$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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.52B | $1.56B | $1.66B | $1.11B | $1.17B | $1.04B | $1.17B | $1.09B | $903.37M | $745.69M |
| Revenue Growth % | -2.3% | -6.4% | 49.6% | -5.3% | 13.0% | -11.3% | 7.0% | 21.1% | 21.1% | nan% |
| Cost of Revenue | $212.36M | $245.33M | $253.04M | $218.07M | $197.32M | $178.32M | $180.38M | $176.42M | $154.75M | $132.12M |
| Gross Profit | $1.31B | $1.31B | $1.41B | $893.73M | $976.43M | $860.44M | $990.56M | $917.85M | $748.63M | $613.57M |
| Gross Margin % | 86.0% | 84.2% | 84.8% | 80.4% | 83.2% | 82.8% | 84.6% | 83.9% | 82.9% | 82.3% |
| Operating Expenses | $1.16B | $1.14B | $1.25B | $1.12B | $1.08B | $1.15B | $1.35B | $1.19B | $1.05B | $954.36M |
| Research & Development | $289.10M | $245.33M | $270.81M | $272.70M | $290.92M | $394.59M | $512.83M | $425.41M | $412.89M | $387.15M |
| Selling General & Admin | $661.32M | $645.24M | $689.75M | $590.75M | $549.61M | $538.83M | $599.45M | $526.41M | $421.58M | $374.13M |
| Operating Income | $358.54M | $420.64M | $414.12M | $-6.09M | $97.75M | $-112.43M | $-175.48M | $-99.13M | $-147.90M | $-208.66M |
| Operating Margin % | 23.6% | 27.0% | 24.9% | -0.5% | 8.3% | -10.8% | -15.0% | -9.1% | -16.4% | -28.0% |
| Interest Expense | $5.08M | $23.01M | $23.03M | $13.04M | $11.22M | $8.66M | $13.60M | $15.44M | $12.01M | $14.89M |
| Interest Income | $44.57M | $42.45M | $30.85M | $7.63M | $2.41M | $6.96M | $13.98M | $9.24M | $4.65M | $3.75M |
| Other Income/Expense | $13.59M | $3.24M | $-425.00K | $2.12M | $219.00K | $13.64M | $848.00K | $-2.04M | $-9.62M | $-2.48M |
| Income Before Tax | $400.96M | $443.75M | $421.52M | $-31.13M | $87.73M | $-96.54M | $-197.06M | $-126.97M | $-143.27M | $-214.39M |
| Income Tax Expense | $62.90M | $71.61M | $-97.64M | $2.02M | $11.33M | $14.32M | $-436.00K | $12.34M | $14.67M | $-5.94M |
| Net Income | $338.83M | $367.07M | $355.76M | $-158.27M | $-48.17M | $-110.86M | $-196.62M | $-139.31M | $-157.94M | $-208.44M |
| Net Margin % | 22.3% | 23.6% | 21.4% | -14.2% | -4.1% | -10.7% | -16.8% | -12.7% | -17.5% | -28.0% |
| Basic EPS | 2.07 | 2.22 | 2.14 | -0.97 | -0.30 | -0.70 | nan | nan | nan | nan |
| Diluted EPS | 2.01 | 2.17 | 2.10 | -0.97 | -0.29 | -0.70 | nan | nan | nan | nan |
| Basic Shares Outstanding | 165.1M | 165.4M | 166.2M | 163.7M | 160.9M | 158.8M | - | - | - | - |
| Diluted Shares Outstanding | 168.5M | 169.2M | 169.7M | 163.7M | 164.8M | 158.8M | - | - | - | - |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $291.15M | $457.47M | $292.47M | $337.54M | $272.96M | $203.77M | $266.76M | $191.30M | $186.38M |
| Accounts Receivable | $384.53M | $332.48M | $287.97M | $313.19M | $275.14M | $257.09M | $292.22M | $233.59M | $191.10M |
| Inventory | $182.89M | $186.41M | $181.42M | $150.34M | $125.74M | $101.80M | $90.20M | $93.28M | $63.00M |
| Other Current Assets | $91.28M | $98.17M | $41.20M | $48.97M | $60.66M | $59.72M | $53.31M | $48.48M | $39.34M |
| Total Current Assets | $1.42B | $1.49B | $1.13B | $1.06B | $1.11B | $961.97M | $983.25M | $808.84M | $790.68M |
| Property Plant & Equipment | $227.56M | $226.94M | $222.92M | $341.05M | $350.00M | $362.17M | $309.99M | $284.74M | $264.79M |
| Goodwill | $83.03M | $83.03M | $83.03M | $92.87M | $92.87M | $92.87M | $92.87M | $92.87M | $92.87M |
