$4.18B
Revenue
$119.00M
Net Income
34.16%
Gross Margin
8.40%
Op. Margin
$955.20M
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) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.19B | $1.18B | $966.20M | $848.30M | $887.00M | $909.20M | $827.00M | $707.40M | $705.40M | $675.40M | $637.00M | $547.00M | $537.70M | $547.30M |
| Revenue Growth % (YoY) | 34.0% | 29.4% | 16.8% | 19.9% | 25.7% | 34.6% | 29.8% | 29.3% | 31.2% | 23.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $739.10M | $747.90M | $673.70M | $591.30M | $600.80M | $641.90M | $595.20M | $519.60M | $510.20M | $495.10M | $470.10M | $401.60M | $-1.13B | $411.60M |
| Gross Profit | $449.50M | $429.00M | $292.50M | $257.00M | $286.20M | $267.30M | $231.80M | $187.80M | $195.20M | $180.30M | $166.90M | $145.40M | $1.66B | $135.70M |
| Gross Margin % | 37.8% | 36.5% | 30.3% | 30.3% | 32.3% | 29.4% | 28.0% | 26.5% | 27.7% | 26.7% | 26.2% | 26.6% | 309.3% | 24.8% |
| Operating Income | $127.90M | $114.60M | $83.10M | $25.40M | $86.00M | $80.40M | $59.20M | $21.40M | $27.40M | $44.70M | $33.90M | $8.80M | $30.00M | $53.50M |
| Operating Margin % | 10.8% | 9.7% | 8.6% | 3.0% | 9.7% | 8.8% | 7.2% | 3.0% | 3.9% | 6.6% | 5.3% | 1.6% | 5.6% | 9.8% |
| Interest Expense | $-113.70M | $60.80M | $39.40M | $28.50M | $-25.50M | $18.30M | $8.10M | $8.10M | $8.00M | $8.00M | $8.00M | $8.10M | $7.90M | $8.30M |
| Interest Income | $9.90M | $17.50M | $19.20M | $12.40M | $13.60M | $9.70M | $5.00M | $5.40M | $5.90M | $9.60M | $8.80M | $7.60M | $5.90M | $3.50M |
| Other Income/Expense | $-3.40M | $-1.40M | $-3.00M | $-1.20M | $1.50M | $-1.50M | $400.00K | $1.40M | $-3.60M | - | $-400.00K | $100.00K | $200.00K | - |
| Income Before Tax | $67.40M | $60.50M | $55.70M | $11.40M | $124.10M | $-208.30M | $52.70M | $29.90M | $21.80M | $47.40M | $33.50M | $16.80M | $42.70M | $47.60M |
| Income Tax Expense | $14.40M | $27.10M | $14.60M | $-8.10M | $-15.20M | $-280.50M | $-1.80M | $1.40M | $2.60M | $900.00K | $-3.30M | $-3.60M | $4.20M | $1.20M |
| Net Income | $40.20M | $28.10M | $34.00M | $16.70M | $116.00M | $53.80M | $39.20M | $20.60M | $13.70M | $32.60M | $25.10M | $14.80M | $29.20M | $43.10M |
| Net Margin % | 3.4% | 2.4% | 3.5% | 2.0% | 13.1% | 5.9% | 4.7% | 2.9% | 1.9% | 4.8% | 3.9% | 2.7% | 5.4% | 7.9% |
| 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) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $964.00M | $1.51B | $3.03B | $1.17B | $1.21B | $1.43B | $205.00M | $522.90M | $455.00M | $692.30M | $649.00M | $743.90M | $776.50M | $672.70M |
| Accounts Receivable | $742.00M | $771.50M | $372.70M | $330.60M | $348.70M | $317.80M | $310.50M | $252.20M | $256.80M | $232.10M | $228.70M | $209.30M | $195.00M | $262.20M |
| Inventory | - | - | - | - | $8.90M | $7.10M | $8.10M | $2.70M | $3.40M | $2.50M | $2.80M | $4.30M | $4.80M | $5.90M |
| Other Current Assets | $125.00M | $129.10M | $65.20M | $57.20M | $42.80M | $60.10M | $50.20M | $39.30M | $32.50M | $20.70M | $16.50M | $17.50M | $15.40M | $19.90M |
| Total Current Assets | $2.18B | $2.70B | $3.78B | $1.84B | $1.91B | $2.09B | $927.70M | $1.19B | $1.15B | $1.04B | $973.30M | $1.05B | $991.70M | $960.70M |
| Property Plant & Equipment | - | - | - | - | - | - | - | $27.30M | $28.60M | $27.90M | $27.00M | $23.70M | $22.30M | $21.40M |
| Goodwill | $2.70B | $2.47B | $1.52B | $1.47B | $1.46B | $1.32B | $1.30B | $1.11B | $1.11B | $755.40M | $757.10M | $737.00M | $735.00M | $777.30M |
