$7.90B
Revenue
$1.54B
Net Income
69.24%
Gross Margin
28.29%
Op. Margin
$4.00B
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 | $7.90B | $7.90B | $7.04B | $6.18B | $5.37B | $5.78B |
| Revenue Growth % | 0.0% | 12.3% | 13.9% | 15.0% | -7.0% | nan% |
| Cost of Revenue | $2.43B | $2.43B | $2.16B | $1.87B | $1.62B | $1.86B |
| Gross Profit | $5.47B | $5.47B | $4.88B | $4.31B | $3.75B | $3.92B |
| Gross Margin % | 69.2% | 69.2% | 69.3% | 69.7% | 69.9% | 67.8% |
| Research & Development | - | $852.50M | $748.10M | $646.10M | - | - |
| Selling General & Admin | $3.24B | $3.24B | $2.88B | $2.56B | $2.23B | $2.34B |
| Operating Income | $2.24B | $2.24B | $2.00B | $1.75B | $1.52B | $1.48B |
| Operating Margin % | 28.3% | 28.3% | 28.4% | 28.2% | 28.4% | 25.6% |
| Interest Expense | $306.60M | $306.60M | $239.90M | $164.70M | $192.40M | $234.10M |
| Other Income/Expense | $200.00K | $200.00K | $-5.00M | $-2.80M | $-50.10M | $24.90M |
| Income Before Tax | $1.94B | $1.94B | $1.97B | $1.74B | $1.28B | $1.27B |
| Income Tax Expense | $399.80M | $399.80M | $417.90M | $374.70M | $296.40M | $288.40M |
| Net Income | $1.54B | $1.54B | $1.55B | $1.38B | $4.54B | $1.15B |
| Net Margin % | 19.4% | 19.4% | 22.0% | 22.4% | 84.6% | 19.9% |
| Basic EPS | 14.29 | 14.30 | 14.47 | 12.98 | 42.92 | 10.95 |
| Diluted EPS | 14.20 | 14.20 | 14.35 | 12.89 | 42.55 | 10.82 |
| Basic Shares Outstanding | - | 107.4M | 107.1M | 106.6M | 105.9M | 105.3M |
| Diluted Shares Outstanding | - | 108.2M | 108.0M | 107.4M | 106.8M | 106.5M |
| 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 | $297.40M | $188.20M | $214.30M | $792.80M | $351.50M |
| Accounts Receivable | $1.00B | $885.10M | $829.90M | $724.50M | $839.40M |
| Inventory | $141.70M | $120.80M | $118.60M | $111.30M | $176.10M |
| Other Current Assets | $235.80M | $195.70M | $164.50M | $151.30M | $142.50M |
| Total Current Assets | $1.93B | $1.54B | $1.48B | $1.93B | $2.42B |
| Property Plant & Equipment | $156.90M | $149.70M | $119.60M | $85.30M | $102.80M |
| Goodwill | $21.34B | $19.31B | $17.12B | $15.95B | $14.09B |
| Intangible Assets | $9.76B | $9.06B | $8.21B | $8.03B | $6.59B |
| Other Non-current Assets | $517.00M | $443.40M | $407.70M | $395.40M | $405.90M |
| Total Assets | $34.58B | $31.33B | $28.17B | $26.98B | $23.71B |
| Accrued Liabilities | $642.30M | $546.20M | $446.50M | $454.60M | $440.70M |
| Deferred Revenue | $1.91B | $1.74B | $1.58B | $1.37B | $1.13B |
| Total Current Liabilities | $3.73B | $3.83B | $2.96B | $2.89B | $3.12B |
| Long-term Debt | $9.30B | $7.62B | $5.83B | $5.96B | $7.12B |
| Deferred Tax Liabilities | $1.88B | $1.63B | $1.51B | $1.68B | $1.48B |
| Other Non-current Liabilities | $491.00M | $424.40M | $415.80M | $411.20M | $426.20M |
| Total Liabilities | $14.70B | $12.47B | $10.72B | $10.94B | $12.15B |
| Common Stock | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M |
| Retained Earnings | $17.21B | $16.03B | $14.82B | $13.73B | $9.46B |
| Treasury Stock | - | - | - | - | $17.60M |
| Total Stockholders Equity | $19.88B | $18.87B | $17.44B | $16.04B | $11.56B |
| Total Liabilities & Equity | $34.58B | $31.33B | $28.17B | $26.98B | $23.71B |
| 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 | $1.54B | $1.54B | $1.55B | $1.38B | $4.54B | $1.15B |
