$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) |
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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $713.95M | $713.95M | $668.17M | $619.71M | $577.07M | $468.41M | $221.63M | $156.41M | $124.69M | $155.54M | $278.22M | $248.48M | $125.30M |
| Revenue Growth % | 0.0% | 6.9% | 7.8% | 7.4% | 23.2% | 111.4% | 41.7% | 25.4% | -19.8% | -44.1% | 12.0% | 98.3% | nan% |
| Cost of Revenue | $266.62M | $266.62M | $258.84M | $409.91M | $307.17M | $201.66M | $77.75M | $57.39M | $60.00M | $56.84M | $73.25M | $58.49M | $20.75M |
| Gross Profit | $447.33M | $447.33M | $409.33M | $209.80M | $269.90M | $266.75M | $143.88M | $99.02M | $64.68M | $98.71M | $204.97M | $189.99M | $104.54M |
| Gross Margin % | 62.7% | 62.7% | 61.3% | 33.9% | 46.8% | 56.9% | 64.9% | 63.3% | 51.9% | 63.5% | 73.7% | 76.5% | 83.4% |
| Operating Expenses | $616.35M | $616.35M | $617.08M | $774.72M | $689.85M | $549.48M | $275.86M | $184.00M | $188.29M | $312.52M | $303.12M | $254.08M | $144.07M |
| Research & Development | $84.71M | $84.71M | $95.24M | $94.32M | $93.76M | $74.45M | $51.55M | $40.27M | $37.86M | $47.50M | $51.18M | $42.05M | $22.72M |
| Operating Income | $97.60M | $97.60M | $51.09M | $-155.01M | $-112.78M | $-81.07M | $-54.23M | $-27.58M | $-63.61M | $-156.98M | $-24.90M | $-5.60M | $-18.78M |
| Operating Margin % | 13.7% | 13.7% | 7.6% | -25.0% | -19.5% | -17.3% | -24.5% | -17.6% | -51.0% | -100.9% | -8.9% | -2.3% | -15.0% |
| Interest Expense | $59.56M | $31.65M | $40.43M | $43.46M | $26.32M | $12.91M | $101.00K | $61.00K | $46.00K | $61.00K | $61.00K | $62.00K | $122.00K |
| Interest Income | - | $12.72M | $13.40M | $11.09M | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | $-26.97M | $-26.97M | $-24.60M | $-2.54M | $-22.81M | $-13.92M | $1.50M | $593.00K | $2.14M | $431.00K | $1.98M | $1.46M | $277.00K |
| Income Before Tax | $70.63M | $70.63M | $26.48M | $-157.55M | $-135.60M | $-94.99M | $-52.74M | $-26.99M | $-61.47M | $-156.54M | $-22.91M | $-4.14M | $-18.50M |
| Income Tax Expense | $-73.99M | $-73.99M | $3.70M | $1.64M | $-5.27M | $-95.05M | $693.00K | $-1.51M | $357.00K | $-1.76M | $-4.86M | $-4.56M | $172.00K |
| Net Income | $144.61M | $144.61M | $22.79M | $-159.18M | $-130.32M | $65.00K | $-53.43M | $-25.48M | $-61.82M | $-154.78M | $-18.05M | $422.00K | $-18.67M |
| Net Margin % | 20.3% | 20.3% | 3.4% | -25.7% | -22.6% | 0.0% | -24.1% | -16.3% | -49.6% | -99.5% | -6.5% | 0.2% | -14.9% |
| Basic EPS | 1.01 | 1.01 | 0.16 | -1.17 | -0.98 | 0.00 | -0.55 | -0.48 | nan | -3.17 | -0.39 | 0.01 | -0.70 |
| Diluted EPS | 0.95 | 0.95 | 0.16 | -1.17 | -0.98 | 0.00 | -0.55 | -0.48 | nan | -3.17 | -0.39 | 0.01 | -0.70 |
| Basic Shares Outstanding | - | 142.6M | 140.6M | 136.6M | 132.9M | 126.3M | 96.7M | 52.6M | - | 48.9M | 46.7M | 39.7M | 28.2M |
| Diluted Shares Outstanding | - | 153.8M | 146.8M | 136.6M | 132.9M | 136.3M | 96.7M | 52.6M | - | 48.9M | 46.7M | 44.5M | 28.2M |
| 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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $553.36M | $483.22M | $326.22M | $326.25M | $230.40M | $117.68M | $88.89M | $80.45M | $76.64M | $149.42M | $116.50M | $97.20M |
| Accounts Receivable | $1.30B | $1.20B | $1.18B | $976.51M | $927.78M | $471.67M | $217.57M | $205.68M | $165.89M | $192.06M | $218.24M | $133.27M |
| Other Current Assets | $26.26M | $19.91M | $20.51M | $23.50M | $19.93M | $17.73M | $6.59M | $6.88M | $9.62M | $9.54M | $30.97M | $7.51M |
| Total Current Assets | $1.88B | $1.70B | $1.52B | $1.33B | $1.18B | $607.07M | $313.05M | $300.54M | $304.66M | $391.58M | $365.71M | $237.98M |
| Property Plant & Equipment | $108.55M | $68.73M | $47.37M | - | - | $23.68M | $23.67M | $33.49M | $47.39M | $36.25M | $25.40M | $15.20M |
| Goodwill | $983.90M | $978.22M | $978.22M | $978.22M | $969.87M | $158.12M | $7.37M | - | - | $65.70M | $65.70M | $16.29M |
