$1.45B
Revenue
$47.35M
Net Income
85.76%
Gross Margin
12.62%
Op. Margin
$304.80M
Free Cash Flow
| 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) |
|---|---|---|---|---|---|---|
| Total Revenue | $1.45B | $1.45B | $1.40B | $1.36B | $1.39B | $1.42B |
| Revenue Growth % | 0.0% | 3.5% | 2.8% | -1.9% | -1.8% | nan% |
| Cost of Revenue | $206.60M | $206.60M | $200.32M | $197.29M | $195.55M | $188.05M |
| Gross Profit | $1.24B | - | - | - | - | $1.23B |
| Gross Margin % | 85.8% | nan% | nan% | nan% | nan% | 86.7% |
| Operating Expenses | - | - | - | - | - | $1.06B |
| Research & Development | $61.96M | $61.96M | $67.37M | $68.86M | $74.09M | $78.87M |
| Operating Income | $183.09M | $183.09M | $113.65M | $132.61M | $198.94M | $167.34M |
| Operating Margin % | 12.6% | 12.6% | 8.1% | 9.7% | 14.3% | 11.8% |
| Interest Expense | - | $37.60M | $35.30M | $41.60M | - | - |
| Other Income/Expense | $-5.89M | $-5.89M | $4.97M | $-9.47M | $8.44M | $1.29M |
| Income Before Tax | $80.75M | $80.75M | $93.19M | $74.97M | $131.15M | $351.35M |
| Income Tax Expense | $25.45M | $25.45M | $41.37M | $24.14M | $57.96M | $-14.20M |
| Net Income | $47.35M | $47.35M | $63.05M | $41.50M | $63.76M | $496.71M |
| Net Margin % | 3.3% | 3.3% | 4.5% | 3.0% | 4.6% | 35.1% |
| Basic EPS | 1.14 | 1.16 | 1.42 | 0.89 | 1.36 | 10.81 |
| Diluted EPS | 1.11 | 1.15 | 1.42 | 0.89 | 1.36 | 10.37 |
| Basic Shares Outstanding | - | 41.0M | 44.5M | 46.4M | 47.0M | 45.9M |
| Diluted Shares Outstanding | - | 41.1M | 44.5M | 46.5M | 47.0M | 47.9M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $607.01M | $505.88M | $737.61M | $652.79M | $694.84M |
| Short-term Investments | - | - | $27.11M | $58.42M | $229.20M |
| Accounts Receivable | $667.22M | $660.22M | $337.70M | $304.74M | $316.34M |
| Other Current Assets | $96.17M | $105.97M | $88.57M | $68.32M | $60.29M |
| Total Current Assets | $1.37B | $1.27B | $1.19B | $1.08B | $1.30B |
| Property Plant & Equipment | $213.18M | $197.22M | $188.17M | $178.18M | $161.21M |
| Goodwill | $1.61B | $1.58B | $1.55B | $1.59B | $1.53B |
| Intangible Assets | $344.21M | $425.75M | - | - | - |
| Long-term Investments | $93.23M | $158.19M | $140.91M | $127.87M | $122.59M |
| Other Non-current Assets | $29.46M | $63.37M | $70.75M | $80.13M | $20.09M |
| Total Assets | $3.66B | $3.70B | $3.47B | $3.53B | $3.77B |
| Accounts Payable | $151.29M | $164.35M | $123.26M | $120.83M | $130.98M |
| Deferred Revenue | $189.99M | $199.66M | $184.55M | $187.90M | $185.57M |
| Other Current Liabilities | $17.33M | $9.50M | $15.89M | $22.29M | $130.00K |
| Total Current Liabilities | $1.07B | $899.65M | $431.83M | $432.45M | $497.24M |
| Long-term Debt | $866.50M | $864.28M | $1.00B | $999.05M | $1.04B |
| Deferred Tax Liabilities | $41.41M | $46.02M | $45.50M | $79.01M | $108.98M |
| Other Non-current Liabilities | $36.87M | $47.70M | $46.67M | $68.99M | $37.54M |
| Total Liabilities | $1.91B | $1.89B | $1.58B | $1.64B | $1.80B |
| Common Stock | $384.00K | $428.00K | $461.00K | $473.00K | $474.00K |
| Retained Earnings | $1.34B | $1.40B | $1.49B | $1.54B | $1.52B |
| Total Stockholders Equity | $1.75B | $1.81B | $1.89B | $1.89B | $1.97B |
| Total Liabilities & Equity | $3.66B | $3.70B | $3.47B | $3.53B | $3.77B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $71.59M | $47.35M | $63.05M | $41.50M | $63.76M | $496.71M |
| Depreciation & Amortization | $397.96M | $228.69M | $211.92M | $236.97M | $233.40M | $258.30M |
