Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 95.8M | 819.0M | 478.6M | 423.7M | 575.0M |
| Operating Revenue | 95.8M | 819.0M | 478.6M | 423.7M | 575.0M |
| Cost Of Revenue | -73.1M | 539.1M | 319.0M | 390.0M | 410.3M |
| Gross Profit | 169.0M | 279.9M | 159.7M | 33.7M | 164.7M |
| Selling General And Administration | 25.5M | 35.3M | 25.5M | 17.6M | 11.7M |
| General And Administrative Expense | 25.5M | 35.3M | 25.5M | 17.6M | 11.7M |
| Depreciation And Amortization In Income Statement | -- | -- | -- | 123,000 | 1.1M |
| Other Operating Expenses | -6.4M | 11.7M | 3.8M | 1.8M | 3.6M |
| Operating Expense | 41.2M | 74.7M | 64.6M | 29.5M | 16.5M |
| Operating Income | 127.8M | 205.2M | 95.1M | 4.3M | 148.2M |
| EBIT | 66.7M | 165.9M | 94.6M | -16.5M | 217.8M |
| Interest Expense | 34.8M | 50.9M | 45.3M | 48.3M | 37.6M |
| Interest Expense Non Operating | 34.8M | 50.9M | 45.3M | 48.3M | 37.6M |
| Interest Income | 3.2M | 3.2M | 2.5M | 2.1M | 1.8M |
| Interest Income Non Operating | 3.2M | 3.2M | 2.5M | 2.1M | 1.8M |
| Net Interest Income | -31.6M | -47.7M | -42.8M | -46.2M | -35.8M |
| Other Income Expense | -64.3M | -42.5M | -3.0M | -22.9M | 67.8M |
| Other Non Operating Income Expenses | 8.8M | -6.8M | -2.1M | -631,000 | 18.6M |
| Special Income Charges | -11.7M | -3.3M | -6.1M | -15.0M | 86.2M |
| Restructuring And Mergern Acquisition | 11.7M | 16.4M | 6.1M | 15.0M | -86.2M |
| Write Off | -- | -- | -- | -- | -- |
| Gain On Sale Of Security | -61.4M | -32.4M | 5.3M | -7.3M | -37.0M |
| Earnings From Equity Interest | -- | -- | 0.00 | -- | 0.00 |
| Pretax Income | 31.9M | 115.0M | 49.3M | -64.9M | 180.2M |
| Tax Provision | 84.7M | 29.4M | 25.5M | 10.6M | 82.3M |
| Tax Effect Of Unusual Items | -11.0M | -9.1M | -122,250 | -3.3M | 7.4M |
| Net Income From Continuing And Discontinued Operation | 187.5M | 85.6M | 23.8M | -75.5M | 98.0M |
| Net Income From Continuing Operation Net Minority Interest | -52.8M | 85.6M | 23.8M | -75.5M | 98.0M |
| Net Income Including Noncontrolling Interests | 187.5M | 85.6M | 23.8M | -75.5M | 98.0M |
| Net Income Common Stockholders | 187.5M | 85.6M | 23.8M | -75.5M | 98.0M |
| Net Income | 187.5M | 85.6M | 23.8M | -75.5M | 98.0M |
| EBITDA | 218.5M | 338.4M | 190.3M | 81.0M | 290.4M |
| Normalized EBITDA | 291.6M | 374.1M | 191.1M | 103.3M | 241.2M |
| Reconciled Depreciation | 151.8M | 172.5M | 95.6M | 97.6M | 72.6M |
| Basic EPS | -- | -- | 0.05 | -0.17 | -- |
| Diluted EPS | -- | -- | 0.05 | -0.17 | -- |
| Basic Average Shares | -- | -- | 499.4M | 455.7M | -- |
| Diluted Average Shares | -- | -- | 506.1M | 455.7M | -- |
| Total Unusual Items | -73.1M | -35.7M | -815,000 | -22.2M | 49.2M |
| Total Unusual Items Excluding Goodwill | -73.1M | -35.7M | -815,000 | -22.2M | 49.2M |
| Tax Rate For Calcs | 0.15 | 0.26 | 0.15 | 0.15 | 0.15 |
| Normalized Income | 9.3M | 112.2M | 24.5M | -56.6M | 56.1M |
| Depreciation Amortization Depletion Income Statement | -- | -- | -- | 123,000 | 1.1M |
| Depreciation Income Statement | -- | -- | -- | 123,000 | 1.1M |
| Diluted NI Availto Com Stockholders | 187.5M | 85.6M | 23.8M | -75.5M | 116.2M |
| Gain On Sale Of Business | -- | -- | -- | -- | 0.00 |
