| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $370.0M-8.0% | $402.0M+36.7% | $294.0M-26.6% | $400.7M |
| Accounts receivable | $44.9M+14.5% | $39.2M+139.0% | $16.4M-28.2% | $22.8M |
| Prepaid expenses | $47.5M+7.0% | $44.4M+18.1% | $37.6M+10.4% | $34.1M |
| Inventory | $1.7M+21.4% | $1.4M+0.0% | $1.4M-12.9% | $1.6M |
| Income tax receivable | $78.2M+557.1% | $11.9M-35.3% | $18.4M+229.6% | $5.6M |
| Deferred contract costs | $159.5M+13.6% | $140.4M+18.8% | $118.2M+22.6% | $96.4M |
| Current assets before funds held for clients | $701.8M+9.8% | $639.3M+31.5% | $486.0M-13.4% | $561.2M |
| Funds held for clients | $5.14B+40.1% | $3.67B+57.5% | $2.33B+5.6% | $2.20B |
| Total current assets | $5.84B+35.6% | $4.30B+53.0% | $2.81B+1.8% | $2.76B |
| Property and equipment, net | $687.3M+22.4% | $561.4M+12.7% | $498.2M+23.8% | $402.4M |
| Intangible assets, net | $37.4M-19.0% | $46.2M-7.8% | $50.1M-7.3% | $54.0M |
| Goodwill | $51.9M+0.0% | $51.9M+0.0% | $51.9M+0.0% | $51.9M |
| Long-term deferred contract costs | $857.4M+9.4% | $783.6M+15.2% | $680.3M+19.8% | $568.0M |
| Operating lease right-of-use assets | $89.4M+10.9% | $80.6M+9.2% | $73.8M | — |
| Other assets | $36.5M+16.2% | $31.4M+5.4% | $29.8M-51.9% | $62.0M |
| Total assets | $7.60B+29.7% | $5.86B+39.6% | $4.20B+7.6% | $3.90B |
| Accounts payable | $6.6M-72.4% | $23.9M+71.9% | $13.9M-13.4% | $16.1M |
| Accrued commissions and bonuses | $28.2M-14.5% | $33.0M+8.2% | $30.5M+7.2% | $28.4M |
| Accrued payroll and vacation | $60.1M+1.9% | $59.0M+5.2% | $56.1M+24.6% | $45.0M |
| Deferred revenue | $28.3M-5.7% | $30.0M+31.6% | $22.8M+15.0% | $19.8M |
| Operating lease liabilities | $28.4M+39.2% | $20.4M+6.3% | $19.2M | — |
| Accrued expenses and other current liabilities | $79.8M+6.7% | $74.8M+16.9% | $64.0M+6.7% | $60.0M |
| Current liabilities before client funds obligation | $231.4M-4.0% | $241.1M+16.8% | $206.5M+22.0% | $169.3M |
| Client funds obligation | $5.14B+40.1% | $3.67B+57.5% | $2.33B+5.5% | $2.21B |
| Total current liabilities | $5.37B+37.4% | $3.91B+54.1% | $2.53B+6.6% | $2.38B |
| Deferred income tax liabilities, net | $304.4M+103.3% | $149.7M+4.1% | $143.8M+2.0% | $141.0M |
| Long-term deferred revenue | $121.9M+6.4% | $114.6M+6.4% | $107.7M+10.4% | $97.6M |
| Long-term operating lease liabilities | $61.9M-1.7% | $63.0M+11.1% | $56.7M | — |
| Other long-term liabilities | $10.6M-78.8% | $49.9M-3.5% | $51.7M-31.3% | $75.2M |
| Total long-term liabilities | $498.8M+32.2% | $377.2M+4.8% | $359.9M+5.0% | $342.9M |
| Total liabilities | $5.87B+37.0% | $4.28B+48.0% | $2.89B+6.4% | $2.72B |
| Common stock, $0.01 par value (100.0 shares authorized, 63.6 and 63.0 shares issued at December 31, 2025 and December 31, 2024, respectively; 54.8 and 55.9 shares outstanding at December 31, 2025 and December 31, 2024, respectively) | 600K+0.0% | 600K+0.0% | 600K-4.0% | 625K |
| Additional paid-in capital | $878.4M+21.2% | $724.8M+0.1% | $724.4M+25.6% | $576.6M |
| Retained earnings | $2.26B+19.5% | $1.89B+28.4% | $1.47B+22.8% | $1.20B |
| Accumulated other comprehensive earnings (loss) | $300K+150.0% | -$600K+40.0% | -$1.0M+73.0% | -$3.7M |
| Treasury stock, at cost (8.8 and 7.1 shares at December 31, 2025 and December 31, 2024, respectively) | -$1.40B-35.4% | -$1.04B-16.3% | -$891.0M-51.6% | -$587.9M |
| Total stockholders’ equity | $1.73B+9.9% | $1.58B+20.9% | $1.30B+10.2% | $1.18B |
| Total liabilities and stockholders’ equity | $7.60B+29.7% | $5.86B+39.6% | $4.20B+7.6% | $3.90B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.