GoPro, Inc(NASDAQ:GPRO)

GoPro, Inc. develops and sells cameras, drones, and mountable and wearable accessories in the United States and internationally. The company offers cloud connected HERO7 Silver, HERO7 Black, HERO8 Black, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; GoPro, a subscription s...
Website: http://www.gopro.com
Founded: 2002
Full Time Employees: 926
CEO: Nick Woodman
Sector: Technology
Industry: Consumer Electronics
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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 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 112,467,250 | 162,918,000 | 152,643,000 | 134,308,000 | 200,882,000 | 258,898,000 | 186,224,000 | 155,469,000 | 295,420,000 | 294,299,000 | 241,020,000 | 174,720,000 | 321,021,000 | 305,130,000 | 250,685,000 | 216,705,000 | 391,149,000 | 316,669,000 | 249,586,000 | 203,680,000 | 357,772,000 | 280,507,000 | 134,246,000 | 119,400,000 | 528,345,000 | 131,169,000 | 292,429,000 | 242,708,000 | 377,378,000 | 285,936,000 | 282,677,000 | 202,346,000 | 334,796,000 | 329,805,000 | 296,526,000 | 218,614,000 | 540,621,000 | 240,569,000 | 220,755,000 | 183,536,000 | -746,765,000 | 400,340,000 | 419,919,000 | 363,109,000 | 633,913,000 | 279,971,000 | 244,605,000 | |
yoy | -44.01% | -37.07% | -18.03% | -13.61% | -32.00% | -12.03% | -22.74% | -11.02% | -7.97% | -3.55% | -3.86% | -19.37% | -17.93% | -3.64% | 0.44% | 6.39% | 9.33% | 12.89% | 85.92% | 70.59% | -32.28% | 113.85% | -54.09% | -50.81% | 40.00% | -54.13% | 3.45% | 19.95% | 12.72% | -13.30% | -4.67% | -7.44% | -38.07% | 37.09% | 34.32% | 19.11% | -172.40% | -39.91% | -47.43% | -49.45% | -217.80% | 42.99% | 71.67% | |||||
qoq | -30.97% | 6.73% | 13.65% | -33.14% | -22.41% | 39.03% | 19.78% | -47.37% | 0.38% | 22.11% | 37.95% | -45.57% | 5.21% | 21.72% | 15.68% | -44.60% | 23.52% | 26.88% | 22.54% | -43.07% | 27.54% | 108.95% | 12.43% | -77.40% | 302.80% | -55.15% | 20.49% | -35.69% | 31.98% | 1.15% | 39.70% | -39.56% | 1.51% | 11.22% | 35.64% | -59.56% | 124.73% | 8.98% | 20.28% | -124.58% | -286.53% | -4.66% | 15.65% | -42.72% | 126.42% | 14.46% | ||
hardware | 72,150,000 | |||||||||||||||||||||||||||||||||||||||||||||||
subscription and services | 26,915,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total revenue | 99,065,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cost of revenue | 73,722,500 | 105,751,000 | 97,980,000 | 91,159,000 | 131,181,000 | 167,052,000 | 129,514,000 | 102,431,000 | 194,325,000 | 200,095,000 | 165,248,000 | 122,218,000 | 216,718,000 | 189,085,000 | 154,681,000 | 126,229,000 | 230,075,000 | 178,616,000 | 150,304,000 | 124,984,000 | 221,689,000 | 181,195,000 | 93,554,000 | 80,973,000 | 326,520,000 | 102,737,000 | 190,244,000 | 162,361,000 | 235,261,000 | 194,904,000 | 199,308,000 | 157,430,000 | 255,010,000 | 199,259,000 | 190,894,000 | 150,048,000 | 328,486,000 | 143,500,000 | 127,753,000 | 123,822,000 | -330,573,000 | 213,710,000 | 225,579,000 | 199,376,000 | 330,100,000 | 155,932,000 | 141,736,000 | |
total cost of revenue | 94,759,000 | |||||||||||||||||||||||||||||||||||||||||||||||
gross profit | 4,306,000 | 64,187,000 | 57,167,000 | 54,663,000 | 43,149,000 | 69,701,000 | 91,846,000 | 56,710,000 | 53,038,000 | 101,095,000 | 94,204,000 | 75,772,000 | 52,502,000 | 104,303,000 | 116,045,000 | 96,004,000 | 90,476,000 | 161,074,000 | 138,053,000 | 99,282,000 | 78,696,000 | 136,083,000 | 99,312,000 | 40,692,000 | 38,427,000 | 201,825,000 | 28,432,000 | 102,185,000 | 80,347,000 | 142,117,000 | 91,032,000 | 83,369,000 | 44,916,000 | 79,786,000 | 130,546,000 | 105,632,000 | 68,566,000 | 212,135,000 | 97,069,000 | 93,002,000 | 59,714,000 | -416,192,000 | 186,630,000 | 194,340,000 | 163,733,000 | 303,813,000 | 124,039,000 | 102,869,000 |
yoy | -90.02% | -7.91% | -37.76% | -3.61% | -18.65% | -31.05% | -2.50% | -25.16% | 1.02% | -3.08% | -18.82% | -21.07% | -41.97% | -35.25% | -15.94% | -3.30% | 14.97% | 18.36% | 39.01% | 143.98% | 104.79% | -32.57% | 249.30% | -60.18% | -52.17% | 42.01% | -68.77% | 22.57% | 78.88% | 78.12% | -30.27% | -21.08% | -34.49% | -62.39% | 34.49% | 13.58% | 14.82% | -150.97% | -47.99% | -52.14% | -63.53% | -236.99% | 50.46% | 88.92% | ||||
qoq | -93.29% | 12.28% | 4.58% | 26.68% | -38.09% | -24.11% | 61.96% | 6.92% | -47.54% | 7.31% | 24.33% | 44.32% | -49.66% | -10.12% | 20.88% | 6.11% | -43.83% | 16.68% | 39.05% | 26.16% | -42.17% | 37.03% | 144.06% | 5.89% | -80.96% | 609.85% | -72.18% | 27.18% | -43.46% | 56.12% | 9.19% | 85.61% | -43.70% | -38.88% | 23.59% | 54.06% | -67.68% | 118.54% | 4.37% | 55.75% | -114.35% | -323.00% | -3.97% | 18.69% | -46.11% | 144.93% | 20.58% | |
gross margin % | Infinity% | 57.07% | 35.09% | 35.81% | 32.13% | 34.70% | 35.48% | 30.45% | 34.11% | 34.22% | 32.01% | 31.44% | 30.05% | 32.49% | 38.03% | 38.30% | 41.75% | 41.18% | 43.60% | 39.78% | 38.64% | 38.04% | 35.40% | 30.31% | 32.18% | 38.20% | 21.68% | 34.94% | 33.10% | 37.66% | 31.84% | 29.49% | 22.20% | 23.83% | 39.58% | 35.62% | 31.36% | 39.24% | 40.35% | 42.13% | 32.54% | 55.73% | 46.62% | 46.28% | 45.09% | 47.93% | 44.30% | 42.06% |
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||
research and development | 28,435,000 | 32,133,000 | 34,603,000 | 30,503,000 | 29,557,000 | 50,025,000 | 44,328,000 | 46,932,000 | 44,612,000 | 43,892,000 | 41,708,000 | 41,903,000 | 38,185,000 | 36,026,000 | 36,043,000 | 36,218,000 | 31,598,000 | 34,806,000 | 36,458,000 | 37,800,000 | 32,430,000 | 27,515,000 | 37,235,000 | 34,558,000 | 32,281,000 | 31,679,000 | 34,940,000 | 38,811,000 | 37,464,000 | 36,935,000 | 41,157,000 | 38,225,000 | 50,979,000 | 52,504,000 | 55,098,000 | 55,497,000 | 66,166,000 | 92,728,000 | 96,146,000 | 93,049,000 | 76,979,000 | -108,830,000 | 67,372,000 | 58,453,000 | 49,437,000 | 46,074,000 | 42,376,000 | 34,663,000 |
sales and marketing | 23,218,000 | 27,267,000 | 24,956,000 | 25,275,000 | 23,258,000 | 43,450,000 | 40,686,000 | 41,353,000 | 35,146,000 | 50,363,000 | 41,254,000 | 39,906,000 | 38,055,000 | 51,079,000 | 41,076,000 | 39,439,000 | 35,373,000 | 47,882,000 | 37,352,000 | 35,670,000 | 35,790,000 | 38,535,000 | 34,378,000 | 34,965,000 | 43,502,000 | 58,158,000 | 48,848,000 | 52,135,000 | 47,290,000 | 56,799,000 | 55,871,000 | 60,256,000 | 49,170,000 | 65,425,000 | 46,622,000 | 56,678,000 | 67,856,000 | 112,716,000 | 91,567,000 | 84,888,000 | 79,449,000 | -103,641,000 | 66,427,000 | 63,494,000 | 56,369,000 | 61,226,000 | 48,109,000 | 43,701,000 |
general and administrative | 9,898,000 | 13,028,000 | 13,493,000 | 12,892,000 | 16,942,000 | 15,326,000 | 14,843,000 | 14,934,000 | 14,693,000 | 16,208,000 | 15,029,000 | 16,457,000 | 16,076,000 | 15,491,000 | 14,495,000 | 15,692,000 | 15,343,000 | 19,761,000 | 15,642,000 | 16,310,000 | 13,988,000 | 14,678,000 | 18,845,000 | 16,083,000 | 18,758,000 | 15,888,000 | 15,842,000 | 18,186,000 | 15,881,000 | 15,416,000 | 15,358,000 | 15,724,000 | 19,506,000 | 20,168,000 | 20,777,000 | 18,440,000 | 22,759,000 | 33,259,000 | 24,945,000 | 24,442,000 | 24,721,000 | -66,385,000 | 25,195,000 | 26,255,000 | 35,659,000 | 22,825,000 | 20,097,000 | 41,171,000 |
goodwill impairment | 18,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 61,551,000 | 72,428,000 | 73,052,000 | 68,670,000 | 88,357,000 | 108,801,000 | 99,857,000 | 103,219,000 | 94,451,000 | 110,463,000 | 97,991,000 | 98,266,000 | 92,316,000 | 102,596,000 | 91,614,000 | 91,349,000 | 82,314,000 | 102,449,000 | 89,452,000 | 89,780,000 | 82,208,000 | 80,728,000 | 90,458,000 | 85,606,000 | 94,541,000 | 105,725,000 | 99,630,000 | 109,132,000 | 100,635,000 | 109,150,000 | 112,386,000 | 114,205,000 | 119,655,000 | 138,097,000 | 122,497,000 | 130,615,000 | 156,781,000 | 238,703,000 | 212,658,000 | 202,379,000 | 181,149,000 | -278,856,000 | 158,994,000 | 148,202,000 | 141,465,000 | 130,125,000 | 110,582,000 | 119,535,000 |
