$2.52B
Revenue
$108.00M
Net Income
50.39%
Gross Margin
5.61%
Op. Margin
$551.68M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Total Revenue | $2.52B | $2.52B | $1.36B | $1.32B | $314.27M | $130.73M |
| Revenue Growth % | 0.0% | 85.5% | 2.9% | 319.4% | 140.4% | nan% |
| Cost of Revenue | $1.25B | $1.25B | $675.42M | $684.88M | $186.10M | $69.75M |
| Gross Profit | $1.27B | $1.27B | $680.21M | $633.14M | $128.17M | $60.97M |
| Gross Margin % | 50.4% | 50.4% | 50.2% | 48.0% | 40.8% | 46.6% |
| Operating Expenses | - | - | - | - | $132.26M | $53.06M |
| Research & Development | - | $2.40M | $1.00M | $1.70M | - | - |
| Selling General & Admin | $798.81M | $798.81M | $524.48M | $366.77M | - | - |
| Operating Income | $141.06M | $141.06M | $155.73M | $266.37M | $-4.09M | $7.91M |
| Operating Margin % | 5.6% | 5.6% | 11.5% | 20.2% | -1.3% | 6.1% |
| Interest Expense | - | $45.80M | - | - | $7.43K | - |
| Other Income/Expense | $11.86M | $11.86M | $1.79M | - | $31.07K | $729.03K |
| Income Before Tax | $125.03M | $125.03M | $195.05M | $291.75M | $-4.06M | $8.64M |
| Income Tax Expense | $17.03M | $17.03M | $49.98M | $64.95M | $-8.00M | $116.18K |
| Net Income | $108.00M | $108.00M | $145.07M | $226.80M | $3.94M | $8.52M |
| Net Margin % | 4.3% | 4.3% | 10.7% | 17.2% | 1.3% | 6.5% |
| Basic EPS | 0.24 | 0.25 | 0.46 | 0.79 | 0.05 | 0.12 |
| Diluted EPS | 0.24 | 0.25 | 0.45 | 0.77 | 0.05 | 0.11 |
| Basic Shares Outstanding | - | 252.3M | 233.7M | 230.8M | 73.8M | 70.2M |
| Diluted Shares Outstanding | - | 254.9M | 237.4M | 237.0M | 77.7M | 74.4M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $398.87M | $890.19M | $755.98M | $16.25M | $43.25M |
| Accounts Receivable | $755.50M | $270.34M | $183.70M | $38.74M | $14.99M |
| Inventory | $337.70M | $131.16M | $229.28M | $191.22M | $18.40M |
| Other Current Assets | $128.81M | $18.76M | $19.50M | $13.56M | $14.63M |
| Total Current Assets | $1.81B | $1.32B | $1.20B | $262.36M | $93.15M |
| Property Plant & Equipment | $87.91M | $55.60M | $24.87M | $3.18M | $579.38K |
| Goodwill | $917.56M | $71.58M | $14.17M | $14.53M | $10.42M |
| Intangible Assets | $111.91M | $12.21M | $12.14M | $16.30M | $16.59M |
| Other Non-current Assets | $43.43M | $8.15M | $291.00K | - | - |
| Total Assets | $5.12B | $1.77B | $1.54B | $314.02M | $131.29M |
| Accounts Payable | $137.93M | $41.29M | $42.84M | - | - |
| Accrued Liabilities | $230.72M | $148.78M | $62.12M | - | - |
| Deferred Revenue | $26.99M | $9.51M | $9.51M | - | - |
| Other Current Liabilities | $36.47M | $15.81M | $10.89M | $976.07K | $425.23K |
| Total Current Liabilities | $1.08B | $365.54M | $276.61M | $93.12M | $26.37M |
| Long-term Debt | $676.93M | - | - | - | - |
| Other Non-current Liabilities | $28.37M | $19.21M | - | - | - |
| Total Liabilities | $2.18B | $542.46M | $447.87M | $96.97M | $26.96M |
| Common Stock | $101.00K | $79.00K | $77.00K | $74.91K | $72.26K |
| Retained Earnings | $175.91M | $105.52M | $-12.05M | $-51.49M | $-55.43M |
| Total Stockholders Equity | $1.18B | $399.93M | $264.04M | $217.05M | $104.33M |
| Total Liabilities & Equity | $5.12B | $1.77B | $1.54B | $314.02M | $131.29M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Net Income | $152.42M | $108.00M | $145.07M | $226.80M | $3.94M | $8.52M |
| Depreciation & Amortization | $43.79M | $29.45M | $7.27M | $3.23M | $1.26M | - |
