$1.18B
Revenue
$-122.25M
Net Income
60.21%
Gross Margin
12.15%
Op. Margin
$370.86M
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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $293.15M | $288.19M | $302.09M | $297.76M | $301.14M | $284.28M | $303.44M | $297.62M | $286.97M | $275.21M | $281.80M | $289.09M | $302.20M | $300.79M |
| Revenue Growth % (YoY) | -2.7% | 1.4% | -0.4% | 0.0% | 4.9% | 3.3% | 7.7% | 3.0% | -5.0% | -8.5% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $117.98M | $118.33M | $119.16M | $114.54M | $114.13M | $111.01M | $121.79M | $123.82M | $133.12M | $132.26M | $140.19M | $139.15M | $152.54M | $132.76M |
| Gross Profit | $175.16M | $169.86M | $182.93M | $183.22M | $187.02M | $173.28M | $181.65M | $173.80M | $153.85M | $142.95M | $141.61M | $149.94M | $149.66M | $168.03M |
| Gross Margin % | 59.8% | 58.9% | 60.6% | 61.5% | 62.1% | 61.0% | 59.9% | 58.4% | 53.6% | 51.9% | 50.3% | 51.9% | 49.5% | 55.9% |
| Operating Expenses | $159.87M | $127.62M | $130.29M | $149.89M | $185.71M | $172.66M | $131.89M | $127.70M | $124.67M | $119.60M | $432.93M | $163.08M | $161.92M | $195.79M |
| Selling General & Admin | $126.31M | $99.02M | $101.12M | $118.77M | $157.94M | - | - | - | - | - | - | - | - | - |
| Operating Income | $15.30M | $42.24M | $52.63M | $33.33M | $1.31M | $618.00K | $49.75M | $46.10M | $29.18M | $23.34M | $-291.32M | $-13.14M | $-12.27M | $-27.75M |
| Operating Margin % | 5.2% | 14.7% | 17.4% | 11.2% | 0.4% | 0.2% | 16.4% | 15.5% | 10.2% | 8.5% | -103.4% | -4.5% | -4.1% | -9.2% |
| Interest Expense | $28.68M | $41.59M | $32.73M | $9.02M | $23.80M | $41.61M | $32.56M | $14.67M | $20.64M | $20.83M | $18.93M | $22.75M | $22.96M | $19.26M |
| Other Income/Expense | $626.00K | $-1.25M | $-975.00K | $228.00K | $-2.77M | $-198.00K | $-1.84M | $-2.74M | $-11.56M | $11.21M | $1.98M | $4.92M | $-1.64M | $448.00K |
| Income Before Tax | $2.94M | $29.30M | $38.90M | $20.33M | $-12.90M | $-12.84M | $36.51M | $31.95M | $8.82M | $13.72M | $-308.28M | $-30.72M | $-30.84M | $-48.81M |
| Income Tax Expense | $47.89M | $53.04M | $54.72M | $52.46M | $47.57M | $47.38M | $47.20M | $55.44M | $45.42M | $36.64M | $34.03M | $34.96M | $45.08M | $28.20M |
| Net Income | $-43.59M | $-28.78M | $-16.11M | $-33.76M | $-61.56M | $-61.60M | $-11.98M | $-24.52M | $-34.79M | $-25.84M | $-406.87M | $-65.63M | $-83.71M | $-115.07M |
| Net Margin % | -14.9% | -10.0% | -5.3% | -11.3% | -20.4% | -21.7% | -3.9% | -8.2% | -12.1% | -9.4% | -144.4% | -22.7% | -27.7% | -38.3% |
| Basic EPS | nan | nan | nan | -0.16 | -0.27 | -0.32 | -0.04 | -0.16 | -0.19 | -0.12 | -1.80 | -0.34 | -0.38 | -0.41 |
| Diluted EPS | nan | nan | nan | -0.16 | -0.27 | -0.32 | -0.04 | -0.16 | -0.19 | -0.12 | -1.80 | -0.34 | -0.38 | -0.41 |
| Basic Shares Outstanding | - | 191.3M | 191.2M | 191.1M | -12K | 190.2M | 190.3M | 189.5M | 15K | 188.9M | 189.1M | 188.9M | 446K | 188.6M |
| Diluted Shares Outstanding | - | 191.3M | 191.2M | 191.1M | -12K | 190.2M | 190.3M | 189.5M | 15K | 188.9M | 189.1M | 188.9M | 446K | 188.6M |
| 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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $255.53M | $449.20M | $392.58M | $328.45M | $238.80M | $237.67M | $355.18M | $320.31M | $201.37M | $192.16M | $152.37M | $188.13M | $212.27M | $114.47M |
| Short-term Investments | - | - | - | - | $60.39M | $80.18M | - | - | - | - | - | - | - | - |
| Accounts Receivable | $10.50M | $10.49M | $10.76M | $10.26M | $8.29M | $9.03M | $7.53M | $5.93M | $6.70M | $6.89M | $7.01M | $8.04M | $9.44M | $11.31M |
| Inventory | $242.30M | $243.29M | $241.46M | $239.28M | $231.37M | $220.92M | $207.63M | $209.40M | $213.12M | $229.90M | $252.78M | $297.56M | $297.81M | $301.24M |
