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$2.37B
Revenue
$301.06M
Net Income
37.69%
Gross Margin
13.23%
Op. Margin
$608.68M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2010 - 2025)
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)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $2.37B $2.37B $2.44B $2.17B $1.80B $1.98B $2.17B $2.50B $2.38B $2.02B $2.01B
Revenue Growth % 0.0% -3.0% 12.3% 21.1% -9.4% -8.8% -13.2% 5.3% 17.7% 0.2% nan%
Cost of Revenue $1.48B $1.48B $1.60B $1.46B $1.27B $1.41B $1.57B $1.75B $1.65B $1.34B $1.35B
+ Gross Profit $892.12M $892.12M $839.32M $713.91M $522.19M $573.17M $602.17M $752.32M $730.32M $675.15M $660.32M
Gross Margin % 37.7% 37.7% 34.4% 32.8% 29.1% 28.9% 27.7% 30.1% 30.7% 33.5% 32.8%
Operating Expenses $579.05M $579.05M $575.21M $585.04M $529.63M $652.47M $612.56M $619.64M $780.01M $523.73M $564.11M
Research & Development $207.04M $207.04M $215.03M $208.69M $185.10M $197.24M $194.10M $202.20M $207.91M $169.98M $168.21M
Selling General & Admin $352.96M $352.96M $339.07M $312.78M $290.45M $300.52M $276.92M $346.87M $423.21M $325.26M $319.57M
+ Operating Income $313.07M $313.07M $264.11M $128.87M $-7.44M $-79.30M $-10.39M $132.68M $-49.69M $151.43M $96.21M
Operating Margin % 13.2% 13.2% 10.8% 5.9% -0.4% -4.0% -0.5% 5.3% -2.1% 7.5% 4.8%
Interest Expense $26.71M $13.15M $1.34M $8.35M $6.72M $28.64M $44.00M $52.45M $58.20M $11.58M $10.95M
Interest Income - $48.38M $34.58M $9.31M $2.63M $1.56M $3.00M $1.85M $2.15M $2.13M $865.00K
Other Income/Expense $3.27M $3.27M $1.22M $-2.45M $-4.21M $-17.43M $-5.24M $-9.05M $-3.41M $-7.40M $-1.50M
Income Before Tax $342.27M $342.27M $284.53M $127.39M $-15.74M $-123.81M $-56.64M $73.03M $-109.15M $134.57M $84.63M
Income Tax Expense $38.93M $38.93M $43.41M $29.07M $-6.20M $-45.51M $238.00K $20.62M $-12.57M $74.33M $49.57M
+ Net Income $301.06M $301.06M $239.10M $96.92M $-9.73M $-81.25M $-57.95M $49.01M $-99.25M $57.30M $31.77M
Net Margin % 12.7% 12.7% 9.8% 4.5% -0.5% -4.1% -2.7% 2.0% -4.2% 2.8% 1.6%
Basic EPS 6.61 6.62 5.27 2.13 -0.22 -1.83 -1.44 1.24 -2.53 1.48 0.83
Diluted EPS 6.50 6.50 5.18 2.11 -0.22 -1.83 -1.44 1.23 -2.53 1.45 0.82
Basic Shares Outstanding - 45.5M 45.4M 45.4M 45.1M 44.3M 40.3M 39.6M 39.2M 38.7M 38.2M
Diluted Shares Outstanding - 46.3M 46.2M 45.8M 45.1M 44.3M 40.3M 40.0M 39.2M 39.4M 38.6M
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)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents $1.02B $1.05B $302.05M $202.01M $162.58M $206.93M $149.90M $120.22M $176.27M $133.56M
Accounts Receivable $342.49M $295.34M $303.82M $280.44M $298.46M $369.83M $472.93M $437.16M $398.03M $351.51M
Inventory $242.89M $270.73M $283.69M $228.70M $165.80M $182.38M $227.90M $220.67M $193.84M $163.05M
Other Current Assets $191.24M $143.46M $159.88M $118.44M $123.09M $171.12M $146.53M $118.08M $81.60M $84.35M
Total Current Assets $1.82B $1.82B $1.05B $829.58M $749.93M $930.26M $997.25M $896.14M $849.74M $732.47M
Property Plant & Equipment $112.19M $115.43M $128.81M $140.12M $163.18M $207.82M $233.23M $226.55M $200.77M $176.46M
Goodwill $1.34B $1.05B $1.05B $1.04B $1.10B $1.13B $1.10B $1.12B $555.76M $452.49M
Intangible Assets $83.34M $43.11M $46.28M $64.94M $92.53M $132.96M $185.10M $257.58M $95.23M $72.15M
Other Non-current Assets $63.35M $41.83M $38.84M $39.90M $42.18M $51.66M $44.69M $45.29M $43.67M $50.13M
Total Assets $3.72B $3.41B $2.60B $2.38B $2.39B $2.61B $2.71B $2.61B $2.11B $1.58B
Accounts Payable $156.29M $144.93M $199.52M $237.18M $193.13M $215.64M $328.13M $309.95M $262.17M $172.71M
Deferred Revenue $187.82M $150.72M $124.21M $95.57M $82.82M $112.93M $99.56M $93.62M $41.44M $64.98M
Other Current Liabilities $58.86M $61.24M $54.41M $42.87M $81.25M $72.59M $63.78M $70.14M $56.74M $43.62M
Total Current Liabilities $1.01B $528.26M $537.24M $498.57M $501.34M $549.90M $671.39M $652.71M $507.78M $413.05M
Long-term Debt $1.26B $1.24B $454.83M $452.53M $450.23M $902.58M $932.48M $988.18M $593.57M $290.46M
Deferred Tax Liabilities $623.00K $565.00K $697.00K $833.00K $2.00M $1.92M $1.81M - - -
Other Non-current Liabilities $91.89M $132.22M $176.03M $124.89M $138.67M $113.01M $118.98M $127.74M $88.21M $117.95M
