$858.67M
Revenue
$18.77M
Net Income
70.44%
Gross Margin
1.50%
Op. Margin
$275.78M
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 | $217.96M | $214.19M | $210.25M | $216.26M | $214.65M | $207.99M | $205.10M | $205.27M | $198.84M | $190.42M | $183.17M | $184.48M | $175.76M |
| Revenue Growth % (YoY) | 1.5% | 3.0% | 2.5% | 5.4% | 8.0% | 9.2% | 12.0% | 11.3% | 13.1% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $64.98M | $63.06M | $59.48M | $66.27M | $63.02M | $60.85M | $60.90M | $59.75M | $57.83M | $58.16M | $56.00M | $54.94M | $53.85M |
| Gross Profit | $152.98M | $151.13M | $150.77M | $149.99M | $151.64M | $147.14M | $144.20M | $145.52M | $141.01M | $132.26M | $127.17M | $129.54M | $121.92M |
| Gross Margin % | 70.2% | 70.6% | 71.7% | 69.4% | 70.6% | 70.7% | 70.3% | 70.9% | 70.9% | 69.5% | 69.4% | 70.2% | 69.4% |
| Operating Expenses | $147.07M | $147.64M | $150.87M | $146.37M | $137.68M | $140.26M | $133.63M | $134.59M | $157.05M | $183.92M | $151.14M | $142.89M | $145.15M |
| Research & Development | $46.91M | $47.23M | $47.89M | $47.52M | $44.56M | $40.06M | $40.99M | $39.73M | $39.94M | $50.76M | $46.35M | $42.63M | $48.62M |
| Operating Income | $5.90M | $3.49M | $-101.00K | $3.63M | $13.96M | $6.88M | $10.57M | $10.93M | $-16.04M | $-51.66M | $-23.96M | $-13.35M | $-23.24M |
| Operating Margin % | 2.7% | 1.6% | -0.0% | 1.7% | 6.5% | 3.3% | 5.2% | 5.3% | -8.1% | -27.1% | -13.1% | -7.2% | -13.2% |
| Interest Expense | $5.77M | $2.97M | $1.57M | $518.00K | $5.84M | $3.21M | $2.67M | $2.69M | $56.52M | $2.77M | $2.72M | $2.78M | $2.75M |
| Interest Income | $6.17M | $5.51M | $5.76M | $5.55M | $5.57M | $5.22M | $4.72M | $4.18M | $2.54M | $1.79M | $1.67M | $960.00K | $498.00K |
| Other Income/Expense | $-173.00K | $3.96M | $1.80M | $-4.36M | $2.81M | $-695.00K | $-1.44M | $3.57M | $-4.52M | $-13.27M | $-307.00K | $3.69M | $-2.21M |
| Income Before Tax | $9.31M | $10.34M | $4.80M | $2.03M | $19.51M | $8.73M | $11.18M | $15.98M | $-74.53M | $-65.91M | $-25.32M | $-11.48M | $-27.69M |
| Income Tax Expense | $-497.00K | $2.00M | $2.70M | $3.51M | $2.95M | $538.00K | $8.93M | $-4.06M | $2.08M | $869.00K | $594.00K | $-96.00K | $1.03M |
| Net Income | $9.81M | $8.34M | $2.10M | $-1.48M | $16.55M | $8.20M | $2.26M | $20.05M | $-76.61M | $-66.78M | $-25.91M | $-11.38M | $-28.73M |
| Net Margin % | 4.5% | 3.9% | 1.0% | -0.7% | 7.7% | 3.9% | 1.1% | 9.8% | -38.5% | -35.1% | -14.1% | -6.2% | -16.3% |
| Basic EPS | 0.15 | 0.13 | 0.03 | -0.02 | 0.26 | 0.13 | 0.04 | 0.34 | -1.25 | -1.10 | -0.43 | -0.18 | -0.49 |
| Diluted EPS | 0.15 | 0.13 | 0.03 | 0.04 | 0.22 | 0.11 | 0.03 | 0.34 | -1.25 | -1.10 | -0.43 | -0.18 | -0.49 |
| Basic Shares Outstanding | 65.0M | 64.4M | 63.8M | 218K | 62.9M | 62.5M | 61.9M | 250K | 61.1M | 60.5M | 59.9M | 322K | 58.7M |
| Diluted Shares Outstanding | 65.2M | 64.7M | 64.2M | -11.0M | 74.5M | 74.3M | 74.0M | 250K | 61.1M | 60.5M | 59.9M | 322K | 58.7M |
| 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 | $130.61M | $261.33M | $291.46M | $334.69M | $222.57M | $236.97M | $198.72M | $213.63M | $182.73M | $185.93M | $205.76M | $207.29M | $168.35M |
| Short-term Investments | $276.51M | $250.41M | $202.01M | $187.03M | $221.12M | $205.67M | $213.00M | $169.54M | $139.43M | $107.57M | $56.48M | $84.16M | $83.23M |
| Accounts Receivable | $141.34M | $150.68M | $140.54M | $168.24M | $141.89M | $143.67M | $124.59M | $164.86M | $137.69M | $136.30M | $116.68M | $152.04M | $121.02M |
| Other Current Assets | $39.00M | $42.80M | $47.96M | $44.02M | $37.33M | $39.19M | $42.55M | $41.41M | $35.09M | $56.46M | $39.53M | $31.91M | $33.40M |
