$631.10M
Revenue
$34.25M
Net Income
66.53%
Gross Margin
6.04%
Op. Margin
$55.33M
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 | $631.10M | $631.10M | $555.56M | $545.65M | $505.83M | $419.59M |
| Revenue Growth % | 0.0% | 13.6% | 1.8% | 7.9% | 20.6% | nan% |
| Cost of Revenue | $211.26M | $211.26M | $179.94M | $168.68M | $151.38M | $118.37M |
| Gross Profit | $419.84M | $419.84M | $375.62M | $376.96M | $354.46M | $301.22M |
| Gross Margin % | 66.5% | 66.5% | 67.6% | 69.1% | 70.1% | 71.8% |
| Operating Expenses | $381.69M | $381.69M | $373.36M | $342.92M | $316.79M | $290.24M |
| Operating Income | $38.15M | $38.15M | $2.27M | $34.05M | $37.67M | $10.98M |
| Operating Margin % | 6.0% | 6.0% | 0.4% | 6.2% | 7.4% | 2.6% |
| Interest Expense | - | - | - | - | - | - |
| Other Income/Expense | $312.00K | $312.00K | $833.00K | $-13.00K | $-647.00K | $-885.00K |
| Income Before Tax | $47.21M | $47.21M | $14.34M | $40.81M | $38.73M | $9.86M |
| Income Tax Expense | $12.96M | $12.96M | $11.62M | $18.17M | $17.54M | $19.41M |
| Net Income | $34.25M | $34.25M | $2.72M | $22.64M | $21.19M | $-9.56M |
| Net Margin % | 5.4% | 5.4% | 0.5% | 4.1% | 4.2% | -2.3% |
| Basic EPS | 0.20 | 0.21 | 0.02 | 0.13 | 0.13 | -0.06 |
| Diluted EPS | 0.19 | 0.19 | 0.02 | 0.12 | 0.11 | -0.06 |
| Basic Shares Outstanding | - | 163.5M | 169.2M | 168.1M | 165.3M | 159.2M |
| Diluted Shares Outstanding | - | 179.5M | 180.1M | 182.4M | 187.5M | 159.2M |
| 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 | $81.98M | $85.64M | $144.17M | $159.78M | $195.37M |
| Accounts Receivable | $5.35M | $6.64M | - | - | $2.44M |
| Inventory | $127.97M | $115.76M | $119.04M | $177.98M | $86.07M |
| Other Current Assets | $12.20M | $13.27M | $12.46M | $11.88M | $7.40M |
| Total Current Assets | $447.29M | $382.77M | $385.66M | $356.50M | $293.34M |
| Property Plant & Equipment | $33.94M | $35.27M | $24.86M | $11.02M | $7.61M |
| Other Non-current Assets | $1.72M | $2.07M | $1.34M | $1.26M | $560.00K |
| Total Assets | $580.00M | $509.79M | $473.21M | $395.06M | $311.75M |
| Accounts Payable | $18.19M | $9.40M | $14.75M | $20.91M | $14.60M |
| Accrued Liabilities | $20.53M | $42.32M | $7.91M | $26.16M | $24.68M |
| Deferred Revenue | $3.99M | $4.61M | $2.16M | $2.79M | $596.00K |
| Total Current Liabilities | $90.52M | $90.14M | $57.29M | $71.39M | $62.39M |
| Other Non-current Liabilities | $182.00K | $83.00K | $183.00K | $176.00K | $243.00K |
| Total Liabilities | $142.53M | $132.66M | $96.36M | $87.33M | $66.18M |
| Retained Earnings | $98.72M | $64.47M | $61.75M | $39.12M | $17.93M |
| Total Stockholders Equity | $437.46M | $377.13M | $376.85M | $307.74M | $245.57M |
| Total Liabilities & Equity | $580.00M | $509.79M | $473.21M | $395.06M | $311.75M |
| 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 | $34.15M | $34.25M | $2.72M | $22.64M | $21.19M | $-9.56M |
| Depreciation & Amortization | $15.19M | $9.04M | $6.69M | $2.94M | $1.92M | $1.42M |
| Stock-based Compensation | $48.97M | $26.87M | $42.67M | $45.80M | $37.46M | $81.14M |
