$15.50B
Revenue
$-51.00M
Net Income
-0.77%
Gross Margin
-2.44%
Op. Margin
$-1.07B
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.18B | $3.37B | $3.98B | $3.98B | $4.26B | $4.09B | $4.23B | $3.73B | $3.82B | $3.96B | $3.94B | $3.75B | $3.71B | $3.61B |
| Revenue Growth % (YoY) | -2.0% | -17.7% | -5.9% | 6.6% | 11.5% | 3.3% | 7.3% | -0.5% | 3.0% | 9.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $4.04B | $3.82B | $3.92B | $3.84B | $4.05B | $4.01B | $4.05B | $3.63B | $3.75B | $3.71B | $3.74B | $3.79B | $3.58B | $3.63B |
| Gross Profit | $133.00M | $-449.00M | $56.00M | $140.00M | $208.00M | $88.00M | $178.00M | $99.00M | $66.00M | $251.00M | $198.00M | $-38.00M | $133.00M | $-15.00M |
| Gross Margin % | 3.2% | -13.3% | 1.4% | 3.5% | 4.9% | 2.1% | 4.2% | 2.7% | 1.7% | 6.3% | 5.0% | -1.0% | 3.6% | -0.4% |
| Operating Income | $53.00M | $-496.00M | $-26.00M | $91.00M | $186.00M | $49.00M | $176.00M | $52.00M | $-25.00M | $218.00M | $94.00M | $-141.00M | $19.00M | $-11.00M |
| Operating Margin % | 1.3% | -14.7% | -0.7% | 2.3% | 4.4% | 1.2% | 4.2% | 1.4% | -0.7% | 5.5% | 2.4% | -3.8% | 0.5% | -0.3% |
| Interest Expense | $5.00M | $35.00M | $19.00M | $19.00M | $1.00M | $11.00M | $11.00M | $13.00M | $13.00M | $14.00M | $16.00M | $16.00M | $16.00M | $14.00M |
| Interest Income | $30.00M | $24.00M | $26.00M | $29.00M | $47.00M | $48.00M | $49.00M | $52.00M | $62.00M | $56.00M | $53.00M | $57.00M | $47.00M | $28.00M |
| Income Before Tax | $282.00M | $-483.00M | $-9.00M | $108.00M | $2.33B | $86.00M | $214.00M | $91.00M | $24.00M | $260.00M | $131.00M | $-100.00M | $50.00M | $3.00M |
| Income Tax Expense | $-575.00M | $-177.00M | $765.00M | $-53.00M | $462.00M | $61.00M | $61.00M | $51.00M | $64.00M | $79.00M | $63.00M | $30.00M | $82.00M | $27.00M |
| Net Income | $-1.57B | $-697.00M | $2.46B | $-241.00M | $1.86B | $54.00M | $169.00M | $59.00M | $-22.00M | $206.00M | $61.00M | $-107.00M | $9.00M | $22.00M |
| Net Margin % | -37.7% | -20.7% | 61.8% | -6.1% | 43.7% | 1.3% | 4.0% | 1.6% | -0.6% | 5.2% | 1.5% | -2.9% | 0.2% | 0.6% |
| Basic EPS | -9.52 | -4.30 | 14.93 | -1.42 | 10.83 | 0.32 | 0.99 | 0.35 | -0.18 | 1.18 | 0.36 | nan | 0.00 | nan |
| Diluted EPS | -9.44 | -4.30 | 14.81 | -1.42 | 10.67 | 0.31 | 0.97 | 0.34 | -0.18 | 1.15 | 0.35 | nan | -0.01 | nan |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.13B | $2.78B | $2.17B | $2.43B | $2.83B | $2.91B | $2.63B | $2.33B | $2.52B | $2.42B | $2.26B | $2.14B | $2.44B | $2.44B |
| Short-term Investments | $59.00M | $53.00M | $99.00M | $78.00M | $130.00M | $94.00M | $79.00M | $74.00M | $69.00M | $64.00M | $60.00M | $174.00M | $185.00M | $155.00M |
| Other Current Assets | $450.00M | $126.00M | $186.00M | $172.00M | $157.00M | $147.00M | $312.00M | $401.00M | $347.00M | $338.00M | $361.00M | $375.00M | $396.00M | $381.00M |
| Total Current Assets | $6.44B | $5.47B | $5.03B | $4.91B | $5.17B | $5.26B | $5.02B | $4.91B | $5.06B | $5.06B | $4.88B | $4.84B | $5.04B | $4.99B |
