$6.96B
Revenue
$-58.50M
Net Income
-
Gross Margin
-0.91%
Op. Margin
$310.30M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $1.70B | $1.85B | $2.06B | $1.36B | $1.38B | $1.49B | $1.70B | $1.05B | $1.10B | $1.34B | $1.49B | $957.20M | $1.11B | $1.49B |
| Revenue Growth % (YoY) | 23.1% | 23.6% | 21.1% | 28.7% | 25.9% | 11.7% | 13.8% | 10.1% | -1.0% | -10.5% | nan% | nan% | nan% | nan% |
| Operating Expenses | $1.74B | $1.85B | $2.02B | $1.41B | $1.42B | $1.50B | $1.68B | $1.19B | $1.18B | $1.38B | $1.54B | $1.11B | $1.26B | $1.65B |
| Research & Development | $65.10M | $67.40M | $63.40M | $49.90M | $46.90M | $47.50M | $47.40M | $47.00M | $44.40M | $45.80M | $45.40M | $48.90M | $63.40M | $81.50M |
| Operating Income | $-41.90M | $-7.20M | $39.40M | $-53.70M | $-40.60M | $-3.40M | $21.30M | $-132.10M | $-83.00M | $-38.90M | $-44.60M | $-148.40M | $-152.80M | $-151.80M |
| Operating Margin % | -2.5% | -0.4% | 1.9% | -4.0% | -2.9% | -0.2% | 1.3% | -12.5% | -7.6% | -2.9% | -3.0% | -15.5% | -13.8% | -10.2% |
| Interest Expense | $700.00K | $4.90M | $3.70M | $1.20M | $600.00K | $2.80M | $1.80M | $1.50M | $1.60M | $1.90M | $4.10M | $3.20M | $1.30M | $900.00K |
| Income Before Tax | $-34.60M | $-7.80M | $37.80M | $-55.00M | $-40.80M | $-2.70M | $21.10M | $-132.50M | $-87.50M | $-39.30M | $-46.20M | $-148.70M | $-152.80M | $-151.60M |
| Income Tax Expense | $2.20M | $-200.00K | $300.00K | $-3.40M | $200.00K | $-300.00K | $-100.00K | $-300.00K | $100.00K | $-500.00K | - | - | $500.00K | - |
| Net Income | $-42.60M | $-4.60M | $39.40M | $-50.70M | $-40.50M | $-1.70M | $20.70M | $-132.90M | $-83.70M | $-39.40M | $-47.80M | $-150.40M | $-158.10M | $-154.20M |
| Net Margin % | -2.5% | -0.2% | 1.9% | -3.7% | -2.9% | -0.1% | 1.2% | -12.6% | -7.6% | -2.9% | -3.2% | -15.7% | -14.3% | -10.3% |
| Basic EPS | nan | -0.01 | 0.07 | -0.09 | -0.08 | 0.00 | 0.04 | -0.27 | -0.17 | -0.08 | -0.10 | -0.33 | -0.36 | -0.36 |
| Diluted EPS | nan | -0.01 | 0.07 | -0.09 | -0.08 | 0.00 | 0.04 | -0.27 | -0.17 | -0.08 | -0.10 | -0.33 | -0.36 | -0.36 |
| Basic Shares Outstanding | 3.3M | 565.9M | 560.3M | 550.1M | 3.3M | 506.0M | 498.7M | 490.0M | 5.8M | 470.9M | 461.0M | 450.1M | 2.8M | 432.5M |
| Diluted Shares Outstanding | 3.3M | 565.9M | 591.4M | 550.1M | 3.3M | 506.0M | 509.9M | 490.0M | 5.8M | 470.9M | 461.0M | 450.1M | 2.8M | 432.5M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $199.00M | $170.30M | $177.30M | $127.00M | $223.80M | $211.20M | $185.80M | $165.90M | $166.90M | $220.00M | $335.40M | $363.60M | $361.90M | $354.90M |
| Accounts Receivable | $57.00M | $70.50M | $96.90M | $67.30M | $48.60M | $45.80M | $56.80M | $48.70M | $36.60M | $41.00M | $58.40M | $56.70M | $36.60M | $34.20M |
| Other Current Assets | $36.20M | $37.00M | $35.90M | $40.50M | $33.20M | $38.70M | $44.70M | $48.30M | $54.50M | $62.50M | $63.70M | $72.60M | $76.50M | $92.50M |
| Total Current Assets | $317.20M | $313.30M | $348.40M | $269.70M | $330.00M | $330.50M | $320.50M | $292.80M | $282.00M | $357.80M | $493.90M | $533.80M | $517.90M | $541.80M |
