$2.49B
Revenue
$290.15M
Net Income
22.98%
Gross Margin
16.30%
Op. Margin
$568.68M
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 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.49B | $2.49B | $2.12B | $1.97B | $1.77B | $1.43B | $1.13B | $1.04B | $957.96M | $690.12M | $623.60M |
| Revenue Growth % | 0.0% | 17.7% | 7.3% | 11.5% | 24.0% | 26.7% | 8.5% | 8.3% | 38.8% | 10.7% | nan% |
| Cost of Revenue | $1.92B | $1.92B | $1.69B | $1.63B | $1.49B | $1.24B | $1.02B | $927.34M | $868.87M | $648.07M | $595.94M |
| Gross Profit | $572.31M | $572.31M | $426.12M | $337.64M | $274.57M | $191.37M | $107.79M | $110.33M | $89.09M | $42.06M | $27.65M |
| Gross Margin % | 23.0% | 23.0% | 20.1% | 17.1% | 15.5% | 13.4% | 9.6% | 10.6% | 9.3% | 6.1% | 4.4% |
| Operating Income | $405.92M | $405.92M | $264.62M | $205.79M | $159.87M | $94.89M | $37.75M | $42.61M | $26.18M | $-4.73M | $-14.39M |
| Operating Margin % | 16.3% | 16.3% | 12.5% | 10.4% | 9.0% | 6.6% | 3.4% | 4.1% | 2.7% | -0.7% | -2.3% |
| Interest Expense | - | $17.84M | $23.38M | $27.01M | $19.32M | $26.94M | $11.57M | $10.83M | $9.80M | $2.63M | $2.89M |
| Income Tax Expense | $98.75M | $98.75M | $87.36M | $47.77M | $41.71M | $22.47M | $-26.22M | $1.74M | $118.00K | $88.00K | $7.00K |
| Net Income | $290.15M | $290.15M | $257.46M | $138.66M | $106.46M | $42.31M | $40.70M | $29.54M | $11.62M | $-9.24M | $-20.40M |
| Net Margin % | 11.7% | 11.7% | 12.2% | 7.0% | 6.0% | 3.0% | 3.6% | 2.8% | 1.2% | -1.3% | -3.3% |
| Basic EPS | 9.50 | 9.50 | 8.35 | 4.51 | 3.53 | 1.52 | 1.50 | 0.94 | 0.44 | -0.40 | -2.02 |
| Diluted EPS | 9.38 | 9.38 | 8.27 | 4.44 | 3.48 | 1.50 | 1.47 | 0.93 | 0.43 | -0.40 | -2.02 |
| Basic Shares Outstanding | - | 30.5M | 30.8M | 30.8M | 30.2M | 27.9M | 26.7M | 26.9M | 26.3M | 23.1M | 19.4M |
| Diluted Shares Outstanding | - | 30.9M | 31.1M | 31.2M | 30.6M | 28.2M | 27.1M | 27.2M | 26.7M | 23.1M | 19.4M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
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) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $390.72M | $664.20M | $471.56M | $181.54M | $66.19M | $45.73M | $94.09M | $83.95M | $42.78M | $4.43M |
| Accounts Receivable | - | - | $252.44M | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | $3.16M | $4.62M | $3.71M | $2.54M |
| Other Current Assets | $35.24M | $17.38M | $17.88M | $29.14M | $16.31M | $11.79M | $8.07M | $7.53M | $5.45M | $6.01M |
| Total Current Assets | $1.03B | $1.02B | $847.98M | $597.25M | $361.54M | $357.52M | $302.62M | $278.53M | $175.91M | $134.92M |
| Property Plant & Equipment | - | - | - | - | - | $116.03M | $52.00M | $54.41M | $68.13M | $73.47M |
| Goodwill | $585.22M | $264.60M | $281.12M | $262.69M | $192.01M | $191.89M | $85.23M | $85.23M | $54.82M | $54.82M |
| Intangible Assets | $554.70M | $316.39M | $328.40M | $299.12M | $244.89M | $256.32M | $42.42M | $44.82M | - | - |
| Other Non-current Assets | $17.20M | $17.04M | $18.81M | $7.65M | $3.25M | $183.00K | $309.00K | $317.00K | $2.97M | $4.07M |
