ANET - Arista Networks, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$225.25
DETAILS
HIGH:
$289.00
LOW:
$164.00
MEDIAN:
$237.50
CONSENSUS:
$225.25
UPSIDE:
15.29%
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | 2012 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 3,035.7 | 2,709 | 2,487.8 | 2,308.3 | 2,204.8 | 2,004.8 | 1,930.4 | 1,810.9 | 1,690.4 | 1,571.4 | 1,540.4 | 1,509.5 | 1,458.9 | 1,351.4 | 1,275.6 | 1,176.8 | 1,051.9 | 877.1 | 824.5 | 748.7 | 707.3 | 667.6 | 648.5 | 605.4 | 540.6 | 523.0 | 552.5 | 654.4 | 608.3 | 595.4 | 595.7 | 563.3 | 519.8 | 472.5 | 467.9 | 437.6 | 405.2 | 335.5 | 328.0 | 290.3 | 268.7 | 242.2 | 245.4 | 217.5 | 195.6 | 179.0 | 173.5 | 155.5 | 137.9 | 117.2 | 114.8 | 101.6 | 83.5 | 61.3 | 57.3 |
| Cost of Revenue | 1,125.4 | 1,032.2 | 924 | 818.1 | 766.2 | 728.7 | 699.4 | 649.2 | 593.2 | 570 | 541.2 | 567.0 | 574.8 | 546.8 | 506.9 | 466.8 | 408.6 | 323.2 | 301.7 | 270.1 | 253.1 | 242.3 | 233.9 | 220.5 | 196.5 | 184.8 | 196.2 | 237.1 | 218.1 | 214.9 | 220.7 | 201.7 | 186.0 | 169.6 | 160.7 | 157.0 | 145.4 | 121.3 | 117.8 | 103.8 | 97.3 | 87.1 | 89.3 | 75.8 | 67.7 | 61.3 | 57.0 | 54.5 | 44.6 | 35.9 | 37.3 | 36.6 | 29.6 | 19.2 | 16.0 |
| Gross Profit | 1,910.3 | 1,676.8 | 1,563.8 | 1,490.2 | 1,438.6 | 1,276.1 | 1,231.0 | 1,161.7 | 1,097.2 | 1,001.4 | 999.2 | 942.4 | 884.1 | 804.5 | 768.6 | 710.0 | 643.3 | 553.8 | 522.7 | 478.6 | 454.2 | 425.3 | 414.6 | 385.0 | 344.1 | 338.3 | 356.3 | 417.3 | 390.2 | 380.6 | 375.0 | 361.6 | 333.9 | 302.9 | 307.2 | 280.6 | 259.8 | 214.2 | 210.2 | 186.4 | 171.5 | 155.1 | 156.2 | 141.7 | 127.9 | 117.8 | 116.4 | 101.0 | 93.4 | 81.3 | 77.5 | 65.0 | 53.9 | 42.1 | 41.4 |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| R&D Expenses | 348.2 | 343.7 | 348.4 | 326 | 296.5 | 266.4 | 285.0 | 235.8 | 267.5 | 208.4 | 211.5 | 212.4 | 229.7 | 201.4 | 190.4 | 187.8 | 178.2 | 172.0 | 157.9 | 153.1 | 143.3 | 132.5 | 133.8 | 128.0 | 111.5 | 113.2 | 110.1 | 118.7 | 114.3 | 119.7 | 118.4 | 117.6 | 104.1 | 102.4 | 107.2 | 79.6 | 81.2 | 81.6 | 71.4 | 70.6 | 69.0 | 62.5 | 57.4 | 58.7 | 49.9 | 43.3 | 44.3 | 36.2 | 34.9 | 33.4 | 31.4 | 26.6 | 21.1 | 19.5 | 18.5 |
| SG&A Expenses | 184.1 | 175.3 | 182.5 | 186 | 155.9 | 150.9 | 146.3 | 140.6 | 130.1 | 132.8 | 147.8 | 127.4 | 124.4 | 118.5 | 109.3 | 104.8 | 102.3 | 103.9 | 99.0 | 92.2 | 91.5 | 86.5 | 86.1 | 68.5 | 65.6 | 75.4 | 70.3 | 69.9 | 69.1 | 66.6 | 62.9 | 63.2 | 64.6 | 61.8 | 60.6 | 60.2 | 61.9 | 59.2 | 61.3 | 52.8 | 49.3 | 42.8 | 49.4 | 51.7 | 45.1 | 38.7 | 33.1 | 30.9 | 27.8 | 25.9 | 23.6 | 19.8 | 16.6 | 13.9 | 11.8 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 405 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 532.3 | 519 | 530.9 | 512 | 452.4 | 417.3 | 431.3 | 376.4 | 397.6 | 341.2 | 359.3 | 339.7 | 354.1 | 319.9 | 299.7 | 292.6 | 280.4 | 275.9 | 256.9 | 245.3 | 234.8 | 219.0 | 219.9 | 196.6 | 177.1 | 188.6 | 180.3 | 188.7 | 183.4 | 186.2 | 181.3 | 180.8 | 573.7 | 164.2 | 167.8 | 139.8 | 143.1 | 140.8 | 132.7 | 123.4 | 118.3 | 105.4 | 106.8 | 110.5 | 95.0 | 82.0 | 77.4 | 67.1 | 62.7 | 59.3 | 55.0 | 46.4 | 37.6 | 33.4 | 30.3 |
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Income | 1,378 | 1,157.8 | 1,032.9 | 978.2 | 986.2 | 858.8 | 799.7 | 785.3 | 699.6 | 660.2 | 639.9 | 602.7 | 530.1 | 484.6 | 468.9 | 417.3 | 362.9 | 278.0 | 265.8 | 233.3 | 219.4 | 206.3 | 194.6 | 188.4 | 167.0 | 149.7 | 176.0 | 228.6 | 206.8 | 194.3 | 193.6 | 180.8 | (239.8) | 138.7 | 139.4 | 140.8 | 116.6 | 73.4 | 77.5 | 63.0 | 53.2 | 49.7 | 49.4 | 31.3 | 32.9 | 35.8 | 39.0 | 33.9 | 30.7 | 22.0 | 22.5 | 18.6 | 16.3 | 8.7 | 11.0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.7 | 0.9 | 0.7 | 0.7 | 0.8 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 2.2 | 2.5 | 1.8 | 1.8 | 1.8 | 1.8 | 0 |
| Interest Income | 0 | 109.2 | 103 | 99.8 | 90.4 | 90.2 | 90.4 | 85.4 | 71.4 | 63.8 | 54.0 | 43.7 | 32.2 | 22.5 | 13.8 | 6.9 | 4.4 | 2.4 | 1.7 | 1.6 | 1.9 | 2.0 | 2.5 | 4.3 | 8.7 | 11.7 | 12.7 | 13.4 | 13.1 | 11.9 | 9.7 | 8.6 | 8.0 | 5.4 | 0 | 2.3 | 1.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.7 |
