Alarm.com Holdings, Inc(NASDAQ:ALRM)

Alarm.com Holdings, Inc. provides cloud-based solutions for smart residential and commercial properties in the United States and internationally. It operates in two segments, Alarm.com and Other. The company provides interactive security solutions to control and monitor their security systems, as we...
Website: http://www.alarm.com
Founded: 2000
Full Time Employees: 1,361
Sector: Technology
Industry: Software-Application
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 |
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revenue: | ||||||||||||||||||||||||||||||||||||||||||||
saas and license revenue | 181,524,000 | 180,232,000 | 175,372,000 | 169,993,000 | 163,800,000 | 165,651,000 | 159,276,000 | 155,927,000 | 150,344,000 | 148,347,000 | 145,027,000 | 140,432,000 | 135,394,000 | 134,551,000 | 133,126,000 | 129,475,000 | 123,225,000 | 121,744,000 | 118,059,000 | 113,186,000 | 107,383,000 | 105,477,000 | 100,126,000 | 95,704,000 | 91,950,000 | 90,062,000 | 84,924,000 | 82,334,000 | 80,055,000 | 77,824,000 | 74,292,000 | 70,968,000 | 67,988,000 | 65,205,000 | 61,924,000 | 58,928,000 | 50,226,000 | 46,888,000 | 44,630,000 | 42,010,000 | 40,012,000 | 38,689,000 | 36,158,000 | 34,134,000 |
hardware and other revenue | 83,669,000 | 81,425,000 | 81,028,000 | 84,315,000 | 75,022,000 | 76,589,000 | 81,221,000 | 77,880,000 | 72,939,000 | 77,890,000 | 76,827,000 | 83,443,000 | 74,322,000 | 73,588,000 | 83,012,000 | 83,370,000 | 82,212,000 | 73,546,000 | 74,265,000 | 75,671,000 | 65,115,000 | 60,099,000 | 58,725,000 | 45,933,000 | 59,989,000 | 50,426,000 | 42,956,000 | 39,326,000 | 32,280,000 | 33,578,000 | 37,556,000 | 33,520,000 | 24,768,000 | 23,588,000 | 28,038,000 | 27,060,000 | 23,968,000 | 22,906,000 | 23,216,000 | 22,413,000 | 19,031,000 | 18,232,000 | 17,849,000 | 17,815,000 |
total revenue | 265,193,000 | 261,657,000 | 256,400,000 | 254,308,000 | 238,822,000 | 242,240,000 | 240,497,000 | 233,807,000 | 223,283,000 | 226,237,000 | 221,854,000 | 223,875,000 | 209,716,000 | 208,139,000 | 216,138,000 | 212,845,000 | 205,437,000 | 195,290,000 | 192,324,000 | 188,857,000 | 172,498,000 | 165,576,000 | 158,851,000 | 141,637,000 | 151,939,000 | 140,488,000 | 127,880,000 | 121,660,000 | 112,335,000 | 111,402,000 | 111,848,000 | 104,488,000 | 92,756,000 | 88,793,000 | 89,962,000 | 85,988,000 | 74,194,000 | 69,794,000 | 67,846,000 | 64,423,000 | 59,043,000 | 56,921,000 | 54,007,000 | 51,949,000 |
yoy | 11.04% | 8.02% | 6.61% | 8.77% | 6.96% | 7.07% | 8.40% | 4.44% | 6.47% | 8.70% | 2.64% | 5.18% | 2.08% | 6.58% | 12.38% | 12.70% | 19.10% | 17.95% | 21.07% | 33.34% | 13.53% | 17.86% | 24.22% | 16.42% | 35.26% | 26.11% | 14.33% | 16.43% | 21.11% | 25.46% | 24.33% | 21.51% | 25.02% | 27.22% | 32.60% | 33.47% | 25.66% | 22.62% | 25.62% | 24.01% | ||||
qoq | 1.35% | 2.05% | 0.82% | 6.48% | -1.41% | 0.72% | 2.86% | 4.71% | -1.31% | 1.98% | -0.90% | 6.75% | 0.76% | -3.70% | 1.55% | 3.61% | 5.20% | 1.54% | 1.84% | 9.48% | 4.18% | 4.23% | 12.15% | -6.78% | 8.15% | 9.86% | 5.11% | 8.30% | 0.84% | -0.40% | 7.04% | 12.65% | 4.46% | -1.30% | 4.62% | 15.90% | 6.30% | 2.87% | 5.31% | 9.11% | 3.73% | 5.40% | 3.96% | |
cost of revenue: | ||||||||||||||||||||||||||||||||||||||||||||
cost of saas and license revenue | 27,895,000 | 26,746,000 | 24,233,000 | 23,653,000 | 21,568,000 | 23,891,000 | 23,099,000 | 22,094,000 | 20,428,000 | 22,822,000 | 21,917,000 | 21,576,000 | 19,583,000 | 19,878,000 | 18,437,000 | 18,688,000 | 16,894,000 | 16,976,000 | 17,425,000 | 17,201,000 | 15,156,000 | 13,866,000 | 14,344,000 | 13,001,000 | 12,328,000 | 12,638,000 | 12,438,000 | 12,665,000 | 12,325,000 | 11,599,000 | 11,501,000 | 11,027,000 | 10,806,000 | 9,473,000 | 9,545,000 | 8,500,000 | 8,092,000 | 8,450,000 | 7,787,000 | 7,211,000 | 6,781,000 | 6,628,000 | 6,764,000 | 6,297,000 |
cost of hardware and other revenue | 62,616,000 | 62,291,000 | 63,329,000 | 63,809,000 | 56,666,000 | 59,713,000 | 61,649,000 | 59,188,000 | 56,087,000 | 58,393,000 | 59,488,000 | 64,791,000 | 56,589,000 | 59,694,000 | 67,149,000 | 68,648,000 | 73,193,000 | 65,410,000 | 62,959,000 | 60,166,000 | 50,606,000 | 45,394,000 | 46,839,000 | 36,004,000 | 45,652,000 | 39,932,000 | 35,085,000 | 31,891,000 | 26,625,000 | 27,259,000 | 30,491,000 | 25,461,000 | 17,571,000 | 18,412,000 | 22,288,000 | 21,335,000 | 18,543,000 | 18,265,000 | 18,579,000 | 17,972,000 | 14,335,000 | 13,481,000 | 13,205,000 | 14,190,000 |
total cost of revenue | 90,511,000 | 89,037,000 | 87,562,000 | 87,462,000 | 78,234,000 | 83,604,000 | 84,748,000 | 81,282,000 | 76,515,000 | 81,215,000 | 81,405,000 | 86,367,000 | 76,172,000 | 79,572,000 | 85,586,000 | 87,336,000 | 90,087,000 | 82,386,000 | 80,384,000 | 77,367,000 | 65,762,000 | 59,260,000 | 61,183,000 | 49,005,000 | 57,980,000 | 52,570,000 | 47,523,000 | 44,556,000 | 38,950,000 | 38,858,000 | 41,992,000 | 36,488,000 | 28,377,000 | 27,885,000 | 31,833,000 | 29,835,000 | 26,635,000 | 26,715,000 | 26,366,000 | 25,183,000 | 21,116,000 | 20,109,000 | 19,969,000 | 20,487,000 |
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||
sales and marketing | 34,434,000 | 34,605,000 | 29,498,000 | 31,136,000 | 28,549,000 | 30,941,000 | 27,010,000 | 27,837,000 | 25,454,000 | 25,948,000 | 23,861,000 | 23,772,000 | 26,645,000 | 23,566,000 | 23,057,000 | 22,933,000 | 23,192,000 | 24,579,000 | 22,557,000 | 20,529,000 | 18,999,000 | 23,562,000 | 18,410,000 | 16,920,000 | 17,075,000 | 18,423,000 | 14,533,000 | 15,631,000 | 13,228,000 | 16,340,000 | 14,128,000 | 14,612,000 | 10,822,000 | 10,851,000 | 10,426,000 | 11,899,000 | 10,314,000 | 9,448,000 | 10,705,000 | 9,851,000 | 8,976,000 | 7,835,000 | 8,425,000 | 8,064,000 |
general and administrative | 27,454,000 | 28,444,000 | 27,889,000 | 27,084,000 | 27,001,000 | 27,767,000 | 25,712,000 | 26,104,000 | 29,296,000 | 24,177,000 | 31,455,000 | 28,799,000 | 28,499,000 | 25,374,000 | 28,011,000 | 29,309,000 | 23,994,000 | 22,567,000 | 18,689,000 | 23,268,000 | 22,882,000 | 23,009,000 | 17,410,000 | 17,359,000 | 20,865,000 | 18,174,000 | 18,701,000 | 13,872,000 | 19,212,000 | 17,807,000 | 43,662,000 | 18,119,000 | 16,162,000 | 13,597,000 | 12,974,000 | 13,450,000 | 15,375,000 | 15,802,000 | 14,804,000 | 14,191,000 | 13,129,000 | 9,957,000 | 9,932,000 | 8,514,000 |
research and development | 72,059,000 | 66,155,000 | 66,637,000 | 69,070,000 | 68,367,000 | 61,971,000 | 62,221,000 | 65,730,000 | 65,956,000 | 61,274,000 | 61,014,000 | 60,918,000 | 61,908,000 | 57,408,000 | 55,581,000 | 54,156,000 | 51,490,000 | 47,612,000 | 44,143,000 | 43,491,000 | 42,467,000 | 38,867,000 | 36,914,000 | 36,636,000 | 39,730,000 | 30,068,000 | 29,461,000 | 28,418,000 | 26,496,000 | 24,437,000 | 22,869,000 | 21,521,000 | 20,377,000 | 18,915,000 | 19,257,000 | 20,062,000 | 14,521,000 | 12,048,000 | 11,477,000 | 10,777,000 | 9,970,000 | 13,335,000 | 9,836,000 | 9,079,000 |
amortization and depreciation | 9,092,000 | 8,468,000 | 7,793,000 | 7,534,000 | 7,024,000 | 7,102,000 | 7,612,000 | 7,080,000 | 7,337,000 | 7,943,000 | 7,948,000 | 7,860,000 | 7,673,000 | 7,747,000 | 7,587,000 | 7,775,000 | 7,761,000 | 7,386,000 | 7,467,000 | 7,477,000 | 7,385,000 | 7,497,000 | 6,878,000 | 6,723,000 | 6,422,000 | 6,301,000 | 5,467,000 | 5,138,000 | 5,228,000 | 5,567,000 | 5,891,000 | 5,238,000 | 5,025,000 | 4,953,000 | 5,071,000 | 4,846,000 | 2,864,000 | 1,627,000 | 1,659,000 | 1,613,000 | 1,591,000 | 1,438,000 | 1,504,000 | 1,528,000 |
total operating expenses | 143,039,000 | 137,672,000 | 131,817,000 | 134,824,000 | 130,941,000 | 127,781,000 | 122,555,000 | 126,751,000 | 128,043,000 | 119,342,000 | 124,278,000 | 121,349,000 | 124,725,000 | 114,095,000 | 114,236,000 | 114,173,000 | 106,437,000 | 102,144,000 | 92,856,000 | 94,765,000 | 91,733,000 | 92,935,000 | 79,612,000 | 77,638,000 | 84,092,000 | 72,966,000 | 68,162,000 | 63,059,000 | 64,164,000 | 64,151,000 | 86,550,000 | 59,490,000 | 52,386,000 | 48,316,000 | 47,728,000 | 50,257,000 | 43,074,000 | 38,925,000 | 38,645,000 | 36,432,000 | 33,666,000 | 32,565,000 | 29,697,000 | 27,185,000 |
operating income | 31,643,000 | 34,948,000 | 37,021,000 | 32,022,000 | 29,647,000 | 30,855,000 | 33,194,000 | 25,774,000 | 18,725,000 | 25,680,000 | 16,171,000 | 16,159,000 | 8,819,000 | 14,472,000 | 16,316,000 | 11,336,000 | 8,913,000 | 10,760,000 | 19,084,000 | 16,725,000 | 15,003,000 | 13,381,000 | 18,056,000 | 14,994,000 | 9,867,000 | 14,952,000 | 12,195,000 | 14,045,000 | 9,221,000 | 8,393,000 | -16,694,000 | 8,510,000 | 11,993,000 | 12,592,000 | 10,401,000 | 5,896,000 | 4,485,000 | 4,154,000 | 2,835,000 | 2,808,000 | 4,261,000 | 4,247,000 | 4,341,000 | 4,277,000 |
