$830.54M
Revenue
$-843.00K
Net Income
40.26%
Gross Margin
1.41%
Op. Margin
$115.79M
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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $830.54M | $830.54M | $696.39M | $624.21M | $544.42M | $546.41M | $328.24M |
| Revenue Growth % | 0.0% | 19.3% | 11.6% | 14.7% | -0.4% | 66.5% | nan% |
| Cost of Revenue | $496.19M | $496.19M | $418.19M | $383.90M | $351.88M | $369.03M | $215.49M |
| Gross Profit | $334.35M | $334.35M | $278.20M | $240.31M | $192.53M | $177.38M | $112.75M |
| Gross Margin % | 40.3% | 40.3% | 39.9% | 38.5% | 35.4% | 32.5% | 34.3% |
| Selling General & Admin | $270.81M | $270.81M | $261.63M | $222.86M | $176.29M | $117.66M | $85.55M |
| Operating Income | $11.72M | $11.72M | $-36.72M | $-28.42M | $-28.01M | $-9.46M | $-23.01M |
| Operating Margin % | 1.4% | 1.4% | -5.3% | -4.6% | -5.1% | -1.7% | -7.0% |
| Interest Expense | $30.26M | $17.88M | $14.78M | $8.06M | $6.51M | $5.01M | $11.95M |
| Other Income/Expense | $19.06M | $19.06M | $-1.74M | $4.37M | $3.68M | $-2.55M | $-20.27M |
| Income Before Tax | $11.22M | $11.22M | $-54.32M | $-31.84M | $-29.57M | $-23.62M | $-57.10M |
| Income Tax Expense | $12.06M | $12.06M | $8.00M | $-980.00K | $2.25M | $1.71M | $851.00K |
| Net Income | $-843.00K | $-843.00K | $-62.31M | $-30.86M | $-31.82M | $-25.32M | $-57.95M |
| Net Margin % | -0.1% | -0.1% | -8.9% | -4.9% | -5.8% | -4.6% | -17.7% |
| Basic EPS | -0.15 | -0.14 | -2.22 | -1.57 | -1.62 | -1.56 | -6.48 |
| Diluted EPS | -0.23 | -0.14 | -2.22 | -1.57 | -1.62 | -1.56 | -6.48 |
| Basic Shares Outstanding | - | 35.1M | 33.1M | 30.1M | 29.7M | 26.7M | 16.5M |
| Diluted Shares Outstanding | - | 35.1M | 33.1M | 30.1M | 29.7M | 26.7M | 16.5M |
| 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $11.22M | $12.94M | $23.24M | $89.83M | $146.25M | $34.39M |
| Accounts Receivable | $155.38M | $158.88M | $112.36M | $94.71M | $98.51M | $54.10M |
| Other Current Assets | $14.96M | $14.09M | $13.67M | $10.29M | $7.96M | $6.71M |
| Total Current Assets | $240.39M | $238.00M | $200.92M | $247.93M | $293.86M | $134.27M |
| Property Plant & Equipment | $63.85M | $63.78M | $56.83M | $36.05M | $31.52M | $34.40M |
| Goodwill | $466.79M | $467.79M | $364.45M | $323.87M | $311.94M | $274.67M |
| Intangible Assets | $126.38M | $152.76M | $140.81M | $142.11M | $161.00M | $154.85M |
| Other Non-current Assets | $9.73M | $8.63M | $8.27M | $6.09M | $2.30M | $4.54M |
| Total Assets | $981.30M | $990.35M | $816.79M | $791.91M | $833.09M | $602.73M |
| Accounts Payable | $34.81M | $33.42M | - | - | - | - |
| Accrued Liabilities | $18.37M | $16.19M | - | - | - | - |
| Deferred Revenue | $15.00M | $9.30M | - | - | - | - |
| Other Current Liabilities | $3.60M | $4.79M | - | - | - | - |
| Total Current Liabilities | $168.00M | $158.66M | $126.29M | $111.44M | $147.69M | $111.54M |
| Long-term Debt | $277.06M | $204.82M | $148.99M | $152.49M | $161.82M | $170.32M |
| Deferred Tax Liabilities | $21.82M | $13.31M | $6.06M | $5.74M | $4.01M | $2.81M |
| Other Non-current Liabilities | $7.09M | $5.55M | $6.57M | $13.00K | $100.00K | $2.52M |
| Total Liabilities | $530.12M | $451.16M | $342.61M | $325.80M | $363.67M | $312.65M |
| Retained Earnings | $-273.51M | $-272.67M | $-210.36M | $-179.50M | $-147.68M | $-122.35M |
