$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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $805.50M | $794.90M | $687.50M | $572.60M | $627.70M | $622.10M | $590.20M |
| Revenue Growth % (YoY) | 28.3% | 27.8% | 16.5% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $17.60M | $14.00M | $11.30M | $9.20M | $9.30M | $8.00M | $9.20M |
| Gross Profit | $787.90M | $780.90M | $676.20M | $563.40M | $618.40M | $614.10M | $581.00M |
| Gross Margin % | 97.8% | 98.2% | 98.4% | 98.4% | 98.5% | 98.7% | 98.4% |
| Operating Expenses | $594.60M | $555.90M | $541.90M | $549.00M | $485.70M | $438.30M | $444.80M |
| Selling General & Admin | $301.80M | $291.60M | $286.30M | $276.50M | $287.80M | $234.30M | $242.00M |
| Operating Income | $210.90M | $239.00M | $145.60M | $23.60M | $142.00M | $183.80M | $145.40M |
| Operating Margin % | 26.2% | 30.1% | 21.2% | 4.1% | 22.6% | 29.5% | 24.6% |
| Interest Expense | - | - | - | - | - | $1.60M | $1.60M |
| Other Income/Expense | $28.50M | $52.80M | $13.90M | $-8.90M | $20.60M | $6.50M | $-46.80M |
| Income Before Tax | $239.40M | $291.80M | $159.50M | $14.70M | $162.60M | $190.30M | $98.60M |
| Income Tax Expense | $85.70M | $82.30M | $52.00M | $6.80M | $59.50M | $60.50M | $33.60M |
| Net Income | $153.70M | $209.50M | $107.50M | $7.90M | $103.10M | $129.80M | $65.00M |
| Net Margin % | 19.1% | 26.4% | 15.6% | 1.4% | 16.4% | 20.9% | 11.0% |
| Basic EPS | 1.54 | 2.11 | 1.09 | 0.08 | 1.03 | 1.28 | 0.64 |
| Diluted EPS | 1.48 | 2.04 | 1.06 | 0.08 | 1.00 | 1.24 | 0.63 |
| Basic Shares Outstanding | - | 99.4M | 99.0M | 99.7M | -200K | 101.1M | 100.8M |
| Diluted Shares Outstanding | - | 102.5M | 101.0M | 102.5M | -300K | 104.3M | 103.9M |
| 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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $713.00M | $340.20M | $264.00M | $194.10M | $233.00M | $349.10M | $139.70M |
| Accounts Receivable | $686.80M | $728.00M | $595.70M | $516.00M | $479.10M | $481.10M | $468.20M |
| Inventory | $69.00M | $69.30M | $56.90M | $59.10M | $57.40M | $45.80M | $42.50M |
| Other Current Assets | $115.80M | $68.20M | $120.70M | $119.30M | $112.10M | $121.70M | $120.20M |
| Total Current Assets | $2.52B | $2.16B | $1.75B | $1.64B | $1.72B | $1.88B | $1.67B |
| Property Plant & Equipment | $89.80M | $97.30M | $91.70M | $87.00M | $82.60M | $80.00M | $80.10M |
| Intangible Assets | - | $35.70M | $37.20M | $36.40M | $36.50M | $34.50M | $33.50M |
| Other Non-current Assets | $59.50M | $20.30M | $21.60M | $15.30M | $15.50M | $61.60M | $57.80M |
| Total Assets | $4.63B | $4.27B | $3.89B | $3.69B | $3.72B | $3.54B | $3.31B |
| Other Current Liabilities | $69.10M | $53.70M | $56.80M | $47.70M | $46.10M | $37.00M | $40.00M |
| Total Current Liabilities | $743.40M | $638.00M | $546.30M | $522.90M | $507.70M | $429.70M | $398.50M |
| Other Non-current Liabilities | $219.70M | $195.70M | $210.10M | $181.60M | $166.20M | $135.00M | $141.10M |
| Total Liabilities | $1.38B | $1.26B | $1.20B | $1.15B | $1.13B | $816.10M | $795.80M |
| Common Stock | $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 |
| Total Stockholders Equity | $3.25B | $3.00B | $2.69B | $2.54B | $2.59B | $2.72B | $2.51B |
| Total Liabilities & Equity | $4.63B | $4.27B | $3.89B | $3.69B | $3.72B | $3.54B | $3.31B |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $153.70M | $209.50M | $107.50M | $7.90M | $103.10M | $129.80M | $108.40M |
| Stock-based Compensation | $58.60M | $159.30M | $105.60M | $52.80M | $66.40M | $129.10M | $87.60M |
| Change in Receivables | $-38.40M | $248.90M | $116.60M | $36.90M | $-2.00M | $41.80M | $28.90M |
| Change in Inventory | $3.40M | $11.90M | $-400.00K | $1.70M | $11.60M | $7.50M | $4.20M |
| Operating Cash Flow | $388.40M | $394.30M | $166.80M | $64.80M | $242.50M | $352.90M | $194.90M |
| Capital Expenditure | $-2.40M | $36.40M | $23.20M | $10.70M | $7.30M | $30.90M | $22.80M |
| Investing Cash Flow | $-52.90M | $-211.50M | $-14.80M | $14.20M | $-68.30M | $-58.50M | $-83.20M |
| Stock Issued | $37.30M | $92.10M | $46.50M | $32.10M | $10.00M | $112.10M | $85.70M |
| 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 |
| Net Change in Cash | $372.80M | $107.20M | $31.00M | $-38.90M | $-116.10M | $98.00M | $-111.40M |
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.