$1.33B
Revenue
$-37.60M
Net Income
16.48%
Gross Margin
4.61%
Op. Margin
$215.20M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|---|
| Total Revenue | $1.33B | $1.24B | $1.12B | $1.20B | $1.24B | $1.49B |
| Revenue Growth % | 7.1% | 11.3% | -7.2% | -3.2% | -16.5% | nan% |
| Cost of Revenue | - | $2.11B | $1.22B | $1.31B | $1.43B | $1.47B |
| Gross Profit | $219.60M | $190.70M | $195.00M | $233.90M | $196.80M | $336.80M |
| Gross Margin % | 16.5% | 15.3% | 17.5% | 19.4% | 15.8% | 22.6% |
| Selling General & Admin | $106.60M | $113.30M | $137.80M | $154.80M | $153.90M | $173.20M |
| Operating Income | $61.40M | $25.30M | $-116.80M | $79.10M | $42.90M | $163.60M |
| Operating Margin % | 4.6% | 2.0% | -10.5% | 6.6% | 3.4% | 11.0% |
| Interest Expense | $127.90M | $59.30M | $66.30M | $55.50M | $55.20M | $68.40M |
| Interest Income | $1.20M | $1.30M | $1.00M | $5.30M | $800.00K | - |
| Other Income/Expense | $-1.50M | $-4.30M | $-2.20M | $-4.30M | $300.00K | $-11.30M |
| Income Before Tax | $-23.40M | $-53.70M | $-188.20M | $32.90M | $-2.30M | $84.60M |
| Income Tax Expense | $14.20M | $26.10M | $17.90M | $17.40M | $35.00M | $22.10M |
| Net Income | $-37.60M | $-79.80M | $-206.10M | $15.50M | $-25.10M | $62.50M |
| Net Margin % | -2.8% | -6.4% | -18.4% | 1.3% | -2.0% | 4.2% |
| Basic EPS | nan | nan | -4.99 | 0.37 | -0.74 | 1.82 |
| Diluted EPS | nan | nan | -4.99 | 0.37 | -0.74 | 1.81 |
| Basic Shares Outstanding | 42.1M | 41.8M | 41.3M | 40.8M | 34.1M | 33.9M |
| Diluted Shares Outstanding | 42.3M | 41.8M | 41.3M | 40.8M | 34.1M | 33.9M |
| Breakdown | FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $59.70M | $20.20M | $38.70M | $46.10M | $34.70M |
| Accounts Receivable | $179.60M | $126.10M | $129.50M | $167.20M | $342.40M |
| Inventory | $312.00M | $414.10M | $392.20M | $304.40M | $311.50M |
| Other Current Assets | $20.90M | $26.90M | $33.40M | $44.30M | $96.40M |
| Total Current Assets | $572.20M | $587.30M | $593.80M | $562.00M | $785.00M |
| Goodwill | $6.00M | $6.00M | $96.80M | $56.40M | $343.00M |
| Intangible Assets | $23.80M | $82.50M | $120.00M | $45.40M | $103.00M |
| Other Non-current Assets | $147.30M | $157.80M | $155.20M | $156.50M | $156.50M |
| Total Assets | $1.52B | $1.64B | $1.82B | $1.64B | $2.44B |
| Accounts Payable | $96.00M | $82.10M | $116.80M | $114.70M | $126.20M |
| Accrued Liabilities | $110.70M | $78.40M | $98.90M | $81.10M | $61.50M |
| Total Current Liabilities | $265.60M | $217.00M | $275.80M | $233.10M | $295.90M |
| Long-term Debt | $832.20M | $910.00M | $800.30M | $947.60M | $1.36B |
| Deferred Tax Liabilities | $53.90M | $56.50M | $58.50M | $63.40M | $89.90M |
| Other Non-current Liabilities | $126.00M | $140.00M | $166.20M | $143.00M | $163.90M |
| Common Stock | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K |
| Retained Earnings | $-77.60M | $2.20M | $217.10M | $226.50M | $607.40M |
| Treasury Stock | $10.80M | $10.20M | $8.70M | $7.30M | $3.20M |
| Total Stockholders Equity | $234.10M | $316.60M | $517.20M | $256.40M | $529.60M |
| Total Liabilities & Equity | $1.52B | $1.64B | $1.82B | $1.64B | $2.44B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|---|
