$538.80M
Revenue
$38.08M
Net Income
-
Gross Margin
22.51%
Op. Margin
$-790.80M
Free Cash Flow
| Breakdown | 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 | $166.84M | $149.33M | $126.33M | $96.30M | $75.02M | $73.89M | $67.89M | $63.35M | $69.68M | $77.20M | $82.72M | $84.05M | $92.33M |
| Revenue Growth % (YoY) | 122.4% | 102.1% | 86.1% | 52.0% | 7.7% | -4.3% | -17.9% | -24.6% | -24.5% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | - | - | - | $46.92M | $46.13M | $39.89M | $36.87M | $42.10M | $45.65M | $53.22M | $56.70M | $64.17M |
| Gross Profit | - | - | - | - | $28.09M | $27.75M | $28.00M | $26.48M | $27.57M | $31.55M | $29.50M | $27.36M | $28.15M |
| Gross Margin % | nan% | nan% | nan% | nan% | 37.5% | 37.6% | 41.2% | 41.8% | 39.6% | 40.9% | 35.7% | 32.5% | 30.5% |
| Operating Expenses | $128.93M | $113.76M | $104.28M | $70.56M | $69.75M | $62.03M | $57.93M | $54.11M | $59.68M | $61.42M | $67.84M | $73.97M | $78.34M |
| Selling General & Admin | $15.55M | $14.90M | $15.27M | $10.57M | $8.80M | $8.26M | $7.99M | $7.23M | $6.36M | $6.83M | $6.54M | $5.87M | $5.93M |
| Operating Income | $37.91M | $35.57M | $22.05M | $25.74M | $5.27M | $11.85M | $9.96M | $9.24M | $10.00M | $15.78M | $14.88M | $10.08M | $13.98M |
| Operating Margin % | 22.7% | 23.8% | 17.5% | 26.7% | 7.0% | 16.0% | 14.7% | 14.6% | 14.4% | 20.4% | 18.0% | 12.0% | 15.1% |
| Interest Expense | $19.64M | $11.98M | $5.71M | $9.45M | $2.01M | $1.41M | $758.00K | $879.00K | $2.08M | $1.03M | $335.00K | $147.00K | $102.00K |
| Income Before Tax | $28.88M | $30.09M | $16.88M | $18.35M | $-1.75M | $11.17M | $9.16M | $8.33M | $8.94M | $14.90M | $14.42M | $9.90M | $13.84M |
| Income Tax Expense | $4.06M | $5.96M | $3.92M | $4.34M | $460.00K | $1.34M | $1.86M | $1.37M | $1.30M | $2.66M | $2.49M | $1.91M | $2.33M |
| Net Income | $14.55M | $11.96M | $5.32M | $6.25M | $-968.00K | $6.21M | $4.32M | $4.30M | $4.93M | $7.53M | $7.57M | $4.80M | $7.41M |
| Net Margin % | 8.7% | 8.0% | 4.2% | 6.5% | -1.3% | 8.4% | 6.4% | 6.8% | 7.1% | 9.8% | 9.1% | 5.7% | 8.0% |
| Breakdown | 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 | $106.70M | $99.63M | $16.72M | $114.25M | $18.63M | $5.06M | $3.42M | $5.83M | $3.45M | $9.37M | $2.17M | $8.84M | $10.43M |
| Accounts Receivable | $130.37M | $114.07M | $89.76M | $71.77M | - | - | - | - | - | - | $68.12M | $64.54M | $68.50M |
| Inventory | $12.41M | $11.85M | $11.21M | $10.95M | $11.16M | $8.86M | $6.92M | $6.67M | $7.45M | $8.52M | $7.62M | $5.29M | $5.62M |
| Other Current Assets | $12.10M | $17.53M | $8.49M | $8.39M | $6.06M | $6.54M | $3.40M | $4.34M | $5.63M | $5.67M | $4.25M | $5.15M | $8.55M |
| Total Current Assets | $261.58M | $282.49M | $126.18M | $250.98M | $197.03M | $74.75M | $62.88M | $67.14M | $74.89M | $86.45M | $86.00M | $88.74M | $95.69M |
| Goodwill | $106.45M | $103.98M | $103.98M | $103.98M | $101.01M | $13.00M | $13.00M | $13.00M | $13.00M | $13.00M | $13.00M | $13.00M | $13.00M |
| Intangible Assets | $62.74M | $65.20M | $68.10M | $71.52M | $73.70M | $339.00K | $521.00K | $702.00K | $884.00K | $1.07M | $1.25M | $1.43M | $1.62M |
