$839.05M
Revenue
$120.24M
Net Income
44.91%
Gross Margin
14.22%
Op. Margin
$214.42M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
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) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $839.05M | $839.05M | $1.02B | $920.00M | $662.43M | $474.56M | $342.96M | $442.57M | $410.56M | $266.98M | $266.98M |
| Revenue Growth % | 0.0% | -17.6% | 10.6% | 38.9% | 39.6% | 38.4% | -22.5% | 7.8% | 53.8% | 0.0% | nan% |
| Cost of Revenue | $462.20M | $462.20M | $563.21M | $518.21M | $375.98M | $275.98M | $198.81M | $262.94M | $260.31M | $167.38M | $199.79M |
| Gross Profit | $376.85M | $376.85M | $454.65M | $401.79M | $286.44M | $198.58M | $144.15M | $179.64M | $150.25M | $99.60M | $101.71M |
| Gross Margin % | 44.9% | 44.9% | 44.7% | 43.7% | 43.2% | 41.8% | 42.0% | 40.6% | 36.6% | 37.3% | 38.1% |
| Operating Expenses | $257.53M | $257.53M | $243.86M | $189.43M | $159.12M | $140.54M | $119.95M | $119.68M | $102.41M | $82.97M | $80.99M |
| Research & Development | $108.96M | $108.96M | $105.50M | $78.36M | $65.43M | $61.83M | $53.93M | $51.88M | $43.07M | $34.40M | $32.59M |
| Operating Income | $119.32M | $119.31M | $210.79M | $212.36M | $127.33M | $58.04M | $24.20M | $59.96M | $47.84M | $16.62M | $20.72M |
| Operating Margin % | 14.2% | 14.2% | 20.7% | 23.1% | 19.2% | 12.2% | 7.1% | 13.5% | 11.7% | 6.2% | 7.8% |
| Interest Expense | $4.57M | $4.57M | $4.73M | $5.58M | $4.83M | $5.21M | $5.16M | $5.11M | $5.12M | $5.07M | $4.98M |
| Interest Income | $21.48M | $21.48M | $24.40M | $4.55M | $209.00K | $738.00K | $2.96M | $2.33M | $714.00K | $238.00K | $64.00K |
| Other Income/Expense | $2.81M | $2.81M | $539.00K | $-6.45M | $-2.27M | $2.32M | $-1.08M | $-2.47M | $396.00K | $-764.00K | $-601.00K |
| Income Before Tax | $138.25M | $138.25M | $230.27M | $204.88M | $120.43M | $55.89M | $20.92M | $54.70M | $43.83M | $11.02M | $15.21M |
| Income Tax Expense | $18.01M | $18.01M | $29.28M | $21.81M | $21.78M | $5.90M | $3.89M | $8.82M | $-83.13M | $23.00K | $527.00K |
| Net Income | $120.24M | $120.24M | $200.99M | $183.08M | $98.65M | $49.98M | $17.03M | $45.88M | $126.96M | $11.00M | $14.68M |
| Net Margin % | 14.3% | 14.3% | 19.7% | 19.9% | 14.9% | 10.5% | 5.0% | 10.4% | 30.9% | 4.1% | 5.5% |
| Basic EPS | 3.82 | 3.81 | 6.17 | 5.54 | 2.94 | 1.50 | 0.52 | 1.42 | 4.11 | 0.38 | 0.13 |
| Diluted EPS | 3.79 | 3.80 | 6.15 | 5.46 | 2.88 | 1.46 | 0.50 | 1.35 | 3.80 | 0.36 | 0.12 |
| Basic Shares Outstanding | - | 31.6M | 32.6M | 33.0M | 33.6M | 33.3M | 32.6M | 32.3M | 30.9M | 29.2M | 114.4M |
| Diluted Shares Outstanding | - | 31.7M | 32.7M | 33.5M | 34.3M | 34.1M | 33.8M | 34.0M | 33.4M | 30.9M | 120.9M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
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) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $145.45M | $123.51M | $185.59M | $294.92M | $203.48M | $139.88M | $177.99M | $133.41M | $70.79M | $78.89M |
| Short-term Investments | $228.80M | $447.83M | $246.57M | - | - | - | - | - | - | - |
| Accounts Receivable | $168.48M | $203.15M | $169.77M | $104.41M | $86.86M | $83.75M | $78.73M | $75.30M | $50.57M | $36.87M |
