NASDAQ · MORNFinancialsSecurities & Investments

Morningstar financials

$191.56−2.26%
Close Sep 28, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
FY20
Dec 31
FY19
Dec 31
FY18
Dec 31
FY17
Dec 31
FY16
Dec 31
Revenue$2.45B$2.28B$2.04B$1.87B$1.70B$1.39B$1.18B$1.02B$911.7M$798.6M
Gross profit$1.49B$1.38B$1.20B$1.09B$1.00B$833.1M$695.9M$608.8M$525.1M$454.3M
Gross margin61.0%60.6%58.6%58.3%58.9%60.0%59.0%59.7%57.6%56.9%
Operating income$501.7M$420.8M$230.6M$167.8M$257.0M$215.2M$189.6M$215.8M$169.8M$180.8M
Net income$374.2M$369.9M$141.1M$70.5M$193.3M$223.6M$152.0M$183.0M$136.9M$161.0M
Net margin15.3%16.3%6.9%3.8%11.4%16.1%12.9%17.9%15.0%20.2%
Diluted EPS$8.87$8.58$3.29$1.64$4.45$5.18$3.52$4.25$3.18$3.72
EBITDA$691.6M$611.2M$415.5M$334.4M$407.7M$354.7M$307.3M$312.5M$261.0M$251.5M
Operating cash flow$589.7M$591.6M$316.4M$297.8M$449.9M$384.3M$334.4M$314.8M$250.1M$213.7M
Free cash flow$442.6M$448.9M$197.3M$168.3M$348.1M$307.6M$254.4M$238.7M$183.5M$150.9M
Diluted shares42.2M43.1M42.9M42.9M43.4M43.2M43.2M43.0M43.0M43.3M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$474.5M$502.7M$337.9M$376.6M$483.8M$422.5M
Short-term investments$54.2M$48.3M$51.1M$38.0M$62.3M$41.7M
Total debt$1.07B$698.6M$972.4M$1.11B$359.4M$449.1M
Total assets$3.59B$3.55B$3.40B$3.47B$2.86B$2.70B
Total liabilities$2.37B$1.93B$2.08B$2.27B$1.45B$1.42B
Shareholders' equity$1.22B$1.62B$1.33B$1.21B$1.42B$1.27B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology