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$980.60M
Revenue
$53.83M
Net Income
44.39%
Gross Margin
9.59%
Op. Margin
$114.91M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 15 annual reports available (2011 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $980.60M $980.60M $949.25M $881.66M $860.90M $706.79M $590.62M $626.10M $614.34M $521.29M $384.76M
Revenue Growth % 0.0% 3.3% 7.7% 2.4% 21.8% 19.7% -5.7% 1.9% 17.8% 35.5% nan%
Cost of Revenue $545.32M $545.32M $527.70M $481.76M $482.43M $406.46M $346.11M $364.01M $352.81M $300.76M $222.31M
+ Gross Profit $435.28M $435.28M $421.55M $399.90M $378.47M $300.33M $244.52M $262.08M $261.53M $220.53M $162.45M
Gross Margin % 44.4% 44.4% 44.4% 45.4% 44.0% 42.5% 41.4% 41.9% 42.6% 42.3% 42.2%
Operating Expenses $341.27M $341.27M $310.96M $289.40M $275.39M $236.27M $188.63M $206.80M $190.51M $163.34M $129.89M
Research & Development $95.48M $95.48M $95.52M $91.68M $85.77M $72.52M $61.00M $55.97M $51.02M $41.67M $32.00M
Selling General & Admin $195.66M $195.66M $175.94M $164.46M $158.90M $129.16M $109.85M $118.41M $115.90M $102.03M $81.69M
+ Operating Income $94.01M $94.01M $110.58M $110.50M $103.08M $64.05M $55.89M $55.28M $71.01M $57.20M $32.56M
Operating Margin % 9.6% 9.6% 11.6% 12.5% 12.0% 9.1% 9.5% 8.8% 11.6% 11.0% 8.5%
Interest Expense $40.30M $22.57M $32.67M $25.30M $14.26M $6.21M $5.53M $8.39M $8.92M $5.83M $2.92M
Other Income/Expense $-708.00K $-708.00K $-442.00K $-675.00K $-371.00K $-368.00K $21.00K $-243.00K $-44.00K $142.00K $2.20M
Income Before Tax $69.64M $69.64M $79.07M $83.75M $87.16M $56.17M $48.40M $45.77M $61.30M $76.13M $32.52M
Income Tax Expense $15.81M $15.81M $14.98M $10.87M $13.11M $5.84M $3.88M $4.99M $10.21M $13.83M $10.52M
+ Net Income $53.83M $53.83M $64.09M $72.88M $74.05M $50.33M $44.52M $40.77M $49.11M $60.05M $22.00M
Net Margin % 5.5% 5.5% 6.8% 8.3% 8.6% 7.1% 7.5% 6.5% 8.0% 11.5% 5.7%
Basic EPS 1.47 1.47 1.78 2.03 2.08 1.42 1.27 1.16 1.46 1.14 0.63
Diluted EPS 1.47 1.47 1.77 2.02 2.06 1.41 1.25 1.15 1.43 1.13 0.63
Basic Shares Outstanding - 36.6M 36.0M 35.8M 35.7M 35.4M 35.1M 35.0M 34.9M 34.8M 34.7M
Diluted Shares Outstanding - 36.7M 36.1M 36.0M 35.9M 35.8M 35.7M 35.5M 35.5M 35.3M 34.9M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents $380.87M $113.99M $105.05M $100.11M $117.39M $125.05M $78.94M $82.04M $100.06M $68.11M
Accounts Receivable $184.88M $151.03M $139.41M $137.70M $115.62M $75.05M $91.08M $83.95M $81.48M $63.77M
Inventory $188.28M $144.61M $149.37M $168.00M $125.66M $92.74M $116.62M $104.76M $91.28M $59.74M
Other Current Assets $19.18M $15.95M $13.36M $13.21M $13.16M $8.12M $11.97M $9.15M $10.68M $5.57M
Total Current Assets $782.60M $433.65M $415.30M $420.52M $373.82M $304.17M $304.51M $281.77M $287.88M $199.25M
Property Plant & Equipment $118.49M $113.14M $109.45M $103.19M $87.44M $78.68M $77.56M $65.46M $61.72M $35.42M
Goodwill $647.35M $584.10M $484.51M $478.90M $479.50M $285.98M $274.71M $217.66M $210.99M $108.13M
Intangible Assets $180.78M $185.84M $145.02M $175.77M $220.99M $148.52M $166.18M $142.92M $155.05M $61.74M
Other Non-current Assets $8.81M $5.99M $5.62M $4.41M $5.59M $2.89M $2.71M $2.27M $4.02M $12.50M
Total Assets $1.81B $1.39B $1.23B $1.24B $1.23B $865.18M $869.74M $719.58M $726.70M $425.64M
Accounts Payable $94.86M $76.89M $57.20M $75.22M $68.51M $42.97M $52.59M $50.73M $39.79M $32.21M
Deferred Revenue $10.95M $5.71M - - - - - - - -
Other Current Liabilities $16.97M $15.26M - - - - - - - -
Total Current Liabilities $212.37M $167.79M $139.18M $164.52M $183.94M $114.23M $134.85M $104.20M $98.17M $70.50M
Long-term Debt $212.54M $411.95M $349.40M $430.66M $429.36M $194.93M $215.33M $202.84M $225.50M $70.55M
Deferred Tax Liabilities $18.09M $13.09M $16.30M $17.19M $33.74M $24.13M $26.68M - - -
Other Non-current Liabilities $6.99M $4.49M $5.93M $6.08M $9.64M $17.17M $36.89M $17.19M $15.14M $18.71M
Total Liabilities $492.82M $642.81M $552.60M $663.63M $706.59M $388.37M $452.56M $351.32M $368.24M $166.77M
Common Stock $423.86M $423.86M $423.86M $423.86M $423.86M $423.86M $423.86M $423.86M $423.86M $423.86M
