$1.66B
Revenue
$825.70M
Net Income
88.15%
Gross Margin
67.67%
Op. Margin
$1.83B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $425.30M | $419.10M | $409.90M | $402.30M | $395.40M | $390.60M | $387.10M |
| Revenue Growth % (YoY) | 7.6% | 7.3% | 5.9% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $49.00M | $48.80M | $49.10M | $49.40M | $48.40M | $46.80M | $47.10M |
| Gross Profit | $376.30M | $370.30M | $360.80M | $352.90M | $347.00M | $343.80M | $340.00M |
| Gross Margin % | 88.5% | 88.4% | 88.0% | 87.7% | 87.8% | 88.0% | 87.8% |
| Operating Expenses | $140.50M | $134.80M | $129.20M | $131.10M | $131.60M | $121.30M | $120.90M |
| Research & Development | $26.50M | $25.40M | $25.70M | $26.00M | $24.90M | $23.20M | $23.80M |
| Selling General & Admin | $65.00M | $60.60M | $54.40M | $55.70M | $58.30M | $51.30M | $50.00M |
| Operating Income | $284.80M | $284.30M | $280.70M | $271.20M | $263.80M | $269.30M | $266.20M |
| Operating Margin % | 67.0% | 67.8% | 68.5% | 67.4% | 66.7% | 68.9% | 68.8% |
| Interest Expense | $18.90M | $18.90M | $18.90M | $20.30M | $18.80M | $18.90M | $18.80M |
| Income Before Tax | $271.10M | $271.70M | $267.30M | $258.40M | $248.10M | $260.90M | $258.90M |
| Income Tax Expense | $64.90M | $58.90M | $59.90M | $59.10M | $56.60M | $59.60M | $60.10M |
| Net Income | $206.20M | $212.80M | $207.40M | $199.30M | $191.50M | $201.30M | $198.80M |
| Net Margin % | 48.5% | 50.8% | 50.6% | 49.5% | 48.4% | 51.5% | 51.4% |
| Basic Shares Outstanding | - | 93.3M | 93.8M | 94.6M | -900K | 97.3M | 98.9M |
| Diluted Shares Outstanding | - | 93.6M | 94.0M | 94.8M | -900K | 97.3M | 99.0M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $307.90M | $235.40M | $314.30M | $575.40M | $206.70M | $267.30M | $252.20M |
| Short-term Investments | $272.60M | $382.30M | $279.50M | $73.10M | $393.20M | $377.60M | $437.70M |
| Accounts Receivable | $7.70M | - | - | - | $5.60M | - | - |
| Other Current Assets | $72.00M | $70.70M | $88.50M | $65.60M | $63.90M | $72.50M | $71.30M |
| Total Current Assets | $652.50M | $688.40M | $682.30M | $714.10M | $663.80M | $717.40M | $761.20M |
| Property Plant & Equipment | $213.70M | $218.60M | $221.20M | $221.50M | $224.50M | $224.80M | $227.80M |
| Goodwill | $52.50M | $52.50M | $52.50M | $52.50M | $52.50M | $52.50M | $52.50M |
| Other Non-current Assets | $28.80M | $31.90M | $34.60M | $37.40M | $39.40M | $36.60M | $38.80M |
| Total Assets | $1.33B | $1.40B | $1.41B | $1.45B | $1.41B | $1.46B | $1.51B |
| Deferred Revenue | $1.04B | $1.04B | $1.03B | $1.02B | $973.50M | $971.00M | $967.10M |
| Total Current Liabilities | $1.33B | $1.31B | $1.26B | $1.29B | $1.53B | $1.53B | $1.19B |
| Other Non-current Liabilities | $9.40M | $11.30M | $9.70M | $10.10M | $10.10M | $16.20M | $17.30M |
| Total Liabilities | $3.48B | $3.45B | $3.40B | $3.42B | $3.36B | $3.36B | $3.32B |
| Common Stock | $9.62B | $9.93B | $10.20B | $10.43B | $10.65B | $10.89B | $11.18B |
| Retained Earnings | $-11.78B | $-11.98B | $-12.19B | $-12.40B | $-12.60B | $-12.79B | $-12.99B |
| Total Stockholders Equity | $-2.15B | $-2.05B | $-1.99B | $-1.98B | $-1.96B | $-1.90B | $-1.82B |
| Total Liabilities & Equity | $1.33B | $1.40B | $1.41B | $1.45B | $1.41B | $1.46B | $1.51B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Net Income | $206.20M | $212.80M | $207.40M | $199.30M | $191.50M | $594.20M | $198.80M |
