |
| Interest Expense | - | $129.00M | $55.00M | $111.00M | $58.00M | $5.00M |
| Other Income/Expense | $-14.00M | $-14.00M | $-14.00M | $-12.00M | $-5.00M | $-1.00M |
| Income Before Tax | $560.00M | $560.00M | $635.00M | $334.00M | $544.00M | $968.00M |
| Income Tax Expense | $141.00M | $141.00M | $107.00M | $38.00M | $81.00M | $131.00M |
| Net Income | $419.00M | $419.00M | $528.00M | $296.00M | $463.00M | $837.00M |
| Net Margin % | 7.8% | 7.8% | 10.6% | 6.5% | 8.0% | 14.9% |
| Basic EPS | 8.23 | 8.24 | 10.25 | 5.75 | 8.86 | 15.66 |
| Diluted EPS | 8.18 | 8.18 | 10.18 | 5.72 | 8.80 | 15.52 |
| Basic Shares Outstanding | - | 50.8M | 51.5M | 51.4M | - | - |
| Diluted Shares Outstanding | - | 51.2M | 51.9M | 51.7M | - | - |
| 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 | $125.00M | $901.00M | $137.00M | $105.00M | $332.00M |
| Accounts Receivable | $801.00M | $692.00M | $521.00M | $768.00M | $752.00M |
| Inventory | $729.00M | $693.00M | $804.00M | $860.00M | $491.00M |
| Other Current Assets | $110.00M | $134.00M | $147.00M | $124.00M | $106.00M |
| Total Current Assets | $1.80B | $2.44B | $1.67B | $1.88B | $1.69B |
| Property Plant & Equipment | $353.00M | $305.00M | $309.00M | $278.00M | $272.00M |
| Goodwill | $4.73B | $3.89B | $3.90B | $3.90B | $3.27B |
| Intangible Assets | $809.00M | $422.00M | $527.00M | $630.00M | $469.00M |
| Long-term Investments | $103.00M | $110.00M | $113.00M | $113.00M | - |
| Other Non-current Assets | $237.00M | $231.00M | $296.00M | $276.00M | $197.00M |
| Total Assets | $8.50B | $7.97B | $7.31B | $7.53B | $6.21B |
| Accounts Payable | $695.00M | $633.00M | $456.00M | $811.00M | $700.00M |
| Accrued Liabilities | $558.00M | $503.00M | $504.00M | $744.00M | $639.00M |
| Deferred Revenue | $446.00M | $453.00M | $458.00M | $425.00M | $380.00M |
| Total Current Liabilities | $1.85B | $1.70B | $1.60B | $2.33B | $1.80B |
| Long-term Debt | $2.36B | $2.09B | $2.05B | $1.81B | $922.00M |
| Deferred Tax Liabilities | $32.00M | $57.00M | $67.00M | $75.00M | $6.00M |
| Other Non-current Liabilities | $116.00M | $70.00M | $94.00M | $108.00M | $67.00M |
| Total Liabilities | $4.91B | $4.38B | $4.27B | $4.80B | $3.23B |
| Common Stock | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M |
| Retained Earnings | $5.28B | $4.86B | $4.33B | $4.04B | $3.57B |
| Treasury Stock | - | - | - | - | $1.02B |
| Total Stockholders Equity | $3.59B | $3.59B | $3.04B | $2.73B | $2.98B |
| Total Liabilities & Equity | $8.50B | $7.97B | $7.31B | $7.53B | $6.21B |
| 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 | $555.00M | $419.00M | $528.00M | $296.00M | $463.00M | $837.00M |
| Depreciation & Amortization | $310.00M | $185.00M | $172.00M | $176.00M | $204.00M | $187.00M |
| Stock-based Compensation | $297.00M | $163.00M | $89.00M | $55.00M | $88.00M | $76.00M |
| Change in Receivables | $-126.00M | $39.00M | $181.00M | $-249.00M | $5.00M | $239.00M |
| Change in Inventory | $-80.00M | $-54.00M | $-105.00M | $-50.00M | $341.00M | $-18.00M |
| Change in Payables | $-146.00M | $1.00M | $176.00M | $-365.00M | $92.00M | $96.00M |
