Income Taxes

6 Months Ended

Jun. 30, 2026


	Three Months Ended						Six Months Ended
	June 30, 2026			June 30, 2025			June 30, 2026			June 30, 2025
	(in thousands, except percentages)
Provision for income taxes	$	667,172		$	506,262		$	1,931,467		$	829,637
Effective tax rate	16		%	14		%	18		%	12		%

The effective tax rates for the three and six months ended June 30, 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