Revenue
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.16B | $4.08B | $3.91B | $5.83B | $5.25B | $4.63B | $4.56B | $3.80B | $5.76B | $5.38B | $6.18B | $6.34B |
| Gross profit | $2.64B | $2.62B | $2.48B | $3.36B | $3.01B | $2.61B | $2.48B | $2.19B | $2.92B | $2.69B | $3.00B | $3.05B |
| Gross margin | 63.50% | 64.18% | 63.29% | 57.73% | 57.23% | 56.29% | 54.41% | 57.53% | 50.75% | 49.93% | 48.55% | 48.12% |
| Research & development | $259.2M | $251.3M | $237.0M | $401.5M | $354.8M | $320.7M | $320.3M | $278.1M | $369.3M | $351.0M | $377.7M | $387.6M |
| Operating expenses | $1.92B | $1.90B | $1.90B | $2.36B | $2.19B | $2.07B | $2.04B | $1.54B | $1.78B | $1.62B | $1.73B | $1.80B |
| Operating income | $720.2M | $716.3M | $574.0M | $987.4M | $812.8M | $539.4M | $443.9M | $645.3M | $1.14B | $1.06B | $1.27B | $1.25B |
| Operating margin | 17.32% | 17.55% | 14.67% | 16.95% | 15.47% | 11.64% | 9.73% | 16.98% | 19.86% | 19.74% | 20.55% | 19.65% |
| EBITDA | $1.16B | $1.15B | $1.00B | $1.45B | $1.21B | $923.4M | $785.4M | $819.5M | $1.30B | $1.22B | $1.45B | $1.42B |
| EBITDA margin | 27.84% | 28.11% | 25.56% | 24.94% | 22.99% | 19.92% | 17.21% | 21.56% | 22.61% | 22.73% | 23.41% | 22.46% |
| Net income | $579.2M | $832.9M | $865.8M | $755.2M | $608.4M | $1.61B | $738.9M | $2.91B | $1.04B | $872.3M | $863.8M | $883.4M |
| Net profit margin | 13.93% | 20.41% | 22.12% | 12.96% | 11.58% | 34.81% | 16.19% | 76.67% | 18.15% | 16.22% | 13.98% | 13.94% |
| Basic EPSper basic share | $1.74 | $2.39 | $2.46 | $2.12 | $1.64 | $4.58 | $1.99 | $8.33 | $3.01 | $2.52 | $2.50 | $2.56 |
| Diluted EPSper diluted share | $1.73 | $2.36 | $2.43 | $2.10 | $1.63 | $4.49 | $1.97 | $8.21 | $2.96 | $2.51 | $2.50 | $2.56 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
Dodge & Cox | 43.98M |
BlackRock, Inc. | 26.62M |
PRICE T ROWE ASSOCIATES INC /MD/ | 24.38M |
VANGUARD CAPITAL MANAGEMENT LLC | 19.94M |
VIKING GLOBAL INVESTORS LP | 19.93M |
STATE STREET CORP | 13.62M |
VANGUARD PORTFOLIO MANAGEMENT LLC | 12.79M |
FLOSSBACH VON STORCH SE | 12.11M |
GEODE CAPITAL MANAGEMENT, LLC | 9.15M |
Invesco Ltd. | 8.9M |
BARROW HANLEY MEWHINNEY & STRAUSS LLC | 8.64M |
NORGES BANK | 7.34M |
GOLDMAN SACHS GROUP INC | 4.26M |
UBS Group AG | 4.25M |
NORDEA INVESTMENT MANAGEMENT AB | 4.17M |
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 4.13M |
NORTHERN TRUST CORP | 3.92M |
BARCLAYS PLC | 3.69M |
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 3.62M |
MANUFACTURERS LIFE INSURANCE COMPANY, THE | 3.47M |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 4, 2026Form 4 | Underwood Peter CSVP - Chief Legal Officer | SellCommon Stock | 47.6K | $60.81 | $2.89M | 87.8K |
| Feb 18, 2026Form 4 | MITCHELL KATEDirector | SellCommon Stock | 7.1K | $58.34 | $416.0K | 31.8K |
| Nov 10, 2025Form 4 | Underwood Peter CSVP - Chief Legal Officer | SellCommon Stock | 58.1K | $51.28 | $2.98M | 80.1K |
| Oct 31, 2025Form 4 | Walker Stacey A.SVP - Chief People Officer | SellCommon Stock | 2.2K | $50.35 | $110.4K | 59.5K |
| Aug 1, 2025Form 4 | Okerstrom Mark DChief Financial Officer | BuyCommon Stock | 21.3K | $47.03 | $1.00M | 94.6K |