$1.39B
Revenue
$-242.47M
Net Income
68.04%
Gross Margin
14.36%
Op. Margin
$247.41M
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 | $1.39B | $1.39B | $1.25B | $1.15B | $1.02B | $1.04B | $934.24M | $1.08B | $1.11B | $1.01B | $964.86M |
| Revenue Growth % | 0.0% | 10.7% | 8.7% | 12.9% | -1.3% | 10.8% | -13.8% | -2.1% | 9.4% | 4.9% | nan% |
| Cost of Revenue | $443.66M | $448.18M | $382.56M | $382.30M | $314.58M | $329.37M | $308.06M | $323.52M | $361.81M | $353.40M | $471.99M |
| Gross Profit | $944.39M | $939.87M | $870.87M | $771.25M | $707.23M | $705.99M | $594.76M | $723.80M | - | $651.62M | $704.40M |
| Gross Margin % | 68.0% | 67.7% | 69.5% | 66.9% | 69.2% | 68.2% | 63.7% | 66.8% | nan% | 64.4% | 73.0% |
| Operating Expenses | - | - | - | - | - | - | - | - | - | $555.95M | $732.03M |
| Research & Development | $185.76M | $185.76M | $182.51M | $193.82M | $155.81M | $183.41M | $152.90M | $149.89M | $146.02M | $109.66M | $122.45M |
| Selling General & Admin | $553.33M | $548.81M | $526.26M | $518.13M | $469.24M | $471.90M | $427.77M | $506.54M | $464.97M | $380.56M | $469.23M |
| Operating Income | $199.39M | $199.39M | $129.05M | $-68.50M | $-76.75M | $-784.00K | $-269.86M | $-168.87M | $-248.07M | $95.67M | $-27.62M |
| Operating Margin % | 14.4% | 14.4% | 10.3% | -5.9% | -7.5% | -0.1% | -28.9% | -15.6% | -22.4% | 9.5% | -2.9% |
| Interest Expense | $31.07M | $31.07M | $38.89M | $58.85M | $48.25M | $50.15M | $40.84M | $15.09M | $9.82M | $7.80M | $10.62M |
| Interest Income | - | $18.98M | $30.07M | $22.01M | - | $435.00K | $131.00K | $803.00K | $847.00K | $1.32M | $1.70M |
| Other Income/Expense | - | $664.00K | $1.10M | $609.00K | - | - | - | - | - | - | - |
| Income Before Tax | $-220.78M | $-220.78M | $88.31M | $-81.23M | $-75.14M | $-124.47M | $-343.99M | $-185.69M | $-247.45M | $121.14M | $-33.05M |
| Income Tax Expense | $21.64M | $21.64M | $25.06M | $-98.88M | $11.05M | $11.20M | $-736.00K | $-30.15M | $-69.63M | $49.95M | $7.13M |
| Net Income | $-242.47M | $-242.47M | $63.23M | $17.55M | $-86.25M | $-135.82M | $-345.01M | $-155.18M | $-189.40M | $-25.09M | $-62.79M |
| Net Margin % | -17.5% | -17.5% | 5.0% | 1.5% | -8.4% | -13.1% | -36.9% | -14.3% | -17.1% | -2.5% | -6.5% |
| Basic EPS | -4.46 | -4.45 | 1.17 | 0.33 | -1.61 | -2.68 | -7.10 | -3.21 | -3.91 | -0.52 | -1.29 |
| Diluted EPS | -4.46 | -4.45 | 1.16 | 0.32 | -1.61 | -2.68 | -7.10 | -3.21 | -3.91 | -0.52 | -1.29 |
| Basic Shares Outstanding | - | 54.5M | 54.2M | 53.9M | 53.5M | 50.6M | 48.6M | 48.3M | 48.5M | 48.2M | 48.9M |
| Diluted Shares Outstanding | - | 54.5M | 54.6M | 54.2M | 53.5M | 50.6M | 48.6M | 48.3M | 48.5M | 48.5M | 48.9M |
| 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 | $635.55M | $428.86M | $266.50M | $214.17M | $207.99M | $252.83M | $61.14M | $47.20M | $93.61M | $39.79M |
| Accounts Receivable | $215.99M | $193.16M | $215.07M | $183.11M | $185.35M | $184.36M | $257.77M | $256.13M | $282.14M | $275.73M |
| Inventory | $164.70M | $147.57M | $147.89M | $129.38M | $105.84M | $126.67M | $164.15M | $153.53M | $144.47M | $183.49M |
| Other Current Assets | $36.77M | $32.36M | $27.18M | $24.99M | $35.74M | $24.79M | $28.60M | $29.57M | $39.04M | $60.45M |
| Total Current Assets | $1.10B | $1.13B | $988.16M | $886.14M | $679.18M | $719.43M | $549.44M | $533.30M | $869.86M | $620.07M |
