$839.05M
Revenue
$120.24M
Net Income
44.91%
Gross Margin
14.22%
Op. Margin
$214.42M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 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) |
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 | $238.33M | $213.61M | $194.54M | $192.56M | $252.42M | $256.56M | $256.51M | $252.37M | $292.33M | $273.97M | $254.02M | $266.05M | $229.18M |
| Revenue Growth % (YoY) | -5.6% | -16.7% | -24.2% | -23.7% | nan% | -12.2% | -6.4% | -0.6% | 27.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $126.40M | $124.81M | $107.20M | $103.80M | $136.19M | $146.59M | $144.10M | $136.32M | $162.64M | $154.27M | $150.00M | $156.53M | $125.85M |
| Gross Profit | $111.93M | $88.81M | $87.34M | $88.77M | $116.22M | $109.97M | $112.41M | $116.05M | $129.68M | $119.70M | $104.02M | $109.52M | $103.32M |
| Gross Margin % | 47.0% | 41.6% | 44.9% | 46.1% | 46.0% | 42.9% | 43.8% | 46.0% | 44.4% | 43.7% | 40.9% | 41.2% | 45.1% |
| Operating Expenses | $75.76M | $63.79M | $58.38M | $59.61M | $61.69M | $63.06M | $59.60M | $59.51M | $58.00M | $55.99M | $52.66M | $53.43M | $50.12M |
| Research & Development | $30.13M | $24.64M | $27.06M | $27.13M | $27.65M | $26.39M | $25.79M | $25.66M | $24.09M | $24.13M | $23.77M | $22.09M | $20.56M |
| Operating Income | $36.17M | $25.02M | $28.96M | $29.16M | $54.53M | $46.91M | $52.81M | $56.54M | $71.68M | $63.71M | $51.36M | $56.09M | $53.20M |
| Operating Margin % | 15.2% | 11.7% | 14.9% | 15.1% | 21.6% | 18.3% | 20.6% | 22.4% | 24.5% | 23.3% | 20.2% | 21.1% | 23.2% |
| Interest Expense | $545.00K | $1.30M | $1.35M | $1.37M | $710.00K | $1.33M | $1.34M | $1.35M | $1.32M | $1.35M | $1.35M | $1.48M | $1.33M |
| Interest Income | $4.94M | $5.46M | $5.48M | $5.60M | $6.28M | $6.56M | $6.05M | $5.52M | $4.58M | $4.31M | $3.94M | $2.99M | $1.11M |
| Other Income/Expense | $245.00K | $970.00K | $1.91M | $-309.00K | $-718.00K | $3.23M | $-257.00K | $-1.71M | $-1.26M | $-2.05M | $-1.04M | $8.19M | $-7.97M |
| Income Before Tax | $40.02M | $30.15M | $35.00M | $33.08M | $58.65M | $55.37M | $57.27M | $59.00M | $73.67M | $64.62M | $52.90M | $65.80M | $45.01M |
| Income Tax Expense | $5.72M | $4.16M | $3.62M | $4.50M | $8.69M | $6.79M | $6.40M | $7.40M | $7.74M | $3.04M | $5.21M | $8.80M | $4.73M |
| Net Income | $34.30M | $25.99M | $31.38M | $28.58M | $49.96M | $151.04M | $102.46M | $51.59M | $175.21M | $109.28M | $47.70M | $56.99M | $126.09M |
| Net Margin % | 14.4% | 12.2% | 16.1% | 14.8% | 19.8% | 58.9% | 39.9% | 20.4% | 59.9% | 39.9% | 18.8% | 21.4% | 55.0% |
| Basic EPS | 1.11 | 0.83 | 0.99 | 0.89 | 1.54 | 1.49 | 1.56 | 1.58 | 2.01 | 1.88 | 1.46 | 1.73 | 1.22 |
| Diluted EPS | 1.10 | 0.83 | 0.98 | 0.88 | 1.54 | 1.49 | 1.55 | 1.57 | 1.99 | 1.86 | 1.43 | 1.71 | 1.21 |
| Basic Shares Outstanding | - | 31.3M | 31.8M | 32.3M | -43K | 32.5M | 32.6M | 32.6M | 32.8M | 32.8M | 32.7M | -73K | 33.0M |
| Diluted Shares Outstanding | - | 31.4M | 31.9M | 32.3M | -76K | 32.7M | 32.8M | 32.9M | 33.2M | 33.2M | 33.3M | -96K | 33.4M |
| Breakdown | Q4 2025 (Dec 31, 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) |
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 | $145.45M | $187.50M | $173.65M | $183.96M | $123.51M | $120.07M | $145.17M | $133.96M | $142.30M | $132.50M | $164.48M | $185.59M | $308.55M |
| Short-term Investments | $228.80M | $262.06M | $376.19M | $403.10M | $447.83M | $459.34M | $403.14M | $396.23M | $318.71M | $320.36M | $280.22M | $246.57M | $33.58M |
| Accounts Receivable | $168.48M | $147.64M | $138.84M | $164.95M | $203.15M | $183.54M | $188.08M | $208.54M | $192.33M | $159.20M | $189.60M | $169.77M | $173.89M |
| Inventory | $329.01M | $324.34M | $310.77M | $295.85M | $282.23M | $290.95M | $283.09M | $312.17M | $312.22M | $299.84M | $262.05M | $242.41M | $226.51M |
| Other Current Assets | $66.80M | $57.80M | $59.52M | $59.46M | $60.47M | $57.44M | $54.74M | $54.54M | $49.48M | $38.27M | $38.09M | $33.30M | $32.61M |
| Total Current Assets | $943.20M | $984.03M | $1.06B | $1.11B | $1.12B | $1.12B | $1.08B | $1.11B | $1.02B | $950.17M | $934.44M | $877.64M | $775.14M |
