Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 4,417.4 | 3,342.2 | 2,594.4 | 2,163.0 | 1,804.6 | 1,494.9 | 1,275.4 | 1,009.3 |
| Revenue growth | 32.2% | 28.8% | 19.9% | 19.9% | 20.7% | 17.2% | 26.4% | 31.0% |
| Cost of goods sold | 1,084.9 | 783.0 | 570.0 | 505.9 | 450.4 | 385.3 | 1,613.2 | 1,296.0 |
| Gross profit | 3,332.5 | 2,559.2 | 2,024.4 | 1,657.1 | 1,354.2 | 1,109.6 | -337.8 | -286.8 |
| Gross margin | 75.4% | 76.6% | 78.0% | 76.6% | 75.0% | 74.2% | -26.5% | -28.4% |
| Sales and marketing | 1,686.1 | 1,345.7 | 1,071.9 | 926.9 | 782.3 | 701.0 | 626.5 | 470.4 |
| Research and development | 512.4 | 424.2 | 341.4 | 277.1 | 244.5 | 210.6 | 183.1 | 158.1 |
| General and administrative | 169.0 | 143.5 | 119.5 | 102.1 | 93.0 | 87.9 | 81.1 | 71.5 |
| EBITA | 901.5 | 661.3 | 545.1 | 361.9 | 243.4 | 118.7 | 56.2 | 25.7 |
| EBITA margin | 20.4% | 19.8% | 21.0% | 16.7% | 13.5% | 7.9% | 4.4% | 2.5% |
| Amortization of intangibles | | 18.5 | 13.3 | 10.9 | 9.0 | 8.6 | 9.3 | 3.2 |
| EBIT | 901.5 | 642.8 | 531.8 | 351.0 | 234.4 | 110.1 | 46.9 | 22.5 |
| EBIT margin | 20.4% | 19.2% | 20.5% | 16.2% | 13.0% | 7.4% | 3.7% | 2.2% |
| Pre-tax income | 955.5 | 628.4 | 541.7 | 386.0 | 254.3 | 124.0 | 43.1 | 17.0 |
| Income taxes | 30.8 | 14.1 | 53.2 | 54.3 | -80.6 | 92.6 | 10.9 | 9.0 |
| Tax rate | 3.2% | 2.2% | 9.8% | 14.1% | | 74.7% | 25.3% | 53.0% |
| Net income | 857.3 | 606.8 | 488.5 | 331.7 | 334.9 | 31.4 | 32.2 | 8.0 |
| Net margin | 19.4% | 18.2% | 18.8% | 15.3% | 18.6% | 2.1% | 2.5% | 0.8% |
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| Diluted EPS | $791.40 | $3.63 | $2.91 | $1.90 | $1.92 | $0.18 | $0.18 | $0.05 |
| Shares outstanding (diluted) | 1.1 | 167.1 | 167.7 | 175.0 | 174.2 | 178.1 | 176.3 | 176.1 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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