$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) |
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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
FY 2009 (Dec 31, 2009) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $7.90B | $7.90B | $7.04B | $6.18B | $5.37B | $5.78B | $5.53B | $5.37B | $5.19B | $4.61B | $3.79B | $3.58B | $3.55B | $3.24B | $2.99B | $2.80B | $2.39B | $2.05B |
| Revenue Growth % | 0.0% | 12.3% | 13.9% | 15.0% | -7.0% | 4.5% | 3.0% | 3.4% | 12.7% | 21.6% | 5.8% | 0.9% | 9.6% | 8.2% | 7.0% | 17.2% | 16.4% | nan% |
| Cost of Revenue | $2.43B | $2.43B | $2.16B | $1.87B | $1.62B | $1.86B | $1.98B | $1.94B | $1.91B | $1.74B | $1.46B | $1.42B | $1.45B | $1.36B | $1.32B | $1.28B | $1.11B | $1.01B |
| Gross Profit | $5.47B | $5.47B | $4.88B | $4.31B | $3.75B | $3.92B | $3.54B | $3.43B | $3.28B | $2.86B | $2.33B | $2.16B | $2.10B | $1.88B | $1.67B | $1.52B | $1.28B | $1.04B |
| Gross Margin % | 69.2% | 69.2% | 69.3% | 69.7% | 69.9% | 67.8% | 64.1% | 63.9% | 63.2% | 62.2% | 61.5% | 60.4% | 59.2% | 58.1% | 55.8% | 54.2% | 53.4% | 50.9% |
| Research & Development | - | $852.50M | $748.10M | $646.10M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Admin | $3.24B | $3.24B | $2.88B | $2.56B | $2.23B | $2.34B | $2.11B | $1.93B | $1.88B | $1.65B | $1.28B | $1.14B | $1.10B | $1.04B | $914.13M | $855.02M | $760.83M | $647.74M |
| Operating Income | $2.24B | $2.24B | $2.00B | $1.75B | $1.52B | $1.48B | $1.43B | $1.50B | $1.40B | $1.21B | $1.05B | $1.03B | $999.47M | $842.36M | $757.59M | $660.54M | $514.29M | $395.40M |
| Operating Margin % | 28.3% | 28.3% | 28.4% | 28.2% | 28.4% | 25.6% | 25.9% | 27.9% | 26.9% | 26.3% | 27.8% | 28.7% | 28.2% | 26.0% | 25.3% | 23.6% | 21.6% | 19.3% |
| Interest Expense | $306.60M | $306.60M | $239.90M | $164.70M | $192.40M | $234.10M | $218.90M | $186.60M | $182.10M | $180.57M | $111.56M | $84.22M | $78.64M | $88.04M | $67.53M | $63.65M | $66.53M | $58.54M |
| Other Income/Expense | $200.00K | $200.00K | $-5.00M | $-2.80M | $-50.10M | $24.90M | $-2.90M | $-5.10M | - | $5.04M | $-1.48M | $58.65M | $620.00K | $-192.00K | $-2.34M | $8.10M | $633.00K | $3.32M |
| Income Before Tax | $1.94B | $1.94B | $1.97B | $1.74B | $1.28B | $1.27B | $1.05B | $2.06B | $1.20B | $1.03B | $940.65M | $1.00B | $921.46M | $754.13M | $686.68M | $604.99M | $448.39M | $339.77M |
| Income Tax Expense | $399.80M | $399.80M | $417.90M | $374.70M | $296.40M | $288.40M | $259.60M | $459.50M | $254.00M | $62.95M | $282.01M | $306.28M | $275.42M | $215.84M | $203.32M | $177.74M | $125.81M | $100.29M |
| Net Income | $1.54B | $1.54B | $1.55B | $1.38B | $4.54B | $1.15B | $949.70M | $1.77B | $944.40M | $971.77M | $658.64M | $696.07M | $646.03M | $538.29M | $483.36M | $427.25M | $322.58M | $239.48M |
| Net Margin % | 19.4% | 19.4% | 22.0% | 22.4% | 84.6% | 19.9% | 17.2% | 32.9% | 18.2% | 21.1% | 17.4% | 19.4% | 18.2% | 16.6% | 16.1% | 15.3% | 13.5% | 11.7% |
| Basic EPS | 14.29 | 14.30 | 14.47 | 12.98 | 42.92 | 10.95 | 9.08 | 17.02 | 9.15 | 9.51 | 6.50 | 6.92 | 6.47 | 5.43 | 4.95 | 4.45 | 3.42 | 2.64 |
| Diluted EPS | 14.20 | 14.20 | 14.35 | 12.89 | 42.55 | 10.82 | 8.98 | 16.82 | 9.05 | 9.39 | 6.43 | 6.85 | 6.40 | 5.37 | 4.86 | 4.34 | 3.34 | 2.58 |
| Basic Shares Outstanding | - | 107.4M | 107.1M | 106.6M | 105.9M | 105.3M | 104.6M | 103.9M | 103.2M | 102.2M | 101.3M | 100.6M | 99.9M | 99.1M | 97.7M | 96.0M | 94.2M | 90.7M |
| Diluted Shares Outstanding | - | 108.2M | 108.0M | 107.4M | 106.8M | 106.5M | 105.7M | 105.1M | 104.4M | 103.5M | 102.5M | 101.6M | 100.9M | 100.2M | 99.6M | 98.4M | 96.7M | 92.8M |
