$7.66B
Revenue
$272.00M
Net Income
31.14%
Gross Margin
6.61%
Op. Margin
$728.00M
Free Cash Flow
| Breakdown | TTM (Sep 30, 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 | $7.66B | $7.02B | $6.93B | $6.56B | $3.94B | $3.59B |
| Revenue Growth % | 9.1% | 1.3% | 5.6% | 66.4% | 9.8% | nan% |
| Cost of Revenue | $5.27B | $4.84B | $4.99B | $4.84B | $3.00B | $2.83B |
| Gross Profit | $2.38B | $2.18B | $1.94B | $1.71B | $939.00M | $756.00M |
| Gross Margin % | 31.1% | 31.0% | 28.0% | 26.1% | 23.8% | 21.1% |
| Selling General & Admin | $1.88B | $1.69B | $1.58B | $1.55B | $803.00M | $725.00M |
| Operating Income | $506.00M | $484.00M | $359.00M | $162.00M | $136.00M | $-166.00M |
| Operating Margin % | 6.6% | 6.9% | 5.2% | 2.5% | 3.5% | -4.6% |
| Interest Expense | $248.00M | $152.00M | $145.00M | $125.00M | $60.00M | $52.00M |
| Other Income/Expense | $-144.00M | $-154.00M | $-127.00M | $-69.00M | $-57.00M | $-18.00M |
| Income Before Tax | $362.00M | $330.00M | $232.00M | $93.00M | $79.00M | $-184.00M |
| Income Tax Expense | $90.00M | $80.00M | $79.00M | $20.00M | $32.00M | $-31.00M |
| Net Income | $272.00M | $250.00M | $153.00M | $73.00M | $47.00M | $-153.00M |
| Net Margin % | 3.6% | 3.6% | 2.2% | 1.1% | 1.2% | -4.3% |
| Basic EPS | 0.38 | -0.84 | -0.68 | 0.10 | -0.67 | -2.21 |
| Diluted EPS | 0.37 | -0.84 | -0.68 | 0.10 | -0.67 | -2.21 |
| Basic Shares Outstanding | 415.8M | 267.7M | 235.1M | 233.2M | 206.0M | 169.0M |
| Diluted Shares Outstanding | 429.5M | 267.7M | 235.1M | 266.1M | 206.0M | 169.0M |
| Breakdown | 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 | $499.00M | $479.00M | $605.00M | $1.19B | $515.00M |
| Accounts Receivable | $1.44B | $1.40B | $1.31B | $767.00M | $639.00M |
| Inventory | $143.00M | $150.00M | $163.00M | $69.00M | $64.00M |
| Other Current Assets | $119.00M | $122.00M | $110.00M | $83.00M | $77.00M |
| Total Current Assets | $2.66B | $2.58B | $2.65B | $2.63B | $1.44B |
| Property Plant & Equipment | - | - | $407.00M | $326.00M | $355.00M |
| Goodwill | $2.89B | $2.47B | $2.38B | $1.11B | $1.08B |
| Intangible Assets | $1.66B | $1.62B | $1.78B | $882.00M | $965.00M |
| Other Non-current Assets | $116.00M | $75.00M | $144.00M | $45.00M | $30.00M |
| Total Assets | $8.15B | $7.59B | $8.09B | $5.16B | $4.07B |
| Accounts Payable | $497.00M | $472.00M | $490.00M | $236.00M | $150.00M |
| Short-term Debt | $4.00M | $5.00M | $206.00M | $1.00M | $18.00M |
| Deferred Revenue | $590.00M | $526.00M | $463.00M | $243.00M | $219.00M |
| Total Current Liabilities | $1.89B | $1.81B | $1.92B | $867.00M | $841.00M |
| Long-term Debt | $2.75B | $2.32B | $2.58B | $1.77B | $1.40B |
| Deferred Tax Liabilities | $198.00M | $233.00M | $340.00M | $43.00M | $45.00M |
| Other Non-current Liabilities | $105.00M | $127.00M | $111.00M | $71.00M | $106.00M |
| Total Liabilities | $5.20B | $4.72B | $5.17B | $2.84B | $2.51B |
| Common Stock | - | - | - | - | - |
| Retained Earnings | $215.00M | $-11.00M | $-164.00M | $-237.00M | $-284.00M |
| Total Stockholders Equity | $2.95B | $2.07B | $2.13B | $2.32B | $1.56B |
| Total Liabilities & Equity | $8.15B | $7.59B | $8.09B | $5.16B | $4.07B |
| Breakdown | TTM (Sep 30, 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 | $272.00M | $250.00M | $153.00M | $73.00M | $47.00M | $-153.00M |
| Stock-based Compensation | $68.00M | $32.00M | $29.00M | $18.00M | $12.00M | $5.00M |
