$665.79M
Revenue
$14.18M
Net Income
81.25%
Gross Margin
2.66%
Op. Margin
$307.69M
Free Cash Flow
| Breakdown | Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $192.63M | $151.45M | $148.79M | $172.91M | $171.50M | $134.00M | $141.16M | $166.03M | $160.43M | $119.35M | $132.66M | $159.78M | $140.80M | $121.31M |
| Revenue Growth % (YoY) | 12.3% | 13.0% | 5.4% | 4.1% | 6.9% | 12.3% | 6.4% | 3.9% | 13.9% | -1.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $33.38M | $30.02M | $30.52M | $30.89M | $29.17M | $29.09M | $30.80M | $32.73M | $33.85M | $27.91M | $29.52M | $31.60M | $32.80M | $31.50M |
| Gross Profit | $159.25M | $121.44M | $118.28M | $142.02M | $142.33M | $104.92M | $110.36M | $133.30M | $126.58M | $91.44M | $103.13M | $128.18M | $108.00M | $89.81M |
| Gross Margin % | 82.7% | 80.2% | 79.5% | 82.1% | 83.0% | 78.3% | 78.2% | 80.3% | 78.9% | 76.6% | 77.7% | 80.2% | 76.7% | 74.0% |
| Operating Expenses | $148.29M | $125.75M | $128.18M | $121.08M | $119.74M | $116.18M | $126.63M | $128.11M | $121.96M | $116.44M | $110.40M | $107.47M | $103.35M | $91.73M |
| Research & Development | $57.15M | $56.11M | $55.57M | $52.33M | $52.52M | $51.60M | $55.28M | $53.25M | $47.51M | $48.78M | $46.48M | $43.09M | $38.18M | $35.84M |
| Operating Income | $10.96M | $-4.31M | $-9.90M | $20.93M | $22.59M | $-11.26M | $-16.27M | $5.19M | $4.62M | $-25.00M | $-7.27M | $20.71M | $4.65M | $-1.93M |
| Operating Margin % | 5.7% | -2.8% | -6.7% | 12.1% | 13.2% | -8.4% | -11.5% | 3.1% | 2.9% | -20.9% | -5.5% | 13.0% | 3.3% | -1.6% |
| Interest Expense | $1.34M | $1.32M | $1.60M | $1.58M | $1.53M | $1.53M | $1.53M | $1.53M | $1.53M | $1.57M | $700.00K | $585.00K | $3.07M | $3.04M |
| Other Income/Expense | $316.00K | $10.76M | $5.75M | $3.96M | $8.79M | $1.89M | $4.20M | $3.61M | $9.18M | $-2.11M | $-21.91M | $-2.07M | $1.10M | $-124.00K |
| Income Before Tax | $9.94M | $5.13M | $-5.76M | $23.32M | $29.85M | $-10.90M | $-13.60M | $7.27M | $12.27M | $-28.67M | $-29.88M | $18.06M | $2.69M | $-5.09M |
| Income Tax Expense | $8.95M | $3.35M | $-610.00K | $6.77M | $10.18M | $-6.54M | $8.68M | $9.23M | $208.00K | $4.58M | $3.90M | $6.53M | $4.08M | $3.02M |
| Net Income | $996.00K | $1.78M | $-5.15M | $16.55M | $19.68M | $-4.36M | $-22.28M | $-1.96M | $12.06M | $-33.25M | $-33.77M | $11.53M | $-1.40M | $-8.11M |
| Net Margin % | 0.5% | 1.2% | -3.5% | 9.6% | 11.5% | -3.3% | -15.8% | -1.2% | 7.5% | -27.9% | -25.5% | 7.2% | -1.0% | -6.7% |
| Basic EPS | 0.01 | 0.02 | -0.06 | 0.20 | 0.25 | -0.05 | -0.28 | -0.02 | 0.15 | -0.42 | -0.43 | 0.15 | -0.02 | -0.11 |
| Diluted EPS | 0.01 | 0.02 | -0.06 | 0.20 | 0.25 | -0.05 | -0.28 | -0.02 | 0.15 | -0.42 | -0.43 | 0.13 | -0.02 | -0.11 |
| Basic Shares Outstanding | 405K | 84.8M | 83.6M | 82.6M | 392K | 80.4M | 80.0M | 80.2M | 267K | 79.2M | 78.9M | 79.5M | 953K | 75.8M |
| Diluted Shares Outstanding | 704K | 88.4M | 83.6M | 89.8M | 392K | 80.4M | 80.0M | 80.2M | 267K | 79.2M | 78.9M | 87.3M | 953K | 75.8M |
| Breakdown | Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $561.90M | $513.37M | $507.01M | $557.61M | $467.46M | $431.19M | $418.34M | $378.38M | $316.15M | $311.85M | $416.14M | $405.58M | $413.74M | $455.86M |
| Accounts Receivable | $173.51M | $121.34M | $126.56M | $127.87M | $190.46M | $121.86M | $124.26M | $130.64M | $170.28M | $119.92M | $103.48M | $112.44M | $137.56M | $88.70M |
| Other Current Assets | $28.06M | $31.49M | $28.58M | $26.03M | $26.05M | $26.56M | $29.68M | $28.36M | $29.14M | $23.49M | $23.28M | $25.47M | $27.53M | $26.02M |
