$1.30B
Revenue
$-31.51M
Net Income
60.63%
Gross Margin
0.41%
Op. Margin
$288.91M
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 | $394.64M | $337.17M | $308.44M | $264.42M | $314.67M | $268.30M | $227.84M |
| Revenue Growth % (YoY) | 25.4% | 25.7% | 35.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $159.89M | $133.22M | $116.99M | $103.49M | $125.94M | $105.65M | $91.08M |
| Gross Profit | $234.75M | $203.94M | $191.45M | $160.93M | $188.73M | $162.64M | $136.76M |
| Gross Margin % | 59.5% | 60.5% | 62.1% | 60.9% | 60.0% | 60.6% | 60.0% |
| Research & Development | $29.97M | $29.81M | $30.59M | $26.80M | $24.27M | $22.81M | $23.61M |
| Operating Income | $17.84M | $8.75M | $-5.11M | $-16.11M | $6.92M | $-12.38M | $-26.58M |
| Operating Margin % | 4.5% | 2.6% | -1.7% | -6.1% | 2.2% | -4.6% | -11.7% |
| Interest Expense | $54.00K | $-180.00K | $166.00K | $331.00K | $17.00K | $1.95M | $2.56M |
| Other Income/Expense | $-16.55M | $-11.55M | $-6.52M | $-3.84M | $2.06M | $-4.80M | $-996.00K |
| Income Before Tax | $1.28M | $-2.79M | $-11.62M | $-19.96M | $8.98M | $-17.18M | $-27.58M |
| Income Tax Expense | $-5.25M | $840.00K | $1.19M | $1.64M | $-6.26M | $200.00K | $486.00K |
| Net Income | $6.54M | $-3.63M | $-12.81M | $-21.60M | $15.24M | $-17.38M | $-28.07M |
| Net Margin % | 1.7% | -1.1% | -4.2% | -8.2% | 4.8% | -6.5% | -12.3% |
| Basic EPS | 0.03 | -0.02 | -0.06 | -0.10 | 0.09 | -0.09 | -0.16 |
| Diluted EPS | 0.03 | -0.02 | -0.06 | -0.10 | 0.09 | -0.09 | -0.16 |
| Basic Shares Outstanding | - | 222.4M | 217.3M | 212.6M | 6.9M | 187.9M | 177.9M |
| Diluted Shares Outstanding | - | 222.4M | 217.3M | 212.6M | 6.9M | 187.9M | 177.9M |
| 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 | $319.76M | $385.18M | $365.31M | $364.40M | $366.16M | $418.54M | $154.70M |
| Accounts Receivable | $322.39M | $272.26M | $251.01M | $223.76M | $235.23M | $203.71M | $182.80M |
| Other Current Assets | $14.66M | $3.12M | $2.53M | $2.54M | $1.81M | $1.70M | $1.46M |
| Total Current Assets | $685.78M | $689.06M | $630.20M | $601.78M | $616.54M | $633.64M | $347.57M |
| Property Plant & Equipment | $15.39M | $12.46M | $10.80M | $8.95M | $8.86M | $7.38M | $7.53M |
| Goodwill | $527.89M | $317.38M | $317.67M | $326.00M | $325.99M | $140.92M | $140.90M |
| Intangible Assets | $217.94M | $85.55M | $95.18M | $105.04M | $115.18M | $43.03M | $44.84M |
| Other Non-current Assets | $4.69M | $4.67M | $5.27M | $6.41M | $6.43M | $5.90M | $5.53M |
| Total Assets | $1.50B | $1.15B | $1.10B | $1.09B | $1.11B | $869.08M | $583.86M |
| Accounts Payable | $40.14M | $29.07M | $48.03M | $32.53M | $43.66M | $58.49M | $46.53M |
| Accrued Liabilities | $179.09M | $156.57M | $115.95M | $115.32M | $121.40M | $107.66M | $108.17M |
| Deferred Revenue | $35.40M | $4.03M | $3.86M | $6.02M | $10.35M | $3.59M | $3.68M |
| Other Current Liabilities | $25.82M | $14.20M | $12.16M | $13.10M | $11.20M | $8.20M | $6.15M |
| Total Current Liabilities | $429.48M | $228.81M | $193.83M | $180.78M | $199.34M | $190.91M | $175.95M |
| Long-term Debt | $197.08M | $196.88M | $196.69M | $196.49M | $196.29M | $196.09M | $184.35M |
| Deferred Tax Liabilities | $17.27M | - | - | - | - | - | - |
| Other Non-current Liabilities | $15.66M | $10.15M | $10.99M | $10.05M | $9.81M | $7.21M | $6.52M |
| Total Liabilities | $698.93M | $461.56M | $426.84M | $410.97M | $434.57M | $394.21M | $366.82M |
| Retained Earnings | $-1.06B | $-1.07B | $-1.06B | $-1.05B | $-1.03B | $-1.04B | $-1.03B |
