$1.54B
Revenue
$233.56M
Net Income
61.10%
Gross Margin
20.16%
Op. Margin
$692.37M
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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.54B | $1.54B | $1.53B | $1.30B | $935.06M | $425.21M | $339.41M | $347.34M | $343.37M | $331.38M | $301.85M |
| Revenue Growth % | 0.0% | 0.5% | 18.3% | 38.6% | 119.9% | 25.3% | -2.3% | 1.2% | 3.6% | 9.8% | nan% |
| Cost of Revenue | $599.66M | $599.66M | $545.62M | $586.89M | $353.36M | $237.51M | $200.65M | $172.53M | $168.49M | $169.24M | $164.07M |
| Gross Profit | $941.95M | $941.95M | $988.29M | $709.54M | $581.70M | $187.69M | $138.76M | $174.81M | $174.88M | $162.13M | $137.78M |
| Gross Margin % | 61.1% | 61.1% | 64.4% | 54.7% | 62.2% | 44.1% | 40.9% | 50.3% | 50.9% | 48.9% | 45.6% |
| Operating Expenses | - | - | - | - | - | - | $142.96M | $123.15M | $110.40M | $110.28M | - |
| Research & Development | $177.31M | $177.31M | $168.10M | $77.71M | $311.68M | $44.97M | $32.79M | $20.02M | $17.07M | $18.12M | $12.20M |
| Operating Income | $310.83M | $310.83M | $456.98M | $364.64M | $36.20M | $-60.83M | $-4.20M | $51.66M | $64.49M | $51.85M | $56.59M |
| Operating Margin % | 20.2% | 20.2% | 29.8% | 28.1% | 3.9% | -14.3% | -1.2% | 14.9% | 18.8% | 15.6% | 18.7% |
| Interest Expense | $15.09M | $15.09M | $15.09M | $20.02M | $7.18M | $7.75M | $9.48M | $13.62M | $17.41M | $18.41M | $26.62M |
| Other Income/Expense | $31.33M | $31.33M | $37.23M | $66.32M | $-1.70M | $-7.35M | $2.20M | $-6.22M | $2.46M | $8.64M | $220.00K |
| Income Before Tax | $313.79M | $313.79M | $430.98M | $410.94M | $26.72M | $-75.04M | $-11.48M | $28.63M | $49.55M | $39.64M | $28.29M |
| Income Tax Expense | $80.23M | $80.23M | $118.53M | $84.28M | $-1.35M | $-3.76M | $1.99M | $-3.04M | $9.03M | $-83.75M | $1.53M |
| Net Income | $233.56M | $233.56M | $312.44M | $326.66M | $28.07M | $-71.28M | $-13.47M | $31.67M | $40.52M | $123.39M | $26.76M |
| Net Margin % | 15.2% | 15.2% | 20.4% | 25.2% | 3.0% | -16.8% | -4.0% | 9.1% | 11.8% | 37.2% | 8.9% |
| Basic EPS | 3.45 | 3.46 | 4.52 | 4.79 | 0.41 | -1.06 | -0.25 | 0.81 | 1.06 | 3.31 | 0.84 |
| Diluted EPS | 3.36 | 3.41 | 4.36 | 4.65 | 0.40 | -1.06 | -0.25 | 0.79 | 1.03 | 3.17 | 0.82 |
| Basic Shares Outstanding | - | 67.5M | 69.2M | 68.3M | 68.5M | 67.5M | 54.1M | 39.0M | 38.2M | 37.3M | 32.0M |
| Diluted Shares Outstanding | - | 68.4M | 71.7M | 70.2M | 70.7M | 67.5M | 54.1M | 40.1M | 39.5M | 38.9M | 32.7M |
| 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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $359.12M | $912.81M | $713.66M | $415.65M | $98.51M | $79.61M | $92.92M | $113.40M | $76.29M | $51.18M |
| Accounts Receivable | $358.64M | $321.26M | $284.29M | $213.40M | $89.34M | $54.00M | $43.53M | $43.75M | $40.26M | $36.82M |
| Inventory | $64.67M | $68.03M | $64.03M | $35.48M | $35.13M | $35.74M | $29.18M | $33.02M | $26.08M | $17.64M |
| Other Current Assets | $21.40M | $16.36M | $16.68M | $13.09M | $12.82M | $9.62M | $7.28M | $5.24M | $5.22M | $5.18M |