| Property Plant & Equipment | $56.15M | $57.98M | $57.38M | $57.03M | $53.78M | $54.45M | $52.42M | $53.03M | $47.17M | $43.16M | $40.97M | $39.66M | $38.78M |
| Other Non-current Assets | $46.00M | $45.12M | $47.19M | $48.97M | $50.59M | $49.93M | $50.66M | $41.09M | $40.45M | $33.49M | $34.05M | $33.79M | $33.06M |
| Total Assets | $1.36B | $1.35B | $1.32B | $1.34B | $1.35B | $1.34B | $1.29B | $1.31B | $1.20B | $1.12B | $1.08B | $1.01B | $906.26M |
| Accounts Payable | $42.31M | $52.47M | $37.11M | $38.98M | $46.93M | $54.05M | $45.78M | $39.85M | $60.06M | $60.50M | $60.47M | $62.35M | $54.02M |
| Deferred Revenue | $65.49M | $81.49M | $89.83M | $110.46M | $94.67M | $138.68M | $148.39M | $164.70M | $148.30M | $138.89M | $156.88M | $123.47M | $101.17M |
| Other Current Liabilities | $33.15M | $29.92M | $21.20M | $22.88M | $26.02M | $20.52M | $17.98M | $12.89M | $12.80M | $13.02M | $12.33M | $12.94M | $13.92M |
| Total Current Liabilities | $197.66M | $198.99M | $177.11M | $200.37M | $207.52M | $252.26M | $244.18M | $276.57M | $261.18M | $248.46M | $267.94M | $248.13M | $207.86M |
| Other Non-current Liabilities | $44.81M | $44.21M | $42.51M | $42.18M | $42.64M | $42.25M | $40.65M | $41.26M | $41.74M | $41.12M | $20.38M | $21.76M | $16.59M |
| Total Liabilities | $326.67M | $331.80M | $301.10M | $313.38M | $335.99M | $362.53M | $353.46M | $404.88M | $400.72M | $377.68M | $378.00M | $346.38M | $291.37M |
| Retained Earnings | $503.54M | $488.77M | $487.16M | $485.67M | $470.32M | $432.43M | $396.72M | $358.30M | $261.52M | $206.81M | $156.01M | $118.89M | $70.89M |
| Total Stockholders Equity | $1.03B | $1.02B | $1.02B | $1.03B | $1.01B | $975.59M | $934.95M | $901.74M | $800.97M | $744.04M | $701.82M | $667.26M | $614.89M |
| Total Liabilities & Equity | $1.36B | $1.35B | $1.32B | $1.34B | $1.35B | $1.34B | $1.29B | $1.31B | $1.20B | $1.12B | $1.08B | $1.01B | $906.26M |
| Breakdown | Q4 2025 (Dec 31, 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) |
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 | $34.30M | $25.99M | $31.38M | $28.58M | $49.96M | $151.04M | $102.46M | $51.59M | $175.21M | $109.28M | $47.70M | $56.99M | $126.09M |
| Depreciation & Amortization | $4.46M | $13.15M | $8.82M | $4.31M | $4.27M | $11.54M | $7.64M | $3.77M | $9.49M | $6.26M | $3.10M | $2.99M | $8.61M |
| Stock-based Compensation | $5.11M | $15.67M | $10.32M | $4.90M | $5.38M | $15.57M | $10.16M | $4.69M | $13.03M | $7.95M | $3.20M | $3.65M | $9.79M |
| Deferred Income Tax | $-8.94M | $-1.76M | $-4.16M | $-1.06M | $-10.08M | $-5.51M | $-2.01M | $-1.10M | $-12.62M | $-7.41M | $-3.62M | $2.12M | $6.42M |
| Change in Receivables | $21.33M | $-58.76M | $-67.46M | $-38.59M | $21.86M | $-28.77M | $-25.01M | $-7.04M | $26.67M | $-8.17M | $20.76M | $-10.18M | $77.45M |
| Change in Inventory | $7.97M | $34.25M | $16.76M | $12.39M | $5.38M | $-11.30M | $-12.95M | $11.43M | $79.49M | $63.29M | $21.11M | $8.73M | $49.70M |
| Operating Cash Flow | $-6.57M | $124.87M | $79.52M | $39.80M | $12.78M | $128.04M | $82.29M | $42.22M | $91.29M | $67.27M | $34.56M | $122.38M | $93.22M |
| Capital Expenditure | $2.33M | $8.96M | $6.95M | $4.96M | $4.66M | $7.52M | $3.62M | $1.62M | $10.50M | $5.20M | $2.24M | $3.81M | $6.88M |
| Purchases of Investments | $139.37M | $506.63M | $345.17M | - | $105.23M | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-7.31M | $37.23M | $35.86M | $40.47M | $9.12M | $-117.85M | $-61.29M | $-55.69M | $-74.18M | $-73.24M | $-33.05M | $-216.80M | $-40.45M |
| Stock Repurchased | $25.23M | $95.85M | $63.52M | $18.18M | $15.13M | $45.36M | $30.00M | $15.00M | $37.50M | $25.00M | $12.50M | $12.50M | $44.99M |
| Financing Cash Flow | $-24.62M | $-99.87M | $-67.10M | $-20.11M | $-14.54M | $-56.65M | $-40.66M | $-18.05M | $-53.24M | $-40.08M | $-16.67M | $-12.34M | $-53.14M |
| Net Change in Cash | $-39.05M | $64.06M | $50.22M | $60.45M | $4.34M | $-47.23M | $-22.13M | $-33.34M | $-37.40M | $-47.19M | $-15.21M | $-122.95M | $13.62M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.