$646.80M
Revenue
$39.06M
Net Income
26.18%
Gross Margin
7.65%
Op. Margin
$43.07M
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 | $646.80M | $646.80M | $518.78M | $516.35M | $496.78M | $490.35M | $568.21M | $553.33M | $546.53M | $485.74M | - |
| Revenue Growth % | 0.0% | 24.7% | 0.5% | 3.9% | 1.3% | -13.7% | 2.7% | 1.2% | 12.5% | nan% | - |
| Cost of Revenue | $477.49M | $477.49M | $374.50M | $397.06M | $403.04M | $404.44M | $486.82M | $481.46M | $487.10M | $420.12M | - |
| Gross Profit | $169.31M | $169.31M | $144.28M | $119.29M | $93.74M | $85.91M | $81.39M | $71.88M | $59.43M | $65.62M | - |
| Gross Margin % | 26.2% | 26.2% | 27.8% | 23.1% | 18.9% | 17.5% | 14.3% | 13.0% | 10.9% | 13.5% | - |
| Operating Expenses | $119.86M | $119.86M | $105.66M | $90.01M | $81.73M | $71.92M | $64.23M | $63.81M | $58.36M | $59.60M | - |
| Selling General & Admin | $109.52M | $109.52M | $97.20M | $87.40M | $77.88M | $71.44M | $63.60M | $63.17M | $57.09M | $56.02M | - |
| Operating Income | $49.45M | $49.45M | $38.62M | $29.28M | $12.01M | $13.99M | $17.16M | $8.07M | $1.07M | $6.02M | - |
| Operating Margin % | 7.6% | 7.6% | 7.4% | 5.7% | 2.4% | 2.9% | 3.0% | 1.5% | 0.2% | 1.2% | - |
| Interest Expense | $4.69M | $3.10M | $1.90M | $2.05M | $2.14M | $2.55M | $6.47M | $4.61M | $2.71M | - | - |
| Interest Income | - | $815.00K | $2.23M | $1.22M | - | - | - | - | - | - | - |
| Other Income/Expense | $-825.00K | $-825.00K | $1.34M | $-1.18M | $-2.40M | - | - | - | $-3.55M | $-2.15M | - |
| Income Before Tax | $48.63M | $48.63M | $39.97M | $28.10M | $9.61M | $9.48M | $6.99M | $-2.06M | $-2.48M | $3.86M | - |
| Income Tax Expense | $9.56M | $9.56M | $9.09M | $7.35M | $2.81M | $2.76M | $1.18M | $-282.00K | $-635.00K | $3.15M | - |
| Net Income | $39.06M | $39.06M | $30.88M | $20.75M | $6.80M | $6.71M | $5.81M | $-1.77M | $-1.84M | $712.00K | - |
| Net Margin % | 6.0% | 6.0% | 6.0% | 4.0% | 1.4% | 1.4% | 1.0% | -0.3% | -0.3% | 0.1% | - |
| Basic EPS | nan | 3.37 | 2.75 | 1.93 | 0.65 | 0.67 | 0.74 | -0.23 | -0.52 | -0.13 | - |
| Diluted EPS | nan | 3.23 | 2.57 | 1.76 | 0.64 | 0.66 | 0.72 | -0.23 | -0.52 | -0.13 | - |
| Basic Shares Outstanding | - | 11.6M | 11.2M | 10.8M | 10.4M | 10.0M | 7.9M | 7.7M | 7.6M | 7.5M | - |
| Diluted Shares Outstanding | - | 12.1M | 12.0M | 11.8M | 10.7M | 10.2M | 8.1M | 7.7M | 7.6M | 7.5M | - |
| 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 | $11.35M | $44.93M | $59.83M | $36.00M | $14.48M | $42.15M | $8.34M | $1.62M | $626.00K | $7.41M |
| Accounts Receivable | $133.21M | $119.66M | $97.75M | $124.44M | $89.33M | $85.77M | $105.07M | $135.69M | $129.34M | $113.97M |
| Other Current Assets | $4.96M | $8.13M | $7.64M | $3.87M | $5.00M | $4.28M | $4.66M | $34.86M | $3.16M | $1.72M |
| Total Current Assets | $195.05M | $220.33M | $217.00M | $225.99M | $192.91M | $199.42M | $195.38M | $204.99M | $166.26M | $155.18M |