yoy | 6.73% | 13.27% | 11.53% | 24.24% | 58.33% | 20.15% | 105.27% | 59.50% | 112.33% | 77.45% | -0.89% | 42.55% | -1.05% | 34.50% | -14.50% | -32.22% | -40.59% | -19.59% | 5.69% | 11.54% | 52.05% | -10.51% | 48.06% | 6.76% | 7.01% | 78.15% | -173.05% | 65.04% | -23.11% | -33.35% | -260.50% | 44.34% | 167.40% | 203.13% | 266.88% | 109.97% | 5.26% | -2.19% | -34.69% | -34.35% | ||||
qoq | -9.46% | -5.60% | 15.61% | 8.01% | -3.92% | -7.05% | 28.79% | 37.64% | -27.08% | 58.80% | 0.07% | 83.23% | -39.06% | -11.30% | 43.93% | 27.19% | -17.17% | -43.62% | 14.10% | 11.48% | 12.12% | -25.89% | 20.42% | 51.96% | -34.01% | 22.61% | -13.17% | 52.32% | 9.87% | -150.28% | -296.17% | -29.04% | -4.76% | 21.07% | 76.41% | 31.46% | 7.97% | 46.53% | 0.96% | -34.10% | 0.33% | -2.17% | 1.50% | |
operating margin % | 11.93% | 13.36% | 14.44% | 12.59% | 12.41% | 12.74% | 13.80% | 11.02% | 8.39% | 11.35% | 7.29% | 7.22% | 4.21% | 6.95% | 7.55% | 5.33% | 4.34% | 5.51% | 9.92% | 8.86% | 8.70% | 8.08% | 11.37% | 10.59% | 6.49% | 10.64% | 9.54% | 11.54% | 8.21% | 7.53% | -14.93% | 8.14% | 12.93% | 14.18% | 11.56% | 6.86% | 6.04% | 5.95% | 4.18% | 4.36% | 7.22% | 7.46% | 8.04% | 8.23% |
interest expense | -3,672,000 | -4,333,000 | -4,326,000 | -4,321,000 | -4,314,000 | -4,347,000 | -4,315,000 | -1,968,000 | -796,000 | -828,000 | -906,000 | -827,000 | -868,000 | -788,000 | -787,000 | -785,000 | -784,000 | -4,238,000 | -4,196,000 | -4,154,000 | -3,368,000 | -527,000 | -556,000 | -868,000 | -645,000 | -652,000 | -715,000 | -786,000 | -821,000 | -759,000 | -736,000 | -751,000 | -672,000 | -651,000 | -658,000 | -674,000 | -216,000 | -53,000 | -49,000 | -47,000 | -41,000 | -50,000 | -44,000 | -42,000 |
interest income | 4,931,000 | 10,164,000 | 11,274,000 | 11,808,000 | 12,371,000 | 13,579,000 | 14,384,000 | 10,856,000 | 8,540,000 | 8,709,000 | 8,493,000 | 7,417,000 | 5,182,000 | 4,697,000 | 2,903,000 | 1,016,000 | 143,000 | 141,000 | 140,000 | 149,000 | 157,000 | 136,000 | 118,000 | 157,000 | 459,000 | 605,000 | 2,703,000 | |||||||||||||||||
other expense | -3,909,000 | -150,000 | -2,685,000 | -416,250 | -89,000 | -1,258,000 | -318,000 | |||||||||||||||||||||||||||||||||||||
income before income taxes | 28,993,000 | 44,721,000 | 47,507,000 | 39,359,000 | 35,019,000 | 39,078,000 | 43,174,000 | 33,404,000 | 26,151,000 | 39,399,000 | 23,323,000 | 22,118,000 | 12,985,000 | 18,280,000 | 18,356,000 | 11,672,000 | 8,285,000 | 6,599,000 | 15,081,000 | 12,752,000 | 11,637,000 | 13,668,000 | 42,371,000 | 14,348,000 | 9,773,000 | 14,972,000 | 20,563,000 | 14,109,000 | 9,252,000 | 8,516,000 | -16,713,000 | 8,179,000 | 11,717,000 | 12,291,000 | 10,085,000 | 5,359,000 | 4,506,000 | 4,276,000 | 2,925,000 | 2,849,000 | 4,331,000 | 3,911,000 | 4,290,000 | 4,173,000 |
provision for income taxes | 5,856,000 | 9,655,000 | 15,200,000 | 5,458,000 | 7,307,000 | 8,945,000 | 6,718,000 | 884,000 | 2,747,000 | 8,228,000 | 3,972,000 | 6,507,000 | 490,000 | 246,000 | 844,000 | -2,242,000 | 1,787,000 | -2,913,000 | -1,971,000 | 6,546,000 | -2,277,000 | 1,202,000 | 857,000 | 2,873,000 | 313,000 | 242,000 | 1,202,000 | 543,000 | 1,300,000 | 358,000 | 1,593,000 | |||||||||||||
loss from equity method investments | -245,000 | |||||||||||||||||||||||||||||||||||||||||||
net income | 23,382,000 | 34,599,000 | 35,100,000 | 34,217,000 | 27,712,000 | 30,133,000 | 36,456,000 | 32,520,000 | 23,404,000 | 31,171,000 | 19,351,000 | 15,611,000 | 14,207,000 | 17,790,000 | 18,110,000 | 10,828,000 | 8,903,000 | 8,841,000 | 13,294,000 | 14,490,000 | 14,550,000 | 15,639,000 | 35,825,000 | 16,625,000 | 8,571,000 | 12,834,000 | 17,690,000 | 13,796,000 | 9,010,000 | 7,928,000 | -7,652,000 | 10,733,000 | 10,515,000 | 320,000 | 15,103,000 | 9,865,000 | 3,963,000 | 2,976,000 | 2,567,000 | 1,873,000 | 2,738,000 | 2,989,000 | 3,229,000 | 2,509,000 |
yoy | -15.63% | 14.82% | -3.72% | 5.22% | 18.41% | -3.33% | 88.39% | 108.31% | 64.74% | 75.22% | 6.85% | 44.17% | 59.58% | 101.22% | 36.23% | -25.27% | -38.81% | -43.47% | -62.89% | -12.84% | 69.76% | 21.86% | 102.52% | 20.51% | -4.87% | 61.88% | -331.18% | 28.54% | -14.31% | 2377.50% | -150.67% | 8.80% | 165.33% | -89.25% | 488.35% | 426.70% | 44.74% | -0.43% | -20.50% | -25.35% | ||||
qoq | -32.42% | -1.43% | 2.58% | 23.47% | -8.03% | -17.34% | 12.10% | 38.95% | -24.92% | 61.08% | 23.96% | 9.88% | -20.14% | -1.77% | 67.25% | 21.62% | 0.70% | -33.50% | -8.25% | -0.41% | -6.96% | -56.35% | 115.49% | 93.97% | -33.22% | -27.45% | 28.23% | 53.12% | 13.65% | -203.61% | -171.29% | 2.07% | 3185.94% | -97.88% | 53.10% | 148.93% | 33.17% | 15.93% | 37.05% | -31.59% | -8.40% | -7.43% | 28.70% | |
net income margin % | 8.82% | 13.22% | 13.69% | 13.45% | 11.60% | 12.44% | 15.16% | 13.91% | 10.48% | 13.78% | 8.72% | 6.97% | 6.77% | 8.55% | 8.38% | 5.09% | 4.33% | 4.53% | 6.91% | 7.67% | 8.43% | 9.45% | 22.55% | 11.74% | 5.64% | 9.14% | 13.83% | 11.34% | 8.02% | 7.12% | -6.84% | 10.27% | 11.34% | 0.36% | 16.79% | 11.47% | 5.34% | 4.26% | 3.78% | 2.91% | 4.64% | 5.25% | 5.98% | 4.83% |
net loss attributable to redeemable noncontrolling interests | 201,000 | 135,000 | 238,000 | 335,000 | 238,000 | 195,000 | 226,000 | 991,000 | 191,000 | 133,000 | 173,000 | 188,000 | 209,000 | 295,000 | 222,000 | |||||||||||||||||||||||||||||
net income attributable to common stockholders | 23,583,000 | 34,734,000 | 35,338,000 | 34,552,000 | 27,950,000 | 30,328,000 | 36,682,000 | 33,511,000 | 23,595,000 | 31,304,000 | 19,524,000 | 15,799,000 | 14,416,000 | 18,085,000 | 18,332,000 | 10,842,000 | 9,079,000 | 9,146,000 | 13,538,000 | 14,745,000 | 14,830,000 | 15,967,000 | 36,084,000 | 16,995,000 | 8,807,000 | 13,035,000 | 17,690,000 | 13,796,000 | 9,010,000 | 7,927,000 | -7,652,000 | 10,732,000 | 10,512,000 | 321,000 | 15,097,000 | 9,860,000 | 3,961,000 | 2,964,000 | 2,567,000 | 2,738,000 | ||||
per share information attributable to common stockholders: | ||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders per share: | ||||||||||||||||||||||||||||||||||||||||||||
basic | 0.48 | 0.69 | 0.71 | 0.69 | 0.56 | 0.61 | 0.74 | |||||||||||||||||||||||||||||||||||||
diluted | 0.47 | 0.66 | 0.65 | 0.63 | 0.52 | 0.56 | 0.67 | |||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||
basic | 49,599,698 | 49,795,191 | 49,896,117 | 49,806,105 | 49,659,741 | 49,641,763 | 49,282,514 | 49,832,503 | 49,963,265 | 49,818,448 | 49,917,533 | 49,859,615 | 49,584,890 | 49,926,236 | 49,791,465 | 49,931,689 | 50,206,179 | 49,869,857 | 49,954,565 | 49,808,969 | 49,561,887 | 48,950,328 | 49,007,343 | 48,792,280 | 48,725,565 | 48,427,446 | 48,518,041 | 48,388,696 | 48,172,243 | 47,633,739 | 47,812,642 | 47,439,311 | 47,226,382 | 46,682,141 | 46,886,345 | 46,442,327 | 46,225,473 | 45,716,757 | 45,716,961 | 45,602,061 | 45,526,058 | 24,108,362 | 44,922,410 | 2,706,369 |
diluted | 56,322,662 | 58,923,815 | 58,461,103 | 60,137,204 | 60,077,247 | 57,993,019 | 59,780,908 | 56,680,355 | 55,047,087 | 54,625,434 | 54,778,793 | 54,446,275 | 54,296,321 | 54,932,757 | 54,832,528 | 54,757,020 | 55,170,781 | 51,919,902 | 51,836,239 | 51,754,392 | 51,739,461 | 50,963,190 | 50,979,679 | 50,551,632 | 50,246,987 | 50,273,889 | 50,152,807 | 50,283,990 | 50,172,818 | 49,692,184 | 47,812,642 | 49,497,088 | 49,268,255 | 49,153,948 | 49,259,701 | 49,000,553 | 48,758,774 | 47,875,522 | 48,319,952 | 47,523,187 | 47,303,896 | 24,108,362 | 46,832,014 | 2,706,369 |
other income | 3,942,000 | 3,538,000 | 5,838,000 | -435,000 | -631,000 | -148,000 | -101,000 | -76,000 | 105,000 | 13,000 | -64,000 | 53,000 | 32,000 | -155,000 | 678,000 | 24,753,000 | 65,000 | 92,000 | 67,000 | 6,380,000 | 850,000 | 852,000 | 882,000 | 717,000 | 420,000 | 396,000 | 350,000 | 342,000 | 137,000 | 237,000 | 175,000 | 139,000 | 111,000 | |||||||||||
income from equity method investments | 467,000 | -2,793,000 | -316,000 | |||||||||||||||||||||||||||||||||||||||||
net income per share | ||||||||||||||||||||||||||||||||||||||||||||
basic | 0.67 | 0.47 | 0.63 | 0.39 | 0.32 | 0.29 | 0.36 | 0.37 | 0.22 | 0.18 | 0.18 | 0.27 | 0.3 | 0.3 | 0.32 | 0.74 | 0.35 | 0.18 | 0.27 | 0.36 | 0.29 | 0.19 | 0.16 | -0.16 | 0.23 | 0.22 | 0.01 | 0.32 | 0.21 | 0.09 | 0.06 | 0.06 | 0.06 | |||||||||||
diluted | 0.62 | 0.44 | 0.59 | 0.37 | 0.3 | 0.28 | 0.34 | 0.35 | 0.21 | 0.18 | 0.18 | 0.26 | 0.28 | 0.29 | 0.31 | 0.71 | 0.34 | 0.18 | 0.25 | 0.35 | 0.27 | 0.18 | 0.16 | -0.16 | 0.22 | 0.21 | 0.31 | 0.2 | 0.08 | 0.06 | 0.05 | 0.06 | ||||||||||||
