$19.57

+0.73 (+3.90%)

Weekly Expected Move ±9.8%

$14 $16 $18 $20 $21

NASDAQ · Technology · Information Technology Services · Alpha Radar Strong Sell · Power 36 · $3.8B mcap · 140M float · 1.80% daily turnover · Short 44% of daily vol

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$1.1B +16.5% ▲

4Y CAGR: +17.4%

Gross Profit

$711M +13.2% ▲

4Y CAGR: +13.6%

Operating Income

$266M +115.2% ▲

4Y CAGR: +44.9%

Net Income

$112M +686.1% ▲

EPS (Diluted)

$0.61 +569.2% ▲

EBITDA

$406M +30.8% ▲

4Y CAGR: +14.5%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$579M	$705M	$791M	$944M	$1.1B
YoY Growth	+0.0%	+21.8%	+12.2%	+19.3%	+16.5%
Cost of Revenue	$152M	$215M	$250M	$316M	$389M
Gross Profit	$427M	$490M	$541M	$628M	$711M
Gross Margin	73.8%	69.5%	68.4%	66.5%	64.6%
R&D Expenses	$28M	$33M	$35M	$49M	$55M
SG&A Expenses	$162M	$185M	$187M	$269M	$307M
Operating Expenses	$366M	$401M	$399M	$504M	$444M
Operating Income	$60M	$89M	$142M	$124M	$266M
Operating Margin	10.4%	12.7%	18.0%	13.1%	24.2%
Interest Expense	$127M	$155M	$206M	$146M	$79M
Income Before Tax	-$67M	-$66M	-$64M	-$23M	$172M
Tax Expense	-$20M	-$14M	-$12M	-$3M	$60M
Net Income	-$47M	-$51M	-$51M	-$19M	$112M
Net Margin	-8.1%	-7.3%	-6.5%	-2.0%	10.2%
EPS (Diluted)	$-0.28	$-0.31	$-0.31	$-0.13	$0.61
EBITDA	$236M	$273M	$319M	$310M	$406M
Shares Outstanding	167M	167M	167M	150M	197M

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$235M	$240M	$244M	$256M	$271M	$269M	$304M	$314M
Cost of Revenue	$80M	$81M	$80M	$83M	$87M	$85M	$133M	$97M
Gross Profit	$154M	$160M	$165M	$173M	$184M	$184M	$170M	$217M
Gross Margin	65.7%	66.5%	67.4%	67.5%	67.8%	68.3%	56.2%	69.1%
R&D Expenses	$16M	$11M	$11M	$11M	$13M	$12M	$19M	$18M
SG&A Expenses	$86M	$61M	$62M	$63M	$73M	$78M	$93M	$77M
Operating Expenses	$146M	$132M	$111M	$108M	$119M	$123M	$95M	$136M
Operating Income	$8M	$27M	$53M	$65M	$65M	$60M	$76M	$80M
Operating Margin	3.5%	11.3%	21.8%	25.4%	24.0%	22.4%	25.0%	25.6%
Interest Expense	$51M	$18M	$20M	$19M	$18M	$17M	$25M	$20M
Income Before Tax	-$42M	$9M	$33M	$46M	$47M	$43M	$36M	$60M
Tax Expense	-$15M	$3M	$14M	$17M	$14M	$12M	$16M	$17M
Net Income	-$28M	$5M	$19M	$29M	$32M	$31M	$20M	$43M
Net Margin	-11.8%	2.3%	7.8%	11.4%	11.9%	11.4%	6.6%	13.8%
EPS (Diluted)	$-0.17	$0.03	$0.11	$0.16	$0.18	$0.17	$0.10	$0.22
EBITDA	$53M	$87M	$91M	$99M	$98M	$93M	$116M	$122M
Shares Outstanding	167M	176M	179M	181M	182M	181M	197M	195M

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