$713.95M
Revenue
$144.61M
Net Income
62.66%
Gross Margin
13.67%
Op. Margin
$148.01M
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 | $205.36M | $179.49M | $173.33M | $155.77M | $193.97M | $162.00M | $162.88M | $149.32M | $186.93M | $150.09M | $152.54M | $130.15M | $175.40M | $145.81M |
| Revenue Growth % (YoY) | 5.9% | 10.8% | 6.4% | 4.3% | 3.8% | 7.9% | 6.8% | 14.7% | 6.6% | 2.9% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $69.51M | $69.36M | $64.95M | $62.80M | $67.79M | $62.54M | $62.61M | $65.90M | $70.03M | $84.88M | $130.18M | $124.83M | $111.02M | $71.75M |
| Gross Profit | $135.84M | $110.14M | $108.38M | $92.97M | $126.18M | $99.46M | $100.27M | $83.42M | $116.91M | $65.21M | $22.37M | $5.32M | $64.38M | $74.06M |
| Gross Margin % | 66.2% | 61.4% | 62.5% | 59.7% | 65.1% | 61.4% | 61.6% | 55.9% | 62.5% | 43.4% | 14.7% | 4.1% | 36.7% | 50.8% |
| Operating Expenses | $153.39M | $154.45M | $151.37M | $157.13M | $153.75M | $146.88M | $153.31M | $163.15M | $151.81M | $167.93M | $224.34M | $230.65M | $203.94M | $166.97M |
| Research & Development | $20.64M | $20.20M | $21.58M | $22.29M | $22.26M | $20.26M | $25.83M | $26.89M | $23.18M | $23.54M | $23.38M | $24.21M | $22.54M | $25.13M |
| Operating Income | $51.97M | $25.04M | $21.96M | $-1.36M | $40.22M | $15.12M | $9.57M | $-13.83M | $35.12M | $-17.84M | $-71.80M | $-100.50M | $-28.54M | $-21.16M |
| Operating Margin % | 25.3% | 14.0% | 12.7% | -0.9% | 20.7% | 9.3% | 5.9% | -9.3% | 18.8% | -11.9% | -47.1% | -77.2% | -16.3% | -14.5% |
| Interest Expense | $16.73M | $21.67M | $14.48M | $6.68M | $11.68M | $28.75M | $17.85M | $7.18M | $15.85M | $27.61M | $17.94M | $8.99M | $7.70M | $18.62M |
| Other Income/Expense | $-3.89M | $-4.10M | $-9.86M | $-9.12M | $2.04M | $-8.88M | $-6.03M | $-11.74M | $-1.96M | $-601.00K | $-1.43M | $1.45M | $-10.57M | $-3.67M |
| Income Before Tax | $48.07M | $20.94M | $12.10M | $-10.49M | $42.26M | $6.24M | $3.55M | $-25.57M | $33.16M | $-18.44M | $-73.23M | $-99.04M | $-39.12M | $-24.83M |
| Income Tax Expense | $-74.98M | $885.00K | $958.00K | $-853.00K | $5.85M | $1.03M | $4.63M | $-7.81M | $2.25M | $-967.00K | $663.00K | $-309.00K | $-2.73M | $-435.00K |
| Net Income | $123.05M | $20.06M | $11.14M | $-9.63M | $36.41M | $5.21M | $-1.08M | $-17.76M | $30.91M | $-17.48M | $-73.89M | $-98.73M | $-36.38M | $-24.39M |
| Net Margin % | 59.9% | 11.2% | 6.4% | -6.2% | 18.8% | 3.2% | -0.7% | -11.9% | 16.5% | -11.6% | -48.4% | -75.9% | -20.7% | -16.7% |
| Basic EPS | 0.86 | 0.14 | 0.08 | -0.07 | 0.26 | 0.04 | -0.01 | -0.13 | 0.23 | -0.13 | -0.54 | -0.73 | -0.27 | -0.18 |
| Diluted EPS | 0.81 | 0.13 | 0.08 | -0.07 | 0.26 | 0.04 | -0.01 | -0.13 | 0.23 | -0.13 | -0.54 | -0.73 | -0.27 | -0.18 |
