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$1.14B
Revenue
$-252.43M
Net Income
57.73%
Gross Margin
-20.74%
Op. Margin
$343.83M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 14 of 14 annual reports available (2010 - 2024)
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
+ Total Revenue $1.14B $1.16B $1.11B $1.06B $927.74M $913.22M $900.42M $848.61M $788.31M $730.82M $637.94M $564.42M $503.82M $370.87M $327.09M
Revenue Growth % -1.7% 4.5% 4.5% 14.1% 1.6% 1.4% 6.1% 7.6% 7.9% 14.6% 13.0% 12.0% 35.8% 13.4% nan%
Cost of Revenue $479.97M $516.29M $502.19M $505.39M $443.19M $428.06M $418.42M $381.74M $361.90M $339.22M $304.63M $273.44M $232.66M $157.19M $131.81M
+ Gross Profit $655.45M $639.20M $603.24M $552.72M $484.55M $485.15M $482.00M $466.86M $426.40M $391.60M $333.31M $290.98M $271.15M $213.67M $195.28M
Gross Margin % 57.7% 55.3% 54.6% 52.2% 52.2% 53.1% 53.5% 55.0% 54.1% 53.6% 52.2% 51.6% 53.8% 57.6% 59.7%
Operating Expenses $890.90M $909.71M $558.54M $581.20M $459.64M $447.91M $454.85M $407.45M $362.37M $329.80M $286.60M $244.62M $219.61M $162.75M $148.98M
Research & Development $143.70M $160.59M $153.30M $156.91M $124.57M $100.15M $106.16M $98.81M $89.91M $89.87M $84.64M $77.18M $65.64M $47.67M $45.53M
+ Operating Income $-235.45M $-270.51M $44.70M $-28.48M $24.91M $37.24M $27.14M $59.42M $64.03M $61.80M $46.71M $46.36M $51.54M $50.93M $46.30M
Operating Margin % -20.7% -23.4% 4.0% -2.7% 2.7% 4.1% 3.0% 7.0% 8.1% 8.5% 7.3% 8.2% 10.2% 13.7% 14.2%
Interest Expense $67.63M $55.63M $39.92M $35.80M $18.00M $17.29M $20.62M $15.90M $12.10M $10.58M $8.07M $6.01M $5.82M $200.00K $74.00K
Interest Income - $9.85M $8.82M - - - - - - - - $59.00K $67.00K $183.00K $84.00K
Other Income/Expense - $4.22M $4.08M - - - - - - - - $-182.00K $-462.00K $346.00K $-127.00K
Income Before Tax $-291.72M $-311.59M $17.64M $-55.58M $7.08M $21.61M $10.59M $44.62M $54.19M $50.93M $36.95M $39.23M $45.33M $51.26M $46.18M
Income Tax Expense $-39.30M $-28.42M $15.82M $-10.17M $1.39M $13.90M $-1.32M $-219.00K $-11.74M $9.41M $11.30M $10.94M $14.86M $18.04M $16.38M
+ Net Income $-252.43M $-283.17M $1.82M $-45.41M $5.70M $7.72M $11.91M $44.84M $65.93M $41.52M $25.65M $28.29M $30.47M $33.22M $29.80M
Net Margin % -22.2% -24.5% 0.2% -4.3% 0.6% 0.8% 1.3% 5.3% 8.4% 5.7% 4.0% 5.0% 6.0% 9.0% 9.1%
Basic EPS -4.89 -5.60 0.03 -0.88 0.12 0.16 0.25 0.95 1.41 0.90 0.56 0.63 0.68 0.76 0.69
Diluted EPS -4.89 -5.60 0.03 -0.88 0.12 0.16 0.25 0.93 1.38 0.88 0.55 0.62 0.67 0.75 0.68
Basic Shares Outstanding 47.7M 50.6M 52.5M 51.6M 47.4M 48.2M 47.7M 47.2M 46.7M 46.1M 45.6M 45.2M 44.7M 43.5M 43.1M
Diluted Shares Outstanding 48.5M 50.6M 53.7M 51.6M 48.2M 48.7M 48.3M 48.0M 47.8M 47.3M 46.5M 45.8M 45.4M 44.1M 43.9M
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Cash & Cash Equivalents $67.63M $31.25M $31.69M $55.15M $35.75M $31.81M $30.87M $29.83M $16.90M $15.36M $14.73M $11.89M $52.52M $27.97M
Accounts Receivable $83.54M $101.86M $102.81M $102.73M $95.40M $88.87M $86.59M $96.29M $88.93M $80.05M $77.52M $66.97M $62.66M $59.80M
Other Current Assets $81.29M $99.28M $81.65M $95.51M $78.37M $67.85M $59.79M $56.10M $48.31M $48.67M $40.39M $30.11M $31.02M $33.85M
Total Current Assets $976.31M $929.76M $918.64M $850.97M $819.06M $734.54M $597.98M $794.10M $507.92M $399.11M $287.78M $229.77M $187.95M $143.15M
Property Plant & Equipment $91.93M $98.69M $107.43M $111.43M $105.18M $35.55M $40.03M $42.24M $50.27M $52.65M $50.40M $49.55M $34.40M $22.96M
Goodwill $1.05B $1.05B $1.05B $1.06B $635.85M $634.09M $545.21M $530.25M $438.24M $436.45M $349.01M $264.60M $90.12M $76.25M
Intangible Assets $132.88M $581.94M $635.14M $698.05M $277.51M $317.89M $291.62M $314.65M $253.68M $294.67M $229.31M $143.44M $44.66M $38.52M
