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$1.88B
Revenue
$63.00M
Net Income
14.67%
Gross Margin
6.82%
Op. Margin
$-105.02M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 15 of 14 annual reports available (2011 - 2024)
Breakdown TTM
(Sep 30, 2025)
N/A
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
+ Total Revenue $1.88B - $1.77B $1.37B $1.82B $1.22B $1.03B $866.93M $787.14M $717.15M $651.23M $630.83M $593.24M $574.17M $631.17M $728.20M
Revenue Growth % 6.4% - 28.8% -24.7% 50.1% 17.8% 19.1% 10.1% 9.8% 10.1% 3.2% 6.3% 3.3% -9.0% -13.3% nan%
Cost of Revenue $1.61B - $1.51B $1.13B $1.53B $985.34M $844.73M $698.82M $613.53M $572.99M $516.88M $513.77M $476.31M $470.85M $503.02M $593.15M
+ Gross Profit $276.40M - $256.09M $246.43M $290.83M $230.36M $187.55M $168.12M $173.61M $144.16M $134.34M $117.06M $116.93M $103.32M $128.15M $135.05M
Gross Margin % 14.7% - 14.5% 17.9% 15.9% 18.9% 18.2% 19.4% 22.1% 20.1% 20.6% 18.6% 19.7% 18.0% 20.3% 18.5%
Operating Expenses - - - - - - - - - - - - - - $99.49M $84.36M
Selling General & Admin $175.44M - $173.76M $162.14M $157.84M $134.92M $116.05M $116.50M $114.51M - - - - - - -
+ Operating Income $128.46M - $108.75M $82.22M $132.99M $95.43M $71.50M $51.61M $59.10M $36.59M $23.78M $7.06M $13.15M $6.63M $28.66M $50.69M
Operating Margin % 6.8% - 6.1% 6.0% 7.3% 7.9% 6.9% 6.0% 7.5% 5.1% 3.7% 1.1% 2.2% 1.2% 4.5% 7.0%
Interest Expense $180.70M - $110.39M $80.25M $32.95M $18.78M $20.14M $17.47M $15.56M $11.68M $7.22M $5.54M $6.58M $7.18M $6.17M $4.72M
Other Income/Expense $-60.38M - $-74.81M $-43.95M $-27.27M $-17.29M $-15.07M $-15.06M $-16.71M $-7.87M $-7.41M $-6.76M $-6.86M $-3.87M $-4.05M $-5.19M
Income Before Tax $47.60M - $33.94M $38.27M $105.72M $78.14M $56.43M $36.55M $42.39M $28.72M $16.37M $292.00K $6.29M $2.76M $24.61M $45.49M
Income Tax Expense $-22.07M - $-20.00M $-25.64M $7.17M $-2.05M $-494.00K $-3.75M $4.81M $-4.79M $4.37M $2.84M $-4.09M $344.68K $6.25M $10.77M
+ Net Income $63.00M - $56.76M $62.47M $94.93M $70.46M $54.05M $44.44M $37.98M $37.49M $12.00M $-2.55M $10.38M $2.41M $18.36M $33.41M
Net Margin % 3.3% - 3.2% 4.5% 5.2% 5.8% 5.2% 5.1% 4.8% 5.2% 1.8% -0.4% 1.8% 0.4% 2.9% 4.6%
Basic EPS 1.20 - 1.08 1.20 1.83 1.38 1.13 0.95 0.83 0.82 0.26 0.06 0.22 0.05 0.41 0.82
Diluted EPS 1.19 - 1.07 1.17 1.78 1.35 1.10 0.93 0.81 0.82 0.26 0.06 0.22 0.05 0.40 0.78
Basic Shares Outstanding 52.7M - 52.4M 52.1M 51.8M 50.9M 47.7M 46.6M 45.7M 45.5M 46.4M 46.5M 46.2M 45.6M 44.6M 42.6M
Diluted Shares Outstanding 53.4M - 53.1M 53.2M 53.3M 52.3M 49.0M 47.8M 46.8M 45.7M 46.5M 47.7M 46.7M 46.4M 46.0M 44.7M
Breakdown N/A
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
Cash & Cash Equivalents - $108.52M $79.27M $115.53M $50.45M $66.42M $33.22M $61.40M $24.26M $20.61M $21.64M $23.76M $17.17M $63.35M $26.28M
Accounts Receivable - $256.96M $153.36M $174.01M $161.97M $125.01M $95.86M $85.98M $85.12M $85.35M $73.37M $71.66M $86.01M $84.12M $109.30M
Inventory - $11.56M $13.64M $14.22M $8.81M $8.57M $9.24M $7.76M $8.14M $12.10M $13.22M $8.90M $10.26M $9.50M $8.64M
