$3.60B
Revenue
$592.07M
Net Income
32.43%
Gross Margin
20.51%
Op. Margin
$898.80M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2024 (Mar 31, 2025) |
FY 2023 (Mar 31, 2024) |
FY 2022 (Mar 31, 2023) |
|---|---|---|---|---|
| Total Revenue | $3.60B | $2.96B | $2.50B | $1.90B |
| Revenue Growth % | 21.8% | 18.4% | 31.4% | nan% |
| Cost of Revenue | $2.43B | $1.95B | $1.69B | $1.62B |
| Gross Profit | $1.17B | $1.01B | $813.05M | $286.97M |
| Gross Margin % | 32.4% | 34.1% | 32.5% | 15.1% |
| Research & Development | $101.33M | $79.39M | $42.36M | $21.62M |
| Selling General & Admin | $328.09M | $290.32M | $183.57M | $96.87M |
| Operating Income | $738.99M | $639.11M | $587.12M | $168.49M |
| Operating Margin % | 20.5% | 21.6% | 23.5% | 8.9% |
| Other Income/Expense | $18.50M | $22.00M | $34.70M | $2.43M |
| Income Before Tax | $752.85M | $648.02M | $608.00M | $169.08M |
| Income Tax Expense | $159.76M | $130.77M | $111.78M | $47.75M |
| Net Income | $592.07M | $509.17M | $306.24M | $1.14M |
| Net Margin % | 16.4% | 17.2% | 12.3% | 0.1% |
| Basic EPS | 4.02 | 3.55 | 3.97 | 0.02 |
| Diluted EPS | 3.92 | 3.47 | 3.37 | 0.02 |
| Basic Shares Outstanding | 148.4M | 143.5M | 77.1M | 45.9M |
| Diluted Shares Outstanding | 153.9M | 149.3M | 147.3M | 145.9M |
| Breakdown | FY 2024 (Mar 31, 2025) |
FY 2023 (Mar 31, 2024) |
FY 2022 (Mar 31, 2023) |
|---|---|---|---|
| Cash & Cash Equivalents | $766.10M | $474.05M | $130.01M |
| Accounts Receivable | $472.46M | $382.69M | $271.16M |
| Inventory | $209.43M | $201.74M | $138.06M |
| Other Current Assets | $88.48M | $312.63M | $35.08M |
| Total Current Assets | $2.16B | $1.77B | $872.26M |
| Property Plant & Equipment | $60.40M | $9.24M | $7.25M |
| Goodwill | $371.02M | $265.15M | $265.15M |
| Intangible Assets | $53.24M | $1.55M | $1.32M |
| Total Assets | $3.19B | $2.52B | $1.42B |
| Accounts Payable | $585.30M | $456.64M | $211.35M |
| Accrued Liabilities | $97.00M | $82.41M | $59.77M |
| Deferred Revenue | $247.13M | $225.54M | $176.47M |
| Other Current Liabilities | $104.09M | $123.15M | $47.59M |
| Total Current Liabilities | $1.03B | $891.49M | $507.43M |
| Long-term Debt | - | $143.97M | $147.15M |
| Other Non-current Liabilities | $39.36M | $491.30M | $280.25M |
| Total Liabilities | $1.56B | $1.53B | $934.82M |
| Retained Earnings | $-2.56B | $-3.07B | $-3.08B |
| Total Stockholders Equity | $1.63B | $961.01M | $-3.08B |
| Total Liabilities & Equity | $3.19B | $2.52B | $1.42B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2024 (Mar 31, 2025) |
FY 2023 (Mar 31, 2024) |
FY 2022 (Mar 31, 2023) |
|---|---|---|---|---|
| Net Income | $896.12M | $509.17M | $306.24M | $1.14M |
| Depreciation & Amortization | $45.63M | $13.41M | $4.36M | $4.63M |
| Stock-based Compensation | - | $118.88M | $56.78M | $31.99M |
| Change in Receivables | - | $47.65M | $113.95M | $160.26M |
| Change in Inventory | - | $2.97M | $60.98M | $-25.06M |
