$4.74B
Revenue
$88.36M
Net Income
43.79%
Gross Margin
-0.12%
Op. Margin
$860.65M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $4.74B | $4.74B | $4.11B | $3.48B | $3.13B | $2.76B |
| Revenue Growth % | 0.0% | 15.2% | 18.0% | 11.5% | 13.1% | nan% |
| Cost of Revenue | $2.66B | $2.66B | $2.31B | $1.96B | $1.69B | $1.36B |
| Gross Profit | $2.07B | $2.07B | $1.81B | $1.52B | $1.44B | $1.41B |
| Gross Margin % | 43.8% | 43.8% | 43.9% | 43.7% | 46.1% | 51.0% |
| Operating Expenses | $2.08B | $2.08B | $2.02B | $2.31B | $1.97B | $1.17B |
| Research & Development | $729.48M | $729.48M | $720.14M | $878.47M | $788.91M | $461.60M |
| Operating Income | $-5.62M | $-5.62M | $-218.17M | $-792.38M | $-530.89M | $235.10M |
| Operating Margin % | -0.1% | -0.1% | -5.3% | -22.7% | -17.0% | 8.5% |
| Interest Expense | $1.43M | $1.05M | $460.00K | $915.00K | $3.89M | $2.58M |
| Other Income/Expense | $101.43M | $101.43M | $98.62M | $93.68M | $43.77M | $4.47M |
| Income Before Tax | $93.90M | $93.90M | $-119.96M | $-699.43M | $-492.28M | $236.59M |
| Income Tax Expense | $5.54M | $5.54M | $9.43M | $10.13M | $5.72M | $-5.80M |
| Net Income | $88.36M | $88.36M | $-129.39M | $-709.56M | $-498.00M | $242.38M |
| Net Margin % | 1.9% | 1.9% | -3.1% | -20.4% | -15.9% | 8.8% |
| Basic EPS | 0.60 | 0.60 | -0.89 | -5.01 | -3.62 | 1.83 |
| Diluted EPS | 0.58 | 0.59 | -0.89 | -5.01 | -3.62 | 1.71 |
| Basic Shares Outstanding | - | 147.2M | 144.6M | 141.6M | 137.7M | 132.7M |
| Diluted Shares Outstanding | - | 150.9M | 144.6M | 141.6M | 137.7M | 141.7M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.59B | $2.16B | $2.03B | $1.96B | $2.15B |
| Short-term Investments | $730.21M | - | - | - | - |
| Accounts Receivable | $879.87M | $812.51M | $816.34M | $760.79M | $752.39M |
| Inventory | $114.64M | $158.27M | $92.13M | $106.75M | $50.28M |
| Other Current Assets | $89.72M | $103.15M | $138.59M | $135.38M | $105.80M |
| Total Current Assets | $3.40B | $3.23B | $3.07B | $2.96B | $3.05B |
| Property Plant & Equipment | $173.58M | $213.69M | $264.56M | $335.03M | $177.57M |
| Goodwill | $309.41M | $161.52M | $161.52M | $161.52M | $161.52M |
| Intangible Assets | $50.21M | $27.50M | $41.75M | $58.88M | $84.13M |
| Other Non-current Assets | $70.53M | $125.23M | $92.18M | $77.83M | $258.77M |
| Total Assets | $4.43B | $4.30B | $4.26B | $4.41B | $4.08B |
| Accounts Payable | $158.64M | $273.99M | $385.33M | $164.80M | $124.92M |
| Accrued Liabilities | $957.98M | $852.80M | $788.04M | $750.81M | $549.05M |
| Deferred Revenue | $120.91M | $105.72M | $102.16M | $87.68M | $45.76M |
| Total Current Liabilities | $1.24B | $1.23B | $1.28B | $1.08B | $729.62M |
| Long-term Debt | - | - | - | - | $79.98M |
| Other Non-current Liabilities | $73.26M | $40.94M | $49.19M | $69.91M | $82.48M |
| Total Liabilities | $1.78B | $1.81B | $1.94B | $1.77B | $1.32B |
| Common Stock | $15.00K | $15.00K | $14.00K | $14.00K | $14.00K |
| Retained Earnings | $-1.49B | $-1.43B | $-1.30B | $-588.03M | $-90.02M |
| Total Stockholders Equity | $2.66B | $2.49B | $2.33B | $2.65B | $2.77B |
| Total Liabilities & Equity | $4.43B | $4.30B | $4.26B | $4.41B | $4.08B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $88.36M | $88.36M | $-129.39M | $-709.56M | $-498.00M | $242.38M |
| Depreciation & Amortization | $92.86M | $45.60M | $48.50M | $53.30M | $48.65M | $42.62M |
| Stock-based Compensation | $629.80M | $354.17M | $384.66M | $370.13M | $359.93M | $187.53M |
| Deferred Income Tax | - | $-2.98M | $-11.43M | $1.27M | - | - |
