$1.35B
Revenue
$22.00M
Net Income
22.86%
Gross Margin
1.90%
Op. Margin
$-273.20M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 28, 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 | $345.10M | $347.60M | $351.50M | $302.60M | $283.10M | $275.90M | $300.10M | $277.20M | $273.80M | $274.60M | $256.90M | $231.80M | $249.30M | $228.60M |
| Revenue Growth % (YoY) | 21.9% | 26.0% | 17.1% | 9.2% | 3.4% | 0.5% | 16.8% | 19.6% | 9.8% | 20.1% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $261.70M | $270.50M | $277.70M | $229.00M | $213.30M | $206.70M | $222.90M | $206.20M | $201.90M | $201.20M | $193.00M | $172.40M | $187.90M | $173.70M |
| Gross Profit | $83.40M | $77.10M | $73.80M | $73.60M | $69.80M | $69.20M | $77.20M | $71.00M | $71.90M | $73.40M | $63.90M | $59.40M | $61.40M | $54.90M |
| Gross Margin % | 24.2% | 22.2% | 21.0% | 24.3% | 24.7% | 25.1% | 25.7% | 25.6% | 26.3% | 26.7% | 24.9% | 25.6% | 24.6% | 24.0% |
| Research & Development | $9.80M | $10.00M | $10.20M | $10.00M | $10.60M | $9.90M | $10.20M | $9.60M | $8.00M | $10.30M | $9.90M | $10.20M | $10.60M | $9.60M |
| Selling General & Admin | $63.50M | $59.80M | $59.90M | $57.00M | $52.50M | $52.60M | $54.50M | $54.40M | $51.80M | $50.90M | $47.30M | $47.80M | $46.20M | $48.50M |
| Operating Income | $8.20M | $7.10M | $3.70M | $6.60M | $3.00M | $6.50M | $12.50M | $7.00M | $11.70M | $12.20M | $6.70M | $500.00K | $4.10M | $-3.60M |
| Operating Margin % | 2.4% | 2.0% | 1.1% | 2.2% | 1.1% | 2.4% | 4.2% | 2.5% | 4.3% | 4.4% | 2.6% | 0.2% | 1.6% | -1.6% |
| Other Income/Expense | $500.00K | $200.00K | $2.10M | $-300.00K | $1.30M | $-700.00K | $100.00K | $-200.00K | $900.00K | $-300.00K | $200.00K | $-300.00K | $1.60M | $-1.10M |
| Income Before Tax | $12.10M | $11.90M | $4.60M | $5.40M | $4.00M | $5.80M | $12.70M | $4.00M | $7.60M | $6.80M | $1.80M | $-5.10M | $900.00K | $-8.80M |
| Income Tax Expense | $6.20M | $3.20M | $1.70M | $900.00K | $100.00K | $2.60M | $4.80M | $2.70M | $2.00M | $3.80M | $2.40M | $700.00K | $6.00M | $-800.00K |
| Net Income | $5.90M | $8.70M | $2.90M | $4.50M | $3.90M | $3.20M | $7.90M | $1.30M | $2.40M | $-1.60M | $-2.70M | $-7.00M | $-8.30M | $-8.00M |
| Net Margin % | 1.7% | 2.5% | 0.8% | 1.5% | 1.4% | 1.2% | 2.6% | 0.5% | 0.9% | -0.6% | -1.1% | -3.0% | -3.3% | -3.5% |
| Basic EPS | 0.04 | 0.05 | 0.02 | 0.03 | 0.03 | 0.02 | 0.05 | 0.01 | 0.02 | -0.01 | -0.02 | -0.05 | -0.06 | -0.06 |
| Diluted EPS | 0.03 | 0.05 | 0.02 | 0.03 | 0.03 | 0.02 | 0.05 | 0.01 | 0.02 | nan | -0.02 | -0.05 | -0.06 | -0.06 |
| Basic Shares Outstanding | - | 170.5M | 155.7M | 154.2M | 1.2M | 152.6M | 151.8M | 139.6M | 1.1M | 129.6M | 129.1M | 128.1M | 200K | 127.2M |
| Diluted Shares Outstanding | - | 172.9M | 157.4M | 156.2M | 3.1M | 154.1M | 153.5M | 141.5M | 1.1M | 129.6M | 129.1M | 128.1M | 200K | 127.2M |
| Breakdown | Q4 2025 (Dec 28, 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 | $560.60M | $565.90M | $783.60M | $263.70M | $329.30M | $301.50M | $308.20M | $338.90M | $72.80M | $42.20M | $48.20M | $46.70M | $81.30M | $125.20M |
| Accounts Receivable | $165.00M | $136.30M | $142.20M | $118.20M | $117.50M | $112.70M | $131.70M | $116.90M | $128.80M | $128.20M | $115.70M | $143.90M | $105.70M | $83.70M |
| Other Current Assets | $43.80M | $52.90M | $54.20M | $45.70M | $38.90M | $21.70M | $21.00M | $20.40M | $20.00M | $41.90M | $43.20M | $39.30M | $35.40M | $40.00M |
| Total Current Assets | $1.26B | $1.24B | $1.43B | $864.40M | $872.10M | $838.40M | $851.20M | $871.70M | $594.20M | $604.40M | $587.80M | $588.10M | $582.60M | $601.30M |
| Goodwill | $595.70M | $595.00M | $598.80M | $597.40M | $568.90M | $568.90M | $568.90M | $568.90M | $569.10M | $558.20M | $558.20M | $558.20M | $558.20M | $551.80M |
