$699.62M
Revenue
$-17.92M
Net Income
38.05%
Gross Margin
-4.88%
Op. Margin
$-44.50M
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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $699.62M | $699.62M | $673.76M | $740.84M | $932.47M | $1.17B | $1.26B | $998.76M | $1.06B | $1.04B | $1.14B | $1.30B | $1.39B | $1.37B | $1.27B |
| Revenue Growth % | 0.0% | 3.8% | -9.1% | -20.6% | -20.2% | -6.9% | 25.7% | -5.7% | 1.9% | -9.1% | -12.1% | -6.7% | 1.7% | 7.7% | nan% |
| Cost of Revenue | $433.43M | $433.43M | $477.83M | $491.59M | $681.92M | $802.24M | $883.05M | $704.53M | $717.12M | $1.01B | $916.11M | $933.02M | $995.60M | $976.02M | $888.37M |
| Gross Profit | $266.19M | $266.19M | $195.93M | $249.25M | $250.55M | $365.84M | $372.15M | $294.23M | $341.70M | $396.04M | $412.19M | $367.68M | $397.92M | $393.62M | $383.55M |
| Gross Margin % | 38.0% | 38.0% | 29.1% | 33.6% | 26.9% | 31.3% | 29.6% | 29.5% | 32.3% | 38.1% | 36.0% | 28.3% | 28.6% | 28.7% | 30.2% |
| Operating Expenses | $300.34M | $300.34M | $183.71M | $282.53M | $333.47M | $299.24M | $296.61M | $268.04M | $302.98M | $309.46M | $298.16M | $282.32M | $369.87M | $300.58M | $257.44M |
| Research & Development | $85.72M | $85.72M | $81.08M | $83.30M | $88.44M | $92.97M | $88.79M | $77.98M | $82.42M | $94.60M | $89.37M | $86.50M | $90.90M | $85.17M | $61.07M |
| Operating Income | $-34.15M | $-34.15M | $12.22M | $-33.27M | $-82.92M | $66.60M | $75.54M | $26.19M | $38.71M | $86.58M | $114.03M | $85.36M | $28.05M | $93.04M | $126.11M |
| Operating Margin % | -4.9% | -4.9% | 1.8% | -4.5% | -8.9% | 5.7% | 6.0% | 2.6% | 3.7% | 8.3% | 10.0% | 6.6% | 2.0% | 6.8% | 9.9% |
| Interest Income | - | - | - | - | - | - | $436.00K | $2.54M | $3.98M | $2.11M | $1.16M | $295.00K | $253.00K | $400.00K | $498.00K |
| Other Income/Expense | $17.38M | $17.38M | $12.67M | $14.14M | $902.00K | $-1.09M | $-4.74M | $844.00K | $510.00K | $2.02M | $-121.00K | $-88.00K | $2.46M | $-457.00K | $2.67M |
| Income Before Tax | $-16.78M | $-16.78M | $24.89M | $-19.14M | $-82.02M | $65.50M | $70.80M | $29.57M | $43.20M | $46.22M | $115.07M | $85.56M | $30.76M | $92.98M | $129.28M |
| Income Tax Expense | $1.15M | $1.15M | $12.53M | $85.63M | $-13.04M | $16.12M | $12.51M | $3.78M | $25.88M | $71.28M | $39.22M | $36.98M | $21.97M | $37.77M | $42.74M |
| Net Income | $-17.92M | $-17.92M | $12.36M | $-104.77M | $-68.99M | $49.39M | $58.29M | $25.79M | $-9.16M | $19.44M | $75.85M | $48.58M | $8.79M | $55.22M | $86.54M |
| Net Margin % | -2.6% | -2.6% | 1.8% | -14.1% | -7.4% | 4.2% | 4.6% | 2.6% | -0.9% | 1.9% | 6.6% | 3.7% | 0.6% | 4.0% | 6.8% |
| Basic EPS | -0.63 | -0.63 | 0.43 | -3.57 | -2.38 | 1.63 | 1.95 | 0.83 | -0.29 | 0.61 | 2.32 | 1.47 | 0.25 | 1.44 | 2.27 |
| Diluted EPS | -0.63 | -0.63 | 0.42 | -3.57 | -2.38 | 1.59 | 1.90 | 0.81 | -0.28 | 0.59 | 2.25 | 1.44 | 0.24 | 1.42 | 2.23 |
| Basic Shares Outstanding | - | 28.6M | 28.9M | 29.4M | 29.0M | 30.2M | 29.9M | 30.9M | 31.6M | 32.1M | 32.8M | 33.2M | 35.8M | 38.4M | 38.1M |
