$3.25B
Revenue
$-207.95M
Net Income
69.69%
Gross Margin
-6.35%
Op. Margin
$402.73M
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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $878.38M | $850.74M | $811.09M | $706.78M | $713.42M | $708.65M | $699.26M |
| Revenue Growth % (YoY) | 23.1% | 20.0% | 16.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $262.56M | $266.81M | $248.63M | $206.24M | $284.13M | $196.07M | $189.85M |
| Gross Profit | $615.83M | $583.93M | $562.45M | $500.55M | $492.59M | - | - |
| Gross Margin % | 70.1% | 68.6% | 69.3% | 70.8% | 69.0% | nan% | nan% |
| Operating Expenses | $698.42M | $609.47M | $564.60M | $596.56M | $1.37B | $751.16M | $729.32M |
| Research & Development | $191.50M | $117.29M | $108.90M | $105.31M | $99.62M | $100.10M | $120.88M |
| Operating Income | $-82.59M | $-25.55M | $-2.15M | $-96.01M | $-876.35M | $-39.40M | $-26.26M |
| Operating Margin % | -9.4% | -3.0% | -0.3% | -13.6% | -122.8% | -5.6% | -3.8% |
| Interest Expense | $3.26M | $24.28M | $15.63M | $9.47M | $1.21M | $21.11M | $11.97M |
| Other Income/Expense | $-2.49M | $7.79M | $2.09M | $-4.98M | $385.00K | $1.98M | $11.91M |
| Income Before Tax | $-85.08M | $-17.76M | $-57.00K | $-100.99M | $-875.97M | $-37.43M | $-14.35M |
| Income Tax Expense | $872.00K | $1.84M | $1.13M | $224.00K | $-11.38M | $808.00K | $1.46M |
| Net Income | $-85.95M | $-19.59M | $-1.19M | $-101.22M | $-864.59M | $-38.24M | $-15.81M |
| Net Margin % | -9.8% | -2.3% | -0.1% | -14.3% | -121.2% | -5.4% | -2.3% |
| Basic EPS | -0.45 | -0.10 | -0.01 | -0.54 | -4.70 | -0.21 | -0.09 |
| Diluted EPS | -0.45 | -0.10 | -0.01 | -0.54 | -4.70 | -0.21 | -0.09 |
| Basic Shares Outstanding | - | 189.3M | 188.9M | 186.8M | 374K | 184.8M | 184.3M |
| Diluted Shares Outstanding | - | 189.3M | 188.9M | 186.8M | 374K | 184.8M | 184.3M |
| 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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $956.00M | $789.04M | $657.10M | $347.13M | $600.89M | $588.83M | $530.18M |
| Short-term Investments | $8.71M | $214.06M | $201.34M | $439.05M | $437.14M | $432.30M | $416.60M |
| Accounts Receivable | $298.65M | $306.05M | $353.33M | $279.80M | $248.97M | $264.82M | $263.87M |
| Inventory | $166.20M | $164.78M | $171.50M | $176.57M | $162.38M | $136.99M | $127.37M |
| Other Current Assets | $126.28M | $116.80M | $124.59M | $127.79M | $122.05M | $110.18M | $114.47M |
| Total Current Assets | $1.56B | $1.59B | $1.51B | $1.37B | $1.57B | $1.53B | $1.45B |
| Property Plant & Equipment | $708.66M | $704.07M | $705.11M | $697.91M | $693.67M | - | - |
| Goodwill | $2.37B | $2.37B | $2.37B | $2.37B | $2.37B | $2.37B | $2.37B |
| Intangible Assets | $919.92M | $941.20M | $965.37M | $988.87M | $1.01B | $1.86B | $1.84B |
| Other Non-current Assets | $185.81M | $174.88M | $124.90M | $160.18M | $169.72M | $170.82M | $167.47M |
| Total Assets | $5.86B | $5.90B | $5.80B | $5.71B | $5.93B | $6.75B | $6.67B |
| Accounts Payable | $175.87M | $129.36M | $157.32M | $142.18M | $89.57M | $97.65M | $52.98M |
| Accrued Liabilities | $416.47M | $408.77M | $317.15M | $295.14M | $328.29M | $314.00M | $302.54M |
| Other Current Liabilities | $15.22M | $14.28M | $16.12M | $35.34M | $37.77M | $35.80M | $37.10M |
| Total Current Liabilities | $641.15M | $584.26M | $521.93M | $502.46M | $732.19M | $723.66M | $668.64M |
| Other Non-current Liabilities | $329.32M | $324.81M | $315.90M | $320.23M | $315.50M | $332.21M | $326.68M |
| Total Liabilities | $3.46B | $3.40B | $3.33B | $3.31B | $3.53B | $3.54B | $3.48B |
| Common Stock | $1.91M | $1.90M | $1.89M | $1.89M | $1.86M | $1.85M | $1.85M |
| Retained Earnings | $-4.71B | $-4.62B | $-4.60B | $-4.60B | $-4.50B | $-3.63B | $-3.60B |
| Total Stockholders Equity | $2.40B | $2.50B | $2.47B | $2.40B | $2.40B | $3.21B | $3.19B |
