Income Taxes

3 Months Ended

Mar. 31, 2026


	Three Months Ended
	March 31, 2026			March 31, 2025
	(in thousands, except percentages)
Provision for income taxes	$	1,264,295		$	323,375
Effective tax rate	19		%	10		%

The effective tax rate for the three months ended March 31, 2026 differed from the Federal statutory rate primarily due to the foreign-derived income deduction and excess tax benefits on stock-based compensation.

- Definition

The entire disclosure for income tax.

+ References

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+ Details