Total Liabilities $1.98B $2.00B $1.27B $1.19B $1.25B $1.77B $1.91B $1.87B $1.30B $927.46M
Common Stock $1.66B $1.69B $1.82B $1.79B $1.78B $1.39B $1.36B $1.33B $1.29B $1.27B
Retained Earnings $111.75M $-189.30M $-428.41M $-525.33M $-515.60M $-434.35M $-376.39M $-425.40M $-337.87M $-409.54M
Total Stockholders Equity $1.72B $1.39B $1.31B $1.17B $1.12B $816.55M $776.54M $712.66M $786.42M $631.60M
Total Liabilities & Equity $3.72B $3.41B $2.60B $2.38B $2.39B $2.61B $2.71B $2.61B $2.11B $1.58B
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)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $301.06M $301.06M $239.10M $96.92M $-9.73M $-81.25M $-57.95M $49.01M $-99.25M $57.30M $31.77M
Depreciation & Amortization $49.52M $49.52M $56.28M $55.76M $66.76M $84.15M $97.29M $114.40M $122.50M $63.22M $68.32M
Stock-based Compensation $112.40M $62.45M $43.87M $28.36M $21.88M $23.62M $25.05M $26.96M $31.26M $21.41M $18.04M
Deferred Income Tax - $59.73M $-37.19M $-35.12M - - - - - - -
Change in Receivables $-20.99M $4.21M $49.14M $19.49M $-5.06M $-60.24M $-108.26M $39.47M $-15.52M $17.57M $27.16M
Change in Inventory $-15.17M $-32.68M $-5.97M $52.12M $68.12M $3.72M $-35.40M $9.39M $25.61M $16.24M $-22.34M
Operating Cash Flow $646.87M $405.95M $238.18M $124.97M $24.50M $154.79M $109.51M $172.84M $109.75M $191.35M -
Capital Expenditure $38.19M $22.89M $30.56M $26.88M $19.75M $34.68M $46.21M $60.75M $59.95M $49.49M $43.54M
Acquisitions $325.04M $325.04M $34.10M - $-23.00K $8.67M - - $803.08M $99.39M $951.00K
Investing Cash Flow $-364.94M $-349.65M $-63.41M $-23.31M $40.52M $-34.88M $-41.04M $-48.18M $-862.66M $-148.18M -
Debt Repayment - - - - - $946.09M $414.06M $137.66M $363.36M $29.06M $79.12M
Stock Issued $14.95M $7.32M $8.32M $3.67M $3.45M $5.08M $8.89M $24.39M $9.17M $3.61M $2.89M
Stock Repurchased - $100.00M $100.00M - $16.97M $8.03M - $25.00M - - -
Financing Cash Flow $-90.95M $-97.46M $579.57M $-3.51M $-18.74M $-152.89M $-11.58M $-97.52M $395.82M $301.96M -
Net Change in Cash $214.21M $-30.84M $749.19M $100.04M $39.43M $-44.35M $57.03M $27.58M $-365.01M $353.77M $2.55M
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 $581.62M - $1.80B -
Cost of Revenue $362.08M - $1.14B -
Gross Profit $219.54M - $660.38M -
Operating Expenses $137.76M - $425.97M -
Research & Development $50.03M - $153.93M -
Selling General & Admin $83.14M - $257.67M -
Operating Income $81.78M - $234.41M -
Interest Expense $5.65M - $12.79M -
Other Income/Expense $996.00K - $1.36M -
Income Before Tax $90.70M - $256.46M -
Income Tax Expense $24.48M - $56.14M -
Net Income $65.61M $51.86M $199.43M -
Basic EPS 1.43 - 4.38 -
Diluted EPS 1.41 - 4.30 -
Basic Shares Outstanding $45.75M - $45.57M -
Diluted Shares Outstanding $46.66M - $46.41M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.33B $1.05B
Accounts Receivable $369.51M $350.47M
Inventory $255.28M $270.73M
Other Current Assets $187.30M $143.46M
Total Current Assets $2.14B $1.82B
Property Plant & Equipment $111.99M $115.43M
Goodwill $1.09B $1.05B
Intangible Assets $30.00M $43.11M
Other Non-current Assets $44.21M $41.83M
Total Assets $3.71B $3.41B
Accounts Payable $145.32M $144.93M
Deferred Revenue $184.22M $150.72M
Other Current Liabilities $59.71M $61.24M
Total Current Liabilities $987.37M $528.26M
Long-term Debt $787.91M $1.24B
Deferred Tax Liabilities $808.00K $565.00K
Other Non-current Liabilities $125.27M $132.22M
Total Liabilities $2.00B $2.00B
Common Stock $1.75B $1.69B
Retained Earnings $10.12M $-189.30M
Total Stockholders Equity $1.69B $1.39B
Total Liabilities & Equity $3.71B $3.41B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $65.61M $51.86M $199.43M -
Depreciation & Amortization $12.04M - $36.22M -
Stock-based Compensation - - $47.82M -
Change in Receivables - - $12.13M -
Change in Inventory - - $-19.83M -
Operating Cash Flow - - $286.63M -
Capital Expenditure - - $15.08M -
Acquisitions - - - -
Investing Cash Flow - - $-16.79M -
Stock Issued - - $6.33M -
Stock Repurchased - - - -
Financing Cash Flow - - $1.84M -
Net Change in Cash - - $280.71M -

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.

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