| Total Current Assets | $784.98M | $687.00M | $679.83M | $730.40M | $700.62M | $592.01M | $586.78M | $548.60M | $526.83M | $465.73M | $554.31M | $555.67M | $588.22M | $579.50M |
| Property Plant & Equipment | $41.01M | $40.91M | $38.46M | $38.84M | $39.80M | $38.17M | $39.11M | $38.26M | $37.52M | $38.94M | $39.37M | $40.19M | $40.48M | $38.71M |
| Goodwill | $462.46M | $476.21M | $459.07M | $454.95M | $458.12M | $452.82M | $453.09M | $451.17M | $449.05M | $455.21M | $385.99M | $379.32M | $370.18M | $268.89M |
| Intangible Assets | $72.94M | $84.90M | $77.54M | $75.36M | $83.55M | $86.49M | $94.64M | $101.59M | $107.61M | $86.08M | $90.33M | $93.34M | $99.06M | $61.54M |
| Other Non-current Assets | $44.38M | $47.33M | $40.12M | $40.49M | $40.68M | $42.33M | $43.72M | $43.58M | $40.41M | $38.74M | $25.59M | $29.02M | $28.35M | $26.70M |
| Total Assets | $1.45B | $1.38B | $1.34B | $1.38B | $1.36B | $1.25B | $1.26B | $1.23B | $1.20B | $1.12B | $1.13B | $1.13B | $1.16B | $1.01B |
| Accounts Payable | $7.32M | $3.61M | $4.00M | $6.52M | $8.99M | $5.16M | $4.68M | $6.01M | $10.43M | $6.24M | $4.96M | $6.06M | $6.65M | $4.90M |
| Deferred Revenue | $139.09M | $114.53M | $123.44M | $120.55M | $131.36M | $110.84M | $121.85M | $114.42M | $113.08M | $94.52M | $92.14M | $96.53M | $93.16M | $75.14M |
| Other Current Liabilities | $56.06M | $40.27M | $41.51M | $43.82M | $48.40M | $50.92M | $66.04M | $58.67M | $56.37M | $50.69M | $49.44M | $56.98M | $122.23M | $24.72M |
| Total Current Liabilities | $487.77M | $210.11M | $216.82M | $296.75M | $324.11M | $296.92M | $319.25M | $300.39M | $232.74M | $198.48M | $187.06M | $430.74M | $473.98M | $347.90M |
| Other Non-current Liabilities | $48.02M | $53.25M | $47.99M | $47.11M | $47.15M | $43.86M | $42.99M | $42.33M | $41.22M | $40.28M | $41.47M | $43.02M | $42.89M | $32.64M |
| Total Liabilities | $588.46M | $540.97M | $544.65M | $616.98M | $652.16M | $617.87M | $635.59M | $619.27M | $635.00M | $589.40M | $570.34M | $514.48M | $549.29M | $411.44M |
| Retained Earnings | $-116.33M | $-117.32M | $-119.10M | $-113.96M | $-130.50M | $-150.18M | $-145.82M | $-123.54M | $-121.58M | $-133.64M | $-100.39M | $-66.62M | $-102.09M | $-100.69M |
| Total Stockholders Equity | $857.19M | $836.90M | $791.31M | $762.93M | $711.33M | $634.12M | $620.22M | $606.90M | $569.74M | $535.53M | $558.17M | $618.42M | $613.20M | $602.26M |
| Total Liabilities & Equity | $1.45B | $1.38B | $1.34B | $1.38B | $1.36B | $1.25B | $1.26B | $1.23B | $1.20B | $1.12B | $1.13B | $1.13B | $1.16B | $1.01B |
| Breakdown | Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $996.00K | $13.18M | $11.40M | $16.55M | $19.68M | $-28.60M | $-24.24M | $-1.96M | $12.06M | $-33.25M | $-22.25M | $11.53M | $-1.40M | $-7.40M |
| Depreciation & Amortization | $11.04M | $31.12M | $19.56M | $9.62M | $9.85M | $29.27M | $9.74M | $9.75M | $11.41M | $8.27M | $15.82M | $7.69M | $6.29M | $6.17M |
| Stock-based Compensation | $16.97M | $17.36M | $17.36M | $16.00M | $19.16M | $20.53M | $45.90M | $22.16M | $22.26M | $22.71M | $39.81M | $18.61M | $13.32M | $31.23M |
| Change in Receivables | $58.36M | $-72.92M | $-61.36M | $-60.24M | $66.37M | $-47.23M | $-45.08M | $-39.87M | $48.03M | $-13.86M | $-29.27M | $-21.73M | $42.41M | $-26.77M |
| Change in Payables | $3.29M | $-5.42M | $-4.38M | $-1.67M | $3.62M | $-5.49M | $-5.53M | $-5.36M | $4.04M | $-270.00K | $-2.07M | $-302.00K | $-1.43M | $-2.43M |
