$452.70M
Revenue
$118.56M
Net Income
57.31%
Gross Margin
18.08%
Op. Margin
$209.41M
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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $452.70M | $452.70M | $359.06M | $405.06M | $399.08M | $359.36M | $296.58M | $262.98M | $291.22M | $227.83M | $200.28M | $220.19M | $225.73M | $199.16M | $218.51M | $252.97M |
| Revenue Growth % | 0.0% | 26.1% | -11.4% | 1.5% | 11.1% | 21.2% | 12.8% | -9.7% | 27.8% | 13.8% | -9.0% | -2.5% | 13.3% | -8.9% | -13.6% | nan% |
| Cost of Revenue | $193.27M | $193.27M | $175.06M | $200.13M | $218.52M | $181.16M | $165.13M | $140.01M | $152.25M | $126.17M | $109.07M | $120.68M | $128.61M | $117.68M | $126.86M | $146.27M |
| Gross Profit | $259.43M | $259.43M | $184.00M | $204.93M | $180.56M | $178.20M | $131.45M | $122.97M | $138.97M | $101.66M | $91.21M | $99.52M | $97.12M | $81.48M | $91.65M | $106.69M |
| Gross Margin % | 57.3% | 57.3% | 51.2% | 50.6% | 45.2% | 49.6% | 44.3% | 46.8% | 47.7% | 44.6% | 45.5% | 45.2% | 43.0% | 40.9% | 41.9% | 42.2% |
| Operating Expenses | $177.60M | $177.60M | $185.31M | $153.57M | $153.36M | $122.60M | $114.08M | $109.14M | $106.91M | $103.02M | $97.52M | $99.78M | $111.88M | $101.95M | $94.44M | $93.01M |
| Research & Development | $78.57M | $78.57M | $68.92M | $67.86M | $60.59M | $53.11M | $50.92M | $46.59M | $44.29M | $44.92M | $41.85M | $41.47M | $41.48M | $39.85M | $38.74M | $38.97M |
| Selling General & Admin | $99.03M | $99.03M | $96.89M | $85.71M | $86.26M | $69.48M | $63.16M | $62.56M | $62.22M | $58.09M | $55.67M | $58.31M | $68.20M | $60.74M | $55.66M | $54.04M |
| Operating Income | $81.83M | $81.83M | $-1.31M | $51.36M | $27.20M | $55.60M | $17.37M | $13.82M | $32.06M | $-1.36M | $-6.31M | $-267.00K | $-14.76M | $-20.47M | $-2.79M | $13.69M |
| Operating Margin % | 18.1% | 18.1% | -0.4% | 12.7% | 6.8% | 15.5% | 5.9% | 5.3% | 11.0% | -0.6% | -3.2% | -0.1% | -6.5% | -10.3% | -1.3% | 5.4% |
| Other Income/Expense | $12.74M | $12.74M | $11.80M | $8.89M | $1.48M | $1.20M | $1.09M | $1.06M | $867.00K | $1.25M | $271.00K | $13.00K | $-43.00K | $80.00K | $203.00K | $44.00K |
| Income Before Tax | $94.57M | $94.57M | $10.49M | $60.24M | $28.69M | $56.80M | $18.46M | $14.89M | $32.93M | $-98.00K | $-6.03M | $-242.00K | $-14.49M | $-20.46M | $-2.59M | $14.03M |
| Income Tax Expense | $-24.02M | $-24.02M | $4.35M | $6.64M | $3.26M | $176.00K | $539.00K | $778.00K | $1.09M | $-356.00K | $231.00K | $-401.00K | $-425.00K | $3.04M | $1.21M | $4.72M |
| Net Income | $118.56M | $118.56M | $6.13M | $53.59M | $25.45M | $56.62M | $17.91M | $14.10M | $31.73M | $167.00K | $-6.25M | $4.93M | $-13.89M | $-23.64M | $-4.08M | $8.84M |
| Net Margin % | 26.2% | 26.2% | 1.7% | 13.2% | 6.4% | 15.8% | 6.0% | 5.4% | 10.9% | 0.1% | -3.1% | 2.2% | -6.2% | -11.9% | -1.9% | 3.5% |
| Basic EPS | 2.64 | 2.63 | 0.14 | 1.21 | 0.58 | 1.30 | 0.42 | 0.35 | 0.80 | 0.00 | -0.16 | 0.13 | -0.36 | -0.60 | -0.10 | 0.21 |
