$3.81B
Revenue
$94.60M
Net Income
25.26%
Gross Margin
6.36%
Op. Margin
$362.20M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $3.81B | $3.81B | $3.75B | - | $3.46B | $3.91B |
| Revenue Growth % | 0.0% | 1.5% | nan% | - | -11.4% | nan% |
| Cost of Revenue | $2.84B | $2.84B | $2.83B | - | $2.70B | $2.86B |
| Gross Profit | $961.30M | $961.20M | $920.00M | - | $757.30M | $1.04B |
| Gross Margin % | 25.3% | 25.3% | 24.5% | - | 21.9% | 26.7% |
| Operating Expenses | $719.30M | $719.20M | $737.90M | - | $969.00M | $906.30M |
| Research & Development | $86.80M | $86.70M | $93.60M | - | $120.70M | $126.30M |
| Selling General & Admin | $632.50M | $632.50M | $643.60M | - | $741.60M | $775.60M |
| Operating Income | $242.00M | $242.00M | $182.10M | - | $-211.70M | $137.10M |
| Operating Margin % | 6.4% | 6.4% | 4.9% | - | -6.1% | 3.5% |
| Interest Expense | $113.60M | $76.80M | $141.30M | - | $199.20M | $195.30M |
| Other Income/Expense | $3.90M | $4.00M | $1.50M | - | $2.20M | $3.40M |
| Income Before Tax | $125.00M | $125.10M | $47.30M | - | $-438.60M | $-50.70M |
| Income Tax Expense | $24.10M | $24.10M | $64.30M | - | $149.20M | $27.70M |
| Net Income | $94.60M | $94.60M | $-16.50M | - | $-581.40M | $-78.80M |
| Net Margin % | 2.5% | 2.5% | -0.4% | - | -16.8% | -2.0% |
| Basic EPS | 2.60 | 2.57 | -0.44 | - | -7.36 | -1.01 |
| Diluted EPS | 2.56 | 2.54 | -0.44 | - | -7.36 | -1.01 |
| Basic Shares Outstanding | - | 36.8M | 37.6M | - | 79.0M | 78.3M |
| Diluted Shares Outstanding | - | 37.2M | 37.6M | - | 79.0M | 78.3M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $368.90M | $296.20M | $550.20M | $307.40M | - |
| Short-term Investments | $29.10M | $16.90M | $13.40M | $24.60M | - |
| Accounts Receivable | $609.40M | $588.50M | $721.80M | $612.20M | $595.20M |
| Inventory | $521.00M | $528.10M | $589.80M | $588.10M | $544.20M |
| Other Current Assets | $189.10M | $167.70M | $192.60M | $168.50M | $203.10M |
| Total Current Assets | $1.79B | $1.67B | $2.15B | $1.77B | $1.89B |
| Property Plant & Equipment | - | $128.10M | $159.00M | $120.70M | $138.10M |
| Goodwill | $642.40M | $586.40M | $616.70M | $702.30M | $743.60M |
| Intangible Assets | $792.40M | $778.60M | $891.30M | $257.60M | $347.50M |
| Long-term Investments | - | $7.00M | $6.50M | $7.60M | $11.00M |
| Other Non-current Assets | $241.80M | $187.90M | $164.50M | $97.40M | $131.60M |
| Total Assets | $3.85B | $3.54B | $4.16B | $3.06B | $3.51B |
| Accounts Payable | $431.10M | $460.20M | $529.00M | $611.60M | $706.30M |
| Deferred Revenue | $325.80M | $320.70M | $376.20M | $453.20M | $322.40M |
| Other Current Liabilities | $413.00M | $268.70M | $315.80M | $362.40M | $412.30M |
| Total Current Liabilities | $1.37B | $1.27B | $1.42B | $1.60B | $1.75B |
| Long-term Debt | $938.50M | $927.30M | $1.25B | $2.59B | $2.25B |
| Deferred Tax Liabilities | $200.70M | $176.80M | $204.90M | $96.60M | $105.50M |
| Other Non-current Liabilities | $118.50M | $34.20M | $26.80M | $31.50M | $36.50M |
| Total Liabilities | $2.75B | $2.61B | $3.08B | $4.44B | - |
| Common Stock | $400.00K | $400.00K | $400.00K | $119.80M | $118.30M |
| Retained Earnings | $91.90M | $-1.10M | $17.10M | $-1.41B | $-822.40M |
| Treasury Stock | $130.70M | - | - | $585.60M | $582.10M |
| Total Stockholders Equity | $1.10B | $929.80M | $1.06B | $-1.38B | $-845.10M |
| Total Liabilities & Equity | $3.85B | $3.54B | $4.16B | $3.06B | $3.51B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $94.60M | $94.60M | $-16.50M | - | $-581.40M | $-78.80M |
| Depreciation & Amortization | $205.00M | $127.50M | $40.10M | - | $56.40M | $70.90M |
| Stock-based Compensation | $21.40M | $12.10M | $9.70M | - | $13.40M | $13.80M |
| Deferred Income Tax | - | $-48.10M | $-8.10M | - | - | - |