benefit from income taxes | -1,222,000 | -618,000 | -1,738,000 | -2,603,250 | -9,061,000 | -2,554,000 | 976,000 | 1,193,750 | 1,061,000 | 1,664,000 | ||||||||||||||||||||||||||||||||||
net loss attributable to redeemable noncontrolling interest | 14,000 | 176,000 | 305,000 | 244,000 | 255,000 | 280,000 | 328,000 | 259,000 | 370,000 | 236,000 | ||||||||||||||||||||||||||||||||||
income allocated to participating securities | -1,000 | -1,000 | -3,000 | 1,000 | -6,000 | -5,000 | -2,000 | -50,000 | ||||||||||||||||||||||||||||||||||||
(benefit from) / provision for income taxes | -2,245,250 | -5,018,000 | ||||||||||||||||||||||||||||||||||||||||||
(benefit from) / benefit from income taxes | -4,506,000 | |||||||||||||||||||||||||||||||||||||||||||
dividends paid to participating securities | -18,987,000 | |||||||||||||||||||||||||||||||||||||||||||
cash dividends declared per share | 0.36 | |||||||||||||||||||||||||||||||||||||||||||
other income / (expense) | 88,000 | |||||||||||||||||||||||||||||||||||||||||||
net income / (loss) attributable to common stockholders | 1,873,000 | -2,552,000 | 3,179,000 | |||||||||||||||||||||||||||||||||||||||||
net income / (loss) per share: | ||||||||||||||||||||||||||||||||||||||||||||
basic | 0.04 | -0.15 | 0.07 | |||||||||||||||||||||||||||||||||||||||||
diluted | 0.04 | -0.15 | 0.07 | |||||||||||||||||||||||||||||||||||||||||
other (expense) / income | -15,500 | -7,000 | -62,000 | |||||||||||||||||||||||||||||||||||||||||
net (loss) / income attributable to common stockholders | -16,478,000 | |||||||||||||||||||||||||||||||||||||||||||
net (loss) / income per share: | ||||||||||||||||||||||||||||||||||||||||||||
basic | -6.09 | |||||||||||||||||||||||||||||||||||||||||||
diluted | -6.09 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 497,449,000 | 960,584,000 | 1,066,583,000 | 1,024,862,000 | 1,186,195,000 | 1,220,701,000 | 1,170,605,000 | 1,104,539,000 | 747,877,000 | 696,983,000 | 679,969,000 | 627,041,000 | 606,428,000 | 622,165,000 | 621,347,000 | 643,380,000 | 671,753,000 | 710,621,000 | 700,307,000 | 662,682,000 | 642,172,000 | 253,459,000 | 247,176,000 | 205,827,000 | 171,732,000 | 119,629,000 | 164,323,000 | 150,851,000 | 122,442,000 | 146,061,000 | 124,243,000 | 105,959,000 | 96,798,000 | 96,329,000 | 84,640,000 | 68,916,000 | 63,150,000 | 140,634,000 | 135,050,000 | 134,164,000 | 135,845,000 | 128,358,000 | 126,601,000 | 20,883,000 |
accounts receivable | 141,221,000 | 141,852,000 | 110,984,000 | 122,254,000 | 118,757,000 | 126,082,000 | 120,977,000 | 123,551,000 | 128,451,000 | 130,626,000 | 110,267,000 | 123,285,000 | 125,885,000 | 124,283,000 | 118,833,000 | 108,256,000 | 103,067,000 | 105,548,000 | 90,624,000 | 92,612,000 | 88,406,000 | 83,326,000 | 81,883,000 | 76,591,000 | 81,894,000 | 76,373,000 | 64,897,000 | 60,021,000 | 56,123,000 | 49,510,000 | 55,461,000 | 52,553,000 | 43,634,000 | 40,634,000 | 41,201,000 | 41,986,000 | 38,889,000 | 29,810,000 | 28,734,000 | 27,502,000 | 23,532,000 | 21,348,000 | 21,746,000 | 23,568,000 |
inventory | 95,132,000 | 94,429,000 | 92,298,000 | 90,027,000 | 90,136,000 | 87,435,000 | 75,037,000 | 79,582,000 | 85,723,000 | 96,140,000 | 114,248,000 | 117,763,000 | 117,874,000 | 115,584,000 | 112,319,000 | 108,321,000 | 86,436,000 | 75,276,000 | 56,526,000 | 59,611,000 | 47,228,000 | 44,281,000 | 40,199,000 | 50,406,000 | 36,841,000 | 34,168,000 | 20,978,000 | 23,895,000 | 25,714,000 | 22,990,000 | 16,906,000 | 14,718,000 | 12,890,000 | 14,177,000 | 13,617,000 | 10,263,000 | 7,289,000 | 10,543,000 | 11,504,000 | 9,453,000 | 7,583,000 | 6,474,000 | 9,625,000 | 8,344,000 |
other current assets, net of allowance for credits losses of 749 as of march 31, 2026 and december 31, 2025 | 67,192,000 | |||||||||||||||||||||||||||||||||||||||||||
total current assets | 800,994,000 | 1,272,511,000 | 1,345,698,000 | 1,292,556,000 | 1,452,750,000 | 1,481,592,000 | 1,412,928,000 | 1,342,746,000 | 997,863,000 | 956,780,000 | 931,169,000 | 897,837,000 | 880,863,000 | 891,088,000 | 879,997,000 | 885,995,000 | 888,578,000 | 917,620,000 | 870,767,000 | 837,791,000 | 795,778,000 | 397,414,000 | 387,112,000 | 348,089,000 | 309,301,000 | 243,674,000 | 263,693,000 | 268,491,000 | 240,581,000 | 228,063,000 | 213,474,000 | 193,911,000 | 174,164,000 | 163,936,000 | 155,235,000 | 137,196,000 | 119,259,000 | 190,184,000 | 183,549,000 | 177,600,000 | 171,552,000 | 161,050,000 | 166,316,000 | 60,228,000 |
property and equipment | 62,819,000 | 64,799,000 | 67,438,000 | 70,839,000 | 68,661,000 | 63,205,000 | 64,180,000 | 54,784,000 | 55,365,000 | 54,164,000 | 55,862,000 | 56,832,000 | 57,100,000 | 57,172,000 | 59,483,000 | 60,680,000 | 39,969,000 | 41,713,000 | 42,412,000 | 44,481,000 | 45,103,000 | 44,796,000 | 42,639,000 | 40,627,000 | 39,467,000 | 38,548,000 | 32,332,000 | 29,774,000 | 29,366,000 | 27,757,000 | 28,349,000 | 26,587,000 | 25,228,000 | 23,459,000 | 23,399,000 | 22,610,000 | 20,788,000 | 20,180,000 | 17,645,000 | 17,361,000 | 17,494,000 | 15,446,000 | 12,040,000 | 8,409,000 |
intangible assets | 93,421,000 | 99,352,000 | 71,214,000 | 66,158,000 | 70,126,000 | 63,159,000 | 66,044,000 | 69,928,000 | 74,358,000 | 78,564,000 | 82,498,000 | 87,841,000 | 85,645,000 | 82,458,000 | 87,171,000 | 82,264,000 | 86,831,000 | 91,406,000 | 90,476,000 | 94,737,000 | 98,998,000 | 103,259,000 | 91,384,000 | 95,402,000 | 99,420,000 | 103,438,000 | 68,802,000 | 72,181,000 | 75,560,000 | 79,067,000 | 82,868,000 | 86,669,000 | 90,466,000 | 94,286,000 | 97,863,000 | 101,144,000 | 104,664,000 | 4,568,000 | 4,950,000 | 5,385,000 | 5,820,000 | 6,318,000 | 6,879,000 | 7,441,000 |
goodwill | 224,708,000 | 224,987,000 | 181,710,000 | 178,657,000 | 178,193,000 | 154,211,000 | 154,669,000 | 154,356,000 | 154,433,000 | 154,498,000 | 153,847,000 | 153,997,000 | 155,287,000 | 148,183,000 | 150,808,000 | 112,901,000 | 112,901,000 | 112,901,000 | 112,901,000 | 112,901,000 | 112,838,000 | 112,838,000 | 105,662,000 | 105,662,000 | 104,963,000 | 104,963,000 | 63,591,000 | 63,591,000 | 63,591,000 | 63,591,000 | 63,591,000 | 63,591,000 | 63,591,000 | 63,591,000 | 63,591,000 | 64,092,000 | 64,102,000 | 24,723,000 | 24,723,000 | 24,723,000 | 24,723,000 | 24,723,000 | 24,723,000 | 24,723,000 |
deferred tax assets | 149,463,000 | 152,255,000 | 160,883,000 | 195,270,000 | 188,387,000 | 181,284,000 | 180,168,000 | 172,421,000 | 145,258,000 | 131,815,000 | 126,800,000 | 121,207,000 | 111,232,000 | 84,185,000 | 69,117,000 | 51,638,000 | 39,554,000 | 13,547,000 | 11,430,000 | 12,049,000 | 7,088,000 | 21,692,000 | 20,749,000 | 21,554,000 | 17,964,000 | 19,137,000 | 27,450,000 | 29,579,000 | 28,817,000 | 28,952,000 | 26,596,000 | 18,826,000 | 17,285,000 | 18,444,000 | 27,273,000 | 23,746,000 | 22,036,000 | 16,752,000 | 14,255,000 | 12,913,000 | 12,168,000 | 11,915,000 | 3,809,000 | 4,062,000 |
operating lease right-of-use assets | 51,880,000 | 52,636,000 | 55,515,000 | 53,167,000 | 55,260,000 | 53,425,000 | 54,109,000 | 22,025,000 | 24,324,000 | 24,242,000 | 26,840,000 | 28,136,000 | 30,491,000 | 28,933,000 | 30,915,000 | 31,850,000 | 30,135,000 | 30,479,000 | 29,911,000 | 30,581,000 | 31,747,000 | 33,455,000 | 33,899,000 | 33,821,000 | 34,939,000 | 30,523,000 | 27,520,000 | 27,745,000 | 28,413,000 | |||||||||||||||
investments in unconsolidated entities | 219,850,000 | 226,931,000 | 197,696,000 | 198,609,000 | ||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 0 as of march 31, 2026 and december 31, 2025 | 40,502,000 | |||||||||||||||||||||||||||||||||||||||||||
total assets | 1,643,637,000 | 2,136,591,000 | 2,123,590,000 | 2,098,054,000 | 2,077,431,000 | 2,038,208,000 | 1,970,998,000 | 1,855,247,000 | 1,486,982,000 | 1,439,563,000 | 1,411,497,000 | 1,382,720,000 | 1,357,530,000 | 1,329,375,000 | 1,309,773,000 | 1,255,541,000 | 1,224,790,000 | 1,232,015,000 | 1,181,754,000 | 1,156,791,000 | 1,114,545,000 | 731,687,000 | 698,045,000 | 662,645,000 | 624,075,000 | 557,799,000 | 501,006,000 | 505,421,000 | 479,902,000 | 440,985,000 | 427,360,000 | 402,796,000 | 380,043,000 | 371,641,000 | 374,658,000 | 356,241,000 | 335,640,000 | 261,245,000 | 250,348,000 | 241,930,000 | 235,868,000 | 226,095,000 | 223,125,000 | 119,222,000 |