| Diluted EPS | 2.62 | 2.61 | 0.14 | 1.19 | 0.57 | 1.26 | 0.41 | 0.34 | 0.78 | 0.00 | -0.16 | 0.13 | -0.36 | -0.60 | -0.10 | 0.21 |
| Basic Shares Outstanding | - | 45.0M | 44.9M | 44.3M | 44.0M | 43.7M | 42.2M | 40.3M | 39.9M | 39.2M | 38.8M | 38.8M | 38.6M | 39.2M | 41.8M | 41.8M |
| Diluted Shares Outstanding | - | 45.5M | 45.2M | 45.0M | 44.9M | 45.0M | 43.9M | 41.7M | 40.7M | 39.9M | 38.8M | 39.1M | 38.6M | 39.2M | 41.8M | 41.9M |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $402.81M | $277.27M | $242.22M | $190.61M | $182.42M | $161.74M | $84.67M | $70.56M | $44.23M | $56.17M | $62.98M | $55.19M | $56.34M | $84.55M | $71.91M |
| Short-term Investments | - | - | - | - | $45.22M | $50.17M | - | - | - | - | - | $270.00K | $463.00K | - | - |
| Accounts Receivable | $60.72M | $52.95M | $52.63M | $65.43M | $55.10M | $41.00M | $38.12M | $43.67M | $34.49M | $25.22M | $25.98M | $28.43M | $27.68M | $27.16M | $31.41M |
| Inventory | $91.34M | $106.03M | $106.58M | $101.41M | $67.32M | $57.27M | $49.19M | $47.37M | $36.50M | $27.14M | $23.44M | $26.33M | $29.70M | $29.95M | $35.75M |
| Other Current Assets | $32.50M | $26.78M | $18.94M | $5.15M | $6.71M | $6.76M | $7.10M | $3.46M | $3.62M | $3.25M | $3.10M | $3.15M | $4.21M | $2.61M | $3.09M |
| Total Current Assets | $587.36M | $463.03M | $420.37M | $362.60M | $356.76M | $316.93M | $179.07M | $165.06M | $118.83M | $111.77M | $115.51M | $113.48M | $118.52M | $146.06M | $144.33M |
| Property Plant & Equipment | $147.69M | $152.71M | $157.69M | $166.01M | $115.97M | $74.84M | $56.95M | $50.43M | $41.36M | $37.57M | $37.45M | $37.39M | $40.09M | $44.09M | $47.24M |
| Long-term Investments | $2.46M | $2.64M | $2.53M | $2.62M | $2.64M | $2.52M | $2.51M | $2.53M | $2.52M | $2.51M | $2.87M | $3.00M | $5.19M | $6.74M | $9.59M |
| Other Non-current Assets | $20.85M | $22.48M | $14.01M | $5.39M | $1.62M | $1.72M | $1.99M | $2.79M | $2.80M | $2.17M | $1.71M | $1.68M | $1.84M | $2.17M | $4.44M |
| Total Assets | $785.83M | $641.12M | $594.89M | $536.90M | $477.20M | $396.24M | $240.73M | $221.07M | $165.72M | $154.07M | $157.54M | $155.54M | $165.64M | $202.58M | $208.14M |
| Accounts Payable | $12.29M | $8.74M | $12.10M | $22.21M | $21.19M | $14.12M | $9.01M | $16.15M | $9.06M | $7.59M | $7.47M | $7.93M | $8.68M | $6.81M | $8.15M |
| Accrued Liabilities | $3.69M | $6.59M | $5.09M | $8.61M | $4.16M | $2.62M | $2.69M | $2.63M | $2.99M | $2.18M | $2.57M | $3.18M | $2.84M | $2.23M | $2.85M |
| Deferred Revenue | $3.43M | $5.31M | $3.16M | $13.20M | $7.91M | $7.31M | $5.51M | $5.07M | $5.79M | $3.40M | $1.99M | $1.44M | $1.02M | $784.00K | $1.19M |
| Total Current Liabilities | $65.32M | $61.82M | $44.17M | $64.55M | $49.09M | $40.51M | $29.93M | $36.00M | $28.04M | $22.23M | $20.60M | $23.16M | $20.66M | $17.57M | $19.95M |
| Other Non-current Liabilities | - | - | - | - | - | - | - | $102.00K | $93.00K | - | - | - | - | - | - |
