$1.13B
Revenue
$33.31M
Net Income
34.62%
Gross Margin
7.68%
Op. Margin
$246.92M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
Q2 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $324.89M | $277.91M | $269.22M | $262.41M | $254.17M | $232.11M | $220.38M | $217.43M | $193.85M | $169.89M | $165.06M | $162.36M | $148.00M |
| Revenue Growth % (YoY) | 27.8% | 19.7% | 22.2% | 20.7% | 31.1% | 36.6% | 33.5% | 33.9% | nan% | nan% | 11.5% | nan% | nan% |
| Cost of Revenue | $213.17M | $183.47M | $174.15M | $170.88M | $161.62M | $151.41M | $144.48M | $144.52M | $131.85M | $116.16M | $109.85M | $107.15M | $103.32M |
| Gross Profit | $111.72M | $94.44M | $95.07M | $91.52M | $92.55M | $80.69M | $75.90M | $72.91M | $62.00M | $53.73M | $55.21M | $55.21M | $44.68M |
| Gross Margin % | 34.4% | 34.0% | 35.3% | 34.9% | 36.4% | 34.8% | 34.4% | 33.5% | 32.0% | 31.6% | 33.4% | 34.0% | 30.2% |
| Operating Expenses | $296.18M | $258.44M | $244.89M | $247.83M | $242.05M | $225.65M | $216.18M | $215.90M | $197.38M | $181.59M | $179.36M | $184.44M | $168.60M |
| Operating Income | $28.71M | $19.47M | $24.32M | $14.58M | $12.12M | $6.46M | $4.20M | $1.53M | $-3.53M | $-11.70M | $-14.30M | $-22.08M | $-20.60M |
| Operating Margin % | 8.8% | 7.0% | 9.0% | 5.6% | 4.8% | 2.8% | 1.9% | 0.7% | -1.8% | -6.9% | -8.7% | -13.6% | -13.9% |
| Interest Expense | $223.00K | $695.00K | $465.00K | $236.00K | $178.00K | $730.00K | $502.00K | $252.00K | $241.00K | $697.00K | $453.00K | $224.00K | $219.00K |
| Other Income/Expense | $8.10M | $2.56M | $-110.51M | - | $1.23M | - | - | - | - | - | - | - | $-219.00K |
| Income Before Tax | $36.81M | $22.02M | $-86.19M | $16.28M | $14.08M | $8.51M | $6.11M | $3.09M | $-2.19M | $-10.94M | $-14.01M | $-21.70M | $-20.82M |
| Income Tax Expense | $17.67M | $7.18M | $-115.02M | $5.07M | $7.60M | $5.27M | $6.40M | $5.30M | $3.26M | $2.43M | $2.72M | $2.80M | $1.84M |
| Net Income | $5.25M | $6.05M | $16.69M | $5.32M | $2.02M | $1.19M | $-100.00K | $-727.00K | $-1.73M | $-4.18M | $-5.14M | $-7.26M | $-6.61M |
| Net Margin % | 1.6% | 2.2% | 6.2% | 2.0% | 0.8% | 0.5% | -0.0% | -0.3% | -0.9% | -2.5% | -3.1% | -4.5% | -4.5% |
| Basic EPS | 0.05 | 0.06 | 0.18 | 0.06 | 0.03 | 0.01 | 0.00 | -0.01 | -0.02 | -0.06 | -0.08 | -0.11 | -0.10 |
| Diluted EPS | 0.08 | 0.06 | 0.12 | 0.05 | 0.03 | 0.01 | 0.00 | -0.01 | -0.02 | -0.06 | -0.08 | -0.11 | -0.10 |
| Basic Shares Outstanding | - | 96.2M | 95.1M | 93.9M | 2.1M | 82.8M | 80.0M | 76.0M | 1.0M | 69.7M | 67.4M | 65.3M | 64.1M |
| Diluted Shares Outstanding | - | 236.4M | 234.5M | 234.3M | -141.8M | 233.1M | 80.0M | 76.0M | 1.0M | 69.7M | 67.4M | 65.3M | 64.1M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
Q2 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $336.26M | $273.50M | $240.59M | $228.22M | $229.17M | $216.27M | $193.81M | $191.16M | $168.33M | $171.24M | $127.78M | $147.29M | $195.31M |
| Short-term Investments | $6.20M | - | - | - | $4.30M | - | - | - | - | - | - | - | - |
| Accounts Receivable | $15.86M | $21.89M | $20.79M | $16.47M | $14.91M | $12.05M | $10.09M | $13.49M | $10.52M | $15.00M | $8.80M | $8.11M | $7.00M |
