$947.71M
Revenue
$29.58M
Net Income
18.91%
Gross Margin
5.47%
Op. Margin
$21.46M
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) |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $947.71M | $947.71M | $695.24M | $544.89M | $473.24M | $439.69M | $390.95M | $338.53M |
| Revenue Growth % | 0.0% | 36.3% | 27.6% | 15.1% | 7.6% | 12.5% | 15.5% | nan% |
| Cost of Revenue | $768.50M | $768.50M | $558.45M | $438.10M | $376.64M | $353.09M | $296.87M | $258.94M |
| Gross Profit | $179.20M | $179.20M | $136.79M | $106.80M | $96.60M | $86.60M | $94.08M | $79.59M |
| Gross Margin % | 18.9% | 18.9% | 19.7% | 19.6% | 20.4% | 19.7% | 24.1% | 23.5% |
| Operating Expenses | $895.82M | $895.82M | $657.12M | $519.72M | $460.50M | $435.00M | $372.04M | $332.86M |
| Selling General & Admin | $71.08M | $71.08M | $50.21M | $36.67M | $33.98M | $36.26M | - | - |
| Operating Income | $51.89M | $51.89M | $38.12M | $25.17M | $12.74M | $4.70M | $18.92M | $5.67M |
| Operating Margin % | 5.5% | 5.5% | 5.5% | 4.6% | 2.7% | 1.1% | 4.8% | 1.7% |
| Interest Expense | $7.63M | $4.90M | $6.52M | $5.92M | $3.82M | $1.94M | $1.24M | $410.00K |
| Other Income/Expense | $422.00K | $422.00K | $207.00K | $339.00K | $-31.00K | $-24.00K | $225.00K | - |
| Income Before Tax | $45.63M | $45.63M | $31.37M | $19.58M | $8.89M | $2.73M | $17.90M | $5.26M |
| Income Tax Expense | $11.87M | $11.87M | $7.03M | $5.67M | $1.65M | $582.00K | $2.35M | $2.08M |
| Net Income | $29.58M | $29.58M | $22.56M | $13.38M | $6.64M | $2.70M | $15.74M | $2.55M |
| Net Margin % | 3.1% | 3.1% | 3.2% | 2.5% | 1.4% | 0.6% | 4.0% | 0.8% |
| Basic EPS | 0.87 | 0.86 | 0.72 | 0.45 | 0.23 | 0.09 | 0.56 | 0.11 |
| Diluted EPS | 0.84 | 0.84 | 0.70 | 0.44 | 0.22 | 0.09 | 0.52 | 0.11 |
| Basic Shares Outstanding | - | 34.6M | 31.2M | 29.9M | 29.1M | 28.4M | 28.0M | 27.8M |
| Diluted Shares Outstanding | - | 35.3M | 32.0M | 30.2M | 30.2M | 30.6M | 30.2M | 29.6M |
| 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) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $17.02M | $24.25M | $6.06M | $2.08M | $5.19M | $43.00K | $402.00K |
| Accounts Receivable | $123.11M | $81.30M | $61.12M | $53.42M | $53.94M | $47.22M | $32.18M |
| Other Current Assets | $27.27M | $17.31M | $12.90M | $18.32M | $16.71M | $12.34M | $6.10M |
| Total Current Assets | $167.41M | $122.86M | $80.08M | $73.82M | $75.84M | $59.60M | $38.68M |
| Property Plant & Equipment | $60.98M | $43.30M | $28.60M | $26.62M | $16.79M | $17.88M | $14.64M |
| Goodwill | $237.25M | $129.12M | $91.01M | $79.50M | $74.27M | $66.44M | $41.23M |
| Intangible Assets | - | - | - | - | - | - | $45.00K |
| Total Assets | $968.18M | $679.52M | $539.69M | $512.12M | $530.30M | $506.98M | $447.75M |
| Accounts Payable | $25.17M | $18.74M | $10.84M | $13.65M | $10.55M | $9.76M | $8.65M |
| Deferred Revenue | $2.29M | $2.28M | - | - | - | - | - |
| Total Current Liabilities | $147.26M | $101.70M | $71.55M | $70.25M | $71.64M | $89.02M | $51.19M |
| Long-term Debt | $168.84M | - | $63.91M | $62.89M | $51.37M | $8.28M | $18.53M |
| Deferred Tax Liabilities | $150.00K | $1.86M | $1.85M | - | - | - | - |
| Other Non-current Liabilities | $23.36M | $10.57M | $8.26M | $6.28M | $5.29M | $11.90M | $2.88M |
| Total Liabilities | $593.93M | $367.56M | $394.18M | $386.46M | $416.05M | $405.80M | $376.64M |
| Common Stock | $35.00K | $35.00K | $29.00K | $29.00K | $28.00K | $28.00K | $28.00K |
| Retained Earnings | $86.80M | $57.22M | $34.66M | $21.28M | $14.64M | $11.95M | $-3.80M |
| Treasury Stock | - | - | - | - | $65.00K | $65.00K | - |