| 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) |
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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
FY 2009 (Dec 31, 2009) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $297.40M | $188.20M | $214.30M | $792.80M | $351.50M | $308.30M | $709.70M | $364.40M | $671.33M | $757.20M | $778.51M | $610.43M | $459.72M | $370.59M | $338.10M | $270.39M | $167.71M |
| Accounts Receivable | $1.00B | $885.10M | $829.90M | $724.50M | $839.40M | $863.00M | $791.60M | $700.80M | $641.66M | $619.85M | $488.27M | $511.54M | $519.08M | $526.41M | $439.13M | $403.34M | $381.66M |
| Inventory | $141.70M | $120.80M | $118.60M | $111.30M | $176.10M | $198.40M | $198.60M | $190.80M | $204.93M | $181.95M | $189.87M | $193.77M | $204.92M | $190.87M | $204.76M | $178.56M | $178.79M |
| Other Current Assets | $235.80M | $195.70M | $164.50M | $151.30M | $142.50M | $119.00M | $97.60M | $80.00M | $73.48M | $55.85M | $39.35M | $45.76M | $38.21M | $43.49M | $31.65M | $37.29M | $58.12M |
| Total Current Assets | $1.93B | $1.54B | $1.48B | $1.93B | $2.42B | $1.75B | $2.00B | $1.61B | $1.76B | $1.78B | $1.62B | $1.51B | $1.37B | $1.25B | $1.12B | $998.09M | $870.75M |
| Property Plant & Equipment | $156.90M | $149.70M | $119.60M | $85.30M | $102.80M | $140.60M | $139.90M | $128.70M | $142.53M | $141.32M | $105.51M | $110.88M | $117.31M | $110.40M | $108.78M | $103.49M | $109.49M |
| Goodwill | $21.34B | $19.31B | $17.12B | $15.95B | $14.09B | $14.40B | $10.82B | $9.35B | $8.82B | $8.65B | $5.82B | $4.71B | $4.55B | $3.87B | $2.87B | $2.73B | $2.39B |
| Intangible Assets | $9.76B | $9.06B | $8.21B | $8.03B | $6.59B | $7.21B | $4.67B | $3.84B | $3.48B | $3.66B | $2.53B | $1.98B | $2.04B | $1.70B | $1.09B | $1.10B | $868.90M |
| Other Non-current Assets | $517.00M | $443.40M | $407.70M | $395.40M | $405.90M | $425.80M | $390.80M | $101.10M | $88.22M | $73.50M | $59.55M | $73.04M | $76.43M | $68.80M | $71.59M | $77.80M | $57.04M |
| Total Assets | $34.58B | $31.33B | $28.17B | $26.98B | $23.71B | $24.02B | $18.11B | $15.25B | $14.32B | $14.32B | $10.17B | $8.41B | $8.18B | $7.07B | $5.32B | $5.07B | $4.33B |
| Accounts Payable | - | - | - | - | - | $177.80M | $162.00M | $165.30M | $171.07M | $152.07M | $139.74M | - | - | - | - | - | - |
| Accrued Liabilities | $642.30M | $546.20M | $446.50M | $454.60M | $440.70M | $457.00M | $346.20M | $258.00M | $266.57M | $219.34M | $168.51M | $160.74M | $153.71M | $128.35M | $122.19M | - | - |
| Deferred Revenue | $1.91B | $1.74B | $1.58B | $1.37B | $1.13B | $994.60M | $831.80M | $677.90M | $566.45M | $488.40M | $267.03M | $190.95M | $209.33M | $185.91M | $94.76M | - | - |
| Total Current Liabilities | $3.73B | $3.83B | $2.96B | $2.89B | $3.12B | $2.44B | $2.40B | $1.45B | $2.03B | $1.45B | $720.13M | $627.95M | $643.09M | $1.09B | $554.20M | $539.64M | $478.01M |
| Long-term Debt | $9.30B | $7.62B | $5.83B | $5.96B | $7.12B | $9.06B | $4.67B | $4.94B | $4.35B | $5.81B | $3.26B | $2.20B | $2.45B | $1.50B | $1.02B | $1.25B | $1.04B |
| Deferred Tax Liabilities | $1.88B | $1.63B | $1.51B | $1.68B | $1.48B | $1.56B | $1.11B | $931.10M | $829.60M | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $491.00M | $424.40M | $415.80M | $411.20M | $426.20M | $473.60M | $438.40M | $191.50M | $239.17M | $104.02M | $74.02M | $90.77M | $91.20M | $86.78M | $72.41M | $66.27M | $58.97M |
| Total Liabilities | $14.70B | $12.47B | $10.72B | $10.94B | $12.15B | $13.54B | $8.62B | $7.51B | $7.45B | $8.54B | $4.87B | $3.66B | $3.97B | $3.38B | $2.12B | $2.32B | $1.91B |