| Other Current Assets | $30.48M | $27.35M | $22.03M | $18.09M | $19.17M | $17.54M | $18.46M | $18.43M | $13.65M | $10.42M | $12.33M | $15.44M | $10.91M |
| Total Current Assets | $406.79M | $344.19M | $301.09M | $287.61M | $285.05M | $266.81M | $244.21M | $246.82M | $228.62M | $223.38M | $202.35M | $227.91M | $263.46M |
| Property Plant & Equipment | $2.44M | - | - | - | $3.06M | - | - | - | - | - | - | - | $8.78M |
| Intangible Assets | $76.44M | $77.58M | $77.86M | $78.17M | $77.35M | $78.02M | $78.44M | $77.91M | $74.87M | $75.15M | $75.30M | $75.78M | $65.36M |
| Other Non-current Assets | $6.63M | $6.83M | $6.99M | $9.32M | $7.42M | $7.23M | $7.14M | $7.26M | $5.20M | $6.78M | $6.33M | $5.11M | $5.17M |
| Total Assets | $658.51M | $593.16M | $543.02M | $387.02M | $379.47M | $362.60M | $340.74M | $341.39M | $318.58M | $314.82M | $295.04M | $319.29M | $344.78M |
| Accounts Payable | $41.59M | $26.86M | $26.84M | $22.57M | $25.80M | $30.55M | $31.80M | $25.72M | $32.35M | $23.15M | $17.94M | $17.76M | $8.85M |
| Accrued Liabilities | $81.51M | $78.18M | $68.43M | $68.62M | $72.70M | $71.14M | $64.77M | $64.62M | $51.31M | $56.31M | $50.89M | $61.16M | $62.21M |
| Other Current Liabilities | $39.51M | $26.15M | $24.47M | $39.48M | $20.93M | $13.93M | $8.47M | $19.87M | $9.57M | $5.98M | $4.11M | $6.68M | $3.31M |
| Total Current Liabilities | $210.27M | $179.90M | $161.16M | $173.09M | $163.13M | $155.73M | $147.30M | $154.28M | $137.69M | $137.84M | $113.04M | $129.95M | $111.43M |
| Other Non-current Liabilities | $15.93M | $16.00M | $16.91M | $18.57M | $18.02M | $18.07M | $2.09M | $2.08M | $1.69M | $1.07M | $1.21M | $418.00K | $240.00K |
| Total Liabilities | $355.02M | $318.80M | $290.78M | $191.66M | $181.15M | $173.80M | $162.62M | $168.94M | $152.45M | $152.49M | $128.24M | $144.90M | $127.53M |
| Retained Earnings | $-102.62M | $-107.87M | $-113.92M | $-130.61M | $-135.93M | $-137.95M | $-139.14M | $-139.04M | $-138.32M | $-136.59M | $-132.41M | $-127.27M | $-111.02M |
| Total Stockholders Equity | $147.24M | $133.08M | $122.93M | $81.31M | $78.68M | $69.76M | $63.44M | $60.82M | $53.77M | $51.51M | $50.51M | $52.73M | $62.92M |
| Total Liabilities & Equity | $658.51M | $593.16M | $543.02M | $387.02M | $379.47M | $362.60M | $340.74M | $341.39M | $318.58M | $314.82M | $295.04M | $319.29M | $344.78M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
Q2 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $5.25M | $6.05M | $16.69M | $5.32M | $2.02M | $363.00K | $-100.00K | $-727.00K | $-1.73M | $-16.58M | $-5.14M | $-7.26M | $-29.64M |
| Depreciation & Amortization | $10.46M | $10.19M | $9.83M | $9.49M | $9.08M | $8.47M | $14.66M | $7.10M | $7.62M | $8.40M | $13.74M | $5.75M | $10.07M |
| Stock-based Compensation | $4.97M | $21.29M | $14.91M | $8.81M | $8.71M | $26.57M | $18.12M | $8.43M | $7.42M | $22.59M | $15.19M | $7.67M | $11.90M |
| Deferred Income Tax | $9.53M | $-121.41M | $-122.12M | $100.00K | $-24.00K | $204.00K | $-838.00K | $-697.00K | $-256.00K | $42.00K | - | - | $40.00K |
| Change in Receivables | $-6.09M | $6.60M | $5.57M | $1.45M | $3.05M | $1.76M | $-196.00K | $2.99M | $-4.48M | $3.82M | $-2.37M | $-3.06M | $1.17M |