| Other Non-current Assets | $6.29M | $6.25M | $1.28M | $1.34M | $1.40M | $492.00K | $291.00K | $342.00K | $275.00K | $326.00K | $239.00K | $268.00K | $295.00K |
| Total Assets | $1.57B | $1.47B | $1.13B | $1.13B | $939.49M | $457.76M | $457.07M | $468.30M | $480.51M | $484.33M | $473.00M | $462.58M | $460.13M |
| Accounts Payable | $42.64M | $41.16M | $28.11M | $21.09M | $15.81M | $15.85M | $12.27M | $12.65M | $20.05M | $29.21M | $29.82M | $25.93M | $26.08M |
| Accrued Liabilities | $32.67M | $25.20M | $26.47M | $23.16M | $17.12M | $18.31M | $16.49M | $20.29M | $18.00M | $17.02M | $22.37M | $25.25M | $30.15M |
| Deferred Revenue | $6.72M | $3.88M | $5.23M | $4.92M | $7.77M | - | - | - | - | - | - | - | - |
| Other Current Liabilities | $3.86M | $149.00K | $52.00K | $717.00K | $2.02M | $2.98M | - | $408.00K | $822.00K | $1.24M | - | $790.00K | $1.30M |
| Total Current Liabilities | $109.24M | $90.71M | $75.40M | $65.53M | $54.60M | $59.70M | $35.31M | $37.20M | $42.91M | $50.95M | $55.30M | $55.91M | $60.84M |
| Long-term Debt | - | - | $303.97M | $315.70M | $311.25M | - | - | $30.00M | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | $7.58M | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $44.00K | $44.00K | $44.00K | $44.00K | $44.00K | $44.00K | $44.00K | $44.00K | $120.00K | $126.00K | $364.00K | $367.00K | $372.00K |
| Total Liabilities | $708.09M | $692.41M | $461.72M | $463.73M | $446.11M | $140.58M | $147.22M | $152.72M | $167.78M | $175.87M | $162.59M | $145.45M | $147.38M |
| Retained Earnings | $34.10M | $25.39M | $18.30M | $17.66M | $15.07M | $19.69M | $17.12M | $17.31M | $16.81M | $15.23M | $13.08M | $12.85M | $11.51M |
| Total Stockholders Equity | $546.55M | $399.14M | $361.29M | $355.62M | $221.69M | $204.60M | $200.13M | $205.98M | $204.80M | $202.17M | $207.85M | $215.72M | $213.54M |
| Total Liabilities & Equity | $1.57B | $1.47B | $1.13B | $1.13B | $939.49M | $457.76M | $457.07M | $468.30M | $480.51M | $484.33M | $473.00M | $462.58M | $460.13M |
| Breakdown | 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 | $14.55M | $17.27M | $5.32M | $6.25M | $-968.00K | $6.21M | $4.32M | $4.30M | $4.93M | $15.10M | $7.57M | $4.80M | $7.41M |
| Depreciation & Amortization | $60.80M | $38.44M | $20.06M | $16.73M | $30.49M | $9.56M | $9.93M | $9.52M | $26.67M | $17.49M | $8.42M | $8.66M | $7.72M |
| Stock-based Compensation | $17.48M | $12.20M | $6.99M | $3.04M | $7.55M | $4.88M | $2.22M | $1.91M | $5.83M | $3.90M | $1.98M | $1.43M | $4.67M |
| Deferred Income Tax | $12.34M | $9.06M | $4.33M | $3.27M | $3.19M | $2.91M | $1.73M | $1.23M | $6.02M | $4.85M | $2.33M | $2.54M | $5.14M |
| Change in Receivables | $52.59M | $41.78M | $17.71M | $21.45M | $-2.29M | $4.48M | $1.79M | $-1.07M | $-16.09M | $-8.44M | $3.58M | $-3.95M | $38.56M |
| Change in Inventory | $1.21M | $780.00K | $164.00K | $-159.00K | $2.41M | $2.10M | $448.00K | $1.17M | $5.02M | $5.80M | $4.07M | $-122.00K | $4.74M |
| Change in Payables | $7.80M | $1.82M | $5.39M | $-1.77M | $-1.68M | $3.30M | $-131.00K | $-4.16M | $-6.47M | $3.05M | $2.04M | $768.00K | $12.57M |
