$3.13B
Revenue
$45.91M
Net Income
83.76%
Gross Margin
0.24%
Op. Margin
$1.15B
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) |
Q4 2023 (Dec 31, 2023) |
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 | $846.75M | $809.52M | $760.87M | $714.14M | $703.18M | $669.72M | $637.23M | $617.41M | $581.91M | $557.56M | $529.14M | $501.62M | $469.66M | $443.96M |
| Revenue Growth % (YoY) | 20.4% | 20.9% | 19.4% | 15.7% | 20.8% | 20.1% | 20.4% | 23.1% | 23.9% | 25.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $137.70M | $133.52M | $122.16M | $115.11M | $103.34M | $99.32M | $95.52M | $95.09M | $88.64M | $87.53M | $87.29M | $82.05M | $80.26M | $82.13M |
| Gross Profit | $709.04M | $676.00M | $638.71M | $599.03M | $599.84M | $570.40M | $541.71M | $522.33M | $493.28M | $470.03M | $441.85M | $419.57M | $389.39M | $361.83M |
| Gross Margin % | 83.7% | 83.5% | 83.9% | 83.9% | 85.3% | 85.2% | 85.0% | 84.6% | 84.8% | 84.3% | 83.5% | 83.6% | 82.9% | 81.5% |
| Operating Expenses | $660.80M | $664.77M | $663.32M | $626.51M | $610.64M | $580.03M | $565.65M | $545.56M | $517.63M | $490.47M | $560.35M | $464.34M | $402.88M | $394.04M |
| Research & Development | $220.79M | $227.71M | $237.34M | $220.10M | $213.71M | $191.19M | $198.18M | $175.64M | $163.23M | $156.87M | $169.96M | $127.68M | $116.33M | $114.04M |
| Operating Income | $48.24M | $11.23M | $-24.61M | $-27.48M | $-10.80M | $-9.63M | $-23.93M | $-23.23M | $-24.35M | $-20.44M | $-118.50M | $-44.77M | $-13.48M | $-32.21M |
| Operating Margin % | 5.7% | 1.4% | -3.2% | -3.8% | -1.5% | -1.4% | -3.8% | -3.8% | -4.2% | -3.7% | -22.4% | -8.9% | -2.9% | -7.3% |
| Interest Expense | - | $422.00K | $422.00K | $644.00K | $860.00K | $861.00K | $901.00K | $935.00K | $984.00K | $950.00K | $937.00K | $930.00K | $940.00K | $923.00K |
| Interest Income | $13.11M | $14.25M | $18.29M | $20.56M | $21.83M | $21.78M | $20.37M | $18.73M | $18.63M | $16.18M | $13.54M | $10.47M | $7.78M | $4.66M |
| Other Income/Expense | $302.00K | $-2.35M | $1.09M | $-2.31M | $2.91M | $-565.00K | $1.78M | $13.16M | $-2.54M | $-1.66M | $330.00K | $-794.00K | $-6.25M | $-1.19M |
| Income Before Tax | $61.66M | $23.14M | $-5.46M | $-9.87M | $12.99M | $10.65M | $-2.68M | $7.72M | $-9.24M | $-6.88M | $-105.56M | $-36.02M | $-12.89M | $-29.66M |
| Income Tax Expense | $7.23M | $6.60M | $-2.20M | $11.92M | $8.01M | $2.50M | $11.75M | $1.79M | $4.36M | $-1.41M | $13.38M | $2.26M | $2.74M | $1.75M |
| Net Income | $54.43M | $16.54M | $-3.26M | $-21.79M | $4.98M | $8.15M | $-14.44M | $5.93M | $-13.60M | $-5.46M | $-118.95M | $-38.28M | $-15.64M | $-31.41M |
| Net Margin % | 6.4% | 2.0% | -0.4% | -3.1% | 0.7% | 1.2% | -2.3% | 1.0% | -2.3% | -1.0% | -22.5% | -7.6% | -3.3% | -7.1% |
| Basic EPS | 1.04 | 0.31 | -0.06 | -0.42 | 0.10 | 0.16 | -0.28 | 0.12 | -0.26 | -0.11 | -2.39 | -0.78 | -0.32 | -0.65 |
