$17.93B
Revenue
$4.27B
Net Income
49.36%
Gross Margin
27.37%
Op. Margin
$4.54B
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 | $17.93B | $17.93B | $16.48B | $13.90B | $8.84B | $1.53B |
| Revenue Growth % | 0.0% | 8.8% | 18.6% | 57.2% | 477.0% | nan% |
| Cost of Revenue | $9.08B | $9.08B | $8.65B | $7.78B | $6.61B | $2.66B |
| Gross Profit | $8.85B | $8.85B | $7.83B | $6.12B | $2.23B | $-1.13B |
| Gross Margin % | 49.4% | 49.4% | 47.5% | 44.1% | 25.2% | -73.5% |
| Selling General & Admin | $2.22B | $2.22B | $2.12B | $1.79B | $1.58B | $1.37B |
| Operating Income | $4.91B | $4.91B | $4.11B | $2.88B | $-763.98M | $-3.87B |
| Operating Margin % | 27.4% | 27.4% | 24.9% | 20.7% | -8.6% | -252.6% |
| Interest Expense | $1.59B | $864.00M | $1.21B | $1.40B | $1.36B | $1.29B |
| Other Income/Expense | $18.00M | $17.00M | $103.00M | $-8.00M | $-120.38M | $20.28M |
| Income Before Tax | - | $4.37B | $2.94B | $1.71B | - | - |
| Income Tax Expense | - | $82.00M | $46.00M | $6.00M | - | - |
| Net Income | $4.27B | $4.27B | $2.88B | $1.70B | $-2.16B | $-5.26B |
| Net Margin % | 23.8% | 23.8% | 17.5% | 12.2% | -24.4% | -343.3% |
| Basic EPS | 15.73 | 15.75 | 11.00 | 6.63 | -8.45 | -20.89 |
| Diluted EPS | 15.63 | 15.61 | 10.94 | 6.31 | -8.45 | -20.89 |
| Basic Shares Outstanding | - | 271.0M | 261.0M | 256.0M | - | - |
| Diluted Shares Outstanding | - | 274.0M | 279.0M | 283.0M | - | - |
| 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 | $825.00M | $388.00M | $497.00M | $1.94B | $2.70B |
| Accounts Receivable | $317.00M | $371.00M | $405.00M | $531.07M | $408.07M |
| Inventory | $264.00M | $265.00M | $248.00M | $224.02M | $150.22M |
| Other Current Assets | $690.00M | $670.00M | $617.00M | $455.84M | $286.03M |
| Total Current Assets | $2.21B | $1.71B | $1.79B | $3.21B | $3.60B |
| Property Plant & Equipment | $35.70B | $31.83B | - | - | - |
| Goodwill | $808.00M | $808.00M | $809.00M | $809.28M | $809.38M |
| Intangible Assets | $390.00M | $404.00M | - | - | - |
| Other Non-current Assets | $2.28B | $2.05B | $1.80B | $1.68B | $1.40B |
| Total Assets | $41.62B | $37.07B | $35.13B | $33.78B | $32.26B |
| Accounts Payable | $953.00M | $919.00M | $792.00M | $646.73M | $545.98M |
| Short-term Debt | $3.18B | $1.60B | - | - | - |
| Accrued Liabilities | $2.03B | $1.64B | $1.48B | $1.07B | $887.58M |
| Deferred Revenue | $5.74B | $5.50B | $5.31B | $4.17B | $3.16B |
| Total Current Liabilities | $12.05B | $9.82B | $9.40B | $8.57B | $7.29B |
| Long-term Debt | $18.16B | $18.47B | $19.73B | $21.30B | $18.85B |
| Other Non-current Liabilities | $554.00M | $375.00M | $486.00M | $507.60M | $505.18M |
| Total Liabilities | $31.37B | $29.34B | $30.23B | $30.91B | $27.17B |
| Common Stock | $3.00M | $3.00M | $3.00M | $2.83M | $2.83M |
| Retained Earnings | $5.92B | $2.61B | $-10.00M | $-1.71B | $302.28M |
| Treasury Stock | - | - | - | - | $2.07B |
| Total Stockholders Equity | $10.04B | $7.56B | $4.72B | $2.87B | $5.09B |
| Total Liabilities & Equity | $41.62B | $37.07B | $35.13B | $33.78B | $32.26B |
| 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 | $5.00B | $4.27B | $2.88B | $1.70B | $-2.16B | $-5.26B |
| Depreciation & Amortization | $2.13B | $1.72B | $1.60B | $1.46B | $1.41B | $1.29B |
| Stock-based Compensation | $320.00M | $175.00M | $267.00M | $126.00M | $36.12M | $63.64M |