| Net Income Continuous Operations | -52.8M | 85.6M | 23.8M | -75.5M | 98.0M |
| Net Non Operating Interest Income Expense | -31.6M | -47.7M | -42.8M | -46.2M | -35.8M |
| Other Gand A | 10.7M | 8.5M | 11.6M | 7.5M | 7.2M |
| Other Special Charges | 0.00 | -13.0M | -- | -- | 0.00 |
| Provision For Doubtful Accounts | -- | -- | -- | -- | -513,000 |
| Reconciled Cost Of Revenue | -73.1M | 539.1M | 319.0M | 292.6M | 338.8M |
| Salaries And Wages | 14.8M | 26.8M | 13.9M | 10.1M | 4.5M |
| Total Expenses | -32.0M | 613.8M | 383.5M | 419.5M | 426.8M |
| Total Operating Income As Reported | 127.8M | 205.2M | 95.1M | 4.3M | 147.7M |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 407.4M | 348.5M | 406.7M | 172.9M | 239.3M |
| Cash Cash Equivalents And Short Term Investments | 570.0M | 403.2M | 430.5M | 178.3M | 245.5M |
| Other Short Term Investments | 162.7M | 54.8M | 23.8M | 5.4M | 6.1M |
| Accounts Receivable | 7.1M | 37.3M | 11.8M | 22.7M | 3.9M |
| Receivables | 65.5M | 133.9M | 83.2M | 127.6M | 70.0M |
| Inventory | 369.8M | 541.0M | 439.4M | 244.1M | 417.5M |
| Prepaid Assets | 26.4M | 35.9M | 48.8M | 37.0M | 44.5M |
| Other Current Assets | 10.6M | 18.0M | 13.9M | 5.9M | 6.5M |
| Current Assets | 2.0B | 1.3B | 1.0B | 592.8M | 784.1M |
| Gross PPE | 8.8B | 9.8B | 9.6B | 6.6B | 6.5B |
| Accumulated Depreciation | -840.0M | -1.3B | -1.2B | -1.0B | -921.8M |
| Net PPE | 7.9B | 8.4B | 8.4B | 5.6B | 5.6B |
| Investments And Advances | 0.00 | -- | -- | -- | 32.3M |
| Long Term Equity Investment | -- | -- | -- | -- | 0.00 |
| Other Non Current Assets | 635.8M | 555.8M | 572.2M | 513.5M | 292.4M |
| Total Non Current Assets | 8.6B | 9.0B | 9.0B | 6.1B | 5.9B |
| Total Assets | 10.5B | 10.3B | 10.0B | 6.7B | 6.7B |
| Current Debt | 181.3M | 144.2M | 220.3M | 136.9M | 135.6M |
| Current Debt And Capital Lease Obligation | 181.3M | 144.2M | 220.3M | 136.9M | 135.6M |
| Accounts Payable | 104.5M | -- | -- | -- | 128.5M |
| Payables | 265.9M | -- | -- | -- | 155.9M |
| Payables And Accrued Expenses | 455.5M | 526.9M | 444.4M | 226.6M | 268.4M |
| Current Accrued Expenses | 189.6M | -- | -- | -- | 112.6M |
| Current Deferred Revenue | 127.6M | 181.8M | 199.9M | 133.4M | 116.3M |
| Other Current Liabilities | 497.5M | 351.6M | 220.8M | 197.1M | 168.7M |
| Current Liabilities | 1.3B | 1.2B | 1.1B | 693.9M | 689.1M |
| Long Term Debt | 1.4B | 1.5B | 1.6B | 1.3B | 1.2B |
| Long Term Debt And Capital Lease Obligation | 1.4B | 1.5B | 1.6B | 1.3B | 1.3B |
| Long Term Capital Lease Obligation | 73.7M | -- | -- | -- | 60.5M |
| Other Non Current Liabilities | 151.0M | 284.2M | 286.6M | 173.1M | 92.9M |
| Total Non Current Liabilities Net Minority Interest | 3.5B | 3.5B | 3.6B | 2.7B | 2.6B |
| Total Liabilities Net Minority Interest | 4.7B | 4.7B | 4.7B | 3.3B | 3.3B |
| Common Stock | 4.9B | 4.9B | 4.7B | 2.8B | 2.8B |
| Capital Stock | 4.9B | 4.9B | 4.7B | 2.8B | 2.8B |
| Retained Earnings | 820.0M | 632.5M | 546.9M | 523.0M | 613.7M |
| Gains Losses Not Affecting Retained Earnings | 100.6M | 84.9M | 52.8M | -3.9M | -14.9M |
| Other Equity Adjustments | 100.6M | 84.9M | 52.8M | -3.9M | -14.9M |
| Common Stock Equity | 5.8B | 5.6B | 5.3B | 3.3B | 3.4B |
| Stockholders Equity | 5.8B | 5.6B | 5.3B | 3.3B | 3.4B |