| Total Liabilities & Equity | $5.86B | $5.90B | $5.80B | $5.71B | $5.93B | $6.75B | $6.67B |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $-85.95M | $-19.59M | $-102.40M | $-101.22M | $-864.59M | $-164.27M | $-126.04M |
| Stock-based Compensation | $55.64M | $162.02M | $110.40M | $54.62M | $49.20M | $165.68M | $116.92M |
| Deferred Income Tax | $-1.03M | $-512.00K | $-1.01M | $-1.01M | $-11.95M | $1.83M | $2.23M |
| Change in Receivables | $-7.34M | $56.23M | $103.09M | $30.07M | $-15.15M | $61.41M | $60.90M |
| Change in Inventory | $1.42M | $2.36M | $9.07M | $14.18M | $25.39M | $9.52M | $-96.00K |
| Change in Payables | $48.86M | $165.18M | $98.05M | $58.63M | $5.28M | $38.26M | $-17.86M |
| Operating Cash Flow | $151.69M | $339.75M | $119.83M | $30.81M | $47.06M | $163.47M | $24.75M |
| Capital Expenditure | $31.24M | $103.41M | $73.52M | $31.17M | $36.32M | $99.67M | $73.52M |
| Acquisitions | - | - | - | - | - | - | - |
| Purchases of Investments | - | $140.27M | $93.80M | $80.31M | $59.65M | $405.38M | $324.37M |
| Investing Cash Flow | $91.12M | $104.00M | $190.46M | $-34.44M | $-41.87M | $-400.28M | $-318.57M |
| Financing Cash Flow | $-75.87M | $-262.22M | $-260.69M | $-256.17M | $10.50M | $221.38M | $221.60M |
| Net Change in Cash | $166.96M | $182.40M | $50.46M | $-259.51M | $11.97M | $-15.01M | $-73.66M |
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 | $850.74M | - | $2.37B | - |
| Cost of Revenue | $266.81M | - | $721.68M | - |
| Gross Profit | $583.93M | - | $1.65B | - |
| Operating Expenses | $609.47M | - | $1.77B | - |
| Research & Development | $117.29M | - | $331.50M | - |
| Operating Income | $-25.55M | - | $-123.70M | - |
| Interest Expense | $9.79M | - | $24.28M | - |
| Other Income/Expense | $7.79M | - | $4.90M | - |
| Income Before Tax | $-17.76M | - | $-118.81M | - |
| Income Tax Expense | $1.84M | - | $3.19M | - |
| Net Income | $-19.59M | $-15.81M | $-121.99M | - |
| Basic EPS | -0.10 | - | -0.65 | - |
| Diluted EPS | -0.10 | - | -0.65 | - |
| Basic Shares Outstanding | $189.26M | - | $188.34M | - |
| Diluted Shares Outstanding | $189.26M | - | $188.34M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $789.04M | $600.89M |
| Short-term Investments | $214.06M | $437.14M |
| Accounts Receivable | $306.05M | $248.97M |
| Inventory | $164.78M | $162.38M |
| Other Current Assets | $116.80M | $122.05M |
| Total Current Assets | $1.59B | $1.57B |
| Property Plant & Equipment | $704.07M | $693.67M |
| Goodwill | $2.37B | $2.37B |
| Intangible Assets | $941.20M | $1.01B |
| Other Non-current Assets | $174.88M | $169.72M |
| Total Assets | $5.90B | $5.93B |
| Accounts Payable | $129.36M | $89.57M |
| Accrued Liabilities | $408.77M | $328.29M |
| Other Current Liabilities | $14.28M | $37.77M |
| Total Current Liabilities | $584.26M | $732.19M |
| Other Non-current Liabilities | $324.81M | $315.50M |
| Total Liabilities | $3.40B | $3.53B |
| Common Stock | $1.90M | $1.86M |
| Retained Earnings | $-4.62B | $-4.50B |
| Total Stockholders Equity | $2.50B | $2.40B |
| Total Liabilities & Equity | $5.90B | $5.93B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-19.59M | $-15.81M | $-121.99M | - |
| Stock-based Compensation | - | - | $162.02M | - |
| Deferred Income Tax | - | - | $-512.00K | - |
| Change in Receivables | - | - | $56.23M | - |
| Change in Inventory | - | - | $2.36M | - |
| Change in Payables | - | - | $165.18M | - |
| Operating Cash Flow | - | - | $339.75M | - |
| Capital Expenditure | - | - | $103.41M | - |
| Purchases of Investments | - | - | $140.27M | - |
| Investing Cash Flow | - | - | $104.00M | - |
| Financing Cash Flow | - | - | $-262.22M | - |
| Net Change in Cash | - | - | $182.40M | - |
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.