| Property Plant & Equipment | - | - | - | - | - | - | - | $20.53M | $17.92M | $18.54M |
| Goodwill | $70.60M | $33.03M | $16.37M | $11.37M | $11.37M | $6.13M | $6.13M | $10.49M | $10.49M | $10.49M |
| Intangible Assets | $49.19M | $41.23M | $25.00M | $15.34M | $16.91M | $11.68M | $12.31M | $12.95M | $14.22M | $17.81M |
| Other Non-current Assets | $276.00K | $337.00K | $330.00K | $515.00K | $259.00K | $392.00K | $668.00K | $271.00K | $465.00K | $588.00K |
| Total Assets | $381.13M | $352.13M | $304.44M | $294.56M | $267.51M | $262.16M | $261.62M | $253.63M | $213.02M | $206.88M |
| Accounts Payable | $74.17M | $60.81M | $65.27M | $75.12M | $63.84M | $66.76M | $86.27M | $74.35M | $67.44M | $57.03M |
| Accrued Liabilities | $29.42M | $36.83M | - | - | - | - | - | - | - | - |
| Deferred Revenue | $20.94M | $44.52M | $42.16M | $44.01M | $26.71M | $46.65M | $42.37M | - | - | - |
| Other Current Liabilities | $621.00K | $485.00K | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $135.09M | $151.04M | $145.15M | $159.09M | $129.74M | $150.29M | $156.87M | $182.14M | $135.48M | $126.73M |
| Long-term Debt | $30.54M | $23.55M | $19.63M | $21.53M | $29.82M | $36.51M | $38.87M | $23.61M | $20.56M | $21.51M |
| Other Non-current Liabilities | $3.92M | $6.28M | $2.71M | $2.86M | $3.54M | $6.16M | $763.00K | $1.51M | $861.00K | $817.00K |
| Total Liabilities | $185.47M | $198.64M | $183.52M | $199.11M | $179.67M | $208.43M | $214.75M | $207.27M | $156.90M | $149.05M |
| Common Stock | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K |
| Retained Earnings | $100.33M | $61.26M | $30.39M | $9.63M | $2.83M | $-3.88M | $-9.69M | $-8.42M | $-6.58M | $-7.71M |
| Total Stockholders Equity | $195.66M | $153.49M | $120.92M | $95.44M | $87.84M | $53.73M | $46.87M | $46.37M | $48.16M | $47.45M |
| Total Liabilities & Equity | $381.13M | $352.13M | $304.44M | $294.56M | $267.51M | $262.16M | $261.62M | $253.63M | $213.02M | $206.88M |
| 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 | $39.06M | $39.06M | $30.88M | $20.75M | $6.80M | $6.71M | $5.81M | $-1.77M | $-1.84M | $712.00K | - |
| Depreciation & Amortization | $30.20M | $18.13M | $11.89M | $8.24M | $8.16M | $5.95M | $6.17M | $6.29M | $5.68M | $9.12M | - |
| Stock-based Compensation | $8.53M | $7.02M | $5.77M | $4.91M | $2.74M | $2.60M | $1.07M | $1.77M | $2.16M | $1.66M | - |
| Deferred Income Tax | $861.00K | $2.61M | $-352.00K | $-350.00K | $-499.00K | $1.76M | $-1.30M | $-609.00K | $-745.00K | $603.00K | - |
| Change in Receivables | $-19.82M | $-4.47M | $11.28M | $-32.61M | $35.41M | $-3.41M | $-19.20M | $-659.00K | $6.41M | $15.63M | - |
| Change in Payables | $-6.15M | $5.29M | $-10.30M | $-10.91M | $11.28M | $-5.58M | $-19.50M | $11.91M | $6.91M | - | - |
| Operating Cash Flow | $52.18M | $45.70M | $36.78M | $57.37M | $35.37M | $-24.23M | $39.81M | $-926.00K | $25.32M | $-4.07M | - |
| Capital Expenditure | $9.11M | $3.81M | $7.52M | $2.27M | $993.00K | $791.00K | $1.48M | $2.66M | $3.88M | $3.30M | - |
