$1.95B
Revenue
$-339.80M
Net Income
28.17%
Gross Margin
4.03%
Op. Margin
$-445.30M
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 | $574.50M | $460.20M | $483.30M | $432.10M | $545.40M | $497.00M | $478.20M | $487.80M | $557.60M | $464.60M | $476.80M | $516.40M | $557.00M | $461.20M |
| Revenue Growth % (YoY) | 5.3% | -7.4% | 1.1% | -11.4% | -2.2% | 7.0% | 0.3% | -5.5% | 0.1% | 0.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $379.90M | $343.00M | $353.30M | $324.60M | $370.40M | $352.00M | $348.30M | $351.80M | $376.40M | $369.30M | $361.00M | $357.40M | $367.20M | $356.90M |
| Gross Profit | $194.60M | $117.20M | $130.00M | $107.50M | $175.00M | $145.00M | $129.90M | $136.00M | $181.20M | $95.30M | $115.80M | $159.00M | $189.80M | $104.30M |
| Gross Margin % | 33.9% | 25.5% | 26.9% | 24.9% | 32.1% | 29.2% | 27.2% | 27.9% | 32.5% | 20.5% | 24.3% | 30.8% | 34.1% | 22.6% |
| Operating Expenses | $497.90M | $493.70M | $453.00M | $427.00M | $496.80M | $489.50M | $454.60M | $470.10M | $513.60M | $481.70M | $476.70M | $466.50M | $507.00M | $469.20M |
| Research & Development | $8.10M | $4.80M | $6.10M | $5.60M | $7.70M | $6.50M | $4.90M | $6.10M | $8.20M | $4.30M | $5.40M | $6.20M | $6.90M | $6.00M |
| Selling General & Admin | $109.90M | $90.90M | $93.60M | $96.80M | $118.70M | $91.90M | $101.40M | $112.20M | $129.00M | $108.10M | $110.30M | $102.90M | $132.90M | $106.30M |
| Operating Income | $76.60M | $-33.50M | $30.30M | $5.10M | $48.60M | $7.50M | $23.60M | $17.70M | $44.00M | $-17.10M | $100.00K | $49.90M | $50.00M | $-8.00M |
| Operating Margin % | 13.3% | -7.3% | 6.3% | 1.2% | 8.9% | 1.5% | 4.9% | 3.6% | 7.9% | -3.7% | 0.0% | 9.7% | 9.0% | -1.7% |
| Interest Expense | $-11.30M | $18.20M | $8.20M | $8.20M | $11.70M | $7.90M | $7.90M | $7.90M | $7.90M | $7.80M | $7.50M | $7.60M | $7.80M | $7.90M |
| Other Income/Expense | $-17.10M | $-241.20M | $-22.10M | $-16.90M | $18.90M | $-8.20M | $-9.40M | $-142.10M | $-176.70M | $-3.60M | $-16.70M | $-196.90M | $-16.20M | $-23.30M |
| Income Before Tax | $40.70M | $-292.90M | - | $-20.00M | $59.30M | $-8.60M | $6.30M | $-132.30M | $-140.60M | $-28.50M | $-24.10M | $-154.60M | $26.00M | $-39.20M |
| Income Tax Expense | $20.90M | $16.30M | $20.00M | $10.60M | $28.80M | $53.30M | $18.80M | $17.00M | $23.60M | $20.40M | $15.40M | $19.90M | $17.20M | $700.00K |
| Net Income | $18.70M | $-308.90M | $-20.10M | $-29.50M | $30.00M | $-61.90M | $-12.00M | $-149.50M | $-165.30M | $-50.00M | $-40.00M | $-175.40M | $8.50M | $-40.10M |
| Net Margin % | 3.3% | -67.1% | -4.2% | -6.8% | 5.5% | -12.5% | -2.5% | -30.6% | -29.6% | -10.8% | -8.4% | -34.0% | 1.5% | -8.7% |
| Basic EPS | 0.27 | -4.33 | -0.28 | -0.42 | 0.44 | -0.89 | -0.17 | -2.18 | -2.42 | -0.73 | -0.59 | -2.58 | 0.12 | -0.59 |
| Diluted EPS | 0.27 | -4.33 | -0.28 | -0.42 | 0.44 | -0.89 | -0.17 | -2.18 | -2.42 | -0.73 | -0.59 | -2.58 | 0.12 | -0.59 |
| 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 | $413.90M | $321.90M | $300.80M | $393.10M | $376.50M | $373.70M | $344.90M | $382.80M | $387.70M | $385.00M | $423.20M | $391.90M | $391.80M | $351.40M |
| Inventory | $13.80M | $18.20M | $27.80M | $21.60M | $16.40M | $20.10M | $16.50M | $15.90M | $15.30M | $15.60M | $21.00M | $15.90M | $14.90M | $12.40M |
| Other Current Assets | $127.70M | $105.90M | $97.30M | $91.70M | $106.30M | $93.10M | $96.50M | $95.90M | $101.80M | $88.10M | $112.60M | $108.90M | $92.30M | $83.70M |
