$4.84B
Revenue
$-4.62B
Net Income
97.67%
Gross Margin
-60.99%
Op. Margin
$4.66B
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.84B | $6.57B | $6.98B | $6.99B | $6.34B | $5.84B | $5.76B | $5.42B | $4.36B | $3.92B |
| Revenue Growth % | -26.3% | -5.9% | -0.1% | 10.2% | 8.6% | 1.3% | 6.3% | 24.5% | 11.1% | nan% |
| Cost of Revenue | $113.00M | $119.00M | $316.00M | $466.00M | $439.00M | $448.00M | $524.00M | $437.00M | $420.00M | $417.00M |
| Gross Profit | $4.73B | $6.45B | $6.67B | $6.52B | $5.90B | $5.39B | $5.24B | $4.99B | $3.94B | $3.50B |
| Gross Margin % | 97.7% | 98.2% | 95.5% | 93.3% | 93.1% | 92.3% | 90.9% | 91.9% | 90.4% | 89.4% |
| Operating Expenses | $7.79B | $9.51B | $4.61B | $4.56B | $4.34B | $4.34B | $4.20B | $3.99B | $3.31B | $2.97B |
| Selling General & Admin | $455.00M | $706.00M | $759.00M | $750.00M | $680.00M | $678.00M | $614.00M | $563.00M | $426.70M | $371.03M |
| Operating Income | $-2.95B | $-2.94B | $2.37B | $2.42B | $2.00B | $1.86B | $1.56B | $1.43B | $1.04B | $949.22M |
| Operating Margin % | -61.0% | -44.7% | 33.9% | 34.7% | 31.6% | 31.9% | 27.1% | 26.4% | 24.0% | 24.2% |
| Interest Expense | $-898.00M | $-932.00M | $850.00M | $699.00M | $657.00M | $689.00M | $683.00M | $642.00M | $591.00M | - |
| Interest Income | $15.00M | $19.00M | $15.00M | $3.00M | $1.00M | $2.00M | $6.00M | $5.00M | $18.76M | $796.00K |
| Other Income/Expense | $-20.00M | $-28.00M | $-6.00M | $-10.00M | $-21.00M | $-5.00M | $1.00M | $1.00M | $1.99M | $-8.84M |
| Income Before Tax | $1.14B | $1.18B | $1.26B | - | - | - | - | $690.00M | $470.59M | $373.85M |
| Income Tax Expense | $18.00M | $24.00M | $26.00M | $16.00M | $-21.00M | $-20.00M | $-21.00M | $-19.00M | $26.04M | $16.88M |
| Net Income | $-4.62B | $-3.90B | $1.50B | $1.68B | $1.10B | $1.06B | $860.00M | $671.00M | $444.55M | $356.97M |
| Net Margin % | -95.4% | -59.4% | 21.5% | 24.0% | 17.3% | 18.1% | 14.9% | 12.4% | 10.2% | 9.1% |
| Basic EPS | -10.63 | -8.98 | 3.46 | 3.87 | 2.54 | 2.36 | 1.80 | 1.35 | 1.01 | 0.95 |
| Diluted EPS | -10.63 | -8.98 | 3.46 | 3.86 | 2.53 | 2.35 | 1.79 | 1.34 | 1.01 | 0.95 |
| Basic Shares Outstanding | 435.0M | 434.0M | 434.0M | 433.0M | 432.0M | 423.0M | 416.0M | 413.0M | 381.7M | 340.3M |
| Diluted Shares Outstanding | 437.0M | 434.0M | 434.0M | 434.0M | 434.0M | 425.0M | 418.0M | 415.0M | 383.2M | 340.9M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $119.00M | $105.00M | $156.00M | $292.00M | $232.00M | $196.00M | $277.00M | $314.09M | $567.60M |
| Accounts Receivable | $478.00M | $481.00M | $593.00M | $543.00M | $431.00M | $596.00M | $501.00M | $397.58M | $373.53M |
| Other Current Assets | $40.00M | $56.00M | $73.00M | $145.00M | $202.00M | $168.00M | $148.00M | $138.67M | $130.36M |
| Total Current Assets | $1.09B | $1.03B | $1.22B | $1.25B | $1.10B | $1.20B | $1.23B | $1.13B | $1.32B |
| Property Plant & Equipment | $15.49B | $15.67B | $15.41B | $15.27B | $15.16B | $14.67B | $13.68B | $12.93B | $9.81B |