| Total Stockholders Equity | $374.25M | $311.96M | $145.51M | $125.66M | $114.24M | $101.17M | $71.11M |
| Total Liabilities & Equity | $968.18M | $679.52M | $539.69M | $512.12M | $530.30M | $506.98M | $447.75M |
| 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) |
|---|---|---|---|---|---|---|---|---|
| Net Income | $29.58M | $29.58M | $22.56M | $13.38M | $6.64M | $2.70M | $15.74M | $2.55M |
| Depreciation & Amortization | $14.55M | $8.54M | $6.12M | $5.13M | $4.90M | $4.78M | $4.67M | $3.81M |
| Stock-based Compensation | $15.42M | $8.94M | $7.78M | $5.37M | $3.09M | $10.04M | $8.34M | $3.38M |
| Deferred Income Tax | - | $-2.19M | $-1.19M | $4.00M | - | - | - | - |
| Change in Receivables | $52.84M | $24.15M | $21.09M | $7.35M | $361.00K | $7.33M | $15.71M | $8.57M |
| Change in Payables | $6.36M | $5.80M | $8.05M | $-1.84M | $2.37M | $562.00K | $993.00K | $4.07M |
| Operating Cash Flow | $40.48M | $48.29M | $39.30M | $33.09M | $9.04M | $-18.22M | $50.20M | $9.55M |
| Capital Expenditure | $19.02M | $12.04M | $8.99M | $8.11M | $14.17M | $6.30M | $7.25M | $6.71M |
| Investing Cash Flow | $-338.63M | $-227.97M | $-70.68M | $-30.22M | $-24.24M | $-20.12M | $-41.62M | $-26.46M |
| Stock Repurchased | - | - | - | - | - | - | $65.00K | - |
| Dividends Paid | - | - | - | - | - | - | - | $11.60M |
| Financing Cash Flow | $262.04M | $172.46M | $49.57M | $1.11M | $12.08M | $43.49M | $-8.95M | $17.27M |
| Net Change in Cash | $-36.11M | $-7.22M | $18.19M | $3.98M | $-3.11M | $5.15M | $-359.00K | $361.00K |
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 | $229.04M | - | $658.38M | - |
| Cost of Revenue | $185.43M | - | $531.45M | - |
| Operating Expenses | $218.80M | - | $623.97M | - |
| Selling General & Admin | $19.30M | - | $51.73M | - |
| Operating Income | $10.24M | - | $34.42M | - |
| Interest Expense | $1.02M | - | $2.78M | - |
| Other Income/Expense | $182.00K | - | $368.00K | - |
| Income Before Tax | $9.40M | - | $31.36M | - |
| Income Tax Expense | $2.52M | - | $7.97M | - |
| Net Income | $6.08M | $5.69M | $20.94M | - |
| Basic EPS | 0.18 | - | 0.61 | - |
| Diluted EPS | 0.17 | - | 0.59 | - |
| Basic Shares Outstanding | $34.60M | - | $34.53M | - |
| Diluted Shares Outstanding | $35.27M | - | $35.27M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.34M | $24.25M |
| Accounts Receivable | $96.08M | $81.30M |
| Other Current Assets | $15.55M | $17.31M |
| Total Current Assets | $113.97M | $122.86M |
| Property Plant & Equipment | $55.86M | $43.30M |
| Goodwill | $161.53M | $129.12M |
| Total Assets | $753.64M | $679.52M |
| Accounts Payable | $21.63M | $18.74M |
| Total Current Liabilities | $109.35M | $101.70M |
| Long-term Debt | $26.00M | - |
| Deferred Tax Liabilities | - | $1.86M |
| Other Non-current Liabilities | $20.40M | $10.57M |
| Total Liabilities | $410.60M | $367.56M |
| Common Stock | $35.00K | $35.00K |
| Retained Earnings | $78.16M | $57.22M |
| Total Stockholders Equity | $343.04M | $311.96M |
| Total Liabilities & Equity | $753.64M | $679.52M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $6.08M | $5.69M | $20.94M | - |
| Depreciation & Amortization | $2.06M | - | $6.18M | - |
| Stock-based Compensation | - | - | $6.78M | - |
| Change in Receivables | - | - | $15.40M | - |
| Change in Payables | - | - | $3.01M | - |
| Operating Cash Flow | - | - | $27.34M | - |
| Capital Expenditure | - | - | $8.48M | - |
| Investing Cash Flow | - | - | $-74.95M | - |
| Financing Cash Flow | - | - | $25.70M | - |
| Net Change in Cash | - | - | $-21.91M | - |
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.