| Operating Cash Flow | $1.42B | $917.00M | $1.01B | $-4.00M | $488.00M | $1.07B |
| Capital Expenditure | $143.00M | $86.00M | $59.00M | $87.00M | $75.00M | $59.00M |
| Acquisitions | $1.49B | $1.36B | - | - | $881.00M | $452.00M |
| Investing Cash Flow | $-1.64B | $-1.46B | $-57.00M | $-92.00M | $-968.00M | $-546.00M |
| Debt Repayment | $19.00M | $19.00M | $694.00M | $245.00M | $247.00M | $303.00M |
| Stock Repurchased | $962.00M | $587.00M | $47.00M | $52.00M | $751.00M | $57.00M |
| Financing Cash Flow | $-615.00M | $-239.00M | $-190.00M | $117.00M | $253.00M | $-371.00M |
| Net Change in Cash | $-827.00M | $-776.00M | $763.00M | $21.00M | $-227.00M | $152.00M |
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 | $1.32B | - | $3.92B | - |
| Cost of Revenue | $686.00M | - | $2.03B | - |
| Gross Profit | $634.00M | - | $1.90B | - |
| Operating Expenses | $451.00M | - | $1.33B | - |
| Research & Development | $146.00M | - | $441.00M | - |
| Operating Income | $183.00M | - | $561.00M | - |
| Other Income/Expense | $-2.00M | - | $-13.00M | - |
| Income Before Tax | $159.00M | - | $462.00M | - |
| Income Tax Expense | $58.00M | - | $113.00M | - |
| Net Income | $101.00M | $113.00M | $349.00M | - |
| Basic EPS | 1.98 | - | 6.83 | - |
| Diluted EPS | 1.97 | - | 6.78 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.05B | $901.00M |
| Accounts Receivable | $655.00M | $692.00M |
| Inventory | $663.00M | $693.00M |
| Other Current Assets | $99.00M | $134.00M |
| Total Current Assets | $2.58B | $2.44B |
| Property Plant & Equipment | $327.00M | $305.00M |
| Goodwill | $3.93B | $3.89B |
| Intangible Assets | $376.00M | $422.00M |
| Other Non-current Assets | $217.00M | $231.00M |
| Total Assets | $8.07B | $7.97B |
| Accounts Payable | $533.00M | $633.00M |
| Accrued Liabilities | $497.00M | $503.00M |
| Deferred Revenue | $456.00M | $453.00M |
| Total Current Liabilities | $1.60B | $1.70B |
| Long-term Debt | $2.11B | $2.09B |
| Deferred Tax Liabilities | $65.00M | $57.00M |
| Other Non-current Liabilities | $76.00M | $70.00M |
| Total Liabilities | $4.32B | $4.38B |
| Common Stock | $1.00M | $1.00M |
| Retained Earnings | $5.21B | $4.86B |
| Total Stockholders Equity | $3.75B | $3.59B |
| Total Liabilities & Equity | $8.07B | $7.97B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $101.00M | $113.00M | $349.00M | - |
| Depreciation & Amortization | - | - | $126.00M | - |
| Stock-based Compensation | - | - | $130.00M | - |
| Change in Receivables | - | - | $-57.00M | - |
| Change in Inventory | - | - | $-30.00M | - |
| Change in Payables | - | - | $-115.00M | - |
| Operating Cash Flow | - | - | $560.00M | - |
| Capital Expenditure | - | - | $56.00M | - |
| Acquisitions | - | - | $62.00M | - |
| Investing Cash Flow | - | - | $-121.00M | - |
| Debt Repayment | - | - | - | - |
| Stock Repurchased | - | - | $284.00M | - |
| Financing Cash Flow | - | - | $-286.00M | - |
| Net Change in Cash | - | - | $152.00M | - |
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.