Other Non-current Assets $67.22M $51.04M $94.30M $77.27M $72.64M $65.19M $65.36M $24.08M $22.52M $21.42M $26.68M $19.25M $6.09M $2.58M
Total Assets $2.50B $2.91B $2.99B $2.97B $2.04B $1.99B $1.62B $1.76B $1.31B $1.22B $943.18M $706.61M $392.59M $328.09M
Deferred Revenue $359.53M $392.53M $382.42M $374.50M $312.24M $314.33M $295.99M $276.46M $244.50M $230.22M $212.28M $181.47M $153.66M $141.15M
Total Current Liabilities $1.25B $1.20B $1.23B $1.11B $1.01B $988.84M $805.65M $976.00M $680.12M $566.30M $421.00M $356.68M $240.04M $195.71M
Long-term Debt $1.05B $760.40M $840.24M $937.48M $518.19M $459.60M $379.62M $429.65M $338.02M $404.23M $276.20M $135.75M - -
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 $7.62M $7.44M $6.66M $2.77M $2.42M
Total Liabilities $2.35B $2.10B $2.25B $2.25B $1.62B $1.60B $1.24B $1.45B $1.06B $1.01B $757.27M $545.07M $252.59M $205.03M
Common Stock $71.00K $69.00K $68.00K $66.00K $61.00K $60.00K $59.00K $59.00K $58.00K $57.00K $56.00K $56.00K $54.00K $53.00K
Retained Earnings $-84.30M $198.87M $197.05M $242.46M $236.71M $234.85M $246.48M $195.65M $152.73M $134.88M $131.66M $125.40M $131.92M $126.28M
Treasury Stock $1.06B $591.56M $537.29M $500.91M $353.09M $290.67M $266.88M $239.20M $215.24M $199.86M $190.44M $183.29M $166.23M $161.19M
Total Stockholders Equity $141.99M $808.71M $744.03M $717.06M $426.15M $396.76M $373.78M $306.90M $247.54M $210.59M $185.92M $161.54M $140.00M $123.06M
Total Liabilities & Equity $2.50B $2.91B $2.99B $2.97B $2.04B $1.99B $1.62B $1.76B $1.31B $1.22B $943.18M $706.61M $392.59M $328.09M
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Net Income $-252.43M $-283.17M $1.82M $-45.41M $5.70M $7.72M $11.91M $44.84M $65.93M $41.52M $25.65M $28.29M $30.47M $33.22M $29.80M
Depreciation & Amortization $159.69M $121.67M $109.49M $102.37M $82.41M $92.73M $85.69M $79.57M $73.95M $70.49M $56.00M $45.42M $43.16M $17.00M $16.07M
Stock-based Compensation $171.21M $104.97M $127.76M $110.29M $120.38M $87.26M $58.63M $48.27M $40.63M $32.64M $25.25M $17.34M $16.91M $14.88M $13.06M
Deferred Income Tax $-80.79M $-85.01M $-24.37M $-26.64M $-2.43M $8.84M $-3.60M $-619.00K $-14.33M $3.03M $3.17M $3.05M $13.87M $13.53M $11.20M
Change in Receivables $58.83M $-4.73M $3.24M $7.34M $6.53M $18.41M $6.57M $-2.17M $15.75M $13.20M $7.59M $5.75M $-3.16M $8.69M $13.05M
Operating Cash Flow $350.84M $295.97M $199.63M $203.89M $213.66M $147.96M $182.48M $201.38M $176.29M $153.63M $114.34M $102.28M $107.24M $85.53M $55.91M
Capital Expenditure $7.01M $7.44M $4.68M $12.29M $11.66M $29.69M $11.49M $14.72M $10.21M $17.69M $18.63M $13.91M $20.09M $18.21M $10.76M
Acquisitions - - $13.00K $20.91M $419.12M - $109.35M $44.94M $146.79M $3.38M $188.07M $188.92M $876.00K $23.39M $5.33M
Purchases of Investments - - - - - - - - - - - - - - $2.00M
Investing Cash Flow $-141.62M $-73.41M $-64.39M $-85.55M $-471.27M $-71.85M $-167.22M $-97.79M $-184.88M $-47.43M $-222.71M $-211.36M $-24.16M $-41.74M $-18.22M
Debt Repayment $654.63M $1.14B $374.60M $310.74M $152.97M $747.56M $344.50M $322.48M $679.12M $293.57M $184.47M $235.59M $165.60M - -
Stock Repurchased $429.20M $418.03M $18.83M - $108.42M $41.00M - - - - - - - - $22.61M
Dividends Paid - - - - - $5.96M $23.61M $23.31M $23.07M $22.81M $22.51M $22.11M $22.08M $21.43M $19.49M
Financing Cash Flow $-474.24M $-139.35M $-142.97M $-25.69M $264.11M $-10.68M $111.21M $-291.91M $278.64M $-104.55M $110.39M $112.04M $-84.29M $-19.26M $-32.75M
Net Change in Cash $-255.85M $81.25M $-5.67M $82.17M $6.79M $67.67M $127.45M $-190.33M $269.50M $100.27M $114.95M $2.85M $-1.60M $24.52M $5.21M
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.

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