| Profitability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EBITDA | 1,551 | 1,294.7 | 1,160.2 | 1,100.3 | 1,093 | 968.8 | 904.3 | 898.5 | 785.9 | 738.4 | 708.8 | 661.5 | 604.7 | 517.6 | 503.4 | 441.3 | 377.2 | 322.6 | 279.8 | 247.3 | 233.7 | 218.9 | 246.4 | 199.2 | 178.0 | 159.9 | 183.9 | 236.8 | 215.2 | 202.7 | 208.4 | 197.2 | (235.7) | 149.3 | 147.7 | 148.3 | 122.8 | 79.4 | 83.0 | 68.8 | 58.5 | 54.9 | 53.2 | 34.8 | 36.6 | 38.2 | 41.5 | 35.7 | 36.3 | 24.3 | 24.4 | 19.6 | 17.0 | 9.4 | 11.6 |
| EBIT | 1,504.3 | 1,271.4 | 1,137.4 | 1,077.1 | 1,080.2 | 955 | 888.9 | 882.9 | 770.4 | 722.8 | 694.4 | 644.5 | 586.4 | 496.7 | 485.8 | 424.2 | 362.3 | 309.5 | 267.3 | 234.6 | 221.1 | 206.3 | 233.8 | 188.4 | 167.0 | 149.7 | 176.0 | 228.6 | 206.8 | 194.3 | 199.2 | 190.1 | (241.3) | 143.6 | 142.4 | 143.0 | 117.8 | 74.4 | 78.1 | 63.7 | 53.6 | 50.1 | 49.3 | 31.3 | 33.3 | 35.3 | 38.9 | 33.0 | 33.9 | 22.0 | 21.9 | 18.6 | 16.3 | 8.6 | 11.0 |
| Income Before Tax | 1,504.3 | 1,271.4 | 1,137.4 | 1,077.1 | 1,080.2 | 955 | 888.9 | 882.9 | 770.4 | 722.8 | 694.4 | 644.5 | 586.4 | 496.7 | 485.8 | 424.2 | 362.3 | 309.5 | 267.3 | 234.6 | 221.1 | 207.9 | 200.2 | 201.6 | 175.2 | 161.8 | 187.2 | 247.8 | 220.6 | 206.7 | 198.5 | 189.4 | (242.0) | 142.9 | 141.6 | 142.3 | 117.1 | 73.7 | 77.1 | 62.9 | 52.8 | 49.3 | 48.5 | 30.6 | 32.4 | 34.5 | 38.1 | 32.3 | 31.7 | 19.4 | 20.1 | 16.8 | 14.5 | 6.9 | 9.3 |
| Income Tax Expense | 291.4 | 248.5 | 181.6 | 224.1 | 191.4 | 141.2 | 87.9 | 134.9 | 105 | 85.1 | 80.8 | 99.2 | 94.5 | 60.3 | 58.8 | 70.2 | 63.2 | 37.2 | 28.0 | 10.3 | 24.2 | 27.5 | 17.2 | 33.2 | 30.5 | 23.4 | (73.5) | 38.9 | 31.4 | 5.6 | 28.2 | 20.9 | (86.7) | (1.6) | 37.8 | 8.5 | 14.4 | (9.2) | 18.4 | 11.7 | 13.9 | 14.1 | 4.6 | 1.9 | 8.4 | 10.0 | 7.0 | 10.4 | 10.1 | 7.1 | 6.3 | 5.0 | 4.2 | 0.3 | 3.0 |
| Net Income | 1,212.9 | 1,022.9 | 955.8 | 853 | 888.8 | 813.8 | 801.0 | 748 | 665.4 | 637.7 | 613.6 | 545.3 | 491.9 | 436.5 | 427.1 | 354.0 | 299.1 | 272.3 | 239.3 | 224.3 | 196.9 | 180.4 | 183.0 | 168.4 | 144.8 | 138.4 | 260.7 | 208.9 | 189.3 | 201.0 | 170.3 | 168.5 | (155.3) | 144.5 | 103.8 | 133.7 | 102.7 | 83.0 | 58.8 | 51.3 | 38.9 | 35.2 | 43.9 | 28.7 | 24.0 | 24.5 | 31.0 | 21.9 | 21.6 | 12.3 | 13.7 | 11.9 | 10.3 | 6.6 | 6.3 |
| Per Share Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.96 | 0.81 | 0.76 | 0.68 | 0.71 | 0.65 | 0.64 | 0.60 | 0.53 | 0.51 | 0.49 | 0.44 | 0.40 | 0.36 | 0.35 | 0.29 | 0.25 | 0.22 | 0.20 | 0.18 | 0.16 | 0.15 | 0.15 | 0.14 | 0.12 | 0.11 | 0.21 | 0.17 | 0.15 | 0.17 | 0.14 | 0.14 | -0.13 | 0.12 | 0.09 | 0.12 | 0.09 | 0.07 | 0.05 | 0.05 | 0.04 | 0.03 | 0.04 | 0.03 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 |
| EPS (Diluted) | 0.95 | 0.80 | 0.75 | 0.67 | 0.70 | 0.64 | 0.62 | 0.58 | 0.52 | 0.50 | 0.48 | 0.43 | 0.39 | 0.35 | 0.34 | 0.28 | 0.24 | 0.21 | 0.19 | 0.18 | 0.15 | 0.14 | 0.14 | 0.13 | 0.11 | 0.11 | 0.20 | 0.16 | 0.15 | 0.15 | 0.13 | 0.13 | -0.12 | 0.11 | 0.08 | 0.11 | 0.08 | 0.07 | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 |
| Shares Outstanding | 1,258.9 | 1,257.7 | 1,257.8 | 1,258 | 1,256.3 | 1,260 | 1,260.3 | 1,257.9 | 1,254.8 | 1,252.1 | 1,246.4 | 1,240.7 | 1,234.5 | 1,227.9 | 1,224.6 | 1,219.7 | 1,227.0 | 1,232.2 | 1,230.1 | 1,229.8 | 1,223.4 | 1,220.9 | 1,213.8 | 1,216.0 | 1,212.9 | 1,220.2 | 1,221.5 | 1,222.8 | 1,224.8 | 1,214.7 | 1,207.6 | 1,200.2 | 1,192.0 | 1,183.9 | 1,173.0 | 1,161.4 | 1,151.9 | 1,137.8 | 1,119.7 | 1,105.2 | 1,092.4 | 1,083.8 | 1,073.8 | 1,066.1 | 1,048.4 | 1,034.2 | 1,011.0 | 998.4 | 1,007.9 | 1,017.3 | 1,221.3 | 1,221.5 | 1,221.5 | 850.0 | 1,021.1 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2012 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 2,290.2 | 2,789.5 | 1,963.9 | 2,326.6 | 2,225.5 | 1,845.1 | 2,762.4 | 3,175.1 | 2,429.0 | 2,092.1 | 1,938.6 | 1,748.8 | 1,261.8 | 956.3 | 671.7 | 716.3 | 493.2 | 635.0 | 620.8 | 631.0 | 893.7 | 843.3 | 893.2 | 970.3 | 800.2 | 761.3 | 1,111.3 | 1,095.3 | 944.4 | 809.5 | 650.0 | 524.7 | 711.2 | 886.2 | 859.2 | 854.5 | 823.5 | 746.6 | 567.9 | 500.5 | 531.1 | 710.7 | 687.3 | 418.5 | 343.0 | 275.2 | 240.0 | 408.6 | 397.2 | 129.5 | 113.7 | 120.0 | 88.7 |
| Short-Term Investments | 11,053.1 | 9,563.7 | 8,779.1 | 7,779.6 | 6,618.9 | 6,304.5 | 5,541.1 | 4,253.2 | 3,844.9 | 3,357.6 | 3,069.4 | 2,706.8 | 2,479.3 | 2,374.8 | 2,352.0 | 2,263.8 | 2,408.7 | 2,788.9 | 2,787.5 | 2,755.5 | 2,388.0 | 2,184.3 | 1,979.6 | 1,875.6 | 1,981.6 | 1,875.7 | 1,613.1 | 1,351.8 | 1,313.4 | 1,341.4 | 1,306.2 | 1,137.1 | 1,149.2 | 851.9 | 676.4 | 488.6 | 301.4 | 296.7 | 299.9 | 299.7 | 292.8 | 51.6 | 0 | 150.1 | 208.8 | 209.2 | 209.4 | 0 | 0 | 0 | 4 | 0 | 0 |