| Change in Payables | - | - | - | - | - | $-909.00K | $50.00K | $-6.29M | $8.55M | $-6.75M | $-11.90M | $-12.01M | $2.22M |
| Operating Cash Flow | $69.09M | $95.92M | $54.50M | $28.71M | $25.90M | $80.55M | $51.12M | $30.91M | $827.00K | $-6.76M | $-37.16M | $-24.28M | $-52.62M |
| Capital Expenditure | $177.00K | $590.00K | $363.00K | $161.00K | $171.00K | $754.00K | $630.00K | $278.00K | $281.00K | $1.01M | $752.00K | $429.00K | $2.77M |
| Investing Cash Flow | $-8.15M | $-28.87M | $-19.11M | $-7.55M | $-7.15M | $-26.21M | $-18.92M | $-7.41M | $-7.73M | $-26.05M | $-19.11M | $-6.47M | $-20.08M |
| Stock Repurchased | - | $7.63M | $7.63M | $5.16M | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $-2.96M | $-34.40M | $-33.85M | $-27.18M | $-1.97M | $-682.00K | $-455.00K | $-182.00K | $-143.00K | $-375.00K | $-247.00K | $-24.00K | $-478.00K |
| Net Change in Cash | $62.95M | $44.80M | $9.20M | $-746.00K | $12.40M | $49.38M | $27.88M | $23.34M | $-5.19M | $-29.91M | $-54.65M | $-30.48M | $-74.99M |
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 | $277.91M | - | $809.53M | - |
| Cost of Revenue | $183.47M | - | $528.50M | - |
| Operating Expenses | $258.44M | - | $750.82M | - |
| Operating Income | $19.47M | - | $58.71M | - |
| Interest Expense | - | - | $695.00K | - |
| Other Income/Expense | $2.56M | - | $-106.60M | - |
| Income Before Tax | $22.02M | - | $-47.89M | - |
| Income Tax Expense | $7.18M | - | $-102.78M | - |
| Net Income | $6.05M | $-282.00K | $28.06M | - |
| Basic EPS | 0.06 | - | 0.30 | - |
| Diluted EPS | 0.06 | - | 0.23 | - |
| Basic Shares Outstanding | $96.22M | - | $95.05M | - |
| Diluted Shares Outstanding | $236.37M | - | $234.96M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $273.50M | $229.17M |
| Accounts Receivable | $21.89M | $14.91M |
| Other Current Assets | $27.35M | $19.17M |
| Total Current Assets | $344.19M | $285.05M |
| Intangible Assets | $77.58M | $77.35M |
| Other Non-current Assets | $6.83M | $6.89M |
| Total Assets | $593.16M | $379.47M |
| Accounts Payable | $26.86M | $25.80M |
| Accrued Liabilities | $78.18M | $72.70M |
| Other Current Liabilities | $26.15M | $20.93M |
| Total Current Liabilities | $179.90M | $163.13M |
| Other Non-current Liabilities | $16.00M | $17.28M |
| Total Liabilities | $318.80M | $181.15M |
| Retained Earnings | $-107.87M | $-135.93M |
| Total Stockholders Equity | $133.08M | $78.68M |
| Total Liabilities & Equity | $593.16M | $379.47M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $6.05M | $-282.00K | $28.06M | - |
| Depreciation & Amortization | $10.19M | - | $29.51M | - |
| Stock-based Compensation | - | - | $21.29M | - |
| Deferred Income Tax | - | - | $-121.41M | - |
| Change in Receivables | - | - | $6.60M | - |
| Operating Cash Flow | - | - | $95.92M | - |
| Capital Expenditure | - | - | $590.00K | - |
| Investing Cash Flow | - | - | $-28.87M | - |
| Stock Repurchased | - | - | $7.63M | - |
| Financing Cash Flow | - | - | $-34.40M | - |
| Net Change in Cash | - | - | $44.80M | - |
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.