| Basic Shares Outstanding | - | 143.0M | 141.7M | 141.9M | 181K | 141.3M | 140.6M | 139.3M | 536K | 137.4M | 136.2M | 134.7M | 276K | 133.1M |
| Diluted Shares Outstanding | - | 153.2M | 148.3M | 141.9M | 6.4M | 148.7M | 140.6M | 139.3M | 536K | 137.4M | 136.2M | 134.7M | 276K | 133.1M |
| 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 | $553.36M | $482.13M | $426.00M | $429.71M | $483.22M | $387.24M | $326.46M | $252.83M | $326.22M | $310.51M | $266.36M | $236.55M | $326.25M | $253.55M |
| Accounts Receivable | $1.30B | $1.22B | $1.30B | $1.05B | $1.20B | $1.16B | $1.12B | $999.85M | $1.18B | $937.22M | $908.44M | $875.31M | $976.51M | $804.35M |
| Other Current Assets | $26.26M | $27.94M | $27.47M | $32.21M | $19.91M | $22.32M | $19.38M | $20.77M | $20.51M | $21.45M | $22.12M | $25.10M | $23.50M | $21.36M |
| Total Current Assets | $1.88B | $1.73B | $1.76B | $1.52B | $1.70B | $1.57B | $1.47B | $1.27B | $1.52B | $1.27B | $1.20B | $1.14B | $1.33B | $1.08B |
| Property Plant & Equipment | $108.55M | $97.04M | $89.50M | $79.13M | $68.73M | $64.55M | $62.94M | $55.53M | $47.37M | $46.11M | $46.28M | $45.64M | - | $45.49M |
| Goodwill | $983.90M | $983.90M | $978.22M | $978.22M | $978.22M | $978.22M | $978.22M | $978.22M | $978.22M | $978.22M | $978.22M | $978.22M | $978.22M | $978.22M |
| Intangible Assets | $12.45M | $15.08M | $11.04M | $13.93M | $21.31M | $28.35M | $35.85M | $43.42M | $51.01M | $58.63M | $88.39M | $167.07M | $253.50M | $322.55M |
| Other Non-current Assets | $82.49M | $5.59M | $6.17M | $5.86M | $6.38M | $9.14M | $11.01M | $16.32M | $6.73M | $6.69M | $7.02M | $7.59M | $7.38M | $6.11M |
| Total Assets | $3.16B | $2.92B | $2.93B | $2.67B | $2.85B | $2.74B | $2.64B | $2.45B | $2.69B | $2.45B | $2.41B | $2.43B | $2.71B | $2.53B |
| Short-term Debt | $208.45M | $208.15M | $207.86M | $207.57M | $3.64M | $3.64M | $3.65M | $3.65M | $3.60M | $3.60M | $3.60M | $3.60M | $3.60M | $3.60M |
| Other Current Liabilities | $5.46M | $4.95M | $7.32M | $8.17M | $9.88M | $7.01M | $6.22M | $7.73M | $5.96M | $5.80M | $6.63M | $7.47M | $5.94M | $5.88M |
| Total Current Liabilities | $1.84B | $1.71B | $1.76B | $1.54B | $1.50B | $1.41B | $1.33B | $1.15B | $1.40B | $1.13B | $1.05B | $982.35M | $1.13B | $919.01M |
| Long-term Debt | $556.11M | $348.11M | $348.56M | $349.00M | $553.75M | $550.17M | $549.02M | $549.08M | $532.99M | $601.61M | $635.04M | $674.04M | $722.76M | $722.08M |
| Deferred Tax Liabilities | - | - | - | - | - | - | $287.00K | $288.00K | $680.00K | $4.40M | $5.38M | $4.71M | $5.07M | $11.51M |
| Other Non-current Liabilities | $2.54M | $2.82M | $1.77M | $1.65M | $1.48M | $1.63M | $1.52M | $1.58M | $1.66M | $1.80M | $1.85M | $1.96M | $1.72M | $1.70M |