| Net Receivables | 2,266.2 | 1,923.8 | 1,886.9 | 1,489.4 | 1,623.6 | 1,435.9 | 1,140.5 | 1,130.9 | 1,226.8 | 1,090.0 | 1,034.4 | 833.4 | 779.7 | 862.9 | 923.1 | 651.5 | 585.8 | 648.6 | 516.5 | 395.6 | 364.2 | 380.5 | 389.5 | 300.2 | 383.2 | 352.2 | 392.0 | 447.3 | 343.1 | 271.2 | 331.8 | 322.1 | 260.9 | 207.3 | 247.3 | 212.6 | 269.6 | 209.1 | 253.1 | 210.2 | 146.7 | 135.1 | 144.3 | 160.2 | 122.3 | 113.1 | 97.0 | 92.1 | 75.9 | 67.0 | 78.0 | 65.4 | 50.9 |
| Inventory | 2,535.3 | 2,380 | 2,247.1 | 2,155.7 | 2,059.1 | 1,957.3 | 1,834.6 | 1,770.0 | 1,853.8 | 2,025.2 | 1,945.2 | 1,893.5 | 1,864.3 | 1,682.7 | 1,289.7 | 1,100.5 | 852.8 | 694.2 | 650.1 | 575.7 | 543.2 | 483.2 | 479.7 | 438.1 | 327.0 | 261.8 | 243.8 | 239.8 | 314.2 | 347.2 | 264.6 | 216.3 | 245.4 | 268.1 | 306.2 | 333.2 | 363.8 | 286.8 | 236.5 | 162.1 | 118.1 | 84.0 | 92.1 | 109.9 | 100.3 | 91.2 | 78.0 | 62.6 | 71.1 | 79.0 | 67.1 | 51.3 | 24.2 |
| Other Current Assets | 2,018.6 | 1,899.7 | 1,510 | 1,433.5 | 976.4 | 733.5 | 632.3 | 435.0 | 487.8 | 361.3 | 0.0 | 274.1 | 167.5 | 125.4 | 0 | 142.6 | 256.1 | 217.4 | 172.9 | 90.2 | 81.0 | 69.8 | 60.6 | 43.3 | 57.0 | 50.4 | 64.5 | 52.8 | 43.7 | 63.4 | 95.7 | 118.3 | 87.2 | 82.8 | 96.2 | 126.2 | 124.4 | 112.2 | 79.1 | 55.4 | 27.5 | 27.8 | 29.3 | 57.0 | 40.1 | 15.1 | 23.8 | 8.7 | 8.7 | 9.0 | 17.5 | 25.5 | 6.3 |
| Total Current Assets | 20,163.4 | 18,556.7 | 16,387 | 15,184.8 | 13,503.5 | 12,276.3 | 11,910.8 | 10,877.9 | 9,842.3 | 8,926.3 | 8,400.1 | 7,655.0 | 6,851.6 | 6,270.5 | 5,550.7 | 5,031.7 | 4,729.2 | 5,105.2 | 4,812.7 | 4,524.0 | 4,328.4 | 4,002.9 | 3,837.0 | 3,653.9 | 3,576.9 | 3,336.9 | 3,471.6 | 3,240.4 | 3,028.5 | 2,901.0 | 2,714.8 | 2,436.0 | 2,620.6 | 2,379.2 | 2,266.4 | 2,075.5 | 1,949.2 | 1,736.8 | 1,526.1 | 1,324.2 | 1,142.1 | 1,023.1 | 974.3 | 921.1 | 850.2 | 736.0 | 679.5 | 588.4 | 562.7 | 292.0 | 282.8 | 262.2 | 177.2 |
| Non-Current Assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 312.5 | 250.3 | 203.1 | 172.6 | 152.3 | 123.9 | 98.8 | 93.0 | 96.3 | 97.9 | 101.6 | 161.5 | 163.0 | 161.2 | 95.0 | 154.7 | 153.7 | 154.1 | 143.8 | 144.7 | 102.9 | 105.4 | 109.5 | 112.6 | 114.5 | 121.2 | 127.0 | 132.1 | 135.2 | 140.1 | 75.4 | 75.4 | 73.7 | 73.8 | 74.3 | 73.1 | 75.8 | 76.3 | 77.0 | 78.1 | 79.7 | 79.9 | 79.7 | 75.2 | 73.2 | 72.8 | 71.6 | 67.0 | 68.8 | 67.6 | 67.2 | 66.1 | 30.5 |
| Goodwill | 416.1 | 416.1 | 416.1 | 416.2 | 416.5 | 268.5 | 268.5 | 268.5 | 268.5 | 268.5 | 268.5 | 268.5 | 268.5 | 265.9 | 265.9 | 271.0 | 273.5 | 216.9 | 188.4 | 188.4 | 188.3 | 188.3 | 189.7 | 85.0 | 85.0 | 84.8 | 54.9 | 54.9 | 53.7 | 53.7 | 53.7 | 55.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 258.2 | 273.5 | 0 | 304.1 | 319.8 | 56.4 | 62.0 | 68.7 | 75.4 | 82.1 | 88.8 | 95.5 | 103.6 | 112.9 | 122.2 | 131.5 | 140.8 | 105.2 | 93.6 | 100.7 | 108.0 | 115.4 | 122.8 | 77.8 | 83.6 | 89.4 | 45.2 | 48.3 | 51.6 | 55.1 | 58.6 | 62.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62.3 | 61.8 | 39.4 | 39.5 | 39.7 | 38.3 | 38.6 | 20.2 | 18.2 | 13.6 | 10.3 | 8.3 | 4.2 | 4.2 | 4.2 | 4.2 | 4.2 | 31.5 | 31.5 | 30.3 | 35.0 | 35.0 | 36.1 | 36.1 | 36.1 | 36.1 | 36.1 | 36.1 | 36.1 | 39.1 | 36.6 | 36.6 | 36.6 | 36.6 | 36.6 | 36.6 | 18 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 568.3 | 272.7 | 668.8 | 305.7 | 339.6 | 245.2 | 263.3 | 220.3 | 163.5 | 149.5 | 151.9 | 33.3 | 31.7 | 47.1 | 127.1 | 59.7 | 46.6 | 41.8 | 33.4 | 32.5 | 33.4 | 33.2 | 30.1 | 22.8 | 25.5 | 27.0 | 30.3 | 29.4 | 27.1 | 25.1 | 22.7 | 20.2 | 20.0 | 22.9 | 18.9 | 21.3 | 20.3 | 19.9 | 18.8 | 18.4 | 18.8 | 20.2 | 20.8 | 20.9 | 17.1 | 17.3 | 11.8 | 9.6 | 3.8 | 10.0 | 10.0 | 9.5 | 10.8 |
| Total Non-Current Assets | 3,556.7 | 3,099.8 | 3,061.6 | 2,864 | 3,030.7 | 2,238.3 | 2,133.1 | 1,968.8 | 1,780.9 | 1,623.9 | 1,556.6 | 1,414.0 | 1,334.5 | 1,272.5 | 1,224.7 | 1,130.3 | 1,095.3 | 1,003.0 | 921.8 | 913.4 | 879.9 | 890.8 | 901.9 | 745.5 | 759.0 | 774.9 | 713.7 | 379.4 | 412.8 | 431.5 | 367.2 | 362.2 | 211.6 | 200.9 | 194.4 | 226.2 | 213.8 | 202.8 | 202.9 | 194.9 | 192.9 | 186.8 | 185.6 | 151.8 | 140.6 | 139.0 | 131.5 | 103.5 | 80.1 | 83.5 | 81.8 | 75.6 | 43.0 |