| Total Stockholders Equity | $804.59M | $689.21M | $673.26M | $676.60M | $676.80M | $474.87M | $217.05M |
| Total Liabilities & Equity | $1.50B | $1.15B | $1.10B | $1.09B | $1.11B | $869.08M | $583.86M |
| 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 | $6.54M | $-3.63M | $-34.41M | $-21.60M | $15.24M | $-85.01M | $-28.07M |
| Depreciation & Amortization | $19.76M | $17.19M | $17.40M | $17.69M | $16.80M | $39.30M | $26.70M |
| Stock-based Compensation | $43.73M | $134.09M | $88.46M | $41.99M | $43.01M | $151.97M | $104.80M |
| Change in Receivables | $36.92M | $40.31M | $19.07M | $-11.40M | $7.32M | $34.51M | $13.07M |
| Change in Payables | $6.43M | $-14.93M | $2.70M | $-11.05M | $-24.58M | $-4.00M | $-15.41M |
| Operating Cash Flow | $64.14M | $134.77M | $76.85M | $34.80M | $43.68M | $90.18M | $55.78M |
| Capital Expenditure | $3.26M | $10.56M | $5.08M | $2.74M | $8.27M | $17.46M | $12.56M |
| Acquisitions | $89.10M | $1.20M | $1.20M | $530.00K | $55.82M | - | - |
| Investing Cash Flow | $-97.34M | $-26.87M | $-16.24M | $-7.42M | $-68.02M | $-29.57M | $-20.78M |
| Financing Cash Flow | $-32.16M | $-88.65M | $-61.40M | $-29.43M | $-28.23M | $226.15M | $-11.95M |
| Net Change in Cash | $-65.42M | $19.03M | $-843.00K | $-1.76M | $-52.38M | $286.81M | $22.97M |
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 | $337.17M | - | $910.03M | - |
| Cost of Revenue | $133.22M | - | $353.70M | - |
| Research & Development | $29.81M | - | $87.20M | - |
| Operating Income | $8.75M | - | $-12.47M | - |
| Interest Expense | $-180.00K | - | $317.00K | - |
| Other Income/Expense | $-11.55M | - | $-21.91M | - |
| Income Before Tax | $-2.79M | - | $-34.37M | - |
| Income Tax Expense | $840.00K | - | $3.68M | - |
| Net Income | $-3.63M | $-28.07M | $-38.05M | - |
| Basic EPS | -0.02 | - | -0.17 | - |
| Diluted EPS | -0.02 | - | -0.17 | - |
| Basic Shares Outstanding | $222.44M | - | $217.45M | - |
| Diluted Shares Outstanding | $222.44M | - | $217.45M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $385.18M | $366.16M |
| Accounts Receivable | $272.26M | $235.23M |
| Other Current Assets | $3.12M | $1.81M |
| Total Current Assets | $689.06M | $616.54M |
| Property Plant & Equipment | $12.46M | $8.86M |
| Goodwill | $317.38M | $325.99M |
| Intangible Assets | $85.55M | $115.18M |
| Other Non-current Assets | $4.67M | $6.43M |
| Total Assets | $1.15B | $1.11B |
| Accounts Payable | $29.07M | $43.66M |
| Accrued Liabilities | $156.57M | $121.40M |
| Deferred Revenue | $4.03M | $10.35M |
| Other Current Liabilities | $14.20M | $11.20M |
| Total Current Liabilities | $228.81M | $199.34M |
| Long-term Debt | $196.88M | $196.29M |
| Other Non-current Liabilities | $10.15M | $9.81M |
| Total Liabilities | $461.56M | $434.57M |
| Retained Earnings | $-1.07B | $-1.03B |
| Total Stockholders Equity | $689.21M | $676.80M |
| Total Liabilities & Equity | $1.15B | $1.11B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-3.63M | $-28.07M | $-38.05M | - |
| Depreciation & Amortization | $17.19M | - | $52.28M | - |
| Stock-based Compensation | - | - | $134.09M | - |
| Change in Receivables | - | - | $40.31M | - |
| Change in Payables | - | - | $-14.93M | - |
| Operating Cash Flow | - | - | $134.77M | - |
| Capital Expenditure | - | - | $10.56M | - |
| Acquisitions | - | - | $1.20M | - |
| Investing Cash Flow | - | - | $-26.87M | - |
| Financing Cash Flow | - | - | $-88.65M | - |
| Net Change in Cash | - | - | $19.03M | - |
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.