$665.79M
Revenue
$14.18M
Net Income
81.25%
Gross Margin
2.66%
Op. Margin
$307.69M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2024) |
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) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $665.79M | $665.79M | $612.70M | $572.22M | $532.18M | $469.92M | $458.92M | $396.38M | $333.33M |
| Revenue Growth % | 0.0% | 8.7% | 7.1% | 7.5% | 13.2% | 2.4% | 15.8% | 18.9% | nan% |
| Cost of Revenue | $124.80M | $124.80M | $121.79M | $122.89M | $129.67M | $121.31M | $132.60M | $115.97M | $106.59M |
| Gross Profit | $540.99M | $540.99M | $490.91M | $449.33M | $402.51M | $348.62M | $326.32M | $280.41M | $226.74M |
| Gross Margin % | 81.3% | 81.3% | 80.1% | 78.5% | 75.6% | 74.2% | 71.1% | 70.7% | 68.0% |
| Operating Expenses | $523.30M | $523.30M | $490.67M | $456.27M | $390.17M | $336.90M | $318.11M | $255.76M | $260.00M |
| Research & Development | $221.16M | $221.16M | $212.65M | $185.86M | $151.05M | $126.08M | $117.51M | $97.59M | $93.23M |
| Operating Income | $17.68M | $17.68M | $243.00K | $-6.94M | $12.34M | $11.71M | $8.21M | $24.64M | $-33.26M |
| Operating Margin % | 2.7% | 2.7% | 0.0% | -1.2% | 2.3% | 2.5% | 1.8% | 6.2% | -10.0% |
| Interest Expense | $5.84M | $5.84M | $6.12M | $4.38M | $12.06M | $11.60M | $6.37M | $200.00K | $2.16M |
| Other Income/Expense | $20.78M | $20.78M | $18.49M | $-16.90M | $-562.00K | $1.92M | $1.55M | $2.58M | $-994.00K |
| Income Before Tax | $32.63M | $32.63M | $12.62M | $-28.21M | $-288.00K | $2.03M | $3.39M | $27.02M | $-36.41M |
| Income Tax Expense | $18.45M | $18.45M | $21.55M | $15.22M | $8.51M | $12.53M | $10.93M | $13.31M | $63.00M |
| Net Income | $14.18M | $14.18M | $-8.93M | $-43.43M | $-8.79M | $-10.50M | $-7.54M | $13.71M | $-99.41M |
| Net Margin % | 2.1% | 2.1% | -1.5% | -7.6% | -1.7% | -2.2% | -1.6% | 3.5% | -29.8% |
| Basic EPS | 0.17 | 0.17 | -0.11 | -0.55 | -0.12 | -0.14 | -0.11 | 0.20 | -1.89 |
| Diluted EPS | 0.17 | 0.16 | -0.11 | -0.55 | -0.12 | -0.14 | -0.11 | 0.18 | -1.89 |
| Basic Shares Outstanding | 405K | 84.1M | 80.6M | 79.5M | 76.2M | 73.2M | 71.5M | 67.5M | 52.5M |
| Diluted Shares Outstanding | 704K | 88.6M | 80.6M | 79.5M | 76.2M | 73.2M | 71.5M | 74.9M | 52.5M |
| Breakdown | 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) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $561.90M | $467.46M | $316.15M | $413.74M | $241.22M | $223.12M | $35.34M | $39.21M |
| Accounts Receivable | $173.51M | $190.46M | $170.28M | $137.56M | $117.88M | $104.98M | $96.80M | $86.64M |
| Inventory | - | - | - | - | - | - | $1.96M | $1.98M |
| Other Current Assets | $28.06M | $26.05M | $29.14M | $27.53M | $21.10M | $17.09M | $15.49M | $10.01M |
| Total Current Assets | $784.98M | $700.62M | $526.83M | $588.22M | $386.94M | $352.46M | $154.03M | $143.89M |
| Property Plant & Equipment | $41.01M | $39.80M | $37.52M | $40.48M | $36.33M | $36.30M | $30.15M | $31.45M |
| Goodwill | $462.46M | $458.12M | $449.05M | $370.18M | $264.48M | $233.68M | $210.53M | $62.71M |
| Intangible Assets | $72.94M | $83.55M | $107.61M | $99.06M | $76.11M | $67.08M | $69.84M | $24.46M |