| Total Assets | 23,720.1 | 21,656.5 | 19,448.6 | 18,048.8 | 16,534.2 | 14,514.6 | 14,043.9 | 12,846.7 | 11,623.2 | 10,550.2 | 9,956.6 | 9,069.0 | 8,186.0 | 7,543.1 | 6,775.4 | 6,162.0 | 5,824.5 | 6,108.2 | 5,734.4 | 5,437.4 | 5,208.3 | 4,893.7 | 4,738.9 | 4,399.4 | 4,335.9 | 4,111.8 | 4,185.3 | 3,619.8 | 3,441.3 | 3,332.4 | 3,082.0 | 2,798.2 | 2,832.1 | 2,580.0 | 2,460.9 | 2,301.7 | 2,162.9 | 1,939.6 | 1,729.0 | 1,519.1 | 1,335.0 | 1,209.9 | 1,159.9 | 1,072.9 | 990.8 | 875.1 | 811.0 | 691.9 | 642.8 | 375.5 | 364.5 | 337.8 | 220.2 |
| Current Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Account Payables | 692.7 | 608.4 | 651.7 | 481 | 543.9 | 389.1 | 381.1 | 289.2 | 297.8 | 223.3 | 435.1 | 269.0 | 351.9 | 330.2 | 232.6 | 278.5 | 275.1 | 204.7 | 202.6 | 135.3 | 145.2 | 136.9 | 134.2 | 163.1 | 122.9 | 84.8 | 92.1 | 78.6 | 86.1 | 89.8 | 93.8 | 85.1 | 53.2 | 70.4 | 52.2 | 32.9 | 80.4 | 61.0 | 79.5 | 77.0 | 60.1 | 24.8 | 44.0 | 31.5 | 43.8 | 29.1 | 32.4 | 19.8 | 20 | 7.3 | 20.1 | 27.3 | 11.0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 99.1 | 98.8 | 0 | 0 |
| Deferred Revenue | 5,100.7 | 4,909.5 | 4,002.6 | 3,520.7 | 2,787.6 | 2,072.7 | 1,727.3 | 1,599.6 | 1,329.5 | 997.9 | 915.2 | 698.7 | 624.2 | 671.7 | 637.4 | 607.2 | 697.8 | 778.4 | 593.6 | 511.4 | 482.1 | 457.8 | 396.3 | 321.3 | 328.5 | 332.2 | 312.7 | 291.4 | 272.4 | 304.7 | 358.6 | 318.9 | 262.3 | 274.7 | 327.7 | 423.7 | 426.8 | 383.2 | 273.4 | 191.1 | 138.9 | 135.5 | 122.0 | 124.7 | 107.2 | 81.8 | 60.3 | 40.3 | 37.9 | 36.3 | 41.3 | 0 | 17.6 |
| Other Current Liabilities | 538.4 | 600.7 | 246.8 | 193.9 | 339.2 | 147.6 | 336.4 | 329.2 | 317.8 | 354.2 | 296.1 | 469.0 | 316.6 | 231.3 | 248.1 | 128.6 | 94.8 | 188.8 | 87.0 | 72.4 | 69.4 | 69.4 | 94.4 | 70.0 | 88.7 | 55.6 | 52.1 | 49.3 | 52.6 | 44.4 | 30.9 | 32.7 | 19.5 | 26.9 | 16.2 | 16.5 | 19.2 | 13.0 | 15.8 | 9.8 | 9.3 | 7.8 | 6.7 | 4.2 | 4.1 | 4.6 | 7.1 | 9.4 | 11.8 | 10.4 | 8.0 | 67.5 | 12.9 |
| Total Current Liabilities | 6,818.4 | 6,560.1 | 5,376.5 | 4,666.6 | 4,051.4 | 3,121.6 | 2,732.2 | 2,434.4 | 2,161.9 | 1,783.1 | 1,919.4 | 1,846.7 | 1,655.8 | 1,584.9 | 1,293.5 | 1,254.9 | 1,278.0 | 1,369.0 | 1,109.8 | 893.4 | 859.9 | 786.5 | 768.2 | 664.8 | 640.2 | 573.0 | 597.1 | 548.2 | 525.0 | 543.2 | 606.5 | 539.8 | 826.8 | 457.8 | 529.9 | 567.5 | 610.8 | 532.5 | 459.6 | 355.1 | 263.4 | 214.3 | 235.0 | 225.0 | 202.5 | 148.3 | 144.4 | 101.8 | 97.7 | 198.9 | 209.3 | 94.8 | 46.4 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 141.2 | 97.7 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 13.4 | 51.1 | 129.1 | 214.3 | 216.7 | 225.9 | 227.9 | 247.7 | 251.3 | 250.3 | 254.7 | 0 | 0 | 0 | 3.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 338.8 | 320.1 | 331.8 | 309.6 | 307.1 | 257.8 | 252.8 | 258.7 | 241.2 | 239.5 | 227.1 | 172.6 | 160.3 | 153.1 | 148.2 | 141.0 | 139.8 | 132.2 | 124.7 | 113.7 | 105.5 | 99.9 | 95.5 | 87.1 | 84.7 | 96.6 | 93.2 | 90.9 | 71.2 | 63.5 | 64.3 | 65.5 | 62.5 | 58.7 | 43.8 | 30.0 | 28.0 | 25.6 | 22.5 | 18.8 | 22.8 | 21.3 | 20.8 | 17.2 | 23.7 | 23.1 | 22.3 | 54.3 | 40.8 | 36.7 | 16.7 | 46.1 | 32.0 |
| Total Non-Current Liabilities | 2,104 | 1,609.3 | 1,701.6 | 1,475.1 | 1,581.2 | 1,273.9 | 1,316.9 | 1,166.5 | 1,030.5 | 904.8 | 818.1 | 716.8 | 672.7 | 629.0 | 596.1 | 521.9 | 540.7 | 586.0 | 646 | 678.7 | 650.5 | 655.9 | 650.4 | 650.7 | 659.2 | 690.0 | 693.5 | 415.6 | 390.7 | 388.9 | 332.1 | 312.6 | 285.4 | 277.2 | 269.0 | 209.6 | 194.4 | 178.7 | 161.6 | 152.6 | 154.7 | 145.8 | 136.7 | 124.8 | 122.8 | 116.3 | 111.0 | 97.2 | 83.9 | 80.1 | 77.4 | 187.2 | 154.9 |
| Total Liabilities | 8,922.4 | 8,169.4 | 7,078.1 | 6,141.7 | 5,632.6 | 4,395.5 | 4,049.1 | 3,600.8 | 3,192.4 | 2,687.9 | 2,737.6 | 2,563.5 | 2,328.5 | 2,213.9 | 1,889.6 | 1,776.8 | 1,818.8 | 1,955.0 | 1,755.8 | 1,572.1 | 1,510.4 | 1,442.4 | 1,418.6 | 1,315.5 | 1,299.4 | 1,263.0 | 1,290.6 | 963.8 | 915.7 | 932.1 | 938.6 | 852.4 | 1,112.1 | 735.0 | 798.9 | 777.2 | 805.2 | 711.2 | 621.2 | 507.7 | 418.2 | 360.1 | 371.7 | 349.7 | 325.3 | 264.6 | 255.4 | 199.0 | 181.6 | 279.0 | 286.8 | 282.1 | 201.3 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 11,682.8 | 10,469.9 | 9,446.6 | 9,115.1 | 8,262.1 | 7,569.2 | 7,542.5 | 6,865.3 | 6,182.5 | 5,689.1 | 5,114.0 | 4,500.4 | 3,955.1 | 3,493.2 | 3,139.0 | 2,714.7 | 2,408.3 | 2,592.9 | 2,456.8 | 2,393.7 | 2,303.5 | 2,106.6 | 2,027.6 | 1,844.7 | 1,843.6 | 1,698.8 | 1,788.2 | 1,579.1 | 1,484.8 | 1,395.5 | 1,190.8 | 1,020.5 | 852.0 | 1,007.2 | 859.1 | 755.3 | 621.6 | 518.9 | 435.1 | 376.3 | 325.1 | 286.2 | 250.9 | 207.0 | 178.3 | 154.3 | 129.8 | 98.8 | 76.9 | 55.3 | 43.0 | 26.9 | 0.5 |
