7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 
      
    		                                   
      cash flows from operating activities:
    		                                   
      net income
    		111,135,000 90,260,000 114,595,000 117,018,000 96,426,000 88,351,000 102,591,000 78,298,000 70,550,000 61,068,000 72,894,000 68,670,000 66,027,000 49,360,000 61,311,000 50,034,000 48,574,000 39,934,000 43,306,000 50,866,000 41,460,000 24,104,000 28,954,000 29,813,000 23,977,000 27,455,000 19,198,000 22,761,000 19,305,000 16,568,000 14,551,000 11,291,000 9,831,000 9,553,000 8,447,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                   
      depreciation
    		6,813,000 6,777,000 6,694,000 7,145,000 7,158,000 6,874,000 6,631,000 6,422,000 6,329,000 5,970,000 5,408,000 5,061,000 4,951,000 4,707,000 4,270,000 4,186,000 4,056,000 3,951,000 3,812,000 3,534,000 2,991,000 2,674,000 2,453,000 2,325,000 2,062,000 1,982,000 1,991,000 2,357,000 2,343,000 2,226,000 2,314,000 2,106,000 2,237,000 2,101,000 2,130,000 
      amortization
    		236,000 237,000 236,000 361,000 360,000 361,000 361,000 550,000 549,000 550,000 550,000 838,000 838,000 838,000 838,000 1,279,000 1,278,000 1,279,000 1,278,000 1,949,000 1,950,000 1,980,000 1,997,000 2,995,000 2,995,000 2,995,000 5,844,000 7,390,000 7,390,000 7,390,000 7,391,000 9,494,000 9,496,000 9,462,000 9,448,000 
      stock-based compensation expense
    		6,323,000 5,951,000 16,892,000 5,889,000 11,727,000 3,588,000 4,310,000 5,165,000 5,007,000 4,906,000 5,438,000 5,593,000 5,794,000 5,653,000 4,372,000 3,981,000 4,047,000 3,570,000 2,871,000 2,961,000 2,762,000 2,616,000 5,445,000 2,707,000 9,466,000 5,385,000 3,183,000 2,113,000 1,432,000 1,487,000 1,467,000 1,248,000 981,000 1,200,000 1,034,000 
      noncash lease expense
    		5,642,000 5,623,000 6,064,000 5,819,000 5,844,000 5,765,000 5,696,000 5,067,000 4,920,000 4,902,000 4,757,000 4,555,000 4,501,000 4,422,000 4,537,000 4,410,000 3,979,000 3,996,000 3,903,000 3,956,000 3,680,000 3,371,000 2,917,000 2,737,000 2,425,000 2,424,000 2,363,000         
      deferred income tax provision
    		28,510,000 34,107,000 749,000              632,000 1,378,000 1,289,000 -6,384,000 4,495,000 1,337,000 1,079,000 7,211,000 999,000 1,184,000 656,000 -3,318,000        
      other
    		87,000 -18,000 -502,000 -173,000 67,000 327,000 -4,230,000 1,884,000 1,720,000 556,000 -1,455,000 -1,622,000 438,000 -58,000 -265,000 463,000 82,000 7,000 124,000 63,000 180,000 -198,000 -67,000 -14,000 1,758,000 53,000 -43,000 1,166,000 -256,000 775,000 -32,000 -58,000 129,000 -492,000 -252,000 
      changes in assets and liabilities:
    		                                   
