$901.31M
Revenue
$94.08M
Net Income
44.39%
Gross Margin
12.14%
Op. Margin
$-149.13M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $901.31M | $901.31M | $782.12M | $557.72M | $388.83M | $259.75M |
| Revenue Growth % | 0.0% | 15.2% | 40.2% | 43.4% | 49.7% | nan% |
| Cost of Revenue | $501.24M | $501.24M | $390.56M | $281.51M | $205.22M | $144.90M |
| Gross Profit | $400.07M | $400.07M | $391.55M | $276.21M | $183.62M | $114.86M |
| Gross Margin % | 44.4% | 44.4% | 50.1% | 49.5% | 47.2% | 44.2% |
| Operating Expenses | $290.64M | $290.64M | $240.56M | $180.38M | $124.58M | $76.15M |
| Research & Development | $144.99M | $144.99M | $105.47M | $92.71M | $62.23M | $34.21M |
| Operating Income | $109.43M | $109.43M | $151.00M | $95.84M | $59.03M | $38.70M |
| Operating Margin % | 12.1% | 12.1% | 19.3% | 17.2% | 15.2% | 14.9% |
| Interest Expense | $11.83M | $6.96M | $4.15M | $2.68M | $1.66M | $765.00K |
| Interest Income | $14.64M | $14.64M | $9.94M | $8.35M | $8.74M | $505.00K |
| Other Income/Expense | $-9.83M | $-9.83M | $6.33M | $-1.56M | $3.31M | $-631.00K |
| Income Before Tax | $135.19M | $135.19M | $166.30M | $116.22M | $67.36M | $43.05M |
| Income Tax Expense | $13.30M | $13.30M | $35.03M | $19.36M | $16.80M | $134.00K |
| Net Income | $94.08M | $94.08M | $103.63M | $77.35M | $39.26M | $37.76M |
| Net Margin % | 10.4% | 10.4% | 13.2% | 13.9% | 10.1% | 14.5% |
| Basic EPS | 1.47 | 1.47 | 1.67 | 1.29 | 0.66 | 1.96 |
| Diluted EPS | 1.37 | 1.37 | 1.53 | 1.16 | 0.59 | 1.73 |
| Basic Shares Outstanding | - | 64.2M | 62.2M | 60.2M | 59.2M | 19.2M |
| Diluted Shares Outstanding | - | 67.3M | 66.2M | 64.9M | 65.3M | 21.8M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $757.37M | $407.44M | $182.09M | $247.95M | $563.07M |
| Short-term Investments | $35.52M | $19.37M | $21.31M | $20.21M | $29.50M |
| Accounts Receivable | $504.25M | $387.05M | $283.19M | $182.94M | $105.55M |
| Inventory | $702.63M | $597.98M | $545.39M | $393.17M | $218.12M |
| Other Current Assets | $10.57M | $7.51M | - | - | - |
| Total Current Assets | $2.44B | $1.48B | $1.18B | $963.81M | $952.93M |
| Property Plant & Equipment | $314.83M | $269.27M | $201.85M | $82.88M | $14.04M |
| Intangible Assets | $2.85M | $3.46M | $2.54M | $1.25M | $477.00K |
| Long-term Investments | $66.03M | $37.06M | $27.88M | $17.46M | $12.69M |
| Other Non-current Assets | $4.48M | $20.45M | $6.05M | $50.27M | $45.02M |
| Total Assets | $2.87B | $1.86B | $1.49B | $1.24B | $1.05B |
| Accounts Payable | - | - | - | $101.73M | $101.35M |
| Short-term Debt | $74.04M | $32.81M | $31.34M | $56.00M | $9.59M |
| Deferred Revenue | $205.20M | $252.49M | $181.37M | $153.77M | $52.82M |
| Total Current Liabilities | $745.71M | $641.23M | $500.66M | $396.21M | $205.94M |
| Long-term Debt | $214.01M | $150.00M | $53.95M | $18.69M | $22.96M |
| Deferred Tax Liabilities | - | - | - | - | $1.30M |
| Other Non-current Liabilities | $11.96M | $9.22M | $5.87M | $7.32M | $8.45M |
| Total Liabilities | $941.68M | $759.82M | $564.75M | $423.33M | $240.51M |
| Retained Earnings | $350.43M | $260.00M | $156.83M | $94.43M | $72.04M |
| Total Stockholders Equity | $1.46B | $904.62M | $767.39M | $674.86M | $676.20M |
| Total Liabilities & Equity | $2.87B | $1.86B | $1.49B | $1.24B | $1.05B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $114.46M | $94.08M | $103.63M | $77.35M | $39.26M | $37.76M |
| Depreciation & Amortization | $23.78M | $14.40M | $6.57M | $6.91M | $5.37M | $2.35M |
| Stock-based Compensation | $62.98M | $33.58M | $49.58M | $27.34M | $7.73M | $5.12M |
| Deferred Income Tax | $-24.08M | $-14.97M | $5.43M | $-13.24M | - | $-1.84M |