| Accumulated Other Comprehensive Income | (40.5) | (19.3) | 12 | 7.8 | 3.8 | (1.9) | (13.2) | 9.6 | (15.1) | (11.9) | (3.3) | (23.2) | (25.2) | (21.5) | (33.9) | (47.1) | (41.3) | (30.5) | (8.3) | (2.0) | (1.1) | (0.9) | 0.2 | (0.9) | 7.8 | 0.8 | 0.1 | 0.2 | 2.0 | (0.6) | (4.0) | (4.4) | (4.6) | (3.6) | (1.9) | (1.1) | (1.3) | (1.6) | (1.5) | (1.0) | (0.7) | (0.7) | (0.7) | (0.4) | (0.1) | (0.4) | (0.3) | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Stockholders' Equity | 14,797.7 | 13,487.1 | 12,370.5 | 11,907.1 | 10,901.6 | 10,119.1 | 9,994.8 | 9,245.9 | 8,430.8 | 7,862.3 | 7,219.1 | 6,505.6 | 5,857.6 | 5,329.2 | 4,885.8 | 4,385.2 | 4,005.8 | 4,153.2 | 3,978.6 | 3,865.3 | 3,697.8 | 3,451.3 | 3,320.3 | 3,083.9 | 3,036.5 | 2,848.8 | 2,894.7 | 2,656.0 | 2,525.6 | 2,400.4 | 2,143.4 | 1,945.9 | 1,720.0 | 1,845.0 | 1,661.9 | 1,524.6 | 1,357.7 | 1,228.4 | 1,107.8 | 1,011.4 | 916.8 | 849.9 | 788.2 | 723.2 | 665.5 | 610.5 | 555.7 | 492.9 | 461.2 | 96.4 | 77.7 | 55.8 | 18.9 |
| Total Liabilities & Equity | 23,720.1 | 21,656.5 | 19,448.6 | 18,048.8 | 16,534.2 | 14,514.6 | 14,043.9 | 12,846.7 | 11,623.2 | 10,550.2 | 9,956.6 | 9,069.0 | 8,186.0 | 7,543.1 | 6,775.4 | 6,162.0 | 5,824.5 | 6,108.2 | 5,734.4 | 5,437.4 | 5,208.3 | 4,893.7 | 4,738.9 | 4,399.4 | 4,335.9 | 4,111.8 | 4,185.3 | 3,619.8 | 3,441.3 | 3,332.4 | 3,082.0 | 2,798.2 | 2,832.1 | 2,580.0 | 2,460.9 | 2,301.7 | 2,162.9 | 1,939.6 | 1,729.0 | 1,519.1 | 1,335.0 | 1,209.9 | 1,159.9 | 1,072.9 | 990.8 | 875.1 | 811.0 | 691.9 | 642.8 | 375.5 | 364.5 | 337.8 | 220.2 |
| Debt Metrics | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48.0 | 51.7 | 55.3 | 44.0 | 47.1 | 51.8 | 57.5 | 56.5 | 61.6 | 64.3 | 67.8 | 72.4 | 74.9 | 74.3 | 78.5 | 83.0 | 87.1 | 89.7 | 93.6 | 35.4 | 36.0 | 36.6 | 37.1 | 37.7 | 38.2 | 38.7 | 39.1 | 39.6 | 40.0 | 40.4 | 40.8 | 42.5 | 42.9 | 43.1 | 43.4 | 43.6 | 42.8 | 43.1 | 142.5 | 142.8 | 141.2 | 122.9 |
| Net Debt | (2,290.2) | (2,789.5) | (1,963.9) | (2,326.6) | (2,225.5) | (1,845.1) | (2,762.4) | (3,175.1) | (2,429.0) | (2,092.1) | (1,938.6) | (1,700.8) | (1,210.1) | (901.0) | (627.7) | (669.2) | (441.5) | (577.6) | (564.3) | (569.4) | (829.4) | (775.6) | (820.8) | (895.4) | (725.9) | (682.8) | (1,028.3) | (1,008.2) | (854.7) | (715.9) | (614.5) | (488.6) | (674.6) | (849.0) | (821.5) | (816.3) | (784.8) | (707.4) | (528.3) | (460.4) | (490.6) | (669.8) | (644.8) | (375.6) | (299.8) | (231.8) | (196.4) | (365.8) | (354.1) | 12.9 | 29.1 | 21.1 | 34.3 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | 2012 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income | 1,212.9 | 1,022.9 | 955.8 | 853 | 888.8 | 813.8 | 801.0 | 748 | 665.4 | 637.7 | 613.6 | 545.3 | 491.9 | 436.5 | 427.1 | 354.0 | 299.1 | 272.3 | 239.3 | 224.3 | 196.9 | 180.4 | 183.0 | 168.4 | 144.8 | 138.4 | 260.7 | 208.9 | 189.3 | 201.0 | 170.3 | (137.5) | 150.7 | 144.5 | 103.8 | 133.7 | 102.7 | 83.0 | 58.8 | 51.3 | 38.9 | 35.2 | 43.9 | 28.7 | 24.0 | 24.5 | 31.0 | 21.9 | 21.6 | 12.3 | 13.7 | 11.9 | 10.3 | 6.6 | 6.3 |
| Depreciation & Amortization | 23.4 | 23.3 | 22.8 | 23.2 | 12.8 | 13.8 | 15.4 | 15.6 | 15.5 | 15.6 | 14.4 | 17.0 | 18.3 | 20.9 | 17.5 | 17.2 | 14.9 | 13.1 | 12.5 | 12.6 | 12.6 | 12.7 | 12.6 | 10.8 | 11.0 | 10.2 | 7.9 | 8.2 | 8.4 | 8.4 | 9.2 | 7.1 | 5.6 | 5.7 | 5.3 | 5.3 | 5.1 | 4.9 | 4.9 | 5.1 | 4.9 | 4.8 | 3.9 | 3.5 | 3.4 | 2.9 | 2.7 | 2.7 | 2.4 | 2.3 | 2.5 | 1.0 | 0.8 | 0.7 | 0.6 |
| Stock-Based Compensation | 120.4 | 120.9 | 133.1 | 127.9 | 85.2 | 93 | 100.7 | 98.1 | 79.3 | 77.2 | 81.4 | 85.4 | 67.1 | 62.9 | 65.0 | 65.5 | 50.2 | 50.3 | 51.2 | 53.1 | 44.9 | 37.6 | 40.1 | 36.5 | 32.9 | 27.6 | 26.4 | 26.3 | 24.3 | 24.3 | 24.6 | 23.3 | 22.5 | 20.9 | 20.4 | 20.2 | 18.4 | 16.4 | 16.3 | 15.1 | 14.2 | 13.4 | 13.0 | 12.3 | 11.2 | 8.8 | 8.1 | 8.1 | 6.7 | 4.8 | 3.8 | 2.6 | 2.1 | 1.7 | 1.4 |
