$967.60M
Revenue
$307.42M
Net Income
84.98%
Gross Margin
7.81%
Op. Margin
$-84.90M
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 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Total Revenue | $967.60M | $967.60M | $838.60M | $1.47B | $939.48M | $902.72M |
| Revenue Growth % | 0.0% | 15.4% | -42.8% | 56.0% | 4.1% | nan% |
| Cost of Revenue | $145.36M | $145.36M | $167.63M | $172.84M | $60.75M | - |
| Gross Profit | $822.24M | $822.24M | $670.96M | $1.29B | $878.73M | - |
| Gross Margin % | 85.0% | 85.0% | 80.0% | 88.2% | 93.5% | nan% |
| Operating Expenses | $892.02M | $892.02M | $1.31B | $1.37B | $909.62M | $557.96M |
| Selling General & Admin | $599.75M | $599.75M | $759.78M | $764.93M | $654.83M | $428.54M |
| Operating Income | $75.58M | $75.58M | $-475.74M | $96.05M | $29.86M | $344.76M |
| Operating Margin % | 7.8% | 7.8% | -56.7% | 6.6% | 3.2% | 38.2% |
| Interest Expense | $92.74M | $92.74M | $133.31M | $156.24M | $141.00M | $65.25M |
| Interest Income | $3.71M | $3.71M | $3.62M | $3.88M | $2.73M | $564.00K |
| Income Before Tax | $229.56M | $229.56M | $-878.73M | $-199.28M | $-334.34M | $279.46M |
| Income Tax Expense | $-9.88M | $-9.88M | $22.12M | $-39.12M | $-65.25M | $75.44M |
| Net Income | $307.42M | $307.42M | $-764.27M | $-99.91M | $-159.83M | $204.02M |
| Net Margin % | 31.8% | 31.8% | -91.1% | -6.8% | -17.0% | 22.6% |
| Basic EPS | 9.80 | 9.80 | -25.46 | -3.69 | -5.95 | 7.83 |
| Diluted EPS | 9.80 | 9.80 | -25.46 | -3.69 | -5.95 | 7.56 |
| Basic Shares Outstanding | 14K | 30.6M | 30.3M | 29.3M | 28.2M | 25.6M |
| Diluted Shares Outstanding | 14K | 30.6M | 30.3M | 29.3M | 28.2M | 26.5M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $226.60M | $154.88M | $222.69M | $268.62M | $103.60M |
| Accounts Receivable | $55.47M | $88.38M | $101.04M | $149.11M | $46.52M |
| Inventory | $48.02M | $63.00M | - | - | - |
| Other Current Assets | $128.65M | $252.34M | $241.86M | $460.70M | $87.26M |
| Property Plant & Equipment | $17.61M | $18.95M | $25.21M | $27.14M | $11.69M |
| Goodwill | $392.69M | $423.14M | $466.64M | $506.91M | $227.05M |
| Intangible Assets | $118.29M | $146.88M | $198.25M | $374.10M | $190.75M |
| Total Assets | $1.71B | $1.78B | $6.08B | $6.11B | $2.66B |
| Accounts Payable | $41.46M | $52.56M | $43.99M | $81.38M | $2.72M |
| Other Current Liabilities | - | $3.40M | $2.48M | $2.21M | - |
| Long-term Debt | $1.43B | - | - | - | - |
| Deferred Tax Liabilities | $4.11M | $5.46M | - | $29.55M | - |
| Total Liabilities | $1.83B | $2.24B | $5.72B | $5.43B | $2.12B |
| Common Stock | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K |
| Retained Earnings | $-763.29M | $-1.07B | $-281.29M | $-45.22M | $203.08M |
| Total Stockholders Equity | $-171.53M | $-488.18M | $291.12M | $446.51M | $512.59M |
| Total Liabilities & Equity | $1.71B | $1.78B | $6.08B | $6.11B | $2.66B |
| 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 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Net Income | $436.91M | $307.42M | $-764.27M | $-99.91M | $-159.83M | $204.02M |
| Depreciation & Amortization | $64.06M | $35.17M | $45.41M | $49.60M | $39.97M | $19.37M |
| Stock-based Compensation | $26.14M | $13.97M | $19.05M | $45.11M | $61.14M | $18.59M |