| Goodwill | $5.13B | $10.09B | $10.09B | $10.08B | $10.08B | $10.08B | $10.08B | $10.02B | $5.76B |
| Intangible Assets | $1.04B | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $103.00M | $139.00M | $136.00M | $123.00M | $119.00M | $116.00M | $920.00M | $879.34M | $819.61M |
| Total Assets | $32.74B | $38.53B | $38.92B | $39.04B | $38.77B | $38.46B | $32.78B | $32.23B | $22.68B |
| Accounts Payable | $192.00M | $252.00M | $236.00M | $246.00M | $230.00M | $334.00M | $313.00M | $248.82M | $188.52M |
| Short-term Debt | $610.00M | $835.00M | $819.00M | $72.00M | $129.00M | $100.00M | $107.00M | $115.25M | $101.75M |
| Deferred Revenue | $476.00M | $605.00M | $736.00M | $776.00M | $704.00M | $657.00M | $498.00M | $457.12M | $353.00M |
| Other Current Liabilities | $359.00M | $342.00M | $407.00M | $401.00M | $378.00M | $361.00M | $351.00M | $339.11M | $221.07M |
| Total Current Liabilities | $2.18B | $2.58B | $2.73B | $2.03B | $1.97B | $1.92B | $1.42B | $1.29B | $961.36M |
| Long-term Debt | $23.47B | $22.09B | $20.91B | $20.56B | $19.15B | $18.02B | $16.57B | $16.04B | $12.07B |
| Other Non-current Liabilities | $1.99B | $1.91B | $1.95B | $2.17B | $2.38B | $2.52B | $2.76B | $2.55B | $2.09B |
| Total Liabilities | $32.87B | $32.15B | $31.47B | $30.78B | $29.31B | $27.97B | $20.75B | $19.89B | $15.12B |
| Common Stock | $4.00M | $4.00M | $4.00M | $4.00M | $4.00M | $4.00M | $4.00M | $4.06M | $3.60M |
| Retained Earnings | $-18.52B | $-11.89B | $-10.67B | $-9.75B | $-8.47B | $-7.37B | $-5.73B | $-4.50B | $-3.38B |
| Total Stockholders Equity | $-133.00M | $6.38B | $7.45B | $8.26B | $9.46B | $10.49B | $12.03B | $12.34B | $7.56B |
| Total Liabilities & Equity | $32.74B | $38.53B | $38.92B | $39.04B | $38.77B | $38.46B | $32.78B | $32.23B | $22.68B |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-4.62B | $-3.90B | $1.50B | $1.68B | $1.10B | $1.06B | $860.00M | $671.00M | $444.55M | $356.97M |
| Stock-based Compensation | $132.00M | $131.00M | $157.00M | $156.00M | $129.00M | $138.00M | $117.00M | $103.00M | $91.65M | $79.34M |
| Deferred Income Tax | $2.00M | $4.00M | $8.00M | $3.00M | $4.00M | $3.00M | $2.00M | $2.00M | $14.89M | $8.60M |
| Change in Receivables | $-35.00M | $-6.00M | $-115.00M | $49.00M | $-113.00M | $166.00M | $-96.00M | $105.00M | $-60.86M | $58.66M |
| Operating Cash Flow | $5.18B | $2.94B | $3.13B | $2.88B | $2.79B | $3.06B | $2.70B | $2.50B | $2.04B | $1.78B |
| Capital Expenditure | $519.00M | $1.22B | $1.42B | $1.31B | $1.23B | $1.62B | $-2.06B | $1.74B | $1.23B | $873.88M |
| Acquisitions | - | $8.00M | $96.00M | $35.00M | $111.00M | $107.00M | $-17.00M | $42.00M | $9.26B | $556.85M |
| Investing Cash Flow | $-1.86B | $-1.22B | $-1.52B | $-1.35B | $-1.33B | $-1.74B | $-2.08B | $-1.79B | $-10.49B | $-1.41B |
| Debt Repayment | - | $-750.00M | $750.00M | $1.27B | $2.09B | $2.49B | $-12.00M | $2.35B | - | $4.04B |
| Stock Issued | - | - | - | - | - | - | - | - | - | $1.33B |