| Total Liabilities | $74.02M | $70.83M | $53.78M | $72.56M | $53.30M | $45.08M | $34.86M | $36.98M | $29.30M | $23.05M | $21.46M | $24.99M | $23.30M | $20.61M | - |
| Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | $392.00K | $390.00K | $387.00K |
| Retained Earnings | $421.36M | $302.80M | $296.67M | $243.08M | $217.63M | $161.01M | $143.10M | $129.00M | $93.61M | $93.44M | $99.69M | $94.76M | $108.64M | $132.28M | $136.36M |
| Treasury Stock | $170.94M | $139.42M | $138.93M | $138.93M | $138.93M | $138.93M | $138.93M | $138.93M | $138.93M | $138.93M | $138.93M | $138.93M | $138.93M | $121.83M | $121.83M |
| Total Stockholders Equity | $711.56M | $570.07M | $540.87M | $464.09M | $423.60M | $350.82M | $205.56M | $183.66M | $136.11M | $130.81M | $135.03M | $127.77M | $139.18M | $178.35M | $180.94M |
| Total Liabilities & Equity | $785.83M | $641.12M | $594.89M | $536.90M | $477.20M | $396.24M | $240.73M | $221.07M | $165.72M | $154.07M | $157.54M | $155.54M | $165.64M | $202.58M | $208.14M |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $121.09M | $118.56M | $6.13M | $53.59M | $25.45M | $56.62M | $17.91M | $14.10M | $31.73M | $167.00K | $-6.25M | $4.93M | $-13.89M | $-23.64M | $-4.08M | $8.84M |
| Depreciation & Amortization | $36.35M | $20.79M | $18.63M | $17.24M | $13.78M | $11.71M | $11.06M | $10.33M | $9.25M | $8.89M | $8.44M | $9.14M | $9.80M | $10.01M | $10.42M | $11.01M |
| Stock-based Compensation | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.45M | $1.24M | $1.92M |
| Deferred Income Tax | - | $-27.20M | $6.00K | $-34.00K | - | - | - | - | - | - | - | - | $18.00K | $4.49M | $-369.00K | $148.00K |
| Change in Working Capital | - | - | $9.98M | $11.24M | $33.35M | $20.43M | $54.00K | $6.58M | $8.25M | $13.09M | $1.44M | $-1.50M | $-5.68M | $-2.11M | $-7.86M | $-4.13M |
| Change in Receivables | - | $7.76M | $483.00K | $-12.64M | $10.59M | $14.30M | $2.82M | $-5.71M | $8.83M | $9.21M | $-780.00K | $-2.20M | $1.15M | $821.00K | $-4.05M | $7.55M |
| Change in Inventory | - | $-14.71M | $-457.00K | $5.24M | $34.20M | $10.13M | $8.05M | $1.81M | $10.83M | $9.31M | $3.68M | $-1.88M | $-3.20M | $-33.00K | $-5.59M | $-162.00K |
| Operating Cash Flow | $245.03M | $139.55M | $50.84M | $74.53M | $22.94M | $54.44M | $34.55M | $22.21M | $36.17M | $-2.46M | $544.00K | - | - | $-4.69M | $17.24M | $26.41M |
| Capital Expenditure | $35.62M | $20.32M | $23.60M | $33.45M | $63.97M | $47.76M | $28.65M | $12.48M | $18.21M | $12.54M | $8.43M | $9.09M | $7.13M | $6.18M | $7.40M | $7.47M |
| Purchases of Investments | - | - | - | - | - | - | - | - | - | - | - | - | $340.00K | - | $270.00K | $1.10M |
| Investing Cash Flow | $-35.62M | $-20.32M | $-23.60M | $-33.45M | $-18.97M | $-43.66M | $-78.62M | $-12.48M | $-18.24M | $-12.53M | $-8.52M | - | - | $-5.08M | $-4.08M | $2.53M |
