$901.43M
Revenue
$259.26M
Net Income
59.86%
Gross Margin
17.42%
Op. Margin
$244.02M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Total Revenue | $901.43M | $901.43M | $780.62M | $692.88M | $428.56M |
| Revenue Growth % | 0.0% | 15.5% | 12.7% | 61.7% | nan% |
| Cost of Revenue | $361.83M | $361.83M | $314.67M | $283.97M | $170.59M |
| Gross Profit | $539.59M | $539.59M | $465.94M | $408.92M | $257.97M |
| Gross Margin % | 59.9% | 59.9% | 59.7% | 59.0% | 60.2% |
| Operating Expenses | $382.60M | $382.60M | $374.94M | $397.02M | $269.15M |
| Research & Development | $161.62M | $161.62M | $142.50M | $140.37M | $115.68M |
| Operating Income | $156.99M | $156.99M | $91.01M | $11.90M | $-11.19M |
| Operating Margin % | 17.4% | 17.4% | 11.7% | 1.7% | -2.6% |
| Interest Expense | $2.83M | $9.15M | $508.00K | $8.95M | $3.74M |
| Interest Income | - | $11.31M | $19.88M | $23.77M | - |
| Other Income/Expense | $19.51M | $19.51M | $15.80M | $23.82M | $164.00K |
| Income Before Tax | $206.66M | $206.66M | $97.70M | $26.78M | $-18.20M |
| Income Tax Expense | $-52.60M | $-52.60M | $13.21M | $7.37M | $1.30M |
| Net Income | $259.26M | $259.26M | $84.49M | $19.41M | $-19.50M |
| Net Margin % | 28.8% | 28.8% | 10.8% | 2.8% | -4.6% |
| Basic EPS | 2.84 | 2.83 | 0.92 | 0.22 | -0.21 |
| Diluted EPS | 2.50 | 2.52 | 0.89 | 0.20 | -0.21 |
| Basic Shares Outstanding | - | 91.5M | 91.6M | 90.1M | 93.2M |
| Diluted Shares Outstanding | - | 105.3M | 94.5M | 96.4M | 93.2M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $254.47M | $428.45M | $317.24M | $1.71B |
| Short-term Investments | - | - | $94.53M | - |
| Accounts Receivable | $90.91M | $72.49M | $62.19M | $39.62M |
| Other Current Assets | $5.15M | $1.61M | $29.04M | $17.05M |
| Total Current Assets | $426.98M | $541.72M | $502.99M | $1.77B |
| Property Plant & Equipment | $589.09M | $432.54M | $305.44M | $249.64M |
| Goodwill | $348.67M | $348.67M | $348.32M | $32.17M |
| Intangible Assets | $99.50M | $117.72M | $140.15M | $42.91M |
| Other Non-current Assets | $12.13M | $8.54M | $5.11M | $4.08M |
| Total Assets | $1.84B | $1.64B | $1.46B | $2.10B |
| Accounts Payable | $38.84M | $54.56M | $3.96M | $12.66M |
| Accrued Liabilities | $42.68M | $38.16M | $31.05M | $31.91M |
| Deferred Revenue | $5.88M | $5.40M | $5.34M | $4.83M |
| Other Current Liabilities | $67.51M | $47.05M | $70.98M | $8.85M |
| Total Current Liabilities | $619.46M | $220.96M | $192.65M | $58.24M |
| Long-term Debt | $1.30B | $1.49B | $1.48B | $1.46B |
| Deferred Tax Liabilities | $4.09M | $4.12M | $3.53M | $421.00K |
| Other Non-current Liabilities | $6.19M | $1.09M | $9.53M | $1.46M |
| Total Liabilities | $1.87B | $1.84B | $1.77B | $1.52B |
| Common Stock | $2.00K | $2.00K | $2.00K | $2.00K |
| Retained Earnings | $-43.74M | $-258.74M | $-344.24M | $-186.54M |
| Treasury Stock | - | - | - | $4.60M |
| Total Stockholders Equity | $-28.69M | $-202.96M | $-313.70M | $578.20M |
| Total Liabilities & Equity | $1.84B | $1.64B | $1.46B | $2.10B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Net Income | $259.26M | $259.26M | $84.49M | $19.41M | $-19.50M |
| Depreciation & Amortization | $228.63M | $137.45M | $130.05M | $117.87M | $88.37M |
| Stock-based Compensation | $140.26M | $80.31M | $90.55M | $88.35M | $61.58M |
