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$15.50B
Revenue
$-51.00M
Net Income
-0.77%
Gross Margin
-2.44%
Op. Margin
$-1.07B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 17 of 17 annual reports available (2009 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
+ Total Revenue $15.50B $15.50B $16.32B $15.47B $13.74B $12.43B $15.67B $14.35B $19.17B $19.52B $19.04B $18.11B $21.53B $27.35B $27.58B $23.38B $20.85B $21.99B
Revenue Growth % 0.0% -5.0% 5.4% 12.6% 10.5% -20.6% 9.2% -25.1% -1.8% 2.5% 5.1% -15.9% -21.3% -0.8% 17.9% 12.1% -5.2% nan%
Cost of Revenue $15.62B $15.62B $15.74B $15.00B $13.39B $12.02B $15.28B $14.78B $18.50B $18.90B $18.25B $17.02B $20.13B $25.99B $26.69B $22.23B $20.14B $20.69B
+ Gross Profit $-120.00M $-120.00M $574.00M $477.00M $355.00M $411.60M $399.53M $-206.05M - - - - - - - - - -
Gross Margin % -0.8% -0.8% 3.5% 3.1% 2.6% 3.3% 2.5% -1.4% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan%
+ Operating Income $-378.00M $-378.00M $463.00M $147.00M $209.00M $-59.73M $45.29M $-828.34M - - - - - - - - - -
Operating Margin % -2.4% -2.4% 2.8% 0.9% 1.5% -0.5% 0.3% -5.8% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan%
Interest Expense $78.00M $40.00M $42.00M $60.00M $59.00M $84.48M $72.12M $74.10M $77.18M $67.64M $69.69M $44.77M $29.68M $26.89M $28.24M $15.60M $10.62M $10.05M
Interest Income $109.00M $109.00M $196.00M $228.00M $94.00M $16.51M $25.69M $54.37M $36.97M $27.78M $17.05M $16.69M $18.27M $14.44M $27.76M $31.96M $21.23M $24.23M
Income Before Tax $-102.00M $-101.00M $2.72B $315.00M $244.00M $-127.70M $-207.05M $-1.28B $481.75M $386.44M $546.60M $726.55M $1.20B $1.18B $733.50M $1.00B $559.60M $1.14B
Income Tax Expense $-40.00M $-39.00M $634.00M $236.00M $171.00M $16.49M $18.59M $440.98M $188.79M $121.97M $219.15M $245.89M $352.81M $354.57M $162.44M $303.73M $118.51M $403.91M
+ Net Income $-51.00M $-51.00M $2.15B $139.00M $145.00M $-440.17M $-435.05M $-1.52B $224.83M $191.38M $281.40M $475.01M $647.54M $823.03M $456.33M $593.73M $357.50M $684.89M
Net Margin % -0.3% -0.3% 13.1% 0.9% 1.1% -3.5% -2.8% -10.6% 1.2% 1.0% 1.5% 2.6% 3.0% 3.0% 1.7% 2.5% 1.7% 3.1%
Basic EPS -0.31 -0.31 12.48 0.55 0.75 nan -3.10 -10.87 1.60 1.37 2.02 2.85 3.24 4.11 2.73 3.44 2.01 3.79
Diluted EPS -0.35 -0.31 12.30 0.54 0.73 nan -3.10 -10.87 1.59 1.36 2.00 2.81 3.20 4.06 2.71 3.40 1.98 3.75
Basic Shares Outstanding - 164.0M 172.0M 150.0M - - - - 140.4M 139.8M 139.2M 144.8M 157.5M 162.6M 167.1M 172.5M 178.0M 179.1M
Diluted Shares Outstanding - 164.0M 174.0M 153.0M - - - - 141.3M 140.9M 140.9M 146.7M 159.6M 164.4M 168.5M 174.6M 181.0M 180.9M
Breakdown FY 2025
(Dec 31, 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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Cash & Cash Equivalents $2.13B $2.83B $2.52B $2.44B $2.21B $2.20B $2.00B $1.76B $1.80B $1.85B $1.95B $1.99B $2.28B $2.15B $2.16B $2.13B $1.69B
Short-term Investments $59.00M $130.00M $69.00M $185.00M $127.22M $23.34M $7.26M $214.83M $161.13M $111.04M $197.09M $105.13M $186.02M $137.13M $96.44M $193.28M $603.59M
Other Current Assets $450.00M $157.00M $347.00M $396.00M $538.27M $424.85M $359.37M $382.00M $574.76M $411.28M $378.93M $260.59M $273.44M $367.26M $232.42M $413.87M $305.59M
Total Current Assets $6.44B $5.17B $5.06B $5.04B $5.56B $5.03B $5.52B $5.44B $5.60B $5.61B $5.28B $5.76B $6.00B $6.09B $5.88B $5.56B $5.12B
Property Plant & Equipment $464.00M $494.00M $458.00M $447.00M $386.59M $561.08M $543.04M $1.01B $1.09B $1.02B $892.34M $980.26M $966.95M $951.25M $921.59M $866.34M $837.03M
Goodwill - $199.00M $206.00M $206.00M $206.51M $349.26M $450.39M $533.59M $564.68M $532.24M $111.65M $112.95M $114.11M $101.33M $95.95M $87.85M $88.06M
Long-term Investments $543.00M $2.83B $614.00M $584.00M $513.91M $532.07M $574.42M $938.49M $878.86M $740.38M $337.93M $189.81M $198.19M $142.89M $129.30M $134.91M $185.23M
Other Non-current Assets $787.00M $646.00M $340.00M $278.00M $228.72M $405.05M $478.62M $316.00M $377.29M $370.15M $208.00M $203.69M $237.34M $255.81M $268.87M $156.14M $83.49M
