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$20.07B
Revenue
$2.89B
Net Income
69.02%
Gross Margin
18.00%
Op. Margin
$5.50B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 17 annual reports available (2009 - 2025)
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 $20.07B $20.07B $16.75B $14.24B $12.68B $11.89B
Revenue Growth % 0.0% 19.9% 17.6% 12.3% 6.7% nan%
Cost of Revenue $6.22B $6.22B $5.26B $4.34B $3.96B $3.71B
+ Gross Profit $13.86B $13.85B $11.49B $9.90B $8.73B $8.18B
Gross Margin % 69.0% 69.0% 68.6% 69.5% 68.8% 68.8%
Operating Expenses $10.24B $10.24B $8.89B $7.55B $7.08B $6.98B
Selling General & Admin $6.89B $6.89B $5.98B $5.19B $4.52B $4.36B
+ Operating Income $3.61B $3.61B $2.60B $2.34B $1.65B $1.20B
Operating Margin % 18.0% 18.0% 15.5% 16.5% 13.0% 10.1%
Interest Expense $349.00M $349.00M $305.00M $265.00M $470.00M $341.00M
Other Income/Expense - $-228.00M $-321.00M $-93.00M $-38.00M $218.00M
Income Before Tax $3.38B $3.38B $2.28B $1.99B $1.14B $1.08B
Income Tax Expense $492.00M $493.00M $436.00M $393.00M $443.00M $36.00M
+ Net Income $2.89B $2.89B $1.85B $1.59B $698.00M $1.04B
Net Margin % 14.4% 14.4% 11.0% 11.2% 5.5% 8.8%
Basic EPS 1.97 1.96 1.26 1.08 0.45 0.69
Diluted EPS 1.94 1.94 1.25 1.07 0.45 0.69
Basic Shares Outstanding - 1.48B 1.47B 1.45B 1.43B 1.42B
Diluted Shares Outstanding - 1.49B 1.49B 1.46B 1.44B 1.43B
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 $1.97B $414.00M $865.00M $928.00M $1.93B
Inventory $2.94B $2.81B $2.48B $1.87B $1.61B
Other Current Assets $660.00M $831.00M $621.00M $731.00M $799.00M
Total Current Assets $8.79B $6.92B $6.51B $5.76B $6.32B
Property Plant & Equipment $4.04B $3.29B $2.86B $2.45B $2.25B
Goodwill $18.28B $17.09B $14.39B $12.92B $11.99B
Intangible Assets $7.02B $6.68B $6.00B $5.90B $6.12B
Other Non-current Assets $1.87B $1.75B $1.53B $1.50B $1.41B
Total Assets $43.67B $39.40B $35.14B $32.47B $32.23B
Accounts Payable $1.14B $960.00M $942.00M $862.00M $794.00M
Short-term Debt $299.00M $1.78B $531.00M $20.00M $261.00M
Accrued Liabilities $3.20B $2.77B $2.65B $2.16B $2.44B
Deferred Revenue $313.00M $306.00M - - -
Other Current Liabilities $795.00M $887.00M $814.00M $761.00M $783.00M
Total Current Liabilities $5.44B $6.40B $4.93B $3.80B $4.27B
Long-term Debt $11.14B $8.97B $8.57B $8.91B $8.80B
Deferred Tax Liabilities $220.00M $155.00M $134.00M $144.00M $310.00M
Other Non-current Liabilities $2.40B $1.87B $1.97B $2.04B $2.22B
Common Stock $17.00M $17.00M $17.00M $17.00M $17.00M
Retained Earnings $5.57B $2.67B $819.00M $-750.00M $-1.39B
Treasury Stock $2.25B $2.25B $2.25B $2.25B $2.25B
Total Stockholders Equity $24.23B $21.77B $19.28B $17.57B $16.62B
Total Liabilities & Equity $43.67B $39.40B $35.14B $32.47B $32.23B
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 $3.56B $2.89B $1.85B $1.59B $698.00M $1.04B
Depreciation & Amortization $2.35B $1.37B $1.27B $1.20B $1.14B $1.09B
Stock-based Compensation $522.00M $299.00M $266.00M $233.00M $220.00M $194.00M
Deferred Income Tax - $-12.00M $-90.00M $73.00M - -
Change in Receivables $515.00M $269.00M $351.00M $238.00M $220.00M $279.00M
Change in Inventory $341.00M $188.00M $228.00M $660.00M $321.00M $346.00M
Operating Cash Flow $6.90B $4.53B $3.44B $2.50B $1.53B $1.87B
Capital Expenditure $1.41B $876.00M $790.00M $711.00M $588.00M $554.00M
Acquisitions $3.08B $1.59B $4.64B $1.81B $1.54B $2.26B
Investing Cash Flow $-4.77B $-2.64B $-5.69B $-2.57B $-2.01B $-1.60B
Stock Issued - - - - - -
Stock Repurchased - - - - - -
Dividends Paid - - - $28.00M $55.00M $55.00M
Financing Cash Flow $-269.00M $-395.00M $1.81B $5.00M $-548.00M $-95.00M
Net Change in Cash $1.99B $1.54B $-450.00M $-70.00M $-1.04B $173.00M
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 $5.07B $4.21B $14.79B $12.19B
Cost of Revenue $1.52B $1.31B $4.61B $3.79B
Gross Profit $3.54B $2.90B $10.18B $8.39B
Operating Expenses $2.49B $2.16B $7.39B $6.47B
Selling General & Admin $1.74B $1.56B $5.05B $4.37B
Operating Income $1.05B $733.00M $2.79B $1.93B
Interest Expense $87.00M $79.00M $259.00M $225.00M
Income Before Tax $939.00M $669.00M $2.69B $1.70B
Income Tax Expense $183.00M $200.00M $463.00M $413.00M
Net Income $755.00M $468.00M $2.22B $1.28B
Basic EPS 0.51 0.32 1.50 0.88
Diluted EPS 0.51 0.32 1.49 0.87
Basic Shares Outstanding $1.48B $1.47B $1.48B $1.47B
Diluted Shares Outstanding $1.50B $1.49B $1.49B $1.48B
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.27B $414.00M
Inventory $2.92B $2.81B
Other Current Assets $701.00M $831.00M
Total Current Assets $8.04B $6.92B
Goodwill $18.21B $17.09B
Intangible Assets $7.16B $6.68B
Other Non-current Assets $1.83B $1.75B
Total Assets $42.71B $39.40B
Accounts Payable $1.00B $960.00M
Short-term Debt $483.00M $1.78B
Accrued Liabilities $2.98B $2.77B
Other Current Liabilities $862.00M $887.00M
Total Current Liabilities $5.33B $6.40B
Long-term Debt $11.12B $8.97B
Deferred Tax Liabilities $242.00M $155.00M
Other Non-current Liabilities $2.39B $1.87B
Common Stock $17.00M $17.00M
Retained Earnings $4.90B $2.67B
Treasury Stock $2.25B $2.25B
Total Stockholders Equity $23.39B $21.77B
Total Liabilities & Equity $42.71B $39.40B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $755.00M $468.00M $2.22B $1.28B
Depreciation & Amortization - - $1.00B $921.00M
Stock-based Compensation - - $228.00M $197.00M
Change in Receivables - - $171.00M $261.00M
Change in Inventory - - $138.00M $274.00M
Operating Cash Flow - - $3.17B $1.98B
Capital Expenditure - - $525.00M $513.00M
Acquisitions - - $1.50B $1.22B
Investing Cash Flow - - $-2.13B $-1.98B
Financing Cash Flow - - $-211.00M $1.60B
Net Change in Cash - - $870.00M $1.59B

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.

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