$708.78M
Revenue
$76.70M
Net Income
55.08%
Gross Margin
13.55%
Op. Margin
$358.72M
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 | $708.78M | $708.78M | $712.54M | $765.15M | $886.30M | $1.31B |
| Revenue Growth % | 0.0% | -0.5% | -6.9% | -13.7% | -32.1% | nan% |
| Cost of Revenue | $318.35M | $318.35M | $359.75M | $421.85M | $536.40M | $848.78M |
| Gross Profit | $390.43M | $390.43M | $352.79M | $343.29M | $349.89M | $457.45M |
| Gross Margin % | 55.1% | 55.1% | 49.5% | 44.9% | 39.5% | 35.0% |
| Operating Expenses | $294.40M | $294.40M | $276.68M | $273.31M | $269.94M | $265.05M |
| Research & Development | $66.52M | $66.52M | $60.40M | $65.05M | $76.91M | $79.81M |
| Operating Income | $96.03M | $96.03M | $76.11M | $69.98M | $79.95M | $192.41M |
| Operating Margin % | 13.5% | 13.5% | 10.7% | 9.1% | 9.0% | 14.7% |
| Interest Expense | $488.00K | $567.00K | $326.00K | $323.00K | $289.00K | $298.00K |
| Other Income/Expense | $11.86M | $11.86M | $12.77M | $9.80M | $2.03M | $-32.00K |
| Income Before Tax | $107.89M | $107.89M | $88.88M | $79.78M | $81.98M | $192.37M |
| Income Tax Expense | $31.19M | $31.19M | $26.05M | $26.15M | $21.32M | $51.90M |
| Net Income | $76.70M | $76.70M | $62.83M | $53.64M | $60.67M | $140.47M |
| Net Margin % | 10.8% | 10.8% | 8.8% | 7.0% | 6.8% | 10.8% |
| Basic EPS | nan | 0.36 | 0.29 | 0.25 | 0.28 | 0.67 |
| Diluted EPS | nan | 0.35 | 0.29 | 0.24 | 0.28 | 0.64 |
| Basic Shares Outstanding | 3.0M | 215.2M | 215.1M | 216.9M | 214.5M | 208.8M |
| Diluted Shares Outstanding | 3.3M | 217.3M | 215.6M | 219.7M | 220.6M | 219.8M |
| 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 | $256.22M | $232.14M | $142.19M | $224.94M | $241.60M |
| Short-term Investments | $19.43M | $104.77M | $102.95M | $74.26M | - |
| Accounts Receivable | $92.01M | $101.98M | $111.25M | $136.54M | $199.51M |
| Inventory | $113.53M | $134.27M | - | - | $454.17M |
| Other Current Assets | $29.27M | $26.07M | $19.11M | $23.84M | $32.82M |
| Total Current Assets | $499.59M | $580.21M | $619.97M | $811.26M | $928.10M |
| Property Plant & Equipment | $40.26M | $37.55M | $47.61M | $63.41M | $53.26M |
| Intangible Assets | - | - | - | $760.00K | $1.52M |
| Total Assets | $580.81M | $693.03M | $750.12M | $949.63M | $1.01B |
| Accounts Payable | $71.55M | $53.37M | $76.86M | $63.20M | $204.71M |
| Deferred Revenue | $50.41M | $45.43M | $40.30M | $34.87M | $30.55M |
| Other Current Liabilities | $71.15M | $76.27M | $71.93M | $69.78M | $69.35M |
| Total Current Liabilities | $221.07M | $203.37M | $196.46M | $254.06M | $308.37M |
| Other Non-current Liabilities | $5.28M | $8.76M | $6.92M | $5.11M | $3.27M |
| Total Liabilities | $237.25M | $226.27M | $215.25M | $276.89M | $332.27M |
| Common Stock | $211.00K | $213.00K | $218.00K | $220.00K | $222.00K |
| Retained Earnings | $3.96M | - | $28.51M | - | $-43.56M |
| Total Stockholders Equity | $343.56M | $466.76M | $534.87M | $672.74M | $673.98M |
| Total Liabilities & Equity | $580.81M | $693.03M | $750.12M | $949.63M | $1.01B |
| 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 | $100.62M | $76.70M | $62.83M | $53.64M | $60.67M | $140.47M |
| Depreciation & Amortization | $42.63M | $24.44M | $29.01M | $30.04M | $26.96M | $19.39M |
| Stock-based Compensation | $65.38M | $34.79M | $45.07M | $47.33M | $41.12M | $38.07M |