| Deferred Income Tax | $553.00K | $-544.00K | $6.65M | $-7.32M | $-732.00K | $-3.73M |
| Change in Receivables | $-4.05M | $-2.35M | $1.22M | $603.00K | $4.42M | $-3.34M |
| Change in Inventory | $47.79M | $12.21M | $-3.28M | $-58.94M | $91.91M | $36.33M |
| Change in Payables | $19.60M | $8.76M | $-5.33M | $-6.19M | $6.32M | $2.85M |
| Operating Cash Flow | $67.21M | $61.17M | $81.16M | $100.92M | $-35.33M | $66.44M |
| Capital Expenditure | $11.88M | $8.17M | $17.02M | $16.35M | $5.35M | $2.71M |
| Sales of Investments | $365.45M | $201.40M | $196.58M | $49.30M | - | - |
| Investing Cash Flow | $-95.24M | $-63.96M | $-94.92M | $-117.19M | $-5.85M | $-2.71M |
| Stock Issued | - | - | $250.00K | - | - | - |
| Stock Repurchased | $8.06M | $2.69M | $45.45M | - | - | - |
| Financing Cash Flow | $-6.16M | $-969.00K | $-44.77M | $670.00K | $3.52M | $75.57M |
| Net Change in Cash | $-34.09M | $-3.66M | $-58.53M | $-15.60M | $-37.66M | $139.30M |
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 | $151.66M | - | $429.20M | - |
| Cost of Revenue | $45.59M | - | $136.43M | - |
| Gross Profit | $106.07M | - | $292.77M | - |
| Operating Expenses | $96.43M | - | $273.43M | - |
| Operating Income | $9.63M | - | $19.34M | - |
| Other Income/Expense | $9.00K | - | $5.00K | - |
| Income Before Tax | $11.96M | - | $25.85M | - |
| Income Tax Expense | $3.21M | - | $10.11M | - |
| Net Income | $8.75M | $1.10M | $15.74M | - |
| Basic EPS | 0.05 | - | 0.10 | - |
| Diluted EPS | 0.05 | - | 0.09 | - |
| Basic Shares Outstanding | $163.67M | - | $162.94M | - |
| Diluted Shares Outstanding | $180.88M | - | $175.97M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $46.45M | $85.64M |
| Inventory | $151.23M | $115.76M |
| Other Current Assets | $13.04M | $13.27M |
| Total Current Assets | $418.02M | $382.77M |
| Property Plant & Equipment | $33.56M | $35.27M |
| Other Non-current Assets | $1.63M | $2.07M |
| Total Assets | $544.74M | $509.79M |
| Accounts Payable | $5.34M | $9.40M |
| Accrued Liabilities | $34.19M | $42.32M |
| Deferred Revenue | $8.31M | $4.61M |
| Total Current Liabilities | $86.66M | $90.14M |
| Other Non-current Liabilities | $83.00K | $83.00K |
| Total Liabilities | $131.41M | $132.66M |
| Retained Earnings | $80.22M | $64.47M |
| Total Stockholders Equity | $413.33M | $377.13M |
| Total Liabilities & Equity | $544.74M | $509.79M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $8.75M | $1.10M | $15.74M | - |
| Depreciation & Amortization | - | - | $6.48M | - |
| Stock-based Compensation | - | - | $21.68M | - |
| Deferred Income Tax | - | - | $-1.46M | - |
| Change in Receivables | - | - | $3.52M | - |
| Change in Inventory | - | - | $35.47M | - |
| Change in Payables | - | - | $-4.02M | - |
| Operating Cash Flow | - | - | $242.00K | - |
| Capital Expenditure | - | - | $5.30M | - |
| Sales of Investments | - | - | $153.30M | - |
| Investing Cash Flow | - | - | $-38.06M | - |
| Stock Repurchased | - | - | $2.69M | - |
| Financing Cash Flow | - | - | $-1.37M | - |
| Net Change in Cash | - | - | $-39.19M | - |
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.