| Acquisitions | - | - | - | - | - | $18.98M | - | - | - | - | - |
| Investing Cash Flow | $-71.66M | $-67.59M | $-42.57M | $-17.09M | $-495.00K | $-19.30M | $-1.32M | $-2.49M | $-3.68M | $-3.23M | - |
| Debt Repayment | - | - | - | - | - | - | - | - | $2.26M | - | - |
| Stock Issued | - | - | - | - | - | $22.77M | - | - | - | - | $17.20M |
| Stock Repurchased | - | - | - | - | $2.00M | - | - | - | - | - | - |
| Financing Cash Flow | $-26.93M | $-11.70M | $-9.12M | $-16.49M | $-13.35M | $15.87M | $-4.69M | $10.14M | $-20.65M | $519.00K | - |
| Net Change in Cash | $-46.41M | $-33.59M | $-14.90M | $23.78M | $21.52M | $-27.67M | $33.80M | $6.72M | $993.00K | $-6.78M | - |
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 | $184.58M | - | $459.93M | - |
| Cost of Revenue | $139.90M | - | $338.70M | - |
| Gross Profit | $44.69M | - | $121.23M | - |
| Operating Expenses | $31.34M | - | $89.33M | - |
| Selling General & Admin | $28.33M | - | $81.48M | - |
| Operating Income | $13.35M | - | $31.90M | - |
| Interest Expense | $1.22M | - | $2.33M | - |
| Other Income/Expense | $-790.00K | - | $-588.00K | - |
| Income Before Tax | $12.55M | - | $31.31M | - |
| Income Tax Expense | $3.77M | - | $4.55M | - |
| Net Income | $8.79M | $5.96M | $26.76M | - |
| Basic EPS | 0.76 | - | 2.32 | - |
| Diluted EPS | 0.73 | - | 2.21 | - |
| Basic Shares Outstanding | $11.63M | - | $11.56M | - |
| Diluted Shares Outstanding | $12.11M | - | $12.09M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $9.82M | $44.93M |
| Accounts Receivable | $142.47M | $119.66M |
| Other Current Assets | $11.75M | $8.13M |
| Total Current Assets | $216.82M | $220.33M |
| Goodwill | $69.75M | $33.03M |
| Intangible Assets | $51.49M | $41.23M |
| Other Non-current Assets | $305.00K | $337.00K |
| Total Assets | $409.12M | $352.13M |
| Accounts Payable | $65.91M | $60.81M |
| Deferred Revenue | $37.27M | $44.52M |
| Total Current Liabilities | $151.23M | $151.04M |
| Long-term Debt | $56.27M | $23.55M |
| Other Non-current Liabilities | $3.11M | $6.28M |
| Total Liabilities | $227.56M | $198.64M |
| Common Stock | $1.00K | $1.00K |
| Retained Earnings | $88.03M | $61.26M |
| Total Stockholders Equity | $181.56M | $153.49M |
| Total Liabilities & Equity | $409.12M | $352.13M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $8.79M | $5.96M | $26.76M | - |
| Depreciation & Amortization | - | - | $13.06M | - |
| Stock-based Compensation | $1.90M | - | $5.22M | - |
| Deferred Income Tax | - | - | $1.47M | - |
| Change in Receivables | - | - | $4.74M | - |
| Change in Payables | - | - | $-2.97M | - |
| Operating Cash Flow | - | - | $17.57M | - |
| Capital Expenditure | - | - | $3.56M | - |
| Investing Cash Flow | - | - | $-67.91M | - |
| Financing Cash Flow | - | - | $15.22M | - |
| Net Change in Cash | - | - | $-35.11M | - |
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.