$9.50B
Revenue
$-3.69B
Net Income
34.38%
Gross Margin
-36.52%
Op. Margin
$-63.00M
Free Cash Flow
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.21B | $2.24B | $2.10B | $2.94B | $2.34B | $2.41B | $2.34B | $3.14B | $2.48B | $2.65B | $2.64B | $3.53B | $2.74B |
| Revenue Growth % (YoY) | -5.6% | -7.1% | -10.1% | -6.3% | -5.4% | -9.1% | -11.4% | -10.9% | -9.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.46B | $1.42B | $1.39B | $1.96B | $1.52B | $1.53B | $1.51B | $2.08B | $1.60B | $1.73B | $1.81B | $2.53B | $1.91B |
| Gross Profit | $752.00M | $814.00M | $719.00M | $980.00M | $827.00M | $875.00M | $831.00M | $1.06B | $876.00M | $915.00M | $835.00M | $994.00M | $839.00M |
| Gross Margin % | 34.0% | 36.4% | 34.2% | 33.3% | 35.3% | 36.4% | 35.5% | 33.7% | 35.3% | 34.5% | 31.6% | 28.2% | 30.6% |
| Operating Expenses | $2.15B | $4.51B | $2.09B | $4.21B | $2.19B | $2.24B | $2.20B | $3.25B | $2.33B | $2.28B | $2.47B | $3.48B | $5.35B |
| Selling General & Admin | $428.00M | $422.00M | $383.00M | $477.00M | $405.00M | $418.00M | $408.00M | $510.00M | $415.00M | $466.00M | $478.00M | $575.00M | $464.00M |
| Operating Income | $60.00M | $-2.27B | $14.00M | $-1.27B | $152.00M | $165.00M | $145.00M | $-103.00M | $151.00M | $366.00M | $176.00M | $42.00M | $-2.61B |
| Operating Margin % | 2.7% | -101.6% | 0.7% | -43.2% | 6.5% | 6.9% | 6.2% | -3.3% | 6.1% | 13.8% | 6.7% | 1.2% | -95.0% |
| Interest Expense | $134.00M | $117.00M | $112.00M | $115.00M | $117.00M | $119.00M | $117.00M | $115.00M | $119.00M | $123.00M | $94.00M | $113.00M | $107.00M |
| Other Income/Expense | $25.00M | $-1.00M | $2.00M | $-98.00M | $-13.00M | $-4.00M | $-2.00M | $-2.00M | $5.00M | $10.00M | $15.00M | $-13.00M | $37.00M |
| Income Before Tax | $-56.00M | $-2.41B | $-103.00M | $-1.37B | $78.00M | $47.00M | $31.00M | $-217.00M | $33.00M | $185.00M | $65.00M | $-71.00M | $-2.65B |
| Income Tax Expense | $17.00M | $-202.00M | $-12.00M | $-94.00M | $15.00M | $15.00M | $23.00M | $41.00M | $21.00M | $66.00M | $32.00M | $-41.00M | $87.00M |
| Net Income | $-80.00M | $-2.22B | $-100.00M | $-1.29B | $-23.00M | $20.00M | $-1.00M | $-273.00M | $1.00M | $107.00M | $20.00M | $-51.00M | $-2.75B |
| Net Margin % | -3.6% | -99.4% | -4.8% | -43.7% | -1.0% | 0.8% | -0.0% | -8.7% | 0.0% | 4.0% | 0.8% | -1.4% | -100.1% |
| Basic EPS | -9.89 | -275.46 | -0.25 | -3.25 | -0.06 | 0.05 | nan | -0.70 | 0.00 | 0.28 | 0.05 | -0.14 | -7.21 |
| Diluted EPS | -9.89 | -275.46 | -0.25 | -3.25 | -0.06 | 0.05 | nan | -0.70 | 0.00 | 0.28 | 0.05 | -0.14 | -7.21 |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.82B | $897.00M | $833.00M | $905.00M | $873.00M | $1.21B | $1.10B | $1.12B | $1.10B | $1.48B | $1.29B | $1.27B | $624.00M |