operating income | -57,245,000 | -8,241,000 | -15,885,000 | -14,007,000 | -45,208,000 | -39,100,000 | -8,011,000 | -46,509,000 | -41,413,000 | -9,368,000 | -3,787,000 | -22,494,000 | -39,814,000 | 1,707,000 | 24,431,000 | 4,655,000 | 8,162,000 | 58,625,000 | 48,601,000 | 9,502,000 | -3,512,000 | 55,355,000 | 8,854,000 | -44,914,000 | -56,114,000 | 96,100,000 | -71,198,000 | -6,947,000 | -20,288,000 | 32,967,000 | -21,354,000 | -30,836,000 | -74,739,000 | -58,311,000 | 8,049,000 | -24,983,000 | -88,215,000 | -26,568,000 | -115,589,000 | -109,377,000 | -121,435,000 | -137,336,000 | 27,636,000 | 46,138,000 | 22,268,000 | 173,688,000 | 13,457,000 | -16,666,000 |
yoy | 26.63% | -78.92% | 98.29% | -69.88% | 9.16% | 317.38% | 111.54% | 106.76% | 4.02% | -648.80% | -115.50% | -583.22% | -587.80% | -97.09% | -49.73% | -51.01% | -332.40% | 5.91% | 448.92% | -121.16% | -93.74% | -42.40% | -112.44% | 546.52% | 176.59% | 191.50% | 233.42% | -77.47% | -72.85% | -156.54% | -365.30% | 23.43% | -15.28% | 119.48% | -106.96% | -77.16% | -27.36% | -80.65% | -518.26% | -337.06% | -645.33% | -179.07% | 105.37% | -376.84% | ||||
qoq | 594.64% | -48.12% | 13.41% | -69.02% | 15.62% | 388.08% | -82.78% | 12.31% | 342.07% | 147.37% | -83.16% | -43.50% | -2432.40% | -93.01% | 424.83% | -42.97% | -86.08% | 20.63% | 411.48% | -370.56% | -106.34% | 525.20% | -119.71% | -19.96% | -158.39% | -234.98% | 924.87% | -65.76% | -161.54% | -254.38% | -30.75% | -58.74% | 28.17% | -824.45% | -132.22% | -71.68% | 232.03% | -77.02% | 5.68% | -9.93% | -11.58% | -596.95% | -40.10% | 107.19% | -87.18% | 1190.69% | -180.75% | |
operating margin % | -Infinity% | -7.33% | -9.75% | -9.18% | -33.66% | -19.46% | -3.09% | -24.97% | -26.64% | -3.17% | -1.29% | -9.33% | -22.79% | 0.53% | 8.01% | 1.86% | 3.77% | 14.99% | 15.35% | 3.81% | -1.72% | 15.47% | 3.16% | -33.46% | -47.00% | 18.19% | -54.28% | -2.38% | -8.36% | 8.74% | -7.47% | -10.91% | -36.94% | -17.42% | 2.44% | -8.43% | -40.35% | -4.91% | -48.05% | -49.55% | -66.16% | 18.39% | 6.90% | 10.99% | 6.13% | 27.40% | 4.81% | -6.81% |
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -4,118,000 | -3,504,000 | -2,715,000 | -1,436,000 | -797,000 | -1,057,000 | -808,000 | -790,000 | -674,000 | -1,236,000 | -1,171,000 | -1,139,000 | -1,153,000 | -1,310,000 | -1,185,000 | -1,538,000 | -2,209,000 | -5,780,000 | -5,748,000 | -5,532,000 | -5,880,000 | -5,483,000 | -5,260,000 | -4,671,000 | -4,843,000 | -5,197,000 | -4,623,000 | -4,882,000 | -4,527,000 | -4,879,000 | -4,616,000 | -4,621,000 | -4,567,000 | -4,508,000 | -4,554,000 | -3,784,000 | ||||||||||||
other income | -17,612,000 | 948,000 | -1,881,000 | 330,000 | 948,000 | 563,000 | 2,691,000 | 811,000 | 1,208,000 | 5,198,000 | 1,963,000 | 2,423,000 | 2,845,000 | 2,263,000 | 284,000 | -488,000 | -319,000 | -611,000 | -1,320,000 | 1,312,000 | 443,000 | -5,343,000 | 955,000 | -321,000 | -172,000 | 989,000 | 738,000 | -63,000 | 828,000 | 5,238,000 | 661,000 | -1,106,000 | 177,000 | 28,000 | 322,000 | 222,000 | 660,000 | 122,000 | -1,236,250 | -1,784,000 | -1,536,000 | |||||||
total other income | -21,730,000 | -2,556,000 | -4,596,000 | -1,106,000 | 151,000 | -494,000 | 1,883,000 | 21,000 | 534,000 | 3,962,000 | 792,000 | 1,284,000 | 1,692,000 | -2,111,750 | -4,232,000 | -3,562,000 | ||||||||||||||||||||||||||||||||
income before income taxes | -78,975,000 | -10,797,000 | -20,481,000 | -15,113,000 | -45,057,000 | -39,594,000 | -6,128,000 | -46,488,000 | -40,879,000 | -5,406,000 | -2,995,000 | -21,210,000 | -38,122,000 | 2,660,000 | 23,530,000 | 2,629,000 | 5,634,000 | 52,234,000 | 41,533,000 | 5,282,000 | -8,949,000 | 44,529,000 | 4,549,000 | -49,906,000 | -61,129,000 | 91,892,000 | -75,083,000 | -11,892,000 | -23,987,000 | 33,326,000 | -25,309,000 | -36,563,000 | -79,129,000 | -62,791,000 | 3,817,000 | -28,545,000 | -88,868,000 | -28,318,000 | -116,397,000 | -108,717,000 | -121,742,000 | -134,529,000 | 27,273,000 | 46,260,000 | 20,024,000 | 172,573,000 | 11,673,000 | -18,202,000 |
income tax expense | 1,845,000 | -1,693,000 | 771,000 | 1,309,000 | 1,652,000 | -2,403,000 | 2,083,000 | 1,333,000 | 298,209,000 | -2,988,000 | 689,000 | -3,998,000 | -413,000 | 5,960,000 | 110,000 | -51,000 | -392,000 | -270,228,000 | -11,670,000 | 1,219,000 | 116,000 | 1,242,000 | 1,069,000 | 2,399,000 | -3,928,000 | -273,000 | -605,000 | 378,000 | 1,655,000 | 1,780,000 | 706,000 | -2,782,000 | -6,943,000 | -10,844,000 | 1,991,000 | 22,282,000 | 87,391,000 | -12,329,000 | -16,950,000 | -14,283,000 | -29,496,000 | 8,474,000 | 11,229,000 | 3,272,000 | 50,313,000 | -2,947,000 | 1,639,000 | |
net income | -80,820,000 | -9,104,000 | -21,252,000 | -16,422,000 | -46,709,000 | -37,191,000 | -8,211,000 | -47,821,000 | -339,088,000 | -2,418,000 | -3,684,000 | -17,212,000 | -29,869,000 | 3,073,000 | 17,570,000 | 2,519,000 | 5,685,000 | 52,626,000 | 311,761,000 | 16,952,000 | -10,168,000 | 44,413,000 | 3,307,000 | -50,975,000 | -63,528,000 | 95,820,000 | -74,810,000 | -11,287,000 | -24,365,000 | 31,671,000 | -27,089,000 | -37,269,000 | -76,347,000 | -55,848,000 | 14,661,000 | -30,536,000 | -111,150,000 | -115,709,000 | -104,068,000 | -91,767,000 | -107,459,000 | -105,033,000 | 18,799,000 | 35,031,000 | 16,752,000 | 122,260,000 | 14,620,000 | -19,841,000 |
yoy | 73.03% | -75.52% | 158.82% | -65.66% | -86.23% | 1438.09% | 122.88% | 177.84% | 1035.25% | -178.69% | -120.97% | -783.29% | -625.40% | -94.16% | -94.36% | -85.14% | -155.91% | 18.49% | 9327.31% | -133.26% | -83.99% | -53.65% | -104.42% | 351.63% | 160.73% | 202.55% | 176.16% | -69.71% | -68.09% | -156.71% | -284.77% | 22.05% | -31.31% | -51.73% | -114.09% | -66.72% | 3.43% | 10.16% | -653.58% | -361.96% | -741.47% | -185.91% | 28.58% | -276.56% | ||||
qoq | 787.74% | -57.16% | 29.41% | -64.84% | 25.59% | 352.94% | -82.83% | -85.90% | 13923.49% | -34.36% | -78.60% | -42.38% | -1071.98% | -82.51% | 597.50% | -55.69% | -89.20% | -83.12% | 1739.08% | -266.72% | -122.89% | 1243.00% | -106.49% | -19.76% | -166.30% | -228.08% | 562.80% | -53.68% | -176.93% | -216.91% | -27.31% | -51.18% | 36.70% | -480.93% | -148.01% | -72.53% | -3.94% | 11.19% | 13.40% | -14.60% | 2.31% | -658.72% | -46.34% | 109.12% | -86.30% | 736.25% | -173.69% | |
net income margin % | -Infinity% | -8.09% | -13.04% | -10.76% | -34.78% | -18.51% | -3.17% | -25.68% | -218.11% | -0.82% | -1.25% | -7.14% | -17.10% | 0.96% | 5.76% | 1.00% | 2.62% | 13.45% | 98.45% | 6.79% | -4.99% | 12.41% | 1.18% | -37.97% | -53.21% | 18.14% | -57.03% | -3.86% | -10.04% | 8.39% | -9.47% | -13.18% | -37.73% | -16.68% | 4.45% | -10.30% | -50.84% | -21.40% | -43.26% | -41.57% | -58.55% | 14.07% | 4.70% | 8.34% | 4.61% | 19.29% | 5.22% | -8.11% |
basic and diluted net loss per share | -0.5 | -0.06 | -0.13 | -0.1 | -0.3 | -0.648 | -0.05 | -0.31 | -2.24 | -0.07 | -0.34 | -0.43 | 0.67 | -0.51 | -0.08 | -0.17 | ||||||||||||||||||||||||||||||||
shares used to compute basic and diluted net loss per share | 163,208 | 832 | 158,933 | 157,843 | 156,438 | 38,112.25 | 153,741 | 152,502 | 151,091 | |||||||||||||||||||||||||||||||||||||||
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.02 | -0.02 | -0.11 | -0.19 | 0.02 | 0.11 | 0.02 | 0.04 | 0.34 | 2.01 | 0.11 | -0.253 | -0.19 | -0.27 | -0.55 | -0.4 | 0.11 | -0.22 | -0.78 | -0.83 | -0.74 | -0.66 | -0.78 | -0.78 | 0.14 | 0.26 | 0.13 | 1.02 | 0.12 | -0.24 | ||||||||||||||||||
