$901.31M
Revenue
$94.08M
Net Income
44.39%
Gross Margin
12.14%
Op. Margin
$-149.13M
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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $244.43M | $269.16M | $215.37M | $172.35M | $223.47M | $203.98M | $202.48M |
| Revenue Growth % (YoY) | 9.4% | 32.0% | 6.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $144.52M | $156.01M | $110.91M | $89.80M | $112.66M | $99.14M | $105.70M |
| Gross Profit | $99.91M | $113.15M | $104.46M | $82.55M | $110.81M | $104.83M | $96.78M |
| Gross Margin % | 40.9% | 42.0% | 48.5% | 47.9% | 49.6% | 51.4% | 47.8% |
| Operating Expenses | $76.87M | $84.23M | $72.77M | $56.77M | $66.83M | $60.65M | $59.19M |
| Research & Development | $44.02M | $39.65M | $33.82M | $27.50M | $27.75M | $27.84M | $25.97M |
| Operating Income | $23.04M | $28.92M | $31.69M | $25.78M | $43.99M | $44.18M | $37.59M |
| Operating Margin % | 9.4% | 10.7% | 14.7% | 15.0% | 19.7% | 21.7% | 18.6% |
| Interest Expense | $1.79M | $5.17M | $3.31M | $1.56M | $1.23M | $2.92M | $1.72M |
| Interest Income | $4.19M | $3.10M | $4.01M | $3.34M | $2.81M | $2.97M | $2.38M |
| Other Income/Expense | $-5.81M | $-3.41M | $-346.00K | $-262.00K | $7.06M | $-5.16M | $1.36M |
| Income Before Tax | $20.78M | $49.09M | $38.16M | $27.17M | $56.42M | $42.68M | $40.73M |
| Income Tax Expense | $6.57M | $2.69M | $1.89M | $2.15M | $17.32M | $4.01M | $9.34M |
| Net Income | $8.05M | $35.89M | $29.76M | $20.38M | $31.08M | $30.90M | $24.21M |
| Net Margin % | 3.3% | 13.3% | 13.8% | 11.8% | 13.9% | 15.2% | 12.0% |
| Basic EPS | 0.12 | 0.56 | 0.47 | 0.32 | 0.50 | 0.49 | 0.39 |
| Diluted EPS | 0.11 | 0.52 | 0.44 | 0.30 | 0.46 | 0.45 | 0.35 |
| Basic Shares Outstanding | - | 64.4M | 64.0M | 63.3M | 195K | 62.5M | 62.2M |
| Diluted Shares Outstanding | - | 68.4M | 67.5M | 67.0M | -275K | 66.7M | 67.1M |
| 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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $757.37M | $1.06B | $442.09M | $457.24M | $407.44M | $333.47M | $324.03M |
| Short-term Investments | $35.52M | $39.98M | $21.11M | $18.32M | $19.37M | $20.35M | $19.60M |
| Accounts Receivable | $504.25M | $477.00M | $433.66M | $387.85M | $387.05M | $370.59M | $293.50M |
| Inventory | $702.63M | $676.41M | $648.28M | $609.57M | $597.98M | $628.72M | $602.93M |
| Other Current Assets | $10.57M | $15.14M | $14.30M | $10.68M | $7.51M | - | - |
| Total Current Assets | $2.44B | $2.36B | $1.65B | $1.55B | $1.48B | $1.45B | $1.34B |
| Property Plant & Equipment | $314.83M | $296.71M | $290.94M | $277.06M | $269.27M | $250.10M | $228.73M |
| Intangible Assets | $2.85M | $2.71M | $2.85M | $3.00M | $3.46M | $2.84M | $2.84M |
| Long-term Investments | $66.03M | $63.56M | $56.72M | $54.81M | $37.06M | $33.66M | $31.90M |
| Other Non-current Assets | $4.48M | $4.84M | $3.92M | $3.42M | $20.45M | $21.35M | $10.92M |
| Total Assets | $2.87B | $2.77B | $2.04B | $1.93B | $1.86B | $1.79B | $1.67B |
| Short-term Debt | $74.04M | $45.05M | $52.97M | $24.95M | $32.81M | $33.80M | $54.44M |
| Deferred Revenue | $205.20M | $203.51M | $221.45M | $241.46M | $252.49M | $215.68M | $205.61M |
| Total Current Liabilities | $745.71M | $677.87M | $671.01M | $628.88M | $641.23M | $610.03M | $586.17M |
| Long-term Debt | $214.01M | $193.36M | $162.99M | $134.54M | $150.00M | $106.07M | $70.83M |
| Other Non-current Liabilities | $11.96M | $8.32M | $8.53M | $8.85M | $9.22M | $5.68M | $5.50M |
| Total Liabilities | $941.68M | $885.43M | $848.03M | $778.41M | $759.82M | $725.09M | $666.19M |
| Retained Earnings | $350.43M | $346.03M | $310.14M | $280.38M | $260.00M | $229.37M | $198.47M |
| Total Stockholders Equity | $1.46B | $1.43B | $986.45M | $949.15M | $904.62M | $888.17M | $833.17M |
| Total Liabilities & Equity | $2.87B | $2.77B | $2.04B | $1.93B | $1.86B | $1.79B | $1.67B |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $8.05M | $35.89M | $50.14M | $20.38M | $31.08M | $72.55M | $24.21M |
| Depreciation & Amortization | $3.94M | $10.46M | $6.36M | $3.02M | $-500.00K | $7.07M | $4.68M |
| Stock-based Compensation | $6.43M | $27.15M | $19.59M | $9.82M | $8.78M | $40.79M | $28.91M |
| Deferred Income Tax | $-3.25M | $-11.71M | $-7.45M | $-1.66M | $-1.54M | $6.97M | $-720.00K |
| Change in Receivables | $24.78M | $91.35M | $44.51M | $-190.00K | $33.89M | $89.39M | $14.84M |
| Change in Inventory | $27.53M | $80.69M | $52.95M | $15.11M | $-18.07M | $82.20M | $64.89M |
| Change in Payables | $30.50M | $37.35M | $7.74M | $-23.37M | $-25.62M | $27.06M | $2.40M |
| Operating Cash Flow | $33.92M | $-44.24M | $-39.62M | $5.28M | $88.59M | $63.85M | $51.94M |
| Capital Expenditure | $13.81M | $42.47M | $31.46M | $16.73M | $11.42M | $71.05M | $38.51M |
| Investing Cash Flow | $-347.55M | $-42.78M | $-31.30M | $-16.84M | $-20.53M | $8.57M | $31.89M |
| Debt Repayment | $30.38M | $29.87M | $15.25M | $455.00K | $3.28M | $6.30M | $3.20M |
| Stock Repurchased | - | $6.99M | $6.99M | - | - | - | - |
| Financing Cash Flow | $4.37M | $738.12M | $110.97M | $67.21M | $15.46M | $77.03M | $58.25M |
| Net Change in Cash | $-301.38M | $656.03M | $41.58M | $56.52M | $76.06M | $152.08M | $141.74M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.