Company research

HERSHEY CO

CIK 47111Updated Sep 24, 2026

SecurityHSY · NYSE · equity

Name history

HERSHEY FOODS CORP · through Apr 20, 2005

HSY price & chart

Provider market data

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In the news

NYSE Content Update: A Sweet Time at the NYSE as Hershey Hosts its Investor Day ↗

PR Newswire · 2026-03-31

Hershey Completes Acquisition of LesserEvil, Expanding Consumer Choice News provided by The Hershey Company Nov 19, 2025, 08:35 ET Share this article Share to X Share this article Share to X Acquisition Broadens Better-For-You Offerings and Salty Snacking Portfolio HERSHEY, Pa. , Nov. 19, 2025 /PRNe ↗

PR Newswire · 2025-11-19

Seeking Alpha

Your Lunch Today Proves What The Fed Can't Really Fix ↗

Seeking Alpha · 2026-09-22

Clorox, Hershey among large-cap consumer staple stocks with weakest momentum ↗

Seeking Alpha · 2026-09-18

Ten consumer staples stocks with the strongest dividend growth grades ↗

Seeking Alpha · 2026-09-18

SEC disclosures

HERSHEY CO files 8-K: Material Event ↗

SEC · 2026-09-02

HERSHEY CO files 8-K: Material Event ↗

SEC · 2026-07-30

HERSHEY CO files 8-K: Material Event ↗

SEC · 2026-06-09

Recent filings

4 filing
4 · 2026-09-21 · 0000950142-26-002573
4 filing
4 · 2026-09-17 · 0000047111-26-000241
144 filing
144 · 2026-09-16 · 0001973727-26-000056
4 filing
4 · 2026-09-14 · 0000950142-26-002543
4 filing
4 · 2026-09-08 · 0000950142-26-002512

Show 5 more recent filings

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
8-K · 2026-09-02 · 0001628280-26-060131
4 filing
4 · 2026-08-31 · 0000950142-26-002466
4 filing
4 · 2026-08-24 · 0000950142-26-002420
4 filing
4 · 2026-08-19 · 0000950142-26-002386
4 filing
4 · 2026-08-17 · 0000950142-26-002359

Financials

FY 2025 · USD

Revenue11,692,576,000USD · FY 2025

Source

10-K · 2026-02-17 · 0001628280-26-008586

2025-01-01 to 2025-12-31

Net income883,259,000USD · FY 2025

Source

10-K · 2026-02-17 · 0001628280-26-008586

2025-01-01 to 2025-12-31

Assets13,741,297,000USD · FY 2025

Source

10-K · 2026-02-17 · 0001628280-26-008586

As of 2025-12-31

Cash— · FY 2025

Operating income1,441,528,000USD · FY 2025

Source

10-K · 2026-02-17 · 0001628280-26-008586

2025-01-01 to 2025-12-31

Diluted EPS— · FY 2025

Some figures are unavailable for this reporting year.