liabilities, redeemable noncontrolling interests and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other current liabilities | 106,522,000 | 107,195,000 | 101,332,000 | 114,632,000 | 136,152,000 | 139,427,000 | 115,085,000 | 96,075,000 | 137,551,000 | 124,475,000 | 122,552,000 | 120,792,000 | 120,634,000 | 119,657,000 | 106,653,000 | 100,983,000 | 73,615,000 | 89,816,000 | 62,966,000 | 68,138,000 | 60,908,000 | 53,927,000 | 50,029,000 | 63,702,000 | 53,089,000 | 48,727,000 | 33,566,000 | 61,297,000 | 57,155,000 | 58,430,000 | 57,994,000 | 32,130,000 | 26,849,000 | 29,084,000 | 35,157,000 | 36,465,000 | 31,829,000 | 28,300,000 | 27,541,000 | 27,330,000 | 26,658,000 | 19,276,000 | 24,226,000 | 24,254,000 |
accrued compensation | 23,021,000 | 31,126,000 | 29,023,000 | 26,594,000 | 21,381,000 | 28,739,000 | 27,578,000 | 24,920,000 | 20,418,000 | 28,626,000 | 26,491,000 | 23,224,000 | 19,577,000 | 25,582,000 | 24,585,000 | 21,655,000 | 17,560,000 | 23,495,000 | 21,442,000 | 19,531,000 | 14,846,000 | 22,307,000 | 18,918,000 | 16,327,000 | 11,739,000 | 16,342,000 | 13,392,000 | 11,810,000 | 8,563,000 | 13,484,000 | 11,473,000 | 10,056,000 | 7,211,000 | 12,127,000 | 10,857,000 | 8,873,000 | 6,230,000 | 8,814,000 | 7,550,000 | 6,065,000 | 4,335,000 | 7,514,000 | 6,905,000 | 5,596,000 |
deferred revenue | 18,088,000 | 16,428,000 | 14,387,000 | 13,744,000 | 13,927,000 | 12,940,000 | 13,114,000 | 12,181,000 | 11,125,000 | 10,193,000 | 10,336,000 | 9,671,000 | 8,776,000 | 7,540,000 | 7,879,000 | 6,959,000 | 5,840,000 | 5,697,000 | 7,037,000 | 6,301,000 | 5,283,000 | 4,037,000 | 4,411,000 | 3,542,000 | 4,028,000 | 3,043,000 | 3,063,000 | 3,560,000 | 3,698,000 | 3,356,000 | 3,539,000 | 3,460,000 | 3,281,000 | 3,292,000 | 3,115,000 | 2,885,000 | 2,944,000 | 2,585,000 | 2,122,000 | 2,418,000 | 2,350,000 | 2,289,000 | 2,372,000 | 1,808,000 |
convertible senior notes | 499,867,000 | 499,068,000 | 498,271,000 | 497,475,000 | 983,477,000 | 981,977,000 | 980,492,000 | 494,305,000 | 493,515,000 | 492,727,000 | 491,940,000 | 490,370,000 | 489,586,000 | 488,804,000 | 488,024,000 | 425,345,000 | 421,112,000 | 416,921,000 | 412,772,000 | |||||||||||||||||||||||||
operating lease liabilities | 7,624,000 | 8,524,000 | 10,201,000 | 9,015,000 | 8,493,000 | 7,700,000 | 7,305,000 | 12,039,000 | 12,101,000 | 12,043,000 | 12,538,000 | 12,242,000 | 12,243,000 | 12,157,000 | 12,024,000 | 11,789,000 | 10,454,000 | 10,331,000 | 10,242,000 | 10,132,000 | 10,036,000 | 9,973,000 | 9,470,000 | 9,198,000 | 8,803,000 | 7,683,000 | 6,684,000 | 6,549,000 | 6,227,000 | |||||||||||||||
total current liabilities | 155,255,000 | 663,140,000 | 654,011,000 | 662,256,000 | 677,428,000 | 188,806,000 | 163,082,000 | 145,215,000 | 181,195,000 | 175,337,000 | 171,917,000 | 165,929,000 | 161,230,000 | 164,936,000 | 151,141,000 | 141,386,000 | 107,469,000 | 129,339,000 | 101,687,000 | 104,102,000 | 91,073,000 | 90,244,000 | 82,828,000 | 92,769,000 | 77,659,000 | 75,795,000 | 56,705,000 | 83,216,000 | 75,643,000 | 75,270,000 | 73,006,000 | 45,646,000 | 37,341,000 | 44,503,000 | 49,129,000 | 48,223,000 | 41,003,000 | 39,699,000 | 37,213,000 | 35,813,000 | 33,343,000 | 29,079,000 | 33,503,000 | 31,658,000 |
convertible senior notes, net, noncurrent | 490,365,000 | 489,641,000 | 488,922,000 | 488,208,000 | 487,500,000 | |||||||||||||||||||||||||||||||||||||||
other liabilities | 11,732,000 | 11,735,000 | 14,741,000 | 14,498,000 | 16,810,000 | 15,479,000 | 14,880,000 | 14,314,000 | 11,703,000 | 12,697,000 | 13,065,000 | 15,511,000 | 13,345,000 | 13,050,000 | 11,611,000 | 6,047,000 | 9,480,000 | 9,545,000 | 8,530,000 | 8,550,000 | 7,451,000 | 6,811,000 | 7,724,000 | 7,426,000 | 7,888,000 | 7,489,000 | 1,884,000 | 1,854,000 | 1,620,000 | 13,306,000 | 13,278,000 | 13,441,000 | 13,592,000 | 13,925,000 | 14,028,000 | 14,216,000 | 12,491,000 | 13,557,000 | 12,138,000 | 11,871,000 | 11,500,000 | 10,484,000 | 7,487,000 | 3,252,000 |
total liabilities | 739,847,000 | 1,245,581,000 | 1,240,316,000 | 1,246,121,000 | 1,265,243,000 | 1,266,915,000 | 1,240,087,000 | 1,171,845,000 | 721,176,000 | 714,709,000 | 713,457,000 | 710,621,000 | 706,309,000 | 706,528,000 | 692,968,000 | 678,131,000 | 646,516,000 | 605,960,000 | 572,691,000 | 571,982,000 | 555,160,000 | 253,244,000 | 248,618,000 | 258,676,000 | 246,885,000 | 190,938,000 | 164,840,000 | 192,993,000 | 187,406,000 | 163,396,000 | 162,619,000 | 136,598,000 | 129,785,000 | 138,814,000 | 144,744,000 | 144,955,000 | 137,233,000 | 69,996,000 | 66,048,000 | 64,348,000 | 61,420,000 | 55,964,000 | 57,321,000 | 51,061,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 43,978,000 | 42,847,000 | 56,084,000 | 54,588,000 | 52,585,000 | 44,747,000 | 40,610,000 | 37,933,000 | 37,712,000 | 36,308,000 | 30,342,000 | 27,868,000 | 25,840,000 | 23,988,000 | 23,029,000 | |||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value... | ||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value... | 538,000 | 536,000 | 533,000 | 531,000 | 529,000 | 528,000 | 525,000 | 523,000 | 521,000 | 519,000 | 517,000 | 515,000 | 513,000 | 510,000 | 508,000 | 507,000 | 505,000 | 504,000 | 501,000 | 500,000 | 498,000 | 496,000 | 493,000 | 491,000 | 488,000 | 487,000 | 486,000 | 485,000 | 482,000 | 481,000 | 480,000 | 477,000 | 473,000 | 472,000 | 471,000 | 467,000 | 463,000 | 461,000 | 459,000 | 456,000 | 456,000 | 455,000 | 454,000 | 28,000 |
additional paid-in capital | 558,532,000 | 549,913,000 | 544,699,000 | 537,865,000 | 530,528,000 | 521,192,000 | 514,320,000 | 506,850,000 | 547,832,000 | 531,734,000 | 529,070,000 | 518,249,000 | 509,132,000 | 497,199,000 | 483,225,000 | 468,698,000 | 453,084,000 | 498,979,000 | 492,135,000 | 481,937,000 | 471,748,000 | 405,831,000 | 392,765,000 | 383,388,000 | 373,349,000 | 365,627,000 | 359,178,000 | 353,131,000 | 346,998,000 | 341,139,000 | 336,220,000 | 330,028,000 | 324,825,000 | 321,032,000 | 318,440,000 | 314,919,000 | 311,909,000 | 308,697,000 | 304,726,000 | 300,578,000 | 299,359,000 | 297,781,000 | 296,444,000 | |
treasury stock | -247,847,000 | -227,852,000 | -208,710,000 | -196,458,000 | -191,350,000 | -186,291,000 | -186,291,000 | -186,291,000 | -111,291,000 | -111,291,000 | -96,847,000 | -90,719,000 | -83,993,000 | -83,993,000 | -57,015,000 | -56,648,000 | -28,480,000 | -5,149,000 | -5,149,000 | -5,149,000 | -5,149,000 | -5,149,000 | -5,149,000 | -5,149,000 | -5,149,000 | -42,000 | -42,000 | -42,000 | -42,000 | |||||||||||||||
accumulated other comprehensive income | 2,130,000 | 2,690,000 | 2,526,000 | 2,603,000 | 1,644,000 | 815,000 | 1,773,000 | 1,095,000 | 1,251,000 | 1,398,000 | 76,000 | 828,000 | 170,000 | |||||||||||||||||||||||||||||||
retained earnings | 546,459,000 | 522,876,000 | 488,142,000 | 452,804,000 | 418,252,000 | 390,302,000 | 359,974,000 | 323,292,000 | 289,781,000 | 266,186,000 | 234,882,000 | 215,358,000 | 199,559,000 | 185,143,000 | 167,058,000 | 148,726,000 | 137,884,000 | 118,833,000 | 109,687,000 | 96,149,000 | 81,404,000 | |||||||||||||||||||||||
total stockholders’ equity | 859,812,000 | 848,163,000 | 827,190,000 | 797,345,000 | 759,603,000 | 726,546,000 | 690,301,000 | 645,469,000 | 728,094,000 | 688,546,000 | 667,698,000 | 644,231,000 | 625,381,000 | 598,859,000 | 593,776,000 | 561,283,000 | 562,993,000 | 613,167,000 | 597,174,000 | 573,437,000 | 548,501,000 | 467,752,000 | 438,716,000 | 393,253,000 | 366,216,000 | 355,651,000 | 336,166,000 | 312,428,000 | 292,496,000 | 277,589,000 | 264,741,000 | 266,198,000 | 250,258,000 | 232,827,000 | 229,914,000 | 211,286,000 | 198,407,000 | 191,249,000 | 184,300,000 | 177,582,000 | 174,448,000 | |||
total liabilities, redeemable noncontrolling interests and stockholders’ equity | 1,643,637,000 | 2,136,591,000 | 2,123,590,000 | 2,098,054,000 | 2,077,431,000 | 2,038,208,000 | 1,970,998,000 | 1,855,247,000 | 1,486,982,000 | 1,439,563,000 | 1,411,497,000 | 1,382,720,000 | 1,357,530,000 | 1,329,375,000 | 1,309,773,000 | |||||||||||||||||||||||||||||
other current assets, net of allowance for credits losses of 749 and 0 as of december 31, 2025 and 2024, respectively | 75,646,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 0 and 1 as of december 31, 2025 and 2024, respectively | 43,120,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credits losses of 749 and 0 as of september 30, 2025 and december 31, 2024, respectively | 75,833,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 0 and 1 as of september 30, 2025 and december 31, 2024, respectively | 43,436,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credits losses of 749 and 0 as of june 30, 2025 and december 31, 2024, respectively | 55,413,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 1 as of june 30, 2025 and december 31, 2024 | 42,798,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets | 57,662,000 | 47,374,000 | 46,309,000 | 35,074,000 | 35,812,000 | 33,031,000 | 13,504,000 | 13,495,000 | 33,724,000 | 36,302,000 | 9,502,000 | 16,864,000 | 20,681,000 | 20,842,000 | 12,796,000 | 15,777,000 | 16,031,000 | 9,931,000 | 9,197,000 | 8,261,000 | 6,481,000 | 4,592,000 | 4,870,000 | 4,535,000 | 3,371,000 | |||||||||||||||||||