| Property Plant & Equipment | $464.00M | $479.00M | $484.00M | $480.00M | $494.00M | $504.00M | $467.00M | $438.00M | $458.00M | $443.00M | $439.00M | $434.00M | $447.00M | $460.00M |
| Goodwill | - | - | - | - | $199.00M | $206.00M | $206.00M | $206.00M | $206.00M | $206.00M | $206.00M | $206.00M | $206.00M | $244.00M |
| Long-term Investments | $543.00M | $4.82B | $5.62B | $2.38B | $2.83B | - | - | - | $614.00M | $114.00M | $667.00M | $612.00M | $584.00M | $612.00M |
| Other Non-current Assets | $787.00M | $695.00M | $661.00M | $656.00M | $646.00M | $252.00M | $262.00M | $269.00M | $340.00M | $314.00M | $298.00M | $281.00M | $278.00M | $288.00M |
| Total Assets | $8.24B | $11.47B | $11.79B | $8.42B | $9.14B | $7.10B | $6.81B | $6.70B | $6.97B | $7.16B | $6.76B | $6.63B | $6.83B | $6.87B |
| Accounts Payable | $1.48B | $1.50B | $1.44B | $1.32B | $1.22B | $1.20B | $1.11B | $1.25B | $1.21B | $1.20B | $1.16B | $1.07B | $1.02B | $1.07B |
| Short-term Debt | - | - | - | - | - | - | - | - | - | $18.00M | $17.00M | $16.00M | $152.00M | $167.00M |
| Deferred Revenue | $633.00M | $1.40B | $683.00M | $580.00M | $684.00M | $684.00M | $696.00M | $652.00M | $639.00M | $661.00M | $679.00M | $765.00M | $742.00M | $769.00M |
| Total Current Liabilities | $3.38B | $3.78B | $3.10B | $2.82B | $3.07B | $2.98B | $2.84B | $2.95B | $3.16B | $3.14B | $3.19B | $3.17B | $3.22B | $3.21B |
| Long-term Debt | $1.07B | $1.07B | $1.07B | $1.09B | $1.10B | $1.12B | $1.14B | $1.15B | $1.16B | $1.43B | $979.00M | $978.00M | $978.00M | $980.00M |
| Deferred Tax Liabilities | $6.00M | $898.00M | $1.16B | $412.00M | $468.00M | $80.00M | $99.00M | $72.00M | $70.00M | $73.00M | $81.00M | $84.00M | $73.00M | $63.00M |
| Common Stock | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $1.00M | $1.00M | $1.00M | $1.00M |
| Retained Earnings | $3.06B | $4.64B | $5.34B | $2.88B | $3.12B | $1.26B | $1.21B | $1.04B | $979.00M | $1.00B | $831.00M | $780.00M | $896.00M | $898.00M |
| Total Stockholders Equity | $3.24B | $5.19B | $5.95B | $3.59B | $3.95B | $2.25B | $2.14B | $1.95B | $1.94B | $1.88B | $1.80B | $1.72B | $1.79B | $1.65B |
| Total Liabilities & Equity | $8.24B | $11.47B | $11.79B | $8.42B | $9.14B | $7.10B | $6.81B | $6.70B | $6.97B | $7.16B | $6.76B | $6.63B | $6.83B | $6.87B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-1.57B | $-697.00M | $2.46B | $-241.00M | $1.86B | $54.00M | $169.00M | $59.00M | $-22.00M | $161.00M | $-46.00M | $-107.00M | $9.00M | $136.00M |
| Depreciation & Amortization | $16.00M | $52.00M | $35.00M | $18.00M | $20.00M | $53.00M | $34.00M | $18.00M | $17.00M | $57.00M | $37.00M | $18.00M | $18.00M | $55.00M |
| Stock-based Compensation | $6.00M | $24.00M | $17.00M | $12.00M | $5.00M | $26.00M | $20.00M | $13.00M | $11.00M | $37.00M | $24.00M | $16.00M | - | $19.00M |
| Operating Cash Flow | $-366.00M | $-21.00M | $-307.00M | $-286.00M | $327.00M | $501.00M | $171.00M | $-111.00M | $308.00M | $-96.00M | $-99.00M | $-161.00M | $46.00M | $-15.00M |
| Capital Expenditure | $12.00M | $38.00M | $25.00M | $11.00M | $31.00M | $133.00M | $82.00M | $34.00M | $35.00M | $71.00M | $42.00M | $20.00M | $37.00M | $38.00M |
