$1.84B
Revenue
$7.87M
Net Income
33.77%
Gross Margin
3.47%
Op. Margin
$97.12M
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 | $1.84B | $1.84B | $1.56B | $1.26B | $1.09B | $889.21M |
| Revenue Growth % | 0.0% | 18.0% | 23.1% | 16.5% | 22.0% | nan% |
| Cost of Revenue | $1.22B | $1.22B | $1.03B | $832.04M | $723.12M | $582.40M |
| Gross Profit | $620.24M | $620.24M | $529.95M | $432.50M | $361.97M | $306.81M |
| Gross Margin % | 33.8% | 33.8% | 34.0% | 34.2% | 33.4% | 34.5% |
| Operating Expenses | $1.77B | $1.77B | $1.48B | $1.18B | $989.70M | $811.55M |
| Operating Income | $63.67M | $63.67M | $72.76M | $80.43M | $95.39M | $77.66M |
| Operating Margin % | 3.5% | 3.5% | 4.7% | 6.4% | 8.8% | 8.7% |
| Interest Expense | $100.63M | $58.97M | $61.22M | $47.58M | $23.72M | $21.23M |
| Other Income/Expense | $1.98M | $1.98M | $1.67M | $1.65M | $2.58M | $1.31M |
| Income Before Tax | $13.05M | $13.05M | $21.05M | $37.05M | $74.97M | $58.05M |
| Income Tax Expense | $5.18M | $5.18M | $7.51M | $11.65M | $21.89M | $16.95M |
| Net Income | $7.87M | $7.87M | $13.54M | $25.40M | $53.08M | $41.10M |
| Net Margin % | 0.4% | 0.4% | 0.9% | 2.0% | 4.9% | 4.6% |
| Basic EPS | nan | 0.12 | 0.23 | 0.46 | 1.03 | 0.80 |
| Diluted EPS | nan | 0.12 | 0.23 | 0.46 | 1.03 | 0.80 |
| Basic Shares Outstanding | 12K | 63.5M | 59.6M | 55.2M | 51.6M | 51.3M |
| Diluted Shares Outstanding | 15K | 63.6M | 59.7M | 55.3M | 51.8M | 51.5M |
| 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 | $123.77M | $358.30M | $220.91M | $71.15M | $33.81M |
| Accounts Receivable | $178.07M | $165.92M | $157.32M | $100.89M | $86.98M |
| Other Current Assets | $37.51M | $10.21M | $9.92M | $6.79M | $3.20M |
| Total Current Assets | $369.28M | $613.30M | $426.32M | $207.48M | $146.48M |
| Goodwill | $1.12B | $1.00B | $735.67M | $274.46M | $232.86M |
| Intangible Assets | $290.86M | $313.47M | $241.43M | $91.78M | $93.72M |
| Other Non-current Assets | $21.24M | $24.70M | $26.25M | $27.11M | $14.77M |
| Total Assets | $3.30B | $3.23B | $2.54B | $1.45B | $1.28B |
| Accounts Payable | $102.47M | $111.09M | $116.79M | $74.20M | $63.09M |
| Deferred Revenue | $45.15M | $50.69M | $31.47M | $3.74M | $3.40M |
| Total Current Liabilities | $293.90M | $307.32M | $278.86M | $177.60M | $152.19M |
| Long-term Debt | $1.13B | $1.09B | $1.01B | $585.01M | $542.50M |
| Deferred Tax Liabilities | $18.96M | $19.09M | $627.00K | $437.00K | $868.00K |
| Other Non-current Liabilities | $35.15M | $28.74M | $37.33M | $28.28M | $30.18M |
| Retained Earnings | $-125.11M | $-132.99M | $-146.52M | $-171.92M | $-225.00M |
| Total Stockholders Equity | $1.57B | $1.55B | $1.02B | $497.90M | $422.46M |
| Total Liabilities & Equity | $3.30B | $3.23B | $2.54B | $1.45B | $1.28B |
| 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 | $7.87M | $7.87M | $13.54M | $25.40M | $53.08M | $41.10M |
| Depreciation & Amortization | $378.33M | $306.83M | $234.91M | $170.71M | $126.35M | $103.59M |