other assets, net of allowance for credit losses of 1 as of march 31, 2025 and december 31, 2024 | 64,054,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 1 and 5 as of december 31, 2024 and 2023, respectively | 41,332,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 1 and 5 as of september 30, 2024 and december 31, 2023, respectively | 38,900,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 1 and 5 as of june 30, 2024 and december 31, 2023, respectively | 38,987,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 4,003 and 5 as of march 31, 2024 and december 31, 2023, respectively | 35,381,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 5 and 2 as of december 31, 2023 and 2022, respectively | 39,500,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 0 as of september 30, 2023 and december 31, 2022 | 26,685,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 2 as of september 30, 2023 and december 31, 2022 | 34,481,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 0 as of june 30, 2023 and december 31, 2022 | 29,748,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 2 as of june 30, 2023 and december 31, 2022 | 36,870,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 0 as of march 31, 2023 and december 31, 2022 | 30,676,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 2 as of march 31, 2023 and december 31, 2022 | 36,912,000 | |||||||||||||||||||||||||||||||||||||||||||
convertible senior notes, net and other long-term debt | 492,000,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 0 and 2, as of december 31, 2022 and 2021, respectively | 29,056,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 2 and 78, as of december 31, 2022 and 2021, respectively | 37,356,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of zero and 2 as of september 30, 2022 and december 31, 2021, respectively | 27,498,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 3 and 78 as of september 30, 2022 and december 31, 2021, respectively | 32,282,000 | |||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable noncontrolling interest and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 1 and 2 as of june 30, 2022 and december 31, 2021, respectively | 26,038,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 1 and 78 as of june 30, 2022 and december 31, 2021, respectively | 30,213,000 | |||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interest | 16,127,000 | 15,281,000 | 12,888,000 | 11,889,000 | 11,372,000 | 10,884,000 | 10,691,000 | 10,711,000 | 10,716,000 | 10,974,000 | 11,210,000 | |||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interest and stockholders’ equity | 1,255,541,000 | 1,224,790,000 | 1,232,015,000 | 1,181,754,000 | 1,156,791,000 | 1,114,545,000 | 731,687,000 | 698,045,000 | 662,645,000 | 624,075,000 | 557,799,000 | |||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 1 and 2 as of march 31, 2022 and december 31, 2021, respectively | 27,322,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 1 and 78 as of march 31, 2022 and december 31, 2021, respectively | 26,822,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 2 and 17, respectively | 26,175,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 78 and 72, respectively | 24,349,000 | |||||||||||||||||||||||||||||||||||||||||||
long-term debt | 110,000,000 | 111,000,000 | 112,000,000 | 113,000,000 | 63,000,000 | 64,000,000 | 65,000,000 | 66,000,000 | 67,000,000 | 68,000,000 | 69,000,000 | 70,000,000 | 71,000,000 | 72,000,000 | 72,700,000 | 73,700,000 | 6,700,000 | 6,700,000 | 6,700,000 | 6,700,000 | 6,700,000 | 6,700,000 | 6,700,000 | |||||||||||||||||||||
other current assets, net of allowance for credit losses of 3 and 17, respectively | 23,310,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 76 and 72, respectively | 23,857,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 5 and 17, respectively | 22,886,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 73 and 72, respectively | 24,251,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 6 and 17, respectively | 17,972,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 72 and 72, respectively | 22,993,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 17 and 16, respectively | 16,348,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 72 and 0, respectively | 18,233,000 | |||||||||||||||||||||||||||||||||||||||||||
retained earnings / | 66,574,000 | 50,607,000 | 14,523,000 | |||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 30 and 16, respectively | 17,854,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 66 and 0, respectively | 16,600,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 35 and 16, respectively | 15,265,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 48 and 0, respectively | 17,490,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets, net of allowance for credit losses of 39 and 16, respectively | 18,834,000 | |||||||||||||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 77 and 0, respectively | 18,021,000 | |||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -2,472,000 | -10,463,000 | -23,498,000 | -41,188,000 | -54,984,000 | -64,031,000 | -71,959,000 | -64,307,000 | -75,040,000 | -88,677,000 | -88,997,000 | -104,100,000 | -113,965,000 | -117,909,000 | -120,885,000 | -123,452,000 | -125,325,000 | -128,063,000 | -131,052,000 | -134,281,000 | ||||||||||||||||||||||||
other assets | 17,516,000 | 17,618,000 | 14,060,000 | 13,574,000 | 13,555,000 | 12,482,000 | 13,212,000 | 9,309,000 | 7,925,000 | 7,297,000 | 7,453,000 | 4,791,000 | 4,838,000 | 5,226,000 | 3,948,000 | 4,111,000 | 6,643,000 | 6,452,000 | 11,995,000 | |||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 501,006,000 | 505,421,000 | 479,902,000 | 440,985,000 | 427,360,000 | 402,796,000 | 380,043,000 | 371,641,000 | 374,658,000 | 356,241,000 | 335,640,000 | 261,245,000 | 250,348,000 | 241,930,000 | 235,868,000 | |||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ equity / | ||||||||||||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock | ||||||||||||||||||||||||||||||||||||||||||||
series b redeemable convertible preferred stock, 0.001 par value... | 136,523,000 | |||||||||||||||||||||||||||||||||||||||||||
series b-1 redeemable convertible preferred stock, 0.001 par value... | 6,265,000 | |||||||||||||||||||||||||||||||||||||||||||
series a redeemable convertible preferred stock, 0.001 par value... | 59,668,000 | |||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity / | ||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity / | 170,131,000 | 165,804,000 | ||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ equity / | 226,095,000 | 223,125,000 | ||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||
stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -134,295,000 | |||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ deficit | 119,222,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net income | 23,382,000 | 34,599,000 | 35,100,000 | 34,217,000 | 27,712,000 | 30,133,000 | 36,456,000 | 32,520,000 | 23,404,000 | 31,171,000 | 19,351,000 | 15,611,000 | 14,207,000 | 17,790,000 | 18,110,000 | 10,828,000 | 8,903,000 | 8,841,000 | 13,294,000 | 14,490,000 | 14,550,000 | 15,639,000 | 35,825,000 | 16,625,000 | 8,571,000 | 12,834,000 | 17,690,000 | 13,796,000 | 9,010,000 | 7,928,000 | -7,652,000 | 10,733,000 | 10,515,000 | 320,000 | 15,103,000 | 9,865,000 | 3,963,000 | 2,976,000 | 2,567,000 | 1,873,000 | 2,738,000 | 2,989,000 | 3,229,000 |
adjustments to reconcile net income to net cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||
provision for credit losses on accounts receivable | 1,167,000 | 756,000 | -153,000 | 575,000 | 977,000 | 420,000 | 173,000 | 103,000 | 254,000 | 806,000 | 76,000 | 540,000 | 493,000 | 54,000 | 118,000 | 32,000 | -920,000 | 1,885,000 | |||||||||||||||||||||||||