| Total Current Assets | $635.02M | $754.52M | $732.64M | $786.11M | $672.62M | $674.39M | $625.87M | $634.45M | $535.85M | $524.93M | $454.62M | $510.31M | $439.31M |
| Property Plant & Equipment | $31.97M | $29.64M | $31.66M | $32.24M | $33.94M | $34.88M | $37.27M | $39.64M | $42.45M | $47.10M | $56.64M | $57.89M | $55.00M |
| Goodwill | $575.27M | $575.27M | $575.27M | $575.27M | $575.16M | $536.35M | $536.35M | $536.35M | $536.30M | $536.33M | $538.04M | $515.63M | $515.63M |
| Intangible Assets | $69.88M | $74.98M | $79.76M | $85.72M | $90.75M | $84.02M | $88.84M | $94.55M | $99.99M | $104.70M | $111.43M | $101.27M | $103.66M |
| Long-term Investments | $227.42M | $88.01M | $99.14M | $37.27M | $60.38M | $51.43M | $52.45M | $56.17M | $50.60M | $2.44M | $7.34M | $9.76M | $16.71M |
| Other Non-current Assets | $15.21M | $15.96M | $10.09M | $12.87M | - | - | - | $12.89M | - | - | - | $16.63M | - |
| Total Assets | $1.67B | $1.65B | $1.64B | $1.65B | $1.57B | $1.53B | $1.49B | $1.51B | $1.40B | $1.36B | $1.33B | $1.36B | $1.30B |
| Accounts Payable | $15.57M | $15.94M | $12.32M | $18.91M | $6.00M | $12.82M | $11.52M | $15.81M | $8.95M | $8.99M | $8.47M | $10.26M | $13.86M |
| Accrued Liabilities | $80.54M | $78.12M | $69.46M | $88.80M | $82.32M | $67.24M | $60.60M | $84.49M | $63.39M | $69.46M | $57.55M | $80.31M | $64.43M |
| Deferred Revenue | $422.94M | $446.69M | $447.80M | $461.12M | $423.64M | $437.22M | $437.69M | $455.50M | $421.90M | $429.33M | $413.99M | $426.60M | $391.76M |
| Other Current Liabilities | - | - | - | - | - | - | - | $536.00K | $888.00K | $562.00K | $809.00K | $1.66M | $5.25M |
| Total Current Liabilities | $535.01M | $555.94M | $589.15M | $630.22M | $573.63M | $578.61M | $524.07M | $569.79M | $507.60M | $520.45M | $493.67M | $531.27M | $487.16M |
| Other Non-current Liabilities | $21.01M | $20.70M | $20.62M | $20.24M | $19.05M | $13.69M | $13.58M | $10.03M | $14.05M | $13.54M | $13.36M | $14.86M | $13.64M |
| Total Liabilities | $1.54B | $1.56B | $1.59B | $1.63B | $1.58B | $1.58B | $1.57B | $1.62B | $1.56B | $1.47B | $1.44B | $1.48B | $1.44B |
| Common Stock | $652.00K | $646.00K | $642.00K | $635.00K | $632.00K | $627.00K | $623.00K | $617.00K | $614.00K | $609.00K | $603.00K | $597.00K | $592.00K |
| Retained Earnings | $-967.78M | $-977.59M | $-985.93M | $-988.03M | $-983.00M | $-999.55M | $-1.01B | $-1.01B | $-1.03B | $-953.44M | $-886.66M | $-860.75M | $-849.36M |
| Total Stockholders Equity | $127.22M | $90.45M | $52.72M | $17.71M | $-6.30M | $-52.92M | $-86.45M | $-118.18M | $-161.65M | $-111.02M | $-110.17M | $-120.07M | $-142.28M |
| Total Liabilities & Equity | $1.67B | $1.65B | $1.64B | $1.65B | $1.57B | $1.53B | $1.49B | $1.51B | $1.40B | $1.36B | $1.33B | $1.36B | $1.30B |
| 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 | $9.81M | $10.44M | $2.10M | $-1.48M | $16.55M | $8.20M | $2.26M | $20.05M | $-169.31M | $-66.78M | $-25.91M | $-11.38M | $-28.73M |
| Depreciation & Amortization | $34.25M | $23.05M | $11.66M | $11.44M | $33.46M | $22.22M | $11.35M | $11.41M | $34.53M | $22.88M | $11.05M | $10.45M | $30.59M |
| Stock-based Compensation | $81.06M | $54.73M | $27.15M | $31.07M | $76.90M | $52.30M | $24.89M | $23.25M | $84.84M | $61.07M | $29.37M | $27.60M | $92.30M |
| Change in Receivables | $-25.91M | $-17.49M | $-27.67M | $27.91M | $-22.43M | $-19.99M | $-39.53M | $26.45M | $-12.43M | $-15.11M | $-35.80M | $30.48M | $-21.43M |
| Change in Payables | $-3.81M | $-2.96M | $-6.55M | $13.23M | $-10.45M | $-3.02M | $-4.19M | $6.70M | $-1.25M | $-1.28M | $-2.74M | $-527.00K | $8.50M |
| Operating Cash Flow | $116.25M | $77.30M | $29.76M | $63.77M | $107.90M | $63.93M | $31.07M | $63.47M | $40.81M | $37.15M | $5.84M | $40.24M | $37.96M |
