$1.52B
Revenue
$338.83M
Net Income
86.04%
Gross Margin
23.57%
Op. Margin
$805.46M
Free Cash Flow
| Breakdown | 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) |
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) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $394.19M | $390.66M | $306.51M | $429.99M | $378.14M | $399.13M | $350.37M | $377.48M | $380.94M | $617.40M | $287.60M | $304.67M | $252.36M |
| Revenue Growth % (YoY) | 4.2% | -2.1% | -12.5% | 13.9% | -0.7% | -35.4% | 21.8% | 23.9% | 51.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $51.59M | $49.46M | $49.20M | $62.12M | $63.10M | $61.47M | $58.64M | $70.09M | $61.51M | $63.26M | $58.17M | $53.92M | $50.62M |
| Gross Profit | $342.59M | $341.20M | $257.31M | $367.87M | $315.04M | $337.66M | $291.73M | $307.38M | $319.43M | $554.14M | $229.42M | $250.75M | $201.73M |
| Gross Margin % | 86.9% | 87.3% | 83.9% | 85.6% | 83.3% | 84.6% | 83.3% | 81.4% | 83.9% | 89.8% | 79.8% | 82.3% | 79.9% |
| Operating Expenses | $305.10M | $297.68M | $292.72M | $267.30M | $273.39M | $289.25M | $307.06M | $198.90M | $337.09M | $378.20M | $335.09M | $189.08M | $313.00M |
| Research & Development | $81.74M | $77.37M | $71.82M | $58.17M | $59.89M | $59.65M | $67.61M | $-20.76M | $97.14M | $100.79M | $93.64M | $-16.55M | $100.43M |
| Selling General & Admin | $171.77M | $170.85M | $171.70M | $146.99M | $150.38M | $168.11M | $179.75M | $140.57M | $169.45M | $205.26M | $174.48M | $142.54M | $152.78M |
| Operating Income | $89.08M | $92.98M | $13.79M | $162.69M | $104.76M | $109.88M | $43.31M | $178.57M | $43.85M | $239.19M | $-47.49M | $115.59M | $-60.64M |
| Operating Margin % | 22.6% | 23.8% | 4.5% | 37.8% | 27.7% | 27.5% | 12.4% | 47.3% | 11.5% | 38.7% | -16.5% | 37.9% | -24.0% |
| Interest Expense | - | - | - | $5.08M | $6.00M | $5.95M | $5.98M | $6.05M | $6.01M | $5.68M | $5.29M | $4.77M | $3.55M |
| Interest Income | $11.94M | $11.09M | $10.14M | $11.40M | $10.92M | $10.73M | $9.40M | $9.75M | $9.37M | $6.77M | $4.97M | $3.92M | $2.24M |
| Other Income/Expense | $-280.00K | $11.86M | $1.56M | $449.00K | $558.00K | $2.05M | $182.00K | $-10.00K | $149.00K | $-525.00K | $-39.00K | $-258.00K | $-1.86M |
| Income Before Tax | $100.75M | $104.84M | $25.49M | $169.89M | $110.23M | $116.72M | $46.91M | $182.26M | $47.36M | $239.75M | $-47.85M | $114.49M | $-67.37M |
| Income Tax Expense | $17.98M | $17.74M | $3.02M | $24.15M | $17.43M | $22.06M | $7.96M | $-93.92M | $-397.00K | $2.69M | $-6.01M | $17.63M | $-3.39M |
| Net Income | $82.76M | $87.10M | $22.46M | $146.50M | $92.38M | $91.36M | $36.83M | $112.78M | $47.76M | $237.06M | $-41.84M | $-28.25M | $-63.97M |
| Net Margin % | 21.0% | 22.3% | 7.3% | 34.1% | 24.4% | 22.9% | 10.5% | 29.9% | 12.5% | 38.4% | -14.5% | -9.3% | -25.4% |
| Basic EPS | 0.50 | 0.53 | 0.14 | 0.90 | 0.57 | 0.54 | 0.22 | 0.68 | 0.29 | 1.43 | -0.25 | -0.18 | -0.39 |
| Diluted EPS | 0.49 | 0.52 | 0.13 | 0.87 | 0.55 | 0.53 | 0.21 | 0.68 | 0.28 | 1.38 | -0.25 | -0.18 | -0.39 |
