$2.06B
Revenue
$657.79M
Net Income
82.86%
Gross Margin
47.48%
Op. Margin
$1.21B
Free Cash Flow
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $511.96M | $515.75M | $536.41M | $498.74M | $439.97M | $453.81M | $447.85M |
| Revenue Growth % (YoY) | 16.4% | 13.6% | 19.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $87.26M | $91.18M | $87.57M | $87.63M | $87.34M | $89.57M | $88.22M |
| Gross Profit | $424.70M | $424.57M | $448.84M | $411.11M | $352.62M | $364.24M | $359.62M |
| Gross Margin % | 83.0% | 82.3% | 83.7% | 82.4% | 80.1% | 80.3% | 80.3% |
| Operating Expenses | $277.91M | $278.60M | $273.90M | $253.09M | $260.44M | $256.63M | $257.60M |
| Research & Development | $49.91M | $50.95M | $47.21M | $45.04M | $45.15M | $44.21M | $44.22M |
| Selling General & Admin | $140.74M | $125.54M | $139.11M | $120.42M | $127.95M | $122.76M | $124.88M |
| Operating Income | $234.05M | $237.16M | $262.52M | $245.65M | $179.53M | $197.18M | $190.25M |
| Operating Margin % | 45.7% | 46.0% | 48.9% | 49.3% | 40.8% | 43.4% | 42.5% |
| Interest Expense | $78.81M | $2.45M | $101.11M | $31.38M | $29.49M | $28.52M | $26.87M |
| Other Income/Expense | $-112.00K | $5.18M | $7.37M | $-1.25M | $89.00K | $2.72M | $3.94M |
| Income Before Tax | $191.93M | $202.46M | $236.99M | $213.02M | $150.13M | $171.38M | $167.32M |
| Income Tax Expense | $33.56M | $47.45M | $55.20M | $50.40M | $-2.40M | $35.69M | $41.06M |
| Net Income | $158.37M | $155.01M | $181.79M | $162.62M | $152.53M | $135.69M | $126.26M |
| Net Margin % | 30.9% | 30.1% | 33.9% | 32.6% | 34.7% | 29.9% | 28.2% |
| Basic EPS | 6.68 | 6.49 | 7.49 | 6.67 | 6.26 | 5.54 | 5.12 |
| Diluted EPS | 6.61 | 6.42 | 7.40 | 6.59 | 6.14 | 5.44 | 5.05 |
| Basic Shares Outstanding | 23.7M | -111K | 24.3M | 24.4M | 24.4M | -67K | 24.6M |
| Diluted Shares Outstanding | 24.0M | -135K | 24.6M | 24.7M | 24.8M | -50K | 25.0M |
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $162.03M | $134.14M | $189.05M | $146.64M | $184.25M | $150.67M | $156.04M |
| Accounts Receivable | $495.12M | $529.15M | $454.11M | $492.54M | $350.92M | $426.64M | $437.64M |
| Other Current Assets | $41.66M | $41.88M | $66.69M | $85.73M | $60.66M | $40.10M | $37.45M |
| Total Current Assets | $698.81M | $705.16M | $709.84M | $724.91M | $595.84M | $617.41M | $631.13M |
| Property Plant & Equipment | $73.71M | - | - | - | - | $38.47M | - |
| Goodwill | $783.52M | $783.34M | $785.45M | $779.28M | $775.55M | $782.75M | $776.71M |
| Intangible Assets | - | - | - | - | - | - | $92.00K |
| Long-term Investments | $55.87M | $54.62M | $50.73M | $45.40M | $45.92M | $45.29M | $42.78M |
| Other Non-current Assets | $106.55M | $112.52M | $121.78M | $108.37M | $124.48M | $117.87M | $118.41M |
| Total Assets | $1.85B | $1.87B | $1.86B | $1.84B | $1.71B | $1.72B | $1.71B |
| Accounts Payable | $26.57M | $32.31M | $29.34M | $24.06M | $23.19M | $22.47M | $22.49M |
| Short-term Debt | - | - | - | $15.00M | $15.00M | $15.00M | $15.00M |
| Accrued Liabilities | $75.58M | $114.62M | $74.31M | $55.89M | $50.66M | $79.81M | $57.74M |
| Deferred Revenue | $173.37M | $187.37M | $171.71M | $171.78M | $165.36M | $156.90M | $149.26M |
| Total Current Liabilities | $752.06M | $849.22M | $770.61M | $343.24M | $331.32M | $380.29M | $337.22M |
| Long-term Debt | $3.20B | $2.66B | $2.38B | $2.51B | $2.41B | $2.19B | $2.10B |
| Other Non-current Liabilities | $95.25M | $89.36M | $87.53M | $82.57M | $86.47M | $84.29M | $77.56M |
| Total Liabilities | $3.66B | $3.61B | $3.26B | $2.96B | $2.84B | $2.68B | $2.54B |
| Retained Earnings | $4.71B | $4.55B | $4.40B | $4.22B | $4.05B | $3.90B | $3.77B |
| Treasury Stock | $7.69B | $7.54B | $7.00B | $6.49B | $6.29B | $6.14B | $5.81B |
| Total Stockholders Equity | $-1.81B | $-1.75B | $-1.40B | $-1.12B | $-1.14B | $-962.68M | $-829.31M |