| Common Stock | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.10M | $1.04M | $1.04M | $1.03M | $1.02M | $1.01M | $1.01M | $987.00K | $971.00K | $958.00K |
| Retained Earnings | $17.21B | $16.03B | $14.82B | $13.73B | $9.46B | $8.55B | $7.82B | $6.25B | $5.46B | $4.64B | $4.11B | $3.52B | $2.96B | $2.49B | $2.06B | $1.68B | $1.40B |
| Treasury Stock | - | - | - | - | $17.60M | $18.00M | $18.30M | $18.50M | $18.71M | $18.90M | $19.09M | $19.27M | $19.48M | $19.68M | $19.89M | $-20.18M | $21.32M |
| Total Stockholders Equity | $19.88B | $18.87B | $17.44B | $16.04B | $11.56B | $10.48B | $9.49B | $7.74B | $6.86B | $5.79B | $5.30B | $4.76B | $4.21B | $3.69B | $3.20B | $2.75B | $2.42B |
| Total Liabilities & Equity | $34.58B | $31.33B | $28.17B | $26.98B | $23.71B | $24.02B | $18.11B | $15.25B | $14.32B | $14.32B | $10.17B | $8.41B | $8.18B | $7.07B | $5.32B | $5.07B | $4.33B |
| 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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
FY 2010 (Dec 31, 2010) |
FY 2009 (Dec 31, 2009) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.54B | $1.54B | $1.55B | $1.38B | $4.54B | $1.15B | $949.70M | $1.77B | $944.40M | $971.77M | $658.64M | $696.07M | $646.03M | $538.29M | $483.36M | $427.25M | $322.58M | $239.48M |
| Depreciation & Amortization | - | $898.20M | $812.80M | $755.20M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Stock-based Compensation | $287.80M | $166.30M | $145.90M | $123.50M | $118.50M | $136.10M | $121.70M | $104.50M | $133.80M | $83.08M | $78.83M | $61.77M | $63.03M | $53.13M | $40.77M | $31.73M | $25.15M | $27.48M |
| Change in Inventory | $32.40M | $18.70M | $1.90M | $6.60M | $43.10M | $13.90M | $-4.60M | $17.30M | $21.80M | $15.36M | $-6.35M | $1.15M | $-6.35M | $-12.69M | $18.36M | $-23.03M | $-5.69M | $31.08M |
| Change in Payables | $6.00M | $-3.90M | $-13.00M | $18.20M | $21.30M | $16.00M | $4.90M | - | - | - | - | - | - | - | - | - | - | - |
| Operating Cash Flow | $4.00B | $2.54B | $2.39B | $2.04B | $734.60M | $2.01B | $1.53B | $1.46B | $1.43B | $1.23B | $963.80M | - | $840.44M | $802.55M | $677.85M | $601.62M | $499.54M | $367.50M |
| Capital Expenditure | - | - | - | - | - | - | - | - | $49.10M | $48.75M | $37.30M | $36.26M | $37.64M | $42.53M | $38.41M | $40.70M | $28.59M | $25.89M |
| Acquisitions | $5.42B | $3.29B | $3.61B | $2.05B | $4.28B | $217.00M | $6.02B | $2.39B | $1.28B | $153.74M | $3.72B | $1.76B | $305.38M | $1.07B | $1.47B | $233.59M | $536.41M | $354.56M |
| Investing Cash Flow | $-5.59B | $-3.39B | $-3.47B | $-2.13B | $1.21B | $-142.90M | $-6.07B | $-1.30B | $-1.34B | $-209.60M | $-3.75B | - | $-348.11M | $-1.12B | $-1.51B | $-275.75M | $-563.27M | $-374.19M |
| Stock Issued | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $121.45M |
| Stock Repurchased | - | $500.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividends Paid | $620.80M | $355.00M | $321.90M | $290.20M | $262.30M | $236.40M | $214.10M | $191.70M | $170.10M | $142.75M | $121.13M | $100.33M | $79.86M | $49.09M | $69.90M | $42.09M | $35.71M | $29.82M |
| Financing Cash Flow | $1.86B | $923.60M | $1.07B | $-499.50M | $-1.47B | $-1.81B | $4.14B | $177.00M | $-388.10M | $-1.17B | $2.81B | - | $-298.10M | $403.63M | $853.87M | $-256.68M | $167.61M | $-13.60M |
| Net Change in Cash | $348.00M | $109.20M | $-26.10M | $-578.50M | $441.30M | $43.20M | $-401.40M | $345.30M | $-306.90M | $-85.90M | $-21.31M | $168.08M | $150.71M | $89.13M | $32.49M | $67.71M | $102.69M | $-10.36M |
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.