| Change in Receivables | $-286.68M | $63.46M | $-1.89M | $56.94M | $10.89M | $221.77M |
| Change in Inventory | $-112.18M | $-43.63M | $66.14M | $-14.72M | $56.47M | $-3.62M |
| Change in Payables | $-316.55M | $-122.50M | $-110.68M | $248.18M | $14.19M | $8.43M |
| Operating Cash Flow | $870.91M | $483.72M | $218.04M | $255.86M | $11.79M | $228.08M |
| Capital Expenditure | $10.26M | $5.28M | $5.06M | $82.62M | $161.70M | $40.04M |
| Acquisitions | - | $95.09M | - | - | - | $136.78M |
| Purchases of Investments | - | $7.00M | $20.00M | $10.00M | - | - |
| Investing Cash Flow | $-886.44M | $-782.37M | $-25.06M | $-92.62M | $-201.70M | $-176.82M |
| Debt Repayment | - | - | - | $80.00M | $10.00M | $5.00M |
| Stock Issued | - | - | - | - | - | $989.62M |
| Stock Repurchased | - | $149.98M | - | - | - | - |
| Financing Cash Flow | $-384.73M | $-280.10M | $-89.20M | $-61.24M | $8.36M | $1.00B |
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 | $1.21B | $1.06B | $3.34B | $2.91B |
| Cost of Revenue | $685.74M | $582.13M | $1.87B | $1.62B |
| Gross Profit | $524.90M | $480.07M | $1.47B | $1.29B |
| Operating Expenses | $515.43M | $515.84M | $1.54B | $1.47B |
| Research & Development | $182.24M | $178.80M | $544.83M | $534.74M |
| Operating Income | $9.47M | $-35.76M | $-71.60M | $-179.04M |
| Interest Expense | $455.00K | - | $693.00K | $106.00K |
| Other Income/Expense | $29.02M | $30.88M | $75.13M | $84.95M |
| Income Before Tax | $38.03M | $-4.88M | $2.19M | $-94.09M |
| Income Tax Expense | $13.22M | $4.15M | $-5.70M | $-249.00K |
| Net Income | $24.81M | $-9.03M | $7.88M | $-93.84M |
| Basic EPS | 0.17 | -0.06 | 0.05 | -0.65 |
| Diluted EPS | 0.16 | -0.06 | 0.05 | -0.65 |
| Basic Shares Outstanding | $147.47M | $144.86M | $146.85M | $144.32M |
| Diluted Shares Outstanding | $151.58M | $144.86M | $150.45M | $144.32M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.58B | $2.16B |
| Short-term Investments | $726.88M | - |
| Accounts Receivable | $745.40M | $812.51M |
| Inventory | $140.68M | $158.27M |
| Other Current Assets | $140.24M | $103.15M |
| Total Current Assets | $3.33B | $3.23B |
| Property Plant & Equipment | $182.81M | $213.69M |
| Goodwill | $309.41M | $161.52M |
| Intangible Assets | $56.54M | $27.50M |
| Other Non-current Assets | $71.83M | $125.23M |
| Total Assets | $4.40B | $4.30B |
| Accounts Payable | $159.46M | $273.99M |
| Accrued Liabilities | $933.72M | $852.80M |
| Deferred Revenue | $122.31M | $105.72M |
| Total Current Liabilities | $1.22B | $1.23B |
| Other Non-current Liabilities | $71.27M | $40.94M |
| Total Liabilities | $1.77B | $1.81B |
| Common Stock | $15.00K | $15.00K |
| Retained Earnings | $-1.47B | $-1.43B |
| Total Stockholders Equity | $2.63B | $2.49B |
| Total Liabilities & Equity | $4.40B | $4.30B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $24.81M | $-9.03M | $7.88M | $-93.84M |
| Depreciation & Amortization | - | - | $51.51M | $47.63M |
| Stock-based Compensation | - | - | $268.17M | $283.12M |
| Change in Receivables | - | - | $-71.03M | $-83.83M |
| Change in Inventory | - | - | $-17.59M | $99.08M |
| Change in Payables | - | - | $-120.83M | $-57.94M |
| Operating Cash Flow | - | - | $376.07M | $138.75M |
| Capital Expenditure | - | - | $4.19M | $2.60M |
| Acquisitions | - | - | $95.09M | - |
| Purchases of Investments | - | - | $7.00M | $20.00M |
| Investing Cash Flow | - | - | $-821.28M | $-22.60M |
| Stock Repurchased | - | - | $50.00M | - |
| Financing Cash Flow | - | - | $-146.75M | $-56.73M |
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.