| Change in Working Capital | (158.3) | 634.7 | 263.3 | 131.2 | 453 | (159.7) | 240.8 | 485.2 | 390.2 | (131.1) | (23.1) | 143.9 | (56.1) | (80.6) | (373.1) | (266.8) | (253.2) | (19.7) | 8.9 | (31.3) | 2.5 | 13.0 | (40.9) | 0.8 | (58.7) | 13.1 | 115.4 | 25.0 | (40.0) | (59.6) | 96.7 | 34.7 | (55.8) | 28.0 | 22.6 | 60.5 | (36.3) | 55.7 | (7.0) | (98.6) | 11.7 | 25.3 | 70.0 | (11.8) | 29.7 | (7.2) | (4.0) | 3.8 | 19.8 | (3.8) | (19.9) | 17.3 | (4.6) | (7.4) | (16.8) |
| Other Non-Cash Items | (7.2) | (3.4) | (3.6) | (2.5) | (8.9) | (12.1) | (10.8) | (24.2) | (10.7) | (7.8) | (6.5) | (5.5) | (28) | 6.0 | 0.1 | 6.7 | 14.1 | (16.9) | 12.0 | 11.4 | 10.8 | 9.7 | 4.6 | (2.0) | 6.0 | 5.1 | 3.4 | (2.0) | 5.8 | (3.2) | 3.2 | (1.1) | 8.3 | (0.0) | 0.3 | 0.4 | 0.4 | 0.3 | (12.3) | (13.5) | 0.4 | (6.0) | (5.4) | (8.8) | (11.7) | (9.9) | (16.0) | (0.2) | (2.9) | 0.0 | (0.2) | (0.0) | (0.0) | 0.7 | 16.5 |
| Operating Cash Flow | 1,083 | 1,693.5 | 1,261.9 | 1,268.2 | 1,200.1 | 641.7 | 1,031.0 | 1,174.5 | 989 | 513.8 | 526.5 | 699.0 | 434.1 | 374.5 | 40.5 | 134.1 | 101.1 | 217.1 | 225.2 | 272.6 | 263.4 | 254.7 | 186.9 | 215.1 | 138.2 | 194.8 | 327.2 | 269.4 | 196.4 | 170.1 | 295.8 | (118.8) | 130.6 | 195.5 | 183.7 | 205.9 | 79.2 | 162.9 | 52.8 | (47.3) | 64.9 | 71.1 | 116.5 | 10.6 | 52.6 | 20.8 | 15.8 | 34.8 | 46.3 | 17.7 | (6.0) | 31.9 | 7.1 | 1.7 | 8.0 |
| Investing Activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (29.7) | (54.5) | (37) | (30.1) | (24) | (28.4) | (12.5) | (7) | (3.2) | (9.4) | (6.0) | (11.2) | (11.6) | (5.6) | (10.5) | (10.4) | (8.9) | (14.9) | (9.3) | (45.9) | (4.5) | (5.1) | (7.7) | (2.5) | (2.1) | (3.1) | (2.4) | (4.7) | (3.4) | (5.2) | (6.2) | (4.5) | (6.7) | (6.3) | (3.1) | (2.6) | (4.9) | (4.6) | (4.9) | (3.7) | (4.1) | (8.6) | (5.3) | (5.2) | (4.3) | (5.1) | (2.3) | (2.2) | (5.5) | (3.1) | (4.8) | (3.3) | (10.5) | (1.7) | (0.9) |
| Acquisitions | 0 | 0 | (300) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.0 | (0.2) | 0 | 0 | (107.5) | (37.6) | 0 | (4.6) | (4.1) | (2) | (161.1) | 3.4 | (0.1) | (66.2) | (1.4) | 26.9 | 0 | 0 | (1.2) | (95.6) | (8) | 0 | 0 | 0 | 0 | 0 | (0.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (2,396.3) | (1,932.6) | (1,932.1) | (2,110.6) | (1,160.2) | (1,545.5) | (1,932.7) | (844.1) | (836.9) | (912.4) | (671.6) | (537.9) | (534.4) | (861.9) | (445.4) | (332.5) | (229.4) | (424.3) | (351.7) | (733.2) | (651.2) | (590.5) | (471.6) | (980.0) | (561.8) | (674.6) | (663.8) | (290.7) | (217.1) | (332.2) | (347.1) | (130.5) | (428.7) | (268.0) | (260.0) | (211.2) | (52.7) | (61.5) | (94.7) | (49.5) | (243.8) | (51.6) | 0 | 0 | 0 | 0 | (210.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 886.2 | 1,116.8 | 945.1 | 964.6 | 859.1 | 808 | 635.2 | 482.8 | 362.2 | 627.2 | 340.7 | 327.5 | 441.3 | 845.7 | 373.0 | 469.1 | 591.3 | 404.2 | 296.7 | 358.5 | 440.2 | 379.6 | 362.1 | 1,081.4 | 460.7 | 414.5 | 402.2 | 254.0 | 250.2 | 302.3 | 180.8 | 144.2 | 132.3 | 90.4 | 70.8 | 23.4 | 47.6 | 64.5 | 95.9 | 41.9 | 0 | 0 | 150 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (40) | 5 | 324.9 | (10) | (300) | 0 | 0 | (5.6) | 0 | (1) | 0 | (4.2) | (0.2) | 0.2 | 0 | 0 | 0 | 0 | 0 | (0.1) | 1.4 | 0.0 | 0 | 0 | 0 | 0 | 1.4 | 0 | 0 | 0 | 2 | 0 | (2) | 0 | (0.0) | 3.0 | (0.0) | (1.3) | (2.0) | 0 | 0 | 0 | (0.0) | 54.2 | 0.7 | (0.7) | (10.8) | (19.5) | 4.0 | 0 | 0.8 | 0 | 0 | 0 | (4) |
| Investing Cash Flow | (1,579.8) | (865.3) | (999.1) | (1,186.1) | (625.1) | (765.9) | (1,309.9) | (373.9) | (477.9) | (295.6) | (337.0) | (225.8) | (102.9) | (21.7) | (82.8) | 126.2 | 245.6 | (72.6) | (64.2) | (425.3) | (218.1) | (217.9) | (278.3) | 102.3 | (103.3) | (329.5) | (264.0) | (14.5) | 29.7 | (35.2) | (171.7) | (86.5) | (313.1) | (183.9) | (192.2) | (187.4) | (10.0) | (2.9) | (6.4) | (11.4) | (247.9) | (60.3) | 144.7 | 48.9 | (3.7) | (5.8) | (223.2) | (21.7) | (1.4) | (3.1) | (4.0) | (3.3) | (10.5) | (1.7) | (4.9) |
| Financing Activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.5) | (0.5) | (0.5) | (0.5) | (0.4) | (0.4) | (0.4) | (0.4) | (0.4) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.2) | (0.2) | (20.2) | (0.1) | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 26.2 | (26.2) | (620.1) | 0 | (195.9) | (787.1) | (123.8) | (65.1) | (172) | (62.7) | (9.6) | 0 | (30.0) | (82.3) | (2.8) | (47.6) | (483.7) | (136.2) | (176.1) | (134.2) | 0 | (101.4) | 0 | (167.3) | 0 | (227.9) | (51.5) | (114.6) | (100.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.3) | 0 | (0.6) | 0 | (0.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (31.2) | (3.7) | (6.2) | (5) | (4.5) | (34.8) | (10.9) | (11.5) | (1.1) | (0.4) | 8.3 | (8.2) | (6.5) | (9.2) | (7.2) | (6.7) | (6.1) | (12.7) | (5.9) | (4.3) | (3.9) | (2.5) | (2.8) | 18.5 | (2.3) | (1.7) | 3.1 | 11.7 | 9.0 | (1.9) | (2.0) | (2.5) | (2.9) | (1.5) | (1.6) | (1.1) | (0.8) | (0.6) | 22.1 | 13.9 | 4.5 | 12.8 | 8.4 | 16.5 | 19.1 | 20.5 | 39.4 | 0.9 | 1.1 | 1.4 | 3.6 | 0.8 | 2.5 | 3.0 | 1.3 |