| Accounts Receivable | $840.00M | $819.00M | $844.00M | $1.14B | $883.00M | $897.00M | $980.00M | $1.31B | $952.00M | $931.00M | $1.06B | $1.39B | $1.03B |
| Inventory | $1.19B | $1.19B | $1.18B | $1.06B | $1.30B | $1.12B | $1.13B | $1.04B | $1.23B | $1.17B | $1.33B | $1.35B | $1.74B |
| Other Current Assets | $206.00M | $192.00M | $165.00M | $190.00M | $174.00M | $187.00M | $170.00M | $209.00M | $184.00M | $167.00M | $183.00M | $210.00M | $189.00M |
| Total Current Assets | $4.05B | $3.10B | $3.03B | $3.30B | $3.23B | $3.42B | $3.39B | $3.68B | $3.48B | $3.76B | $3.89B | $4.28B | $3.58B |
| Goodwill | $821.00M | $830.00M | $2.24B | $2.22B | $3.17B | $3.13B | $3.14B | $3.16B | $3.46B | $3.48B | $3.51B | $3.50B | $3.43B |
| Intangible Assets | $380.00M | $419.00M | $419.00M | $402.00M | $437.00M | $457.00M | $495.00M | $526.00M | $567.00M | $610.00M | $646.00M | $612.00M | $645.00M |
| Other Non-current Assets | $109.00M | $109.00M | $106.00M | $103.00M | $116.00M | $135.00M | $136.00M | $151.00M | $147.00M | $152.00M | $232.00M | $310.00M | $832.00M |
| Total Assets | $7.56B | $6.70B | $8.98B | $9.24B | $10.77B | $10.94B | $10.98B | $11.37B | $11.44B | $11.80B | $12.20B | $12.57B | $11.80B |
| Accounts Payable | $660.00M | $648.00M | $676.00M | $776.00M | $839.00M | $762.00M | $789.00M | $895.00M | $813.00M | $697.00M | $819.00M | $976.00M | $977.00M |
| Short-term Debt | $82.00M | $86.00M | $242.00M | $867.00M | $874.00M | $856.00M | $939.00M | $642.00M | $730.00M | $710.00M | $319.00M | $828.00M | $603.00M |
| Accrued Liabilities | $815.00M | $824.00M | $811.00M | $953.00M | $802.00M | $787.00M | $715.00M | $983.00M | $804.00M | $843.00M | $948.00M | $1.13B | $940.00M |
| Other Current Liabilities | $68.00M | $80.00M | $89.00M | $128.00M | $134.00M | $138.00M | $100.00M | $97.00M | $109.00M | $147.00M | $176.00M | $162.00M | $214.00M |
| Total Current Liabilities | $1.62B | $1.64B | $1.82B | $2.72B | $2.65B | $2.54B | $2.54B | $2.62B | $2.46B | $2.40B | $2.26B | $3.10B | $2.73B |
| Long-term Debt | $5.81B | $4.83B | $4.76B | $4.10B | $4.18B | $4.48B | $4.55B | $4.70B | $4.83B | $5.27B | $5.80B | $5.53B | $5.30B |
| Deferred Tax Liabilities | $1.14B | $1.13B | $1.32B | $1.31B | $1.44B | $1.47B | $1.50B | $1.53B | $1.51B | $1.48B | $1.47B | $1.44B | $1.45B |
| Other Non-current Liabilities | $103.00M | $121.00M | $113.00M | $120.00M | $131.00M | $140.00M | $142.00M | $148.00M | $129.00M | $116.00M | $126.00M | $198.00M | $698.00M |
| Total Liabilities | $10.54B | $9.59B | $9.87B | $10.13B | $10.29B | $10.52B | $10.63B | $10.88B | $10.74B | $11.07B | $11.51B | $12.05B | $11.45B |