| Intangible Assets | $12.45M | $21.31M | $51.01M | $253.50M | $426.62M | $89.88M | $11.39M | $10.17M | $13.36M | $6.80M | $50.78M | $14.09M |
| Long-term Investments | - | - | - | - | - | - | - | - | - | - | $13.48M | - |
| Other Non-current Assets | $82.49M | $6.38M | $6.73M | $7.38M | $6.86M | $4.44M | $2.10M | $1.24M | $5.49M | $2.92M | $15.21M | $1.43M |
| Total Assets | $3.16B | $2.85B | $2.69B | $2.71B | $2.71B | $938.96M | $395.12M | $360.01M | $383.63M | $519.77M | $536.74M | $296.48M |
| Short-term Debt | $208.45M | $3.64M | $3.60M | $3.60M | $3.60M | - | - | - | - | - | - | $105.00K |
| Other Current Liabilities | $5.46M | $9.88M | $5.96M | $5.94M | $5.70M | $3.07M | $778.00K | $1.30M | $3.14M | $3.53M | $2.20M | $3.28M |
| Total Current Liabilities | $1.84B | $1.50B | $1.40B | $1.13B | $1.03B | $522.20M | $267.50M | $240.98M | $217.24M | $218.44M | $250.16M | $154.40M |
| Long-term Debt | $556.11M | $553.75M | $532.99M | $722.76M | $720.02M | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | $680.00K | $5.07M | $13.30M | $199.00K | - | - | - | - | - | - |
| Other Non-current Liabilities | $2.54M | $1.48M | $1.66M | $1.72M | $2.65M | $2.67M | $454.00K | $1.02M | $1.78M | $1.78M | $2.25M | $1.88M |
| Total Liabilities | $2.24B | $2.09B | $1.99B | $1.92B | $1.83B | $557.35M | $283.18M | $242.00M | $219.02M | $220.26M | $258.63M | $167.73M |
| Common Stock | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $1.00K | $1.00K | - | - | - | - |
| Retained Earnings | $-516.56M | $-661.17M | $-683.96M | $-524.77M | $-394.45M | $-394.52M | $-341.08M | $-315.61M | $-253.78M | $-99.00M | $-80.29M | $-80.71M |
| Treasury Stock | - | - | - | - | $6.01M | - | - | - | - | - | - | - |
| Total Stockholders Equity | $922.35M | $768.22M | $701.68M | $791.30M | $880.76M | $381.61M | $111.94M | $118.01M | $164.61M | $299.51M | $278.10M | $128.75M |
| Total Liabilities & Equity | $3.16B | $2.85B | $2.69B | $2.71B | $2.71B | $938.96M | $395.12M | $360.01M | $383.63M | $519.77M | $536.74M | $296.48M |
| 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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $134.98M | $144.61M | $22.79M | $-159.18M | $-130.32M | $65.00K | $-53.43M | $-25.48M | $-61.82M | $-154.78M | $-18.05M | $422.00K | $-18.67M |
| Depreciation & Amortization | $97.09M | $53.67M | $58.51M | $240.82M | $216.05M | $146.89M | $49.25M | $32.13M | $35.34M | $36.23M | $42.76M | $31.01M | $12.52M |
| Stock-based Compensation | $138.62M | $76.65M | $76.52M | $72.62M | $64.12M | $40.73M | $28.49M | $18.82M | $16.28M | $20.50M | $28.69M | $30.58M | $23.85M |
| Deferred Income Tax | - | $-78.31M | $63.00K | $-2.28M | - | - | - | - | - | - | - | - | - |
| Change in Receivables | $58.14M | $103.76M | $26.02M | $220.10M | $46.33M | $254.37M | $103.84M | $10.71M | $40.69M | $-26.05M | $-25.30M | $72.46M | $38.02M |
| Operating Cash Flow | $259.82M | $236.17M | $235.20M | $214.37M | $192.55M | $126.59M | $-12.06M | $31.98M | $-22.69M | $21.54M | $60.12M | $76.86M | $6.64M |
| Capital Expenditure | $111.80M | $70.53M | $32.81M | $26.76M | $30.82M | $17.70M | $14.29M | $11.43M | $11.43M | $32.44M | $23.48M | $20.10M | $10.71M |
| Acquisitions | - | $8.10M | - | - | $20.75M | $661.87M | $-54.59M | $11.00M | - | $38.61M | $238.00K | $8.65M | $3.98M |
| Sales of Investments | - | - | - | - | - | - | - | $7.50M | $62.65M | $81.05M | $37.36M | $12.00M | - |
| Investing Cash Flow | $-143.22M | $-92.77M | $-47.50M | $-37.38M | $-65.15M | $-691.00M | $32.64M | $-23.39M | $27.95M | $-93.21M | $-37.38M | $-73.88M | $-23.12M |
| 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 | $7.35M | $-205.00K | $-1.28M | $-1.38M | $10.08M | $15.47M | $83.79M |
| Net Change in Cash | $-40.59M | $70.14M | $157.00M | $-283.00K | $95.81M | $112.96M | $28.84M | $8.44M | $3.81M | $-72.86M | $32.67M | $18.28M | $67.24M |
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.