diluted | -0.02 | -0.02 | -0.11 | -0.19 | 0.02 | 0.1 | 0.02 | 0.04 | 0.31 | 1.92 | 0.1 | -0.253 | -0.19 | -0.27 | -0.55 | -0.4 | 0.1 | -0.22 | -0.78 | -0.83 | -0.74 | -0.66 | -0.78 | -0.73 | 0.13 | 0.24 | 0.11 | 0.88 | 0.1 | -0.24 | ||||||||||||||||||
shares used to compute net income per share: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | -765 | 152,409 | 154,562 | 155,402 | -283 | 155,819 | 156,645 | 156,864 | 656 | 155,009 | 153,634 | 34,757 | 140,072 | 139,166 | 137,857 | -394 | 136,236 | 136,288 | 142,899 | |||||||||||||||||||||||||||||
diluted | -765 | 152,409 | 154,562 | 155,402 | -1,759 | 173,184 | 176,860 | 188,737 | 450 | 162,746 | 164,857 | 34,757 | 140,072 | 139,166 | 137,857 | -394 | 140,288 | 136,288 | 142,899 | |||||||||||||||||||||||||||||
income tax benefit | -8,253,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total other expense | 953,000 | -901,000 | -2,026,000 | -2,528,000 | -6,391,000 | -7,068,000 | -4,220,000 | -5,437,000 | -10,826,000 | -4,305,000 | -4,992,000 | -5,015,000 | -4,208,000 | -3,885,000 | -4,945,000 | -3,699,000 | 359,000 | -3,955,000 | -5,727,000 | -4,390,000 | ||||||||||||||||||||||||||||
weighted-average number of shares outstanding, basic and diluted | 152,181 | 149,037 | 148,497 | 147,560 | 144,891 | 145,617 | 144,668 | 142,601 | 139,495 | |||||||||||||||||||||||||||||||||||||||
basic net income per share | -0.188 | 0.02 | ||||||||||||||||||||||||||||||||||||||||||||||
diluted net income per share | -0.188 | 0.02 | ||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding, basic | 149,406 | |||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding, diluted | 151,849 | |||||||||||||||||||||||||||||||||||||||||||||||
shares used to compute net loss per share: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | -765 | 152,409 | 154,562 | 155,402 | -283 | 155,819 | 156,645 | 156,864 | 656 | 155,009 | 153,634 | 34,757 | 140,072 | 139,166 | 137,857 | -394 | 136,236 | 136,288 | 142,899 | |||||||||||||||||||||||||||||
diluted | -765 | 152,409 | 154,562 | 155,402 | -1,759 | 173,184 | 176,860 | 188,737 | 450 | 162,746 | 164,857 | 34,757 | 140,072 | 139,166 | 137,857 | -394 | 140,288 | 136,288 | 142,899 | |||||||||||||||||||||||||||||
other expense | -653,000 | -1,750,000 | -808,000 | -307,000 | -621,250 | -363,000 | -2,244,000 | |||||||||||||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | 140,124 | 138,942 | 137,543 | 135,800 | 133,150 | 132,278 | 104,453,000 | 125,713 | 82,936 | |||||||||||||||||||||||||||||||||||||||
diluted | 140,124 | 138,942 | 137,543 | 146,055 | 146,781 | 148,573 | 123,630,000 | 145,186 | 82,936 | |||||||||||||||||||||||||||||||||||||||
less: net income allocable to participating securities | ||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders—basic | 17,645,500 | 18,799,000 | 16,752,000 | |||||||||||||||||||||||||||||||||||||||||||||
add: net income allocable to dilutive participating securities | ||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders—diluted | 17,645,500 | 18,799,000 | 16,752,000 | |||||||||||||||||||||||||||||||||||||||||||||
less: undistributed earnings allocable toholders of preferred stock and unvested early exercised options and restricted stock | -255,500 | -36,000 | ||||||||||||||||||||||||||||||||||||||||||||||
undistributed net income attributable to common stockholders—basic | 106,770,000 | 14,584,000 | -19,841,000 | |||||||||||||||||||||||||||||||||||||||||||||
add: adjustments to net income for dilutive securities allocable to holders of preferred stock and unvested early exercised options and restricted stock | 2,500 | 1,000 | ||||||||||||||||||||||||||||||||||||||||||||||
undistributed net income attributable to common stockholders—diluted | 109,037,000 | 14,585,000 | -19,841,000 | |||||||||||||||||||||||||||||||||||||||||||||
less: undistributed earnings allocable to:holders of preferred stock and unvested early exercised options and restricted stock | ||||||||||||||||||||||||||||||||||||||||||||||||
add: adjustments to net income for dilutive securities allocable to: holders of preferred stock and unvested early exercised options and restricted stock |
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 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 40,723,000 | 49,674,000 | 58,431,000 | 58,571,000 | 69,634,000 | 102,811,000 | 130,195,000 | 133,036,000 | 133,658,000 | 222,708,000 | 220,984,000 | 189,913,000 | 157,826,000 | 223,735,000 | 217,161,000 | 203,279,000 | 305,319,000 | 401,087,000 | 296,357,000 | 285,806,000 | 296,754,000 | 325,654,000 | 146,871,000 | 79,679,000 | 117,435,000 | 150,301,000 | 43,016,000 | 91,250,000 | 86,941,000 | 152,095,000 | 143,246,000 | 114,843,000 | 104,987,000 | 202,504,000 | 164,616,000 | 149,755,000 | 74,877,000 | 192,114,000 | 131,577,000 | 163,512,000 | 248,717,000 | 279,672,000 | 279,969,000 | 338,031,000 | 323,165,000 | 319,929,000 | 237,749,000 | |
accounts receivable | 61,858,000 | 93,513,000 | 87,388,000 | 83,481,000 | 76,687,000 | 85,944,000 | 133,161,000 | 86,337,000 | 68,895,000 | 91,452,000 | 107,453,000 | 82,341,000 | 56,988,000 | 77,008,000 | 85,022,000 | 88,419,000 | 70,574,000 | 114,221,000 | 98,832,000 | 96,471,000 | 68,625,000 | 107,244,000 | 107,168,000 | 68,498,000 | 50,991,000 | 200,634,000 | 71,977,000 | 144,649,000 | 117,822,000 | 129,216,000 | 149,449,000 | 116,573,000 | 81,431,000 | 112,935,000 | 100,026,000 | 95,872,000 | 55,293,000 | 164,553,000 | 92,351,000 | 65,016,000 | 46,519,000 | 145,692,000 | 120,666,000 | 118,551,000 | 105,970,000 | 183,992,000 | 94,563,000 | 49,230,000 |
inventory | 72,205,000 | 78,431,000 | 84,064,000 | 84,482,000 | 96,282,000 | 120,716,000 | 155,259,000 | 97,331,000 | 131,252,000 | 106,266,000 | 154,876,000 | 135,409,000 | 154,804,000 | 127,131,000 | 153,394,000 | 126,007,000 | 119,396,000 | 86,409,000 | 120,891,000 | 106,751,000 | 111,833,000 | 97,914,000 | 132,816,000 | 142,151,000 | 172,022,000 | 144,236,000 | 250,032,000 | 129,170,000 | 118,970,000 | 116,458,000 | 123,249,000 | 86,095,000 | 132,619,000 | 150,551,000 | 177,190,000 | 126,708,000 | 207,735,000 | 167,192,000 | 145,231,000 | 89,889,000 | 139,736,000 | 188,232,000 | 289,521,000 | 219,272,000 | 164,044,000 | 117,014,000 | 80,376,000 | |
prepaid expenses and other current assets | 32,508,000 | 30,951,000 | 34,547,000 | 28,934,000 | 36,246,000 | 29,774,000 | 35,964,000 | 34,723,000 | 35,704,000 | 38,298,000 | 38,030,000 | 33,738,000 | 30,078,000 | 34,551,000 | 36,078,000 | 28,549,000 | 26,869,000 | 42,311,000 | 44,830,000 | 28,763,000 | 28,861,000 | 23,872,000 | 26,124,000 | 23,773,000 | 24,942,000 | 25,958,000 | 24,023,000 | 25,457,000 | 26,402,000 | 30,887,000 | 31,958,000 | 37,657,000 | 32,703,000 | 62,811,000 | 36,471,000 | 29,515,000 | 46,241,000 | 38,115,000 | 40,566,000 | 38,057,000 | 27,452,000 | 25,261,000 | 79,976,000 | 80,636,000 | 60,334,000 | 63,769,000 | 49,057,000 | 65,409,000 |
total current assets | 207,294,000 | 252,569,000 | 358,770,000 | 255,468,000 | 278,849,000 | 339,245,000 | 454,579,000 | 351,427,000 | 369,509,000 | 482,591,000 | 559,831,000 | 523,194,000 | 536,510,000 | 606,027,000 | 623,274,000 | 565,426,000 | 666,774,000 | 781,858,000 | 643,094,000 | 550,680,000 | 506,073,000 | 556,684,000 | 412,979,000 | 314,101,000 | 372,885,000 | 535,976,000 | 425,008,000 | 429,386,000 | 396,454,000 | 474,073,000 | 452,898,000 | 380,119,000 | 391,586,000 | 573,687,000 | 510,249,000 | 401,850,000 | 384,146,000 | 587,813,000 | 503,040,000 | 472,162,000 | 602,375,000 | 833,243,000 | 1,003,265,000 | 935,443,000 | 822,254,000 | 823,043,000 | 498,383,000 | 299,894,000 |
