$476.39M
Revenue
$320.54M
Net Income
-
Gross Margin
-
Op. Margin
$637.57M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 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 | $476.39M | $476.39M | $296.29M | $217.77M | $196.13M | $192.35M | $178.33M | $163.40M | $156.94M | $132.98M | $104.68M |
| Revenue Growth % | 0.0% | 60.8% | 36.1% | 11.0% | 2.0% | 7.9% | 9.1% | 4.1% | 18.0% | 27.0% | nan% |
| Cost of Revenue | - | - | - | - | - | - | $1.87M | $2.90M | $2.96M | $2.73M | $2.55M |
| Gross Profit | - | - | - | - | - | $192.35M | $176.46M | $160.50M | $153.98M | $130.25M | $102.13M |
| Gross Margin % | nan% | nan% | nan% | nan% | nan% | 100.0% | 99.0% | 98.2% | 98.1% | 97.9% | 97.6% |
| Operating Expenses | $206.46M | $206.46M | $178.07M | $159.78M | $192.77M | $109.47M | $97.43M | $118.82M | $101.07M | $110.65M | $75.06M |
| Interest Expense | $43.71M | $43.71M | $30.31M | $40.88M | $30.01M | $23.68M | $23.66M | $28.12M | $27.86M | $24.20M | $23.20M |
| Other Income/Expense | - | $4.35M | - | - | - | - | - | - | - | - | - |
| Income Before Tax | - | $325.29M | $124.40M | $53.72M | - | - | - | - | - | - | - |
| Income Tax Expense | - | $5.00M | - | - | - | - | - | - | - | - | - |
| Net Income | $320.54M | $320.54M | $125.08M | $53.73M | $-7.51M | $71.98M | $80.87M | $46.36M | $57.92M | $25.87M | $29.35M |
| Net Margin % | 67.3% | 67.3% | 42.2% | 24.7% | -3.8% | 37.4% | 45.3% | 28.4% | 36.9% | 19.5% | 28.0% |
| Basic EPS | 1.57 | 1.57 | 0.81 | 0.50 | -0.08 | 0.74 | 0.85 | 0.49 | 0.73 | 0.35 | 0.52 |
| Diluted EPS | 1.56 | 1.57 | 0.80 | 0.50 | -0.08 | 0.74 | 0.85 | 0.49 | 0.72 | 0.35 | 0.52 |
| Basic Shares Outstanding | - | 203.6M | 154.8M | 106.0M | 96.7M | 96.0M | 95.2M | 93.1M | 79.4M | 72.6M | 56.0M |
| Diluted Shares Outstanding | - | 204.1M | 155.2M | 106.2M | 96.7M | 96.1M | 95.2M | 93.1M | 79.4M | 72.6M | 56.0M |
| Breakdown | FY 2025 (Dec 31, 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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $198.04M | $213.82M | $294.45M | $13.18M | $19.89M | $18.92M | $20.33M | $36.79M | $6.91M | $7.50M |
| Accounts Receivable | $10.37M | $1.17M | $395.00K | $416.00K | $2.42M | $1.82M | $2.57M | $11.39M | $5.25M | $5.90M |
| Intangible Assets | $48.75M | $3.55M | - | - | - | - | - | - | - | - |
| Total Assets | $5.15B | $3.44B | $2.08B | $1.62B | $1.64B | $1.50B | $1.52B | $1.29B | $1.18B | $925.36M |
| Long-term Debt | $894.22M | $396.93M | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.09B | $507.63M | $666.12M | $771.41M | $725.09M | $589.42M | $591.27M | $523.51M | $590.37M | $472.93M |
| Common Stock | $2.23M | $1.87M | $1.30M | $990.00K | $963.00K | $952.00K | $951.00K | $859.00K | $755.00K | $648.00K |
| Total Stockholders Equity | $4.04B | $2.91B | $1.42B | $849.37M | $915.76M | $914.14M | $927.59M | $768.25M | $594.62M | $452.43M |
| Total Liabilities & Equity | $5.15B | $3.44B | $2.08B | $1.62B | $1.64B | $1.50B | $1.52B | $1.29B | $1.18B | $925.36M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 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 | $320.54M | $320.54M | $125.08M | $53.73M | $-7.51M | $71.98M | $80.87M | $46.36M | $57.92M | $25.87M | $29.35M |
| Depreciation & Amortization | $92.89M | $92.89M | $56.83M | $51.20M | $50.32M | $55.39M | $52.82M | $51.87M | $45.78M | $39.18M | $31.98M |
| Change in Receivables | $402.00K | $187.00K | $808.00K | $9.00K | $-604.00K | $562.00K | $-825.00K | $6.28M | $3.80M | $9.43M | $3.40M |
| Operating Cash Flow | $637.57M | $394.03M | $244.25M | $154.77M | $144.41M | $156.87M | $145.74M | $126.30M | $99.36M | $88.80M | $64.43M |
| Capital Expenditure | - | - | - | - | - | - | - | $2.94M | $1.78M | $403.00K | $151.00K |
| Investing Cash Flow | $-2.32B | $-1.46B | $-1.51B | $-267.81M | $-127.40M | $-192.63M | $-41.58M | $-316.01M | $-115.07M | $-302.56M | $-284.64M |
| Stock Issued | $1.45B | $1.07B | $1.55B | $634.45M | $47.24M | $22.95M | $-404.00K | $195.92M | $179.88M | $170.32M | $200.40M |
| Dividends Paid | $431.18M | $259.35M | $172.16M | $115.49M | $106.14M | $100.78M | $93.16M | $80.62M | $63.00M | $52.59M | $37.27M |
| Financing Cash Flow | $2.18B | $1.05B | $1.19B | $394.32M | $-23.73M | $36.74M | $-105.56M | $173.25M | $45.59M | $213.17M | $216.24M |
| Net Change in Cash | $495.14M | $-15.78M | $-80.63M | $281.27M | $-6.72M | $976.00K | $-1.41M | $-16.46M | $29.88M | $-591.00K | $-3.97M |
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 | $132.44M | - | $341.53M | - |
| Operating Expenses | $58.35M | - | $144.86M | - |
| Interest Expense | $12.62M | - | $32.33M | - |
| Income Before Tax | $77.01M | - | $211.13M | - |
| Income Tax Expense | $2.08M | - | $3.11M | - |
| Net Income | $74.90M | - | $209.25M | - |
| Basic EPS | 0.35 | - | 1.06 | - |
| Diluted EPS | 0.35 | - | 1.06 | - |
| Basic Shares Outstanding | $211.75M | - | $197.20M | - |
| Diluted Shares Outstanding | $212.27M | - | $197.60M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $712.48M | $213.82M |
| Accounts Receivable | $7.39M | $1.17M |
| Total Assets | $5.09B | $3.44B |
| Total Liabilities | $1.07B | $507.63M |
| Common Stock | $2.23M | $1.87M |
| Total Stockholders Equity | $3.99B | $2.91B |
| Total Liabilities & Equity | $5.09B | $3.44B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $74.90M | - | $209.25M | - |
| Depreciation & Amortization | $26.69M | - | $65.75M | - |
| Change in Receivables | - | - | $761.00K | - |
| Operating Cash Flow | - | - | $273.07M | - |
| Investing Cash Flow | - | - | $-901.05M | - |
| Stock Issued | - | - | $1.07B | - |
| Dividends Paid | - | - | $184.54M | - |
| Financing Cash Flow | - | - | $1.13B | - |
| Net Change in Cash | - | - | $498.66M | - |
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.