| Operating Cash Flow | $978.34M | $655.79M | $428.97M | $107.67M |
| Capital Expenditure | $79.53M | $33.92M | $6.16M | $3.18M |
| Acquisitions | $334.21M | $152.18M | - | - |
| Investing Cash Flow | $-416.49M | $-186.10M | $-6.66M | $-3.16M |
| Debt Repayment | $147.19M | $150.00M | - | $20.00M |
| Stock Issued | - | - | $552.01M | $693.78M |
| Stock Repurchased | - | - | $552.01M | $693.78M |
| Financing Cash Flow | $-246.22M | $-177.65M | $-78.27M | $-3.57M |
| Net Change in Cash | $315.62M | $292.05M | $344.05M | $100.94M |
SEC Filing Format - Data shown as it appears in the Q3 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $909.35M | $679.36M | $2.68B | $2.03B |
| Cost of Revenue | $621.22M | $438.46M | $1.82B | $1.33B |
| Gross Profit | $288.13M | $240.90M | $862.72M | $703.14M |
| Research & Development | $29.29M | $20.09M | $77.74M | $55.81M |
| Selling General & Admin | $82.73M | $70.57M | $241.29M | $203.53M |
| Operating Income | $176.10M | $150.24M | $543.68M | $443.81M |
| Other Income/Expense | $4.73M | $13.78M | $12.80M | $16.29M |
| Income Before Tax | $180.50M | $160.22M | $554.19M | $449.35M |
| Income Tax Expense | $49.26M | $42.84M | $118.91M | $89.92M |
| Net Income | $131.24M | $115.28M | $435.28M | $352.37M |
| Basic EPS | 0.88 | 0.80 | 2.94 | 2.46 |
| Diluted EPS | 0.85 | 0.79 | 2.86 | 2.41 |
| Basic Shares Outstanding | $148.41M | $143.66M | $147.81M | $143.10M |
| Diluted Shares Outstanding | $153.92M | $149.03M | $152.06M | $149.13M |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $952.62M | $766.10M |
| Accounts Receivable | $452.24M | $472.46M |
| Inventory | $275.29M | $209.43M |
| Other Current Assets | $134.94M | $88.48M |
| Total Current Assets | $2.56B | $2.16B |
| Property Plant & Equipment | $84.75M | $60.40M |
| Goodwill | $485.30M | $371.02M |
| Intangible Assets | $80.58M | $53.24M |
| Total Assets | $3.80B | $3.19B |
| Accounts Payable | $560.08M | $585.30M |
| Accrued Liabilities | $106.57M | $97.00M |
| Deferred Revenue | $321.88M | $247.13M |
| Other Current Liabilities | $96.24M | $104.09M |
| Total Current Liabilities | $1.08B | $1.03B |
| Other Non-current Liabilities | $95.67M | $39.36M |
| Total Liabilities | $1.65B | $1.56B |
| Retained Earnings | $-2.12B | $-2.56B |
| Total Stockholders Equity | $2.15B | $1.63B |
| Total Liabilities & Equity | $3.80B | $3.19B |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $131.24M | $115.28M | $435.28M | $352.37M |
| Depreciation & Amortization | - | - | $21.59M | $8.30M |
| Change in Working Capital | - | - | $65.38M | $-50.74M |
| Operating Cash Flow | - | - | $391.48M | $418.47M |
| Capital Expenditure | - | - | $31.46M | $23.84M |
| Acquisitions | - | - | $124.11M | $144.68M |
| Investing Cash Flow | - | - | $-158.32M | $-168.52M |
| Debt Repayment | - | - | - | $2.81M |
| Financing Cash Flow | - | - | $-46.64M | $-30.46M |
| Net Change in Cash | - | - | $186.52M | $219.49M |
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.