$3.65B
Revenue
$278.00M
Net Income
23.82%
Gross Margin
9.54%
Op. Margin
$-169.00M
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 | $3.65B | $3.65B | $3.23B | $2.83B | $2.69B | $2.88B |
| Revenue Growth % | 0.0% | 12.8% | 14.4% | 4.9% | -6.5% | nan% |
| Cost of Revenue | $2.78B | $2.78B | $2.50B | $2.18B | $2.12B | $2.33B |
| Gross Profit | $869.00M | $869.00M | $736.00M | $648.00M | $575.00M | $547.00M |
| Gross Margin % | 23.8% | 23.8% | 22.8% | 22.9% | 21.4% | 19.0% |
| Research & Development | - | $129.00M | $92.00M | $82.00M | - | - |
| Operating Income | $348.00M | $348.00M | $293.00M | $231.00M | $561.00M | $236.00M |
| Operating Margin % | 9.5% | 9.5% | 9.1% | 8.2% | 20.8% | 8.2% |
| Interest Expense | - | - | $21.00M | $36.00M | $34.00M | $35.00M |
| Other Income/Expense | $-4.00M | $-4.00M | $-8.00M | $-3.00M | $-2.00M | $-1.00M |
| Income Before Tax | $336.00M | $336.00M | $264.00M | $192.00M | $525.00M | $200.00M |
| Income Tax Expense | $58.00M | $58.00M | $51.00M | $24.00M | $120.00M | $46.00M |
| Net Income | $278.00M | $278.00M | $213.00M | $168.00M | $405.00M | $154.00M |
| Net Margin % | 7.6% | 7.6% | 6.6% | 5.9% | 15.0% | 5.3% |
| Basic EPS | 1.05 | 1.05 | 0.81 | 0.64 | 1.88 | 1.06 |
| Diluted EPS | 1.03 | 1.03 | 0.80 | 0.64 | 1.88 | 1.06 |
| Basic Shares Outstanding | - | 265.9M | 263.7M | 261.5M | - | - |
| Diluted Shares Outstanding | - | 268.7M | 267.7M | 264.2M | - | - |
| 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 | $647.00M | $598.00M | $467.00M | $306.00M | $240.00M |
| Accounts Receivable | $334.00M | $253.00M | $151.00M | $166.00M | $156.00M |
| Inventory | $352.00M | $358.00M | $329.00M | $319.00M | $205.00M |
| Other Current Assets | $36.00M | $55.00M | $42.00M | $24.00M | $22.00M |
| Total Current Assets | $2.33B | $2.16B | $1.92B | $1.71B | $1.39B |
| Goodwill | $1.24B | $1.24B | $1.24B | $1.24B | $1.07B |
| Intangible Assets | $112.00M | $132.00M | $151.00M | $172.00M | $52.00M |
| Other Non-current Assets | $210.00M | $91.00M | $89.00M | $92.00M | $137.00M |
| Total Assets | $4.49B | $4.18B | $3.92B | $3.68B | $3.07B |
| Accounts Payable | $351.00M | $426.00M | $398.00M | $457.00M | $479.00M |
| Short-term Debt | $5.00M | $4.00M | $57.00M | $29.00M | $41.00M |
| Deferred Revenue | $585.00M | $399.00M | $335.00M | $233.00M | $174.00M |
| Other Current Liabilities | $269.00M | $266.00M | $288.00M | $323.00M | $295.00M |
| Total Current Liabilities | $1.23B | $1.12B | $1.08B | $1.04B | $989.00M |
| Long-term Debt | $348.00M | $340.00M | $349.00M | $365.00M | $352.00M |
| Deferred Tax Liabilities | $3.00M | $7.00M | $4.00M | - | - |
| Other Non-current Liabilities | $166.00M | $130.00M | $129.00M | $98.00M | $74.00M |
| Common Stock | $3.00M | $3.00M | $3.00M | $3.00M | $1.00M |
| Retained Earnings | $-2.31B | $-2.59B | $-2.81B | $-2.97B | $-2.98B |
| Total Stockholders Equity | $2.73B | $2.56B | $2.33B | $2.13B | $1.59B |
| Total Liabilities & Equity | $4.49B | $4.18B | $3.92B | $3.68B | $3.07B |
| 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 | $278.00M | $278.00M | $213.00M | $168.00M | $405.00M | $154.00M |
| Depreciation & Amortization | $162.00M | $93.00M | $91.00M | $85.00M | $65.00M | $58.00M |
| Stock-based Compensation | $54.00M | $32.00M | $22.00M | $17.00M | $5.00M | - |
| Deferred Income Tax | $30.00M | $28.00M | $23.00M | $-52.00M | - | - |