property and equipment | 7,772,000 | 5,903,000 | 7,118,000 | 7,791,000 | 7,759,000 | 8,696,000 | 8,798,000 | 9,011,000 | 8,919,000 | 8,686,000 | 9,314,000 | 10,516,000 | 12,160,000 | 13,327,000 | 15,301,000 | 16,400,000 | 17,294,000 | 19,003,000 | 20,409,000 | 20,519,000 | 21,703,000 | 23,711,000 | 26,455,000 | 29,180,000 | 33,670,000 | 36,539,000 | 39,727,000 | 40,881,000 | 42,680,000 | 46,567,000 | 53,043,000 | 56,566,000 | 62,791,000 | 68,587,000 | 74,196,000 | 71,833,000 | 73,118,000 | 76,509,000 | 77,577,000 | 66,525,000 | 67,725,000 | 70,050,000 | 67,644,000 | 52,252,000 | 43,890,000 | 41,556,000 | 40,339,000 | 38,939,000 |
operating lease right-of-use assets | 10,580,000 | 11,138,000 | 12,448,000 | 13,250,000 | 14,618,000 | 14,403,000 | 15,738,000 | 17,064,000 | 17,647,000 | 18,729,000 | 19,686,000 | 19,691,000 | 20,336,000 | 21,819,000 | 23,154,000 | 25,012,000 | 25,642,000 | 27,320,000 | 27,762,000 | 29,114,000 | 30,640,000 | 31,560,000 | 33,218,000 | 48,963,000 | 51,086,000 | 53,121,000 | 52,512,000 | 54,722,000 | 57,469,000 | |||||||||||||||||||
goodwill | 133,751,000 | 133,751,000 | 133,751,000 | 133,751,000 | 133,751,000 | 152,351,000 | 152,351,000 | 152,351,000 | 152,351,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 146,459,000 | 94,583,000 | 57,095,000 | 57,095,000 | 50,997,000 | ||||
other long-term assets | 21,958,000 | 24,622,000 | 26,521,000 | 28,730,000 | 27,533,000 | 28,983,000 | 30,137,000 | 26,901,000 | 27,329,000 | 311,486,000 | 310,347,000 | 309,237,000 | 307,101,000 | 289,293,000 | 286,524,000 | 290,774,000 | 289,772,000 | 285,177,000 | 280,390,000 | 10,969,000 | 11,519,000 | 11,771,000 | 12,539,000 | 13,564,000 | 15,013,000 | 15,461,000 | 16,528,000 | 18,173,000 | 16,793,000 | 18,195,000 | 21,026,000 | 23,900,000 | 26,194,000 | 37,014,000 | 67,665,000 | 72,828,000 | 79,831,000 | 78,329,000 | 136,713,000 | 133,161,000 | 127,465,000 | 111,561,000 | 48,730,000 | 45,313,000 | 39,616,000 | 36,060,000 | 33,807,000 | 36,562,000 |
total assets | 381,355,000 | 427,983,000 | 538,608,000 | 438,990,000 | 462,510,000 | 543,678,000 | 661,603,000 | 556,754,000 | 575,755,000 | 967,951,000 | 1,045,637,000 | 1,009,097,000 | 1,022,566,000 | 1,076,925,000 | 1,094,712,000 | 1,044,071,000 | 1,145,941,000 | 1,259,879,000 | 1,118,247,000 | 757,944,000 | 716,885,000 | 771,399,000 | 633,587,000 | 555,168,000 | 623,038,000 | 792,803,000 | 687,345,000 | 698,595,000 | 670,838,000 | 698,359,000 | 688,573,000 | 625,555,000 | 648,874,000 | 850,246,000 | 825,429,000 | 721,971,000 | 714,696,000 | 922,640,000 | 901,285,000 | 864,380,000 | 928,929,000 | 1,102,976,000 | 1,209,281,000 | 1,111,532,000 | 930,634,000 | 917,691,000 | 589,058,000 | 392,200,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 91,366,000 | 97,012,000 | 77,836,000 | 61,132,000 | 54,809,000 | 85,936,000 | 155,387,000 | 65,901,000 | 64,022,000 | 102,612,000 | 118,713,000 | 95,082,000 | 80,032,000 | 91,648,000 | 138,789,000 | 96,988,000 | 82,925,000 | 171,545,000 | 118,876,000 | 86,076,000 | 77,283,000 | 111,399,000 | 124,996,000 | 48,959,000 | 63,776,000 | 160,695,000 | 140,271,000 | 114,801,000 | 91,757,000 | 148,478,000 | 123,357,000 | 110,415,000 | 87,534,000 | 138,257,000 | 143,054,000 | 76,208,000 | 129,733,000 | 205,028,000 | 158,767,000 | 63,642,000 | 50,989,000 | 89,989,000 | 159,901,000 | 156,450,000 | 91,919,000 | 126,240,000 | 112,270,000 | 54,925,000 |
accrued expenses and other current liabilities | 130,146,000 | 95,856,000 | 98,902,000 | 85,914,000 | 78,471,000 | 110,769,000 | 124,299,000 | 108,215,000 | 89,347,000 | 110,049,000 | 119,715,000 | 100,142,000 | 105,247,000 | 118,877,000 | 99,115,000 | 105,249,000 | 96,591,000 | 128,572,000 | 112,480,000 | 108,018,000 | 93,184,000 | 113,776,000 | 104,026,000 | 88,605,000 | 97,543,000 | 141,790,000 | 159,475,000 | 125,828,000 | 117,290,000 | |||||||||||||||||||
short-term operating lease liabilities | 10,319,000 | 12,069,000 | 11,884,000 | 11,242,000 | 11,239,000 | 10,936,000 | 10,737,000 | 10,434,000 | 10,525,000 | 10,520,000 | 9,873,000 | 10,130,000 | 9,301,000 | 9,553,000 | 9,509,000 | 9,886,000 | 9,859,000 | 9,819,000 | 9,542,000 | 9,126,000 | 8,999,000 | 9,369,000 | 9,053,000 | 8,936,000 | 8,871,000 | 9,099,000 | 8,890,000 | 9,241,000 | 10,862,000 | |||||||||||||||||||
deferred revenue | 53,077,000 | 52,636,000 | 52,006,000 | 52,305,000 | 54,009,000 | 55,418,000 | 54,002,000 | 53,914,000 | 55,808,000 | 55,913,000 | 52,502,000 | 54,369,000 | 55,948,000 | 55,850,000 | 48,592,000 | 46,116,000 | 43,914,000 | 42,505,000 | 34,400,000 | 32,631,000 | 32,044,000 | 28,149,000 | 19,459,000 | 13,627,000 | 14,421,000 | 15,467,000 | 11,966,000 | 13,700,000 | 14,065,000 | 15,129,000 | 14,418,000 | 15,279,000 | 15,235,000 | 19,244,000 | 16,301,000 | 15,036,000 | 13,884,000 | 14,388,000 | 11,499,000 | 11,605,000 | 13,847,000 | 12,742,000 | 13,095,000 | 13,298,000 | 12,327,000 | 14,022,000 | 7,996,000 | 8,158,000 |
short-term debt | 71,954,000 | 19,598,000 | 138,463,000 | 98,518,000 | 118,363,000 | 93,208,000 | 124,963,000 | 122,391,000 | 120,213,000 | 118,087,000 | 30,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||||||||
total current liabilities | 356,862,000 | 277,171,000 | 379,091,000 | 309,111,000 | 316,891,000 | 356,267,000 | 344,425,000 | 238,464,000 | 219,702,000 | 279,094,000 | 300,803,000 | 259,723,000 | 250,528,000 | 275,928,000 | 296,005,000 | 258,239,000 | 358,252,000 | 474,832,000 | 395,511,000 | 353,938,000 | 211,510,000 | 262,693,000 | 257,534,000 | 190,127,000 | 214,611,000 | 327,051,000 | 320,602,000 | 263,570,000 | 233,974,000 | 299,499,000 | 331,688,000 | 255,548,000 | 249,714,000 | 370,531,000 | 308,750,000 | 242,561,000 | 313,914,000 | 430,739,000 | 354,171,000 | 226,349,000 | 213,145,000 | 295,177,000 | 345,742,000 | 307,881,000 | 210,536,000 | 258,769,000 | 224,989,000 | 212,574,000 |
long-term taxes payable | 14,146,000 | 13,544,000 | 16,057,000 | 15,041,000 | 13,270,000 | 11,621,000 | 14,628,000 | 13,112,000 | 12,105,000 | 11,199,000 | 12,400,000 | 11,586,000 | 10,557,000 | 9,536,000 | 8,526,000 | 8,213,000 | 7,790,000 | 7,319,000 | 6,353,000 | 5,573,000 | 18,238,000 | 18,099,000 | 16,783,000 | 15,408,000 | 14,101,000 | 13,726,000 | 18,408,000 | 19,339,000 | 19,081,000 | 19,553,000 | 19,545,000 | 19,448,000 | 18,559,000 | 21,188,000 | 21,670,000 | 20,865,000 | 19,693,000 | 26,386,000 | 21,770,000 | |||||||||
long-term debt | 44,322,000 | 43,916,000 | 93,053,000 | 92,898,000 | 92,743,000 | 92,615,000 | 141,730,000 | 141,493,000 | 141,255,000 | 141,017,000 | 140,780,000 | 140,542,000 | 140,304,000 | 111,289,000 | 109,470,000 | 107,680,000 | 221,931,000 | 218,172,000 | 156,782,000 | 154,063,000 | 151,392,000 | 148,810,000 | 146,249,000 | 143,786,000 | 141,342,000 | 138,992,000 | 136,659,000 | 134,416,000 | 132,189,000 | 130,048,000 | 127,861,000 | 125,817,000 | ||||||||||||||||
long-term operating lease liabilities | 6,397,000 | 7,329,000 | 10,661,000 | 13,912,000 | 16,614,000 | 18,067,000 | 21,475,000 | 24,332,000 | 22,971,000 | 25,527,000 | 27,825,000 | 29,156,000 | 31,048,000 | 33,446,000 | 35,522,000 | 38,271,000 | 40,203,000 | 43,025,000 | 45,138,000 | 47,609,000 | 50,091,000 | 51,986,000 | 54,293,000 | 57,916,000 | 60,351,000 | 62,961,000 | 62,554,000 | 64,940,000 | 73,887,000 | |||||||||||||||||||
other long-term liabilities | 5,819,000 | 9,067,000 | 8,389,000 | 3,011,000 | 5,755,000 | 6,034,000 | 4,079,000 | 3,269,000 | 3,322,000 | 3,670,000 | 3,799,000 | 3,660,000 | 4,028,000 | 5,439,000 | 6,144,000 | 6,295,000 | 6,606,000 | 7,500,000 | 6,780,000 | 4,979,000 | 3,644,000 | 4,431,000 | 5,098,000 | 5,576,000 | 5,085,000 | 6,726,000 | 7,973,000 | 10,265,000 | 3,998,000 | 28,203,000 | 28,635,000 | 28,428,000 | 32,335,000 | 29,774,000 | 26,878,000 | 19,906,000 | 15,638,000 | 18,570,000 | 13,996,000 | 32,849,000 | 20,678,000 | 18,378,000 | 17,718,000 | 13,408,000 | 13,719,000 | |||