balance sheet · annual statements

Line item	FY 2025	FY 2024	FY 2023	FY 2022
ASSETS
AssetsUSD	13,741,297,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	12,946,861,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	11,902,941,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	10,948,820,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Property, Plant and EquipmentUSD	3,529,608,000 Source 10-Q · 2026-04-30 · 0001628280-26-028682 As of 2025-12-31	3,458,853,000 Source 10-Q · 2025-05-01 · 0000047111-25-000044 As of 2024-12-31	3,309,678,000 Source 10-Q · 2024-05-03 · 0000047111-24-000023 As of 2023-12-31	2,769,702,000 Source 10-Q · 2023-04-27 · 0000047111-23-000033 As of 2022-12-31
GoodwillUSD	2,996,005,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	2,705,753,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	2,696,050,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	2,606,956,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Intangible Assets, Net (Excluding Goodwill)USD	2,475,698,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	1,873,866,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	1,879,229,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	1,966,269,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Current assets:
Accounts Receivable, after Allowance for Credit Loss, CurrentUSD	729,547,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	800,402,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	823,617,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	711,203,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Inventory, NetUSD	1,429,254,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	1,254,094,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	1,340,996,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	1,173,119,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Assets, CurrentUSD	3,588,899,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	3,759,457,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	2,912,103,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	2,620,406,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Prepaid Expense and Other Assets, CurrentUSD	504,239,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	974,215,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	345,588,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	272,195,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Operating Lease, Right-of-Use AssetUSD	325,345,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	337,739,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	307,976,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	326,472,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Other Assets, NoncurrentUSD	1,123,285,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	1,111,867,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	1,061,427,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	944,989,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
LIABILITIES AND EQUITY
LiabilitiesUSD	9,104,547,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	8,232,207,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	7,803,855,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	7,649,276,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Stockholders’ equity:
Preferred Stock, Value, IssuedUSD	0 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	0 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	0 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	0 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Additional Paid in CapitalUSD	1,426,651,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	1,377,226,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	1,345,580,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	1,296,572,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Retained Earnings (Accumulated Deficit)USD	5,495,449,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	5,698,316,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	4,562,263,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	3,589,781,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Accumulated Other Comprehensive Income (Loss), Net of TaxUSD	-247,350,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	-303,890,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	-230,078,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	-252,333,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Stockholders' Equity Attributable to ParentUSD	4,636,750,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	4,714,654,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	—	—
Liabilities and EquityUSD	13,741,297,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	12,946,861,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	11,902,941,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	10,948,820,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Current liabilities:
Liabilities, CurrentUSD	3,011,896,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	3,929,495,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	3,008,352,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	3,257,154,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Operating Lease, Liability, CurrentUSD	49,583,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	40,636,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	34,494,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	31,787,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Accounts Payable, CurrentUSD	1,255,701,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	1,159,177,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	1,086,183,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	970,558,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Operating Lease, Liability, NoncurrentUSD	285,925,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	304,767,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	277,089,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	294,849,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Deferred Income Tax Liabilities, NetUSD	679,540,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	424,243,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	345,698,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	328,403,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Other Liabilities, NoncurrentUSD	731,917,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	688,259,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	660,673,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	719,742,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Additional Financial Items
Accrued Liabilities, CurrentUSD	970,597,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	807,341,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	867,815,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	832,518,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD	107,620,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	122,098,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	126,800,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	118,254,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Deferred Tax Liabilities, NetUSD	651,738,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	387,178,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	301,244,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	287,905,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements

Line item	FY 2025	FY 2024	FY 2023	FY 2022
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD	—	—	1,861,787,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	1,644,817,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, Depletion and AmortizationUSD	503,701,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	455,255,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	419,815,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	378,959,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Share-based Payment Arrangement, Noncash ExpenseUSD	65,460,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	44,414,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	81,021,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	65,991,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Changes in operating assets and liabilities:
Increase (Decrease) in Accounts ReceivableUSD	-98,968,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	-4,456,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	102,080,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	38,165,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Increase (Decrease) in InventoriesUSD	133,320,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	-68,831,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	157,153,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	186,963,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Deferred Income Tax Expense (Benefit)USD	122,293,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	73,235,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	16,233,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	36,889,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Net Cash Provided by (Used in) Operating ActivitiesUSD	2,277,367,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	2,531,596,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	2,323,190,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	2,327,837,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Cash flows from investing activities:
Payments to Acquire Businesses, Net of Cash AcquiredUSD	756,135,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	75,500,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	165,818,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	0 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Net Cash Provided by (Used in) Investing ActivitiesUSD	-1,278,717,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	-960,314,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	-1,198,676,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	-787,376,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Payments for (Proceeds from) Other Investing ActivitiesUSD	6,241,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	-6,627,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	4,934,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	-7,639,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Payments to Acquire Property, Plant, and EquipmentUSD	454,622,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	605,942,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	771,109,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	519,481,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Cash flows from financing activities:
Payment, Tax Withholding, Share-based Payment ArrangementUSD	18,779,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	32,818,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	35,009,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	35,515,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Payments for Repurchase of Common StockUSD	0 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	494,191,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	264,913,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	388,964,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Net Cash Provided by (Used in) Financing ActivitiesUSD	-803,357,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	-1,296,501,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	-1,148,251,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	-1,415,725,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Payments of Ordinary Dividends, Common StockUSD	1,085,296,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	1,084,802,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	889,071,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	775,030,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Repayments of Long-term DebtUSD	606,393,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	306,359,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	755,414,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	4,741,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD	195,113,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	328,844,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	-61,987,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	134,623,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD	925,859,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	730,746,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	401,902,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	463,889,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD	195,927,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	179,777,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	160,729,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	131,757,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Income Taxes Paid, NetUSD	140,616,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	201,799,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	303,942,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	221,321,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD	-180,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	54,063,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	-38,250,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	9,887,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Additional Financial Items
Share-based Payment Arrangement, ExpenseUSD	65,460,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	44,414,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	81,021,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	65,991,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Amortization of Intangible AssetsUSD	85,398,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	84,640,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	88,771,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	79,690,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
DepreciationUSD	328,487,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	292,170,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	265,604,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	253,582,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Equity Method Investment, Other than Temporary ImpairmentUSD	24,483,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	243,311,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	210,484,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	188,286,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
GoodwillUSD	2,996,005,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 As of 2025-12-31	2,705,753,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 As of 2024-12-31	2,696,050,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 As of 2023-12-31	2,606,956,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 As of 2022-12-31
Goodwill, Impairment LossUSD	6,403,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	0 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	0 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	0 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Income Tax Expense (Benefit)USD	330,949,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	252,697,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	310,077,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	272,254,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Investment Income, InterestUSD	34,600,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	8,662,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	9,726,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	2,538,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Net Income (Loss) Attributable to ParentUSD	883,259,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	2,221,239,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	1,861,787,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	1,644,817,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Net Income (Loss) Attributable to Noncontrolling InterestUSD	—	—	0 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	0 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Other Nonoperating Income (Expense)USD	-37,114,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	-258,641,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	-237,218,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	-206,159,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Proceeds from Issuance of Long-term DebtUSD	1,984,545,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	0 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	744,092,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	0 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Proceeds from Stock Options ExercisedUSD	21,297,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	14,663,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	26,015,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	34,158,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Restructuring Costs and Asset Impairment ChargesUSD	—	—	—	0 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements

Line item	FY 2025	FY 2024	FY 2023	FY 2022
Total RevenueUSD	11,692,576,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	11,202,263,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	11,164,992,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	10,419,294,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Cost of RevenueUSD	7,769,885,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	5,901,375,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	6,167,176,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	5,920,509,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Selling, General and Administrative ExpenseUSD	2,460,569,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	2,373,621,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	2,436,508,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	2,236,009,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Operating Income (Loss)USD	1,441,528,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	2,898,232,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	2,560,867,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	2,260,787,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Other Nonoperating Income (Expense)USD	-37,114,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	-258,641,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	-237,218,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	-206,159,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD	1,214,208,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	2,473,936,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	2,171,864,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	1,917,071,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Income Tax Expense (Benefit)USD	330,949,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	252,697,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	310,077,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	272,254,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Net Income (Loss) Attributable to Noncontrolling InterestUSD	—	—	0 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	0 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Net Income (Loss) Attributable to ParentUSD	883,259,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	2,221,239,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	1,861,787,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	1,644,817,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Additional Financial Items
Amortization of Intangible AssetsUSD	85,398,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	84,640,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	88,771,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	79,690,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Current Income Tax Expense (Benefit)USD	208,656,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	179,462,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	293,844,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	235,365,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Goodwill, Impairment LossUSD	6,403,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	0 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	0 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	0 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Gross ProfitUSD	3,922,691,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	5,300,888,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	4,997,816,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	4,498,785,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD	1,160,843,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	1,796,428,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	1,832,771,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	1,816,622,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Interest ExpenseUSD	224,806,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	174,317,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	161,511,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	140,095,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Interest Expense, DebtUSD	236,784,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	194,240,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	176,066,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	148,226,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Interest Income (Expense), Nonoperating, NetUSD	-190,206,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	-165,655,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	-151,785,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	-137,557,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Investment Income, InterestUSD	34,600,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	8,662,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	9,726,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	2,538,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31
Research and Development ExpenseUSD	61,655,000 Source 10-K · 2026-02-17 · 0001628280-26-008586 2025-01-01 to 2025-12-31	55,798,000 Source 10-K · 2025-02-18 · 0000047111-25-000014 2024-01-01 to 2024-12-31	50,030,000 Source 10-K · 2024-02-20 · 0000047111-24-000009 2023-01-01 to 2023-12-31	46,943,000 Source 10-K · 2023-02-17 · 0000047111-23-000012 2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.