$2.71B
Revenue
$247.10M
Net Income
71.63%
Gross Margin
17.50%
Op. Margin
$658.60M
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) |
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 | $2.71B | $2.71B | $2.07B | $1.70B | $1.31B | $1.10B | $904.40M | $738.20M | $563.82M | $463.77M | $366.99M |
| Revenue Growth % | 0.0% | 30.7% | 22.1% | 30.0% | 18.8% | 21.5% | 22.5% | 30.9% | 21.6% | 26.4% | nan% |
| Cost of Revenue | $768.30M | $768.20M | $625.90M | $537.20M | $499.70M | $346.70M | $322.10M | $257.90M | $193.66M | $186.60M | $155.90M |
| Gross Profit | $1.94B | $1.94B | $1.45B | $1.16B | $805.60M | $752.10M | $582.30M | $480.30M | $370.17M | $277.17M | $211.09M |
| Gross Margin % | 71.6% | 71.6% | 69.8% | 68.3% | 61.7% | 68.4% | 64.4% | 65.1% | 65.7% | 59.8% | 57.5% |
| Operating Expenses | - | - | - | - | - | - | - | $430.30M | $342.75M | $284.56M | $221.79M |
| Research & Development | $301.10M | $301.10M | $219.60M | $205.00M | $180.20M | $160.10M | $146.80M | $129.70M | $88.61M | $74.45M | $55.71M |
| Selling General & Admin | $1.16B | $1.17B | $917.20M | $734.90M | $587.80M | $466.00M | $384.00M | $298.00M | $248.00M | - | - |
| Operating Income | $473.90M | $473.80M | $308.90M | $220.00M | $37.60M | $126.00M | $51.50M | $50.00M | $27.42M | $-7.39M | $-10.70M |
| Operating Margin % | 17.5% | 17.5% | 14.9% | 13.0% | 2.9% | 11.5% | 5.7% | 6.8% | 4.9% | -1.6% | -2.9% |
| Interest Expense | $50.70M | $50.80M | $47.10M | $36.20M | $36.00M | $61.70M | $2.60M | $34.60M | $28.90M | $21.21M | $14.39M |
| Interest Income | $34.70M | $34.70M | $39.50M | $28.60M | $9.30M | $500.00K | - | - | - | - | - |
| Other Income/Expense | $14.20M | $14.30M | $-5.50M | $2.20M | $-1.10M | $-1.90M | $3.30M | $7.80M | $6.71M | $2.63M | $825.00K |
| Income Before Tax | $339.50M | $339.50M | $300.20M | $214.60M | $9.80M | $20.50M | $9.70M | $14.50M | $5.23M | $-26.57M | $-26.82M |
| Income Tax Expense | $92.30M | $92.40M | $-118.10M | $8.30M | $5.20M | $3.70M | $2.90M | $2.90M | $1.93M | $257.00K | $392.00K |
| Net Income | $247.10M | $247.10M | $418.30M | $206.30M | $4.60M | $16.80M | $6.80M | $11.60M | $3.29M | $-26.83M | $-28.88M |
| Net Margin % | 9.1% | 9.1% | 20.2% | 12.2% | 0.4% | 1.5% | 0.8% | 1.6% | 0.6% | -5.8% | -7.9% |
| Basic EPS | 3.50 | 3.51 | 5.97 | 2.96 | 0.07 | 0.25 | 0.11 | 0.19 | 0.06 | -0.46 | -0.48 |
| Diluted EPS | 3.49 | 3.48 | 5.78 | 2.94 | 0.07 | 0.24 | 0.10 | 0.19 | 0.05 | -0.46 | -0.48 |
| Basic Shares Outstanding | - | 70.3M | 70.1M | 69.8M | 69.4M | 67.7M | 64.7M | 60.6M | 58.9M | 58.0M | 57.3M |
| Diluted Shares Outstanding | - | 71.9M | 73.9M | 73.6M | 69.9M | 68.6M | 65.9M | 62.3M | 61.0M | 58.0M | 57.3M |
| 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 | - | - | - | - | - | $907.20M | $213.70M | $113.91M | $272.58M | $137.17M |
| Accounts Receivable | - | - | - | $140.90M | $161.00M | $83.80M | $69.30M | $63.29M | $53.37M | $28.80M |
| Inventory | $452.60M | $430.40M | $402.60M | $346.80M | $303.20M | $154.30M | $101.00M | $71.41M | $33.79M | $35.51M |
| Other Current Assets | $228.30M | $142.00M | $116.40M | $86.90M | $74.00M | $63.00M | $31.10M | $24.25M | $9.95M | $7.07M |