Retained Earnings $321.38M $267.55M $203.46M $130.58M $56.53M $6.20M $-38.32M $-79.09M $-127.74M $-167.55M
Total Stockholders Equity $1.31B $745.70M $673.46M $577.59M $521.29M $476.81M $417.17M $368.25M $311.55M $258.87M
Total Liabilities & Equity $1.81B $1.39B $1.23B $1.24B $1.23B $865.18M $869.74M $719.58M $726.70M $425.64M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $53.83M $53.83M $64.09M $72.88M $74.05M $50.33M $44.52M $40.77M $49.11M $60.05M $22.00M
Depreciation & Amortization $104.64M $61.93M $55.56M $46.61M $53.16M $43.39M $38.29M $38.28M $37.05M $30.76M $20.36M
Stock-based Compensation $51.24M $29.54M $23.31M $25.59M $23.11M $25.61M $23.12M $9.34M $7.71M $5.49M $4.29M
Deferred Income Tax $-16.42M $-8.85M $-15.91M $-14.73M $-18.65M $-3.94M $-4.11M $-4.33M $-6.08M $-2.56M $-1.77M
Change in Receivables $41.71M $27.27M $6.19M $127.00K $23.25M $25.36M $-18.03M $3.60M $1.16M $2.08M $6.39M
Change in Inventory $50.42M $36.10M $-4.78M $-11.37M $48.55M $19.08M $-22.10M $7.40M $15.60M $13.59M $2.92M
Operating Cash Flow $142.50M $64.06M $158.51M $120.08M $90.78M $94.62M $140.24M $63.25M $89.65M $63.38M $47.79M
Capital Expenditure $27.58M $15.63M $17.16M $19.96M $19.64M $19.98M $10.52M $10.74M $14.66M $9.09M $8.46M
Acquisitions - - - - - - - - - $168.33M $8.96M
Investing Cash Flow $-138.38M $-74.32M $-208.19M $-19.89M $-42.54M $-306.70M $-13.16M $-63.84M $-45.59M $-177.38M $-12.87M
Debt Repayment $436.46M $365.73M $131.07M $86.55M $59.03M $32.38M $35.39M $50.69M $74.65M $26.93M $16.25M
Stock Repurchased $51.59M $39.28M - - $10.00M - $5.50M $10.00M $5.85M $370.00K $1.63M
Financing Cash Flow $245.70M $276.33M $56.94M $-97.85M $-60.15M $204.75M $-84.36M $-3.94M $-60.16M $143.33M $-23.19M
Net Change in Cash $254.86M $266.88M $8.94M $4.95M $-17.29M $-7.66M $46.11M $-3.10M $-18.01M $31.95M $8.15M
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 $247.84M $244.41M $722.25M $711.18M
Cost of Revenue $136.91M $135.19M $400.23M $397.87M
Gross Profit $110.92M $109.22M $322.02M $313.32M
Operating Expenses $89.07M $76.66M $252.84M $229.44M
Research & Development $24.09M $23.25M $72.62M $70.23M
Selling General & Admin $51.38M $44.32M $144.08M $132.64M
Operating Income $21.85M $32.55M $69.18M $83.88M
Interest Expense - - $17.88M $25.38M
Other Income/Expense $-90.00K $-49.00K $-644.00K $-220.00K
Income Before Tax $15.76M $24.23M $47.97M $58.27M
Income Tax Expense $5.11M $5.03M $11.61M $10.65M
Net Income $10.65M $19.19M $36.36M $47.62M
Basic EPS 0.30 0.53 1.01 1.33
Diluted EPS 0.30 0.53 1.01 1.32
Basic Shares Outstanding $35.97M $35.96M $36.00M $35.94M
Diluted Shares Outstanding $36.04M $36.13M $36.08M $36.12M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $89.22M $113.99M
Accounts Receivable $170.56M $151.03M
Inventory $179.98M $144.61M
Other Current Assets $18.90M $15.95M
Total Current Assets $468.42M $433.65M
Property Plant & Equipment $119.77M $113.14M
Goodwill $647.51M $584.10M
Intangible Assets $193.25M $185.84M
Other Non-current Assets $6.49M $5.99M
Total Assets $1.51B $1.39B
Accounts Payable $100.21M $76.89M
Total Current Liabilities $186.86M $167.79M
Long-term Debt $445.66M $411.95M
Deferred Tax Liabilities $19.70M $13.09M
Other Non-current Liabilities $6.49M $4.49M
Total Liabilities $704.34M $642.81M
Common Stock $423.86M $423.86M
Retained Earnings $303.91M $267.55M
Total Stockholders Equity $801.48M $745.70M
Total Liabilities & Equity $1.51B $1.39B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $10.65M $19.19M $36.36M $47.62M
Depreciation & Amortization - - $44.85M $41.20M
Stock-based Compensation - - $21.30M $18.67M
Deferred Income Tax - - $-6.44M $-11.91M
Change in Receivables - - $12.43M $16.09M
Change in Inventory - - $27.31M $-416.00K
Operating Cash Flow - - $55.25M $96.95M
Capital Expenditure - - $11.96M $14.91M
Investing Cash Flow - - $-70.71M $-206.11M
Debt Repayment - - $49.20M $95.98M
Stock Repurchased - - $20.21M -
Financing Cash Flow - - $-11.32M $92.56M
Net Change in Cash - - $-24.77M $-12.36M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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