| Total Liabilities & Equity | $1.85B | $1.87B | $1.86B | $1.84B | $1.71B | $1.72B | $1.71B |
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Net Income | $158.37M | $155.01M | $496.93M | $162.62M | $152.53M | $135.69M | $126.26M |
| Depreciation & Amortization | $4.02M | $4.02M | $10.93M | $6.95M | $3.54M | $3.81M | $10.01M |
| Stock-based Compensation | $44.27M | $32.38M | $124.29M | $41.70M | $40.65M | $39.98M | $42.44M |
| Deferred Income Tax | $7.87M | $-13.06M | $-19.43M | $-12.78M | $-5.95M | $-8.32M | $-19.01M |
| Change in Receivables | $-39.79M | $67.59M | $32.78M | $66.72M | $-57.37M | $-13.54M | $47.68M |
| Change in Payables | $-5.75M | $5.57M | $4.28M | $1.80M | $841.00K | $-116.00K | $3.43M |
| Operating Cash Flow | $174.08M | $223.67M | $555.14M | $268.92M | $194.00M | $226.48M | $406.49M |
| Capital Expenditure | $226.00K | $4.17M | $4.75M | $2.96M | $841.00K | $1.75M | $7.13M |
| Purchases of Investments | $4.98M | $832.00K | $5.66M | $4.78M | $2.15M | $511.00K | $17.86M |
| Investing Cash Flow | $-12.73M | $-13.33M | $-30.39M | $-19.88M | $-8.94M | $-7.56M | $-20.43M |
| Stock Repurchased | $171.17M | $547.98M | $866.52M | $379.74M | $162.58M | $323.53M | $498.17M |
| Financing Cash Flow | $-133.48M | $-263.54M | $-486.79M | $-247.72M | $-144.22M | $-227.94M | $-364.98M |
| Net Change in Cash | $27.90M | $-54.91M | $38.38M | $-4.03M | $33.59M | $-5.38M | $19.27M |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $511.96M | $439.97M |
| Cost of Revenue | $87.26M | $87.34M |
| Operating Expenses | $277.91M | $260.44M |
| Research & Development | $49.91M | $45.15M |
| Selling General & Admin | $140.74M | $127.95M |
| Operating Income | $234.05M | $179.53M |
| Interest Expense | $78.81M | $43.71M |
| Other Income/Expense | $-112.00K | $89.00K |
| Income Before Tax | $191.93M | $150.13M |
| Income Tax Expense | $33.56M | $-2.40M |
| Net Income | $158.37M | $152.53M |
| Basic EPS | 6.68 | 6.26 |
| Diluted EPS | 6.61 | 6.14 |
| Basic Shares Outstanding | $23.72M | $24.38M |
| Diluted Shares Outstanding | $23.96M | $24.83M |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Sep 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $162.03M | $134.14M |
| Accounts Receivable | $495.12M | $529.15M |
| Other Current Assets | $41.66M | $41.88M |
| Total Current Assets | $698.81M | $705.16M |
| Property Plant & Equipment | $73.71M | $67.71M |
| Goodwill | $783.52M | $783.34M |
| Long-term Investments | $55.87M | $54.62M |
| Other Non-current Assets | $106.55M | $112.52M |
| Total Assets | $1.85B | $1.87B |
| Accounts Payable | $26.57M | $32.31M |
| Accrued Liabilities | $75.58M | $114.62M |
| Deferred Revenue | $173.37M | $187.37M |
| Total Current Liabilities | $752.06M | $849.22M |
| Long-term Debt | $3.20B | $3.06B |
| Other Non-current Liabilities | $95.25M | $89.36M |
| Total Liabilities | $3.66B | $3.61B |
| Retained Earnings | $4.71B | $4.55B |
| Treasury Stock | $7.69B | $7.54B |
| Total Stockholders Equity | $-1.81B | $-1.75B |
| Total Liabilities & Equity | $1.85B | $1.87B |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $158.37M | $152.53M |
| Depreciation & Amortization | $4.02M | $3.54M |
| Stock-based Compensation | $44.27M | $40.65M |
| Deferred Income Tax | $7.87M | $-5.95M |
| Change in Receivables | $-39.79M | $-57.37M |
| Change in Payables | $-5.75M | $841.00K |
| Operating Cash Flow | $174.08M | $194.00M |
| Capital Expenditure | $226.00K | $841.00K |
| Purchases of Investments | $4.98M | $2.15M |
| Investing Cash Flow | $-12.73M | $-8.94M |
| Stock Repurchased | $171.17M | $162.58M |
| Financing Cash Flow | $-133.48M | $-144.22M |
| Net Change in Cash | $27.90M | $33.59M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.