$1.14B
Revenue
$-252.43M
Net Income
57.73%
Gross Margin
-20.74%
Op. Margin
$343.83M
Free Cash Flow
| Breakdown | 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $281.14M | $281.38M | $270.66M | $302.23M | $286.73M | $287.29M | $279.25M | $295.01M | $277.63M | $271.04M | $261.75M | $274.76M | $261.30M |
| Revenue Growth % (YoY) | -1.9% | -2.1% | -3.1% | 2.4% | 3.3% | 6.0% | 6.7% | 7.4% | 6.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $113.65M | $113.63M | $114.81M | $137.87M | $127.52M | $124.70M | $126.21M | $135.84M | $121.77M | $121.47M | $123.11M | $135.48M | $120.94M |
| Gross Profit | $167.49M | $167.75M | $155.85M | $164.36M | $159.21M | $162.59M | $153.04M | $159.18M | $155.86M | $149.57M | $138.64M | $139.27M | $140.36M |
| Gross Margin % | 59.6% | 59.6% | 57.6% | 54.4% | 55.5% | 56.6% | 54.8% | 54.0% | 56.1% | 55.2% | 53.0% | 50.7% | 53.7% |
| Operating Expenses | $112.92M | $111.06M | $135.42M | $531.50M | $115.39M | $120.49M | $142.32M | $126.86M | $133.82M | $149.27M | $148.59M | $154.82M | $147.37M |
| Research & Development | $37.20M | $33.59M | $33.56M | $39.35M | $39.37M | $39.07M | $42.80M | $38.60M | $37.97M | $36.15M | $40.59M | $38.18M | $40.45M |
| Operating Income | $54.57M | $56.69M | $20.43M | $-367.14M | $43.83M | $42.09M | $10.72M | $32.31M | $22.04M | $294.00K | $-9.95M | $-15.55M | $-7.01M |
| Operating Margin % | 19.4% | 20.1% | 7.5% | -121.5% | 15.3% | 14.7% | 3.8% | 11.0% | 7.9% | 0.1% | -3.8% | -5.7% | -2.7% |
| Interest Expense | $16.77M | $18.41M | $16.95M | $15.50M | $14.14M | $15.71M | $10.28M | $8.47M | $9.62M | $11.17M | $10.66M | $9.89M | $9.34M |
| Income Before Tax | $41.04M | $39.39M | $5.59M | $-377.75M | $32.68M | $29.69M | $3.79M | $26.25M | $18.09M | $-8.10M | $-18.60M | $-25.43M | $-11.89M |
| Income Tax Expense | $-6.45M | $13.41M | $723.00K | $-46.99M | $12.14M | $7.88M | $-1.46M | $20.86M | $9.07M | $-10.20M | $-3.90M | $-4.17M | $-1.58M |
| Net Income | $47.49M | $25.98M | $4.87M | $-330.76M | $20.54M | $21.80M | $5.25M | $5.40M | $9.02M | $2.10M | $-14.70M | $-21.26M | $-10.32M |
| Net Margin % | 16.9% | 9.2% | 1.8% | -109.4% | 7.2% | 7.6% | 1.9% | 1.8% | 3.2% | 0.8% | -5.6% | -7.7% | -3.9% |
| Basic EPS | 1.00 | 0.54 | 0.10 | -6.53 | 0.41 | 0.43 | 0.10 | 0.10 | 0.17 | 0.04 | -0.28 | -0.41 | -0.20 |
| Diluted EPS | 0.98 | 0.54 | 0.10 | -6.51 | 0.40 | 0.42 | 0.10 | 0.10 | 0.17 | 0.04 | -0.28 | -0.41 | -0.20 |
| Basic Shares Outstanding | 47.7M | 47.8M | 48.4M | -507K | 50.4M | 50.7M | 52.1M | 51K | 52.7M | 52.6M | 52.1M | 50K | 51.7M |
| Diluted Shares Outstanding | 48.5M | 48.2M | 49.4M | -1.5M | 51.6M | 51.7M | 53.4M | 1.2M | 54.1M | 53.6M | 52.1M | 50K | 51.7M |
| Breakdown | 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $38.26M | $41.57M | $37.24M | $67.63M | $34.63M | $30.44M | $26.38M | $31.25M | $31.09M | $29.04M | $24.08M | $31.69M | $31.41M |
| Accounts Receivable | $82.56M | $145.24M | $78.11M | $83.54M | $97.99M | $152.83M | $96.10M | $101.86M | $102.75M | $168.91M | $100.25M | $102.81M | $86.70M |
| Other Current Assets | $94.84M | $91.22M | $88.18M | $81.29M | $87.50M | $92.29M | $94.59M | $99.28M | $82.41M | $81.60M | $88.78M | $81.65M | $83.64M |
| Total Current Assets | $638.84M | $1.15B | $627.45M | $976.31M | $655.56M | $1.08B | $577.08M | $929.76M | $579.41M | $1.04B | $579.32M | $918.64M | $547.54M |
| Property Plant & Equipment | $85.33M | $83.05M | $85.03M | $91.93M | $95.05M | $98.07M | $96.07M | $98.69M | $100.58M | $104.67M | $105.31M | $107.43M | $109.47M |
| Goodwill | $1.06B | $1.06B | $1.05B | $1.05B | $1.06B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B |
| Intangible Assets | $112.70M | $120.79M | $126.34M | $132.88M | $536.01M | $549.52M | $565.01M | $581.94M | $594.17M | $609.52M | $622.24M | $635.14M | $643.99M |
| Other Non-current Assets | $51.92M | $54.78M | $57.27M | $67.22M | $60.44M | $68.78M | $59.88M | $51.04M | $83.65M | $84.25M | $87.95M | $94.30M | $95.38M |