      accounts receivable and unbilled
    		4,861,000 -79,911,000 -2,069,000 15,274,000 -10,318,000 -21,830,000 19,116,000 -8,968,000 -17,580,000 -17,390,000 -4,344,000 -4,482,000 -23,379,000 -835,000 -38,224,000 64,000 -24,693,000 -1,442,000 1,089,000 -26,930,000 -7,124,000 9,223,000 19,301,000 -15,274,000 9,488,000 -19,725,000 4,255,000 -14,202,000 7,444,000 -2,529,000 -17,760,000 -8,238,000 1,935,000 5,697,000 -2,292,000 
      prepaid expenses and other current assets
    		17,523,000 -15,577,000 -17,553,000 -982,000 143,000 -2,046,000 -9,205,000 11,940,000 2,877,000 -1,626,000 -10,205,000 7,222,000 1,392,000 -13,242,000 -5,547,000 12,915,000 -7,160,000 -8,816,000 -6,073,000 6,096,000 -8,960,000 1,834,000 -2,694,000 1,658,000 -5,625,000 -1,772,000 -1,642,000 1,301,000 -1,738,000 -590,000 -214,000 -2,262,000 -752,000 -272,000 -247,000 
      accounts payable
    		-10,725,000 1,301,000 10,720,000 64,000 -576,000 4,898,000 -7,351,000 1,972,000 -3,262,000 -2,116,000 4,457,000 5,661,000 -1,782,000 3,593,000 -1,041,000 -284,000 2,420,000 2,368,000 -2,638,000 3,014,000 1,562,000 -364,000 -6,809,000 1,912,000 -2,520,000 8,022,000 -2,684,000 2,665,000 -2,698,000 676,000 699,000 5,283,000 2,388,000 -1,524,000 -1,331,000 
      accrued expenses
    		45,272,000 35,409,000 -23,160,000 2,949,000 13,018,000 22,047,000 -21,132,000 27,157,000 33,664,000 30,623,000 -9,364,000 4,628,000 32,205,000 19,294,000 -3,651,000 1,465,000 12,754,000 21,980,000 -10,043,000 16,612,000 13,552,000 -4,176,000 -1,757,000 6,397,000 9,361,000 11,287,000 -5,221,000 7,416,000 7,429,000 8,916,000 5,268,000 3,527,000 3,558,000 2,110,000 -10,508,000 
      advanced billings
    		25,545,000 90,067,000 8,131,000 39,646,000 32,522,000 21,720,000 56,837,000 41,105,000 28,198,000 24,517,000 3,311,000 44,802,000 16,559,000 34,147,000 22,580,000 40,793,000 21,631,000 4,410,000 22,143,000 53,052,000 7,261,000 5,789,000 -2,695,000 22,683,000 4,355,000 15,109,000 2,437,000 7,316,000 12,431,000 9,029,000 6,817,000 5,354,000 2,675,000 4,952,000 -5,246,000 
      lease liabilities
    		-5,516,000 -6,067,000 -6,548,000 -5,990,000 -4,392,000 -5,079,000 -5,946,000 -4,440,000 -5,054,000 -4,095,000 -5,284,000 -4,765,000 -3,429,000 -4,163,000 -3,542,000 -4,297,000 -3,379,000 -4,801,000 -3,155,000 -3,999,000 -2,574,000 -2,697,000 -2,236,000 -2,557,000 -2,139,000 -2,297,000 -2,041,000         
      other assets and liabilities
    		10,503,000 -19,633,000 11,587,000 27,845,000 -1,390,000 -8,525,000 5,864,000 4,052,000 -5,934,000 -22,701,000 14,976,000 21,566,000 5,218,000 -6,216,000 1,486,000 -3,537,000 8,299,000 -4,886,000 -420,000 883,000 -1,297,000 -1,051,000 3,441,000 -5,453,000 7,811,000 -6,008,000 5,771,000 2,530,000 -1,173,000 -2,521,000 3,089,000 1,724,000 1,253,000 -2,079,000 1,884,000 
      net cash from operating activities
    		246,209,000 148,526,000 125,836,000 190,666,000 149,075,000 116,397,000 152,677,000 156,395,000 114,385,000 82,518,000 80,076,000 136,684,000 108,491,000 96,619,000 46,256,000 70,894,000 72,353,000 62,761,000 57,319,000 105,498,000 59,763,000 44,267,000 49,148,000 56,940,000 64,292,000 46,630,000 34,005,000 39,442,000 52,501,000 41,343,000 23,298,000 28,652,000 39,000,000 30,408,000 -675,000 
      capex
    		0 0 0 2,299,000 -851,000 -1,809,000 5,345,000 550,000 -1,144,000 -1,368,000 7,216,000 -1,256,000 1,653,000 0 0 928,000 -400,000 0 0 8,248,000 -965,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 
      free cash flows
    		246,209,000 148,526,000 125,836,000 192,965,000 148,224,000 114,588,000 158,022,000 156,945,000 113,241,000 81,150,000 87,292,000 135,428,000 110,144,000 96,619,000 46,256,000 71,822,000 71,953,000 62,761,000 57,319,000 113,746,000 58,798,000 44,267,000 49,148,000 56,940,000 64,292,000 46,630,000 34,005,000 39,442,000 52,501,000 41,343,000 23,298,000 28,652,000 39,000,000 30,408,000 -675,000 
      cash flows from investing activities:
    		                                   