| Operating Cash Flow | $37.53M | $116.55M | $102.01M | $73.45M | $21.65M | $105.66M | $89.23M | $59.20M | $13.04M | $26.53M | $18.04M | $5.79M | $6.03M | $55.59M |
| Capital Expenditure | $4.35M | $9.74M | $5.00M | $2.77M | $2.31M | $7.88M | $6.18M | $1.73M | $2.93M | $6.72M | $3.46M | $2.19M | $1.04M | $6.81M |
| Acquisitions | $1.50M | $25.57M | $13.68M | - | $1.00K | $3.23M | $721.00K | - | $411.00K | $134.13M | $37.66M | $12.97M | $48.51M | $5.47M |
| Investing Cash Flow | $-5.78M | $-40.35M | $-19.08M | $-2.76M | $-2.28M | $-13.57M | $-8.36M | $-3.13M | $-3.34M | $-151.17M | $-41.44M | $-15.50M | $-49.57M | $-12.91M |
| Stock Repurchased | - | - | - | - | - | - | - | $4.26M | $15.27M | $4.39M | $4.39M | - | - | - |
| Financing Cash Flow | $23.86M | $-30.90M | $-40.14M | $22.03M | $12.80M | $24.97M | $21.00M | $5.46M | $-12.17M | $35.15M | $31.92M | $2.51M | $2.21M | $173.74M |
| Net Change in Cash | $48.60M | $45.86M | $39.49M | $90.12M | $36.16M | $114.46M | $101.83M | $61.90M | $4.58M | $-101.63M | $2.29M | $-8.18M | $-42.00M | $214.47M |
SEC Filing Format - Data shown as it appears in the Q3 2024 (10-Q) filing
Period ended: Sep 30, 2024
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $151.45M | - | $473.16M | - |
| Cost of Revenue | $30.02M | - | $91.42M | - |
| Gross Profit | $121.44M | - | $381.73M | - |
| Operating Expenses | $125.75M | - | $375.01M | - |
| Research & Development | $56.11M | - | $164.01M | - |
| Operating Income | $-4.31M | - | $6.72M | - |
| Interest Expense | $1.32M | - | $4.50M | - |
| Other Income/Expense | $10.76M | - | $20.46M | - |
| Income Before Tax | $5.13M | - | $22.69M | - |
| Income Tax Expense | $3.35M | - | $9.51M | - |
| Net Income | $1.78M | $-22.28M | $13.18M | - |
| Basic EPS | 0.02 | - | 0.16 | - |
| Diluted EPS | 0.02 | - | 0.15 | - |
| Basic Shares Outstanding | $84.83M | - | $83.68M | - |
| Diluted Shares Outstanding | $88.42M | - | $87.85M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
| Cash & Cash Equivalents | $513.37M | $467.46M |
| Accounts Receivable | $121.34M | $190.46M |
| Other Current Assets | $31.49M | $26.05M |
| Total Current Assets | $687.00M | $700.62M |
| Property Plant & Equipment | $40.91M | $39.80M |
| Goodwill | $476.21M | $458.12M |
| Intangible Assets | $84.90M | $83.55M |
| Other Non-current Assets | $47.33M | $40.68M |
| Total Assets | $1.38B | $1.36B |
| Accounts Payable | $3.61M | $8.99M |
| Deferred Revenue | $114.53M | $131.36M |
| Other Current Liabilities | $40.27M | $48.40M |
| Total Current Liabilities | $210.11M | $324.11M |
| Other Non-current Liabilities | $53.25M | $47.15M |
| Total Liabilities | $540.97M | $652.16M |
| Retained Earnings | $-117.32M | $-130.50M |
| Total Stockholders Equity | $836.90M | $711.33M |
| Total Liabilities & Equity | $1.38B | $1.36B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.78M | $-22.28M | $13.18M | - |
| Depreciation & Amortization | $11.56M | - | $31.12M | - |
| Stock-based Compensation | $17.36M | - | $50.71M | - |
| Change in Receivables | - | - | $-72.92M | - |
| Change in Payables | - | - | $-5.42M | - |
| Operating Cash Flow | - | - | $116.55M | - |
| Capital Expenditure | - | - | $9.74M | - |
| Acquisitions | - | - | $25.57M | - |
| Investing Cash Flow | - | - | $-40.35M | - |
| Financing Cash Flow | - | - | $-30.90M | - |
| Net Change in Cash | - | - | $45.86M | - |
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.