$787.78M
Revenue
$115.42M
Net Income
77.82%
Gross Margin
16.41%
Op. Margin
$381.59M
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 | $198.41M | $201.73M | $194.94M | $192.71M | $191.48M | $193.78M | $193.13M | $190.94M | $183.93M | $175.73M | $168.61M | $160.86M | $161.44M | $158.64M |
| Revenue Growth % (YoY) | 3.6% | 4.1% | 0.9% | 0.9% | 4.1% | 10.3% | 14.5% | 18.7% | 13.9% | 10.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $43.67M | $45.84M | $43.43M | $41.81M | $42.64M | $43.41M | $43.85M | $44.19M | $45.87M | $43.27M | $40.88M | $40.43M | $41.16M | $40.47M |
| Gross Profit | $154.74M | $155.89M | $151.51M | $150.90M | $148.84M | $150.37M | $149.28M | $146.74M | $138.07M | $132.46M | $127.73M | $120.43M | $120.28M | $118.17M |
| Gross Margin % | 78.0% | 77.3% | 77.7% | 78.3% | 77.7% | 77.6% | 77.3% | 76.9% | 75.1% | 75.4% | 75.8% | 74.9% | 74.5% | 74.5% |
| Operating Expenses | $126.44M | $126.13M | $118.94M | $112.21M | $135.26M | $129.57M | $131.50M | $133.69M | $129.64M | $120.99M | $133.84M | $145.47M | $140.76M | $143.61M |
| Research & Development | $47.05M | $47.49M | $44.84M | $46.15M | $53.49M | $50.41M | $52.47M | $52.92M | $46.22M | $43.42M | $43.25M | $44.48M | $41.66M | $38.90M |
| Operating Income | $28.29M | $29.76M | $32.56M | $38.69M | $13.58M | $20.79M | $17.78M | $13.05M | $8.43M | $11.47M | $-6.12M | $-25.04M | $-20.48M | $-25.44M |
| Operating Margin % | 14.3% | 14.8% | 16.7% | 20.1% | 7.1% | 10.7% | 9.2% | 6.8% | 4.6% | 6.5% | -3.6% | -15.6% | -12.7% | -16.0% |
| Interest Expense | $328.00K | $899.00K | $451.00K | $451.00K | - | $920.00K | $463.00K | $458.00K | $7.00K | $711.00K | $713.00K | $1.10M | $1.12M | $1.12M |
| Other Income/Expense | $5.76M | $5.92M | $5.88M | $6.32M | $4.79M | $8.09M | $5.62M | $6.72M | $4.86M | $6.48M | $4.70M | $44.10M | $5.54M | $1.77M |
| Income Before Tax | $34.05M | $35.67M | $38.44M | $45.01M | $18.37M | $28.88M | $23.40M | $19.77M | $15.82M | $17.23M | $-2.13M | $17.96M | $-16.06M | $-24.79M |
| Income Tax Expense | $18.42M | $6.34M | $5.72M | $7.28M | $-128.79M | $1.13M | $1.18M | $1.33M | $-1.56M | $895.00K | $1.86M | $795.00K | $440.00K | $40.00K |
| Net Income | $15.63M | $29.34M | $32.73M | $37.73M | $147.17M | $27.76M | $22.22M | $18.44M | $17.37M | $16.34M | $-3.99M | $17.17M | $-16.50M | $-24.83M |
| Net Margin % | 7.9% | 14.5% | 16.8% | 19.6% | 76.9% | 14.3% | 11.5% | 9.7% | 9.4% | 9.3% | -2.4% | 10.7% | -10.2% | -15.6% |
| Basic EPS | 0.12 | 0.22 | 0.25 | 0.28 | 1.10 | 0.21 | 0.17 | 0.14 | 0.13 | 0.12 | -0.03 | 0.13 | -0.13 | -0.19 |
| Diluted EPS | 0.12 | 0.21 | 0.24 | 0.27 | 1.02 | 0.20 | 0.17 | 0.13 | 0.12 | 0.12 | -0.03 | -0.15 | -0.13 | -0.19 |
| Basic Shares Outstanding | - | 132.0M | 132.2M | 135.2M | 217K | 132.6M | 131.4M | 136.4M | 622K | 135.4M | 134.1M | 132.8M | 435K | 130.8M |