| Total Equity Gross Minority Interest | 5.8B | 5.6B | 5.3B | 3.3B | 3.4B |
| Total Capitalization | 7.2B | 7.1B | 6.9B | 4.6B | 4.6B |
| Net Tangible Assets | 5.8B | 5.6B | 5.3B | 3.3B | 3.4B |
| Tangible Book Value | 5.8B | 5.6B | 5.3B | 3.3B | 3.4B |
| Working Capital | 708.6M | 88.6M | -69.6M | -101.1M | 95.0M |
| Invested Capital | 7.3B | 7.2B | 7.1B | 4.7B | 4.7B |
| Total Debt | 1.6B | 1.6B | 1.8B | 1.4B | 1.4B |
| Net Debt | 1.1B | 1.3B | 1.4B | 1.2B | 1.1B |
| Share Issued | 785.6M | 783.5M | 759.0M | 456.1M | 455.2M |
| Ordinary Shares Number | 785.6M | 783.5M | 759.0M | 456.1M | 455.2M |
| Assets Held For Sale Current | 928.3M | 161.1M | -- | -- | 0.00 |
| Available For Sale Securities | -- | -- | -- | -- | 32.3M |
| Capital Lease Obligations | 73.7M | -- | -- | -- | 60.5M |
| Construction In Progress | 39.6M | 920.3M | 823.4M | 79.5M | 212.3M |
| Current Deferred Liabilities | 127.6M | 181.8M | 199.9M | 133.4M | 116.3M |
| Derivative Product Liabilities | 46.7M | 41.1M | 49.2M | 50.5M | 46.4M |
| Employee Benefits | 26.6M | -- | -- | -- | 11.7M |
| Financial Assets | -- | -- | -- | -- | 81,000 |
| Finished Goods | -- | -- | 15.8M | 13.5M | -- |
| Hedging Assets Current | -- | -- | -- | -- | 0.00 |
| Income Tax Payable | 153.1M | -- | -- | -- | 10.1M |
| Investmentin Financial Assets | 0.00 | -- | -- | -- | 32.3M |
| Investmentsin Associatesat Cost | -- | -- | -- | -- | 0.00 |
| Long Term Provisions | 229.8M | 227.5M | 241.6M | 129.4M | 136.6M |
| Machinery Furniture Equipment | 2.5B | 2.4B | 2.3B | 2.0B | 1.9B |
| Non Current Accounts Receivable | -- | -- | -- | -- | 8.6M |
| Non Current Deferred Assets | 0.00 | 16.4M | 13.6M | 3.5M | 2.3M |
| Non Current Deferred Liabilities | 1.6B | 1.5B | 1.5B | 1.0B | 1.1B |
| Non Current Deferred Revenue | 165.1M | 171.0M | 202.9M | 242.9M | 266.7M |
| Non Current Deferred Taxes Assets | 0.00 | 16.4M | 13.6M | 3.5M | 2.3M |
| Non Current Deferred Taxes Liabilities | 1.4B | 1.3B | 1.3B | 801.2M | 800.0M |
| Non Current Note Receivables | 18.8M | -- | -- | -- | 29.1M |
| Non Current Pension And Other Postretirement Benefit Plans | 19.3M | -- | -- | -- | 6.3M |
| Notes Receivable | -- | -- | -- | 39.7M | -- |
| Other Current Borrowings | 181.3M | 144.2M | 220.3M | 136.9M | 135.6M |
| Other Inventories | -- | -- | -- | -- | -- |
| Other Receivables | 17.0M | 22.3M | 20.5M | 18.7M | 19.0M |
| Raw Materials | -- | -- | 353.7M | 198.4M | -- |
| Taxes Receivable | 41.4M | 74.3M | 50.8M | 46.5M | 47.1M |
| Total Tax Payable | 161.4M | -- | -- | -- | 27.4M |
| Work In Process | -- | -- | 69.9M | 32.1M | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 390.1M | 240.8M | 132.9M | 54.5M | 247.8M |
| Cash Flow From Continuing Operating Activities | 390.1M | 240.8M | 132.9M | 54.5M | 247.8M |
| Depreciation Amortization Depletion | 151.8M | 172.5M | 95.6M | 97.6M | 72.6M |
| Deferred Tax | 125.6M | 29.4M | 25.5M | 10.6M | 82.3M |
| Deferred Income Tax | 125.6M | 29.4M | 25.5M | 10.6M | 82.3M |
| Change In Working Capital | -3.6M | -81.3M | 6.9M | -18.8M | 40.6M |
| Change In Receivables | 40.2M | -36.7M | 32.3M | -22.4M | -1.2M |
| Change In Inventory | -101.0M | -53.1M | -28.2M | 24.5M | 29.1M |