| Capital Expenditure | $6.45M | $2.31M | $1.36M | $1.18M | $2.24M | $900.00K | $620.00K | $367.00K | $4.00M | $3.70M | $2.29M | $7.29M | $13.09M |
| Acquisitions | - | - | - | $103.00K | $37.20M | - | - | - | $34.84M | $34.84M | $34.03M | - | - |
| Purchases of Investments | $503.04M | $232.02M | $144.46M | - | $242.49M | $157.97M | $93.16M | $82.82M | $194.01M | $80.26M | $4.88M | $28.28M | $94.49M |
| Investing Cash Flow | $-292.18M | $-120.53M | $-79.21M | $52.97M | $-99.49M | $-34.80M | $-41.69M | $-33.57M | $-145.19M | $-62.18M | $-10.18M | $-5.15M | $-34.84M |
| Stock Issued | - | $755.00K | - | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $-40.83M | $-42.39M | $4.73M | $-1.22M | $6.80M | $3.36M | $4.36M | $-2.20M | $81.80M | $4.01M | $2.84M | $978.00K | $6.44M |
| Net Change in Cash | $-211.49M | $-80.77M | $-43.39M | $112.00M | $15.98M | $30.42M | $-7.75M | $30.91M | $-24.59M | $-21.36M | $-1.53M | $38.94M | $3.85M |
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 | $217.96M | $214.65M | $642.41M | $627.75M |
| Cost of Revenue | $64.98M | $63.16M | $187.52M | $185.14M |
| Gross Profit | $152.98M | $151.50M | $454.88M | $442.60M |
| Operating Expenses | $147.07M | $138.68M | $445.59M | $414.85M |
| Research & Development | $46.91M | $44.98M | $142.03M | $126.79M |
| Operating Income | $5.90M | $12.82M | $9.30M | $27.76M |
| Interest Expense | $2.58M | $2.84M | $5.77M | $5.84M |
| Interest Income | $6.17M | $5.57M | $17.44M | $15.51M |
| Other Income/Expense | $-173.00K | $2.81M | $5.59M | $681.00K |
| Income Before Tax | $9.31M | $18.36M | $24.45M | $35.77M |
| Income Tax Expense | $-497.00K | $2.95M | $4.20M | $12.41M |
| Net Income | $9.81M | $15.41M | $20.25M | $23.35M |
| Basic EPS | 0.15 | 0.24 | 0.31 | 0.37 |
| Diluted EPS | 0.15 | 0.21 | 0.31 | 0.31 |
| Basic Shares Outstanding | $64.97M | $62.90M | $64.40M | $62.39M |
| Diluted Shares Outstanding | $65.18M | $74.54M | $64.69M | $74.23M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $130.61M | $334.69M |
| Short-term Investments | $276.51M | $187.03M |
| Accounts Receivable | $141.34M | $168.24M |
| Other Current Assets | $39.00M | $44.02M |
| Total Current Assets | $635.02M | $786.11M |
| Property Plant & Equipment | $31.97M | $32.24M |
| Goodwill | $575.27M | $575.27M |
| Intangible Assets | $69.88M | $85.72M |
| Long-term Investments | $227.42M | $37.27M |
| Other Non-current Assets | $15.21M | $12.87M |
| Total Assets | $1.67B | $1.65B |
| Accounts Payable | $15.57M | $18.91M |
| Accrued Liabilities | $80.54M | $88.80M |
| Deferred Revenue | $422.94M | $461.12M |
| Total Current Liabilities | $535.01M | $630.22M |
| Other Non-current Liabilities | $21.01M | $20.24M |
| Total Liabilities | $1.54B | $1.63B |
| Common Stock | $652.00K | $635.00K |
| Retained Earnings | $-967.78M | $-988.03M |
| Total Stockholders Equity | $127.22M | $17.71M |
| Total Liabilities & Equity | $1.67B | $1.65B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $9.81M | $15.41M | $20.25M | $23.35M |
| Depreciation & Amortization | - | - | $34.25M | $33.46M |
| Stock-based Compensation | - | - | $81.06M | $80.55M |
| Change in Receivables | - | - | $-25.91M | $-22.43M |
| Change in Payables | - | - | $-3.81M | $-10.45M |
| Operating Cash Flow | - | - | $116.25M | $107.90M |
| Capital Expenditure | - | - | $6.45M | $2.24M |
| Acquisitions | - | - | - | $37.20M |
| Purchases of Investments | - | - | $503.04M | $242.49M |
| Investing Cash Flow | - | - | $-292.18M | $-99.49M |
| Financing Cash Flow | - | - | $-40.83M | $6.80M |
| Net Change in Cash | - | - | $-211.49M | $15.98M |
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.