| Diluted Shares Outstanding | - | 139.7M | 140.2M | 142.8M | 2.6M | 139.3M | 138.3M | 143.7M | 2.1M | 137.3M | 134.1M | 136.0M | 435K | 130.8M |
| 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 | $294.36M | $260.84M | $291.07M | $304.45M | $305.76M | $288.46M | $182.80M | $24.67M | $79.64M | $146.83M | $154.11M | $101.98M | $129.38M | $156.42M |
| Short-term Investments | $378.43M | $382.26M | $343.51M | $317.62M | $316.34M | $312.72M | $314.94M | $465.94M | $470.46M | $408.42M | $362.56M | $407.64M | $557.23M | $519.38M |
| Accounts Receivable | $76.24M | $76.43M | $71.23M | $77.92M | $75.49M | $69.45M | $116.52M | $114.40M | $103.06M | $60.26M | $66.31M | $59.29M | $64.89M | $67.07M |
| Other Current Assets | $21.06M | $18.05M | $21.14M | $22.09M | $17.73M | $19.36M | $22.74M | $20.07M | $17.82M | $16.54M | $19.40M | $19.48M | $17.95M | $16.86M |
| Total Current Assets | $950.83M | $948.95M | $938.98M | $938.01M | $911.05M | $904.29M | $855.66M | $848.02M | $883.37M | $810.01M | $780.03M | $767.82M | $930.91M | $929.70M |
| Property Plant & Equipment | $44.42M | $40.37M | $38.11M | $34.93M | $30.06M | $29.88M | $28.15M | $27.13M | $27.14M | $26.66M | $24.87M | $23.10M | $22.06M | $21.49M |
| Goodwill | $149.19M | $150.47M | $141.47M | $121.06M | $121.06M | $118.22M | $118.22M | $118.22M | $118.22M | $118.22M | $118.22M | $118.22M | $118.22M | $118.22M |
| Intangible Assets | $37.16M | $39.66M | $9.53M | $11.17M | $12.99M | $1.86M | $2.26M | $2.66M | $3.05M | - | - | - | - | - |
| Other Non-current Assets | $1.47M | $1.50M | $1.54M | $1.58M | $1.92M | $1.97M | $1.65M | $1.31M | $1.43M | $1.38M | $1.47M | $2.12M | $1.45M | $1.43M |
| Total Assets | $1.30B | $1.31B | $1.26B | $1.24B | $1.21B | $1.06B | $1.01B | $1.00B | $1.04B | $961.44M | $930.57M | $918.07M | $1.08B | $1.08B |
| Accounts Payable | $7.86M | $8.51M | $1.03M | $4.12M | $6.13M | $5.60M | $5.86M | $5.92M | $5.06M | $1.75M | $4.18M | $4.25M | $7.55M | $5.35M |
| Deferred Revenue | $7.76M | $7.94M | $7.80M | $7.50M | $7.27M | $8.78M | $10.77M | $13.96M | $17.36M | $21.24M | $24.08M | $25.56M | $25.07M | $24.91M |
| Total Current Liabilities | $650.17M | $660.48M | $279.62M | $274.70M | $268.43M | $284.44M | $285.10M | $289.49M | $293.00M | $253.06M | $254.73M | $256.82M | $247.69M | $252.01M |
| Long-term Debt | $359.77M | - | $358.85M | $358.39M | $357.93M | $357.47M | $357.01M | $356.55M | $356.09M | $355.63M | $355.17M | $354.70M | $564.26M | $563.52M |
| Other Non-current Liabilities | $9.39M | $12.48M | $4.24M | $2.25M | $308.00K | $361.00K | $528.00K | $596.00K | $1.29M | $2.88M | $5.54M | $7.87M | $8.24M | $8.49M |
| Total Liabilities | $669.26M | $683.08M | $653.06M | $645.72M | $636.24M | $651.49M | $647.47M | $651.94M | $656.47M | $618.50M | $623.65M | $629.11M | $831.37M | $836.64M |
