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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 1,963.9 $ 2,762.4
Marketable securities 8,779.1 5,541.1
Accounts receivable, net 1,886.9 1,140.5
Inventories 2,247.1 1,834.6
Prepaid expenses and other current assets 1,510.0 632.3
Total current assets 16,387.0 11,910.9
Property and equipment, net 203.1 98.8
Goodwill 416.1 268.5
Deferred tax assets 1,773.6 1,440.4
Other assets 668.8 325.3
TOTAL ASSETS 19,448.6 14,043.9
CURRENT LIABILITIES:    
Accounts payable 651.7 381.1
Accrued liabilities 475.4 435.3
Deferred revenue 4,002.6 1,727.3
Other current liabilities 246.8 188.5
Total current liabilities 5,376.5 2,732.2
Deferred revenue, non-current 1,369.8 1,064.1
Other long-term liabilities 331.8 252.8
TOTAL LIABILITIES 7,078.1 4,049.1
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100 shares authorized and no shares issued and outstanding as of December 31, 2025 and 2024 0.0 0.0
Common stock, $0.0001 par value—4,000 shares authorized as of December 31, 2025 and 2024; 1,256.5 and 1,261.3 shares issued and outstanding as of December 31, 2025 and 2024 0.1 0.1
Additional paid-in capital 2,911.8 2,465.4
Retained earnings 9,446.6 7,542.5
Accumulated other comprehensive income (loss) 12.0 (13.2)
TOTAL STOCKHOLDERS’ EQUITY 12,370.5 9,994.8
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 19,448.6 $ 14,043.9