| Total Assets | $2.10B | $2.63B | $2.10B | $2.50B | $2.60B | $3.04B | $2.55B | $2.91B | $2.60B | $3.09B | $2.64B | $2.99B | $2.63B |
| Deferred Revenue | $383.14M | $399.21M | $326.21M | $359.53M | $411.55M | $427.10M | $360.36M | $392.53M | $415.81M | $434.63M | $361.00M | $382.42M | $393.68M |
| Total Current Liabilities | $929.38M | $1.38B | $863.90M | $1.25B | $962.21M | $1.35B | $862.63M | $1.20B | $937.60M | $1.36B | $863.86M | $1.23B | $871.02M |
| Long-term Debt | $1.04B | $1.14B | $1.18B | $1.05B | $977.02M | $998.07M | $1.02B | $760.40M | $723.38M | $827.40M | $858.91M | $840.24M | $835.88M |
| Deferred Tax Liabilities | $9.25M | $9.77M | $9.60M | $9.52M | $68.20M | $75.40M | $82.45M | $93.29M | $94.32M | $91.31M | $131.46M | $125.76M | $131.77M |
| Other Non-current Liabilities | $8.82M | $7.80M | $4.77M | $4.80M | $12.30M | $4.36M | $4.16M | $10.26M | $2.98M | $4.76M | $13.23M | $4.29M | $5.78M |
| Total Liabilities | $2.00B | $2.54B | $2.07B | $2.35B | $2.06B | $2.47B | $2.02B | $2.10B | $1.80B | $2.33B | $1.92B | $2.25B | $1.89B |
| Common Stock | $72.00K | $72.00K | $72.00K | $71.00K | $71.00K | $71.00K | $71.00K | $69.00K | $69.00K | $69.00K | $69.00K | $68.00K | $68.00K |
| Retained Earnings | $-21.18M | $-53.46M | $-79.44M | $-84.30M | $246.46M | $225.92M | $204.12M | $198.87M | $193.47M | $184.45M | $182.35M | $197.05M | $218.31M |
| Treasury Stock | - | - | - | $1.06B | - | - | - | $591.56M | - | - | - | $537.29M | $536.97M |
| Total Stockholders Equity | $108.19M | $87.95M | $33.17M | $141.99M | $544.33M | $577.34M | $534.05M | $808.71M | $800.17M | $761.37M | $719.73M | $744.03M | $732.81M |
| Total Liabilities & Equity | $2.10B | $2.63B | $2.10B | $2.50B | $2.60B | $3.04B | $2.55B | $2.91B | $2.60B | $3.09B | $2.64B | $2.99B | $2.63B |
| Breakdown | 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $47.49M | $25.98M | $4.87M | $-330.76M | $47.59M | $21.80M | $5.25M | $5.40M | $-3.58M | $2.10M | $-14.70M | $-21.26M | $-10.32M |
| Depreciation & Amortization | $64.65M | $43.35M | $21.65M | $30.05M | $91.62M | $60.55M | $30.09M | $27.86M | $81.63M | $53.62M | $27.27M | $25.76M | $76.61M |
| Stock-based Compensation | $71.08M | $49.42M | $22.17M | $28.54M | $76.43M | $57.86M | $33.57M | $32.09M | $95.67M | $63.29M | $29.93M | $26.64M | $83.66M |
| Deferred Income Tax | $-16.68M | $-653.00K | $-221.00K | $-63.23M | $-21.78M | $-18.81M | $-12.24M | $6.79M | $-31.16M | $-33.10M | $9.24M | $-4.97M | $-21.67M |
| Change in Receivables | $2.42M | $64.98M | $-4.77M | $-3.81M | $-918.00K | $53.06M | $-3.84M | $-1.52M | $4.76M | $69.62M | $-1.14M | $17.34M | $-10.00M |
| Operating Cash Flow | $207.54M | $68.33M | $1.39M | $73.58M | $222.39M | $118.44M | $64.62M | $-3.35M | $202.98M | $75.00M | $21.81M | $14.09M | $189.81M |
| Capital Expenditure | $4.80M | $1.31M | $688.00K | $208.00K | $7.24M | $6.12M | $261.00K | $442.00K | $4.24M | $2.78M | $1.36M | $1.78M | $10.51M |
| Acquisitions | - | - | - | - | - | - | - | - | $13.00K | - | - | $-33.00K | $20.95M |
| Investing Cash Flow | $-57.31M | $-41.33M | $-25.89M | $-17.08M | $-56.33M | $-40.72M | $-14.51M | $-15.22M | $-49.17M | $-31.54M | $-15.33M | $-17.76M | $-67.79M |
| Debt Repayment | $316.92M | $187.67M | $85.52M | $64.52M | $1.08B | $966.68M | $79.34M | $80.64M | $293.96M | $171.82M | $75.40M | $81.30M | $229.44M |
| Stock Repurchased | $133.34M | $103.20M | $100.03M | $92.63M | $325.41M | $262.60M | $262.60M | $18.83M | - | - | - | - | - |
| Financing Cash Flow | $-508.07M | $68.09M | $-330.03M | $295.77M | $-435.12M | $25.66M | $-394.64M | $353.78M | $-496.75M | $10.44M | $-353.24M | $358.51M | $-384.20M |
| Net Change in Cash | $-352.07M | $102.30M | $-352.87M | $346.78M | $-265.53M | $102.85M | $-345.39M | $337.57M | $-343.24M | $56.40M | $-345.78M | $358.59M | $-276.42M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.