$1.14B
Revenue
$-252.43M
Net Income
57.73%
Gross Margin
-20.74%
Op. Margin
$343.83M
Free Cash Flow
| Breakdown | TTM (Sep 30, 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 | $1.14B | $1.16B | $1.11B | $1.06B | $927.74M | $913.22M | $900.42M | $848.61M | $788.31M | $730.82M |
| Revenue Growth % | -1.7% | 4.5% | 4.5% | 14.1% | 1.6% | 1.4% | 6.1% | 7.6% | 7.9% | nan% |
| Cost of Revenue | $479.97M | $516.29M | $502.19M | $505.39M | $443.19M | $428.06M | $418.42M | $381.74M | $361.90M | $339.22M |
| Gross Profit | $655.45M | $639.20M | $603.24M | $552.72M | $484.55M | $485.15M | $482.00M | $466.86M | $426.40M | $391.60M |
| Gross Margin % | 57.7% | 55.3% | 54.6% | 52.2% | 52.2% | 53.1% | 53.5% | 55.0% | 54.1% | 53.6% |
| Operating Expenses | $890.90M | $909.71M | $558.54M | $581.20M | $459.64M | $447.91M | $454.85M | $407.45M | $362.37M | $329.80M |
| Research & Development | $143.70M | $160.59M | $153.30M | $156.91M | $124.57M | $100.15M | $106.16M | $98.81M | $89.91M | $89.87M |
| Operating Income | $-235.45M | $-270.51M | $44.70M | $-28.48M | $24.91M | $37.24M | $27.14M | $59.42M | $64.03M | $61.80M |
| Operating Margin % | -20.7% | -23.4% | 4.0% | -2.7% | 2.7% | 4.1% | 3.0% | 7.0% | 8.1% | 8.5% |
| Interest Expense | $67.63M | $55.63M | $39.92M | $35.80M | $18.00M | $17.29M | $20.62M | $15.90M | $12.10M | $10.58M |
| Interest Income | - | $9.85M | $8.82M | - | - | - | - | - | - | - |
| Other Income/Expense | - | $4.22M | $4.08M | - | - | - | - | - | - | - |
| Income Before Tax | $-291.72M | $-311.59M | $17.64M | $-55.58M | $7.08M | $21.61M | $10.59M | $44.62M | $54.19M | $50.93M |
| Income Tax Expense | $-39.30M | $-28.42M | $15.82M | $-10.17M | $1.39M | $13.90M | $-1.32M | $-219.00K | $-11.74M | $9.41M |
| Net Income | $-252.43M | $-283.17M | $1.82M | $-45.41M | $5.70M | $7.72M | $11.91M | $44.84M | $65.93M | $41.52M |
| Net Margin % | -22.2% | -24.5% | 0.2% | -4.3% | 0.6% | 0.8% | 1.3% | 5.3% | 8.4% | 5.7% |
| Basic EPS | -4.89 | -5.60 | 0.03 | -0.88 | 0.12 | 0.16 | 0.25 | 0.95 | 1.41 | 0.90 |
| Diluted EPS | -4.89 | -5.60 | 0.03 | -0.88 | 0.12 | 0.16 | 0.25 | 0.93 | 1.38 | 0.88 |
| Basic Shares Outstanding | 47.7M | 50.6M | 52.5M | 51.6M | 47.4M | 48.2M | 47.7M | 47.2M | 46.7M | 46.1M |
| Diluted Shares Outstanding | 48.5M | 50.6M | 53.7M | 51.6M | 48.2M | 48.7M | 48.3M | 48.0M | 47.8M | 47.3M |
| Breakdown | 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 | $67.63M | $31.25M | $31.69M | $55.15M | $35.75M | $31.81M | $30.87M | $29.83M | $16.90M |
| Accounts Receivable | $83.54M | $101.86M | $102.81M | $102.73M | $95.40M | $88.87M | $86.59M | $96.29M | $88.93M |
| Other Current Assets | $81.29M | $99.28M | $81.65M | $95.51M | $78.37M | $67.85M | $59.79M | $56.10M | $48.31M |
| Total Current Assets | $976.31M | $929.76M | $918.64M | $850.97M | $819.06M | $734.54M | $597.98M | $794.10M | $507.92M |
| Property Plant & Equipment | $91.93M | $98.69M | $107.43M | $111.43M | $105.18M | $35.55M | $40.03M | $42.24M | $50.27M |
