$713.95M
Revenue
$144.61M
Net Income
62.66%
Gross Margin
13.67%
Op. Margin
$148.01M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $713.95M | $713.95M | $668.17M | $619.71M | $577.07M | $468.41M |
| Revenue Growth % | 0.0% | 6.9% | 7.8% | 7.4% | 23.2% | nan% |
| Cost of Revenue | $266.62M | $266.62M | $258.84M | $409.91M | $307.17M | $201.66M |
| Gross Profit | $447.33M | $447.33M | $409.33M | $209.80M | $269.90M | $266.75M |
| Gross Margin % | 62.7% | 62.7% | 61.3% | 33.9% | 46.8% | 56.9% |
| Operating Expenses | $616.35M | $616.35M | $617.08M | $774.72M | $689.85M | $549.48M |
| Research & Development | $84.71M | $84.71M | $95.24M | $94.32M | $93.76M | $74.45M |
| Operating Income | $97.60M | $97.60M | $51.09M | $-155.01M | $-112.78M | $-81.07M |
| Operating Margin % | 13.7% | 13.7% | 7.6% | -25.0% | -19.5% | -17.3% |
| Interest Expense | $59.56M | $31.65M | $40.43M | $43.46M | $26.32M | $12.91M |
| Interest Income | - | $12.72M | $13.40M | $11.09M | - | - |
| Other Income/Expense | $-26.97M | $-26.97M | $-24.60M | $-2.54M | $-22.81M | $-13.92M |
| Income Before Tax | $70.63M | $70.63M | $26.48M | $-157.55M | $-135.60M | $-94.99M |
| Income Tax Expense | $-73.99M | $-73.99M | $3.70M | $1.64M | $-5.27M | $-95.05M |
| Net Income | $144.61M | $144.61M | $22.79M | $-159.18M | $-130.32M | $65.00K |
| Net Margin % | 20.3% | 20.3% | 3.4% | -25.7% | -22.6% | 0.0% |
| Basic EPS | 1.01 | 1.01 | 0.16 | -1.17 | -0.98 | 0.00 |
| Diluted EPS | 0.95 | 0.95 | 0.16 | -1.17 | -0.98 | 0.00 |
| Basic Shares Outstanding | - | 142.6M | 140.6M | 136.6M | 132.9M | 126.3M |
| Diluted Shares Outstanding | - | 153.8M | 146.8M | 136.6M | 132.9M | 136.3M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $553.36M | $483.22M | $326.22M | $326.25M | $230.40M |
| Accounts Receivable | $1.30B | $1.20B | $1.18B | $976.51M | $927.78M |
| Other Current Assets | $26.26M | $19.91M | $20.51M | $23.50M | $19.93M |
| Total Current Assets | $1.88B | $1.70B | $1.52B | $1.33B | $1.18B |
| Property Plant & Equipment | $108.55M | $68.73M | $47.37M | - | - |
| Goodwill | $983.90M | $978.22M | $978.22M | $978.22M | $969.87M |
| Intangible Assets | $12.45M | $21.31M | $51.01M | $253.50M | $426.62M |
| Other Non-current Assets | $82.49M | $6.38M | $6.73M | $7.38M | $6.86M |
| Total Assets | $3.16B | $2.85B | $2.69B | $2.71B | $2.71B |
| Short-term Debt | $208.45M | $3.64M | $3.60M | $3.60M | $3.60M |
| Other Current Liabilities | $5.46M | $9.88M | $5.96M | $5.94M | $5.70M |
| Total Current Liabilities | $1.84B | $1.50B | $1.40B | $1.13B | $1.03B |
| Long-term Debt | $556.11M | $553.75M | $532.99M | $722.76M | $720.02M |
| Deferred Tax Liabilities | - | - | $680.00K | $5.07M | $13.30M |
| Other Non-current Liabilities | $2.54M | $1.48M | $1.66M | $1.72M | $2.65M |
| Total Liabilities | $2.24B | $2.09B | $1.99B | $1.92B | $1.83B |
| Common Stock | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K |
| Retained Earnings | $-516.56M | $-661.17M | $-683.96M | $-524.77M | $-394.45M |
| Treasury Stock | - | - | - | - | $6.01M |
| Total Stockholders Equity | $922.35M | $768.22M | $701.68M | $791.30M | $880.76M |
| Total Liabilities & Equity | $3.16B | $2.85B | $2.69B | $2.71B | $2.71B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $134.98M | $144.61M | $22.79M | $-159.18M | $-130.32M | $65.00K |
