$477.23M
Revenue
$-3.85B
Net Income
68.69%
Gross Margin
-1140.82%
Op. Margin
$-122.71M
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) |
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 | $477.23M | $477.23M | $463.46M | $496.26M | $499.26M | $510.76M | $480.74M | $486.33M | $497.64M | $504.54M | $512.16M |
| Revenue Growth % | 0.0% | 3.0% | -6.6% | -0.6% | -2.3% | 6.2% | -1.1% | -2.3% | -1.4% | -1.5% | nan% |
| Cost of Revenue | $149.42M | $149.42M | $129.47M | $109.94M | $102.99M | $91.91M | $91.06M | $99.97M | $99.50M | $96.65M | $93.15M |
| Gross Profit | $327.82M | $327.82M | $333.99M | $386.32M | $396.27M | $418.85M | $389.68M | $386.35M | $398.14M | $407.89M | $419.01M |
| Gross Margin % | 68.7% | 68.7% | 72.1% | 77.8% | 79.4% | 82.0% | 81.1% | 79.4% | 80.0% | 80.8% | 81.8% |
| Operating Expenses | $5.77B | $5.77B | $2.19B | $501.36M | $1.67B | $1.20B | $403.31M | $387.36M | $394.16M | $333.54M | $311.39M |
| Research & Development | $93.86M | $93.86M | $118.49M | $120.53M | $127.43M | $117.12M | $103.56M | $109.42M | $102.50M | $78.77M | $73.14M |
| Operating Income | $-5.44B | $-5.44B | $-1.85B | $-115.05M | $-1.28B | $-784.53M | $-13.62M | $-1.00M | $3.98M | $74.36M | $107.62M |
| Operating Margin % | -1140.8% | -1140.8% | -399.8% | -23.2% | -255.5% | -153.6% | -2.8% | -0.2% | 0.8% | 14.7% | 21.0% |
| Interest Expense | - | $46.52M | $44.57M | $41.23M | $43.45M | $20.42M | $178.00K | $11.00K | - | - | $2.00K |
| Other Income/Expense | $-16.60M | $-16.60M | $3.51M | $-5.20M | $6.41M | $2.29M | $-7.04M | $28.36M | $4.65M | $-6.95M | $3.22M |
| Income Before Tax | $-5.53B | $-5.53B | $-1.93B | $-124.53M | $-1.32B | $-811.39M | $-19.95M | $38.26M | $20.48M | $72.61M | $113.05M |
| Income Tax Expense | $-1.68B | $-1.68B | $-767.68M | $-553.65M | $147.33M | $-275.91M | $-12.43M | $3.91M | $-2.02M | $54.96M | $22.14M |
| Net Income | $-3.85B | $-3.85B | $-1.17B | $429.12M | $-1.47B | $-535.48M | $-7.52M | $34.35M | $22.50M | $17.64M | $90.91M |
| Net Margin % | -806.3% | -806.3% | -251.7% | 86.5% | -294.4% | -104.8% | -1.6% | 7.1% | 4.5% | 3.5% | 17.7% |
| Basic EPS | nan | -15.23 | -6.06 | 31.39 | -129.83 | -53.44 | -0.78 | 3.35 | 1.98 | 1.54 | 7.96 |
| Diluted EPS | nan | -15.23 | -6.06 | 26.42 | -129.83 | -53.44 | -0.78 | 3.33 | 1.97 | 1.53 | 7.89 |
| Basic Shares Outstanding | 5.5M | 277.7M | 192.5M | 13.7M | 11.3M | 10.0M | 9.7M | 10.3M | 11.4M | 11.4M | 11.4M |
| Diluted Shares Outstanding | -26.3M | 277.7M | 192.5M | 16.6M | 11.3M | 10.0M | 9.7M | 10.3M | 11.4M | 11.5M | 11.5M |
| 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 | $2.30B | $38.12M | $46.82M | $43.84M | $63.36M | $59.67M | $456.73M | $109.92M | $420.24M | $401.98M |
| Short-term Investments | - | - | - | - | - | - | $108.92M | $466.19M | $254.93M | $187.41M |
| Accounts Receivable | $205.75M | $181.20M | $183.81M | $189.28M | $189.28M | $197.46M | $163.52M | $171.36M | $69.50M | $83.32M |
| Other Current Assets | $55.05M | $31.22M | $35.41M | $24.42M | $14.25M | $14.40M | $23.20M | $30.07M | $18.00M | $11.55M |
| Total Current Assets | $2.56B | $252.32M | $267.89M | $264.57M | $267.96M | $272.62M | $753.45M | $778.40M | $763.61M | $684.99M |
| Property Plant & Equipment | $28.86M | $26.33M | $28.94M | $32.31M | $36.59M | $42.98M | $50.15M | $51.92M | $53.36M | $57.44M |
| Total Assets | $61.64B | $25.84B | $4.76B | $2.41B | $3.56B | $1.47B | $916.57M | $855.77M | $835.73M | $768.32M |
| Deferred Revenue | $272.12M | $237.97M | $228.16M | $217.43M | $209.86M | $191.25M | $187.11M | $176.54M | $112.65M | $105.53M |
| Total Current Liabilities | $456.49M | $355.38M | $323.27M | $317.40M | $311.99M | $285.62M | $269.82M | $258.27M | $184.86M | $185.49M |
| Long-term Debt | $8.19B | $7.19B | $2.18B | $2.38B | $2.16B | $486.37M | - | - | - | - |
| Deferred Tax Liabilities | $1.93B | $407.00K | $357.00K | $198.00K | $109.00K | $8.21M | $26.00K | - | - | - |
| Other Non-current Liabilities | $4.74M | $5.38M | $22.21M | $17.12M | $26.22M | $33.38M | $30.40M | $61.26M | $50.15M | $16.45M |
| Total Liabilities | $10.60B | $7.61B | $2.60B | $2.79B | $2.58B | $912.57M | $408.01M | $326.04M | $245.19M | $216.14M |
