$974.60M
Revenue
$-33.51M
Net Income
77.93%
Gross Margin
-0.52%
Op. Margin
$450.57M
Free Cash Flow
| Breakdown | 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) |
|---|---|---|---|---|---|---|
| Total Revenue | $252.44M | $247.29M | $239.14M | $235.73M | $227.09M | $221.24M |
| Revenue Growth % (YoY) | 11.2% | 11.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $56.75M | $54.43M | $52.46M | $51.44M | $50.50M | $48.80M |
| Gross Profit | $195.69M | $192.86M | $186.68M | $184.29M | $176.59M | $172.44M |
| Gross Margin % | 77.5% | 78.0% | 78.1% | 78.2% | 77.8% | 77.9% |
| Operating Expenses | $188.55M | $200.31M | $204.39M | $171.32M | $178.67M | $181.26M |
| Research & Development | $56.27M | $59.24M | $53.22M | $44.73M | $48.02M | $45.15M |
| Operating Income | $7.14M | $-7.45M | $-17.71M | $12.97M | $-2.08M | $-8.82M |
| Operating Margin % | 2.8% | -3.0% | -7.4% | 5.5% | -0.9% | -4.0% |
| Interest Expense | $20.29M | $13.43M | $6.57M | $7.47M | $23.50M | $15.45M |
| Other Income/Expense | $-703.00K | $25.00K | $474.00K | $-2.58M | $359.00K | $93.00K |
| Income Tax Expense | $550.00K | $4.22M | $3.61M | $6.68M | $5.33M | $3.75M |
| Net Income | $2.26M | $-14.71M | $-22.93M | $1.87M | $-9.21M | $-14.57M |
| Net Margin % | 0.9% | -5.9% | -9.6% | 0.8% | -4.1% | -6.6% |
| Basic EPS | 0.02 | -0.12 | -0.19 | 0.01 | -0.08 | -0.12 |
| Diluted EPS | 0.02 | -0.12 | -0.19 | 0.01 | -0.08 | -0.12 |
| Basic Shares Outstanding | 120.5M | 121.0M | 120.1M | 323K | 119.2M | 118.7M |
| Diluted Shares Outstanding | 122.0M | 121.0M | 120.1M | 323K | 119.2M | 118.7M |
| Breakdown | 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $171.85M | $175.03M | $233.44M | $328.65M | $312.21M | $233.47M |
| Short-term Investments | $211.72M | $211.49M | $226.84M | $248.55M | $236.24M | $253.54M |
| Accounts Receivable | $200.99M | $181.11M | $167.79M | $258.73M | $192.65M | $179.61M |
| Other Current Assets | $44.19M | $54.08M | $67.11M | $53.03M | $52.58M | $58.89M |
| Total Current Assets | $679.33M | $672.49M | $746.42M | $940.75M | $843.53M | $774.89M |
| Goodwill | $697.89M | $697.77M | $656.48M | $541.29M | $541.29M | $541.29M |
| Intangible Assets | $122.08M | $128.86M | $128.60M | $94.46M | $99.47M | $104.49M |
| Other Non-current Assets | $12.85M | $13.72M | $14.20M | $13.30M | $13.81M | $14.78M |
| Total Assets | $1.65B | $1.66B | $1.69B | $1.74B | $1.63B | $1.58B |
| Deferred Revenue | $639.61M | $624.55M | $633.22M | $650.37M | $583.94M | $562.59M |
| Other Current Liabilities | $3.85M | $7.18M | $6.35M | $5.15M | $6.21M | $5.83M |
| Total Current Liabilities | $720.31M | $713.27M | $714.99M | $738.09M | $657.12M | $638.24M |
| Other Non-current Liabilities | $10.17M | $9.85M | $9.59M | $8.33M | $8.20M | $8.05M |
| Total Liabilities | $1.31B | $1.31B | $1.31B | $1.34B | $1.23B | $1.21B |
| Common Stock | $1.28M | $1.27M | $1.25M | $1.22M | $1.21M | $1.21M |
| Retained Earnings | $-896.72M | $-898.98M | $-884.27M | $-861.34M | $-863.20M | $-853.99M |
| Total Stockholders Equity | $344.38M | $350.70M | $383.16M | $399.95M | $404.56M | $363.56M |
| Total Liabilities & Equity | $1.65B | $1.66B | $1.69B | $1.74B | $1.63B | $1.58B |
| Breakdown | 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) |
|---|---|---|---|---|---|---|
| Net Income | $2.26M | $-37.64M | $-22.93M | $1.87M | $-9.21M | $-28.96M |