reserve for product returns | 381,000 | 627,000 | 1,333,000 | 686,000 | 425,000 | 515,000 | 650,000 | 873,000 | 1,149,000 | 1,420,000 | 481,000 | 1,347,000 | 1,151,000 | 1,025,000 | 2,006,000 | 917,000 | 798,000 | 866,000 | 499,000 | 555,000 | 574,000 | 304,000 | 491,000 | 709,000 | 291,000 | -18,000 | -61,000 | 76,000 | -120,000 | 63,000 | 36,000 | 323,000 | 588,000 | 590,000 | 554,000 | 534,000 | 529,000 | 535,000 | 473,000 | 411,000 | 385,000 | ||
amortization and depreciation | 9,092,000 | 8,468,000 | 7,793,000 | 7,534,000 | 7,024,000 | 7,102,000 | 7,612,000 | 7,080,000 | 7,337,000 | 7,943,000 | 7,948,000 | 7,860,000 | 7,673,000 | 7,747,000 | 7,587,000 | 7,775,000 | 7,761,000 | 7,386,000 | 7,467,000 | 7,477,000 | 7,385,000 | 7,497,000 | 6,878,000 | 6,723,000 | 6,422,000 | 6,301,000 | 5,467,000 | 5,138,000 | 5,228,000 | 5,567,000 | 5,891,000 | 5,238,000 | 5,025,000 | 4,953,000 | 5,071,000 | 4,846,000 | 2,864,000 | 1,627,000 | 1,659,000 | 1,613,000 | 1,591,000 | 1,438,000 | 1,504,000 |
amortization of debt issuance costs | 857,000 | 1,518,000 | 1,511,000 | 1,504,000 | 1,498,000 | 1,500,000 | 1,485,000 | 1,021,000 | 790,000 | 787,000 | 786,000 | 784,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 23,000 | 24,000 | 23,000 | 24,000 | 25,000 | 28,000 | 26,000 | 27,000 | 27,000 | |||||||||
amortization of operating leases | 3,726,000 | 3,724,000 | 3,828,000 | 3,926,000 | 3,903,000 | 3,659,000 | 3,472,000 | 2,977,000 | 2,976,000 | 2,944,000 | 2,919,000 | 2,871,000 | 2,750,000 | 2,732,000 | 2,702,000 | 2,592,000 | 2,473,000 | 2,519,000 | 2,478,000 | 2,357,000 | 2,338,000 | 2,326,000 | 2,328,000 | 2,189,000 | 2,045,000 | ||||||||||||||||||
deferred income taxes | 2,792,000 | 11,261,000 | 34,386,000 | -6,882,000 | -8,791,000 | -1,757,000 | -7,747,000 | -11,549,000 | -13,443,000 | -5,118,000 | -5,742,000 | -9,975,000 | -26,895,000 | -12,473,000 | -19,832,000 | -12,084,000 | -10,650,000 | -4,197,000 | 1,225,000 | -3,965,000 | -3,178,000 | -1,776,000 | 1,046,000 | -3,853,000 | 1,327,000 | 1,097,000 | 2,129,000 | -762,000 | 135,000 | -2,374,000 | -7,770,000 | -1,542,000 | 204,000 | 8,848,000 | -3,527,000 | -1,710,000 | -1,123,000 | -2,497,000 | -1,342,000 | -745,000 | -253,000 | -1,392,000 | -35,000 |
stock-based compensation | 8,049,000 | 6,577,000 | 8,221,000 | 8,934,000 | 9,458,000 | 9,567,000 | 9,194,000 | 11,213,000 | 11,268,000 | 10,860,000 | 11,806,000 | 11,931,000 | 12,686,000 | 14,601,000 | 13,154,000 | 12,789,000 | 12,110,000 | 11,332,000 | 9,418,000 | 10,056,000 | 7,888,000 | 8,275,000 | 7,448,000 | 7,095,000 | 6,358,000 | 5,882,000 | 5,035,000 | 5,420,000 | 4,266,000 | 3,759,000 | 3,457,000 | 3,544,000 | 2,669,000 | 2,279,000 | 1,906,000 | 1,915,000 | 1,313,000 | 1,121,000 | 1,086,000 | 942,000 | 852,000 | 1,149,000 | 809,000 |
distributions on investments in unconsolidated entities | 2,668,000 | 3,749,000 | |||||||||||||||||||||||||||||||||||||||||
loss from investments in unconsolidated entities | 3,620,000 | 1,141,000 | 2,313,000 | ||||||||||||||||||||||||||||||||||||||||
other adjustments | 305,000 | ||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -904,000 | -27,351,000 | 10,071,000 | -4,709,000 | 6,283,000 | -6,154,000 | 1,757,000 | 3,842,000 | 826,000 | -21,584,000 | 11,631,000 | 1,260,000 | -1,843,000 | -6,025,000 | -13,351,000 | -6,599,000 | 1,629,000 | -15,252,000 | 1,876,000 | -4,880,000 | -5,685,000 | -2,967,000 | -4,582,000 | 5,515,000 | -8,064,000 | -6,269,000 | -5,077,000 | -4,174,000 | -6,753,000 | 5,847,000 | -2,995,000 | -9,137,000 | -3,013,000 | -569,000 | 656,000 | -3,578,000 | 1,580,000 | -1,844,000 | -1,915,000 | -4,610,000 | -2,812,000 | 133,000 | 1,404,000 |
inventory | -776,000 | -2,117,000 | -1,941,000 | 315,000 | -1,859,000 | -12,637,000 | 4,711,000 | 6,102,000 | 10,382,000 | 18,211,000 | 3,273,000 | -900,000 | 377,000 | -3,265,000 | -3,998,000 | -21,884,000 | -11,161,000 | -18,824,000 | 2,711,000 | -12,383,000 | -2,947,000 | -3,438,000 | 9,029,000 | -13,565,000 | -2,673,000 | -8,503,000 | 2,917,000 | 1,819,000 | -2,724,000 | -6,084,000 | -2,188,000 | -1,828,000 | 1,287,000 | -560,000 | -3,354,000 | -2,974,000 | 3,553,000 | 962,000 | -2,052,000 | -1,869,000 | -1,109,000 | 3,102,000 | -1,308,000 |
other current and non-current assets | 6,758,000 | -1,106,000 | -15,126,000 | 4,036,000 | -8,768,000 | 2,337,000 | -5,635,000 | 1,563,000 | -962,000 | -7,761,000 | 5,991,000 | 1,121,000 | -689,000 | -1,509,000 | -4,958,000 | 740,000 | -3,225,000 | -3,544,000 | -237,000 | -6,397,000 | -1,734,000 | 2,866,000 | -2,279,000 | 2,838,000 | -6,108,000 | 3,926,000 | -2,104,000 | -2,342,000 | -2,367,000 | ||||||||||||||
accounts payable and other current liabilities | -8,373,000 | 1,802,000 | -8,579,000 | -26,962,000 | -12,749,000 | ||||||||||||||||||||||||||||||||||||||
deferred revenue | 1,959,000 | -1,148,000 | 722,000 | -283,000 | 965,000 | -452,000 | 1,104,000 | 1,695,000 | 1,327,000 | 46,000 | 1,402,000 | 1,206,000 | 1,899,000 | -103,000 | 1,127,000 | 1,622,000 | 782,000 | -1,240,000 | 1,058,000 | 1,363,000 | 1,127,000 | -343,000 | 1,335,000 | -565,000 | 1,604,000 | -414,000 | -957,000 | -556,000 | 360,000 | -698,000 | -97,000 | -162,000 | -545,000 | -24,000 | 2,000 | -282,000 | -213,000 | 506,000 | -263,000 | 156,000 | 237,000 | -14,000 | 744,000 |
operating lease liabilities | -4,072,000 | 20,000 | -3,491,000 | -2,919,000 | -3,474,000 | -3,296,000 | -2,420,000 | -3,530,000 | -3,221,000 | -3,618,000 | -3,533,000 | -3,434,000 | -3,362,000 | -3,333,000 | -3,290,000 | -3,125,000 | -2,975,000 | -3,064,000 | -3,068,000 | -2,905,000 | -2,772,000 | -2,750,000 | -2,699,000 | -2,469,000 | -2,259,000 | -7,587,000 | -77,000 | ||||||||||||||||
other liabilities | 4,000 | -1,609,000 | -1,256,000 | 664,000 | -737,000 | 423,000 | 511,000 | 3,783,000 | -1,007,000 | -293,000 | 315,000 | 591,000 | -3,511,000 | 1,469,000 | 1,005,000 | -329,000 | -65,000 | 2,244,000 | -626,000 | 103,000 | 162,000 | -415,000 | 58,000 | -898,000 | 812,000 | 215,000 | 30,000 | 852,000 | -694,000 | -317,000 | -957,000 | -150,000 | -334,000 | -123,000 | -198,000 | 1,701,000 | -1,066,000 | 1,424,000 | 224,000 | 501,000 | 1,076,000 | 3,647,000 | 3,944,000 |
cash flows from operating activities | 50,635,000 | 35,929,000 | 70,628,000 | 22,716,000 | 24,057,000 | 56,260,000 | 77,337,000 | 22,963,000 | 49,853,000 | 39,872,000 | 62,826,000 | 36,788,000 | -3,521,000 | 34,446,000 | 10,197,000 | 19,963,000 | 37,886,000 | 24,076,000 | 21,232,000 | 35,410,000 | 18,622,000 | 35,148,000 | 12,900,000 | 23,265,000 | 980,000 | 25,732,000 | 19,774,000 | 11,684,000 | 3,520,000 | 18,642,000 | 13,809,000 | 11,767,000 | 12,969,000 | 8,694,000 | 1,325,000 | 561,000 | 6,920,000 | 5,961,000 | 13,460,000 | ||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||
business acquisitions, net of cash acquired | 0 | 0 | 0 | -154,289,000 | |||||||||||||||||||||||||||||||||||||||
additions to property and equipment | -912,000 | -860,000 | -4,754,000 | -4,552,000 | -6,115,000 | -2,268,000 | -2,807,000 | -1,992,000 | -3,066,000 | -2,168,000 | -1,956,000 | -995,000 | -2,398,000 | -556,000 | -1,782,000 | -24,131,000 | -2,171,000 | -2,123,000 | -1,558,000 | -3,312,000 | -4,069,000 | -5,464,000 | -3,561,000 | -3,397,000 | -3,719,000 | -8,664,000 | -4,952,000 | -2,746,000 | -2,962,000 | -1,698,000 | -3,186,000 | -3,084,000 | -3,047,000 | -2,812,000 | -1,938,000 | -3,077,000 | -2,637,000 | -2,945,000 | -1,546,000 | -2,026,000 | -2,538,000 | -3,827,000 | -4,508,000 |
issuances of notes receivable | -1,462,000 | -950,000 | -805,000 | -2,000,000 | -21,500,000 | 0 | 0 | 0 | -500,000 | -150,000 | 0 | 0 | -300,000 | 0 | 0 | -20,061,000 | -3,000,000 | -1,000,000 | -3,000,000 | -1,000,000 | -3,000,000 | 0 | 0 | -73,000 | -89,000 | -98,000 | |||||||||||||||||
receipt of payments on notes receivable | 41,000 | 12,000 | 37,000 | 20,000 | 29,000 | 13,000 | 12,000 | 13,000 | 13,000 | 15,000 | 12,000 | 15,000 | 13,000 | 12,000 | 17,000 | 16,000 | 16,000 | 17,000 | 37,000 | 3,000 | 2,000 | ||||||||||||||||||||||
capitalized software development costs | -212,000 | -275,000 | -274,000 | -350,000 | -408,000 | -515,000 | -496,000 | -224,000 | -408,000 | -428,000 | -200,000 | 247,000 | -362,000 | ||||||||||||||||||||||||||||||
proceeds from sale of investments in unconsolidated entities | 6,012,000 | 1,599,000 | |||||||||||||||||||||||||||||||||||||||||
