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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 04, 2026
Mar. 29, 2025
Revenue $ 170,897 $ 120,150
Cost of revenue 53,265 38,422
Gross margin 117,632 81,728
Operating expenses:    
Research and development 50,836 41,387
Selling, general, and administrative 40,105 33,126
Amortization of acquired intangible assets 20 0
Restructuring and other 603 241
Total operating expenses 91,564 74,754
Income from operations 26,068 6,974
Interest income (expense), net 1,269 1,052
Other income (expense), net (71) (45)
Income before income taxes 27,266 7,981
Income tax expense 5,449 2,959
Net income $ 21,817 $ 5,022
Net income per share:    
Basic (in dollars per share) $ 0.16 $ 0.04
Diluted (in dollars per share) $ 0.16 $ 0.04
Shares used in per share calculations:    
Basic (in shares) 136,814 137,686
Diluted (in shares) 139,390 138,317