$9.50B
Revenue
$-3.69B
Net Income
34.38%
Gross Margin
-36.52%
Op. Margin
$-63.00M
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) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Total Revenue | $9.50B | $10.04B | $10.91B | $12.11B | $14.04B | $14.18B |
| Revenue Growth % | -5.4% | -8.0% | -9.8% | -13.8% | -0.9% | nan% |
| Cost of Revenue | $6.23B | $6.52B | $7.23B | $8.42B | $9.23B | $9.29B |
| Gross Profit | $3.27B | $3.51B | $3.69B | $3.69B | $4.81B | $4.89B |
| Gross Margin % | 34.4% | 35.0% | 33.8% | 30.5% | 34.3% | 34.5% |
| Operating Expenses | $12.97B | $10.85B | $10.32B | $14.15B | $12.96B | $12.61B |
| Selling General & Admin | $1.71B | $1.71B | $1.87B | $1.95B | $1.93B | $1.89B |
| Operating Income | $-3.47B | $-809.00M | $590.00M | $-2.04B | $1.09B | $1.57B |
| Operating Margin % | -36.5% | -8.1% | 5.4% | -16.9% | 7.7% | 11.1% |
| Interest Expense | $478.00M | $468.00M | $451.00M | $456.00M | $468.00M | $408.00M |
| Other Income/Expense | $-72.00M | $-482.00M | $11.00M | $70.00M | $-6.00M | $-32.00M |
| Income Before Tax | $-3.94B | $-1.29B | $66.00M | $-2.31B | $638.00M | $1.05B |
| Income Tax Expense | $-291.00M | $-41.00M | $160.00M | $224.00M | $217.00M | $-211.00M |
| Net Income | $-3.69B | $-1.29B | $-145.00M | $-2.59B | $340.00M | $1.20B |
| Net Margin % | -38.8% | -12.9% | -1.3% | -21.4% | 2.4% | 8.5% |
| Basic EPS | -288.85 | -3.26 | -0.37 | -6.83 | 0.84 | 2.89 |
| Diluted EPS | -288.85 | -3.26 | -0.37 | -6.83 | 0.82 | 2.86 |
| Breakdown | 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $905.00M | $1.12B | $1.27B | $587.00M | $806.00M |
| Accounts Receivable | $1.14B | $1.31B | $1.39B | $1.68B | $1.64B |
| Inventory | $1.06B | $1.04B | $1.35B | $1.62B | $1.30B |
| Other Current Assets | $190.00M | $209.00M | $210.00M | $235.00M | $473.00M |
| Total Current Assets | $3.30B | $3.68B | $4.28B | $4.45B | $4.57B |
| Goodwill | $2.22B | $3.16B | $3.50B | $6.34B | $6.64B |
| Intangible Assets | $402.00M | $526.00M | $612.00M | $745.00M | $779.00M |
| Other Non-current Assets | $103.00M | $151.00M | $310.00M | $602.00M | $549.00M |
| Total Assets | $9.24B | $11.37B | $12.57B | $16.25B | $17.00B |
| Accounts Payable | $776.00M | $895.00M | $976.00M | $1.43B | $1.30B |
| Short-term Debt | $867.00M | $642.00M | $828.00M | $1.31B | $1.75B |
| Accrued Liabilities | $953.00M | $983.00M | $1.13B | $1.24B | $1.42B |
| Other Current Liabilities | $128.00M | $97.00M | $162.00M | $244.00M | $231.00M |
| Total Current Liabilities | $2.72B | $2.62B | $3.10B | $4.22B | $4.70B |
| Long-term Debt | $4.10B | $4.70B | $5.53B | $5.67B | $5.19B |
| Deferred Tax Liabilities | $1.31B | $1.53B | $1.44B | $1.35B | $1.36B |
| Other Non-current Liabilities | $120.00M | $148.00M | $198.00M | $707.00M | $768.00M |
| Total Liabilities | $10.13B | $10.88B | $12.05B | $13.22B | $13.27B |
| Retained Earnings | $-1.09B | $196.00M | $337.00M | $2.97B | $3.52B |
| Total Stockholders Equity | $-971.00M | $385.00M | $412.00M | $2.89B | $3.60B |
| Total Liabilities & Equity | $9.24B | $11.37B | $12.57B | $16.25B | $17.00B |
| 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) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Net Income | $-3.69B | $-1.29B | $-145.00M | $-2.59B | $340.00M | $1.20B |
| Depreciation & Amortization | $505.00M | $383.00M | $407.00M | $481.00M | $537.00M | $562.00M |
| Deferred Income Tax | $-603.00M | $-211.00M | $80.00M | $12.00M | $-4.00M | $-356.00M |