Total Assets $8.24B $9.14B $6.97B $6.83B $7.28B $7.31B $7.97B $8.91B $9.33B $9.22B $7.63B $8.19B $8.32B $8.28B $8.27B $7.61B $7.18B
Accounts Payable $1.48B $1.22B $1.21B $1.02B $1.10B $1.23B $1.36B $1.64B $1.51B $1.59B $1.27B $1.42B $1.64B $1.95B $1.73B $1.43B $1.33B
Short-term Debt - - - $152.00M $911.00K $25.41M $38.73M $26.89M $27.36M $82.24M - $28.74M - - - - -
Deferred Revenue $633.00M $684.00M $639.00M $742.00M $890.70M $1.14B $1.12B $903.37M - - - - - - - - -
Total Current Liabilities $3.38B $3.07B $3.16B $3.22B $3.90B $3.57B $3.93B $3.55B $3.57B $3.82B $2.94B $3.33B $3.41B $3.89B $3.84B $3.52B $3.30B
Long-term Debt $1.07B $1.10B $1.16B $978.00M $1.17B $1.71B $1.65B $1.66B $1.59B $1.52B $992.66M $991.68M $496.60M $520.21M $513.50M $17.76M $17.74M
Deferred Tax Liabilities $6.00M $468.00M $70.00M $73.00M $67.31M $80.75M $83.30M - - - - - - - - - -
Other Non-current Liabilities - - - - - - - - - - $589.99M $648.06M $539.26M $441.63M $456.76M $545.16M $525.45M
Common Stock $2.00M $2.00M $2.00M $1.00M $1.41M $1.40M $1.40M $1.40M $1.40M $1.39M $1.39M $1.49M $1.61M $1.62M $1.69M $1.76M $1.79M
Retained Earnings $3.06B $3.12B $979.00M $896.00M $790.44M $1.25B $1.70B $3.42B $3.65B $3.58B $3.43B $3.59B $4.04B $3.60B $3.59B $3.11B $2.84B
Total Stockholders Equity $3.24B $3.95B $1.94B $1.79B $1.39B $1.03B $1.49B $2.96B $3.34B $3.13B $3.00B $3.11B $3.76B $3.34B $3.40B $3.50B $3.31B
Total Liabilities & Equity $8.24B $9.14B $6.97B $6.83B $7.28B $7.31B $7.97B $8.91B $9.33B $9.22B $7.63B $8.19B $8.32B $8.28B $8.27B $7.61B $7.18B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Net Income $-51.00M $-51.00M $2.15B $139.00M $145.00M $-440.17M $-435.05M $-1.52B $224.83M $191.38M $281.40M $475.01M $647.54M $823.03M $456.33M $593.73M $357.50M $684.89M
Depreciation & Amortization $121.00M $68.00M $73.00M $74.00M $73.00M $74.00M $105.00M - - - - - - - - - - -
Stock-based Compensation $59.00M $30.00M $31.00M $48.00M $19.00M $31.97M $21.88M $36.08M $43.03M $40.67M $40.09M $61.05M $48.23M $42.91M $37.40M $36.76M $46.82M $33.62M
Deferred Income Tax - $-602.00M $417.00M $-13.00M - - - - - - - - - - - - - $74.66M
Change in Working Capital - - - - - - - - $297.72M $11.90M $-135.39M $-303.90M $408.86M $261.60M $174.51M $-46.01M $173.01M $143.93M
Operating Cash Flow $-980.00M $-387.00M $828.00M $212.00M $31.00M $25.33M $185.88M $219.02M $162.16M $601.97M $705.92M $849.13M $642.57M $788.91M $603.77M - $550.91M $899.31M
Capital Expenditure $86.00M $50.00M $164.00M $106.00M $75.00M $75.07M $113.44M $180.84M $211.00M $283.11M $235.90M $240.22M $324.70M $288.49M $254.75M $338.17M $265.41M $233.11M
Acquisitions - - - - - - - - - - $240.74M - - $23.07M $19.34M $27.33M - -
Purchases of Investments $247.00M $146.00M $205.00M $426.00M $428.00M $148.49M $35.08M $31.16M $483.51M $237.36M $359.99M $386.02M $410.51M $492.63M $922.02M $857.79M $853.62M $1.66B
Investing Cash Flow $412.00M $437.00M $-333.00M $-277.00M $-78.00M $-121.87M $-41.56M $80.47M $1.38M $-484.28M $-741.35M $-66.51M - - - - $218.43M $-818.06M
Debt Repayment $91.00M $37.00M $57.00M $249.00M $41.00M $525.00M - - - - - - - - $7.51M $77.23M $13.10M -
Stock Repurchased $1.19B $754.00M $125.00M - - - - - $50.02M - $9.72M $509.66M $906.08M $200.05M $389.23M $639.56M $175.06M $125.42M
Dividends Paid - - - - - - $28.72M $118.07M $118.73M $118.00M $118.00M $125.20M $126.22M $78.72M $128.65M $87.68M $90.09M $90.69M
Financing Cash Flow $-1.30B $-797.00M $-116.00M $127.00M $315.00M $122.25M $48.45M $-77.30M $-140.49M $-215.50M $-10.35M $-728.23M - - - - $-389.87M $-317.30M
Net Change in Cash $-1.75B $-694.00M $310.00M $80.00M $230.00M $10.60M $201.58M $232.45M $-39.33M $-46.36M $-99.45M $-43.24M $-290.46M $129.04M $-6.87M $26.41M $447.97M $-147.30M
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-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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