$1.52B
Revenue
$338.83M
Net Income
86.04%
Gross Margin
23.57%
Op. Margin
$805.46M
Free Cash Flow
| 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) |
|---|---|---|---|---|---|
| Total Revenue | $1.52B | $1.56B | $1.66B | $1.11B | $1.17B |
| Revenue Growth % | -2.3% | -6.4% | 49.6% | -5.3% | nan% |
| Cost of Revenue | $212.36M | $245.33M | $253.04M | $218.07M | $197.32M |
| Gross Profit | $1.31B | $1.31B | $1.41B | $893.73M | $976.43M |
| Gross Margin % | 86.0% | 84.2% | 84.8% | 80.4% | 83.2% |
| Operating Expenses | $1.16B | $1.14B | $1.25B | $1.12B | $1.08B |
| Research & Development | $289.10M | $245.33M | $270.81M | $272.70M | $290.92M |
| Selling General & Admin | $661.32M | $645.24M | $689.75M | $590.75M | $549.61M |
| Operating Income | $358.54M | $420.64M | $414.12M | $-6.09M | $97.75M |
| Operating Margin % | 23.6% | 27.0% | 24.9% | -0.5% | 8.3% |
| Interest Expense | $5.08M | $23.01M | $23.03M | $13.04M | $11.22M |
| Interest Income | $44.57M | $42.45M | $30.85M | $7.63M | $2.41M |
| Other Income/Expense | $13.59M | $3.24M | $-425.00K | $2.12M | $219.00K |
| Income Before Tax | $400.96M | $443.75M | $421.52M | $-31.13M | $87.73M |
| Income Tax Expense | $62.90M | $71.61M | $-97.64M | $2.02M | $11.33M |
| Net Income | $338.83M | $367.07M | $355.76M | $-158.27M | $-48.17M |
| Net Margin % | 22.3% | 23.6% | 21.4% | -14.2% | -4.1% |
| Basic EPS | 2.07 | 2.22 | 2.14 | -0.97 | -0.30 |
| Diluted EPS | 2.01 | 2.17 | 2.10 | -0.97 | -0.29 |
| Basic Shares Outstanding | 165.1M | 165.4M | 166.2M | 163.7M | 160.9M |
| Diluted Shares Outstanding | 168.5M | 169.2M | 169.7M | 163.7M | 164.8M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $291.15M | $457.47M | $292.47M | $337.54M |
| Accounts Receivable | $384.53M | $332.48M | $287.97M | $313.19M |
| Inventory | $182.89M | $186.41M | $181.42M | $150.34M |
| Other Current Assets | $91.28M | $98.17M | $41.20M | $48.97M |
| Total Current Assets | $1.42B | $1.49B | $1.13B | $1.06B |
| Property Plant & Equipment | $227.56M | $226.94M | $222.92M | $341.05M |
| Goodwill | $83.03M | $83.03M | $83.03M | $92.87M |
| Intangible Assets | $890.00K | $1.99M | $37.68M | $74.04M |
| Long-term Investments | $73.15M | $39.89M | $131.61M | $229.43M |
| Other Non-current Assets | $16.50M | $11.52M | $14.69M | $10.84M |
| Total Assets | $2.06B | $2.14B | $1.96B | $2.02B |
| Accounts Payable | $45.63M | - | - | - |
| Deferred Revenue | $1.25M | $2.73M | $6.82M | $6.34M |
| Total Current Liabilities | $465.20M | $520.22M | $497.74M | $471.29M |
| Long-term Debt | - | $287.73M | $290.27M | $292.80M |
| Other Non-current Liabilities | $56.02M | $49.88M | $42.38M | $32.16M |
| Total Liabilities | $590.59M | $933.54M | $920.23M | $911.90M |
| Common Stock | $1.77M | $1.73M | $1.69M | $1.66M |
| Retained Earnings | $-976.46M | $-1.34B | $-1.70B | $-1.54B |
| Total Stockholders Equity | $1.46B | $1.20B | $1.04B | $1.11B |
| Total Liabilities & Equity | $2.06B | $2.14B | $1.96B | $2.02B |
| 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) |
|---|---|---|---|---|---|
| Net Income | $361.29M | $367.07M | $355.76M | $-158.27M | $-48.17M |
| Depreciation & Amortization | $52.83M | $28.53M | $74.93M | $77.86M | $78.65M |
