$5.78B
Revenue
$-329.00M
Net Income
13.41%
Gross Margin
-2.34%
Op. Margin
$33.00M
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) |
|---|---|---|---|---|---|
| Total Revenue | $5.78B | $6.04B | $6.11B | $8.02B | $8.45B |
| Revenue Growth % | -4.2% | -1.2% | -23.8% | -5.1% | nan% |
| Cost of Revenue | $5.00B | $5.17B | $5.21B | $6.48B | $6.68B |
| Gross Profit | $775.00M | $866.00M | $906.00M | $1.55B | $1.77B |
| Gross Margin % | 13.4% | 14.3% | 14.8% | 19.3% | 21.0% |
| Operating Expenses | $910.00M | $891.00M | $822.00M | $874.00M | $980.00M |
| Research & Development | $124.00M | $121.00M | $115.00M | $125.00M | $150.00M |
| Selling General & Admin | $655.00M | $671.00M | $689.00M | $711.00M | $851.00M |
| Operating Income | $-135.00M | $-25.00M | $84.00M | $672.00M | $795.00M |
| Operating Margin % | -2.3% | -0.4% | 1.4% | 8.4% | 9.4% |
| Interest Expense | $123.00M | $77.00M | $68.00M | $66.00M | $82.00M |
| Other Income/Expense | $12.00M | $21.00M | $2.00M | $35.00M | $32.00M |
| Income Before Tax | $-200.00M | $-39.00M | $99.00M | $697.00M | $1.31B |
| Income Tax Expense | $54.00M | $61.00M | $64.00M | $186.00M | $209.00M |
| Net Income | $-329.00M | $-189.00M | $101.00M | $460.00M | $1.04B |
| Net Margin % | -5.7% | -3.1% | 1.7% | 5.7% | 12.4% |
| Basic EPS | -1.91 | -1.10 | 0.57 | 2.29 | 4.77 |
| Diluted EPS | -1.91 | -1.10 | 0.57 | 2.27 | 4.72 |
| Basic Shares Outstanding | 172.6M | 172.1M | 177.4M | 201.0M | 219.2M |
| Diluted Shares Outstanding | 172.6M | 172.1M | 177.4M | 203.0M | 221.4M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $340.00M | $540.00M | $654.00M | $1.04B |
| Inventory | $917.00M | $867.00M | $995.00M | $1.20B |
| Other Current Assets | $29.00M | $154.00M | $190.00M | $167.00M |
| Total Current Assets | $2.12B | $2.31B | $3.15B | $3.93B |
| Property Plant & Equipment | $2.49B | $2.38B | $2.38B | $2.58B |
| Goodwill | $633.00M | $644.00M | $641.00M | $650.00M |
| Intangible Assets | $344.00M | $387.00M | $425.00M | $469.00M |
| Other Non-current Assets | $722.00M | $611.00M | $686.00M | $690.00M |
| Total Assets | $7.11B | $7.25B | $8.22B | $9.39B |
| Accounts Payable | - | - | $907.00M | $1.15B |
| Accrued Liabilities | $416.00M | $395.00M | $429.00M | $780.00M |
| Other Current Liabilities | $170.00M | - | - | - |
| Total Current Liabilities | $1.56B | $1.17B | $1.70B | $2.05B |
| Long-term Debt | $1.83B | $1.68B | $1.67B | $1.54B |
| Deferred Tax Liabilities | $204.00M | $243.00M | $250.00M | $161.00M |
| Other Non-current Liabilities | $324.00M | $345.00M | $422.00M | $713.00M |
| Total Liabilities | $3.95B | $3.77B | $4.38B | $4.83B |
| Retained Earnings | $2.25B | $2.62B | $2.71B | $2.44B |
| Total Stockholders Equity | $2.96B | $3.25B | $3.62B | $4.38B |
| Total Liabilities & Equity | $7.11B | $7.25B | $8.22B | $9.39B |
| 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) |
|---|---|---|---|---|---|
| Net Income | $-329.00M | $-189.00M | $101.00M | $460.00M | $1.04B |
| Depreciation & Amortization | $289.00M | $289.00M | $278.00M | $281.00M | $296.00M |
| Stock-based Compensation | $55.00M | $30.00M | $28.00M | $29.00M | $32.00M |
| Deferred Income Tax | $-27.00M | $-15.00M | $-10.00M | $89.00M | $-37.00M |
