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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUE:        
Total revenue $ 1,724.9 $ 1,508.1 $ 4,894.6 $ 4,295.7
COST OF REVENUE:        
Total cost of revenue 331.7 263.4 939.7 843.1
GROSS PROFIT:        
Total gross profit 1,393.2 1,244.7 3,954.9 3,452.6
OPERATING EXPENSES:        
Research and development 202.4 187.3 610.5 525.7
Sales and marketing 583.5 515.9 1,718.2 1,518.3
General and administrative 61.4 71.7 176.1 182.7
Gain on intellectual property matters (1.4) (1.1) (9.0) (3.4)
Total operating expenses 845.9 773.8 2,495.8 2,223.3
OPERATING INCOME 547.3 470.9 1,459.1 1,229.3
INTEREST INCOME 40.7 42.4 130.0 112.9
INTEREST EXPENSE (6.2) (5.0) (15.7) (15.1)
OTHER INCOME—NET 13.0 118.1 58.0 113.0
INCOME BEFORE INCOME TAXES AND GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS 594.8 626.4 1,631.4 1,440.1
PROVISION FOR INCOME TAXES 120.7 81.2 294.3 197.2
GAIN (LOSS) FROM EQUITY METHOD INVESTMENTS (0.2) (5.3) 10.3 (23.9)
NET INCOME $ 473.9 $ 539.9 $ 1,347.4 $ 1,219.0
Net income per share:        
Basic (in dollars per share) $ 0.63 $ 0.71 $ 1.77 $ 1.60
Diluted (in dollars per share) $ 0.62 $ 0.70 $ 1.75 $ 1.58
Weighted-average shares outstanding:        
Basic (in shares) 755.5 765.0 763.1 763.7
Diluted (in shares) 761.2 771.9 770.2 770.8
Product        
REVENUE:        
Total revenue $ 559.3 $ 473.9 $ 1,527.3 $ 1,334.7
COST OF REVENUE:        
Total cost of revenue 180.7 136.1 496.5 474.0
GROSS PROFIT:        
Total gross profit 378.6 337.8 1,030.8 860.7
Service        
REVENUE:        
Total revenue 1,165.6 1,034.2 3,367.3 2,961.0
COST OF REVENUE:        
Total cost of revenue 151.0 127.3 443.2 369.1
GROSS PROFIT:        
Total gross profit $ 1,014.6 $ 906.9 $ 2,924.1 $ 2,591.9