$2.86B
Revenue
$478.60M
Net Income
98.18%
Gross Margin
21.64%
Op. Margin
$946.40M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $805.50M | $794.90M | $687.50M | $572.60M | $627.70M | $622.10M | $590.20M | $515.30M | $515.20M | $498.80M | $452.70M | $420.40M | $412.00M | $387.90M |
| Revenue Growth % (YoY) | 28.3% | 27.8% | 16.5% | 11.1% | 21.8% | 24.7% | 30.4% | 22.6% | 25.0% | 28.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $17.60M | $14.00M | $11.30M | $9.20M | $9.30M | $8.00M | $9.20M | $7.50M | $8.50M | $11.20M | $11.50M | $8.50M | $7.70M | $6.10M |
| Gross Profit | $787.90M | $780.90M | $676.20M | $563.40M | $618.40M | $614.10M | $581.00M | $507.80M | $506.70M | $487.60M | $441.20M | $411.90M | $404.30M | $381.80M |
| Gross Margin % | 97.8% | 98.2% | 98.4% | 98.4% | 98.5% | 98.7% | 98.4% | 98.5% | 98.4% | 97.8% | 97.5% | 98.0% | 98.1% | 98.4% |
| Operating Expenses | $594.60M | $555.90M | $541.90M | $549.00M | $485.70M | $438.30M | $444.80M | $416.00M | $364.90M | $357.60M | $379.10M | $534.60M | $308.60M | $300.10M |
| Selling General & Admin | $301.80M | $291.60M | $286.30M | $276.50M | $287.80M | $234.30M | $242.00M | $243.10M | $218.90M | $204.20M | $221.80M | $242.70M | $182.90M | $186.30M |
| Operating Income | $210.90M | $239.00M | $145.60M | $23.60M | $142.00M | $183.80M | $145.40M | $99.30M | $150.30M | $141.20M | $73.60M | $-114.20M | $103.40M | $87.80M |
| Operating Margin % | 26.2% | 30.1% | 21.2% | 4.1% | 22.6% | 29.5% | 24.6% | 19.3% | 29.2% | 28.3% | 16.3% | -27.2% | 25.1% | 22.6% |
| Interest Expense | - | - | - | - | - | $1.60M | $1.60M | $1.10M | $1.10M | $1.10M | $1.30M | $1.10M | $1.10M | $1.20M |
| Other Income/Expense | $28.50M | $52.80M | $13.90M | $-8.90M | $20.60M | $6.50M | $-46.80M | $-64.80M | $47.90M | $-25.60M | $48.00M | $10.90M | $14.50M | $10.10M |
| Income Before Tax | $239.40M | $291.80M | $159.50M | $14.70M | $162.60M | $190.30M | $98.60M | $34.50M | $198.20M | $115.60M | $121.60M | $-103.30M | $117.90M | $97.90M |
| Income Tax Expense | $85.70M | $82.30M | $52.00M | $6.80M | $59.50M | $60.50M | $33.60M | $-8.90M | $50.50M | $32.50M | $26.10M | $-26.70M | $28.90M | $29.40M |
| Net Income | $153.70M | $209.50M | $107.50M | $7.90M | $103.10M | $129.80M | $65.00M | $43.40M | $147.70M | $83.10M | $95.50M | $-76.60M | $89.00M | $68.50M |
| Net Margin % | 19.1% | 26.4% | 15.6% | 1.4% | 16.4% | 20.9% | 11.0% | 8.4% | 28.7% | 16.7% | 21.1% | -18.2% | 21.6% | 17.7% |
| Basic EPS | 1.54 | 2.11 | 1.09 | 0.08 | 1.03 | 1.28 | 0.64 | 0.43 | 1.51 | 0.85 | 0.98 | -0.79 | 0.92 | 0.72 |
| Diluted EPS | 1.48 | 2.04 | 1.06 | 0.08 | 1.00 | 1.24 | 0.63 | 0.42 | 1.46 | 0.82 | 0.95 | -0.79 | 0.89 | 0.69 |
| Basic Shares Outstanding | - | 99.4M | 99.0M | 99.7M | -200K | 101.1M | 100.8M | 99.8M | 200K | 97.9M | 97.6M | 97.1M | 200K | 95.8M |
| Diluted Shares Outstanding | - | 102.5M | 101.0M | 102.5M | -300K | 104.3M | 103.9M | 103.6M | 400K | 101.1M | 100.2M | 97.1M | 600K | 99.0M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $713.00M | $340.20M | $264.00M | $194.10M | $233.00M | $349.10M | $139.70M | $396.30M | $251.10M | $293.70M | $160.20M | $103.80M | $262.90M | $212.20M |