| Change in Receivables | $94.00M | $81.00M | $102.00M | $-15.00M | $1.00M | $54.00M |
| Change in Inventory | $63.00M | $-6.00M | $29.00M | $10.00M | $33.00M | $-42.00M |
| Change in Payables | $-361.00M | $-79.00M | $15.00M | $-59.00M | $-14.00M | $1.00M |
| Operating Cash Flow | $62.00M | $366.00M | $271.00M | $205.00M | $33.00M | $178.00M |
| Capital Expenditure | $231.00M | $139.00M | $85.00M | $60.00M | $65.00M | $60.00M |
| Acquisitions | - | - | - | - | $-19.00M | $14.00M |
| Investing Cash Flow | $-246.00M | $-154.00M | $-84.00M | $-59.00M | $436.00M | $39.00M |
| Stock Issued | $12.00M | $9.00M | $16.00M | $12.00M | - | - |
| Stock Repurchased | $52.00M | $35.00M | $19.00M | $1.00M | - | - |
| Dividends Paid | - | - | - | - | $396.00M | - |
| Financing Cash Flow | $-305.00M | $-163.00M | $-56.00M | $15.00M | $-403.00M | $-38.00M |
| Net Change in Cash | $-489.00M | $49.00M | $131.00M | $161.00M | $66.00M | $179.00M |
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 | $960.00M | $812.00M | $2.59B | $2.25B |
| Cost of Revenue | $738.00M | $633.00M | $1.99B | $1.75B |
| Gross Profit | $222.00M | $179.00M | $600.00M | $501.00M |
| Operating Income | $93.00M | $75.00M | $222.00M | $173.00M |
| Other Income/Expense | $-2.00M | $-1.00M | $-3.00M | $-3.00M |
| Income Before Tax | $87.00M | $69.00M | $212.00M | $153.00M |
| Income Tax Expense | $15.00M | $12.00M | $36.00M | $29.00M |
| Net Income | $72.00M | $57.00M | $176.00M | $124.00M |
| Basic EPS | 0.27 | 0.22 | 0.66 | 0.47 |
| Diluted EPS | 0.26 | 0.21 | 0.65 | 0.46 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $309.00M | $598.00M |
| Accounts Receivable | $327.00M | $253.00M |
| Inventory | $404.00M | $358.00M |
| Other Current Assets | $40.00M | $55.00M |
| Total Current Assets | $2.17B | $2.16B |
| Goodwill | $1.24B | $1.24B |
| Intangible Assets | $114.00M | $132.00M |
| Other Non-current Assets | $132.00M | $91.00M |
| Total Assets | $4.25B | $4.18B |
| Accounts Payable | $342.00M | $426.00M |
| Short-term Debt | $24.00M | $25.00M |
| Deferred Revenue | $440.00M | $399.00M |
| Other Current Liabilities | $276.00M | $266.00M |
| Total Current Liabilities | $1.08B | $1.12B |
| Long-term Debt | $326.00M | $340.00M |
| Deferred Tax Liabilities | $5.00M | $7.00M |
| Other Non-current Liabilities | $156.00M | $130.00M |
| Common Stock | $3.00M | $3.00M |
| Retained Earnings | $-2.42B | $-2.59B |
| Total Stockholders Equity | $2.65B | $2.56B |
| Total Liabilities & Equity | $4.25B | $4.18B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $72.00M | $57.00M | $176.00M | $124.00M |
| Depreciation & Amortization | - | - | $69.00M | $68.00M |
| Stock-based Compensation | - | - | $19.00M | $16.00M |
| Deferred Income Tax | - | - | - | $1.00M |
| Change in Receivables | - | - | $74.00M | $86.00M |
| Change in Inventory | - | - | $46.00M | $34.00M |
| Change in Payables | - | - | $-80.00M | $-106.00M |
| Operating Cash Flow | - | - | $-59.00M | $-172.00M |
| Capital Expenditure | - | - | $90.00M | $56.00M |
| Investing Cash Flow | - | - | $-105.00M | $-55.00M |
| Stock Issued | - | - | $9.00M | $13.00M |
| Stock Repurchased | - | - | $24.00M | - |
| Financing Cash Flow | - | - | $-125.00M | $-42.00M |
| Net Change in Cash | - | - | $-289.00M | $-269.00M |
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.