| Deferred Income Tax | - | $26.06M | $-4.32M | $-11.24M | - | - |
| Change in Receivables | $-67.28M | $-12.62M | $-4.89M | $-23.50M | $-63.70M | $37.67M |
| Change in Inventory | $-50.83M | $-41.16M | $-149.97M | $-78.38M | $-63.09M | $207.98M |
| Change in Payables | $40.08M | $16.85M | $-23.12M | $13.54M | $-139.84M | $-46.67M |
| Operating Cash Flow | $358.72M | $200.23M | $264.97M | $288.10M | $117.68M | $-104.95M |
| Purchases of Investments | - | - | $110.52M | $63.45M | $180.11M | - |
| Investing Cash Flow | $71.28M | $60.66M | $-18.33M | $-48.78M | $-107.87M | $-35.79M |
| Stock Repurchased | $53.49M | $24.75M | $38.49M | $20.33M | $18.58M | - |
| Dividends Paid | $245.09M | $202.10M | $109.97M | $294.13M | - | - |
| Financing Cash Flow | $-321.41M | $-237.44M | $-156.44M | $-322.19M | $-26.25M | $260.24M |
| Net Change in Cash | $109.99M | $24.08M | $89.95M | $-82.76M | $-16.65M | $119.38M |
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 | $170.44M | - | $505.18M | - |
| Cost of Revenue | $76.34M | - | $211.20M | - |
| Gross Profit | $94.10M | - | $293.98M | - |
| Operating Expenses | $71.44M | - | $211.89M | - |
| Research & Development | $16.86M | - | $49.28M | - |
| Operating Income | $22.65M | - | $82.10M | - |
| Interest Expense | $183.00K | - | $343.00K | - |
| Interest Income | $2.34M | - | $9.28M | - |
| Other Income/Expense | $2.98M | - | $10.00M | - |
| Income Before Tax | $25.63M | - | $92.09M | - |
| Income Tax Expense | $5.12M | - | $23.18M | - |
| Net Income | $20.51M | $19.77M | $68.91M | - |
| Basic EPS | 0.10 | - | 0.32 | - |
| Diluted EPS | 0.10 | - | 0.32 | - |
| Basic Shares Outstanding | $212.26M | - | $212.19M | - |
| Diluted Shares Outstanding | $215.29M | - | $214.02M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $187.87M | $232.14M |
| Short-term Investments | $19.23M | $104.77M |
| Accounts Receivable | $88.54M | $101.98M |
| Other Current Assets | $10.56M | $26.07M |
| Total Current Assets | $441.10M | $580.21M |
| Property Plant & Equipment | $38.67M | $37.55M |
| Total Assets | $564.25M | $693.03M |
| Accounts Payable | $68.32M | $53.37M |
| Deferred Revenue | $49.12M | $45.43M |
| Other Current Liabilities | $65.95M | $76.27M |
| Total Current Liabilities | $187.04M | $203.37M |
| Other Non-current Liabilities | $7.34M | $8.76M |
| Total Liabilities | $205.86M | $226.27M |
| Common Stock | $212.00K | $213.00K |
| Retained Earnings | $20.51M | - |
| Total Stockholders Equity | $358.39M | $466.76M |
| Total Liabilities & Equity | $564.25M | $693.03M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $20.51M | $19.77M | $68.91M | - |
| Depreciation & Amortization | - | - | $18.14M | - |
| Stock-based Compensation | - | - | $27.52M | - |
| Change in Receivables | - | - | $-16.01M | - |
| Change in Inventory | - | - | $-2.78M | - |
| Change in Payables | - | - | $14.76M | - |
| Operating Cash Flow | - | - | $117.80M | - |
| Purchases of Investments | - | - | - | - |
| Investing Cash Flow | - | - | $67.89M | - |
| Stock Repurchased | - | - | $19.09M | - |
| Dividends Paid | - | - | $202.07M | - |
| Financing Cash Flow | - | - | $-230.48M | - |
| Net Change in Cash | - | - | $-44.27M | - |
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.