purchase of investments in unconsolidated entities | -1,062,000 | -30,823,000 | -357,000 | ||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities | 2,405,000 | -108,479,000 | -17,015,000 | -177,809,000 | -55,179,000 | -8,128,000 | -7,394,000 | -5,198,000 | -3,961,000 | -4,231,000 | -2,144,000 | -6,648,000 | -12,943,000 | -5,694,000 | -33,495,000 | -26,975,000 | -2,155,000 | -3,309,000 | -9,067,000 | -32,510,000 | 21,542,000 | -2,293,000 | -7,013,000 | -67,525,000 | 12,480,000 | 4,654,000 | -23,023,000 | -4,060,000 | -3,186,000 | -3,084,000 | -3,047,000 | -5,812,000 | -157,926,000 | -5,945,000 | |||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||
repayments of convertible senior notes | -500,000,000 | ||||||||||||||||||||||||||||||||||||||||||
payments of deferred consideration for acquisitions | -300,000 | 0 | 0 | 0 | -2,700,000 | 0 | -17,000 | ||||||||||||||||||||||||||||||||||||
purchases of treasury stock, including transaction costs | -19,995,000 | -19,142,000 | -12,252,000 | -5,108,000 | -5,059,000 | 0 | 0 | -14,444,000 | -6,128,000 | ||||||||||||||||||||||||||||||||||
issuances of common stock from equity-based plans | 2,059,000 | 1,035,000 | 1,126,000 | 731,000 | 1,583,000 | 2,144,000 | 1,106,000 | 378,000 | 6,356,000 | 469,000 | 1,616,000 | 202,000 | 1,311,000 | 629,000 | 1,728,000 | 583,000 | 1,080,000 | 1,295,000 | 1,542,000 | 878,000 | 1,989,000 | 5,102,000 | 2,185,000 | 3,059,000 | 1,365,000 | 566,000 | 1,602,000 | 1,078,000 | 473,000 | 775,000 | 56,000 | 371,000 | |||||||||||
cash flows from financing activities | -518,236,000 | 2,144,000 | -2,482,000 | 340,412,000 | 6,356,000 | -7,156,000 | -8,931,000 | 842,000 | -3,181,000 | 1,260,000 | -257,000 | 376,548,000 | 3,383,000 | 1,185,000 | 1,240,000 | 46,216,000 | 12,000 | -299,000 | 591,000 | 146,000 | 1,696,000 | -1,141,000 | 895,000 | 76,000 | 67,473,000 | 2,835,000 | |||||||||||||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | -36,000 | -6,000 | 23,000 | -66,000 | -118,000 | 181,000 | -157,000 | 47,000 | -180,000 | 123,000 | 67,000 | -137,000 | 13,000 | ||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -465,232,000 | -15,609,000 | |||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of the period | 968,807,000 | 0 | 0 | 0 | 1,229,132,000 | 0 | 0 | 0 | 701,079,000 | 0 | 0 | 0 | 622,879,000 | 0 | 0 | 0 | 710,621,000 | ||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of the period | 503,575,000 | -106,092,000 | 41,760,000 | -161,277,000 | 1,194,416,000 | 50,457,000 | 67,304,000 | 358,224,000 | 753,147,000 | 19,144,000 | 53,593,000 | 21,072,000 | 607,270,000 | 903,000 | -21,937,000 | -28,341,000 | 672,254,000 | ||||||||||||||||||||||||||
reconciliation of cash, cash equivalents and restricted cash: | |||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 497,449,000 | 41,721,000 | -161,333,000 | 1,186,195,000 | 66,066,000 | 356,662,000 | 747,877,000 | 52,928,000 | 20,613,000 | 606,428,000 | -22,033,000 | -28,373,000 | 671,753,000 | ||||||||||||||||||||||||||||||
restricted cash included in other current assets and other assets | 6,126,000 | 39,000 | 56,000 | 8,221,000 | 1,238,000 | 1,562,000 | 5,270,000 | 665,000 | 459,000 | 842,000 | |||||||||||||||||||||||||||||||||
total cash, cash equivalents and restricted cash | 503,575,000 | 41,760,000 | -161,277,000 | 1,194,416,000 | 67,304,000 | 358,224,000 | 753,147,000 | 53,593,000 | 21,072,000 | 607,270,000 | -21,937,000 | -28,341,000 | 672,254,000 | ||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||
provision for credit losses on notes receivable | 0 | -1,000 | 0 | -2,000 | 3,998,000 | -349,000 | |||||||||||||||||||||||||||||||||||||
gain on from investments in unconsolidated entities | |||||||||||||||||||||||||||||||||||||||||||
purchases of other intangible assets | -1,000 | ||||||||||||||||||||||||||||||||||||||||||
cash flows (used in) / from financing activities: | |||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes | 0 | 0 | 0 | 0 | 0 | 500,000,000 | |||||||||||||||||||||||||||||||||||||
payments of debt issuance costs | 0 | -888,000 | 0 | 0 | -407,000 | -15,291,000 | 0 | ||||||||||||||||||||||||||||||||||||
purchases of capped calls related to convertible senior notes | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
purchases of redeemable noncontrolling interest | -15,429,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||
payments of acquired debt | -24,000 | -2,627,000 | 80,000 | -469,000 | |||||||||||||||||||||||||||||||||||||||
payments of tax withholdings related to vesting of restricted stock units | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
cash flows (used in) / from financing activities | -33,536,000 | -11,876,000 | -6,118,000 | -3,476,000 | -27,849,000 | 1,361,000 | -27,585,000 | -22,251,000 | -4,000 | ||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | -106,092,000 | 41,760,000 | -161,277,000 | -34,716,000 | 50,457,000 | 67,304,000 | 358,224,000 | 52,068,000 | 19,144,000 | 53,593,000 | 903,000 | -21,937,000 | -28,341,000 | -38,367,000 | |||||||||||||||||||||||||||||
amortization on patents and tooling | 185,000 | 179,000 | 178,000 | 190,000 | 240,000 | 197,000 | 220,000 | 248,000 | 328,000 | 321,000 | 316,000 | 322,000 | 336,000 | 348,000 | 353,000 | 293,000 | 344,000 | 315,000 | 288,000 | 278,000 | 203,000 | 202,000 | 199,000 | 194,000 | 172,000 | 167,000 | 167,000 | 199,000 | 189,000 | 276,000 | 236,000 | ||||||||||||
change in fair value of contingent liability | 542,000 | 11,000 | -301,000 | 3,000 | 61,000 | 13,000 | 31,000 | 45,000 | -4,000 | 14,000 | 13,000 | -2,000 | -304,000 | -1,721,000 | -568,000 | -4,000 | -36,000 | -130,000 | -60,000 | -650,000 | |||||||||||||||||||||||
(gain on) / loss from investments in unconsolidated entities | |||||||||||||||||||||||||||||||||||||||||||
business acquisition, net of cash acquired | -12,321,000 | 0 | -23,412,000 | 0 | 0 | 0 | -9,696,000 | 0 | -217,000 | ||||||||||||||||||||||||||||||||||
purchase of investment in unconsolidated entities | -3,773,000 | -3,973,000 | -4,102,000 | ||||||||||||||||||||||||||||||||||||||||
provision for / (recovery of) credit losses on notes receivable | |||||||||||||||||||||||||||||||||||||||||||
inventory write-down | 239,000 | 0 | |||||||||||||||||||||||||||||||||||||||||
gain from investment in unconsolidated entity | |||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other current liabilities | 25,037,000 | 25,533,000 | -34,961,000 | 4,524,000 | 4,242,000 | 5,067,000 | 4,921,000 | -9,617,000 | 15,135,000 | 7,757,000 | 31,496,000 | -21,450,000 | 28,746,000 | -2,731,000 | 13,623,000 | -220,000 | 7,884,000 | -11,435,000 | 17,249,000 | 83,000 | 11,979,000 | -20,355,000 | 6,856,000 | -9,460,000 | 2,143,000 | 27,362,000 | 8,111,000 | -7,001,000 | -4,201,000 | 373,000 | 7,119,000 | 483,000 | 1,156,000 | 2,034,000 | 3,607,000 | 3,661,000 | -4,492,000 | 3,091,000 | |||||
proceeds from sale of investment | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
purchases of intangible assets and other assets | |||||||||||||||||||||||||||||||||||||||||||
loss from investment in unconsolidated entity | 180,000 | ||||||||||||||||||||||||||||||||||||||||||
purchase of investment in unconsolidated entity | -1,500,000 | 0 | 0 | -200,000 | 0 | 0 | 0 | -5,000,000 | |||||||||||||||||||||||||||||||||||
provision for / (recovery of) credit losses on accounts receivable | -450,000 | ||||||||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs and debt discount | |||||||||||||||||||||||||||||||||||||||||||
(gain on) / impairment of investment or intangible assets | |||||||||||||||||||||||||||||||||||||||||||
loss on early extinguishment of debt | 0 | 0 | 0 | 185,000 | |||||||||||||||||||||||||||||||||||||||
purchases of developed technology and other assets | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
repayments of credit facility | 0 | 0 | 0 | -110,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -73,000,000 | -700,000 | |||||||||||||||||||||||||||
recovery of credit losses on notes receivable | -1,000 | 1,000 | 0 | -78,000 | 1,000 | 1,000 | 0 | -11,000 | 14,000 | ||||||||||||||||||||||||||||||||||
gain on investment | 0 | ||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||
purchases of treasury stock | -26,978,000 | -367,000 | -28,168,000 | -23,331,000 | 0 | 0 | -5,149,000 | ||||||||||||||||||||||||||||||||||||
provision for excess and obsolete inventory | 74,000 | 273,000 | |||||||||||||||||||||||||||||||||||||||||
amortization of debt discount and debt issuance costs | 784,000 | 782,000 | 780,000 | 780,000 | 4,233,000 | 4,191,000 | 4,149,000 | 3,250,000 | |||||||||||||||||||||||||||||||||||
acquired in-process research and development | 0 | 0 | 0 | 3,297,000 | 0 | ||||||||||||||||||||||||||||||||||||||