| Change in Receivables | $-59.70M | $-25.90M | $-99.60M | - | $49.40M | $-16.40M |
| Change in Inventory | $-65.30M | $-65.10M | $-20.90M | - | $74.50M | $84.80M |
| Change in Payables | $-158.50M | $-68.30M | $-42.20M | - | $-66.50M | $241.40M |
| Operating Cash Flow | $362.20M | $300.70M | $149.20M | - | $-387.90M | $123.30M |
| Acquisitions | - | $24.50M | - | - | - | - |
| Purchases of Investments | $541.40M | $318.40M | $295.20M | - | $401.30M | $288.40M |
| Sales of Investments | $531.00M | $306.00M | $288.80M | - | $414.10M | $287.70M |
| Investing Cash Flow | $-130.40M | $-97.60M | $-45.50M | - | $-23.80M | $-49.20M |
| Debt Repayment | - | - | $1.25B | - | - | - |
| Stock Repurchased | $180.00M | $130.70M | $6.20M | - | $7.80M | $7.70M |
| Financing Cash Flow | $-200.80M | $-143.90M | $-366.50M | - | $349.80M | $-3.60M |
| Net Change in Cash | $68.80M | $76.00M | $-281.00M | - | $-70.10M | $64.80M |
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 | $945.20M | $927.10M | $2.70B | $2.76B |
| Cost of Revenue | $700.10M | $690.50M | $2.02B | $2.07B |
| Gross Profit | $245.10M | $236.60M | $681.40M | $688.40M |
| Operating Expenses | $171.30M | $190.20M | $521.80M | $547.50M |
| Research & Development | $20.30M | $23.40M | $65.30M | $69.70M |
| Selling General & Admin | $150.90M | $164.60M | $456.90M | $478.40M |
| Operating Income | $73.80M | $46.40M | $159.60M | $140.90M |
| Interest Expense | $21.80M | $38.40M | $58.80M | $112.80M |
| Other Income/Expense | $-900.00K | $1.70M | $3.20M | $5.30M |
| Income Before Tax | $52.40M | $9.70M | $62.30M | $40.80M |
| Income Tax Expense | $9.60M | $29.90M | $12.20M | $58.80M |
| Net Income | $41.10M | $-22.40M | $45.00M | $-22.10M |
| Basic EPS | 1.13 | -0.60 | 1.21 | -0.59 |
| Diluted EPS | 1.11 | -0.60 | 1.20 | -0.59 |
| Basic Shares Outstanding | $36.50M | $37.60M | $37.10M | $37.60M |
| Diluted Shares Outstanding | $37.00M | $37.60M | $37.50M | $37.60M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $246.10M | $296.20M |
| Short-term Investments | $17.40M | $16.90M |
| Accounts Receivable | $580.10M | $588.50M |
| Inventory | $599.70M | $528.10M |
| Other Current Assets | $216.00M | $167.70M |
| Total Current Assets | $1.72B | $1.67B |
| Goodwill | $642.10M | $586.40M |
| Intangible Assets | $808.10M | $778.60M |
| Other Non-current Assets | $213.40M | $194.90M |
| Total Assets | $3.72B | $3.54B |
| Accounts Payable | $461.70M | $460.20M |
| Deferred Revenue | $300.60M | $320.70M |
| Other Current Liabilities | $332.40M | $312.20M |
| Total Current Liabilities | $1.26B | $1.27B |
| Long-term Debt | $934.00M | $927.30M |
| Deferred Tax Liabilities | $161.30M | $176.80M |
| Other Non-current Liabilities | $124.80M | $110.50M |
| Total Liabilities | $2.61B | $2.61B |
| Common Stock | $400.00K | $400.00K |
| Retained Earnings | $43.90M | $-1.10M |
| Treasury Stock | $79.60M | - |
| Total Stockholders Equity | $1.11B | $929.80M |
| Total Liabilities & Equity | $3.72B | $3.54B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $41.10M | $-22.40M | $45.00M | $-22.10M |
| Depreciation & Amortization | - | - | $96.80M | $94.10M |
| Stock-based Compensation | - | - | $9.30M | $7.40M |
| Change in Receivables | - | - | $-54.00M | $-55.50M |
| Change in Inventory | - | - | $13.20M | $56.70M |
| Change in Payables | - | - | $-37.00M | $-51.10M |
| Operating Cash Flow | - | - | $83.20M | $-47.00M |
| Purchases of Investments | - | - | $223.10M | $213.20M |
| Sales of Investments | - | - | $223.10M | $214.10M |
| Investing Cash Flow | - | - | $-59.00M | $-28.20M |
| Stock Repurchased | - | - | $79.60M | - |
| Financing Cash Flow | - | - | $-88.20M | $-174.50M |
| Net Change in Cash | - | - | $-48.70M | $-257.90M |
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.