| Property Plant & Equipment | $242.60M | $170.26M | $154.18M | $147.19M | $150.07M | $163.81M | $181.35M | $191.40M | $192.36M | $223.84M |
| Goodwill | $792.84M | $750.01M | $782.94M | $768.79M | $899.52M | $922.32M | $915.79M | $956.82M | $784.24M | $691.71M |
| Intangible Assets | $229.96M | $237.29M | $261.18M | $368.56M | $399.68M | $437.64M | $607.55M | $770.44M | - | $609.20M |
| Long-term Investments | $20.29M | $25.08M | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $15.69M | $14.13M | $12.06M | $16.23M | $13.10M | $11.25M | $7.36M | $4.78M | $75.98M | $130.70M |
| Total Assets | $2.61B | $2.51B | $2.43B | $2.29B | $2.20B | $2.41B | $2.41B | $2.55B | $2.50B | $2.34B |
| Accounts Payable | $97.16M | $69.73M | $80.84M | $74.31M | $68.00M | $73.67M | $85.89M | $76.73M | $85.92M | $92.95M |
| Short-term Debt | $31.47M | $78.00M | $18.11M | $23.43M | $229.67M | $13.34M | $77.40M | $28.79M | $84.03M | $47.65M |
| Accrued Liabilities | $94.57M | $118.48M | $107.30M | $75.59M | $88.94M | $95.41M | $120.10M | $124.28M | $78.94M | $75.57M |
| Deferred Revenue | $11.51M | $10.85M | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $808.07M | $392.12M | $334.98M | $297.40M | $696.97M | $309.05M | $512.55M | $496.75M | $406.02M | $316.81M |
| Long-term Debt | $376.10M | $627.00M | $568.54M | $518.07M | $9.85M | $642.30M | $260.33M | $139.54M | $61.96M | $75.22M |
| Deferred Tax Liabilities | $9.59M | $10.91M | $11.57M | $8.52M | $7.73M | $8.91M | $32.22M | $68.19M | $123.34M | $152.53M |
| Other Non-current Liabilities | $55.37M | $44.48M | $47.73M | $45.85M | $49.91M | $49.74M | $15.38M | $22.64M | $69.08M | $39.49M |
| Total Liabilities | $1.41B | $1.19B | $1.15B | $1.09B | $906.31M | $1.29B | $1.03B | $1.05B | $688.58M | $635.72M |
| Common Stock | $84.56M | $83.16M | $82.53M | $82.42M | $82.30M | $76.30M | $76.26M | $76.14M | $74.75M | $74.58M |
| Retained Earnings | $-1.15B | $-903.25M | $-966.48M | $-984.03M | $-897.78M | $-752.40M | $-406.75M | $-251.58M | $-39.66M | $-14.57M |
| Treasury Stock | - | $136.00K | $55.00K | $375.00K | $650.00K | $1.03M | $1.26M | $1.46M | $133.00K | $4.50M |
| Total Stockholders Equity | $1.20B | $1.32B | $1.28B | $1.21B | $1.29B | $1.12B | $1.38B | $1.50B | $1.82B | $1.71B |
| Total Liabilities & Equity | $2.61B | $2.51B | $2.43B | $2.29B | $2.20B | $2.41B | $2.41B | $2.55B | $2.50B | $2.34B |
| 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 | $-242.47M | $-242.47M | $63.23M | $17.55M | $-86.25M | $-135.82M | $-345.01M | $-155.18M | $-189.40M | $-25.09M | $-62.79M |
| Stock-based Compensation | $61.03M | $36.29M | $33.93M | $36.35M | $44.81M | $40.56M | $35.09M | $32.55M | $26.92M | $19.06M | $19.57M |
| Deferred Income Tax | $5.46M | $455.00K | $6.79M | $-114.43M | $1.41M | $2.85M | $37.29M | $-26.28M | $-95.05M | $-9.27M | $-26.71M |
| Change in Receivables | $28.27M | $10.71M | $-11.06M | $28.86M | $4.81M | $15.74M | $-58.80M | $5.32M | $-21.18M | $48.93M | $16.45M |
| Change in Inventory | $13.82M | $5.29M | $6.76M | $28.48M | $25.68M | $-4.48M | $-1.40M | $10.61M | $10.65M | $-7.19M | $-26.70M |
| Operating Cash Flow | $365.19M | $254.34M | $183.04M | $74.91M | $69.92M | $102.54M | $-79.42M | $-91.14M | $120.49M | $91.34M | $90.15M |
| Capital Expenditure | $117.78M | $81.05M | $47.11M | $34.98M | $26.52M | $25.48M | $35.02M | $24.69M | $38.00M | $34.11M | $36.48M |
