v3.26.1
Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues [Abstract]        
Revenue $ 1,584,451 $ 1,275,441 $ 3,058,671 $ 2,517,807
Costs and Expenses:        
Marketing and sales 241,034 200,595 452,519 403,295
Research and development 531,273 442,057 1,039,710 881,159
General and administrative 88,548 69,029 176,765 132,127
Amortization of acquired intangibles 34,315 9,204 54,525 18,126
Loss related to contingent liability 0 128,545 0 128,545
Restructuring (352) 47 (357) (62)
Total costs and expenses 1,134,136 1,033,644 2,177,027 1,914,490
Income from operations 450,315 241,797 881,644 603,317
Interest expense (35,136) (28,948) (66,749) (58,066)
Other income, net 95,055 67,758 123,442 91,048
Income before provision for income taxes 510,234 280,607 938,337 636,299
Provision for income taxes 143,158 120,556 235,601 202,669
Net income $ 367,076 $ 160,051 $ 702,736 $ 433,630
Net income per share - basic (usd per share) $ 1.34 $ 0.59 $ 2.57 $ 1.60
Net Income per share - diluted (usd per share) $ 1.33 $ 0.59 $ 2.56 $ 1.59
Weighted average common shares outstanding - basic (in shares) 273,955 271,294 273,012 271,633
Weighted average common shares outstanding - diluted (in shares) 276,163 272,899 274,948 273,264
Product and maintenance [Member]        
Revenues [Abstract]        
Revenue $ 1,430,668 $ 1,170,510 $ 2,779,590 $ 2,281,360
Costs and Expenses:        
Cost of sales 175,183 139,298 328,495 255,970
Service [Member]        
Revenues [Abstract]        
Revenue 153,783 104,931 279,081 236,447
Costs and Expenses:        
Cost of sales $ 64,135 $ 44,869 $ 125,370 $ 95,330