| Goodwill | $1.05B | $1.05B | $1.05B | $1.06B | $635.85M | $634.09M | $545.21M | $530.25M | $438.24M |
| Intangible Assets | $132.88M | $581.94M | $635.14M | $698.05M | $277.51M | $317.89M | $291.62M | $314.65M | $253.68M |
| Other Non-current Assets | $67.22M | $51.04M | $94.30M | $77.27M | $72.64M | $65.19M | $65.36M | $24.08M | $22.52M |
| Total Assets | $2.50B | $2.91B | $2.99B | $2.97B | $2.04B | $1.99B | $1.62B | $1.76B | $1.31B |
| Deferred Revenue | $359.53M | $392.53M | $382.42M | $374.50M | $312.24M | $314.33M | $295.99M | $276.46M | $244.50M |
| Total Current Liabilities | $1.25B | $1.20B | $1.23B | $1.11B | $1.01B | $988.84M | $805.65M | $976.00M | $680.12M |
| Long-term Debt | $1.05B | $760.40M | $840.24M | $937.48M | $518.19M | $459.60M | $379.62M | $429.65M | $338.02M |
| Deferred Tax Liabilities | $9.52M | $93.29M | $125.76M | $148.47M | $54.09M | $44.59M | $44.29M | $37.60M | $29.56M |
| Other Non-current Liabilities | $4.80M | $10.26M | $4.29M | $1.34M | $10.87M | $5.74M | $9.39M | $5.63M | $8.53M |
| Total Liabilities | $2.35B | $2.10B | $2.25B | $2.25B | $1.62B | $1.60B | $1.24B | $1.45B | $1.06B |
| Common Stock | $71.00K | $69.00K | $68.00K | $66.00K | $61.00K | $60.00K | $59.00K | $59.00K | $58.00K |
| Retained Earnings | $-84.30M | $198.87M | $197.05M | $242.46M | $236.71M | $234.85M | $246.48M | $195.65M | $152.73M |
| Treasury Stock | $1.06B | $591.56M | $537.29M | $500.91M | $353.09M | $290.67M | $266.88M | $239.20M | $215.24M |
| Total Stockholders Equity | $141.99M | $808.71M | $744.03M | $717.06M | $426.15M | $396.76M | $373.78M | $306.90M | $247.54M |
| Total Liabilities & Equity | $2.50B | $2.91B | $2.99B | $2.97B | $2.04B | $1.99B | $1.62B | $1.76B | $1.31B |
| Breakdown | TTM (Sep 30, 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 | $-252.43M | $-283.17M | $1.82M | $-45.41M | $5.70M | $7.72M | $11.91M | $44.84M | $65.93M | $41.52M |
| Depreciation & Amortization | $159.69M | $121.67M | $109.49M | $102.37M | $82.41M | $92.73M | $85.69M | $79.57M | $73.95M | $70.49M |
| Stock-based Compensation | $171.21M | $104.97M | $127.76M | $110.29M | $120.38M | $87.26M | $58.63M | $48.27M | $40.63M | $32.64M |
| Deferred Income Tax | $-80.79M | $-85.01M | $-24.37M | $-26.64M | $-2.43M | $8.84M | $-3.60M | $-619.00K | $-14.33M | $3.03M |
| Change in Receivables | $58.83M | $-4.73M | $3.24M | $7.34M | $6.53M | $18.41M | $6.57M | $-2.17M | $15.75M | $13.20M |
| Operating Cash Flow | $350.84M | $295.97M | $199.63M | $203.89M | $213.66M | $147.96M | $182.48M | $201.38M | $176.29M | $153.63M |
| Capital Expenditure | $7.01M | $7.44M | $4.68M | $12.29M | $11.66M | $29.69M | $11.49M | $14.72M | $10.21M | $17.69M |
| Acquisitions | - | - | $13.00K | $20.91M | $419.12M | - | $109.35M | $44.94M | $146.79M | $3.38M |
| Investing Cash Flow | $-141.62M | $-73.41M | $-64.39M | $-85.55M | $-471.27M | $-71.85M | $-167.22M | $-97.79M | $-184.88M | $-47.43M |