| Depreciation & Amortization | $97.09M | $53.67M | $58.51M | $240.82M | $216.05M | $146.89M |
| Stock-based Compensation | $138.62M | $76.65M | $76.52M | $72.62M | $64.12M | $40.73M |
| Deferred Income Tax | - | $-78.31M | $63.00K | $-2.28M | - | - |
| Change in Receivables | $58.14M | $103.76M | $26.02M | $220.10M | $46.33M | $254.37M |
| Operating Cash Flow | $259.82M | $236.17M | $235.20M | $214.37M | $192.55M | $126.59M |
| Capital Expenditure | $111.80M | $70.53M | $32.81M | $26.76M | $30.82M | $17.70M |
| Acquisitions | - | $8.10M | - | - | $20.75M | $661.87M |
| Sales of Investments | - | - | - | - | - | - |
| Investing Cash Flow | $-143.22M | $-92.77M | $-47.50M | $-37.38M | $-65.15M | $-691.00M |
| Debt Repayment | - | - | - | $3.60M | $3.60M | $1.80M |
| Stock Repurchased | $88.39M | $46.28M | $14.57M | - | $15.66M | $6.01M |
| Financing Cash Flow | $-161.92M | $-75.08M | $-28.90M | $-177.84M | $-30.17M | $678.05M |
| Net Change in Cash | $-40.59M | $70.14M | $157.00M | $-283.00K | $95.81M | $112.96M |
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 | $179.49M | - | $508.60M | - |
| Cost of Revenue | $69.36M | - | $197.11M | - |
| Operating Expenses | $154.45M | - | $462.96M | - |
| Research & Development | $20.20M | - | $64.07M | - |
| Operating Income | $25.04M | - | $45.64M | - |
| Interest Expense | $4.67M | - | $21.67M | - |
| Other Income/Expense | $-4.10M | - | $-23.08M | - |
| Income Before Tax | $20.94M | - | $22.55M | - |
| Income Tax Expense | $885.00K | - | $990.00K | - |
| Net Income | $20.06M | $-1.08M | $21.56M | - |
| Basic EPS | 0.14 | - | 0.15 | - |
| Diluted EPS | 0.13 | - | 0.14 | - |
| Basic Shares Outstanding | $143.01M | - | $142.18M | - |
| Diluted Shares Outstanding | $153.17M | - | $150.52M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $482.13M | $483.22M |
| Accounts Receivable | $1.22B | $1.20B |
| Other Current Assets | $27.94M | $19.91M |
| Total Current Assets | $1.73B | $1.70B |
| Property Plant & Equipment | $97.04M | $68.73M |
| Goodwill | $983.90M | $978.22M |
| Intangible Assets | $15.08M | $21.31M |
| Other Non-current Assets | $5.59M | $6.38M |
| Total Assets | $2.92B | $2.85B |
| Short-term Debt | $208.15M | $3.64M |
| Other Current Liabilities | $4.95M | $9.88M |
| Total Current Liabilities | $1.71B | $1.50B |
| Long-term Debt | $348.11M | $550.10M |
| Other Non-current Liabilities | $2.82M | $1.48M |
| Total Liabilities | $2.11B | $2.09B |
| Common Stock | $2.00K | $2.00K |
| Retained Earnings | $-639.61M | $-661.17M |
| Total Stockholders Equity | $807.95M | $768.22M |
| Total Liabilities & Equity | $2.92B | $2.85B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $20.06M | $-1.08M | $21.56M | - |
| Depreciation & Amortization | - | - | $40.12M | - |
| Stock-based Compensation | - | - | $58.81M | - |
| Change in Receivables | - | - | $16.32M | - |
| Operating Cash Flow | - | - | $107.71M | - |
| Capital Expenditure | - | - | $45.13M | - |
| Acquisitions | - | - | $8.10M | - |
| Investing Cash Flow | - | - | $-63.74M | - |
| Stock Repurchased | - | - | $22.88M | - |
| Financing Cash Flow | - | - | $-47.04M | - |
| Net Change in Cash | - | - | $-1.09M | - |
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.