| Intangible Assets | $3.01B | $3.02B | $970.40M | $970.10M | $980.90M | $902.70M | $920.40M | $798.80M | $830.10M | $624.50M | $645.00M | $628.60M | $646.80M | $561.70M |
| Other Non-current Assets | $43.00M | $39.40M | $41.40M | $46.10M | $31.00M | $23.80M | $33.10M | $19.00M | $18.70M | $12.30M | $10.70M | $10.40M | $10.90M | $10.20M |
| Total Assets | $8.71B | $8.99B | $6.99B | $5.00B | $5.04B | $5.05B | $3.49B | $3.41B | $3.39B | $2.65B | $2.59B | $2.61B | $2.55B | $2.49B |
| Accounts Payable | $679.00M | $670.00M | $284.60M | $263.00M | $248.30M | $252.00M | $263.90M | $224.40M | $204.60M | $181.30M | $189.30M | $173.80M | $166.70M | $177.10M |
| Deferred Revenue | $13.00M | $14.00M | $12.90M | $11.00M | $15.50M | $22.10M | $18.60M | $14.70M | $20.60M | $14.90M | $15.80M | $21.00M | $16.30M | $20.30M |
| Total Current Liabilities | $1.31B | $1.96B | $1.49B | $1.36B | $1.38B | $703.40M | $686.30M | $700.30M | $704.40M | $313.00M | $300.40M | $283.10M | $268.30M | $288.60M |
| Long-term Debt | $4.55B | $4.02B | $3.04B | $2.16B | $2.84B | $2.84B | $1.75B | $1.75B | $1.75B | $1.75B | $1.75B | $1.74B | $1.74B | $1.74B |
| Deferred Tax Liabilities | $471.00M | $348.90M | $40.80M | $44.40M | $60.60M | $32.70M | $31.10M | $27.60M | $28.70M | $17.40M | $17.80M | $13.10M | $18.60M | $9.30M |
| Other Non-current Liabilities | $36.00M | $43.60M | $32.80M | $42.30M | $38.70M | $35.70M | $39.30M | $14.80M | $17.30M | $11.60M | $28.70M | $29.50M | $26.50M | $11.30M |
| Total Liabilities | $6.76B | $6.76B | $4.97B | $3.99B | $4.02B | $4.00B | $2.54B | $2.51B | $2.52B | $2.11B | $2.11B | $2.09B | $2.07B | $2.06B |
| Retained Earnings | $-467.00M | $-283.40M | $-296.40M | $-259.60M | $-228.20M | $-257.50M | $-297.80M | $-326.10M | $-346.70M | $-355.00M | $-387.60M | $-348.80M | $-363.60M | $-392.80M |
| Treasury Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Stockholders Equity | $1.44B | $1.67B | $1.59B | $805.20M | $806.60M | $811.80M | $700.80M | $674.50M | $653.30M | $400.20M | $356.50M | $391.80M | $347.30M | $302.50M |
| Total Liabilities & Equity | $8.71B | $8.99B | $6.99B | $5.00B | $5.04B | $5.05B | $3.49B | $3.41B | $3.39B | $2.65B | $2.59B | $2.61B | $2.55B | $2.49B |
| 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) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $40.20M | $28.10M | $50.70M | $16.70M | $116.00M | $113.60M | $59.80M | $20.60M | $13.70M | $72.50M | $39.90M | $14.80M | $29.20M | $43.10M |
| Depreciation & Amortization | $133.30M | $125.10M | $173.60M | $85.20M | $83.50M | $213.10M | $135.80M | $66.10M | $61.90M | $152.70M | $50.00M | $47.60M | $47.50M | $101.60M |
| Stock-based Compensation | $25.20M | $56.80M | $41.20M | $26.00M | $14.10M | $51.40M | $37.10M | $22.80M | $11.00M | $46.40M | $34.00M | $20.90M | $11.20M | $38.40M |
| Change in Receivables | $-11.90M | $6.90M | $24.00M | $-15.20M | $29.00M | $46.00M | $36.80M | $-500.00K | $8.90M | $43.80M | $37.90M | $17.10M | $-62.20M | $58.10M |
| Change in Inventory | - | - | - | - | $-1.30M | $-7.00M | $-2.90M | $-700.00K | $-1.50M | $-5.70M | $-2.50M | $-700.00K | $300.00K | $-3.10M |
| Change in Payables | $3.50M | $500.00K | $17.00M | $9.40M | - | $24.90M | $36.70M | $21.40M | $-1.10M | $15.80M | $19.60M | $5.30M | $-6.90M | $44.20M |