| Retained Earnings | $-3.50B | $-3.42B | $-1.19B | $-1.09B | $192.00M | $215.00M | $195.00M | $196.00M | $468.00M | $467.00M | $358.00M | $337.00M | $387.00M |
| Total Stockholders Equity | $-3.07B | $-2.98B | $-981.00M | $-971.00M | $397.00M | $328.00M | $255.00M | $385.00M | $590.00M | $621.00M | $578.00M | $412.00M | $235.00M |
| Total Liabilities & Equity | $7.56B | $6.70B | $8.98B | $9.24B | $10.77B | $10.94B | $10.98B | $11.37B | $11.44B | $11.80B | $12.20B | $12.57B | $11.80B |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-80.00M | $-2.22B | $-100.00M | $-1.29B | $-4.00M | $19.00M | $-1.00M | $-273.00M | $128.00M | $127.00M | $20.00M | $-51.00M | $-2.75B |
| Depreciation & Amortization | $103.00M | $207.00M | $102.00M | $93.00M | $95.00M | $195.00M | $99.00M | $98.00M | $309.00M | $204.00M | $100.00M | $110.00M | $371.00M |
| Deferred Income Tax | $-234.00M | $-239.00M | $-5.00M | $-125.00M | $-86.00M | $-60.00M | $-2.00M | $18.00M | $62.00M | $25.00M | $-2.00M | $-33.00M | $45.00M |
| Change in Receivables | - | $-327.00M | $-296.00M | $267.00M | $-411.00M | $-395.00M | $-313.00M | $342.00M | $-378.00M | $-403.00M | $-294.00M | $359.00M | $-483.00M |
| Change in Inventory | $105.00M | $106.00M | $115.00M | $-221.00M | $249.00M | $84.00M | $94.00M | $-194.00M | $-63.00M | $-131.00M | $-25.00M | $-417.00M | $163.00M |
| Change in Payables | $-135.00M | $-149.00M | $-109.00M | $-45.00M | $-59.00M | $-122.00M | $-101.00M | $69.00M | $-103.00M | $-220.00M | $-167.00M | $-28.00M | $-418.00M |
| Operating Cash Flow | $30.00M | $26.00M | $-60.00M | $212.00M | $313.00M | $293.00M | $26.00M | $317.00M | $602.00M | $468.00M | $16.00M | $231.00M | $-37.00M |
| Capital Expenditure | $103.00M | $72.00M | $34.00M | $62.00M | $137.00M | $94.00M | $40.00M | $79.00M | $151.00M | $105.00M | $54.00M | $97.00M | $171.00M |
| Purchases of Investments | - | - | - | - | - | - | - | - | $179.00M | $179.00M | $179.00M | - | $7.00M |
| Investing Cash Flow | $-203.00M | $-167.00M | $-78.00M | $-76.00M | $-149.00M | $-98.00M | $-31.00M | $-72.00M | $18.00M | $72.00M | $112.00M | $-103.00M | $704.00M |
| Debt Repayment | $868.00M | $868.00M | $797.00M | $205.00M | $2.25B | $1.72B | $1.55B | $365.00M | $1.89B | $1.32B | $803.00M | $431.00M | $2.58B |
| Dividends Paid | $1.00M | $1.00M | $1.00M | - | $4.00M | $4.00M | $4.00M | - | $8.00M | $7.00M | $7.00M | $1.00M | $11.00M |
| Financing Cash Flow | $1.09B | $118.00M | $55.00M | $-86.00M | $-412.00M | $-85.00M | $-2.00M | $-234.00M | $-776.00M | $-326.00M | $-122.00M | $499.00M | $-571.00M |
| Net Change in Cash | $941.00M | $4.00M | $-71.00M | $33.00M | $-246.00M | $89.00M | $-19.00M | $24.00M | $-173.00M | $207.00M | $10.00M | $652.00M | $37.00M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.