| Total Current Assets | $899.96M | $1.33B | $1.09B | $677.62M | $235.79M | $184.22M | $172.91M | $195.41M | $147.85M | $110.82M |
| Property Plant & Equipment | $163.69M | $176.80M | - | - | - | - | - | $107.89M | $93.00M | $94.19M |
| Goodwill | $239.52M | $61.19M | $61.19M | $61.19M | $61.19M | $58.63M | $15.71M | $15.71M | $15.71M | $15.71M |
| Intangible Assets | $722.78M | $161.76M | $151.99M | $315.29M | $348.51M | $376.01M | $7.34M | $9.13M | $11.80M | $15.12M |
| Other Non-current Assets | $50.04M | $44.24M | $55.26M | $34.35M | $38.76M | $60.63M | $21.63M | $30.23M | $28.49M | $20.06M |
| Total Assets | $2.23B | $1.98B | $1.65B | $1.32B | $863.78M | $869.82M | $405.92M | $439.83M | $383.86M | $255.90M |
| Accounts Payable | $42.91M | $34.56M | $41.19M | $20.56M | $20.79M | $16.28M | $18.61M | $17.95M | $17.46M | $18.94M |
| Total Current Liabilities | $333.42M | $240.53M | $187.35M | $247.70M | $90.50M | $80.50M | $66.11M | $52.76M | $46.75M | $43.84M |
| Long-term Debt | $568.68M | $565.28M | $561.67M | $557.71M | $163.12M | $197.70M | $183.93M | $263.71M | $265.39M | $274.46M |
| Deferred Tax Liabilities | $54.25M | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $107.87M | $63.18M | $63.32M | $46.16M | $124.89M | $63.39M | $28.40M | $40.79M | $38.01M | $34.74M |
| Total Liabilities | $1.14B | $892.33M | $835.26M | $874.11M | $399.35M | $355.62M | $291.32M | $368.83M | $360.57M | $362.41M |
| Common Stock | $718.00K | $709.00K | $699.00K | $689.00K | $677.00K | $669.00K | $393.00K | $385.00K | $378.00K | $367.00K |
| Retained Earnings | $679.50M | $445.94M | $133.50M | $-193.16M | $-221.22M | $-149.95M | $-136.47M | $-168.14M | $-209.01M | $-332.40M |
| Treasury Stock | - | - | - | $75.00M | - | - | - | - | - | - |
| Total Stockholders Equity | $1.09B | $1.09B | $815.89M | $447.15M | $464.44M | $514.21M | $114.60M | $71.00M | $23.29M | $-106.52M |
| Total Liabilities & Equity | $2.23B | $1.98B | $1.65B | $1.32B | $863.78M | $869.82M | $405.92M | $439.83M | $383.86M | $255.90M |
| 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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $306.50M | $233.56M | $312.44M | $326.66M | $28.07M | $-71.28M | $-13.47M | $31.67M | $40.52M | $123.39M | - |
| Stock-based Compensation | $150.28M | $85.56M | $76.39M | $50.51M | $29.26M | $15.93M | $14.07M | $12.49M | $8.72M | $5.93M | $2.52M |
| Deferred Income Tax | - | $21.59M | $-30.03M | $-55.63M | - | - | - | - | - | - | - |
| Change in Receivables | $72.90M | $17.89M | $37.69M | $68.64M | $128.46M | $33.10M | $7.46M | $-156.00K | $3.98M | $3.41M | $1.06M |
| Change in Inventory | $14.50M | $9.37M | $2.67M | $36.22M | $7.51M | $3.55M | $8.46M | $-1.99M | $8.69M | $9.62M | $3.63M |
| Change in Payables | $11.86M | $-2.49M | $-8.80M | $17.19M | $301.00K | $5.42M | $-4.22M | $3.23M | $-2.89M | $604.00K | $5.70M |
| Operating Cash Flow | $692.37M | $390.14M | $544.75M | $305.26M | $281.78M | $53.92M | $16.40M | $80.38M | $61.19M | $54.78M | $49.64M |