| Operating Cash Flow | $223.70M | $410.30M | $238.50M | $96.60M | $145.40M | $354.90M | $172.80M | $56.70M | $105.30M | $283.00M | $171.30M | $79.40M | $139.50M | $135.90M |
| Capital Expenditure | $1.20M | $8.80M | $2.40M | $1.50M | $1.60M | $5.50M | $3.50M | $1.30M | $2.40M | $11.30M | $6.10M | $2.70M | $1.20M | $6.80M |
| Acquisitions | $176.70M | $2.57B | $3.70M | $3.70M | $248.70M | $305.90M | $301.40M | - | $133.40M | $36.30M | $36.30M | $1.20M | $100.00K | $135.20M |
| Purchases of Investments | - | $3.00M | $3.00M | $3.00M | - | - | - | - | - | - | - | - | - | $1.50M |
| Investing Cash Flow | $-217.30M | $-2.78B | $-132.20M | $-85.00M | $-255.90M | $-435.20M | $-381.50M | $-39.70M | $-150.80M | $-151.10M | $-108.00M | $-31.40M | $-33.80M | $-483.00M |
| Stock Issued | $200.00K | $87.80M | - | - | - | - | - | - | - | - | - | - | - | - |
| Stock Repurchased | $304.80M | $148.20M | $148.20M | $62.90M | $110.00M | $35.90M | $15.90M | - | $8.60M | $96.80M | $96.80M | - | - | $185.90M |
| Financing Cash Flow | $-536.20M | $2.59B | $1.63B | $-80.70M | $-21.40M | $950.60M | $-100.80M | $-29.80M | $-27.90M | $-124.30M | $-115.20M | $-7.00M | $-3.20M | $-211.40M |
| Net Change in Cash | $-525.10M | $271.10M | $1.81B | $-54.30M | $-156.80M | $873.60M | $-318.50M | $-19.30M | $-61.50M | $6.80M | $-51.20M | $41.40M | $103.80M | $-558.80M |
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 | $1.18B | - | $2.99B | - |
| Cost of Revenue | $747.90M | - | $2.01B | - |
| Operating Income | $114.60M | - | $223.10M | - |
| Interest Expense | $60.80M | - | $128.70M | - |
| Interest Income | $17.50M | - | $49.10M | - |
| Other Income/Expense | $-1.40M | - | $-5.60M | - |
| Income Before Tax | $60.50M | - | $127.60M | - |
| Income Tax Expense | $27.10M | - | $33.60M | - |
| Net Income | $28.10M | $54.50M | $78.80M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.51B | $1.21B |
| Accounts Receivable | $771.50M | $348.70M |
| Other Current Assets | $129.10M | $51.70M |
| Total Current Assets | $2.70B | $1.91B |
| Goodwill | $2.47B | $1.46B |
| Intangible Assets | $3.02B | - |
| Other Non-current Assets | $39.40M | $31.00M |
| Total Assets | $8.99B | $5.04B |
| Accounts Payable | $670.00M | $248.30M |
| Deferred Revenue | $14.00M | $15.50M |
| Total Current Liabilities | $1.96B | $1.38B |
| Long-term Debt | $4.02B | $2.15B |
| Deferred Tax Liabilities | $348.90M | $60.60M |
| Other Non-current Liabilities | $43.60M | $38.70M |
| Total Liabilities | $6.76B | $4.02B |
| Retained Earnings | $-283.40M | $-228.20M |
| Total Stockholders Equity | $1.67B | $806.60M |
| Total Liabilities & Equity | $8.99B | $5.04B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $28.10M | $54.50M | $78.80M | - |
| Depreciation & Amortization | $125.10M | - | $298.70M | - |
| Stock-based Compensation | - | - | $56.80M | - |
| Change in Receivables | - | - | $6.90M | - |
| Change in Payables | - | - | $500.00K | - |
| Operating Cash Flow | - | - | $410.30M | - |
| Capital Expenditure | - | - | $8.80M | - |
| Acquisitions | - | - | $2.57B | - |
| Purchases of Investments | - | - | $3.00M | - |
| Investing Cash Flow | - | - | $-2.78B | - |
| Stock Issued | - | - | $87.80M | - |
| Stock Repurchased | - | - | $148.20M | - |
| Financing Cash Flow | - | - | $2.59B | - |
| Net Change in Cash | - | - | $271.10M | - |
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.