| Stock-based Compensation | $76.16M | $44.93M | $40.91M | $31.92M | $26.60M | $25.25M |
| Deferred Income Tax | $-2.81M | $3.96M | $-18.82M | $-30.02M | $-12.99M | - |
| Change in Receivables | $-282.76M | $8.38M | $153.12M | $35.37M | $-14.95M | $18.05M |
| Operating Cash Flow | $505.37M | $407.07M | $390.31M | $319.96M | $336.44M | $516.54M |
| Capital Expenditure | $200.57M | $119.20M | $106.64M | $108.73M | $106.15M | $113.74M |
| Acquisitions | $156.88M | $67.34M | $217.57M | $9.49M | $104.09M | $141.15M |
| Investing Cash Flow | $-282.18M | $-145.75M | $-297.45M | $-127.41M | $-220.77M | $59.09M |
| Debt Repayment | - | - | $134.99M | - | $166.90M | $512.39M |
| Stock Repurchased | $277.53M | $173.79M | $185.18M | $108.53M | $78.29M | $78.33M |
| Dividends Paid | - | - | - | - | - | - |
| Financing Cash Flow | $-272.19M | $-170.29M | $-320.99M | $-114.79M | $-140.83M | $-113.09M |
| Net Change in Cash | $-22.36M | $101.13M | $-231.73M | $84.82M | $-42.05M | $452.19M |
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 | $363.71M | $353.58M | $1.04B | $988.87M |
| Cost of Revenue | $53.15M | $51.17M | $149.33M | $147.08M |
| Research & Development | $15.40M | $15.26M | $47.76M | $49.82M |
| Operating Income | $28.43M | $-29.30M | $97.04M | $35.13M |
| Other Income/Expense | $4.10M | $-2.63M | $-4.49M | $2.53M |
| Income Before Tax | $9.14M | $-35.96M | $60.85M | $18.62M |
| Income Tax Expense | $12.78M | $12.54M | $25.65M | $27.76M |
| Net Income | $-3.60M | $-48.58M | $46.98M | $-1.04M |
| Basic EPS | -0.09 | -1.11 | 1.13 | -0.02 |
| Diluted EPS | -0.09 | -1.11 | 1.13 | -0.02 |
| Basic Shares Outstanding | $40.56M | $43.92M | $41.61M | $45.09M |
| Diluted Shares Outstanding | $40.56M | $43.92M | $41.69M | $45.09M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $503.37M | $505.88M |
| Accounts Receivable | $473.16M | $660.22M |
| Other Current Assets | $148.02M | $105.97M |
| Total Current Assets | $1.12B | $1.27B |
| Property Plant & Equipment | $207.85M | $197.22M |
| Goodwill | $1.61B | $1.58B |
| Intangible Assets | $375.32M | $425.75M |
| Long-term Investments | $119.56M | $158.19M |
| Other Non-current Assets | $35.95M | $63.37M |
| Total Assets | $3.48B | $3.70B |
| Deferred Revenue | $203.14M | $199.66M |
| Other Current Liabilities | $17.29M | $9.50M |
| Total Current Liabilities | $698.01M | $899.65M |
| Long-term Debt | $865.94M | $864.28M |
| Deferred Tax Liabilities | $45.40M | $46.02M |
| Other Non-current Liabilities | $38.90M | $47.70M |
| Total Liabilities | $1.68B | $1.89B |
| Common Stock | $400.00K | $428.00K |
| Retained Earnings | $1.37B | $1.40B |
| Total Stockholders Equity | $1.80B | $1.81B |
| Total Liabilities & Equity | $3.48B | $3.70B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-3.60M | $-48.58M | $46.98M | $-1.04M |
| Depreciation & Amortization | $57.32M | $51.35M | $170.76M | $151.94M |
| Stock-based Compensation | - | - | $33.68M | $30.63M |
| Deferred Income Tax | - | - | $1.17M | $-14.57M |
| Change in Receivables | - | - | $-187.76M | $-46.58M |
| Operating Cash Flow | - | - | $215.99M | $232.08M |
| Capital Expenditure | - | - | $85.89M | $79.48M |
| Acquisitions | - | - | $67.09M | $211.53M |
| Investing Cash Flow | - | - | $-116.37M | $-264.57M |
| Debt Repayment | - | - | - | $134.99M |
| Stock Repurchased | - | - | $113.22M | $183.98M |
| Financing Cash Flow | - | - | $-111.47M | $-323.10M |
| Net Change in Cash | - | - | $-2.51M | $-351.49M |
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.