| Diluted EPS | 1.02 | 0.31 | -0.06 | -0.42 | 0.10 | 0.16 | -0.28 | 0.12 | -0.26 | -0.11 | -2.39 | -0.78 | -0.32 | -0.65 |
| Basic Shares Outstanding | - | 52.5M | 52.7M | 52.2M | 161K | 51.4M | 51.0M | 50.7M | 158K | 50.1M | 49.7M | 49.4M | 244K | 48.1M |
| Diluted Shares Outstanding | - | 52.7M | 52.7M | 52.2M | 802K | 51.8M | 51.0M | 51.5M | 158K | 50.1M | 49.7M | 49.4M | 244K | 48.1M |
| 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) |
Q4 2023 (Dec 31, 2023) |
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 | $882.24M | $614.35M | $601.20M | $625.03M | $512.67M | $410.06M | $797.88M | $447.79M | $387.99M | $535.54M | $457.22M | $325.16M | $331.02M | $331.66M |
| Accounts Receivable | $419.15M | $314.51M | $321.13M | $294.51M | $334.83M | $278.89M | $269.91M | $266.86M | $295.30M | $212.41M | $206.70M | $197.52M | $226.85M | $166.67M |
| Other Current Assets | $100.61M | $110.08M | $129.56M | $108.59M | $80.59M | $86.70M | $111.03M | $92.30M | $88.68M | $78.54M | $89.84M | $63.48M | $44.07M | $45.06M |
| Total Current Assets | $2.45B | $2.11B | $2.31B | $2.61B | $2.63B | $2.44B | $2.24B | $1.99B | $1.87B | $1.97B | $1.91B | $1.82B | $1.75B | $1.56B |
| Property Plant & Equipment | $141.87M | $137.39M | $132.35M | $123.81M | $114.17M | $110.95M | $105.89M | $103.36M | $103.33M | $104.95M | $104.23M | $107.06M | $105.23M | $102.63M |
| Goodwill | $291.45M | $274.79M | $274.72M | $255.04M | $209.51M | $174.16M | $173.56M | $173.67M | $173.76M | $46.05M | $46.46M | $46.45M | $46.23M | $45.01M |
| Intangible Assets | $35.23M | $36.92M | $40.04M | $41.05M | $37.56M | $35.21M | $37.42M | $39.83M | $42.32M | $13.38M | $15.85M | $16.70M | $17.45M | $17.59M |
| Other Non-current Assets | $165.60M | $156.53M | $143.58M | $126.20M | $115.25M | $112.05M | $93.87M | $88.06M | $75.25M | $70.93M | $65.88M | $66.14M | $58.80M | $56.40M |
| Total Assets | $3.85B | $3.50B | $3.68B | $3.90B | $3.80B | $3.56B | $3.36B | $3.19B | $3.07B | $2.82B | $2.73B | $2.64B | $2.54B | $2.30B |
| Accounts Payable | $24.76M | $24.87M | $12.53M | $22.23M | $3.65M | $5.27M | $4.12M | $7.93M | $9.11M | $16.81M | $3.13M | $2.96M | $20.88M | $13.32M |
| Deferred Revenue | $1.00B | $882.10M | $888.30M | $836.30M | $784.25M | $719.60M | $708.11M | $696.88M | $672.15M | $578.28M | $585.93M | $571.79M | $539.87M | $468.54M |
| Total Current Liabilities | $1.47B | $1.32B | $1.29B | $1.58B | $1.57B | $1.49B | $1.44B | $959.63M | $956.25M | $839.20M | $847.46M | $810.43M | $761.65M | $668.21M |
| Other Non-current Liabilities | $89.34M | $90.63M | $83.22M | $60.52M | $55.64M | $46.69M | $40.11M | $38.24M | $36.46M | $28.54M | $25.77M | $17.76M | $14.55M | $12.42M |
| Total Liabilities | $1.79B | $1.65B | $1.62B | $1.89B | $1.89B | $1.81B | $1.76B | $1.74B | $1.75B | $1.63B | $1.65B | $1.60B | $1.55B | $1.39B |
