$925.40M
Revenue
$28.80M
Net Income
47.40%
Gross Margin
5.57%
Op. Margin
$164.70M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $925.40M | $925.40M | $860.80M | $800.90M | $717.80M | - |
| Revenue Growth % | 0.0% | 7.5% | 7.5% | 11.6% | nan% | nan% |
| Cost of Revenue | $486.80M | $486.80M | $461.10M | $444.50M | $407.70M | - |
| Gross Profit | $438.60M | $438.60M | $399.70M | $356.40M | $310.10M | - |
| Gross Margin % | 47.4% | 47.4% | 46.4% | 44.5% | 43.2% | nan% |
| Operating Expenses | $387.10M | $387.10M | $374.90M | $378.30M | $607.90M | - |
| Research & Development | $38.90M | $38.90M | $35.00M | $31.70M | $30.30M | - |
| Selling General & Admin | $348.20M | $348.20M | $341.10M | $340.10M | $362.30M | - |
| Operating Income | $51.50M | $51.50M | $24.80M | $-21.90M | $-297.80M | - |
| Operating Margin % | 5.6% | 5.6% | 2.9% | -2.7% | -41.5% | nan% |
| Interest Expense | - | $37.90M | $55.10M | $58.50M | - | - |
| Interest Income | $12.10M | $12.10M | $6.60M | $4.80M | $600.00K | - |
| Other Income/Expense | $-300.00K | $-300.00K | $100.00K | $800.00K | $400.00K | - |
| Income Before Tax | $32.70M | $32.70M | $-33.90M | $-105.30M | $-306.60M | - |
| Income Tax Expense | $2.90M | $2.90M | $2.70M | $-6.60M | $-18.20M | - |
| Net Income | $28.80M | $28.80M | $-36.10M | $-96.90M | $-276.90M | $-158.40M |
| Net Margin % | 3.1% | 3.1% | -4.2% | -12.1% | -38.6% | nan% |
| Basic EPS | nan | 0.13 | -0.18 | -0.49 | -1.53 | nan |
| Diluted EPS | nan | 0.11 | -0.18 | -0.49 | -1.53 | nan |
| Basic Shares Outstanding | 4.9M | 230.0M | 205.0M | 196.4M | 181.1M | - |
| Diluted Shares Outstanding | 4.9M | 261.2M | 205.0M | 196.4M | 181.1M | - |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $412.30M | $175.20M | $128.80M | $73.50M | $84.00M |
| Accounts Receivable | $181.60M | $177.70M | $172.30M | $171.20M | $157.40M |
| Inventory | $152.60M | $133.20M | $144.10M | $143.30M | $123.60M |
| Other Current Assets | $16.50M | $13.60M | $44.10M | $33.60M | $30.90M |
| Total Current Assets | $893.70M | $594.70M | $538.60M | $480.60M | $453.40M |
| Property Plant & Equipment | $154.90M | $146.30M | $134.50M | $124.30M | $124.00M |
| Goodwill | $1.87B | $1.43B | $1.45B | $1.42B | $1.66B |
| Intangible Assets | $606.30M | $411.60M | $538.80M | $650.40M | $806.90M |
| Other Non-current Assets | $28.70M | $26.80M | $25.10M | $24.30M | $24.70M |
| Total Assets | $3.59B | $2.64B | $2.72B | $2.74B | $3.12B |
| Accounts Payable | $57.40M | $56.50M | $58.70M | $67.70M | $59.40M |
| Accrued Liabilities | - | - | - | - | $9.30M |
| Deferred Revenue | $112.30M | $96.60M | $103.40M | $83.00M | $73.00M |
| Total Current Liabilities | $316.10M | $263.40M | $265.70M | $244.30M | $221.00M |
| Long-term Debt | $443.10M | $685.20M | $684.70M | - | - |
| Deferred Tax Liabilities | $70.00M | $61.10M | $84.00M | - | - |
| Other Non-current Liabilities | $60.70M | $40.10M | $50.70M | - | - |
| Total Liabilities | $1.67B | $1.08B | $1.17B | $1.27B | $1.33B |
| Retained Earnings | $-512.70M | $-541.50M | $-505.40M | $-408.50M | $-131.60M |
| Total Stockholders Equity | $1.87B | $1.51B | $1.48B | $1.40B | $1.69B |
| Total Liabilities & Equity | $3.59B | $2.64B | $2.72B | $2.74B | $3.12B |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $29.10M | $28.80M | $-36.10M | $-96.90M | $-276.90M | $-158.40M |
| Depreciation & Amortization | - | $138.10M | $150.40M | $162.80M | - | - |
