$7.90B
Revenue
$1.54B
Net Income
69.24%
Gross Margin
28.29%
Op. Margin
$4.00B
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 | $2.06B | $2.02B | $1.94B | $1.88B | $1.88B | $1.76B | $1.72B | $1.68B | $1.61B | $1.56B | $1.53B | $1.47B | $1.43B | $1.35B |
| Revenue Growth % (YoY) | 9.7% | 14.3% | 13.2% | 12.0% | 16.3% | 12.9% | 12.1% | 14.4% | 12.8% | 15.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $628.70M | $614.50M | $598.20M | $589.10M | $594.80M | $542.90M | $523.50M | $499.70M | $488.30M | $467.10M | $464.10M | $451.10M | $428.60M | $408.50M |
| Gross Profit | $1.43B | $1.40B | $1.35B | $1.29B | $1.28B | $1.22B | $1.19B | $1.18B | $1.13B | $1.10B | $1.07B | $1.02B | $1.00B | $941.80M |
| Gross Margin % | 69.5% | 69.5% | 69.2% | 68.7% | 68.3% | 69.2% | 69.5% | 70.3% | 69.7% | 70.1% | 69.7% | 69.3% | 70.0% | 69.7% |
| Selling General & Admin | $841.60M | $830.00M | $797.10M | $767.90M | $757.60M | $725.10M | $699.10M | $699.70M | $662.40M | $650.20M | $631.80M | $617.60M | $589.80M | $548.60M |
| Operating Income | $588.30M | $573.00M | $548.30M | $525.80M | $524.70M | $496.60M | $494.20M | $481.30M | $462.80M | $446.10M | $435.30M | $401.00M | $412.50M | $393.20M |
| Operating Margin % | 28.6% | 28.4% | 28.2% | 27.9% | 28.0% | 28.1% | 28.8% | 28.6% | 28.7% | 28.5% | 28.4% | 27.3% | 28.8% | 29.1% |
| Interest Expense | $74.90M | $89.70M | $79.10M | $62.90M | $51.50M | $67.70M | $67.50M | $53.20M | $50.10M | $42.40M | $34.80M | $37.40M | $53.80M | $41.30M |
| Other Income/Expense | $-800.00K | $2.00M | $-500.00K | $-500.00K | $-4.10M | $900.00K | $-600.00K | $-1.20M | $-2.70M | $5.00M | $-2.80M | $-2.30M | $-50.30M | $3.60M |
| Income Before Tax | $534.60M | $498.20M | $485.30M | $418.00M | $590.80M | $467.20M | $425.30M | $483.90M | $476.70M | $442.60M | $463.70M | $360.10M | $308.40M | $355.50M |
| Income Tax Expense | $106.20M | $99.70M | $107.00M | $86.90M | $128.50M | $99.30M | $88.20M | $101.90M | $99.20M | $97.00M | $102.70M | $75.80M | $61.10M | $78.60M |
| Net Income | $428.40M | $398.50M | $378.30M | $331.10M | $462.30M | $367.90M | $337.10M | $382.00M | $389.00M | $347.20M | $364.90M | $283.10M | $1.93B | $327.00M |
| Net Margin % | 20.8% | 19.8% | 19.5% | 17.6% | 24.6% | 20.8% | 19.6% | 22.7% | 24.1% | 22.2% | 23.8% | 19.3% | 134.8% | 24.2% |
| Basic EPS | 3.99 | 3.70 | 3.52 | 3.08 | 4.32 | 3.43 | 3.15 | 3.57 | 3.64 | 3.25 | 3.42 | 2.66 | 18.21 | 3.08 |
| Diluted EPS | 3.97 | 3.68 | 3.49 | 3.06 | 4.29 | 3.40 | 3.12 | 3.54 | 3.62 | 3.23 | 3.40 | 2.65 | 18.05 | 3.06 |
| Basic Shares Outstanding | - | 107.6M | 107.6M | 107.4M | - | 107.2M | 107.1M | 107.0M | 100K | 106.7M | 106.6M | 106.3M | - | 106.0M |
| Diluted Shares Outstanding | - | 108.4M | 108.4M | 108.2M | - | 108.1M | 107.9M | 107.9M | 100K | 107.6M | 107.4M | 107.0M | - | 106.8M |
| 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 | $297.40M | $320.00M | $242.40M | $372.80M | $188.20M | $269.60M | $251.50M | $198.40M | $214.30M | $299.50M | $1.46B | $1.18B | $792.80M | $1.89B |
| Accounts Receivable | $1.00B | $910.20M | $868.80M | $813.30M | $885.10M | $821.20M | $739.90M | $763.50M | $829.90M | $746.40M | $684.40M | $629.10M | $724.50M | $630.30M |
| Inventory | $141.70M | $140.80M | $132.20M | $125.50M | $120.80M | $129.00M | $128.80M | $126.00M | $118.60M | $122.50M | $118.00M | $115.00M | $111.30M | $101.00M |
| Other Current Assets | $235.80M | $227.80M | $220.90M | $237.00M | $195.70M | $199.20M | $198.20M | $194.40M | $164.50M | $168.80M | $179.40M | $180.10M | $151.30M | $138.60M |
| Total Current Assets | $1.93B | $1.80B | $1.65B | $1.70B | $1.54B | $1.59B | $1.49B | $1.43B | $1.48B | $1.50B | $2.61B | $2.23B | $1.93B | $3.99B |
| Property Plant & Equipment | $156.90M | $157.60M | $156.50M | $150.00M | $149.70M | $132.80M | $116.40M | $119.60M | $119.60M | $98.30M | $93.70M | $86.30M | $85.30M | $83.20M |
| Goodwill | $21.34B | $21.34B | $20.51B | $19.41B | $19.31B | $19.27B | $18.31B | $18.31B | $17.12B | $17.05B | $16.00B | $15.96B | $15.95B | $13.67B |
