Price chart (1D to 10Y)
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Income Statement, fiscal quarters · USD, as filed
| Line item | Dec 24 | Mar 25 | Sep 25 | Dec 25 | Mar 26 |
|---|---|---|---|---|---|
| Total revenue | $362.55M | $358.21M | $395.74M | $414.67M | $406.56M |
| Cost of revenue | $66.60M | $67.21M | $77.00M | $83.58M | $74.70M |
| Gross profit | $295.94M | $291.00M | $318.73M | $331.08M | $331.85M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 8160.0% |
| 8120.0% |
| 8050.0% |
| 7980.0% |
| 8160.0% |
| Research & development | $84.78M | $86.54M | $80.28M | $82.80M | $74.38M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $317.65M | $319.95M | $339.45M | $349.15M | $332.25M |
| Operating income | -$21.71M | -$28.94M | -$20.71M | -$18.07M | -$399.00K |
| Operating margin | -600.0% | -810.0% | -520.0% | -440.0% | -10.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | $33.59M | -$10.29M | -$2.81M | -$2.06M | $14.77M |
| Tax provision | $45.00K | $1.29M | $149.00K | $522.00K | $1.98M |
| Net income | $33.54M | -$11.58M | -$2.96M | -$2.58M | $12.78M |
| Net margin | 930.0% | -320.0% | -70.0% | -60.0% | 310.0% |
| EBITDA | -$13.85M | -$21.08M | -$12.65M | -$9.69M | $8.08M |
| Basic EPS | 0.33 | -0.11 | -0.03 | -0.03 | 0.13 |
| Diluted EPS | -0.06 | -0.11 | -0.03 | -0.03 | 0.12 |