$3.13B
Revenue
$45.91M
Net Income
83.76%
Gross Margin
0.24%
Op. Margin
$1.15B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $846.75M | $809.52M | $760.87M | $714.14M | $703.18M | $669.72M | $637.23M |
| Revenue Growth % (YoY) | 20.4% | 20.9% | 19.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $137.70M | $133.52M | $122.16M | $115.11M | $103.34M | $99.32M | $95.52M |
| Gross Profit | $709.04M | $676.00M | $638.71M | $599.03M | $599.84M | $570.40M | $541.71M |
| Gross Margin % | 83.7% | 83.5% | 83.9% | 83.9% | 85.3% | 85.2% | 85.0% |
| Operating Expenses | $660.80M | $664.77M | $663.32M | $626.51M | $610.64M | $580.03M | $565.65M |
| Research & Development | $220.79M | $227.71M | $237.34M | $220.10M | $213.71M | $191.19M | $198.18M |
| Operating Income | $48.24M | $11.23M | $-24.61M | $-27.48M | $-10.80M | $-9.63M | $-23.93M |
| Operating Margin % | 5.7% | 1.4% | -3.2% | -3.8% | -1.5% | -1.4% | -3.8% |
| Interest Expense | - | $422.00K | $422.00K | $644.00K | $860.00K | $861.00K | $901.00K |
| Interest Income | $13.11M | $14.25M | $18.29M | $20.56M | $21.83M | $21.78M | $20.37M |
| Other Income/Expense | $302.00K | $-2.35M | $1.09M | $-2.31M | $2.91M | $-565.00K | $1.78M |
| Income Before Tax | $61.66M | $23.14M | $-5.46M | $-9.87M | $12.99M | $10.65M | $-2.68M |
| Income Tax Expense | $7.23M | $6.60M | $-2.20M | $11.92M | $8.01M | $2.50M | $11.75M |
| Net Income | $54.43M | $16.54M | $-3.26M | $-21.79M | $4.98M | $8.15M | $-14.44M |
| Net Margin % | 6.4% | 2.0% | -0.4% | -3.1% | 0.7% | 1.2% | -2.3% |
| Basic EPS | 1.04 | 0.31 | -0.06 | -0.42 | 0.10 | 0.16 | -0.28 |
| Diluted EPS | 1.02 | 0.31 | -0.06 | -0.42 | 0.10 | 0.16 | -0.28 |
| Basic Shares Outstanding | - | 52.5M | 52.7M | 52.2M | 161K | 51.4M | 51.0M |
| Diluted Shares Outstanding | - | 52.7M | 52.7M | 52.2M | 802K | 51.8M | 51.0M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $882.24M | $614.35M | $601.20M | $625.03M | $512.67M | $410.06M | $797.88M |
| Accounts Receivable | $419.15M | $314.51M | $321.13M | $294.51M | $334.83M | $278.89M | $269.91M |
| Other Current Assets | $100.61M | $110.08M | $129.56M | $108.59M | $80.59M | $86.70M | $111.03M |
| Total Current Assets | $2.45B | $2.11B | $2.31B | $2.61B | $2.63B | $2.44B | $2.24B |
| Property Plant & Equipment | $141.87M | $137.39M | $132.35M | $123.81M | $114.17M | $110.95M | $105.89M |
| Goodwill | $291.45M | $274.79M | $274.72M | $255.04M | $209.51M | $174.16M | $173.56M |
| Intangible Assets | $35.23M | $36.92M | $40.04M | $41.05M | $37.56M | $35.21M | $37.42M |
| Other Non-current Assets | $165.60M | $156.53M | $143.58M | $126.20M | $115.25M | $112.05M | $93.87M |
| Total Assets | $3.85B | $3.50B | $3.68B | $3.90B | $3.80B | $3.56B | $3.36B |
| Accounts Payable | $24.76M | $24.87M | $12.53M | $22.23M | $3.65M | $5.27M | $4.12M |
| Deferred Revenue | $1.00B | $882.10M | $888.30M | $836.30M | $784.25M | $719.60M | $708.11M |
| Total Current Liabilities | $1.47B | $1.32B | $1.29B | $1.58B | $1.57B | $1.49B | $1.44B |
| Other Non-current Liabilities | $89.34M | $90.63M | $83.22M | $60.52M | $55.64M | $46.69M | $40.11M |
| Total Liabilities | $1.79B | $1.65B | $1.62B | $1.89B | $1.89B | $1.81B | $1.76B |
| Common Stock | $53.00K | $52.00K | $53.00K | $52.00K | $52.00K | $51.00K | $51.00K |
| Retained Earnings | $-753.90M | $-808.32M | $-824.86M | $-821.60M | $-799.81M | $-804.79M | $-812.94M |
| Treasury Stock | $2.00K | $2.00K | $1.00K | - | - | - | - |
| Total Stockholders Equity | $2.07B | $1.86B | $2.07B | $2.00B | $1.91B | $1.75B | $1.60B |
| Total Liabilities & Equity | $3.85B | $3.50B | $3.68B | $3.90B | $3.80B | $3.56B | $3.36B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $54.43M | $16.54M | $-25.05M | $-21.79M | $4.98M | $8.15M | $-8.50M |