| Basic Shares Outstanding | 165.1M | 165.0M | 163.4M | -1.2M | 163.4M | 168.3M | 168.0M | 227K | 166.6M | 166.3M | 165.1M | 201K | 164.3M |
| Diluted Shares Outstanding | 168.5M | 168.4M | 168.7M | -998K | 167.0M | 171.0M | 173.0M | -1.3M | 171.9M | 171.6M | 165.1M | 201K | 164.3M |
| Breakdown | 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) |
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) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $616.45M | $521.20M | $399.81M | $291.15M | $396.29M | $535.15M | $420.75M | $457.47M | $647.71M | $665.79M | $321.40M | $292.47M | $263.96M |
| Accounts Receivable | $354.39M | $354.91M | $318.70M | $384.53M | $367.21M | $366.42M | $315.85M | $332.48M | $337.70M | $334.48M | $269.18M | $287.97M | $257.17M |
| Inventory | $191.00M | $191.92M | $183.44M | $182.89M | $191.09M | $194.73M | $198.37M | $186.41M | $192.19M | $189.37M | $184.98M | $181.42M | $166.30M |
| Other Current Assets | $84.44M | $71.30M | $89.84M | $91.28M | $94.05M | $101.44M | $111.54M | $98.17M | $42.98M | $44.45M | $47.01M | $41.20M | $40.04M |
| Total Current Assets | $1.74B | $1.64B | $1.48B | $1.42B | $1.56B | $1.54B | $1.47B | $1.49B | $1.46B | $1.40B | $1.11B | $1.13B | $1.05B |
| Property Plant & Equipment | $246.98M | $239.40M | $233.92M | $227.56M | $225.42M | $222.74M | $224.59M | $226.94M | $327.52M | $323.80M | $321.11M | $222.92M | $326.35M |
| Goodwill | - | - | - | $83.03M | - | - | $83.03M | $83.03M | $92.87M | $92.87M | $92.87M | $83.03M | $92.87M |
| Intangible Assets | - | - | - | $890.00K | - | - | $932.00K | $1.99M | $10.99M | $19.98M | $28.88M | $37.68M | $46.84M |
| Long-term Investments | $27.87M | $38.27M | $32.19M | $73.15M | $18.92M | $86.40M | $62.78M | $39.89M | $106.43M | $78.13M | $92.08M | $131.61M | $166.93M |
| Other Non-current Assets | $19.66M | $19.91M | $18.37M | $16.50M | $16.80M | $16.30M | $11.52M | $11.52M | $11.29M | $14.54M | $14.91M | $14.69M | $10.98M |
| Total Assets | $2.33B | $2.25B | $2.08B | $2.06B | $2.16B | $2.21B | $2.12B | $2.14B | $2.28B | $2.19B | $1.92B | $1.96B | $1.94B |
| Accounts Payable | - | - | - | $45.63M | - | - | - | - | - | - | - | - | - |
| Deferred Revenue | - | $578.00K | $1.61M | $1.25M | $2.34M | $3.31M | $3.34M | $2.73M | $3.32M | $3.30M | $2.19M | $6.82M | $3.98M |
| Total Current Liabilities | $474.36M | $505.96M | $443.73M | $465.20M | $453.70M | $515.55M | $458.98M | $520.22M | $503.11M | $487.19M | $492.91M | $497.74M | $469.56M |
| Long-term Debt | - | - | - | - | $285.82M | $286.46M | $287.10M | $287.73M | $288.37M | $289.00M | $289.63M | $290.27M | $290.90M |
| Other Non-current Liabilities | $56.75M | $56.05M | $58.85M | $56.02M | $52.63M | $48.29M | $48.96M | $49.88M | $53.62M | $48.22M | $48.49M | $42.38M | $42.85M |
| Total Liabilities | $596.08M | $628.23M | $570.39M | $590.59M | $863.18M | $922.84M | $869.13M | $933.54M | $923.65M | $906.75M | $917.15M | $920.23M | $899.04M |