| Stock-based Compensation | $26.91M | $14.22M | $12.19M | $9.08M | $8.15M | $11.55M |
| Deferred Income Tax | $-214.00K | $3.26M | $6.89M | $7.39M | $16.53M | $15.07M |
| Change in Receivables | $2.72M | $3.60M | $-1.25M | $39.44M | $7.10M | $7.42M |
| Change in Payables | $-10.85M | $-8.56M | $-13.63M | $41.59M | $11.07M | $13.89M |
| Operating Cash Flow | $519.55M | $329.78M | $281.36M | $233.09M | $217.31M | $182.74M |
| Capital Expenditure | $422.42M | $245.07M | $203.23M | $154.91M | $130.96M | $123.30M |
| Acquisitions | $502.79M | $224.21M | $468.63M | $851.84M | $78.20M | $170.65M |
| Investing Cash Flow | $-924.36M | $-469.15M | $-670.61M | $-1.01B | $-206.92M | $-293.15M |
| Stock Issued | - | - | $496.25M | $496.23M | - | - |
| Financing Cash Flow | $-40.57M | $-27.07M | $551.64M | $922.30M | $26.95M | $-10.12M |
| Net Change in Cash | $-445.38M | $-166.44M | $162.39M | $149.76M | $37.34M | $-120.53M |
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 | $485.35M | - | $1.37B | - |
| Cost of Revenue | $315.26M | - | $903.78M | - |
| Operating Expenses | $455.98M | - | $1.32B | - |
| Operating Income | $29.37M | - | $51.78M | - |
| Interest Expense | $15.95M | - | $42.84M | - |
| Other Income/Expense | $436.00K | - | $1.37M | - |
| Income Before Tax | $15.89M | - | $14.64M | - |
| Income Tax Expense | $5.91M | - | $4.26M | - |
| Net Income | $9.98M | $7.01M | $10.38M | - |
| Basic EPS | 0.16 | - | 0.16 | - |
| Diluted EPS | 0.16 | - | 0.16 | - |
| Basic Shares Outstanding | $63.49M | - | $63.45M | - |
| Diluted Shares Outstanding | $63.59M | - | $63.55M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Accounts Receivable | $192.51M | $165.92M |
| Other Current Assets | $5.53M | $10.21M |
| Total Current Assets | $448.00M | $613.30M |
| Goodwill | $1.12B | $1.00B |
| Intangible Assets | $308.94M | $313.47M |
| Other Non-current Assets | $21.91M | $24.70M |
| Total Assets | $3.29B | $3.23B |
| Accounts Payable | $112.96M | $111.09M |
| Deferred Revenue | $48.49M | $50.69M |
| Total Current Liabilities | $296.50M | $307.32M |
| Long-term Debt | $1.12B | $1.09B |
| Deferred Tax Liabilities | $17.39M | $19.09M |
| Other Non-current Liabilities | $34.46M | $28.74M |
| Retained Earnings | $-122.60M | $-132.99M |
| Total Stockholders Equity | $1.57B | $1.55B |
| Total Liabilities & Equity | $3.29B | $3.23B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $9.98M | $7.01M | $10.38M | - |
| Depreciation & Amortization | $78.83M | - | $227.33M | - |
| Stock-based Compensation | - | - | $11.65M | - |
| Deferred Income Tax | - | - | $1.08M | - |
| Change in Receivables | - | - | $18.33M | - |
| Change in Payables | - | - | $1.88M | - |
| Operating Cash Flow | - | - | $233.21M | - |
| Capital Expenditure | - | - | $187.80M | - |
| Acquisitions | - | - | $217.50M | - |
| Investing Cash Flow | - | - | $-404.72M | - |
| Stock Issued | - | - | - | - |
| Financing Cash Flow | - | - | $-19.14M | - |
| Net Change in Cash | - | - | $-190.65M | - |
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.