| Diluted Shares Outstanding | - | 28.6M | 29.7M | 29.4M | 29.0M | 31.0M | 30.6M | 32.0M | 33.1M | 33.0M | 33.7M | 33.8M | 36.4M | 38.9M | 38.7M |
| 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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $209.90M | $286.44M | $176.72M | $146.50M | $263.77M | $346.46M | $190.21M | $201.05M | $202.87M | $240.47M | $181.94M | $141.23M | $143.01M | $149.03M |
| Short-term Investments | $113.13M | $122.25M | $106.93M | $80.92M | $7.74M | $6.86M | $5.50M | $73.32M | $126.93M | $125.51M | $96.32M | $115.89M | $105.14M | $227.84M |
| Accounts Receivable | $142.04M | $156.21M | $185.06M | $277.49M | $261.16M | $277.49M | $277.17M | $303.67M | $412.80M | $313.84M | $290.64M | $275.69M | $266.48M | $256.01M |
| Inventory | $176.46M | $162.54M | $248.85M | $299.61M | $315.67M | $172.11M | $235.49M | $243.87M | $245.89M | $247.86M | $213.12M | $222.88M | $224.46M | $174.90M |
| Other Current Assets | $31.75M | $30.59M | $30.42M | $29.77M | $34.75M | $30.70M | $35.74M | $36.00M | $27.18M | $35.10M | $39.12M | $38.23M | $33.78M | $33.72M |
| Total Current Assets | $673.28M | $758.03M | $747.98M | $834.29M | $883.09M | $893.18M | $744.11M | $857.90M | $1.02B | $962.78M | $821.14M | $822.97M | $800.11M | $864.21M |
| Property Plant & Equipment | $26.00M | $11.29M | $8.27M | $9.22M | $13.34M | $16.08M | $17.68M | $20.18M | $20.66M | $19.47M | $22.38M | $29.69M | $27.19M | $19.02M |
| Goodwill | $45.02M | $36.28M | $36.28M | $36.28M | $80.72M | $80.72M | $80.72M | $80.72M | $85.46M | $85.46M | $81.72M | $81.72M | $155.92M | $100.88M |
| Intangible Assets | $38.48M | - | - | $1.33M | $1.86M | $3.90M | $10.10M | $17.15M | $24.99M | $37.90M | $48.95M | $66.23M | $84.12M | $27.62M |
| Long-term Investments | $8.73M | $8.38M | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $16.77M | $16.59M | $17.33M | $97.79M | $76.35M | $82.75M | $74.28M | $67.43M | $61.79M | $78.84M | $76.37M | $48.08M | $26.59M | $22.83M |
| Total Assets | $836.27M | $850.23M | $847.14M | $1.02B | $1.08B | $1.11B | $955.81M | $1.04B | $1.21B | $1.18B | $1.05B | $1.05B | $1.09B | $1.03B |
| Accounts Payable | $43.75M | $58.48M | $46.85M | $85.55M | $73.73M | $90.90M | $80.53M | $139.75M | $111.92M | $112.44M | $90.55M | $106.36M | $114.53M | $87.31M |
| Accrued Liabilities | $144.03M | $148.08M | $168.08M | $213.48M | $224.58M | $218.38M | $189.55M | $199.47M | $222.47M | $170.67M | $166.28M | $143.74M | $143.22M | $126.25M |
| Deferred Revenue | $26.90M | $30.26M | $27.09M | $21.13M | $16.50M | $21.13M | $6.45M | $11.09M | $55.28M | $35.30M | $29.12M | $30.02M | $24.50M | $27.64M |
| Total Current Liabilities | $250.22M | $270.08M | $264.35M | $345.97M | $341.05M | $365.07M | $298.39M | $383.99M | $424.44M | $356.65M | $315.77M | $304.12M | $300.08M | $260.93M |
| Other Non-current Liabilities | $40.03M | $11.70M | $4.91M | $3.90M | $3.11M | $6.90M | $7.99M | $12.23M | $22.10M | $15.87M | $11.64M | $7.75M | $6.26M | $5.29M |