| Deferred Income Tax | $29.54M | $11.48M | $25.89M | $-40.95M | $-80.43M | $61.62M |
| Change in Receivables | $-13.88M | $-6.79M | $-2.23M | $-26.40M | $-6.60M | $-24.49M |
| Change in Inventory | - | - | $7.42M | - | - | - |
| Operating Cash Flow | $-84.90M | $-59.71M | $263.55M | $24.50M | $6.65M | $57.69M |
| Acquisitions | - | - | $19.14M | $26.24M | $261.69M | - |
| Investing Cash Flow | $659.88M | $311.48M | $440.53M | $301.17M | $-32.29M | $-128.45M |
| Stock Issued | - | - | - | $115.00M | - | - |
| Stock Repurchased | - | - | - | $69.48M | $6.52M | $48.25M |
| Dividends Paid | - | - | $33.73M | $141.10M | $119.45M | $38.79M |
| Financing Cash Flow | $-704.33M | $-279.37M | $-671.95M | $-365.92M | $17.64M | $69.54M |
| Net Change in Cash | $-129.06M | $-27.40M | $22.84M | $-37.09M | $-8.93M | $98.00K |
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 | $277.87M | $175.36M | $689.24M | $567.84M |
| Cost of Revenue | $35.00M | $40.31M | $106.85M | $118.90M |
| Operating Expenses | $212.46M | $257.52M | $674.49M | $898.60M |
| Selling General & Admin | $143.89M | $161.07M | $453.65M | $518.03M |
| Operating Income | $65.41M | $-82.16M | $14.75M | $-330.76M |
| Interest Expense | $18.77M | $33.00M | $72.69M | $102.19M |
| Interest Income | $1.49M | $1.43M | $3.47M | $2.89M |
| Income Before Tax | $98.60M | $-140.66M | $150.34M | $-643.26M |
| Income Tax Expense | $1.18M | $9.95M | $1.19M | $17.80M |
| Net Income | $91.08M | $-284.40M | $220.58M | $-767.17M |
| Basic EPS | 2.91 | -9.39 | 7.02 | -25.53 |
| Diluted EPS | 2.91 | -9.39 | 7.02 | -25.53 |
| Basic Shares Outstanding | $30.60M | $30.50M | $30.54M | $30.28M |
| Diluted Shares Outstanding | $30.60M | $30.50M | $30.54M | $30.28M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $184.22M | $146.85M |
| Accounts Receivable | $63.46M | $68.65M |
| Inventory | $51.01M | $63.00M |
| Other Current Assets | $219.40M | $242.92M |
| Property Plant & Equipment | $18.08M | $18.68M |
| Goodwill | $392.69M | $392.69M |
| Intangible Assets | $124.64M | $146.45M |
| Total Assets | $1.67B | $1.78B |
| Accounts Payable | $41.43M | $51.24M |
| Accrued Liabilities | $46.89M | $51.70M |
| Other Current Liabilities | $2.60M | $3.40M |
| Long-term Debt | $1.31B | $1.53B |
| Deferred Tax Liabilities | $2.33M | $5.46M |
| Total Liabilities | $1.88B | $2.24B |
| Common Stock | $3.00K | $3.00K |
| Retained Earnings | $-850.13M | $-1.07B |
| Total Stockholders Equity | $-260.46M | $-488.18M |
| Total Liabilities & Equity | $1.67B | $1.78B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $91.08M | $-284.40M | $220.58M | $-767.17M |
| Depreciation & Amortization | - | - | $27.23M | $34.13M |
| Stock-based Compensation | - | - | $11.02M | $17.59M |
| Deferred Income Tax | - | - | $9.16M | $20.45M |
| Change in Receivables | - | - | $-238.00K | $-7.24M |
| Operating Cash Flow | - | - | $-85.93M | $266.29M |
| Acquisitions | - | - | - | $19.14M |
| Investing Cash Flow | - | - | $275.93M | $25.53M |
| Dividends Paid | - | - | - | $33.63M |
| Financing Cash Flow | - | - | $-260.99M | $-354.72M |
| Net Change in Cash | - | - | $-71.18M | $-63.99M |
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.