| Accounts Receivable | $686.80M | $728.00M | $595.70M | $516.00M | $479.10M | $481.10M | $468.20M | $450.70M | $439.30M | $417.80M | $387.60M | $391.60M | $350.00M | $301.20M |
| Inventory | $69.00M | $69.30M | $56.90M | $59.10M | $57.40M | $45.80M | $42.50M | $37.20M | $38.30M | $28.80M | $31.70M | $33.40M | $35.10M | $37.00M |
| Other Current Assets | $115.80M | $68.20M | $120.70M | $119.30M | $112.10M | $121.70M | $120.20M | $100.50M | $97.80M | $108.20M | $100.60M | $113.20M | $79.10M | $67.90M |
| Total Current Assets | $2.52B | $2.16B | $1.75B | $1.64B | $1.72B | $1.88B | $1.67B | $1.80B | $1.61B | $1.65B | $1.50B | $1.43B | $1.45B | $1.21B |
| Property Plant & Equipment | $89.80M | $97.30M | $91.70M | $87.00M | $82.60M | $80.00M | $80.10M | $75.30M | $70.80M | $68.80M | $65.60M | $62.80M | $58.60M | $60.90M |
| Intangible Assets | - | $35.70M | $37.20M | $36.40M | $36.50M | $34.50M | $33.50M | $34.30M | $35.50M | $34.90M | $36.90M | $37.20M | $37.20M | - |
| Long-term Investments | - | - | - | - | - | - | - | - | - | - | - | - | $299.40M | - |
| Other Non-current Assets | $59.50M | $20.30M | $21.60M | $15.30M | $15.50M | $61.60M | $57.80M | $50.90M | $49.60M | $43.10M | $35.90M | $24.90M | $25.00M | $10.50M |
| Total Assets | $4.63B | $4.27B | $3.89B | $3.69B | $3.72B | $3.54B | $3.31B | $3.47B | $3.25B | $2.85B | $2.61B | $2.36B | $2.37B | $2.14B |
| Other Current Liabilities | $69.10M | $53.70M | $56.80M | $47.70M | $46.10M | $37.00M | $40.00M | $36.70M | $35.90M | $18.70M | $21.20M | $18.40M | $20.70M | $18.10M |
| Total Current Liabilities | $743.40M | $638.00M | $546.30M | $522.90M | $507.70M | $429.70M | $398.50M | $712.90M | $654.80M | $691.60M | $582.50M | $374.10M | $537.70M | $485.10M |
| Other Non-current Liabilities | $219.70M | $195.70M | $210.10M | $181.60M | $166.20M | $135.00M | $141.10M | $120.50M | $106.30M | $68.60M | $88.50M | $41.30M | $29.70M | $17.10M |
| Total Liabilities | $1.38B | $1.26B | $1.20B | $1.15B | $1.13B | $816.10M | $795.80M | $1.09B | $1.02B | $846.10M | $760.10M | $675.30M | $660.90M | $598.80M |
| Common Stock | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K |
| Retained Earnings | $447.70M | $294.00M | $84.50M | $-5.30M | $29.20M | $81.10M | $-48.70M | $-113.70M | $-157.10M | $-304.80M | $-387.90M | $-483.40M | $-406.80M | $-495.80M |
| Total Stockholders Equity | $3.25B | $3.00B | $2.69B | $2.54B | $2.59B | $2.72B | $2.51B | $2.39B | $2.23B | $2.00B | $1.85B | $1.68B | $1.71B | $1.54B |
| Total Liabilities & Equity | $4.63B | $4.27B | $3.89B | $3.69B | $3.72B | $3.54B | $3.31B | $3.47B | $3.25B | $2.85B | $2.61B | $2.36B | $2.37B | $2.14B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $153.70M | $209.50M | $107.50M | $7.90M | $103.10M | $129.80M | $108.40M | $43.40M | $147.70M | $83.10M | $18.90M | $-76.60M | $89.00M | $68.50M |
| Stock-based Compensation | $58.60M | $159.30M | $105.60M | $52.80M | $66.40M | $129.10M | $87.60M | $44.50M | $38.10M | $156.20M | $108.40M | $39.90M | $43.50M | $129.60M |
| Change in Receivables | $-38.40M | $248.90M | $116.60M | $36.90M | $-2.00M | $41.80M | $28.90M | $11.30M | $21.40M | $67.90M | $37.50M | $41.70M | $46.50M | $115.70M |
| Change in Inventory | $3.40M | $11.90M | $-400.00K | $1.70M | $11.60M | $7.50M | $4.20M | $-1.10M | $900.00K | $-6.30M | $-3.40M | $-1.80M | $-3.90M | $6.50M |