| Capital Expenditure | - | - | - | $45.34M | $260.00M | $12.14M | $12.47M | $22.06M | $20.13M | $17.54M | $7.40M |
| Investing Cash Flow | $-987.08M | $-627.17M | $-226.01M | $5.94M | $-276.55M | $3.68M | $-4.91M | $-22.06M | $-19.13M | $-16.31M | $3.28M |
| Debt Repayment | $1.98M | $1.11M | $318.00K | $717.00K | $175.38M | $43.35M | $15.49M | $275.38M | $2.86M | $286.69M | $78.73M |
| Stock Issued | - | - | $3.45M | $1.93M | $1.38M | $767.00K | $683.00K | $573.00K | $428.00K | $187.00K | $50.90M |
| Stock Repurchased | - | $300.02M | $100.00M | - | $75.00M | - | - | - | - | - | - |
| Financing Cash Flow | $-451.44M | $-316.58M | $-118.54M | $-13.06M | $311.69M | $-39.33M | $-21.86M | $-78.88M | $-4.67M | $-13.45M | $-30.22M |
| Net Change in Cash | $-745.16M | $-553.66M | $199.20M | $298.04M | $316.59M | $17.96M | $-10.22M | $-20.48M | $37.11M | $25.11M | $22.58M |
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 | $384.01M | - | $1.13B | - |
| Cost of Revenue | $161.65M | - | $433.75M | - |
| Gross Profit | $222.37M | - | $701.08M | - |
| Research & Development | $48.02M | - | $129.83M | - |
| Operating Income | $43.62M | - | $233.65M | - |
| Interest Expense | $4.95M | - | $14.67M | - |
| Other Income/Expense | $2.56M | - | $23.58M | - |
| Income Before Tax | $42.38M | - | $243.43M | - |
| Income Tax Expense | $14.61M | - | $63.96M | - |
| Net Income | $27.77M | $62.07M | $179.47M | - |
| Basic EPS | 0.41 | - | 2.63 | - |
| Diluted EPS | 0.41 | - | 2.60 | - |
| Basic Shares Outstanding | $67.23M | - | $68.13M | - |
| Diluted Shares Outstanding | $67.66M | - | $69.04M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $382.01M | $912.81M |
| Accounts Receivable | $351.38M | $321.26M |
| Inventory | $62.04M | $68.03M |
| Other Current Assets | $21.17M | $16.36M |
| Total Current Assets | $925.09M | $1.33B |
| Goodwill | $240.33M | $61.19M |
| Intangible Assets | $739.26M | $161.76M |
| Other Non-current Assets | $53.72M | $44.24M |
| Total Assets | $2.28B | $1.98B |
| Accounts Payable | $66.30M | $34.56M |
| Total Current Liabilities | $346.84M | $240.53M |
| Long-term Debt | $567.94M | $565.28M |
| Deferred Tax Liabilities | $55.08M | - |
| Other Non-current Liabilities | $116.18M | $63.18M |
| Total Liabilities | $1.16B | $892.33M |
| Common Stock | $718.00K | $709.00K |
| Retained Earnings | $625.42M | $445.94M |
| Total Stockholders Equity | $1.12B | $1.09B |
| Total Liabilities & Equity | $2.28B | $1.98B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $27.77M | $62.07M | $179.47M | - |
| Stock-based Compensation | - | - | $68.02M | - |
| Change in Receivables | - | - | $15.82M | - |
| Change in Inventory | - | - | $6.33M | - |
| Change in Payables | - | - | $29.47M | - |
| Operating Cash Flow | - | - | $299.96M | - |
| Investing Cash Flow | - | - | $-615.66M | - |
| Debt Repayment | - | - | $757.00K | - |
| Stock Repurchased | - | - | $200.00M | - |
| Financing Cash Flow | - | - | $-215.80M | - |
| Net Change in Cash | - | - | $-530.78M | - |
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.