| Total Stockholders Equity | $451.18M | $446.26M | $321.25M | $313.19M | $316.50M | $137.15M |
| Total Liabilities & Equity | $981.30M | $990.35M | $816.79M | $791.91M | $833.09M | $602.73M |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $-20.20M | $-843.00K | $-62.31M | $-30.86M | $-31.82M | $-25.32M | $-57.95M |
| Depreciation & Amortization | $50.91M | $50.91M | $52.76M | $45.78M | $47.48M | $44.81M | $37.27M |
| Stock-based Compensation | $42.72M | $42.72M | $64.67M | $47.27M | $43.29M | $10.32M | $4.85M |
| Deferred Income Tax | $17.63M | $9.90M | $4.29M | $-980.00K | $2.25M | $1.71M | $851.00K |
| Change in Receivables | $27.09M | $10.07M | $41.98M | $2.92M | $-4.39M | $36.16M | $19.20M |
| Operating Cash Flow | $140.38M | $107.48M | $22.23M | $56.02M | $20.65M | $37.58M | $1.85M |
| Capital Expenditure | $24.59M | $16.32M | $21.33M | $29.58M | $10.00M | $6.99M | $7.76M |
| Acquisitions | - | - | $113.09M | $66.19M | $28.62M | $55.73M | $173.92M |
| Investing Cash Flow | $-27.48M | $-15.84M | $-138.04M | $-101.62M | $-38.69M | $-71.64M | $-179.74M |
| Stock Issued | - | - | $121.78M | - | - | - | $408.00K |
| Dividends Paid | $9.65M | $4.15M | $11.06M | $16.40M | $16.40M | $16.40M | $6.97M |
| Financing Cash Flow | $-98.42M | $-93.12M | $106.00M | $-20.11M | $-38.76M | $146.10M | $205.90M |
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 | $224.89M | - | $637.26M | - |
| Cost of Revenue | $136.28M | - | $377.49M | - |
| Selling General & Admin | $65.70M | - | $205.61M | - |
| Operating Income | $9.94M | - | $14.30M | - |
| Interest Expense | - | - | $13.24M | - |
| Other Income/Expense | $10.76M | - | $19.08M | - |
| Income Before Tax | $15.66M | - | $18.52M | - |
| Income Tax Expense | $7.28M | - | $11.14M | - |
| Net Income | $8.38M | $-10.17M | $7.38M | - |
| Basic EPS | 0.24 | - | 0.09 | - |
| Diluted EPS | 0.21 | - | 0.08 | - |
| Basic Shares Outstanding | $35.30M | - | $35.00M | - |
| Diluted Shares Outstanding | $39.94M | - | $39.55M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $6.74M | $12.94M |
| Accounts Receivable | $165.31M | $158.88M |
| Other Current Assets | $15.19M | $14.09M |
| Total Current Assets | $255.98M | $238.00M |
| Property Plant & Equipment | $62.95M | $63.78M |
| Goodwill | $469.02M | $467.79M |
| Intangible Assets | $132.85M | $152.76M |
| Other Non-current Assets | $5.54M | $8.63M |
| Total Assets | $985.68M | $990.35M |
| Total Current Liabilities | $154.35M | $158.66M |
| Long-term Debt | $302.42M | $204.82M |
| Deferred Tax Liabilities | $16.37M | $13.31M |
| Other Non-current Liabilities | $7.02M | $5.55M |
| Total Liabilities | $526.96M | $451.16M |
| Retained Earnings | $-265.30M | $-272.67M |
| Total Stockholders Equity | $458.72M | $446.26M |
| Total Liabilities & Equity | $985.68M | $990.35M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $8.38M | $-10.17M | $7.38M | - |
| Depreciation & Amortization | $12.96M | - | $39.02M | - |
| Stock-based Compensation | $9.22M | - | $33.78M | - |
| Deferred Income Tax | - | - | $-2.27M | - |
| Change in Receivables | - | - | $28.75M | - |
| Operating Cash Flow | - | - | $55.55M | - |
| Capital Expenditure | - | - | $10.93M | - |
| Investing Cash Flow | - | - | $-12.60M | - |
| Dividends Paid | - | - | $4.15M | - |
| Financing Cash Flow | - | - | $-49.24M | - |
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.