| Acquisitions | - | - | - | - | $8.86M | $1.69M | $1.72M | $10.75M | $279.69M | $14.19M | - |
| Purchases of Investments | - | $5.67M | $1.14M | $6.50M | $2.95M | $3.65M | - | - | - | - | - |
| Investing Cash Flow | $-103.14M | $-72.91M | $-48.16M | $-40.33M | $-38.41M | $36.90M | $-41.84M | $-41.29M | $-120.56M | $-52.85M | $-38.25M |
| Debt Repayment | $495.55M | $280.93M | $247.55M | $21.62M | $223.54M | $452.26M | $482.06M | $24.21M | $23.83M | $22.75M | $21.11M |
| Stock Issued | - | - | - | - | - | $322.56M | - | - | - | - | - |
| Stock Repurchased | - | - | - | - | - | - | - | - | $50.00M | - | $54.49M |
| Financing Cash Flow | $-503.48M | $-285.66M | $18.55M | $21.48M | $280.13M | $-181.48M | $310.76M | $146.58M | $-42.35M | $11.29M | $-124.31M |
| Net Change in Cash | $-203.04M | $-88.00M | $145.68M | $62.25M | $307.63M | $-44.84M | $191.69M | $13.93M | $-46.41M | $53.83M | $-72.82M |
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 | $357.75M | - | $1.03B | - |
| Cost of Revenue | $112.90M | $91.70M | $327.04M | - |
| Gross Profit | $244.85M | $203.21M | $700.10M | - |
| Research & Development | $48.58M | - | $133.64M | - |
| Selling General & Admin | $138.52M | $125.68M | $405.45M | - |
| Operating Income | $54.01M | - | $156.81M | - |
| Interest Expense | $10.86M | - | $38.43M | - |
| Other Income/Expense | $-7.49M | - | $-332.00K | - |
| Income Before Tax | $33.91M | - | $-248.41M | - |
| Income Tax Expense | $7.11M | - | $24.92M | - |
| Net Income | $26.78M | - | $-273.38M | - |
| Basic EPS | 0.49 | - | -5.01 | - |
| Diluted EPS | 0.49 | - | -5.01 | - |
| Basic Shares Outstanding | $54.63M | - | $54.53M | - |
| Diluted Shares Outstanding | $55.15M | - | $54.53M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $646.08M | $428.86M |
| Accounts Receivable | $211.58M | $193.16M |
| Inventory | $167.54M | $147.57M |
| Other Current Assets | $44.42M | $32.36M |
| Total Current Assets | $1.10B | $1.13B |
| Property Plant & Equipment | $218.51M | $170.26M |
| Goodwill | $791.03M | $750.01M |
| Intangible Assets | $234.53M | $237.29M |
| Other Non-current Assets | $14.80M | $14.13M |
| Total Assets | $2.56B | $2.51B |
| Accounts Payable | $88.16M | $69.73M |
| Short-term Debt | $85.44M | $78.00M |
| Accrued Liabilities | $92.23M | $118.48M |
| Total Current Liabilities | $827.59M | $392.12M |
| Long-term Debt | $349.03M | $549.62M |
| Deferred Tax Liabilities | $10.10M | $10.91M |
| Other Non-current Liabilities | $51.86M | $44.48M |
| Total Liabilities | $1.40B | $1.19B |
| Common Stock | $84.52M | $83.16M |
| Retained Earnings | $-1.18B | $-903.25M |
| Total Stockholders Equity | $1.16B | $1.32B |
| Total Liabilities & Equity | $2.56B | $2.51B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $26.78M | - | $-273.38M | - |
| Stock-based Compensation | - | - | $26.90M | - |
| Deferred Income Tax | - | - | $4.07M | - |
| Change in Receivables | - | - | $5.83M | - |
| Change in Inventory | - | - | $8.10M | - |
| Operating Cash Flow | - | - | $171.94M | - |
| Capital Expenditure | - | - | $48.82M | - |
| Investing Cash Flow | - | - | $-42.65M | - |
| Debt Repayment | - | - | $216.81M | - |
| Financing Cash Flow | - | - | $-222.78M | - |
| Net Change in Cash | - | - | $-77.48M | - |
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.