| Total Current Assets | $1.91B | $1.89B | $1.58B | $1.31B | $1.33B | $1.25B | $591.00M | $461.29M | $537.17M | $369.96M |
| Property Plant & Equipment | - | - | - | $599.90M | $536.50M | $478.70M | $399.40M | $258.38M | $107.86M | $46.27M |
| Goodwill | $51.60M | $51.50M | $51.70M | $51.70M | $39.80M | $39.80M | $39.80M | $39.65M | $39.84M | $39.68M |
| Intangible Assets | $117.10M | $98.50M | $98.70M | $75.50M | $36.60M | $28.70M | $13.20M | $10.38M | $4.35M | $528.00K |
| Long-term Investments | - | - | - | - | - | - | $58.40M | $140.78M | $125.55M | - |
| Other Non-current Assets | $205.80M | $181.50M | $190.00M | $210.00M | $106.10M | $77.00M | $41.10M | - | $1.97M | $216.00K |
| Total Assets | $3.19B | $3.09B | $2.59B | $2.25B | $2.05B | $1.87B | $1.14B | $928.74M | $816.74M | $456.65M |
| Accounts Payable | $75.00M | $19.80M | $19.20M | $30.80M | $37.70M | $54.10M | $54.50M | $25.50M | $24.41M | $13.16M |
| Accrued Liabilities | - | - | - | $301.00M | $166.00M | $138.10M | $103.20M | $88.97M | $59.26M | $40.96M |
| Deferred Revenue | $14.00M | $12.00M | $15.40M | - | - | - | - | $1.18M | $2.36M | $1.31M |
| Total Current Liabilities | $680.10M | $528.40M | $451.20M | $364.70M | $228.80M | $207.80M | $157.70M | $115.66M | $86.03M | $55.70M |
| Long-term Debt | $930.80M | $1.30B | $1.37B | $1.37B | $1.25B | $1.04B | $887.90M | $591.98M | $566.17M | $332.77M |
| Other Non-current Liabilities | $64.40M | $51.60M | $37.90M | $35.70M | $14.90M | $17.80M | $21.40M | $9.01M | $6.03M | $5.03M |
| Total Liabilities | $1.68B | $1.88B | $1.86B | $1.77B | $1.49B | $1.27B | $1.07B | $716.64M | $658.23M | $393.50M |
| Common Stock | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $59.00K | $58.00K | $57.00K |
| Retained Earnings | $287.40M | $40.30M | $-378.00M | $-584.30M | $-649.50M | $-666.30M | $-672.00M | $-683.61M | $-707.25M | $-680.42M |
| Total Stockholders Equity | $1.52B | $1.21B | $732.70M | $476.40M | $556.30M | $603.60M | $75.90M | $212.10M | $158.52M | $63.15M |
| Total Liabilities & Equity | $3.19B | $3.09B | $2.59B | $2.25B | $2.05B | $1.87B | $1.14B | $928.74M | $816.74M | $456.65M |
| 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 | $247.10M | $247.10M | $418.30M | $206.30M | $4.60M | $16.80M | $6.80M | $11.60M | $3.29M | $-26.83M | $-28.88M |
| Depreciation & Amortization | $156.10M | $90.40M | $80.80M | $72.80M | $63.20M | $57.40M | $55.40M | $27.90M | $15.65M | $13.85M | $13.83M |
| Stock-based Compensation | $106.60M | $62.70M | $69.30M | $48.30M | $40.90M | $34.40M | $35.90M | $28.70M | $37.52M | $31.94M | $23.62M |
| Deferred Income Tax | - | $62.30M | $-136.90M | $500.00K | - | - | - | - | - | - | - |
| Change in Receivables | - | - | - | $99.40M | $12.90M | $71.30M | $15.60M | $10.80M | $14.60M | $26.32M | $-12.55M |
| Change in Inventory | $21.90M | $10.60M | $32.40M | $53.60M | $49.10M | $154.40M | $50.50M | $30.20M | $38.83M | $-1.69M | $24.10M |
| Change in Payables | $158.30M | $49.20M | $2.20M | $-11.00M | $-2.40M | $-15.60M | $7.10M | $25.60M | $-5.40M | - | - |
| Operating Cash Flow | $893.40M | $569.30M | $430.30M | $145.70M | $119.00M | $-68.10M | $84.00M | $98.40M | $35.90M | $41.21M | $15.91M |
| Capital Expenditure | $234.80M | $191.60M | $124.90M | $75.60M | $122.90M | $111.90M | $129.00M | $163.70M | $162.35M | $77.23M | $22.11M |
