$6.05B
Revenue
$3.71M
Net Income
41.25%
Gross Margin
-0.26%
Op. Margin
$573.78M
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) |
|---|---|---|---|---|---|
| Total Revenue | $6.05B | $6.05B | $4.77B | $3.67B | $2.24B |
| Revenue Growth % | 0.0% | 27.0% | 30.1% | 63.6% | nan% |
| Cost of Revenue | $3.56B | $3.56B | $2.95B | $2.29B | $1.48B |
| Gross Profit | $2.50B | $2.50B | $1.82B | $1.37B | $756.19M |
| Gross Margin % | 41.3% | 41.3% | 38.1% | 37.5% | 33.8% |
| Operating Income | $-15.82M | $-15.82M | $-609.00M | $-789.23M | $-1.51B |
| Operating Margin % | -0.3% | -0.3% | -12.8% | -21.5% | -67.5% |
| Interest Expense | $40.44M | $27.88M | $2.96M | $2.68M | $2.65M |
| Interest Income | - | - | $47.26M | $58.42M | $21.35M |
| Other Income/Expense | $38.02M | $38.02M | $-23.51M | $-224.00K | $20.70M |
| Income Before Tax | $7.01M | $7.01M | $-593.16M | $-791.25M | $-1.44B |
| Income Tax Expense | $4.27M | $4.27M | $-86.34M | $10.17M | $-67.87M |
| Net Income | $3.71M | $3.71M | $-507.29M | $-802.14M | $-1.38B |
| Net Margin % | 0.1% | 0.1% | -10.6% | -21.9% | -61.5% |
| Basic EPS | 0.01 | 0.01 | -1.05 | -1.73 | -3.16 |
| Diluted EPS | -0.03 | -0.01 | -1.05 | -1.73 | -3.16 |
| Basic Shares Outstanding | - | 495.6M | 482.0M | 462.6M | - |
| Diluted Shares Outstanding | - | 495.9M | 482.0M | 462.6M | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $1.13B | $788.29M | $1.27B | $1.31B |
| Accounts Receivable | $105.58M | $57.84M | $47.54M | $51.10M |
| Other Current Assets | $104.84M | $83.19M | $98.56M | $94.84M |
| Total Current Assets | $1.82B | $1.53B | $2.07B | $2.08B |
| Property Plant & Equipment | $51.08M | $50.55M | $60.70M | $60.10M |
| Goodwill | $1.60B | $1.56B | $886.37M | $886.37M |
| Intangible Assets | $889.20M | $933.12M | $690.62M | $776.93M |
| Total Assets | $4.53B | $4.28B | $3.94B | $4.04B |
| Accounts Payable | $67.86M | $53.66M | - | - |
| Deferred Revenue | $174.75M | $166.46M | $174.21M | $133.85M |
| Other Current Liabilities | $25.23M | $3.30M | $46.62M | $38.44M |
| Total Current Liabilities | $1.76B | $1.65B | $1.55B | $1.25B |
| Deferred Tax Liabilities | $91.62M | $76.38M | $72.81M | $69.86M |
| Other Non-current Liabilities | $172.20M | $195.61M | $83.97M | $70.03M |
| Total Liabilities | $3.90B | $3.27B | $3.10B | $2.72B |
| Retained Earnings | $-6.44B | $-6.44B | $-5.93B | $-5.13B |
| Treasury Stock | - | - | - | $332.13M |
| Total Stockholders Equity | $631.46M | $1.01B | $840.31M | $1.32B |
| Total Liabilities & Equity | $4.53B | $4.28B | $3.94B | $4.04B |
| 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) |
|---|---|---|---|---|---|
| Net Income | $3.71M | $3.71M | $-507.29M | $-802.14M | $-1.38B |
| Stock-based Compensation | $581.70M | $339.31M | $381.37M | $398.46M | $578.80M |
| Deferred Income Tax | $-17.30M | $-18.23M | $-92.73M | $5.85M | $-73.41M |
| Change in Receivables | $77.54M | $57.70M | $10.12M | $-3.56M | $-2.51M |
| Operating Cash Flow | $598.74M | $662.86M | $417.77M | $-1.75M | $-625.52M |
| Capital Expenditure | $24.96M | $15.35M | $10.18M | $20.90M | $32.40M |
| Acquisitions | - | $16.38M | $441.49M | - | $96.51M |
| Investing Cash Flow | $-279.29M | $-166.00M | $-566.60M | $-90.36M | $-208.77M |
| Debt Repayment | - | $4.50M | - | - | - |
| Stock Issued | - | - | - | - | - |
| Stock Repurchased | $956.55M | $571.53M | $48.07M | $80.05M | $25.52M |
| Financing Cash Flow | $403.50M | $-222.46M | $-144.47M | $-63.22M | $-16.73M |
| Net Change in Cash | $722.95M | $274.40M | $-293.30M | $-155.33M | $-851.02M |
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 | $1.14B | - | $4.07B | - |
| Cost of Revenue | $784.08M | - | $2.48B | - |
| Operating Income | $-271.89M | - | $-167.58M | - |
| Interest Expense | - | - | $18.63M | - |
| Other Income/Expense | $16.72M | - | $41.20M | - |
| Income Before Tax | $-270.51M | - | $-140.01M | - |
| Income Tax Expense | $-12.06M | - | $-5.88M | - |
| Net Income | $-256.79M | $63.82M | $-132.72M | - |
| Basic EPS | -0.52 | - | -0.27 | - |
| Diluted EPS | -0.52 | - | -0.27 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.23B | $788.29M |
| Accounts Receivable | $65.56M | $57.84M |
| Other Current Assets | $115.37M | $83.19M |
| Total Current Assets | $1.95B | $1.53B |
| Property Plant & Equipment | $52.09M | $50.55M |
| Goodwill | $1.56B | $1.56B |
| Intangible Assets | $861.04M | $933.12M |
| Total Assets | $4.62B | $4.28B |
| Other Current Liabilities | $31.13M | $3.30M |
| Total Current Liabilities | $1.78B | $1.65B |
| Deferred Tax Liabilities | $88.04M | $76.38M |
| Other Non-current Liabilities | $125.08M | $195.61M |
| Total Liabilities | $3.89B | $3.27B |
| Retained Earnings | $-6.57B | $-6.44B |
| Total Stockholders Equity | $732.29M | $1.01B |
| Total Liabilities & Equity | $4.62B | $4.28B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-256.79M | $63.82M | $-132.72M | - |
| Stock-based Compensation | - | - | $236.02M | - |
| Deferred Income Tax | - | - | $-3.52M | - |
| Change in Receivables | - | - | $17.67M | - |
| Operating Cash Flow | - | - | $342.38M | - |
| Capital Expenditure | - | - | $11.40M | - |
| Acquisitions | - | - | - | - |
| Investing Cash Flow | - | - | $-116.11M | - |
| Debt Repayment | - | - | $3.00M | - |
| Stock Repurchased | - | - | $313.95M | - |
| Financing Cash Flow | - | - | $151.72M | - |
| Net Change in Cash | - | - | $377.99M | - |
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.