| Financing Cash Flow | (1.5) | 0 | (625.5) | 20.6 | (197.2) | (793.8) | (130.0) | (55.6) | (173.1) | (63.1) | (1.3) | 15.2 | (29.2) | (68.4) | (4.7) | (34.2) | (485.9) | (129.8) | (170.9) | (109.2) | 4.9 | (85.8) | 12.1 | (148.7) | 2.9 | (212.6) | (48.5) | (102.9) | (91.0) | 24.5 | 1.5 | 17.9 | 8.1 | 15.3 | 13.2 | 12.3 | 7.5 | 18.5 | 21.4 | 28.2 | 3.5 | 12.4 | 7.8 | 16.2 | 18.8 | 20.2 | 38.8 | (1.6) | 222.8 | 1.3 | 3.6 | 0.8 | 2.5 | 3.0 | 1.3 |
| Cash Position | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Change in Cash | (499.3) | 825.6 | (362.7) | 101.1 | 380.4 | (917.3) | (412.8) | 746.6 | 336.9 | 153.5 | 189.8 | 487.0 | 302.1 | 284.6 | (44.5) | 223.0 | (141.8) | 14.2 | (10.2) | (262.7) | 50.4 | (49.9) | (77.1) | 170.1 | 38.8 | (349.9) | 16.0 | 150.9 | 134.9 | 159.5 | 125.3 | (187.8) | (175.0) | 27.0 | 4.7 | 31.0 | 76.9 | 178.6 | 67.4 | (30.6) | (179.6) | 23.3 | 268.8 | 75.5 | 67.8 | 35.2 | (168.6) | 11.4 | 267.7 | 15.9 | (6.4) | 29.4 | (1.0) | 3.0 | 4.4 |
| Cash at Beginning | 2,790.9 | 1,965.3 | 2,328 | 2,226.9 | 1,846.5 | 2,763.8 | 3,176.5 | 2,429.9 | 2,093 | 1,939.5 | 1,749.7 | 1,262.7 | 960.6 | 676.0 | 720.5 | 497.5 | 639.3 | 625.0 | 635.2 | 897.9 | 847.6 | 897.5 | 974.6 | 804.5 | 765.6 | 1,115.5 | 1,099.5 | 948.6 | 813.7 | 654.2 | 528.9 | 716.7 | 891.7 | 864.7 | 854.5 | 823.5 | 746.6 | 567.9 | 500.5 | 531.1 | 710.7 | 687.3 | 418.5 | 343.0 | 275.2 | 240.0 | 408.6 | 397.2 | 129.5 | 113.7 | 120.0 | 90.6 | 91.6 | 88.7 | 84.2 |
| Cash at End | 2,291.6 | 2,790.9 | 1,965.3 | 2,328 | 2,226.9 | 1,846.5 | 2,763.8 | 3,176.5 | 2,429.9 | 2,093 | 1,939.5 | 1,749.7 | 1,262.7 | 960.6 | 676.0 | 720.5 | 497.5 | 639.3 | 625.0 | 635.2 | 897.9 | 847.6 | 897.5 | 974.6 | 804.5 | 765.6 | 1,115.5 | 1,099.5 | 948.6 | 813.7 | 654.2 | 528.9 | 716.7 | 891.7 | 859.2 | 854.5 | 823.5 | 746.6 | 567.9 | 500.5 | 531.1 | 710.7 | 687.3 | 418.5 | 343.0 | 275.2 | 240.0 | 408.6 | 397.2 | 129.5 | 113.7 | 120.0 | 90.6 | 91.6 | 88.7 |
| Free Cash Flow | 1,053.3 | 1,639 | 1,224.9 | 1,238.1 | 1,176.1 | 613.3 | 1,018.5 | 1,167.5 | 985.8 | 504.4 | 520.5 | 687.8 | 422.5 | 368.9 | 30.0 | 123.7 | 92.2 | 202.3 | 216.0 | 226.7 | 258.9 | 249.6 | 179.2 | 212.6 | 136.1 | 191.7 | 324.7 | 264.7 | 193.0 | 164.9 | 289.6 | (123.4) | 123.8 | 189.2 | 180.5 | 203.2 | 74.3 | 158.2 | 47.8 | (51.1) | 60.8 | 62.5 | 111.2 | 5.4 | 48.3 | 15.6 | 13.5 | 32.5 | 40.8 | 14.6 | (10.8) | 28.6 | (3.5) | (0.0) | 7.1 |
| Key Metrics | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | 2012 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 3,035.7 | 2,709 | 2,487.8 | 2,308.3 | 2,204.8 | 2,004.8 | 1,930.4 | 1,810.9 | 1,690.4 | 1,571.4 | 1,540.4 | 1,509.5 | 1,458.9 | 1,351.4 | 1,275.6 | 1,176.8 | 1,051.9 | 877.1 | 824.5 | 748.7 | 707.3 | 667.6 | 648.5 | 605.4 | 540.6 | 523.0 | 552.5 | 654.4 | 608.3 | 595.4 | 595.7 | 563.3 | 519.8 | 472.5 | 467.9 | 437.6 | 405.2 | 335.5 | 328.0 | 290.3 | 268.7 | 242.2 | 245.4 | 217.5 | 195.6 | 179.0 | 173.5 | 155.5 | 137.9 | 117.2 | 114.8 | 101.6 | 83.5 | 61.3 | 57.3 |
| Gross Profit | 1,910.3 | 1,676.8 | 1,563.8 | 1,490.2 | 1,438.6 | 1,276.1 | 1,231.0 | 1,161.7 | 1,097.2 | 1,001.4 | 999.2 | 942.4 | 884.1 | 804.5 | 768.6 | 710.0 | 643.3 | 553.8 | 522.7 | 478.6 | 454.2 | 425.3 | 414.6 | 385.0 | 344.1 | 338.3 | 356.3 | 417.3 | 390.2 | 380.6 | 375.0 | 361.6 | 333.9 | 302.9 | 307.2 | 280.6 | 259.8 | 214.2 | 210.2 | 186.4 | 171.5 | 155.1 | 156.2 | 141.7 | 127.9 | 117.8 | 116.4 | 101.0 | 93.4 | 81.3 | 77.5 | 65.0 | 53.9 | 42.1 | 41.4 |
| Operating Income | 1,378 | 1,157.8 | 1,032.9 | 978.2 | 986.2 | 858.8 | 799.7 | 785.3 | 699.6 | 660.2 | 639.9 | 602.7 | 530.1 | 484.6 | 468.9 | 417.3 | 362.9 | 278.0 | 265.8 | 233.3 | 219.4 | 206.3 | 194.6 | 188.4 | 167.0 | 149.7 | 176.0 | 228.6 | 206.8 | 194.3 | 193.6 | 180.8 | (239.8) | 138.7 | 139.4 | 140.8 | 116.6 | 73.4 | 77.5 | 63.0 | 53.2 | 49.7 | 49.4 | 31.3 | 32.9 | 35.8 | 39.0 | 33.9 | 30.7 | 22.0 | 22.5 | 18.6 | 16.3 | 8.7 | 11.0 |