      property and equipment expenditures
    		-10,713,000 -6,113,000 -9,994,000 -7,643,000 -10,537,000 -12,871,000 -5,497,000 -9,986,000 -8,703,000 -8,446,000 -9,513,000 -9,243,000 -7,179,000 -11,200,000 -9,257,000 -9,116,000 -6,640,000 -6,008,000 -6,507,000 -7,786,000 -8,669,000 -9,324,000 -5,561,000 -5,760,000 -6,162,000 -3,470,000 -2,520,000 -3,449,000 -2,782,000 -5,842,000 -3,951,000 -3,395,000 -2,310,000 -1,645,000 -4,374,000 
      net cash from investing activities
    		-10,660,000 -6,020,000 -9,987,000 -7,562,000 -10,486,000 -12,790,000 2,530,000 -7,997,000 -8,662,000 -8,467,000 -9,503,000 -9,220,000 -7,187,000 -11,127,000 -11,208,000 -9,116,000 -6,600,000 -5,997,000 -9,651,000 -7,734,000 -8,643,000 -9,315,000 -5,522,000 -5,730,000 -6,132,000 -3,440,000 -3,842,000 -4,212,000 -2,790,000 -6,043,000 -3,928,000 -3,383,000 -2,349,000 -2,147,000 -4,358,000 
      cash flows from financing activities:
    		                                   
      proceeds from stock option exercises
    		7,987,000 351,000 25,934,000 1,258,000 6,274,000 666,000 7,660,000 1,523,000 5,728,000 1,664,000 2,463,000 5,761,000 892,000 1,554,000 13,867,000 2,431,000 1,012,000 5,098,000 9,102,000 7,239,000 6,777,000 645,000 1,331,000 834,000 1,795,000 2,919,000 972,000 679,000 635,000 609,000 566,000 625,000 232,000 762,000 193,000 
      repurchases of common stock
    		-4,574,000 -540,915,000 -371,900,000     0 0 -23,874,000 -120,146,000 -47,182,000 0 -374,717,000 -425,950,000 0 -6,219,000   -47,447,000 0 -9,051,000 -41,776,000         -60,323,000 -68,855,000   
      net cash from financing activities
    		3,413,000 -540,564,000 -345,966,000 -168,609,000 6,274,000 666,000 7,660,000 1,523,000 -49,272,000 -82,210,000 -52,683,000 -131,121,000 -109,108,000 -123,463,000 -412,083,000 2,431,000 -5,207,000 -50,779,000 9,102,000 -40,208,000 6,777,000 -8,406,000 -40,445,000 834,000 1,795,000 -53,519,000 -23,028,000 -33,847,000 -49,748,000 -33,975,000 -24,010,000 -23,234,000 -42,144,000 -29,145,000 -3,305,000 
      effect of exchange rates on cash, cash equivalents, and restricted cash
    		59,000 2,952,000 2,117,000 -1,959,000 1,143,000 -389,000 -1,306,000 321,000 -382,000 375,000 767,000 915,000 -3,740,000 -2,321,000 -1,426,000 -1,292,000 -1,168,000 147,000 -1,659,000 983,000 427,000 358,000 -1,102,000 586,000 -763,000 300,000 -290,000 -352,000 51,000 -1,340,000 400,000 210,000 410,000 605,000 540,000 
      increase in cash, cash equivalents, and restricted cash
    		239,021,000 -395,106,000 -228,000,000 12,536,000 146,006,000 103,884,000 161,561,000 150,242,000 56,069,000 -7,784,000 18,657,000 -2,742,000 -11,544,000 -40,292,000 -378,461,000 62,917,000 59,378,000 6,132,000 55,111,000 58,539,000 58,324,000 26,904,000 2,079,000 52,630,000   6,845,000     2,245,000   -7,798,000 
      cash, cash equivalents, and restricted cash — beginning of period
    		0 0 669,436,000 0 0 0 245,449,000 0 0 0 28,265,000 0 0 0 461,304,000 0 0 0 277,766,000 0 0 0 131,920,000 0 0 0 23,282,000 0 0 0 26,492,000 0 0 0 37,407,000 
      cash, cash equivalents, and restricted cash — end of period
    		239,021,000 -395,106,000 441,436,000 12,536,000 146,006,000 103,884,000 407,010,000 150,242,000 56,069,000 -7,784,000 46,922,000 -2,742,000 -11,544,000 -40,292,000 82,843,000 62,917,000 59,378,000 6,132,000 332,877,000 58,539,000 58,324,000 26,904,000 133,999,000 52,630,000 59,192,000 -10,029,000 30,127,000 1,031,000 14,000 -15,000 22,252,000 2,245,000 -5,083,000 -279,000 29,609,000 
      supplemental disclosure of cash flow information —
    		                                   