| Purchases of Investments | $58.00M | $88.00M | $80.00M | $21.00M | $65.00M | $140.00M | $78.00M | $49.00M | $176.00M | $250.00M | $90.00M | $71.00M | $115.00M | $313.00M |
| Investing Cash Flow | $121.00M | $316.00M | $-61.00M | $36.00M | $-204.00M | $-129.00M | $-38.00M | $-22.00M | $-231.00M | $-46.00M | $103.00M | $13.00M | $-14.00M | $-64.00M |
| Debt Repayment | - | $37.00M | $36.00M | $18.00M | $13.00M | $44.00M | $24.00M | $10.00M | - | $249.00M | - | - | $18.00M | $23.00M |
| Stock Repurchased | $389.00M | $365.00M | $295.00M | $142.00M | $125.00M | - | - | - | - | - | - | - | - | - |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | $20.00M | $10.00M | - | - |
| Financing Cash Flow | $-409.00M | $-388.00M | $-341.00M | $-163.00M | $-138.00M | $22.00M | $6.00M | $-26.00M | $-4.00M | $131.00M | $-197.00M | $-161.00M | $-63.00M | $378.00M |
| Net Change in Cash | $-641.00M | $-53.00M | $-657.00M | $-396.00M | $-83.00M | $393.00M | $110.00M | $-184.00M | $98.00M | $-18.00M | $-177.00M | $-302.00M | $3.00M | $227.00M |
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 | $3.37B | - | $11.33B | - |
| Cost of Revenue | $3.82B | - | $11.58B | - |
| Gross Profit | $-449.00M | - | $-253.00M | - |
| Operating Income | $-496.00M | - | $-431.00M | - |
| Interest Expense | $11.00M | - | $35.00M | - |
| Interest Income | $24.00M | - | $79.00M | - |
| Income Before Tax | $-483.00M | - | $-383.00M | - |
| Income Tax Expense | $-177.00M | - | $536.00M | - |
| Net Income | $-697.00M | $153.00M | $1.52B | - |
| Basic EPS | -4.30 | - | 9.21 | - |
| Diluted EPS | -4.30 | - | 9.13 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.78B | $2.83B |
| Short-term Investments | $53.00M | $130.00M |
| Other Current Assets | $126.00M | $157.00M |
| Total Current Assets | $5.47B | $5.17B |
| Property Plant & Equipment | $479.00M | $494.00M |
| Long-term Investments | $4.82B | $2.83B |
| Other Non-current Assets | $695.00M | $646.00M |
| Total Assets | $11.47B | $9.14B |
| Accounts Payable | $1.50B | $1.22B |
| Deferred Revenue | $1.40B | $684.00M |
| Total Current Liabilities | $3.78B | $3.07B |
| Long-term Debt | $1.07B | $1.10B |
| Deferred Tax Liabilities | $898.00M | $468.00M |
| Common Stock | $2.00M | $2.00M |
| Retained Earnings | $4.64B | $3.12B |
| Total Stockholders Equity | $5.19B | $3.95B |
| Total Liabilities & Equity | $11.47B | $9.14B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-697.00M | $153.00M | $1.52B | - |
| Depreciation & Amortization | - | - | $52.00M | - |
| Stock-based Compensation | - | - | $24.00M | - |
| Operating Cash Flow | - | - | $-21.00M | - |
| Capital Expenditure | - | - | $38.00M | - |
| Purchases of Investments | - | - | $88.00M | - |
| Investing Cash Flow | - | - | $316.00M | - |
| Debt Repayment | - | - | $37.00M | - |
| Stock Repurchased | - | - | $365.00M | - |
| Financing Cash Flow | - | - | $-388.00M | - |
| Net Change in Cash | - | - | $-53.00M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.