v3.26.1
SEGMENT REPORTING, GEOGRAPHIC AND SIGNIFICANT CUSTOMER INFORMATION (Tables)
9 Months Ended
Jul. 03, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents a summary of consolidated net income (loss) inclusive of significant segment expenses and other expense information provided to the CODM (in thousands):
Three Months EndedNine Months Ended
July 3, 2026July 4, 2025July 3, 2026July 4, 2025
Revenue$342,237 $252,079 $902,804 $706,088 
Less:
Cost of revenue (1)137,990 106,881 373,044 299,937 
Research and development (1)65,270 55,113 180,091 153,046 
Selling, general and administrative (1)31,263 26,569 87,530 74,363 
Share-based compensation including cash incentive stock units (2)24,511 19,568 75,761 68,051 
Amortization expense (3)3,335 4,967 10,141 16,436 
Acquisition- and integration-related costs2,753 1,321 4,994 4,198 
Income from operations77,115 37,660 171,243 90,057 
Interest income, net of interest expense5,192 6,420 17,576 18,114 
Gain on investment fair value41,543 — 41,543 — 
Loss on extinguishment of debt— — — (193,098)
Income tax expense23,142 7,546 34,556 14,403 
Net income (loss)$100,708 $36,534 $195,806 $(99,330)
(1) Excludes share-based compensation including cash incentive stock units, amortization expense and acquisition- and integration-related costs.
(2) Includes share-based compensation expense for awards that are equity and liability classified on our balance sheet and the related employer tax expense at vesting.
(3) Relates to acquired intangible assets and excludes amortization for purchased software licenses and licensed technology.
Long-lived Assets by Geographic Areas
Information about net property and equipment in different geographic regions is presented below (in thousands):
July 3,
2026
October 3,
2025
United States$182,539 $172,583 
France45,619 40,686 
Other Countries (1)
18,150 17,022 
Total$246,308 $230,291 
(1)Other than the United States and France, no country or region represented greater than 10% of the total net property and equipment as of the dates presented.
Schedule of Revenue by Major Customers by Reporting Segments
The following is a summary of customer concentrations as a percentage of revenue and accounts receivable as of and for the periods presented:
Three Months EndedNine Months Ended
RevenueJuly 3,
2026
July 4,
2025
July 3,
2026
July 4,
2025
Customer A23 %13 %19 %13 %
Customer C13 %— 12 %11 %

Accounts ReceivableJuly 3,
2026
October 3,
2025
Customer A26 %11 %
Customer B — 11 %
Customer C— 11 %