| Common Stock | $1.80M | $1.80M | $1.80M | $1.77M | $1.76M | $1.76M | $1.76M | $1.73M | $1.72M | $1.72M | $1.72M | $1.69M | $1.69M |
| Retained Earnings | $-784.13M | $-866.90M | $-953.99M | $-976.46M | $-1.12B | $-1.22B | $-1.31B | $-1.34B | $-1.46B | $-1.50B | $-1.74B | $-1.70B | $-1.67B |
| Total Stockholders Equity | $1.73B | $1.62B | $1.51B | $1.46B | $1.29B | $1.28B | $1.25B | $1.20B | $1.36B | $1.28B | $1.01B | $1.04B | $1.04B |
| Total Liabilities & Equity | $2.33B | $2.25B | $2.08B | $2.06B | $2.16B | $2.21B | $2.12B | $2.14B | $2.28B | $2.19B | $1.92B | $1.96B | $1.94B |
| Breakdown | 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) |
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) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $82.76M | $109.56M | $22.46M | $146.50M | $220.57M | $128.19M | $36.83M | $112.78M | $242.98M | $195.22M | $-41.84M | $-28.25M | $-63.97M |
| Depreciation & Amortization | $23.32M | $15.24M | $7.42M | $6.85M | $21.69M | $14.71M | $8.06M | $18.54M | $56.39M | $37.73M | $18.71M | $19.68M | $58.19M |
| Stock-based Compensation | $72.44M | $47.78M | $22.81M | $20.75M | $75.89M | $53.36M | $32.76M | $25.84M | $75.06M | $51.15M | $22.64M | $26.48M | $67.77M |
| Deferred Income Tax | $30.49M | $-900.00K | $2.51M | $8.21M | $32.31M | $21.72M | $7.51M | $-52.52M | $-47.38M | $-38.14M | $-36.12M | $21.28M | $-54.07M |
| Change in Receivables | $-30.13M | $-29.62M | $-65.83M | $17.32M | $34.73M | $33.94M | $-16.63M | $-5.22M | $49.73M | $46.51M | $-18.79M | $30.80M | $-56.05M |
| Change in Inventory | $9.20M | $10.04M | $1.75M | $-9.14M | $6.05M | $9.54M | $12.64M | $-7.15M | $9.87M | $6.88M | $2.03M | $15.38M | $15.65M |
| Operating Cash Flow | $350.69M | $249.01M | $98.81M | $190.40M | $248.73M | $167.14M | $21.11M | $107.24M | $294.12M | $194.41M | $-21.30M | $1.05M | $20.00M |
| Capital Expenditure | $40.44M | $23.13M | $10.11M | $9.77M | $23.71M | $15.45M | $8.34M | $17.03M | $31.02M | $16.57M | $6.86M | $10.03M | $28.23M |
| Purchases of Investments | $308.53M | $193.81M | $95.99M | $89.65M | $396.89M | $209.96M | $114.51M | $67.88M | $186.59M | $30.28M | $23.90M | $52.87M | $256.81M |
| Investing Cash Flow | $-26.85M | $-20.11M | $9.10M | $-13.88M | $-97.43M | $11.90M | $-39.95M | $-20.98M | $74.34M | $193.70M | $72.85M | $27.74M | $-92.28M |
| Debt Repayment | - | - | - | - | $2.25M | $1.50M | $750.00K | $750.00K | $2.25M | $1.50M | $750.00K | $750.00K | $2.25M |
| Stock Repurchased | - | - | - | $1.00K | $200.28M | $84.69M | - | - | - | - | - | - | - |
| Financing Cash Flow | $1.47M | $1.15M | $747.00K | $-281.67M | $-212.47M | $-101.36M | $-17.87M | $-276.50M | $-13.22M | $-14.78M | $-22.62M | $-271.00K | $-1.30M |
| Net Change in Cash | $325.30M | $230.05M | $108.66M | $-105.15M | $-61.18M | $77.68M | $-36.72M | $-190.24M | $355.24M | $373.32M | $28.93M | $28.52M | $-73.59M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.