| Common Stock | $13.00K | $13.00K | $13.00K | $13.00K | $14.00K | $13.00K | $13.00K | $13.00K | $14.00K | $14.00K | $13.00K | $13.00K | $13.00K | $13.00K |
| Retained Earnings | $36.95M | $21.32M | $-8.02M | $-40.75M | $-78.48M | $-225.64M | $-253.40M | $-275.62M | $-294.06M | $-311.44M | $-327.77M | $-323.78M | $-340.95M | $-324.45M |
| Total Stockholders Equity | $630.32M | $628.13M | $608.65M | $594.34M | $575.38M | $411.17M | $361.10M | $348.88M | $381.07M | $342.94M | $306.92M | $288.96M | $248.88M | $242.58M |
| Total Liabilities & Equity | $1.30B | $1.31B | $1.26B | $1.24B | $1.21B | $1.06B | $1.01B | $1.00B | $1.04B | $961.44M | $930.57M | $918.07M | $1.08B | $1.08B |
| 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 | $15.63M | $29.34M | $70.46M | $37.73M | $147.17M | $68.42M | $40.66M | $18.44M | $17.37M | $29.51M | $-3.99M | $17.17M | $-16.50M | $-24.83M |
| Depreciation & Amortization | $7.02M | $18.69M | $10.74M | $4.86M | $4.37M | - | - | - | - | - | - | - | - | - |
| Stock-based Compensation | $17.35M | $48.04M | $28.25M | $12.27M | $13.63M | $54.76M | $36.18M | $16.94M | $18.05M | $56.15M | $38.34M | $19.90M | $19.38M | $56.12M |
| Deferred Income Tax | $18.89M | $-399.00K | $2.06M | - | $-129.26M | - | - | - | - | - | - | - | - | - |
| Change in Receivables | $1.63M | $1.65M | $-360.00K | $3.54M | $34.66M | $-29.86M | $16.16M | $12.39M | $45.02M | $2.64M | $6.96M | $-1.99M | $2.47M | $17.76M |
| Change in Payables | $-656.00K | $-504.00K | $-5.08M | $-1.99M | $428.00K | $541.00K | $701.00K | $782.00K | $3.29M | $-5.80M | $-3.37M | $-3.38M | $2.30M | $278.00K |
| Operating Cash Flow | $63.70M | $184.56M | $109.48M | $36.97M | $8.49M | $145.07M | $42.95M | $5.66M | $-5.34M | $32.56M | $-4.39M | $-8.70M | $8.46M | $-1.90M |
| Capital Expenditure | $455.00K | $5.33M | $4.85M | $2.47M | $1.55M | $1.98M | $775.00K | $177.00K | $134.00K | $558.00K | $135.00K | $158.00K | $355.00K | $893.00K |
| Acquisitions | $-1.44M | $59.85M | $20.41M | - | $14.33M | - | - | - | - | - | - | - | - | - |
| Purchases of Investments | - | - | - | - | - | - | - | - | - | - | - | - | $183.63M | $398.26M |
| Sales of Investments | $117.71M | $302.73M | $232.41M | $51.38M | $121.62M | $365.27M | $321.85M | $131.77M | $197.75M | $451.05M | $307.41M | $167.42M | $149.27M | - |
| Investing Cash Flow | $1.23M | $-138.17M | $-56.67M | $-5.22M | $-21.04M | $158.61M | $156.53M | $6.14M | $-63.44M | $151.71M | $196.94M | $152.14M | $-37.03M | $-32.43M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Stock Repurchased | $34.04M | $101.92M | $70.92M | $33.05M | - | $100.00M | $100.00M | $66.88M | - | - | - | - | - | - |
| Financing Cash Flow | $-62.03M | $-75.97M | $-51.50M | $-13.14M | $11.28M | $-93.23M | $-90.04M | $-56.22M | $36.01M | $-150.31M | $-151.63M | $-152.03M | $-6.87M | $12.95M |
