$1.62B
Revenue
$-172.25M
Net Income
-
Gross Margin
-12.08%
Op. Margin
$-82.20M
Free Cash Flow
| Breakdown | Q1 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $416.29M | $377.19M | $379.97M | $443.28M | $386.21M | $390.96M | $402.35M | $410.18M | $320.94M | $312.74M | $324.37M |
| Revenue Growth % (YoY) | 3.5% | -2.3% | -2.8% | 8.1% | 20.3% | 25.0% | 24.0% | nan% | nan% | nan% | nan% |
| Operating Expenses | $441.71M | $397.35M | $385.97M | $481.68M | $444.84M | $426.64M | $465.66M | $482.27M | $404.22M | $365.25M | $405.83M |
| Research & Development | $20.14M | $19.48M | $19.26M | $19.43M | $21.19M | $19.35M | $20.04M | $14.16M | $17.51M | $17.78M | $18.23M |
| Operating Income | $-25.42M | $-20.15M | $-6.00M | $-38.40M | $-58.63M | $-35.67M | $-63.31M | $-72.09M | $-83.28M | $-52.52M | $-81.46M |
| Operating Margin % | -6.1% | -5.3% | -1.6% | -8.7% | -15.2% | -9.1% | -15.7% | -17.6% | -26.0% | -16.8% | -25.1% |
| Interest Expense | $9.02M | $18.02M | $9.03M | $313.00K | $14.63M | $5.09M | $5.26M | $49.00K | $13.12M | $6.58M | $6.55M |
| Other Income/Expense | $-181.00K | $-13.00K | $-314.00K | $716.00K | $-245.00K | $1.45M | $-64.00K | $252.00K | $-318.00K | $-713.00K | $-144.00K |
| Income Before Tax | $193.14M | $-22.06M | $-7.87M | $-40.68M | $-54.49M | $-25.73M | $-56.22M | $-71.44M | $-84.73M | $-54.33M | $-83.48M |
| Income Tax Expense | $4.65M | $-3.19M | $152.00K | $252.00K | $195.00K | $99.00K | $113.00K | $-397.00K | $-247.00K | $-121.00K | $-114.00K |
| Net Income | $188.49M | $-18.87M | $-8.03M | $-38.55M | $-52.42M | $-25.27M | $-56.01M | $-70.09M | $-83.81M | $-49.94M | $-83.61M |
| Net Margin % | 45.3% | -5.0% | -2.1% | -8.7% | -13.6% | -6.5% | -13.9% | -17.1% | -26.1% | -16.0% | -25.8% |
| Basic EPS | 0.55 | -0.06 | -0.02 | -0.11 | -0.16 | -0.08 | -0.19 | -0.24 | -0.29 | -0.17 | -0.37 |
| Diluted EPS | 0.55 | -0.06 | -0.02 | -0.11 | -0.16 | -0.08 | -0.19 | -0.24 | -0.29 | -0.17 | -0.37 |
| Basic Shares Outstanding | 341.1M | 342.5M | 341.7M | 5.5M | 331.6M | 311.3M | 299.4M | 6.2M | 292.7M | 291.7M | 225.5M |
| Diluted Shares Outstanding | 341.6M | 342.5M | 341.7M | 5.5M | 331.6M | 311.3M | 299.4M | 6.2M | 292.7M | 291.7M | 225.5M |
| Breakdown | Q1 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $321.62M | $274.15M | $283.58M | $161.44M | $146.18M | $155.19M | $168.85M | $245.28M | $259.94M | $293.51M | $358.67M |
| Accounts Receivable | $57.54M | $83.44M | $61.34M | $71.08M | $76.87M | $71.84M | $73.61M | $80.30M | $62.09M | $48.88M | $41.31M |
| Other Current Assets | $21.06M | $15.66M | $16.38M | $16.70M | $19.65M | $18.23M | $20.84M | $20.80M | $18.91M | $15.63M | $12.70M |
| Total Current Assets | $414.14M | $401.81M | $386.64M | $274.03M | $278.86M | $280.95M | $308.25M | $386.75M | $381.09M | $397.08M | $459.84M |
| Property Plant & Equipment | $6.09M | $5.78M | $6.12M | $6.08M | $5.63M | $5.79M | $4.55M | $4.83M | $4.94M | $5.01M | $5.26M |
| Goodwill | $620.36M | $631.05M | $631.02M | $615.40M | $624.35M | $618.96M | $619.91M | $622.82M | $617.39M | $621.08M | $620.90M |
| Intangible Assets | $127.64M | $113.95M | $121.01M | $133.70M | $139.79M | $147.05M | $153.05M | $158.45M | $162.55M | $166.41M | $167.41M |
| Other Non-current Assets | $10.29M | $11.25M | $11.49M | $10.24M | $14.54M | $16.10M | $16.91M | $17.82M | $11.75M | $6.94M | $3.17M |
| Total Assets | $1.22B | $1.20B | $1.19B | $1.08B | $1.10B | $1.11B | $1.14B | $1.23B | $1.22B | $1.24B | $1.30B |
| Accounts Payable | $50.97M | $40.73M | $43.64M | $67.84M | $60.49M | $37.94M | $52.59M | $74.31M | $60.49M | $49.25M | $62.08M |
| Accrued Liabilities | $292.29M | $279.33M | $278.30M | $335.97M | $319.60M | $308.16M | $314.23M | $320.04M | $270.59M | $242.89M | $253.34M |
| Deferred Revenue | $88.64M | $102.22M | $80.55M | $98.42M | $103.14M | $86.34M | $89.77M | $90.20M | $85.90M | $60.75M | $66.45M |
| Total Current Liabilities | $588.45M | $578.69M | $558.99M | $515.32M | $511.68M | $464.96M | $489.52M | $517.35M | $451.26M | $391.23M | $423.79M |
| Deferred Tax Liabilities | $1.40M | - | - | - | - | - | - | - | $280.00K | $530.00K | $651.00K |
| Other Non-current Liabilities | $17.85M | $12.21M | $14.29M | $15.99M | $1.67M | $1.67M | $1.64M | $1.64M | $135.00K | $3.40M | $2.48M |