| Deferred Income Tax | - | $-27.00M | $-32.00M | - | - | - |
| Change in Receivables | $73.00M | $2.00M | $69.00M | $148.00M | $99.00M | $-120.00M |
| Change in Inventory | $-3.00M | $-9.00M | $-13.00M | $30.00M | $2.00M | $-11.00M |
| Change in Payables | $17.00M | $16.00M | $-14.00M | $71.00M | $78.00M | $-24.00M |
| Operating Cash Flow | $867.00M | $620.00M | $514.00M | $270.00M | $182.00M | $496.00M |
| Capital Expenditure | $139.00M | $84.00M | $86.00M | $79.00M | $55.00M | $38.00M |
| Acquisitions | $422.00M | $778.00M | $83.00M | $2.84B | $86.00M | $319.00M |
| Investing Cash Flow | $-534.00M | $-829.00M | $-115.00M | $-2.90B | $-121.00M | $-340.00M |
| Debt Repayment | $113.00M | $437.00M | $484.00M | $34.00M | $321.00M | $21.00M |
| Stock Issued | - | $458.00M | - | $797.00M | - | - |
| Stock Repurchased | $225.00M | - | $41.00M | $44.00M | - | $30.00M |
| Financing Cash Flow | $-418.00M | $245.00M | $-532.00M | $1.76B | $917.00M | $99.00M |
| Net Change in Cash | $-41.00M | $21.00M | $-127.00M | $-884.00M | $976.00M | $259.00M |
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 | $2.08B | - | $5.79B | - |
| Cost of Revenue | $1.43B | - | $3.98B | - |
| Gross Profit | $652.00M | - | $1.81B | - |
| Selling General & Admin | $489.00M | - | $1.42B | - |
| Operating Income | $163.00M | - | $390.00M | - |
| Interest Expense | - | - | $105.00M | - |
| Other Income/Expense | $-33.00M | - | $-106.00M | - |
| Income Before Tax | $130.00M | - | $284.00M | - |
| Income Tax Expense | $37.00M | - | $79.00M | - |
| Net Income | $93.00M | $69.00M | $205.00M | - |
| Basic EPS | 0.20 | - | 0.44 | - |
| Diluted EPS | 0.20 | - | 0.43 | - |
| Basic Shares Outstanding | $415.81M | - | $415.64M | - |
| Diluted Shares Outstanding | $429.47M | - | $424.67M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $555.00M | $499.00M |
| Accounts Receivable | $1.56B | $1.44B |
| Inventory | $148.00M | $143.00M |
| Other Current Assets | $164.00M | $119.00M |
| Total Current Assets | $3.01B | $2.66B |
| Goodwill | $3.15B | $2.89B |
| Intangible Assets | $1.64B | $1.66B |
| Other Non-current Assets | $88.00M | $116.00M |
| Total Assets | $8.72B | $8.15B |
| Accounts Payable | $537.00M | $497.00M |
| Short-term Debt | $5.00M | $4.00M |
| Deferred Revenue | $672.00M | $590.00M |
| Total Current Liabilities | $2.03B | $1.89B |
| Long-term Debt | $2.75B | $2.75B |
| Deferred Tax Liabilities | $218.00M | $198.00M |
| Other Non-current Liabilities | $147.00M | $105.00M |
| Total Liabilities | $5.45B | $5.20B |
| Common Stock | - | - |
| Retained Earnings | $420.00M | $215.00M |
| Total Stockholders Equity | $3.28B | $2.95B |
| Total Liabilities & Equity | $8.72B | $8.15B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $93.00M | $69.00M | $205.00M | - |
| Stock-based Compensation | - | - | $31.00M | - |
| Change in Receivables | - | - | $58.00M | - |
| Change in Inventory | - | - | $-2.00M | - |
| Change in Payables | - | - | $18.00M | - |
| Operating Cash Flow | - | - | $377.00M | - |
| Capital Expenditure | - | - | $70.00M | - |
| Acquisitions | - | - | $174.00M | - |
| Investing Cash Flow | - | - | $-231.00M | - |
| Debt Repayment | - | - | $5.00M | - |
| Stock Issued | - | - | - | - |
| Stock Repurchased | - | - | $75.00M | - |
| Financing Cash Flow | - | - | $-116.00M | - |
| Net Change in Cash | - | - | $55.00M | - |
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.