| Common Stock | $53.00K | $52.00K | $53.00K | $52.00K | $52.00K | $51.00K | $51.00K | $51.00K | $50.00K | $50.00K | $50.00K | $49.00K | $49.00K | $48.00K |
| Retained Earnings | $-753.90M | $-808.32M | $-824.86M | $-821.60M | $-799.81M | $-804.79M | $-812.94M | $-798.50M | $-818.68M | $-805.07M | $-799.61M | $-680.66M | $-642.38M | $-626.75M |
| Treasury Stock | $2.00K | $2.00K | $1.00K | - | - | - | - | - | - | - | - | - | - | - |
| Total Stockholders Equity | $2.07B | $1.86B | $2.07B | $2.00B | $1.91B | $1.75B | $1.60B | $1.45B | $1.32B | $1.19B | $1.08B | $1.05B | $992.22M | $906.70M |
| Total Liabilities & Equity | $3.85B | $3.50B | $3.68B | $3.90B | $3.80B | $3.56B | $3.36B | $3.19B | $3.07B | $2.82B | $2.73B | $2.64B | $2.54B | $2.30B |
| 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) |
Q4 2023 (Dec 31, 2023) |
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 | $54.43M | $16.54M | $-25.05M | $-21.79M | $4.98M | $8.15M | $-8.50M | $5.93M | $-13.60M | $-162.69M | $-118.95M | $-38.28M | $-15.64M | $-31.41M |
| Depreciation & Amortization | $38.57M | $97.73M | $62.02M | $28.83M | $28.38M | $68.45M | $43.44M | $21.23M | $19.16M | $53.51M | $33.00M | $16.57M | $15.53M | $42.62M |
| Stock-based Compensation | $132.40M | $395.75M | $257.67M | $116.69M | $134.39M | $370.38M | $240.12M | $111.12M | $113.73M | $318.55M | $211.04M | $83.04M | $76.77M | $199.08M |
| Deferred Income Tax | $268.00K | $-270.00K | $-214.00K | $-335.00K | $3.30M | $-611.00K | $-212.00K | $-167.00K | $265.00K | $4.94M | $4.80M | $47.00K | $-1.53M | $-589.00K |
| Change in Receivables | $99.81M | $-35.81M | $-30.03M | $-45.66M | $62.29M | $-13.86M | $-18.42M | $-25.42M | $70.80M | $-13.18M | $-21.63M | $-30.61M | $53.85M | $20.14M |
| Change in Payables | $-1.13M | $20.13M | $9.12M | $18.03M | $-6.03M | $1.45M | $-218.00K | $-1.30M | $-8.87M | $-5.17M | $-17.81M | $-17.87M | $7.62M | $10.66M |
| Operating Cash Flow | $247.43M | $513.29M | $325.93M | $161.57M | $194.14M | $404.46M | $244.92M | $127.09M | $104.31M | $246.66M | $157.61M | $81.07M | $89.97M | $183.21M |
| Capital Expenditure | $13.45M | $39.72M | $29.37M | $13.35M | $12.73M | $25.21M | $14.08M | $5.88M | $8.69M | $25.03M | $14.19M | $3.31M | $6.04M | $31.38M |
| Acquisitions | $16.14M | $71.47M | $69.83M | $51.36M | - | - | - | - | - | - | - | - | - | - |
| Sales of Investments | $351.45M | $1.89B | $1.31B | $803.06M | $503.05M | $1.16B | $849.60M | $352.79M | $347.75M | $1.15B | $729.83M | $287.97M | $167.20M | $1.02B |
| Investing Cash Flow | $30.40M | $461.37M | $291.16M | $22.56M | $-85.51M | $-430.35M | $139.03M | $-74.13M | $-266.45M | $-68.32M | $-53.31M | $-98.71M | $-108.54M | $-211.12M |
| Debt Repayment | - | - | - | $90.57M | - | - | - | - | - | - | - | - | - | $1.62M |