total liabilities | 383,224,000 | 351,433,000 | 458,114,000 | 341,075,000 | 352,530,000 | 391,989,000 | 477,660,000 | 372,075,000 | 350,843,000 | 412,105,000 | 486,557,000 | 445,618,000 | 437,416,000 | 465,366,000 | 486,977,000 | 451,560,000 | 553,155,000 | 643,965,000 | 563,252,000 | 519,779,000 | 505,414,000 | 555,381,000 | 490,490,000 | 423,090,000 | 445,540,000 | 559,274,000 | 555,786,000 | 501,900,000 | 472,282,000 | 486,247,000 | 516,527,000 | 437,840,000 | 432,797,000 | 551,541,000 | 485,159,000 | 409,149,000 | 349,245,000 | 475,695,000 | 393,667,000 | 266,990,000 | 249,534,000 | 330,943,000 | 378,591,000 | 328,559,000 | 228,914,000 | 276,487,000 | 238,397,000 | 267,726,000 |
commitments, contingencies and guarantees | ||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock and additional paid-in capital, 0.0001 par value... | 1,047,276,000 | 1,044,875,000 | 1,039,715,000 | 1,035,884,000 | 1,031,527,000 | 1,026,527,000 | 1,021,590,000 | 1,014,115,000 | 1,006,527,000 | 998,373,000 | 989,189,000 | 979,904,000 | 969,363,000 | 960,903,000 | 952,152,000 | 944,642,000 | 935,674,000 | 1,008,872,000 | 1,000,579,000 | 995,510,000 | 985,768,000 | 980,147,000 | 951,639,000 | 943,927,000 | 938,372,000 | 930,875,000 | 924,725,000 | 915,051,000 | 905,625,000 | 894,755,000 | 886,360,000 | 874,939,000 | 866,033,000 | 854,452,000 | 840,169,000 | 827,382,000 | 771,475,000 | 757,226,000 | 702,190,000 | 687,894,000 | 678,132,000 | 663,311,000 | 651,904,000 | 622,986,000 | 576,764,000 | |||
treasury stock | -193,231,000 | -193,231,000 | -193,231,000 | -193,231,000 | -193,231,000 | -193,231,000 | -193,231,000 | -193,231,000 | -193,231,000 | -193,231,000 | -183,231,000 | -173,231,000 | -158,231,000 | -153,231,000 | -145,231,000 | -135,375,000 | -123,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -113,613,000 | -35,613,000 | -35,613,000 | -35,613,000 | -35,613,000 | -35,613,000 | -35,613,000 | ||||||
accumulated deficit | -855,914,000 | -775,094,000 | -765,990,000 | -744,738,000 | -728,316,000 | -681,607,000 | -644,416,000 | -636,205,000 | -588,384,000 | -249,296,000 | -246,878,000 | -243,194,000 | -225,982,000 | -196,113,000 | -199,186,000 | -216,756,000 | -219,275,000 | -279,345,000 | -331,971,000 | -643,732,000 | -660,684,000 | -650,516,000 | -694,929,000 | -698,236,000 | -647,261,000 | -583,733,000 | -679,553,000 | -604,743,000 | -593,456,000 | -569,030,000 | -600,701,000 | -573,611,000 | -536,343,000 | -442,134,000 | -386,286,000 | -400,947,000 | -370,411,000 | -14,056,000 | -28,676,000 | |||||||||
total stockholders’ equity | -1,869,000 | 76,550,000 | 80,494,000 | 97,915,000 | 109,980,000 | 151,689,000 | 183,943,000 | 184,679,000 | 224,912,000 | 555,846,000 | 559,080,000 | 563,479,000 | 585,150,000 | 611,559,000 | 607,735,000 | 592,511,000 | 592,786,000 | 615,914,000 | 554,995,000 | 238,165,000 | 211,471,000 | 216,018,000 | 143,097,000 | 132,078,000 | 177,498,000 | 233,529,000 | 131,559,000 | 196,695,000 | 198,556,000 | 212,112,000 | 172,046,000 | 187,715,000 | 216,077,000 | 298,705,000 | 340,270,000 | 312,822,000 | 365,451,000 | 446,945,000 | 507,618,000 | 597,390,000 | 679,395,000 | 772,033,000 | 830,690,000 | 782,973,000 | 701,720,000 | 641,204,000 | 350,661,000 | 47,247,000 |
total liabilities and stockholders’ equity | 381,355,000 | 427,983,000 | 538,608,000 | 438,990,000 | 462,510,000 | 543,678,000 | 661,603,000 | 556,754,000 | 575,755,000 | 967,951,000 | 1,045,637,000 | 1,009,097,000 | 1,022,566,000 | 1,076,925,000 | 1,094,712,000 | 1,044,071,000 | 1,145,941,000 | 1,259,879,000 | 1,118,247,000 | 757,944,000 | 716,885,000 | 771,399,000 | 633,587,000 | 555,168,000 | 623,038,000 | 792,803,000 | 687,345,000 | 698,595,000 | 670,838,000 | 698,359,000 | 688,573,000 | 625,555,000 | 648,874,000 | 850,246,000 | 825,429,000 | 721,971,000 | 714,696,000 | 922,640,000 | 901,285,000 | 864,380,000 | 928,929,000 | 1,102,976,000 | 1,209,281,000 | 1,111,532,000 | 930,634,000 | 392,200,000 | ||
restricted cash | 94,340,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
marketable securities | 23,867,000 | 38,488,000 | 81,793,000 | 136,814,000 | 143,602,000 | 131,619,000 | 119,172,000 | 144,616,000 | 137,830,000 | 82,184,000 | 32,889,000 | 7,495,000 | 14,847,000 | 35,960,000 | 38,860,000 | 46,319,000 | 45,417,000 | 4,996,000 | 24,951,000 | 39,846,000 | 44,886,000 | 31,946,000 | 25,839,000 | 93,315,000 | 115,688,000 | 139,951,000 | 194,386,000 | 233,133,000 | 178,953,000 | 168,741,000 | 102,327,000 | |||||||||||||||||
intangible assets | 62,000 | 133,000 | 203,000 | 491,000 | 1,214,000 | 1,937,000 | 2,901,000 | 3,925,000 | 5,247,000 | 7,111,000 | 8,974,000 | 10,983,000 | 13,065,000 | 15,147,000 | 18,511,000 | 21,844,000 | 24,499,000 | 26,860,000 | 29,001,000 | 31,142,000 | 33,530,000 | 37,496,000 | 46,073,000 | 36,781,000 | 31,027,000 | 32,547,000 | 27,527,000 | |||||||||||||||||||||
accrued liabilities | 135,892,000 | 193,913,000 | 129,854,000 | 146,945,000 | 213,030,000 | 149,395,000 | 151,317,000 | 170,297,000 | 211,323,000 | 183,905,000 | 151,102,000 | 148,309,000 | 192,446,000 | 166,116,000 | 133,442,000 | 103,350,000 | 115,775,000 | 99,928,000 | 78,819,000 | |||||||||||||||||||||||||||||
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | -274,668,000 | -158,959,000 | -54,891,000 | 36,876,000 | 144,335,000 | 178,786,000 | 159,987,000 | 124,956,000 | 108,204,000 | |||||||||||||||||||||||||||||||||||||||
long-term liabilities | 39,496,000 | 40,641,000 | 36,389,000 | |||||||||||||||||||||||||||||||||||||||||||||
income taxes payable | 6,630,000 | 4,691,000 | 2,940,000 | 2,732,000 | 4,795,000 | 4,366,000 | ||||||||||||||||||||||||||||||||||||||||||
intangible assets and goodwill | 24,874,000 | 17,032,000 | 16,529,000 | 16,805,000 | ||||||||||||||||||||||||||||||||||||||||||||
inventories | 153,026,000 | |||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 66,306,000 | |||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less current portion | 41,433,000 | |||||||||||||||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock—0.0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock—0.0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock and additional paid-in capital—0.0001 par value... | 533,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ equity | 917,691,000 | 589,058,000 | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock | ||||||||||||||||||||||||||||||||||||||||||||||||
class a common stock | 3,000 | |||||||||||||||||||||||||||||||||||||||||||||||
class b common stock | 10,000 | |||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 364,704,000 | 75,914,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash | 104,879,000 | |||||||||||||||||||||||||||||||||||||||||||||||
liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock, 0.0001 par value... | 77,227,000 | |||||||||||||||||||||||||||||||||||||||||||||||
equity | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||
class a common stock, 0.0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||
class b common stock, 0.0001 par value... | 9,000 |
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 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||