| Intangible Assets | $53.90M | $57.20M | $58.90M | $61.60M | $53.80M | $55.90M | $58.10M | $60.20M | $62.40M | $50.70M | $52.20M | $53.60M | $55.20M | $61.90M |
| Other Non-current Assets | $144.40M | $149.60M | $146.70M | $138.70M | $130.30M | $128.80M | $123.00M | $119.60M | $117.50M | $99.60M | $97.80M | $97.00M | $95.00M | $93.50M |
| Total Assets | $2.47B | $2.42B | $2.59B | $2.00B | $1.95B | $1.91B | $1.91B | $1.91B | $1.63B | $1.59B | $1.56B | $1.56B | $1.55B | $1.57B |
| Accounts Payable | $69.60M | $66.20M | $97.60M | $82.70M | $82.00M | $61.00M | $58.80M | $61.90M | $63.10M | $57.40M | $58.40M | $54.90M | $57.30M | $53.50M |
| Accrued Liabilities | $60.50M | $66.80M | $48.40M | $42.40M | $38.80M | $39.90M | $35.30M | $36.00M | $35.40M | $40.30M | $41.00M | $35.90M | $33.80M | $29.50M |
| Deferred Revenue | $73.40M | $64.20M | $77.30M | $82.00M | $76.30M | - | - | - | $101.80M | - | - | - | - | - |
| Other Current Liabilities | $9.00M | $6.50M | $13.40M | $13.80M | $14.50M | $24.30M | $21.20M | $18.70M | $12.80M | $15.90M | $10.40M | $19.30M | $15.60M | $15.20M |
| Total Current Liabilities | $311.00M | $287.40M | $322.40M | $304.90M | $296.70M | $260.50M | $272.30M | $288.20M | $292.50M | $263.00M | $250.90M | $245.00M | $234.20M | - |
| Long-term Debt | - | - | $169.80M | $172.20M | $174.60M | $177.00M | $179.50M | $179.40M | $219.30M | $234.20M | $232.10M | $250.30M | $250.20M | $292.60M |
| Other Non-current Liabilities | $30.30M | $35.10M | $38.00M | $43.20M | $32.20M | $99.80M | $99.00M | $83.10M | $83.30M | $76.80M | $77.40M | $76.80M | $77.40M | $82.10M |
| Total Liabilities | $470.90M | $441.80M | $625.70M | $617.30M | $597.70M | $569.50M | $584.90M | $586.00M | $634.00M | $618.10M | $602.50M | $613.50M | $604.00M | $624.90M |
| Common Stock | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | $200.00K | - | - | - | - | - | - |
| Retained Earnings | $-641.90M | $-647.80M | $-656.50M | $-659.40M | $-663.90M | $-667.80M | $-671.00M | $-678.90M | $-680.20M | $-682.60M | $-681.00M | $-678.30M | $-671.30M | $-663.00M |
| Total Stockholders Equity | $2.00B | $1.98B | $1.96B | $1.39B | $1.35B | $1.34B | $1.33B | $1.31B | $976.00M | $953.40M | $945.60M | $931.20M | $936.30M | $935.40M |
| Total Liabilities & Equity | $2.47B | $2.42B | $2.59B | $2.00B | $1.95B | $1.91B | $1.91B | $1.91B | $1.63B | $1.59B | $1.56B | $1.56B | $1.55B | $1.57B |
| Breakdown | Q4 2025 (Dec 28, 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 | $5.90M | $8.70M | $2.90M | $4.50M | $3.90M | $12.40M | $7.90M | $1.30M | $2.40M | $-11.30M | $-9.70M | $-7.00M | $-8.30M | $-28.60M |
| Depreciation & Amortization | $13.00M | $11.90M | $11.80M | $10.40M | $10.30M | $10.30M | $19.70M | $9.30M | $9.20M | $8.20M | $15.80M | $7.90M | $7.70M | $22.80M |
| Stock-based Compensation | $9.10M | $26.40M | $17.30M | $8.70M | $6.80M | $23.00M | $15.80M | $9.20M | $6.30M | $19.00M | $12.60M | $6.60M | $6.40M | $19.90M |
| Deferred Income Tax | $8.20M | $-100.00K | - | - | $4.30M | $100.00K | $100.00K | - | $2.40M | $100.00K | $100.00K | - | $-3.40M | $300.00K |
| Change in Receivables | $28.10M | $16.50M | $23.10M | $-800.00K | $5.00M | $-16.20M | $3.00M | $-12.00M | $-10.40M | $23.50M | $10.70M | $39.10M | $21.90M | $-17.00M |
| Change in Inventory | $20.20M | $-900.00K | $7.30M | $5.40M | $3.00M | $2.00M | $-2.10M | $3.50M | $5.90M | $23.70M | $20.00M | $8.30M | $-4.20M | $28.00M |
| Change in Payables | $600.00K | $-14.30M | $17.50M | $700.00K | $18.50M | $-3.40M | $-3.60M | $-300.00K | $5.00M | $-600.00K | $2.20M | $-1.80M | $3.50M | $1.00M |