| Total Liabilities | $2.24B | $2.11B | $2.16B | $1.93B | $2.09B | $2.01B | $1.93B | $1.76B | $1.99B | $1.79B | $1.76B | $1.72B | $1.92B | $1.72B |
| Common Stock | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K |
| Retained Earnings | $-516.56M | $-639.61M | $-659.67M | $-670.81M | $-661.17M | $-697.58M | $-702.79M | $-701.72M | $-683.96M | $-714.87M | $-697.39M | $-623.51M | $-524.77M | $-488.39M |
| Total Stockholders Equity | $922.35M | $807.95M | $768.47M | $741.75M | $768.22M | $725.88M | $712.96M | $695.38M | $701.68M | $652.11M | $652.58M | $705.23M | $791.30M | $810.50M |
| Total Liabilities & Equity | $3.16B | $2.92B | $2.93B | $2.67B | $2.85B | $2.74B | $2.64B | $2.45B | $2.69B | $2.45B | $2.41B | $2.43B | $2.71B | $2.53B |
| 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 | $123.05M | $20.06M | $1.50M | $-9.63M | $36.41M | $-13.62M | $-18.84M | $-17.76M | $30.91M | $-17.48M | $-73.89M | $-98.73M | $-36.38M | $-93.94M |
| Depreciation & Amortization | $13.55M | $40.12M | $27.81M | $15.60M | $16.17M | $42.34M | $27.80M | $13.57M | $16.82M | $224.00M | $184.73M | $95.80M | $77.41M | $138.64M |
| Stock-based Compensation | $17.84M | $58.81M | $40.77M | $21.21M | $17.36M | $59.16M | $40.49M | $20.83M | $17.16M | $55.46M | $37.99M | $19.29M | $13.93M | $50.19M |
| Change in Receivables | $87.44M | $16.32M | $102.24M | $-147.86M | $36.14M | $-10.11M | $-52.15M | $-175.31M | $239.13M | $-19.03M | $-48.14M | $-100.14M | $171.59M | $-125.27M |
| Operating Cash Flow | $128.46M | $107.71M | $21.09M | $2.56M | $114.70M | $120.50M | $29.16M | $-60.41M | $89.08M | $125.28M | $43.22M | $-30.89M | $88.70M | $103.84M |
| Capital Expenditure | $25.40M | $45.13M | $26.89M | $14.38M | $3.73M | $29.08M | $15.04M | $5.87M | $9.62M | $17.14M | $12.73M | $4.40M | $12.81M | $18.00M |
| Acquisitions | - | $8.10M | - | - | - | - | - | - | - | - | - | - | - | $20.75M |
| Investing Cash Flow | $-29.02M | $-63.74M | $-33.26M | $-17.20M | $-6.83M | $-40.67M | $-22.56M | $-9.25M | $-12.04M | $-25.34M | $-18.53M | $-7.47M | $-15.22M | $-49.94M |
| Debt Repayment | - | - | - | - | - | - | - | - | $900.00K | $2.70M | $1.80M | $900.00K | $900.00K | $2.70M |
| Stock Repurchased | $23.40M | $22.88M | $22.88M | $19.23M | $5.57M | $9.01M | - | - | - | - | - | - | - | $15.66M |
| Financing Cash Flow | $-28.04M | $-47.04M | $-47.38M | $-39.45M | $-9.46M | $-19.45M | $-5.65M | $-3.10M | $-62.16M | $-115.68M | $-85.04M | $-51.81M | $-1.85M | $-28.32M |
| Net Change in Cash | $71.23M | $-1.09M | $-57.22M | $-53.51M | $95.98M | $61.02M | $245.00K | $-73.39M | $15.66M | $-15.95M | $-60.09M | $-89.90M | $72.70M | $23.10M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.