| Change in Inventory | $-132.00M | $77.00M | $-125.00M | $6.00M | $367.00M |
| Change in Payables | $-181.00M | $69.00M | $-224.00M | $-84.00M | $342.00M |
| Operating Cash Flow | $309.00M | $263.00M | $209.00M | $914.00M | $952.00M |
| Capital Expenditure | $276.00M | $184.00M | $230.00M | $272.00M | $342.00M |
| Acquisitions | - | - | - | - | $245.00M |
| Investing Cash Flow | $-139.00M | $-126.00M | $305.00M | $-279.00M | $-524.00M |
| Debt Repayment | $970.00M | $13.00M | $11.00M | $12.00M | $990.00M |
| Stock Issued | - | - | $5.00M | $6.00M | $10.00M |
| Stock Repurchased | $3.00M | $4.00M | $349.00M | $1.00B | $200.00M |
| Dividends Paid | $306.00M | $174.00M | $169.00M | $171.00M | $159.00M |
| Financing Cash Flow | $20.00M | $-326.00M | $-620.00M | $-994.00M | $-977.00M |
| Net Change in Cash | $191.00M | $-200.00M | $-114.00M | $-387.00M | $-552.00M |
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 | $1.46B | - | $4.33B | - |
| Cost of Revenue | $1.26B | - | $3.74B | - |
| Gross Profit | $204.00M | - | $587.00M | - |
| Operating Expenses | $198.00M | - | $659.00M | - |
| Research & Development | $29.00M | - | $94.00M | - |
| Selling General & Admin | $163.00M | - | $489.00M | - |
| Operating Income | $6.00M | - | $-72.00M | - |
| Interest Expense | - | - | $49.00M | - |
| Other Income/Expense | $6.00M | - | $13.00M | - |
| Income Before Tax | $-7.00M | - | $-119.00M | - |
| Income Tax Expense | $3.00M | - | $25.00M | - |
| Net Income | $-25.00M | $38.00M | $-188.00M | - |
| Basic EPS | -0.14 | - | -1.09 | - |
| Diluted EPS | -0.14 | - | -1.09 | - |
| Basic Shares Outstanding | $172.60M | - | $172.50M | - |
| Diluted Shares Outstanding | $172.60M | - | $172.50M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $468.00M | $340.00M |
| Inventory | $836.00M | $917.00M |
| Other Current Assets | $53.00M | $29.00M |
| Total Current Assets | $2.18B | $2.12B |
| Property Plant & Equipment | $2.48B | $2.49B |
| Goodwill | $628.00M | $633.00M |
| Intangible Assets | $317.00M | $344.00M |
| Other Non-current Assets | $751.00M | $722.00M |
| Total Assets | $7.08B | $7.11B |
| Accrued Liabilities | $478.00M | $416.00M |
| Total Current Liabilities | $1.60B | $1.56B |
| Long-term Debt | $1.63B | $1.51B |
| Deferred Tax Liabilities | $177.00M | $204.00M |
| Other Non-current Liabilities | $337.00M | $324.00M |
| Total Liabilities | $4.08B | $3.95B |
| Retained Earnings | $1.92B | $2.25B |
| Total Stockholders Equity | $2.77B | $2.96B |
| Total Liabilities & Equity | $7.08B | $7.11B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-25.00M | $38.00M | $-188.00M | - |
| Depreciation & Amortization | $73.00M | - | $214.00M | - |
| Stock-based Compensation | - | - | $23.00M | - |
| Deferred Income Tax | - | - | $-13.00M | - |
| Change in Inventory | - | - | $-114.00M | - |
| Change in Payables | - | - | $-103.00M | - |
| Operating Cash Flow | - | - | $213.00M | - |
| Capital Expenditure | - | - | $116.00M | - |
| Investing Cash Flow | - | - | $-74.00M | - |
| Debt Repayment | - | - | $324.00M | - |
| Stock Repurchased | - | - | - | - |
| Dividends Paid | - | - | $131.00M | - |
| Financing Cash Flow | - | - | $-14.00M | - |
| Net Change in Cash | - | - | $128.00M | - |
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.