$4.46B
Revenue
$-968.63M
Net Income
78.13%
Gross Margin
-25.04%
Op. Margin
$2.20B
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $1.36B | $1.08B | $1.04B | $988.18M | $918.95M | $893.54M |
| Revenue Growth % (YoY) | 48.0% | 20.9% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $296.46M | $236.11M | $224.72M | $218.74M | $205.00M | $198.56M |
| Gross Profit | $1.06B | $844.56M | $810.48M | $769.44M | $713.96M | $694.99M |
| Gross Margin % | 78.2% | 78.2% | 78.3% | 77.9% | 77.7% | 77.8% |
| Operating Expenses | $1.66B | $1.40B | $1.29B | $1.23B | $1.20B | $1.13B |
| Research & Development | $398.31M | $385.00M | $374.60M | $355.03M | $365.42M | $361.68M |
| Operating Income | $-296.54M | $-322.46M | $-254.71M | $-244.11M | $-278.93M | $-237.95M |
| Operating Margin % | -21.8% | -29.8% | -24.6% | -24.7% | -30.4% | -26.6% |
| Interest Expense | $10.35M | $10.34M | $10.35M | $7.90M | $10.29M | $10.20M |
| Interest Income | $52.09M | $48.84M | - | $46.26M | - | - |
| Income Before Tax | $-256.57M | $-278.83M | $-215.48M | $-218.40M | $-240.14M | $-207.09M |
| Income Tax Expense | $803.00K | $973.00K | $863.00K | $2.65M | $303.00K | $110.00K |
| Net Income | $-255.63M | $-278.38M | $-215.06M | $-219.57M | $-239.32M | $-205.88M |
| Net Margin % | -18.8% | -25.8% | -20.8% | -22.2% | -26.0% | -23.0% |
| Basic EPS | -0.37 | -0.41 | -0.32 | nan | -0.37 | -0.32 |
| Diluted EPS | -0.37 | -0.41 | -0.32 | nan | -0.37 | -0.32 |
| Basic Shares Outstanding | 697.3M | 684.8M | 671.7M | - | 651.0M | 642.8M |
| Diluted Shares Outstanding | 697.3M | 684.8M | 671.7M | - | 651.0M | 642.8M |
| 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.02B | $994.57M | $1.16B | $711.68M | $602.63M | $966.41M |
| Short-term Investments | $1.84B | $1.63B | $1.59B | $1.70B | $1.72B | $1.45B |
| Accounts Receivable | $634.27M | $524.49M | $403.51M | $614.84M | $385.59M | $345.81M |
| Other Current Assets | $96.24M | $100.56M | $88.97M | $7.81M | $70.70M | $87.10M |
| Total Current Assets | $4.35B | $3.95B | $3.89B | $3.73B | $3.37B | $3.40B |
| Property Plant & Equipment | $677.02M | $613.71M | $617.13M | $659.59M | $642.64M | $675.08M |
| Goodwill | $142.63M | $142.61M | $141.97M | $141.69M | $142.24M | $141.90M |
| Intangible Assets | $22.78M | $25.83M | $29.98M | $34.15M | $38.49M | $43.11M |
| Long-term Investments | $2.36B | $2.11B | $1.77B | $1.61B | $1.56B | $1.19B |
| Other Non-current Assets | $19.93M | $20.87M | $18.80M | $13.62M | $15.21M | $16.90M |
| Total Assets | $8.59B | $7.85B | $7.45B | $7.18B | $6.69B | $6.47B |
| Accounts Payable | $88.64M | $61.80M | $52.54M | $42.88M | $42.84M | $38.88M |
| Accrued Liabilities | $341.23M | $317.15M | $277.25M | $275.75M | $273.69M | $269.84M |
| Deferred Revenue | $3.71B | $3.37B | $3.14B | $3.00B | $2.79B | $2.66B |
| Other Current Liabilities | - | - | - | $8.21M | - | - |
| Total Current Liabilities | $4.53B | $4.06B | $3.82B | $3.66B | $3.44B | $3.30B |
| Long-term Debt | $992.74M | $992.38M | $1.01B | $1.01B | $1.01B | $1.01B |
| Total Liabilities | $8.20B | $7.51B | $7.16B | $6.97B | $6.51B | $6.36B |
| Common Stock | $64.00K | $64.00K | $63.00K | $62.00K | $62.00K | $61.00K |
| Retained Earnings | $-4.74B | $-4.49B | $-4.21B | $-4.00B | $-3.78B | $-3.54B |
| Total Stockholders Equity | $407.57M | $353.22M | $310.69M | $221.45M | $189.91M | $121.51M |
| Total Liabilities & Equity | $8.59B | $7.85B | $7.45B | $7.18B | $6.69B | $6.47B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-255.63M | $-278.38M | $-215.06M | $-219.57M | $-715.81M | $-205.88M |
| Depreciation & Amortization | $55.31M | $107.52M | $53.73M | $51.31M | $175.13M | $106.51M |