| Total Assets | $2.63B | $2.02B | $1.78B | $1.44B | $952.69M | $961.94M | $482.57M | $463.30M | $301.82M | $267.28M |
| Accounts Payable | $226.81M | $130.42M | $145.97M | $121.89M | $95.20M | $137.59M | $99.43M | $97.46M | $67.10M | $58.96M |
| Accrued Liabilities | - | - | - | - | - | - | $4.68M | $9.35M | $6.15M | $3.90M |
| Deferred Revenue | $652.36M | $508.85M | $444.16M | $239.30M | $114.02M | $85.01M | $62.41M | $62.37M | - | - |
| Other Current Liabilities | $46.80M | $19.00M | $14.12M | $8.97M | $9.63M | $6.39M | $4.68M | - | - | - |
| Total Current Liabilities | $1.02B | $741.96M | $678.17M | $446.61M | $321.88M | $293.50M | $179.17M | $182.29M | $146.59M | $104.65M |
| Long-term Debt | $275.90M | $289.90M | $315.00M | $398.74M | $291.25M | $390.63M | $79.12M | $86.16M | $1.55M | $16.11M |
| Deferred Tax Liabilities | $123.14M | $109.36M | $76.76M | $51.66M | - | - | $1.45M | - | - | - |
| Other Non-current Liabilities | $65.71M | $16.62M | $16.57M | $5.12M | $10.58M | $619.00K | $1.23M | - | - | - |
| Total Liabilities | $1.53B | $1.19B | $1.15B | $963.82M | $683.97M | $740.73M | $310.31M | - | - | - |
| Common Stock | $315.00K | $312.00K | $309.00K | $306.00K | $283.00K | $283.00K | $271.00K | $271.00K | $250.00K | $198.00K |
| Retained Earnings | $872.65M | $582.50M | $325.03M | $186.38M | $17.27M | $-25.03M | $-64.93M | $-90.12M | $-101.74M | $-92.50M |
| Treasury Stock | $130.55M | $63.12M | - | - | $1.45M | $6.14M | $4.73M | - | - | - |
| Total Stockholders Equity | $1.11B | $808.08M | $618.91M | $474.60M | $267.27M | $219.92M | $164.40M | $141.33M | $107.43M | $95.84M |
| Total Liabilities & Equity | $2.63B | $2.02B | $1.78B | $1.44B | $952.69M | $961.94M | $482.57M | $463.30M | $301.82M | $267.28M |
| 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 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $329.63M | $290.15M | $257.46M | $138.66M | $106.46M | $42.31M | $40.70M | $29.54M | $11.62M | $-9.24M | $-20.40M |
| Depreciation & Amortization | $128.72M | $77.11M | $68.41M | $57.40M | $52.07M | $32.78M | $20.74M | $16.77M | $16.99M | $15.70M | $16.24M |
| Stock-based Compensation | $43.14M | $24.18M | $19.00M | $14.62M | $12.73M | $11.64M | $3.79M | $3.06M | $2.84M | $1.81M | $1.60M |
| Deferred Income Tax | - | $13.64M | $28.70M | $12.70M | - | $19.44M | $-27.40M | $1.45M | - | - | - |
| Change in Working Capital | $-22.28M | $-9.36M | $-199.82M | $-252.53M | $-29.45M | $-10.25M | $3.90M | $14.02M | $14.38M | - | - |
| Change in Receivables | - | - | - | - | - | - | - | $11.09M | $29.92M | $2.02M | - |
| Change in Inventory | - | - | - | - | - | - | - | - | $-305.00K | $1.17M | $-4.87M |
| Change in Payables | - | $33.11M | $-9.34M | $10.31M | - | - | - | $1.97M | $13.58M | $8.14M | $-7.83M |
| Operating Cash Flow | $695.18M | $439.99M | $497.10M | $478.58M | $219.12M | $119.28M | $41.09M | $39.47M | $23.01M | $43.92M | $8.68M |