| Property Plant & Equipment | $113.80M | $119.40M | $126.10M | $130.80M | $125.50M | $132.40M | $137.70M | $143.10M | $151.70M | $161.70M | $171.00M | $181.10M | $192.50M | $196.70M |
| Goodwill | $479.20M | $479.40M | $474.20M | $472.30M | $233.60M | $234.10M | $234.60M | $212.40M | $209.80M | $208.80M | $203.80M | $203.70M | $198.40M | $198.50M |
| Intangible Assets | $193.30M | $211.80M | $221.10M | $236.50M | $73.80M | $82.70M | $91.70M | $71.50M | $77.60M | $86.10M | $86.40M | $94.70M | $99.30M | $107.70M |
| Other Non-current Assets | $54.90M | $52.20M | $39.70M | $34.80M | $25.40M | $27.70M | $26.60M | $28.20M | $30.70M | $27.80M | $30.30M | $34.70M | $41.80M | $54.30M |
| Total Assets | $1.54B | $1.55B | $1.60B | $1.54B | $1.18B | $1.20B | $1.22B | $1.14B | $1.16B | $1.26B | $1.42B | $1.51B | $1.53B | $1.59B |
| Accounts Payable | $12.50M | $15.30M | $15.60M | $15.90M | $13.00M | $14.30M | $17.80M | $17.00M | $18.40M | $22.60M | $23.30M | $21.80M | $28.10M | $44.70M |
| Other Current Liabilities | $77.00M | - | - | - | $60.40M | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $367.30M | $391.00M | $473.70M | $486.60M | $353.20M | $358.30M | $385.80M | $362.20M | $292.50M | $337.60M | $510.70M | $569.90M | $517.50M | $443.90M |
| Other Non-current Liabilities | $30.70M | $31.70M | $31.50M | $36.20M | $31.90M | $28.10M | $30.30M | $55.00M | $25.60M | $22.50M | $14.10M | $15.20M | $8.40M | $9.30M |
| Total Liabilities | $752.20M | $775.10M | $870.70M | $904.70M | $765.60M | $768.70M | $813.50M | $811.40M | $728.30M | $786.20M | $972.90M | $1.05B | $1.01B | $947.50M |
| Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | $-2.73B | $-2.69B | $-2.68B | $-2.72B | $-2.67B | $-2.63B | $-2.63B | $-2.65B | $-2.52B | $-2.43B | $-2.39B | $-2.35B | $-2.20B | $-2.04B |
| Total Stockholders Equity | $782.00M | $773.30M | $719.90M | $635.00M | $409.40M | $428.00M | $398.40M | $330.30M | $428.70M | $474.00M | $447.60M | $458.10M | $517.10M | $637.90M |
| Total Liabilities & Equity | $1.54B | $1.55B | $1.60B | $1.54B | $1.18B | $1.20B | $1.22B | $1.14B | $1.16B | $1.26B | $1.42B | $1.51B | $1.53B | $1.59B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $-42.60M | $-4.60M | $-11.30M | $-50.70M | $-40.50M | $-1.70M | $-112.20M | $-132.90M | $-83.70M | $-237.60M | $-47.80M | $-150.40M | $-158.10M | $-154.20M |
| Depreciation & Amortization | $26.90M | $85.80M | $58.20M | $28.80M | $19.70M | $62.70M | $42.20M | $20.80M | $21.50M | $68.50M | $47.20M | $24.90M | $21.20M | $65.10M |
| Stock-based Compensation | $57.50M | $145.20M | $85.60M | $30.40M | $31.20M | $96.30M | $63.80M | $32.90M | $36.30M | $121.90M | $83.90M | $44.90M | $61.40M | $173.10M |
| Change in Receivables | $-14.00M | $6.90M | $34.10M | $4.40M | $1.10M | $6.90M | $19.30M | $12.60M | $-4.80M | $8.30M | $24.10M | $20.90M | $4.60M | $-11.10M |
| Operating Cash Flow | $45.30M | $171.40M | $95.90M | $23.10M | $30.50M | $91.00M | $53.60M | $8.60M | $-38.70M | $12.80M | $-2.20M | $-55.50M | $-117.80M | $-173.90M |