| Stock Issued | - | - | - | - | - | - | - | $4.74M | $8.66M | $3.30M | $1.58M | $820.00K | $788.00K | $27.00K | $9.00K | $452.00K |
| Stock Repurchased | - | $35.17M | $497.00K | - | - | - | - | - | - | - | - | - | - | $17.10M | - | - |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.27M |
| Financing Cash Flow | $-3.98M | $6.32M | $7.99M | $10.60M | $4.44M | $10.09M | $121.04M | $4.37M | $8.39M | $3.08M | $1.11M | - | - | $-18.05M | $-264.00K | $-6.38M |
| Net Change in Cash | $205.63M | $125.53M | $35.05M | $51.61M | $8.19M | $20.68M | $77.07M | $14.11M | $26.33M | $-11.94M | $-6.81M | $7.79M | $-1.15M | $-28.21M | $12.65M | $22.63M |
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 | $110.42M | $93.17M | $345.44M | $262.89M |
| Cost of Revenue | $46.91M | $47.42M | $145.43M | $129.25M |
| Gross Profit | $63.51M | $45.74M | $200.01M | $133.64M |
| Operating Expenses | $42.61M | $40.36M | $133.86M | $144.15M |
| Research & Development | $19.86M | $16.96M | $58.03M | $51.94M |
| Selling General & Admin | $22.75M | $23.40M | $75.84M | $72.72M |
| Operating Income | $20.91M | $5.39M | $66.14M | $-10.52M |
| Other Income/Expense | $2.41M | $3.71M | $9.20M | $9.24M |
| Income Before Tax | $23.31M | $9.10M | $75.34M | $-1.27M |
| Income Tax Expense | $-4.99M | $-2.46M | $3.28M | $2.83M |
| Net Income | $28.29M | $11.55M | $72.02M | $-4.12M |
| Basic EPS | 0.63 | 0.26 | 1.60 | -0.09 |
| Diluted EPS | 0.63 | 0.26 | 1.59 | -0.09 |
| Basic Shares Outstanding | $44.73M | $45.12M | $44.99M | $44.83M |
| Diluted Shares Outstanding | $44.93M | $45.17M | $45.17M | $44.83M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $362.38M | $277.27M |
| Accounts Receivable | $53.25M | $52.95M |
| Inventory | $92.29M | $106.03M |
| Other Current Assets | $25.98M | $26.78M |
| Total Current Assets | $533.91M | $463.03M |
| Property Plant & Equipment | $152.53M | $152.71M |
| Long-term Investments | $2.41M | $2.64M |
| Other Non-current Assets | $21.13M | $22.48M |
| Total Assets | $710.25M | $641.12M |
| Accounts Payable | $15.39M | $8.74M |
| Accrued Liabilities | $5.44M | $6.59M |
| Deferred Revenue | $4.20M | $5.31M |
| Total Current Liabilities | $70.69M | $61.82M |
| Total Liabilities | $79.89M | $70.83M |
| Retained Earnings | $374.83M | $302.80M |
| Treasury Stock | $172.73M | $139.42M |
| Total Stockholders Equity | $630.08M | $570.07M |
| Total Liabilities & Equity | $710.25M | $641.12M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $28.29M | $11.55M | $72.02M | $-4.12M |
| Depreciation & Amortization | - | - | $15.62M | $14.02M |
| Operating Cash Flow | - | - | $123.84M | $40.73M |
| Capital Expenditure | - | - | $14.78M | $21.87M |
| Investing Cash Flow | - | - | $-14.78M | $-21.87M |
| Stock Repurchased | - | - | $32.98M | $497.00K |
| Financing Cash Flow | - | - | $-24.04M | $6.55M |
| Net Change in Cash | - | - | $85.11M | $25.39M |
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.