| Stock Repurchased | $14.75M | $485.27M | $125.00M | - | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $-9.47M | $-900.54M | $-559.96M | $-80.33M | $10.06M | $43.43M | $31.76M | $11.15M | $6.65M | $30.36M | $20.45M | $10.06M | $8.61M | $-1.18M |
| Net Change in Cash | $267.89M | $100.33M | $87.18M | $112.36M | $102.61M | $22.07M | $409.89M | $59.81M | $-146.66M | $204.52M | $126.20M | $-5.86M | $-513.00K | $-45.35M |
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 | $809.52M | - | $2.28B | - |
| Cost of Revenue | $133.52M | - | $370.79M | - |
| Gross Profit | $676.00M | - | $1.91B | - |
| Operating Expenses | $664.77M | - | $1.95B | - |
| Research & Development | $227.71M | - | $685.15M | - |
| Operating Income | $11.23M | - | $-40.86M | - |
| Interest Expense | $4.00K | - | $422.00K | - |
| Interest Income | $14.25M | - | $53.11M | - |
| Other Income/Expense | $-2.35M | - | $-3.56M | - |
| Income Before Tax | $23.14M | - | $7.81M | - |
| Income Tax Expense | $6.60M | - | $16.32M | - |
| Net Income | $16.54M | $-14.44M | $-8.52M | - |
| Basic EPS | 0.31 | - | -0.16 | - |
| Diluted EPS | 0.31 | - | -0.16 | - |
| Basic Shares Outstanding | $52.51M | - | $52.45M | - |
| Diluted Shares Outstanding | $52.67M | - | $52.45M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $614.35M | $512.67M |
| Accounts Receivable | $314.51M | $334.83M |
| Other Current Assets | $110.08M | $80.59M |
| Total Current Assets | $2.11B | $2.63B |
| Property Plant & Equipment | $137.39M | $114.17M |
| Goodwill | $274.79M | $209.51M |
| Intangible Assets | $36.92M | $37.56M |
| Other Non-current Assets | $156.53M | $115.25M |
| Total Assets | $3.50B | $3.80B |
| Accounts Payable | $24.87M | $3.65M |
| Deferred Revenue | $882.10M | $784.25M |
| Total Current Liabilities | $1.32B | $1.57B |
| Other Non-current Liabilities | $90.63M | $55.64M |
| Total Liabilities | $1.65B | $1.89B |
| Common Stock | $52.00K | $52.00K |
| Retained Earnings | $-808.32M | $-799.81M |
| Treasury Stock | $2.00K | - |
| Total Stockholders Equity | $1.86B | $1.91B |
| Total Liabilities & Equity | $3.50B | $3.80B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $16.54M | $-14.44M | $-8.52M | - |
| Depreciation & Amortization | - | - | $97.73M | - |
| Stock-based Compensation | - | - | $395.75M | - |
| Deferred Income Tax | - | - | $-270.00K | - |
| Change in Receivables | - | - | $-35.81M | - |
| Change in Payables | - | - | $20.13M | - |
| Operating Cash Flow | - | - | $513.29M | - |
| Capital Expenditure | - | - | $39.72M | - |
| Acquisitions | - | - | $71.47M | - |
| Sales of Investments | - | - | $1.89B | - |
| Investing Cash Flow | - | - | $461.37M | - |
| Stock Repurchased | - | - | $485.27M | - |
| Financing Cash Flow | - | - | $-900.54M | - |
| Net Change in Cash | - | - | $100.33M | - |
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.