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Price chart (1D to 10Y)
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Income Statement, fiscal years · USD, as filed
| Line item | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Total revenue | $748.96M | $842.55M | $881.68M | $939.82M | $1.01B |
| Cost of revenue | $305.89M | $342.58M | $325.15M | $326.14M | $342.29M |
| Gross profit | $443.07M | $499.97M | $556.52M | $613.67M | $668.89M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 5920.0% |
| 5930.0% |
| 6310.0% |
| 6530.0% |
| 6610.0% |
| Research & development | $177.71M | $218.63M | $245.11M | $255.87M | $270.22M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $381.49M | $448.94M | $489.69M | $505.13M | $535.25M |
| Operating income | $61.57M | $51.03M | $66.82M | $108.54M | $133.63M |
| Operating margin | 820.0% | 610.0% | 760.0% | 1150.0% | 1320.0% |
| Interest expense | — | $3.14M | $3.42M | $11.42M | $17.29M |
| Pretax income | $46.06M | $56.59M | $97.82M | $141.80M | $166.60M |
| Tax provision | -$5.10M | $962.00K | $17.48M | $19.29M | $37.62M |
| Net income | $51.17M | $55.63M | $80.34M | $122.51M | $131.62M |
| Net margin | 680.0% | 660.0% | 910.0% | 1300.0% | 1300.0% |
| EBITDA | $91.28M | $81.90M | $98.25M | $137.67M | $164.45M |
| Basic EPS | 1.05 | 1.13 | 1.63 | 2.5 | 2.66 |
| Diluted EPS | 1.01 | 1.07 | 1.53 | 2.29 | 2.46 |