| Depreciation & Amortization | $6.70M | $7.30M | $8.30M | $8.90M | $8.80M | $28.10M | $19.10M |
| Stock-based Compensation | $17.90M | $18.40M | $33.40M | $17.50M | $15.90M | $15.80M | $29.40M |
| Operating Cash Flow | $289.60M | $801.50M | $493.80M | $291.30M | $231.50M | $671.10M | $417.70M |
| Capital Expenditure | $4.50M | $18.30M | $13.60M | $5.80M | $9.50M | $18.60M | $13.00M |
| Purchases of Investments | $178.60M | $393.60M | $278.60M | $35.20M | $196.70M | $684.00M | $468.10M |
| Investing Cash Flow | $108.50M | $600.00K | $104.60M | $317.60M | $-20.70M | $307.00M | $246.50M |
| Stock Repurchased | $254.40M | $218.70M | $166.80M | $241.70M | $262.30M | $303.10M | $660.20M |
| Dividends Paid | $71.10M | $72.00M | $72.10M | - | - | - | - |
| Financing Cash Flow | $-325.50M | $-777.30M | $-491.00M | $-239.90M | $-270.50M | $-951.00M | $-651.90M |
| Net Change in Cash | $72.50M | $24.90M | $107.50M | $368.70M | $-60.60M | $27.20M | $12.00M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $419.10M | $390.60M | $1.23B | $1.16B |
| Cost of Revenue | $48.80M | $46.80M | $147.30M | $143.00M |
| Operating Expenses | $134.80M | $121.30M | $395.10M | $367.60M |
| Research & Development | $25.40M | $23.20M | $77.10M | $71.80M |
| Selling General & Admin | $60.60M | $51.30M | $170.70M | $152.80M |
| Operating Income | $284.30M | $269.30M | $836.20M | $794.40M |
| Interest Expense | $18.90M | $18.90M | $58.10M | $56.50M |
| Income Before Tax | $271.70M | $260.90M | $797.40M | $773.80M |
| Income Tax Expense | $58.90M | $59.60M | $177.90M | $179.60M |
| Net Income | $212.80M | $201.30M | $619.50M | $594.20M |
| Basic Shares Outstanding | $93.30M | $97.30M | $93.90M | $99.00M |
| Diluted Shares Outstanding | $93.60M | $97.30M | $94.10M | $99.10M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $235.40M | $206.70M |
| Short-term Investments | $382.30M | $393.20M |
| Other Current Assets | $70.70M | $63.90M |
| Total Current Assets | $688.40M | $663.80M |
| Property Plant & Equipment | $218.60M | $224.50M |
| Goodwill | $52.50M | $52.50M |
| Other Non-current Assets | $31.90M | $39.40M |
| Total Assets | $1.40B | $1.41B |
| Deferred Revenue | $1.04B | $973.50M |
| Total Current Liabilities | $1.31B | $1.53B |
| Other Non-current Liabilities | $11.30M | $10.10M |
| Total Liabilities | $3.45B | $3.36B |
| Common Stock | $9.93B | $10.65B |
| Retained Earnings | $-11.98B | $-12.60B |
| Total Stockholders Equity | $-2.05B | $-1.96B |
| Total Liabilities & Equity | $1.40B | $1.41B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $212.80M | $201.30M | $619.50M | $594.20M |
| Depreciation & Amortization | $7.30M | $9.00M | $24.50M | $28.10M |
| Stock-based Compensation | $18.40M | $15.80M | $51.80M | $45.20M |
| Operating Cash Flow | - | - | $801.50M | $671.10M |
| Capital Expenditure | - | - | $18.30M | $18.60M |
| Purchases of Investments | - | - | $393.60M | $684.00M |
| Investing Cash Flow | - | - | $600.00K | $307.00M |
| Stock Repurchased | $218.70M | - | $627.20M | $963.30M |
| Dividends Paid | $72.00M | - | $144.10M | - |
| Financing Cash Flow | - | - | $-777.30M | $-951.00M |
| Net Change in Cash | - | - | $24.90M | $27.20M |
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.