| Intangible Assets | $9.76B | $9.97B | $9.63B | $8.92B | $9.06B | $9.21B | $8.65B | $8.83B | $8.21B | $8.34B | $7.72B | $7.87B | $8.03B | $6.24B |
| Other Non-current Assets | $517.00M | $509.60M | $480.30M | $456.20M | $443.40M | $433.20M | $409.00M | $407.80M | $407.70M | $405.50M | $399.80M | $387.50M | $395.40M | $359.10M |
| Total Assets | $34.58B | $34.58B | $33.22B | $31.42B | $31.33B | $31.55B | $29.85B | $29.98B | $28.17B | $28.19B | $27.46B | $27.13B | $26.98B | $24.40B |
| Accrued Liabilities | $642.30M | $538.00M | $520.30M | $544.50M | $546.20M | $468.40M | $469.70M | $464.20M | $446.50M | $389.50M | $397.10M | $413.40M | $454.60M | $365.60M |
| Deferred Revenue | $1.91B | $1.81B | $1.62B | $1.67B | $1.74B | $1.67B | $1.47B | $1.51B | $1.58B | $1.50B | $1.28B | $1.30B | $1.37B | $1.05B |
| Total Current Liabilities | $3.73B | $3.13B | $3.56B | $3.69B | $3.83B | $3.29B | $2.81B | $2.91B | $2.96B | $2.81B | $2.76B | $2.78B | $2.89B | $2.84B |
| Long-term Debt | $9.30B | $9.15B | $7.86B | $6.46B | $7.62B | $7.68B | $6.92B | $7.22B | $5.83B | $6.38B | $5.97B | $5.96B | $5.96B | $5.96B |
| Deferred Tax Liabilities | $1.88B | $1.82B | $1.71B | $1.61B | $1.63B | $1.65B | $1.59B | $1.62B | $1.51B | $1.55B | $1.59B | $1.65B | $1.68B | $1.36B |
| Other Non-current Liabilities | $491.00M | $489.80M | $456.80M | $438.60M | $424.40M | $420.00M | $391.40M | $424.20M | $415.80M | $411.60M | $394.90M | $409.40M | $411.20M | $373.40M |
| Total Liabilities | $14.70B | $14.59B | $13.59B | $12.20B | $12.47B | $13.04B | $11.71B | $12.18B | $10.72B | $11.15B | $10.71B | $10.80B | $10.94B | $10.54B |
| Common Stock | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M |
| Retained Earnings | $17.21B | $16.88B | $16.57B | $16.28B | $16.03B | $15.66B | $15.37B | $15.12B | $14.82B | $14.51B | $14.23B | $13.94B | $13.73B | $11.87B |
| Treasury Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | $17.30M |
| Total Stockholders Equity | $19.88B | $19.99B | $19.63B | $19.22B | $18.87B | $18.52B | $18.14B | $17.80B | $17.44B | $17.04B | $16.75B | $16.33B | $16.04B | $13.86B |
| Total Liabilities & Equity | $34.58B | $34.58B | $33.22B | $31.42B | $31.33B | $31.55B | $29.85B | $29.98B | $28.17B | $28.19B | $27.46B | $27.13B | $26.98B | $24.40B |
| 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 | $428.40M | $398.50M | $378.30M | $331.10M | $462.30M | $1.09B | $719.10M | $382.00M | $389.00M | $347.20M | $364.90M | $283.10M | $1.93B | $327.00M |
| Stock-based Compensation | $37.60M | $128.70M | $82.70M | $38.80M | $33.00M | $112.90M | $73.30M | $33.60M | $24.30M | $99.20M | $63.50M | $29.60M | $27.70M | $90.80M |
| Change in Inventory | $500.00K | $18.20M | $9.60M | $4.10M | $-6.40M | $8.30M | $11.00M | $7.90M | $-4.60M | $11.20M | $5.90M | $3.80M | $9.50M | $33.60M |
| Change in Payables | $-17.10M | $13.20M | $7.00M | $2.90M | $-5.80M | $-7.20M | $4.50M | $300.00K | $6.10M | $12.10M | $17.90M | $11.20M | $-3.40M | $24.70M |
| Operating Cash Flow | $738.00M | $1.80B | $932.80M | $528.70M | $722.20M | $1.67B | $915.60M | $531.50M | $621.80M | $1.41B | $783.30M | $463.70M | $71.70M | $662.90M |
| Acquisitions | $9.60M | $3.28B | $2.01B | $124.90M | $148.80M | $3.46B | $1.86B | $1.86B | $82.60M | $1.97B | $17.30M | $1.10M | $3.70B | $580.90M |
| Investing Cash Flow | $-34.00M | $-3.35B | $-2.05B | $-146.80M | $59.70M | $-3.53B | $-1.89B | $-1.88B | $-117.60M | $-2.01B | $-50.30M | $-26.80M | $-1.15B | $2.36B |
| Dividends Paid | $89.00M | $266.00M | $177.20M | $88.60M | $80.80M | $241.10M | $160.60M | $80.50M | $72.70M | $217.50M | $144.80M | $72.30M | $66.10M | $196.20M |
| Financing Cash Flow | $-730.70M | $1.65B | $1.14B | $-207.80M | $-832.20M | $1.90B | $1.02B | $1.34B | $-602.80M | $103.30M | $-75.80M | $-52.50M | $-52.20M | $-1.41B |
| Net Change in Cash | $-22.60M | $131.80M | $54.20M | $184.60M | $-81.40M | $55.30M | $37.20M | $-15.90M | $-85.20M | $-493.30M | $670.00M | $388.80M | $-1.10B | $1.54B |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.