Financial statements and analysis
Showing the last 6 fiscal years: 2020 to 2025
Chart shows data from left to right: oldest period → newest period
X-axis shows fiscal years with their term end dates and filing dates
Period names from company filings, with term end dates and filing dates
Income Statement (USD) Term End Date Filing Date | 2025 Dec 31, 2025 Feb 3, 2026 | 2024 Dec 31, 2024 Jan 31, 2025 | 2023 Dec 31, 2023 Jan 31, 2024 | 2022 Dec 31, 2022 Feb 10, 2023 | 2021 Dec 31, 2021 Feb 3, 2022 | 2020 Dec 31, 2020 Feb 10, 2021 | 2019 Dec 31, 2019 Feb 7, 2020 | 2018 Dec 31, 2018 Feb 4, 2019 |
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Total Revenue | 10.06B 20.5% | 8.35B 17.2% | 7.12B 14.5% | 6.22B 9.0% | 5.71B 31.0% | 4.36B 2.7% | 4.48B 20.3% | 3.72B 19.0% |
Cost of Revenue | 3.42B 25.9% | 2.72B 13.5% | 2.39B 18.2% | 2.03B 15.7% | 1.75B 17.0% | 1.50B 9.4% | 1.37B 22.2% | 1.12B 19.8% |
Gross Profit | 6.64B 17.9% | 5.63B 19.1% | 4.73B 12.7% | 4.20B 6.0% | 3.96B 38.4% | 2.86B 8.0% | 3.11B 19.4% | 2.60B 18.7% |
Gross Margin % | 66.00% 1.5% | 67.00% 1.5% | 66.00% 1.5% | 67.00% 2.9% | 69.00% 4.5% | 66.00% 4.3% | 69.00% 1.4% | 70.00% 0.0% |
Research & Development | 1.31B 14.5% | 1.15B 14.7% | 998.80M 13.6% | 879.00M 31.0% | 671.00M 12.8% | 595.10M 6.8% | 557.30M 33.3% | 418.10M 27.2% |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 986.60M 21.7% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 2.38B 11.4% | 2.14B 9.0% | 1.96B 12.9% | 1.74B 18.6% | 1.47B 20.6% | 1.22B 3.2% | 1.18B 19.4% | 986.60M 21.7% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 3.70B 12.5% | 3.29B 10.9% | 2.96B 13.1% | 2.62B 22.5% | 2.14B 18.0% | 1.81B 4.4% | 1.74B 23.6% | 1.40B 23.3% |
Cost and Expenses | 7.12B 18.6% | 6.00B 12.1% | 5.36B 15.3% | 4.65B 19.4% | 3.89B 17.5% | 3.31B 6.6% | 3.10B 22.9% | 2.52B 21.7% |
Operating Income | 2.95B 25.4% | 2.35B 32.9% | 1.77B 12.0% | 1.58B 13.4% | 1.82B 73.5% | 1.05B 23.6% | 1.37B 14.6% | 1.20B 13.7% |
Operating Margin % | 29.00% 3.6% | 28.00% 12.0% | 25.00% 0.0% | 25.00% 21.9% | 32.00% 33.3% | 24.00% 22.6% | 31.00% 3.1% | 32.00% 5.9% |
EBITDA | 3.99B 41.9% | 2.81B 29.6% | 2.17B 11.6% | 1.94B 8.8% | 2.13B 60.7% | 1.33B 15.9% | 1.58B 19.3% | 1.32B 14.2% |
EBITDA Margin % | 40.00% 17.6% | 34.00% 13.3% | 30.00% 3.2% | 31.00% 16.2% | 37.00% 23.3% | 30.00% 14.3% | 35.00% 2.8% | 36.00% 2.7% |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Income | 365.90M 12.6% | 324.90M 69.1% | 192.10M 546.8% | 29.70M 57.1% | 69.30M 55.9% | 157.20M 23.1% | 127.70M 59.4% | 80.10M |
Other Income (Expense) | 365.90M 12.6% | 324.90M 69.1% | 192.10M 546.8% | 29.70M 57.1% | 69.30M 55.9% | 157.20M 23.1% | 127.70M 59.4% | 80.10M 91.2% |
Pre-Tax Income | 3.31B 23.8% | 2.67B 36.5% | 1.96B 21.9% | 1.61B 15.0% | 1.89B 56.6% | 1.21B 19.7% | 1.50B 17.4% | 1.28B 16.7% |
Pre-Tax Margin % | 33.00% 3.1% | 32.00% 18.5% | 27.00% 3.8% | 26.00% 21.2% | 33.00% 17.9% | 28.00% 17.6% | 34.00% 0.0% | 34.00% 2.9% |
Tax Provision | 434.80M 29.3% | 336.30M 137.5% | 141.60M 46.0% | 262.40M 61.8% | 162.20M 15.7% | 140.20M 16.4% | 120.40M 22.1% | 154.50M 64.6% |
Net Income | 2.86B 23.0% | 2.32B 29.2% | 1.80B 36.0% | 1.32B 22.4% | 1.70B 60.7% | 1.06B 23.1% | 1.38B 22.3% | 1.13B 70.9% |
Net Margin % | 28.00% 0.0% | 28.00% 12.0% | 25.00% 19.0% | 21.00% 30.0% | 30.00% 25.0% | 24.00% 22.6% | 31.00% 3.3% | 30.00% 42.9% |
Basic EPS | 8.00 22.3% | 6.54 27.7% | 5.12 37.6% | 3.72 22.3% | 4.79 58.6% | 3.02 24.1% | 3.98 20.2% | 3.31 68.0% |
Diluted EPS | 7.87 22.6% | 6.42 27.6% | 5.03 37.8% | 3.65 21.7% | 4.66 58.5% | 2.94 23.6% | 3.85 21.8% | 3.16 67.2% |
Basic Shares Outstanding | 356.90M 0.5% | 355.20M 1.1% | 351.20M 1.3% | 355.70M 0.1% | 356.10M 1.5% | 351.00M 1.4% | 346.20M 1.5% | 341.10M 1.8% |
Diluted Shares Outstanding | 362.70M 0.2% | 362.00M 1.3% | 357.40M 1.3% | 362.00M 1.0% | 365.80M 1.4% | 360.90M 0.7% | 358.50M 0.6% | 356.40M 2.1% |