$2.58B
Revenue
$592.78M
Net Income
89.02%
Gross Margin
28.39%
Op. Margin
$1.48B
Free Cash Flow
| Breakdown | Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $504.89M | $882.17M | $601.89M | $594.14M | $466.61M | $805.11M | $458.80M |
| Revenue Growth % (YoY) | 8.2% | 9.6% | 31.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $72.57M | $72.69M | $69.11M | $69.36M | $68.67M | $70.05M | $65.26M |
| Gross Profit | $432.32M | $809.49M | $532.78M | $524.78M | $397.94M | $735.06M | $393.54M |
| Gross Margin % | 85.6% | 91.8% | 88.5% | 88.3% | 85.3% | 91.3% | 85.8% |
| Operating Expenses | $373.43M | $453.89M | $371.25M | $367.37M | $354.60M | $402.06M | $323.72M |
| Research & Development | $137.29M | $134.26M | $132.32M | $132.62M | $128.81M | $126.29M | $123.22M |
| Selling General & Admin | $230.41M | $314.01M | $233.06M | $228.62M | $219.64M | $269.86M | $194.55M |
| Operating Income | $58.89M | $355.60M | $161.54M | $157.42M | $43.34M | $333.00M | $69.82M |
| Operating Margin % | 11.7% | 40.3% | 26.8% | 26.5% | 9.3% | 41.4% | 15.2% |
| Interest Expense | $10.18M | $10.92M | $12.32M | $12.24M | $12.37M | $12.55M | $12.28M |
| Interest Income | $16.74M | $14.64M | $13.29M | $12.21M | $10.99M | $7.20M | $4.91M |
| Other Income/Expense | $-930.00K | $-14.00K | $-1.26M | $-854.00K | $-1.01M | $-2.88M | $96.00K |
| Income Before Tax | $64.53M | $359.29M | $161.25M | $156.53M | $40.96M | $324.77M | $62.55M |
| Income Tax Expense | $12.66M | $76.61M | $33.06M | $26.50M | $6.18M | $50.01M | $7.04M |
| Net Income | $51.87M | $282.69M | $128.19M | $130.03M | $34.78M | $274.76M | $55.50M |
| Net Margin % | 10.3% | 32.0% | 21.3% | 21.9% | 7.5% | 34.1% | 12.1% |
| Basic EPS | 0.59 | 3.23 | 1.47 | 1.49 | 0.40 | 3.16 | 0.64 |
| Diluted EPS | 0.59 | 3.21 | 1.46 | 1.48 | 0.40 | 3.15 | 0.64 |
| Basic Shares Outstanding | 87.7M | 47K | 87.4M | 87.3M | 87.1M | 19K | 86.8M |
| Diluted Shares Outstanding | 88.1M | 81K | 87.9M | 87.8M | 87.8M | 51K | 87.4M |
| Breakdown | Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
|---|---|---|---|---|---|---|---|
| Short-term Investments | $70.40M | $50.77M | $49.21M | $20.31M | $20.10M | $189.00K | $171.00K |
| Accounts Receivable | $754.65M | $1.02B | $782.67M | $724.12M | $650.04M | $864.53M | $673.97M |
| Other Current Assets | $265.62M | $311.13M | $270.13M | $248.43M | $260.52M | $324.65M | $229.01M |
| Total Current Assets | $2.85B | $2.83B | $2.35B | $2.09B | $1.98B | $2.05B | $1.54B |
| Property Plant & Equipment | $92.73M | $89.65M | $87.13M | $86.29M | $80.93M | $77.78M | $75.43M |
| Goodwill | $3.80B | $3.78B | $3.82B | $3.79B | $3.80B | $3.81B | $3.77B |
| Intangible Assets | $694.24M | $716.24M | $756.71M | $776.46M | $806.38M | $835.42M | $849.21M |
| Other Non-current Assets | $218.15M | $308.33M | $276.55M | $272.66M | $210.16M | $273.03M | $174.29M |
| Total Assets | $7.98B | $8.05B | $7.61B | $7.32B | $7.15B | $7.32B | $6.67B |
| Accounts Payable | $22.25M | $27.06M | $16.39M | $24.99M | $27.90M | $22.77M | $14.80M |
| Deferred Revenue | $490.32M | $504.53M | $427.19M | $423.85M | $433.17M | $457.51M | $349.67M |
| Total Current Liabilities | $779.10M | $941.18M | $754.49M | $708.74M | $706.57M | $889.29M | $634.43M |
| Long-term Debt | $754.29M | $754.21M | $754.13M | $754.05M | $753.97M | $753.89M | $753.81M |
| Deferred Tax Liabilities | $56.03M | $55.86M | $55.70M | $59.75M | $73.09M | $75.30M | $70.36M |
| Other Non-current Liabilities | $130.32M | $126.80M | $126.14M | $118.87M | $111.81M | $113.52M | $108.05M |
| Common Stock | $953.00K | $953.00K | $953.00K | $953.00K | $953.00K | $953.00K | $953.00K |
| Retained Earnings | $5.91B | $5.86B | $5.58B | $5.45B | $5.32B | $5.28B | $5.01B |
| Treasury Stock | $1.38B | $1.42B | $1.43B | $1.43B | $1.44B | $1.47B | $1.48B |
| Total Stockholders Equity | $6.18B | $6.09B | $5.83B | $5.59B | $5.41B | $5.39B | $5.01B |