| Debt Repayment | $654.63M | $1.14B | $374.60M | $310.74M | $152.97M | $747.56M | $344.50M | $322.48M | $679.12M | $293.57M |
| Stock Repurchased | $429.20M | $418.03M | $18.83M | - | $108.42M | $41.00M | - | - | - | - |
| Dividends Paid | - | - | - | - | - | $5.96M | $23.61M | $23.31M | $23.07M | $22.81M |
| Financing Cash Flow | $-474.24M | $-139.35M | $-142.97M | $-25.69M | $264.11M | $-10.68M | $111.21M | $-291.91M | $278.64M | $-104.55M |
| Net Change in Cash | $-255.85M | $81.25M | $-5.67M | $82.17M | $6.79M | $67.67M | $127.45M | $-190.33M | $269.50M | $100.27M |
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 | $281.14M | $287.30M | $833.11M | - |
| Cost of Revenue | $113.65M | $126.40M | $342.10M | - |
| Gross Profit | $167.49M | $160.90M | $491.01M | - |
| Operating Expenses | $112.92M | $119.50M | $359.40M | - |
| Research & Development | $37.20M | $37.40M | $104.35M | - |
| Operating Income | $54.57M | $41.40M | $131.61M | - |
| Interest Expense | $16.77M | - | $52.13M | - |
| Income Before Tax | $41.04M | $29.00M | $85.95M | - |
| Income Tax Expense | $-6.45M | $7.80M | $7.67M | - |
| Net Income | $47.49M | $21.24M | $78.28M | - |
| Basic EPS | 1.00 | 0.42 | 1.63 | - |
| Diluted EPS | 0.98 | 0.41 | 1.61 | - |
| Basic Shares Outstanding | $47.68M | - | $47.96M | - |
| Diluted Shares Outstanding | $48.50M | - | $48.63M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $38.26M | $67.63M |
| Accounts Receivable | $82.56M | $83.54M |
| Other Current Assets | $94.84M | $81.57M |
| Total Current Assets | $638.84M | $976.59M |
| Property Plant & Equipment | $85.33M | $91.93M |
| Goodwill | $1.06B | $1.05B |
| Intangible Assets | $112.70M | $132.88M |
| Other Non-current Assets | $51.92M | $67.22M |
| Total Assets | $2.10B | $2.50B |
| Deferred Revenue | $383.14M | $358.55M |
| Total Current Liabilities | $929.38M | $1.25B |
| Long-term Debt | $1.04B | $1.05B |
| Deferred Tax Liabilities | $9.25M | $25.00M |
| Other Non-current Liabilities | $8.82M | $4.80M |
| Total Liabilities | $2.00B | $2.37B |
| Common Stock | $72.00K | $71.00K |
| Retained Earnings | $-21.18M | $-99.46M |
| Total Stockholders Equity | $108.19M | $126.84M |
| Total Liabilities & Equity | $2.10B | $2.50B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $47.49M | $21.24M | $78.28M | - |
| Depreciation & Amortization | - | - | $64.65M | - |
| Stock-based Compensation | - | - | $71.08M | - |
| Deferred Income Tax | - | - | $-16.68M | - |
| Change in Receivables | - | - | $2.42M | - |
| Operating Cash Flow | - | - | $207.54M | - |
| Capital Expenditure | - | - | $4.80M | - |
| Investing Cash Flow | - | - | $-57.31M | - |
| Debt Repayment | - | - | $316.92M | - |
| Stock Repurchased | - | - | $133.34M | - |
| Financing Cash Flow | - | - | $-508.07M | - |
| Net Change in Cash | - | - | $-352.07M | - |
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.