Other Current Assets - $145.91M $123.39M $38.62M - - - - - - - - - - -
Total Current Assets - $1.30B $1.13B $1.00B $638.59M $490.71M $425.19M $310.97M $287.08M $226.06M $263.70M $226.74M $249.83M $297.84M $283.06M
Property Plant & Equipment - $11.04M $17.39M $15.71M $13.12M $8.98M $10.10M $6.99M $5.30M $5.02M $5.33M $7.37M $8.70M $9.39M $7.09M
Goodwill - $66.31M $75.59M $70.63M $71.16M $58.71M $58.41M $58.33M $56.13M $57.98M $59.09M $60.48M $53.07M $48.97M $47.88M
Intangible Assets - $8.81M $6.81M $4.69M $6.96M $927.00K $1.61M $2.00M $2.44M $3.93M $6.77M $11.24M $10.25M $9.74M $12.73M
Other Non-current Assets - $89.95M $89.73M $38.56M $22.78M $15.31M $35.82M $29.39M $27.64M $26.33M $18.45M $22.58M $22.44M $4.65M $3.78M
Total Assets - $4.16B $3.71B $2.88B $2.22B $1.75B $1.37B $1.16B $983.95M $797.28M $728.74M $629.66M $604.66M $675.47M $645.60M
Accounts Payable - $529.34M $402.75M $349.13M $308.96M $230.92M $202.42M $134.33M $135.88M $126.58M $114.76M $87.79M $88.73M $101.01M $93.51M
Accrued Liabilities - $107.29M $108.83M $89.17M $43.31M $41.75M $31.36M $35.95M $23.26M $22.76M $21.98M $26.94M $11.95M $13.16M $8.92M
Deferred Revenue - $91.73M $52.90M $34.80M $35.92M $33.98M $26.62M $24.36M $19.87M - - - - - -
Total Current Liabilities - $889.01M $901.47M $812.07M $474.22M $383.10M $336.65M $222.63M $202.14M $190.60M $179.72M $146.09M $131.20M $148.89M $148.27M
Long-term Debt - $1.48B $1.17B $568.63M $377.18M $311.67M $266.18M $219.16M $173.24M $140.59M $105.79M $90.04M $103.22M $201.92M $196.40M
Deferred Tax Liabilities - $2.22M $4.48M $9.18M $3.87M $2.36M $115.00K $4.35M $584.00K - - - - - -
Other Non-current Liabilities - $114.45M $82.71M $49.49M $43.18M $37.66M $29.57M $29.21M $18.75M $15.15M $18.85M $20.30M $29.65M $30.36M $28.53M
Total Liabilities - - - - - - - - - - - - - - $260.91M
Retained Earnings - $652.56M $595.91M $533.55M $438.73M $368.39M $314.46M $269.81M $235.84M $194.35M $184.45M $181.48M $171.09M $177.17M $161.34M
Treasury Stock - - - - $11.79M $11.79M $11.78M $11.64M $9.80M $6.39M - - - $9.18M $-9.18M
Total Stockholders Equity - $1.01B $901.98M $824.03M $704.26M $492.81M $428.86M $376.88M $336.62M $294.31M $289.54M $286.31M $276.80M $261.82M $236.42M
Total Liabilities & Equity - $4.16B $3.71B $2.88B $2.22B $1.75B $1.37B $1.16B $983.95M $797.28M $728.74M $629.66M $604.66M $675.47M $645.60M
Breakdown TTM
(Sep 30, 2025)
N/A
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
Net Income $57.52M - $56.76M $62.47M $94.93M $70.46M $54.05M $44.44M $37.98M $37.49M $12.00M $-2.55M $10.38M $2.41M $18.36M $33.41M
Stock-based Compensation $23.54M - $14.13M $10.32M $15.05M $8.72M $1.93M $1.62M $1.26M $1.29M $1.46M $1.77M $2.49M $2.80M $3.35M $2.87M
Deferred Income Tax - - - - - - - - - - - - - - - $19.84M
Change in Receivables $-34.10M - $96.87M $-52.65M $-3.48M $15.95M $24.18M $8.50M $-9.77M $-1.87M $12.00M $4.47M $-8.61M $2.61M $-25.62M $22.86M
Change in Inventory $2.44M - $-2.08M $-581.00K $5.41M $232.00K $-660.00K $1.47M $-373.00K $-3.97M $-1.12M $4.33M $-1.31M $94.08K $858.89K $1.81M