| Operating Cash Flow | $12.10M | $-54.20M | $-40.90M | $-29.20M | $45.60M | $4.10M | $-2.00M | $700.00K | $67.40M | - | - | - | - | - |
| Capital Expenditure | $24.20M | $71.10M | $43.10M | $22.60M | $13.60M | $44.60M | $29.30M | $16.60M | $19.30M | $33.10M | $18.90M | $7.70M | $10.60M | $34.80M |
| Acquisitions | - | - | - | - | - | $11.50M | $11.50M | - | $-300.00K | - | - | - | - | $132.20M |
| Investing Cash Flow | $-17.20M | $-71.10M | $-43.10M | $-22.60M | $-13.60M | $-56.10M | $-40.80M | $-16.60M | $-19.00M | $-24.80M | $-10.60M | $-7.70M | $-10.50M | $-166.90M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | - | - | - | $311.00M |
| Stock Issued | - | $555.90M | $555.90M | - | - | $330.70M | $330.70M | $330.70M | - | - | - | - | - | - |
| Financing Cash Flow | $500.00K | $360.20M | $536.30M | $-14.50M | $-3.00M | $280.60M | $279.00M | $282.60M | $-18.60M | $-12.10M | $-20.80M | $-1.40M | $-41.90M | $-21.40M |
| Net Change in Cash | $-5.30M | $236.60M | $454.30M | $-65.60M | $27.80M | $228.70M | $235.40M | $266.10M | $30.60M | $-39.10M | $-33.10M | $-34.60M | $-43.90M | $-224.20M |
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 | $347.60M | $275.90M | $1.00B | $853.20M |
| Cost of Revenue | $270.50M | $206.70M | $777.20M | $635.80M |
| Gross Profit | $77.10M | $69.20M | $224.50M | $217.40M |
| Research & Development | $10.00M | $9.90M | $30.20M | $29.70M |
| Selling General & Admin | $59.80M | $52.60M | $176.70M | $161.50M |
| Operating Income | $7.10M | $6.50M | $17.40M | $26.00M |
| Other Income/Expense | $200.00K | $-700.00K | $2.00M | $-800.00K |
| Income Before Tax | $11.90M | $5.80M | $21.90M | $22.50M |
| Income Tax Expense | $3.20M | $2.60M | $5.80M | $10.10M |
| Net Income | $8.70M | $3.20M | $16.10M | $12.40M |
| Basic EPS | 0.05 | 0.02 | 0.10 | 0.08 |
| Diluted EPS | 0.05 | 0.02 | 0.10 | 0.08 |
| Basic Shares Outstanding | $170.50M | $152.60M | $160.10M | $147.80M |
| Diluted Shares Outstanding | $172.90M | $154.10M | $162.30M | $147.80M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $565.90M | $329.30M |
| Accounts Receivable | $136.30M | $117.50M |
| Other Current Assets | $52.90M | $38.90M |
| Total Current Assets | $1.24B | $872.10M |
| Goodwill | $595.00M | $568.90M |
| Intangible Assets | $57.20M | $53.80M |
| Other Non-current Assets | $149.60M | $130.30M |
| Total Assets | $2.42B | $1.95B |
| Accounts Payable | $66.20M | $82.00M |
| Accrued Liabilities | $66.80M | $38.80M |
| Deferred Revenue | $64.20M | $76.30M |
| Other Current Liabilities | $6.50M | $14.50M |
| Total Current Liabilities | $287.40M | $296.70M |
| Long-term Debt | - | $174.60M |
| Other Non-current Liabilities | $35.10M | $32.20M |
| Total Liabilities | $441.80M | $597.70M |
| Common Stock | $200.00K | $200.00K |
| Retained Earnings | $-647.80M | $-663.90M |
| Total Stockholders Equity | $1.98B | $1.35B |
| Total Liabilities & Equity | $2.42B | $1.95B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $8.70M | $3.20M | $16.10M | $12.40M |
| Depreciation & Amortization | $11.90M | $10.30M | $34.10M | $30.00M |
| Stock-based Compensation | - | - | $26.40M | $23.00M |
| Deferred Income Tax | - | - | $-100.00K | $100.00K |
| Change in Receivables | - | - | $16.50M | $-16.20M |
| Change in Inventory | - | - | $-900.00K | $2.00M |
| Change in Payables | - | - | $-14.30M | $-3.40M |
| Operating Cash Flow | - | - | $-54.20M | $4.10M |
| Capital Expenditure | - | - | $71.10M | $44.60M |
| Acquisitions | - | - | - | $11.50M |
| Investing Cash Flow | - | - | $-71.10M | $-56.10M |
| Stock Issued | - | - | $555.90M | $330.70M |
| Financing Cash Flow | - | - | $360.20M | $280.60M |
| Net Change in Cash | - | - | $236.60M | $228.70M |
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.