| Other Current Assets | $25.50M | $22.09M | $24.55M | $32.29M | $26.21M | $26.62M | $26.75M | $20.30M | $23.73M | $43.73M | $42.87M | $70.72M | $51.25M | $62.07M |
| Total Current Assets | $562.72M | $756.45M | $711.38M | $649.38M | $604.56M | $603.01M | $631.08M | $585.27M | $477.35M | $486.67M | $474.84M | $574.19M | $592.95M | $492.64M |
| Property Plant & Equipment | $670.44M | $693.98M | $699.04M | $710.15M | $716.05M | $701.61M | $678.13M | $672.11M | $676.35M | $687.58M | $708.65M | $782.37M | $796.95M | $795.51M |
| Goodwill | $483.90M | $483.90M | $483.90M | $483.90M | $483.90M | $483.90M | $483.90M | $483.90M | $483.90M | $483.90M | $483.90M | $791.50M | $791.50M | $791.50M |
| Intangible Assets | $798.37M | $815.31M | $832.38M | $848.80M | $859.48M | $873.32M | $887.30M | $901.68M | $917.19M | $934.56M | $951.46M | $967.40M | $1.01B | $1.03B |
| Other Non-current Assets | $10.02M | $10.42M | $10.56M | $11.48M | $19.84M | $23.01M | $15.44M | $12.83M | $10.38M | $11.09M | $14.43M | $15.83M | $14.72M | $21.53M |
| Total Assets | $2.70B | $2.94B | $2.92B | $2.89B | $2.87B | $2.87B | $2.86B | $2.82B | $2.73B | $2.78B | $2.81B | $3.32B | $3.40B | $3.32B |
| Accounts Payable | $26.78M | - | - | - | $20.23M | - | - | - | - | - | - | - | - | - |
| Deferred Revenue | $9.59M | $8.90M | $8.36M | $8.68M | $8.03M | $6.66M | $4.32M | $2.10M | $1.33M | $3.56M | $5.78M | $5.12M | $9.50M | $6.38M |
| Total Current Liabilities | $126.94M | $124.13M | $123.84M | $136.67M | $138.49M | $136.69M | $123.80M | $117.19M | $114.85M | $251.77M | $240.59M | $188.27M | $209.70M | $150.28M |
| Long-term Debt | $136.74M | - | - | - | $364.84M | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | $177.99M | $181.88M | $186.63M | $191.90M | $196.54M | $204.24M | $211.09M | $216.98M | $206.96M | $205.44M | $211.90M | $216.24M | $224.14M | $220.21M |
| Other Non-current Liabilities | $11.45M | $11.77M | $11.89M | $5.53M | $4.95M | $6.51M | $4.69M | $5.00M | $7.09M | $86.44M | $37.42M | $37.24M | $26.18M | $8.62M |
| Total Liabilities | $1.55B | $1.76B | $1.71B | $1.67B | $1.62B | $1.57B | $1.49B | $1.43B | $1.32B | $1.33B | $1.35B | $1.45B | $1.47B | $1.31B |
| Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | $-912.12M | $-869.23M | $-842.39M | $-828.61M | $-795.74M | $-735.96M | $-675.75M | $-663.72M | $-640.64M | $-607.21M | $-581.82M | $-177.97M | $-113.84M | $-31.30M |
| Total Stockholders Equity | $1.14B | $1.19B | $1.21B | $1.22B | $1.25B | $1.30B | $1.37B | $1.38B | $1.41B | $1.44B | $1.46B | $1.87B | $1.93B | $2.01B |
| Total Liabilities & Equity | $2.70B | $2.94B | $2.92B | $2.89B | $2.87B | $2.87B | $2.86B | $2.82B | $2.73B | $2.78B | $2.81B | $3.32B | $3.40B | $3.32B |
| 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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-43.59M | $-28.78M | $-16.11M | $-33.76M | $-61.56M | $-61.60M | $-11.98M | $-24.52M | $-34.79M | $-25.84M | $-406.87M | $-65.63M | $-83.71M | $-115.07M |
| Depreciation & Amortization | $29.42M | $29.46M | $29.43M | $29.33M | $28.64M | $84.16M | $28.08M | $27.75M | $27.20M | $26.96M | $26.05M | $30.37M | $30.73M | $30.19M |
| Stock-based Compensation | $3.98M | $16.49M | $10.71M | $3.94M | $4.62M | $15.58M | $10.11M | $5.15M | $3.16M | $7.42M | $2.88M | $2.40M | $3.56M | $14.56M |
| Deferred Income Tax | $-3.18M | $-14.67M | $-9.92M | $-4.65M | $-7.70M | $-2.68M | $3.52M | $10.02M | $1.52M | $-18.70M | $-12.24M | $-7.90M | $7.68M | $-34.85M |
| Change in Receivables | $328.00K | $3.40M | $3.37M | $2.61M | $-1.45M | $712.00K | $-747.00K | $-1.49M | $-144.00K | $1.86M | $664.00K | $-1.56M | $-944.00K | $5.15M |