| Stock-based Compensation | $25.30M | $15.20M | $15.60M | $21.90M | $31.80M | - |
| Deferred Income Tax | - | $-22.30M | $-23.80M | $-30.90M | - | - |
| Change in Receivables | $-84.90M | $-14.60M | $12.00M | $5.00M | $14.80M | - |
| Change in Inventory | $9.50M | $-3.30M | $-1.30M | $500.00K | $34.80M | - |
| Change in Payables | $-27.20M | $-10.80M | $-1.50M | $-9.90M | $4.50M | - |
| Operating Cash Flow | $226.90M | $143.30M | $99.10M | $95.20M | $39.40M | - |
| Capital Expenditure | $62.20M | $36.40M | $48.80M | $37.10M | $34.20M | - |
| Acquisitions | $661.90M | $661.90M | $1.00M | $31.40M | $6.60M | - |
| Investing Cash Flow | $-717.90M | $-694.60M | $-43.70M | $-64.70M | $-39.50M | - |
| Stock Issued | - | $425.00M | - | $150.00M | - | - |
| Stock Repurchased | $117.80M | $49.60M | $2.00M | $1.00M | - | - |
| Financing Cash Flow | $795.90M | $775.90M | $-3.30M | $22.60M | $-7.00M | - |
| Net Change in Cash | $337.60M | $239.60M | $45.10M | $55.50M | $-10.30M | - |
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 | $223.10M | - | $648.00M | - |
| Cost of Revenue | $118.60M | - | $344.90M | - |
| Gross Profit | $104.50M | - | $303.10M | - |
| Operating Expenses | $97.10M | - | $277.10M | - |
| Research & Development | $10.10M | - | $28.80M | - |
| Selling General & Admin | $87.00M | - | $248.30M | - |
| Operating Income | $7.40M | - | $26.00M | - |
| Interest Income | $2.20M | - | $6.10M | - |
| Other Income/Expense | $-100.00K | - | $-400.00K | - |
| Income Before Tax | $1.20M | - | $9.60M | - |
| Income Tax Expense | $-1.90M | - | $-2.40M | - |
| Net Income | $2.90M | $-12.00M | $11.50M | - |
| Basic EPS | 0.01 | - | 0.05 | - |
| Diluted EPS | 0.01 | - | 0.04 | - |
| Basic Shares Outstanding | $224.58M | - | $225.08M | - |
| Diluted Shares Outstanding | $255.66M | - | $256.25M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $933.20M | $175.20M |
| Accounts Receivable | $150.00M | $177.70M |
| Inventory | $146.00M | $133.20M |
| Other Current Assets | $58.20M | $41.30M |
| Total Current Assets | $1.39B | $594.70M |
| Property Plant & Equipment | $153.30M | $146.30M |
| Goodwill | $1.53B | $1.43B |
| Intangible Assets | $381.40M | $411.60M |
| Other Non-current Assets | $16.70M | $26.80M |
| Total Assets | $3.50B | $2.64B |
| Accounts Payable | $49.40M | $56.50M |
| Deferred Revenue | $93.20M | $96.60M |
| Total Current Liabilities | $287.00M | $263.40M |
| Deferred Tax Liabilities | $51.80M | $61.10M |
| Other Non-current Liabilities | $41.00M | $40.10M |
| Total Liabilities | $1.60B | $1.08B |
| Retained Earnings | $-530.00M | $-541.50M |
| Total Stockholders Equity | $1.84B | $1.51B |
| Total Liabilities & Equity | $3.50B | $2.64B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $2.90M | $-12.00M | $11.50M | - |
| Stock-based Compensation | - | - | $11.20M | - |
| Change in Receivables | - | - | $-31.40M | - |
| Change in Inventory | - | - | $6.30M | - |
| Change in Payables | - | - | $-10.90M | - |
| Operating Cash Flow | - | - | $70.30M | - |
| Capital Expenditure | - | - | $26.60M | - |
| Acquisitions | - | - | $79.90M | - |
| Investing Cash Flow | - | - | $-103.80M | - |
| Stock Issued | - | - | $425.00M | - |
| Stock Repurchased | - | - | $49.60M | - |
| Financing Cash Flow | - | - | $778.70M | - |
| Net Change in Cash | - | - | $758.00M | - |
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.