$1.33B
Revenue
$-37.60M
Net Income
16.48%
Gross Margin
4.61%
Op. Margin
$215.20M
Free Cash Flow
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
Q2 2024 (Mar 31, 2024) |
Q1 2024 (Dec 31, 2023) |
Q4 2023 (Sep 30, 2023) |
Q3 2023 (Jun 30, 2023) |
Q2 2023 (Mar 31, 2023) |
Q1 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $396.10M | $227.50M | $214.60M | $494.60M | $307.20M | $208.80M | $202.90M | $364.00M | $341.70M | $233.60M | $207.60M | $411.10M | $352.40M |
| Revenue Growth % (YoY) | 28.9% | 9.0% | 5.8% | 35.9% | -10.1% | -10.6% | -2.3% | -11.5% | -3.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | $953.60M | $230.10M | $568.60M | $352.70M | $237.50M | $221.80M | $400.60M | $361.30M | $242.60M | $224.40M | $455.00M | $390.20M |
| Gross Profit | $63.20M | $38.40M | $41.20M | $76.80M | $34.30M | $19.50M | $32.60M | $72.90M | $70.60M | $44.10M | $34.60M | $85.20M | $70.00M |
| Gross Margin % | 16.0% | 16.9% | 19.2% | 15.5% | 11.2% | 9.3% | 16.1% | 20.0% | 20.7% | 18.9% | 16.7% | 20.7% | 19.9% |
| Selling General & Admin | $26.60M | $26.40M | $24.00M | $29.60M | $33.30M | $31.30M | $27.50M | $33.30M | $45.70M | $40.20M | $35.20M | $37.30M | $42.10M |
| Operating Income | $36.60M | $12.00M | $15.90M | $-3.10M | $500.00K | $-29.80M | $5.90M | $-45.80M | $-55.30M | $3.90M | $-600.00K | $47.90M | $27.90M |
| Operating Margin % | 9.2% | 5.3% | 7.4% | -0.6% | 0.2% | -14.3% | 2.9% | -12.6% | -16.2% | 1.7% | -0.3% | 11.7% | 7.9% |
| Interest Expense | $34.40M | $1.40M | $57.90M | $34.20M | $23.40M | $9.80M | $56.50M | $17.10M | $15.80M | $13.10M | $14.30M | $14.20M | $13.90M |
| Interest Income | $300.00K | $400.00K | $300.00K | $200.00K | $400.00K | $200.00K | $200.00K | $200.00K | $400.00K | $600.00K | $1.70M | $1.90M | $1.10M |
| Other Income/Expense | $-300.00K | $-2.30M | $2.50M | $-1.40M | $-3.10M | $-300.00K | $-300.00K | $-900.00K | $-700.00K | $-600.00K | $-2.70M | $-900.00K | $-100.00K |
| Income Before Tax | $16.40M | $-4.00M | $-13.60M | $-22.20M | $-13.90M | $-50.80M | $-10.90M | $-61.10M | $-73.30M | $-9.40M | $-2.80M | $33.50M | $11.60M |
| Income Tax Expense | $-2.20M | $3.20M | $3.40M | $9.80M | $9.70M | $-2.50M | $32.70M | $-13.10M | $1.80M | $-6.90M | $-42.70M | $55.10M | $11.90M |
| Net Income | $18.60M | $-7.20M | $-17.00M | $-32.00M | $-23.60M | $-48.30M | $-43.60M | $-48.00M | $-75.10M | $-2.50M | $39.90M | $-21.60M | $-300.00K |
| Net Margin % | 4.7% | -3.2% | -7.9% | -6.5% | -7.7% | -23.1% | -21.5% | -13.2% | -22.0% | -1.1% | 19.2% | -5.3% | -0.1% |
| Basic EPS | 0.43 | nan | -0.41 | -0.77 | -0.57 | -1.16 | -1.05 | -1.16 | -1.83 | -0.07 | 0.96 | -0.53 | -0.01 |
| Diluted EPS | 0.43 | nan | -0.41 | -0.77 | -0.57 | -1.16 | -1.05 | -1.16 | -1.83 | -0.07 | 0.96 | -0.53 | -0.01 |
| Basic Shares Outstanding | 42.1M | 90K | 41.9M | 41.5M | 41.4M | 22K | 41.3M | 41.3M | 41.2M | 123K | 41.1M | 41.1M | 39.8M |
| Diluted Shares Outstanding | 42.3M | 90K | 41.9M | 41.5M | 41.4M | 22K | 41.3M | 41.3M | 41.2M | 123K | 41.1M | 41.1M | 39.8M |
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
Q2 2024 (Mar 31, 2024) |
Q1 2024 (Dec 31, 2023) |
Q4 2023 (Sep 30, 2023) |
Q3 2023 (Jun 30, 2023) |
Q2 2023 (Mar 31, 2023) |
Q1 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $46.70M | $59.70M | $79.40M | $49.50M | $45.80M | $20.20M | $12.80M | $40.00M | $38.30M | $38.70M | $58.00M | $249.70M | $146.10M |
| Accounts Receivable | $278.60M | $179.60M | $202.10M | $274.60M | $261.70M | $126.10M | $92.30M | $143.00M | $168.60M | $129.50M | $95.80M | $159.70M | $202.20M |
| Inventory | $258.40M | $312.00M | $264.70M | $220.70M | $367.10M | $414.10M | $407.50M | $367.70M | $392.50M | $392.20M | $340.10M | $261.70M | $301.00M |
| Other Current Assets | $48.50M | $20.90M | $24.40M | $20.50M | $23.00M | $26.90M | $34.40M | $47.40M | $28.40M | $33.40M | $38.20M | $29.70M | $35.40M |
| Total Current Assets | $632.20M | $572.20M | $570.60M | $565.30M | $697.60M | $587.30M | $547.00M | $598.10M | $627.80M | $593.80M | $532.10M | $700.80M | $684.70M |
| Goodwill | $6.00M | $6.00M | $6.10M | $5.90M | $5.80M | $6.00M | $5.90M | $5.90M | $97.20M | $96.80M | $103.30M | $56.90M | $56.80M |
| Intangible Assets | $23.70M | $23.80M | $24.60M | $26.10M | $80.10M | $82.50M | $100.80M | $102.00M | $119.50M | $120.00M | $119.90M | $44.90M | $45.30M |
| Other Non-current Assets | $98.60M | $147.30M | $162.30M | $160.10M | $158.80M | $157.80M | $153.60M | $152.60M | $157.80M | $155.20M | $160.20M | $155.20M | $157.40M |
| Total Assets | $1.53B | $1.52B | $1.54B | $1.53B | $1.72B | $1.64B | $1.60B | $1.65B | $1.81B | $1.82B | $1.73B | $1.78B | $1.76B |
| Accounts Payable | $100.60M | $96.00M | $68.00M | $95.20M | $96.20M | $82.10M | $69.40M | $88.50M | $85.90M | $116.80M | $96.90M | $114.90M | $113.40M |
| Accrued Liabilities | $118.00M | $110.70M | $159.10M | $163.80M | $162.40M | $78.40M | $63.50M | $61.90M | $87.40M | $98.90M | $94.10M | $77.20M | $74.80M |
| Total Current Liabilities | $243.70M | $265.60M | $265.10M | $307.60M | $294.80M | $217.00M | $188.40M | $200.90M | $204.30M | $275.80M | $246.00M | $276.00M | $218.70M |
| Long-term Debt | $883.60M | $832.20M | $825.30M | $797.60M | $965.70M | $910.00M | $868.80M | $872.20M | $908.70M | $800.30M | $716.00M | $825.70M | $832.10M |
| Deferred Tax Liabilities | $59.10M | $53.90M | $56.00M | $54.20M | $56.00M | $56.50M | $59.40M | $59.60M | $60.70M | $58.50M | $61.50M | $60.70M | $59.20M |
| Other Non-current Liabilities | $73.40M | $126.00M | $133.10M | $136.00M | $141.40M | $140.00M | $126.50M | $131.70M | $171.80M | $166.20M | $172.40M | $136.90M | $144.90M |
| Common Stock | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K |
| Retained Earnings | $-59.00M | $-77.60M | $-70.40M | $-53.40M | $-21.40M | $2.20M | $50.40M | $81.30M | $135.60M | $217.10M | $225.80M | $192.00M | $219.90M |