| Total Liabilities | $338.45M | $309.16M | $311.65M | $398.93M | $381.72M | $416.65M | $347.12M | $415.82M | $478.08M | $387.64M | $341.86M | $327.12M | $320.15M | $279.96M |
| Common Stock | $28.00K | $29.00K | $30.00K | $29.00K | $29.00K | $30.00K | $30.00K | $32.00K | $31.00K | $33.00K | $33.00K | $35.00K | $37.00K | $38.00K |
| Retained Earnings | $-538.95M | $-457.12M | $-432.32M | $-324.76M | $-226.59M | $-193.32M | $-222.72M | $-166.05M | $128.17M | $228.54M | $195.63M | $267.35M | $351.78M | $360.14M |
| Total Stockholders Equity | $497.82M | $541.07M | $535.50M | $620.86M | $696.82M | $689.38M | $608.69M | $627.55M | $730.49M | $796.82M | $708.71M | $721.57M | $773.78M | $754.61M |
| Total Liabilities & Equity | $836.27M | $850.23M | $847.14M | $1.02B | $1.08B | $1.11B | $955.81M | $1.04B | $1.21B | $1.18B | $1.05B | $1.05B | $1.09B | $1.03B |
| 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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-17.92M | $-17.92M | $12.36M | $-104.77M | $-68.99M | $49.39M | $58.29M | $25.79M | $-9.16M | $19.44M | $75.85M | $48.58M | $8.79M | $55.22M | $86.54M |
| Depreciation & Amortization | $12.97M | $8.00M | $6.51M | $7.16M | $10.07M | $13.91M | $18.93M | $19.41M | $18.85M | $26.09M | $31.99M | $35.85M | $35.59M | $32.85M | $16.77M |
| Stock-based Compensation | $29.71M | $29.71M | $22.68M | $17.94M | $17.73M | $26.00M | $30.50M | $29.14M | $26.46M | $22.15M | $18.95M | $16.82M | $20.01M | $17.46M | $14.37M |
| Deferred Income Tax | $-387.00K | $-152.00K | $1.00M | $82.32M | $-21.84M | $4.50M | $-9.39M | $-1.38M | $2.46M | $21.84M | $-2.72M | $-710.00K | $-20.26M | $-7.93M | $-2.54M |
| Change in Receivables | $-39.01M | $-14.16M | $-28.85M | $-92.42M | $16.33M | $-75.89M | $59.88M | $-26.50M | $43.05M | $98.96M | $23.21M | $14.95M | $9.21M | $10.47M | $-5.32M |
| Change in Inventory | $11.15M | $17.41M | $-80.25M | $-47.59M | $-12.40M | $147.43M | $-55.51M | $-4.50M | $82.16M | $-1.97M | $34.74M | $-9.77M | $-1.57M | $46.68M | $10.59M |
| Change in Payables | $-18.21M | $-14.88M | $11.49M | $-38.95M | $11.86M | $-16.49M | $9.74M | $-56.61M | $45.50M | $-784.00K | $21.33M | $-14.99M | $-8.24M | $36.25M | $-30.61M |
| Operating Cash Flow | $-17.66M | $1.61M | $164.80M | $56.85M | $-13.73M | $-4.58M | $181.15M | $13.53M | $-103.21M | $87.52M | $115.17M | $110.39M | $108.96M | $86.90M | $55.04M |
| Capital Expenditure | $26.84M | $20.52M | $8.99M | $5.80M | $5.76M | $9.86M | $10.30M | $14.23M | $12.25M | $13.67M | $10.97M | $14.00M | $19.34M | $18.05M | $14.76M |
| Acquisitions | - | $12.19M | - | - | - | - | - | - | $14.35M | $737.00K | $8.81M | - | $1.05M | $147.24M | $28.62M |
| Purchases of Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-40.80M | $-22.64M | $-26.16M | $-27.43M | $-79.52M | $-9.98M | $-16.84M | $49.46M | $-43.19M | $-19.82M | $-48.76M | $5.96M | $-30.75M | $-39.73M | $-130.31M |