| Change in Receivables | - | $-144.00M | $-36.00M | $-124.00M | $-27.00M | $-232.00M |
| Change in Inventory | $105.00M | $28.00M | $-257.00M | $-254.00M | $440.00M | $-133.00M |
| Change in Payables | $-438.00M | $-104.00M | $-34.00M | $-446.00M | $147.00M | $185.00M |
| Operating Cash Flow | $208.00M | $525.00M | $919.00M | $194.00M | $1.23B | $2.46B |
| Capital Expenditure | $271.00M | $199.00M | $230.00M | $268.00M | $244.00M | $257.00M |
| Purchases of Investments | - | - | $179.00M | $7.00M | $202.00M | $119.00M |
| Investing Cash Flow | $-524.00M | $-225.00M | $-54.00M | $601.00M | $-501.00M | $-161.00M |
| Debt Repayment | $2.74B | $2.45B | $2.26B | $3.01B | $594.00M | $2.08B |
| Stock Repurchased | - | - | - | - | $365.00M | $70.00M |
| Dividends Paid | $3.00M | $4.00M | $8.00M | $12.00M | $503.00M | $1.25B |
| Financing Cash Flow | $1.18B | $-498.00M | $-1.01B | $-72.00M | $-914.00M | $-2.18B |
| Net Change in Cash | $907.00M | $-213.00M | $-149.00M | $689.00M | $-218.00M | $133.00M |
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 | $2.21B | $2.34B | $6.55B | $7.09B |
| Cost of Revenue | $1.46B | $1.52B | $4.27B | $4.56B |
| Operating Expenses | $2.15B | $2.19B | $8.75B | $6.63B |
| Selling General & Admin | $428.00M | $405.00M | $1.23B | $1.23B |
| Operating Income | $60.00M | $152.00M | $-2.20B | $462.00M |
| Interest Expense | $134.00M | $117.00M | $363.00M | $353.00M |
| Other Income/Expense | $25.00M | $1.00M | $35.00M | $22.00M |
| Income Before Tax | $-56.00M | - | $-2.57B | $78.00M |
| Income Tax Expense | $17.00M | $15.00M | $-198.00M | $53.00M |
| Net Income | $-80.00M | $-23.00M | $-2.40B | $-4.00M |
| Basic EPS | -9.89 | -0.06 | -297.70 | -0.01 |
| Diluted EPS | -9.89 | -0.06 | -297.70 | -0.01 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.82B | $905.00M |
| Accounts Receivable | $840.00M | $1.14B |
| Inventory | $1.19B | $1.06B |
| Other Current Assets | $206.00M | $190.00M |
| Total Current Assets | $4.05B | $3.30B |
| Goodwill | $821.00M | $2.22B |
| Intangible Assets | $380.00M | $402.00M |
| Other Non-current Assets | $109.00M | $103.00M |
| Total Assets | $7.56B | $9.24B |
| Accounts Payable | $660.00M | $776.00M |
| Short-term Debt | $82.00M | $867.00M |
| Accrued Liabilities | $815.00M | $953.00M |
| Other Current Liabilities | $68.00M | $128.00M |
| Total Current Liabilities | $1.62B | $2.72B |
| Long-term Debt | $5.81B | $4.10B |
| Deferred Tax Liabilities | $1.14B | $1.31B |
| Other Non-current Liabilities | $103.00M | $120.00M |
| Total Liabilities | $10.54B | $10.13B |
| Retained Earnings | $-3.50B | $-1.09B |
| Total Stockholders Equity | $-3.07B | $-971.00M |
| Total Liabilities & Equity | $7.56B | $9.24B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-80.00M | $-23.00M | $-2.40B | $-4.00M |
| Depreciation & Amortization | $103.00M | $95.00M | $310.00M | $290.00M |
| Deferred Income Tax | - | - | $-234.00M | $-86.00M |
| Change in Inventory | - | - | $105.00M | $249.00M |
| Change in Payables | - | - | $-135.00M | $-59.00M |
| Operating Cash Flow | - | - | $30.00M | $313.00M |
| Capital Expenditure | - | - | $103.00M | $137.00M |
| Investing Cash Flow | - | - | $-203.00M | $-149.00M |
| Debt Repayment | - | - | $868.00M | $2.25B |
| Dividends Paid | - | - | $1.00M | $4.00M |
| Financing Cash Flow | - | - | $1.09B | $-412.00M |
| Net Change in Cash | - | - | $941.00M | $-246.00M |
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.