| Inventory | $329.01M | $282.23M | $242.41M | $194.98M | $161.08M | $140.36M | $129.00M | $120.54M | $113.85M | $115.90M |
| Other Current Assets | $66.80M | $60.47M | $33.30M | $24.93M | $19.37M | $11.68M | $11.05M | $9.77M | $5.51M | $4.79M |
| Total Current Assets | $943.20M | $1.12B | $877.64M | $619.25M | $470.79M | $375.68M | $396.77M | $339.77M | $240.73M | $236.45M |
| Property Plant & Equipment | $56.15M | $53.78M | $39.66M | $34.97M | $29.84M | $25.33M | $41.15M | $36.17M | $30.84M | $30.03M |
| Other Non-current Assets | $46.00M | $50.59M | $33.79M | $34.33M | $40.30M | $44.65M | $31.67M | $22.40M | $23.80M | $14.86M |
| Total Assets | $1.36B | $1.35B | $1.01B | $753.24M | $624.62M | $548.09M | $548.44M | $488.22M | $302.23M | $288.28M |
| Accounts Payable | $42.31M | $46.93M | $62.35M | $38.02M | $24.01M | $25.34M | $35.95M | $32.64M | $25.00M | $19.85M |
| Deferred Revenue | $65.49M | $94.67M | $123.47M | $60.45M | $21.22M | $24.60M | $19.51M | $16.18M | $10.34M | $7.86M |
| Other Current Liabilities | $33.15M | $26.02M | $12.94M | $12.64M | $8.95M | $7.64M | $5.03M | $5.12M | $4.59M | $4.09M |
| Total Current Liabilities | $197.66M | $207.52M | $248.13M | $150.14M | $84.43M | $68.66M | $85.00M | $79.29M | $47.73M | $44.37M |
| Other Non-current Liabilities | $44.81M | $42.64M | $21.76M | $9.74M | $9.36M | $7.20M | $4.28M | $5.64M | $4.79M | $5.39M |
| Total Liabilities | $326.67M | $335.99M | $346.38M | $214.28M | $143.02M | $128.67M | $140.10M | $134.61M | $100.78M | $98.02M |
| Retained Earnings | $503.54M | $470.32M | $118.89M | $-22.72M | $-91.97M | $-140.23M | $-157.26M | $-204.75M | $-331.70M | $-336.21M |
| Treasury Stock | - | - | - | - | - | - | - | - | - | $1.22M |
| Total Stockholders Equity | $1.03B | $1.01B | $667.26M | $538.96M | $481.60M | $419.43M | $408.34M | $353.61M | $201.46M | $190.26M |
| Total Liabilities & Equity | $1.36B | $1.35B | $1.01B | $753.24M | $624.62M | $548.09M | $548.44M | $488.22M | $302.23M | $288.28M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
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) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $120.24M | $120.24M | $200.99M | $183.08M | $98.65M | $49.98M | $17.03M | $45.88M | $126.96M | $11.00M | $14.68M |
| Depreciation & Amortization | $30.75M | $17.61M | $15.81M | $11.61M | $10.82M | $9.94M | $7.88M | $5.77M | $5.00M | $4.26M | $4.87M |
| Stock-based Compensation | $36.00M | $20.77M | $20.95M | $13.44M | $12.07M | $10.48M | $8.17M | $7.78M | $5.67M | $5.18M | $5.58M |
| Deferred Income Tax | $-15.91M | $-10.70M | $-15.59M | $8.54M | $20.26M | $4.68M | $3.30M | $11.21M | $-82.08M | $519.00K | $779.00K |
| Change in Receivables | $-143.48M | $-37.43M | $-6.91M | $67.27M | $18.15M | $1.39M | $6.00M | $3.88M | $23.57M | $14.13M | $-5.17M |
| Change in Inventory | $71.36M | $42.22M | $-5.92M | $58.43M | $39.02M | $17.65M | $17.95M | $10.51M | $-5.70M | $6.57M | $15.94M |
| Operating Cash Flow | $237.62M | $118.31M | $140.82M | $215.61M | $150.19M | $69.70M | $-13.59M | $46.97M | $56.28M | $-8.79M | $18.27M |