| Change in Receivables | $160.44M | $116.13M | $123.28M | $108.75M | $88.66M | $47.62M |
| Change in Inventory | $176.27M | $108.22M | $64.14M | $164.03M | $193.31M | $127.66M |
| Change in Payables | $52.23M | $67.85M | $1.44M | $42.34M | $17.50M | $65.21M |
| Operating Cash Flow | $-44.66M | $-10.32M | $152.45M | $-75.32M | $-62.19M | $-40.09M |
| Capital Expenditure | $104.47M | $56.28M | $82.46M | $61.88M | $91.09M | $9.15M |
| Purchases of Investments | - | - | - | - | $4.28M | - |
| Investing Cash Flow | $-438.47M | $-390.33M | $-11.96M | $-6.75M | $-265.67M | $-11.28M |
| Debt Repayment | $75.95M | $60.25M | $9.58M | $2.28M | $2.22M | - |
| Stock Issued | - | - | - | - | - | - |
| Stock Repurchased | - | $6.99M | - | - | - | - |
| Financing Cash Flow | $920.67M | $742.49M | $92.48M | $18.53M | $45.87M | $538.77M |
| Net Change in Cash | $452.74M | $354.65M | $228.14M | $-65.28M | $-314.62M | $491.30M |
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 | $269.16M | $203.98M | $656.88M | $558.65M |
| Cost of Revenue | $156.01M | $99.14M | $356.72M | $277.91M |
| Gross Profit | $113.15M | $104.83M | $300.16M | $280.74M |
| Operating Expenses | $84.23M | $60.65M | $213.77M | $173.73M |
| Research & Development | $39.65M | $27.84M | $100.97M | $77.72M |
| Operating Income | $28.92M | $44.18M | $86.39M | $107.01M |
| Interest Expense | $1.85M | $1.21M | $5.17M | $2.92M |
| Interest Income | $3.10M | $2.97M | $10.45M | $7.12M |
| Other Income/Expense | $-3.41M | $-5.16M | $-4.02M | $-727.00K |
| Income Before Tax | $49.09M | $42.68M | $114.41M | $109.88M |
| Income Tax Expense | $2.69M | $4.01M | $6.73M | $17.71M |
| Net Income | $35.89M | $30.90M | $86.03M | $72.55M |
| Basic EPS | 0.56 | 0.49 | 1.35 | 1.17 |
| Diluted EPS | 0.52 | 0.45 | 1.26 | 1.07 |
| Basic Shares Outstanding | $64.38M | $62.50M | $63.88M | $62.02M |
| Diluted Shares Outstanding | $68.41M | $66.67M | $67.55M | $66.51M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.06B | $407.44M |
| Short-term Investments | $39.98M | $19.37M |
| Accounts Receivable | $477.00M | $387.05M |
| Inventory | $676.41M | $597.98M |
| Other Current Assets | $15.14M | $7.51M |
| Total Current Assets | $2.36B | $1.48B |
| Property Plant & Equipment | $296.71M | $269.27M |
| Intangible Assets | $2.71M | $3.46M |
| Long-term Investments | $63.56M | $37.06M |
| Other Non-current Assets | $4.84M | $20.45M |
| Total Assets | $2.77B | $1.86B |
| Short-term Debt | $45.05M | $32.81M |
| Deferred Revenue | $203.51M | $243.95M |
| Total Current Liabilities | $677.87M | $641.23M |
| Long-term Debt | $193.36M | $105.53M |
| Other Non-current Liabilities | $8.32M | $9.22M |
| Total Liabilities | $885.43M | $759.82M |
| Retained Earnings | $346.03M | $260.00M |
| Total Stockholders Equity | $1.43B | $904.62M |
| Total Liabilities & Equity | $2.77B | $1.86B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $35.89M | $30.90M | $86.03M | $72.55M |
| Depreciation & Amortization | - | - | $10.46M | $7.07M |
| Stock-based Compensation | - | - | $27.15M | $40.79M |
| Deferred Income Tax | - | - | $-11.71M | $6.97M |
| Change in Receivables | - | - | $91.35M | $89.39M |
| Change in Inventory | - | - | $80.69M | $82.20M |
| Change in Payables | - | - | $37.35M | $27.06M |
| Operating Cash Flow | - | - | $-44.24M | $63.85M |
| Capital Expenditure | - | - | $42.47M | $71.05M |
| Investing Cash Flow | - | - | $-42.78M | $8.57M |
| Debt Repayment | - | - | $29.87M | $6.30M |
| Stock Repurchased | - | - | $6.99M | - |
| Financing Cash Flow | - | - | $738.12M | $77.03M |
| Net Change in Cash | - | - | $656.03M | $152.08M |
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.