| Deferred Income Tax | - | $-70.30M | $2.54M | $-198.00K | - |
| Change in Receivables | $61.59M | $36.21M | $26.75M | $22.67M | $20.73M |
| Operating Cash Flow | $530.23M | $309.60M | $282.73M | $234.94M | $133.11M |
| Capital Expenditure | $286.21M | $129.09M | $178.17M | $119.30M | $97.07M |
| Acquisitions | - | - | - | $99.02M | $5.00M |
| Purchases of Investments | - | - | - | $352.31M | - |
| Investing Cash Flow | $-433.67M | $-268.29M | $-94.81M | $401.15M | $-113.61M |
| Stock Repurchased | $220.38M | $82.12M | $59.79M | $488.45M | $350.00M |
| Financing Cash Flow | $-380.96M | $-216.91M | $-76.45M | $-468.90M | $1.59B |
| Net Change in Cash | $-284.29M | $-175.56M | $111.21M | $167.18M | $1.61B |
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 | $229.63M | $198.48M | $659.04M | $575.69M |
| Cost of Revenue | $92.70M | $81.92M | $261.71M | $235.83M |
| Gross Profit | $136.93M | $116.56M | $397.32M | $339.86M |
| Operating Expenses | $92.00M | $91.96M | $279.13M | $281.39M |
| Research & Development | $38.12M | $36.28M | $117.36M | $102.19M |
| Operating Income | $44.93M | $24.61M | $118.19M | $58.47M |
| Interest Expense | $5.04M | $2.26M | $2.72M | $824.00K |
| Other Income/Expense | $2.05M | $7.30M | $17.33M | $17.12M |
| Income Before Tax | $90.31M | $29.64M | $174.14M | $68.70M |
| Income Tax Expense | $-68.06M | $-3.31M | $-59.46M | $2.48M |
| Net Income | $158.37M | $32.95M | $233.60M | $66.23M |
| Basic EPS | 1.74 | 0.36 | 2.56 | 0.72 |
| Diluted EPS | 1.51 | 0.33 | 2.31 | 0.70 |
| Basic Shares Outstanding | $91.19M | $92.14M | $91.42M | $91.41M |
| Diluted Shares Outstanding | $105.52M | $102.59M | $103.04M | $102.68M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $236.56M | $428.45M |
| Accounts Receivable | $84.38M | $72.49M |
| Other Current Assets | $46.69M | $40.79M |
| Total Current Assets | $367.62M | $541.72M |
| Property Plant & Equipment | $520.51M | $432.54M |
| Goodwill | $348.67M | $348.67M |
| Intangible Assets | $104.42M | $117.72M |
| Other Non-current Assets | $12.36M | $8.54M |
| Total Assets | $1.73B | $1.64B |
| Accounts Payable | $67.60M | $54.56M |
| Accrued Liabilities | $46.59M | $38.16M |
| Deferred Revenue | $8.59M | $5.40M |
| Other Current Liabilities | $53.28M | $43.50M |
| Total Current Liabilities | $325.00M | $220.96M |
| Long-term Debt | $1.28B | $1.49B |
| Deferred Tax Liabilities | $4.50M | $4.12M |
| Total Liabilities | $1.80B | $1.84B |
| Common Stock | $2.00K | $2.00K |
| Retained Earnings | $-69.40M | $-258.74M |
| Total Stockholders Equity | $-69.62M | $-202.96M |
| Total Liabilities & Equity | $1.73B | $1.64B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $158.37M | $32.95M | $233.60M | $66.23M |
| Depreciation & Amortization | - | - | $97.03M | $100.83M |
| Stock-based Compensation | - | - | $60.31M | $67.66M |
| Change in Receivables | - | - | $25.06M | $18.77M |
| Operating Cash Flow | - | - | $252.32M | $211.39M |
| Capital Expenditure | - | - | $102.93M | $132.89M |
| Investing Cash Flow | - | - | $-138.77M | $-47.66M |
| Stock Repurchased | - | - | $82.12M | $29.88M |
| Financing Cash Flow | - | - | $-307.18M | $-41.02M |
| Net Change in Cash | - | - | $-193.63M | $122.64M |
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.