| Metrics | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $21.85B | $24.11B | $29.31B | $32.65B | $35.93B |
| Cost of Revenue | $4.51B | $4.97B | $5.73B | $6.57B | $7.04B |
| Gross Profit | $17.33B | $19.14B | $23.58B | $26.09B | $28.88B |
| Gross Margin % | 79.35% | 79.38% | 80.44% | 79.89% | 80.40% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | - | - | - |
| SG&A Expenses | $2.48B | $2.52B | $3.04B | $3.22B | $3.79B |
| Other Operating Expenses | $767.00M | $804.00M | $861.00M | $943.00M | $1.50B |
| Total Operating Expenses | $3.24B | $3.33B | $3.90B | $4.16B | $5.29B |
| Operating Performance | |||||
| Operating Income | $14.08B | $15.80B | $18.81B | $21.00B | $23.60B |
| Operating Margin % | 64.46% | 65.56% | 64.19% | 64.31% | 65.68% |
| EBITDA | $15.07B | $17.38B | $20.54B | $22.62B | $25.59B |
| EBITDA Margin % | 69.00% | 72.10% | 70.09% | 65.34% | 71.23% |
| Other Income/Expenses | |||||
| Interest Expense | $516.00M | $513.00M | $538.00M | $644.00M | $641.00M |
| Other Income/Expenses Net | $-291.00M | $259.00M | $-677.00M | $37.00M | $321.00M |
| Income Before Tax | $13.79B | $16.06B | $18.14B | $21.04B | $23.92B |
| Income Tax Expense | $2.92B | $3.75B | $3.18B | $3.76B | $4.17B |
| Net Performance | |||||
| Net Income | $10.87B | $12.31B | $14.96B | $17.27B | $19.74B |
| Net Margin % | 49.74% | 51.07% | 51.03% | 52.90% | 54.95% |
| EPS | $4.90 | $5.63 | $7.02 | $8.29 | $9.88 |
| Diluted EPS | $4.89 | $5.63 | $6.85 | $8.28 | $9.73 |
| Metrics | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $16.29B | $16.49B | $15.69B | $16.29B | $15.06B |
| Short Term Investments | $3.75B | $2.03B | $2.83B | $3.84B | $3.20B |
| Net Receivables | $2.88B | $3.73B | $3.95B | $4.47B | $7.02B |
| Inventory | - | - | $6.46B | - | - |
| Other Current Assets | $4.72B | $5.37B | $1.27B | $8.93B | $8.75B |
| Total Current Assets | $27.65B | $27.61B | $30.21B | $33.53B | $34.03B |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $2.74B | $2.72B | $3.22B | $3.43B | $3.82B |
| Long Term Investments | $231.00M | $1.71B | $2.14B | $1.92B | $2.55B |
| Tax Assets | - | - | $87.00M | $126.00M | - |
| Other Non-Current Assets | $6.59B | $7.25B | $7.00B | $7.39B | $8.28B |
| Total Non-Current Assets | $53.27B | $55.29B | $55.30B | $56.97B | $60.48B |
| Total Assets | |||||
| Total Assets | $80.92B | $82.90B | $85.50B | $90.50B | $94.51B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $174.00M | $266.00M | $340.00M | $375.00M | $479.00M |
| Short Term Debt | $3.00B | $999.00M | $2.25B | - | - |
| Tax Payables | - | - | $365.00M | $1.50B | - |
| Deferred Revenue | - | - | - | $-106.00M | - |
| Other Current Liabilities | $11.34B | $14.47B | $18.26B | $21.22B | $26.04B |
| Total Current Liabilities | $14.51B | $15.74B | $20.85B | $23.10B | $26.52B |
| Non-Current Liabilities | |||||
| Long Term Debt | $21.07B | $19.98B | $20.20B | $20.88B | $20.84B |
| Other Non-Current Liabilities | $3.89B | $3.46B | $3.54B | $2.68B | $2.72B |
| Total Non-Current Liabilities | $30.20B | $29.57B | $29.07B | $28.67B | $28.86B |
| Total Liabilities | |||||
| Total Liabilities | $44.71B | $45.31B | $49.92B | $51.77B | $55.37B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | - | - | $21.87B | $22.15B | - |
| Retained Earnings | $14.09B | $15.35B | $16.12B | $18.04B | $17.29B |
| Accumulated Other Comprehensive Income/Loss | $354.00M | $436.00M | $-2.37B | $-1.32B | $-412.00M |
| Total Shareholders Equity | $36.21B | $37.59B | $35.58B | $38.73B | $39.14B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $80.92B | $82.90B | $85.50B | $90.50B | $94.51B |
| Total Debt | $24.07B | $20.98B | $22.45B | $20.46B | $20.84B |
| Net Debt | $7.78B | $4.49B | $6.76B | $4.18B | $5.77B |
| Metrics | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $10.87B | $12.31B | $14.96B | $17.27B | $19.74B |
| Depreciation & Amortization | $767.00M | $804.00M | $861.00M | $943.00M | $1.03B |
| Stock Based Compensation | $416.00M | $542.00M | $602.00M | $765.00M | $850.00M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $-43.00M | $-343.00M | $-97.00M | $-250.00M | $-237.00M |
| Change in Inventory | - | - | - | $1.21B | - |
| Change in Accounts Payable | $21.00M | $88.00M | $67.00M | $34.00M | $109.00M |
| Other Working Capital Changes | $-8.08B | $-7.51B | $-7.63B | $-11.01B | $-13.13B |
| Total Working Capital Change | $-8.40B | $-6.70B | $-7.66B | $-10.02B | $-15.43B |
| Other Operating | |||||
| Other Non-Cash Items | $6.48B | $7.40B | $10.42B | $12.28B | $14.71B |
| Net Cash from Operations | $10.44B | $15.23B | $18.85B | $20.76B | $19.95B |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | $-736.00M | $-705.00M | $-970.00M | $-1.06B | $-1.26B |
| Purchase of Investments | $-2.34B | $-5.18B | $-6.08B | $-4.48B | $-4.67B |
| Sale of Investments | $4.51B | $5.70B | $4.59B | $3.56B | $5.01B |
| Other Investing Activities | $72.00M | $109.00M | $128.00M | $-25.00M | $-93.00M |
| Net Cash from Investing | $1.43B | $-152.00M | $-4.29B | $-2.01B | $-1.93B |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | - | $-3.00B | $-1.00B | $-2.25B | - |
| Stock Repurchases | $-8.11B | $-8.68B | $-11.59B | $-12.10B | $-16.71B |
| Dividends Paid | $-2.66B | $-2.80B | $-3.20B | $-3.75B | $-4.22B |
| Other Financing Activities | $6.81B | $64.00M | $2.90B | $70.00M | $297.00M |
| Net Cash from Financing | $-3.97B | $-14.41B | $-12.70B | $-17.77B | $-20.63B |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $8.34B | $628.00M | $578.00M | $1.61B | $-2.23B |
| Cash at Beginning of Period | $10.83B | $19.17B | $19.80B | $20.38B | $21.99B |
| Cash at End of Period | $19.17B | $19.80B | $20.38B | $21.99B | $19.76B |
| Key Metrics | |||||
| Operating Cash Flow | $10.44B | $15.23B | $18.85B | $20.76B | $19.95B |
| Capital Expenditure | $-736.00M | $-705.00M | $-970.00M | $-1.06B | $-1.26B |
| Free Cash Flow | $9.70B | $14.52B | $17.88B | $19.70B | $18.69B |