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 20, 2026 | 2024 Dec 31, 2024 Feb 25, 2025 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 | 2020 Dec 31, 2020 Dec 31, 2020 |
|---|
Total Revenue | 5.50B 6.0% | 5.19B 3.4% | 5.02B 2.9% | 4.88B 3.8% | 4.70B 8.1% | 4.35B |
Cost of Revenue | 2.20B 5.6% | 2.09B 1.5% | 2.12B 0.5% | 2.11B 6.2% | 1.99B 8.1% | 1.84B |
Gross Profit | 3.30B 6.2% | 3.10B 7.0% | 2.90B 4.8% | 2.77B 2.1% | 2.71B 8.1% | 2.51B |
Gross Margin % | 60.00% 0.0% | 60.00% 3.4% | 58.00% 1.8% | 57.00% 1.7% | 58.00% 0.0% | 58.00% |
Research & Development | 266.00M 5.1% | 253.00M 12.4% | 225.00M 3.7% | 217.00M 11.1% | 244.00M 11.4% | 219.00M |
General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 1.76B 6.8% | 1.64B 7.0% | 1.54B 4.2% | 1.47B 3.2% | 1.43B 6.6% | 1.34B |
Other Operating Expenses | 0.00 | 0.00 | 0.00 100.0% | 1.00M 83.3% | 6.00M 700.0% | -1.00M |
Total Operating Expenses | 2.02B 6.6% | 1.90B 7.7% | 1.76B 4.1% | 1.69B 1.1% | 1.67B 7.2% | 1.56B |
Cost and Expenses | 4.23B 6.0% | 3.98B 2.7% | 3.88B 2.1% | 3.80B 3.9% | 3.66B 7.7% | 3.40B |
Operating Income | 1.28B 5.7% | 1.21B 6.0% | 1.14B 5.8% | 1.08B 3.6% | 1.04B 9.5% | 951.00M |
Operating Margin % | 23.00% 0.0% | 23.00% 0.0% | 23.00% 4.5% | 22.00% 0.0% | 22.00% 0.0% | 22.00% |
EBITDA | 1.35B 5.5% | 1.28B 5.3% | 1.21B 0.1% | 1.21B 5.9% | 1.15B 7.9% | 1.06B |
EBITDA Margin % | 24.00% 4.0% | 25.00% 4.2% | 24.00% 4.0% | 25.00% 4.2% | 24.00% 0.0% | 24.00% |
Interest Expense | 96.00M 15.0% | 113.00M 276.7% | 30.00M 79.5% | 146.00M | 0.00 | 0.00 |
Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income (Expense) | -104.00M 14.8% | -122.00M 177.3% | -44.00M 4500.0% | 1.00M 83.3% | 6.00M 700.0% | -1.00M |
Pre-Tax Income | 1.17B 8.0% | 1.09B 0.9% | 1.10B 17.5% | 933.00M 10.9% | 1.05B 10.2% | 950.00M |
Pre-Tax Margin % | 21.00% 0.0% | 21.00% 4.5% | 22.00% 15.8% | 19.00% 13.6% | 22.00% 0.0% | 22.00% |
Tax Provision | 233.00M 7.9% | 253.00M 1.6% | 257.00M 14.7% | 224.00M 20.4% | 186.00M 17.7% | 226.00M |
Net Income | 940.00M 12.8% | 833.00M 0.7% | 839.00M 0.7% | 845.00M 1.9% | 861.00M 18.9% | 724.00M |
Net Margin % | 17.00% 6.3% | 16.00% 5.9% | 17.00% 0.0% | 17.00% 5.6% | 18.00% 5.9% | 17.00% |
Basic EPS | 3.79 13.5% | 3.34 2.1% | 3.41 0.6% | 3.43 2.0% | 3.50 19.0% | 2.94 |
Diluted EPS | 3.76 12.6% | 3.34 2.1% | 3.41 0.6% | 3.43 2.0% | 3.50 19.0% | 2.94 |
Basic Shares Outstanding | 248.30M 0.4% | 247.30M 0.4% | 246.40M 0.1% | 246.10M 0.0% | 246.10M 0.0% | 246.10M |
Diluted Shares Outstanding | 250.30M 0.3% | 249.60M 1.3% | 246.40M 0.1% | 246.10M 0.0% | 246.10M 0.0% | 246.10M |