v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 2,789.5 $ 1,963.9
Marketable securities 9,563.7 8,779.1
Accounts receivable, net 1,923.8 1,886.9
Inventories 2,380.0 2,247.1
Prepaid expenses and other current assets 1,899.7 1,510.0
Total current assets 18,556.7 16,387.0
Property and equipment, net 250.3 203.1
Goodwill 416.1 416.1
Deferred tax assets 1,887.2 1,773.6
Other assets 546.2 668.8
TOTAL ASSETS 21,656.5 19,448.6
CURRENT LIABILITIES:    
Accounts payable 608.4 651.7
Accrued liabilities 441.5 475.4
Deferred revenue 4,909.5 4,002.6
Other current liabilities 600.7 246.8
Total current liabilities 6,560.1 5,376.5
Deferred revenue, non-current 1,289.2 1,369.8
Other long-term liabilities 320.1 331.8
TOTAL LIABILITIES 8,169.4 7,078.1
Commitments and Contingencies (Note 5)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100 shares authorized and no shares issued and outstanding as of March 31, 2026 and December 31, 2025 0.0 0.0
Common stock, $0.0001 par value—4,000 shares authorized as of March 31, 2026 and December 31, 2025; 1,259.2 and 1,256.5 shares issued and outstanding as of March 31, 2026 and December 31, 2025 0.1 0.1
Additional paid-in capital 3,036.4 2,911.8
Retained earnings 10,469.9 9,446.6
Accumulated other comprehensive income (loss) (19.3) 12.0
TOTAL STOCKHOLDERS’ EQUITY 13,487.1 12,370.5
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 21,656.5 $ 19,448.6