| Treasury Stock | - | $10.80M | - | - | - | $10.20M | - | - | - | $8.70M | $8.60M | $8.60M | $7.60M |
| Total Stockholders Equity | $260.50M | $234.10M | $249.80M | $236.50M | $263.00M | $316.60M | $352.10M | $387.70M | $459.80M | $517.20M | $536.70M | $485.40M | $509.80M |
| Total Liabilities & Equity | $1.53B | $1.52B | $1.54B | $1.53B | $1.72B | $1.64B | $1.60B | $1.65B | $1.81B | $1.82B | $1.73B | $1.78B | $1.76B |
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
Q2 2024 (Mar 31, 2024) |
Q1 2024 (Dec 31, 2023) |
Q4 2023 (Sep 30, 2023) |
Q3 2023 (Jun 30, 2023) |
Q2 2023 (Mar 31, 2023) |
Q1 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $18.60M | $-7.20M | $-17.00M | $-55.60M | $-23.60M | $-48.30M | $-43.60M | $-123.10M | $-75.10M | $-2.50M | $39.90M | $-21.60M | $-300.00K |
| Depreciation & Amortization | $26.40M | $26.70M | $76.50M | $53.30M | $26.80M | $26.60M | $78.40M | $52.30M | $25.50M | $25.90M | $72.70M | $48.40M | $23.90M |
| Stock-based Compensation | $2.30M | $2.90M | $7.30M | $6.70M | $3.90M | $1.80M | $6.30M | $7.00M | $11.90M | $3.40M | $17.20M | $13.70M | $10.60M |
| Deferred Income Tax | $4.50M | $-2.10M | $-500.00K | $800.00K | $2.70M | $-3.90M | $1.20M | $800.00K | $600.00K | $-100.00K | $-4.70M | $-4.20M | $-5.40M |
| Change in Receivables | $98.80M | $25.60M | $-14.20M | $63.80M | $61.30M | $27.80M | $-36.80M | $12.70M | $37.40M | $34.80M | $-73.70M | $-8.90M | $34.00M |
| Change in Inventory | $-51.70M | $50.70M | $-138.00M | $-183.30M | $-39.10M | $6.00M | $9.90M | $-26.70M | $-8.30M | $54.60M | $28.10M | $-44.10M | $-5.10M |
| Operating Cash Flow | $-37.00M | $-6.90M | $204.60M | $182.80M | $-4.10M | $-12.70M | $27.10M | $22.30M | $-65.60M | $-13.40M | $121.30M | $143.90M | $2.10M |
| Capital Expenditure | $22.80M | $15.90M | $53.80M | $35.80M | $21.80M | $20.90M | $93.30M | $65.30M | $35.30M | $77.30M | $78.90M | $43.70M | $19.90M |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | $18.90M | - | - |
| Investing Cash Flow | $-23.30M | $-15.30M | $-34.70M | $-35.90M | $-22.20M | $-21.10M | $-95.00M | $-66.40M | $-36.00M | $-79.50M | $-100.30M | $-44.00M | $-20.10M |
| Debt Repayment | - | - | - | $12.30M | $1.60M | $8.30M | $70.30M | $38.00M | $1.20M | $2.90M | $311.70M | $9.10M | - |
| Stock Issued | - | - | - | - | - | - | - | - | - | - | $240.70M | $240.70M | $240.70M |
| Dividends Paid | - | - | - | - | - | $-100.00K | $12.70M | $12.70M | $6.40M | $6.20M | $18.70M | $12.60M | $6.30M |
| Financing Cash Flow | $47.10M | $3.20M | $-111.50M | $-116.80M | $53.10M | $40.90M | $42.20M | $45.30M | $100.90M | $74.10M | $-10.10M | $102.90M | $117.70M |
| Net Change in Cash | $-13.00M | $-19.70M | $59.20M | $29.30M | $25.60M | $7.40M | $-25.90M | $1.30M | $-400.00K | $-19.30M | $11.90M | $203.60M | $100.00M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.