| Capital Expenditure | $23.20M | $11.29M | $12.18M | $10.68M | $8.72M | $7.43M | $11.97M | $4.71M | $7.29M | $2.51M | $1.83M |
| Purchases of Investments | - | $646.00M | $539.12M | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $106.25M | $29.93M | $-108.73M | $-257.25M | $-8.72M | $-7.27M | $-11.97M | $-4.71M | $-7.29M | $-2.24M | $-1.83M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | $14.53M |
| Stock Repurchased | $202.77M | $121.08M | $60.49M | $57.49M | $49.99M | $7.50M | $17.74M | - | - | - | - |
| Financing Cash Flow | $-211.70M | $-124.49M | $-71.19M | $-65.48M | $-52.45M | $-2.39M | $-13.41M | $1.19M | $15.07M | $2.35M | $37.52M |
| Net Change in Cash | $135.68M | $25.01M | $-42.89M | $-109.33M | $91.45M | $57.70M | $-38.37M | $44.02M | $63.23M | $-8.17M | $54.25M |
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 | $213.61M | - | $600.72M | - |
| Cost of Revenue | $124.81M | - | $335.80M | - |
| Gross Profit | $88.81M | - | $264.92M | - |
| Operating Expenses | $63.79M | - | $181.77M | - |
| Research & Development | $24.64M | - | $78.83M | - |
| Operating Income | $25.02M | - | $83.14M | - |
| Interest Expense | $1.30M | - | $4.03M | - |
| Interest Income | $5.46M | - | $16.55M | - |
| Other Income/Expense | $970.00K | - | $2.57M | - |
| Income Before Tax | $30.15M | - | $98.23M | - |
| Income Tax Expense | $4.16M | - | $12.29M | - |
| Net Income | $25.99M | $50.87M | $85.94M | - |
| Basic EPS | 0.83 | - | 2.70 | - |
| Diluted EPS | 0.83 | - | 2.70 | - |
| Basic Shares Outstanding | $31.29M | - | $31.80M | - |
| Diluted Shares Outstanding | $31.45M | - | $31.86M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $187.50M | $123.51M |
| Short-term Investments | $262.06M | $447.83M |
| Accounts Receivable | $147.64M | $203.15M |
| Inventory | $324.34M | $282.23M |
| Other Current Assets | $57.80M | $60.47M |
| Total Current Assets | $984.03M | $1.12B |
| Property Plant & Equipment | $57.98M | $53.78M |
| Other Non-current Assets | $45.12M | $50.59M |
| Total Assets | $1.35B | $1.35B |
| Accounts Payable | $52.47M | $46.93M |
| Deferred Revenue | $81.49M | $94.67M |
| Other Current Liabilities | $29.92M | $26.02M |
| Total Current Liabilities | $198.99M | $207.52M |
| Other Non-current Liabilities | $44.21M | $42.64M |
| Total Liabilities | $331.80M | $335.99M |
| Retained Earnings | $488.77M | $470.32M |
| Total Stockholders Equity | $1.02B | $1.01B |
| Total Liabilities & Equity | $1.35B | $1.35B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $25.99M | $50.87M | $85.94M | - |
| Depreciation & Amortization | - | - | $13.15M | - |
| Stock-based Compensation | - | - | $15.67M | - |
| Deferred Income Tax | - | - | $-1.76M | - |
| Change in Receivables | - | - | $-58.76M | - |
| Change in Inventory | - | - | $34.25M | - |
| Operating Cash Flow | - | - | $124.87M | - |
| Capital Expenditure | - | - | $8.96M | - |
| Purchases of Investments | - | - | $506.63M | - |
| Investing Cash Flow | - | - | $37.23M | - |
| Stock Repurchased | - | - | $95.85M | - |
| Financing Cash Flow | - | - | $-99.87M | - |
| Net Change in Cash | - | - | $64.06M | - |
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.