| Deferred Income Tax | - | $18.00M | - | - | - | - |
| Change in Receivables | $131.00M | $3.00M | $-52.00M | $-99.00M | $234.35M | $181.71M |
| Change in Inventory | - | - | $17.00M | $24.00M | $73.79M | $34.53M |
| Change in Payables | $73.00M | $27.00M | $120.00M | $124.00M | $74.66M | $188.52M |
| Operating Cash Flow | $11.46B | $6.46B | $5.26B | $4.48B | $481.86M | $-1.88B |
| Capital Expenditure | $6.92B | $5.23B | $3.27B | $3.90B | $2.71B | $2.23B |
| Investing Cash Flow | $-6.60B | $-5.01B | $-3.45B | $-3.92B | $-2.99B | $-2.14B |
| Debt Repayment | $6.70B | $3.53B | $11.65B | $9.57B | $7.73B | $2.30B |
| Stock Repurchased | $1.64B | $1.16B | - | - | - | - |
| Dividends Paid | $1.32B | $824.00M | $107.00M | - | - | - |
| Financing Cash Flow | $-4.10B | $-1.02B | $-1.92B | $-1.99B | $1.74B | $3.04B |
| Net Change in Cash | $782.00M | $437.00M | $-109.00M | $-1.44B | $-766.76M | $-982.70M |
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 | $5.14B | $4.89B | $13.68B | $12.72B |
| Cost of Revenue | $2.48B | $2.39B | $6.84B | $6.60B |
| Selling General & Admin | $522.00M | $451.00M | $1.59B | $1.45B |
| Operating Income | $1.70B | $1.63B | $3.98B | $3.48B |
| Interest Expense | $248.00M | $603.00M | $709.00M | $998.00M |
| Other Income/Expense | $-36.00M | $-26.00M | $-54.00M | $-37.00M |
| Net Income | $1.57B | $1.11B | $3.51B | $2.33B |
| Basic EPS | 5.79 | 4.22 | 12.97 | 8.98 |
| Diluted EPS | 5.74 | 4.21 | 12.83 | 8.91 |
| Basic Shares Outstanding | $272.00M | $263.00M | $271.00M | $259.00M |
| Diluted Shares Outstanding | $274.00M | $264.00M | $275.00M | $280.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $432.00M | $388.00M |
| Accounts Receivable | $356.00M | $371.00M |
| Inventory | $269.00M | $265.00M |
| Other Current Assets | $652.00M | $670.00M |
| Total Current Assets | $1.89B | $1.71B |
| Goodwill | $808.00M | $808.00M |
| Other Non-current Assets | $2.17B | $2.05B |
| Total Assets | $40.11B | $37.07B |
| Accounts Payable | $828.00M | $919.00M |
| Accrued Liabilities | $1.85B | $1.64B |
| Deferred Revenue | $5.60B | $5.50B |
| Total Current Liabilities | $11.47B | $9.82B |
| Long-term Debt | $17.20B | $18.47B |
| Other Non-current Liabilities | $536.00M | $375.00M |
| Total Liabilities | $29.82B | $29.34B |
| Common Stock | $3.00M | $3.00M |
| Retained Earnings | $5.44B | $2.61B |
| Total Stockholders Equity | $10.09B | $7.56B |
| Total Liabilities & Equity | $40.11B | $37.07B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.57B | $1.11B | $3.51B | $2.33B |
| Depreciation & Amortization | $435.00M | $410.00M | $1.26B | $1.19B |
| Stock-based Compensation | - | - | $136.00M | $109.00M |
| Change in Receivables | - | - | $34.00M | $13.00M |
| Change in Inventory | - | - | $4.00M | $17.00M |
| Change in Payables | - | - | $-100.00M | $53.00M |
| Operating Cash Flow | - | - | $4.84B | $3.80B |
| Capital Expenditure | - | - | $3.72B | $2.72B |
| Investing Cash Flow | - | - | $-3.53B | $-2.81B |
| Debt Repayment | - | - | $3.08B | $9.97B |
| Stock Repurchased | - | - | $655.00M | - |
| Dividends Paid | - | - | $552.00M | - |
| Financing Cash Flow | - | - | $-1.27B | $-1.07B |
| Net Change in Cash | - | - | $44.00M | $-79.00M |
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.