| Change In Payables And Accrued Expense | 58.3M | -3.0M | 3.0M | -28.4M | 14.7M |
| Change In Payable | 58.3M | -3.0M | -- | -- | 14.7M |
| Other Non Cash Items | -35.7M | -14.7M | -12.3M | 41.7M | -76.5M |
| Capital Expenditure | -267.1M | -235.5M | -96.0M | -93.8M | -94.4M |
| Purchase Of Business | 0.00 | 0.00 | 0.00 | -- | -40.0M |
| Sale Of Business | 0.00 | 0.00 | 193.1M | -- | 0.00 |
| Purchase Of Investment | 0.00 | 0.00 | 0.00 | -45.0M | 0.00 |
| Sale Of Investment | 0.00 | 0.00 | 0.00 | 3.0M | 199,000 |
| Net Investment Purchase And Sale | 0.00 | 0.00 | 0.00 | -42.0M | 199,000 |
| Investing Cash Flow | -187.6M | -234.6M | 96.9M | -133.5M | -131.7M |
| Cash Flow From Continuing Investing Activities | -187.6M | -234.6M | 96.9M | -133.5M | -131.7M |
| Issuance Of Debt | 0.00 | 0.00 | 45.0M | 40.0M | 0.00 |
| Repayment Of Debt | -104.5M | -17.8M | -13.1M | -6.7M | -14.1M |
| Net Issuance Payments Of Debt | -104.5M | -17.8M | 31.9M | 33.3M | -14.1M |
| Issuance Of Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Common Stock Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -132.0M | -53.0M | 2.6M | 10.4M | -41.3M |
| Cash Flow From Continuing Financing Activities | -132.0M | -53.0M | 2.6M | 10.4M | -41.3M |
| Effect Of Exchange Rate Changes | -290,000 | -230,000 | 1.3M | 2.1M | -3.3M |
| Changes In Cash | 70.6M | -46.7M | 232.5M | -68.6M | 74.9M |
| Beginning Cash Position | 359.7M | 406.7M | 172.9M | 239.3M | 167.8M |
| End Cash Position | 430.0M | 359.7M | 406.7M | 172.9M | 239.3M |
| Free Cash Flow | 123.1M | 5.3M | 36.9M | -39.3M | 153.4M |
| Asset Impairment Charge | -- | -- | -- | -- | -513,000 |
| Capital Expenditure Reported | -267.1M | -235.5M | -96.0M | -93.8M | -94.4M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | 58.3M | -3.0M | -- | -- | 14.7M |
| Change In Prepaid Assets | -1.1M | 11.5M | -135,000 | 7.5M | -1.9M |
| Common Stock Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings Losses From Equity Investments | -- | -- | -- | -- | 0.00 |
| Gain Loss On Investment Securities | 45.3M | 70.0M | -11.5M | 10.2M | 41.3M |
| Gain Loss On Sale Of Business | -- | -- | -- | -- | 0.00 |
| Interest Paid Cff | -35.8M | -35.1M | -33.2M | -28.4M | -36.8M |
| Long Term Debt Issuance | 0.00 | 0.00 | 45.0M | 40.0M | 0.00 |
| Long Term Debt Payments | -96.2M | -10.0M | -8.5M | -6.7M | -14.1M |
| Net Business Purchase And Sale | 0.00 | 0.00 | 193.1M | -- | -40.0M |
| Net Foreign Currency Exchange Gain Loss | 2.6M | -2.3M | 13.7M | 7.1M | -11.1M |
| Net Income From Continuing Operations | 187.5M | 85.6M | 23.8M | -75.5M | 98.0M |
| Net Long Term Debt Issuance | -96.2M | -10.0M | 36.5M | 33.3M | -14.1M |
| Net Other Financing Charges | 8.3M | -81,000 | 4.0M | 4.7M | 9.6M |
| Net Other Investing Changes | 79.5M | 904,000 | -169,000 | 2.3M | 2.6M |
| Net Short Term Debt Issuance | -8.3M | -7.8M | -4.6M | -- | -- |
| Operating Gains Losses | 47.9M | 67.7M | 2.2M | 17.3M | 30.2M |
| Proceeds From Stock Option Exercised | -- | -- | -- | 929,000 | 17,000 |
| Provisionand Write Offof Assets | -- | -- | -- | -- | -- |
| Short Term Debt Payments | -8.3M | -7.8M | -4.6M | -- | -- |
| Taxes Refund Paid | -83.5M | -18.4M | -8.9M | -18.4M | 1.3M |