| Retained Earnings | $6.32B | $-2.17B | $-999.23M | $-1.43B | $41.44M | $575.97M | $583.49M | $549.13M | $511.75M | $494.11M |
| Treasury Stock | - | - | $782.10M | $782.10M | $782.10M | $782.10M | $658.88M | $586.16M | $475.18M | $475.18M |
| Total Stockholders Equity | $44.12B | $18.23B | $2.16B | $-383.12M | $978.96M | $446.19M | $508.56M | $529.73M | $590.54M | $552.18M |
| Total Liabilities & Equity | $61.64B | $25.84B | $4.76B | $2.41B | $3.56B | $1.47B | $916.57M | $855.77M | $835.73M | $768.32M |
| 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 | $-3.85B | $-3.85B | $-1.17B | $429.12M | $-1.47B | $-535.48M | $-7.52M | $34.35M | $22.50M | $17.64M | $90.91M |
| Depreciation & Amortization | $47.78M | $25.52M | $17.81M | $14.53M | $10.87M | $11.36M | $13.33M | $16.70M | $3.70M | $12.57M | $17.20M |
| Stock-based Compensation | $92.75M | $53.37M | $77.12M | $69.57M | $63.62M | $44.13M | $11.15M | $10.21M | $14.64M | $14.27M | $11.82M |
| Deferred Income Tax | - | $-1.68B | $-767.92M | $-568.94M | - | - | - | - | - | - | - |
| Change in Receivables | $-45.91M | $-20.41M | $-5.69M | $-10.31M | $5.29M | $-2.62M | $774.00K | $3.67M | $8.36M | $-15.35M | $16.88M |
| Operating Cash Flow | $-106.93M | $-67.24M | $-53.03M | $12.71M | $3.21M | $93.83M | $53.62M | $60.87M | $10.63M | $78.32M | $110.59M |
| Capital Expenditure | $15.78M | $8.21M | $2.98M | $2.94M | $2.49M | $2.71M | $3.65M | $10.18M | $6.85M | $3.98M | $2.34M |
| Investing Cash Flow | $-44.64B | $-22.51B | $-22.09B | $-1.91B | $-278.59M | $-2.63B | $-1.02B | $353.69M | $-209.06M | $-69.73M | $4.34M |
| Stock Issued | $30.34B | $16.27B | $16.36B | $2.03B | $46.59M | $1.00B | - | - | - | - | - |
| Stock Repurchased | - | - | - | - | - | - | $123.22M | $72.72M | $110.98M | - | - |
| Financing Cash Flow | $47.04B | $24.84B | $22.13B | $1.89B | $265.19M | $2.54B | $563.23M | $-66.15M | $-108.52M | $1.66M | $-1.00M |
| Net Change in Cash | $2.30B | $2.26B | $-8.78M | $-2.19M | $-13.57M | $3.67M | $-397.06M | $347.03M | $-310.40M | $18.47M | $109.75M |
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 | $128.69M | - | $354.25M | - |
| Cost of Revenue | $38.01M | - | $107.73M | - |
| Gross Profit | $90.68M | - | $246.51M | - |
| Operating Expenses | $-3.80B | - | $-11.75B | - |
| Research & Development | $22.60M | - | $71.10M | - |
| Operating Income | $3.89B | - | $12.00B | - |
| Other Income/Expense | $-716.00K | - | $-12.92M | - |
| Income Before Tax | $3.87B | - | $11.93B | - |
| Income Tax Expense | $1.09B | - | $3.35B | - |
| Net Income | $2.79B | $-102.56M | $8.59B | - |
| Basic EPS | 9.30 | - | 30.83 | - |
| Diluted EPS | 8.42 | - | 27.71 | - |
| Basic Shares Outstanding | $284.38M | - | $272.14M | - |
| Diluted Shares Outstanding | $315.39M | - | $303.99M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $54.28M | $38.12M |
| Accounts Receivable | $113.41M | $181.20M |
| Other Current Assets | $44.34M | $31.22M |
| Total Current Assets | $213.95M | $252.32M |
| Property Plant & Equipment | $29.95M | $26.33M |
| Total Assets | $73.62B | $25.84B |
| Deferred Revenue | $200.64M | $237.97M |
| Total Current Liabilities | $324.09M | $355.38M |
| Long-term Debt | $8.17B | $7.19B |
| Deferred Tax Liabilities | $6.95B | $407.00K |
| Other Non-current Liabilities | $4.79M | $5.38M |
| Total Liabilities | $15.50B | $7.61B |
| Retained Earnings | $18.95B | $-2.17B |
| Total Stockholders Equity | $52.33B | $18.23B |
| Total Liabilities & Equity | $73.62B | $25.84B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $2.79B | $-102.56M | $8.59B | - |
| Depreciation & Amortization | - | - | $19.89M | - |
| Stock-based Compensation | - | - | $43.04M | - |
| Change in Receivables | - | - | $-24.32M | - |
| Operating Cash Flow | - | - | $-45.61M | - |
| Capital Expenditure | - | - | $7.63M | - |
| Investing Cash Flow | - | - | $-19.42B | - |
| Stock Issued | - | - | $11.87B | - |
| Financing Cash Flow | - | - | $19.48B | - |
| Net Change in Cash | - | - | $16.30M | - |
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.