| Total Current Assets | $1.00B | $865.60M | $895.70M | $950.00M | $982.40M | $947.10M | $907.90M | $920.30M | $971.00M | $891.70M | $950.50M | $977.70M | $930.40M | $878.40M |
| Property Plant & Equipment | $53.10M | $54.20M | $56.60M | $56.40M | $57.10M | $58.10M | $60.20M | $60.40M | $64.30M | $70.90M | $73.70M | $73.30M | $75.90M | $77.70M |
| Goodwill | $193.80M | $193.80M | $248.90M | $248.20M | $247.90M | $248.50M | $287.20M | $287.30M | $287.40M | $287.10M | $287.30M | $287.20M | $287.10M | $286.20M |
| Intangible Assets | $31.20M | $32.30M | $33.40M | $34.40M | $35.50M | $36.60M | $38.10M | $40.30M | $42.70M | $45.10M | $47.50M | $49.90M | $52.40M | $54.80M |
| Other Non-current Assets | $160.00M | $174.20M | $175.90M | $158.30M | $185.70M | $172.20M | $177.20M | $183.90M | $200.90M | $199.90M | $175.20M | $171.70M | $190.40M | $151.50M |
| Total Assets | $1.85B | $1.74B | $1.80B | $1.84B | $1.87B | $1.86B | $1.87B | $1.89B | $1.97B | $1.97B | $2.03B | $2.07B | $2.07B | $2.06B |
| Accounts Payable | $81.20M | $112.40M | $92.70M | $103.00M | $97.90M | $119.90M | $150.20M | $143.10M | $130.90M | $140.10M | $150.40M | $151.10M | $160.80M | $157.30M |
| Deferred Revenue | $228.50M | $185.30M | $220.20M | $221.90M | $210.40M | $185.00M | $190.40M | $190.90M | $198.60M | $202.00M | $219.80M | $231.60M | $200.70M | $206.20M |
| Other Current Liabilities | $333.50M | $255.00M | $221.20M | $236.50M | $314.70M | $272.70M | $244.40M | $246.20M | $308.40M | $285.00M | $256.30M | $254.10M | $271.60M | $261.00M |
| Total Current Liabilities | $655.90M | $564.40M | $539.80M | $567.90M | $628.00M | $585.30M | $592.20M | $590.20M | $650.90M | $639.80M | $641.00M | $652.80M | $650.50M | $642.00M |
| Long-term Debt | $700.50M | $723.20M | $692.70M | $488.30M | $488.20M | $488.50M | $489.20M | $488.40M | $491.20M | $487.00M | $488.50M | $490.10M | $495.70M | $498.40M |
| Other Non-current Liabilities | $80.60M | $82.50M | $77.70M | $76.20M | $71.30M | $69.00M | $41.30M | $44.90M | $44.00M | $54.50M | $33.10M | $31.30M | $31.00M | $40.80M |
| Common Stock | $800.00K | $800.00K | $800.00K | $800.00K | $800.00K | $800.00K | $800.00K | $800.00K | $700.00K | $700.00K | $700.00K | $700.00K | $700.00K | $700.00K |
| Retained Earnings | $-2.48B | $-2.50B | $-2.19B | $-2.17B | $-2.14B | $-2.17B | $-2.11B | $-2.10B | $-1.95B | $-1.78B | $-1.73B | $-1.69B | $-1.51B | $-1.52B |
| Treasury Stock | - | - | - | - | - | - | - | - | - | - | - | - | $156.00M | - |
| Total Stockholders Equity | $-282.60M | $-300.20M | $-221.50M | $-267.80M | $-283.40M | $-202.20M | $-174.10M | $-158.60M | $-151.80M | $-32.40M | $11.40M | $16.70M | $-14.70M | $-184.10M |
| Total Liabilities & Equity | $1.85B | $1.74B | $1.80B | $1.84B | $1.87B | $1.86B | $1.87B | $1.89B | $1.97B | $1.97B | $2.03B | $2.07B | $2.07B | $2.06B |
| 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 | $18.70M | $-308.90M | $-20.10M | $-29.50M | $30.00M | $-61.90M | $-12.00M | $-149.50M | $-165.30M | $-50.00M | $-40.00M | $-175.40M | $8.50M | $-40.10M |
| Depreciation & Amortization | $5.90M | $17.60M | $12.00M | $6.40M | $6.30M | $18.00M | $12.10M | $6.20M | $8.20M | $20.90M | $13.70M | $9.20M | $20.90M | $29.30M |
| Stock-based Compensation | $2.90M | $12.20M | $9.70M | $6.80M | $5.00M | $16.20M | $11.40M | $6.70M | $4.30M | $12.90M | $8.90M | $4.70M | $4.80M | $15.20M |
| Deferred Income Tax | $3.30M | $4.40M | $1.40M | $-10.10M | $2.10M | $33.50M | $100.00K | $-400.00K | $10.00M | $14.50M | $9.30M | $6.30M | $-1.80M | $-6.50M |