| Stock Repurchased | $74.49M | $50.66M | $33.09M | - | $24.38M | $75.00M | $23.80M | $75.95M | $30.00M | $113.16M | $42.94M | $120.31M | $93.22M | $63.59M | $850.00K |
| Financing Cash Flow | $-80.13M | $-55.51M | $-28.91M | $797.00K | $-24.02M | $-68.12M | $-8.06M | $-73.82M | $144.58M | $-105.30M | $-7.89M | $-75.64M | $-79.99M | $-53.19M | $15.40M |
| Net Change in Cash | $-138.60M | $-76.54M | $109.73M | $30.22M | $-117.27M | $-82.69M | $156.25M | $-10.84M | $-1.82M | $-37.60M | $58.52M | $40.71M | $-1.77M | $-6.02M | $-59.87M |
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 | $184.56M | - | $517.15M | - |
| Cost of Revenue | $112.31M | - | $324.60M | - |
| Gross Profit | $72.25M | - | $192.56M | - |
| Operating Expenses | $79.32M | - | $221.96M | - |
| Research & Development | $23.33M | - | $62.48M | - |
| Operating Income | $-7.07M | - | $-29.41M | - |
| Other Income/Expense | $3.03M | - | $15.18M | - |
| Income Before Tax | $-4.04M | - | $-14.23M | - |
| Income Tax Expense | $736.00K | - | $3.01M | - |
| Net Income | $-4.78M | $-45.17M | $-17.24M | - |
| Basic EPS | -0.17 | - | -0.60 | - |
| Diluted EPS | -0.17 | - | -0.60 | - |
| Basic Shares Outstanding | $28.64M | - | $28.76M | - |
| Diluted Shares Outstanding | $28.64M | - | $28.76M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $203.48M | $286.44M |
| Short-term Investments | $122.90M | $122.25M |
| Accounts Receivable | $159.88M | $156.21M |
| Inventory | $166.56M | $162.54M |
| Other Current Assets | $29.12M | $30.59M |
| Total Current Assets | $681.94M | $758.03M |
| Property Plant & Equipment | $23.14M | $11.29M |
| Goodwill | $45.80M | $36.28M |
| Intangible Assets | $4.08M | - |
| Other Non-current Assets | $17.16M | $16.59M |
| Total Assets | $810.81M | $850.23M |
| Accounts Payable | $58.20M | $58.48M |
| Accrued Liabilities | $124.63M | $148.08M |
| Deferred Revenue | $27.94M | $30.26M |
| Total Current Liabilities | $239.16M | $270.08M |
| Other Non-current Liabilities | $13.28M | $11.70M |
| Total Liabilities | $303.96M | $309.16M |
| Common Stock | $28.00K | $29.00K |
| Retained Earnings | $-521.14M | $-457.12M |
| Total Stockholders Equity | $506.85M | $541.07M |
| Total Liabilities & Equity | $810.81M | $850.23M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.78M | $-45.17M | $-17.24M | - |
| Depreciation & Amortization | - | - | $5.11M | - |
| Stock-based Compensation | $8.81M | - | $20.98M | - |
| Deferred Income Tax | - | - | $-214.00K | - |
| Change in Receivables | - | - | $3.67M | - |
| Change in Inventory | - | - | $6.90M | - |
| Change in Payables | - | - | $-936.00K | - |
| Operating Cash Flow | - | - | $-17.90M | - |
| Capital Expenditure | - | - | $14.63M | - |
| Acquisitions | - | - | $12.19M | - |
| Investing Cash Flow | - | - | $-26.56M | - |
| Stock Repurchased | - | - | $35.66M | - |
| Financing Cash Flow | - | - | $-38.50M | - |
| Net Change in Cash | - | - | $-82.96M | - |
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.