$1.47B
Revenue
$-16.16M
Net Income
28.92%
Gross Margin
0.14%
Op. Margin
$93.58M
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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $1.47B | $1.47B | $1.32B | $1.46B | $1.38B | $1.90B | $1.70B |
| Revenue Growth % | 0.0% | 11.9% | -9.8% | 6.2% | -27.8% | 11.8% | nan% |
| Cost of Revenue | $1.05B | $1.05B | $988.78M | $1.10B | $1.08B | $1.39B | $1.24B |
| Gross Profit | $425.88M | $425.88M | $327.60M | $360.26M | $296.63M | $513.85M | $465.43M |
| Gross Margin % | 28.9% | 28.9% | 24.9% | 24.7% | 21.6% | 27.0% | 27.3% |
| Operating Expenses | $423.81M | $423.81M | $377.55M | $350.57M | $351.43M | $375.96M | $307.07M |
| Research & Development | $69.15M | $69.15M | $67.54M | $65.26M | $66.49M | $60.29M | $50.06M |
| Selling General & Admin | $354.66M | $354.66M | $310.01M | $285.31M | $284.93M | $315.67M | $257.00M |
| Operating Income | $2.08M | $2.08M | $-49.95M | $9.69M | $-54.79M | $137.89M | $158.36M |
| Operating Margin % | 0.1% | 0.1% | -3.8% | 0.7% | -4.0% | 7.2% | 9.3% |
| Interest Expense | $9.35M | $9.35M | $13.21M | $17.42M | $9.56M | $17.67M | $35.14M |
| Interest Income | $1.66M | $1.66M | $3.35M | $6.84M | $374.00K | - | - |
| Income Before Tax | $-12.15M | $-12.15M | $-61.66M | $-3.48M | $-63.77M | $114.56M | $122.04M |
| Income Tax Expense | $2.82M | $2.82M | $21.74M | $-2.44M | $-9.82M | $13.60M | $18.82M |
| Net Income | $-16.16M | $-16.16M | $-85.18M | $-2.59M | $-54.39M | $100.96M | $103.22M |
| Net Margin % | -1.1% | -1.1% | -6.5% | -0.2% | -4.0% | 5.3% | 6.1% |
| Basic EPS | -0.12 | -0.12 | -0.95 | 0.03 | -0.63 | 1.08 | 1.20 |
| Diluted EPS | -0.12 | -0.12 | -0.95 | 0.03 | -0.63 | 1.01 | 1.14 |
| Basic Shares Outstanding | - | 106.0M | 104.2M | 102.5M | 96.3M | 93.3M | 86.3M |
| Diluted Shares Outstanding | - | 106.0M | 104.2M | 106.3M | 96.3M | 100.0M | 90.6M |
| 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $97.18M | $107.01M | $175.62M | $151.18M | $62.41M | $129.54M |
| Accounts Receivable | $233.90M | $218.65M | $253.27M | $235.66M | $291.29M | $293.63M |
| Inventory | $303.34M | $259.98M | $240.17M | $192.72M | $298.31M | $226.01M |
| Other Current Assets | $29.64M | $35.38M | $39.82M | $40.59M | $51.02M | $38.00M |
| Total Current Assets | $665.46M | $623.39M | $711.59M | $622.79M | $705.77M | $690.97M |
| Property Plant & Equipment | $31.51M | $29.74M | $32.21M | $34.93M | $16.82M | $16.48M |
| Goodwill | $357.76M | $354.22M | $354.70M | $347.75M | $317.05M | $312.76M |
| Intangible Assets | $125.21M | $164.32M | $188.01M | $216.25M | $225.71M | $259.32M |
| Other Non-current Assets | $73.59M | $63.91M | $70.71M | $75.29M | $71.81M | $34.36M |
| Total Assets | $1.25B | $1.24B | $1.36B | $1.30B | $1.34B | $1.31B |
| Accounts Payable | $212.55M | $207.22M | $239.96M | $172.03M | $236.12M | $299.64M |
| Short-term Debt | $6.12M | $12.23M | $12.19M | $6.50M | $4.75M | - |
| Deferred Revenue | $9.00M | $7.28M | - | - | - | - |
| Other Current Liabilities | $25.42M | $26.32M | - | - | - | - |
| Total Current Liabilities | $430.94M | $396.31M | $418.49M | $343.00M | $446.75M | $505.38M |
| Long-term Debt | $121.34M | $173.54M | $186.01M | $232.17M | $242.90M | $321.39M |
| Deferred Tax Liabilities | $6.07M | $7.38M | $17.39M | $18.05M | $25.70M | $29.75M |
| Other Non-current Liabilities | $55.80M | $51.38M | $41.59M | $48.59M | $53.87M | $20.20M |
| Total Liabilities | $608.03M | $616.38M | $663.48M | $641.81M | $769.22M | $876.73M |
| Common Stock | $11.00K | $10.00K | $10.00K | $10.00K | $9.00K | $9.00K |
| Retained Earnings | $-71.23M | $-58.77M | $40.41M | $37.22M | $98.15M | $-2.81M |
| Total Stockholders Equity | $633.56M | $604.30M | $667.58M | $623.84M | $568.18M | $437.39M |
| Total Liabilities & Equity | $1.25B | $1.24B | $1.36B | $1.30B | $1.34B | $1.31B |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $-26.62M | $-16.16M | $-85.18M | $-2.59M | $-54.39M | $100.96M | $103.22M |