| Stock-based Compensation | $44.54M | $28.05M | $19.59M | $21.23M | $36.48M | $6.34M |
| Deferred Income Tax | $-61.23M | $-57.34M | $-9.73M | $-42.05M | - | $81.50K |
| Change in Receivables | - | - | $89.67M | $121.56M | $25.25M | $7.47M |
| Change in Inventory | $101.94M | $129.78M | $-77.19M | $63.30M | $175.17M | $3.86M |
| Change in Payables | $83.72M | $51.25M | $-1.17M | $5.25M | $23.97M | - |
| Operating Cash Flow | $609.89M | $359.44M | $262.90M | $141.22M | $-96.59M | $3.40M |
| Capital Expenditure | $58.20M | $36.07M | $23.39M | $17.43M | $3.15M | $573.75K |
| Acquisitions | - | - | $75.34M | - | - | - |
| Investing Cash Flow | $-2.58B | $-1.30B | $-101.73M | $-14.20M | $-1.26M | $757.26K |
| Stock Issued | - | - | - | - | - | $21.89M |
| Stock Repurchased | $10.47M | $5.73M | $2.26M | - | - | - |
| Financing Cash Flow | $1.42B | $582.76M | $-25.97M | $-25.22M | $71.40M | $15.57M |
| Net Change in Cash | $-538.07M | $-350.20M | $134.21M | $103.05M | $-26.99M | $20.16M |
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 | $725.11M | - | $1.79B | - |
| Cost of Revenue | $352.83M | - | $868.14M | - |
| Gross Profit | $372.28M | - | $925.50M | - |
| Selling General & Admin | $205.57M | - | $563.80M | - |
| Operating Income | $-80.00M | - | $115.00M | - |
| Interest Expense | $18.24M | - | $34.51M | - |
| Other Income/Expense | $5.36M | - | $7.02M | - |
| Income Before Tax | $-88.03M | - | $102.43M | - |
| Income Tax Expense | $-27.02M | - | $19.17M | - |
| Net Income | $-61.01M | $79.78M | $83.26M | - |
| Basic EPS | -0.27 | - | 0.22 | - |
| Diluted EPS | -0.27 | - | 0.22 | - |
| Basic Shares Outstanding | $257.78M | - | $250.32M | - |
| Diluted Shares Outstanding | $257.78M | - | $252.80M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $805.96M | $890.19M |
| Accounts Receivable | $513.68M | $270.34M |
| Inventory | $282.51M | $131.16M |
| Other Current Assets | $163.40M | $18.76M |
| Total Current Assets | $1.94B | $1.32B |
| Property Plant & Equipment | $80.92M | $55.60M |
| Goodwill | $914.96M | $71.58M |
| Other Non-current Assets | $35.81M | $29.99M |
| Total Assets | $5.27B | $1.77B |
| Accounts Payable | $97.79M | $41.29M |
| Accrued Liabilities | $311.77M | $148.78M |
| Deferred Revenue | $25.56M | $9.51M |
| Other Current Liabilities | $32.26M | $19.17M |
| Total Current Liabilities | $1.03B | $365.54M |
| Long-term Debt | $861.47M | - |
| Other Non-current Liabilities | $24.43M | $19.21M |
| Total Liabilities | $2.30B | $542.46M |
| Common Stock | $101.00K | $79.00K |
| Retained Earnings | $165.48M | $105.52M |
| Total Stockholders Equity | $1.20B | $399.93M |
| Total Liabilities & Equity | $5.27B | $1.77B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-61.01M | $79.78M | $83.26M | - |
| Depreciation & Amortization | - | - | $20.52M | - |
| Stock-based Compensation | - | - | $18.85M | - |
| Deferred Income Tax | - | - | $-71.41M | - |
| Change in Inventory | - | - | $-31.13M | - |
| Change in Payables | - | - | $4.08M | - |
| Operating Cash Flow | - | - | $478.88M | - |
| Capital Expenditure | - | - | $25.54M | - |
| Acquisitions | - | - | $1.28B | - |
| Investing Cash Flow | - | - | $-1.28B | - |
| Stock Repurchased | - | - | $3.26M | - |
| Financing Cash Flow | - | - | $839.91M | - |
| Net Change in Cash | - | - | $42.27M | - |
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.