| Intangible Assets | $890.00K | $1.99M | $37.68M | $74.04M | $111.19M | $150.64M | $191.00M | $256.17M | $318.23M |
| Long-term Investments | $73.15M | $39.89M | $131.61M | $229.43M | $24.78M | $79.39M | $80.74M | $157.21M | $121.93M |
| Other Non-current Assets | $16.50M | $11.52M | $14.69M | $10.84M | $17.32M | $17.02M | $16.14M | $14.03M | $26.96M |
| Total Assets | $2.06B | $2.14B | $1.96B | $2.02B | $1.95B | $1.81B | $1.83B | $1.80B | $1.73B |
| Accounts Payable | $45.63M | - | - | - | - | - | - | - | - |
| Deferred Revenue | $1.25M | $2.73M | $6.82M | $6.34M | $7.51M | $6.77M | $3.17M | $1.96M | $1.94M |
| Total Current Liabilities | $465.20M | $520.22M | $497.74M | $471.29M | $438.26M | $391.11M | $339.77M | $291.12M | $211.99M |
| Long-term Debt | - | $287.73M | $290.27M | $292.80M | $272.12M | $274.30M | $276.46M | $278.44M | $280.67M |
| Other Non-current Liabilities | $56.02M | $49.88M | $42.38M | $32.16M | $36.51M | $27.14M | $27.96M | $19.20M | $17.16M |
| Total Liabilities | $590.59M | $933.54M | $920.23M | $911.90M | $882.75M | $719.96M | $653.72M | $594.42M | $516.94M |
| Common Stock | $1.77M | $1.73M | $1.69M | $1.66M | $1.62M | $1.60M | $1.58M | $1.56M | $1.54M |
| Retained Earnings | $-976.46M | $-1.34B | $-1.70B | $-1.54B | $-1.49B | $-1.38B | $-1.19B | $-1.04B | $-947.94M |
| Total Stockholders Equity | $1.46B | $1.20B | $1.04B | $1.11B | $1.07B | $1.09B | $1.17B | $1.20B | $1.21B |
| Total Liabilities & Equity | $2.06B | $2.14B | $1.96B | $2.02B | $1.95B | $1.81B | $1.83B | $1.80B | $1.73B |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $361.29M | $367.07M | $355.76M | $-158.27M | $-48.17M | $-110.86M | $-196.62M | $-139.31M | $-157.94M | $-208.44M |
| Depreciation & Amortization | $52.83M | $28.53M | $74.93M | $77.86M | $78.65M | $81.85M | $80.41M | $103.66M | $98.52M | $94.26M |
| Stock-based Compensation | $163.78M | $96.64M | $100.91M | $94.25M | $87.62M | $90.16M | $100.98M | $105.36M | $83.92M | $94.40M |
| Deferred Income Tax | $40.31M | $40.52M | $-99.90M | $-32.80M | $5.08M | $9.98M | $-319.00K | $10.62M | $7.23M | $-9.69M |
| Change in Receivables | $-108.26M | $52.05M | $44.51M | $-25.25M | $38.01M | $18.05M | $-35.14M | $58.63M | $42.49M | $35.62M |
| Change in Inventory | $11.85M | $-3.09M | $2.71M | $31.02M | $24.77M | $22.93M | $13.08M | $2.67M | $30.19M | $26.38M |
| Operating Cash Flow | $888.91M | $439.12M | $401.35M | $21.04M | $101.72M | $82.84M | $72.08M | $99.28M | $19.19M | $-63.80M |
| Capital Expenditure | $83.45M | $33.48M | $48.05M | $38.26M | $28.02M | $42.22M | $90.94M | $69.43M | $51.30M | $43.66M |
| Acquisitions | - | - | - | - | - | - | $8.88M | - | - | - |
| Purchases of Investments | $687.98M | $486.55M | $254.47M | $309.67M | $340.42M | $229.54M | $277.52M | $397.73M | $431.71M | $375.10M |
| Investing Cash Flow | $-51.73M | $-111.31M | $53.36M | $-64.54M | $-66.20M | $-11.48M | $-141.83M | $-22.20M | $-18.36M | $127.24M |
| Debt Repayment | - | $2.25M | $3.00M | $3.00M | $2.25M | $2.84M | $2.84M | $2.13M | $3.00M | $65.81M |
| Stock Repurchased | - | $200.28M | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $-278.30M | $-494.14M | $-289.71M | $-1.57M | $29.07M | $-2.17M | $6.76M | $-1.62M | $4.08M | $-58.17M |
| Net Change in Cash | $558.87M | $-166.32M | $165.00M | $-45.07M | $64.58M | $69.19M | $-62.99M | $75.47M | $4.92M | $5.27M |
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.