$1.65B
Revenue
$118.00M
Net Income
58.99%
Gross Margin
11.51%
Op. Margin
$337.00M
Free Cash Flow
| Breakdown | 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 | $416.00M | $408.00M | $418.00M | $409.00M | $440.00M | $436.00M |
| Revenue Growth % (YoY) | -5.5% | -6.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $163.00M | $178.00M | $170.00M | $166.00M | $174.00M | $171.00M |
| Gross Profit | $253.00M | $230.00M | $248.00M | $243.00M | $266.00M | $265.00M |
| Gross Margin % | 60.8% | 56.4% | 59.3% | 59.4% | 60.5% | 60.8% |
| Operating Expenses | $192.00M | $206.00M | $182.00M | $204.00M | $210.00M | $199.00M |
| Research & Development | $70.00M | $71.00M | $66.00M | $68.00M | $73.00M | $68.00M |
| Selling General & Admin | $122.00M | $135.00M | $116.00M | $136.00M | $137.00M | $131.00M |
| Operating Income | $61.00M | $24.00M | $66.00M | $39.00M | $56.00M | $66.00M |
| Operating Margin % | 14.7% | 5.9% | 15.8% | 9.5% | 12.7% | 15.1% |
| Interest Expense | $7.00M | $6.00M | $7.00M | $7.00M | $7.00M | $7.00M |
| Other Income/Expense | $-2.00M | $-7.00M | $-4.00M | $-4.00M | $-5.00M | $-6.00M |
| Income Before Tax | $54.00M | $13.00M | $58.00M | $30.00M | $47.00M | $55.00M |
| Income Tax Expense | $14.00M | $4.00M | $14.00M | $5.00M | $15.00M | $18.00M |
| Net Income | $40.00M | $9.00M | $44.00M | $25.00M | $32.00M | $37.00M |
| Net Margin % | 9.6% | 2.2% | 10.5% | 6.1% | 7.3% | 8.5% |
| Basic EPS | 0.42 | 0.09 | 0.46 | 0.26 | 0.33 | 0.38 |
| Diluted EPS | 0.42 | 0.09 | 0.45 | 0.25 | 0.33 | 0.38 |
| Basic Shares Outstanding | 94.2M | 95.3M | 95.1M | -300K | 96.1M | 96.5M |
| Diluted Shares Outstanding | 95.5M | 96.0M | 97.4M | -100K | 97.0M | 97.4M |
| Breakdown | 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 | $406.00M | $369.00M | $368.00M | $420.00M | $348.00M | $301.00M |
| Accounts Receivable | $309.00M | $293.00M | $307.00M | $234.00M | $247.00M | $248.00M |
| Inventory | $5.00M | $5.00M | $13.00M | $18.00M | $16.00M | $22.00M |
| Other Current Assets | $91.00M | $90.00M | $103.00M | $77.00M | $92.00M | $94.00M |
| Total Current Assets | $811.00M | $757.00M | $791.00M | $749.00M | $703.00M | $665.00M |
| Goodwill | $399.00M | $400.00M | $396.00M | $394.00M | $399.00M | $395.00M |
| Intangible Assets | $35.00M | $37.00M | $40.00M | $46.00M | $49.00M | $52.00M |
| Other Non-current Assets | $94.00M | $98.00M | $97.00M | $96.00M | $85.00M | $88.00M |
| Total Assets | $1.76B | $1.74B | $1.75B | $1.70B | $1.66B | $1.62B |
| Accounts Payable | $100.00M | $115.00M | $100.00M | $106.00M | $85.00M | $85.00M |
| Deferred Revenue | $527.00M | $521.00M | $550.00M | $512.00M | $482.00M | $529.00M |
| Other Current Liabilities | $99.00M | $89.00M | $128.00M | $115.00M | $114.00M | $99.00M |
| Total Current Liabilities | $906.00M | $898.00M | $946.00M | $930.00M | $875.00M | $889.00M |
| Long-term Debt | $437.00M | $443.00M | $449.00M | $455.00M | $461.00M | $467.00M |
| Deferred Tax Liabilities | $10.00M | $10.00M | $10.00M | $9.00M | $8.00M | $7.00M |
| Other Non-current Liabilities | $21.00M | $39.00M | $25.00M | $28.00M | $38.00M | $29.00M |
| Total Liabilities | $1.54B | $1.56B | $1.59B | $1.57B | $1.53B | $1.55B |
| Common Stock | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M |
| Retained Earnings | $-1.92B | $-1.93B | $-1.91B | $-1.91B | $-1.91B | $-1.92B |
| Total Stockholders Equity | $219.00M | $176.00M | $158.00M | $133.00M | $125.00M | $75.00M |
| Total Liabilities & Equity | $1.76B | $1.74B | $1.75B | $1.70B | $1.66B | $1.62B |
| Breakdown | 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 | $40.00M | $53.00M | $44.00M | $25.00M | $89.00M | $37.00M |