| Capital Expenditure | $3.10M | $10.30M | $8.40M | $3.60M | $3.80M | $11.90M | $7.30M | $2.70M | $2.30M | $8.90M | $6.10M | $3.50M | $13.20M | $56.90M |
| Acquisitions | $-800.00K | $174.80M | $172.00M | $160.90M | - | $18.90M | $18.00M | $-400.00K | - | $-700.00K | - | - | - | $15.00M |
| Investing Cash Flow | $-2.30M | $-189.00M | $-181.90M | $-164.50M | $-3.80M | $-32.80M | $-26.50M | $-3.50M | $-3.50M | $-8.20M | $-6.10M | $-3.50M | $-13.20M | $-86.90M |
| Financing Cash Flow | $-14.30M | $-35.90M | $39.50M | $44.60M | $-14.10M | $-13.90M | $-8.20M | $-6.10M | $-10.90M | $-146.50M | $-18.20M | $60.70M | $138.00M | $-2.60M |
| Net Change in Cash | $28.70M | $-53.50M | $-46.50M | $-96.80M | $12.60M | $44.30M | $18.90M | $-1.00M | $-53.10M | $-141.90M | $-26.50M | $1.70M | $7.00M | $-263.40M |
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 | $1.85B | $1.49B | $5.26B | $4.25B |
| Operating Expenses | $1.85B | $1.50B | $5.28B | $4.36B |
| Research & Development | $67.40M | $47.50M | $180.70M | $141.90M |
| Operating Income | $-7.20M | $-3.40M | $-21.50M | $-114.20M |
| Interest Expense | $2.10M | $1.50M | $4.90M | $2.80M |
| Income Before Tax | $-7.80M | $-2.70M | $-25.00M | $-114.10M |
| Income Tax Expense | $-200.00K | $-300.00K | $-3.30M | $-700.00K |
| Net Income | $-4.60M | $-1.70M | $-15.90M | $-113.90M |
| Basic EPS | -0.01 | 0.00 | -0.03 | -0.23 |
| Diluted EPS | -0.01 | 0.00 | -0.03 | -0.23 |
| Basic Shares Outstanding | $565.90M | $505.99M | $558.84M | $498.25M |
| Diluted Shares Outstanding | $565.90M | $505.99M | $558.84M | $498.25M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $170.30M | $223.80M |
| Accounts Receivable | $70.50M | $48.60M |
| Other Current Assets | $37.00M | $33.20M |
| Total Current Assets | $313.30M | $330.00M |
| Property Plant & Equipment | $119.40M | $125.50M |
| Goodwill | $479.40M | $233.60M |
| Intangible Assets | $211.80M | $73.80M |
| Other Non-current Assets | $52.20M | $25.40M |
| Total Assets | $1.55B | $1.18B |
| Accounts Payable | $15.30M | $13.00M |
| Total Current Liabilities | $391.00M | $353.20M |
| Other Non-current Liabilities | $31.70M | $31.90M |
| Total Liabilities | $775.10M | $765.60M |
| Common Stock | - | - |
| Retained Earnings | $-2.69B | $-2.67B |
| Total Stockholders Equity | $773.30M | $409.40M |
| Total Liabilities & Equity | $1.55B | $1.18B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.60M | $-1.70M | $-15.90M | $-113.90M |
| Depreciation & Amortization | $27.60M | $20.50M | $85.80M | $62.70M |
| Stock-based Compensation | - | - | $145.20M | $96.30M |
| Change in Receivables | - | - | $6.90M | $6.90M |
| Operating Cash Flow | - | - | $171.40M | $91.00M |
| Capital Expenditure | - | - | $10.30M | $11.90M |
| Acquisitions | - | - | $174.80M | $18.90M |
| Investing Cash Flow | - | - | $-189.00M | $-32.80M |
| Financing Cash Flow | - | - | $-35.90M | $-13.90M |
| Net Change in Cash | - | - | $-53.50M | $44.30M |
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.