gain on sale of investment | 0 | ||||||||||||||||||||||||||||||||||||||||||
purchases of in-process research and development | 0 | 0 | 0 | -3,297,000 | 0 | ||||||||||||||||||||||||||||||||||||||
purchases of patents, patent licenses and developed technology | |||||||||||||||||||||||||||||||||||||||||||
proceeds from credit facility | 0 | 0 | 0 | 50,000,000 | 72,000,000 | 0 | 0 | 67,000,000 | |||||||||||||||||||||||||||||||||||
payments of deferred consideration for business acquisitions | 0 | -282,000 | -728,000 | -150,000 | -719,000 | 0 | |||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||
proceeds from investment | |||||||||||||||||||||||||||||||||||||||||||
restricted cash included in other assets | 32,000 | 501,000 | |||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flows (used in) / from operating activities: | |||||||||||||||||||||||||||||||||||||||||||
cash flows (used in) / from operating activities | -13,961,000 | -1,187,000 | |||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||
(recovery of) / provision for credit losses on accounts receivable | |||||||||||||||||||||||||||||||||||||||||||
gain on notes receivable | 0 | ||||||||||||||||||||||||||||||||||||||||||
issuances or purchases of notes receivable | -600,000 | -29,000 | -6,013,000 | ||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 10,314,000 | 37,625,000 | 20,510,000 | 388,713,000 | 6,283,000 | 41,349,000 | 34,095,000 | 52,103,000 | -44,694,000 | 13,472,000 | 28,409,000 | -23,619,000 | 21,818,000 | 18,284,000 | 9,161,000 | 469,000 | 11,689,000 | -77,484,000 | 5,584,000 | ||||||||||||||||||||||||
cash and cash equivalents at beginning of the period | 0 | 0 | 0 | 253,459,000 | 0 | 0 | 0 | 119,629,000 | 0 | 0 | 0 | 146,061,000 | 0 | 0 | 0 | 96,329,000 | 0 | 0 | 0 | 140,634,000 | 0 | 0 | 0 | 128,358,000 | 0 | 0 | |||||||||||||||||
cash and cash equivalents at end of the period | 10,314,000 | 37,625,000 | 20,510,000 | 642,172,000 | 6,283,000 | 41,349,000 | 34,095,000 | 171,732,000 | -44,694,000 | 13,472,000 | 28,409,000 | 122,442,000 | 21,818,000 | 18,284,000 | 9,161,000 | 96,798,000 | 11,689,000 | 15,724,000 | 5,766,000 | 63,150,000 | 5,584,000 | 886,000 | -1,681,000 | 135,845,000 | 1,757,000 | 105,718,000 | |||||||||||||||||
recovery of credit losses on accounts receivable | |||||||||||||||||||||||||||||||||||||||||||
cash flows (used in) / from investing activities: | |||||||||||||||||||||||||||||||||||||||||||
purchases of patents and patent licenses | -150,000 | 0 | |||||||||||||||||||||||||||||||||||||||||
cash flows (used in) / from investing activities | |||||||||||||||||||||||||||||||||||||||||||
(recovery of) / provision for credit losses on notes receivable | |||||||||||||||||||||||||||||||||||||||||||
(gain on) / impairment of investment | |||||||||||||||||||||||||||||||||||||||||||
disposal of property and equipment | 1,125,000 | 0 | |||||||||||||||||||||||||||||||||||||||||
purchases of treasury stock and repurchases of common stock | |||||||||||||||||||||||||||||||||||||||||||
impairment of investment | 0 | ||||||||||||||||||||||||||||||||||||||||||
receipt of payment on notes receivable | 16,000 | 2,004,000 | 3,000 | 1,000 | 24,295,000 | 0 | |||||||||||||||||||||||||||||||||||||
provision for doubtful accounts | 448,000 | 262,000 | 200,000 | 260,000 | 41,000 | 51,000 | 44,000 | 13,000 | 813,000 | 128,000 | 233,000 | ||||||||||||||||||||||||||||||||
provision for notes receivable | 47,000 | 0 | |||||||||||||||||||||||||||||||||||||||||
undistributed losses from equity investees | -5,000 | 21,000 | 15,000 | 33,000 | 12,000 | 396,000 | 97,000 | ||||||||||||||||||||||||||||||||||||
investment in cost and equity method investees | |||||||||||||||||||||||||||||||||||||||||||
repurchases of common stock | 0 | 0 | 0 | -7,000 | 1,000 | -3,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||
amortization of operating lease right-of-use assets | 1,358,000 | 1,460,000 | 1,478,000 | ||||||||||||||||||||||||||||||||||||||||
issuances of common stock from equity based plans | 701,000 | 1,591,000 | 1,146,000 | 2,696,000 | 1,562,000 | 996,000 | 44,000 | 116,000 | |||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash (used in) / from operating activities: | |||||||||||||||||||||||||||||||||||||||||||
other assets | 5,187,000 | 4,420,000 | -3,929,000 | -5,563,000 | 5,580,000 | -2,697,000 | -6,093,000 | 668,000 | 2,219,000 | -1,546,000 | -1,709,000 | 199,000 | -821,000 | -733,000 | |||||||||||||||||||||||||||||
payments of long-term consideration for business acquisitions | -200,000 | ||||||||||||||||||||||||||||||||||||||||||
purchases of licenses to patents | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock from initial public offering, net of underwriting discount and commission | 0 | ||||||||||||||||||||||||||||||||||||||||||
dividends paid to common stockholders | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
dividends paid to employees for unvested shares | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
dividends paid to redeemable convertible preferred stockholders | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
payments of offering costs | 0 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from early exercise of stock-based awards | 5,000 | 0 | |||||||||||||||||||||||||||||||||||||||||
amortization for patents and tooling | 243,000 | 327,000 | 247,000 | 186,000 | |||||||||||||||||||||||||||||||||||||||
undistributed losses from equity investee | 0 | ||||||||||||||||||||||||||||||||||||||||||
investment in cost method investee | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
benefit from doubtful accounts | 106,000 | 155,000 | 31,000 | ||||||||||||||||||||||||||||||||||||||||
cash flows used in investing activities: | |||||||||||||||||||||||||||||||||||||||||||
repayments of notes receivable | 0 | 0 | 0 | 2,441,000 | |||||||||||||||||||||||||||||||||||||||
cash flows used in investing activities | -2,165,000 | -170,000 | -4,823,000 | ||||||||||||||||||||||||||||||||||||||||
net (decrease) / increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||
impairment of cost method investment | |||||||||||||||||||||||||||||||||||||||||||
other | 27,000 | ||||||||||||||||||||||||||||||||||||||||||
distribution from cost method investee | |||||||||||||||||||||||||||||||||||||||||||
disposition of marketable securities | |||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt, net of debt issuance costs | |||||||||||||||||||||||||||||||||||||||||||
repayments of term loan | |||||||||||||||||||||||||||||||||||||||||||
payments for long-term business acquisition liabilities | |||||||||||||||||||||||||||||||||||||||||||
tax windfall benefit from stock-based awards | 56,000 | 416,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from early exercise of stock options | |||||||||||||||||||||||||||||||||||||||||||
tax windfall benefit from stock options | 2,266,000 | 93,000 | 366,000 | ||||||||||||||||||||||||||||||||||||||||
cash flows from / (used in) financing activities: | |||||||||||||||||||||||||||||||||||||||||||
cash flows from / (used in) financing activities | -77,000 | 737,000 | |||||||||||||||||||||||||||||||||||||||||
net increase / (decrease) in cash and cash equivalents | -1,681,000 | 7,487,000 | |||||||||||||||||||||||||||||||||||||||||
amortization on patents | 134,000 | 133,000 | 134,000 | ||||||||||||||||||||||||||||||||||||||||
goodwill and intangible asset impairment | |||||||||||||||||||||||||||||||||||||||||||
gain on release of contingent liability | |||||||||||||||||||||||||||||||||||||||||||
purchases of marketable securities | |||||||||||||||||||||||||||||||||||||||||||
unrealized gain on derivative instrument | |||||||||||||||||||||||||||||||||||||||||||
sale of cost method investee | |||||||||||||||||||||||||||||||||||||||||||
gain in change in fair value of contingent liability | |||||||||||||||||||||||||||||||||||||||||||
payments of deferred offering costs | |||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of noncash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||
cash not yet paid for business acquisitions | |||||||||||||||||||||||||||||||||||||||||||
contingent liability from business acquisition | |||||||||||||||||||||||||||||||||||||||||||
cash not yet paid for capital expenditures | |||||||||||||||||||||||||||||||||||||||||||
deferred offering costs in accounts payable, accrued expenses and other current liabilities |