| Depreciation & Amortization | $67.00M | $43.00M | $20.00M | $22.00M | $78.00M | $53.00M |
| Stock-based Compensation | $82.00M | $53.00M | $22.00M | $27.00M | $92.00M | $63.00M |
| Deferred Income Tax | $24.00M | $4.00M | $10.00M | $-16.00M | $5.00M | $8.00M |
| Change in Receivables | $75.00M | $59.00M | $73.00M | $-13.00M | $-39.00M | $-38.00M |
| Change in Inventory | $-13.00M | $-13.00M | $-5.00M | $2.00M | $3.00M | $9.00M |
| Operating Cash Flow | $145.00M | $51.00M | $8.00M | $156.00M | $147.00M | $70.00M |
| Capital Expenditure | $10.00M | $5.00M | $1.00M | $7.00M | $17.00M | $9.00M |
| Investing Cash Flow | $-12.00M | $-6.00M | $-1.00M | $-9.00M | $-23.00M | $-13.00M |
| Debt Repayment | $19.00M | $12.00M | $6.00M | $6.00M | $13.00M | $6.00M |
| Stock Repurchased | $102.00M | $72.00M | $44.00M | $29.00M | $186.00M | $171.00M |
| Financing Cash Flow | $-169.00M | $-119.00M | $-68.00M | $-52.00M | $-254.00M | $-220.00M |
| Net Change in Cash | $-14.00M | $-51.00M | $-52.00M | $73.00M | $-138.00M | $-185.00M |
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 | $416.00M | - | $1.24B | - |
| Cost of Revenue | $163.00M | - | $511.00M | - |
| Gross Profit | $253.00M | - | $731.00M | - |
| Operating Expenses | $192.00M | - | $580.00M | - |
| Research & Development | $70.00M | - | $207.00M | - |
| Selling General & Admin | $122.00M | - | $373.00M | - |
| Operating Income | $61.00M | - | $151.00M | - |
| Interest Expense | $7.00M | - | $20.00M | - |
| Other Income/Expense | $-2.00M | - | $-13.00M | - |
| Income Before Tax | $54.00M | - | $125.00M | - |
| Income Tax Expense | $14.00M | - | $32.00M | - |
| Net Income | $40.00M | $37.00M | $93.00M | - |
| Basic EPS | 0.42 | - | 0.98 | - |
| Diluted EPS | 0.42 | - | 0.96 | - |
| Basic Shares Outstanding | $94.20M | - | $94.90M | - |
| Diluted Shares Outstanding | $95.50M | - | $96.50M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $406.00M | $420.00M |
| Accounts Receivable | $309.00M | $234.00M |
| Inventory | $5.00M | $18.00M |
| Other Current Assets | $91.00M | $77.00M |
| Total Current Assets | $811.00M | $749.00M |
| Goodwill | $399.00M | $394.00M |
| Intangible Assets | $35.00M | $46.00M |
| Other Non-current Assets | $94.00M | $96.00M |
| Total Assets | $1.76B | $1.70B |
| Accounts Payable | $100.00M | $106.00M |
| Deferred Revenue | $527.00M | $512.00M |
| Other Current Liabilities | $99.00M | $115.00M |
| Total Current Liabilities | $906.00M | $930.00M |
| Long-term Debt | $437.00M | $455.00M |
| Deferred Tax Liabilities | $10.00M | $9.00M |
| Other Non-current Liabilities | $21.00M | $28.00M |
| Total Liabilities | $1.54B | $1.57B |
| Common Stock | $1.00M | $1.00M |
| Retained Earnings | $-1.92B | $-1.91B |
| Total Stockholders Equity | $219.00M | $133.00M |
| Total Liabilities & Equity | $1.76B | $1.70B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $40.00M | $37.00M | $93.00M | - |
| Depreciation & Amortization | - | - | $67.00M | - |
| Stock-based Compensation | - | - | $82.00M | - |
| Deferred Income Tax | - | - | $24.00M | - |
| Change in Receivables | - | - | $75.00M | - |
| Change in Inventory | - | - | $-13.00M | - |
| Operating Cash Flow | - | - | $145.00M | - |
| Capital Expenditure | - | - | $10.00M | - |
| Investing Cash Flow | - | - | $-12.00M | - |
| Debt Repayment | - | - | $19.00M | - |
| Stock Repurchased | - | - | $102.00M | - |
| Financing Cash Flow | - | - | $-169.00M | - |
| Net Change in Cash | - | - | $-14.00M | - |
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.