| Stock-based Compensation | $830.63M | $543.70M | $258.94M | $258.24M | $757.56M | $492.39M |
| Change in Receivables | $21.42M | $-87.69M | $-211.32M | $229.94M | $-119.46M | $-160.04M |
| Change in Payables | $21.70M | $13.43M | $18.97M | $-3.12M | $-4.40M | $-8.83M |
| Operating Cash Flow | $1.19B | $643.18M | $443.91M | $184.49M | $637.83M | $390.39M |
| Capital Expenditure | $142.56M | $39.98M | $17.36M | $63.86M | $115.79M | $86.38M |
| Acquisitions | - | - | - | - | $2.84M | $2.00M |
| Purchases of Investments | $4.07B | $2.61B | $1.17B | $1.17B | $3.47B | $1.87B |
| Investing Cash Flow | $-973.12M | $-429.66M | $-35.29M | $-84.51M | $-767.56M | $-133.91M |
| Stock Issued | $84.50M | $63.69M | $36.53M | $13.15M | $57.20M | $37.25M |
| Financing Cash Flow | $84.50M | $63.69M | $36.53M | $13.15M | $52.75M | $32.80M |
| Net Change in Cash | $305.14M | $282.89M | $447.00M | $109.05M | $-75.83M | $287.94M |
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 | $1.36B | $918.95M | $3.48B | $2.61B |
| Cost of Revenue | $296.46M | $205.00M | $757.29M | $582.42M |
| Operating Expenses | $1.66B | $1.20B | $4.35B | $3.43B |
| Research & Development | $398.31M | $365.42M | $1.16B | $1.09B |
| Operating Income | $-296.54M | $-278.93M | $-873.70M | $-819.21M |
| Interest Expense | $10.35M | $10.29M | $31.04M | $30.85M |
| Interest Income | $52.09M | $46.72M | $147.26M | $133.27M |
| Income Before Tax | $-256.57M | $-240.14M | $-750.87M | $-718.10M |
| Income Tax Expense | $803.00K | $303.00K | $2.64M | $1.47M |
| Net Income | $-255.63M | $-239.32M | $-749.06M | $-715.81M |
| Basic EPS | -0.37 | -0.37 | -1.09 | -1.11 |
| Diluted EPS | -0.37 | -0.37 | -1.09 | -1.11 |
| Basic Shares Outstanding | $697.28M | $650.96M | $684.70M | $642.98M |
| Diluted Shares Outstanding | $697.28M | $650.96M | $684.70M | $642.98M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.02B | $711.68M |
| Short-term Investments | $1.84B | $1.70B |
| Accounts Receivable | $634.27M | $614.84M |
| Other Current Assets | $96.24M | $75.42M |
| Total Current Assets | $4.35B | $3.73B |
| Property Plant & Equipment | $677.02M | $659.59M |
| Goodwill | $142.63M | $141.69M |
| Intangible Assets | $22.78M | $34.15M |
| Long-term Investments | $2.36B | $1.61B |
| Other Non-current Assets | $19.93M | $13.62M |
| Total Assets | $8.59B | $7.18B |
| Accounts Payable | $88.64M | $42.88M |
| Accrued Liabilities | $341.23M | $275.75M |
| Deferred Revenue | $3.71B | $3.00B |
| Total Current Liabilities | $4.53B | $3.66B |
| Long-term Debt | $992.74M | $1.01B |
| Total Liabilities | $8.20B | $6.97B |
| Common Stock | $64.00K | $62.00K |
| Retained Earnings | $-4.74B | $-4.00B |
| Total Stockholders Equity | $407.57M | $221.45M |
| Total Liabilities & Equity | $8.59B | $7.18B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-255.63M | $-239.32M | $-749.06M | $-715.81M |
| Depreciation & Amortization | $55.31M | $68.61M | $162.83M | $175.13M |
| Stock-based Compensation | - | - | $830.63M | $757.56M |
| Change in Receivables | - | - | $21.42M | $-119.46M |
| Change in Payables | - | - | $21.70M | $-4.40M |
| Operating Cash Flow | - | - | $1.19B | $637.83M |
| Capital Expenditure | - | - | $142.56M | $115.79M |
| Acquisitions | - | - | - | $2.84M |
| Purchases of Investments | - | - | $4.07B | $3.47B |
| Investing Cash Flow | - | - | $-973.12M | $-767.56M |
| Stock Issued | - | - | $84.50M | $57.20M |
| Financing Cash Flow | - | - | $84.50M | $52.75M |
| Net Change in Cash | - | - | $305.14M | $-75.83M |
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.