      share repurchases—non-cash
    		  22,343,000                                 
      deferred income tax benefit
    		   -24,199,000 -1,514,000 -54,000 -865,000 -13,809,000 -7,599,000 -2,646,000 -1,063,000 -20,888,000 -687,000 -726,000 -713,000               -38,000 -248,000  444,000 -454,000 -410,000 
      proceeds from revolving loan
    		       0 0 15,000,000 90,000,000 25,000,000 0 249,700,000 49,500,000                 60,000,000    
      payments on revolving loan
    		       0 -55,000,000 -75,000,000 -25,000,000 -114,700,000 -110,000,000 0 -49,500,000             0 -20,000,000 -30,000,000 -20,000,000 -20,000,000    
      supplemental disclosure of cash flow information—
    		                                   
      cash paid during the period for income taxes
    		                                   
      cash paid during the period for interest
    		                                   
      acquisition of property and equipment—non-cash
    		   2,299,000 -851,000 -1,809,000 5,345,000 550,000 -1,144,000 -1,368,000 7,216,000 -1,256,000 1,653,000   928,000 -400,000   8,248,000 -965,000               
      amortization and adjustment of deferred credit
    		           -155,000 -155,000 -155,000 -155,000 -167,000 -167,000 -167,000 -167,000 -175,000 -175,000 -175,000 -181,000 -200,000 -201,000 -200,000 -200,000 -197,000 -7,108,000 -204,000 -203,000     
      acquistion of property and equipment—non-cash
    		              7,375,000                     
      amortization of debt issuance costs and discount
    		                       0 80,000 736,000 138,000 144,000 154,000 158,000 159,000 164,000 166,000 167,000 165,000 
      payment of debt
    		                       0 0 -56,438,000 -24,000,000 -34,032,000 -29,906,000 -4,125,000 -4,125,000 -3,094,000 -3,094,000 -3,093,000 -3,094,000 
      payment of deemed landlord liability
    		                           -494,000 -477,000 -459,000 -451,000 -442,000 -427,000 -409,000 -404,000 
      pre-funded study costs
    		                               4,143,000 4,659,000 -13,000 -3,497,000 
      acquisition of intangibles
    		                               0 -54,000   
      decrease in cash, cash equivalents, and restricted cash
    		                            14,000 -15,000 -4,240,000     
      loss on extinguishment of debt
    		                                   
      payment for common stock issuance costs
    		                                   
      excess tax benefit from stock-based compensation
    		                                   
      proceeds from issuance of debt, net of original issue discount
    		                                   
      debt issuance costs
    		                                   
      payment on debt extinguishment
    		                                   
      proceeds from common stock issued
    		                                   
      impairment of goodwill
    		                                   
      proceeds from common stock issued, net of underwriters discount
    		                                   
      restricted cash
    		                                   
      effect of exchange rates on cash and cash equivalents
    		                                   
      decreases in cash and cash equivalents
    		                                   
      cash and cash equivalents — beginning of period
    		                                   
      cash and cash equivalents — end of period
    		                                   
      acquisition of predecessor, net of cash and restricted cash received
    		                                   
      payment on revolving loan
    		                                   
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.