| Total Liabilities | $826.51M | $808.11M | $792.03M | $896.65M | $880.07M | $854.62M | $907.54M | $948.82M | $887.04M | $830.14M | $860.20M |
| Common Stock | $34.00K | $34.00K | $34.00K | $34.00K | $33.00K | $33.00K | $30.00K | $30.00K | $29.00K | $29.00K | $28.00K |
| Retained Earnings | $-1.83B | $-1.86B | $-1.84B | $-2.02B | $-1.98B | $-1.93B | $-1.90B | $-1.85B | $-1.78B | $-1.69B | $-1.64B |
| Total Stockholders Equity | $389.04M | $390.74M | $400.36M | $180.78M | $222.23M | $254.23M | $236.10M | $283.82M | $333.44M | $410.11M | $437.81M |
| Total Liabilities & Equity | $1.22B | $1.20B | $1.19B | $1.08B | $1.10B | $1.11B | $1.14B | $1.23B | $1.22B | $1.24B | $1.30B |
| Breakdown | Q1 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $188.49M | $-18.87M | $180.46M | $-38.55M | $-52.42M | $-25.27M | $-56.01M | $-70.09M | $-83.81M | $-49.94M | $-83.61M |
| Depreciation & Amortization | $9.91M | $10.31M | $20.05M | $9.95M | $28.60M | $18.78M | $9.26M | $9.64M | $9.10M | $17.75M | $8.84M |
| Stock-based Compensation | $3.46M | $20.82M | $11.72M | $9.90M | $32.61M | $23.29M | $12.98M | $11.76M | $39.45M | $26.74M | $13.69M |
| Deferred Income Tax | $4.65M | $1.60M | $4.80M | $218.00K | - | $212.00K | $113.00K | $-510.00K | $-485.00K | $-235.00K | $-114.00K |
| Change in Receivables | $-13.65M | $12.00M | $-10.10M | $-5.56M | $-3.47M | $-8.38M | $-6.62M | $18.08M | $18.12M | $4.83M | $-2.74M |
| Change in Payables | $-17.07M | $-27.70M | $-24.77M | $7.56M | $-13.31M | $-37.13M | $-22.10M | $14.18M | $-7.54M | $-20.72M | $-4.97M |
| Operating Cash Flow | $161.40M | $120.27M | $126.78M | $19.84M | $-99.31M | $-99.55M | $-67.28M | $-2.06M | $-175.56M | $-149.30M | $-78.19M |
| Capital Expenditure | $348.00K | $717.00K | $714.00K | $828.00K | $1.90M | $316.00K | $108.00K | $696.00K | $375.00K | $267.00K | $102.00K |
| Acquisitions | $-268.06M | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-3.70M | $-9.87M | $-6.98M | $-4.58M | $-11.25M | $-7.69M | $-4.26M | $-9.28M | $-16.14M | $-8.67M | $-3.92M |
| Financing Cash Flow | $2.48M | $2.33M | $2.35M | $1.00K | $11.46M | $17.14M | $-4.89M | $-3.31M | $114.54M | $114.40M | $103.69M |
| Net Change in Cash | $160.19M | $112.73M | $122.16M | $15.25M | $-99.10M | $-90.09M | $-76.43M | $-14.65M | $-77.15M | $-43.57M | $21.58M |
SEC Filing Format - Data shown as it appears in the Q1 2025 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $1.55B | $1.11B |
| Operating Expenses | $1.57B | $1.14B |
| Research & Development | $13.62M | - |
| Operating Income | $-20.34M | $-38.59M |
| Interest Expense | $40.00K | - |
| Other Income/Expense | $27.00K | - |
| Income Before Tax | $-18.70M | $-38.59M |
| Income Tax Expense | $367.00K | - |
| Net Income | $-5.98M | $-38.59M |
| Basic EPS | -0.02 | - |
| Diluted EPS | -0.02 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Prior Year |
|---|---|---|
| Cash & Cash Equivalents | $452.41M | - |
| Other Current Assets | $47.19M | - |
| Total Current Assets | $982.82M | - |
| Property Plant & Equipment | $5.93M | - |
| Goodwill | $2.61B | - |
| Intangible Assets | $435.74M | - |
| Other Non-current Assets | $16.43M | - |
| Total Assets | $4.10B | - |
| Accounts Payable | $56.09M | - |
| Deferred Revenue | $94.09M | - |
| Total Current Liabilities | $1.16B | - |
| Deferred Tax Liabilities | $1.40M | - |
| Other Non-current Liabilities | $13.50M | - |
| Total Liabilities | $1.44B | - |
| Retained Earnings | $-5.98M | - |
| Total Stockholders Equity | $275.49M | - |
| Total Liabilities & Equity | $4.10B | - |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-5.98M | $-38.59M |
| Depreciation & Amortization | $24.23M | - |
| Stock-based Compensation | $12.70M | - |
| Deferred Income Tax | $186.00K | - |
| Change in Receivables | $398.85M | $481.00K |
| Change in Payables | $11.18M | - |
| Operating Cash Flow | $-200.31M | $-42.59M |
| Capital Expenditure | $520.00K | - |
| Acquisitions | $-268.06M | - |
| Investing Cash Flow | $264.35M | - |
| Financing Cash Flow | $394.52M | $42.59M |
| Net Change in Cash | $458.56M | - |
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.