$609.78M
Revenue
$71.32M
Net Income
36.50%
Gross Margin
13.53%
Op. Margin
$39.17M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $609.78M | $609.78M | $516.01M | $493.61M | $427.79M | $379.51M |
| Revenue Growth % | 0.0% | 18.2% | 4.5% | 15.4% | 12.7% | nan% |
| Cost of Revenue | $387.19M | $387.19M | $317.23M | $312.88M | $324.43M | $266.37M |
| Gross Profit | $222.59M | $222.59M | $198.78M | $180.73M | $103.36M | $113.15M |
| Gross Margin % | 36.5% | 36.5% | 38.5% | 36.6% | 24.2% | 29.8% |
| Operating Expenses | - | $140.06M | $124.96M | $124.24M | $100.31M | $88.56M |
| Research & Development | - | $399.00K | $398.00K | $418.00K | - | - |
| Selling General & Admin | $140.06M | $140.06M | $124.96M | $124.24M | $100.31M | $88.56M |
| Operating Income | $82.53M | $82.53M | $73.82M | $56.49M | $3.06M | $24.59M |
| Operating Margin % | 13.5% | 13.5% | 14.3% | 11.4% | 0.7% | 6.5% |
| Interest Expense | - | - | $1.00K | $31.00K | $258.00K | $360.00K |
| Interest Income | $6.55M | $6.55M | $6.71M | $2.58M | $51.00K | $127.00K |
| Other Income/Expense | $10.44M | $10.44M | $-3.03M | $1.43M | $7.79M | $-360.00K |
| Income Before Tax | $92.97M | $92.97M | $70.79M | $57.92M | $10.84M | $24.23M |
| Income Tax Expense | $21.65M | $21.65M | $14.84M | $11.29M | $3.03M | $5.24M |
| Net Income | $71.32M | $71.32M | $55.95M | $46.63M | $7.81M | $19.02M |
| Net Margin % | 11.7% | 11.7% | 10.8% | 9.4% | 1.8% | 5.0% |
| Basic EPS | 1.24 | 1.25 | 0.99 | 0.83 | 0.14 | 0.35 |
| Diluted EPS | 1.18 | 1.19 | 0.94 | 0.79 | 0.14 | 0.35 |
| Basic Shares Outstanding | - | 56.9M | 56.7M | 56.4M | 55.7M | 53.7M |
| Diluted Shares Outstanding | - | 60.0M | 59.3M | 58.7M | 56.1M | 54.2M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $196.87M | $164.67M | $132.54M | $19.63M | $28.69M |
| Accounts Receivable | $81.51M | $63.45M | $50.09M | $43.35M | $47.20M |
| Inventory | $111.47M | $83.60M | $50.76M | $84.11M | $75.36M |
| Other Current Assets | $30.16M | $27.24M | $24.16M | $22.18M | $20.72M |
| Total Current Assets | $421.44M | $341.29M | $262.94M | $174.92M | $173.26M |
| Property Plant & Equipment | $9.30M | $2.35M | $2.14M | $2.08M | $2.47M |
| Goodwill | $7.79M | $7.79M | $7.79M | $7.79M | $7.79M |
| Intangible Assets | - | - | - | - | $7.93M |
| Other Non-current Assets | $2.71M | $2.21M | $1.84M | $1.68M | $1.95M |
| Total Assets | $461.16M | $362.38M | $285.68M | $197.76M | $197.48M |
| Accounts Payable | $25.46M | $30.76M | $21.83M | $15.91M | $28.34M |
| Accrued Liabilities | $89.46M | $65.60M | $59.53M | $38.34M | $42.40M |
| Total Current Liabilities | $116.43M | $103.27M | $82.58M | $54.35M | $73.96M |
| Deferred Tax Liabilities | - | - | - | - | - |
| Other Non-current Liabilities | $97.00K | $295.00K | $647.00K | $2.29M | $301.00K |
| Total Liabilities | $129.62M | $103.56M | $83.25M | $56.66M | $74.31M |
| Common Stock | $642.00K | $637.00K | $631.00K | $622.00K | $618.00K |
| Retained Earnings | $228.01M | $156.69M | $100.74M | $55.18M | $47.37M |
| Total Stockholders Equity | $331.54M | $258.82M | $202.44M | $141.09M | $123.17M |
| Total Liabilities & Equity | $461.16M | $362.38M | $285.68M | $197.76M | $197.48M |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $90.20M | $71.32M | $55.95M | $46.63M | $7.81M | $19.02M |