| Operating Cash Flow | $113.17M | $49.90M | $25.72M | $13.10M | $46.27M | $35.75M | $16.88M | $23.01M | $66.34M | $45.46M | $16.85M | $24.08M | $43.91M |
| Capital Expenditure | $392.26M | $329.45M | $144.33M | $126.65M | $61.77M | $4.02M | $3.36M | $7.27M | $57.12M | $40.13M | $18.95M | $21.88M | $59.53M |
| Acquisitions | $29.42M | - | - | - | $122.06M | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-422.08M | $-337.00M | $-144.32M | $-115.08M | $-189.95M | $-3.64M | $-3.35M | $-7.17M | $-54.83M | $-39.90M | $-18.83M | $-21.74M | $-57.80M |
| Stock Repurchased | - | - | - | - | $8.09M | $8.09M | $8.09M | $679.00K | $25.76M | $25.76M | $14.43M | - | - |
| Dividends Paid | $5.80M | $4.90M | $4.69M | $3.66M | $3.70M | $7.29M | $3.65M | $3.67M | $3.40M | $7.04M | $3.66M | $3.46M | - |
| Financing Cash Flow | $255.75M | $266.27M | $-24.54M | $145.31M | $254.39M | $-32.88M | $-15.94M | $-13.46M | $-16.89M | $-5.03M | $-4.68M | $-3.94M | $-12.18M |
| Net Change in Cash | $-53.16M | $-20.82M | $-143.15M | $43.33M | $110.71M | $-774.00K | $-2.41M | $2.38M | $-5.38M | $536.00K | $-6.66M | $-1.60M | $-26.06M |
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 | $166.84M | - | $442.50M | - |
| Operating Expenses | $128.93M | - | $346.97M | - |
| Selling General & Admin | $15.55M | - | $45.72M | - |
| Operating Income | $37.91M | - | $95.54M | - |
| Interest Expense | - | - | $19.64M | - |
| Income Before Tax | $28.88M | - | $75.85M | - |
| Income Tax Expense | $4.06M | - | $13.94M | - |
| Net Income | $14.55M | $9.82M | $31.82M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $106.70M | $114.25M |
| Accounts Receivable | $130.37M | $71.77M |
| Inventory | $12.41M | $10.95M |
| Other Current Assets | $12.10M | $8.39M |
| Total Current Assets | $261.58M | $250.98M |
| Goodwill | $106.45M | $103.98M |
| Intangible Assets | $62.74M | $71.52M |
| Other Non-current Assets | $6.29M | $1.34M |
| Total Assets | $1.57B | $1.12B |
| Accounts Payable | $42.64M | $21.09M |
| Accrued Liabilities | $32.67M | $23.16M |
| Deferred Revenue | $6.72M | $4.92M |
| Other Current Liabilities | $3.86M | $717.00K |
| Total Current Liabilities | $109.24M | $65.53M |
| Other Non-current Liabilities | $44.00K | $44.00K |
| Total Liabilities | $708.09M | $456.15M |
| Retained Earnings | $34.10M | $17.66M |
| Total Stockholders Equity | $546.55M | $355.62M |
| Total Liabilities & Equity | $1.57B | $1.12B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $14.55M | $9.82M | $31.82M | - |
| Depreciation & Amortization | - | - | $60.80M | - |
| Stock-based Compensation | - | - | $17.48M | - |
| Deferred Income Tax | - | - | $12.34M | - |
| Change in Receivables | - | - | $52.59M | - |
| Change in Inventory | - | - | $1.21M | - |
| Change in Payables | - | - | $7.80M | - |
| Operating Cash Flow | - | - | $113.17M | - |
| Capital Expenditure | - | - | $392.26M | - |
| Acquisitions | - | - | $29.42M | - |
| Investing Cash Flow | - | - | $-422.08M | - |
| Dividends Paid | $5.80M | - | $15.39M | - |
| Financing Cash Flow | - | - | $255.75M | - |
| Net Change in Cash | - | - | $-53.16M | - |
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.