| Purchases of Investments | - | - | $12.20M | $7.20M | $7.80M | - | $37.90M | - | - | - | - |
| Investing Cash Flow | $-277.30M | $-222.70M | $-146.20M | $-119.40M | $-191.10M | $-82.70M | $14.00M | $-73.60M | $-184.50M | $-210.80M | $-178.01M |
| Stock Issued | - | - | - | - | - | - | $477.50M | - | - | - | $4.85M |
| Stock Repurchased | - | $59.60M | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $-383.30M | $-595.30M | $-28.10M | $-13.60M | $-40.30M | $40.70M | $605.50M | $73.50M | $-8.66M | $304.55M | $176.57M |
| Net Change in Cash | $260.60M | $-237.30M | $249.20M | $14.50M | $-116.70M | $-115.60M | $708.30M | $99.80M | $-158.67M | $135.40M | $14.50M |
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 | $706.30M | $543.90M | $1.92B | $1.47B |
| Cost of Revenue | $196.20M | $166.80M | $553.00M | $459.30M |
| Gross Profit | $510.10M | $377.10M | $1.37B | $1.01B |
| Research & Development | $77.20M | $54.90M | $210.20M | $159.00M |
| Selling General & Admin | $315.20M | $234.10M | $833.60M | $656.30M |
| Operating Income | $117.70M | $88.10M | $327.50M | $199.60M |
| Interest Expense | $15.60M | $12.40M | $44.50M | $34.10M |
| Interest Income | $8.60M | $10.50M | $29.00M | $29.20M |
| Other Income/Expense | $12.10M | $-3.40M | $11.20M | $-5.90M |
| Income Before Tax | $122.80M | $82.90M | $199.30M | $188.80M |
| Income Tax Expense | $35.20M | $5.40M | $53.90M | $-128.80M |
| Net Income | $87.60M | $77.50M | $145.50M | $317.60M |
| Basic EPS | 1.24 | 1.11 | 2.07 | 4.53 |
| Diluted EPS | 1.24 | 1.08 | 2.05 | 4.40 |
| Basic Shares Outstanding | $70.37M | $70.12M | $70.34M | $70.05M |
| Diluted Shares Outstanding | $70.66M | $73.95M | $72.29M | $73.83M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Inventory | $446.30M | $430.40M |
| Other Current Assets | $120.80M | $91.50M |
| Total Current Assets | $1.86B | $1.89B |
| Goodwill | $51.60M | $51.50M |
| Intangible Assets | $105.00M | $98.50M |
| Other Non-current Assets | $188.30M | $181.60M |
| Total Assets | $3.03B | $3.09B |
| Accounts Payable | $48.20M | $19.80M |
| Total Current Liabilities | $647.70M | $528.40M |
| Long-term Debt | $934.90M | $1.30B |
| Other Non-current Liabilities | $62.60M | $51.70M |
| Total Liabilities | $1.65B | $1.88B |
| Common Stock | $100.00K | $100.00K |
| Retained Earnings | $185.80M | $40.30M |
| Total Stockholders Equity | $1.38B | $1.21B |
| Total Liabilities & Equity | $3.03B | $3.09B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $87.60M | $77.50M | $145.50M | $317.60M |
| Depreciation & Amortization | - | - | $66.00M | $59.30M |
| Stock-based Compensation | - | - | $42.40M | $49.30M |
| Change in Inventory | - | - | $4.70M | $38.60M |
| Change in Payables | - | - | $25.60M | $20.00M |
| Operating Cash Flow | - | - | $386.00M | $282.70M |
| Capital Expenditure | - | - | $56.50M | $71.30M |
| Purchases of Investments | - | - | - | $200.00K |
| Investing Cash Flow | - | - | $-69.90M | $-78.20M |
| Stock Repurchased | - | - | $59.60M | - |
| Financing Cash Flow | - | - | $-522.80M | $-7.20M |
| Net Change in Cash | - | - | $-195.90M | $198.50M |
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.