| Depreciation & Amortization | $1.68M | $1.07M | $745.00K | $660.00K | $1.90M | $2.07M |
| Stock-based Compensation | $18.18M | $10.84M | $8.92M | $9.13M | $7.38M | $3.38M |
| Deferred Income Tax | - | $-364.00K | $643.00K | $-2.49M | - | - |
| Change in Receivables | $69.48M | $18.57M | $14.17M | $7.09M | $-321.00K | $16.92M |
| Change in Inventory | $31.70M | $27.32M | $32.98M | $-33.69M | $9.33M | $43.50M |
| Operating Cash Flow | $49.38M | $47.17M | $42.90M | $107.16M | $-10.94M | $-16.17M |
| Capital Expenditure | $10.22M | $8.15M | $974.00K | $599.00K | $982.00K | $557.00K |
| Investing Cash Flow | $-10.32M | $-8.25M | $-974.00K | $-594.00K | $-982.00K | $-557.00K |
| Stock Issued | - | - | - | - | - | - |
| Stock Repurchased | $12.77M | $11.27M | $12.03M | $773.00K | - | $50.00M |
| Financing Cash Flow | $-17.71M | $-7.53M | $-8.30M | $6.29M | $3.03M | $-26.80M |
| Net Change in Cash | $23.55M | $32.22M | $33.07M | $113.24M | $-9.06M | $-43.49M |
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 | $182.31M | $132.91M | $481.99M | $388.72M |
| Cost of Revenue | $113.64M | $81.34M | $303.98M | $231.24M |
| Gross Profit | $68.67M | $51.56M | $178.02M | $157.48M |
| Selling General & Admin | $40.74M | $30.97M | $105.68M | $87.94M |
| Operating Income | $27.92M | $20.59M | $72.34M | $69.53M |
| Interest Income | $1.78M | $1.88M | $4.79M | $5.03M |
| Other Income/Expense | $2.76M | $5.02M | $10.88M | $-398.00K |
| Income Before Tax | $30.68M | $25.61M | $83.21M | $69.14M |
| Income Tax Expense | $6.68M | $6.36M | $17.42M | $16.55M |
| Net Income | $24.00M | $19.25M | $65.79M | $52.58M |
| Basic EPS | 0.42 | 0.34 | 1.16 | 0.93 |
| Diluted EPS | 0.40 | 0.32 | 1.10 | 0.89 |
| Basic Shares Outstanding | $56.85M | $56.77M | $56.88M | $56.69M |
| Diluted Shares Outstanding | $59.88M | $59.31M | $59.83M | $59.10M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $203.71M | $164.67M |
| Accounts Receivable | $103.39M | $63.45M |
| Inventory | $84.42M | $83.60M |
| Other Current Assets | $28.88M | $27.24M |
| Total Current Assets | $423.33M | $341.29M |
| Property Plant & Equipment | $7.21M | $2.35M |
| Goodwill | $7.79M | $7.79M |
| Other Non-current Assets | $2.58M | $2.21M |
| Total Assets | $461.29M | $362.38M |
| Accounts Payable | $22.26M | $30.76M |
| Accrued Liabilities | $99.78M | $65.60M |
| Total Current Liabilities | $123.46M | $103.27M |
| Other Non-current Liabilities | $98.00K | $295.00K |
| Total Liabilities | $137.56M | $103.56M |
| Common Stock | $640.00K | $637.00K |
| Retained Earnings | $222.49M | $156.69M |
| Total Stockholders Equity | $323.73M | $258.82M |
| Total Liabilities & Equity | $461.29M | $362.38M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $24.00M | $19.25M | $65.79M | $52.58M |
| Depreciation & Amortization | - | - | $636.00K | $540.00K |
| Stock-based Compensation | - | - | $8.12M | $6.65M |
| Change in Receivables | - | - | $39.71M | $26.91M |
| Change in Inventory | - | - | $302.00K | $13.97M |
| Operating Cash Flow | - | - | $51.07M | $35.98M |
| Capital Expenditure | - | - | $4.92M | $849.00K |
| Investing Cash Flow | - | - | $-4.92M | $-849.00K |
| Stock Repurchased | $151.00K | - | $10.20M | $12.03M |
| Financing Cash Flow | - | - | $-7.93M | $-10.36M |
| Net Change in Cash | - | - | $39.05M | $25.10M |
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.