| Net Income | 1,212.9 | 1,022.9 | 955.8 | 853 | 888.8 | 813.8 | 801.0 | 748 | 665.4 | 637.7 | 613.6 | 545.3 | 491.9 | 436.5 | 427.1 | 354.0 | 299.1 | 272.3 | 239.3 | 224.3 | 196.9 | 180.4 | 183.0 | 168.4 | 144.8 | 138.4 | 260.7 | 208.9 | 189.3 | 201.0 | 170.3 | 168.5 | (155.3) | 144.5 | 103.8 | 133.7 | 102.7 | 83.0 | 58.8 | 51.3 | 38.9 | 35.2 | 43.9 | 28.7 | 24.0 | 24.5 | 31.0 | 21.9 | 21.6 | 12.3 | 13.7 | 11.9 | 10.3 | 6.6 | 6.3 |
| EPS (Diluted) | 0.95 | 0.80 | 0.75 | 0.67 | 0.70 | 0.64 | 0.62 | 0.58 | 0.52 | 0.50 | 0.48 | 0.43 | 0.39 | 0.35 | 0.34 | 0.28 | 0.24 | 0.21 | 0.19 | 0.18 | 0.15 | 0.14 | 0.14 | 0.13 | 0.11 | 0.11 | 0.20 | 0.16 | 0.15 | 0.15 | 0.13 | 0.13 | -0.12 | 0.11 | 0.08 | 0.11 | 0.08 | 0.07 | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 |
| Balance Sheet | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 2,290.2 | 2,789.5 | 1,963.9 | 2,326.6 | 2,225.5 | 1,845.1 | 2,762.4 | 3,175.1 | 2,429.0 | 2,092.1 | 1,938.6 | 1,748.8 | 1,261.8 | 956.3 | 671.7 | 716.3 | 493.2 | 635.0 | 620.8 | 631.0 | 893.7 | 843.3 | 893.2 | 970.3 | 800.2 | 761.3 | 1,111.3 | 1,095.3 | 944.4 | 809.5 | 650.0 | 524.7 | 711.2 | 886.2 | 859.2 | 854.5 | 823.5 | 746.6 | 567.9 | 500.5 | 531.1 | 710.7 | 687.3 | 418.5 | 343.0 | 275.2 | 240.0 | 408.6 | 397.2 | 129.5 | 113.7 | 120.0 | 88.7 | ||
| Total Assets | 23,720.1 | 21,656.5 | 19,448.6 | 18,048.8 | 16,534.2 | 14,514.6 | 14,043.9 | 12,846.7 | 11,623.2 | 10,550.2 | 9,956.6 | 9,069.0 | 8,186.0 | 7,543.1 | 6,775.4 | 6,162.0 | 5,824.5 | 6,108.2 | 5,734.4 | 5,437.4 | 5,208.3 | 4,893.7 | 4,738.9 | 4,399.4 | 4,335.9 | 4,111.8 | 4,185.3 | 3,619.8 | 3,441.3 | 3,332.4 | 3,082.0 | 2,798.2 | 2,832.1 | 2,580.0 | 2,460.9 | 2,301.7 | 2,162.9 | 1,939.6 | 1,729.0 | 1,519.1 | 1,335.0 | 1,209.9 | 1,159.9 | 1,072.9 | 990.8 | 875.1 | 811.0 | 691.9 | 642.8 | 375.5 | 364.5 | 337.8 | 220.2 | ||
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48.0 | 51.7 | 55.3 | 44.0 | 47.1 | 51.8 | 57.5 | 56.5 | 61.6 | 64.3 | 67.8 | 72.4 | 74.9 | 74.3 | 78.5 | 83.0 | 87.1 | 89.7 | 93.6 | 35.4 | 36.0 | 36.6 | 37.1 | 37.7 | 38.2 | 38.7 | 39.1 | 39.6 | 40.0 | 40.4 | 40.8 | 42.5 | 42.9 | 43.1 | 43.4 | 43.6 | 42.8 | 43.1 | 142.5 | 142.8 | 141.2 | 122.9 | ||
| Stockholders' Equity | 14,797.7 | 13,487.1 | 12,370.5 | 11,907.1 | 10,901.6 | 10,119.1 | 9,994.8 | 9,245.9 | 8,430.8 | 7,862.3 | 7,219.1 | 6,505.6 | 5,857.6 | 5,329.2 | 4,885.8 | 4,385.2 | 4,005.8 | 4,153.2 | 3,978.6 | 3,865.3 | 3,697.8 | 3,451.3 | 3,320.3 | 3,083.9 | 3,036.5 | 2,848.8 | 2,894.7 | 2,656.0 | 2,525.6 | 2,400.4 | 2,143.4 | 1,945.9 | 1,720.0 | 1,845.0 | 1,661.9 | 1,524.6 | 1,357.7 | 1,228.4 | 1,107.8 | 1,011.4 | 916.8 | 849.9 | 788.2 | 723.2 | 665.5 | 610.5 | 555.7 | 492.9 | 461.2 | 96.4 | 77.7 | 55.8 | 18.9 | ||
| Cash Flow | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,083 | 1,693.5 | 1,261.9 | 1,268.2 | 1,200.1 | 641.7 | 1,031.0 | 1,174.5 | 989 | 513.8 | 526.5 | 699.0 | 434.1 | 374.5 | 40.5 | 134.1 | 101.1 | 217.1 | 225.2 | 272.6 | 263.4 | 254.7 | 186.9 | 215.1 | 138.2 | 194.8 | 327.2 | 269.4 | 196.4 | 170.1 | 295.8 | (118.8) | 130.6 | 195.5 | 183.7 | 205.9 | 79.2 | 162.9 | 52.8 | (47.3) | 64.9 | 71.1 | 116.5 | 10.6 | 52.6 | 20.8 | 15.8 | 34.8 | 46.3 | 17.7 | (6.0) | 31.9 | 7.1 | 1.7 | 8.0 |
| Capital Expenditure | (29.7) | (54.5) | (37) | (30.1) | (24) | (28.4) | (12.5) | (7) | (3.2) | (9.4) | (6.0) | (11.2) | (11.6) | (5.6) | (10.5) | (10.4) | (8.9) | (14.9) | (9.3) | (45.9) | (4.5) | (5.1) | (7.7) | (2.5) | (2.1) | (3.1) | (2.4) | (4.7) | (3.4) | (5.2) | (6.2) | (4.5) | (6.7) | (6.3) | (3.1) | (2.6) | (4.9) | (4.6) | (4.9) | (3.7) | (4.1) | (8.6) | (5.3) | (5.2) | (4.3) | (5.1) | (2.3) | (2.2) | (5.5) | (3.1) | (4.8) | (3.3) | (10.5) | (1.7) | (0.9) |
| Free Cash Flow | 1,053.3 | 1,639 | 1,224.9 | 1,238.1 | 1,176.1 | 613.3 | 1,018.5 | 1,167.5 | 985.8 | 504.4 | 520.5 | 687.8 | 422.5 | 368.9 | 30.0 | 123.7 | 92.2 | 202.3 | 216.0 | 226.7 | 258.9 | 249.6 | 179.2 | 212.6 | 136.1 | 191.7 | 324.7 | 264.7 | 193.0 | 164.9 | 289.6 | (123.4) | 123.8 | 189.2 | 180.5 | 203.2 | 74.3 | 158.2 | 47.8 | (51.1) | 60.8 | 62.5 | 111.2 | 5.4 | 48.3 | 15.6 | 13.5 | 32.5 | 40.8 | 14.6 | (10.8) | 28.6 | (3.5) | (0.0) | 7.1 |