v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Total Revenue $ 138,670 $ 107,514 $ 391,875 $ 315,883
Cost of sales:        
Amortization of intangibles 1,622 953 4,460 2,859
Total cost of sales 48,744 39,246 141,883 118,284
Gross Profit 89,926 68,268 249,992 197,599
Operating expenses:        
Sales and marketing 29,061 23,019 82,564 66,817
Research and development 20,325 16,227 56,759 46,579
General and administrative 17,645 14,099 54,375 42,194
Total operating expenses 67,031 53,345 193,698 155,590
Operating income 22,895 14,923 56,294 42,009
Other expense, net:        
Interest expense, net (1,606) (932) (6,129) (4,562)
Other (expense) income, net (31) (31) (79) (43)
Total other expense, net (1,637) (963) (6,208) (4,605)
Income before income taxes 21,258 13,960 50,086 37,404
Income tax provision 5,518 3,717 11,332 6,581
Net income $ 15,740 $ 10,243 $ 38,754 $ 30,823
Basic net income per common share:        
Basic (USD per share) $ 0.42 $ 0.28 $ 1.03 $ 0.84
Diluted net income per common share        
Diluted (USD per share) $ 0.40 $ 0.27 $ 1.00 $ 0.82
Weighted average common shares:        
Basic (shares) 37,776 37,073 37,588 36,902
Diluted (shares) 38,919 37,653 38,646 37,623
Product        
Revenue:        
Revenue $ 89,295 $ 74,136 $ 255,602 $ 218,908
Cost of sales:        
Cost of sales excluding amortization 37,640 31,537 112,586 95,268
Service        
Revenue:        
Revenue 49,375 33,378 136,273 96,975
Cost of sales:        
Cost of sales excluding amortization $ 9,482 $ 6,756 $ 24,837 $ 20,157