| Change in Inventory | $-992.00K | $11.92M | $10.09M | $7.91M | $10.45M | $8.28M | $-5.01M | $-3.52M | $-16.78M | $-66.53M | $-40.33M | $-260.00K | $-3.74M | $87.17M |
| Operating Cash Flow | $59.22M | $213.60M | $136.83M | $50.74M | $30.68M | $240.81M | $210.47M | $139.15M | $131.46M | $70.38M | $-23.06M | $410.00K | $55.01M | $-31.91M |
| Capital Expenditure | $3.41M | $40.78M | $28.45M | $16.88M | $42.48M | $79.04M | $42.10M | $15.55M | $9.39M | $31.00M | $24.72M | $13.73M | $34.33M | $130.42M |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | $27.78M |
| Investing Cash Flow | $-5.89M | $19.39M | $34.78M | $43.41M | $-23.18M | $-183.43M | $-51.94M | $-18.96M | $-7.16M | $-30.31M | $-25.32M | $-18.81M | $-36.05M | $-179.00M |
| Financing Cash Flow | $-255.39M | $-15.11M | $-10.33M | $-4.50M | $-6.36M | $-27.08M | $-10.72M | $-1.55M | $-114.99M | $-60.60M | $-9.34M | $-5.81M | $85.85M | $91.94M |
| Net Change in Cash | $-202.07M | $217.90M | $161.28M | $89.65M | $1.14M | $30.29M | $147.81M | $118.64M | $9.32M | $-20.53M | $-57.72M | $-24.21M | $104.81M | $-118.97M |
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 | $288.19M | $284.28M | $888.03M | $885.35M |
| Cost of Revenue | $118.33M | $111.01M | $352.03M | $356.62M |
| Gross Profit | $169.86M | $173.28M | $536.00M | $528.73M |
| Operating Expenses | $127.62M | $172.66M | $407.80M | $432.26M |
| Selling General & Admin | $99.02M | $148.62M | $318.91M | $352.52M |
| Operating Income | $42.24M | $618.00K | $128.20M | $96.47M |
| Interest Expense | $16.09M | $17.46M | $41.59M | $41.61M |
| Other Income/Expense | $-1.25M | $-198.00K | $-1.99M | $-4.78M |
| Income Before Tax | $29.30M | $-12.84M | $88.53M | $55.62M |
| Income Tax Expense | $53.04M | $47.38M | $160.22M | $150.02M |
| Net Income | $-28.78M | $-61.86M | $-78.65M | $-99.02M |
| Basic Shares Outstanding | $191.28M | $190.19M | $191.20M | $190.00M |
| Diluted Shares Outstanding | $191.28M | $190.19M | $191.20M | $190.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $449.20M | $238.80M |
| Short-term Investments | - | $60.39M |
| Accounts Receivable | $10.49M | $8.29M |
| Inventory | $243.29M | $231.37M |
| Other Current Assets | $22.09M | $26.21M |
| Total Current Assets | $756.45M | $604.56M |
| Property Plant & Equipment | $693.98M | $716.05M |
| Goodwill | $483.90M | $483.90M |
| Intangible Assets | $815.31M | $859.48M |
| Other Non-current Assets | $10.42M | $19.84M |
| Total Assets | $2.94B | $2.87B |
| Deferred Revenue | $8.90M | $8.03M |
| Total Current Liabilities | $124.13M | $138.49M |
| Deferred Tax Liabilities | $181.88M | $196.54M |
| Other Non-current Liabilities | $11.77M | $4.95M |
| Total Liabilities | $1.76B | $1.62B |
| Common Stock | - | - |
| Retained Earnings | $-869.23M | $-795.74M |
| Total Stockholders Equity | $1.19B | $1.25B |
| Total Liabilities & Equity | $2.94B | $2.87B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-28.78M | $-61.86M | $-78.65M | $-99.02M |
| Depreciation & Amortization | $29.46M | $28.33M | $88.21M | $84.16M |
| Stock-based Compensation | - | - | $16.49M | $15.58M |
| Deferred Income Tax | - | - | $-14.67M | $-2.68M |
| Change in Receivables | - | - | $3.40M | $712.00K |
| Change in Inventory | - | - | $11.92M | $8.28M |
| Operating Cash Flow | - | - | $213.60M | $240.81M |
| Capital Expenditure | - | - | $40.78M | $79.90M |
| Investing Cash Flow | - | - | $19.39M | $-183.43M |
| Financing Cash Flow | - | - | $-15.11M | $-27.08M |
| Net Change in Cash | - | - | $217.90M | $30.29M |
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.