| Net Income | $-61.20M | $-79.80M | $-206.10M | $15.50M | $-25.10M | $62.50M |
| Depreciation & Amortization | $182.90M | $103.20M | $105.00M | $98.60M | $113.70M | $137.90M |
| Stock-based Compensation | $19.20M | $10.20M | $8.10M | $20.60M | $15.70M | $6.30M |
| Deferred Income Tax | $2.70M | $-2.60M | $-2.70M | $-4.80M | $19.90M | $-11.80M |
| Change in Receivables | $174.00M | $11.40M | $-9.00M | $-38.90M | $55.00M | $31.30M |
| Change in Inventory | $-322.30M | $-87.30M | $15.90M | $82.70M | $-6.30M | $45.40M |
| Operating Cash Flow | $343.50M | $197.70M | $14.40M | $107.90M | $120.50M | $159.60M |
| Capital Expenditure | $128.30M | $69.70M | $114.20M | $156.20M | $96.70M | $98.10M |
| Acquisitions | - | - | - | $18.90M | - | - |
| Investing Cash Flow | $-109.20M | $-50.00M | $-116.10M | $-179.80M | $-80.00M | $-100.40M |
| Debt Repayment | - | - | $78.60M | $314.60M | $109.10M | $902.80M |
| Stock Issued | - | - | - | $240.70M | - | - |
| Dividends Paid | - | - | $12.60M | $24.90M | $20.80M | $98.10M |
| Financing Cash Flow | $-178.00M | $-108.30M | $83.10M | $64.00M | $-14.30M | $-50.50M |
| Net Change in Cash | $55.80M | $39.50M | $-18.50M | $-7.40M | $25.10M | $7.70M |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $396.10M | $307.20M |
| Gross Profit | $63.20M | $34.30M |
| Selling General & Admin | $26.60M | $33.30M |
| Operating Income | $36.60M | $500.00K |
| Interest Expense | $34.40M | $23.40M |
| Interest Income | $300.00K | $400.00K |
| Other Income/Expense | $-300.00K | $-3.10M |
| Income Before Tax | $16.40M | $-13.90M |
| Income Tax Expense | $-2.20M | $9.70M |
| Net Income | $18.60M | $-23.60M |
| Basic EPS | 0.43 | -0.57 |
| Diluted EPS | 0.43 | -0.57 |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Sep 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $46.70M | $59.70M |
| Accounts Receivable | $278.60M | $179.60M |
| Inventory | $258.40M | $312.00M |
| Other Current Assets | $48.50M | $20.90M |
| Total Current Assets | $632.20M | $572.20M |
| Goodwill | $6.00M | $6.00M |
| Intangible Assets | $23.70M | $23.80M |
| Other Non-current Assets | $98.60M | $147.30M |
| Total Assets | $1.53B | $1.52B |
| Accounts Payable | $100.60M | $96.00M |
| Accrued Liabilities | $118.00M | $110.70M |
| Total Current Liabilities | $243.70M | $265.60M |
| Long-term Debt | $883.60M | $832.20M |
| Deferred Tax Liabilities | $59.10M | $53.90M |
| Other Non-current Liabilities | $73.40M | $126.00M |
| Common Stock | $400.00K | $400.00K |
| Retained Earnings | $-59.00M | $-77.60M |
| Total Stockholders Equity | $260.50M | $234.10M |
| Total Liabilities & Equity | $1.53B | $1.52B |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $18.60M | $-23.60M |
| Depreciation & Amortization | $26.40M | $26.80M |
| Stock-based Compensation | $2.30M | $3.90M |
| Deferred Income Tax | $4.50M | $2.70M |
| Change in Receivables | $98.80M | $61.30M |
| Change in Inventory | $-51.70M | $-39.10M |
| Operating Cash Flow | $-37.00M | $-4.10M |
| Capital Expenditure | $22.80M | $21.80M |
| Investing Cash Flow | $-23.30M | $-22.20M |
| Financing Cash Flow | $47.10M | $53.10M |
| Net Change in Cash | $-13.00M | $25.60M |
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.