| Capital Expenditure | $126.50M | $77.31M | $80.95M | $64.38M | $60.91M | $32.86M | $15.40M | $13.17M | $9.42M | $10.89M | $8.09M |
| Acquisitions | $558.05M | $482.33M | $11.22M | $51.18M | $18.00M | - | $396.32M | - | $54.86M | - | - |
| Investing Cash Flow | $-672.61M | $-551.92M | $-185.85M | $-87.75M | $-89.75M | $-30.49M | $-410.39M | $-11.38M | $-55.90M | $-8.17M | $-4.49M |
| Debt Repayment | $48.74M | $24.86M | $26.54M | $93.49M | $23.37M | $77.75M | $87.62M | $11.55M | $4.71M | - | $3.22M |
| Stock Issued | - | - | - | - | - | - | - | - | - | $19.14M | - |
| Stock Repurchased | $161.89M | $74.20M | $70.60M | - | - | - | $3.20M | $4.73M | - | - | - |
| Financing Cash Flow | $-286.42M | $-161.54M | $-118.62M | $-104.53M | $-32.79M | $-68.34M | $320.93M | $-17.95M | $74.06M | $2.61M | $-22.61M |
| Net Change in Cash | $-263.84M | $-273.47M | $192.63M | $286.30M | $96.57M | $20.45M | $-48.36M | $10.14M | $41.17M | $38.36M | $-18.42M |
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 | $689.02M | - | $1.73B | - |
| Cost of Revenue | $518.80M | - | $1.33B | - |
| Gross Profit | $170.22M | - | $408.20M | - |
| Operating Income | $125.31M | - | $285.95M | - |
| Income Tax Expense | $30.52M | - | $72.96M | - |
| Net Income | $92.09M | $54.57M | $202.56M | - |
| Basic EPS | 3.02 | - | 6.64 | - |
| Diluted EPS | 2.97 | - | 6.56 | - |
| Basic Shares Outstanding | $30.52M | - | $30.49M | - |
| Diluted Shares Outstanding | $30.96M | - | $30.88M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $306.39M | $664.20M |
| Other Current Assets | $52.76M | $17.38M |
| Total Current Assets | $963.15M | $1.02B |
| Goodwill | $580.56M | $264.60M |
| Intangible Assets | $561.72M | $316.39M |
| Other Non-current Assets | $16.06M | $17.04M |
| Total Assets | $2.56B | $2.02B |
| Accounts Payable | $198.32M | $130.42M |
| Deferred Revenue | $616.27M | $508.85M |
| Other Current Liabilities | $54.03M | $19.00M |
| Total Current Liabilities | $966.79M | $741.96M |
| Long-term Debt | $279.48M | $289.90M |
| Deferred Tax Liabilities | $118.62M | $109.36M |
| Other Non-current Liabilities | $68.80M | $16.62M |
| Total Liabilities | $1.48B | $1.19B |
| Common Stock | $315.00K | $312.00K |
| Retained Earnings | $785.05M | $582.50M |
| Treasury Stock | $103.75M | $63.12M |
| Total Stockholders Equity | $1.05B | $808.08M |
| Total Liabilities & Equity | $2.56B | $2.02B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $92.09M | $54.57M | $202.56M | - |
| Depreciation & Amortization | - | - | $54.53M | - |
| Stock-based Compensation | - | - | $18.24M | - |
| Change in Working Capital | - | - | $49.42M | - |
| Operating Cash Flow | - | - | $253.94M | - |
| Capital Expenditure | - | - | $50.92M | - |
| Acquisitions | - | - | $484.16M | - |
| Investing Cash Flow | - | - | $-531.07M | - |
| Debt Repayment | - | - | $21.07M | - |
| Stock Repurchased | - | - | $48.55M | - |
| Financing Cash Flow | - | - | $-80.67M | - |
| Net Change in Cash | - | - | $-357.80M | - |
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.