| Total Liabilities & Equity | $7.98B | $8.05B | $7.61B | $7.32B | $7.15B | $7.32B | $6.67B |
| Breakdown | Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
|---|---|---|---|---|---|---|---|
| Net Income | $51.87M | $282.69M | $293.00M | $130.03M | $34.78M | $274.76M | $55.50M |
| Depreciation & Amortization | $37.46M | $35.34M | $107.33M | $71.53M | $35.54M | $33.49M | $99.02M |
| Stock-based Compensation | $70.24M | $73.02M | $197.88M | $125.55M | $58.66M | $63.36M | $158.53M |
| Deferred Income Tax | $-8.04M | $-8.01M | $-72.39M | $-42.58M | $-2.34M | $-16.88M | $-74.43M |
| Change in Receivables | $-366.83M | $298.55M | $-66.65M | $-114.81M | $-264.47M | $271.47M | $-168.96M |
| Operating Cash Flow | $398.94M | $257.97M | $537.77M | $363.53M | $282.82M | $232.72M | $484.40M |
| Capital Expenditure | $11.49M | $11.78M | $32.26M | $23.84M | $10.54M | $8.78M | $16.54M |
| Acquisitions | - | - | $1.59M | $1.59M | - | $11.12M | $197.79M |
| Investing Cash Flow | $-30.69M | $-13.53M | $-86.03M | $-49.38M | $-34.44M | $-19.88M | $-220.17M |
| Stock Repurchased | - | - | - | - | - | - | $196.49M |
| Financing Cash Flow | $-68.05M | $-22.07M | $-76.47M | $-69.18M | $-54.64M | $1.28M | $-232.60M |
| Net Change in Cash | $311.41M | $200.69M | $385.86M | $238.76M | $190.31M | $220.86M | $24.95M |
SEC Filing Format - Data shown as it appears in the Q1 2025 (10-Q) filing
Period ended: Mar 31, 2025
Condensed Consolidated Statements of Operations
| Description | Mar 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $504.89M | $466.61M |
| Cost of Revenue | $72.57M | $68.67M |
| Gross Profit | $432.32M | $397.94M |
| Operating Expenses | $373.43M | $354.60M |
| Research & Development | $137.29M | $128.81M |
| Selling General & Admin | $230.41M | $219.64M |
| Operating Income | $58.89M | $43.34M |
| Interest Expense | $10.18M | $12.37M |
| Interest Income | $16.74M | $10.99M |
| Other Income/Expense | $-930.00K | $-1.01M |
| Income Before Tax | $64.53M | $40.96M |
| Income Tax Expense | $12.66M | $6.18M |
| Net Income | $51.87M | $34.78M |
| Basic EPS | 0.59 | 0.40 |
| Diluted EPS | 0.59 | 0.40 |
| Basic Shares Outstanding | $87.65M | $87.07M |
| Diluted Shares Outstanding | $88.13M | $87.78M |
Condensed Consolidated Balance Sheets
| Description | Mar 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Short-term Investments | $70.40M | $50.77M |
| Accounts Receivable | $754.65M | $1.02B |
| Other Current Assets | $265.62M | $311.13M |
| Total Current Assets | $2.85B | $2.83B |
| Property Plant & Equipment | $92.73M | $89.65M |
| Goodwill | $3.80B | $3.78B |
| Intangible Assets | $694.24M | $716.24M |
| Other Non-current Assets | $218.15M | $308.33M |
| Total Assets | $7.98B | $8.05B |
| Accounts Payable | $22.25M | $27.06M |
| Deferred Revenue | $490.32M | $504.53M |
| Total Current Liabilities | $779.10M | $941.18M |
| Long-term Debt | $754.29M | $754.21M |
| Deferred Tax Liabilities | $56.03M | $55.86M |
| Other Non-current Liabilities | $130.32M | $126.80M |
| Common Stock | $953.00K | $953.00K |
| Retained Earnings | $5.91B | $5.86B |
| Treasury Stock | $1.38B | $1.42B |
| Total Stockholders Equity | $6.18B | $6.09B |
| Total Liabilities & Equity | $7.98B | $8.05B |
Condensed Consolidated Statements of Cash Flows
| Description | Mar 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $51.87M | $34.78M |
| Depreciation & Amortization | $37.46M | $35.54M |
| Stock-based Compensation | $70.24M | $58.66M |
| Deferred Income Tax | $-8.04M | $-2.34M |
| Change in Receivables | $-366.83M | $-264.47M |
| Operating Cash Flow | $398.94M | $282.82M |
| Capital Expenditure | $11.49M | $10.54M |
| Investing Cash Flow | $-30.69M | $-34.44M |
| Financing Cash Flow | $-68.05M | $-54.64M |
| Net Change in Cash | $311.41M | $190.31M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.