| Depreciation & Amortization | $31.82M | $20.68M | $9.85M | $8.78M | $24.43M | $15.86M |
| Stock-based Compensation | $147.31M | $102.43M | $55.90M | $40.71M | $122.80M | $81.12M |
| Change in Receivables | $-59.73M | $-79.77M | $-92.97M | $65.64M | $-26.91M | $-40.46M |
| Operating Cash Flow | $183.72M | $129.87M | $87.41M | $81.12M | $136.36M | $81.75M |
| Capital Expenditure | $11.77M | $10.90M | $6.55M | $2.32M | $1.92M | $1.19M |
| Acquisitions | $196.18M | $196.18M | $148.51M | - | $29.16M | $29.16M |
| Investing Cash Flow | $-170.29M | $-168.77M | $-132.12M | $-14.33M | $-27.10M | $-44.48M |
| Debt Repayment | $2.81M | $1.88M | $938.00K | $937.00K | $2.81M | $1.88M |
| Stock Repurchased | $184.97M | $125.00M | $60.00M | $49.99M | $49.99M | $49.99M |
| Financing Cash Flow | $-171.21M | $-116.30M | $-50.89M | $-47.66M | $-31.74M | $-37.85M |
| Net Change in Cash | $-156.79M | $-153.62M | $-95.21M | $16.44M | $75.08M | $-3.67M |
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 | $252.44M | $227.09M | $738.87M | $664.29M |
| Cost of Revenue | $56.75M | $50.50M | $163.65M | $148.23M |
| Gross Profit | $195.69M | $176.59M | $575.23M | $516.06M |
| Operating Expenses | $188.55M | $178.67M | $593.25M | $535.89M |
| Research & Development | $56.27M | $48.02M | $168.72M | $136.90M |
| Operating Income | $7.14M | $-2.08M | $-18.02M | $-19.83M |
| Interest Expense | $7.21M | $8.15M | $20.29M | $23.50M |
| Other Income/Expense | $-703.00K | $359.00K | $-204.00K | $-858.00K |
| Income Tax Expense | $550.00K | $5.33M | $8.39M | $10.73M |
| Net Income | $2.26M | $-9.21M | $-35.38M | $-38.17M |
| Basic EPS | 0.02 | -0.08 | -0.29 | -0.32 |
| Diluted EPS | 0.02 | -0.08 | -0.29 | -0.32 |
| Basic Shares Outstanding | $120.48M | $119.17M | $120.52M | $118.47M |
| Diluted Shares Outstanding | $121.95M | $119.17M | $120.52M | $118.47M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $171.85M | $328.65M |
| Short-term Investments | $211.72M | $248.55M |
| Accounts Receivable | $200.99M | $258.73M |
| Other Current Assets | $44.19M | $53.03M |
| Total Current Assets | $679.33M | $940.75M |
| Goodwill | $697.89M | $541.29M |
| Intangible Assets | $122.08M | $94.46M |
| Other Non-current Assets | $12.85M | $13.30M |
| Total Assets | $1.65B | $1.74B |
| Deferred Revenue | $639.61M | $650.37M |
| Other Current Liabilities | $3.85M | $5.15M |
| Total Current Liabilities | $720.31M | $738.09M |
| Other Non-current Liabilities | $10.17M | $8.33M |
| Total Liabilities | $1.31B | $1.34B |
| Common Stock | $1.28M | $1.22M |
| Retained Earnings | $-896.72M | $-861.34M |
| Total Stockholders Equity | $344.38M | $399.95M |
| Total Liabilities & Equity | $1.65B | $1.74B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $2.26M | $-9.21M | $-35.38M | $-38.17M |
| Depreciation & Amortization | - | - | $31.82M | $24.43M |
| Stock-based Compensation | - | - | $147.31M | $122.80M |
| Change in Receivables | - | - | $-59.73M | $-26.91M |
| Operating Cash Flow | - | - | $183.72M | $136.36M |
| Capital Expenditure | - | - | $11.77M | $1.92M |
| Acquisitions | - | - | $196.18M | $29.16M |
| Investing Cash Flow | - | - | $-170.29M | $-27.10M |
| Debt Repayment | - | - | $2.81M | $2.81M |
| Stock Repurchased | - | - | $184.97M | $49.99M |
| Financing Cash Flow | - | - | $-171.21M | $-31.74M |
| Net Change in Cash | - | - | $-156.79M | $75.08M |
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.