| Depreciation & Amortization | $38.57M | $97.73M | $62.02M | $28.83M | $28.38M | $68.45M | $43.44M |
| Stock-based Compensation | $132.40M | $395.75M | $257.67M | $116.69M | $134.39M | $370.38M | $240.12M |
| Deferred Income Tax | $268.00K | $-270.00K | $-214.00K | $-335.00K | $3.30M | $-611.00K | $-212.00K |
| Change in Receivables | $99.81M | $-35.81M | $-30.03M | $-45.66M | $62.29M | $-13.86M | $-18.42M |
| Change in Payables | $-1.13M | $20.13M | $9.12M | $18.03M | $-6.03M | $1.45M | $-218.00K |
| Operating Cash Flow | $247.43M | $513.29M | $325.93M | $161.57M | $194.14M | $404.46M | $244.92M |
| Capital Expenditure | $13.45M | $39.72M | $29.37M | $13.35M | $12.73M | $25.21M | $14.08M |
| Acquisitions | $16.14M | $71.47M | $69.83M | $51.36M | - | - | - |
| Sales of Investments | $351.45M | $1.89B | $1.31B | $803.06M | $503.05M | $1.16B | $849.60M |
| Investing Cash Flow | $30.40M | $461.37M | $291.16M | $22.56M | $-85.51M | $-430.35M | $139.03M |
| Debt Repayment | - | - | - | $90.57M | - | - | - |
| Stock Repurchased | $14.75M | $485.27M | $125.00M | - | - | - | - |
| Financing Cash Flow | $-9.47M | $-900.54M | $-559.96M | $-80.33M | $10.06M | $43.43M | $31.76M |
| Net Change in Cash | $267.89M | $100.33M | $87.18M | $112.36M | $102.61M | $22.07M | $409.89M |
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 | $809.52M | - | $2.28B | - |
| Cost of Revenue | $133.52M | - | $370.79M | - |
| Gross Profit | $676.00M | - | $1.91B | - |
| Operating Expenses | $664.77M | - | $1.95B | - |
| Research & Development | $227.71M | - | $685.15M | - |
| Operating Income | $11.23M | - | $-40.86M | - |
| Interest Expense | $4.00K | - | $422.00K | - |
| Interest Income | $14.25M | - | $53.11M | - |
| Other Income/Expense | $-2.35M | - | $-3.56M | - |
| Income Before Tax | $23.14M | - | $7.81M | - |
| Income Tax Expense | $6.60M | - | $16.32M | - |
| Net Income | $16.54M | $-14.44M | $-8.52M | - |
| Basic EPS | 0.31 | - | -0.16 | - |
| Diluted EPS | 0.31 | - | -0.16 | - |
| Basic Shares Outstanding | $52.51M | - | $52.45M | - |
| Diluted Shares Outstanding | $52.67M | - | $52.45M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $614.35M | $512.67M |
| Accounts Receivable | $314.51M | $334.83M |
| Other Current Assets | $110.08M | $80.59M |
| Total Current Assets | $2.11B | $2.63B |
| Property Plant & Equipment | $137.39M | $114.17M |
| Goodwill | $274.79M | $209.51M |
| Intangible Assets | $36.92M | $37.56M |
| Other Non-current Assets | $156.53M | $115.25M |
| Total Assets | $3.50B | $3.80B |
| Accounts Payable | $24.87M | $3.65M |
| Deferred Revenue | $882.10M | $784.25M |
| Total Current Liabilities | $1.32B | $1.57B |
| Other Non-current Liabilities | $90.63M | $55.64M |
| Total Liabilities | $1.65B | $1.89B |
| Common Stock | $52.00K | $52.00K |
| Retained Earnings | $-808.32M | $-799.81M |
| Treasury Stock | $2.00K | - |
| Total Stockholders Equity | $1.86B | $1.91B |
| Total Liabilities & Equity | $3.50B | $3.80B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $16.54M | $-14.44M | $-8.52M | - |
| Depreciation & Amortization | - | - | $97.73M | - |
| Stock-based Compensation | - | - | $395.75M | - |
| Deferred Income Tax | - | - | $-270.00K | - |
| Change in Receivables | - | - | $-35.81M | - |
| Change in Payables | - | - | $20.13M | - |
| Operating Cash Flow | - | - | $513.29M | - |
| Capital Expenditure | - | - | $39.72M | - |
| Acquisitions | - | - | $71.47M | - |
| Sales of Investments | - | - | $1.89B | - |
| Investing Cash Flow | - | - | $461.37M | - |
| Stock Repurchased | - | - | $485.27M | - |
| Financing Cash Flow | - | - | $-900.54M | - |
| Net Change in Cash | - | - | $100.33M | - |
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.