| Stock-based Compensation | $61.09M | $33.11M | $30.59M | $30.87M | $22.16M | $17.23M | $5.80M |
| Deferred Income Tax | $-10.83M | $-6.51M | $11.42M | $-6.33M | $-21.74M | $-11.96M | $-7.48M |
| Change in Receivables | $-20.50M | $17.72M | $-32.28M | $17.69M | $-55.84M | $-444.00K | $91.49M |
| Change in Inventory | $117.67M | $51.70M | $-18.32M | $39.47M | $-111.29M | $71.32M | $80.09M |
| Change in Payables | $89.35M | $5.54M | $-39.51M | $62.15M | $-65.93M | $-63.72M | $116.52M |
| Operating Cash Flow | $117.81M | $50.12M | $35.88M | $89.15M | $66.39M | $20.19M | $168.95M |
| Capital Expenditure | $24.23M | $15.37M | $9.85M | $12.76M | $26.32M | $10.97M | $8.99M |
| Acquisitions | - | - | $43.13M | $14.22M | $19.53M | $4.85M | $1.29M |
| Investing Cash Flow | $-24.23M | $-15.37M | $-52.70M | $-26.98M | $-47.03M | $-20.54M | $-10.28M |
| Debt Repayment | - | - | - | - | - | $328.19M | $190.39M |
| Financing Cash Flow | $-118.16M | $-48.87M | $-50.68M | $-37.39M | $72.61M | $-65.40M | $-79.13M |
| Net Change in Cash | $-20.08M | $-10.80M | $-68.93M | $24.50M | $88.68M | $-68.19M | $81.62M |
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 | $345.76M | $304.20M | $1.04B | $902.76M |
| Cost of Revenue | $252.67M | $234.54M | $754.30M | $683.37M |
| Gross Profit | $93.10M | $69.66M | $281.33M | $219.38M |
| Operating Expenses | $98.72M | $90.61M | $306.14M | $275.26M |
| Research & Development | $16.69M | $16.53M | $51.84M | $50.59M |
| Selling General & Admin | $82.03M | $74.07M | $254.30M | $224.68M |
| Operating Income | $-5.63M | $-20.94M | $-24.81M | $-55.88M |
| Interest Expense | $2.05M | $3.01M | $7.21M | $10.14M |
| Interest Income | $197.00K | $297.00K | $1.41M | $3.02M |
| Income Before Tax | $-8.31M | $-24.57M | $-37.24M | $-64.88M |
| Income Tax Expense | $2.08M | $27.02M | $3.77M | $21.24M |
| Net Income | $-10.63M | $-51.71M | $-41.95M | $-87.47M |
| Basic EPS | -0.09 | -0.56 | -0.35 | -0.97 |
| Diluted EPS | -0.09 | -0.56 | -0.35 | -0.97 |
| Basic Shares Outstanding | $106.29M | $104.40M | $105.80M | $103.97M |
| Diluted Shares Outstanding | $106.29M | $104.40M | $105.80M | $103.97M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $64.41M | $107.01M |
| Accounts Receivable | $191.88M | $218.65M |
| Inventory | $314.45M | $259.98M |
| Other Current Assets | $35.54M | $35.38M |
| Total Current Assets | $607.68M | $623.39M |
| Property Plant & Equipment | $30.67M | $29.74M |
| Goodwill | $357.79M | $354.22M |
| Intangible Assets | $135.76M | $164.32M |
| Other Non-current Assets | $66.35M | $63.91M |
| Total Assets | $1.20B | $1.24B |
| Accounts Payable | $246.19M | $207.22M |
| Short-term Debt | $6.12M | $12.23M |
| Total Current Liabilities | $410.02M | $396.31M |
| Long-term Debt | $116.75M | $161.31M |
| Deferred Tax Liabilities | $8.11M | $7.38M |
| Other Non-current Liabilities | $53.04M | $51.38M |
| Total Liabilities | $587.92M | $616.38M |
| Common Stock | $11.00K | $10.00K |
| Retained Earnings | $-95.37M | $-58.77M |
| Total Stockholders Equity | $600.23M | $604.30M |
| Total Liabilities & Equity | $1.20B | $1.24B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-10.63M | $-51.71M | $-41.95M | $-87.47M |
| Stock-based Compensation | - | - | $23.84M | $23.12M |
| Deferred Income Tax | - | - | $-3.21M | $12.77M |
| Change in Receivables | - | - | $-24.00M | $-74.26M |
| Change in Inventory | - | - | $63.28M | $9.57M |
| Change in Payables | - | - | $38.30M | $-61.32M |
| Operating Cash Flow | - | - | $11.95M | $-19.68M |
| Capital Expenditure | - | - | $10.12M | $8.35M |
| Acquisitions | - | - | - | $43.13M |
| Investing Cash Flow | - | - | $-10.12M | $-50.54M |
| Financing Cash Flow | - | - | $-47.40M | $-46.62M |
| Net Change in Cash | - | - | $-43.58M | $-116.96M |
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.