net loss | -80,820,000 | -9,104,000 | -21,252,000 | -16,422,000 | -46,709,000 | -8,211,000 | -47,821,000 | -339,088,000 | -10,168,000 | 44,413,000 | 3,307,000 | -50,975,000 | -63,528,000 | 95,820,000 | -74,810,000 | -11,287,000 | -24,365,000 | 31,671,000 | -27,089,000 | -37,269,000 | -76,347,000 | 14,661,000 | -30,536,000 | -111,150,000 | |||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 1,794,000 | 1,849,000 | 1,800,000 | 1,698,000 | 1,718,000 | 1,780,000 | 1,827,000 | 1,559,000 | 1,325,000 | 1,159,000 | 1,444,000 | 1,748,000 | 1,809,000 | 1,980,000 | 2,035,000 | 2,253,000 | 2,302,000 | 2,364,000 | 2,370,000 | 2,694,000 | 3,534,000 | 3,570,000 | 4,802,000 | 4,710,000 | 5,983,000 | 6,445,000 | 6,421,000 | 6,552,000 | 6,850,000 | 7,290,000 | 9,693,000 | 9,173,000 | 8,907,000 | 9,218,000 | 9,100,000 | 11,467,000 | 11,693,000 | 11,100,000 | 12,736,000 | 9,482,000 | 8,322,000 | 9,596,000 | 7,594,000 | 6,422,000 | 5,369,000 | 5,176,000 | 4,781,000 |
non-cash operating lease cost | 1,360,000 | 1,310,000 | 802,000 | 1,368,000 | -215,000 | 1,335,000 | 1,326,000 | -2,693,000 | 1,082,000 | 957,000 | 5,000 | 645,000 | 1,483,000 | 1,335,000 | 1,858,000 | 630,000 | 1,678,000 | 442,000 | 1,352,000 | 1,526,000 | 920,000 | 1,658,000 | 749,000 | 2,123,000 | 2,035,000 | -609,000 | |||||||||||||||||||||
stock-based compensation | 2,998,000 | 4,393,000 | 4,663,000 | 5,116,000 | 5,370,000 | 5,199,000 | 7,372,000 | 7,791,000 | 8,770,000 | 10,031,000 | 10,017,000 | 11,117,000 | 10,314,000 | 9,565,000 | 9,339,000 | 10,251,000 | 9,836,000 | 10,423,000 | 9,329,000 | 10,029,000 | 8,869,000 | 8,037,000 | 8,413,000 | 5,876,000 | 7,637,000 | 7,028,000 | 9,769,000 | 10,606,000 | 9,785,000 | 9,716,000 | 10,337,000 | 10,011,000 | 10,823,000 | 15,020,000 | 11,875,000 | 11,235,000 | 13,125,000 | 17,926,000 | 18,466,000 | 17,404,000 | 15,731,000 | 18,120,000 | 17,870,000 | 18,189,000 | 26,501,000 | 19,256,000 | 13,913,000 |
goodwill impairment | 0 | 0 | 0 | 18,600,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 573,000 | 432,000 | -22,000 | -233,000 | 103,000 | 12,000 | 49,000 | -65,000 | 296,775,000 | 73,000 | -1,891,000 | -6,152,000 | -9,921,000 | -3,437,000 | 3,750,000 | -534,000 | 2,931,000 | -3,619,000 | -269,913,000 | -7,000 | -2,000 | 1,000 | -104,000 | 47,000 | 6,000 | -45,000 | 110,000 | -59,000 | -38,000 | 598,000 | -362,000 | -32,000 | -593,000 | -709,000 | 76,000 | 156,000 | -2,050,000 | 59,524,000 | -7,462,000 | -3,166,000 | -10,328,000 | -4,580,000 | |||||
loss on extinguishment of debt | 8,870,000 | ||||||||||||||||||||||||||||||||||||||||||||||
derivative expense | 7,552,000 | ||||||||||||||||||||||||||||||||||||||||||||||
changes in fair value of derivative liability | 5,652,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other | 2,124,000 | 655,000 | 598,000 | 178,000 | 106,000 | 1,088,000 | -1,731,000 | 453,000 | 651,000 | -632,000 | 25,000 | -753,000 | -1,240,000 | -1,361,000 | 367,000 | 1,012,000 | 1,004,000 | 1,369,000 | 1,705,000 | -943,000 | 112,000 | 334,000 | -461,000 | 527,000 | 672,000 | -403,000 | -1,008,000 | 558,000 | -329,000 | 1,997,000 | 266,000 | -839,000 | 272,000 | 203,000 | 128,000 | 2,133,000 | 1,630,000 | 2,820,000 | 3,592,000 | 397,000 | 765,000 | 26,000 | 1,030,000 | 731,000 | 639,000 | ||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 31,515,000 | -6,109,000 | -3,869,000 | -6,628,000 | 9,309,000 | 47,037,000 | -46,689,000 | -17,486,000 | 22,429,000 | 16,152,000 | -25,186,000 | -25,391,000 | 19,947,000 | 8,037,000 | 3,548,000 | -17,257,000 | 43,501,000 | -15,568,000 | -2,669,000 | -27,903,000 | 37,998,000 | -156,000 | -38,649,000 | -17,374,000 | 149,263,000 | -128,429,000 | 72,642,000 | -26,742,000 | 11,260,000 | 20,352,000 | -32,876,000 | -35,213,000 | 31,277,000 | -12,596,000 | -4,447,000 | -40,267,000 | 109,588,000 | -72,522,000 | -26,993,000 | -18,669,000 | 99,368,000 | -25,035,000 | -2,214,000 | -12,122,000 | 77,684,000 | -89,989,000 | -45,498,000 |
inventory | 6,226,000 | 5,633,000 | 418,000 | 11,800,000 | 24,434,000 | 34,543,000 | -57,928,000 | 33,921,000 | -24,986,000 | 48,610,000 | -19,467,000 | 19,395,000 | -27,673,000 | 26,263,000 | -27,387,000 | -6,611,000 | -32,987,000 | 34,482,000 | -14,140,000 | 5,082,000 | -13,919,000 | 34,902,000 | 9,335,000 | 29,871,000 | -27,786,000 | 105,796,000 | -120,862,000 | -10,200,000 | -2,512,000 | 6,791,000 | -37,154,000 | 46,524,000 | 17,932,000 | 26,639,000 | -50,482,000 | 81,027,000 | -40,543,000 | -21,961,000 | -55,342,000 | 49,847,000 | 48,496,000 | 101,289,000 | -70,249,000 | -55,028,000 | -11,017,000 | -38,170,000 | |
prepaid expenses and other current assets | -236,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other liabilities | -24,294,000 | 11,131,000 | 33,602,000 | 7,183,000 | -63,050,000 | -85,969,000 | 104,309,000 | 22,860,000 | -62,362,000 | -29,938,000 | 42,766,000 | 10,573,000 | -27,627,000 | -29,976,000 | 34,583,000 | 21,528,000 | -123,247,000 | 66,624,000 | 36,428,000 | 9,342,000 | -56,132,000 | -6,176,000 | 88,619,000 | -25,427,000 | -144,517,000 | -3,271,000 | 55,723,000 | 25,398,000 | -74,640,000 | -33,933,000 | 74,544,000 | 6,868,000 | -117,879,000 | 62,021,000 | 72,104,000 | -73,012,000 | -105,524,000 | 114,357,000 | 114,076,000 | -1,491,000 | -84,001,000 | -44,680,000 | 62,759,000 | 100,399,000 | -50,017,000 | ||
deferred revenue | 68,000 | 515,000 | -755,000 | -2,099,000 | -1,784,000 | 1,337,000 | 645,000 | -2,035,000 | -717,000 | 3,581,000 | -1,851,000 | -2,080,000 | -988,000 | 6,535,000 | 2,670,000 | 1,791,000 | 965,000 | 9,928,000 | 3,708,000 | 2,072,000 | 3,499,000 | 8,484,000 | 6,169,000 | -763,000 | -1,694,000 | 4,215,000 | -2,053,000 | -310,000 | -1,323,000 | 676,000 | -892,000 | 51,000 | -2,509,000 | 3,154,000 | 1,396,000 | 1,436,000 | -737,000 | 3,653,000 | -28,000 | -2,562,000 | 1,105,000 | -353,000 | -203,000 | 971,000 | -1,695,000 | 5,783,000 | -163,000 |
net cash from operating activities | -36,618,000 | 15,603,000 | 12,162,000 | 8,752,000 | -57,186,000 | -25,099,000 | -2,244,000 | 605,000 | -98,403,000 | 43,729,000 | -1,638,000 | -7,852,000 | -67,102,000 | 25,562,000 | 40,736,000 | 12,856,000 | -73,407,000 | 163,848,000 | 67,623,000 | 23,174,000 | -25,492,000 | 106,253,000 | 99,557,000 | -43,744,000 | -68,284,000 | 88,251,000 | -46,675,000 | -1,036,000 | -64,984,000 | 45,963,000 | 9,763,000 | -1,048,000 | -97,112,000 | 56,990,000 | 55,523,000 | -11,428,000 | -137,938,000 | 12,696,000 | -41,724,000 | -45,460,000 | -33,265,000 | 20,848,000 | 4,622,000 | 65,874,000 | 66,267,000 | 43,190,000 | 46,983,000 |
investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -1,043,000 | -645,000 | -934,000 | -478,000 | -1,305,000 | -416,000 | -1,943,000 | -716,000 | -964,000 | -535,000 | -24,000 | -478,000 | -483,000 | -242,000 | -1,911,000 | -774,000 | -520,000 | -705,000 | -2,822,000 | -950,000 | -1,068,000 | -321,000 | -2,397,000 | -1,368,000 | -795,000 | -2,038,000 | -4,311,000 | -1,275,000 | -724,000 | -2,800,000 | -1,326,000 | -96,000 | -6,782,000 | -5,748,000 | -8,201,000 | -4,946,000 | -5,166,000 | -17,111,000 | -14,324,000 | -3,973,000 | -8,219,000 | -18,919,000 | -11,057,000 | -16,062,000 | -5,207,000 | ||
net cash from investing activities | -1,043,000 | -645,000 | -934,000 | -478,000 | -1,305,000 | -416,000 | -1,943,000 | -716,000 | 10,728,000 | 14,465,000 | 43,976,000 | 55,726,000 | 7,735,000 | -11,099,000 | -14,067,000 | 24,509,000 | -7,731,000 | -56,609,000 | -52,202,000 | -33,840,000 | -1,068,000 | -321,000 | -2,397,000 | 6,132,000 | 6,097,000 | 19,090,000 | -1,320,000 | 6,384,000 | -1,383,000 | -38,135,000 | 18,674,000 | 14,904,000 | -1,678,000 | -18,649,000 | -40,119,000 | -4,946,000 | 20,617,000 | 50,140,000 | 7,598,000 | -39,422,000 | 970,000 | 18,449,000 | -73,571,000 | -79,683,000 | -77,172,000 | -108,138,000 | -10,197,000 |
financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | 303,000 | 2,000,000 | 332,000 | 0 | 374,000 | 0 | 770,000 | 1,000 | 1,379,000 | 0 | 1,552,000 | 0 | 2,324,000 | 74,000 | 2,000,000 | 87,000 | 2,599,000 | 265,000 | 3,025,000 | 1,202,000 | 2,998,000 | 1,927,000 | 1,599,000 | 22,000 | 1,887,000 | 0 | 1,697,000 | 65,000 | 3,812,000 | 38,000 | 1,706,000 | 215,000 | 3,210,000 | 128,000 | 2,994,000 | 591,000 | 6,038,000 | -2,567,000 | 937,000 | 302,000 | 4,103,000 | 1,935,000 | |||||
taxes paid related to net share settlement of equity awards | -429,000 | -754,000 | -538,000 | -121,000 | -503,000 | -232,000 | -667,000 | -203,000 | -1,977,000 | -862,000 | -2,312,000 | -583,000 | -4,251,000 | -1,083,000 | -3,839,000 | -1,313,000 | -7,175,000 | -2,366,000 | -7,038,000 | -1,729,000 | -6,246,000 | -1,494,000 | -2,359,000 | -351,000 | -2,003,000 | -820,000 | -1,801,000 | -1,324,000 | -2,673,000 | -1,262,000 | -1,636,000 | -1,350,000 | -2,402,000 | -840,000 | -3,068,000 | -1,927,000 | -6,283,000 | -7,326,000 | -3,041,000 | -1,321,000 | |||||||
proceeds from borrowings | 30,250,000 | 0 | 88,174,000 | 0 | 25,000,000 | 0 | 0 | 0 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||
repayments of borrowings | -375,000 | ||||||||||||||||||||||||||||||||||||||||||||||
payment of debt issuance costs | -941,000 | 0 | -1,000 | -713,000 | |||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 28,808,000 | -117,947,000 | 83,085,000 | -20,121,000 | 24,871,000 | -232,000 | 103,000 | -202,000 | -598,000 | -57,112,000 | -10,760,000 | -15,583,000 | -6,927,000 | -9,010,000 | -11,695,000 | -137,988,000 | -14,576,000 | -2,101,000 | -4,013,000 | -527,000 | -3,248,000 | 73,182,000 | -30,760,000 | -329,000 | 29,884,000 | -820,000 | -104,000 | -1,259,000 | 1,139,000 | 1,226,000 | 70,000 | -3,585,000 | 808,000 | -712,000 | -788,000 | 90,414,000 | -320,000 | -1,524,000 | 2,328,000 | -201,000 | 1,352,000 | -39,789,000 | 11,079,000 | 28,207,000 | 16,168,000 | 147,128,000 | 96,084,000 |
effect of exchange rate changes on cash and cash equivalents | -98,000 | 784,000 | 443,000 | -1,637,000 | 1,243,000 | -309,000 | -777,000 | 642,000 | -507,000 | -204,000 | 385,000 | 792,000 | 185,000 | -563,000 | 764,000 | -135,000 | 220,000 | 74,000 | -205,000 | -104,000 | -415,000 | 465,000 | 259,000 | 245,000 | 838,000 | 404,000 | -775,000 | -137,000 | -122,000 | -12,000 | 195,000 | -192,000 | 468,000 | -2,027,000 | |||||||||||||
net change in cash and cash equivalents | -8,951,000 | -11,063,000 | -33,177,000 | -27,384,000 | -2,841,000 | -622,000 | -89,050,000 | 1,724,000 | 31,071,000 | 32,087,000 | -65,909,000 | 67,192,000 | -37,756,000 | -32,866,000 | 107,285,000 | -48,234,000 | 4,309,000 | -65,154,000 | |||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 49,674,000 | 0 | 102,811,000 | 0 | 0 | 0 | 222,708,000 | 0 | 0 | 0 | 223,735,000 | 0 | 0 | 150,301,000 | 0 | 0 | 0 | 152,095,000 | 0 | 0 | 0 | 202,504,000 | 0 | 0 | 0 | 192,114,000 | 0 | 0 | 0 | 279,672,000 | 0 | 0 | 0 | 319,929,000 | 0 | ||||||||||||
cash and cash equivalents at end of period | 40,723,000 | -11,063,000 | 69,634,000 | -27,384,000 | -2,841,000 | -622,000 | 133,658,000 | 1,724,000 | 31,071,000 | 32,087,000 | 157,826,000 | 67,192,000 | -37,756,000 | 117,435,000 | 107,285,000 | -48,234,000 | 4,309,000 | 86,941,000 | 8,849,000 | 28,403,000 | 9,856,000 | 104,987,000 | 37,888,000 | 14,861,000 | 74,878,000 | 74,877,000 | 60,537,000 | -31,935,000 | -85,205,000 | 248,717,000 | -297,000 | -58,062,000 | 14,866,000 | 323,165,000 | 132,870,000 | ||||||||||||
impairment of right-of-use assets | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | |||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | 4,898,000 | -3,823,000 | 6,791,000 | -5,068,000 | 5,730,000 | -3,213,000 | 845,000 | -2,282,000 | -754,000 | -3,816,000 | 258,000 | -3,337,000 | 3,320,000 | -7,597,000 | -2,726,000 | 14,925,000 | 1,104,000 | -15,898,000 | 818,000 | -3,537,000 | 2,779,000 | 476,000 | 1,865,000 | 1,272,000 | -650,000 | 2,928,000 | -553,000 | 5,761,000 | 3,187,000 | 8,728,000 | -2,663,000 | 26,138,000 | 4,453,000 | -1,783,000 | 21,569,000 | -14,936,000 | -4,092,000 | -1,244,000 | -4,708,000 | -4,574,000 | |||||||
purchases of marketable securities | 0 | 0 | 0 | -25,782,000 | -61,857,000 | -56,656,000 | -23,966,000 | -23,111,000 | -64,245,000 | -49,380,000 | 0 | -13,469,000 | -23,219,000 | -6,948,000 | -42,835,000 | 0 | 0 | -14,896,000 | -20,400,000 | -12,869,000 | -94,860,000 | -32,958,000 | -79,368,000 | ||||||||||||||||||||||||
maturities of marketable securities | 0 | 0 | 0 | 24,000,000 | 15,000,000 | 44,000,000 | 56,204,000 | 34,000,000 | 51,000,000 | 44,500,000 | 49,249,000 | 15,900,000 | 0 | 0 | 7,500,000 | 7,330,000 | 5,150,000 | 16,460,000 | 30,878,000 | 4,400,000 | 2,500,000 | 20,000,000 | 15,000,000 | 20,000,000 | 7,499,000 | 0 | 0 | 14,160,000 | 26,694,000 | ||||||||||||||||||
acquisition, net of cash acquired | 0 | 0 | 0 | -12,308,000 | |||||||||||||||||||||||||||||||||||||||||||
repurchase of outstanding common stock | -10,000,000 | -10,000,000 | -15,000,000 | -5,000,000 | -8,001,000 | -9,856,000 | -11,762,000 | -10,000,000 | |||||||||||||||||||||||||||||||||||||||
repayment of 2025 convertible senior notes | |||||||||||||||||||||||||||||||||||||||||||||||
repayment of debt | -2,601,000 | 0 | 0 | 0 | -108,000,000 | ||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents, and restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||
net change in cash, cash equivalents, and restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of period | |||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at end of period | |||||||||||||||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||
receipt of equity from asset sale | |||||||||||||||||||||||||||||||||||||||||||||||
net income | -2,418,000 | -3,684,000 | -17,212,000 | -29,869,000 | 3,073,000 | 17,570,000 | 2,519,000 | 5,685,000 | 52,626,000 | 311,761,000 | -115,709,000 | -104,068,000 | -91,767,000 | -107,459,000 | -34,451,000 | 18,799,000 | 35,031,000 | 16,752,000 | 122,260,000 | 14,620,000 | |||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||
non-cash restructuring charges | 0 | 0 | 0 | -99,000 | 0 | 1,943,000 | 0 | 0 | 2,000 | -201,000 | 494,000 | 2,532,000 | 323,000 | 2,933,000 | 3,456,000 | 1,059,000 | 1,834,000 | 966,000 | |||||||||||||||||||||||||||||
payment to partially repurchase 2025 convertible senior notes | |||||||||||||||||||||||||||||||||||||||||||||||
supplementary cash flow disclosure: | |||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | |||||||||||||||||||||||||||||||||||||||||||||||
non-cash interest expense | 3,673,000 | 3,590,000 | 3,512,000 | 3,433,000 | 3,018,000 | 2,498,000 | 2,477,000 | 2,373,000 | 2,354,000 | 2,255,000 | 2,236,000 | 2,142,000 | 2,124,000 | 2,036,000 | 2,018,000 | 1,934,000 | 1,979,000 | 1,836,000 | |||||||||||||||||||||||||||||
cash paid (refunded) for income taxes | |||||||||||||||||||||||||||||||||||||||||||||||
asset acquisition | 0 | 0 | 0 | -438,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 2025 convertible senior notes | |||||||||||||||||||||||||||||||||||||||||||||||
purchase of capped calls related to 2025 convertible senior notes | |||||||||||||||||||||||||||||||||||||||||||||||
payments for 2022 convertible senior notes partial repurchase | |||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | 1,121,000 | -1,092,000 | -1,417,000 | -54,000 | -408,000 | -857,000 | 245,000 | -1,092,000 | |||||||||||||||||||||||||||||||||||||||