| Depreciation & Amortization | - | $898.20M | $812.80M | $755.20M | - | - |
| Stock-based Compensation | $287.80M | $166.30M | $145.90M | $123.50M | $118.50M | $136.10M |
| Change in Inventory | $32.40M | $18.70M | $1.90M | $6.60M | $43.10M | $13.90M |
| Change in Payables | $6.00M | $-3.90M | $-13.00M | $18.20M | $21.30M | $16.00M |
| Operating Cash Flow | $4.00B | $2.54B | $2.39B | $2.04B | $734.60M | $2.01B |
| Acquisitions | $5.42B | $3.29B | $3.61B | $2.05B | $4.28B | $217.00M |
| Investing Cash Flow | $-5.59B | $-3.39B | $-3.47B | $-2.13B | $1.21B | $-142.90M |
| Stock Repurchased | - | $500.00M | - | - | - | - |
| Dividends Paid | $620.80M | $355.00M | $321.90M | $290.20M | $262.30M | $236.40M |
| Financing Cash Flow | $1.86B | $923.60M | $1.07B | $-499.50M | $-1.47B | $-1.81B |
| Net Change in Cash | $348.00M | $109.20M | $-26.10M | $-578.50M | $441.30M | $43.20M |
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 | $2.02B | $1.76B | $5.84B | $5.16B |
| Cost of Revenue | $614.50M | $542.90M | $1.80B | $1.57B |
| Gross Profit | $1.40B | $1.22B | $4.04B | $3.60B |
| Selling General & Admin | $830.00M | $725.10M | $2.40B | $2.12B |
| Operating Income | $573.00M | $496.60M | $1.65B | $1.47B |
| Interest Expense | $89.70M | $67.70M | $231.70M | $188.40M |
| Other Income/Expense | $2.00M | $900.00K | $1.00M | $-900.00K |
| Income Before Tax | $498.20M | $467.20M | $1.40B | $1.38B |
| Income Tax Expense | $99.70M | $99.30M | $293.60M | $289.40M |
| Net Income | $398.50M | $367.90M | $1.11B | $1.09B |
| Basic EPS | 3.70 | 3.43 | 10.31 | 10.15 |
| Diluted EPS | 3.68 | 3.40 | 10.23 | 10.06 |
| Basic Shares Outstanding | $107.60M | $107.20M | $107.50M | $107.10M |
| Diluted Shares Outstanding | $108.40M | $108.10M | $108.30M | $108.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $320.00M | $188.20M |
| Accounts Receivable | $910.20M | $885.10M |
| Inventory | $140.80M | $120.80M |
| Other Current Assets | $227.80M | $195.70M |
| Total Current Assets | $1.80B | $1.54B |
| Property Plant & Equipment | $157.60M | $149.70M |
| Goodwill | $21.34B | $19.31B |
| Intangible Assets | $9.97B | $9.06B |
| Other Non-current Assets | $509.60M | $443.40M |
| Total Assets | $34.58B | $31.33B |
| Accrued Liabilities | $538.00M | $546.20M |
| Deferred Revenue | $1.81B | $1.74B |
| Total Current Liabilities | $3.13B | $3.83B |
| Long-term Debt | $9.15B | $6.58B |
| Deferred Tax Liabilities | $1.82B | $1.63B |
| Other Non-current Liabilities | $489.80M | $424.40M |
| Total Liabilities | $14.59B | $12.47B |
| Common Stock | $1.10M | $1.10M |
| Retained Earnings | $16.88B | $16.03B |
| Total Stockholders Equity | $19.99B | $18.87B |
| Total Liabilities & Equity | $34.58B | $31.33B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $398.50M | $367.90M | $1.11B | $1.09B |
| Stock-based Compensation | - | - | $128.70M | $112.90M |
| Change in Inventory | - | - | $18.20M | $8.30M |
| Change in Payables | - | - | $13.20M | $-7.20M |
| Operating Cash Flow | - | - | $1.80B | $1.67B |
| Acquisitions | - | - | $3.28B | $3.46B |
| Investing Cash Flow | - | - | $-3.35B | $-3.53B |
| Dividends Paid | - | - | $266.00M | $241.10M |
| Financing Cash Flow | - | - | $1.65B | $1.90B |
| Net Change in Cash | - | - | $131.80M | $55.30M |
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.