| Stock Repurchased | $2.00M | $-33.00M | $30.00M | $65.00M | $70.00M | $76.00M | $-44.00M | $34.00M | $23.31M | $24.94M |
| Dividends Paid | $-1.32B | $-2.73B | $2.72B | $2.60B | $2.37B | $2.10B | $-1.91B | $1.78B | $1.51B | $1.24B |
| Financing Cash Flow | $-3.48B | $-1.71B | $-1.65B | $-1.67B | $-1.31B | $-1.27B | $-692.00M | $-733.00M | $8.20B | $-96.29M |
| Net Change in Cash | - | $-1.00M | $1.00M | - | - | - | - | - | - | - |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $1.07B | $1.12B | $3.19B | $3.34B |
| Cost of Revenue | $30.00M | $27.00M | $84.00M | $81.00M |
| Operating Expenses | $547.00M | $588.00M | $1.64B | $1.79B |
| Selling General & Admin | $97.00M | $93.00M | $289.00M | $343.00M |
| Operating Income | $525.00M | $532.00M | $1.55B | $1.55B |
| Interest Expense | $247.00M | $236.00M | $726.00M | $692.00M |
| Interest Income | $3.00M | $6.00M | $10.00M | $14.00M |
| Other Income/Expense | - | $-5.00M | $3.00M | $-3.00M |
| Income Before Tax | $281.00M | $297.00M | $839.00M | $867.00M |
| Income Tax Expense | $4.00M | $3.00M | $13.00M | $14.00M |
| Net Income | $323.00M | $303.00M | $150.00M | $865.00M |
| Basic EPS | 0.74 | 0.70 | 0.34 | 1.99 |
| Diluted EPS | 0.74 | 0.70 | 0.34 | 1.99 |
| Basic Shares Outstanding | $435.00M | $435.00M | $435.00M | $434.00M |
| Diluted Shares Outstanding | $437.00M | $436.00M | $436.00M | $435.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $57.00M | $100.00M |
| Accounts Receivable | $125.00M | $129.00M |
| Other Current Assets | $22.00M | $24.00M |
| Total Current Assets | $1.11B | $1.09B |
| Property Plant & Equipment | $6.33B | $6.58B |
| Goodwill | $5.13B | $5.13B |
| Other Non-current Assets | $63.00M | $58.00M |
| Total Assets | $31.50B | $32.74B |
| Accounts Payable | $65.00M | $48.00M |
| Short-term Debt | $2.77B | $603.00M |
| Deferred Revenue | $147.00M | $141.00M |
| Other Current Liabilities | $156.00M | $167.00M |
| Total Current Liabilities | $4.30B | $2.18B |
| Long-term Debt | $21.55B | $23.45B |
| Other Non-current Liabilities | $623.00M | $645.00M |
| Total Liabilities | $32.99B | $32.87B |
| Common Stock | $4.00M | $4.00M |
| Retained Earnings | $-19.99B | $-18.52B |
| Total Stockholders Equity | $-1.49B | $-133.00M |
| Total Liabilities & Equity | $31.50B | $32.74B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $323.00M | $303.00M | $150.00M | $865.00M |
| Stock-based Compensation | - | - | $55.00M | $69.00M |
| Deferred Income Tax | - | - | $1.00M | $5.00M |
| Change in Receivables | - | - | $5.00M | $50.00M |
| Operating Cash Flow | - | - | $2.19B | $2.07B |
| Capital Expenditure | - | - | $123.00M | $124.00M |
| Acquisitions | - | - | - | $8.00M |
| Investing Cash Flow | - | - | $-805.00M | $-947.00M |
| Debt Repayment | - | - | $1.20B | $750.00M |
| Stock Repurchased | - | - | $23.00M | $32.00M |
| Dividends Paid | - | - | $1.61B | $2.05B |
| Financing Cash Flow | - | - | $-1.42B | $-1.03B |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.