$1.00B
Revenue
$-198.78M
Net Income
70.61%
Gross Margin
-19.25%
Op. Margin
$343.63M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Total Revenue | $1.00B | $1.07B | $1.05B | $903.50M | $765.66M |
| Revenue Growth % | -6.4% | 1.9% | 16.4% | 18.0% | nan% |
| Cost of Revenue | $294.86M | $318.83M | $307.83M | $249.49M | $209.92M |
| Gross Profit | $708.28M | $752.81M | $744.00M | $654.01M | $555.74M |
| Gross Margin % | 70.6% | 70.2% | 70.7% | 72.4% | 72.6% |
| Operating Expenses | $1.20B | $1.77B | $998.46M | $1.01B | $900.34M |
| Operating Income | $-193.07M | $-700.47M | $53.37M | $-102.84M | $-134.68M |
| Operating Margin % | -19.2% | -65.4% | 5.1% | -11.4% | -17.6% |
| Other Income/Expense | $-19.19M | $-4.83M | $-26.54M | $16.19M | $11.17M |
| Income Before Tax | $-257.34M | $-745.25M | $5.30M | $-110.72M | $-149.13M |
| Income Tax Expense | $28.84M | $23.13M | $7.17M | $3.41M | $-436.07M |
| Net Income | $-198.78M | $-557.01M | $-4.21M | $-79.75M | $317.78M |
| Net Margin % | -19.8% | -52.0% | -0.4% | -8.8% | 41.5% |
| Basic EPS | -2.06 | -4.61 | -0.03 | -0.62 | 1.52 |
| Diluted EPS | -2.07 | -4.61 | -0.03 | -0.62 | 1.48 |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $204.32M | $355.64M | $402.56M | $369.18M |
| Accounts Receivable | $99.69M | $102.68M | $66.93M | $47.54M |
| Other Current Assets | $38.24M | $34.73M | $31.88M | $52.75M |
| Total Current Assets | $342.24M | $493.05M | $501.37M | $469.46M |
| Property Plant & Equipment | $8.49M | $12.46M | $14.47M | $14.63M |
| Goodwill | $1.39B | $1.59B | $1.58B | $1.54B |
| Intangible Assets | $748.91M | $1.48B | $1.52B | $1.70B |
| Other Non-current Assets | $11.48M | $7.12M | $31.12M | $9.32M |
| Total Assets | $2.52B | $3.63B | $3.69B | $3.78B |
| Accounts Payable | $6.61M | $4.61M | $3.37M | $19.17M |
| Deferred Revenue | $43.41M | $48.75M | $46.11M | $39.92M |
| Total Current Liabilities | $138.57M | $244.91M | $211.67M | $173.16M |
| Long-term Debt | $611.35M | $615.18M | $619.22M | $620.35M |
| Deferred Tax Liabilities | $777.00K | $5.67M | $8.08M | - |
| Other Non-current Liabilities | $24.21M | $14.71M | $14.59M | $119.25M |
| Total Liabilities | $1.18B | $1.29B | $1.24B | $1.30B |
| Retained Earnings | $-701.09M | $-144.08M | $-139.87M | $-52.86M |
| Total Stockholders Equity | $824.53M | $1.64B | $1.63B | $1.62B |
| Total Liabilities & Equity | $2.52B | $3.63B | $3.69B | $3.78B |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Net Income | $-198.78M | $-557.01M | $-4.21M | $-79.75M | $317.78M |
| Depreciation & Amortization | $64.73M | $70.62M | $68.03M | $89.71M | $107.06M |
| Stock-based Compensation | $49.69M | $26.25M | $104.34M | $111.01M | $123.91M |
| Deferred Income Tax | $10.75M | $5.02M | $-7.17M | $-5.45M | $-446.63M |
| Change in Receivables | $-8.20M | $-5.79M | $36.03M | $20.72M | $-9.95M |
| Change in Payables | $-3.04M | $1.93M | $1.77M | $-14.00M | $-3.53M |
| Operating Cash Flow | $343.63M | $123.44M | $182.09M | $132.94M | $104.84M |
| Acquisitions | - | - | $9.82M | $69.72M | - |
| Investing Cash Flow | $-20.45M | $-26.75M | $-24.75M | $-86.05M | $-12.48M |
| Debt Repayment | $35.06M | $5.75M | $5.75M | $5.75M | $206.44M |
| Stock Issued | - | - | - | - | - |
| Stock Repurchased | $126.32M | $192.11M | - | - | $1.02B |
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | $-216.84M | $-250.83M | $-198.89M | $-14.95M | $151.49M |
| Net Change in Cash | $113.33M | $-152.14M | $-47.84M | $37.87M | $240.89M |
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 | $246.16M | $273.61M | $741.49M | $810.00M |
| Cost of Revenue | $69.22M | $79.55M | $216.91M | $240.88M |
| Operating Expenses | $182.50M | $1.11B | $971.53M | $1.55B |
| Operating Income | $63.66M | $-838.19M | $-230.03M | $-737.44M |
| Other Income/Expense | $8.13M | $2.90M | $-10.55M | $3.81M |
| Income Before Tax | $61.15M | $-845.10M | $-273.53M | $-761.44M |
| Income Tax Expense | $9.50M | $4.16M | $21.98M | $16.26M |
| Net Income | $37.34M | $-613.20M | $-202.96M | $-561.19M |
| Basic EPS | 0.34 | -5.11 | -1.97 | -4.53 |
| Diluted EPS | 0.33 | -5.11 | -1.97 | -4.53 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $307.88M | $204.32M |
| Accounts Receivable | $92.50M | $99.69M |
| Other Current Assets | $36.96M | $38.24M |
| Total Current Assets | $437.35M | $342.24M |
| Property Plant & Equipment | $7.25M | $8.49M |
| Goodwill | $1.13B | $1.39B |
| Intangible Assets | $587.66M | $748.91M |
| Other Non-current Assets | $7.51M | $11.48M |
| Total Assets | $2.19B | $2.52B |
| Accounts Payable | $3.71M | $6.61M |
| Deferred Revenue | $38.91M | $43.41M |
| Total Current Liabilities | $123.18M | $138.57M |
| Long-term Debt | $583.60M | $611.35M |
| Deferred Tax Liabilities | $172.00K | $777.00K |
| Other Non-current Liabilities | $29.76M | $24.21M |
| Total Liabilities | $1.16B | $1.18B |
| Retained Earnings | $-904.05M | $-701.09M |
| Total Stockholders Equity | $675.46M | $824.53M |
| Total Liabilities & Equity | $2.19B | $2.52B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $37.34M | $-613.20M | $-202.96M | $-561.19M |
| Depreciation & Amortization | $4.64M | $18.31M | $20.86M | $52.54M |
| Stock-based Compensation | - | - | $21.60M | $12.27M |
| Deferred Income Tax | - | - | $2.83M | $314.00K |
| Change in Receivables | - | - | $-6.05M | $-1.26M |
| Change in Payables | - | - | $-2.91M | $2.26M |
| Operating Cash Flow | - | - | $191.30M | $128.84M |
| Investing Cash Flow | - | - | $-8.95M | $-23.59M |
| Debt Repayment | - | - | $29.31M | $4.31M |
| Stock Repurchased | - | - | $28.68M | $151.84M |
| Financing Cash Flow | - | - | $-79.89M | $-207.75M |
| Net Change in Cash | - | - | $104.20M | $-103.94M |
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.