net change in cash, cash equivalents and restricted cash | 6,574,000 | 13,882,000 | -102,040,000 | -95,768,000 | 104,730,000 | 10,551,000 | -10,948,000 | -30,900,000 | |||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 0 | 0 | 0 | 401,087,000 | 0 | 0 | 0 | 327,654,000 | |||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | 6,574,000 | 13,882,000 | -102,040,000 | 305,319,000 | 104,730,000 | 10,551,000 | -10,948,000 | 296,754,000 | |||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | |||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment included in accounts payable and accrued liabilities | 491,000 | -3,820,000 | |||||||||||||||||||||||||||||||||||||||||||||
sale of marketable securities | 15,978,000 | 0 | 0 | 1,889,000 | 0 | 0 | 0 | 11,623,000 | 40,557,000 | ||||||||||||||||||||||||||||||||||||||
repayment of borrowings | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
gain on sale and license of intellectual property | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale and license of intellectual property | |||||||||||||||||||||||||||||||||||||||||||||||
restructuring-related impairment | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
prepayment of forward stock repurchase transaction | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
payment of deferred acquisition-related consideration | 0 | 1,000 | -1,000 | 0 | -75,000 | 0 | 0 | -594,000 | -356,000 | ||||||||||||||||||||||||||||||||||||||
amortization of leased assets | 2,763,000 | 2,626,000 | |||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock-based compensation | -1,089,000 | -1,457,000 | -227,000 | -690,000 | 3,202,000 | -60,689,000 | 22,072,000 | 6,067,000 | -53,542,000 | -2,756,000 | |||||||||||||||||||||||||||||||||||||
impairment of intangible assets | 1,088,000 | ||||||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | 0 | 0 | -59,313,000 | -45,040,000 | 0 | -7,699,000 | |||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -85,205,000 | -30,955,000 | -297,000 | -58,062,000 | 14,866,000 | 3,236,000 | 82,180,000 | 132,870,000 | |||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | 28,403,000 | 9,856,000 | -97,517,000 | 14,861,000 | 74,878,000 | -117,237,000 | |||||||||||||||||||||||||||||||||||||||||
payment of deferred public offering costs | -903,000 | ||||||||||||||||||||||||||||||||||||||||||||||
repurchases of outstanding common stock | |||||||||||||||||||||||||||||||||||||||||||||||
payment of credit facility issuance costs | -46,000 | -66,000 | -136,000 | -3,085,000 | |||||||||||||||||||||||||||||||||||||||||||
maturities and sales of marketable securities | 23,864,000 | 54,229,000 | |||||||||||||||||||||||||||||||||||||||||||||
accretion on investments | |||||||||||||||||||||||||||||||||||||||||||||||
sales of marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||
repurchases of outstanding class a common stock | |||||||||||||||||||||||||||||||||||||||||||||||
payment of debt issuance costs and deferred public offering costs | -1,283,000 | -1,391,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt | |||||||||||||||||||||||||||||||||||||||||||||||
foreign currency remeasurement and transaction losses | 447,000 | -604,000 | 2,190,000 | ||||||||||||||||||||||||||||||||||||||||||||
prepaids and other assets | 1,571,000 | -23,049,000 | 1,451,000 | 13,662,000 | |||||||||||||||||||||||||||||||||||||||||||
sales and maturities of marketable securities | 40,045,000 | 21,943,000 | 12,503,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock, net of repurchases | 13,994,000 | 9,176,000 | 12,325,000 | ||||||||||||||||||||||||||||||||||||||||||||
payment of deferred public offering and debt issuance costs | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
deferred taxes | -5,066,000 | -1,590,000 | -13,112,000 | -3,009,000 | |||||||||||||||||||||||||||||||||||||||||||
business acquisitions | -5,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||
provision for doubtful accounts | 560,000 | 165,000 | |||||||||||||||||||||||||||||||||||||||||||||
provision for inventory obsolescence | 1,226,000 | 1,533,000 | |||||||||||||||||||||||||||||||||||||||||||||
amortization and write-off debt discount and issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||
inventories | |||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
payments made in connection with business acquisitions | |||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from public offerings of common stock | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock on exercised options | |||||||||||||||||||||||||||||||||||||||||||||||
purchase of shares and net exercise of stock options | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
payment of indemnification holdback on acquired company | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt and revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||
cash distribution to stockholders | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents: | |||||||||||||||||||||||||||||||||||||||||||||||
beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||
end of year | |||||||||||||||||||||||||||||||||||||||||||||||
cash paid for | |||||||||||||||||||||||||||||||||||||||||||||||
interest | |||||||||||||||||||||||||||||||||||||||||||||||
income taxes | |||||||||||||||||||||||||||||||||||||||||||||||
accretion of preferred stock dividends | |||||||||||||||||||||||||||||||||||||||||||||||
conversion of preferred stock to common stock, net of issuance cost accretion | |||||||||||||||||||||||||||||||||||||||||||||||
reclass of deferred public offering costs to additional paid-in capital | 1,556,000 | ||||||||||||||||||||||||||||||||||||||||||||||
deferred public offering costs not yet paid | |||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||
amortization and write-off of debt discount and issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||
loss on disposals of fixed assets | |||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -1,043,000 | -645,000 | -934,000 | -478,000 | -1,305,000 | -416,000 | -1,943,000 | -716,000 | -964,000 | -535,000 | -24,000 | -478,000 | -483,000 | -242,000 | -1,911,000 | -774,000 | -520,000 | -705,000 | -2,822,000 | -950,000 | -1,068,000 | -321,000 | -2,397,000 | -1,368,000 | -795,000 | -2,038,000 | -4,311,000 | -1,275,000 | -724,000 | -2,800,000 | -1,326,000 | -96,000 | -6,782,000 | -5,748,000 | -8,201,000 | -4,946,000 | -5,166,000 | -17,111,000 | -14,324,000 | -3,973,000 | -8,219,000 | -18,919,000 | -11,057,000 | -16,062,000 | -5,207,000 | 491,000 | -10,197,000 |
free cash flows | -37,661,000 | 14,958,000 | 11,228,000 | 8,274,000 | -58,491,000 | -25,515,000 | -4,187,000 | -111,000 | -99,367,000 | 43,194,000 | -1,662,000 | -8,330,000 | -67,585,000 | 25,320,000 | 38,825,000 | 12,082,000 | -73,927,000 | 163,143,000 | 64,801,000 | 22,224,000 | -26,560,000 | 105,932,000 | 97,160,000 | -45,112,000 | -69,079,000 | 86,213,000 | -50,986,000 | -2,311,000 | -65,708,000 | 43,163,000 | 8,437,000 | -1,144,000 | -103,894,000 | 51,242,000 | 47,322,000 | -16,374,000 | -143,104,000 | -4,415,000 | -56,048,000 | -49,433,000 | -41,484,000 | 1,929,000 | -6,435,000 | 49,812,000 | 61,060,000 | 43,681,000 | 36,786,000 |
cash paid for acquisition | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from initial public offering | |||||||||||||||||||||||||||||||||||||||||||||||
issuance of debt | |||||||||||||||||||||||||||||||||||||||||||||||
deferred public offering costs included in accounts payable and accrued liabilities | -1,390,000 | ||||||||||||||||||||||||||||||||||||||||||||||
conversion of redeemable convertible preferred stock to common stock upon initial public offering | |||||||||||||||||||||||||||||||||||||||||||||||
loss on disposals of fixed assets and other | |||||||||||||||||||||||||||||||||||||||||||||||
exercise of selling stockholder options |