| Stock-based Compensation | $163.78M | $96.64M | $100.91M | $94.25M | $87.62M |
| Deferred Income Tax | $40.31M | $40.52M | $-99.90M | $-32.80M | $5.08M |
| Change in Receivables | $-108.26M | $52.05M | $44.51M | $-25.25M | $38.01M |
| Change in Inventory | $11.85M | $-3.09M | $2.71M | $31.02M | $24.77M |
| Operating Cash Flow | $888.91M | $439.12M | $401.35M | $21.04M | $101.72M |
| Capital Expenditure | $83.45M | $33.48M | $48.05M | $38.26M | $28.02M |
| Purchases of Investments | $687.98M | $486.55M | $254.47M | $309.67M | $340.42M |
| Investing Cash Flow | $-51.73M | $-111.31M | $53.36M | $-64.54M | $-66.20M |
| Debt Repayment | - | $2.25M | $3.00M | $3.00M | $2.25M |
| Stock Repurchased | - | $200.28M | - | - | - |
| Financing Cash Flow | $-278.30M | $-494.14M | $-289.71M | $-1.57M | $29.07M |
| Net Change in Cash | $558.87M | $-166.32M | $165.00M | $-45.07M | $64.58M |
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 | $394.19M | - | $1.09B | - |
| Cost of Revenue | $51.59M | - | $150.25M | - |
| Operating Expenses | $305.10M | - | $895.50M | - |
| Research & Development | $81.74M | - | $230.93M | - |
| Selling General & Admin | $171.77M | - | $514.33M | - |
| Operating Income | $89.08M | - | $195.85M | - |
| Interest Expense | - | - | - | - |
| Interest Income | $11.94M | - | $33.17M | - |
| Other Income/Expense | $-280.00K | - | $2.05M | - |
| Income Before Tax | $100.75M | - | $231.07M | - |
| Income Tax Expense | $17.98M | - | $38.75M | - |
| Net Income | $82.76M | $91.36M | $192.32M | - |
| Basic EPS | 0.50 | - | 1.17 | - |
| Diluted EPS | 0.49 | - | 1.14 | - |
| Basic Shares Outstanding | $165.09M | - | $164.49M | - |
| Diluted Shares Outstanding | $168.51M | - | $168.44M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $616.45M | $291.15M |
| Accounts Receivable | $354.39M | $384.53M |
| Inventory | $191.00M | $182.89M |
| Other Current Assets | $84.44M | $91.28M |
| Total Current Assets | $1.74B | $1.42B |
| Property Plant & Equipment | $246.98M | $227.56M |
| Long-term Investments | $27.87M | $73.15M |
| Other Non-current Assets | $19.66M | $16.50M |
| Total Assets | $2.33B | $2.06B |
| Deferred Revenue | - | $1.25M |
| Total Current Liabilities | $474.36M | $465.20M |
| Other Non-current Liabilities | $56.75M | $56.02M |
| Total Liabilities | $596.08M | $590.59M |
| Common Stock | $1.80M | $1.77M |
| Retained Earnings | $-784.13M | $-976.46M |
| Total Stockholders Equity | $1.73B | $1.46B |
| Total Liabilities & Equity | $2.33B | $2.06B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $82.76M | $91.36M | $192.32M | - |
| Depreciation & Amortization | - | - | $23.32M | - |
| Stock-based Compensation | - | - | $72.44M | - |
| Deferred Income Tax | - | - | $30.49M | - |
| Change in Receivables | - | - | $-30.13M | - |
| Change in Inventory | - | - | $9.20M | - |
| Operating Cash Flow | - | - | $350.69M | - |
| Capital Expenditure | - | - | $40.44M | - |
| Purchases of Investments | - | - | $308.53M | - |
| Investing Cash Flow | - | - | $-26.85M | - |
| Financing Cash Flow | - | - | $1.47M | - |
| Net Change in Cash | - | - | $325.30M | - |
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.