Operating Cash Flow $-102.57M - $117.60M $-69.99M $-338.29M $-172.30M $-102.58M $-196.29M $-53.20M $-136.56M $-58.07M $-49.54M $254.00K $-60.61M $87.53M $30.15M
Capital Expenditure $2.45M - $4.29M $5.71M $5.30M $4.90M $2.21M $6.67M $3.94M $2.85M $2.81M $1.34M $1.75M $2.33M $5.06M $3.45M
Acquisitions $12.54M - - $9.18M - $14.93M - $1.29M $3.59M $2.41M $3.58M - $13.90M $9.84M $4.01M $66.23M
Investing Cash Flow $-583.93M - $-386.64M $-566.94M $-328.36M $-205.26M $-181.01M $-142.22M $-133.21M $-88.04M $-79.62M $-51.83M $-38.60M $-29.94M $-48.95M $-105.60M
Debt Repayment - - - $303.06M $161.86M $98.20M $73.63M $28.43M $36.40M $54.16M $14.01M $12.39M $18.39M $14.67M $5.59M $5.07M
Stock Issued - - - - - $120.08M - - - - - - - - - -
Stock Repurchased - - - - - - $6.00K $144.00K $1.84M $3.41M $6.39M - - - - -
Financing Cash Flow $656.34M - $313.94M $640.80M $730.23M $365.46M $305.17M $317.42M $224.51M $228.09M $137.30M $100.70M $42.78M $43.19M $-1.83M $58.08M
Net Change in Cash $-26.76M - $44.70M $3.79M $62.83M $-11.78M $21.57M $-20.65M $37.81M $7.28M $-1.04M $-2.12M $6.59M $-46.18M $37.07M $-18.41M
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 $525.99M $500.87M $1.35B $1.24B
Cost of Revenue $441.66M $423.73M $1.14B $1.05B
Gross Profit $84.33M $77.14M $209.61M $189.30M
Selling General & Admin $43.37M $42.14M $127.59M $125.92M
Operating Income $42.35M $35.16M $83.82M $64.11M
Interest Expense - - $78.44M $80.17M
Other Income/Expense $-3.70M $-3.05M $1.37M $-3.94M
Income Before Tax $18.16M $13.69M $26.36M $12.71M
Income Tax Expense $-3.68M $-3.32M $-5.39M $-3.32M
Net Income $18.53M $17.60M $25.91M $19.67M
Basic EPS 0.35 0.34 0.49 0.37
Diluted EPS 0.35 0.33 0.49 0.37
Basic Shares Outstanding $52.72M $52.41M $52.63M $52.35M
Diluted Shares Outstanding $53.37M $53.24M $53.09M $53.10M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $94.55M $108.52M
Accounts Receivable $253.79M $256.96M
Inventory $12.79M $11.56M
Other Current Assets $189.75M $145.91M
Total Current Assets $1.42B $1.30B
Property Plant & Equipment $9.85M $11.04M
Goodwill $69.25M $66.31M
Intangible Assets $8.11M $8.81M
Other Non-current Assets $109.67M $89.95M
Total Assets $4.43B $4.16B
Accounts Payable $569.60M $529.34M
Accrued Liabilities $105.83M $107.29M
Deferred Revenue $87.30M $91.73M
Total Current Liabilities $939.30M $889.01M
Long-term Debt $1.72B $1.48B
Deferred Tax Liabilities $2.77M $2.22M
Other Non-current Liabilities $111.62M $114.45M
Retained Earnings $678.39M $652.56M
Total Stockholders Equity $1.06B $1.01B
Total Liabilities & Equity $4.43B $4.16B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $18.53M $17.60M $25.91M $19.67M
Stock-based Compensation - - $10.34M $10.37M
Change in Receivables - - $-18.54M $64.05M
Change in Inventory - - $1.23M $-1.66M
Operating Cash Flow - - $-37.47M $99.22M
Capital Expenditure - - $217.00K $3.05M
Acquisitions - - $4.59M -
Investing Cash Flow - - $-258.28M $-355.39M
Financing Cash Flow - - $310.97M $305.06M
Net Change in Cash - - $17.22M $50.72M

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.

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