| Change in Inventory | $-4.30M | $1.30M | $11.10M | $5.00M | $-3.20M | $4.90M | $1.70M | $800.00K | $-600.00K | $600.00K | $5.70M | $800.00K | $2.40M | $5.60M |
| Operating Cash Flow | $104.90M | $-244.90M | $-282.90M | $33.30M | $76.60M | $58.50M | $26.50M | $23.80M | $23.00M | $51.20M | $55.30M | $12.80M | $34.90M | $-22.20M |
| Capital Expenditure | $7.60M | $22.40M | $16.80M | $8.90M | $5.00M | $11.00M | $7.30M | $2.20M | $5.90M | $15.40M | $11.90M | $7.30M | $9.50M | $21.50M |
| Acquisitions | - | - | - | - | - | - | - | - | $1.20M | - | - | - | - | $300.00K |
| Purchases of Investments | - | - | - | - | - | - | - | - | $710.40M | $2.03B | $1.47B | $821.00M | $881.00M | $2.50B |
| Investing Cash Flow | $-10.20M | $-21.60M | $-10.00M | $-20.30M | $-43.40M | $-54.00M | $-46.80M | $-18.80M | $-23.30M | $-46.30M | $-23.50M | $-11.50M | $-7.00M | $-124.40M |
| Debt Repayment | $2.10M | $490.00M | $488.60M | $1.30M | $3.60M | $11.80M | $10.10M | $6.10M | $3.20M | $13.70M | $10.60M | $7.20M | $3.20M | $14.60M |
| Financing Cash Flow | $-2.10M | $188.10M | $190.30M | $-4.00M | $-4.40M | $-13.70M | $-11.90M | $-7.70M | $-3.20M | $-14.10M | $-11.00M | $-7.60M | $-3.20M | $-18.40M |
| Net Change in Cash | $91.20M | $-60.10M | $-81.60M | $16.90M | $8.90M | $-15.00M | $-44.00M | $-6.20M | $2.80M | $-8.80M | $29.50M | $-2.20M | $37.70M | $-195.60M |
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 | $460.20M | - | $1.38B | - |
| Cost of Revenue | $343.00M | - | $1.02B | - |
| Operating Expenses | $493.70M | - | $1.37B | - |
| Research & Development | $4.80M | - | $16.50M | - |
| Selling General & Admin | $90.90M | - | $281.30M | - |
| Operating Income | $-33.50M | - | $1.90M | - |
| Interest Expense | $18.20M | - | $34.60M | - |
| Other Income/Expense | $-241.20M | - | $-280.20M | - |
| Income Before Tax | $-292.90M | - | $-312.90M | - |
| Income Tax Expense | $16.30M | - | $46.90M | - |
| Net Income | $-308.90M | $-12.50M | $-358.50M | - |
| Basic EPS | -4.33 | - | -5.06 | - |
| Diluted EPS | -4.33 | - | -5.06 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $321.90M | $376.50M |
| Inventory | $18.20M | $16.40M |
| Other Current Assets | $105.90M | $103.20M |
| Total Current Assets | $865.60M | $979.30M |
| Property Plant & Equipment | $54.20M | $57.10M |
| Goodwill | $193.80M | $247.90M |
| Intangible Assets | $32.30M | $35.50M |
| Other Non-current Assets | $174.20M | $181.60M |
| Total Assets | $1.74B | $1.87B |
| Accounts Payable | $112.40M | $97.90M |
| Deferred Revenue | $185.30M | $210.40M |
| Other Current Liabilities | $255.00M | $314.70M |
| Total Current Liabilities | $564.40M | $628.00M |
| Long-term Debt | $723.20M | $488.20M |
| Other Non-current Liabilities | $82.50M | $71.30M |
| Common Stock | $800.00K | $800.00K |
| Retained Earnings | $-2.50B | $-2.14B |
| Total Stockholders Equity | $-300.20M | $-283.40M |
| Total Liabilities & Equity | $1.74B | $1.87B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-308.90M | $-12.50M | $-358.50M | - |
| Depreciation & Amortization | - | - | $17.60M | - |
| Stock-based Compensation | - | - | $12.20M | - |
| Deferred Income Tax | - | - | $4.40M | - |
| Change in Inventory | - | - | $1.30M | - |
| Operating Cash Flow | - | - | $-244.90M | - |
| Capital Expenditure | - | - | $22.40M | - |
| Investing Cash Flow | - | - | $-21.60M | - |
| Debt Repayment | - | - | $490.00M | - |
| Financing Cash Flow | - | - | $188.10M | - |
| Net Change in Cash | - | - | $-60.10M | - |
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.