| Net Change in Cash | $2.90M | $-29.58M | $1.31M | $18.60M | $-1.27M | $210.45M | $109.43M | $-44.42M | $-32.77M | $33.96M | $40.92M | $-8.60M | $-35.45M | $-21.38M |
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 | $201.73M | $193.78M | $589.38M | $577.84M |
| Cost of Revenue | $45.84M | $43.41M | $131.08M | $131.45M |
| Gross Profit | $155.89M | $150.37M | $458.29M | $446.39M |
| Operating Expenses | $126.13M | $129.57M | $357.28M | $394.77M |
| Research & Development | $47.49M | $50.41M | $138.49M | $155.79M |
| Operating Income | $29.76M | $20.79M | $101.01M | $51.62M |
| Interest Expense | - | - | $899.00K | $920.00K |
| Other Income/Expense | $5.92M | $8.09M | $18.11M | $20.43M |
| Income Before Tax | $35.67M | $28.88M | $119.12M | $72.06M |
| Income Tax Expense | $6.34M | $1.13M | $19.33M | $3.64M |
| Net Income | $29.34M | $27.76M | $99.79M | $68.42M |
| Basic EPS | 0.22 | 0.21 | 0.75 | 0.51 |
| Diluted EPS | 0.21 | 0.20 | 0.72 | 0.50 |
| Basic Shares Outstanding | $131.99M | $132.60M | $133.11M | $133.40M |
| Diluted Shares Outstanding | $139.67M | $139.29M | $140.91M | $140.55M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $260.84M | $305.76M |
| Short-term Investments | $382.26M | $316.34M |
| Accounts Receivable | $76.43M | $75.49M |
| Other Current Assets | $18.05M | $17.73M |
| Total Current Assets | $948.95M | $911.05M |
| Property Plant & Equipment | $40.37M | $30.06M |
| Goodwill | $150.47M | $121.06M |
| Intangible Assets | $39.66M | $12.99M |
| Other Non-current Assets | $1.50M | $1.92M |
| Total Assets | $1.31B | $1.21B |
| Accounts Payable | $8.51M | $6.13M |
| Deferred Revenue | $7.94M | $7.27M |
| Total Current Liabilities | $660.48M | $268.43M |
| Long-term Debt | - | $357.93M |
| Other Non-current Liabilities | $12.48M | $308.00K |
| Total Liabilities | $683.08M | $636.24M |
| Common Stock | $13.00K | $14.00K |
| Retained Earnings | $21.32M | $-78.48M |
| Total Stockholders Equity | $628.13M | $575.38M |
| Total Liabilities & Equity | $1.31B | $1.21B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $29.34M | $27.76M | $99.79M | $68.42M |
| Depreciation & Amortization | - | - | $18.69M | $10.44M |
| Stock-based Compensation | - | - | $48.04M | $54.76M |
| Deferred Income Tax | - | - | $-399.00K | - |
| Change in Receivables | - | - | $1.65M | $236.00K |
| Change in Payables | - | - | $-504.00K | $541.00K |
| Operating Cash Flow | - | - | $184.56M | $114.98M |
| Capital Expenditure | - | - | $5.33M | $1.98M |
| Acquisitions | - | - | $59.85M | - |
| Sales of Investments | - | - | $302.73M | $365.27M |
| Investing Cash Flow | - | - | $-138.17M | $158.61M |
| Stock Repurchased | - | - | $101.92M | $100.00M |
| Financing Cash Flow | - | - | $-75.97M | $-63.14M |
| Net Change in Cash | - | - | $-29.58M | $210.45M |
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.