| Other Non-current Assets | $44.38M | $40.68M | $40.41M | $28.35M | $25.39M | $19.71M | $17.29M | $17.02M |
| Total Assets | $1.45B | $1.36B | $1.20B | $1.16B | $829.90M | $743.14M | $483.22M | $287.87M |
| Accounts Payable | $7.32M | $8.99M | $10.43M | $6.65M | $8.59M | $8.59M | $8.36M | $4.88M |
| Deferred Revenue | $139.09M | $131.36M | $113.08M | $93.16M | $85.69M | $75.43M | $59.77M | $130.12M |
| Other Current Liabilities | $56.06M | $48.40M | $56.37M | $122.23M | $30.98M | $28.60M | $26.35M | $21.74M |
| Total Current Liabilities | $487.77M | $324.11M | $232.74M | $473.98M | $200.75M | $152.87M | $127.76M | $197.46M |
| Long-term Debt | - | - | - | - | $188.65M | $178.24M | $31.42M | $178.00K |
| Other Non-current Liabilities | $48.02M | $47.15M | $41.22M | $42.89M | $27.41M | $26.67M | $28.15M | $17.65M |
| Total Liabilities | $588.46M | $652.16M | $635.00M | $549.29M | $450.53M | $386.09M | $194.08M | $224.93M |
| Retained Earnings | $-116.33M | $-130.50M | $-121.58M | $-102.09M | $-93.29M | $-82.41M | $-82.00M | $-166.50M |
| Total Stockholders Equity | $857.19M | $711.33M | $569.74M | $613.20M | $378.59M | $354.71M | $286.78M | $60.59M |
| Total Liabilities & Equity | $1.45B | $1.36B | $1.20B | $1.16B | $829.90M | $743.14M | $483.22M | $287.87M |
| Breakdown | TTM (Dec 31, 2024) |
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) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | $42.12M | $14.18M | $-8.93M | $-43.43M | $-8.79M | $-10.50M | $-7.54M | $13.71M | $-99.41M |
| Depreciation & Amortization | $71.34M | $42.16M | $39.12M | $35.50M | $25.64M | $23.81M | $21.52M | $14.73M | $11.75M |
| Stock-based Compensation | $67.68M | $67.68M | $85.58M | $84.79M | $44.55M | $21.36M | $8.53M | $3.34M | $47.28M |
| Deferred Income Tax | - | - | - | - | - | - | - | $763.00K | $52.57M |
| Change in Receivables | $-136.16M | $-14.56M | $19.14M | $34.17M | $15.64M | $11.03M | $7.90M | $1.39M | $10.40M |
| Change in Payables | $-8.18M | $-2.13M | $-1.88M | $3.77M | $-3.86M | $-1.84M | $-426.00K | $1.65M | $-1.09M |
| Operating Cash Flow | $329.54M | $154.08M | $127.31M | $39.57M | $61.62M | $32.88M | $31.39M | $36.23M | $16.09M |
| Capital Expenditure | $21.86M | $14.09M | $10.19M | $9.65M | $7.85M | $6.09M | $9.66M | $6.66M | $7.52M |
| Acquisitions | - | $27.07M | $3.24M | $134.54M | $53.98M | $41.03M | $25.72M | $203.44M | $15.58M |
| Investing Cash Flow | $-67.98M | $-46.13M | $-15.85M | $-154.51M | $-62.48M | $-49.09M | $-35.84M | $-206.21M | $-24.85M |
| Debt Repayment | - | - | - | - | - | - | - | $126.00K | $59.87M |
| Stock Issued | - | - | - | - | - | - | $1.51M | $2.08M | $1.79M |
| Stock Repurchased | - | - | $4.26M | $19.66M | - | - | - | $119.00K | $1.04M |
| Financing Cash Flow | $-25.15M | $-7.04M | $37.77M | $22.98M | $175.95M | $31.25M | $191.92M | $167.53M | $29.56M |
| Net Change in Cash | $224.08M | $94.47M | $150.62M | $-97.05M | $172.47M | $18.05M | $187.81M | $-3.89M | $22.44M |
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-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.