| Operating Cash Flow | $388.40M | $394.30M | $166.80M | $64.80M | $242.50M | $352.90M | $194.90M | $130.30M | $123.50M | $266.40M | $54.40M | $-125.20M | $143.00M | $196.40M |
| Capital Expenditure | $-2.40M | $36.40M | $23.20M | $10.70M | $7.30M | $30.90M | $22.80M | $11.20M | $5.40M | $22.90M | $15.30M | $8.50M | $1.80M | $14.70M |
| Investing Cash Flow | $-52.90M | $-211.50M | $-14.80M | $14.20M | $-68.30M | $-58.50M | $-83.20M | $-55.00M | $-201.80M | $-265.30M | $-168.00M | $-42.10M | $-115.60M | $-61.50M |
| Stock Issued | $37.30M | $92.10M | $46.50M | $32.10M | $10.00M | $112.10M | $85.70M | $69.90M | $35.40M | $29.90M | $11.10M | $8.20M | $24.60M | $20.10M |
| Stock Repurchased | - | $167.70M | $167.70M | $150.00M | $300.00M | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $37.30M | $-75.60M | $-121.20M | $-117.90M | $-290.00M | $-196.70M | $-223.10M | $69.90M | $35.40M | $29.90M | $11.10M | $8.20M | $24.60M | $-258.90M |
| Net Change in Cash | $372.80M | $107.20M | $31.00M | $-38.90M | $-116.10M | $98.00M | $-111.40M | $145.20M | $-42.60M | $31.00M | $-102.50M | $-159.10M | $50.70M | $-124.00M |
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 | $794.90M | - | $2.06B | - |
| Cost of Revenue | $14.00M | - | $34.50M | - |
| Operating Expenses | $555.90M | - | $1.65B | - |
| Selling General & Admin | $291.60M | - | $854.40M | - |
| Operating Income | $239.00M | - | $408.20M | - |
| Interest Expense | - | - | - | - |
| Other Income/Expense | $52.80M | - | $57.80M | - |
| Income Before Tax | $291.80M | - | $466.00M | - |
| Income Tax Expense | $82.30M | - | $141.10M | - |
| Net Income | $209.50M | - | $324.90M | - |
| Basic EPS | 2.11 | - | 3.27 | - |
| Diluted EPS | 2.04 | - | 3.19 | - |
| Basic Shares Outstanding | $99.40M | - | $99.30M | - |
| Diluted Shares Outstanding | $102.50M | - | $102.00M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $340.20M | $233.00M |
| Accounts Receivable | $728.00M | $479.10M |
| Inventory | $69.30M | $57.40M |
| Other Current Assets | $68.20M | $63.60M |
| Total Current Assets | $2.16B | $1.72B |
| Property Plant & Equipment | $97.30M | $82.60M |
| Intangible Assets | $35.70M | $36.50M |
| Other Non-current Assets | $20.30M | $15.50M |
| Total Assets | $4.27B | $3.72B |
| Other Current Liabilities | $53.70M | $46.10M |
| Total Current Liabilities | $638.00M | $507.70M |
| Other Non-current Liabilities | $195.70M | $166.20M |
| Total Liabilities | $1.26B | $1.13B |
| Common Stock | $100.00K | $100.00K |
| Retained Earnings | $294.00M | $29.20M |
| Total Stockholders Equity | $3.00B | $2.59B |
| Total Liabilities & Equity | $4.27B | $3.72B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $209.50M | - | $324.90M | - |
| Stock-based Compensation | - | - | $159.30M | - |
| Change in Receivables | - | - | $248.90M | - |
| Change in Inventory | - | - | $11.90M | - |
| Operating Cash Flow | - | - | $394.30M | - |
| Capital Expenditure | - | - | $36.40M | - |
| Investing Cash Flow | - | - | $-211.50M | - |
| Stock Issued | - | - | $92.10M | - |
| Stock Repurchased | - | - | $167.70M | - |
| Financing Cash Flow | - | - | $-75.60M | - |
| Net Change in Cash | - | - | $107.20M | - |
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.